What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?
What are the factors that make these people successful in their investments?
The investors should be broad minded when it comes to business in terms of investment. Had a big vision on it, and the flexibility must always apply, decision maker, know how to control emotion, and be understanding, I agree, the investor should be able to make decisions. And he should not be greedy. He must have a cold mind. And very important in investing luck All the good qualities should possess by a good investor in order to succeed, it's risky to venture in investment therefore it's necessary to be cautious all the time as you are not playing games here and every wrong move will cause you money. The best way to grow our money is by investing our money, trading nowadays is good if you have the great qualities in order to succeed, too many to mention but all should be done. Investment and trading both are almost same, we need big capital and time to make a profit. But Trading is a bit better than investing here if you have market knowledge and when to trade, how to trade, which coin you want to trade to make money. Then you can easily make a profit in trading. If you ask me trading or investment, I will suggest you do trading. |
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This maybe a little amount for a beginner but if you want to have a big profit you can invest bigger money but dont invest in such sites you are not sure Yeah.... Pretty sure that 25$ is hard to grow if you have only one way to grow that like investing, but if you invest it in trading i think it can doubled it a day or a week, mostly people here doubled here money in trading like me but not also, if you are good in trading go for it and grow your money thats all.. Trading is the first option to double our small investment. If you have big capital, then you can invest in casino sites and earn money, but you have a small amount, so the altcoin trading is the best choice and fast income. Apart from this you can you make money with your skills like how you are making with selling games and licenses. |
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Among all the cryptocurrencies , bitcoins price is high . It doesnt mean that bitcoin has no competition. Bitcoin is more popular and familiar to common people because it is the first of its kind and people started to buy bitcoins. Because of that it price increases day by day and it always appears in the headlines of all news portal. All other coins are not so popular. Thats why people prefer bitcoin than other altcoins. Now altcoins also started to get popular. In the near future they can also become a good competitor to bitcoin.
Bitcoin just got the highest price thats why many people use it. But thay also use other cryptocurrency because they also want to earn bitcoin, if you know what I mean. They mine other altcoins because it is easy to mine than bitcoin. Bitcoin is really hard now to mine, thats why we just mine altcoin and trade it to bitcoin. yes that is a fact that people are purchasing bitcoin because they are expecting that the price of bitcoin will increase more and and we can see that the price is trading above 1250 and still its price is continuously increasing Yes bitcoin attract more because of the price rise especially before the ETF decision by SEC. But is has competition on the alt-coins market, like Etherum who is gaining a good volume of transactions lately and even got it ATH as well. But I think bitcoin price will continue to rise up so even If there's competition, bitcoin will just leave them behind in my opinion. yes not a single currency can compete with bitcoin, bitcoin is the world number one currency can will always remain as number i do not think that there is any single currency which can take the place of bitcoin. No. Even the prices of Bitcoin is very high, we can not deny that there are still many cryptocurrencies out there which are stronger and more effective than Bitcoin. Ethereum, zcash, Dash, Litecoin, etc are all Bitcoin competitors and you can only realize how useful it can be when you use it everyday If they are so strong, why are they so cheap? They are strong, but they don't have more publicity like Bitcoin that is why it's cheaper than Bitcoin. But in future, any one of then may give competition to Bitcoin. Why Bitcoin is more popular means all online gambling site are promoting this currency and many people are invested on Bitcoin that is why the Bitcoin price is so high. |
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There is one reason for this. The fallacy of eventually winning the game. People have this belief that if ever they keep on losing, one day they will win which is actually not true. Losing will not guarantee you to win next time. Remember the chance keeps on rebooting or refreshing every time you make a bet. So accumulated lost will not guarantee you to win next time.
Yeah, I also hear to people, they said if we lose then next time we win. I am also not agree on it, lose is a part of every game, and no one give us grantee that we win in the next time. That's why i play gambling not to think that i lose or win, but i try to win, and if i get lose, than i am not disappointment because i could afford my lose. From my gambling experience it somehow happens that when you lose you would win next time, but also same as when you win you will lose next time you play. And you just lose more compared that what you win. So eventually in the end you still are the loser from gambling. People should not treat gambling as a way to earn profit. It will just eat up their money until they are bankrupt because of it. yes in gambling win your bet also a problem and lose your bet also the problem you can not control your play. If you win you will play to make more profit, suppose if you lose you will play again to get back your loss. Once you start to play gambling, it will not lev you easily after you lose all your money then only you will realize that you did wrong. |
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no problem for me i can log with twitter google or facebook, you know why? because i have fake account there too lol, you really think i'm going to give up to my privacy because of this? of course not, you can alwys be anonymous on the internet unless they are asking id proof with photo, and for those site i stay away from their business
Yeaaa you can always create a one time used social media account, so it should not be a big deal. But what is the point have to use social mefia to log in or sign up? It is really not necessary , it will makes people have a lot of speculation, people will accuse the site owner to collecting info of player. i don't see any point it that, and it actually is a privacy concern for me to do that so i will never do it if i see the option somewhere. but also you may be able to easily advertise your affiliate link from that casino on social media. imagine posting your winning roll directly from the casino on facebook and the link is your ref link. that way your friends can easily be your referral too. I just think it was bad idea for a casino who have feature to linked social media to their account. Most player never want to share any gambling activity to their social media account, never proud of it. Social media indeed good for promotion , but i don't think people who have gamble for years will love it. Your one point is correct, and many people will not like to share their gambling activities to family members and friends and loved once. If you log in with any social media account then automatically they will get to know that you are in gambling activity. That is why people scare to use their personal social media account to log in any gambling site. |
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3 BTC per minute is quite huge but there is nothing mentioned about source of this datas. How this statistics were calculated, as most of the bitcoin casino doesn't show their full stats how author have calculated all this amount. The only casino that is mentioned is cloudbet, does this stats is based solely on cloudbet.  True, we have no genuine way of knowing whether these statistics are accurate. But if they are, that's great. Gambling is a huge industry, and I think this shows gamblers' increasing association with attempts to be anonymous. It's great that, since in many countries gambling is illegal, people can be much safer gambling online with casinos they trust using a convenient currency and I think that online Bitcoin casinos are going to make their way closer to the mainstream for gamblers. It's a great record, and I never imagine that a gambling site will make this much profit, and I also have doubt that this statistics is only for one site or all sites. But anyhow this article will tempt rich people to create their own online gambling casino site. In future, the number of online sites will increase day by day. Yes, the Bitcoin made easy to play online gambling. |
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Bitcoin will die if no one will be using it for transactions and any profitable spending online. The economic impact of bitcoin will certainly drop it's performance particularly on it's price fluctuations, as well as demand of buy and sell is really affecting and will make bitcoin die. But for now it's not possible to happen because more people are now adopting btc and they demand buying it from online peer to peer trading, which purpose is to invest for future holdings of bitcoin.
Yes if people stop to use bitcoin the Bitcoin will die this is also one reason. But according to me, the main reason is if the online gambling sites stop to accept bitcoin the Bitcoin will lose it value and slowly the Bitcoin will lose its reputation in the digital market. Yes, the online casinos are the big backbone for Bitcoin. If they stop to accept Bitcoin, the Bitcoin have a chance to disappear. |
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my prediction so far is bitcoin price will be rise slowly and will reach some point of the price and then will be down for a moment because of supply and demand in the market. although the price is down, the bitcoin will be rise more higher than before and the only thing that we can do is to make profit as much as we can so no matter the price is volatile to often, we still can make money from it.
one of the factors causing higher demand bitcoin is halving. I am quite confident in the future, people will be much use because bitcoin will make them easier and more secure when transacting. bitcoin has many advantages than fiat that will make people comfortable using. then demand increases so prices rise. Yup it may be possible in future, the people start to use bitcoin for their daily use, and it happens the Bitcoin users also increase, and we have a chance that our govt may accept Bitcoin as a leagal currency. This is not easy if it happens also it will take some years. But I am sure that it will not occur within 4 to 5 years it may take more than five years. |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
In my opinion, I think no. the only difference of bitcoin from real cash is that, the price is different everyday or sometimes every hour. Bitcoin is also flexible and easy to use. Bitcoin is also a virtual bank . While real cash is stable in price, not a virtual bank but it has a secured place. Meaning, you can put your cash in a safe place. While bitcoin is in virtual bank, so you dont own the wallet. may not be popular at the investment because bitcoin is famous for profitable investment quickly because of the fluctuation. when prices become stable, I think bitcoin will be known as the only payment option I think yes it would be popular, but it will affect on investors and traders, and the business will go down in trading. But this will help in other way means as a mate said payment options. If the price is stable, all shops are ready to accept Bitcoin as payment, and it will grow slowly in all over the world. |
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
DOn't put all your money try to invest at least 50% percent of your money if you are newbie on this don't risk that much you can invest but make sure that you will learn don't invest when you don't have knowledge on this investment is not fun. Bitcoin investment is good but doesn't put your all money in Bitcoin, and It may be worth some time if you have bad luck you will lose your money. So better before investing in any business learn how to invest and is that worth for your money. Yes without having proper knowledge don't do any work it will always give a loss for you. |
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I would pay the taxes, but as long as it's within acceptable range and only charge taxes likes what they usually do with fiat such as charging taxes when we got salary, spend on shop or buy expensive goods. But, i'm sure government would find a way to keep taxing bitcoiner (in case bitcoin is legal in that country and accepted by many shops) by ask the shops/services to include tax in final/total payment when user pay in bitcoin  If the Bitcoin is legal means the government may do like this, But how the government will collect exact tax amount. Suppose if one shop accepts bitcoin and as per govt condition they will collect tax from customer. The shop owner will pay tax to govt at year end. This is the process. But in this process, the govt will never get exact tax from shop owners because of BTC price flactuation. Is this process will work out in the real world? |
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It is too much of a hassle imo to recieve your salary in bitcoin. It is not easy to use them daily and to pay your bills.
Ultimately, you are going to be better of by receiving your salary in fiat, doing your expenses and using the leftovers to buy bitcoin instead. You won't get a full one, but you will still build a solid stash over time.
Recieving salary through BTC is not 100% good, You can not use BTC in real life, and again you need to convert it into fiat currency. And if the price is stable and it will not go down then we can try, But we can not predict the BTC price after you get your salary the next day the price fall means what you will do am I right. So I don't like to take my salary through Bitcoin. |
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France, Italy, Russia, China, UK, Portugal, Denmark and many other countries all have very strict laws against online gambling. Some of them block domains and financial transactions just like the U.S.
Yes but in all countries, we can access online gambling, especially in China and UK. and if you are looking for strict less countries means you can try in Asian countries. They don't have many restrictions against online gambling. The countries are Sri Lanka, India, Bangladesh, etc. here the governament will not put many restrictions on online gambling. I heard that in India they allowed A Rummy game site to make business legally in india. That site is paying tax to government. |
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Trading is really way much more better than gambling,
Cause in trading you are not depending on your luck to come it is on your skill unlike in gambling where you are just depending in luck.
If you are that skilled then trading is a sure way of earning and we know that it's a better way of making profit on bitcoins. But if you are sick enough and you got stressed already with what your trades then gambling is better to relief that feeling out of that stressful day that gives you headache everyday. I like that idea dude. Yeah if you focus on trades all day long sometimes it gets a bit difficult to stay focused and you may make a couple of mistakes. Though i agree that trading is way better than gambling, sometimes you need to have respite from all thise numbers and predictions. It just matter on what the person intends to do. If he loves to trade then he needs to stick with it. And there are people that are earning good amount with gambling so they are good to stick with it. Everytime sticking with what we are interested doesn't help in earning. We need to study the market and decide accordingly. What I do is, when price moves forward I won't gamble for which used to focus on trading. Because in gambling if lost we will be losing a big amount as price move is positive Sometime you should also enjoy gambling with some fun games, because you can make your stress away from circumstances you encountered from trading. If you lose big in gambling, it can be adjusted to minimal amount and only bet for fun and not exactly what you expected tovet profit from it, just think and enjoy the game you played because gambling is prone to losing rather than you are in trading. Trading only losses the profit if there's no exat knowledge from the market price, and no updates from the current price of the stocks you are having trades. Gambling will give relief when you are in work stress, but you must ready to lose your money to get fun. If you give value to money don't like to lose for non profitable activity then don't play gambling. Do trading it need market knowldge, but it is profitable once you learn how to trade. That is why trading is better than gambling. |
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Actually, I never missed, it's because I never traded at the right or wrong time. I traded on my own targets and I made a good amount of profit with it. I won't regret it though as I am not greedy about it.  Did you sold your bitcoin yesterday? I think it has given a good profit because i do that. $1270 and buy back on $1190. It's good profit for all of the traders. The bearish trap. yeah i do not think that there will be a single person who may not have missed the right time to buy or sell. i personally missed that opportunity, as i am still holding my bitcoin. ans not sell it at 270+ USD and now the price is trading below 1150 USD and still continue decreasing.i think still it is good time to buy it again and wait for the next bullish trend. I trade my bitcoin on the local exchange and after buyback on $1190 and the price is going high again and touch $1215 and i sell them and I buy again on $1153.1. and just keep my bitcoin to avoid the lost price. Now again the price is raising. just to earn 15 to 20$ taking a risk on 1100$ is worth? because if you trade more than 1 BTC then only it is possible. If you trade less than this, then there is no use to buy and sell. But I too missed the right opportunity to sell my coins many times, and Now I will not wait for more time when I feel the price is good I sell my coins and very rarely I will buy coins that too if I feel the price is very less. |
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Interestingly enough that is good strategy. it seems that would be a nice passive income. but if I only had a little BTC then I would prefer to trade, I think that the best way to grow my bitcoin. Not everyone has enough capital to start minning. Mining is a more complicated method, we can grow our BTC easily, but the requirement is so expensive. We need to invest more money here, and it's not sure that you will get back your investment in one year. You want to mine more you need to buy an expensive machine and need more power supply to run mining. So trading is a better choice to grow your coins. |
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Too bad I feel sorry on saying this that western union is still better than bitcoin nowadays. Because they had a lot of customers throughout the world and those people doesn't have any knowledge when it comes to bitcoin or crypto currency. But I know one day they will be informed about bitcoin and will even try to use it for remittances.
Just because they have lot of customers doesn't make them better than bitcoin. Western union is older than bitcoin and they have lot of funds to promote their services on audio visual media. Have you ever seen a bitcoin ad on tv? obviously not. Technically bitcoin is far better than Western Union. Knowing the most people doesnt know crypto world, bitcoin has no use for them, and considering the risk that the bitcoin money can be frozen at the banks might be a huge problem when trying to deal with bitcoin, since bitcoin its considered as ilegal, even with some countries trying to make it legal since they know and saw the power it has already. Western union is legal, you can transfer any amount legally and no one question you and the amount will deposit in fiat currency no need to convert once again. Bitcoin is not like that we have to convert it in the local exchange. And yes many people don't know what is Bitcoin, so we need more publicity for Bitcoin to the compitate western union. |
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the difference between money and bitcoine are large in the world.
BITCOIN;
1.bitcoine is transfer to money that is dollar,rupee, etc
2.bitcoin is to be esaily earn anywher for techninical used.
3.its strorest large .
MONEY;
1.money is from bitcion that is not cnvert'
2.money haven't earn esily anywher.
3.its storage minimum or maximum.
It is not necessary to always convert your Bitcoins to local currency. Many online services and shops has started accepting Bitcoin. the difference between money and bitcoine are large in the world.
BITCOIN;
1.bitcoine is transfer to money that is dollar,rupee, etc
2.bitcoin is to be esaily earn anywher for techninical used.
3.its strorest large .
MONEY;
1.money is from bitcion that is not cnvert'
2.money haven't earn esily anywher.
3.its storage minimum or maximum.
the difference isn't too big to be honest, the fact that it can be converted to fiat does not mean that it is different from the money, besides that it is not easy to earn bitcoins at all nowadays because you need to work something to get it, other points of yours I cannot understand, but the main difference is that bitcoin is completely digital. I agree, its quite tough nowadays to earn Bitcoin. You have to use skills or if you want to earn from faucets, the reward rate is going down due to increase in valuation. You want to earn real money we have a lot of options and you can work anywhere you will get your payment as a fiat currency. And you can use it without any issues, and Bitcoin is not like that we have only limited options to earn bitcoin, Trading, investing, Gambling or online work or signature campaign apart from this I don't have any other options. And you can not use this currency directly in the real world. This is the major difference b/w real and BTC currency. |
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Gambling addiction is not easy to quit, many people can't do. We need to be clever enough things on others to quit it.
So hard to quit gambling, it is like smoking too. Addiction really is so hard to stop especially when you are just on the first steps on quitting it. Better to let other people to help you. It's not like that, quitting is easier, it's just being exaggerated by many that it is hard to quit gambling... Anyway, I'll take the other guy's example, I smoke, before, I quit, then return again few times and then totally quit it, same as in gambling, I quit, I return then quit it for good, it's not hard as anyone thinks... You do it not for the sake of other people's benefit but you quit for your own good... The smoking addiction and gambling addiction both are different. You will smoke to release your stress and if you get to know it will spoil your health and definitely you will stop smoking because everyone love their lives. But gambling is not like that this is money matter. If you want to quit gambling completely, first you must stop to loving money then only it is possible. Why people are addicted to gambling means it's easy money. If you don't have love for money, then you will not try for easy money right. |
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About your question if the community will like the idea of instantly converting bitcoins to daily rate of EUR. I think they will not like it. Since most people play in bitcoins, they want to see what they deposit. Also, some do want to use bitcoins but are hoping the prices will rise. If you already convert it to fiat currency then they will not be able convert it at higher prices. On the upside though, they will be saved if prices go down.
Well I agree with you while I see some advantage for gamblers also. I myself prefer to bet in bitcoins and that's why I gamble with bitcoins else I could simply make an account on bet365 and play there. But at the same time I am sure there are gamblers who would desire a casino that works like non btc casino while still having the freedom of bitcoins and anonymity. Plus having the option to deposit via Bitcoins. Playing with fiat currency and your idea is almost same, as a mate said if we want to play gambling with fiat currency yes we can open an account in bet365 and we play. It's already existing and reputed site. Why people prefer Bitcoin means suppose if they win their bets and collect bitcoins. They will hold it until the best price come and they sell it for the best price. If you convert immediately it's loss for players. |
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