The main reason is addiction. It haunts you to keep coming back for more. That's the effect of addiction to you. I think your mindset is also all about winning in gambling. In this way you keep coming back because you really thought about winning in this thing. And there's a thought or maybe a mindset also like in games, if you didn't win you keep challenging yourself and pursue to win in a game same goes in gambling.
When you are addicted to gambling, you will play or gamble regularly and most of the time. Each gamblers reasons may vary from one another like greed, chasing previous losses, fun, entertainment, and the like. |
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Steady income is possible if you have steady job or skill. Offer people some services and seek payment in btc, it is simple. Like any micro task worker does. He completes offers or jobs and get paid for that. If you have any shop (online or offline) you can trade for btc too. my friend works for web hosting company and he seeks payment in btc, not in fiats. I think stable income is possible if you really want to earn .
If you have that skills with you and you continue honing it so it updates as technology update from time to time, you will never run out of clients and money. Yes, we can arrange for our clients that the mode of payment of our services shall be in bitcoin. |
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All the same, you will be in the red, all gambling is aimed at luring and complete devastation of the client. As though did not play, what strategy did not choose, the main thing odn-to stop in time.
Not all games and not all of the time. What I meant is that, there are games that require skills and luck - the parameter usually is that the more you are skilled, the more likely that you will be going to learn. Pure luck based games will not devastated all of the players/gamblers all the time - there are some time to feel some winning bets but not as many as your losses due to the house edge advantage. |
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My reason for gambling is because its enjoying, that is for me the only reason to be honest, I really like gambling a lot and its the only reason for me.
Some of us really enjoys playing gambling and we all know that it is also risky if you don't know how to handle the situation. If you are mature enough you will understand what I mean, because for me once you are a beginner it is easy for you to hooked in this kind of game. Absolutely, gambling offer for fun and ofcourse it's a risks because there is involved money. In gambling you will enjoy every minute of playing when you experience of winning. And if losing the game you are totally hooked, thus the best reason to gamble is for fun and taking profit. That is true there mate. Gambling should only be viewed and played for fun and entertainment and when you get lucky and win some good money, better take that profit right away and never gets greedy because you will have the potential of getting lose that profit if you keep on playing. |
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I do not like slot machines, you just press button and slot make some spins and stop, so where is the fun? Some slots are so colorful that I feel dizziness after looking at it for more then a minute.
That is not good for your mind, slot machines, you do not use your brain cells in quality way, you just press and press button for more spins. I can not imagine what kind of strategy you can apply
on slot machines?
There are much better gambling games, where you actually use your brain and you need to have skills if you wish to win. I respect everyone`s choices, I just expressed my opinion about slots.
You are right the slot games are not more entertaining after playing few minutes we will get bored. But many players will like this game. Why because it is easy to play and if we have the luck we can make a big profit in just a few minutes. It is just spin and stops game but some people will enjoy this method, and they like to play this type of games. I will play slot games very rarely. Slot games are really based on pure luck - if we are after profit, we rarely get it with slot games because of the house edge and there is no way for us to really input some skills on the game. Although we can setup some betting percentage and all that, it is still not enough and the odds will always be against us. Better play it just for fun and entertainment with no intention of profiting. |
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My personal thinking said that, bank will not disappear.because of that,everyone don't know about bitcoin but they know about bank very well.in this reason, the users of bank is more than the users of bitcoin. so, bitcoin can't make banks disappear.
Do you remember in history, we use coin gold, silver, bronze before use paper money like now? Ok, if you know that, you also understand in someday Bitcoin can pass FIAT and replace paper money if the growth of Bitcoin cannot stop. maybe banks will disappear if banks can not make new innovations to compete with bitcoin or maybe banks will integrate with blockchain technology so banks and bitcoin can work together. there are many possibility that will be happen in future as we don't know what will happen in future and i think right now, it is better for us to use our time to prepare ourselves to face the future. Could not agree more. The way to prepare for the future is to have some bitcoin savings that you will not touch as long as you can and only withdraw certain percentage that you really need. This savings shall not form part of your other investment like bankroll in your trading and ico investing. |
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You need to set yourself a limit on the amount that you can safely lose and you can enjoy the game process without fear that all means will be lost and will not have to live on.
This is the best way to gamble. It keeps you safe from great losses and you can also be lucky to hit upon a victory. Also, you are enjoying the idle time (considering you have). Limits are important for survival. Anyways, I keep these things in mind when I gamble and I don't have to regret for my losses. Without a limiit you will always bust if you don't stop. This is the reason for the house edge. The casino must profit for the long and lucky players can profit off the short run. You also try be as calm as possible even though it is very hard and take some time to think of each bet amount you wage per bet. Have some sort of system. Take your time and be careful. Never spend what you can't afford to lose and you will be fine. Excess of anything is fatal. Even free birds have limits. In order to survive, we must set certain boundaries for ourselves. Gambling is perhaps a sort of game that can convert someone's life into a complete hell if he shows carelessness in his acts. Keep Calm and Put Limits! This is so true. Try to search on youtube some gamblers who made their lives miserable - losing all of their properties and savings and even losing their partners in life because of the addiction - Just play for fun and only with money that you can afford to lose. |
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The simple reason must be the human nature. All human usually temp to all attractive things. The most entertaining thing which also provide the promise of getting rich in quick period must attract any common man which may end in addiction too.
Well said. Gambling becomes addiction just due to the fact that of it's easy money making method. We are looking for money making idea when it comes with the flavor of easy task then many people do not want to leave off it. That is the reason they are sticking with gambling and getting addiction to it. In gambling this is the place where gambler thinking they can make a lot of money in easiest way here. But they are absolutely wrong, because gambling is pushing or input something to the mind of the player to depend on luck even they use skills it will be still majority depend on luck without hesitation even they know its too risky. Online casinos are earning when players are getting too emotional - because when a person is too emotional already he has a tendency to rage betting and never realized that it is the house edge advantage is at play. When you are not emotional, you can stop betting and take a breath vs rage betting. They are more that on the volume of bettors than individual size of bets, when the volume is increasing that means more people are loving to play the casinos because they are satisfied and they are getting the entertainment. It's addicting for few gamblers and especially those who are gambling with luck of money as they might be desperate of winning and forget about the fun. I see.. Make sense that they are after for the volume and gauge the likelihood of bettors to come back again. This is true with betking before where sharks or gamblers that bet with big numbers are going and betting -they kept coming because they love how much they can bet and can potentially earn. |
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the easiest I think is to have a % in mind and never look back; but if you can predict where the market is going then you're in for some serious profit.
You are right mate, you should have a fixed and pre-planned target % before you even make a trade - this is ideal because it removes the emotional aspects in trading most especially if the price goes down or goes up. You just got to set a certain target gain, open a sell position of the said gain and logout and only check it every couple of hours so you won't get affected emotionally of the price volatility. |
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To start trading, you need to find an exchange first. It is easy to find one. I like to use Bittrex as the interface is simple. But the graphic for the price is a little slow to change.
After that, you have to learn how to look at the graphics. And you have to think to when you have to go in or out. It is not simple, but at start only play a small amount. It is good to practice a little before investing more.
I am still a beginner at trading. It is not easy to get profits.
beginners do have to invest a little before starting more investments. as well as the training pattern, as well as the initial knowledge in starting trading. by using a little capital value, certainly the risk is also not too big. so, although the loss in trading is not too much to lose. And make it sure that even with little amount of capital, you must do your best and learn as much as you can in every trade you make - like, try to check your emotion when the price goes down and your greed when the price goes up - you must control these emotions because it is vital for your trading success |
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The simple reason must be the human nature. All human usually temp to all attractive things. The most entertaining thing which also provide the promise of getting rich in quick period must attract any common man which may end in addiction too.
Well said. Gambling becomes addiction just due to the fact that of it's easy money making method. We are looking for money making idea when it comes with the flavor of easy task then many people do not want to leave off it. That is the reason they are sticking with gambling and getting addiction to it. In gambling this is the place where gambler thinking they can make a lot of money in easiest way here. But they are absolutely wrong, because gambling is pushing or input something to the mind of the player to depend on luck even they use skills it will be still majority depend on luck without hesitation even they know its too risky. Online casinos are earning when players are getting too emotional - because when a person is too emotional already he has a tendency to rage betting and never realized that it is the house edge advantage is at play. When you are not emotional, you can stop betting and take a breath vs rage betting. |
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Trading is different from gambling trading is based on 50% skills and 50% luck and gambling is purely based on luck.if you talk about profit then gambling can make you rich overnight provided you are lucky enough and trading can make sure you have reasonable and consistent profits provided you have skills and patience.Both have their pros and cons and if i have to choose one over the other i would go for trading less risky then gambling my coins away.  beside gambling can make you rich overnight, we have high risk too and chance to losing our money if we are not lucky. but in trading, once we are loss in value when the price is down, we still have a chance to make profit in the other day. the only thing that we need in trading is patience to wait until the price is rise again. Just to add, in gambling once your money is staked, theres only 2 results, you win or you lose, not sure if there's something like a draw, but in trading if you see that you are already losing 20% of your invested money, you can take it back and save the remaining and look for other opportunity to recover your loss. So true in gambling there is only two result that we can't change unlike in comparison into gambling there are many possibilities to earn in sone percentage and to lose but we can do cut losses to minimize our loss and get back it on other coins. agree with both of you but for people which want to enjoy the games, i think they will no problem to get win or loss because they only want to playing the game without thinking the result. i realize that in trading no matter how much we are lose, we can take our money back with patience but if we can not patience, then the last option is cut loss and just hope that we can recover our loss in another chance. Trading and gambling are both unpredictable they are both depending on that "right time" which we can't never tell, in gambling we can't tell when we can win even how much we analyze it, If that moment is meant for us then we can eventually win while in trading same thing goes where waiting for such value to rise or fall depending if we gonna buy it or sell, it also defends whether we grab that chance or we missed it. With trading, we can target and wait when that target hit before we either buy and sell and in the process earn - we do not lose even if the price is going down unless we sell it at a price lower than we bought it. In gambling, you can lose in any seconds if you are unlucky!  |
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Gambling can not be profitable, because it's entertainment. They are created for profit only to their owners, but not for ordinary players. The chances of being rich playing are reduced to zero.
poker can be profitable because it is inherently a different game; the of fundamental difference that changes this fact is that poker is player vs player, instead of vs the house. do some reading, it can and is profitable with skill and experience. Being aware of the situation does not change the fact there is a house edge but at the same time gives you a dose of reality, people that understand this fact are less likely to fall prey of gambling addiction because they know that there is no way to win on the long term.
People will only be aware that they are not really going to win. In the end we should treat it as entertainment , that is why even when we lose we wont really feel anything at all . Sometimes when people say that they play for fun, they use high amount which makes them stress when they lose all that money continuing off what I wrote above, gambling is the furthest thing from entertainment for these professionals; it's serious work in their minds. it's their source of income. might be different for some others, but last time I checked, work isn't exactly fun.  For those professional gamblers, the game is not really just for fun but a work and a business at the same time - both needs a serious and focus execution of efforts to get the desired results which is the target gain in every single day. |
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Basically, Gambling had been created for the purpose of entertainment. at the early age, people spent their leisure time and passing the idle time by gambling. but nowadays, gambling has been considered as the most profitable profession for the lucky guys. but not all the people have been gained through this gambling.
for me, gambling only should be considered for the funny and mental refreshment purpose. I prefer gambling for only during my leisure time and in terms of passing a good time. here profit is not my concern.
That's should be take into consideration, gambling is not made for us to gain profit. It's more for enjoyment. When we win,consider it as a bonus or reward given to us by the casino. Well that's what only I keep in mind whenever I lose before in gambling too much. If each gamblers take it this way, we should never or just seldom see gambling addicts that loses a lot of money more than they can afford to lose. This way, we will see majority of happy gamblers and seldom disappointed players. |
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Before you could start trading in a very small amount you have to read and understand the world of trading. In simple reading this forum you can get information and insights the best practices in trading. For a small amount you can start trading on Alt Coins but of course there are risks in trading. What you can do is study first the currency and if you think it has a good potential then go for it.
First get the knowledge of how to trade better. If you will have enough knowledge of how to doing it good and you know the techniques of making big profit yielding then there will the time for you to start practicing with small investments. And for the newbie small investments are better as you will better know the profits and losses, how they happen. although knowledge about trading is too much important but still you also depending on the amount you are going to invest, if you are investing a good amount of money then the winning chances of money is also increasing. It is not about the amount of money that will depend on winning because it is all about the knowledge and experience so you can win in trading. If you are not educated about trading then even you have a lot of money to use for capital then you cannot make it and make money in trading because you will make a lot of mistakes that will lead for getting bankrupt. Yes! You can learn well from your mistakes and trading definitely needs knowledge plus experience for being successful in trading. Investing small amounts in trading can teach you best strategies. Small amounts do not offer much risk and we can learn well to trade successfully at different exchanges. Just always remember to remember and learn as you go - when you are not learning with your trades, your small amount of bankroll is of no use. Once you find your comfortable strategy, then you can slowly add your bankroll and when you have already some good amount of capital, that is good time to earn good gains. |
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Looking at it critically, bitcoin fees aren’t too cheap, but they are better at least than other payment processors. The only thing that should bother you is the speed at which it is being transferred. If you’re paying a low miners fee for transactions then its going to be slow.
A fair view of the Bitcoin fees. The beauty with bitcoin transaction fees is that we can decide how much are we willing to fee for the transaction and if we are not that on a hurry, we can just pay for a little transaction fee while if we want the sending to be fast, then we can set it to higher fee. |
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First of all you need a strategy.
If you don't have one - you are a gambler, not a trader.
That’s I the point one must know about trading. You must have strategy that will be guiding you in all times. You have to sell when you know that you will get enough profit margin. Don’t be greedy and wait for a long up, often that will end up in sleep fall and you get nothing. So strategical trading will be yielding profit else like said that will only be gambling. Trading should be limited to a short term and holding it too long can be dangerous as you may miss the right time to sell and make profits so whenever you see price exceeding your entry price then without waiting longer you should sell your coins and collect the profits as you can again buy it when price goes down in future. It really depends on the trader if he will sell it for short term or if he will sell it for long term. There is a lot of kind of traders so it is not always short term and there are still traders that prefer long term trading so they can earn more money so they cannot miss the opportunity to sell at the moon and not on a launching of the rocket. Yes, the selection of time for selling off coins is totally dependent on trader. If the trader wants huge profits, he/she is going to go for long term trading that too with bitcoins. But if one wants immediate profits, he/she will go for short term trading that too with altcoins. It is true and really depends of individual preferences as to the strategy of trading - whether long or short trades. I really love doing short trades like having a goal of jsut 2-3% per trade - yes, it is very little amount but I love the feeling of having many small wins compared to stressing myself in holding for long and see lots of reds around the chart |
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I think no, with my own view the Bank has bigger part of digital currencies since some people were earning already then hey converted BTC to local currency then take it from any ATMs.
Of course, of the total number of users only few are really holding bitcoins, traders who do day trades usually cash out their profit. In short they are only using bitcoin as a tool to make money and at the end of the day they'll cash it out. With having many traders, it will still add to the bitcoin industry and makes it popular among any form of investment as well - although yes, it is true that most of the traders do cashout from time to time but I guess they also know the value of bitcoin and is holding some of coins on their wallet apart from their bankroll in trading platforms. |
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Being aware of the situation does not change the fact there is a house edge but at the same time gives you a dose of reality, people that understand this fact are less likely to fall prey of gambling addiction because they know that there is no way to win on the long term.
People will only be aware that they are not really going to win. In the end we should treat it as entertainment , that is why even when we lose we wont really feel anything at all . Sometimes when people say that they play for fun, they use high amount which makes them stress when they lose all that money That's not fun anymore because the fact that we are likely to lose in the long run we might not last or worst we go bankrupt. Gambling is a game of chance and you are required to put money in every play you make therefore it's risky and you have to know how big the risk you are taking, if you want to succeed in the long run you have to choose your game which you have an advantage but always gamble what you can afford to lose. The only thing that i can think off on sustaining on longer runs or long term plays is on those games which do require experience and knowledge,skills. Like on card games or even on sports betting we do really have the chance to make money on long term if we are really good at it,specially on our analysis comes together with experience and specially luck would really be there. Sports betting would be a good example I guess because it's more fun than online poker. People love to play online now because it's more easier and I don't fully trust an online poker game but with sports betting you can see the games live. That is true mate. I for one is an avid fun of sports betting but I have some friends who really love playing poker above anything else and the other friend of mine is really into dice game and he is doing well in the high rollers.. I guess it is really where we are so happy and comfortable though. |
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Gambling is wrong, when you can't control your settings that are higer than you cqn effort to loose. Unfortunately many people become ill by gambling. If you are able to stop gambling intime it can bring much fun.
I dont think that stopping while we were playing is going to be much more fun. We can still have fun depends on our motive. Sometimes when we dont really think about getting profit than that means we are going to have as much fun as possible. We need to realize that we cant win so that the only way is to play for fun When our intention of playing is not about profit and we are ok to lose a certain amount of money in exchange of having fun, then we are good at gambling that time. We just need to guard our emotions because sometimes, it is so tempting to bet more |
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