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I just respect non bitcoiners decision that they don't want to invest in bitcoin. First of all it's their hard-earned money, I can't force someone to believe what I believe. If they invest just because I said it then I will be held responsible if they lose money.
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I spent 1-2 hours on gambling daily. It is my stress reliever after work and makes me relax before I go to sleep. I just gamble some free amounts on that website or if I have some extra money I use it play. But I never expect a return to what I do. It just brings me enjoyment everytime I'm having win streaks.
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The main benefit of bitcoin to me is I can buy many things using it. I can topup my phone credits, pay some bills, and even buying online. I don't need to go out just to do that, I save some money because I don't need to commute. I can be more productive or have more time to rest.
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It's just normal for bitcoin to drop its price. We should not aim for quick gain because it won't be good if that happens then big dump is up next to it. It's opportunity for rich people to buy more or invest their money on bitcoin when the price are down. Those people that talks a lot are the one being affected by the fud.
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Earn big amount of money and get rich quick. That is the main reason what most gamblers tends to do. Their money is not enough to their responsibilities so they do gambling thinking they would win but in the end just lose all of it. Even if they win their greediness consume them.
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The value of crypto and bitcoin depends on its demand or traders. The more people that demands bitcoin and crypto for daily uses will help to increase its value. And if there are many people doing trades on bitcoin or crypto to gain profit will help as well. Those only exist because of the internet and tech we have now. If people find something better than bitcoin and crypto, then it will slowly die until it becomes worthless.
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It's very possible for that to happen because we see many big companies now acknowledge bitcoin and starts to adopt to their payment channels. Many will still happen in 10 years and if I'm correct 2 bitcoin halvings must happen first before that and Imagine how much bitcoin's value by that time.
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Casino won't gain profit without a house edge. If it does really exist that casino won't last long. It would attract many gamblers but I don't suggest playing there. Something like a 0% house edge for a limited time or event is enough.
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Why should we not? Bitcoin is a good investment for the future. It has a limited supply and expensive value. Some tech giants now also invest bitcoin. Even famous personalities. Bitcoin will be a big help to digital transactions. Just don't focus all of your time on bitcoin because it's price is very volatile.
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For me the reason for that is simple because of the addicted, while 99% of the people can gamble responsibly there is a small amount of the population that gives it a bad reputation and as long as people keep getting addicted to gambling then I think gambling is still going to be portrayed negatively all over the world, but as long as you control it then who cares? As long as you can play games like roulette, dice, craps or sports bets responsibly then you are fine. That is why most people see gambling as a bad habit. Addicted gamblers tend to lose a lot of money in gambling and that's okay with them as long as they do their habit. Gambling was not made purposely to make money but to ease some people their boredom or stress. But those addicted gambliers don't realize the reality which makes some regular gamblers also bad in the eyes of some people. |
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Yes it is. Because they are likely just a pump and dump scheme. Those crptocurrencies only have few volumes which indicates only a few number of traders. If you are caught by their hype train and it's too late for you to sell to earn profit then you might hodl it for a year or maybe forever. I recommend you to buy cryptos only on top 50 of the coinmarketcap. There are many traders in that range and as long as you know when to grab profit you won't lose your bitcoin from it.
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No not all, only the few that shows their potential and have their own products. Most of the cryptocurrencies created nowadays are only pump and dump scheme. After they raise their crowdsale and gain funds, after a month they disappear like nothing happened. And their crypto just continues to drop until 2 or 3 digits in satoshi. Only few can maintain their prices and follow their roadmap according to schedule and does prevent their crypto from crashing a lot.
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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?
I would choose to increase my bitcoin because that is more good in long term. When I increase my bitcoin the value of it in dollars will increase when its price rise. Although i will also lose dollar's value when bitcoin's price drops I can convert some of it before that happens. So I have something to spend for myself. And when bitcoin's price drops and I have some spare amount of cash I can buy cheap bitcoin to earn more profit. |
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Yes it really is, wallet security is important because it shows how you will protect your digital wallet from hackers or people that have bad motives to it. Turning it on will make your wallet more difficult to hack and you can recover your wallet incase you lost your device. It may be a hassle to do but it is a big help to prevent your wallet being emptied without your permission.
Security is important in the cyberworld because you don't know who or when hackers will attempt to invade your privacy and stole something important from you.
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Avoid buying expensive things you don't need necessarily. Appreciate what you have and what you can afford. Don't be jealous to others. Prioritize your monthly bills so you won't be in debt. Budget your daily expenses and the remaining money from it you can use that to treat yourself. It isn't bad to treat yourself once or twice a month. The important is to balance your savings and expenses.  |
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HODLing will get you nowhere if you just hodl it. You don't know when to grab profit or sell them at a right time. You always think it will go up higher until the pump ends and feel disappointed because of what you did. I've experienced it and it became a lesson to me. Never get greedy, know when to take profit. Be contented with it and even if it's price still continues to rise up after you sell, just believe it won't last long and it will dump again and it's a chance to buy to make some profit again when it pumps.
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I think this happens yearly and if you are new into cryptos then you will really lose hope because of the situation of crypto market these past few weeks. Recent FUDs also contribute to it. Some people I know says whales are accumulating and preparing for a huge pump in the near future. For me I just sit back and wait for the market to be bullish again. I know this will end in no time.
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Why invest in altcoin when you can invest in real estate, stock market?
Investing on real estates and stock market requires some documents. Also it needs some big amount of money in order to get yourself to it. While altcoin trading, any amount is okay as long as you have bitcoin and know a trading site to do your trades. But in terms of risk altcoin trading is way more risky-er. Because we all know that only few selected cryptocurrencies maintain their prices through the years. Most of them in my opinion are not good to hodl for long term. |
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