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When then can we say that gambling is a stress reliever and not yet causing stress, the very thing we wanted to minimize in the first place?Gambling is a stress reliever if you do everything right. Which includes using the money you can afford to lose to gamble, having a gambling budget and stick into it, sticking to games that you have knowledge about, not chasing losses and so many. When you do this you are not under any stress to recover or double your money. On the other hand gambling becomes a stress induced when you Gamble with the mindset that it is a way to make money, or that it is a get rich quick method, and other things that leads to failure in other human endeavors. I think when it relieves stress, it is call Eustress and when it induced stress, it is call distress.
Don't rush into making a decision to buy a new coin that hasn't been released on the market if you are still a beginner, because it could be dangerous if you don't understand it.You are right. There is a saying that goes, make haste slowly. As a newbie, he should be able to conduct a thorough research. If I were him, the first place to begin is the project's whitepaper and the team involved and their level of experience. Despite the research, the newbie has to know the level of risk that they can carry in buying the coins because you cannot be sure how if the project will succeed or fail.
But if you can analyze a new crypto project then it doesn't matter if you do that, in fact it's a good opportunity if you can buy coins before they enter the market or what we usually know as presale/pre-market.
This is my first time to encounter the "pig butchering" term for a scam involving fooling people to just send someone money and then run away with it. Well, the strategy is not something new but maybe the use of USDT in laundering the money can be a new twist. Now, these two sweet talking guys are now facing the full force brunt of the law for the things they did and I am wishing that all their victims will get the justice they all deserve.Funny how I just saved my 85year old father from a pig scammer about three months ago. Thankfully, he had me going through his phone to help him out with some settings, and I just happened to see all these text messages that were just like this. It really was scary, they get very personal. My father would have fallen for this scam and it would have been easy for him to go into his retirement fund and send everything to them. He was just the perfect target.
3. It can be both passive and moderate income for you.I agree that the crypto market can serve one of the multiple streams of income which a person can have. And aside holding crypto, crypto lending and affiliate programs some of the ways one can earn income in the crypto market. For starters, in crypto lending, you lend crypto assets to borrowers. How you earn is from the interest fees which is part of the lending contract. However, it is not for the average Joe as you need to have some technical expertise to be able to effectively manage the levels of risk involved in it. I think affiliate programs are the simplest and almost totally risk free. Usually, when you sign up on an exchange, you will be given a referral link. With this link, you can bring in new users like friends, family, and follower on your social media and in return you earn some rewards. The risk is low but you have to put in a lot of work to earn the passive income over time.
So some people are looking for cryptomarkets as a stable source of income. It can be, but it can't be. You must have the outside resource to support your trade. Because the chance of losing is also high.
What about Pre-market? I know Kucoin do offer this and it has never gone wrong in anyway. Where traders got to trade a new coin with each other before it gets listed.Anyone who is just learning to trade shouldn't attempt Pre-market trading on any crypto exchange. It is very risky due to factors like lack of liquidity and unpredictable price movements. I see it like a sword with two edges. That is, for a beginner trader it is a risky endeavor that can liquate them in a heartbeat while for the expert trader, pre-market trading is another opportunity for profit making requiring caution and careful risk management one of which is using smaller position sizes.
What are your thoughts on this?I shook my head in shame as I muttered the word crypto gamblers while I read through Crypto Nerd tweets knowing that he wasn't the only one crypto bro who would have lost money that day but he was just the bravest of them all to actually acknowledge his loss in the public space. And it is a reminder to the other traders who hold meme coins that this type of fate awaits them if they become careless too by over-leveraging.
Alot of lessons to learn from this incident, imagine he had rushed to kill himself, and Binance later returned this money? 🤦🤦🤦
Hodling is a risk free and profitable business where people get high returns.If I were holding bitcoin which I am, I would do it long term because I want to believe that I am a bitcoin maximalist. But you see those altcoins which are in my portfolio, I hold them with lose hands. In those words my risk appetite is very low for altcoins as they are more volatile than bitcoin. We know the pump and dump mentality with them.
Coinbase exchange, Kucoin, binance, bitfinex, gate.io, bybit, and kraken are best exchanges to buy and sell crypto currencies. These are considered as safe and reliable global cryptocurrencies platforms.In my country, the most prominent cryptocurrencies in terms of user activity include Binance, Bybit, Kucoin, OKX, and ByBarter. Due to restrictions on direct purchases from these exchanges, we rely on peer-to-peer (P2P) services. Fortunately, there haven't been any reported issues with the use of these platforms. Some local cryptocurrency platforms have emerged, but they have fallen short in security assessments. Therefore I advise people in my country to adhere to established brands with a larger customer base from our nation for a more secure experience.
~snip~Whew...finally somebody gave a solution to this. Thanks a bunch. I experienced this issue several times and didn't know that it can be fixed in the settings. Permit me to write the guide for those whose image may fail to load for one reason or another. Here it is
How can I enable notifications on other boards?It is the same issue that I have notice. I have sent a PM to one of the moderators Vx1. Hopefully, I will get clarification and understanding about it too. If there is no response to this post yet, then I would share with you.
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