as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
If you have no enough capital you could try to join in some altcoins campaign and the coins that you recieve you could trade it in exchanging sites. Even me have no big amount of capital so that I used alts campaign...by that process you don't need a capital and I guess this is good techniques for beginners. Hi, what do you mean by altcoin campaign, signature campaign? I am sorry I am quite confused and curious what altcoin campaigns are and it might be another good opportunity. |
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Banks as in the bank where we deposit, withdraw or invests money. Might disappear but the main idea of banking might not disappear. Coin wallet is a form of a bank. We deposit money for it to have some, we withdraw coming from banks and sometimes we used it for investments. Bitcoin cannot make banks disappear because its only a currency only another form of a new idea bank might make banks disappear, but some people will treasure the old fashion way.
There is one difference, among others, between banks and bitcoin wallets though. The former may invest the money people deposited while the latter is a pure depository of bitcoin. |
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Gambling is created for fun and it has a return to it's gamblers for giving you a chance to win but if you will mostly think about money/winning.
That will be wrong in gambling.
Gambling is about making money and thats it. There are no other reason that it was created in the first hand. What I actually mean about making money is that it is making money for atleast its operator . It is a kind of business and business is created to make profit therefore gamblers lost most of the time when they play Could not agree more. There is a big reason why casinos thrive for very long time even if they spend lots of money to invite high rollers to play to their casinos. That is business and giving entertainment to their customers and in return of providing that kind of entertainment, they will win more from players and that is their reward/profit. |
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There is no guarantee that you will profit when you invest in casino bankroll, even with the house edge advantage, there is still a chance that the players can hit a big winning streak and makes the bankroll drop a lot, but in my opinion, I feel investor should not panic over a player big winning streak, investor should continue to hold the investment as a player luck will eventually ran out if he got too greedy and kept on playing without hitting that withdraw button.
That is true that even with the house edge advantage, investors will still lose at some point in time when there are big sharks that wins a lot. But that is just part of the game, you will just reinvest again and at the end of the day, you will still in business just like how casinos are in business for a long time!  |
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It seems that the wrong thing to do is to play without any limit and it can create so many complications into our life. And it 's hard to know how much you can waste with gambling after held a bad experience on a dice site. Now I am very careful with betting and try to keep little I lose there.
That is good one mate, I also have lost more than 4 bitcoins with dice sites and it feels bad because that is good money at these time. But that is life, I hold myself accountable in everything I do which any mature man should. |
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Why to try investment when you can play your own money into gambling? You will wait months there and can't even assured if you can really make profit by just investing your money. If you're playing that smart and patient then gambling is open for you just play nice and accept what ever the result is.
If you are an open minded person then you will do such thing but there are some people do really scared to take the risk on playing gambling games itself instead they do mind on making some investments. Losing on gambling is much more faster than on investing on the house but talking about the speed on gaining money then playing gambling do really have the edge.Its your own choice by the way since we do have our own free will. That is so true, the more risk it has the more chances of getting big return but yes, there are really people who have lesser risk appetite when it comes to gambling. I would highly advice through to not use more money that you can't afford to lose with gambling. |
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Agreed. Although demo account trading will not teach you one very important thing - handling your emotions.
Indeed. You won't lose any money with demo account but using demo account is really different with using real money because you can't feel something when you lose your money. I'd rather to use small amount of money than using demo account to see how it works. Yeah demo accounts are just like playing games though you will learn basics, it won't teach you proper money management. And with a small amount, you're giving yourself room to make mistakes that won't hurt you. If you lose money, then that's a lesson for another day. You either win or learn, right mate?  that is the most wide decision to do to practice with little money and as you learn and gain experience and skills, that is the time you slowly increasing your trade bankroll as you go. |
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For my initial step in investing and considering funds i have is not big enough, then i invest in bitcoin. I use for trading and from profit trading to bought gold.
Do you make your bitcoin as income for you to buy more gold? It looks good according from your sentences. But why you not try to keep your profit on bitcoin and let your profit growth more in the future caused by the volatility of bitcoin? I understand that all the people who stand and will defend the interests of bitcoin have gathered here at the forum. But first of all, you need to think about what Bitcoin is waiting for in the future. I have doubts about the long-term prospects. Therefore, I now earn a bitter Bitcoin children and put it in gold. This is one of the variants of the development of events. Ofcourse, most of us has doubts. In some ways bitcoin is really better than gold in terms of price and its security(its anonymity to be specific). Yet gold is a natural elements and no matter what we do gold really looks so good in the eyes of humans which does means that it would not degrade its value so basically if you want to earn then invest in bitcoin but if you want to have a property then gold is a better choice. Nicely put there mate! If we want to earn income short term, we can invest or trade with bitcoins and if we want a feel of property that we can really touch or have a sense of real and personal tangible ownership, then invest with gold as well. |
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I do not think that it is on gambler alone. There are factors that are in gambling that makes it addicting. One of which is its ability to change the mood of a person. The ability to give thrill and amusements. The ability to make gamblers hook to the game and the ability to make gambler obsessed with the idea that can turn into an addiction.
Thats how I feel fun about gambling. Sometimes I just keep thinking about it, although in reality I always lose but atleast it is nice to keep trying . Somehow I dont care if I lose or win because it is only for fun. The thrill and amusement is what Im looking for when I play so when I get that, I dont care about the result I tried it a while, but i only wanted to see results. Since you won't win a lot of money with gambling, it didn't do much for me. Luckely im not that addictive. If you are not addicted then dont gamble too much or you could end up like me. Im addicted and I could not stop however Im different from other people when I gamble even if I am addicted because I dont spend alot when I play. That is why even if I play alot , it will not make me broke although I keep on losing This story from one of our legendary member here on bitcointalk community is a good example to everyone including me that we mosty lose on gambling than winning. SO if we get addicted, that is very dangerous due to the fact that we lose more than win. Gambling addiction is really a bad thing to us because this thing will surely put us on trouble later on and we do got broke when we do let this addiction would overcome into oneself.Gambling games are addicting because we do feel excitement which is likely a drug that can hardly be remove after and once you feel that thing you do already seek out every now and then and thats what addiction would start. That is true! Once we know these facts, we must at all times guard our minds and hearts to not get hooked on gambling because the outcome will be very devastating not only to ourselves but to our families and loved ones as well. |
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Emotions are a natural part of human nature. instead of trying to control them, acknowledge that they are there and will affect your decision making. once you can do this, you can compensate for emotional influence in your trading. Your emotions when trading will get better over time as you gain experience.
It's doable, you can control your emotion and you will be making a good decision along the way, all you need to do is acknowledge your mistakes and learn from it, the more mistakes you make the more you become stronger as long as you understand fully your purpose in trading. No guaranteed money in trading so do not be frustrate when you have a bad time because time will come you can get what you are aiming, it needs patience. I agree woth both of you. Patience is the key so we don't panic when we get negativr results. Always be positive when you make trades as you're more likely to make bad decisions if you're upset. Just keep yourself in check and don't let the results of your trade direct your decisions, you must have a plan that you have to follow and remember to buy low and sell high. Hence, don't sell too early even if you are on the losing side because you get afraid on the price outcome because it will really go up and down, just capitalize on that fact and enter at its low price and get out at its high price. |
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It is possible, with all the easy access inside the bitcoin it can all happen, but there is a need for strict supervision with regulation for underage age  Since bitcoin transactions, no one trace and bitcoin gambling sites don't want to do any verification about the players. Because that will affect that bitcoin's anonymity function. So I don't think these bitcoin casinos can put any restrictions on any underage people not to access the site. It is players responsibility not to go for gambling if they can't control themselves on when to stop. That is true. that is really the downside of using bitcoin in online casinos, even minors can play conveniently at the comfort of their homes. And yes, we are the one responsible for our life when we gamble and its outcome. |
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Gambling is not wrong as long as you know how to control yourself when you gamble. Like you won't let yourself go broke and steal something for you to have money to gamble. In short don't get addicted to gambling because it will only lead you in the wrong way.
Many gamblers do become antisocial and they start stealing money just to gamble, since the urge is very strong to control. However you need to stay away from gambling if you want to get over it. It is tough but not impossible. It only depends upon your self-control. Gambling addiction only leads of destruction of your life and the life of your family members who depend on you. That is true. Some even sell their properties like houses, cars, and land just to keep up with their gambling habits. That is a sad reality on people that have lots of money and are hooked into gambling - it will definitely bring havoc to your life and your family. |
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I do not think that it is on gambler alone. There are factors that are in gambling that makes it addicting. One of which is its ability to change the mood of a person. The ability to give thrill and amusements. The ability to make gamblers hook to the game and the ability to make gambler obsessed with the idea that can turn into an addiction.
Thats how I feel fun about gambling. Sometimes I just keep thinking about it, although in reality I always lose but atleast it is nice to keep trying . Somehow I dont care if I lose or win because it is only for fun. The thrill and amusement is what Im looking for when I play so when I get that, I dont care about the result I tried it a while, but i only wanted to see results. Since you won't win a lot of money with gambling, it didn't do much for me. Luckely im not that addictive. If you are not addicted then dont gamble too much or you could end up like me. Im addicted and I could not stop however Im different from other people when I gamble even if I am addicted because I dont spend alot when I play. That is why even if I play alot , it will not make me broke although I keep on losing This story from one of our legendary member here on bitcointalk community is a good example to everyone including me that we mosty lose on gambling than winning. SO if we get addicted, that is very dangerous due to the fact that we lose more than win. |
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I don't like gamble.... but when I win I love gambling first ofcourse gamble just for fun when got a lot money and skill I want gamble to profit so I can help many people with that money That is a good motivation, gambling to earn money and help other people. But bear in mind though that there is big risk of losing all of your money with gambling. If you are abreast with international news, you know that the lone assailant who burnt Resorts World Manila casino equipment that leads to many death was a high roller and loses lots of money makes him depressed and do such horrible and terror act. |
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For my initial step in investing and considering funds i have is not big enough, then i invest in bitcoin. I use for trading and from profit trading to bought gold.
Do you make your bitcoin as income for you to buy more gold? It looks good according from your sentences. But why you not try to keep your profit on bitcoin and let your profit growth more in the future caused by the volatility of bitcoin? I understand that all the people who stand and will defend the interests of bitcoin have gathered here at the forum. But first of all, you need to think about what Bitcoin is waiting for in the future. I have doubts about the long-term prospects. Therefore, I now earn a bitter Bitcoin children and put it in gold. This is one of the variants of the development of events. That is also a good way to invest mate: earning in bitcoins and invest some of that profits to gold. This way, you are not just putting all your eggs on one basket because you are diversifying them to safeguard you in case of collapse of the other investment vehicle. |
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Sometimes experience is helping us when we gamble but if you are confident to gamble with your luck and skills, you don't need to be experienced. Because there are some gambling games that aren't requiring experience for it. Though I'm not totally depending on my luck but when I know what I'm doing, it's more important.
It is definitely not important to have any experience at all unless it is poker game though. All you need is just to click few button and the random result will come out. Anyone could do it and it is not hard for even a retarded person to start to gamble . Definitely having self confidence is not going to improve the result of the game though Exactly, if you are a poker player experience is a big plus factor to you and you can beat your opponents by having various experience of bluffing and scaring them by doing something crazy by raising the bet. Well there are certain use for experience in gambling and it will not be wasted, just choose the ones that will give you the advantage for having it. Could not agree more on this mate. Just like anything in life, good application of wise experienced wins the day. So, if you are still learning, better do act right now and have a mindset that you either win or learn something. |
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I don't like trading that much. It is soo easy to get greedy and overcommit and loose money. I never lost money doing ait due to being very conservative with my trades, but I can feel the intense psychologcal pressure that comes with it. Some people like it some don't. I prefer to invest long term.
in fact it is depending on your nature, you must have good planning about trading if you want to get desirable result from trading bitcoin. to me those people who have invested their money in bitcoin and they have proper planning and strategy about trading bitcoin, they are really making good money. I think those people who have good experience n trading they can really predict about the price of bitcoin in a good way. and most of the time their prediction also proof as correct. It is just a matter of experienced and applying trading skills and strategies that matter on trading successfully. There is really no 100% guarantee that you will win all the time but if you are skilled enough, you can have more winning trades than losing ones. |
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I think anything could happen, depending on market conditions, when there is no bank customer and everyone switched to the bitcoin and then bank will disappear soon.
For certain, it will not be sooner mate because banks have already established in our regulated financial institution. Government can easily trackdown financial transactions in fiat money versus bitcoin. |
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Earning a steady income in the bitcoin world is hard for me, but you can try to apply for a signature campaign so you can get a job and earn a steady income for a certain period of time because the income from that signature campaign its nature not permanent.
That is true. I was even at the point where I stopped my signature campaign due to doing other projects but is now coming back because the price of bitcoin is just tempting This only means that my signature campaign is really not my primary source of income but just a side income. |
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I'm pretty sure nobody is gambling just for fun, it's very unlikely. Everyone must gamble to make a profit because I never see them celebrate and smile when they lose when gambling.
beg to disagree mate because I am now just gambling for fun during my free time (which by the way, I got really having hard time finding my free time because I am so busy with projects and I can't even get the max number of posts here in my signature campaign). I know that there are lots of people out there that just play for fun |
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