Because gambling is one way to satisfy human emotions or passions. Gambling is a very challenging activity for me. I prefer in gambling dice with a 0.01% chance target.
It also often make a person to get more fun and entertainment and while getting that entertainment it also give the opportunity to the players to earn some money as a reward so when these both things come together then they will make a person stick to gambling and we call him as an addictive gambler. It is just like teasing players by few winnings here and there - but the reality is that we usually lose more than win due to the house edge advantage. However, some professional gamblers get away with this by executing some strategies they have in place that they mastered for some time. |
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It doesn't just disappear. I think after a certain period, it returns back to your account
I have not experienced withdrawing bitcoin without a fee but I have several experiences of withdrawing with a very little fee - it took me 2 weeks sometimes before I see the bitcoin withdrawal confirmation but sometimes it just took a few days to a week. I would rather pay big than waiting for that long. |
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The idea we can end up getting profit in the end, compensating all our previous money losses is probably the justification everyone of us gives to himself when gambling, There is a degree of gambling addiction of course in almost anyone gambling but it is a bad hobby IMO.
I agree, everyone that ever gambled once knows this feeling when you lose and you feel that you must gamble more just to win back what you lose and win more, because you feel very bad after you lose your money. Of course this is also sign of first step into addiction, but that is how every new gambler feels. I am a guilty of this feeling as well but I have overcome this long time ago and I really don't have a plan of coming back. I mean, I still gamble sometimes but not coming back to the heavy gambling with full emotions while playing every session. |
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Making money from bitcoin I think it's hard to find a stable income job. The best way to get a stable income is to participate in a signature campaign. In the bitcoin economy, if you are not actively doing anything but still earning money, I think none of that happens. You want to have a steady income you should actively work.
Also, when we diversify not only our investment but also our source of income is a good way to have a stable income. Stable income should not mean fixed income - it should be having money income flow in a stable manner regardless of its amount provided that its amount can cover our expenses and other needs as well. |
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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. |
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if you want make more money in bitcoin, you need to focus in your job in bitcoin industry,.. i suggest if want make more money try to invest in mining,.. based on my research,.. mining make more money but you need to wait a several months...
In mining, just go with the alt coins. Bitcoin mining isn't profitable now and it takes a lot of money if you will just start and the return isn't that reliable. Miners of bitcoin today are making more money because they started earlier and they are now having more than 1 mining farm. I don't think there is a special industry for you to focus in order to get rich. Mostly people can get rich in any industry, the key is if a person knows that industry well he or she could take advantage of it as he/she knows what to do and can learn from it more. On how you say things like "Focus in your job in bitcoin industry" you are assuming that he the op already has a job related to Bitcoin which is a wrong assumption to make their aren't any jobs in the bitcoin industry in the first place. Try looking into creating a business you might end up being rich with it. There are no "special" industry for you to focus, there's no shortcut to success or riches unless you'll hit the jackpot of lottery. All of the way are hard and it's going to take time before you'll nail the taste of success. But if you are good to make more money, having a lot of source will be a good idea and creating a business Being dedicated and focus to our goal is one of the key to success plus the interest to learn new job or works that can be helpful to earn is a good option too. Being able to get rich really requires lots of effort and sometimes sacrifices but know that soon it will all be worth it. Efforts to become rich are needed only to choose the right direction of activity. If you find a business that you like, then you will achieve success. I'm sure that anyone who really wants to achieve success I guess it is not more on how we make more money out of having business - it is more on how we keep and invest more money. Having more money is not an answer to the need of money. We need to have financial IQ and with having that, we will be able to multiply our money. THEREFORE, the answer should be investing on learning to have financial IQ is one of the best ways to earn more money. |
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If someone which follows the set of rules and be discipline enoff. Can people make 50-100 $ a day just gambling in online casino.....?
I don't think it is profitable for a long time as gambling profits depend on so many things such as luck, skills, experiences, etc. You can not guarentee that you can keep earning profits by gambling all the time. When the game is based on pure luck like slot machines, there is no way to say that we can profit from playing it in the long term. However, games like poker, where the most skilled player tends to win more than he/she loses, long term playing and mastering the skill of poker can be profitable overtime. |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
Bitcoins never go into space. You will either get the transaction returned or it will be included in a block. But safer to include at least the minimum fee, so it would only be a matter of time and the transaction would be confirmed. Miners are actually business people and they are rendering some vital services, so they deserve to make some profit, only their charges are now becoming outrageous and people are beginning to complain. Mining bitcoin is a serious business and when we say a serious business, it means that it needs a big capital to start the business and maintaining the business. That is why it is just proper to compensate miners well because without them, integrity of bitcoin transactions would be at stake. |
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Doing a trade that can be very profitable must be based on a more mature knowledge so that from the trade we can manage it properly and correctly, We can apply the trade in the form of online and offline so that the benefits will be greater if we can do both things.
Trade can be very profitable if you have got the trading skills and knowledge to the ins and outs of cryptocurrency trading. This is not like your typical stock or forex trading because it is not quite regulated hence, you will expect that there will be some pump here and there - but knowing all of this, you can actually capitalize on that knowledge in order to have winning trades. |
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Gambling is addicting because of so many factors. One that influenced people is that winning money is like contagious. Even if you are not the one that wins it, you feel how happy to have that large sum of money, you want to make it happen to you too. Gambling is addicting to what amount of money you could get. If you are longing for money then it will always be addicting because gambling is a chance to win this.
Gambling just gets to the very end of our emotions and it really touches your being that you will want to gamble more and more. That emotion is where casino owners are capitalizing with. That is why, if you are not planning to become a professional gambler, you better play only money that you can afford to lose and just for fun, period. |
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in gambling so needed something tricks in order to achieved the goal to gain a big advantage when you play a gamble, but if you stop in the gambling at the moment just right will certainly be beneficial for you in the long run. by the way you have to know when you want to lose should immediately stop the game gambling  its harder to say that you can or we can do that in the right time as we knew gambling is really addicting activity and you almost forget time and your plan strategies when you are still in a winning part then suddenly got overlooked and loses so better to practice this before planning to go in a long term goal. That is why the more emotional you are in your gambling session, the more likely that you are going to lose because you are no longer following your game plan. Hence, we should only follow strategies that we believe works and do them strictly without even questioning it so that you can really test if you will going to make profit. |
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In order to increase your income you need to have enough knowledge and then you need to practice a lot to consolidate your knowledge in practice and achieve success. This is not an gambling game and, first of all, it is necessary to analyze it well.
You need to find a proven system and when you find one, innovate and customize it according to what works for you. When you have it mastered, then that is the best time to rinse and repeat - creating more businesses and earning more profits. |
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Bitcoin is the new payment technology but, it will don't make banks disappear. In the coming days, banks will understand the usage, advantages and technology of Bitcoin and implement in various payment methods.
I agree with you, that will be the possible scenario for bitcoin and also the banks because if the banks will realized that bitcoin is worth it then there is no reason to not adopt it as a good payment method for their banks deposit and also for withdrawals and acting as an exchange for bitcoin to fiat or vice versa. Banks will adjust because they can't stop bitcoin because it is decentralized currency. Whether we like it or not, banks are there for profit. And if there are more additional profits they can get from incorporating bitcoin services into their business, then there is really no reason for stopping that. I believe that they are just keenly watching and observing how this new bitcoin phenomenon and it is just a matter of time that they will soon adopt it. |
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When do you decide to sell?
Is it a sat, a % of profit, or even a randomly thought up number in your head?
I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage.
This seems much easier to hit that percentage, but much more risky.
How do you determine when to let it go?
At the moment, I am trying a system which is working quite well for me - I go for just 3% profit and just rinse and repeat as much as I could. What I do is go find altcoins that are going down for the day. Buy when it is really low or when you can see obvious drop of price and then make an automatic sell with just aiming for 3% profit. |
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How does one Put down Gambling for good?
I think it depends on how addicted you are. If you're not very addicted, it does not matter that much. But if you're truly addicted, you should seek help from professional therapists. It takes determination and perseverance to quit something you're addicted in. It also requires motivation. Imagine the amount of money you would save by not gambling. Actually it is really hard even if you aren't addicted that much. I loved gambling (and still do) but there were time when i couldn't afford losing in gambling so i had to stop for a while, and it was really hard. I didn't get post gambking depression and i didn't lose everything,but i still thinked about gambling really often. there is always a time something crossed in your mind that ask you to really stop gambling. that time is when you have got bad experiences , a huge losing and you feel really regret about what you've done. just keep remember that moment and you might won't get back to gamble. That is so true mate. This is what we called an inner voice. That inner voince is usually right and may guide us in big decisions we made in our life and entire carrer. |
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Gambling is so addicting because of the money that you can have if you win, the urge of playing it everyday to make money is the one that makes you addicted to gambling.
You are right mate, you are simply right. When you get to make it in a pont that you are playing almost all of the time, then beware because at anytime soon, you will become addicted to it and it is a bad thing. really a bad thing. It's all about self-learning, and you would want that all the time was knowing that you have experienced it once, probably you wanted to repeat it, and you will try to continue it until you hit it and once you have done that, your bankroll would be over. Don't expect people to help you because they only care about themselves, except if they are family. When you have experienced some skills obtained, you will most likely get to earn more by excuting some succesful trades out there. |
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Faucet playing has really no challenge at all and it is not also our property so it is not worth it and it will most likely will going to lose at any given time during your gambling sessions.
It is not challenging because the amount is very small, aside from that it is not your own money therefore you dont really feel anything even if you ended up spending everything. In the end you are going to just feel that it is just a kind of game token that you can keep on getting whenever you have run out of it You are correct mate. There is really no sense of personal ownership with faucet and therefore you can't just question that all of your earnings from faucet will all gone in an instant because in the first place, you just got it for free. There is no entertainment we get in faucet gambling. This only helps for beginners. They don't know how to play gambling right so they can get some experience with this faucet money. But this will not give more fun to experience players. Actually, the experience people will not like this faucet gambling. People do not take seriously with playing free money. If they want to become a pro in gambling, they must play with real money. That is true. Faucet are designed to be able to get the feel and knowldge as to how to play the game in any onine casinos. There is really no need to shell out more money just to test these online casino games, you can test it with the use of faucet. It's somewhat a trial for people, the faucet stuff because they get to experience gambling without any real risk because they are not using any money or didn't even deposit something. If you think about it, it's just going to make you want to play more and that's how they get their players. That's their motive and I think it is working for them because there are a lot of people gambling. That is true. It is just like a foretaste of an icing on a cake - it will make you want more after using that faucet. Better invest and play with your own money. |
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So i was thinking if i send a bitcoin transaction without the miner fee or a very low fee what will happen ? would i get the coins back eventually ? or they will just stuck there forever ! and if that happened how to do that double spend ?
It's, sometime, called Double spend. the bad news for you is that minners will ignore your transactions, they won't be confirmed. The "good" news for you is that you can cheat that Bitcoin because you can tell people that you signed the transactions but it is not and will not be confirmed. Aside from that, you will also get to have much delay in accessing your coins. This is really a sad part. It may really take time before your money is give back to you again after a failed transactions. |
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Everyone wanted higher bitcoin price and we achieved this but another problem become transaction fees. When bitcoin's price was low, we had to pay also low fee and now when it rised, we have to pay high fee in bitcoins and plus that high fee is more higher with current price. Is this fair? The higher the price, the more money miners have with bitcoin exchange.
To my mind when price becomes high, we have to pay low fee and when it becomes low, than fee has to be high. To my mind it had to be done like this from the begining.
Yes, that is true. The bitcoin price in the market is increasing, I think accompanied by the bitcoin fee also increased. This can be called fair. You will benefit when paying large amounts of bitcoin,But when paying small amounts, the fee may be higher than the transaction value. When we do make micro transactions then fees would really hurt a lot since we do know its high already and making small transfers wont really be worth it at all because it will be just eaten up by fees but comparing the amount fee in the past i can say that the fee as of the current lowers down again compared to 0.0015 in the past which is really insane but now its backs to 0.0004 average You are correct mate and I suggest that you only cashout at least a minimum of .1 btc is the way to go so that you will still get some descent amount of coins even with some fees of their services out there. |
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I know a good gambler who can gamble "like a businessman" taking care of his winnings and able to control his losses. I do envy him sometimes but he did discouraged me from being a gambler.
Don't look upon the discouragement. You know yourself better, if you can have a great fortune in gambling, take it or leave. If you leave it, just shift in investments. And as in crypto days, there's a lot of choice for you to invest, just avoid those scam investments and choose the reliable ones. Hmmm, it's luck is the most widely thought of by everyone. But you need to know, is actually someone who is getting a big advantage in gambling are those who play the best possible way. The best thing here is very broad, but one of the most frequently performed of people who get a lot of advantages in gambling is playing a very measurable way. Their plotting everything well and do a research it well, after that they get a pretty good formula for profit. Self control is also very important Make sense though. For me, having any strategies and stick to it is better than having no strategy at all and you just randomly gamble and before you know it, all of your backroll are already gone. That's true, it's better to have strategies and sometimes you could look it up and research some effective moves like modified martingale or what not. Sometimes I create my own but gambling requires a lot of money and probably you are just going to lose in the long run. I agree with you that it's better to have a strategy instead of some random gambling. You are right mate. I can really sense that you are heavy with gambling and you are now a professional gambler and is earning constanty. I know there people out there who made a iving through gambling but they are really quite a few and exceptional. |
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