As far as I know a successful trade is a trade where you booked a profit. One of the goal of trading is to buy low and sell high. but meeting this situation is not that easy. You need to be patience, do research and monitor the price movement of your trade. You also need to be updated of certain rumors and news and use it to your advantage.
I think the hard part is getting updated with the right news or rumors. The one that will actually effect the price of the commodity you are trading. If you have good sources of that kind of news, making profit and becoming successful in trading will be easy. Exactly, that's what you need. You have to be fully knowledgeable with the market of what you are trading, intelligence is what is important here and that is our only chances to be able to succeed in the long run. Trading is easy if you understand and follow the basic principle. |
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you can't double it safely . investing is a littlebit risky too. uhm but it's worth trying . try to invest it on bitcoin. bitcoin is raising and raising for a long run. you can have stable profit in there. you can double that by selling your btc like if the btc comes into much more higher currency than now. sell it to other so you can see that your earning and having a steady source of income .  Everything has a risk, you need to take the risk first before going into investment. It's hard to invest when you do not have the money that you can afford to lose and while saying that you want to be safe with your investment it sounds that you cannot afford to lose that $100,000. I think holds bitcoin is a safe way to double. we could see the price of bitcoin years ago and compare it to this year. it has increased two-fold. the point in my opinion, if a safe investment can sometimes take a very long time, whereas in a short time, it always has a high risk, as do trading altcoin or gambling. It's not safe but it's proven to be profitable. There only one think you have to consider when holding your bitcoins for the future. You have to believe that bitcoin is going to be a big thing in the future and that's it. Put everything you got if you are too confident with bitcoin. The OP could have invested his money this year and he will see his money grows safely, maybe next year bitcoin will be as progressive as this year so do not lose the chance to invest as we are going to a successful tomorrow. |
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I recently read some quote and i think this is something good to share in this topic.
"Do not save what is left after spending, but spend what is left on saving." - Warren Buffet
That's probably would work as apparently Warren Buffet is a billionaire man and we have to follow his method. However, there's a problem with us as we lack discipline and we do prioritize our bills and sometimes we are trap to buy for our wants instead of needs and that makes us lose in our budgeting. Indeed.. it's really a good quote and in reality it may not apply to some people who have a lot of responsibilities when it comes to their expenses. Though they may save some but not a lot. That's why only few will be rich because only few like Warren Buffet can do that method, most of use loves to spend and there's even a time that we have a lot of debts to pay since we are overspending and we failed to realize that our income is lower that our expenditures. |
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If at some point bitcoin could reach a price that will allow us to buy a house with it is very likely that the seller will just accept or bitcoin without the necessity to convert it to fiat money, besides you will face less fees.
to me i think yes, but it depend on the amount of bitcoin you have and also on the place value where you want to buy a house, and also the area of the house that how big or small the house is, so i think if you define these thing the you can easily estimate the price of bitcoin for buying a house. If you have a large amount of bitcoin, and the cost of the house is less 30% of your bitcoin holding, then it is ok to buy a house. How did you came up with this 30% mark? For me, it depends on the proportion of BTC holdings to the total investment portfolio. If your BTC holdings constitute to more than 25% of your total investment portfolio, then it will be better to sell some of the coins to reduce over-exposure. If the proportion is quite low, then hold on to your coins until the exchange rate increase to $10,000 per coin, or $25,000 per coin. It is depend how the bitcoin price against fiat and the amount of bitcoin that he have. If he is fine to buy house with all of his bitcoin it is fine no problem. This is all about his calculation and planning, but I think he still need to convert his bitcoin into fiat before buy a house, There are some place that accept bitcoin but I never find someone who sell house which accpet bitcoin. Buying a house using your bitcoin is not a problem, the only problem is when are we gonna buy a house. It's everyone's dream to be rich in bitcoin but we do lack of capital to invest, remember that we need to put a decent amount of money to earn a big amount of money. Should be that way. |
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I guess we will see everything fall and bitcoin rise  I dont think it will drop below 400 in the next 8 months. you are right bitcoin is really increasing its price too much higher and bitcoin adoption is going to increasing too much faster because people strongly believe in bitcoin. After 20 long years bitcoin can replace fiat. As long as there are believers bitcoin can go on the place that no one expected. Bitcoin will be the base of all fiat and crypto currency. I think it would not hurt to hope it happens. and maybe when that happens the price will be high, but is it possible you could hold your bitcoin for it, I think to sell all bitcoin you should take advantage of opportunities You can sell your bitcoin if you see your are in profit when doing it, however it's not advisable to sell everything as we know the price of bitcoin is still expected to rise in the near future, so we need to instill discipline if you are a long term investor and you have hold your bitcoins. If current price is giving you profits then you can sell some part of it and hold rest of them for the future, as it would not be a smart move to sell everything at this stage as bitcoin has not reached to its best price yet and may be in future we will witness it so its always good to save some coins for the future. I agree with you, do not hold everything and wait for a bigger price, you might not know the market will collapse fast. We need not to be greedy and sell some when you see you have profits already, after all that's the main purpose of our investment. Timing is everything and selling at the right timing matters. |
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In trading the results will be not same such as yesterday and possible too for that day you will experience to loss because you had wrong predict for the prices movement however even these jobs full of risk but some people very enjoy for trading and they more likely to choose trading than other jobs
there is no doubt abuot this that every kind of trading is risky, and some time your prediction can prove as false and you can face a big lost, but i think there are so many experience people who are really giving too much good prediction about trading and mostly their prediction proves as right and so they get so much benefit from it. People who have spent enough time behind trading can predict the price movement very easily and there are many experts that will give you tips as when to buy and sell your coins and they will charge some fees from you for giving you tips and I think its worth to pay as it can give good profits at regular intervals. That's because they are serious with what they are doing, and by putting a decent amount of money you have to be serious otherwise you will lose what you have not expected, others think it's easy, yes for them but for us it's a different story. |
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of course, putting money in lottery is gambling too. why did you make this kind of question?
do you do not really understand the meaning of gambling?
i think he just want to receive the views of the people as you can see that different people have given different types of answers, and in my point of view i will like o say that lottery is a type f gambling in which one has to depend totally on luck and there is no concern of skill or experience in lottery gambling. Probably this is only for the discussion purposes and I do not believe that OP is that innocent who does not know the meaning of gambling, he may think that since the money involve in lottery is relatively low, he thinks it's not gambling but just for fun. |
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c'mon, fi**ck this... MUCH MORE ILLEGAL ACTIVITIES WAS MADE WITH FIAT. BLAHHHHH.
Bitcoin is so cool that this month I save my friends marriage with BtC. SO F8**CK this "illegal".. let's think about "legal"... you can buy legal marijuana, you can play in casino, you can pay bicthes to go to our home, WHATELSE you want?
Bitcoin is a paradise, this "illegal" stamp is pretty old look, nowdays, bitcoin is much more about freedom than "wrong things", so... you can use it illegaly: YES; so, what money hsa a shield against that? So, let's enjoy freedom.
I don't know about the bitches, could you tell me where to buy them, I want them to go home as well after your home. LOL., It depends on a certain country, there are countries that online gambling is illegal but because of bitcoin they gamble easily, and look at this.. even kids nowadays can easily do gambling because there's no restriction in a gambling sight aside from asking you if you are minor or not but they do not see you. |
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I suggest that you invest most of your money but leave a little for gambling just for entertainment. Don't expect to make money gambling but do it just for fun.
That's funny, only matured investor can do that. We have to be matured enough to do investment and entertainment at the same time, when you are investing an you can easily cash out your money, you will be at risk of being distracted when you are a gambler as well since when you are down big your emotion will play. |
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1000 bitcoin is maybe possible but for the most people its not reachable because its an amount that only can be done if you started early with the bitcoin or invest with a very large amount.
To be honest, Yes I can partly agree with you but I dont agree with another part of your statement. Reaching milestone of 1000 BTC is also possible for the one who is completely newbie at this moment but it will be comparatively difficult for his as compared with early adapters. There are many ways to reach 1000 BTC milestone but it will need best and optimum use of time and skills. Example - If one can set up bitcoin business and start offering bitcoin services then he can earn good commission because in most of the countries there are less than 1% people who have heard about bitcoin so there are 99% prospective customers. One can see this as an opportunity and soon he can reach new milestones. It's difficult but it's possible. Actually, that would only depend on a person if he can convert his effort into money. There's nothing impossible in this world and we can achieve whatever we dream if we have our way to do it. I think the key things that will need to reach 1000 BTC milestone are, - Time Depending upon the way user is using it
- Skills The most important factor to make optimum utilisation of resources
- Patience If water boils at 100-degree temperature then one must not get panic at 98 degrees by noticing no movement in the water.
- Smart Approach It all depends on how you utilise what you have.
These are the main things I find necessary. I'm sure you have a big chance to get that if you have the money on hand, it takes money to make money and that's reality. No one will be able to get that big amount of money by just working alone, you have to invest and be a risk taker. Yeah its impossible to have that high amount only by earning it, and to reach to that huge amount you also need to invest huge capital in it, as we clearly know that money attracts money so if you invest huge capital in trading then there is a possibility that one day you can achieve that amount but the risk factor cannot be ignored. It should be a procedural way, you have to raise a decent capital first then you invest, it does not necessary you invest only in one investment as it's advisable to have as many as you can as it will minimize the risk and will ensure you will stay in the investment for long. |
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Best advise you can get is to stick it in cold storage (offline) and what it grow. There are of course plenty of opportunities to try to have that .25 make you money but if you dont know what you are doing, you are surely going to lose it.
Must be a little safer than in online wallet, but it can still be hack if the owner is not very careful on installing program, malware is always there to hack our information. Therefore, it's necessary to know what you are investing and make a careful study on it. |
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bitcoin has afftected my life a lot not only positively but also negetively.thats because there was a time when i use to walk run and even jump like a monkey with friends and all the outdoor stuffs but after getting involve in this bitcoin thing i am spending most of my time either coding or learning new programming languages or earnin btcs for somewhere . should i lower spending my time in internet or not and is there anyone who is facing this type of addiction here
Yes, it affects my life alot. Everytime I woke up, I fell the enthusiasm in my heart. Always check my mobile phone to check if I gain profit. HOwever, my priorities change. Instead of giving time on family, I tend to blog to earn bitcoin. Yes whenever I get time I keep on checking my balance in my wallet and also keep a close watch on trading sites regarding the price movements and at this point its only bitcoin going through my mind and I keep on trying to multiply them in the best possible ways and it surely affects my life a lot. Yeah being addicted in a good way because earnigs is really what bitcoin bring to us and learning more and more ways to have it to grow is also my priority as of now its affecting my life in a positive way. Take a look to non-bitcoin people, they work for 8 hours, study for another 4 and lose hours on trafic so I think most of us are in the same but workind/studying about bitcoin at home. However it's necessary to take a time to our heads, take a breath. The saying is always right, "WORK SMART NOT HARD". Here in bitcoin world we have no limit of our earnings and the good thing is it's not taxable unlike in real world, we just have to live a balance life as well to be able to remain healthy and enjoy our money later. |
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I should never sell my Bitcoin because I sure the price will increase in every day, every month and every year. This is best time to buying bitcoin, and I predict the price more than $1000 in next year
You are delusional, the price does not move that way, if you are new here you do not see the price and your statement has no proof. If the price increase daily then we are all millionaires now even you. Indeed. bitcoin value won't go that much high as more than $1000.. although it's possible but it will not be in this millennium.. I wish that it could happen though but it's really far from the truth. He is living in the fantasy world, he does not understand what is the nature of bitcoin and how the price would react. He should be educated first before posting as it might be considered spam with lack of information before participating. I hope he could have make it a question mark though.. |
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When you always keep the mined altcoins, you will die one day as the guy with the most altcoins in his wallet.
You are right, alt coins get depreciated over time whereas bitcoin gains its value if the miner hold for long haul. I say if you can sell them, sell them!
Nobody knows if they will rise or fall in price. But you know the point when you make profit.
But there are few altcoins like litecoins and dogecoins which are stable for years regardless of what the value bitcoin is having. Mining those coins and holding them will definitely fetch higher networth over the time. Just select what you think is going to be big in the future, there's no challenge in bitcoin as it is already progressive and we can predict the price will increase but unlike in the its early stage that it turns out to be a valuable asset. If you believe in some alts, just participate in the ICO, they have a good price. |
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A lot of supermarkets and other businesses now run a order and pick up service so you can order the weeks shopping from the office, pay online and pick it up on the way home from work, bitcoin would be well suited for these kind of everyday business transactions. They could then even start to offer it to their staff as wages if the staff accept.
Only if the staff understands about bitcoin but if not you cannot force them, and besides bitcoin is not regulated but in the employment world employees has the right to demand what they want and only legal tender is allowed in the real world. You do not want your business to be compromise. |
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this time I was not good in managing money that I have. I needs are always changing every time, because I was a student, but I keep trying different ways that I can arrange my financial to date, although it is still less successful
Students generally carefree life because there is no family and no children with his wife who constantly need different things. And if a house that is in need of investment, then all the money as lost from his pocket. Even though a student doesn't have a family to feed, it's actually pretty hard to survive in college. The expenses are so much. Most college students work at night so they can pay their rent. I don't think buying a house is a good investment since you'll most probably move into another place once you graduate. Renting bed spaces is enough since you only need a place to sleep, take a bath, and eat. You don't need one whole house. Depends on what school are you going for your college, if you go to an expensive school then you will really have a problem with that. You have to live within your means, you can study and a cheaper school while still getting the right knowledge as required. In first world countries, there's no cheap school at all. Students are doomed to get student loans and pay for it continuously years after they graduate. In third world countries, even if the price of studying in college is much less, it would still be hard because it's harder to get money in those areas. I guess this is the reason why people prefer to not go in college at all and just develop their skills all by themselves even though having a degree is really important in getting a day job. There's a reason why there schools are not cheap, that's because they can work even as student but can already receive a great income under the minimum pay. In third world country, most student relies on their parents, so that's the big difference. Still a similar situation if you would analyze. |
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Bitcoin will reach $1000 when the time is right. If you don't have the patience and understanding of how the current market works, then you're at the wrong place.
Yes, bitcoin will reach miracle price levels but the answer of the question of when is only at the right times, we do not have any other options other than waiting patiently for that miracle to happen. Maybe we are having the option to earn more bitcoins so that we could achieve our dream of richness in quick time.
Buying and holding bitcoins to get rich, I think these times are over.I can imagine bitcoin to reach a level of a few thousand dollars, but nothing more. It would need a lot of dollars today to buy bitcoins in an amount where it would make people rich once bitcoin has reached that level. And it won't go up that quick, so the dollars invested can't be touched, otherwise the investment plan is over. I think somebody who can buy enough bitcoins now most likely is already rich. Not over for us who believes that bitcoin has till more room to grow, we cannot see the future and though the price of bitcoin is increase or is big now as you can see it. There's still chances that it will increase and you have to put a decent amount of money to earn significant income. It's hard to say this but getting rich by holding Bitcoin is not ideal for growth investors. If you think that the 700$ price per Bitcoin will double in value to 1400$ is the way of getting rich it might possible but it has a thin chance. Also if you meant of getting rich is for bitcoin to double its value, you can't be rich with that as it depends on how much you invest and how will it appreciate more through time. Well, under the situation you need to invest a bigger amount of money as well. If for one year you have a good feeling that the value of bitcoin will increase then you have to raise a funds whether you take a loan and just wait for your money to grow. Seems easy but the risk is there. |
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You can try bitcoin cloud mining, but unfortunately there are a lot of scam mining sites. Or you can invest through Blockchain in their first page ads. But for me, I only invest and save bitcoin and will sell after price more than $1000
Let me just rephrase that to "all of them are scam sites." Investing in cloud mining sites will only lead to loss. I don't recommend it. It will take a lot of time before you can get your ROI and surely they already have ran away even before you get your ROI. Investing and saving your bitcoins isn't a "steady" income at all. That's just waiting. It's like when you time deposit your money in the bank, just with higher profits. I think if you're looking for a steady income, you should actively do work and don't just put your money as an investment and then wait for it to grow. You're so right about the cloud mining sites but I don't understand you're trying to say when you said "put your money as an investment and then wait for it to grow". Does that mean you recommend investing through Blockchain as said by LegendOF45? Yeah cloud mining is not advisable. Investing is also not steady as you would have to wait for quite some time for your money to grow. If you're unlucky enough, you may not even get your investments back. All investments are risky but the risk can be minimized if you do proper homework before investing your money and its always good to diversify your investments instead of putting money at a single place and if you do a proper research before investing then you can make good profits in future. I know investing is risky and it just like doing business in the real world. I don't know how to mining and I don't know if investing on the page of blockchain as mention is also investing in cloud mining site that's why I'm asking cos if it just like cloud mining site. I guess I'm not interested. However, is there any place to make a safe investment? Its really hard to find that mate any investment have its own risk its just up to you if how far the risk can you take you can try gambling investment play with the house its littlw earnings but it lessen the risk and its also a long term investment too. True, just have patience and you will make money in investing in gambling sites. Since the return is not that big in terms of percentage, then it's just right to increase your investment so you will be able to receive a bigger profit, just trust the house they win most of the time if not all. |
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What keeps me coming back ?? because site usually make promotion and offer which is a chance for get money in this event but it has certain requirement like bet with x BTC in order to get the promotion but that's why gambler like promotions.
You are getting cheated by the baits. You need to understand the universal truth of " no one will give you anything for free of cost". Gambling sites are usually giving free credit/giveaways just to get you addicted with gambling. You are must be a good example for the success of their promotions. Using free giveaways is not wrong thing usually, but if it is making you coming back into gambling even you got the resolution of quitting gambling, then free giveaways must be wrong for your case. Most probably, so if we are trying to fool ourselves also and we get addicted with gambling because of the promotions we think a no risk gambling then we will fail in the long run, it's about how to control our emotion as in gambling you cannot win all the time. Losing and winning, still you will come back. |
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Indiana Pacers - Boston Celtics total points between these two were all the times at around 200 points with couple of points up and down difference. I will say this option with under 219 points @1.787 is looking safer to me for this game. I will try my luck on Indiana Pacers as well @1.978 with placing small amount there too.
Can't trust the pacers at home coming from a lose, I do not believe in them anymore. Celtics are way better and they just came from a blowout victory at home crushing the Knicks. They have to win in this one though pacers are still favors, so I would take the boston here ML. |
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