I think that the biggest disadvantage of bitcoin is its instability. If I’m a merchant, I would be very wary of accepting Bitcoin as a payment. FOR EXAMPLE, if I received a bitcoin as a payment worth $100 now, I do not have any assurances that it will stay $100 the next day. I know that prices are volatile and that $100 can change into $1000. But what happens if I desperately needed that $100 at this certain time but its price dropped down to $50?

It is safe to assume that not everyone knows about bitcoin. It’s been almost ten years but I think that its still in its baby age. I’ve been on the Internet for so long but it’s been recently that I’ve known of its existence. And this phenomena will continue on, I think. Even when it finally reach its peak popularity, there will always be people that will not know its existence. Not everybody is on the Internet, you know.

Until today I haven’t really have a thought how gambling benefits me other than winning me some money. I realized that gambling DID do me some good in other ways. It thought me that common sense cannot be bought, that it must be used at all the time especially when it comes to money, and that one must always practice using it. It thought me to manage my money smartly. It thought me to segregate money and always prioritize my needs first before gambling out the rest. It thought me these things but sometimes I have hard time applying it.

This is one of the shortest way to having no money and having no friends. As the saying goes, “The road to hell is paved with good intentions.” You may feel justified that you used and gambled that money for good reasons but that is still not your money. Its money that you cannot afford to lose, money that you can’t afford to risk. It’s money that you cannot afford leaving on luck and praying you win more.

Form me I would wait for the right moment before made a bet or because I like sports betting sometimes I bet on the game that will end? i do that because no more chance for me so i think better i'm rely on luck. I will YOLO the shot out of it. It’s already my last balance it’s safe to assume that I’m on a bad streak. You’ll get the feeling that maybe this time you will really get it, win it, or at least get a little something back. Just like in the movies, you can’t help but feel that this is the moment that you will finally get your (temporary) happy ending.

Every gambler knows that loss is unavoidable despite when you loss of your money, why do we still keep on gambling and try to win even til the last drop? We know gambling makes a person feel good until the point in time where we will inevitably feel like shit. Everybody has control but for some it's an illusion to do so. To control your greed on gambling is to control your mind, will and body. Yes it's hard to do it but try to do so for a result. Once you made it, I assured you will be released from the bondage of gambling.

It can be especially if you enter into trading without any prior knowledge about it. It does not automatically mean that we are gambling if we enter into trading, I think it becomes gambling depending on our attitudes.  The end game is to get money, this is true, but we have to be smart about it. If we hold onto a stock, which is already going to hell, with the hopes that it will eventually rise back into its value- THAT IS GAMBLING. However, if we accept that that stock is shot to hell and then move on-THAT IS TRADING. As I said, it’s all about the attitude. Trading should be systematic, not emotional. It should be scientific and requires fast thinking and smart decisions.  It is strategic and brutal. And most importantly, it is accepting defeat and cutting our losses to minimize the damage and then moving on.

They’re both good actually but I think that investing is a better idea. Don’t get me wrong, I don’t discourage trading but I think investing is a better choice for a few reasons. Investing is putting stock and trust in a company or a bank that will help you grow your money. Once you’ve found the right one, you will find out that that investing is safer, more secure, and more stable in getting money. Returns may be smaller than trading but rest assured that you will get returns. In the other hand, Trading is volatile; it’s a landmine full of traps. You will commit mistakes and lose more money in your first tries. But it is strategic, meaning you can learn to navigate around the market with fewer mistakes and without getting shot in the foot. It will cost you much because the risks are high but rest assured that when you learn, the returns are higher.

In my opinion it is better to invest. Gambling is a win-lose, 50-50 situation while investing is a win-win situation. Gambling does have the surety that you will win every time. Even if you have luck on your side, sooner or later it will run out. You cannot depend on luck every time because it’s unpredictable and fickle as a cat. But in investing, despite the high and lows in the market, there is an assurance that you will get your money in the end and more. I do admit that investing can be disastrous and catastrophic sometimes but it is easy once you’ve found the bank or company that will take care of your money and stocks. Even though we are young, it is better if we think about our retirement fund and where will we invest it this early on.

It depends on why and how you will use the money. If you want to buy something, a car or a certain property then you better save. Or if you want to go somewhere to spend the holidays or simply a vacation then it’s to better save. But if you want to have money to spend in the future then you better invest. Or if you want to provide education for your [future] children, it’s a good idea to invest. Sometimes, saving or investing is a matter of time. If it’s something you want in the near future then save. If it’s something that it is not be used immediately, like retirement fund, then you better invest.

Why not both? It’s true that bitcoin has more advantages than gold. It’s more secured and transparent. Its value will continue to rise as is the demand for it. But we should not also cast aside gold just yet. Gold has persisted for many years as a store of value for a reason. Gold has proven that it can stand the test of time, that it is durable and will endure more years to come. I think it will continue to persist for at least another generation or two.

You could invest it on an investment fund and let math do its magic. You could go to banks or financial institutions or companies that offer investment products suited to your needs. By investing your money in places like these you can make your money generate more money, more earnings, and more savings.

It’s not even considered legal tender by some of the world. But I do believe, given time and information dissemination, that Bitcoin can surpass the strong currencies that rule the money market. Dollar, Yuan, and everything in between will be forced to give way to Bitcoin when the time comes that it will take the throne of being the strongest currency in the world.

It depends on why and how you will use the money. If you want to buy something, a car or a certain property then you better save. Or if you want to go somewhere to spend the holidays or simply a vacation then it’s to better save. But if you want to have money to spend in the future then you better invest. Or if you want to provide education for your future children, it’s a good idea to invest. Sometimes, saving or investing is a matter of time. If it’s something you want in the near future then save. If it’s something that it is not be used immediately, like retirement fund, then you better invest.

Why not both? It’s true that bitcoin has more advantages than gold. It’s more secured and transparent. Its value will continue to rise as is the demand for it. But we should not also cast aside gold just yet. Gold has persisted for many years as a store of value for a reason. Gold has proven that it can stand the test of time, that it is durable and will endure more years to come. I think it will continue to persist for at least another generation or two.

If you’re already in your computer then it’s an easy detour to Google if the gambling site you’ve entered is a scam. Do your research first before gambling on gambling sites. Read the reviews and the internet offers lists of scam sites written by people who’ve experienced them. Read and watch all the information you have before gambling your money away. Don't waste your time and money when a new site arrived, search before you play and pay.

I’m gonna tell you instead on why we should use our Bitcoin. I think that hoarding Bitcoin will not really help the campaign of making it known worldwide. I’m not saying that we should sell or spend it all; after all it’s still a good investment. What I’m saying is that we make it circulate. Circulate it by paying services and products in Bitcoin. Circulate it by selling it and trading it in the market. Because through these, other merchants will be pressured to accept Bitcoin as payment option and people will learn to accept it. Make it go round.

It will since it is one of its indirect objectives but not just yet. Paypal has made its way through the top by trial and error.  They have years to correct and sort out and all the kinks and bugs in their system. They have earned their reputation and the trust of the people that use them. They have bettered their security all throughout these years that’s why Paypal will be hard to unseat from its throne. But it is not perfect and this is where Bitcoin can enter and earn its own reputation.

I’m not an expert on what’s the real reason to hold onto bitcoin but I sure do have opinions about it. I think we should continue holding onto these as store values because of durability and popularity. Gold for durability because it has endured thousands of years as a currency and that is enough testament that will continue to endure more years and will not fail. It’s elemental, I know, and that is Gold’s number one disadvantage. It will run out faster than we can mine it but until then it will remain. Popularity for bitcoin because it is gaining massive following all over the world and will continue to do so these following months and years. Not only it is popular it also features everything modern tech can offer. It has better security and has anonymity to offer. Demand for bitcoin will go higher and so will its value.

Many different reasons. Some countries just legalize it and is considered against their anti-money laundering laws some countries just bans it because it’s a crime without any specific reasons. But some countries may have legit reasons why. For example, Bitcoin is banned in Bolivia because the country has their own mojo going on or some shit. I heard cryptocurrencies and decentralized digital money are banned there because they already have state run digital currency that can be used by anyone to make payments and such.  Some countries do not necessarily support Bitcoin but they don’t regulate it either so people can use it freely. Some have regulated and included as taxable asset like in the USofA and Israel.