Hello. I feel that trading cryptocurrencies properly and transparently is one of the good ways to ensure that cryptocurrencies are safe. Please regularly check your cryptocurrency information offline. good luck.
That’s right we should keep our eyes on the market and on our coin all the time so we will remain safe though. We can use trading to increase our number of the coin if we will trade and store coins for long so it will give us a profit and ways to get more coins. You should use only safe sites to get bitcoins as it’s important to remain careful about scamming projects with fake promises. |
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I think that the most important thing for a trader is the skill of trading, not the plan. However, the plan is also very important. When I was in trade, I lost a lot when I did not have a plan.
Yes, a trader must be well trained and he must know how to gain money. Trading skills is not that easy or that difficult so before starting a trader must know the rules. It’s much better to know the market condition and they should buy at a low price than trade for the long term and keep holding as much as possible. |
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My experience is similar to your experience, I recently joined sports betting, I created a sportsbet.io account (sportsbet.io has been a good site and I like it), I studied sports betting a bit and got some early wins. (I always bet with small amounts of money to practice), but then I started having a big losing streak that made me angry and made me think I should bet higher amounts to to recover my losses The mentality of trying to recover the loss by gambling further is the biggest mistake you can make and you might have the confidence that you will recover what ever you lost but you will only understand by loosing further to make these decisions, never try to recover your losses, have a budget to bet and if that budget is over then take a break and come back later. I decide to stop for a while and withdraw my funds. I decided to stop to study more and come back with my mind more focused and full of knowledge
Only wage in a sport that you are interested and watch the matches you watch and not wage a bet without that knowledge. Betting your money in gambling without knowledge is the worst thing ever people should only bet if they have knowledge. If you lose once then never think that you can win at the same time again just wait and relax to again get the gambling. Choose a good game along with a limited amount don’t be greedy to win with all your income. |
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Just curious here.
I know there are tons of way to live.
but is there such a thing as professional gamblers?
people who make a living onlyout of gambling (online or on rl)?
resources and comments on that are really welcome.
There is no such thing as professional gamblers since people have different luck and gamblers who played for a long period of time doesn't have much difference to a person who just started to gamble. Gambling is pure luck, skills are just the guide in order to execute the bets properly but it doesn't always work specially to the house edge. Even though your skills in placing bets develops, you can still lose just like beginners. Surely luck matters in gambling as I know to become a good gambler you must have good luck that can make you win but to become a professional gambler only luck cannot make you win but you must have skills and you must have plenty of knowledge to win with the tricks and also you should have experience and guts to face risk of gambling. |
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Controlling your emotions while trading is most important thing which a trader cannot ignore if he want to survive in the market making profits.If trader gets panic in dump situation he will suffer loss or maybe he get away from market so he need to stay calm even in worst situations and hodl their coins to get high returns when price surge and bull run hit the market.
Panicking should even be the least that people should do when it comes to cryptocurrency trading or investment because bitcoin is not like Forex that when the market is going that, it could go so low and cut off the trading capital which may make the trader to lose his trade. If bitcoin rice goes down, as long as the trader dos not panic sell, no trader has still lost, because when the price makes a recovery, they can still regain their capital back except for people that are trading on leverage which I don’t usually support. If we are not leveraging and we don’t panic sell, our trade will always work itself out provided we have some level of patience because some price recovery could really take time to recover the trader's money back. Once we wanted or we are currently doing trading, we must be very careful and aware that our emotion or our self is our biggest enemy. If this day, we are in a bad mood as something happened at work, or at home, then let's relax our mind first, let's clear things, we must not do trading at the moment, let's make time to recover our mood first. Once we are fine, then we can go on with it again. Yes, self control is our biggest success as a trader as when I was new so at every price change so Many things started to come in my mind, these kind of thoughts can be positive and negative so in this time we should only stay stable and hold our coins to let things normal instead of taking stress and making wrong decision and also important not to let your other affairs spoil your trading earning. |
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To be a successful trader it require time, knowledge about trading patient and your money management policy. If you can follow the above mentioned point I don't see anything that will not make you a successful crypto currency trader now and in future.
Your suggestions will not helpful for all the traders, because basically once market moving backward most of the investors are move to stablecoins. So your suggestions will helpful for long term investors and they always choose the most trustable platform so they don't care about any situation. I think it’s applicable for day traders too as they also need to have the knowledge, good market information, and money management. A trader must be patient by nature that in case of any rise and fall he will not lose hope to panic and suffer loss as we know bitcoin is the most volatile coin and it changes the price too fast, so buy bitcoin and trade for long term as much as you can. |
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going through lending platforms should be considered only if you're at least knowledgable or experienced already in trading. I don't recommend borrowing if you're still trying to get a feel of the market. Stick to trading with small amounts you can spare since that would be the time where you'd mostly encounter consistent losses but helpful experiences.
Borrowing is never to be encouraged except maybe the trader is extremely sure that he is a professional trader because when you borrow to trade in a market that has lots of volatility and uncertainties, once could lose all the money and there is also probability of having lost of profit, but the risk in borrowing is too much to take, so I believe your advice is still the best to be taken by those people. It is better we save little money and then start to use it to trade until it becomes a parcel of us and we have mastered everything to give little chance to failure, if we start with little and we are diligent with our trade, I believe that we will be able to gradually build the value up gradually till it becomes high. I strongly agree with you mate, it is not good to borrow from other people when you are trading surely you are risking your money so it’s much better to risk your own money than of other people so in case of losing it will not be double lost. The other thing according to me a trader loses money because of panic selling so better not to trade for the day if you are not an expert trader just go for the long term but never sell for panic selling. |
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The value of bitcoin might go down a little and maybe between 7.5k - 8 and that is really a good deal and take advantage of the dip. We might not see this price again of the vakue of bitcoin breakouts to 10k and there is a speculation that it might hit 16k above by this month.
It is really hard to predict and analyse the future chwrt of bitcoin but one thing i know is to invest and this is really a good opportunity while its last. And i don't listen to fuds since they are just making people to panic to sell or buy to manipulate the market.
It's really hard to predict that is why it is better to be safe always, just hold or invest what we can afford to lose so it won't hurt that much if we did not meet our expectation. Bitcoin is always unpredictable and we are already aware of that, if for some people it is their advantage in making a lot of money, so we should do it as well, we should do short term if possible. Indeed. The market is volatile that no one could really predict when will the market would increased and decreased. I also think that you should be strong with your emotions while holding your coins because if the market goes down, you should avoid getting affected to it that you wouldn't go panic selling or you will have losses. As we all better know that bitcoin is so volatile and it can give you so many opportunities to use for buying bitcoins. The price of bitcoin is so good now a day as the price is low so that you can buy and hold so after a few months it will be high. The volatile nature of crypto is for a long time so it’s about you either you wanted to take advantage of it or lose your money for being impatient. |
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It's not just the ICO where they could invest their money, investors still invest their money on cryptocurrency but maybe not in ICOs anymore because of too many scam projects and not that good projects, so they changed their course and invest their money instead on successful projects that's already in exchanges and running stable after it finished their own ICOs. A lot of investors lost their money on past scam ICOs but that doesn't mean they will stop, there is so many ways where to invest in cryptocurrency.
In the crypto market, some coins and projects lose and gain value daily based so we should invest in these coins but only when you are sure about the worth of the projects. Daily earning is risky as only expert investors can win from it. There is a number of projects that find trustworthy and hold it until the price recovers, good investors buy at dumping sessions. |
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Bet on the team or players which you know are the best and chances of winning against the opponent is much higher . Though the odds would be low but you will still make some profits and be contained with the profits you make it .
Yes, there are so many teams that’s why it’s not possible for us to get information about every game so it’s good to bet on few but before betting just for research and do a lot of research about the previous winning of that team. Choose the game you find interested in so it helps in research and watching it will be enjoyable for you then you can bet with confidence. |
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If your first purpose was to have fun, then stick to it. It's only a bonus if you win money. But if you loses continuously, then stop already. It's to prevent yourself from losing more. The thing is when you keep on losing, you tend to get irritated and it affects your emotion. So the best thing here is to stop. Stop gambling for a while and let yourself to cool down to avoid losing more
The best thing that you should have is the ability to stop. Each time you see your bankroll is suffering and you keep on losing from each bets are off that you take, call that day and quit. There's no sense of keep pushing if you lose some from your initial bankroll. There's a lots of day so better to free up some time go away and leave the house. Go back the next day and try your luck. Majorly when people lose their first thing is to play further in order to recover the lost money as many just play to win or make money from it . On other hand if someone just takes limited amount and no cards then they can just play to that amount and if they lost they will have to go back . According to me those who play with limited amount really do well because running after yours lose and to recover this lose you can lose all your money so better make plan and spend only limited amount and try to play with care and enjoyment, after finishing your limited amount just take your hands back and stop for while it will save a lot of money for you. |
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there are no secrets in gambling. it's just that on average at a gambling place, bankers are set to always win and players will often lose. if you can enjoy gambling, players can beat the banker easily and get lots of wins as well.
Yes as nobody knows what can happen at the end of the game, you Maybe playing with hope to win but you lose with your mistakes but it only happens if you take stress and in gambling you will have to remain relaxed and control your emotions as when you see yourself losing you become worried and make mistakes so just control your emotions and your greed so you will win for sure. |
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Personally I think it just shows that more and more people are using Cryptocurrencies, when someone wins the lottery, do you start looking at that person as a bad person or if the person gives you a part of the winnings, would you look at the money as dirty money? Same thing applied to Cryptocurrency betting, people are choosing to use Cryptocurrencies to do the things the are passionate about and I see nothing wrong with that, I just see progress.
Yes, I think same as you and I really love crypto no matter if it’s low or high. Crypto has given us so many benefits that we never become grateful about. I am one of those people who are having lots id patience and keen learner of crypto so my income from trading and investment is increasing day by day. Market change never changes my mind about investing in crypto. |
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I have a full-time day job which makes me so depressed every day. I just cannot handle 1 more day in my job. The way that my day job makes me feel has forced me to look for alternative investment streams. I really love investing in crypto. I am an introverted person working in a highly extroverted roll, each day I am at work I am dying under the weight of extroverted people. The noise and chaos that extroverted people spew out into the world makes introverted people highly stressed. Trading cryptocurrency is a highly introverted job and that is what I love about it, you can do it from home, without the noise of extroverted people filling your mind with their toxic rubbish. I am holding a significant amount of the altcoin called - HST decision token. They are about to announce a significant client partnership on Monday 06.17.19 If HST goes to the moon and explodes in value, then I am resigning from my day job. I pray that on Monday 17.06.19 that I can tell my boss where to shove her job. This is my escape plan from my depressing day job buy purchasing HST tokens here: https://horizonstate.com/hst/First of all you must be grateful for having a job. Many people out there are not as fortunate as you. This might be a solution for you in living your days with your work. I am also a person who invests in crypto even if only in small amounts. And also looking for sources of income from several sites that offer payment with crypto. It is indeed comfortable for me even though I don't meet people because I work in my room all day. But we also need to go out refreshing and meet other people. No matter how hard your work, it is filled with gratitude There is nothing to be grateful about a job that put up a lot of stress in yourself, your health is at risk no matter how big your salary is, it is not important. People nowadays are finding jobs and staying on their jobs because of the salary they wanted, even they are abusing by their boss, shouting at them, cursing on them, it is fine, as long as they keep their job (no thanks) Why am I saying this? Well, you can't be productive when you have a bad working environment, you'll end up adopting that environment and mostly brings it up in your home, ruining your family mood as well, it is not healthy. It is more important to have a good boss than having a good salary. Yeah when you are working in a bad environment you will not feel good as I have passed through this and it really feels stressful and you will not feel relaxed so I think our work must be safe and mentally easy. I think a person must have more than one source of earning than in case of any problem we can quit our job and work on another side so I’m this regard I think crypto investment helps allot. |
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If you were not patient enough in the crypto industry you'll definitely lose a lot. If you get yourself on the crypto industry being patient and calm will save you and your investments in the future.
It's not easy to be patient with the current situation. everyone feels bad things that will continue to grow in the present moment. So we must be careful and continue to see the movement that is happening right now. Investing and trading require not only knowledge but a lot of patience and self control too. Otherwise, you won't be able to take the right decisions at the right time. You just have to accept volatile market trends and periodic bad news about crypto. Yes, no doubt trading is relying on crypto knowledge and you will have to be skilled in trading. There are so many trading sites that we can use to gain knowledge. At the time of investing you will have to hold and wait until the market become recover fully. Waiting gives good results at the end so never get afraid of temporary fall of price and hold as much as you can without losing your patience. |
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listen to the advice of successful people, or try out consulting seminars on cryptocurrency investment. Reading and listening a lot is very useful, right?
Yeah, we can get help from successful people about earning free altcoins they must know the key to successful investments and earning free coins. I think the best way to get free coins is joining bounty and signature campaigns in which you can get bitcoins for free you only will have to spend your time and make good quality posts so you will be rewarded with free coins earning, mostly new investors apply this way of getting coins. |
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It is hard to imagine someone depending on gambling income unless he or she owns the house. Professional poker players can possibly depend on gambling income but there is high chance that most of them have other sources of income. Some professional poker players are actually employed and sponsored by rich people. In real life I don't know someone dependent on gambling income except gambling owners. .
Well, even poker is a pure game of chances. The only happening I can see is of sports betting because that's the game where you can actually get the results correctly as it is purely a game of skill. Still risky but yeah. Risk is part of every game you will have to face thus risk id you are gambling or betting but you will see the risk around you so we should try to overcome it. To use poker as a professional gambler. Dice is a good game but to bet on games I like to use cricket as its safe and easy to bet. It will take years for me to become a professional gambler but it's rest very profitable. |
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I have a friend who wins 15,000 pesos or $300 the first time keno games in an offline betting outlet, he is so happy and very ecstatic about his winnings, I congratulate him and ask him how long before he hit the jackpot, he told me that it took him 7 months and he is betting daily at 100 pesos or $3 so his losses are bigger than winnings.
But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?
If I win big , I guess I would remember my losses as the past losses only got me to where I am. They made me strategize my game, Play safe, minimize losses and always set a budget. That's a theory I like which is derived from the butterfly effect lol. So, if I win much, it means it was a reaction to what I lost in past. I wanted to recover and now I won so much. That way the greediness can be suppressed as every win will be seen as a victory and not as recovery. Lol. It's only the feeling of beating the game that makes it special. If you've lost more than you've earned, then it's not worth it. Even if you say it will make you better in strategizing your next bets, it won't matter. What's worse is if you suddenly felt confident about your next wagers, and then start going on a losing streak again. Even if you lost a big amount it's not possible to forget and there is no need to forget when keeping it in your mind can help you earn more for the next time. So better invest your small amount so that in case of loss you will not be a worry. Make a limit to your investment and spend with care so that you will not lose your money altogether. |
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I once did it to make a donation for my victory. although many people think that the money from gambling is dirty money. but I didn't care about it. because our good intentions can actually be done.
A dirty money also will become a noble thing, when it is used for needy people. I agree there are classification about any profits from gambling as sinful money or dirty money as per some people's culture and belief. That is because when someone lose some money, on the other end, some other person will be winning it. The curse of the loser may follow it as per some people's opinion. But, I believe even there is a curse that will be cleared when we think about donating some part of winning money. I believe donating gambling profits must be a emphasized to every gambler. So that, we may not get cursed by dirty money in any case which may help them to win again in their forthcoming gambling/betting rounds. Big wins often make us very happy and I often think that when I get the win I will give a partial donation.
But, the real fact is most gamblers are not able to finish off their gambling in profits so they never think about big wins so that they may go for donating. I am sure when we happy then we definitely go for sharing those happy feeling which is only possible through donations. Yes, when we are happy so we think about making others happy too but it’s only possible if we have money to share. When you earn so it’s really good to remember poor people and needy in your happiness we should donate some of our profit for those who are not having their life good and waiting for our help. |
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in my opinion bitcoin can live alone, precisely altcoin which cannot live alone, because in most cases it's almost the same that when the price of btc goes up, altcoin also goes up. so I don't think that bitcoin cannot live without altcoin.
far this altcoin is still dependent on bitcoin in my opinion. because if you look at price movements, when the bitcoin pump altcoin starts the pump too. but if in the perspective of the market, altcoin it becomes one of the choices for traders. with many altcoins that can make trading more attractive to the public not depending actually, it would be more appropriate if bitcoin influences the altcoin market. not dependency because there is altcoin that can do their pumps. but the effects of bitcoin price movements can make the altcoin market follow the move of bitcoin. but the function of altcoin is indeed very influential in trading and increasing bitcoin adoption in the market. when trading on the market increases, the value of bitcoin will get better with an altcoin exchange rate that increases. Bitcoin is the best choice it has so many benefits and we should invest our money in bitcoin it’s really reliable. In the case of investing in more than one coin, I like to buy ETH as it’s really good and having a good future almost the same as bitcoin. But sometimes I buy bitcoin only but I never felt unsafe to invest in bitcoin and buying any other coin with it is totally optional for me. |
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