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301  Alternate cryptocurrencies / Altcoin Discussion / Re: Income from crypto trading. on: July 22, 2019, 03:12:45 PM
Become a trader must have enough experience and combining with strong calculation also strong prediction while watching crypto market condition.
right, if we don't have basic knowledge about trade we will lose quickly. trade is not only speculated but trade also requires patience and a positive attitude. I mean if we can't control our emotions, this will only make you lose quickly, because I often lose because of this

Yes, if we cannot handle our emotions when facing a downtrend, it will be bad for our trading habits. Patience combined with the strong belief that we can benefit from our investment someday, can help us to avoid being panic.
302  Economy / Trading Discussion / Re: Daily trade Vs long trade on: July 22, 2019, 12:48:35 PM
For a beginner, trading in the long term is most suitable. If you do not know how to determine the movement of coins, then you better not risk it. You have to read and learn a lot, but first you can invest in bitcoin and forget about it for a while.

Beginners can also use both methods. Save a few coins and keep them untouched for some period of time as a long-term investment, while doing daily trading with a small amount of money as a learning path. In this way, it is hoped that we can add more knowledge into our minds to make a better trading experience in the coming days.
303  Economy / Trading Discussion / Re: TRADING of Bitcoin in a broker or exchange? on: July 22, 2019, 08:14:34 AM
Do you have any preferences in to trade the Bitcoin by a broker or by an exchange?

If itīs so, let us to know your opinion, by this more people can feed theirselves, write advantages or disadvantages you have personally when you trade.

I think in 1 advantage with exchanges. When you buy any amount in an exchange you can hold and to sell when price go up and if the price go down you will continue having the same amount of BTC. The opposite would happen in a broker, if you buy any amount, your account can burns if the price turns down enough.

Exchange will be better for me because I can do whatever I want at any time. For example, I can send my balance into my own wallet while waiting for the price to increase. Or I can keep holding it whenever the price of my coin decreased.
304  Alternate cryptocurrencies / Altcoin Discussion / Re: Be careful of alts you hodl on: July 21, 2019, 07:19:55 PM
I was just looking at the coinmarketcap table since 2013, I was surprised in what I saw, many coins topping the charts then are now almost non-existent, we need to be careful of the kind of coins we hodl especially for long term. Most of these projects just die after the initial hype.

That is why when we hold unpopular coins, especially new coins, we will need extra effort to follow the development of these coins, if not, we may be late to make the necessary decisions. It will be different if we hold popular coins / coins that are already well-established, which of course will be convenient to maintain because news about such coins will be easier to obtain.
305  Economy / Gambling discussion / Re: Gambling destitute on: July 21, 2019, 04:29:22 PM
I just know that if you are getting into it and not knowing what to consider when you are doing your part, then you are probably going to lose a lot more than just money, maybe even your family.
I agree, not just your money but even your relation to your family might be put in not good situation if you let yourself gamble without limitation.

We will only realize our mistakes once nothing is left to what we had, thus if you want to gamble be aware of the possible consequences.

When a gambling addict becomes too lazy with other things outside of gambling, sooner or later he will forget his responsibilities as a family member and as a member of the society. And worse, he can interfere with the finances of other family members when he no longer has the money to gamble. Gambling can be very dangerous if we cannot control it. So becareful!
306  Bitcoin / Bitcoin Discussion / Re: You don't loose if you don't encash on: July 21, 2019, 01:15:37 PM
Hey  Smiley
 
I once came across a time when I was unsure where the market is going to take us , thus I brought at a very high price , unfortunately the price came down as quickly as it climbed up.

The reason I believe I haven't lost even a single penny is because I believe you cannot loose when you don't encash.

Therefore I still believe holding for the long term can actually help you .


True, you haven't lost anything, except the decline in the value of your assets, when you still hold it tight. But, most people who experience a decline in the value of their investment, usually will panic and tend not to think about the possibilities that can still occur later on. In a panic, people usually think shorter because they are afraid of losing everything.
307  Economy / Gambling discussion / Re: You cannot win in gambling on: July 21, 2019, 10:08:00 AM
   We have no assurance to win on gamble, that's why we should not act aggressively by attaching to earn huge amount of money on every game we play. But most people take gamble as an entertainment field which will free from anxiety and believe that win rely on luck.

It is better to treat gambling as entertainment rather than anything else. The money that you will spend in the games should be considered as something that you lost along the way. Don't ever expect that it will get back, threefold or tenfold. Because you will be depressed if you are expecting that it will return even your initial capital.

Sure, it'll be better to treat gambling just as entertainment purpose only but to be honest, it won't be easy as we expected. Once we fall into gambling habits, most of us will tend to make it as a way to get easy money and mostly will feed the greediness by playing it over and over again. For me, gambling is just a game of mind. The one who cannot control his gambling habits, he could experience a bad fate.
308  Economy / Gambling discussion / Re: Why the martingale system sucks! (doubling down on losses) on: July 20, 2019, 06:52:07 PM
You explained this much better then i could. I have been trying to explain this to my friend and i got the answer: "You just need more money".


Majorly this is the reason and due to which it actually does not work for most of the people as every one has a limited money or can take only limited risk to put some money in the gambling. And in that phase you do not make money you end up losing money .

As long as they are betting theor money in gambling, they will lose it. Martingale is a great strategy to be honest as long as you have the right amount of money to double your losses to get back all of them. But always remember that if you win one time, losses can always happen the more than once.

Don't forget that the house has a "max profit" policy which means we can not bet with the amount higher than the max profit being set. So, even with the right amount of money, it won't always make our martingale run as expected. Frankly, martingale is a very risky method to use since we have to chase our small lose with the higher amount until we hit the green one.
309  Bitcoin / Bitcoin Discussion / Re: Imagine that you're new to crypto now on: July 20, 2019, 12:57:43 PM
Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment? Smiley

If I am new and have found this forum then I will read all the things needed as a beginner through the appropriate board to begin my journey in this crypto world. In addition, I will explore the internet to find things related to cryptos.
310  Economy / Gambling discussion / Re: Thoughts on Video game gambling addiction? on: July 18, 2019, 07:07:10 PM
Video game addiction might differ from the gambling addcition because from video games we are not going to make any money but from gambling we need to risk money to make more so in my view it completely different because I had experience on both.

But when someone is addicted to video games, he can spend most of his time just to play it, which isn't good at all, especially for those who are still in school degree. Btw yes, gambling addiction is different from video game addiction. The effect of video game addiction isn't so great if we compared it with gambling addiction.
311  Economy / Gambling discussion / Re: What importance is kyc In gambling section on: July 18, 2019, 03:20:30 PM
As far as I'm concern most of the gambling section are not implementing this concepts of kyc.
In fact, KYC only applicable for the investors and bounty hunters and to all centralized exchange as well but
not in gambling site, because being a gambler is not a type of skills that to be consider compare to being a
crypto traders.

KYC, in most crypto's casino, will be asked only on rare occasions, mostly due to suspicious activities carried out by users. Overall, we don't need to worry too much about this KYC procedure in the gambling business. As long as we don't do something bad, we should be fine!
312  Economy / Gambling discussion / Re: Please stop betting with 1xBET scam! You have been warned. on: July 18, 2019, 05:27:40 AM
We, as gamblers, must avoid risking our money on sites that have many scam accusations especially if the site does not provide a defense. Btw, thank you for the warning and hopefully it can save people from a bad situation. Fortunately, I never know the existence of the site in question.
313  Economy / Gambling discussion / Re: Criteria of a good gambler on: July 17, 2019, 06:55:36 PM
This is very funny lol, you don't have to be a good gambler you have to be good in gambling. In order for you to be good in gambling you have to be wise in making decisions and you also have to be well discipline. Lastly, the most important thing that a gambler should experience is the happiness and you enjoy playing every single round of the game.

Good gamblers must be people who are good in gambling as well. The benchmark can be vary and not solely on how to make a profit. The ability to control emotions to always be on a predetermined plan is also an important point to become a good gambler.
314  Economy / Gambling discussion / Re: Does hard work in gambling count? on: July 17, 2019, 03:44:50 PM
Don't get too serious about earning money in gambling. The risk is higher than investing just playing as usual while entertaining yourself.

I agree with this. We should consider gambling as a fun part of our life, and we can come back to play many times if we want. As long as we know how to treat gambling and we don't think that in the gambling, we cannot do hard work like what we did in real life, we can enjoy to playing gambling. The hard work in gambling will not count if you only want to enjoy the game because you will see that if you work in real life, that is the real hard work for you.

Doing hard work in gambling means, we use most of our time just for gambling stuffs and things, which isn't good for our financial situations. Yes, instead of making gambling as our main source of income, it would be better to treat it as a fun thing only, which we can achieve by doing it with just the spare money.
315  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can we ever have altcoin season again. on: July 17, 2019, 02:33:53 PM
since the beginning of this year. bitcoin dominance has tremendously affected the altcoin markets. when bitcoins raises, altcoin move very slowly but when it goes down. altcoins are heavily affected.  Are we going to see any major bull market for altcoin again. we are already in the third quarter of the year. i am concerned because i strongly believed in altcoins more than bitcoin.

If you believe the altcoin will have its season again, then you must strengthen your belief in it. Frankly, no one knows what will happen but as long as alts are still there and the development still continues, such opportunity will remain exist. Just be patient!
316  Alternate cryptocurrencies / Altcoin Discussion / Re: Where to invest long term aside from Bitcoin? on: July 17, 2019, 10:33:32 AM
Hi, good day guys! Newbie here so I'm asking you to help me with my long term investment. Aside from bitcoin, where should I invest my money and Why?

The top five alts will be good for long-term investments alongside with bitcoin which will certainly be a major long-term investment. Ethereum, xrp, ltc, bch and eos are among the best now. You can choose one or more coins from the list above as your long-term investment. Good luck!
317  Economy / Gambling discussion / Re: What's the *easiest* profitable betting strategy? on: July 17, 2019, 05:31:19 AM
I voted
Quote
Affiliate / Referral (not betting... but betting-related)
because it's risk-free and you just need time and places where you can, post your referral link, who knows you can be earning a lot if you happen to recruit whales who bet a lot in gambling.

Indeed, affiliate / referral can be the best way and it is a risk-free way to benefit from the gambling business. But, frankly, it won't be easy to persuade people to play under our affiliate link. Hard work will determine whether we will get more affiliates or not. In addition, special skills are needed in persuading people, which certainly not everyone has that ability.
318  Alternate cryptocurrencies / Altcoin Discussion / Re: Is regulation good or bad? on: July 16, 2019, 11:57:37 PM
Regulation can be good or bad depending on how you view it or understand it. Personally I consider regulation to be a good thing for the crypto industry especially ICOs. Most ICO project ends as scam and this is preventing real investors off late to even invest their money into ICO project which could have been helpful for the industry. Regulation will help do away with scam ICOs which makes it good.

True, regulation will have both sides, good and the bad one. Btw, it can not be avoided when the regulation will become a necessity to protect many people and we have to prepare to accept it no matter whether it is good or bad.
319  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins Holders ,be calm on: July 16, 2019, 04:12:33 PM
The latest altcoins news spreading on the internet now is altcoins investors will be disappointed ,popular crypto predictors are saying its time for people to start seeing bitcoin has the only lone wolf worth investing in and all altcoins will go nowhere.

My advice to all altcoins investors is not to panic ,these people as popular as they are can't predict the future, last bullrun of 2017 no one saw it coming and the last Almighty altcoins season of January 2018 no one ever think that will happened.

Not all altcoins have a future. Some alts already and will die. Therefore investors who buy and hold shitcoins like that must be in a panic situation. It would be different for investors who have some well-known alts because there is still a possibility that the price of these alts will increase again in the future.
320  Economy / Gambling discussion / Re: Do you think a "winning mindset" can get you what you want while gambling? on: July 16, 2019, 03:10:03 PM

That's right, a "winning mindset" in gambling is a very dangerous thing. I would say, it is better to have a "losing mindset", in a sense that you are ready to lose your bet and the loss will not make you suffer. Before starting to play a gambler should rather be thinking "Yes, I want to win, but if l lose it won't be a big deal, cause I can perfectly afford losing the money I'm risking." The very moment you start thinking "I have to win this bet, because I don't know how to live if I lose", you are stepping on a very dangerous path, and the best thing you can do is to take a step back by not making that bet.

I consider it as positive thinking in gambling habits. And certainly it will be better for us because we will not force ourselves to win the game. Indeed, winning is our target but we also have to realize that we can also lose. As you stated, yes, the winning mindset can give us bad side effects if we apply it incorrectly.
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