I'm just reading an article in the newspaper. Klaus W. Wellershoff (a last chief in UBS Bank) says that's impossible to use a currency with volatility as money. If the value of the money decrease, that means the value of the merchandise decrease. For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.
What do you think about this argument?
First of all, who was trying to make use of Bitcoin as a country’s currency. Bitcoin is not a currency. When we mention the word CURRENCY we mean like Dollar, Pounds Sterling, Euro, Rupee, Yen, Peso and the rest of them and not Bitcoin. Bitcoin is what we call (crypto)currency and that includes Ethereum (ETH), Ripple, Litecoin, Bitcoin Cash and the rest of them. They are completely different and Cryptocurrencies can’t be used as a country’s currency. |
|
|
|
It's okay to be greedy as long as you know that the coin you bought will pump but when you just bought it for sake of buying and you got lucky it pump then I guess you better sell it right after making profit.
Let me tell you about it, as we know that all our wishes in this market is a wish of getting profit from it and nothing else. We should not enter into any market if we do not know about its work and function and making of product. You have to enter once you get knowledge of the desired market and come to handle everything which will make you survive in the market. so do not start unless you do not get knowledge. |
|
|
|
i started trading with about 80$ i realized from airdrops back when it was all good... I have almost doubled it before the bear trend set in
I started with a minimum amount and got some good market experience. Once you have some good market experience, you are able enough to invest big. This has a benefit that if the prices rise, your marginal benefit also rises because you have more units. The decision to sell in the end also matters. If you are wise enough to recognize the point in time that maximizes your profit when you cash, go for it. |
|
|
|
Indeed bitcoin is the best investment in my opinion, especially in the long term. But if you mistakenly bought not profitable alcony don't worry, maybe they too will grow up.
Well I think altcoin is not that bad either. Rather altcoin is preferred by investors and is always a part of their portfolio. This is a step towards the diversification of your assets and this diversification helps a lot and keeps you away from risk. It rather shares the risk. Besides, you can also earn good short term profit with altcoin. If the current market is red or down, it does not mean altcoin has lost its power. Just wait and cash when it is boom. |
|
|
|
What will you do if after losing several times in gambling, you are left with only small amount of money and that money will be for your fuel or for transportation, will you still continue with the little you are left with? What if you lose?
Hahaha this is some awkward question but this tends to happen in some or most of the gamblers in the world. They will gamble every bit of their money and the only they will left is their money for transportation. I, personally experienced this when I am losing in gambling and my only money that is left is for my transportation. I choose not to gamble it anymore. I don't want to gamble my last money anymore. What if I lose? then I don't have money for transportation and therefore, I cant go home.  If I were on that situation of course I will stop getting involved in gambling. I will divert my attention into something else especially to my son. As a parent it is not so easy to have money in an instant because the value of bitcoin fluctuates and it is not stable. If you have an emergency (life and death situation)and you only have a small amount of money, it may lead to something that you cannot change and regret it forever. Being a parent you have to choose your son over your pleasure because its the real meaning of being a good parent. I will tell my wife to control me if I really want to gamble. If you experience lots of lose in gambling, I recommend you to stop step by step because nothing is impossible if you really want to change your life. When you even have a lot of responsibility to take care of, most especially when it comes to you having kids, then, being responsible in any act will be the most important thing to do. Asides that though, someone with common sense who does not think gambling is where he would end up making it in life by hitting it big, will know that is a bad move to make. Only those who are looking for what they cannot find in gambling will end up in situations like that. |
|
|
|
I'm just reading an article in the newspaper. Klaus W. Wellershoff (a last chief in UBS Bank) says that's impossible to use a currency with volatility as money. If the value of the money decrease, that means the value of the merchandise decrease. For example : if you buy a flat with bitcoin and few years later the bitcoin value decrease... Your flat lose his value as well.
What do you think about this argument?
Eehm… if I’m right, every currency is volatile, the only difference is that Bitcoin too volatile than every other currency in the market. Bitcoin can’t be used as a country’s currency, not because it is volatile, but because it doesn’t have what it takes to be a real currency (all cryptocurrencies can’t be used as a country’s currency). Take a look at conventional currencies, they can be used both offline and online, but cryptocurrencies can only be used online. Conventional currencies has lots of qualities that makes it much better than cryptocurrencies, cryptocurrencies are meant for investment and making transactions 🤔 hope I’m right. |
|
|
|
I'm sure bitcoin has a good future and will continue to grow with prices that always go up every year so if buying and investing in bitcoin will certainly be very profitable and I think long term investment will be more profitable
We have observed the ups and downs in the past but besides we have noticed and observed its recoveries and improvement. The Bitcoin will soon recover just like it recovers in the past many times so same will happen this time. The current price of Bitcoin is 6.4k dollar and this is the most favorable time to enter into the market which will be much benefited for a person and will lead to a high market soon. |
|
|
|
How do you guys keep up with the charts?
Can't even sleep well anymore, if I stick to holding is it possible to make gains too ?
Don't focus in a chart everyday because it will make stress because of what you see in the market. Yes everyday the market price is changing but it will not rise in one night it takes time so don't frustrate your self to keep your eye on the charts. Exactly! From Forex to stock to other assets, there is bound to always be fluctuations here and there and I really do not get where a lot of people usually get the assumption that the market will just keep facing one direction for ever. Anyone who cannot even cope with the fluctuations should not even be here and this is the basic effect the idea of concentrating more on the short term usually has on a lot of people. |
|
|
|
I always look to the coin which has the highest volume and coin that still not increasing but decreasing. I think that it has always a high chance that you will gain
Normally, any coin in a huge dip and that really has a long pull back from the previous ATH will always have a good chance to grow but the truth in most cases is that we cannot really know how far some of them can go in most cases. Some will do well, some may not give much of the push and this is the reason why diversification most times is very important as you tend to spread the risk and profit rather than putting your eggs all in one basket. |
|
|
|
Yeah, it is really going to be great. It seems the crypto world is gradually entering a moment of no return already with all the exchanges with regulation hitting the point where fiat trading against cryptocurrency is gradually becoming a thing. Bittrex had theirs announced recently even though it is still limited to corporate traders which eventually is promised to be opened to all traders and with all these kind of development, I believe things will get better in the long run for the cryptocurrency space. |
|
|
|
actually correct and that's truth, people lose them their asset because of lack of experience and knowledge how to moves cryptocurrency as high fluctuation volatile currency, the is came from the mistake because they can't control of theirs self during the price is in the dip. wait again for the opportunity to get earn profits if the price goes gain again in the market.
This is the time to get out from old perceptions and to look forwards towards our trading with upgrading from less valuable coins into high valuable coins. Even if you lose in the start it does not mean you will earn next time as all you need is to change your false ways of trading. On the other hand your profit is confirmed if you work on your mistakes and make it absolute in your good. |
|
|
|
People who take risks, whether they make a big profit or lose a lot of money. and I think taking the risk is always necessary to make the biggest profit, because there is always a risk involved with the trading field, and you do not know whether the price will go up or down for a coin or token
Making profit in the market of cryptocurrency is very easy if one knows the tricks and processes involved in trading and investments in the market of Bitcoin or other best coins like Altcoin and Ethereum. Risk is everywhere even in the traditional old trading and investments which is controlling by trader or investor, if business person is a wise and knowledgeable person of market then there is no risk. |
|
|
|
I like to play poker and occasionally play dice when it is getting enough profit
Do you really get enough profit from these games? I am really shocked to see this. I have never been to gambling, any casino or online thing, but I am damn sure about it to be problematic for us. So if you just play poker or dice game or any other, this just goes against your advantage. Get yourself awaken and never ever go for an option that has such bad effects for you at the end of day. |
|
|
|
Some people think that strong feeling affect the outcome of your bet. But for me its all about luck., what do you think guys.
As a gambler myself, there is no amount of positive thinking that affect your edge in gambling. If it is true then nobody will lose because everybody would think positive then. For me it is always luck that makes you win in gambling specially in cards game. With gambling in sports like basketball, statistic is the factor on which team to bet. Yes it is true that luck has a big participation of winning but a positive mind is a big help too. If a gambler thinks positively he/she could have a peaceful mind in a game. He/She can think smartly of what is the best thing to do. Can plan many ways and strategy. So positive thinking for me affect the edge in gambling. It's good to have a positive mindset in gambling, but its no assurance that it will bring your winnings at the end. So I would say that its good to have it, but's its not a recipe because it is still luck. The outcome must be in your favour, early and you might think that your positive thinking makes you win the game, however, its not 100% guarantee. Lady Luck is still has the last say. It is better to have positive mindset in anything else but gambling. I have modified your statement and I hope you would agree with me. Actually gambling has become proved to be a predator that have eaten up the lives and finances of people. In gambling, you would never be getting anything positive from surrounding, and it is so, that is even more than a trouble for you. Having a positive mindset in everything is good and having the mindset in gambling would also be good because that will lead you to life in which you would be safe from suffering from consequences of gambling. No doubt gambling has eaten up the lives of the people and their financial supports but only of those people who became addicted to it. |
|
|
|
Basically yes,Through investing bitcoin you will earned profit if you are patient because bitcoin value is volatile.Another way of making money through bitcoin is joining in signature campaign and also,joining bounty.
The global market has different ways and merchants, investors and traders are following different ways in order to get profit. A new market which is called crypto market introduced 9 years ago and from that time people are investing and trading through the crypto market and get huge profits. The old market is also improving while the new crypto market is also improving and especially the Bitcoin; people have more interest in the Bitcoin. |
|
|
|
So far, I haven't made a profit by investing in bitcoin because I invested late and bought it at the peak of last year's bitcoin boom. We all know that the earlier people invest in bitcoin, the greater the wealth. So I'm going to keep holding it, and I believe that there's going to be a higher price for bitcoin.
Once you have decided to invest your money into bitcoin, then you must be patient enough to wait for the right time before thinking of making any kind of profit. It is because you can only make good profit in the world of bitcoin when you will keep on holding your bitcoins for some longer time as the market value will rise in that time which will then help you in making greater money. |
|
|
|
This is an excellent article bud, I'm glad you shared it here with us. The pro activists have been telling the government to legalise gambling in all countries so they earn tax and people earn amusement. This article is a slap in the face who have called gambling to be taken off the table, it is our money that aid your development mofos. I hope all countries realise it's potential and legalise it.
I think it improves the economy of a country of gambling is legal and people gamble through a legal way. Yes, it may destroy the financial conditions of the people but it benefits the economy of a country because a government continuously collect tax over gambling either it’s a low class gambling or a high class gambling, it is non of concern of the government, they simply collect taxes and improve the economy of a country. First of all I am so happy for many countries where gambling is banned. If these countries don’t consider the importance of crypt, then they must have at least a little sense of welfare for their citizens to ban gamble in any form. You must think before getting in this trap that either it is traditional or online, both would creep money from you and don’t let you pay taxes to your state. |
|
|
|
The forthcoming Worldcup is a fairly large crypto market, do you think the betting industry will use crypto to pay for their services. I expect this will be a big step forward for the crypto market until the end of the year thanks to this World Cup and also for online betting. This world cup event will bring a good impact for cryptocurrency, I hope. Demand may increase and may affect price movements as well. Online betting with crypto is a better choice for some people especially for those from countries that mark gambling as illegal. Yes, this world cup will increase the use of crypto market as gamblers and gambling industry will let it go on large scale. The demand will increase and as we know that the current market of Bitcoin and other coins are low so the demand of people will increase more and more and match after match. Online gambling will also use it and this is huge benefit for gamblers and to take advantage of this time. |
|
|
|
I will start with one to begin the discussion. If you are putting huge amounts at stake and want to keep identity private, online gamblign comes as a boon.
If you are gambling and have entered into it then why you are hiding your identity and what is the need to hide your identity? You should play with fun and entertainment while gambling you need to focus on appointed game and have to play with your experience which will increase your chances of wining. There are many online sites but online system is good for you as you want to hide yourself and can play in your room. |
|
|
|
the market is down now. Coins are cheap now. Do you think it's time to jump in now, or we can wait for lower price?
This is a very good time to fill some bags with good coins, cause at the time when the price of all coins will rise, those who didn't buy at low price will not be too happy as compared to those who bought at low price. Yes it is a good chance to jump into the market and utilize the great opportunity by investing money in assets with low prices and stable market status. Also the investors have been liking assets with good profitability in future and high liquidity. Having said that, we are in a position to invest in a potential asset to maximize our profit which is the basic motto. |
|
|
|
|
Show Posts
