A lot of people wonder what is the criteria of a good gambler, here are some of my thought about good gambler

a good gambler never chase profit
Profit might be the first reason why people gamble, but a good gambler never attached to the profit, the most important thing in gambling is excitement and fun experience, having profit is just the bonus

a good gambler able to control himself / herself
Self controlling is very important in gambling, without a clear mind there will be a lot of mistakes in betting and even causing reckless betting and losing all of the money in split second

a good gambler know when to stop
Setting a limit is very important in gambling, setting a lost limit will prevent you to over spend your money and setting a win limit is  also important because in the long run the house got a bigger chance to win due to the house edge

a good gambler never cause any problem to the surrounding
A good gambler know that the chances of losing money in gambling is huge, so a gambler should never used daily needs money or borrowing money to gamble, and a gambler should never think of robbery or stealing to gamble

a good gambler can accept lost
When losing a good gambler won't blame the surrounding, cursing or accusing the  casino as fraud places, losing is the half part of gambling, if you can't accept lost then dont start to gamble

a good gambler should able to manage the time
A good gambler know how to split the time for family, for friends and for gambling, a good gambler never neglected family or friend just because of gambling

We must encourage people to become a good gambler, so people won't always have a bad judgement about gambler

Hi friends I have regret that i entered into trading too late if my head had known this trading field before only i could have started early only , and now i would be making profits by now , but now i am learning still because i started too late

Now i see many people start trading at very less age only if i see them i regret that why at that age i didn't start trading   

Do you have regret like this ?

We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.

The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.

Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.

Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.

Do you agree? Let's discuss this and see if we can target the correct demographic with this technology. 

The cryptocurrency markets are set to end the second week of May on a low note.

The total market capitalization for all cryptocurrencies fell below $400 billion for the first time since April 26 on Friday, and has dropped 15.97 percent week-on-week. As of writing, the combined market value stands at $385 billion and could see a further decline as indicated by a head-and-shoulders breakdown pattern on the price charts.

Looking at notable individual cryptocurrencies, bitcoin (BTC) has depreciated by 12 percent week-on-week and has outperformed its closer rivals. For instance, ethereum (ETH) and EOS have dropped 15 percent each and Ripple (XRP) has declined by 34 percent.

Bitcoin's dominance rate, which represents its percentage of the total market capitalization, moved above 38 percent for the first time since late April. This likely indicates that money is possibly being rotated back into bitcoin from alternative cryptocurrencies, so BTC's relatively good performance this week is not surprising.

Names like NEM (XEM), stellar (XLM) and cardano (ADA) are ranked higher on the list of biggest losers among the top 25 cryptocurrencies by market capitalization.

The only gainers this week are two lesser-known cryptocurrencies: bytecoin (BCN) and zilliqa (ZIL).
Top weekly gainers
Bytecoin

Weekly performance: +32.70 percent
All-time high: $0.0186
Closing price on May 4: $0.006733
Current market price: $0.010005
Rank as per market capitalization: 17

Bytecoin (BCN) picked up a bid on Tuesday and rose to a fresh record high of $0.01862, according to CoinMarketCap, seemingly due to cryptocurrency exchange Binance's decision to list the cryptocurrency.

As of writing, BCN is changing hands at $0.010 - down 46 percent from record highs, but still reporting a 35 percent week-on-week rise.
Daily chart

The pullback from the record highs has neutralized the immediate bullish outlook. That said, the ascending (bullish) 5-day and 10-day moving averages (MAs) indicate the bulls are still in the game. Only a daily close (as per UTC) below $0.006 (May 8 low) would signal a bullish-to-bearish trend change.
Zilliqa

Weekly performance: +13.84 percent
All-time high: $0.2306
Closing price on May 4: $0.132311
Current market price: $0.153565
Rank as per market capitalization: 23

Zilliqa (ZIL) is the latest entrant in the list of cryptocurrencies with a market capitalization of more than $1 billion. The cryptocurrency clocked a record high of $0.2306 on May 10, according to CoinMarketCap. Its BTC-denominated exchange rate rose to a life-time high of $0.00002508 BTC yesterday and was last seen at 0.00001847 BTC on Binance.
Daily chart

Currently, the downside is being capped by the ascending (bullish) 5-day MA. The 10-day MA is also biased bullish.

However, the relative strength index (RSI) is turning lower from the overbought zone, so prices might find acceptance below the 10-day MA (currently seen in 0.000016) next week and signal bullish invalidation.
Biggest weekly losers
NEM

Weekly performance: -40.42 percent
All-time high: $2.09
Closing price on May 4: $0.431269
Current market price: $0.307124
Rank as per market capitalization: 14

NEM (XEM) fell sharply this week and is currently trading below the 50-day MA located at $0.3241, according to Poloniex.

The news flow during the week has been somewhat positive, though. For instance, Abra, the global app that allows you to buy, store, and invest in 25 cryptocurrencies, has added XEM to its platform. Further, NEM's appearance at CoinDesk's Consensus blockchain conference in New York from May 14-16 is being touted as its biggest event and has generated investor interest.

However, all that has failed to put a bid under XEM prices. It appears as though the technical failure around the $0.45 mark seems to have enticed the bears.
Daily chart

The rounding top pattern, the 5-day and 10-day MA bearish crossover and a break below the 50-day MA, as seen in the chart above, suggest scope for a further drop towards to $0.22-$0.19. The RSI is also biased to the bears and is well above the oversold territory (above 30.00), backing up the likelihood of a drop in XEM prices.
Stellar

Weekly performance: -40.22 percent
All-time high: $0.9381
Closing price on May 4: $0.43114
Current market price: $0.374065
Rank as per market capitalization: 8

Stellar (XLM) has taken a beating this week, having created multiple doji candles signaling bull exhaustion in the daily chart last week. As of writing, XLM is looking weak, courtesy of a convincing break below the key support of $0.32 and the 5-day and 10-day MA crossover. The daily RSI is also trending south, indicating a bearish setup.

So, the cryptocurrency looks set to clear the 200-day MA support, currently seen at $0.29. A close below the long-term average would expose support lined up at $0.258 (Feb. 6 low). Only a daily close (as per UTC) above $0.32 (April 25 low) would abort the bearish view.
Cardano

Weekly performance: -40.02 percent
All-time high: $1.33
Closing price on May 4: $0.360182
Current market price: $0.257219
Rank as per market capitalization: 7

Cardano (ADA) is moving more mainstream via a new partnership with Metaps Plus, one of the largest payment platforms in South Korea.

However, so far the good news has not been able to put a floor under ADA prices. ADA/USD fell to $0.2475 today - the lowest level since April 18 - and could extend losses further, courtesy of the bearish setup as seen in the chart below.
Daily chart

ADA seems to have found acceptance below the 100-day MA and the bearish bias would strengthen further if it closes (as per UTC) below $0.255 (April 25 low). The RSI is trending south and still well short of the oversold territory (hold above 30.00).

So, there is room for a further drop towards $0.18 (March 9 low). Only a daily close above the 10-day MA (seen today at $0.332) would abort the bearish view.

Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?

Establishment commentators tend to blame every financial crisis on the "bad luck" of a whole host of factors coming together to create a "perfect storm."  What they "forget" is that the incentives of the modern system always drive the elites themselves to destabilize their own system.  Not sometimes.  Not most of the time.  Always.

They will say that the 2007-8 crisis was a combination of the US banking deregulation of the 90s, the US political agenda of moving poor people into home ownership, the poor financial oversight by the George W. Bush administration, the 'global savings glut,' the existence of a shadow banking system in the US, the loose monetary policy in the aftermath of the dot com bust, etc. etc.  All true.  What they forget to mention is that, if it were not these factors, there would be others (stock buybacks anyone?)  If it hadn't happened in 2007-8, it would have been later.

Only looking at the top of the world system, ie Britain in the 19th century and the US later, we can see that:

- There was a financial crisis in Britain roughly every 10 years from 1810 to the 1860s.

- The British Empire bought itself a couple decades by making gold the only money, and not silver.  (Thereby making itself rich at the expense of silver countries -- not unlike what the US might be doing with crypto-currencies today.)  But in 1890 a financial crisis in London made it necessary for the Bank of England to be bailed out by gold from other central banks, the first time in history.

- Soon after world-leader status was moved to the US, in 1929-31, the Great Depression started with a series of financial crises.

- Though the bloodshed of World War II bought a few decades of stability under the US, it was forced to renounce its promise to allow foreign governments to redeem every $35 for an ounce of gold, in 1971.

- The 1970s global crisis of confidence in the dollar forced the US to pay 20% interest on 30-year Treasuries by about 1980.

- The US stock market crashed in 2000.  By 2002, the NASDAQ had lost 78% of its value at the peak.

- The entire world system teetered on the brink of collapse in 2008.

Remember that, we're only talking about the top of the world system, which is the most stable, by design.  (Paper pound sterling in the 19th century and dollars in the 20th were the world's top reserve currencies of their day.  Every effort is made to make other countries fail first -- e.g. the emerging markets crisis of today helps protect the value of US money and debt.)  Further down the ladder, there were many more crises, plus conflicts and wars.

So the long view reveals the truth.  And the truth is that you can't escape the perverse incentives that make individual members of the elites want to profit or prop up the system today by storing up even more trouble for future elites.  These incentives come directly from the system's core nature of theft and deception.

If we listen to mainstream economists, the reason for recurring crises is that, for some reason, people just want to keep losing money.  They keep chasing risky assets whose high values have nothing to do with being propped up by state-bank-elites.  Right.

This system also punishes prudent people who put the most trust in its promises and its official narratives.  But we have a long-term defense: buy gold, silver, and Bitcoin!

After recent changes to the merit system, I am trying to do something useful and contribute to the forum. And this is what I collect, hopefully it will change my merit.

This is an article about that, a gambling disorder in most young people
- https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5841330/
As stated in the article, experts and analysts know the causes and issues that lead to gambling addiction, they have clearly spoken about the dangers, consequences, and effects of gambling on the nerves and health of a person then there is a series of methods to stop that. But we are still here very clearly, the number is still increasing significantly every year, it has no signs of diminishing, even rising dizziness.

And the problem here is I want to ask why that happens? All the information is complete but people still can not solve the gambling addiction problem, the analysis is useless or our greed still dominates all.

Please let me know your opinion on this issue and if you have enough power, what would you do to solve this

Oh my, the market is looking all red so bad that can see nothing but the red all over the place.
What is the reason behind this massive market crash in the middle of this month of November?
Everybody is expecting another crypto boom by the end of this year like the last, why the crash now?

I often visit https://coinmarketcap.com to check bitcoin market price. And to what like other had said that the bitcoin has made some dip. The problem with the current market on the investors will worry the investors and will do panic selling. Still, FUD's werr getting worse as they had tried to pull over their claim was true and for that they said that its better to withdraw investment now or one will regret later. This is now another problem that made me confuse. Now, I had continue checking the market price movement and checking also the chart. I had made a screenshot of the chart. See the image below:




Please let me know so that I could also made some adjustments.
It still continue to fall. What should we do now? Do you have any plans for bitcoin investment now?

Tokens Continue to Take a Hit: is SEC Preparing to Target Crypto Projects?

https://www.ccn.com/tokens-continue-to-take-a-hit-is-sec-preparing-to-target-crypto-projects/

Let's discuss!

https://bitcointalk.org/index.php?topic=5056083.0

I'm making this post because I strongly believe that the economics will backfire us sooner than we think. No I don't want the BTC go down I want it to go to mars but I strongly agree with the fact that what is happening NOW is not okay. Stocks are going down (Some will get some help from other stocks exchanges, that is the reason why the stock gets a little bit of extra points). Regarding from stocks here is my analyses.

The past month a lot has happened as I stated before stocks are going down, real estate prices go up. Mortgages interest (general interest) go up. People losing their jobs not only in the U.S but also here in the Netherlands. Hospitals are closing here. HOSPITALS people are sick today not tomorrow, how on earth can multiple hospitals go bankruptcy its crazy.

I don't feel proud but I myself have put $4k into the stocks betting it would go down. So far I have made a healthy profit, But to me it just does not seems okay.

Just look at the stocks at a yearly basis its going DOWN. I'm not here to put propaganda but I'm just telling the facts. What is the government going to do about this? Simple they blame hardworking people like you and me and say that we have to pay it back. This has been going on for over decades. We either pay directly or indirectly its a cycle and most of the masses just go along with it.

When I went to school (I dropped out due private reasons) There where teachers getting fired simply because they could not afford it.

Its happening. Diversify your investments and make profits in the future. Where BTC will stand when this happens I do not know. Maby people see it as a safe investment and it will got up when shit hits the fan or visa versa. Only time can tell. But I suggest to do your own research and not to listen to the NEWS like many do.

Connect the dots and think ahead.

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

What is bitcoin? This is the first cryptocurrency that Satoshi Nakamoto opened to the world in 2009. And if even before 2011 it was used exclusively by programmers, then later it became available to ordinary users. Over time, more and more users of the Internet began to learn about it and investments in bitcoin only increase every year. There were times when the value of this cryptocurrency did not move from a dead point for a long time, as well as there were sharp UPS and downs.
It is interesting to know how many people have known about bitcoin since 2009 and how long have you been investing in bitcoin?
What percentage of the profits is brought to you by early investments in bitcoin?

Hey guys,



I got a few questions, i'm interested in knowing what people in the crypto industry may be worried about. What fears do you have in regards to crypto?



What would you say is in the back of your mind and pops up at times, a concern you have in the industry? What is it that makes you worry at times?



In all industries and markets there's certain concerns and fears pertaining to different issues, i'm curious to know what people fear in the crypto industry? Why?



What are your pain points in the crypto world?



If the answer is the obvious, afraid it goes to $0 etc.. then tell me why? what impact would that have on you, give me a explanation of what effect that has on you and in what way it concerns you, beyond just going to $0? I'm wanting to understand what the fears and impacts on people lives are in the crypto industry, obviously losing money because it goes to $0 and you become broke is an issue, but why? Explain it a bit more to me if thats your answer.

can this world stop in gambling?
someone who like to gamble hard to escape from the gambling trap. almost like a drug addict. Even after they went bankrupt still struggling to gamble by borrowing money for gambling. Actually what do they expect?

Recently, I have been seeing a small spike in the number of posts about bitcoin prices. Most of them seem to be out of fear bitcoins end.

But I think bitcoin will survive. Here is why I think so.

First let's take a quick look at the price charts.


Now the prices for BTC is depicted for a day. Seems like BTC is falling fast right?

Now let's look at another image.


Now this is the price chart of BTC for a month. Doesn't look that great does it. I mean the prices were volatile and seem to now be falling.

Lets take a look a the last image.


In this image can you spot the fall that easily?
Not really. It does look highly volatile. But then the prices seems to be stabilizing. The spikes seem to be reducing and there seems to be consistency.
The thing is we have looked at bitcoin up close and that's why we say things like:

Bitcoin prices are falling

Bitcoin down by 20%

Is this the end for Bitcoin


But when we start looking at the bigger picture. We can see that bitcoin has come a long way and the price chart if seen up close might show a trend towards the end. But sometimes the bigger picture needs to be seen. Don't panic bitcoin still has a lot left. It will keep fighting.

If not the price chart. Think about the fact that countries like the US and India have noticed bitcoin and other cryptocurrencies and have planned to provide a verdict. I will admit that it has been delayed but the mere fact that the SEC in the US and the Supreme court in India are providing a verdict means bitcoin might just be a step closer to becoming a global currency.
At least it keeps the Hope alive.

This is just my opinion. I would really like to know about yours.
If I am wrong please prove it to me.
I am always happy to learn more.

Picture source: https://coinmarketcap.com/currencies/bitcoin/

Ethereum now down position number three coin of coinmarketcap. XRP now top two number currency. So what is your thinking about Ethereum trading? Now I am hopeless. Maximum time I trade by Etheum. So Now I am disappointed for downfall of ethereum

So Bitcoin is designed so that the value of it will increase over time as opposite to traditional money in which the value of it will go down. But won't that make it more like gold instead of actual money?
By the prices of stuff going up in traditional money, it encourages keeping the goods and trading them, for example if someone owns a house that house's value won't just go down with time, it can go through time. But if goods were to keep getting lower in prices then it can as a result discourage buying them and trading. Which makes Bitcoin unusable as money. To keep your money safe of course you can store in a bank as they give you a small amount of interest.
Bitcoin has a limited supply and as time goes by and its popularity increases the prices can go higher and higher, making it less effective to be used as usual money. Imagine how would a shop keeper feel as their good will only decrease in price. And like traditional money which has banks Bitcoin doesn't offer much solution to this.
So even if bitcoin prices were to stabilize, wouldn't it be more like gold than a currency to use like traditional money? Gold is very similar in those terms to Bitcoin.

In this market, there are many people who are fear of missing out (FOMO). You always be patient. If you believe you have missed an opportunity, do not try to join if you are unsure. You can lose more than earn. Crypto is a 24/7/365 market. You can not catch every trade. If you miss one, do not worry - there's ALWAYS another trade.

Oh my, the market is looking all red so bad that can see nothing but the red all over the place.
What is the reason behind this massive market crash in the middle of this month of November?
Everybody is expecting another crypto boom by the end of this year like the last, why the crash now?