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Author Topic: IS IT THE BEST TIME FOR GAMBLING?  (Read 799 times)
camho
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April 05, 2018, 04:23:14 PM
 #21

with the little of my understand,,gambling is part of making money
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April 05, 2018, 04:25:16 PM
 #22

For me, gambling is given me an entertainment or something thrill and excitement when I played gamble.
It is the best time to play if I have a money or extra bitcoin just to relieve my stress after whole day work and gambling will help me to do that. Those gamblers who chasing money, the gambled every day because they think that was the source of their income and no selecting time for the to gambled.
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April 05, 2018, 04:30:37 PM
 #23

~
-  Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.
~

That depends on the amount we are talking about. If you invested $50 in a coin between mid December 2017 and mid January 2018, and today it has turned into $15 then probably it's not a bad idea to gamble with the money in order to either make it $50 again or lose it completely. Indeed there's a chance to turn it into $300 even, but we shouldn't forget that the chance of losing it all is greater and that's why such an approach is suited for small amounts only. If we are talking about big amounts then I'd prefer holding, especially taking into account that according to many experts we'll see the all-time high this year.

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April 05, 2018, 05:47:34 PM
 #24

For me, gambling is given me an entertainment or something thrill and excitement when I played gamble.
It is the best time to play if I have a money or extra bitcoin just to relieve my stress after whole day work and gambling will help me to do that. Those gamblers who chasing money, the gambled every day because they think that was the source of their income and no selecting time for the to gambled.
Maybe gamblers have always good reasons to gamble but if you will just end up a loser,then that will only cause you more stress.I suggest to keep on holding your coins if you don't need it by now,keeping it for several months or even a year will surely give you a decent profit in the end.

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April 05, 2018, 06:00:52 PM
 #25

The gambling has been in the practice for long long ago,so always is the best time for gambling when you want to do it as an entertaining purpose.But honestly people doing for money making so this maybe the best time to invest on crypto currencies and and make the more rewards when the price increases.
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April 05, 2018, 07:10:41 PM
 #26

I guess OP had answered what to do.  He have stated the effect if he win or lose, depends on what you value more OP. If you do not want to get stressed then do not gamble, but if the feeling of winning is much important, I guess you can try but one thing I have in mind.  Devaluating value of cryptocurrency is not reason to gamble things you have worked too hard.

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April 05, 2018, 07:25:24 PM
 #27

You are a gambler or not, you don't watch prices of crypto you need to know your bankroll and how much you are planning to risk, after that you choose the game and site where you can play with your amount. Prices of crypto affect how much you wish to spend on gambling, when price was 200 dollars you could gamble with 1 btc easily because minimal bets on slots were 0.01 per line, or 0.3 mBTC, less then dollar in that time and I could play aggressive to rise bets, but when price was 19k dollars minimal bets was 5 dollars! My 200 dollars in btc was 0.01 BTC you can play with that amount.
Price of crypto affects on gambling experience, but price do not affect your decision to gamble or not, if you wish to gamble do it properly, and do not regret if you lose.

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April 05, 2018, 08:19:41 PM
 #28

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.
Possible break even or profit would be there but still it would be a risky move if you do made this option since we do know on how risky gambling would be.Better to hold than to make yourself into more deeper loss.
-  Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.
Investment and Entertainment is a whole different thing. Each are do have specific kind of decisions to be made.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.
This is why lots of people do love gambling because the results are instant but odds are always against you and its entirely different on trading which situations can be handled depending on your knowledge and experience.
As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.
Normal for a human being on having those kind of reactions. We are happy when we profit and we are stressed when we lost. Recommendations is just choose on what your mind do tell you as long you know the risk involve on each thing.

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April 05, 2018, 09:55:55 PM
 #29

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

-  Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.


As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.
Playing gambling is the way on relieving our stress when we are really treating it as an entertainment which gambling games do really have that kind of purpose but if not then losing money on doing gambling will add up even more the frustrations you do feel.
Trading is different,it might be a gamble on any sense but it can really be controlled if you are good at it.
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April 05, 2018, 10:09:15 PM
 #30

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

You didn't read any news, that is exactly what is happening now. Price is really falling while bitcoin has taken a hit to fall below $7000, other crypto have taken a more massive hit that might take a while to recover from the bleeding that is currently going on.

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.
Do you also consider that the entire amount being held can be lost if one bet in gambling and it turned out to be a loss and it would have been better to have a loss which might turn to profit next week or next month, than losing it now?

-  Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.
Holding is practical and very good at it as well because there is a general believe that the market will pick up in due time and its also a general believe that gambling is one sure way to lose everything. If you ask me, I would go with the former rather than the latter.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.


As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.
.
I would recommend to individuals what they have the ability to carry as that would determine the option to go for putting in mind that the outcome is for you alone to bear.
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April 06, 2018, 04:33:13 AM
 #31

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

-  Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.


As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.

Anytime it's best time for gambling, they do gambling for hope will earn more money in there. But if they play with emotional, my experience will lose more money. Gambling is actually for fun only, not main side job for earn some money. Now bitcoin also drop down much I think is because more issue some country banned bitcoin.
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April 06, 2018, 04:39:09 AM
 #32

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

-  Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.


As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.
Why are you comparing the trading and holding of crypto currency with crypto currency gambling. Roll Eyes

Do you think you can recover your lost amount due to pricefall by winning in gambling,such an bad idea.LOL.

You can do gambling for any season and even  the market is dump you can still do it, but then again don't chase your lose back because its too risky to do so. Weather the market is dump or not, gambling is still not advisable. Yeah it can make money for you but there is no assurance on that.
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April 06, 2018, 04:53:44 AM
 #33

Each time when you want to have fun is the right time to gamble, market won't be a hurdke for you to gamble, just adjust your betting budget then it will be fine and consider the market fluctuate a lot it's already like gambling, so yeah this market uncertainty really pump me up to gamble


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April 06, 2018, 04:59:26 AM
 #34

Each time when you want to have fun is the right time to gamble, market won't be a hurdke for you to gamble, just adjust your betting budget then it will be fine and consider the market fluctuate a lot it's already like gambling, so yeah this market uncertainty really pump me up to gamble

True, but it is not only if we want to have fun but the availability of fun.  Market price actualy is set aside once we have the fun, free time and the want to have fun.  This way it will not affect our work and other activities, budgets and will fully enjoy the time we play gambling games.

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dynospytan
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April 06, 2018, 01:37:44 PM
 #35

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

-  Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.


As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.

It is depends on how people thinks about of continuously falling of digital crypto currency. For me, I would just hold my coins rather than putting it in gambling. Holding is still practical because if you believe in something, positive things will happen. Aside from that, digital cyrpto currency will not going to die and you must remember that. Yes, we can see that all the price of cyrpto are falling but I dont see it dying. In gambling, there's a probability of winning and losing. So It will still depend if your luck is with you.
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April 06, 2018, 02:53:53 PM
 #36

I am buying altcoins with my Bitcoin whose price is also down heavely interms of Bitcoin but have huge community behind.

Another thing I am doing right now with my bitcoin is that I am putting my coin in icos whose price is based on BTC not in USD.

Gambling will only make you loss more than what you could loss if you keep holding. Whatever goes up comes down and whatever comes down will eventually goes up...
Yes, at this stage with the market going down hugely and rapidly, what is the point gambling when you can trade what you have and have so much more when the market recovers ? Except for trying to have some little fun, which I do not normally have on online gambling platforms anyway, gambling like you said is just more like dashing out money to the casino owners or the online gambling platform owners. So, why should I ?

Unlike fiat based gambling, crypto based gambling is having its own problem because we may fail to adjust our base value with respect to current market value of that crypto with which we are betting. If we consider this then after huge downfall of entire crypto markets, this must be a great time to gamble.
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April 06, 2018, 03:05:11 PM
 #37

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

-  Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.


As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.

The reasons are not making sense to linked on best time to do gambling. Since we are talking about the risks, then preferred a risky method that is worth to put a shot rather than rely on luck by doing gambling. There are lots of ways to deal during the bearish market.

Generally, the whole statement is just increasing the risks of losing and "not a good advice and suggestion". Don't expect too much that will really work.

Looks like we are forgetting why "gambling" is called "gambling".

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April 06, 2018, 04:13:53 PM
 #38

There's nothing bad at doing it. I believe that doing it the spread-betting style will make you more gains.
As well, you can buy more and more during its bearish periods and gamble more, win more.
But, the only thinig needed here is LUCK, to keep winning at such a pace that you hold your capital in terms of the value of BTC no matter if it goes up or down. Losing to a level where you get down more than 50% of your portfolio shows that gambling isn't the right thing for you even in this bearish market. Try to be very precise with the choices that you will make, there are many seasonal matches going on. If you are good at them, try your luck. Follow tipsters like Joca & CarlesPuyol who already have a much stronger track record.
Get Joca's free picks over Telegram: https://t.me/joca97freepicks

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April 06, 2018, 10:03:45 PM
 #39

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

I wouldn't go on that route mate. You might ended up losing more at the end. Well, if you are lucky then you might recover some because of the drop but its not a sure fire formula because we all know that gambling is too risky.

-  Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

But you are not losing money if you are just holding and not selling it.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.

How can you be stress if you are not doing anything with your coins? More stressful if you gamble and loss your hard earn bitcoin.

As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.

Well, I still choose to hold and not to play as the chance of getting a win is very slim.

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April 06, 2018, 10:49:54 PM
 #40

I firmly believe this is really the best time to gamble especially using faucet claims, like in freebitco.in, you actually earn huge amount of profit and holding them for future can help you to become financially stable. I believe after few more years bitcoin value will be doubled or tripled again so better start keeping some from your earnings in gambling.
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