FUN Token is an investment apart from some of the benefits that are obtained by save it in freebitcoin, every investment have risk can be profitable or vice versa, though the price is currently continuing to fall, but because this is an investment then the goal is long term more than 6 months even years so it takes patience to be able to enjoy the results.
Altcoins fall because of Bitcoin and some of them rally a little bit during past couple of days. FreeBitco.in is a very old gambling site and old coins, old gambling sites have their intrinsic values that new ones can not have. That's true. The same thing is happening even now. As bitcoin is pumping upwards the altcoins are falling in btc pairs. Some altcoins are falling in USDT pair as well taking the largest hits. But most of the major alts will consolidate soon. FUN token, despite of its falls recently, will be worth to invest for long term. None of us thought Dogecoin can rise like what it did with shill attempts from Elon Musk. Everything can suddenly be changed in cryptocurrency and this token is worth to invest, hold, and wait for such big changes.
I have seen altcoins which have pumped 500% - 1000% recently. FUN token has a good usecase and it might turn out to be a good investment if we get in at low prices. |
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In my perspective it's not about breaking the code but about the satisfaction of winning and the reward we receive afterwards.
Gamblers are motivated because the joy of winning drives themselves to carry out different strategies to somehow win the gamble.
Not only in gambling but at any point in life where there's a competition, we tend to try out various strategies to somehow win that particular event.
I believe this is why all gamblers tend to gamble frequently so that they can keep winning the games.
And things often experienced by gamblers when entering for the first time to gamble, the house provided him as a winner to withdraw more funds that were issued the second time by the gambler. so that without realizing the pattern of the gambler's game no longer thinks about what he has spent. Then continue to add funds to enter in larger amounts, with reference to the first win. as an impetus to keep going and winning gambling is the biggest mistake. If you want to play with the residents of the Casino who designed the Gambling system, then the gambler needs to play smoother. play, win and withdraw profits if you have reached the minimum withdrawal. save capital then play again. It does seem like that the gambling website/casino is allowing the gamblers to win deliberately initially but I don't think that's the case. If the games are provably fair then the win/lose ratio is not in the operators hands. It just happens randomly. But yeah we do get the feeling that we are winning but eventually we lose at the end. This is why gamblers tend to deposit more in the hope that they win. |
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If yes, expand a bit. Do you think they're going to convert some cash into BTC, or will they just accumulate by accepting btc as payment?
If no, why not? Tesla, SpaceX, Twitter, Square, Paypal, Visa, etc are all adopting, does the largest ecommerce platform not have anything to gain here? I think they're more likely to have BTC than go out of their way to build their own crypto like facebook.
Personally, I don't think bitcoin will be accepted as payment by Amazon quite yet. Though there's a rumor through out the world about Amazon accepting bitcoin payments by the end of the year I think it's just some crypto believe trying to spice things up. We shouldn't believe this news unless Amazon officially announces it on the social media platforms. It's not that I don't want bitcoin to be accepted by Amazon since I would be more than happy but it's just that we can't make our judgements based on any rumor. |
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Not just CoinDCX, even Coinswitch Kuber is advertising in television and OTT platforms like hotstar and Zee5. My wife keep on watching movies on these two OTT platform and I have literally seen their advertisement multiple times. It's great that Indian exchanges are trying to make cryptos popular in India and gather as many customers possible. It is only increasing the number of crypto holders in India which may help us to get a favorable regulation. Yes you are right, I remember seeing an ad from Coinswitch Kuber on TV. Speaking on the same matter even today I received an ad on my mobile phone today through truecaller. This time again it was CoinDCX. I must say, the level of advertising from Indian crypto startups is increasing day by day. The crypto bill was supposed to be discussed in the ongoing monsoon parliament session. But it seems that bill has not been included in the agenda. So we have got another breather!
True that. No wonder the bill was not presented in this session. My group of Indian crypto friends were discussing on the same thing and the bill might be presented in the next session. |
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Personally, I use this forum, Twitter, Reddit and Cointelegraph to get my news. This forum and Reddit are my favorite places to spend time on.
We get the news as well as engage with the crypto community by taking part in discussions.
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For almost a full day I pay attention to the price of bitcoin, and still survive around the price of $33000. I don't see that there will be a significant change to go up. Will you still survive the market conditions like this? Confusing.
Well, if you were holding Bitcoin until today. Then you would have gotten profit because the price is surging up to $38k when I wrote this post. It's still quite surprising, the price bounces back to back really quick and left people doubts about what the hell they are supposed to do during this time. Maybe just make this one as your experience and just hold your bitcoin if you have some. It's always best to do nothing if you are really confused about the situation. Nothing as in just HODL bitcoin until you feel like you need to buy more or sell. We are seeing a good momentum in bitcoin's price currently and I feel we will see some retracement followed buy another pump. If we cross the $40k level we might see some good price swings in upward trend. Let's hope for the best while HODLing bitcoin. |
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Even I read this news today on Cointelegraph and was quite surprised to read that Amazon is planning to use bitcoin.
Amazon is a giant and bitcoin being accepted as a payment by such a giant will surely be a huge benefit for the bitcoin community.
May be this is why we can see a sudden pump in bitcoin's price today. The price has spiked up from $34k to $38k.
At the same time I think this is just a rumour since Amazon hasn't officially announced anything regarding this.
If this rumour becomes true then we can see a further increase in bitcoin's price.
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Any tips, tricks?
*Note: asking for short term trading purposes. So advice like "don't matter when you buy..." is not applicable.
This question would have been more appropriate in trading discussion board. To answer your question dips often bottom out when the support is very strong at certain price level. No one can predict the bottom but we can make sure we buy somewhere near the bottom. For instance, we had a good support at $30k but bitcoin had fallen below that like twice or thrice may be and the price bounced back up. Since those were very strong support levels I was certain that this should be the bottom if bitcoin doesn't fall below that again. Keeping stoploss and buying at $30k would have been the best choice in the current situation. Bitcoin has reached $38k and I was fortunate enough to take the right decision. This is how I find the bottom. |
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In my perspective it's not about breaking the code but about the satisfaction of winning and the reward we receive afterwards.
Gamblers are motivated because the joy of winning drives themselves to carry out different strategies to somehow win the gamble.
Not only in gambling but at any point in life where there's a competition, we tend to try out various strategies to somehow win that particular event.
I believe this is why all gamblers tend to gamble frequently so that they can keep winning the games.
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We all know how we get added to some groups without our consent on Telegram. Anybody can create a group impersonating anyone on Telegram. This time the scammers are trying to impersonate Binance and lure users to fall for their scam. First they add you to their group. The group has a pinned message which says Binance is launching a BNB smart contract. It says to deposit your ETH to their smart contract address and then you will receive 15% extra profit for it. Funny thing is, they have even attached a link to binance blog for awards. This isn't related to what info they have posted on the pinned message. Below is a screenshot.  And as expected, when I sent a message with the keyword "scam" in the group it removed me from the group.  I have posted this because most of the people use Binance and beginners are prone to get attracted to such schemes. They might fall for it thinking it is indeed Binance.
How to find out it's a scam:1. No reputed exchange will add you to their group. Just think, why would Binance add you to their telegram group ? Besides that the number of people in the group are too less for such a reputed exchange. If it were a real Binance group it would have far more members than that. 2. Getting instant 15% profit ? Too good to be true right. Every scheme which is too good to be true is probably a scam. 3. If it were not a scam then it would not have removed me from the group on accusing it for a scam. Don't fall for such traps. Save your crypto and invest wisely. #DYOR |
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I wanted to know, what drives it? And found this forum. Isn’t great on the innovator part, that individual knew what they can achieve with a forum like this one. I know everything Bitcoin will rise and I am sure it will surpass all the previous record.
Welcome to bitcointalk and welcome to the Indian board. You are correct I do not see many active members here. I assume most of them avoid being here because of the uncertainty regarding cryptocurrency in our country.
I believe we are still in the early days of bitcoin. We are a part of the revolution since bitcoin itself is a revolutionary tech. I read in an article that around 15 crore people in India are into cryptocurrencies which means around 11% of Indian population is into crypto. The number was very less a few years ago and it has been gradually increasing and it will only increase further. So may be in upcoming years we might see some good traction on this board. Yes, there is uncertainty regarding cryptocurrency in our country which is why many are still hesitant to get into the crypto boat. But I guess we might soon see some regulation and law for cryptocurrencies in India as well and that might increase the number of Indians in the crypto community. |
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considering the fact that trading is highly profitable and responds majorly to knowledge and skills, this means its needs full attention and concentration consistently. i have noticed alot of new and upcoming trader gets carried away easily with little profits or loss. this makes many to quit or feel complascent. becoming a good trader is like going to a school, you do all necessary things consistently without any distraction untill you succeed. this is one of the things that i feel is needed to incorporate into trading learning process and lifestyle.
That sentence just hit me hard. It actually makes sense. With time and practice comes experience. We have to practice trading regularly and not lose hope when we lose money. As you said consistency is the key. Even I have started to learn to trade and practice it regularly. Yes, I do lose money but sometimes I do make profits. I hope at some point the amount of losing money will decrease and the profits will increase.That only happens when we fully change our mindset and think that continuous working on our market knowledge and enhancing skills will have positive results. We shouldn't be confident that we already know the basics but instead go beyond that level of understanding as this will place a big role in our trades. Because as we are motivated and seriously consider trading is a passive source of income, the more we are encouraged to work hard and help ourselves to become better. Confidence is built automatically with time but what many do is they become over confident about themselves which leads them to losses. Losses are a part of trading. We can't keep making profits every time. But having proper money management and risk management could help us in decreasing the losses. We need strong will and determination to be able to work continuously towards achieving our goal. Mastering trading and that too in the crypto community is not a piece of cake. Many have failed miserably and I am sure that only the professionals survive in the long run. |
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I think he is wrong with counting. Or he is highly gambling addicted person who needs medical help. No one in his right mind will not spend such amounts into gambling (except cases described above)
Speaking of the same how much % of your total income do you put into gambling ? It should have no specific amount, instead you only put money on gambling when you have spare money after you paid all your bills, necessities, and mortgage. There should always be no budget for gambling purposes. It would always come randomly when you have extra money to spend on unnecessary things. If you say you're saving even 1% of your income intended for gambling, then I can say you're slowly drowning into addiction. We all have different perspective and income range anyway, but gambling with huge amount has never been a good idea no matter how rich you are. Having specific amount would be better imo as long as he can stick on that number anytime he is going to gamble. Also, setting our budget for gambling lets say 1% of our monthly salary does no mean that we should spend it every month. It is just a limit anytime we are going to gamble. In other side, if you spend the spare money after paying daily/monthly needs, it can be something big depends on your monthly income and your expenses. i.e Your monthly income is $10k and your expenses for a month is $5k, means that you have $5k spare money to gamble. In this case, having a limit such as 1% is better because you will spend $100 only. Coming up to the chance of getting addicted, no mattter you use spare money only or you have a monthly limit, it can lead you into addiction if you cant control yourself. I would agree to that. Having a fixed limit for gambling is always a good option so that we do not lose more than we could afford. At the same time it does not mean that we gamble frequently since that can lead to addiction. We can restrict ourselves from gambling frequently and gamble only when we have extra money to gamble with while still limiting it to a fixed amount. |
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considering the fact that trading is highly profitable and responds majorly to knowledge and skills, this means its needs full attention and concentration consistently. i have noticed alot of new and upcoming trader gets carried away easily with little profits or loss. this makes many to quit or feel complascent. becoming a good trader is like going to a school, you do all necessary things consistently without any distraction untill you succeed. this is one of the things that i feel is needed to incorporate into trading learning process and lifestyle.
That sentence just hit me hard. It actually makes sense. With time and practice comes experience. We have to practice trading regularly and not lose hope when we lose money. As you said consistency is the key. Even I have started to learn to trade and practice it regularly. Yes, I do lose money but sometimes I do make profits. I hope at some point the amount of losing money will decrease and the profits will increase. |
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It's good that you are seeing profits in your portfolio but how are you sure that the influencers you are following are credible ?
You said that you lost money when you started following influencers blindly but you are still continuing to do that.
Don't you think it would have been even better if you could have some how found a way to learn how to trade/invest from those credible influencers instead.
This way you wouldn't had to follow those credible influencers but instead follow their steps and additionally add your smartness into it to gain more profits.
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Trading and investment is a game of numbers and moreso how to use the numbers judiciously while properly applying the knowledge. Some people say small capital is the best to start trading with while others say small capital will leave you with limited choices that the best is to trade with big funds. Starting with big fund will always be the best provided the user is able to manage it. So many things are connected but I conclude that big capital is good but a good trader can work with small and big funds and make profits with it. Let me hear your opinion on this!
It's quite simple. If the amount is big then the profit/loss is also comparatively big. If the amount is small then the profit/loss is also small. Why many people suggest to start with a small amount is because being a beginner we tend to make many mistakes. This is why we tend to lose a lot in the beginning. If the amount is small we would obviously lose a small amount. Money management is the same whether or not the amount is big or small. So I believe starting with a small amount is preferable if you are completely a beginner to trading. You can gradually increase the amount when you get a good experience in trading. |
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The lower class would hardly afford gambling and are most of the times in survival mode. Yes few of them might still gamble but most of them are just living for their daily expenses.
But yeah those who are in middle class and below and still gamble are the ones suffering while the rich are making money.
I hardly believe that gambling is for rich people or those people with extra source of income only. I mean those people who have extra income that their capability to sustain their needs will not be suppressed due to gambling. But at some point there are those people who are really into gambling even without a proper source of income can still be able to place a bet or to gamble the amount of money that they have earned for the daily needs of their family and this is totally riskierthan I think. Yes those are exactly the people I mentioned in my post. Most of the times these are the people in the lower class and middle class families who still gamble to earn a quick buck. And because of such people their families become broke. The context being that such people suffer the most when high taxes are levied on gambling. Taxes doesn't matter to the rich since they find a way to get away with it. Many times, they probably use their black money for gambling. |
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I think he is wrong with counting. Or he is highly gambling addicted person who needs medical help. No one in his right mind will not spend such amounts into gambling (except cases described above)
Exactly! I personally think even 10% is a big amount because at the end we tend to lose most of the times. Whenever I gamble I assume that the amount I am depositing to gamble is lost since no matter how hard I try at the end I lose all of it. So why not decrease the amount and lose a comparatively smaller amount since it doesn't change the gameplay in any way. Speaking of the same how much % of your total income do you put into gambling ? |
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Planning is just easy, doing it is another. I tried to do it budgeting my income and divide to investment, savings, bills and gambling but I didn't managed to follow my budget in gambling. I'm not sure maybe I'm a little bit addictive to it now but I'm trying to control it but sometimes I didn't put on my savings it just go into my gambling budget, usually it's around 20-30% of my total income.
Damn, 20% - 30% of total income into gambling is so huge. The experts say to at least invest 20% of total income to investments to secure your future. I think you should decrease your gambling amount from 30% to 10% and then invest the rest 20% into investments which can yield good returns. This way you will still be gambling while investing and having a better future. Sure! I think the game process brings the same pleasure when used in the game and 30 percent of income and 5. This means that changing the spending on gambling and starting to save will not change anything else in the gameplay, but after a few years you can feel a pleasant accumulated large amount that itself begins to generate income. For me, it's not big if you are really winning in gambling, but if you are just losing in gambling, then better drop that percentage so you will not feel the pain of losing. We gamblers have the same purpose but we don't have the same experience as some just really losing money while some are making money. The number of people making money in gambling is way too less than the ones losing money. Happy for you that you are making money in gambling. Mind sharing your strategies   It's hard to stay in profits in gambling as it requires strong will power and control on yourself. Decreasing the amount is the best bet when it comes to continuously losing in gambling. |
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I am not so wealthy but I am still HODLing and buying the dips accumulating as much as I can for I know these fluctuations will never end.
Bitcoin breaks every ATH and I am quite sure that bitcoin will definitely break the current ATH and set a new record.
I don't want to be the one buying at such high prices which is why this is a solid opportunity to buy the dip and then HODL to gain profits at next ATH.
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