Exactly. Diversified investment is the pretty idea way to go with altcoin investment and hodl through the altcoin season. This time is not the time for an investor to complain about their loss of investment because generally the crypto market is in the red zone and it is expected that all altcoins to experience a decline in price, maybe in months, the market will bounce back and everyone will begin to smile back. As we already know, you don't lose in crypto unless you sell at a loss price. This is not the time to complain but instead, a time to accumulate more altcoins you believe will do well in the bull run season

Let me tell you a harsh reality, this market is too sensitive, believe it or not, if the market manages to decline further, and if Bitcoin goes to $50k or below, we will witness a very large sell-off because people will start panic selling when they see that happening, they will start thinking that they should sell now before they lose more profit if they are still in profit, and they wouldn't think that the market will decline further if they sell.

My point behind saying all that is, that though I agree that this is a good opportunity to accumulate more coins and tokens that are good, one should make sure they are not going all in because there is always a possibility of the prices getting cheaper in the near future.

Quote from: SmartGold01 on April 29, 2024, 06:24:43 PM

Anyone who has witnessed about 1 to 2 halving should be able to understand how the halving works and hence should be patient while we gets to the right time when the market would start changing to what they expected.
Nobody should expect immediate pump after halving because it doesn't work that way at least, we should be able to monitor the market till ending of this year to next year 2025 with this we can see the bull run coming so quickly than earlier halving period.

Yes, we saw halving several times in 2016, 2020 and this year. and after the bitcoin halving we saw the price of bitcoin touch ATH. This happened a year after the halving occurred. Why is halving needed, because when halving rewards from miners are cut in half, it makes bitcoin supply limited and demand increases, this causes the price of bitcoin to rise. This is highly anticipated by investors and bitcoin holders and of course altcoin holders, because when bitcoin rises, altcoin prices will follow.

The rise won't take effect immediately although i was still shocked to see bitcoin dropped below $60k this is to say that we might see more dip, for over few weeks now bitcoin has been within the range of $73k to $60k but was surprised to see that it was down $57k this morning. This show more dip are to come before we could fully enjoy the bull run this season, which would falls between ending of this year to next year 2025,

Quote from: Captain Corporate on April 09, 2024, 04:17:23 PM

I keep seeing this type of comparison all the time and everywhere. I think its quite obvious that they are not the same but for some reason it must be "feeling" same to some people. If you are not using TA or FA, if you are not reading the charts, if you are not putting your entire trading knowledge into each trade, then yeah you may feel that way. Still doesn't mean its gambling, but a newbie just randomly picking something may feel a little bit like a gambler. I believe that as long as we get to just have a positive return or at least potential to it, the lack of house edge alone makes it quite possible for you to be fine.

Its true, any activity where a newbie jumps in and just hopes for the best can feel a lot like gambling. Its about luck for them at that point kind of like playing the lottery. If you're not looking at charts or putting your knowledge to work I can totally see why it might feel more like a gamble. But processes that you can control or predict more than 80% can hardly be considered random

A beginner just relies on luck because they don't have the knowledge to do research and make analysis, it's natural that in the past I just looked for news and followed my friends' steps when I was a beginner. And after that, just start learning to do research, this is a process. so it takes time to become a great investor or trader

From the looks, this casino seems to be a new one if I am not mistaken.

The post is a bit old but judging from when it was made I believe it is not a new gambling site - although it was reported in Bitcointalk that they were using fake teams in their sites and that earned them some negative trust which led to them abandoning their Ann thread.