I think people know about bitcoin they just don't know how to earn with it and how to make it. And one time experience that kind of situation before I ask a person and she says that he heard about bitcoin but he just let it go because he has a work a regular one.
I can really say that for people that have no idea about bitcoin, there is really a hard transition to finally accumulate them. I can say it personally because I feel the same way before when I was just starting out with bitcoins. But it was really hard before because bitcoin was not yet that popular but now, it would be easier to invest to it for new comers. |
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as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
Well based on my experience you could still trade even though you have a small amount of money however the small amount of your money is the less profit you will get. But there are some ways to earn a trading coin which can be gain through this forum. All of my capital in trading was came to this place via campaigns. That is right - a small amount of investment to your trading while still learning it is a good way to go and when you get the hang on it, you can start trading bigger amount. I also used my signature campaign income as capital to my trading cryptocurrency.. |
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I dont think that Bitcoin can replace gold. Bitcoin and Gold have different role in the economy. Bitcoin is a kind of investment asset. Gold is a store asset. They can't replace each other
That is right and what a wise investor is doing is he/she is both investing to bitcoin and gold and in any other investment vehicles. It is not good to put all of your money and resources to only one investment - we should diversify. |
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I'm afraid that it will end up busting most of your bitcoin if your attitude towards gambling is like that, Switch off your computer, pull the plug in your router and go out. That's all you need to do.
This is probably the most crazy thing that I read today, why would you even do this when all you need is to really quit without looking back. Dont even try to open up any gambling site. If you really want to do this then you can do this but if they is a slight bit conflict of interest to gamble again then you will keep on coming back for sure I praise your conviction and focus. Nonetheless, we must recognize that it is always easier said than done. Hence, we should not base our judgement on our personal experiences since other people have their own fair share of experiences which led them to who they are today. Going back to our main discussion, I think people keep coming back on the hopes of winning big this time around. They think 'maybe' this time is their lucky time. Hence, they gamble. Others get lucky; others fail miserably. We have our own reasons but there may be times they get addicted to it. I agree with you mate. Any reasons a person or a gambler has in returning back leads to playing or gambling regularly which eventually becomes a habit and a gambling addiction in a matter of time. Better control your gambling sessions and control your emotion. Make it sure that you are not playing regularly because you may not know it but you will already get hooked and addicted to it. |
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Well , not just 7000$ , if know is already 9000 ,perhaps in a few months will reach 15000 . I think that Bitcoin is going to reach a " new level" if you know what i mean . Think what value is going to hit in just one year , but in a couple years ? Well , is going to hit a very big value , like maybe 35000/50000$ . Just think on the profit , is going to be huge , very huge .
That what really makes bitcoin a very awesome and wonderful opportunity to invest your time, money, and effort. It pays well in so far as gains or returns is concerned. It is good both short and long term investment and at the moment, it is still good to take the ride where it is heading. |
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I personally know quite a bit about Bitcoin. However, this thread is for the community here. The idea is every post should contain NEW info which hasn't previously been posted in this thread.
For example, I will start with the obvious: Bitcoin is internet money
Is this a perfect explanation? Of course not. This is where you come in.
Please post the most detailed aspects about Bitcoin you know, without repeating any info previously posted in this thread.
The idea is as we scroll down, the discussion should get continually more complicated as we dig further into the technology, development, history, etc.
Make sense?
So I will repeat the starting point: Bitcoin is internet money
Bitcoin is a number one digital currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name.A very safe currency There is a transaction fees in every bitcoin transactions you make like sending bitcoin to other bitcoin wallet address and depositing it to trading platforms or online casino sites where you want to play or gamble. However, overall bitcoin is just awesome. |
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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?
When we engage in trading knowing how to manage our emotions expecting and accepting for loosing money or dont panic if there is a mistakes in our decisions.Dealing with our emotions to not be depressed in every loose.Try to be relax and stay calm in every situation.Trading is like gambling we did not know what happen in every play we do. You take the risk but if you believe that you have a chance to be successful in trading then definitely you will be able to make it. This kind of money making activity may not work to every trader but I'm sure if you will use your passion and love trading you will have a profitable future ahead of you. Keep learning and never let your emotion dictate your in crucial situation because when you are weak, you'll not gonna improve. That is so true. Trading can be very lucrative if you just know what you are doing. I suggest to take some time to learn the ins and out of trading and do some small amount of trades as an application to what you have learned and confirming at the same time your strategy. |
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Well you can also invest in cloud mining, for example Genesis mining. Its not so profitable but you can make good amount out of there if you have a lot to invest there.
I have nothing against any cloud mining because I have done that before but I don't really suggest it these times and just go learn cryptocurrency trading because that way, you have some form of control with your strategy and don't really with cloud mining because there were really number of people including me that were victims of these schemes.. I am not sure with genesis mining though because they have been there for awhile and I have not invested to them so I can't tell whether it is good to invest to them or not. |
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I do not think so. Of course, experience can help in some situations. But gambling depends on luck. And luck is not related to experience. Even experienced people sometimes lose everything. There are always many risks here.
Experienced gamblers find it difficult to lose everything. They are called experienced because they are good at making decisions. Deciding when to stop, when to bet. Experienced gamblers are those who can control themselves well. Exactly. It doesn't matter if its a luck based game or skill bases. An experienced gambler is less likely to make stupid decisions that would cost him a lot of money. That's the difference experience can make I agree with you mate that that is also one that distinguishes an experienced gambler to inexperienced one. When the experienced gambler plays to games that are based on pure luck, he/she has a strict cap of bankroll to play in a session and never add funds on it when it burns out. |
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I sell my bitcoin when I was satisfied to the price of this in the market also, I sell only the half of my bitcoin when I have a lot of savings in my bitcoin wallet. Because I just want to save the remaining for the future value of bitcoin. so many in next couple of Month we may see even higher price so I will prefer to hold at a moment and will sell only when it crosses $10k mark.
if you survive the current drop in Bitcoin, then this milestone, which you mean in 10,000 dollars, will be passed before the end of this year or at the beginning of the next. The matter is that all have already given 7000 dollars by the end of this year, but we already had this maximum And even more today. We need to wait for these fluctuations to end and we will again see Bitcoin's active growth. Yeah the main thing is satisfaction if investor and this thing matter a lot don’t greed to much sell when it prices get high and if you will wait for more profit other investor will sell their coin and you will be again in the waiting condition for profit and as price is at 6.5k this time is not suitable for selling this is purely buying time and when prices will click to the 8k then I will sell to get my profit for which I am waiting. Make sense. I am also targetting 8k bitcoin price before selling majority of my coins. That time, the gain is good already and I will use the money buying high-end mountain bike for good health and an off-road motorcycle for once a month long ride in neighboring towns. |
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There are variety of ways to obtain bitcoin. One of the easiest and most convenient is joining campaigns to get paid for. Another is gambling. But you are likewise a newbie. I say it's not worth the risk.
I would also like to point out that joining to signature campaign these days is no longer as easy as before. The reason is that there are so many people (especially new to bitcointalk forum) that want to join to signature campaigns - there is a high competition already. So, my advice for newbies is to only do quality and sensible post in this forum so that when sig campaign managers evaluate your past posts, you will have more chances of getting accepted than people that are posting low quality comments. |
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It is completely depends upon conjecture and news if any information against bitcoin the cost will drop like China bitcoin trade regulation some other . Or no positive techniques like japan legalised bitcoin price increases cost . Even difficult fork can give free coins following a fork will also make good effect on bitcoin.
News can really affect the price of bitcoin because many investors and traders are also capitalizing on news to earn big profits. Example, when leading bitcoin news published any negative things about bitcoin, traders will sell bitcoin right away and buy again when the price is going down and the difference is their good gain. |
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 I'm feeling great after everytime that i'm gambling. But things are worst when i lost much. Trying to quit once or twice but it doesn't work. I back to the gambling way in a few weeks later. Now i'm not resist it, just try to keep my bet is really low. Like 1 or 2$ for fun.
It is a sign that you are already a gambling addict. You can control your bets this days but it doesn't mean that you are now away from being an addict. Sooner or later your desire will eat you. You will then again bet bigger ammounts, just like how you stop before and you can't resist then you are back to your habit. In my opinion, gambling is addictive when everything about it becomes "fun" and you are getting more comfortable with it, like thinking that it is not hurting your money and it is not eating your time. That is right. When your gambling session is already regular and seems that you are already forming a habit to play regularly on the same time and ended on long hours of playing, there is no reason that you will not become addicted again.
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Bitcoin will not end because it will declare died many times, but this can survive. No one can stop this because there is a worldwide user. As long as many people earn and invest here money it will not end. We can't predict what is going to happen more in the next years.
Actually bitcoin is now very stable and power full currency in market and its price is very high because world realized that bitcoin is the one of the good and use full currency because bitcoin can play a big role in economy of any country and its also reduce um employment in many countries so bitcoin demand is very high and world need bitcoin. Bitcoin is not really into building ones country's economy. It is designed to surpassed that and offers revolutionary way of financial transactions where there are no any government regulations involed. |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Bitcoin price drops because of the investors who sell their bitcoin because they see in a good profit of the current value.They noticed that this is a good time for selling this is the reason why bitcoin price decreasing. From my observation is that, Some negative news that affects people that is why those people want to withdraw their money from this platform. like in recent time, China government wanted to regulate the ICO then most of the Chinese people have left their Bitcoin so that the price of Bitcoin went down. I believe that only negative news and uncertainty are the main reason for dropping the price. Yes there can be so many reasons which can effect the price of bitcoin and can drop. I think the main reason can be that bad news that usually spread in the market which make the investors a little worry and they try to take a safe decision. But i think the correction is also a reason which cause the price to dump but this kind of dump is temporary and very soon the price of bitcoin recover its position. I think in in near future we are not expecting any correction therefore the price of bitcoin is expecting to increase. Indeed! I was once guilty of reacting to some bad news about bitcoin and sell my coins for a very low price and I see to it that it will never happen again to me. I will just hold until the price of bitcoin will reach at least $8000 each. That is now my parameter before I sell my present and future coins accumulated. |
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Majority of times I play for fun with an small amount which I can afford to loose and most of the times I end up loosing but its fun to gamble and the time between winning and loosing is the most crucial one which excites me the most but there are sometimes when I am in badly need of money and at that time I play for making profits by taking a risk of gambling with higher amount.
This is really the right way to gamble - to just play for fun with the money that we can afford to lose and we never mind what the outcome would be. The thing with gambling aiming for profit is that, whenever you lose, you lose big because you want high profit and you can do that by betting high or choosing low chance to win in order to win big. |
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Gambling is good too if you want to profit big amount at once go and play but there is also possibilities that you will lose it. But investment is about trustingyour money to someone, just like that. Its like giving your money about a year and wait until its going to profit.
Gambling is not good if you want profit and you are the one to gamble. Profit in gambling is also good but it's very unstable in a way that you'll be streak in deficit. It's also hard to recover in gambling, that's why if you want to take a risk but you are comfortable that you can recover on it later on, go with legit investments. It is always be a problem when people come to a casino and want to make money steady. Then that moment you might have to think about trading has bigger chance to make the mission completed successfully. Noone can deny the fact that gambling isn't profitable for the long term. Well i think investing in a casino is better than playing against the house and so if you get the chance to invest in bitcoin casino then you should go ahead unless you have a working strategy that can beat the house and that is the only time i will advice you to gamble instead. I don't think investing in casino is a very good idea, it is just the same to the investment that you are going to make to those HYIP sites out there, it is too risky. I'd rather buy some bitcoins and hold it for a long time so that I could have bigger profits not like investing to those kind of investment where you could just lose your money if you don't know how that stuffs works. Investing in online casinos is really risky and it is much riskier if you don't do your homework in finding out if the site is credible and have a number of happy investors investing in them. However, if you invest to credible sites, the potential return is really worth the risk. |
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Yes Trading is unpredictable job. sometimes you win and sometimes you lose but more over to that you should minimize losses and maximize winning profit. understand well the flow of chart
Obviously trading is unpredictable job, it is very difficult job to predict how prices varies, even for those who are in trading area from long time. Trading is almost like gambling, so in gambling it depends on how muck lucky we have. I agree that trading is an unpredictable job but come to think of it, if you are skillful enough to predict the price of coins based on fundamental and technical aspect of it, you will really have more chances of winning trades than the ones that are just guessing. The latter is the one who gambles and definitely not the former one. |
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Casino investments are really nice because you can use leverage which means you can put 10xleverage and have 0.10btc and have 1btc invested. This is nice because if tou worried about the casino running off with your money they will only run off with 1/10th of it but I doubt that will happen. It also always you to invest the other 0.90btc elsewhere.
When you invest money don't always think the only advantage but also need to consider disadvantages because if you leverage 10x then you also can lose your investments 10X faster. Because if the site loses 10% of their bankroll, then you will lose almost all your investments. It is quite common gambling houses sometimes they will lose 10% of their bankroll if any big whales win few times. But in the end house will always win, so it does not matter anyway. And 10% of their bankroll is pretty huge amount to lose here. Since big whale will never eat up that huge amount unless there is suddenly big win on slots or may be some lottery game. I ever saw huge bet on betking only and that is the biggest bet ever but still house is on profit too so it is pretty good profit on gambling investment Why do you think that only one person can win big amount to lose 10% of site bankroll? In case if few lucky guys win huge amount then surely casinos can lose 10% of their bankrolls and if that happens and if you have leveraged 10 times then you can lose all your bankroll. Just consider moneypot bankroll they lost so much money. In gambling, anything can happen and it is our responsibility play safe. First because 10% of site bankroll is big amount of money due to the current price of btc. Let assume they have 1k-2k of btc 10% is around 100-200btc per day that they lose so I think most of them will stop before they busted everything there. Second thing, mostly there is only 1-2 big whale player, I seldom see there is few of big whale playing together in a night on any sites. I can say when you used 10x leverage then you should consider to maintain your balance every time so whenever it losing much you should withdraw your money. It is pretty common thing to do I guess so I still believe that gambling investment is really profitable thing to do unless they are scamming us Losses are common in gambling site investments, it happens that a few players hit good numbers and profit big time. But when you panic and just withdraw everything and leave, then you will not get the chance to get back your losses from the gambling site. Since, not everyday there would be a lucky gambler that would drain the house's bankroll, there are more chances that a big loss will occur from those whales and even, highly likely, those people that got lucky the other day and they just return their winnings back to the house/ In short, greed may cause a lot of disappointment with gambling. If you are already winning in games that are based on pure luck, better not be too greedy and continue to play because you will really have more chances of losing all your banckroll if you wont stop. |
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maybe its a bad habits but most of the time i also keep coming back even i already promise not to do so, its just something
inside of me that keeps whispering to play some and enjoy.
Everyone is like that but everyone needs to stop. If you are really playing because you are enjoying it then keep on going ahead because you are already on the right track to stop. If you keep playing because you want to gamble then it is going to be cause you lose alot of money. It is better for you to play for fun instead of just playing for profit I could agree more that in gambling we just play for fun and entertainment. Although it also requires a ton of patience and discipline in terms of controlling yourself and emotions to not bet more than you can just afford to lose. |
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