I didn't know until now that most people gamble using credit cards. The ban is certainly a good thing. People who gamble using a loan are clearly addicted and should be prevented in doing so. I don't even know this was even a big thing duh. Why don't people use debit cards instead? Well, it is not a good idea to take big risk with borrowed money. The lenders are probably worried or protecting themselves knowing that the chances of the borrowers paying back on time or even atall is low.
People could guarantee they'll pay back on time before borrowing. That guarantee could come in form of collateral. But who will take such a risk? If no one, why then take big risk with people's money?
On credit cards, the lenders are bank and I don't think they take any collateral. I guess people are doing it because they're so addicted to gambling and have easy access to money that they don't have in form of credit cards. Thats the danger of credit cards where you can spend out directly and even it do have limits but still a devastating thing. Its a good decision for UK government for them to stop out uncontrollable spending of gamblers online.Did they included Debit cards? And also this would be an opener for u gamblers to switch to crypto if they wont have any options left. Uncontrollable loss of money is also the effect of using credit cards in gambling. As you start spending money out of credit cards then it is very hard to stop as you want to recover all your losses. If that happens, self-discipline will help you to prevent that. Practice self-discipline and controlling your emotions will do. Credit cards in gambling will make you more addictive and can bring you stress. Gambling should help you entertain yourself and relieve your anxiety, not to give you problems. Try to use fiat so that you can easy to manipulate it rather than wasting it. |
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Do you have ideas how possibility for richest person above 100 person want to make bitcoin become with higher price, I think when 100 richest person want to be as investors with bitcoin and altcoin they can make fantastic time with bitcoin back to unbelivable price because they can make bitcoin touch with higher price and make supply bitcoin increase limited.
Can you repeat that in a known language? If it were used for actual commerce worldwide I can imagine it would lift a considerable number of people from grinding poverty who otherwise wouldn't be able to participate in online economies. But Bitcoin won't change much in terms of the overall distribution of wealth at the extreme of either end. Online economies are lorded over by people at the top who'll keep swelling. There'll always be whales. There'll always be peons. The best we can hope for is a slight softening. There's nothing as instant in this world. Everyone should work hard to earn something or to have something for himself. They should learn more about cryptocurrency and don't rely in the government to give them what they want. Sometimes it is necessary to seek help, but what if there's an opportunity but you're so lazy to grab it. So my suggestion is to think of something that will help you to get out of poverty. Try to invest in some altcoins to have some small profits. The solution for poverty is hard-work and patience, government has nothing to do with your money. That's why many people are poor and not rich. |
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Well i am in the same boat.
Just out of curiosity, is there any still recovering from the deadly bitcoin price in late 2017?
or fully recovered and seeing profit? or Sold away at that moment or later?
We don't know whether the potential for increases this year could be greater than in 2017, but people always talk about this. I better waste assets for it. I quite believe that the price can exceed the highest price in 2019, so there is a possibility that it can reach the ATH price like 2017, or even close to that. Still i'm holding my bitcoin that I bought in 2017 and i'm trying to recover using some altcoins. I invested in altcoins in mid 2018 and I think by this, I will lessen the value of bitcoin that I lost in 2017. Due to so much hoping that the bitcoin will increase its price more, I already lost the opportunity of having a huge amount of money. How I wish that I could turn back the time in 2017 so that I can correct my mistakes and change my mindset of holding too much bitcoin. |
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Hindi kaya coincidence na lang ang monday? Kasi as price matters hindi ka babase talaga sa araw like what if nag-pump ng monday eh naka-set na sa mind mo bumili every monday, sigurado akong malulugi ka kundi ka man malugi eh mas matagal 'yong idle time mo para makapag-sell ulit since sa time ng pump ka bumili. Maganda 'yong mga may mga graph graph na 'yan pero minsan 'di siya solid foundation para mag-decide kung kailan ang best day bumili bagkos mas magre-rely ka sa price movement bawat araw para mas ma-execute 'yong best time para bumili. Maaaring karamihan sa ating bitcoin holder ay mas nagsisimula sa unang araw ng isang linggo kasi mas iniisip nila na magandang simulan ng Lunes, kaya't sa trading volume nagrereflect yung kanilang pagttrade pero nagkakataon din na Lunes pumapatak ang pagttrade kaya't masasabi na maganda ring magtrade sa araw ng Lunes. Ganunpaman ay maganda rin namang maginvest kahit sa ibang araw. Katunayan nga ay pare parehas lang naman kapag naginvest ka depende parin yan sa kung papaano mo papangalagaan yung nainvest mo. |
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I found lots of threads here on the reasons for losses or the ways to earn in the long term.
Some of the threads are quite useful, but here I'd like to put special attention to risk management. Many traders, even those who use cool strategies lose. Everyone loses sometimes. This is a rule of the market.
I have been losing a lot lately. The market is just unpredictable specially with bitcoin. It moves from price to another and it cannot be seen even with technical analysis. I do hands only and not using any types of bots and many times my emotions gets in the way. Hundreds of dollars in every trade and I think I may stop for a while just to make a bigger come back later on. Yeah, this might be helpful. The person to blame is you, yourself. That is because of your wrong actions, wrong move, and wrong manipulation of your bitcoin. Practice critical thinking and planning for you to execute all your choices perfectly so that you'll avoid losing a certain amount of money. The best way is to learn from your mistakes and never lose hope. Although, having a break for a period of time will help you to reduce your stress and then make a better comeback. |
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I think we'll just have to wait and see. There are no definite factors that affects Bitcoin's pricing during Chinese New Year. Moreover, majority of cryptocurrencies are held by Asia. Take also in consideration that not all traders are Chinese which can be a factor in which Chinese New Year may not be relevant at all in terms of pricing.
Since it is consistent during everu month of February, the possibility of it having good impact in the market is still high. During Chinese new year, many people spend their money and those money manipulates/moves in the market. Since Chinese people has a the biggest population, each and one of them can own coins and multiply it by their population, look how much they can contribute and take effect in cryptocurrency. |
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If you're bullish on bitcoin on the long term, why not just simply hold it? Historically, just simply holding bitcoin can earn you a good amount of gains. And not only that, when you passively hold bitcoin, you have time to do some other productive things instead! You can use the time(that you're not trading) to learn stuff and start businesses.
But of course, control your risk. Bitcoin, stocks, and businesses. Don't go all in.
Proper manipulation of your coin is much important rather than focusing on earning. You also need to maintain or improve your strategies that keeps you away from losing profits. That's right, that you don't need to invest anything in order to earn more money. Sometimes, a small amount of coins will do, depending on how you will handle it and make it worth it. Also don't just hold, try some efficient and effective altcoin while bitcoin's price is still low. |
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4. Maging positibong ang pananaw sa hinaharap. Ito ang pinakamainam na maiipapayo ko sayo kapatid kung ikaw ay nalugi. Loss is loss pero may mga lesson ka na matutunan along the way. Dapat kang matuto at hindi maglugmok sa sulok. Maghanda sa susunod na pagpapala at tumulong din sa iba.
Accept! Ito ang katotohanan dahil hindi laging panalo sa trading minsan din may talo din lalo na sa bearish market. Pero gawin natin itong positibo sa pagbili ng murang halagang crypo currency. Hindi sapat ang positibong pananaw at pagbili ng murang halaga ng altcoin ang solusyon para makabawi sa trading. Dapat may kasama ring research. Aanhin natin ang 1 satoshi na coins kung wala namang bumibili? Kailangan pa rin nating maging reasonable ang positibong pananaw sa pipiliing coins o token na bibilhin para maiwasan natin ang malugi o mawalan ng value ang ating holdings. Tulad ng sinabi ko, kailangan pa rin natin iresearch ang coins mapahistory man ito ng project o history nito sa market. Tama ka kabayan, pasensya na at hindi ko naialagay na ang dapat lang natin bilhin ay ang mga reputable coins at dapat talaga na inaanalisa natin muna ang mga coins na ating bibilhin kung ito ba ay mapagkakatiwalaan at makapagbibigay sa atin ng profit. Karapat dapat lang na maging mas mapagmatyag at suriin ang mga coins na sinusubukan mong palaguin dahil maaaring ang mga coins din lalo ang magpabagsak sayo. Kapag natatalo naman tayo, dapat ay magkaroon tayo ng oras para sa ating sarili at isipin kung ano ang dapat pang iimprove sa pagttrade hindi lang dapat tayo nakafocus sa pagkita at paghawak ng pera. Matuto rin tayong magmanage at disiplinahin ang sarili if kailangan bang mag trade o hindi naman. Kada pagkatalo ay magsisimbolo ng bagong simula upang makabawi ulit. Tuloy lang hangga't maraming oportunidad. |
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As the title suggests. I am a newbie trader and have recently found out the benefits of trading options. The hard part is that there are just too many things I see that I have to fill to execute a trade. Are there any guides that could help me understand trading options? or any platforms that makes it easier for trading? Thanks in advance.
Complete newbie ? 0% knowledge even on basics? If yes then better to start up with Babypips.com, finish up the courses and im pretty sure it would help you out on your trading journey. Dont consider options on your list yet this would be most likely to be a gamble rather than considered to be a trading.Better focus on manual trades, it might not be similar in options when it comes to profitability but the risk is much lesser. If that's the case, look for more information here in trading discussion and find some topics that will really help you. Also seek strategies and techniques to other people and after that try to follow and observe how it works. Trading options need a lot of time and effort to execute it completely without and problem or errors. If you trade on your own without the help of bot and other automated trading sites, it will improve your performance a lot. |
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A lot of HODlers here. It may make great dump if they will want to finally sell
yes it will .imagine 10 million bitcoins , not just that but the number is growing when combined with other institutions or just the regular individuals that also hodl bitcoin . it was like a dump that never seen before . it was bad to me if that happens but good to some because they can buy btc 's . what makes me stronger is that i know the possibility for that to happen is only slim because people will always expect for more price hike , the higher the bitcoin price reach There are still a lot of people who believe in the ability of bitcoin in terms of economic growth or it is very profitable. Although, it is not that reliable nowadays because of its price, but the holders are still hoping for the bitcoin to give them what they need and want. Many bitcoin are wasted and were not moving because of the holders that have so much expectation and hope in bitcoin. But in this time they chose to suffer from waiting and the only thing they have is patience. |
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I have never saved a site or recorded a video about crypto, there are many sites about crypto, if the site that I always visit is deleted I will look for other sites, because I'm sure sites about Crypto won't be completely deleted.
I agree. Im pretty sure that lot of people saved it so why do I need to saved in myself. I can search it to get information if I want. But having collection of records about bitcoin was really helpful because you will know the status of its value. We dont actually need to save a compilation of videos and texts about bitcoin or even the crypto world because we are now living in the 21st century meaning to say we are in the technology era right now. Even if we dont have any record we can still find a lot of this through internet most especially about the bitcoin and the crypto world. But it will be easier for you if you really save or record some things about crypto because if you don't save it will took a lot of time and effort before you find them. There are some cases that you need to find it because there are important details about that, for example, the time of transactions, the date, the website and anything more that will help you to observe past transactions in cryptocurrency. |
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King hindi tayo susubok ulit walamg mamgyayari, may kasabihan nga tayo ang siyang umaalis ay hindi na nagwawagi kaya naman mas maganda kung magstay at magtake ng risk dito sa cryptocurrency dahil malaki ang opportunity dito kesa sa iba marami ang nalugi pero hindi ibigsabihin nun ay katapusan na agad dahil marami pang pagkakataon para ikaw ay kumita at kung ikaw determinado na gawin talaga ang pagtratrading.
Tunay na kahit kailanman ay hindi sagot o solusyon ang pagsuko sa kahit anong pagsubok na ating nilalabanan. Kapag sumuko ka, para mo naring pinigilan ang karapatan at kakayahan mong magtagumpay dahil hindi naman sa hirap at sa kung gaano katagal nasusukat ang tagumpay. Nasa kung papaano ka magtatrabaho at gagawa ng sarili mong paraan para malampasan mo lahat ng paghihirap. Napakaraming paraan upang umasenso sa cryptocurrency basta't wag lang susuko dahil marami pang mangyayari hangga't patuloy kang nagsusumikap. |
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Reality is that davis is right, you can't just send a company bitcoin and expect them to deliver gold to you, first and foremost there are international laws that bans movement of gold from one nation to another that easily, usually it takes a lot of customs to go through and 50% of them fail, Nothing are instant when it comes to cryptocurrency, most probably there are no companies doing that for just one person like you because companies are also smart. They will not do something that they will not earn money or profit because of the things you want. In addition, there are really laws that prohibits converting digital money to gold and we all know that gold is very sensitive when it comes to government. Definitely, you could deal with just fiat transactions that is equal to gold, so a company holding gold for you but whenever you want to cash out they sell their gold in their nation and pay you the fiat equal price for it? That would be easier to handle at least and would be doable.
But that is a long process that you should follow in order for you to achieve what you want in your bitcoin, It will take a lot of time and effort but if you really want that to happen. Do it now so that you can comfortably own your money peacefully. |
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Stay away on that exchange site or find the reputable one. All exchanges also have bad reviews, there's just that some exchanges didn't fix the error they have in their platform and focus on their service. That's why the bad reviews continue to occur still they don't something about it. You can choose Binance as the number choice of all traders because they had experienced a good service on this exchange.
Binance also have bad reviews but also minimal and not that important. That's why its people and the volume of their exchange is the highest among those other exchange. Also Binance has a lot of good features that other exchange doesn't have, and it is very reliable in the sense that it is very easy to use and secured. There's no such thing as a perfect site for exchange, also binance experience some bad reviews and hate in their review section. But the good reviews are still dominant that's why it is the most trusted and reliable exchange. |
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It will also be interesting how much money can be generated in this fight.
We all know that Floyd vs Conor generated tons of money, I'm sure at some point there will be some comparisons about it. The fight depends on Pacquiao though, is Manny willing to put his legacy on the line here?
I mean, why not? Pacquiao would be interested in this fight. Not just because of the money but also the fact that McGregor fought with Floyd and saying that he has a high possibility of winning on this match. The proof that he's holding right now is that he said that he has a lot of hits than Pacquiao did with Mayweather. That is in the past so we do not know what will happen now if Pacman and the Golden Boy face again. But in terms of boxing, Pacquiao will really dominate Conor because boxers have a wider span of stamina rather than UFC fighters. It was proven in Mayweather vs. McGregor, Conor was already tired that's why Mayweather seize the opportunity to beat his ass up. Same in Pacquiao vs. McGregor, you really think that he will win? In terms of UFC fight, maybe but it is about boxing. Manny Pacquiao is already a legendary boxer and how can you think that Conor will win. On the other hand, no matter what's the result, it is all about money. |
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if you now are trying to improve your trading profits then that means you already learned how to read charts effectively. why would you consider yourself newbie still? improving trading profits is more advance than learning to trade itself. Trade With a Multiplier This would be an easy way to get quickly liquidated too lol. People shouldn't call using margin an easy way to get profit. Trading on margin is extremely risky and for a newbie without proper risk management, it's just an accelerated way to wipe out their trading balance. Trading on shorts, yes that's a good tip because a lot of people might not know that they can profit from downward movement too. Short selling might not be intuitive at first but it's not that hard to understand. It's more clever to just short when you feel it's the top rather than wait for the dump and buy lower which would take more time. its not about when we feel like its the ath price, it varies to the time frame you are trading and what the indicators are telling you in that particular time frame. everything has risk but make sense to use "multiplier"in bear markets. leverage like they say amplifies the risks. Technical Analysis in the market is the most essential and helpful thing to do in trading because it will depend your strategies and plans before you do a transactions. You can consider yourself still a newbie if you notice that, when you trade for so long but still you didn't have a large profit or it didn't reach your target profit. So that you need to change your strategies and learn from the mistakes you've made. Help yourself grow before your money, and know that patience, hard-work and critical thinking do to your trading experience. |
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To be honest, I am really confused.
It is said that this is Trump's fault, some say it is really Iran's fault and they are really plotting something to America. I don't know what to believe in and I know for sure, winning aside, something is also fueling this war, get it?
Everything is now different actually. Even the delivery of news is on social media and they are trying to spread a fake news. Actually it is impossible for the USA and Iran to have a war. This is not the old days where in you can just start a war. Today is completely different. We have so many things to consider like UN and laws that assures that war cannot be declared in just a snap. Now, both countries are silent and calm but we don't know what will they do in coming years because they have a lot of issues not only the death of one of their Generals. Although US just killed a certain person but Iran really did something brutal other than that. They shot a Ukrainian plane and it is much worst than the killed General. But if the war continues, it will really destroy a lot of agricultural society that will leave people dying and they can encounter famine. |
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No one ever buys nor sells anything in Bitcoin: Stores that claim to " accept " bitcoin are just providing a quick and easy way for you to convert your Bitcoin into US DOLLARS, which is what the store operates on. All pricing is done in US DOLLARS, the store purchases their stock, pays their bills, and makes deposits into the bank and operates in US Dollars. Having to convert Bitcoin into US Dollars at every transaction is MORE COSTLY, More Complex, More Time Consuming than just using US Dollars. Using Bitcoin to pay in a store is NOT the better more efficient payment system that BitCoin initially promised, some stores are just willing to do the extra work, and go to the extra expense to get your business. SERIOUSLY, could you imagine trying to run a store, and price something in Bitcoin  If you are still to dumb to get it read a few examples below: If I were looking at car's, a they were advertising selling a Toyota Camry for 3 Bitcoins, one day it would be a total bargain, the next day a fair buy, and the next day it might be massively overpriced. Would you rent an apartment that really operated on Bitcoin, priced your lease in Bitcoin of 1/2 bitcoin per month That would have been great at the beginning of the year, and you would be evicted and homeless now as the price more than doubled. How about get your salary paid by BitCoin, lets say in January 2018 you took a salary of 1/10 bitcoin per month. You would be working for almost nothing a year later. WISE UP PEOPLE, realize the difference between using bitcoin as a currency, and converting it t US Dollars to use as a currency 🙈🙈🙈🙈 It is not wise to use the bitcoin as price of something as the price is very vulnerable and it can change pretty high or low anytime. So others are offering their products price via USD or any currency that are stable and they accept payment via bitcoin equivalent to the price in USD. As there are very few stores right now that can afford to gamble in bitcoin vulnerability especially that bitcoin price can be easily manipulated by big investors. Bitcoin is a very stable method of payment. You cannot deny its value and importance depending upon its fluctuating nature. It is strongest among all, and will soon gain a powerful place in everyone’s living. If you are calling it as vulnerable by comparing it with USD or other currencies, their price can also fluctuate. But the benefits you can gain from Bitcoin cannot be provided by the other currencies. The problem here is the volatility of bitcoin in the market, and it is impossible for holders to just hold it. Maybe some of them still but and sell bitcoin depends on their plan and vision on the bitcoin in the near future. It is about expectation and prediction if it is worth it to hold or it is worth it to sell now. Bitcoin is a risky thing to invest but very fruitful if it grows like what you've expected but they say that in bitcoin, "Expect the unexpected". |
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For people who does not have enough income to live a comfortable life, we try to find ways to end the struggle, we take big risk to gain big rewards so if we will be successful, we don't need to work anymore and just enjoy the rest of our life doing the things that we can't do due to lack of money.
are you one of the people who dream like this?
As long as that thing is productive... i mean you can change someone else's life positively with what comes out of "doing the things that we can't do due to lack of money." And your "products" have to be very safe for other people It is better if you have a degree. Good education can bring you to success and achieve your goals. Education is still important nowadays because if you have that, you can manipulate yourself how to understand the world and do the right actions. In order to achieve that good education, you need HARDWORK. Hard work will help you achieve anything with patience and determination. I suggest you to work hard until you are knowledgeable enough and achieve higher positions. Because gambling is just about luck and uncertain. Gambling will just waste your time. While it's not too late, work hard for something with passion and do not just rely on your luck and fate in life. |
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Future manipulation is unpredictable on anyone. Because BTC is a decentralized platform so huge investors are easily manipulate the BTC. Nowadays market stability is depends on BTC pump and dump so we can survive any situation because of crypto potential. I hope every year some countries are legalised in BTC so every year we some positive uptrend. Once it will globalized, manipulation will never occur.
Manipulation by price pump and dump will be always happen because there are already too many people are holding thousands BTC and i'm sure they're making a group of people who can control market movement. I'm sure a big group of whales could posses 1 mil BTC and when they move the market must be going crazy either it's pump or dump There are types of manipulation exist and those are controlling the price and manipulating the fuds, And I don't literally believe on price manipulation by having a millions of btc since for sure there's no people hold that and the strongest fact there is maybe they are riding the fuds to lower down the demands that's why we can see those fake and other bad news coming just to make the price of the bitcoins cheaper and those rich guys can buy and earn on the next pump wave. It feels like a Market manipulation because you can control the price and the time when you will buy and sell. It is impossible for someone hold a huge amount of btc, it is very hard to mine and buy because of its uncertainty in price. The whales are the secondary enemy when it comes to bitcoin. First, is the Market because it is very hard to understand and control the market. Whales can either lose or win the games because of the strategies they perform. They took advantage of the moment and doesn't let anyone hold some. That's why it is very impossible to hope for a better circumstances in bitcoin. |
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