Try to invest in casino bankroll is one method. Become an affiliate and spread your referral link throughout the internet and hope to get enough signups who will be high rollers. Otherwise since you can beat the House why not join the House?? Build your own casino.
Yes nice idea but it will need much time and capital for build our casino. It is bad for people who has low capital and it will need much time for return of investment. yeah it would require a lot of efforts and time to be honest and even with it i dont think that you would be guaranteed to win a lot The moment you think that you have the guarantee to win in gambling, you are already losing the game. Gambling is a game of luck and when you are not lucky, then you will definitely lose all of your bankroll if you are careless.. However, if you play like a pro gamblers, then you will mitigate risks and you increase your chances to becoming lucky. |
|
|
|
to me bitcoin is a safe investment therefore i put about 70% of my assets in bitcoin, i regularly investing my income as every month i invest all my salary in bitcoin, i bought 4 bitcoins every months from my salary, i know that bitcon still trading in a very very low price and it will not stay here for a long time. its price will sky rocket very soon, and then no one will be in position buy bitcoin, i am hopeful that bitcoin will take break above 1000 USD. and it is expected that at the end of this month or just in the start of next month bitcoin will cross its all time high price, so i can suggest to that if a person is interested to invest in bitcoin they should not waste time and do investment in bitcoin, hope that bitcoin will not disappoint you.
Wow, I can really sense the investor spirit in you Cresciuanto. I know you will be holding bitcoins in long period of time and still regularly buying in every single month and when it hits the thousand mark price, you are in for a big treat my friend!  You will surely reap the fruit of your investment. Imagine, you are investing 70% and only live withing 30 of your salary that is a big move and worth enjoying the profit in due time. Good job! |
|
|
|
yeah people buying bitcoin in big amount nowadays i think they sure that bitcoin will rise too much faster in coming few weeks and i think that bitcoin will be really going to up its price to higher .
Yeah I'm glad I took in months before. I should have bought more of course but.... Well that's always what you tell yourself afterwards ^^ It is never too late to buy bitcoin these days. It still have a big potential to to rise its price in few years or decades from now. Also, when you buy it on a high price, then you can get even or profit more by strategically trading bitcoins. These way, it is as if you are buying bitcoins at a very lower price when you have several successful trades. |
|
|
|
If i have 10 BTC in my wallet, i will going to invest it on a trusted investor but not all of it, just for me to make it bigger and when the time comes that the pric of bitcoin will grow, then i can have an big amount of earnings too. i can also trade . it is the matter of getting any chance to earn more btc and not losing anything.
Thats great if you're going to invest it all at once be careful because some of website are scammy where they attract all their investors to invest more than they can get , then afterwards the website will ruin everything it much more safer if you do trading as well  It is not ideal and wise to put all your bitcoins in only one investment vehicle. Because when that investment vehicle will going down (which happens even to big investment firms and companies to invest to), then you will have all of your bitcoins gone with the wind. It is always good practice to diversify so that you will mitigate the risks and get profit at the end of the day. |
|
|
|
I think that people hate bitcoin because it takes so long to get a lot of bitcoin and that it is time consuming
It always depend on people on how they are going to get bitcoins because some of us people want to spoon feed them , why people hard to work for their selves ?? . And for additional people who don't know about bitcoin will probably the one who hate it , and for those investors who already got scammed by scammy website where they're invest all their money. Just like in any fiat money, accumulating bitcoins depends on you. If you work hard and do some jobs with bitcoin payments, then you will get many bitcoins easily and when you are good at trading, you can get some good profit with trading bitcoins. However, if you just wait and do nothing to get bitcoins or you just get bitcoins in some faucet sites, then it will really be hard to get bitcoins these ways. |
|
|
|
I am learning about this currency,first i have to learn ,how to mine coins. Being a learning curve i guess it takes some time to learn these new stuffs. Right now i have many doubts than answers. how do we invest. Do we have a bank ?
Hi SaShiRaJaVu, Welcome to the world of bitcoins and as you will go along, you will find out that it is not really that hard to have bitcoins and using them. First thing is you need to have a bitcoin wallet where you store your bitcoins and also use to receive bitcoins. It is like your ordinary fiat bank. Knowing these won't take long and before you knew it, you are already trading and using bitcoins all the time. |
|
|
|
It depends on you, if you like earn money or spend money. If you like to spend then probably that would be gambling as the more you spend the more you will get the best entertainment but if you like to make money investment is always the answer.
Exactly. I personally prefer it to be both, although with different allocations. Around 70% on investments and 30% gambling. That way, the chances are varying and it may possibly be a higher chance to gain profit. though investing is a way better method of earning money if you dont actually invest into ponzi schemes Yeah, investing in ponzi schemes are always risky the owner of that ponzi site will definitely run away whenever he feel that he is going to lose anymore or if he feel that he has now earned that amount which he wanted to earn. I myself do not want to invest in any scheme, I always prefer to start trade or any personal business as in there you will be your own boss and will not have the risk to lose. An investors with a good mind will never invest in ponzi scheme because we know they are scam. Only newbies falls for there too good to be true promises, it is better to invest in gambling or gamble at all than putting your money in ponzi scheme. If it is too good to be true, it is not really true. Ponzi scheme are really bad and I petty people that are victimized by these sweet promises of these people that has no conscience in frauding other people. Gambling is good if you do what you are doing and so with trading. |
|
|
|
there are some banks going bankrupt so i believe there are a lot of people who lose their money though we cannot do anything about it
That might be true in some underdeveloped countries. But American and European governments provide depositor insurance for banks. If banks in those countries go bankrupt, the depositor insurance reimburses depositors up to a certain amount. In the U.S. the insurance is for up to $250,000 per depositor per bank. That means if you have accounts at 10 U.S. banks, you can be insured for up to $2.5 million. Insured U.S. bank accounts can include individual retirement accounts. Those bank accounts allow the depositor to invest in the stock market. Banks also reimburse their customers if their accounts are hacked. Bank cards protect customers who make purchases by allowing chargebacks. By comparison, bitcoin provides no insurance and no chargebacks. Many people lose their bitcoins because of problems with their wallets. The latest big loss was the Bitfinix fiasco. Bitcoin losses happen regularly. In American and European countries, people don't lose money in their bank accounts. It's delusional to think risky bitcoin will replace banks. The extreme majority of people aren't that naive to trust bitcoin instead of banks. The conclusion will be banks have already establoshed their trust on their customers. The fact that they havr been there for a lot of years makes it impossible to wreck it. They took well of their accounts and gave some features that will let them see that they can really trust them. Just like those insurances. It would be impossible though that we can only have bitcoins use in all of our investment and commercial transactions. Thus, bank will still be needed and is seems impossible to stop its services because of bitcoins. Bitcoins and banks can go hand in hand though. |
|
|
|
we can't use signature campaign as our focus, because we don't know when the campaign will be close, i think having real bussines is better than we focus at 'side job' like signature campaign.
Having a real business is always important because signature campaign cannot earn you enough to survive so it would always be a side income, but until they are running someone should keep earning through them as well. Earning from signature campaign should be treated as an additional income and that's not enough to survive you need to find multiple ways to earn more bitcoins. Depends on your country. You can easily earn 1btc from multiple signature campaigns. Lots of countries in the world have a monthly wage lower than 200$ on average. That's true, usually those people who are receiving that rate are those who have not finish their studies and working a very difficult job where they need to exert more effort job to do a very physical job. Meanwhile, 1 BTC for me is very hard to achieve doing some signature campaign because the pay is not really that big. That is right. You can get 1 btc with signature campaign but it would take very long though. Thus, if we depend our daily living and family needs with signature campaign, then it is not wise doing so. It would be good to have some other source of income along with signature campaign that way, you will get some big profits every end of the week or month. |
|
|
|
I don't gamble mostly, and when i gamble i make it for fun not more than this, so i can't be rich from gambling, and i think it is really hard to become rich with gambling
If you are just playing or gambling for fun, then the chances of becoming rich is low unless you got very lucky and hit the jackpot. However, if you teach yourself and play like a pro gamblers, you will have a potential to get rich in gambling provided however that you have a big bankroll, many sessions, and have a pre-planned betting system. |
|
|
|
the halving priced in before the actual halving event thats why the price doubled during the past months, there was no other reason for it to grow
It was just a related scene but the real factors why price increase after halving is due to different reasons but not halving as the main one. It was just think of the others since they are expecting a price increase speculation during the halving days so somehow others ride the train. I do not think that you want to reverse the action with respect to the bitcoin. The fact that everyone expects price growth, and even those who do not have even a bitcoin. I think regardless of whether they buy or not when the price falls. and sell when prices are high. everyone will expect something that will be beneficial to them. I think that's what many people do. they will expect a high price when they have a lot of bitcoin in their wallets? Well some invested in it for that reason only. Buy and sell until it grows where you can live with it or have a retirement just doing that. That is an easy task but also risky. If it all fell down then therr will be nothing left, it takes real courage to do it. The safest thing to do then is to allocate a certain percentage of your coins to invest like forever while other percentage of your coins invest in a short period of time like selling high and buying low. You can also allocate a portion of your coins for entertainment like gambling and when you are doing fine with gambling, you will be having fun and at the same time good profits (WARNING: Gambling is very risky, play in moderation and deposit coins that you can afford to lose) |
|
|
|
Gambling make us cry when we have big loses with it, even if we respect the gambling rules and accept that lose is possible, but when it happen it is really hard
eventhough we already prepare our heart and our mental to accept the lost but sometimes it just so hard and you become frustrated, especially if we are losing in big amount or losing in streak with 50 % chance That is correct. Especially when you thought that your strategy is bust proof and you have been doing it for awhile and always keeps on winning and when you try to increase your bet amount, you will bust at the end of your last attempt. It is very frustrating that way. But what we should do when that time comes is to just do deep breathing. Go out and do something outside. Then be back with renewed feeling and start your next session. |
|
|
|
the best gambling strategy for me is bet only on teams/rosters you follow or know about..that holds true in sports betting..and also, try betting on safe bets..(eg. low odd bets but can guarantee profit)..just do a steady build up on the profit/loss margin and you'd be fine..only take a high risk or a medium risk bet if you are confident that the team you are betting on will thump the other team..but then again, its still a numbers game..lol  What you mentioned is very true in sports betting but still, we need some luck to win the bet, and there are no guarantee profits in gambling. Even though you're very sure about the team winning but always learn to bet small amounts on each game to avoid bigger losses due some unknown reasons. Usually winning team odds are reasonable less and if we lose that bet than we need to win next few more games to recover our loses so bet carefully. When doing sports betting, also consider some manipulations like game fixing. We can't avoid that and there comes really a time where we encounter this. At the end f the game, we just ask ourselves how did it happen? how the team you are betting on lose the game? Well, I am testing out my sports betting by observing the odds. When I see some big gaps on the odd to teams you think have only lesser odds with another, then I'll try to bet on the seems losing team. Although, I have not done it yet because I don't see now some significant odd gaps but I have encountered it few weeks ago but still betting on the supposed high potential to win team and then lose that game. |
|
|
|
Just trust yourself. The result still about your luck.
Yeah I agree with you you must trust yourself for having your own strategy. Every gamblers has their own rituals before they are going to gamble. And if you believe that it is the best way to attract luck to be with you as you gamble and that is going to be your strategy at all. Still luck is going to predict your winnings. I agree with this, everything in gambling is about luck. The center and goal of creating strategies is to increase the chances of us getting lucky. This is done by proper bankroll management, creating sessions, and pre-planned betting. Of course, there is really no sure win strategies but at least you get more chances of winning than by just doing the random betting. |
|
|
|
if you are talking about day trading on exchanges then here is some techniques
1. dont put all your funds on one order line. have your funds and think of them as 5-10 separate amounts. when you see a good price put one amount at the price, then the others scattered at different prices that will work out as profitable.
EG
if you have $590 dollars put $59 at the current price to buy and then the rest at lower buy prices with a $6-$12 gap (1%-2%)
Price:$586 order:$59(2% gap example)
Price:$574 order:$59(2% gap example)
Price:$562 order:$59(2% gap example)
when you have the 0.1btc put that 0.098btc at a sell price of 1-2% above the price you bought it at to get you the same $ back to do it again, while keeping the profit as btc..
Price:$598 order:0.098btc(2% profit example)
Price:$586 order:$0
Price:$574 order:$59 recieve: 0.102(2% gap example)
Price:$562 order:$59 recieve: 0.104(2% gap example)
if the price didnt go up. just leave that 0.098btc at the 1-2% above the buy price and concentrate on the other buy orders
if the price goes down then it will just take another $59(at $574) and turn it into 0.102 and put those amounts into a sell order at a profitable price
Price:$598 order:0.098btc receive $586(2%example)(this order would be 0.1 but put 0.98 order and keep the 0.002 as bitcoin)
Price:$586 order:0.098tc receive $574(2%example)(this order would be 0.102 but put 0.98 order and keep the 0.004 as bitcoin)
Price:$574 order:$0
Price:$562 order:$59
2. emphasis: do not throw everything in one order.. have bits of funds split up to allow you to play the drops and rises, never use the gamble mindset of "all-in on red"
3. when you bought some btc. dont let greed control you with a sell order at 10% above the buy price unless you have a few buy orders that have filled to spread the orders at profitable 1%-2% amounts to reach 10%
this is because if you put in the whole $590 to get 1 BTC and hoping to sell at $650 to get 10%, the price could stay at a $570-$600 area for 6 months and you would be sat twiddling your thumps doing nothing but waiting, crying that your funds are doing nothing for months.
playing with small amounts with just 1%-2% spread.. you can rinse and repeat the buys and sells a few times a day/week and when counting it all up after a few months. it will be more then 10% profitable
its much more achievable to get lots of little 1%'s often than to throw in a large amount and hoping it goes your way for larger sell price..
id rather take 10x 1% profit over a few weeks compared to 10% profit in maybe 6month
4. the reason i am using just 1btc/$590 as an example is because playing with amounts of $59 per order is a safer risk to play around and learn with until your confident, rather than throwing in mortgage amounts on single orders. so have a little play with small amounts until confident. and then invest however much you want to invest
5. emphasis however much you want to invest, split it into 5-10 amounts, again dont be silly throwing it all into one order
6. that said. dont put all of your funds into an exchange. only put in an amount you feel you can happily play with during the day. dont throw in an amount that is then locked for months. because day trading works best if you can withdraw funds being in profit short term. thus not risking a exchange hack/liquidation.
7. at each 'rinse and repeat' keep the proft to one side.
EG the 0.102 you got at $574. keep the 0.004 as bitcoin. sell 0.098 at $586 to get you enough to buy 0.1 again at $574 again, rinse and repeat
Price:$598 order:0.098btc receive $586(2%example)(this order would be 0.1 but put 0.98 order and keep the 0.002 as bitcoin)
Price:$586 order:0.098tc receive $574(2%example)(this order would be 0.102 but put 0.98 order and keep the 0.004 as bitcoin)
Price:$574 order:$0
Price:$562 order:$59
the aim is if you in the example eventually want more BTC. when you sell back to dollars you want to only be selling just enough btc to have an amount to buy the same thing over again(0.1btc per rinse).
some people would and could sell the 0.102 at $586 back to then have a buy order of 0.104 at $574 using the extra dollars profit.. but if you already have lots of dollars(due to other orders not hitting its best to start hoarding the profits as bitcoin)
8. as the bitcoin price moves you will start to gain a lump of dollar and a lump of bitcoin.. eventually having a somewhat equal amount of both to sell bitcoin on a high and buy bitcoin on a low. to keep orders active and profitable
9. now all that is said. no one can predict future prices and no one can guarantee predictable profits over predictable timelines. yes you can miss a good oppertunity if the price constantly moves in just one direction. so be careful and only risk what your confident to play with.
my tips are just how to help reduce risks of missing out on some oppertunities and keep orders active. but in no way is there ever going to be a fool proof method of guaranteeing profits
Wow, superb! I love this strategy and it fits my risk tolerance. I am not greedy and I tried to keep reminding myself to not to when I am in the situation of earning especially in gambling. Now, I have just made my first trade yesterday and I am doing it again today. The reason I trade yesterday was I was exchanging bitcoin to certain crypto currency to deposit and play in one of the online gambling sites. But yes, with that first trade (I was having exchanges with doge but no big profit at all) I finally fall in love with trading. So much more now that I have just read the post of Franky1. I have some low bankroll and I will try to execute the strategy of dividing into 10 and do the 1%-2% profit strategy of Franky1. Again, thank you so much and you made complicated trading seems easy and cool to me and I believe to others as well |
|
|
|
not really, i'm not doing that. investing on bitcoin means you must ready for all the risk that you'll face in the future.
if i can calculation, i invest on bitcoin for 10% of my money. and do trading fiat on some broker like agea and instaforex.
of course yess you must ready for each condition, you must ready to lost your money. but you must ready to get biggest profit too  look at the fact, bitcoin comunity stronger each month, the exchanger rising each year, the hashrate rising each year, so i think the bitcoin price must be rising too. That is right! bitcoin has a lot of potential because there are people that use it, investors love it, support it, and the list just goes on and on. That are among the many reasons why bitcoin will continue soaring to high price in the next years. I love bitcoin and I make daily bitcoin transactions for my exchange and gambling with bitcoins. |
|
|
|
I hate it when i bet a small amount and win then switch to larger amounts and go on a losing streak  i now have gone to flat betting and it seems to work pretty good. I just bet $50 a game on every game no matter what and try and hit 55% and its working better for me because i would go 3-1 but the 1 loss would be for 100-200 and i would break even or lose money going 3-1 Most of the pro gamblers advice that the longer you play the higher chance you can earn your profit. So i think you should start a bet which satisfies your ego. After put a limitations on your highest bet after wining that one go back to your base bet. Pro gamblers are building sessions in order to play in a more longer period of time. That is one of the things that pro gamblers do, build sessions. The pro gambler also have pre-planned bettings so that he will not get stressed out by guessing what to bet, he controls himself, he has good bankroll management, and the like - that what makes a person a pro gambler. |
|
|
|
I use bitcoin for both. I invest to make trades and I also purchase various necessities of life using bitcoin.
bitcoin is so easy and practical to use.
Bitcoin is a currency and should be used like an currency for its better future, but most of the users hesitate in spending it and prefer to simply to hold by keeping their coins idle in their wallet. holding it and treat it as an investment due to the coin fluctuation from the price. i both use it in the same way placing some for investment and some for paying my bills online. Yup it should be used for the both purposes, bitcoin is best as an investment for future as it can give us best profits and it should also be used as an currency for circulation purpose. I think if it is used for the purpose of currency is not appropriate, because bitcoin prices fluctuate all the time so it is not appropriate to make the currency and will lead to a loss if the price suddenly drops. But it is very appropriate if used for short-term investments and can benefit greatly. The very reason why it is called a currency is because from the word current - meaning it always move. So when we are holding a bitcoin, we are holding a crypto currency in our hands. Now it is the time for us to use it whether as same like a fiat money to buy things and stuff or to invest it in trading. |
|
|
|
Well out o 1-5 .5 being the best .Im on number 1 I really don't where I spend my money. It just like one minute it's the and the other minute it's gone. I really tried to save but my tummy didn't allow me to do so. So here I am figuring things and setting plan on how will I able to manage it.
You know what? What you are doing is just right, you don't need to save if you will sacrifice your health just to save. Our heath is the most important to be maintain so we can constantly earn money, why would you sacrifice your hunger if you have the money to buy a food, good eat and only save when you have a excess amount of money. Agree. Health is wealth. When we are healthy, we can do things effectively that can earn us money. If we are not healthy and are malnourish because of denying ourselves for healthy foods in exchange of saving and accumulation much money, then we defeat the very real purpose of why we are working in the first place. |
|
|
|
I always buy bitcoin when i don't have many bitcoins left in my wallet, because i always use bitcoin everyday for gambling and trading and i bitcoins when i don't have bitcoins for gambling.
I think you are neither a good trader nor a good gambler, if you would be good in both of them then you actually don't need to buy bitcoins as trading and gambling can grow your coins if you are good in it. hopefully what he meant was to buy bitcoins when the price is going down and sell it when the price is going down. Also, hopefully, he buys bitcoins for gambling and never touches his trading bankroll. if none of my hopes are true, then yes, he/she might be not a good gambler and also not a good trader. |
|
|
|
|
Show Posts
