The safest investment for a year from now I think is Bitcoin. Bitcoin will have its halving event around May 2020 and it's an enough sign to know that the price will be growing and might have its new all-time high. Other's coins might follow Bitcoin and you can have higher return but you need to pay more attention of what you are going to invest in.
Op will be train to the Army and he will not focus for sure because he is on the training, but choosing bitcoin now is more sfa ecompared to the other coins as the movement of the bitcoin we can see price increasing again and after 1 year or the year 2020 mayne the price become very high or more than $20,000 which what the highest value of the bitcoin hitted. That is the most mainstream answer, even the OP does not need to ask you, he will know the answer. but we know that in one year everything can happen, even for lower price than noe, I don't guarantee that all cryptocurrency can benefit to you in 1 year term mate |
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No, bitcoin is not a religion, though there could be parallels with religion in how some investors behave. For example, this forum has a hierarchy with rules and expectations. The community has its own goals with expectations of behaviors. If people fall short of these expectations, they can get scolded and excommunicated.
Bitcoin can never be a religion. It is a revolutionary piece of technology wherein people are obsessed knowing the true identity of its creator. Although there may be some similarities (like you mentioned), there are still factors to be considered especially that bitcoin has only been in existence less than 15 years. but bitcoin doesn't have rules? freedom is everything in cryptocurrency, so I don't think religion requirements exist in bitcoin. You don't need to be confused about this, you don't need to do any obligation like what religion has to do, just do what you want in Bitcoin. Right Bitcoin is a masterpiece of a technological development in the financial sector |
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In large transactions, yes, bitcoin could be useful and viable to move funds around easily, but if we're talking about instant and fast payments, other cryptocurrencies might be useful and sort of preferable in those situations. Of course, current payment processors would surely adapt the technology embedded on different blockchains and better themselves, creating a payment ecosystem with wider options and safe alternatives for the consumers to use.
in the future payments using bitcoin will be more instant, I'm sure of that. for now I also recognize that payments with old methods like cash are much simpler and instant. but it's true what you say that payments like large transactions or transactions with people outside the country, of course bitcoin is much better |
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I don’t think the next halving is the last hope for bitcoin. IMO, adoption and other stuffs can help to push the price of the bitcoin as well. But no doubt, halving can help to push the price as well.
therefore my hope is this year with the help of users who want to adopt bitcoin that will help bitcoin to experience price increases in recent years There’s so many ways to pump the market, if there’s a new improvement with bitcoin it can bring good price. The next halving will be great also but I think this is not our last hope. I agree that the mass adoption is still the key for the growth of this market, bitcoin moves slowly but surely and we will reach it soon. Agree, of course there are many ways for the price of bitcoin to rise not only for halving, even a few times prices skyrocket not because of halving but for other reasons. so stop thinking that halving is the last hope and the only way to pump the price of bitcoin |
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As the situation is very uncertain, my approach has been wait and see, so i couldn't make much profits. I have been holding all my coins and hope that the trend would reverse soon. There has already been some positive signs in the market.
There are good signs of a bullish market and I agree with you on your opinion, though the market is currently up especially bitcoin but most of us still will not sell since we bought at a higher price and this increase is not enough to give us good profit. For all of us to be satisfied bitcoin needs to surpass its ATH by creating a new and it's expected we will see an altcoins big rally that time. for the current conditions it has not been confirmed about the arrival of bullish or the end of bearish. but the OP asks about the strategy applied when bullish, and it has nothing to do with the current condition #imo I think the best strategy when bullish or before bullish is to collect as much bitcoin as possible and wait until ATH |
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Many people think that gambling is a way to make quick money, but that's not the case. When i started gambling, i was quite happy, as i won a few round and make some quick money, but as the time passed I just lost all my funds.
I am one of those people who strongly believe gambling as a place to make money. If I am not doing it with the aim of making money, why then am I now playing? I am not disputing the fact that the game is interesting and can as well be entertaining, but the goal of playing is always to make money. Most of you all that always blame people not to see gambling as an avenue to make money are not always been sincerely to yourselves. You incautiously play for money but you are not aware and that is the reason you feel sad whenever you make loses. If you actually play for fun alone, then you wouldn’t feel bad when you lose. Keep believing gambling as a place of income and you will come out of your nightmare the day you loose an amount that will take you months to recover from the hurt. Gambling is meant to be an entertainment and if you trace down to the history of gambling you will realize that people who played then did it more for fun. I am not disputing that you cannot make money from gambling but don’t let your mind see it as a place for money, otherwise you get thorough hurt the day you loose and that mindset can make you commit big money because you want something big in return. Just be wise Maybe a lot of people will agree with you. We not means if gambling is something that make money. But if someone already think gambling is be something that can be income source, he will end with bad. I don't think so, actually I think that besides being entertaining, I hope for win and profit too in gambling. which means, I hope gambling is my income also, but in reality gambling does not make nightmare to me, I draw the conclusion that there is nothing wrong with your purpose to gambling, the important thing is you know the limits and controls |
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Yes, I think the winning mentality "can get me whatever I want." It's a very important way to win the mentality of winning, it boosts the confidence of winning. If you do not have the mentality of winning, then there is a lot of potentials for you to lose that has a bad effect on gambling. And on the other hand, if you play gambling with a win-win mentality, then you are more confident to play with confidence. And your confidence in you makes a lot of contribution to winning.
Though it boost our self-confidence but still we need our luck in order to win. Not really that bad if we loss cause not all the time we've been like that and would think that maybe next time will be our time. Being in a state of winning mindset will help us to be strong and never lose our hope. Having a positive mindset also will also improve of how will you handle your funds and how will you bet unlike losing you go batshit and you'll performing bad decision like doing YOLO. but that doesn't make you win right? yeah I also believe that a positive mindset is important to stay in control. but having a mindset to keep on winning is a bad thing, you also have to be prepared to lose, so you won't be surprised by the end result |
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actually the big risk can be minimized by managing risk. of course we need several strategies so that a large risk can be minimized. big risk and big results seemed like gambling, in investing in cryptocurrency requires a good analysis so that we can exit the market and enter the market correctly, so as to get measurable results too
Well, risk management can limit the risks in the investment process but when we are in an investment that has great risks, this risk management will not help them too much when situations in these investments are very unexpected and we don't have enough time to process. In addition, as you say, big risks and big results only talk about gambling, investment is not gambling, sometimes big risks do not bring great results, so investors need to calculate everything, from profits to risks that may occur before investing, actions such as gambling are not allowed in investment That's partially true, but in my opinion the big risk will also provide big profits too, not only in gambling. for example when you believe the price of a coin will rise and you have to dare to allocate more funds to buy, and that means the risk will be much greater, but you have chance to get bigger profits also |
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i agree the market is still in bearish, but for daily trader like me this is the best opportunities to do some pimpong trade. crypto still legit even if the price bellow 1000$.
Yes daily trader loves the volatility, they make money on this especially if they are able to ride with it. The market might not be good in terms of the price right now but I think, we will not fall below $4k again. Don't spread the FUD, let's keep on thinking positive and bitcoin will go up. The incoming dump is not that much, I expect a more pump this month of May. Price going down again might be bad for the growth of this year, but we can still trust that bitcoin will rise again. I would buy if it will dump again, bitcoin fundamental is good, so it will not bother me if it will dump anymore. The history will repeat itself, every time it dump, it will always bounce back hard and we will certainly enjoy the price when it bounce back. First bitcoin won't fall to $1000 or $3800. and Fomo actually makes prices go up. but Fomo might hurt you. if you want to profit, don't rush into action. You will not miss anything if you are good at doing analysis first mate |
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Self-control is hard in gambling despite of the strategies that you have, this is a biggest challenge for every gambler. Its sad to hear that most of the gamblers are still playing with a lot of greed most of the time when there's a losing streak.
True, the most difficult part in gambling is self restrain especially when we are winning during the early rounds of play. We think that we can win again since we have experienced it but gambling is gambling, it is a game of chance. That's what usually happens in the gambling, we experience a win at the early rounds so that it gives us confidence that we can get profit again. if you really are looking for profit then save you profit, by quiting for playing that day and gambling again tomorrow |
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It may possible to make that happen even though these days and recently months passed bitcoin quite low, but I believe it will recover soon. As we know bitcoin is unpredictable so, while bitcoin now is stil in low price, I think its better to buy more these day.
So it means for you that each satoshi will become $1 each in the future? Bitcoin now are doing great again and we expect price increase more next few months. Buying bitcoin is one of the best do of the user of the crypto because they help community and they help they self to earn money. if 1 satoshi costs 1 dollar, that means 1 bitcoin is worth 100 million dolars. bitcoin will be the most expensive online commodity in the world, and that is impossible for me. even though throughout the world using bitcoin though, the price will not be that high, we are optimistic but not over dreaming |
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Nothing big things will not happened in my life in this type of situations and there is no big moves will not been taken by me in the bear market so it will be like we cannot make the things probably the best so I am waiting to take a chance and make good profit in best days.
I also sometimes confuse what I should do when conditions are difficult such as bearish, prices tend to fall more often and if you make just a few mistakes you might suffer losses. much of what I do is just wait and waste time, that's not the right thing. even when bearish opportunity is still exist, you have to be more observant in seeing it |
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People never want to refuse on the cryptos if they know actually what is cryptos and how much growth it is having every year.  indeed, there are still not many people who know what cryptocurrency is and they are still confused about how to benefit from cryptocurrency, but I am sure there will be many people who enter the cryptocurrency world and there will be many people who become rich in cryptocurrency. Agree with this, outsiders do not really know about bitcoin, thats why they have not dared to try to use it. they have self-defense naturally to avoid something that is still unfamiliar for them. actually promotional assistance from people around them. of course it will be very valuable |
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Your goal is very supportive of the development of bitcoin, right if many people use bitcoin, the higher the price of the coin. I have always been thinking and giving positive messages to my friends to invest in bitcoin. Hopefully bitcoin can become the world's first digital currency.
There is nothing hopeful, it is the world's first digital currency that has added a new word cryptocurrency to the dictionary. By now each person cannot help with mass adoption. There is continued spreading happening through the word of mouth from each and ever user. Through me more than fifteen people came to know about bitcoin, but very few have began to use it. Of course knowing what it is is a lot different from actually using and applying that knowledge. I think by now majority of the people have either heard, watched or read about bitcoin one way or another. So word of mouth and curiosity did it's part in making people aware. But adoption is when people accept bitcoin and it's uses. That'll be way harder to pound in people's heads than just simply letting them know about it. Thats our job to convince them to use bitcoin. yeah you're right maybe a lot of them have heard about bitcoin, but what they hear is very different from the facts, many people know bitcoin is an MLM and Ponzi business, that's the fact that i heard about in my environment, thats our job to create an image bitcoin is improving |
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On a betting game, we all know that the house always win everu round. With this i think what if i try to be the house. Not thinking about the paperworks, locations and legality. I think its a very good business and you dont need much effort to do, just cards or dices is enough. People come voluntarily on gambling site anyways. But how can i start? What do i need to do? How much capital do i need?.
I don't think it's that expensive if you're just trying to put up a small neghborhood gambling shop. I mean, all you need is a place to set up your small casino, few cards and chips, a couple of means of entertainment and lights and your neighbors can come in and play. If you're planning an online casino though or starting a pretty big one, then it's going to be a little difficult both in effort and expenses. Right if you want to create a casino site, of course you need very very large capital. You can't just run a house with mediocre capital. You need something very big, because in the house algorithm, they usually suffer losses first, and you need big funds to recover it |
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It is very clear that without having a good level of patience, someone will not be able to trade well. Even a person who is professional, when he is unable to be patient, is likely to suffer losses and even lose such a large asset. A trader needs a calm in making decisions, when they experience panic and cannot control patience then it will only make a nightmare.
Patience is an important point for a trader to achieve success.
Indeed, patience is important in trade or investment, but patience is not the only thing you should to have, in trade you need a lot of skills mate. not just being patient, you have to be good at reading markets, good looking for opportunities, and courage |
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FOMO will again fuel the growth of bitcoins and other alt coins. As of now there's not much FOMO going on, when BTC reach 7K or 8K many will start jumping in the money train.
FOMO has different degrees, like pretty much everything else! it doesn't have to be a 1 million percentage rise to be considered a FOMO  for example what we had when price surged upwards to $5500 recently was a good example of a moderate size FOMO where people who were waiting for a bigger drop gave it up and jumped on board of the ongoing rise because they didn't want to miss out and end up paying ~70% more than the bottom. Even though I'm on the sidelines right now I feel literally no pressure to buy. All I have to do is wait for BTC to fail its first test of 6K if it even makes it that far on this volume. At a minimum I get to buy back right where we are now and most likely somewhere under 5K. Still waiting a bit out if this is really the next bull. A pressure might emerge when the price broke through $5k some time ago then fomo appeared. so did I some time ago. and the price had climbed up to $5600 and fell again. for now there is no pressure to buy, still patient to see if the price is able to pass $6k, lets see |
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Which is why you must be paying attention to charts and graphs ALL THE TIME if you want to make a profit. I use https://cryptotradernews.com to stay ahead of the market. I haven't found any other way I can make money trading... well, in this case, information is indeed very necessary. many people say that they are bad at trading, but in reality, they just can't wait to trade, or just trade without any information. well, however not everyone is able to trade properly, even myself sometimes am impatient in this matter. The news gives a rather long effect dude, if you are an active daytrader, where you trade with a short time like binary. then you have to be smart in reading charts and candles in the market. you should have read many strategy to read candles, don't focus too much on the news, because the news doesn't have a fast influence on the market #imo |
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~ . this was the same feeling when we got addicted on other stuffs like for example playing video games , or drinking alcoholic beverages , eating , etc...
Yeah, but the question is, what causes the gambling addiction? I think it is something different from addiction to video games, because you can't win money with that activity. And it's different from drinking alcoholic beverages because you can't get drunk with gambling. Same goes for drug addiction and many others. If we will manage to define the source of gambling addiction here, we are likely to find out the ways of preventing it. Gambling addiction is most likely the most dangerous type of addiction. It entails money when you are addicted in gambling, with lack of control the worse thing that might happen to you is you get bankrupt and might become homeless. All addictions are bad but this one I don't want to see someone suffering, I've been addicted in the past but not severe. most gamblers may have had a hard time becoming an addict and that's true you will sacrifice all your possessions to gamble. I once thought, how brave I was, I could use all my treasure to gamble? then I began to realize and control myself, then I quit. All because you can't control yourself to stay on the right track, so you become an addict |
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I've been using this strategy since I started trading many months ago. Since it is difficult when to start buying during the dip, I often use technical analysis first to determine the right price to enter or buy. Fundamental analysis can also help because any positive development about the coin you want to will reflect on its price soon. So if you buy every dip, be sure to analyze it first using indicators and price action.
True because its easy to say buy the dip but without studying we cannot do it at the right timing. Bitcoin has clearly bottomed and I think that moment was the best moment to enter into the market, you can easily sold it for a profit and that is even short term as BTC now is getting more bullish. Thus we have to make the right decision and we should analyze the market first before buying. Cause not all dips give us chances to gain but it sometime it get worst especially to those less potential coins. Mostly we took advantage during bear season but somehow we also be a victim, and instead we want profit but we ended up into losing cause we that wrong timing. of course the analysis is still have do, even though the price has fallen. you have to make sure that you buy at the lowest price so that you can get the biggest profits later. Don't buy without any calculation, even though you've seen big drop |
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