Selling everything is not the right way to make good profit as the price is quite fluctuating without much decrease or increase. Soon by the days near to year end steep increase would happen. Selling based upon the price movement and requirement is the right decision compared to selling everything on a whole.
I also expect good growth rates biikoin at the end of the year. Therefore, even when the price of Biti recently dropped a coin, I'm not even worried. But some began to panic That's not new in the bitcoin, the price will drop but after it, it will rise again. It's actually an opportunity for those investors who wanted to earn money in a short period of time. They have to take advantage of the cheap bitcoin and should trust it to rise again. |
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The best way to stop is to lose a big a mount. Once you are exposed to big losses, you will think again before gambling stupid amounts of money, you will start gambling less and less, less often and for less money, to the point that you end up not gambling at all because you see how stupid it is to keep losing money. After a time, you will come back but you will have control over it, and will treat it as fun and nothing else.
Well, i can say that it does works. because i've been through it and i gamble a lot less now. i'm afraid to gamble big and i don't go after my losses anymore.  It is really very rare to see people are staying away from gambling and its problem. But you have done it congratulations. As you are doing, we need not to quit gambling completely but in order to avoid gambling problems we must gamble very rarely. Gambling with the very less amount and going for it occasionally will guarantee lesser to no gambling problems. Gamble occassionally only sure could prevent you to get addicted and get a lot of problems. But for a gambler who have already addicted it is can be another problem to make it realised. Everything back to your own personality, how you treat gambling to make it as a fine thing not causing any problem. And honestly, that should be the way on how the gamblers should play. By treating it as for entertainment, they should gamble occasionally not regularly. The more you gamble, you are prone to being addicted and basically it can destroy your life, let's live a balance life. |
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For me i gamble just sometimes only for fun, i don't believe that gambling could be really a real source of income or profit online. And its also risky method as known.
If you will make gambling as source of profit by just being a daily better then that is not considered as source of profit. Because you are just depending on your luck and there is no assurance that you will win daily and it is not even called as profit. That is just simply called as the money you won or winning. taking risk in gambling never be a good idea to make money. that is why a lot of people suggesting just to gamble for fun as gambling itself generally designed for entertainment , it is just a people initiative to make gambling source income because they feel it was the easiest way to earn money. Yes many people make this gambling as a there daily source, and someone makes this as a regular job to earn money, But this is wrong, in gambling making money is not easy. When they lose all money, that time they get to know about this problem. SO my suggestion just treats gambling as a fun game and enjoy the game that's it. It's right when you are making money in gambling, you said that some are making it as their regular job and if we talk about regular job it should always result to payday, so probably these people are professional enough and skillful as well to make gambling unto their advantage and just work a little hours to collect money in gambling. Even though its hard to believe that there are professional gamblers who are making good money and making gambling as their career. They are just experienced ones and already know gambling works and let's just be happy that they are able to get some decent profit. I can't even get decent profit in gambling so I will just treat it as source of entertainment. That does not automatically win that when you are a professional gambler you already win most of the time, it still depend on the situation. The only difference compared to a typical gambler is they do not rely on luck but they believe in their skills that it would bring them win and be victorious. |
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The results are good. It is very encouraging to new comers to the bitcoin game and to investing.
I also tried moneypot and they pretty useless. Like only a few % over such a long time its ridiculous .
Now I see tour results so I know where to invest. Great advertising for these sites as well.
Yeah, if someone already shown the proof of their profits as bankroll, so others could consider where they are going to invest. Nice profits he got from betting.io and cryptogames I thought. Normally a popular gambling site will give you a better profit and the gambling site you mentioned are both popular and reputable IMO. If you invest, you can for sure make profit but up to the amount you invested, being too confident will help as it would attract you to put bigger investment. |
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I think the way to get a steady income is to work and you will be assigned the revenue each month, or you have a business because you can collect revenue for each day. bitcoin only you can do to have the extra income is not regular income.
Whatever you is to find something you enjoy and the money will come into your wallet. Normally you need to save at least 10% of you income on autopilot, your saving will grow slowly. Every extra can make a huge difference, even if you get some bitcoin every week, is money you will not have it on the first place. It's better to save slowly as long as it's consistent, you have to be consistent in saving and with that you can easily hit your targeted savings amount. Always put in your mind that you will need that for the future in case you will find a good investment. |
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I think , No. Because, there are many stories in which many rich people get vanished ( poor ) with their gambling addiction. I will gamble but for fun only. I will not make it my addiction. Better than this, I will plan to make more profit by doing any stable business .
A rich people will not go allin if they gambling , they know what they are doing. So i think there only few case when a rich people become poor because lost a lot of money in gambling. Gamble only amount that you can afford to lose is something important to noticed even you rich. It's for sure they will not go all in because they are playing for fun and they want to enjoy their time in gambling. When you go all in you can only play like a little time and why would you do that if you are not aiming anymore of the money, you should be smart as a rich person. |
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i think my best strategy. well im using 50:50 ratio on my money 50% in btc and the other 50% is in gambling site now i have more stable source of income monthly i don't gamble too much . im just gambling if i have a bonus or some small amount to be spend of just to have a fun activity. use my method and you will gain stable source of income Like the others i also use the method of 50:50 ratio, but it was purely on investment site or hyip since i don't know how to gamble. i use to put on site with small ROI than those sites that will offer you a high percentage of ROI. I also use the strategy of compounding. instead of withdrawing immediately my earnings, i will re invest again and again for 20 days before getting my earnings, with that strategy i can earn more.. It I were you, I would stay away from HYIP. Investing in gambling sites does not require you to know how to gamble. You just need to put your money in the sites bankroll, yeah it's sites because you are going to diversify your investment here to be less risky on your part. |
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bitcoin just needs proper marketing for people to understand it so that it gains popularity and gets to be a global currency
Right now, bitcoin is increasingly adopted by all because of its good feedback among the users. All we need to do now, as bitcoin users, is to promote bitcoin to many people so that we could come to a near possibility of making bitcoin as a global currency, in a sense that we could make transactions across borders with the use of bitcoin as payment. you're right bitcoin is growing because of the feedback of the users like us that's why they're investing in btc the more investor the more btc will grow. todate bitcoin is known as cryptocurrency that's there still people who don't know about what is bitcoin. that's why im encouraging my friends to invest in bitcoin to gain profit which is a good start for a new user of bitcoin Indeed mate.. because of us we're encouraging some of our closes friends and relatives to invest with bitcoins and that's why we are growing.. however, it may sound appealing to others but some don't seem like they interest with it. So I believe it would really take a lot of years before bitcoin will become a global currency. i think the way many of us represent bitcoin to their friends need some improvement. also if you hear it from just one source you tend to be careful, but if you hear it from different sources you might get interested. another problem is the information you find if you try to find out about bitcoin on your own. we could and should improve this. I believe it's easy to encourage a person if bitcoin is his interest, only a person with open mind will be able to understand and study bitcoin and eventually will adopt on it. Bitcoin is for everyone but not everyone can and will adopt on it. |
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If all traders will be in panic selling definitely btc will hit a big dump.
When btc dump altcoins pump, thats the good thing will happen also.
So its good to invest your other btc in altcoin, and never put all
your money in just one basket.
Why would all do that? It will only happen if there is a bad news about bitcoin and it was confirm that bitcoin will become worthless, though majority will panic selling but if the whales are here to stay bitcoin will still rise, that is how the game is being played here. |
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I choose to invest in bitcoin since i do not afford to inveat in gold and also i like the services of bitcoin and i can maximize my earning just giving more time in bitcoin not only waiting for profit we can work to increase our profit.
You can buy gold in small ounces too or just invest it in gold markets where you don't have to physically hold the gold. Gold is more stable in terms of price swings than Bitcoin though. So if you have a lower risk tolerance, gold might be for you. But, if you prefer higher risk with higher returns, then probably Bitcoin is a good option. Actually, you can buy even a few grams of gold. There are a lot of gold vendors who are offering smaller size gold bars starting as little as just 1 gram. They are best used as gifts, not for investment purposes though, since you may have to pay hefty premiums on these tiny shiny things. If you buy the bigger size gold bars (say, from 1 ounce) you will get much better prices per ounce:  Investing in gold derivatives market can be tricky, and if you are going to just buy and hold gold, these are not for you It would only conclude that if you want to have some kind of decoration or a gift you can buy gold with a small size but if you want to make money or consider gold as you investment you need to raise a decent capital to buy gold bars. We have to determine our financial capability whether we can afford to invest or not. |
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I don't spend much at all so my money's building up, but at the same time I'm not saving it. I'm trying to save up to open businesses to grow that capital, there just isn't enough return in saving accounts etc atm.
should not too much spending, as wasteful is a very bad thing and can make you poor, manage the financial is a good thing save your money and use some to do business was a great plan The problem is that we don't know what to do with the money, we don't have a plan or something like a place to invest to get some revenue... Since this is a global forum, we can see people that live in rich countries and others that live in poor ones, so we have a lot of different minimum wages here and everyone receive a diferent amount at the end of the month. Regardless of how much you earn, you still need to learn how to manage your money. That's the basic thing you need to learn, your maturity will determine on the do you manage your money, when you cannot be trusted with small things then for sure in bigger things you will not. |
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What's your price, I love to learn magic. I hope you have something new to offer as almost all of the magic tricks was already seen by me in youtube and other sites.. Maybe you can post here and be more specific with what you are trying to tell to all of us.
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Assuming the price of bitcoin reached 2000 USD in the next 5 years. Doing the math for 1m USD then ($2000/1BTC)*(xBTC/$1000000) =2000x/1000000 = 500 BTC. So I think we need 500 BTC to be able to have 1 million USD in the next 5 years which I think very possible for BTC to reach 2000 USD due to adoption, update and upgrades of BTC.
The real catch must be how it could be sure that bitcoin will reach $2000 in next five years. In next five years bitcoin will have one more halving, so the demand will increase but people should not damp on seeing higher price levels. Only demand will not help bitcoin to reach higher prices, there must be enough business/spending opportunities to keep on circulating bitcoins so that bitcoin will have huge prices like $2000. Dude, there no impossible in the bitcoin world, the price of bitcoin moves base on the trust of the people. When people trust it will create demand and you have to understand that the future is uncertain and we are just betting on the price of bitcoin to increase. The current price is $700+ and it is a doubled price for this year and if this will continue in 5 years we might even hit more than $2,000. |
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Selling everything is not an option because its gonna be profitable soon or layer, this means that you are just throwing away money and that is not smart at all.
I would never sell them all....
i am also not in favour of selling every thing. i will like to sell only those things that i do not need any more, and that can be useful for others, therefore selling those things for bitcoin which are no more in my use is ok. Usually when you do not need it anymore that would also be worthless for other people, if we talk about bitcoin it can never be useless for a real investor as we believe in the value of bitcoins and here we are hoping for the price of bitcoin to increase in the future therefore we invest in the long term. |
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It is possible that bitcoin will be majorly used as currency in online transaction, but in Real Life application as currency where we have to buy in the neighborhood and use bitcoin as currency is a bit vague. The reason for this is that there are lots of people who is 1) not computer literate, 2) have no access to internet, 3) doubtful about bitcoin 4) ignorant about bitcoin.
Your points are right, but still you can see bitcoin users numbers are increasing day to day. So, it is a proof that in the coming years the number will be grow more, and also in future many peoples like to use the online ways, So bitcoin is one of them, which i believe peoples specially those peoples who don't know about it, they definitely try to use it, and the second kind of those peoples who are ignoring the bitcoin, they also start in future. There's no question that bitcoin will be more popular in the future as you said the users are increasing as they believe in bitcoin, absolutely it could happen but the question is, will bitcoin be used by almost everyone in 2022? Definitely the answer is no. |
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In trading, you will not only focus for one coin because you don't know when will the prices goes up and falls down. Trading is really unpredictable, you need time for that to observe or monitor. You should always be updated and aware.
if you invest only on one coin then you just need only to focus on the coin you're investing,otherwise you can still take a look into another coins to see its potential but still the coin have been invested is the main priority and your only way to make profit Definitely focus is the most important when in trading, you are right we need to focus only with few coins so it will not consume too much of our time and we will be able to analyze how the coins move and that would make the unpredictable job easy for us. |
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The main rule about manage is never spend more then we earn, otherwise we will get into troubles very fast, credit its something easy to get and use, the problem is to repay and cover it, several people has a problem handling those.
I too truelly beieve in that. Always spend less than the amount we do earn and save the rest for the rainy days, don't try to spend more than what you earn because if you do so then I am wondering where you could get to cover for the extra you've spent. Then it obviously will lead to getting loans. Loans and its interests will spoil our savings and our happily life too. This is the ideal situation. But sometimes earnings are not enough for all the needs. Especially if they are unplanned. Then you have to look for additional sources of income It's always good to do both, if you have a good income you still have to leave below your means, in that way you will be able to save money and might have a chance to invest in the future. The problem for most of us here is we change our lifestyle if we have receive a bigger income which is not good IMO. My way to manage money is i always put the needs of my family into priority in spending my money and the rest of money left is i save it in times of emergency or shortage of budget. I must make sure to it that there is a money saved so that i can avoid loans because it makes us out of savings if we are having debts and that time could result to financial crisis. We must invest our savings for new business which fits to the technology nowadays and think of new business ideas which generates good profit in order to have better future of your family. Well definitely this should be the right way to manage your money. Though some people put the savings first then fit the rest of the money to their needs. Because for them, giving priority to savings will make you spend your money wisely since there will be a limited budget for the daily needs of the family and with the limited budget, you are able to put the money to the most important stuff rather than spending it to less important things. A hard way to do but it's the best way, when you can do save first before your spending you are building an attitude of a real businessman that will be successful in the future, that's how they think and they put discipline in everything. They are willing to sacrifice for their future. |
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I already saved 600$ worth of bitcoin from today. I was saving it to buy myself a brand new laptop which costs around 700-750$ on xmas or new year, but the earlier the better. I would like to buy it because it would be a big help in my job.
i think it will be possible to reach 700$ on xmas because bitcoin price will inflate when that time comes. Based on my experience last year. Bitcoin price double it's price when christmas season and new year is coming, So just braced yourself and don't risk your btc on other investment to make sure the profit. Goodluck Actually you are already late, we are in the $700 level now and you say christmas comes early with bitcoin, but do not be contented with that as seems the price does not neutralize yet, maybe there's another increase because the price is consistent and if it will continue we might react $1,000 by Christmas. Yes, the prediction on bitcoins falls up to 1000 dollars by the end of this year. that was really amazing. that's why i am starting to save bitcoins on my wallet now and keep it until new year. i hope that this prediction will come true, and as i observe this is really possible. and due to its demand, many people already using bitcoins that makes its value more higher and higher yes as some people are thinking that this time bitcoin can easily cross all time high level at the end of this year or just in the start of 2017, but i think the task is not so easy to achieve. If they are thinking that the price of bitcoin will rise then that's good.. At least they are too optimistic about the future of bitcoin and actually no one knows what will happen in the future therefore it's hard to conclude yet and let them think of what they want as that's their money and they have to decide it. |
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I do believe that it is easier to make a illegal transaction with bitcoin than paper money, evidence are not seen by eyes, unless they would start searching you and you haven't destroyed your phones wallet or your laptops. paper money is so obvious when making a transaction, unlike in bitcoin, you can even do it without talking personally.
Yes, in bitcoin there is no paper trail and since it is an anonymous transaction this bitcoin is the afvorite mode of payment in illegal activities. Ussually those illegal activities are involved in drug trade. Due to the fact that bitcoin is anonymous by nature it can be use of illegal activities and that's why people with illegal activities are making a huge demand for bitcoin because they are regularly transacting and using bitcoin. There is no way to control them but they can help boost the economy of bitcoin. |
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As of favorite, soccer is to what I give status of my favorite game for gambling. I like many games and that is the reason I do frequently gambling with those too. Which are roulette,poker and blackjack they come at most highly liked games after sports betting. Soccer is best among all to make some money from gambling so far.
You are really an sports enthusiast, you love sports betting and I think everybody who loves sports loves sports betting as well. The fact that we can watch the game live, we are too convince that games are not rigged so it gives additional thrill and we are enjoying it as in a day to day basis there's a lot of games you can found. |
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