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Author Topic: My 2 cents  (Read 751 times)
moegreen (OP)
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January 13, 2019, 06:46:10 AM
 #1

This is just my two cents on bitcoin gambling.

I made quite a bit of money back in December when the bitcoin price was roaring. I quit my job since then and been obsessed with bitcoin investment.

Things didn't turned out as people hoped . Bitcoin price went downhill and i started to chase my loss. How ? Yeah, as stupid as this may sound.. Bitcoin Dice sites. I have lost over $50k in past years gambling in dice sites like Primedice, Bitsler & Yolodice. My personal life was devastated with sights of depression and bad relationship with my wife.

It was almost like i was somebody else when i click that auto roll. The adrenaline was like a drug that got me high. As much as i regret quitting my job and betting high on auto roll I learnt to forgive myself.

My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
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January 13, 2019, 07:50:32 AM
 #2

This is just my two cents on bitcoin gambling.

I made quite a bit of money back in December when the bitcoin price was roaring. I quit my job since then and been obsessed with bitcoin investment.

Things didn't turned out as people hoped . Bitcoin price went downhill and i started to chase my loss. How ? Yeah, as stupid as this may sound.. Bitcoin Dice sites. I have lost over $50k in past years gambling in dice sites like Primedice, Bitsler & Yolodice. My personal life was devastated with sights of depression and bad relationship with my wife.

It was almost like i was somebody else when i click that auto roll. The adrenaline was like a drug that got me high. As much as i regret quitting my job and betting high on auto roll I learnt to forgive myself.

My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
well everyone knows that, only people like you dont.
I would suggest visiting professional help

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January 13, 2019, 08:01:28 AM
 #3

My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
Or how about having a fresh start. Leave gambling. Take consultation from psychiatrist. Seek help for friends and family, be more acting in real life, go to holiday, give time to the family. There are bunches of things you can do except betting.

Get a good day job!

May be you can spend more time in this forum if you love Bitcoin. Keep your 2 cents it's not gonna change anything.

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January 13, 2019, 08:28:16 AM
 #4

This is just my two cents on bitcoin gambling.

I made quite a bit of money back in December when the bitcoin price was roaring. I quit my job since then and been obsessed with bitcoin investment.

Things didn't turned out as people hoped . Bitcoin price went downhill and i started to chase my loss. How ? Yeah, as stupid as this may sound.. Bitcoin Dice sites. I have lost over $50k in past years gambling in dice sites like Primedice, Bitsler & Yolodice. My personal life was devastated with sights of depression and bad relationship with my wife.

It was almost like i was somebody else when i click that auto roll. The adrenaline was like a drug that got me high. As much as i regret quitting my job and betting high on auto roll I learnt to forgive myself.
Forget the past mate and move on, what's important now is you were able to forgive yourself on your wrong decision.
That's life, we make mistakes sometimes but we should not stop, instead we have to go on and correct that mistake, it's not yet late, as long as you are still breathing, you can still correct your mistake and live a wonderful life with your family.

I've known a lot of people who quit their job when they made fortune with BTC way back the time you've mentioned but they are wise enough to cash out some of their money and invest into real business, and they made the right way to diversify.

My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
This advise is still not gonna work, regardless of your strategy in gambling, it will not change your chances due to the house edge in dice.
I guess the best thing to do is to obey the basic rules and one rule is to always bet what you can afford to lose only.

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January 13, 2019, 08:33:57 AM
 #5

It's sad to hear. You know what everyone needs to do something permanent. Otherwise, he has to suffer in the long run. Anyway, it seems you have realized your mistakes. That's great, you can come up with better situation from now. Give it a try as Pamolder said. Everything will be okay.

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January 13, 2019, 08:34:48 AM
 #6

Crypto, Investments and Gambling should never be a full time job but only a hobby and a bit of fun to kill the time. If we are able to differentiate that there shouldn't be any problems. Sorry to hear about your misfortunes.

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January 13, 2019, 08:38:07 AM
 #7

You better let that sink in and find a new job and start over or else you'll get into depression and things may become even worse for you. What happened is happened. Now is the time to learn from history and don't repeat your mistakes. Life is full of opportunities, you can still end up as a millionaire if your luck turns back. (I don't mean dice sites for fucks sake) This time invest your money more wisely and if you ever gamble again don't wager more than you could afford to lose. $50k Jesus what the fuck.

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January 13, 2019, 09:05:50 AM
 #8

Forget about everything and start building yourself, there's nothing left but to keep moving forward there's still life after this, addiction can be cured by self will, find a job entertain yourself with other stuff that you can find outside this activity and if possible not to comeback and chase anything with an easy way to earn as the outcome results can be much worse than you expect or plan it to be.
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January 13, 2019, 09:17:22 AM
 #9

I think the best advice is to NEVER quit your day job, unless you have some solid backup plan.

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January 13, 2019, 09:55:15 AM
 #10

my advice to all people i see is if you want to be a successful person in whole life is stay away from CHANCE-RELATED things specially stock exchange and Casino games all of them are hoax
the worst thing about human is at start they think they can beat the odds casinos and stock exchanges and thats what exactly they want to reap your money and thrown you in a trash can nobody can imagine how i worked so hard 24/7 and i busted over 100K$ in these . and im living on my last pennies .

i went to deepest of chance related things in my life and thats all about loss and the people are successful are less than 0.00001% . and thats about their pure instincts that can avoid them from harm and lead them to the victory .

start over a job forgive the past and try to save money and start a good business beside of it , im sure you will be successful .
there is no anything in gambling you will be able to analyze thats all about hoax and short term things and you will get crushed so damn hard in long term.

All The Best.
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January 13, 2019, 10:34:09 AM
 #11

Crypto, Investments and Gambling should never be a full time job but only a hobby and a bit of fun to kill the time. If we are able to differentiate that there shouldn't be any problems. Sorry to hear about your misfortunes.

I disagree about the crypto part. You can easily make a living of trading crypto assets (or stock). Most people screw up by not knowing what they are doing or following these random pump groups. Make sure you do your homework (or try simulated trading first: https://testnet.bitmex.com/) before you decide to start trading with your own money. And follow the golden rule: never invest money you can't afford to lose.
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January 13, 2019, 10:48:19 AM
 #12

Crypto, Investments and Gambling should never be a full time job but only a hobby and a bit of fun to kill the time. If we are able to differentiate that there shouldn't be any problems. Sorry to hear about your misfortunes.

I disagree about the crypto part. You can easily make a living of trading crypto assets (or stock). Most people screw up by not knowing what they are doing or following these random pump groups. Make sure you do your homework (or try simulated trading first: https://testnet.bitmex.com/) before you decide to start trading with your own money. And follow the golden rule: never invest money you can't afford to lose.

Pretty subjective actually. If you have the discipline and funds to sustain then by all means but many don't, including myself.

Sad thing is, you could slowly build your wealth and lose it all in just a few days of getting "tilted".

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January 13, 2019, 11:13:06 AM
 #13

I think the best advice is to NEVER quit your day job, unless you have some solid backup plan.

Quitting your job to use your life savings on gambling?

That's certainly very stupid. There are no shortcuts.
Well, there are from time to time good opportunities, like Bitcoin was 3-4 years ago. But you can't create those situations, and try to get easy money in gambling won't help you either, it will devastate your portfolio

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January 13, 2019, 11:31:02 AM
 #14

I think the best advice is to NEVER quit your day job, unless you have some solid backup plan.

Quitting your job to use your life savings on gambling?

That's certainly very stupid. There are no shortcuts.
Well, there are from time to time good opportunities, like Bitcoin was 3-4 years ago. But you can't create those situations, and try to get easy money in gambling won't help you either, it will devastate your portfolio

Exactly, but I'm pretty sure he's not the only one. I remembered this article which mentioned some Dutch guy sold his house for Bitcoin. God knows how he's doing right now.

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TheNewAnon135246
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January 13, 2019, 11:33:41 AM
 #15

Crypto, Investments and Gambling should never be a full time job but only a hobby and a bit of fun to kill the time. If we are able to differentiate that there shouldn't be any problems. Sorry to hear about your misfortunes.

I disagree about the crypto part. You can easily make a living of trading crypto assets (or stock). Most people screw up by not knowing what they are doing or following these random pump groups. Make sure you do your homework (or try simulated trading first: https://testnet.bitmex.com/) before you decide to start trading with your own money. And follow the golden rule: never invest money you can't afford to lose.

Pretty subjective actually. If you have the discipline and funds to sustain then by all means but many don't, including myself.

Sad thing is, you could slowly build your wealth and lose it all in just a few days of getting "tilted".


You can easily prevent that by setting a stop loss. It's not that hard making a few $100 a day by swing trading. As I said, you do need to know what you are doing.
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January 13, 2019, 11:58:16 AM
 #16

We already know that gambling is not a source of income but a source of devastation and depression. Why gamble if you can put your money earned in the bank?
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January 13, 2019, 12:18:44 PM
 #17

We already know that gambling is not a source of income but a source of devastation and depression. Why gamble if you can put your money earned in the bank?

Bank interests are low and you can't just deposit a few hundred bucks. Also they're only withdrawable after 3 months minimum.

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January 13, 2019, 03:48:30 PM
 #18



My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.

The advice must be, gambling only what you can lose. Gambling is a fun way to spare time if you use the right judgment. You can't expect to quit jobs and gambling for living cause gambling in long term is profitable only for the house...

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January 13, 2019, 05:46:23 PM
 #19

In my view the problem from you is not how to set your minimum bets but your problem is you were thought you can able to recover your lost from your investment portfolio through gambling and this is your mistakes i think and never considering such as that because gambling is unpredictable although today you win but there is no guarantee you will win again tomorrow

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January 13, 2019, 06:07:38 PM
Last edit: January 13, 2019, 06:26:42 PM by raven7886
 #20

My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
Not just this one, any other strategy also will not pay your bill.
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