10 btc is a good amount to have and many things can be done with it, I will invest 2 btc in altcoin trading and let my money work for me and if price goes higher then will sell 8 btc and convert to fiat.
I will not sell any single mBTC also as I am believing in future of bitcoin, I prefer to keep all the 10 bitcoins in cold storage till I get requirement. Earning bitcoin or getting bitcoin for free is too hard now a days, so once I get chances to have 10 bitcoins, I will not miss the chances of securing my future. Saving them for a long term is a good thing but the only issue is we don't know what price it will hold in future and if price falls in future then our saving can go in vain. We should consider that as savings but as investment because if you will consider that as investment you will only invest what you can afford to lose, we are just hoping that our prediction will happen in the future and if so we will make profit, but if the other way around will happen then we lose, therefore it is just right to lose that amount we can afford so it would be easy for us to move on. Yeah its better not to put all your money only in bitcoins as there is no assurity that it will hold higher price in future but lets hope that everything goes smooth with bitcoin which will allow us to make good profits. Putting all of your money to bitcoin is not quite a wise decision. Allocating a portion of your money to bitcoin is a way to go. I don't see bitcoin is going to lose its value in the coming years because of the user base it has and as well as the best feature and convenience it can give as an alternative to fiat money. For me, allocating at least 35-50% of your money to bitcoin is good enough. |
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why not? if you can get earn a lot of bitcoin
If I can get bitcoin 0.2 or 0.3 everyweek, I can do that to go full time on bitcoin and make a living with bitcoin.
0.2btc not a large amount of income for a week because one days you will get into trouble if leaving a job to work full time in bitcoin. Yeah .2 btc every week is not enough because in full time job you can collect a constant salary every month but in case of bitcoin, it's price fluctuate and sometime price decrease and sometime increase so you will have to face these problems if you quit your full day job for bitcoin. So don't try to do this do this as a part time and get profit from bitcoin. i think 0.2btc per week is not easy to get it, today 0,2btc is worthed arround $120 i think no sidejob or real job will give you the salary like that except you have highest skill in your qualification. For sure its a huge ammount to earn, in the past you were able to get 0,10btc for signatures, soo if you present at two you could get such, now the rates are half then those, but its possible to earn those if you make signature and captcha service, but the time you will spend will be huge as well. And well i wouldnt left my job for a steady of 0,8btc , i would need something like 2-5 btc income, and even with that i wont left the work. .2 - .3 btc a week is a small amount of money to earn but this one really depends on its buying power of a certain country. If it is in the first world country, of course it is way too small income because the expenses and bills are quit high (the cost of living) while certain countries in the third world countries, that amount is descent already because of the low cost living of the place. |
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Bitcoin is a long term project. Therefore it makes sense to save small parts over a long horizon. Do you save Bitcoins for your (grand) child or children?
For those who do not have (grand) children (yet), would you save Bitcoin for them if you would have (grand) children?
I think everyone is thinking for their children first and if they have grand children then they should think for the future of their gran children and save money for them, and for me the answer is yes i want to save bitcoins for my grand son/ daughter to give them a good future and also to meet their study and other expenses. I am already a father - actually a new father because my wife just delivered our first baby. I see that it will take many years from now since I will see my grandchildren but I am already saving a portion of my bitcoin for that purpose. Aside from that, I also save a portion of my fiat money for the future of my descendants. |
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I always buy when price drops. When price is only increasing, I invest a fixed amount every month.
That is the best way to invest to bitcoin - buy on a regular basis every single month and hold for at least a year or more. It is also ideal to start buying when the price is down and then start buying regardless of the price from there on. You must also have a target price goal up to where you are willing to buy and price you are willing to sell them all. |
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Why is someone get addicted to gambling once he gamble ?
If yo are addicted to gambling then you do not know when to stop and that is bad they are some guys that like to gamble but when they see they cannot afford to spend the money that they have on gambling they wont. That is the difference between the addicted one and the one who can control him self but likes to gamble. But basically people are getting addiction just because of not stopping gambling at right times. When a gambler continuously going for gambling he will end up in gambling addiction. But a gambler who is able to control his emotions will not get gambling addiction in my opinion. It would be still the same even though he play seldom times but still its gambling . Well there are really differences on a person who have strong self control compare to those who dont have control on playing gambling. The best way to do is not to play gambling at all if you dont want to be addicted at all. It is not really necessary that you will automatically stop gambling. Don't restrain yourself from playing or gambling. Of course, you can still gamble from time to time for fun and not really like on a regular basis like gambling every single day. If you gamble regularly, you are already forming that habit and before you knew it, you are hooked and already addicted to it. |
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For me gambling and investment is same,its same that you can lost your bitcoin,cause some other gambling games are not probably fair and almost all bitcoin investments are a scam . but if you want to profit i reccomend you to gamble thst invest cause if you have been scam at lost you feel angry,but if you have been lost at you feel sad cause its your own fault.
Your argument align with mine but I will only deviate a bit, although in both you can lose your money or coins but the risk of losing differs for both in the sense that in gambling the risk is more compared to investment but the bone of contention is getting a relaible investment plan or else its worse than gambling a good due diligence is needed for any cause of action. We all know that gambling is more risky that investing because there is always an advantage on the house the we are trying to beat, no one wins in a game that has a house advantage so we should think over and over again if we are seeking for money because the answer is always investment. I would agree on that. To think it logically, having house edge advantage will make it very risky if you put all of your hard earned money into it. Of course, you may win big if you got lucky, but the more you play on, the more chances of losing and exosing yourself to the house edge advantage of the casino you are playing with. |
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I was a big gambling addicted in the past and i will say i still addicted a little bit to it but still my gambling can reduced alot since i have started earning a bit in bitcoins.So thats a suggestion that you find other earning oportunity and keep your self busy only in that,so that you dont even get time for the gambling.
Yeah agreed, people only play gambling for the sake of money and the best way to stay away from is told by you that find another way to earn bitcoins and busy yourself in that and you will automatically quit gambling and you are no more addicted to that so try this and do trading instead of gambling. This is true. The more you do something worthwhile and by keeping yourself busy doing these, you have more chances of staying away or overcoming gambling addiction or any kind of addiction for that matter. Therefore, if you keep being lazy and don't try doing other stuff apart from gambling, then you will go nowhere and still addicted to it. |
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Gambling is very fun because people love to play games is part of who we are and also people like to take risks too so when you combine booth you have an explosive combination.
Not at all times gambling is fun ,when someone ends with a loss amount on his profit he/she will definetly not having a fun .yes it is the nature of peoples loving of playing games but not all people wants to take risk especially if theres a money involved. I also think there is money involved than it's not possible to have fun there with gambling, if we lost than it made situation worse and suck, gambling has lot of attraction because there is chance to make money without doing hard work and that is the reason people think like this. Many people said that they play gambling just for fun only and in that i don't believe . Gambling is the fastest way to earn money or double money without getting tired at all so its a yes that many of the people tend to gamble are the ones who does not work and dont wan to get tired in the job. Maybe. If they gamble regularly, then chances are that they have no other work and just gamble all day. They may already have enough money with them or is lacking of it that is why they are gambling. The most pity is the one with lack of money and is hoping to get some by gambling. Whether if they are just playing for fun or not, it is still not good - they better of looking for job than wasting more time gambling. correct. many people who depend on gambling when they know that gambling risk losing their money. especially those who earn bitcoin erratic. they are dependent on gambling! , Some of that gambler are truly winning with ease and that is a fact but if a gambler would just heard that some other gambler are like these and just a here say, and other gamblers would just try it without further knowledge on what happen and what is the true nature of gambling I think that would be a problem from their part and because not all gamblers are very lucky to attain a much winning rate than the first gambler who has won erratically over it. That is so true, there are just gamblers that are seems born to be lucky. When they bet, they seems to be winning more than losing - and they really does it with ease. Some gamblers just do all-in most of the time and stop when they hit their preferred profit goal for the day. They do all these with ease and we can even see some of their live betting being stream at youtube - much easy for them to win while most of the gamblers losses all the time. |
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I have been in gambling for more than a decade now. I saw many ups and downs regarding gambling statistics and got it as way to become rich at start. There was always balance whenever was making money then loosing. Then I took it as means of making small profits while making money and still results work in cycle. This is not to become rich in my opinion.
I believe every gambler must need a time of 10 years to conclude like gambling is suitable for achieving our dream of becoming rich. But, some gamblers do get chances of becoming rich by having some profits in some days, but keeping the profits to grow their money is not possible as they are losing it in very next day itself. So, concluding our opinion about gambling will save your current wealth at least. For me in all the few years of my maturity, in addition to my own gambling I have not seen anyone in my comfort zone who has become rich through gambling although I have read on the internet somewhere far away someone won a jackpot and became rich but not forgetting the number of millions who might have spent their entire adult life trying to win big. In conclusion I am yet to be rich neither have I seen someone rich through gambling. That is right - seldom we see some gamblers who get rich because of gambling. However, that is the general thing that what happens to majority of gamblers but there is a few exception - these professional gamblers that makes a living out of gambling. They usually don't go public and just stay out of the radar and only we see then in the high rollers. |
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Why is someone get addicted to gambling once he gamble ?
They become addicted to gambling when they are still earning money. Most of those people who gamble thinks that they will earn more by playing it again and again. People who became addicted to it are those who has a lot of money to gamble and they don't know that they were loosing than earning. It is possible that one gets addicted to gambling is because he is lazy...He wants to do easy things to earn money and just doing repetitive task and hope that there is a good result in it... Come to think of it, if a gambler really wants to earn stretch his arms, for sure he will work for it even if it mean a hard work...  You hit it there mate. Aside from being lazy, they want instant big result and instant gratifications which rarely happens in this lifetime. There are so much to do that is more meaningful and could help the community than being hooked at gambling and losing all of your fortune out of rage betting and uncontrolled emotions. |
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I agree with most people in this thread that gambling will bring misery to the players in one day. then we should avoid gambling before the calamity. better to use other ways to get bitcoin, like bitcoin and altcoin trading
Actually, at this point I can say that I 'lost' more money on trading than on gambling. Last year I sold some of my BTC because I thought price is gonna crash but instead it advanced higher. I never had so bad luck with gambling - true - I lost some bets but never that high. Well, different people has its different comfort zone in terms of investing and risk. Both investing and gambling are a risk - if you are comfortable with trading and have many winning trades, then you are better of trading and so with gambling, if you are doing good at gambling and is very lucky enough to win most of the time, then go for gambling. The different between the two is that gambling has casino house edge while trading is you control your profit and loses. |
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The addict become addicted to gambling because of the interest in the games they play if a person is unable to pay for the games in gambling and are feeling that they have to stop it then I will suggest to start playing free games and try to produce your interest in that games you will one day forget to gamble.
That wont be thay much fun anymore. They are lookig for excitement that is why they bet their money in it. Take out the bet then it will be like a simple game and you will be bored in just a manner of time. I thought so, only the bets make the game more exciting otherwise you cannot call it gambling. As a gambler I am enjoying what I am doing because I have already learned my lessons and now I am able to control myself so I do not need to quit anymore. Very glad to hear for those gamblers who able to overcome their addiction on playing gambling but i would like to recommend that you should not play again gambling hence the possibility of being get addicted again is high. If you resist then its up to you as long you are aware. That is right. When you successfully overcome gambling addiction, it is better to stay away from it completely or else you will be triggered and you will go back to the addiction again which is really not good - that is basically the reason why you go away from gambling in the first place. Never play with fire. |
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My main reason to gamble is making money doesn't matter small or medium amounts. I am realistic and take all dangers related to gambling in consideration in anticipating. I don't see surprises as my mind is always ready to accept losses. When you are having fun and try to make money negative results always hurts even your main objective isn't money. No one wants to loose money even for fun.
That is true that no one wants to lose money. However, if you are mind is also set that you will eventually lose that money that you can really afford to lose, then the outcome doesn't matter at all and you will be enjoying the process. For me, when you are spending money that you think you can afford to lose but not really, that is the time that you will feel bad. |
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While gambling, it takes a lot of courage to watch for your bets and see if you win or lose. When you win, it feels great like you are rising like a sun, but when we lose, it just destroys our confidence level and we start thinking how to recover it back. And I bet that won't be funny.
If someone is doing that then I think is better for that person to stop gambling altogether, that kind of mentality is what can drive you to become addicted to gambling. to be honest it is better to stop gambling for everyone no matter how they actually play it I think you should stop but not all of us, personally I am enjoying gambling despite of my loses, so if I will stop I would miss the part of my life that I will be able to happy living in this world, quitting in gambling is just a personal decision and those who quit are those who do not enjoy anymore. This is correct, just because a minority of people cannot control themselves when they gamble does not mean that it should be forbidden, those that cannot control themselves must stop immediately but for the rest of us gambling is only a source of entertainment. Could not agree more. It would really be nice to gamble just for fun and not as a source of income - although it can be the source of income like that of professional gamblers. This way, we have less expectations to the outcome of our gambling sessions. It is just fair to play gambling as what it is designed for and not go over-board. |
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I agree with most people in this thread that gambling will bring misery to the players in one day. then we should avoid gambling before the calamity. better to use other ways to get bitcoin, like bitcoin and altcoin trading
instead of stoping to gamble you should stop thinking you can earn money from gamble and start earning bitcoin from other methods and then only use gambling to spend that money if you like having fun with gambling otherwise gambling is not earning money method! He is also telling the same thing, Try to do trading with Bitcoin or Altcoin you will make a profit. But nothing is easy in this Digital currency world. Gambling is off course to risk it depends on luck. Trading is different here you have to be very quick and know more knowledge on Market. In both condition, risk is there. Choose which one you are interested. For me gambling not wreck my life and also not fixed. If we think of making money surely it is not gambling because we as gamblers are bound to lose in the long run, maybe we should just play gambling for the sake of entertainment to be safe and to enjoy it while we can. Trading on the other hand is only for the serious people who wants to make money. You are right on that. It is still preferable to gamble just for entertainment and fun than to make it as your source of income. Unless, you are like a professional gambler, you won't really win against online casino that has house edge. To add to the traders as for serious people only - I would rather add one more thing about that - aside from being serious, traders are also cool people  |
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there are no easy ways to make profit from gambling to be honest, i think that you will never make money for a living out of it
Gambling is just for fun not a way for living on it so that I also will do agree with you, gambling has very uncertain behavior because we can lost our money on 99% sure bet too, that is why I don't think any person can make guaranteed profit with this. Yes gambling is a game that requires luck. We're not the year for sure when we are going to win and lose. Therefore gambling is not for profit. My own any amount of deposit that I use to bet out within a few days, when the gamble indeed I also hope of victory, but on the other hand I also realized very difficult to profit from gambling. the only chance is if you are already a pro who knows how to manage your bankroll if you can be contented with small earnings and if you know how the game works for sure you can make some easy winnings but for you to able to do that you need a lots of research and study about the game you will going to play, make sure that everything you do is according to your plan thats the easiest way to profit from gambling know when to stop. Maybe you're right, self-control is needed to be able to restrict gambling so that we will know when to stop. But I think gambling remains a game that requires luck. Although we have self-control, but we are lucky we will keep losing our bitcoin. Self-control needed to minimize losses. I think gambling is not for profit but for having fun. Agree with you mate. Gambling is just for fun and based on pure luck. Unless you make it like the real pro gamblers. If you have an existing source of income, better just gamble for fun and nothing more because if you do, you will surely lose and get depressed. Gambling is very big risk when you are after winning profit. |
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no matter how great your strategy in gambling, you will never win.
That is correct because gambling is not made to make money but is meant for having a fun. If you use it to earn money from it then at the end you may lose lot of money and don't even enjoy the games. Hence don't use gambling for earning money. So you think if you gamble for having fun will not make you losing anything in the end? No it was big mistake you have a mindset like that. Gambling is of course about when people realize one day they will get lost and full of regret , any strategy wont help with this fact. It is only good for the people if they will accept automatically that they will lose in gambling so when they do they would not look for the profit but instead enjoying the game is more important to them. That is correct - when you are playing or gambling just for fun, you are not really after winning money. Of course, winning and losing is part of it. When you win sometimes, that what makes it entertaining. However, if you are lucky and always win and you accumulate big winning already, then that is an added bonus while you are really having fun. |
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betting willl never be wrong if you play only with faucet in my situatcion it is always win situation for me Faucets are very time consuming and in return you earn very small amount, and if you earn money from faucets then you have to wait for many years to get some dollar so it is not a good option, try signature campaign it will give you some good amount. And gambling is wrong in the sense you can loose your money because winning chances are low. There are certain countries where if you make 0.0035 btc per day with faucets rotators like faucetbox and a few others which have come online lately you can call it a work day as that's how the standard of living is there. Certain countries like Bangladesh, Pakistan, India for sure would be happy with such amount of bitcoin per day. If for example they gamble 0.0005 or 0.001 it's no problem for them. If you add the fact that if they conserve such bitcoins, in the future it can be a game changer for their life. Wow, 0.0035 btc a day. I wonder if that alone can pay for the monthly internet bill. We are only talking of internet connection, how much more the electricity bill, the food for the table, and other payables. I just can't comprehend and it doesn't make sense. Maybe unless, it is at least .01 btc a day, that can be sufficient but not really enough. This is just my thought though. |
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Many people like to gambling and that is because you can have a lot of fun with it so that is really nice and you can even earn some money with it if you are lucky. And people think that they can earn money in a fast way in gambling but that is actually not true. Because for me in gambling it is easy to lose all your money when you think you have huge of extra money.  There is no question that gambling is fun because it was made for the entertainment of the gamblers, and of course on the part of the gambling sites they are not having an entertainment as they are serious of making money that's why they have the house edge, but the moment we choose to play for money we will really regret in the end. That is correct. Gambling is really designed for entertainment and casinos are designed to profit at the end of the day by providing the entertainment to the players. If we really take a closer look at this, we are really at the disadvantage when we gamble but if we are just playing for fun then that is perfectly fine. |
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Till you don't find something more or equally interesting to gambling you can not stay away. First make your mind and prepare yourself that the moment to say good bye to gambling has arrived then look at external help from friends and family. These are the people who can help you more. Better spend money on clubbing or our door activities more at start to catch taste and stay away from gambling.
That is right. Well, I compare it to this analogy: a glass full of water cannot take anymore more water because it is already full. If you want something new or in this case a new water, you need to empty your glass before you can do so. It is something similar to gambling - unless you will be doing something else out from gambling, then you are stick there for life if you won't empty that glass  |
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