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Author Topic: Should I invest in bitcoin casinos?  (Read 30291 times)
lite
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January 07, 2017, 06:53:52 PM
 #1081

No if you currently see btc is giving around 20-50% return yearly while most of the legit casinos provide a return of 1-5% return per year so i guess it is basically a huge loss for you as you can simply keep btc in ur accounts and make money easily rater than investing in some kind of risk business and still getting really low returns
Isn't holding your bitcoins risky? i agree bitcoin is giving good returns, but for how long it will continue to do so? instead of keeping all my coins idle i'd rather invest some of it in a casino.  Smiley
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January 08, 2017, 02:33:02 AM
 #1082


Isn't holding your bitcoins risky? i agree bitcoin is giving good returns, but for how long it will continue to do so? instead of keeping all my coins idle i'd rather invest some of it in a casino.  Smiley

Some people prefer to keep it idle and I dont see any reason on why not to keep it safe considering that the price is currently nearing the ATH. When there is a dump then it is best to invest in rather than panic selling it to the market. Investing might give a good return which help to overcome loss from the dropping price
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January 08, 2017, 02:56:56 AM
 #1083


Isn't holding your bitcoins risky? i agree bitcoin is giving good returns, but for how long it will continue to do so? instead of keeping all my coins idle i'd rather invest some of it in a casino.  Smiley

Some people prefer to keep it idle and I dont see any reason on why not to keep it safe considering that the price is currently nearing the ATH. When there is a dump then it is best to invest in rather than panic selling it to the market. Investing might give a good return which help to overcome loss from the dropping price
Yup, this is the right time to invest instead of holding your coins in your wallet. Because the price is also very high and you can make good revenue in investment. But you should carefully before investing on any casino's some casino may scam you and check the 3 or 4 weeks profit history if the site is in a good position then you can invest.
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January 08, 2017, 04:14:05 AM
 #1084


Isn't holding your bitcoins risky? i agree bitcoin is giving good returns, but for how long it will continue to do so? instead of keeping all my coins idle i'd rather invest some of it in a casino.  Smiley

Some people prefer to keep it idle and I dont see any reason on why not to keep it safe considering that the price is currently nearing the ATH. When there is a dump then it is best to invest in rather than panic selling it to the market. Investing might give a good return which help to overcome loss from the dropping price
Yup, this is the right time to invest instead of holding your coins in your wallet. Because the price is also very high and you can make good revenue in investment. But you should carefully before investing on any casino's some casino may scam you and check the 3 or 4 weeks profit history if the site is in a good position then you can invest.
Spotting the right investment is necessary, you can invest in new casinos but must think of limiting your investment to minimize the risk. The thing is, not all new casinos are scam as they can also give us good profit when it becomes popular, and only you based on your instinct can tell what casinos you should trust on your investment.

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January 08, 2017, 10:35:41 AM
 #1085


Spotting the right investment is necessary, you can invest in new casinos but must think of limiting your investment to minimize the risk. The thing is, not all new casinos are scam as they can also give us good profit when it becomes popular, and only you based on your instinct can tell what casinos you should trust on your investment.

It is always risky to start with a new casino while there are other casino that has established for years in here however one thing for sure why people like to invest in a new casino instead because the bankroll of the site is still low therefore you could be getting bigger chunk of profit investing in there rather than some other established site
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January 14, 2017, 11:36:07 PM
 #1086

This is an investment I'm interested in. There are many users who have managed to get a good return, the problem is to choose the right casino with the option of bankroll investment, of course. Probably the right thing to do is start with small investments, especially if the individual does not know the field very well.
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January 15, 2017, 12:47:59 AM
 #1087

Invest in bitcoin casinos worth to try if you have decent amount and $3000 is big enough.
There are a lot of people have invested in casinos and show how much profits to get every week.
Just remember to do your own research (the best sites) and ask the house about bankroll management.

To try these investments you no need to have any fixed or high amounts. You can start with even small amount first but you will get may be less profit or you may lose less money if you start with small investments. But the experience you gain is same. So for the beginners it is always good to start with smaller amount until they understand how complete system works.
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January 15, 2017, 01:12:07 AM
 #1088

Its not a bad idea as long as you are ready to trust online casinos with your BTC. Its a really good investment as far as I know coz, casinos are made for just one job. To make profits and its easy for them to do so.

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January 15, 2017, 01:21:50 AM
 #1089

I have $3000 USD to invest, is it worth it?

What sort of returns should I expect
Great idea in that way you could lessen your risk rather than gambling but don't expect that there is no risk at all because there is a possibilities that the casino sites will lose.

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January 15, 2017, 06:24:33 AM
 #1090

Its not a bad idea as long as you are ready to trust online casinos with your BTC. Its a really good investment as far as I know coz, casinos are made for just one job. To make profits and its easy for them to do so.

Trust is a sensitive issue, unless you know the operator's real name , address and other few personal information then you cant "trust" that person literally . There has been many cases in this forum that few most respectable and trusted member decided to scam just for their personal reason. Money changed person to do unexpected things for sure
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January 15, 2017, 07:27:43 AM
 #1091

Its not a bad idea as long as you are ready to trust online casinos with your BTC. Its a really good investment as far as I know coz, casinos are made for just one job. To make profits and its easy for them to do so.

Trust is a sensitive issue, unless you know the operator's real name , address and other few personal information then you cant "trust" that person literally . There has been many cases in this forum that few most respectable and trusted member decided to scam just for their personal reason. Money changed person to do unexpected things for sure

Most people wouldn't know what to do even if the owner of a site gave them full ID information, address, etc. and scammed them. It's not a quick and easy process. It takes time, money, and knowledge, and even if you win, you are still going to lose a lot of money in the process (and have the possibility of getting nothing back). Most people here aren't going to spend $20k to try and recoup $100 that was stolen, not even knowing if they are going to win.

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January 15, 2017, 10:29:09 AM
 #1092

Its not a bad idea as long as you are ready to trust online casinos with your BTC. Its a really good investment as far as I know coz, casinos are made for just one job. To make profits and its easy for them to do so.

Trust is a sensitive issue, unless you know the operator's real name , address and other few personal information then you cant "trust" that person literally . There has been many cases in this forum that few most respectable and trusted member decided to scam just for their personal reason. Money changed person to do unexpected things for sure

Most people wouldn't know what to do even if the owner of a site gave them full ID information, address, etc. and scammed them. It's not a quick and easy process. It takes time, money, and knowledge, and even if you win, you are still going to lose a lot of money in the process (and have the possibility of getting nothing back). Most people here aren't going to spend $20k to try and recoup $100 that was stolen, not even knowing if they are going to win.

I don't know a website that has every single whereabouts were uploaded. Some give their full name but most don't give their home address. They only give their office's address. There's honestly no reason for you to upload all of these information but someone who has all these posted will be afraid to scam someone big. They can just call the police or do an anonymous tip with all the evidence of the crime that he did.

If a site just gives out all these information, most of the time it's fake (I'm referring to investment sites, etc). Those that post these information are mostly those people that has a physical shop so you can visit them.

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January 15, 2017, 11:09:03 AM
 #1093

If a site just gives out all these information, most of the time it's fake (I'm referring to investment sites, etc). Those that post these information are mostly those people that has a physical shop so you can visit them.

It is the investor's due dilligence to check out wether the personal information is legit or not.  It is the internet and people are free to do whatever he wants and post whatever he wish therefore you can easily fake any ID . It doesnt require any magic to it just some simple photoshop will do and there is no freaking way people will actually travel across the country to check wether it is fake or not
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January 15, 2017, 11:20:42 AM
 #1094

Its not a bad idea as long as you are ready to trust online casinos with your BTC. Its a really good investment as far as I know coz, casinos are made for just one job. To make profits and its easy for them to do so.

Trust is a sensitive issue, unless you know the operator's real name , address and other few personal information then you cant "trust" that person literally . There has been many cases in this forum that few most respectable and trusted member decided to scam just for their personal reason. Money changed person to do unexpected things for sure

Well its a risk when it comes to investments anyways not only with casinos. And that's why we have to be a bit more careful and research about where we'll be investing our money on. We try to research on backgrounds and feedbacks of casinos that we're looking at. The risk is still there as as you've said, there's the scenario wherein the top people in that site will suddenly make it personal, but it's still way better than you playing in a casino.


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January 15, 2017, 11:33:16 AM
 #1095

Its not a bad idea as long as you are ready to trust online casinos with your BTC. Its a really good investment as far as I know coz, casinos are made for just one job. To make profits and its easy for them to do so.

Trust is a sensitive issue, unless you know the operator's real name , address and other few personal information then you cant "trust" that person literally . There has been many cases in this forum that few most respectable and trusted member decided to scam just for their personal reason. Money changed person to do unexpected things for sure

Well its a risk when it comes to investments anyways not only with casinos. And that's why we have to be a bit more careful and research about where we'll be investing our money on. We try to research on backgrounds and feedbacks of casinos that we're looking at. The risk is still there as as you've said, there's the scenario wherein the top people in that site will suddenly make it personal, but it's still way better than you playing in a casino.


Right instead of playing gambling and losing your money better you can invest that money in any popular casino website and earn money. But this is not an easy job, and you can play gambling for fun, but trading is not fun. You should be very careful, and you keep on checking the status of your investment sites. If you do any negligence in this if you have bad luck, you have a chance to get loss in investment. So this is a good but risky job.
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