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Author Topic: How has past few months affected your gambling?  (Read 848 times)
robotrobert
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February 12, 2018, 07:02:03 AM
 #61

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.
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February 12, 2018, 07:13:22 AM
 #62

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.
And during those times I'm not comfortable of gambling  as the price has been quite down and due to the fact that I gamble when I'm on the mood it's not helping me anymore. I won't gamble if the price is down but the good thing here is that I can gamble with different altcoins that are accepted from various casino's.

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February 12, 2018, 07:59:47 AM
 #63

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.

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February 12, 2018, 11:07:21 AM
 #64

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.
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February 15, 2018, 11:49:07 AM
 #65

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.
I do not think that it effect my gambling so much, because i always calculate my betting first in fait and they only ply to me selected amount of money. I never depend on bitcoin price. If the price goes higher the i play with little amount and when the price goes down then i convert my fiat and play with some more amount of money.

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February 15, 2018, 02:22:07 PM
 #66

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.
As for me, I completely turn away my back from gambling online because of the price of the bitcoin. The price is in dump so it will require more bitcoin to spend and I can't afford losing bitcoin this way. I think that it had affected me in good way because I am now doing other things instead of playing online like reading books, going out and etc., which are also better than playing gambling. When I am playing, I sometimes lose track of time but since I am prohibiting myself to play, I am able to earn proper food at proper time now.



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February 15, 2018, 03:48:36 PM
 #67

I have joined Nitrogen sports since I want to try something new with a thrill like betting in sports but when the value of bitcoin drops I need to freeze my account because of high transaction fees and a big amount of bitcoin I need to use when betting, I feel like I need to hold it for quite sometime and wait till the value increase again.
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February 15, 2018, 06:18:10 PM
 #68

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.
I do not think that it effect my gambling so much, because i always calculate my betting first in fait and they only ply to me selected amount of money. I never depend on bitcoin price. If the price goes higher the i play with little amount and when the price goes down then i convert my fiat and play with some more amount of money.
I think the price is not affected but after December high transactions fee definitely affected everyone. I totally stopped to do BTC transactions. and I also calculate my bet amount in fiat and place my bet. So the bitcoin price fluctuation will not affect my gambling.
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February 15, 2018, 11:57:16 PM
 #69

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.
As for me, I completely turn away my back from gambling online because of the price of the bitcoin. The price is in dump so it will require more bitcoin to spend and I can't afford losing bitcoin this way. I think that it had affected me in good way because I am now doing other things instead of playing online like reading books, going out and etc., which are also better than playing gambling. When I am playing, I sometimes lose track of time but since I am prohibiting myself to play, I am able to earn proper food at proper time now.

That's good for you.The price dump had become so helpful to you.For me,it does not affect my gambling habit since i only gamble occassionally and i have set already my funds intended for gambling so as not to be abusive though.Setting limits for myself has been so helpful to me too since i have not lose bigger funds already unlike before when i was so addicted with gambling.

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February 16, 2018, 01:31:07 AM
 #70

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.
I do not think that it effect my gambling so much, because i always calculate my betting first in fait and they only ply to me selected amount of money. I never depend on bitcoin price. If the price goes higher the i play with little amount and when the price goes down then i convert my fiat and play with some more amount of money.
I think the price is not affected but after December high transactions fee definitely affected everyone. I totally stopped to do BTC transactions. and I also calculate my bet amount in fiat and place my bet. So the bitcoin price fluctuation will not affect my gambling.

yeah, I am thinking the same with you and this is why I don't use bitcoin for placing a bet and only use the altcoin. I think if I cannot make a profit in trading then I don't want to use my bitcoin to place a bet and it is better to use altcoin. but if the fee can reduces maybe I will use bitcoin again to place a bet but I still don't want to use big money to playing gambling.

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February 16, 2018, 10:01:03 AM
 #71

this past few months, gambling for me is like a roller coaster wherein i have to go down  before i go up. As gambler, i've seen a lot of changes  in me with regards to my actions and opinions. whenever the price rise up, i follow my instinct  and go with the gambling. And if the price go down and loses, i try to to reflect. Was it worthy? am i doing good?: stuff like that play in my mind and nothing happen. i just go with the flow and try my luck. lol]Smiley
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February 16, 2018, 01:31:35 PM
 #72

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.
If the value of bitcoin changes, definitely the amount of loss or profit will also vary accordingly. For instance, I place a bet of 1 bitcoin (which is definitely very insane and never going to happen) and at that time, it was 10k dollars but I lost the bet. Next day bitcoin becomes 15k dollars, that means I actually lost 5k dollars more. Therefore, it is stupid to gamble with bitcoin at the first place rather gambling itself is wrong no matter how it is done.
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February 16, 2018, 03:07:21 PM
 #73

It has affected my lifestyle a lot and it is in a positive way
What i mean by this i was a addicted gambler last summer and i used to gamble every single week with every single bitcoin i earned but finally someone suggested me to trade instead of gambling i made some profit from it and finally was able to control my activities
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February 21, 2018, 02:15:39 PM
 #74

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?

Well, in December and January bitcoin price really affected me especially in trading but in gambling its also affect, But main think is that i already managed myself in gambling i play gambling in my budget then bitcoin price up and down not properly affect me. But i only do one thing that i hold the bitcoin and little bet i play gambling whenever bitcoin dump.

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February 21, 2018, 03:19:55 PM
Last edit: April 17, 2018, 05:37:52 PM by Hazaki
 #75

I didn't care about gambling anymore in the past few months because i have truly believed that this industry was designed and made to make you loose , and all the profits will go to the house , these people wouldn't have went through all the troubles to allow you  collecting all the profits in the end . The only true bets are those where there isn't any third party involved and the outcome can be random at every single time , not manipulated by the house .
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February 21, 2018, 03:41:12 PM
 #76

It didn't affected my wins and losses, the thing that affects me is that I can gamble like there's no more tomorrow because of the big spread from fractional gambling. Unlike before when the price of bitcoin when it was not that high, I'm very conservative when it comes on budgeting my btc's.



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February 21, 2018, 05:55:05 PM
 #77

Normally, its affect me when price of bitcoin increase, then minimal bets in bitcoins are really high when you calculate in dollars. Gamblers should be aware of minimal and maximal bets, to take care of bankroll and to be able to adjust beta according to that bankroll. When I calculate how much I plan to spend I do it dollars, and its not same when you gamble on minimal bet 1 mBTC, with most games 100 dollars or 9 mBTC doesn't worth much when you can play just couple bets.
First bitcoin rise affected my gambling habits, now I'm fine again, I found where to gamble and adjusted my habit's to current bitcoin price and my bankroll. This fall didn't affect me all, I have more bitcoins in 100 dollars then when price were over 15000 dollars.

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February 21, 2018, 06:55:23 PM
 #78

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?
I gambled less in December and January but it was not because of the price increase and then the crash it was simply the season, I was very busy with my work and when you add the holidays then I simply did not had the time to dedicate to gambling, even now I'm quite busy but finally I'm slowly getting rid of my work load and I think I will be able to gamble again next month.
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February 21, 2018, 07:33:05 PM
 #79

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?
I gambled less in December and January but it was not because of the price increase and then the crash it was simply the season, I was very busy with my work and when you add the holidays then I simply did not had the time to dedicate to gambling, even now I'm quite busy but finally I'm slowly getting rid of my work load and I think I will be able to gamble again next month.

Today I have bet on South Africa. They made my day happy. I have got around 0.002 BTC profit on this bet alone but most of the time. I goes to choose the wrong side to choose and loose my money but good day.
From the past few I was doing betting on Cricket, Tennis and Volleyball. Expect betting I did not find any of the best move on the gambling platform. Dice and virtual games will never work better.
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February 22, 2018, 08:30:08 AM
 #80

I think I am a little lucky this year so far because I am currently up, I usually does not play games where I need to play based on luck.
My game is sports betting and I have more wins compared to my loses, I have proven one thing that is necessary which is the money management.
When you are good in money management, it will help you stay in the game and you can recover your loses.

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