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Showing 20 of 328 results by LuffyD.Monkey
Post
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Board Gambling discussion
Re: Gamblers needs to control their emotion!
by
LuffyD.Monkey
on 21/06/2019, 10:30:38 UTC
This only happens to people who are so desperate to make money without really working for it and such spirit is not good because at the end of the day if you invest all your money and the result turn negative the result will not be different from what we saw in the article you submitted above.

If people don't work in any of job and only depends on gambling, that will be difficult for him, and it could only make him lose in many times. As we know that gambling is an activity to having fun, we need to treat gambling as its what should be.

He needs to have the power to control his mind in gambling because whatever what is the result, his chance to lose his mind and his money will be there. Besides that, if he decides to invest all of his money without having strong control of himself, he can not have survived in a long time.
Sometimes I find it really hard to believe that there are people like this out there even when I read such stories. Like how can a man depend on gambling without having any other side hustle considering the very uncertain nature of gambling and a game that can be so unpredictable.

I want to believe that most of the shared stories are mere fictional and not real because if its real, I would say that there is something wrong with the player because gambling is a game of entertainment, meant to relieve stress and its not expected for such a game to cause any one stress or tension, gamblers who indulge in the act of desperately looking for money in gambling might need to seek medical help.
Post
Topic
Board Economics
Re: Is institutional capital good or bad for Bitcoin?
by
LuffyD.Monkey
on 21/06/2019, 08:25:41 UTC
The debate is still on-going if large investments from institutional firms, would be good or bad for Bitcoin in the long run. Some are saying it will bring more volatility and others are just happy that the price will probably go to the Moon.

There are also conspiracy theories doing the rounds that these institutions will use their financial powers to destroy Bitcoin.

Some are even saying that the small fish will be eaten by the big sharks. Let's consider the impact of this and how this will change the Bitcoin scene.

Will Bitcoin go 100% commodity & store of value or will it still be used as a currency? 


Uuhm I think there is going to be both the advantages and the disadvantages. Institutions will help to increase the volume of trade for crypto, cause they will be investing and trading huge amounts of money and that means that the cryptocurrency market will be growing really fast in price. But my question is whether they are going to hold their capital in Bitcoin forever? Maybe one day there will be a better option for them and that means that they are going to leave Bitcoin for sure and go for something else, which will cause the market to fall and when it starts falling, smaller investors will start running from it as well, unless they are ready to bear the losses.
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Board Trading Discussion
Re: I'm a full-time crypto trader. Here're my recent trades & answers to questions
by
LuffyD.Monkey
on 19/06/2019, 06:39:16 UTC
You're doing really good in trading and I can see why you have decided to make day trading your full time job, that's cool. I will also like to be really goof in trading but not as a full time trader. I just want to be good enough so I can do trading part time and also focus on my other business as well and earn double income from the both of them. The thing is that I don't know whether I will be able to learn trading since my main job occupies much of my day time. But I'm still going to do my best to learn it, cause its really going to help me.
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Topic
Board Trading Discussion
Re: Why trading is unhealthy?
by
LuffyD.Monkey
on 15/11/2018, 07:03:43 UTC
It depends on your time-management and character. Trading is very stressful and you should keep your emotions. If you trade whole day, it's really unhealthy. But if you have certain timetable, it can be a perfect hobby!
Everything depends on the person doing trade. Those people who are strong in their mindset and the power of determination are stiff, those are successful people. Your time management and patience, these two characters must be exhibited by a trader so that things can run smoothly. Trading isn’t easy task, hence keep these two shrimps alongside.
Some says trading is easy and some says it is harder than stone. You might have heard some other opinion as well but the whole story revolves around this line. Everyone who is willing to trade or invest in this bitcoin world needs to understand some basic rules. This contains a splendid determination and mindset controlling powered along with huge pole of patience.
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Topic
Board Economics
Re: Can human stupidity affect the movement of the market?
by
LuffyD.Monkey
on 28/09/2018, 11:39:14 UTC
Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?
People are the major fuel powering the crypto market. News which attacks cryptocurrencies only evokes FUD in the atmosphere and with this, a good number of potentials investors are turn away from crypto due to the fear of losing their investment. It is very necessary to be careful with the kind of topics, comments, and news we create about the crypto market.
No, I do not think so, because not everyone will make mistakes while taking his decisions about his holdings. It is not a small market that will be influenced by the wrong decisions of few people. Wrong decisions will affect persons individually but not overall. Huge investment or withdrawal can affect the market, as it is today that people do not want to put their money in it and the price is not growing.
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Topic
Board Speculation
Re: This price drop has occured before
by
LuffyD.Monkey
on 26/06/2018, 12:17:45 UTC
They say that history repeats its self. Maybe this is the history of the bitcoin price that tends to go up and down in a certain span of a month. I even check the graphs and I have also notice that the bitcoin price drops mostly on the end and start of the year. But when the end the third quarter and the start of the fourth quarter the prices are gradually climbing up.  We just hope that the trend remains the same as the history repeated. It could be great if the price goes along with the historical price increase and decrease as it could be a major guide in crypto trading.
It is true and let me describe this that it is very known to all of us that Bitcoin has been going through such situations in the past and we have seen recoveries after many down falls so this is a process depending upon the demand rate. The demand rate if improves in the upcoming days then we will see a better value in future. Besides all these things the only focus is to be on your decisions according to the conditions of the market.
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Topic
Board Speculation (Altcoins)
Re: Ethereum prediction in 2018
by
LuffyD.Monkey
on 26/06/2018, 11:44:03 UTC
I think it is very difficult to skip or replace the current bitcoin position. I honestly do not expect that to happen, what I expect is that both remain in that position and the price keeps rising. Then everyone will be happy.

For me that is exactly the future of crypto, those coins will be always at their possitions and they will be going up when market will recover, future of crypto need to be like this.
In order for both to remain in the same position, both should have a same price appreciation but if we look at the past years, we have witnessed that the value of Bitcoin rises more than the rise in the value of ETH. Having said that, I would love to add further that in years to come, Bitcoin will still have a status much higher than ETH. ETH is also expected to go beyond $2000 in the current year. All we can do right now is to wait and hold our portfolios. This is time to stay calm and passionate.
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Topic
Board Speculation
Re: Bitcoin - Game over
by
LuffyD.Monkey
on 25/06/2018, 11:20:29 UTC
Bitcoin normal movements are actually acts like a bubbles that bloom and burst, and we all know that market price of bitcoin today is dropping at the lower, but it doesn't mean that it is a sign of game over, and I'm pretty sure that for the next coming days the price of bitcoin will surely rise again.
That's true because the price volatile in the market it doesn't mean that bitcoin will stop the game actually it's started and you will see bitcoin will surprise all people in great increasing.
The Bitcoin is in difficult situations is a truth but we have seen its recovery after down falls many times in the past. The price was low in the start of 2017 Last year and then recovered to a highest value. Similarly the value is going low in 2018 and took too much time to recover but we know that it is a long term investment and we should wait for it to go high and we would be able sell then.
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Topic
Board Speculation
Re: Patience is all we need
by
LuffyD.Monkey
on 25/06/2018, 10:45:49 UTC
Actually, it is not very few number of noobs in cryptocurrency business that comprehend the level at which patience is required and important in the business. It may be a cliché, but there is truth behind the line “Patience is the virtue”, especially in business. Running a business is not for the faint of heart, and not for the impatient either. Even if you have a great product or service, great process, and great employees, your business will require you to stay committed for the long-term. I got a few coins couple of weeks back, which I chose to hold while it was plunging however I continue holding with zero dread and just absolute patience. My advice to my colleagues is all you need is buy into coins with good potential like bitcoin and relax even while it’s at dip. Presently, i’m In over 30% profit in all.
That's true because all people that have successful life is have a patience. And it's important to crypto user that have a patience because it will bring you in good life and give you a good profit.
Now we are noticing further and several more drops in value and all this is due to the demand of people as we know that due to decrease in the rate of demand the value is dropping and we are suffering but all we need this time is patience because we know that after each down fall it recovers again and at the end give us huge profit. Since it is a long term investment so wait till the recovery of the market.
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Topic
Board Economics
Re: Economy going up and up everyday
by
LuffyD.Monkey
on 25/06/2018, 10:13:11 UTC
  I know that crypto currency is needed for all citizens expected  a happy life.the more we invest in economical purpose, the more we have been benefited . economy is going up greatly in the world. it is an important to the people being involved such a life leading process.
This is agreeable. As much as someone invest in something, he would be getting bigger profits. But for it, you must be having something extra ordinary with you in form of money or assets. If you don’t have handsome capital, then never go for other option. Some people emphasizes on getting loan from others to invest big capital. Never try this option as it would be harmful for you.
This loan thing is horrible. I have seen many people falling prey to these useless and cunning loan policies of the banks and insurance companies. I am strictly against about taking loan for investing into businesses like real estate and crypto currencies. I am not in favor of doing this because you are never ever aware of making the desired profit in these business which could ultimately put you in trouble.
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Topic
Board Exchanges
Re: Hitbtc death?
by
LuffyD.Monkey
on 23/06/2018, 11:21:48 UTC
I don’t know for sure, but I was about to go for it before I decided to make some research about it and stumbled across a lot of post online and even on the bitcointalk.org forum claiming that Hitbtc is a scam. So that made me to quit from it, I can’t take such risks. I don’t usually go for anything that has a bad reputation, cause I can’t risk my hard earned money, I know the sweat it took, it wasn’t easy. And losing it just like that, no matter how little I lose, it’s something I can’t afford. But God help us.
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Topic
Board Speculation (Altcoins)
Re: Best Time to Sell Altcoins
by
LuffyD.Monkey
on 22/06/2018, 11:49:39 UTC
The bes time of selling your altcoins is the end of every year . Always in this part of the year altcoin rich ther maximum .

Cryptocurrencies are naturally volatile in price, that is why we can't predict when it will rise and when it goes down. So, for me, sell your coins when the price gets higher than the ICO price and when you think that you really can get a good profit from it. Take that big advantage.
Generally we know that any product when we buy on low price is a benefit and we sell in a high market if we want to make profit. Similarly like Bitcoin we should buy Altcoin in its low market so that we buy coins on low amount in large quantity. This is a benefit in the start and then we sell the Altcoin in its high market on high price in order to make enough or maximum profit.
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Topic
Board Economics
Re: Facebook bans ads for cryptocurrencies
by
LuffyD.Monkey
on 22/06/2018, 11:18:36 UTC
Many suspect that fb banned advertising for electronic money because they are launching a new coin. According to a Facebook statement, the new policy prohibiting ads related to coding money or the ICO on the network. These two billion people are "often associated with unclear promoters"
Yeah this is the main reason that they banned cryptocurrency ads on Facebook. I think their statement is false and will not affect crypto investors. I don’t have anything to do with Facebook. I will not rely on Facebook statements. If I want to invest in crypto I will search the market and look the trend of the people and step forward towards investment.
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Board Speculation
Re: Bitcoin price stabilizes?
by
LuffyD.Monkey
on 22/06/2018, 10:40:09 UTC
The crypto-currency market has high volatility. One of the main reasons for such extreme volatility is the lack of liquidity. The volume of daily trading bitcoin and other major coins significantly decreased after a major correction in January, along with the price of bitcoin
Stability depends upon the strength of the source; if the strength is fine then it is stable while it is unstable if the strength is not fine. We know that the strength of Bitcoin is good but affects by the demand of people. The demand of people is responsible for the strength of Bitcoin, with increase in demand generally increases the market price and hence the market gains stability but sudden changes in demand make the Bitcoin unstable.

Post
Topic
Board Trading Discussion
Re: The Bear may be good for us
by
LuffyD.Monkey
on 06/06/2018, 11:56:49 UTC

We are in a bear market, (granted, it's easing up a bit), but it's a huge dip, since we had the $20,000 ATH hit sometime in December 2017. So here are the Silver linings in the dark clouds..
More FUD resistance. Well consider this just like a vaccination. We all have that Fever that follows vaccines. But the good thing is it shoots up our resistance, our nerve. To handle bad news
Okay, at least with passing time, we are seeing less of useless forks. Why? I truly believe by next bull run, most useless forks will fail to gain use and market shares and would eventually drop off, and original ideas will dominate
No more shitcoin.  Coins like bitcoin gold, diamond, platinum, sapphire, ruby etc etc. If this market continues for a 1 more month, we would be rid of shitcoins.
No more moon-heads. This particular issue can really rankle me up. You won't read 2 posts without a 'when moon' or 'when lambo' post popping up somehow. Especially in Telegram threads
Mass adoption. Technology will advance. I With tech advance we will see adoption rates going up. Technology like Ripple, Nano would get some look-ins
The real HODLers would be shown. And this would show peeps that really believe in projects. Not just 'get-rich-quick' guys


You have a point when it comes to the bearish market. While some of us think that bearish market is bad, others think of it as a good opportunity to buy during the dip. If only I had enough assets to trade for better coins or tokens to buy in the bear market, I could have earned a lot right now as the bullish season has started.
All those who buy when the market is going down continuously are the really smart players of the market. We all should keep in mind that we can make money only if we are investing at low rates, selling off at high rates and again buying back at cheap prices. If you are not going to follow this three stepped cycle, you are not going to make money here at all. Definitely you will be losing then which is going to make you hate it.
Post
Topic
Board Gambling discussion
Re: FIFA WORLD CUP 2018?
by
LuffyD.Monkey
on 06/06/2018, 11:24:34 UTC
I have no idea who'll be the winner, what I wonder is what'll happen to Brazil... They were playing like shit yet they still managed to take the 4th place in 2014.

They were glorious in '98 and '02 and any tournament after those was a piece of shit.
The team of Brazil is not like it used to be. On the last cup they gone well till Neymar didn't get a trauma, after that they couldn't recover and lost. I do not expect from Brazil this cup much, my favorite is Germany.
Past and future are always two different things and if Brazil had a bad past regarding this world cup, that doesn’t means the same will happen with them this time also because last time the play maker of Brazil; Neymar got injured and couldn’t play the final for his team and as he was captain, the whole team’s confidence got lose and in result of that the lost the cup but this time, hi is playing the tournament.
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Topic
Board Gambling discussion
Re: Shyness in gambling
by
LuffyD.Monkey
on 06/06/2018, 10:50:42 UTC
When i came in casino for the first time? Yes. Im sure a lot of here experienced it that too. It makes me feel more deeper to think that i have this certain amount of money in me and all the people there have millions and shy enough to join them. Now im just sitting there playing, minding my own business.
Not everyone can be a millionaire in this world so we don't have to being shy for how much money we have,but the crypto gambling overcome these kind of problems we ca play anonymously even with few bucks and try our luck to be a millionaire. Cheesy But playing among the real millionaires is an real excitement and if we win against them it will give some extreme pleasure. Cool
We mustn’t shy in the world where everyone is earning money from some respectable source and no one is ruining their lives for this purpose. But we must shy in bad aspect when someone is going to casino either it is online or traditional and think of earning money from there. This man should know the reality before he invest everything he had with him. We have to awake up.
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Topic
Board Speculation
Re: Will BTC again Fall down at 7k?!
by
LuffyD.Monkey
on 06/06/2018, 10:18:50 UTC
this option can not be ruled out, the prices in the world are crypto impermanent and we can not be sure that tomorrow the price will not fall to this mark
Maybe yes or not, this is true we are not really certain on the movement of price tomorrow onwards. If you look at the current market we are seeing a slow moving of price at least it turns green. What we have to do is observe and don't lose hope.
That's something we can't predict, market keeps on moving upward or downward every minute, hour and day. We have to set our mind that this is normal, we should not panic and decide quickly. Instead the more we need to improve our knowledge, study chart, roadmap, understand the market, and read a lot. It could fall down at 7k or not, what's important is that we have a back up plan and knowledge to manage price fluctuation.
we need to make plan A , plan B or even plan C is market goes down again to $7000 or even more than.and that plan can decide when we looking at technical or fundamental .so that's why we must improve our skills in market.
Bitcoin few days ago fell down at 7k dollar and this 7k dollar followed a constant increase trend after that which is very necessary foe the market to recover again. The market value after its fall remained stable for some time in the value equivalent to 8k and 9k dollar. The value after this stability fell down at 7k dollar and right after that constant increase started. This constant increase will enter us into a market where our coins have highest possible values.
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Topic
Board Speculation
Re: Bitcoin price improvement in 2018
by
LuffyD.Monkey
on 06/06/2018, 09:48:29 UTC
Global cryptocurrency investors are showing their enormous interest on bitcoin due to bitcoins upcoming bright future. 2017 was a great year for bitcoin.Bitcoin reveals its power to the global economy.worldwide investors are funding their assets to bitcoin now.i think bitcoin will set a new benchmark on 2018.Rival merchant organizations are feel free to invest and work with bitcoin now.its just a matter of time when bitcoin will rule the global economy.
Yes, you are right all this is just a matter of time. All will be beautiful in time and we can only wait that time. I believe that one day Bitcoin can rule the global economy. Because I see the development of Bitcoin growing rapidly and Bitcoin prices will continue to be high every year. I am sure that the price of Bitcoin this year will be much higher than last year.



I agree. I think the sudden decrease of bitcoin these days is just a preparation for higher increase that's coming. If we come to think of it, this is actually a great opportunity to invest and buy bitcoin . now if some won't strike the iron while it's hot,then that will be their loss.

Or wait for the TA signals.  WHO THE FUCK CARES? LOL ... Or watch and get in on FA signals upon the rise.  I mean ... What the fuck is this post about other than bullshit?  It's pretty obvious ... Sell while you can and buy back at a lower price ... HAHAHA  Wink Grin Grin Wink
Yeah! We should get hold of our shares as soon as possible or the upcoming harsh increase by investing into bitcoin at the moment. There is no need to cry over spilt milk and people do this when bitcoin is on the peak of its journey. Right now the iron is really hot and it would not demand high level of energy for striking it successfully. I am impressed that there are still many people who are optimistic regarding bitcoin.
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Topic
Board Speculation (Altcoins)
Re: Which coin should I invest in?
by
LuffyD.Monkey
on 05/06/2018, 07:26:55 UTC
One of my option is, you invest some to the BTC, ETH and ADA, it may be good if you put it on 50:20:15 into those coin, and the others you can choose one of the big losers in the coinmarketcap, buy low and sell high
One of the most important factor which can then help you in making the right choice of the coin in which you should make the investment is your financial status as you cannot invest in coins like that of the bitcoin if you don’t have this much of the money. You need to look for all the coins which you can afford to buy and then you must choose the best possible coin out of these coins.