Suppose an android phone purchased at a price of Rp.2.000.000, - then resold at a price of Rp.2.300.000, -. Then sales profits can be calculated in the following way.
Profit = 2,300,000 - 2,000,000 = 300,000
So the sales profit is Rp.300.000, -
Simple as ABC. Unfortunately in the case of the OP, he is not even making any profit at all since he is selling back for the same amount. I would have actually called that break-even but for the fact that he is going to be paying some transaction or trading fee, apparently, he is going to be at a little loss which would depend on the trading fee of the exchange he has decided to use. This is basics, which anyone should know at this stage and for someone that could open an account on this forum, should simply be a teenager or an adult, and asking this kind of question? #SIGHS!# |
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this is always the case for this kind of market, just like in stocks where if a company releases a statement that could be a lot beneficial to their stockholders most likely the stock price will pump on exchange and vice versa when a fud is going on around.
I think crypto business is different from the stock you used as an example. Stock business don't necessarily need the internet facility but crypto definitely do. Once you are an internet user, then you must take care of so many things that makes it difficult for you to use this facility efficiently. With the advancement in technology, this threat of getting hacked or stealing of the information also rises and that to keep yourself secure from any such thing, you must be sure that you are taking sufficient precautionary measures so that you can stay away from kind of trap. |
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Mining is profitable in the long run.
It is cost effective token set up the hardware.
Over a period of time you reap rewards.
People in our country prefer to invest or trade rather than mine as the electricity cost is very high due to which profitability starts after many years if some one has to min btc. If some of the good coins needs to be mined than the difficulty level is very high and thus make not much sense if ROI is after years and not within a year. The cost which is needed to set up a mining field is no doubt quite higher and that because of which, most of the people don’t think it to be a very good idea. Other than this, the resources problem is another issue which does not allow us to go for any such thing as this will then result in huge loss too. So, you need to go for investing in different crypto coins and that you can also go for trading as well. |
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With social media bounties, there are too many participants and hence you get very little of the amounts of stakes or tokens. The best social media i earned was such that, they distributed according to the date that each participant joined.
The only thing which I know about all the bounty campaigns which are there in the present world like that of bounty campaign, tweeter campaign, Facebookcampaign etc. is that you can earn money from these campaigns but only at time when you are having enough of the information regarding the things related to this crypto market which can then help you in posting the right information. |
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You still essentially made $250 for a few posts each week, that's pretty damn good. Don't look at it as a loss since no one can ever predict what the top of the peak looks like when it's actually happening.
peopel sometimes panic and do thongs they regret afterwards, it is okay. Do not thonk about it far roo ,uch, it is better to go on The real purpose for participating in any of the bounty campaign is to make some good money and that you can only do once you will hold your tokens for some good period which can then help you in having some more earning. there is no need to make any kind of hurry and that you must stay patient and that you need to keep holding your tokens unless you see their value rising higher. |
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50% to save, to gamble in the next day. 50% more for fun. because that's the main purpose of gambling, having fun.
You are a gambler that’s why you are saying that I would save fifty percent of my winning for the next day so that I can come and gamble again but what if you come again the very next day and lose all of your money in gambling. Then all of your fun will end up because you wouldn’t be having any money to do things that you want to do in your daily life and then regrets would be at your side. If the person who will come with his friends just to experience what gambling actually is and will luckily win and earn some money from it, he also will save some of that money for himself so that he can come again sometime and earn more from it. This all happens just because of the greed that is present in the nature of the person, not only in gamblers but also in other people. Yes, greed will most likely is the factor why gamblers want to always gamble. Winning will only lead them to want to put their money on gambling even with how much they win or lose. I think all the gamblers that have become addicted to gambling came for gambling just because of this greed. Greed is present in the nature of every person from the start but it is up to him that how he controls this greed. And when he will get success in doing this, I am damn sure he would be able to face every difficult situation and become successful. |
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Good advices, but certainly any advice will don't help if a person hasn't realize what he is aiming to be. It is easy to say however if you are in the persons place and state of mind it is not that easy to take this moments and for it to realize your life was been ruined or broke by your own gambling addiction. I remember when i was a gambling addiction any advice was only passing through my ears and go outside in the other side. You know that feeling that you heard them but you never ever mind what they are saying.
Yes it is true. Addicted gambler won’t listen and won’t take advices because what they usually do is to justify their mistakes and satisfy themselves with their vices. They are like so genius that they have answers in everything that we want them to see negatively. And even if they are going to lose everything they have even their loveones, it is not enough reason for them to quit. It will always be depend on themselves to realize how bad it is to make them quit. I think gambler would listen to everyone’s advice and talks but like he is deaf which means he is pretending to be listening but actually he didn’t have listened anything. Gamblers respect others opinions and advices because they don’t want others to discuss their gambling every time so they say that they will work to recover back from gambling. |
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While trading we have to follow few rules and without following those rules there is no way to be a successful one except a successful by chance. There are lots of rules of them greedy plays a vital role. While trading never be greedy. If you become greedy while trading then you can be assured that there is 90% possibility to be a lessor.
Its true and I saw many people regret their greediness,specially for the bitcoin last december. Many expect that it will soar up to $50k without knowing what they entered and only wants big profits. In the end, it should be a lesson for them and an experience that should be treasure. Last year was really awesome, it give us a good price and the entire market is rising, but greediness will never give us satisfaction so in the end we regret the decision we made. Now, that the market is so down, we should still stay optimistic that the price will rise and it will surpass the success last year but we have to learn already and stop being greedy. I do not believe and am not able to understand how can some one call a person greedy who wants to and has entered a business only for profit maximization and by the way that is the basic motto of all the rational people who normally enter the market. You can earn any set goal of money in the crypto and spend it again in other financial assets. Financial stability matters the most. And it is good to live rich than less rich. |
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in my opinion, trading is if you do buy and sell in market, and you have done that then you have to do trading and if price goes down then better to hold coin and wait until price rise again
trading or not, it depends on what you feel. for me, for now I prefer to hold it because there is some busyness that I get. but this is a good moment to trade. I'm sure so many people are trading now. In the mean time, I have held my portfolio and have been waiting instead to sell them when the time comes. Also the current market is very good in terms of prices and stability and money invested in the current time can really be proved great in future when there will be a rise in the prices and the market will be in boom period. Having said that, I believe the future will be green all around. |
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is hard too predict something that have a really freedom in the economic society, so the bull are really hard to predict in the movement
Well I think it is not that hard as even now some experts makes perfect prediction about the price of bitcoin, most of the time we predict price of bitcoin through market value as when the market value of bitcoin will be high then price will surely be very high, but when in market more people will sell their coins at panic them price will get down, so now a day market is red but gona green very soon prices will be really high after that. |
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It is very happy that many big countries have accepted the existence of BTC
The same thing with the bans and regulations of some countries including the high rates of tax to cryptocurrency like they don't press high rates of tax to other digital currency but made an exception to this one, good thing Germany did not follow the footsteps of the other countries towards bitcoin hoping it will last long and other countries might follow this example, next time you should put the source link or the website of the OP. This is a positive news on the screens are with this news the Bitcoin will affect on the positive side because it has gained the trust and attraction of a developed country. The reflection of mirror also proved that Bitcoin is necessary even for developed countries, under developed countries can also bring their selves in the line of developed countries and that is why countries are adopting the Bitcoin. |
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Many people gamble, but all the bad ends of gambling addiction are well known, that's the main reason why people think negatively of gambling. Just like about drugs, let's be real, many people and our loved celebrities sit on drugs, but all negative of people who became addicted and died or killed somebody are on talk.
Yeah the ending results are so obvious. There have been so hundreds and thousands of gamblers who came rich and gone poor. There are only few, so few lucky stories where if someone have got into gambling and leaves it being a rich person. Because that is all based on luck and no one would be able to make luck accompany you every other day. So leave it. |
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there are many negative consequences of playing gambling but if you have fallen into it and feel the pleasure of it then all will be useless, they will not care about what they will receive in the future if continue to play gambling and they just think it will be his pleasure alone.
There is no source to get yourself avoided from this gambling. Everyone who comes in here even once, goes out as an addict of beginner level. But this addiction is so attracting that man would be just relaxed before it and wants to make it permanent source. They come to know later about gambling that it is detrimental for them but still they don’t care and get deeper into it. |
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I was addicted to gambling for some long time but after some big shocks and have serious troubles around me now surely I can say I can live without this because its never been good experience for me this give me biggest setbacks and many failures hopefully this is end chapter for me in next all way
Well we always stick to what we enjoy even if it's not productive until it burns us. Good for you that you manage to turn around after getting shocked. Some addicted gamblers are so deep in their addiction that they can't do it by themselves. Yeah, really good for him and most times, this actually burns based on the mentality we must have drawn to something. It is hard to come out of addiction though and I really would have been willing to know how he did. Anyway, how long one stays out from gambling is not the case but how one actually perceives gambling during this period is what matters. Although for someone who obviously cannot live without it, that is more like being an addict which is bad. |
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I will handle it by looking for another healthier hobby, but it all depends on his intention, because I think personally everything how of his intentions.
Yeah, intention matters a lot. As some people are seeing it as an intent to have some fun amidst other crazy individuals who also want to waste their money for the fun they want to get, some just simply see it as an intent to make more money and if they are lucky enough win big amount of money until they get totally drained and addicted to gambling. Effects of gambling are based on how each individual perceives gambling and that is what determined how they manage those impulses that come with gambling. |
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There is no reason to say that Bitcoin is a global currency. Bitcoin is currently being used in most countries of the world. But Bitcoin is not valid in all countries, some countries have banned it. Yet, the use and control of Bitcoin is growing worldwide. Russia, Japan, Germany, South Korea, France, America, and many countries including Bitcoin have much to use and control.
Bitcoin is no doubt being used by so many people living at different places of the world but the fact is still, you can’t say bitcoin as the global currency as none of the government of any of the county has so far declared it as a legal currency which is the most basic condition for the bitcoin to be the global currency. It needs a lot of time for things to be this much good and that we need to stay patient by then. |
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right now, im holding cardano from my loss back in march until now. i made myself clear to hold the coin because from what i have heard cardano is a promising coin out there. it has it own blockchain... in my decision making, members of this forum takes a big part of it.
Cardano (ADA) $0.215504 USD (-7.04%) 0.00002871 BTC (-4.53%) it's today price. I am afraid of this price. I don't feel safe to invest my money in this coin. I prefer ethereum mostly instead of this coin. Everyone has his own choice and that he invests his money into the coin which suits him the most. It is then his own hard work and the personal efforts which then help him in making of some good earning at the end of the day. I will suggest you go for wither bitcoin or any of the altcoin and then keep on holding that coin for some good time as this will then help you in much better way than any other coin. |
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As a digital payment system virtual currency has its own reputation. Bitcoin raised as strong virtual currency in 2010. Today’s global currency is developed in different way and comparing with others currency bitcoin is like more valuable than gold. Good reflection and better control system can make more valuable in economic sector. now by the help of bitcoin selling and buying system is easier than other transection. At age of technology we can collect or hire so many proficient worker for the purpose of different sector’s development and then we can provide their salary through bitcoins because of its popularity.
On above this conversation we don’t need to worry about future of virtual currency or bitcoins.
The future of bitcoin is bright the only thing we do not know is how soon that future will arrive, some think that cryptocurrencies can be adopted very fast, but I have my doubts about that, I believe bitcoin will be eventually adopted but to me it is going to take a lot more time probably a few decades before we see the massive adoption we are looking for. Yes that is also my opinion about bitcoin because bitcoin can provide many opportunities and that's why we can make big amount from this currency in very short period and if we want to save our money so bitcoin will also provide us this opportunity and that's why we can save our money in bitcoin and bitcoin will give us our money with best profit, so that's why the future of bitcoin will more bright and beneficial. While some see the slow speed in which bitcoin is being adopted as a bad thing the truth is that is a blessing, you have many years to accumulate as much bitcoin as you can before the price skyrockets, this means that when the masses finally wake up to the fact that bitcoin is extremely valuable it will be too late for them and the benefits you will get out of bitcoin will be bigger than if bitcoin grew rapidly. Virtual currency has a bright future like Bitcoin as we have noticed and have been noticing the evolution of currency into cryptocurrency which has great affect on people’s lives as it is responsive to people and they like Bitcoin the most. Similarly the other crypto coins are also in the line and they are also responsive to people with lower savings as with low savings they will invest in other crypto coins and then will upgrade eventually. |
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I will wait for that time to arrive, because I believe the bitcoin price by the end of 2018 will soar.
I will keep the spirit to collect coins for my future.
although this month, bitcoin prices are worse than December of 2017, but I still believe it.
Can not be denied, the growth of Bitcoin value in 2017 is arguably fantastic. However, this criticism of cryptocurrency is analogous to a 'bubble' (because it continues to fly high but can 'erupt' anytime)
The year 2017 seems to be the period of proof for Bitcoin as the most calculated cryptocurrency. One climax occurs when the digital currency recorded a record high with the value (USD 19,796) on December 17 last.
Experts also predict that with these achievements, Bitcoin has the potential to record a much higher value next year.
"Bitcoin can reach (USD 60,000) by December 2018," said Mike Dumont, Senior Editor of Bitcoin.com
I always thought bitcoin would continue to increase, and I was sure bitcoin would reach 20k by the end of the year, I'm sure bitcoin would be able to reach it because bitcoin is the best coin. TV and on social media there are analysts which analyze the crypto progress and give strong points on the market of cryptocurrency. They give predictions frequently but not as much accurate like the actual or practical result from the crypto coins. So, I say that most of the predictions are not accurate and we can estimate the value only and this estimation is the average estimation. The coin has the potential to achieve any highest possible place and also the present constant increase trend says the same. |
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Pump is mean the price of the coins/token going up drasticly by short times, and this is because many trader bought it at the same times, and dump its mean going down by fast. There are many pump dump group and they usually chooce coins that has low volume, and this trading methode is very risky, and usually only the admin of pump dump group will make big profit because they buy earlier before they give signal to other trader.
This pump and dump carries a very much significant importance not only in the world of the trading but also in the entire crypto market as this is the only thing which then results in the loss of money or gain of money based on how good you are in dealing the things. If you can make the best possible use of these two moments, then you can surely earn a huge amount of money later. |
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