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Messages - milewilda

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Cryptocurrency Trading / Re: Do not neglect fundamental analysis.

« on: May 19, 2024, 08:29:32 PM »

Quote from: ajiz138 on May 19, 2024, 04:15:54 PM

Quote from: emmybd on May 13, 2024, 10:39:41 AM
There is no doubt that fundamental analysis is important for trading. Those who have got good knowledge in fundamental analysis can do well in trading and most of them are professional traders. Therefore if one wants to be a professional traders then he has to learn fundamental analysis. But it takes time to learn and master fundamental analysis.
It's not just price movements that we have to look at and analyze, apart from that we also have to understand everything well, including fundamentals. We can't just focus on market movements because there are other things that can influence it all.

When there is good news, for example, it can make prices increase, and conversely, when there is bad news it will affect prices which will also decrease. We have to be active in looking at things like that, so that we can make good trades.

On the moment or time that you do get involved with trading or making out some investment on crypto then everything should really be needing up to learn on which it wont really be just that limited to fundamentals but also with technicals and other aspects on which it would be one of the factors that could really affect out overall movement. We do know that this market could move its price without basing anything or simply being random on which simply means that you would really be that needing to be that good when it comes on making some positions
because making up decisions without any basis is really just that surely to be called as gambling.

Cryptocurrency discussions / Re: Can a referral program enlighten newbies

« on: May 19, 2024, 07:46:32 PM »

Quote from: Cointalksmilez on May 17, 2024, 11:42:41 PM

Congratulations to the many people who claimed Notcoin! Most of them were newbies to the crypto space, and that was a huge win. It really onboarded a lot of people to the crypto space, and I'm not surprised the project was a success. This got me thinking - these newbies who just got onboarded will need ways to get enlightened and learn more about the ecosystem. That's why I recommend a referral program. I just found out about it and suggested it to my junior brother, who just got onboarded. Since the referral entails joining a community, I feel like the program will help him gain more insight into web3 while inviting his friends to join in too. What do you think, guys? Do you have a better suggestion? Please mention it in the comments section below!

When it comes to airdrops then it would really be something that would really be a hit or miss on which it turned out into those newbies who had been able to engaged with Notcoin did really end up on getting some good amount of free money on just simply tapping. Considering on how many months that they've been tapping then it didnt come to waste.
Yes, this could really be give out that kind of impression that it would really be still that possible on making free money on doing some tasks but of course not every project would be ending up on the same fate on which there would really be those who would really be that ending up on being rugged pull project or doesnt pay at all.

Cryptocurrency Trading / Re: Simple practices to improve trading.

« on: May 19, 2024, 06:37:03 PM »

Quote from: pacar_tiri on May 11, 2024, 09:28:45 PM

Quote from: milewilda on May 06, 2024, 08:03:28 PM
Quote from: enwi on May 06, 2024, 06:46:03 PM
Quote from: rizqillah on May 04, 2024, 11:00:01 PM
Quote from: taufik123 on May 04, 2024, 10:46:14 PM
Quote from: bayu7adi on May 04, 2024, 08:15:28 PM
I agree more with those of you who suggest trading directly without having to try first. In fact, if your budget for trading is very small, you can use a small amount of funds first and think of it as a cost of learning to understand the world of trading. whatever the outcome, you will still learn valuable lessons from every decision you make, therefore you will grow and develop when you are ready to develop and grow.
Trading directly using limited funds and it will be an experience that will make one learn how to trade well.
But after all the theory is also necessary even if it is only basic, because without theory trading will not find its point of achievement.

When some theory is applied and trading directly is done then this will provide good knowledge and experience.
I also do that and try to understand theories or techniques of analysis and fundamentals and hone my psychology.
Learning trading is a good thing when investing in the crypto world. I also tried to learn some trading analysis and practice controlling emotions when trading, but experienced several failures because sometimes greed makes us unable to make rational decisions..
Patience is indeed a very important key when you trade, make sure you have plenty of time to see the condition of coin price movements in the market, you must have plenty of time to monitor coin price movements in the market so you don't make the wrong decision.
Patience is indeed needed or something crucial because dealing up with unpredictable prices is something that cant really be easily be done up by someone. You would really be needing up that kind of good emotion handling specially your patience and this isnt something that will really be that a walk in the park even if it sounds too pretty basic.

But of course too much patience could really be having that disadvantage too on which you could potentially missed out on selling on the peak and ending up on holding even further longer
and its not something that we dont really like to experience on. So better be wise on making up those selling points.
If we cannot control the patience we have then of course it will make us suffer losses and lose a lot of money, therefore we must be able to control our emotions well and never be influenced by the market situation which is currently unstable.

Easy to say but would really be that so damn hard for you to do such thing or specially on the moment that you are already that on such situation on which it would really be that too hard for you to have such control. We do know that when it comes to the situation on where you would really be that trying out to have that moderation with your emotion but since we are losing money with our trades then we would really be having that normal reaction on which we do become that impulsive. Trading with volatile market will really be giving out that kind of such emotion
on which it would really be that so damn hard to control. Experience would be your main edge compared with other traders as well.

Cryptocurrency discussions / Re: This bull market will likely be the last one, don't you fail!

« on: May 19, 2024, 05:58:38 PM »

Quote from: MUGNIA on May 19, 2024, 05:13:13 PM

Quote from: doc on May 19, 2024, 12:42:47 PM

In my opinion, right now it's best to trade or buy for short terms because market conditions have improved and there is a possibility that another correction will occur. As you predicted, the bullish possibility will occur later this year. And the price of bitcoin has started to rise, altcoins are also rising, be careful if you want to buy

market dynamics are very complicated at the moment, declines are sometimes without cause, even when looking for nothing, the market can go down, correction after correction makes investors panic, especially those who are just below average middle class traders, the fear of losing is always looming at this time, always be careful and Be careful if you want to enter the market at this time

The market is already like this from the start on which there's no way that you could really be able to predict on what would happen on which there's no way that you could really be able to know
on where it would really be moving whether up or down. It would really be just that depending on how someone will really be that trying out to handle themselves whether they would be selling or buying on their current position. Last bull run? There's no such thing about being last. The only thing that differs now that on the current market or years on which institutional funds are flowing on crypto space now on which it cant really be that shocking that there might be some odd movements on which it is really that unlike before.

Gambling & Crypto Casinos / Re: How is the online casino scene these days? Is it profitable?

« on: May 19, 2024, 09:39:02 AM »

Quote from: Sim_card on May 07, 2024, 04:48:48 PM

Quote from: milewilda on May 04, 2024, 07:52:33 PM
Quote from: Primo1760 on April 25, 2024, 07:37:56 PM
Quote from: luckyledger on March 29, 2024, 03:14:05 AM
Quote from: Mr. Allcrypto on March 25, 2024, 04:06:48 AM
Gambling as a whole is based on luck, and for the gamblers, I think you win only when your luck shines, doe some casinos has been modernized and they've added some new features to it l, but it still won't change the fact that gambling is based on luck.
Gambling is only profitable to the government, because of the taxes they collect.

Holly truth! For most, it’s entertainment, for the lucky few, a profit, and for governments, a source of tax revenue. The key for players is to enjoy the fun responsibly.
Yes gambling is only for entertainment, gambling should never be seen as a way to make money. If a gambler considers gambling as a means of earning money, he will suffer more and become addicted. Gambling should always be taken responsibly and never taken lightly. But some people are lucky enough to hit the jackpot and change their lives, but the number is very small. But yes it's true that the government gets a lot of money from your bets and taxes on companies. You should use a fixed budget of income for gambling and participate in gambling just for fun so you will be fine.
It is really just that for fun but the wrong thing for most people is that they do really do it for the sake of money and this is why they do mess up their lives because of that kind of mindset.
Its really that too bad for you to think about being profitable because you would be finding yourself that being too desperate and this is where you should really be having that kind of realization that you shouldnt really be doing this. Gamble for fun and not for money but in speaking about on other side about being profitable then those casinos are the ones who do make money.
If you are lucky enough then you could make money but of course its not something that you should be confident on achieving into.
Of course, when you think that gambling is profitable and you dive into gambling to make a fortune, you will end up the other way which is in a great loss, and you will be lucky if you are not addicted. This is why in whatever that we are going through, we should not see gamble as something we can use to console ourselves or to pass time, because it can lead to addiction. Only gamble for fun, and enjoy the game without thinking of profit, but just fun.

Easy to say but it would really be that something so damn hard to be done on the moment or time that you do step your foot into gambling then those initial plans that you do have would really be ending up on being that broken or would be forgotten. On the moment that you would be losing money then the primary thing that comes up into your mind is on how you would really be
able to get those loses back.On the moment that you would be chasing up your loses then you would definitely be ending up on having that kind of problem
and this is the main reason on why gambling businesses are profitable.

Cryptocurrency Price Speculations / Re: Why is Ethereum price action still influenced by BTC even after decoupling?

« on: May 19, 2024, 07:58:23 AM »

Quote from: Maxcryptic on May 18, 2024, 08:44:54 AM

My thought after decoupling was that ETH will fly solo impacted by it's utility and the general market sentiment largely influence by BTC.
The was expected to be a game changer but i think we seeing the opposite or perhaps there some info i am mising?

No one beats the king
No one beats the original or first crypto.

It would be always sitting on 2nd spot but we do know that there's no one could be able to know on whats on the future on which means
that there would be some possible flipping or overtaking but of course there's no way that Bitcoin would be easily be overtaken.Although its not assured
but we do know that it is unlikely to happen. As for market setter then Bitcoin would be always the one will be dictating on what the trend would be.

Cryptocurrency Trading / Re: Trading is not same thing as Gambling

« on: May 19, 2024, 06:33:21 AM »

Quote from: UNIVERSE on May 18, 2024, 11:59:08 PM

Quote from: DAMKAR on May 18, 2024, 09:55:52 PM
Maybe gambling lovers will prefer gambling to trading. This is natural, because the decision depends on our abilities and preferences. Gambling prioritizes luck and opportunity. You are right. While trading requires experience and expertise, it takes time to become a great trader.
Gamblers probably choose gambling if they want to try luck and get fun. But if they are serious to earn money, I think they must choose trading. Even the gamblers, they must know gambling games have no guarantee to success. It will be always difficult to win the prizes. Meanwhile in trading, it will be easier to get the profits if we have good knowledge and skills. That's why we must learn seriously before we do trading.

Gambling is for leisure
Trading is for income/profit making

With these two then you could already tell on whats their main difference on which of course when it comes to risk level then this is something that you would really be
able to differentiate and of course you would really be needing up to make yourself that determine on how you should really be gonna dealing with it.
It would really be that impossible that you cant really be able to make yoursel see those differences and on how you would be needing to act according into it.

Cryptocurrency discussions / Re: What's the best NFT utility you've ever seen?

« on: May 19, 2024, 05:47:26 AM »

Quote from: TomPluz on May 19, 2024, 05:02:51 AM

Quote from: Joseph Lee on May 17, 2024, 02:31:55 PM
Curious to know which ones you've found most interesting since you started dealing with NFTs.

I am not actually a big fan of NFT as I find less value with them and I think the market is agreeing with me as NFT sales is down these past few months even if Bitcoin and other coins experienced some good run...in fact it is memecoins that got benefitted with the bull run before the halving. And it can be because most of the NFTs lack utility cases...and unlike real art like paintings that you can display for others to stare and appreciate, NFTs is another category. I am looking though for innovations on this front so that it would also be making big and skyrocketing showing in the coming months. I heard that NFT can very much be used for land titling or an authenticated certificate identifying the owner and can even make sale of the same a lot easier since it would be recorded in the blockchain and can be viewed by anyone...protecting the owner's rights and safeguarding from anyone attempting to tamper with its authenticity. I think this is one area NFT can be made more useful.

Same here, all i can see that they are really just that pretending or trying out to integrate some utility of some NFT but in the end it is really just that a gateway for someone to make money
but of course as we do all know that when it comes to any investment then its value would really be going down and it would really be just that be depending on a certain condition
because not all would really be that going upwards on which we know that everything would really be that depending on the demand and of course with the hype.

Gambling & Crypto Casinos / Re: Government Lotteries are a Scam!

« on: May 18, 2024, 10:21:33 PM »

Quote from: Unbunplease on May 18, 2024, 08:16:36 PM

Quite frankly, almost all lotteries are scams. The winners of “lotteries” most often become cronies of the organizers. After all, there is no problem in seizing winning tickets and putting on sale tickets that cannot win anything.

Even here in our country on which there are tons of issues about being rigged or having those winners are just part of the organization but still there are tons of people who are really that betting with loteries on which they are still really that loving that it could really be making them rich in the end. This is why they would really be thriving on betting and since its not really that
much expensive with those lottery tickets then it wont really be something that could hurt even if they would really be playing on everyday but its true that when it comes to trust and
transparency then this is something that will bring doubt.

Cryptocurrency Trading / Re: Saving... Investing... Speculating... Gambling? (Poll)

« on: May 18, 2024, 09:58:53 PM »

Quote from: dekafee79 on May 18, 2024, 09:21:09 PM

Quote from: Rubel007 on May 17, 2024, 02:01:02 PM
Quote from: DAMKAR on May 11, 2024, 02:45:50 PM
Quote from: bayu7adi on May 11, 2024, 09:18:27 AM
Quote from: dekafee79 on May 11, 2024, 05:39:14 AM
but actually at this time we don't really need that feature because when the price goes down we just hold onto our coins and the price will go up again.
It depends on the strategy applied for a person's trading or investment. Because if you think about it, the stock exchange would not include useless features, therefore the stop loss and stop limit features are often used by traders, especially daily traders who monitor prices every day.

Currently the price of Bitcoin is experiencing a correction again, there are still many reasons to hodl, and I'm sure some people have set their stop loss at a certain level according to the loss tolerance they can bear.
As a trader, I prefer to use the stop loss feature for my altcoins. This minimizes the losses that I will experience, because market conditions are still undergoing correction, so we have to be careful in this matter.
The market has been doing the stable attitude for a long time. It's trying to settle between $62-$64k but it just can't settle. I think it will correct again in 50k. Almost everyone who is an alt holder has set a stop loss limit. If there is any major change in the market then they will be safe there. Different strategies work for each trader. However, I am taking utmost caution in investing in altcoins at this time because there is a possibility of correction.
Each investor has their own strategy. some use stop loss, that's also good. I prefer to hold it because I believe the market will improve again, because now we will finally see a market correction. If there is a bearish situation, it will only last forever and the market will reverse again.

Once you do step your foot into this market then it would really be just that normal that you would really be needing up to make yourself that realize that you are really that riding on a roller coaster ride. So that you wont really be that making yourself that freaking out on the moment that you would be seeing the market making out some random movements or something that you arent that expecting. Each of us would really be having their own ways or methods on how to handle ourselves. Someones experience would be the ones will really be reflecting out on the actions
that they would really be making.

Cryptocurrency discussions / Re: How can I choose which cryptocurrency to invest in?

« on: May 18, 2024, 09:31:08 PM »

Quote from: dekafee79 on May 18, 2024, 08:37:14 PM

Quote from: Jamal Aezaz on May 17, 2024, 08:07:36 PM
Quote from: legend45 on May 15, 2024, 08:33:09 AM
If you want to get big profits, choose new coins, but we both know that with new coins the risk is bigger. But if you want to be safe, choose the top rank coins in CMC, because they have been proven to last until now. There are lots of scams, be careful.

Everyone wants to have big profit but no one wants to put their money in new projects due to higher risk therefore one should keep check the market price and when market goes down then make Investment in some top coins although it goes higher slowly but it possesses little or no risk in contrast with the new one.

Scam projects are many and still originating because the creators know well that people will greedily choose new coins for more profit and they will snatch their whole money without giving them a penny in return so during bull season there are more chances of scam projects therefore be conscious about your decision.
The risk of new coins is very big, and for those who have experience there they can invest in new coins even though they are prone to fraud. I myself agree with you, investing in coins with little risk, namely the top coins. This is safer

But we do know that there are really people who do really love on engaing with new coins because they do know that they could make big money out of it if they had been able to choose up the right coin on which we know that this is something that will some people would be loving. Who doesnt really like on getting rich? This is one of the main reasons on why people
or investor or traders would really be loving to deal up with those shit coins or meme coins in the market because of that very common reason.
So it would really be a matter of choice on how you would really be able to deal up with things.

Gambling discussion / Re: Do You Think Responsible Gambling Should Be Taught In School?

« on: May 18, 2024, 08:56:10 PM »

Quote from: Igebotz on May 18, 2024, 08:31:59 PM

Quote from: robelneo on May 10, 2024, 11:25:13 AM
In a country where gambling is legal, and there are no regulations about age restrictions

Not true, there are age restrictions regardless of the fact that gambling is legal in some jurisdiction. This not withstanding it will not be proper to expose students to gambling. Gambling is something personal and so it doesn't affect every student since not all students are involved in gambling. Bringing gambling discussion in schools will only amount to flooding the school curriculum with unnecessary things.

I would say the same thing, instead on making students would really be able to avoid gambling then it would rather be creating that kind of impression on which it might really be leading up
on engagement just because they have gotten curious on what the school is been teaching. So it would be better to leave it that way and also when it comes to awareness towards things on which it isnt really just that limited to gamblign will already be a job for those parents or simply with their guardians.

Cryptocurrency Trading / Re: This is How Risky it is to trade futures - over $1, 148, 000 Lost in one night

« on: May 18, 2024, 07:38:47 PM »

Quote from: LogitechMouse on May 18, 2024, 04:32:52 AM

Quote from: akeemqaz on April 23, 2024, 01:52:39 AM
Many people dont know how risky futures trading is. Whenever I trade, I believe I'm trading to lose. So when I see profit, I take it. Same as buying altcoins which I use a feature on Bitget call smart portfolio to automatically take profit from them.
I just hope that I have this kind of mindset when I'm still trading.
I also tried to trade in futures, but like most of the traders, I also failed and lost money on it.

Futures trading requires lots of knowledge, lots of balls, lots of capital to start, and of course, lots of skill in decision-making. It's good that most of the exchanges right now have a stop-loss/take profit option already so that you can set your stop loss or take profit. For me, that makes the trader at least a bit safer in their trades.

You would really be needing that balls of stell
You would really be needing that kind of numb emotions
You would really be needing that experience that you have got on spot

Trading in futures is really that too damn hard. Dealing up with higher leverage is really that considered gambling even if you do apply
that analysis but still it is really just that too fast on blowing up your trading account.

Cryptocurrency Price Speculations / Re: Bitcoin post-halving price consolidation could last 2 months

« on: May 18, 2024, 07:25:28 PM »

Quote from: vegasus on May 12, 2024, 10:44:53 PM

Quote from: milewilda on May 12, 2024, 08:50:36 PM
Bitcoin would always be the main trend setter or the ones who would really be that be based up on how the market condition should really be started on.
Indeed, Bitcoin will always be the trend setter of altcoins. Although probably there are several altcoins that are not following the Bitcoin market condition, the percentage is very small. and they are probably part of coins that are being hype. OS, this will be quite different developing and progressing. But for other altcoin type, most of them are following Bitcoin.

Quote from: milewilda on May 12, 2024, 08:50:36 PM
when we would really be still might be experiencing some deep corrections on upcoming months or making some sideways movement for couple of months until on Q4
Indeed, usually the Bitcoin price will still be very fluctuating and will still decline quite significantly and will not be able to make significant progress to rise again a few months after the halving. However, I still really hope that BTC prices can start to rise again quite significantly in Q4 this year. Because the bullish era or Bitcoin ATH occurred before the halving. Is it possible that the bull run peak process will also be faster in the future compared to the usual cycle?

Im not really that making myself to be fixated when it comes to those previous cycles that it could definitely happen in the future or on the present. Everything could change in a snap.
If it was really be that the same then all of people would really be that assuming that it would be the same on what would happen in the future and this is something which cant be possible.
Why? there would really be tons of factors that could affect the price movement or simply could be able to influence on which if we do tend to look at now where ETF is the main thing
then it would really be making things even more unpredictable.

Cryptocurrency Trading / Re: Hold and trade which is best for you?

« on: May 18, 2024, 01:52:10 PM »

Quote from: Dr.Bitcoin_Strange on May 18, 2024, 09:38:44 AM

Quote from: alltalk on May 17, 2024, 11:34:19 PM
Quote from: doc on May 17, 2024, 05:16:54 PM
Yes, I think they just dream that the price of bitcoin will fall to $20K, in fact according to my predictions it will be difficult for the price of bitcoin to fall below $50K, because miners will lose money if the price of bitcoin is below $50k during the halving, because their reward is cut in half. and whales will not let the price of bitcoin fall below $50K
If people expect Bitcoin price drops to $20k in the near future, it is surely impossible. There is no way that Bitcoin price will drop again at that price. The current price is almost $70k again, it raises to $67k today. Instead of dropping to $20k, the price looks like to be pumped again above $70k. We know that Bitcoin can freefall again, it is possible to drop below $50k again. But it should be in the next bearish season, it won't happen in the current bullish season.
We are really not experiencing a DIP in the market, so it's quite impossible for bitcoin to go as low as $20k, the market is just undergoing a recuperation and a correction, that's why the market is looking bearish, but some people are actually mistaking it to be a DIP which isn't true.
After the recuperation period, we are sure that bitcoin will experience another Bull run and break through its current ATH and establishing a new ATH.

Cant really be still that ocnfident on this case on which we know that when it comes to probabilities and possibilities then it would really be that something that could really happen in the market.
We might not be seeing some huge drop for this cycle but come to think that we are still not that too farm after that halving event. Basing up on previous cycles then we arent still there yet
if we are really that trying to look into those previous conditions or situations then i do say that it is really that still too early for us to tell that there wont really be some huge drops
after wards or in upcoming months to come.