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1
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Economy / Gambling discussion / Re: Outside risk: similarities between gambling and trading?
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on: May 09, 2019, 05:56:05 AM
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I don't think that there is a lot of similarities between them. As gambling is purely based on luck, on the other hand, in trading experience, knowledge and technical skills count.
Indeed, there are many who believe that gambling depends on luck and that it all depends on how people gamble and trade, when trade can be done with analysis or prediction there also depends on luck to benefit both, but very different when gambling is very difficult to get rather than trading, all returns to how we play it all to make a profit, of course the risk is enormous and the biggest risk is gambling when you lose it has arrived at that moment. Trade does need luck too, but it doesn't mean depend on luck to profit. whereas gambling more than 90%, win may be determined by luck, that's the basic difference. so there is no direct relationship between trade and gambling, they are different for determining profits and winnings |
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2
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Economy / Trading Discussion / Re: Trading without losses?
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on: May 09, 2019, 05:46:29 AM
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I'm interest in trading and I want to know more about it. So please give me your valuable ideas and opinions. As a beginner I would like to know that Is there any special ways to do trading without losses or in a manner which minimize the losses. Not only that please tell me Is it possible to start trading with a small amount of money at the beginning. Hope you will help me. Thank you.  There is not any clear strategy that you can follow and minimize your losses. Trading is about trial and error because every trader is different, has different opinions and perception of things so you have to find your own way in taking the best trading decision. Of course there is a strategy for minimizing losses, thats why many people cutlose so they don't get bigger losses. the strategy you have to make is to analyze the market, what is the possibility of the lowest price and the highest price, if the price drops more than 10% do the cutlose or any amount, that's part of the strategy to minimize big losses |
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3
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Economy / Economics / Re: Why the Bitcoin is still down?
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on: May 09, 2019, 05:25:51 AM
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I think you just need to wait some time. Over time, more people will start using Bitcoin and the price will rise naturally. Rapidly rising prices are unstable and most likely these are speculations.
this is not speculation but it has become a cryptocurrency trend and we have been waiting for it for several years it is still difficult to rise. we cannot predict it correctly, it's just following the current trend. usually crypto drops only momentarily and will later rise again, but nowadays what makes crypto difficult to rise. Thats the point, falling prices will not happen forever, prices occur in a momentarily. when the trend has changed and conditions allow, the price will definitely rise again. as at this time, when the bearish is over, the trend changes, market confidence increases, positive news arrives, the price will rise. The important thing is do not to worry about falling prices |
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4
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Economy / Economics / Re: Bitcoin can be useful for a troubled economy
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on: May 09, 2019, 05:13:47 AM
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Its clear that countries like Venezuela can greatly benefit from crypto. Trusting government in those types of countries is out the window with their ridiculous money printing habits.
Not only Venezuela but also a lot of country who will be benefited for the crypto. And from bitcointalk indonesian, indian. philipines, bangladeshi and many more countries are getting a good income. So they are getting benefit by the crypto. Economy can benefit if you stop government to stealing money. Open source means they will not be able to hide their mistakes, bribes, to make it simple they will not be able to deceive people, like they are doing now. Venezuela is in the big financial crisis, in Indonesia, India and other countries you mentioned there are many poor people who live on the edge of existence, it`s normal that in this countries people seek for faster changes. And changes are coming for all of us, no matter where we live. Agree, I think the economy of a country and their society is also influenced by who is in government, as hard as you work, if the government is controlled by criminals, of course its policy will never benefit to the community, a lot of corruption, the economy is destroyed, imports are weak, the rate currency is destroyed, then what you work in bitcoin will be useless, because your daily needs will be very expensive if you have a government control by amateur |
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5
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Economy / Gambling discussion / Re: How to make profit from a dice game? Have any unique strategy?
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on: May 09, 2019, 04:59:29 AM
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Profiting from dice game is truly possible, but for the same user needs more courage and fund to spend. Even when we use strategies this isn't gonna profit the users, because different websites use different scripts for the same. It can't be predicted precisely, winning on dice games can be made effective when one spends with limits and take break when there isn't big profit.
There's no strategy whenever you play dice, the strategy can be applied on how you manage your fund/bankroll. Dice is a very unpredictable game, you may win for awhile and lose a bit later and if you will continue, the fate lies in your hands and it all depends on how you are going to look upon it. A unique strategy won't make you satisfied later on because you'll ask for more. Nope, I think the strategy is there for every game in gambling, so do dice. You can make your own strategy in the dice game, but it's true that the strategy won't make you profit easier, the strategy is made so you can feel happy to play, or not infrequently make your profits even bigger, for example strategies by changing odds, martingel and so on |
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6
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Economy / Trading Discussion / Re: why many traders(including me) not getting success
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on: May 09, 2019, 04:53:16 AM
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Perhaps I will say the obvious things, but the main enemies of the trader are fear and greed. For these reasons, it is sometimes difficult to achieve success in trade. So do not be afraid and do not be greedy))
Well, fear and greed are always factors that affect success in trading and there is no way for us to stop these two factors, we can only get used to it and limit these emotions to the lowest level, completely eliminating is not possible when this is part of us. Except for these factors, market knowledge and luck in trading are also important, and traders need to consider what they have achieved and what they are missing in these factors, improve and they will soon get success in trading, improving other factors is a simple thing, the lucky factor is that something is nearly impossible to improve Yeah it's human nature, we can't erase that emotion, because it's part of you. all you have to do is get used to it and minimize that trait. if you rely too much on fear and greed of course that is the main factor in your failure at gambling. You have to deal with it first, if you want to succeed in trading |
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7
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Economy / Economics / Re: Study says 79% of cryptocurrency event attendees are men
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on: May 09, 2019, 04:42:12 AM
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yes, indeed there are currently more men entering the crypto world than women, this is not a problem, I think entering crypto is not a gender problem but a problem of someone's understanding of crypto itself.
You have a point here, this is not about gender, it`s about technology and understanding technology. Girls are generally less in technology, so it`s not strange that there are less girls in crypto too. I would like to think that its just currently, and with growing popularization more girls will join, and girls will have their own projects too, blockchain can be applied on everything, they just need to find out more about that and start learning. I think not because they are less skilled at technology, but because they are not too interested in online business, they think that it is only a part of men, even though it is a cryptocurrency for everyone and all genders. we need more socialization that cryptocurrency is not only a business but also a currency that can be used as an alternative to everyone |
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10
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Economy / Economics / Re: How much important bitcoin for entrepreneurs?
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on: May 03, 2019, 11:16:33 AM
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After 1 year and few months, bitcoin has gain its popularity because of the bull market that it went last 2017. And entrepreneurs who are into the business looks bitcoin with so many views, not just for the ease payment that it offers but as investment itself. Bitcoin is important for most of the entrepreneurs that has customers that pays them with bitcoin and runs their business exactly like that. And for normal crypto people, definitely bitcoin is important as well like on how much importance they gave to it.
It seems to me that entrepreneurs will not yet widely use cryptocurrency in their business. In addition to the slow legalization of cryptocurrency by states and the lack of adequate infrastructure for using it as a means of payment, a high level of price volatility of cryptocurrency, which cannot be reduced, is of great importance. Business loves stability, especially in money. With cryptocurrency such stability is impossible. Indeed, I think because of the limited acceptance of Bitcoin, there is no legality from the government, and the number of users is still small. bitcoin is not so important for a businessman, bitcoin market is still small for them, except if the adoption of bitcoin has reached all humans on earth, of course bitcoin will be very important for entrepreneurs because it will give them a large additional market. |
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11
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Economy / Gambling discussion / Re: People who gamble are degenerates, change my mind.
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on: May 03, 2019, 10:06:33 AM
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Though to me the subject is inconsequential because am a full time gambler years back and will never change my route. Not all the time i do gamble for money, but many atimes, i do it for fun, also, to chase out loneliness when am alone. Gamblers are better than drug addicts, and am proud to be a Gambler.
Yes, it's definitely a lot better to be a gambler instead of a durg addict but I don't think you should be proud that you are a gambler as long as you lose more money than you win by doing that. You probably think you do it for fun but think about it again since there are dozens of others ways you could spend that money and have better fun. I agree, we can be fun in some other ways and a better ways than gambling although this is already much better than drug addicts there is still some other way that is also much more fun. Maybe gambling is also one of his way to to forget some of his problems. Gambling can make us entertained if we also know how to play with it.But if we make it as a priority,then surely it will cause serious damages in our life.We can lose such a huge amount and worst is that it may totally ruin our life and even the family we have.So gamble only occasionally enough to give us only fun. The end result is how someone has a purpose for and how they control themselves when play gambling. actually the function of gambling is to have fun, thats was right. but everyone has different goals and that goal sometimes makes them lose control and become addicts, because they have goals to be achieved and that makes them have to do anything to achieve that, like keep playing even if they lose |
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12
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Economy / Trading Discussion / Re: Too many exchanges?
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on: May 02, 2019, 11:50:31 PM
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There are really a lot of exchanges nowadays, but most of them are cannot be trusted and they have fake volumes, that is why many crypto users are so picky in finding some exchange.
The numbers of exchange do not matter to me and what is important is how good there are. The issues of fakes volumes is there and I think that means some of the exchange are just there for the purpose of manipulations. We just need to get more of them because competition bring professionalism. Quality over quantity, but honestly, we can never stopped the increase of number of exchanges in crypto. As the number of investors increases, that calls for an increase of exchanges also, capitalist seems potential in the market, so they will try to operate. They will race to make or plan a perfect exchange and security that can be trusted. It's true that the more investors the exchange will continue to grow in the crypto world. There is no bad effect for us if there are too many exchanges, that means the crypto market is getting wider right? you're right that we can't stop the growth of exchange sites, as time goes on and the more investors come in, of course there will be more exchanges. and they will compete with each other to provide the best facilities for their users, and that is beneficial for us, because we have many choices for trading |
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13
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Bitcoin / Bitcoin Discussion / Re: How will you teach bitcoin if someone does want to know coming from you?
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on: May 02, 2019, 03:58:03 PM
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Bitcoin is indeed a complicated technology. Is there any chance that this all could be done easily or simplied? Could you suggest that to me. Post your replies and thank.you in advance.
You should not put yourself into stress on how you would explain to him about Bitcoin.Just point out this forum and he would definitely find all the important things or informations connection to Bitcoin itself. Even just having a simple google research will already be enough to search up on what are the things he do really need to learn. I strongly agree. Maybe you can first make an outline of ideas on how you will be able to explain bitcoin / cryptocurrency in a simplified way. This forum and google are your friends. Utilize them. Actually it doesn't need to be an expert first to invite someone to use bitcoin. as long as you know the basics of bitcoin, that's the most important thing. if you want to teach someone, try with basic things, and if they are interested, point them to this forum or on google, learning together is much better right |
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14
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Economy / Trading Discussion / Re: Too many exchanges?
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on: May 02, 2019, 02:17:53 PM
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There are really a lot of exchanges nowadays, but most of them are cannot be trusted and they have fake volumes, that is why many crypto users are so picky in finding some exchange.
The numbers of exchange do not matter to me and what is important is how good there are. The issues of fakes volumes is there and I think that means some of the exchange are just there for the purpose of manipulations. We just need to get more of them because competition bring professionalism. Quality over quantity, but honestly, we can never stopped the increase of number of exchanges in crypto. As the number of investors increases, that calls for an increase of exchanges also, capitalist seems potential in the market, so they will try to operate. They will race to make or plan a perfect exchange and security that can be trusted. It's true that the more investors the exchange will continue to grow in the crypto world. There is no bad effect for us if there are too many exchanges, that means the crypto market is getting wider right? you're right that we can't stop the growth of exchange sites, as time goes on and the more investors come in, of course there will be more exchanges. and they will compete with each other to provide the best facilities for their users, and that is beneficial for us, because we have many choices for trading |
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15
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Economy / Gambling discussion / Re: Do you think a "winning mindset" can get you what you want while gambling?
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on: May 02, 2019, 11:49:52 AM
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This I agree, it's a good way to start, but not a guaranty that you can win, luck is something that it's hard to control in gambling games that are determined by luck, if it is a skill game then you have a good chance to win,a clear mind can create a good strategy but not so in games of chances.
Controlling luck is impossible. Hard or easy, you will never have that time of controlling it. In skill based games, having a winning mindset would help but it wouldn't change the result. It's just helping boosting up your confidence but the results will remain the same, if you are in a good positioning you will be able to performed well, every gamblers knows that by bringing good thinking inside the gambling house, you are adding a good strategy and it will increase good chance of winning and quitting with some good profits. Yes, It doesnt help with the results of each bet but it really helps in our decision making specially during those times when we are already winning,. having a clear mindset will have a great effect in limiting our greediness when playing. Yeah Indeed, chances for your winnings won't change even if you have a winning mindset, it won't change your luck to be higher. but it will help you to respond well to the end result of your gambling, having a positive mindset will prevent you from being addicted, someone who has a positive mindset will always think positively whatever results in your game |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: hold or sell? help me
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on: May 01, 2019, 11:23:29 PM
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you better hold it if you still lose and wait until the price goes up and you get profits, but all the decisions are in your hands, don't let you regret it later.
Agree, it's better to wait for profit, as investors we must have strong mentality and patience, rest assured that the market will soon recover and improve so that by holding we can get big profits. of course holding back is indeed one of the best strategies in overcoming falling prices, even panic will ruin everything. it would be better if the hold was done in the long run until the price target we or DEV said. The developer said that so that their coins could survive in the bad conditions. don't trust the developer or their team fully, because they do that to save their coins, not you. holding is not the main choice, the main thing you have to do is look at the condition of that coin, did they have potential to go back rise or not ? |
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17
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Economy / Trading Discussion / Re: I bet it all in bitcoin?
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on: May 01, 2019, 12:54:29 PM
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only stupid people do all in, they believe too much that everything will go according to what they want? whereas in the market prices can go up and down, and that is a sure risk of a crypto market. if the price falls, of course it is an opportunity for investors who still keep money (backup funds), you dont should use all your money at once dude! Still depend on what that "all in" meant. It is stupid when it meant that you're fully diving yourself along with your assets in crypto. Why would anyone do that in the first place? Profit could multiply in an unimaginable numbers, but nobody got that kind of guts to even risk their land for that kind of gambling. All in could also mean that they're committing their capital fully in the market. Like from the numbers of coins existing in the market, they're committing it into one, which I think is in Bitcoin (as what the OP seems to point out). It's nothing different to going all in at poker, you lose, you win or it is gonna call splits. of course no one has the courage to use all their wealth. as the OP said that he only uses all his investment capital for bitcoin. and in my opinion it's not a good idea. whatever the choice of investment, using all your capital for just one asset is not a good thing. you have to split your capital into several other assets and don't forget to backup funds |
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Economy / Speculation / Re: Anyone else think "long term" hodlers are idiots?
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on: May 01, 2019, 09:00:20 AM
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Long term hodlers idiots? what the fuck planet are you from to say such an ignorant thing? ffs, look at the price charts - long term holding always pays off, it's the traders and shorters that get wrecked. I'd have to say the biggest moron in this thread is the starter.
No, long terms holders cant be an idiot. Those people who are thinking that long terms holders are idiot those are lining on the same planet where we are living but their imagination is too old and also their imagination is too poor than we think. instead we have to thank to the holders, because of him, the prices don't get worse. imagine if the holder also sells and panics when bearish some time ago. of course prices can fall below $3000. holders are not idiots, they are optimistic people and patient people. just few investors own it you know. |
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Economy / Economics / Re: Why the economic growth of Bitcoin will show a positive impact in upcoming days
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on: May 01, 2019, 05:00:54 AM
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Public figures in form of Super stars don’t need to accept Bitcoin or cryptocurrency before they adopt it,
Acceptance is the first thing that they need before adoptions happens because if a crypto is not accepted on a certain country how do you think the people can buy and sell cryptos ? Economic growth of bitcoin on the other hand can show positive impact on the upcoming days because this attracts people to invest more . right now people sees fomo . they are eager to invest because they are afraid to miss out a bull run . Right.More investments for bitcoin means more increase in the market price.So there should always be a promotion for cryptocurrency all over the world because i believe ignorance from the present technology is really a big block from cryptocurrency acceptance which will lead to its adoption in the future. It seems like that, many investors start buying because they see price movements going up. people are afraid that if they miss out the chance, I think it has a good influence too on prices and markets, because it makes demand go up and the price also goes up |
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Economy / Speculation / Re: Why Bitcoin price will reach $100 000
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on: May 01, 2019, 01:22:01 AM
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It will get there eventually. None give us the precise date, however. Bitcoin is sleeping giant, it can always shoot up randomly. I have a feeling it’ll reach there, which for the most part already confirmed the up trend. The market is indeed cheap, hoping to accumulate over the summer.
It can hit that high if more adoptions coming from big businesses that will allow people to use this system for their daily transactions, we don't have the exact date as all of us are just hoping that it will eventually do the things that we expecting from this industry, if wide usages will take into the place for sure many things will be expected. Nothing is impossible, prices can reach $19k in 2017, even though adoption has not reached all people in the world and many large institutions or merchants still have not adopted bitcoin yet. Imagine if all of them start adopting bitcoin along with all the people in the world who use it. of course $100k is a worthed value for bitcoin. Of course, everything is possible in life but before we say it is possible, we should calculate and carefully consider the factors that can help something that cannot become possible, and here I don't find any factor that can help bitcoin achieve that goal. The acceptance and support of people all over the world is almost impossible, and even if it can, Bitcoin will still face control from the government, the government will not allow the price of bitcoin to go up too high, they do not want traders to take advantage of it to make money You didnt find it? disappointing, why don't you see the potential for bitcoin to be used by everyone? if the price can rise up to $19k just because the number of users is still several million users. of course the price can be many times higher if regulation in a country is made and mass adoption of all humans? Did you not see the possibility of that factor |
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