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Author Topic: losing 50 bitcoins gambling  (Read 7882 times)
Caladonian
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October 15, 2017, 05:23:59 AM
 #221

Since that this thread still continue I was wondering how hard this things for that person now, as he seen the value of btc after a year losing that from gambling but thinking more about how big the value turned after that's really a big stress that will hunting your mind if you will put yourself in his shoes.
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October 15, 2017, 07:55:01 AM
 #222

First of all, only richest man could use 50 bitcoins in gambling, and then if anyone losing 50 bitcoins in gambling. It is a huge destroy of lose. Personally, i am not one of them who will play gambling with a big money like 50 bitcoins, and secondly if imaginary i will play gambling and i have lost then may be i will die on the spot.   

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October 15, 2017, 08:19:12 AM
 #223

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.


Well angry, frustrated and regretful of course. However, at the end of the day, it’s all about choices. I stood by there and watched my 50 bitcoins fly away, so I have myself to blame for it.
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October 15, 2017, 09:05:36 AM
 #224

I will never allow myself to lose such a huge sum. Usually I can lose about 1 bitcoin per month since these are very valuable coins and I can not lose them so easily.

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October 15, 2017, 09:50:35 AM
 #225

First of all, only richest man could use 50 bitcoins in gambling, and then if anyone losing 50 bitcoins in gambling. It is a huge destroy of lose. Personally, i am not one of them who will play gambling with a big money like 50 bitcoins, and secondly if imaginary i will play gambling and i have lost then may be i will die on the spot.   

50 bitcoins in slip is a huge bet indeed, that slip was on Warriors though which is really favourited to win. Really bad luck to him, that must be feels really sucks to him. We don't know him though, maybe 50btc is cheap for him.
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October 15, 2017, 10:15:31 AM
Last edit: October 17, 2017, 01:52:32 AM by TrueCryptonaire
 #226

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.
At most I have lost 0.5btc in a single bet and after that I have limited the money with which I gamble. And when I lost 0.5btc I was a beginner, but that gave me lesson for a lifetime that I should always first understand the thing that I am going in otherwise it can cause trouble for me. There have also been many instances in which I have lost about 0.1 btc a number of times in cricket and football bets, so I left sports betting for some time and now I just stick to online casinos.
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October 15, 2017, 10:27:22 AM
 #227

put much money on a single bet is not possible done by me, too risky. because when I pick a favorite team sometimes doesn't guarantee to win.
But if I lost that much, maybe I am a little crazy because the price of bitcoin is currently very high.
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October 15, 2017, 11:13:53 AM
 #228

That was too much money too lose in gambling, i do not think that if i have that much amount of bitcoin and lose in bitcoin because now even i have small amount of capital i can generate income if i have that huge income i think i can make much higher profit and i quit my regular job and focus in gambling using my strategy.
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October 15, 2017, 11:58:29 AM
 #229

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.
For me, 50 BTC is not worth trying on sports betting, unless u have some special knowledge about that bet event. I'd better try it martingale on some dice or similar random number based site.
It is so easy to become over confident with certain player or team and that often propense people to go off the hook and head for a kill, but like in many of life's events, anything is possible, because time and chance are the ultimate deciders. I learnt a good lesson sometime ago, when I emptied my entire balance on Serena Williams to win, but guess what! That turned out her loss in a long while and it did hurt, but I learnt the lesson. It's really not worth going all in on an bet, there should always be room for another chance, because it's all about chance.

50 BTC on one bet is madness even if one can afford it, I would rather have a custom bot, with stop-loss, run low bets martingale on dice for years.
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October 15, 2017, 12:01:45 PM
 #230

put much money on a single bet is not possible done by me, too risky. because when I pick a favorite team sometimes doesn't guarantee to win.
But if I lost that much, maybe I am a little crazy because the price of bitcoin is currently very high.
This is not good idea for any one I sure this person could be over confidence about this and put this huge amount on this one single bet now hope he could in good shape as its not easy to recover from these loses very big amount for me as well I never try with this amount on one single bet
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October 17, 2017, 05:12:29 AM
 #231

put much money on a single bet is not possible done by me, too risky. because when I pick a favorite team sometimes doesn't guarantee to win.
But if I lost that much, maybe I am a little crazy because the price of bitcoin is currently very high.
This is not good idea for any one I sure this person could be over confidence about this and put this huge amount on this one single bet now hope he could in good shape as its not easy to recover from these loses very big amount for me as well I never try with this amount on one single bet

Well i wouldn't say its not easy to recover but it would be almost impossible for a regular person to recover 50 bitcoins or it would take a long time, with much regret, before they can bounce back. So don't be foolish to gamble with that much money

 
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October 17, 2017, 07:15:09 AM
 #232

It feels bad losing that huge amount of btc but the worst part is if you would think about it, its price is much expensive compared to its price when you lost it. If I am in your position, I will feel so stressed and angry to myself because everytime I will hear btc reached another ATH then it will always be a reminder to myself on  how stupid I am that I lost more than millions of dollars.
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October 17, 2017, 12:01:05 PM
 #233

That's a huge amount, even it seems like I'll never can betting up to that much amount in gambling, if it does. It's a  fatal mistake and there's will be got a big frustration's feel. Well, if it's I'm experiencing it, surely the first intention was to have a mature intention to stop doing gambling and never to touching it again, and I would keep trying to calm down as much as possible.. though it would have been difficult but nothing is impossible if we have intentions and keep trying moving to be better than ever.
This person must be by this time in hospital or taking sessions with psychologist on daily basis. There are numerous people who have not seen such a big amount even in dreams and this person lost it in gambling. This is the reason why I hate gambling.

This game is totally luck based. You cannot use your knowledge and experience effectively to make money. May God help him to get out of this mental trauma?
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October 17, 2017, 12:09:28 PM
 #234

If I'm not mistaken 1 bitcoin way back 2016 is $800 (correct me if I'm wrong at this). And by computing 50 bitcoins x $800 = $40,000 dang that's a lot of money thinking about the price was at that rate. It's even more hurtful if you'll trying to compare the price right now 50 bitcoins x $5,500 = $275,000 look at the difference that's totally a lot of money. I'll never do such a mistake just like this, felt sorry for niagwai.

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October 17, 2017, 12:20:37 PM
 #235

Yes it's really bad sad and mad to lose 50 bitcoins gambling. A few hours ago a friend told me he had 58 bitcoins worth 300 $ in total a couple of years ago. The then thought he made a good deal by selling them. That isn't even better than losing it in gambling  Grin

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October 17, 2017, 01:08:33 PM
 #236

If I'm not mistaken 1 bitcoin way back 2016 is $800 (correct me if I'm wrong at this). And by computing 50 bitcoins x $800 = $40,000 dang that's a lot of money thinking about the price was at that rate. It's even more hurtful if you'll trying to compare the price right now 50 bitcoins x $5,500 = $275,000 look at the difference that's totally a lot of money. I'll never do such a mistake just like this, felt sorry for niagwai.
If we only know what will happen in the future then we will not gamble that money will just hold it, the thing is at the time we gamble we only think of it's value in fiat that's why we allow it to be spent, but who would think of losing, it's just happen that we are unlucky at that time.
It's not actually on my range, I never spend that big number of bitcoin for gambling, I would even cry hard if I lose 1 btc in gambling.

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EdenHazard
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October 17, 2017, 01:31:27 PM
 #237

That's a huge amount, even it seems like I'll never can betting up to that much amount in gambling, if it does. It's a  fatal mistake and there's will be got a big frustration's feel. Well, if it's I'm experiencing it, surely the first intention was to have a mature intention to stop doing gambling and never to touching it again, and I would keep trying to calm down as much as possible.. though it would have been difficult but nothing is impossible if we have intentions and keep trying moving to be better than ever.
This person must be by this time in hospital or taking sessions with psychologist on daily basis. There are numerous people who have not seen such a big amount even in dreams and this person lost it in gambling. This is the reason why I hate gambling.

This game is totally luck based. You cannot use your knowledge and experience effectively to make money. May God help him to get out of this mental trauma?
normally it should be a big punch for anybody to suffering that huge loss .

but there's some people who take it easy even they think the amount that they have lost are so crazy high could make them stressed and get a mental illness. just in very few case. still 50 bitcoin are worth around 250k usd today. and everybody should get shocked by today.

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October 17, 2017, 01:32:50 PM
 #238

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

If this is some sneaky ass plug... then... you should be ashamed - otherwise, dont hold the emotion in... let it out (but not on anyone else) much better than keeping it bottled up.

For what shall it profit a man, if he shall gain the world, and lose his own soul?
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October 17, 2017, 01:41:34 PM
 #239

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.
In my opinion, you shouldn’t get angry if you lost in a gamble. I mean, losing is part of gambling. And the weight of losing in a gamble is greater than that of winning. You took the risk in the first place. So if you lose, you just simply have to accept it and move on.

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October 17, 2017, 04:37:22 PM
 #240

put much money on a single bet is not possible done by me, too risky. because when I pick a favorite team sometimes doesn't guarantee to win.
But if I lost that much, maybe I am a little crazy because the price of bitcoin is currently very high.
This is not good idea for any one I sure this person could be over confidence about this and put this huge amount on this one single bet now hope he could in good shape as its not easy to recover from these loses very big amount for me as well I never try with this amount on one single bet

Well i wouldn't say its not easy to recover but it would be almost impossible for a regular person to recover 50 bitcoins or it would take a long time, with much regret, before they can bounce back. So don't be foolish to gamble with that much money
Why throw good money over bad money? In trying to recover the 50 BTC, one shall be needs to play with about same amount again and once  again placing very risky bets.  Ideal thing to do her is to let go, take a break, tomorrow is another chance.
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