When I used to gamble (mostly dice) I made quite a few calculations and made many strategies to reduce the chance of losing, if you consider that analysis then yes I used in when I gambled (now I don't gamble)
I think that, as in any sport or investment, in gamgling there is the possibility of reducing the risks, since that the individual understands all the factors involved in the game, and among these you need to identify the factors that can decrease chances of losses, and try to include such factors in each match. |
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While anything can happen I think is very unlikely we are going to see that price again the 700+ mark looks good and there does not seem to be any signal we are going to see such a price drop in the short term.
It will be very difficult, indeed, to see Bitcoin below seven hundred dollars from now, but it's possible that it will occur for a brief moment. In panic-selling situations, it would be possible for Bitcoin to reach a minimum of $ 670, but soon thereafter the price would likely rise above $ 700 again. As you said, anything can happen. |
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Mining of bitcoin and saving it is good because it potential is high and it probably would get up to the moon in the future, if one is mining bitcoin and saving it for the future I think is right because saving is for the future and it could yield great potential in the future to come so mining bitcoin and saving it for the future is good.
Bitcoin mining is probably the dream of many investors and Bitcoin enthusiasts. But it is not very easy at the moment, because the mining difficulty is very high and the costs with equipment, electricity and maintenance are quite high. But if the individual has enough knowledge about it, in addition to the capital needed, it can be a good investment. |
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The hard part is certainly having the right timing, to buy at the lowest possible price, and sell at the best rates. This requires knowledge, so it's necessary to put some effort into it. Experience also helps... after a good time trading it is possible to change the perception of things and make better trades.
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What I like the most about of bitcoin is the capability of having a wallet without any cumbersome requisites like, id or stuff like that, you simply download the software and you have a wallet, no one else but you needs to know that you are the owner of that wallet and that is great.
Yes, the simplicity of the system is a great aspect. Through Bitcoin people have, for the first time, a coin that allows storing value in a safe, decentralized way, without bureaucracy and without major complications. These are just a few of the reasons why Bitcoin will be around for a long time. |
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yeah bitcoin is really a new step for successful because i also earning bitcoin in enough amount and sometime i feel that bitcoin is my business like as there is more jobless people who are get their income through bitcoin.
A few years ago, when it was possible to buy a large amount with a low initial investment, Bitcoin was certainly a step to success. Nowadays there is still potential for high profits, but not as surely as in the past. Perhaps when more applications are developed for the ecosystem, this doubt can be eliminated. |
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You can!!! as long as you are willing to take a risk and dont mind losing it. Do remember this golden rule of gambling "Only gamble the amount that you can afford to lose". It has served me well and I have never risked the money which would be utilised for my basic needs. Hope you follow this too. Have fun!  It is better to risk smaller amount when you are gambling rather than gambling with bigger amount. Even though the amount of possible profit is also small but still you are going to have more chance of winning by betting that way because you can afford to lose with smaller amount. And also just don't be too greedy enough when gambling. The important thing is not to invest an amount that could jeopardize the financial life of the individual, but I have to add that the amount invested will not lower the risks. I think what will make a difference is a good strategy. I do not have much experience with gambling, but successful people in it say that putting together a good strategy for this purpose is possible. |
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I think the more logical answer is that the price would suffer a fall, because with Bitcoin not being used to trade things, that would make people think that the currency is not being adopted the way it should, as a currency that should move the economy. But I may be wrong, because Bitcoin would still be a great way to store value.
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I think most of the games are ninety percent luck. But there are some games where risks can be significantly reduced if you have a good strategy. Though, it's not so simple. Essensial factors to build such strategy involve knowledge of probabilities. There are cases of people, with very good knowledge of math and probability, who have managed to make fortunes from it, but the cases are rare.
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It's been over a year since the last time I ventured in mining. I have mined some altcoins, but I sold most of them to buy Bitcoin. Today I do not regret it, because almost all of these coins fell in value, to a much lower value than they had at the time. But it will depend on which coin you are mining, and the potential it has to increase in value.
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I have seen cases of successful people, but so far I have not witnessed cases of people who have had many victories, with no defeat.
Whether in games or in the market, statistics do not lie, there are always ups and downs. The important thing is to identify the best opportunities, to have more wins than losses at the end of the day.
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I wont happen again, weve already pass the 500$ marked and thats the last time that we will see it. Hello again 1000$. And 700$ will be the new bottom this 2017. Believe me guys.
A value in the $ 500 range, for today's market conditions, is quite unrealistic. But I believe that if there is panic in the market, Bitcoin can enter the range of $ 650-700. I think it would not stay for a long time in this range though, and then there could be a strong bullish trend after such event. |
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If you want to know how to increase your BTC holdings, there are three ways that I can tell. The easiest and most convenient way is buying it on exchanges, the other way is by mining it. There is also the possibility to earn Bitcoin online, doing different tasks, signature campaigns and tasks for different projects are some of them.
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Sometimes I sell it, but I never sell all the coins. Often there is the potential for the price to keep rising, so it is good to have something saved, due to the chances of making better profits.
On the other hand, sometimes I have the wrong timing, and I end up not selling the coins when I should.
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trading is unpredictable job because people in the vast majority of case doesn't know anything about trading.
So become just a waste of time and money, it's more similar to gamble.
Anyway trading with altcoins is really a big risk because 90% of that are just created to inflate the price and then crash for developer advantage.
In fact, if there is lack of knowledge, the chances of losses are quite high. Many users expect to make big profits overnight, this ends up causing them to lose the small opportunities, and selling with the wrong timing, often suffering a loss for it. But once the individual get experience, it's possible to decrease the chances of this happening. |
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Don't use credit card. Avoid living for a credit at all cost. Debt=slavery. If you don't need something very badly now and you can't afford it then it means it is not for you.
Wait month or two, save your money and buy your desired item then. The only drawback is that is not possible with real estate market and you will have lend money.
I agree with you friend, make a debt is not good for our life. The interest ayable could make us bankrupt. The best way to manage our money by our habbit. Litle thing like buy food in restaurant or sidewalk foods vending stall everyday is so lavish. We can not be rich if we life in extravagance. We have to save and save our money. When we have huge amount of money we could make an investment. The uncontrolled use of credit cards is one of the problems that most people face today. The only ones to benefit from it are banks. They know that many people look at credit as if it was their own money, and they spend without doing a deeper analysis if they will be able to pay the debit in the future or not. People need to wake up to this. |
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Bitcoin can not replace fiat even the value of bitcoin would be more higher in the future because not all people can access and use it, fiat is traditional currency which all people are able to used it even without gadgets and internet connection
This statement is valid at the moment. But things can change a lot in the next few years. In fact, since the arrival of the internet, things have been happening at a faster rate. Bitcoin may not replace fiat currency, but someday a large portion of the population will realize the benefits of using Bitcoin and are likely to migrate to this new form of payment. |
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I think Bitcoin is going to drop a bit in the next few days, maybe to the $ 730 range. That's probably a good entry price, considering the long-term profit potential. But not everything is for sure in crypto, it's necessary to analyze the various market factors in a more deep way, to make a better decision.
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They think it's unsafe, and being virtual makes it the most disadvantageous feature because you never know when it can stop working or so. This is the reason for which I want to play on different fields: precious metals, currencies and real estate. Having more options lowers the chance you got to lose your investments.
If they think it is not safe it's because they did not understand the technology behind it. It is possible that Bitcoin is the safest form of payment at the moment, in addition the issuance is done in a decentralized manner, causing the currency to be issued in a limited rate and preserving the holdings of the user. |
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I think signature campaign is also the best way to earn btc and get a source of income as BTC price is increasing it will help you to save some btc for later stage and give you good returns.
It is possible to earn some money from it, but it is not possible to earn a living from it. I think that to earn a living from it the user has to be willing to learn more about the market, to start making investments, or offer services in exchange for Bitcoin. There are several possibilities, but the gains will depend on the skills of the user. |
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