I believe No 2 will apply to everybody here. I doubt there is anyone who does not enjoy the convenience that bitcoin or cryptocurrency in general provides. In addition, No 5 is me. There should be a No 8 with an option of Bitcoin as source of Livelihood
That’s a fact that everyone wants to get work done without putting any efforts and for that reasons, people are relying on bitcoin as it takes few clicks sitting on your couch to make any kind of deal or transactions. For me, somehow I have bit of all seven reason because this is how we all are attached to bitcoin. Some people have more of one reason but at the end of the day, we are enjoying all. |
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the beat is clearly not. ethereum is still not strong enough to defeat bitcoin. bitcoin itself has always been a benchmark price for another altcoin including the ethereum. so the odds are owned ethereum I thought would not exist.
Actually ETH is expected to reach as high as more than 1000 dollars till December. Bitcoin on the other hand has a pace much quicker than that of ETH and Bitcoin is expanding more and more in the international market. ETH is second to Bitcoin and I cannot think of a reason why would ETH cross the Bitcoin. Also the number of investors in the market helps determine the value of the coin. |
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For me, this time is the best time to start buying bitcoins, because at this time the value of bitcoin is low. Because bitcoin is in a silly and demand basis. That is basically but when the price is low and sell when the price is high.
But today BTC prices are growing again, BTC price may rise in the next few days. That's the best time to buy. Buy when the BTC price below $ 9000. If on this price, your risk of loss is very high. The good time to start investing in Bitcoin is actually the time when the value of Bitcoin grows in a steady and consistent way. This is because the market demand for the Bitcoin in such a time is on the peak and this rise in demands pushes the prices of Bitcoin as a result of which the increasing trend speeds up and results in the boom. These are the suggestions that anyone doing MBA marketing will give you. |
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No sell it and buy BTCP
You will find so may crypto coins in the world of the crypto currencies but the fact is you need to keep this thing in your mind that not every coin is this much worthy that you should either go for investing of your money into that coin or go for holding of that coin. I don’t think so that holding of this coin can help you in anyway. You need to go for holding of the coin like that of bitcoin which can help you in earning of lot more money. |
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What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
The central bank here in my country has allowed some merchants to use bitcoin as a payment like the remittance business but there are still no verified reports that some small online businesses are already using the cryptocurrency as one of their form of payment. The government is still drafting some guideline or regulation for the proper use of any virtual coins by any business entities. Some problems that should be address is the rapid fluctuation of bitcoin price and the security issues of storing a bitcoin. The crypto business is not a small business. Entry to the business needs a sharp mind and consistency in dealing and trading. Even you start with small funds, you can grow hulk provided your investment is long term. Besides, you can also invest the money you earn from your small business in the crypto business. Investing in Bitcoin is a good business and people have made huge profits as well. |
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Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?
Not all trader are going to the process of educating in a decent one some of them and even most of them and I am talking about the first traders are self thought because there is nothing like this before so what will you teach them. Then not all of them are educated and not all successful people are all educated even if not in trading but in life. It is aboit the skills and how will you take those opportunity to reality. If you work hard and work smart them you will be successful in trading educated or not This is the first priority and every investor should consider and give the highest and major importance to the education of trading and investment. A successful person is so called successful if he has knowledge and run the trading system according to the market principals and rules. Success is impossible without getting and having knowledge of the market and the nature of work. |
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I think it depends on the business that you are trying to establish, what products or services you are dealing with and of course, the relevance of it for using bitcoin as mode of payment. Consider those big fastfoods like KFC who are using already bitcoin as payment for their goods, i think they're using already successful integrating crypto in their business.
We have seen investors that invested in 2013 and till now they are on a very good position as they have been invested and have been getting profit that is a called as a huge profit. They are now successful and are called as millionaires and billionaires. Right now the market is in a very good and string position and a large number of people are attraction towards this market and taking interests in it for future. |
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if you really want to stop gambling it must have a strong belief from within you because it will be difficult if it becomes an addiction and should be supported also from the family.
To quit gambling is like a death to the gambling addict because they cannot live without gambling as they have made it as a source of income. they only possible way that the gambler can adopt to leave his gambling is to find something more interesting for himself other than gambling. If he can’t find something more interesting than gambling, then he will continue with gambling for the rest of his life. |
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I invested half of my saving ($25,000) into ETH when it was $725. ETH has now plunged to $459. I am very worried I will keep losing money and I fear for the worst. I want to go kill myself  Before you go and kill yourself, pass me all your ETH and i will double your buying price before the end of this year simply by holding it. So you are begging to OP to hold his ETH on your wallet? No one would trust you, and so do OP. Actually OP would get some profit if he sold his ETH when it was above $800 No need to commit suicide due to a fall in the worth of your portfolio. These things happen. The important thing is your response to the crash in the market. The lessons you learn in such times helps you modify your strategy for the next time. Try investing long term or trade long term. This keeps you safe even in the market crashes because there is always a rise again in the prices after a fall and long term investors enjoy that. |
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For me, the lesson is to put stop losses on time, the currency can fall at any time. When the currency is on the rise it is necessary to fix the profit in dollars.
Yes this is very important lesson the market wants everyone to learn. A crash makes you remodel your strategies. Makes you look back at your behavior and response to the crash. Keeping the rule that market will come again to the state of equilibrium will keep you hopeful for good days. Market Crash is not very important, it is the response to the crash that actually makes you rich or poor. |
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Very well said, I agree. Thank you very much for sharing your ideas. I will use thise strategy as I explore this cryptocurrency. And as an additional, remember that failures and loses will make you to develop yourself better than before.
Loosing money is not the end of your life. Educate yourself about the technology you have been investing in and start again. Invest for long term because there has been a very consistent and steady rise in the value of for example Bitcoin for the last few months and when you hold for long, your per unit percent profit rises as well. Business is not all about the money, it is just about the mind setup you have and making the right move in the right time. |
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the best time to buy and invest is of course when the bitcoin price is low but I think you can invest anytime on any price because bitcoin will continue to grow and will be a coin that remains profitable
It is good but not necessary that when then price is low you should buy coins because if the price is high then what will you do/ will you never invest in crypto? I think it is the right time. Price is not a problem is increases with the passage of time. Just need patience and coolness. It is the best time to buy any coin you want. Don’t panic about the price. Tomorrow it will higher. |
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The market is constantly fluctuating. What is your opinion?
Well the best advisable yet profitable way is to hold on your coins , and always monitor the ups and downs of marketplace but take not don't stress yourself though. And remember that the marketplace is very volatile so it doesn't mean it can go down forever and even increase at the same time , there is a time when it can reach to the rock bottom and also it can reach the moon too. When there is something unusual, we cannot predict anything because the price was already out of track and those investors were very lucky who sold their bitcoin on $20k. The price down to $6000 and then little fluctuation till date. I think that if someone has invested extra money and don’t need it in short time he must hold his bitcoin for some more time to earn more money. It is crypto and there will little bit fluctuations in the price. Nothing to worry about it. As time passes the price will grow more and more and in the near future it will hit $10k. For few days the price is almost constant because very little corrections in the price but on the whole if we observe the price is increasing and from $6K it reach to $9800 and now again $9000. |
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gambling is considered to be bad by many societies because gambling is often a complementary with alcohol, drugs and some illicit activities. but since people are free not to gamble the mere existence of gambling does not do harm
Gambling connecting to drugs, alcohol and illegal activities isn't right. Those people who are doing it at the same time are actual addicts in different vices and activities but don't forget that there are decent gamblers that are getting good effects in gambling. In general, effect of gambling was treated to give the most negative things in this world. Sorry to say, but I don’t consider any gambler as a decent guy and my heartily apology for using such harsh words. If a person was really a decent one, he would never choose such an indecent activity for any reason. Gambling is not respected in any part of the world and why would it be? It is very difficult to appreciate a person who is wasting his precious time and money simultaneously. Nothing can be more ridiculous than this. |
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I quite agree with the “ what goes up must come down” mentality because it’s one of the things that most consistent in the world and it doesn’t only apply to gambling but a lot of other scenarios as well.
That makes sense. Yes this mentality works out at every moment of life. Whatever field it is, what conditions are there, but still what goes up and to come down. This is how this world is running since the first day. Everything would see the best of its charm and shine and then it has to see the weird and worst of its other side. Gambling contains more coming down than going up. |
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since bitcoin was introduced to me few years ago i've got this thing in mind
is gambling really about luck or can you beat the house using maths and probability?
well as for my i always YOLO bet a lot and sometimes it's working fine but most of the time it's not
i tried also using lowbets with strategy , mostly on dice autobetting, it seems fine but kinda boring, seems okay but it will bust in a time
so do you think gambling is about luck or you can beat the house with strat?
I really interested with the question and I think we can beat the house if the games are based on maths and using probability because as far as I know, we can use maths and probability in the gambling games but not all people can do a good math. and the most time people are only getting lost because they don't know how to calculate the percentages they win and only play a roll using any possibilities. but in the gambling games, we really need the luck to beat your opponent and even to beat the house and sometimes you don't need a long time to be a winner and win the jackpot. and the gamblers still playing the games without realizing that his life is not for just playing gambling and if we really care about our life then we need to leave the places and don't come back in the other day. or we can only play the games without using a big money so we can enjoy the games and we can prevent from being an addicting person in gambling. I won’t fill anyone’s head with such a hope that he can beat house if he learns some mathematics, even if it works. The reason is simple, it will encourage him to gamble and that is what I am strictly against. The fear of house is a good one. It may keep gambler in his limits and will break his spirit of continuing. Besides, no matter what calculations we do, we cannot compete luck. Either you fear from house or not, they will definitely eat you up. There are something that must be digested before getting into anything, any source of income. You must adhere them and if they are resonating with your mind and goals, only then go into there. Else, just get away from that because it can be harmful for you at the end. So just don’t ruin your life and the lives associated with you. |
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Your behavior will always count in what you’redoing in trading. Some of us are greedy and we end up with destroying ourselves. Some people are not even careful on how they invest, they just go all in without minding what will be the outcome and at last they will just lose the money they have invested so far. So learn how to invest, know how much to invest and know how much risks you can afford to take or how much you can afford to lose. As for the skills, you can find where to learn it.
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Sometimes it’s not easy to tell when the price will go down, cause even when it’s going down it is fluctuating up and down (but down the most) and when it’s going up it is also doing the same thing. It is very difficult to tell exactly what is happening.
But the best is just to have a target for withdrawal, and once you hit that price rate and there isn’t a sign for further increase in the price, then what you have to do is sell off before you wake the next day and be surprised by a heavy fall.
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Sometimes it’s not easy to resist all these FUDs in the market. But I have once been through such situation where I was forced to do a thing like selling all my Bitcoins, but instead I was ready to take the risk of losing it once and for all than selling it.
So what I did was that I left everything I had in Bitcoin just in my wallet and took a break from it, waiting for the so called the end of Bitcoin, which at last never happened at all.
And when I logged back in to my wallet to check if my Bitcoins are still there, surprisingly they were there and their price has increased giving me a huge profit instead of the expected loss. Sometimes it’s worth to take the risk.
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Horse racing is the my favorite one.I use to go with my father from my childhood .You have pay a local FIAT on any particular horse ,which you feel the best.Some time it's based on the person riding the house.Now I had some experience on house racing.Personally it will make you rich and poor in a minute based on your luck.
There are so many gamblers who keeps on gambling in different things especially in things like that of sports. There are people who gamble in horse racing and sports racing as well and that they spend a huge amount of money too as they are addicted to gambling and that they can’t even live without gambling although they lose their money most of the time. Horse racing and other such races are not loved by as many people as cricket or football is. Majority of gamblers place bets on other sports and play games like roulette, dice, poker or slots by themselves. Only few businessmen and people who have interest in animals will go for betting on horse racing. Gambling is a pure luck based game and most of the times, gamblers lose money. |
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