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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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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. |
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Since I started with bitcoin saw the rapid rise and decrease of the price, so as I read the news and other blogs about bitcoin this is the things that constantly alter bitcoin value. 1. Government policies and regulation (sometimes banning of bitcoin), like Russia, India, S. Korea and others. 2. News and media sites ( closing of related bitcoin site and hacking like $60m cryptocurrency hacked https://www.wikitribune.com/story/2017/12/11/technology/nicehash-ceo-speaks-out-after-60m-cryptocurrency-hack/27212/3. Intended market manipulation. Some player buy large amount of bitcoin it causes the bitcoin rise in the market. 4. Limited supply of bitcoin not more than 21M tokens, in high demand. 5 Other policy of central bank. This is few reason why bitcoin alter rapidly. Thank you so much for such type of post, Really it will help for the newbie regarding knowing Bitcoin very easily. I also think that your mentioned reasons are the main culprit for getting an impact on the price of Bitcoin in recent times. But for me, the limited supply is the main reason for increasing or decreasing the price of Bitcoin. It's true that some country's central bank's policies also are working on a lot. So There are several factors that can affect the value of Bitcoin. For example panic selling adversely affects the values of Bitcoin and also is a cause for the red market. Calling the technology scam just because you have faced loss due to incomplete knowledge and unwise decisions also lowers the demand for Bitcoin in your friend circle. A sudden fall can also occur due to some shock. |
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Bitcoin can reach 20000$ by the end of 2018  I believe it can be! You believe this, and this guy who insists on this too: Fundstrat’s Lee Admits Poor Prediction of Bitcoin Rally, Still Expects $25k Price by Year EndBut I do not think we will reach the price of more than $ 18,000 by the end of this year and my reasons are only two: 1 - The pressure of governments and lack of clear laws on crypto 2 - Banks that are intensifying their pursuit against bitcoin I do not think we will see 20000 dollars again this year. I agree The Bitcoin is not a currency of ignorance and that is why some countries realized that it is necessary for their economies and that is why the developed countries are also using it. Recently Germany also announced that we recognized the Bitcoin which is necessary for our country and is a legit one that is why we are choosing it and adopting it. Many countries are also thinking about it after this adoption and want to boost up their economies. |
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I want be a rich man after ten years. May its a dream but but I want it to be happen. Like this after ten years bitcoin and other cryptocurrencies goal should be fulfilled. After ten years I think every market place will be under crypto world. Everyone will be using cryptocurrency.
It is a human nature that all of us want to see a better life and that we always keep on trying to look for the ways which can add up more money to our income so that we can then be able to have a better living. If you keep on working harder and that you remained there in the world of the crypto currencies for next ten years or so, then there are likely chances that you will be able to achieve all your goals. I hope so, but I want the use of bitcoin everywhere in the world no matter what the price will be in that time. The aim of bitcoin is not high price and it should not be treated as business only but also uses it for your payments. When the use of bitcoin increases the price will also go up and when people know the advantages of bitcoin they will automatically transfer their money to bitcoin. After few years the Bitcoin would have gained more strength and potential and would have gotten success which is proving by the average rate which are on the increase trend since its vary beginning. The market shows huge traffic these days due to the low market which charges less and gives you coins in large quantity. The future value will be going high and this is what the current situations will lead next. |
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If you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes.
Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such.
Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to.
Taxes helps in :
Paying the salary of government employees
Making of roads
Public schools
Parks run by the government
Maintenance fees
Making government hospitals
Making high schools ... The list is endless
We all use all these services at one part of the life or other therefore we can just consider it a little payment for that .
People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.
It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.
Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.
Yes, rightfully we are all supposed to pay out tax. But my question is are the government really making use of that money we are contributing to do what they are supposed to do? Well, I know you thought about that twice before coming up with any answer you might have given yourself now. To hit the point, the answer is a NO. They are not using it to do what they are supposed to do, and when they are doing what they are supposed to do, then it’s of no use paying tax to the government. |
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