This is a results of corrupted system otherwise this wouldn't have be happening in the country, of course we buy our money from PoS operators because the banks has failed to delivers us completely since most people aren't that patient enough queue and wait for them withdraw their money on banks. Though with the rising demand of PoS across the country it is assumed that it is a connived something that they has to team up to make sure they extort the poor masses from their hand earn money.

If you understand cryptocurrency very well then you would know that cryptocurrencies itself is a gambling no matter what, and like I know I would choose any part of cryptocurrency to be the best as all of them are gambling, the volatility of cryptocurrency is so high that we can't just predicts which coin is to do more better apart from bitcoin. Although there are other reputable altcoin out there that has gain ground to established very strong but we can't detects the futures of those coin, for instance; you can't tell what would happened on Ehtereum, BNB or any reputable coin  out there. In summaries; Cryptocurrencies itself is considered as a gambling investment which we must only invest with the amount we can afford to lose without being so greed to make huge profits alone the line.

Quote from: SmartGold01 on April 26, 2025, 09:06:51 PM

Quote from: Vx1 on April 26, 2025, 07:42:42 PM

Quote from: SmartGold01 on April 26, 2025, 07:12:08 PM

Of course it's always important to trade with stop lose and take profits, this helps us to regulate how much we can lose while trading especially when we're not actively in the window while trading or maybe decided to go for a short break, this would help to control how you lose money while trading except such person is a greedy trader that wouldn't want to take profits.

We as crypto traders should not be greedy, and I think trading anything is the same. Getting a little profit is okay, as long as you don't lose.
So we need to learn the right time to do stop loss and take profit, don't let it be when we make a profit we just keep quiet and when we lose because the price drops we sell.

Most traders do target huge profits without them knowing that it could also lead to losing higher amounts especially when they are being carried away they wouldn't know when the market would turn the other way. Trading is simple when if we don't look at higher profits from the market rather coin around every single dollar we make add profits to account.

Yes, that is not the right way to trade, therefore I strongly discourage it. And if we still often trade like that, then from now on it must be changed immediately, do not be too eager to get big profits so that you let go of moments that we can actually use to collect profits. I believe that if we want to learn, then the greedy nature in trading will gradually disappear.

A real trader often do not allow greed to will over them as it's a major force of failure while trading and to overcome this is to entirely reduced their attention and mindset towards channeling them into become that greedy while trading.
It best advisable to only trading with an amount that can be able to risk than using amounts far way too higher for them to lose due to their selfish nature.

Bitcoin price is $93,890 and it's hard to predict with certainty whether it will go Below $90 before tomorrow due to the fluctuating price of Bitcoin. What your thought on this.

This doesn't make any sense as anything is possible and likely to happen, besides from how I have seen the market I am not sure if Bitcoin would dropped to 90k by tomorrow or before tomorrow since Bitcoin has just taken it's moves from previously hovering around 79-85k for the past 40-50 days now and after making the correction their seems to be a good market changes in the market, where lots of people including me think that we have just entered altcoin season as altcoin has been making significant changes in the past 5-8 days now.

Quote from: SmartGold01 on April 26, 2025, 07:12:08 PM

Of course it's always important to trade with stop lose and take profits, this helps us to regulate how much we can lose while trading especially when we're not actively in the window while trading or maybe decided to go for a short break, this would help to control how you lose money while trading except such person is a greedy trader that wouldn't want to take profits.

We as crypto traders should not be greedy, and I think trading anything is the same. Getting a little profit is okay, as long as you don't lose.
So we need to learn the right time to do stop loss and take profit, don't let it be when we make a profit we just keep quiet and when we lose because the price drops we sell.

Most traders do target huge profits without them knowing that it could also lead to losing higher amounts especially when they are being carried away they wouldn't know when the market would turn the other way. Trading is simple when if we don't look at higher profits from the market rather coin around every single dollar we make add profits to account.

Quote from: bitterguy28 on April 26, 2025, 02:48:37 PM

Quote from: SmartGold01 on April 26, 2025, 02:30:51 PM

You know we learn from our past errors or mistakes maybe I should calls it experience, when we have learned all these it would now position us more better to know how to structure ourselves while making future investments because most of us do not know all these but after we might have gained the experience it would be that possible for us not to panic and sell.

those who have been in the crypto space for a long time knows better than to panic especially we have seen bitcoin go down but recover as well still there can be some sense of anxiousness since we are still not sure when exactly bitcoin will go down or go up but the key is to remain calm and do not be swayed by your emotions it is easy to panic when bitcoin either is going up or going down when the price is rising, you might feel compelled to sell immediately with too much excitement and if bitcoin is declining you might also want to sell immediately thinking bitcoin is gonna continue to go down and therefore you need to save your money

experience will tell you that bitcoin will always always come back

I agree with you. Even though we know how important to know that current state of our emotion before we make a trade, we can't always detect it. Sometimes we still controlled by our emotions unnoticed which makes us to trade with low probability. To lessen the chance of too much emotion in trading we should avoid to check the chart from time to time because it can raise unwanted emotion. So after we analyze the market and execute a trade, we should stay away from the chart and let your stop loss and take profit to close the trade.

Of course it's always important to trade with stop lose and take profits, this helps us to regulate how much we can lose while trading especially when we're not actively in the window while trading or maybe decided to go for a short break, this would help to control how you lose money while trading except such person is a greedy trader that wouldn't want to take profits.

Quote from: SmartGold01 on March 28, 2025, 11:19:58 PM

Quote from: bitbit97 on March 28, 2025, 03:35:09 PM

In the following topic I would love to read your thought and experience about what is the best time of the day to gamble? I have spotted, that normally gamblers dont start their gambling session in the morning/lunch time. Majority prefer to gamble on the evening, and many gamble till late hours. That looks strange, as person gets busy during day, then gamble and struggle not to fall asleep. Gambling at late time looks wrong, as chance of making a wrong bet or taking wrong decision is higher. What do you think about it?

They can gamble till whenever they are okay or they gamble whenever they seems to have space, the main reason why I don't gamble at night or evening is that I would want to have such thinking and memory go to sleep and if I does there are all possibilities that getting addicted is very next to the person because that would be the memory that are using to sleep and every of their nightmare would be how they won millions of dollars.

With me gambling will not determine when I will play, if there is an opportunity I will play, I really avoid playing at night after 12 midnight because this can damage sleep patterns giving negative effects on the body where I have to work in the morning, need a calm mind, besides there is no influence on our luck at what time we can get profit / win

Yes I am also against gambling at night as it would affect all daily activities, and whenever someone is affected mentally they wouldn't be that straight forward in their thinking due to lack of sleep at night, that is why it's important to always gamble at the day time and stop gambling at night. The night gambling is what affect people mostly than the day gambling, but a responsible gambler should limit whatever that would make them gambling irresponsibly.