You can read that some hate it, others praise it, in fact, in some posts above, someone says that it is necessary and then says that it is not... 

I think he was fundamental at the time for Doge and thought he would be fundamental with bitcoin, what he did was take a slice of +$200M in profits.  And he left a "negative" message on the manipulation of the crypto market.

A lot of traders won't recommend trading if you're a newbie because the risk is so high. Maybe they can say that because they experienced it.

I see a lot of posts replies that discourage trading.

I just want to clarify that all profitable traders start from newbie and I believe that they also experience loses.

My only advice for newbie traders is back test your strategy very well and always follow your trading plan. Avoid the market if you can't see any setup that suit your criteria. Be a disciplined person because this is what you really need if you feel like your emotion is trying to control you.

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It is an absolute lie or myth, to believe that to start trading you need to be an expert, it is a coercive question, because experience begins with being a novice, right?

On the other...:idea:

• your trading plan
• disciplined person
• if you feel like your emotion is trying to control you.

These 3 things can be counterproductive if you do not know how to apply them well, it is not just knowing them, it is knowing how to apply them.

That it is a plan, it is really applied well, there is a plan or diversity of plans, it is the second thing, things will never go as you planned, if that were the case, we would not be here doubting that commerce is easy.

Discipline cannot be acquired at the exact moment in which you dedicate yourself to trading, that is a habit that has been going on for years, if you have never had it it will not appear just because you dedicate yourself to trading, so start practicing with things like For example, exercising, getting up early, writing to your loved ones every day, saving by not buying unnecessary things, etc. 

The other point, emotions, is like a car that you are accelerating at 200 km/h, you cannot stop it in a distance of 100 meters...

The point is, many want to get into trading because it is really easy, no one tells them no, but they are really prepared, then they fail at common things and say, trading is difficult, of course it is, but there are individuals who are primarily to blame.

En la lineal de lo que menciona Lucky en la realidad es así, en un sentido general perder dinero te da stress, malestar y gritas CDLM... o 

Por otra parte en la lineal del D P D, si bien es cierto, dicen, es mas un comentario de esos de Internet (mito) que los jugadores de poker afrontan mejor un "posible" éxito al comercio y en esa vía, una de las cosas que más me ha dejado el poker (psicología) es la documentación que he leído sobre Tilt, la varianza, downsing (+etc.) y unas ciertas etapas por las que se pasan, que destruyen a cualquier jugador, pues en el poker, aunque hagan todo bien, vas a perder y estas etapas pueden ser largas, pero salir de ellas es lo que te define como jugador.

Hay una frase que puede volver loco a cualquiera: "Perdí, pero hice el movimiento correcto"

En esa lineal, podemos decir que lo mismo sucede con el comercio, al que me dedique en cierto momento, para luego simplemente ser un comerciante de vacaciones, por disfrute.

Aunque, al igual que las apuestas me gusta de vez en cuando usar los bots y que ellos hagan el trabajo. 

Abría que sacar un capitulo completo para la psicología del comerciante usando los bot.

Finalmente, el punto de traer la idea del poker, es que no necesariamente tienes que buscar documentación asociada al comercio para la parte psicológica. Y bajo esa misma idea, por ejemplo, hay que leer sobre varianza, estadísticas, etc.

Quote from: DabsPoorVersion on January 14, 2024, 02:21:30 PM

If you are in his situation, are you going to risk your rent fee to have a chance of making more money?

No, I would never risk my rent money or the money that I need for my other daily needs in gambling because sometimes when our luck isn't good then we will lose all the money and don't get anything back.

I know that some people do take big risks but I don't really take big risks anyhow. I can reduce my expanses and play gambling with some money but I would never risk everything in hope to get huge money especially from gambling.

That is the idea and the way, at least obviously that you do it for entertainment and losing is an option that you know will happen more times.

So the bet size in crypto casinos is the best option, that you didn't do in Fiat casinos, where even the minimum bets can be $1.

...//::

I don't have the foggiest idea why it divides usage intentions into those two segments when both are included. I use crypto because they have allowed me to reduce international transfers (e.g.).

On the other hand, I do not know of any banking institution, at least in my country, that uses crypto for transfers.

And the last group that you disintegrate into the "fateful" idea of what they can do, there are the two cases mentioned above.

In any case, the adoption of bitcoin does not mean earning money, it does not mean making transfers, there are more things, people's knowing that cryptocurrencies exist will allow they to access a means of payment that will to access goods and services that perhaps you could not through traditional means, e.g.,  if you do not have a credit card.

Online gambling is also regulated, for example Spain, other, Stake recently opened a license in Colombia to be able to operate in that country.

In the case of poker, for example, there are several countries that can only play with their countrymen. In my case I can play with anyone where their country allows it, that is a benefit because it improves player traffic.

In the case of traditional casino games, that doesn't really matter, you just want to bet against the casino. 

Your questions are very leading, there is no times of answers that are exact, or that you get a timeline to think: "ah, that's the best."

You must define what type of player you want to be, even if you bet every day, it does not mean that you are a regular player, you can simply be recreational.

In the case of results, one cannot define the fact of being a loser or winner by a couple of bets or because one week you came out with a loss, I would recommend that you explore more what your intentions are as gambler.

In fact in the crypto world, fortunately!, you can make a million bets in a week and only spend a few dollars, equally only make two bets and lose your life savings.

In your context you mention "feeling bad" because the price goes down, it is something relative,in fact, we should always have our price with down projection,  on the contrary is always an opportunity to buy.

In the same way, no matter the price,  you have to buy, in the case  what to do , it is a mix of both, buy-sell, hodl.

I hope you update your OP, since there are fewer days. 

Ah!, "If you saw the price of Bitcoin drop significantly to 22,400 USD, how would you feel?": so, cool, I'll be buying.