Sadly, the price of bitcoin is going down. I think a lot has lost trust in bitcoin now, thanks to FUD. I think its better to buy now and invest in bitcoin since the price is low and just wait till it rises again in a few months. Maybe a lot has been dumping bitcoin and is panicking because of the BU vs Bitcoin Core regarding the block size dilemma. The time you write this comment and the present time I am writing this reply has a huge price gap of bitcoin. I hope you have bought some bitcoins during or days after this comment of yours and gaining lots of profits  |
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gamble on dice will never have a good ending when you do it too much ,
dice game good if you do it for once or twice bet only ,
it was the fastest way to make your money doubled ,
so becareful , the risk you take here is so high.
No, when you are good with your strategy there will be no worry about how long you will be sticking with dice gambling. Most gamblers are playing only with martingale strategy and there is a myth, in long run martingale will get us losses, again I'm not agreeing about this characteristics of martingale. When dice gambling is all about our luck, martingale will not bring our luck but it is a very good on tackling house edge. When we are good with our strategy then there is no need to worry about how frequently we go for dice gambling. Dice is not fastest way of earning money (as per martingale only when we are facing frequent negative streak, we may get chances to earn more otherwise martingale and dice gambling are slow and steady way), if we bet with huge amounts then we can get vanished out very quickly. lol then tell me what strategy that could make everyone good on use it? i think there's no strategy could work to make you have profit everytime , it was not myth to play any game using martingale in the long run will always make you lost in the end , why? martingale will suck the whole money you have no matter how much your bankroll because the method have super high risk. The only reason why you will still lose even executing any kinds of strategy is the house edge advantage. However, there are advanced strategies that involved greater level of skills of discipline and no emotion betting that will have some chances of winning than losing though. |
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it depends on what is the perception of a certain person about gambling of which some base it on their experiences... Only haters would say that and those who had a real bad experience in gambling, it's not fair to blame gambling for their loses and say this world would be better if without gambling. Honestly, I am also a loser but I learn to appreciate gambling because it can really give fun if you are only looking for fun and nothing more or less.
just like what you are implying. some may hate gambling because o a bad experience like they have lost their money. on contrast, some will love gambling because of the fun it brings and the profit of a gambler gains. Yes those who lost money they will hate gambling, but for me, if the gambling is not there means it will not affect my daily life. I will choose any other way to spend my free time. I am not a gambling lover, but I do gamble. Only sports betting, why I play this means it is easy to predict and I made some money in this method. You are right there mate. Regarding sports betting, if you really know the game and the teams you are betting on or just stick betting to 1 team against any other team, you will have more chances of winning than losing. |
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I don't know man every time I play dice or any game that you can lose fast or win fast just with a few clicks I can feel my heart tapping on my throat
loool, how about you?
This happens only when I go all in and when the amount is significant to me, like over 200k satoshis. Normally I try to avoid going all in so the feeling you described I experience rarely. Lossing 200k sat makes you worried ? Then probably you are still staying safer with gambling. In my beginning days even I am losing 0.001 bitcoins made me so frustrated. But now a days, even losing 0.1 bitcoins within single da,y I'm not bothering that much. Your all-in will vary with your experience. As long as you are keeping your losses small, you may keep your all-in small and getting frustrations could be avoided. That's right and I suggest this approach to gambling to everybody: 1. Never deposit more than you can afford to lose; 2. Avoid going all in at least at the beginning of your game. But if you are tired of gambling already you can go all in and then stop whatever the outcome. About your second point, I think it depends in poker there are valid reasons to go all in, like trying to scare away your opponent or when you have the nuts and it is impossible for you to lose and those are just two examples there are more scenarios where betting all in is the right choice. Bluffing and certainty of winning is what the prime motivator of poker players who does make an all in. But this bluffing in poker games is really an art, you need to practice it as not detectable to your opponent. It is like mind games over there. |
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Actually i never saw a man, who has rich from Gambling?
I m not playing gambling because i saw a lot of people who has lost everything in gambling.
So i want to ask if anyone is here how has rich from GAMBLING ??
Like what you had just said, that you never saw any person who become rich in gambling. in that case you are right, but there are many rich people in the entire world who always play in the casino gambling world and they've always lose a million amount. But its just nothing for them because they have a lots of money to waste it. As you telling us, many rich people are here in this world and they have millions money to waste in gambling. But i want to clear no doubt many and many people are richest in this world, but they are not rich because of gambling. They are already rich persons, and if they play gambling because it is their life style and also gambling not help them to become more rich. Maybe what he was referring to is that many rich people are rich because they gamble or they take big risks in terms of business transactions and decisions. But in either way, those rich people are smart enough not to waste their money gambling on casino unless they just do it for fun and entertainment. |
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One advice: don't cashout your trading profits and compound them aka re-invest for bigger gains.
That's correct if you can still live without that amount, it's important to be patient and think more on the profit to grow. By re-investing it in due time if you still do trading with consistent success, you will be able to turn that into a bigger amount of money. Patience patience patience. It's really the key to have a successful trade. Sometimes we may be tempted to sell alt that we've been keeping when it reaches a tempting price thinking that it may go back to a lower price but it would be more profitable if we can hold on to it and sell one time. Although it depends on the alt coin as there are altcoins suited for day trading with pretty decent profits That is true there mate. By the way, can you name and list some altcoins that we can use to daytrade? I know that if it is very volatile, that is the best one to day trade, but listing here the altcoins will help beginners get an idea on what to altcoin to trade if they go for daytrading. |
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I agree mate. That's why I said in the other thread that I would rather invest bitcoin in the long run for profit. I know that their is risk of bitcoin price going down. But I would rather put it that way than lost everything in gambling, which we all know that you can't win in the long run.
Im into investing as well however trust me Im stll playing as well. Some people are addicted to a point where they cant really think of anything straight instead of just going to gamble. Therefore some people will gamble instead of investing, Im lucky that I could atleast open up my eyes to invest some amount That gambling nature, if untamed, will always find its way to go wild. That is the naked truth of it that we need to accept. However, you keep to tame that greed, you will be ok  |
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Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  Trading still the best thing to choose in rather than gambling. As we all know that gambling isn't profitable compare to trading is very profitable than gambling. And it is true and I agreed that doing trade is a combination of psychology and math for you to become a good traders. I dont say that Gambling is not profitable. Rather i think gambling is more easy and profitable if you are able to Win. But of course it is not very easy to win consistently in gambling. Gambling wins are less but big as compare to trading profit. Trading profit is less but it is safe, and we can expect profit in trading. In gambling, it is not safe to make money. I agree that profit percentage is high if we win in gambling. But there is no guarantee that we will win our bet. It depends on our luck. Trading is also base on luck, but not like gambling here our skills on market knowledge will help us to make a profit. That is true because in trading we are betting against fellow trader unlike in online gambling, we are betting against the online casino. Of course, there are online games that we are able to play against other player but you got the point, if you play against online casino, they will ensure first that they always have the more chances of winning - that is what the house edge advantage is there is for. |
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do you like slot games ?
To be honest its 50 percent yes 50 percent no slot games is like wasting time with money i tried playing slot games with my free role from betcoin.ag and it totaly sucks me in at first i manage to win and already double my bankroll all gambling when playing in the long run we always lost and the end. I don't like slots too it is good if you just want to have fun but when it comes for the real goal why we are gambling which is a about earning good amount of winning, it's going to be a big challenge just like playing in dice game. There's no way for us to beat the system as the game is always in the favor of the house. You can make a good amount if you have very good luck in your favor otherwise slot games are only for fun nothing else. The better option would be card games or blackjack, through which you can build your strategy or analytics and win. It'll take more time and if you have a strategy then it'll be fun too. The same thing with dice and these type of games is hard to play we may not if we are lucky for this day or not. It will always be the best thing if you are going to take the chance of playing those games that can be used for analysis just like card games as you mentioned. I'll rather go with poker instead of playing slots. That is so true mate, seems like we just don't have the full control when playing slotgames and all we do is hope that we are lucky enough to win the game. |
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Why is someone get addicted to gambling once he gamble ?
Now a days you its easy for people now to gamble unlike in the past. Especially that we have the internet as a based on gambling, its just easy for people to go online and put their credit and play. People get really addicted on something easily because they can access it easy, even kids now a days can just go to a site and bet on something and the part that is can be addictive is when the site makes them win every time but as human beings we have a bad side called greed, we want more on what we already have so we keep on betting and betting until we lose everything. Every gambling sites or casinos have a techniques to make you gamble. Especially online gambling is very popular now and easy to play, so it is not a shock that many people gamble. You have the point mate. Once a certain good thing is very prevalent and convenient to get, addiction follows. With the emerging of number of online casinos and the rise of bitcoin as the mode of deposit and payout, no wonder there will be more people are going to be hooked with gambling. |
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With the value of bitcoin and rate which bitcoin is excelling, Yes bitcoin can make banks disappear, more people are getting involve with this virtual currency bitcoin. I think bitcoin can give the banks a run for their money.  You are just joking, right mate? Of course, if it happens, not during this generation or the next few generations to come. We know for a fact that there are limits as to how many bitcoins are going to produce and once it is met, no more new bitcoins and we just utilize the existing ones. |
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So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
No one will stop you, if you like to quit in trading. Though we know that by making trade in the market is the most profitable ways here in Bitcoin world. And doing trade also needs a self-control and self-discipline so in the end our emotion will not control us. Yes you are right, self discipline is the best thing to have before going into any source of income because most of the time if you don't have any self discipline then you will not have a control to yourself and you will just be greedy and you will lose the game and that will makes you think that quitting is the best way to avoid losses which is not. Could not agree there more mate! We highly needed the discipline in order to succeed in life. Without it, we are like just the mariners of the sea that are just keep on wandering because there is no compass being used. |
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I am not that sure why people that gamble online have their payment method set up with PayPal or the other mainstream payment companies when they often shut down accounts and not return the money that the person made. Since Bitcoin is against that type of stuff it would be better for them to just make money by using btc to earn money and be able to hold onto it when they requested a withdrawal from the gambling website.
If Bitcoin is around in the near future then more people will be using it to gamble.
For me the rising of online gambling casino is catering the high demand of people using bitcoins. The demand is just so vast that even the price of bitcoin is now at its very high pick |
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What keeps you coming back is our emotion, we want to earn more that is why even if we lost everything we hope that we can recover what we have lost by playing more of which is not good.
Well that is right, though not really all gamblers come back just because they feel it, they come back because of their greediness to get more profit or maybe get back their losses and obviously earning more profit. That is not really their emotion, that is their drive to earn more, they need to earn more profit because they want to. The emotion comes after the game or when they are losing a lot, the regrets, the blames. If you can't control your greedines, greediness will control yourself and let you regret that you let it controlled you. Hmm, all that too not only depends on ambition. But it also depends on the addiction they get. The actual gambling is a bad place for those who can't control themselves, many among the gamblers become addicted because they can't control themselves. As for things that are often experienced by on addicts are always coming back to gambling, although they do not have a clear purpose. Because the most important thing for them is to do gambling. Lack of self-discipline and greed are the primary culprit of gambling addiction and even in other aspects of our lives. Things will dramatically go wrong if we just let our greed and lack of discipline rule over our lives. |
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It depends if you are gambing in poker or in dice,slots,or other games which are not skill games like poker.It is more matter in poker than dice and other games but in sites like dice,slots it depends on luck ,skills cant help you.
Nah, there are a lot of differences between skill and experience, probably you are talking about skill and I believe definitely experience will be helpful everywhere regardless of what type of gambling we are into. Remembering your previous incident and preventing some disaster by applying the knowlege you learned from that previous incident is an example which will be having possibities to happen with any types of gambling too. Good point. I am also wondering if an experienced individual will automatically be an expert and skilled on that field? or are there an experienced individual who are still not skilled even with lots of experiences. Just wondering now |
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Someone who is addicted to gambling, very difficult to stop. What might need to be done is contemplation, will gambling work? Is there nothing better to do than gamble? Of course I am very sure, many things that are useful to do. Helping a wife or parent to wash dishes is much better and more fun than a gamble that ultimately invites emotion.
yes that is very right, there is no doubt that it is very hard to stop gambling once you become addicted. i have my personal experience as i am addicted to gambling so i find it very difficult to stop gambling as for so many times i tried my best, but for every time i cannot succeeded. i think i can hardly stop playing gambling not more than for 2 or 3 moths and after that if i found a little environment i will start gambling again. Thanks for sharing this. This is really an eye opener to those who are just starting out to gamble online. If you are just starting, you better practice discipline on when to stop a gambling session even if it is so tempting so that you will not be hooked big time. |
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It depends.
Whether it is wrong or not it depends on your activities. If you are addicted to gambling then it would be harmful for you.
Harmful activities should be avoided because it's wrong.
On the other hand, if you want to measure it with moral principle then it must be wrong.
If you base it on moral principle, that is precisely wrong. Because morally, there is no middle ground - only right or wrong. However, if you believe in yourself that you are just after the entertainment and not losing big chunk of money, then it is alrigth. |
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I think the safest method to gamble a bit safe and also not risks too much is by pokerring because you can than really push the luck to a minimum with a good strategy of course.
Some says that if you are good in making analysis while playing poker games you there is a big chances that you can defeat your opponents but I don't think its true because it is more depending on luck not because how good you are in doing analysis or what etc. It is true, because poker requires analysis unlike DICE and the other games in gambling, but this doesn't assure you that you could win against your opponents, especially only AI's are the one you are going to compete on the Poker Games here in the online casinos, P2P is really hard to find, but I've read some articles about this, that a gambling site would allow this P2P on playing poker, but I'm not sure if the information is legit though. If you are playing only against the online gambling site, which is always most of the case, you will eventually lose if you are not smart enough to stop when you need to. The reason is that, online casinos have house edge advantage - which means at the end of the day, they will going to win no matter what. |
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If you want to start trading in small amount only you can earn also but you cannot buy more altcoin with that price I think 3-5 altcoin you can afford to buy. For me if you want to start trading I think you need big capital like 1bitcoin is good to start I think you can buy 10-20altcoin with that price. And for sure your will earn bitcoin everyweek because there's one altcoin for sure will pump .
That is not really always the case that you will earn 1 bitcoin every week for just 1 bitcoin capital. You can't just predict what altcoin to invest your whole bitcoin and earn 100% profits every single week. Even winning 10% a week trading altcoin is kinda tricky to achieve when you don't know what you are doing. If I have 1 bitcoin now, I should not trade it right away, I will need to train myself trading first before I start one. |
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Bitcoin is still quite risky compared to gold. Better to put not stake everything in gold.
Either way, gold or bitcoin, is good and is risky. Just like in any other investment, they are both good and risky. Hence, we should not put all of our eggs in just one basket. We must spread our investment. |
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I have to think you just invest what you are conformable with. 
