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81  Economy / Economics / Re: Factors that affects the value of bitcoin... on: August 15, 2018, 10:11:48 AM
Hey guys,  i need some suggestions and opinions about this.
The factors that affect the price of bitcoin is the consumer itself. They try to sell their bitcoin in lower price that's why the value of bitcoin is going down. It is all about the supply and demand of a specific consumer.
That is one minor factor among so many factors. The basic factors that affect the price of Bitcoin is the government intervention that affect the demand for Bitcoin in a given country like south Asian and the Middle Eastern countries. This fall in the demand for Bitcoin leads to a drop in the overall price level. Besides, the Whales also intervene and make the market chaotic by reducing the price which often leads to the panic selling which further lowers the prices.
82  Economy / Trading Discussion / Re: Be calm when the market falls on: August 14, 2018, 11:44:21 AM
Virtual money investment has never been stable in the past there has been a lot of downturns like this. Even more pathetic but then also recovered and set a new peak but will need time . Therefore, once you stick to this market, you need to determine long-term investment, maintain the psychological, then will also recover and increase again. When the market price plummeted i very But it's important to be able to win or lose in the money market and it's important to have a proper strategy when it comes down to price.
Absolutely and right, we can not sell right now that will give us loss and nothing more but we should not forget for what we are here. Panic selling is not a solutions for your stress, the only solutions is that of more investments and more number of participants when increases then the price will increase. Market like this can go out of such situations only if we increase the number of investments and to reduce the panic selling.

83  Economy / Trading Discussion / Re: Important trading psychology lessons that you should take note of on: August 14, 2018, 11:14:03 AM
In my opinion, the most important psychological treat of a good trader is to remain calm no matter what happens on the chart.  Easier to say than to do, especially if the movement is in the wrong direction from what you expect. It takes having nerves like steel to be a good trader.

Even though the professional trader are feel worried when the market is in the red zone but of course they know how to control their emotions and they know what they should do, sit and relax everything is gonna be okay.
Yes that is true but I think that professional traders always enjoy the market, either it is dumping or pumping, they in fact know how to deal the market in different situation. I think that the only reason for that is that they have good experience in crypto which really made them more confident to trade cryptos in a better way.
There are some hidden rules and regulations that must be unveiled so that you can be efficient in taking profit from your investment. One of this list is being professional and don’t let downfall be a negative tenure for you. There are good times and then bad times too. But this bad time have concealed so huge profit trends. Don’t be panic and buy coins at such cheap prices.
84  Economy / Gambling discussion / Re: What is better in poker: bluffing or playing only with good cards? on: August 13, 2018, 09:35:22 AM
Being able to bluff with a bad hand is the riskiest way to play. The only way that you're gonna win is by making everyone else fold. You have to make them believe that you have a really good hand and that you're going to win. Sometimes a good bluffer can make someone with a good card just fold. For example, if you can easily make a flash from the cards that are already out. Let's say there's three cards of hearts out, you betting big all of a sudden will make your opponent assume that you have a pair of hearts and that you have a flush. Another way that you can win with a bluff with a bad hand is when the other person who played you until the end also has a bad hand, and it's worse than yours.

I think it's important to bluff sometimes so they will not think that you only raise during times that you have a combination. You have to make them scared of you when you are bluffing, and you have to make it look like you're scared of them (look like you have a bad card) when you have a good card so they will keep on raising. Thus, having the most pot, winning the most.
Bluffing is critical if we want to be a successful poker player but there are two different philosophies, those that play a very solid game only bluff once in a while and people believe their bluffs precisely because they are solid players so when they bluff they imagine they have a very good hand.

But there is another way, there are many that bluff a lot and while this means their bluffs will be called more often at the same time this means that other players will call on them when they are not bluffing! So they can extract a lot more money from other players when they have good hands since no one believes them they have a good hand, I have seen players like this first hand and they get great profits with a winning hand.
Neither bluffing nor playing only with good cards, these entities are related to gambling somehow and you all must know gambling is fatal for your finances. Do you want to be living a loosely held life? Where your family is against you and they get separated from you? Do you really want to stay on roads in extreme cold and heat? Then don’t spoil your good days in gambling.
85  Economy / Gambling discussion / Re: Does hard work in gambling count? on: August 13, 2018, 08:36:11 AM
Bill Gates says he hires lazy people because they will always find the best way to do the least work and so find the most efficient process.  Compare that to this question and maybe the hard work is in not doing the simplest thing which is to bet always but to resist temptation and save yourself the loss sometimes.  The hard work is in when knowing to do less ?  Cheesy
But gambling does not require hard work because I have seen some gamblers spending long hours in innovating new strategies but they never found a method to crack profits, yes all their hard works ended in vain.

And I've seen a lot who actually cracked it.
Well if there are, they all are appreciated for what efforts they have made here in this world of gambling. I often say there are exceptions everywhere but still we never had learnt about any single person who have spent his whole life in this world of gambling and his end is amazing. No, they are living miserable lives right now. They are now advising everyone to get away from this.
86  Economy / Economics / Re: hackers becoming smarter than exchanges? on: August 10, 2018, 06:41:00 AM
I don't think so. there may be a small number of "bugs" in the exchange systems which allows or make it easy for hackers to hack exchange site. if hackers become smarter, I can imagine there will be many cases of big exchange hacked in every day.
Whatever we made, there are always some loopholes remaining and these vulnerabilities are delicious to hackers. They sometimes use this little point and check whether our data can be compromised or not and results are mostly in their favor. Experts have devised some best practices that must be followed for a classical safety. Otherwise we would be complaining like everyone else.
87  Economy / Economics / Re: Is the government really scary? on: August 10, 2018, 05:55:32 AM
GOVERNMENT ONLY TAKE DECISION AND I THINK IN FUTURE IT WILL BE WITH CRYPTOCURRENCY. 

FoR MORE ViSiT Crypto Bulls Exchange https://www.cryptobulls.exchange/
Well I think this wouldn’t be going to possible. Many countries right now are opposing bitcoin. They have officially banned it to be used or manuplated in any way. Like in our country too, People couldn’t use it for payment methods or trading or investing. We are only allowed to make money through campaigns because it doesn’t let us violating the rule. They will take much time to legalize it.
88  Economy / Trading Discussion / Re: The best time to take profit in Trading on: August 09, 2018, 10:33:13 AM
The best time to take profit is when the price of your coin has reached your targer exit price. If you have decided on the worth and value of the coin you are trading, don't be deterred stick to your plan and make your investment a success!
One of the most common practice which is being followed by most of the traders is that they buy most of the coins at time when the market drops down and after that, they keep on waiting for the time when the market will rise higher. They only sell at time when they are having their desired amount of profit and during whole period, they keep a strong control over their nerves.
89  Economy / Trading Discussion / Re: Right time to buy a lot of bitcoin. on: August 09, 2018, 09:46:10 AM
Yes with the current movement of bitcoin which often experiences a decline traders must be utilized as well as possible because those who are able to be patient in holding assets in a relatively long duration are likely to create success in the future.
There is no such right time for either buying or selling of the bitcoin or any other crypto coin and that it is you who has to take the decision after taking all the possible aspects in account. Buying more number of bitcoins at time when the market value of bitcoin is dropping down gives you an opportunity to buy more bitcoins and that will also help you in having more profit.
90  Economy / Gambling discussion / Re: Sometimes enough is enough on: August 08, 2018, 12:04:49 PM
If I have accomplish my winning goal, it is enough for me. Don't need to risk anymore, if you have given a luck to win then it is enough, don't be a greedy it will make you lose all your money
That is great if you have won such amazingly and now you consider it important to make a full stop at some point. But believe me if you counter this law and implement it in other sensible ways of earning, you could even do better. Your life can be saved, and you may be living such drastic life. Why to be still on line that can define you win or loss at single movement.
91  Economy / Gambling discussion / Re: How much have you won/lost on bitcoin gambling ? on: August 08, 2018, 11:35:42 AM
I already forgot how much money I lost on bitcoin gambling. But I know I have won a lot than losing, I'm lucky in sports betting because that is my favourite one to bet my bitcoins, casino games need full luck to win.
It’s your idea and perception that you have got much more than what you have lost. But you know what reality is. You are being so selfish and greedy now. You aren’t taking this on serious note. Apparently, what you have won isn’t that interesting and helpful than all what you have lost. So better to research about what is really win and what is a real loss, decide then.
92  Economy / Economics / Re: When will people feel comfortable using BTC ? on: August 07, 2018, 09:18:33 AM
People will feel comfortable using bitcoin only when the blockchain ecosystem efficiency is improved on.
Like the scalability issues ...which will support the mass adoption of bitcoin.
People are in misunderstanding with the cryptocurrencies as they think that it is very easy and then they bring all their wealth here and when they lose their money easily then they describe the crypto investment as a bad investment source which is the result of their faults.

Get out of these perceptions and think sharply about it as we have seen the progress of people which made them billionaires so we should focus where the benefit is.
93  Economy / Economics / Re: Why spend time in bitcoins? on: August 07, 2018, 08:25:03 AM
We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
Real life currencies can be spent on goods and services traded for other currencies and acquired as a payment of work. Slowly but steadily cryptocurrencies particularly bitcoin appear to be acquiring these properties,
Spending time in the Bitcoin is more than anything when you find yourself in the crypto market then there is no best person than you only if you are present in the real meanings and if not then you are on a wrong place. It means that when you have proper knowledge about the Bitcoin and other cryptocurrencies then you will get success here otherwise you will loss here if you have not enough knowledge.
94  Economy / Economics / Re: What would happen to banks? on: August 06, 2018, 10:02:50 AM
Actually banks at bitcoin use difficult. but now bitcoin is a much big cryptocurrency. and now it uses many banks development official works.
It is too hard to say anything regarding the future of the banking system for now as there are so many people who have already started withdrawing their money from the banks as they are now interested in investing their money into different crypto coins. The future of the banks will be in serious trouble the moment the governments will declare these crypto coins as legal currencies.
95  Economy / Trading Discussion / Re: When is the moment it smells like a scam on: August 03, 2018, 11:24:59 AM
When you have to send your funds and they are held in escrow. That's how most of ponzischemes work.
Hahaha yeah this is right. It is so awful scenario when you are undergoing such confused scenarios. You researched about this thing and when you implement it, there comes so many issues that must not be there to stop your work. But people are often considering such scenarios as scam. Keep your trust in such things because you have once approved them as legit.
96  Economy / Speculation / Re: How low will this bear trend go? on: August 03, 2018, 10:54:49 AM
It will last until the last 3 months arrive. I know that the months that ends with 'ber are very generous. It is the start of giving and people also start spending their money like they don't even care. But we still don't know and we can only do is to become very hopeful.
Listen, if you have ever checked out the price these days then it would be great but it seems like you do not know about the current price. it has reached to 8246.36 US dollar which is a recovered price from 5.8k dollar figure has a lot of importance at this stage. If you perceive it that the bear market is likely ending and we are going towards better positions so do not just hope but take the advantage of this market.
The market value of bitcoin and some other crypto coins has already started recovering and that now the market value of bitcoin has crossed the barrier of 8k $ and that too after a long time. Things have already started getting better and that we can really hope that these market values of the coins will get even better in future.
97  Economy / Economics / Re: Why all people moan about the price of bitcoin? on: August 03, 2018, 10:25:12 AM
The reason is that some people believe that Bitcoin is some magical asset which can only go up. So they won't be much surprised if Bitcoin gives 20x returns (like we had in 2017), but when the prices crash by 50% the panicking will set in.
The simple reason is that everyone thinks it's going like 2017. They think it's like the same market trend but fundamentally the market is not a pre-programmed machine. It is created by the whole market, the elements that make up the market manipulation will lead to slow or never rise prices. Human psychology is uncomfortable and few people can calm down by psychology like a gambler.
well, it's probably because they invested in a high price that makes a lot of them spend on the current prices that bitcoin has. but, to date, many are waiting for prices to rise again, even if it's a complaint.
The only thing which all the investors wish for especially the ones which have invested their money into different crypto currencies is some significant increase in the market value of the coins which they are holding as more market value will then result in more money for them. Other than that, the increase in the demand rate is also a reason which is helping the investors to believe that the market value will rise higher.
98  Economy / Trading Discussion / Re: Follows these rules to be a successful trader on: August 02, 2018, 11:27:51 AM
Thank you anyway for sharing those rules, but to be a successful Trader you need to have an experience, it's not matter how many rules you are knowing and following it is positive but it's not the main thing.
You can’t assign it as factor for being good trader to be an experience person. How a person who is new into this world of trading can become good trader. Definitely he has to involve himself in different tasks and activities and then he start making his tenure filled with different stories. But a newbie can become good trader if he start to know in fresh days how to make good trading.
99  Economy / Trading Discussion / Re: start trading on: August 02, 2018, 10:56:54 AM
I think both bittrex or binance are good. I used both but in my opinion I prefer binace more because it is very easy to use and suitable for trade newbies.
I never used this Bittrex but I do know this is amazing for everyone. Reviews tell us big story about the real thing. They said, this is quite impressive for those who are newbies. When someone gets in this world for the first time, he is quite confused and sensitive about what would happen and what are best legit exchanges. So here we are presenting best exchange for you.
100  Economy / Marketplace / Re: Trading, ICO, Lending, Bounty. Which one should I do ? on: August 02, 2018, 10:27:21 AM
I suggest do a bounty to different project, and buy some for  a trusted Ico Project.For this you will earn enough profit for a low cost Cheesy and if you want to join to ICO Don't spend if you cant afford to lose
Making a choice in between any of the options greatly depends on your own skills and your financial status. You have to be sure that you are only going for investing in ICO once you have enough of the money in your pocket and that you have information regarding all the ICO projects. Other than that, participating in any of the signature or bounty campaign can help you in making some good earning.
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