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11581  Economy / Trading Discussion / Re: Excessive confidence in cryptocurrency trading. on: March 04, 2019, 10:20:56 AM
Some traders and investors think that when trading with crypto currency, one must be bold and confident and make quick decisions. Is excessive confidence in cryptocurrency trading better than doubt and fear, or is it a big drawback?

I believe that having excessive confidence will not good for traders because it will give effects that we can always make a profit in any situations. We will underestimate other people skills, and we don't want to listen to other people say.

I would say that it will a big drawback for the traders because they feel that they are superior to the others. We need to stay away from this feeling, and it is important for us always to control the emotion.
11582  Economy / Trading Discussion / Re: ★Secret of successful crypto Trading★ on: March 04, 2019, 07:10:03 AM
For me secret of a successful traders are: patience, knowledge in chart analysis, following update in the coin you are investing and most important is research on the coins your are investing ensure that it has a good product to offer in the market.

That will be a big secret that not all traders know because many of us don't want to learn in chart analysis and we only follow with other people suggest. It is not a good idea because we don't know how good they are in trading and if we cannot learn by ourselves, then we cannot make a profit like the other.

There are many secrets in trading which we don't know, and this is why we need to learn hard more than the other people because we want to improve our skills in trading. When you can learn from many websites, I am sure that you will find the benefits that will help you to decide and you will be able to solve the problem you might face in the market.
11583  Economy / Trading Discussion / Re: Are there any Exchanges as good as Bitmex that support fiat or tether? on: March 04, 2019, 06:27:59 AM
I used cryptopia earlier, but now I'm using changenow. It's supporting fiat (usd/eur) and a lot of currencies (tether is listed there too). It's quite safe and anonymous service

Yes, because cryptopia cannot be accessed anymore and they still investigate their problem. I don't think that there is any good exchange as Bitmex, but I don't know because I used Bitmex for leverage trading although I don't always make a good profit. So far, I use Binance and Bittrex to trade, and it's not like Bitmex, and we could only trade as usual, but it's enough for me to search for profit.
11584  Economy / Trading Discussion / Re: Are you following your gut instinct in trading? on: March 04, 2019, 05:51:41 AM
Sometimes, following instinct in trading is good especially if we are doubt with the market. I am not too often to use my instinct because I think as long as I have a calculation or predicting where the price goes, I don't use it. But if somehow, I cannot see a clear sign for the market then I will use my instinct to decide to buy or not.

But it's not always guaranteed to see the instinct can help us because sometimes, we were too greedy to get the profit and it causes us to not listen to our instinct.
11585  Economy / Trading Discussion / Re: Avoid trading unless you are sure of what you do on: March 03, 2019, 08:54:16 AM
But there are alot of people also reached financial freedom and changed their life from trading. In all kind of different business the result only 2 , that is failed and successfully, that depending on the risk management and personal our emotional.

I am sure that they can do that especially if they have skills in trading. But unfortunately, not all of us have the same skills so we can make a profit. We need to learn more about trading if we want always to make the profit which will be difficult at this moment. You need to have more than skills to determine which coins can increase in the next hours. If you can learn from many website and practice, I am sure that you will be able to make those profit like other people.
11586  Economy / Trading Discussion / Re: Margin trading tutorial? on: March 03, 2019, 08:32:06 AM
If you want to try for the demo account, I think you can try with https://testnet.bitmex.com/. You don't need to use real money while you learn.

You can get much information with using the keyword "learning margin trading" on Google, and you can read one by one until you found the good lesson that you can understand.
11587  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the most trending ICO now? on: March 03, 2019, 08:07:53 AM
I don't think there is a new trending ICO now because I see that the ICO is almost the same as the last year. Many of ICO still running and many of them delay the project because of some reason. Maybe this year we will see the previous trend as the last year, and there is nothing new in the ICO.

You need to be cautious with the ICO and remember, you don't need to use huge money to invest because you never know if the project can get success or not. So it's better to not getting involved too deep in any ICO if you care with your money.
11588  Economy / Economics / Re: Cashless Economy: Is Society ready for transformation? on: March 02, 2019, 08:47:37 AM
Cashless India, the Digital India programme is a flagship programme of the Government of India with a vision to transform India into a digitally empowered society and knowledge economy. “Faceless, Paperless, Cashless” is one of the professed roles of Digital India.
Lets discuss!!

I think society is ready for transformation especially for people who can open mind for new technology. They will accept the change, and the new era will comes in their lives. If they think they don't have any knowledge with the technology, I am sure they will learn from many sources until they can be familiar with themselves and they can use for their purposes.

Besides that, with the development of the technology in everywhere, it will make them receive the transformation whether they like or not because that is what will happen in their country. I see that India has a big change to accept the transformation because their people can accept a new thing that is happening in their country. So with the approval from the government, they are ready for transformation.
11589  Economy / Speculation / Re: Bitcoin bulls vs bears... what side are you on? on: March 02, 2019, 07:12:58 AM
I will be on the neutral side because with the stay in the middle of them, and I can follow where the price moves so I can take the benefits for me Grin

We will see each of them will spread much news related to the bulls and the bear, but they will realize that the market will determine where the price will moves. Let them fight each other by spreading the news, and we don't have to be panic if someone releases the bad news because it's not really happening until we see by ourselves in the market.
11590  Economy / Trading Discussion / Re: Binance should stop Launchpad service and pump dump on: March 02, 2019, 06:22:46 AM
Anyway, Binance operator should be prepared for an US intervention, the SEC will not let a scammy exchange run and make money on securities fraud.

I don't think that will be a problem for Binance since they become widely and many traders join with them. I am sure that Binance will take care of that, so traders don't have any problem while they trade. I think Binance cannot stop the pump & dump drama as they don't have full control of the market and they could only stop the pair for a while to make the pair get calm. I think Binance soon will become larger than now if they can maintain their services and they can give better than the other exchanges.
11591  Economy / Speculation / Re: Line in the sand {price predictions} on: February 28, 2019, 03:00:58 PM
It's interesting to see the poll results, majority so far have voted for bullish. No matter the current positive movement I'm more for neutral option because I think it's still too early to say that we are in bullish phase. Maybe when the price crosses 5000$ or 6000$ again but for that I think we have to wait another couple of months.
I will choose neutral because we do not know what will happen in the price of bitcoin. Even it crossed the price of $4000 there is no assurance that there will be a bull run. But, I know nothing is impossible so keep on being optimistic and keep on waiting for the another bull run.

Yes, that is true. Remember when we have already crossed the price of $4000 and even still increase? In the next moment, the price got dump too deep, and I think people are panic because the price is down after getting up. But somehow, my feeling says that the price will increase for a little and maybe it will cross $4000 again because the line looks at the process to go to the higher price.

Arggh, still it's difficult to predict what will happen in the next hours. Huh
11592  Economy / Service Announcements / Re: Do you exchange gift cards to BTC? on: February 28, 2019, 01:56:19 PM
Mmm, I don't exchange gift cards to BTC because I don't search that kinds in other websites. The popular way of getting crypto is from the faucet Grin

Is that really amazon give a gift card that we can convert it into BTC? I never heard about that because I never use Amazon for shopping.

Ahh, I see that you want to help crypto user which have a gift cards from Amazon to exchange it in your website and you send the btc amount to them. I think it's a good idea but you need to convince them about the ease to convert to btc.

How do you exactly expect people to blindly send you their gift cards? how is this different from a newbie asking for a non-collateral loan or a newbie selling some digital goods?

the good looking website does not change that fact that you are a newbie with an anonymous identity , trying to buy gift cards and want everyone else to go first !.

let me re-phrase your post.


Hello , I want to buy amazon gift card for 10% discount, send me a UK gift card , and i will send you 90% bitcoin in 5 minutes, and hey , no escrow.

i am really surprised by most comments above for not worrying about this being another" better looking" scam  Huh

Maybe he should try to look at bitpay services which can help the customer to convert from fiat to btc. Yes, he should have escrow to make the customer believe that they are legit.
11593  Economy / Gambling discussion / Re: New casino vs old and trusted one on: February 28, 2019, 09:46:39 AM
There is always a chance for the new casino to compete with the old casino but they need to gives a proves to people especially to gamblers so they can get a new player that comes to their site. Many gamblers underestimate the new site because they are new, don't have a reputation among the gamblers, the new gambling site needs to give the best services to the gamblers, and I am sure that the new gambling website can reach more players to play in their site.
It is a must to compete with the old trusted casinos, as they're traveling long in the field as well gained the trust of millions of users which is hard to achieve by the new casinos in a short. More casinos have come into usage recently, but very few give users the trust with the outlook and services. Even among the new casinos few are backed by old casinos which give gamblers to use the new casino's for specific events. In this way competence and healthy growth is happening with the old casino's with the new ones.

That will be hard to compete with the old trusted casinos because the new casino needs to give more than to their members. They need to make their members satisfy to stay on the website and play for a long time to get the winning money. I see that in the new casinos, they give some events or competition among the gamblers with the big prizes that the gamblers can win. Of course, this will attract the gamblers to moves for a while to the competitions and try to become the winner.

There is always a chance for the new casino to compete with the old casino but they need to gives a proves to people especially to gamblers so they can get a new player that comes to their site. Many gamblers underestimate the new site because they are new, don't have a reputation among the gamblers, the new gambling site needs to give the best services to the gamblers, and I am sure that the new gambling website can reach more players to play in their site.

New gambling sites are better in a way that they offer good deals but at the same time they are risky to join as they have no reputation and if the owners won't find the business profitable they can scam exit anytime.

Maybe yes, maybe no because not every new gambling sites will do those things and I see that some new gambling sites don't give something useful or benefits to the gamblers. But if the new gambling sites can do more than the old trusted casinos, I am sure that soon they will get many members who come to their website.
11594  Economy / Gambling discussion / Re: Understand addiction! on: February 28, 2019, 09:00:49 AM
From this title in this thread I think that's the key, yeah self control is important but what if someone is out of control and already an addict? of course the key is to understand about addiction, understand what bad things will happen when you become an addict, it will make you aware


I think he still needs to learn about self-control although it is hard for him because if he is addicted and he wants to quit or reduce his time in the gambling game, restraint is the only way that can help him. Without learning self-control, I don't think that he can quit or reduce gambling and maybe he will become very addicted because there is no control of himself.

Besides that, he will lose too big money in gambling, and I am sure that it does not take too long to see he lost everything because of his addiction. He needs to prevent that if he wants to save his money or quit gambling.
11595  Economy / Gambling discussion / Re: The longer you play poker the better you become ? on: February 28, 2019, 04:42:32 AM
What do you think can be a consistent winning player on this game? is this game of skills or luck?
the longer you play more skills you get?
I think if in poker, luck and skill is needed. Because sometime we need to get really good card to win the game even it use our skill to do that. But biggest reason to win match is if we have  really good card and win easily.

Yes, of course. We need luck and skill in the poker game. But I don't think that the longer you play poker, you will get better skill because it depends on how we can manage our emotion and I know it's not easy to manage the emotion. But if you are playing poker without using the money, then you will have a chance to increase your skills in a long time while you play poker because you can get more experience in the game.
11596  Economy / Gambling discussion / Re: How many hours a day are you spending on online gambling? on: February 27, 2019, 02:40:29 PM
Probably just an hour. It's because I don't want to pay too much time in gambling as I feel less control on the next hour due to difficulty in handling my control/emotion.

An hour is too long for me, and I am sure that I will lose money. The longest I play gambling was about 45 minutes, but I don't always click the roll button, and I will break for 30 seconds before I continue because it makes my tension increase hahaha. But indeed, I enjoy playing gambling although I can't win much money.
11597  Economy / Gambling discussion / Re: I LOST OVER 10 BTC IN GAMBLING IN 2018 on: February 27, 2019, 01:50:56 PM
i want to know did you make profit in gambling or lost and i know 99% people lost their money in gambling Gambling is only for fun not a way to make money what you think Gamblers Wink Always Gamble what you afford to Lose Don't Give up LOL
I make profit in gambling but more likey losing. Most likely I'm losing when I'm playing too much and I'm winning when I feel more control to myself.

Then you know the secret to winning gambling games. If you can control yourself, you have a chance to win, and yes, you win. But I am afraid that you will lose control when you are lost in many times in the games so it could attract you to play more because you want to recover that money. Still, you need to have an effort to handle yourself not to become an addiction.
11598  Economy / Gambling discussion / Re: Roulette - what to bet on? on: February 27, 2019, 11:10:45 AM
For me, roulette was a difficult game. How if you try with dice game? Grin

You can have a chance to win for the money, and it depends on how much your bets. I don't think that there is the best way to bet in roulette because it's a game of chance and I think we depend on the luck only.

So if you already calculate the average of winning and you found that there is no difference, I think you get the answer that in roulette, you cannot find the best way to bet.
11599  Bitcoin / Bitcoin Discussion / Re: Who would actually believe celebs promoting crypto? on: February 26, 2019, 04:50:47 PM
usually celebrity just want to promote when they get the endorsement, and i think that bitcoin will never endorse anyone to promote bitcoin, so if there are many celebrity that endorse bitcoin or cryptocurrency i think they promote for other platform or they want to share to another people

We are here to endorsement bitcoin to be known by the public, and we spread all things related to bitcoin using social media, news and article, video, and else. But for the other project, I think some of them use celebs to help them promote the project, so people will know that the project was launch. I think the project needs to pay the celebs because the celebs will use their fans to promote widely.
11600  Economy / Gambling discussion / Re: How will the possible ban on internet gambling in the US affect Bitcoin? on: February 26, 2019, 04:00:24 PM
But I think they will considering to not banning online gambling because if they can take those profit from gambling, they will allow online gambling.
Apparently the more casinos that appear which do not pay taxes the more the governments will try to ban the access to them. The government is like that - they want money from your gains and will do any method to extort money from your service. The casinos who pay taxes will get the upper hand here and possibly this will happen in future unless some other workaround is found. Defenitely the capital gains from the coin at the price against fiat would be used to calculate it.
Hahaha, you are right, I am sure that the governments will do whatever it takes to get the tax from tax. The government will protect the casino which can pay the tax on-time and they will make sure that the casino doesn't have any problem.

But I think they will considering to not banning online gambling because if they can take those profit from gambling, they will allow online gambling.
Apparently the more casinos that appear which do not pay taxes the more the governments will try to ban the access to them. The government is like that - they want money from your gains and will do any method to extort money from your service. The casinos who pay taxes will get the upper hand here and possibly this will happen in future unless some other workaround is found. Defenitely the capital gains from the coin at the price against fiat would be used to calculate it.

Quote
Besides that, we could still play gambling using crypto, and I think we can use so many online gambling which using crypto. And crypto was not designed for only playing gambling.
Gambling sites and trading are the major expenses for the people in this forum. Cool

I see nothing wrong in casinos paying taxes if that is the case. It going to be tough to get the cryptocurrency based casinos taxed though. I guess if casino generate alot of traffic from the country the government could end up going after them.
I am not sure about that because I never search for information about that but I think they get the tax by secretly without any people knows Grin
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