How has past few months affected your gambling?

[chris200x9]

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.

[BillCoin]

For people who holds bitcoin and also gamble in bitcoin I guess it was a tough week.
Most of the people who gambles with bitcoin usually convert it at the point of winning a bet, which means that they are not really affected by price changes.
Those who also holds bitcoin, the decrease of bitcoin price probably made them to gamble more, because psychological, when someone loses a bet he will always try to recover it, and the decrease in bitcoin price could have made him to lose more then he planned.

[St4yInTh3D4rk]

The value of bitcoin is crashed too much since January,so it hardly affected the winners of the gambling because they actually lost the value of bitcoin when calculate in terms of USD.But I am not a full time gambler so it doesn't affect me that much because I invest only very little amount for the gambling purpose.

[BlockEye]

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.

We will only consider ourselves lose in this days when we sell it at low price, if we didn't believe enough that BTC can still arise again, We can see graphs that btc increases after it's dump that's how the cycle goes, It will be good if that all those Fudders and who did panic selling were all do it, so next thig will only see soon is a nearly stable graph.

[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?

This certain movements from the value of bitcoin affects those gamblers who really enjoyed playing inside crypto houses, they use bitcoin channels to easily deal with their activities, for sure they are not happy as the value really fell continuously those who have funds inside the house will be forced to
hold and keep on playing instead of exchange it to fiat, personally I'm not playing that much anymore so I can say that I'm not affected I just enjoying
the service of easy betting online.

Though I am not a gambler but it really hurts me to see others using crypto currencies specially Bitcoin for placing bets because I believe it is just wastage rather unrequired sacrifice of one's money. It is supported by me live your life the way you want to and do those things that make you happy but taking such risk is not appreciated. Why wasting your hard earned money while that same Bitcoin can make you rich in future?

[piloder]

I have actually limited my gambling activity in current red market. My total portfolio is down by over 50% so basically gambling what I have left is not worth. I don't want to gamble what I have remaining and I am quite sure market will go up when all bad rumors will be over and my portfolio value will sky rocket.

[serjent05]

The price fluctuation does not affect my gambling activities. I do not know but I just looked at BTC as BTC and not even thinking the equivalent convertion of it to dollar.  For me i believe they are the same.  If I lost 1 BTC at a price of 20k USD or 1 BTC at a price of 4k USD  does not make a difference.  For me as I said they are still BTC and I play at my BTC budget of 0.05BTC to 0.1 BTC per month.

[bncbnc]

The price fluctuation does not affect my gambling activities. I do not know but I just looked at BTC as BTC and not even thinking the equivalent convertion of it to dollar.  For me i believe they are the same.  If I lost 1 BTC at a price of 20k USD or 1 BTC at a price of 4k USD  does not make a difference.  For me as I said they are still BTC and I play at my BTC budget of 0.05BTC to 0.1 BTC per month.

Yes i am also not effected. In fact i always adjust my gambling limit with the increasing or decreasing. Although i am holding bitcoin for a long time and the decreasing price of bitcoin really effect my assets, but still i am holding bitcoin and not going to sell it, because i am sure that bitcoin price will recover very soon and will also recover my lost.

[livingfree]

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?

When the prices are high, I can gamble with few bits and I'm confident to gamble with few mBTC's because the price of bitcoin is really high. But now that the price has moved downwards I can't get to what it used to be. I'm diverting now into altcoins when I gamble as I can't take the low price of bitcoin and I feel regret when gambling it although the fees are greatly low.

[ArnoldChippy]

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?

When the prices are high, I can gamble with few bits and I'm confident to gamble with few mBTC's because the price of bitcoin is really high. But now that the price has moved downwards I can't get to what it used to be. I'm diverting now into altcoins when I gamble as I can't take the low price of bitcoin and I feel regret when gambling it although the fees are greatly low.

Yes and when bitcoin price start dumping we use some more bitcoin to play with, which really effect our gambling but at that time i reduce the my gambling limit a little more and through this way i just tried my best to prevent myself from a big lost. It is expected that very soon bitcoin price will recover its position and once again we will start playing gambling with a big amount of money.

[dylanc]

Due to the price drop, definitely gambling less than those months. But then can also switch to usd or other currency. If not, will just play casino games for fun, without placing money bets.

[Thanasis]

People are started to use alternative crypto currencies for gambling because the high transaction fee for the past few months but now the condition is getting normal and the fee getting cheaper.
But the price of bitcoin almost dropped 60% since January so it may affect the people who won the bets because they actually lose their winning amount by 60% due to the price fall.

[gabmen]

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?

When the prices are high, I can gamble with few bits and I'm confident to gamble with few mBTC's because the price of bitcoin is really high. But now that the price has moved downwards I can't get to what it used to be. I'm diverting now into altcoins when I gamble as I can't take the low price of bitcoin and I feel regret when gambling it although the fees are greatly low.

Yes and when bitcoin price start dumping we use some more bitcoin to play with, which really effect our gambling but at that time i reduce the my gambling limit a little more and through this way i just tried my best to prevent myself from a big lost. It is expected that very soon bitcoin price will recover its position and once again we will start playing gambling with a big amount of money.

Does it even matter when you gamble with btc? I mean you're gambling with the same number of satoshis whether btc rises or dumps. And the value doesn't even come into play until you withdraw your earnings.

[noictib]

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?

No doubt that there should be no relationship between the win/loss with the price but the amount that I was placing to bet I reduced into less Because that time the value of the bitcoin was high and was not much easy for me to have risk with that bigger amount .
A new thing that I seen in the gambling Field with all trucks and stretagy play , I found few of the gambling sites changed Thier script to make big los for the gamblers and make big profit for Thier casino that was not fair .
Well here I am not happy and not sad to make gambling bad experience because these are totally like the zero value games and here we can't expect anything better , only luck and house edge will work very well .

[Viyamore]

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 gamblers in this months more than in the past quarters that is  only a minimal amount. For some gamblers its not since if they are adopting the current prices and to the new gamblers or the gamblers who will deposit needs more bitcoins or altcoin to be fit to the minimum amount that a gambling requires to start.

[MinerHQ]

People are started to use alternative crypto currencies for gambling because the high transaction fee for the past few months but now the condition is getting normal and the fee getting cheaper.
But the price of bitcoin almost dropped 60% since January so it may affect the people who won the bets because they actually lose their winning amount by 60% due to the price fall.

Bitcoin price nothing to do with winning or losing because that is the risk we need to take when you invest money in cryptocurrencies.

If you win certain bitcoin and didn't sell means your not really under loss because this may be just temporary losses. If you hold them for long and prices recover back then you will get back your profits. The main point here is don't sell your coin in a panic otherwise you're not making any losses.

[Caladonian]

People are started to use alternative crypto currencies for gambling because the high transaction fee for the past few months but now the condition is getting normal and the fee getting cheaper.
But the price of bitcoin almost dropped 60% since January so it may affect the people who won the bets because they actually lose their winning amount by 60% due to the price fall.

Bitcoin price nothing to do with winning or losing because that is the risk we need to take when you invest money in cryptocurrencies.

If you win certain bitcoin and didn't sell means your not really under loss because this may be just temporary losses. If you hold them for long and prices recover back then you will get back your profits. The main point here is don't sell your coin in a panic otherwise you're not making any losses.

Good point, if you win then continue holding your bitcoin even the price fell then you are still in a good status, you are still in green in terms of bitcoin, just take time to analyze and understand what are those events that will bring bitcoin value to increase again, don't play with your emotions just continue to play little by little while waiting for the time to cash out your winnings.

[btc-facebook]

Luckily I'm not daily gambler since I'm gamble only when I have time and really interest for the match especially soccer match !

I'm personally focus on invest rather than gambling because gamble / trading make your profit or loss increase/decrease in short time , that's why I'm not ready for that

[ajochems]

Luckily I'm not daily gambler since I'm gamble only when I have time and really interest for the match especially soccer match !

I'm personally focus on invest rather than gambling because gamble / trading make your profit or loss increase/decrease in short time , that's why I'm not ready for that

Yes.Both loss and profit will occur in gambling. When I had a free time, I will play few games in gambling. I was addicted to the gambling, since it need my money to spend.
I don't want to waste my hard earned money in few games. For that I will play the online games instead of gambling.

[joebrook]

Of course it didn't affect my winning/losing at all, but i gambled way less bitcoins than when their price was smaller, but i still gambled using same USD amount. I think it's same with everyone else, maybe some gamblers didn't play these weeks at all due to huge bitcoins, and their transaction fee, prices.

I have a system where i allocate a fixed amount of money that i use to gamble but due to the recent huge drop, I took a step for a while because i know that if the value goes up i would have gambled more money that i would initially budgeted.