From what ive done when i've been in this kind of situation, is i continue to search for new ways to earn money. Ive tried many things including faucets, cloud mining, HYIPS and some task that pays bitcoin. I even try online crown funding where you invest in some kind of platform more like a ponzi scheme where you recruit more members to invest. Some where profitable some where just a scam but i ended losing money throught this. The point is never fear to try things its nothing more than a trial and error, you have to fail in order to earn.
The truth is if you keep finding money like this, you will end up losing more than you will ever gain. There is no shortcut to getting money and no one will give you something that is so good to be true except if they have a long term mission which is always bad. It is always best to even make do of the little you have, find more if you can get where to borrow, work harder and pay your debt. |
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So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
Bitcoin can be a good way to teach them but I think the much better way would be to make them save fiat first because being kids, I think they don't understand it that much what bitcoin is and they can relate more with fiat. You can start teaching them how to save fiat like making them save money for the things that they really wanted. I would not want the kids to think that they can easily get money just by asking their parents but somehow they should learn the value of it. When their savings is enough then they can use it freely because in that way they would realize the importance of saving. You can teach them also about bitcoin because I'm pretty sure someday they would really appreciate it that they learn early about it from you when the time comes digital currency would be that valuable. Even if kids want to save with fiats sometimes, they may still want you to help them save it. I used to have a bank account opened for my kids and thought them how to save from whatever little they get. How it is different is, banks will never make the funds appreciate but bitcoin will, so explaining to them that bitcoin is the future of currency and how payment will be made, as well as, it keeps appreciating in value has made my first son to always be keen to come to me to help him save more in his wallet from the tiny peanuts he gets. It might be small and won't even buy anything, but I can always transfer that value from my own wallet and show him whenever it is appreciating. That alone, has made him to learn to save more to my surprise. |
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Hey! guys i need your opinion and help because i didn't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?
Trading is better because gambling depends on pure luck. On the other hand, trading can be successful, if you make a wise or educated trade. You can apply your knowledge, experience, and skills in trading. That's correct trading is better choice in compare to gambling as trading is not dependent on pure luck as if you have good knowledge of market and if you hold good skills of analyzing the market charts then you can make really good profits from trading while in gambling either you loose or you win and most of the times you will be loosing your money in it. It shouldn't even be a choice between the two. Trading of course is a is a legitimate way of making money more similar to playing in the stock market than gambling. Though sone gambling games can give you good income every once in a while, it's not the same as trading I agree with you at some point and then I stopped agreeing with you. Gambling games are all the same so you shuold not see some as a way to earn good income cause that is where most people end up losing it. Gambling is a game of pure luck and no matter the strategy you think you know, you cannot beat the house edge, so it is best you consider it as fun, entertainment and ways to will away some little time for that. Trading on the other hand is a prediction based on market and it is left for you to use the market to your advantage as no one is controlling the price except for pure supply and demand. |
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I have never lost time involving into gambling, but lost good sum of money in gambling. People have difference in opinion, because some losing in gambling consider it to be an wasting of their time. I never consider it in similar manner, just spend on gambling and expect the outcome. The winning and losing doesn't have any correlation with time.
Very wise my friend! Gambling is a useless act. It does not really return anything beneficial. Above that, it wastes our precious time also. Time is money and we must spend that time in some more useful and productive task. I don't condemn gamblers but they must have limits for their own safety. I think there are no limits for gamblers. These are just story words. Actually every human is greedy, for money and for many other things. Particularly if money is concerned, then you can go to any level of rise and fall to get money. So is the case with gambling, you are so true, that gambling is just a useless act and it is all about wasting your energy and money. I still do not understand why people do not tend to get this fact. Like you said, every human is greedy and there is always that tendency to want to outdo ourselves to the point that we end up losing it when it comes to the issue of money and it is always very hard to control that part of us most times. Gambling is just a means of bringing that bad crazy aspect in us and it should not be allowed to take control over us even if we enjoy it as fun. |
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Exodus is one of the most easy to use
Yes, so easy and I so much love their support. The UI is great and you also have full control over your funds. What made me to choose exodus than other desktop wallet anyway is the multi currencies and the ability to exchange currencies within the wallet which gives me full access to all my assets in one place. |
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it's when a group of traders, or a trader with a big stash, try to influence the market by first buying (increasing the price) and after more people have bought into it (by seeing the awesome gains), dump it shortly after (sell)
Pumps and dumps are two important phases of any coin and are created by the investors. Investors are if selling off a particular coin on large scale, this is going to lead to the dump phase where the prices of the coin are going to drop badly and speedily. Pump is the most love time period in the life of a coin because here the coin is in the green area of the graph, making investors richer. |
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I just hold! That is how I will prepare my investment. It cannot be bloody and I am sure the August fork already taught so many people a lesson. It will most definitely come just like another fork and some free cash maybe. Even if eventually we see a dump on bitcoin, I see that as no problem, it is more like having cash in 2 ways, having from the forked chain and buying at the bitcoin dips. |
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Hi all,
Which one do you prefer?
Thank in advance
If you can do both, why not ? As long as they both end up offering you the same thing eventually, free coins, then I see no reason why you should discard one for the other. The difference is just that the bounty take a little bit of work with more earnings, while the other takes nothing much with little earning. If I would have to choose then having both would really be ideal since this would give you double chances on making money.
Double chances ? But I do see airdrops are similar to faucet earning, not worth for the efforts. Probably collecting the airdrops and holding may find the worth. |
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There is no wrong way to use cryptocurrency, I suppose. But there is a lot to say that this is the type of crypto that was not the vision of Bitcoin or cryptocurrency. Then again, if it helps make lives easier and encourages blockchain and crypto to be accepted, then I guess why not. Also interesting how someone mentioned Dubaicoin. An alt that had nothing except the promise of being expensive due to scarcity. That definitely is a wrong way to use crypto, agree?
Apparently, this will end up being another controlled currency by the government. Like you said, all this digital currencies being created by the government are not at all in line with the gospel according to satoshi, we cannot help but to see them springing up. It is normal that government will always want to find a way to use the unique innovation to benefit themselves and if the citizens feel it is ok for them to use and to make life easy, then no problem. That will definitely not stop the growth of bitcoin and most especially for this country, I would not really mind holding some of the coins. |
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we who are citizen on my country who earn thru bitcoin are not directly subject to pay tax..tax free as of now..our goverment knows about bitcoin but they still dont give any massive attention regarding this..maybe because only few people on my country are actively involved on bitcoin and not yet fully recognized on mainstream.
However if our goverment step in and decided to put some tax on bitcoin.we have no choice but to follow.
Same here in my country too, bitcoin is not that popular and known to many and that maybe the reason also why its not taxed yet although our government do know about it. But if they do put tax on it then we really can't do much about it either. I have same condition in my country. Bitcoins are illegal in our country and thus we are free form paying tax over it. On the same side we are unable to do transactions in bitcoins. These bitcoin campaigning are not considered as illegal so we can do this only. No trading or investing is acceptable here. Hope for the better future here. This is so sad if bitcoin is banned in your country and you are unable to use bitcoin for international transactions. I never understand the reasons behind declaring bitcoin illegal by the state because they are just currency, nothing dangerous. Bitcoin at present is the best investment for earning profits without too much effort, even those countries where bitcoins are legal still not paying taxes for using bitcoin. |
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 will Chinese exchange platforms shutdown on 30 sep Will it affect on cryptomarket It will give impact tot eh crypto but that will be not significant as the pboc announced to shutdown the exchange sites. But the ban was temporary. If we will be facing the date and i believe the bear market will come for the crypto. I don’t think so that China will commit such a mistake which China had made in the past by banning Bitcoin and other crypto currencies. In fact, China will happily invest in Bitcoin and will promote the use and investment of Bitcoin amongst their citizens. Moreover, China will take very much positive steps for making the best use of Bitcoin in his country. This is not about banning bitcoin, it is about shutting down of the exchanges that took place in mid September or so which caused huge dump in the price of bitcoin. China never said they were banning bitcoin. However, I thought some people speculated that they will reopen and regulate some of these exchanges by 30th of September but until now, there has been no news yet regarding that. They haven't really come out yet since then to let us know their stand on this but as it is, the exchanges are still shut down. |
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That my friends is one of the most basic principles of economics. Something loses its value if there is a lot of supply and it increases value if there is a little of it. If you are selling something that has some value, there will always be a buyer on all levels.There are the low ballers, the hard bargainers and the fools. This will never change. It is what it is.
Definitely, in every seller there must a buyer. It is the usuall activity buying and selling like in btc. Yes it is what it is the usuall happens in daily market. Those who buy most of btc and believe the price will rise so the most reasons in every buyer is to gain profit. Or we may rather just put it this way. For every winner, there must be a looser. Apparently, that is just how the market has been fashioned out. Someone panics and sells at a loss and someone picks it up at that point and ends up gaining. It is funny though, cause if this is like a cycle, does this mean some people are just regular losers?  Someone will always come to the market to pick the point you are selling as the right time for them to buy and it keeps going on and on and on. That is pure market. |
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both of them need you invest and take care everyday. but if both of them failed. with mining you still have some card to play game. cheer!
It depends on the level you want to go. And moreover, trading can be extremely hectic more than mining and all you have to do is trade your capital and earn something on it. For mining, all you have to do is purchase mining gadgets to mine coins, either bitcoin or alts and rely on the roi. Mining ties down your capital, you should know that. However, with your last statement, I doubt if you even have an idea what you are saying. What does card and game have to do with mining? Someone please help in case I am the one seeing wrongly here. |
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Yes, I think so. I trade altcoin for couple of months and I earn some money with profit. In my little experience there is no doubt that Altcoin Trading is really profitable.
Eventually, it depends on the altcoin being traded. It is very profitable if the right altcoin is traded as some are just purely good for pumps and dumps. With very good research though, and with the right portfolio of good altcoins, trading altcoin can be very fun and profitable. Sometimes, you may just need to be patient with some of them as they may hold down your funds a little bit longer than you must have predicted, most especially when you did not set a stop loss and it keeps taking the dips. |
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I have been looking at the bitcoin price for a couple of weeks, it seems that bitcoin are just unable to break through the price of $4500 USD since the Chinese government announce the ban on crypto-currencies exchanges, I would still prefer to hold all my bitcoins in my wallet until the prices recover above $4600 USD for selling.
We cannot expect wonders to happen within just a few period. The fact that bitcoin bounced back in a very short time after the Chinese news is even a plus for bitcoin. For now, it is still trying to hover around 4100 to 4400 and let us see how it turns out. Once it can break out from this region, you may really want to cool down with selling a little bit. |
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I have been investing in BTC 2 years ago. I wish I could know to the bitcoin sooner. I will invested all my assets with BTC. maybe now I have become a billionaire
The app in a way will make people understand why being a part of bitcoin at this early stage is worth it. It may seem like it does not really feel good now, but time definitely will tell. However, there is no need to regret since we can not turn back the hands of time or do a time travel. We are here now and this should make everyone believe that we are just starting. |
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Maybe when you are earning big its kinda fun enjoying the trading, but for me I'm really bored trading because some of trading sites now are had to set the automatic buy and sell if you already buy then you need to set that one to sell set the price and then wait for it , but mostly I'm looking and going around internet looking for good altcoins THAT INCREASE the price up 3-5 times with in a week.
If you are going around the internet looking for altcoins that increases, you may not get what you need, cause most people will only end up telling you only what they believe whether correct or incorrect and if you fall into the hands of pump or some signal groups, you may end up not being happy with the results. The truth is every decision lies in your hands. Study how to read the charts, see from the trends if it is a good enough coin to trade, check the support for that coin, see what people are saying about it and use all these to base your judgement on whether to add it to your trading portfolio or not. You do not have to trade the whole coins, just find the ones that you are OK with and trade as long as they are giving you the results you want. |
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If anybody is in debt because of gambling the it's your fault and no one else, not the community and surely not the site you play but its basically because of lack of self control. When I hear people run into debt because of gambling, I just imagine how that is possible if there is self restraint.
I don't think I can get involved to the point of betting all that I have, and then still go out to borrow from people to still play. When someone do something like that, they should be sentenced to remand homes for the rest of their lives because they have not only fail themselves but also failed humanity and so they lose the morality to live among rational thinking individuals.
I think that's taking it way too far, science hasn't even figured out why some people get addicted while others do not. You should have some sympathy for people who are suffering to addiction, I know they do a lot of damage to their environment and/or family, but I don't think it's 100% due to 'lack of self control'. People should who are that addicted to gambling should have the chance to get treatment for their addiction and have a chance to recover and pay everything back or file for bankruptcy. I feel you mate. However, truth be told, people who are addicted to gambling today apparently brought it upon themselves and like he said, it is just lack of self control and no need trying to make them feel good about it cause it won't help. I once told my cousin to get help recently cause he kept thinking he would win all he has lost from gambling back and he kept losing them all still. Most people who are gambling and addicted to it today did not start gambling for fun but they thought it will make them rich over night and that is just being lazy. Make money outside gambling as there are so many ways and get out there to have fun if you wish. It is just like habit and it totally depends on the person to realize that they need help. |
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its pretty hard to find a gambling site that use altcoin, especially on sportsbook.
Yes, only for sports betting. But there are so many of them. Crypto-games.net has about 10 different altcoins the users can gamble with, and I think fortune jack also. Just google and see how many they can be. However, either the user is gambling with altcoin or bitcoin, the same set of rules apply, just have fun since you may or will definitely lose all unless you are just very lucky and ready to pave away with your winnings without looking bad and that can be pretty hard to do. |
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I just want to know how you feel when you get a big win from the gambling you play, I know that feel is definitely fun.
But, do you feel or ever assume you are a gambling expert after you get a big win?
Then what kind of gambling has made you think of yourself as a gambling expert?
I would rather consider myself as a noob in gambling than consider my self as an expert. I will let the others observe how I play and let them judge me if I am an expert based on their observation. Its like me being conceited as I say I can do this and that or I am better than you or him. I would let my actions speak for what I am. There can never be anything like a gambling expert. You predict, you win, it is just luck and that does not make you an expert in anyway. I know I have heard a lot about people playing cards or whatever they call it with other opponents saying there are some who can easily read body movements and know if the other opponent is having a good hand or not. To me, those are just pure bullshit. I can as well in a way change my body language to make you believe you are going to win. It is just luck and you cannot be good at it... The most important thing is to see gambling as fun and just luck and even be happy when you have lost. Greed is what makes people go broke in gambling. |
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