Quote from: BitMaxz on April 20, 2024, 10:16:59 PM

Quote from: Litzki1990 on April 20, 2024, 05:33:02 PM

Quote from: debra on April 10, 2024, 11:46:38 PM

Quote from: BitMaxz on April 03, 2024, 09:53:45 PM

Traders is actually making more than those who hold longer because they can sell every time there is a bearish pattern and buy again when bullish meaning they are making more profit percentage than you are holding.

I think it depends on how much the capital to use. If a trader only uses small funds, he won't get significant profits. Although he can get a profit daily but it won't be big profits. It is different with people who hold their coins, most of them probably expect for big profits. They may sell the coins at once, but it will be significant profits. As far as I know, most holders use quite big funds because it is targeted for a long term.

If we have excess capital, we will have the potential to make more money when trading, and when we lose money, we will lose more money.  The more capital you use in trading, the higher the chance of profit and loss, so every trader should have adequate knowledge about trading and then start trading. If we trade in the wrong way with too much capital, we will lose money instead of making money. Whenever we use extra capital and trade wrongly, our losses will be high and we may get frustrated many times because of these losses. So a trader can trade with a relatively small amount of money at the beginning of trading, then when he has enough knowledge about trading, he can use more capital and trade in the right way to make a profit.

It depends on how you trade even if you have small or big capital without knowledge about risk management then you will lose a lot than making a profit.
That is why you need set a trading rule for your self only risk 1% on every trade they called it 1% trading strategy or 1% risk rule meaning you shoundnt risk more than 1% of account capital on a single trade more than that you won't make any profit in trading that is why it needs proper risk management and make sure to analyze the market to place a trade on a good position where you know you can win the trade.
There is no perfect prediction in trading that is why you need to set this rule to be able to be profitable in trading.

Sometimes with this theory we can minimize losses, but you have to know that everyone's economic conditions will definitely be different, especially since many people can read strategies like this, the whales will try to be even more aggressive so that no one can withstand the risks that have been given by them. many people.

Quote from: Dr.Bitcoin_Strange on May 17, 2024, 07:57:29 PM

Quote from: Vx1 on May 16, 2024, 07:07:11 PM

In the past, many countries banned Bitcoin, but they used Blockchain technology for the benefit of the country. Finally, over time they realized that the existence of Blockchain technology was very helpful, finally over time they accepted several crypto activities starting from trading and investment, then they took advantage by applying tax on income from crypto. 
They are indeed smart, but the important thing is that this cryptocurrency can continue to grow rapidly.

The war was actually not against Blockchain Technology but against the product of Blockchain Tech, which is Bitcoin and other cryptocurrencies, asides cryptocurrency, Blockchain Technology has been quite useful in other areas hence the reason why it was embraced.
The reason that the government and other financial authorities war against cryptocurrency was due to its decentralised nature, and the fact that financial authorities has been removed from their hands and placed in the hands of the citizens.
The government are used to being in power over every areas that concerns the country, especially financially, so depriving them of that absolute power wasn't funny at all.

There is also a reason that is usually stated by the government, namely because decentralized cryptocurrencies are feared as a tool for money laundering and other crimes. 
Because this will make it difficult for the relevant departments to trace it and arrest the perpetrators of the crime. 
So actually there is some truth in what the government is doing, but the most important thing right now is that we can see the development of crypto in the world growing more rapidly every day.

I think 18 plus persons are suitable for gambling, because boys and girls under 18 will be studying at that time. If gambling is indulged in at that time, it is certainly fatal to the society, and a threat to the family. Because a gambler can never do anything good, he will always be addicted to winning, and he can do various evil things to earn this money by gambling.

So, take your profits if you've seen some and never miss and commit the same mistake again.

Quote from: akeemqaz on May 15, 2024, 01:59:55 AM

It's very risky to invest in new crypto coins. Especially if it's a memecoin. Most coins are listed at higher value. I mostly set limit other like I did with GME on Bitget after seeing the pump. With limit others, you will be able to buy at a lower price instead of buying at the top.

Many are currently avoiding buying new coins even though we know that new coins promise very good profits, but because the reputation has been bad so far, no one dares to speculate and try to buy.
Many altcoins even have problems. Of course, it's not appropriate to try meme coins, of course, it's not really recommended for investment.
The principle of buying coins is that they have potential and, if possible, when the price is corrected, you will get the cheapest price. Even if not, it can still be used as an investment.

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.

So that's it, when someone has a lot of money, maybe they will spend more money on gambling, and when the person is poor they will spend less money on gambling, but it will still create difficulties even if they spend no more money. bigger than rich people.

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.

I have came across someone who made fortunes from gambling and all of the sudden he wasted those resources back to gambling because of improper planning, he was thinking to have the total control of himself that he would still win a huge amount after using about 70 percent of his total winning from the site to stake back another game which is to give him about 10x from the previous winning he ended up wasting those funds just like and today he is trying to rise back but is not possible for him.