I thought the market would have pushed up to at least $80k with the last hike last week but it failed and
looks like it may have failed again as its back at $77k. There is definitely resistance there.

Its really hard to call IMO these days because the markets seem to be predominantly influenced by whats
happening in the middle east and from day to day any announcement is liable to happen and the ceasefire
in teetering on the edge of collapse. All it will take is for one event or announcement and the market will
react up or down depending.

I guess there is no fun at all being had by traders who are trying to predict the market, I certainly wouldnt
like to have a trade on ATM.

Ah Berrettini showed so much promice a few years ago to become one of the top players but he is
prone to injury and that has massively affected his performance over the last few years.

Cobolli is doing really well and especially after reaching the final of the BMW Open last week. The
real trick is consistency just like Sinner, Alcaraz and Zverev. So lets see if Cobolli can keep the pressure
up and momentum and climb up the rankings.

Zverev is very consistent in that he does the same thing all the time and reaches the same stages of
tournaments consistently.


Sinner has a big chance to pull ahead of Alcaraz in the points ranking because Alcaraz is not playing
in Madrid but Sinner is!

That is easy for us to say that you should only gamble what you can afford to lose but for others who
possibly do not have proper education let alone sufficient financial education that concept is not clear.

Poorer people or people with limited means often turn to gambling as a way to try and get themselves
out of the poverty they find themselves in. Its an unfortunate situation but it really comes down to
education.

I was thinking along the same lines, more institutional investment means more liquidity which means it
requires more and more to move the market, to create more volatility.

But we live in an era where everyone is connected and everyone can react very quickly to news events
or other events which can and have affected the market. Kind fo like herd mentality.

If such-and-such moves or liquidates a large sum on Bitcoin, others may follow suit and in turn others
act on those movements which obviously will have an effect on the market, possibly some trigger which
on its own shouldnt but because of a chain reaction and a trend creating it creates volatility.

So yea I would just err on the side of 'delaying volatility'

I would say that there are gamblers out there who indeed are gambling for a long time who didnt realise at the
start that they would accumulate substantial losses and who now are gambling out of habit and to try and hit that
big jackpot. Thankfully I had a hunch early on that I wasnt going to be making huge profits.


Well I didnt quit but as above realised early on that winning from gambling for me would be difficult, and this was
pre interned times!

The OP said that the thread wasnt for people gambling for fun but they have to realise that there could be a log of
gamblers who are doing it for fun who fall between scenario 1 and 2. There is a possibility they learned from
point number 1 and now continue gambling without the expectation that they are going to turn a massive profit
and are able to gamble occasionally instead of quitting for good.

We are all getting a lesson in how literally everything is linked to Oil.

When the supply is compromised everything is affected from Manufacturing, transportation and supply.

What people are not talking about as much is the supply of LNG of which 30% of the global supply comes through
the strait of Hormuz. Throw in Helium which is used to make microchips and is used in MRI scans in hospitals,
and linked to LNG is fertilizer, again 30% of the global supply is disrupted.

The knock on effects is going to be higher pricing and food shortages in certain areas, potentially Africa in relation to
Food. And the triple shock of Oil, LNG and Fertilizer will be felt globally.

Of course, you are on a Bitcoin forum with an Altcoin section so the vast majority of us will agree with that!


This has been talked about before, what really highlighted this was the ICO era in 2017 in where projects were
launched promising disruption ^{or not} but turned out to be another pump and dump scheme.


Are you expecting that to change soon? it almost sounds like Bitcoin could go the way of all the thousands of
$hitcoins over the years


One of the biggest factors which other Altcoins dont have is that its truly decentralised, there is no board
of management, CEO, CFO or anyone who is controling the supply of coins.

It sounds like the OP already knows what to do, he has said it all already. Its not rocket science

Be aware of Bitcoins 4 year cycle and the halving.
DCA and Buy the Dips.
HODL long term.
Be aware that the market is open 24/7/365 and moves up, down and sideways for all reasons and no
reasons at all.

Applying those strategies means you no longer have to worry about what the market does today
or tomorrow because in the long term what happens today or tomorrow with the market will be forgotten.

Yea and I'm wondering what exactly does he expect?

More bearish sentiment?
More volatility?
Another ATH?
Market to 50k?

We are in a bear market as per the 4 year cycle. Some people better start realising that the market
cannot keep going up or down or sideways forever.

They should also realise that the market can go up, down and sideways for extended periods of time
with the odd correction every now and then to keep traders on their toes.

All this is in line with the 4 year cycle and not every cycle is going to be exactly the same as any other
previous one.

Ever hear this saying......? expect the unexpected

Yes this is what a lot of people have said, discipline is about improving oneself, not
succumbing to those things which would be potentially detrimental to our well being.

Eating the wrong type of food, drinking to excess, smoking 100 cigarettes per day,
using drugs every say, having unprotected sex with 10 different people every day regardless
of where you are, gambling non stop with every cent you earn, fighting, raping, killing...
without regard . . .

See where a lack of discipline (and morals) can potentially lead

So it could become clear that a lack of discipline is self abuse!