"Sometimes" as in? Very few times such dreams come to reality that you hold some few cents worth shitcoin and it makes you a millionaire. It does not work like that for most people who are down on luck and have a hard time getting to trade with proper profit in the making. But keep promoting those shitcoins because that is exactly what their owners want you to do.

Make sure you increase your crew and feed your brains with that coin becoming the new bitcoin and taking over the market. Such occasions are rare and mostly impossible to happen though. But who cares anyway? The coin devs know that as long as the crew is fed with BS they will act like robots and promote it, inflating the price while they silently dump and exit.

How do you define "value"? If your yardstick of measurement is market price then its a false logic. The same money is used to inflate the price of bitcoin and you talk about having a value more than the money? Definitely the price will rise if more and more people bid on the orderbooks.

But does that change the value of the fiat being used? It does not. A crypto economy is far from the future. What we think here is because we are bullish on bitcoin and adoption becoming slow makes us say these things even without understand basic economic principles.

Those coins are literally nothing but shitcoins which people think are of worth value but are actually worth nothing. If you use the same argument for the original bitcoin then the community support behind it is what differs. Then we also can have a community behind these shitcoins and that is exactly what the owners of these coins want. Hence my advice would be to boycott the use of any bitcoin-forked coins as much as possible. Do not support these so-called-scams and preach bitcoin adoption to your friends.

The pot is there to attract the crowd. Thats all. It has been there since the physical casinos when they first came into existence and still stand there giving the immutable proof that majority of the casino games are in the long term going in the lines of the house and not the player. Few jackpot winners are those who have been really lucky or cheated the game.

But the pot does what it is supposed to do - that is draw a crowd big enough to make sure the casino milks them several multiple times of the amount in the pot, such that in case in future someone wins the pot, the casino is still in a new profit.

Not really. Unless you are some whale with access to more than 10% of bitcoin supply worth of coins.

This has nothing to do with being in the technology and making profit. A bear or bull market is only price index, nothing more. It denotes exactly nothing other than the price being speculated by hungry traders trying to make money by pumping and dumping. They literally dont care about their asset's future value but only in their monetary gains. The current market price is hovering around 8.2k trying to go both up and down. Better to wait a few days than buy or sell.

Only bitcoin is what I would suggest. The startups that you think are going to be big in future are actually going to be worthless. Thats how crypto market is these days once the ICO buzz ended down last year. Now people are looking for alternatives to make money. But truely these ICO teams ripped off money from many investors and they delivered nothing but fake promises. Even Patreon is better than this.

People need to realize that this market is full of this type of "legal scams". Nobody is going to be responsible for your money. Stop feeding koolaid crew coins and focus on bitcoin only.

First LMAO Why dont you use your "script" to make money and use that? If you are broke enough not to afford even 15$ to try your own script which you claim to be able to make money then you should not waste money paying internet bills to come to this forum. Use that money instead.

Second LMAO. Not even 2 lives I am sure.

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Enjoy your negative trust.

LOL that slow burn.
True that mate. Most people just play to lose money, ironically they came to make money but ended up busting their entire month's salary and gone broke as anything.

Few people are either jackpot winners who have stopped playing after that win because they were wise to know that the more you play the more you lose. Or it can be paid promotional content sponsored by the casinos for putting up on social channels. This black marketing also happens to draw in more traffic to the site.

OP, you say you have been trading for sometime, so I guess you already know about when to buy and when to sell - thats called spot trading.

Now margin trading is a different ball game altogether. It needs you to "borrow" some amount of either currency and use that on a leverage to predict the future price. If you manage to predict properly you get a return which is pretty lavish. However the downside is that the loss is huge if incurred. Also in order to keep your position open you would have to pay liquidation fees regularly till you cancel that order.

This is like I said but not as simple as I have put it. You need to be alert and full of different tricks and know that margin trading site's UI like the back of your hand. I do not suggest margin trading to any person because to me, it nothing but gambling. Actual spot trading is not completely gambling though.

If we were to think of a system totally run by bitcoin economy then we would be bringing our own doom. The fact is that the government services that we get and fueled by taxation system. Say bye bye to tax and you can also say bye bye to the privileges that you get for being a citizen of that country.

There is no system to "govern" over the bitcoin economy, not that it needs any, but thats what prevents it from become mainstream. What will happen in future is still a mystery but we can hope for the best for all of us being bitcoin enthusiasts.

No it is not holding. It is selling.

If you dont sell you dont book any profit for yourself. What you do if get euphoria for seeing huge prices and thinking what profit you would have got by selling the held coins but you are actually just dreaming and cant let go of your coins for a few days. If you would sell at the tip and hold the cash for the dip and buy the dip you would actually multiply your held amount. But who cares about selling and buying back anyway?

You are contradicting your own statement. A person who is experienced will and can make mistakes but the frequency of those mistakes will be lesser than the noob trader. What differs is not this mistake frequency but the intellect and the prediction power. What comes to me is that there is a difference in experience but you never know when luck can hit.

Whether a risk involved may lead to big trader profits or big losses in future nobody can say for sure. But we do trade taking some assumptions and most become correct because we saw happened in the past.

I doubt you actually made any profit from joining those groups. You might be having a false impression that you did while you are being fed with the group owners bullshit propaganda promoting some shitcoin. There is nothing to be surprised in this because this is what happens in every such pump and dump group. The owner promotes and the idiot followers buy it just because the owner said so and while this happens the owner sells their own shitcoin stock on the followers laughing away at their idiocy.

Each and every pump and dump group is this same story.

Having control back in your own hands is the first sign that you are turning back the table on your addiction. This is a good sign for a person who wants to get rid of their addiction and start getting involved in more fruitful work.

I think a person who is able to be control and have discipline would not gamble at all. They would stop it entirely and depend on other sources of earnings or get a proper job and lead a happy and safe life away from all the debts and money lost. Discipline is something that is lacking among all gamblers, but hey, thats what made them gamblers in the first place and its going to keep it like that.

How do you determine a change then? Bitcoin is also money. It is not a prime solution to money. It has a deflationary system and that is what makes it different from printed money but it is still a mode of payment.

If you think money is fooling you then bitcoin is also fooling you. What you saying it driven by a delusional concept that the government is promoting use of fiat just because it fools people - that is wrong and a misconception. Government likes fiat true, but that is being used for a reason. The economy of a bitcoin based so-called uptopia is not feasible. There needs to be a fiat crypto balance to make it feasible.

Something that was done since crypto came into existance. Every scammer wants people to believe in them until they pull the plug and leave everyone in the darkness.

He is a person with a 12-year old brain who is using his own name to promote their shitcoin to be the real bitcoin which is actually a copycat of the original one. Whether it is the real satoshi or not is irrelevant here. Even if he was, he would not be able to prove it and neither do we need him to. Satoshi went dark for their own reasons. There is no need for any more drama on that.

This is actually the bad time to enter. When the price is rising it is the time to sell and get the cash so when it drops you can buy back. Actually you should not sell all your coins at a pump because a bigger pump might be coming soon. This comes from practice of knowing when the price is best to sell and when to stop selling and wait it out.

Dont go for altcoins too much or at all because they only give you temporary gains and its good if you are able to book it quickly and come out, otherwise you will end up making losses. Altcoins basically piggyback on bitcoins price pumps. They dont have anything worth pumping them at all.

Bitcoin's price is not determined by anything. If you decide to buy it at 1$ then its price is 1$. What we see in exchanges as buy and sell walls are just because people are ordering coins at those prices. Nobody wants to sell below the market price which is the current highest bid and thus the price inflates are become big. But if you wish you could also sell it at lower price at your one dealings. There would noting keeping the price stable here.

It is not like gold where a piece of gold is pledged to every ETF of gold.

The demand for gambling was always there. People are trying to use their luck to get money since time immemorial. Whether it was just betting over a neighborhood rooster fight to high end horse racing betting, there have been a good share of both the poor and the rich people gambling. Only thing that changed is the mode of playing. Physical become online and payments became digital.

Now crypto is being used to pay for these bets and soon people will be able to accept bitcoin for more purposes as it gains popularity. However the only issue that remains is the trust of the player for the bookie.

Can you share some ideas on how you are finding day trading to be more profitable? I know that day trading needs a lot of determination and daily work but long term hodl is also good. But I would definitely like to see some sort of a demonstration of the profit that you speak of. That is if you ever read this comment.

An upcoming news will push the market. This is a bullish indicator. While a hack or closing down of an ETF will be bearish on the market. These are some things that you can use to predict. Overall just keep both bitcoin and fiat ready whenever you are hodling. Buy or sell as per the market movements.