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1541  Economy / Gambling discussion / Re: Gambling: The Seven Deadly Sins on: April 27, 2018, 05:03:46 AM
Gambling is just a game. Just for fun and make their own selves a relaxation. But if you don't know what it means and how to manipulate it to your own, or how to handle your self from this addiction, it's not a good for a self relaxation.. It's called addiction and losing money for nothing. And it's called sins.
I really do wish a lot of people understand this and they do not end up turning to screw themselves up by having a totally different mindset in the long run. The problem with certain people is that they expect so much from gambling which is the reason why I have seen some people here comparing gambling to opening of companies. It is really funny where some people always end up getting that sort of mindset from which is the reason we have so many insane gamblers today than sane ones.
1542  Economy / Gambling discussion / Re: Why gambling is portrayed negatively almost everywhere? on: April 27, 2018, 04:30:10 AM
Is it not?  People go there because their very hasty to get rich and they want it to happen in a few minutes of their play. Their positivity where they think that they will win the game is actually a bad thing and that is where all the negative things start to happen.
More like a tooth for a tooth and a question for a question. One thing is that a lot of people today are busy seeing gambling as way to get rich and removing from their mind the fact that it is a game of luck and they have a higher chance of actually losing more than even winning at all. It is a bad thing that has led so many people into becoming an addict and from the look of things, what is actually there not to be portrayed as being negative?
1543  Economy / Gambling discussion / Re: When do you know its time to Stop? on: April 26, 2018, 05:01:58 AM
we should not even start and if we do not start then there will be no need to stop gambling, because gambling is bad habit and those who gamble will ruin their future. If someone gambles for fun he should stop when he knows that now the limit has come and I don’t have enough money to gamble anymore. This is the right time for quitting gambling.
Yeah, the limit is the only thing that can always help each individual not to over step their boundaries when gambling which is one thing a lot of people are not disciplined enough to set for them-selves. Knowing when to stop depends on each individual as there would always be the time to call it a day but someone who gets so engrossed in the activity are usually the ones who gets sucked up and drained eventually.

stop harming yourself and try to find out some job if your mind is compelled to manage source of income from this gambling. This game is just harmful and it will never ever be a good source of income.
I am sure those who have got stung by gambling will always know that it pays to stop immediately you know things are getting out of hand. Also, I wonder why people gamble anyway since I really do not see much fun in gambling online and as long as I am going to be losing, why would I want to consider it fun. However, I believe it is just the impulse that people will always find hard to control and that is greed.
1544  Economy / Economics / Re: Banks Won't Make You Rich on: April 26, 2018, 04:17:13 AM
Yes, I agree with you, if you save $10,000 in the bank, you'll get a little extra interest a year later.

If you buy $10,000 in bitcoins, you might get $2- $100, 000 a year from now.

So the bank doesn't get more money in the bank, but it's safe. If you invest in bitcoin, you're going to get a lot of profit, but there's a risk.
You are even going to be lucky if you get that interest as this days now, banks are always busy removing some stupid and unnecessary charges even after making a lot of money from saving in the bank. It is absurd and it is good they are beginning to lose that privilege gradually which I really wish a lot of people can actually see how much banks suck and have nothing good to offer.

I know the cryptocurrency market is still a bit risky but when everything is solid, even if not for investment, but at least, the fact that I would not even need a punkass third party ever again.
1545  Economy / Economics / Re: Diversify Investments on: April 26, 2018, 03:47:19 AM
I would highly recommend avoiding alt-coins. And it would not spread the risk to buy multiple alts since they are all based on the same technology. Want to diversify? Buy some bitcoin, gold, real estate, stocks, etc.
I am really surprised at the way people are turning down on altcoins and when I thought altcoins have actually invaded the whole space and clouded the mind of new investors. However, this coming from a very old investor in the community is not surprising anyway.

I totally agree with this as altcoins to me are just a waste of time, and if you think you are diversifying to avert some level of risk, altcoins are actually going to be increasing the level of risk eventually. I would rather be in bitcoin and look for other areas of investment outside cryptocurrency as well. Eth that would have even been a little bit of a good choice is inflationary.
1546  Economy / Gambling discussion / Re: Does positive thinking affect your edge in gambling on: April 25, 2018, 04:00:52 PM
I'm one of it that believes that positive thinking have an impact when you gamble. I don't know on how I ended up thinking about it but it just came to pass that there are too many instances that when I'm positive while having the last money I have, I'm winning. This is base on my experience so I really believe that when you are a positive thinker, luck will come to you and will gamble together with you. This is base on my opinion and I don't want to argue with anyone that stance against.
Okay, I hope this end up lasting long for you as the case may be, because a time will come and trust me, I have been there, where you will let your idea of positive thinking make you lose all that you could have thought you have won over the years and even much more than you will ever imagine.

At that stage, you will think that you are using your positive thinking to want to get back what you have lost, but by then your mind has been so terribly affected that you will be recovering losses and ending up as an addict. Just a friendly warning Wink.
1547  Economy / Gambling discussion / Re: Will you still continue? on: April 25, 2018, 03:24:17 PM
Takes medicine and psychiatrists there is a point right now I'm back to the gambling scene that I want to leave cause it feels a deep loss,resulting from the work outside of gambling and then bring the results of a weak gambling Table can't bring profits and more to the deterioration.But now I continue to the gambling. Cry
If that is really your case, then you should sit down and reevaluate your life bro. Maybe you are beginning to look for too much in gambling after all your ordeal that you have stated. There is nothing that brings profit in gambling and trying to recover anything you must have lost would only make you to end up screwing up big time because there is just no way you can get it back and the chances of you even losing it more is huge as far as I am concerned which would make you go back to the state you were trying to leave in the first place.
1548  Economy / Speculation / Re: Will Bitcoin price reaches $20.000 this year? on: April 25, 2018, 07:49:37 AM
bitcoin to date continues to show its good potential, prices slowly continue to grow and up and down in the range of $ 8000 - $ 9000. prices need to call at $ 9300 to create new resistance and move on to $ 10,000.
the end of the year we will soon pick up the price of $ 20,000, if in the near future we can penetrate the price at $ 10,000 easily.
Yeah, and it will keep showing that great potential as we move on in the future. I am expecting a whole lot more for bitcoin in the long run and I so much believe that as things are going and with some good pace without any bear disrupting us for a huge downward movement, $20k is actually a very realistic one at the end of the year and I do not see any problem with that. However, we still have to be ready to see how things really turn out though since we have nothing but time to tell us exactly what happens eventually.
1549  Economy / Speculation / Re: Bitcoin dominance on: April 25, 2018, 05:36:50 AM
We can Really see a slight drop, And base on my experience with the Crypto Market and mostly bitcoin Even if bitcoin did not out stretch it's value not like other Altcoin did, It really doesn't mean that bitcoin got left behind, Because it still has a bigger value than the rest of the other coins, We should appreciate bitcoin more than any Altcoin because if not for bitcoin there would be no other Coins that will be created.
It is just always the response of traders to the market most of the time anyway, and it is not like bitcoin is having an issue even when the dominance drops.

As we can see bitcoin is really finding some point to start consolidation and that is when we will get to see the altcoin market really picking up hugely and obviously we can see some movement of money into altcoins for now, which I believe on bitcoin consolidating, we will get to see a lot of them shooting up hugely before btc takes back the dominance once again.
1550  Economy / Trading Discussion / Re: How to become a trader? on: April 25, 2018, 03:30:39 AM
You have to buy btc first, then send to exchange that you'll trading. Next, you learn way of chart analysis, read a news more and discuss in this forum in order to get the information entirely.
Analysis will always help in the long run and his friends gave him good advice. Nevertheless, the only thing that ends up making most traders emotional is because they really do not have a single idea how to trade and that affects them a lot and as long as he is able to learn and imbibe those things, he would be fine in the long run.

I trade candlestick pattern a lot on 4hr time frame and it has been pretty effective, but there are other things such as risk management and necessary stuff to know before trading as they would always be of great help.
1551  Economy / Trading Discussion / Re: The Virtues of the Great HODL on: April 24, 2018, 08:58:48 AM
We all agree with the virtues of the great HODL. This being said, if you manage to sell at the ATH peaks and to buy back at around the bottoms you may end up multiplying your money, which is much better Smiley
The reason so many people have problem with HODLing is because they are never patient. In this present life that we are, every young man and kids even want to make a lot of money without at least working for it and that easily sets in greed and once anyone is in that world, it is always easy to get emotional and panic easily. For those who understand they are investing for their future and also understand the risks involved, holding is just one thing that comes easy.

The HODL principle is still the best option and determined people will smile in no distant time
To hold for longer duration, yes we must need big determination and patience. We should not get panic and greed as well. Only for the highly determined people, it will be possible to hold for longer duration. All others will get failed when markets falls or pumps down.
1552  Economy / Trading Discussion / Re: Day trade is more a lucky thing or skill on: April 24, 2018, 07:59:53 AM
I'm not sure if I have time to play with charts and trade a lot, like I have seen some youtubers doing.
They make you really believe that is more like a skill and if you are good at it, it works.
My friend told me that is just about how lucky you are, and not a skill.
So, should I stick with holding or playing day trade is a better option?
If you do not have any skill at all, you will be better off not trying it. Yes, you will have to deal with luck once in a while since the market is extremely volatile, but at the same time, you will also have to consider the option of knowing what you are doing and without that, you are going to be losing badly.

There are tools available for daytraders to do their activities in most effective manner but it comes with a lot of dedication and gradual building of experience after learning how to stay safe doing it. In the process of trading and profiting, most people do miss securing their capital and then finding themselves unable to shone in trading. First we must secure our capital then we will get chances to make big profits.
1553  Economy / Speculation / Re: Bitcoin recovered 7.6% from Friday: what are the prospects? on: April 24, 2018, 04:59:11 AM
To be honest I didn't expect for any reverse to happen any time soon. Maybe the downtrend is over, but I don't expect exuberance buying, because even though LN seems to have finally achieved a beta status, and it looks strong on the main net, we will probably need to wait some time before some services for the end consumer start showing up.

Hopefully we will have some small and controlled growth. More like as side-way trend, but with a little growth along with it. For me nothing has really changed, and my plan is the same. To accumulate as more bitcoin as I can, always knowing that we still have a long way ahead, and that it's still a risky investment, but worth taking, because it has potential.
Neither did I and everything before the huge reversal pump stated it would be another trend downwards but that is how market is anyway. Market's recovery progress is into action now a days I guess which will lunch the bullish market in coming days.

Sometimes we expect something and sometimes we get to see the other thing happening. This is the main reasons investors do not always bother looking at the craziness in any market and would rather just keep holding irrespective of what is happening. I believe so much in the long term potential of bitcoin and to me, it is all that matters.
1554  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are the Green Days back ? on: April 23, 2018, 09:18:01 AM
maybe this is a good start for crypto. but you should not be negligent with the current market. because the possibility of red is still very large, so make a good plan to face all possibilities. because having a plan will be very useful in the future.
That is one thing with the market as one cannot really be sure most of the time what could eventually happen within certain period even with the whole analysis and signals.

I probably would be sitting on the sideline for days now considering how the market has behaved in some days in the past, and with that, I feel it would be better just to be a bit neutral until I see a good confirmation. I hope the market gets to test higher level but it still looks though that the bear are still lurking around somehow and I hope I end up wrong.
1555  Economy / Economics / Re: Bitcoin x banks on: April 23, 2018, 06:48:19 AM
I really believe that Bitcoin will make the same effect to banks that youtube did to television ( at least).
This statement was made in a documentary from a long time ago that I watched.

So how far from that  you guys think we are now?
Lol. I really like that comparison. We are actually getting closer by the day and from the look of things, the banks have been feeling threatened even if they do not want to show it and still want to prove they have the power and they are still in control.
I always love the way it makes them feel anyway. In the long term, bitcoin is going to really expose some of the bullshit the banking system has always been putting us through and that simply shows we are really going to be up for a good ride in the long run.
1556  Economy / Economics / Re: Will Bitcoin become a long-term trusted store of value? on: April 23, 2018, 06:15:57 AM
Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

your criteria are too much, dont push it, $2,000,000 a coin??? seriously? the price of bitcoin is dependent on a real time traffic of demand versus supply, who would buy bitcoin with that price? bitcoin today has proven its long term value, from the day it started up to this date, for sure bitcoin will increase its price from time to time but you have to consider the market share of altcoins and other crypto in the future, you can rest assured that bitcoin can be relied on even for a long term. just trust the system and read all the graphs and read the market.
It is something that is possible. It is a market, and demand can actually bring a lot for this space and we may actually get to see something like this happening in the long run, but when is what no one can know. I would not have thought in 2009/2010, we would have even gotten to this point and if anyone should mention it, it would be like a joke, but here we are, and still trying to give a push higher. The market is just starting comparing to where we are and what the future may hold, so as a long term store of value ? It is indeed !
1557  Alternate cryptocurrencies / Altcoin Discussion / Re: Which ICO project should I choose? on: April 22, 2018, 08:07:18 AM
I am also exploring potential ICO projects for selection and investment. As far as I know, there are many potential ICO projects and I must learn to invest effectively. I will check on the team that has researched the project and considered the potential level of the project.
But now some ICO scams are so sophisticated that they can fake a huge community, they are prepared very carefully and thoroughly. If we do not have much experience, we will be wrong and lose money.
Lol. Welcome to the world. Most ICOs are always prepared for it and they do a lot of work just to scam people. It is crazy though considering that if they had channel that work into trying to do it right and bringing something substantial to the community they would have really done fine even in the long run, but then, they never had anything to offer except to scam people and get rich.

They do not even need to be sophisticated, it is easy getting a website, copying other people idea and trying to make it your own, which is why it is very important to always dig the team up.
1558  Economy / Trading Discussion / Re: Massive loss 40% underwater on: April 22, 2018, 07:23:27 AM
Got in at the height of Jan this year and all holdings lost more than half from the previous peak.

Very frustrated and was afraid that crypto will be zeroed out, so sold at massive loss more than 50%+ realized loss

After sold last week, all coins came back up 10-20%, even more frustrated, what to do?
You will always end up more frustrated if you do not hold as long as you are not a trader. What on earth is wrong with you guys? Why did you come in to invest in the first place, the quick gains or the long term benefit ?

As long as you cannot trade the market and you are not sure of what you want to do as a trader, hold until you see the huge value in the long run. See it this way, we have the same high level of fluctuation early last year and bitcoin even traded below $1000, but here we are testing around $9000. If that alone cannot give you a clue of what the future holds, I really wonder what will.
1559  Economy / Trading Discussion / Re: Mistakes when trade coin on: April 22, 2018, 06:41:19 AM
The good things to loose money in also a leck of patience and teory, when you start to trade before any researches on the trading topic
Patience is just one of the things you may need if you are trading well and looking forward to an outcome as long as you are still doing it right, but this is one thing you should not even bother having if you do not have the knowledge, because such a person does not even have business with the charts, let alone having patience while trading in the first place.

As long as you are trading, you should be learned and know what you are doing, trading a highly volatile market without some knowledge to guide you is more like looking for a huge trouble.
1560  Economy / Economics / Re: Crypto is more like “a psychological experiment than a serious investment" on: April 22, 2018, 04:53:04 AM
Do you know why most of the time educated man is physically and mentally absence in reality? Because they have a world of its own. This is why most of the time they’re outdated and technologically ignorance. They’re mostly using book rather than ebooks or computers. Not all, but most of them.

If this man is my professor I would rather home study than hearing lectures that is in old fashion.

I hate those who give an expert opinion on things they don’t know or close minded because of self interest. Most probably he invested in stock market and find bitcoin as a threat.
Probably their expertise has so made them blind from reality like you said and they feel people will always listen to their opinion no matter how stupid it sounds. It is highly unfortunate that people like this call themselves professors and in the real sense, they do not even know how to do some research before even coming to back up whatever they are saying. They are archaic and outdated that they find it hard to believe this is an evolution and there is a great value it serves. However, they cannot see that since they are so rotten with the traditional system.
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