It is obvious, given the experience that you easily get $100k in 14 days, you have this belief that you can still recover the losses since you have done and win it before, surely you can win it again.  But alas, luck is not in your side that time so you lost all your winnings in just 3 minutes.  A strong lesson can be acquired from your experience and that is knowing when to call it a day and stop chasing losses.

I also think you got triggered by that situation making you lose control over your gameplay.  It is a good thing that you realized your mistakes and made certain adjustments after that.  I believe most of the readers learned a lot of lessons from your story.

An incredible story, but I think that the main theme in it is not cryptocurrencies, but excitement. Have you ever watched a video about ludomaniacs? Your case is a typical scenario of a gambler's behavior. After a small loss, there is a desire to restore everything and after that, each bet becomes bigger and bigger until the deposit is completely reset. It looks like a very unsuccessful Martingale strategy. Don't be upset, as they say: money came easily and left easily.

Finally, I have seen someone who confessed about the wrong move to subscribe to signal groups, you will only get nothing but loss because nothing is promised as a trader even when they give you good trade, it can be invalidated in less than an hour. What painful about the signal groups that many people don't know is that they will collect subscription fees from them and after adding them to the signal group, they don't make anything and the owner of the signal group goes unpunished. Funny how someone will just draw a line and give it to people and he/she doesn't trade it, if it is that profitable, I'm sure that he will keep the strategy to himself enjoying the profit alone without sharing the recipe. 


Jesus! $100k is a big damage man, sorry about that but damn, you learn the hard way because I'm not sure why it's difficult for some people to quit at some point. I know it's easy to quit and say with mouth but there are some profits that I will make at some point in my life that I will have a break and withdraw my money to an external wallet and then have a rethink of the next move. If you do that, you will even have time to think properly about the next move and what to do about the gambling strategy.

Leaving such a win is even a big risk because I'm pretty sure that if you wanted to withdraw that amount from the casino, they would probably say you should undergo some KYC requirements especially if you are new to the casino, we have seen many cases like that in this forum. If you have done that, starting again with a $1k deposit will let you easily know your missed step and when to quit because I know that if you have lost $1k like 3 times, you will not make the next deposit but sorry for the hard experience, you can still bounce back, never give up.

Txid.   0xa602aa6ab5a8acf6d0d47c490d7c26b05c7b9f732fbfdafd35e9e610fb179125

OP I thought I would hear a story like generating cheap altcoins via mining, then depositing them on casino, gambling for fun and repeating the same to get that pleasure you get when you quickly mine, deposit and get the desired fun but what you wrote is truly a sad loss.

Loss is a loss, we can't mask it, it affected his finances and mental health negativity. It's very important now for him to not try to gain what he lost because that is the moment when gambling addiction starts. OP has to forget what happened, imagine it was a fairy tale with good beginning and bad ending but it ended and that's all. OP just don't try to gamble for recovering your loses, you'll lose more. Only gamble for fun if you can, if not, then just forget it.

from depositing 20 dollars , going to 20,000 dollars? damn that is a sign of Loss chaser mate and indeed that this is a sign of you now best in gambling world because there is no place to chase losses .
the moment you sat on the table better to know how to limit your capacity in expecting and in spending .

it is always sad to see how gamblers need to learn the hard way while they can just learn from the mild way.

I'm sure that this is a story that you will keep bumping in your mind to remind you not to gamble again or learn first to know how to limit your budget.

Based on the story that you experienced, you went into an investment that you had no idea about, just like a signal on Wattsapp, and you lost a lot. I think that right here there was something wrong done.

The only thing I don't understand is why you let it lead to such an amount to grow even more instead of stopping it. Did you think that if you continued, you would still be able to recover what you lost to them? That's probably what you thought; that's why you were put in that situation. This is just proof that if you don't have knowledge, your investment capital will just go to waste. That's really a lesson learned, not only for you but also for other communities here.

This story of yours is the typical result for people that gain quick rich since you will be more greedy on entering more risky investments because you accumulate your money in an easy way.

It’s very hard to get over on this kind of lose but this lesson will surely gave you a valuable experience in the future to be more careful when you start earning again in a regular way. I’m almost gonna experience like this but I always manage securing my initial investment when in profit so that I can’t lose it all just like what happened to you. Bounce back stronger!

1.Maybe you should move this thread to the Gambling Discussion forum, since you are writing about crypto gambling. This forum is about discussions that are directly related to Bitcoin.
2.I find it hard to believe your story. Can you post some kind of proof? Transactions of the blockchain? Screenshots from casinos?
3.I guess that you have formed some kind of gambling addiction. Winning 100K via gambling makes you think that you could win 1M, which is totally delusional. The casino always wins at the end of the day and gambling is supposed to be for fun only. This is not a way to make money consistently or to become rich quick. Quit gambling ASAP. This isn't a healthy behavior.

They will improve quickly.  Take it as a lesson.  Not as a LOSS.  Accept this was your fate and step ahead.

Your first step toward the right path is this.  You acknowledged the loss.  You made a Bitcoin Talk account and you told your story listening to what we think.

Once you realize this was a LESSON instead of a LOSS you will understand the reasoning behind it and you will understand why it was important to you.  You could of worked for many years and earned 100 thousand the hard way then fall into a gambling addiction and lose it all.  You 'made' the money fast and lost it faster with little to no effort.  You are fine!

Dollar Cost Averaging is very simple.  Buy Bitcoin every now and then.  No matter how much.  Studies show even one coffee worth of Bitcoin invested a day for years has done wonders in the past.

the OP should have stayed in mining. at least he has something to sell after certain period of time. going to futures as well is like gambling if you don't know yet about the market. i don't know how true that he got that kind of winnings, about 100k. but then again, he lost it all in gambling. he should not have followed his ego of playing it all. he didn't even set aside like few thousands of dollars. if he will continue his gambling habits, high likely that he will soon find himself in deep debt and trouble to those people he owed from. i understand a lot of gamblers are betting it all for the mere thought of recovering all the losses, but usually, what happens is the other way around. and it is already too late before you stop as there's no more left.

So what's now stopping you from moving into requesting a loan from your neighbours, spouse, family, or anyone else that's close to you that can offer you one, or even moving to the bank to get a larger amount depending on your credit worth?
 
This is really a shameful act. Chasing losses to start with is every gambler's first mistake, and you were lucky enough to even win a large amount as a result of chasing your losses and also being reasonable enough to withdraw some of the winnings out of the casino and leave about $7,000, which you plan to use for another lucky try. When you end up losing the entire $7,000, did something not tell you that your lucky day has been exhausted and you should call it a day and move over to other life activities?
 
I just hope you learn your lesson from your experience, and I believe it's the first time you're trying this out, and you should also consider it the last time you make such a mistake; if not, you will end up turning into an addict, which might be as bad as selling your properties if you no longer have money to bet with.

You learned a powerful lesson the hard way.  It hurts but we all learn things the hard way some times.

It is a very usual occurrence to win a lot at Casinos and then slowly depositing incremental values from reserves.  It is why gambling is so addictive and successful to the owners of Casinos.  Now get back into Bitcoin Mining or start Dollar Cost Averaging.  You did not lose much from your own Wallet.  Imagine you never lost over 100 thousand but only the money you deposited from your Mining and what ever else you had that was not a Casino income.

Stay safer next time.  Never risk this much again.  Or at least if you can not help it but continue the addiction and luck is on your side again, hand the reserves to some body else you trust and love.  Tell them out loud, NEVER hand me reserves for purpose of gambling.  If you can not help yourself, ask some body else to help you out.
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Certainly, thank you. I no longer feel as interested in gambling as I used to. I've come to understand that easy money disappears quickly, very quickly. I've been reading about Dollar Cost Averaging and I hope things will improve. Thank you for your support.

You've shared your story. More hidden stories were there with most of the bitcointalk users. I don't know how why you did this. One should never chase the loss. What you've lost at the beginning is very small amount. Atleast you should have left it for the day. Maybe you could've got it back if you had tried it the next day. Anyhow your wrong choice had made things worse. In the fast moving world it is really hard to survive. Opportunities shouldn't be left, and you've missed a great opportunity and I don't know whether you'll get similar luck again or not. Take this a learning and focus on something else, if not you're gonna loss more and more as you've lost all the money won.