The simplest thing you can do is to buy a few btc or altcoin then wait for the price to rise. Remember to just buy a few, they will initially help you get used to the job. And you should monitor the market to be able to buy a little lower prices, so you will be a little bit more profitable.
That's right, it's really a simple job. But that is not the job of a trader, what they do more than what you imagine. and all come from their intelligence. Aside from that, he must have the basic knowledge first about trading. Those they have given will help but will not be performed wisely without knowledge in trading. There are many articles that can be found onkine that is about bitcoin. I agree to you. Before we enter the world of trading we must have basic knowledge about trading altcoins and bitcoins. Knowledge is very important factor to earn big amount of profits. Yes, I believe it is not only applicable to trading only but anywhere in the world, before doing any task you need to have the basic knowledge about that thing. If you don’t know swimming, and you jump into water the result is very much obvious to everyone. So learn well before doing anything. |
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No good idea to put all money in Bitcoin because invest in Bitcoin actually high risk investment and so high fluktuasion, we dont know what will happen with Bitcoin later. So in my portfolio i put 50% in Bitcoin 20% gold and other 30% fiat. I think we need to keep fiat because when the price of Bitcoin fall and we need money in urgent so we can withdraw it
Everyone has his own choice but I would suggest you not to put in your money into gold. Instead of investing your money in gold, go for the Bitcoin investment only and that will make you earn much more profit than holding of gold. As far as keeping paper money is concerned, you should have a part of your income in the form of paper money for meeting up your daily based needs. |
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trading required knowledge because this is basic thing to starting it and i would like to says crypto trading is more profitable
because i have not knowledge to started forex trading
I agree. For me, Crypto trading is far better than Forex trading. People know very much about Crypto currencies and they have invested a huge amount of their income into it. Forex trading is not that much popular and has a risk of losing your money instead of making out more money from it. |
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Using bitcoin for payment is not time consuming. It's easy to access and operate and much convenient.
If someone makes transactions via bitcoins, he will enjoy two things, fast speed and cheap dues (especially in large transactions). Other than this, a person can transfer the desire amount to any part of the world with same ease and speed. Bitcoins saves from tedious procedures of fiat payments. |
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actually, before the existence of bitcoin, criminality in the virtual world is already very much happening, but with the bitcoin is increasingly becoming a big chance for criminals to act, examples of the biggest things such as drug trafficking, weapons, women, and children. but not only that, people like state officials or other wealthy people can use bitcoin as a money laundering place
I will not deny your statement. It is indeed correct. Criminality is as old as humans being are in this world. The first crime was a murder executed by Cain. Likewise, cyber world is also full of crimes. As far as we exist in this world, crime will also exist. Bitcoins provide anonymity which is embezzled by bad people. |
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I think you should buy bitcoin today. it's never too late to buy bitcoin. maybe the price will go down but it's only temporary .. and the price will come back up. if you ask your moment to buy bitcoin .. maybe it is very easy for bitcoin. you only buy bitcoin at a cheap price and sell it when it is expensive. but you should not sell it .. keep your bitcoin in a long time so you get a lot of profit. do not wait for bitcoin prices to go up as you will regret in the future.
You are right in one aspect. But the general trend which is being followed when comes a point you need to decide amongst buying and selling of Bitcoin is “grab as much as you can when the market price is down and do not sell until and unless you have achieved that much profit which you want to earn”. I think this is what the bottom line is. I think those who can sell their portfolio at right time are always in profit because if the price is high then the rate you have purchased the portfolio and you did not want to hold it more for more profit then you will be very safe from the decrease in the prices of your portfolio and by selling the portfolio you will be able to prepare the new one which can also give you profit in near future and the vice versa like if prices are going down you sell it to avoid further decrease. |
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Gambling is indeed just a game, some people believe that gambling is like investing in fast forward, since in investing there is still that we rely sometimes in luck to profit. But generally the risks in trading is quite different from gambling. In trading you can minimize risks because you can execute some strategy that can do this, however in gambling you cannot change the outcome of a dice roll.
Gambling does not only involve dice games. People play poker too. Assuming that you know poker, it can be won by applying some strategies. However, the difference between gambler and trader is, a trader can learn and enhance his wisdom even from zero, but gamblers need god gifted talent. All games rely on either luck or talent you are born with. |
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Just want know how much the gamblers who use analysis when play gambling and what kinds of gambling game? And do you think it is needed or not making analysis on gambling game or it is depend on lucky. Thanks for share your opinions and experience.
Yes i really do analysis when i am playing gambling also in the game of poker, so i could if my opponents are bluffing or have a awful cards. Doing a analysis in poker is a great strategy because it will really give you a chance to win but sometimes it always depend on your luck for you to win. I think it is the actual poker you are talking about, because there are no real person in the poker here in the online gambling site, it is all about Artificial Intellegence stuff. Online Casinos nowadays are all using A.I because it is easier than managing it manually. The owner could save time by using this to do other things. That is for sure. Moreover, poker is only fun when played face to face in silence. Man, that environment is sooo captivating. Poker enhances a person manipulation and reading skills. However, when played online, it is not any fun. Playing against computer is no fun. Honestly the games which involves analysis are not much fun filled for me, the random shots are giving me more pleasures comparatively. |
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All the bitcoins in the world is not enough for the martingale system. It is a failed and very dangerous system. If you have a large amount of coins, hold it
It is far better than martingale.
What you said is correct. We need unlimited Bitcoin or any other coins to play martingale method because no one knows how many maximum continuous losses you can get while using this method. That's why always gambling houses make money and players lose. Spend only limited money on these games don't be greedy to earn an easy money. Those folks who think that martingales or any other strategy can win those bitcoins in random games like the dice or slots are just wasting their time. This strategy does not guarantee you victory but it is just a way to recover your losses and earn profit if you are lucky to win at least one shot. |
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If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
I will surely keep it. I am not a one day millionaire. We must use every money that comes to our hand in smart way for we have no regrets after all. I am not saying that we should not ever spend our money in our wants. It is alright to spend for it but not always. That's cool but if someone would have given me a bitcoins, he would have been my bestie after that day. As bitcoins have the tendency to increase its value with time, it is good to save it or better to increase the amount by trading. But I know, nothing like that is gonna happen so just forget it. |
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If Bitcoin goes up very high should i buy a house?
Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.
If you use bitcoin as payment for buying a house you cannot buy a house because no one would ever accept bitcoin as payment because not everyone know about bitcoin but if someone would really like to accept bitcoin as payment you could probably buy a house in a right amount. You can also convert your bitcoin into a real cash so you could buy a house if you have a enough money to buy a house. It totally depends on how much you there is a need of buying a house and if he can afford a house now easily (given that he is in great need of it), then I wonder why he hasn't still brought it. One day, we are suppose to fulfill our needs with bitcoins. If we can't use it for our sake, then what good is saving it ? |
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Gambling with altcoin is really favorable because its transaction is faster the benefit is that its fees is lower regarding to bitcoin and along with that many other benefits but bitcoin is also better.
Altcoins are better because they confirm faster and comes with low transaction fees compared to bitcoins that's why I now play dice with them and not Bitcoin. I only get on sports with Bitcoin. Because of high fees and slow confirmation of Bitcoin has forced many people to gamble with altcoins. Earlier I was mostly using only bitcoins to gamble but now sometimes I use altcoins to play dice game. But to bet in cricket matches most of the time I use only Bitcoins. Slowly people may stop using bitcoins for gambling instead use it as only investments. That’s good for bitcoins if people will stop using them in gambling. Gambling is something so cheap that bitcoins are not meant to be used for it. Gambling is just wastage of money, time, health and skills. Altcoins are cheap so that’s why people are using them for gambling. Bitcoins are very much precious than altcoins. |
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I do believe in superstitions sometimes. Like what you've said to wear favorite shirts, to wear shoes that has experience in winning or you wore when you won a contest or something. And sometimes you just call it a lucky shirt or shoes. Still, while believing in it a part of me does not convince to believe. I mean there is a big difference in gambling and superstitions. And at the end of the day, your luck will tell you so.
If you believe in luck you will do superstitious things sometimes. It's not new to us especially for those who are long time gamblers, although we value our skills but we do believe in our luck as well. It is a famous saying, "If you will think positive, good things will happen to you". If people believe in superstitions then there life will revolve around it. We cannot deny the luck factor in any case and if a gambler wins more in slots or dice, then obviously his fate is on his side. Yes, your mind is just like magnet. It is going to attract things it is filled with or occupied by. Try to think positive so that good things happen to you and superstitious things are not educated people and we should stop even others from believing in all these nonsense. Luck does count in gambling. |
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how mush money i will lose or win  if i buying btc right now? i don't do this just interested index It is very hard to answer this question. NO one predicts the future and all are doing a guessing game based on facts but not sure whether those things can happen or not. If you worry about losing your investments, then you can invest in any products. So the thing about long term profits then starts investing. In the long run, I believe Bitcoin prices go higher than current prices so just buy in small quantities whenever prices go down and wait for right time to sell. Yes of course interested index is not the sign of profitable business. One can do environmental scanning before investing his capital and I think it is the best thing which everyone should do before jumping in any business. The same can be done in bitcoin too because bitcoin is also a currency business. Just look at the trust in and the people interest in it, so the current situation will be clear. |
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After i gather a significant amount of bitcoin, i going to turn half of it into fiat, im planing to buy some equiptment for my clothingshop and the rest i will reserve it to begin a new career on photography and video editing.
That's cool, wish you good luck! I am also planning to use them as an investment in my business, actually future business. I have big dreams and now that God has given me a chance to make them true, I won't just sit back and watch others earning BTCs. |
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My answer of whether to spend or save bitcoin would depend on my needs. If I have everything well covered for, then I would rather save it. But if I am in need, I would not hesitate to sell and spend the earnings. Afterall, it is exactly the reason why I am saving in the first place - to have backup funds in times of need.
Yes, all depends on the needs and financial status of the holder. If you have no need of money on urgent basis, then there is no need to waste your precious coins. You can hold on to them for longer time and get richer without doing any hard task. I will never ever sell my bitcoins without any emergency. |
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Today many countries accept bitcoin as a virtual currency, is it because bitcoin is so high that they think bitcoin can change the country's economy, or because the country has many bitcoin users already?
I think it is possible that bitcoin can improve the economy of a country, you just have to look at some countries that are financial hubs, those countries enjoy great prosperity because they manage a lot of money, if a country becomes a bitcoin financial hub then the prosperity for that country will be enormous since there is a big chance that an important part of the economy is going to move through bitcoin. what about the side effects that will occur in the country if they use and legalize bitcoin? of course there is always punishment when a country legalizes bitcoin in their country, of course everyone has seen the negative side of bitcoin, if bitcoin is really legalized there is certainly little problem with the amount of financial crime that will increase There is no doubt that a new technology always allows criminals to get away with their crimes in new forms, this is nothing new and bitcoin is not an exception but I think it is very obvious that bitcoin is going to be a net positive for society and this is why a lot of countries despite their objections to some of the activities being done in bitcoin have not banned it. True. I think that Bitcoin can very much improve the economy of a country. But for this thing to be done at a larger scale, the Government of that country needs to take such sort of steps in order to improve the economy of itself as well as the people. Still Bitcoin is playing its part in a good way to make the economy stable. |
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I think that some Bitcoin users had the chance to become rich these days. Or not maybe rich but very well settled. The price is going crazy and if they have decent amount of coins, especialy if they bought them when the price was 450 or 600$ they could make a very nice profit. It's important to set your goal and doing everything to reach that goal.
When I got in newly, I made a good amount but never knew much about bitcoin, so I had difficulties with selling. Unfortunately, I got scammed by someone who claimed to be an exchanger. I was very sad, so I left bitcoin to find something much better, after having tried a lot of things, bitcoin seemed to be much better, so I got back to it. I’ve been making a decent amount recently, so I hope to achieve more with it. Oh that’s so sad if you got scammed but trust me, bitcoins are the best ever digital coin and no other coin can produce profits equal to bitcoins. That’s great news if you are doing well with bitcoins now and are not trusting people around you much. Keep working hard with bitcoins and soon you will be richer. |
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from my personal experience most peoples like to risk the whole winning at once to earn some more big chunks but thats not a good habbit for me personally because by doing this you will surely end of loosing winning + starting amount at one day. The best way to earn money by gambling is to have proper bankroll management after having a great win. Do not increase your bet size gradually after your winning and always tries to cut the portion of winning at safe place from your betting bankroll because whenever you looses your winning that savings on wining will surely help you lot .
My recommendation is no different than you in this scenario. Gambling again with the earned profits can end up in losing all the winnings. That much greed is fatal. What I prefer to do or suggest is running away after hitting upon winning of the day and then come next day. |
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To get rid of gambling you need to take your free time with some very interesting hobby so that you do not even have time to think about that you can play the game again.
As usual, this is a way but if you want to get rid of gambling totally. I suggest that allocate your money or budget it with the right way. Don't give a way that you'll have spare money to be put in gambling. It's better if you'll save that in bank or invest that somewhere not in gambling capital but you can just use it for trading of alt coins which is a more productive thing instead of gambling. It's hard to focus in a lot of things and your plan to quit could not be possible if you still prioritize gambling and you cannot let go of the fun. Think on the other side, gambling is fun but there is a reason why you have to quit, it's not good in your finances therefore you have to quit as early as possible. Gambling addiction cannot be easily healed if you won't replace something more special that will make you focus and enjoy instead of gambling, having said that you have to look for that kind of interest of yours. It may be hard to focus with some other things when you are about to follow your plan of quitting gambling. And you must change the way of thinking that you mustn't be prioritizing gambling anymore. What's the use of it if you want to quit but you keep on thinking about it. If that still doesn't work, try to dedicate your time on your job. If your plan of quitting gambling does not involves focusing more on other things then what sort of plan it is. If someone wants to quit gambling, he needs to spend his time in other activities and shift his interest from gambling to some other work. I recommend running or cycling as an alternative. |
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