There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?
Agreed. Trading is really a risky business as supposed to doing other means like campaigns because it mixes with how you as a person would judge the market, and you would also have to have enough experience to gauge things as accurate as possible. The market, although it's not predictable, has a system and trend that you can base onto on whatever trade you want to venture it. It's a high-risk-high-reward type of gaining bitcoins. As long as you get comfortable dealing with the market and you have enough skills in trading cryptocurrencies, you are actually good to go. But I agree, trading cryptocurrencies are really not for everyone - it requires a lot of discipline, planning, executing, and a bunch of patience. Of course because trading is so risky and not everyone are willing to take the risk, it's like gambling but requires skills in order to be profitable and if you are not interested to put your passion with trading you'll not going to have a long term success. it really takes a lot of courage, dedication, and patience. Trading is not just a game it is a profession and when we say that it is a profession, we all know that it takes a lot of actions and dedication in order to survive and win. Example is when you want to become a doctor, there is no way you can reach that if you will not dedicate a good portion of your time studying. |
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hello everyone.i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses? Share your story here guys!  Gambling is not good when your in addiction but if you have limitations in yourself I could say its for fun and relieving in yourself in playing.It can be profitable when you wins but if you loose it can make all your money out.As long you can overcome your addiction in playing gambling is not wrong for us. Gambling is not only good for those typical addicted gamblers. Otherwise it is same like here just we manage our routine expenses then we could mange our gambling expenses then we must control our greedy then gambling don't give us big lose. Usually all gamblers have same stories but only addicted gamblers have sad stories. It is on our hand, if we want sad and happy story from gambling. But i am satisfied with gambling. Good point mate, its always depend if who's playing the person who understand the risk and still manage to move forward with a little earnings will think that gambling is not a bad activities but a sort of enjoyment but for those addicted gamblers who always face defeats are people needs to reassess because of this wrong habits and must be stop right away. Too much exposure to gambling can really lead to forming that habits and eventually to addiction. This is really not healthy, we should just gamble for fun and entertainment but not for a much longer period of time because the result can be devastating when you are not careful. |
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Some people afraid abput currency that they use if the war happen, so some of them convert their real money into bitcoin because bitcoin is susch as safe haven, so if the war happen then they go outside the country, they will be still rich.
not really that reason, because even they didnt do convert their money into bitcoin they still rich after all, their bank account links to all banks world wide so they can also use that to get their money back, i think the reason is, to use bitcoin is more convenient over fiat because its not just to carry bitcoin but you also carry a investment on this, they can carry huge amount of bitcoin while waiting on its own profits. double purposes. That is really exactly my point - bitcoin can be best use both for day to day payments (like with the fiat) but it can also use as investment. With this, why not we can just use bitcoin for investment and fiat money for day to day payments? If we use bitcoin there are some fees that you could get away that much with fiat money. |
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The main factor to make make money easier is capital, with capital then we can do many things, for example is a bitcoin investment that has proven profitable. if there is no capital I suggest to follow the various giveaway programs that exist in this forum.
that is really the good thing when we have ready capital in hand. however, there is really nothing to worry about if we don't have a capital because there are so many ways to do it like joining signature campaign here. Once you have enough you can then start to save and use it as capital in your next investment. But keeping whatever you earn from signature campaigns in bitcoin in itself can also be a form of investment with which you can profit in the long term rather than withdrawing and putting it into something else or a tangible investment which doesn't yield at the same rate as bitcoin. Exactly. It is really a form of holding and earning more profits when the price goes high. This is what really amazes me because with the money I earned from my clients which just sets in my paypal accounts for a month or 2, the value is still almost the same but with bitcoin, there is a very tremendous increase if we just hold it for more time  |
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Be aware and be cautious would be the smartest way to play. Be aware about your expenses and be sure that you are not exceeding your limits. Be cautious in your emotions, don't let greed control you and learn when to stop and how to stop. Self control is a must if you are to play especially in a land base casinos.
In short, don't let emotion get in its way towards your gambling session as much as you can. The reason being is that, when you get too emotional, you tend to do some rage bets and we all know mostly what are the consequences with rage betting, right? |
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Given the conditions, I would choose gold over bitcoins because of the fact that gold is there into existence since ever while bitcoins are just new inventions. Also, bitcoin are more fluctuative compared to gold in value.
Sure, Bitcoin is more volatile. But its value also steadily increases at a faster rate than that of Gold does. Furthermore, just because Gold is tangible doesn't mean its more valuable. Ideas are the most worthwhile resource on this planet in this century, which is why companies like Facebook and Google are so widely successful despite not really moving anything physical around. Yes, bitcoin makes investment sense than gold because you stand to make more profit in a short or long term whereas the rate of increase in gold price is way too low compared to bitcoin so investment-wise i would also pick bitcoin over gold. Gold price is not really increasing that fast compared to bitcoin. But I think there is a good thing about it because it is way stable that way and that we can be quite certain that as long as we keep it, it will eventually increase its price in the near future. But bitcoin, it is super amazing because in just a short period of time, we can earn a lot by investing to it wisely. |
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so in my opinion, it is a fair, mutually beneficial relationship.
miner, trader, and fee form a symbiotic mutualism. these costs exist to provide incentives to miners to process transactions, because the larger the size of the transaction then to process it takes more time and electrical energy. Transactions with higher costs tend to be processed faster while transactions with low or no cost costs will be processed more slowly.
Yes I think it is really fair because miners do play a very important role of making each bitcoin transactions more credible and with integrity. Without them and their huge capital to invest to technologies and facilities, there is really hard time to make our transactions get through in the most fastest manner we would want it to. |
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Good decision. It's very hard to make money in BTC trading.
you need to patience ....
You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.
good luck bud ..
It really takes a lot of patience in order to win in the cryptocurrency trading. Most of the winners have the most patience and the once that are just to emotional and can't take to be more patience, usually loses the trade. |
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When I came to know that I can easily gamble with bitcoins online that made me more attracted towards bitcoin and whatever bitcoin I used to get I spent it on gambling hoping to double it in quick time but that never happened and every time I used to come back either to double my bitcoins or to recover my loss but all the time results were not in my favor.
Maybe its time to pause and rethink again if you still want to come back after failing to recover your losses because as what you've said the results are not in your favor. Maybe we should set limits to ourselves specially in gambling because the worst scenario will be either we become poor or addicted to gambling. You are correct. There must be a clear and definitive limit we make to ourselves while gambling. It is important because without it, we can gamble for too long and before we knew it, all of our bankrolls (hard earned money and savings) could be depleted. |
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Maybe bitcoin banks will overtake fiat banks  First of all, there is bitcoin bank but we call it bitcoin wallets. And I think bitcoins are really not designed to overtake banks as how you are wording it. Banks will be there and be around for long period of time because it is already an established institution - I believe that bitcoin and banks can work out together without necessarily overtaking one over the other. |
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My intention is only to make profits from gambling as it is the only way to make quick money which is not possible by any other method in real life and if I have to fun then I have many other activities to do so if I gamble then my only goal is to make huge profits from it.
It's true that we can easily make money in gambling but we can also easily lose money with it and that is the reason why there are a lot of gamblers lose money because what they only trying to consider is the fact they can have profit. Gambling is a very high-risk game. If the game is based on pure luck, it should be dealt with just for fun and entertainment and not really for profit because most of the time, you will just get disappointed due to the fact that there is a house edge advantage. Did I mentioned that we should only play with money that we can afford to lose? |
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Update: 777Coin Bitcointalk signature rate changes
★ JR Member: 0.000045 BTC
★ Member: 0.000055 BTC
★ Full Member: 0.000065 BTC
★ Senior: 0.000075 BTC
★ Hero: 0.000085 BTC
Bonus Pay Rates
★ JR Member: 0.00005 BTC
★ Member: 0.00006 BTC
★ Full Member: 0.00007 BTC
★ Senior Member: 0.00008 BTC
★ Hero Member: 0.00009 BTC
Senior/Hero Special Pay.
4 Seniors & 4 Heros/Legendary. For a total of 8
★ Senior: 0.000085 BTC per post
Bonus: Post in Gambling Thread (Games & Round and Investor-based games thread doesn't count) for 0.00009/Post
★ Hero/Legendary: 0.000095 BTC per post
Bonus: Post in Gambling Thread (Games & Round and Investor-based games thread doesn't count) for 0.0001/Post
Thanks for the update lightlord. Lutpin, please enroll me in the Special Senior Member rates. Thanks and more power guys! |
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I will sell it if the price higher than when I buy it, not depend on how much percent of my profit, but just I get profit it's still okey for me. Because I'm also new trader in crypto currency world. So it's still difficult for me to make decision how much percent I must get profit from trading. I need improve my skill trading first.
You have the point that only selling when the price is much higher than the original price you bought it. However, you also need to take into considerations the trading transaction fees and calculate your ideal gain and target it put an automatic sell when you reach the desired price. Just Consider you are brought a BTC at rate of 4000$.You have to wait at least it reaches 4500-5000$.So only you will get 500-1000$ profit. Like this, you can sell based on the Money you inverse in that.If you OK with any price of bitcoin at any time means, you can sell your holding bitcoin. But if you want more profit from the assets you inverse means, you have to wait for the price reaches the moon. Then,you can sell and get huge profit. There are really different strategies, plans, and profit goals when it comes to trading bitcoins and other altcoins. The most important thing is that you have a definite and fixed plan so that there will be no more room as much as possible for your emotion to sets in because you are just following your pre-planned trading. |
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We have to get back anything we lost in gambling means we must invest some more money and win our bet or else it is not possible.
When you lose money in trading i am pretty sure you need to invest more money if you want to return money. As long as we don't sell our coins and keep holding it, there's still a possibility for us to get profit. What we have to do is just to be patient. To make another investments aren't necessary in such cases. The bad habit that some people have is, they got panicked when the price move against them. If you know that the coin you invested got a good future then you no need to worry about for short-term price fluctuation. But if you got some extra funds then you can take this opportunity to buy some more to average down your buy price. If you have invested money without the coin knowledge then you may be a panic when prices go down and sell it at losses so don't invest money without understanding the product. When you have a good capital and see that there is a downward trend of a certain altcoin, you can divide you entire capital or bankroll into 10 and buy the said decreasing price altcoin in staggering price. Example you can first buy at 0.000020 and if it goes further down to 0.0000015 buy another one and until you are down to your 10th division of your bankroll. Once the price rises, you can reap good profits |
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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.
For me, gold is a good choice, and you will never be wrong in investing in gold, but bitcoin is what I think a wise but risky investment. In bitcoin, you can get your money to make you a large sum of profit in just a few months, now, just imagine how much profit will you make in 10 years!. I could just imagine how much that profit could that be. But going with gold, is not a bad idea aswell. So the wise decision would be to invest to both bitcoin and gold because investing to just one is something not as cool as investing to both of them They both have the potential to grow your investment and that is really fun. However, I see that bitcoin is good for short term gain while gold is for long term. What I meant is that, you can buy and sell several times with bitcoin in a short period of time and earning good profits but not that really with gold because the former has some sort of volatility and if you are a good trader, you can capitalize on this volatility. |
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It isnt really good to invest in btc casinos.Invest in casinos is really risky but there are other type of sites like revenue share and ptc sites which have lower risk to invest. Basically indeed it doesn't look good and not worth to do, but for those who are already dependent on gambling sites or often betting on casino sites, they would be to doing this (investing in sites that they often visited), is risky or not.. it doesn't would be too thinking about it I guess. I'm not sure how in the world you think it's not worth it. YOLOdice has seen 4.7% return in the past 30 days alone, way more than you're going to get from any other investment, and it's not based off of other people investing like HYIP scams. Your an experienced member on this forum and you should be knowing that in this forum posting referral links are not allowed. You should provide direct link to the site - https://yolodice.com/These bankroll investment profits not guaranteed that you will again get same or better in future. If you look at this link you will come to know that for one-week yolodice also gave negative returns. https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-2-week-1-of-52. These high-risk investments but in the long run mostly we get a chance to make a good profit. No referral link please Anyway, I agree that investing to online casinos to add to the house bankroll is really risky as well but if you just invest regularly, you will be like the house to earn and gain profits at the end of the day even you have negative profits at any point because you have with you the power of the house edge advantage. |
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2 guys walk into a casino, each one has 50$.
One is gambling for money and the other one is playing for fun using money, and after some time they both lost 50$.
Next day they both decide to go to casino(again), one is again gambling with 50$ and for money, and the other one is playing for fun but with money because it is his hobby(hobby - something you like to do when you have some free time) and again they both lose 50$.
After a month of gambling(person X) and playing for fun(person Y) they've both lost 1500$.
Explain me how person X is gambling for money and person Y is playing for fun?
Both players are playing for profit. When someone spend his money and time daily in gambling, we can't say that he's playing for fun! We do our hobby for fun but not in daily basis. I agree that when a person playing regularly and in a daily basis - it is already like a habit formed that may lead to addiction at some point but most likely that gambler is already playing for profit and not just for fun. |
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When I was a beginner, I very often left trading. Especially if I was losing a large amount. But I still returned back. This is a very good way to earn. Just need to be able to do it.
In trading, you only lose when you stop at a loss and never return back the fight. There is nothing wrong to go backward momentarily but just don't give up. Use that backing up to gather strength and fresh mind to plan on your next trade. |
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There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?
Agreed. Trading is really a risky business as supposed to doing other means like campaigns because it mixes with how you as a person would judge the market, and you would also have to have enough experience to gauge things as accurate as possible. The market, although it's not predictable, has a system and trend that you can base onto on whatever trade you want to venture it. It's a high-risk-high-reward type of gaining bitcoins. As long as you get comfortable dealing with the market and you have enough skills in trading cryptocurrencies, you are actually good to go. But I agree, trading cryptocurrencies are really not for everyone - it requires a lot of discipline, planning, executing, and a bunch of patience. |
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they most probably can not, at least not right now as banks are really strong nowadays and most people rely on them
i think that a lot of time will have to pass when uᴉoɔʇᴉq will be strong enough to change banks
Now or then replacing is a difficult process. Past days bitcoin grew when people were not much aware of digital currencies. Now when it popularized more users adopted it but has not avoided banking. In this way replacing of banks is highly impossible. Indeed, but the fact is also that the bitcoin is digital and it has a good future a head but the banks are way bigger and a lot of people are depending on it. Plus another fact is that I do not see people stepping over to the bitcoin itself, I even think that is highly impossible. The last thing what also be a problem is elderly, elderly are not digital, so they will never step over, the new generation is fully digitized so it would take even years before it could happen because then everything is digital. I don't think bitcoin will ever replace banks because government pay salaries, loans and contracts through banks. Banks control fiat circulations and savings by the general public. I think both bitcoin and banks have different roles to play in the future. I think bitcoin will rather make banks less important in the future than they are right now, because bitcoin is purely digital, fast, secure and decentralized. Bitcoin is acceptable worldwide while local currencies are not. Those are the many reasons and there are plenty more of why bitcoin will not going to remove banks in the finance picture. There is really no harm is co-existing one another as it will even be more of having choices among us as to what to use in any financial transactions - whether bitcoin or fiat money. |
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