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Hey OP, thanks a lot for your time. In the past, many people have come up stuff like this still the cry put through out this forum is not reduced as people do read tips like this but never make use of them in life while investing. I am afraid that every investor want to learn their own lesson as we are all ignorant of what others suggest to follow and what others emphasize to avoid.
Probably not remembering these kind of tips at required times or completely forgetting after sometimes could be the reasons. Experiences will save us only when we remember them similarly good tips also useful only when we remember them and apply them at high times.
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The hardest time to invest is in a bear market. You end up purchasing little amount of tokens for more ETH or BTC. But it's also a good time for projects to collect good sums of money during their crowdfunding, as ETH or BTC goes up, so does the value of the funds raised.
The question now is, will you invest in ICOs, or stick with investing in market dips (buy low, hodl and wait to go up and sell), or simply trade in bear markets?
Definitely no, people are pulling out funds in the market as of now and I cant see a reason why we should or would invest into ICO. I have seen lots of projects didn't able to reach out their cap due to market price decline and in result they do failed or decide to have an extension or postpone of the main sale. Its much better and more wiser to invest or buy cheaper coins in the market than on risking your money into investing to those project funding. We no need to pull out. Instead of going for ICOs, I like to suggest to keep investing into few highly established coins. As of now Market could get crushed eventually but not without seeing at least some possibility of some little retracement in the short term and like I said, it is going to be short term. I do not expect us to see towards for bitcoins around $6200 immediately as I expect to see some bounce anyway before then, but time will tell. I expect the market to go lower eventually anyway which would not be slow to pick up with a bounce. This would be the time to be holding some of those altcoins with good product. |
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One of the most serious options in my opinion of investing in coins representing the platform is NEO, this project has great chances to still be able to become a decent version of the replacement for ETH but as usual it all depends on the developers
I would not go so far that NEO will replace ETH, in fact there are few ICO on the NEO platform to date. However the ones I saw often were serious projects with a quality token. But most ICOs pick Ethereum over NEO right now for some reason. It is making the competition actually a huge one as far as I am concerned and looking at the way things have been happening, it is obvious we should be seeing NEO give a huge one anytime soon. NEO is now being considered as the Chinese Ethereum and for the fact that the selectiveness of project that is being launched on the platform are top notch, we sure are going to end up seeing some good upward movement very soon. Well, almost all altcoins will have the chance to increase but a lot is expected from NEO anyway as a lot of investors are really eyeing it so much and waiting to see how it ends up in terms of value. I am not surprised considering how things have been going with the project, and for the fact that it is really giving the push to compete with its counterpart, ETH is actually some of the things we want to be seeing. It makes the space even better. |
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No market will fall forever unless the market itself is dead which we all know this is a market that is even starting its journey gradually. For now, we can see how things have been with the market downtrend and the possibilities of going lower which was apparent after the last year bullish move which was thoroughly based on speculation, but this is just more like a good chance for everyone to get the best from it eventually.
Simply we may make big money from the markets while it is dropping by acquiring more cheaper coins rather than simply watching it. I mean to say, instead of worrying with our previous bitcoin savings, it would be much wiser idea to go for investing again and again with bitcoins whenever we do see comparatively cheaper price levels.
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You need to learn TA basics , to understand it really well and to pratice it a lot ( with demostration account on forex for exemple ) I m learning trading until one year and im still in demo account cause my trading is not good enough . its like a marathon , or competition . Of course you need to like charts ^^ cause you gonna spend lot of time behind charts ^^
Yeah a lot of chart reading and analysis. Not all people are comfortable with that, me included. Amd learning how to read graphs and charting doesn't always give you an advantage since movement a lot of times are pretty random. Chart reading could be very confusing in the beginning, but its very important if you want to become trader, its true even you are expert in reading chart and expert in analysis the outcome still can be different, but the TA could decrease the risk and give the trader a better look in the market situation, TA is a very important thing for traders Having the knowledge of technical analysis is absolutely one thing that a trader can never do without, because without it, you are going to end up getting screwed big time anyway. Depending on the style of trading you are going for, either the long term or short term, it makes a lot of sense to know what you are doing and how you want to be going with those strategies you have learned. As long as you are trader, the buy and hold comes for long term trading, so trying to combine in with day trading, is actually not sensible when you can just stick with one alone. Technical analysis alone will not get us big profits as one of my friend always prefer trading against trend but using technical analysis, so far in my observation, he is not successful. |
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crypto currency in general, and bitcoin in particular - this is digital gold, many people still do not understand this. I'm sure that in ten years it will be so.
Yes, anything will be possible in next ten years. In my view it is already started toward being a digital gold. What you mean by "surpassing gold" ? When bitcoin was trading above $1000 for the second time in January 2017, people were discussing about beating gold and bitcoin did that in terms of price level of one ounce of gold and bitcoin surpassed that levels very easily. bitcoin only have one use which is asset value in the world. The only thing that can happen to Bitcoin is that it value will increase and become profitable to the owner.
You forget the fact of bitcoin being used as asset which means why people leave off gold for the reason of switching over to bitcoins. It is already happening and in future, when people concern about more secured way of saving assets then saving bitcoin will be their easy find. |
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I'v found a upcoming website which also offers life prices, like Coinmarketcap. The website looks more appealing to me as it has a fresh and young look. I like the idea that I am not supporting one of the bigger players. Let me know if you also like this website: https://www.coinranker.netMany devs are already angry with coinmarketcap as listing to it has become a big dask now a days (I smell the same thing from the subject line) but the rank which is based on number of circulating coins * market-price is somewhat meaningless as many pre-mined and corporate coins are finding their dream rank easily. (for example eth with unlimited supply and ripple as a corporate coin). These sites are good for providing us some list of coins along with some real time information on those coins. But, what I actually want to mention is, the ranking of these sites and using this site for finalizing investment option based on the rank they provide are things, an investor must avoid. Refer these sites for your investment decisions but do not make your final decisions ONLY based on these. |
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NEO is a good coin and has clear future prospects, most NEO users are from China, and the Chinese government has made regulations about crypto, NEO daily transactions continue to increase so that it is an indication that someday NEO will skyrocket.
If there is someone who has given the best advice here, then this is one. It is even obvious the OP has already concluded different reasons why he should be investing in NEO and I do not know why he is still seeking for opinion anyway. Anyone getting into alts now should be doing so based on their own judgment and not because someone tells them to go ahead. It is an investment and it is better to make your own decisions all by yourself as much as you are doing your own research as well. |
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Is this some sort of new SEO work in order to get some of the bigger casinos in to google ranks even higher their opponents ?
I mean if you create multiple blogs stating "gambling review website" and give your own website with couple others some name and focus on your own casinos review and put its name multiple times that gives you great content and outsource ranking chance. I do not see any other reason for a gambling review website to actually start after all this year with such a low effort. If anyone would love to get in on that type of work they would need to put in 100 times this effort.
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Like all forms of addiction/affliction, pain or suffering, it's actually really difficult to empathise if you've never experienced it before. As I grow older, I am more open to trying to understand things, no matter how insensible they seem to me. I can't ever see myself losing control in gambling, but perhaps I've never really made myself vulnerable to such situations. I do find shades of irresponsibility within my limits - countless times losing a bit more than I intended to, a few times depositing more when I promised not to, just to chase back losses. But perhaps on worse days, less desirable personal situations, I could have gone a few steps farther, and then it's hard to say what could have happened next.
Living alone is always going to be difficult, no matter the rigours of self-discipline. It's good to see the recognition that having friends and family help keep an eye on you, having first being open about the problem, is critical to keeping that addiction at bay.
As audacious suggests above, perhaps keep control of finances. Bitcoin makes this a bit easier. Keeping the private keys on savings and income, and funneling whatever you're comfortable with to her, until she can trust herself again.
Well, it is a good thing that you cannot see yourself losing control in gambling and probably that is because you already know anyway that there is really nothing you should be expecting so much from it as long as you know the possibility of losing is high anyway. With respect to empathizing, I sure do know how it feels since I have someone who was close to me and ended up an addict because deep down, there is just no way you will not feel for them. It is like someone who is inside a deep well and trying to get out but just stuck. It is hard to describe but it takes a lot to be able to get out from it just the same way as drug addiction. |
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If this gambling is restricted with much compliance and concern to only limit of games and enjoyment then it is okay. But still you must see whether your religion is allowing you and your state is allowing you to legally play this game. If it is so, then next big step you must take is control of your mind. How strong you are that you can resist the addiction in best possible way.
Yes, for someone who is indeed actually and truthfully gambling for fun which sometimes I wonder where the fun comes into play most especially for online gambling, we may actually say they may get the some of the benefits mentioned by the OP even though most of the benefits actually go to the casinos and the government anyway. Gamblers are bound to lose money every time, and careless gamblers are bound to lose even more, which makes the whole idea of benefit sucks anyway since you can get those benefits from somewhere else without having to gamble. |
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I am a big time gambler. When choosing a game I look for games that can be played strategically for the odds to win even more are in your favor. When I play Blackjack I use a strategy that my father taught me. X's1 x's1 x's2 x's2 x's4 x's6 x's10 play until you loose then you go back to times one.
I do not know the name of this strat. But someone said its close to another strat out there
It is important that you must have a mindset before selecting gambling game. To me I mostly play gambling on sports games, where I have a lot of experience, and I really feel more confident while playing gambling on sports games. Although I also play dice games but still my first priority is to play gambling on sports games like cricket football etc. I am not sure if depending on your own guts is the strategy you are talking about here because you sound more like trying to do your thing and making betting decisions based on how you feel but at the same time, relying on your own guts can still be combined with other form of strategies like martingale which kind of helps most time not to get burned quickly while having your fun. Still, limiting ourselves ONLY for sport betting must be a good strategy as most other gambling are not profitable all the times. How about your results on the occasion of sudden game changes and match fixing ? I guess you must be have experienced many times in your gambling, still you prefer sport betting ? |
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Money is not at all safe in cryptocurrency, There are so many hackers around here who's only business is hack a wallet of bounty hunters to get money without doing anything.
I cannot say our money here in this business is safe that is why if I earn I will get my capital and invest the rest so my capital will be safe and my earnings are in the investment. I will not keep all my money here because there is big chance of losing like if I can forget the password or the private key and most of all it can be hacked. Honestly if you know how to save your coins than it is the most safe option there is out there, if you really know how to use stuff like ledger nano and so forth or at least have a way of using rasberry pi or so with coins wallet inside installed with the coins stored or even go back a few years when the cash prints were a big deal and people had printed out their big number of coins in paper just like cash and they stored it there. I honestly think there are a lot of ways to keep your crypto very safe. The encryption algorithm which is being used in all cryptos are safer until the invention of quantum computers. Other than this, our coins are safer until we have stored our passwords safer. Yes, first concern must be system after that all the responsibilities are within us to safe guard our cryptos. |
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I was introduced to this market by my second friend, so I will also tell others about this market and if they will be interesting, then I'll tell you what and how it works, you need more people know about this market.
But I think you should first encourage people to have money. We are living in a world where no one is getting any decent amount of money and aside from the super rich people almost everyone is living a life of hardship, not maybe super poor and having trouble finding food type of hardship but definitely 99% of the world can be poor and like proper no food type poor if they got fired and couldn't find a job in couple months. Everyone who lives a decent life is living that life thanks to their work, take their income from them for 3 months and they would be insanely poor. If you are poor inside of 3 months without your income that means you are definitely not rich. You are just working poor. |
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I think there is no such rules to follow, a one thing that we should be also bear in mind in don't be greedy. Greedniess is the only emotion that stay out our mind to sell most of the time we are waiting and wanting for more. Selling in profit and not being greedy is the best rules.
If you are a day trader than yeah you should get rid of your emotions and just purely focus on the movements of the coins and whatever else the day traders do. However if you want to hold a coin for a long term period and just purely "investing" instead of trading than you can put your emotions in it as well. Do not forget that we are in an emotional market where the price is decided among people and not have a set value. We decide what worth how much, which is mainly emotional. A general and technical rule for profit booking must be derived from the same analysis which was used to open the position. It means, the same analysis must include the exit point too. But most people are not focusing on this. |
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about our trading that we must trust our experience and dont panicked ,when all things about in crypto is going bad,otherwise there are times thats we could not control to become panicked,because its been part of us being a human,and afraid of being loosing.
You need to be calm on the occasions of markets go out of our calculations. It is pure market which is driven by thousands of traders hence we cannot be sure about only what we are expecting to happen. Only those traders who are all capable of controlling their emotions will find success with trading. Others may hit target some days and in some other days may not, it means there will be no consistency in their performances. We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Your experience will decide that. If you know what coin you bought and if you trust your research about the coin you picked up and you know the team behind it and you trust the coin to go up, than there is no reason to panic. Some coins needs 500% to reach its ATH levels or so but believe me if it is a legit coin, 500% is nothing in crypto market, it will go up once again. If it reached there once, it will reach again. |
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For me there is no positive impact that can be generated when we play gambling. Most only have a bad effect and we will experience setbacks in our lives. It is clear that gambling has been called an addictive thing so we will feel like continuing to do gambling games even if we do not have the money. it is a very bad consequence and therefore it is better to avoid ourselves from the gambling game than we will grieve at the end while still playing gambling.
Most times it usually ends up bad most especially for those who got the wrong picture about gambling from the start. Gambling is something that comes with a lot of negative impulses and if you are not able to control those impulses, you stand a chance of easily becoming an addict which most of it is centered on greed and expecting so much from gambling, and we all know the part that addiction plays in the lives of gamblers and those around them. When the effects of gambling is purely depending on our luck factors, we cannot be sure that positive effects to happen all the time. It means we must be ready to face any consequence of gambling. |
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There are huge lists of people who had been in gambling for a long-lasting tenure of their life. But what they have got now, nothing. Just worries and regrets over different stupid decisions they often take. Why they are doing this now? Because they had successfully wasted their entire life just to make themselves fool. They thought of gambling as source of income but all in vain.
I wonder why people consider a particular day as bad when they should be more concerned about the fact that they are meant to lose their money from gambling anyway as the percentage of doing so is higher. Those who feel bad or always feel like quitting when they experience loss and keep coming back anyway are those who are gradually tending towards the level of addiction as they are expecting the wrong thing they should not be focused on from gambling. Anyone who wants to stay away from gambling will surely not still be rolling with friends that they do the same gambling activities together. If you cannot beat them, you will have to join them and considering you want to quit and you have been gambling before, the likelihood of joining them back with the 'what the heck' attitude is more certain and the best thing is to just distance yourself. |
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Yes, sports betting is also gambling but some people don't really know that. However, gambling and trading have almost the same rules and fever cause they both require stay calm, less emotion and learning to keep greed, hope and fear under control.
Wow, I never thought someone would say that. That is obvious, sports gambling is a gambling. As long as you are risking you are risking something, that can be considered as a type of gambling. Gambling and trading is not the same and it don't really have a rule as you've said. Most of the gamblers I know can't stay calm on a casino, winning is what they want, they will definitely be happy with it. Less emotions happen only on games like Poker but most of the gambling games? Not really. Greed? Most of the gamblers want to keep it but they can't, traders is not really greedy, they are doing it because it will be the way to generate a profit. Hope is not be considered in gambling since that will just keep on them to gamble their money and fear, I guess that also applies on traders but gamblers must not control their fear so they can just fear the loss and the effects that gambling can give them. How is trading not greedy ? How does traders don't have to greed the gamblers have ? I mean I feel like its just the opposite if you ask me. If you are gambling yes there are people who want to earn money from gambling however a lot of people like me who gamble just for the entertainment value, just like it was some game to play on your PC. Nevertheless, the main point of trading is earning money, you do not trade to lose money or have fun, you can gamble for entertainment but you can't trade for entertainment. If you are a gambler and addicted than you can be right but the whole purpose of trading is greed, gambling on the other hand can be just some fun experience. |
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Depends on what you want from bitcoin. If you want bitcoin to be a currency that people try to use something like debit card and use it like a payment and so forth which was the initial reason the bitcoin started and than institutional capital is bad for bitcoin because it is not looking for bitcoin to be a payment but for something like commodity. If you want to see bitcoin as something you can make money from than institutional capital is good for you because they will also try to look for bitcoin to be something to make money like gold or silver and at that they are capable of doing. So it all depends on what you want from bitcoin is it becoming a currency or a commodity.
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