I honestly do not dare to take the risk to put all the money I had. I was probably just going to put 50% for investment in the world bitcoin. the rest I would invest in the real world. I will build a business that related to the world of technology.
Wise decision. It is really hard and risky to put all of your money into one investment vehicle like in bitcoin. Because if bitcoin will break which hopefully not, all of your hard earned money will lost. It is always recommended to diversify your investment to mitigate risk while you are getting some steady profits.
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Hello!
I've got a few coins on the side and I'd like to make them work. Which gambling site do you advise me to invest in the bankroll?
since i never trust at any bitcoin site for investment but still some of there are better site to invest like moneypot and just dice . they return your investment with profit . This is indeed a very difficult choice. we may not trust the site a trusted website. even large websites that originally was alright, surprisingly happened SCAM. it is one of the things that makes many people fear to invest here. That is really a risk when you decide to invest even to famous and credible casino sites. There are really comes a time that through to some very personal reasons, the people behind the casino sites may sacrifice its reputation and run the existing bankroll of their sites. This may happen but not really that easy.
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yes you can gamble any amount but you can lose it easily just gamble with a big bankroll so you dont lose alot
you are wrong . betting in big bankroll result in sudden loss .i will suggest him at all don't gamble with his btc. because gambling is only a way to loss your all btc .whether bet amount is small ir big . Big bankroll users have strong survivability if they bet small and learn to control when to stop playing their money. They can survive for longer period of time when they divide their bankroll into many playing sessions. Even if they divide it multiple times, the profit in winning are still significant because they have bigger bankroll compared to small bankroll where if we divide it into multiple sessions, the result is that we only have very small session bankroll and the winning is not significant.
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I can use it for trading lets call it a "waiting game" , buy low sell high or gonna buy domain and hosting to host many articles about bitcoin.
Better if you are going to use it for trading much better if you are going to make some techniques in buying altcoins not only you are going to buy low and sell high you need to see whats demands on the market and on the investors who are playing with. Also knowing early signs of pump and when you spot altcoins that can be shorted in margin tab, then you can easily earn when the dumping time is commencing. That is what I am doing really now. I wait for signs of pump and dump before I place my long or short order. I don't usually use technical analysis just fundamental and signs of pump and dump.
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The safest way to gamble is to limit yourself to a bankroll that you don't mind losing and play with smaller bets to prolong your session, so you can enjoy your time longer. Just have fun and don't go over your limit.
lol to prolong? but you still believe in the end of the game you will just lost it? it sounds like wasting time isn't it? why you did not make it simple by making a single high bet and just go away? all just same , with or without strategy gambling always ended up a losing everyone know it , no safe. Wasting time, money and energy, i was addicted to gambling, I lost 5 btc on gambling, I quit it now. Never try a safe way, it is impossible unless you are a hacker can find website glitch I'm sorry about you losing your 5btc. I am really now in transitioning from gambling to trading and going back to my day job. I used to be heavy playing every single day in a very long period than it should have been. I lost more than I win even if I have system in place. Although I get even most of the time because everything is under control, it is still a waste of time.
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I will buy when the price of bitcoin is low at the moment because of the relatively high price. And better buy when low because when the price spikes have income immediately. Really better to buy at a low price than buy now do not know what might happen suddenly dropped deficit immediately
If you look at long-term investing to bitcoin, then the best time to start buying regularly is now - you really don't care whether the price of bitcoin goes up or down, you just buy regularly according to your established schedule of buying the coins. If you are otherwise investing to bitcoin in a short-time manner, then waiting for the price to go low can be quite tricky and may take time.
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I do allot of things when you just have me 10 bitcoins dont you knoiw how much 10 bitcoins are you sure you want to give me that just for nothing should sell them by my self.
Yes thats true if you hold that much of bitcoins you will never know what to do and you all want is to spend that bitcoin in internet or you are going to exchange that into real cash to spend to buy some gadgets and anything you want in life for sure. Its better to have control on our spending and don't waste it on useless things, best thing is to invest them somewhere from where we can earn regular profits. This really boils down to what kind of risk tolerance a certain individual is in terms to investing. If we take it conservatively with sure return, we can convert it to fiat money and invest to government bonds. The profit is not that much compared to regular stock bonds or trading in cryptocurrencies but the risk is lesser than the latter two investment vehicles.
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Gambling is so additive.I would suggest you to be away from this. Even if you want to try for fun but you will get addictive soon & start throwing your money over it.so be away from this.
Nope, addiction can be avoided and can be managed. It depends on ourselves, those who are addicted to gambling are those who cant manage themselves on how to gamble reponsibly. It is easy to stay away in gambling rather than getting out in gambling because when you are addicted it would not be easy for you to get out as you will never forget your loses and you badly want your money back, without moving on we will continue to be addicted. Human nature, we are curious of new things and when we are curious we wanted to try it, of course when we like to see that other people are enjoying in gambling we will not hesitate to try, because they will temp you and will always share their winning experience and hide their loses. In other words, what majority of gamblers see are the shining object (or just the winnings) and not able to consider and check how many losses that certain individual had during his/her betting session. This is also true with some hype sites where they present individuals that are earning big already to entice new investors.
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If you gave me just 10 bitcoins i would be very happy with it and that is very nice becauase i like to get 10 bitcoiins because the bitcoin already hit the 620 each so i would be rich So you are satisfied already with that amount? Because you said you will be able to be rich, I think you will not make effort to grow but just cash out and go. Anyway, if I will be having the opportunity to give money or bitcoins in the future, I will be happy if the person who will receive the money will invest it and try to grow it. That is right. The very reason I guess that the OP's is handing his 10BTC is for it to grow through investment or just getting sound investment ideas from members in this forum. There is no way that the OP is just to spoon feed the 10btc to someone and that is it. Hence, the OP either wanted a credible person to invest in his/her behalf the 10 btc or just get investment ideas for his/her 10btc.
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Gambling can really make you cry but I think its not bad but even logical, gambling is based on luck, and sometimes when you do not have this luck you will cry because you have lost money... I think its normal and that we have to live with it...
yes gambling can make you cry bit if you have no control on your self, and continue loosing in gambling, but if you have full control on yourself then gambling cannot make you cry, because you do gambling up to the limit you can afford, Yup in gambling controlling our emotions is very important. If you don't have control of your emotions, then I am sure you will cry one day. Because our greedy will lead us to play everything that we have in our pocket. Once our pocket empty then I am sure we will cry. But I have control over my mind I know when to stop gambling. So I never cried till today, but I felt many sad times when I lose my bet. When losing in gambling that is really the only reason why we are going to cry. I had experience that too before at first I am big winner. But I don't secure some amount to my profit, so in the long run I lose almost all of my winning by that time. So you know what happened next, . Well, that is not new to us here, we have a similar experience, I also experience winning big amount but due to the greediness and thinking that I have already found the secret to make easy money in gambling, I gamble again but lose, in the long run we still lose. That is really right that in the long run, we will surely lose because what we called the house edge. No matter what strategies or technique you could have, these will not over power the house edge in the long run. However, if you play wisely by having many sessions and proper bankroll management, and the like, just like the professional gamblers, then you will combat the casino house edge.
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Wow! This page has reached 200+ pages of complete bs.
Haha some of the replies are good and its to be true some other people are sharing some b.s replies and it doesn't make any sense like mine but you still keep reading it okay i got you haha kidding well for the OP theres no safe method for gambling just follow want you want then. safe on gambling has several different meanings for each person. but the safe is not going to avoid defeat, they will still get lost. but for my example is a safe bet, when I bet on sports betting and take the safe option as draw not bet, home or draw and under 4.5 goals . although the odds are small and it can be fairly safe. yeppp it is true , there a lot of meaning if you talking about safe in gambling , there some people think no something called safe in gambling there just a risk and risks , and there some people think safe in gambling just to earn a little profit from a little risk , i am more to the second opinion , gambling safely with a low risk. yes, the true meaning of the safe method is to play with a lower risk, although I know gambling is high risk. but some options could be a low risk. but it still depends on the type of game, if the sports betting there are plenty of options to take low risk. but I think the casino games no risk low. it really depends on luck. Even if it is very low risk like 98% chance of winning, there is sure possibility that you will get busted due to house edge. The sad thing also about the 98% win chance is that, when you lost on that bet, you will lost a lot. Of course, you will be playing with high amount of bet when you do this 98% win chance to get desirable and significant profit.
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No, I will never prefer to quit my job for bitcoins as I am not sure what will be the future of bitcoin and what value it will be holding, job offers me financial security and also retirement benefits to me and my family.
yes i am agree with you, i am also not going to quit my day job for giving full time to bitcoin, i think i can give good time to bitcoin at night, i also study bitcoin in day time when find free time during my day job, so i feel comfortable and no need to quit my day job for bitcoin. if there is a good bitcoin project and have a great potential to make money higher than your current job what will you do? are you sure don't want to leave your job? and go to work for bitcoin which lets say 10 times of your current salary i personally sure will leave my current job , and join the bitcoin project! This is so true. This is the reason why I actually quit my day job seeing the potential that my monthly income will at least be 10x my day job salary. However, due to an unforeseeable event, we were not able to get our target profit. Now, I am in the point of going back to my day job and just make bitcoin as my side income for now.
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If you want to make sure your money is almost the same if you want to safe it use gold because gold wont get a lower value of it and bitcoins can drop to even less than 1 dollar each so make the right choice.
I think it depends on the choice of the investor. they choose a safe investment with a gold or investment risk but you will benefit by quickly if you choose bitcoin? I think someone who has a large capital will choose a safe investment? It boils out to the fact that there are no two individuals are the same - even twins. So, in terms of investment, people varies in terms of their risk appetite. For me, investing to both gold and bitcoin and with other investment vehicles (diversifying your assets) is the wise decision to make than focusing only to one investment.
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perform a holding period of 2.5 years was extraordinary action.
I really wonder what is the average age or investment experience of the Bitcoin population. Is it all just gambling for a quick buck? 2.5 years is very short term 'investing', it is nothing compared to stocks / bonds / pension funds etc. Buy bitcoin (or any investment really, diversify) and forget about it till the date you want to retire. Then start spending 4% per year and you will have a financial perpetuem mobile. wow, good advice there. That is preferable than just saving to banks. With bitcoins, you can either hold in your local wallet or invest it to some good altcoins and forget it until you reach your desired price goal and cashout. Investing for a short period of time oftentimes gives much stress and disappointment due to volatility unless you know what you are doing.
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The only thing that I can think of is by just go out and looking for a other hobby that is going to help you for sure if you manage to find the right one for you. If that does not help then you will have to get some help from a professional.
That is really the best first step of staying away from gambling. There is really no other ways than to make new habits in life like getting a new hobbies or outdoor activities with loved-ones and friends. If you will not keep yourself busy with other undertakings, then there is no way for you to stop and staying away from gambling, that is for sure.
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Bitcoin has a lot of power but not enough to actually do something to bank. It can be a little bit threating to the banks ofcourse. But the banks have so much power that it will not matter what happens, they will stay on top of everything and bitcoin cant push them down.
Banks are already an institution in our finances. However, bitcoins is establishing itself also as an institution of revolutionizing online commercial transactions. It is not competing with banks, it just serves as a good alternative to banks. We use fiat money and we need bank same is true to using bitcoins in other transactions that accepts bitcoin.
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I like this thread so much, now it turns to a giveaway thread, I hope the OP will continue to succeed and next time he will shower blessing please do include me as also wanna try to bet on ETH which I have not done yet in my life.
The OP is really good and sincere. OP wanted to share the blessings received by winning the bets made. We seldom see this kind of person nowadays because most of the people that wins big, they tend to get more greedy and keep private about their big winnings and enjoy it only by themselves. So, my salute and high respect to the OP!
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i think present price of bitcoin is very good to buy bitcoin and the price of bitcoin will be more increase and i am bitcoin no more drop its price so the price is very good and low .
If you look at bitcoins as a long term investment, then you will buy it at anytime price at the moment because you believe that soon the price of bitcoins will go high. We can only say that its price will go high because of the best features it has. You can use it easily and conveniently online without much of a hassle compared that of fiat money.
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Do you think that people hate bitcoins why? Are you hate bitcoins or like it......... But my answer is I LIKE BITCOIN.
People don't hate bitcoins bitcoin are worth to use if they know already the value of bitcoin in bitcoin you can make many activities here you can also buy some goods and use bitcoin as a payment and there are new investors who are using bitcoin for there future business and i don't think if they investing it. When people get to learn and use bitcoin, there is no way they will hate it. Maybe people who have no knowledge about bitcoins are just hesitant to make use of it than hating it. There are all good features in bitcoins than any other ordinary fiat money out there. Once the people knows this, they will never stop using and growing it.
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It depends on the situation, sometimes I use btcs as currency, when I buy things online using it.. And I invest this sometimes, mostly in trading, to make some profit.
That is very right. We should use bitcoin with all of its features. There must be no limit. Bitcoin was designed to have us alternatives in using fiat money with added features - we should use it with all its might. Never limit yourself in using bitcoins because there is a lot of convenience and ease of use with bitcoin compared to ordinary fiat money.
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