in my opinion, you are too ambitious. when you are a beginner who wants to trade with crypto, and you already have a profit target every month, I think it will be difficult for you. I do not recommend for every beginner who is still in the stages of learning to put a large capital in crypto trading, moreover you only have a month to learn and trade. I think that time is too short. In my opinion, the best thing for you is to start trading with a small amount for profit without having a target to be obtained and maximize the time available to learn. if the target you want does not match what you expect, you will not regret it because you already have experience in trading. there are always risks in trading, so don't be overly ambitious in trading.
A beginner in trading is in a better position if he does not set goals for how much money he wants to make, and this is because if you do then you will be pressured to try to get those profits and will begin to make trades you do not want to do just because you want profits and that is a sure way to lose your money, if anything the goal of a beginner trader should be to not lose money or at least to not lose as much money during his first months in the profession. I think, it is important to set some goal before starting trading because without having a destination, you cannot figure the path or you can say that, the steps taken will have no direction. A person struggles for his dreams and goals. Having none will not stir spirit inside him. First a potential coin like bitcoin should be chosen and then a goal needs to be set for progressing. Strange thing if you do not have any purpose about it. in the crypto world everyone expects the same thing as the benefits of what they have done or invested. At the present moment, crypto currencies are viewed as an investment that can make people rich. This is true also. There are examples who became millionaire by investing in bitcoin when the prices were low. So anyone can make money with just holding a potential coin. However, if someone wants these assets to serve other purpose then it can be used as a medium of exchange. |
|
|
|
OP is just urging us to visit some external visit, but honestly I never believe into any other resources for gambling as this board itself more than enough for any gambler as here we are having all levels from hard core gambler to gambling aspirants and more importantly, all of them are contributing to this discussion on this board preciously.
I guess learning dicing is not a big deal as most gambling houses are giving away free money to get start with them. I guess that would be more than enough for anyone to learn for free of cost. When it is free, it means it is absolutely risk free so we may try any strategy we may prefer. Do we need any other tutorials to learn how to play dicing other than this?
Guides and tutorials are also available on sites and all over internet and its not a big science to understand.  Its very simple maybe an user with basic surfing knowledge can enter into a dice and start playing straight away with bonus if its available or from the self deposited money if he is really intent to do that. Anyone can play dice. It does not involve rocket science for sure but that is not the concern or something that really matters. Important is to not lose money while playing dice and that would be the right way to play. Now the question is, is that possible and are there any tutorials that can give us skills to play in such a way, we never lose. In my opinion, it is impossible because dice is just luck. |
|
|
|
BULL'S GROUP - always putting money into the market and does not take out often, more like long term investor.
BEAR'S GROUP - always taking money out of the market often, more like only interested in making money in a short while, i mean short term investors.
I think I can consider myself as a part of Bear's group but I am also looking forward on being in the Bull's group soon. I am not yet financially stable that's why I always keep on taking money out of the market to use it with my personal necessities. It may be seen as less beneficial compared to being a long term investor but I don't have a choice since I am also a self suffecient person. Yes that might be working for you as it's little difficult for most of us to keep a track of the market situation for short term gains as things changes over hours as we have some unpredictable fluctuations in last 72 hours and if you comfortable with short term profits then that's good and I used to do that as well but after 4 months I gave up as it's not a cup of tea for everyone. Wish you all the best. That's the storyline of the crypto world that you continue to experience until now. There is no certainty that you can leave the money you have invested in all types of coins that exist today. All have the potential to be great in every type of Altcoins. Well, I hold a bit of different opinion in this regard. Not all of the altcoins hold potential of returning huge or even rewards at all. There have been scams too in altcoins. We have only few crypto currencies that can be trusted with benefits. Bitcoin is at the top of that list and then there is ethereum which is slow but still has a huge support from community due to its perseverance and continuity. |
|
|
|
But the main purpose of bitcoin was to make lives easier for the transfer of money within and across the border without any hassle
We have nothing to argue about this--as it is the goal and intention of Bitcoin in the first place. But currently, there are many things preventing this to happen completely (I said completely because, in other regions/countries, Bitcoin is being utilized). First and foremost, adaptation--probably the biggest issue that Bitcoin has right now. Second, the speed of transaction--another major issue, if we want to utilize it frequently it should be fast, but we can't do anything about it, for now, after all, it is how it is structured. I think those two are the major issues that prevent it from happening. Now, there are other things but we could discuss it another time. real quick and without showing the account to the government,
Maybe it's intentional, 'cause you know, who wants to track your money. initially people did not believe it and then they started using it as a source of investment after it's value increased by multiple folds. Bitcoin can never be used as fiatt currency due to volatility.
Yes, even now people still don't believe in Bitcoin's potential or rather its worth. For now, volatility is an issue, later on, it won't be. For those who still think that bitcoin is not worthy of investment and that it is too volatile so cannot be trusted, all I have to say is it is ridiculous. Even after a decade, even after having people with us who are now millionaire just because they invested in it when the time was right, someone has doubts, he must go and learn the power and importance of this innovation on his own. That would be beneficial for him. |
|
|
|
indeed the rules you mentioned are some that should be important points of traders because they are new and do not have trading experience so they do not know the position of buying the right coin and selling coins at the right price, and usually beginner traders are also still easy to panic.
Not only beginners, even the experienced trader often to panic when something wrong happened in the market. Crypto market is so different with stocks, everything can be loss in one night or price dropped more than 20% So it's really hard i think for not panic because sometimes a bad news can effect the entire market Anyone who lacks understanding of his asset will do blunders regardless of his experience. There is always dear of losing when a person does not understands the potential of his asset. That fear is the major cause of such mistakes like panic selling. Even bitcoin investors fail to become rich because they never ever understood their coin but only focused on making money and did what news said. |
|
|
|
You have a lot of trading capital so don't be confused to buy bitcoin, you can buy bitcoin directly at coinbase, or at the place of exchange directly and make sure you trade at a place of exchange that has a high trading volume such as binance or others.
Op can direct to buy a bitcoin through the use of the coinbase but the his country are supported by this wallet because we know some of the country cannot buy or convert their bitcoin to the fiat. But incase they can buy bitcoin from coinbase the next destination is to Binance the trusted and highly recommended by the traders because of the high volume and lot's of coin to buy and sell and good for Op to be started there. First of all everything is possible. When Chinese can still hold bitcoin and invest in it even after its government going against bitcoin then a person whose country is apparently not protesting this much can certainly invest in bitcoin by doing some search on internet and find a way to convert his asset into some specific currency. The only thing is perseverance and a little effort. Bitcoin is for everyone. |
|
|
|
Some peoples words don't matter to some. In trading we have different strategies that works for us. These strategies don't mean to work to all. This is why it is hard to comment on other traders when they are doing great. Multiple trades daily incurs many fees but so long as these traders are gaining and piling profits then they are doing great. I saw someone that have minimum of 10 trades daily in forex and he was doing great. He may lose some but he offsets it on his next trades.
everyone has his own way of working and all individual have different skill-set. These two factors matter highly in the success of anyone. However, there are some simple rules that need to be followed by all sort of traders if they want to be successful. For instance, no one can make profits if he go against ‘Buy Low, Sell High’ strategy. In order to accomplish this, a trader must be patient and full of knowledge. The sentence you mentioned is actually a trick for novice traders who are learning. many times I see that there are indeed many who give that opinion. even though it is clearly detrimental to many people. and now it has been proven that many people are already aware that market analysis using indicators is accurate and valid when trading If it was just about indicators and some market analysis tools then all the traders would have been rich by now. You cannot use a tool when you do not possess the required level of knowledge to get benefit out of them. Nothing can replace skill-set and knowledge. Novices and experts both have same access to same weapons, then why it is that experts are far better at taking decisions? |
|
|
|
Gambling addiction is very dangerous because it can make a lot of our property taken if we cannot control it. There have been many stories that prove where someone who became poor due to gambling. and in my opinion the right thing is we must be able to refrain from being trapped in these conditions. where gambling is just a game, don't use it to get income because it's so wrong.
I also believe that gambling addiction is far worse than cigar addiction. Actually both are not good one way or the other. Cigar is injurious to health so eventually one will be spending his savings on his health recovery. Whereas gambling is a bit quick in ruining. However, both do not let the addict realize what is really happening to him. Before he gets to understand his situation, it is too late. |
|
|
|
I am a strong believer in HODL. I expected bitcoin volatility decreases as time goes by, I totally didn't expect such big price change in the past several days.
Expect everything in the crypto because every impossible here can be possible, even the price of bitcoin or other coins may goes higher than we expected and it can dump also beyond our expectations. We better just keep on holding just like what you are doing because the bitcoin right now is fluctuating so much and we don't know what would be happen on the next 24 hours so don't be surprise on the price change of the coins. You understand the nature of bitcoin and digital market well. Indeed, every impossible is a possible for crypto currencies rather bitcoin. There have been times when people held the idea that bitcoin’s a bubble but what happened next, it touched 20k. That was a big achievement and unbelievable too for majority. What bitcoin can grow to is unknown as there is no limit. One thing that I am sure about is it cannot die. |
|
|
|
don't sell your XRP to buy BTC, the market is now more towards the downtrend. will feel very loss if you sell xrp then buy btc and it turns out btc prices continue to fall. it's better to just save your xrp, if you really feel like buying btc, I would rather recommend your capital for short-term trading.
I will suggest to sell XRP and buy bitcoin, are you an XRP investor? If you are, have you get profit a few months before when the price of bitcoin went up to $13.000? I guess not, since I know most majority the price of altcoin was decreased and there were many people who griped about it. We all know, there are two types of investor who have investment here i.e long term investment and short term investment. If you believe that the XRP price will goes up again at least reach back its ATH $3.8 then you can hold it and you will face some problems, just see that the XRP is centralized coin, but if otherwise you only have one reason to buy bitcoin because you will comfortable IMHO. I will encourage your suggestion. If someone is really serious about making money with the help of digital currencies, then he should start his journey with bitcoin as it is the most beneficial crypto coin so far and has already proved its potential by introducing millionaire to the world. As a matter of fact, altcoins highly depend on bitcoin for their growth and rates. They cannot return huge profits like bitcoin either. Right, because the world of crypto has started from Bitcoin and still it is number one currency in crypto market, and its price gets increase several times more than any other coin in the market which means that Bitcoin is more profitable as compare to all, so the first preference should always be Bitcoin for investment. |
|
|
|
Would you sell your entire crypto right now with 500 percent profit?
Just go to coinmarketcap and see the chart history of several altcoins in the past 1 year! I am sure you will not hold it any longer, because we are sure the price will drop back to the beginning or deeper than before. So for me, instead of holding it for longer, it's better to look for other potential coins. If the coin you are holding is not among the popular coins of the crypto market and has very bad history of dumps, then of course it would be great to get rid of it as soon as possible. But if the coin you are holding onto is bitcoin, then there is no way to get it out of wallet right now and selling it off. Soon the coin is going to pump hard. |
|
|
|
Borrowing with bitcoin or altcoin is not recommended. because the agreement must be complicated. when the return is in accordance with the price of bitcoin or the value of bitcoin and does not care about the price of any bitcoin. better if you lend or make loans using dollars or currencies that are not volatile like bitcoin. very risky in my opinion
What? Its good if you are planning to hold any of those coins, Did you visit the lending section there were lenders who made profit if they know what they are doing. Lending out coins is a good way to increase your holdings if you dont plan on buying the coin. There is nothing bad in lending your coins to others. This way the practical use of crypto currencies will increase and people will start adopting them for their daily uses. I definitely would not mind giving my cons to someone who is great in day trading and earning a certain amount of percentage from him just by sitting home idle. |
|
|
|
More exchanges mean more Arb opportunity. More exchanges also reduce a lot of risk if one of them hacked or exit scam.
Too many exchanges offer people with different opportunities and often it becomes hard for people to use the right exchange which suits their needs. Well certain exchanges are totally out there to scam people. I personally wish that these exchanges at least be regulated by some agencies to protect innocent people from scammers. |
|
|
|
It is simple as bitcoin has fluctuating times in which we already know that it may up and down sometimes so it would be really hard to become a good currency compare for those currency that has a exact and stable value in the world market. The bitcoin may down so much in no time so the people will just be a culture shock because they will see their money decreases. Bitcoin will be as good as currency if the stability of this would be functional.
Bitcoin is as we all know is a decentralized currency and it was basically introduced to give people complete freedom over their money and investments. We shall keep in mind the objectives of its invention and even if still you want to use it as normal currency, pair it up with fiat and give people free option. It is up to you whatever they want to use. |
|
|
|
I have currently around 60% worth of Btc good to survive for 5 years avoiding market pressures to stay Hodl. The rest are alcoins XRP, DGB, XLM large supply low inflationary coins which I believe will survive in the following years.
Keep buying more and more bitcoin because in the coming five years, bitcoin will become some rare commodity and people would be fighting for bitcoin. Your portfolio is definitely worth holding since the increase in values of bitcoin helps altcoins to increase as well. Just stay uninfluenced by the fake news of crypto scammers. There is no doubt in this fact that in the coming days rather in 2020 bitcoin is expected to show a great pump. All people who trust bitcoin are right now busy in gathering as many bitcoin as possible for them in order to avoid any possible regrets in the near future. By maximizing the bitcoin percentage in your portfolio, you are increasing chances of becoming rich. |
|
|
|
I think we should start holding the coins of exchanges. These are coins that can grow as much as MXC and Binance did. Its value goes up by more than thousands of percent and one of the coins I would like to recommend is: Bcnex, Vindax, Latoken, Beaxy.
Although many people do not trust these new exchanges, I realize their great effort. Try your luck with me.
I am not in favor of trying new coins and projects. The simple reason is they do not possess good potential to grow and then there is always this threat that they might be some sort of scam. I think it is much better to invest in those digital assets that have proved beneficial in the past like bitcoin. This will not only make a person rich in coming days but also save his time and money from being wasted. |
|
|
|
We are talking about Bitcoin currency here therefore smart and just holding are both applicable for Bitcoin investment. Choosing Bitcoin is a smart choice because it is proven the most potential and the promising investment to make your money grow therefore it is worth holding for short and long term investments.
Yes, investing in Bitcoin and holding it for long term should be our goal for now, doing short term is fine too for as long as we do have fund applicable for long term too, so that we can have profit for short term and long term. We don't know what will happen in the future, so better to have both as long term investment in Bitcoin can bring us more profit, but keep in mind there is no guarantee about it too. Agree. If you can try both then why not get into the two opportunities and maximize those to make a lot of money. Short term holding is a good way to make money when the market is so volatile while long term holding is for the bear market where you will just accumulate different good and strong cryptocurrencies and keep them in a safe wallet to hodl. In my opinion, that is just the surface or the easiest way. As we all know that bitcoin and other crypto currencies fluctuate on daily basis so it totally depends on the skill-set and knowledge of an individual. If he is good with his asset, he can make money during dips too but if a person wants to make money with no risk, then he should simply invest in bitcoin and hold for as long as possible. Holding works best for those who are bad at trading and does not want to risk their investments and holding works best when you are dealing with the most expensive crypto coin i.e. bitcoin and you don’t want to lose it at any cost because of your haste in trading. One should prefer holding bitcoin and trading with altcoins. I hold the same opinion in this regard. It is entirely matter of skills that a person holds whether he chooses one method or the other. For someone with a little understanding of digital market, holding is best. However, a person with skills of a trader and patient nature should try to make money on daily basis or so. No doubt, trading is far beneficial than simply holding coin but it is also the riskier one. |
|
|
|
AFAIK,you don't need to know about how the game works to play dice,all we need to know is how to select the bet amount and also to click the play or roll tab. Basically a dice game is quite easy to understand. What makes it hard is the way how it was meant to be played using platforms and websites. There are sites that have confusing User interfaces. But on the other hand, almost every dice game is easy to catch and play. But most of the time, I prefer those gambling games when I can experience the thrill such as roullete. I will call the dice game as the easiest gambling game because we don't have to learn many things. We could only use the default setting from the site and click the roll button. If there is a calculation about the chance of winning, then you need to learn more details so you can know how to make a strategy in a dice game. I guess the user interfaces are not too confusing because as long as we can find the roll button with the placing of the bet amount, we can play with ease. That is why I love playing Dice game, it is easy to play yet fun. Dice game doesn't require a huge amount of bankroll to enjoy your gameplay since you can put a small amount of bet. It is the most simple game I've ever played, you can make a strategy by adjusting the Roll under to win to increase the chance of winning. Regards with User Interface, it always matters to me because there's some online casino that is not aesthetically pleasing that sometimes causes confusion. On any betting game, you do not need to put big bets. The house knows that majority of the gamblers are not millionaire so the games are available at cheap rates to make bets. All the games are nice and playing dice is indeed fun but only as long as money is not at stake. This is one of the gambling games that are totally luck based. The best is to gamble with the money which lost will not cause huge loss. |
|
|
|
Problem is mentioned correctly in this thread but what's really worst to my mind, I can say that people don't learn from this lesson.
It's most common when people buy on good price, then it rises and they expect more (at some point it's really hard to decide when to sell bitcoin cause it may skyrocket or will just rise a little bit, everyone prefers chicken over egg) but how they end up is that price falls and then this fear of loss makes them to sell asap and finally they loss some or a lot instead of profit.
ugly truth sometimes people normally do not learn from their mistakes even if it happenned twice or more. Self-discipline is really hard to achieve, it needs enough focus and motivation. I am also guilty of this. If people cannot control their emotions and don't believe in their perception, then maybe investing in crypto is not for them, crypto investment is good if we know what we are doing, if we can find time searching things, and we know how to analyzed our mistakes, our loss, and we are also open to the opinion of others. Well I think, if people cannot control their emotions then they should learn it because that is an important trait to carry and if they do not believe their perception regarding crypto currencies, specifically bitcoin, then they should try it themselves and they will realize what digital currencies are about. No one can ignore crypto coins for long. So it is better to indulge in them as early as possible. |
|
|
|
Never say die to Bitcoin because it is still the best coin on the market. Due to the high dominance level of Bitcoin, the death of Bitcoin will cause a great disaster to the entire crypto market because it will go along with its huge market cap which occupies more than 50% of the entire market cap. Bitcoin still reigns and deserves all the necessary attention.
I also think the same. No one can kill bitcoin and neither it is going to fade out like fake altcoins. Here we are talking about the mother of crypto currencies. There have been times worse than the present in the journey of bitcoin so far and it did not disappear. What I believe is that bitcoin is the future of money. It will be the face of currency in an era of pure technology. Bitcoin will exist forever now. This would be the joke of the year if we think about bitcoin as some currency that is going to vanish in the near future just like most of the scam projects of altcoins. Bitcoin is the currency that introduced the concept of digital currencies in the world and has generated exotic revenue in no time. It will be more supported in the near future. Maybe the one said bitcoin going to vanish are those people are not interested on crypto. As we earning in crypto we believe bitcoin its not gonna be easy to vanish. And yes that was a joke if they think bitcoin will gone in a future but they are all wrong crypto are almost being popular in a whole world and many people using or doing crypto. For me the one who vanish are those altcoins that will become a shitcoins and no value in a whole time. Of-course only shit coins are losing their value with the passage of time because they do not have enough investors to maintain their but look at the investors of Bitcoin, they are more than half of the world, everyone want to invest in Bitcoin to get profit, so I think Bitcoin will not be Over, and you rare right that the one who is thinking like that do not know anything about Bitcoin. |
|
|
|
|
Show Posts
