It's the nature of human that keeps them coming every time they lose. They come back with the expectation of getting their loss back by betting more than what they lost and such GREED makes them lose more (if they lose again). Even if they win after their loss, they don't stop and keep trying their luck repeatedly which makes them lose in the long run.
People who have self discipline in life will always find that they have a self control on everything . Also they gamble just for fun and not to always make money from it . It's easy when you play for fun and incase you win you can celebrate and Enjoy rather than cribbing when you lose it . So in such cases even if they lose they do not bother much as it for fun they had played .
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It seems to me that in the event of a panic people are to blame. They adequately react to the rumors themselves are putting yourself at risk of losing money. A few months ago, people dreamed that the price has reached $ 3000, and now having a panic when the price falls to $ 4,000.
Actually people do not know much about the potential of Bitcoin so if price reached high they feel that now it will drop and they sell in a hurry . Actually now too it's a very good time to buy few Btc and altcoins as price in future will be rising too much and can get good profits too .
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well to make alot of many you need a lot of time doing one thing or the other...in my view for a trader u need to watch the makert at all time if you can...i know people who employe people to just sit and watch the market....so it totly how much trade u r looking in to
In trading you require complete understand of Bitcoin and its market . It require skills to analysis and do forecasting which will help you buy at the lower rate and sell at high. If you understand the forecasting you can make lot of money else you may otherwise even lose it .
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Maybe my only advice is for you to trade on altcoin. Because the movement of altcoin is very fast and unpredictable, and you always have to look at other markets, which you can use as predictions
I would suggest that trading in Btc is better because the buys and sell transaction can be done quickly as against altcoin . Demand for Btc is huge so it can be easily sold . Also considering the future will be of cypto currency so as of now you should be holding some good altcoins so that in future its value rises to manifold may make you millionaire .
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Is it still a good timing to enter the market for bitcoin? or should i wait for price to drop before entering?
Bitcoin market is booming and due to which demnd and price is rising continuously . At this time also it's a good price to enter the market beacuse it will reach 5k mark in coming month and may be 8k by year end . If you can take some risk then yes you can stay invested at current levels too.
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By seeing the huge success of bitcoin today i believe that in near future bitcoin will prove itself as the best earning industry and business platform on internet.
Bitcoin has already proved to the best in all the ways consider it in terms of returns , in terms of use or event which took place in 1st Aug . The price has always come back strongly after such Events . In coming time it will cross 5k mark and thus another opportunity to buy today and sell later .
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I was reading somewhere that generally newbies who had some small qty of Btc would like to try gambling due to which this is the easiest way to do it and it's anonymous . Thus this makes an attractive deal for them to do gambling and thus they end up playing online . And now after the price of Btc rising hit would not be advisable to do gambling in Btc beacuse you will lose an opportunity through earning in Btc .
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I mostly target the pump or sellin at 10%. Not so muh but I get in and out quite often,... it makes my porto bigger but we have to watch it Well it's a nice way for short term profit . In such scenarios you will never make big losses and if you hold it for some time after your but you may get good gain of there is one side swing of Bitcoin price . One thing is that keep profit aside and do not invest all your money in this beacuse when it falls it wipes your profits and capital quickly .
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You can teach them about saving without using bitcoin. Saving is so important to teach now to young people because we need to save money for the future so for individual we need to save small amount every week or every monthly.
Saving is an essential feature in everybody life . This helps you to be a disciplined person in your life . So early we yeah the kids better it is in thier life . Bitcoin will be the future money so if also taught about Bitcoin will help them to stay saving from now so that it's true value will be realised once they grow up and get those profits by sell It .
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I hope we are all able to enjoy the bullish trend for quite a while. At the moment there is nothing indicating that it will drop dramatically, but then one can never be sure
We all know that Bitcoin price is very unpredictable and it swings 500$ up and down in a day . So if it falls whitjin couple of days it can go back to 3k and many will loose thier capital in such scenarios . But for now it's moving towards it next support of 5k.
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Gambling can only be good if you are the owner. When you are a player, you will only have to enjoy the game process and not get hung up on winning, because luck does not all smile.
Owner has to make profits else why will he have casinos or website to do charity ? People do not understand this and think they will always make money instead owners make huge profits as people play to win and if they lose they put more money so that they can recover the loses .
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We can expect the 5k in Sept as the price is surging and reaching new heights daily . So anyone who had invested couple of months back would have got good returns till now and in future as well it will give greats returns .
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I think everyone who is earning through bitcoin is dreaming about it too, I really think that it is the main goal of every one in here.
One of the reason why Btc price is increasing is beacuse its demand is being continuously rising as more and more users buying Btc and storing it for future . All believe that in coming time Btc prices will sky rocket and they will be gaining huge profits by holding them . This will make them millionaire in coming time .
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At present if I sell my Btc then I won't be able to reach anywhere near to my dream . I will hold it for some years and if it continues to rise the way it is at present then I am sure I would be able to meet the target . Infact Bitcoin has already fulfilled many people dreams by now and in future too it will do it .
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If we look at the past 10 days after the 1 St Aug event we will know that Btc price has being rising daily . There is no such fall but it being targeting to reach 4k it seems . So any dips in the market will be a good buying opportunity with the 6 months target to reach 5k. So as per your risk appetite one can keep buying smaller qty at small dips .
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India will be playing to win the 3rd test match so that it can be white wash and Kohli can prove that he is a good leader . But India will play without Jadeja so it will be disadvantage for them . So SL can capitalise on this and it can be a good match to watch .
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Bitcoin will be future and I think soon ins colleges to start with they may introduce Bitcoin and its features as well as Blockchain technology . It's really nice to help them understand the technology and save some for the future . Who know they may be millionaire in couple of years only .
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Sometimes when I have bought at high price and if the price starts to take dip then it creates a panic situation beacuse what if the price at which I bought will tae some months to reach . So at times I sell the BTC in panic situation
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Of course I do convert some of my bitcoins when I need the money but most of the time I just hold them and wait for an increase on Bitcoins price then placed my hard earned savings in the bank.
At present I would just keep the Btc and not convert it into USD unless it's very important . Because the prices of coins are rising day by day and if we convert it we will lose the opportunity of getting good profits in coming time .
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Maybe if i get a win. I will use for trading. Because I also think of something other than gambling. Not every day we can benefit from gambling
Invest in Btc and other good altcoins because the prices are zooming and in coming time this will rise more . So take out profit from gambling and buy coins and store it and sell after a year if you getting good profits .
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