if we have money so make an investment is a good way to increase our funds, but if we don't have money, maybe saving is a good option and from saving, if oneday our saving become big, then we can make an investment so we can make profit in middle until long term.
Making investments is something required to have better financial returns, but to invest it's required to have savings, as you said. Therefore, looking for the bigger picture, both are very important. Having savings makes it possible to take advantage of new opportunities and investments, which can give a good return if done in a well-planned way. Yes, I believe that investing and saving comes hand to hand. I would definitely save but at the same time i would not want my savings to depreciate in value so therefore I would want to invest at least part of my savings. But picking the right investments are also crucial - you don't want to get stuck with a ponzi scheme. We can do both, saving and make an investment in the same time. Yes we can, saving our wealth in bitcoin is an investment too, we all know that bitcoin price is move so wild. I think it is risky but it also give chance to get huge profit too. Some investment like properties or gold is type of long term, it is requare big financial capital and knowledge. We need knowledge in demand to avoid ponzi scheme. There's one way to call that, you are not saving but investing. When you convert your money to bitcoin it's already called as investment and it's started to have risk. When you are saving you only put your money in the bank and you will not lose it but grow it. |
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Well, I don't normally play any game with a house edge and I try not to get my money in on a bet with a negative expected value. There are times when I will take a little more risk than I take otherwise....when I think that I can take advantage of the conditions of a game, such as when I have the big stack in a poker tournament, I might bully the other players out a little more than usual. But, I don't like taking big risks....and....I always do the math before committing my cash!
Most of the games where there's a house edge is really entertaining but make sure you will just play for fun their, otherwise you will lose your money. No house edge is the only gambling games where somehow can give us a chance of winning. |
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Hello Guys, I would like to know you're understanding about online gambling and real life gambling. Since here in the philippines online gambling is now illegal. I'm just curious what's the difference about this too. Why make online gambling illegal?
Online gambling is being called illegal in the philippines because online gambling doesn't pay for tax in philippines government. They want the citizen of the philippines to only gamble in casinos who are paying for tax for goverment only. The tax are used for government projects but most of the time corrupt official are the one who are gaining a lot from the taxes. Thats the real reason behind because corrupt officials really wants to have more money coming from the casino house if online gambling continue the target taxes coming from real house will be decrease glad theres btc casino which cant be control by any government officials. Because of bitcoin, gambling operators shift to online bitcoin gambling. The maintenance are low in terms of expenses and no tax at all as they will never know you have a casino. It's the advantage that is also shared to us as we can gamble with small amount anytime we want. |
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If I were you, I would hold on to your bitcoin as long as you can because there is a good chance that itwill continue to gain value. You could cash a little out if you think that it's to risky of an investment.
He is not holding bitcoins, as OP said he quit in trading because he does not have a good outcome for almost 2 years of trading if I were not mistaken. Holding bitcoins is only for future value but there are people like traders who would like to make an active income. |
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In my opinion you definitely will need elements of both. Even if you have excellent skill when you trade there is a risk of another whale playing against you that can move the market the opposite direction that you want it to move.
Trading is a bit like gambling, just with smaller risks.
I agree, to be able to get some profit you must have that both. you need skills to know what you should do and luck to make it possible to happen. I see more on a skill as a gift, it's hard to achieve that in trading when you are not gifted to have it. The market differs from time to time so you must be knowledgeable enough to succeed and without dedication you cannot achieve it. Also, it's a process so do not be greedy when you start to earn. |
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These results re just pure luck, there s no way anyone ll see 1000 BTC lost by one single person again as it happened on Betking a few months ago. So these graphs represent PURE LUCK and nothing more.
That's not entirely true. Yes that was a crazy one time hit, but ignoring that, if I have a house edge at all sites roughly the same I want to invest in the site that is going to have the most bets against my investment. These graphs could help to show that in the long run. We are talking of advantage here but that does not mean we will not lose and we will automatically make profit once we invest. Our only hold is just the house edge since we are an investor but if someone is too lucky we can lose our money but base on study, investing in casinos are profitable overtime. |
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I think there is a desire to get rich quick and gambling can do that. If you are making money, then you want to keep making it. If youlose some money, you wat to get it back. It's so easy to make bets ad the results are quick.
you're right last week ive won .3 bitcoins in gambling but yesterday i've lost almost .6 bitcoins and that why i have a heart ache right now.lol i dont know how to start again it took a months before i earned it and it suddenly disappear because of my greediness in money through gambling thats why my parents talked to me about my addiction in gambling . but still gambling is life  That's too bad friend, I guess you just have to listen to your parents. It would not do good to you and your future, you just admitted you are addicted, better get out early for you not to aggravate the addiction. |
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Even in short term also no guaranty of earning money in gambling because it purely depends on only luck and without luck you can't win any money in gambling. So if you want to earn money the best option is only investments and as you said gambling is only for fun and entertainment.
Everything depends on luck however if you wish to stay in delusion then you are free to keep that thought however there is no denying that you might get lucky big time in gamble. You might be able to win huge amount in one try, some people has quite some luck to win huge amount and of course it is real indeed Wow! it's not true, never think that everything depends on luck otherwise you will not be a successful gambler. Luck is just a bonus or something we can be happy of as it's a gift to give us temporary wins sometimes but it's hard to rely on that along the way, we might be frustrated if we are a regular gambler. |
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I beleive that majority of bitcoins users have good intentions and want to use Bitcoin for good purposes. Just because some individuals use it for illegal activities that doesn't mean that Bitcoin is ment to be "bad" currency. Many legitimate business also use Bitcoins. And we can't forget that everything good could be turned into something bad by bad people.
You hit the jackpot, but we cannot blame those who think negative about bitcoin as a coin of bad people since the history of bitcoin have placed a fact that it was greatly used before in the black market before the public started using it. But what you said is true it is no made to be solely used on illicit activities but it was designed primarily to be used by all people in all sorts of life. Regardless of our intention, it's our responsibility to be matured enough, we have to face the risk of our action. If you do it for good then no problem with you but the general outcome is good for the market, we have made a big circulation due to great demand in the dark market. |
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i think now its panic selling, i see on the poloniex market, there is a new trend to go down, i am not sure it is just correction or for sure, but i hope this is just correction and after this, the price is increase.
Well, that's normal mate. If it will happen you know what to do. Sell directly to earn money in short term and buy back when the price starts to rise. But if you are aiming for your long term investment, maybe do not mind the panic and just hold on still. |
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It is profitable if you have a big capital. You can recover your losses if you have a big capital in gambling. You can endure many lossing streaks and won't lose easily from it. If you have big capitalcin gambling you must have a good discipline in terms of controling yourself when to stop when gambling.
No it is not, if you have a big bankroll you can play longer that is true and since you can play for longer periods of time you may get the impression that having a big bankroll helps you but eventually losses will begin to pile up and the same thing that happens to almost everyone in gambling will happen, you will lose money. The bankroll mattes so having a good bankroll is good however you need to learn how to manage it properly. It's like being rich that became poor with lack of financial management. Everyone should understand that we are playing risk here and we could lose our wealth if we are not too careful. |
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Minnesota Timberwolves Vs Golden State Warriors
Timberwolves is a very unpredictable team. Last season, they managed to win the Warriors at Oakland when many people were expecting a blowout.
Their away form is poor from their loss to the Pelicans and Timberwolves are no match to the Warriors on paper. However, Green is out today which will affect Warriors greatly as they lost their games in the finals without him. My bet will be on Timberwolves +16 as Warriors will be contented to win without Green.
That's a good bet I guess, they lead 3 in the quarter and currently leading 6 now in the 2nd. I like the Timberwolves to win in this game as well. Look at the odds, so great to take moneyline. Anyways, good luck to us.. |
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I recently learned about Bitcoin. I invested it, because I think this cryptocurrency perspective. But when the price of Bitcoin falls I'm nervous. Perhaps due to lack of experience. In general, I believe that Bitcoin will soon rise in price considerably
It has nothing to be nervous about when the price drops down because that is the nature of bitcoin, no matter how high or how low it goes but it will still keep fluctuating because that is how it works, sometimes up and sometimes down. Even bitcoin growth is moving on exponential rate, it is still following a typical commodity's pattern on trading. Mostly the highly fluctuating commodities like crude oil trading will be doing similar to bitcoin trading. The very big advantage of bitcoin is, it is always moving up even among many fluctuations. Predicting about bitcoins future will be so easy for anyone in general. Past performance is not necessarily indicative of future results or returns. This has been told and proven hundred times, and we should not forget about such things as Black swans and perfect storms. Someone with enough money in his pockets could basically bring down Bitcoin network for an arbitrary amount of time. Until the price starts going down and ultimately collapses. Things like that may not have happened yet only for the simple reason that Bitcoin is not really a big fish so far to come across someone really powerful or wealthy. I really don't think that any prediction beyond 5 years is anything more than a wild guess. Technology is evolving quickly, politics changes, who knows the crazy ideas people will come up with. All my investments follow the plan of five years, not more. So you are not seeing that this year we have a good year, and that would not be possible if there's no moving upwards of bitcoin's price. The movement will continue as people will continue to trust bitcoin, and that's the only explanation to simplify. |
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When people say trading what are they referring to? Are they talking about trading physical idem's for bitcoins or are they talking about going to something like Yobit and trading alt-coins to get bitcoins . Please explain what everyone is taking about in more details please.
Most likely, people mean trading bitcoins for fiat. On European exchanges people trade bitcoins for dollars and euro, such as BitStamp and BTC-e. On Chinese exchanges it is dollars, for example, at Bitfinex, and yuan on the majority of other exchanges located in China. Minor local exchanges may be trading their local currencies, obviously. There are also a few altcoin exchanges such as Bittrex and Poloniex So you mean like buying with Fiat low in the night and selling high in the morning like i always see im the charts? Its funny because ive always had that idea in the back of my head but it just seemed to risky. Any advice anyone can give like where to trade and what to look for? It was already mentioned that Poloniex is a good trading site or if you want you can trade at yobit as well. Maybe you have to try for yourself so you will know what site are you comfortable, and also trader bitcoin, no need to study further. |
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It depends on the person, if the user is selling things then it will disadvantage because he cant predict whether he will earn profit or not, but for traders it is an opportunity, with little prediction they will know when to buy and when to sell, for sure experience traders is going to earn money from this
Moreover the real beauty of trading is based on ups and downs of price levels. Without price fluctuations, there will not be any chances of trading. Every trader must be loving ups and downs and practically it will not be possible to have always only one of these two like only ups alone will not be possible for the any commodity. That's right, that's right we choose to trade cryptos because it moves faster compared to legal currencies. We are here for one purpose, to make money and we believe that there's a lot of opportunity here in crypto and not only trading but also investment as well. |
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Trading is unpredictable and I think that its almost similar to gambling these days so that says already enough in my eyes.
Trading using the right knowledge is not even close to gambling, in gambling you cannot predict without any degree of accuracy the outcome of a roll of a dice, in trading you can not predict exactly what will happen but you will have an idea of the market movements with the right tools and analysis. True and to have a better idea where the market is going, you stick to coins or tokens that is heavily traded and on goes up and down most of the time. This is where you get to have money every week without doing nothing but watch the market while also in thew forum trolling around. Bear in mind that every trolls has motives, most of them wants the market to move strangely. I would not call growing your money through trading as doing nothing since you need to do a carefully analysis of the markets and then put your money behind your analysis, however I can understand the underlying feeling of your money somehow growing by itself. You can call it growing your money if you are doing the right thing to succeed. Trading is also gambling but we have a bigger chance to win as we can study in advance and analyze the market before we make a decision. |
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Investing this amount requires greater care. You must choose an investment with a good risk/reward ratio, and with good fundamentals behind it.
In my opinion, the level of risk to hold Bitcoin, at this point, is an acceptable level. In addition, the profit potential, for the long term, is high compared to other investments.
You might be right but the final decision will always be coming from the the OP, he will invest a big amount so needs to carefully study on the possibilities. As once it failed, money gone and you might lose your appetite about bitcoin. We know there's a good future but do not be too confident to put all your money. |
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First of all my government is not against bitcoin and are good with it but in cases if my government will make the use of it as illegal then it will be very hard for me to use it but if I will need it in extreme cases then I will try to use those means of its use which will not show my identity like I will use anonym places to use bitcoin and will not register on those wallets and exchanges where I will have to provide my identity.
Well, that's a good news but that decision is not permanent, if they see that there's a rampant illegal transaction involving the use of bitcoin, they might make necessary measures to strengthen the law or possibly ban bitcoin. I don't know, I am just saying all the possibilities. |
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Sorry for the small delay! We will post the updates spreadsheet later today.
well, thats good news. let's see what we will get now... tough job though, a lot of participants to check...  Hey there op, any updates about the campaign spreadsheet? i am anxious to see some numbers...  I got an update today from the manager, that it's taking a lot longer than previously expected. Due to the spamming claims he has to spend extra time investigating, and there are 150 participants. I'll inform you guys as soon as I know more! Ok, even if we need more time to know, its good that we have some news.  We expect to hear you and the campaign manager again soon. Btw i am sure that you mean 250 participants and not 150... If its only 150participants will get paid it means there's too many spammers will be disqualified. Bad news for them. It's definitely a typo error dude, he said the postings are still under investigation so they did not come up yet who are spamming, and if that's the managers decision it's hard to appeal on that unless you have your basis that you are not doing such. |
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2-5 is my vote, that is reasonable. Even we are around 1 % now, in next four year bitcoin popularization can explode. That can happen with so difficult situation around the world people will try to find better solution and that is bitcoin, kids are smarter then ever before they can push bitcoin a lot in the future, I have faith in them.
The adoption is increase so probably it will increase, for me it's still 1% as we have not witness a massive adoption yet and even the price of bitcoin cannot be the basis that we are increasing in huge number. |
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