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8821  Economy / Gambling discussion / Re: If You Win Big Will You Remember Your Losses on: September 15, 2019, 12:15:34 AM
Of course, I will remember the losses and calculate them. I think we cannot say it is a big win if there are still more losses. Even though, it cannot return the money we spent for months. So, how can he feels very ecstatic about the winning?  Grin

But I don't think if your win will bigger than your losses because if he calculated, I think you need more win to cover your losses. That will make sense if the gambler finally wants to continue to playing gambling because they want to get another winning plus they want to cover the losses.

I am sure no matter who he is, pro gambler or new gambler if they can get the win, they will be very happy. No matter how much the money he can win, he will feel that the moment will be the greatest moment in his life. He will never forget that moment for the rest of his life.
8822  Economy / Trading Discussion / Re: Is utility token trading actually dead? on: September 14, 2019, 05:46:19 AM
Utility token should have a use case, and should be relevant in the functioning of the platform on which the project is built, this is the only way to ensure profits/revenue accrued in the business would be reflected in the price of the tokens.
But there are lots of nuances to the value of a cryptocurrency, and as stated above, speculation does play a huge role.


I believed that the utility token which I used to hold so long is developing its momentum right now and will rise sooner of its value. Although it seems harder to see good price nowadays, but it doesn't threaten me to be panic. Instead of having bad days I am enjoying and hoping alcoins seasons to come after real bull run happens.

That's good at least you still hold the token. I hope you can hold it longer because we don't know when the market can fully recover so your token can increase back to the normal price. We need to enjoy the ride of the market, and we don't have to feel bad about waiting for the recovery.

But I guess that many projects now don't care about the utility case for now, and I think they are busy to make their project still running and recover their losses. But when the right time comes, then we will see which project will increase later.
8823  Other / Beginners & Help / Re: tell us 3 mistakes you do when you start trading on: September 14, 2019, 03:43:16 AM
Buying and selling too early will be the most mistakes that we often made in trading because we are making a wrong analysis to determine the time to act. We are attracted to buying or selling because we heard or read some news which we don't know the truth and we make a fast decision. The other mistake that we might make is not deciding on how much money we use to buy the coins we want, and we all use all in of the money. We are too greedy to expect bigger profit while we are making a profit from the coins, so we still hold the coin.
8824  Economy / Gambling discussion / Re: If You Win Big Will You Remember Your Losses on: September 14, 2019, 02:38:28 AM
we don't need to remember our loss, but it is better if we can know how much our loss so we can prevent to get more losses in the future. Besides that, we can know that playing gambling will only give us losses because we don't know when we can win the games. When gamblers can win some money, they will forget that in the past, they are losing so much money before they can win. And if they can realize that, perhaps they will think twice to continue playing gambling and risk more money in gambling.

Or if they want to play gambling, they can play with small money, and if they can win again in those games, they will consider that is because of luck, and they need to leave the places.
I personally think, there’s no amount of money we will that should make us forget the past loses no matter how small it may be. Those loses puts us in check towards the next games ahead and also we appreciate the game the more.

Although there are some very big win, that once the alert hits the phone, it will automatically erase all the loses ever experienced in gambling lol, I will be glad if I can hit this kind of jackpot so I that I can have the feelings of forgetting my loses. But for now forgetting the loses I have encountered in gambling is one thing I consider impossible for the rest of my life, most times I win, I would first of all remember what I have lost and then realized, I haven’t really made much.

Yes, no one will forget what they lost in the past and will make the lost as a motivation to get better in the future. But if that is happening in gambling, I think some people can forget their losses even if they lose big, especially if they can win big money in gambling. They will be easy to forget the lose because now they can have more money again from gambling.

That will happen too with other people if they can win big or hit the jackpot because they will celebrate it if the money is already they got. The losing money will be our part of our life so it cannot be forgotten in the rest of our life. But we need to try to forget the losses and learn from the losses so we can prevent more losses in the future.
8825  Economy / Gambling discussion / Re: Will There Comes A Time That All Online Gambling Sites Are CryptoCurrency Based? on: September 14, 2019, 01:37:46 AM
Anonymity and popularity of Cryptocurrency are two of it's the best attraction.
And Cryptocurrency games are more transparent.
Will, there comes a time that all online gambling sites will be Cryptocurrency based?

That will only happen if the governments approve cryptocurrency and gambling at the same time, so there will be much gambling website will launch. Perhaps, the government will approve cryptocurrency, but I don't think all countries will make gambling as a legal thing because that will be related to that country itself.

I think now, online gambling became famous among the people, and now people are trying to use crypto as the bet. I guess that soon, more people will use crypto gambling to play gambling because they are really concern with their identity on the internet that could be sell in the dark market.
8826  Economy / Gambling discussion / Re: My simulations for testing Martingale strategy on: September 14, 2019, 12:37:59 AM
. Is the initial balance that you used in satoshis?
Would be interested if you will start at a much higher level of initial balance. What would be the charts look like?
OP used other crypto i believe, i think he used DOGECOIN to test those martingale strategy.
The chart obviously will be same with all of those charts on above, you will lose in the end especially in long run no matter how big your balance/bankroll.

Because only with Dogecoin, he can place a huge amount of coin. I am interested in his simulations, and perhaps, I will try it later, although I always know that the martingale strategy will not work for me in a short time or a long time. But still, it's worth to try for me so I can have another experience using the method. I agree with @STT says that he needs to take any profit he made before and stop it for a while and play again after one hour. Sometimes that is work for me to get another winning Grin
8827  Economy / Trading Discussion / Re: Newbie - when to take profit on: September 13, 2019, 12:42:17 PM
This may be a silly question - Ok so I now have £700 invested in bitcoin . Let's say it goes up by £50 - do I remove the profit and leave the working capital( £700 )in bitcoin ? Or do I take the lot?

If I take the lot then when I buy back in It may pay a higher price. What do you suggest?
This is exactly what trading experience will solve for you. I believe that everyone has questions like you but if you only guess about the trend, it is really a gambling game.
To be clear on this, you should really read about the trading documentation and there will be some tricks on resistance and support. It will help you a lot in making decisions.

Without learning, someone can't make a profit unless he always gets lucky in the trading. When we can learn from many tutorials, we will have the skills to analyze the chart which will help us to get the right price to buy, although we need more practice to get a higher chance. If you can practice every day, then I guess it will no need to a long time to improve your skills because you get the experience with practicing trading.

You should also know that the market will not have the same pattern in every day, so you need always to analyze it before you decide. If you can see the price start increase, then that is the time for you to prepare in the sell order and place your price to sell.
8828  Alternate cryptocurrencies / Altcoin Discussion / Re: Will crypto really go to zero? on: September 13, 2019, 10:01:42 AM
Back in the day, Vitalik once said that crypto will be going to zero. There has been many concerns about the longevity of cryptocurrency as a serious form of money, given that it's relatively unstable within the mainstream world. It's been 10 years since Bitcoin was created where crypto has had its ups and downs. However, many are afraid that crypto will be going to zero as the blockchain hype ends and governments start rolling their own digital currencies. When we take a look at most cryptocurrencies on the market, most of them aren't even useful at all. Perhaps, the only one is Bitcoin but it's terrible as a currency for daily transactions.

Which is why, I'm starting to wonder if crypto will really go to zero in the future? If this happens, then most of us will lose our hard-earned money as crypto becomes worthless. What are your thoughts? Huh
I think it's hard to happen if the crypto value returns to zero, crypto has progressed very well from 2010 to 2017 and 2018 has ups and downs but you all need to know that crypto will continue to run,bitcoin and ethereum or coins that have a good rating on coinmarketcap will remains valuable unless this world no longer has an internet network.

Some altcoin will return to zero, especially for the project which is lack of update because they cannot maintain the project to the better. The other coins will stay at the market and still trying to survive in hard situations, and it is difficult to compete with the other altcoin. Bitcoin and ethereum will have the highest position, so perhaps those coins will not get the big effect except for the price of both bitcoin and ethereum will go down. But if that happens, many will need to search another way to make money because they cannot work in cryptocurrency.

People will always search the other way, and people will get that because people can learn from the past, so that will make them survive in any conditions. We can say that cryptocurrency will become worthless but the reality, we will see something new that will boom like what we see with cryptocurrency.
8829  Economy / Trading Discussion / Re: Bad time to get into daytrading? on: September 13, 2019, 08:48:30 AM
I feel day trading is cool if you have a huge some of capital. Some days there are always positive changes in the market movement. If you trade with at least 1 btc you will be making a reasonable sum of money at the end of the day. However if you are being greedy with it you also loose a very big some too.
Although day trading is very risky, but i think if you have good knowledge about it and knows the best entry and exit in trading, then you can still make profits even if the market is very volatile. Just keep on trading and never tired of creating different experiences in trading because this will help you to develop your skills and strategies in trading to make you profitable.

The important thing in trading is knowledge, the more he can learn, the more things he can get a chance to make a profit. I believe that every people can be a good trader no matter what is the market trends. I think as long as they can analyze where the market position, he will be able to make money. Day trading can be a solution if the market is up and down every day because he can analyze the good price to get in and out. But day trading can be a bad idea if he only wants to get the profit without thinking about the chance to make a profit.
8830  Economy / Gambling discussion / Re: If You Win Big Will You Remember Your Losses on: September 13, 2019, 05:47:37 AM
I have a friend who wins 15,000 pesos or $300 the first time keno games in an offline betting outlet, he is so happy and very ecstatic about his winnings, I congratulate him and ask him how long before he hit the jackpot, he told me that it took him 7 months and he is betting daily at 100  pesos or $3 so his losses are bigger than winnings.

But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?


If someone told me the same thing like that which is not calculation all his losses then it is just proven that the person is a gambling addict and he needs help. The mere fact the he's very consistent on betting everday that he won't stop until he manage to win so imagine the amount he would lose if he did not still win after a year.

I think that not all gamblers which do not calculate his losses, it doesn't mean that the gamblers were an addict and needs help. As far as I know, I don't calculate my losses, but I don't addict to gambling. Besides that, I guess that many other gamblers will do the same as me.

Perhaps, we are too lazy to calculate the losses we got in the gambling games because we don't think that is too important for us. The only thing that we want is only playing gambling and have fun without thinking about the details.
8831  Economy / Gambling discussion / Re: Gambling just for fun? on: September 13, 2019, 04:22:30 AM
There are some people gamble and lose. if you ask them why do you gamble? They will answer you "just for fun"
They know they are loser in long term and no strategy works, but continue to gamble for fun.
How can enjoy something that you know you will lose? Is losing money really enjoyable? Isn't there any other entertainment you can enjoy?
I think these people are still hopeful of winning back previous losses or they are addicted. Gambling cannot be just for fun. There are many free games too.

As long as we don't complain if we lose money, we can enjoy the games because of gambling game can give us fun things with so many games we can play. Perhaps, you do not believe, and I think you should try it for once, so you know how to get fun in the gambling games. We know that gambling games can tempt you to come back over and over, but you don't have to afraid if you can control yourself because that will be the important things in the gambling games. I believe that there is any other entertainment that we can do, but some people like to play gambling games so that will be up to them.
8832  Economy / Gambling discussion / Re: Did gambling affected your personal reputation? on: September 13, 2019, 03:00:57 AM
yes, it changes the image of a person in society, especially people who have strong religious knowledge,
Gambling is not allowed, and when it is done it will change the image of someone who looks good to bad,
but if we do gambling online it will be safer, because we can hold privacy and avoid crowds.

I guess right now many gamblers will prefer to play gambling online because they don't want to tell other people. They feel better if they playing gambling without anyone knows so they can enjoy the games without thinking about their reputation. But some gamblers don't care about the reputation in their society because they have money, they can use that money for anything they want. People could still talk about them even to make their reputation become bad, but that person will not think too serious.
8833  Alternate cryptocurrencies / Speculation (Altcoins) / Re: DOGE to BTC on: September 12, 2019, 05:45:46 AM
Hello people,

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks

Angell

You should wait until Doge price increases. You can also sell and buy many times if the price of Dogecoin moves. But I guess that will not give a nice profit if the price does not increase higher. If the Dogecoin cannot increase more than 50 satoshi, then your profit will not be bigger, but if you can accept those profit, you can sell it whenever the price rises.

But no one will have the right prediction about the Dogecoin price nor the other altcoin because of all of the altcoins following bitcoin price. The Dogecoin itself will have a big chance to increase higher because in the order buy and order sell, and there is a big queue that is ready to be filled. So you need to be patient and don't tempt to sell Dogecoin because other people say the price will be down.
8834  Economy / Trading Discussion / Re: Suggest me to invest in Bitcoin Online Trading on: September 12, 2019, 04:42:41 AM
Hey Hi,
I am Ahsan and i need your support to invest in bitcoin trading, i already used poloniex, i bought DGB there and after holding so many month i got frustrated and sold all in loss  Cry now i want to restart the things again with around $ 1000. so please suggest.

Regards,
Ahsan


It is better to restart your trading to search for a new opportunity to make a profit in trading.

How about you analyze every coin in poloniex so you can find the right coins to buy. But perhaps, you can take a look at ATOM, LPT, GRIN, NMR, QTUM because I see that coin is new coins that have a big potential to increase high. But for sure, you need to have bitcoin as your main investment because bitcoin will rise higher in the future.

Don't forget to divide your money to buy at least 3 coins to hold for a while, so your chance will have a big opportunity to make a profit.
8835  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Alt coins bleeding on: September 12, 2019, 03:42:44 AM
So Everybody talking about Altcoins bleeding and btc dominance....can the top altcoins can just disapere?  In my opinion its a best time to but altcoins coz Panic sellers are selling?

But can Some coins just disapere?  Or Go to Zero?
I Think If market is Red its a Good time to buy!


I Don't undestood that Panic about altcoins!

Altcoin will be staying at the market no matter bitcoin moves because of the altcoin are helping bitcoin to increase and attract more people to come into cryptocurrency. If the altcoin disappears from the market, then I don't think bitcoin will be staying for a long time. Perhaps, some of the weak altcoins will disappear because they can not survive, and they lose their support from the community and the people.

The red candle in the market will be a good time to buy, and I agree that. But you don't have to panic to see the altcoin down because the altcoin will survive from the red candle and it will change to the green candle.
8836  Economy / Gambling discussion / Re: Gambling Marketing And Religion on: September 12, 2019, 02:23:44 AM
~snip~

That's a good question. I live in Russia. Russia is a multinational country and we have adherents of Islam. As far as I know in the Koran it is written that gambling is a fiction of the devil. Alcoholic beverages are also prohibited under the Koran, but many Islamists whom I know can afford to drink under the roof of the house. They say that this is how Allah does not see them. Others, on the other hand, clearly adhere to the rules and do not break them.

So your question is more about a person's personal beliefs.



There's nothing to do with personal beliefs if a person wanted and desires to get into gambling marketing. Most importantly we're not humiliating other people and we're just doing gambling to entertain everyone whose in need to unwind.

When one topic related to religion, there will be differences opinion from us, and I don't think that there will be an ending way to get an agreement. Because we have a different point of view, whether we are a person who is religious or not, so if you want to do gambling marketing, you can go with that way but before you do that, ask yourself and see what the answer is.

When you can feel that doing gambling marketing is no problem for you, then it is okay to continue. But if your heart says no, then you should try with the other ways. It is how we can make a deal with our heart in going with our life.
8837  Economy / Gambling discussion / Re: If You Win Big Will You Remember Your Losses on: September 12, 2019, 01:23:42 AM
No, because the tendency of most gamblers is to gamble more, not minding their loses, all they want is to have more winnings, thats the nature of their addictive endeavour.

Yes, they only think about how to win the games without thinking about how if they lose more money. They will forget about their losses in a few days or weeks or months ago because today, they can win some money. It feels like what they lose in a few moments ago is not exist because now they have the money.

They will only remember about their winning, and they will tell other people that they can win from gambling. But unfortunately, they don't realize that to get a win in the gambling games will need much money and of course, they will need luck too.
8838  Economy / Gambling discussion / Re: Did gambling affected your personal reputation? on: September 12, 2019, 12:23:10 AM
of course it can damage our reputation if indeed gambling that we do not use common sense because the money spent on playing can be obtained in any way or can be said to be too excessive when gambling because it is addictive, so that whatever activities we do will always be underestimated by public.

Of course, that is why you need to have the ability to control your emotion in gambling because it is very difficult to handle the feeling of win or lose. That will not be difficult as long as you know what you need to do, you don't have to worry to damage your reputation in your society.

But if we are addicted to gambling, it could ruin our reputations in society because they will judge and give a negative opinion to us. But that will not work if we always stay in the right line. The addicting person in gambling will get a negative effect on society, but we can help them to solve the problem so people can accept them again.
8839  Economy / Speculation / Re: Did fear cause that sharp dump? on: September 11, 2019, 05:49:59 AM
it is good to be optimistic but i don't think anyone's fear should cause a dump in bitcoin value, instead, it is the dump that induces fear in people's heart, a lot of people lose their faith per time when the market value drops  even most speculations are just failing. the panic has made a lot of people sell their token poorly.

It is always good to be optimistic, but I guess that only some people can do that because in out there, we don't know how people will react if they see the dump is coming. I think some people still getting panic if they know the price is down deeper or getting flash dump and the next thing that they will do is save their money. But now, I think people become wise and smart if they know the price is down and they will wait for a while so they can decide what will they need to do related to the current situations. I think they will not get into a trap from the flash dump because they know that panic will only make them lose their money.
8840  Economy / Trading Discussion / Re: Bad time to get into daytrading? on: September 11, 2019, 04:44:03 AM
Quote
Every time I put my money in it would start to go well, all the indicators pointed to success then all of a sudden it would plummet out of nowhere.

The market is not bad, it's just that, it is so volatile. You've said your indicator seems working fine at first, you have to set time and goal in each trades you made.
  • Set a target profit. The near possible price that your indicator tell and then exit. I know the feeling of waiting for the high profits and ended up being a loser. But setting 2-5% profit in every trades is enough for me.

And remember, indicators tend to works fine but not everytime since this market offers unpredictable situations.

Perhaps, he doesn't need to wait too long to take the profit because if he can see the price can increase for 2-5%, he can take the profit right away so he can wait for another down of the price to buy more. I am sure that he can do that if he doesn't chase bigger profit because that will need the patience to wait for more and not all traders can do that. It is better to get the profit as soon as possible because we don't know when we can come back to make a profit again in the future. Besides that, we can save the profit first before we continue to trade on that day and we can close our trading time with having those profit.
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