Gold has been doing good lately after the big crash, in a way it has been looking very similar to bitcoin performance, but all know long term bitcoin is going to deliver huge gains compared to what gold can offer, its better to hold bitcoin if you want to get rich.
If you want to be really rich, I believe the best approach here is to invest to both bitcoin and gold. Then what you will figure out is how much percentage of investment to each gold and bitcoin. If I am to ask, I would rather invest a bigger percentage to bitcoin like 60% bitcoin and 40% gold (of course this is in so far your investment budget excluding your other expenses and budget). The reason is that, bitcoin is very promising in terms of its features compared to gold. |
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already working full time on crypto
me too. I am a student. and all my source of money is bitcoin. and I wish one day I will start my full time career with bitcoin too. but the big problem here is the works, jobs and ways of income are not reliable. unless you become part of a huge crypto company. As a student me also earning money just from bitcoin but the topic is not asking this, but it is saying whether we will leave our job if we had one to become full time bitcoin or not, and i guess not at all because i know bitcoin is going to stay here for long but i don't have any stable ways of earning bitcoins except signature campaign which is not forever not it pays me enough to run my life if i have responsibilities. Yeah i think signature campaign will not staying long just we enjoy that we are earning bitcoins here in our forum. for now its not good to stay in bitcoin while you are doing job or study as student.. and i am sure just to save bitcoins is the solution that you can be have a good amount of savings that you can use in your business in your future.. that you can stay live full time in bitcoins for now you can not be full time if your source is signature campaign.. That is true about signature campaign especially if you are just new here in the forum. However, I see signature campaign as profitable when you have higher level here in bitcointalk like a Hero Member - wherein you will be offered some especial rates which is very reasonable financially given the fact that you will only be posting some quality posts in a day and you have the already the earnings equivalent to people just starting to work online. |
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My strategy
1. Never be all in
2. always flat betting
3. don't bet the amount you can't lose
4. do deep research on sports.
Nice strategy. I don't believe you can significantly improve the chances of winning by doing a "deep research" on sports, but I agree with this on all the other points. The best part of your strategy IMO is the "don't bet the amount you can't lose" part. Anyone who will follow this advice will not regret gambling in the future. With respect to the poster above you, that listed strategy is really good and should be followed by a certain gambler, but the flat betting is really hard to do, I think we need to be discipline enough to be able to do that, we cannot maintain flat betting especially when we are losing. Thank you for your compliments. Just my many years betting experience, I male moneu from betting, especially sports betting, do deep research can give me more advantages and higher prediction rate. If you do flat betting, your winning rate is 55% in the long term, you can make decent money if your bankroll is large. I know there is google but can you elaborate more about always flat betting strategy? Does it mean, no need to increase or decrease amount of bets and just bet the same amount of bets all of the time? Is this different with martingale strategy? I am really curious because it is really my first time to hear this strategy and interestingly it is being applied in sports betting which I do betting like once a week. |
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invest instead of gamble
like hachocean scammer Never invest in hyip and scam sites like hashocean. When their offer is too good to be true, better be careful and not invest to them because it is definitely not true. I would prefer to teach yourself how to trade cryptocurrencies and trade them yourself - this way you can control your coins and you are the one who grow your coins and not other scammers. |
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because you think that it can make you endless money but you actually would lose a lot of money in a short time
this the common idea coming from those very lazy people who loves to earn in a easy ways thinking that they can easily doubled their moeny in such a way of gambling but unfortunately ending it up losing it and feel sorry. We just have to respect their idea, maybe we will just make our good comment here if that person comes back and blame gambling for ruining his life, the thing is there is no easy money and we cannot win in gambling in the long run, it should be realize by every gambler early. Well we have different perceptions and motivations in life and sometimes we do create some non sense aims like doing gambling hoping for big money so easily thats why most people do get easily broke in the end because of their lack of knowledge in this kind of industry. Gambling is design on this way and remember its business not a money milking machine. Make sense, gambling is a business - a big business indeed. Just come to think of these, many casinos are sponsoring big whales to play in their casinos. Sharks are given free first-class hotel accommodations with all of the finest amenities in town just to get these sharks play in their casinos. And why do you think they are spending these much? Because they can easily win it back again from other players. |
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I will not quit my day job to go full time on bitcoin cause full time on bitcoin is scary as it doesn't give you a fixed salary but I need a fixed salary. You have to pay the bills every month and when you can't do that you get in trouble. So I will stick with my job for now.
I am 100% agree to this. I was once made a mistake of jumping right away to bitcoin endeavor and quit my job.. I'm so happy that now, I just get back my job before because my client give me another project again. Now, a big lesson learn for me to stick to your day job until you are 100% sure that what you are doing next is a sure big income. |
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If u want to become rich put higher bets
rev scenario
if u want to become poor put higher bets
All about luck, I tend to say: If u want to become rich put higher bets when you have good luck if u want to become poor put higher bets when you have bad luckThis does not really guarantee it. The reason being is that the results of the bets are at random and there is also house edge of the casino that comes with it. Hence, even if you feel lucky, you still have higher chances of getting busted if you continue playing unless you have some sessions to fall back though. |
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will trade forex , that is the only way to make it double
There's more ways to make it double though and maybe you'll lose it this way so for me I'd play it safe and leave it as it is waiting for btc value to go up and earning more bitcoin via alternative ways. This is a conservative way of holding 10 btc. For me, I would rather have it offered for loan and earn daily interest out of it. That way, while I am waiting for btc price to go up, I am already earning interest from the loan I offer. The risk is that, the platform where you are offering the loan might be hack but for me, leading platforms nowadays are doing its best to defend their business because they are also earning big from this. |
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For me, the easiest to make profit in gambling is to avoid deposit own money to the gambling site. Just use the faucet of gambling site and then roll the amount. In that way you will have sure profit and never been lose,  But for honestly speaking, There is no easiest way on making profit on gambling, The easiest way is to lose some money. That is right.. In gambling, there is no easy way in getting big profits only easy way of losing it. At the time of typing this post, I just saw a very big money being lost in gambling - someone loses 1012.999794 btc now at betking.. This reaffirms that no matter how big your bankroll is, there will always be a big chance that you will lost them all. Be careful. |
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I also agree with you all. bitcoin might not make disappear the bank, because the bank is a financial institution that is essential for the international economy
We share the same thought, banks will never disapper even if bitcoin become international currency. The reason is that bank isn't for money storage alone. Banks are also used to store precious metal or delicate documents which is locked inside it's vault. So even if Bitcoin control the currency, bank will simply find its way to adopt in the situation and taking advantage and earning out of it. We don't see any strong reason behind bitcoin replacing banks, as bitcoin is too small in compare to banks and banks holds support from the society and Government, where people don't have much faith in bitcoin. Yeah, it is really hard to believe that bitcoin is going to make banks disappear and even though bitcoin is having high value at all. Banks will always be there because all the people need banks for a country. But I am thinking that this is be possible that the bitcoin are going to be adopted by banks but they are not able to make it disappear. Not gonna happen, even in the future, bitcoin is just created by an anonymous person while banks are created by the government a long time ago, therefore if you will analyze it is impossible to make a trusted entity disappear just to welcome an anonymous asset or currency. Banks Is the most secure place to keep our money although there are so many fees we need to pay for administration and etc. bitcoin Wallet is needed for some one that wanna lower fee to keep money. bitcoin world can be help someone that wanna find a way to get second resources. Bitcoin and bank, both is important. They are still businesses so they get their profits to those fees. Unlike bitcoin there is no physical thing, no need to rent a space for it to move. Those online wallets are the one taking fees for the capital they paid when they bought it and some more for employees income. If you have a offline wallet then there is no problem. Bitcoin and banks can go together as long as there are bitcoins and fiat money circulating in the economy. There is no way that fiat money will gone and so there is no way banks will be out of business. Bitcoins has different use with fiat money in many ways so there is no way that it will replace fiat money and banks because it is just an alternative to using fiat money online. |
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The only thing to try to investment website are legit or paying is to invest or if your friend tested it like he already investment or put money on the investment website but always invest once and never do it agian for sure that hyip are going to be scam
Even if your friends are having success with investing to these hyip sites, there is still come a time that these sites will run all of the money invested to their sites. Look at hashocean, they operated for a very long time and with these people who invested in the site think that it is not hyip and recommend it to their friends only to find out that it is indeed a hyip and scam site. |
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Making profits in gambling is difficult since in casinos the house edge will make you go bust. You can try sports betting where odds are lower but winning chances depend on your knowledge as well, and that can give you an edge as well.
thats right the more you understand the game the more chances you can have but also need to be careful since fixed games are also been applied to some big sports play so better to make some research to avoid being lose. Yes but that is very difficult to know which game is fixed and which is not. Some tipsters seem to know these news and thats how they can win many bets and place high odds bets on some teams. So research is important before placing any bet on any team. That is easy for me because I have a basis base on my observation and I wanna share it here too, you can determine if the certain game is fixed upon looking on the line alone, if a certain team is heavily favored, that means the public are pounding hard on them, you should bet the other team and you fade the public, that is when you will win. That is not always the case but yes when someone is fixing the game, they will go to the less favored team because the profit is quite big betting on that team because of the odds. Now, if you have some extra cash and not feeling well betting on any of the team, might as well bet of the less favored team - chances are, you will lose but if you'll win, you profit big. |
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I will deposit it all 10 bitcoins into gambling sites sportsbook. Why ? Because i am a hardcore gambler and i experienced on gambling around 3-5 years. I'm sure i can make profit everyday with 10 bitcoins. With 10 bitcoins i can earn a living with bitcoin.
i would never do that, thatwould just make you lose all the money you have right now and i think it would be dumb you are right.. the plan above guy's is totally wrong. investing 10 bitcoins in gambling would never give you living.. if I get 10 btc from somewhere I would never gamble them. 10 bitcoins is an huge amount and I can do lot of things with that.. gambling is one of the fastest way to earn more if you are lucky or a pro with the game you are playing but it is also the riskier one really fast to lose your btc so its never been advise especially with those who doesn't have any knowledge from it, much better to use the money to more reliable investment like making some business or lending or if trading can be work for you thats a good source too. Gambling is a double edge sword - you can either profit big or losing big in an instant. Like it will hit you hard without you expecting that blow right away. Therefore, to not expose yourself from this very big risk, I would suggest that you learn trading cryptocurrencies and try applying what you have learned. |
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For me both, i used bitcoin as currency and investment.
As currency, i used it to buy load shopping online.
And as investment ofcourse, i used it to earn more btc in
investment.
currently im use itcoin for payment processor only, for investment i choose other crypto curency like ethereum classic. bitcoin is very simple to be a payment processor, easy to use tha paypal you are right and use bitcoin as a better payment option like me . since i am.using bitcoin as investment but it is a work of patience to get profit . but overall i like bitcoin to find it as internet currency I'm still building up enough bitcoin reserves, so not using it as a payment mechanism yet. When I get enough bitcoin funds behind me then I'll start using it to pay for things too. I'm probably 6 months away from getting to that level though. Can't wait till I get there. You are right, patience is the key with these kinds of investment. I am doing the same thing here. Instead of using bitcoins for purchasing anything online, I just use fiat money to do those processes. What I do with my bitcoins is to hold some of it while I trade and offer for loans the rest of my bitcoins. I just make it sure that I always finds a way to make my bitcoins grow as time goes by. |
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I think almost everybody have tried martingale at least once. During a long period of time my strategy have been martingale on 50% winning chance. With that strategy you almost always can double you balance and sometimes you might get close to 100k from 200 sats faucet. Of course I'm talking about dice gambling sites. And don't forget that you might lose all your balance in two minutes too.
Recently I came to another strategy which is also a martingale but of a different kind. I play with 10% winning chance and I double my bet every fifth time after consecutive losses. If I win I go back to the initial bet which is around 0.5% of my balance.
Martingale is only good if you just analyze it but when you apply that is when you will understand that it is not applicable in gambling especially when there is a house edge, you cannot just win easily especially in dice as that game has no flaws in favor of us, it always favors the house. For me whatever strategy you are going to use as long as you are going to get profit with it base on your luck that is going to be acceptable. Because I have read some people here that they are using martingale for a long time ago but it tends that sometimes it is not usable. As long as I think I am going to win then I am going to bet, that is my strategy. Martingale can be used in sports betting. For example you start with a 0.01 btc as base bet the first time and then double it every time. It's difficult to make profit but not impossible and this has the highest chances. You just need an odd of 2 or more, not difficult to find if you place bets on extremely heavy favorites like -1.5 Asian Handicap usually the odd goes from 1.35 to 1.95-2.05 I say it's more likely to happen that you will win an asian handicap bet on heavy favorites rather than trying to place a bet on a team which has an odd of 2 directly to win. Unfortunately even sports betting has limits so you can use this strategy up to certain point and not always. If you just hold on and if you have a big bankroll, this is really possible and doable. However, make it sure that your potential profit is almost the same most of the time so that you will get even instead of in a negative profit even if you win the game. So, the post above is right to always find an odd of 2. |
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My plan is to have a diverse portfolio, when my other investment mechanisms (real estate, shares, crypto etc.) hit a certain level, then I'll start investing in commodities too, gold will be the primary investment there, but I will use a brokerage or gold funds rather then physically store it - however I'll have to wait for the price level to be right. The price of gold will be too high for now.
Wow seems like you are having a big amount of porfolio out there. I like the way you diversify your assets which we must do all the times to mitigate the risks of losses. There will be losses, even in big companies they also experienced losses from time to time - with diversifying our assets, we will be able to combat the losses by having profits to our other investment vehicles. |
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If you're looking for a long term investment, you ought to invest your coins. If you're looking for a short term investment, you can gamble. But I guess trading is somewhat more predicatble and safer than gambling. So better trade than gamble. But you'll loose almost every time you gamble so better stay away. Many people learn this the hard way  yup it will take some time but learning it would benefits a lot trading investment will easily multiply your btc just work hard and research deeper. It is better to start trading rather than gambling, in gambling even if you spend your time doing research you will never be successful while in trading there are a lot of techniques available online that you can use to increase your chances of making profit, the longer you trade you become more better. I could not agree more. I am still new to trading and I am from gambling side - I can really say that I should have known trading before I started gambling because there are many things in trading that you can be able to control your profit loss compared to just gambling. Most of the time, if you just doing your research well, you will be good with trading. |
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Well first of all you should never think about becoming rich with the gambling because no one can become rich in gambling.Yes if you would say a big profit then yes big amount is required because small bets means you need to win consecutive 5-6 times atleast but with big amount you need to win just a single bet.
That is true but that only applies to majority of gamblers. There are still professional gamblers that became rich because of gambling. I will not mention names but they are quite a few like the poker champions.. Not to mention gamblers in high rollers whose profile are positive big btc statistics. We can not really generalize that we cannot be rich with gambling because there are a few that became rich out of it. |
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turn off internet - the only way  or .. sell all bitcoins! Turning off internet or selling Bitcoin will only make you stay away from online gambling but you can still gamble in real life if you really are addicted in gambling. It is really hard to stay away from gambling online and offline. The only way that i did to stay away from it is to do other things like playing mmorpg, dota2 or anything that can consume a lot of time. Putting too much time on online games does not make a any help to you because you are still one click away in gambling sites, when you are addicted in gambling you will always look for it so I guess it is better if you can focus in physical activities like sports. I agree. Going to sports is better alternative with gambling because apart from enjoying the sports game of your choice, you will also socializing with other players physically and at the same time exercising which is good for the body. This healthy transition will not only be benifited to you but also to your loved ones because they are now comforted in the thought that you are already healthy and happy. |
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If u want to become rich put higher bets
rev scenario
if u want to become poor put higher bets
hahah thats right the riskier the better but just make sure you are also ready for any consequence if lucks permit you huge fortune will be your but in the other hand all week un sleep days will come when you lost a huge amount too. lol, luck will not follows you always , so dont be greedy , be safe luck only give you once if you wont take that as an advantage if you wont quit after hitting it you will be sorry in the end, betting big will also a a hard decision to make in the middle of the game but risking it for me would be an advantage after hitting then quit and enjoy the earnings good luck. At the moment, I am transitioning from gambling to trading cryptocurrencies. However, I am now planning to bet .05 allin only once a day. That would be 50% chance allin .05 - if it wins, I will cashout and if it lost, I will also call it a day and bet again next day. I guess this will be good considering that I am now having many things going around everyday so a little 5 minutes doing this will be good. |
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