It will be a different perception of what is better for the long term investors, and I think we don't have to compare Bitcoin and gold. People who believe in bitcoin will say that bitcoin will be better than gold. But if you ask about that to people out there, you will get the answer that they like gold for long term investment. But for me, I like to have both bitcoin and gold because both can give me a profit in the long term, and bitcoin will also give me a short-term profit.
The investor will find another thing that can profit in the short, medium, and long term. They will not stop to search that way to grow their money in the long term.
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We've seen the bomb already, bitcoin reach $40,000 more. That's the bomb and maybe now we can wait until it will drop and see if how low it will dip and then do the usual thing, buy at dip. Biggest winners, I guess there are only few, altcoins i see now that won in this bull run is ETH but like I said, things could change due to correction and it could happen anytime.
I guess we will see another bomb will explode, especially if the bitcoin price can back to $40k, and it still goes up to more than $45k this month. People will amaze that because before it increases so high, bitcoin already dropped too deep a few days ago, and now, the price seems to have another power to lift the price to $37k, and the price still has a green candle. I am sure many of us are winners in these situations because we already bought bitcoin when the price is at $32k, and we can sell it right now to make a profit. Or we can still hold and waiting until the price can increase more than $40k to sell the bitcoin.
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If you can see there is a big demand for buying the altcoin, you can place your order sell for all of your altcoins if you want to sell it at once. That is what I will do if I want to sell all of the amounts, but if I think the price can increase higher, I will split it into a few orders.
Perhaps, you can sell some amount of the coin that you think will give you a chance to get your money back.
For example, you bought the coin 1000 at 0.0000010 btc and you use 0.001 btc. After a few hours, the price jump to 0.0000020 btc, so your profit will be 0.002 btc. But you only sell for 500, and you get your initial money back for 0.001 btc while you still have 500 which you want to sell at the next high price.
And if the price suddenly down to 0.00000070 btc, that will be your profit because you already sell some amount to get your initial money to buy that coin.
People want to buy the coin that down faster because they have expectations to make a profit from the coin, so they will buy the coin at a lower price.
But you can use a stop-loss order to anticipate the crash of the price, so your losses will not too big while you can get your money back although you still lose.
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I just don't get the logic of these type of people that offers bots to have a higher chance of winning. If you're winning plenty of amounts, why bother selling it? Let's just say that you found an exploit to a casino or lottery. Would you share it with anyone, even those who are close to you? I think not. A reason that you want to share it with others isn't that convincing. You sell it without even proof of the website you've played.
I think that is because the bot is not working anymore for them, so they decide to sell it to people and hope some people will interest in the bot and buy it. If I were him, I would not sell the bot, but I will do it for myself, and I will try to get more and more wins before the casino realize that I used the bot. But even if he gave much proof to us, it doesn't mean that the bot will work for the buyer because I think the bot needs to use a different method to get the win. I don't think it will be easy for the buyer to follow every step he gave to win.
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I think I have heard the news in a well-known casino in Asia, where they are cheating the casino together with the banker, they were betting without any money going out, instead, the banker is giving them chips, they were groups in the table, maybe they are doing it in a long time but the bad things is they were caught when an officer of the casino saw the banker giving the guest chips and bets it, they were also monitored in the CCTV for a while then approach by the management and with the guards.
People nowadays uses trick or uses people to do business, atleast they were caught now. Casinos should be more observant now especially that many countries still in lockdown due to Pandemic. They can easily see who is cheating or doing unnecessary moves in able to win. Now that casinos were more in online transactions they can tighten their security physically but also they need to adopt in new technologies to keep their business. That is a lesson for people who want to use tricks still and cheat the casino. They need to check about CCTV which can be installed on that casino, and I think not just the casino that installs CCTV, but it is installed in the other business. The casino or the security can monitor all gamblers who gamble on their place, whether they gamble or just watch the other gamblers play. In the online casino, I think they have good security officials who always monitor all activity on their site to know what the gamblers do.
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~snip~
But many is so lazy to put a security measure to avoid those hacking issue on their account and they will always threath the 2FA as a hassle option to put in their accounts that's why it's not surprising to see man got fall from hackings. And your right we should follow the recommendation since the casino knows it is best for any to make their account more safety. That is because they don't think much about security for their account, whether their account in the gambling website or on the other website, and once their account gets hacked, they feel regret. They try to ask other people how they can get their account back, even get their money back. But everything already happened, and they can't do anything to have their money back. The casino wants to protect their member's accounts, but if their members seem don't care about their account, that is their member's decision.
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Yes, it is possible to go down to <$5k again, but that will be hard to lower than that price. But as we know that we don't know what will happen in the future, we can hope that thing will not happen in the future. Instead, the price will go for more than $40k in the future. If that price comes to the market, even if for just a short time, people don't want to miss the biggest chance to buy bitcoin at $5k, and I am sure they will instantly sell their altcoin buy bitcoin at that price.
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I think you can hold it for the long term, and try not to panic if bitcoin price is down because that can make you make another mistake by selling your bitcoin at a low price. You can buy back bitcoin at a low price if the price is down again after this to have more bitcoin and you will be ready to sell when the price is back to the high price. But I think the pump of bitcoin price will not happen soon because the bitcoin price seems stable at the current price, but we can hope that the price can increase again in the next week. If you already bought bitcoin, you need to hold, wait for a while, and don't panic.
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I think that is why we need to know how much money we need to use to invest in bitcoin. Perhaps, we need to control our emotion, especially if we see bitcoin price get drops too deep like what we see now. But it is wrong if we can't sleep well every night because of the drops of bitcoin price because we will not have a healthy body, and we can't see how to prevent the losing money in the investment. Just believe that bitcoin will increase again, and this moment will be another correction for the bitcoin price, so we don't think negative that can impact our health.
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Im familiar with this because of some movies that I watch with actors playing card games, a technique used by gamblers to cheat and win. If you're not caught you can earn bucks otherwise its a mess. We all want to win and beat the house edge but its better to do it in a right way and not through cheating. Its nice to become well known for being a gambler with working strategy rather than a cheater who is greedy to earn money.
But that doesn't mean we can win many times with the same technique because if the casino suspicious, they will search for what is wrong with their system, and if they found a bug on the system, they will fix as soon as possible to prevent a gambler can cheat again. Yes, we all want to win, but we hard to get it, and using a cheat way will be advisable because that can make us get in the trouble. As humans, we will try something that we think will work to win the game, and if we can win, we will try again and again. So we should not try to cheat and play as the other gambler who search for the fun things.
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I haven't gambled for about 6 years now, so most of what I earn in signature campaign are invested and hodl. I am still a student so I do not have that much use when I convert my BTC to local currency, I think that it is for the better that I stopped gambling even though the money was rolling back then, I do not feel any joy after playing a lot of games even though most time I am winning.
Stay away from gambling my advice. the excitement is only for a moment or the big victory is an illusion. many people are poor. at the learner stage greatly influences the future. and I salute you for wearing a gambling signature but for almost 6 years not touching gambling. The tempting of gambling is too strong, making many people curious, and finally, they are playing gambling just to feel how to gamble with their money. He is one of the people who can hold his mind not to playing gambling for that long time, and he is lucky to have bitcoin in his wallet. And if he sells his bitcoin, he will make a lot of money, especially if he sells at a high price. We can stay away from gambling, but that will depend on how good we can control ourselves.
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~snip~
It is as simple as that, we must not see 2FA as a waste of time but as an opportunity to secure our coins further, since the price of bitcoin has been going up a great deal of hackers have turned their attention once again to this market and in order to avoid becoming a victim of them then we need to secure our coins to the best of our abilities and 2FA is a great feature that casinos offer us, as even in the case a hacker gets access to your account they still cannot move your coins no matter what they do. Yes, installing 2FA is not too long, which will help us prevent hackers from penetrating our account. Right now, the hacker search for their target in many ways and they improve their skills by learning many things. So if we don't concern our account, the hacker will enter our account and take our money. I think if we follow whatever the casino suggestion, together, we can protect our account, and the hacker will not have a chance to penetrate the member's account.
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He is one of the luckiest people who have to get his bitcoin recovered after 9 years. 127 bitcoin and make a profit of about $4.2m is enough for him than never because it was 9 years ago, and fortunately, he can get his wallet again. I can't believe that because I would be desperate to recover the wallet and give up after trying so long. He can feel happy to do that, and now, he gets the reward, a big reward for that. And now, I am sure he will enjoy his moment and celebrate it with his beloved one. No matter what bitcoin price now, he still the luckiest person, and he can buy more bitcoin with that money, especially if the price drops too deep.
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The dump still happens, and it continues, but I am not hoping that the price will be at the same price in 2017-2018. But that could happen for the flash dump that can come to the market, and we need to be careful about that. If you want to use the situation to buy bitcoin at a lower price, you should set the alarm at a low price range, so you are not too late to place an order to buy. This year, reaching $100,000 will still hard for bitcoin because the price is still below $40,000 unless there is a big demand for purchase bitcoin at the market, which can help the price increase and break every higher price.
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Hello after 12 years i remember i bought bitcoin in 2010 is it possible to sell more than 50,000 bitcoins at once or is it better to sell direct to a private individual like grayscale or microstrategy?
Yes, it is possible, but I don't recommend sending all of that amount at once because that can make the exchange suspicious and can block your account temporarily. I think you can sell for 1 bitcoin step by step, but don't sell it all because I think you want to sell bitcoin at the other high price, so it will help you make another profit in the future. You can sell directly to a private individual, but you should know your buyer to prevent you from scamming, and you will not have a problem with your buyer. But as I say, it is better to sell your bitcoin at a small amount because selling only 3-10 bitcoin will give you a lot of money, even if you sell bitcoin at the current price.
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~snip~
Priorities change overtime I guess, I do not see myself earning a living just by gambling because I know that not everyday is a winning streak and it only takes one bad day for a gambler to lose everything. Even if I want to play, I do not feel the drive to go on and on so I have no problem even if there are stimuli surrounding me. Investing is a better way of earning money, no need to bluff and you will still make money. Yes, you are right. Our priorities change over time, and we need to know what things need our concern, and not try to do something that is not necessary or become our priority. And now, your priority is the study which is better than the other thing or gamble with your money. When we gamble and lose the money, we will attract to play more to know the next result, and usually, we will forget how long we already played. Holding your bitcoin like what you did means you are investing in bitcoin, and if the price increases are so high, you will make a lot of money from bitcoin.
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I haven't gambled for about 6 years now, so most of what I earn in signature campaign are invested and hodl. I am still a student so I do not have that much use when I convert my BTC to local currency, I think that it is for the better that I stopped gambling even though the money was rolling back then, I do not feel any joy after playing a lot of games even though most time I am winning.
6 years is not a short time to stay away from gambling, and I hope you can still prevent yourself from gambling. You did a great thing for yourself, and not many of young age can do as what you did because many of them will attract to playing gambling, even if that is gamble using small money. Yes, it is better to convert bitcoin to local currency, especially when bitcoin price increases double than the last year. Perhaps, that is what we should do to treat our bitcoin to collect many satoshi in our wallet, and if we want to sell it now, we will make big money.
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~snip~
They have games that really needed a strategy to win in a game that others always do but not luckily it works because they have times that it cause also for the players to lose their capital. Sometimes luck depends for you to win and if you are unlucky you lose money. Playing gambling is risky and unpredictable if you win or not so I did not think it's a job. Most of the time, gamblers will lose money than winning the money, so that should make us think twice to stay at the gambling games for a long time. If we already knew about the risk, I think we can manage our time not to play gambling for too long. I think a pro gambler will know if something not right happens while playing gambling, so they will decide to take a break for a while instead of playing and testing their luck. Perhaps, that is a sense to smell if there are strange situations between them inside the game. Well, probably we can't understand, but I am sure pro gamblers will feel that.
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Things are going back to March 13, 2020, the second day of the 312 crash. I personally watched Bitcoin fall to 3,800 U.S. dollars, which is a few hundred U.S. dollars per second. I was shocked, because in my trading history , I’ve never seen the btc so low before, not to mention that there are only two months left before the 512 reduction
The price value of Bitcoin so far was dumped again from 41k$ almost and now down to 36k$ almost I think in which I think its a good time to others to buy again and for sure it will spike again in the market. And honestly, for me while Bitcoin increase I made trade in altcoins actually. Right now, the bitcoin price is down for more at $35k, and the red candle still appears on the market. I am sure that this downtrend is temporary, and will not stay for a long time (I hope). But if the price still goes down, we need to be careful, and not panic because we will not see a good sign to buy more bitcoin if we panic. We have a good time to buy more bitcoin this time, but we need to find out what price is good to buy because bitcoin price can go up anytime. I don't make too many bitcoin, but that is a good profit for me because I still try to make more profit, and hopefully, this is my good time to buy more bitcoin.
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In these situations, it is to buy more bitcoin as the price is down deeper for more than $4,000. But the downtrend still happens in the market, so that needs to analyze more to find a good time to buy. We can make a few orders buy at any price range, so when the price is down for more, we can buy back again at a low price. We don't have to buy at one order buy with a big-money because there is no guarantee that the price will go up, so we need to anticipate when the price is down for more. That is the chance for us to get more bitcoin at another lower price.
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