Only haters would say that and those who had a real bad experience in gambling, it's not fair to blame gambling for their loses and say this world would be better if without gambling. Honestly, I am also a loser but I learn to appreciate gambling because it can really give fun if you are only looking for fun and nothing more or less.
You have a point, just because you're lose you shouldn't blame gambling site because it just a game and based of luck. However, how much you are trying to notice someone to control their emotion there are still people who keeps their ego and keep playing. We should learn about the past and don't do it again. Nah, people will blame gambling site if they lose because they thought that the site isnt fair at all which causes for their loses.Emotion does really have a big role or effect into a gambler because with this it can make someone to make decision not would be suited or needed on playing gambling.If gambling isnt introduced then theres no gambling site or establishments worldwide. But I think gambling itself is not responsible for their lost. It is all because of their own way of playing gambling. In fact most of the people join gambling as they consider as gambling is one of the most easy way of making money, but when they stat playing gambling and when they lose money they do not ready to accept the result and so they continue as to recover their lost and get their favorable result which cause a lot of lost in a single day. |
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as some people consider bitcoin as their side business while other people consider it as entertainment, to me bitcoin is an investment where we mostly depend on our luck. if we are luck then we will make good money in gambling and if we are not lucky then we can evelo lose our own money.
There were people who started bitcoin career for fun, but finding themselves as millionaire. But we cannot expect same thing to happen with bitcoin gambling too. The potential of bitcoin is something different from what we could expect from gambling. When bitcoin is an opportunity for making money whereas gambling is just for spending money. Those spending could be losses, as long as you are keeping your spending within your limit you can have safe gambling. |
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The way to explain something to a person is to do in terms they understand, you cannot explain quantum physics in the terms used by physicist to the average person you need to use examples they can understand, and the same applies to children you need to explain to them in terms they can understand.
Yes, for teaching bitcoins to a kid, I believe we must turn as a kid so that they could easily understand by being "within their world". I mean to say we need to enter into kid's world so that we could understand their terms and in playful way we could explain them what we really finds that they could understand. First we need to classify what are easily understandable for a kid. Because we cannot expect them to understand complex things. When we are teaching them in their way, I believe you can find good results. |
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The steady income here was doing trade in the exchange platform and joining in the signature campaign or buying altcoin in the ico project at the cheap price then sell it more the amount you invested.
In my view all these are are not seeming consistent. Any type of trading will never ensure steady income. Because losses are part of trading and even professional traders are struggling for finding steady income. Signature campaigns make give steady income, but you cannot be sure that you can be participated throughout year. Altcoins and their ICO are very much dangerous in my eyes. One recent ICO is refusing to provide withdraw functionality for their ICO investors. They need to wait for at least two weeks for auto withdraw to happen. I guess dev will dump before their investors. |
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Bitcoin will never ever have a stable price. Even when the all fiat currency was converted to bitcoins, there will still be stuffs like Digital Gold and other cryptocurrencies traded against bitcoins so the price will still be unstable. Anytime big dump can happen but at the same time, anytime a big pump can happen.
If bitcoin would have stable prices, we could never think about getting rich with it. Fluctuations of bitcoin must be a gift, we should make use of it. I believe, for getting rich with bitcoin, we do not need any active participations like trading or doing any business. Simply buying and holding it for long haul will ensure becoming rich. To all the other people that are wishing that they get back to 2012 and buy bitcoins, it's not going to happen. The famous quote: "The best time to buy bitcoins was years ago. Second best is right now."
There will be no second opinion about buying now must be a best option for ensuring our chances of becoming rich. I believe I have enough amounts of bitcoins to become rich in next 10 years. |
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I want to invest in bitcoin, Where can I invest?
Please give me all the info alternatives and how to do it.
You want to invest fiat in bitcoins or you already have bitcoins and looking for bitcoin investments and if you are looking to buy bitcoins then you can easily do it on localbitcoins and if you are looking to invest bitcoin in any online investment site then be careful as most of them are scams. Indeed, bitcoin is a good investment to start off, especially now that bitcoins are prices really low. Though the price would look like it is quite high, it is still low as there is a great chance that the prices will bump up in the next few months especially when all the clouds clear up with this forks coming about. Yeah once the BU issue is resolved we can expect much higher price of bitcoins so I think this is the perfect time to buy bitcoins as this price can be treated as a low price which will eventually go higher in coming days when everything gets solved. If a person trades, then investment in bitcoin is just right, and if not, then you should not take risks. It is better to invest money in other valuables or objects. For example, in real estate, and bitcoin can simply be earned or earned. I think that it all depends on what are your priorities, if you want some fast money than I don’t recommend putting it all on the bitcoin, if you are willing to put your money for a long time then bitcoin can get you some profit, the problem with bitcoin is you can’t really know when the profit will come but it is a sure thing, it is all in the timing. |
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I do agreed that patience is the main key in long-term bitcoin outlook. And some of the investors who believe in this matter, they became impatience of waiting into bitcoin price high at the right time, so the result even they know its their bitcoin savings they used it for some spending unreasonable things. Just like what happen before to those who bought bitcoin at the time it was 200$ and then they hold it for a couple of years look what happen now bitcoin was 1000$ they already have a profit.
I think right now long term saving does not really work anymore, I mean people who started using bitcoin early and had the chance to collect a lot of it when it was at low price were able to make huge profit from saving it till now because there was no much people trying to do the same back then, and know everybody knows about it and also thinks the same thing but as we see the price is constantly going up and down so the best thing is to do short term investments. |
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My humble opinion is that you could make more by trading bitcoin for other alt coins than holding bitcoin for long term. But you will have to get your timing right or else you could lose your bitcoin. For example, if you had bought ETH at a month or two with bitcoin and hold the ETH till now, then you would be sitting with a x2 to x4 times profit.
If you purely look at the gains, then holding Bitcoin won't gain you anything (as in seeing the number of coins you have grow). If you prefer to put your coins to work, then trading is the best possible option. I personally stick to BTC vs fiat pairs, but if you so wish, altcoins can gain you a decent profit as well. But the thing is, trading isn't an easy thing that everyone can jump into and start making profits right away. It requires market understanding if you stick to fiat trading, and a decent bit of luck if you're trading altcoins. I totally agree, and you have a point but the bitcoin right now is measured by how much it is worth it in dollars not with how much you have coins, and we are here talking about making money not growing btc that is a complete different subject, so saving bitcoin for a long time may eventually get profit but only in fiat. |
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If you understand what the risks of trading are, then you'll also realize that profits aren't guaranteed. It will require skills and experience that may cost you years to build up. And even then you aren't guaranteed any profits. What you are saying has more to do with a yolo trading style. And this trading style isn't any different from ordinary gambling.
That's the reason most of the time why some of the other business minded person are always getting to failed because of their such emotional feeling which it they can't control were in the end if they neglect due to fear no wonder if they will face losing of money. Emotions will come into play when we are not good with our activity. When we are very much confident about what we are doing, we can be cool minded and profit making will be guaranteed. Fear of loss in trading is most common for any trader but traders will get rid of this by experience and by having strong technical analysis. With failure in emotion control, no one could make profits anywhere because out of emotion failure they will change their plans frequently and finally will collapse everything. |
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yes this is a good time to buy Bitcoins, because there is an opportunity not horrifically waste anymore and buy Bitcoin with selling altcoins you've made money.
Yes, we do see bitcoin prices are in trading range bound, usually it will break on upper side. Buying right away seems a very good decisions and I never bother about holding altcoins for longer haul. Holding bitcoins or adding more bitcoins to your hoarding will never disappoint anyone. Opportunity based on bitcoin will remain available to us all the times at least for next 2 centuries so NO wonder about the opportunity which is available right now. |
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Till date I have lost around 1 btc in trading as I invested in a shit coin without doing any research and I thought price will go 10x or may be higher in coming days but it completely disappeared in few hours so now I invest only after doing good research.
That is the same scenario that happened to me when i was just getting started in trading especially on altcoins. When i was a newbie in trading it is just a terrible experience to me since i don't have a mentor or a person that teach me the right things so i have to explore it on my own. I buy at least 0.5 bitcoin and i put it all in one altcoin and same as you, i don't do research and because of the low price i think it will pump but it doesn't pump and it continue to dump and it was late when i found out that it was a scam and the people who are unloading are the people who are pioneer investors and just at least recovering some of their investment. It is actually really hard to specifically say how much you earned and lost from trading, because trading is unpredictable and the fact that we don’t when the prices are going to change so we can make the wrong decision and we lose a lot. But, for the most part people tend to lose a lot at the beginning because they have no experience and they need to get used to it, so take your time and start low. |
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...
I'm beginning to think along the lines that crypto in general is an excellent investment and that the key task at hand is not so much to try and pick the best, rather the priority should be to first isolate and identify the fakes, then the unsound and insecure, and only then start ranking the serious contenders.
Opinions?
Very well said! I would add to your statement just - a drop of reasonable money management and - a bit of common sense and there are opportunities almost daily now to grow your investment in whole crypto in general. I personally would say that the best opportunities to make money and I mean real money with no risk are the ones that you earn them from hard work not just from putting money and waiting for the price to go up, look for what people are asking for like jobs and find out what skill does it require and take the time to learn it and then you can start offering it for bitcoin and them more skills you have the more money you earn. |
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They are just another hopeless try to change people’s mind about bitcoin, I have noticed recently that every time that the bitcoin faces a problem or the price falls down a bit, the forum starts exploding with posts about altcoins, and the best altcoin to invest in, people think that bitcoin is easily defeated and ignore the fact that it has a large community behind its back.
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I've discovered Bitcoin few days ago, but I am skeptical about few things, why would I invest money in Bitcoins at the end of the day,why would I convert money into Bitcoins?
If I want to buy stocks or invest money I can easily invest with real $. Why would I convert my $ to bitcoins?
If I want to gamble , I can simply gamble on websites that require $ as currency, why would I convert it to bitcoins?
What's the difference between Bitcoins and dolars? What does bitcoin bring to the table that real $ don't, less taxes, more income?
Literally, bitcoin is a virtual currency which commonly used for now in digital payments so far like in online payment such as shopping online, travel tours just like usd, euro, and yen. While real money can be useful in public business, private, but not in online payment. That is not true, bitcoin is actually a way of investment rather than a way to pay for online shops, it is exactly like gold, it is used for making profit, when it was created it was meant to be a new revolutionary way to pay for online shopping, but with the developers limiting its supply to 21 millionbtc people started saving which made its value getting higher, and that changed its idea from online payment method to and online investment. |
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Bitcoin will die only if the price of bitcoin falls to zero level but I don't think that is ever going to happen as price will keep on going higher and higher in future as and we will see more people start adopting bitcoins in near future;
Even if Bitcoin was $0.00 the transactions of the coins would remain active. When or if Bitcoin reaches that price then people would have the choice to either pay for things with Bitcoin decimals or using another barter product. For the price reaching $0.00 another type of payment would get released by a higher class individual/individuals and digital transactions would get used a bunch more than it is right now. Bitcoin would die if the whole system just stopped functioning (Blockchain doesn't have any new confirmations, the wallets won't sync, etc). Even what you are saying might be true, but with the price of the bitcoin reaching a low value the number of people using it will keep on decreasing and although a few people will keep using it that want be enough to keep it alive because it needs more than just normal people to use it but also investors and places where it can be spent on. Otherwise those same people still believing in it will eventually stop using it too it will be just a waste of their time and effort, and personally I don’t see that happening at all. |
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I like how chronobank has been doing marketing so heavily during the ICO era and it started to slow down recently, and we can see some people complaining here as well about their payments being behind and so forth. I guess all the marketing effort done by chronobank was for their ICO not for the coin itself. Big, Huge red alarms.
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Do you have an affiliate program so others can help you sell your software?
Yes! Existing customers get $25 for any new customers they bring us! Do you have to be an existing customer to be able to resell this? I was thinking more like mellow ads and banner ads in order to get some attention here with my username in order to get some affiliate income, at least to try it some and see if it works but if I have to buy the product to affiliate it than I am not sure how profitable that would be. |
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what happened to mercatox? i tried depositing 100mrai only to test it out. it went through and then i sold some dust then next thing i know the site is frozen you cant do anything while logged on. is mercatox really a legit exchanger?
some couple of minute,i try to open mercatox,and its offline..i dont know why,but now its normal again,so far i didnt deposite any coins,still get some good refrence from people here,keep watching.. I suspect maybe there was a maintanence or maybe a reset. I see it perfectly fine right now. I wanted to also ask (sorry for my ignorance) what is the difference between 64 bit version of Windows wallet and 32 bit version? I am using 64 but I just randomly selected it, I don’t know the difference to be quite honest with you guys. |
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The first way that you do is not easy to believe what other people say. if you want to try, look at the person's history. if it has a reputation of trust then chances are it is true. everything you can do with a good track record.
But past record alone will not help to prevent getting scammed. Because there are a lot of incidents that some trusted people turned scammers overnight. Engaging escrow and dealing in multiple times by dividing the total amount into small parts are few of practical way to safeguard ourselves from not getting scammed. I always do prefer to go for currency exchange with only small amount even in the case of going through escrow. That amount is affordable to lose in worst case. |
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In just commonsense thing its really impossible to get big winnings or profits out of small quantity of capital or bets its either on gambling or trading.
Not in all the cases. But not just with strategy, but out of being extreme lucky, one gambler/trader may get chances to make those profits even with small capital. There were many stories people bought bitcoins for $10 in 2010 and forgot and open their wallet by end of 2013 and found themselves as millionaire overnight. When we do trading we do really need big capital to trade altcoins and if that coin pumps 1000% then its possible but we know it wont happen normally.
I'm not sure about the definition of your big capital, but around 1 bitcoin is more than enough capital for making one bitcoin profits in a week. Still we need thousand weeks for achieving that target. Capital of 10 bitcoins, may do it in 100 weeks itself. But 10 bitcoins as capital is seeming so risky for me. |
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