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Author Topic: I like doing bitcoin trading to earn money  (Read 2509 times)
Brewins
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July 12, 2014, 05:10:11 AM
 #21

I like gambling to earn money

The sad thing is that I don't always earn money Sad

What is your definition of gambling? I wouldn't waste money against a house edge on things like dice. But some people consider poker gambling -- but, at least at my stakes, I know that I have an edge in it. So I don't consider it to be gambling in the same way as dice.


Both are gambling anyway. While some get millionaire playing poker(or at least get a good excuse to laundry money saying it was poker winnings), others lose everything and go Bankruptcy or get killed by the local gangster by gambling debts.


More or less like trading(you can guess near what the majority comes).
wasserman99
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July 12, 2014, 05:25:22 AM
 #22

I like gambling to earn money

The sad thing is that I don't always earn money Sad

What is your definition of gambling? I wouldn't waste money against a house edge on things like dice. But some people consider poker gambling -- but, at least at my stakes, I know that I have an edge in it. So I don't consider it to be gambling in the same way as dice.


Both are gambling anyway. While some get millionaire playing poker(or at least get a good excuse to laundry money saying it was poker winnings), others lose everything and go Bankruptcy or get killed by the local gangster by gambling debts.


More or less like trading(you can guess near what the majority comes).

See, that's what I'm getting at. You can be a fish and lose everything. But that doesn't speak to the skills of a winning poker player. I've pulled enough profits out and played enough to statistically know I'm definitely not a losing player.

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July 12, 2014, 06:44:56 AM
 #23

I like gambling to earn money

The sad thing is that I don't always earn money Sad

What is your definition of gambling? I wouldn't waste money against a house edge on things like dice. But some people consider poker gambling -- but, at least at my stakes, I know that I have an edge in it. So I don't consider it to be gambling in the same way as dice.

Aren't all those sports betting, dice, poker gambling, though some are luck-based and some are skill-based?

wasserman99
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July 12, 2014, 07:28:24 AM
 #24

I like gambling to earn money

The sad thing is that I don't always earn money Sad

What is your definition of gambling? I wouldn't waste money against a house edge on things like dice. But some people consider poker gambling -- but, at least at my stakes, I know that I have an edge in it. So I don't consider it to be gambling in the same way as dice.

Aren't all those sports betting, dice, poker gambling, though some are luck-based and some are skill-based?

Sure, they are all gambling. It's betting probabilities. I just think there is a distinction to be made between luck-based and skill-based gambling. I, for one, don't touch the former. But poker, I'm down with.

WillyBTC
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July 12, 2014, 08:54:17 AM
 #25

Poker, dice, sports betting -- I like it all! It's all gambling in my book. Smiley
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July 12, 2014, 11:06:17 AM
 #26

good for you, dear "2 posts" user  Smiley

Nah, he has just made 1 post (this one) to brag about his trading profit. Smiley

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July 12, 2014, 11:10:10 AM
 #27

Day trading has close to 100% failure rate.


I would not say 100 percent.  Make informed decisions, and most of all don't go all in to one coin.   And keep some in BTC and well known Scrypt coins.   There is great profit to be had on alt coins but don't just throw money at it and assume instant profit.  And do it slow learn and don't just jump in with all your coins at once.

People who rush into day trading are usually the impatient type. Most will not survive the first year while the learning curve is well longer than a year.

When being patient and doing a lot of research before buying, and keeping your emotions out of your trading, it really isn't that hard.
If you never sell below the price you bought at, and keep your eyes open to sell on pumps, profits are to be expected. That is if you are modest and consider 10% profits as good; many seem relunctant to sell under 100%.
It's the age old quote; "Greed rules us all"

nicojuritz
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August 22, 2014, 11:34:41 AM
 #28

Day trading is a bit risky in my opinion.
Gnarrrly
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August 22, 2014, 02:19:48 PM
 #29

I like to work in McDonalds to buy BTC
gelar24
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August 22, 2014, 04:04:04 PM
 #30

I like doing bitcoin trading to earn money  Grin

yes I used to play like the first time trade week is the BTC 0:01 capital can be 0.1 BTC.

but the more I come here often loss due to waste coin
gelar24
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August 22, 2014, 04:07:09 PM
 #31

Day trading is a bit risky in my opinion.

ya right increasingly at risk because many new coins and coin sometimes it quickly dies.
and due to the impact of stellar coin, coin coin others so degenerate
On1X
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August 22, 2014, 06:25:09 PM
 #32

I like doing bitcoin trading to earn money  Grin
Me too but i quit i was addicted and had no sleep anymore.
iluvpie60
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August 22, 2014, 07:46:13 PM
 #33

Day trading has close to 100% failure rate.


day trading does not have close to a 100% failure rate... theres no way you can actually  calculate something like that.

anyways, its very easy, but some coins for a low price and hold for a few hours, see if th eprice goes up 1% and sell. the transaction fee is only .2% so if u make 1% trades throughout the day and get like 4 or 5 done u made 5% that day.

just be patient.
furlong
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August 22, 2014, 10:16:16 PM
 #34

Trading haters cant just say its the same as gambling, if you know what you are doing you have more % of success, of course there is big luck involved.
soccosocco
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August 23, 2014, 10:50:09 AM
 #35

I like doing bitcoin trading to earn money  Grin
yes i also like trading, but somehow now I loss continues
Because many new coins which ended scam
for me it was risky job, you have to prepare mentally and good luck

Talukdar001
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August 23, 2014, 11:20:14 AM
 #36

I also want to make money through Bitcoin trading. I also thinking about BTC mining. As a new member i am not so sure what would be best and secure for me. So what should i do now?
PangPang
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August 23, 2014, 02:58:45 PM
 #37

I also want to make money through Bitcoin trading. I also thinking about BTC mining. As a new member i am not so sure what would be best and secure for me. So what should i do now?

Trading is risky, and you should try trading with a little bit of bitcoin first.
For bitcoin mining, you should use a calculator to check the expected profit under your electricity costs.

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August 23, 2014, 03:04:33 PM
 #38

I like trading fiat money for real money.  Wink

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
Daniel007
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August 23, 2014, 04:31:43 PM
 #39

It is true that trading is the best way to make money from Bitcoin. But you need to be experienced on it. If you are a new comer then i will suggest you to spend more time on this forum.

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August 23, 2014, 05:21:42 PM
 #40

I lost 0.15 BTC in Mazacoin back in the day  Roll Eyes
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