In all aspects, yes. Gambling is very much wrong especially if you build your income earning around it.
No, gambling would not be wrong if you now how to play well by means of having fun and spending only an amount you can afford. Moral lesson is to know what are your wants or goals in gambling to have fun only at the same time to earn or to earn only. Gambling can be wrong or cannot be wrong. There are two answers of same question. Gambling is not wrong in the way as you said that when one can afford the loss from gambling and just for fun seeking. If these two are the purposes of his gambling, then his gambling is not wrong. But if the same person makes a mindset that I will make great amounts of money from this activity, then surely it is a sin. |
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I agree bitcoin can not replace Fiat. Bitcoin is better then gold in some ways
I think Bitcoin only is better than gold just because of it's profit. It can't be comparing with Bitcoin about the stable feature. The comparison between “bitcoin and gold” should not be compared with the comparison between “Bitcoin and Fiat” because these two comparisons will not let us to draw something informative to judge them. Moreover, I think Gold has some strength and it is acceptable worldwide and can dominate all the currencies at any part of the world, but fiat and crypto are two different currencies which ae different at different parts of the world. |
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I started bitcoin just a little while. But I heard about it last august. At first I was not convinced and I didn't think that I would be interested on such a business. But this month my friend brought out a brand new laptop and he confirmed that it was from his bitcoin income. So I was finally conviced and I made up my mind. It's okay for me that I won't make money wuick but I believe that waiting and posting and posting eventually will help me earn money. Thank you and have a great day.
My bitcoin experience started when I was introduced to it by my cousin and he was able to put me into a community where I was able to pick the brain of crypto users from all over the world. I consumed knowledge whereve I found it and invested on some I think would profit You are one of the luckier one if you someone comes to you and tells you about the crypto currency and the advantages. Because in the beginning, it becomes very frustrating for us to know some altogether different type of currency which do not physically exist. And also there is a notion in people that whenever they fail to understand anything, they put a stamp of “Controversy” on it. If your cousin has helped you in teaching about the crypto currency, then I think you must spread this thing to more people |
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I think it's not very important how much you'll start with, since you can quickly lose it and win nothing. In trading in one second you could all lose or all win following a single decision, and this to get an idea about this area and these characteristics and especially the sensitivity of the success On it. It's really very stochastic and very random. To do this you have to prepare yourself perfectly in the knowledge side because this field is not easy at all.
I think sudden decision should be taken in any business because you can lose your money and time. Strong determination and patience needed for becoming a good trader. Trading is not an easy task. One should be fully prepared in all aspects of trading. Knowledge, skills and techniques will make you a good trader although you have very little money, but if you know the way you can reach your destination with little sources. |
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I think its good to study first the trading system itself before we start trading. Because eventhough that we are trading in just small amount, the chances that we might lose is still open. And risk is too high because you dont know when to stop ang make a trade because of these small amounts. And definitely if we have small amounts to trade, our gain is also small. But still you cant afford to lose. If you can get a little profit its okay as long as it is consistent. And when youre consistence trading you might know the possible altcoin that in future will have a profitable amount that suits your taste
Nobody needs to train anymore, because everyone has good trading knowledge  Despite being a bit extreme, there is a lot of interest in the crypto money market. And there are some people who do not think of anything but the opinions of others. Yeah agreed. Crypto has a lot of opportunities to earn as much money as you can. Little determination and hard work required. If you don’t have enough money to invest in bitcoin you can join this forum and after some time when you know the rules and techniques you will be able to make money without any investment. I also do the same I have no money to buy bitcoins that’s why I am here in this forum. Now I am making money. |
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There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?
There is that what we called as a substitute and replacement for all things. If USD will fall as years pass by other currencies will rise. That is always the case for everything, and if that happens BTC has a chance to be recognized as a worldwide accepted currency replacing dollars. BTC value will then rise when that time came. Dollar is an internationally recognized currency and it is being used almost all over the world. There is less chance of this thing to happen. In case this thing ever happens, then it will be really a very good chance for bitcoin to take lead over the world’s most commonly used currency and replace it. The market value of bitcoin will then rise even higher as dollar will have low market value then. |
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I focus mainly on the amount of BTC I gained and kinda disregard the net profit in USD. After all, bitcoin is what appreciates in value over time and not your USD. As for alts, that goes the same thing: net profit for BTC is what's more important. Though it is true that even if you gain more USD compared to your initial investment, you still lose some bitcoins in the process which might affect maximizing your profits.
Now, this can be one way of measuring, but the thing is firstly you have to make a decision that what will the currency in which you want to measure the profit. Like this can be one example of measuring the profit in bitcoin, the other can be related to the currency in which you are investing. More over, your initial investment capital and initial purchases of bitcoin will also be one of the factors in this. |
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Hi, guys!
I am in cash in Bitfinex now, what would be your advise to do now? What coin to buy or to stay in cash? THANK YOU!
I suggest you to buy eth and leave other coin. Eth today's have low price and volume ( my opinion ) so this is the right time to buy it. I don't see any option to buy besides eth, even btc it self, because for btc is too high and that become bad option to buy ( too risky ). Maybe you don't like my opinion because ignore btc and other coin but I believe that's the right step for us. Thank you and good luck. This can be somewhat good opinion but still not the best one, because if you have to go after the crypto currencies which are low in price, and volume gets the priority while investing than there are many other crypto currencies which are very much lower than Etc. Why not to invest in those?? My opinion is to go for the strengthened one and in the market the only crypto currency which is the strengthened one is bitcoin and none other. |
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Gold, hands down.
Bitcoin is for gambling/trading volatility on steroids, not a serious long term store of wealth.
As of now, i choose bitcoin. Becuase its value in ny country is so high. So i want to earn bitcoin than gold, it is very easy to earn than gold. And it is more valuable for me. Bitcoin can help me to sustain my wants and needs and now im helping my family through bitcoin. If you have this much of amount and knowledge that you can buy both the things as well as you can manage both the things in an efficient manner, then there is nothing bad in keeping both. However, I am thinking of investing in bitcoin to be more better option than that of investing in gold. Gold is not that much profitable investment as bitcoin is. It cannot really help us in having some extra ordinary amount of money. |
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Ethereum for sure. Stratis Litecoin Dash XRP No doubt i'm gonna hodling. I just think those are the best options for me, can't wait to see the crypto world in 2018. Good luck everyone Why eth for sure? Ethereum is not an extra ordinary coin, it is just like other altcoins which are totally dependent on bitcoin for their market values and are also measured with reference to bitcoin. The thing is that you should include waves, neo and litecoin in this list because they are very much popular coins and promising as well with respect to bright future. In short, invest wisely in altcoins because they often dodge you. |
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I'm lowering the amount of Bitcoin I bet when the prices are increasing like crazy. And also some Gambling site was lowering the amount of minimum bet (like nitrogensports, etc). So yeah I definitely bet less than I usually do.
Since btc is too expensive to spend now, i usually bet before in btc value, but now before I put bet i tried to calculate if ever converted in our fiat value, seeing how much I bet before by just picking in btc amount before, I can really say that everyone decrease their amount of bets now that btc is way too high. I disagree with your statement that fluctuation in Bitcoin’s price affects ones gambling. Gambling is an addiction, haven’t you heard about that and once you start gambling, you don’t think about the rise and fall in the price of BTC’s because in coming years all the trading is going to be done in BTC’s which means that whatever happens, at the end the price of BTC’s is going to touch the top of market and then your btc’s earning during gambling will give you a lot of profit. |
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The price of bitcoin is simply fantastic and it can be considered a highly profitable investment, not virtual money, despite the fact that many are skeptical about it. In addition, many people buy it only to make a profit from the price increase.
Bitcoin is just an ordinary currency like USD or any other but it is a bit unique because it is a digital currency and is used in digital procedures. While using bitcoin, it depends on the user that how he is using it, he can also use it for investment while ordinary payments can also be done with it. I think bitcoin can perform any function; its use just depends on its user. |
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Yes I must understand that gambling is just for fun while trading even though its risky atleast it turns your money with profitable income for a long period of time.Gambling is just a luck when you wins and after that its makes you addicted .In trading skills and patiently waiting is all we need but this better than gambling to have a good profit.
Gambling is a business and it's a source to other serious and professional gamblers. To me, in the middle of being serious and having fun I can conclude that gambling is good when you don't have something to do and you are looking for a thing to do. Don't forget that in trading sometimes you need luck too, like what is driving the price of bitcoin now before it moved to $11,000 you must had that luck and confidence that you had sold at that moment. For me when you are still in control gambling is really fun but when the moment you cannot easily accept you lose and you chase you will surely end up with a big regret. I am in that situation many times, even though I keep telling that I am not addicted but the temptation is hard to resist. If you really want to be safe then stay away in gambling if you have a history of addiction. One can easily become addicted to gambling because once it gives a lot of opportunities at sudden but the losses in gambling can also leave big marks in your life which are by then impossible to fill up. Gamblers are addicted to what they do and their words don’t have much importance because everyone knows that they can never ever take that trash far away from them and the truth remains that gambling becomes a part of their lives and the important one as head is in our body. |
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I think that the next taget of BTC is $13 thousand and it might happen in january or even earlier. After that it will go up to get to $20K.  There is not target for bitcoin. The value of bitcoin is increased due to potential increasing of bitcoin every day. Now the price of bitcoin again moving forward to 11k$,so the next raise for bitcoin will be 12k$.This will reach 15k$ at the end of January. This will happen sure waiting for the raise of bitcoin to 13000$. Yes there is no target for bitcoin because price is very volatile. Bitcoin price may continues to fall or it may rising high anytime. As we can see the demand moving the price increasing. I think the aim of bitcoin is to take world into under its feathers so that everyone can use this coin and people use it spend it and hold it and get profit from it and as this achievement is going to be done soon because people are here who are eagerly waiting that this coin will be declared s global currency as well and once this will be done then the aim of bitcoin will in billions and in future richness will be measured by bitcoin you owe. |
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To the minimum the price will be around $14000 - $15000, because the price hasn't started to experience the growth that occur by the end of every year. This year from the beginning the growth is massive, so the same might grow much higher by the last month of the year taking the price stand above 14000 by the starting of 2018.
The price assumption from my side is 18000 and this is on the basis of previous three days stats and all this is just because after seeing the recent progress those who have a least knowledge of bitcoin they come into the action and now they are getting crazy to buy as soon as possible and this thing will lead to the further progress of bitcoin and the upcoming era will be more enjoyable for the investors and the new comers. |
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I do not think that it will fall much after 10k, but it can drop by 1-2k so that some people can buy bitcoin again cheaper and then go up again and see new records, now everything can be.I also wait when it will be cheaper to buy)
Yes I too think that there may be little correction in the price but won't fall down much as already the price has gone 11k, during the correction period people may buy some coins and store it for future which makes bitcoin even more stronger. A lot of people here are talking about the correction of price I think this price is correct and suitable and the fall will not happen because investors are mature now and they will buy in the crash time and that act will give more rise to the price and so expectations are high here because a single drop of price will give a chance to buyers to fill up wallets and they will avails so it’s better to have a bit crash to see the future assumption. |
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Indeed I believe bitcoin helps the economic climate of a country by providing chance to those who cannot have permanent job. Thru bitcoin they can supply the fundamental needs of a person the earnings they get are use to cover up their finances and because of bitcoin people don't have to worry when they aren't able to find a permanent work since the revenue they'll get might help them. If people in a country is monetarily stable they will also have a much better economic climate
No doubt the bitcoin mining is better than the trading because the bitcoin trading is very risky and not all the people can earn the money through the bitcoin trading as I can have the bitcoin and I hope the bitcoin will get more famous by a lot of the source and the earning of the bitcoin will get more high if we will use the right and the safe way of the earning I am sure the bitcoin will be high with the time. |
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Bitcoin is a gateway drug, the entire crypto-currency scene is the real stuff.
LOL it is the funny post because the bitcoin and the drugs are the different thing because the bitcoin is helping a lot of the people I have seen the bitcoin for the money and I have seen the bitcoin source of the income as a lot of the people now, bitcoin is the drug for those who are not having the source of the income I can say the bitcoin is buying a lot of the things for the people who are ready to buy the things for the people. |
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Reliable ways to compare these methods no earnings. The profitability of production is constantly changing. It may happen that you will get so much coins to pay for electricity. But as diversification of income sources is the right decision. I have always been a part of their income, investing in the acquisition of the GPU.
Mining is best to carve own coins but that is time taking process and its requirement is also high whereas investing money and buying a bitcoin is now reliable to most of users because everyone want easier way to earn money and buying is best way those countries who adopted bitcoin in early days their citizens are now mining but those who are getting familiar to it now are preferring buying and investing to earn money. |
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Investments are for our future and when ever we require we should utilize it. This will be possible only when we invest in secure and very big returns giving product should there That is in my experience Bitcoin only having the potential to give very big returns and also safe till date. So I believe that bitcoin is the good way to invest our money.
So far bitcoin is best investment because there is no disadvantage of investing into it and now many developed countries are adopting bitcoin as currency are and thousands of people are here which are given a lot of profit by bitcoin and millions are hoping that their turn will come soon and bitcoin is best possible investment to get secure and happy future and that’s why so much people are eagerly investing. |
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