We don't have to celebrate and pay tribute to casinos because that is not necessary. The casino will be like that, and a casino is a place for people to spend their money to play many gambling games. But the casino can celebrate their opening by inviting many gamblers to come to their place and give them the best services to people. That will be another benefit to people, and I am sure that the casino will also get the benefit from people.
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It will be good news for people who already comes to that casino so they can play gambling again in the pandemic, but they need to be very careful if they want to visit those places. We are still in the pandemic, and we don't know who will be the next victim, so we need to think twice if we want to go to that casino. We don't have to risk our life by visiting that place because I am sure that many gamblers will want to go to that place and play gambling together with other people.
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Allocate the amount that you are willing to be gone and you wont really have that chasing mindset.
The first time we gamble, we can allocate the amount of money we want to use for playing gambling. But as time goes, sometimes we forget about limiting the money, but we deposit again because we feel too have fun and we want to try to win the games in the next round. That can make us lose in more money, and sometimes, some people cannot accept their loss, and that will make them feel too sad. Not all gamblers can overcome their big loss because many of them will feel desperate and sad, but that is because of their fault.
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If that is the case, I think we don't have to gamble because we should report the spreadsheet for the tax to the government. Or we can use crypto gambling online to playing gambling, and we don't withdraw for some time the win money, and we could withdraw by the help of someone who will send the money to our bank account. People will find a way to hide their money to avoid the tax.
Lol even Bigtime gamblers don’t do such thing (not unless maybe those businessmen where they need to have record for their own managing) but I believe that gamblers usually deny to learn how much they lose instead loving their winning amount. I have been gambling since i was young but never imagine recording my money for gambling . If they are businessmen, they must report their tax to the government. But I don't know if they gamble, they need to report it to the government too or not. I think they will hide their activity on gambling because maybe they don't want to add more taxes to their report lol. I am playing crypto gambling but I don't report my money for gambling too ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Patience is needed to create a strong and reliable crypto, the aim of the coin is for long term, its quite surprise to see the bitcoin price still can't over 10k, but I think if everybody work together focus on btc not alt coin, then btc could give a big impact on the price, but its hard to make people have the same mindset
I am sure the bitcoin price will break $10K. The time for bitcoin will comes soon, and we don't have to worry about that. Meanwhile, we need to prepare by buying more bitcoin, especially if bitcoin is at a low price like today. But it is not recommended to buy bitcoin without analyzing the price because we can buy at a wrong price, and that can make us wait for a long time before we can sell bitcoin to make a profit.
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Be careful because the bitcoin market now has been down again, lower than yesterday. I hope that the bitcoin market will not go down rather than the price now, and the next days will be a time for the bitcoin market to back increase. Maybe right now, the market is currently bullish, but the fact is the market is at a downtrend, so we need to be careful. I understand the current momentum of the market require consciousness but i completely believe the market will experience dump in price till it working days though I'm not pretty sure what the bottom price will be and the momentum the market will choose when it Monday. According to whakesalert, some huge stablecoins are moved to exchange site probably to accumulate some BTC it tomorrow or Monday. [/quote] The trend is still downtrend, and that can attract the market to get down for more. We can only prepare if the market is really down by analyze using another indicator so we can get the momentum to enter the market. If that is the case, we could only wait for that momentum, and I hope we don't miss the time to buy bitcoin at a low price, and we don't miss something in our analysis.
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there is no guarantee you can find the right coin since we have so many altcoins which can grow at the market so every coin can have the same potential.
Many good coins are got hidden by many other shitcoins or many shitcoins are hiding themselves behind those good coins to deceive investors. It is a decentralized world and we cannot any other go other than living with doing thorough due diligence. You are right. We need much time to scan one by one of the coins to find the hidden coins which can give us the profit in the future. But I think we can stick with the 100 coins list to be analyzed so the list will not be too big and we don't have to spend too much time to find the coin. We need to be careful to choose the coin because sometimes, the coin can give a wrong move that can trick us in analyzing.
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Good suggestion, BNB already showed its potential and it's already successful, but there's still more room to grow, while wrx which was acquired by Binance, this coin will certainly have a good future as based on the trend, anything that attached to Binance succeed.
If that is the case i will make a good amount of money as i am holding over 40k WRX coins locked in my account in the exchange and they will be releasing the coins every month, sold over 4000 coins when they first unlocked and since Binance acquired the business i will be holding the rest of the coins and see how this will go, either way it is a win win situation for me as i never spent a dime to get those coins ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . If you have 40k WRX coin, you need to hold it until the price increase higher. That will be a lot of money you will get from the coin since you have a big amount of that coin. BNB and WRX can be the next potential coin which can increase, so I think many people still hold those coins until now. I only hold BNB so far, but I don't have a big amount of BNB, but that is no problem for me.
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I am sure many of us still hold bitcoin from a long time ago because we want to sell bitcoin at the highest price. But if we only hold it without use to trade, I think we can not increase the amount from trading because, with trading, we will have a chance to make a profit in bitcoin or usdt which we can use to buy more bitcoin when the price is down. But if you only want to hold your bitcoin without trading, then that will be no problem since we have a different strategy on how to make a profit from bitcoin.
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I think you can invest in both project, bnb and wrx at the same time, so you can have both coins that can be the next potential coins which can increase later. You don't have to buy so many amounts of each coin, but you can adjust with your balance, and don't forget you need to leave your balance with some money, just in case if the price for both coins is down so that you can buy more amount at a low price.
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I think you can get many lessons from bitcoin investment. You can say that we learn about patient, calm down, not greedy, don't panic, and other things. But I believe that there are many other things that you can learn from the bitcoin investment, and that will give you more information before you decide to invest in bitcoin. Besides that, you should learn about how to analyze the bitcoin market so you can find the time to buy bitcoin, especially if you can see the price is at a low price.
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I guess the answer will be too many altcoins which potential to increase, but if you want to make a big profit, I suggest you invest in bitcoin. For the altcoin, I think you can try to analyze the top 20 altcoins to find out which altcoin that will increase in the short term or long term. But there is no guarantee you can find the right coin since we have so many altcoins which can grow at the market so every coin can have the same potential. Maybe you can pick the cheap coin price as you don't have to use too big money to invest in that coin.
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Hello All,
I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.
Any help is appreciated.
The best way to make profit is to buy at dip and sell higher, no newbies will see a market so high at this time in Crypto market and still went ahead to buy in that's pretty stupid to even have such idea. That is the basic lesson of trading, but unfortunately, we can not always get the low price because sometimes we miss the chance to buy at the dip. We need to analyze more to find the dip, and that is not as easy as it says because the dip will not stay for a long time, so we need to buy fast when the price is at the dip. The other problem is sometimes we think that the price now is at the dip but the fact, the price can go down for more, so be careful to analyze to find that dip.
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I am active in Reddit and subscribe to different crypto communities. I found ADA (Cardano) and TRX (Tron) to have a strong community. They also have a good upcoming projects. TRX is also dominating the Dapp world. Many samsung apps are running Dapp for TRX.
Yes, those coins have a strong community but don't forget, there are many coins which have the same things as both coins. This year will bring something to altcoin, and who knows, we will see an explosion of the altcoin again because bitcoin will be back to the high price. You can hope that all of your coins will give much profit in the next bull run so that will help you to make money again.
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Ada is good, it's my next gradual buy coin. I am currently considering Vechain. Tired of chasing shitty coins that can give me more BTC, instead they keep taking it. Sold my chainlink and it boomed.
You can select ADA if you want, and you can also pick BAT. VeChain seems like a good project, but I don't know much about that coin. If you're going to invest in VeChain, you need to read more about the project so you can get more information. Or you can try to choose to trade bitcoin pair usdt because I see the movement of bitcoin price is good to make a profit, but be careful about it.
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Maybe it will dump, but we don't know how deep the price will be a dump. That will be the best chance for us to buy more bitcoin, and I am sure that people will use that time. I am curious how much the price will be if the dump is coming, but I don't expect to see the price to go down below than $8k.
This current market momentum rely on the whales decision and this make it difficult for us to know what will be the bottom price if the Bitcoin market experience another dump in price but i expect the price to resist dump when it reachs $8500-8900. However, i think we shouldnt be talking about that now since the market is currently bullish. In meantime, theres chance that the halving effect will happen anytime soon. Be careful because the bitcoin market now has been down again, lower than yesterday. I hope that the bitcoin market will not go down rather than the price now, and the next days will be a time for the bitcoin market to back increase. Maybe right now, the market is currently bullish, but the fact is the market is at a downtrend, so we need to be careful.
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Correct. Many people can't be patient to wait for a while, and they decide to sell their bitcoin at the wrong time. But I guess that in the end, they will learn about the patient so that can help them to wait until the price can back to the higher price.
Yet we cannot blame them coz what if they really a money? especially during these times that we really need it, it is their full responsibility to keep away out from the market. And since we be talking about patience in here, I've seen a lot of people be confused on what patience are we talking about, if it is the patience to wait for the market to run good so we can sell out our coins or the patience to wait for the bitcoin to be adopted in the real world. What you got on these two? Maybe they use a wrong strategy to use all of their money to trade so when the market is going down, they don't have back-up money, and that can makes them to sell the coin at a loss. The patience that we talk is about how we can be patient to wait until the market to run good or until the price can increase at least, more than the price we buy so they can close the trade and make some profit. The other trader who leaves the market when it's dumped will not back for temporary because they get trauma from the last experience. Maybe they will not come back to the market again.
If that's the case then they are really for the crypto market, coz from the beginning it's been that way that you have to deal with simply this industry is pretty volatile. It's not trauma that caused them to not to come back to the market, it is the affordability mate. I think they join in the market because of the trend that they see in social media, and make them curious, so they think that it is easy to try. But the fact is, trading will be more than they think, and it needs to learn to trade before they use their money. Some people will be afraid to enter the market again, and some of them still hold their coins for a long time. Maybe it's trauma or maybe it's not trauma because we don't know what they think.
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I didnt say the price is goint to increase this month. I said i am getting ready for the next push up in the crypto world and have identified the cryptos i am stocking up. The 5 cryptos i identified are; 1. Ripple 2. Stellar 3. Tron 4. Cardano 5. Hedera Hashgraph.
Finally, you mention that 5 projects. From number 1 until 4, I think that project has a big opportunity to increase soon if the bull run is coming. But for number five, I don't know because I think that project is a new project which needs to survive in the market so that project can slowly increase their popularity. But maybe number five can compete with the existing project, and the project can increase too.
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The price is in hype for few hours but after that it back into normal like the price where it was before 48 hours so nothing to worry about it now.I saw that price increase but decided not to react to it.Yes missed the cashing out moment but not much to worry once it happened, its just everyday scenario in crypto market.
I am sure you will have your time to cash out your bitcoin in the next increase so prepare yourself before the pump comes. The price is trying to increase again, and we already hit $9,000. Although the price now back to the lower price. But maybe the next week, the price will have a big chance to increase high because if at the end of this week, the price is not moving up or down too deep, the price will have the opportunity to grow.
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I wonder what the 5 projects which can increase are. Can you tell us what the name of the project so we can follow to analyze or read more about the project?
Actually, we have more than 5 projects that can increase, but it is too difficult to identify the project because many projects will have the same potential to grow in this month or next month.
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