A lot of people wonder what is the criteria of a good gambler, here are some of my thought about good gambler
a good gambler never chase profit
Profit might be the first reason why people gamble, but a good gambler never attached to the profit, the most important thing in gambling is excitement and fun experience, having profit is just the bonus
a good gambler able to control himself / herself
Self controlling is very important in gambling, without a clear mind there will be a lot of mistakes in betting and even causing reckless betting and losing all of the money in split second
a good gambler know when to stop
Setting a limit is very important in gambling, setting a lost limit will prevent you to over spend your money and setting a win limit is also important because in the long run the house got a bigger chance to win due to the house edge
a good gambler never cause any problem to the surrounding
A good gambler know that the chances of losing money in gambling is huge, so a gambler should never used daily needs money or borrowing money to gamble, and a gambler should never think of robbery or stealing to gamble
a good gambler can accept lost
When losing a good gambler won't blame the surrounding, cursing or accusing the casino as fraud places, losing is the half part of gambling, if you can't accept lost then dont start to gamble
a good gambler should able to manage the time
A good gambler know how to split the time for family, for friends and for gambling, a good gambler never neglected family or friend just because of gambling
We must encourage people to become a good gambler, so people won't always have a bad judgement about gambler
If a person follow at least two of these above 6 points he will definitely be a good Gambler and he will not never miss any profit and don't make any losses in his gambling. Maybe he can be able to do those 6 points but once he is going deeper in the gambling games, he can lose all the things he starts, and he also can lose his money. Playing gambling will attract him to go more and more without thinking about the risk that he can get at the end of the day. But for a gambler who can always control himself, he can prevent the bad things that might happen, and he can be a good gambler. |
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We know that the consequences of gambling are we can lose the money, and that is the biggest things we should care about. When we were playing gambling, we need to know the limit of the money we want to use as the bets so we can stop when the money is almost gone. We need to quit gambling as soon as possible to save the last money that we have so we can learn from the gambling games that we cannot depends on gambling to make money. It is dangerous if we risk all of the money to chase the big jackpot in the gambling games.
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In crypto currency it is likely that
You will fall.
You will fail.
You will stumble.
But facts remains that you must always pick yourself up as long as you remember that you are in control of your portfolio and choices
And Nobody else can decide for you because you have
Nobody to blame for wrong decisions except Only you.
Remember Only you have the power to change your options and choices of investment
Your time will come with you prevailing
Even the best strategy does not remove mistakes and losses, it all depends on the market itself and its shortcomings. So you need to always adjust and do not stop there, if you want to achieve more. Yeah, but you don't have to afraid if somehow you make a mistake because of your strategy is not working. You can always make another best strategy for the market so you can be able to make a profit in the next time your trade. I am sure that when the time is right, and you are in a good position, the profit will come to you because you deserve to make that profit. It's only about the right time, the right place you can make a profit like other people. |
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I think it will come at March-April, because all technical indicators tell me that it will happen very soon! So make your portfolio great again.
We are now in the middle of February and the next month is March, and I hope that the bull market will come in March. But I still not sure that the bull market will come in that month because we need to see bitcoin start to rally to break $4k first so then the altcoin can increase too. After the altcoin makes the one level safe, then bitcoin will make another rally to reach the higher price. |
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In 2018, the market has not yet reached its target, it has experienced a drastic decline, so far there has been no change, of course we hope the best for the market will be back again, hopefully in 2019 a good year for cryypto to be better hope of all
That's what everyone always hopes for. In 2019 there may be an increase in the crypto market to recover. At least it can increase from the previous year. I personally hope very much this year crypto will recover until the years to come If the price can increase higher than the last year, I think we can try to get the profit because many of us still getting stuck with the higher price. I am sure that we will use the chance to sell and wait for another down of the price so we could buy more at a low price. We have the same hope that wants to see the crypto recover in this year, but we are not sure about that and only wait for the time that we can do now. |
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Before we make a decision, we know about the risk, and this is the important things that we need to realize. After we know the risk, we know that we also have a chance to make something and we can decide to take the risk because the reward is bigger than we can think. Without trying what we want, we don't know if we can prevent the risk or not and only with a start we will see how good the results. So if we realize there is a risk that we should face, we don't have to give up, but we need to try so we will know the result.
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i can vouch for this exchange. ive been using this for very long time already.
actually, there was a time that i kept my btc in this exchange for more than a year. and didnt encounter any prob whatsoever
until i decided to run my wallet again
btw, i dont understand why there are articles going around about polo being a scam???
I think that articles want to make people panic and besides that, people know using KYC for every member, so I think they don't want to complete verification. But I don't know what their purpose because I trade on Poloniex too and I don't have any problem until now and like other exchange, Poloniex still safe until this day. Better people be careful to read the article because we don't know the truth of the article. Poloniex had no verification. And since are registered in USA they had to add it, then people that used fake personal information got locked out of their accounts. That pissed few people off. But them using fake names will always get them in troubles. Poloniex use verification to increase the level of the member, and as I remember, I follow their suggestion to send the document for verification, and I think they don't allow the member to trade without verification. As long as we can take attention with our account, I think we don't have any problem to trade in the Poloniex, and we can feel safe to stay in their site. |
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Thanks for the tip. I didnt realize that until lately about the 2 percent daily changes. Yes this could be profitable with a good settings. recently it went to 8 percent gain. So the stop loss could work but I guess I will still be monitoring it for this big changes that is happening. But 2 percent is safe enough for me.  Yes, indeed. Stop loss can work if the price still going down and with we monitoring the chart, we can know where the trend will go so we can decide. But sometimes stop loss is not working especially if the bull market happens because the price will bounce after it's down, so our target buy can miss the good price to buy. But stop-loss helps us to prevent a big loss. |
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How about we make some talk show in our city, and we can invite some expert in the crypto which we know, and that person can explain what cryptocurrency, the benefits of the cryptocurrency for our life, the easiest of using cryptocurrency and else is. Maybe this could work well as we see that many people in our city don't know about crypto and they need to be enlightened and then after the talk show is finish, we could make a schedule to gather them to talk about cryptocurrency. We cannot focus on social media only, but we need to reach people from our real life so they can know, learn and use crypto as we did. I think this could help crypto to be spread widely among them and if all cities in the world do the same things, then I think we can see cryptocurrency will become globally.
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Both can happen at the same times but I don't think that will happen because all traders will have a different decision and that is what we are going to see later. If all traders decide to not sell bitcoin, then the market will stop but I don't know about altcoin, follows to stop or continue to being traded. And it will soon we will see bitcoin will end because no one wants to buy or sell and it makes the price stops moving although the supply still continues and maybe the price can fall deeper.
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Not all altcoins are following the steps of the king, "Bitcoin". For some reason, the demand and supply plays a big role in the market. If you can observe how the orderbook works, it explains it. Also, sometimes some altcoins as I've noticed, are having a delay as to price pumping.
Besides that, not all traders will sell the altcoin to buy bitcoin because they can hold the altcoin or they can lift the price so they can get double profit. Everything can happen in the market, but as you said, not all altcoins are following bitcoin price because some altcoin can increase whenever bitcoin is down or up. So you need to choose the right altcoin to still make a profit from both bitcoin and altcoin. |
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When we want to create a business or investment, the risk will always be there, and it depends on us to accept the risk, or we leave the opportunity to start new things. When we know about the risk, we need to know how to solve or manage the risk so we can minimize the losses that we might get later. At least, if something becomes worst, we could find a way to solve that problem so we could still survive and continue the business until the condition is back to normal.
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I don't think it is a signal of bullish trend in this situation since there will be such no tolerance if there are dumps again, if it dumped, people would still selling bitcoin to 1000$
Let see what will happen later but at least, we can have a chance to sell at a higher price. And if the dumps happen, then I think people will make a queue to buy bitcoin at the lower price. I am not sure if the price can go down until $1000, but anything can happen in the crypto world so I guess that we need to prepare for the worst thing that might happen later. |
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Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?
Adoption i think doesn't take place only if bitcoins price is high,although its a big factor that people wanted to engage with it but for me,time is the most important factor that bitcoin had existed and be adopted.As many people knows and heard about bitcoin adoption takes place. right, time will answer all that, adoption is not helpful for the development of bitcoin. especially from that the good news is awaited to boost the development of bitcoin. we know that now is very boring, but understand to be patient so that we get what is expected later, namely price increases How if we can say that the adoption will help bitcoin to become popular and many people know about bitcoin so they start to use bitcoin and the time will answer about when bitcoin can reach a fully function in the transaction. I think it sounds better to heard and I am sure that this will gives an impact to the market too because when there is a demand from people, the supply will follow and it will push the price to increase higher. So that means, the adoption reaching goals and with the time is right so we could see the bitcoin will be at the higher price. |
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Yes, that is green, and you saw that. But although the pump is not too higher, I am glad to see the green so I can sell some bitcoin that I bought at a lower price. Not bad to take a small profit because it still means a profit for me and I think many people sell their bitcoin at a higher price. I hope soon, and the price can break every wall in the market so we can see a rally of bitcoin price.
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I won't ask about that question because it will make me got depressed and I cannot start trading. It is better we start trading without looking at the other people. Every people have their way to start trading and we have a different balance of money so it is not wise if we asking that question. As long as we can make our profit and collect that profit, I am sure that we can reach our goals and even we can have more than we can imagine.
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There are too many altcoins you can choose in the market, but with some research, I am sure you can find some coins that you can buy. Start from top 10 list and analyze the coins, and then if you can find less than 5 coins, you can move to the top 20 list, and I think you can find more coins to buy. Make it at least 5 altcoins as your investment, but it would need to research before you buy because, from all coin list, you don't want to make a wrong buy and makes you cannot take the profit.
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I hope with the price now can attract the buyer to come and buying bitcoin again, and this will bring new hope for us who are involved in the cryptocurrency to see the bitcoin will rise. Although we could still not know when exactly the bull market will happen, with the price increase yesterday, many people will realize that bitcoin still strong to survive, and they will not lose hope of bitcoin.
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There will be new people will have an interest in cryptocurrency and blockchain technology, and it's not just because of the bearish market. I think the bearish market is useful to reset the market and leave the greedy people because they only want to make a profit than to follow the journey. I am sure that from this year, cryptocurrency will reach more people, besides that, cryptocurrency still new things that many people don't understand how it works. So soon, they will learn more about cryptocurrency, and they will involve in the blockchain technology.
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There is only one way that we can do to stop promoting scam project. We are not promoting any project that will release, and we don't care about every new project so they cannot launch the project and scam the people. They cannot continue the project without help from other people who promote the project unless they already have big funds that can facilitate their own project with their money. With doing this, I am sure people doesn't have to lose their money in any project, and they can allocate their money to other things.
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