How has past few months affected your gambling?

[ArnoldChippy]

The past few months were rough for me that's why I've taken some rest and stayed away from different casino's for awhile. But while the price of bitcoin went down, when its about winning its good to gather more bitcoins by winning because of its current price. And when it goes up again that will be the good harvest for all of us who are holding.

Even in such harder time i found it difficult to stop playing gambling, Therefore i changed my strategy and lowered down my gambling limit, I usually change my fiat into bitcoin for playing gambling therefore i always estimate my gambling limit in fiat and then convert it into bitcoin for playing gambling.

[megynacuna]

I have always maintained a fiat equivalent of bitcoin for my gambling on sports  and so nothing changed  for me i just kept on gambling averagely 20$ a game until now that bitcoin seems to be growing again. It sure did change the number of bits or satoshis i played per game but my attention wasn't on that but the US Dollar equivalent.

[Qartersa]

The past few months were rough for me that's why I've taken some rest and stayed away from different casino's for awhile. But while the price of bitcoin went down, when its about winning its good to gather more bitcoins by winning because of its current price. And when it goes up again that will be the good harvest for all of us who are holding.

Even in such harder time i found it difficult to stop playing gambling, Therefore i changed my strategy and lowered down my gambling limit, I usually change my fiat into bitcoin for playing gambling therefore i always estimate my gambling limit in fiat and then convert it into bitcoin for playing gambling.

Well, converting every so often would definitely take so much of my time and energy. While I must admit it is a good strategy to always be in control of the amount you are willing to shell out in gambling, it often times causes so much stress to the point that you are too enamored at winning and winning alone. It is not good, I must say, because you do not always win at gambling. There will be losses along the way therefore it is always best to be in control of your emotions more than anything else. This may just sound so normal for you but trust me, there are people who offered their lives to gambling; and, losing in it would mean the world to them.

[katrimans]

As owner of a gambling guide - Bitcoin Gambling 101, I am curious as to how the crazy December and then January price changes affected your gambling wins/ losses?

It affects the amount of each bet I make. If the price goes up significantly, I'll mostly lowered my bet amount and vice versa. Frankly, as a crypto gambler, we can benefit from such fluctuations. Double win is not a strange thing in crypto gambling.

But its too risky to do that because of too much volatility, gamblers are being affected by the current crypto correction. Though I stopped gambling with cryptocurrency months ago now I know it has a significant effect on every bet that you will made. You will loss a lot if you still continue doing that, better to go on casinos which is more safer than gambling online using crypto right now.

If you do not want to gamble with your coins then set a budget, convert part of your fiat every week to BTC and then gamble with it, when that amount runs out you do not gamble until next week or month depending on the amount you are willing to bet, this is a nice way to bet without having to sacrifice your long term holdings since that BTC was not going to be held for any amount of time anyway.

Actually, we should used too that bitcoin price dump and pump but last previous two months in December and January bitcoin really dump and it has given a lot of affect on our gambling win/lose but if we know our budget and use only few coins in every week then sure gambling not give us big lose.
In 2017 i did betting btc 0.1 in a week and when bitcoin was starting to dump then i did bet on 0.01 in a week.

The past few months had really a serious bad impact on the gamblers because it marks the dumping phase of bitcoins. The gamblers were not be able to mark the bet of their own choice due to two reasons and the one is that the coins to be bet were themselves available in the limited amount and those that were being used had really low prices.

[Karmakid]

recently I have started gambling again I have won in the first few deposits that I made I have won some bits,
And in the last deposit that I have made I gain some profit I manage to triple the money that I have sent then in the last game I got bored and angry with my wife so I bet it all in then I lost in that round,
Because of it I decide to quit in gambling again so far in this month I still have a profit.

[poplolnman]

I have always maintained a fiat equivalent of bitcoin for my gambling on sports  and so nothing changed  for me i just kept on gambling averagely 20$ a game until now that bitcoin seems to be growing again. It sure did change the number of bits or satoshis i played per game but my attention wasn't on that but the US Dollar equivalent.

That's reasonable for everyone to do that but believe me there's nothing to do with the Bitcoin volatile recently when you've got addicted, you'll keep making mistakes over and over again and lost it all and the amount itself depends on how the money you can afford to lose , nothing really changed/affected.

[Visualvery]

Lately my position on some site gambling even a minus. Whereas a few months before, everything was in a profit condition.

[Gameroid]

Lately my position on some site gambling even a minus. Whereas a few months before, everything was in a profit condition.

That is the nature of gambling games, and that is the reason that most of the expert gambler are advising again and again that we should withdraw from our account that we have won in gambling, because no one know what is going to happen in future, therefore we should make our position strong by saving the winning amount of money in gambling. But i think that most of the people continue to play even with the winning amount of money.

[BitcoinGirl.Club]

As owner of a gambling guide - Bitcoin Gambling 101, I am curious as to how the crazy December and then January price changes affected your gambling wins/ losses?

With the crazy drop of bitcoin prices I no longer feel good waging more of my bitcoins because prices have dropped..
I really liked the play less for a higher value as I knew that getting to 0.1 BTC was a good profit for a day now is a different story, I have now concentrated more on investing and less on gambling.

[LuanX3]

As owner of a gambling guide - Bitcoin Gambling 101, I am curious as to how the crazy December and then January price changes affected your gambling wins/ losses?

With the crazy drop of bitcoin prices I no longer feel good waging more of my bitcoins because prices have dropped..
I really liked the play less for a higher value as I knew that getting to 0.1 BTC was a good profit for a day now is a different story, I have now concentrated more on investing and less on gambling.

Prices shouldn't affect your gambling, it is not the basis of you gambling anyway. This can be inferred from your statement that you base your profit in BTC. Though problem is you have that mindset that gambling is something profitable which is a fallacy. It is good though that you moved on to trading for profit as that is something a lot more promising if you intend to profit..

[robotrobert]

70% my asset has gone.

Did you sell all your coins already?

If not, then this loss may be temporary one because once the market starts moving up then you can start recovering from this losses. If you want to recover back your losses faster then it is the best time to start buying some more coins to average down your price.

People who don’t sell or lose all their coins shouldn’t worry about their loss because this loss is a temporary loss and as you said that when the market of bitcoin will rise, he will easily recover all his loss in no time. The thing here about which one should be worried is that what will that person do next who has lost or sold out all his btc’s because he would not be having a chance on his side to stay in market and he would be having regrets when the process will rise again.

Yes, I wonder why anyone will be losing 70% of their asset in book and decide to turn it physical. As long as they are still there, the market will recover and then the 70% decrease can just turn to 500% increase within few months, so I really do not see any fuss about that.

As long as you did not borrow money from anyone, they are yours and you understood the volatility, then you are fine. However, with respect to how the market affected my gambling, I will say nothing has changed.

Yes you are right. The entire game of profit and loss in terms of virtual assets depends upon the technique to understand the volatility factor bound to the usage of Btcs or any other crypto asset. I think that a person should never decide to give up on his coins no matter whatever the prices are because if we remain patient then it obviously pays us off no matter how long the things would take to get settled in accordance to your personal choices.

[glowing10]

Lately my position on some site gambling even a minus. Whereas a few months before, everything was in a profit condition.

Too much and continuous playing might end up in a minus only. It is dangerous and also chances of getting addiction increases if you play for months together or do not have a control from the gambling habits and in turn you will also stat losing more bets than before.

[Oilacris]

70% my asset has gone.

Did you sell all your coins already?

If not, then this loss may be temporary one because once the market starts moving up then you can start recovering from this losses. If you want to recover back your losses faster then it is the best time to start buying some more coins to average down your price.

People who don’t sell or lose all their coins shouldn’t worry about their loss because this loss is a temporary loss and as you said that when the market of bitcoin will rise, he will easily recover all his loss in no time. The thing here about which one should be worried is that what will that person do next who has lost or sold out all his btc’s because he would not be having a chance on his side to stay in market and he would be having regrets when the process will rise again.

Yes, I wonder why anyone will be losing 70% of their asset in book and decide to turn it physical. As long as they are still there, the market will recover and then the 70% decrease can just turn to 500% increase within few months, so I really do not see any fuss about that.

As long as you did not borrow money from anyone, they are yours and you understood the volatility, then you are fine. However, with respect to how the market affected my gambling, I will say nothing has changed.

Yes you are right. The entire game of profit and loss in terms of virtual assets depends upon the technique to understand the volatility factor bound to the usage of Btcs or any other crypto asset. I think that a person should never decide to give up on his coins no matter whatever the prices are because if we remain patient then it obviously pays us off no matter how long the things would take to get settled in accordance to your personal choices.

Patience would always be the main issue or thing on here if we do easily give up into our coins then we would really lose something unlike for those people who can wait even on longer period of time will cherish the payback when prices tends to rise up again.When we do gamble only spend on the amounts that you can afford to risk without even worrying into its potential growth.

[flower1024]

Lately my position on some site gambling even a minus. Whereas a few months before, everything was in a profit condition.

Don't expect the same result every time. Before your luck is good so wherever you played you won your bets. now your bad time is starting so you end up in minus.

Too much and continuous playing might end up in a minus only. It is dangerous and also chances of getting addiction increases if you play for months together or do not have a control from the gambling habits and in turn you will also stat losing more bets than before.

You are right continues gambling is not good it will lead you to addict to this gambling. anyhow now you noticed that you are losing money in gambling so control your play this is the good time to get control of your emotions and try to stay away from this gambling.

[BlockEye]

Lately my position on some site gambling even a minus. Whereas a few months before, everything was in a profit condition.

Too much and continuous playing might end up in a minus only. It is dangerous and also chances of getting addiction increases if you play for months together or do not have a control from the gambling habits and in turn you will also stat losing more bets than before.

The drops of coin will not affect much those who are not constantly playing, but those who can't control themselves from playing might lose a lot now, especially in the future when the time comes that the market goes to the moon again. Playing with other alts will be much effective than to play with btc like dogecoin fits for now in playing gambling.

[serjent05]

When we do gamble only spend on the amounts that you can afford to risk without even worrying into its potential growth.

This should be what we must do but the problem is most gamblers use all their budget in gambling.  Resulting to a negative effect to their family and people around them. 


With the recent series of Fortune Jack Casino bonuses, I have played gambling more frequently than before.  Well it is a good experience and I do have lots of fun watching how I won big amounts in a small bet.

[chocolah29]

As owner of a gambling guide - Bitcoin Gambling 101, I am curious as to how the crazy December and then January price changes affected your gambling wins/ losses?

With the crazy drop of bitcoin prices I no longer feel good waging more of my bitcoins because prices have dropped..
I really liked the play less for a higher value as I knew that getting to 0.1 BTC was a good profit for a day now is a different story, I have now concentrated more on investing and less on gambling.

Agree because bitcoin is too precious for me to spend on gambling so since then I find sites that accepts fiat so I can play without guilt. And like you, my eyes now are into trading while little by little I know that sooner I'll leave gambling for good and just focus to some more worthy of my time and money.

[crwth]

As owner of a gambling guide - Bitcoin Gambling 101, I am curious as to how the crazy December and then January price changes affected your gambling wins/ losses?

With the crazy drop of bitcoin prices I no longer feel good waging more of my bitcoins because prices have dropped..
I really liked the play less for a higher value as I knew that getting to 0.1 BTC was a good profit for a day now is a different story, I have now concentrated more on investing and less on gambling.

Agree because bitcoin is too precious for me to spend on gambling so since then I find sites that accepts fiat so I can play without guilt. And like you, my eyes now are into trading while little by little I know that sooner I'll leave gambling for good and just focus to some more worthy of my time and money.

I think it is so so positive in the other way around because if you value more Bitcoin meaning the lesser amount of Bitcoin would be a higher equivalent to US dollars. So the higher the risk the larger your winning is so if you don't think about the US dollar values you could get a lot more when you convert it after.

[cryptoalfs76]

As owner of a gambling guide - Bitcoin Gambling 101, I am curious as to how the crazy December and then January price changes affected your gambling wins/ losses?

Actually as of now,i must quits in gambling its is a real talk especially this situation happen in cryptocurrency market would going down now its price value.definetly the main cause why i quits in gambling because i love my family,and i dont wanna leave them in debt,because there are times when i become  addicted in gambling,i involve in a big debt because of my vices in cockfighting ,and my family want to left me,so in order  to make them stay i sacrifice all of my gambling vices.

[jeremypwr]

Well I'm actually down a little bit since the NHL play-offs started but I'm in no hurry whatsoever to give up.
This is a long-term investment (similar to crypto) and not for someone looking to get rich quick.
It's a slow grind, like in poker, so months may turn into years.