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41  Economy / Trading Discussion / Re: Long Term VS Daily Trading on: October 31, 2019, 02:05:14 PM
Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.

Best Regards

CHRIS
First of all, consider the volatility in this sphere and the high probability of losing in both trades and never start trading without having enough information. Also do not start until you overcome the fear of losing.

Short term trading is not the kind of trade an inexperienced person can do. Much more risky. But long term is just about the wait, you wait years for the right time. Also, you spend the effort in long term trade by researching until you invest. But, in short term, this research never ends. lol
Yes off course trading is a game of experience, knowledge and tricks about the market, if a person knows all these then he can do any kind of trading whether it is long term or day trading, but I will recommend long term trading for every beginner as the level of risk is much low in it as compare to day trading, day trading needs the experience of years.
42  Economy / Trading Discussion / Re: Buy now or wait for Bitcoin? on: October 31, 2019, 01:23:18 PM
why waiting for buying bitcoin ; halving comming and prices can go to moon ; price can pump to 15000 usd per btc at any moment . who now if we are in bull trap or no?
i think everytime you wait for buying cheap in the end you will buy at expensive price
everything below 10000 usd per btc is good for invest
As long as I have experienced the situation of market, I would say that the market situation is in the bull run now, so waiting for the fall in price would be a little foolish because I do not see any big dump in the market in coming future instead the price will increase up to $15k or more after halving, but even if the price decrease then that decrease will be very little which will not make any difference for investors.
43  Economy / Gambling discussion / Re: Does the discipline help in gambling? on: October 31, 2019, 12:31:30 PM
a strong character knows how to accept defeat whether if its small or huge  . strong character does not limit himself to gamble because if he do that , that will only make him afraid to loose or weak when it comes to risking himself on playing a gambling  .

discipline i think dont help too much in gambling because itll wont make you win when you wanted to win big because you are controlling yourself to bet more or to bet big   .
I also don't really understand why discipline can help you in gambling because when you play gambling, you only determine your victory or defeat when you start. the thing that might really help you in this regard is your readiness in losing your assets  Tongue
You should learn to be a Gambler first before commenting such stupid message,why not try to read at least few post above you to find what others says and you might find ideas about what discipline can do for a gamblers success or failure
oh, I just realized about the discipline in question. I think it's like doing daily gambling, and doing it in a disciplined manner like on time or as much as possible. if it's disciplined to contain emotions and fraud, it might be helpful. because of that, I write that patience is everything in playing gambling, so I say that what needs to be prepared is the risk of defeat because not everyone can withstand it and can cause excessive stress.
I'm sorry if I blindly mentioned the discipline that was in my head. I just couldn't think it between disciplines like being on time, and playing gambling.  Sad
Yeah patience in gambling is very important as it do not lead a gambler to be addicted, as impatient gambler on his losses will always try to gamble to recover his losses and due to which it sometimes lead to the addiction of gambling, and this addiction always proves worst, the addicted gambler left with nothing at last, so a gambler should have enough patience to deal with stress of losses.
44  Economy / Speculation / Re: Do we still expect a repeat of 2017 ? on: October 31, 2019, 11:48:24 AM
The year 2017 was a golden year for bitcoin wherein it got global attention after the crazy pump in it's value but are we still expecting a repeat of 2017 for the end of 2019 or beginning of 2020 ? Do we have any concrete proof that we will experience bull run apart from the bitcoin halving ? We expected the same last year but ended up in disappointment and will it be wise to expect the same or we can expect a decent pump if not multi fold increase in the value of bitcoin and altcoin ?

Honestly upto now bitcoin is still recovering from the last year downhill that made the price of bitcoin lowest or lower, lots of speculation of some users their assuming that bitcoin is over that the bubble of bitcoin just popped, even me though i thought there would be no hope but i quite shock until now that bitcoin is now recovering and coming to its price back and sooner or later, mid summer of 2020 we can assume there would be a bull run since lots of factor that technically can affect the wide range price of bitcoin.

I think at that dump of bitcoin everybody was very shocked and due to which a lot of people were very disappointed and thought that bitcoin is finish and sold all their bitcoin, but still there were many people who remained calm and hold bitcoin because they were sure that bitcoin will recover again and bitcoin will rise again, and now bitcoin is coming back to its price again and in the year 2020 or in the end of 2019 the bull run will stabilize the price.
45  Economy / Gambling discussion / Re: How to restrain yourself at a small loss and not spend money. on: October 30, 2019, 08:31:50 PM
It is hard to control, but most of the time, you need someone to accompany you that will remind you that you have done enough. Basically, deciding all by yourself will be hard in terms of gambling, most of the time we have the feeling of continuing even if we don't have that much balance, as a result, we lose everything. If we can't control ourselves, others might do so. But for me it seems impossible to have someone just to remind us about it. It is much efficient if we really do practice self control and discipline.
I am glad you ended it very well, nothing beats us having self control and knowing when and how to put a stop to a game because depending on someone to control our gambling habit is absolutely a weird act and this will definitely be an unpleasant method for controlling losses in gambling.

I have been fortunate to see few  gamblers that thought using a third party to control their unhealthy gambling habit would be a way to stop loses but they later realized it’s not a solution at all because there are times you feel like gambling and the person that accompanies is not available. The best is just to learn it and its only by self-control or self discipline.
I think the third party play a very important role in gambling habits and it is not weird to interfere the third party as they will always guide you in case of your bad habits and gradually you will get trained to control your habits and also they will not allow you to lose all your income, so at the beginning let the others to control your habits in gambling and then learn it yourself.
46  Economy / Speculation / Re: BTC 20,000 USD by the year end. on: October 30, 2019, 07:48:16 PM
Bitcoin have more the 20k USD potential on further years, But we don't predict it will reach on end of the years. Because still is not a cross the 10k USD so peoples are think it will reach 13k USD on this year. Already it was cross the 12k USD one month before so everyone believe the Bitcoin potential. Automatically Bitcoin will raise on further years so we can't predict the future value.

Bitcoin is not predictable how much will be achieved by the end of this year, for example a few days ago bitcoin rose significantly in 24 hours bitcoin can grow again, will this year be like that? quite good news I'm sure the pope will control prices again like yesterday.
Bitcoin has great potential to grow and this can be prove by checking the pump of bitcoin price in last week as it increased in few hours up to few thousand dollars, keeping that pump in mind so we can say the bitcoin could grow $20,000 at the end of this year. Due to this pump the interest of traders and investors has also increased towards bitcoin, so next time the growth of bitcoin will be very high.
47  Economy / Gambling discussion / Re: Donating the Gambling profits on: October 30, 2019, 07:13:53 PM
I despite having a big loss from gambling when it was able to win big. will certainly make a donation and also giveaway to participants. this is done as pleasure and also self-satisfaction. not because of anything else or hypocrisy. maybe if people think that the money from gambling is dirty money, but we make a donation for self-satisfaction or a promise when a big win. no matter whether this is wrong or not
A lot of people think that if they win big then they will donate their profit to any charity institution but donation is something that can be given anytime from any money either it is from gambling or any other money, you are absolutely right everybody donate their money for getting satisfaction of their hearts and in turn satisfaction brings happiness in life, we should not hesitate to donate.
48  Economy / Economics / Re: Is Bitcoin Over? on: October 30, 2019, 06:19:56 PM
I think bitcoin will survive a long way, the best thing is for people who buy the bitcoin at a lower price or even on the first exchange list and also for people who mine it when can mine with a simple pc and hold for long. And most of people are here to make some profit.
Bitcoin will never end as long as there are still many who use it in different ways, bitcoin can benefit its users so that all bitcoin users will defend it well so that bitcoin becomes strong and lasts forever.
The popularity and adoption of bitcoin continues to increase and more and more investors are coming to invest in it and there is a lot of good news about bitcoin that makes bitcoin never end.

I agree with your opinion, bitcoin will not end even though there are some countries that prohibit it and despite a lot of negative news about bitcoin. everyone will realize that as time goes by, bitcoin will be increasingly known to the public. and surely the demand will increase when people realize that bitcoin is beneficial. when there are still more users and requests, I think it's impossible that bitcoin will end soon.
Ofcourse it is impossible that bitcoin will end easily as going to the past of bitcoin we will come to know that bitcoin has faced a lot of difficulty and there were a lot of hurdles in its path, the governments were not ready to accept it but still bitcoin survive in that era, and now is the time of modern era and I think the bitcoin usage has increased much more, every second knows that what is bitcoin and invested their money in bitcoin, so bitcoin will not end.
49  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't give up yet on: October 29, 2019, 07:56:45 PM
yes, you are correct. do not be too pessimistic because of the situation, we must be motivated to always be enthusiastic in every situation. I myself this year felt a failure in trading, especially altcoin. but I have forgotten all that. we must keep thinking ahead, optimistic that prices will surely recover soon. words like you say are needed to deal with the current situation. don't give up, stay patient and always try to find alternative ways to get income.
These fake rumors are spread by often the competitors of particular coin because these are market tactics to ruin the market and image of a popular coin. This is amazing that you did not lose hope and learned from your trading mistakes instead of giving up on crypto currencies forever because you know that this market keeps growing and changing. Soon we will experience good profits from these coins.
50  Alternate cryptocurrencies / Altcoin Discussion / Re: What's up with Ethereum? on: October 29, 2019, 06:07:15 PM
The price of ethereum is no still being manipulated. An update should bring great influence on its price. Nothing has been heard from the team pertaining the planned update, but when that comes, there will definitely be a growth much more that it had at the last ATH.
Though updates bring interesting changes in the project but the price of ethereum is not solely dependent on this update. We all know that the prices of bitcoin have sheer affect on the values of all other altcoins whether it is as popular as Ethereum or any other altcoin. What I am expecting is that in the coming days as bitcoin is showing improvement in prices, ethereum will also start pumping.
51  Alternate cryptocurrencies / Altcoin Discussion / Re: which one is better for you guys ? on: October 29, 2019, 04:53:17 PM
IEO  were accepted with enthusiasm by the community. Now the hype is decreasing. Again, now every new exchange is ready to conduct IEO,because for IEO the project's team needs to pay a large sum. If I choose IEO,I will choose large reliable exchanges for this.
I wouldn’t choose IEO at all now, because even on the large exchanges, now after listing, the price of coins drops by 2-3 times. Only at Binance can give to us some profit, but there you need to hold a large amount of BNB
At times I feel that every exchange has some kind of deal with particular project and they offer interesting deals regarding that project. Like you mentioned binance which wants users to hold BNB in order to use their great services and enjoy decent profits. I hope there would be soon an exchange launched which meets all the needs of people in right way.
52  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency to be used in Money laundering and Terrorism? on: October 29, 2019, 03:59:56 PM
This is meaningless, fiats are used in money laundering and terrorism the most and any means of payment or something valuable can be changed for any thing else, this is so pointless and all i see in crypto FUD
This is an absurdity to believe that money laundering and terrorism are simply funded by crypto currencies or they have increase all this. If we just look 2,3 years back when crypto was not common, back then things were worst than now. Even then money laundering was common and there were numerous famous politicians that were enlisted in panama leaks because of their corruption. That was not done with cryptos.
53  Economy / Trading Discussion / Re: i failed in day trading on: October 28, 2019, 05:19:25 PM
I’ll tell you that in the long run you will lose most of your money anyway. And it does not matter whether it is trading or a casino. Both of these sectors do not guarantee a stable income and failure is achieved by absolutely everyone who has not stopped on time.
While it is undeniable that most of those that try to become traders fail on their quest it is not true that everyone fails, there is a small minority of traders which can make profits from the markets, without a doubt they are the ones that are the most skilled and the ones that have dedicated the most time to trade the markets and to test their strategies to see if they can be profitable on the long term with them.

That being said there is a huge difference between trading and gambling, in most gambling games there is nothing you can do to try to modify the results so they can benefit you, but when it comes to trading there are many things you can do to improve your chances, like learning fundamental and technical analysis.
I think new people are often the ones who make a lot of mistakes because this market is a financial market and needs a lot of good experience in trading. If you are able to make a profit during this time period, you are a good trader and anyone would like to become that trader. In fact, the number of people making a profit from this market is very small because they can not control psychology and often panic sell if the market drops suddenly.

In my opinion, it is best to learn from the top experts because they will have a lot of good advice for you and if lucky, they will teach you how to control profit in this market.

Personally, I consider those mistakes as a motivation to keep going, I know that those mistake will be my biggest lesson that I should learn in trading, yes, it maybe not that too easy to do trading, but one day, when you keep going, you will be thankful with yourself, you will thank yourself in the future.
Slow and steady wins the race and that is the famous rule of nature. The real winner is not the one who apparently is winning the race rather the one who is continuously and patiently struggling is definitely going to earn something extra and precious than fast trader. Always try to trade with small amounts in order to experience different situations that you often will experience in the world of trading.
54  Economy / Trading Discussion / Re: Is it worth for me in my situation to start btc trading? on: October 28, 2019, 04:19:00 PM
if you have that much capital then I think you need to have very high patience to be able to benefit because the price of bitcoin which is currently too expensive makes bitcoin difficult to increase prices.
It is never difficult for bitcoin to increase in values and right now if you check the graphs, bitcoin is showing green signals for upcoming splendid pump. If this guy has decent amount of money, he shall not waste even a second and get hands on bitcoin because in the beginning of next year, it would be really hard for people to purchase bitcoin as it is right now on its track to moon.
55  Economy / Trading Discussion / Re: Does trading fees really matter ? on: October 28, 2019, 03:14:19 PM
seems 0.25% fee is fairly cheap in my opinion. on average, indeed the standard of all market trading fees is 0.25%. if you can get a big profit in one trade then the 0.25% fee will not matter. do calculations when trading (profit/fee = real profit). during trading and you profit (including fees) I'm sure everything is fine and you have nothing to lose even if you trade 100 times a day.
It is not even complete one percent of your profits. Those how are making money in thousand dollars, I don’t think so this is hard for them to pay 0.25% trading fees. We have seen people becoming rich with trading during the pumps of crypto currencies and turned out to be millionaires, they shall rather as homage happily pays this trading fee. Majority does not have issues in paying this minor fee.
56  Economy / Gambling discussion / Re: How do you know if a gambling site is scam or not? on: October 24, 2019, 04:28:54 PM
I wonder how you do your research if a gambling site is scam or not?
I only gamble in a reputable gambling sites like the popular ones here in the forum. Usually I check the reviews on what could be the possible problem I may encounter especially when it comes to withdrawal.

I dont gamble in gambling sites that is not popular because its more risky.



This rule should apply in every field of life where people know that they may trap into scam and this rule always proves helpful for everyone because the popular site are always genuine and scam-free, they will never do any scam in order to present their bad image and to destroy their status, and I think getting into new sites without any investigation will be very bad.
57  Economy / Gambling discussion / Re: The secret of gambling? on: October 24, 2019, 03:15:45 PM
There has no secret of gambling it's a matter of complete luck. If you are lucky enough then you will able to make a profit from gambling but if your luck isn't good at all then you can't make anything from gambling. One more thing you shouldn't be greedy in this section otherwise you will lose all of your money.

My friends and I sometimes go to play the slots and I noticed one peculiarity. Most often, those who do not care about winning win. Luck loves those who come not to earn money, but to have a good time. I've noticed it many times.
Yeah for sure those who  don’t take stress to win they mostly win because for winning in gambling needs a calm mind the only secret according to me for winning in gambling is to play with small amount and don’t spend huge amount suddenly try to gamble with fun and timely increase your amount but keep your greed away.
58  Economy / Gambling discussion / Re: If You Win Big Will You Remember Your Losses on: October 24, 2019, 02:05:57 PM
Losing in gambling is like an unforgettable moment, so no matter how big we have just won then we will always remember about past losses especially if we lost big amount in the past. The most important thing is that we should not regret our loses too much so we can enjoy any winnings that we got after the lose.
It depends to the players if they are going to forget to their losses because they have players who are not easy forget their losses from the past and every play gambling they have goal and that is only to return back the loases but instead of that their losses become big because they are playing more to fill their traget but they losses because gambling is very risky if you play more.
Obviously it depend on the players whether they could forget their past losses or not But I would say that if a person win very big then it useless to remember his past losses because remembering losses at that is nothing but only a tension, I think that winning time for the gambler is to enjoy and celebrate his winning.
59  Economy / Gambling discussion / Re: How Often Do you Bet on Politics? on: October 24, 2019, 08:49:32 AM
Politics seems predictable most of the time but looks like few people actually bet on it. Example, you know Joe Bidden has probably 50% chance of winning the Democrats primary. What stops you from picking and betting on that? Do you bet on politics and what are your winning stats.

Some time around October 2016 after the Access Hollywood tape was released, a certain betting site gave 108 to Trump winning the election. I believed strongly that Trump was going to win despite everything thrown at him. I had $5,000 and wanted to pick the odd. Somehow, I didn't follow through. That could have given me over half a million dollars in winning.

How often do you bet on Politics? Any reason why most people don't really bet on Politics? Do you know any trusted betting site that offers good odds in American Politics?

I agree with your point of view. Betting on political events is a fun way to bet and I think it's often easier to win compared with sport betting.
But unfortunately bookmakers are more prone to offer sport betting than politics one. So it's not easy to find a reliable bookmaker for doing that.
For me it is not so easy to bet on politics because it needs special kind of skill to earn your bet. People like you use to enjoy it but I am totally surprises to see that how people earns in something that have no idea about. Politics is all about predictions and people's idea about the candidate that either they will vote or not so it’s not easy.
60  Economy / Gambling discussion / Re: Donating the Gambling profits on: October 23, 2019, 02:04:23 PM
Have you ever thought of donating the gambling profits to a charitable cause ?  Sometime people won a big lottery or very high amount of money from betting & gambling games.  Do you ever thought of being generous and helping the poor with this money ?

i'm not a gambling pro, i just played little on the dice a long time ago and i wore my altcoins that no longer had any value, it was just for fun. but i can say i wouldn't make donations in case i Make a lot of money from gambling, because in gambling we have to be aware that one day we can lose everything we have. if the person has a stable income source then it is okay to donate


Just do not think that you cannot donate money to any charity using gambling money, it is true that gambling is not a stable income but if you win big then you should not be too miser to make donations. And the other thing which you worried about that one day you will lose everything then listen, you do not need to use all your money in gambling so by doing this you will not lose everything.
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