If I were in that situation, I'd simply ask for a loan at bank, that's still the easiest way, and you don't have to deal with anyone that you don't know.
Do you have all the requirements to make you qualify for the loan application you will do. Mind you it's not easy to take a loan in the bank as they are very strict with the requirements and that is to ensure that such borrower will be able to pay.
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Both of these methos is too risky. All your money can be vanished in a blink of an eye. However, if i had to choose, i would choose investing. It is more profitable and i does not 100% depends on luck. So in my opinion, investing is more efficient than gambling
Not too risky but risky dude, that is why we need to manage the risk and when we are investing we need to know how to diversify our investment to minimize the risk, earning should be a continuous process and success is not to be achieve overnight. I would choose investment all day.
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My investment strategy is i just invest 10% of my portfolio if i invest for something. I don't invest more if i'm not yet that confident in that investment. Win or lose i just invest 10% of my portfolio. No more, no less.
That sounds cheap and safe, good way to invest actually as you are safer under that percentage. If you have a decent portfolio that could be a great amount to start, and I believe that is advisable when you are not too sure with your investment or you have not tried it once.
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Why do people keep saying BTC is dead?!
Just don't mind them cause most of them are just trollers or some newbies. What you have to do when bitcoins price gets lower is to buy bitcoin, of course just moderately, Your spare money will be enough. As long as there are people who mine/use/supports bitcoin it will not disappear. It will be best to get used of bitcoins fluctuation . Exactly, the ones who say bitcoin is dead or it will die soon are most probably those who are new and does not know anything about it, or the ones who knows everything but they want others to stop using it because they hate it. They are just trolling really, to feel there presence that haters do exist and only stupid people will also believe on what they see as it is a different thing that we have witness now, bitcoin is full alive and we are enjoying its benefits and that is self explanatory I guess.
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2% of the total world population = 148000000 I think somewhere around 0-2%. 60% of the world does not have internet access as of 2016, let alone cryptocurrencies. So, I guess the total number of Bitcoin users will be somewhere between 0 and 148000000 That means users of bitcoin compared to the total population is not really that big, we might increase in a yearly basis but we cannot reach the time that everyone will use bitcoin not even in the future. We just need 10% of the world population to use the bitcoin for its market cap to be simlar to the US dollar. That is right. With 10% of the world populartion owning the bitcoin, that will make it worth at least $100,000 each. And the big question is, when is that going to happen? I think we are still 1% of the total world population now and it will be a long waif before we can achieve that level. But you know what? I am willing to wait as long as that will be realize, as I will be collecting profits from my investment (long term).
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Gambling site was built by the owner to give him the profit of money he has spent. Gambling isnt a charity foundation that give people free money anytime. Although there are some professional gamblers out there, the site owner surely will be always trying to beat all of them. Thats the fun side of gambling, where we could test our luck and skills combined against the house. Maybe you couldnt win everyday, but if you bet responsibly and patiently, you couldn't be disappointed so bad.
Well gambling is business of course owners will always want their gamblers to lose in the long run because they are going to get profit if their gamblers are going to lose. And I haven't heard someone that he is winning in the long run. Most of the time, gamblers are just losing in the run when they win that is just for a short time. I heard that some are winning in gambling but that was just a story since I do not know their names, and yes we will lose in the long run and that is base on my experience as well as gambling sites are designed that way.
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Is it really true that if someone want to earn big from gambling he need to make a higher bets? Yes he can also loose but if he is lucky enough he can earn big amounts too. People can not make profits with lower bet amounts like .05 etc. you need a higher amounts bets.
I do not think so, because see I have been making huge bets since I am known to gambling and I am in a bigger hole than the ones who gamble low amounts. Its obvious that higher bets will enable higher profits, but the fact is that they will actually give enormous loss too. I believe that by betting large amounts will make a larger profit. however, I also believe that it would increase the possibility of defeat would you get. You just need to be prepared, between getting a big profit, and losing big money. to get something big, it takes a huge risk That is what it is, if you have a big bankroll your will make a decent chance to win in gambling and most of us does not have that as we are just to dependent on our luck. By putting a huge bankroll, it only prove that we are serious with our journey in gambling.
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I was listening to the bill simmons podcast and the warriors are -150 to win the title.
Thants crazy odds. So you get +130 and you get every other team lol.
Not gonna bite that trap, they too overvalued as a team, and to win in finals? Finals? Even with Durant they are just still not that dominant team, especially now that the spurs and cavaliers are upgrading their squad. Can't believe people are falling for the trap.
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this was the Same condition for me but my story was small little different . i made loss in gambling about 0.8 btc but i comes to know that i made loss by taking lone from friends also . and there is lot of money lending load at my hear then i leaved gambling and finally i made earning continuously from this forum and returned the btc to my friends . i will suggest everyone to leave gambling for best .
Taking a loan because of gambling will only make you poor in gambling, that action implies you are too greedy but not accepting your defeat in gambling, and you just proved by your story, so I guess everyone should learn from their mistakes and if they can't at least learn from the others.
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If you were in desperate need for money / Bitcoins, what would you do? How to get it, earn it, whatw are your solutions and experiences? I wonder what people are ready to do when money is the problem.
I will ask my family,friend or some close relative to lend me the amount I needed.If they could not help me,I would,as a last e=resort,sell my some digital assets Last resort will always selling thing but for me im opposite! Because im shy in my relatives and family so i do prefer first selling my stuff then if it will not be sold and that is the time that i borrow some money to my relatives or my family though we are really pressured to pay it as soon as possible it makes us thinking it all day That is right. If you are in emergency, it is ok to sell everything. That also include the bitcoin as well. For me if that is what I am going to do I will going to put myself to downfall when I am really desperate for money I will going to some my bitcoins that I am holding and I will not going to doubt about it. Because I don't want to get some loans or borrow some money with my friends or bitcoin company. In my simple understanding is that when a person is in desperate need of money he does not have anything to sell to convert into money, under the situation I would only do the last option which is borrowing money from a bank, I have a job so I believe they will approved my loan although I do not have a collateral. That certainly what it means, when you are in desperate need of money, you have a problem about money, and to solve the problem you need to look for the money and that is a hard task to do. I have been in the situation many times and I thank God because he is guiding me every time I have a money problem, my relatives really help me a lot in times of trouble.
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Gambling is just so addicting because of the fact that you can win money at the first place and because its a game and games can be highly addictive if you play them for a while and you find them enjoying.
Only money is not enough which will make gambling as more addictive but along with earning money when fun and entertainment also invlve then people become more addictive to these games. but to me there is no fun and enjoyment in gambling if you are not making money, so we can say that fun and enjoyment also depend on the money making in gambling. so addiction in gambling is only because of making money. Not all people are out in gambling to have fun, remember that because there are rich people who only gambles for fun and why would they need money if they have many of it. If you are gambling for money then I am quite sure you will be in trouble once you do not possess the attitude of a professional gambler.
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The goals can easily be found because method are displayed online to make us successful in managing our money, it is now depending on us on how are we going to implement it into our lives, and since there are a lot of temptation outside that might ruin our plan, we need to have the right discipline to resist temptation.
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In gambling everyone loses, i don't know any person that never lost in gambling, only thing you can do is to make your loses smaller, don't bet a lot of money anywhere
It is not actually everyone because there are people who are also profitable in gambling but I believe most of us loses in the long run and some of the losers are losing big amount of money that we cannot afford to lose anymore which makes it not good for us anymore.
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Anyone here can be the most honest person in the world, if those person became politician you can be sure it will be corrupted, big ammounts of money make anyone go insane and try to get a part of those, loans are something to make to people which you dont know and not all people, because some people do ask the loan just to spend and not willing to repay.
Not all people are not willing to repay they are just loan for emergency and they can pay if they have work.. That is why its risk it is because some people are not willing to pay or they run.. honestly if i had lots of savings i can give loan but for those only have collateral valid no collateral no loans.. Yeah, it is safer to give out loans if you take some collateral so that they are forced to pay and if they do not want to pay, you at least have something in return. Even with friends, especially if the amount is large, you should protect ot with a collateral. I don't know, maybe most people can change for money however you can't say all people will change dealing with money(or power) Collateral is a bad necessary, without it, well, probably you will lost your money, and well, always ask for a 120+ collateral. I just do not get what you mean about 1 20+ collateral, anyway if you are referring it to at least 120% of the total loans then that would be a good idea, but how to we get that kind of collateral online, if the most possible collateral here are our accounts.
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i think i am not crying but only sad because i loss 0.0015 in short time while i am playing dice games. but i don't want to make this sad for a day, and i will consider that this is my bad day.
That was just a small amount, I bet you can earn that in one day in your signature campaign job. The fact that you are sad with that small amount of lose in gambling I think you should not gamble at all as you do not have the capacity to do it, it is only for the people who are willing to lose their money in exchange of some kind of entertainment.
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You should try to save a part of your earnings, invest another part and keep the rest for all expenditures. Make a list of all your needs & necessities and segregate them from your expenses.
Then do research on investments and calculate how much to invest in each sector. Once you get the hang of it, it becomes easy.
Only in the start is hard actually but if you can overcome your lack of discipline, you can successfully save money, the moment you were able to save already a good amount of money then that would be the time to plan for what investment you will pursue, but always remember not to put all your savings in one investment but do diversify it.
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I am proud to say that I am one of the investors who booked profit when the price touched $400, and now I am looking forward to make another great profit and patiently waiting for the price to hit like $1,000, if that will not be realize this year, I am very positive it will happen early next year.
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57.6% of the NBA's GMs voted Minnesota as the most improved team in the NBA. Will the Timberwolves being the Most Improved Team be enough to make them a contender in the West or even be enough to make them in to the play off cut? I might say yes as they are a very good team even last year as they have defeated the likes of GSW and OKC with just youth. Now they have Thibs and Dunn hoping too see them win 45+ games this season.
Too early, to expect big for the Timberwolves, they are still a young squad and even if they have a good coach to take in charge, that does not guarantee that they will be a better team this season, the thunder without Durant is still a better team and we have seen how westbrook is making his presence felt, and of course the Portland is still a playoff contender, so with tough teams in the west, they will be having a hard time, not to mention the Jazz are more developed now.
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Saving currently isn't really interesting as a normal savings account gets you about 4% interest per year. if you have money that you'll not spend the comming years it can be set at 6-8% each year but the downside is that you can't acces your money for 5 years. Are you be patient with it?
You'd be lucky to find a bank that gives that much interest on your savings. Back here in my country, savings accounts can only earn less than 1% annually. There are other bank related investments that offer bigger interests like time deposits, UITFs and bonds, but carries with them some kind of risk. so its better for us to llok for more investment instead of allowing the bank to play for our money, internet can help us finding the better ways to invest all we have to do is to research and make ourself aware on any aspect from whatever investment we will going to enter. The good thing now is that information are free and easy to access, thanks to internet we can search what we want, and it will only depend on a certain person if he will take an effort to search for a better investment opportunity that fits his interest and will study it to be successful.
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Yes I agree it's better to bring bitcoin since it's invisible than with a money in your pocket which is more risky for robbers . But in my country so few stores accepting bitcoin for payments. I believe soon some of us will adapt paying bitcoins. At some point bitcoin is also better than cash as you said you can hide it and since it is anonymous people will not know about our ownership, however there are times also that we need cash because bitcoin is not that popular that we can spend it buying our daily needs.
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