Trading is also gambling even they are different activity. You can say trading is like sports betting you have to study first the team that you are going to bet before betting , in trading you have to study first the coins before investing money from it. Trading is just another platform but it is still gambling because there is still money involve and you are still risking money in it.
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I think best thing to do with 0.01 Bitcoin and try to make more with it is by playing Poker or Sportsbet. Because in this type of game you dont need too much luck. What you need here is brain and strategy, unlike if you played 0.1 in Dice the higher your chance of winning the lower the profit you get. In Sportsbet if you are a fan of sports then it is the type of game for you to multiply your 0.01 Btc
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To stay away from gambling one must focus his/her attention to other things besides gambling. Focusing in your full time works, or if you do not have work yet then focus in other things. Like me instead of gambling i focused myself playing mobile apps and if i get bored again then i try to program mobile apps.
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I never cried in gambling even i lose a lot of money because it is my own doing why that happened. I just use that moment to realize what are my mistakes, what are the solution that i can do and how will i recover the amount of money i loss that time.
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I think you are mistaking that it is hard to give up gambling because i was able to stop gambling for a long time of period especially when i decided not to exchange flat money to Bitcoin. It stopped me from the temptation to gamble again. Another way to be able to stop gambling is find an alternative hobbies for me instead of gambling i just play mobile apps or sometimes i create mobile apps for past time.
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I am greedy in a way that i do not stop playing until i lose every bits i have. Even when i am winning i still continue to play thinking only to win more until i loss and i try to recover but instead recovering i end up losing everything . Then when i don't have Bitcoin to bet anymore that is the only time i stopped playing.
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Most of us lose to the house because we do not have the capability to recover from our losses because of the small amount of our money or bitcoin. But not all people who gamble losses to the house , some people who have lots of bankroll to burn wins against the house plus they do know when to stop. Unlike most people they are already winning but they still kept on playing then in the long run every balance they have are gone.
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If you have extra money to invest in Bitcoin casino then YES. Investing is a good choice because you will earn surely in the long run, But you should invest a big amount so that you'll be able to feel your profit. And before investing review the gambling site that you are interested to Invest in, make sure that there are lot of players , the casino is running for a long time and make sure that the casino is well-known. Goodluck
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My answer to this is depend on the outcome when i am gambling. If i win in gambling then gambling can help me with some of my financial needs like buying gadgets etc etc. but when the outcome is negative profit then instead of helping me with my life , it will give me headache and problem how will i recover those losses.
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For me Sports betting is better than other type of gambling specially if you are a sports fan. Because in sportsbet you are hitting two birds with one stone. What i mean is Cheering your favorite teams while having a bet on them so if that team win you will get the fun for watching your favorite teams and you'll get Money for betting for your favorite teams.
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If you are a newbie in trading i suggest you start from a small amount until you figure how things works in trading. Experiment that small amount in trading and when you feel that you are getting good at it then you start investing more Bitcoin or Money in trading. Goodluck
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I actually mean playing poker professionally,like taking part in tournament's,etc. Do you think that it is considered all across the world as gambling?
Yes playing poker is a gambling activity, being part of a poker tournament is a gambling also because you are competing to win the tournament prize. Just remember any game that has a risk of gaining money or losing money is gambling. Even investing is a gambling also.
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Having a lot of experience in something is a big advantage especially in Gambling. I know a lot of people who have a lot of experience in poker or in sportsbet and i assure you they are making profit in those game. Yes they still lose most of the time but they are not losing everything.
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I think with higher bets you are getting higher risk with higher potential reward. In other words, you can make a lot more money, but you can also lose a lot more money.
That is gambling and that is why the rich people are the ones who are able to make good profit out of gambling because they will not going to think about the lose that might happen to them, as long as they had money in their pocket they will keep on risking their money and doing some yolo strategy, some of them are effective and some of them aren't. Yes rich people are the one who are making good profit with putting higher bets. But people who are not rich that wants to get rich will not be able to get rich by putting higher bets because they doesn't have the capacity to recover if they lose a bet with a big amount.
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If anyone offer you, So which thing you want choose like
1. BITCOINS 2. GOLD 3. DOLLAR (fiat currency)
If these things have same price than which thing you wanna choose? Actually I want to guess how many peoples like bitcoin. Because if i have a offer than definitely i will choose Bitcoin, because i like bitcoin more than gold, and bitcoin's price is more strong than dollar.
If these three things have the same price i will choose Bitcoin because Bitcoin has already proven itself to me that the longer Bitcoin Lives the higher the price it can reach. It is the reason why i have faith in Bitcoin .
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I prefer Poker and sports bet because in those type of game you do not need a lot of luck but instead you need skills to make profit. The advantage of betting in sportsbet for me is i am a sports lover i bet on my favorite teams while cheering them to win.
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In my experience in depositing and withdrawing Bitcoin this past few days is the transaction is fast , In my coins.ph when i am sending Bitcoin to some of my gambling address it only took me less than 30 minutes or less than an hour before i received my deposits. Also i tried withdrawing some money from some gambling site and it only took less than 30 minutes before it completely appeared in my Bitcoin address.
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For me my opinion about this matter is they keeps coming back because they want to earn or multiply their money, they want to try their luck in that day , the gambling site is fun not because they are winning but because the community is great like people who are winning are giving tips to the people online in that particular time and lastly they really are enjoying gambling.
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I can say i am good in Poker because it is the only game where i can win and withdraw winning money. The rest gambling games are always makes me bankrupt at the end of the day. I've been playing poker for almost 9 years now so i can say that i am an expert with it now online or not online poker.
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If you are gambling in sportsbet this is possible because you don't need a lot of luck in it, what you need is knowledge , by having such knowledge you can identify the underdogs team, each best player , each best team , each advantages and disadvantages in sports. With that knowledge you will be able to predict who has the highest percent of win. But take note even the strongest team can lose.
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