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201  Bitcoin / Bitcoin Discussion / Re: Staying away from Bitcoin for 5 years on: May 21, 2018, 10:33:20 AM
In 5 years it will be probably replaced by some new coin. Bitcoin is not flawless, so 5 years is a great term. Just don't store them on warm wallets, sure 80% of current exchanges will be closed or hacked)
If you have invested in Bitcoin and want to make it long term then it is a right decision but it will necessary to monitor the market because you can not sleep all the five years and to stay away from Bitcoin for this long time is not a good decision at all. The Bitcoin is not so long term as five years but it is a long term for a year or maximum for two years. You should monitor the market and keep staying here to caste the right opportunities.
202  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Long vs. Short: Bitcoin and Alts on: May 21, 2018, 09:59:06 AM
Hey guys, which do you guys think is the most favourable coins for long and short trading strategies for the remainder of 2018?

Opinions, please!
I always had two investment portfolios - long and short. I think this is a very good strategy, which will always bring profit. The bulk of my investment is investment in bitcoin.
It all depends on how much time you do have and other than that, how much resources you which you can then utilize for the sake of investing into any of the crypto currency. I think of long term investment of money to be much better option than that of day trading or short-term investment of money because it has lesser probability of the risk and can also help you in making more money.
203  Economy / Trading Discussion / Re: What to do if you lose $2,000 in trading? on: May 19, 2018, 10:01:57 AM
When you’re losing money I think what you have to do is have patience if you still have money in it. If you have patience, the price might recover and even get above the current price at which it is. But that should really be a lesson to anyone it happens to. I always advise some people that it is always better to withdraw when it is still early to cut the loss before it gets much to a point you can’t even afford it. If you miss such an opportunity, your only options are to either take the loss or have patience till things gets better.
204  Economy / Gambling discussion / Re: thinking quiting after lose on gambling. on: May 18, 2018, 11:06:33 AM
do you experience that after losing on gambling that you thinking you will quit gambling for good and never come again to gambling but then next day you are already positive  that you could win in gambling?

that happen to me a lot when i lose in gambling but a could never leave gambling. Cheesy
I experienced the same thing. For some reason, I can't stop gambling. I think its my competitive personality that is causing me to go on gambling even if its killing me financially. Everyone who undergo the same thing can understand this. I know that I really needed the money but I still ended up playing and losing money in the process. I am lucky I got away and never look back at gambling. Having a family really helped me have a purpose in life.
Being competitive is one of the traits that I admire but being competitive in such a ridiculous game is what I cannot praise or support at all because I am well aware with the harms of this attitude. You will keep on laying until you don’t come across a win. This will give you inner satisfaction. You might also win a game after losing for few time but that winning would actually be of no good in most of the situations and as per for most of the gamblers' experience. Instead of looking for winning back, I believe it must be a good decision to quit as it will end up all the war at once.
The first thing to be memorized is the gambler not just because the prospect of winning but he has more motivation than just winning. So even though they have laying and breed they will still gamble to finish his desire. The winning after take on defeat is another suggestion for a gambler to remain seated and continue to be interested in betting. That is true taking steps to get out of gambling after winning a bet is the best solution, although the satisfaction that will be felt is not climactic.

One thing is important  to me right now its the worth of money. I had lose some money that I save during the time that my only priority is myself. I don't mind even I spent big amount of money in cock fighting.

But now, I'm  planning to start over again, save money as I can and focus on my family. I need money for the preparation  of my second baby.

So I'm  planning to lessen my gambling habbit.
I think you don’t have any plans in your mind for your future. Everyone has the first priority money and you are not giving importance to it and wasting your money in useless activities. I agree that we should not love money so much we start earning money from wrong means but we should save some handsome amount of money for ourselves to meet our future needs.
It could lead one to very disastrous endings because planning is something that helps you to maintain a track and that track from which you will slip, you would have to face a lot of problems a head then. Planning helps the person to work in a rhythm and without doing any mistake. Making money a priority is a sin in my opinion because when the person thinks this, he starts earning it by bad means also.
205  Economy / Gambling discussion / Re: Shyness in gambling on: May 18, 2018, 10:26:40 AM
A common scenario for all the newbies in casinos. I personally experienced this thing, I feel like an ignorant guy who just go to casino to make some mess but yeah they actually don't care as long as you have the money to play then they will seat with you. Also some gamblers saw this as an opportunity to fool you and have some money, I encounter this thing before. Well if you are a shy type person, online gambling is way better for you.

I agree with you and i guess it really happens to all newbies. I think it is supposed to be clled as shyness in gambling but instead being ignorant as you what you have said. Because gambling in casinos is a like more different than playing gambling inside your house or your friend’s house. In casino have different rules and different people you will encounter in the table until later on we will get used to it.

I think one of the basic ethics of a good gambler is his confidence and so if you are shy then you have no business venturing into gambling in the first place. I am tempted to believe that many of the people who feel shy at gambling are the ones that are not ready and resolved but for the sake of what they stand to get they enter into gambling.
No doubt confidence not only in gambling but also in other fields of life leads to a successful life because with confidence, you can easily conquer every mountain of life. And like you said in your comment, a person having very little or no confidence shouldn’t play gambling because in other fields, he can easily get a recovery but in case of gambling, the recovery is almost impossible.
206  Economy / Gambling discussion / Re: Do you play online casino? if Yes... on: May 18, 2018, 09:55:33 AM
If you are following my previous post,  you can clearly see i think that the online casino industry can increase the number of bitcoin user, however i still wondering what the casinos should do to optimize their offers, so the players take the next step and move from traditional to crypto casinos.
Yes its true that online betting encourages more bitcoin investors and supporters but im still believes that the essence of gambling relies on the Traditional gambling,the happiness and the enjoyable part of gaming..you must admit that theres no thrill in online gaming aside from winning.
a person who is not a gambler and truly understands the worth of bitcoin would never get involved in such a ridiculous harmful activity. But those who have been gambling for a long time would definitely enjoy gambling with bitcoin due to the reward they can get if they ever succeed I winning it. Besides, it is easy and comfortable to play from home while lying in bed or enjoying coffee or some other drink and snack.
207  Economy / Economics / Re: Will bitcoin be banned on Philippines? on: May 16, 2018, 06:35:37 AM
There’s a chance because of that scam I hope it will not because many people rely their incomes in bitcoin.
Exactly, but as a filipino I humbly say that crypto currency had been well accepted here in our country and as a matter of fact even senators used it.
Well this is a sad scenario that many countries are banning Bitcoin. It is nothing more than a technology that intends to change and make lives easier. Besides, those already dealing in Bitcoin have earned a lot. It is legal in the Europe and I am not able to understand why on earth would they wand to ban it in Philippines. It has been banned even in my country. But lets hope it gets legalized soon.
208  Economy / Trading Discussion / Re: Trading Tips for Beginners on: May 16, 2018, 06:04:09 AM
If you buy coins from the point of view of the low price it’s possible for you to earn in the future irrespective of the price of the Bitcoin when you purchased it because, as you know, the Bitcoin price is always developing and may result in considerable chances of earning a bigger profit.
For beginners there are a lot of tips but the first step is to invest in your own first and then to start and enter into the crypto trading. Without knowledge nothing is possible to achieve easily and if knowledge in present then everything is possible. Trading with a popular and valuable coin is your second priority and this will lead towards the frictionless trading. Another advantage is profit.
209  Economy / Speculation / Re: Bitcoin may continue to move higher on: May 16, 2018, 05:34:33 AM
Seeing that we are under 9500 again make me not feeling good , we might still go for 11000 but probably that will delay for the end of this month or in June .

But also under 9500 can be just small retrace for loading up before shoot , But I doubt . Dam I just dream when we will see 15000+ again .
For few days the price is between $9k and $9.8k. you can say that in these the price is stable and there is no volatility. But is obvious that in the future the price will grow more because now the growth is normal and there is no big pump which ends in high dumping. It is good time for investment in bitcoin because of the increase in the price in the near future.
The price of Bitcoin is increasing and that is called the average price of Bitcoin noting each year because we calculate the average price of Bitcoin that gives us the estimation about the development of Bitcoin as compared to the last year and other than the last year. This average result represent the demand of Bitcoin and this tells us about the future up going value.
210  Economy / Speculation / Re: Perfect Time to Buy! on: May 16, 2018, 05:05:50 AM
the most perfect time to buy of course when the price starts to fall or when the market becomes red and you can buy at a cheap price then hold and resell when the price rises so you will get a profit
There is a perfect time to look for investment and that is called the low market investment. We invest in low market in order to use less money and to afford the Bitcoins and get more number of Bitcoins. This will lead the market towards the high market where there you can sell out your coins in order to get the profit from your coins. The reverse system will react reversely and face loss.
211  Alternate cryptocurrencies / Altcoin Discussion / Re: How to hold coins in 2018 on: May 15, 2018, 07:38:09 AM
Whenever I found a good coin, I split them to two. More than half of it will be for long term which I'll be holding for more than a year and then the small portion will be for the short term.
In this year, the market value of most of the crypto coins didn’t increase at a very much Signiant rate and that the market values of the crypto coins are still not up to the expectations of the people and that holding is the only thing which can help us in having a better earning in the future. you need to keep all your coins in your wallet and after that, there is no need to even think of this thing that you have any coin in your wallet.
212  Alternate cryptocurrencies / Altcoin Discussion / Re: Lets be careful on what we are investing on: May 15, 2018, 07:09:52 AM
It is a very common rule and people should stop repeating this.

Learning from the mistake is an art and repeating is like digging the ground for yourself. The earlier you realize about it quickly you can make transformation in yourself and it will help it in your personal life as well. Then wherever it be investing or taking decision you will be better person everywhere.

In my opinion, investing of the money at the right place is far important thing than that of collecting the money to invest. If you will make some mistake and that you will not be able to invest at the right place, then this will surely result in undesired and unwanted results and that you will then be facing lot of issues as well. Study well and then make some smart decision after thinking smartly.
213  Economy / Gambling discussion / Re: thinking quiting after lose on gambling. on: May 15, 2018, 06:41:36 AM
It is very common for people who suffer so much defeat that they have a thought to quit such gambling. But, they still play. It is just a despairing thought of those who suffer more defeat than winning games. It happened once, but at that time I re-think what's wrong with the strategy that I apply in gambling. And well, a lot of mistakes I made and I did some research to fix it.
Greed, this element pinches them again and again and they start gambling even after losing so long. These people are victimized of all the facts that a gambling have in it. They are totally empty and they even don’t have to eat something because all the penny have been used in gambling and lost. But still, the greed to earn back money never let them go and they again start losing.

I don't know why many people are obsessed with a mindset of winning and trying to milk casinos. Lol. These casinos are business entities built to gain profit with a house edge. And gamblers are supposed to be there to have fun and entertainment.
No doubt casinos are totally made for business purpose rather than the place where all come and enjoy for some specific time. They are fooling their customers all the time and the people are thinking that they are very sincere to them. One reason that I find about casinos for which they are doing business all the time is that they have to pay heavy taxes to their governments.
214  Economy / Economics / Re: Will Crypto currencies make local currencies disappear? on: May 14, 2018, 12:06:12 PM
There is a chance that some form of digital money will replace the physical cash in the future. But even if that is going to happen, it is going to take at least 50 to 100 years. And who knows how the technology will advance by then. The concept of currency may become obsolete.
I think yes but it will take long time because till date many people even do not know the name of bitcoin. They need a long time to understand bitcoin and invest in it. I hope that in the far future bitcoin will be the only usable currency in the whole world and all other currencies will disappear because then there will be no need for any other currency.
215  Economy / Gambling discussion / Re: IS IT THE BEST TIME FOR GAMBLING? on: May 14, 2018, 11:37:22 AM
I think there no the best time for gambling, it's depend on your time only
We can play in gambling everytime. Just reminder that don't play on gambling if you have a problem.
Do you believe that there should be a good time for a bad thing? Gambling is not good and there is no best time for gambling. If you want to make money you can trade and if you want to have some fun, go to casino, take a glass of bear, dance with a beautiful girl and come back to home. No need for gambling there if you want to save your money.
216  Economy / Economics / Re: Future of Cryptocurrency on: May 14, 2018, 11:08:25 AM
Well, we haven't seen the future. Maybe this ICO will be a huge success and payout better. But this coin is a communication specific coin. Maybe they'll use this a platform for other projects tovuse their coin. But almost everyICO believe that they're the next star coin.
No one knows what the future holds, but bitcoin look very strong for the next months and years, and will become the best known cryptocurrency around the globe. Many companies and businesses will accept bitcoin. And hopefully, more Government recognize and legalize bitcoin.
The future is of cryptocurrency but most people still do not believe this. It is a matter of money and the worse thing is internet. Many people do not have this facility and they are unable to deal in cryptocurrency although they know about it and want to earn money from it. But I think it will not take long time and soon they will also enter into this world.
217  Economy / Gambling discussion / Re: thinking quiting after lose on gambling. on: May 12, 2018, 05:37:14 AM
If only it was as easy as it sounds. I have had some horrible experiences with gambling and have lost a lot of BTC because of Gambling. But, I still haven't been able to give up this habit and I keep coming back here to gamble more. I was introduced to Gambling by a fellow friend who was actually very efficient and lucky in this regards. But unfortunately for me, the luck has not been on my side. I am hoping maybe something happens in future and I am able to recover all my money but it doesn't look likely.
Even if you quit today, I am sure you would come back again once you will have enough money in hand.
Brother you are doing that wrong. Once you have known very well that this gambling can be of severe damage to your finances, then why you aren’t going to leave that. A wise human is the one who can retrieve good lessons from mistakes he had done in the past. Repeating that mistake can never lead you to the success. So better is to quit what is harming you in any way.
It will definitely affect your finances but it is your choice whether you go with it or not. If you are going to gamble then definitely you should put some rules for yourself because it’s the mistakes, that you were saying, are the lessons. And the only way to make sure of that is making yourself known and obedient with the rules.

It is always to set some rules for a gambler in order to restrict himself by not gambling more than which he cannot afford. even when you are making money you need to set rules for controlling yourself not to gamble more time continuously. Defining rules is always good for the gambler in order to control his patience and emotions.
Yeah you are right. Setting a limit for gambling will never let you gamble more. By this way you can save your money from losing, because at the end a gambler never win the bet but always lose and a big role in this situation is played by casinos. You should think about gambling. It is not a short cut way for making money. It is a short cut way for losing money.
218  Economy / Speculation / Re: Do you feel the rise of BTC anytime soon? on: May 12, 2018, 04:40:27 AM
Well yeah that's for sure because people now are just keeping asking when will they buy a bitcoin and it seems that they are really interested into it. The new generation of Bitcoin Investors will rise soon and bitcoin will definitely rise too.
Investment is normal but it doesn’t mean that the price will jump anytime without expectations. Now big dumps and pumps have gone and we are expecting the price will increase gradually with the passage of time. It is good to take long time for next increase and not anytime, because we want to increase investment ratio and most people do not invest in unwanted happenings.
219  Economy / Speculation / Re: Just sold all my BTC because on: May 11, 2018, 06:46:52 AM
This market does not have the steam to break 10K
Will buy back in when things are making more sense.
Bitches are buying ETH and Bitcoin Cash
BTC dominance is going down hill
A Bear Market could be triggered if BTC goes below 9520 according to one analysts. it has already done that today: Tread carefully and use stop loss if you recently bought in!
When you sit and see BTC go down 450 USD in a day you need to ask yourself WHY? Whales didn’t do it is called market sentiment. The whales spiked it 1000 USD in 5 minutes not long ago and caused this mini rally!

Maybe there is not enough steam for the next couple of days or 2-4 weeks. But I wouldn't wait too long to buy back in.
Many guys got burned as they thought Bitcoin doesn't have enough steam to break a certain level. And guess what happened? Wink
Furthermore the dominance index is a pretty bad metric when each week more and more useless coins get listed. This says absolutely nothing about Bitcoin's strengh.
Where I agree with you as that a decline of $400+ in a matter of hours is a short term sign of weakness. But don't forget about the fundamentals who are looking extremely strong and have never been better. So don't become uber pessimistic, because there is absolutely no reason to.
8900-9100 should be a very strong support level imo.
And when you have a look at the weekly chart you'll see we already bounced off from the 50 moving average and got rejected at the 20 moving average. As soon we break through the 20 moving average and stay above it for 2 weeks at least, this could be the sign of a possible next uber bullish rally.
In my opinion you did a wrong decision because if you sold your all holding due to the fluctuation in the price then it is wrong because a little bit up and down will be there in the price, because it depends upon the market cap and people will buy and sell their holdings according to their needs. It will be better to buy bank some bitcoin and hold them for some time.
220  Economy / Economics / Re: Will Crypto currencies make local currencies disappear? on: May 11, 2018, 06:16:22 AM
Competition between local currencies Vs crypto currencies are in peak now. Crypto currencies have occupied currency market causing local currencies enforce (banks) banning of crypto currencies. We can see number of investors have turned towards to bitcoin and other crypto currencies with large scale. Will there be a chance / time bitcoin and other crypto currencies rule over currency market and local currencies get disappear slowly in a decade or two?

If any government decides to use cryptocurrencies then obviously the local currencies get disappeared. But remember there is whole lot of monetary economics involved there and things are not easy as we do in crypto.
Cryptocurrency is profitable business today and there is no doubt that the world is now turning towards cryptocurrency. The use of cryptocurrency is also very easy. Buy anything in the world and pay from your bitcoin wallet. No need for exchange your local currency. It is the main reason that all other currencies will disappear from the market.
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