klf
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Activity: 1344
Merit: 1000
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December 24, 2016, 11:14:24 PM |
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Good profit, I was testing an investment with 0.01 BTC and made 55.000 satoshis profit after about 1 month. It's a good progress and a good profit interest if we look another offers like lending on exchange paying much less.
Now I'm trying with a bit more money to see what happens, started yesterday, now the balance is negative, but normal on short term, let's see how it will be in medium-long term. Currently this is the best kind of investment in my opinion for Crypto-Currencies.
But you should always remember one thing that all past profits are only for your reference, and in future, you may get even better gains or losses as well. So don't ever invest in these high-risk investments which you can't afford to lose. And also try to diversify your money like OP did in this thread to reduce your losses. Diversifying your investment in one industry which in the case on the OP in gambling is good but it will be more better if you will not only invest in gambling industry, mixing it with a little of trading and having a real business will minimize the risk. I understand the topic here is online gambling investment, and OP did a good job to do an experiment and share it with. After seeing the journey, it seems like it's moving downward as it started with many gambling sites and now it's down to a little only which means the risks has also increased. What you said on diversifying your money in few different assets is always good, but in this thread, we are discussing only on gambling investments, so I suggested only to this industry. Yes, now only three sites left in his investments and now risks has increased. Soon need to find another couple of sites to include to reduce the risks in the longer run. There will be no stopping for an investor to continue his journey, we need an update from the OP of the experiment he is making. I suggest that if possible, he can try to consider a new gambling sites which they think has a good potential to operate longer and profitable. Kingdice is new and it's included in the list, but i guess there are others that are worth a try. OP already take in suggestions by the others and that is how he got into kingdice. However, i would also like to highlight that although it is good to have a diversify in order to ensure a higher chance of profit, by spreading out too much and giving too little time to sit in any casino, this can be quite a bad move. In every investment, we should fix a target for profit and loss. If you reach the loss target then you should consider coming out of that investment and time doesn't matter to it to reduce your further losses. But if you reach profit target than either you can withdraw everything or at least book some profit and can continue with rest of the money. |
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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shulio
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Activity: 1540
Merit: 1016
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December 24, 2016, 11:55:28 PM |
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In every investment, we should fix a target for profit and loss. If you reach the loss target then you should consider coming out of that investment and time doesn't matter to it to reduce your further losses. But if you reach profit target than either you can withdraw everything or at least book some profit and can continue with rest of the money.
Whats the point of investment then if you cant stand the heat of it?? Every investment comes with a risk and if you want to set such thing then just go straight with trading instead of investing as that thing doesnt really suit with investing. It meant to actually goes to the higher limit everytime so it is not really necessary |
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tee-rex
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December 25, 2016, 12:12:31 PM |
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In every investment, we should fix a target for profit and loss. If you reach the loss target then you should consider coming out of that investment and time doesn't matter to it to reduce your further losses. But if you reach profit target than either you can withdraw everything or at least book some profit and can continue with rest of the money.
I don't think it is possible or makes sense with gambling investments. Unlike trading, where you may lose or profit gradually, gambling investments are more like all-or-nothing kind of investment, though not strictly so. When a big whale loses or wins, you may see your investment get a handsome boost or suffer a dramatic slice. But does it mean that you should immediately withdraw your investment if your limits are reached or surpassed just because of a one-off event? |
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erwin45hacked
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Activity: 1064
Merit: 1000
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December 25, 2016, 03:39:11 PM |
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I don't think it is possible or makes sense with gambling investments. Unlike trading, where you may lose or profit gradually, gambling investments are more like all-or-nothing kind of investment, though not strictly so. When a big whale loses or wins, you may see your investment get a handsome boost or suffer a dramatic slice. But does it mean that you should immediately withdraw your investment if your limits are reached or surpassed just because of a one-off event?
You do know that in the long run you will keep on getting profit , lets say that your investments turns out to be getting you 15 % of your stake . In the long term, variances might strike you and you might lose some of your invesment ended up getting 1 % in the long run assuming that is 1 % house edge with no operator's fee or profit share whatsoever |
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tee-rex
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December 25, 2016, 06:14:40 PM |
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I don't think it is possible or makes sense with gambling investments. Unlike trading, where you may lose or profit gradually, gambling investments are more like all-or-nothing kind of investment, though not strictly so. When a big whale loses or wins, you may see your investment get a handsome boost or suffer a dramatic slice. But does it mean that you should immediately withdraw your investment if your limits are reached or surpassed just because of a one-off event?
You do know that in the long run you will keep on getting profit , lets say that your investments turns out to be getting you 15 % of your stake . In the long term, variances might strike you and you might lose some of your invesment ended up getting 1 % in the long run assuming that is 1 % house edge with no operator's fee or profit share whatsoever It is so only in theory. In practice, though, we see that some Bitcoin casinos such as BetKing, Crypto-games or SafeDice are regularly and reliably making handsome profits month after month, while other casinos, for example, Bitvest or MoneyPot are nowhere close enough even to barely making profits at all. Therefore, it can be said with certainty that just having 1% house edge is not sufficient, and you need to properly manage your bankroll as well. |
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crairezx20
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Activity: 1638
Merit: 1046
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December 25, 2016, 06:26:32 PM |
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In every investment, we should fix a target for profit and loss. If you reach the loss target then you should consider coming out of that investment and time doesn't matter to it to reduce your further losses. But if you reach profit target than either you can withdraw everything or at least book some profit and can continue with rest of the money.
Whats the point of investment then if you cant stand the heat of it?? Every investment comes with a risk and if you want to set such thing then just go straight with trading instead of investing as that thing doesnt really suit with investing. It meant to actually goes to the higher limit everytime so it is not really necessary I think in bitcoin there is high risk but i think we can try gold that i think it is more safe than bitcoin to hold for a long time and the price of gold is yearly increase stable.. unlike bitcoin that the movement of the price is not stable.. Or you can also invest in banks that actually we can say it is more safe than the other investment.. |
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markyminer
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December 25, 2016, 09:50:55 PM |
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In every investment, we should fix a target for profit and loss. If you reach the loss target then you should consider coming out of that investment and time doesn't matter to it to reduce your further losses. But if you reach profit target than either you can withdraw everything or at least book some profit and can continue with rest of the money.
Whats the point of investment then if you cant stand the heat of it?? Every investment comes with a risk and if you want to set such thing then just go straight with trading instead of investing as that thing doesnt really suit with investing. It meant to actually goes to the higher limit everytime so it is not really necessary I think in bitcoin there is high risk but i think we can try gold that i think it is more safe than bitcoin to hold for a long time and the price of gold is yearly increase stable.. unlike bitcoin that the movement of the price is not stable.. Or you can also invest in banks that actually we can say it is more safe than the other investment.. but i think it depend on then interest of the people there are so many people who are too good in gambling and they give preference to gambling to any other investment, they are also making good money from gambling. |
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coingamblingreviews (OP)
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Activity: 1043
Merit: 1032
★Bitcoin Gambling Reviews★
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December 26, 2016, 02:33:56 PM
Last edit: January 01, 2017, 07:14:36 PM by coingamblingreviews |
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A little bit late this week but it is the festive season  We have now made over 1 Bitcoin in profit in less than 5 months from our Bitcoin Gambling Investment.   |
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pawel7777
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Activity: 2436
Merit: 1561
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December 26, 2016, 03:19:20 PM |
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A little bit late this week but it is the festive season We have now made over 1 Bitcoin in profit in less than 5 months from our Bitcoin Gambling Investment. Or our $3,000 US investment is now worth $5,528! Well done. That's a very nice result. But it will be hard to achieve similar return in the forthcoming months. Your profits were mostly generated by Safe Dice, which noted significant spike in the amount wagered and profit, while total invested funds were pretty low. Right now, SD's bankroll went up quite noticeably (to over 290 btc) and I suspect it will go further up (diluting your share), thanks to BetKing taking down the option to invest. But the spike in wagered was due to only one big player (Juicey) and you can't expect him to bet big and lose big forever. Anyhow, best of luck. |
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retrocoingames
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December 26, 2016, 03:27:55 PM |
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A little bit late this week but it is the festive season We have now made over 1 Bitcoin in profit in less than 5 months from our Bitcoin Gambling Investment. Or our $3,000 US investment is now worth $5,528! Well done. That's a very nice result. But it will be hard to achieve similar return in the forthcoming months. Your profits were mostly generated by Safe Dice, which noted significant spike in the amount wagered and profit, while total invested funds were pretty low. Right now, SD's bankroll went up quite noticeably (to over 290 btc) and I suspect it will go further up (diluting your share), thanks to BetKing taking down the option to invest. But the spike in wagered was due to only one big player (Juicey) and you can't expect him to bet big and lose big forever. Anyhow, best of luck. Yeah a big spike in SD - I wonder if it is all the divested money from Betking... |
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Nivir
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December 26, 2016, 06:20:34 PM |
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Great week by Safedice and Kingdice. Safedice is so unpredictable like the stock market.  Congrats on the 1 btc earned. At last you made it after several setbacks. Cheers and happy new year.  |
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crairezx20
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Activity: 1638
Merit: 1046
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December 26, 2016, 06:39:55 PM |
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A little bit late this week but it is the festive season We have now made over 1 Bitcoin in profit in less than 5 months from our Bitcoin Gambling Investment. Or our $3,000 US investment is now worth $5,528! Its amazing never tried to invest in those site honestly but looks like you have reviewing those investsite like in that chart.. and looks like betking is the best site that actually you can get more profit than the other gambling site.. And i think you already get a good profit for now since bitcoin also is increased.. |
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lite
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Activity: 1400
Merit: 1009
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December 26, 2016, 08:32:50 PM |
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Nice! safedice is performing really good. usd wise profit is almost double(sooner or later it will be) lol. have you considered investing in bitdice? |
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Blitzboy
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December 27, 2016, 08:24:32 AM |
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Nice! safedice is performing really good. usd wise profit is almost double(sooner or later it will be) lol. have you considered investing in bitdice? What a wise decision. If I knew that they would be very profitable, I would join them from the beginning. Near 100% interest after 5 months. This is really really awesome |
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chris200x9
Legendary
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Activity: 1316
Merit: 1011
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December 27, 2016, 09:47:46 AM |
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Nice! safedice is performing really good. usd wise profit is almost double(sooner or later it will be) lol. have you considered investing in bitdice? What a wise decision. If I knew that they would be very profitable, I would join them from the beginning. Near 100% interest after 5 months. This is really really awesome Congrats mate, you made it. Your investment method will imprese more people to think about investing on casino sites. Safe dice is really making a nice profit in recent days. If I have enough money then I am sure I will follow your steps, and I will make the investment. all the best for 2017. |
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stadus
Legendary
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Activity: 3094
Merit: 1292
Hhampuz for Campaign management
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December 27, 2016, 10:53:54 AM |
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Nice! safedice is performing really good. usd wise profit is almost double(sooner or later it will be) lol. have you considered investing in bitdice? What a wise decision. If I knew that they would be very profitable, I would join them from the beginning. Near 100% interest after 5 months. This is really really awesome Congrats mate, you made it. Your investment method will imprese more people to think about investing on casino sites. Safe dice is really making a nice profit in recent days. If I have enough money then I am sure I will follow your steps, and I will make the investment. all the best for 2017. Good journey my friend, that is like almost 100% profit for a short period of time, you surely have a very good Christmas and a New Year. I believe you will increase your investment for the year to come since you have already proven how profitable investing in an bitcoin online casino. |
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boyptc
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December 27, 2016, 11:52:07 AM |
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Nice! safedice is performing really good. usd wise profit is almost double(sooner or later it will be) lol. have you considered investing in bitdice? What a wise decision. If I knew that they would be very profitable, I would join them from the beginning. Near 100% interest after 5 months. This is really really awesome Congrats mate, you made it. Your investment method will imprese more people to think about investing on casino sites. Safe dice is really making a nice profit in recent days. If I have enough money then I am sure I will follow your steps, and I will make the investment. all the best for 2017. Good journey my friend, that is like almost 100% profit for a short period of time, you surely have a very good Christmas and a New Year. I believe you will increase your investment for the year to come since you have already proven how profitable investing in an bitcoin online casino. Surely a very good Christmas and happy happy new year that you will encounter with that investment from those two sites. It's amazing to see that King dice even though it is still on its early days but it seems that it is now making its name roar in the whole bitcoin gambling industry. Keep it up mate and I hope you will make more from it. |
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Karartma1
Legendary
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Activity: 2310
Merit: 1422
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December 27, 2016, 02:07:17 PM |
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A little bit late this week but it is the festive season We have now made over 1 Bitcoin in profit in less than 5 months from our Bitcoin Gambling Investment. Or our $3,000 US investment is now worth $5,528! That's a very good profit there. Something you could never make with "normal" investments. The risk you take makes the profit you earn since you realy on third-party platforms. But considering your result this is a big well done! |
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lorylore
Legendary
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Activity: 1470
Merit: 1002
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December 27, 2016, 04:09:17 PM |
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A little bit late this week but it is the festive season We have now made over 1 Bitcoin in profit in less than 5 months from our Bitcoin Gambling Investment. Or our $3,000 US investment is now worth $5,528! Its amazing never tried to invest in those site honestly but looks like you have reviewing those investsite like in that chart.. and looks like betking is the best site that actually you can get more profit than the other gambling site.. And i think you already get a good profit for now since bitcoin also is increased.. Half a year only and you almost made like 100% profit on fiat rate. Even in terms of btc, you already have like 20% profit. But now with only 3 investments, i really hope to see more variety of btc casino invested. |
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