Bitcoin Gambling Investments

[chris200x9]

Week 7 Bitcoin Casino Investment Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-8-week-7-of-52

It's still a loss for you this week 7 but after the bitcoin gold hard fork for sure you will get another capital from it once you have sold it? Anyway are you going to sell those btc gold immediately or you will also try to hold it for a longer time?

Good question and I will likely wait a bit as if I did that with Bitcoin cash I would've made more.

Future we don't know how it will be because everyone thought that bitcoin cash will go down a lot but it didn't happen. So instead of keeping everything, you can sell some bitcoin gold immediately and some later on because if you withdraw all your bitcoin investments you may get a decent number of bitcoin gold coins.

[YTBitcoin]

Week 7 Bitcoin Casino Investment Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-8-week-7-of-52

It's still a loss for you this week 7 but after the bitcoin gold hard fork for sure you will get another capital from it once you have sold it? Anyway are you going to sell those btc gold immediately or you will also try to hold it for a longer time?

Good question and I will likely wait a bit as if I did that with Bitcoin cash I would've made more.

It would be smart to hold for a little longer because that way more profits will be earned. I also believe that bitcoin gold will be a lot different than bitcoin cash. BCC was not very effective but personally I don't support the idea of giving up bitcoin. Still, if the plan is to take them back then selling out BTC is the right thing to do but I hope you are not going to buy Bitcoin Gold this way. Also, do not have very much high hopes.

[cotton ball]

In my opinion, bitcoin gambling is not a type of investments because it is created to gambled your money. We are not sure this will help us to make profits because in the first place gambling is just a hobbies or addiction to someone that is really fond in playing. This would be great if you lots of money to be waste for so basically this applies only to rich people or by someone who got some luck in their hands.

I consider gambling is a projected short-term income, a profit I get for trading investments or other projects, I agree with you because increasing the capital of deposits on gambling accounts will only cause losses because the 70% factor in gambling is luck.

[Mike Mayor]

Fishy though, if someone is winning consistently in a site, then there should be an investigation on how that guy  is winning so much. There might be a problem with one of the games and that guy was able to exploit the bug. However, if it is all legit, we can't do anything about it. I would say that usually there is that guy that wins a lot but he gets greedy and he losses everything in the end.

I don't think the problem is someone winning too much at the site. This was done through an ICO and the investment is in BitDice tokens listed on the HitBTC Exchange. It's probably related more to the timing of buying them and bounty hunters selling the price down.

It doesn't matter if we are winning because there is a bug or there is none, if there is a bug existed then it is not our fault, it is theirs, besides we couldn't know that there is a bug just because we are winning in gambling, it is not enough sign for someone to know such situation, also the gambling site will find it out in no time because they could see it on their history, for example if someone is winning a lots of money in their site in a row without any single lose.

I don't think it is a problem if someone wins a lot and it is like you said when you win a lot like that it is best to stop or at least take half then continue with the other half. If it happens again you just lucky. If you continue you will lose. Some people are clever enough to know when they have won enough for their needs and they stop. Others can't stop and carry on untill they lose. Investigating when players win seems very underhanded.

[LuanX3]

Fishy though, if someone is winning consistently in a site, then there should be an investigation on how that guy  is winning so much. There might be a problem with one of the games and that guy was able to exploit the bug. However, if it is all legit, we can't do anything about it. I would say that usually there is that guy that wins a lot but he gets greedy and he losses everything in the end.

I don't think the problem is someone winning too much at the site. This was done through an ICO and the investment is in BitDice tokens listed on the HitBTC Exchange. It's probably related more to the timing of buying them and bounty hunters selling the price down.

It doesn't matter if we are winning because there is a bug or there is none, if there is a bug existed then it is not our fault, it is theirs, besides we couldn't know that there is a bug just because we are winning in gambling, it is not enough sign for someone to know such situation, also the gambling site will find it out in no time because they could see it on their history, for example if someone is winning a lots of money in their site in a row without any single lose.

I don't think it is a problem if someone wins a lot and it is like you said when you win a lot like that it is best to stop or at least take half then continue with the other half. If it happens again you just lucky. If you continue you will lose. Some people are clever enough to know when they have won enough for their needs and they stop. Others can't stop and carry on untill they lose. Investigating when players win seems very underhanded.

Well this has been the usual mistake of gamblers, when gamblers win a few rounds and profited something small, they already think they are invincible and they continue to try their luck and in the end they lose it all without them even realizing it. I guess the best decision really is to withdraw the money once you made a few profit or your target profit, rather than just betting more and more and just losing the money.

[taktik]

Fishy though, if someone is winning consistently in a site, then there should be an investigation on how that guy  is winning so much. There might be a problem with one of the games and that guy was able to exploit the bug. However, if it is all legit, we can't do anything about it. I would say that usually there is that guy that wins a lot but he gets greedy and he losses everything in the end.

I don't think the problem is someone winning too much at the site. This was done through an ICO and the investment is in BitDice tokens listed on the HitBTC Exchange. It's probably related more to the timing of buying them and bounty hunters selling the price down.

It doesn't matter if we are winning because there is a bug or there is none, if there is a bug existed then it is not our fault, it is theirs, besides we couldn't know that there is a bug just because we are winning in gambling, it is not enough sign for someone to know such situation, also the gambling site will find it out in no time because they could see it on their history, for example if someone is winning a lots of money in their site in a row without any single lose.

I don't think it is a problem if someone wins a lot and it is like you said when you win a lot like that it is best to stop or at least take half then continue with the other half. If it happens again you just lucky. If you continue you will lose. Some people are clever enough to know when they have won enough for their needs and they stop. Others can't stop and carry on untill they lose. Investigating when players win seems very underhanded.

Well this has been the usual mistake of gamblers, when gamblers win a few rounds and profited something small, they already think they are invincible and they continue to try their luck and in the end they lose it all without them even realizing it. I guess the best decision really is to withdraw the money once you made a few profit or your target profit, rather than just betting more and more and just losing the money.

I think that there is nothing to rant about, because uniquely gambling leads to the loss of their money. Even the person who Won, he made a lot less than lost before that.

[StarofBTC]

In my opinion, bitcoin gambling is not a type of investments because it is created to gambled your money. We are not sure this will help us to make profits because in the first place gambling is just a hobbies or addiction to someone that is really fond in playing. This would be great if you lots of money to be waste for so basically this applies only to rich people or by someone who got some luck in their hands.

I consider gambling is a projected short-term income, a profit I get for trading investments or other projects, I agree with you because increasing the capital of deposits on gambling accounts will only cause losses because the 70% factor in gambling is luck.

I don’t agree with your ratio. I must say there is nothing like a source of income in gambling but I am totally astonished why people are getting into it so keenly to make long term profits. And there is not 70% luck, no, I must say it is all about luck, even more than hundred percent. Your skill doesn’t work here, your companion don’t matter, and your investment risk don’t even matter.

[LuanX3]

In my opinion, bitcoin gambling is not a type of investments because it is created to gambled your money. We are not sure this will help us to make profits because in the first place gambling is just a hobbies or addiction to someone that is really fond in playing. This would be great if you lots of money to be waste for so basically this applies only to rich people or by someone who got some luck in their hands.

I consider gambling is a projected short-term income, a profit I get for trading investments or other projects, I agree with you because increasing the capital of deposits on gambling accounts will only cause losses because the 70% factor in gambling is luck.

I don’t agree with your ratio. I must say there is nothing like a source of income in gambling but I am totally astonished why people are getting into it so keenly to make long term profits. And there is not 70% luck, no, I must say it is all about luck, even more than hundred percent. Your skill doesn’t work here, your companion don’t matter, and your investment risk don’t even matter.

I agree with your statement here. In gambling, it is indeed all about luck. Though since it is just a concept we made up to explain someone hitting the right numbers statistically. The fact is, the system of any gambling game cannot be influenced just by pure skill. Some games like poker and sports betting would involve some level of skill but it will always still come back to getting lucky on your bet.

[gilangIDR]

In my opinion, bitcoin gambling is not a type of investments because it is created to gambled your money. We are not sure this will help us to make profits because in the first place gambling is just a hobbies or addiction to someone that is really fond in playing. This would be great if you lots of money to be waste for so basically this applies only to rich people or by someone who got some luck in their hands.

I also refer to gambling as a pleasure and a hobby. If you call gambling as an investment then it is too risky, but if you invest in a casino then it could be profitable. You have to find a casino that has a good reputation level because at this time a lot of gambling sites are problematic. You should be able to choose exactly because if not then you will be able to lose. You have to be really careful if you want to get what you want because all your investments and money are at stake here.

[Burks]

In my opinion, bitcoin gambling is not a type of investments because it is created to gambled your money. We are not sure this will help us to make profits because in the first place gambling is just a hobbies or addiction to someone that is really fond in playing. This would be great if you lots of money to be waste for so basically this applies only to rich people or by someone who got some luck in their hands.

I also refer to gambling as a pleasure and a hobby. If you call gambling as an investment then it is too risky, but if you invest in a casino then it could be profitable. You have to find a casino that has a good reputation level because at this time a lot of gambling sites are problematic. You should be able to choose exactly because if not then you will be able to lose. You have to be really careful if you want to get what you want because all your investments and money are at stake here.

Like you said gambling is not an investment it is a hobby of pleasure and rich peoples do gambling for fun.You said that investment so it means you want to make profit but gambling is not right place for you because the losing percentage is very high you may lose all your money in no time.So choose the right path to get succeed and make good profit.

[coingamblingreviews]

Week 8 Bitcoin Casino Investment Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-9-week-8-of-52

[PokerFace3]

In my opinion, bitcoin gambling is not a type of investments because it is created to gambled your money. We are not sure this will help us to make profits because in the first place gambling is just a hobbies or addiction to someone that is really fond in playing. This would be great if you lots of money to be waste for so basically this applies only to rich people or by someone who got some luck in their hands.

I consider gambling is a projected short-term income, a profit I get for trading investments or other projects, I agree with you because increasing the capital of deposits on gambling accounts will only cause losses because the 70% factor in gambling is luck.

I don’t agree with your ratio. I must say there is nothing like a source of income in gambling but I am totally astonished why people are getting into it so keenly to make long term profits. And there is not 70% luck, no, I must say it is all about luck, even more than hundred percent. Your skill doesn’t work here, your companion don’t matter, and your investment risk don’t even matter.

I agree with your statement here. In gambling, it is indeed all about luck. Though since it is just a concept we made up to explain someone hitting the right numbers statistically. The fact is, the system of any gambling game cannot be influenced just by pure skill. Some games like poker and sports betting would involve some level of skill but it will always still come back to getting lucky on your bet.

It is of course not something we can influence. We have heard of so many people claiming strategies of some sort and some claiming they can always win no matter what. Where are they now ? No matter what you come up with, you will end up realizing eventually and then discover that you will still be at the losing end when the house edge bounces on you and even luck will not be available save you.

[Cosbycoin]

In my opinion, bitcoin gambling is not a type of investments because it is created to gambled your money. We are not sure this will help us to make profits because in the first place gambling is just a hobbies or addiction to someone that is really fond in playing. This would be great if you lots of money to be waste for so basically this applies only to rich people or by someone who got some luck in their hands.

I also refer to gambling as a pleasure and a hobby. If you call gambling as an investment then it is too risky, but if you invest in a casino then it could be profitable. You have to find a casino that has a good reputation level because at this time a lot of gambling sites are problematic. You should be able to choose exactly because if not then you will be able to lose. You have to be really careful if you want to get what you want because all your investments and money are at stake here.

Like you said gambling is not an investment it is a hobby of pleasure and rich peoples do gambling for fun.You said that investment so it means you want to make profit but gambling is not right place for you because the losing percentage is very high you may lose all your money in no time.So choose the right path to get succeed and make good profit.

That is actually a fatal dilemma that have taken all these gamblers into such a deep shrink where they become addicts of it. Why someone think that this gambling is nothing but a source of fun and hobby ?

What is this hobby that makes you a loser? You went into casino for fun purpose and when you come back, you have loss your half money in pocket. That is just rubbish to say it.

[FasTroy]

In my opinion, bitcoin gambling is not a type of investments because it is created to gambled your money. We are not sure this will help us to make profits because in the first place gambling is just a hobbies or addiction to someone that is really fond in playing. This would be great if you lots of money to be waste for so basically this applies only to rich people or by someone who got some luck in their hands.

You are absolutely right, Gambling is not a kind of investment, We can't say that, because it's a risky domain, and no one can manipulate it and make it a domain of profit. So, my point of view about gambing, It's just an entertainement for many people, personally, I love gambling, because a feel so good when i play it, even i lose or i win, but to be realistic, it's not a domain for investement.

[chris200x9]

Week 8 Bitcoin Casino Investment Report:

https://steemit.com/bitcoin/@btcmillionaire/bitcoin-casino-investments-9-week-8-of-52

From bitdice you had around 28% loss last week but this week it says 12% profit means you gained around 40% profit within a week?

If that is correct then people have made very good profit people who have invested in the last couple of weeks in that site bankroll. You also recovered all your losses and made 12% profit within a week. It is good recovery...

[megynacuna]

In my opinion, bitcoin gambling is not a type of investments because it is created to gambled your money. We are not sure this will help us to make profits because in the first place gambling is just a hobbies or addiction to someone that is really fond in playing. This would be great if you lots of money to be waste for so basically this applies only to rich people or by someone who got some luck in their hands.

You are absolutely right, Gambling is not a kind of investment, We can't say that, because it's a risky domain, and no one can manipulate it and make it a domain of profit. So, my point of view about gambing, It's just an entertainement for many people, personally, I love gambling, because a feel so good when i play it, even i lose or i win, but to be realistic, it's not a domain for investement.

Well you can have a plan for your gambling especially in sports betting and have an all season set of bets with which you can turn in profits season after season. I'm succeeding with soccer because most of these top European teams win  more than 90% of their games before they annex their respective league trophies and so you can bet on them at a fixed rate all season and it always ends in profit for me. Try all the top 4 teams in the top 4 European leagues.

[btcprospecter]

You can't think gambling is an investment the risk is alot higher than normal investment. If it does pay off it is merely luck.

[MinerHQ]

You can't think gambling is an investment the risk is alot higher than normal investment. If it does pay off it is merely luck.

It looks like you understood this thread wrongly because here people are discussing on investing in a casino bankrolls not directly gambling.

I do agree that gambling is never considered as an investment instead it is spending for your enjoyment. But if you invest in any of these good bankrolls then it is called high-risk investments, not gambling.

[szpalata]

You can't think gambling is an investment the risk is alot higher than normal investment. If it does pay off it is merely luck.

It looks like you understood this thread wrongly because here people are discussing on investing in a casino bankrolls not directly gambling.

I do agree that gambling is never considered as an investment instead it is spending for your enjoyment. But if you invest in any of these good bankrolls then it is called high-risk investments, not gambling.

Well i don't believe in spending  for your so-called enjoyment? how can you enjoy while someone takes your money and spend and pays his staff? This a clear cut example of finding reason to explain your losses .

[Pettuh4]

You can't think gambling is an investment the risk is alot higher than normal investment. If it does pay off it is merely luck.

You are totally wrong, sports betting is quite different and if you do your home work well you can make accurate predictions and still win good without any luck. There are a lot of good teams and individual players out there who hardly loose games and  so if you are fond of placing bets involving such entities your wins will always outweigh your losses.