Hi I am just new in the trading, I just want to ask how to overcome my fear in trading and what should I do to start trading. I also want to trade with a short term cause I need to earn daily for my daily needs can someone help me and give some that I used to start my trading now.

Hi guys!
It's often discussed here that you can't make any money from gambling, but in general it's just not true. House edge is usually quite low so the most of the money go back to players. Of course some one wins more than he bet, some one wins less and loses in the end. It's all about luck. I am sure that the most of you was lucky at least once and made some nice money. So my question goes here: How did you spend this money? Did you buy some presents for your close ones? Did you buy something for you? Did you invested it, saved it or even put back into gambling (and then made even more or lost it?)?
Share your stories )
Cheers,
OshiHugo

Do you think it will be the best time to sell as there are two kind of speculations one says the value of bitcoin will reach $20,000 by 2018 and there are also speculations that the bitcoin might go through a dump in upcoming days but i know we cannot believe into random predictions by random users due to the volatility of bitcoin but i need some suggestions whether to hold on to bitcoin or sell it out and invest some of it into altcoins and then wait for the price drop to reinvest into bitcoin which i am not sure will happen or not.

Questions  for I want to know for trading

1. What are the strategies of long term trading in:

-Bitcoin ?
and
-Altcoin?

2. Strategies of  when it comes to short term?

_______________

3. What are your strategies you learned and what are your own strategic plan to trading bitcoin and altcoin?

4. Which are the best when it comes to trading?

5. When joining a ICO is it an Trading? or just an investment? sorry for this question if its wrong, I just saw links at my facebook accounts about trading in ICO that I think is an ICO. Never thought to click it because I was been hacked before and traumatized here.

I saw a lot of news in the media about the price of bitcoin.
and they predict bitcoin can go to the month again in December 2018
and there are some media that say the price of bitcoin will go down and this news makes investors afraid to buy bitcoin.


do you believe the price of bitcoin will rise?
or believe the price of bitcoin will drop!

Guys, I know that many of you have already discussed this issue regarding quitting gambling as it is addictive, and I know that this thread is just like any other one. But forgive me because I am really sick of seeing people committing suicide because they are in big debts. I would like to speak my mind.

So, guys. Quitting gambling has to be done by quitting yourself. What I mean by that statement is that you should no longer be yourself or what you are. You are now a man of greed and addiction. Who was the person you were before you start gambling? Perhaps you were addicted to something else. Perhaps you were just a normal man living a normal life. Now you are a different person. What I want you to do is that you should be aware that gambling too much will make you lose yourself. Second off, you should sit with yourself and write down the negative effects of gambling. Do not be like "What if I win next time, what if I get lucky next time." No, that is not you who is talking but your greed. Do not give yourself false hopes because "What if" is a term used to talk about unreal action in the past or the future. You can neither change the past nor be accurate about what future will be like.

Then you should practice positive self-talk. Fill yourself with positiveness. Have a strong willpower and determination because believe me, once you are committed to something, you will attain it. If you want to give up gambling, then you can do it because other people and I gave it up.
I used to gamble a lot with my friends and I would be lying if I said I did not learn many things. But the negative effects overcame the positive ones. I took a decision to stop gambling. I filled my time with various activities. In time, I started to forget about gambling. It is like moving on. If you want to move on, get yourself from the routine you used to be in. Your brain is functioned about a certain routine. You will find it hard to adapt to the new routine, but believe me, in time you will get used to it.

I hope you guys achieve what you aspire. And I hope this thread will help you, even though I am sure I am going to get negative feedback. But it is okay, I am open to everything. Have a lovely day, Hadoooken!

So with how much bitcoin and all the altcoins are down, is it even possible for any trader to make any money?  Example let say this.  You buy btc at a very low price due to these dips.  Now you could either keep btc or buy altcoins with it.  Now the market goes down every single day.  First off, does anyone know if btc or any altcoins ever have a day where the prices drop every single hour?  Or is that impossible?


Anyways, with how much all the coins are dropping, is it even possible for any trader to make money on days or weeks like this?  Im thinking its only possible if they make sure they sell it at the right hour and minute etc in order to profit.  But of course if they are down almost all day, how is it even possible for anyone to make any money?  Sure when the market goes back up in a while, and the price gets higher than they bought it at and now they sell, the profit.  However, the same ppl who hold the coins will profit as well.


Because doesn't it seem like there is no skill involved at all it seems?  Because if the market is down for a long time, what percentage of traders are even making any money when the market is down?  Of course if you got a coin at like 10 cents a long time ago and then it went to 5 dollars... and now because of this.. its now down to say 1 dollar, well you are still up money if you sell it now.  But the same ppl who got this coin probably got it at over 3 dollars and lost a huge percentage of its value.


So is it true almost everyone loses money when the market is down?  And almost everyone makes money when the market is up?  Because if btc goes up, the alts follow.  BTC drops, everything follows.  Its like there is zero skill at all almost.   Such that yes when it goes up, some altcoins might go up higher than others.  Also why do certain very good altcoins drop when btc drop if that project is very good etc?  Yes i know you need btc to get that coin and vice versa but its like its either everyone wins or everyone loses.


So right now market is down a lot especially for those who bought not that long ago.  So where is the skill here?  Its basically when to sell and when to buy right?  However, when market is down like this, who is damn making any money?  Because isn't almost everyone losing money?  The only ppl that i could see that likes this huge dip are those that have usd/usdt ready and picking when to buy.  Of course they could have waited till btc was 8k and thought great i buy now or buy alts and each of these already lost a lot already.


Who is making any money now when the market is down?  The ppl who are selling?  Surely not since the price they sell now is much less than before.  Also just curious but does this apply to stocks and forex trading as well?  I know that well stock market goes up, doesn't almost all the stocks all go up it seems?  The same can be said of forex or am i wrong here?  I only know forex is money trading with different currencies etc.  Because when you look at other things like poker or sportsbetting... someone is winning and someone is losing.  Also to anyone that bets sports or knows about sports, you might hear how all the wise guys are losing money.  Wise guys are sophisticated sharp bettors that are much smarter than your average joe.   That average joe most likely bets very square picks... meaning like obvious public teams etc.  However, the thing is the public does win.  And when they do that, sportsbook would lose money.  But usually they get it back and the average joe loses it back betting very public plays and the sophisticated bettors aka sharps win again.  However, i heard of sharps having really bad seasons etc.



So based on that, doesn't it seem like crypto trading is basically everyone wins or everyone loses?  Because in sportsbetting, yes the house does win and they house could also have a losing streak.  But eventually they win back the average joes money.  But if the average joe gets lucky and goes on a huge run whether betting favorites or underdogs or whatnot, its possible for him to win for a long time or lose for a long time.  Also let say you have a few players who are sharp sportsbettors and a few average joes.  Well if the sharp guys are winning, most likely the average joes are losing.  If the sharp guys are losing, average joes are most likely winning.  I say this because they usually play opposite plays most of the time.  But no matter what, someone has to win.  Whether its the sportsbook or the bettor.  Also in sportsbetting, there is something called live betting where its like trading.  Basically you can bet on either side while the game is going on when odds change always etc.  But when you live bet, if one player bets this team while another player bets another team... remember each of these players are betting against the sportsbook, one player will win... the other loses.  Thus that is where the skill comes in.  So does anyone here feel like the market dictating winning or losing is just stupid?  I mean if market is down, who is making any money?  Its like ppl say when there is a bull market, everyone thinks they are a genius.  Well if its a bull market, the only thing you have to think about is okay i will buy btc but should i exchange it for altcoin or not and which one.



Anyone here have thoughts or opinions on this?  I got excited about cryptocurrency and trading and wanted to do it.  But now when i look at it, its basically look at the market.  There doesn't seem to be any skill in it.  Can anyone here correct me with any of my statements especially if i made any especially in sportsbetting?  Thanks.

Patience in most humans is not easy to control you? I could remember some guys that nearly got burnt due to impatience. Market is not really easy and where by in the case you are using little capital in trading that's where it will get wores.

I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

In Trading, there are two categories of people, those who want to increase their bitcoin volume, and those who want to increase their dollar volume. Which one do you prefer?Why?

Why is someone get addicted to gambling once he gamble ?

Hello Guys
I think, that will a BTC in next one or two months going down but, no so much, and then coming next jump. But this time, I think it will take longer and maybe will come also a new record resault. I will appreciate an expert comment.

The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account

i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.

The fiat system will no longer exist with the system base on debt, developed countries are technically in bankruptcy a nation cannot be sustainable with a system base on debt.
The crypto revolution is something that will be an astonishing accomplishment and replace the power of printing money from central power. this new generation will not use fiat money anymore and will have tokens in many wallets from the decentralized world

the world will not be the same anymore and everyone on the planet will have the same opportunity to participate in the global Economy.

In my books bitcoin is one and only no matter what people say and or how they try to manipulate situation. I KNOW what bitcoin is what it stands for as for rest ... meehhh...
I will take into consideration something else when I can exchange it 1 bitcoin = 1 (something) .... but until that day Bitcoin is the king baby  

What is your recommendation for Crypto trading,  Day trading or HODL
Experience in crypto trading big loser or winner

Establishment commentators tend to blame every financial crisis on the "bad luck" of a whole host of factors coming together to create a "perfect storm."  What they "forget" is that the incentives of the modern system always drive the elites themselves to destabilize their own system.  Not sometimes.  Not most of the time.  Always.

They will say that the 2007-8 crisis was a combination of the US banking deregulation of the 90s, the US political agenda of moving poor people into home ownership, the poor financial oversight by the George W. Bush administration, the 'global savings glut,' the existence of a shadow banking system in the US, the loose monetary policy in the aftermath of the dot com bust, etc. etc.  All true.  What they forget to mention is that, if it were not these factors, there would be others (stock buybacks anyone?)  If it hadn't happened in 2007-8, it would have been later.

Only looking at the top of the world system, ie Britain in the 19th century and the US later, we can see that:

- There was a financial crisis in Britain roughly every 10 years from 1810 to the 1860s.

- The British Empire bought itself a couple decades by making gold the only money, and not silver.  (Thereby making itself rich at the expense of silver countries -- not unlike what the US might be doing with crypto-currencies today.)  But in 1890 a financial crisis in London made it necessary for the Bank of England to be bailed out by gold from other central banks, the first time in history.

- Soon after world-leader status was moved to the US, in 1929-31, the Great Depression started with a series of financial crises.

- Though the bloodshed of World War II bought a few decades of stability under the US, it was forced to renounce its promise to allow foreign governments to redeem every $35 for an ounce of gold, in 1971.

- The 1970s global crisis of confidence in the dollar forced the US to pay 20% interest on 30-year Treasuries by about 1980.

- The US stock market crashed in 2000.  By 2002, the NASDAQ had lost 78% of its value at the peak.

- The entire world system teetered on the brink of collapse in 2008.

Remember that, we're only talking about the top of the world system, which is the most stable, by design.  (Paper pound sterling in the 19th century and dollars in the 20th were the world's top reserve currencies of their day.  Every effort is made to make other countries fail first -- e.g. the emerging markets crisis of today helps protect the value of US money and debt.)  Further down the ladder, there were many more crises, plus conflicts and wars.

So the long view reveals the truth.  And the truth is that you can't escape the perverse incentives that make individual members of the elites want to profit or prop up the system today by storing up even more trouble for future elites.  These incentives come directly from the system's core nature of theft and deception.

If we listen to mainstream economists, the reason for recurring crises is that, for some reason, people just want to keep losing money.  They keep chasing risky assets whose high values have nothing to do with being propped up by state-bank-elites.  Right.

This system also punishes prudent people who put the most trust in its promises and its official narratives.  But we have a long-term defense: buy gold, silver, and Bitcoin!

I have seen the crypto market for last 1 year and the last 6 months are not so good for BTC and Alts.
The total market cap is going down and price of BTC is pumping and dumping again and again.
What should we do now hold or take a exit and wait for more drop ?
 

What are the differences between online and traditional gambling ? Which you like the most and why ? In my opinion both the types of gambling have got their own advantages and disadvantages. You can try both for some time and then choose one based on your convenience.

Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.