Leave the game when the profit has already appeared. Trying to win even more will lead to nothing good and as a result all means will be lost. Do not give in to emotions.
That is if profit appears. Learn to limit your time and money regardless if you've profitted or not. If you enjoy gambling, make plans before you do it like how much time and money you're goig to put in. Be strict with yourself when it comes to gambling because it can drain you of all your resources. |
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I agree that limiting is not useless, because it will give you an ability to control yourself against extreme gambling activities. So if you have that self control will develop within you and you will not lose your funds with an entire bets you had. Managing emotions and your funds can be so important and in the long run you will find it very rewarding if you saved yourself of being bankrupt because of gambling addiction.
It is pretty much useless because if you want to gamble and have no determination to stop then you wont stop. The only way is not to have a limit on your money but to have a limit of what you are doing. If you are controlling your own mind then you wont spend alot of money even if you have alot that you deposit Controlling our mind is nothing but self control, in my experience other than self control any other things will not help to protect yourselves in gambling because even if you are having limited funds allocation for your gambling, you may continue your gambling with faucet or you will go for loans to continue. Determination will come into effect only when we are good with our self control. Experts demonstrate the importance of meditation to control ourselves under pressure situations like gambling. I'm not sure about these things, but seems as a good idea. Self control can be practiced. You may be having a hard time at first but if you really want to, its not impossible. I don't believe in people blaming that they xan't control their emotions. It's all up to you. For the right reasons you can control your emotions. |
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The worst mistake in gambling is when you already get enough profit, but you want even more and under the influence of emotions you can not stop yourself, which naturally leads to loss.
Thats a bad decision but you can do worse. I think you can bounce back from this mistake and unless you make gambling a vital part of your life, you will have an easier time to recover. If gambling though affects your attitide towards your family and you let it dictate what you'll do, then sometimes that is an irrepairable mistake. Its bad enough to make mistakes by yourself, its even worse if you drag other people along. |
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Which side you are gambling ? Are you successful with your intentions of gambling ?
I read finding entertainment from gambling is possible for all the gamblers still it is not a preferred way for all the gamblers. Here we must note all profit seeking gamblers are not successful with their attempts.
How you are gambling honestly and what is your suggestion to a newbie ?
Fun seeking. And i don't suggest for any newbie to gamble for profit. Know what you're getting into before you go for it. Gambling can be healthy if done for the proper reasons and it can be very destructive for the greedy. |
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I don't think a lot of people can say they've won a jackpot. We probably have won a couple of times with bets but jackpots are for those extremely lucky people. Still hoping though, i place lottery bets every once in a while  |
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Well, the easiest and riskiest method to double your btc is depositing all your money in a gambling site, bet at 50% chance and BOOM! You win then you have doubled your money.
What is riskiest? You means risk oh yeah got it. there is not only 50% chances there are very less chances according to other things because gambling is depend on the luck so i would tell you that if you are lucky then you can swap the game if you are unlucky then you cannot win even the single pinny i hope you got what im saying. i think risk is always there everywhere, and i think there is no possibility to make good profit without taking any risk. we must take the risk if we want to make money. and i do not think that by holding bitcoin there is such a big risk. Yeah minimal.risk since you're only going to lose there if there's a crash. Safest way though not that appealig for aggressive traders since that way would takeore time than trading in altcoins which has bigger risks but quicker and sometimes higher earnings. If you get to buy into a good altcoin, you can more than double your btcs |
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More good news bitcoin price is now above $3300 even after the hard fork. Soon there will be Segwit Lock in and hopefully the price will continue to rise high. Good days are coming, hold your bitcoins and wait.
That's the right thing to do for both good times and tough times, just hold you bitcoins until you reach your targeted price. It will continue to rise as the demand has been significantly increasing and with the supply that is low circulating we can expect a more price surge that will benefit those who are holding their bitcoins, I am one of the holders but I do spend regularly in trading and in gambling. I think this is kind of expected already after that aug1 drama we've had a week ago. And you're right, it probably would only be better from here. I'm just a little bit worried that the price is rising at this fast rate. I'm still confident but i don't want to put my expectations that high and there's nothing wrong to be prepared if something unwanted is to happen |
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I think this is a bad way of thinking about bitcoin and advertising it. "get rich quick with bitcoin!"
whenever I tell anybody about bitcoin, be it a friend or family or someone on the internet, I have always tried to stick to the benefits of it being used as a currency not an investment. and we need more users who adopt bitcoin as a currency in my opinion, rather than more speculators to play around with the price and make more $$$ in return when they dump and exit.
I totally agree with you.Because if we all want such an easy money then one thing is expected and this is the failure of bitcoin system... At this rate, you can't blame people if they see bitcoin as a good form of investment because it is a good investment. It would be more attravtive to other people to tell them of success stories of people who trusted btc before. It can make someone rich. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Do not ever panic in the business of buying and selling, because it will bring a bad impact that we will certainly lose if we do panic in selling because of the market price down, remember all this just talking about time alone, all back recovered just stay waiting time Only If its a another altcoin that doesn't have that large following yet, definitely it will have a big effect. For bitcoin though, it would have to be a major dump since a lot of people are already invested in it and these people are confident about btc so panic selling pretty much is not that likely for many btc holders. |
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I still do not have so much bitcoin that I could spend on buying real estate, but in the future because of the rapid price increase, I will definitely do it with my profit from bitcoin.
I think you do not need to use bitcoin to purchase real estate, it's an unnecessary job, if you want to make a profit, use bitcoin to trade altcoin. maybe its because bitcoin price is not yet increase too high so we can not buying real estate but I am sure that if bitcoin price is going to up until $10k, maybe we can bu real estate with our bitcoin and we don't have to use much of bitcoin to bought. if in the future bitcoin price is really expensive, then I think we can buy many thing with bitcoin. How much are you expecting from btc then? It already went up a considerable amount and a lot of people have already profited handsomely. Even with the current price or just a little but higher, it won't be that hard to accumulate enough btc to buy a small house. It's even going to be ok if btc remains at this price for good. |
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Bitcoin is not really a bog dif.from cas maybe if theres a diff. It is only few because in terms of value they are almost the same.they are both usefull
What arenyou talking about? Aside from both being called bitcoin, nothing's the same between these two. Bcc's price was up only a few hours after it was launched. It's been on a decline ever since. Btc on the other hard is skyrocketing after that hardfork. Bcc is considered by most as another new altcoin that was only noticed because of the drama caused by the split. |
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Best way? All of the years the best way to make money with bitcoin is by buying them. Yes, you have to invest and just do buy them at dip so and just hold it for a long time. As it reached $3,000 now when you had bought at $1,000 look there's $2,000 you've got. And when you had bought at $3,000 when the price gets higher sell it.
But it actually is a very lenthy process and requires a lot patience. It can only be successful of we invest in bitcoins and completely forget about it and directly open our account when we see the price is high enough. I think trading for altcoins similarly will be more quicker and can also give profit. Those who cant wait or dont have patience can surely try altcoin trading. The patience that you will put in holding your bitcoin is always worth it, right? Don't say that we have to forget about it, we just have to hold it and let the price dictate on how much you will earn from holding it. And look on how it is easy to do, by doing simply nothing and let your bitcoins at your cold storage it will eventually give you profit soon. Exactly. You really don't have to even do anything as bitcoin itself will do the work for you. It's like putting your savings in a time deposit with the profit coming in a lot faster than in a bank. So yeah saving is basically one of the best ways to make money with btc |
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Bitcoin will keep increasing and decreasing it's value till it gets all stable. Now it's a volatile coin, and these gains you see are because of the volatile nature of it. Saying that, I think saving them for some time won't be bad at all, because it will still increase a lot in my opinion
Save it or spend it, most of us eventually will be doing both. You're right. What's going on right now is because of btcs nature and saving at this time is the most profitable thing to do. But i don't think you have to save at the expense of depriving yourself. If you need to spend, do so as long as you'll benefit from what you'll do |
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But guess what? Bitcoin have always found a way to recover. A digital currency with the largest community, and that makes it able to achieve anything, if the people work together.
True, for the most part. I can think of a few scary scenarios, though. What if SHA256 gets broken? Will the entire community be able to quickly agree on a replacement algo? What if quantum computing threatens competitive mining? There are some existential threats to Bitcoin that it might not be able to recover from. Very gloomy insight though you've hit the correct thought. It basically means that bitcoin can crash anytime for several reasons. So even if we're all confident about our btcs and its future, it won't hurt to have a back up plan formulated in case things like that happen |
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Trading education is an educated guess, which needs knowledge to gain revenue from trading, may have to learn the other as well as the digital currency in the popular trading market.
even its a guessed you have some fundamentals on why the value will move to your guessed and if that will succeed you have some pattern to follow it from time to time, its really hard work and deep research to make a wild better guessed though. Right and like you said fundamentals which gain from researching before to trade any coin. It is like a prediction based on your skills to guess what is the possible move on the price after the last position of it. Simply put, it is. Educated guessing means you don't really expect to hit exactly the amount you're looking for but your guess has a lot of study to back it up, therefore increasing the chances of you getting the preferred end result. |
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Using bitcoin for the benefit of my family considers this a good thing, especially in an emergency is not wrong if you spend your bitcoin for a positive purpose, except spend bitcoin for rah rah like gambling
Yes, using it on emergency is good. Very few people sell at the right time while majority on over expectation just wait for a bigger price and finally ends up missing the ATH. In reality it's the best investment that one cannot find anywhere else and profit big and low depending on the luck. The popularity of the bitcoin is all because of the increased bitcoin price. Eventually all of us would have to sell our btcs. You can't keep it until it becomes useless. Forecasts have been very encouraging for us to keep.our btcs. Like the price would go beyond 5k or even beyomd 10k in a few years. But the assurance isn't there are strictly saving up btcs may end up you missing all the best chances to sell |
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Yes, bitcoin provides a lot of work through the Internet. You just need to earn some skills in some area. For me, this is a very convenient way of earning that feeds my family.
Whoah you've beem doing quite a lot if you're earning enough to feed your family with bitcoins. Though i see the possibility of that and i'm thinking of really focusing on signatures and services along with trading as my main source of income. Especially with the current price, i see its really possible |
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how will people adapt change from FIAT CURRENCY to DIGITAL CURRENCY like BITCOIN?  Its going to be slow. And i don't think there will be a complete change. Right now digital currencies are appreciated by a lot of people especially those who're more.into digital transactions. But a lot more would still be wanting to transact with fiat, which they've been doing ever since. |
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We can really see that the price is reaching to that $4,000 and it is getting closer and closer.
Before this year ends we can be settled down in the price of $4,000
So just keep on growing and getting more bitcoins so we can be millionaire soon.
Soon. Hopefully that comes true. I'd be happy if we'll settle at 4k for a long time. Even signature campaigns would provide handsome income for us if that happens. Though i wouldn't to put my hope too high. Several things may happen but so far so good for now. |
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imo in addition to it being traceless there is one property that will make cash very hard to replace: it works offline!!
Exactly. One thing that will always be in favor of the current system is that its not held back by online connection. Though we're now at the hey time for progress and internet is easily available in most areas, that still doesn't change the fact that there are many people who would still prefer doing in manually |
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