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10441  Bitcoin / Bitcoin Discussion / Re: Here is why you shouldn't trade bitcoin based on the news on: August 19, 2019, 12:30:26 PM
True, but many newcomers are not aware of that. That's why i try to warn them.
You wouldn't believe how many posts i see about trading related to some news.

Yes, newcomers don't know about that. They need to filter every news they got so they can know if the news is right or wrong so they can react base on the market situations. Sometimes traders can be panic once they read some news that saying the market will fall or else and they are selling the bitcoin or altcoin with fast because they think that it will happen soon. But the reality, the market is not moving according to the news, but it moves to the other way.

Maybe the news needs to reach more readers and visitors so they make bombastic news to get the top position at the search engine so their website can be famous. We don't know what their reason to do that, but one thing that we should know, never trust the news before we search the other news to compare.
10442  Economy / Trading Discussion / Re: Psychological Analysis for trading Crypto on: August 19, 2019, 11:26:34 AM
Is there even a single type of analysis which can give if not accurate then at least a near target price ?

There is no analysis which can give accurate information about what is happening with the market. People could only analyze where the price will move, is it up or down, but we don't know the truth. But at least, with the analysis, we can make two option for the market, and we can moves related to the situations on the market too.

Do you guys think Psychological analysis can help us in making better decisions and setting better targets?

I am sure that with psychological analysis can help us in making better decisions and setting better targets, but that will depend on each trader. Some traders can find a way if the situation becomes worst, but the other cannot make it because they already get panic with the conditions, and they cannot think of what they need to do.
10443  Alternate cryptocurrencies / Altcoin Discussion / Re: My vision of the market in the coming months on: August 19, 2019, 08:11:14 AM
Cryptocurrency cannot be predicted but I really understand that no matter how the market fluntuate things will still come back to normal for good and solid projects. Not for shit coins that has no good foundations

You are right. The cryptocurrency market will be back to normal again, and I don't have any doubt for that even if we are now seeing all of the prices is a very lower price, it will start to increase. But we need to be patient and wait for a while, and I think that right now, we have the best time to buy any coins we want because all of the prices are at a low price. We can buy an expensive coins price before and hope that the coins can be back to the highest price soon. But I am afraid that this time we need to wait for a long time because now the price does not increase so high.
10444  Economy / Gambling discussion / Re: Gambling destitute on: August 19, 2019, 06:19:04 AM
Making a plan on gambling will be better, including to make a limit on the money we use in gambling. We can allocate some money just to play so we can quit in the games when we almost run out the money. By doing that, you can prevent from losing big money, and the best is you still have money to buy something for your life.

We need to have a strong mind that will always remember that gambling is just for entertainment and not using gambling to make money. When we can do that, there is no need to worry because we can play gambling in anytime we want, and we can know when we need to quit gambling. That will prevent us from becoming a destitute man because we know how to manage our money.
10445  Economy / Gambling discussion / Re: if you want to win big...accept defeat on: August 19, 2019, 05:14:32 AM
hello gamblers
many players are complaining about the way they always get busted, they keep playing in the same way and they are doing nothing but making their loss bigger. the point here is not about greed or being greedy, its all about the right time to stop which is very hard since no one can predict the next move in gambling. many players make good profits but they keep playing instead of stoping, and it always leads to one result,,,bust. how ? once they make good profits and starts to lose they refuse to accept the defeat and keep playing to recover, and it ends up losing all they have, the case here is not about greed, but about accepting defead. once you accept the loss and say ( its enough losing ) you can take what left from your profit, do it over and over and you will make a good profit.
if you want to be successful in gambling accept the defeat first, and the game is all yours.
best of luck rolling

I do not completely understand the meaning of accepting defeat here. What should a gambler do when he get defeated. Pack up and accept it and do not play further gambling ?
Absolutely yes, many gamblers will continue to gamble even when they are defeated or losing the game, they loose until they are empty in Cash and even at some point in time borrow to gamble. That doesn't make any sense for any one to involve in such act, it can trigger depression and cause addiction to the gambler.

Borrow the money will not be a solution, and he will get another loss in the next games. But take a break, and quit from gambling will be a good solution because you need to calm down yourself from the losses. You can come back again in the other day, play another game to test your luck but don't force yourself to continue the game if you don't see your luck is coming. And if you lose again in that day, then accept it, and like usual, you need to quit from the games and don't continue for playing another game because that will make your mind to think about the winning.

So far, I try to accept any result that I got from gambling because I think that is what we need to do so we can control ourselves not to lose more money. We cannot think that in the next round, our luck will come because we don't know if that will happen or not. If that does not happen, then our result will be getting more losses.
10446  Economy / Speculation / Re: Calm down. on: August 19, 2019, 04:08:39 AM

Calm down? It could be hard for weak hands and doubtful individuals, but for us who know crypto will patiently waiting for another market strike.


Yes it could also be hard for crypto enthusiasts who are financially bankrupt, even though that they believe and know that price will boom, but won't have a choice than to sell to survive from hunger.

That will happen too with traders who need money for their daily life because will cut loss their coin no matter how much the price in the market. Maybe some of us can be calm down, but the other traders cannot do that because many of them still cannot hold their emotion to see the price is jump deeper to the lowest price.

But yes, maybe calm down will help us to search the other way to survive in the unstable market like today. We need to learn about calm down for more so we can to see the chance to make a profit again.
10447  Economy / Gambling discussion / Re: Longest Winning Streak in a Dice Game on: August 19, 2019, 03:11:53 AM
i think my biggest roll win uintil now was on just-dice it was about 40 rolls in a row just green.
I was at 885 win chance  Grin


regards
Hmm 885% win chance? Tell me please which site you have played with 885% win chance, so i will stay away from them since all of my bet will lose (even the highest win chance on dice is 98% (1.0012 multipler)) if more than 100% it's mean the multipler is below than 1x.
How about mine? I was getting 40+ winning streaks on 95% win chance. (I only compared mine and him, i knew this thread discussing about 2x multipler)

.


I guess he doesn't mention about %, he was at 885 win chance, I am not sure about what he wants to tell us, but I guess he wants to tell about he get 885 times of win so far.

He already mentions the site is just-dice.com, I don't play at that site, so I don't know, maybe in that time, he is very lucky to get that longest winning streak but you can to try to calculate how big the percentage at this site: https://www.omnicalculator.com/statistics/odds
10448  Economy / Gambling discussion / Re: Why Choose Lottery Instead Of Anything Else? on: August 19, 2019, 12:39:43 AM
One main reason I can think of is probably low stakes, high rewards. We all know that greediness is, by default embedded within a human's psyche, ergo rendering us hungry for a high roll without risking a lot in the process. This has been pretty evident to the nature of gamblers, though there are still people who are willing to go nuts to chase losses etc. There also goes the factor of "feeling lucky" that some people carry on with them. It's a flawed belief, but given the low stakes of a lottery, why not go for it and hope to hit the jackpot, aye?


Exactly low stakes high rewards, that's the reason why a lot of people choosing to bet in lottory than to play blackjact or casinos using skills.
Some people are trying to get huge rewards even they know the chance is very low to get win the price rewards.

I think the other reason why people choose the lottery is that they can feel excited about the game. People don't have to buy a lot of tickets if they only want to feel the fun thing because with only buy 5 tickets, I think they will be curious to wait for what ticket that will come out. Some of them will buy more ticket if they cannot win because they still want to be the winner.

Lottery is the simplest gambling and very easy to do, we only need to buy a ticket and try his luck to win the big jackpot. many people assume that if you buy more tickets, the chance of winning is greater, but I think that to be able to win the lottery game is based purely on luck

That is right, the lottery is a gambling games base on luck, and we cannot easy to win the game if we don't have luck. The luck itself will not come in anytime to every gambler, but the luck will come in the right person. The lottery can make gamblers become greed because they will spend more money to buy the tickets so their chance to win the prizes will bigger.
10449  Other / Beginners & Help / Re: Just got into BTC on: August 18, 2019, 10:13:47 AM
Hello boys, I received a big amount of money in BTC & decided to keep it instead of putting it into my bank directly.

I'm really stressed about BTC, I don't wanna lose all this money because it's a big amount for me.

I don't know what to do anymore, wether holding or getting it into tether. Help

If you have another money, then you can save the bitcoin in your wallet until the bitcoin price increase so high then you can keep the bitcoin. You don't have to feel stressed about bitcoin because nothing to be worried. You can also learn about trading so you can try to increase the bitcoin amount you have by buying and selling bitcoin in the market. But that will not be easy as you need to know how to analyze the price so you can make a profit.
10450  Economy / Trading Discussion / Re: Can Crypto trading bot beat human intelligence? on: August 18, 2019, 03:38:43 AM
Maybe the bot can beat human intelligence, but I am not sure about that because bot doesn't have a feeling to decide. But a human does have the feeling to calculate every possibility that might happen later so a human can make another solution if something bad happens. I still prefer to choose using with our analysis than to use a bot because the existence of the bot now still in the development and we don't know how accurate the robot to trade. But if the robot can improve his ability to predict more than 40%, then I think the robot can beat human but not in every aspect.
10451  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin Suffers A Huge Loss Of 9% on: August 18, 2019, 01:45:33 AM
That is what we will see if bitcoin dominance increase. That will make altcoin price getting down, and some of them are down deeper than the price before. But that will increase back after bitcoin reach a stable for a while and if bitcoin still stays at a price, the altcoin will trying to increase higher. So, I think there is no need to worry because that is what will happen and you can buy more amount to sell when the price increase to cover your losses.
10452  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Could this be the start of a great pump? on: August 17, 2019, 08:02:42 AM
As of now Btc is consolidating the price so we can expect once btc cross 15000 dollars then btc may cross 20 thousand dollars by next quarter as per experts analysis btc may touch 30 thousand dollars by year end

But the problem is we don't know when the price can reach $15k because the sign does not come to the market. We will see another pump for bitcoin price, but I don't think that it will trigger the big pump like 2017 because I see that bitcoin still difficult to break the highest price with fast. But bitcoin has a chance to increase more than $20k although we don't have any clue about that. I am sure that many people still waiting for another pump.
10453  Economy / Trading Discussion / Re: Savings Vs Investment? on: August 17, 2019, 07:22:02 AM
The investment is the riskiest way, but it can generate more potential earning than saving. However, saving cryptocurrencies (or holding) is another profitable method, if you re holding the most promising coins, because their prices are expected to go up highly in the near future.

That is why we need to research the investment so we can know why the investment is worth for us. Besides that, by having so many info about the investment, that will help us to decide later, and we will know how much money to invest. I think saving the cryptocurrency still profitable right now because we will see another high price soon. So if you can buy many altcoins in a huge amount, then I think you can make a profit later. But we don't know how long you need to hold the coin because no one will know the right time to keep the coin.
10454  Economy / Trading Discussion / Re: Betting on the price falling on: August 17, 2019, 06:55:52 AM
Is there any way of betting on a price fall? I can't find any derivatives for that.
It is called margin trading and currently there are many traders doing it at Binance, Bitmax, Bitmex, ...
You should also participate in it to have more liquidity. I suggest you join Binance's margin trading.

Be careful because you need to have skills to do leverage trading and I think that will be complicated than the normal trading in the exchanges. You need to know when to buy and sell the bitcoin because the price will always move up and down. And if you don't know where the price moves, then that will be difficult for you to make a profit. I think you can start with binance because that exchange will look easy to understand to start trading. You need to make yourself familiar with the normal trading until you can improve your skill so when you start leverage trading, you won't be confused.
10455  Economy / Service Discussion / Re: What do you think I accept on my bitcoin website? on: August 17, 2019, 06:33:45 AM
I am sure that is the right decision if you accept bitcoin on your website because you help bitcoin by the spread in the site. The visitor who visits on your site will know about bitcoin, and I think they will search more info about bitcoin by reading on your site or another website. You need to give a little explanation to them that you introduce another option to pay so they can make a transaction with bitcoin after they know how to get bitcoin. I think your website will get a new visitor who wants to shop on the site because you have more option to be used as the payment method.
10456  Economy / Trading Discussion / Re: Sold too damn early!! Kicking myself... on: August 17, 2019, 06:06:00 AM
I think most traders often experience this, feeling sorry after making a sale because the coins they trade increase after he makes a sale. this can be considered reasonable in crypto trading because not only one or two people make a sale so that after making an automatic sale the trading volume increases

Yes, we have the same experience. I got another experience a few days ago. I sold some of my altcoin and bitcoin, but then in yesterday, that coin has increased higher so I cannot do anything except watching the price go to the higher price. I don't regret to sell too quickly because I know my capability to analyze the market, and I don't have a 100% prediction that will work in trading. So I only accept my profit, even that is a small profit, try to buy another low price and sell another higher price.
10457  Economy / Trading Discussion / Re: Do you fund ICOs ? on: August 17, 2019, 05:36:43 AM
In this year, I don't invest my money on ICO's because I don't think that it will give me a profit at all. Besides that, I see that the ICO trends has ended and now, it replaces with IEO although IEO is not too popular depends on the ICO. And soon, IEO will be replaced by another new trend which will always come and replace the old trend. I give my support for people who can continue what they did, but my support will not be 100% because that depends on how he/she work in the project. We need to become realistic and don't spend all the money to him because the project still needs to survive in any situations.
10458  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you Bother of the latest Cryptocurrency price drop? on: August 17, 2019, 04:42:06 AM
I don't feel afraid if the price still drops or at a low price like now because the market will be changed and will not like this forever. We could still try to search the profit from the altcoin because I am sure that the altcoin will up and down every day, so we have a chance to make a profit again. Besides that, if we could survive in these situations, I think we will get the opportunity to see the next bull run that might happen in this year or next year. So you need to hold your coins until the bull run comes and buy more amount if you still have money.
10459  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Blockchain-based social media worth it? on: August 17, 2019, 03:56:41 AM
I don't know the truth, but it depends on the function of the blockchain-based on social media itself. So far, blockchain has been used for recording the transaction, and maybe blockchain can record the database of the user in the social media. But that is out of my expectation because I don't know much about blockchain itself. But I think we don't need a blockchain-based on social media because we want to communicate with other people and talk to them or we want to meet new people from all countries. So maybe that blockchain can be applied when the user wants to make a transaction with the website or with the members.
10460  Economy / Speculation / Re: Bitcoin is currently trading below $10,000. Why? on: August 17, 2019, 03:26:29 AM
So if there are more than 200k btc, I think bitcoin price should increase so high because the hackers will hold the big amount of bitcoin and I don't think they will sell it right now. They will hold until the price can increase because they want to make bigger money, and besides that, they will wait until the situations calm down.

I am sure that the exchange will be careful from the hacker and they will check one by one of the member's wallet so they can prevent the bad things that might happen to them.
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