Probably best way for making profit in gambling is to not gamble. Other ways are just risk, and there is no easy way to make profit at gambling.
From all gambling games I think sport bettings is most easiest, fair and safe way to make some profit. There is many games, its always easy to find some safe bet with not so big odd. Other ways are just luck, if you have luck you will win.
You are right, gambling is not meant for profit, players should only view it as entertainment and never bet any amounts they are not ready to lose. But what happened , while they win a bulk of satoshi from gambling and becoming greedy . It's not for entertainment yet , but will become for the seek of income because they really excited about getting profit with it as they don't care about loss or they want to recover the losses. Most gamblers have the same aim of having a profit everytime they play gambling and some becoming greedy in those times that they are experiencing winning streaks and they keep betting hoping for more profits and thinking for recovering the losses in the past which usually happens to a gambler but sad to say, they even lose more. |
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If you ask me i prefer gambling rather than trading i feel more excited when i play gambling eventhough its more possible to earn profit in trading rather in gambling, in trading i need to wait quite long to earn some profit and there are a lot of games in gambling so i wont get bored
It looks you misunderstood both of them because gambling only for enjoyment as you said but if you think can make a quick profit from gambling then you're wrong, and you may lose a lot of money in short time. Yes, trading may take a long time to give profits but safer to earn money than losing money in gambling. I gamble only for fun and trading is for earning. We have different mentality and i would argue with you since its your own view when it regards to gambling and trading. I agree that trading would give you slow profits but it is much safer than you do in gambling. Treat gambling just for entertainment not for profit purposes because for sure it would destroy all your expectations. |
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i would just save all the bitcoin and not do anything with it, that would be the best as i would make money
Me either I'm going to save all of it if someone is going to give me that amount. Because it is better to be safe if you are just going to wait for the price of bitcoin to increase and before you are going to do something with that amount. After holding it I'm going to do some investments that is going to satisfy me. That thing would be the wisest thing to do because we are already securing our future with the help of those bitcoins because we believe that bitcoins price would increase in the future and thats the right time to use all that stored bitcoins which are kept for too long well its worth of the waiting time  |
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Bitcoin can not make banks disappear there are lot of reasons for this to not happen. The main is limited supply of Bitcoin and value of it the higher the value is the lesser people (common people) will use it. Bitcoin will exist but we will see no competition between banks and Bitcoin and they will work hand in hands in future. Banks provide a large range of services which Bitcoin can not offer due to its nature and complexity which is advantage for banks.
Bank and bitcoin have differences since banks are just storage and not a currency itself, Therefore even bitcoin would be developed in the future it wouldnt harm or give any threats to banks since bitcoin is a digital currency after all if those holders want to store their huge amount of bitcoin maybe someone would create a bitcoin bank. storing all thier physical coins. Just my opinion. |
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Would be gross to watch this happen, BTC losing most of it's value.
I personally highly doubt it will happen but WHO KNOWS!
Even though bitcoins price as of now is dropping but it wont never reach $350 mark since its too low. Its impossible for bitcoin to drop its price,as we all know that bitcoin price is unstable it would definitely rise and fall its price but not as much as low as OP's speculation. Exactly we may see price drop in future but it won't fall that low, I don't see it going below $500 ever and $350 is surely not possible as that price is too low for bitcoin now. If bitcoins price would go to that lowest price maybe there would be a problem in bitcoin or maybe some huge bitcoin holders are dumping or selling their coins on cheap prices. But i guess the price would increase after that since many people would definitely buy on which bitcoins price is lower because they believe its a good opportunity to buy. |
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Don't rush things, wait for the right time. I am also a newbie, spending some of my time in here by reading and participating in the discussion. I don't think much about the signature campaign because there is no way for you to get a high rank account in a short period of time, it will take months. Right now, just enjoy participating in the discussion, you might not notice that your ranking is getting higher.  Thats right, dont rush up things so easily, it would take time to learn about things in here and things related to bitcoin. Those effort would be worth it when the right time approach. You wont notice your ranking up fast just focus on participating discussions which could be very helpful to you. |
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worst mistake in gambling for everybody (i have made this mistake in my life) is that you bet more than you can afford to lose. you should never get greedy in gambling and always try to stay on top of your bets and make the wise choices so that you make the best out of the strategy that you are using in gambling.
the worst mistake people do while gambling is that they were so greedy, the greedy sense dont allow people to make wise decision, control your mind and stop it when you have to stop and obtain the profits. Its for me too! Chase the loss and more greed to get more. It is the greedy ones the casino wants. The worst fpr me is to put too much in and make a bet too high. Like on slots so I stay with dice maybe. We must learn not to be greedy and to control spending. chasing your losses is probably the worst thing you can do when gambling your money, in my opinion it would be way better to just not gamble at all, i have never had such problems I think its easy for you to say. Would you expect a man stopping instantly in gambling who experienced both winning and losing? And now having a loss wants you to take back tour money by winning it. I think not all people are with the same mindset of yours right? There are really people who really just want to stop immediately after winning a jackpot. And also there's someone that who is really want more winning after winning a jackpot already. Yes, it is easy to say for us to stop in the game that totally attach to us. But of course it is depending of a person if they really want to continue playing or not. Agree, we have different decisions on any thing. In gambling there are some of people would stop after hitting the jackpot because that already their mindset or goal for that day and some would continue to play even if they won the jackpot already because they are hoping for more money. |
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Gambling can be an illness ifi causes the destruction to one and other around or financial difficulty as well. This is why there experts to help ga!blera with the addictions they have and suffer from.
gambling is a disease, so many negative impacts. especially if we play under addicted and can not control themselves. if you want to gamble, at least you were able to control themselves, so it does not become something bad. How you know that gambling is decease? gambling is a kind of game that giving entertainment to people not for giving a disease. Maybe you are saying that addiction can be a sickness because its number one that you can get in gambling that can hit your life miserable. whether the results show many people are entertained? or many people become rich because of gambling? of course not, they mostly become damaged because of gambling. and yes, addiction is a disease, it can make a person's life is destroyed, not only that, but so many other harm. The real thing here is about gambling addiction not in gambling game itself but they are all just the same. Gambling addiction would definitely wreck your life in the end because there no such being rich in doing gambling, some may say its for entertainment but the result is still the same which youll end nothing. For me, there are three types of gambler: 1. ordinary gambler that bets randomly (usually always a loser) 2. professional gambler (they lose some and they win some), and 3. Gambling just for fun. The first type of a gambler usually gets busted right away when they bet, but professional gamblers stand for longer sessions. The one that is prone to messing with life is the first type of gambler, the one that profits big or small are professional gamblers, and the one that is very happy is the gambler that plays for fun only Only those in the number 3 you have mentioned which is gambling for fun will never consider gambling as sickness because the more they play the more they enjoy their gambling hobbies. I hope all the people are like that so they would not have any problem afterwards. Even you said treating gambling as a hobby but theres still a bad thing since everytime you gamble theres a money involved even if you said you only bet small amount but you play everyday and keep lossing then those amount would be pile up and would be a huge amount which is a really bad thing in doing gambling. |
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Not all the time, there are gamblers that are not after those excitement and thrilling life , sometimes they are after the profit...
Yup! I would agree with these, not all gambler mind set are the same and not all have the same goal when they are betting gambling, all of them have a different kind of way of thinking that is why some of them ending up addicted with gambling and some that can control the urge in getting addicted will still be the same that is why you can never say that all of them are like these and like that! And I would like to add also that gambling is only for people with great control in gambling and who are matured enough to determine what is the right thing to do in gambling, one should not be easily tempted to follow his emotions and will resort to wrong decision making like chasing bets until he lose. True, gambling always needs self-discipline/self-control, if you don't have this, for sure you will just wasting your time in gambling and you will just lose your money. If we see gambling as if we can earn money, better stop immediately because that is not good. But if we see gambling as just an entertainment and not to make profit then I think it is fine for you to play. I agree with you. You need to control your emotions and manage your expectations before starting to gamble. It is best to gamble reasonably. Set your self a certain amount as max loss per day,and when you reach this loss stop to gamble. Don't get addicted. True self-control is necessary in order not to regulate gambling addiction. Organize betting is very necessary in order to minimize losses. People get hooked on gambling probably because gambling was fun and could benefit so that they continue to play and earn a profit. The expectation of having a profit in gambling would not work or happens all the time. It may go to the opposite way that you expected and that the time where greediness would come up and even your experiencing losing streaks you keep on betting. As you said self-control is needed to control these such situations and youll not easily get addicted to gambling. |
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I don't think your method will really work, because it's depending in gambling, and tha&t's risky as known. It's better for you to collect your earnings from faucet and hold it in your wallet.
All i can say that it would be better if he/she stays away with those faucets because its really time consuming and it could gain you a little satohis out of it which is not worth for your time.The hardest part is when you gamble all your faucet earning and lose then you would definitely cry because you made effort for nothing. |
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It's easy to earn bitcoin by doing signature campaign. You're getting paid by doing what you are already doing, you just have to put an advertisement on your signature. But, you have to be careful and you should post constructive and on topic posts because otherwise, no one will accept you in a campaign. Another thing, the population of people here are so much that it's starting to get hard to get into a campaign. That's why I recommend joining a signature campaign that seems to last a long time instead of hopping from a signature campaign into another.
It is easy for the ones who are old into this forum and knows what to write and where to write it but it is obviously not easy for the ones who are new to this industry and does not have any knowledge for writing anything. I think they should spend some time here on regular basis and gain knowledge first and then join any campaign, and then their knowledge related to bitcoin will reflect in their posts. Well thats right, the reflection of their knowledge through their posts would only be visible if they spend quite a lot of time only in reading and understanding the things around them or about bitcoin because the knowledge they will get from that would only be of good use later on when they will have to choose anything they will have the idea if what would be the best for them. Its better to learn things first about bitcoin and other things related into it before you rush up to join in signature camapaigns so that you would be ready enough to participate and you already know what would you do if you are already there. Unlike having joining directly without any knowledge would lead you to have a big problems on joining campaigns. |
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i think mining is best solution, now i can earn arround $8 perday , and currently im trying to build new mining rig maybe in the end of this year i can earn $1 perday well, mining could be a solution I can agree with you. but everyone can't do this. everyone can't afford to buy all mining equipments and necessary stuffs to start mining. it is very expensive and if someone buy mining rigs etc some how then it need more expensive electric and power supply. but yes. if someone have enough money to get all these important needs then mining is best option for him. yes the fact that mining has always need big capital. especially if you mining bitcoin, the equipment is more expensive than just mining altcoin, which could use the VGA and PSU. I have a plan to build a rig with VGA and mine ETH, like my friend, who can get 0.012-0.013 BTC/day Im really curious about mining ETH since i dont know what would be the set up and what mining equipments would be used and how much would be the potential income per day basis. Does it compared to bitcoin mining or just a little bit easier to mine? |
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The worst which could have happened to us has already happened.
Another exchange got hacked and we dropped down pretty hard to 465.
That was the bottom.BFX is online again and the price only can move up again if not another major exchange will have any serious issues.That is the only scenario I could imagine BTC to dive down to a 300 range. But this is not very likely imo.
Indeed, this hacking incident on BFX is dragging the bitcoin price. Another negative news will further pull it back. Though BFX got online, but recovery is slow but surely it will go back to the price before it crash. More people are hopeful that after this controversy,bitcoin will be on its feet again to jump  Bfx incident causes the bitcoins price to drop its price drastically but it doesnt mean that it would go lower than $350, maybe if theres another hacking incident then it would be possible. It really depends on such circumstances that really affects the price. We can expect that bitcoins price would go rise up again after the incident and would fully recover its price or even more. |
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In my opinion, it should not only be passively disallowed but actively disallowed and should be expressly stated and the reason for my position is this, if I can build my rank to HERO level then sell to someone else who is likely a scammer then he can scam innocent people or newbies in the system thereby bringing insanity and lack of trust into the forum this alone is enough reason to disallow it in totality...
You cant stop the decision of the people would intend to sell their account, it may have disadvantages because some would use it to scam people, pretending to be a high rank forum member because all of us here would definitely have trust on those seniors to us. Even the forum itself would hardly stop these things i guess. |
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In my experience, buying the dip on currencies that have a decent bought of volume has delivered good results. Of course you never know what is a dip and what is a top.. you need luck. Example, ETC dipped, I bought, and now im making money as it goes higher.
Yes studying the current trend why the price sits in a certain range will really help us to plan our next trading moves. Yes it's not accurate but at least you have an overview on what will supposed to be happen. And besides it's really interesting to make an own strategy and you will see good result after. It is true, if you are new in trading, make sure you start with a little amount for your trading since you do not know how the market would react so most of the time you fail on your prediction, but with little amount you can manage your losses and what is important is you can learned. The moment you have learned already, that is the time to set up a huge capital for trading. yeah. if you want to become a successful trader then you actually have to try everything yourself with small amounts of money to be able to trade bigger in the future Even in real business, you need to start small as there is no guarantee that when we start we will automatically succeed. Most of the time in the first try we fail so to minimize the risk we need to put only a little but a decent amount to learned how to trade. your right, before achieving success, We surely would undergo failure. I had a friend who had three times failed in estate ventures, but he never gave up, so eventually this time he was successful. and the point in trading is patience. Its normal for us to suffer such failures in life before achieving succesful things ahead. Just consider and be ready that you would definitely exprience these things because its part of the learning process. You would learn everytime you have made a mistake in such things. |
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I am not good in managing my money because i don't plan how to spend money and where to use that money, So my savings are almost Nil, I spend all my bitcoins i received from a signature campaign.
So you should learn how to save mate, you will only realize that when time comes that you badly need money because of some emergencies, lucky you are if you have your parents that would give you but still it is good to stand on our own. Could not agree more. Saving money is one of the best way to manage our money but that is not only that. We also need to budget some of our money for tithe, for charity, for emergency, for investment, and for fun Your savings should be divided in different composition but the most important is to appropriate a bigger budget for your investment. It is your chance to prove yourself that you can have your own and you can manage your money to make money and would not rely only on working with other company to receive a salary. Having a savings for yourself would be the best move or thing to do since you can make an investment out of it,same as you said. You can prove out to yourself that you can stand on your own and doesnt rely too much in your salary in a company. Just have a strong discipline on managing your money and how would it be spent . |
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I will suggest you to not do it, making a living by only depend on betting or gambling is very bad choice, even if you say that you knowledge but the sport, but not every match can guarantee your winning, I think its the best just betting or gambling for fun, dont depend your live on gambling
Yes, depending on gambling or betting earnings is a very dangerous thing to do. Even though sports betting is skill based but we can't win all bets so it is quite dangerous and these also odds are not always high even few we lose also our profit may go down a lot. I will not make this mistake because gambling is not for earning money. Gambling will certainly defeat, so we won't be apart from the defeat. Sport betting gambling much better than the lottery, for sport betting relying on thought and predicted that strong, so that if the predictions of the gamblers are not good so the gamblers could stop and search for gambling to another. This is a sure thing and we can only do so with great caution, do not get addicted to ruin our lives Addiction would be the main problem if you engage too much to gambling games. Agree sport betting is better than lottery and it all depends on the predictions of each gambler and the trust for their teams and anytime you should expect that luck doesnt come your way anytime in every time you predict. |
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4000$ is simply not possible to achieve in this year as we have not even crossed 1000$ yet, so 4000$ will take long time to achieve and may be in next 10 years we will see that price.
I do strongly agree with your statement since bitcoins price didnt even pass the $800 mark then it hardly impossible for bitcoin to reach $4000 price as you see the rise and fall of bitcoin as of now. Its really hard to tell how does it move it upcoming years to pass. |
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I know a guy that bought a bunch of BTC in 2011 when my friend and I were first getting into it and he has never ever sold a single coin.
I have called him every climb and every collapse and he shrugs it off. He mystifies me.
He definitely trust the potential of bitcoin in the future since he doesnt even have plan to spent every single coin out of his coins which is also a good discipline to himself. He would probably get a good profit in upcoming years when bitcoin price reach to the moon and thats worth it for keeping hte coins for so long. |
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Hi all,
I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it. Both online and hardware wallet have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost you can retrieve it. |
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