Thats a very general concept of the market that you should not panic and continue to hold if prices drop. You have entered the market because you have the belief that the asset you bought is going to go up. With bitcoin you can always be sure that in future the long term price rise will be happening and it wont end up like what inflation did to fiat.

What becomes difficult for traders, specially the new ones is how long to hold. They become impatient and that is what takes away a golden opportunity. Someone out there is willing to buy in case you panic sell. So its your loss if you do that, but you are welcome to do that if you feel so.

Surely because the difference in  opinions and given the power to create a new coin within seconds every other person here can get another shitcoin going and promote it for a future pump and dump. Nobody actually cares where you are putting your money in and even if you buying that shitcoin you are the one who is soon going to be in loss.

That is a vague opinion. People had bought at low prices and they did sell at high prices. Again there were people who missed the train and becoming over enthusiastic they bought at all time highs and suffered big losses. What is profit for one will be loss for another one.

No such "game" is actually "safe". In fact the word safe is just a term that we are so fond of using while everyone knows that we are all going to lose if our luck turns on us. There are games where you can get an edge over the players and these are EV+ games. But they are also having a luck factor.

You are quite mistaken there. Although it is possible to manipulate bets, people of this community actively take out such scam sites and report them here. If you keep an eye on this forum you will be good to go.

The income from the player for the house in these games is a participation fee or the amount lost. Luck plays a role here too, but yes your skills can make a difference.

Starting with minimum deposit is good but then you will face two major problems : not having enough money to buy a decent amount of your coins and not having enough to complete the order of that coin (dont forget the trading fees). An amount of 100$ is pretty basic and what people should start off with when trading.

Saving your deposit makes no sense though. Buy some coins or dont deposit at all. Holding fiat wont have any good effect here unless you are playing a  bear market where buying at low price is your main concern.

That which has grown quickly should be handled with caution. They dont necessarily mean a good coin. They may be a pumped up coin. You never know. 

I am not sure how to idea of business is coming here. Of course without basic knowledge anything is going to be a failure but how does that relate to a business?

How do you decide a promising currency or not? In this market 99% of the coins being circulated are nothing but shitcoins created to make money, not for the investors but for the team of that currency. They will do a whitepaper and feed you with their BS koolaid and then dump their share where they have a nice pump in price. Nothing new here but its an effective mode of making money for them.

There may be interest but one needs to think carefully if that is interest or just the greed playing with their minds making them bet more and more and waste money. I think people need to consider this carefully before gambling. The perfect dice experience comes from a big win but to be honest a common person wont get a big win in just their first game. So they will play more and more getting addicted to it.

It may be fun for some but it is definitely not fun for everybody. So the dice experience should be kept in control by everybody who gambles.

If the OP makes up a business in a country where bitcoin is popular and people use it freely then they wont face problems in getting payments in it and interconversion between local fiat and crypto. This type of a system is still not popular in most countries.

From the business point of view it is better if payment are pegged to USD value of bitcoin. That way it does allow the person to accumulate more crypto, since everyone likes to inflate their bags whenever possible.

That is the main problem here. I dont see any solution here at all other than bribing the authorities (just kidding).

They are bad for the market. I can cite a hundred reasons why having a million shitcoins for the same system makes them redundant and a source of investor scams. Everytime a new coin comes out with some new age Bullshit agenda, some koolaid infuser comes in with their conspiracy theory of why that coin is going to take over bitcoin. Sometimes give me a good laugh.

Bitcoin does not even come into this picture. All of the other coins are just plain koolaid teams. If you want to hold something that is not shit then just buy and trade bitcoin. As simple as that.

No necessarily. I have seen enthusiastic investors buying bitcoin at high prices just because they want money to invest in some shitcoin. They are obviously fed with the bullshit propaganda and they accepted it as well. Not that it is a healthy thing at all. I would prefer your statement but its not what happens everyday.

What exactly does "positive" market mean? It can be positive in many ways. Having a green run is not a time to buy, rather sell. If you mean positive as more development occuring then that is a good thing but again try to enter at a low price than a pumped up price.

Although the bitcoin community talks about overthrowing the banks this is something that is impractical and absurd. It wont happen in the next few years at least. What can happen is the growth of bitcoin and the acceptance as an alternative mode of payment and a currency. It does not necessarily need to take over the banks. Fiat will be there in future as well as crypto. There needs to be a balance between the two.

Since people take crypto as more of an investment today I see a good future in the hodlers of bitcoin and their profits. Let banks continue to do their thing, and let crypto people do their thing.

EV stands for Expected Value. Its a method of measuring whether the odds are against the player or the player has some odds of winning as well.

Poker needs luck as well. What you are holding in your hand is not by skill but you get them by virtue of your luck. Then you apply your skills to outwit your opponent. Its not that you are going to have a skillful game right away. That needs huge amount of experience and practice, something that professional poker players do.

Roulette is also an EV- game so be careful how much you are betting in it. Again local casinos are renowned for rigging games so be careful out there.

In the first place they are just investors or small time investment bankers. Thats where they rose from. With trading stocks and commodities gradually moving the precious metals and now cryptocurrencies. Although crypto is a new sphere to them some like it while other dont.

I dont think calling some good or bad is our job to do. We should not judge someone like that but rather see what mistakes people have made and search methods not to make them ourselves. In my opinion that is what makes us "good", or rather "better" than others. Skill development has a different importance altogether in trading and investing and being good in that will help us in the long run.

The weekend trading is always a good view to the eyes. We get some good greens or some bad reds. Either way its a good income since you can either sell on profit or buy on dropping. Those who are trading and keeping up with the market will understand the essence of the weekend, its not for every newbie trader out there who just wants to get rich by putting their hands in some shitcoin.

Well truely speaking, day traders do trading as their only job. So if you are not in a position for that then dont try it. Not everything is for everyone. For the rest of the population watching the market and buying low selling high is a safe bet.

I really doubt how much that is true. Being a gambling addict and a responsible gambler more so a self-entitled one is most of the time false. People call themselves as responsible because they want to hide their addiction since they are ashamed of it but have to give in to it. So they try to make themselves look good in front of others like that.

LOL Now I seriously doubt your claims. No gambler is ever in a profit for such a long duration while continuously gambling. If you are playing at a proper casino then the house would have wiped out your balance long time back. But If its true then good luck on holding on to that money and not wasting it.

Talking about those experts, most of them are just dipshit nutheads who are promoting their own scam coins that they have been paid to promote. Who cares about what you buy and if you are buying a shitcoin or not. They want their money and they will poke your instinct in every manner possible so that you buy into their koolaid propaganda. Do not trust any so called "financial advisor" but do your own research. Those guys are the one actually making money from both the coins whom they are promoting and also from the members who are paying them for their advise.

Besides doing a little bit of TA is not tough if you are willing to learn it from the internet writeups. Do that and although it wont be successful everytime but it can be helpful in many ways.

Dude you wont find a money multiplier in every investment. In fact those who are telling you stories that their platform can give you several times of your capital do not believe in them. Those are mostly ponzis and you are free to put your money in any pyramid scheme out there if you are willing to risk it, I am just posting my opinion.

"Classy"? The first question they face when you say that they accept crypto is that, "Dont you know its a ponzi?" People out there literally laugh at your if you mention crypto or bitcoin because they think its a huge bubble about the burst. Dont know if that is classy at all. We need more adoption and breaking of these fears before being into a "classy scale" 

It does not need to be that bad to be declared as an addiction. If you see a person not being able to keep themselves away from gambling every now and then even with times of respite in between then that person is gradually getting addicted and as a fried our work is to try to bring them back to the proper path.

Its very easy to get addicted to things that tend to form a physiological dependence. Its the same with drugs and gambling. People need to watch over themselves or their family members need to. Being able to get money for just the fun means they are getting addicted. Its dangerous and potentially harmful for susceptible people.

Its all a part of the perspective. What is complicated to one person is simple to another person. Fact is that the first person is less educated in that field than the second one.

So it is not a first time impression of what trading is rather a long term experience and knowledge gained from that used to determine is it complicated or not. In fact learning them does not do you any harm but obviously is good if you are willing to use that knowledge to trade in future and correct previous mistakes. Of course at this moment holding is the thing to do. Do not buy at the pumped price of bitcoin but watch where it goes to.

Pretty much that. They are obviously sad now that bitcoin reached 5k USD and still seems strong after the short correct rally to touch 4.9k and then back to 5k. I am hoping it will reach 5.5 and 6k soon this new week. If people didnt take their time out to buy some before this pump then they will have missed out. Here we come to the discussion of "spare cash" - who have how much to spend and when they run out of ammunition.

Not expecting this bull run to last too long though. A big dump may always bee incoming who knows when. Lets be steady and watch out for any distress signals in the bull trend.

The use is still very small among a certain niche of users. Specially those who are hedging funds with crypto, gambling, trading and those who live in countries where crypto is accepted as official mode of payment. It may be a good alternative to fiat but there is some speculation among people who are not yet knowing this side that its something to do with criminal and all. This thought has been propagated by the wrong people to instill fear.

I see nothing wrong with buying and asset and then selling it when the price rises. Then buy more once the cycle restarts. Its profitable and does not need the opinion of others to weaken your resolve.