If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Not only is Bitcoin regarded as a rare commodity, in my country the reason Bitcoin has not been promulgated allows it to appear because its price is fluctuating more than gold and it can be harmful to the economy of the country .. Bitcoin was designed not to be regulated by any government of any countries in the world - it stands by itself making it a great revolutionary invention and thus many people are loving it and are investing to it. |
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No. bitcoin will never make banks disappear because government own the banks. Some governments are even banning bitcoin in their countries to avoid competition. Perhaps, in the future some cryptocurrency, an altcoin will do.
The beauty of cryptocurrenciy compared to fiat money is that when you have plenty of money deposited to both bitcoin wallet and with your fiat bank, many people including the government would know in the latter but not that much in the former. |
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I put the paper that I wrote "calm down" on the pc's monitor.
By doing so, you can suppress relative emotions.
It is just but human nature to be worried and if we based our trades or bets with emotions, there is more chances that the outcome will be dependent of how you react to it emotionally. However, if you just follow with your pre-planned strategies, you relieve your self from the stress because you are eliminating the emotion part that way. |
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BTC has a lot of plans for the future, because you have invested thousands of dollars, you will be in the thought of normal, but BTC is still in a very good position. Bitcoin, you can easily earn a good income with these coins, this bitcoin is very good in future Have there.
You are correct mate. Just imagine for a while, there are many people that prefer cashless way of transacting with their daily purchases and with bitcoin it can also be done while having a chance of investing it in order for it to grow. |
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Trading is better than gambling.
You can say that if you are a trader and you can prove to it that you are earning well with it. But if you gamble for so long and you have won a lot of times and you did saved tons of money with your gambling profit, you won't say that instead you'll say than gambling is better than trading. You can prefer what you want to prefer as it's your choice. I'll stick to both of it, I'll trade while I gamble when I have spare time. Trading can be more profitable and less risk than gambling but gambling can also be a good source of income as long as the games is not based on pure luck and needs some good skills and knowledge in order for the player to have more chances of winning - samples of these games are poker and sportsbetting. |
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I think people get the addicted because of the profit that gambling could bring to us. It's really easy money and fast.
Gambling is addicting normally even the main reason is profit or entertain we do have our own taste of satisfaction. Most of us are satisfied with earning that much and others are liking the way their lives are depending to gambling and others are making it as their business. It differs from person to another - even twins are not the same in terms of emotions and intellect. After all, as long as the person is not harming us, let that person do whatever he/she wants and we shall not critize. |
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If gambling isn't introduced , there will be no more crimes on this world because the greedy of people won't show up ?
I'm not so sure about that mate. Greed is exactly why the human race is messed up, but this greed isn't solely or only attributable to gambling. Gambler's and non gamblers alike are equally greedy and gambling is not a sort of precursor to crime, neither can abolishing gambling guarantee reduction in crime rates. Also gambling comes in many forms, playing the lottery, getting involved in crypto and alot of other activities are a sort of gamble, we can't simply stop all those things in the hope that crime will stop as a result. Couldn't agree more! "Money is the root of all evil" People do crazy things to make money. It really isn't good the lengths people will go to in doing illegal acts just for money. It isn't right. People are Human. You can't do something wrong to another person and expect that the "reward" will be of benefit to you. Nope. IT will only serve to increase your suffering in this world! I would like to qualify your word that money is the root of all evil.. Yes it can especially if you tend to love money with all of your heart sacrificing the welfare of your family. However, we really need moeny - it is not bad if we use it for charity and feed our family with it. |
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You can have profit in bitcoin rather than gold. Much safer if we can use bitcoin as we said . Bitcoin is cant be stolen from you. The value of the bitcoin is increasing while on gold the value of its still the same. Bitcoin can get a lot more money. But it cant replace to gold. Gold is famous other than bitcoin.
Both (bitcoin and gold) are really a good investment but the latter needs some long term investing compared to the former where anyone could have a fast increase of its value and become instant rich in the process  |
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Well its an amazing result into the tradying system,making a bot sounds good let me know when some trial version ready to test.I dont know why but these month the market is hot but volatility is very low raising the risks into any coin Trading bots are not a panacea. If you can't earn by hand, bots will only magnify your losses. They can make life easier, but they still can't think for you... Following the trading is not an easy thing to master and experts in the field of trading, because it is very risky if not experts in the field of trading. learn first mastered well to produce maximum results, hopefully you succeed and successful in dealing with trading. Trading is really not an easy job. It needs a lot of emotional toughness, best trading strategies, and a dose of patience. It is not that easy to trade cryptocurrencies - it needs to have a good foundation of cryptocurrency trading. |
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I think that it is with a small amount and you need to start trading on the exchange of crypto-currencies. Because in the beginning there will be a lot of mistakes and if you start with a large amount, you can lose a lot. But when you have already learned how to trade - then you can already trade in large amounts.
You are correct mate and I agree with you that there can be lots of errors along the way when you are still learning how to properly, effectively, and profitably trade cryptocurrencies - heck, even experts have still shares of their mistakes - meaning, the learning process is long and can be a way of life if you want it badly. |
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In my opinion, there is no fairness exist in the gambling because most of the bettors are loss.
In my opinion, Invest will always be better than gambling. It is clear why many people think gambling is wrong and nobody thinks investing is wrong. The risk of losing money quickly, the risk of addiction into consideration why gambling can not be better than investing. I agree with you, and I didn't understand why the op added gambling into his choices, maybe deep inside he really wanted to use it to gamble? Because if you really wanted to make that amount grow you wouldn't consider gambling as a choice. In fairness though, there are gambling games that are ok to play with for as long as you are skillful and knowledgeable enough of the game. Like for example: poker and sportsbetting games are bes examples of games that are not just based on pure luck. |
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My biggest regret about bitcoin is, that im late to know about it, im late how to use it. But its fine, i know bitcoin still can help me to reach my goals for my family. Its not too late for it 😄
You are correct - we should at all times be positive with our outlook in life and just come to think of it, you are not alone! lol. In my part and others like me, it is more regretful because even though we have learned bitcoin for awhile, we waisted it on our time and if we just hold it, we are really very rich now - I can lost 3 btc in a day back in the time |
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Bitcoin will not end because there are many people who are holding bitcoin and is waiting for the bitcoins price to go up.
There are two possible event that might happen if this belief persist, one is that holding too much can lead to greater loss because technology evolves, bitcoin might be affected of this new technology and many investors will sell their bitcoin and buy this new technology. Second is that no one will use bitcoin's services because of its price, it may not available because the price for a transaction is too high than what is sent. That is true - but for me, while bitcoins is still good and hot, I will just keep on holding and accumulating and maybe in the future, there will be some changes as to its transaction fees but really I would not use bitcoin for small errands that I can purchase with my fiat money though. |
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Bitcoin has become the currency of choice for cybercriminals. Its distinctive characteristics of decentralisation and pseudo-anonymity are also attractive to criminal actors in general, and yet Bitcoin has been assessed as representing only a low money laundering risk. In many respects, cryptocurrencies are still viewed as an unfamiliar, marginal phenomenon restricted to the purview of specialists. This article seeks: to demystify the Bitcoin concept; to demonstrate that, far from being low-risk, Bitcoin constitutes a substantial danger in terms of criminal enterprise; and to promote the case for greater awareness among criminal justice professionals and law enforcement officers in particular.
You have the point there mate that criminals may feel very interested and maybe are currently using bitcoin because of the bitcoin functionality of anonymity compared to transacting with your regular fiat money. |
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Well, I never drink while gambling. Once I lost 2k only because I was drunk. Also, never search for btc casinos. Actually, I have spent 5 bitcoins when course was 1k $. Today 5 btc costs a lot of money))) and if you want to know a 100% way of winning - you never find it. I get you. It is crazy how something which was worth $1K is now worth more than $30K. You said never search for btc casinos, look at my theory - if you gambled in brick and mortar casino and lost 1000$, you could have invested that money in bitcoins and you would have $30K, it really doesn't matter where and with what, if you understand what I mean  When you are playing on a game that is based on pure luck, you have really little chances of winning it because of the house edge advantage. However, if you are playing to games that may involved skills like sports betting and poker, then you are good. |
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Well, a downside of bitcoin being decentralize. And also probably the main reason why some other countries ban bitcoin. This may also the reason where bitcoin value goes up and sometimes goes down. By that reason bitcoin needs to be regulated by government for it to be monitored where bitcoin will be in good use. I do not know something about fiat but I do know somehow of it. Well, most of the people prefer more to bitcoin than fiat is because bitcoin value is pretty more higher than fiat, bitcoin is not as complicated than fiat I guess. And they do not know something about fiat well they may know few things about it better than bitcoin I guess.
fiat is your current money that you are holding right now. Regarding the government regulations, well, bitcoin was made to be a revolutionary against the current fiat money and is a good alternative to do online transactions without any government interventions. |
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Even if they heard or seen it in internet but if they do not know what is bitcoin for so probably people will not be interested. Therefore the better thing to do if people want to know how bitcoin works tell them all you know about bitcoin because bitcoin surely will grow and became so popular and beside if they know it can be a source of income they become more interested to earn it.
With the current buzz in the market about the bitcoin, there is really a big chance that many more people are coming in no matter what their skill and knowledge level in terms of the concept of bitcoin. |
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Usually i sell my coins at 30% increase and then i'm waiting for dip. If no dips occur i buy another coin. this method applies to coins which i trade speculatively.
I have other coins on long term hold put on private wallets not exchanges
Hold and accumulate more is one of my effective strategies so far in growing my portfolio. Holding when it will not reach my desired calculated goals and buying as much as I can when the price is going down - then patiently wait. |
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it depends on the people I really have in mind when they enter into trading, investing okay gambling their money because the work of other people they want to earn fast because they need money so they enter the Such things, but gambling is just normal for people because gambling is just a gambling of such a way.
That's the truth. It's okay whenever you are trying to do something with your bitcoin. If you work hard and just waste your money on gambling without limits. Gambling is gambling, and that's all there is to it. If you think about it in some other way, then it would just make your mind worse. Only if we are gambling irresponsibly where we lose money, it's easy to win as we think but more easier to lose because we will never win when there is a house edge. That is gambling, they are support to be treated for fun activity so we will not regret losing big in the long run, let us not call it wrong because that is only our own mistake. Yeah basically gambling turn wrong when you treat it improperly. It's for entertainment purposes but people get lured to make money from it which mathematically you can't win against the odds , the oddsmakers yeah. Always looks good when you imagine about how huge the winning you can get. Exactly! Doing gambling for fun purpose is not a bad thing but becoming addicted to it is the real sin. Most of the people come to experience what gambling really is but when they win some games, they start becoming addicted to it because they have made some profit with doing any hard work. In modern times, people want money without doing any work and gambling is the best example of this due to its users. That is true the thought of gambling as a way to earn big money without exerting much of the effort lures most of the people to gamble blindly to any games that are based on pure luck and they may end up at a full lose in no time. |
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I read crypto related news everyday. By staying up to date I know if there are any upcoming hardforks or something that may affect the Bitcoin price. Also, I try to observe how market behaves when something big happens for example: recent exchange ban in China and Russia claiming that they will also ban cryptocurrencies. I closely watch bitcoin prediction from : https://longforecast.com/bitcoin-price-predictions-2017-2018-2019-btc-to-usdYes keeping track of news is very important because at the least that is what alot of people does. Furthermore, in bitcoin there are many whales so price is not dependant on just some selected whales. Also there are telegram groups that we can join too and interact with to gain more insights. Indeed there are big whales in bitcoin industry and seems they are at full control of how things are happening with cryptocurrency trading. There is really nothing wrong with that if you know what you are doing and finds a way how to capitalize that info and make it a good profit in your part. |
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