In my country gambling is still looked down as an immoral activity, personally I don't look down on gamblers or anything but there are without a doubt more productive things to with our time.
Actually in countries where the population is less educated and the employment level is low the government and the society looks towards gamblers as a criminal because its hard to get employment and they are ruining money. While in developed countries they take it much lightly and gambling is considered as a fun activity. |
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What is the minimum amount to start as a trader?
For me, as long as you know the minimum amount in any exchange platform you can start trading, Now if you want fast earnings of bitcoin you need to invest 0.05 BTC for you to grow your coins quickly, or if you don't have any bitcoin and don't have any amount 0f money to, can do bitcoin faucets but it will need time and effort, meaning you need to patience. I think it varies from person to person because I know some people ( well, they were friends earlier but now they have earned attitude ) who invest like 2-5 bitcoins when the price is low and sell at higher prices. But usually you should start with a capital based on the risk you can take, like if you are a risk taker in this trading business then even 0.05 is fine but safe trading means at least 0.25 should be there to cover any loss in the beginning. |
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My strategy is to buy bitcoin in a low price as much as i can and sell them at a very high price. When u get use to it u can earn lots of money if u have a Skrill, Nettler, Webmoney or a visa account with USD in it i can recommend u IQ option i use that website/app to trade. It is very simple u can search online to get more information about IQ option.
Pretty common yet very profitable method. But I guess the sort of trading OP is talking is like selling bitcoins at higher price to those who need them and buying bitcoins for cheap from those who want to buy it. Its quite a awesome business since it does not require much capital til you have both type of customers : buyers and sellers. |
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A nice balance of both is necessary . It also depends on your risk taking appetite. Save what you invest. Investment is necessary for any middle aged man to grow further whereas saving is necessary to retain that development.
I think apart from the daily necessity the remaining should be savings. I am personally that sort of a person who enjoys his today and does not care much about his future and not at all does remember his past. But there are serious times where I regret a lot doing that, like I need to pay some fees while I have spent all of it. So save some for sure if you don't want to face bad times. |
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For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control?
What is/are your purposes when yu buy bitcoin?
I haven't tried to buy bitcoins but if ever I am going to buy it will be only for two reasons and it's to have my money under my control, and to gain profit . But for now I don't have plan to buy bitcoin because i don't have enough budget . Yeah you are right its quite hard to find some cash for buying bitcoins specially when a recent festival has occurred. I often buy bitcoins because I love gambling with bitcoins and I have to give no verifications and all if I somehow win other than that I buy bitcoins when I get my salary and I have no financial commitments made to myself. |
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Do you play dice manually, using autobet or third party bot?
If you play using built in autobet what features options you consider most important?
Yes i did, with third-party bot since it has more function and usually faster. But only when i have lots of capital or i just too lazy to do manual bet. But, someday i find that using autobet is no different with autolose, so i stopped it. Also with 3rd party bots we are sure that the site cannot manipulate the rolls since the bot providers put some features like mixing seed after some 100-200 or even 10-20 bets and hence making it much more safe and fair for us. While they are better but still we should be careful because a lot of fake developers try to steal the bitcoins too by giving rigged bots. |
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https://yobit.io/en/dice/ try this one very very fast,very fair, a 100% win, lots of choices, BTC, LTC, doge etc. very reliable, very fast withdrawal. Easy to access.  I am not so sure about the speed of betting there but the provably fair system either is not available or I missed it when I gambled some last time. Actually if I was asked to rate the poorest dice sites, I would name yobit dice because it is not provably fair, while it might be probably fair. So I would love the provable one over probable one. |
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Maybe it was when I bet all the money that I have on a gambling site because I thought I was going to win the jackpot like the others but unluckily I was wrong and that is the most thing that I'm still regretting that time. It is almost 1 BTC and that is a big price for me because I have dedicated all of my time and effort their to earn that amount of bitcoin in time and it just vanished in that gambling site.
Yeah 1 bitcoin is a pretty big amount to lose, I am feeling sorry for you. Personally my biggest mistake in gambling was that I left gambling long ago but then I could not resist myself from playing and hence I gambled again. Even I gamble with small amount I feel it is an unnecessary way of entertainment, I feel guilty on me for repeating same mistakes. |
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They gamble of course. And they gamble more than the adults do because it is their only way to earn their own money so they depend on it. Thus they are just losing their money and make them more addicted to it. Their parents or guardians should guide them and tell them the bad effects of gambling for them.
Yes you're right adults don't even think to play gamble anymore they are just saving there money instead risking it into gamble but it always depend but most of all gamblers nowadays are under the age of 18 most of them are addicted right now and asking money for there parents just to play gambled. Yeah most of the gamblers are between 16 and 25 because in that age the students become more bold and before 25 adults don't have the wisdom to avoid gambling and hence this age group is most prone to gambling. I think apart from some legally licensed site none asks for the age verification. |
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To keep our btcsecure even a big or small amount we must always consider that we cant trust any sites or apps that much , this apps were all controlled by a developer though there are still some that is really trusted. Try to portion it on diffrent wallets or why not consider investing on different andreliables investment sites its like storing too jut dont put all in one investment.
No man, I would never invest my big amount of bitcoins even in different sites because its fine if its 1-2 bitcoins but suppose for those who have like 100 - 200 bitcoins would they or even us be able to digest a loss of around 10-20 bitcoins in a scenario a site scams. I think using online wallets for storing big amounts means you are risking, better use offline wallets and less often open them. |
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I want to make money from Bitcoin Trading. So First, I want to learn Bitcoin Trading. Please advise me or recommend me some resource where I can learn Bitcoin Trading.
Nothing you have to learn brother because trading bitcoins is pretty simple and what all you need is just patience. you have to buy bitcoins when you think the price is low usually I prefer around 600$ but usually anytime buy it, because you will sell at higher price and maybe just need to wait sometimes longer and often like weeks. |
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It is still better to diversify and be on the safe side, rather put everything on a single basket.
I am the one who always very conscious on choosing the investment vehicles yet I prefer to go bitcoin with more percent with my investment portfolio. The continuously rising bitcoin prices are simply justifying it. I am more of a moderate-risk type of investor and would rather put my investments in different forms, so that in case something happens in one or more of my investments, the losses wouldn't be that big.
But I do feel bitcoin is an exceptional investment opportunity in long run basis. It is like we are getting another round of Coca-Cola company's IPO. Only old veteran people knows the potential of those stocks, if you believe into bitcoin you can take more risk with this, I do not find any breaching of investment rules. |
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Hello,
I have been looking at the price of the Bitcoin and it is obvious that the price keeps on rising. I was wondering what the price of the Bitcoin would be in 2017. If anyone can come up with a estimate..... Or vote in the poll. This is just a topic for debate.
not much left to the new year and if we are talking about the start of the year 2017 i think there may be some small rise because of the new year up to $780 (lower than $800) but in the first half of 2017 we will surely see $820 as the new stable price. But year ends are more surprising than rest of the months of a year especially with respect to bitcoin prices some drastic changes were witnessed at those time in last few years. The main reason would be more money flow among bitcoin users. My predictions based on last year's festival times would be around $980 price levels for the starting of 2017. |
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I'm usually starting with faucet and try bet win 9900 multiplier , so I have zero risk of loss instead I can made big win using that strategy
Just using auto bet feature and let it work alone to see the final result
And OP suggested otherwise, he believes we should not start with too small. Anyways I think first bets of anyone should not be loose or emotional, I mean when we are first introduced to gambling we just think we are gonna win. When I first started betting on sports I had the same mindset. |
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Poker is my best game, but it is not I’m really good at it, but the fact you cannot get better at playing dice since it does not matter what you do.
Wow it is good, do you have method play gambling poker? For wins, is it depend on the lucky or skills in playing cards? Will more great and complete info, if you share about it and your experience when played gambling poker. Thank you. The poker game fully depends on your skills, if you are a pro in this game, you can make a huge profit. There are some gamblers they will only play Poker game because they want to be thorough in this game. This is the most profitable game in Gambling. Apart for this sports betting is the another method. This is my fav method in gambling. Yes I know a friend of mine who asks for investments in poker ( when he plays he takes people's money ) and then comes with a win and distribute the money. If he looses he manages the win soon, actually they don't bet all at one time I think. I used to think its joke until the moment when I invested and he actually paid me. But he always say : you are aware that I might loose all bankroll too. |
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And be aware that browser extensions (plugins) can also do malicious things and aren't detected by antivirus scanners AFAIK.
You are right I was one of the victim of such malicious script injected through firefox add-on. When ever I tried to paste a bitcoin address, got pasted different bitcoin address in blockchain wallet's sent field and lost around 0.005 bitcoins in 2 to 4 transactions before I noticed the problem. I checked another member also had shared similar problem here in this forum at that time but with no concrete solutions, but I just resolved this by uninstalling my browsers. |
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The price really matters to attract a lot of users. Just take the example that when it reached 1k USD once, a lot of people got attracted towards it as an investment source because media hyped this hard, and it is again the time bitcoin is to reach there once again.
The price is important, but I believe the main reason is other than hype. The price is important because miners, who support the network, need to be paid. As the network expands to more users, more mining power is required, and a rise in the price is an incentive for miners to expand mining operations. Well, the price is also not exist in a vacuum and needs something to lean and not to the price of mining. If the demand will be all right and the price will be all right, but about that the reserves are still there. cryptocurrency price depends not only on the hardware on which it is extracted. It also depends on several factors. For me the price of cryptocurrency is very important, because I trade cryptocurrency Of course it is important and we are not all here if the price of bitcoin or other alt coins are not important to us. It does really matter and that's why we are working hard for it because we know that it can give us support for the things that we need to do that requires monetary value with it. So bitcoins price do really matters if its not, then we'll totally ignore this. No doubt about this, all the bitcoin users are depending on the price of bitcoin, if the price of bitcoin increases people taking more and more interest but if it felling down then people want to get rid from it, and therefore they start selling, as in previous days after bitfinex issue we saw that people were busy in panic selling as they were thinking that the price is going too low. But luckly it stayed at $500 price levels itself. |
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If we can quit gambling of course is very good, I'm gambling just for fun and with small amount, so gambling not make my mind as addict. I can quit anytime, but for totaly quit is not easy same like smoking.
That's the problem because you see now you are saying that you can quit gambling while you cannot quit it completely and I am extremely sorry but you might be addicted. You wont see a symptom like pimples when addicted mate, it is just you cannot quit something and that means you are now addicted. Try to stay away for few days maybe and see what I mean. |
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Yes in my eyes investing is good and I also think that you can make some big profits with doing this if you are stay patient.
Exactly what I`m trying to do, I save and hold bitcoins I earn, and maybe its not good way to earn money right now, but in long run this investment can bring a big profit. The key of success here is patience, and only like that I can endure in long run. Its very tempting for me to see how other people make profit right now with their investment that pay out much faster then waiting for price increase. My plan for now is to hold bitcoins at least until the next halving, after that I will evaluate situation and create new plans. It is patience and to make even more profit with your holding of bitcoins you can invest in some awesome sites like moneypot or bitdice and hence you earn free profits and you can divest anytime too. But that been said each and every site has risk of running away with your money and hence take risks if you would like to. |
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We need to always do research when we invest, different casinos give different payouts and options about your investment, besides you need to research how much you could expect to profit form your investment.
I also love investing but seriously I am telling from my experience that never go with the advertised house edge, I mean don't just invest in a casino or dice site because it has higher house edge and you will earn more I have been a investor since an year now and I always look for sites that have more wagered and more players. Personally I feel rather than putting high bets I will increase that amount in investment. |
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