Despite the fact that there is something called beginner’s luck, the number of players who win at their very first bet is really small. This means they have to persevere in order to win anything. The life lesson one can take away from gambling is that nothing is going to come to you without work. If you procrastinate instead of persevere, you will never win, so forget about procrastination and keep up the pace, trying over and over again, until you do reach your goals. The personal satisfaction is going to make it all worth! But be careful, the goal maybe will kill your finance with long losing streak.
The main problem you are going to face with gambling is losing your hard-earned money. When this happens more than three times in a row, it’s time to acknowledge the problem and let it go. The same goes for your life: there is no reason to try to hide your problems; they will still be there, and they’ll get even bigger if you ignore them, so the only right thing to do is confront them. Deal with your problems, try to solve them, then move on and tweak your lifestyle so you can prevent similar issues in the future.

-Mining: There are various ways to get into Mining without the requirement to purchase the hardware and this can be done through companies that offer you the facility without the maintenance and running costs and is built into a contractual cost with a notional return on the sums invested.
-Trading :Trading requires skills and practice to know the entry and exit points and one cannot simply think that Bitcoin or whichever coin you select is going to rise in a straight upward climb, there will be twists in the road.
So after i tell you what is mining and trading you can completely know they are different.

As traders, our job is to take advantage of opportunities in the markets. Sometimes, these opportunities come in the form of entirely new markets. I've been interested in cryptocurrencies for a few years now, but I've been very reluctant to trade them, much less write about trading them. I felt that there was just too much risk. Especially for the average trader.…and quite frankly, I didn't understand them well enough myself. Anyway, as I have done more research and have actually started trading them, I have found that there are tremendous opportunties. With some coins, it's potentially like being able to get pre-IPO.

Bitcoin has a decentralized p2p network, meaning it is censorship-resistant and lacks a kill-switch. Think BitTorrent except with counterfeit-proof payload (tokens). Bitcoin is also open source, meaning anyone can read the source code and contribute. People do so daily. No backdoor or lie lurks in the code. Hence Bitcoin is what it is and govt cannot stop or change it - provided we constantly guard Bitcoin security. With all these features, you could believe that bitcoin is the most security coin is cryptos world.
Central banks are, however, developing their own private blockchains and they will soon be issuing cryptocurrency fiat to replace anonymous cash and as a means of doing surveillance. They will sell it to the public as being "based on the amazing blockchain technology". But without open source code, without open participation (mining by anyone), the cenbank blockchain won't be decentralized and tamper-proof - it will be a sham and a coercion, as you describe. Bitcoin is revolutionary. Voluntary. The real deal. Money for the people by the people.

Whether it's the Chinese, or the Koreans, or the Russians or us Americans is anybody's guess at this moment, but what it looks like for a few cryptocurrency players out there is that the Chinese have found a new way to get back into the game. China banned initial coin offerings and bitcoin exchanges in the first week of September. The ban caused a precipitous drop in cryptocurrency flows worldwide. China's ban is likely temporary. The U.S. and Japan are quickly moving to create rules that will help to legitimize cryptocurrencies by giving investors protections under existing securities laws. That will help companies raise capital through alternative methods, rather than via venture capital and the equity markets, potentially opening up a whole new financial market. Most crypto-currencies have recovered since China took a hammer to the two biggest names: bitcoin and ether. Bitcoin prices are over $4,000 again.

You have gained much awareness of yourself and of your thought patterns which previously helped you to explain the benefits of gambling to yourself: to celebrate and to escape. It sounds like you have in the past often found it hard to cope with urges to gamble and focusing on potential benefits of gambling has made it easier for yourself to give in and to gamble again. You have now discovered that these explanations don't work for you any longer and you focus on the impact which gambling has on your life: it creates problems for you. This is a really good step forward, while you keep in mind how gambling affects your life, it can also help you to learn how to best cope with urges you may be feeling. Continuing to write it down here on the Forum can be a powerful strategy in itself.

It's not that hard if you're doing it in the right way and i will suggest you a good method : Seek help. Look for books or courses. Self-hypnosis for gambling problems can also be helpful. Consider joining an online gambling addiction forum. Even if you do not join, reading other people's stories may help you realize that you are not alone. It is crucial that you realize that you are not the only person with this problem. Many share your plight and are looking for answers and support from other gamblers. Again, there are resources at the bottom of this article that may be of some help to you.

Even if a person is not entirely addicted to the point of compulsion, it is possible that their gambling habits may not be entirely in their control. A problem gambler is someone who has some sort of gambling behavior that is disturbing their normal life. This can often be identified when a person begins to find themselves chasing losses, lying to loved ones about their betting habits, or starts to realize that they cannot seem to stop themselves from gambling more and more often. So it's really hard to confess your gambling problems except you have no money and no ways left to go. I used to be one of them so that why i know so well

I like the idea of using leverage with low beta/high yield/high quality companies. People who have never seen a significant bear market seem to rely too much on extrapolating from the historical average as if the market will never lose half its value again. If you use Interactive trader absurdly low margin interest and buy crypto currencies, you'll be more resistant to downturns than if you were holding the whole market and you'll be paying the margin loan passively with dividends. If you want to use leverage, this seems like a much better way to do it in everything but a screaming bull market.

Bitcoin was supposed to be a currency, where a person can send any amount of Bitcoins to any other person in any part of the world within 10 mins and with lowest possible fees. But now, due to a major increase in Bitcoin’s popularity, the time taken for completeing a transaction has increased and is taking more time than 10 mins. In some cases upto 2 hours and in some extreme cases, Bitcoin was not even transferred. Also the fees is rising day by day. All of this is not for which Bitcoin was developed. As a result, if further actions are not taken up by Bitcoin development team, Bitcoin may start to loose it’s value( which will probably not happen).

Billionaires are the people that they never gonna miss any opportunities to make money, so Bitcoin is the new major that they could try and trust me , Bitcoin already made many normal people becomes billionaires. So Bitcoin billionaires actually are investing much in Bitcoin and they deserved it cause they're the parts which help Bitcoin become strong like today. It's a long process to improve the position of Bitcoin to the world for now. Things are going like that with Etherum for now but Etherum is having a easier way to development cause the world arealdy accepted crypto currency even it's slowly.

Bitcoin isn't the strongest currency in the world, it's only the strongest digital currency in the world at this moment, cause it's holding the biggest market cap for now. Cause there are more conditions needed to become the strongest currency. I thought the biggest currency in this world for now is USD. Bitcoin needs more time to take over the marketcap. The first thing , bitcoin needs the most the it should be accepted on payment in every countries all over the world. That is the first important step which Bitcoin need to overcome. Then things will be more easier. There are already no opponent for Bitcoin in the digital currency for a long time .

Honestly, I have been trading for about 2 years seriously and can say I don't like the term "full time trader" nor do I think anyone should aspire to be such, let me articulate a bit. First of all trading isn't a linear profession in that if you sit in front of your computer for 40 hours a week it doesn't result in X income -- to the contrary you will have weeks upon weeks of grinding out small gains or losses near break even followed by a few weeks of the year where you probably make over 80% of your yearly income. The thing is you can't just be on vacation during all that down time as the setups present themselves in windows and they come and go quickly enough that if you aren't holding your finger to the pulse of the market you will miss most of the moves. So in order to do so you still need to be engaged but I would say you should find other things to do to make money and occupy time that is of productive nature -- that includes trading other markets as well as doing work completely unrelated to the markets to keep your mind fresh.

Ether's inflation is "linear," meaning it issues the same amount each year. This year, we started at around 75M and add 15M, for inflation of 20%. If we still had the same rules in 10 years, we'd have 225M, add 15M, giving inflation of 6%. The etherum's inflation rate will probably reduce once it transitions to proof-of-stake. Many people have the impression that it will stop entirely, but that's not set in stone at this point. The proof-of-stake algorithm is still in development so we don't know exactly what it will look like, and some of the existing proof-of-stake currencies do have inflation. Some ethereum developers have proposed zero inflation, others think a small amount of inflation will be better. What they have all promised is that the inflation will be no higher than now.
Note that with fiat currencies, inflation generally refers to price inflation, not absolute currency amounts. As long as you don't grow your currency faster than you grow your economy, prices are stable.

There is a lack of liquidity. As the price moved above the level where it was profitable to mine bitcoins, prospectors moved from creating new bitcoins to buying existing ones. This simultaneously push up the price and reduced the overall liquidity. The effect was an acceleration of the price once this hardware mining threshold was breached. So in summary, the appreciation of bitcoin can be attributable to the interaction of these three components. Add to this straight speculative frenzy, visible in all bubbles, and you have the history of bitcoin so far.

I have had the honor of regularly fielding questions from intrigued friends, colleagues, and family members on all things blockchain. While I’ve played the role of expert or, at the very least, slightly more informed seeker, I have found that I have learned far more listening to and answering questions than my questioners have from my answers. Every conversation helps illuminate those aspects of blockchain that both are interesting and confusing enough to inspire probing questions from smart, intellectually curious people.

I know i know, some morality guys will absolutely say that " Money isn't everything, money is nothing at all or humanity is better than money, etc..... " . But can you see the facts in your own life ? People do everything to earn more and more money even it's unethical , harming the humanity . Even in one family, Brothers/sisters are killing each others for the right to inherit some assets from their own parents. So would do you say about that ? I know you all are taught at school that have to be nice, have to be polite,etc.... But when that thing is related to money. The answer is a big Money > God.

Don’t take anyone’s advice about what will happen with the currency, do your homework, learn about Bitcoin and come to a conclusion. Personally I believe we are just starting, but that’s my own opinion and you shouldn’t consider that as investment advice as well. You should figure out by yourself about at that moment, the price is good or it isn't. You have to do it by yourself cause you will not regret it if it's not success at all. Some people would like to invest their money into mining Bitcoin. For the past few years mining Bitcoin is only profitable if done at large scales. This means you will need to get expensive mining equipment and hopefully have access to free electricity. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.

The Gekko trading bot is an open source software solution hat can be found on the GitHub platform. It was last updated a month ago, which seems to indicate it is still being actively developed. Using this automated trading bot seems rather straightforward, as it even comes with some basic strategies. It is not a high-frequency trading bot by any means, nor will it exploit arbitrage opportunities. With a good list of supported exchanges, Gekko could be worth checking out. You should check this out, maybe it's fit with you.

One fact of trading that’s best to make peace with is that you’re never going to perfectly time your buys and sells. What are the chances you’re going to purchase at the exact bottom and sell at the exact top, coupled with putting enough capital into the trade to make a dent in your wealth. Trading is not cut in dry in the sense that there is only one set path to take. Every person has different goals in investing and trading, and cryptocurrency trading is similar in that regard.