gambling is not better way to earn money because it is only for entertainment purpose but it is better to invest in a casino to get the profit or if you like and is possible for you then try to start a casino with your own money but it will require a high capital for making it with developers and then for hiring some experts for it to run and for other expenditures of the casino. Advertisement will also require a high fund which is much essential for the success of your casino.
I think rather than hiring technicians and paying them thousands of dollars it is much better to just invest in a gambling site that already exist and is trustworthy enough to invest for example is/was moneypot. Other than that though gambling is not something we should suggest someone but I can give you contact of guys who are highly skilled and make profit with gambling in real life. Believe it or not. |
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I am just wondering what are your favorite Bitcoin gambling sites and why?  Depending on my mood and which games I would like to play, as well where I like to play with. If sports betting go to Sportsbet.io, for dice go to Rollin.io and etc. It just my opinion  and at least check a site before you want to play. Yeah most of the sites are trustworthy in the market right now unless they decide otherwise suddenly. I think if I have to choose one site to gamble and let all the others go away I would choose bitdice because its a balance of dice, rakeback and everything so pretty awesome man. While I would bless they add sports soon ecause sports is something that makes me crazy to bet. |
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i keep hearing about gambling dice, so i wanted to give it a try but i don't want to deposit my money yet.
also i have heard they usually do giveaways.
so is there any of them currently giving away some amount that i can play with?
(no deposit bonus)
Visit any of the reputed sites like : rollin, primedice, bitdice, etc and they all have a faucet in their site to test the site. And mate, dont get me wrong by test, that is real money you win and you can withdraw anything. I have seen guys making like 0.1 with just faucet so its pretty cool to try but winning like 0.01 from faucets need like a month of constant trying unless too lucky. |
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I have been thinking of an insurance service for gamblers, in which they were supposed to pay regular premiums. And while placing bets can get back at least a small amount back if the lost amount is a huge one. Myself too haven't come across such services. What you people think of an insurance for gambling.
There is a big problem with this while most of the insurance are for life and valuable things and people cannot die just because of money. While if they get insurance for gambling then they will simply bet all of their money on max odds, if lost they insurance and get their money back. So ultimately insurance company will go in loss mate. |
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The important thing to know about Martingale is that it doesn’t increase your odds of winning. Your long-term expected return is still the same. You can’t escape from that.
What the strategy does do is delay losses. Under the right conditions, losses can be delayed by so much that it seems a sure thing.
Right but actually what I have seen is that when people easily win money using martingale they just increase their initial amount of betting and hence loosing much quickly. I was betting at fortunejack for a long time using martingale and I realize this thing that the more smaller we bet, though profits are less too but we bust a lot later. |
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While this thread is created here, I think you mean investment in trading. There are many books to read especially if you are newbie, for example in investing, this book is great to read: "The Essays of Warren Buffett: Lessons For Corporate America" (1997) by Warren Buffett" and for stock trading, I suggest you to read "Reminiscences of a Stock Operator" and for trading - "Reminiscences of a Stock Operator by Edwin Lefèvre". That books will give you very good experience and remember, best investor and trader is active reader.
You got it wrong, he meant he want to learn about crypto currency and its trading as you can see this from the main post. Anyways Warren doesn't trade with BTC yet as far as I know and hence the best books or e-books to read for btc investment and knowledge can be searched on google. I am doing trading since quite sometime now but I never felt I need any book at all. |
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here mostly saying luck has nothing to do with trading or at least it is a very tiny part of it.
You might be wrong in my view. Whether it is tiny or big force, there is a role for luck factor in trading for deciding our performances in trading. I have seen many traders were ending up in losses just due to sudden changes/fluctuations even they had very good skill for in-depth technical analysis. There are some points, beyond that only luck may save us. Indeed luck plays a very important role because we might buy some horror coin and then we just get lucky and the team somehow made the right move and got a big pump during which we sold the coins. While on the contrary we buy some best possible coins and there is some sudden issues with the team and we dump them knowing the coins are being dumped, though they might rise later. So luck is all we need man in gambling and in trading of course. |
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I spend all my winnings paying for things I need or to keep aside for something like of my car breaks down. I am not much of a gambler so the winnings are not much that is why I mostly use it to pay for small things like digital purchases. I normally will move my winnings to a different wallet or I'll just gamble it somewhere else.
the best thing to do so that you get the maximum benefit is to save and spend Part of the money you get from gambling for your everyday needs. Use the rest of the money you get to gamble, so you can still meet your needs and can also play your hobby. Do not spend all the money you get to gamble, it will only be wasting your money only. It is very right and true fact that whatever we take out of gamble is the actual win while what we gamble again is what we will surely loose. So the more we can withdraw in real life or even bitcoins ( lock them in a wallet maybe ) that is the actual profit. Guy winning 1 bitcoin is not a winner if he losses it next day while a guy winning 0.01 is a winner if he worths it. |
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We know many quite old and trusted casinos like Primedice, Safedice, Crypto-games etc. And yet I see there are many new casinos appearing like Bonanza or BtcDragon. Do new ones have a chance of becoming popular nowadays? And what can bring populatiry to a new casino? I think new casinos attract investors, because there is a low bankroll there which strengthens such casinos. What else can help? Do you think a signature campaign makes big difference, for example?
For gamblers they always prefer old and trusted sites because its already hard to win and after winning you don't want to test your luck again if the owner is honest or not. But yeah if some new game comes up people go for it, while if a new dice sites shows up. I would always prefer old ones. |
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Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?
What do you think?
The answer to this is no. The government runs on taxes. If Bitcoin became so much of a predicament, the government would start watching very closely, and congress would pass new laws on bitcoin. If you live in the US, there are taxes for capital gain. No matter where you live in the world, it is quite obvious that bitcoin will not ever ruin a country. Imagine this, we would have to print less money, saving some trees. Also, Bitcoin can stop currency devaluation. |
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This match is already one sided because Bangladesh fielding and bowling is lower then average I was big fan of them in New Zealand tour but today they was really awful tonight they need to think about this because now they have no time to recover this all just play some good game if they want to avoid humiliated defeat here
Bangladesh has to improve their slip fielding and in test matches slip catching is an integral part and every team employs the best catchers in that position and even in the New Zealand tour they have dropped a lot of catches in that area at least they dropped over 20 catches in the series which is really bad for an international team. 20 catches ? oh sorry really a miserable performance from Bangladesh. Against India too, in the ongoing test they missed a run out so childishly. If they would have done that perfectly then Murali Vijay would not have got his century. India must be an easy pick for this test match. But I am not finding any better odds to bet on this match, just staying away. |
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You simply can not be sure of anything which is currently working or worked at some time for you. I have tried everything martingale and bigger plus smaller bets but all had same results in the long run. Just place with thinking that you may loose money with what you play. Dice works like most the gambling games where strategies don't work.
i agree with you mate no matter how good the strategy was but playing it on the long period of time will only results into losing everything dice game can be combined of luck and self control making you decide when to stop and be contented with the small amount of earnings if possible. I agree but sometimes I see some users like on rollin site there are a few members like shahi something ( I cant recall name correctly ) are in profit for more than a year and even getting thicker and thicker. I wonder what's the reason behind this because I have not seen a gambler in my life whom I personally know and is in profit from gambling so how such people exist in virtual world ? Maybe one in a million |
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It provided a good opportunity to buy cheap bitcoins though. Thank you china. It seems that while china is dumping, the rest of the world is pumping.
Do you mean the rest of world is actually doing what China did previously and China also vice versa ? I guess we need not to give more weightage to China no more, for that the good supporting evidence must be recent stable prices above $1000. But it is obvious any exchange causality will affect bitcoin prices hence market will bounce back. We can just use this as an buying opportunity. |
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no need to worry even though the price drop back to $700.
Bitcoin has been proven going through those situations again and again, but always climb up in the end.
Scaling issue will be solved as time goes on, transaction delayed is the most concerned problem for now.
Yes, when our investments are intended for long haul, we are automatically gaining peace of mind and the returns also definitely in big multiplications. It always proven that any time must be a good time to invest into bitcoin systems but we must decide only when would be the right time for profit booking or using bitcoins. "Using bitcoins" would be a very big benefits we are going to enjoy in our life time to extract the maximum benefits of investing into bitcoins. |
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hahaha, but the current bitcoin prices are falling, so I think, at this time bitcoin is sad to see us. but after that maybe the price will rise again, and the price statistics will show the price of bitcoin smiled broadly.  It is indeed smiling at us once again. Just like the sun rising after the cold of the night before. You just have to have some faith in it so to nuture and let it grow. We can take what ever meaning of a chart's ups and downs. But what I am finding is after bitcoin hits $1000 price levels for the second time in 2017, it signals no more $1000 levels are a big physiological resistance for many trades as a profit booking zone, they might wait for $1100 levels for the next rally for sure. |
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Yes, usually sudden fall and sustaining prices are indicating buy back.
But I guess, we need to check whether those Chinese exchanges will be resuming their withdrawal process so that we can confirm there will not be any further price down fall. Otherwise we may get trapped by "dead cat bounce".
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Trading can looks the best way and well is the only way where you can invest and you wont loose your balance at once, like the way it happens with gambling, but i started to believe sport bettings might be an amazing way of income, and with better odds then any altcoins at the moment, but it has a bigger risk as well.
Trading is best way to earn bitcoin and to make more money with this digital currency and if you know what you are doing you can really easy get money from it from short term of trading and not only for gambling , gambling is just 70 % change of loosing and 30% chance of winning even in sports you can see what will be the small odds is that higher percent chance of wining that the higher one. Investment in icos is good too you can get profit there after 1 month. True, never try gambling it is real a lost even if you think you are wining at some point you are going to get greedy and lose all of your money, so stay away from it, as for the best way to earn more money is to save bitcoin until the price get high and then sell it and wait for the price to drop and then rebuy the bitcoin and so on. Because, currently bitcoin prices are range bounded, we can make use of it this way. |
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Till governments have not legalized it yet but many companies are testing the block chain technology, Even government are also not telling directly that they are banning bitcoin but people are using it according their needs. But once governments start encouraging people than there will big bounce in bitcoin industry.
Governments are still not considering bitcoin for many reasons such as they think it will only bring more illegal actions given the fact the using it does not require id and it is totally anonymous, and honestly bitcoin has been used a lot lately so probably how many people using will influence bitcoin prices, it means government's stand not at all required. |
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From where I stand over here, having cash now in this current economy is like having paper as the value of what it can get decreases every day by day which is not good for anyone which means the value of my money have to move in that direction or more if I will have to buy the same quantity I bought a week ago and the only means that can happen is keeping my money in bitcoin which is risky though but I am ready to leave by that.
It is true that the bitcoin is a great asset and a good way to ensure a great way to make profit. But we cannot lie about having to adopt to the real word, since the world uses cash in every transactions and in everyday life in restaurants supermarket, and we have to use cash even if we don’t want to. |
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It is not like that actually. It is never predictable. But if you are active enough to be around all day and do day trading then you can earn some regular income from trading for sure. You need to learn the market and predict it. For most of us, we are not that much of an experts in trading since we only trade with a small amount compared to the other traders who have a big capital and they actually can make a very good profit from trading with bitcoin, so we can never say that trading gives us fixed income because we only try it from time to time. |
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