There is no relation between the topic tittle and the first post.  The reason why person is addicted to gambling is money,they want to earn money and thats all but their addiction can never fulfilled even though they won lot of money because people never satisfied with what they have. |
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Want your opinion on this guys.
We are situated in a bear market for some time and with a huge crash happened the past 2 weeks.
Do you guys keep betting with crypto and stack your crypto profits or do you prefer to switch to fiat betting and convert fiat winnings in crypto?
Me personally I love to bet on sports, fiat as well as on crypto platforms. However during the crash I switched to betting on fiat bookies for 90% of my bets.
Profits i make at this moment with fiat bookies i use to buy crypto cause of the cheap prices. those converted profits i deposit on crypto bookies and try to make some profits in crypto as well.
Don't know you share the same strategy or rather stick to fiat and/or crypto bookie as you usually do.
If you want to spend your winnings after you got it then you should convert it into fiat or just go play again and lose some of them.But swapping to fiat betting when the market is bearish doesn't make any sense because we are going to risk the same amount in fiat or crypto,if we win we can convert into fiat as soon as possible with ease so crypto betting is always best even when the market is bearish. |
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If you wanna survive, keep breathing. LOL. I'm just kidding. If you wanna survive in this bearish market while you're not a good trader so become a holder is the best option. You just need to be a holder until the bull run happen then you can come back as a trader  Holding the coins until the end of the bull run is more profitable than holding until the bull run begins,so lets reconsider about your strategy when to sell your holdings.But this is in trading discussion so if someone is trader and want to survive the bear market just do day traders and can make small profits using the small margins in the price movement everyday but when the prices fall too deeper again you maybe sunk. |
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Before investing, you must know the risks are always there. But from that choice, the risk of investing in real estate is smaller than others. Because housing in my country is needed. So prices will rise very quickly every year.
Don't call the real estate is less risky because it is highly risk to invest on low valued land with the hope of price will increase in the future,if not the land value is low you won't get much in return.And also the another risk in the modern world on investing on lands is some of the places suddenly gets floods or heavy drought which could ends up our land value to none. |
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The market is not going to recover faster so the investors have much time to select and invest on which coins they wanted.But we need to look the prices of bitcoin while investing on others since the whole price of crypto market is moving just based on the price of bitcoin.
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You mean responsible gambler. Those are the points a responsible gambler follows. But to be honest, how long do you think a gambler will be able to follow the points. Greed is in peoples nature. Eventually they will start to break some of those rules. There is no stopping. Once they start making profit, they will keep on gambling. Once they lose, they will stop gambling, but whats the use of stopping, when you have already lost it all?
Would say if you hesitate a lot, don't gamble at all.
When the greed overtake our control then we will face the losses so the criteria is about how to keep our mind in control whenever or whatever happens in gambling even if we lost a $1,000,000 or win $1,000,000 from gambling,we need to decide what we have to do next with full mind if our greed overtakes us we will lose more money.. |
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You people need to know what you are doing,when someone asks you for wallet id then you can find him as scammer,if not then you deserved to be scammed.Making red tag under his name will not do anythings so the people who are doing trades needs to understand his trick to scam you.
Better use your common-sense to avoid scams.
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Even though the small investors who are holding the bitcoin for too long,it won't get much effect in the bear run it still continue to fall so we need to pull more investors to cover up the marketcap values which loss in this year but it is not going to be easy.The current market situation is more unstable either to hold our coins or just sell and buy it back so take your own risk and act upon your decision.
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Sure I will put my coins on my ledger nano S everytime it can handle that token. I really don't understand why people still don't use hardware wallet now prices are quite cheap for them.
Because lot of people still don't understand the different types of wallets we have to store our cryptos,most of the users using the online wallets like blockchain.info wallet or bitcoin to store their coins that is why they are losing their coins and when we can teach the importance of using a hardware wallet we can save lot of hacks happening in personal. |
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No one can be winner in the bets for long streaks because as you said house has better edge of winning so if someone won in gambling then they need to get away with that rewards and spend it in the way he want of he looking for more money then he will learn the lessons just on the articles you mentioned.So the real moral of the story is "Don't be too greedy or you will lose everything".
If you properly read the story of the person who lost over $300,000 - you would see he did take his winnings away, and he did save them asides, and he did watch them closely and told himself that he would never bet again with this money. But .... life has proven otherwise ... he lost it all. Yes, go away if you win ... but for how long? Your mind will force you to go back. People need to understand this is like drugs, very addictive drugs - the best way to win is by simply betting on yourself i.e. don't gamble in the first place ... and if you did - put as many barriers as possible so you won't be able to go back to it. Or you can try to live with that, but that's a very costly habit, financially, emotionally and personally. If you go back even after you won lot from gambling means you are very greedy so it is not a wonders that you will be get defeated by that greed.It is addictive but you knows that you have a lot of money to spend it more enjoyable way so we should be aware of that and take the money what we got it from bets. |
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This is actually one of the reasons why I’ve completely stopped gambling as of recently, from playing games like dice to betting on eSports matches. I do have some fiat accounts with cash on them, so I’m going to temporarily bet on my fiat accounts while this little battle boils over. I haven’t moved a penny of my coins since the big drop yesterday was messing with the exchange prices sites like Bitrefill were charging for Amazon Giftcards as well; it’s unfortunate that the BCH battle’s affecting BTC in this manner, but I’m sure it’ll be over in a minute.
True, with the current volatility of the market as it is now, the best bet is just to be using fiat. At least, with your winnings, if you manage to anyway, you can easily buy back into bitcoin eventually until the coasts clear. If it is fiat they why not bitcoin,I think it will be more excited when we are betting with bitcoin like gambling inside a gambling,maybe the prices of bitcoin will goes to moon after we won so it is like a jackpot hit but it can't be done when we do bets with fiat and buy the bitcoin later equivalent to USD value.We are risking our money anyway by gambling it so the price changes is not considerable for the true gamblers. |
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That is the time for the real growth of crypto currencies without any hype and manipulation in my opinion.I can see that now the expectation of crypto currencies gets decreased due to the long bear run throughout the year and the nxt year will be the decision making year of crypto's future.
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Now I am not an expert in gambling but this day was a really eye opener for me, you can never win in gambling. Imagine when you can't win in lotto , soccer betting or whatever you call it, you don't have a chance in slots.
I'm not an expert in gambling too but saying that you can never win in gambling is just bullshit. Maybe you are just saying this because you can't accept your lost. If winning in gambling is impossible then why are many people still gambling right now?? I disagree with you. You can win in gambling. You just need the right ingredients to win like luck, strategy, discipline, etc. Gambling is about winning or losing, if you are not ready to lose don't approach gambling. In gambling, I am personally guided only by luck. but I don't agree if gambling can win with certain ingredients such as strategy, discipline, and so on. I just believe that most of what determines win is only luck, but I realize that you can win in gambling, but you can't be sure and guarantee that you will win That is we call it as luck simply.  But making money from the gambling is really a wrong intention and it can ruin our life so better find a job to make money and the do gamble only to test our luck and most importantly get entertained. |
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I think we should sell our cryptos when the prices are spiking,the next day the prices might go higher but still we made the profits from our investments but selling at the steady market looks like not profitable and also the prices may go deeper in the next days,so sell your coins when you made some profits only if you are a trader.
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The creator of this thread just making some random threads on different sections but never replied to any other comments after asked for the suggestions.  What should we do now? |
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Usually when i am tired, bored, and i have nothing productive to do on the entire day.
That is the time in which i decide to use some of my money to get some fun, sometimes i earn, and sometimes i lose, but i am never risking more than $5 or $20.
It's a low amount, but it is efficient
The amount you mentioned is very negligible to lose which shows that your interest about gambling and also it is good that you are in control and never got greed to make money from betting.But you always need to be careful like you are doing now,the money and time limit are the things which can save us from getting addicted to it. |
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I think that there is no solution to avoid hacking attacks. Hackers always understand how to hack the system. there is only one way to avoid it is working together with hackers but not for bad things but try to move them in good projects
But what could be the motivation for them to support ? I mean the real challenge for a hacker is what he does, they sort of live by this code. I am not sure if this is practically possible. Don't you think good encryption and a decentralized distributed system will help resolve this problem or is it unrealistic? The hackers also keep updated them so it is quite hard for the exchanges to provide security for their funds and ends up hacking but nowadays there is no hack happened with big exchanges so it is not a problem with the current market situation of the crypto currencies prices were falling. |
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Same perception here , Even before when crypto has not yet invented , Gambling is happening a lot. We doesnt need crypto in playing gambling but now crypto help us to play gambling on more easier way than before. Imagine we can play gambling at our own house today.
Yeah and that is how online gambling changes how we gamble. Instead of going out to our house and go to a casino just to gamble, we can gamble now even without going outside of our house. Crypto gambling plays a big role in online gambling since most casinos doesn't accept crypto and we gamblers can use crypto to gamble online. There are many online sites which uses fiat to bet and even now many people using that who don't know about crypto gambling so the gambling will never ends only the form of betting and the currencies keep changing. |
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Maybe the price of the token will go to moon when it goes public so it is better to buy at the presale but it is not happening with any of the ICOs nowadays which shows that most of the ICOs are not worth to invest and crypto market is also bad now so better avoid investing on the ICOs for now other than you know that it will be a coin for future.
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Firstly, i am not a financial Advisor but please do take this tip seriously. BTC has gone all the way down from $6k to $4529 this morning. People are in great loss. so to avoid further losses. sell now.. i believe some people will listen to me
So you want the bitcoin price to fell further more? If everyone sell their bitcoin now will make the demand to go lower and the prices to reach very bottom and that is what the whales are intented to do to us,that is how they can buy the bitcoin again for too low prices.Try to make some profits even from this bear market by continuous trading with it or just hold it in long term. |
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