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Messages - Rubel007
1
« on: May 26, 2024, 07:41:44 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.
I feel in gambling that there is no strategy or experience by which I can win in gambling. I have to risk every bet. If you lose, you must also acquire the ability to laugh at that risk. Although I have no experience of winning at gambling, I do understand the strategy of how to survive. In my long experience I can say that betting is not guaranteed to win but it is guaranteed to lose. So everyone should know how to accept losses easily. Those who can accept loss can definitely do well in gambling.
2
« on: May 26, 2024, 07:24:16 PM »
In the cryptocurrency space, when we expect a certain bullish trend in any particular coin, we may not get it exactly as expected, but rather different behavior may be observed. Many people take these behaviors differently. During the period we would like to see a bull run in Ether price due to ETFs approval but there is no change in the price in this currency. My main point of bringing this topic here is that there are many people who try to invest with a specific event in mind but they don't always succeed in that goal. The only message to those investors is that success in the crypto space requires patience. Even if it is not good for us at the time we are expecting, we can get more than that expectation in the future. Of course, investors must have a long-term plan before investing.
- That's why it's important to have a real plan in this crypto business that we entered, because if we only depend on uncertainty, the chances are definitely high that the capital that we will use in crypto assets will end up in nothing.
You must really know something about trading; you can't just guess, but you don't know how to analyze or read a trading chart to determine where the price of the coins you are holding is headed.
You don't need to have trading skills before you can become successful in your bitcoin investment if you tend to hodli for long. It is easy to hodli if you are using the right amount to invest in bitcoin without over doing it. This is because people keep their savings in the bank for many years without touching it because they don't need it. This is why I am always baffled to hear that someone is investing in bitcoin for short-term and when he run at loss, he will be crying. Bitcoin investment is like every other invest or business that you set up or just started. You don't expect your new business or investment to give you a big profit that you should give to you in ten years time.
If those who keep their money fixed deposits in banks for long periods of time did the same in investing in bitcoins then everyone would be successful. An investor has to wait for a long time by keeping money in the bank. Especially the effect of inflation is making the holder suffer heavily. Those who have decided to invest the amount of money in the bank for a long time can be profitable even if they share one-third of that investment. And those who are in poor financial condition can get big returns in the long run if they can strengthen their holdings by using DCA.
3
« on: May 26, 2024, 06:58:44 PM »
I searched online portals on this topic since few days ago where i see that there are many women doing well in crypto space. Some have shown a positive attitude towards crypto as an employee of an organization and some for business purposes. Women are serving as CEOs of several major investment platforms. I have seen many female entrepreneurs working on crypto. Also learned about Binance and Bitgate in one of your posts recently where women have a large contribution. This figure will continue to increase in the future.
4
« on: May 26, 2024, 08:06:27 AM »
"Risk can not be called as help.
there is risk involved in every job or business you do, so what will you call it? As say you said " Risk cannot be called as help."
Yes there is risk in every activity but there is a big difference between taking risk in gambling or taking risk by investing in any other activity. The risk taken by the gambler may end up being lost, but if an investor takes a risk, he may lose temporarily but gain later. He does not risk losing his entire money. I can also say help here on the main topic issue. There are many people who do not gamble but are addicted to drugs and they do various types of crime for managing drug money. In the context of those young people, I can accept gambling as a help.
5
« on: May 26, 2024, 07:52:14 AM »
A couple of months ago when I started trading I got this feeling whenever get my trades wrong. Like in a week straight I amounted to so many losses that I felt this edge of seeing trade as a waste of time. Long story short, I'm still here trading and enjoying every little profit I get...
Now, I decided to share this with all of you. Never give up, whenever you think you're getting it wrong, just give it a break and relax. Is ok to be mad. Always remember no elite trader made it just like that. I feel the same thing this period. So, go relax and come back when your head is clear
There are some advantages in trading which is why many of us prefer to trade even after losing. Buying low and selling at a small profit provides access to cash that motivates traders wildly. But not all of us can survive in trading. Some lose a lot due to wrong trades and there are some who trade patiently. Those who conduct trading within limits without excessive greed will surely be able to make profit at any time even if they suffer losses.
6
« on: May 26, 2024, 07:23:07 AM »
As a crypto lover, this kind of news always makes me happy. I know it needs more time to implement cryptocurrency there. In addition to giving a positive vision to the governments, it is also an important responsibility to educate and develop the common people. If the government and people at all levels have a collective positive attitude towards crypto then there will be rapid development of cryptocurrency. If the government of any country looks at crypto positively, then something good can happen there. As we got El Salvador, a visionary decision by President Nayib Bukele lauded his country to the world and is currently benefiting from crypto investments. I would expect Brazil to step up to that role in the future.
7
« on: May 26, 2024, 07:08:43 AM »
Give it time, the $73k was an exceptional event caused by the approval of spot ETFs and the high demand they brought in. If the cyclicality is to be sustained, the proper pump is still ahead of us.
All things considered, $100k range is a conservative aim.
Need to give more space and time to see bitcoin break to higher price above $100k after success hit the latest higher price above $73k.
ETFs approval helped more for bitcoin success make new all time high price and I think current ETFs Ethereum approval will bring positive impact for cryptocurrency market and make bitcoin has opportunity break to higher price. Needed more patience for seeing bitcoin make new ATH price around one or two months later, but keep believing with this moment come early than our expectation.
I also believe that Ethereum's ETF approval in the recent market has been able to further boost market confidence. The market is moving between 69k at the moment but it can reach the high anytime which is not very difficult. If we see a new ATH again, the market will be able to quickly reverse its position. So far the market has reached the highest of 73K so 75K is also more likely. Many predictors think the market will continue for a long time between $70 and $80. According to them, the market will reach the highest bull run by the end of this year or may happen the beggining of the next year.
8
« on: May 26, 2024, 06:55:54 AM »
With where we are currently and from the way of the market recent performance, there is no likely possibility for dip market for now, all we could have is with the experience on the sustainability of the bull market all through, and if we are going dip, that may not have to be something coming sooner, instead, we are going to have it more bullish and little bearish till we are done with the season.
The market position is unlikely to go much deeper at the moment. Moreover, we are in a bullish trend. Soon we will see another Bitcoin rally. Although we cannot give 100% assurance about this, the overall situation of the market indicates so. Bitcoin is in a reliable position while we are aware of the Ether ETF approval. This sign will definitely help the market to be more bullish. Bitcoin will get dip but we should not expect a dip which is impossible. Expecting Bitcoin price below 20k is nothing but foolish.
9
« on: May 26, 2024, 06:38:39 AM »
Yes both holding and trading depends on one's personal factors and risk management and patience. so if one has sufficient amount of funds to invest for long term he should do holdings. And if one can take risk and have enough funds to trade then he can trade. I do both holding and trading as per my convenience. Day trading is risky but profit can be made using different strategies but it requires long experience.
Holding and investing are profitable but it will also be good if you invest in Bitcoin and then leave it for some years and then completely focus on trading if you know about trading but if you have minimum or no knowledge then first give value to learning because the more you learn the more you will be successful.
If someone doesn't have enough amount then he can just hold a single successful coin without making any trade because for trading you will need more money while investment is not based on daily decisions. It depends on you that you are willing to do both or take advantage of any one in which you are interested and have a clear concept.
I do both, always hold bitcoin for the long term. I also trade with altcoins, of course the coins in top coins. Because I think this is safer, because I am also not a professional trader who dares to trade with new coins.
I don't have much experience in trading but still I keep trading. My average trading result is not as expected and also I have to be under human pressure if I take up trading. Every time I take on a new trade at the moment I feel a sense of excitement as the price is too much high or low i have to worry about that. But no such situation will prevail if i am a holder. Whether the market conditions are good or bad, the holders are safe till the specified time. And an advantage for Bitcoin holders is that every four years when Bitcoin halving occurs new ATH will be available.
10
« on: May 25, 2024, 08:38:26 PM »
Gambling is a fun. It is a sort of entertainment and a good way to pass your free time. I enjoy gambling in my free time. By the way didn't get inspired by anything. Just watched a few online ads and started gambling.
We are bound to lose some money if our mindset on gambling is just for fun because we are going to lose focus on what we are doing, i mean if you are gambling, we should be attentive on it so that we have the chance on winning, just my thought.
Gambling starts with fun but later it turns into addiction. I got into gambling through Sports Betting. I loved sports and there was a lot of attention to bet on those sports which inspired me a lot. I took gambling as a gift and still enjoy it. The combination of betting with sports inspires me a lot. After my job, I do a lot of research on sports betting, which I also enjoy.
11
« on: May 25, 2024, 08:28:08 PM »
If you play for money, you have to be internally prepared to lose. If losing makes you mad, you will not be able to win back, but will lose more and more. You need to practice autotraining, meditation, and the ability to calm down quickly - this is the key to success
Yes it is true that every gambler must be patient. Those who gamble for quick money will lose and those who gamble despite repeated lose will also lose. A gambler should always learn to be patient when it comes to gambling. If ever a gambler is addicted then he is sure to lose there. Regardless of the situation, the gambler has to make every bet with determination.
12
« on: May 25, 2024, 08:17:23 PM »
In some communities women are not to gamble because it is a taboo. And talking from the holistic truth, gambling is tag as for men activities and not for me. And if any woman is found gambling then it is a feminist act which should be prohibited in the society. And in normal looking at it, it is not good for a woman to gamble, it looks odd. If a woman is driving taxi, it looks odd because in the road, you might only see two or three women driving taxi 🚖 out of millions of taxi drivers. And just like gambling, out of millions of gamblers, you can see only few in the hall.
It is true that women definitely lag behind men when it comes to gambling. And there are reasons enough to stay behind. Women have to play a role in family management which can never be avoided. If one wants to avoid then he cannot manage his family properly. While a very few women have the opportunity to run the same career as men, So they will never get the same opportunities as men. They will also be denied the opportunity to gamble like men.
13
« on: May 25, 2024, 08:05:41 PM »
Some investors don't know that filling their bags with shitcoins is an avenue to more losses rather they think that it is the best. Bitcoin is the only secured digital currency that can give us the rest of mind when investing in it, because hodling for a long term gives more profit to your bitcoin portfolio. If one must diversify, let it be a different asset entire that is not of the same line.
Its fatal mistake from investor filling their bag with investing in shitcoins, although has bigger possibilities earn much profit than other coins but shit coins can't promising for longer time our assets increasing drastically because many kinds of shits coins currently become scam project and can't sell any more.
No matter when investing in shit coin although holding for long term can't guarantee much profitable and I think must be careful allocated our money as investment assets in cryptocurrency. I think bitcoin is very good option than shit coins with slowly progress but has potential earn much profitable later.
It is highly recommended not to invest in shitcoins, because the risks are big and we are just wasting money. Why not choose top coins which are safer and even though the results are not as big as hype coins, the risk of losing is not that big if we buy at the right time.
By buying the top coins an investor can definitely be profitable in the long run. There are some investors who lose their wealth due to excessive greed. They invest in some coins that lose their existence after the hype. Currently, there is an enthusiasm among investors working with meme Coins. Many investors invest in meme coins because they want to grow their wealth quickly. There is a big risk here too. If the investor invests without doing enough research before investing, he is more likely to lose.
14
« on: May 25, 2024, 07:54:35 PM »
Though the market has achieved new ATH, the real bull run in the market has not started yet. Market current stage at this moment, there is a possibility of bullishness at the same time there is also a possibility of a little dip from the position. However, despite having pressure of those who will invest without any hesitation they will successes. Like others I would say that those who buy and hold during this period will definitely be profitable. Moreover, those who do DCA especially those who plan to accumulate bitcoins, will definitely be able to see their holdings at a good level in future
15
« on: May 24, 2024, 06:43:16 PM »
Those who trade definitely get something good there. As there is risk here the possibility of loss is high. Those who are experienced can benefit from this. A day trader does not have to gain much momentum when the market is bullish because most of the coins increase in price at that time but day trading is very difficult for those who do day trading during bearish times. At that time loss is more likely than profit. I prefer holding than day trading . In case of holding there is no such problem. A holder can be relatively tension-free by holding only because he plans to hold it for a long time.
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