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the bear market ended a while ago. this is just a residual effect and some people wishing it to continue some of them have the power to make it continue so they are dumping to push it down. its waaaaay too early to say. how are you so confident the bear is done? in any market, this whole $6000-$12000 trading range could be a bearish consolidation. i'd love to see things turn around, but by all trend-reading techniques i know, this is still a bear market. break above $8500 (higher high) and we can start believing otherwise. because price has not been going down for a very long time now. it is now going sideways and mostly staying stable since the changes are still small with $6000 as their bottom. this may not be a real trend but i call it the uncertainty trend which to me signals the end of the bear market and start of the reversal. and unless price goes below $6k i wouldn't change my opinion; which is possible with the ETF negative news being possible but has not happened yet. If the price is trading too much stable then how can we say that there is instability in the market. I think that it is the sign that bitcoin price will very soon start increasing and hopefully the bitcoin price will this time cross 10000$ level very soon. we need to continue holding our bitcoin. |
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As always, the opinions are conflicting: someone promises more earnings than last year (and maybe we really get to 50k); but others, with equally good arguments, foresee a disastrous collapse, with the bitcoin under one thousand dollars.
We'll see, life is a bet ....
Everyone has their opinion and they have the right to give their own prediction according to their own analysis. We know that it is not possible to give a perfect prediction about bitcoin price, therefore we should study the analysis of the people but should always take our own decision. |
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give them a fake project, with a big profit guarantee. then from the fake project, someone can take money from people who are deceived and put their money.
Since bitcoin has a lots of scammers and waiting for your money. We have to recognize scammers by assuming them and making our moves before the time they think of scamming us. |
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In 2016, the population of India was 1.324 billion. If the government regulates online gambling and only a very small percentage of the population plays, the government will make a lot of money in taxes.
Currently, a lot of illegal gambling activity is happening in India so they are just trying to reduce that percentage and also the government can make some tax money from it. Indian government very popular for the high taxes so I expect it will be a very huge amount of tax they may add for all the winning amount and which may indirectly force people to choose to gamble illegally or go to crypto gambling sites which are not regulated for the taxes to reduct from the winning amount. The tax should be a reasonable amount then only people may be ready to pay it because they risk their hard earned money to play these games so the government shouldn't ask for a huge amount of tax. Yes that is right that people will happily pay tax on their gambling income, but if the tax is reasonable. If government will put tax on online casinos first they will regulate them and it will surely be in favour of gambler which can make their investment in casinos as more secure. |
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I will start with one to begin the discussion. If you are putting huge amounts at stake and want to keep identity private, online gamblign comes as a boon.
That's certainly true, mate. Online gambling is available 24/7 and is much more flexible and private than physical gambling sites. The benefits are even greater if you gamble with cryptocurrencies like Bitcoin or Ethereum, as there's no need for ID verification, among other requirements inherent within regular gambling sites. Online-based gambling sites which only accepts cryptocurrencies, have a huge advantage over regular ones IMO, because of said reasons. Better off, if you're dealing in an online gambling site which makes use of smart contracts, you can rest assured that the game would be provably fair, and your funds are not custodied by a middleman. As such, this adds additional privacy, security, and reliability like never before in the gambling industry. Which is why, I believe that there's a future for online gambling sites which rely on blockchain technology. The benefits of this, greatly surpasses those of regular gambling, making the need to go to a physical gambling site, totally unnecessary these days. Therefore, online gambling has a lot of advantages that are too hard to ignore for any serious gambler. Perhaps in the future, online gambling would be the norm as it replaces physical gambling. Just my opinion.  That can be the big disadvantage of online gambling, because the gambling sties can also systematic game with you to give more edge to their casino, and I think that it will already be practicing. |
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After a long time something good is here to read. Yeah, gambling isn’t suitable. Why are we against it, rather I must question it like this. Why some of us are against it and why others are advising to adopt this game? I think we know the destruction that gambling made in lives of our brothers. They are totally ruthless and become miserable in their living styles.
Most times, it is always like that. When you are concentrating on winning, you get emotional and even when you are losing, you keep losing so much more that controlling yourself will be something hard to do and that also comes with winning as you will want to keep pushing your luck further until you are back to base. For those who may see it as fun anyway, there is a way they can at least see anything they win as pure luck and be able to know when to call it a stop. Luck is the main thing that can absolutely make gambling come out successful for anyone and that is if the person does not end up taking the luck for granted. Most people have this mentality of huge winning when it comes to gambling and when some of them eventually end up getting that huge winning, they flop, push their luck more and they lose everything which sets the emotion running and them making more mistakes. What I know about such gamblers are, they were not criminals or just loafers. Most of them are educated and sensible citizens who wants to do something different for themselves and for their country. They get addicted in this gambling thing and there comes a veil over their mind and thinking power. They just get focused on earning money from a thing that can never be source of income. Every person who play gambling have the same mentality, they continue to play gambling only for one reason and that is to make money. I think that very little people may play gambling for fun or enjoyment. |
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the emotions will always be there when your money is involved, I think planning and working with a set target will go a long way
Yes, it is difficult to control the emotion in both the conditions, where you are losing or winning. While losing you will be tempted to invest more with hope of recover loss and in case of gain, you will invest more to get more profit which is greediness. |
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Some says that to be a trader is very risky, if it is really risky why there are still traders and more are becoming interested to be like this? Anything that you can share and advice to a newbie like me is appreciated.
everything have risk, but trading not only give us profit, but it can give us experience and knowledge that we can't get from other activity. and risk in trading activity is not as big as the others for example gambling that can give us 100% loss Are you comparing gambling with trading ? Well, both have risks but trading is much more safe as you never lose until you sell in lose. Gambling is a do or die situation, either you win or loss on the spot. |
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Tax gets misused many times like funding NASA "planet mars mission". There are more meteorite hits on Mars than on Earth but they are spending tax payers multi-million dollars on Mars missions. Wasteful government expenditure of the governments must be cancelled by the taxpayers.
I agree! Some of the governments misuse the taxes of their citizen. However, taxes is essential to every places because that serves as their fund for building public infrastracture that aided to help people who aren't financially stable. Everyone of us must pay taxes so that government can build public hospitals, roads, bridges, and so on. Yes it is very important to pay taxes because this will help to our government to obtain financial income for some infrastructure needed like school buildings, hospital, roads, bridges and etc, to improve countries economy and helps people at most. without any taxes , goverment hard to find finance source to provide public facilities.and maybe if this happen, all citizen can be very angry with their goverment.so we need to help our goverment to provide good infrastucture and other facilities. no taxes no money.maybe that's can be good describtion if we dont any taxes to our goverment.taxes is main income source for goverment to run economic activity. With Taxes, governments run and if there is no tax how will government run ? Governments has a lot of expenditure and there only source to get money is the taxes. |
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Bitcoin is taking a huge plunge!
Are you guys selling to be safe, or still hodl in the hope it will go up again?
Will,everythings will shock of what happen of bitcoin now in the exchanges market,have a huge dump and we dont know exact explanation why its taking a huge plunges now,and where is those bullish market thats we waiting for,thats why,so therefore in my own investment i still be in hodl and not selling position,because if you doing sell now all you can achieve a great loosing of your investment. That is very normal for bitcoin, I think that we have already passed from such situation, but fro every time bitcoin perform so good in the end, I think that this time we also have the same expectation from bitcoin price and therefore we need to remain positive and continue holding our bitcoin. |
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yes, not only focussed on the how much you can gain by invest some money, invest your time and knowledge will arguably much better if you cannot do something useful in bear market (as a trader)
There are many ways to earn money in bitcoin forum but if you invest your money in bitcoin so you should hold it for future and then get some more extra knowledge about bitcoin and more work for this currency that's why you will get more benefits for comfortable life so you can buy more bitcoin with earning bcz investment will more gain your amount. Yes no doubt that bitcoin is a very good currency to hold and make a good profit. From it after some time. but if you are interested in day trading then there are so many other altcoin from where you can make a good money from day trading. |
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Personally, I do not buy a coin if I do not know anything about it, even if everyone around here is beginning to regret the panic that this is a cool project. I first read about its prospects, what and how, and then I buy for a certain amount of these coins. After all, if you believe people without checking information, you can lose a large amount, which nobody returns to you.
To me as I do not consider myself as expert in trading therefore I most try to invest or trade in such situation where the risk of losing money is not so high. For that I most do trading when I consider the and understand that the bitcoin price is trading too much low and there are less chances of losing money. |
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Some experts use bitcon analysis or altcoin so they can have better tactics that will help you to profit from your investment in the right direction so you will have the chance to win and become rich. have more
In fact people make their own analysis about bitcoin price but for most of the time their analysis do not comes true. Some time even the bitcoin expert do not succeeded to give a good correct prediction about bitcoin. |
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The fact that more than 90% traders lost their money on crypto is really true because the market is really unstable, and most of traders dont learn about charts so they can lost their money easily.
No it do not think that it is true. I think that people have already made a lot of money and even still people are making good money from trading and that is the reason that still people are here involve in trading. |
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It's also a strategy I'm using right now and also one of the most basic strategies to deal with losses. However there are otherwise ways to cope with the occurrence of a big/significant decline ie make it an opportunity to buy and a chance to earn even greater profits.
Yes holding is a good option for long term investors, but I think that it is the best option for those people who do not have experience in day trading. I think that they have good option to hold and remain calm and wait for some time, or tell the price increase too much and give them a good profit. |
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Its always better to stay away from such people. In the crypto space I have learnt one important thing and that tells me if someone is contacting you without your consent or without your inquiry about that product and services then that is the number 1 scam mate. There is no way one can believe on such people who are making up things so easy for you. A broker in the crypto would be costly affair and scam call too. So watch out yourself from such contacts and take baby steps to learn whats going on. I would say no to you as straight decision.
Yes that is right and specially if you do not have any direct contact with the broker or you do not know him personally. I think that you should do trading directly using good and secure exchanges where you do not need for any broker. |
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I prefer to increase my dollar because if I have a lot of amount of dollar, I can buy as much bitcoin as I want especially if the price is down like this moment so I can hold a big amount of bitcoin. but I also want to increase my bitcoin amount because when the price increase, I can also increase my dollar amount and I still trying to increase both bitcoin and dollar.
Every person has their own choice, but to me I think that I will prefer to increase my bitcoin and the reason is that I have invested a lot of my money in bitcoin and therefore I am interested to in bitcoin more that USD. |
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I wish the same way too and buy back again today but past is past and its time to move on. Also crypto market will still recover just hold and trust it.
Well many people wished they could go back in December 2017 and dump all their coins and buy back all cheap now. but unfortunately time does not come back and we have to wait for some time for bitcoin to again reach so high |
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I’m going to be accumulating the majority of the coins below over the course of 2018 Q1—I’m a big believer in a diversified portfolio.
Especially in crypto.
I split coins into 3 tiers. Coins in tiers 1 & 2 I will be continuously adding to my holdings throughout Q1.
I based these tiers on my investment strategy, I highly suggest creating a strategy before investing in anything.
You need to have a goal that you’re working towards, and a framework for how you want to reach that goal.
My goal is to increase my holdings of Tier 1 & 2 coins, by trading coins from tier 3 on a short-medium time frame (2–6 months).
I also margin trade Tier 1 & 2 coins and use profits to increase my overall $BTC position.
Don’t margin trade.
It’s bad.
Not margin trading is rule #8 in my “10 Crypto Commandments”.
Some of these coins I don’t believe in as long term investments.
Most of the time, the criteria I use to pick coins starts fundamentally with the team, roadmap, and community.
Once I’ve deemed a coin as “Fundamentally Strong”, I then go into the charts and apply Technical Analysis to determine if I can get a solid entry point.
Sometimes, I’ll see a coin I don’t think will last in the long run, but the chart is just too pretty to say no. I will denote these coins with an [X] by their name.
Cliche Disclaimer: none of this is financial advice, don’t even listen to me, I’m a random person on the internet — I could be full of sh*t and you wouldn’t know it.
Do your own research and only ever invest what you can afford to lose.
Tier 1
Bitcoin ($BTC)
I always hold at least a little BTC. Bitcoin is the market leader, and until that changes, I will always hedge against my Altcoin investments with Bitcoin. I typically have any where from 10–30% of my portfolio in Bitcoin depending on Bitcoin dominance at that time.
Bitcoin dominance refers to the percentage of the total cryptocurrency market share which is held by Bitcoin. You can check the live stat here.
The link also shows the market dominance of the other major coins on the market- spend some time getting to know the chart and notice how coins market caps correlate negatively or positively with each other.
Understanding the market cycles of crypto is pivotal to successful investing.
Tier 2
Neo ($NEO) & Ethereum ($ETH)
Image courtesy of CoinSutra
ETH and NEO are competitors. They solve the same problems, are both serious coins with large market caps, and I hold both as long term investments.
I’m not hedging against my bets by investing in competitors. It’s feasible to me that these two entities could co-exist in the future in a fashion similar to how Apple and Samsung coexist.
There are many prospective couriers right now on the stage of cryptocurrency market, so theoretically you can just go with any of them just make sure that they are included in the top 10 cryptocurrencies. In crypto currency Bitcoin is a king, and no one could come in bitcoin's place. Then i also agree with you, bitcoin is best for 2018 and also forever investment. But one thing we should need it, and that is right time to buy bitcoin and sell bitcoin. |
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a good gambler never chase profit
Profit might be the first reason why people gamble, but a good gambler never attached to the profit, the most important thing in gambling is excitement and fun experience, having profit is just the bonus
They do. They want profit that's why they are gambling money to find more. Just so you know, bitcoin trading is also a gamble. Stop talking that you are saying that fun and experience is what gambling is all about that's so wrong. a good gambler able to control himself / herself
Self controlling is very important in gambling, without a clear mind there will be a lot of mistakes in betting and even causing reckless betting and losing all of the money in split second
Control is a way that makes you want to stop gambling for a day or hour for you not to lose it all. I don't have this ability, that's why I lost .1 btc in a second. a good gambler know when to stop
Setting a limit is very important in gambling, setting a lost limit will prevent you to over spend your money and setting a win limit is also important because in the long run the house got a bigger chance to win due to the house edge
Gambler SHOULD know how to STOP. Just like having a control to one selves. a good gambler never cause any problem to the surrounding
A good gambler know that the chances of losing money in gambling is huge, so a gambler should never used daily needs money or borrowing money to gamble, and a gambler should never think of robbery or stealing to gamble
What do you mean, I thought only gambling in some sites? How to cause problem to surrounding when you're the only person in your room  . a good gambler can accept lost
When losing a good gambler won't blame the surrounding, cursing or accusing the casino as fraud places, losing is the half part of gambling, if you can't accept lost then dont start to gamble
Accepting lost. You lost, suffer. That's how gambling goes. Many people are trying to gamble their life insurance. And that's bad. Great control should be met. a good gambler should able to manage the time
A good gambler know how to split the time for family, for friends and for gambling, a good gambler never neglected family or friend just because of gambling
This applies to anything(job, study and etc.) Actually you are right, these are the key points of being good in anything The most important thing is never chase profit and can control yourself on gambling, because people who are greedy will keep continue gambing no matter what even he already have so much profit. Yes, setting up a limit is very important for gambling, otherwise you can lose everything. Most of the gamblers are not succeeded in gambling because they do not play gambling with limit, they play with everything they have, even if they will make a lot of money but still they are not going to stop it for the time, they try to make more and more money from gambling which in last cause a big lost and nothing else. |
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