Hello guys, there is a good friend of mine who recently migrated to Germany for his Master class. He wants to start trading of bitcoin, I want some recommendations on the best way to buy and sell bitcoin in Germany. I don't know if Binance supports Euro deposit and withdrawal through debit card. Please, I don't want localbitcoin.
Your accurate recommendation will be welcome. Thanks.
You may try to use localbitcoin and also there are some exchange that can accessed in different countries and acceptd debit/credit deposit or USD/EURO and you may convert it in bitcoin, this could be the best way I am thinking that you may use to buy bitcoins there. Try binance,yobit or kucoin , I think they have that thing that I am saying, but you need to use KYC.
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Yes, it's primarily about why you and I play gambling, but it depends on one user to another. I think they're doing it for a particular reason, because it makes no sense to decide to play without a reason. If I don't have time to spend in my life, I'm gambling, of course, because gambling isn't considered a waste of time, but it's worth the time you spent because you get something back. The main aim of gambling is not always to make money, but other people often play if they feel stressed or exhausted because it gives them temporary relief.
Other paying gamble just for fun and some others for them to have money, different people, different perspective we just need to choose on which side we are dealing with but having this both in our minds is a good thing. If we will be having fun while we gamble im sure it will give us luck and strength whatever in the game happen.
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This is possible only if a person win big and he do not become greedy and do not gamble again with the won amount. In the previous few years I saw a number of people who won some big amounts from gambling and many of them thought that if they will gamble again then they will win even more bigger than this amount and in the greed of this they lost all of their money.
We all know that we can obtain large amount of money in playing gambling games, but in order to gain more we need to bet more as well. If I will be winning jackpot soon , I will put some in family about 30% and another 30% for trading and the rest about 60% will be put for addition gambling deposit, for me to play again . I will need to avoid being addicted on it.
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Dice game is for those who says they only play gambling for fun, and poker are for those people who makes gambling as their profession. Online casinos are now causing a hype for gamblers, especially to newbies, because there is a lot of games (easy ones) but addictive that could cause entertainment or the other way around, since DICE is the easiest game to play, and there is a lot of newbies also in gambling, that is why I came to a conclusion that it is the most played game in the gambling industry online.
Agreed, I only play dice game because it is more easier for me, since I did not play too much in casinos or online casinos, I only play that when I want to have fun , even I am not bored, I just wanna have fun, it also helps my mind to think faster and thing effectively on what should I be doing for the next round of games. This is only my thing, and my favorite.
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For my strategy i will play with patience and waiting until i have good cards and if i already have it then i will pretend have bad cards but i will call the bets to those who very liked to bluffing while playing and if everything's open in the table then at the end of game i will go to all in from my bets so usually those who have no good cards will fold and i won the money but this strategy needed extra patience to ensure our cards really good
Patience is very much needed, in poker, you need to think of the possibilities that your enemy will release their card, it is needed to be patient and do not release your ace immediately, do some bluff that make your enemy bite that thing and then release your card, it is the matter of fast hand and fast mind strategy , poker may be so hard too, you need to have a good strategy and poker face if needed.
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at some times?yeah i did (considering that i am not that total gambler,so what more for those real gambler?so meaning all of them thinks of this?)i remember once or twice or i dont know how many times while i am planning to gamble or even when i am playing than there is a imagination that what if i won huge?or when i am buying lottery tickets?anyway this is normal for people right?specially those people that has a medium living or poorer,because they cannot find good living so since gambling offers fast and big winnings then they tend to allocate money to try their chances.
I cannot denied that fact that it is what I am thinking about now and wait for that moment when I won the grand prize or jackpot in the game that I am gambling with. But then I will not depend on everything in gambling since I need to work hard for my dreams and financial goal now, so I am trying to do not lose to much in gambling and in trading.
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Yes, no one will give them money for reasons about this case, once they are given money then they will do it again and again, it would be better to help him get out of gambling addiction by getting him to work or anything that basically there are still many solutions another better and more effective way to help her get out of this suffering.
There will be his willing friend that will support him, but this is not the right thing to do, his friend needed to give him advice not many, he only just tolerating his friend if he did that and it only make his friend mo are addict and can worsten his life. They need to give him jobs that are not related to gambling for him to start again.
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In my view, being able to control the feelings we have is the best advice for all traders. Because we often bring feelings when dealing as traders. For starters, because market prices are suddenly falling, our emotions are beginning to be affected, we are panicking, and we can't think calm and clear. Because of panic, we sell all the coins immediately and experience a substantial loss, even if emotions can be controlled. We're not going to sell all of a sudden, we're going to learn the business first. The price often decreases, the price may not go up again unexpectedly. Essentially, if we can regulate our feelings, we don't have to suffer losses.
This will be the first thing that a trader must have do, to control feelings over everything. As trader, we all know that we sometimes lose money especially when we dont hit the target, or we dont monitor our coin and suddenly the price of it dumps. We need a lot of patience and also, we need to manage our losses so that it would not happen again. Accept losses it wi be good for every trader.
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If you are an expert trader, there is a possibility you can double your capital within 2 months and it all depends on the analysis and the coins you choose and has the potential to benefit in the time you specify. but this year is not the previous year because this year the market is slowly increasing and especially bitcoin.
I am disagree with this, I think it is hard to say that you may double capital in 2months, because for me, market is very unstable, we all know that, there are many pumps and dumps that are being happen in a day, I think you may double your capital if you make it in a long term investment, or if you make it in a day trading, it is more possible.
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Yes in trading knowledge is the basic thing and we should learn from any where as if you get chance to gain knowledge then never lose it by talking with expert traders and get Knowledge from Google or YouTube. There are so many channel’s in YouTube about trading also websites in Google we can learn by talking with expert traders as well.
You need to widen up your knowledge so that it could help you a lot in your trades, read more and more books about trading everyday and watch some videos about it, learning is the best thing that needed to do, then do some small trades, a day trade so that you may apply your learnings, do not afraid to lose some money as it is a part of the journey.
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A new year and new hope of adopting blockchain and cryptos around the world. Millions of traders or investors are on this Digital Asset Market already.
A good number of people are coming on this market everyday. What are the challenges, regular issues or problems for the traders or investors during investing? Security, High Risk, Scammers, Hackers etc. can be the problems. What do you think?
Volatility is the most issue that a trader must face and surpass. We need to go with the flow of this uncertain market for us to dont lose to much in our trades, next thing is the hackers that can steal our money, even big exchange has been hacked but they need to resolve it and strenghten their security the website must be an anti ddos exchange.
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If you want to build a good strategic approach with the market, you should look for the indicators that are available where you can use them to help to identify the possible entry and exit points for your position. Trading is not that hard, the only difficult in trading is the starting stage and once you overcome it, you will unlock a lot of possibilities.
When you are a beginner trader expect some losses even you are an expert, losses will always be there, no matter how good you are, but in every losses we need to learn from our mistake, change strategy and learn to read indicators, candlesticks charts, and how does the market flows. It will take months to years do not rush.
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I don't think that will ever happen, as Bitcoin is a decentralized network, so you can't trace the scammers. If it becomes possible, I think Satoshi Nakamoto needs to come back! Everyone saying Blockchain can track the transaction records but I don't know how you get that man's address, identity through the transaction! No way at all. If every exchange asks KYC for withdrawal money then maybe scammers will not fool us anymore.
It is impossible to happen as of now, since bitcoins is made for us users to make transactions anonymously, if it will be happen many people will leave bitcoin ,but this is just my cent right? But many will stay even though it could be traceable now since it is shown to be a good investment for everyone and it is good for long term investment too.
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Investing always have risk at his back if you don't fully know what you are doing. Same thing with bitcoin, there's fluctuations that really tough to anticipate though if you are ready and willing to handle it chances always high to achieve your goals. Prepare yourself and understand both risk and potentials before taking your decision to step inside this market.
There is no mistake in buying bitcoin especially when you are just a beginner. If you bougt bitcoin last month, then expect a high gain this days because as what we can see bitcoin pump this week and people are thinking that this month will be bull run. Taking risk is not a mistake at all but rather a chance for us to grown and be good in trading.
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It is normal to experience failure nobody is born expert in trading, take these as lesson and do more trading with demo account as it will boost your confidence and skills and try to learn strategies and avoid pump and dump group.
Yes its true, no one begin as an expert we all experienced lossew we lose so many times before we learn how to trade , I lose my money before too, but I did not think that it is becuse I am not lucky but I take it as a challenge to myself to move forward and learn from it. We need to take a risk and learn so that we would not be losing any big amount anymore.
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I'm not sure of what strategy we have to use cause in my case and I think that most of us here are used to convert altcoins to Bitcoin which it looks more profitable and idealy be the best way.
The question is, are desperate enough to think of selling you bitcoins for altcoins? We know the capability of Bitcoin, in fact, this coin is dominating the market and as well as consider the best crypto for investment. I'm surprised why you have to it.
Bitcoin itself is a good investment, you may get a huge profit even you will not convert it in altcoins, but still the decision will be on the trader who has the money. If you bought altcoins last week like eth then today you will get a 9% profit when you sell it today . Little amount can have a big impact soon. So better to put 70% in bitcoin and then 30% on altcoins if you want.
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Yes, full-time trading is not happy anymore. I stopped full tie trading because I became totally alone and addicted. I did not like to meet with friends, always wanted to make a profit. Sometimes I met with my GF but I kept checking price or update news about my picked coin. I realized and suggested people that Full-time trading is not for everyone, money is not everything, you should lead a healthy life, so short trading is good.
If you are happy in what you are doing , it will never be so boring, I think aside from trading OP needed some extra activities, he can make jog at morning have some chats with friends and neighbors, so that his mind could refresh and it will make him to get a clear mind for decision making. I do not suggestt full time tradin as in whole day watching charts.
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As I see, the majority of traders loose because of poor risk management. IF you cannot manage risks you cannot earn in long-term, that's it. My personal recommendation is either to learn risk management. or use the software that will do risk management for you. Personally I use Bitinsure service to monitor all the risks and stats at several accounts.
Ive also lose a lot because of my poor management and because I did not sell my coin when it is the right time, I become greedy , I want more so I wait even more, then now it is my biggest regret of all time the coin that I am holding is now become one of the shitcoin in the market, and I am vey upset because of it, I wish that time I sell it so that I have a 1btc right now.
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Whales are major threat for normal traders who make efforts and spend lot of time to collect some BTC,And the whales came suddenly and just disturb your trade.I think to deal with whales and avoid to loose money take trade in long term.
Dont forget t put SL option,and hold till market g in normal. Whales moves are hard t identify when and how much amount of BTC will move no one can exactly predict.Go thoroughly the past trends of markets move the keep eye on the events to make decisions.
I think it can only be a threat if we will treat them as our competitor, but if you will go with their flow I mean when its bear market we should buy, because they are buying too, when bull market it is our time to sell as soon as possible , because if we wont do this things we can manipulate by them as well, always look for the good things in this scenario.
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I was once invited to a gambling tournament by my friend and went to use his luxury car, we went to the casino at that time. An unexpected thing happened when he lost and got out at the first stage, there were no significant problems until we finally returned home, I was just surprised when finally returning home using the taxi service, it turns out he sold his car to someone because he lost a lot in regular gambling when I continue the tournament. that was the first time I saw a friend with a very acute gambling addiction.
That will be commong for those gamblers who are already an addict , they will find a way to have money, and to create one, but since they are to frustrated they are easily to lose those money , probably in just 1 game, it is needed to be stop and they are needed to be guided in order for them to have a moderation of their losses and stop them being an addict.
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