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8661  Economy / Trading Discussion / Re: Automated Cryptocurrency Trading for Beginners on: October 29, 2019, 04:53:03 AM
If that is related to trading, I think I prefer to do manual trading than to use automation. With manual trading, I can learn many methods that will help me to have skills, and I can improve my skills to be better than before. I know that using manual trading, I will need to have time to learn the methods, but that will be worth it for me if I can master one or two methods. If I decide to use automation, then I don't think that I can learn more methods because what I need to do is how I can set the bots to run as I want, but the market will not run as I want. There will be a time for the market to go up and down. Besides that, it will need more time to set the bot.
8662  Economy / Trading Discussion / Re: If you have to sell bitcoin to an alt, so... on: October 29, 2019, 03:44:18 AM
Describing a shitcoin varies from person to person. An alt that made you good money doesn't mean that it's a promising one. So please be honest, and if you ever have to sell your btc, what would you buy with them?

My first vote to Monero, for privacy reasons. Fuk ZEC and its "optional privacy" which is NOT a privacy actually. DASH? Lol, no privacy. Another bitcoin clone methinks.
Second one is Ethereum, there is no serious competitor in smart contract area.

I cannot find third one. Maybe NANO.

I will buy more ethereum or low price coins like grin, atom, trx, or ada. But that will need to observe and analyze more in the market because I need to find out more about which altcoin will be potential to increase later. I think every altcoin can be potential, but it will need time to find out the right coins, and I feel the market still unpredicted. But I don't want to sell my bitcoin to buy altcoin because I already buy many altcoins in a few weeks or months ago, so I still hold some altcoin which I think it will be potential to increase.
8663  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: October 29, 2019, 02:45:58 AM
But, by the way, to be honest, I've also experienced in a month never won even once, and of course I have to think about earning money outside of gambling. Cheesy

So you know that gambling cannot be a source of income because you have experienced not making money in a month. But perhaps, that will depend on the game you've played because if you have skill in poker or sports betting, I guess that you can make money, but the amount will vary from day by day. Still, in the gambling game, you must have the luck to win and make money. It is better to have another job that can give us money than to try to make money from gambling because the chance will be small.
8664  Economy / Gambling discussion / Re: The Things That Comes Into Your Mind When Winning... on: October 29, 2019, 01:45:26 AM
I see that if we win the games, the passion for continuing and getting another winning will be there and makes us play more and bet bigger than before. If that is what you think, then you will need to be ready to see another loss that you might get in the next roll because there is no guarantee for us to win the next roll. We will become greedy to chase the next win money from the game, and we forget to cash out the money and leave the place. But for people who can always remember that they must withdraw the money, then they are a fortunate person who can hold the emotions of playing more. They are the wise gambler who are not always thinking about chasing the win money because they realize that chasing the win money after they win will be too hard, and it is better to get the money and celebrate with some friends.
This is an experience that most gamblers can relate to, once you win you want to experiment that feeling again and while many can control their impulses and stop when they begin to lose money there are those that cannot stop and will do everything to win again even if that means losing more money than what they won, on the surface it does not make a lot of sense but humans have a need to be right even if they have to go against all odds this is why it is a good idea to gamble with another person that can check if your behaviour is getting out of hand.

Sometimes it doesn't make sense for other people who only see someone win the game with the huge money. While that person gets the money, that person continues to playing gambling, but suddenly he loses half of the money. People will say that it's better to take away the money and stop playing than to lose half of the win money.

But the other winner can stop the game because they know that continuing playing doesn't mean they can win more money. Rather than losing the money, they make the right decision to stop, which can help them to prevent the loss. That is the first thing that comes to some winners in gambling while the other wants to continue playing gambling.
8665  Economy / Gambling discussion / Re: Does the discipline help in gambling? on: October 29, 2019, 12:30:58 AM
Yeah, it is easy to say to have discipline but sometimes you might break your own rules. lol. Sometimes I keep telling myself that this will be my last bet for today and then  I still continue playing because of the will to win. I don't know but sometimes it is very hard to control yourself from the greed as you said we are just human and not perfect but everyday we keep learning from our mistakes and take it as an experience.

Yes, I got that experience before. I say to myself that I need to stop after 30 minutes in a gambling game. But the fact, I even continue playing gambling until 1 hour hahaha. The first time I gamble, I don't manage my time so many times I played more than 1 hour, but then I realize that I need to change my time in the gambling game. So I start to control myself in gambling. I learn about discipline in gambling because it is hard for me to stop the feeling of playing more.

After practice in many days, I slowly can manage myself and handle it without a problem. Yes, discipline will help you to follow the schedule you make so you can stop at any time without a problem. With practicing discipline every day, you will have the power to yourself to limit the time in anything, not just in gambling.
8666  Economy / Trading Discussion / Re: TRADING TOOLS? useful/useless on: October 28, 2019, 06:06:06 AM
Heyhey. Little help needed here.
Are tools for arbitrage, coin tracking, correlations etc useful or are they just another pitfall for not learning crypto? Was searching for useful platforms but got even more confused, which ones are trustworthy?
Appreciate the help!

I guess you need to explain what tools you want to ask. Tools for trading are useful for traders to analyze the market position, where the trend wants to go, and when we can enter the market. Without having or mastering the tools, you cannot get the right time to trade, and you only get a loss because you don't know when to enter the market. That will work the same for arbitrage trading because the arbitrage trading will need more than just to analyze the price and the market. You need to choose what coin that doesn't have a long time to arrive in the target exchange so you can sell to make a profit.

Usually, I choose the two coins at two exchanges. Then I will compare the price for both exchange, and if I can see that the price have a big gap, later I will try to send some amount to test, but that will depend on the coin itself. If I already know that the coin has the fastest confirming of the transaction and it doesn't need too long to arrive, then I will buy a large amount and then send it to the target exchange. But now, I think it's not recommended to do arbitrage trading because the market still searching for a better position for a while, so perhaps, you could do usual trading than arbitrage trading.
8667  Economy / Speculation / Re: BTC TO 35K$ IN 2020 on: October 28, 2019, 05:04:43 AM
Yes, Bitcoin can hit 30K USD to 50K USD in 2020, it has that high potential, so anytime it can happen. But, Could you please share your research so I can convince my mind to believe you? I think in the next year, the Bitcoin price will hit 20-25K USD, after the BTC halving on May, BTC can hit 35-40K USD in 2021!

If he can share his research, I am sure that many of us can try to analyze deeper so we can get more information that will be useful to us. Bitcoin itself can increase so high, but I don't know, we don't know how much the price can hit the highest rate in 2020. The important thing now is we should wait to see bitcoin price can pass $10k or $11k in the next month or not because if that happens, then it will make the price can move to a higher rate.

Perhaps before halving bitcoin price will start the rally into $20k, and then it will continue to rally and hit $30k-$50k after halving. But don't forget that after the price reaches the highest price, we will go to see another correction for the price and that means we will see a downtrend for the price. You need to prepare after the price hit the highest price because that will be an excellent time to buy back bitcoin again.
8668  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bull run / wishful think ? on: October 28, 2019, 04:04:39 AM
well, i dont believe that .
i just think with my logic, how people, or whales or big investor or whatever their name, will put their money to the crypto market easily without think first, or even if they think first, did they will think about consequence from their action ?
maybe mass sell will come from another side who have been waiting that moment.
just because end of the year will come and u think bull will comes too ?
or someone can explain me about bull run signal or whatever u call that, because i totaly think that just no more than wishfull think.
I think the pumping is due to the Chinese people wanting to celebrate the government officially supporting cryptocurrency.
a developed country backed by the government, its businesses will soon strengthen and capitalization will certainly increase even more.
so we should be confident bull run by the end of this year. Sharks in China have a lot of money. Wink

No matter if the pump is because of the Chinese people or not, I still say thank you because I can sell some of my bitcoin at the highest price now, and I still waiting for the next highest of bitcoin price. I think people are confident to wait for another bull run that will come to bitcoin, and it will happen with altcoin too.

Now, the market is trying to reach a high price after yesterday, and I hope that we will see $10k soon in the next month, so our chance to see the bull run will come in this year will wide open. People will invest in the crypto market after they learn many things, and they don't invest if they don't know anything. The investor now becomes smart, and they can search for more information from many websites. I don't know what kind of bull run signal, and I don't think other people will know too because we will know if the bull run comes when we see the price can start the rally and increase the rate so high.
8669  Economy / Gambling discussion / Re: The Things That Comes Into Your Mind When Winning... on: October 28, 2019, 02:43:28 AM
Not sure how many of you actually have won win big amounts as generally people have limited money and play accordingly . But yes when they win it rather than keep it aside or move out of that amounts means something to them they tend to play more in order to win more and mostly end up losing that money too .
I totally agree with your words, because that happened to me, when I experience victory the thing I do doubles my bet as if not satisfied with the results received after that what happened was only defeat and regret
Yes for sure, when you see you're winning you say to yourself "great I get it !" and you want to bet more to win more, because you're confident and you don't want to win just dust... it's human I would say. The winning strategy is to cash out your initial investment and to only play with your gains. So if you lose, you don't lose your investment at the end of the game.

I see that if we win the games, the passion for continuing and getting another winning will be there and makes us play more and bet bigger than before. If that is what you think, then you will need to be ready to see another loss that you might get in the next roll because there is no guarantee for us to win the next roll. We will become greedy to chase the next win money from the game, and we forget to cash out the money and leave the place. But for people who can always remember that they must withdraw the money, then they are a fortunate person who can hold the emotions of playing more. They are the wise gambler who are not always thinking about chasing the win money because they realize that chasing the win money after they win will be too hard, and it is better to get the money and celebrate with some friends.
8670  Economy / Gambling discussion / Re: Worst Day of My LIFE - Dice on: October 28, 2019, 01:37:38 AM
Like what other people do, gambling with loan money. I think no more that you can do except get the money back as long it is not from gambling anymore. Maybe with your sentences, you already do a mistake, but will be good if people read about this too. Sorry for your loss.

Well most gamblers expect that they can win big money in gambling that is why they dared to borrow money from a friend or someone but unfortunately, most of them failed and lost instead. Borrowing money just to gamble should be the last thing a person should do or he will be like OP or maybe worst.

I agree. It's better to borrow money and give it to a charity to help for something good. Atleast we will have a mental satisfaction and after that work hard to earn the money to return back. But borrowing for gambling is literally the worst habit to form. Because gambling never stops chasing, and borrowing money is the deadliest trap.

I think to borrow money to be given to a charity will not be a great idea because we need to pay the money back. And if we don't have any job which we can get paid, how we can repay the money? Borrowing money is not a solution even for gambling because sometimes we can get in the hard situations which we cannot repay that money. I have that bad experience before, and after that, and I talk to myself that I will not borrow other people's money because I know it is hard to repay the money.

We need to know what is our limit and don't break those limits if we are not sure or we cannot do that. But if we believe that we can handle that with good, then sometimes borrow money will be necessary to help us to resist.
8671  Economy / Gambling discussion / Re: Does the discipline help in gambling? on: October 28, 2019, 12:31:03 AM
Are you tyring to imply that gamblers are not disciplined? I don't think so. Being a disciplined individual isn't about risking something, it's about how you manage it. If I'm not wrong, risk management is under the disciplinary act in which you're correct that it must be the term for that. A good gambler with risk management/discipline doesn't go against his/her plan no matter what.

You're right. When someone has good management in risk handling, he can make a plan or strategy about what next he will do. He will have a note or a line that will help him to guide in any situation. Risk management is a must that gamblers should have because that is the way for him to manage his money and time so he can be able to do what he wants. And in gambling, he will be able to control himself and prevent himself from spending too much money. And discipline can help someone not just in gambling, but also in other activities he does, and he can work in his day without having a problem.
8672  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a Tech not "Manna" from the skies! on: October 27, 2019, 03:21:19 PM
I think bitcoin is only a way for people who want to make money from a new source. Bitcoin is like a knife, how we will use bitcoin for our life. If we know what we can do with bitcoin, bitcoin will help us to make money in the short term and long term.

Bitcoin cannot get rid of poverty if people don't want to try to change their life and only to expect to make money from bitcoin without doing anything. That will be only a dream for people who think like that because they will not earn anything from other people. So if you want to change your life with bitcoin, you need to be ready for the consequences and the risk inside bitcoin itself.
8673  Economy / Speculation / Re: Let this rise be a lesson - Bitcoin isn't strongly tied to anything on: October 27, 2019, 02:19:29 PM

Well, today Bitcoin went up by 14% ($1,000) without absolutely no reason

Market manipulation pump by Tether criminals, no worries scheduled dump is coming.  Tongue

Not exactly mate I think something different is being planned this time as they are not letting bitcoin to stay at high value for long time and user are getting smart day by day and cannot be fooled everytime, we need to hold on to our wallets to fail them in their manipulation.  This time it doesn't matter whether it's a pump or dump unless it last for weeks because daily pump and scheduled dumps will not work anymore as we have already learnt the lesson in hard way.

Yes, I don't think that is because of Tether criminals, perhaps it's because of something else. We know that bitcoin can increase and decrease without any reason, and it depends on the market movements by the traders. But the news can also impact the bitcoin market price, so we might think that is because of manipulation from some group of people.

We need to be wise related to the market movements so we can act based on the market moving. And that will be another good lesson for us, and we can take the point of the experience which we will use for us in the future.
8674  Economy / Gambling discussion / Re: Does the discipline help in gambling? on: October 27, 2019, 12:54:29 PM
For me. Of course, Discipline really matters in gambling you need to set some limits so that you will not lose bigger amounts. It is better than going all out or all in sometimes it pays off sometimes not. It really helps you in making decisions and other stuff. Discipline is really important in all aspects and our daily routines.


Perhaps, if many gamblers can have discipline in gambling, they don't have to face a bigger loss. But we are human which is not perfect and we still learn about discipline and many others to prevent from the mistake. Making a limit is one of the preventive ways that we can do in gambling, so if we can gather with discipline, it will work well for us to save our money.

But there will be lure or passion that will keep telling us to go on, and on so we might lose the discipline, and we might break the money limiting. That will depend on how strong we can control ourselves to hold our emotions.
8675  Economy / Gambling discussion / Re: Bitcoin and casinos on: October 27, 2019, 02:31:53 AM
-snip-
It’s been answered below you that in LAS VEGAS casinos are accepting bitcoin ,but I think to buy chips only and not literally bitcoin as instant bet in games
It's mean the casino accepting bitcoin to buy the chips at the day rate (commonly they use coingecko for the btc rate),
We can not play with bitcoin, we need the chip on the table.

But I'm not sure how long they will get the chips after transferring btc, as we know some platform will accept the payment after 1 confirmation, and 1 confirmation will take 20-60 minutes.
The idea of using bitcoin in games is great but in gambling is painful. It is like someone is just throwing away his bitcoins. It would be much better to spend those coins that are planned to be used for such risky game in charity so that at least the holder will help some poor soul. Instead of wasting time here, it would be much beneficial to do bitcoin trading and make good amounts of money.

That is what I think for the first time I gamble, but later, after I found dogecoin can be used in gambling, I try to use dogecoin than bitcoin. And I like it. I don't have to use a big satoshi to gamble, but I use dogecoin, which can minimize the amount of satoshi in bitcoin. Using 0.005 btc for buying dogecoin will give us a lot of amount of dogecoin, so I can use it for gambling for at least a week, depending on my bet.

Using bitcoin for trading will be a great idea than to use as the bet because, as you said, we can make a profit in bitcoin. The profit in bitcoin can be used to trade for another coin, or we can convert into fiat.
8676  Economy / Gambling discussion / Re: Worst Day of My LIFE - Dice on: October 27, 2019, 12:32:00 AM
Why is your worst day in your life?
If you did the thing you love (played dice)
Does money serve to ruin someone's day?
Of course not, money is made for a variety of reasons, not to ruin your day.
So head up and enjoy life, and most importantly be grateful!
Because he need to pay the money he borrowed from his friend and the problem here I think is that, he can’t pay the money easily. Well, the greed in gambling is not good and remember that you can enjoy without borrowing big money. Don’t try to borrow money and do gambling, it will become a big problem for sure.

If all gamblers can realize that borrowed money will make another trouble, they will avoid that and will only use some money to bet in gambling. But unfortunately, gamblers are greedy and want to chase the win money and make them forget that playing gambling has a limit for using the money.

Even though some gambler doesn't want to borrow money, but if he sees one person offers to lend his money, he will not think twice, and he will take that money to continue playing gambling. That is a trap for him because he doesn't have a big chance to recover his losses before or get a win.
8677  Alternate cryptocurrencies / Speculation (Altcoins) / Re: today the market looks excited on: October 26, 2019, 10:41:45 AM
Perhaps, that increasing the price is because of the news that was telling that China wants to adopt the blockchain, but I am not sure that it is only because of that news. We already know that bitcoin has the power to increase at any time, and it's not just because of good news, but if there is good news, then surely it will have a big impact on the price. And since yesterday, we see the market changes from the red candle into the green candle and today, that gives an impact to bitcoin and some of the altcoin price. But we still need to be careful because we don't know if the price can increase and break the higher price.

Besides that, the price now seems to get down and back to the lower price. I am sure many people don't want to see another downtrend in the market. But if that is only happening to bitcoin and the altcoin still increases, then I think people will be happy too because they can sell some of the altcoins.
8678  Economy / Speculation / Re: Bitcoin price today ! on: October 26, 2019, 06:27:13 AM
I guess we already see $10k in a few hours ago because the price now stays at $9600-$9700, but that will be possible to hit $10k again. I am not sure if there is a real reason for bitcoin to jump to a higher price in just 1 day because even we search on many websites or sources, we cannot find the truth. Let us enjoy the price and sell bitcoin while we see the price is at a higher price because we don't know if, in the next few hours or tomorrow, the price will be at a rate now or to go down again.

The price will be up and down this weekend, and we need to be careful to see if the bad time will happen again because we can only predict where the price wants to go. And if we can make a strategy to prevent the bad thing, then we will be ready for anything that will happen in the market.
8679  Economy / Speculation / Re: BTC Plunging to $6K before Big Recovery on: October 26, 2019, 05:33:05 AM
Therefore, now I conclude that no one can give accurate predictions even how good they are in technical analysis. Bitcoin price doesn't even touch to $6k and now suddenly pumped up and almost in $10k just a short period of time. We don't know yet what make triggered this now and there are a lot of reasons and probably coincidence to China's announcement. I guess we are now stepping on a big recovery and it will continue rising up.

Yes, no one can give accurate predictions. Finally, the bitcoin price gets a pump so high, and in only 1 day, the price can increase from $7000 to $9700. But bitcoin still needs to struggle to break the higher price, and I am sure it will happen. We are now almost at the end of this month, and we can hope that in the next month, the price can get a pump again and increase the higher rate. I hope that this is the sign for the bull market for bitcoin that will happen in nearly.
8680  Economy / Gambling discussion / Re: How to restrain yourself at a small loss and not spend money. on: October 26, 2019, 04:35:14 AM
I think that when we lose a small amount we don’t care much and we don’t restrain ourselves from continuing to play.A good thing to do to restrain yourself from not playing again is to place the sport bets you will play and then go out with friends or family and do not think about betting anymore for the day until you see the results,this is what I do.It works so far for me in sports.I don’t know about roulette and slots.

Going with friends or families won't help much expecially if they are players/gamblers too.
They might motivate you to play more and disregard the loss as being small. Thus, convincing you that the next play will bring big wining. Before you know it, you have played more than you expected to put in.


That is why we need to control ourselves from those who ask us to play more. If we cannot control ourselves, we will use our time to play gambling longer than we can think, and we will spend more money to gamble. If we are going to gambling places with our friends, we need to tell them that we are not going to spend too much time and money in the gambling place because we care about ourselves. We should remind our friends too, so they don't have to spend more money, and we can prevent big losses.
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