I dont see any reason for gold, its shiny but useless to the average person. Bitcoin on the other hand serves a real purpose and its a great investment.
To expound the ideas you are saying here, think choosing gold as an investment is not good for these days because it's value could not defeat bitcoin. Having that kind of precious material will not put you into safer side of life andnit may threaten your life due to it's visible to criminals who might rob you while wearing that kind of jewelry. Those crimimals will hunt your wealth like Gold and will definitely put a bad interests for you; knowing that will be sold expensive price. If we compare it with bitcoin, although it's volatile but if you have plenty of that you will remain anonymous and not visible to physical world of money. Well, it is not really necessary that if you invest on gold, you will need to have it on your posession. You can definitely trade with gold. Also, if you are really heavy in investing to gold or jewelries, you wanna keep it in safe vaults and don't wear it on public, because you cant really wear them all at the same time. Hence, unless you make open for public to see, that is the only time that criminals will target you. I have nothing against bitcoin or gold, in fact I have invested to both of them along with other investments. |
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you just have to learn trading once you think you're good at it then you'll have a great future making profit in trading not like in gambling all you need is luck to win.. though they are some games that requires skills and strategies like poker but some games you just have to roll like roulettes and dice games. Both trading and gambling have risks but you can minimize the risk in trading if you're going to be good at it.
Trading is more profitable than gambling but if you have good experience in trading. And you know all the trading skill and have good knowledge and analysis about trading, then trading is more safe and less risky to make money. Even if you will invest a big amount of money will be confident about and will always get a good result from it. I think what your talking about is profitable in a sense that you would get more money in a safe way unlike in gambling it's an instantaneous thing that you could win for a few seconds then suddenly lose when you make a losing bet. The exchange is what going to make you think of what is going to happen, it's not always going to be so safe if you don't trust, it would just destroy your mind because of worrying. Gambling is really not a good way to make a profit - it is supposedly used just for fun and entertainment, period. The reason is that, what it makes it more riskier is due to the fact that there is a housed edge advantage of the casino owner. On the other hand, with trading, you are somewhat playing on a level field except there are insider trading but the risk is less with trading. |
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Of course but still depends on your skills and logic if you are good at gambling and you always win the biggest pot, then you have a future at it it is a long term one for you. But if not maybe you should stop at gambling it is not good for you.
I'm not sure gambling can make you earn stable money every month. Gambling games are at stake, so you can not make sure you always get money, you have to find other ways to make money from other businesses. Gambling is not a source of income if you make this your source of income your future will be too risky. There is a chance to lose money and your family members. So just take this gambling for your entertainment purpose not for money making purpose. This will never give stable income for anyone. Maybe some pro gamblers will make money, but for this, you need years of experience in gambling. Im not saying that it is not profitable but I believe that it can be profitable when you win big money how about when you lose big money is it still profitable? I will say that gambling is not profitable in long term because if you lose a big money their is possibilities that you have no more appetite again in playing gambling maybe you bet again but not just like as big bet as before. There are people who keep on coming back to gamble because of the thought of winning back or chasing their previous loses. This is a pity, why? Because if you let emotion rule you in your gambling sessions, you will most likely lose than win because you are blinded by your emotion that even if it is time to stop and pause for awhile, you still bet on until you empty your bankroll. |
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Hi Lutpin,
I see that we have 1 open for senior special rate, hope I am qualified to fill in the vacancy.
Thank you and more power!
Regards,
8Habits
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Basically no, because bitcoin and banks is very different thinks in its cores but the competition between them serves the people
Competition. Do you think we could compete with banks who are being hold by the government or of course their on that side. Bitcoin users will need something to give out to those crocodiles if we want it to change. Without tax or any payment that will be dealt then there will be no change. Banks will stay and bitcoin will also do. But in terms of which should stay in case there is something to be chosen. Banks will win. They, both bitcoin and banks, should not be look at a competition to win over the other and eventually eradicating one over the other. Bitcoin should be looked at as a good alternative for payments that accept bitcoin as one of the modes of payment. |
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if you want to invest , invest in something that isn't a gamble, maybe if you cheap electricity bill, you can choose the route of mining with the new S7
But everything in this world is a risk especially if you are going to out your money/capital into investment business. And almost businessmen are risking their capital unto it. Due to they've always had positive in mind  That absolutely correct, everything is a risk but as an investor we must carefully choose what kind of risk we will be taking. We cannot eliminate the risk but we can always mitigate it if we know it, that way we will have a good chance to be successful with our venture to risk. Trading is just one way of increasing your money, and while some are making, the others are also losing, you need to be in the winning side and do what it needs to be done to make it happen. Right. Though you also have to make yourself prepared mentally and emotionally in the case you lose money in some of your investments. Composure as well as patience would be a very important attribute to have when you're trading amd always have a contingency plan. There will always be a plan b when you do trading with cryptocurrencies. Or just charge the losing trade as your learning. But losing really is part of trading. There will always be a winning trade and losing one. You just have to win more than losing. |
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Set the winning chance rate above 75% then roll and wait for 3 consecutive red streaks with minimum bet amount if possible. After 3 consecutive red streaks appear. Then bet what you can afford to lose. Your winning chance in that strategy is much greater rather than betting in random.
Agree sort of 80% of luck. That is my strategy way back in time because sort of i could win about but now i aint using it because i keep loosing from it and after that i quit in gambling but sometimes i do play but not really often. Most of the time strategy wont work but it could increase your possibility on winning it but gambling is all about luck for me in my own oppinion because we all know that we cant control the result of it, and that is random so we are rellying on our luck We can not control result it is completely random based on our luck it will show the result. But we can able to control money flow in a dice game. Yes in this game without knowing us we will lose our money. This game was made like that, and we play to get back our lost in that process we will lose everything that we realise when our wallet gets empty. So don't think about profit, just enjoy the game and control your bankroll. With dice game, we can actually control our bankroll. Let us say that our bankroll is 1 btc, we want to divide it to ten and it will be equivalent to 10 playing sessions. So, in every session, you will have .1 btc to play with. And when you reach your profit goal of that session, stop immediately andplay aagain with another session. |
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At first, making money from gambling seems like a dream. But like in every other business, routine will take the pleasure away. You may not be disciplined enough to follow your own rules! Wouldn’t it be pity to lose money, after all that research and study? Yet, even reputable and notable sharp bettors may lose their discipline after a long losing streak.Let’s not hurry things up though. Most probably, you’re having a difficult time to break even to say the least. Winning in the long run seems too far away at the moment.
Even if you are following whatever rules you setting by your own, if you are not supposed to win then you wont win. It is as simple as that because it is luck based game. You win according to your luck and nothing could change the fact that nothing going to prevent you to win when you are supposed to win He is right, winning in playing gambling has no assurance that is why it is not good to think that you can earn profit from it. Even playing for a long time does not guarantee that you will gain something it. You may try guessing how many time you could win but then again comparing it to the number of losses, there is high possibility that number or loss is more than the number of winnings meaning profit is really impossible to get in gambling. It would be much better if you would look for a real job to earn a real profit ( cash ). You can also try earning bitcoin by joining signature campaigns and altcoins or do investing and trading where gaining profit has more chance. Besides, isn’t it much better to work hard to earn money or bitcoin than just to depend on a gambling games? we are talking about chances between long term and short term gamble better to assess if how much bankroll you have like what previous quotes before us he mention that discipline will allow gamblers to win some even they played in the long run as long as they will stay with their form strategy they can survive and earn but its also true that luck will be the big influence in terms of winning good numbers. Professional gamblers have a set of pre-bet strategy before even going to play on a session. They will follow that strictly without emotion and no matter what the outcome will be. They will not be distructed by successive winning streak or losing streak - they just bet according to their plan. This way, it will be less stressful. |
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I know a good gambler who can gamble "like a businessman" taking care of his winnings and able to control his losses. I do envy him sometimes but he did discouraged me from being a gambler.
Don't look upon the discouragement. You know yourself better, if you can have a great fortune in gambling, take it or leave. If you leave it, just shift in investments. And as in crypto days, there's a lot of choice for you to invest, just avoid those scam investments and choose the reliable ones. well its your fate that you will bring to your shoulders no one can dictate you if you think that you can survive inside gambling industry just make sure that you have all the interest with particular games that you will going to choose since they both needed deep understanding but gambling got the bigger risk but also a quick results if you got lucky. That is right, we should be accountable for everything we do. Just like in gambling, whatever teh outcome will be, you should not blame anyone for your winning or losing, but only your self. Better gamble only for fun and entertainment and only play money that you can afford to lose. |
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Bitcoin will be tough competitor for banks but it will never make banks disappear as banks are the strongest financial institutions who have support from Government and also from the people as majority of people are dependent on banks for their financial transactions.
When and why bitcoin become a competitor of banks? Even if bitcoin become one, it has no chance. Banks are used by the people on the entire world, everybody knows it and most of us have our own accounts. Bitcoin is just a digital currency known by not so many people, almost all of the people in the world uses money or fiats, they keep it in the banks, bitcoin is not a bank. If bitcoin can really be a competitor of banks - those are only in so far as online transactions and other transactions where bitcoin can be use. Those transactions like car loans, house and lot loan, and other transactions that are only be made through banks and not on bitcoins. |
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Maybe that can truly happen if bitcoin will be advertise and legalize in many nations. Because people will think about the advantage of using bitcoin to let their money grow rather than putting it in the bank to save it. Because bank offers a minimal interest to top up the original money you put into it. If you will sum up, your account in bank is just gaining cents or small amount compared to bitcoin. But the possibility that banks will disappear is quite long distance from now. Banks will surely adopt and evolve to the demands of the society for them to be able to continue their business.
For me, that is really far from happening because banks are already institution to our financial industry and they are well regulated by the goverment and bitcoin is not yet. Also, bitcoin has a maximum cap of I believe 21 million bitcoin and that is it. |
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Of course YES. Gambling requires experience in order for someone to avoid too much loses on it, but it still depends on the game that you are going to play, if it is just DICE then I could say that experience has nothing to do with this one, because playing DICE is so easy but very addicting one if you are not going to control yourself. Sports betting is one of the games on gambling where you should need an experience in order to predict the games more accurate.
Gambling that involves not only just luck but skill as well like poker game is what that requires much of skills to develop. On the other hand, there is also the best use of experience on gambling game like dice and that is learning how to manage well bankrolls and creating many sessions among others. |
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Regarding the fact strategies don't help, true, dice is random, but this makes it more interesting.
But you will burn your coins very fast, i don't think it is interesting, rather foolish. Yes, it's like bad with strategy, but much worse without any strategy. Without a organized gameplay you decrease considerably the profit chances in game. You can't start betting without thinking first how to increase the bet on loss, return to base on winning... If you start betting random you won't have even the chance to stop the game with some profit. No, you don't. There is no such thing, you can't increase or decrease your chance in gambling. Chance is always the same no matter what. If you are lucky you will win, if you are not lucky you won't. Martingale(like this one for example) is proven very bad strategy with only one outcome - lose. Whoever tells you different is lying. No matter what kind of strategies, you will still going to lose if you will not stop when you are already having a winning streak. You will be eaten up by the house edge advantage of these casinos. It's good to have a strategy in dice because it will give addition excitement but let us not expect it will bring a constant success because it is simply not possible in games where there is a house edge. You'll get crazy overtime thinking of the method to win just like other people who are desperate, it will not work because of its nature, you can win sometimes and you will be happy, that's what you should do. In gambling, we win sometimes and we lose some time. That is really the reality of it. But no matter what, we should always remember that the odd is always against us due to house edge advantage of the casino. |
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I always hope in BTC and it is profitable to invest in BTC casinos out there. Just make sure that you choose to invest to the right gambling sites and you would choose the one that is legit so that you will not lose all of your money in the end. Trusted sites are really looked upon and received rewards for their legit works.
We should be very careful and vigilant in any of our investment because we are not getting that money out from anywhere - we are working hard to get it that is why we should value it and place it on trusted investment vehicles. |
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I don't think gambling is wrong but just don't be addicted. I love playing it, but not betting so much money.
You are right, gambling is not wrong because it was designed to give us fun and entertainment. But if we go greedy, then that is the start of a miserable life much more if we get hooked on gambling. So, better gamble for fun and entertainment with the money that we can afford to lose. |
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Bitcoin price is volatile. I think most people realize it and use their money accordingly. For me, I think it's a great long term investment than short term. It would be great if everyone can start using bitcoin more instead of fiat but I don't see that happening.
The volatility of price is what day trader love because that is the way they will go to earn during the day of trading. If there is no volatility of price, then it will take some time to gain profit out of our trades. volatility is a good sign that bitcoin is really doing a great job. |
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Certainly no. Banks would never be replaced since goverment's control would be lost if there is no banks. Besides, crypto currency would also need banks if it become a major currency.
That right, governments have control of some banks. It’s the way of government to earn taxes and fees in transactions that’s why bitcoin cannot make banks disappear. Right now, lot of people still depends in banks to save, and for their daily transaction as long as their trust is in banks, it will not dissapper. You are correct mate. That is why I said many times on my posts that unless the government is in chaos and society is no longer attuned to order due to some political and civil wars, bitcoin might replace banks but that is really far from reality. |
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It is, in my opinion, people who play and gamble that seem greedy and materialistic and the person get easily angry, that's someone who shouldn't play. Knowing that gambling could lead you to destruction in the bank and probably with your relationship with your loved ones. That's just epic, you should know your limits.
Not everyone is greedy, Im not greedy when I gamble because it is only for fun however it is different for some people that want profit so it depends on people wether it is right or wrong. I think it is wrong to gamble for profit but some people think that it is the right thing to do because it could get them profit faster than anything else Not everyone greedy but every person has greedy nature. Some people will control their greediness like you and someone not, this kind people will become an addicted gambler. Gambling is not good to play for profit. We use this gambling only to get entertainment. Other than this if we use for anything it is wrong. If one can control their greed one can become better in getting over the gambling addiction. But it is true that many players play just for fun and not for profits. There are many players who wait for tips in the chat-room and then beg for tips in online casinos. They might try to multiply that amount if they can as well. So if it a big win they have actually made a profit out of a free tip. However it is rare and in most cases time wastage is more than any worthy return. You are correct mate that if those wasted time begging for tips in chatrooms, they do some work online, they can earn some good money that they can share to their loved ones, family, friends, and buy things that they want and need. Most people would want to have profit, I think everyone does it's just the reactions or the responding of a person is that differs. When you look at it, it's people that you think who are not going to be addicted is the people who would be. It's just basic, people would want to be responsible for their actions. We should be held responsible in al of our actions and decisions in life - no blaming games because we are the one in control of our lives. If we gamble, we are responsible for its outcome whether we win or lose. That is the main reason why we should only play for fun and entertainment because we will most likely lose than win because the odds are against us. |
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I believe it's much better to invest your money rather than gamble it simply because almost no gambler has actually made a fortune from it. There are more losers than winners in gambling. In investing, on the other hand, you'd see a lot of entrepreneurs actually making it to the top of the chain. Plus, investing into something gives you an actual experience except, of course, to investment types like HYIPs
I am a gambler and i like gambling, but instead of it i accept investment is much better than gambling. I realize behalf of my gambling experience if you play gambling only for earn wise then gambling couldn't give you money. Because gambling is not a source of income. It is a platform where we could play different type of games and winner get reward. So only think about gambling it give us fun than good and do investment to earn money, because investment is a source of income. Well put there my friend. In gambling, casinos give us a way to get entertained and have fun and in return, casinos will get rewarded by the losing of players which will always happen because casinos have set up a house edge advantage to secure their business and keep them thriving. |
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There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?
I can't completely accept with your conclusion that trading is unpredictable. If you know what trading is all about am sure you will accept that trading is predictable. If you say trading is not predictable, it means there is no difference between trading and gambling. But there is a great difference between the two. The only thing you need to be successful in trading is a good knowledge of how it works, which I will recommend you Google babypipschool. well said mate, if you say gambling is an unpredictable game I agree, but we can predict if we have knowledge on trading. We don't have the capacity to predict the future of the trading, but at present, we can guess which is best to trade and which is not based on our experience in trading. First we will lose some money, but later on, we will improve and increase our knowledge in trading. In trading, if we are just starting out and keep on trading with small amount of practice money, we can really say that we either earn or learn in the process. There is really no losing when we first to trade online because you are still learning and the fact that there will always be losing trades even for experienced traders. |
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