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181  Economy / Gambling discussion / Re: Can trading be considered as gambling?? on: December 14, 2017, 03:28:20 PM
Risk takers are gamblers and traders take risks. No one knows what will happen to the price of anything they buy or sell, there for its a gamble. I think it's fair to say trading as gambling.
You cannot say easily like that , trading is more complicated than what people imagined.
You can consider trading equal to gambling when you do it randomly , did not have any reference to set buy position and sell position etc.
But when you do trade with technique , knowledge and several well known trading approach you cannot say it is same.
182  Economy / Speculation / Re: Do you check Bitcoin price everyday? on: December 14, 2017, 02:38:59 PM
yes.. more than once in everyday I check bitcoin price, I feel interesting and curious because the price goes up and down quickly.. I always check the price when I work on bitcoin eventhough I not invest my money on bitcoin..
There's no doubt people keep looking at the market price , they don't want to miss the golden moment .
Yeaaa it is about taking opportunity to buy or sell their bitcoin so it is not surprising at all.
Even you have planned to place your money in bitcoin for long term you will always have that curiosity feeling to check the price periodically.
183  Economy / Gambling discussion / Re: What is the best way to quit gambling and start trading?? on: December 14, 2017, 02:20:54 PM
Decide and be determined to quit gambling.  That is the best way to quit gambling and start trading.  Nothing beats determination if you are really truth to your cause.  I see people instantly change their ways once they decided and determined to change their ways.  At the end of the day it is your decision and only you can make or break it.  After quitting gambling, entering trading venture is easy though you need to learn the basic and learn in the long run.

I agree with you, strong determination is the key. But I want to warn people on this way, on the way quitting gambling in favor of trading, that trading also can be a disaster if you are doing things wrongly. Even after learning basics and even after some successful experience, like in gambling, you should never risk money you can't afford to lose or you can end up losing more with trading than with gambling.
At least when you move your habit from gambling to trading you are free from the -EV.
Yeaa that thing makes you never have profit in the end , trading much better when it comes to making steady profit.
Try convince yourself that trading is more reliable source of income , do it everytime you feel in doubt.
184  Economy / Trading Discussion / Re: trading vs holding on: December 14, 2017, 02:04:49 PM
Both are profitable if you work smartly and choose carefully the coins to hold and have the needed skills and knowledge about trading. Actually there are some promising crypto currencies like BTC and ETH which have the most promising potential so it is better to hold them for long term.
For me bitcoin better for long term holding , where other coins such as ethereum , ripple , steller lumens etc for trading.
Based on My personal analysis bitcoin still has a lot of space to grow and it cost a lot of time.
Where altcoins usually get played by people who looking for opportunity  to make money in daily basis.
185  Economy / Gambling discussion / Re: Worst mistake in gambling on: December 14, 2017, 01:56:06 PM
If you not try anything new and do mistake how you know it is a mistake or not so mistake happens but we should keep it in the book of experience to correct it if we do it again is wrong thing we are doing. Also we should avoid if we are loosing again and again it will panic us to grab what we lost. If we keep this two thing we might be safe sail in the gambling world.
Yeaa if you can do learn on what you have done then that mistakes could turn to be a good thing in the future.
You can fix and even improve everything as long as you do realize you need some changes.
Always be positive no matter how bad things happened to you , that is my principle.
186  Economy / Gambling discussion / Re: What did you buy for money won? on: December 14, 2017, 11:55:10 AM
If I win in gambling, I buy items like watches, rings and also gold necklaces, as well as other items. Because if not directly buy goods usually from gambling money will run out quickly or there is no traces, so from that I immediately buy the goods if i win the gambling. Cheesy
I purchased electronic gadgets from the money I won, I did not invest all the money for purchase only some percentage of the money. From the remaining money again Invested in trading, made savings also. It's always better to plan according to our needs rather than wasting all the money for shopping, purchase etc
Believe me , your winning in gambling won't last forever especially if you have a plan to continue to play.
So better to enjoy it while you can , or put it on something has a physical so you can sell it again later.
Imagine like this , today you won $10,000 spend it all and in the next day you lost $10,000 . If you consider it as a pure entertainment you won't feel bad about that. So just do it.
187  Economy / Gambling discussion / Re: How to spot a gambler addicted? on: December 14, 2017, 11:43:05 AM
I think the way to spot a gambler addicted is they are trying to borrow your money to gambling. That surely is a gambler addicted.

That is 1 trait of a gambling addict also the lack of activeness of a person to communicate with other people and just focus on gambling alone, been thinking hard on how he/she could win the losses on a game, always blabbering about gambling non stop.

Yep, these are some traits but i will also like to add that people that don't seem to have anywhere to go apart from the gambling house  and spend all their time of the day over there are addicts and  they might be seeking to make recoveries at such times that's why all their lives are spent over there thinking about strategies.

Wasting too much time just thinking about strategies about gambling all day long without the regards of oneself, there are even some gamblers who even forgot to eat thinking about this and that to win a game which makes them more prone to losing in gambling.
Yeaaa that is why i always think it is better to take it easy on gambling so you can play nothing to lose.
An addict will keep figuring out how to make their gambling habit profitable , it is something impossible for me.
Spend a lot of time to play game and then having a lot of trouble.
188  Economy / Speculation / Re: Bitcoin will reach 20k price point before Christmas on: December 13, 2017, 12:30:12 PM
After the sudden rise of bitcoin this past few weeks I don't think the price would reach $20,000 before christmas. Before next year there could be a chance. This is my speculation because there's a lot of increase that's happening with more opposite reaction now than last month.
If just a speculation without a real and valid data , i think around 25 to 30 december the price will get skyrocketed.
And then in the early new year it could get dropped more than 40%! Stay safe and put the money you can afford to lose only.
We are in a phase where everything is so uncertain but peoplecso overconfident.
189  Economy / Gambling discussion / Re: Does experience matter in gambling? on: December 13, 2017, 12:13:09 PM
Experience isn't really a thing if you are playing games that are highly luck dependent such as roulette , dice or slots game .
But it is imperative if you are playing a card game or sports especially because you'll be needing high analytical logic in order to speculate an accurate result of the games you'll be betting on .

I could not agree with you more on that mate that games that are based on pure luck, it is really hard to win and experience is really not required. However, to games like poker and sportsbetting, experience and skills are essential to have more chances of winning.
You think it work for certain games only but not in most games right? So to make it clear , overall experience has nothing to do on the outcome , i can say that it is just superstitions.
The only thing that matter is having a good luck and good money management for me.
190  Economy / Trading Discussion / Re: Minimum coin to begin trading? on: December 13, 2017, 11:49:22 AM
You can start trading with at least ten dollars. But the profit even with a successful trade will be very small. Therefore, if you are new to trading, then try to start with a hundred dollars. This and the amount is not big and with successful transactions you will earn something.
Ten dollar , you can start with that amount on a high volatile altcoin .
For example a random strange coin that could moving up to 100x! Can you imagine how risky it is?
Then reconsider again the amount you get started with , otherwise your trading effort won't give you anything good.
191  Economy / Gambling discussion / Re: How to control greed on gambling? on: December 13, 2017, 10:58:24 AM
In my opinion, there's no way to control greed. It's a normal in human nature, you only need to have moderation of being greedy. All of us are greedy when it comes to money or bitcoin but we should not show it to others so that it will not make us look that we are truly greedy. Just don't be showy to others you are fine to become greedy.


Indeed greed is a part of human nature but we for sure can control it. What we can't do with greed is when we want to rid it from our mind.

I don't think it is that simple.. It's easy to say that you can control when you are rarely put in a position where it is really tested. It's hard to get rid of it completely as well, that much is true but yeah, controlling it is more or less impossible if you are really stuck in it.
Noone can control the greed when it comes to gambling i guess.
The feeling that make money in easy way also so quick always push you to play more and more until you get lost.
People know already about that risk unfortunately hard to avoid that kind addiction , it is a sickness i can say.
192  Economy / Gambling discussion / Re: Can anyone please help me to find a bitcoin/alt casino with cheap minimum bet on: December 13, 2017, 09:55:19 AM
So you are looking for low minimum bet on slots game? If so, you can try fortunejack. Indeed it depends on the provider of game, microgaming provider has the lowest min bet imo. You can bet $0.01 per line so it will be around $0.25-0.50 per spin which is lower than what you are looking for. Pragmatic play also lets you to bet 0.01mbtc per line and many others. Just go to fortunejack and try it by yourself.

ty for ur answer... well u r right bro, but i have some problem in fortunejack..

games in fortunejack are a bit heavy for mobile phones....i mean compare with mbit/mbet, then fortunejack looks a bit heavier, and most games there need flash player, i try game with same provider in mbet and fortunejack, in mbet i do not need to install flash player, whereas in fortunejack i have to install flash player to play ... btw i know that most slots are designed for PC.....
If you love to play a game like dice then just go there , mostly dice sites allows peoppe to place bet as low as 100 / 1000 satoshi.
But i doubt you can find a lot of games provide it , the maintenance cost a lot of money so an animated games such as bj/baccarat or any other card games usually set a little bit high limit.
Unless if you ok to place a side bet then you can always join the live dealer game, but yeaaa hard to find a light gambling site with good game.
193  Economy / Gambling discussion / Re: How can gambling help you with your life? on: December 12, 2017, 04:49:28 PM
All what you need to make from gambling a helpfull thing is to hold one thing which is being lucky and forget another thing whoch is the greed. In fact, and in my opinion of course the greed is the thing behind the loss of the majority of gamblers because by playing a role rarely we can control our will more money. Otherwise, the importance of luck in gambling is rich for all definitions, not to say that this is the most important factor in gambling.
You will always want to win in gambling and that's hard for everyone to make it helpful.
Why? Because of the game itself won't make you to stop and based on a lot of people experiences it is destructive.
Instead give you some benefit for long term it is give you more disadvantage for the long term.
194  Economy / Trading Discussion / Re: Bittrex is better? on: December 12, 2017, 02:52:42 PM
Been on poloniex for 6mos.. but someone told me that Bittrex is better
I am thinking if I transfer my funds to Bittrex ..
The two exchanges are good but it totally depends on you. You can never know until you try the other one out and then decide yourself.

Honestly, I have used poloniex and bittrex and I really love both of them, but I have come to prefer bittrex the more since I found it easier to trade here. It is not about exchange anyway, it is about how good you are. However, when it comes to making analysis easily, I will give bittrex that.
But yeaaa if you talking about where's better i would go for bittrex too.
Considering poloniex has given me a lot of trouble , freeze my account without any prior notice , losing some funds and many more!
While in bittrex i did not get that kind problem , all run smoothly .
195  Economy / Gambling discussion / Re: When to leave the game? on: December 12, 2017, 02:37:07 PM
If people wiser i think if they are win on gambling they need to leave so that they have profit. But some people don't know how to leave because they want to win big than the money they have.
What do you do after leaving the game then?
That's the most important thing , as once you do gamble you will having hard time to leave forever.
Sooner or later you will think to make a come back and become an addict so it is really complicated.
196  Economy / Trading Discussion / Re: your mentality after a huge loss? on: December 11, 2017, 01:50:36 PM
What do you do after you suffer a huge loss?
If you have more money would you again take the risk and invest or would you just stop trading and try to earn in some other way?

First reaction - I am frustrated and depressed. However very soon I try to do everything to avoid mistakes and trade again.

That's also me and after its sinked to me what happened I move on little by little and take a break from it and just come back when I'm already fine.
While starting all over again and have a positive outlook is a must.
Keep trying and learning about trading until you can completely mastered it .
A huge lost should be your biggest lesson , but yeaaa people usually cannot survive on that kind bad experience.
They choose to stop it immediately rather than looking for another way to make it back profitable.
197  Economy / Gambling discussion / Re: Play with your profit or not? on: December 11, 2017, 01:38:14 PM
When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?

I will play on my half of money. And I will keep a half money of mind. I don't play with the whole money from my profit. I don't want to loss of it just to play on gambling. There's a personal reason to be use of it. And not to waste of it.
If you looking for short term gambling basis then i think you can make it happen.
I mean play half of your profit and see what the outcome to quit from gambling later not to continue it.
Now if the case is you want to gamble for long term i don't think there is a way to keep your profit no matter what.
198  Economy / Gambling discussion / Re: Why trading is better than gambling? on: December 08, 2017, 02:55:05 AM
Sometimes you become more greed in trading , so it is not guarantee anything at all.
Depends on how you can manage the bankroll and making strategy in it for long term purpose.
As things make gambling and trading different is on the long term result it is pretty much different.

Everything is the same because human are greedy but you are going to be more greedy when you are gambling. The reason is because gambling is simple, one click and you can get money. It is the fastest way of getting some money if you are lucky so compared with gambling, there is no way that you can become more greedy in trading then gambling
That's true gambling makes you much more vulnerable to become greedy.
Everything is so instant so no wonder why , trading indeed same but at least won't as mad as gambling.
Both actually same in term require luck , trading just a little better for some reasons such give you better odds .
199  Economy / Trading Discussion / Re: What is your trading strategy? on: December 08, 2017, 02:02:47 AM
In my opinion for Bitcoin trading will be more easy and profitable to doing swing trading buy now and sell it next a few month, but for the altcoin trading especially that paired with BTC much better doing short trade because the price of BTC now strong up trend. Longterm trading for BTC/USD and short trading for altcoin/BTC, this is will be good strategies to making consistent profit.
I agree , experienced the same thing as you .... trade it monthly feel like give you better profit nowadays.
The movement seems like has a pattern like once a month go up and the next month go down and so on.
To support it all you can use backtesting strategy carefully , yeaa carefully!
200  Economy / Speculation / Re: BITCOIN milestone 10000$. Continue to rise or not??? on: December 08, 2017, 01:35:42 AM
Today new high all time for Bitcoin, about13500$/11500€!

-exactly 1 year ago its value was about 750$ (an increase of 18x)
-3 months ago its value was about $3000 (an increase of 4 x)

Despite the various forks, the BTC has continued to rise, so I am convinced that it will continue to increase its value, 2018 will be really exciting!
Bitcoin move against people opinion and sometimes even a fact , for example in the last few weeks ago.
Where people doubt after reached the $7,000 ath it will continue and predicted gonna get dropped even crashed! Well it is now more than $15,000.
And recently people start being overconfident just like you , this is the real time to make a correction.
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