I only buy a bit of bitcoin from my fixed income or regular job and besides that I grow bitcoin by participating in signature campaigns or other jobs that will be paid with bitcoin.
I don't buy anything that uses bitcoin transactions because I'm also not interested in that way, I just exchange my bitcoin with fiat to buy everything I want.
No matter where are you and what you do, you should try to collect some bitcoins for the future. A time will come when everyone will be needing bitcoin and it will be very expensive. Remember we have limited supply of bitcoin and those people who will have bitcoin now would be the richest in the future. |
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The popularity of bitcoin spreading throughout world and people of all ages are involved in the cryptocurrency. If market pumped in future, then I am sure that bitcoin will be global acceptance currency and surpass gold.
Gold is the separate entity than Bitcoins and i do not think both have any link between the two. Of course people will use bitcoin more as it is a currency and gold is mostly used to store as an asset. The popularity of bitcoin spreading throughout world and people of all ages are involved in the cryptocurrency. If market pumped in future, then I am sure that bitcoin will be global acceptance currency and surpass gold.
Yes day by day importance and popularity of bitcoin is getting wide and not only young but old ager are also involving into it, gradually bitcoin is rising high in price and having good market place as an investment at the same time as currency, so I think gold is no more in market to be a good investment we will have to accept the reality that cryptocurrency is our future. Bitcoin popularity is increasing day by day and soon it will overcome the Fiat currencies. People will leave their national currency because it will become devalue and everyone will use bitcoin to perform transactions and bitcoin will become a standard currency. |
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Gambling isn't all about earning, gambling or casinos are meant for the owners to earn and not us. Whatever you earn through gambling you'll lose that money in gambling. Signature campaigns aren't that of a reliable source for income. Trading is still fine if you know the basics.
If you need a safe and good income then trading is the best option. But for trading you need to learn first and play with stop losses, if you do not want to lose your money through trading. Gambling is too much luck based and earning tokens with signature campaign may not be fruitful many times. |
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I have found a website where guys sell car accessories for cryptocurrency, I think it is useful option
Can you share the URL or the website link so we can also have a look ? People are slowly moving towards crypto adaption. Services or shops which deal in Crypto, gives encouragement to others also to include bitcoin as a payment option. If this trend continue we will see soon crypto dominant in the world as compare to dollar or Fiat. |
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To save in just USD is safe but you will never grow your money/savings without investing in any business.
If i will be able to spare $1000 per month i will definitely going to invest it instead of saving.
Now the question is where to invest?
It will be difficult for me to start a real market business along with my job, so i will definitely going to invest in cryptos as i have enough knowledge of it and i can trade in my leasure time.
Analysing all the cryptos bitcoin is still the best option i guess.
Bitcoin has just gone through a major price correction and now the market seems to be much stable and reliable than any of the other cryptos.
So you only invest in BTC? Do you mind sharing me some tips to avoid risks when investing in BTC? At the present time, when bitcoin value is just under 5000$, there is surely no risk in investing in it. The bear market seems to be over and now the bull market might start in few months from now. IF OP can invest 1000$, each month in BTC only, he can have an real advantage when we see Bitcoin value to all time high again. |
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KYC does not grantee that the exchange is not risky or it cannot be compromised. KYC is only for the site to discourage any money laundering or any such illegal act. Binance is the No. 1 exchange and they have implemented good security which is hard to break. Also hackers keep on attacking the exchanges, so it is never advisable to keep all your funds on the exchanges. |
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No, I do not think I'm guilty. Because gambling is not a crime.
This is the finest answer I read so far, yeah, gambling is not a crime, we should not feel guilty. Although it could lead to a crime if someone gets addicted and make him out of control of his life in gambling, but it's his failure, not us. That will be his mistake because we never suggest him to do a crime to get the money to gamble. We only tell about gambling and the rest of that will be his decision. Besides that, we never ask him to join us to play some games in the gambling website because we don't know how good he can control his self. Just like everything else, gambling is to be done with legal money. You do not have to do unfair means or criminals activities to collect money for gambling. If you do that then it is extremely wrong. Also this we can say is real addiction where anyone want to gamble at any cost, whether he has the money or not. |
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I wouldn't. It's just going to make me emotional about losing money and besides I live in a different timezone anyway. I might watch game highlights later though, especially if I'll continue betting on next matches.
Well i don't think its a valid reason of not watching the match. Even if you do not watch the match and your betting teams loses, you will get to know at the end of the match and you will be equal sad for it too. So, i prefer to watch the match so i can know beforehand what could be the possible result of my bet. |
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Call me foolish but I'm always ready to try new casinos. I tend to stick with old, trusted ones like BitDice and Bitvest, but they had to start somewhere too right? Someone had to trust them and give them a chance to prove why they're good. I'm glad I did, and I'm sure lots more people have.
This doesn't mean I'm going to dump deposits into any new casino though. Show me something that takes effort to make, I'll show you some deposits;)
It is not foolish move if you are ready to try new casino's. Some newly launched casino's wanted to see the response of the community so they are letting the gamblers try them out, giving free credits that aren't withdrawable *ofcourse just for the try and feedback*. What's wrong with trying out new casino's is the last that you mentioned, putting large chunk of deposits and making yourself believe that with your first try of success, you'll lend them your trust quickly with that amount. Trust and reputation is earned for a long time of operation and if the new ones can prove themselves and are patient enough with that, they'll succeed. You are right that not all casino are made with the purpose of scam, few of them are legit too and they introduces bonus and other schemes to vast their audience. On the Other hand, this is also a fact that many of the new gambling casino are made to scam people money. So there is difficult to judge at the beginning that which casino is safe and which can scam exit. |
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I don't think any person with an average IQ would think that gambling is a way to earn profits. It's always a form of adrenaline based game, to give you excitement and pleasure.
If you want to invest, invest in your own business before you invest in other people business.
It's true most of the people I've seen playing gambling games made gambling as their way to earn profits not knowing the risk they're facing... the OP is true as well some people are earning but we didn't know how much they invested and how much is their loses. We might not know that his/her winning is just 10% of his total loses, we should really know what is gambling for and the risks of it for playing. On the average, majority of people loose money in gambling so it is not a for everyone thing. There are people who do not understand ABC about gambling but the lust to make money is something that drives them into the game and then after loosing the little they have, they do not even know how to get things on the line again. For those who have experienced the thing, it might be a good source of making money. This is the biggest problem of people here that they do not have any knowledge and they start doing trading or gambling thinking to become rich in a day. This is in reality not possible. Only the people who learn first before gambling or trading, can take the advantage of it. |
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Indeed there are many people avoiding KYC, as you say because they want to protect their identity for security. The average person who is in Crypto is a person who really maintains their identity for security, because crypto is still vulnerable to misuse of identity so many people are afraid of their identity being misused. Moreover, there are many ICO whose status is unclear and end with a scam, so it is very risky to share their identity on KYC.
It is indeed not a good idea to submit your KYC to ICO or other non-trusted sites. I have been known that few of the companies sell our KYC on the dark web and criminals can abuse our legal documents in any way and we would have no control over it. I mostly avoid the KYC to be on the safe side and do not risk for few dollars. |
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Either work too hard that you won't have time for gambling anymore or work too hard to earn more money you can use for gambling.
That's nice  So you means to say that we work outside of gambling and then risk it on gambling.  maybe only 30%. the most calculated in gambling is the capital brought, because it can extend our breath during play and can wait for luck.
Not even 30%. I mean you only have to deposit the money and play dice. poker or whatever game you are interest. You do not have to think much and games are so easy that anyone can play. These is no techical skills which may be needed for gambling. |
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The more you try to recover and more you fall into gambling addiction. I still recall my 4 BTC loss to recover a 0.5 BTC loss 2 years ago. That red taint is still on my net profit/loss wall on my profile and I really feel wierd to this date. But atleast I accept that instead of trying again and risking some more balance.
Oh..So in two years you have recovered only 0.5 BTC ? So in these two years you must have made more losses and this 0.5 BTC figure is the overall loss recovered. Its really hard to recover big losses and most of the people just forget about their loss after few days/week and move on. |
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It been quite some time since I have been away from Bitcoin and cryptocurrencies, but seeing Bitcoin's price rise and the recent trends going about the block chain, it seems that soon we'll be seeing BTC becoming used as a mainstream currency by all major corporations, businesses (and even governments perhaps). Now I've became interested into Bitcoin casino investing, but I want to know if it is worth a shot. I know that there is a risk in every investment, but I think this could be the most profitable way to go. If anyone could share some tips or advice regarding this, I would greatly appreciate it.  Investing our bitcoin into a casino bankroll will be a good thing to do, but we must know that we are doing two types of investments in this case. Holding bitcoin for a certain period of time is an investment and risking our bitcoin at a bankroll of a casino is also a type of investment. If both go according to our expectations, surely we will get a good double profit. The idea of Investing in Bitcoin Casinos is a good one but i do not think that casino provide any investment opportunity. You can only play in casino but cannot store your investments there to get profit. If you need to invest your bitcoins for passive income, then you should find a good site for investment which is giving dividends for may years and is trusted. Almost all the new investment sites lead to scam. |
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That's good about you, and if possible just spare a little amount of bitcoin into gambling and you'll find the good in it than the usage of fiat into gambling. The top listed altcoins contributes a good market on gambling and for long term profiting. I prefer bitcoin for all my gambling needs, very rarely ethereum and Litecoin were used.
I used bitcoin into gambling and yes could not make a big profit as the amount spent was so little. Just watched friends playing with multiple crypto currencies but i feel, playing with bitcoin would certainly bring too much profits as well a heavy loss if it does not support you. I also prefer bitcoin while in gambling or investing it any site / Project. The main reason is that i feel it is easy to calculate your profit and loss if you bitcoins and you do not have to go in the hurdle of lot of conversions from alt to btc and then USD. I use altcoins only for trading purpose. |
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Betting with low risk and low prices will only waste time in my opinion, but if you are someone who has high patience it will definitely be fine. If you play with low risk, it is better to play at a high price, so the profit to be gained will definitely be good for changing the next strategy. It all depends on yourself with experience and luck, because although you play with low risk it will not guarantee you will always get a winning.
it's about strategy, so every player certainly has a different opinion. I agree with you. I'm not someone who has more patience, I can't play with small odds, or the possibility of winning more than 80% in dice. I prefer high risk, with the chance to win 50% because it gives big profits faster. Well, if you play will big odds the profitably ratio will be high but there will more chances that you will lose all your money quickly. The strategy only works if you have a lucky day otherwise it is just a complete loss of money. |
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Well, if it is a disease or not, but it is definitely a psychological problem that is in urgent need of medical attention. If it is not addressed timely then it can destroy a gambler's life.
It is not a psychological problem as i think that Gambling addiction comes form greediness. For a moment think that you are not greedy, then you will not play with emotions and will be sensible in selecting the amount of funds for the gambling purpose. You will not think of making quick money and hence will avoid wrong decisions easily. For me the root cause of Gambling addiction is greediness. |
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Till date all the casinos which have wanted to raise money or have an invest feature used to do it by launching a casino accepting investments in bitcoins and charging a commission on bets.
But now I see casinos like creating an altcoin, accepting investments and issuing tokens to be traded on an exchange and keeping all the money raised upfront in the ICO.
Isn't that scammy ? Why can't they just accept bitcoins as regular investments ?
Because ICO is the most easiest way to get money and investor in a fast way. I'm sure the success of betking ICO makes other gambling site want to try what betking do. Can you imagine Betking can easily raise the ico to $1m and keep raising till now, no doubt other gambling site will follow betking. These days the trend of ICO is really on the rise. The big gambling companies have already big funds and they can even start their ico on exchanges like Binance launchpad. Not only they can gather million of dollar by this step but also their coin / token will be listed on the world biggest exhange making it more and more valuable. |
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The answer to your question is; you cannot be a good gambler if you don't know your team capability on the pitch of play. Been into sport betting means watching games regularly to know your most favorite team to play with; in order to avoid lose. The last time i checked, sport enthusiast are best gamblers because they are used to these team before moving to gamble on them. Therefore, watch matches and gambling in the process make sense.
Of course i do watch matches on which i am doing gambling. There are basically two reasons for this. 1- I enjoy the game more because my money is invested on my favorite team 2- I can make decisions on which team to bet while watching the match and this makes my chances of wining more as i can bet on the better team on the day. |
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Shilling for casinos, encouraging people to gamble away their savings. SCUMBAGS.
Why do you say that? We don't ask them to gamble, they come to the gambling places and play. They already know the risk, and they can get lose their money. You cannot blame other people because of many of us saying a story about gambling games. It's their responsibilities to take care of their money and don't come to gambling places if you don't want to lose your money. Agreed, they have their own mind and they are in the right age. It's not anyone's fault if a person got addicted and lose, it's their own fault for letting theirselves turn that way. They can stop in their own will. They can reject right away the offer if ever someone encourage him. So no one should be blame. Every person is responsible for his own acts. This is not excuse that gambling causes addiction and therefore a person has lost all his belonging in gambling. Every person has a mind and he should be aware of how much he want to invest in gambling. You cannot blame gambling to be wrong, its the individual who is guilty for his actions. |
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