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781  Economy / Trading Discussion / Re: Trading is unpredictable job. on: January 22, 2017, 05:57:48 PM
Bitcoins trade totally unexpected because in the course of the trading result will not be the same as yesterday and probably also for today, if you want to trade you need to know that a safe currency and make a profit .
Just imagine what will happen if the market movements are same for every day ? Then there will be no industry in the name of trading.

We are having an opportunity in the name of trading just because of it is highly unpredictable, if we are having skill, we will be able to predict and we will be able to make profits.

It is an unpredictable still profitable if we have skills to predict.
Yes trading is an unpredictable only for the people who are not having the required skills for trading.

We should not blame the unpredictable nature of trading. Unpredictability is the actual job, we need to overcome to make profit in trading. It will not be fair to ask a job which has no challenge within it  Grin
782  Economy / Trading Discussion / Re: Market Panic can drive BTC prices Lower on: January 22, 2017, 03:23:18 PM
I have made most of my money on the fear of others. It really is my main strategy. Buy when there is "blood in the streets", sell when everyone is celebrating a rally.  Wink

http://www.investopedia.com/articles/financial-theory/08/contrarian-investing.asp

 Buy when there is "blood in the streets", sell when everyone is celebrating a rally.  What do you mean by this quote? sorry if I don't understand, for me its so deep. Maybe only a little bit of it I got the point, but not so sure. Can you briefly specify on this, if is it okay with you.
These are all about "possible U turn" in trading sentiment.
At the end of every heavy sell off, prices will bounce back. Similarly when traders start celebrating their profits they will start profit booking, it means prices start falling down.

This is one of basic trading strategy which will work on extreme market conditions.
783  Economy / Economics / Re: If Bitcoin had a stable price, would it still be as popular? on: January 22, 2017, 02:16:45 PM
Bitcoin  would still popular even though it has stable price if its stability will just take for about 2-3 weeks. Its price would not stable for a year since it is always depends on the situation and users, meaning on the demand and supply that would dictate its price.
It's not the stable price that is what people is looking, they want to see the continues progress of bitcoin and with that, they are confident of using bitcoin. The price might or may not be stable, it depends on who people would accept bitcoin in the future. Anyway, I have to say that the current price movement is best for me.
Continuous price appreciation will not possible for any commodity and hence expecting so might lead to disappointments too. Still, I too agree if bitcoin is not having price appreciations characteristics then we could not imagine this much big popularity for it. Bitcoin may gain popularity by showing its advantages but that may need more times than what it needs now.
784  Economy / Economics / Re: Difference of Trading and Investing? on: January 22, 2017, 08:00:38 AM
Trading is a bet on short-term profits. If you are on the right side of the trade, you can make money whether the market moves up or down,
Investing is when you are long-term bullish on an asset.
Yes, time factor explain the major difference between trading and investing. We need to choose proper assets to trade or invest.

Some assets are good for only trading not suitable for investing. Fortunately bitcoin bring both trading and investing opportunity under one roof.

If we start trading with bitcoin and not finding profitable factors then we can easily switch into investing to ensure our profits.
785  Economy / Economics / Re: Holdings of gold vs Holdings of btc on: January 21, 2017, 08:41:55 PM
The number of gold holders is obviously higher than the number of bitcoin holders. There are 2,5 millions of people who use bitcoin, but not everyone keep their money in this crypto currency, many people just make bitcoins and cash it out to cover their costs. So let's say that there is just 1 million of people who invest in bitcoin with expectations and many millions of people who keep their extra money in gold, cause of it's more stable.

Where did you come up with that 2.5 million figure? Do you have any proof to back that up. I think its much lower. Maybe around 1 million bitcoin holders or less.
You got any proof for your claiming of 1 million bitcoin adopters ? I'm sure you also will not be having anything to back up your self.

Obviously there would be more adopters for gold than bitcoin adopters still we must consider the age of bitcoin against gold. Gold is known and being used for centuries whereas bitcoin is just eight years old.

I prefer holding only bitcoins as per the demand of digital life.
786  Economy / Gambling discussion / Re: Did gambling get you into Bitcoin or did Bitcoin get you into gambling? on: January 21, 2017, 07:54:25 PM
I was into gambling before bitcoin was introduced. At the same time I am not into gambling just because of I'm having bitcoins. Honestly I have limited my gambling activities just because of I'm having some big earning opportunities through bitcoin payments.

Gambling and bitcoin system are completely two different extremes for myself. I'm not mixing up one into another because of easy availability of them. I value bitcoins so I will not spend them lavishly in gambling.
787  Economy / Gambling discussion / Re: I never made any profits in dice game.. whats is your opinion on: January 21, 2017, 12:42:08 PM
If we keep on trying and if we are playing only for fun, sometimes our luck will work this way too.
You mean accidental luck ? I guess for that you never need to try, it will happen on its own. Luck is always only happening accidentally. So winning in dice gambling is also similar to that.

But I like the point, if we keep on playing for fun sometimes you may get profits. I too guess will be happening to everybody already.
788  Economy / Gambling discussion / Re: the easiest way to make a profit from gambling? on: January 20, 2017, 09:20:49 PM
- I think there is no any possible way make a profit from gambling
- Many people use strategies or analyze, but everything is vain
- There are many things to make money, gambling is not the job can make money
True. Still people are believing gambling would be the easiest way for making money. Only after big losses, they are coming out of this belief. The humilating fact will be every gambler will be realizing this fact by paying very big price for that. We ignore to learn from other experience and and buying our own lesson by paying it excessively.
789  Economy / Gambling discussion / Re: Dice Game , Work the longest without loss ? With which strategy ? on: January 20, 2017, 07:03:49 PM
It will take time to figure out, but i think, luck will stop the strategy tho.

There's a strategy i use in almost 1 year ago

x1.8 or x1.9
51.x% win rate
Increase by 220% when lose.
Switch(Big/Small) when Lose

It is able to run for almost 2-3 days and it crashed.

The next moment i run, when i just woke up, lost 14- 15 streak at 51%

Nothing new with any martingale modification strategy everyone would know that it's useles won't work. The only thing can change the outcome are your own luck , since there is no way ton find out when and where is your luck would come to you , so just make a random bet in dice , don't get yourself in complicated things.
Yes, people are just wasting their time and energy in finding out new dice gambling strategies.
Only by time and after facing so many losses with their every new strategy, they will come to know about how smart their house edge would be.

If luck is the only deciding factor for profit making in gambling, then I just wonder how gambling houses is always so lucky.
790  Economy / Gambling discussion / Re: Is Sports Betting for You? on: January 18, 2017, 11:15:49 AM
I'm warning you that don't fall for it, because you might get addicted into it when you will graduate and get a decent job.
Luckily sports betting is not that much addictive, because one gambler will be an expert and will able to bet on one not two sports, but there will be no guarantee those games will be happening everyday to feed his addictions.

So, I guess it will be very rare to get addicted toward sports betting still easy money making methods are always addictive, being careful will not harm.
791  Economy / Gambling discussion / Re: do you use analysis when play gambling? on: January 18, 2017, 10:33:21 AM
Analyze only give you more confidence
In sports betting and in poker, we can dependent on an analysis. It will definitely give more confidence for profit making.

Dice gambling also seems to have the analyses part, but it is highly influenced by luck factor so analyseis will not determine our chances of profits.

Like you said, if we have analysis, we will be more confident yet it will not help for profits in gambling especially.
792  Economy / Gambling discussion / Re: 0.05 btc to 0.52btc on: January 18, 2017, 08:01:26 AM
Went from 0.05 to 0.2 to 0.14 and cashed out, went to Primedice.
I like to have your strategies that you have followed and screenshots is possible, just to copy that.

One strategy I have observed : not keep on playing in one single gambling site hence it must be some random strategy. I just remember, through random playing I was once able to make 0.001 bitcoin from 1000 satoshi (or 5000, not exactly remembering) , but surely only from faucet earning.
793  Economy / Gambling discussion / Re: 50 Dollars a Day! on: January 18, 2017, 07:12:27 AM
Hello,
If you wanted to make 50 Dollars a day what betting strategy would you take?

I would go on sports betting theres a 90% chance you can win. Dice games are also a good gambling best strategy is just don't be greedy and cash out as you can. Gambling is always risky
Are you sure about your data? It's insane to say 90% chances you have in winning when most of us are still losers, where's the connection there?
In sports betting, you have to pay for the juice which is 10% normally per losing bet but in dice you just have to pay 1%, there's a big difference if you look at the percentage. I believe sports betting is more popular and has a little edge in terms of winning chances compared to dice but 90% is unbelievable.
One day or other we may get chances to win $50 on a single day, but how we could be sure about all the times. Gambling is not like altcoin trading, with some insight people's information we could be sure about winning all the times.

But with select games and select matches, you may get chances to crack $50 in one day itself. We never will be able to expect consistency.
794  Economy / Economics / Re: Difference of Trading and Investing? on: January 17, 2017, 08:00:11 PM
investing is the purchase of an "item" or "commodity" for the long term rise in value.  trading is short term and involved a more structured quest for quicker changes in value, or at least it should
In other words when a trading lasts for long haul it turns as an investment.
Trading and investing are similar things when are not considering the time constrain, but based on risk levels we can differentiate them but for that we again will be in need of time. With long time requirement, investments are less riskier compared to trading.
795  Economy / Economics / Re: Tell me a secret: any way to earn 0.1 BTC per week? on: January 17, 2017, 07:15:25 PM
Please don't tell me methods like clicking ads, watching videos etc.
Do not expect others to share their secrets for your earning opportunities. Most probably no one will be sharing their most benefiting ideas.

A possible solution would be you must find your feasible methods according to your skill set. Just innovate ideas and execute. Earning 0.1 bitcoins weekly is possible, I am making it through trading.
796  Economy / Trading Discussion / Re: What do you do when BTC shoots up? on: January 17, 2017, 03:55:41 PM
Since I do not have enough bitcoin to hold on or make some of it I guess I can only post is my plan if ever.

So for me, if the Bitcoin shoots up, I prefer to sell the half of it and the half is I will hold it and wait for another big halving so a big profit in my part. Because for sure sooner or later the value of it will increase again like what we have this past few years and to the point of this New Year.

Yeah that's right i'm of that as well. Although for me, im keeping all my btcs for ge moment until for the first quarter of this year as some forecasts are actually very inviting. Then i'll sell and hopefully the price would regain it's pace as when the year started. If not then i'll hold on to my btcs for a while longer
I actually don’t agree with you, holding your bitcoin won’t be good enough and won’t get you anything if you want to make profit you have to use your bitcoin and invest it and then when the price goes up sell it and wait for it to for down again so you can buy more, that is what most people did when it gone up to $1100 and now they have almost double the bitcoins.
797  Economy / Trading Discussion / Re: I'd like to get some bitcoins. Is now a good time to do so? on: January 17, 2017, 02:23:20 PM
Definitely, it is the best time to invest. Bitcoin has fallen from $1150 to $850. Chinese have sold out huge volumes of bitcoins in panic due to actions taken by PBOC.Even then, bitcoin has not fallen like 2013 because now more people know the worth of bitcoin.Surely, bitcoin price is going to increase and so dont miss this opportunity.
The best time to buy bitcoin would be now since the price has fallen down a bit and stabilized around $830, many people have taken the opportunity when the price went up to $1100+ and sold their bitcoin and now they have double the amount of bitcoin, and we have to wait for the price to go up again so we can make some profit as well.
798  Economy / Trading Discussion / Re: Trading Newbie on: January 17, 2017, 01:31:02 PM
Hey all.  So i want to start trading, but i have almost no idea what to do. So i would love if someone would disscus that with me and eberyone else Smiley

So, to start trading, i need site for that. I would want to do altcoins/bitcoins trading, i used to know one site but can't find it anymore...

And then, any tips here for me and other newbies? Buy cheap sell expensive is not tip i search for Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool

Before you start trading you need a lot of understanding of the market which was nice, and then be smart to find a gap in its order to minimize the losses that will occur.
It is true that the trading needs knowledge but to acquire that knowledge you have to try and look for guides inline to help you get started and there are a lot of sites out there that allow you to trade with fake money to help you learn trading without having to pay anything, and if you want to start by investing a small amount and then increase the amount when you feel like you are ready.
799  Economy / Trading Discussion / Re: You only lose if... on: January 17, 2017, 08:11:49 AM
Not all the time, it depends on the situation. You sell when there's a need to sell and you must dump when there's no sense of still holding it. We need to educate ourselves so whatever we do will have a relevant basis, reading accurate news will make us do the right decision.
Identifying the relevant situation is more important for a perfect trading decisions, yet we never need to get panic for bitcoin trading as every traders there will be getting second chances always.
Selling some Bitcoins for our needs is inevitable whereas dumping is not at all necessary as long as we will be having hope on bitcoin ecosystem.
800  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: January 17, 2017, 07:37:50 AM
The fear of losing is normal but you will not be comfortable when you are taking risk when you cannot afford the amount you use.
Not just in gambling, in trading too we must use only the affordable capitals. When we are not bothering about our capital then the fear of losses will be very less so we can fully concentrate on our technical analysis to get better results from trading.

Most of us are traders here and we understand that not all time we can predict the right price movement, but with continues study we will surely improve.
Continuous learning is very important for trading. When we are getting stronger with our analysis, we will be less bothering about fear of losses. When we are consistent with our predictions, the fear of loss will get fade away over time.
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