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1041  Economy / Speculation / Re: Is it too late to buy bitcoin? on: July 28, 2017, 07:30:19 PM
Many people have predicted that bitcoin prices will rise more than 50%. So, is it too late to buy bitcoin, in my opinion not too late. There are even predictions in the next 3 years to reach 6 billion, But this is only prediction..

Within 3 years, 6 billion? that's not a prediction, just a mere joke Grin
It will surely rise within 3 years quite high, and I believe its never too late to do something rather just doing nothing, considering the matter is long lasting and won't scam or something like that.

So if you want to invest, still you can invest, but you need to sit back and relax and just wait.
1042  Economy / Trading Discussion / Re: When do YOU sell? on: July 27, 2017, 07:18:47 PM
Simple actually I sell when the price is high and I buy when the price is cheap
So I get the profit from the difference between the sale and purchase

This "strategy" is really simple but i think everyone use it, as this is the easiest way to get profit from trading, you won't lose money if you sell for more than you bought for, problem is that sometimes you will have to wait days or even weeks to sell.

Personally i sell only when i am sure that i earn from it, it would be dumb to sell when you lose money, unless you know that this currency will crash or so.

Correct. "When the time is right"
The investment needs to be fruitful and it should not be just a little fruit but needs to be ripe to maximize the profit.
We cant just harvest when we get just a little of it. Panic and greed wont work or it will just be regret afterwards.
Greed into withdrawing early while the investment is still on the process of being ripe. There should be a right timing on when to withdraw.

I agree that those who wait for the right time are the ones who get more profit than those who sell right away because they think small profit is enough. It may take time to see that big amount of profit in your portfolio but when that time comes you will thank yourself for the effort and patient in waiting.

Right time, always doesn't work, many times it has happened people keep on waiting for the right time but it never appeared. So if you are in positive figure no time is wrong or right time to perform this action. And its always better to sell a fixed percentage for a fixed time period, that way one can keep away from sudden sell during urgent requirements.
1043  Economy / Trading Discussion / Re: How to start investing in cryptocurrencies with 500$ ? on: July 27, 2017, 06:49:09 PM
If you have any time target to get back the profit from your investment, then analyse well about the altcoins market and invest into it. Leave of its own checking the growth of the particular coin. Sure you will be profited and if lucky the same profiting happens in a very short time period.
Yes their is a need to study the market before investing your money. So in the end you will not lose and regret later, invest atleast on the top coin which offer profit. Study the market first and the movement of the price before investing that will give profit either short term investment or long teem.

Until you invest in new ICOs, you might not have chance to lose completely. Like if you invest in Bitcoins and the price dropped, its just you will need more time to be in profit. So, With various cryptocurrencies other than Bitcoin, you will be in profit anyhow, just hold it and give time.

Yes, if you do it for short term, then a thorough study is required.
1044  Economy / Economics / Re: Can Bitcoin End World Poverty? on: July 26, 2017, 07:16:00 PM
I've seen previous comments about this. I see it damn hard, you can only do campaigns, but ending with the entire poverty never.
I wish it could be a solution, but it's not.
It is the solution if you are willing that poverty will be end. So kindly provide them instead of some money teach them and give them some knowledge about bitcoin and send them some bitcoin instead giving a little amount of money. So it is better idea to go institute where poor people lives there poor life. So go there teach them about bitcoin. Because not a single bitcoin can finish poverty. By helping through us it can.

I don't think only knowledge about Bitcoin can end proverty, they need to be taught about various other things and also the facilities for them should be established.
Just knowing about Bitcoin without being able to have the opportunity to use it not knowing, how to use computer and internet won't really help.

Bitcoin is a far more advanced, just proper education and proper initiatives by government can easily end poverty.
1045  Economy / Trading Discussion / Re: What should I do? on: July 25, 2017, 07:00:51 PM
First things first, whenever there's an issue coming up with Bitcoin, I like to know my coins to a software wallet. The reason for this is not because I don't think that the website can handle the fork, the reason is because I think there are always websites out there that are waiting for an excuse to close the doors and hold on to your coins

I don't think many web based wallets who are established would do such stupid things, but yeah you never know.

If you want to keep your coins safe and store, yes its better to avoid web based wallet, as its vulnerable to many threats. Moreover you do not have your private keys which might make it more difficult for any individual. Having your private keys is quite secure enough.
1046  Bitcoin / Bitcoin Discussion / Re: How many people are asking you about Bitcoin now? on: July 25, 2017, 06:21:32 PM
I've been talking about Bitcoin to family, friends and random people for years and nobody seemed to mind when BTC was under $1000. But now that Bitcoin has reached $2000, people are starting to realize that owning 1 BTC is beginning to be out of reach for the average person.

I've had more people ask me about Bitcoin lately and wanted help buying Bitcoins. What about you?
There are a lot of people asking me today about bitcoin due to the money I am obtaining each and every day because of bitcoin. They are asking me so often about how do they make an account or how specifically I earn from bitcoin. Many of my friends now are busy with bitcoin and they are also earning like me. I'm currently guiding my newbie classmates with bitcoin and I am happy to help.

Same here, lot of peoples are asking me about Bitcoin recently, as I always tried to publish it among friends. Bitcoin has started to breaking in news, which is directing them to me. It feels good when they ask Cheesy
But my bad very least gets indulged with it even after knowing about it.

1047  Economy / Gambling discussion / Re: Who use Litecoin for gambling here? on: July 23, 2017, 07:57:21 PM
Not really till now, but used other alts. I did bet on myself with Litecoins on Online gaming tournaments as a participant and even paid to get in it. So its not kind of gambling as it totally depends on my performance on the particular game.
1048  Economy / Gambling discussion / Re: Cricket match prediction discussions on: July 23, 2017, 07:15:28 PM
What a win! I really enjoyed every minute of it. ENG Women have been outstanding, such a match-winning performance. They were batting brilliantly.  India also played really well. But, Credit to the England. Well done England.
yes that is right i also enjoyed the match very much, i think both the team played very well. but i think the England team really show a very good performance which make them win the match.. to England was my favorite team and i make a  bet on it i make me about 300$  profit, i really enjoyed the match it was a very good match and i think people will have enjoyed the match very much.

It was really a good match, as both team showed some great effort. Congratulation to England Cricket team, the ladies really bowled well, they were just fabulous. India's bowling gave them a fair chance to win, but their England's performance was even better.
1049  Economy / Gambling discussion / Re: Is it worth using bitcoins anymore for gambling ? on: July 22, 2017, 06:38:57 PM
Yes ofcourse, but it depends on usage opportunity of Bitcoins or any other cryptos or fiat.
As for me, I f I indulge in sports related gambling, I can do it via fiat, but basically dice, poker, blackjack needs to be played using Cryptocurrency, Bitcoins and in many cases few altcoins as well.
There are very few gambling sites with limited to few types in my country, so have to use Bitcoins anyhow, if I want to gamble.
1050  Economy / Gambling discussion / Re: Poker using bitcoin to cash in? on: July 19, 2017, 06:29:24 PM
Their are no legit poker site in bitcoin, one i was using fourtunejack but they have stopped poker tables, other i followed but they are not legit, i tried to play in nitrozen poker site but first they will make u win but after that even on good cards you will lose it all. So better be safe in playing poker with bitcoin.

I haven't tried fortunejack, but about Nitrozensports poker, I would say it is a fine experience. I don't know what happened with you, but I didn't faced any problem. Last I played 15 days ago and everything was good.
A friend suggested me Betcoin.ag, you can try that, though I don't know about it properly. I read it supports Ethereum as well, which kind of attracted me.
1051  Bitcoin / Bitcoin Discussion / Re: Why should people use Bitcoin? on: July 18, 2017, 06:46:14 PM
Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?


Another reason why people should start using bitcoin beside of it is the coined as the future currency is that with bitcoin decentralized block chain that provides you privacy wherein you are the one to access, control and manage your asset. Also the capability to earn and gain more money or profit is really visible although we are experiencing bitcoin's price dump right now. But after segwit, we are hoping for its price pump that is greater than the usual.
Well, I also hope that once it happens, the bitcoin price goes up again. Well, for now, maybe bitcoin prices will go down, but maybe nowadays not a few people who buy bitcoin as an investment, because could be when august ended, bitcoin price back up high.

Yes the price is surely going to rise again, even there are chances that it rise before 1st August, but will depend.
The speculation with segwit is restricting peoples to buy more.
And other than delay and rising fees, I don't see any reason for peoples to not use Bitcoins.
1052  Economy / Trading Discussion / Re: Altcoins are all down, so how do traders make their earnings? on: July 18, 2017, 06:17:41 PM
Traders, specially short term traders, doesn't really have problems regarding the downfall. As not everyday the price goes down, so they can easily make profits even when the price goes down huge. But for those who bought and the price went down, for them its just turns to be a game of patience and converts to a long term situation.
1053  Economy / Gambling discussion / Re: To Gamble or To Invest? on: July 17, 2017, 07:45:48 PM
Invest if you want to earn money and Gamble if you want to have some fun and entertain yourself.
I think one should do both as its required to earn as well as have some fun. Gamble part time, Invest/Earn full time, you do the reverse and your doom is near.
I know many gamblers are able to earn and enjoy their life as king, but that's rarest thing to happen.
1054  Bitcoin / Bitcoin Discussion / Re: Why some people prefer Bitcoin over fiat ? on: July 17, 2017, 07:15:32 PM
i prefer bitcoin, it is digital, means simple to carry.
safer if you want to bring a lot of money
All the controls are on you
Although there are still shortcomings in some respects.
But this is something better for the future

Even fiat can be transacted digitally or via bills or cheque  to bring in or move out lot of money.
But yes I agree you get to have more controls regarding Bitcoins with no questions asked by anybody.

1055  Other / Off-topic / Re: Young people should go all in on bitcoin on: July 13, 2017, 06:39:24 PM
Saying every young person should go into bitcoin is not a valid argument.
Bitcoin is not yet popular in most other underdeveloped countries of the world, knowledge of Bitcoin is still restricted to a particular category of persons and countries and not all young people are in that category.
Aside Bitcoin, there are so many things you can do as a youth and still be productive.
i think bitcoin is now becoming more and more popular not only in developed countries but even in underdeveloped countries. you can see the users of bitcoin uses in all over the world, even in backward countries like Afghanistan and so many other countries.

Absolutely its popular in some countries belonging under developed and under developed countries, difference is just the popularity level.

I agree that many young peoples still doesn't know about Bitcoins because of restricted facilities, even those who know about Bitcoin, most are least interested.
Also its not a good idea to all in, there are many things to do in life and putting all your money to Bitcoin with no liquid funds might bring one in trouble, because still it takes time to exchange BTC to fiat.
1056  Economy / Economics / Re: Bitcoin prices rise high on: July 13, 2017, 06:10:29 PM
Potentially . The more bitcoin users with the limited number of coins will make the price more expensive.
And many more factors affecting bitcoin prices in addition to numbers and users 
If all online shops in all countries accept bitcoin as a means of payment, maybe the price will be double the current price even more


This uprise to double the current value is surely going to happen no doubt, but ya it may take time. As the bitcoin users increases so as the amount of coin has to increase.
I agree to some extent that their should be limited coins but similarly their should be balance or else crime and theft will increase.
1057  Bitcoin / Bitcoin Discussion / Re: Bitcoin savings account? on: July 13, 2017, 04:45:49 PM
Are you trying to say about the interest on the bitcoins while saving them?. There isn't any wallet which offers interest on savings, may be in future we will have any.

Yes no wallet will give you interest on bitcoins but I don't think that you need any interest on bitcoins as you can easily make profits with it by selling it when price goes higher and that profits will be higher in compare to the interest that banks will pay you.

Maybe interest will be provided in future, but I also think its not necessary, but it will be just a extra addition to the profit.
But this addition might bring old peoples and peoples who likes inerest.

I think its long way as a bank or wallet can only provide interest when they can earn enough amount and I believe many doesn't as many charges very less or nearly no fees.
1058  Economy / Gambling discussion / Re: Has gambling affected your life in a good way? on: July 12, 2017, 04:42:44 AM
Monetarily gambling might not have affected me positively, but I like to gamble for fun, so mentally it has a positive effect upon my life.

It often helped me to stress out and divert my mind which disturbed my mental peace. And as I gamble for fun, my monetary result while gambling did not affected my life badly.
1059  Economy / Trading Discussion / Re: Are You Disappointed In Trading? on: July 12, 2017, 03:50:36 AM
I almost got disappointed with trading when I lost almost 40 percent of total capital of one of my account with poloniex. Although I end up leaning a lot of lessons from the lost and it happened that way to me because, I was relying on my experience of technical analysis with forex which happen to be a different thing entirely from altcoin or crypto currency trading.
to me i personally never disappointed in trading although for most of the time i face a lot of lost but never disappoint. whenever i fell disappointed in trading i tried to change my planing and trading strategies. and after that i really become succeeded and made good profit. therefore i think there is no use to disappoint in trading but to continue our struggle with a new planning.

I'm disappointed because I first thought I can make my bitcoin like x5 in a month in altcoin trading. And I faced the negative face of the markets. I lost too much and the market is still reddish.
You are expecting too much just from trading and it was wrong i guess.
500% profit is not something that you can get it easily even a professional and experienced could set a profit target around 5% to 15% only.
Your disappointment is sounds like ridiculous for me .

Lol I agree with you that its wrong to have higher expectations from trading and people feel that its very easy to make profits in trading but that is not the case and to earn huge profits you should also invest huge capital and if you invest higher amount then even the risk would be higher.

I don't think its bad to expect higher returns, but yes expecting some unrealistic returns is quite wrong and can turn dangerous against the individual.

But if one is investing for long term he/she can expect more than 100% profit, but if trading for short time with short duration, then its better to target 20-40% profit max only if the trader is a experienced one.
1060  Economy / Economics / Re: Which one is good, trading or investing? on: July 11, 2017, 04:11:10 PM
Inves
I recommend investing,
However, investing kinda risky because too much scammy sites out there and if you not aware and blindly invest highly chance you might lose your money. Invest on ICO and trading is really good yet make sure you know what are you doing.

Investing and trading both can be termed as riskier.
Very few people likes to invest as it might require quite high duration to reach a satisfactory return. So those few peoples might not just invest blindly.

But if you are considering scam coins, then its riskier in both terms for investing and trading. But investing being more riskier as its a sure loss.
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