bro i suggest you to not to play gambing because theres no safest method in gambling if you dont want to lose then dont play thats simple because gambling is just by wasting money and some are believing that their gonna make profit with gambling because they got skill on cards , dice , roulette , etc but for just follow your guts if you want to play  Yeah the safest method is not gambling so that you won't lose anything. But in gambling, not all the time you will lose or waste your money since just like what you've said that you just need to follow you're gut and sometimes your gut is right. If you are playing like the pro gamblers, then you have some loss and have more winnings. Reason is, these pro gamblers have system of betting in place and they good bankroll management coupled with many sessions to increase their chances of becoming lucky. |
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Invest on such gambling site will give you steady and small risk and you don't need to do anything except sit with coffee and watching gamblers loosing they money. Gambling site has house edge and that will make the house always win at the end and suitable for a people that like not doing anything but want steady income.
There is really no guarantee also investing to these casinos. Even though they have the edge, there are still quite few lucky gamblers that can win big. A number of shark players can also step in and play and then walking away with huge profit cashout. It happens from time to time and when that time happens and during the time you invested your hard earned money, then you will gonna lose also. |
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yes gambling could be profitable in the long term. but you have to play disciplined, not greedy, has a target and especially able to control yourself. but in my opinion the ideal type of gambling is sports betting. because I was not sure if it is done on a casino game will be profitable in long-term.
I don't think this can be profitable in the long term if you are only an ordinary gambler and you just gamble very small amount. Gambling is going to be profitable only if you are going to have your own gambling site which is famous and you have a lot of gamblers on your site. And that is going to be a stable way to make it profitable. Yeah, the most advantaged in gambling of course the house if they are successful with their systems. It designed to makes players lose, so the house and bankroll could get profits, but there are some players get some good profits too. You just need to be one of the good players who gets benefits in long term, play with patients, strategy, and experiences. This is definitely true. There are really players, pro gamblers, that can beat the house edge by having pre-planned bets, system of bettings, proper bankroll management, and create many sessions. This way, the pro gambler is making himself more chances to becoming lucky and win over the casinos even if they have the house edge. However, these pro gamblers are quite a few and majority seems to just gamble by betting randomly without system in place. |
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What kind of gambling you want to do? if you're going to choose Roll or Dice, there's no spesific strategy here, its all about luck and control your emotion.
Just to add to the luck and controlling of ones emotions, you must also know how to create more sessions, do proper bankroll management, and pre-planned betting. You must have these systems in place before you bet and not play just random bets, it shall be pre-planned bets. If you really want to profit while enjoying in gambling, you need to act, think, feel, and play like pro gamblers. |
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Investing in gambling sites is risky and worthy.Before you investing in a site you must have research anything of the site like I have a bad feedback , investment plan and the staff members.But also asked the player or the user of the sites that they experience in the site.
Most of those sites won't scam you however, its that since its a new site and starting out, a whale might start gambling and completely empty the sites investment bank. But still you have a better chance to win because you are the house and you have the advantage, even if the there is a whale who will gamble in your site, he needs luck to win all your site bankroll so the advantage is still in you, some sites closes because the owner scammed its investors and that is the common problem. That's in casino investments choosing trusted sites are critical. Don't ever invest your money in any new sites just because to get better profit margins. Invest only on well-trusted sites, your profit margin may slightly less but at least they won't cheat you and take way all your money. Anyway, these investments are suitable for less risk takers. Even then, you have to be careful. There are a lot of long-standing sites that still may not be up to par. Some have shady admins or shady histories. Look at just-dice, they've been around forever. All of us must be careful and always double check their background if that gambling sites is legit. Gambling and investment are the same risky and you can't deny it. You are the one who will choose if you really want to enter that kind of risk or not. Only invest to known and credible gambling sites. Never invest to new gambling sites because it has more risks that you will all gonna lost all of your investment than investing it to known online casinos. However, there is still no guarantee at all that you will always be in profit even if you have the house edge of the casino because there will comes a time that there is a very lucky winner that will win or some shark players will win all at the same time. |
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Sometimes bad luck happens bro, I played slot once too and from 0.02 Bitcoin i won 0.5 Bitcoin but because i thought that slot is very easy game and i am lucky i withdrawed the 0.4 and played with the 0.1, I lost that 0.1 deposit another 0.1 until i deposit everything and in the end 0.02 to 0.5 to 0, that was just overnight  still i had a good experience and never played slot again . It shows that clearly in gambling only luck can bring us the money and other skills are secondary. When you make some profit from gambling try to get out from gambling as soon as possible and you can come back later to try your luck again with small amount. But you allow your greediness to continue until you lose everything what you earned and your money. This is gambler's fallacy. If you do x bets now, then leave and return later to do y more bets, that's the same as doing x+y right then. I don't know whether it is correct or not but if you gamble X+Y bets all together your losing chances are more compared to splitting your bets and also changing your odds in between gives a better chance of winning. This is based on my observations only but don't have anything to prove my words. splitting your bets or dividing your bankroll into different sessions is one of the many strategies that pro gamblers are doing. Don't bet all of your bankroll allin or in just one session because that way, you only have one chance to get lucky compared to having many sessions where you have many chances of becoming lucky. |
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I think I won't do that, I don't even have a job now because I'm still a student. But I think if in the future, I do have job I still won't do this, except if my job is a Bitcoin related job.
can you sharehow much bitcoin your earning during 6month ? higher than realjob or not ? im very interesting to know more, because i have plab to go full time on bitcoin too. What do you mean? I never even do any "real" job in my life. And especially since I am a student so I don't have time to earn Bitcoin all day. So I can probably earn $408 in 6 months. 400$ in bitcoin is still a good amount for 6 months for a student who don't have any job but earning in part time. there is a lot of chances for earning bitcoin. but for peoples who have skills, experience. and for peoples who have big profit to start their business,. and other peoples are only relaying on small type of works, faucet claiming. ptc sites, campaigns etc. and for them 400$ even in 6 month is also a lot. I think $ 400 for six months is a very small income but see that you are a student so I think they are very reasonable if you do not have an income though. so you include students who are lucky because you can still get a salary even though you are still in school $400 in six month is like $67 dollars a month and it is really low income if you put in the hard work on it. It is not worth the time at all unless it is your passion and you don't care much about the money - what you care is doing the job itself. But if you have a family of your own to feed or you are the one paying for your studies, then $67 a month is not enough. |
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Every game has its own funny feature, like texas holdem is funny due to bluff.  Sports betting is funny due to thrilled games. Moreover, card game is funny due to beautiful dealers. Slot is funny because the graphic design is very 3D. make sense there danskepankki There are many things that make gambling fun. The lists above are true. I just would like to add mine why I see gambling as fun - it is very fun to me when I test some strategies and it turned out a winner. There are many strategies out there in youtube and I ma trying some of them including my personal strategies and when it gives positive profits, then it is fun to me afterwards of course, no emotions while testing the strategies, emotions let sink in only after the game or during the cashout. |
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if you are talking about day trading on exchanges then here is some techniques
1. dont put all your funds on one order line. have your funds and think of them as 5-10 separate amounts. when you see a good price put one amount at the price, then the others scattered at different prices that will work out as profitable.
EG
if you have $590 dollars put $59 at the current price to buy and then the rest at lower buy prices with a $6-$12 gap (1%-2%)
Price:$586 order:$59(2% gap example)
Price:$574 order:$59(2% gap example)
Price:$562 order:$59(2% gap example)
when you have the 0.1btc put that 0.098btc at a sell price of 1-2% above the price you bought it at to get you the same $ back to do it again, while keeping the profit as btc..
Price:$598 order:0.098btc(2% profit example)
Price:$586 order:$0
Price:$574 order:$59 recieve: 0.102(2% gap example)
Price:$562 order:$59 recieve: 0.104(2% gap example)
if the price didnt go up. just leave that 0.098btc at the 1-2% above the buy price and concentrate on the other buy orders
if the price goes down then it will just take another $59(at $574) and turn it into 0.102 and put those amounts into a sell order at a profitable price
Price:$598 order:0.098btc receive $586(2%example)(this order would be 0.1 but put 0.98 order and keep the 0.002 as bitcoin)
Price:$586 order:0.098tc receive $574(2%example)(this order would be 0.102 but put 0.98 order and keep the 0.004 as bitcoin)
Price:$574 order:$0
Price:$562 order:$59
2. emphasis: do not throw everything in one order.. have bits of funds split up to allow you to play the drops and rises, never use the gamble mindset of "all-in on red"
3. when you bought some btc. dont let greed control you with a sell order at 10% above the buy price unless you have a few buy orders that have filled to spread the orders at profitable 1%-2% amounts to reach 10%
this is because if you put in the whole $590 to get 1 BTC and hoping to sell at $650 to get 10%, the price could stay at a $570-$600 area for 6 months and you would be sat twiddling your thumps doing nothing but waiting, crying that your funds are doing nothing for months.
playing with small amounts with just 1%-2% spread.. you can rinse and repeat the buys and sells a few times a day/week and when counting it all up after a few months. it will be more then 10% profitable
its much more achievable to get lots of little 1%'s often than to throw in a large amount and hoping it goes your way for larger sell price..
id rather take 10x 1% profit over a few weeks compared to 10% profit in maybe 6month
4. the reason i am using just 1btc/$590 as an example is because playing with amounts of $59 per order is a safer risk to play around and learn with until your confident, rather than throwing in mortgage amounts on single orders. so have a little play with small amounts until confident. and then invest however much you want to invest
5. emphasis however much you want to invest, split it into 5-10 amounts, again dont be silly throwing it all into one order
6. that said. dont put all of your funds into an exchange. only put in an amount you feel you can happily play with during the day. dont throw in an amount that is then locked for months. because day trading works best if you can withdraw funds being in profit short term. thus not risking a exchange hack/liquidation.
7. at each 'rinse and repeat' keep the proft to one side.
EG the 0.102 you got at $574. keep the 0.004 as bitcoin. sell 0.098 at $586 to get you enough to buy 0.1 again at $574 again, rinse and repeat
Price:$598 order:0.098btc receive $586(2%example)(this order would be 0.1 but put 0.98 order and keep the 0.002 as bitcoin)
Price:$586 order:0.098tc receive $574(2%example)(this order would be 0.102 but put 0.98 order and keep the 0.004 as bitcoin)
Price:$574 order:$0
Price:$562 order:$59
the aim is if you in the example eventually want more BTC. when you sell back to dollars you want to only be selling just enough btc to have an amount to buy the same thing over again(0.1btc per rinse).
some people would and could sell the 0.102 at $586 back to then have a buy order of 0.104 at $574 using the extra dollars profit.. but if you already have lots of dollars(due to other orders not hitting its best to start hoarding the profits as bitcoin)
8. as the bitcoin price moves you will start to gain a lump of dollar and a lump of bitcoin.. eventually having a somewhat equal amount of both to sell bitcoin on a high and buy bitcoin on a low. to keep orders active and profitable
9. now all that is said. no one can predict future prices and no one can guarantee predictable profits over predictable timelines. yes you can miss a good oppertunity if the price constantly moves in just one direction. so be careful and only risk what your confident to play with.
my tips are just how to help reduce risks of missing out on some oppertunities and keep orders active. but in no way is there ever going to be a fool proof method of guaranteeing profits
Wow, superb! I love this strategy and it fits my risk tolerance. I am not greedy and I tried to keep reminding myself to not to when I am in the situation of earning especially in gambling. Now, I have just made my first trade yesterday and I am doing it again today. The reason I trade yesterday was I was exchanging bitcoin to certain crypto currency to deposit and play in one of the online gambling sites. But yes, with that first trade (I was having exchanges with doge but no big profit at all) I finally fall in love with trading. So much more now that I have just read the post of Franky1. I have some low bankroll and I will try to execute the strategy of dividing into 10 and do the 1%-2% profit strategy of Franky1. Again, thank you so much and you made complicated trading seems easy and cool to me and I believe to others as well i like this strategy and i will trying to use with my funds and maybe i will make combining with my strategy because i don't use any exact strategy, its just only using my feeling on how much it will go down and how much it will go up. i am using my strategy because i only see on the market conditions and situations and then i can decide how much i want to buy or to sell. i need your permission to save it into my notepad, learn it and use it and combining for good purpose. thank you for this good strategy. Nice strategy franky1. What I do this buy when something is beaten black and blue. But the timing is everything, you don't want to catch a falling knife! I did this trade with DAO when it got hacked and made some profits. and another trade in hashnest with ant7 mining ghs. Basically, it buy at the bottom once the price settles down and sell when it rallies. Nothing is guaranteed, so play with what you can afford to risk Although you are still new in the bitcointalk forum, it seems that you really know your stuff in terms of trading. I love the idea of buying cryptocurrencies when it settles after a big downfall and sell when it rallys up. At the moment, I just do exchange: buy low, sell high and not yet doing the margin. I know margin is very profitable but can also evaporate all of your bankroll - a double edge sword. |
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hi i am getting addicted to gambling.And i am loosing a lot of money.I am loosing what i can't afford to lose.its sad that when you start loosing its just busted me again and again.at last i gamble for fun but now when i am getting addicted i am loosing too much. Any suggestions are welcome Regards thats the real problem where people always chasing their loses and lose all their money , why people can't content on what they have . play for fun and if you are winning stop withdraw your money and wait a days to play again because not everyday you are going to win nor you are going to lose and you will get nothing on your hand . Chasing loses is not a good idea and definitely not a good move. Although this is easier said than done because from time to time, there are still even veteran gamblers who are guilty of chasing their loses. However, most or majority of the gamblers that chases loses are the one that has no system and are just betting randomly. |
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i think the main reason due to which your mind always says to gamble is , your income source easily provides you a better amount of btc . if you have money you will gamble otherwise not .
so i think this is the money or btc addiction which says gamble with your money and get a big profit wjich is not so easy .
gambling to have fun and to have easy way to make money , both are the reasons why gambling so addictive , people who keep gambling even they have lost a lot of money are people who can not forget about the sweet winning , it is feel like so easy to make money and having fun after it. but it will not last forever if you talking about gambling. when you gamble, you are playing and on the process, you are winning certain amount of money and also losing some also. This is like playing video games - no wonder there are people also are addicted to playing video games. Fact is, when you are entertain in paying certain games, you tend to keep playing often until you get hooked. |
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When someone want to gamble with their money to earn money and spend all of their money and do not care about the coning days then I think it is wrong but if someone gamble only to enjoy with the games and for fun only then I think he will not spend all of his money in there so he will not lose anything and will not do any harm to itself
So in short, gambling can only turn wrong when you do it in excess like: bet money that is supposed for bills and family expenses, rage betting with no system, betting properties, and the like... however, if you just take it slow and just enjoy the process with money you can afford to lose, then gambling is definitely wrong that way.. |
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There is a really slim chance that gambling can fix your life, as you can ask how many people/gamblers earn for a living? Or are there any lotto winners who won the jackpot twice in a year? I think there is that thin chance on where you can fix your life by winning a big jackpot on gambling. And you will lose more money if you take that road.
Some people totaly change their lives because of gambling because some people get rich because of gambling they hit the jackpot or the luck are on their side and its on fire some people are playing gambling for their daily living , but if you are going to chase always your lose then probably you are going to get nothing Gambling really gives significant changes to extreme players. I call significant players when the gambler is either a pure random gambler and a pro gambler. In between of them are people who just gamble excess money and just for fun. But these two extreme gamblers are chasing for profit. The first one, pure random gambler most likely will have a wreck life while pro gambler will have great potential of fixing their lives or even get richer on the process. |
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I have noticed so many players are just gambling for the sake of profits only. But majority of them loses most of the games eventually as they are not smart players.
So how should we gamble in a smart way so that we do not get more frustrations due to continuous losses?
To gamble in a smart way is the only to become expert in there, as f you will have good knowledge about any game and will have a good experience in there then you will be able to play it with good manner and will be able to win every game. Even expert loses, expert are just good in managing their money in gambling but most of them are not successful. Only chosen people will become successful in gambling so we need to accept that reality that the smartest way to play in gambling is just to minimize your loses and enjoy. Even pro players recognize the principle of you lose some you win some. But to them, they can have more wins than loses by having many sessions and doing pre-planned bettings. They are not gambling or betting randomly, they have a systematic way of gambling and no emotions involved. |
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well i think gambling while rich would be cool, because it would be hard to lose.My big balance could always recover The odds are fixed and are the same for everyone, so it will be not harder to lose, you will win/lose in the same proportion as everyone else the only difference if you keep making the same bets that you did when you were poor is that your bankroll will be less affected by the possible losses. The question is, will you still be satisfied making the same amount of bet now that you have more money to spend? Will the thrill be the same if you are just betting a few hundred satoshis like when you are still poor? In my opinion, the amount you will bet will proportionally increase with the amount of money you have now. So, there are still chances the you can lose big and lose all your money. coincidentally, there is a max limit of bets in both physical and online casinos so it might be a good parameter for the rich to stop or just make the cap as a session. The wise rich can have many tests and the loss of those tests won't affect his/her total bankroll. The rich can use the advantage of having big bankroll. |
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I don't use PayPal anymore since I began to use Bitcoin. It is now almost a year and some months when I completely said bye bye to PayPal. I was also facing problems as there were too many unnecessary regulations. Bitcoin is just better by all aspects without comparison at all. It is injustice even to think PayPal is even near to whatever Bitcoin offers.
That is right. Paypal can hold your account to freeze or under limitation if they found some irregular transactions you have - in bitcoin wallet, there is non - zero questioning at all. That is the best thing with bitcoins. But I still have m paypal account though to receive some money from my clients and buying online stuff that not accepting bitcoin yet at the moment. Even though I know that, I still use paypal simply because most of the online stores that I often go to accept paypal. And I never haven't experienced any problems with my paypal account since I never really fund them any more than $500 and I would always withdraw them whenever I'm done with whatever I'm trying to purchase. I was also using paypal for my use, but after adopting bitcoin now it is not hard for me to buy anything online with bitcoin, you only need to know about those stores where you can shop with bitcoin and then you will not find any issue in there while shopping with bitcoin. I still use paypal just for the convenience of having to pay for sites that does not accept bitcoin payments. Well, there are quite a lot of online shops that does not accept bitcoin just yet so it is more convenient to keep my paypal account up and funded as a secondary option to bitcoins. This way I am able to manage my online shopping hassle free when ever I face the non-bitcoiners. This true. It should not be even a matter of question whether to have either or both because the wise person will have both paypal and bitcoin wallets. Both can easily be created and maintain and there is no significant reason why you dump one in favor of the other because they are both handy and for our convenience. |
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When it comes to my investment money i never put all my eggs in 1 basket. That's why i prefer to buy both if they have a future.
With gold and bitcoin, gold is the one asset which is safe, while bitcoin holds potential, risk but also the future.
in what way is gold safe according to you? that the volatility is less than what bitcoin is experiencing? i always prefer bitcoin over anything, but this year i bought myself around 20grams of gold. it makes my total gold holdings sit at 35gram in total. my target is to have 100gram at some point. That is right, we can never predict the price of either gold or bitcoin as well as their volatility. However, with bitcoin and gold, the latter have proven itself by the test of time in terms of investment. But with the recent advancement of technology and revolutionary inventions for the ease and convenience of the masses, bitcoin is in the potential to get high its worth on years or decades time - same with gold. |
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Many gamblers they keep coming back in gambling because many of them lose. And they want to return their lose so they coming back in gambling. Sometime they come back for make profit and others for fun.
beside that, they want to see if their luck will work this time and after they play in some time, then they will realize that their luck is not work for this time, and they guess that if they come back in tomorrow, maybe they can win some games. but once again, their guessing is wrong and they still lose money and more money. That makes them coming back, losing is not acceptable for gamblers because we do gamble mostly for profit so whether we lose or win, we still go in gambling and we will only stop gambling when time will come that we do not have money anymore to be use to as wager. you are right, they always want to catch up with their losses and then they lose even more so more harm is done, it is a really bad thing to be honest But for me only my fun and entertainment catch me back to there, I do not care for my loses n there as I do not invest much higher amount at there, I only invest that amount which I can afford to lose and can afford to spend for entertainment. The matter is simple, those people who come to gamble for entertainment and fun come back to play again only for getting that fun again and again, while those people who want to earn money from there and invest in there come back to earn again and again or come to recover their loses. This is true. However, there is as many reasons there are, as many gamblers playing whether on brick and mortar or online casinos. We cannot generalize the reasons why gamblers keep coming because there are many of them with different personal or work reasons. |
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Sometimes it happends to me also but not too often, since that we can learn just play with small amount aren't we ? What is the reason? Just unlucky, and you're lucky that you won with small amount tho.
for me it actually happens all the time, i guess it is just a coincidence because if not then it would mean that the websites are rigged yes, it is just coincidence, because if that is true, then we only see reds in high rollers. In gambling, everything is just pure luck. If you want to profit from gambling, then you need to create something (a strategy) that will give you more chances of becoming lucky. |
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For fun, if you try to do it for profit you'll just leave disappointed.
i also gamble only for fun all the time, in my opinion profit is only for the people who are still new to gambling and they dont understand that they will lose It is true that people new in gambling might play for profit but not all. There are new gamblers who are playing also just for fun. I also beg to disagree that profit is only to new in gambling, most of the gamblers who play for profit are pro gamblers. However, we cannot really generalize things as there are many individual with different goals playing in the gambling industry. |
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