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[LFC_Bitcoin]

Bear markets are where the foundations are laid to make serious money. I always sell a portion of my stash in the bull market & buy back in a bear market when lots of people are in tears. Buy low, sell high, simple. We’re still working on 4 year cycles, it’s quite easy to follow. I’ve been doing this very successfully since 2014.

And that's why it's said "The best time to make money is when there is blood on the streets" and what people do is contrary to this part and start selling out of panic in the bear trends and this is where they loose money but what you have been doing is impressive and that also from 2014.

You have managed to gain good profits over selling your stash also and remember your thread in WO that how bitcoin helped you change your life completely.

That’s right buddy, but it’s never too late to start. I would advise a noob now to DCA & think about bitcoin as a long term investment. It will work for them better than any type of pension. Buy what they can afford, even $150 a month for 30 years & then it would be a nice addition to a retirement pot.

Of course you could always get lucky & win a jackpot on bitcasino.io

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[aysg76]

The buy low and sell high strategy is a simple strategy that everyone can do. Unfortunately, not many can do it because many want bigger profits than we already see before our eyes. We tend to hold onto the profits we see instead of trying to sell them at those highs, which is why many of us are late to sell at those highs.

I would say it's not that simple as how to decide the high and low levels is really hard but it depends on how much satisfactory returns you get from that particular strategy.For instance you have invested at $30k and now price is at $40k so now you are in $10k profits but it's high for you but how to tell is it for market also? So you need to make decision that you want to sell or hold as it can go up or down.But on the opposite when it's dipping you can invest money to hold on for long term as price would recover.So satisfactory profit is what you can cash out timely if you can.

That’s right buddy, but it’s never too late to start. I would advise a noob now to DCA & think about bitcoin as a long term investment. It will work for them better than any type of pension. Buy what they can afford, even $150 a month for 30 years & then it would be a nice addition to a retirement pot.

Of course you could always get lucky & win a jackpot on bitcasino.io

That's right and I myself am DCA investor from some time and managed to gain some sats also and you could have considerable amount in the time span of 30 years I would say and newbies should give it a try with whatever amount they can keeping up the fees in mind.

Winning a jackpot on Bitcasino would be great addition to the bitcoin holdings then

[jcojci]

The buy low and sell high strategy is a simple strategy that everyone can do. Unfortunately, not many can do it because many want bigger profits than we already see before our eyes. We tend to hold onto the profits we see instead of trying to sell them at those highs, which is why many of us are late to sell at those highs.

I would say it's not that simple as how to decide the high and low levels is really hard but it depends on how much satisfactory returns you get from that particular strategy.For instance you have invested at $30k and now price is at $40k so now you are in $10k profits but it's high for you but how to tell is it for market also? So you need to make decision that you want to sell or hold as it can go up or down.But on the opposite when it's dipping you can invest money to hold on for long term as price would recover.So satisfactory profit is what you can cash out timely if you can.

If you invested at $30k and now it's at $40k, not many people will sell it at $40k but many of them will hold on because they want to make a bigger profit. I can say that because I experience it often and it causes me to often miss the best moments in selling bitcoin or altcoins.

Maybe if their selling target is above $50k, they can still hold it but who knows when the price will rise. So yeah, deciding on when to sell or buy can be tricky sometimes

[Haunebu]

In my humble opinion, this is actually how fomo works since people fear on missing out they are buying right after the CPI release a lower percentage than expected. Right now the price is already corrected that only means that the previous price is just an impulse.

Actually, FOMO implies a drastic price increase which isn't really happening right now. BTC slowly rose towards $24K and is moving sideways currently.

If you invested at $30k and now it's at $40k, not many people will sell it at $40k but many of them will hold on because they want to make a bigger profit. I can say that because I experience it often and it causes me to often miss the best moments in selling bitcoin or altcoins.

Most people including me would sell at $40K if we bought the coins at $30K since it's around 30% profit which is obviously great. The minority would continue HODLING for a longer period in order to score bigger profits.

[jcojci]

If you invested at $30k and now it's at $40k, not many people will sell it at $40k but many of them will hold on because they want to make a bigger profit. I can say that because I experience it often and it causes me to often miss the best moments in selling bitcoin or altcoins.

Most people including me would sell at $40K if we bought the coins at $30K since it's around 30% profit which is obviously great. The minority would continue HODLING for a longer period in order to score bigger profits.

That is a normal thought if we can see clearly our profit at that time. But don't forget that situation can tempt people to think that the price can increase furthermore so they will hold it and sell to the next higher price. I see this happened to some friends who regretted it later when the party was over and only can say, "if I sold it yesterday, I would have money," but they didn't.

[ultrloa]

If you invested at $30k and now it's at $40k, not many people will sell it at $40k but many of them will hold on because they want to make a bigger profit. I can say that because I experience it often and it causes me to often miss the best moments in selling bitcoin or altcoins.

Most people including me would sell at $40K if we bought the coins at $30K since it's around 30% profit which is obviously great. The minority would continue HODLING for a longer period in order to score bigger profits.

That is a normal thought if we can see clearly our profit at that time. But don't forget that situation can tempt people to think that the price can increase furthermore so they will hold it and sell to the next higher price. I see this happened to some friends who regretted it later when the party was over and only can say, "if I sold it yesterday, I would have money," but they didn't.

That's how greedy people take action and for that decision made for wanting more mostly they lose then regret why they didn't sold their stacks when price reached at the figure given. This is the reason why we shouldn't follow what others people sentiments regarding on more pumps to come, we should always secure because this is the most smart action can be done by us especially if we are only a small time trader/holder.

[OcTradism]

That's how greedy people take action and for that decision made for wanting more mostly they lose then regret why they didn't sold their stacks when price reached at the figure given. This is the reason why we shouldn't follow what others people sentiments regarding on more pumps to come, we should always secure because this is the most smart action can be done by us especially if we are only a small time trader/holder.

If you join the market with greed to get rich quickly and don't have any plan to save yourself in bear market, you will exit in bear market. In bull market, you will not take profit because you will join the hype and speculating crowd for new all time high.

Either what you do, cut loss, exit the market or being very hype and reject to take profit, you will end with no profit in your pocket.

You should have plan for what is your target price. Assume  you buy at $20,000 and have a clear plan to take profit at $100,000, you should at least take profit 40% of your Bitcoin, to take capital back and have some profit to enjoy.

[BitDane]

Maybe if their selling target is above $50k, they can still hold it but who knows when the price will rise. So yeah, deciding on when to sell or buy can be tricky sometimes

With Bitcoin if you are in for a long run then buying won't be an issue.  Same goes with selling since you won't concern yourself with the current price since we are in for a long term.  Those who day trade or short term investors are very much concern about the entry and exit points of Bitcoin trade since they don't intend to hold for that long and they wanted to gain profit at the shortest span of time.


About the Bitcoin price prediction contest, it is a bit tricky now that another large company jump into Bitcoin wagon.  This might bring a possible short term hype, or put more demand to the Bitcoin market that will make a small rally for Bitcoin market. 

[fillippone]

I just noticed bitcasino.io doesn’t accept Lightning Network transactions as a way to deposit funds.
Does anyone know why this feature is missing? Are they going to implement it?
I must say that I noticed that also on other casinios, maybe there is a specific reason for this.

[Haunebu]

But don't forget that situation can tempt people to think that the price can increase furthermore so they will hold it and sell to the next higher price.

I did mention that the minority would continue HODLING for the long-term in my earlier post. Why do you think there are very few crypto billionaires out there? Think!

About the Bitcoin price prediction contest, it is a bit tricky now that another large company jump into Bitcoin wagon.  This might bring a possible short term hype, or put more demand to the Bitcoin market that will make a small rally for Bitcoin market. 

Which large company are you talking about? Also, BTC will probably continue trading sideways in the $23K - $25K range at the moment if you ask me. Let's see where it ends up in a couple of weeks from now.

[Taskford]

I just noticed bitcasino.io doesn’t accept Lightning Network transactions as a way to deposit funds.
Does anyone know why this feature is missing? Are they going to implement it?
I must say that I noticed that also on other casinios, maybe there is a specific reason for this.

Maybe they didn't get much any demands toward this and so far if I'm not wrong no one talks about it that's why maybe they didn't see this as relevant feature to be added for now. But if more people will ask about this and more people discuss about good things by using the lightning network maybe bitcasino will adopt this knowing that they are truly listening to what their community like to see added on their casino.

[fillippone]

I just noticed bitcasino.io doesn’t accept Lightning Network transactions as a way to deposit funds.
Does anyone know why this feature is missing? Are they going to implement it?
I must say that I noticed that also on other casinios, maybe there is a specific reason for this.

Maybe they didn't get much any demands toward this and so far if I'm not wrong no one talks about it that's why maybe they didn't see this as relevant feature to be added for now. But if more people will ask about this and more people discuss about good things by using the lightning network maybe bitcasino will adopt this knowing that they are truly listening to what their community like to see added on their casino.

I think implementing a Lightning Network feed for the account would be good for both transaction fees and privacy.
Hope they are listening to this, even if I don’t think I am an high roller.

[Betwrong]

~
The bitcasino prediction competition is just a bit of fun, nobody enters and thinks they have a serious chance to win. Just use it for what it is, a bit of fun, basically a free lottery ticket.

That's exactly how I would describe it, a free lottery ticket, And thanks to Bitcasino we are getting one with just posting our prediction in this thread.

Promo reminder: Game of the Week came with two promotions with it this week.
Bull in a Rodeo + 50 free spins for 10 mBTC/200 USDT wagering + 7-minute boost to win 7 mBTC
~

Bull in a Rodeo is a nice slot to play. I just tried playing it for 10 minutes, and it was fun. I like it that you can play with as little as 5 cents. I like the music which for some reason reminds me of Oktoberfest in Munich, Bavaria, which I visited once long time ago. And, of course, winning 15x or 40x of your bet,





it never hurts.

[Beparanf]

Bull in a Rodeo is a nice slot to play. I just tried playing it for 10 minutes, and it was fun. I like it that you can play with as little as 5 cents. I like the music which for some reason reminds me of Oktoberfest in Munich, Bavaria, which I visited once long time ago. And, of course, winning 15x or 40x of your bet,





it never hurts.

I try my luck with 100 spin on this new slot game of PlayNGo and manage to get some profit but not huge. I like the mechanics and different twist on the game because you can get a different outcome on what kind of bulls mood will show on wild tiles. I notice that bulls in the background appearing on the locked gate. I don’t know exactly what will happened if the gate opens but I just hit multiple wild games with happy face bulls.

Anyone knew what will happened if the gates unlock and how it will be unlock.

[Bitcasino.io Support]

...maybe bitcasino will adopt this knowing that they are truly listening to what their community like to see added on their casino.

Hope they are listening to this, even if I don’t think I am an high roller.

We sure are listening I actually would like to open more polls for our thread soon. We believe the insight here is super important.

First day of the week, I spent some time trying the new game by Evo. You might have seen it on our Telegram channel as well. Monopoly with a twist. Have you guys checked it out already?

I'll leave a link here in case you haven't.

Cheers,
Karl from Bitcasino

[Saint-loup]

Bull in a Rodeo is a nice slot to play. I just tried playing it for 10 minutes, and it was fun. I like it that you can play with as little as 5 cents. I like the music which for some reason reminds me of Oktoberfest in Munich, Bavaria, which I visited once long time ago. And, of course, winning 15x or 40x of your bet,




it never hurts.

I try my luck with 100 spin on this new slot game of PlayNGo and manage to get some profit but not huge. I like the mechanics and different twist on the game because you can get a different outcome on what kind of bulls mood will show on wild tiles. I notice that bulls in the background appearing on the locked gate. I don’t know exactly what will happened if the gate opens but I just hit multiple wild games with happy face bulls.

Anyone knew what will happened if the gates unlock and how it will be unlock.

When the gates are unlocked, bulls escape from the cowshed and release the "freedom spins" stage, then they appear on wild tiles along with the initial bull. This free spin stage is pretty volatile because the first time I reached it I manage to get a "big win" while the second time I won almost nothing except 10 more free spins. I agree with Betwrong the music and the overall soundscape is excellent.

[arwin100]

~
I remember getting very, very close to the top 10 sometime back, but got thrown into the 100s just because of a small change in the BTC price which pissed me off. BTC was my sworn enemy for a moment back then.

This is how last minute game changing through bitcoin volatility and prices can vary a lot but in these competitions there are many predictions close sometimes and these fluctuations could push you down in the winning list.But this is how it works in the end and you need to be lucky also.

With predicting BTC price this is absolutely the case. Bitcoin price can change big time within a week, and no one can even tell in what direction it'll go. Once I was among the winners of Bitcasino.io's Bitcoin Predictor challenge, like this ongoing one, but I never thought it happened because I was such an expert. Of course it was pure luck.

For those people who he's predicting bitcoin price when you take it very well you know that the application always go wrong because bitcoin price prediction is not always being constant some people do the line for the currency prediction but looking at it very well it will not you that it prediction of cryptocurrency is not something we can depends on.

Although we can't depends on predictions give still those given figures are good because we can say that everyone has different opinion on what trajectory bitcoin might go and also the essence of the contest is for us viewers also participants to enjoy the content of the game. So its not good for us to believe on given figures if we want to trade and prediction contest is not good place to seek for possible price outcome in future.

[aysg76]

For those people who he's predicting bitcoin price when you take it very well you know that the application always go wrong because bitcoin price prediction is not always being constant some people do the line for the currency prediction but looking at it very well it will not you that it prediction of cryptocurrency is not something we can depends on.

I am not completely able to understand what you are trying to say but yes volatility is a major factor that affect these prediction contest and suppose you submitted a entry for $23k and the next moment a FUD or any negative news could hit the market plunging the prices to say $20k so now your prediction become wrong so we all know this and it's game of speculation only.

[Haunebu]

So its not good for us to believe on given figures if we want to trade and prediction contest is not good place to seek for possible price outcome in future.

I don't think he was trying to state that we should rely on prediction contests in order to predict BTC's price in the future. He was talking about the volatility factor.

I am not completely able to understand what you are trying to say but yes volatility is a major factor that affect these prediction contest and suppose you submitted a entry for $23k and the next moment a FUD or any negative news could hit the market plunging the prices to say $20k so now your prediction become wrong so we all know this and it's game of speculation only.

I guess he was trying to mention how volatility impacts BTC price which is common sense and basic knowledge. This is what makes these prediction contests so much fun since it's tough to tell who will win at any given point of time.

[Slow death]

~
I remember getting very, very close to the top 10 sometime back, but got thrown into the 100s just because of a small change in the BTC price which pissed me off. BTC was my sworn enemy for a moment back then.

This is how last minute game changing through bitcoin volatility and prices can vary a lot but in these competitions there are many predictions close sometimes and these fluctuations could push you down in the winning list.But this is how it works in the end and you need to be lucky also.

With predicting BTC price this is absolutely the case. Bitcoin price can change big time within a week, and no one can even tell in what direction it'll go. Once I was among the winners of Bitcasino.io's Bitcoin Predictor challenge, like this ongoing one, but I never thought it happened because I was such an expert. Of course it was pure luck.

For those people who he's predicting bitcoin price when you take it very well you know that the application always go wrong because bitcoin price prediction is not always being constant some people do the line for the currency prediction but looking at it very well it will not you that it prediction of cryptocurrency is not something we can depends on.

this is a contest that involves luck, not knowledge. even if someone has mastery of technical analysis and takes the bitcoin chart and puts a daily candlestick period on the chart, then sees support and resistance and does analysis to predict the monthly price, at the end of the month that person does not will be able to predict what the price of bitcoin will be, the most that person can predict are the possible entry points to buy and place the stop - loss, but there will be no way to say that: " until day Z the price of bitcoin will be 23000 $ ". what we are doing in this contest is just playing with luck, and this is definitely the wonder, because if the person gets this person right, they will be very happy to be so lucky