It is a risk vs reward system of money making. Will not call it a job unless someone is doing it for earning their daily bread, or they are paid to trade on behalf of someone like a financial advisor/investment bankers.

Its not just crypto market, without skills you wont survive in any sort of job. If you are learning something new, unless you have a passion for it and are able to develop the skills, it will be job that you will hate. Now trading is a bit different here because there is a risk involved and in a job the risk is lesser.

There is a difference between betting on prices and buying/selling assets. The second one is spot trading and that is less likely to be a gamble if you do your research first. The futures and options market are more of a gamble, though analysis helps.

You can take a break from putting money into anything at this point too.

Nope, because investing in altcoins does not have similar returns as per investing the same in bitcoin. I stand with this ideology because altcoins have always "followed" when bitcoin has shown rise without having any organic growth of its own.

Take LTC for example. Have you see any growth in it coming from real development in their mode of transaction, scaling or merchant acceptance? The last pump I saw leaving out the Q4 2017 pump was the point when LTC halving happened.

Take ETH, which was created to be something new with its dApps. Although its founder seems to be optimistic about DeFi, there has not been any development on ETH at all in the last 2years that is groundbreaking or even worth discussing.

Dont even talk about XRP, hate to say this but ripple is a centralized coin and this goes against the basic principles of cryptocurrency. There are people who are controlling it and if you are fine with that then its ok.

Try putting in money into altcoins at this time and same amount in bitcoin, considering you actually sell at the pump only then you will get some profits off the books but good luck doing so.

Banks need customers you know. If you think the banks dont know what you are doing with the money then you are mistake, they already know, but then you still fall into any trouble. The reason is that banks know that gamblers are also good customers for them. They will need loans from time to time. Deposit some big wins if they are wise enough and so on.

Hence lending organizations keep close contact with gamblers as you can understand one needs the other to survive. Tax purposed may be a different issue here since that is pertaining to the government and its link with users money. If bitcoin becomes illegal then you are at risk of using it, though most countries are not doing any such thing yet.

Actually you cannot blame any analyst, some people even think of suing them but again it is not possible because they have a disclaimer that it is not financial advice.

So why do they provide any such info at all? Because it is all guesswork and some bits of oddly done TA at best just to make the fools think that it is something worth reading every evening and provide some traffic to that news site.

Social media is the worst place to get trading advice or investment advice. Being the breeding ground of conspiracy theories and shills reddit is the no-go place for any crypto user and twitter is spammers paradise.

First thing first, the spelling Portfolio and not "protfolio". Not sorry for being a grammar nazi

Second considering cryptocurrencies to be one sector as per popular demand and not what I prefer, this approach can be used for managing different coins. However my experience has shown me that investing in altcoins is a waste of time and money, however big or small it might be. Thus if you want crypto in your portfolio, keep a 100% Bitcoin, the long term value is way better than any altcoin.

Next to manage the portfolio add in more sectors different from crypto, like stocks, commodities, bonds, metals. Do not try to put in more money into altcoins, but into sectors that have been known since centuries to give returns. Although some people may disagree, risk management is better done in this manner.

"Every" market wave does not need to be followed. That would be overdoing it. But I cant speak for the day traders though. They have bots developed just to hook on to every new bull wave and ride to before selling, all done by the bots. It is not profitable everytime but the total losses weigh smaller than the total wins.

If some trader feels that trading is taking out too much money and time from their lives then they should stop trading. Eventually they will come to understand the reason why it was so. Most of the time I have seen people cry is because they jumped on the market when it was the incorrect time. This happens when you dont do your chart analysis first and are in a hurry to invest.

Essentially the answer to your OP question is infinite. You can get as many reds/greens as the universe can give on any betting streak regardless of whether it is martingale or not. This is called luck and you cannot use martingale to evade your bad luck. If there was such a method then casinos would have gone bankrupt a long time ago. A real martingale assumes that the bankroll is infinite and that the maximum bet outcome is infinite too, which is false in real life gambling and so it will fail at one point, which site is the game on, is irrelevant.

  You should consider yourself lucky that it did not go beyond that.

I cannot say for you but depending on whatever price you have acquired the assets, if you sell them at higher price you make profit. It is as simple as that. Now if you are holding them at lower prices than what you bought you will have to wait for a longer period, keep patience till your find a price higher than buying price or just equal to buying price.

Now to prevent such things in future you should observe charts before buying for the right point of entry and buy at that, have an exit strategy price as well.

I dont believe that. That someone might be trying to lure your into something shady and scam you. If they talk about margin trading make sure you learn about it first before you jump in and sign up on their referral link. Remember that people are good at making money from affiliates because they know whom to target, dont give away free money to them.

Running your computer does not consume electricity right?

All that "environmental" issues is a coverup to make the PoS thing look legit while it actually is not. They appeal to your emotions of saving the planet but you fail to realize that they are just putting up a fake mask to use that statement to make others buy their coins to start the staking. Of course when you have been staking coins, you need to sell them later on.

Where can you possible sell those coins if they are worthless on the reality?

To some bamboozled fools like bounty hunters telling them that staking is good for environment and PoW is bad likewise while actually they are looking to just exit the market. Thats how this endless cycle runs.

That is a different thing. We should talk about Bitcoin which has been successful because it has some ideology behind it and rest are all copycat very few having anything good to develop on.

So consider you are playing on an online casino where the live dealers are doing the deals and you are playing Blackjack there. Consider the two following statements:

1. The dealer users more than one deck to deal the round. Its like 5-6 decks made into a mountain of cards from where they draw. You can visit the Evolution gaming providers and you can see it right away. If you can remember that many number of cards and survive through all the rounds then props to you.

2. You are also not counting cards from the start. Completing an entire deck for the dealer and then remaining on table to complete the next mountain of cards, make it all the more difficult.

3. Often you will not be playing alone. You will have to count the cards held by the other 5players at the table too if you want to keep track. Again something that makes it more difficult. Moreover why will they wait for you to count before the next round?

Now consider an online Blackjack game where there is no physical deck being dealt out, like the one on Stake. Cards are dealt every round from a new deck. How do you expect to count card there?

What I am trying to point out is that you may count cards, but it is just something that becomes pointless in such situations.

Although your second statement is correct, the first statement kind of voids it. Youtube does have good tutorials but there is a bigger prevalance of the "influencer" type of youtubers nowadays. Nobody on youtube actually does fair and unbiased reviews anymore because if they do they dont the big cashcuts from companies running those products.

Similarly for crypto niche youtubers if they are being hired by ICOs, exchanges to paid promotions then you will never know it but they will shill it properly. This has a bad impact on the new traders who are just recently entering the market. Why does the bigger exchanges continue to be big if nothing bad happens? Because of these PR and advertising methods.

However if you are immune to shilling then you would not have any problem, otherwise there are good videos on youtube too.

That is different. The channels being talked about here are run by non-authentic people who are self-proclaimed market experts and technical analysts. People who subscribe to these channels only help in inflating their subscriber number and nothing good comes out of it from reading a bunch of analysis posts just to pump the market. You need to do your own TA for that.

Airdrops are just more shitcoins to pile up in your already filled up shitstack of tokens.

Thats not bad as long as it is a quiz that is not directed to buying/shadow shilling a certain asset. Like making the subscribers accept that a certain asset is going big when it is actually false.

Not really.

It is also a good balance wiper game if you know what I mean. People go crazy on slots if you have seen some of the machines at Vegas or so. Even in the middle of the night the person is rolling them like crazy having forgotten all about food, sleep even the wife . So some amount of moderation of action is needed if you are getting addicted to them.

I am not sure what you mean by "little jackpot". Most of the sites I know of have pretty big jackpots, I think you are referring to big wins like big multipliers on dice and special rolls on slots and retriggers that keep adding up.

Essentially the buyer and the seller. If I wish to buy bitcoin at 1$ price and someone sells me 1BTC for 1$ then the price is 1$/BTC even if others will not sell/buy at this price.

Average price at the exchanges is determined to the price listed on various aggregator sites.

Since bitcoin trading is not through any single centralized organisation its price will vary slightly among various exchanges. Unlike the price of a stock on the stock market which will not vary between exchanges.

Blockchain.com is a service provider, they provide services like a wallet, a block explorer and exchange called GDAX and some more services which you can locate on their site.

From different sites like other users have said.

No.

New entrants in the market always think like that and get fooled. They are the reason why different scammers will always reap profits and shitcoins are another type of scam. Moreover in the internet era, people go for learning about market from youtube and not books about stocks and market. Thus they are brainwashed by shills on the internet pumping their bagholding coins. Thus the situation turns out like this and these newbies get fooled.

Bounty hunters are only in it for the money, you expect them to become long term supporters? If they do then they are again being fooled by the owners because the big whales will dump their coins at a time while these supporters will keep on holding. Masternodes like just like any other altcoin does. Keep pledging the coins and see big staking rewards and so on, you are only digging your own grave with your own money.

It has always been that way. Only bitcoin paying campaigns are regular and stable running for years now. But thing is that bounty hunters who attempt to join this forum for the objective of just making money and forgetting this forum's original idea only end up with zero or few merits nowadays. Previously it was better for them but it is a good thing now that merits are stopping them from ranking up and thus they cannot gain any good rewards by just taking part in every bounty.

Another project? Like every other project is a fail if it attempts to raise money in the form of IEO, in this market, and if still successful will fail in 2-3 years when the advisors sell off their lock in tokens. No point in wasting time in them just buy bitcoin.

I think is it not right to call powerful or not powerful. It is a question of performance and through bull and bear markets is what defines it.

Knowledge or fundamentals is important but to what extent the market is going to move is somewhat understood from the technicals though I tend to take TA with a 50% grain of salt.

I would not say either of them as a weapon. But different tools that can give you an insight. What is important is that you have a set target to buy and another to sell. Be sure to modify them but dont stretch them to unreacheable proportions. Taking these decisions need the help of data from past charts.

Practically speaking nobody has full knowledge before starting trading, but the point is that entering the market at zero knowledge about anything is a bad practice. Because someone told you to buy some coin you have never heard of does not make it a 2nd to bitcoin. But we have fools who act like this.

One can do dummy trading for a few months to get and idea of how the market works. Side by side putting in real capital to start trading would work, but one should be careful how much money they are putting in cryptocurrencies because there are other sectors to invest too and that does not mean altcoins. Newbies should stay away from altcoins, for them crypto should be limited to only bitcoin.

It is already in uptrend since the last month. We saw 4.7k to 6k and then almost a touch of 9k yesterday 5hours before halving to 8k back again. This roller coaster is going up during this time but I am expecting a dump soon. It is the halving pump and a dump is imminent within the next few days. But the overall long term price will have an uptrend is what every user fells and thats why they buy bitcoin.

Thats the hidden desire is it not? I know how bad the altcoin lovers are feeling, those who bought chunks of shitcoins during a dump and they never rose back anymore, with developers selling the projects away to cutting off all communications, what more do you expect from projects that were made to fail and steal money? The top 4-5 alts are still good though but bitcoin should be the main focus.

FJ is known better for its live dealer games, the ones that are in the "Live Casino" section. The dice game there does not attract much attention but there are rollers there too who may not be active in the chat, since it is left not moderated and in at any time of the day is filled with referral link spam. Check the high rollers tab on the dice game you will see some of them there.

Now players have the habit of making more than one account on a site and stake allows that but FJ does not - doing so on FJ will trigger some security protocols to prevent self-referral and abuse.

Hence these metrics are not relevant and I doubt the person who posted it got anything out of it.