You have to set limits for both winning and loss, don't play with all money you have in your wallet. Just play with what you can afford to loss. yes gambling should be only considered as way to get entertained and only gamble when you are bored. Cashout your initial deposit when you make some profit and keep playing only with those profit, make exit when you loss all those profit.
Gambling should be also meant to just pass your time, I believe any entertainment when crosses its limits becomes a addiction and a addiction that involves money like gambling can be seriously dangerous. I think if someone is loosing all his money and anything they earn, they must make a rule of whatever they will earn will be cashed to their fiat and hence avoiding any chance of loosing it. |
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The Bitcoin technology is kind of slow starter for those of us in Africa. The awareness isn't what you compare with those in Europe. Although seminars and talkshows are set up now and then to get people into the rave of the moment with Bitcoin, the participation hasnt really caught on that much. I get asked about Bitcoin once in a while. But most times I do the talking to people and not people asking me.
The seminars are usually focussed on promoting a particular bitcoin based service and obviously enough that's their funding source too. People who attend such seminars are bored because they know they will be given information about their product. Some people have a misconception that bitcoin is a ponzi and these seminars are just to get more people into it, such thinking can't be helped either. |
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Investing in BTC is a good idea however, this is not the time of investing in BTC because the price of bitcoin in the market was so high that's why as I advise try to invest in other altcoins and wait to reduce the value of bitcoin in the market.
well if somebody want to increase their money he need to invest in bitcoin and if you think the price is high not suitable for investment, so i think now a days the price of bitcoin is low and it is a good chance to invest your money in bitcoin and i do not think that the price of bitcoin will decrease below this amount, i think it will now in few days start increasing so i will say that it is a good time for investment in bitcoin other than altcoin. I also think that nowadays the price of bitcoin is lower because in the future the price of it will increase more and more. If anyone will think about that time when the price of bitcoin will be more than $5000 then he will consider the current price a much lower price. Still you consider as lower ? That shows your faith on entire bitcoin system. I am also suggesting my friends to go for investing into bitcoins as many experts are speculating bitcoin prices to reach million dollar levels. Hopefully we can see bitcoin to hit $10k this year and millions by 2020. When we are recommending bitcoins to our friends and known people then automatically we can see bitcoin prices flying as new investors is the thing will be doing all the requirements of a perfect investment. |
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If you are talking about crypto trading yes it is unpredictable, no limits up/down , you may end up broke, thats why if you want to trade every single day you have to read first everything about the coin you wanna play with, then read the charts and try to find some info about a possible price rise or fall
Well you dont have to panic , so this means you have to trade with what you afford to lose, if not ...you cant avoid it!
my conclusion is if you dont have the time to watching the markets/news 24/7 and you dont have a group to discuss and do some co-work, then you gonna need a bot save your from a down trend and limit your loss,
P.S trade bot is another story (how to set it up) and be trusthworthy with your folio!
There are no price movement every day for altcoins. if there is its just cents which may not affect much unless you have hundreds of thousands for decent profit. you'd rather go forex or stock market if you wanna do it everyday and treat it like its your business. Wrong. Some crypto trading experts called it the wild west. Because it triggers and changes more than that well manipulated and bank controlled forex trade. If you have less money then crypto also fits best. In forex either you gotta need high orders or you got to have high balance for you to get significant gains. Yes this is true the cryptocurrency is the best for those with a low budget capital, the forex is quite a big game to play there you will hardly find someone with a low budget and if there will be any they will not be earning as much as the people in the crypto are earning. Not specifically the bitcoin but there are many alts with the potential to give you quite good return on a low capital. |
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I gamble for fun but obviously my main target is always to try & win money. I never gamble with large amounts though so I guess I always have fun even if I lose  if you your main purpose is to play gambling for making money, then how can you say that you are playing gambling for fun. in fact you are investing your money not for fun bot for money only, because your main aim is to make money. Precisely, the way to have fun from gambling is to earn money. By making money from gambling, you'll get fun too. If summed up, he gambles to have fun with making money. Or, or he does not understand what it is to gamble for fun and what it is to gamble to make money. This is very good to cut it short and directly coming to the issue of the people going to the casino for the reason otherwise a game can be downloaded to your computer system or to your cell phone and you can play it there easily without paying extra for it. Someone going to casino and playing games there in the gambling and want to say that he is having fun it simply mean that he has fun with the earning from the gambling. |
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Well for me i will invest the half one and played the remaining half so in the mean time whether i lose i can be gain profit in my invesment abd if i win when played, well its nice that it can be x2 my money since i had many experience playing in many casino i know now what i'm doing
If you lose your 50% of your money in gambling then you many need to wait for how long to recover those losses from other investments no one can tell you. Because investments take time to give you a profit and in gambling results are instant. So I will never spend so much money for my enjoyment instead may be 5 to 10% of my money for gambling entertainment and rest investment purpose. But no sensible person will spend this much money for the sake of entertainment. This is what we say as poor management skills. It is good to pre plan the things so that you don’t face a harsh situation in the end. If someone is very much Involved in an activity of spending I guess 15 to 20% is more than enough for it. I will not spend this much money on my hobbies ever. I am glade that my hobby is investing and I am doing very well with it. |
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If you have some favorite team/games that you always watched it is an advantage for you to win and gain profits but the rewards is not that much especially for those fav team you need to have a good capital in order for you to win big because of low odd.
The point is, at least you are earning and doing rinse and repeat, you will still win big profit in the long run. Most of the gamblers loses big time, when you manage to have more winning bets than losing one, then you are good to go. There is no easy profit but as much as you earn and you can handle your winnings well it is good. But i disagree with you bevcause mostly gamblers losses in the long run and not earning .Gambling isn't the right way to earn money unless you are the owner of a gambling hoise every minuye and every second it was an easy money. You are right that majority of gamblers will lose in the long run but there are quite a few that outlasts it and win more than losses in gambling. These people are professional gamblers who have the courage and discipline to control their self when gambling and only stick to their pre-bet plan. Very few gamblers have discipline and self control and those who have can only make good money in gambling and if you lack it the you will surely end up loosing everything. I guess I understand your message in a right way though you have written too bad English that I will say my kid will write much better than you being a grade three student. Anyway you talked about the self-control and this is true, if you can’t hold yourself in a critical situation you can never be successful in gambling not even gambling but in life as well. So, it is better to work on you emotions first and then gamble. |
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There is no way you can 'transfer' any money to any bitcoin wallet. You have to purchase bitcoins with the money which can be transferred to your wallet. Since you are scared for the huge amount, make it into small parts, and look for bitcoiners near you who will accept cash for bitcoins.
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Card is fully anonymous. And it is linked to account, where you can exchange to other currencies as well. ATM withdrawal limit is 100k/month
What is the country of origin of the issuing bank ? If it is linked with an account, does buyer get access to that account too ? What are the withdrawal charges for ATM withdrawals in other countries and how much will the card be initially loaded with ? If you are able to share more such information, that would be more helpful to decide further. |
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Partially agreed with op, but there is another thing which we have to accept is, bitcoin is known and is being used by a select few who are mostly tech savvy. If you bounce on any common man in the most developed world who has nothing to do directly with technology, you will be in the same mathematics.
Some people misinterpret about India just because of India is the neighbor country of China. But adoption level of bitcoins between these two countries are in two different extremes.
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Everex’s comprehensive solution not only enables people around the world to employ more agency in managing personal finances; it also provides them with more global investment opportunities. The actualization of Ethereum is nowhere near complete; however, the technology has already managed to set in motion decentralized solutions that were once deemed impossible. Recently it has been lauded as the future of cryptocurrency, but Ethereum’s potential outstrips even those accolades. Source: https://techcrunch.com/2017/06/04/business-in-the-age-of-ethereum/Yes, a decentralized global workforce can be a reality one day, but it cannot come overnight. There has to be intensive awareness and motivation across the globe initiate by all stakeholders of humanity for many years at a stretch to make people understand and accept it as a reality. But over the course of time, anything miraculously may happen. We should give enough time those to happen. |
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Not sure about the United Kingdom as they still follow the European Union rules when it comes to finance, but in most countries, bitcoin is not taxed as it is not recognized as a currency in the first place.
But, the moment you convert your bitcoin to any accepted currency, you need to pay tax on it as it is considered to be an income in the recognized currency.
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I hardly think so. I'm not gambling at all. Back then, I used to spend a lot of time in front of my computer just gambling and then I realized that I'm giving my time less value by spending it on nonsense. Gambling is nonsense to me. It's not giving me money and at the same time it's just giving me momentarily happiness. After winning, you're glad for only a couple of seconds and then you're constantly upset once again about losing.
What you did is an excessive gambling, of course that is not good but in general gambling is not really a waste of time, it always depend on how a certain user are managing himself. If you are responsible there will be no problem with gambling and I assure you that you will have fun with what you are doing. Mate don't mind me calling it but gambling is actually a waste of time only and nothing else, calling gambling a way of having fun is nothing but fooling your own self. No one in this world is rich enough to loose his money for fun, not even a single damn person. Basically if a guy is loosing money and calling it fun, he is either mad or addicted. |
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Yes , we have different personalities and thinking on how things happen to us. We have different abilities and skills to use in a type of gambling the only similarities are we are playing to have fun or to earn profits. Well if we move in some point what mostly happens in a personality is getting addicted in gambling in winning event then in time of losing with greed to earn again what they losses.
It is true and that can be proved if you closely visit a gambling site's chatbox where people are raining all the time and there are guys calling the site a scam. The guys who are raining or donating money are the immediate winners while the ones who are cursing around are the immediate losers. That is the reason admins usually don't ban them, since they know its just their immediate anger. |
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How does some one go about cashing out 5 million dollars worth of bitcoin?
IS there a trust worthy exchange that doesn't have low limits.. and high fees?
Bitstamp allows any amount it seems at .09% fee so for 1 million dollars it would be $9,000 fee.
Does anyone have any experience cashing out large amounts that does not take a year to do?
thanks
The problem is you will not be able to withdraw your amount trough an exchange site. Better to split your money into some parts and try various exchange site to withdraw your money. But it may take more time to go. In another case, if that makes less on your own risk. I think every exchange site has a tier or daily limit. Yes this is a much better idea. It will be very tough to use this amount as a whole if you split your money. Also the use of various exchanges for this purpose is an excellent idea. It is good to be safe as with using various platforms you diversify the risk related to your money and a successful person is the one who knows how to reduce the risk factor. |
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The best source of earning bitcoins is signature campaigns and selling of skills like graphic designs, programming skills while others makes some bitcoins in gambling and hyips.
I earned bitcoin in signature campaign by doing poting and some effort and time and for surE YOU GET PAYOUT after you comply all requirements of the campaign. I dont have a skills like graphic designer and programming but my coarse is IT . I hope I will learn more in IT. Gambling and hyip is not good idea because they have possible that your bitcoin lose if you choose that. - Agree, gambling is not a good investment idea because the risks come from gambling is huge, it all depends on our luck and most of us just waste money when gambling, we rarely get the win. HYIP is an investment can be quite risky but if we know the selection and analysis, we can get a pretty good profit, a lot of people are also relying on investing hyip to make money, investing hyip would be a good idea if we have experience about it. If we like safety, the best is join signature campaigns and free faucets Yes, in gambling the risk is very much high as compare to the other activities with which you can earn the Bitcoin. Also it is not only your knowledge and experience that is counted in the gambling but the main factor in earning money with gambling is a good luck. If you are lucky enough you will win and if not you will lose which is not really good. |
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offer accepted
Are you sure ? I just wonder what a person is going to do with some name other than using it for faucets. The best end users who can buy your domain at the price you ask for are the original developers of Macroncoin. But the saddest part is, they can just catch your ears by filing an UDRP and simply snatch the domain from you if they have registered Macroncoin as a trademark or can prove their popularity with that name to ICCAN. |
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It is depended on how you are collecting Bitcoin because if you are collecting Bitcoin as normal way: faucet claiming, ou are really wasting your time doing useless things
Yes exactly, it depends upon your strategy of collecting the bitcoin. The faucet claiming will not help you anyhow because it is a very slow way in fact if you are thinking to collect the Bitcoin through the faucets you are wrong. You will hardly collect one bitcoin in years. This is so disgusting. |
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I don't think bitcoin will ever rise up to 50000$, but if it does I'm totally selling it away. For now I'll just hold
I bitcoin bitcoin hit 50,000$ after 25 or 50 years 50,000$ will be cross bitcoin have require a very hard struggle if all people can start bitcoin with hard struggle and spread knowledge to every person I hope bitcoin cross 50000$ in future will passed with hard struggle. thats where you wrong bitcoin can reach 90k usd per bitcoin at 2050 and can even possibly reach 6k usd at the end of the year and lets hope it would actually reach 6k at the end of the year that would be soo nice Still 6K at the end of this year is kinda insane. I don’t think it will go this much high in the end of this year. Though it have the scope to go high but not this much rapidly because in my opinion the bitcoin still have a long way to go. There are still people who don’t even know that what is a bitcoin. But practically bitcoin is growing regardless of those people's awareness levels. When bitcoin will be having huge values, all the people will come to know what is bitcoins and that may help further to push forward. This way $50,000 seems highly possible too. When $50,000 is possible why not one million dollars ? |
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im gambling for profit because there is no point of risking my own money just for fun no one become happy when they lose their money
There is something else that you can risk your money for and that is for fun. It is much more fun to risk something like your money , without risking money it wont be as fun as it is. When we risk something like money especially when it is hard to get, the pleasure of winning will be very high as well as when we lose that is why play with a small amount only This is a good suggestion to play with a small amount instead of huge amounts which after a loss can affect your life more badly. I guess it will be the best to play with a little portion of your pocket money. if it is lost in the gambling you will not be greatly affected and it will be a bearable loss for you so you will not be hurt much emotionally as well. |
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