At least, gambling games prove to be quite fun and entertaining for most players. Since they're based on pure luck, the odds of winning greatly varies as you play. Personally, I'd prefer skill-based games since they provide greater winning opportunities for gamblers. Both Poker and Blackjack have brought my attention (although I don't know how to play them). With a good amount of practice, I may be able to compete with other players easily in order to win the prize. Even if I lose in the long run, the experience playing these games would be quite an enjoyable one. While there may be no secret at all, you can follow well-known practices to minimize your losses as much as possible. As long as you don't invest more than you can't afford to lose, you'll be safe from becoming bankrupt anytime soon. Despite this, there are some online casinos which allow you to play games with "Play Money" instead of actual money like crypto or Fiat. There are even other online casinos which have a built-in faucet for your to collect satoshis in order to play a game. With this, you can have fun without breaking the bank at all.  You have a very great point and I understand perfectly the angle you are coming from. Playing based on luck to me is one of the most important characteristics of gambling, that’s how the fun is achieved at the peak, but to those who would like to be a little bit safe in playing, it’s better to focus on skill based games but to an extent it still depends on luck. I already understand there are no secrets to gambling and for me, the beauty of gambling is even on the luck side of it, so I enjoy my games for fun, and it’s always very interesting when I win big or sometimes loses, I play with little money, so no hard feelings when I lose, it is all part of the game and I appreciate that as well. |
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-snip-
In that case the macro changes of course has a huge impact, we are talking about times when it was 20 thousand and times when it was 3 thousand and of course there was a lot of difference between them, not only in casino stand point but as a whole crypto world where a lot of money has went out of the market so it would only makes sense that the amount of wagered and amount of gamblers must have dropped or increased according to the price. I was merely talking about how 10-12-8 probably doesn't matter that much, it must still have tiny affects of daily 10800 or 10400 price but I am sure not that much, probably small enough to not even realize if a whale just gambles for example. Hence, micro sense I think its not a big deal but on macro scale like that there must be some. |
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Ouch... we just had another dump of several hundred dollars down to a line that I'm carefully watching as it's been a point of action recently. 1D MACD was close to flipping green before this dump but this has delayed it, and the 4H MACD is now flipping red. We're still up over the last few days but this is a bit painful returning back to these levels once more. Not super surprised considering bulls were losing momentum and volume was lowering before the dump. Undecided whether or not to be bullish or bearish for the short term at the moment, but I'm still long and mid-term bullish.
[im g]https://i.imgur.com/X36JT0u.png[/img]
On the other hand, we're right back to where we were a couple days ago.
It was really sad also, I thought that the market had responded to this news really when it started growing little, but seeing it dump also broke my heart a little and then I saw that this event may not really have much effect in the market as people thought of. I know we like to think the unthinkable and we believe that such positive news would have effect but I guess that many investors are still being tormented by what the bears did to them in the last bull run when majority of them fell for fomo, and you see now that it is also not only you and I that are being careful of fomo news, but majority of investors out there are also being careful nowadays. I guess people are just waiting to see exactly what the effect will be like when the project is being released. |
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If fiat money is a bubble then this bubble lasts really long time.
I know that some had ideas how Bitcoin and cryptocurrencies will replace fiat but I think by know everyone knows this is not going to happen. Fiat money will continue to exist and the economies around the world will continue to depend on them. Still that doesn't mean that cryptocurrencies will not develope further and become more and more accepted, just not instead of fiat money.
right, only a few countries are bankrupt, they are competing in the country's economic growth. those who went bankrupt because of a chaotic state system, like Venezuela. and I think fiat will still exist, cryptocurrency will be an alternative payment, as an effect of the development of technology that can not be avoided Period. That last part of your statement was exactly the same line of thought of satoshi when he created the technology of cryptocurrency, it was meant to only serve as alternative and even the store of value part is also meant to an alternative to other existing store of value like gold and silver and not to replace them totally. But, we are the ones that has misconstrued it and make it seems like its purpose was to completely replace the system of government which makes them think it is a technology that would disrupt the financial system of government meanwhile the technology is only meant to assist those who are suffering from the problem that bitcoin has proffered solution to including the entire government system itself. |
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Altcoins are suffering today because developers are not putting much effort, do you remember the effort they usually put when they first started, I mean when they were raising fund? You could see them dong lots of promotion, hiring hunters to showcase them to the word and many more, but how many of them still do that till date, the moment they enter the market, they expect the market to just continue to create awareness of them to the public automatically? No.
Imagine that I have a beach, and after constructing it, I don’t ,market it, how would people know that I am existing, it is until the point where I am fully established that I leave the work to referral, but how many referral do refer them to new people? Altcoins projects needs to do more campaign, that is it and they will bounce back.
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In the last two days Bitcoin has decreased and even reached prices below 10k, but could this be the beginning of a great pump that will soon happen?
or is there really a more realistic reason that affects the current price decline?
it always a great news when every time bitcoin pump constantly. But unfortunately no one knows if it will go further because of some factors that always occur suddenly . I suggest don't expect too much mate and always be ready to jump out 'incase if it plunges back again 'cause you know opposite scenario always happen without knowing . so always think for your saftey because that's the most important nowadays. Expect the unexpected! Any surge in price of bitcoin was an opportunity for it to continue to break barriers, but the life span of that surge is being shortened by most of the people that are doing shorts in the market, so they always pull the price down, but you know that it will get to point where as we grown, those who are doing that will be missing the opportunity to buy back when it surges back and the we see that one day, one big money that enters the market will make it to rise further to break those barriers. I don’t think as a long time investor, we should jump out as you said when we see the price plunges more than we expected, because every plunge is a gift to some people and those people are the ones that will buy the price back to make the market normal again. |
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imo, altcoin is a very interesting way to make profit, but you have to analyze and research carefully to make an investment. If not, you just throw your money thru the window. /insert stonks meme/
Totally agree  do you have any specific standard that when the project meets that standard, you know they are trust worthy? Mine is a little bit unclear  i search for the information about the project, read their white paper. Based on how much the information "make sense" to me. I will make decision. Mate, we just keep saying all we have to say and many off people advising this research are not also following that rule because it is really difficult to spot a bad project even with research, there is no extra method that they use other than what you are using, and none of them can tell me that before they invest in any project that they go as high as going to see the location or the abode of the project team directly for them to see their face and hold them when they scam. Every research is still base on their whitepaper which would not completely tell us about the team, we just still have to research and then use of gut instinct to follow the one we research on. So just do the little you can do and just make sure that any project you want to invest in only takes the money you can easily let go. |
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investing now or waiting is your decision to see price movements, but in my opinion personally now is the right time
BTW Which coins will you choose for investment? bitcoin or altcoin?
I don’t think that waiting to make decision whether to buy now is really working in crytpomarket, especially now that most market are already at bottom, and bitcoin just started rising, at this point is when any sudden increase can occur at any time, and the best way to prepare for the unexpected surprise is to buy now. This was the waiting that many people waited when bitcoin was $4000, and they were contemplating whether to buy then or they could still get it cheaper believing that it will get to $2500, it was just overnight that bitcoin changed its value and that was how many of them lost out of buying that low, but the chance to buy low has not completely gone and I think that it is still very cheap to buy now because of the great increase it will have later. |
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Most of the time users get into gambling when there is immediate need for money. Long back they would've spend on gambling and have won a little. With that hope and not analysing much about the risk starts spending. This further turns to be a spending to recover back the loss. As in the quote lot many ways available for increasing the holdings, gambling too is one among the same when played understanding the limits.
It's not just for people who need immediate money who visit gambling places. After gambling becomes a lifestyle, someone will visit it as often as possible. Btw, I found a strange habit from gambling addicts. It seems that lose is the only goal they want to achieve, whether they realize it or not. Why? Most gamblers will quit after they have no more money to bet on. Meanwhile, when they win, they continue to gamble until they lose everything. I mean, as long as gambling addicts have money, they will keep gambling and they will stop after they are broke. Controlling our greed will become a must if we don't want to be such addict. I feel no one is above being addicted in gambling, this is the reason as a player will must always understand our limit. Before now, addiction is always blamed on people in need of money or desperate gamblers but the number of addicted gamblers I have been opportune to meet this days are those who even played for entertainment, which means it’s all about self-discipline. Besides what happened to the OP can also be linked to self-discipline because I do not understand why a player would be so blind to knowing that gambling is not an alternative to Bitcoin. Regardless how bad or the condition of cryptocurrency, it’s still more stable and better to be trusted than gambling that is unpredictable. |
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^^This is more about reputation than just getting watched, it is not about who watches the matches or who sees the jersey sponsorship, its about how big sportsbet looks when getting a partnered with a team like Watford.
You can actually afford to sponsor ALL teams in 9th tier for the price of just one Watford I am sure, even if not you can do a whole league wide name sponsorship that would be pretty close I think, however I would rather partner with Watford in Premier league than having a "sportsbet essex league" type of whole name. That is why I think how many view the games is not that important, having the reputation of a credible big known sportsbook all over the world (lets be honest premier league is watched globally) is more important than viewership numbers.
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I think the "instant withdraw" is not about you getting the money right away, its about casino sending right away. So, if you got the money in 12 hours but the casino sent it as soon as you clicked withdraw then there is nothing they can do, its about blockchain.
Of course there could be some changes to fee structure both on casino and for blockchain in general as well, for example if you pay a lot of fee it will pass much more quickly, if you do not pay any fee however it will probably comeback or will take days to reach. Hence long story short maybe windice could have a fee structure like erc20 tokens where you pick "fast,normal,slow" options and choose how much you would like to pay or even manual. I feel like it would be useless workload and we don't need it but nobody would mind having it neither.
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In my opinion I think the price of Bitcoin plays an important factor to how the crypto gambling industry will do. You need to understand that a crypto bear market is not good for any industry. In 2018 look what happened. Many companies had to shut their doors or claim bankruptcy, many more had to lay off massive amounts of people. People began to call the crypto industry nothing more than a pump and dump scam or Ponzi scheme. People were leaving gambling sites and users were falling. I remember how lowtraffic the gambling category had at the beginning of 2019 compared to now.
If BTC breaks $20K then I expect another rush of new adoption and more people being introduced to crypto gambling. When BTC broke $10K a few months ago, many celebrities who gamble like that guy Norm McDonald tweeted if it's possible to play Poker with crypto. That is called adoption and it only happened because BTC was rallying. When BTC was falling and falling, it would scare adoption away.
I think those people you claim that left only happened because it was a dump and not a pump, there was a ton of people who got into bitcoin and lost money which is of course causing them to leave the crypto as a whole and not just gambling, they weren't leaving gambling and continue trading or something, they left because they were leaving the crypto scene all together. Now, if we are talking about that kind of HUGE movements then yeah you could be totally right but on regular days like this when bitcoin could be 8 thousand or 12 thousand not much would change since not that many people would leave the crypto scene, maybe a few but they would be small enough to not matter. That is why I think it is totally correct that changes like 10%-20% up or down wouldn't affect it that much. |
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If you want to trade with a reliable exchange you must look and check the latest top exchange at the coinmarketcap.
At least with these platform you can minimize you risk and lessen your doubt about using the reliable platform.
Not a bad advice and not a bad idea, but I ask you, how do we want the new exchange to grow then? Imagine that you have passion to own an exchange, and then you have tried everything possible to put all the features that would make people’s trade on it a success and then you release it, who will test it or use it or start it to make it begging to expand if we want everyone that comes for exchange to always go for top exchange. These top exchanges are already big and honestly, they don’t need us again, it is high time that we stop creating monopoly for them on our own and then embrace some of this new exchange that is good. We just have to research and make sure that the exchange is a trust worthy one, that is all, and then we give them a try if we find them worthy. |
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I recently started to trade cryptos full time after I got sacked from my regular job. But, it is very difficult to finish up a day in profits. I am already I have lost almost 10% of my initial capital (which is a small compensation from my previous job). Now, I plan to go back to any regular job by keeping crypto trading as a part timer.
Being a full time trader, has not worked for me too.
Being a full time trader requires lots dedication, and you also must have gained lots of experiences and we know that the best teacher is experience, from experience, you would have had some failures and done lots of research to see how to tackle such failure in future and one of them is what has happened to you, as you have lost 10 percent of your trade, then you have to look back into your activities and see exactly where you got it wrong then look for another strategy you can use to correct it by trading with same amount through the demo traders, and that is how you become a full time trader, but you decision is still right to look for another job while you make it a part time job, you will still be able to make money through that also. |
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I like your selection of alt coins, except for TRX. I seriously wouldn't invest in anything that Justin Sun is involved in. Too many lies, broken promises and delays. Also, when U.S. traders exit Binance on 12 September, the price of TRX, BTT & WIN will be affected.
I guess is lies is really gaining him lots of attraction because the rate at which TRON is really gaining so much popularity is really impressing but if we are to keep sentiment aside, Justin really came up with a unique technology also, he might have been lying to create popularity for himself and hype for the coin, but at least when people get to accept the coin, they will see that it is not just an empty vessel. So, I think that TRON too is also a very good investment as it has lots of great future ahead of him, forget about his lies, but look at the technology of the project itself, you would find that it is a project that will be a successful one in future when it becomes massively used. Other projects the op mentioned are also good and they basically form part of my portfolio also. |
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I will continue to look at the team's performance and see their roadmap, if in fact it all does not work I feel it will be difficult to rise and only the loss we experience
They actually have a very wonderful team performance and to the best of their own knowledge and strength, I think they are trying, probably they need more innovation, although we can only attribute the reason why they are not growing to the general bear market for now, and I think it is high time that we stop picking on some of these coins individually also. What effect these two coins, also affect the thousands of coins that we have listed in the market and only bitcoin has been the only coin that has successfully come out of bear market this year, and the same manner that bitcoin used I coming out of bear market is the same pattern that believe other coins too will also follow when it is time for them to have their upcoming bull run. |
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If ICO wasnt been plague by scammers acts ICO will way better than IEO, ICOs are programmed to run on the projects very own website and no any third party involvement at all so any fund raised will go directly to the dev or project team, no loss of funds to scam exchanges,after some successful IEO fund raise on some exchanges they dont bother to send the funds back to the project teams
I don’t get what you are trying to say, because IEO is a new system that is not even up to a year old, and the real scam that destroyed ICO is that one conducted directly by these developers, prior to when IEO platform was introduced by Binance, many of us only buy tokens directly from these developer’s website which after they raise fund, they disappear from the industry, while some of them refuse to enter exchange and we had hundreds of them between 2018 and 2019. It was this that made Binance think of using the IEO platform to filter bad projects from good project by conducting a thorough research ion them first, but unfortunately, I guess that exchanges re beginning to defraud too like you said which would really be a bad thing for IEO. |
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If Facebook is really building a blockchain, then I think that they are already digging their grave already, except maybe they will regulate the blockchain and any project that will want to come through their chain, because we can see what is happening to Ethereum right now.
If they don’t regulate their blockchain, there are going to be lots of shit projects for sure. But, the way I’m seeing it they are going to be regulating their blockchain. Facebook is a big company and I don’t think they would like any of such things staining their name. Because, if they allow such things to happen then it’s going to make a lot of people hate them for it and that is going to cause them a bad business, which I’m very sure they wouldn’t like of course. But, we can’t tell the future, it’s still a long way ahead… so till then we will get to know the full plans they have for this their Libra. Whatever blockchain that Facebook is building will be very similar to the services of Ethereum also and if that is the case, they will surely affect the existence of Ethereum But, this is not the future I want. Libra is a stable coin and I want it to be a future on stablecoin industry and not into smart contract areas. Dual functionalities may lead to misunderstanding of application of libra which is more dangerous one as it directly affects new adopters. |
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The best time you can trade and win big is when market is surging,especially when you are using bitcoin to trade you will easily earn good profit if you know how to use candle sticks,i was able to earn hundreds of dollars when bitcoin was at 9k and something tells me bitcoin will make it back to 10k so i start trading and i was right all along,bullrun time is the best time to trade.
Yep you’re right about that, that’s the reasons why everyone always talking about when there will be a bull run, because they know how much they can make during the times like this. But, you can still make money from trading during the bear times, the only difference is the amount you can achieve during the bull run is bigger than what you can make during the bear times. Bear times are best for those that plans to hodl for a long term, they can invest the money and leave it for as long as it takes for the bulls to arrive and when it is time for bull run they will start to make profits. That's right. How will one realize it's bull time? May be trader should not be great and happy with profits and exit when they are in good profit.
There is nothing difficult in telling when there is a bull. When the bull comes you don’t even need anyone to tell you that. It’s just like what happened around April to June. That was a period of short bull, as the price moved from $3000 to $13000+. The pride has been stable recently and we are still expecting another bull to take place before the end of this year, maybe before December. Some has also predicted 2020 as the year, cause of the fork that will take place then. |
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Relax, you don't have to be paranoid. You can keep your bitcoins into hardwallets. Download one in playstore if you are using an Android phone. Trezor is a good one. There are a lot of video tutorials in youtube for you to learn the step by step guide how to transfer your bitcoins into it. Paper wallets for private keys, passwords, phrase etc. That's also an important thing. Hold bitcoin until you decided to sell them at your target high price. Goodluck, buddy.
I believe the aspect of not losing that he is talking about is actually not only the aspect of security if I may get him right, but losing the value of what he presently has is another thing that is needed to be out into consideration also, yes we could use all these wonderful wallets to protect the coin because they are still the most reliable means for really keeping your coin safe. What happens to the huge amount of money he already has now at this current bitcoin price, nobody knows the movement of bitcoin yet if we will have more decrease or more increase, so he will definitely loose the value if the market makes a dipper correction, but he might also be lucky that the market will go full blown bull, but I would have preferred that he keeps only certain percentage of it in the wallet you suggested. |
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