i would make that 1 BTC to 1.5 BTC trading altcoins at least in one week , but first you need to learn how to make money with trading altcoins.
i believe everyone can be a good trader as long as they have a strong desire to continue learning. so i suggest you op to try trade altcoins.
Is there a kind of demo account on the trader websites like on forex sites? If yes, and if you want to learn, a demo account is a safe way to start and after if you had developed your strategy, you can try to trade with your BTC for profit. But there is no guarantee that trading is always profitable, it's like gambling at least a bit. |
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"Is their any safe methods to gamble?" Use free bit to play gamble  and if you runs out of btc, use free bit, don't use your money The safest way is not to start gambling at all. The best comment in this thread Mostly I agree but since OP asked about safe methods to gamble I'd suggest apart from using free bits gamble with amounts which are below 1k sats which are just fractions of a cent. And if you can stop before losing more than a dollar I thinkk it's pretty safe too. That is actually a good idea. But losing a dollar is just nothing I just be some people will be greedy so yeah. I just think that the safest method is control your self and play smart and don't gamble what you can't afford losing your money. Yes its the best comment not doesn't fulfil the purpose of this thread. The safest way to gamble is by facuet or by reverse martingale in my opinion. What is reverse martingale? I have heard about martingale already but I read the reverse version first time today. (I know, google it). Is it recommended instead of the classic martingale strategy? Or the result will be the same like the original's? |
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I like paper money. I like to feel the buying power in my hands :p Bitcoin makes me feel like a robot. I am not saying paper money is better tho.
I agree with this to an extent. I also like physically having something in my hand that represents the fruit of my labors, but bitcoin also satisfies. Just not as much. And owning precious metals is even better than paper money. For me, anyway. In this case if paper money won't exist anymore and you don't really like the virtual money, instead of putting your savings in virtual money you should consider buying gold or similar. If you rent a safe in a bank or if you have a safe at home, you can store huge value in a little safe especially if you buy diamonds, they're way too expensive. But if you run out of storage, you can organize some exhibits in different museums. In this case your value is in a safe place and you have something phisical to hold your values in. |
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Anything in my town nobody accepts and most of the time they ask what is that.
We know that feeling lolgato, but instead of that you can order a bitcoin debit card and use it as a regular card and you will be able anything like a normal credit card. Sure, in my town there is no merchant who has a clue about BTC, but with my BTC debit card I can buy anything I want if my BTC wallet has enough funds  Ideally it would be the best if I could pay with my phone via NFC directly from my wallet. To be more realistic, I think it will take time to get the merchants to accept direct payment with BTC in the future. |
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which website i can use for creat virtual bitcoin prepaid card without id vs verification and minimum fee?
As far as i know there is an option for you take a look at the e-coin website they offer virtual bitcoin debit card which you can use without id verification. The same goes for XAPO and for some others as well. Is it a must that it should be virtual only? What is the reason? Are banking and card fees are lower if you use a virtual card only? Id verification is needed only after a limit of transactions value in connection with the XAPO phisical debit card as well, so you can use a real card only with limitation. |
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With the share market we are believing some third parties for our profits whereas in gambling, we are relaying on our own skills to make profits. I do believe on my own capability for my fortunes than others.
In stock market, you can rely on professional fund managers to manage the money for you. But those manager on average will be worse off than the index track funds. In gambling, only very few professional gamblers can make a living. Most of the gamblers can only have fun, not the money. Most of the gamblers make the living for the few professional gamblers. Fund managers are managing the portfolios in order to have a good average profit at the end. It's less likely to lose but (if you buy induvidual shares and take the higher risk) if you are lucky, you can win bigger then with ETF or portfolios. |
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Easier to use and people can't steal it from you easily.
i agree with the easier to use part, but if you own a debit/credit card, isnt it the same difficulty of being stolen.? im guessing you would pay from your phone and your phone has the same chances of being stolen as your wallet. It can be stolen, chances can be the same. But most of the BTC wallet apps are PIN protected usually. So if someone steals it, he should guess the PIN and it's really hard, even in case when the PIN is 6 digits. It's a bit more secure. If you are really lucky, the thief has no clue about bitcoin and doesn't care about your BTC wallet app |
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Transaction fees will be changed according to the Price of BTC (In case there is no inflatation of the Fiat currency).
Fees should never reach a price, its not worth to pay anymore
I don't think that fees will change with the price of BTC. Maybe they will change paralell with the price of BTC but not because of it. It can happen that the price will raise and because of the raise of the price more and more people will start using BTC. It will then make fees raise because people will have to pay more to get their transaction included. But this raise of the fee is not because of the price raise it's just starts some market movements that can raise the fees but this is not automatic. |
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As far into the future as I can see, paper money would still be the primary method of trading. As seen with much of the world, many do not have an internet connection, let alone a computer or even adequate shelter. They are required to be able to trade with some form of digital currency, which in this case is Bitcoins. Paper money on the other hand, is much easier for everybody to use. However, once everybody has access to the internet, digital currency will be superior and will take over!  I've just combined two things I've read in the previous posts. Sweeden wants to be a cashless country. One of my friends' had spent a little time there. If you don't have a credit card, you can't even hop on a bus, train, etc because they really don't use cash at all. One place where they are still using coins is the door lock of the public toilets Just imagine that you are in a really need and you are about to swipe your card to open the toilet's lock, and the power outage comes “There are some things money can’t buy. For everything else there’s MasterCard.” or not |
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i wondering what different between xapo,e-coin and coinbase debit card?is all of them have overplus?
and i'm still check and get some information all of them,and the best maybe can used by me,and glad to be know that there was 3 debit card that i know.
Well i know the differences between them, firstly xapo has their debit card which when you spend your bitcoin it takes that moment conversation rate, with e-coin you should first convert bitcoin to fiat money at their website and then spend, and about coinbase i have not much information as it is a new product nowadays. XAPO: online card, attached directly to your XAPO wallet E-coin: so called PrePaid card which you top up from your BTC account. After the top up you can use it as a regural bank card. (But in this case you can exchane the same amount to fiat and use your existing fiat bank card. Why to have 2 cards for the same purpose?) how exactly do you easily and instantly exhcange BTC to fiat and us on your existing fiat bank card? Now that's what I'm trying to say that: Your card is a prepaid type card. This means for me that I have to top it up time to time, if I want to spend my money with it. If I top up that prepaid card, I exchange an amount of BTC to fiat, card will hold that fiat amount, if I'm right. After when I pay at a merchant, there is no BTC involved, it's only my fiat on the card and the merchant's transaction (payment in fiat). If I have spent all my fiat from the card, I can top it up again with exchanging BTC from the wallet (or sooner, if I want) So if all of the above is true, you have a fiat denominated prepaid bank card which can be topped up with BTC from a specific wallet quickly and easily. My question is: If I'm not in a hurry, I can sell my BTC's on any exchange and send the fiat to my regural bank account, to which I have my everyday bank card attached to. I can spend the amount I have exchanged with that regural bank card (even because it's contactless and I like PayPass very much), without extra costs for another card. Why then I need this kind of debit card? I don't want to do marketing for your competitor, but I have another kind of BTC debit card that is attached to my wallet directly, so every time I do a transaction, the system uses the current exchange rate. But the main reason was for me choosing the other card was that I don't need to bother with topping up the card, as long as my wallet has enough funds, I'm OK to buy anything I want. But with your card if I haven't put enough funds on the card (even my wallet has the required amount) I won't be able to buy. I don't want to talk about fees because both kind of debit cards has fees, so it's not a cheap thing yet if you want to play with these debit cards but I hope that in the near future these fees will become more affordable. Please correct me if I have misunderstood anything in connection with your system, I just want to get a clear view about possible ways of paying with BTC debit cards. |
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with gambling you can earn extremely huge money
With gamblin you can lose extremely huge money If you don't gamle with clear mind and you take too much risk, you can easily get down. Of course, if you have luck, you can win big with extremely little money and risk (e.g. lottery) It's all about chances and risks, you need to figure it out for yourself what do you prefer |
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We all here (most of us) think that the price will be increased one day and will reach it again 1k, it's of course good to hold for a long time.
A lot people believe Bitcoin will go over the magical $1000 level again at some point. And I do think so as well. Potential of Bitcoin is immense, which will give long holders a great reward. If you look at it from this point of view, then there barely is a risk in holding Bitcoin for the long term. It's fine if you hold your BTC (or gold, or anything that has a value) to wait for the price to go up high. And what if BTC price will reach 1k? You will have the same amount of bitcoin only the price (denominated in fiat) will be higher. You can realize profit only if you sell your BTC. If you sell them, you sell them because you expect fall in the price in the future when you can buy them back on lower price. If you buy them back, you will have your original amount of bitcoin and a bit of profit in fiat. But: What happens if you sell your BTC at 1k and it will raise to 1.5k? It will be a lose for you if you have to buy yourself bitcoins on higher price after selling. |
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Yep. Or so it was just until recently; but now they're trying to wrap bitcoin in isis wrapping papper, and sell it as a anonymous payment option used by terrorists..
Can't wait to see how many fools will fall for it..
yes I was about to say this... I come to this thread to highlight this, that he was right until some negative FUD because of recent attacks. I'm trying to think it over from technical point of view. If someone say that BTC is anonymous, it can be true, because no one has it's name attached to his public key. But if you want to use BTC system, you have to use some electronical device as BTC is not an offline currency like bank notes and coins. If you have to use an electronical device to install your wallet on it, the device has an uniqe address (MAC). If you use a phone, the carrier can search for that phone's MAC in the network so you can be found sooner or later. If you use a PC, it's even easier because it's not moving from it's position. So if someone thinks that BTC is ideal for the dark market, it's not. Of course everything is possible, but before BTC has been invented, the dark side had already put together it's financial system, so they hardly need BTC to do the financial part for them. But this is just my opinion, everything can be proven (and the opposite as well) if needed of course |
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So basically it's the same like trading with stocks or forex? I mean if someone has experience with any of them, then it's an advantage in trading BTC or it's a special market with special things to learn before you can become a successfull trader here?
Are all of the exchanges good enough to start trading or there are exchanges for people with different experience level (and/or bankroll)?
There are a lot of exchanges.. http://coinmarketcap.com/exchanges/volume/24-hour/ and I only know a few personally.. I doubt there are many, if any, exchanges that you would be at a disadvantage at with less than .5 BTC.. Just make sure you aren't bottoming out on the minumum fees to where they impose a greater % fee because you are so small, and some have a minimum withdraw amount.. Do some research on ones you think you may like before jumping in head first.. I personally think trading crypto is a lot different than stocks and forex. Prices change in crypto for seemingly no reason all the time, just look at how many people are trying to figure out what caused the recent BTC pumps.. I don't think chart analysis and those sort of market indicators apply very well to crypto either because crypto is too random. There are a lot of books about stock trading. There iare a few, but less about trading forex. Is there any book about trading crypto, or any guide for beginners? Or, everyone should learn it on his own experience? If crypto price is too random to use the indicators like we use at trading stocks or forex, what are your drivers to make a decision about opening/closing a position? It's OK for me if you provide me a trustable link where I can start learning, I don't want you to write a book for me about crypto trading |
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Payment received, thanks very much!
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Safest way is to not gamble at all If you do decide to gamble, you should make sure to know when to bet more and when to stop betting and retreat. It's not the best solution to say not to gamble at all if ha wants to. The possible solution is to find a strategy, that can minimize risk and can save bankroll. With a proper strategy luck will have time to find you before all your BTCs are gone. Do you have one such strategy to share with member here? I don't any such safe methods or strategies are working in gambling so if one want a safe method then the correct one is not to gamble. Otherwise just use it as fun game and spend money whatever you are ready to lose and if your lucky you may win big money during your fun time. Sure I have, really simple, but needs strong mind to stick to it and luck to win meanwhile. My strategy: I used to drink 3 coffees per day. Now I don't and I gamble with the prices of the coffees' and not more. I stop for that day if I have lost it. So there is no risk for me because that is the amount I used to spend daily before too, so I can afford it to lose. If I win, it's just fun. (And my health will thank it on the long run that I stopped the coffee ) Of course if I win big I stop it too for that day but it's really rare... |
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