This is true. Aside from doing proper bankroll management, we must also be able to learn how to properly budget our money for family and other things in life that will add value to it. We should not use most of our money as our bankroll - it must be just a portion of it. Each session will have its own bankroll and there is already a pre-bet system that we just implement.
Yeah, we know how to handle financial income we can save more money even if we play gambling, gambling is just a game and we cannot put all of our money in this kind of activities, Yeah we can try gambling but you need to be matured enough before you try because if not you can have a possibility that you can be addictive. yepp with bankroll management you will have to set a limit to lost , good way to avoid a huge lost in short time , and sure make your gambling are safer than without managing bankroll , so everyone agree that bankroll management are a method in gambling? Yes, bankroll management is also one of the best way to save money and not put all money in gambling, because at the first place we all know that gambling is kind of game that needs understanding and we need to understand that we need to accept the outcome of our game. I know that we all need also self-control when it comes in gambling because without that we cannot manage our bankroll safely and we can get addicted easily. Addiction can be one thing for us, but it really depends on the user, especially they are in a state of winning/losing streak. True, it is always depend of a player, if they don't know how to control themselves then they would be probably easily get addicted in gambling. Even how good your method in gambling or your technique but when the moment will come that you will begin to lose control because you let your emotion manage you in the game, you will lose in the end, that should be always remembered by every gambler. Unless if you can make a script and hack the gambling casino Maybe you can make a huge profit but its impossible right now to hack the security of gambling casino many hackers are trying to hack even try debian server to request a balance for their fake account in gambling sites.. maybe before it can work but right now we have high security. Gambling is base on luck and they made it for entertainment only. You will still lose in the end dude, you winning is just temporary because hacking is an illegal thing and the moment you will be caught by the authorities you will be staying behind bars and you will not enjoy your life anymore, it is good to be free in this world and accept the reality that not all things can be done.
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How to earn money with bitcoin ?
if you wanth growth your money with bitcoin you can trading trading altcoin you can trade in poloniex bitrex or c-cex, because is trade altcoin very fast growth money That could be true if your experience is good in trading but not all people who are trading are really successful, majority of the traders are just following what the tipster would say but they really do not do their research on a certain coins they are trading.
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So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
This looked like you didn't focus on trading flatform because if you do don't you will not get lose over 7 bitcoin , I had already calculated my coins and it seem that i already grow my coins i already invest it try to invest of your money that can gives you assurance also If you are talking of investment then you cannot find any assurance that you will earn, investing is a risky thing and you will only be rewarded if you are lucky. 7 BTC is just reasonable, because the amount he deposited is 47 BTC and you have to consider the time element.
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That would be a good suggestion, if we have the money to be use in traveling, we should do that so we will not limit only our world in gambling, when you travel you will have a chance to meet and greet with people, with that you can have a social life and you will realize that there are more important thing in life than gambling.
Making time and spending time with your family is better than gambling and it will always be better because you can earn memories with them in gambling you can just lose money and you can also lose time for them. Exactly, but you can still gamble at the same time while spending your time with your family, the good thing with gambling now is that you can play it at the comfort of your own home so with that being said, you are still with your family while you are gambling at the same time.
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i think yes , because any poor country's people can use Bitcoin and can make money throughout the year this Will rise to the economic power of the people and this will reult in the rich making people in that country .
The thing is not all people wants to invest in bitcoin or even care if the price will grow or not, there concern is as long as bitcoin has a value they will transact, and for poor countries remittances using bitcoin is really a big help due to low cost transaction.
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People still keep saying that BTC is dead just because they are unsure of its price as they might feel they will see BTC at $200 or even $100 someday... But that's never going to turn into reality for them, they are just trying to manipulate the markets thinking they will succeed with their plans...
Even if they see that price still bitcoin is not dead, as long as there is still a value of bitcoin it will never be called as dead. That is just an imagination of the people who are hallucinating maybe due to bad experience of bitcoin like investing in scam sites using bitcoin as a means of investment.
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Not true when you have a target to stop after hit your winnings target and when you are closer with your winnings target it will make you a hurry to achieve it and sometimes you will get a defeat because you are not careful.
If I were in that situation, I would rather stop than to achieve that target because I am satisfy of what I have won, I just play for fun and that is my bonus for what I enter, and that is gambling that is really risky, but if you see gambling as a simple game, it will always fine for you to play. Good point playing gambling just for fun will allow us not to be stress if we lose i like the idea if we win it is just a bonus with the fun and excitement that gambling brings. The best way to enjoy gambling is when you are playing in a physical casino with your friends because you will also enjoy on the place, actually when you are just playing online like a dice games you will easily get rage and it will make you decide to choose your bets.
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Agree, gambling addiction would definitely make us wreck on the long run which we would suffer huge money loss because of excessive playing in gambling and losses simultaneously which causes for us to be broke but if we cant control our selves maybe we would somehow avoided it in the long run.
If we are really addicted in gambling it can really wreck our life, some of addicted persons sells their personal belongings just to gamble and satisfy themselves or just to do what they wanted which is bad. That's the thing that I am afraid to happen in me because it would definitely ruin my life in that case, I would never be addicted in gambling anymore because I am already enjoying it now, before I cannot control myself but now I am more matured.
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The bank is safer but with the bitcoin wallet you can way better make profit because its the bitcoin. Its just how you are wanting to spend your money and if you want to take some risks the bitcoin can be controlled by yourself.
If you do investing and saving at the same time, I think you do not need to choose between the two because the two have their best unique purpose, we are using banks to protect our money while bitcoin to cater our investment, that is the simple explanation there.
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yes bitcoin is good long term investment as you can take your coins when you are satisfied with your profit amount because you will have profit gurrentied
bitcoin is a good whenever you use it bitcoin can long lasting bitcoin can do many acitivities mostly is trading , because trading nowadays is really profitable if you do short term of trading because its not that good when you gonna wait it for long term making profit is not that easy too where you could lose bitcoins That's the normal procedure in trading, we are doing it for a short term because most of us here are day traders, it is true that bitcoin has help traders to make money because the price of bitcoin fluctuates so much and we can make advantage on that.
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They don't i think you're the one who are telling it that bitcoin is dead now anyways if somebody tell you that bitcoin is that thats not true bitcoin is still alive and bitcoin will increase based on the demands and needs not on how many people are using it. That's right, people who are using bitcoin are getting the satisfaction of its benefits because by using bitcoin we have the freedom to enjoy transacting online without any limitation, and also we are able to invest that we do not usually do before.
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I currently can't buy any. Coinbase won't let me, no idea why. I've bought over $15,000 from them years ago. Decide to get back in the game again and they won't sell me any.
What!? Why is that? Is it because of country restrictions? But you did buy from the past so I think that aint a problem. Have you tried creating another account for the meanwhile just to try if the error is in your place or the account itself. If there is a country restriction then surely there will be no website that will operate anymore, I think that is not a country restriction or maybe he is just creating stories here, imagine $15,000 and coinbase would not sell, this is my first time to hear that kind of problem.
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That is why emergency funds shouldn't be taken for granted and not be considered as optional. We should be able to build an emergency fund that is equivalent to 3 to 6 months of what we spend. Better if we can make it bigger so that when the time comes that we are in dire need of money, there is some emergency fund on standby. And even if it is not enough, that should serve as a first aid.
Some say it will be idle money because it will just be sitting in your bank account without earning money. But emergency funds are life savers. Everything else in life can be planned but emergencies cannot. Emergency funds answer for those needs. I agree savings are savings and can be called emergency fund if things went wrong and needed money for it. But if you have savings then you will be not in desperate need of money because you already have the fund for your need. So it wont force you to borrow money from bank or other people which most people who don't have reserve fund actually do when in need of money. But not all people have savings if they are disperate the only thing that they can do is to borrow money to others. or they can also borrow a loan in banks but only people who has job that can take loan.. As long as you have a good collateral for your loan, the bank will give you a loan. But it is not the best option because banks puts large interests on your loans. That will put you in a greater debts even if you missed just one pay. Yes, banks would intend to give you a loan especially when you have a good collateral like house, lot, car and other valuable things. As you said the main problem here on borrowing into banks is the high interest that they put on your loan which is somehow a drawback for us when we intend to borrow from them. No, not really.. Banks do provide that smallest interest compared to other lending institution. Banks are guided by the rules of the central bank and they cannot just offer big interest nor impose a big penalty, the state wants them to operate in a transparent way for the benefits of their clients.
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It depends. Less developed countries usually do not have good banking or money remitting infrastructures. This could help them in transmitting the money over long distances with low fees. That being said, they do not usually have good internet penetration rate which could slow the rate of Bitcoin adoption.
In a less developed countries the remittance is very expensive therefore we have the responsibility to help these people to be educated with bitcoin so they will no longer pay the services of the whales or sharks remittances in the area. They will be help if they will be knowledgeable.
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because bitcoin gives me access to money beyond my ability. I can get the amount of money a lot more than before I know bitcoin.
the same for me, also you can use money without any banking and it is really great for your privacy The fact that you can transact anytime you want or 24/7 and that is very fast of course, that would already tell that bitcoin has a great value on us, and not only that because we can also consider this bitcoin as our investment to make profit in the future.
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Lisk seems interesting, and I actually see a bit of orders on Poloniex and Yobit. I may actually pick up a couple coins now that you mention it.
I'll have to do some reading to see if this is a coin that is actually worth long-term investment.
I agree that LISK is good for long term investment, we have seen the market is really good and so far it performs progressively, we just need more time before it will start to pump again like we have seen in the past, I think the volume is really good and it even beat waves for the value now.
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Maybe in the developed world country there will be less demand of paper money as they will go to full digital, the world is moving toward digital world if you have notice, we have a lot of inventions or developments to make our life fast and easy.
Hmm when you say developed I see Singapore. But I dont know man. Paper money got a lot of history in it. It will be hard for the government to change it specially for the people also. But the government will have no choice if everybody is using bitcoin then what are they going to do ban the use of bitcoin if it's not regulated by authorities? That would make civil wars the next step lol anyways I don't think bitcoin will get far enough to be a real treat. well they could just ban it and sentence to prison the people who are using it and people would just avoid it Even if governments ban bitcoin, there will still be poeple who will use it underground because of the benefits like anonymity. You mean worldwide banning? Then where will you exchange it? No, that is not possible it will be dead once they ban it. There wont be a price anymore even underground wont take it cause there is no value. You will lose all the users with that. If the government will ban bitcoin we will not surely gonna achieve a massive adoption when everyone is dreaming, this will not progress as probably it will only be use for illegal activities and it would not be good for the eyes of the many.
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Yes I must say that I think that gambling and trading is almost the same because the risks are the same and you can with both get into problems and get in big problems because of it too!
maybe you're wrong, maybe gambling and trading is almost the same, but the order is slightly different. if you learn trading deeper, then you will see a greater opportunity to generate a bitcoin from the time you gamble. Well, I guess if you're gaming, your victory is totally dependent on luck, but in trading, you make your own luck by analyzing Exactly, because if you do not have a knowledge in trading and you do trade you are like gambling and that is not advisable especially when we are putting a lot of money as our capital, we might be successful sometimes but still in the long run we will lose.
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if we believe in future bitcoin price will be rising again, i think accept salary in bitcoin is good idea to save our money.
Action speaks louder than words, bitcoin is the best currency so far and if we are just looking at it without any action we will not succeed together with bitcoin, we should also learn how to risk our investment and we must do it now while the price is still cheap and rising.
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At this stage bitcoints not so popular as the dollar. But its popularity is growing. By dollar just all become accustomed. A cryptocurrency a relatively new and many people do not trust it
yeah I think if bitcoin began to grow I believe the future will be bright bitcoin, but I'm not sure if bitcoin could defeat the dollar. I just think that bitcoin might be equivalent to the dollar It cant and will not be equal to USD. Do you think the US government will let that happen? They are striving to lie to everybody for the sake of their strength to control everything and this crypto would just go beyond them just like that? They wont give a slightest way for that to happen. Nothing can beat the government, they can declare using of bitcoin as illegal if they find any threat to there economy, big countries does not want any competition and if they have they will surely beat it so that they will continue to make money from our taxes.
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