I have seen cases, on the internet, of people who have made fortunes out of it, and these people attribute most of the gains to strategy. I think there are actually strategies that help reduce risk, but luck will always be the deciding factor.
There are people, for example, who had never bet before and made fortunes, even without having the experience of other gamblers.
Well described the facts behind luck and strategy. Luck will always act as the deciding factor, while the strategies made after going through a series of events faced by a particular player or a team gives a hope of winning the bet. We can't deny the fact that even if we have made a good analysis of the game we still want to be have a greater chance and hope that luck will be with us every time we gamble. True that we need luck but depending on it is not a good attitude if you are rooting for a long term success. We really do always hope for luck to be with us no matter what kind of gambling games we do play we still call out for luck since we know that if we are lucky enough we would eventually win on a particular game. Thats why its being called gambling since results are random and you will really need off some luck in order to win because if luck isnt on your side you will definitely lose. |
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Only when you invest in casinos do gambling like investing. Because when you do that, you will definitely earn passive income day by day or week by week. However, if you gambling, I do not think it is considered as a way of investment because you can lose all of your money in a second if you are too greedy or in high temper.
It does if we invested in gambling or casino then it will be much more compared to gambling. Because investing is already have a guaranteed profit will have no loss if the site is trustworthy and has a good enough guarantee. But it all is something that has risks, so we also have to be prepared for all risks that will be given. But still we have to do it if not then we will not get things good things.Investing in the right way and do not ever think that investment is an easy profit Both are risky but to compare gambling the investing on casino sites is a slightly better choice. Here we can expect some profit if we invest on reputed sites. But investing needs lot of time to double your capital. And it requires significant capital. If you don't have enough capital, then the investment is not the right choice to make a profit. Yes, it is not that much easy to make a profit in Investment. IF you do tend to invest on casino sites its really an ideal to put huge amounts of bitcoin so that you could able to feel the profits and you are right doubling your capital on a casino house would really takes time but still its a good choice rather than nothing at all. Choosing the most famous and reputable gambling site is advisable because we could able to assure ourselves that we are putting our money on a good site. |
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the worst mistake ive done in playing gambling when ive bet all of my bitcoins with a low chance of winning i dont know what comes on my mind why i did that but im sure its because of the prizepool that i could get now im suffering and regreting that ive done wish icould get back again my bitcoin and playsafe for now.
people always learn from their mistakes, same is the case with me. i also lost my all money in gambling for so many times, but now i have fixed a limit for gambling and i play gambling tell that point and never try to exceed that point. through this way i have minimize my risk of losing all my money in one time. Those who can learn from their mistakes have a strong heart and great mind. I guess most of us here have been addicted or committed big mistakes in gambling in the past but we were able to move on because we cannot turn back times and we have to face the present and focus on the future. As long as we understand what is gambling and why we made that mistakes we can improve and adjust to do away past mistakes. We would definitely learn from our past mistakes and we would really not do it again since we already know the possible outcomes that might happen if we do the same mistake again. Because of that situation it really makes us realize that gambling is just really for entertainment purposes only and not for making money game. Greediness is commonly the reason why most gambling addict do fall. |
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Maybe I'm different than you think. Indeed you are right there is a lot of investment scam sites, but if you can choose a good investment site you will earn money are routinely so as to choose where investment should be careful. And if you have the investment skills I believe it can also profit a better. While gambling is just a game that requires luck, so may not be used to make a profit because gambling is just a game. So I think it's better to invest if you want to profit, while gambling for fun.
I agree that it is better to invest because in gambling you have more chance of losing unlike in investment you don't have to rush for the profit. But you need to be patient so that you might get some good profit upon investing. And you can just simply invest into gambling sites, so if you can't stop your addiction with gambling better to get addicted with investment. Yes indeed investing for long-term profit over 5 years, so it must be patient in order to get a good profit. Investing on gambling sites can be an alternative if one wants to try to stop gambling. Investment in gambling sites actual are also at risk, but it be minimized if we could invest well. I think investing anything would be better than a gamble, because it can get a better profit. While the gamble would be very good to have fun. Investment would be the best choice if you are seeking for future profits and its not really possible on doing gambling alone. As you stated the best move is to invest money on the house itself compared on playing on the gambling site itself. You will eventually lose up your money and doesnt have the chance to let it grow by means of investing. investing in the house is also gambling because you are still taking unnecessary risks and there is always a huge risk of a whale winning large amounts. the other day i was reading this topic here about a whale who lost 216 BTC and he didn't even mind saying "i am still in profit". so imagine him winning where you invest! We should really think off also on the possible risk on investing on the house itself since all investments comes always a risk on lossing money but still positive outcomes is greater than on negative. There are really some instances on which some players do win big amounts which really affects the profit percentage of the house thats why sometimes investors on bank roll doesnt recieve profits on a particular month but still its not permanent. |
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Maybe I'm different than you think. Indeed you are right there is a lot of investment scam sites, but if you can choose a good investment site you will earn money are routinely so as to choose where investment should be careful. And if you have the investment skills I believe it can also profit a better. While gambling is just a game that requires luck, so may not be used to make a profit because gambling is just a game. So I think it's better to invest if you want to profit, while gambling for fun.
I agree that it is better to invest because in gambling you have more chance of losing unlike in investment you don't have to rush for the profit. But you need to be patient so that you might get some good profit upon investing. And you can just simply invest into gambling sites, so if you can't stop your addiction with gambling better to get addicted with investment. Yes indeed investing for long-term profit over 5 years, so it must be patient in order to get a good profit. Investing on gambling sites can be an alternative if one wants to try to stop gambling. Investment in gambling sites actual are also at risk, but it be minimized if we could invest well. I think investing anything would be better than a gamble, because it can get a better profit. While the gamble would be very good to have fun. Investment would be the best choice if you are seeking for future profits and its not really possible on doing gambling alone. As you stated the best move is to invest money on the house itself compared on playing on the gambling site itself. You will eventually lose up your money and doesnt have the chance to let it grow by means of investing. |
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I tried autobet before in some dice game it is a waste of money to use autobet in dice game like other said it is not enjoyable..
But they are just the same result if you are gamble in dice game that you will still lose all your money for nothing that is why i change my plays into sports betting because it is more easy to predict.
Good thing that I haven't tried to use autobet with dice games because I like the usual way of gambling with dice games that rolling it manually. And you are right with that, whether you will gamble with autobet or the usual normal way in dice games. We will just end up losing in the end even though how tough we are in dice. i also play gambling like to play gambling in real, but i am not agree with this statement that you will always lose in the end. it is a fact that gambling is a game of luck but why should a person always be not lucky in at the end, i think there are so many people who are making money in gambling and they are even depending on gambling for living. Seeing the most common results on gambling you could see the ratio between losers and winners therefore i could really say most people will surely lose in the end when we are playing gambling there are winners but only on small percentage.Gambling is really a game of luck which means results are random and most people dont have luck thats why it commonly lose up. Playing on autobet is not bad but being busted is on high chance. |
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When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
I don't. I prefer withdrawing my initial bankroll once I doubled it and just play with the remaining coins that I have one. I like to play safe when I am gambling and I do not like risking all the money once I know that I already have won. We have the same behavior on which i will definitely withdraw up first my bankroll when i already doubled it and its really better to play safe incase when you lose up your profits but still your initial bank roll is still their and didnt lost it all and thats already enough for that day and play tommorow again or some another day. Dont be greedy and dont try to play even more. That's a good strategy. However, if you lose the winnings then technically you lost the winnings and you're back to square one. Then again, if you doubled that again, you have 200% of your initial bank roll. But, doubling and tripling are quite a different story and tripling your bank roll will be hard to do. But before you double or triple, you have to first hurdle the problem of maintaining your bank roll, which I think would be hardest part (painful if you lose it). Indeed and i do agree with you before we mind on how we gonna do if we double or triple our bankroll we should really think off first of the things we should do in able to attain that amount.Doubling or Tripling your bankroll is really hard and you will first pass on those lose streaks and other things that do happen on doing gambling.Its not really an easy thing. |
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I don't see any problems coming to anyone who would gamble under the age of 18 because if they have sources like bitcoins, no one would ask for KYC information due to which even minors can gamble. In other types of sites where KYC is needed, I don't think they would let underaged to gamble.
Some gambling websites don't have age restriction everyone under 18 years of age are free to gamble that's why people are keep playing gambling and online gambling don't really ask information how we can know right? This is true thats why minors could really freely play gambling since restrictions on gambling sites online are not too strict even they have some attention or warning message it still doesnt work since they could easily mark as checked then you are good to go. Registering anonymously and play anytime thats why we cant really say if theres no minor ages or does have really playing gambling on this ages. |
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When you guys are gambling and already doubled your bankroll, do you still play with the whole money you got or you take away half of your bankroll and start playing with your profit or not?
People will surely have different answers regarding on this question because it does really depend on what kind of gambler you are because some may will still play even they double their bankroll and some eventually stopped as long they are gaining profits because they are securing profits to minimize losses. In my case i will withdraw out first my bankroll or capital and play on the profits if i saw that i have the luck to proceed,it may work sometimes but not consistently. |
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If you like a chance for free money, then look no further. With Christmas coming up BitDouble.io wanted to launch a massive twitter promotion where 1 winner will be taking home 500m BTCHow to join?Must follow BitDouble.ioMust retweet this tweet https://twitter.com/BitDoubleio/status/806848651972739072Must like the above tweet Minimum of 200 followers to join Post link to twitter in this thread Post link to retweet in this thread How will winner be chosen?Winner will be chosen via random.org on Dec 24th are staff members allowed to participate? (I mean bitdouble staff) As yahoo said we cant able to participate on this promotion.. Give this chance into others.  |
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If that person do holds lots of thousands of bitcoin then for sure it wont hurt him but for people who have a really hard time even to save or collect 1 bitcoin will surely suicide. 6x lose with almost 40+btc on each bet is insane and if im that person i will not play again if i suffer such big loss.Well its gambling and losses are expected on anyway thats why we should be aware on the risk. |
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What altcoin will be so rare that it will be worth a lot of money just to obtain one? There is more than likely going to be that one coin that most people sold but a very rare few who hold on to the wallet for their whole lives.
To make this more fun you have to assume that you will only have one of the coin you will place your faith in. So if you chose doge being rare you'd have to assume having only one dogecoin would be worth thousands.
Theres no questions asked here since bitcoin will got this for sure but regarding on what youve said you are seeing or seeking for an altcoin in my own opinion it would be XMR since it does have the potential. All speculations here are valid since we have different point of view but in upcoming 100 years i think there would be a new coin which replaces the coins as of today. Biggest possibility that bitcoin will take the place. |
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This contest is Actually contest less and a way to gain profit more from the participants. And with -ev profit
Let's use some maths here. There is 1 in 15 chances for a green to appear and since you have to have 3 consecutive wins, the chances of happening so is (15*15*15) = 3375
Every bet must be a at least 1 mbtc so according to probability one need to bet 1 mbtc 3375 times resulting in total stake of 3375 mbtc. Now here since the house is taking a crazy 6.667% fee, the user will in loss of (3375 * 0.06667) = 225 mbtc before he gets his hands on the 100 mbtc pot
Never seen such promo before where one have to loss more than what reward is
Thanks for helping with maths, obviously this "promo" is only another way for the house to gain money from users otherwise promote betting on the site. For sure around there will be more convenient promos and giveaway contest for Christmas,really profitable for users and that's is what i'm looking for! That calculations doesnt only represents on the site itself but all off gambling site will do the same thing too and buddy this is gambling its just for people who would like to risk their money to earn money. Regarding on future promos Admin only knows on what and when, so stay tuned. |
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Gambling is just for fun and game to me no more, but even if it is just game and for fun i always apply management of risk and money. And i always play gambling with i can lost it. And i don't play gambling every days.
Do you apply same something what i have doing or you are very can not control your self? Share your opinions at here.
I have tried and it was very difficult to expected that's way will working well at least you would be in violation of management that you apply when you faced lost much money for gambling. Its really an easy thing to say to someone regarding on playing gambling some useful tips and for money management but in the reality its really hard to do when you are in the middle of the game. Emotions would arise and if you are a sensible person you should really not treat gambling as a profit machine. |
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I'm prefer to choose trading cause for me trading is not like gambling, i need to improve my skil to make my trading success, different with gambling almost gambling is base on our luck even you have good skill. With trading i can manage money i use for trading and i can cut loss when the chart is see down trend
There is a fine line between gambling and trading but then for traders we do have a lot of data to analyze and study about the trends but gambling is purely a blind game of luck . This is really the difference between them on which the risk on trading you could still possibly lessen it with proper knowledge and experience unlike to gambling on which it do really rely on luck and as you said chances are not guaranteed they are both the same but i would really choose trading rather than gambling even though it is hard to learn up but it would be worth it once you will get it. |
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Hey guys, I created a chatting website called PeopleChatting.com. It will eventually be a paid service but for early adopters it will be permanently free. Once the minimum number of people join, it will have a yearly fee, which they can pay with bitcoins or experiencecoins.
I just launched it, and I figured I'd post it here and give this community the first chance to grab up some of the free memberships.
Its just been released, and you might find bugs, if you do let me know, or if you have any suggestions or feedback.
Thanks
Sorry to say that this website of your will surely fail and besides i could say that there nothing unique on your website on which its really a common site for me and there are some websites are much better and regarding with the fee it will surely kill your site off. |
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Just hold your coins is the only decent option.
1. P2P always loses money and is full of scammers
2. Not sure how you profit that way, but it might be possible?
3. Funding/ICO/Securities are all gambles and most of the time you loose... The only ones making profits are the ones selling...
This sums up my advice pretty well. Not even mining is a great idea... Those kind of investments are really not a bad idea since they really do have the risk of lossing money. Ex. You put up money on a p2p and others said its a bad idea but others could able to sustain and grow it. It depends on the person on how he manage it and avoid the possibilities to get losses of money. 10 BTC is huge already and you could actually put up money on some investments but if you are in doubt then its better to hold off. Holding such huge numbers of btc will be good but if you think for profits well actually the best platform for that is on tradiny sites since 10 btc can already manipulate the price of certain coins, and don't just really on holding since it cannot do anything good always since price blatantly go down after the thunder of price upwards, and much better really to invest separatedly on some serious matters like as op said good ICO and gambling investment. You have a point,if you like to see profits on short period of time then its really better to put it into investments on which you could able to generate money and you dont need to hold it since you could able to maximize your money to earn money but remember that theres always risk on any investments but if you play smart on it then you could possibly earn money and thats the advantage of investing your money. It's very risk. Both trading and gambling. I was looking on some videos about trading, "tutorials", but there is nothing 100% sure about it. The strategies are fail, sometimes can work, sometimes not... Looks without luck, there is no profit trading. If you put the wrong amount on money on the wrong order, it's over... The only investment I see worth a little yet is the casino bankroll, but I don't know for how long it will worth... Many people doing the same investment isn't good. The thing you said is actually true but its not always the case on trading,it might be difficult and may not work anytime but there are really helpful guidelines and tools that will help you out on your trading career.Lossing is a normal thing on trading but you should end up on profits and winning trades must be more than on losing ones. Trading is really risky if you don't have enough knowledge but if you are already prepared enough you know how to handle that for sure. Totally, we cannot really say that we can earn huge or not since trading is no guarantee for us to get some profits at all but although this is one of the best option to us but surely we need more proper knowledge about it since its very high chance for us to lose somr money if we do lazy acts on trades and just buy those shitcoins on the certain exchange, and as you say proper preparation will truly the best for us to do so in tradings. Most people do really believe on this thing which trading is a good investment which you could able to make decent or more money but its not really easy to achieve and as you said it would really need proper knowledge and experience in able to be profitable with it.Lossing money on trading is just a normal thing because of price volatility and must be careful choosing shitcoins. |
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I think it is if you are patient enough to wait and do not take the investment and gamble with it. Just leave the money aside and forget it for awhile , just let it grow.
What you said it true partially means these gambling investments take a quite some time to give you profits. But that doesn't mean that you should forget your investments for some time because all investments we should watch regularly and we should fix some lower side target and if we reach that loss percentage then it is better take out our money and invest in some other places. To make it short, you have to put a decent amount of money as your investment for you to have a decent return, since gambling sites are very profitable especially with a high volume you can ensure profit but that depends on how long you will remain loyal to a gambling site. In addition, you need to update yourself in the industry you venture to take appropriate action at the right time. Investing on casino sites is really good compared on playing the the gambling site itself but profits arent guarantee anytime and there are times you will gain nothing at all it depends on the profitability of a certain gambling site thats why before you tend to invest better to go on the most reputable and famous gambling site because you could somehow ensure profits. |
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Hey, guys. I'm relatively new to Bitcoin Mining, as you might as seen from the subject. I have a few questions in mind. Before I ask, one of my hobbies is computer engineering: So you don't need to simplify anything regarding that subject. Anyhow. How easy is it to make a profit through mining? How much should I initially invest? If I want to make a big profit someday, what are some necessities? More importantly, how should I cool a big room of miners down? The power here costs .13c/kWh, I'm pretty sure that's a vital piece of information you guys need. Please help me get started with bitcoin mining! Thank you!! : ) Hi there, How easy is it to make a profit through mining? Mining could be profitable it depends on what miner did you use and the cost of electricity on your place. How much should I initially invest? If you decide to build a mining farm or only a single miner then you should buy the latest antminer s9 from bitmain,you could able to see the price there i think its about $2000 each(not sure yet) If I want to make a big profit someday, what are some necessities? More importantly, how should I cool a big room of miners down? Ventilation of said mining farm would really require a cool place specially when they are operating 24/7 .. if you decide to purchase many miners then cooling system will be very important and also the maintenance. |
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I'd get a fucking job.
And no there is no such thing as a job in Crypto either.
..McDonalds is hiring and you'd make more working there than you would in in the shitcoin scene.
This is the best choice so far and i would do the same thing too since its good to have a day stable job and at the same time make some sidelines to maximize your salary and could able to save more.If you dont like to work offline then there would be freelance jobs here on the internet actually you could able to make decent amounts but in temporary basis depending on which aspect you are working. |
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