It is because it is closely associated with playing with hard earned money. There are other times when people would gamble because the money they have with them that are intended for gambling did not come from their hard work- might be from corruption, from robbery, among others. The bottom line is, it is a conscious wasting of money with due disregard to those who have less in life, economically-speaking. It is similar to those gluttons that are disregarding the needs of the hungry. I think this has something to do with the culture we are all in, and you know culture, it is difficult to stop unless you kill the race per se.
It has existed since quite long time but the popularity of internet has made it accessible to wider audience. Earlier, it was limited to rich and influential but these days I see even college students being addicted to such websites. If your studies or work is affected by gambling, it is something to concerned about and portrayed negatively. Precisely.Gambling may be good if you know how far your limits but if you go beyond it,negative results will start to come.Honestly,gambling is only made for an entertainment purposes but some people are doing it for their means of living.If they win,much better,but if they loss,all the family members will suffer.This thought should be avoided as much as possible. Gambling can never ever be good in any perspective as there are no such success stories we can hear in gambling. However, playing by keeping yourself in limits will only help you in your coming future that you will be saved from deadly ends otherwise you wouldn’t be able to bear the consequences of gambling as many people like you and me also weren’t able to do that. |
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It depends on how much you many to earn
Short but efficient answer, I like that. Definitely there is a direct relationship between the capital and the profit to be earned. For getting big profits it is quite obvious that you would be putting bigger capital. Because you can’t just earn so big profits with little investments in the start. On the other hand if you are a newbie but still want to earn big profits, wait and invest small in start and gradually increase it with experience. I have a little different opinion in this matter. The amount of profit that someone would be able to earn only depends on his skills. A person can become a millionaire even with an investment of 50 dollars. For example, Eric bought bitcoin at a low price of 12 dollars and now he is a millionaire. The point is for how long someone is going to hold a coin and how much he is good at making right decision at right time. |
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Hi guys, I have a couple of alts in my wallet right now and I want to gain profit.
I want to earn a profit while waiting for a better market value. Should I enter trading(where I don't have an idea on how to and where to start) or should I stick on HODLing my coins?
Looking at the market movement, is it a good time to start trading?
Is it risky or not an ideal move if I start to study trading using some of my holdings/alts?
I am eager to learn how to do trading(short-term or day-trading).
Any thoughts? TIA
You’re already Hodling, and you know nothing about Crypto trading, so I will advise you to stick to holding your BTC than taking the risks that is involved in trading. If I were you, I wouldn’t take such risk. And you’re also into signature campaign.You can continue earning money with signature campaign while you are busy waiting for the price to go up with the Hodling. The price us already going up, so I believe you might have earned a little profit by now. |
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yes it could happen missing bitcoin in the future. but the digital currency will not disappear in the future. because there will be a new coin that replaces bitcoin with a more convenient and practical system. but the crypto world will never disappear.
I think no, disappear is very impossible and it's just a speculation because I really believe that bitcoin is still the leading crypto in the future even the new coins will come to compete. You seems a little bit disappointed but the fact is that bitcoin is growing again and I am sure that in the near future it will reach to its previous highest price which was 20K, and if more and more people invest in bitcoin and the market cap increases the price will grow more and may it cross 20K till the end of this year. Don’t be panic and be a part to succeed bitcoin. |
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It is true that money should be used in day-to-day needs to be stable, and I think that bitcoin is great for savings or investments.
wanting bitcoin price to be stable at this point is like wanting a toddler to run in the marathon! bitcoin is still that toddler who is in its early stages of lifetime. it needs a lot of time and growth before being ready for that marathon and have a stable price. good news is that if you look at the past 9 years you can see that bitcoin has been on the correct path to become more stable and have less volatility and be prepared to be used as a day to day currency. If you think on it, it may be an advantage but according to other stable products in the market it is considered as a disadvantage. Bitcoin is advantageous when its value falls and again goes high and when high after that again falls down, so all these fluctuations are good near those investors who find it difficult to buy Bitcoins. For those Bitcoin is an advantage. Bitcoin market is known for its fluctuations, sometimes the value go up and sometimes go down. It is the beauty of Bitcoin and made it very interesting according to the well of people. People we have seen are now special ones as they are buying valuable cars and other products after making the billions and millions using Bitcoin in real means. This all is possible just because they invested in low market and sold out in high market. |
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Growing bitcoins is possible on by trading as I don't find any other genuine ways to grow them as most of the investment programs are scam and will not give you anything in return and there is always an risk of loosing money in it if you invest blindly but even if you are investing your money in trading it would be good to do proper homework before investing.
Growing Bitcoins is a one step solution if go and follow the principals will make your coins grow or you will get once but a lot of Bitcoins. The principal is to invest while the market is down and is easy for you to afford Bitcoin at low price thus if you are buying Bitcoin worth 8k dollar at high market will buy more coins with that amount when you buy at low market. So if you want to double your Bitcoins then invest in a low market price. |
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Been part of out tradition on some countries which it isn't really complete if we don't see those things specially on occasions like "fiestas" where those kind of small scale gambling do exist.I do see some countries which do prohibit this but I do see most of the them do really allow this thing since it just really for the purpose of entertainment for those people who do visit or stroll into that area.
Even it is prohibited, there are exceptions when it comes into being used in it, I know that some "perya" were only allowed if that municipality permitted them, same in some wakes. Maybe it just depends on how strict the implementation since as long as people can do it without being arrested, then their fun continues. Gambling has been around a long time and can not be destroyed and some are made as a tradition, and almost all countries ban gambling because it will get a loss and even become addicted to those who play it .. but it is difficult to ban it because gambling will always be there forever and their various ways will still gamble despite having to hide because it has become a cultural tradition of our ancestors Gamblers will always have many ways to find that idea gambling. Gambling is not just playing casino or just rolling dice, far from that everything we guess will be made a bet. Do you hear Ludo game? in my country that is very popular. They gamblers find a new places to serve as gambling establishments. Gambling is not a tradition anymore, but gambling is the root of tradition. No one can afford to find a way to stop in gambling, the old way that can be replaced in a new way. Regulation and religion only as a means to awaken the gambler in a moment. Ludo is also a dice game. Player is supposed to roll the dice and it depends on luck what number he gets from 1 to 6. Ludo is a little popular in the world I guess. I care less whether this game is a culture or root of culture but one thing is for sure, this is a useless game and an evil which can destroy the life of its player and this is all that matter is reality. One must avoid becoming part of gambler’s community. |
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Gambling is part of life, but if you gamble Bitcoin means you want to take the risk it's because gambling can give you two option. Be poor or be rich. Waste your money in gambling without even thinking your needs then your done, but gambling with wise decision then your okay with it. We cannot just conclude what gamblers feel, it always depends to what we want to do. Don't gamble with shitcoins always gamble with pure one.
Gambling has never been part of life. You can live a normal life and get rich without gambling. It can make you either poor or rich. But it is going to be your choice whether to be poor or rich because you can gamble and be aware of your limits. Gambling can teach you lots of things, but once you are addicted to it, it will turn you to the dark side, and it will be hard to get out of it. And by the way, what do you mean by shitcoin and pure one? There is never a choice for the gambler. He can wish to win but he cannot choose to win. Gambling is a luck dependent game and most of the times, the house has edge over his players so it is almost impossible to defeat luck and house at the same time. This game has destroyed happy families. One must never try it at the first place because it is a way too addictive. |
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First of, trading can be a very good opportunity but you need to be very serious on it if you want to be successful. i didn't saw anyone or heard that didn't became successful without any hard-work put onto it. and learn the basics to get that foundation you need in trading.
Trading is the best method of getting rich and if we talk about bitcoin trading, I think this is the most beneficial profession on the face of earth. But with big rewards come big challenges too. Dealing with the digital market and then with the most fluctuating coin indeed lays some pressure on the person. Many people give up because the journey seems to be more than their capacity. |
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For weak systems, hackers may be able to power with this. but is the paper money safe? many corruptors you will make friends
i think between that physical and digital money has its own advantages and disadvantages. but clearly government can not resist development of technology, so that later will also be legalized by government There is nothing perfect in this world and an invention of human can never be without a flaw. Definitely, digital currencies has its own pros and cons and same stands good for paper money. It is the need of time that decides what someone is going to pick between both of them.Digital currencies are according to the requirement of present and future where speed matters a lot. |
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Hi - Newbie here..I would like to put down 1000 USD next week.. What would your advice be to me?
Better to invest in TRX , EQL and EOS as it's really has a potential . I can see those 3 crypto will have a very profitable income once hold for like a year . In my opinion, the best crypto to buy now is ETH and Bitcoin. One should keep in mind the consistency of the price charts and the risk factor before investing. Bitcoin has been heading up slowly and steadily. Couple of month age, the value was around 6l$ and this morning the price is more than 8.5k$. Also ETH is becoming more and more attractive with the passage of time. If you invest in either of the two, it will payoff in days to come. |
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As well the best to for me is something like:
1. Ethereum
2. TRX
3. Ripple
4. Litecoin
5. NEO
If you will invest in some of them - you will get profit
There're my experienced coins that's why I'm writing them here
Also you can invest some in ZCoin
But, please, don't invest all your money into th cryptoworld
Nobody knows what could happend
If we are not talking about only altcoins then I would put bitcoin on the top of the list. Only this digital currency has the potential to make a person rich without waiting for years. It has already made millionaire and is attracting masses from all over the world due to this reason. The coins that you mentioned are also potential coins but they are a way too below bitcoin in all aspects. |
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Yes! I believe the situation of bitcoin now is a good chance to buy because it is still very cheap. This affordable price will lead the strong hands a satisfying profit while stop the shaken of weak.
Few months ago, Bitcoin was one of the most attractive coin for investment and has been attracting investors ever since. The current value will be very less than the value of the coin in coming months or years. So yeah, it is a good price to go with. Had you invested few months earlier, you would have earner pretty much so far but even at the current prices, the worth of your portfolio will be higher in future. |
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The value affects the price, and I'm going to analyze the value of the decade.
To understand the value of bitcoin, we start with the basic value of money, which is also money.
Money is the most common and effective mutual trust system ever. In any form of currency, its value is essentially: "does anyone believe" why the dollar is the most valuable? Because the world believes in it.
The popularity of bitcoin has grown rapidly in recent years with the development of the Internet. I predict that the price of bitcoins in 10 years should be more than half a million dollars.
Well i hope so , but one of the factors of bitcoin is decentrelized and volatile which means it can decrease and increase all of a sudden, i predict in ten years maybe not just a million dollars , by the excessive and sudden gaining popularity of bitcoin i think in ten years will definitely surprise us , no doubt but i hope and looking forward. I'm not sure about bitcoin can be that but i think bitcoin will be known to be the first cryptocurrency and blockchain technology that bring them into real life. Maybe in the future we will see another "bitcoin" with high and good prospect. Ten years later will be big and many technology/business and manythings will adopt blockchain. After ten years or so, this market will be much more mature and that the market value as well as the demand rate of most of the crypto coins will be much higher than now and then we may be able to see much more stable market as well and that things will then be in very much favor of the ones who have invested their money into it and the ones who believe in it and above all, the crypto market itself will be in much better position. |
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Do you understand the investment risk? I think you need some knowledge in that trade and recognize some coins that will allow btc and eth to hit. If you will buy eth and hold it, you will need patience for USD which will increase. And I suggest you try to learn some coin here https://coinmarketcap.com/exchanges/bitfinex/just a suggestion for investment in the DASH.QTUM.XMR token I think that all those who want to invest in digital currency are full aware of the risk, because no business is there in the world which has no risk. You will have o take risks to be a successful businessman or trader experience is also necessary. For me the first option is bitcoin and the Ethereum and then Liza which is a small crypto and is growing very slowly. |
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In my opinion they are really afraid if their citizen become rich and it must be harder for them to control the citizen. They trying to ban everything that they think will destroy the government.
India must not be doing this. If they are really banning bitcoins just for the reason that the citizens become rich and those bureaucrats will be losing their power to control the public. But I think this is just a fud. No one is such foolish to ban something for covering up this statement that their citizens might get wealthier. Rather every government work on this to make their citizens prosperous. |
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If you have nothing to do, you can trade a little. You better do it on a demo account. Unless you want to lose your money.
This isn’t the solution. How long can you do trading on demo account just for the reason that you don’t want to lose money? Is it right? No, brother you don’t have to do this. Rather do learn the techniques and practice them on demo account but as soon as you become satisfactory with your performance, just come in the main stream. Don’t get feared with loss, it is a temporary lesson for your better future. |
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Currently I trade a lot on Bittrex because it has huge trading volume and many altcoin are traded on this Exchange. I also use Poloniex but in the past there was a lot of bad news about Exchange so I was not trading anymore. Bittrex also has very high security, and it also integrates tools to support technical analysis for traders.
I have rarely traded much on poloniex as the first time I used it, I just did not get that good vibe from the exchange at all, asides the fact that a lot of people have always complained about the wallet issues based on deposits and withdrawals. For bittrex though, it has always been my number 1 exchange even though and they are always trying as much as possible to get it right and stay on top of their game which is good enough for me. |
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The goal of the day is impossible, if you can make a profit so I think you are a good man. In my opinion the Crypto market is not suitable for us to invest day, the market is falling so getting 1% is very difficult for you.
Making 1% daily sounds a bit not possible but it seems you are interested in investing. If that is so, you just need to go that way. No mater how slow the value rises, an investment held for long will pay off for sure. Once the pace in value of the coin appears, in the market, a 1% profit will also be possible. This technology has many other uses which save money. MONEY NOT SPENT IS MONEY EARNED. That way it is way too economic. |
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In recent months, the market has dropped a lot. Many people's portfolios have fallen by 50 percent, and the answer is basically waiting.
We can sell it at a higher price and buy when it goes down.
I think we'll lose a little bit less, better than nothing.
Because it is an attitude you must stay with when you're investing. Not everything is rushed. When you invest, you should have a business mind. Money isn't easy. Wait for it to grow, expand and give you higer value. Your waiting will be worth it. Waiting for investment is wrong but waiting after investment is essential. It is not possible to earn money without spending some time. Nothing happens in a blink of an eye in business world. To make money, the investor is supposed to hold and the longer he keeps his coin with him, the bigger will be the amount of profit earned. Hurrying up with no care would only bring loss. |
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