How work Fibonacci strategy?
Who really use it and make profit?
Fibonacci numbers are most useful in trading to predict the next possible range of market movements. But I am not exact aware of any strategy using this series of numbers in gambling. Start at the beginning of the sequence and every time you lose a bet, move one number to the right. Whenever you win a bet, start again at the beginning of a sequence. Google showed this. Sounds similar to martingale. Related youtube video on ' Fibonacci Betting System Explained' : https://www.youtube.com/watch?v=9ZyVEe1ORTEThanks for the youtube link for the explanation. I am also looking for this strategy as I used the binary style, when I bet keep on doubling  some times I lost, and not a good one in the long run.  In doing binary trading doing martingale doesnt work anytime and you must have a big bankroll or a big account that could able to withstand 7-10 levels then its possible to cope up with loss and make profits with this strategy but its really better to follow the trend and use only martingale if lose but when you are on a trend usually max lose is only 2-3x which is okay. Thanks for the link too its really useful for me. |
|
|
|
What do you think about the ups and downs of the currency Bitcoin ?
Whether it's an advantage or a disadvantage?
No disadvantages here, only profit chances. A good thing about bitcoin is the price going up and down all day long. Traders can make more profit along the day, just buying and selling btcs. Good method to earn more and more with this currency. And in the end of the day we don't need to worry, because we know the btc price never will go down a lot, we have the sure this coin won't die. You're right, maybe only a few people who would accept the loss of this rare occurrence. But, although the possibility of losing is very small, we still must be careful in trade. Losing on trading possibility is not actually small because if you dont have enough knowledge on trading it for sure you will lose some of your money specially we are now on increasing price state.If you buy on a low price then the price shoots up then you will surely wait for long time if bitcoins price will go drop again. Trading really needs knowledge on when you will buy and sell and it really needs some analysis. |
|
|
|
I remember being playing some slot of bejeweled, and i were able to get something like 15 euros bonus, i had deposited 20 euros and i wente to 38 euros, but i were a greedy person i tryed to achieve big value with those, the result were i ended all, next week i had deposited 50 euros and lost 25 euros on the same game and after the loss i stopped gamble.
good thing you realize mate i think every one of us only realized much bigger loss when it played with greedy thinking if we always wanted to win big and if we always wanted to chase and regain our loses its not good and its a big mistake for sure it will ended up losing more and more. yeah the biggest mistake that most people did is to keep chasing the past lost everyone will ended up losing if they keep repeating it self control needed in this case as losing control causing you keep do chasing remember always to gamble to get entertain so there will be no more a mistake like that. Chasing always your past lost is really an bad idea because greediness and hopes will surely come out and its really hard to control it when it tries to overcome you. Self control will really the best thing to stop this kind of feeling because if you let this thing to control you then expect more lose in the long run and you will surely regret that thing when you realize that you dont have money left in your pocket. |
|
|
|
I want ask mostly people are saying in Gambling we loss everything, but they are still playing gambling.
WHY?
Then people saying that it is Game and fun so we are playing.
I want ask you, Is it Game so you are playing, otherwise what is Gambling?
1. GAME
2. INVESTMENT
3. BUSINESS
Gambling is also a game which is included on your options but there are other games which doesnt involve money though like playing on sports games and all types which no money is being risked and also business and investment are still the same too which you are putting up money and make it grow so that you will gain profits in the future or in the long run. I will definitely choose these things rather than focusing on gambling because we all know chances of lossing money in gambling is high. |
|
|
|
|
Btctalk Name: Oilacris
Rank: Sr. Member
Current post count: 444
Btc address:15YkxswW9unoNKP5wbLRzaRAZVJqrKyrFe
Wearing Avatar : Change sig if got accepted. Thanks
|
|
|
|
Hi!
I am new, an i am looking for good online/cloud mining websites. Where you can Mine BTC online.
You know any good Sites?
Rather don't there are far too many scams around and you will lose all your investment. Rather invest in altcoins or something similar. Spread the money out never all in one investment. But you should make sure that the altcoin you are investing at is a good coin wich have great vision for more upcoming project and updates, since some of coins are just made to scam or for manipulation purposes, and we just crashed out the thoughs and money maker thinking on cloudminings since as for now they would never be profitable again and not in the future, it is talk and figured out as scam for so many times and people should listen to this for their own safety. Previously i observed that ICO are legit ones because they totally launched a good altcoin on earlier years but there are really people who want to scam people thats why they make the advantage to make a coin and launch an ICO and when the amount fund is already enough some deves would tend to run and some when a coin launches they just dump it right away which is really devestating and would really lose up money. |
|
|
|
|
Hopefully could able to join the next round.
Thank you
Username/UID: Oilacris
Bitcointalk Rank: Sr. Member
Current number of posts: 442
Your Bet King username: oilacris
Bitcoin Address (in case of emergency): 15YkxswW9unoNKP5wbLRzaRAZVJqrKyrFe
|
|
|
|
I have good experience with this service. I have used it for a while. The upgrades make sense and are well priced as well as affordable for less wealthy people, too. However, I advise you to consider the opinions above me. Probably, I was just lucky in the past and I do not use the service anymore.
You must have been lucky if you received any payout from them. This normally happens to the first people to use any scam service. Once the scammers feel they have accumulated enough, they stop paying and disappear with peoples money. I tired their free service but so far I have pending withdrawals for more than two months. You could able to withdraw the earnings if you deposit on their site. I could say that joining this kind of cloudmining sites are just pure hyip which they gone if they get enough money from their members. There are still some people who make profits especially to those who join on earlier times when it was just launching. Investing money on this sites is too risky because the chance of losing money is high. |
|
|
|
Hi there
As the price of Ethereum is falling , which one is more profitable in the near future? Changing Eth to Btc or vice versa?
Thanks
Price of altcoins would definitely goes down if bitcoins price will pump. You can really look at the chart of a certain altcoin and bitcoin. If i were you, choose Bitcoin as a primary and no altcoin could even surpass bitcoin in any way. Better to save bitcoin as much as you want rather than ETH but you could always make it as an alternative but dont focus up too much. If you have lots of ETH better to hold it and focus to bitcoin. |
|
|
|
Altcoin trade is considered as forex too?
I think that to make money with trades is required a lot of study, none newbie can do this, maybe you can have lucky on the first month or more but if you don't know exactly what are you doing, you will lose all your money. Nothing comes easy, knowledge is everything.
Yes you right knowledge is everything. I have an oppinion, I think trading cryptocurrency and trading forex is different. In forex there are technical term called margin call, pip and etc. But in cryptocurrency trading we only have two technical term called buy and sell. Peiple can make money in forex, I am agree with your statement that need study to do trading forex, if someone do this without knowledge it's just the same with gambling. Trading forex and altcoins is different but there are a lot of similarities at the end it does not matter what you are trading since we, the people are the ones doing the trades, so the same patterns that appear in forex, bonds commodities should appear in the altcoin markets. They are really different even though they are the same on trading field. Crypto currency volatility is really different compared to currency and stocks price volatility. Forex is do really hard to learn and it would really takes years to be profitable with it and also it do requires big amount of capital unlike on altcoins which you could able to trade on small amounts. |
|
|
|
although banned in some countries I think bitcoin will still be used. because users bitcoin is anonymouse. so it is difficult to restrict the use of bitcoin. we are all free to use bitcoin, because bitcoin does not have a centralized system. we are all free to do various transactions that we want.
I can't totally agree with you dude, when government really banned bitcoin and prohibited everyone use bitcoin. You potentially cab not use it at all. Because the government have an authority to ban where the bitcoin transactions is doing, they ban that site for access in the whole of country. So may be you can not use bitcoin. The government may be also use another actions more than that. You could still able to access sites which you do have bitcoins transactions by using VPN and Tor websites. Even they banned bitcoin site on a particular country but still it cant stop totally bitcoin users to access it. No matter how hard the government would implement such rules i think it would be useless because for sure underground transactions would be really made. |
|
|
|
I think bitcoin was created so that we can have an alternative and better kind of currency. You can avoid getting taxed when you're using bitcoin. It's fast and reliable too. You can easily send money abroad with just a few clicks. Bitcoin is decentralized and that just means that a part of bitcoin is meant to do the opposite of what the government does. Today, bitcoin is an investment for most and an opportunity to earn money online.
bitcoin is suitable to be used as a means of transaction. maybe the purpose of making bitcoin is that the internet has a transaction tool that quickly and reliably. bitcoin is currently actually used as currency on the internet, other than that bitcoin has also evolved into a business tool, so now many companies that need workers who are paid using bitcoin. well, so I think bitcoin made to facilitate people - people to conduct transactions on the Internet Adoption do rapidly increased because bitcoin features is very useful to people that's why they got easily adopted into it. Money transfers is the main thing why bitcoin is being created, as you can read on Satoshi white paper ,not only that, bitcoin project do already reach or gain extent adoption because there are already merchants do offer and accept bitcoin as a payment. |
|
|
|
Ups (pumps) = Good to sell part of your bitcoin to have some cash in hands to buy cheap bitcoin on dumps
Downs (dumps) = Good opportunity to buy cheap bitcoins using all fiat you have or half of fiat.
If you are looking for long term holding, don't look at short term ups and downs just relax with your bitcoin in safe place and keep an eye on bitcoin markets.
The advantage of Ups and Downs (swing) in bitcoin price is opportunity of profit it create for day traders.
This is an accurate answer to op's question, this is what I'm thinking too hence you already mentioned I won't repeat it again. Moving prices of bitcoin is not a shocking news as long there are players on the market then it would definitely move. Just as mentioned be prepared on when to sell or when to buy because opportunities might happen on an instant. If you'd like to make profits then you should be attentive on bitcoin price movement. |
|
|
|
Hi, I am looking for a way to earn some money without invest(because I am broke), I can dedicate 2 hours a day in that. what can I do to make a bitcoin per month without any investment?
The best way is to try freelancing jobs but it depends on what skill you have/What you can do. Here are some sites you can try, They pay bitcoin. 1. https://www.xbtfreelancer.com2). /r/Jobs4bitcoin (Reddit) 3). https://coinality.comOr you can try on upwork or fiverr. They also have simple jobs. Some advice, Your two hours a day is not enough to make a 1 bitcoin in just 2-3 months. It is much better to just focus on your job than freelancing on some sites. Because you can just buy some bitcoins using your salary and keep it for investment. I really doubt that any people can make 1-2 bitcoins with freelancer, well you can do it in a month but every month earning the same it's hard because it depend of the projects that are avaiable, plus the client have to select you between a lot of people. Much more easy to have a normal job and if you want to invest in bitcoin, just buy some coins at the end of the month. Actually freelancers can earn huge money from different ventures online, and they can actually get many clients as they want if they have more skill and can do various task, and the more the clients the more money they can get and surely 2 btc well be reached by them in months or even more, and think for it decent job cannot pay us 2btc monthly and thats whynits better to have an alternatives to gain more money and to have savings to be used on emergency situations or in various needs. I really don't think it's simple like that, otherwhise people that live in 3rd world countries will be working a lot in freelances since 2 btc is a lot of money in those countries like a year minimum wage  Have a lot of competition with this jobs, it's hard to get clients. Maybe few people can do it, the rest will get nothing. Well you are right, due the fact there are several developers fighting to get the job, i had hired a person to make something for me, and he hasnt any work before me, i had advised others to work with him, nowadays he is very requested, but he said he were something like 3 months searching for a work. Normal people without skill will try very hard to achieve those, but will only be able to reach those if they risk their bitcoins with forex, trading altcoins as well sport betting. Well competition is always present when we are talking about freelancing works and also people or client would really choose the most reputable ones with enough experience that's why for those new into this field for sure they would really have a hard time of being selected. Alternatives Is always there though all you need is to search and find the way could able to earn you bitcoin. As you suggested it's really possible to achieve by doing trading and other good investments. |
|
|
|
Considering that the manager is a "Newbie" I would advise all users to wait until deposit will be escrowed.
It is always better to be cautious.
Cant you read the confirmation of DogecoinMachine above? which he actually said that Crypto-news is under his control? Or you didnt read that? Sorry OP for off topic post, just want to answer regarding on escrow issues that he state. CryptoGames and CryptoNews are one, they already running for more than year which they pay on time and no delays. There no need to escrow hence they are already gained trust on this forum. |
|
|
|
I disagree with all the people saying no in here, I would say that the majority of people don't get into Bitcoin steadily over time, it happens with events in the real world. For example, there was a large spike in Bitcoin users when India announced the discontinuation of 2 of their bank notes.
In your opinion, if the people was getting into the bitcoin. If happen something is big in their environment? And bitcoin has become any backup for them? I may think if this has little chance, although there was no the clear answer about this. No one can calculate about the definite answer for this question. I thought if the steady adoption is there, although if it is just one person for a day. yes the real number of bitcoin users cannot be calculated, the official authorities may know about the actual number of bitcoin users, but if we just examine our surrounding we can also avaluate the fact about the number of bitcoin for example in my ares when i started using bitcoin, i think therefore just a few number of bitcoin users at that time but now as i also introduced bitcoin to my friends and other who knew a about bitcoin may also have introduced bitcoin to other people therefore the number of bitcoin users in my area are so much increase as compare to the previous number of bitcoin users. Theres no really accurate number on this because adoption is on progress and it do happen all over the world on any places. It may rise without our notice. In my own perspective there are really new people who do engage to bitcoin because its a good crypto currency and people would really see it and for sure they would engage to it. Same as yours bitcoin appearance is already spreading into my place. |
|
|
|
I'm looking for details about your experiences on Hi-Lo game. How long you already went into this game? Did you get many losses on a roll? More than 30? The chance to this happen is 1 in millions, but in casinos it can happen more frequently, no? 30 losses in a row sounds a little bit weird! I never experience this unlucky, but if you look the probability is not impossible, and even every roll is "not related" to other ones, so the result couldn't be affected ! It would really be weird if you do have 2x multiplier and experience losing streaks which is really devastating but you will definitely experience that directly if you will increase the multiplier. Just the same on other members said here on earlier post it does really matter on which multiplier did you set it on. The higher it is the higher the possibilities of long losing streak that will definitely wrecked you. The result of every roll is not influenced by the last one. If you flip a coin, and get head there isn't anything that could lead to another head (or a cross). In theory you an get every time head and the coin is not a fake one Theres no connection between on flip a coin and betting on a dice site. On online gambling especially on dice, results would somehow do have simmilarities especially when the multiplier is big, you could really assume that results would be like that which is lossing streaks. We are not talking flip a coin here. Well its your own view, i do respect that. |
|
|
|
How much does it cost to build and maintain a website like primedice (for example)?
Hosting,programming,design and advertising costs?
I have an idea about a brand new bitcoin gambling game which will be completely different than the dice sites,
but i don`t know from where to start.
I don`t know if this is the right place to ask,but can anyone answer?
I think 300 BTC are enough here we go for details: 1. Hosting cost: about 50 bitcoins maybe it is too high cost but you must make sure the website is not down while there are many users who visit it. 2. Programming and design cost: 50 bitcoin you must be looking for people who can do programming and design with one. 3. Promotion cost: 100 bitcoin in my opinion the most much take out the gambling is for promotion. These partitions are too much in my own opinion. 50 btc on hosting cost is overkill hence you could able to make a website with good security which really cost less compare to that said amount and also 50 bitcoins is too much for a website design and also 100 bitcoin for promotion is overkill Just want to ask if how much would you put in your bankroll? Because you didnt mention it. |
|
|
|
Let's say something happens in 2017 and Bitcoin's price per bitcoin reach $100 000 per bitcoin, what would you do first? I know most people would sell at that price, but who would do the buying? Security will have to be your first concern, because at that price... Bitcoin will garner a lot of attention from hackers and scammers. Would Bitcoin reach a price, where it is simply not economically viable to buy it... { even if you buy only a few Satoshi's } A lot of people {those who did not do their research} seem to think, bitcoins can only be bought as a whole unit.. 1 bitcoin at a time. I think, as the price rise, we should emphasize the fact that you can buy fractions of a bitcoin. Some of my friends thought you can only buy whole bitcoins, and they only started buying, when I explained it to them. We have our work cut out for us, when Bitcoin reach higher price brackets. $100k price per bitcoin is not possible for year 2017 and even into those upcoming years i dont think so that it would reach that peak amount. Adoption would really be needed in able to reach that. Good for you that youd able to convince your friends to engage on bitcoin and there are really people especially to those have no idea on bitcoin thinking that they must buy 1 whole bitcoin. |
|
|
|
Thats what im thinking too on why people keep on betting on this kind of game which fully rely their fate on it. They keep betting and buying lottery tickets even they do have difficulties on financial state. If you are a wise and a practical person you should really not let yourself to get involved with this because you will surely lost most of your money i dont mind of getting millionaire in an instant . Better to save than to gamble which you know that chances is very small.
I just buy lottery tickets when I have an extra money only, sometimes I place my numbers with my instinct. Winning in this kind of game depends on luck like dice games, I don't expect to win. I just pray and let miracle happen, yeah it sounds weird. If it is really meant for you then you'll have it. People do really differ on their beliefs and also to their interest and aim which isnt bad at all as long you dont compromise your money too much on buying lottery tickets then its should be fine. People would really hope to win in lottery because its just once in a lifetime opportunity to become rich in an instant and i agree with you if that money is really meant for you then it would be given to you. |
|
|
|
|
Show Posts
