I concur with entrepmind23. If you have extra funds for investment, buying bitcoin when it is low is the best approach. There is no schedule and only when you have that extra funds.

If you are for a long term though, the price doesn't really matter, you just buy and buy regularly and the losses will be covered by profits overtime. However, if you are buying with the intent to sell in few days time or when you expect the price will go up, then news (fundamental) and seeing graphical trends (technical) is needed to have an intelligent decision as to when to buy btc.

Maybe it's because of the adrenaline it gives you while playing. There is a mixed emotion of excitement, pain, and worry that you might get busted. When you lost, you want to get back and if you keep losing, you tend to chase those loses. Most of all, gambling is designed for entertainment. The more entertained you are, the more it gets to your system. The trick therefore, is to control that emotion and bet with a system.

First thing first, only gamble money that you can afford to lose. Once have that in place, divide that bankroll into at least 10 sessions - e.g.: your bank roll is $1,000, divide it into 10 which gives you 100 each session. play only per session and once you loss that session, start with another session. Your goal is to create new sessions. IMPORTANT: create a system and test it several times - once, you find a winner, execute it accordingly without emotions! If you lose, blame that system and not yourself. However, if you lose 1 session, remember that you still have 9 more sessions to pay with. Play it slow and nice without emotion - I know it's hard but once you get the hang of it, it will be easy.

Final note, we are not robot and we have emotions, right? Of course! Thus, only allow that emotion takes place the moment you cash out profits already and you will be a happy lad..

These are sound easy but it's not - it needs a lot of practice to master. I myself is mastering it at the moment.

Hope it help.

I usually fund my account with .1 - 1 btc to my accounts and divide it into several sessions to last longer. If I see profit of at least 10% of my deposit, I usually withdraw it and fund it to other sites that need more bankroll.

In my guess, I loss 2-3 btc early this year through gambling and is now on a recovering stage.

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It depends on your level of risk tolerance. If you are the kind of conservative in terms of dealing with your finances, then a combination of work that pays btc, faucet, signature campaign, and the like is your best route. However, if you are that kind of person who is a risk taker, then playing online dice games that earns btc is your way to go. The latter will either let you earn .5 btc or loss even more than that - your choice.

I agree to this.. But I'd like to point out also that if you are just starting to earn money, getting job and experienced is the way to go. However, your level of seeing and defining stability of income changes as times goes by.. When you are in the point of having a decent amount of savings, that's the best time to diversify. Investing in BTC and offer it for lending gives you few interest rate earnings and will compound overtime - just don't expect high amount of btc earnings though if you are for a long term.

I could not agree more to this. No matter what strategy in place you have to your betting, there is no 100% guarantee that you will win - it's gambling and it is very risky after all. But as long as you are having fun and betting only up to your limit of comfortable loses then you are good. This way, when you win, you will be happy and if you lose you can easily accept it.

I totally agree with this.. Giving the fact that bitcoin has it's limits of production in near future while fiat money of each country can be limitless according to the growth of the economy. The near to fact would be that the banks will have chances of adopting bitcoin in their services than the former will disappear.

Res Ipsa Loquitor - your title speaks for itself. Never ever invest in HYIP sites. The reason is simple: if you will earn on its early stages, the earnings are from other poor victims like you; and if you invest late and nobody will going to invest after you, your money will simply vanish.

Either way mentioned above, your are helping HYIP site owners earn money with no sweat. Come think of it.

That's right! Selling your valuable asset to others for such a low price doesn't make sense at all. If I have something very precious knowledge that will make a ton money online, I'd rather focus all of my attention on scaling it up and hiring more people that I can potentially help with financially through their salaries... I'd rather not sell it and open the idea to the mass public so it won't get saturated and I'll profit more from it.

I will definitely do.. Although it is a bit risky, I would still save at least 50% of my total bitcoins for the future that even my grandchildren can benifit from it. I make it sure though that I have something in me at present to use for potential endeavor that will grow my btc.

I just can't imagine how much the price would be if he bitcoin survived like 50 years from now - thus having like at least 2 btc now and leave it until 10-50 years is kinda exciting and something that you will look forward to in the future.

That is what I am doing now at the moment.. I mean, I am transitioning to full-time work for bitcoin accumulation. I know it is very risky but I am targeting a goal and once I'll hit it, I will start building other sources of income again.

I used to work on clients but I am tired of it.. although the pay is good, I don't have that sense of freedom. Well, this is just me and I am not recommending it to others. It's just too risky.

For me, this is only good if you have a small base bet. Why? because if you go higher bets, chances are, you'll reach the max cap of allowable bets. This is true to most dice sites like pd, fj, etc. However, I believe that in betking, the max bet is higher though.

Best advice is to calculate first how much you can sustain the red streak and how much your max bet - you can calculate and check it here: https://dicesites.com/tools

My last words though, I am never a fun of auto betting.. Manual bet with a system that you've tried and tested will go you along the way. Never be greedy, no emotions.. Reserve emotion of happiness when you reach that goal profit - I know it's hard but you must!

Interesting. Does team matters in sports betting strategy? or is it ok to choose any teams and just have a bet strategy in place for execution? I ask this because I am not really into soccer sports and I don't know any of the team players and their capabilities.. Let's say if I choose a certain 1 team that was always in the semi finals before, and stick betting for this team with the strategy similar above, would it suffice?

In my mind, I am thinking that I use bitcoin as an investment but what I actually doing is using it as currency - I usually exchange only 2 cryptocurrency: bitcoin and doge. I sell doge for btc when doge is high and I buy doge with btc when the doge price is low - my profit is the difference of high and low price of doge.

Dividing your bankroll to at least 10 sessions would give you some chances of winning.. If you took your balance as only one session, then you get busted right away when you lose.. Having many sessions gives you more chances of winning compared to only 1 session..

I really like this advice. Only use money that you can afford to lose, period. I'd also like to add that you play for fun - if it ain't fun anymore, better stop right away. One more thing is to make sure that you divide your bankroll into sessions - the more sessions you have, the more chances you can hit your target/goal.

Hope it helps.

Maybe not about freedom - people who didn't know bitcoin, most likely doesn't know how to enjoy the bitcoin transaction freedom, unlike ordinary fiat money where there are government regulations and the like.

If only they will know the true value of bitcoin, they will surely learn to appreciate and love it.

Now, to all of us who knew it;s real value, we can teach them and introduce them to the world of bitcoin - we encourage them to invest in bitcoin the right way, not scam the hell out of them..

I have a strong feeling that most people hate bitcoin because, during their first encounter with bitcoin, they got scam by fraudster and scammers lurking around.

I have my own paypal account. It is where I accept payment from my clients giving them online services for their business websites. I also have bitcoin wallet and continuously growing my bitcoins.

However, I don't use paypal for any of my bitcoin transactions. They are completely separate with one another.