Bumping my application just in case for the next week  |
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Successful traders must have some good qualities , he must know completely what he is doing with his money , how discipline trader is while trading risk management if traders think that just by doing non sense things he will earn money then obviously he will lose
This is pretty much given at this point. Being a trader comes with its own pros and consequences that you should be aware of beforehand before taking the bait. If in any case it's way better if we can suggest something like creating a dummy account that you can use to test the waters and particularly tweak objects in your investment strategy that would need further improvement. I believe that is one of the most useful tips and tricks we can give to help a fellow investor here. I gave my take on this topic based on experiences that helped me build myself as an investor. I hope this works for you too. |
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It depends on each and everyone of us there are some who finds it easier to stop when winning because they are contented with their profit,
While there are some who finds it easier to stop when they are losing because they don't want to lose more money.
But for me it is easier to stop when you are winning rather than losing because we already have a profit while it is hard for me to accept my lose.
Theoretically it is easier for people to stop on gambling when they lose. Because there's goig to be 2 factors that will be affecting their decision as compared to winning which is only one. They can be forcibly stopped to gamble when all their monies have dried up. This is one of the biggest reality checks there is after all. Another is through self-realization. Once they notice the aftermath and the monster they have become. They are sure to be convinced to stop on betting or gambling. As per winning however, humans have this mindset that if they have done it once, they can do it again. So most probably people winning will still comeback to gambling once they tasted huge racks. |
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Bitcoin is still the first on the list. Its never a doubt for investors to choose bitcoin over other crypto currencies.
I think we all agree with your opinion, even sometimes we get delay and high fees in withdraw process, bitcoin still become our priority in every crypto activity. Some people abandon bitcoin and try altcoin because delay and fees but they will split asset and replace it into bitcoin too, so when people say not use bitcoin again that is non sense. All coin change because bitcoin movement, don't deny it but use it. But then, some altcoins could be someplace to stay and it seems to be profitable by then as the entire market moving upward. In fact, I'm holding it now (ETH and XRP) and I know that these coins will always be in the tail of bitcoin. Despite of negative feedbacks for these two coins but still, I'm not losing my confidence that this could bring me a positive and satisfying result. Thus, it is to believe that most investors are also considering these coins and think newcomers will do the same. Not only because of its name but because of its market volume that attracting us to give our trust and confidence. This still doesn't erase the fact that bitcoin is the most prominent cryptocurrency most investors choose from. It cemented itself in the cryptocurrency world, it has a high profitability rate, and it has huge spikes/forks. Making it one of if not the most profitable cryptocurrency there is on the market. Even most of the altcoins in the market are dependent in one way or another to bitcoin's price. If it dumps, they dump too. If it spikes, they spike too. So it is just natural for people to choose the "best" cryotocurrency out there. Without a doubt. Aside from that, the halving's coming up on may, people are expecting bitcoin's price to spike drastically, if not reach an all-time-high. All the more reasons for them to choose bitcoin over other cryptos. |
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Leaving gambling after getting destroyed by it, will be very difficult for any gambler. Because, they are always looking to recover their life back from gambling itself which means when the times of they intensively need to continue gambling the actual remedy could be quitting it.
Gamblers do realize why they are broken and how gambling is destroying their happier life still they want to continue it to restore all of them because they do not know any other method to earn back what they had lost in gambling. Because, gambling is a way to lose more in fraction of second whereas no other business or job will be paying like that. This is the reason why gamblers are continuing their gambling and getting their life more destroyed.
What pretty much happens. These gamblers are ready to leave gambling for good. They know the reasons for their current problems and are aware of it. Problem is that withdrawal syndrome and the same reason that makes them reconsider their actions also hold them against it. They see huge destroyed aftermath, they want to quit, but at the same time they wanted some payback, so they'll try for another hit, only to fail again. And if the gambler is not perceptive, he'll find himself stuck in an endless pool of gambling once again. Kind of sad, but that's what most of our gamblers do. They tend to forget that gambling is a pastime, not a lifestyle. Next thing they know, they're broke |
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In mathematics things could have the same sort of % and the changes, however in finances the difference is bigger than you could imagine. Just to give an example if you own 100 million dollars and you have to spend 1 million dollars on something, it is not always equal to you having 100 dollars and spending 1 dollars of it. Mainly because your 100 million dollars would continue to make you money while you wait, whereas your 100 dollars will be finished by the end of the day/week/month depending on where you live.
So, rich people do get richer because even when they spend money, or lose money, or invest it, they are also making it back from somewhere else, warren buffet could have a %10 negative year and would still be up in total thanks to all his income. Poor people get poor because the money we lose, will never come back and could never be recovered.
This is what's happening in the market right now. It's like getting punished for not riding the bitcoin wave when it was just a few cents back then. And there's nothing that we can do about it really other than ensuring that we don't buy hastily or sell without second thought as it will automatically equate as our loss. The whales probably know this, but the thing is unlike with fiat, they don't have that much hold on us. In fiat the richest people could just dump out their investments and we'd all be homeless the very next day. This is probably because cryptocurrencies are still a developing technology. That's my insight regarding this issue. Kind of disheartening, but we can't really do something about it other than the one I have stated above. |
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Priorities,
This is the only thing that would make any of us stop from gambling,
Of course there are some who would turn back from their priorities just to have fun and continue their vices.
When we have our priorities we would focus on it and we would avoid any other things specially if we don't have extra funds.
While you have a valid point but it'snot that easy. Money for all of us has always been the highest priority no matter what we say or do, that's the fact and gambling is directly related to making money even if it's actually ending on losing side most of the time. Setting priorities can be helpful though as you mentioned, like a student should always give higher priority and preference to studies but that's actually not working for most of us, as the bitcoin community consist a huge number of youth members we do know that its the youth that gets addicted much quicker than the aged ones. I agree on your point regarding how easy to set aside priorities are when the call for fulfillment comes. Most people can just throw away whatever they have in their hands be it something more important than gambling. But that being said, I don't think it's a bad alternative either. As compared to conventional ways of withdrawal from gambling, keeping yourself busy is the most efficient. When you forget that you want to gamble, you don't gamble. And being busy does it best. So it's not just secluded into setting priorities, you can keep yourself from gambling through hobbies, work, greater plans in life, even business. That's my take on this concern, along with a bit of an alternative if I do say so myself. |
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Bear market is the good timing to buy the coins that are being expensive to have or some coins that you want to hoard. It is natural for a trader to wait for this moment so that he can buy as much as he can, then he will wait for the bull run, bull run is happening today, a great jump in prices will soon be happen, due to halving expect more price increae in both bitcoin and alts.
There are no expensive coins when in a Bearish situation, many coins have decreased in price, so I agree if it is the right time to buy potential coins. Why are you so sure that Halving can cause Bitcoin or Altcoin prices to rise? Did you see Halving this time it will be the same as Halving before? Law of supply and demand, brother. As you decrease the available supply on a standard product with a standard level of demand, it'll increase in price. This happens a lot in the real-world and bitcoin is no exception to this. That is why whatever happens, anyone here is very certain that the halving will produce forks on bitcoin's price. That shouldn't be a problem. As of now, more and more people are hearing about the halving, which causes an increased demand over you product. Once the halving commences. This will cause a huge price increase until an equillibrium is met between two factors. That is why people are confident on their investments everytime the halving happens. It's so important to at the very least study some economics, it helps you create a strategy on how you can maximize your profits. |
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It is not good to talk about your winnings or your big gains in gambling because other people might have an intention to rob you, that is why it is much better if you kept all of your winnings as a secret even it all happened for a very long time because other people will assume that you are insanely rich.
I don't see any risks from telling people your winnings apart from imminent threats. You might entice a few people to gamble too but they too have half a brain to realize that you might've just got lucky. So they could retaliate at the same time. It's gonna be up to these people you tell on your winnings with what to do with the information you provided them with. Nonetheless, there is really no direct threat to bragging your big gains aside from threats and you looking like a big fat dobber. On the other hand, you can be an inspiration if you tell people of our fail stories instead. They could either take it as a challenge, or as a lesson. Either way, it's still going to be up to them |
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i've done it several times. but the problem is i have to connect internet from a general wifi of the office. that makes me feel uncomfortable. i don't know everybody in the office and it looked kinda risky for me.
That's risky as maybe some day the office staff will complain against you so we should trade only when we are fully comfortable. It needs to put fully concentrations towards trading and trading blindly is not worth acceptable. I often trade when I am free and not at work. At my work place I only work or sometimes when I get break I check the trading markets. Not only that, you're also risking your investments. Though secluded from the public network. Work internet still connects on a single server. And using a computer like that is pretty much similar with connecting to a coffee shop wi-fi. So there is a chance of your information being tapped into by anyone who can get their hands on all of the information stores on the main server. Plus, most offices have rules that no computer shall be used for personal interests. So that already puts you at risk of getting fired. However, if your boss is cool with it, then go for it. Just make sure that you cover up or delete your search history at the very least in order to ensure that your information is safe and secured. |
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Don't be complacent. Don't run an online casino without permits, even you are running on cryptocurrencies. Seek advice from local personalities available that are knowledgeable of the risks and pre-requisites of running one in your local state. Also, don't rush things, and make testings to make sure your casino won't be abused and bankrupted by some strategies.
You hit the point. Most upcoming casino are always good in rushing things. Some don't even wait to test things within their website before giving it out to users. At the end, the site becomes easy to hackers. OP, try not to use already made script but one that has is built from a scratch. And most of all, ensure that your business has its appropriate permits. That way, we can ensure that you are5 breaking any local or international laws if worse comes to worse. Get a lawyer, ask them if you can put up a website like that for gamblers. Surely the money you'd spend on a trustworthy lawyer puts up with the legalities that you'd be getting at least. If there are no benefits whatsoever. What I'm saying is, it's better to pay for taxes to be operating fine and dandy instead of getting your business shut down over an overlooked law. That's gonna save you all the time and the trouble in the long run. That's all the tips I can share for now. Hope you got something from it. |
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Yes arbiratge also promising some profit but there are any risk too, the risk is when Bitcoin confirmation so long and the withdrawal fee from current exchange to others exchange also expensive. And also some exchange has rule to enable withdraw should be have verified account, so this is not efisien .
The risks you're describing are too low we can't even consider them as risks. If you want a fixed rate for your bitcoin, then stick with one trustworthy exchange. If you want lower transaction fees then find an exchange that charges little or none if there's any. The world is your ouster. The real risk with bitcoin trading especially with exchanges is scamming. Even with the current knowledge of the average trader and the development bitcoin had so far, there is still a high chance of you being scammed. That being said, if you are not a wary trader you would get yourself stuck on a scam exchange and your bitcoins will be gone for nothing. Instead on focusing how "unfair" exchanges are with their high transaction fees and everything, find feasible solutions to get past these easy obstacles. |
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Discovering the essence of gambling differs from person to person, real reason though on the other hand differ as well as they engage in their daily lives, encountering different people that mostly shapes their lifestyle. IMHO, we have our own reasons why we gamble, most people consider gambling as the best source of fun because of money, some are having money but don't have something to buy. Some just want friends to gamble with. But what makes gambling essential for me is because it is sometimes a way for me to test my luck. No matter I have altcoins to spend, If that altcoin is available to an exchange, I grab the opportunity to just test my luck and earn. I am not really happy gambling, but what makes me have fun is to see my funds growing 2x and earning profits.
Well, we can infer what their deepest intention could be if we try to look into their financial stature. That being said, I don't mean to be offensive. But nonetheless, through my observations on people who gamble. Most people who fall within or below average income tend to resort to gambling because they wanted more money. They are tired from their nine to five jobs and turn to gambling after since it's not only convenient, it also gives them the rush they needed unlike their common workplace which basically felt like a chore after years of working. For people who fall above average income, they still gamble for money. But they are primarily in there because of the thrill. The rush is what makes them come back and continuously play, even if it's a losing streak to them. These are just my observation. This may or may not be what really is happening, but it provides a useful insight nonetheless regarding people's intentions towards gambling. |
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We must introduce to them the positive side of bitcoin. If they will only understand that the bitcoin will help our community to grow, they will for surely gonna accept it. Bitcoin will help our community to have faster transaction that will lead to our faster movement of the community. It will for surely gonna rise up since we have a faster transaction caused by bitcoin.
It's not enough to just sell the benefits of bitcoin to non-bitcoin users. That's like selling cookies to a thirsty man at a desert. What we could do, or pretty much the developers working on bitcoin's progress can do is to develop a much better system than what we have right now. The system that supports bitcoin right now does its job. But it could only go so far. It's only viable use is to support bitcoin as an asset. Whereas if we have a system that realises bitcoin's monetary potential, it wouldn't be hard for people to adopt it themselves. It's just going to be like the first time you were introduced to mobile banking, so to speak. |
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Because they are getting their listing fee so they aren't interested in researching about the project. Also, it may be more unknown and unreliable exchanges listing unrecognized coins and not the trusted ones. It just makes investors/traders lose their money trading a coin that won't get them any profit.
obviously it is all for money and not for the safeties of their subscriber,and this is a BS on exchanges users like us in which we are entrusting our money in their platform without them caring for us ,this is unfair for a cryptonians. I don't see how that is unfair to us cryptocurrency investors honestly. As if these shitcoins still have the chance on the market to gain value. As what you have mentioned, it is all for profit. They wanted to gain more revenue from these shitcoins apart from the. Profits they gain from the withdrawals and possibly website traffic. And I don't see anything hostile about that. If anything, this balances out the transaction fees that they impose per withdrawals since they charge it to someone else instead of throwing it down on the consumer's end of the string. It is weird, yes. But not hostile. |
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that is quite a nice topic, one of the best I've seen on this part of the forum
I bet (pun intended) it's usually a combination of dopamine hits caused by small wins and excitement on the possibility of "easy money" that keeps people gambling.
of course there are deviations on this behavior but I don't see how people would approach gamble on a "personal growth" way.
more like a "test of luck" or "destiny's checking"
Aside from the fake impression of winning, game of chances are really booming because of the fact that they make it so that the gamblers feel like everyone has an equal chance at winning. They make the common joe want to feel like the scarface when he sits down the gambling table. Which is generally untrue, as some people, even the game master can be bought for their services and put the odds in favor of the one who can pay an acceptable price. That's why gambling is big, it's accessible to everyone, and it makes people think thst it is for everyone. |
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Username: Twentyonepaylots
Post Count: 903
BTC Address: 1QHX6Zttz3JEq2BEBuP95B1fF4fgBDpved
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... if I had the opportunity to buy a ticket I would certainly be part of it. even though I'm almost afraid of winning  I know that feeling... Is like winning a big prize but a big problem at the same time. The first year is free, but after that, this plain can ruin lives. Most of the people who win big prizes at the lottery ruin their lives, is funny because we think a lot of money can solve or life but big amounts of money come always with big problems and responsibility. I don't think the it could single-handedly ruin your life to be honest. After all it's just a plane, nothing too bad could happen to you. But the maintaining costs and all is definitely a big pain in the butt. Nonetheless, you could just easily fix this by selling the plane if ever or you can have it be rented in a local air liner for business or VIP class. In that way, you won't need to carry the burden of taking care of a luxury plane like that on your own. It's just a matter of thinking, and strategizing at the same time. You won't have to put yourself into that kind of dilemma on your own. |
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