For how much time do you usually let your money invested in a casino before finish or renew it?
I'm withdrawing my BTC profits every month, while keeping my altcoin banroll investments for long term. By withdrawing frequently you will be lowering your profits, but also reducing the risks of some accident like hacking or exit scam. For example I already have around 22% ROI, if I didn't withdraw a single time I'd have higher profits since my investment would keep stacking, but if something really bad happens, I'd be left with nothing, but by withdrawing I secured some profit and even if something happens I'll be left with at least 22% of my original investment. So the question about how often do you want to withdraw is a question about how much do you trust your gambling site. I have never invested with altcoins, I just don't believe they will give me a good value in the future although the volume will grow as gambling sites are very profit. Normally, I just put my bitcoins, and not that the price is surging again, I guess there would an effect on the value and that will be great for me. |
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I never get rich from gambling, I also don't know whether gambling could create a rich and from what I saw most people who gamble always lose
There are only few people that getting rich from gambling probably they have a pure luck? hahaa, I think those who getting rich from gambling are those who have great capital to gamble, last month I've saw a man that bet $35,000 worth of chips on a single roulette spin and win $3.5M, it's viral on facebook and he is super lucky. If that man will gamble again, there is a chance he can lose back his winnings. I believe he is a high roller, he made a bet that big, so expect a big win for his money. This person for sure is already a millionaire or billionaire, no low earning gambling can afford to bet that big amount just for one spin. I'm jealous. lol. |
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No one can't become rich from gambling, because gambling isn't a regular source of income and if you win big amount one time you try to gamble more to win more that result all your money to be lost.
Exactly those rich from the start may become more rich on it but not the poor or normal people , we can only be rich on it when we bet higher bets or when we risk higher amounts. That is only the time we can be rich on it. The chances of becoming richer is less compared to becoming poor, that depends on your strategy and I know there's no smart gambler who would put a big amount of money when they are convince of their skills, however, the record will speak for itself and we know how low the success rate to be a winner in the long run regardless of your bankroll. |
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Yes i will suggest my self not to play more than with little amount on daily basis. Because we need to set some limitation in order to control ourselves, other wise it is very hard to sustain in this difficult world with all the expenses.
but it seems to me to be very difficult. we always want to get the best results, and one way is to set the amount bet more. self-control is not a difficult thing when can understand the purpose of life that we are headed. If a person don't have any self control better he need to quit the gambling, because with out setting any rules for himself how can he dumply keep on gambling. It will leads him to loose all the money he had. That's easy to say but if you are in the position of a gambler with that kind of problem, you will not gonna quit easy because you have the addiction already due to lack of control. It would be easy if they will slowly learn how to discipline themselves so if ever they lose, they will not lose more than they can afford to lose. |
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France biggest bank BNP Paribas,Barclays in UK, Santander in spain and citigroup have all started showing interest in blockchain technology.Blockchains has an unparalleled potential to revolutionize the banking system by improving efficiency and limiting costs.Large business to business transfers could be completed with significantly lower costs.Latest technologies are always adopted by banking systems as how they introduced online payments and ecommerce in the mid 90s and now, the block chain technology.
Good to know that banking industry are very interested with the blockchain technology, although they will not adopt with bitcoin, it is a good change of the system to benefit the masses. Cheap and fast transaction is what we need, and with bank we can feel secure with our money transfered. This should happen soon so other banks will follow, lucky are those who stays in a develop countries as they are the ones who can try it first it ever it will be realize soon. |
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I don't see bitcoin is the future money, or new money. I take it like another commodity like silver, gold, oil, etc.
Calling "bitcoin is the future money", or "bitcoin will replace fiat" is the ego of many groups that loving crypto currency too much.
Blockchain technology with the transparency and anonymous transactions, will never be acceptable to any country. Don't think too much with this crypto currency, just trade it, and make some money.
Gold and silver are not commodities, they are money plain and simple since gold and silver has all the characteristics of money, oil in the other hand is a commodity because it does not have all the characteristics of money. Some called it commodity since gold is a tangible asset and others call it money, I see it as money and I believe this gold is a good investment overtime. Gold as compared to bitcoin has only a similarity that is it is both valuable but bitcoin for me not just in terms of value is more valuable since it can help the life of the people easier and with it's feature that is anonymous, we will have what we are longing which is to transact online with freedom. |
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Voted for trading, and the result also saying that Trade is the winner of this Poll.HYIP, RevShare, Cloud, are mostly scam(Ponzi), Gambling is luck near to me.I have lost some of my BTC joining bet and earned very little.Trading is only the best source of bitcoin now.Although I have a little skill on trading but I saw, many people earning a lot of money by trading.In this forum most people earned by trading.
That's obvious because we know what is legit or not. I like trading for my future and it's one of my focus now aside from doing some online job to aid my lack of income from my day job. Hopefully someday I will be able to figure out how to trade successfully and that it will deliver me a regular source of income. |
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you can invest your btc to cloud mining, see my signature.. this good offer to all.
No way most of the cloud mining sites are just scam and it's not that good to suggest to invest in cloud mining. I prefer that don't you guys invest to cloud mining or you are going to feel sorry in the end because that is just going to give you frustration in the end. They will just offer you good profit but you are going to suffer in the end. this is not scam, this is manufacturer of miner.. work some year. Clearly he said most of the cloud mining are scams and not all, therefore if you site is legitimate then you can attract people to invest, but since the reputation of the industry has been ruin already, some are hesitant to put their money. I can say this because I have a bad experience in the past. |
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I agree with your all points, and i believe if we have a ability to manage ourself than definitely gambling couldn't destroy us. I really respect your points, that our family members have great part in our life not gambling. You are absolutely right, gambling couldn't make a life, we play gambling because we want to earn money and secondly we find entertainment from it. Otherwise, our life is more expensive than gambling for our loved ones.
I guess the first priority will be the entertainment then second is the money, in that way, we will be safe because even if we lose we can still be happy and entertain. For some people, money is really important but since they do not have the skills to do it in gambling, they will only lose and might destroy the good relationship with the family. |
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It is very hard to become rich with gambling. Mostly gamblers are just going to lose money from it. Maybe the only way to become rich from gambling is hitting the jackpot prize. I think only those who have luck and house owners can become rich in gambling. So, lets stop making money from gamble, just play it for fun.
That's a bit of a delusion to believe and expect that you are going to be rich in gambling someday. No one knows the future, same as in gambling, no one knows who will be the lucky one. Better not expect anything from it. Only those who are lucky are the one who made it out of gambling and bring fortune with them - Some of them are wise enough that they never turn back to gambling. Gambling is fun and could give you fortune in the future if you are lucky enough, since luck cannot be ascertain, hence we just have to take it slow. No one would say there that they have become rich because of gambling for security reasons but that is possible to happen, however, chances are very low. But we should not rely on our income coming from gambling, the way we should treat is still for entertainment. It cannot be denied that we really wanted to be profitable, but the journey to achieve that is very hard, time will come we will become lucky and hit big amount and let's hope it can satisfy us. |
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Cryptocurrencies are more like a private and non financial assets, governments consider them as online toys more of a private club thing.
Only bitcoin is a serious matter for them, no government can expect taxes from people not using any national resources, you need to understand why are they taking money as taxes first and see if being involved in crypto could be considered tax-worthy or not? are they providing you with their services while you are doing trades in crypto? if yes then they have the rights to charge taxes.
Government are obliging people to pay taxes for whatever they earn as that is their responsibility and they will do that to something that is in their control, since bitcoin or altcoins is not in their control due to decentralization, they cannot tax it. However, because of the fact that we convert our crypto currencies to fiat, it's easy for them to tax us. |
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I can say that for me the price of Bitcoin has a great importance. Ever since I had the coin, I constantly look at what the price of Bitcoin market. I need to know how much I have assets, so price is important for me
the price of bitcoin is the most important component of the way of life of bitcoin itself. even I was in bitcoin or join bitcoin because I saw the prices were very high. perhaps most users also experience it, Yes, exactly so bitcoin price do matter, everything varies with every currencies’ value or price on how they fluctuated. This is where we can say if we are going to sell or coins or hold it still, and it is just like the fiat guys. true, any user who invest in bitcoin, they hold their bitcoin wallet, it was because they wanted to wait for a higher price because they want to benefit from their investment Basically it's like a savings, every time you have that extra amount of fiat your convert it to bitcoin and then save in your wallet. You have to consider it for your long term investment, the value will grow overtime so that is better than saving your money in the bank where it will just inflate the value. As investor, we are always positive to see a better price as that excites us and we will be encourage to save more. |
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Seeing on the current price of bitcoin on preev.com its already on $950+ price mark which means we are almost hitting again the $1k price which have been dump down previously and now its start to cling up again.This price is reachable anytime as long the adoption process is going on and we cant really stop it.
Here we go again, just like in the first week of January 2017 when we reach the $1,000, the start of February 2017 is great since we can see the value is rising again. We will probably gonna reach to that level this month alone and I am so excited to see it. My patience is worth because I never sell my bitcoins waiting for this event to come back again. |
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Yes, holding Bitcoin for a long time is good.As we see Altcoins are not performing well.No good progress has been found in Altcoins.Most of them are just shitcoins.We could see bitcoin has recovered from its recent fall due to china impact.Nothing happened like 2013.More companies are adopting bitcoin.Bitcoin related businesses will flourish in the future.Bitcoin is expected to reach $2000 by the end of 2017.Since bitcoin supply is finite, its price would reach much high in future.
Exactly ! the shit coins ( ah sorry altcoins ) are just to invest in short term, gain profit and get away while bitcoins is something we can rely on since its running and being constant since yars and the best part each year the average price of bitcoins just get higher and higher only. I guess with your method it's better to invest during ICO, some altcoins are good in pumping its price, we could make great income if ever we will risk on them. The moment you earn form your altcoins investment, try to consider converting it to bitcoin and save for long term. That's my plan actually, just sharing with you guys as I feel it's useful. |
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I think it would be better if you invest in trading site to buy bitcoin or other potential alt coins so that you could trade and make much profit within short duration of time. If you don't have knowledge of trading then better just buy and hold bitcoin for atleast 6 months and get extra money by selling those bitcoin because within 6 months price will definitely go up and if not then within 1 year it will definitely rise. Making $100 is easiest with bitcoin if you have capital to invest.
You cant assure that in 6 month bitcoin price can rise up , The price can fall in just 6 month. If you just want to hold your bitcoin and your target is to gain profit in it. I think you can monitor the price every week maybe. Its true that you can easily gain 100$ if we bitcoiners are lucky that the price hits its peak price. You could be right, but when we are investing, we are speculating that the price will rise and that is what we want to see to see profit as well. It may fall and we could lose, but so far, the trend tells us to invest and I believe this is the best investment for now. |
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Therefore, as a gambler, we take bigger risk hoping for bigger return.
There are many other thig that could make you get good return if you actually have a decent capital to start with. Bigger risk doesnt really guarantee bigger result as well when it comes to gambling however with bigger capital to start up something it could means bigger return however people are just too dumb to think of that and decided to go for gambling instead That's how greedy and easy we think about life, and that's how gamblers think, they want to earn money easy and they want it big and abundant, never thinking that it is not what they think about it. What I think about gamblers is most of them don't have a steady job,and probably lazy? ( not intended to hurt someone ) Coz if you have a job, you don't have time to gamble and probably always doing your best to have the best in life. Maybe because that is the reality in life, life is short so we all want to achieve something in a faster way. Gambling is one of the example, due to our lack of income, we consider gambling as a source of our income despite the fact that we are not making great performance, we are too blinded by the reality when it comes to gambling and we are too unrealistic with our decision making. |
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I really don't think you should gamble until you have funds you can afford to loose. But should you choose to gamble then primedice is one site that is recommended as I have played small there but it's nice. Coming to investment Bitcoin it self is a investment, it's price keep up going up. Or if you wish you can divert your portfolio, by selling btc for additional profit, by fiat with it, and use it to invest in stocks. You can even do a giveaway to suggest you best investment ideas. However I yet feel gambling is not a nice idea.
It is fine to gamble if you want to have sometime just to have fun as long you know what you're doing and you are responsible for it. But of course it is always good to invest into something that can give you profit. For example, if you're an addicted gambler, then just invest into a gambling site that you are gambling. An addicted gambler should be prohibited from participating in gambling, may it be by playing or investing. The fact that he is already addicted, he will not gonna just stay there and watch, he will play as the urge to gamble is still in him. In the end, the investing journey will start to diminish and he will divest his investment to use it in gambling. |
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I think any bank will not be accept bitcoin because it is an alternating way of income which is hidden from Government.
The definition of bitcoin is not income, it considered as an asset or currency for some people. Bank will not accept bitcoin because it is not money and has not value if not back with fiat. True that bitcoin is popular but not popular as money but as a payment processor or investment for online only. |
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when gamble I always prepare the profit target, I stop gambling when I lost and my money runs out or I already benefit in targeting
I think that's all we should do, we must learn how to stop when we are losing so we will not be able to lose more. I like to gamble when I have a good feeling that I am lucky, but usually due to some kind of greediness inside of me, I push my luck and end up losing everything. This is something I need to learn which is to control, and it should be on a consistent manner. |
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I got my payment reflected in my account already. Thanks Betcoin.ag for a wonderful month.
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