Earning a living with bitcoin is really difficult, if the price fluctuation is very high. Based on the price we need to make a decision whether to have a living with bitcoin or not.
Yeah, you are right. But if you want to living a life on btc, i think you have to be good gambler. Gambler may earn through which it can live its life. Gambling may be possible for the living of life on BTC. Gambling is not a sure thing and relying on gambling bitcoin to earn a living is insane. You are throwing away your life if you really rely on it. As if the risk of living on bitcoin is not enough for you, you have to add the risk of gambling. What will happen to you if you encounter a bad week and had a losing streak? Where will you get your sustenance then? |
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I have the courage but I am not stupid. I would not risk my future and the future of those who depends on me on a gamble. There is just too much at risk there. If it landed the other color he will be a beggar. If you are a bachelor maybe but if you have children, you are just insane if you do that.
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Feel a fear from God, God do not want you to gamble with your money.
If you have fear from hell the you will definitely leave the wrongs for good.
I'm not sure your method could make people leaving gambling immediately, they need more than that. Sometimes people will ignore any order of their religion to do everything they want. A lot of people these days are atheistic. They don't believe in god and will not fear it. Also fighting negative with negative sounds wrong. just be strong and trust in your capabilities to stop. Religion cannot stop a man from gambling if he wants to gamble. It is in our nature to sin and if gambling is a sin, then it is in our nature to do it. Self discipline could cure gambling addiction better than religion in my opinion. |
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Yes I think it is wrong. And not good to do it. But some people have won a lot of money with gambling so they see it not as wrong.
But the most lost a lot of money with gambling and that is very bad, and it is all wasted...
yes.. and the other thing thats why gambling is wrong because gambling is so addicted thats why they are saying gambling is wrong but actually this is just a business and gambling is for fun and not to lose your money.. Gambling is really just for entertainment but people get hooked in it even if they are having a losing streak. They lose money and come back to win back what they lose. Then thay lose again. This becomes a cycle and becomes an addiction. That is why I think gambling is bad, especially to the undisciplined mind. The only thing that could make people be addicted in gambling is because they have won there, so they thinking that they are pretty luck and could win more, but after that they lose. If they never got any winning before, there is no reason for them to be addicted. Either its beginner's luck or the house let them win but almost every new gambler wins. It's when they come back that they start to lose. This happened to me, luckily after I lose, I did not do it again. But there is always temptation to try and gamble again. |
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Yes I think it is wrong. And not good to do it. But some people have won a lot of money with gambling so they see it not as wrong.
But the most lost a lot of money with gambling and that is very bad, and it is all wasted...
yes.. and the other thing thats why gambling is wrong because gambling is so addicted thats why they are saying gambling is wrong but actually this is just a business and gambling is for fun and not to lose your money.. Gambling is really just for entertainment but people get hooked in it even if they are having a losing streak. They lose money and come back to win back what they lose. Then thay lose again. This becomes a cycle and becomes an addiction. That is why I think gambling is bad, especially to the undisciplined mind. |
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It take will power to quit anything. If your heart and mind isnt ready to let it go you will fail. Gotta be ready mentally to move forward.
That's true, if you are addicted already to gambling, it looks like a fish being hooked, it needs a very strong will of mind and heart to escape from it..you need to force it even if it hurts just to escape from gambling.. I just hope every person has a strong mental will but it is not. Most of the time, addicts has low mental will. They cannot will quiting gambling themselves. They need support from the outside like friends and professionl help. If you are a gambling addict, seek professional help or a support group. Do not be afraid or ashame to admit that you need help. It's a good start if you do. |
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I would continue with my job for sure, I like bitcoin, but I don't have total faith in it looking at the price fluctuation involved, So I will always treat bitcoin as good extra income and nothing else.
Thats the good idea. At anytime leaving day job is not fair. Bitcoin price increases gradually but having much dependence will result in failure, because if you involve completely no time has to be spend on other activities only then you can earn your targeted amount. For the likes of us whose sole source of bitcoin income is signature campaign, it is really hard to let go of regular job and focus on bitcoin. But I think for those early adopters and have a lot of stashed bitcoin, they could leave their jobs. Especially those who can do well in trading, they can profit more in bitcoin than working regular jobs. |
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I tested my luck again today and I made another 0.1 BTC, so now I got 2 BTC total.
I think I will withdraw another 1 BTC, and leave the other to gamble and see how it goes xD
I will secure 1.5 BTC true profit like this, and continue to gamble with 1 BTC.
From here I think I will withdraw every time I get another 0.5 BTC profit, and cool it down for a while if I ever get down to just 0.5 BTC
As for the source of the profit it was from sports betting and roulette. On the roulette I usually use the "Voisins Du Zero" betting plan.
You can do it automatically in the live roulette, or set it manually on the other. I play on both. My average bet is 45 mBTC, and although sometimes I double this bet, I don't use martingale or anything like that, since that is suicide. Normally I just keep betting, and sometimes I double the bet.
Let's see if I can increase my profit xD
I will keep you updated of how ti goes!
Nice plan, I wish you all the luck and hope you profit more. It's nice to know someone actually making a profit in gambling. I never heard of VOisins du zero strategy before, I guess I have to make a little research about that. Thanks man. As for the "voisins du zero" (or neighbours of zero) here is the link. I like using this, because it's almost like betting on colours, but you have a "mini jackpot" if you get 0, 2 or 3, so I guess it helps to "push" your luck xD Here is the link, on how to wager this bet. Although if you go to the live roulette, you can do it automatically, since it's a normal option in the European roulette. http://onlineroulette.org.uk/bets/voisins-du-zero/Thanks for the link. I'll read about it later and try to study it a bit more. I'll give it a try one of this day and see if my luck would be as good as yours. If I can beat your profit, I'll post it here. |
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The best thing that you must do is just find some distraction and that is the best thing. Otherwise you will gambling and that is not good.
Just find something else that you like to do and than you will stop gambling and that is very good.
In my opinion, a bit of distraction is not enough for a person to get rid of gambling. It maybe effective for a bit, while distracted, but once gone, gambling will pull back the person and make him even worse gambler than before. |
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Even if it gives me a high income than my day job, I won't quit it because of its volatile nature. If the price goes very low than my prediction, I can't manage the month with the earned Bitcoin.
With trading you could still profit even if the price is going down. You just have to short it until you are certain its reversing back up. So you still earn even if the price goes down and sell when the price goes back up. You just have to learn how to enter in the trade properly. Though it is really risky and not advisable to newbie trader like us. |
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I tested my luck again today and I made another 0.1 BTC, so now I got 2 BTC total.
I think I will withdraw another 1 BTC, and leave the other to gamble and see how it goes xD
I will secure 1.5 BTC true profit like this, and continue to gamble with 1 BTC.
From here I think I will withdraw every time I get another 0.5 BTC profit, and cool it down for a while if I ever get down to just 0.5 BTC
As for the source of the profit it was from sports betting and roulette. On the roulette I usually use the "Voisins Du Zero" betting plan.
You can do it automatically in the live roulette, or set it manually on the other. I play on both. My average bet is 45 mBTC, and although sometimes I double this bet, I don't use martingale or anything like that, since that is suicide. Normally I just keep betting, and sometimes I double the bet.
Let's see if I can increase my profit xD
I will keep you updated of how ti goes!
Nice plan, I wish you all the luck and hope you profit more. It's nice to know someone actually making a profit in gambling. I never heard of VOisins du zero strategy before, I guess I have to make a little research about that. |
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I know how it feels when one discovers a strategy that gets him more than double of your profit. Dice games are known to have streaks of continuous wins or loses and where you start from matters a lot. OP was lucky to have fallen on a wins streak which earned him some good profit. The best option here is stop betting after such a profit because if you continue betting then you will land on the losing streak and burst all your satoshi.
But he is just using faucet amount so the profit is still actually very small. I doubt if he will still use the strategy if he had deposited a large amount of capital. Martingale will eat all his money in no time. I am sure after reading the comments above he will ditch this strategy all together. |
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Congratulations on winning that great amount. You had an amazing run making 2.4 from 0.5 BTC. Better grab your money and run away with it before the house notice it and give you a losing streak. Enjoy it while you are still lucky, just remember to stop when your luck runs out.
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Its pretty different, I dont see what the fun of trading?  No offense, but waiting the price up down sounds boring to me, and yeah I never experienced it myself Since you never experienced it first hand, you do not have much say on the subject. Why don't you give it a try first. For me, it has the same excitement and frustration as in gambling. Though it is better because your skills are tested not just luck. |
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As you can see, many people all over the world improve thru investing rather than saving. Investment is a way to success. All you need to have is just being positive.
... and money to invest. You can't invest on anything if you do not have spare money. So, best thing is to save first, then invest your savings later. This two, saving and investing, goes hand in hand. You can't invest without savings and you can better save if you have investments. |
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I would be retired and using bitcoin to finance my daily needs, travels and out of town vacations. I would still be trading, but as a hobby and not a means to survive. Hopefully, all the bitcoins I Accumulated by then would be enough to have a good life.
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I do not keep track of my win/loss, but my biggest loss was 0.005btc. Maybe -0.01 btc in total or near that. I stopped gambling bitcoin since I lost 0.005 in a single roll. It is just not in me to gamble/play with money, fiat or bitcoin.
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Maybe i will quit my job to go full time on bitcoin. But i need to recheck how long is bitcoin life and the prospect of bitcoin in the next 5 years.
no one knows the future of bitcoin will like what. you have to do at this time, if you get good results from bitcoin? if you have many ways to get productive bitcoin with good results. you can take the decision to stop working and take full time to bitcoin. Yup, no one can really predict where bitcoin or your current job will be. So for now, earn as much bitcoin as you can while maintaining your current job. Doing good in both of them will not harm you, it is even better. So if either of them fails someday, you have the other to support your financial needs. No need to choose if you can do both. |
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Gambling can make you cry real hard if you are making the wrong choice, I've been there too and its very hard to also stop than.
You want to win the amount back that have lost because of a stupid bet..
Yeah, gambling made even strong men cry. Specially those who lose tons of money in it. And even those poker player with their poker face, I know deep inside they are crying when they lose their all-in. I lose .005 btc, and it almost made me cry. How much more those who lose more than I did. |
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Wow, are you really suggesting that people become hermits just to stay away from gambling. That is too sad. There still other alternatives to stay away from gambling. Like focusing your energy to a more productive activities like sports or a new hobby other than gambling. But if you can't do it alone, better get professional help. |
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