Drunk + pissed + losing streak + ATM is not a good combination when you are in a casino. The chance of losing a lot of money is very high since you are drunk, your decision making is messed up and that is on top of the losing streak. To control the amount of money you spend in gambling, you just bring only the amount of money you plan to spend. Leave the ATM card at home. If it's possible go to the casino using a cab, much better, there are loan sharks waiting around the casino who accepts cars as collateral for those who wants to win back their money.
This is the worst combinations you'd want to be in before going to or when in a casino. For sure, you're going to lose and being drunk also makes the situation a whole lot worse because you could even bet what you don't even have. Very dangerous and highly not recommended. Good eye opener.
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I was reading godlikeproductions in 2011 and there a man from UK posted a thread saying he sold his house and invested the money in Bitcoins. After 1 or 2 years, he posted there, he has earned some $20,000,000 from Bitcoins. how do you say? luck helps the brave. I would never have the courage to do such a thing (unless I have 4/5 houses). I hope now enjoy life doing what he dreamed when he did that madness Lucky for him but I know for sure I won't ever put all my money in one investment especially crypto when it can be so risky with the uncertainty of the market, but sometimes some people just take a leap of faith- and that's what this guy did.
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I think so there can be profits to be made this year though I do not think of the same scale we saw last year. Nonetheless, altcoins will show profit as long as bitcoin price will stabilise at > 8.5k.
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You can try babypips free online course and read the book by John Murphey (TA Bible) After that learn some basic FA and risk management. Dont put more than you can afford to lose and good luck
There are a lot of online resources you can use online for free but I think the real learning comes with real experience so I'd suggest start a small investment into an altcoin and then start trading with that, keeping in mind the possibility of loss and failure.
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Cryptocurrency has made a huge number of people financially independent. Thus, cryptocurrency has always been a escape under situations ike this. Plus, till now such financial inflation situations have always helped to grow cryptocurrency, so it's actually a good opportunity for cryptocurrency to grow in Pakistan.
An expansion of support for Bitcoin is always good news and I do think if Pakistan is to adopt BTC then this will be mutually beneficial.
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Mistake № 1. Buying on the top (loss of profit syndrome).
in other words, don't get FOMOd. specially if the coin recently pumped, except if there's a certain partenership, etc. that could base why the coin pumped. analyze carefully the chart. partner TA with FA. I think there's a large proportion of people falling in for this as they feel it will continue going up and then it will make it much harder for them to buy the coin which sometimes can happen but I haven't yet seen a situation when the price didn't drop. So its something to really consider.
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It is still good to buy potential altcoins because there will be a lot prediction that will happen starting September so I suggest everyone to fill-in their bags of altcoins, just separate your investment on different coins to reduce the risk.
I agree. Predictions are inflating the confidence of consumers and as such this is a great time to get buying whether this is bitcoin or altcoins.
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Are there any statistics on how gambling with Bitcoin (and crypto generally) develops? I would be interested if it increases or decreases. From time to time there are articles on media like Coindesk but I'm not sure if you can believe the data.
I imagine that gambling with bitcoin as opposed to fiat currency is more risky because the proxy of a 'digital currency' doesn't hold the same mental weight value. That was the case for me anyway, because I could justify that I was only losing 'magical internet coins' instead of real money. Unfortunately, this all happened back in 2014, so my magical internet money would eventually be worth over 100x paper money. Yes, the use of digital currency as gambling is very risky especially when there is a great chance that in a couple of years time you'd just lost a fortune.
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When i look at Neo from an investor's perspective, i see a bright future, a promising crypto currency for the future. Still, everything will progress depending on the bitcoin and the crypto market.
Yes, while all of the above is true with respect to BTC determining the crypto market, Neo can potentially become a good currency if the projects in development progress they way they're forecast to.
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I think the answer to the questions is Bitcoin. You can't go wrong with bitcoin especially if you buy in at a low price and BTC is sure to go up in value by the end of the year.
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Since Bitcoin appears, many individuals speculators on Bitcoin instead of depositing their money in banks, which in turn causes the nation's banks to lose large amounts of money, so banks and governments fear. Bitcoin is growing and the number of Bitcoin speculators is increasing, which is not good for them.
Yes, its because it pushes them into out of profit zone. Bitcoin would literally pull banks customers right from under them and why wouldn't people go for BTC when its all decentralised and with no government's control?
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Blockchain is the future today. A more secured technology, and an encrypted trading platform that allow data to be stored continuously. It is a 4.0 technology that seek to build trust in the global transactions.
yes, that's true. Most of our future depends on the blockchain technology and what we chose to do today will greatly impact that future.
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I think that the market growth is real,it is not very rapid, but confident.But this is my personal opinion
Its hard to say whether is the one or the other. I'm also of the opinion that the rise is real and not a bull-trap, but there could easily be another example of last year's events.
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This is not a price issue, but financial freedom given to bitcoin users. We know that formerly bitcoin is not considered at all, but lately bitcoin is always in the likes of people. As long as we believe we always reach the highest price, it will happen.
That's right, everyone starts to see the performance of Bitcoin at a good price to make big profits. I absolutely am on the save trajectory here. I think currently, we have not reached BTC goal and I think with more people joining in the market we're far from reaching its true value.
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I think it is better to trade with the sum of money you are comfortable with and can afford to lost. Don’t trade more than your limits, it is going to bring unnecessary stress during your trades. Start with making little profit and roll your profit to earn big profit.
The profit you can get it depends on different factors which are personal to you, like for example the time you HODL for and whether you want to go for short or long term.
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We're all waiting to big rise of Ethereum but still Bitcoin domination is too high. If this will change then we can talk about Ethereum invesment.
Unlike, the above. I think while BTC is still holding well we need not disregard BTC coin competitor; ETH. This too has good potential and its also a good investment
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If you want to secure your bitcoin there are two ways to keep safe it. 1. Online wallets. 2. Hardware wallets. If you chose number one you have to take some steps for keep safe your bitcoin. 1. Take a very heard password. 2. Keep your password in a very secure place. 3. Don't save your password in online. 4. Activate two step authentication. 5. Don't share your password to any one. For your help give some trusted wallet links... 1. https://www.coinbase.com2. https://www.coinpayments.net3. https://www.blockchain.comIf you chose number two you have to pay some money for keep safe your bitcoin but i think this is better to keep your bitcoin in a hardware wallet. It is more safe then any online wallets... For your help i give some trusted hardware wallets link. 1. https://www.shiftcrypto.ch/2. https://www.ledgerwallet.com/3. https://opendime.com/4. https://trezor.io/5. https://tangem.com/So now its your choice that how to keep safe your bitcoin now.......😊😊😊😊😊 Your ever😊 This is a good thing for everybody. Not everyone has the knowledge on how they can make sure that their bitcoin is well secured. Being carefree can lead you from loosing plenty of money so you should be smart and wise in storing your bitcoin. You should always consider that having a good wallet can help you on having a good investment. I respect the post made earlier, its very helpful. The only thing I'd add to the list more like a warning point is to not leave your money on any exchange as these too can be hacked.
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I'll advice you to split the money into two and the safe half which is a thousand dollar in the bank and the invest the other half in bitcoin. I will strongly advise you to do you research well show your uncle the progress in bitcoin from 2012 till date and then I'm sure he'll be convinced. I will strongly advice you not to invest all your money in bitcoin.
Going half and half I guess is the best as you take and explore both worlds at the same time. Taking only crypto and the same long term profit that you could get in a bank would be nothing compared to what you could get in crypto. Just be careful which coin you go for.
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Those who are new in crypto i can teach you some basic trading just reach me in telegram https://t.me/SatoshiQueen or if you want to learn it in your self you can read some basic trading here https://babypips.com i am sure that people are new to crypto can learn a lot from their. If you are eager to learn the basic trading skills then yes Babypips is also a good option and i have personally learned all the technical analysis skills from this website. It is a forex based trading website but the technical analysis skills can be used in all the trading platform whether it is crypto or stocks. Apart from Babypips, you can also try Forexfactory, youtube channels, Udemy courses and also many other trading websites and forums which i think you should give it a try. Yes, Babypips its a good resource for beginner. The other suggestions are also good but I think the only way to really learn is from mistakes.
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i think shyness in gambling is when you're a first timer and really don't have the idea of that gambling game you are betting plus there are many people in a group and you think they watch you as you bet.
Such shyness can be considered as nervous that we usually get on the new things that we do/meet. As soon as we can blend in with the community, such feeling will gradually disappear by itself. That happened to me on most occasions. Some people are shy because they just wanted to hide from everyone they know, they don't want to disappoint others because everyone might think they are a good individual or a good example. A certain invidual might be shy about himself when he is playing gambling because he might have a huge debt and can't pay it. When they consider this game such shameful that they can’t just play it before those who knew them already, then why to go in there. What is the need to make your money wasted on the thing that is shameful to you? Respect is all what a human being have and what if you’re this self-respect is on stake then why to play such disgraceful game. Don’t get near it dudes. I don't think gambling goes with shyness. Gamblers aren't shy if anything they're confident and stubborn. In anyway, being shy would only cause you to lose in my opinion.
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