When did you start trading? And share me some of your experiences as a trader? Your failures and improvements.



By the way I am new to trading and I want to learn a lot of things about it

The study shows that the cryptocurrency events “have a long road ahead toward gender inclusion” and such events have “to change.”

Bizzabo co-founder and customer success chief Alon Alroy said in relation to the study’s findings that “there is a lack of gender diversity” in the cryptocurrency industry and that it is “reflected in the attendance for these events.” He mentioned that such lack of gender diversity is also true for the tech industry in general.

Click the link for more info: https://www.unblock.news/news/study-says-79-of-cryptocurrency-event-attendees-are-men

Now that more and more countries are starting to go cashless (http://www.bbc.com/capital/story/20180427-does-a-cashless-society-benefit-everyone), is it possible that we also start converting to cryptocurrency? If that happens, what do you think are the advantages and disadvantages? Paying virtually is very convenient for me as I do not have to bring cash and it prevents petty theft but what is the disadvantage?

With recent surge in Bitcoin above $5000, those prophets and prophetesses has come again to predict. All there predictions in late 2017 and early 2018 that Bitcoin will not rest and gasp for breading until it reaches $80,000 per Bitcoin failed to hold any ground. They have lead millions that are following there channels bankrupt in which they are yet to recover. That is why it is good to always do your own research and follow it strictly, even-though it failed, you will be more satisfied than shifting blames to someone that is directing your decision financially. I have found out that majority most times are always wrong.

Why all these stories, they are silent for over a year and suddenly re-appeared about a week ago. Now, there prophesy is that Bitcoin will re-traced to $4200 before we experience any tangible moves, telling there followers to place a pending order around that range. Personally, I don't agreed with them but have an opinion that they will join to buy in $6300 - $6700 range. Technically, on which side would the shift goes based on your justification.

A lot of people out there are looking for the real information on how to startup a Bitcoin Casino or complete betting site. So, I am going to present this short tutorial from the stand point of experience, not a mere hearsay. No doubt, gambling business is a capital intensive business venture, and it requires a lot of expertise in order to be successful in the business. Again Gambling (bitcoin based or not) is a highly regulated business in many regions. You need to have that in mind before contemplating your moves.

Having considered these important facts, I will now present you with (the step by step) what it takes to setup your own Bitcoin casino business.

1. Secure a World Class Name for your Casino/Bet Business

Name is one of the most important aspect in any business. If you get this wrong, you may regret later. I have seen a gambling company unable to fully reach their potentials because the domain name they decided to settle on was not good enough. Serious gambling businesses don't just pick any random names, they invest serious money to acquire well thought out names that will stand the test of time.

Check my other thread to learn more about gambling domain names and select from some of the best, carefully selected premium gambling domain names available for sale. There are many factors you will consider before choosing a domain name.

- The Domain Length - It is good for a gambling domain name to be too long. That will be it difficult for your prospective clients to remember or get used to your gambling website. You need a name that is short, not more than 8-caracters except if it is exceptional in meaning. The shorter the better.

- The Brand Ability - How brandable is the domain name? This is an important question your name must answer. Your name is your quality statement. It must be 100% brandable to enable you create a logo that will make lasting impression with your prospective customers or anyone who sees your betting site for the first time.

- The Pronounce Ability - How pronounceable is your gambling domain name? Make sure your domain name pass the radio test. How? Checks if people can spell your domain name when they hear it probably on radio. They need to be able to type in your domain in order to visit your website, so it’s critical that your name is memorable and easy-to-spell.

We have done the hard work for you. Simply select from these carefully selected Premium Gambling Domain Names that has pass all rigorous vetting.

2. Secure a Gambling License

Forget about what anyone is telling you, no gambling provider will work with you if you do not have a gambling license. Be it payment processors, software providers, feed providers, or even most Bitcoin wallet providers. No reputable one of these will agree to work with you because they too are regulated. If anyone promise to offer you a service with a license, then know it that he is attempting to scam you.

There are companies online that can help you with your gambling license. One of them is FastOffshore.com. Visit their site to find out more of the requirements to get different types of licenses. Choose according to your needs. The most popular if Curacao license. Below are some of the requirements for Curacao License -

Basic requirements are:

    Police Clearance Certificate / Certificate of no criminal record;
    Certified Copies of Passport* (the pages with photo and signature);

    Original or certified copy of a Utility Bill;
    Original Banker’s Reference (Relationship must be longer than 2 years)
    Original Professional Letter of Reference from an Accountant or Lawyer (Relationship must be longer than 2 years);

    CV / Resume;
    Details of Software including copy(ies) of software agreements and/or 3rd party certification of the RNG application and its fairness (if applicable);
    Proof of domain ownership;
    Copies of Terms & Conditions which must include underage gaming policy, responsible gaming policies, and AML policies.

The aforementioned documents are required from each and every authorized person, officer, director, shareholder, beneficial owner and ultimate beneficial owner.  

NOTE – All documents must be in English and dated no older than 30 days.

Where documents are not in English, certified English translations are required.

3. Get a Reliable Gambling Software

There are many reliable Gambling software and feeds providers out there. I am not here to recommend nor condemn anyone. However, I would like to point out how to identify a reliable gambling software provider.

Simply ask them to show you their current users. If they provide you with some well know gambling companies who are currently being powered by them, then know that they are reliable. Verify and be sure that these mentioned companies are truly running their business with the said provider.

But if the gambling software company you intent to use only provided you some stagnant or demo sites, run with your money. Serious software providers are always quick to flaunt their successful clients.

If you are able to get a reliable one and negotiate with them, they will provide all that you need. Such as, Casino, Sportbook, payment gateways, and even help with licenses.

I will be adding some more details as time goes on.

4. Cost to Build a Good Gambling Site

Curacao License cost about $19,000 for the sub-license which is perfectly okay for you

Good software vendor will charge you  between $30,000 to $70,000 for the all-in-one solution which includes Casino, Sportbook with over 30,000 monthly live games.

Premium Domain name will take $10,000 to $50,000 depending on the name. I can provide you really great names you can't find anywhere else.

Marketing and promoting will take around $100,000. Your budget may increase and the needs increases.

There are still some other costs involved, such as hiring staffs and initial payouts. I will be adding some more details about that later.

For the true believers, Bitcoin will always have value as long as it exists.

We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.

The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.

It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.

  A lot of speculation has been made regarding that altcoins are dead we have seen fewer initial coin offering this year and part of those few has been a failed venture.
But never the less that is certainly not the end of altcoins

Running a lost as an altcoin investor can be easy because there are various altcoin out there And so many are poorly managed.

You can cut your losses to some extent by.
*investing in several top altcoin(spread your investment)
*seeking expert opinion
*disregard shilling or FUD
And if you must move a way from established altcoins
*study the volume
*check on the project owners reputation
*compare and contrast the white paper, potential investors and future possibilities of the coin.

And one major key for every cryptocurrency investor is patience and hold I repeat you your altcoin

We've seen coins goes down, and up in the market,
but since the last two days crypto stabilized,
are we going to see the coins upward or this is just a big trap for us
while rich names gathers all the good coins and left us with shitcoins in the market
what are your calls for this one i hope we share knowledges for everyone

I know it is basically impossible but what if, while you slept the bull run commenced and the price of Bitcoin climbs to $50k and then goes back to $3k just as you wake up. Then you see the charts for confirmation of what went down while you slumbered. What will you do by then? I want to hear your thoughts on this. 

I have read a lot of threads the past few days but infortunately I was trying to look upon discussions that talk about cock fighting. Why? because this event is one of the old gambling activities way back and up to present. I do not know if it is known by other country but for sure in Mexico, Spain and Philippines cock fighting is widely spread. Sometimes it is legal but sometimes men operated it illegal.

Does you country know about this cock fight betting?

Hey guys,

Some questions here I recently started trading crypto so now I wonder/ Any advice who is good to follow on twitter or whatever about altcoin information or tactic insights ?

Also what are some good ways to analyse charts for TA purpess ?

If you have any good tips for me please share here or PM me It is highly appreciated !

The National Development and Reform Commission (NDRC) revealed its intent to eliminate the bitcoin and crypto mining sector immediately in its guidance for adjustments to industrial structure published on April 1.

The list of sectors that will be encouraged, restricted and eliminated will undergo a public consultation period until May 7 according to the report of SCMP, and as such, mining facilities in China are likely to be able to operate throughout the next month or two.

If after the public consultation phase the NDRC and the government of China move forward with the current plans to shut down the bitcoin and crypto mining sector, it would signal the end of the most dominant bitcoin mining region.
Why It Could be Good For Bitcoin and Crypto

The potential imposition of a ban on crypto mining may lead to the decentralization of mining across the global mining market and encourage miners based in China to move to foreign countries.

“Bitcoin mining will no longer be dominated by China but become more decentralized,” a Beijing-based cryptocurrency research company analyst Michael Zhong told SCMP, emphasizing that Chinese miners in Yunnan and Sichuan would have to leave.

For many years, major mining pools based in China in the likes of BTC.com and Antpool, some of which are operated by Bitmain, have had dominance over the hash power of the Bitcoin network.

As a proof-of-work (PoW) blockchain protocol, the Bitcoin network needs computing power to verify transactions and broadcast data to the Bitcoin blockchain network.

As of April 9, BTC.com and Antpool alone have over 31.5 percent of the hash power of the Bitcoin network, both of which are subsidiaries of Bitmain.

CCN | https://www.ccn.com/chinas-bitcoin-mining-ban-plan-good

Hey

This thread to discuss the operators and platforms which allows betting and gambling with BitcoinSV, Bitcoin Satoshi Vision

The advantages of BitcoinSV were well presented in the Satoshi Vision iGaming Practices VIP Party highlights and getting to be well known among the industry with some leading operators already adopting this coin, its eco system and fans around the world

If you know a leading operator or a payment gateway already using BSV, please reply to this thread

Thanks

That's sound interesting because this is my first time to heard about VIX indicators, but after I do a little search, we might get more information related to the fluctuation of the price or the trend so I think it could be useful for traders too. I try to combine with Bollinger Bands, and I see a new pattern on the chart. I hope that it could help me to analyze deeper. Thank you for sharing this information.

Hello guys!

Look I know how bad it is for us to see the entire crypto market. I even myself was concerned about my future if I just keep relying on crypto trading, bounty hunting, etc. I understand how you guys feel, because I feel the same way too. I had a gut feeling that crypto may not fully recover next year. This is why I want to share something for you guys to have a heads up just in case 2019 isn't what you are really expecting.

1 - Save a portion of your day/night job income and make it a habit

This is probably one of the hardest things to do when you're making a living with your day or night job. The first thing to do for yourself is learn how to PIF (Pay It Forward). Every time you receive a paycheck, start committing to yourself that you should reserve that specific amount to your piggy bank or so and never touch it until the time is right. Maybe you can use it for emergency funds, starting a venture, etc. Once you do that by disciplining yourself in this habit, there's no doubt that you'll be on your way to success.

Although there is nothing wrong if you just stick to your day or night job, but it's not an ideal way to become time and financially free. You can't simply just put all your eggs in one basket you know? Learn how to diversify by involving yourself to multiple income streams.

2 - Invest in a profitable venture and increase your cash flow

I admit that last year was our year. It's our breakthrough! However, this year had gone the other way around in which the bears are winning. I did #HODL some tokens, but I was also asking "What am I gonna do with my money sitting in my wallet or bank for a very long time?".

The goal was to potentially secure our future. I usually don't treat crypto as a full-time income source. Definitely not! They're just a fuel for us to be provided with additional needs and wants. Even though crypto could potentially "moon" when the time is right, increasing our cash flow was the right thing to do.

To do that, start investing in a profitable venture. I usually don't recommend investing in insurance though. They're not ideal for me. I usually invest in urban hog raising, which is agri-related and it isn't gonna saturate due to the demand of pork. Investing in BPOs, construction businesses, etc., as capitalist would also be other good options. Starting a traditional business isn't my forte. I don't want to stress out my first few years in doing hands-on. Leveraging is the key. Let the money work for you.

But hey, don't quit your full-time day/night job until your passive income coming from your ventures are bigger than that.
 
3 - Learn to live broke temporarily by cutting off your expenses

We all know that bills cannot be avoided. Yes, and all of us are feeling the same thing. However, if we want to survive, we should learn first how to live broke temporarily. You don't need to buy expensive shoes, clothes, TV or so if you're still struggling in your life. What matters is that you can still use them, right? There's nothing wrong if people see you wear same kind of old shirts, uniforms, pants and shoes too often. You don't need to go to Starbucks or any other expensive coffee or restaurants out there if your income is so limited. We can still purchase sachets of coffee at affordable prices.

As long you're not yet financially stable and your expenses are bigger than your income, it's not ideal for us to keep spending on some things that aren't important in our daily lives. You can only do that by learning how to get out of the rat race, in which your income is bigger than your expenses.

I am not an expert, but these tips are surely helpful based on my personal experience. They're gonna be difficult from the start, but if you keep going, everything will run smoothly.

"The single biggest difference between financial success and financial failure is how well you manage your money. It's simple: to master money, you must manage money." - T. Harv Eker

Do many people around you claim that bitcoin is bad? yes this happened around my place.
I don't care what they say, even though I haven't been here long, but I'm sure bitcoin isn't as bad as they think, this is a future technology where when the future comes, we are ahead and they are still behind  . I am sure of that!

What is Ethereum (ETH)?

Ethereum, introduced by Vitalik Buterin has drawn a lot of attention from the crypto enthusiasts, for securing the second position with the largest market capitalization. Ethereum, as a platform, enables dozens of cryptocurrencies to exist, without having to build their own blockchain technology. Ethereum enables developers to build smart contracts, that automatically execute tasks when certain stated conditions are met.

Ethereum has two main functions: keeping things running smoothly by compensating the mining nodes and pay people under smart contracts platform.

Market prediction for Ethereum price 2019
With the market being so volatile and the sudden downfall of ether, predicting the price of the cryptocurrencies is not an easy task.

Let’s consider the eminent publications and personalities, and their statement regarding the Ethereum (ETH) price prediction, which will give us a fairer idea:

#1 Joseph Raczynski Ethereum Price Prediction 2019
The founder of Joe Technologist.com and a blockchain enthusiast with 153K twitter follower, Joseph Raczynski predicts that the value of Ethereum might reach $1200 by the end of 2019. He even stated that the ETH network has the largest developer community and that Ethereum's proof of concept is popular among institutional investors.

#2 Ian McLeod Ethereum Price Prediction 2019
Ian McLeod, an influential technology expert of Thomas Crown Art predicts that Ethereum might reach something more than $500 by 2019 as it might experience a global and monumental breakout. He mentions that BTC might lose 50% of its crypto market share to ETH in 5 years or so.

#3 Nigel Green Ethereum Price Prediction 2019
The deVere group, one of the leading International Financial consulting firms'  CEO Nigel Green, predicted that Ethereum would reach more than $2500 by 2019. He stated three reasons for ETH price increase- more platforms used for trading and more demand for digital currencies, increased use of smart contracts and the decentralization of cloud computing.

#4 Trading Beasts Ethereum Price Prediction 2019
According to the website, Trading Beasts, the price of Ether might reach $908 by the end of 2019, the average price might revolve around $650. That was a very conservative, yet realistic price prediction for Ethereum.

#5 Brian Schuster Ethereum Price Prediction 2019
The founder of Ark Capital LLC, Brian Schuster made a very bullish and optimistic prediction. He believes that Ethereum may reach $100,000 in another 5 years or so, and will eventually replace gold with crypto.

Read here with the detaiils: https://coinswitch.co/news/ethereum-price-prediction-2019-eth-price-to-touch-1450-usd-in-2019-latest-ethereum-news-update

Share your thoughts aswell...

after june my all coin price going down and down, now is lowest prices in 2018 ETH, what you think about market recover time?

Crypto whale watchers are tracking a pair of huge Bitcoin transactions that moved a total of 20,378 BTC worth about $102.5 million.

Both transactions happened between unknown wallets and do not appear to be traders gearing up to sell.

    9,939 BTC worth $50.0 million transferred from unknown wallet to unknown wallet
    10,439 BTC worth $52.5 million transferred from unknown wallet to unknown wallet

The movements are part of a larger Bitcoin whale migration happening as the markets move into the red.

In the last 24 hours, whales moved a total of 42,616 BTC worth about $215 million, at the time of writing. The vast majority of the BTC was moved off of crypto exchanges to unknown wallets, or from one crypto exchange to another.

Right now, the crypto market is a sea of red. Bitcoin is down 4.86% at $5,036. Ethereum is down 8.61% at $164.77, and XRP is down 8.13% at $0.3285.



Technical analysts say the market downturn is putting projections of a near-term BTC price rise to $5,800 on ice. According to CoinDesk analyst Daniel Paomer, the drop may have “thrown a spanner into a bullish market setup that had looked likely to propel prices to highs not seen since late last year.”


Reference: https://dailyhodl.com/2019/04/11/bitcoin-whales-move-42616-btc-as-leading-crypto-tests-5000-btc-ethereum-xrp-litecoin-forecast/

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...