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Messages - Rubel007

Pages: [1] 2 3 ... 69
1
While trading, one can actually have some mixed feelings, especially when the trader is facing lose in their trade or when the market is moving against the trader at the very moment they just entered the position thinking that it was the best opportunity to buy long or sell short. Trading is for everyone but it's not for the weak.

For example, I entered a "Long" Position earlier day before yesterday for TON/USDT pair but the market keeps going short till this morning, I just decided to call back the trade and entered a short position which within an interval of 3 hours, was able to recover my lose. The day I took the long position which immediately started going against me, I felt bad like I was not patient before entering the trade. The truth of trading is that we can not be right all the time.
It is true that a trader may have mixed feelings after taking a new trade. If that trade goes particularly negative. Many traders are emotionally strong before trading, but if there is a temporary fall, many cannot hold their emotions. Trading is not just about buying or selling. A trader must acquire a good understanding of several things. Not only you but I myself have taken some trades that after a while I get quite anxious when the price fluctuates a lot. But I was able to move away from that idea. I try to do a lot of research before taking on a new trade.

2
Gambling discussion / Re: Whats your experience with gambling?
« on: April 27, 2024, 07:44:55 PM »
Everyone who is a gambler has experienced various aspects of gambling in their gambling life. A common experience there is loss. No gambler can be found who has gambled but not lost big. But there are gamblers who have big wins despite big losses. Here not only does a gambler have money but he has to have enough power to control himself. If you can take a break from gambling if you need to or stay away from addiction, then gambling certainly won't have any major negative effects. I don't have any big gambling wins but the number of losses is very high. But I still love gambling. Because it can give me pleasure.

3
Cryptocurrency Trading / Re: Fear or greed
« on: April 27, 2024, 07:17:06 PM »
Hopefully this falls under trading.
I'm gonna make it short
There are two emotions i believe dictates trade and leads to either gains or losses. Fear and greed.
They are like every investors companion.
Which do you think is more dangerous?
Profit and loss is a common thing in trading business it is very natural that there will be profit as well as loss. But I am particularly concerned about fear and greed, and I will talk about greed because I think it is one of the most dangerous things in the trading world. However, if a trader can control his greed then he will be able to progress in trading. As far as I know a trader is the one who suffers the most due to greed.

4
Cryptocurrency Trading / Re: HODLing Altcoins
« on: April 27, 2024, 07:03:13 PM »
Now Altcoin holding is better i think. Bitcoin price is now very high. From here Bitcoin price increase 100%,or 200% is impossible within short time i think. But Altcoin is better for hige profit i think.

So i think it will good hold altcoin. I believe if anyone buy Altcoin and hold it he will be huge profitable for him.So holding Altcoin is better there has no doubt.
If that is the goal for the medium term I agree that currently holding altcoins is more likely to get bigger gains in a short time. We just need to see and analyze which altcoin is the best for us to hold in this bullish market. And we should not make the mistake of holding altcoins that do not have strong fundamentals.
Sometimes investing in altcoins can provide large profits. But there is no way to know which altcoins will make a good impact in a bullish market. Moreover, new coins come into the market during every bullish market and investors can invest there and become profitable. However, currently the number of coins is very high where even fundamentally strong projects often fail to attract the attention of buyers in the market. Hence an investor must exercise utmost caution. I would always recommend investing in top level altcoins. Who can survive even in a bearish market.

5
Cryptocurrency Trading / Re: Hold and trade which is best for you?
« on: April 27, 2024, 06:28:06 PM »
If you hold established coins, then there is a good chance of gaining decent profit in the long run. It would be better to avoid shit coins.

Trading is also beneficial, if you are a experienced trader.
Unfortunately, in my opinion, there is no good coin other than Bitcoin. Bitcoin has very good characteristics, with very high demand and limited supply, which makes me confident that Bitcoin can be stored for quite a long time.
Trading and holding are two different things. One is instant buying and selling and the other is holding. There are also some pros and cons to trading in the crypto space. But among all these advantages and disadvantages the most important to me is that if a trader can trade well then he can earn some cash but there is more risk involved. Due to a small mistake, you have to face a big loss. But a holder has no such problem. If he can hold for a long time then he will definitely be able to earn profit. Those who hold Bitcoin for a long time they will not loss.

6
Cryptocurrency Trading / Re: Do professional traders lose money?
« on: April 27, 2024, 05:46:22 PM »
Before becoming professional traders, they were also amateur traders too. And in cryptocurrency trading, even if they are professional traders, they will definitely experience losing money here. 
Predicting coin prices is not easy, even if it is done by professional traders. 
it could be that they are more expert than us, but it is impossible for their predictions to always be correct.

That's right, just because someone is an expert in something doesn't mean they will always be right about everything related to that, so even if someone has a lot of expertise about the cryptocurrency market, their predictions wouldn't always be correct because the market is unpredictable, and many times, it moves in directions that weren't expected by anyone in the market.

The recent dip in Bitcoin's price is a big example of this. A lot of people got liquidated in the dip because they had longed Bitcoin and many other cryptocurrencies but it fell down and they all lost money, one trader even lost $1.1m during this.
Trading platform is a speculative platform where everything is considered speculative. In the cryptocurrency space bitcoin is one of the currencies where one can buy or sell it only depending on assumption. But an experienced person's estimate and a novice's estimate will not be the same. Even if an experienced trader does not give assurance, he can certainly make reliable guesses in the light of his experience, which is difficult for new trader. But being an experienced trader does not mean that he will make certain profit from the trading platform. Many experienced traders also lose their assets.

7
Cryptocurrency Trading / Re: Simple practices to improve trading.
« on: April 27, 2024, 07:32:33 AM »
Since trading is directly related to money, it certainly carries great risks. So a newbie must take training before starting trading. There are many traders who are not willing to do demo trading. They are also willing to lose to learn. Because they do not consider the money used for learning as loss. Currently for learning and as a newbie who wants to earn he can earn there by copy trading though there is no guarantee that he will profit there. If the trader follows a successful or experienced trader then he can learn trading very quickly.

8
Cryptocurrency discussions / Re: What Altcoins Do you have?
« on: April 26, 2024, 01:56:36 PM »
Altcoins that are part of my wallet are AIRT, USDT and BNB. All three have great growth potential, I will profit the most from the first listed through the stake method. I am still looking for other coins, whether they are old or new, the quality of its development is important to me as an investor.
Investing in new coins for quick profits has high returns but also high risk. It can lose value anytime after a major decline. However, not all coins behave the same. There are many coins that are capable of giving great rewards to an investor. But I trust some old coins. Because I know that the fundamental aspects of those coins are strong enough. I trust ether and bnb and sol. Because I know that in any situation these coins will always survive in the market.

9
When you see it in the whitepaper or road map, you think it's fine and you see that there are many communities and active in social media platforms or groups like discord, telegram and others, then you decide if it's fine for you. this apart from being listed among the top cryptos in the market.
No guarantee the projects are good although the roadmap and whitepaper look convincing. I've experienced many projects that have great whitepaper and clear roadmap, but they also end up with a failure. Most of the projects have the problem on the consistency in developing the projects. The projects are only good in the whitepaper, but in reality the projects are never implemented the same as in the description in the whitepaper. So, be careful and do more complex research! Don't too easy to believe in the whitepaper.

Yes, you may have a point in what you are saying because there are other whitepapers that are just copied from others, and then they will revise it a little so that it does not become plagiarism in the community.

But even if that's what others do, it's still traceable that it's just copied. Apart from that, of course, maybe there aren't enough whitepapers or roadmaps; of course, tokenomics needs to be known first, and so on.
A good white paper is not hard to get by spending a few dollars. If a good white paper is copied and pasted into a new project, that project will almost certainly be a scam. Those who want to start this kind of work by copying have a bad motive. An investor must know the project very well before investing. What are they working on besides the white paper? What are their products, do they have any audit certificate or not? If you get a positive idea about their road map etc. then you should invest in those cryptocurrencies.

10
Meme Coins / Re: Avoiding Fake Memecoins Is Becoming More Difficult
« on: April 24, 2024, 03:34:04 PM »
There are some investors who do not invest in those popular coins but to get more profit keep the investment in some scam projects. While some get something good from that project, most investors lose their money only after the hype ends. Those who do not invest in Doge, Shib or Pepe coins, but investing in another new meme coin to multiplies the assets, they may later regretted by their investment. I like meme coins, but I am interested in investing in all the coins listed on the binance exchange. Because I know that some other projects can lose their existence in the market, but there is there is no possibility of lose their existence because of the big volumes.

11
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: April 24, 2024, 01:40:05 PM »
One of the reasons why cryptocurrencies have gained so much popularity that is freedom. A cryptocurrency user especially bitcoin user can keep himself completely anonymous. He is not accountable to anyone for his financial resources. There is no chance even to seize political power or exert financial pressure on anyone. In the traditional system, the more money a man owns, the more enemies he has. But crypto is the only way to live a safe life while keeping your wealth to yourself. Although there is a noble intention behind this innovation, some people use it to cheat and for this governments don't like to remain anonymous.

12
Cryptocurrency discussions / Re: Do you still believe in old coins?
« on: April 24, 2024, 01:17:56 PM »

I still spend most of my assets on quality old projects like Ethereum, EOS, IOTA, NEO, TRON. I still assume they have x100 potential in this bullrun.

Do you own old coins? Do you still believe in their future?
I have leave my EOS and IOTA holdings but yeah Ethereum and Neo that I still kept holding till now but also Bitcoin is my priority above all those coins , and indeed that old coins is still profitable but as long as we are investing in strong old coins and not those who have been known as shitcoins.

I believe on new coins due to change of buyers thinking and trend change. In past traders was loving to trade low risk coins having potential in long term and now traders love to take risk and new coins are generally more volatile than old coins. Secondly If we see the growth and new update of projects then it is clear that new project have strong community and regular updates. I love only Ethereum and Tron old coins which is backbone of altcoins. Our main goal is to make profit regardless of which coin we are investing.
I have investments both new and old. According to my knowledge an investor should not only invest in old coins or only new coins but any new or old can be profitable for the investor. New coins have more hype due to which investors can get quick profits. But not all new coins can generate the hype. It is possible to get profit by investing in some new projects that have strong fundamentals. On the other hand, there are some older coins that lead the entire crypto market. Especially Ether BNB and Tron which are known as profitable platforms for investors. However,  in new coins investors generally get quick profits but in old coins they have to wait a long time after investing.

13
Gujarat Titans Vs Punjab kings

Punjab Kings team batted first and collected 142 runs losing 10 wickets. Although the Punjab Kings team lost ten wickets, the target of 142 runs for the Gujarat Titans team seems small. Because Gujarat Titans have performed very well from the start, as the game of cricket is a game of uncertainty, it is difficult to say exactly which team will win at the last moment. So we must wait till the end to win.
Today's two games between Kolkata Knight Riders and Royal Challengers Bengaluru have been a good rivalry. There scores were also quite high. But the next game didn't get as much attention. Fall of wickets and low scores did not attract any attention to the match. Punjab Kings set a target of 142 runs which was an easy equation for Gujarat Titans but they lost 7 wickets in the end. If the total match score been 170 on this pitch, the match would have been very competitive.

14
Gambling discussion / Re: The Madness of Gambling Addicts.
« on: April 21, 2024, 08:42:01 PM »
It is good to quit gambling if you cannot control your gamble addiction to avoid you doing incredible and crazy things just to chase your losses due to addiction. This is among one of the worst story that I have come across due to addiction. Gamble responsible, and if you don't have money to gamble leave it for another day. Only gamble with little amount of money to avoid doing crazy things.
Unfortunately, stopping gambling is not very easy to do, the addictive nature that is embedded in the brain will make us continue gambling, no matter how small it is, we will still try to place bets.
Yes, if the gambler cannot predict his betting attitude by himself then he can never stop gambling. I have even seen people who gamble behave differently when they don't bet. Until a gambler realizes himself, he will never be able to quit gambling and he will never be freed from its addiction. A gambler can be freed from such condition only if his intelligence and brain work properly. Gambling is not a source of income. This is how a gambler's addiction begins.

15
Gambling discussion / Re: should gambling be completely banned?
« on: April 21, 2024, 08:34:17 PM »
Gambling is risky for all. Some times it makes a man addicted. So i think gambling should be banned but it never will happen. So my advice it should be control, Student or children shouldn’t involve in gambling.

If we able to control and we can keep the children away fron gambling then it could be continue. Otherwise it will creat risk for our new generation.
Gambling is the oldest game so it can't be banned if some countries still legalize it, unless you ban it for yourself then it doesn't matter especially casinos now are for business they are growing.

Online casinos are now difficult to stop and easy to access so for children who are minors will easily access it anywhere, almost all children must have a mobile.

Back again to the role of parents, then here must be able to teach and stay away from casinos, if they do not have control then the easy generation will easily enter the casino.
Yes i am agree with you. Acctually gambling Full banned is impossible right now. Because now gambling huge popular worldwide. 

And online gambling control is not possible, huge people involved and still involving in gambling. If any country banned gambling no problem people playing it through online using VPN. So it is true that now fully banned gambling is not possible i think.
Even after governments block gambling sites, they are not able to prevent the sites from being used. Moreover, if the user wishes, he can use VPN for gambling on those sites. Moreover, Gambling is now not just any ordinary gambling platform. It is now recognized as an art. Those who have legalized are getting huge amount of revenue through gambling. No one has any power to ban it.

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