Gambling Altcoins is better currently because of the lie transaction fees and faster confirmations but we have to be prepared to pay something extra if we want to exchange them for bitcoins and that's where a pot of people stutter.
One of the biggest costs in a normal online casino is the payment processing costs, every time a player makes a deposit using an e-wallet, bank account or credit card, there’s a fee that the casino has to pay and casinos usually compensate for some of those costs through reduced odds or bonuses for their players. But with bitcoin, deposits and withdrawals are free, so payment processing costs for bitcoin casinos are non-existent. That's true , if we are talking about gamble using bitcoin. But when it comes to altcoin there's a lot of things must be done , such as hiring an expert on altcoin market. And it cost quite a lot of money (more than e-money fees in fiat casino) that makes casinos reconsider to accept altcoin and choose bitcoin only. |
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personally i think to stop gambling for good is winning huge amount that you could not imagine it , then you go to find another way to increase you money like trading or something else
Lol what if you go broke trying to win the unimaginable amount? shouldn't one just start trading or investing to make money rather than gambling? i have started investing in some cool projects, wonder how much will i have in 2-5 years time. You could simply gamble as rare as possible , do it occasiinally such as once for two months etc. Gamble in regular time will of course causing you in big trouble no doubt. Instead get a huge winning in gambling you will always have bigger possibility to lost , so becareful. |
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for me i stop when i felt that i'm not lucky today because i know i will loose the game and might loose all the money i bring. i also put limitation in gambling because i might back being addicted in gambling, now i just focus my self in bitcoin.
Just stop when you feel unlucky and when you are seeing bad progress this day, all are red in your statistics there's no reason for you to move on. Worst comes worst if you won't be stopping for this day. But if you are in opposite situation and you are very lucky for this day, just stop and save some good amount from your winnings so that if ever you'll lose some amount you had secured your own with some. It wasn't that easy for sure , sometimes when you feel unlucky you will remain playing looking for the next luck. And it has no ending when you keep repeating the same thing again and again in the long run. Nothing can stop you when you are addicted already , one of the biggest challenge for you to stop gamble especially in profit. |
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the good thing with trading is that, as long as you are trading with high volume altcoins, you will not going to lose until you sell it. So, basically, we can just hold the altcoin we bought if the price is going to go down right after we bought it and will just wait before it increases again and then sell.
It is not really true like that and we know that the price is never stable for altcoin that is why it is sometimes hard to trade. Trading unstable altcoin is just like gambling because we can get alot of money instantly or lose everything instantly so it is better to choose to trade that is more stable coin such as bitcoin/fiat if you want to get money but I think more to take advantage of altcoin instability, provided we are able to withhold the investment we have planted in the time period until altcoin prices soar this is the best possibility to get a tremendous profit from altcoin, because many people succeed by doing this this is the best trading step for big capital owners Trade altcoin that not well known yet feel like gambling for me. As sometimes your asset in altcoin could get disappeared because of unfinished business made by the developer. They choose to exit scam , both not really different in term have high risk. |
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When we think about investments we imagine investors with big sums of money, so for btc casino it would be 1 or more btc, for instance. However, the minimum amount you can invest is usually 0.01btc which is only 10$. Do you think such investments are profitable but you earn small sums or maybe they don't make sense at all? Can someone explain it to me?
If you just want to experience/test investing 0.01 btc will do fine, but if you actually want to make good profit you're gonna have to invest more than that. Well but not everyone can start with a big investment so as little as 10$ investment can grow ito be worth something more one day just like Bitcoin was less than a dollar and it's now over 4k$. Yeaaa i agree that no matter how much you put the money as investment it could grow so fast unexpectedly. Noone will know what happened in the future , the project could be so successful or a product could be sold very well. Do it now before the cheaps getting expensive , that should be your mindset as an investor. |
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I simply follow my needs. Maybe my advantage is that I don't buy bitcoins but earn them so I'm not so worried about the loss when the price goes down. I sell my coins or use bitcoin debit card when I need some extra funds but I'm always careful not to spend everything. When you sell it's important not to lose the funds you have invested.
Why we should not buy bitcoins. That will increase in future for sure. So everyone will looking to buy the bitcoins whenever they get the money. I do selling bitcoins whenever I am in need of money unless that I won't sell my coins and save it for future. You will definitely knows most of the people hold the bitcoin for long term. I am considering that as much savings as well as investment to grow. Those people who did not brave enough or don't want to buy bitcoin usually feel insecure. They are don't really believe in bitcoin and full of fears to lose their money value. You can do both earn and keep buying at once btw. You should never sell your bitcoin as it is gonna so worthy in the future just hold it as long as possible. |
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If you are gambling for fun and expects no profit or returns, then fine, but for me, gambling is very risky since sometimes it involves tricks and can even make you go into debts, but for investment even if you lost your money you can never have debts from the investment assuming you did not borrow the money for any of these two.
Yeaaa it is always be a better choice for investment if you compare it to gambling. Besides gambling proven as destructive while investment is constructive especially when you have become an expert. I just don't believe there's someone who expert in gambling. |
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Yes, i often gamble using only profits. Because, i was able to become a blind gambler. By using the profits, i can avoid the bad conditions that will happen in my side.
If you have a big amount to play with in the beginning, then it will be a wise move to put that into a vault and play only with what you have earned from it. Safe method of gambling is when you are playing with the money you earned from your original bankroll. I also prefer to do this because there's nothing to gain if you had won and you'll spend your original bankroll and will keep the profit. As it is still depending on how much you earn, if the money you earned is higher than your bankroll then it's good to keep the winning and play continually with your original bankroll. Do you think it won't make you addicted ? The more often you play the more risk you could get. Gamble occasionally better than have to keep playing no matter with your profit or not. As in the long run there's nothing could make you really get a profit. |
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for me. If want trade many token I use bittrex and for trade usd and btc I use wex
Bittrex so far so good , have not receieve serious problem with them in the last few months. I have traded arbitrage there for long time anough and tge support also quite responsive. I don't know with other people vouches , that's only my experience to choose them as one of my primary exchange. |
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I bet on uk irish horse racing,curretly i dont bet becouse i lest my betting site and i have no force and time for making analysys.But i will bet again it is great satisfactions to find winners with 7/1 to 20/1 it is possible only on horse racing
That's true , sometimes when you really know what you are doing in horse racing it is really easy to get 5 or 10 multiplier. I have several coworkers who bet on australian horse racing books , they really looks so easy make money there. If i am big fan of it i will do that bet , unfortunately i don't like it much. |
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There are a lot of videos about graphical reading and technological analysis, you can take advantage of books other than informative videos, if you have a stockbroker friend you do not need anything else  Yeaaa and then if you tired to learn and understand from those videos/ books . Simply you just need to train yourself often more than usually , keep it up until you feel you have get used to it. It is just the matter of time you will become so familiar with every single market condition , you just need your feeling in the end when you have mastered it all. |
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Debt is really a big trap. A smart gambler have to be careful and control him self to not get addicted and drown i debts. Paying back people is not easy especially when they owe you big amount of money.
that's why its not advisable to borrowed money when you are going to play gambling, its really a risky move coming from a gambler, he can't focus he's mind thinking if how can he pay it if he lose it there, i still believe that we should treat gambling as a sort of entertainment so we can only use our owned money something that we can afford to lose. You know that is really wrong to get a loan for the sake gambling. But still you do it however right? It is an addiction which drive you to always doing the same mistakes . You cannot really handle it unless if you do have a babkroll management and selfcontrol in every single day you do gamble. |
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gambling offers some kind of fun that makes you always asking for this game. also, the fact of having too much choices in betting makes you sure about the possibility of winning in each game.
It is the rush that most people come back for. Or others who doesnt have daily jobs tend to find it productive to play gambling so they atleast can provide financial support to their love ones. The feeling in your head, the excitation of the probability that you are going to win again in gambling. But for sure it would require something to be lost in order to gain and most of the time, that's how life works. It cost too much money , gambling is really an expensive entertainment with its big risk. Things make gambling addictive because of its easy making money potential . While actually the chance for you to make it happen really small, you will lost definitely. |
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I remember back then when a friend told me about bitcoin, he first brought me to bitcoin gambling and taught me how to play dice and sport betting
i knew the risk and consequence of gambling but i dont set limit on myself while playing, this kind of attitude lead me to lossing.
back then i've lost almost 1.3 btc(2015 price) in span of 2 weeks and that experience taught me a hard lesson to control myself or set a certain amount while playing.
When you know the consequences of gambling , you should know your limit then. As things should prepared well in gambling otherwise everything could messed up later. Always try to stick to the rules , and you might will have a real limit when do gambling. |
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Most of all will rise with it so as with falls. It's just because of one reason, "almost" all of this altcoins market cap are usually funded by bitcoin. Same as etherium, where there are many situations that when bitcoin rise, it also increases it's price. But somehow "unsual" things happened, they go with opposite directions. Maybe because of individual news or events like hard fork in alts, like in etherium when they are about to fork the network most of the users take advantage of it to dump. Or sometimes, when bitcoin is about to rise people use to dump altcoins to switch to Btc. So it's all of a matter of time and events. But usually they go with bitcoin.
Actually when the bitcoin price rise so high altcoin went down and make an adjustment slowly. It cost quite a lot of time , and you could make profit with that situation. All you need is an experience deal with similar market condition and a lot of patience. |
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All of the bitcoin user want to success the bitcoin in the future because they want to increase their profit if the price of bitcoin continuously increase and iy is because also by the increasing of user. Most of the user want to success the bitcoin it is because the bitcoin is their source of income, this one will now to sustain the daily needs and financial needs. If bitcoin become successful, I think many people will give a thanks in bitcoin due to their benefits and opportunity of giving an income.
But before doing anything like that, governments also need a reason. What would be the reason behind taking such a senseless step ? Nothing like that is gonna happen. Rather more and more governments will realize the importance and power of bitcoins with the passage of time. Fingers crossed! I will second you without having a second thought. I think the Governments will be more influenced towards Bitcoin by looking at the way it is earning so much name in the market. Also, the way it is changing the lives of so many of its investors, Government will surely take positive steps in order to promote it. Governments should take positive steps regarding bitcoins because it is their moral duty as well and legal to promote things that are benefitting common people. Bitcoins have made lives of many people easier and have helped them to achieve their dreams. Bitcoins should be supported by governments. Not really as easy as you said , when you as a government have to make a legal move about bitcoin , it has a lot of consequences. You might could adopt it step by step slowly but still the current money form/financial system have to taken care first. And it is requires a lot of time! I believe for sure digital currency itself as the future. |
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My first time betting was dice at a casino that no longer exists. I did well there and and won a lot. Then I went to another casino and lost it all.  It was fun and am gambled a bit more. I don't gamble much these days because I am afraid I lose all my money. I'm good other people enjoy gaming just as long as they set limits and gamble responsibly. So i guess you are not long enough get started to gamble right? As mostly people around here start to gamble because of sports , they loves certain clubs and put some money to stake. Good for you to did not become an addict , as when you feel you can not stop gamble , you are really in trouble. |
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I don't see it as a bubble, I don't think people are taking the money completely away from the table and back into the pockets. It's panic selling, keeping it in fiat/usdt until things settle and then jumping right in.
That is not what it means a bubble, a bubble means that an asset is overvalued, it does not matter if people get into bitcoin again or if they leave for good, but it is obvious that bitcoin is not in a bubble, the growth is justified taking into account everything that has happened in this year. Bicoin in Bubble few weeks ago when the price reached $5,000 . Where actually nothing support bitcoin to get achieve it in the near future but the market reach it btw. It has been happened several times , you just ned to know the nature of bitcoin market itself. |
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Actually i usually gambling with Bitcoin cause they're the most popular , sometime i work on captchas and i have some called "mrais" , so i will gambling on raigames.io . Yeah, only gambling with BTC and mrai ( from raiblocks captchas)
Honestly, for all those people who gamble with bitcoins, I really appreciate their nerves of gambling with such a precious asset. I have never seen anyone gambling with gold so it really stuns me when people bet with BTCs. I consider BTCs as digital gold, it is even better than gold. I will also advise to use your bitcoins somewhere else. The condition and facts on the field says that cryptocurrency has alot of benefit. Especially when it comes to gambling , fast transaction confirmation and low fees is the most wanted. Once they have tried to use it they will feel comfortable and that's what makes people interested to use altcoin to gamble . Yes I agree. It's just sad that most betting sites are only accepting bitcoin as a way to gamble in their platform. It's rare for me to see gambling sites that use a wide range of coin variety (one good example is crypto-games.net). I guess there is really a hard task in maintaining and handling altcoins for gambling, since there are many factors to consider like wallet availability and chain status. Yeaaaa i think what the casino really consider is about the altcoin network stability. When it has poor network , poor support leading to scam or disappeared worthless they won't accept it anytime. A lot of consideration , and required an expert trader / analyst to do this , really not an easy job. |
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Luck can not be experienced often, if once lucky, take a win. Just need to figure out for yourself how much money you can lose. It happened that I won small amounts, but even this is nice, although it was pure luck. And there's always something to spend on that.
It's not bad to win even in small amounts when you gamble for as long as you don't really lose all of your money then you'll be fine. Not most people are able to take money or make profit when they gamble.. so I think you're lucky enough to win some small amounts when you are gambling. Everyone will get busted when looking for profit continuously in gambling! That's the fact and you should aware about it to make you won't waste your time and your temporary winning. Use it for something that you can sell it later in higher price such as for a promising investment , not just for make yourself satisfied. That's s good advice, most of the time I save my winnings into bitcoins or buy something worthwhile with it . I'm planning on spending big this Xmas and so since the start of the football season I've decided to save my winnings separately so that I will use them in December. Yeaaaa better to do an investment , so whenever you get lost in the future you have a fund backups! As i believe sooner or later when you gamble in regular time everyday you will have a lost phase , and it is sucks. Saving from gambling for me will never work , but locked it on an investment much more reasonable. |
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