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Of course, for new traders, taking more leverage means becoming greedy. If someone starts trading with more leverage right after entering the trading market, then he is definitely taking a big risk. And in taking such a risk, the chances of losing are very high. Although trading is easy, it is also risky. Traders should start with small leverage in the beginning and has to gradually gain knowledge to survive in the market. If a trader can acquire proper skills in risk management, then he will definitely benefit in the future.
Yes, a lot of times people end up with a lot more different results and if you are careful then you are going to get a lot better profit when you leave it at smaller leverage because your losses wouldn't be that big, and it would be a lot harder to lose it all when you could just end up with something that takes time.It's easy to make that decision though, because you end up with something much better on the long run. If we deal with this, then we are going to not be cashed out easily, that is the number one thing that we will realize with smaller leverage, and if you do that then you are going to be happy with what you are getting and won't be focusing on how to get a lot more different approaches.
It's certainly natural to desire substantial profits, but the question is, does it align with our knowledge and skills? For new traders, I don't think so. Because, as new traders, they're undoubtedly still in the learning phase.
The match between Al Hilal and Al Riyadh is going to start tomorrow, Al Hilal is a much stronger and better team than Al Riyadh, so the success of Al Hilal's victory in this match between them is definitely the highest, there is about 90% chance that Al Hilal will win this match, and I think they will win the match with a huge goal difference. If we think about last season, Al Riyadh was the 11th team in the point table and Al Hilal was in the second place, now let's see how they perform in the match, I will definitely be in favor of Al Hilal.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
GIANT #BITCOIN SHOW OVER HONG KONG 🇭🇰
https://x.com/BitcoinMagazine/status/1961053576949620842?t=32tuC-MhpiWt955XDpQc9w&s=19
https://x.com/BitcoinMagazine/status/1961053576949620842?t=32tuC-MhpiWt955XDpQc9w&s=19
Forgetting your loss is not that easy mainly when the loss is huge, and you know wins does not easily come, therefore it takes a while before I forget my loss, since I don't have a choice but what I do after such experience is to take a break for a while, then I will come back to gambling, but if the loss is small I just forget about it and carry on withy gambling activities, it does not take me any thing.
I just suffered a significant loss in a gamble I played last night, but I didn't think much of it because I didn't use any capital at all, meaning I didn't make any deposits. I found a long-standing casino site that offered cashback, so I played there and managed to make a profit, but it soon disappeared again. I wasn't upset because that was inevitable, so I just accepted what happened and didn't dwell on it.Unless, perhaps, there was an initial deposit, then we would think about the loss, or constantly think about it. The key lies in our own perspective on gambling.
In reality, your attitude towards gambling is that winning can be of any size, small or big. When you are not afraid of losing your money in gambling, gambling will be more attractive to you.
Even though gambling with skills increases your chances of winning it doesn't mean that this should be relied on, there's still a chance that you might end up losing even with your experience. This is part of that reason why a lot of people have lost significant amounts of money because they stake extremely high believing too much in their skills and years of experience. Gambling is mainly about luck and timing
No matter how skillfully you gamble here, in the end it all depends on luck, and for this reason those who are overly optimistic about a strategy, and bet more than they can afford, will only end up losing more in the end. You can never bet with certainty here, having skills in gambling can help a little, but you should not rely on them completely, they believe in them too much, and when they gamble, they face big financial losses. So it is very important to know your limits, no matter how much you think you will win now, you still have to limit yourself and manage your gambling.
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That's right it's very easy to start gambling but the problem lies in the gambler because most gambler's once they have mastered the act of gambling fund it difficult to regulate their gambling and so gambling becomes a problem to them having self control is important in gambling Self-control and discipline are very important when it comes to being able to curtail their excesses. As a gambler, based on your budget, you should be able to know when to call it a day, you should be able to know when to stop gambling if losing back-to-back, and you should be able to know when to take a break from gambling so you can refresh your mindset. All these are just what gamblers ought to know and be able to control themselves when they begin to notice their excessive gambling lifestyle.
So, do not get worried whenever the market slightly drop or hold on a particular position for a longer time. Learn to have patient whenever the market dropped so sharply.
The recent fall of 10% in the price of Bitcoin in the past 8days from $124k per BTC to $112k per BTC is absolutely nothing to worry about, but rather an opportunity to accumulate more for those who wished to expand their portfolio. Because Bitcoin has always been a volatile decentralized digital currency, whose value fluctuates up and down with respect to demand and supply in the market. And as such, it only takes people with little or no knowledge about what Bitcoin is or stand for to rush to selling their coin now because of fear, uncertainty and doubt of the future, whereas this is an opportunity to accumulate more. Hence, my advice to Newbies on this our local board who could have accumulate Bitcoin to not panic because of the recent fall in the price value of Bitcoin. I think Abaeze is misunderstanding the entire strategy of investment. I was expecting you to explain the various Bitcoin strategy because many folks believe DCA is the only successful and effective strategy. It seems they do not know why many practice that strategy. There is buying on dips, lump sum, dca and so many others. But its preferable to use DCA as a pleb so you can manage your investment and other part of you life without getting hooked. On the other hand, people who are rich use lump sum to buy. Which I will prefer if I have that kind of money.
This is what I called explanation maxed easy, you just made a good explanation because to some person there no other investment method of investing in bitcoin, the Reason for the special preference being given to DCA method is that, it very effective, efficient and flexible method of investing in butcoin because it allow you to invest consistently with the amount within your reach, you don't have to wait till the dip before you can buy or wait until you get a lump sum amount before you can buy but rather you can buy with amount you can afford consistently without stress, that's to say this DCA method of investing in bitcoin serves for all, so it means that intending investor don't have to be rich to investor, the only thing he needs is to have a source of income it doesn't matter how small it is as long as he can identify his discretionary income then he is good to invest.Altcoins are not reliable and it won't make sense for anyone to start investing in altcoins just hoping it is the best to invest. People who consider altcoins over bitcoin don't even understand both bitcoin and altcoins because looking at bitcoin you can see clearly thst bitcoin is better than altcoins in all aspect this why when I see people who invedt in altcoins I don't take them serious because they don't even understand what they are even investing because the main value which is supposed to be invest in is not even been considered.
I agree with you on this, Bitcoin investment is the best investment, and if someone decides to leave Bitcoin and invest in alt coins, then he is definitely making a mistake. As a long-term investment, Bitcoin gives us the most chance of success, and at the same time, holding only Bitcoin for the long term is much less risky. Bitcoin is definitely the best choice for a low-risk long-term investment. Basically, most altcoin investors just jump in hoping for quick profits, and that is where the risk is the biggest, but they should understand that Bitcoin is the most feasible and reliable investment.There's no need to get confused. You can buy Bitcoin regularly. DCA is the most reliable method.
What I meant was that buying coins at 110k right now is more profitable than buying at 120k. (Isn't that obvious?) And as long as it doesn't drop below 100k, there's no need to worry as the positive trend will continue.
What I meant was that buying coins at 110k right now is more profitable than buying at 120k. (Isn't that obvious?) And as long as it doesn't drop below 100k, there's no need to worry as the positive trend will continue.
Sure, some people see this as a good chance to buy Bitcoin now at $110k compared to when it was around $120k. This gives investors another chance to accumulate more at a better price. Many people in the market actually wait for opportunities like this, when the price dips, so they can increase their holdings.
Waiting for the dip before accumulating will only make you accumulate just little Bitcoin because you are not accumulating regularly investor accumulate at any price level he never wait for Bitcoin dip before he can accumulate with the DCA strategy you can be able to accumulate at any price persistently either every weeks or months the dip should be an advantage to accumulate more Bitcoin and HODL.
Investors who wait for the fall can never actually invest at the right time, they will only hope for the price to fall but instead of dump it, it will go further out of their reach, as a result they will fail to invest and lose the opportunity they have. In fact, waiting for the fall means the wrong decision.
Bitcoin investment should only be done in a consistent manner, so that you can deposit Bitcoin at an average price consistently without worrying about the price. This will always give you more effective results, but those who do not understand the possibility of continuity will always be deprived of this opportunity, as a result of which they will not be able to achieve the expected and sufficient success from Bitcoin, but they will most of the time be in more losses.
A true investor wouldn’t be worried when it’s a bear season in the market, instead an investor would take the opportunity of buying and accumulating more aggressively, and that doesn’t mean that we wouldn’t buy if we don’t come across a bear season, there is no point to be worried about any dip, because bitcoin would still appreciate and we might just probably have a new ATH, that is why we should be more interested in buying and accumulating bitcoin consistently. Either aggressively when we have the opportunity and more discretionary income, and when also being aggressive we should also try to be cautious of our aggressiveness.
The only consistency in investing is the right decision, I do not invest aggressively and I do not wait to buy DIP, I only like to buy at a certain time, no matter how high or low the price is at that time, I do not care about it.Our goal should be only long-term, and no matter how low or high Bitcoin goes in the meantime, it is not something to panic or worry about. The history of Bitcoin proves that after every big fall, the market has turned around and achieved new highs.
So in this sense, every dump is actually an opportunity to buy Bitcoin, but a sad thing is that many investors cannot take advantage of this opportunity, basically they think the opposite at this time, that is, instead of buying at this time, they panic more and sell their holdings, because they think that Bitcoin will go down further and they will continue to lose more.
But this mentality deprives them of the success of the next period, that is, in the post-dump period, when Bitcoin starts a bullish trend to create new highs, they only regret it, because they have no Satoshi at that time, they have already sold all their Bitcoins at a loss, when the market was volatility. Therefore, the mentality of a real investor should be to ignore fear, take advantage of the instability, and accumulate more Bitcoins during this period if they can, because this is just an opportunity to accumulate Bitcoins at a discount.
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Investment is very risky, try to invest what you can afford to lose. As you said, if you are very old, then you may not have any source of income. Maybe you want to invest with your savings or if you get an allowance from the government, you want to invest some amount from there. But you have to remember that investment is for a long term like 7 to 10 years. You have to set a goal first and keep buying continuously until the goal is met. But you should invest with the amount of money that you do not need. Never invest with the amount that you need.
Along with investing, it is very important to create an emergency fund. Because you will need an emergency fund very much to protect your holdings during unexpected financial disasters.
People should invest with money according to their ability to lose, because even if you manage everything correctly, an investment will not guarantee success, every matter involves risk, and decisions must be made through risk management, which will reduce the risk but will never bring guarantee. This is also very applicable to Bitcoin investment, the future of Bitcoin has a very high probability, but there is no guarantee, and considering this, an investor should invest an amount of money that is not important to him.Along with investing, it is very important to create an emergency fund. Because you will need an emergency fund very much to protect your holdings during unexpected financial disasters.
Everyone has different patterns in gambling, and every gamblers they gamble according to their own patterns, but can every gambler ultimately benefit? No matter what strategy you use, you can never win without losing, and for this reason you should never be overconfident in any strategy. You should gamble according to your pattern within your ability, but do not try to do anything beyond your ability. If you have to gamble, then it should be only for entertainment, and for this you need to change your mindset, remember that gambling never has any strategies, they are worthless, so you should never expect too much from them.
Anger shouldn't be applies in gambling if we truly want to have a better experience in playing our games, we should understand what anxiety can cause and its effect on us as we are gambling, those that have been affected before now could tell more better, because it does not solve or fix a problem, instead make everything to sound more disappointing to us, because we couldn't achieve up to the normal expectation from them, we should learn to keep calm in some of these conditions, instead of reacting, as such could make us get more aggressiveness in gambling.
But why the anxiety in the first place, some gamblers can be funny sometimes, there are two major things we expect to happen as we gamble, is either we lose or we win nothing far far from reason this two, I know that some losing can be devastating but that's gambling for real so is it not nice we go in with what we can't afford, but why the high hopes on gambling, some gamblers now make the whole gambling thing to look like it is a game of certainty and making it seem like once they play it, they win, this kind of reasoning should aborted because I don't see the reason a gambler should get upset or tempered just because he lost in something he already knew that is either he win or lose.Re: Everything you wanted to know about Bitcoin Strategic Reserve
Vancouver considers using Bitcoin mining heat to warm public pools.
Mayor also proposes accepting taxes in BTC and adding Bitcoin to city reserves.
https://x.com/BTC_Archive/status/1959285969980453000?t=ZmyfEq7Wj7kYdp9LtIpGOQ&s=19
Mayor also proposes accepting taxes in BTC and adding Bitcoin to city reserves.
https://x.com/BTC_Archive/status/1959285969980453000?t=ZmyfEq7Wj7kYdp9LtIpGOQ&s=19
Today is Barcelona's second match, which will be against Levante, the probability of Barcelona winning the match is 80%, Levante is a weak team, they lost their first match against Alavés, so today they will face Barcelona, which is one of the best teams in La Liga. Barcelona will win today's match, the probability of Barcelona losing is very low, now we just have to wait until the match starts, let's see how they perform in the match, especially Barcelona should score big.
DCA is an effective strategy, it has a high probability of producing positive results in the long run, but there is no guarantee. Bitcoin is an investment that, if managed correctly, can have high long-term potential, but it is never guaranteed, and for this reason, you should not invest money that you cannot afford to lose, here you have to invest with the excess of your income, that is, you have to invest only that money that you do not need, no matter how small it is. There is no guarantee here, so investing with debt is never a good decision, so you should not lend him money, but rather advise him to invest with money that he can afford to lose.
It is very natural that a person who is addicted to gambling, due to his deep addiction, leads not only himself but also everyone else to bad things, in fact, due to his addiction, he has lost control over himself, has lost the ability to understand right and wrong, he is facing losses in gambling, he knows that gambling is only leading him to more destruction, but even then he is unable to refrain from gambling, only because he is deeply involved in gambling, and a good person will naturally not want to have any relationship with such a person or move with him, but this is never a solution, it is very important to give the right education to the person who is addicted to gambling, so that he can understand the right thing and come out of gambling, everyone will ignore him, but people should give him the right advice, this is definitely important, so that they at least get the inspiration to return to the right path.
For me, I sometimes play for hours and really enjoy the game, but there are times when my eyes start to hurt, especially when I’m watching with so much excitement. It feels like it’s not healthy anymore. What advice would you give to those who can relate to my experience?
When you really enjoy playing slots for hours, it means you have enough free time, a large enough capital to spend, or are just lucky enough to keep playing for hours. The eyes are certainly the main problem when exposed to light for too long, it needs to be anticipated by using eye protection or using slightly darker tempered glass so that your eyes are not exposed to bright light. What you are experiencing is very normal, especially when your eyes are forced to work for too long, they will quickly become tired and your vision will also start to become blurry, so you need to take early precautions to keep your eyes healthy.Yeah, gambling for hours isn’t healthy not just for our eyes, but for our mental health too. I personally never play that long, usually just 30 minutes to an hour, and only if I still have some capital left. We shouldn’t force ourselves to keep going if it’s damaging our health. It’s always better to take a break and do something more productive or relaxing instead.