Hello dear members,
I have earned around $50 investment by posting in forums, claiming from faucets, viewing ads, etc.
I know that it may be impossible to trade with $50 capital because it is a very low amount but I thought that maybe there are some ways to trade with low amounts too. I don't care if the profit is low because I just want to increase it little by little to trade in larger scales in the future.
I prefer working with bitcoin.
What is your idea about this?
Trading with $50 of capital is not bad for a beginner trader and it's really worth it specially you mentioned that you just earned it without investing any money you have. I myself just started with $10 and it's overhelming that I was able to make it $20 within a month because it dictates that you are doing trading right thus you may play bigger amount. For the best market for you, it's better to trade with BTC pairs because it's currently halving; giving you possible extra gains while trading. Money does not matter as well as you ate working good with it. If you are good in trading and you never lose then investing small amount is good for trading. Long term trading with small investment is good as it will be trade out as double so trade long term with promising coin. Trading is all about your trading knowledge and it does not mean how much you invest for better result' I prefer long term trading for beginning. |
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Some people ask me how to become a professional trader, I think there is no specific rules on a professional trader, there is nothing called 100% zero, but it can be well-mastered, in order to read some good books, read the blog and another Good quality trader has to follow. And also the most important thing is to practice which can maketh anyone perfect. Some months ago when I started trading or started learning, I did not understand anything, later I collected a lot of books and started reading them, but I did not get any good results, later I got a new trader and he helped me And I follow the instructions given by him, I think that to be a professional trader, there is a good quality trader. Some of my own ideas and some of the help of some people, I did some trades and were very successful and were successful, they were done through our complete personal analysis. Some sample of my successful trade: https://prnt.sc/m9kbu5Every traders would really need a help from a professional trader because not every traders can really make a successful trade and prevent to have losses, that is why asking some tips and strategy from a professional trader would be really helpful for your future trades. Every trader had to face those issues and to be good for going through problems and it makes them expert traders. Talking to experienced traders may give us good ideas to get successful trading and it increases our information about trading. To become successful in trading explore all knowledgeable websites and learn about trading as much as you can. |
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These tips are general and not related to cryptos, so it is dangerous to take them, especially in this highly volatile market.
Daily trading is dangerous for beginners, as there is a lot of manipulation, fake bumping, Scamming, wash trading,...etc
I hope that you modify it or allocate a part related to cryptos. Focus on dealing with these risks because many beginners like the rapid increases "more than 100% per day" which are often fake.
And that is one of the problematics with day trading, day trading is not only very hard to begin with many people want to day trade cryptocurrencies which as we know are many times more volatile than almost anything that you can find in any other market. And that is a real problem even a coin as big as bitcoin can lose a significant percentage of its value in just a matter of minutes and if at that time you are using margin trading to try to improve your profits and you do not have a stoploss then your account is going to be wiped out. Yes that ‘true day trading is not easy as so many people who are trading for day and it’s way of making money for them. For new traders I think long term suits more than day trading. Not to be impatient for getting your profit from day trading. You should know when its good to trade and when to stop lose. Mostly people wants fast profit but it’d the most dangerous thing in trading as patience is really important. |
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To me it's safer to HODL bitcoin and trade other cryptocurrencies. I'm sure all the beginners prefer this strategy  I agree with you that trade is safe but I think you should know about the trade before trading. If you know to trade, then not just Bitcoin trading everywhere will seem much easier. You are right trading is not an easy task but it needs allot of knowledge and skills if you are not aware of trading skills you may suffer lose so its much better first make research about bitcoin and then about trading so you will gain huge profit. Bitcoin change the price any time so keep eyes on market and for trading with bitcoin its much better to choose long term trading. |
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it all depends on the level of addiction. Are they too bad? maybe it's true that they have to go to a therapist because it has entered their subconscious mind and has to change mindset to stop gambling. and this is the most important thing, find out what triggers made him gamble? and try to overcome it without gambling.
That is the thing. After knowing what triggers them to gamble, it will always be the same after that, they still needed someone to be there with them. They should be able to have an alternative way to kill time and gambling should be out of those choices. The time that he feels alone, that time that he feels free and can do anything even in a slight time, their mind will go back to gambling again. not only killing time mate but also Buddy's that can be with them for those time they are struggling to win over gambling because this is not that easy as we say,because the eagerness to play and bet is always there and we alone cannot win this,but with people who can be with us and divert our mind into good things aside from winning money(or losing much better to say)i have known some people that forget addiction because of their family who does not leave them in times of trouble and always guides them towards reality that in gambling there is always one winner and that is the house. Another thing is the willingness of the gambler himself. We can't force a gambler to just stop his addiction, he needs to admit that he himself is addicted to gambling. Without him knowing, he will not be eager to fix his problem. He should know his problem so he can also push himself to be better. Right in gambling we can not force anyone to gamble or to stop gambling because they might consider as hater or jealous person so keep trying to convince a gambler not to be addicted but it’s totally in gamblers own hands that’s why we should gamble in free time only and when realise we are getting addicted try to stop it and spend time with your family. |
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Whenever you talk about the big gains it should not mislead new gamblers with added hope of winning big. Always used to elaborate the consequences along with the big gains. Another important thing when you're getting a big gain from an offline casino, one need to be very cautious as the entire crowd will be watching you. In an article read about an incident that took place outside the casino in Philippines. Person came out carelessly after a big win, he was murdered for the money.
That is sad. That is one of the consequences of flaunting your winning especially in a place where there are people poor or lazy enough to kill for money. You better keep your winning with you. If you want to talk about it, never do it openly that strangers are listening. Do it with your very close and trusted friends. Yeah this is full of danger to talk about your earning with people you personally don’t know or trust because in casino most of them are criminals and they can harm you for sake of your money. My town is full of street criminals that’s why I try to keep all my earning away from people, my earning detail is only with me and I never talk to people about it because I don't trust anyone. |
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It's not hard to know if the gambling site is a scam or not. you just need to check the feedbacks about the site and just use your mind to search more about about this site through the internet, you just need to find out about the team and the people that were tried it before.
Sometimes, the feedbacks can be bought from other third services, so we don't know if that is honest feedback or not. We can try to visit the gambling site, try to play with their free coins for some time, and if we want to deposit, don't deposit too much money because our reason is to test the site. that is true because there are tons of Trolls in internet now and offering their service to either Give positive or negative reviews in each sites so feedbacks is not really reliable and considerate in rating gambling sites .much better to look for those accusations directly in this Forum or other
forum that they have gain their reputation.But if we are too afraid of getting scam, we can play in the recommended gambling site, which we can find here so that we can play gambling without worry. I think that is the best solution that we can do to stay away from the scam site because we never know which gambling site will be scam someday.
absolutely correct,there is no much better place to find legit and reliable gambling site for crypto gaming than this Bitcointalk.org forum because in this runs most of the long running crypto gambling sites like what you can see in Signature campaigns that advertise those sites. To be honest till now i never saw any scamming project or site for gambling being advertise in bitcointalk.org because this forum remain under strict observation. So some sites we can get from Google, if a site is not having high number of investors and there are no old gamblers it means there is something behind it that people don’t trust it but here I really feel safe while gambling. |
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Does gambling have a main purpose, to start with? Depends on the situation as well as mentality of the gambler while gambling. Do you believe we are here for a reason? No, some gamble for profits while others do it just for fun and entertainment purposes. If you had no time to waste in your life, would you still gamble anyway?
Nobody in this world is fully occupied, most people (including a category of employees and even employers who come at mid level management don't get newer tasks to complete every now and then and have a lot of time wasted). So I won't speak about Bill Gates but normal employees of any company would just watch Cricket/Soccer/any other sport and decide to call the bookie or make a bet online. Why not about rich people or maybe rich people it gamble to enjoy their time and wining or lose does not matter for them. I think you are right at some points as life has become tough and it’s being hard to live easy life so people like me (normal employee) join such activities for living good life because gambling makes people rich but it depends, how skilful you are. |
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Most of the online crypto gambling sites are now being forced to collect user information and make users go through KYC due to regulation.
I haven't feel that, I have used a lot of crypto gambling sites until now and I have never receive a message from them asking to comply with the KYC requirement, I think this vary from country to country. Same here too, I haven't experience that too. Though I feel maybe the this could be particularly on new gambling sites or when the user IP location are dictated to be from certain countries. Most especially countries where crypto gambling are prohibited. Though, on a general note sometimes collecting KYC on crypto gambling kinda makes no sense. If they will collect information, that means they are not a crypto gambling site. it should be this way. FIAT casinos collection information for KYC while crypto casinos does not. it's hard to mix both in one single casino as there's a chance in the long run that they will be strictly requiring information as they are already registered by the government. if I have to choose, I want pure anonymity like directbet in the past. Yeah in crypto you will remain anonymous and no one would be able to know about your identity, people love it and it’s sign of safety for them but I think gaming with crypto is not good choice because we should store crypto while use fiat for gambling and it makes both side earning, crypto is expensive investment for gambling I know out put will also be bigger but in gambling there is always risk, BTW it’s not suggestion but only my opinion. |
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I would agree but only to a certain limit. If a child is 8 years old and he's poor, then surely he's not poor because he's stupid. But if a 28 year healthy youth is poor, and continue to remain poor, then surely that's because of stupidity.
yes you are right everything depends on different situations, but here the OP is not talking about the children as the poverty of children is also due to the stupidity of their parents, so it means that OP is talking about the responsible youth of the society which because of the foolish mindset just loss their money and they become poor. |
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Now that more and more countries are starting to go cashless ( http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage? It will be good if majority or all of the countries convert to Cryptocurrency, but there will be disadvantages, like how about those places who are remote and do not have an internet connection, and there are people in this world who are hard to understand this technology are not using internet, fiat should still exist but if we are going to go all out, these circumstances should be considered and address. yeah there will be great difficulty for the people who do not know about the technology, as most of the people do not know about the exchange of bitcoin to other currency so this will lead to the loss of money from many people, i think both crypto-currency and fiat should exist and everybody should be free to use any of them. |
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We have different mindset and goals, I'm a trader and I want to focus in this current year in improving my trading skills and knowledge. 2019 is a bad year for mr because my win rate is low and I keeo struggling in trading that is why I decided to imrpove what I know in trading. There are still a lot of information that I need to learn and it is why I keep seeking differrent sources of knowledge in order for me to have an effective strategies.
Me I want to focus more on signature campaigns and investment. I want to have a longterm investment which hopefully become successful someday. I do believe that bitcoin will rise this year and I will keep holding until it happen. well me too also want to focus on the signature campaigns to earn money, apart from this i have my own plannings for trading because i am sure that this year will be a good season for trading , and also i have hold my whole bitcoin for selling on a good price as everyone is very hopeful for the halving and may it bring a good profit for all of us. |
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No I haven't. Even if we do measure it and see if it is proportional, I doubt anyone would answer no. I mean, they earn more than $20 - 30 per day on a good day. And even if they don't earn anything (Break even for some days), profit of a few days would break even the losses they made for those days. There isn't even any sense on why you would compare the two, when internet fees are close to being free now. Crypto trading isn't really that stringent when it comes to speed, so even the cheapest of plans of ISP's would work just fine.
yes it is very true that cost of internet is very less as compare to the income we get from the internet, now a days internet is the most important part of our life as we get a lot of knowledge from internet and we use it for many other activities apart from earning but still we get low cost. Other thing is that the cost of internet is fixed in my place so it does not matter for me whether i use internet more or less. |
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"Nearly 2.7 trillion won ($2.3 billion) have been lost to crimes involving cryptocurrency in the last two years, according to South Korean government data."
where do you see the improvements being made against crypto criminal activity. this can really hurt the price for traders/investors if conditions don't improve.
I've also had quite a headache on this issue for a long time. because I know that trading big in this market will make it easier to bring in more money, but the risk of losing money on exchanges is also very large. I am quite a perfectionist and expect everything to be safe before deciding on something big. That's why I'm quite worried and also missed many opportunities to get rich. I think the SEC should enter the crypto market to protect us. we should make a move to beg them and give them what they ask for. It's time for our market to be under control. In terms of hacking and scams, we should be aware of this. They can legalize bitcoin in their country and protect their people but at the end of the day, we are still the one that should be responsible for our wallet. If we know what to do and what we should not do, we can prevent being scammef and being hacked, that easy. yes you are right the one and only person which are responsible for our wallets are ourselves, only we can protect our wallets by taking useful measures.and i think before keeping our money in wallets we should carefully investigate about its security because our one carelessness could be the great cause of loss. |
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~snip
Very likely, many gamblers will become addicted when they win on a number of early occasions. They will return to gambling because of the desire to win more than before. Normal, but if its fun, then they should be able to control their expenses. Unfortunately not many gambling addicts are able to control their emotions and they are more vulnerable to spending more money than before because of the desire to win. People should have control over their emotions and not to gamble with access of money. When you win some amount it means you are going well but id you lose so avoid trying to recover the lose just to become rich as it can give you more lose and you will later on cry. So its not bad if you have desire to become rich but always keep control over yourself when gambling. |
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Nobody really predicts the market right, for me about the current market take advantage of luck in order to produce.
Just do your own research because any theory doesn't really help.
We should make our own research and keep eyes on market price be in touch with other investors and chat with them so we can share about real information about rise and fall of price. I think future is going to be bright because increasing number of investment will make people's thinking wise they will hold and wait no one know long will be taken to earn profit actually. Prediction can be true or false so make sure to hold and wait. |
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I have tried them both already and I will share my experience with them. Gambling in fiat is more hassle than gambling in crypto. I'm not saying that I'm gambling in casinos but in our town, every year there are some group of people who are building a place where people are gambling there and we call it "peryahan". There people are using fiat money to gamble. It is fun but at the same time, more hassle for me. To be honest, I don't end up there winning because or greediness.  Gambling in crypto is less hassle for some reasons. If you have a computer in your home, internet connection and the most important thing that you need, crypto then you are good to go already. You don't need to go outside and gamble because you can gamble already even you are in your home. Less hassle for me. It makes sense indeed what you say. Now people prefer to do things instantly. If you can do it from the room why bother to go out with all the greater risks. Maybe for the future people will be increasingly crowded who make bets using crypto.although the attraction of playing at the casino directly also always attracts visitors. However, with crypto the gambling process becomes easier Yes we can gamble with crypto so easily for this we can game online using our phone or PC so it’s good to gamble online but the problem is crypto user remain anonymous and you will not be able to that with whom you are actually gambling that’s why I prefer using crypto only to invest my money and use fiat for gambling I know it's little hard-working but enjoyable too. For crypto users anonymity does not matter as they know how to deal with it. I like gambling with crypto as it is technology that invented for our relaxation so if we want to be that much good gambler along with ease then choose online gambling with crypto it’s safe and easy way of gambling. We can gamble according to need if you like you can gamble with fiat in regular casino. |
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I still prefer not to talk about my major gambling profits because people will ruin it and easily make you lose it. I like to be cool and just tell a few people that they're so close to me that if they know later, they won't get upset. This is because people around you can have different reactions. For example, if you make a lot of money out of something they might be trying to steal it or change their opinion about you.
You are wise in this regard that we should not share about our gain with other people as no one is that much trust worthy in this world. People may take advantage of you can attack you or anything else so why to create danger for yourself. We should remain careful and specially in public its not good to talk with them about how much you have from gambling. |
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We can give so many reasons why we gamble, and we can not deny that it is happening to all people who gamble because each of them will have their own purposes. We can play gambling, but if our reason for playing gambling because of making money, then that will not be easy as we thought. Gambling was created for entertainment things, and many people enjoy gambling, but we must remember that we should not risk our money.
While saying that we also cannot deny that majority of gamblers are gambling for making money they think that in gambling they will win a biggest bet which will make them millionaires and they will live a life of luxuries for lifetime. Those people who gamble for just entertainment are those who have their own businesses and who know that gambling is not a source of income but a source of entertainment. Maybe that is happening around us because we don't know the truth. We can only guess like that, but I think that is happening in out there since we know that every people will have different purposes in gambling. We can give so many reasons why we gamble, and we can not deny that it is happening to all people who gamble because each of them will have their own purposes. We can play gambling, but if our reason for playing gambling because of making money, then that will not be easy as we thought. Gambling was created for entertainment things, and many people enjoy gambling, but we must remember that we should not risk our money.
I think almost every people purposes while gambling because they want to earn money so it's normal because if we luck then gambling can provide to us huge winning but unfortunately it cannot be steady because usually gambling results is unpredictable and as this is gambling so everything when we starting the games should be involved the money and it's fully risk and also if money not involved at there then it not be deserve to called as gambling They should realize that gambling is not the place to make money. When they start to use money and risk the money in gambling, that will the time for them to get lost. Gambling is unpredictable because, in gambling itself, the luck factor will come to the right people and help that person to win some money. Yeah people have their own aim and hopes from gambling as people gamble for earning money and some people gamble for fun. No one can tell other people about gaming that for this reason they can gamble. My aim for being gambler is I want to make money and for this I choose gambling in my free time it’s good way to enjoy and earn for me. |
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I just hope that Bitcoin Bullish sentiment will grow stronger and deeper that it will affect the altcoin market and make it the same sentiment as it is.
Altcoins are also on that track! It’s a casual happening that market rises and falls so does with bitcoin. When more people buy it rises and when sell so it falls the whole matter is about demand and supply. According to my current analysis bitcoin is increasing and altcoins will come to the track very soon we should keep holding and waiting for fully bullish market, good time is not so far. |
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