I would suggest the same. There are only few whales who can predict the correct movement of the bitcoin price chart and those guys would never share publicly because they control the market they would never want anyone to know what's going to happen because that's how they make profits. Still, yes investment or say holding is the safest option because you are not hurried into selling and not shaken by a sudden price drop.

Most of the groups on telegram that seem to predict price are nothing but pure guesses and some basic market knowledge because I have been part of many such groups and they hardly work.

I think top 10 would be a bit different but might make a difference but also having a top 50 would make a difference as well, which one is smarter only to cater few rich people or to cater everyone all the time.

Getting into top 50 would be quite easy I assume and wouldn't require much gambling and you would be getting extra money every single day, it would be very very tiny amount for sure (distributing to top 50 would mean thin prize range) but at the same time it is still casino of many instead of the few which might make people like this people more, at least more people would like it but less whales would like it. So which one a casino has to work for, getting more whales or getting more users in general? Depending on the answer they can either do top 10 or top 50.

Yes, all the strategies at the end are gonna end in loss because there is no way, I repeat there is NO WAY you can beat the house in the long run, but yes certain methods and strategies sound good and might be good for small profits over a smaller period of time.

Talking of the methods shared in the op I feel like Paroli is the most destructive way of gambling because doubling on each win is just pure madness and its exactly the opposite or martingale. Martingale being as bad as we feel but still is one of the most famous strategies so going absolute against it will be crazy to say the least.

Personally I do not like the Notorious "Conor McGregor" because of how aggressive he is outside the ring as well. But, liking someone is one thing and comparing facts is something else, I personally feel like it will be a closely fought match with Conor coming on top because of the Cardio and the aggression he possesses in the ring.

I will be happy if Conor is taken to the cleaners and given a good fight for his money but if I was to make a bet, I would have to bet on Conor despite not being his fan.

Another reason why crypto is seen as a bad thing because there is no way to track if gambling is being done by kids and by people from countries who are actually banned from gambling otherwise. I accept the fact that there must be freedom to spend money for all and crypto gambling provides that but at the same time you don't want kids being involved with gambling and ruining their lives forever just because we want more freedom.

In general crypto betting is much easier because you can win 100 BTC withdraw and walk away while if you are betting legally with fiat you need to pay various taxes and fees involved.

We can't control the market but some big investors do control the market and they often sell off some coins from time to time to make the market panic and buy more bitcoins at a cheaper rate. What people must understand is that if there is no genuine reason why price is dropping for example mt gox scam happened that time it's obvious price to go down but if there is no visible reason why the price is going down, then we must understand that someone or maybe a group of people are trying to control the market and we as small investors must not fall into such traps.

The more serious we as traders get the least we will be affected by sudden market falls and swings. Similarly when price goes up, we should not be too happy about it because each pump is followed by a dump later.

There are borrowers if you visit lending section who are able to provide some valid collateral in the form of stable altcoins and if you can find such borrowers regularly then I believe even small interest works great because you are literally at 0 risk and at least making something out of your idle coins.

No collateral loans are risky but if you see a member who has been trusted and doesn't often ask loans then you might risk your coins and actually make a good profit from it.

@OP nice few methods and I love the staking one too!

Also note the fees charged by your platform because I have noticed some platforms are charging higher fees than others and since trading is all about margins so make sure you are not paying too much fees every time you make a buy or sell order.

Apart from that there are a lot of things one needs to learn when getting started with bitcoins trading because the market as we know is much more volatile than what you would normally expect and you must be sharp to recognize this and make use of the volatility instead of getting trapped because of it.

I think more than hiding losses .. reputed, experienced and more importantly successful traders always analyse their mistakes and focus on not repeating them in future. It is okay to make bad trades but its important to learn from each trade and that's where good traders are differentiated from bad/inexperienced traders.

As long as we learn from our mistakes we will improve in trading and on top of that I will suggest that once we start learning from others mistake then we will the best traders because all the great investors/traders have learned from others mistakes and that saves a lot of time and potential loss but that requires some great knowledge and market awareness.

No matter what anyone says there is no FUN in loosing money whether its gambling or anything else. Anyone who gambles deposits money expecting that his predictions will be right in sports betting or if playing dice or other instant games then they must be feeling lucky.

It does not makes sense having fun in loosing money instead consider it like smoking, you feel like smoking not because you want to hurt your body but you are just addicted to it find a reason to smoke and similarly you feel lucky at times and want to gamble. Otherwise, there is no FUN in loosing money and even if you find free money you don't want to loose it.

Regretting is something else but if you ask yourself had you ever felt funny when you lost a bet?
The answer should be a strict No because trust me it's very obvious to feel upset and dejected when you loose even a single satoshi not because you cannot afford to loose that but because you made any bet in expectation of winning. I mean anyone of us would be happy if we buy bitcoins and the price is going down? Obviously no because we expected the price to go up.

I honestly feel such threads are useless because it does not even make sense to ask people if they have fun when they loose money when even a immature kid knows that there is no fun loosing money or assets or even time which I felt I lost when reading this thread.

Nah man, Quantum Computing is no longer a theoretical subject, there are a few companies that are working with Quantum computers right now and these includes IBM, Google, D-wave, IonQ, and Rigetti. Google have achieved that for sure and I think they were the first to achieve because I remember a tweet that they were testing out the Quantum computer with NASA and it was called the 'D-wave 2', D-wave the Quantum computing company was also part of the test program.

So this is no joke, it's real! Quantum computing has been achieved. For now , I think it's only companies that have been getting their hands on it, maybe by next two years individuals will be able to access it.

They should be blamed for bad their economy is, especially their governments should be the ones taking most of the blame. If you check out these developing countries you will notice that their government is very corrupt. Most of them don't do things that would favor the country in general, because they are bent on pursuing their own personal gain rather doing things that would help the country grow.

Lots of them steal money from those countries and push them abroad to developed countries, why won't their countries fail? The worst part is that the foolishness of their leaders never end,they still continue their greedy, corrupt practices and the way I see it these countries may never be developed (of course, that's if they never change).

Altcoins came intro existence because of bitcoins so yeah they will never be able to match or get close to the market capital being held by bitcoins. I still think that altcoins are good as long as they come in good numbers and come with a solid plan like ethereum and few others.

I prefer trading in bitcoins still because of the solid nature of bitcoins and the price. I know bitcoins price fluctuates a lot but compare with alts and you will get an idea of what I am trying to say. Altcoins are good but only if you have done enough research about the coin and the team behind it.

We need more holders like you to stand strong.
But if you ask me, I try to earn and buy BTC as much as possible and save in my wallet. It's like my life savings are in BTC now and when I see price abnormally high, I just sell 10% of my coins and then again start collecting.

This has helped me a lot because I hold my bitcoins now and don't have to worry about price changes, earlier when I was into price-trading I was very tense and check markets all day and get worried if I buy on high and sold on low

I have made many multiple accounts on primedice when it was started but the intention was just to use 1 account as a bank and another to make bets and I never used these accounts for faucet or any promos.

I always felt making a new account and betting was more lucky for me so I often made new accounts and actually that time in chat moderators were absolutely fine with it since no promotion was being abused and hence everything was good but now a days I agree that since promotions are there, it's just better to make a single account and bet with it.

You have made an excellent point. Gambling must be done with extra funds, while I agree all money is good and nothing is extra but what I mean by extra is the amount of money you feel you can spend on your hobbies. That ways helps overcome your gambling problem too because once you lost all your money you actually intended to spend on rides, fun, movies,etc then you start feeling like gambling is bad.

While if you spend the money that was allocated to bills and other important tasks then it will be no problem for you, because bills will keep on increasing while there will be no shortage of fun for you so you won't ever feel like gambling is bad or hurting you. Just gamble with money you saved for fun and see how much it hurts 

I like to appreciate your cross-thinking like most people here are worrying about survival of gamblers in provably fair environment whereas no one question about casinos for same set of conditions. Your question is sounding like doubting about the reliability of provably fair still houses are taking commission from gamblers in the name of house-edge which is also covered by provably fair environment.

I guess you might have got your answer from so-far conversation hence it would be much better you go locking this topic as it may turn supporting spammers. (It is always a good practice to lock a discussion after it served its purposes)

I read with 1 BTC deposit, I will be able to trade 100BTC worth of contracts. Also, it is mentioned that there is no expiry for their contracts. Does it mean I will be able to hold if my position is even at losses? How exactly it works?

I have experiences of trading forex with leverage. When my position goes in losses then they will auto-close my position when my actual bankroll is reaching 10% of my original value. Bitmex is also doing the same?

If you have experience with bitmex's leveraged trading, please share how to make use of their leveraged trading with calculated risk.

I want to risk some 0.1BTC for leveraged trading. But, I will buy contracts for 0.01BTC (10% of my total capital) and possibly with less leverages like 5x (to play safe).

With 0.01 BTC, I guess I may able to buy 0.05BTC worth of contracts (at 5x leverage) and if bitcoins moves up some $100 or $500, how much I will be able to profit.

For negative side, I leave 0.09 BTC unused and I opt only 5x leverage, so how long I will be able to hold my position for waiting so that prices to recover.

For example, I buy contracts at $6700 levels and BTC reaches $6900 levels. How much I could make with risk of 0.1BTC (with actual trade of 0.01BTC with 5x leverage).


I do see lots of guides on bitmex, but none of them directly answering my questions.

I don't really see anything wrong with that, as long as I have the money/Bitcoin in my wallet, I would pay him with it. Unless I'm saving the money in my Bitcoin for something else, but still that wouldn't be a problem because I can easily fund my Bitcoin wallet by using my bank debit card and it's really fast.

So, if anyone should ask me to make payment to them with Bitcoin, I would for sure, also depending on how they ask. I have only done that once, sent payment to someone through Bitcoin after he completed a little offline task for me. He first asked if I make use of bitcoin and whether I can pay with that and I replied yes and asked for his address.

Lol, I only have Bitcoin. This year I just chose to go for Bitcoin alone and nothing else. It's not that I don't like altcoins, but I just felt that Bitcoin is only going to work out for me this year and by the way it's the top coin in the market. Things have been going as I expected, the price went up from around $4000 when I invested and went up to $13,000, i thought that was going to be the bull run and it dropped back to the current price rate of $8000. I didn't sell anything, I am still holding my coins and I am believing that the bull run is coming anytime soon. We already getting close to December and before we know it we will get into 2020 and then halving.