I think both are a type of gambling only. You Have to have some luck regardless of your experience and professionalism in trading. Sometimes we'll be just a part of someone else's plans. I do both but trading is less riskier.
It is really gambling when you see it how they are functioning. And yes, I agree that it is less risky to do trading. However, if you really are not skillful and knowledgeable with the trading fundamentals and workaround with crypto trading, it is better to learn them first with the small amount of bankroll and increase it as you increase your knowledge and skills as well. |
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There are 2 kinds of person 1 is people who don't know Bitcoin, 2nd is people who knows Bitcoin. From the 2 kinds of people they have different views. If you will ask here then probably most of the answers are they prefer Bitcoin over flat, but if you will ask people who doesn't know Bitcoin then they'll answer flat over Bitcoin. As for me my answer is i still prefer flat because i will not be able to use Bitcoin for my daily expenses.
You are right mate. We should not prefer using one over the other and instead, use them both to our advantage - like using fiat money for basic financial transactions both offline and online and using Bitcoin in transactions that accept it as a form of payment. |
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Let's get serious with this that the dips will not be those intense, the way they had been before!
I think that Bitcoins are now gaining some real values because investors are into it taking it more as a global currency than just a way to make more money over their investments.
I agree, and I do hope the dips won't be the same as before. It actually is scary though it will increase back again, but still it was crazy. Maybe it won't be the same as before because a lot of people treat bitcoin now as a great value and asset. If you are talking about times when it went crazy from 35 to 5 and then slowly gained back, think again. You will really need to have a magic wand or pessimistic people need to pray hard to God to make that kinda drop happen, because the way I am seeing it, people are taking more interest in it as a way of financing their needs with something totally volatile, still one of their best choices to make their money communicate the way they want and without any "body's" interference. That is true. One of the reasons why lots of people are getting interested and are using bitcoin is due to the fact that it is less regulated and is somehow easy to use with some sort of anonymity. That area is really where Bitcoin is gaining traction over fiat money. |
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Though experience doesn't warrant winning in gambling, it helps when it comes to make wise decisions that will either make you win or stop you from losing very heavily.
You are right, Experience doesn't help when we talk about games and events. It help to know the right moment to stop and don't throw all your money in some hard games. Maybe experience can control a lot and learn you to relax. Experience matters when it comes to games of skill in gambling such as any type of poker, if you do not have the experience of playing it at all you will probably not win at all. But games such as dice or roulette I do not think experience matters at all because it is luck You've said it all, some kind of gambling games require experience and skill like poker and sports betting but dice games are predominantly based on luck even though you need some basic understanding of the game in order to play well. That is so true. It will be a lot riskier if you play these luck based games versus skilled based games but this should not trick you and be complacent about the latter - the skill needed is so high that you always want to keep on learning and honing your skills in order to have more winnings than losing like in poker games. |
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full of patience to do trading.
Buy coins whose prices keep rising.
Save the coin and observe the price.
When the coin prices rise, immediately sell if you want to make a profit.
Straight to the point, direct, and very good advice. Above are basically what we need. Just buy low and sell high do not complicate things. When you get to be used at trading, you will discover some strategies and will do well with trading. |
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If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
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. Because of the house edge advantage of these both offline and online casino, if we still play in the long period of time in a session, we will get reckt along the way because house edge is at play already. Better play just for fun and entertainment. |
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What keeps me coming back is when I'm winning. It's the greatest feeling of all the feelings you can feel in your life  . When you win money it makes you addicted to gambling. When I'm gambling I do a lot of risks but I still go back because I'm addicted to it. I can sense that you are doing good still even if you are addicted to it - maybe because you are just using money that you can afford to lose. That should be the case because if we are using money that we cannot afford to lose, we get depressed and stress. |
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How does one Put down Gambling for good?
Focus yourself on other things. If your reason only to gambk8ng is that you want to earn or to have income you must focus on other things as well as find some stable jobs so that you don't need to put all of your money to gambling and you dont need to lose and lose again and again. Find yourself a stable and good job. But then there are other ways to earn money and gambling is the least important of them. We can spend our time on learning new things and honing new skills and work on them to get ourselves a job and a decent earning. Then maybe one can also setup a new business as well. Gambling is for entertainment and not for earning purpose. If one is addicted to gambling then they need to abstain from it if they want to survive. Gambling should only be for fun and entertainment, period. I have a friend who owns a restaurant and lodging house and was earning pretty well but due to his gambling addiction, he is now is hard financially. I even saw him giving away fliers for some products that pays only little commission if someone buys from him. |
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I don't know why but I always get a feeling to gamble, after then losing my money, I quit for some time and then continue, but I know I will lose my btc  Why is it so addictive? The number one reason is because of greediness. Of course as a gambler, you don't want to end the game when you lose. You always aim to quit gambling once you have won. However, if you didn't meet your expectation, addiiction could trigger which is not good as a player. I agree, because once you start to play gambling and at the beginning you already aim for the prize but you lose the game, you will have a trigger to play again because you really want to win, sometimes that will be the start of losing money because we have no assurance in winning in gambling. Yes its true that one cannot assure you that you will win a big prize. You may try a hundred times and gain a negative profit but some other lucky dude can just win the jackpot in their first bet. It all depends on luck and that luck is hard to foresee - in fact it is impossible to foresee. Hence one must not play EV- games too much where the odds are against them. I agree with you mate that the game of luck is really hard to win most especially in gambling because the odds are really against you multiple times. If it involves lots of money, then it is not wise to do so but if you are only using a portion of your money that you can afford to lose then that is perfectly fine. |
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If you want to have an steady income, you need to have a business or make an investment. Because steady income need an stable business. Also try the mining because I think mining gives an assurance to income.
That is true, employment is not really that stable especially if you are working on private companies because any time when the company encounters financial trouble, you will get affected by it through layoff and the like. However, I believe if you work on government agencies, there is that security of tenure but nonetheless, with business, you will have not only potential steady income but a place to grow more and have financial freedom. |
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Banks will change or go under but they won't go away. They will always find some service to provide that someone else will want to buy.
that right, banks will not easily disappear because banks always find some service to provide that someone else will want to buy.  as long as the banks don't want to open their eyes with new technologies, the banks will be disappear soon because every time new technologies comes out, it will give something new and something good. so banks will not disappear from anything as they want to follow the technology and if its good for them then they can implemented with their system. Banks are actually adjusting to technology and I believe they are even quite advanced already in so far as online banking is concerned - it is just that banks are not into technology business but they are actually using technology both for the benefit of their clientele and there company. |
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One of the things some peoples prefer bitcoin because with traditional banks, it can take some time to even open a bank account. Setting up a trading account for payments will be even more complicated. While a Bitcoin address can be made very quickly and at no cost. Bitcoin is easy to use in delivery problems.
Yes thats why people want it because of that. It is easy to earn money and transact with bitcoin. And due to the high value of bitcoin we can easily save money and have an investment it could be easy for us. I prefer bitcoins too because it is fpr me to create money their than in physical ones. With the recent price rise of bitcoin, signature campaign earnings are quite good already and a good addition to our income. Not to mention that it is very easy to use bitcoin in online transactions that accept bitcoin. |
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Bitcoin is being used widely in porn sites, gambling and drug dealing sectors. Is that why the btc made for ? I have seen a lot of members in this forum discussing about buying drugs, gambling and enjoying porn with bitcoin. Is not it a misuse of a currency ? Block chain tech is a awesome tech and btc is getting popular. I hate these misuses of precious btc. It hurts me. This will lead into unhealthy society along with unhealthy future generation.
Thats interesting because last time I checked cash was also widely used in the three industries that you've mentioned above and has been for tenfold the amount of decaded that BTC has been. With any type of currency you will always have people that misuse it, period. That will never change. Yes that guy has no idea what he is saying. What is wrong with porn btw ? Like must we all live according to you ? Drugs ? What's wrong with it ? Buying online takes the black trade and dealer out the picture and makes it safer. Gambling ? Well that up to ewch person to decide. You can't say Bitcoin is to blame. That's like blaming eating utensils for being hurt when you trying to cut your food up and cute your finger ? Bitcoin should never be blamed about those illegal transactions because even with fiat money, illegal transactions are also thriving. It really depends on the person how they are going to use it - whether fiat money or bitcoin. Now, it is the duty of our government enforcers to catch these guys. |
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No, banks are already thinking into some way to use bitcoin technology to save them a lot money over their inside transactions. Bitcoin isnt a real problem for banks, they provide a usefull thing the loans for over 2 years up to 50 years, the max period you will lend your coins will be for maybe 2 weeks with colateral. Besides those the world economy does use banks, and they wont change it at all, soo bitcoin isnt a problem to banks at all, even with some people using it, the money will return to banks in the end.
What you're saying is true because people will also exchange btc to fiat in order to buy things that can only be bought by means of fiat money. But what everyone saying here is what if many countries began accepting btc as a payment ( as we all see they began regulating btc ), and what if many people are using btc let's say 60% btc 40% fiat currency, I wonder if the banks will accept the fact that btc is the new age and they will bought a lot of btc in order to replace their money into digital currency which I think if they don't do some companies will begin launching other cryptocurrencies banks and the older banks will fade, which I think this will have a lot of contradictions regarding fiat to cryptocurrencies to Central banks and to online banks and to government and it's people who use cryptocurrencies. This will be a long haul of hearings and New laws will be implemented in the payment system of cryptocurrencies. Your assumptions are valid but it is far from happening anytime soon because our financial industry, which banks are in, are regulated by the government and they can control and implement policies for the thriving of these banks. |
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Hello All,
What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.
Steady income more likely to be 'small & secure' than 'big & risky'.
Thanks,
BR Oinas
There is no steady income in crypto currecy, everything is not permanent. For small and secure source of income, trading and investment is the best. I recommend you to invest in altcoins which has a huge support so volatility is less likely to happen and for trading, trade a coin in which the resistance isn't huge so you can trade effectively. I myself think that why it takes a permanent job if you alone can generate a great income. Although not fixed? There are many methods of obtaining bitcoin, although the income is not fixed. But you can generate a high income That is one of the most sure thing about bitcoin is if you have a great determination to work hard then those determination and work hard will be exchange for a high income because there is no impossible in bitcoin and you can earn a lot of money more than a manager position in a above average job or even earn $5,000 in a month or if you are very good bitcoin user then you can easily earn that within a week. If you are a skillful trader, earning that much or even more is very viable with bitcoin and other altcoins. Skillful traders are very rich right now with their altcoin investment and is still continuing to do good with their trades. This does not also mean that they doesn't have any losing trades but because of their experience and skills, they are able to have more wins than loses. |
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You just need to deposit at the trading site then start trading but first you should research first how to trade the strategy and then the legit trading site after that start depositing now the small amount and then learn how to trade by experiencing it because that is the best way of learning after that deposit all your funds for trading.
There's a lot of legit trading site that are existing nowadays. And with very small amount what do you mean or how much you mean by that? It's better to know first what are the best alt coins to invest. Not all the coins are good for investing for small amount but if you can add some more capital, better make your investment higher. in so far as trading is concerned, it is best that we invest to high volume altcoins and having some sort of volatility this way we are having much time to earn out of price volatility versus the low volume altcoins where the price volatility is pretty seldom - you may be waiting for nothing. |
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Though experience doesn't warrant winning in gambling, it helps when it comes to make wise decisions that will either make you win or stop you from losing very heavily.
You are right, Experience doesn't help when we talk about games and events. It help to know the right moment to stop and don't throw all your money in some hard games. Maybe experience can control a lot and learn you to relax. Experience matters when it comes to games of skill in gambling such as any type of poker, if you do not have the experience of playing it at all you will probably not win at all. But games such as dice or roulette I do not think experience matters at all because it is luck That is very true that with skilled games like poker, experience plays a vital role for you to win big. However, in the games like dice, experience also matter but in so far as creating sessions, bankroll management, and calculate pre bet strategies. |
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We witnessed all time high price of bitcoin in recent times and now price has gone down again but this is a good time to buy bitcoins as price will go higher in coming days too and we may surpass the 3000 usd price in next few weeks.
I just hope so, it has come down but at a small amount but we can't tell the next few weeks though. And if does go up in the coming days and reach a new ATH hopefully it won't fall down back to $1500. You shouldn't worry about falling back to the $1500s as there is more than enough buy support at any level above the $2000 mark. People just need to get used to these fluctuations as they are becoming more and more common nowadays. If you are a real hodler, these fluctuations shouldn't bother you at all. Hold the line and don't be too emotional if you are in to a long term trading with bitcoin. This is same as true to ordinary stock investments where long term traders buy shares regularly irregardless of its price - they are after to long term profit and not short term. This is quite effective though. |
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Do not enter to the trading world if your capital is so very small because it will eat only by the transaction fee. Invest a high money I know it is good and it is really effective to have a good profit.
transaction fee is too much high no doubt, but i think if a person has limited amount of money then he has good opportunity to trade cheap coins which have more chances to increase their prices. That is really the beauty of trading altcoins because you can invest with very little bankroll and you are good to go with learning how to trade with crypto. Once you are confident enough with your trading skills and capability, it is high time to increase that bankroll and make a killing!  That's true these days we don't have much process to be fulfilled to take part into trading due to the existence of large number of exchange websites. A small capital is enough, with that learn investing into low price altcoins and further on feeling stabilized increase your capital and earn good. You said it man! Playing small bankroll with crypto trading is nothing more feels the same of doing it with high amount of coins. Think of it as just numbers that overtime, you are moving decimals to make it a whole number. The most important thing to do is learn as much as you can with the small investment of your trading and once you are confident enough that you can win more trades than having losing trades, then it is high time to invest with big bankrolls already. |
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Some of the gamblers are coming back because of promotion or gamblers back because they win in the past and hoping to win again if they come back but sometimes even if you lose you will go back again because you want to retrieve what is loss.
One of the reason is when they are seeing ads from the casino's that offers cashback and other bonuses. And if there are names who are lucky gamblers that is the start of their fortune. Gambling is something that gave us excitement when we saw people winning and some convincing offers. Well if you've lost succession during the first times of gambling, i don't think you'll find the need to chase your losses. Coming back comes from the elation of winning and wanting to experience it again and earn more. I agree that gambling's excitement makes people want to buy in amd bet again but in the back of thwir minds there's always the hope of winning again. Chasing previous loss is really bad. We should move on and play a new gambling session. We should we realized all the time that in gambling we win some and we lose some. There is no gambling games that we always win. So chasing those previous losses is bad. |
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