Nothing it surprised us if some altcoins didn't make a good run this year because some of them are still relying on Bitcoin price and it quite to see that BTC is still at low until now. We had to see altcoins soaring high last 2017 because of the hypes made by whales but we are in big different by now and merely can see hypes back again these days which it keeps altcoins still at low price.
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The current situation cannot be determined with the development of altcoin, although many altcoins can maintain and even move well like xrp etc. but holding altcoin is a gamble that we cannot know, will it be useless when finally placing it on altcoin?
They are not looking useless and hopeless, some altcoins still rallying well even without a bull run just like BNB. Well, it has to think that others can't because of lack of support from the community and investors as well. What happens to XRP short jumps is just because of the team action, and we can't really expect that it will continue its surge until the end of this year. We are glad to see that they doing this, it gives attractions but I don't know if it could attract more investors since knowing that it is a decentralized coin.
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Hey guys, I noticed that I always seek for high profit and point is that I still trade 25-50-100x. Then I lose deposit and then repeat once again. Sometimes I gain a lot, like 10x and it gives me positive energy.
But I realise that trading with high leverage is a disaster. How to stop doing that?
Mind setting. I use to trade like that, look for high gains but I end up like what you said disaster. So what I did, as soon as the buy order is completed, I place a sell order at 2% profit and move on to my other trades with the same target only. I find this much easier and trade will take a shorter period of time than aiming for higher profits but ending up in loses. But the common instinct of some traders is to risk huge amount and earn also big. It is really a big disaster once it fails. The limitation might place an important role in trading, it is a part of our self-control. Not do need to think positive all the time cause even how to do it right we eventually sometimes suffer losses. Having 2% profit every day in trading is really satisfying...
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Since you cant actually see the backed asset I really doubt there will be one at the end of the days So be very careful with those project Blockchain is decentralized and most time there is absolutely no way to arrest scammer You can end up losing money....Just learn trading and maybe try it out a bit
Will it hope that there is something we could find and have to prove that crypto isn't just an illusion but it is real. If there is, this could be a big help either...because of what (most) people think is that crypto is a scam and having them in doubt. Searching is the only way to find them but somehow some sites are misleading/
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It is pretty sure people don't want such a market recession to happen instead to be preferred for having the existed price. This is not a thing that could help the market recovery, it only makes it down as many investors lost their courage as well. We all that way far from the very beginning and the prices if high and we feel better if we make it stabilize rather than of turning back.
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That happens when a hype is coming. They give a lot of reason or meaning to it which makes other people believe it could be the time for altcoins.
Part of me wants to give up from it but seeing new projects makes some changes I still hope there will be a good pump. Not just the pricing but also give them a value.
Haven't tired of waiting? The market still seems to be not hopeless, I may think that 2019 isn't a perfect time for crypto nor to see a huge pump either. And I believe that all the pumps we have experienced sometimes are just hypes played by whales. I feel this thing makes the market alive and I supposed to support their action rather than blaming them for the cause of losses of the others.
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If we want a market assurance better not to choose new coins rather than to have Bitcoin or some altcoins. Not really encouraging to risk our money to new coins since most of them aren't giving returns nor to see them growing afterward but rather to see them dying. Only we could give some consideration if it has a working product and listed already at known and reputable exchanges.
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This is a crypto dude, here is decentralization and anonymity. In order to apply any measures to scammers, a regulatory framework is needed within which cryptocurrency will operate. Now there is nothing of the kind, regulation is just beginning to develop, and when it appears to the full extent is unknown.
I really don't that such regulation could help to eliminate scammers, they have that smart ass and probably they look for any strategies in order to scam people. As we know, some project looks so promising at first but they actually have gone in the long run, and be call as a scam also? It is not the scammer to be blamed at all, it also our self cause we decided to put our money in a certain project. Nothing has to think that they are a scammer but they will and we are fooled again.
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bad time? I don't think so, for professional traders I think maybe now it can be used as one of the things that might be good for trading. market conditions are not good and can buy at low prices and sell at high prices
It is not easy to enter the market when the situation is bad, or there is a fud so prices fall. no one can be sure that the coin will rise and the trading volume will increase. this is very risky. It probably there is a high risk in crypto but much higher when the price is high. But the market price today isn't that much higher and I've never thought that it will lead to dumping hard but rather to see it moving high in the coming days. If we are just thinking hard, risk, negativities will it only bring us doubts and uncertainty. This is why I'd never considered a lot coming from news cause sometimes it is just one-sided.
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How many gambling sites are you playing and do you use the same strategy? I'm playing on at least 4 sites now and uses a different variation on the martingale and some guessing method and I found out that I have good success implementing a method on one gambling site that is not effective on other gambling sites, how about you?
I don't really use strategy when I gamble but when I do I usually use martingale although it is notorious for it's losing profit in the long run but it can sometimes benefit you if you're lucky but I wouldn't recommend it to someone if they are to ask me for a strategy. I often visited Sportsbet and feel not really effective to use martingale strategy at all. You are right, it will only give you a way to lose instead of having gains. But not actually we just put blame into our strategy, it is between us who never have that luck in time we gamble and suffer big losses, and might it get worse when we use martingale strategy.
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I can think in 2 direct benefits: People who likes gambling but are not used to cryptos, will research and learn how to use, and with this we gain popularity The second is the fact that people have to buy crypto to play games or to bet, and this increase the volume and price of BTC, it's a good thing
Crypto gambling is not really that much adopted at this time even though it gains popularity cause some gamblers are still using fiat rather than of using crypto. Mentioning in some areas where crypto is banned, they will consider fiat if they wanted to gamble. For the continuous growth of crypto gambling sites, it gradually lifts up the chances that those who are using fiat will soon to welcome crypto in their life. But of course, it will take time and it also depends on how the market moves.
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Day trading is only profitable when traders take it seriously and do their research. If you are failed in day trading don't worry, you can read here about the day trading. Day trading will not work for everyone so losing on it is not a big deal and I feel day trading is quite non profitable in long term when compare to simple holding so one who expect long term profits should avoid day trading. It is a thing need to realize and day trading is not really profitable at this time. But I don't know how it is effective by spending the whole day in trading for the just sake to earn some few bucks ever day. But it won't cause we need to sleep, we have to spend time also to our family and a lot of distractions may happen. Day trading is not a simple task neither, the risk is high than of casual trading.
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Let's be honest here, XRP always made a sudden move without using any pattern. Did you remember a few months ago when we got a huge dump but XRP got a good pump? even though it made a nice gain, it does not mean it will take a lead. For the long term, everything is decided by Bitcoin no doubt about that. it is just they have a special condition that could move the price since they're holding quite a lot of coins in their pocket.
Developers have a lot of opportunities to manipulate the price, we have already seen this many times before. Observation that is very true and applicable to a lot of altcoins. I don't see anything special for XRP to continue increasing its price in the market. Developers of this coin might be behind this market movement and if in case they are not, ask yourself - what would be the major reason why it will continue to soar? Are there more users of this coin? Where can you use XRP aside from trading? Can you pay XRP in a coffee shop? Just few questions that you might want to think about. Holders come alive as XRP shows some pumps, but the question is what will happen next after the hypes will be over? It sounds like we hold then back again waiting for another price manipulation. This is a way to attract traders as well, it is a reoccurring scheme that developers do to think that XRP is still alive but one thing makes difficult is that, XRP can't be better because of being a centralized one and not even it grow more because it is controlled already.
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In order to understand which rooster has won, it is not necessary to know the rules of cockfighting so that an attentive referee is present on the field and he decides which of the roosters has won. I've never bet on cockfighting, but it's a very spectacular fight. I think if you run the cockfighting and take bets in bitcoin then you can have great success in the gambling market.
Well, aside from spectacular kind of gambling it is also unpredictable fight event and analyzing whos gonna win. How could you apply strategy in choosing a rooster that you know it will gonna win. Cockfighting is a very intense match because it takes only more or less 5 minutes in every match. Indeed, they can set less than 500 down matches per event, if they want. If we are in the real fight and we know whos the owner of this roster, we can actually speculate who will probably win but as it is in the online games, probably no one knows or manipulation might exist. And it is purely a bit of luck who could win us and not any strategy to work with. Cockfighting is really known in our country and some big names are involved with this, but it sounds like it is not acceptable by the other country players who didn't know about this game.
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Btc price is allready too high.
Investors are afraid to invest That's Why btc is Not Going Up now
But Other top coins are cheaper so investors Will accumulate ETH, ltc, bch eos... Coz They are cheaper
It might be a factor also and people are still worried that it turns down drastically in awhile when they invest right now just like what it happens after 2017 bull run. Nobody expecting that and it makes them think of the current price. But I don't see how it affects with the price of ETH and the rest of top altcoins cause their price are still in low which we could think that it will move high if investors will look for it.
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Ethereum doing a great movement this week, I think because the altseason has come into the market *Screeshoot taken from Binance 09/18/2019Hope ETH can reach $250 first before can get fly higher I hope also, even it never think that it will rally a big achievement this year but it is big enough to make some encouragement to the hopeless investors were waiting for its come back. This is to believe that Mr. Vitalik still looking for the good of ETH future and not even abandon his creation despite a long bearish season it happens to it. Will it be considered as a great start ahead and looking good trend will follows.
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I do it for fun. The money I spend on gambling is less then a lot of people spend on their daily coffee run to Starbucks. Sometimes I spend more, sometimes I spend less. If the money put into it is for some reason ALWAYS lost but you are enjoying yourself then it's just the cost of entertainment. Which has been said many times here.
I would rather drink a $4 beer at a bar with a friend then have a couple of $15 drinks with dinner at a restaurant. I just don't drink expensive mixed drinks. Some of my friends do and that is fine. If you are like me do you question them spending $30 on alcohol while you only from $4 or $8?
-Dave
Though I am not a coffee person but I think people spend money on coffee drink to help improve their productivity. Does gambling before working helps you work better? Well, only those who enjoy gambling can answer this That is pretty crazy... I don't how people think of it. Might coffee will help to stay alert and in focus in our job but not it actually works in gambling. Drinking alcohol will make me out in timing and aren't giving me a good decision. Gambling for me isn't fun, its a serious business but drinking alcohol is definitely we could see fun on there.
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They are actually not poor because they have money to spend on gambling. I could say a person is poor if they don't have anything, they only have money but it only for their basic needs. People do gambling because they have, and actually they can afford to lose something. But I'd never say that majority of the gamblers are rich, they are probably at the middle class which they still have time to go around and enjoy their life. Not that billionaire or millionaire will go in the casinos cause this is might a threat to their life.
In general, most gamblers are those who belong to 3rd and middle class( IMO).
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That be sad. I want to be a trader but hearing this, I'm thinking that it might possible that I belong to those 97% traders who are a loser. Anyway, we can't say that failure is not the reason to quit and stop from what we aim for. In my self, I'm not really confident with trading because I don't have enough knowledge in trading nor to have that high level of skills. Maybe I have a chance to make it right but what the market looks too difficult right now, I've changed it...better to be a simple crypto holder than to risk in trading.
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I can't think of anything else than lack of trust from scam projects and scam ICO Projects, lack of trust and lack of regulation is whats stopping crypto from mass adoption, if scam projects can be dealt with then we will have more investors and money flowing into crypto
We definitely can't stop these scamming activities surround us. We did our part to hold them but how about the others? Are they doing good to stop them? It maybe not or they just let it happens with them. That is a really sad story, in fact, more of us never learn from it. What I'd like to say is that it is not only the scamming issues holds for crypto mass adoption but also because of the people's perceptions towards crypto. With all the negatives and bad news that they were heard is something giving them bad interpretation and doubts.
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