Quote from: yohananaomi on Today at 05:34:22 AM

Usually, as you said, this often happens, every time there will be a correction first to encourage a higher increase. If you are able to take this opportunity, you will get very good profits for the investment you have made.
I agree, always starting with planning everything you do is an obligation to avoid unwanted things. The target you said seems to be the best altcoin so far and it can make a contribution to its holders.

It is necessary to be active during both bear and bull season and think positively because many people when they see that market is going higher then they decide to purchase their coins and when they see that market is dump then they sell their coin due to fear of losing more but this strategy is totally wrong.

Looks like the memecoin frenzy isn't stopping anytime soon. Personally, I'm looking to get myself in the game with some new buys but I've been out too long. For now, Solana seems like the most attractive chain with some like WGW, BCP, and PEPEBOOST being seemingly catching to the eye. But I'm curious about what other traders here think of the chain. Where are your high-conviction meme tokens and are they on Solana?

Quote from: salad daging on May 23, 2024, 09:01:40 PM

It's hard to be a diamond hand, but will try for four years to hold it.

I believe most of them are selling BTC because they are short of cash and they think when the price drops it is better to sell at a 20% loss than to lose more later.

There are still some people who are more concerned with investing without thinking about how emergency funds should be prepared.

Hodling bitcoin for four years is not an easy journey to say, when you don't have a job or something doing to back yourself up financially, not sell your bitcoin for a loss price.

The majority have planned to hodl their bitcoin for up to four years, but the lack of saving up on rainy days made them sell so that they won't get wet on those days it rains. Forgetting that after it rains, it dries up for one to have a smooth journey toward their bitcoin investment. However, one should get prepared on rainy days on time, than hitting on it by surprise

This is not a very attractive strategy to me. Yes never selling in loss is good but selling just after 2% is not a good strategy. What would happen after selling and bitcoin never comes back to that level and continue flying. This is why it is advisable to Hold and even if you selling 2% is too small and make sure you never a nocoiner.

Quote from: ajiz138 on May 15, 2024, 03:37:04 PM

Quote from: Dr.Bitcoin_Strange on May 15, 2024, 02:08:09 PM

Most definitely.
There's no limit to how much a person can lose in gambling, no matter how much a rich man has, if he chooses to gamble out of control then he is surely paving his way to poverty because he'll surely lose all his wealth if he doesn't stop and retrace his steps.
That's why I always say that a rich man who is addicted or struggling with addiction has even more to lose than a poor addicted gambler, because the worse that can happen to a poor gambler is to remain poor but that's not the case with rich gamblers.

Around me, I have never seen someone who got rich from gambling, that someone would experience difficulties when they gamble. And I think this happens in all environments.

Getting rich through gambling isn't something we see everyday, I've only seen people who got rich through winning the lottery and not the regular gambling, yeah I've heard situations where people are said to have won millions via sports betting but doesn't really guarantee that the money would suddenly make one rich, because it'll take someone with good management skill to manage such funds, else he'll just end up misusing it and going back to square zero.

Quote from: milewilda on May 30, 2024, 03:48:31 PM

Ban and prohibitions is really that unlikely
considering taxes generated by these businesses are really that something significant and hardly be able to deny and ignore about its help specially on taxation and other correlated things.

Exactly, a ban on gambling institutions is not viable to some countries that relies on the tax generated from it to finance government projects. Regulations may be applied as to control this institution but not totally ban.

Our country is one of those many countries that rely on gambling as a source of revenue.

Quote from: Uruhara on May 24, 2024, 09:12:11 AM

Well I hope bitcoin can at least reach more than $80k this year. And many also estimate above $100k. But this is quite difficult. But it's still possible to happen. Actually seeing bitcoin a few days ago return to $70k was also a surprise. Because it happened quickly. And now the price is slowly decreasing again. So for those who trade and do not invest long term, they must be aware of current market conditions. Because everything becomes more difficult to predict in the short term. But in the long term I am optimistic.

I think it is possible that Bitcoin will reach $80k, but it shouldn't be in the near future. I think it may be in Q4 of this year, the price needs time to increase massively. However, we need to expect that there will be no bad news anymore. If we have bad news, the price may drop again and it will be hard to increase significantly. Yes, I am also optimistic that we will have a big increase again in the new few months.

Quote from: Dr.Bitcoin_Strange on May 22, 2024, 02:05:52 PM

Quote from: LUCKMCFLY on May 20, 2024, 11:00:25 PM

Quote from: Dr.Bitcoin_Strange on May 19, 2024, 06:39:58 PM

Quote from: Sim_card on April 25, 2024, 05:42:50 PM

Gambling is all about profits and loss, and I believe that every gambler must have experienced both either you are gambling everyday or occasionally. I have lost more than I have won which is a norm in gambling. This is why I only gamble for fun so that when I loss, I walk away happily because I enjoyed the fun of the game. I was once an addict a d lost so much to gamble, but I now gamble responsible and I can control my losses now.

You are absolutely correct and that is what I also do and it has been of help to me and I wish everyone can also have the same mentality, because with this kind of mentality, I believe the high rate of addiction won't be that much and it also helps people to gamble responsibly, that is why it's always advisable to gamble for fun, because if we gamble for fun, even if we lose or win, we be glad and take whatever things that comes our way with good faith even if it's not even up to what we have loss, also having time limits and how much we can also afford to spend can really be helpful because if one becomes an addict, it will really be hard for the person to stop, although having the experience of gambling whether negatively or positively is very important, as they said experience is the best teacher.

My strategy is very simple and can be applied to any type of games, including sports betting, it is that if I have 200usd available, but I want to spend only 20usd, I make a plan where I am going to play or bet only with that money and if I lose I assume my loss and I don't feel bad or anything, because it's the money I have available for that, but if I win it it seems fine to me and with that winning money I can do two things, leave a part to play in another session of game, it means on another day or on another occasion, for that reason this way I can let go of all my emcoines in every sense of the word.

That could also be another effective waste to mitigate one's losses and not let it get to you or push you into taking drastic actions that could lead to more losses.
First of all, when walking into the casino with intentions of gambling, you should be prepared to lose everything you're going with because there's a 100% possibility of that happening, so when it happens, you don't feel bad because you expected it from the onset, even before walking in there.

So if one has 200 dollars and you know you can't afford to lose all 200, it'll be better to divide the money and take just what you can afford to lose, so that when you lose it, it won't have much negative effect on you, and if you eventually win? It's still even better.

In fact it is like that, whenever I play I do precisely that strategy, well I call it the money we are willing to lose, of course there are times when you lose what you have to lose and it makes you want to put in more money. but that is where you must be careful, because from then on it is when it is most dangerous, if there is not enough discipline you can deposit little by little and when you see that there is no more money available, then in these simple strategies one must have discipline, Sometimes emotions are so strong that they can make us make many mistakes.