You can win in gambling is you know when to stop. You need first to set your goals. How much profit are you looking into and do you have funds to start with. Once you reached your goal, walk away. You also need to set a stop loss, its your protection against sudden change of trend and price goes down again.
Winning is gambling is easy but then planing and play with profits only is difficult and not being done by many people. People do come in gambling and win good amounts, they may repeat the winning patterns but they do not know when to quit. A time come when they again try their luck and go all in with all their seed money plus profit and lose it in greediness. |
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Actually, it is not mandatory to study economics at the university, it is our choice. People study economics in university in order for them to learn and gain some knowledge about economy and how to solve the problem in the endless needs and wants of human race. Only the interested in economics study it. While the other who are not, doesn't take it. Aside from that, economics is not all about business and making money. It's about helping people to meet there needs and there wants in life.  Exactly, not everyone should learn Economics at the university level. You may only learn it if you have chosen business administration or finance as your professional field. In case you are engineer or IT expert there is no need to learn economics although basic knowledge of this subject is already been taught in bachelors level and that is enough for a normal person. |
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What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.
Well, if we are all oblige to pay Bitcoin taxes then this mean Bitcoin is now accepted everywhere in which the more the commodity is legal then the more will people will trust and join the investment because their confidence level for the security is high. In general, Bitcoin will become more stable and strong due to high demand of it. No one will pay tax on bitcoins unless it is properly regulated by the governments. In most parts of the world, government does not recognize the bitcoins transactions and in few parts it is illegal to deal in bitcoins, so why would anyone pay taxes on it ? Firstly, governments and other financial institutions should accept it as a regular currency and only then people can be convinced to pay taxes on it. |
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Finally we have some good news and ETH is today 17% up today. ETH has successfully launched the instant payment and this is a big news. Only those coin will survive in future whom have real time use in real one and this is one big reason why ELECTRONEUM future is very much bright and secure. The holder and miners need to keep on holding this Gem. |
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Bobs repair price remains stable at 0.02 following the rumored Binance listing lol. I hope that's true cause for sure Bobs repair will experience it's ATH.
You can see the recent pump of bob repair and it has reach its all time high at 0.049$. I wonder if this is a natural movement or it has something to do with the binance listing hype ? No matter what is the reason, i think the project of Bob repair is good one as the owner and team started the buy back program which really help develop the trust. |
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firstly you will have to overcome your fear of scammer in trading. Start learning about trade, you have to use money that affords to loss, don't worry about it, it will gain you more experience in trading
You should not fear and always work with great paitence.There's nothing required to start your trade just remember few things try to invest that money which you can afford to lose. I think the trading fear in inevitable. People who invest in trading are really courageous people in this volatile bitcoin market. Many people lose in trade because of wrong decisions as they never study properly before doing trading. I will suggest people to first learn the trading skill and then start this so you will be confident to make good returns otherwise there is a very high probability of loss here. |
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In the beginning Bitcoin was only an idea. With a value of a fraction of a U.S. penny. This was in 2009.
Then in 2012 bitcoin gained popularity on the internet and gained its first publicized value of $13.28.
This was the first recorded value of Bitcoin. Now let’s see how Bitcoin progressed over the years…
2009 — $.0003
2013 — $13.28 44266.67X gain in 4 years
2014 — $770.52 58X gain in one year
2015 — $315.42
2016 — $435.82
2017 — $959.15 1.24X gain in 3 years
2018 — $6355.70 6.63X gain in one year
2019 — $? 10k, 20k, 30k, 40k, 50k
2020 — $? 60k, 70k, 80k, 90k, 100k
With these mathematical statistics it is sure enough that Bitcoin will be rising to the 100k mark within the next couple of years.
You are right here. No Matter the crypto is not going good for last few months and it may end this year in the bearish trend, but in the long run the future of bitcoin and digital currency is very bright and one may feel that bitcoin will surely touch $100,000 with 3 to 5 years. It can happen a lot earlier as well but i am talking here about the maximum time it may take. |
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Is it practical to expect tenfold jump in Bitcoin this year ? It has happened in past but is it practical to expect it this year also ?
In my own opinion, you should not expect for the price to increase again this year because the market is volatile so it was better to be just patient rather than expecting. Well, anything can happen in the crypto world especially when you see that bitcoin is too much volatile and it just take a day to move 1000$ up or down. When everyone is thinking that crypto and bitcoin is dead, that will be the time when whales will make a move and take bitcoin to all time high prices. Right now is the best time to accumulate bitcoins. |
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I don’t think so, it was a prediction to prepare investors mind that Bull Run will be in 2018, because peoples saw a high rise in December 2017, so accept next upcoming Bull Run.
I think bitcoin will float around 6K to 7K in 2018.
if that happen, maybe this year could be bad moment for all investor and crypto community.but we hope it would not happen and at end of year we will se bitcoin price jump again. At the present moment we cannot say that bitcoin wont see a bull run or it will make a all time high again. A lot depends upon 31 Sep ETF decision and if there is an ETF acceptance proposal we can again see a all time high rally . On the other side disapproval of ETF will result in the big dump which may take bitcoin down below 5000$ or below.  |
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spending a small fortune, and hoping to earn a lot of money. that's the gamblers' main mindset, they hope to bring in a little capital and get a lot of wins. but sometimes lose is also unavoidable.
Well, in a way, that can actually work as long as you are not going above your small fortune and you are still able to control yourself. I do not gamble much but I spend so little weekly playing lottery and that is as little as something I would not even blink an eye about if I lose. I let this mentality kick in with the hope that one day even with this little, who knows, I may actually win something and even if I do not, it is the way things are and nothing actually changes. I agree with you on your few points, as we know that you need a mindset to play well and to encourage yourself. Positive mindset comes after a win or you have experience in a game that makes you stronger than other opponents. Negative mindset comes when you lose or see someone losing. But all these things are the part of game if we lose we feel sad and if we win then we are happy. If you really want to play gambling in your experienced game then you are welcome and have to forget bout nervousness. Well, they may be part of the game but really, the thing about the game itself is that you are not meant to keep winning and most of the time; the idea is for any gambler to lose except you are very lucky and relying on the luck 100% can be very impactfull that too negatively. It is not like having positive mindset is a bad idea, but letting that overwhelm you without having a limit at all is where the problem starts. Best to have a positive mindset and at the same time stay realistic than to just set up your mind to wanting to win totally. But most of gamblers mindset is they can win most of the time especially if they are having a bit of good run. They are thinking too much positive including myself. Aside from house, emotion is one the toughest enemy we have in gambling and as a gambler myself, it's not that easy as you think. Well, anyone who is gambling, his intention is to Win the gamble. No one come here for a loss. However, if you come with a positive mindset of winning, 70 Percent chances are there that you will end up winning. On the other hand if you have doubt and do not believe fully in yourself and your luck, then things might not end up good for the gambler. |
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Do you think Bitcoin still on the rise in terms of market capitalization ?
To this day, an increase in the value of market capitalization against bitcoin continues to occur even though it doesn't reach 1%. Maybe in the next few days there will be a big jump which happens to the value of bitcoin, I believe that. People has a lot of interest in bitcoins and in case any bad news come up or any exchange get hacks etc, the altcoin dump a lot more than bitcoin. The main reason is that bitcoin is too much established now and there are people who are ready to buy more when there is slight dip in the price. It is the reason that all the altcoins went to 80% dip but bitcoin retained its 6000$ minimum value and it did not fall below this point. People and whales are still accumulating bitcoins because everyone can foresee the great future of bitcoin ahead. |
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Out of all the great bitcoin games out there, what is your favorite?
Games as in casino games? I love simple games like dice, roulette, and Hi-Lo. I understand some simple card game like poker. I also love to play holdem poker but never really get good on it. As for gambling in general, I prefer to spend my money on eSports betting, especially CSGO. I really enjoy playing it and it is the only professional scene that I followed. I also like sports betting because its more fun seeing the game with placing a bet on it. Its also gives more interest to you in the game as you have put money on the team and we want our team performs well and so we win the bet. So you watch the game with much more interest. For me, i mostly bet on cricket matches and few times on the football matches. |
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I think gambling sites are very visible from some of the existing reviews, as gambling sites can not afford to buy reviews, and in real live, gambling sites will get good reviews if they are proven to be honest and pay.
I would have become happy if you say something else than to talk about good and bad sites. People are looking into gambling since long time. This can’t be ended but we must try to eliminate it slowly and gradually. We have to see how people are ruining their lives and their families are on stake. These gamblers don’t earn and they come to roads once they are finished with what they had stored. For gambling, it not easy to spot any scams but few things can be taken care of and scam can be avoided. First do not invest big in new gambling sites as you never know their reputation. Secondly, always gambling in the well established sites and also which have good feedback on different social media. If a site is offering lot of bonus and other benefits like zero loss etc then think twice before investing as they may never let you withdraw. This happen a few times with me as i was tempted to invest in very new site which gave high bonuses but they never let withdraw. |
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Gambling and trading are totally different things and they are for different type of people. You can expect a good gambler to be a good trader also and vice versa. Both gambling and trading has different type of profit and losses and both of them is done with a different mindset. A trader may not be looking for instant high profits and also will not expect instant losses while a gambler can be rich with seconds but at the same time risk of losing money is very high as compare to trading. But trading also needs a lot of study which gambling can be done with just fun.
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The bad and strange thing is that crypto currency moves with the news and even the false news has a big impact on the price of bitcoins and altcoins. That's the reason why Technical analysis and fundamental analysis fails most of the time and bitcoin moves in opposite direction mostly depended on news.
Day trading is good if crypto follows the TA but actually there is a lot of manipulation in the market with Fud and hence most of the time it is difficult to make profit from day trading.
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They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?
In my opinion it is really long process, but even in case of big experience we should consider great role of luck and intuition in this duty...so it is nearly impossible to say about amounts of time which need to be spent trading. You might need a lot of time in the beginning if you are new in trading. You need time to learn the skills, charts and information about the coins. You need to learn about techniques, stop losses and other analytical skills. Once you have enough experience in trading, then it will not take much of you time and you will just place good orders. However, if trading is your full time work and you are involved in day trading, then you will have to spent many hours in trading to get as better profit as possible. |
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Even if this year does not bring much bull runs and may not cross all time high, the important thing is that it has kept 6500- 7000$ stable price for most of the year and the real time usage of bitcoin also increases. Also many new people are introduced to bitcoins and we may many big exchanges and market like NASDAQ in the pipeline. People are thinking of bitcoin ETF approval and all these things will make 2019 a very big year for Bitcoin. 2018 is also big in the sense as it serves as a foundation for the coming years for bitcoins.
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Hello there guys,
I wonder if there are any books worth reading about strategy, how to behave or how to keep your head calm. Have you read something that really helped you? Thanks for your responses
No book will tell you how to demonstrate your calmness or how how to position yourself in the midst of the market turbles. You can only see stuffs like, stay calm, don't panic and Be patient and all in so many platforms or blogs. That doesn't suggest theg were picked from a book. The way it works for everybody is different, so you've got to act your play yourself. Of course, Read more, browse the more about your strategy, know which one suits you and your market the most. If you are looking for books, that will educate you on your behaviour of the market, you might just be waiting forever. In Cryptocurrency you've just got to be the book you read most. Book reading is good but i do not think crypto currency has any good books. The reason being crypto is being popular from last two years and most of the content about is available on the internet and there is no physical books on it. Still this does not mean that we stop reading about it. We should learn about it through internet or this forum. |
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You know why you avoided the loss as a Newbie trader because you study and know all this stuff and hence you are not a newbie in the world of trading.
I know many people who are trading for quite some time but does not know this technical stuff. I think if you really want to earn good and want more earnings then losses, then i think Study and knowledge is the most important factor, but i think this is not followed by most of the traders out there.
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We cannot earn from dropping market as the prices of all the coins will be going down and if we sell, then it will be a loss only. But there is a new type of trading which is called leverage trading. Many people are using platform of Bitmex by long/ short bitcoin even when the bitcoin price is dropping and getting good benefits. You just have to confirm if the bitcoin price will rise or fall, and those who predict accurately are rewarded.
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