Most people says that entertainment is the only reason for them to gamble but we can't deny the fact money involved while gambling makes us to do than playing games which has no risks.So don't forget what you came for that's entertainment and spend less money and more times to get maximum adrnaline.
If we are to look at the root of it, people are getting excited with regard to the prize they could win, so the psychological effect of how much they prize could be, impacted the fund and entertainment of the gamblers when playing. So to conclude, it comes hand in hand, there's no excitement if we aren't really betting amounts of our fund. You are right. Gambling must be done in order to get some entertainment but it has been evident from many cases that such gamblers do exist who are always seeking more money. In fact I have witnessed the later form of gamblers more than the prior .We cannot specify the purpose of gambling because it varies from person to person .But it could be said that generally people focus monetary benefits more than fun. |
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New year a very happy moment for my family, entering the new year i paused, to gamble and play casino.
Casino gambling from year to year has not changed in the game, so for me casino gambling in the new year is a bit bleak for me, because I am more focused on my family.
From my experience gambling from years gone by, when the new year arrived I paused
Nice one! At least spend some quality time with your family. You can always include gambling in your free time but really hard to find quality time for family. And maybe, I don't have any superstitious beliefs or of that sort, that I will feel lucky in gambling for some specific period. Because for me, luck in gambling comes when you least expect it. It is good to hear that you have decided to quit gambling as a resolution for this New Year. There are other possibilities as well. Some people start their new year with a mindset to do more gambling in the upcoming days so that they can make over previous losses. Gambling is also a case of addiction for others who never care about the passing years. They simply can’t overcome gambling no matter what. |
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I believe that, first of all, for a successful trader you need to learn how to set priorities, because it is in the right priorities that trading performance lies, and not in reducing the number of unprofitable transactions. You should always start with the lowest possible bids and never chase big profits, because only minimal queries will have very good results.
This is again one of the most common and dreadful mistake committed by the beginner traders that they after few good trades try to make maximum and bid for big money for which they have not done proper home work which eventually put them in a loss. I strongly agree with your strategy of playing small and safe because this is actually where you are learning and making money side by side. |
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For $651~ you could of got yourself a shiny whole bitcoin on coinbase plus their $6.66 fee. I wouldnt of mind paying this fee on top regardless. Even if they were asking 10% of the purchase amount at the time which is probably more by now.  We can't continue to regret about the past, it's time to look into the future. If you can't buy 1 btc now,buy a fraction. Imagine when it get to $30,000/btc, that would make some person give up on purchasing it. Whenever you get the information about an investment, is the right time for you. Regret no more and take action now Indeed you can't just bring up the past because it will just make you feel bad for not taking that opportunity but now that you know that bitcoin is a really promising coin you should invest in it, exert time and effort in studying its movement, its price along with altcoins that will be affected by its price and also watch out for altcoins out in the market where has the same potential as bitcoin so that you will not regret not buying it once thay altcoin booms. There is no use of crying over spilled milk because you have missed the opportunity, there is no way you are going to get hands on it again. You have to create it for yourself now. There are potential altcoins that could increase in value like bitcoin in the near future. This is time to purchase them because market is so low for altcoins these days. As far as bitcoin is concerned, it is also down as compared to 2017. |
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I think you need to self-develop and self-educate in an integrated way. It will be not easy, and may take a lot of time. But I think it's the right path to the success.
There is no out in the market to totally help with you trading. Utmost people can show you the path but you have to walk alone. They can give you idea about strategies and you are the one who has to test whether they are working or not. I am also in favor of self learning for this very trading. I am not in mood of taking help from experts because that is simply wastage of time. You learn better from your own mistakes. |
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The long Term is okay I guess, but if you can, because it can only be from extra money.
And of course these people can't do that with limited resources
We all should trade for long term because it is safe and it feels good when you do nothing but only wait for your investment to increase. I like to trade for long term because in long term trading we get more chances to learn trading and it is more reliable than short term trading. Waiting gives good reward to traders but if you have good knowledge you can trade for day as well. Who said that long term is safe? There's not assurance or guarantee that holding in long term is safe, so we should not tell this to people, we should just trade and risk at our own, there's a lot of altcoins out there who are not worth holding at long term because they are just good at first year,but once they are already satisfied with their money raised, they will forget about the price. There are so many people or more accurately traders who always are of view that both short term and long term trading have their own pros and cons and you cannot simply give one complete preference over another. One thing has to be mentioned here that both trading have their own suitable or defined crypto currencies which shall be used to achieve the goals. This is a height of stupidity to use altcoins for long term trading. |
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I am glad that I am not the only one who is having so much hard time trading bitcoin, it has been getting tougher and tougher with how much lunatic moves it does all of a sudden and then for months it is not doing anything. Like not even enough movements these days to make up for the trading fee difference and withdrawal fees for example and then suddenly it makes 20%+ movements, how the hell are we suppose to make day trading if the movements are basically either no movement at all or huge sudden movements?
I need bitcoin to move 5% or at least 3% or so every single day, otherwise day trading is for nothing, looking at altcoins and they are about the same except they are also dropping a lot and not recovering so if you get caught at a wrong price you are stuck.
It might be the time to just hodl for now. I wouldn't trade for a day also. We're at 7k - 7.5k range right now in Bitcoin. Probably you could say that it is gonna be a dream come true for you once Bitcoin pushes above 7.6k as it was getting to that price just barely. I would just invest into altcoins if I wanted to though. This time is undoubtedly for simply holding onto bitcoin because it is barely increasing few hundred dollars in values over weeks. People would increase their investments into bitcoin the moment it is going to increase in values speedily. People are really ready to put their money into it but need some kind of guarantee of profits and that is only when they see its pumping side. Altcoins are not bad for small profits. |
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I don't use betting tips, I prefer to follow my own judgment and I enjoy doing it all the time. I don't plan to rely on the tips that's why I don't use it. i did couple of times but it didnt work so i stop and just go with a flow,actually i love playing in real gambling with friends or neighbors than in casino or in online betting,because i love seeing the reactions of my opponents than waiting for computer outcome.
It is natural since it is not gonna work all the time. It's better that you stop since you are just wasting your time and the opportunity to give yourself a chance to enjoy analyzing the game. Betting tips are just there to make fool and that too new gambler. New gamblers are the ones who are so full of beans for winning bets that they get trapped by the fancy stories of betting tips sites and start paying them. those who have spent sometime in this field soon starts realizing that these tips are not working great at all and the only to enjoy the game is by relying on your own guts. |
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Up until now there hasn't been any proof saying that there is a connection or correlation between market's stock and bitcoin. A solid and accurate prediction cannot be considered. But technically looking at it, cryptocurrencies are mainly used as a store of assets so bitcoin is really highly inflation resistant. If global economic crash happened, it is more likely that the stocks of the market will also crash, but since there isn't any proof of the two's correlation, bitcoin is free from the worries of the economy. So if a global recession took place, it's still tentative if people would see it as a safe haven, refugee, and a chance to avoid their money being affected by the global recession or would they see it as another risky investment because of the uncertains.
The cyptocurrency market will also definitely crashed if the global economy crashed. All of the financial market is affected so all of the investors will play safe and they will be panic that can lead to withdrawing of their money. That's why economists says that it is better to invest in assets that can give us passive income. The stock market will probably crashed so we should also stay away with it if the global economic crash happen. That is not true. All else will crash when there is a global economic crash. If you remember last 2017, the price of BTC rose up to $20k and it plummet down to $3k in less than a year all because people are taking profit. What protect us from those users who will take profit while the economic crash is taking place? Bitcoin is not safe when economic crash takes place, you will need fiat to buy food. I don't a merchant will start accepting crypto while the crash happens as well. Even if the crash happens, still bitcoin is worth holding and the prices are in thousand dollars. As far as merchants are concerned, they will tend to accept it if they are completely aware of the worth of bitcoin. Bitcoin never loses the tendency of increasing in value and that is when everybody enjoys massive income. This is quite normal for the investors of bitcoin to observe strong dumps and pumps. |
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Yes, it’s just that you entered Bitcoin at the wrong time and you had to follow the cryptocurrency market. Bitcoin has the tendency to rise and fall in price, this is his favorite difference. You need to wait for Halving and store as many bitcoins as possible.
The upcoming halving won't guarantee at all that the Bitcoin will increase the price or will have a new set of all time high, it's really depends on the market how people will still trust crypto and how new investors/users will love Bitcoin and we all have the part for the success of crypto if we will just be positive in it and will do our part too. All bitcoin holders are impatiently waiting for halving and they do wish it to occur as soon as possible. I am of view that halving will make people invest speedily into bitcoin which is simply going to result in the increase of its price ultimately pushing market to pump phase. If we all want that to happen, as you said we are supposed to keep playing our parts by supporting bitcoin either by holding onto it or buying. |
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Maybe it's asked before, still, it will help us a lot.
Why do you gamble?
Why do you do not invest that money instead?
Why you do not donate them?
Because you are bored?
Because you are looking for entertainment?
Because you are going after the big score?
Why?
I'm just looking for some extra money and to have fun. The real goal I keep on playing gambling is to hit any jackpot prize in any gambling games but I know it's hard to happen because we can't guarantee if we're going to win it or not. Gambling is fun especially when you keep on winning. Playing gambling is totally suited to the people who always get bored in their life and to those people who not afraid to risk their money. I think if you want to win a jackpot you better invest your money in lottery and you will have this opportunity also you should play gambling with care as if it gives profit so it gives lose as well so be careful and play well in knowledgeable or skillful way, enjoy and play at the same time, many people are professional gambler too so it’s all depend on the gambler. Winning jackpot in gambling is similar to searching for a needle in sand which is next to impossible task. Those who try to win jackpot are the ones who are risking huge money and even if they are close to winning it, the house is going to do every possible thing to alter results. If the house stays honest, this is never ever going to be difficult for gamblers to cash jackpot. The house shall promote the atmosphere for winning jackpot. |
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I'm thinking of moving into sportsbetting next year but using tipster service? I don't think I will. I'll just search information about the team, individual, sports i'm not familiar. It's more reliable and free. Paid or free tips, it's basically the same, they aren't as sure win as it is. Also, there are free tips out there that has good stats but I'm not gonna rely on them 100% maybe just gather some information. It feels better if you are doing things in your own and got a good result plus you've learned.
Sports betting are the most amazing type of gambling because here the gambler has to do rationale thinking without totally relying on luck. Moreover one does not need any kind of assistance here from others because it is not difficult to gather information about individual players and teams. We can easily find their past games scores on internet. I believe this is the only betting type where you have minimum risk. |
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As a gambler, I have learnt how I take myself so underestimated. I used to think that I could easily fight with myself and that I can just control myself. But when I tried to leave gambling, after few days, the temptation to gamble was so intense and then I knew that how I myself can go against myself and it's not easy to suppress oneself so easily.
You were not underestimating yourself rather you were simply overconfident about your will and power to fully control your emotions and cravings. This is amazing that you have discovered hidden things about you and self discovery is never a bad thing. This will help you in future life for making better decisions. I hope you are not suffering from any kind of addiction. Try to divert your mind towards physical games. |
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I think it will be difficult, especially if you act under pressure and strain your thoughts. Trading is a very risky job and must be patient and relaxed if you want to do this. Better use a different method, try to find a loan or something more secure. Believe me that you cannot produce it.
Taking loan is not safe at all because there are so many conditions imposed by banks or any party who is giving you loan. Moreover you are always not sure that your business plan is going to work. But if you talk about trading like long term trading, I don’t think so it is as much risky as you think it is. If you place funds in legit and profitable coins and buy or sell them on exact times, you do make money. |
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We should not be worried about the price. Price can up or down as it is the rules of crypto currency. We should wait for pump the price. Don't be panic at the time of falling price.
This is way easier said than done, if you have not invested a single dollar in this market then I agree with you it will be very easy to see the price going up and going down and not being worried about it, but if you are like many people here in this forum and you have invested a significant amount of money and time in order to acquire your bitcoin then you are going to be worried when the price goes up and goes down in a significant way because no human being alive wants to lose money. yes, of course, most people will worry if they have put a lot of money into bitcoin and see the price movements increasingly decline. This is indeed the usual behavior of many people who feel afraid to lose the money that has been invested, but do not let the falling market prices panic can come up to us, of course it can have a negative impact on the investments we make Till date users who have risked their hard earnings have succeeded out of the risk making a huge income. When one decides to go invest on cryptocurrencies should not get into temptation or invest fast. Need to take time analyzing, and when we analyse with full concentration it is an easy task to predict which is good for the moment. When one does in such a way and if luck accompanies profiting happens with ease. The higher the risks, the higher the returns and also the harder the analyzation and studying. You cannot invest on something that you do not fully understand. You need to allocate your time in researching first before you out something. People are losing money in making investment with bitcoins because they do not consider the risks. There are not any risks with bitcoin as such. One simply needs to check the time he or she can spend with bitcoin in order to gain the returns they want rather simply calling it a risk. Risks are with altcoins or new projects which often turn out to be scams. Bitcoin is a legit project which is known all over the world for producing great returns. With bitcoin, one simply needs to check time and money. |
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Blockchain technology is the mother of Bitcoin!
I don't see it as a mother but the roots of cryptocurrencies. Despite the fall of the price, the redness of the price chart, this is nothing compared to the fall of the past so I am not really afraid. This is normal so I don't think we should worry. For me, this is the time for us to buy so just think of it as a chance for those investors that want to buy or reinvest again on Bitcoin and other cryptocurrencies as well. It is basically the pioneer of crypto currencies over all. Bitcoin is the first ever coin which gave the concept of blockchain technology. Right now though the mighty currency is going through some tough time in terms of prices but vigilant people are taking it as an opportunity of getting their hands on this expensive currency with little investment because one thing is for sure with bitcoin i.e. profit. |
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You probably heard the negative sides of gambling, some people who dont gamble has this bad impression towards it and we cant blame them for thinking that way because of the bad affect of gambling to a person who dont have control and let himself became addicted.
Now what did you realize or learn as a gambler (regardless if you became an addicted or not) that you can share to others?
As a former addicted gambler I realized that gambling is not the answer if you're desperate to grow your money and should not be our last resort in times like this because there's other way that can be the solution to our problem when it comes to money.
Ive learnd that we need to be grateful, thankful in everything that we have and will receive, when we win a game we should save the half of it for assurance that in case we lose , still will be having a profit, when we lose we need to accept it and not to be greedy, because being greedy can only.make us lose more money that we have. I learned a lot of lessons in gambling, I know prioritize the risk and management after I experience to lose big amount of money. In every type of investments, I always identifying the risks first before I make a move. We can lose our capital if we do not know what we are doing so we should always have a plan about entry and exit points. Handling the risks are not easy and that is why we should train ourselves in terms of taking high risks investment. Gambling is a business because everything where you invest is a business for you and in business one has to be fully aware of the outcomes in regard of profits and losses both. I personally analyze risk factor and expected losses prior to the profits offered. Gambling offers great risks and we shall really analyze the game we are gambling on before making bets. Also considering your budget is an important rule. Gambling imparts in you risk management techniques indeed. |
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Incase I need to choose between the two ofcourse my family I will choose it's okay to have simple life but the needs I will gives to them and we are complete. But gambling can also possible change my family lives but because I have control playing gambling maybe I should choose both my career and also my family. For sure we have different reason of what are choosing between career or family.
I wonder if there is anyone that would choose gambling over family. You have to be sick in your gambling addiction in order to get this decision and apart from that you isolate yourself for a lifetime by doing this. I am sure that there are people who would choose to play gambling than his family because he thinks that if he wins in gambling, he can buy many things for his family. But if he thinks that it is not worth to do that, he will not gamble, and he will back to his family. I never met someone who did that, and I hope that I don't have to meet that person because I cannot imagine how will be his family if he chooses to gamble than his family. There is no one who would in his or her complete senses are going to prefer gambling over family. Family is something that you cannot buy with money rather you lose it if you don’t care of it well and prefer material things over it. If you become gambling g addict and in this course left your family, you won’t get any support by anyone to get over your addiction. Families are always the first priority. |
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#3 is the reason why I started to trade, its because I was influenced by a friend but so far this friend of mine is still active in trading and remains approachable for any question that I have about trading. However, there are those who are not lucky enough to find a mentor to help them out when they trade, their “should have been” mentor left them as soon they signed up on a link and hot the referral bonus.
Mentors are not easily available these days and they are not willing to guide you even if they know about trading skills and great knowledge about trading strategies. I am going to never join trading or anything just because my friend is suggesting it. All friends are never ever sincere with you. I am seriously feeling angry at your friend who is not guiding you. You shall not call him friend at all. |
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-snip-
None. Because if you trade a coin on a daily basis instead of just holding them for a long time, the chances that you will earn more is higher. Example is if you just set a goal of 1.5% profits per day, thats 45% in a month, but if you hold on a coin for a month, I dont think 45% is possible. That's right, I do that way and what is your calculation is true, but I portion my capital for a short-term trading and long-term trading, I usually trade cheap coin that listed in the top 100 coins at the marketcap for a short-term. For a long-term I choose expensive coin that listed in the top 10 coins on the market. This is good to choose both long term and short term trading but you will have to be ready for it like if you think that long term trading gives you more earning than short term trading you simple should trader for long term using some well-known coins like bitcoin and ETH but just be sure about the importance and potential of the coin before invest in it. Each person will have a different choice because based on their knowledge they need to decide about whether they need to hold the coin for long term or short term. If you don't have patience in the long term, better start trading them in the short term and it will help you to make a decent profit if you are well experienced. Short term and day trading needs good stress management otherwise they are great sources of making money as constant source of income. I have seen that those traders who do not have really well time management skills and control over nerves, they are the ones who are usually into long term trading and they don’t have sound knowledge about market strategies etc. short term traders are real traders. |
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