OP, when you refer to the 'Real-Life professional gambler' as him, I am pretty sure that you are referring to 'you' cause you are the owner of that site. Besides, what's the different between a normal gambler and the so called 'real life gambler'.? Sorry to anyone who will put up that link to click on it, he will bait to the trap. Besides, even if you are good with your games, don't be 100% person you will be winning always.
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OP, you are mistaking your point with something else; your definition and understanding of the term 'globally' is confusing. Bitcoin have indirectly become a global currency because almost everyone who knows about it, have been making use of it to make payments for goods and also pay for services. But one thing that you must understand clearly, is that, bitcoin can not be the ONLY currency been used by all the countries.
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I still have hope in bitcoin, though, there are still other prominent coin which projects are really outstanding and tends to solve a major problem.I hold these altcoins abd I do hope they truly pumps. But i also have huge hopes in bitcoin and know it will still pump again and when they do so, it will come with force and with a very high price, which is why I am still hodling it.
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I personally don't think it was FOMO that caused the recent dip in the market. Besides, the dip wasn't that much, it was a little one that caused a major change in the all the altcoin price. Moreover, when there is dip or the market is red, its a perfect time to stock up your wallet. So see the reds in the market as a good chance not a bad one.
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Though, not all bounties are scam but the bitter truth is that, it's hard to find a good ICO which major interest isn't about the investors money but the project at hard. Some may have a good idea but are driven by the money. Some scam ICOs developers even use the bounty hunters as a means to promote their shit tokens at the end, this bounty hunters holds valueless coins hoping for a day where they will one day be listed to dump them. Sad reality of ICO.
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So many new exchanges these days. Anyway, what matters is for them to offer what they promise to offer because so may services promise a lot and at the end of the day, they laps back in their promises. I checked out the website and I can say that's it okay though, I didn't sign up cause I use Binance for now. If they can offer what the other exchanges didn't offer and can be truly transparent, then, I see more traders patronizing it.
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Nobody was really born a master in any business. Even the greatest master in any business venture learnt from somewhere or someone. I have no offense if some traders knew about cryptocurrency trading from their friends or relatives because you will be surprised that they might grow to be more perfect in it than the person who taught them. Where I find offensive is not being patient to fully learn before jumping into trading because of the eagerness to make money.
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I seems not to understand, are you referring that it's possible for Ethereum is hit $20k or Bitcoin? Which exactly are you referring to?
I think he was referring to BTC price. It's too optimistic for ETH to raise to 20k. Exactly, you have a point there. I don't think any other cryptocurrency can hit the price of $20k the way bitcoin did. Not that Ethereum is not a good coin and it isn't possible to have a high price and stand out but I see it might not be able to cross or pass the price of $2k. Some ideas behind some altcoins are good but I wouldn't want to compare their idea to that of bitcoin. I am yet to see a coin which can surpass bitcoin.
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I have written about my gambling addition story here a time ago, though, it was nothing different from the regular gambling stories. Then when I started out in gambling, I was a student as well, I became so good in gambling that it helps out with my school finance. But I sort of became addicted that I took my school cash for gambling. After the incident, I caution myself, since then, I gamble with caution.
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Most investors see it as a way to make money. But we should understand that, cryptocurrency is more than the money we are getting out from it. When a new coin is out in the market most people are not caring about the problem the cryptocurrency is projected to solve, but they keep on asking when the coin will moon. They forget that, when a coin is being used for it propose, it automatically moons.
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There are freelancers who would do it for you for cheap.
When you have an outstanding blockchain idea, you need a mastermind for your outstanding project, you need an expert and not just looking for something cheap. Giving it to a freelancer because they are charging cheap may not give you what you need. And they may not handle the project with care or enthusiasm. But it's still possible to find a professional who will charge cheaply and do a perfect work.
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Interesting points OP. A periodic trader would have been conversant with a this points, but the new traders might have made these mistakes, though, every trader that started out might have made these same mistakes too. The most important of all this points is to not been greedy and to not to listen to FOMO and and acting on it. They should learn that red in the chart doesn't mean all hope is gone but that you should buy more.
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Nice article OP. Though, I still think that gambling is not as bad as what most people view it as cause it mostly seems as a game of fine but as you know too much of everything is bad. The one big mistake that most gamblers make is the mistakes of becoming addicted into gambling because they don't know when to stop and also know when the game becomes intoxicating to them.
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Truly, it's really worrying for most people whom really cherishs their privac, but I am now seeing it in another perspectives, its either you give out your data or you simply don't participate in the ICO. But in some other way, you don't blame the developers in for what they are demanding for. KYC verification is being used to figure out client whom are participating from countries they have restricted. All this are been done in other not to land them into trouble.
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Speculations do most times and always give cryptocurrency investors and traders hope and the likeness of investing more , so don't blame them if they do. But what I don't support is the situation whereby bitcoin enthusiasts speculate irrational. These overestimation and too much speculation on the price of bitcoin can cause bitcoin to loss his value and attraction. Which is why it's good to be realistic.
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Many traders and investors may be wishing that bitcoin price should and can be stable, but the truth still remains that bitcoin price can not be stable or else it might have reached to a certain stage where the price is probably too high. The price of bitcoin is mostly controlled by people's emotions as a result of FUDs, FOMO and constant trading by many traders for profit. If all this are gone, then the price can be stable.
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Some exchange does have bots like that for trading and also to watch the flow and the direction in which the price of cryptocurrency are moving to. Bots usually do make trading and cryptocurrency monitoring easy, but in some case, it can make it also frustrating and misleading if the bots are not always updated regularly and fixed if error because it could cause misinterperating making traders to sell at the wrong price.
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This forum would have been a better place to get some loan if he had an aged and ranked account with a good reputation, but judging from your account, I bet you won't see. Even off the forum; no right person in their sense will want to give out a loan 'anonymously'. It's all a matter of trust. If you are really in huge need of it, you can spare your information to the loaner in loan sites to make them have confident in you, aside that, forget about bitcoin loan and simply ask for loan from your family and friends.
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Who says that some citizens of some countries don't pay tax for the bitcoin they own? You need to check up your information properly. Countries like Japan, USA, Singapore, India, South Korea, Australia, United Kingdom, United Kingdom, Canada and the others have been placed in taxation on traders and investors so its not a new thing.
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I still think the idea of taking a loan is very wrong. This is the grave mistake that most investors did. You need to chill, read and research more on cryptocurrency before you take an action you will forever regret. There are some people who have taken this same action and are still paying for it because they took loan and invested in cryptocurrency especially bitcoin when the price was $20,000. Now the price is on $7k +, take a good look at their loss.
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