I am just wondering if you still would gamble if you would have enough money? I mean, now as it is, do you gamble for the fun or for the profit?
For some other reason many people gamble for an instant winning to have money in one click if they are lucky.But for me If I would have enough money I dont want to gamble anymore because it can cause only to addiction.I want to save my money for my family and I dont want to loose it anymore just for fun only. Same here, I don't want to be addicted on gambling either, yes I do gamble sometimes but I could control myself on betting too much on gambling, if money wouldn't be a problem then it is not enough reason for you to try gambling, hence, you must spend it onto something that is more worth your money to spend with like for example is making your own business, because it is for a long term investment. That’s so nice if you have control over your emotions and you are not addicted to this, then you can make money with this game. Obviously people gamble to make money and if money would not be issue, I don’t think so people will gamble anymore. If gambling is not about making money or losing it, then there are many other options and better games to entertain yourself, why to waste time on gambling? |
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Getting a job is not possible for everyone, not everyone has family or [friends] to help them and sometimes they will make the bad situations even worse them. If you've ever really needed money and were very desperate, than you probably know that people would let you starve to death rather than give you $5.
It's weird how people won't toss out just a few dollars to help someone in need, yet they'll spend $10000 or more on their pet that has an average life span of under 5 years.
But then again, if you give the person in need money, they'll keep coming back for it. It's a real crap shoot
the op post doesn't match the title but in my opinion it's up to each people whether they want to change their situation or not. There's no rule that state rich people have to donate xx money to other people. They get the money because of their hardwork so why should they give it to somebody else? especially stranger. There's a lot of stories of poor people become rich because of their hardwork, if i happen to be in that situation, i have to ask myself what i have done, why i didn't prevent it from happening in the first place. Yes if this suggestion will be followed then there will be no one doing such things to deceive others and simple complete awareness is given to people that don’t show greed to earn a lot this will surely leads toward the scamming and on top of it cyber security should also pay attention toward this act there are innocent people out there who become the victim of this and has lost a huge amount to rascals. |
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Yes, I understand what you are wanting to say. The amount of Bitcoin is limited, its value will increase as more and more people use it. And in the future there will be many people who know and use it. So now you should save and invest a lot on Btc and keep it. That would be a wise decision
Bitcoin amount is totally depending on user demand and when user demand is high production get started and this will surely give rise to the price and that will be good thing and as there are still region who don’t know about this mighty coin yet if they get information about it they will surely accept it and now a lot of countries are also accepting bitcoin by seeing the progress of those who already did that. |
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When I really need money of course I will sell everything I have even with low price or loss. this is because selling when panic position then there is no long consideration.
Just like me, when it comes to this type of times I really don't care about the price of what I'm selling. It's not panicking but it's because we are desperately in need of money. And that's why we are being pushed by our own problems to sell everything that we have. Though it's hard to accept and to do this thing we are just doing this just for resolving that desperation that we are going through. It is indeed far better to sell off your own coins and assets when you are in some financial crisis than begging others o help you or give you loans. It is never ever wise to be in debts, try to use your own savings and money when you are facing some severe financial problems. No need to become beggar rather be sagacious and keep saving s soon as possible. Yes begging is a worst habit I have a habit of saving money in both bitcoins and also in fiat so if I am in desperate need of money then I will use my saving first and if I need some more money then I will prefer to sell a small portion of my bit coins and take care of the situation. Well saving is really a good habit either in fiat or in bitcoins as it will take care of you in rainy days and you don't have to depend on others for money at the time of emergencies and not all the time people around will help you and it will also create your negative impression in their minds if you keep on borrowing money very often so its better to save money regularly to avoid uncertainties in future. I have seen some people who have kept themselves out of ire just because they don't have to borrow money. They do savings from an early age. If we have some extra money, we must not simply save it now but invest it. We have a lot of good options like bitcoin and other crypto currencies. I prefer the first one over all types of investments even if it is some business. Bitcoin can give the most profits. |
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If i lost 50 bitcoins in gambling with the current rate now, oli would probably call myself an addict. Funny but it's already equivalent to millions in our currency and being able to lost that much is not a good thing. Maybe regret that i lost it thru that and for sure will make a lesson for me to always set limitations especially in gambling for it's really tempting.
Yes, but this was in may 2016. when bitcoin price was 400$, $20K can't be compared to $300K. Probably this player had $20K which he could afford to lose, I know it sounds big to you and me and most people here, but rich people are gambling too and this is probably nothing to them. What you told is correct as this bet is in btc that is why it make difference because of when the bet was made that time btc price was very low and if you calculate in usd then that much of bet as usually made by big gamblers so it wont have affected him, but thinking of betting with this much high bet you wont have guts to bet it. and even the gambling site also wont support that much high bets. On those times those gamblers wouldnt really be affected but yet 50 bitcoins on those times is still big and only a whale could afford to do make such betting. If we do try to look on its current rate on that 50 bitcoins it is almost $285k which it is really too much on wasting up playing gambling and for sure gambler would remember this moment will surely regret on how much cost did he lost up. They probably did not think that bitcoin price will skyrocket and only bought bitcoin for the sake of gambling. And yes even if bitcoin at that time is just $400 its still a big money to waste he must be very rich man who throw away his $20,000 money in gambling. This is reality which there are really people who can really take the risk on putting or using huge money in gambling we cant really force them not to so such thing since they do really have the capability on playing on those ranges which it is actually have the advantage if you have bigger bankroll but the risk is more higher.Even throwing $1000 on gambling already give me the hesitation how much more on that amount. Losing will always give you lesion and you will remember that mistake in whole of your life, and losing so much amount is relay a havoc because 50 bitcoin is very high amount and in future you must have to gamble at low this is the lesson you must learn and you must have to work on some of skills so that in future you will not face such kind of bumps and afterward there will be progress in your gaming strategy. |
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I hear many saying they don't mess with altcoins...how do you make money with btc?
Just buy the dips, sell for usd (or other fiat), then buy back in...rinse and repeat?
I'm not talking about long term holding but about how to build up your bitcoin without touching alts.
Thanks
first you have to invest in bit coin and keep it hold 1 year to 5 years then you get profit. so investing money in bit coin is good. few people saving their money in the bank it is safe but not much profitable so you have to invest your money in bit coin and keep it hold few years. after withdraw from your wallet then you getting good profit.bit coin we have to buy and sell it is also giving to us profit. Investing In banks doesn’t give enough revenue but as in bitcoin one is able to use his money at any time and profit is also increasing day by day and hos is the best thing and one wants to achieve big he must have to invest into the bitcoins because this coin has potential to give profit and holding is the best option and this gives more than expectation and this is best lane that leads to the millionaire avenue. |
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or may be buy low sell high ?
Lot of noobs traders , don't control their emotions and make worst mistakes : buy at high price and sell at lowest
how to control this ? = put orders (buy/sell) and close the platform
It's easy, don't easily get panic when the price suddenly dropped. just wait and hold. The time will come. This is not easy for a newbie trader, there is a strong temptation to sell your holdings and stop the bleeding but as we know if you are invested in a solid coin then we know that coin is going to regain its value after some time so the only thing we can do at that moment is to keep holding our coins. We have a fact is after decide to hold a crypto for long term but this decision is not from your choice, you have decided by someone advised you, you always feel worry about this decision when the price of this crypto does not happen as your hope. Finally, when you can not wait more time, that is the time you need to take loss and accept loss that amount of money. It totally depends on the investor choice that at what price he can buy and sell and those who have enough revenue they don’t wait for the dumps to buy they buy at any stage and then hold but the common strategy is to buy at low and sell at high this leads to achieve big profit in future, but don’t listen to much to others advise make your own mind set. It's never a good choice to buy high and then sell low. I agree that it would be better to place an order and get out of the exchange. Composure and patience would play an important role especially if you're a newbie. Though of course you're not going to master that immediately. Take time and make sure to learn from whatever mistake that will come your way It is not a wise business when you buy with high rate and then sale out in low price. It is due the panic a man decide to sale out with low price that might the price not go down more and consequently he face loss in the business. Fluctuation in bitcoin price is unexpected when it go down within hours so it may be go up approximately much late within days so we should have to wait for appropriate time for sale out the bitcoin whenever the price not go up again. Patience behavior is much important in every business. |
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Bitcoin and altcoin are interelated interms of trading and buying into ICO,as Bitcoin has impact on the price of Altcoin so is Altcoin on Bitcoin,whales in the cloud has lots of impact on price variation.
Whales have always had an impact in the market even right from the onset. It is a normal thing since they have the huge funds to control the market movement and let the lower traders make decisions on that. You might be surprised the number of stop loss the whale will gain from, while controlling the market. Whales are always in for the profit and they can go any length to make that happen. It is true the bitcoin is the currency that is having the large and the serious effect on the value for the bitcoin and the income of the bitcoin is increasing more and more, hold the bitcoin and hold the other currency as well then you will be able to see the difference at the same time you will say it is true the value of the bitcoin is higher than the altcoins, because the investors of the bitcoin are more than the altcoins. Yes I agree with you whales has always an impact on the market. The price of both altcoin and bitcoin has affected each other, because the investment has divided between the two currencies and so is the market value and cap. But I think that bitcoin is still more valuable than any other digital currency because the investment ratio and the price is very high than any other currency. |
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My badluck.  I always sell my bitcoins and other coins in panic. I try to hold those coin but I can't. Everyone will face the situation but you need to risk your money and you can't get profits anymore if you can't wait. Many people are holding Bitcoin by not selling them in the market only because they patience in order to make more money. Patience is the basic foundation for every bitcoin investor because that is how they will make profit because the longer they wait then the bigger of profit that they can get in bitcoin investment or other form of investment. In investing, it is all about the patience and if you already have a lot of patience then you can easily become a winner in investing. For future it is not a good sign that you always use or sell your bitcoin because you need some money for day to day life. Think about the past when you do not have any bitcoin and you were able to save some money and invest it in some business and was able to spend your time without withdrawing money from your business. The same is here with your bitcoin wallet. If you don’t plan you will never succeed. |
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Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?
first time tradingsaya never felt and it was very funny, finally I do not panic if the price drops, I now do not feel the panic anymore because I know the price definitely back up In the last weeks I got panic because of the price of bitcoin which fell down more than 2000 dollars in one bitcoin. It is not only for investors to be panic, but also for all the members of this forum because everyone on this forum gets his earnings in bitcoin, and when the price is high the earnings is high and when the price is low the earnings is also very low. This thing got me panic. |
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Weeks ago, I am discussing Bitcoin to my sister and my future brother-in-law (then) When they got married recently, both of them were unemployed and have been trying to get a job immediately after their marriage. Up until now they have no luck. My sister then decided to talk to me about how do I earn Bitcoins. I gladly explained it to her and then she decided to do it too. She was so happy that she is already earning bitcoin and had some extra budget while they are both unemployed. And now, she is so eager to learn more how to earn more coins.
Being unemployed drove her into engaging to Bitcoins. Maybe some people are like this. They grab Bitcoin when they are in need of money. And since that these people are now engaged in Bitcoin, I am sure that they will stay in Bitcoin and treat it as an investment even though they will have a decent paying jobs in the future.
That's good for you all though, can you kindly share what did you told your sister about earning some bitcoins cause I am unemployed too as of now and I am trying to maximize my earning in bitcoin in every possible way because I think I can do more things that can let me earn some more. It will be appreciated if you may. We can really make profit with Bitcoin because it is a currency that has sense and gives some opportunities to people and I am one of them. Bitcoin has become a source of income for many people who have no job but a good level of knowledge and skills. Not only this, the difficulty level of jobs and bitcoins is noticeable. Jobs are not sufficient for growing financial needs whereas bitcoins give a good support by increasing the capital with time. Many people who do jobs are also earning bitcoins; some students have done the same. |
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To explain bitcoin to teenagers and children is a difficult thing, but it can still be done.
If it is going to explain to teenagers explain in detail what bitcoin and practice are directly using bitcoin in front of it. To explain to the children it will be difficult, just explain the bitcoin in outline.
When we first reveal bitcoins to someone who has zero idea about digital currencies, it gets a little difficult to make them understand about crypto coins. Once they grab the point, they go doing further research by their own. The best way to convince a new person is to start from its benefits and tell what is most attractive about bitcoins. Telling about huge profits will work. |
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The reason people are holding Bitcoins is because of the great potential that Bitcoin has. It is one of the world's fastest growing investments and her can expect a really high value of Bitcoin within some years.
Bitcoin is a very expensive digital asset and its value also keeps on increasing due to which many people are investing in it at present. Everyone wants to earn grand profits in a short period of time. This is the foremost reason why it has become this famous. It is a good saving for future. We can see few examples who are now millionaire due to this crypto coins and we all want to be rich. |
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It’s a big rule in trading of bitcoin that if you want trading in bitcoin then you should follow the updated bitcoin rate graph whenever the rate of bitcoin is falling then you need to buy more and more graph while whenever if the rate of bitcoin is increasing then you need to sale more and more bitcoin which will give more profit.
Buy low sell high simple is that just follow this rule you will get more than your expectations and also there will be a lot of revenue for you in the pump time, usually investor waits for the major dump to occur so that they can enhance their wallet with some no of bitcoin and then they hold till the pump and then they find what they were waiting for. This is the most successful rule of the crypto world. If you want to be millionaire with bitcoin or any other currency, you need to follow this credo strictly. As far as buying bitcoin is concerned, no matter at which price you buy it you are surely going to make profit because we all know that bitcoin keeps on increasing in value all the time and the future of bitcoin is as bright as the sun of July. |
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I would like to know how BTC and Gold are compared. Checking only the price seems too simple.
When he said BTC defeated gold, he's referring to the values of these two. In terms of value, bitcoin have really left gold behind. The usability and volatility of BTC is what makes it more preferrable than gold. Bitcoin is a ready-to-use asset especially in buying goods and paying bills. On the other hand, gold is often used in jewelries and local currency coins, and can't be access immediately unless you own a big gold mining company. Gold is old now. It prices does not rise up. After several years, it makes progress of few dollars. Other than that, can we really have gold? Where is gold? I think it is in the lockers of Rothschild but bitcoin is now owned by anyone and we all can have as many bitcoin as we want to and can buy actually. Digital currencies are the future of money and bitcoin is at top of them. |
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China is just a country and bitcoin is spread throughout the world, it is consider to be a global currency so I think even China control the entering of bitcoin in their country it will not affect the market of bitcoin beside I don't think that after they had banned bitcoin their people were realky stop working to earn bitcoin we all know it only takes having internet connection to access crypto currencies and they could use other stuff to save their bitcoin and convert into dollars.
Right! China will never win as they want to regulate and control, which is exactly the opposite of what successful crypto does. Ultimately, governmental regulations over the crypto world will be failed. No country has the power to kill bitcoin and anyone who will ban it is going to suffer. At most, bitcoin price will just get reduced. I think China is trying to regulate bitcoin and want to control this currency as it understands the true strength of bitcoin but whatever the Chinese government did apparently hurt bitcoin and the holders. Now Russia is going to make the same mistake. |
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Bitcointalk username : Emitdama
Rank : Full Member
Current post count : 165
BTC Address : 1LY7iqu29og6ubbVmW7eL1zXEBog4UcHpr
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Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
I believe it is. Many would attest to that. Many who used or who are using bitcoin was able to improve their living. Some even said that before bitcoin they were no one, but now they became someone because of bitcoin. So I believe that bitcoin is a good and wise investment. Bitcoin is the life changing investment and it has changed a lot of people it raises their living standards and allow them to have what they desire, this was only possible because they made a right decision on the right time so that now they are enjoying every lavish of life and they recommend this to others also and all this shows that bitcoin is the good choice to invest. |
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