Yes. I think it is important. What if you come to a gambling site and you are not familiar with the game so you will naturally lose because you dont know how to play yet. Some also already know the cycle of numbers in the cards and that is also because of experience.
Experience does matter in gambling and to all what we are doing in our everyday lives, without any experience, we might suffer from some loses since we don't know how gambling works and so many more. Experience could help you in so many ways when you are playing gambling, number one for me is you could minimize the loses and you know what to do next when you know you are losing too much already, something like that. |
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Hello Everyone. Recently my friends Asked me. Now I can investment with bitcoin. I said my friends. Of course you can invest bitcoin without tension. but my friends can not believe bitcoin.my friends tell me bitcoin price always dumping. It's will be got this scam.  I got this boring felling with my friends opinion. Because I always believe them bitcoin about. Bitcoin is the real king crypto currency world. Bitcoin will be never scam. It's not possible.  What? Seriously? bitcoin is dumping indeed sometimes, but it doesn't mean that it is a scam, because that doesn't make any sense at all. Maybe your friends trying to said is those ponzi scams out there which uses bitoin to attract investors. But the real bitcoin is not a scam and will never be, so don't listen to your friends and take the risk, and thank me later. |
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If the major investors starts dumping, the prices in btc will start fluctuating or we may see major market correction moves as well which would bring the market to its instance price initially. At that time, we do not know what would be the saturation of the market and how do the market makers react on this scenario. However, dumping the btc itself gives an indication that either buy or sell.
Simply dumping of bitcoins is not enougn to destroy it, and it is too impossible to happen since only insane people would do that. We love bitcoin to the point we are holding it even though the price of it is a too low for us to sell. My opinion about this is bitcoin could be destroy IF there will be a coin that is going to be invented by someone that could overpower bitcoin itself, good luck whoever wants to do that. |
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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?
What kind of stupid people doing like that, taking a risk in gambling is not good because we all know that gambling we won't make us rich easily. So if you lose at that time then stop, set amount that you can afford to lose and don't get too much amount from your wallet if you are taking a risk just to chased your lose, well, much better you stop rather than you going home without nothing. So, guys gambling is just like entertainment that brings you to relieved stress from work. Gambling does one thing and one thing alone and that's to make the owners rich so if you believe that you are going to magically win the Jackpot at a one point, then i suggest you stop dream especially if you haven't even won a damn thing so far whiles gambling. Foolish as it may seem, there are people who would go through that risk. Perhaps being exposed to one hit wonder, rags to riches stories in movies affected their thinking but it's not that uncommon that people go for broke. Can't imagine what they're going to do and to what extent if they lost their money to go home Should I call it plain greed or stupidity that would make someone want to consider that they can just hit the casino, gamble and just get rich in one night without 99% possibilities of losing? A lot of people think that and you see a lot of people even on this forum asking for strategies and then saying it can help them to keep increasing their holdings playing dice without doing anything. That makes me laugh a lot. Only if they knew! Yeah it could be possible for you to laugh when it comes to the mentality of the people who want to be rich in one night via having high bets set in gambling. This is not possible to happen because in gambling the risk of loss always overwhelms the situation. And all I can say about such a situation is that one should keep himself focused on taking chances with set limits than asking for strategies to earn a complete win. It is not that bad to be positive when we are playing gambling, thinking that we could be rich in one night in gambling is possible but the most of the chances is that we are just going to lose our money on gambling. Winning in gambling is just once in a blue moon, let's say you tried gambling once then you won already a huge amount of money, then you decided to continue but you lost all of your winnings, this is what I'm trying to say, it is all about luck, and luck only hits us sometimes. |
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Yes! I did once. It wasn't a deliberate debt for gambling but I just took a btc debt from a friend to meet some expenses on buying good over this forum. . But then I thought of another solution i ended up sending money on bitsler and playing a roll over their. My luck that the money increased just by 10%
But you could easily end up by just losing it all, anyway, it was a risky move, and i would never suggest it to anyone who really wants to earn money. And a whole bitcoin is aproximately $16000 at the moment, did you seriously gambled all that money? The max amount of money that i used to gamble on the past was not even closer to $1000 or so.. It is a huge amount of money, how did your friend re-act? Maybe he was mentally and emotionally prepared when he played gambling, that is how he paid his friend back, he didn't give up that easy, maybe he said to himself that he is going to give another try and if he lost again then he will stop, but he won, that is why he paid the debt that he owns to his friend, lucky him, only few people are lucky in gambling. |
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I have been in the market for awhile, and always hear the same mantra about trading to hold more Bitcoin and not Fiat. I bought into the same mentality for a long time, but I'm changing my tune. In almost every industry, first generation leaders are replaced by competition. From Sears, Kmart, Nokia, Motorola, Yahoo, MySpace, etc. Although Bitcoin is the current crypto reserve currency, I think that its dominance is threatened by ALT coins with faster, cheaper transactions and greater scalability. What do you think? Is it smart to hold Bitcoin as a long-term investment, or are there better choices among the ALT coins like Ethereum or Litecoin?
You made a good analysis. But coins can co-exist. So maybe in the future Bitcoin will be used more as a store of value, while other cryptocoins will be used for daily transactions. I'm not doubting bitcoin as a coin that is good to hold for a long run, unlike any other coins out there, bitcoin is one of the coins that is good to invest our money at. Bitcoin have the most big supply in the market, enough to assure that that there is no reason to have second thoughts on investing or holding bitcoin, because if you are going to buy bitcoin and you are just going to sell it whenever you want it, then you are throwing away your profits. |
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I have been investing in cryptocurrency for 5 months . I am buying some icos and holding coins. I started with 5000 usd. And sometimes my balance went up to 30k and down to 12k . I feel very uncomfortable when my balance is dropped.
So i want to know is there any strategy to protect your balance before the dump?
Anyone can help please.
Thank you so much.
Sorry buddy. As per my knowledge there is no way aware of before getting dump. If you want to trade you should have the mentality to accept both profit and loss.Trading is like gambling, the best way to avoid your loss, if price go down, you should keep calm and wait for some days, within few days surely it will hit again. So the patience is helps to avoid your loss. Yes, if there is any information about dumps, maybe everyone is avoiding losses. but if trading altcoin trades the indicator is the BTC price. If the price of btc rises / falls quickly then certainly altcoin dump price. Correct, there is no way to predict what is going to happen in the market, the only thing that we can do is to risk our money, time and effort on Trading. Trading is about having more patient than holding, because you can't make better decisions in life if you are always in a hurry on making one, you are just going to regret in on the end that you are making decisions out of nowhere on Trading your coins which you thought it was the right thing to do, but it is not. |
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The top 10 or top 5 on the market is safe to trade but don't buy when the coins are pumping because you will be stuck on holding or cutting your losses.
Yeah, but they are kind a expensive, though they are safe for sure in Trading, good to hold in short. But the truth is that there is no coins that is safe to Trade, everything in this world have their own risks, same goes to Trading. If you are not ready to lose any of your money then don't start trading, being afraid won't help you to be a good Trader and to make profits, no risk no glory. |
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I did not have the experience of trading on Forex. Therefore I started from zero. I read a lot here on the forum. I could read telegram chats. I started trading after learning from a familiar trader.
Trading in Forex is so risky for me, I've tried their demo and found out that trading real currencies is so hard to predict than trading cryptocurrencies, that is why I gave up my dreams to make millions of dollars on Forex, I'm just trading cryptocurrencies on exchangers and joining bounties to earn tokens, which is a good way also on how to make good money. |
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Learn about support and resistance, its helps you when to buy and when to sell. Be more patient and keep calm.
You must also learn how to read some patterns on the price chart, also the walls, because that is important, most of my friends use that technique on Trading, I'm saying this because they are making huge profits just because of that, though it depends on what strategy or technique you are going to use on Trading, we have our own way for making profits. |
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I never enter a casino with credit cards or money i can't afford to lose, i expect to lose all the money i have with me. For me it's like spending money on a night out (only a bit more  ) The same with me, I also never because I don’t want to lose money so alone only with a game I think less interesting, we play only briefly and lose money so much in the last night, for me it didn’t make sense because of the risk of money in a good luck Spending too much money in gambling even if you already knew that you are just going to lose it is a nonsense, because how come that someone would risk the rest of his money just to continue playing gambling after he lost, maybe his excuse would be to win back his loses, which make sense, but we didn't have to. There is a lot of ways on how we could win back our loses, not just on gambling. |
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Depending on what kind of gambling, in sports definitely, casinos not so much.
Experience is important when you are playin gambling, because if you don't have any and you are just going to play gambling out of nowhere then you could lose your money that easy because you don't know how the game works, unlike if you have the experince then you could minimize a little the chances of you losing your money. |
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Gambling is not a necessity so we know we dont need to gamble. It is like alcoholic drinks and cigarettes are also not necessities but people want it. They enjoy it ang maybe somehow it makes them happy. Like gamble there is nothing wrong with it but it is the bad effects that make it wrong.
Using the term "need" is not really appropriate for gambling, because just like what you have said people just wanted to do gambling since it entertains them or they are playing gambling just to kill some time when they are bored. When gambling became a habit for a certain person, not playing gambling even just for one day would feels like it is already 1 year, that is how it feels. |
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Yes and im so sad because this is my first bounty joining tthis is my first experience to join in bounty and im so sad but this is not to way to stop me to join other county projectin i always careful to choose a good bounty
The first time I've been here in this cryptocurrency world is the first time that I've been scammed, but that just happened only once, I've learned my lesson. I guess we all have been scammed in different ways, in different amount of money, but I hope that we learned from it, because if we are not, then we are just going to repeat what just happened, scammers will always target us if we are going to be naïve in this world. |
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Yes bitcoin is hackable thats why its risky
Bitcoin itself is hackable, but the bitcoin network is not hackable, that is why we must secure our bitcoins in our wallet, we must be aware on the wallets we are using, because there are some wallets that is easily to be hacked by professional hackers, hardware wallet is the one that I suggest you guys to use on securing your precious bitcoins, it is hard to sleep at night thinking if our bitcoin is safe or not. |
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I think the main reason why people needs and prefer to gamble because they want an easy to get earnings, less efforts and time. In gambling people tend to satisfy their earnings from gambling even they take risk out of it.
It is true that you could earn easy money on gambling, but don't expect that you could win always whenever you want, it doesn't work like that. Gambling is a very unpredictable game, that is why it is all about luck for me, and I'm not seeing myself playing gambling again, it is not just worth it, I'd rather spend my bitcoin on Trading than on gambling. |
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i think trade is better
Both are better things to do, holding is a passive income, and Trading is an active income, that is the only difference between the two. Most of the people only holds bitcoin for the long run and they are trading their tokens so that they could make profits and make their money to circulate. But if you are going to ask me, I'm going to do both to have many profits in the long run. |
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Yes, thank you for the reminder. I only send BTC to reputable wallet, many users. Never believe in rumors of people about unknown wallets. In the crypto market there are many risks. I think we should be careful not to lose bitcoin. Many hackers are trying to attack the wallets in any way. Everyone be careful.
To be honest we can't see them coming, but there is a way on how to know if the one that we are going to have a transaction is a scammer or not. The number one rule for that is not to trust someone so easy on the internet just because he is speaking like a professional, that could be a way of scammers online on how they scam people, by using sweet words. Second is that you have to ask some legitimate proofs that they could be really trusted before processing a certain transaction for example. |
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It is very impossible because we all know that trading maybe risk in terms of heavy price. We all know that they have a right time to sell and buy because this time might be complicated compared to last few months. They are lucky because they could observed much predictions.
There is no such thing like that, oh come on guys, seriously? It is like living but you are not breathing, that is impossible. Everything that we do in this world have risks, so it also applies on Trading, we are not the one who is manipulating the supplies of every coin in the market, therefore we don't know when we are going to lose some profits or when to have some profits, simple as that. |
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Long term investment is profitable in case of bitcoin. Because bitcoin prices doesn't get increase a lot in just a single day, it takes some time to if you want good profit.
I agree, bitcoin is the only coin here in this world which could give you sure profit(a huge one) in the long run, unlike if you are going to hold other cryptocurrencies, there would be times that you could lose your profits and there would be times that you could make profits if you will do Trading the right way. Though it still depends on where you are comfortable, in short trade or in long term investment. |
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