I am earning and collecting bitcoin to bet on sports in future.Will it be a good choice to invest in it betting or other things.Where should i invest my bitcoin to have a long term profit?
If you have knowledge in sports betting then go on try your luck in gambling atleast you have tried, you will never know the results if you would not try it. But for safest and longterm investment try to hoard your coins and compare the gaining result against gambling then you can decide which is better of them all. Sports betting is really a good type of gambling for those who are longing for long term success, there is no house edge and we can choose whatever odds we like to play. For me, it has been my gave for years now and I feel the entertainment despite the fact that I don't make profit, I know my limitation and my capacity and gambling is really just for entertainment to me. If you are gambling for fun, it doesn't matter if you are a newbie as long as you know the risk and you are a responsible gambler. In gambling as newbies, there is only one chance you can make a profit that is sports betting. For this if you have knowledge on sports is enough you can choose the odds and place your bet. for other games you have to learn first and later you want to play. So you are a pro in sports betting means continue it will give you nice profit in the long term. |
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At a younger age I liked slot machines, but now they do not bring me such pleasure as playing roulette, poker or sports betting. I think gambling machines are good only for beginners.
You are right when we don't have any experience how we choose an easy method like that in gambling also slot games are easy games for beginners. Whoever enters to gambling they first play these slot games and later on they will start to play skill games. We can't play slot games more time it's boring. So playing skill games like Poker, sports betting and other skill based games are good for time pass. |
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i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling
Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading. You cant compare trading and gambling. Both have advantages and disadvantages and both attract different types of customers. Traders are mostly professional and they trade to earn a living. Gambling is a game which is play by most people in leisure time and it is not necessarily a fixed income for most of the gamblers. this is slightly true that in gambling people are more likely to rely on their luck although sometimes use strategy to do so and trading normally skill are necessary because more skilled you then the chance to get profit is very much better but the risk are almost equally same because i have been seen there is a person could lost their money instantly in trading because he was trapped to someone had suggested him to buy the particular coin the good thing with trading is that, as long as you are trading with high volume altcoins, you will not going to lose until you sell it. So, basically, we can just hold the altcoin we bought if the price is going to go down right after we bought it and will just wait before it increases again and then sell. High volume plus well reputed coins if we buy means we no need to worry about any dump. it is sure that again it will come up and we can make a profit. Trading is risky only if you buy any shitcoins to expect sudden profit and you don't have the patience to wait. Otherwise, we can make a good profit in trading. Gambling I will never prefer anybody because we can't make anything in this gambling only money waste. |
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Do I need a lot of GPU for trading like mining? And mining and trading is different right. So How will I learn buying a PC? because I only got my laptop here no desktop. Which is the easiest way to earn? Mine or trade?
You don't need a lot of gpu for trading. All you need is trading acumen and some mathematics to get through with it. Mining is technically AUDITING. Trading is about maximum rewards or profits. You will learn both even without a desktop. Mine other high yielding currencies and convert it into Bitcoins. This is like hitting two birds with one Bitcoin. Your trading and mining at the same time. And the easiest way to earn is mining. Because the mining software is automating the auditing process. You earn even while you sleep. trading is much better than mining if you are looking for profits all you need to know is proper understanding about the trade or coin that you will going to support unlike with mining you needed good gpu in order for you get good numbers of rewards instead of using your money better to try first trading and if you already gain then start to build your mining rig. Today, almost miners also are traders on the cryptocurrency market, they do not stupid to sell their coin with cheap price when those amount can increase more in future. No one want to earn small profit when they can earn a profit better. Right who will take a loss to sell for a low price if they know it is more worth in future. You know nowadays the miners become good traders they can predict that which coin is good and which is going to dump and pump. So based on that they will mone coins. So both trading and mining are like 2 faces of one coin. |
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The new currencies are popping up everwhere and some are successful and gaining more profits for some quicker and and alot more then bitcoin did for alot of people. It would be foolish not to shop around in these new currencies after witnessing the payday bitcoin presented.
I think not all cryptocurrencies can be successful, just use the right moment to make a profit How many of these currencies are legitimate and how many are scams? And among the legitimate ones, how many will give you profits that could amount that high? It's very difficult to assume because several factors are at work. You have to have all the positive aspects working for you to achieve this Again this also depends on our luck. Becasue we are not sure which is a legitimate coin and which is not. Putting trust on one coin needs more information so first study the coin details white paper everything, and you feel if it give us good profit in future you can invest, but a small amount does not a take risk with a big amount. If you luck is good, you can achieve your target. |
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It's a good choice. I'm sure those online gambling sites will only accept promising or popular coins. It's a win-win situation because when you lose, it's only a small value but when you win, you need to save many of them for the future and wait for it's value to rise and sell it.
Using bitcoin in gambling is a lot more better than using this altcoins on gambling, using altcoin on gambling is hassle because you are going to convert it first to bitcoin, while if you are using bitcoin, there is no need to do so, and the price you might get is bigger compare if you are going to use altcoin. Most of the gambling sites use bitcoin because the majority use it. Now all gambling sites are allowing players to do gambling with altcoins and bitcoins. The major coin is bitcoin, but they are included few altcoins in their sites. And yes using bitcoin is better than using altcoins because here we have to pay multiple conversion charges and in that time the price varies means without playing gambling we will get the loss. So better if you play with bitcoins no extra charges you need to pay, and it is acceptable in all casino sites. |
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Yes. It's just like lotto. The chance of winning the jackpot is very,very low but you never know if it's going to be another person or YOU. The small investment you put in that game can still win a 2nd prize or 3rd prize so just be hopeful.
It always start with small. there are so many billionaires who started their life with scratch and dint had money. if small would not matter then how would they have become billionaire. Its always good to start with small and come up rather than having so much money and do not know what to do. So invest and use your money smartly to grow in future which will help you. I think the investment is based on which business your going to do. Not every business we can start with small amount and also not all business will need high amount to start. So here how much you are going to make investment is not a matter for what purpose you are investing is a matter. |
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When do you stop? Do you have a daily limit or something?
it depends on you on what is your goal. if your happy and contented to win just any amount on gambling then you should stop and relax and comeback again later or the next day, but if your goal is to reach 1btc then you should keep on betting until you reach those amount or until you get satisfied on your winnings. in my case i usually stop when i win something even if it still a low amount and then i withdraw it emmediately to avoid loosing. Sounds like you are always winning, which I personally doubt. Most people in this thread are talking about stopping when they can't afford to lose more and that's what I'm doing normally. Also your advice to keep on betting until one reaches his/her goal looks very unpractical and, in fact, dangerous. You can't be serious setting a goal to win 1 BTC in one day, because if you are then you need a professional help. Limiting our target and bankroll is good but limiting like 1 BTC or more money is not safe. Nobody will win continues bets in gambling. And to reach this target one we should bet high amount or else we have to play a long game. Both are very risky high bet games will eat your money in a few games and long term play also not leave you to win money in gambling. So limit your target for a small amount and play then this method will work. |
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Its a hard decision to play with profit or no, but if i were me i would cashout my initial deposit more 30-50% my profit and i would keep playing with the remaining balance, with those i would quit gamble with profit no matter what would happen with the profit i had left for gamble, the worst cenario i will loose my 50% profit, but in the end i would stay with profit.
Winning in gambling is a very rare thing to happen because most of the time people lose money. So when you win some money it is better to withdraw that profit and feel happy. If I can make some profit like 20% or more then immediately I will withdraw my money and stop my gambling for that day. that's very true, when we have gambled and earned more than 20% we must start thinking to take advantage of what we earn, because usually in some cases that happens often people run out of funds because they stay for too long in a gambling It is wise to leave the game when you have hit the jackpot and have a chance to flee away. Gambling can be very addictive and with few winnings, people get hope of becoming rich. They start thinking that they are lucky persons but after some time, most of them end up losing the little profits also. saving or losing both with our hands only. You will satisfy in less profit and withdraw that money, of course, you will feel happy, and there is one satisfaction that you can save some money. Instead of doing this you become greed and expect more profit and if you that winning amount to make more profit means your ending will be a little profit or a loss. |
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Yes you can't 100% predict what will happend weekly/monthly it may go high or go low but people know how to get a stable income by just trading.
although we can not predict exactly for 1 month but we get a stable income. there are currently no other jobs that can ensure we earn money. at least we can get income that may be in accordance with expectations, trading is a safe job in my opinion. do not take too long holding the coin, the most important is when the price goes up then I will sell the coin that I have. do not expect too much because we better get a little profit than wait too long. I apply this in every action I do and I am grateful to get very good results to make my family happy. I agree one point in trading we don't become greedy and we don't make any big expectation. for suppose if you are expecting to make minimum 50% profit in one attempt then you may have to wait for a week or a month or more not sure you can make it in short time. But if you put a limit for your expectation for example 10% or more this could be possible in short time. Like this you have to trade and increase your capital. |
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Trading can only suck when you rush into it. I am not a very good trader but from what I know, you cannot just rush into trading thinking it is a ball game. There is more to trading than just prediction. Without the proper knowledge, it is apparent that the same way a wannabe trader rushes in is the exact way one will rush out just like what just happened to the OP. Being a Doctor is not for everyone, engineer is not for everyone, trading is a profession and it isn't for anyone as well. Learn first, before making an attempt and your first attempt after learning should not even be with too much funds.
Exactly until we learn everything in this trading investing a big amount is not good. You are right not everyone becomes a good trader. Some people will do trading for passion, and some people will take it very seriously, and they are looking their life in this trading. In trading, if you have the patience to wait for the right time you can easily make money. More important thing is you must know where to invest here you do anything wrong your predictions will go wrong. |
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I feel more comfortable with long term trading. Because, my emotions are not disturbed by market price volatility. Also, i think it's more effective and efficient.
This is nice if you can't control your emotions and you no need to get any disturbance from market price volatility choosing a long term investment is a good choice. If you invested in a good coins, then 100% that coins will grow after a few months or years and you will get profit. What coins have you invested in?
For a long term profit, i have invested in bitcoins, waves and ETH. |
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Yes it is a good idea, havingaccess to a lot of bitcoins then you might not stop gambling because some people can't control himself and this is what becomes a problem.
Setting limits is something any Gambler should think of before even trying to play.
If you have lots of bitcoins then it is better to avoid gambling, gambling with bitcoin is a lot easier than to gamble with fiat, you only need an email and a bitcoin wallet, you do not need anything more than that, so if you are not careful about gambling you could become addicted in the future. If I have alot of bitcoin then first thing I will do is to invest some into bitcoin gambling site, there is nothing better than gambling site investment. If we choose to gamble then we are going to be addicted. Somehow people will still gamble if they choose to invest just like me but the portion for it would be alot smaller if you dont invest You cant force anyone that they should invest on the gambling house itself and also the amount needed to be invested on those houses should not really be small if youd like to feel the profits.This is really much safer but less profits but good for long term specially if you tied up on legit gambling sites but thinking off risk would really be always there. Investing in gambling site is always a risk, we are not sure when they will shut down and go. But if we only think about negative then we can not do any business. We have to put some trust then only we can able to achieve anything in our life. Here if you spend some time and find a legit site to invest means you will receive your income like your salary. |
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For my point of view it is only better if you have trading skills,
But if you can't control your emotion I suggest don't try some alt-coin trading.
Gambling is unlike trading because if we want to trade then we need to have atleast some knowledge for it. If we dont really have any knowledge or skill then it will be gambling pure on luck. I dont think that every trader have the skill to trade, some just make it looks like gambling and try their luck. Atleast thats what I know but still it is better than gambling You have a point, not every trader will have enough knowledge to trade some people will just try with buying high volume coins and they do trading and make a profit. But this kind of trading will profit only one time or two times everytime it is not possible. To become a pro trader, you must learn trading first then only it is possible. Doing trading based on luck is not worth and a waste of your money. |
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Hi traders!
Does somebody here do trading in stock market and also trading in bitcoin? Which is more profitable and safe?
Thanks ahead!
If you are looking for a more profitable way, so cryptocurrency is the answer for it. See to it that bitcoin is just 8 years, and it grows so large defeating all those stocks growth including like Facebook, Netflix etc. I do trading and the percentage of having profits here is big enough compared to the given numbers of the members here who invest in stock markets. Then for the next question? Safety of your funds? No I think the two are not safe, you can lose your funds in either way. There are no investments that will guarantee you a win situation unless it's a fraud. Although bitcoin provide more profit but there is some risk beneath on it. The risk is very unpredictable since bitcoin value depend on supply and demand, not like other trading that include world issue for example that affect their market value. When you decide to invest, you're risking your money for profit so prepare yourself before trading The stock market is completely different to compare bitcoin trading. They way of business is same, but in real time it is different. You are looking for a profitable way then you can go for bitcoin trading. In a stock market if you buy any shares you have to wait for many years to get good profit. But bitcoin will give you double profit in just 1 year. |
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Should I stop buying BTC for above market value or should I start paying the listed price? I support Bitcoin and still pay 5k a BTC does anyone see bitcoin going back up?
In fact ,you should know marketcaps day, 7 days and months, or year. if you believe bitcoin will increase again, why not buy more ?, but many people say "bitcoin have high fluaktatif price " . personally, I prefer investing to some altcoins have good quality. Right now buying bitcoins is pretty expensive you can have that much money then it is ok but don't have more money you can go with altcoins. We have many well reputed altcoins that will give us 100% profit in short time. Now once again all altcoins are coming down, and we are getting a chance to buy it for less price. |
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Go far away from any casinos or if you are doing it online, avoid using pc or mobile phones or just cut your internet connection.
This is the dumbest advice ever. How could that someone will earn bitcoin if he is going to cut his internet connection just to quit gambling? I don't think so, you don't need to do such thing just to quit gambling, if you are really dedicated on doing so, then you just have to quit it and no other things will be affected. You could quit gambling by diverting your attention on to something more important than gambling. There is a lot of ways on how you could earn money aside from gambling and a lot of safer than gambling. I don't think that is the dumbest advice but a good enough advice.Gambling is not always about bitcoin, and if you just do it with bitcoin you should be able to ignore bitcoin, you have to do it in total to make you succeed. People who dare not neglect anything will not make a difference. So I think it is a difficult thing but it will give a significant change. The advice is not bad even the doctors also suggest the same advice if anybody addicted deeply to this gambling. When we are involved anything in deeply and to stop that addiction we have to stay away from that source. Then only it is possible. Taking a holiday and going to long trip with friends and family these methods also help to stop gambling. |
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Hi, I was wondering if I should quit my job and focus more on bitcoins? Because I think it might get me even richer without a job?  no. I remain true to my real job. a lot of free time to get involved for bitcoin, I take advantage of empty time, like afternoon and evening. Yes use your free time to make bitcoins and spend more time on weekends it is the good way to earn bitcoins. Don't quit your job for bitcoins. I have one question what will you do after leaving your job? Focusing more on bitcoins means what? How will you earn bitcoins and where you will earn bitcoins? Earning bitcoins is not easy mate. If it is easy, then everyone will quit the job, and they do same what you do. |
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Yes it was really a nice move, First thing is you do not need to worry and patience is all that you need. Next thing while you are waiting is you can still work on campaigns and earn a lot of profit. Just make use of the time while waiting till the price rise up.
I agree patience is what we needed in bitcoin and long term goals is better if you are going to invest in bitcoin. After so many years, you'll just laugh at yourself when you remember the old days that you had sold your bitcoins at lower price and it is cause by your panic because you don't know that holding for a long time is the best thing to do in bitcoin. Why we need to wait for so many years to experience this thing we are already feeling like this by remembering our past days. When is started to earn bitcoins that time it the price was $300 plus. And I earned many bitcoins that time and sold it to get money for my personal use. Who knows the price will increase this much high. But now I will hold my bitcoins I don't make me laugh on my face after many years. |
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By and by, I think it was a correct choice. On the off chance that you are simply losing cash with trading, there is no motivation to proceed with this.It's not all that simple the same number of individuals normally say, and there is no sheltered life on the off chance that you live just by trading. It's a similar when somebody supposes he can live just by trading money.In my own experience like betting, trading likewise will be pulling in traders to return once more. Along these lines, stopping won't be a perpetual end. Ideally traders will continue their trading after a few breaks.
You are very much right. I think no one out of us knows under what circumstances he quit trading. I myself have a strong believe in trading, but there comes a point when you think to quit it. I must suggest him that you need to take a good rest and then you can start it later on with more zeal. Yes we don't know exactly for what reason he is taken that decision, Trading is one type of business, and here we will get both loss and profit we have to accept it and move forward, or else we can't sustain this field. You had a bad experience in this field then take some rest and learn more about this trading and come back. If we lose money in gambling, we will try to recover it in trading, but if we lose money in trading, we don't have another source except for our real time work. |
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