user : alexis3

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user alexis3

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If by investment you mean trading bitcoin and USD through exchanges then there are various trading strategies for bitcoin, some are short term and some are long term, probably it depends on your patience and your available capital mainly.
Investing into bitcoin as in buying and holding them is much simpler though specially if you intend to hold for a long term, Simply finding a good and a price you see as appealing to buy at and wait until you reach the targeted profit.

if I have excess funds that I want to invest in bitcoin, of course, I also try to increase them in low-risk investments and particularly with interesting and rising altcoins,
Even though bitcoin price is x10 this year, it doesn't necessarily mean it will continue rising in the future, so it's a relatively risky money investment to buy bitcoin.

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There was one in london, I used google maps to get there as it was far and honestly, the main reason I went there was for the novelty of buying bitcoin using an ATM, The experience was both easy and relaxing, IMO better than regular peer to peer deals.

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Tried multiple strategies overtime and the best I came up with is something like martingale mixed with a raise bet even in profit, basically 300 satoshi base bet with x2 on loss and x1.5 the base bet on profit.
Regarding the fact strategies don't help, true, dice is random, but this makes it more interesting.

The current almost default fee for a regular 222 byte transaction is about 0.0004 which is equal to $1, if you have to pay $8 then it's because the size is much bigger by including more addresses in sending and receiving.
I'm not saying the fee is OK, but I am not with changing the system to something centralized which is taking the purpose of BTC for cheaper confirmations...

I mainly play for fun and generally, I think gambling is very difficult to result in profit considering the nature of the game and the lack of opportunity with the house edge, people playing for real profit rarely achieve that since the house edge is against the player

Tested it out and it was wonderful, the free play money showed and allowed me to see the way to bet and it is very friendly, I like the anonymous bet feature although I wasn't able to use it with play money but the idea is simiar to the -now closed- Directbet system.
Do you intend to offer live betting anytime soon?

Investing in casino's is an investment IMO, unlike HYIP's, Ponzi's and the like aren't even investments. I think putting your money with a house edge is better than playing with a negative house edge.
Although the difference is a small %, but on long term the mathematics will most likely show themselves successful and the investor/site end up with profit.

I do some trading once in a while, I think it's completely different than gambling when I follow indicators and news to analyze, I'm not too sure but I feel that makes a different in the outcome, on the other hand gambling is completely random and any gamble depends solely on luck particularly on games like Dice.

The most annoying mistake is over-playing, I played with few bitcents and reached really good profit but kept going for more until I lost the deposited and profit money. I think over-trading in general is a big mistake that can even lower the possibility more than the house edge.

I actually found this playoffs the most interesting, considering the best teams made it in every series and even in clean victories, that was the best getting a win but was boring in a way, considering there was no dramatic 3 pointers winning a game 6 victory.

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Thanks.

August 23, 2017