Hello All,
What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.
Steady income more likely to be 'small & secure' than 'big & risky'.
Thanks,
BR Oinas
Forget it, that is not going to happen right now, bitcoin is still developing so any investment opportunity you take is going to have risks associated with it, I do not think that what you are looking for is going to appear anytime soon, maybe in 15 years that could become a reality but now you must forget about that and accept the risks that come from investing in bitcoin and altcoins. I think even 15 years from now there is still a risk in investing in bitcoin. However, there shall be a very big difference between now and 15 years after - bitcoin may be very expensive already or bitcoin has little to no value at all.. Who knows what will happen in the future but for now, this is so far the best investment to have when you are doing it right. |
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As I understood, your case looks totally like mine because we're both playing gambling game principally for fun !
You come back because you have not any mean of entertainment that pleases you as gambling, but if you're really determined to quit gambling you just have to find something that can replace it in your life, something that can give you fun as gambling do.
and that something could be learning and equipping yourself with cryptocurrency trading. Mind you, if you will know the in's and out of crypto trading, then you'll know what I mean - it means really that you will gain more profit. |
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It is depend on your profit expectation. If you trade in short term, you should put a profit rate to your trades. %15 - 20 is ideal profit rate for trade.
is this for day traders? I mean if you keep selling and buying , how would u know how much it would go up and go down. Unless you are the insider of the firm, maybe this is possible. Maybe by monitoring the movements of the coin he had and many people are doing that and they are been settled to earn some low percentage a day. And short trading is best to execute with bitcoins since the movements are so unstable earn with it if we let our eyes watch closely unto it. Today is the perfect day to sell bitcoin in the market, because this day bitcoin value were raised up to $4300. For now it better to sell before the bitcoin value is fall down. We cannot sure if the bitcoin value was stay on high price or it was declining. To be sure selling is the best option we can do for now. It is really a good price to buy bitcoins nowadays but I am also hesitant because the price may even go higher - all we do really is hold, invest, and trade. Those 3 are the basic and prime ways to earned some or grow some of your bitcoins and altcoins. |
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I have noticed so many players are just gambling for the sake of profits only. But majority of them loses most of the games eventually as they are not smart players.
So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?
Do take breaks from the gambling activity you are involved in. By taking a break you not only cut your turnover and therefore losses, you also refresh your brain. It gives you a chance to get your emotions back under control if you have been having a big winning or losing streak. Sounds a good idea because when you keep on playing and you are on a losing streak, there is a big tendency that you are going to do rage bet and this is not good because this is where most of the big losers have done - the bet with full of emotions and even to the point where they are already risking their properties and lifetime savings. That's right.Learn to take a break especially if you're having consecutive losses.And just a piece of advice,the moment you start playing do not take it more seriously.Remember to have fun and enjoy in whatever games you play.Relaxed and cool minds will have higher chances to attract their luck and are more capable of winning than those players who are already depressed the moment they started to play the game. Correct. I remember one of my gambling mentors told me that we should make it sure at the very first, is that we really need to feel good and comfortable before you start/continue gambling. |
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Bitcoin has a whole lot of features and due to the fact of that attributes individuals from every single field are getting advantages from bitcoin so they favor bitcoin over fiat. For illustration the gamblers do not require to display their identity so they use only bitcoin for their employs.
As newbie, as you are and yet you are so correct about the comparison between bitcoin and fiat money. Regarding gambling, there is really no time waiting (usually takes several weeks to month before you will be given approval and after careful background analysis that you pass the gambling site requirements before you even be able to start playing. But this time, online casinos are no longer requiring any documents whatsoever which makes gambling even more appealing to the public. |
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Trading is my main way to make profit in Bitcoin. There are many opportunities in trading as long as you know what you are doing. I also gamble but i only gamble extra money from my profit in trading, I only gamble for fun and leisure.
It is really so nice seeing people that have made it to success with trading cryptocurrencies. I am not really much of good at it at the moment but I am really in the process of becoming one to constant trading practic. Although I have good earnings from time to time, still I don't consider myself as a good cryptocurrency trader. |
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Gambling is a diverse activity, so different types of gambling addiction exist as well. It is not always obvious when someone is addicted to gambling. Contrary to popular belief, the act of gambling is not restricted to slot machines, cards and casinos. Purchasing a lottery ticket, entering a raffle or making a bet with a friend are also forms of gambling.
Gambling addiction can occur when a person feels that they are in financial ruin and can only solve their problems by gambling what little they have in an attempt to get a large sum of money. Unfortunately, this almost always leads to a cycle in which the gambler feels they must win back their losses, and the cycle goes on until the person is forced to seek rehabilitation to break their habit.
Gambling is give addiction to the people who believes in luck, because of auspicious many people always trust on their hunch due to they expected that thru help of this word "LUCKY" there's a possibility that in one click of finger they will become instant millionaire. However, sometimes gambling is not bad to us especially when they used it for fun. In additional just always know the limitation of our funds to lessen the amount lose in our savings. There are people who gamble with the belief in numbers because in gambling math is a great way to increase the chances in winning. Knowing how much you are going to bet in order to get back what you lost. That's a great way to recover money if you know how much. Don't limit yourself with just luck in my opinion. There are really good strategies out there that mitigate your risks of getting your bankroll turn into zero in an instant. Some of the examples are creating multiple betting sessions by dividing your bankroll,pre-planned bets in terms of betting in incremental value as it loses to cover said loses in the next bet, and so on.. |
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it all depends on our thinking. try to think of investing instead of gambling. if we can distract us from gambling, I'm sure we can stop gambling for good
I think trading is better than gambling, because it don't need any sum of money to invest with like investing, but it needs some study and learn in order to understand the cryptocurrencies world and especially how it works. It's not easy at all but the most motivating thing is that people who master trading are rare to find and they are all rich. For me, cryptocurrency traders are best when they are good at buying at certain price points more than when they are going to sell. It is really motivating to see good traders buying a bunch of coins during the prices is going down due to massive trader fears and anxiety and they are ready to sell during high prices of particular coins.. |
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Well yes. we can not even considerate trading in it self as a job. it would be a free work rather than a job.
Trading is related to a market witch obeys to some unstable rules that what makes trading not predictable.
If you equipped yourself with the right trading knowledge and skills, then it is really indeed more than a job but a lifestyle. You can earn tremendous account that when you were still working, you can't believe you can get it. I personally know a friend who is really making it big with trading cryptocurrencies.. |
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Emotions are not easily to control. Emotions are a vital part of our everyday lives. Whether you’re having a good laugh over a text message or feeling frustrated in rush hour traffic, you know that the highs and lows you experience can significantly affect your well-being. Your ability to regulate those emotions, in turn, affects how you’re perceived by the people around you. If you’re laughing at that text during a serious meeting, you’re likely to get resentful looks from others in the room. On the other hand, if you react with rage at a driver who cuts you off in traffic, you can engender unwanted attention, and perhaps even risk your life.
Essentially every self-control must have good patience because then we can keep our emotions. whatever the circumstances try to keep calm because that's a good start to be able to control all the bad things happen. I suggest for those who have poor emotional control then they must learn to reward themselves with a sense of calmness compared to their ambitions. When the price of coin you are trading reach to high price or your target but you do not have order in that time, to be honest your greedy will make you can not sell your coin. Because you will see many reason make you can keep that coin, even some people agree with your idea when you ask them on speculation, it makes you feel you are right and after all, you will be loser  The way to combat this is to have a pre-planned trading. What it means is that, you already have a planned target price to buy and a target price to sell. Once you open your buy position, there is no guessing game already and you just follow your pre-planned trading without any emotions involved. |
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I feel this is a type of bash or placing the BTC down to its amount, precisely the bank business people collaboration. Despite the fact that its up to them how to choose and normally set malicious concerns to the stable cryptocurrency.
You have a point but really, both in bitcoin and fiat money, there will always be people doing illegal transactions. there is really nothing new about this at all and we should understand that majority of the people using bitcoin are doing legal transactions and it is really a minority of people doing it illegally.. |
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At a younger age I liked slot machines, but now they do not bring me such pleasure as playing roulette, poker or sports betting. I think gambling machines are good only for beginners.
I am totally disagree with you !! First, I think the age and the type of game are completely independent especially when we're talking about men. Second, I can't make myself an example but i know so many friends who are playing slot games while they're not beginners. It all depends on individual and it is not depends on age group. Since begging I don't like much slot games but I'm active most in sports betting. It all depends on what you like and these for me these games are not so interesting so I didn't play these games much. Slot games and dice game no need learn much to start playing but after some time if gamblers learn other game skills then they may switch to get some change. that is right, it really depends on personal preferences - I see both young and old who loves playing slot games and dice games.. and it is really obvious that in offline casinos, only adult are allowed to enter and you can really tell that there are many older people who loves playing slot games.. |
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Gambling has a fixed odds system for all major games. Trading in the markets is truly unpredictable. Trading and Gambling are quite different. To benefit from both you must increase your odds in order to win.
With gambling, there is a house edge advantage. Although sometimes, when you get so lucky, you will going to win and if you cash out right away, then you truly wins that gambling session. However, if you keep on playing the house edge advantage might be playing against you. With trading, you are finding ways to make it sure that you are buying in the low and will be selling on the high price based on fundamental and technical skills. |
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I think a great combination of having a steady income - is having a business and a job that doesn't requires most of your time. Like you have money that you can invest on your business and at the same time you won't be scared in losing money that much since you have a paying stable job.
That feeling of personal security in terms of finances is really what each of us should aim. We should irradicate thoughts that we are so scared that we are going to lose our job and that is why we do the extra mile at the expense of our health. With having a good paying job and at the same time, investing some of your income to good investment vehicle will erase the financial worry and be replaced with stress-free thinking in terms of finances |
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Only those people who come to gambling just to win become addicted. This is my theory. If you gamble just for fun - you will never become addicted.
I play really often and do it only with Bitcoins from the signature campaign, so I am not regret if I loose, who knows how many coins I lost already, by proximately counting it's something like 3 BTC. Now it's a big money, I know! But I don't feel sorry, I didn't invested in gambling money from my salary or family budget, so I feel clear myself.
That is really a great way to gamble, just for fun and only use money out from your main source of income and just have fun and be entertain gambling. However, if you aim to earn profit from gambling and invested bigger amount that would really hurt your pocket, then this might lead to gambling addiction once you start chasing your previous loses. |
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Gambling can be the riskiest investment so far especially online, but I suggest you can try sport betting at least they have a little of low risk compared to others.
It's a risky thing whether you invest or not. You just have to choose whether if you want to invest or play. And looking for an easy way to make profit in gambling, there's no other than dice games. This is the easiest game of all but still it's a risky way of getting profit in it. Don't think of an easy way to make profit in gambling, it's better if you'll invest your money into a casino's bankroll or be an affiliate partner. At the end of the day, it really depends on individual preferences - if you are the kind of person who loves the thrill and excitement and does love to take huge risks for higher potential gain, then you go for gambling. However, if you are the kind of person who is afraid to take huge risk, then better invest to casino bankroll.s |
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Do you gamble for fun or for profit?
I mainly just play for fun when I have some extra coins to play with. Ho I admit some times, I try my luck if I will get some nice profit. Im using gambling just only for fun to relieve my stress and just for entertainment and i think everyone knows if we are lucky in gambling there is a chance to get profit but most of the time i lose my capital and i have no luck in this kind of profession, that is why i do not want to take it seriously its justbonly for fun. This is a good way to look at gambling. Play for fun and not for profit though often times I forgot about playing it just for fun instead I always go for a profit. Lucky I am always in control because the moment I feel that it is not my day for winning, I always stop playing and wait for another day. There is really some exceptional people out there that are able to gauge their luck and can make a wise and timing decision as to when to stop or up to when to stop the betting session. This is like a 6th sense and it proves very effective because I know a close friend of mine who easily be in the high rollers in dice games. |
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I have noticed so many players are just gambling for the sake of profits only. But majority of them loses most of the games eventually as they are not smart players.
So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?
Do take breaks from the gambling activity you are involved in. By taking a break you not only cut your turnover and therefore losses, you also refresh your brain. It gives you a chance to get your emotions back under control if you have been having a big winning or losing streak. Sounds a good idea because when you keep on playing and you are on a losing streak, there is a big tendency that you are going to do rage bet and this is not good because this is where most of the big losers have done - the bet with full of emotions and even to the point where they are already risking their properties and lifetime savings. |
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Have an experience in trade or have you done yet ? Try to learn more and more. Otherwise you will be losers. With small amount you will not make enough profit. You should invest huge to best result.
The purpose of starting to trade with a low amount of money is not to make a lot of money, the real purpose is to learn your way around the trading platform and to test your skills as a trader, if after a predetermined amount of trades you come up with a small profit then you can trade with a bigger amount and see how it goes, if you keep getting good results now you can trade with all your bankroll. When were starting we might experience having loses, and that will be part of the progress, better have some other activities or services done where you can also earn while in progress of learning trading. I agree to this - trading is not really that easy as what others who claim that they are guru crypto traders. We should also beqr in our minds that in trading, we will experience losing trades this is very normal that is why when having some losing trades, don't get easily discourage. Last thing is that we need to be patient enough. After having a trade and waiting to hit our target, I agree that you need to find other things to get busy with and do not always watch the chart because it will lead you to get emotional and may affect your pre-planned trades. |
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Volatility is more obvious when you are constantly comparing it to an outside
currency. So when you look at BTC vs. the Euro, it looks pretty wild. And the
Euro looks stable.
BUT, if you compare Euro vs. Dollar, it actually moves quite a bit too. Since the
start of the year, the Euro is up 15% v. the Dollar. But people in the Euro area
don't feel the volatility because they are immersed in it. So the more widespread
BTC becomes, the more the apparent volatility will decrease.
Nice point there mate. The volatility really comes with certain product, instrument, or altcoin that you are comparing with bitcoin. Although I love it most when it is kind of volatile because there is just too much of an opportunity to gain some profit from a very short period of time. Just remember always that you should have pre-planned trading plan before you even make a trade. |
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