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1581  Economy / Trading Discussion / Re: How to earn monthly income with Bitcoin/Altcoin trading?? on: October 11, 2017, 06:26:46 PM
I think looking at trading as a way of monthly income is the wrong way of looking at trading. Trades are heavily dependent on the situation and shouldn't be considered as something you're guaranteed to get every month. The reason I say that is because you will risk forcing trades. And those tend to go negative most of the time?
You are right with trades being heavily dependent on situation but does not mean you cannot make a monthly income out of it. Trades can be bad for couple of days and even very risky and most times it is just always hard to trade, but cannot be like that forever.

Even in businesses, there are always some good times and some bad times, you just have to know how to manage the two sides, that is all. Although, this still balls down to the capital you are trading with.
1582  Economy / Trading Discussion / Re: What to do when prices are falling on: October 11, 2017, 05:49:54 PM
just hold your breath and relax yourself calm do not worry of that with your hope patinece specially used your skills for that sitution monitor your invesment and wait again to pump up the price its this scenario you investment getting profits.
Scenarios like these have happened in the past and they will surely happen again. The most important thing is just to study the market and know when to calm down or when to make a quick decision and if you know the decision is too late and the losses are already big, the best is to take a chill pill, probably just take a work or sleep, do some other activities and come back when the cloud is better. By then, it could have been pumped back or getting closer.
1583  Economy / Economics / Re: Mental barrier stops from buying BTC on: October 11, 2017, 08:07:16 AM
I cant say there is such an exact timing to buy. I think when opportunity knocks you should always be prepared and grab it. It is given changes is always happening at all times. If your instinct told you to buy then follow it. Take risk eventually this business is all about it.
This is just a game of taking risk. If you want to earn something good, then you have to invest and buy Bitcoins sooner or later. You have to believe in yourself and you need to make wise decision. I think studying if charts can help you a lot in this manner and can solve your problem to a significant level.
Exactly! Moreover, life is all about risk and we take huge risks every single day. Fear is what usually make people to take decisions until they either miss out or they end up panicking on a little trend. Bitcoin has been known to always bounce back and it does not matter at any stage, since what matters is that you are still an early adopter and you will definitely get back more as long as the support keeps going on. Don't regret your actions as long as you cannot change them.
1584  Economy / Economics / Re: Bitcoin will control the world economy!!!!! is it true? on: October 11, 2017, 04:50:28 AM
I don't think bitcoin will control the world economy because that's not the purpose why bitcoin is created. That's my honest point of view though.
it is not the purpose of bitcoin though the original plan is to become a strong currency that is not regulated by any authorities, and who among the strong
countries will accept that? they will never allow anything to exist without their control for sure.
No country will ever accept that. The only reason they have not been able to do anything is the fact that it cannot be control and it has grown wider than expected, so the only thing they may end up being able to do is to make use of exchanges in their country to be able to benefit from it in a way or the other but giving up control for bitcoin, that is not even a possibility.
1585  Economy / Speculation / Re: Bitcoin to get to $5,000 before end of this week! on: October 10, 2017, 07:59:19 PM
Maybe it will happen. Bitcoin price will be rolling $ 5000 mark this weekend or next weekend because the Bitcoin fork upcoming. people will try to have Bitcoin before 25/10 for additional bitcoin gold
Eyeing as well since bitcoin gold will be like btc cash where free money will be acquire that's maybe the reason why there's so many people rushing around buying and holding btc for them to take advantage so 5k really possible for this week or the next one, holding what I have now.
You are absolutely right. Wouldn’t you do the same? It is a huge advantage to make more money for free, and it is left for every wise person to utilize it for their own benefit. It is just a bit bad for anyone holding alts right now, cause it is a really bad time for them and some who are still holding them as they are getting dumped pretty fast.
1586  Economy / Gambling discussion / Re: If you would win a Jackpot what would you do with the money? on: October 10, 2017, 04:02:22 PM
Getting a Jackpot is an unexpected, unexpected money we'll get before. Maybe I only have two choices, first, to spend it just to have fun so that I get the pleasure of doubling up or spending it for essential purposes like buying a better house, buying a car, giving it to some people close to us like family and to the person urgently require.
Totally an unexpected money and such money can be so crazy to get and easily spend if you do not have good plans already before arriving. I have thought about this before and my answer was just purely, to build my dream investment. It depends on the amount though, but apparently it won't be a small one.

You use money to make money and such opportunity usually come once and you may never be able to have that opportunity again. The best is to plan well and make very good use of it so you are at least not back to square one. I have never been lucky with Jackpots though. Grin
1587  Economy / Gambling discussion / Re: Benefits from Gambling on: October 10, 2017, 03:02:55 PM
There are none, it is simply entertainment. If you approach it with this attitude, you may get lucky sometimes, if you go in hoping to come out wealthy, you will lose.
Anyone who goes into gambling hoping to benefit by being wealthy and not just for fun will not only loose all they have like you said but they will also end up loosing themselves at the long run. I personally do not see any way gambling benefits anyone.

Except for luck that makes some people win sometimes which does not shine in often, gambling is more like wasting of time and resources unless of course you just want to have fun which the last time I checked, there are so many awesome ways to have fun than that.
1588  Economy / Gambling discussion / Re: Can maths help you win in gambling ? on: October 10, 2017, 02:31:30 PM
Math can help you to find you can't beat the house on long term, that is a great help, so yes, I agree that math helps gamblers in gambling.  Wink
Why would you employ a strategy in gambling games that has a house edge, they are definitely created just for entertainment.
If we are good in math we should also be good in choosing games where we can have an advantage and regardless of the games we choose it should be a skilled based games.
I don’t agree with this that being good at math will help you to win while gambling .this is a fact that anyone who is good at math can grab the techniques of various games quite faster than the one who is having problems in calculations.

But the end of the line is that gambling is basically dependent upon the luck of the player. If you are a newbie in this field even then it is possible to win an ample amount of capital by being luckier than the opponent.
Gambling is meant to be pure entertainment and basically should be for fun and just that alone. No matter how good a gambler is in mathematics, it can only be of little assistance in understanding the game faster and applying a little bit of the knowledge in playing, anything else is just luck and without that, there is nothing that can be done to always win the house every time.
1589  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [OMG] OmiseGO - Speculation & Discussion on: October 10, 2017, 01:11:57 PM
My intuition says the train will be leaving soon.
I like to invest in the people involved, not just an idea.
In the near future most  transactions will be digital.
 Physical money as we know it will be a thing of the past.
OMG has always shown good prospect most especially with the team involved and the rate at which they are moving is quite impressive. It is obviously a project worth investing in and I surely will not want to regret missing the train. I just usually like me a team that gives me what I want even before I need to ask for it. That is the definition of a team that knows what they are doing.
1590  Alternate cryptocurrencies / Altcoin Discussion / Re: Hold BTC or Buy Altcoins - Hard fork on: October 10, 2017, 11:42:36 AM
I have been holding bitcoin all along and it will never be wrong. What is the worst case that can happen when you hold bitcoin? In the case that bitcoin price fall after the fork, the alt coin that people are holding will also suffer a dip. These alt coins are correlated to bitcoin. However, there are some alt coins will able to tank more than bitcoin so that can be a better option like ltc. But you will still have an extra coin now to reduce your losses.
I totally agree with you mate. I do not even see the scenario with bitcoin being the worst case since eventually it will still come back with a win even if it takes a while which I don’t really see the possibility of it even after the fork. The rate at which the alts have gotten pretty bad in itself is really not good, and it is unpredictable what becomes of them even before the fork, so safest way is to stick with the bitcoin until the cloud becomes clear.
1591  Economy / Trading Discussion / Re: Is this too good to be true! on: October 10, 2017, 10:55:40 AM
usi tech Is Dubai based currency trading company. This year they started bitcoin trading with 100 k investment. Recently they started package with as little as 50 euro. They also have office in US https://371e8496.usi-tech.info
If I were you, I would not really depend on that information to help me make my decision. So many scammers can claim to be from anywhere just to make you feel good with the amount you are investing and then end up carting away with your funds. Look beyond that and do a proper diligence before investing into anything online so you don't end up being the scape goat.
1592  Economy / Trading Discussion / Re: Is Holding Bitcoin a long time good way to make money? on: October 10, 2017, 09:52:32 AM
Basing from some historical data, bitcoin does increase value with time. No one really expected it to have more value than gold. But to generate a good income you should also invest in altcoins not only in bitcoin. Hodling is one of the method to make money but it really is time consuming. There are a lot of ways to earn which give some valuable returns like investment, saving and trading.
Sorry but I will never ever suggest investing into altcoins. They are neither good for long term investment nor short term. Altcoins in my opinion are mere wastage of money and time whereas investing into bitcoin is a guarantee of great profits.

Bitcoin is the only digital currency at the moment that can generate the profit you aspire to have. Holding them for long time is the best method of making money in crypto world.

The altcoin market is sort of a battle field. The weak gets eaten, and the strong ones get the most profits. Right now, the old ICOs of this forum are all down. I guess whales have started to move to a different coin or maybe they have already left long ago and all that's left are just bagholders waiting for a pump that will never happen. So now we are all left holding a lot of shit coins. I'm not really sure if it's a good idea what I did today. I bought multiple coins that just recently got dumped.

With that note, most altcoins are not a good way to make money for holding a long time. One pump and you should go out of the market then invest on another coin. There are only a couple of coins that have followed their roadmap and have made audience and volume for doing so. Others are just there, left to be forgotten.
It is really a battlefield and most of them are hugely experiencing a bloodbath. However, I would not count on it. I have a lot of altcoin portfolio right now and it would have been proper to sell before this time and apparently buy some at this dips but there is every possibility that some of them might still get pumped even before the fork.

This is a huge preparation for the fork and the rate at which the market is so unstable right now as people are pulling their assets out is sort of scary, but all the same, it will pass.
1593  Economy / Trading Discussion / Re: What to do when prices are falling on: October 10, 2017, 07:31:48 AM
If you are a day trader of course when the market goes down you will sell it and go back to that coin if the market will go high again but people still HODL their coins.
There is totally a huge difference between a day trader and a long term trader. Most long term guys usually hold for profit and even buy more at dips looking for when it would come back rising up to give them a huge profit.

Day traders on the other hand have a totally different perspective towards trading, buy now, make some quick profit no matter how small and never lose more than this amount. However, there are sometimes you just need to study the market so you do nt end up losing pretty bad and such markets are the ones we are having presently.
1594  Economy / Trading Discussion / Re: you need to overcome your fear of losing money on: October 09, 2017, 05:38:09 PM
Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
In a documentary Warren Buffet told, regarding the way to invest, that there are two simple rules. 1'st rule: never lose money when you make an investment, and the 2'nd rule  it DON'T FORGET THE FIRST RULE. Simple.
That sounds very tricky rule, all we aim is to make money but not all of us are successful in investing.
It's just a motivation I guess but if we are not smart enough and we will not work hard we will never be successful in investing, if we can easily make profit then investing is not risky at all but the reality is the opposite.
You are right, skills about any kind of business is necessary to keep save your business from loss by good techniques but I think loss is not too bad in business for future alert and it is also a reality that in business you will also face loss factor somewhere and some time. Therefore, fear regarding loss in business is weak point of a business man and with fear you cannot survive in the market for long time so be confident in business without any fear.
1595  Economy / Gambling discussion / Re: Trading vs Gambling on: October 09, 2017, 03:55:20 PM
both can be really profitable but also can make you lose a lot, gambling will ruin you faster tho

I don't think both are always profitable. If you gamble for longer time then mostly you will end up losing money to casinos and if anyone try to do day trading then mostly they also will lose all money. But if you're doing trading for longer time frame then one can make some decent profits.

Yeah correct, the longer you gamble the greater the money you lost. But the longer you trade the greater the money you earn and greater the chance that there is no risk.. because i believe  in gambling you will win but i am sure thats only on the first but in the end all your winnings on the beginning will loose together with your all money..  while in trading, yes at the first it is hard, doubtable and too risky to loss money but if you continue it and study all the possible strategy in the end you gain a winnings.
Gambling is a useless activity which takes away all the money with time. It is like burning your hard earnings with your own hands. What I care about is not exactly money, it is the time, the time that a person can use to become a rich happy person is wasted in playing gambling. Trading is a respected profession and all the traders are at least not ruining their lives.
1596  Economy / Gambling discussion / Re: Do you set up limits for yourself? on: October 09, 2017, 03:25:43 PM
Yes, I limit my funds for gambling just to make sure that you I played a small amount of money knowing that if I lose it, it's just a little amount and I can earn it easily. And if in case I win, I will save my profit and play the same amount I always limit to myself.  Smiley

This is what new gamblers should have been taught before they started gambling. But to be honest, this is really never going to be a lesson that the gambling sites would want their gamblers to learn early on. This lesson is learned by the gamblers after they lose their money already from gambling. Casinos will not teach this because it's totally against their principle of letting their gamblers lose as much as they can.

people will not trust others strategies that is why they will learn this kind of lessons after losing money in gambling. we are humans we will not accept anything easily just based on others suggestions. We will accept only after experiencing it by our own. And why the casinos will teach this nobody will be interested in spoiling their business.
Indeed correct. Humans do not really take suggestions seriously. They will only learn the lesson by getting its experience and after that they will regret. It is so amazing to see people doing this. What is the use of crying later ?

Anyways, we have brain and it must be used for our goodness. We must stay real and gambling is a risky game so we should not spend a lot of time or money on it.
1597  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If you have now 500$ for invest? Where you invest? on: October 05, 2017, 07:37:50 PM
Bitcoin is a decent venture choice and is the most stable crypto currency out there yet you can likewise put resources into numerous another altcoin like waves and Ethereum which is constantly great. put resources into waves and Ethereum hold and hold up that time its cost will increment. What's more, I trust in future you got great benefit.
I heard about this ICO but I think it would be much better to spend this money on bitcoin. It has started to gain value and last time when it did, people really earned huge profits. Bitcoin is the best investment at present. It is far better in multiplying than any of the asset. It will look expensive at first but the good thing is, once bought simple holding on can give 5o times more profit.
I will also suggest investing in bitcoin. Nothing can match this digital asset in regard of earning profits. It will produce new generation of elite, rich people and all those who are earning bitcoin are living a good, stable life. There has been a dramatic change in their living standards. Like you said, it is predicted that the worth of 1 BTC before 2k18 will be somewhere near 7k dollars.
1598  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The next 100x-1000x coin? on: October 05, 2017, 07:07:42 PM
My top3 currently (no particular order):
- OCL
- NEBL
- WiC
Bitcoin, ethereum and monero are so far the best in producing profits but the first one is the superlative degree of each feature that a digital coin can have or is expected to have. Though it is very expensive at the moment but if a person start investing in little fractions, he will definitely accumulate a whole BTC in few months and one day (most probably in next year) he will be owner of 10k dollars.
1599  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Good Altcoin for longterm investment on: October 05, 2017, 06:25:05 PM
HUSH and KOMODO

HUSH is great and cheap atm. Great coin, awesome dev (from another famous coin)
-> Massive potential.

KOMODO already raised. Has less potential.
Every coin that has no to zero users is cheap. If hush is cheap then I am not surprised at it. The best altcoin so far is ethereum but the best digital coin is bitcoin only. Eth is nothing in front of btc. This is what charts say. Ethereum and monero both are good for long term investment but really, it would be much better to spend in bitcoin if someone plans to hold for long.
1600  Economy / Economics / Re: The fluctuation in pricing.. on: October 05, 2017, 05:33:02 PM
is creating a wall that makes it harder for BTCto be a universal economic currency. Stores may take 1BTC for a product and in the AM that 1BTC could be valued at .08BTC. Obviously theres a ton of positives to this happening I think more than negatives. I for one hope it does though because USD is getting old Smiley
Bitcoin is not that volatile you are talking about bitcoin losing more than 90% of its value in less than a few hours, while there are variations in price such wild variations are not going to happen with bitcoin for the simple reason you will need hyper inflation for that to happen and that is impossible in  bitcoin, other currencies have followed that path like the mark of the Wiemar republic.

There is always a possibility of it crashing it can never be ruled out. I doubt it would happen in a few hours but the possibility is always there for it to drop in value.
Many factors could cause this.

World Wide Black outs.
Sustained attack on the blockchain
Even solar radiation could knock out all the computers in the world at some point and it would be bye bye all crypto!
Those scenarios you just created in your head can only happen in movies and I do not see how that can easily just play out worldwide. Worldwide black out ? Come on! You must be likening that to Armageddon and in that case, we won't even need fiats cause banks may not even be able to operate.

Sustained attack on the blockchain may be possible but not like the devs are stupid. Ok! let me just stop it there, let us just hope for the best than imagining things that could possibly not occur.
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