jonte
Member
Offline
Activity: 88
Merit: 10
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October 11, 2015, 01:38:57 AM |
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Edit: God damn it, this always happens to me. I divest all when I see my investment plummeting and as soon as I divest, the investor profit goes almost all the way back to where it was. Lost 10 days worth of investment in 10 minutes.
I know there's some investors (like cowbay) who wait until a they see investor profit go down, then invest, and divest when it goes up again. But all in all, I'm not convinced you will outperform just putting money in (but only as much as you can afford losing!) and forgetting about it for a few months. And for added benefit, help promote some of the MP casinos . For instance, had you put money in at the earlier investment opportunity, you'd now be currently sitting on a 36% profit. I'm not sure if that's worth the risks or not, but hey, it's better than having lost money =) Well I was doing quite alright sitting at a 3.8% ROI on my 10BTC investment that I started 10 days ago. Then the high roller started betting and I watched my profit fall from 0.38 to -0.03 so I divested. At that point the total investor profit was at 77BTC. Almost as soon as I divested the investor profit shot back up to 94BTC leaving me feeling like an idiot. I'm not so sure its worth the risk but I'm also not sure where else to invest my spare coins besides cloud mining which is almost completely pointless due to the miniscule returns.
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dooglus
Legendary
Offline
Activity: 2940
Merit: 1330
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October 11, 2015, 01:43:46 AM |
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Wow, taking big hits to my investment from some lucky high-roller. Let's hope his luck runs out before my bankroll does, haha.
Edit: God damn it, this always happens to me. I divest all when I see my investment plummeting and as soon as I divest, the investor profit goes almost all the way back to where it was. Lost 10 days worth of investment in 10 minutes.
You're doing it wrong. Why would you divest right after taking a loss? The guy you lost to is likely to keep playing, and likely to lose his winnings if he does. As an investor you want high volume. (Note: I also do it wrong, because I too get scared by big bets).
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jonte
Member
Offline
Activity: 88
Merit: 10
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October 11, 2015, 01:50:10 AM |
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Wow, taking big hits to my investment from some lucky high-roller. Let's hope his luck runs out before my bankroll does, haha.
Edit: God damn it, this always happens to me. I divest all when I see my investment plummeting and as soon as I divest, the investor profit goes almost all the way back to where it was. Lost 10 days worth of investment in 10 minutes.
You're doing it wrong. Why would you divest right after taking a loss? The guy you lost to is likely to keep playing, and likely to lose his winnings if he does. As an investor you want high volume. (Note: I also do it wrong, because I too get scared by big bets). Yeah I realise that now but in the moment you're just thinking "oh shit, what if this guy just keeps winning?". Logic goes out the window when you're dealing with potentially large losses.
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ranlo
Legendary
Offline
Activity: 1974
Merit: 1007
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October 11, 2015, 02:08:14 AM |
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Wow, taking big hits to my investment from some lucky high-roller. Let's hope his luck runs out before my bankroll does, haha.
Edit: God damn it, this always happens to me. I divest all when I see my investment plummeting and as soon as I divest, the investor profit goes almost all the way back to where it was. Lost 10 days worth of investment in 10 minutes.
You're doing it wrong. Why would you divest right after taking a loss? The guy you lost to is likely to keep playing, and likely to lose his winnings if he does. As an investor you want high volume. (Note: I also do it wrong, because I too get scared by big bets). Yeah I realise that now but in the moment you're just thinking "oh shit, what if this guy just keeps winning?". Logic goes out the window when you're dealing with potentially large losses. Welcome to bankroll investing. And yes, it's a risk either way. Always keep in mind the JD Nakowa situation, .
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jonte
Member
Offline
Activity: 88
Merit: 10
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October 11, 2015, 02:34:03 AM |
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Wow, taking big hits to my investment from some lucky high-roller. Let's hope his luck runs out before my bankroll does, haha.
Edit: God damn it, this always happens to me. I divest all when I see my investment plummeting and as soon as I divest, the investor profit goes almost all the way back to where it was. Lost 10 days worth of investment in 10 minutes.
You're doing it wrong. Why would you divest right after taking a loss? The guy you lost to is likely to keep playing, and likely to lose his winnings if he does. As an investor you want high volume. (Note: I also do it wrong, because I too get scared by big bets). Yeah I realise that now but in the moment you're just thinking "oh shit, what if this guy just keeps winning?". Logic goes out the window when you're dealing with potentially large losses. Welcome to bankroll investing. And yes, it's a risk either way. Always keep in mind the JD Nakowa situation, . Not my day today. Decided that it would be a good idea to "win back" my investment losses. Yeah, about that - lmao.
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ranlo
Legendary
Offline
Activity: 1974
Merit: 1007
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October 11, 2015, 02:43:13 AM |
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Wow, taking big hits to my investment from some lucky high-roller. Let's hope his luck runs out before my bankroll does, haha.
Edit: God damn it, this always happens to me. I divest all when I see my investment plummeting and as soon as I divest, the investor profit goes almost all the way back to where it was. Lost 10 days worth of investment in 10 minutes.
You're doing it wrong. Why would you divest right after taking a loss? The guy you lost to is likely to keep playing, and likely to lose his winnings if he does. As an investor you want high volume. (Note: I also do it wrong, because I too get scared by big bets). Yeah I realise that now but in the moment you're just thinking "oh shit, what if this guy just keeps winning?". Logic goes out the window when you're dealing with potentially large losses. Welcome to bankroll investing. And yes, it's a risk either way. Always keep in mind the JD Nakowa situation, . Not my day today. Decided that it would be a good idea to "win back" my investment losses. Yeah, about that - lmao. Ouch! At least you won that 0.2, if that makes you feel any better, lol.
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RHavar (OP)
Legendary
Offline
Activity: 2557
Merit: 1886
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October 11, 2015, 02:45:39 AM |
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Not my day today. Decided that it would be a good idea to "win back" my investment losses. Yeah, about that - lmao.
Ouch. Well, at least you have the honor of being the one who pushed the investor profit over 100 BTC If you choose to invest again, you might want to look at using the investment lock feature it might help you make a plan and stick to it. (Actually, the whole reason I built it was because I scared the shit out of myself doing exactly what you did on another investment site, although I happened to win my very final bet that I could have made)
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Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
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jonte
Member
Offline
Activity: 88
Merit: 10
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October 11, 2015, 02:46:28 AM |
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Wow, taking big hits to my investment from some lucky high-roller. Let's hope his luck runs out before my bankroll does, haha.
Edit: God damn it, this always happens to me. I divest all when I see my investment plummeting and as soon as I divest, the investor profit goes almost all the way back to where it was. Lost 10 days worth of investment in 10 minutes.
You're doing it wrong. Why would you divest right after taking a loss? The guy you lost to is likely to keep playing, and likely to lose his winnings if he does. As an investor you want high volume. (Note: I also do it wrong, because I too get scared by big bets). Yeah I realise that now but in the moment you're just thinking "oh shit, what if this guy just keeps winning?". Logic goes out the window when you're dealing with potentially large losses. Welcome to bankroll investing. And yes, it's a risk either way. Always keep in mind the JD Nakowa situation, . Not my day today. Decided that it would be a good idea to "win back" my investment losses. Yeah, about that - lmao. Ouch! At least you won that 0.2, if that makes you feel any better, lol. Score! I lost it straight away though haha. After I won that .2 I was like "one more win and ill stop". Shit's harsh, man. With 8BTC invested I wonder how long it'll take to get back to 10BTC and recover my idiotic loss. Like 6 months? You win some and you lose some I guess.
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shulio
Legendary
Offline
Activity: 1540
Merit: 1016
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October 11, 2015, 03:22:33 AM |
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Wow, taking big hits to my investment from some lucky high-roller. Let's hope his luck runs out before my bankroll does, haha.
Edit: God damn it, this always happens to me. I divest all when I see my investment plummeting and as soon as I divest, the investor profit goes almost all the way back to where it was. Lost 10 days worth of investment in 10 minutes.
You're doing it wrong. Why would you divest right after taking a loss? The guy you lost to is likely to keep playing, and likely to lose his winnings if he does. As an investor you want high volume. (Note: I also do it wrong, because I too get scared by big bets). Yeah I realise that now but in the moment you're just thinking "oh shit, what if this guy just keeps winning?". Logic goes out the window when you're dealing with potentially large losses. Welcome to bankroll investing. And yes, it's a risk either way. Always keep in mind the JD Nakowa situation, . Not my day today. Decided that it would be a good idea to "win back" my investment losses. Yeah, about that - lmao. Ouch! At least you won that 0.2, if that makes you feel any better, lol. 0.2 still can't recover all the loss there. Just in few seconds you will lose much bitcoin there. Thats why people said should play slowly but that is dice games, you should know the risk though, somtimes you will win big and sometimes lose big. Dice will always be like that
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hua_hui
Legendary
Offline
Activity: 1386
Merit: 1016
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October 11, 2015, 08:28:20 AM |
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Wow, taking big hits to my investment from some lucky high-roller. Let's hope his luck runs out before my bankroll does, haha.
Edit: God damn it, this always happens to me. I divest all when I see my investment plummeting and as soon as I divest, the investor profit goes almost all the way back to where it was. Lost 10 days worth of investment in 10 minutes.
You're doing it wrong. Why would you divest right after taking a loss? The guy you lost to is likely to keep playing, and likely to lose his winnings if he does. As an investor you want high volume. (Note: I also do it wrong, because I too get scared by big bets). Yeah I realise that now but in the moment you're just thinking "oh shit, what if this guy just keeps winning?". Logic goes out the window when you're dealing with potentially large losses. Welcome to bankroll investing. And yes, it's a risk either way. Always keep in mind the JD Nakowa situation, . Not my day today. Decided that it would be a good idea to "win back" my investment losses. Yeah, about that - lmao. ouch. that is a painful one. well at least u still have that 8btc left. it is better den losing all of it. and lets hope we can get lots of profit from the investment!!!
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hopenotlate
Legendary
Offline
Activity: 3318
Merit: 1225
Top Crypto Casino
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October 11, 2015, 09:52:17 AM |
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Wow, taking big hits to my investment from some lucky high-roller. Let's hope his luck runs out before my bankroll does, haha.
Edit: God damn it, this always happens to me. I divest all when I see my investment plummeting and as soon as I divest, the investor profit goes almost all the way back to where it was. Lost 10 days worth of investment in 10 minutes.
You're doing it wrong. Why would you divest right after taking a loss? The guy you lost to is likely to keep playing, and likely to lose his winnings if he does. As an investor you want high volume. (Note: I also do it wrong, because I too get scared by big bets). Yeah I realise that now but in the moment you're just thinking "oh shit, what if this guy just keeps winning?". Logic goes out the window when you're dealing with potentially large losses. Welcome to bankroll investing. And yes, it's a risk either way. Always keep in mind the JD Nakowa situation, . Not my day today. Decided that it would be a good idea to "win back" my investment losses. Yeah, about that - lmao. Ouch! At least you won that 0.2, if that makes you feel any better, lol. Score! I lost it straight away though haha. After I won that .2 I was like "one more win and ill stop". Shit's harsh, man. With 8BTC invested I wonder how long it'll take to get back to 10BTC and recover my idiotic loss. Like 6 months? You win some and you lose some I guess. I'm sorry for your loss but also am happy to see you were able to stop betting before doing bigger damages to yiyur bankroll. It's not easy at all: happens you feel the urge to recover your losses as soon as possible and it could seem so easy just to double your previous bet and click again. So, again, happy you did the right, difficult, move to stop betting.
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jonte
Member
Offline
Activity: 88
Merit: 10
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October 11, 2015, 10:07:49 AM |
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Wow, taking big hits to my investment from some lucky high-roller. Let's hope his luck runs out before my bankroll does, haha.
Edit: God damn it, this always happens to me. I divest all when I see my investment plummeting and as soon as I divest, the investor profit goes almost all the way back to where it was. Lost 10 days worth of investment in 10 minutes.
You're doing it wrong. Why would you divest right after taking a loss? The guy you lost to is likely to keep playing, and likely to lose his winnings if he does. As an investor you want high volume. (Note: I also do it wrong, because I too get scared by big bets). Yeah I realise that now but in the moment you're just thinking "oh shit, what if this guy just keeps winning?". Logic goes out the window when you're dealing with potentially large losses. Welcome to bankroll investing. And yes, it's a risk either way. Always keep in mind the JD Nakowa situation, . Not my day today. Decided that it would be a good idea to "win back" my investment losses. Yeah, about that - lmao. Ouch! At least you won that 0.2, if that makes you feel any better, lol. Score! I lost it straight away though haha. After I won that .2 I was like "one more win and ill stop". Shit's harsh, man. With 8BTC invested I wonder how long it'll take to get back to 10BTC and recover my idiotic loss. Like 6 months? You win some and you lose some I guess. I'm sorry for your loss but also am happy to see you were able to stop betting before doing bigger damages to yiyur bankroll. It's not easy at all: happens you feel the urge to recover your losses as soon as possible and it could seem so easy just to double your previous bet and click again. So, again, happy you did the right, difficult, move to stop betting. Yeah I'm lucky I don't have an addictive personality. I've heard of many people who've ruined their lives by simply not knowing when to stop.
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ranlo
Legendary
Offline
Activity: 1974
Merit: 1007
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October 11, 2015, 07:04:21 PM |
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Yeah I'm lucky I don't have an addictive personality. I've heard of many people who've ruined their lives by simply not knowing when to stop.
Gambler's fallacy is a big part of this. "I missed the 1% roll 99 times now. Just one more and I should hit it!"
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Chemistry1988
Legendary
Offline
Activity: 1120
Merit: 1000
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October 11, 2015, 07:14:55 PM |
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Not my day today. Decided that it would be a good idea to "win back" my investment losses. Yeah, about that - lmao.
Ouch! At least you won that 0.2, if that makes you feel any better, lol. Score! I lost it straight away though haha. After I won that .2 I was like "one more win and ill stop". Shit's harsh, man. With 8BTC invested I wonder how long it'll take to get back to 10BTC and recover my idiotic loss. Like 6 months? You win some and you lose some I guess. I'm sorry for your loss but also am happy to see you were able to stop betting before doing bigger damages to yiyur bankroll. It's not easy at all: happens you feel the urge to recover your losses as soon as possible and it could seem so easy just to double your previous bet and click again. So, again, happy you did the right, difficult, move to stop betting. Yeah I'm lucky I don't have an addictive personality. I've heard of many people who've ruined their lives by simply not knowing when to stop. I did the exact same thing in August when investor profit got a big hit and went negative, and I lost a few bitcoin. I am sorry to see your loss, but looking at the bright side, your loss is not as big as mine and you have a much better self-control than I had lol.
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ranlo
Legendary
Offline
Activity: 1974
Merit: 1007
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October 11, 2015, 08:29:12 PM |
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Not my day today. Decided that it would be a good idea to "win back" my investment losses. Yeah, about that - lmao.
Ouch! At least you won that 0.2, if that makes you feel any better, lol. Score! I lost it straight away though haha. After I won that .2 I was like "one more win and ill stop". Shit's harsh, man. With 8BTC invested I wonder how long it'll take to get back to 10BTC and recover my idiotic loss. Like 6 months? You win some and you lose some I guess. I'm sorry for your loss but also am happy to see you were able to stop betting before doing bigger damages to yiyur bankroll. It's not easy at all: happens you feel the urge to recover your losses as soon as possible and it could seem so easy just to double your previous bet and click again. So, again, happy you did the right, difficult, move to stop betting. Yeah I'm lucky I don't have an addictive personality. I've heard of many people who've ruined their lives by simply not knowing when to stop. I did the exact same thing in August when investor profit got a big hit and went negative, and I lost a few bitcoin. I am sorry to see your loss, but looking at the bright side, your loss is not as big as mine and you have a much better self-control than I had lol. On the flip side, there is at least one investor (maybe multiple) that divests, plays and profits, then reinvests it all. Same happens with JD.
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hua_hui
Legendary
Offline
Activity: 1386
Merit: 1016
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October 11, 2015, 11:59:02 PM |
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Not my day today. Decided that it would be a good idea to "win back" my investment losses. Yeah, about that - lmao.
Ouch! At least you won that 0.2, if that makes you feel any better, lol. Score! I lost it straight away though haha. After I won that .2 I was like "one more win and ill stop". Shit's harsh, man. With 8BTC invested I wonder how long it'll take to get back to 10BTC and recover my idiotic loss. Like 6 months? You win some and you lose some I guess. I'm sorry for your loss but also am happy to see you were able to stop betting before doing bigger damages to yiyur bankroll. It's not easy at all: happens you feel the urge to recover your losses as soon as possible and it could seem so easy just to double your previous bet and click again. So, again, happy you did the right, difficult, move to stop betting. Yeah I'm lucky I don't have an addictive personality. I've heard of many people who've ruined their lives by simply not knowing when to stop. I did the exact same thing in August when investor profit got a big hit and went negative, and I lost a few bitcoin. I am sorry to see your loss, but looking at the bright side, your loss is not as big as mine and you have a much better self-control than I had lol. that sounds super super scary. how did u lose? is the hit bigger than the recent hit we had?
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Chemistry1988
Legendary
Offline
Activity: 1120
Merit: 1000
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October 12, 2015, 12:21:24 AM |
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I did the exact same thing in August when investor profit got a big hit and went negative, and I lost a few bitcoin. I am sorry to see your loss, but looking at the bright side, your loss is not as big as mine and you have a much better self-control than I had lol.
that sounds super super scary. how did u lose? is the hit bigger than the recent hit we had? It is not even comparable lol. I don't have the exact numbers, but IIRC, in August, the investor profit went from something like +50 to like -20 within a few days.
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lorylore
Legendary
Offline
Activity: 1470
Merit: 1002
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October 12, 2015, 12:29:57 AM |
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I did the exact same thing in August when investor profit got a big hit and went negative, and I lost a few bitcoin. I am sorry to see your loss, but looking at the bright side, your loss is not as big as mine and you have a much better self-control than I had lol.
that sounds super super scary. how did u lose? is the hit bigger than the recent hit we had? It is not even comparable lol. I don't have the exact numbers, but IIRC, in August, the investor profit went from something like +50 to like -20 within a few days. woa. that is a huge drop. basically the pot lose all the profits in months to within a few days! so are you still invest in it after that or divest already??
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ranlo
Legendary
Offline
Activity: 1974
Merit: 1007
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October 12, 2015, 12:31:29 AM |
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I did the exact same thing in August when investor profit got a big hit and went negative, and I lost a few bitcoin. I am sorry to see your loss, but looking at the bright side, your loss is not as big as mine and you have a much better self-control than I had lol.
that sounds super super scary. how did u lose? is the hit bigger than the recent hit we had? It is not even comparable lol. I don't have the exact numbers, but IIRC, in August, the investor profit went from something like +50 to like -20 within a few days. Try +72 to -28. A drop of around 100 BTC. My own investment went from being +29% to -22% in two days.
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hua_hui
Legendary
Offline
Activity: 1386
Merit: 1016
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October 12, 2015, 12:32:25 AM |
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ouch that hurts. i already feel the impact of losing 2-5btc. i cant imagine on losing 70btc. it is so insane.
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