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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I don't think human should be a free agent, one gambling is addicted you can gamble everything you have and might commit a crime to sustain you're being compulsive gambling, second government is making money on these gambling sites, but at the same time they do not want their people to become addicted to gambling.
The problem here is that the gambler, the gambling site and the government, have different motives and Interest. Gambler want to earn money from gambling and if he is addicted to gambling, this will be bad for the gambler but good for the gambling site as they will get more money and revenue. Government want to control the gambling sites so that they can monitor the revenue and get taxes from them. To avoid taxes, gambling sites do not want them to be regulated. In short, no one has similar interest and therefore it will be not easy to regulate gambling. |
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If you take gambling as a fun then it is possible that you can gamble responsibly. If you are addicted in gambling then it would be difficult to control yourself and things can often go out of control.
I like it more when the game is viewed not as an investment, but as entertainment. Investment involves earnings. And the gambling are more like entertainment. Like going to a restaurant: spent a certain amount of money and enjoyed it. That's the way on how you think of it. If you to go restaurant, then you already have at the back of your mind that the money you spend of lunch cannot be recovered and you bought the food for it. Gambling is something different. We invest in gambling only to Win from it and have fun too. If there was only loss in gambling, i think very few people will play it only for fun. |
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I know where during 2008 bitcoin and altcoin price still lower and many people do not really care about bitcoin could raised to higher price like now, always give negative feedback about bitcoin and altcoin price.
sometimes people only see part of it. nowadays many people are frustrated because of the price, but if we look at it from the beginning to 10 years, bitcoin has shown good progress, so that the potential for the future If anyone is involved in bitcoin from 2008/9 till now (thats almost 10 years), he should not be frustrated seeing the current market conditions. Its only the new comers who see the bear phase first time and think that this is the end of bitcoin. We already know that bitcoin always recover and make more big highs. We need to be patient for this time. |
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The only way that exists today to make purchases and remittances in crypto opened an unimaginable market, and how to buy a camera today with film, no longer use that, evolution, but the crypto market will change a lot in the future!
Yes, technology has changed a lot and it will contiune to do so in coming days. Those who will not adopt technology will be left behind. Regarding the Camera Usage, there was company named Kodak which was very much famose for its films. But then digitial camera came into being and there was no need for those films. Eventually the business of that company was limited as there was no demand for it. Similarly, the future is of bitcoins. Fiat will be replace by digital currency so its better for the countries to adopt bitcoin at its early stages. |
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Let's just keep our fingers crossed, high expectations is among what kills an investor. Instead of waiting for a huge pump that's not guarantee to happen in 2020, let's sit back on how we can make some money in the bearish market. Good things don't just come easily we need to structure the market ourselves not until some whale in any part of the world decides to.
Well, if the market is stable on 4000- 5000$ for a long period of time, we can see some nice bull rally among the altcoins. Bitcoin Pump is not the only way to earn money in crypto. If you have good understanding of crypto, you can also find some valuable income from trading and other sources. |
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To prevent fraudulent activities, you should never provide any credit card information such as credit card details.You should also be careful on checking emails because fraud expert can send spam emails vigilantly.
These days people become victim to frauds because they do not take necessary precautions and also do not follow the basic security measures. We cannot say that hackers and thieves have come more intelligent and they know better on how to hack our belonging, its basically us who are careless and these evil people take advantage of these loopholes. |
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I agree with your submission.
I actually had an experience of this, don't blame much.
I had just joined Crypto and it happened I read in telegram group where one one ,I think the coin is ripple.
They were talking about ripple,how that it was a good coin to buy and hold.
I didn't know there was something like ..DYOR as a noob that I was.
I rushed to binance and bought ripple ....the price then was $2+.
That was how I went bankrupt.
I have seen most of the telegram and whatsapp group are made on crypto trading signals and the whole purpose of them is to collect the money from the newbie traders and provide them signals which have no grantee that they will be successful or not. We should avoid such groups and develop our skills so that we can DYOR. |
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I think before getting involved anything we need to analyse the things because we don't know which is fake and which will be legit so doing the proper Research and make it comfortable for you will be right so far that I appreciate you for putting this site. I think you should not follow other people advice and do your own research. Also i would like OP to state the reason as why he want to do gambling on zombiewager ? What is special in it when there are so many other trusted sites available. I am sure zombiewager might be offering some sort of bonus etc, as these new sites always do to attract the customers. |
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If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?
any country don't want to develop there cryptocurrency because it can be higher risk or two manage normal currency and cryptocurrency equally in the country so I think it will not be possible now but some good regulation will made anything be possible so it can be happen in the future. I think that this is not a good idea for every country to develop its own coins as it will not serve any purpose. Crypto currencies are decentralized and even if every country make its own coin, they will not be able to control or regulate it. I think we are moving towards " one coin one world" theory and bitcoin will be the best option for that. |
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