Honestly I never look at gambling game as a profit generating tool. Because you will be disapponted and stressful if it does not meet your expectation. I look at it as tool for entertainment with risk involved. So I only gamble when I am bored and want to have some entertainment and fun.
in players view, gambling is never profitable but in gambling site owners view it is like a well of money with players throwing away coins to them. for me gambling is just a game, i don't take it seriously, i win or lose i need not to be greedy, i just want to enjoy my free time That is what our mindset should be, play gamble for fun only. If it is no longer fun at all, stop at once or you will be losing money you never intended to lose in the first place. What keeps gambler lose is when his/her emotions is the one dictating the betting already and no more following of pre-planned bets. |
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In sports betting, I do my research and look for the potential of an upset before deciding where to bet on. Also, I don't bet more than I can afford to lose, which is important.
Sometimes, I also follow the picks of a trusted tipster on this forum.
I think this is a must if you want to bet on sports betting. Research statistics of each team, the different factors that might affect the outcome. And i heard reverse martingale is good when betting in dice. Anyway, my strategy is to have a limited bankroll , using only funds that i can afford to lose and stop when i reach my winning target. If you are patient enough and passionate about the team your are betting on in sports betting, then it will be a fun journey of your sports betting life. That is way different if you are not into sports and just betting randomly on teams. Anyway, I never heard about reverse martingale - may I know what is that? Reversing the amount of bets from higher to lower? |
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Yes. I am a strong believer and supporter of Bitcoin. I simply refuse to think that current price is the end of a road for BTC. There is still bright future ahead.
That is why I put my every penny into Bitcoin expecting a huge return of investment in the future. So far I am very pleased because I never lost any money.
since when you have invested your money into bitcoin? if you did it since the first period when the bitcoin price below $100 then it's no wonder you could say "i am a srong believer" etc as you would still receive a profit when the bitcoin price go up and down between $600 to $400 . but if you aren't you wouldn't so confident like that. I am not an early adopter. I never had an opportunity to buy bitcoin under $100 or even $200, as far as I remember, since I joined the BTC hype train after that huge price spike in late 2013. We haven't reach bitcoin power peak and I am sure we will see even greater projects/upgrades in the future. It is not end of a road for BTC it is only a beginning. 7 years is too young too say that this is the end of the road of bitcoin development/price. We saw the development of bitcoin in previous year and to the time it was created we saw really huge potential of this coin. Even we are not an early adopter its still fine we could buy more bitcoins as of now because we believe that the price would spike in the future the same on what happened in the 7 years time span. Bitcoin has a potential like that of the internet few decades ago. Many big investors are investing to it and many people, like us, are using it and is loving all of its features. When you get to hold of bitcoins, you will fall in love and want more. With that kind of feeling by everyone, bitcoin will have its massive support of the populace and will continue growing in time.. |
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I used to invest by bitcoin. I love to invest in some kind of HYIP programs. But they all turned in to scam so i did not invest anymore. NOw i use bitcoin as a currency to buy and sell things.
If you want to invest I prefer to invest on such gambling or casino site's but yeah it's not like HYIP can give profitable double in 24 hours but better it's safe but still risky tho. That's good you've started trading now with Bitcoin, mine too but still I'm using both of them and mostly as currency as because investment for a long term. How I wish I could start trading. I am seeing myself trading soon. I still need to study the workaround and the fundamentals of trading though. I still don't have ample time at the moment but I am seeing that I can do that within the end of the year. It will be my retirement hobby soon  |
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Can I choose both? Honestly if I have to choose one, I would choose the one tested of time, that is gold. We know that gold has been here for a centuries now. Before it was used as a coin/money to buy or to trade something like foods, fruits, animals, fine linen, silk, decors like that. And it is still existing up to now and one commodity to invest at the moment. Bitcoin on the other hand really gives us promising income. Many investors are looking up and buying some bitcoins for investment.
Well put. It is true that gold is tested by time and it is till one of the best investment that we can go into. With regards to bitcoin, although it is still new compared to gold, I am looking at bitcoin as the internet - internet is newer than gold but look how far it goes now, it is part of our lives already. That is the same thing with bitcoin, it is already part of my daily life and it will soon to other people.. |
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Gambling captivate so many people, and it has to attain to the level drugs. This hobby is not only ruining the man and his family, but also psychologically traumatic for the player.
No, not like drugs, there is a difference between the two addiction... Drugs destroy your brain, drain it til you are almost like a dumb up to being an imbecile... Though both addiction can be cure thru rehabilitation, the damage that drugs has made to your brain will be permanent... Yes these two addictions are completely diffetent from each other. Right drugs make you mad,the mind and whole body destroys slowly from the inside. It takes all your money as well as health at the same time.And in gambling tthere are people who do it for fun but i dont advice anyone to take drugs for fun. Well it is better if you are going to be addicted with gambling rather than you are going to get addicted with drugs. But I think that is going to be associated if you are not going to be a responsible gambler then you are going to become an addicted drug user too. As I have watched in a movie, those addicted gamblers are also using illegal drugs. It will both result to destroying your life, it is never good that you will be addicted in any of them if you have a choice. But when you are addicted with gambling the worst effect is you will be living in the street as there is a big chances that you will go bankrupt and loss your job. Seeing a lot of my friends with their experiences, gambling is the most chaotic addiction rather than drugs. They tend to spend a lot of money in gambling while in drugs just take a pill and maybe in hours they will sleep. Very far with experiences in gambling, there will be sleepless nights, the adventure to find a friend who can lend you some money and other stuffs that they sell just to gain money for another gambling havoc. That is the extreme case of gambling addiction. I am a gambler and I don't go up to a situation where I sell things to use for gambling. I don't chase friends to ask for money and all that stuff. I only gamble a money that I can afford to lose. |
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I may do this if bitcoin price goes up to 2000$ and singature campaigns pay the money equal to what they are paying now.
Lol I think it's useless if bitcoin prices rose as high as $ 2,000. but you do not have a job or income bitcoin permanently. I think the main consideration is the steady income Well yeah how you are going to enjoy the essence of bitcoins high price if you don't have permanent job and you can't even try to get one. That is why having a source of work with bitcoin is going to be better at all. But if you think you can work full time with bitcoin then that's a good way to enjoy the essence of price fluctuation of bitcoin. You should treasure your job the more your treasure bitcoin as you regular job will surely provide you a steady income, only quit your job when you know already how to earn consistently in bitcoin world. as of now im on a leave without a fee for almost a 2 months now keeping myself involved with alt trading and keeps on learning how to make it stable, i'm relying my daily expenses coming from my earnings so i guess quitting my job is not a good option i still needed it until i have a good investment and good understanding. Having a day job is precious because we rely to it on our expenses in our everyday life. Bitcoin is good and we must treat it as a sidejob to earn extra income which is really good for us. In your situation bro , you must be thankful to bitcoin even you stanby for two months atleast you could sustain it with the help of bitcoin. A day job is very important especially if you don't have any source of income. I quit my job and focus on bitcoin but before I quit my job, I see to it that I have savings for immediate needs along the way while doing bitcoin stuff.. Now I am at the end of my rope, all of my savings are gone and bills are piling up already. I still holding on though up to the very end of it and face this boldly with all responsibility and accountability. |
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i have no strategy to gambling i dont believe any strategy to gambling
because only lucky needed to gambling but sometimes i choose low odds to win
but if we win only get small amount from the bet and this strategy not always make us win
This is going to be a better strategy once you are already gambling. Because it tends that you are going to lose even you are going to have your own strategy with it. That is how I was doing when still I'm an active gambler and it is a very good strategy because even you are not playing with strategy. You are not expecting to win but suddenly you are just going to win with your luck. Proper bankroll management and having many sessions gives us more chances of becoming lucky compared to just bet all in our bankroll. Having strategy eliminates the emotion side of gambling because all you have to do is bet according to your pre-planned strategy. Having no strategy is betting in random and that thing can involves a lot emotions and that is a bad thing when gambling. |
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if you give me 10 bitcoin i will open up a business which is i will sell the very in demand product here in my area to keep my business alive and/or restaurant because here in my country Philippines most of the people or all of the people here are food lover that is why i think i will gain more profit if i have that businesses
I guess if you are in the Philippines and you franchise with Jollibee, the counterpart of Mc Donalds or you franchise to Mang Inasal, you will become richer in no time. Those 2 businesses are doing well there I believe. However, I was informed that the franchise fee of those two are serious money - millions in Philippine money. |
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I'm prefer invest , as long as I have trust that the site was legit one , feel no regret eventhough I'm facing some losses.
But still it provide some risk just like gambling !
but to me gambling is very good than trading but if you are good gambler having good experience and skill with a good luck. because in gambling one can earn money in no time and cam make you rich in a very very short period of time. but if am just suggesting you, as gambling is one of the most risky game of the world. I never gambled and will not play. I have not once heard and saw the consequences of dependence on games. Well, in that situation you have that try it to know the consequences. But I can tell you now, the consequences in gambling is not really good if you are not ready to face and take the risk in gambling. Majority of us loses in gambling so we should be ready if that will happen. yes indeed the assurance of gaining profit is too small so it is really not advisable to risk your money unlike with investing you can control and you can go out when you decided to quit. and also you have a lots of time to study the market before you proceed. Gamble and investment have the same risk but same as you said in investment you can go out easily if you want to quit and you would stop your losses with that but in gambling you could also actually stop but you cant control the losses or losing streaks itself which is really hard and this thing would make you wrecked. the more you lose the more you desire to bounce back resulting to more damage or more loses from your money, unlike investing if you seen that the loses is coming so deep you can quit and find another one, and buy doing so bouncing back is more likely can happen for you. Well it is better if you are going to do both and you are going to manage both of this activity. Because if you are going to be balance with everything then you are going to have good output from it. It is just like you are going to lose with gambling and you are going to win with your trades. But it is going to be worst if you are going to lose to both of it. You just do it what you afford to lose. When you know what you are doing with gambling and investing, you better go both. If you have no knowledge yet as to how to gamble like a pro gambler and to invest like a good trader, then better stop and study first how to do the right thing to either or both otherwise, every penny of yours will be gone in the wind. |
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Today was a rough day for me this in regard. When i bet .02 I win, but when I bet .1 I losee every damn time. I bet .12 on a parlay of Atletico Madrid and Napoli, and both lost even though they were very heavy favorites. It's quite odd how this phenomenon seems to be true for me. Maybe when I bet big, I'm not thinking out my bets as clearly since I'm trying to chase losses? who knows
This might be a very good explanation. Maybe you take more time counting the money you'll earn than analyzing the probabilities? I can tell you that whether you bet 1 or 1000, luck is luck. And if you're into sports betting as you say, you should analyse even more bigger bets. Make sure to control the risks. It is just actually the same, betting big and small amount. The only difference is that, when we win in a small amount of bet, we don't feel the winning much. But when we lose on big bets, we feel it to our bones the loss. Fact is, when you win on small bets, you were just lucky and when you bet on big amount of bet, you are no longer lucky. |
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I personally think that I am pretty good at managing my money, based on my knowledge of what I have in the bank and what I have been bringing in over the past few months. I'm not financially dependent on anything or anyone, and I have some money in the bank that I can play around with a bit on top of my savings, although I'm not sure if I have any interest in doing anything like that. I'm always trying to earn a bit more on the side because I don't have that much, but so far the budgeting and everything that I've been doing has seemingly gone well.
I'm happy to hear that. knowing how to control cashflow is the key to good money management. The cashflow must flow towards assets and not towards liabilities and unnecessary expenses. Expenses on bills, foods, shelter, and other basic needs are necessary. When most of our cashflow are towards assets column, we will reap a good harvest in the future. |
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I`m surprised with all this comments!!! There is so many smart, stupid, funny, crazy, sad, ugly comments. Why this thread is still open for new comments, and more bullshit?
Roughly there is 100 same comments of each suggestion, and each suggestion have couple confirmations. I wonder did OP read his thread until the end? And did he quit gambling finally?
He need to tell us what happened in the end with his life and to lock this thread if its possible. There is no more place for any new suggestion as I can see.
Maybe the OP has completely quit from gambling and is now happily spending quality time with loved-ones in the bahamas or is now hiking in the mountain and just unplugged from technologies for awhile. Maybe, he will no longer open this thread again as he completely detach himself from all of this and now live a happy, hopeful, and meaningful life. However, here we are still giving advice to the OP Even if the OP is already happily spending quality time in the bahamas and already quit gambling, there are still a lot of gamblers who may need to read these advices and may help them too to quit gambling. This suggestions are not only for a single gamble, but for all gamblers out there who may need this help. Totally agree to this. The advices here are good not only to OP but as well to everyone who are suffering from gambling right at this very moment. Letting this thread not locked by OP offers venue for everyone to share thoughts and help one another against gambling addiction. |
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Many people here don't seem to understand bitcoin at all. Bitcoin at 1$ can't happen. As it drops, either there is no particular flaw and the drop won't go too far, or there is a big flaw and bitcoin will simply die. Miners will stop their hardware, and you won't be able to even send or receive bitcoin, let alone exchange it for fiat.
Of course we all know that bitcoin is not going to fall at $1 but op is just getting the opinion of the people here and majority tells that it is going to be a good time for buying a lot of bitcoins. Because falling of bitcoin is going to be happen only for a short time and mostly the rising of price is going to be longer than its downfall. If bitcoin falls to $1 then it will be the best time to collect maximum coins, as everyone is sure that it has an potential to rise again in future, so after that even if it reaches to $100 then it will be a great profit to earn. I think the potential bitcoin after falling to $ 1 would fall dramatically I think once that happens, the better withstand the desire to buy because it is very likely the price will actually be down very sharply and the price may be dead. so look at the situation before buying dude Well if no one is going to buy with that price for sure the economy of bitcoin is going to be dead for real. But I know that there are a lot of people who are very wise in the economy of bitcoin because it is always going to be profitable for them even what it is going to happen with the price of bitcoin. If the price is going to be low then they are just going to buy. Thats not the case since as they see the bitcoins price had declined they would lost their trust to it and for sure there are new alternative or new alts that would take the place of bitcoin and those big investors would buy those coin rather than to bitcoin again which they already saw that its already declining or even dead. If you say that the bitcoin is going to die i do not agree with you mate and there is no alt coin will replace the mother of crypto currency and i also not agree with you that the users will lost their trust and bitcoin and just pick other alt coin to invest. Some users do investing in alt coin but it remain their main cryto currency is bitcoin. He didnt say that it would happen he already stated bout his view about the possibilities when bitcoin price would go to $1 price. He might a point though i think because if bitcoin would decline like that maybe ether or any alts would rise its value against btc then some investors would find a good price alts rather than $1 of bitcoin, you could only say that bitcoin is superior because hes top of the cryptocurrency world . Good point. Instead of investing to bitcoin that decreases its value already to $1, invest instead in other alt coins against bitcoin. Well, the big profit here is the process bitween current bitcoin prices down to $1. When the $1 mark is reached, less to no profit at all if we invest to other altcoins against btc. |
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If anyone wants to gamble very safely then he/she should not think about getting profit with gambling.Because higher the risk then higher the chance of big loss as well as big win. So they should take gambling as a method of entertainment or fun for them.Just gamble really very small amount so that if you loss then they make no effect on you,so that will be pretty safe,not much risk then you are safe.
Correct, we should only gamble a small amount so we can still enjoy gambling, with a small amount we are sure we can afford to lose that amount and that should be bear in our mind that anytime we can lose in gambling because our chances is lower compared to the house. When we gamble randomly and does not create any sessions, pre-planned bets, and bankroll management, we will surely be eaten alive by the house. The more we get to their bait of playing randomly in a longer period of time, we will surely not win. |
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Was planing to invest on a gambling site since they said its a gauranteed profit since the house can't lose but I'm still skeptical about it, i don't have much BTC so I have to make sure whether its going to be profitable for me. What possibilities could happen to the gambling site i wanted to invest into and how am i going to lose my investment in such a manner?
Every investment has its risk, not only in games but in trader houses and exchanges, u can lose the market price in biticoin have to anliser which puts your money, study the stes, strategies,% gain and lose, return investment, if you do an analysis before and estudandando the possibilities greatly reduces your losses.  i will not say that profit is guaranteed in investing on gambling site but it is good than investing on ponzi.. the probability of loss oh house casino is very small because the great odds on winning is in the casino favor. hahaha. but i will suggest a simple investment. Just buy many bitcoin as you can then wait next year to sell it. im sure you will have profit on just holding them. My safe and effective strategy. I dont think it is real effective startegy though because to wait for a really long time meanwhile we never know how much bitcoin price will rise, it is really a gambling thing though and if there is pump before that time you will miss it for sure. It is better if you spend couple of time a day to check it and trying to get a profit each day. Btw investing on casino is a guarantee profit though, it is just matter of time until you really get much profit and in the long run their profit will always rise if you can place your investment and forget about it for a year for sure you can feel your earnings, time frame is very needed in terms of investing with gambling house because of small amount of house edge but for sure the risk is not that much because no casino owners put up the business just for charity, so instead of playing against them much safer to play with them. Short- and long-term, it is still risky. You can go from +300% down to -30% in a matter of minutes or days at any given time. No matter what you think, you are taking a risk when you invest in the BR. We have to always remember that when we take risks, we always bear in mind that we can lost all of our investment at any given time no matter how high or low the risk would be. In terms of investing in online casinos, you have higher chance of profit than you are playing in that casino because of the house edge. However, even if you have the house edge in your side, there will be some lucky players from time to time or much more, sharks will be playing altogether at the same time and before you knew it, all of your investment are gone and now in the hands of shark players. |
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Hi Lutpin, thank you very much, payment received! I just would like to say thank you also to you and lightlord for updating in spreadsheet my rank as Member.. This is my first signature campaign and I am really happy and proud to be part of 777Coin Signature Campaign. Thank you and More power! Regards, 8Habits |
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for now I'm using it as an currency to buy some extras on the internet because I dont know where to invest it and I dont have any trading skills at this moment . hoping this year that I can use bitcoin as an investment so that I can have extra money to use in real life.  Lol I think if you do not know where to invest bitcoin and how much you want to invest I think you just need to hold the course in your bitcoin wallet and wait for prices to rise. you have to have is patience I'm sure you will benefit from this investment? why do not you try it? Yeah if one doesn't have knowledge of trading and investment then the best thing is to hold them for future, no doubt holding will not grow your coins but if price goes higher in future you can earn good profits from it. Yes, for a newbie who are new to bitcoin I think holding a great way to do. Because if they have long known bitcoin, then later they will also know about trading. Due trading requires knowledge and experience about the market analysis. hehe But it is also going to be a good thing if a newbie is going to know how to use his bitcoin for real life as a currency for sure he is going to be encourage if he ever manage to use it as a currency. And of course at the same time it is also better if he is going to hold some of the portion of his bitcoin so that he can have his own investment. There is no complexity in using it as a currency, they can use it wherever they want, but as a newbie they might not be aware that which is the right place to invest their coins. Most people that get into bitcoin, do so because they think it will increase in value in the future. Most people treat Bitcoin as an investment and not as an actual currency, and that is ok. People should be free to do so. Until the usage is more mainstream and people get paid in Bitcoin, it doesn't make much sense to pay with Bitcoin for most of the stuff out there when fiat is enough. Sometimes it is very useful for certain services, but most of the everyday stuff can be paid in fiat. That is right.. I only use my bitcoin for exchange, loan offer, and deposit in gambling sites. The rest like shopping both online and offline are done with fiat money. I prefer not to use bitcoins to buy it for things and other services unless only bitcoin is accepted. The reason is that, bitcoin is very promising and can raise big at anytime soon compared to fiat money that slowly moves its value (can even decrease its value through inflation). |
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I would rather choose to invest than gambling, they are both risky but investment has less risk compare to gambling. You can make profits in the long run from it just make sure that you are in a good and trusted company. I invest my bitcoin through holding...
Thats a right decision there pal, and almost users in here would have the same answer to yours. Investment would be the best if you are planning for a good long term profit because in gambling you cant guarantee your money their because almost gamblers out there lost their money in the end. Its better to hold your bitcoin than to gamble. If we all know how to invest and you have enough knowledge and enough money to start investing, why not try it? Becuase for me investing is not dangerous if you just know how it works, and for sure there are many people who will also guide us with our investment that is also investor too. They can also help us and they can give us an advice. Because gambing is only relying with our luck. Yeah, investment do not make us to lose our money but it is only the lack of knowledge with which we are unable to manage our investment/business and so we lose there, before investment we have to make sure that in that particular field we are expert and we have good knowledge about that field otherwise we do not have to go there to invest. Investing is always calm earning money with minimal losses. The risk of course is, but it is not comparable to the risk of gambling. Gambling can take all at once. Usually gamblind will lead anybody to a loss, it can be a big or small but a loss, for other side investement will maybe allow you to roi, or atleast you are taking a lower risk doing it, if the roi doesnt happen atleast you had risked and you know you had try. What do you mean "will maybe allow you to roi", its not like those ponzi or fake cloud mining scheme where you deposit and wait for roi, as i know you can divest any time you like from casino. If i earn 10% of my investment in casino i would be very happy, everything above is bonus. Even those casino investment is still risky because you just invested your money on their and waiting for a month to get your shares but the risk is still there you wont guarantee that it would last long unless its a famous casino online because some casino site ran and taking all money of the investors which is really bad. There is still a ris in investing coins to online casinos. However, that risk is minimal compared to you betting on these gambling sites without any good plan and strategies. Fact is, the house always have the edge and when you are investing to the house, then you have greater chances of profit thatn playing against it. All has risk even buying bitcoins and wait for the future to rise but we still choose to invest because we believe the reward is bigger than the risk and in that sense we should be comfortable while just setting and watching our investment grow. Gambling are one of the profitable industry so you have a big chance to win if you invest. Gamble only if you now what you are doing. Same is true to investing - invest only if you know what you are doing. Otherwise, you will end up with nothing and you'l ask why. If you have knowledge and skills to either or both gambling and investing, then you are good to go otherwise, better take homework first. You will thank me later. |
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Money is sometimes called a drug takes you to the sky. Money is addictive. No one in the world don't stay without money of any form. If you can loot money, do you stay inactive, so gambling is addictive.
I dont understand that and dont agree with you.Money is invloved in many other things in a business there is alot of money,In any job you gonna get your salary in money but you never gonna get addicted to a job or a business. The thing is whenever we win in gamblings it is very easy money that is earned by a lot of work.so people think its a pretty easy way of earning the money without doing much hard work. It is not actually the money whose the main reason why we are addicted in gambling, it is the entertainment we get and thrill in game of gambling, rich people does not aim for money anymore but they gamble because they love to challenge themselves and to enjoy the game. That is true to some but not to all. There are really people that plays gambling for fun and that is what we are supposed to do. However, professional gamblers are not playing it for fun though, there are playing it for money - for profit. |
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