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And it just shows that trading is not for everyone and that's why it is said to be lethal. And we even compare it to gambling already, although we can mitigate the risk in trading, but still there are a lot of unknowns and as we dig deeper, the more we would lose money here. And most likely the mindset of this tiktoker as well, maybe he thinks that it is easy money because of the success of his friends. But everyone is very different, his friends might be successful and he can even copy his trading, but it doesn't mean that he will get the same luck as his friends.
We all know that trading is very risky, so everyone must acquire good knowledge about trading before starting trading and must acquire good knowledge about market analysis and market research, otherwise there may be loss in trading. I also believe that trading is not for everyone. so if someone trades with risk himself then he has to take the responsibility of his loss.  So one cannot call trading lethal.
2
Cryptocurrency discussions / Re: Is there still going to be a bull run?
« Last post by Gyrgen on Today at 10:45:10 PM »
Recently found such joke in the internet - bullrun will start in 4 months, when CZ gets out of the jail. I am not saying that current price drop is related to sentence he was given recently, but like it is said: «each joke has part of truth in it». Just my imagination - CZ gets out of the jail, he will be totally free men that has repaid his debt, he still has a lot of money and reputation. If he decides to create something crypto related, it will be boom on the market.
I don’t think that one person is capable of doing this. Despite the reputation and means that he has, the problem is that a boom happens when you do something new. Perhaps it will be possible to do something local that will improve his financial situation nothing more. But perhaps I I'm wrong.
3
Bitcoin Forum / Re: Is Bitcoin legal?
« Last post by JISAN on Today at 10:43:54 PM »
Very fast movements will certainly affect every payment that is not appropriate, and no one wants to suffer a loss from every transaction they make. If it goes up, they will certainly benefit. What if Then it goes down? Then the losses clearly haunt everyone who wants to accept the transaction. You are right in saying that the supply is also very limited and, of course, this is not ideal for use. A decent one is something like USDT which is always stable, and the supply is also very large.
Unfortunately, if Bitcoin is used as a transaction, the sending process will take a very long time, so we have to continue using USDT, but we also need to pay attention that the USDT network used must be BSC or a network that has high transaction speeds and fairly cheap transaction fees. So that in this way the transaction does not harm both parties.
Bitcoin has a huge number of transactions per second and block confirmations take slightly longer than other chains. But you can do more safe transactions than other chels like Bsc, Tron, it is better to use Bitcoin through Bitcoin. If you want to do some small transactions, you can choose alternative coins and alternative chains to save transaction fees, such as TRON, BSC, these chains can save both your transaction fees and time. USDT is a stablecoin that carries a dollar value so it cannot be compared to Bitcoin
4
Thanks for all your comments, as expected the negative news about crypto market lead to this dump in price of Bitcoin and most of the altcoins too, at the moment it's hanging at 57K ish but with the rate I expect atleast go near 50K then we might start the actual bull run for the cycle 2025.

from the chat, i saw some experienced traders pointed out price will dip to $43k support. can't believe the theory but i think this dip will just stop at $53k and will bounce to try breaking that 73k resistance again.

you can keep waiting for that $50k to happen, your lucky once it does.   usually the resistance turns into a support just like that in 53k. you can expect sideways of price in this range before hitting that 50k else it will just bounce before it would even go below 52k.
On the moment that the makret would really be having this kind of dip then you would really be seeing those different people or traders would be saying this and that which they were right with their predictions but actually this is something that cant really be known. Yes, we can be able to draw out when it comes to those technical indicators but doesnt mean that it will surely happen.
No one really had anticipated for the price that having that correction as low as the current price which is 57k as of this moment. If it would go below 50k then 38k could be that possible but of course that 43k support should be broken out first.
5
Gambling discussion / Re: Do People Change Their Preferred Casino?
« Last post by electronicash on Today at 10:38:19 PM »

Yes for sure, but not for a bonus or any other financial gains but only to try my luck cause changing the platform might change the luck factors too (just superstition though).

Talking about others, I guess so and everyone has their reasons for doing, for some they want to try their luck as myself and many just want to claim bonus that's heavy in new casinos and for newly registered users and others pick casino simply for better gambling experience if they are not satisfied where they are currently betting regularly.
I think that we are all people who practically make these types of changes just so that we can get lucky, sometimes we have that belief that in a casino we will have more luck, or maybe more chances of winning, that always doesn't happen, since we already have our favorite casino, well, if you don't have that belief, it is something normal, but always when we are in a very good casino, such as the style of some who have been in this field for years and have earned a very high trust and Reputation, well, it is something Automatically, it is a sign of security, and sometimes it is the only thing that is important, having that security for things that have to do with our money, of not being Scammed or anything like that.

i have that feeling as well when i experience losing streak, i move to anther casino  ;D

gamblers will try out different casino for different purpose. one reason could just be because of the promotions like the deposit bonus.  what i certainly do is trying out because of the free spins. but some gamblers try our other casino is because they wanna see whether their strategy works also in the other casinos.  trying out other casino may lead to their preference.

6
Gambling discussion / Re: what is the impact of gambling on students?
« Last post by LUCKMCFLY on Today at 10:37:44 PM »
Yeah gambling can actually have a disastrous impact on a student's life, both academically and socially.
When a person becomes too used to gambling and suddenly develops the inability to control their emotions when gambling, then addiction sets it, and gambling addiction comes with a lot of things, from financial problems to mental health problems and then social problems and so many more, and if a student (regardless the age or level of education) starts to develop these symptoms, then it will definitely become veey harmful for them because they won't be mentally balanced to be able to do on the academic activities.

This happens only in some parallel universe. Among millions of students how many are really gambling addicted? Several thousands? That is nothing in matter of statistics. Students are busy doing all kind of stuff, and I doubt that many focus so much on gambling, that it has a significant impact on their study and grades. As you make an imaginary chain of what can happen in future gambling>addicted gambling>bad grades>expelled>low paid work>no future>health problem, then there is no use to go out from the house at at all because, for example, you can get hit by car, robbed, object can fall on the head and etc.

Leave students alone. That is their first experience of grown-up life. Let them have their own experience, bad and good. Let them do their own mistakes and solve them. Otherwise we will have army of «mama’s boys» .

Well, I was a university student when I started gambling, the truth is it was very Exciting, yes it can be like an addiction, but you have to know how to treat things, when they are underage students things change, now they can't. It is taken the Same because the game is always a great temptation , minors are something else, it is something that is not allowed to enter or anything like that, that is something that already escapes the normal parameters, but in another since being a student You can take advantage of everything, of course that's how I see Things, it's much better when you learn to have control, whether you are a student or not, because it is an indication of the type of Professional you will be in the face of any adversity.
7
Bitcoin Forum / Re: The 134th reason why you should not use Wasabi Wallet.
« Last post by JISAN on Today at 10:36:38 PM »
I personally do not use Wasabi wallet ever since I was in crypto up to this day because I am only using Electrum, Mycelium, Green Wallet, BlueWallet, Coinomi and Trust Wallet. I don't know if those hot wallets I am using are decentralized ones or not but I am comfortable using them since 2017.
Don't use trust wallet anymore, because centralized services are not safe but they claim to be. This is exactly what OP is saying that Wassabi claims to be decentralized whereas they are not. The problem with these centralized services is that they can sell out your information to the government. I learnt how Wassabi is not a safe wallet to use in storing bitcoin from the other forum.
How Trust wallet can sell your information? where they provide security phrase as your wallet security key. i didn’t use Wassabi wallet yet that's why i don't know about this wallet too much. but i seen they are promoting there wallet by signature campaign on btt forum. i think this wallet is still not too much popular like another popular wallet tw. trust wallet is non Custodial wallet i have use this to hold some of my tokens
8
Các sản phẩm đầu tư tài sản kỹ thuật số chứng kiến   dòng ra trong tuần thứ ba liên tiếp với tổng trị giá 435 triệu USD, đánh dấu khoản tổn thất lớn nhất kể từ tháng 3 năm nay.

Hoa Kỳ là quốc gia chứng kiến   dòng ra lớn nhất với 388 triệu USD, mặc dù dòng vốn vào từ đầu năm đến nay vẫn ở mức kỷ lục 13,6 tỷ USD. Phần lớn dòng ra xuất phát từ GBTC của Grayscale, thất thoát 440 triệu USD, mức thấp nhất trong 9 tuần.
Đây là chuyện hoàn toàn bình thường vì những tuần qua là những tuần khá trầm lắng của thị trường crypto khi giá BTC đã bị đẩy ngược tại vùng giá $73K và chưa có dấu hiệu sớm hồi phục. Hôm nay, giá BTC thậm chí đã chạm $56.5K và khiến cả thị trường hoảng loạn. Áp lực bán tài sản của những nhà đầu tư truyền thống thông qua các quỹ quản lý tài sản tăng lên cũng là điều dễ hiểu và chính họ cũng đang khiến cho giá tiếp tục giảm mạnh hơn. Đây chính là tác động cơ bản mà những sản phẩm này mang đến: chúng không thay đổi bản chất thị trường mà chỉ khiến cho biến động trở nên nhanh và mạnh hơn.

Mình cho rằng chúng ta sẽ còn tiếp tục chứng kiến sự chảy ra của dòng tiền trong nhiều tuần tới, nhất là khi giá BTC tiếp tục giảm hoặc đi ngang, tạo áp lực tâm lý tiêu cực đến nhà đầu tư trong thị trường này.
9
Gambling discussion / Re: Whats your experience with gambling?
« Last post by royalRitta on Today at 10:35:37 PM »
Quote
Last January I tried slot games which I played with my cousin when we went on a vacation in our province. We played at Bingo Plus, a local online casino where we can easily deposit money using our local wallet called Gcash. My cousin was able to win a decent amount, while I was left losing all my deposited money. This was not a deposit money that was done once, but multiple times as I tried to at least win in the long run. Because of that, I have decided to lie low for the meantime in gambling, since I was also busy last February, I was able to take a break from any gambling activities. After that, I tried again recently this March 2nd, I went to a physical casino with my cousins to play slot machines, unfortunately, I lost again.

I plan to take a break again from gambling, but a few days ago, I saw an opening slot for this online casino campaign, BC Game which was a campaign being promoted on this forum. To apply you have to have an ID number on their website. Since it is required, I created an account. I think to myself that since I already have an account, why not try playing to kill some time?

I deposited money worth 500PHP or $9, just to try the website if it will meet my criteria in online casinos. I expected to immediately lose the money I deposited as I knew that this amount of money would only make me eligible to play at slots or on games where there's only a small minimum amount to start playing.

Guess what, I was able to play card games where normally a game with a high minimum amount to stake. On this website, specifically Blackjack the minimum amount to bet is 1.00 Php or $0.02. Because of that low minimum amount to bet, I was able to play it and I unexpectedly won by multiplying my deposited money up to 10x even after losing so much in the past month. I was able to buy my dream guitar worth $200, of course, I added a few bucks to buy it. I stopped playing and withdrew the money, I don't want to continue to bet the amount of money I've won.

Due to these winnings, I might stay playing on this website a little longer. I feel like my luck hasn't run out yet.
This is the story I posted in another forum last March, my experience in gambling since the start of the year. I said that I felt lucky that I might play a little longer, but guess what, after I withdrew the money, I had a continuous loss. But the thing is, I stopped immediately and didn't dare to deposit again to chase my losses. That happened this April, I have a consecutive loss by now. April is not a good month for me, and I decided to take a break in the meantime. This month, I am thinking of playing again, hopefully, my luck is with me again.

Your story is quite inspiring it really shows that with a bit of luck and responsible management one can enjoy gambling without letting it overrun their life. Best of luck if you decide to play again, hopefully your luck aligns with your enthusiasm and May turns out to be a fantastic month for you  8)
10
General Discussion / Re: What do I do with no money?
« Last post by Cryptsafe on Today at 10:33:00 PM »
Taking a walk at night would help me calm myself and also relieve me of some thoughtful stress while feeling the environment and having a good breath of the gentle fresh night breeze.

Writing is what I do most times and I do write here by reading posts replies and comments to also contribute my opinion by writing as well and the other is doing research because as at then, it would all mean a breakout things for me as I would want to see more options to survival which involves me  doing a further research and findings to see more opportunities out there for me to explore.
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