I do gamble sometimes for Fun and somehow profit. The fun in gambling is that the excitement that I feel whenever I engage in some betting games, I like the feeling of being nervous and at the same time happy. I don't why but whenever I bet or gamble, I always get that feeling. For profit? Yeah, I guess it's part of gambling we can't take that off.
Of course, that's fun to do, but I tell you it won't be fun when you lose because that's definitely going to eat your bankroll up. I think YOLO can be a great way just to let go and let God take the wheel. If it's for you, it is for you, but it's not better luck next time. Gambling will always be fun at start but the more you have gambling sessions in a day, the more you get frustrated most of the time. Although there are times that you are winning but losing seems more than winning - this is because of the house edge advantage rule.s |
|
|
|
It depends on your entry price, you can sell when in profit, or when you need it. I advocate holding for as long as possible, but yes, one has to sell it all at some point.
There are others, including me, that even before I buy altcoins, I already have set in plan on how much price until I sell it. Basically what I am doing is that, every time I buy altcoins, I will automatically make an open sell position to sell those coins. Yes it is a good plan and I am sure a trader definitely implement such a plan and will not panic when the price goes down because him already believes the price will rise again. That is correct mate. It is just a matter of time and patience - never be affected with emotions and price increase and decrease because everything will settle in its place and will go up and down no matter what - you just have to buy low and sell high. Easier said than done, but it is true. |
|
|
|
I don't believe that Bitcoin can make Banks disappear. They have been around for too long for them to just go away in a few years.
If you think like that, you have to think about many aspects that underlie the possibility of the bank will disappear, if you live in a country that has experienced government revolution, the analogy is bitcoin has great potential to replace economic civilization with a new system. Half the earth population has the mind to manage finances freely, and half prefer to believe in civilization today. The dangerous thing about this government revolution and anarchy is the fact that there is no regulation and there are bigger chances of disorder and chaos. This is not what we really happened. Government are there to maintain the orderliness but if the people behind it are corrupt and do nothing, then that is the start of the problem. |
|
|
|
everytime when i try the viabtc accelerator it says "this transaction doesn't exit" ! any ideas why this is happening ?
Probably because of the low fee? They reject transactions without the minimum fee. Accelerating a bitcoin TX with a credit card payment is the epitome of stupidity.  You can also include paying a larger fee for an acceleration service than a bit higher tx which would have confirmed in less than an 3 blocks to that. Accelerations services make sense only when you're not the (cheap) bastard that sent the money, you're the receiver. This is what we should do - pay more fees when we really wanted the money as soon as possible. This happened to me a year ago when I withdraw .6 bitcoin to use for a very important matter and I never realized that in electrum, the fee setup was too small - so I ended up waiting for it for more than 2 weeks more or less. |
|
|
|
bitcoin trading is one of the best platforms for me, from here anyone can make more money without hassle. but proper knowledge is the major criteria to do well in this section. you have to know its operational activities and how to control and how to manage. if you follow the proper method then it will be helpful for you making money more and more...
In a way it can also be a hassle especially for newer traders seeing their investments take a plunge on a dump. But you're right. Trading, with proper knowledge and timing, is one of the best ways to make money. But you half to take it seriously with all the studies and observation you have to make to come.up with a good trade. I agree with you that it can be a hell of a task for newbies but that's the learning curve they must go through in order to master trading. Everyone at the very beginning made naive decisions and list somehow stupidly but in the end we are all trading with experience now. If they will take the help from any expert then it will be convenient for these newbies. They will be able to work like we people are doing or it is also possible that they get the training form any highly expert person and he start to earn more higher. In other words, it is always better to have an expert coach than figure it out yourself how to earn more money. It is like in the game of basketball, coach are they for a purpose and if there are no coaches, they will not perform well - it is the same with learning ways to earn more money. It's just a learning process that takes experience like anything else. You definitely don't always need to be coached. If you have adequate aptitude to learn and put yourself in a learning environment, you'll eventually go from novice to master. Sure you can get a coach, but what's the coaches personal interest? Need to be able to differentiate someone that wants to help you from someone that wants to help themselves. You got a point. That is why we should always select coaches that are rockstar in our chosen fields because it is just hard to start from scratch to earn more money. Because there will always many trial and errors. |
|
|
|
This is called gambling addiction either you addicted to that particular game or money. So if you really want to come out of this addiction than the best thing is avoid using your computer and try to find some outdoor games which keeps you active than you may slowly lose your interest in online gambling.
Maybe the fact people are keep coming back to gambling is that either they wanna win more, wanna win what he loss or just wanna play for fun. Once you've enter something there is just the feeling of being hard to go out of it and that is what we call addiction. People who've entered gambling has really hard time going out of it. That's the immediate response of people, that they recover their losses maybe from their previous games or something, it's just that they want to get back what they deserve to have but gambling your money, you should accept the faith if you lose, you lose and if you win, you win, that's how simple it is if you think about it. If you can't handle losses, then probably you shouldn't gamble because you know that you are going to be emotional. Chasing loses is a common scenario that do happen on gambling ecosystem on which gamblers do have this kind of mentality after suffering on a defeat on their bets which they would really aim that they might won on the next bet and do somehow to recover loss but sadly most of them do gradually lose even more instead of winning it back which we can say that this kind of motive isnt really good for us when we do play gambling. We are being stupid the moment we will allow that emotion to dictate us in gambling, what we are playing is a mind games where we need to strategies in order to win and since house always have the edge we need to limit the amount we spend. Let's now allow that our lives will be ruin because of our stupidity in gambling, we have to be discipline when gambling to have more fun. If you play gambling just to develop your thinking, then it's better to turn to chess and your eop who will not listen to your wallets. Gambling is a bottomless well that will ruin you very quickly. We all know that the first time we have tried gambling, but still we continue to do it because we thought that gambling is the one that we could make us rich or the way where we could earn easy money that could make us rich, but what we thought wrong, because instead of earning we are just losing money on it, we are just having this false hope that is why we are keep on coming back. It is really a leitimate feeling to hope to get rich and they think the easy route shall be gambling. This is really not a good thinking. We should find more ways that is profitable and in line with what we want. Gambling really is a bad thing to nurture in your system because it will become full blown addiction to gambling. |
|
|
|
It is so true that first the users start to gamble for fun but when they start to lose it then they run after it to recover it and on this process they lose all investment. Then start the addiction and when one point comes that they become totally poor that time they realize it what mistake they have done.
I agree that this is the normal scenario. Then again every player is not like that. Many people do realize their losses in due course before going broke and then they stop themselves. Then they even try to reconcile and try to earn their losses not by gambling but by other legal methods to earn money. Not everyone get addicted but many of them do get addicted and cant stop themselves. They are chasing their previous losses which they hope they can win back again in some other time - that is why they keep on coming back. And once they play regularly, they are forming a habits and those habits become an addiction which has great impact to your family relationship if you will lose a lot overtime |
|
|
|
If you’re a complete newbie to Bitcoin I wouldn’t suggest you to trade right away. It’s better to do some research until you feel that you know enough. The best way to trade with a small amount of Bitcoins is margin trading. But it's a kind of risky. The main idea of margin trading is that you can borrow Bitcoins from a service provider and trade with bigger amount.
hmm.. margin trading is quite very risky most especially to beginners. I would rather stick to exchanges and apply some strategies that you know of. Margin trading may have big profit and also big loses when you don't know what you are doing. |
|
|
|
Ofcourse no because bitcoin has its own descriptive and bank also and yet bitcoin is not a threat to banks that may able to make it disappear because bitcoin is a another way of currency which is digital that can also help in circulating our currency. Bitcoin may not be good at this time yet it is very good in terms of progressions. precisely, banks and also the bitcoin has or desires are different. The Bank was the currency of each State expires on regularity, bitcoin wants to help everyone to perform transactions, financial management is done with a single click or do individually. But it all did have in common, however the bitcoin until whenever will never replace the role of the bank. Because the bank is the most important thing in any Government, if the bank is missing then all order in the Government will be lost That is the reason why we should be very thankful about bitcoin because it us somehow not regulated by the government. This s amidst the fact that thousand of dollars worth of bitcoin are mostly transacted every single minute. |
|
|
|
Which is better?
Depends on how you judge which is better. At trading I do not get the bloodrush I get when I am about to bust but last bet hits. That just felt really good.
I have not experienced the same with trading.
I think that depends on the person, the adrenaline I get when my prediction is right and I win a big trade is enormous, it is better than anything I have experimented on gambling, gambling is entertaining don’t get me wrong but trading is better for me. yes that is right that it is depending on the interest of the people. some time people are interested in bitcoin gambling and therefore they are giving more preference to gambling while othr Each person is unique and have that level of preference and comfort. As long as you are comfortable with either gambling or trading and you are happy with what you are doing and somehow profitable in the process, then stick to it and if it is no longer fun anymore, better stop already. That's why it will depend on the person type of characteristics if you are patient you can do trading because it requires a lot of speculation and seeing that you can provide profit for you, but if you want an instant profit, you should gamble all the way, that's just how it is. That's correct, gambling is a quickie, trading is a process and I often mix the two depending on the kind of situation I find myself in. They are both risky for sure by trading is a slow killer and gambling is a fast killer. But you can always mitigate your risks with bitcoin and another cryptocurrency trading by enhancing your skills to know when to buy and sell based on well-founded analysis and trading skills. |
|
|
|
It depends on your entry price, you can sell when in profit, or when you need it. I advocate holding for as long as possible, but yes, one has to sell it all at some point.
There are others, including me, that even before I buy altcoins, I already have set in plan on how much price until I sell it. Basically what I am doing is that, every time I buy altcoins, I will automatically make an open sell position to sell those coins. |
|
|
|
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
Investing in bitcoins does not bring a steady income; if you have a steady income, you can invest in bitcoin that can help you earn a large income depending on the amount of bitcoin you invest. Well, earning a steady income is different than investment, especially invest on bitcoin that have unstable price. Open a shop in real life using bitcoin as the payment is a good one actually, but you need to encourage people to use bitcoin in your area first. If you can do that, i'm sure you can earn steady income with bitcoin because you don't have any competitor in your area. That's wayyyy more effort to just open up a regular shop. Are you sure that your shop will come booming simply because you're the only one accepting bitcoins? That's just a different currency, AFAIK it's the product that people are after. With your logic, if I start accepting dollars in my shop, people will start falling in line just to buy something from me. This even saves me the time of explaining to them about the currency since everyone knows about dollars. Your idea is absurd. Encouraging people alone to use bitcoins is a lot of effort. You're not even sure if these same people would buy products from you and be a loyal customer. Let's say that your store becomes popular somehow because you accept bitcoins. It's only a matter of time until the neighboring stores start accepting bitcoins. You've got a point there mate. Unless you are offering a good and valuable service to your customers, any form of payments doesn't really matter at all because they will going to fnd ways to but your product or subscribe to your servecice. |
|
|
|
TX fees are fair, BTC isnt a micropayments medium, its digital gold.. 50cents fees for moving wealth across the globe? yeah thats not much
Hit it there bro! There are really people who kept on complaining about the bitcoin fees even if they have transacted thousands worth of dollars in the form of bitcoin. They just don't realized how much who have it cost them if they are transaction with fiat money and its corresponding transaction fees. |
|
|
|
I'm not selling or having some plan to sell because all i do is buying and keeping bitcoins for long term instead of selling and missing opportunity to be rich soon. I don't need to have a plan for selling because based on the things that i read and i feel about bitcoin, it seems that it is perfect for long term which is the best for people who want to be a millionaire.
Actually, I’m not ready to sell my bitcoin and I would rather to hold it than to sell it. I also agree that holding bitcoin will help to become rich someday because I know that the price of bitcoin will increase in the near future. Holding is one the best strategy that you can do if you want to make a good profit. Hoding is best choice for people how more free money and a stable job can take income every months. When holding, need forget that coin and set a target when reach will sell all, working with your job can help you forget that easy  Never forget about your investments. This is a very difficult job and you always need to follow the news and price fluctuations. Thanks to this you can always wisely adjust your investment portfolio Personally, I'm ready to sell my cryptocurrency when I like the price Basically this is an investment. So as a investor you must keep your eyes and ears open. Because the variation of exchange rate/value of the Bitcoin is the most important part foe an investor. Whenever the value of Bitcoin reaches your target value or a handsome rate, the smart investor will sell his Bitcoin in order to gain the profit. We cannot really determine the sweet spot of bitcoin because it somehow increases in an instant and then decreases a little - there is so much volatility which makes it exciting. I prefer to have some percentage of your bitcoin to sell and a big portion to hold because the future of bitcoin seems really bright. |
|
|
|
Yes, transaction fees of bitcoin is reasonable compared to other payment gateways. It is one of the wonderful features from Bitcoin. Why still people are thinking like transaction fees are fair or not. Based on the amount, the transaction fees are varies, it's truth.
People are already having the convenience of using bitcoin and still, some are complaining about the bitcoin fee.. Just imagine how you can transact bitcoin in online transactions with ease and anonymity that alone is great value already and the fee is very little if we come to think of it. |
|
|
|
I am also small investor and also small gainer. firstly I choosed altcoin for trade becouse most of the new altcoin rate pump and I waiting for this chance.
this the way small invevstor can be success.
Indeed, I'm also small investors. In order to success or to gain profit firts is to learn the basic tricks on trading wich is sell high and bu low and try to ask some tips to those people have enough experience on it. I also choose altcoin to trade just because few altcoins are cheap hence, you could buy a lot of and wait for it to pump then sell it. Just repeat the cycle and you'll gain profit even though you have small capital. Be carefull when you want to buy pump and dump coin, you should do some research about coin which you want to buy. If a coin really worth to buy so you can buy but if coin not worth to buy even those coin pump to 50K satoshi, dont buy it. Most of shitcoin pumt only to trap newbie trader In pump and dump coins it is better that a person do only small term trade as the coin of this type can be reduced in price any time. So if anyone want to invest in this type of coin then they have to stay alert of the price of the coin and when they notice that the price of it is decreasing to lose them then they have to sell. It is always risky to trade and especially if you are relying to pump and dump. There is really no guarantee that the coin you are buying will have a pump anytime soon but if wait long enough, it will happen - but there is no 100% guarantee - hence, you are still doing risk. |
|
|
|
bitcoin trading is one of the best platforms for me, from here anyone can make more money without hassle. but proper knowledge is the major criteria to do well in this section. you have to know its operational activities and how to control and how to manage. if you follow the proper method then it will be helpful for you making money more and more...
In a way it can also be a hassle especially for newer traders seeing their investments take a plunge on a dump. But you're right. Trading, with proper knowledge and timing, is one of the best ways to make money. But you half to take it seriously with all the studies and observation you have to make to come.up with a good trade. I agree with you that it can be a hell of a task for newbies but that's the learning curve they must go through in order to master trading. Everyone at the very beginning made naive decisions and list somehow stupidly but in the end we are all trading with experience now. If they will take the help from any expert then it will be convenient for these newbies. They will be able to work like we people are doing or it is also possible that they get the training form any highly expert person and he start to earn more higher. In other words, it is always better to have an expert coach than figure it out yourself how to earn more money. It is like in the game of basketball, coach are they for a purpose and if there are no coaches, they will not perform well - it is the same with learning ways to earn more money. |
|
|
|
Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
In that case, we should remain and stay foot to our original plan. We must not be panic if ever it drops the price so well, stay relax and ease until it will recover the original value or more. agree, i think a hold-strategy and buy small amounts if rates temporary decreases is most profitable on the long term. That's the way of scalping which is really good when you do know on what you are doing. Buying gradually in terms of dips might work or not for sometime because risk is always there we wont really know if it would pump or dump. Emotions is always been part of us when we do make tradings and we cant really avoid it since we are talking about our money here and we don't want it to lose. You are right mate. Trading is really sometimes affected our being. We really tend to be so emotional especially when we are trading big amount of money and the trend is going down. Mastering the art of controlling emotions and stick to the trading plan is the way to go to safeguard us from making lots of mistakes which lead us to sell too early even in a loss. It is not always possible to follow the trading plan. I always watch what happens in the trade and adjust to the situation. Sometimes emotions defeat the mind. Right. If you are just a beginner, I suggest to follow the trading plan and as you learn over time, you will be able to determine how the trend goes and adjust - this is quite advanced skills already. |
|
|
|
Gambling can not make us earn a lot of money. I do not believe that gambling can be a profitable investment for a long time. Gambling is just looking in terms of luck so I'm not sure everyone can get luck all the time.
If we are the casino owner or investor, then gambling can be very profitable for a long term. However, there is no guarantee to earn the same thing when you are just a player or a gambler because the casino owners and investors have a house advantage. |
|
|
|
Which is better?
Depends on how you judge which is better. At trading I do not get the bloodrush I get when I am about to bust but last bet hits. That just felt really good.
I have not experienced the same with trading.
I think that depends on the person, the adrenaline I get when my prediction is right and I win a big trade is enormous, it is better than anything I have experimented on gambling, gambling is entertaining don’t get me wrong but trading is better for me. yes that is right that it is depending on the interest of the people. some time people are interested in bitcoin gambling and therefore they are giving more preference to gambling while othr Each person is unique and have that level of preference and comfort. As long as you are comfortable with either gambling or trading and you are happy with what you are doing and somehow profitable in the process, then stick to it and if it is no longer fun anymore, better stop already. |
|
|
|
|
Show Posts
