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Author Topic: Do you gamble less when the BTC price is going up so fast?  (Read 906 times)
Frost (OP)
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June 13, 2016, 05:55:09 AM
 #1

Do you still gamble when the BTC price increases fast? Or do you rather hodl in this case?
JasonXG
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June 19, 2016, 04:22:17 PM
 #2

Do you still gamble when the BTC price increases fast? Or do you rather hodl in this case?

Yes because I'm too scared to lose even more then I have already and I dont feel like stacking on those losses. But when you win its such a great feelings I go on a shopping spree.  Tongue
pocarime32
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June 19, 2016, 04:44:41 PM
 #3

Do you still gamble when the BTC price increases fast? Or do you rather hodl in this case?


No, i still gamble with the same amount even the price of bitcoin increase so high right now. My minimum bet always 5 mbtc and i still keep my gambling activity.
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June 19, 2016, 05:04:26 PM
 #4

I think it is good to keep playing, because we can get more when prices are rising high.
I also do it, to continue to collect more, at least sell after halving if I win a lot of gambling results.
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June 19, 2016, 05:21:29 PM
 #5

Do you still gamble when the BTC price increases fast? Or do you rather hodl in this case?
I don't gamble when bitcoin price start rising so fast, i'd rather hold on to my bitcoins and sell and buy back later at lower prices.(i'll have more bitcoins to gamble if i buy back at lower prices lol)
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June 19, 2016, 05:29:41 PM
 #6

I imagine that everybody who has a brain gambles with a lower stake when the price goes up. Some people probably gamble just as frequently only with less money per bet.

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June 19, 2016, 05:32:27 PM
 #7

Yes I gambling low stakes because bitcoin price increasing.Also I try to play high odd for a big win.
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June 19, 2016, 05:45:03 PM
 #8

I gamble less than before since I earn not that much bitcoins at the moment. This is mainly because many services are stopped or pay less as before. Since Adsense started blocking a big part of the Bitcoin websites there Adsense account.
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June 19, 2016, 06:24:22 PM
 #9

For now i don't gamble right now because price of bitcoin still nearly done and i think more price increase will come. i am playing to make profit but i am still experience of loses and never made a profit.. so better to hold my coins right now so that i can make a profit after block halving
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June 19, 2016, 06:25:15 PM
 #10

yes because bitcoin prices is very high now and i have bad results from my sportsbook several times these week
so i would gamble less but i'm still do sport betting but only for the particular matches
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June 19, 2016, 07:56:07 PM
 #11

I prefer holding 80% of my coins and gambling 20% during this phase, at least I am safe having big % under my holdings, so even if I lose in gambling, I may still profit if the price increases by 25%.
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June 19, 2016, 08:08:14 PM
 #12

I like to gamble even when price is going up.I never hold in that case but yeah I try to lower my bet amount in terms of BTC .If I had earned that BTC then i don't care about lowering my bet amount but if i buy then i do consider in buying btc to the amount equal to my normal bet.
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June 19, 2016, 11:18:42 PM
 #13

Do you still gamble when the BTC price increases fast? Or do you rather hodl in this case?

I only risk small amounts (for fun) and 'downsize' when BTC has a huge rally.
Gambling is fun, but needs to be limited, or your life will be a huge mess.

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June 19, 2016, 11:20:00 PM
 #14

It is interesting to gamble while BTC price is increasing, it is like you are parlaying all your bets(or adding another leg to your parlay).  Every win will be bigger and every loss would cost you more
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June 19, 2016, 11:41:03 PM
 #15

Do you still gamble when the BTC price increases fast? Or do you rather hodl in this case?

In case of bitcoin prices rally, like now, i try decreasing the amount of the bets, i don't like to loose higher amounts. I don't see gambling as an investment, i only play for fun.
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June 19, 2016, 11:54:09 PM
 #16

with the rising price of bitcoin, it does not make me reduce the time to play gambling. but I'm probably more passion to get more when prices are high

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June 19, 2016, 11:58:12 PM
 #17

Do you still gamble when the BTC price increases fast? Or do you rather hodl in this case?
yes, i do. im still gambling when btc price rising now, but im lowered the amount im playing, just not want risk big amount for now, and keep hold the rest.
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June 19, 2016, 11:59:46 PM
 #18

Lets check our definition of 'gambling.' I think there are a few of us who withdraw some of our btc from gamblng sites in order to trade btc directly on the exchanges. This trading itself can be characterized as another form of gambling, excepting it takes place on an exchange and not at an online casino.

So yes, I think that during times of increased btc volatility, many players trade their coins directly rather than 'gamble' with games in the casino. When the btc volatility settles down, those same players return to the casino sites.
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June 20, 2016, 12:00:22 AM
 #19

no matter what a gambler always gambled i think it is more attractive to gamble while btc price is to high
winning is so much lovely seeing you win big btc. hehehe good luck bettors the finals is coming almost an
hour more place your bet now guys.

 
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June 20, 2016, 12:40:48 AM
 #20

Yeah but in general people relate how much they want to gamble in relation to fiat. If BTC was half our value, people would take bets twice as large. And vice versa.

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