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Author Topic: MoneyPot.com :: The bitcoin gambling wallet  (Read 76767 times)
jonte
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October 11, 2015, 01:38:57 AM
 #841

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 Grin. 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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October 11, 2015, 01:43:46 AM
 #842

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
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October 11, 2015, 01:50:10 AM
 #843

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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October 11, 2015, 02:08:14 AM
 #844

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, Smiley.
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October 11, 2015, 02:34:03 AM
 #845

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, Smiley.

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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October 11, 2015, 02:43:13 AM
 #846

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, Smiley.

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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October 11, 2015, 02:45:39 AM
 #847

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)
jonte
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October 11, 2015, 02:46:28 AM
 #848

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, Smiley.

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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October 11, 2015, 03:22:33 AM
 #849

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, Smiley.

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  Grin
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October 11, 2015, 08:28:20 AM
 #850

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, Smiley.

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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October 11, 2015, 09:52:17 AM
 #851

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, Smiley.

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.
jonte
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October 11, 2015, 10:07:49 AM
 #852

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, Smiley.

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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October 11, 2015, 07:04:21 PM
 #853

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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October 11, 2015, 07:14:55 PM
 #854

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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October 11, 2015, 08:29:12 PM
 #855

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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October 11, 2015, 11:59:02 PM
 #856

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?Huh


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Token sale: MAY 21

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Chemistry1988
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October 12, 2015, 12:21:24 AM
 #857

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?Huh

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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October 12, 2015, 12:29:57 AM
 #858

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?Huh

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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October 12, 2015, 12:31:29 AM
 #859

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?Huh

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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October 12, 2015, 12:32:25 AM
 #860

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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