Hi traders!
Does somebody here do trading in stock market and also trading in bitcoin? Which is more profitable and safe?
Thanks ahead!
Slow profit or higher profit with similar risk (that is how I see both now anyway). Which one would you choose? The only thing that makes stock different from bitcoin is that it is very much recognised but that doesn't mean you cannot loose money in stock market. However, bitcoin is becoming even more known and the awareness is growing every day with a larger audience each day and this is absolutely reducing the risk we may have. I think it is best to know that bitcoin like any other currency is in an open market and it is in our hands if we want to dump all or not. What we do now determine its value. |
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I didn't dump my Bitcoin, I always holding most of my Bitcoin and just cashing out 1/4 of it everytime. Others are dumping Bitcoin because they are afraid that Bitcoin will not get back up, they are afraid when they saw Bitcoin is falling and never thought that it might go up again. As for me i've been in their shoes before when i was still new in Bitcoin.
The smart ones are of course looking for days like this and I so much love those 3 quick points you dropped. The truth is we can never stop people from dumping anyways. We are still in the initial stage and bitcoin is gradually getting noticed by the day and it takes some experience or information about bitcoin not to actually dump in the first place. Even on this thread, so many newbies were scared and asked questions what could be going on but at some point they had some balls to hold. Not every newbie had that opportunity and not everyone will. |
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In 2013, I wished I was an early bird who bought BTC in 2009. In 2017, nevermind. Thank God I bought 4 years ago Actually, same in 2020  I regret the time that the price of the bitcoin is not yet expensive. I wished that I bought many bitcoins in 2009. I really want to have many bitcoins and sell it in the near future. You shouldn’t start regretting yet my friend! You should regret in few years time if you did not partake in today's value and you allow yourself to start dragging bitcoin's price with newbie then at its value. I have learnt in my life not to regret anything as long as I cannot make any changes to it. The most important thing is what am I doing now, to make sure that I don't make that mistake again ? Even if I fail, at least it is better to make an attempt than not making at all. With this one however, I sure know I ain't going to fail. |
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The value of ethereum and all crypto is derived from the current market value of btc.
Historically, this has been true. However, I think some of the other major cryptos, like ETH, are slowly starting to decouple from BTC. A few years ago, bitcoin was the only crypto that could be converted to fiat, and everything else traded against bitcoin. That's no longer the case, now that major exchanges like coinbase support converting some of the other major cryptos directly to fiat. When bitcoin falls, almost everything else still falls with it. But when bitcoin is stable or increasing, some of the other cryptos take off. Look how much ETH exploded earlier this year. In percentage terms, there was a period of time when it was increasing a lot faster than bitcoin. You should keep your eyes on the crypto market, and as you realize that a specific currency is more valuable you should invest in that. The currency gains its value because of the people behavior and attitude. Where the people invest the price will go high and when the price of a certain thing goes high most of the people invest there. So it is all about the market cap and value that attract the people. |
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Well I do panic like. "Ohw! The price of bitcoin falls for 2 consecutive days for about 500$, I need to buy some coins." Then two days later, it gets even lower. That's the time when regrets hit me   It is even very bad selling at this point in time cause any prediction may be wrong except you want to take risk. However, you may study the market and see if there may be some opportunity at that point, otherwise you may end up buying at the wrong position. You could have just followed the first china news and predict what happens, probably you would have sold then at $4500 like I did and be smiling when buying more now at every dip. However, every mistake is an experience to do it better next time. |
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Well you're right, no winning strategies here but having systems like martigale definitely makes it more fun than just randomly placing bets, which can make the game boring the longer you play. I haven't really learned any other dice strategies aside from martingale and i haven't been enjoying dice for a long time since losing a big amount.
Random bets are better then some strategy in my experience. Dice game is simple game, but it force us to rise bets every time we lose and because of that many times I lost all my money. Martingale is the worst strategy ever invented, I tried to play martingale so many times with different amounts and I that always end up with similar results. I had few wins but much more loses with martingale strategy, and now I like to play dices without some wish to win big that is almost impossible in dices, I have fun I make couple bets and if I'm lucky good if not I stop with playing, before I thought differently but after so many hours spent on playing dice game I think is very hard to make money in dice game in long run. I guess you were right, random bets would be better if you are not lucky enough with the martingale strategy because in the long run you will be the one who will lost all of the money by doing the martingale strategy. I think you should use your main strategy as you are using when you are winning in some bets. Yeah I think even if you use any strategy or tactics in dice games the probability of winning will still be low since dice games is just based on your luck you can't predict what will be the result on every rolls of it. It's just luck based games so I think that it would be impossible for you to win against the house. Dice, slots and roulette do not offer any sort of strategies. These all games are random ones. So if someone claims that he has cool trick for anyone of these, just forget what he said. I have been playing dice games and tried to do analysis also but all was in vain. That is why I play poker now. |
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I'm a customer of betonline (tigergaming) and don't want to use coinbase, even through an intermediary wallet, because they can and will trace the account, so where can I sell my btc?
If agree with my terms I can buy your bitcoins through almost any payment method, if you are looking for cash Money Gram and Western Union, I charge a 5% fee below on preev last price and you cover transfer and escrow fees. Very efficient, you seem to be well aware of the powers of bitcoins and a serious person who has big dreams and high goals. Bitcoins will be making you rich in the future and this is a very clever move indeed. The price is again gaining value, there can be a decrease but still it will be beneficial in the long run. |
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Every business needs one plan first. Make a plan , study the market, read a lot, think what can you offer that others don't until know and then start applying your plan. That is a must for every business starter. There are quite a lot of ways to earn through bitcoin , you just need to be creative.
This is a very good way to start. Like I said initially, you need to have a plan and make sure you follow through. Opting into business without doing proper analysis will make you opt out so fast. Do you know how feasible your project is going to be ? Have you done a SWOT analysis to know if your business will thrive ? Do you even have a profitability estimate ? All these and more is what your business plan will answer for you. However, make sure you understand the industry you are getting into perfectly well first. |
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I've no idea. Right now I'm completely befuddled. Bitcoin will likely do one of ony 2 things imho. 1) go back to 5k FAST. 2) go back to 2.5k FASTER. The 'ways' of bitcoin are mysterious to me. Yes many times did notice always downfall do happen quicker than upward surging. But I am not finding any possibilities for the prices to go below $3000 levels as restoration of bull run has already initiated and we may see $6000 levels in this rally so $5000 levels may happen within next week and by end of this month we may see prices nearing $6000 levels. As long prices are not breaking $2800 we never need to worry about drastic downfall and I am sure that breaking the big physiological resistance $3000 also will not be possible with current trends after China's regulations on various crypto initiatives. |
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You mean holding?
yeah of course i'm currently holding bitcoin that i have and continue keep be patient waiting for bitcoin prices can rising much higher than now. And that's sure to happening, and i don't think my holding will not vain because it's there are has predicted bitcoin price definitely will soaring again in the next month.
You mean holding?
yeah of course i'm currently holding bitcoin that i have and continue keep be patient waiting for bitcoin prices can rising much higher than now. And that's sure to happening, and i don't think my holding will not vain because it's there are has predicted bitcoin price definitely will soaring again in the next month.
Already bitcoin has recovered half of its losses and I guess before coming Monday, prices may recover up to $4000+ levels. China's recent regulations on ICOs and crypto exchanges had triggered the down fall but only due to panic most of the traders decided to sell their positions and when they do see prices recovering then they will come back with more investments to restore prices to above $4500 levels. I am also hodling and I am sure in next 15 days we may see prices to test $6000 levels as part of bitcoin's journey toward $10k levels by December 2017. |
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I have regretted selling so many of my altcoins for a rate that was below than the ICO price as well. They had been low for months but because I couldn't risk the money on the exchanges, I sold them at a low rate while now they've almost reached 5 times their original value. I lack patience which is needed when trading.
I would suggest you to invest it in ETH rather than an ICO. ETH was about $40 3-4 months back and now it's $330. With $100, you can buy atleast 0.3 ETH which would be a great investment.
ETH? Every single person now is buying ETH? will that raise its price? plus 100$ is good? or should I raise it? I think you're extremely a newbie to this world. Please don't waste your money by investing in something which you really don't know well. Ethereum's all time high price was $400 and it's price is $340 right now. Yesterday, its price was only $300. So decide if you should buy ethereum carefully. This is a very good advise OP and as much as the decision is in your hands, you should thread carefully. If you are not so sure which coin to buy, I will advise you spread your tentacles and divide the funds but I will go for bitcoin anytime anyday and probably use the profit on value increase to get some ethereum as time goes on. Bitcoin has risen in % far more than ETH in the past few years, so decide! And now that the value of BTC is down, you have the best time in. |
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Maybe if they want to be recognized as a legal site then they have to pay taxes. If they do not pay taxes it's an illegal gambling site, and illegal means less security.
If gambling sites are created and operated in a country that prohibits gambling, then the site is definitely illegal and certainly will not need to pay taxes.
Gambling sites rather all the sites need to pay tax in order to get licensed by government. All such sites do pay taxes and as far as we are utilizing the facilities like internet and electricity, definitely we all are paying income taxes one way or the other. You cannot run an illegal site very easily. After all, all of our activities are locked. |
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2) To play with Martingale you need unlimited balance to recover losses
Not true. You only need enough to allow you for a certain number of multiplied bets. That number is usually at least 30, preferably more. If you start with 0,0001, a 10 bets will bring you up to over 0.1, 15 bets to over 3 btc and so on. Being able to make ~30 bets in a row should keep you safe, but still nobody does that. You'd need to trust the site with a lot of coins and the reward wouldn't be that high anyway. Something no matter how unlikely if you gave it enough time is going to eventually happen, having enough money to 30 bets is not enough, having money for 40 or 50 bets is not enough, if you keep playing is going to happen, this is why you see stories of people losing a fortune in the casino because they think it is never going to happen to them, that they are never going to lose 31 times in a row, but it happens all the time. How many bets are not mattered, while using martingale method the betting amount continuously increasing. sometimes you are ready to play with the high amount to win martingale run. for this reason only all the sites will put one limit you can not place more than that limit. so you must accept your defeat. investing in martingale method is a waste of money. For online gambling sites, where there is a limit to the amount you can bet with, using martingale is not a good idea. This method is beneficial if someone starts with placing bets of small amount and increases it every time. This way he can gamble more and his chance of winning also increases. Luck can show mercy in 10 or 15 shots definitely. |
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I do not often like to go to casinos in real life, because there is no anonymity. Now on the Internet with bitcoin I can enjoy an anonymous game at any time.
It is kind of obvious that if you play in a real life casino that you are not going to have any kind of anonymity there since these places have surveillance cameras everywhere, but since I do not care if people see me playing in a casino since in my country there is not a stigma associated with recreational gambling then I can show my face and no one cares if I’m gambling or not. That is true but now if we come to think of it, why would a person wants to stay anonymous. If he is hiding himself from government then I think it is not that much easy, our ISPs keep record of all of our activities that we perform on internet. If someone is trying to hide himself from other players, then online gambling is better. |
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BTC is most probably being the dominant chain, but nothing is certain.
bitcoin is the dominant cryptocurrency and will remain dominant because it has real usages! apart from being an investment that you make money from you can use it in real world in real shops to purchase real goods just like a currency. I agree with you that bitcoin is the first and dominant cryptocurrency among other cryptocurrencies and it will remain dominant because people trust in bitcoin than other altcoins. Although there are many altcoins survive in the market but I think it can’t compete bitcoin. Bitcoin is the mother currency of cryptocurrencies and his journey towards his destination is without any competitor. I think cryptocurrency at this stage is far of capturing the market completely. It would need more time to overcome fiat currency. |
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(Cartman voice)
Guys, guys. Look, u guys. Its goin back up! Isnt that kewwwl.
U guys, uguys.Think its gonna shoot back up u guys (he invested a couple thousand in it...)
I thinks its totally gonna shoot back up.
(Kyle puts hand to face)
It is just the matter of time unfortunately if it goes down it will comeback with huge profit and will give advantage to the investor who is holding it. if prices goes down one should hold the bitcoin and wait for right time and when it rise again then come into market and enjoy the most percentage of profit and get joyful life. So never think that it is going down. It will move one step back it will move 20 steps forward. |
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Damn, I've got 4 spots in my location  But is there any chance to estimate the amount or btc stored by people in my city? Not the number of people. It seems like making a survey seems like the only option or there is something else? Yes you are right, survey is very mandatory for calculating and collecting some information about a specific thing. But in this case the question is different. Survey is little bit difficult because nobody will tell you that how much bitcoin he has in his wallet when he bought it and would he use it till date. Because the financial position is a secret in my local city and that is the reason of unknowingness of local bitcoin market. |
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It will be no, a country using crypto currencies is a bad idea, the fluctuation will happened everyday and the retail shop need to change the price everyday and your salary will be fluctuative and the country will be controlled by whale who got a huge amount of Bitcoin, it will be miserable
A country must be economically stable or tends to become stable. Reason is, one country have to trade with a huge number of other countries every day. On the flip side, bitcoin have beauty of fluctuation continuously. Then how this water and fire can stay together empowering the economics of country. It is a hell no. |
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I am thinking .. to put all my money in bitcoin what do you think? is it a good way to grow my money? or it is risky or.. ?
I did not place all my funds to bitcoin I had invested it in different currencies because i believe that it is hard to put your money in one boat we never know when are we going to earn or loose. It is up to you if you will put all your money to bitcoin is just that it is too risky. If we look at the things from one angle, you are right. I think in that case, managing up the things and having the knowledge about so many different currencies is a bit difficult task. You need to work really hard. On the other hand, if you put in all your money at one place it will be very much easy to manage the things and make out more money with less hard work. |
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There are no exact percentage because it is all up to you, how much you want to make profit and how long you want to keep your investment, for a long term I suggest 75% of Bitcoin and 20% of eth and other 5% could be litecoin or ripple or BitcoinCash, but if you want a short term I suggest 50% of Bitcoin 20% of eth and the rest of the percentage is the mixing of the alt coin, it can be ripple, litecoin, OMG, nxt, nem depend on the market trend
Yes, there is no certain thumb rule for this. It is up to you and it is you who has to decide by keeping in mind all the possible factors. I think of you want to earn more money, and then you should definitely keep a significant amount of your earning in Bitcoins. You can have a small portion of your earning in order to fulfill you daily based needs. The choice is totally yours. Do what seems best suitable to you. |
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