Knowledge/learning and experience/skills are two different things. Just knowledge won't get you anywhere, you will need experience and skills too.
Very well said. Just knowledge can’t take you to the highness of something. Experience must be in pair with knowledge so that both can cooperate with each other resulting to make a good move. Same is the case in trade, you being panic can’t make good decisions. You must have knowledge, just use your experience that you had with your last time panic situation and make a good profitable result. Don’t be panic, get experienced with it. |
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Investing in Bitcoin is simply putting time and money into it with the hopes the price will continue rising and you will make a big profit in the future.
Yes, it is like other investments everyone do. You do invest your money in business, share buying, stock market and much more. Investing in bitcoins as said is investing your money and time. You just have to be concerned with your intention of trading. Put your money in trading. Buy some bitcoin, save them or sell them as per you strategy. But as a whole, it is like any other investment we make. |
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So if you have the means and skills to create a website, why don't you do it for a genuine business instead of playing the fool around ?
There are many ways to earn a decent living and you should try to earn honestly. Maybe the honest earnings will not be so enormous as you think a hyip can bring, but in the long run it will pay off.
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I think the value of bitcoin will soar high because of the law of supply and demand. If the demand is high by that time since all bitcoins were already mined, its become more and more valuable.
A nice thread by the way! I have also thought about it once or twice. If all bitcoins are mined that means no more bitcoins are available to be possessed until or unless we buy it from someone else. There can be many consequences, the value will definitely shoot up but everyone will have his own value. Bitcoins is not controlled by anyone so there is actually no policy formulated for it that can cause chaos ultimately. |
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Banks will not start a war against bitcoin. There's simply no need. Banks may develop their own blockchain technologies and take advantage of it. Bitcoin is just like gold, it does no harm to the banks.
yes defenately the bank will play against BTC in the future they will make a bank too switch to crypto currency or blockchain so all the money they are holding will simply in there hand and not to any other 3rd party Or the banks have one other option. Instead of coming up with their own new blockchain technology which will take some time in order to get adopted by customer, they can implement the existing one by accepting bitcoins like the central bank of Philippines has legalized it. However, if they will reject it totally, consequences would be different and definitely not in their favor. |
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I don't think that banks fear cryptocurrency. The real currency of each country is more in demand becausec people uses money to buy stuff for their daily needs. And not all the people doesnt know what cryptocurrency and how they will earn it.
If we look a little deep into this matter, then the question arises whether digital currencies and fiat currency will coexist or one will have to sub suede other ? If it’s the first case where both currencies coexist, banks do not need to fear. However I doubt its happening. Majority is getting attracted towards crypto currencies and that’s a bad news for banks and governments. If they want to survive, it’s better for them to accept BTCs and other digital currencies. |
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The real is the one we can use for FAST AND CHEAP transactions across the globe. Which one do you think fits the criteria?
The other is slowly and steadily drifting apart from this to become a "digital asset" or "digital gold" with no real use.
is it a joke ? i think to compare bitcoin with bch is like comparing father with son. i think both have no comparison. bch have given this hype only because of bitcoin and both are very different in working. if we compare the transection time of both there is a difference of earth and sky in both. i think only etherium is something comparable to bitcoin. Yeah, bitcoin Cash has earned its fame just because of Bitcoins. FAST and CHEAP transactions are just because there are very little users. I mean, if a shop has only one customer to serve, he will be immediately responded while if there is a queue of hundreds to take care of, it will take some time. Why there is a queue on the other shop ? Because it has more good features and that shop is bitcoins. |
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Bitcoin, and crypto as a whole is a very good oportunity, just be sure to not invest all your money in it and be carefull with your private keys, be smart.
Pretty good advice except the thing you said “not invest all you money”, this is because bitcoin will always give you profit but it is your duty or I would say that your decision that will leads you to lose or loss, if you are smart then you will never loss by bitcoin ever, because you know that greed is curse, so invest all your money and get profit by play smartly. |
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Do the rich now begin to invest some of their money in bitcoin?
Yes, rich people have more opportunity to make more money from bitcoin because they have more investment. The more money you invest in bitcoin the higher you can get the profit, I think it is very easy way for rich people to make their money double or even triple. The good news is the investment of rich people also benefits us, because it make bitcoin more expensive. |
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buy a bitcoin for now then stock it in many year then you will got a big profit
There are two things in your statement, those are what I am already following, but I agreed and slightly differ with one of it, you said buy now, yeah it is really good time. You said stock it for many years, well that is not really good to wait for many years, you can wait for some months then collect you money and enjoy. You do not have to wait for such a long time in this way you cannot enjoy your life. |
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I always prefer holding, but you also have to feel when it is the "peak". And be in time to sell at the moment
Yes that is also my point, it is up to owner that he have to predict the peak price, if he will miss the peak price then the loss will be his own, so try to check regularly the price graph and make your way through it, try not to miss this peak price. Planning, strategy, risk, it all depends on you, so be smart in this game because if you want to make good profit then be gambler. |
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Of course. Most popular ia through gambling and there are more than a few bitcoin gambling sites. Though i think you understand that this always comes with a risk of losing. Choose carefully which game you're going to play to have a better chance
It is easy to earn bitcoins without any real investment other than your time by joining gambling sites. However, if the earning is easy then losing is twice easier. Thinking to become a rich person in future by just betting here and there is just a bogus thought. In fact, in no time, the user will become an addict and outcomes will be totally horrible then. |
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The worst mistake in gambling is,
When we are not able to control the game being run.
And when we menyiakan profit that has been in the can,
until finally run out of all profits and funds that have been in deposit
We really can't control the game alone and this is the mistake that every gambler experience. When we think that we are able to beat the house but this is just leading us to frustration because we do really can't beat the house alone. We have to depend on our skills and luck alone but not all the time skills and luck isn't enough. I also agree with you on this that the worst mistake in gambling is simply being over confident. Once you have bet your money, then you should opt for playing on the safer side as a next step. Never think about winning against the casinos all alone. It is not possible to do so just by depending on your luck and skills. Gamblers need to be more conscious about the environment in which they are playing and stay calm as much as they can. |
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Yes i think bitcoin can improve our country because bitcoin give as a chance to have a extra income even if you are in home or busy . but many people didnt know the bitcoin so i think if all people know this bitcoin i think our country improve a little bit becuase many unemployed people it can be use bitcoin .
As a matter of fact, bitcoins are definitely helping unemployed people with jobs. There are many who have even left their jobs because they are more with bitcoins than their regular jobs. The only hurdles as you said is that many people are not still aware of this technology are afraid to give it a try. With little motivation and awareness, they will surely jump into this field. I am foreseeing a world where everything will be available for bitcoin payments. In that case, bitcoin alone will be deciding the per capita of all country people, which is the state where bitcoin is directly linked to economy of every country. |
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Funny, I took a course in econometrics in 2009 just as bitcoin was coming onto the scene. It was actually the last college course I took. Definitely no mention of bitcoin then, but I'm sure somewhere in the thousands of courses being taught that btc is being mentioned. It's too big not to be at this point. I hear kids are even using laptops in class nowadays. Lol
It's funny but i think it will possibly help our economy to become high again. Bitcoin will helps in the sense of many people have money and so they will make our economy increase. I don’t think so there is anything funny about bitcoins helping the economy of the country to improve and become more stable. That’s crystal clear when people will be all employed and earning good capital, eventually this will make state economically stable. I strongly believe in the power of bitcoins about making a country stable. Nope, maybe technology Blockchain can add to the study program Economics class and Bitcoin as an example using it and success story. Because next target of road map cryptocurrency world is apply Blockchain to outside and using as platform payment of coin create by company or bank or even government!
There are enough chances for bitcoin also to become a subject. To understand blockchain technology better we must need to analyze bitcoin first. So, no academy can ignore bitcoin systems. |
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Why is someone get addicted to gambling once he gamble ?
I think the reason behind why people addicted in gambling is the prize and they know that by playing in gambling will help them to get more income easily and instantly. In addition to that, some people are too greedy in playing gambling and they lose a huge amount of money and bitcoin. They get addicted in gambling because they know that they can make easy money. However, playing in gambling doesn’t make you rich. people is curious with the prize and they still playing although they know that they can lose all the money. for the first time, people is not thinking that playing gambling can get them into addicting but later if they have playing gambling in many times, then i am sure they will become an addicting gamblers. Addiction is a much difficult to understand. Its not only about gambling. There is an addiction to a lot of different things such as cigaretes, Alcohol, etc. Addiction is coming from the brain. There are people that are tend to addict more than others. Gambling causes the people who are involved in it to become addicted in a small period of time. Being addicted to something is a synonym for zero or no control over your emotions. Addiction has no physical existence it is just how you respond to some circumstances or what are your emotional requirements regarding an act or hobby. it is easy to understand when you have got experienced enough, when you think you have crossed the limit and don't know how to stop playing while deep inside of you actually you are rejects every single reaction from your brain to your body to force gamble again. that time you have considered as an addict , and it never easy to get out of it. It is pretty easy to discover whether you are an addict of anything or not. Try to stay away from that particular thing for some time and you will get your answer. If you miss that badly and want to do it again more than anything in the world, then you are an addict. Even if you decide to not gamble again but still it keeps on running on your mind 24/7, gambling addiction is running in your veins and it is a bad news. |
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I've been gambling for years, witnessing that I've lost everything a lot of times, I know that trade does not always compensate for small losses.
Why not trade can compensate what makes you say that the next best alternative after gambling is trading over here you need brains luck won't work at all. In gambling luck also doesn't work always but trading if you have good sources and good brains you can easily make good profit yeah it's makes sense if you expecting to make money through trading rather than through gambling it's a reasonable one indeed. besides trading gives you less risk with a little bigger rewards you can learn it by take a look to those people who successful enough invest their value by trading , pretty different for those people who successful through gambling it's work temporarily only, in the end mostly just get back to zero due the -EV . I also cast my vote for trading. It is a respectful, admired and working way to get rich. It has risk but anyone with good analyzing skills and curious nature can overcome it. It does not depend upon one's luck rather hard work and patience are the only two factors that decide success in trading. Gambling is luck which may hit you at least once in a life but people get the wrong idea when they win. |
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I don’t need to limit myself in gambling because my lack of money already does that for me, lol. But seriously speaking, I do set limit to my gambling by betting money I can afford to lose. I manage my money as responsibly as I could. I make sure some go to savings, the other goes to necessities, and the rest is to gamble away.
LOL. That applies for me too. I can't gamble as much as I could because of limited resources but I do set myself a limit because I can't risk gambling away money that are for my necessities. If I set a limit then that's it. Whether its a win or a lose, I will just stop because I learned my lesson well in the past that I almost lose my money for things that are more important because of my emotion that I can't control because of string of losses. for people which have limit budget, i think its really useful if we make a limit when we playing gambling because we know when we must stop and when we can continue played. beside that, when we set a limit, we know how long we can playing gambling and if the times is up, we need to quit the games and leave the place. I bet the usefulness of limiting oneself is not only for those players that have limited budget. Limits or discipline should be done by all players. This will enable them to prevent themselves from gambling addiction and be able to enjoy gambling games for lifetime without creating negative impact to their family. Gambling is not bad but what bad in it is the inability to set limit to oneself. Everyone has limited budget even millionaires. If they will gamble around insanely, end up losing every time (pretty impossible though), they will also become beggars in no time. All of us must set boundaries on everything. Enjoying gambling for lifetime and not getting its addiction at the same time is impossible dude. However, the limit must be set for the amount being used for gambling. |
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You’ve said it yourself that your greed is your own downfall, that should be warning enough for you. Cut your losses early. Do not get used to the mentality that you could always win back your losses. It works but not all the time. Some of the time it leads to rage gambling and addiction. Winning is an illusion if you don't know yet, it will cost you a lot of money for you to understand what is the real meaning of gambling. It's better to invest your money into something profitable than to waste your money on nothing.
Looks like you have experienced all of this. I really feel sorry for those people who know what is wrong and what is right, but still embrace the wrong option. They are hopeless. Most of them do not lay an ear to whatever you have to tell them. I will advise them the same, quit gambling before it’s too late. Gambling becomes regret more than a lesson. Grab the chance while you still have it. Be greedy but fulfill your greed by right means. |
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The biggest threat to bitcoin is from within, groups trying to hijack its brand and its development, first already done and goes by the name of "Bitcoin Cash", the next is planned for a few months from now and goes by the name of "Bitcoin SegWit2X".
Governments and banks will embrace bitcoin because of its property, much like gold.
1000% agree... this is what can kill all cryptoworld ("forking") ... GO and start forging your own coin! some little group of ppl "just cutting own peace of cake", but this "cake" not belongs to anyone... It's valuable until it's decentralized!!! No one can encourage his friends,colleagues to invest in BTC while it's can be "forked" at any time:( It's like you have some gold coins and someone came and "cut little peace" from it... nobody, from "real world" ,may accept,such eventuality... "Go, and start forging your own coin"... this must be ,only answer for all, future, " wanna fork BTC " guys... Fellow, not "peace", it must be piece. Don’t mind me. I just can’t stop myself sometimes from correcting. No matter how many groups hijack BTC and release crap like BCC, none can take place of the classical Bitcoins. BTC has a large community and it is attracting masses over the world. So, no need to worry. BTC is safe and it is the real King. Everyone knows. Stay calm and love the KING! |
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