Alcohol, Cigarettes and Gambling are all pretty much portrayed the same way. Even they are all legal in most nations.
The reason why Alcohol and Cigarettes are bad is because they are bad for your health and can kill you and cause harm.
Gambling can't kill you because you don't consume it but it can make you an addict like the above and it can cause harmful effects to your financial situation.
Hence the reason why it has a bad rap.
Alcohol can kill right away that's true, but I wouldn't say the same about cigarettes. Cigarettes are supposedly killing you when you chronically smoke them during a long period of time. Same with gambling, if you constantly abuse it you may be deprived of all your money and even go in debt which can potentially kill you. Not only gambling, cigarettes and alcohol have a bad reputation, there are other things, overeating for example, which is also killing you if you abuse it. In short, gambling is not so bad if it is not abused, and btw it is portrayed positively in many books and movies. Right.They all go with same effects in the end.Addiction is considered the main root of all these negative habits.Gambling may be found legal in most of the countries since its main goal is for entertainment only.But people chose to overestimate it and leads to addiction.From there negative results will follow once it will not be avoided as early as possible. |
|
|
|
crisis time is great time not to hurry and just to collect quality altcoins. You should keep in mind that there can be a long way while market is flatting. So you can reserve some part of your money for buy and hold and another for active intraday trading
All i can say is just HOLD all your coins.It would be difficult for most of the people here to ride with the huge swings of btc market so better to stay calm and safe.And holding would be the best thing to do to ensure profit after a long storm is over. |
|
|
|
I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
Convincing an individual on how to run his business is a difficult thing to achieve. I want you to understand that buying and hodling bitcoin is a business. So we can't advise otherwise, although I know and believe that panic selling pulls market down at that time. Yes.Panic selling would be a big factor that will make btc price falls down.The moment its demand for usage of bitcoin will become less,the price will greatly be affected.But we can't control people not to do panic selling because it's their way how they manage their own investments. |
|
|
|
Dealing with them is easy, just ignore them because they will do no harm to you anyways. They hate bitcoin because they might have experienced something bad with it maybe they lost profit in investing to bitcoin. Just do your job and continue investing to bitcoin as long as you are not harming others in your investment career it's totally fine and as long as you are gaining to bitcoin just continue it and don't think about what other people say.
I think it would be the best thing to do.We would just simly ignore them and leave them the way they are.We don't have to encourage them to invest in bitcoin because if bitcoin fails and drops its price suddenly,then we will be the one to blame if they get losses because they jump into panic selling.Bitcoin is only intended for those open-minded persons whose willing to learn all about cryptocurrencies. |
|
|
|
If we consider the main goal of Bitcoin to be used in all the transactions and deals, bitcoin has not reached its goal. But note that it takes time to bitcoin replace the fiat we are using and it is normal.
Now stores do not accept bitcoin. But we can use it for peer to peer transactions. We can use it for sending large amounts of money to everywhere in the world.
I think bitcoin is still young and will have a big room for improvement.Yes bitcoin may be useful in some ways already but i know,once it will grow into its fullest,it will be more helpful to the people in all areas.Becoming it as a national currency maybe too far to be possible. |
|
|
|
As I see China advertise the form of investment a long time ago where in gold and silver are dominant, Some might say that this process is a technique for china to force there investors to buy gold rather than investing in cryptocurrency, but for me I don't see any malisious agenda of China in that idea.
Gold price have fallen from $1660/ounce in 2013 to $1350/ounce I think in my own point of view,buying some gold or silver from the expense of bitcoin is not really a bad idea.They are still considered investments and they can be a good diversions aside from investing in bitcoin. |
|
|
|
In my opinion, nothing can replace cash, because cash is liquid and they are very convenient to buy goods and services. Cash usage is right for everyone and the risk of losing money is minimal. In Bitcoin, they have a lot of risks in terms of price, hacker risk, technology risk, etc., so Bitcoin can not replace cash in the future.
You may have your point too.But what i like about bitcoin is its value when converted into cash.Even if we say the price is in a dump,but when you convert it into cash,the value us still very high that's why most people are really attracted to store bitcoin. |
|
|
|
Saving money is necessary for us to have a better and secured future. Well for me, the best advise that I can give you regarding that matter is to spend all your money and earnings wisely. Buy only the things that you need rather than the things that you just want.
We have to allocate funds as well for investment because it will be taking in charge of our future wants. Savings is only for our needs and as a human we all want to experience financial freedom. |
|
|
|
Usd is used as funding for illegal activities, it applies to every currency in circulation right now, in fact we only see the USD currency most often used for the activity , perhaps because this currency has a large enough value and the effect is large enough, so not a few of the group groups that use it for illegal acts, the currency misuse depends on how a person uses it, we only have to use it wisely
i think it can be seen from purpose of its use, because i think it is global currency used as basis of other currencies, so more flexible when used for transactions between countries, it is used by people who are not responsible The possibility is already given, since bitcoin has a value and it's money, therefore it can be use in any transaction. But, its more easy to track using bitcoin so people who are doing like this illegal transaction can easily be caught, now the government is more focus on regulating the crypto. |
|
|
|
I think strategy is important in the Crypto market. If you invest without a reasonable strategy you will easily lose money in the business. So let's improve our knowledge now, to prepare for a difficult Crypto market in the near future.
Of course, without strategy you are like investing in a big risk venture where you have a lesser chance. To be successful here, it is required that you are smart because the market is very unpredictable and therefore you make a research to make good decision making. |
|
|
|
In today's situation, being more and more people getting aware of bitcoin and more companies adopting bitcoin as payment, we cant even think that bitcoin price would get down that much.Rather,it would still increase only.Better not to wait for price fall and buy it immediately.
Let's hope the progress will continue, we need people to learn not just bitcoin but the entire crypto so we can avoid seeing them being scammed, instead we will see them being satisfied using this as a tool for their transaction. |
|
|
|
yeah, he should have to continue on trading it is really a risk-less way to invest and earn good amount of bitcoin online,the other option for him is that he adopt a good altcoin and start to trade with that coin, the traders nowadays are earning better with altcoin as the price of altcoins comes with bigger fluctuations.
When you say traders you refer to the majority, I don't believe they are really making money because the price volatility will sometimes give them a bad output, it's like a gambling while some are winning, the others are also losing, depending on our prediction actually. |
|
|
|
Because crypto is not about weeks or months - it's much larger than one person's wishes...It's about years and decades; many changes will come in nearest years.
It's a continues development so we have to seek for long term success. The reason why we are investing is because we trust it to grow and in order to grow there should be a continues increase of demand and we need more time to make it happen. |
|
|
|
I will just say that one of the competing teams will stay out of Playoffs. And it will be loser of the match between Wolves and Nuggets.
GSW against SPURS, I hope that both Curry and Kawhi would play for the 1st round! Can't wait for the POs to start! I believe that both Kawhi and Curry will not gonna play on the first round. But I believe that GSW can still go to the Eastern finals without Curry since they are solid team and not relying only on steph. There other players that can cover the role of curry. In terms of Spurs, They are strong too but they are just in bad luck since they will be facing GSW in first round.  A simple correction, Spurs and Warriors are on the western side. Though, I must disagree, Curry plays a big factor for the warriors and most of there plays are revolving to Steph. Warriors really has deep lineup but missing their key player is a big big hurt for them, especially, that Rockets is still on there way. Don't be so complacement, Spurs is still a contender. It might go the other way, who knows. It is actually a good competition for both. Kawhi is out and as is Steph. They will be playing with new kind of plays without their stars. Good thing about Spurs is they got used without Kawhi on the line up for so long and vice versa with the GSW. It will be a good game. Both have an average offense and a good defensive strategy. I just hope Kerr wont be eaten by great plays of Pops. Curry is out but not out for the entire playoffs, I am sure he will be back soon. While on the other team, Kawhi is not gonna play in the playoffs but the Spurs are improving now, I think it's really a good match up, it might go in 7 games. |
|
|
|
What are the best investment opetions for bitcoins to be put into?
Please post here!
Best investment is always long term with a pre determined plan. Before investment, prepare an investment plan like amount to invest, tenor of investment and expected rate of return. You can get help from cloud mining regarding rate of return. Another thing is never invest more than 50% of your fund. The point that you are planning to invest that would mean that you have enough savings already and you can afford what you are investing. It's important especially in crypto because the market is volatile here and no guarantee your prediction would come on time expected. |
|
|
|
Bitcoin does not have any major impact in the economy. Even if you take away bitcoin, life will still continue and not even the government would care. As of now, bitcoin only exist on the internet. The people relying on bitcoin as an income will be the most affected if this happen.
Yeah they will be affected if something bad happen to crypto, also those investors who are holding bitcoin will surely loss money. But, as a real believer, we will continue to hold and believe that it has more room to grow, we can take the risk as long as we can afford what we invest. |
|
|
|
My Two Best Bets For Tomorrow
Thunder VS Heat
Thunder -3 @1.94
Pelicans VS Clippers
Pelicans WIN @1.34
Nice win on the Thunder, not a bad result for the Heat tho looks like there going to finish 7th in the east so taking on a wounded Celtics shouldn't be an issue for them. It seems like the Thunder are winning lately, this would help them going to the playoff stage. George and Westrbrook are doing well and Anthony started to blend well also, they would be very dangerous although sometimes inconsistent. |
|
|
|
If you are not afraid that your money will be stolen, you can keep the money in bitcoins. And if you're afraid of it, it's better to keep your savings in the Bank.
You can store your BTC on a cold wallet only in order to prevent it from stealing. That's right, and you also have the complete privacy, but for me I would not only save my money in cryptocurrency because I know the risk, the wise thing to do is also save in the bank as they will guarantee an insurance of our money. |
|
|
|
Since I joined Bitcoin, I did not lose anything. On the other hand, I make a lot of money through bonus campaigns as well as from airdrop and investing. However, I do not encourage newcomers, because they do not have enough experience as well as knowledge about it. So, they should stay in the forum long enough to be able to do it
If they can learn then I don't think that would be a problem, in reality we all start as newbie but we work hard to grow here. The risk is here therefore being smart is a big requirement, and also we need to be a risk taker so we can afford what we lose. |
|
|
|
Who knows what will happen with bitcoin tomorrow? I don't know and if i can't predict that stuff how can i be sure that people will not stop using bitcoin in few weeks.
Let us not focus on the price because it can be manipulated, let's focus on the development. Bitcoin IMO is getting popular now because big institutions are considering the blockchain already to be integrated in their business. Of course when that will happen, bitcoin will increase its demand and the price will just follow. |
|
|
|
|
Show Posts
