Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Once you engage or involve yourself in business industry whether it is advertising, micro finance, traditional, franchising, or online business we must put in our mind as a business minded person that losing money is not just a part of the business but a part of the body nature of our business. Meaning, any fears, and emotions has no longer space in the business. Yeah, I think even the most stable businesses go through situations that generate losses. But the important thing is that such events occur less frequently, and it is necessary that studies and planning be done so that the risks are reduced, and consequently the losses are mitigated. |
|
|
|
In both sectors there is risk involved but in trading buying and selling will be in your control, but were as in gambling it depends on luck. When compared to gambling little bit safe because even though we will make money even the price decreases but where as in gambling it is possible once we bet either we will win or loose.
There is a big different in trading from gambling. You can be successful in buying and selling coins, you always make a wise decision. In gambling, you will never know when you will win and if your luck will come and help you especially you are playing against the house edge. Obviously the house will not accept to lose a lot of money, that is why the design of these games do not let that happen. I think in gambling almost always the risks will be very high, and the moves are difficult to predict. In trading the thing occurs differently, everything happens based on events occurring in the economy, so I think it's easier to make predictions and more accurate moves in this case. |
|
|
|
We are now experiencing the efficient, fast and amazing convergence of technologies which one way or the other greatly contributing to the rise of the cryptocurrencies and making Bitcoin as the King of the Hill so far.
Looking into the future...what do you think will be the scenario involving Bitcoin twenty years from now? Will Bitcoin be worth more than a million or will it ceased to exist? Or will a new crytocurrency replace the supremacy of Bitcoin...?
Our life always upgraded every year and become more digital. In the next 20 years, our life will become more digital and maybe bitcoin can be the part of it. Every people around the world will using bitcoin as the main fiat and cryptocurrency will noticed by all people. We never know though what happen in the next 20 years. yes no one know that what will happen in next 20 years but we can expect that the price of bitcoin will much more high as compare to the present price, and almost on third of the population will be using bitcoin , because after 20 years we can expect that most of the people will be using online facilities. It is a very long time to know what can happen. Until these years pass, several halving events will occur, the number of users will be much greater and other things can happen. There may be things that affect Bitcoin negatively too, if scalability issues are not resolved or if more efficient technology comes along. However, I believe Bitcoin will continue to evolve over time. |
|
|
|
Bitcoin has multiple use also.You can hold it for future and you can invest in other crypto.You can trade the bitcoin and make some more with bitcoin.
Unlike gold you dont need government permission or very large investment to mine bitcoin.
Bitcoin is for everyone from trader to businesman.From men to women everyone can use bitcoin for their needs.
Bitcoin is for everyone indeed, we have the right to use it but we need to be responsible also. There are many ways on how we can use bitcoin in our daily life. It has been part of my lifestyle easily, my day will be incomplete if I can't see my coins. I think in the short term, in fact Bitcoin can be a risky investment for many people, but in the long run there is a good chance that Bitcoin proves to be a rewarding investment. That is why it is recommended, for individuals without experience in trading, to be patient and hold Bitcoin. |
|
|
|
|
Good job finding this. I have noticed an unusual amount of users opening threads here in the forum in the last 24 hours, complaining about transaction confirmation delays.
At first I thought it was a troll. But now I see what the problem is. This can also be one of the reasons for the panic selling in the market.
|
|
|
|
obviously you are paying a higher price because of the fees, I have never used one before but you should check if you are correct about the price. anyway 7% means $963 when price is $900 and if there isn't any other fees and if "paying with cash" is what you want then I guess it is ok if you use it.
It is always connected to the internet so it sells per time according to the internet exchange rate, though the exchange is described to be $50 or more than other sellers, with the 7% transaction rate, this is where the owners of the ATM gets to gain. This high rate is one the reason for slow adoption in some countries This rate is too high, and is probably a consequence of the fact that there is still not enough competition to make companies lower the value of it. This is likely to be lower in some countries, but in most places, under such conditions, it would still be better to use conventional methods, which are exchanges and localbitcoin.com |
|
|
|
compared to the usual drops after these run ups, it is not in any way significant.
Yeah no significance that bitcoin is going to be back at $750 from now. But what is happening now it makes me happy that the flooring price now is good at $900 and it is still gives me hope that the price of bitcoin is going to be back at $1,100. But while waiting for the price increase, somehow it bothers me if the price will go down. Yeah i don't think theres anything to worry about as currently btc is back to +900 and is now pretty consiatent at that range for a week now. There's been a lot of forecasts that btc may go beyond 1k again this first quarter so im not really concerned but im looking forward for that to happen In the long run, that's probably true. Now I'm curious about what events are pulling the price to values below the $ 900 range. There are some individuals complaining on reddit about transaction confirmation delays, and pressing the community to support SegWit as consequence of it. I think this may also be related to interference from the Chinese government, in exchanges that don't charge trading fees. Both events are probably affecting the price... |
|
|
|
I don't see any site who's selling medicine nor pharmacy accepting it, and i think the one who accepts that is at on dark web and thats totally risky since you cam possibly buy some fake and shaddy medicine out there thats why its better to cashout your btc and buy to those legitimate stores and so by that you can assure that the medicine you buy is a authentic/real procude by legal authorities.
I think it is better to convert Bitcoin to Fiat rather than take the risk of buying a medicine with the wrong composition, or a poor quality medicine. I believe there must be reputation systems to avoid these problems, but I'm not sure if such systems are already efficient. I think the only people who take the risk are those who don't find the drugs by conventional methods. |
|
|
|
I canīt really see bitcoin breaking the $2000 barrier, not in the short term. First theres some things we have to solve, like the blocks sizes and time per block.
We're struggling with trying to break the $1000 barrier, let alone trying to get above $900. I think we saw a rise to $940 a couple days ago but promptly went back to $900. Especially with the PBOC now cracking down on the Chinese exchanges, I think it'll take some serious news for the price to break barries now. I guess there would be no significant impacts from China as they got regulated heavily. Right now bitcoin is getting appreciations with its real potential because prices are seeming so stable and moving up the very slowly. The rising demand from all over the world and Trump's new policy of "power back to people" may bring bitcoin above $2000 levels also. The current price is result of a number of political, economic and social aspects. So probably the Trump government will have some effect on Bitcoin, but I'm not sure what level of impact this can bring to it. I think that the ecosystem has not expanded enough to receive influence from certain political events... However, it is important to study them, as they're key elements in making more accurate predictions. |
|
|
|
no one hates coinbase, some may not use it, but they do not hate it, this is one of those OP's that is just trying for attention and something to talk about, another attempt to get a useless conversation going about something that does not exist
true I think no one people hate Coinbase, each people has its own criteria for wallet they like. so when they do not use Coinbase, it does not mean they hate Coinbase It looks like coinbase is among the most used exchanges, so I think in fact many users benefit from it. However, I think the OP is trying to understand why there are so many complaints here in the forum, there is a number of topics where users complain about the service. Some of these reports may be considered to be false, of course, unless there is consistent evidence. I think Coinbase support should check these complaints to find out what's actually going on. |
|
|
|
there's a lot of ways to start creating your own bitcoin gambling site but first you must have enough capital to start with and second you must know the flow of every gambling games and lastly you must know how to manage a business even its a gambling site there's always marketing strategy even if its not market i mean you must put some things that can attract players and make them play on your site.
Enough capital would really be needed because you cant start a gambling site if you dont have enough money and its not really an easy thing to build your won gambling site because it would really require knowledge and good management for you to be succesful on this field.Shall we say you build a gambling site and you dont have players on it then it would be still useless. It seems like there is already a wide variety of gambling websites in crypto, so I think in fact it will take a lot of capital to be among the best services. I believe it is also possible to start with less money, but I think it will take longer to have a good level of success as it will take a lot of work to make the website differentiate itself from others... and good marketing will be essential to give visibility to the service. |
|
|
|
Totally agree. I will never sell my Bitcoin no matter how low the prices are. I never feel panic when I see the prices drop. However, I find that there are not many people are the same as me. Most of them sell their Bitcoin whenever they see the prices lower than they expect. That causes a lot of damage to the Bitcoin prices and the market. Poor those people.
We cannot blame people if they sell their bitcoin whenever the price goes low that is their own strategy in earning. The impractical thing is when you sell all your bitcoin because of panic selling and regret after the day when you saw that bitcoins price becomes higher. Now that you've talked about panic selling, I think part of the recent sell-off is certainly related to it, because the end of these types of operationss in exchanges that do not use fees is probably something that will bring benefits to Bitcoin in the long run, and people who know Bitcoin very well know that this will not affect the use of it. |
|
|
|
I know maybe a little bit about bitcoin right now, I haven't bought any yet. All I've done is play some stupid gambling games like pocketdice ( fuck that ). Now after researching, I decided that I wanted to get serious about bitcoin... I know I should just Google it, but I wanna know more from the people here who are pros at this business... As a newbie, how should I start it? Should I buy BTC and just hold it? Is there any trustful and safe ways to profit it? Is investing in cloudmining like Genesis a good thing? ( probably not ). Any tips on how to start will be great. Thanks  I suggest to you bro that stops playing gambling if you still keep losing you better to stop playing gambling and don't invest in any HYIP's and Cloud Mining sites there are all scam!, you can do trading but you must know what are you doing better to learn first before you do trading there's a lot of tutorial out there you can search it on google or here. There are different ways to make money in crypto, and even earn a living from it, but surely gambling is not the best possibility for such a purpose. I do not see problems if the individual sees this as a form of fun and invests only what he/she can afford to lose. However, when one goes beyond limits, this can cost money. |
|
|
|
More and more people around the world are seeing the multiple uses Bitcoin has in which to enhance their lives, not just as a store of value, but as a cheap way to send money back and forth, especially those who have family members in developing countries at home where usually remittance fees in fiat are very expensive.
Bitcoin has a good future, it's not that bitcoin has power nowadays, even though it was the first one and known as an innovation it was also powerful in the past and was a good motivation and still is for others to start a new cryptocurrency adding other features that bitcoin does not have. Probably many people have tried making something new getting inspired by bitcoin but they could never beat bitcoin in doing that, because bitcoin has got its own value in the community which nothing else can take until it finishes forever which is a dream which can never come true IMO. The fact that it was the first decentralized cryptocurrency has allowed Bitcoin to achieve a number of accomplishments, even before other currencies had a chance to enter the field. It will really be difficult for another currency to bring together a community as active as the Bitcoin community. In addition, achieving the same level of stability and decentralization would also be a very difficult challenge. |
|
|
|
If trading is not your passion better you quit trading. I couldn't agree more with your decision. For now i think you can use your remains bitcoin to other business. I prefer you to invest your bitcoin to legitimate site that bitcoin related, mining and multi pool is also very good ways .
But I think if a person is not that much better in trading then he will not be able to start a business or any other work which will be more tricky in than trade. As according to my views if a person spend that much time in trade then he do not leave but earn a good income. If the person does not have much capital and experience to be a trader, opening a business can be a more profitable activity. This will depend on the business, of course, and the conditions present in the market. Starting a business in the cryptocurrency space may be a good idea, especially because it is a field that is still in the early stages of development. |
|
|
|
When the knowledge and trading skills are in place, signature campaigns, can be a good source for raising the trading capital and eventually both activities can get along concurrently, bringing in more coins and better life.
but the income that you earn from a signature campaign is not a good one, as compare to trading in alt coins. one care earn a fixed amount from signature campaign while trading altcoin can give you a lot of bitcoins if the price of signature campaign you have invested your money . I agree that signature campaign can be use to accumulate capital for trading. But it will not give you enough for the time being to support yourself. There is no other way if you are starting from a scratch but to find a stable job then look for side jobs for extra earning. Signature campaign cannot sustain your lifestyle. But if someone is better in economics then only a smaller fund is also enough for his to take the start of his professional life. Like only with a smaller pocket money or with the earnings from a signature campaign is also enough for his to start trade or to start a smaller blog to earn further and after more progress he will get more income from that trade and blog. I think it is possible to invest in the market with small amounts, but to get to the point of earn a living from it, this will take a lot of time. So I think that for individuals who do not yet have much capital to invest in, it is important to have another source of income, more stable, and to consider trading as a side job until there are enough conditions for it to become the main activity. |
|
|
|
for some reason we need alts because it shows competition inside crypto industry if bitcoin alone it will take some time to gain some good cash and because of alt industry we able to get some options to trade our btc and hold some alts and sell it when the market shows strong movement i see alt as a another options to earn.
Some cryptocurrencies, in addition to having a larger market relative to others, have interesting proposals, and in fact may have real use in the future. The problem is with coins that offer features that do not solve any real-world problems, and work like pump and dump schemes. Such coins lead some users to lose money, and this is not a good thing for the cryptocurrency space. |
|
|
|
|
No system is one hundred percent safe. This becomes even more difficult when it comes to something that works over the internet. However, there are ways to avoid problems when using this, I think that almost all problems could be avoided if users take the necessary security measures to protect their coins.
|
|
|
|
I prefer play with profit but if i win a lot of profit like 50% of my invested bankroll then i will stop playing for that day and play another day because i've always experienced in the past that every time i play longer i always bust everything.
Longer the time you spend in a gambling site the more chances are there for you to bust and it is simply called house edge  I would book my profits and keep the initial capital away from the gambling site as you never know when you are going to be busted. it's same thing i guess , when you decide to play with your profit or not. as sooner or later you would make a comeback and gambling again with that profit fund. unless if you quit forever from gambling after the last winning , it would has different story. so there is no difference for me. It is difficult to find a formula to know the right time to play and the right time to stop. But in practice, what you see is that when the individual makes a lot of money, if he/she keeps trying to increase the gains in general this brings losses after a certain point. Some people make this mistake by not knowing the game, others make these mistakes out of greed, in both cases is necessary to have a greater level of knowledge and discipline to prevent this from happening. |
|
|
|
If there is a Bitcoin disaster, before it would happen I will convert it to Fiat. Good thing is that my Wallet is 2 in 1 which it also has a Fiat Wallet. I would convert my Bitcoin to my Fiat Wallet before the disaster happen and when the price has fallen down Ill convert it back again to Bitcoin in that way I have increased the quantity of my Bitcoin and will profit from it once it goes back up again. Of course it will take time but it is not risky at all.
I think many users would do the same thing, especially people who have made enough money in crypto. But the main reason for them, obviously, would not be the fact that they made lots of money, because if there was potential for better investments, they would certainly do it. Instead, I think the main problem is that there are few currencies that are worth investing in. And to answer the OP, I would consider investing in Litecoin or Monero, under current market conditions. |
|
|
|
|
Show Posts
