According to me Btc/Altcoin Trading Profitable and Also the Most Risky Trading Because the Price of a Bitcoin Can Goes From 1 Satoshi to 100 Satoshi in Few Minutes and Also it is Possible that It can Go Down From 100 Satoshi to 1 Satoshi and Then You can Lose Your All Money......
So Btc/Altcoin Trading is Profitable as Well as Risky as Compare to Btc/Fiat Trading......
You are right BTC and alt coins trading is very risky but yields high rewards. I mean suppose your one bitcoin at $500 and sell it at $1000 then you earned $500 easy profit but might have to wait a month or two. But, with altcoins wither those $500$ will turn into $5000 or may also turn into zero dollar. |
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the difference is only wordplay  and also you can say that gambling is a sub-category of games. which means you are playing a game when you are gambling but not gambling if you are playing a game. generally a gamble is when you are risking money and making a bet on something that depends on luck and nothing else. that's why poker is also a gamble despite being a game of skills. Yes, even gaming can become gambling when money and challenges are introduced within itself. Spending money to buy tricks/perks/add-on in a game is not called gambling though, any game where you compete to win more than you risk is called gambling. But, I Believe both gaming and gambling will give you addiction if you overstay with it. |
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True. Most gamblers are deeply involved in this kind of situations.. they feel that they are having so much fun and in the end they are losing a lot of money and they didn't realize it until they go bankrupt. This is the truth for most of gamblers and I think that it is so wrong.
That is not just wrong but is actually depressing because what sort of addiction is this that the person knows I am loosing money continuously with it yet cannot leave it .. surely gambling banned countries had a deep thought and then banned. Anyways if you gamble make sure you take a break often so you don't get addicted. |
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The moment you put emotions in gambling , it becomes a problem
That is my problem when I was still into betting games, and once I am near to lose what I am feeling is getting mad at my team mate. But that is not helping us, instead of helping us it is dragging us into losing so my experience with it is fact. As long as you are able to control your temper you are near to win and success, just take some drinks when you are startling to rage. That is why professionals differ from us, they never take a win too serious because they know it would be covered by losses that might follow right now, while they also don't get upset on loosing because they have believe that the wins might be coming soon. But we, once won or lost gets emotional or I should say excited and bet a lot. |
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I think websites wherein the house or admin themselves are cheating having been reported in this forum already. People quickly creates a scam accusation against a gambling site right after experiencing something unfair or biased. I haven't been cheated by the house because I only play on famous sites like PrimeDice, Bitsler, etc. but I do know that the house has the tendency to always win.
Due to the provably fair system the chances of admin scamming have become very low. The problem though is that the sites block withdrawals when a player wins big and that has now become the only way to cheat users. I think though that we must verify bets when we are betting with big amounts. |
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Yes the price matters of the bitcoin and I think that its pretty important to have the price so we can see what is happening with it due to the fact that people are buying and selling on it.
If we do not have a price there will be less more buyers..
A value of something is really important and that is what and why we are working for. So basically if bitcoin has no value do you think that you would waste your time spending a lot of effort to earn some good bitcoins? Of course not, but because of bitcoins good price we are able to work harder for it because we know that it is valuable. You are right because people like me who earn their livings by working as a freelancer are dependent on the price of bitcoins. Though we save some bitcoins for reward later but still the thicker amount of bitcoins are sold by us because that is what we are dependent on. |
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If you want quick money then you should gamble.If you want to invest you should know you won't make decent amount of money over night.Also it's not 100% safe.Once i invested .5BTC on dice site invest and lost few cents instead of making profit and i give up with investment.But still i think gambling is way better than investment.
Gambling is better for you really, since it looks like you want very quick profits and lack patience. See, you lost a few cents on investing 0.5 btc that means you got worried too quickly and in trading or investment these things happens. So well, for me I investment is better since I have enormous patience and no hunger for profits |
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I am not really a gambler, but doing some online gambling for free is maybe I am good at, the one that really not betting for physical money. I am good at slot machine. I am also good in Bingo and Keno. I cannot say I am good with lottery, but I can say that I am comfortable doing a bet in lottery. I prefer those I can experience betting but not experiencing losing money. Right now I'm trying to learn how to play Roulette, maybe my luck is on that game.
If you are lucky person then you will find yourself good with almost all the games including with lotteries. But I just rechecked all the game types you have mentioned are just luck based and I could not understand how you find your self good by profit making or how long you were able to play with them ? |
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There two games that you can win long-term i think. Poker and sports betting. The other ones for example '' casino '' it is only related with how lucky you are but in poker or sports betting you have a chance to predict the result or analyze the teams.
Yes, long term profit making game must be anyone's choice to have all the time, similarly I prefer to gambling only on sports as I have solid profit making records for my betting. Basically I am a keen cricket fan, so betting on international cricket matches are my favorite, enjoyable and fruitful so far in God's grace. |
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Stopping gambling or quitting gambling are not possible for a gambler when he is finding continuing gambling is more fun for him.
When a gambler is keep on continuing his gambling regardless of his profit or loss, definitely will get gambling addiction at the end. But, we could not suggest gamblers not to enjoy gambling by explaining its dangerous of addictions. So, it seems gambling addictions are natural.
Yes, if we go for gambling then gambling addiction you will get us for sure. All entertaining things are addictive, if you are into gambling you will become a gambling addict after few days itself. If you do not want to ruin your life with gambling, it would be highly recommended never gamble. But it would be very hard after knowing about gambling and its entertainment, no one want to lead a life without tasting gambling at least for only one time. |
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If you will also take into consideration that there are two kinds of gamblers. There are gambler that uses his skills and the other one relies on his luck so basically we can say that if you are gambling you are just randomly picking your bets as that belongs to a gambler who relies on his luck.
A skilled and experience gambler has a chance to be successful because he studies gambling and improve his method although it's hard to win.
The problem is that even with skills based games you are risking your ability against the opponent and this requires luck, since your opponent can be stronger while weaker also. While with trading after a certain time you will be able to make profits without any risk ( yes risk, but that is really negligible as compared with gambling risks ). |
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Sport betting is a form of gambling as you are playing with the odds. That is why in some online casino site where they have live table games and slot machine, they also have sport betting cause it is part of gambling too.
Yes, as obvious as it can get sports betting is purely gambling. Actually sports betting is more of addicting than other forms since with sports betting there are always events going on and you will always feel to place some money on them, while with dice you can stop yourself knowing there actually is no fun. |
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Gambling for newbies are a bad idea. Im a newbie and im really trying to keep myself from it.
I don't think it's a bad idea for a newbie to gamble, it's a new experience. just doing it for only one time should be fine, if a newbie is hooked then it's totally a bad idea. Must be a bad idea in my view too. Why we must we introduce a devil to a newbie's life. It will definitely disturb his happiness and will collaspe his savings and investment plans. In other words introducing gambling to a newbie must be a sin regardless of what religion you are following, but as per basic moral. |
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How is the class going as i can see the OP has not returned after posting this i believe they have not selected anybody to teach the magic art of trading for a living. If OP comes back i would like to have a class regarding this as i just want $50 a day with minimal bank roll So the OP just create the thread and leave everyone to be discussing here everyday without getting the update on what he promised to offer. I thought he is picking some people and may teaching them privately or something like that if so does it cost any amount to join the class ? |
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As long as you diversify your funds, then you're safer in these investments.
I too really believe in the diversification of funds in terms for my investment because that will really help me a lot in case I lose in one investment type the other will complement the loss I might have made so I do always see the necessity of investment diversification across many casinos for consistent profit earning from passive investments. |
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Most of the indicators for forex trading can predict the market movement, accurately on it's historical value and not it current action. Can any forex indicator predict market movement accurately?
indicator is follow price in market not price follow indicator, so its nothing use indicator 100% accurate and always profit without floating I agree, indicators are not 100% accurate if not so, people would have not been losing their money through forex trading as we see most of the time. It just may help them help to minimize loses in the trading, and very rarely support to finding opportunities to make huge profits, that is what I believe. |
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I think their is no limit in minimum and maximum size of buying bitcoins, it is upto the buyers limit what he can afford to buy and how much, but it is always better to go with small quantity and not going to buy fully in one time in any exchange as they can just start to scam if they feel enough amount to scam it. Its just a joke but it can also become reality. So it is better to buy slowly slowly
If you are trading in an exchange, I think there is a minimum limit in buying bitcoin, but about the maximum, I think exchange allows you to buy as long as your funds can accomodate it. I don't know about the amount of money transfers you will be able to do in 1 day, so probably the amount of bitcoin will be limited in daily basis because of the fund alllowable to be moved everyday. Yes, most exchangers of crypto coins have a minimum amount which you can buy which in most cases is no amount less than $25 but as for the maximum amount, I think some limit the amount while some exchangers may require you verify your identity first before you can buy in large quantity. Examples of such exchangers are coinbase, bitpanda, coinmama, lakebtc and cex.io . |
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Maybe if you make a real casino gambling like you have to seek permission to hold a gambling casino. But if it makes gambling sites I think do not need a license because everyone is free to make a gambling site, in my opinion. Legal or not may depend on each country.
For the online gambling site, the licence issue is starting from the point of what are the payment options we are going to provide to gamblers. If we are planning to stick only bitcoin payment option, then there will not be any need of license even in the gambling banned regions. If you want to give credit cards options, then you must need to licenses. |
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For me, trading is having a higher chance to make money as compare to gambling. One of the best example is that gambling will likely to lose due to house edge, but by trading and investing in casino, you are likely to win due to house edge is now on your side.
I prefer to choose trading either, because in trading it requires skills and luck that is why, I am becoming more trade with it. But in gambling it only requires luck and few skills so I like more trading. But there are times that I am earning more with gambling rather than with trading and there are times vice versa also. Well both are playing with risks so there rally is a chance that you can earn more with gambling. However, in general, the risks in gambling is far greater than when you trade. An experienced trader sometimes will earn a pretty good amount everyday. You never need to doubt about an experienced trader's profit making capabilities, I am the one of them and earning handsomely on monthly basis. At the same time I am a gambler too. What I earn from other sources are going away through my gambling activities. Gambling is just most suitable for spending and to have fun. Trading is better to have to earn more always. |
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I would have to rank Knowledge first, then luck, and money last. Having lots of money doesn't necessarily mean you win in gambling. It just means you can afford to lose more. Having more knowledge in gambling and how to gamble is far better as it is what stops us from losing even more money.
You may get chances to rank up your money and knowledge, but I could not understand how you will rank up your luck. The luck factor is totally out of our control. But unfortunately that is the most needed thing for a successful gambling experience. Luck alone is more than enough in my opinion, as it will bring more money also I believe knowledge has no role in gambling. |
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