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1781  Economy / Trading Discussion / Re: Buy low sell high? on: August 16, 2018, 11:53:06 PM
Not all the time its "Buy low & Sell high" there are times you will Sell below your target because you see another investment that will give you more profits in a shorter period of time rather than holding on to that prior investment and wait for profit to come. But be careful of not falling into the trap of FOMO. If a coin is pumping already, don't jump in and sell your other assets. Its a trap that you will regret in the end.
1782  Economy / Gambling discussion / Re: What are some of the best movies based on gambling? on: August 16, 2018, 11:41:28 PM
I love the movie Bugsy. Its about mobster Bugsy Siegel and how he started Flamingo and perhaps the Las Vegas strip. When I first watched the movie, I didn't believe that he is one of the brains behind the Casinos in Las Vegas. I watched the movie more than 5 times already and I have one downloaded in my desktop.
1783  Economy / Trading Discussion / Re: The hard Truth on: August 16, 2018, 11:12:16 PM
but in fact like what man above said, new investor only think about buy and sell. when they loss in their investment, they only blame project that they invest because they don't have any experience how to manage asset when they loss
Yes without research they just jump into buying crypto assets. Some even say this is the reason why there was a bull run last 2017 because on the 4th quarter of 2017, new investors jump in and all they know is Bitcoin is a good investment and when they reached their target they started dumping their coins leaving us with Bitcoin at below $10,000 USD.
1784  Economy / Gambling discussion / Re: Does convince people to enjoy gambling is a wrong idea? on: August 16, 2018, 10:52:48 PM
Nothing wrong with convincing people to enjoy gambling and actually its a good idea to promote gambling by telling them the positive and the negative side of gambling rather than showing them the side of gambling where all it can do is multiply your money in times when you need money. I was in that situation before, I have a few hundred dollars with me and I need a quick way to multiply my money because I need to pay someone, gambling is the first thing that came into my mind but I ended up empty handed.
1785  Economy / Economics / Re: "10 Common Mistakes We make with MONEY" on: August 16, 2018, 10:40:05 PM
Mistake 1: Never lend someone money you are not willing to loose. When you lend someone money, always assume you may never get it back. If you feel that after lending the money out you may not be able to survive with what is left with you, then simply don’t lend the person.
If you are not in the lending business then never lend anyone money at all. My rule of thumb is if someone borrows money, try to find out for what purpose. If purpose is personal like plan to buy something that is non income generating, then no is the answer. If its income generating, I would ask for a collateral so if he can't pay up, I have something to liquidate. If the person borrowing is someone that I cannot reject but cannot offer a collateral and the money will be used in something to buy that is non income generating, then probably i'll just give him money but not the full amount.
1786  Bitcoin / Bitcoin Discussion / Re: Day traders OUT! IN pure crypto holders. on: August 16, 2018, 10:28:15 PM
Day traders are taking their profits at this kind of market conditions. They love price that moves in fast speeds unlike movements that remain horizontal. Those are hodlers are taking advantage of the dip as well, at this point when price seems to stay at $6,000 USD level, there is no way but up by end of 3rd and 4th quarter of this year.
1787  Economy / Gambling discussion / Re: Martingale for win, my own experience on: August 16, 2018, 10:17:57 PM
You martingale for a short period of time and few bets try more and Lets see if you'll get the same result as positive profit. But if you do that you must have a big amount of balance to cover your continous losses during martingale. And don't forget martingales work not only for you they works for website as well.
If the site is provably fair, martingale will not work, what happens is just pure coincidence. Martingale is not a loop hole that applies to all dice or online casino site. Its nothing but a glorified strategy that some claims works for them but didn't make them rich at the end of the day because if it is true and working, how come they are still playing and using the so called strategy?
1788  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂CASINO/12 COINS AVAILABLE 🎁28 BILLION BETS PROMO🎁 on: August 16, 2018, 10:06:23 PM
Sorry for quite a bit offtopic here but I just like to ask if bitsler is affiliated with yobet? ANN here: https://bitcointalk.org/index.php?topic=4738020.80
They claimed that they are partnered with bitsler but their whole project just screams scam.
This information made me search for the relationship of Bitsler and Yobet and so far all I can see are just articles from medium but no official announcement from Bitsler unless I missed it. Here is the link to the article that states Yobet has partnered with Bitsler in terms of development https://medium.com/yobet-io/why-did-we-decide-to-release-yobet-during-the-markets-bearish-trend-4d6b0bc20cca still use the site with extreme caution.
1789  Economy / Speculation / Re: Will bitcoin reach $25000 by the end of the year? on: August 16, 2018, 09:55:44 PM
$25,000 USD is 303% increase of Bitcoins current price of $6,200 USD. Last years bull run from $3,500 USD to $19,200 USD is 400% increase. So if what happened last year will happen also today with no other problem like another hacking incident of a major exchange site or maybe fake news, $25,000 USD is possible by end of this year.
1790  Economy / Speculation / Re: Why we will see $50k Bitcoin end of year on: August 16, 2018, 10:20:29 AM
Speculators see $50,000 USD by end of this year because it is patterned on last years trend. Last year August 16 price of Bitcoin is $4,715 and by December 17 price shoot up to $19,005 USD. That's a 303% growth. However, they speculated $50,000 USD when the price of BTC was above $11,000 USD last January 2018. Now if that pattern will be applied to the current price of Bitcoin which is $6,397 USD and growth of 303%, that's somewhere between $26,000 to $27,000 USD only.
1791  Economy / Trading Discussion / Re: Bad Psychology of Traders on: August 16, 2018, 10:10:02 AM
FOMO or Fear Of Missing Out is beating those new traders. Also they tend to panic when there's a sudden drop of Bitcoin price. One thing that a trader needs to fully understand and learn is how to manage your emotions. If there's a sudden drop of BTC price, don't panic, look for the reason why it dropped instead of hitting the Sell button. I am not an expert in trading but emotion also beat me when I was new. Nowadays if I see Bitcoin price is falling, I'll just look at the other way and wait for it to recover.
1792  Economy / Trading Discussion / Re: Help! Growing $200 to $5000 in 30 Days on: August 16, 2018, 09:55:55 AM
So your initial capital is $200 USD
And your Target is $5,000 USD in 30 days so we are looking at 2,400% growth of your capital
If you are into trading you need to hit 82.5% profit daily and profit will be added to your capital and in 30 days you will end up with $4,985 USD granting that you don't go below 82.5% profits each day. I don;t know if my calculation is correct but if it is then good luck man!
1793  Economy / Speculation / Re: Reason for bitcoin Price Drop? on: August 16, 2018, 09:33:52 AM
While we are busy trying to find out whats the cause of Bitcoins sudden drop to $6,000 USD from $8,000 USD, other risk takers are buying BTC at current price to take advantage of the discounted price of Bitcoin. Speculators are looking at $50,000 USD by end of this year if there would be a repeat of what happened last year. At this point in time, I would rather be a Buyer than an Observer so that when price hits the ceiling again, I have Bitcoins to unload and collect my profits.
1794  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂CASINO/12 COINS AVAILABLE 🎁28 BILLION BETS PROMO🎁 on: August 16, 2018, 09:08:45 AM
VPN is a very bad idea for gambling because sites detect duplicate ip for various user. The best is to use a dedicated server which its own ip address.
Someone already pointed this out and its not more on the duplicate IP but, more on the risk of compromising your passwords and user log ins since when you enter those information using VPNs, it passes through the VPN first before it goes to the target site. Not really a good idea to use those when transacting anything related to Cryptos and other Currencies.
1795  Economy / Gambling discussion / Re: Beginner's Luck on: August 16, 2018, 08:59:13 AM
Is there such a thing as Beginners Luck? If we accept that there really is a Beginners Luck, how many beginners competed in a competition relying only on what they know and the so called beginners luck. If am a beginner, do you think no one will give me an advise on banking on the "Beginners Luck" and try my hand on gambling? Or someone shouting in a casino and say hey we have a beginner here, anyone want's to ride on his bets? I guess there's none.
1796  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Neo will hit 200$ again? on: August 15, 2018, 11:56:37 PM
It may hit $200 but I dont think that will happen anytime soon because if you look at the current trend, altcoins are trending down, ETH is not also doing well lately and still trying to recover. If Bitcoin starts to climb up with ETH, altcoins will start to follow which includes NEO.
1797  Economy / Trading Discussion / Re: Day trade on: August 15, 2018, 09:11:51 AM
Binance and Poloniex are great exchanges, you should
check 'em out
Poloniex is a good exchange site and I started trading using their platform but with their recent change of policy specially the KYC process, that changed my mind and look for another site that can provide good service with less documents to submit. Thats why I stick with Bittrex and Binance lately. There are complaints about delays in withdrawals too. The tools that Poloniex can offer helps a lot for those who are into day trading. If you plan to day trade, make sure that you set a goal and stick to it, plan when to exit and follow it.
1798  Economy / Gambling discussion / Re: Four reasons that cryptocurrencies will revolutionize the online casino industry on: August 15, 2018, 08:53:19 AM
Online Gambling has changed the gambling industry for the past few years and it has grown in a remarkable speed. Adding Cryptocurrency as an option to pay or play will be a plus factor so those who wants to play and remain anonymous will have an option. Adding different coins in the pay option will open more doors as it gives players other option to fund their account.
1799  Bitcoin / Bitcoin Discussion / Re: They want you to panic :-> on: August 15, 2018, 08:42:31 AM
I have heard of this theory already that Bitcoin price is being manipulated lately. While there are no solid proof of this claim, all we can do for now is to conclude or assume that there really is because no one can give a good explanation of the sudden drop of price but I am still optimistic that price of Bitcoin will start to recover as we enter the Ber months. Furthermore, Chinese Ghost month has started so expect no major investment coming from Asia who participates in this festival.
1800  Economy / Gambling discussion / Re: Life with a Gambler - Solution! on: August 15, 2018, 07:19:27 AM
Do you have the same problem at home?

I don't have this problem yet at home. I don't consider myself as a gambling addict because I play occasionally and I do it privately, not where other people can see me playing. I don't even allow my kids to be open or exposed on this kind of games yet. Not until they can earn their own money for themselves. My spouse somewhat knows that I play, but I assured her that the money that I am using is not part of our household budget.
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