It is profitable if you have a big capital. You can recover your losses if you have a big capital in gambling. You can endure many lossing streaks and won't lose easily from it. If you have big capitalcin gambling you must have a good discipline in terms of controling yourself when to stop when gambling.
No it is not, if you have a big bankroll you can play longer that is true and since you can play for longer periods of time you may get the impression that having a big bankroll helps you but eventually losses will begin to pile up and the same thing that happens to almost everyone in gambling will happen, you will lose money. The bankroll mattes so having a good bankroll is good however you need to learn how to manage it properly. It's like being rich that became poor with lack of financial management. Everyone should understand that we are playing risk here and we could lose our wealth if we are not too careful. managing your money in gambling is 10 times more important than having a big amount of money in gambling. you have to manage the bankroll in a way that you never bust out and that is the hard part otherwise anybody can come up with a large sum of money to gamble with and then lose it all. That's correct and for gambler who want to win in the long run, he must have a good amount of bankroll and apply the conservative betting method. Betting like 3% of your bankroll is advisable and do not use martingale method and select the game where you think you have an edge. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Even a massive or.huge dump happens this will not do anything in bitcoin price. The price of.bitcoin depends on us users.if we continue to use bitcoin and it was adopt by other people,even there is a massive selling bitcoin willl continue to rise up. dump and massive dumps are a regular thing and they happen specially when there is a change in the price they keep happening and that is mostly because there are so many newbie traders around in the bitcoin market who panic and start doing irrational things which leads to dissasters. it's true but it's important to know the main reason why the price dump or pump so we can analyze the situation and will be able to make a great decision. I believe when the price is low, it's a gift from above and we need to take that no matter what. |
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Actually the price of bitcoin right now is decreasing daily and we are in 727 level from 745 few days ago. and i think it will dip more soon..
Just like the same fluctuate from last year.. and i think it will happen again in this month before end of the month and the increase will be back soon in december before christmas according to other traders tips..
My dear, the rice of bitcoin is not decreasing but in fact it is increasing regularly. You can see that last night it was even trading above $750 price levels, and that is what you are talking about it the flocculation of bitcoin, that some time it fell a little and again raise to its previous position but overall the price of bitcoin I increasing regularly. From what I can see, you are both right - the price is really volatile at the minute - the price is all over the place - the three month trend on cmc looks like the moving average price is starting to stabilise (despite the volatility) which may indicate a bear period coming up pretty soon, but the market can't decide which way it wants to go. Will be an interesting couple of weeks coming up. The price Is not going to fall down, as the investors are pretty confidence about the price of bitcoin and according to them the price is still going to increase, therefore they may be investing in bitcoin more and more assets and that is the reason that the price of bitcoin is continuously increasing and going and hope that it will continue to increase for next few months. We have our own speculation but what the believer have to believe is the price will continue to rise, I am definitely one of the believers so I believe the future is great for bitcoin, I have invested and I'll make profit in the future. |
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Before you do trading, make sure that you know what are the risk that is involved in trading. Trading is not what you think that will help you to earn easy money in a matter of days or even weeks. Most of the times, it needs a lot of patience for you to pay off. Like bitcoin trading, if you want to earn good amount of money then you need to wait or hold it for long term so you can reach your goal or have that big profit that you are looking for.
That's pretty basic and everyone should know that in the first place. We are always dreaming of being successful but it's not a easy journey as in trading we need to take the risk not just understanding it. If we do that, it's just right to study first and everything will went smooth. |
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That's why it is always good to have an emergency fund so you don't get into this hole in the first place.
It will boils down to savings, we should learn how to save for the future as we do not hold the future and we cannot see it, anything can happen even the things that we do not expect, so it's good to be ready all the time and we have to start saving now and instill discipline to succeed. We really should be prepared for the future, savings is what we really need and it's the only way we can solve our desperate times if we have it. I know that it's not easy for everyone since we do have a lot of wants in this world that we want to buy and we forget about saving our money but it's necessary. and people tend to forget to manage their money which is necessary for us, we need to separate every expenses such as what we want and what we need so the remaining money will be on our saving. I wonder why the necessary things like are usually not complied for other people although they already that they are often in the situation that they are in desperate need. The problem is on the start, because of our failure to manage our money we have a big problem in the future and that is why we are in desperate need of money. Everyone should be prepared for the future and we can only be able to prepare if we can manage our money very well which would result to savings. |
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As for me - I like ICO. For example the last one - Golemproject. Made easy x2. But now it is 1:1. Also I am waiting for gnosis and filecoin. And my advice - don't be a greedy bagholder - try to work quickly, made x2-x3 and good by coin, the next one)
As we can see that the price of bitcoin is regularly increasing. To me, I think the best investment in the present time is to hold bitcoin and not to invest it anywhere else. But you must remain patient and not to invest or use bitcoin in anywhere else in mean time. Most of bitcoin investors slip in this point due to lack of patience. but it is very slow method - to sit on your bitcoins. And it is not work if you do not have a big amount of bitcoins. I thought, we were speaking about a least x2 money making. The problem is “best investment” may mean different things for different people, some are looking for big profits like yourself, while some will prefer long term earnings even if the earnings are small. I never tried crypto currencies ICO before, I think I am going to try it soon. Yes, ‘best’ investment is a subjective term and it differs from person to person. I usually prefer 70% long term investments and 30% short term investments. In both cases there is possibility of making 2X profits but the risk is reduced when it comes to long term investments. You should try investing in ICO, there's great chances of being profitable their, you go only with the high funded ICO and you can participate as early investors as they gave discounts like 25%, it's already a great discount and that could be your profit already. |
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Dice is a waste of time. Variance will eventually catch up to you and cause you to lose many times in a row, so you'll eventually run out of money very quickly. I'd avoid dice.
Maybe for you but not for everyone, if it's a waste of time it would not be popular now. People love to gamble and dice is very easy to play as in a matter of seconds we will know the outcome. In dice, we can easily increase our income and lose our money. |
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i would like to view bitcoin as currency, perhaps as crypto currency in internet world as other payment and connected with fiat in real world and not as property. because property for me is like something that visible to be seen and feel with hand. and for this reason, the bitcoin can act like money in the economic global.
A currency normally inflates its value but bitcoins increases its value. So that's not a currency IMO, it's a properly and our property is in demand now and maybe in the future so it will continue to have a good market value. |
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not necessarily the person could earn $ 50-100 by following these tricks because in gambling 99% is a good luck and 1% tricks in my opinion. I myself have tried many tricks ranging from sites dice until bustabit but nothing works
We cannot call it a trick if that not successful, under the scenario, it seems like we are being trick by the gambling sites and we are fooling ourselves to make a method in a game where there's no way a method shall work. It's like we are fishing in the mountain. |
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The train of cheap bitcoins has gone long time ago. We know that a major disadvantage is high volatility but we must be realistic. This moment is becoming widely accepted by the commercial world of several strong in the economy nations. The biggest advantage IMO that can not be denied by any skeptic friend of fiat money is the bitcoin is not an inflationary one, that is nobody can mine more than 21 million.
Yeah that's true , the ages of super low price has been ended Today is the time to keep growing and keep rising , the trends has said it all Instead to wait the price go down dumped so hard to buy it later i prefer to see the highest price People will leaving when the price down even for 50% or more and back to buy again when up , it's human nature . If you will not buy with the current price, you will miss the opportunity and die waiting for the lower price. Well, that might be true but it primarily depend on how the people would look at the current price, some may see it too expensive and they are waiting for the price to fall back a bit. Maybe it's good to think of the other ways, this time it's good to buy altcoins. |
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One might say that bitcoin is one of the pioneers of the future money. With sophisticated systems I am confident future technologies will continue to develop the bitcoin.
I just hope the current developers can listen to the good advices from the community, otherwise it is bad for bitcoin. I think that the direction the community is forcing the technology to pursue is heading in a different direction than the philosophy that triggered its development intended. The developers aren't the only entity responsible for guiding its course. I think that community greed guides its course more than was anticipated....Bitcoin came to being from the thinking that the internet had the potential to bring about social and political change....privacy, autonomy, and personal security were the primary motivations that triggered the movement....are those the primary motivations now? Or, is the primary motivation greed? We all share the "decentralized" responsibility here. yes i am also agree with it, it can really be a fact that the interested of the people is now changing and in future they may be giving importance to online trading and shopping therefor bitcoin can be their first choice an it can really effect the fiat currency. Its still really depends though on what people would refer regarding into this. We cant really avoid the fact the people will surely choose the most convenient and most accesible in terms of online transactions and other things which are commonly happen on online world. They could able to see the potential of bitcoin regarding with this but i think future of money(paper) will still exist no matter how big changes would have made. for sure. local currency will not be replace in any aspects paper money still the most used currency inside a country we cant change that in anyhow many things will need to discuss about that. Paper money is very easy and simple to use, you cannot replace that with online online currency as majority of the population in this world are not yet into online, these people are already contented with paper money as it's convenient to them to transact at any time. |
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I didnt had found till the moment no one that had made profit gambling, atleast a significant profit, that means risk something like 1 bitcoin and have atleast 2 bitcoin from gambling, since the odds are big at gambling. We all know that these is more a dream than a reality to be able to wint big prizes risking low ammounts, even being possible, its the hardest thing to try.
No one? That's not true, in this world there's a lot of gambling games and there are gambling that is skilled based games where I believe more gambler are getting richer while the losers are getting poorer. Regardless of the chances, we still have the chance to win in gambling and that was proven by those lottery winners. Some got rich but most of the gamblers are losers, if you will compared the loses to the winner you can maybe arrived of the total gamblers less that 1% are winners in the long run, so if you are a businessman who operates a gambling house, it's an opportunity for you to grow your money faster. |
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Only the ungrateful lose what they dont appreciate, hopefully the seasoned gambler knows many losses and appreciates good luck when it finds him and thats what makes the difference. Know when to take profits and even quit playing for the meanwhile.
If you are addicted, I believe most gambling sites allow for voluntary restrictions or time out periods to help you keep away. Should be under settings
The only problem here is that gambling addict does not recognise or know that they are already addicted. Those time they known that they are addicted is a bit late and are having a hard time to stop themselves to stop gambling thus for the need of an assistant to help them cure their addiction. Under the situation, they need help. They do not recognize their addiction but we do especially if we are close to them as we care for them, if they are a member of the family then it's our duty to help them so they can be cured and quit gambling for good. that's right mate helping them with full concerned will make them feel that they can cure this problem, if we tend to help we must extend our efforts allowing them to be included in many activities that will keep them busy. If one of our family members do already got hooked into gambling addictions we would surely help them but the thing will stop us that most of them dont tend to tell their problem outside so this means we cant monitor or know it from the start thats why we cant help especially when the family member is too secretive but if hes an open type of person we will surely help him regarding on this problem. I was hooked in gambling before and eventually got addicted but my wife is very supportive to me so I am success with my treatment as I was able to stop, I just think I need them and they needed me, if I will continue this stupidity, it's not only my life will be ruin but also my wife and my kids. |
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This is universal dream, I would like to get rich and looks like bitcoins gave an opportunity to us who are working for bitcoins to make some little fortune. I see others succeed already and I think I'm not to late to do something here. I have a goal and that is good, I'm pursuing my plan.
That's good. Keep your hope and move forward. Most of the users at the beginning think that through bitcoin can become rich in a short, but what I've seen is different. Early adopters had become rich and very few others who already have huge fiat have become more rich on investing through bitcoin. Just most of the users have a living with bitcoin but haven't become much rich as most expect. Put in mind that if they have the chance to get rich then so do we, it's just a matter of time, we need to wait and be patient and only when we start to invest now will we have a chance to be profitable in the future. I am not saying guaranteed as it's just a chance and it's risky. |
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Can Bitcoin or any other altcoin help poor countries?
how? what can be done?
Bitcoin does not help the poor countries but Bitcoin are great helped to those people who are difficult to meet the basic needs of their daily life. Just like me I live in a poor country and i grab the opportunity of having bitcoina in my life because i believe that it might be helpful to me and my love ones. First of, bitcoin is not a job, so how can you tell it can help people with their basic needs. All we can do here to earn a decent amount of money is investing and that involves risk, what if they lose, do they have something to spend for their daily needs? Definitely bitcoin is one best of investing assert now a days, i hope poor countries cannot afford to buy bitcoin because they don't have proper internet connection, bitcoin is digital currency where you have to buy with your own currency, for that you need to convert your original currency into bitcoin. I hope there is no exchanges in those countries also may be. There are lot more problems in those poor countries. They will be help is some ways, but investing not really? What they need is to have an income and to lessen their expenses. They need money for their daily needs and they work for it, but with bitcoin how can they earn when they cannot afford to invest. Maybe we can help then on transaction online to lessen the charges. |
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In this time most of the currencies are here,so why i use Bitcoin? what you feel the different between Bitcoin and the other currencies?
I used bitcoin because it can be used to pay for bills ,shopping of gadgets and other purposes. bitcoin is stable unlike other altcoin that suddenly vanishing like mist. It is better to use bitcoin because it has long established than others.BitCoin is fast in terms of transaction and it is verry easy to cash out. Well, that's only some of the benefits of using bitcoin but the main benefit is with investment and trading. Let's be more aggressive as we can have more income if we do this, the risk is their but we will succeed if we made the right study. |
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I'd suggest not using math systems like martingale and whatever this is that you're talking about. They do not work in the long-run.
It's Fibonacci series what we learnt in the middle school.Forget about working in the long run,they don't work at all.Might work in offline bets (as discussed in the thread before). You are not guaranteed to inevitably win, so you can lose your money very quickly with these systems that don't actually work.
Again,depends on the type of bets that decides how quickly you lose and not your strategies. every strategy has its own pros and cons and when it comes down to gambling everything depends on the luck and if you get lucky to win or not and lose. Fibonacci strategy is no different either, and it is so much harder to implement than other easier strategies like martingale because you have to calculate your total loss every round and make a bigger bet to cover all the accumulated loss. the good part of it is that you can play with a smaller bankroll. Fibonacci is worse than Martingale. You never get profit, it's just a way to lose your money slowly. Much time ago I tried this and after 2 minutes I saw that it won't work. On losses sequences you never recover all the satoshis lost with Fibonacci, you always miss some satoshis. Both strategies, Fibonacci and Martingale, don't work on long term, but Martingale can be more profitable on short term. I have one word to say, don't blame it to the method, blame it to ourselves. We are the one making bets, so it's up to us if we can win or not. |
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Yes because the price sky rockets from time to time.
I`m holding my bitcoins for 6 months and the price increased from 600$ to 730$. I can`t say it sky rockets,but it`s a good increase. Yes,it`s a good way,but you have to buy and sell at the right time. Profit is profit. May I ask why you didn't buy before the price reached the $600 levels? You had enough time to buy your coins ar much lower price levels than where you bought your coins at this time. Common mistakes are that people wait too long with buying as they hope the price is going down even more. And when the price isn't going down people mostly buy in panic to not fall behind and miss out. The truth it, some has no balls, they are only good on telling things that they could have made money if they buy this and that.. But when in the situation, they are afraid to buy since they do not have enough faith with bitcoin. You can't blame them, we do have our own decision and that's our money being invested. In one opt to sell then it's up to them as long as they make profit so it's good and as long as they can minimize the loses still good. |
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My investment activities in respect of Bitcoin is only in its purchase and storage. I do not invest in all sorts of dubious Bitcoin projects
That is quite safer if you ask me, because those investment projects are not always legit and in such cases you might lose some bitcoins if you invest in them, though you can earn some profits if you invest in trading but that needs understanding and learning. Yes, only few sites niw are legit, most if invddtment site now are scammed or msybe legit for a few days then once they already earned, they will immediately run. Investing is really risky. Theres so many bad people now that are just waiting for thier time to do thier bad plans especialky when it comes to money. I think once you invest your bitcoins, you should be always ready for any consequences that might happen. Its either you will gain profit or you will lose your investment, Don't forget also that legitimate and trustworthy people or projects, or at least, deemed so by you, are as equally exposed to risk as any other venture. The riskier the venture, the higher the likelihood of loss. The mistake of bitcoin investors are completely inflated expectations - for example, that profit is guaranteed or principal is safe, and that anything less than 10% a year is poor returns. That could actually depends on the amount we invested, if we invest millions and that 10% growth in a year is already significant having a decent income. But most of the investors does not have a decent capital but they want to grow their money very fast. |
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bitcoin could be a fixed income every month. we just have to focus on the job. when we focus so we can get the best results. one of which is to invest in trading, we can make a profit in some time.
Trading can really be a great way of earning an income but i'm not sure if we can call that a steady income or not because in trading sometimes we win and sometimes we might pick up loses so though at the end of the period we stay in profit but maybe it cannot be called an steady income. I think trading like forex trading or altcoin trading can be a source of steady income. There are lots of articles that tells that trading can be a source of steady income as long as the trader is knowledgeable enough with what he is doing. As a matter of fact lots of trader quit their job and focus in this venture because it gives them more than what their salary is giving them. Trading in forex needs decent amount for capital and before trying to trade there you must have decent knowledge because that is harder type of trading. But yes, it can be a good source of income if you know what you are doing and also trading of alt coins the same thing as forex. Once you mastered it, expect good return. I agree with that, that's why I did not try it. I only trade in crypto world and it gives me good result. people were attracted to trade in the crypto due to the low requirements, when i was new I tried to trade BTC0.001 and that seems very good to me as when you are new you are prone to losing and since it's at the very minimum I will not lose a big amount of money. |
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