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Author Topic: Betting on cryptocurrencies prices  (Read 1207 times)
gabmen
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November 15, 2017, 04:19:05 PM
 #81

I really loved the idea of betting on crypto currencies the only problem was amount of choice most the coins available are not sufficient only the main ones live bitcoin, ether and few other coins are available, if they could add more coins it would be more fun and interesting. Nevertheless I'm sure in future this will be trend
Yeah this will be a trend but I think it will not give you much more than a normal profit. Biotin is not like a normal profitable thing, it will make you more than your expectations. It has potential to go for more then why you are just betting in it and indulge in more risky option. Betting is not safe as gambling, if you want to make money then trading and investing are better options.


Betting on the cryptocurrency price is becoming common nowadays. But the problem is that only a limited number of choices are available. The highly valued cryptocurrencies such as the bitcoins and Ethereum are being used in betting so the risk of loss is always great.

Other virtual currencies are not into the bet yet because their rate is lesser even than actually bet fund in the online sites. But, this industry would probably flourish with time becoming trendy all again.

Well the volatility of the prices fits perfectly for making wagers. Its simple betting that can really be attractive to crypto watchers. Has anyone tried that yet though?

 
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November 17, 2017, 09:01:29 AM
 #82

That's a different betting option. Here users won't get to be lucky to win big in a short as the price is completely unpredictable. No one makes a continued research about the cryptocurrencies price moves. These were almost similar to the sports betting, people get lucky enough to get a winning in unexpected time.
There are some moves that can really make some pretty good bet when it comes to betting on cryptocurrency prices. It does not have to do anyway with only Bitcoin and you can still do your analysis to predict where the trend may end up falling. However, it is still a very risky thing to do, but that is why it is called gambling. Everything comes with a risk and it is just to understand and accept the risk that matters.
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November 17, 2017, 01:04:31 PM
 #83

That's a different betting option. Here users won't get to be lucky to win big in a short as the price is completely unpredictable. No one makes a continued research about the cryptocurrencies price moves. These were almost similar to the sports betting, people get lucky enough to get a winning in unexpected time.
There are some moves that can really make some pretty good bet when it comes to betting on cryptocurrency prices. It does not have to do anyway with only Bitcoin and you can still do your analysis to predict where the trend may end up falling. However, it is still a very risky thing to do, but that is why it is called gambling. Everything comes with a risk and it is just to understand and accept the risk that matters.

As you said we can predict the price of the crypto currency by continuous analysis about that coin,so we can say the price is about something based on its demand.But there is no guarantee for that to happens and you may lose your bet too so understand gambling is only based on luck so only bet the amount which you can afford to lose and don't think gambling is a way to earn money.

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