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6781  Economy / Speculation / Re: Bitcoin Price on: November 02, 2020, 03:53:01 AM
Two possibilities for that. The price can stay below $14k, and the price can break $14k. The important here is you are ready for anything that can happen with the bitcoin price. If the situations are not good for bitcoin to increase, you can prepare your money to buy back Bitcoin at a low price. And if the price has more chances to grow, you can sell your bitcoin for more than $14k. But I am sure that the bitcoin price will break $14k and break another high price, no matter when that will happens. Perhaps, the price will be sideways for a while and gain more supports to increase higher in a few days.
6782  Economy / Gambling discussion / Re: Gambling is Addictive...Pay Attention to your Gambling Habit!!! on: November 02, 2020, 02:52:58 AM
The only solution for that is to seek help from professionals, I am not a professional when it comes to mental health but if we really need to overcome that kind of addiction, we should really take an action that will save us from that kind of state. Our family and friends can also help us for sure especially for those afraid to visit psychologist or psychiatrist.

It is really difficult to seek help from professionals if they don't have the will to do that. We can't force him to go to the professionals without he agrees. We could only suggest to him and remind him that he has addicting to gambling, which he needs to solve. If he finally decides to go to the professionals and needs us to go with him, we can help him and help him solve it. Gambling addiction is really hard to solve, and we already see many cases of addicted gambling, which end by losing all of what he has.
6783  Economy / Gambling discussion / Re: If btc > $150k, will you still gamble it? on: November 02, 2020, 01:45:44 AM
If the fee is manageable when price of Bitcoin is on that level I will continue playing using Bitcoin, Bitcoin is the most important Cryptocurrency and if I win it's like a win three times because Bitcoin will keep on growing in the market, and besides it's the one I've used eversince I started gambling online and I only use other coins as alternatives when the fees is high and there is traffic in the network.

So far, the fee will be increased following the bitcoin price. We already experience that many times, so perhaps, many of us will delay sending some amount to the gambling sites. To prevent a bitcoin transaction's high fee, we can use other coins as alternatives, and I think after that coin arrived in our account, we can convert it into bitcoin and continue to bet using bitcoin. That will be the way to solve the problem of sending the bitcoin.

Perhaps we can wait for a while until the fee can reduce, so we can still send bitcoin to the gambling site without thinking about the fees.
6784  Economy / Gambling discussion / Re: Suggest the best strategy on: November 02, 2020, 12:44:47 AM
Using the number 1 will be better, so you don't have to spend much money and lose that money if you are not lucky. In gambling games, you need to manage your money and minimize the risk before you lose it.

Number 2 and 3, you know that you can use that option, but you need to know how much money you can afford to lose, so you don't have to use big money to bets.

Number 4, you can place your bets at the weekend, but don't select more than you can accept the loss.

I will avoid using number 5 because the risk will be bigger than the other option, but you can do that if you have valid data.

I suggest you not join the paid group because we don't know if they can accurately predict.

In conclusion, the number 1 will fit for me if you don't use gambling to make money and only use gambling for trying your luck. If you win, that will be your bonus, but don't expect to make another win in the next games.
6785  Bitcoin / Bitcoin Discussion / Re: Spend or HODL Bitcoin during COVID-19? on: November 01, 2020, 05:43:12 AM
It seems that during these times of turmoil, Bitcoin's prices are increasing at a slow and steady rate. Since the mainstream economy has been on a downfall, people have been resorting to Bitcoin as a store of value. This gives Bitcoin "hodlers" greater spending power than before in terms of Fiat. You can now buy more things with Bitcoin than you did before COVID-19.

What would be the right thing to do during COVID-19? Should I spend Bitcoin or should I just "HODL" it? The more Bitcoin's prices increase on the market, the more tempting it is to spend one's Bitcoin holdings. But at the same time, you want to "HODL" your Bitcoin for the next ATH in price. What would you do?

Any advice, recommendations, or suggestions will be greatly appreciated. Thanks in advance. Smiley

My suggestion will still hold your bitcoin if you don't have an urgent thing that needs money, so you don't have to convert it into fiat if the bitcoin price does not touch the highest price. But if you want to sell some bitcoin to buy back bitcoin if the price drops too far, you can do that when the price increase higher, so you can have the profit while you have another money to be ready use to buy bitcoin at a low price.

You don't have to feel tempted because the bitcoin price now touches $13k-$14k because many people have a target price to sell their bitcoin at more than $15k-$19k. So if you want to follow them to sell at that price, you will need to hold for more and don't worry if the price needs longer to touch the next ATH.
6786  Economy / Speculation / Re: Bitcoin breached $14k today on: November 01, 2020, 04:41:19 AM
It seems, bitcoin price can't still increase after the price down from $14k to $13,800, and the price now still goes down touch $13,600. I only think that the price makes a correction again after touch $14k, and in the next week, the price will start to rise again. But if you look at the chart, the bitcoin price needs more time to break $14k, which can happen this month. There are many predictions on where bitcoin prices will go, but we need to prepare to buy or sell it later based on the current situations, including to be sideways for a while at a price now before the price starts the rallies.
6787  Economy / Trading Discussion / Re: Popular Investing Strategies for Beginners on: November 01, 2020, 03:40:01 AM
~snip~
I think a strategy like that has been used by many people, it's just that we don't know when the price of the coin has increased by more than 2x the price when buying a coin for the first time, so many people can't wait for the right moment so I think maybe you can buy coins that have opportunities to go up and have high demand so you can apply the method like you mentioned.

Perhaps, after we have that coin, we can place an order sell at the 2x the price, so we don't miss the chance to sell at a high price. Sometimes, I used that way to prevent the increase of the price without I know, and sometimes, the order sell that I place can be filled without I realize Grin

But many of us become greedy not to sell the coin after it increases because they want to wait for another high price. That will make them lose the chance to sell at a good price.

Keep buying on dips and as I am a long term investors so whenever require some money and price is looking good so book my profits. This give me profits as well and an opportunity to buy on dips too. Well, for short term traders if one is not greedy and knows that at certain price need to sell it then should be selling without much though and book profits.
Else in the end they may regret if price falls and then need money to cannot hold for longer term.

That is good, so I guess you are not afraid of the volatility of the price that always happens in the market. As long as we can see the opportunity to sell at a good price, we will make a profit, and we can wait for other dips in the price. Trading for the short term is good, as long as we can analyze which coin can increase in the short term.
6788  Economy / Gambling discussion / Re: How far will you go when you sent btc to a site with high fee but... on: November 01, 2020, 02:38:26 AM
Some casino credit deposit instantly. So whenever I think to play with bitcoin, I deposit on those casino. Cause I know it may take longer time than expected. And waiting for a deposit is really irritate when I made my mind to play with that. Though occasionally I deposit btc to those casino where it needs confirmation to be credited in account. If bitcoin network become busy during this time, I will wait and watch, nothing else.

Even if the casino credit deposit instantly, they need to wait for the confirmation process. If the network is busy and has big transactions that needed to confirm all at once, it would wait for a while. If you can increase the fee, perhaps, you will get a fast confirming of your transaction. So it is better just to wait and watch the confirming of the transaction, or we can come back in a few minutes later to see if it is done or still wait for more. I don't want to spend more to get credit in my account.
6789  Economy / Gambling discussion / Re: If btc > $150k, will you still gamble it? on: November 01, 2020, 01:36:28 AM
Set amount in dollar of what amount only to bet in every bet or on that set, bitcoin price is too volatile and it changes every now snd then so it's not advise not to think of dollar when playing. When we base our bet via btc and not thinking of how much it is in dollar we will soon to run out of budget too fast as if no plan of enjoying the game and just feel pressured throughout his playtime.

The only way that we can do is change from bitcoin into altcoin so that we don't have to think much about bitcoin price moving. It is better to save our bitcoin for this moment because bitcoin price can increase anytime, and we don't want to lose bitcoin in the gambling games. Perhaps, we can set the amount to bet every week, so we don't have to add more amount to our gambling account to gamble.

What ever the price of bitcoin, i will still gamble it because it won't change anything about me. Maybe the pressure of high bets can affect my game play but the price of bitcoin won't. If you really are a professional gambler, you will gamble and take the risk what ever in exchange because you will also think that you won't win unless you try. The transaction fee can really affect everyone but not the one who give his life on gambling.

For some gamblers, they will not think about that. But for gamblers who are not playing gambling every day, they will think about the bitcoin price, and of course, they will also think about the transaction fee that can increase. We might still play gambling, no matter if the bitcoin price rise high, but we can use the other coin to gamble if we really care about our bitcoin.
6790  Economy / Gambling discussion / Re: Mind Blown Gambling Facts on: November 01, 2020, 12:34:24 AM
~snip~

Online gambling has its own advantages, but I am sure those who love playing in casinos may not enjoy their game online, though it’s an alternate during this covid times but once everything is set and all is working properly people would still prefer going to casinos to gamble and that environment is what makes a different experience all together which online cannot provide it. Though one can play online and visit casinos as well.

That is because they are not familiar with the game online. They still prefer to play in the casino because they can find happiness to meet real people and talk about many things while playing games. At this moment, if they still want to play gambling games, they can use online gambling games if, in their city, the casino still does not reopen. That can give them another experience to play online gambling games, which will be different than in the casino.

~snip~
Its their fault. If they can not control themselves during gambling, they should not participate in these activities. Many people have lost their money, their homes, their family because of being addicted to gambling. On the other hand, the legalization of gambling can bring money to a country's economy, and for your information, the money comes from gambling can astonish you.

A coin always has 2 sides. That's why some countries allow gambling while others refuse to legalize gambling. And the internet gives us a chance to freely access gambling website for people who are not allowed to gamble in their territory

Yes, that is their fault. Many people who start playing gambling can't control themselves, making them lose more money. They realize that, but the tempt of gambling makes them spend more money and lose more money.

Perhaps, if the country allows gambling, the government needs to warn their citizen to be careful with the danger of gambling games because there are so many bad examples of people who lose everything through gambling games. Having control will be important in all matters because that can prevent us not to get something that we don't want.
6791  Economy / Trading Discussion / Re: Popular Investing Strategies for Beginners on: October 31, 2020, 05:55:24 AM
I prefer the hold strategies for some time, and I suggest to sell the coin when the price can increase double or more than the price you bought, so you can make a profit because that is the purpose of the investment for me. Perhaps, we have different investing strategies, but the point of the investing strategies will be how we can make a big profit from the investment. You don't need to wait for more if you see the price can increase for 2x or 3x because you will difficult to see that price can touch that price again in a short time. So you need to use the time to decide what is necessary, and take the profit while you can.
6792  Bitcoin / Bitcoin Discussion / Re: Follow your mind! on: October 31, 2020, 04:55:43 AM
Reliance on other people's opinions will give painful regrets. I tried to rely on other's opinions before because I'm not good at trading analysis. The feeling of losing to someone's opinion on trading is very different from losing on your own. I really blame myself for relying on others instead of learning it on my own. Since then, I didn't rely on others' opinions without relying on my trading knowledge.

I am sure that many people have the same experience as you because when we don't have many trading skills, we will search for other people's guides, and that can make use follow their analysis without research by ourselves. But after we have more experience by following the others, we should realize that we need to learn more in trading so we can improve our skills and analyze better.

We don't need to blame ourselves because that is normal to have that experience. But we need to use our time to learn more about trading, and we don't have to depend on other people's analysis to decide.
6793  Economy / Speculation / Re: Bitcoin Stays Above USD 13,000, Altcoins Take Hit on: October 31, 2020, 03:45:24 AM
~snip~
Even gambling sites slows down a bit during weekends,  Cheesy so I'm not surprised if this happens to bitcoin as well as I've also noticing this kind of phenomena, may investors just want to take a respite and taking some profits. So I'm not surprised though, but the good thing is that it is holding $13k so let's see after this weekends and start of November if bitcoin has a big chance to break $14k.

A few days ago, bitcoin drop to a lower level, but after it stays at that price, the price slowly increases, and today, the price seems to want to rallies and break $13,500. The investor will be happy if they see the price can start another rally at the end of this month, so the price will still increase when we are in the next month. Yes, I also think that in the next month, the bitcoin price has a big chance to break $14k, even higher. But we still need to prepare if the price drops or makes a correction because that will always happen after bitcoin price touches the highest price.
6794  Economy / Gambling discussion / Re: Mind Blown Gambling Facts on: October 31, 2020, 02:43:12 AM
This what we called development. You can't certainly say that over 10 years there is nothing to see any improvements, and we have it yeah.
The growing number of online and offline casinos means that many people are discovering gambling by now. More people are engaged on the internet which a tool that helps them to find gambling and have them feel good and relaxing while staying at home or anywhere. And I expecting more casinos to open in the public in the years to come.

If the internet can be available in all countries and access the internet easily, they can search and visit the gambling site without any problem. The number of online and offline gambling sites will also compete because, with the internet, that can give easiness for people not to visit the casino, especially if in the future, other bad things happen like today. But if people use gambling as their relaxing activity, that will not be good for them because sooner or later, they will use gambling as a new habit, and if they play for a long time, they will become addicted to gambling. That is the danger of gambling, which many people miss.
6795  Economy / Gambling discussion / Re: Does Bitcoin price rise affect your gameplay? on: October 31, 2020, 01:31:23 AM
Hey guys,

As we all know, the Bitcoin is experiencing a decent price increase and it is slowly but steadily rising every day. Has it affected your gameplay somehow?
Some gamblers think if the price is so expensive it would be difficult to get profits.

How about you?

Cheers,
Karl
Bitcasino.io
No, unless you are buying bitcoin everytime you play. Also, it is just the value of bitcoin that was increased but not exactly the difficulty of getting profits. Yes, winning will always depends on your luck but it is all on that. Increasing in price of bitcoin is not included in the difficulty.

I wouldn't suggest buying bitcoin to playing gambling because it is better to buy bitcoin for hold or trade. After all, we can profit that way. If you only buy bitcoin to playing gambling, if you lose, you will lose much money because if you can't control yourself, your loss will be bigger. Besides that, winning in gambling will depend on luck, so if you feel you don't have much luck in gambling, you should not playing gambling.

Honestly that affects me a huge impact during fluctuations of bitcoin price, and when price drops profit doesn't went good. Somehow that a better opportunity once transactions fee also goes down, because I could enjoy the cheapest payment. Though sometimes we've been struggling on gambling, owning btc as an sustainable asset we can grow it also for trading and holding long term. The profit gains that we earned can be used for gambling instead.

When the price increases, the transaction fees will increase to high fees. That will be one of the reasons why many of us use altcoin to gamble. But if that person has many bitcoin, that would not be a problem for him to still use bitcoin to playing gambling. Even if the transaction fees are down, it doesn't give us more chances to win. We should treat bitcoin as an asset for now, and we have another option to grow the amount of bitcoin that we have by trading. So we can have a way to make a profit from trading than from gambling.
6796  Economy / Gambling discussion / Re: Cashless gaming now available in land-based casino in USA on: October 31, 2020, 12:29:03 AM
~snip~
I also don't understand if establishments like casino are thinking of the contact through plain cash, why they just don't wear the gloves? I have this thought in my mind but anyway, safety is safety and it's the most important to most physical casinos and other establishments that don't have any other option of payment but with cash. The adoption of crypto for physical casinos, don't think of it anytime soon. We have online crypto casinos that are dedicated on this and they have their base users and customers that prefer what they offer.

But that is happening in many places, and I think that is not just happening in the casino. At least, by wearing the gloves, they can minimize the body contact from touching something such as a table, glass, or else. As you said, safety is safety, and the casino and another public area need to concern about that, so people who visit their place will not worry. If people use a card or scan the barcode from their phone can minimize the risk of infection, but not all place or store is ready for that feature. People still like to use paper fiat.

The online casino will be enough for us to prevent the virus's infection, and we don't have to go outside and have contact with other people, which we don't know if they are healthy or not.

Wearing gloves is not enough as the virus can travel thru air. So going cashless is only one option to reduce the possible transfer of the virus. Though they can't implement full cashless yet as many patrons are still fiat users. This is the advantage of crypto casinos, gamblers can play at the comfort of their home touching only their gadgets or computers.

If people worry about the virus in the air,  they can wear a mask and face shield to minimize the spreads. And with wearing gloves, people can protect their hands from touching something that they are not sure if that thing is clean. The online casino brings benefits to people who want to play gambling without having visited the local casino.
6797  Economy / Speculation / Re: Bitcoin Stays Above USD 13,000, Altcoins Take Hit on: October 30, 2020, 06:47:50 AM
As bitcoin price at the weekend, the bitcoin price will usually make a correction for a while because if we see at the market, the price is not increasing too high, but I don't think that bitcoin will stop at that price. Perhaps, in the next week, bitcoin price will start a rally to the high price, and if that happens, the price can increase and break $14k. Bitcoin price itself has a big chance to break $14k because, at the last time a high price, bitcoin price almost touches $14k. So the price will have more options to back to the high-level price, although we don't know when it will happen. Just make sure you are ready for anything that will happen.
6798  Bitcoin / Bitcoin Discussion / Re: Make your choice now! on: October 30, 2020, 05:18:11 AM
several people come to me and share stories about his life in economic problems.  she was confused by her choice.  he worked and served the country.  he gets a salary from the state, but he is also interested in bitcoin.  even every day he spends his time trading.  If in this forum there are people who have the same problem, then my advice is to choose to serve the country, and set the time for the crypto world.  and you will get additional benefits.

Your advice could be useful here if he believes that he can do that. He can buy bitcoin from his salary, but you need to remind him that he needs to manage his money used to work in the crypto world. In this forum, I am sure that many people work in many jobs in their real life and are also doing trading to get their chance to make more money from crypto. It's about how you can use your time to work in many ways and manage it, so what you do will give you more money.
6799  Economy / Trading Discussion / Re: $100 USD vs $10,000 USD Trading Capital on: October 30, 2020, 03:45:13 AM
I hear some people that doing trades and complaining about their trading capital.

So, does trading capital really matter at all?
Are there any disadvantages to having a low capital the higher one?

My point is, having a higher trading capital will make you a good trader or successful trader?
Because what I think is if you have high capital, the risk is high for sure yet the reward is also high, but when you have low trading it's still the same, you got low risk and still low reward.

Trading capital doesn't matter at all. You can imagine if you have $10k, but you don't have skills in trading, how you can choose the right coin to buy and sell. And if you have $100, but you have skills in trading, you will have the opportunity to buy the right coin, and of course, that coin will have the potential to increase.

Sometimes, we think that having a big capital can help us get a bigger profit, but that will not always work because the skills will be an important part of analyzing the coin. But the risk will be bigger too if you use a big capital, and you need to know how to manage the risk.

I prefer to use $100-$1k to trade while I can still learning to trade. I am sure that it will depend on analyzing the market to select the coin to buy and sell. But that will depend on you. If you think that having a big capital will help you make a profit, you can see what you will get later.
6800  Economy / Gambling discussion / Re: Cashless gaming now available in land-based casino in USA on: October 30, 2020, 02:33:34 AM
The pandemic has really led a lot of things, adoptions and innovations just like this topic that you've brought op. The need for cashless system in a casino is needed to avoid contact with the virus through paper money. They can operate again even without bringing cash on their pockets as long as they have wallets ready. This could also open to the possibility of adopting bitcoin into their payment methods, I hope that they will start to adopt it soon.

As long as people only use the casino card, they can minimize contact with the virus through paper money. They can wear gloves while they are in the public area, so they don't have to touch it by their hand directly. To adopt bitcoin to their payment methods, I think it will need more time to happen because the casino needs many things before they can implement the payment using bitcoin or other coins. If the casino can implement it, I think it will have more options to gamble instead of just using the card.
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