My 2 cents

[avikz]

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.

Gambling is never an investment! It is a way of entertainment for adults. For investments, you should have looked at setting up your own mining rigs or something similar to that sort. You got it wrong from the beginning.

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.

$50k!!! That's rich mate!! You have lost almost half of my mortgage value. You could have just converted back those bitcoins into fiat and set up your own business or invest that amount to traditional bank deposits to earn interest. However, all is well that ends well! I am happy that you learned the truth but in hard way!

[pixie85]

$50k!!! That's rich mate!! You have lost almost half of my mortgage value. You could have just converted back those bitcoins into fiat and set up your own business or invest that amount to traditional bank deposits to earn interest. However, all is well that ends well! I am happy that you learned the truth but in hard way!

And that's not all. From what I understand he lost money on his investment first and then tried to make it up by gambling and lost 50k there. It could be a 100k total loss from investment and gambling. I could only dream of such money and if I had it I'd probably be too scared to invest or gamble with it. That would be like my lifeline that I'd be afraid to cut. I hope he will find a way to earn it back.

[Oceat]

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.

It will never pay your bill especially if you quit your job which is your last hope but then again who am I to judge you. Most important is that you choose to change and willing to change just for the sake of your family and yourself.

Martingale strategy doesn't really give you a good outcome especially if your luck is too low and it doesn't always go the way you want it. You may win today but you will never be going to win twice using the same strategy.

[TheNewAnon135246]

Gambling should never be a source of income, unless you are a profesionnal poker player. Most chance games like slots etc. aren't designed for gamblers to win. They are designed to make you feel like you could win. It's an overused slogan but in the end the house always wins.

[btc_angela]

I'm sorry to hear your story mate. I guess it really boils down on how to manage and control our self in gambling. Been there, lost a lot and almost devastated my relationship with everyone around me. But one day I just snap and decided to quit gambling. I'm back playing again though, but I've change a lot and learn how to control and talk to myself specially if I'm on a losing streak. Hope though that you can recover, might be hard in the beginning, but I'm sure you can do it.

[maydna]

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.

Sorry to know your loss, but I am glad you realize that it's your fully mistake and you learn to forgive yourself. At least, you get the important lesson from gambling itself, and you can try to forget the past, trying to make a new life with your wife, ask her to forgive you and promise never be like what you did before. Everything will change as you start a new life with your family, and don't forget to search new jobs and remember to not expecting more in the gambling game because you already have the bad experience in the past.

[swogerino]

I am sorry for your loss but it is your fault because you made some bad decisions. Crypto has never been stable and quitting your job for it wasn't a good idea. It is good that you have learned to forgive yourself but now you need to find a good daily job and forget about bitcoin gambling for a while at least.

[Pmalek]

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.

You are right about everything you said. But the problem is that inexperienced traders think they have what is takes to be full time traders just because they bought bitcoin or an altcoin a few years ago and then the prices exploded. So, they want more and decide to take up full time trading without the proper knowledge or guidance.

[Siren]

This is just my two cents on bitcoin gambling.
.

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

Lol why not just advice people to totally stop betting and just focus in their job.so they won’t have your failure and for sure sooner will be losing wife and children because of just a bad and stupid move

I am sorry for your loss but it is your fault because you made some bad decisions. Crypto has never been stable and quitting your job for it wasn't a good idea. It is good that you have learned to forgive yourself but now you need to find a good daily job and forget about bitcoin gambling for a while at least.

Year right,thats the most stupid action when someones get attached in cryptocurrency,quitting a job because they thought crypto is a gold mine.and the hardest thing here is OP got addicted to gambling while he has no work at all

[carlfebz2]

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

This isn't an advice but rather a warning or tips about how gambling can potentially mess up your entire life.For bitcoin or crypto investment then you aren't the only one
who got rekt when the entire market goes down to hell.Even myself loss huge bigtime but I didn't even make or include on my option to gamble just to patch up my losses.
Yes, it can possibly break even but if not then it would really make things even more worst.

[crzy]

I am sorry for your loss but it is your fault because you made some bad decisions. Crypto has never been stable and quitting your job for it wasn't a good idea. It is good that you have learned to forgive yourself but now you need to find a good daily job and forget about bitcoin gambling for a while at least.

This is the thinking of every addict gambler, because they thought gambling will make a good fortune for them. Its a big mistake to let go of your stable job and depend on gambling. I’m just happy to see you fighting and still alive, and its good that you share you bad experience in this forum and encourage every gambler not to take much risk and know how to control yourself.

[goaldigger]

Quitting your permanent job is the last thing you will do on a career. This is why a job is your foundation in life because it will support your wrong decision on investment. Sorry for your lost but this thing cant be help. Frankly, you lose double than what you know. Why? Because

First, as you said the figure $50k is your loss.

Second, the bitcoin you bought on peak are now has super negative in value.

[Betwrong]

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.

That's martingale. It may work for some time, but everybody here knows that it can't work forever. I wish you knew it before you started gambling. Also, most likely no other gambling strategy will pay your bill too. On the bright side, it's good you've learned your lesson, and you are never going to repeat the mistake. The fact that you've lost over $50k means that you knew how to earn the money, and that's a good thing because most likely you will be able to make that amount again. Do it. Good luck!

[Dreamchaser21]

Gambling should never be a source of income, unless you are a profesionnal poker player. Most chance games like slots etc. aren't designed for gamblers to win. They are designed to make you feel like you could win. It's an overused slogan but in the end the house always wins.

Let’s learn from this experience, he made a mistakes to depend on a riskier way of earning which is gambling. Making this as a source of income is a great way for you to experience bad things in life, and that’s what happen to the OP. Hoping for a fast recovery of the OP, we can always make money let’s not give up life.

[Naida_BR]

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.

I hope 50k was not an amount of money that will risk your life. And i hope you can make yourself up again and quit gambling.
You made some wrong decisions, I thought as well that Bitcoin is something that I should devote my time to, but now I can see that at this period of time it is only a way to get some side income. Believe in yourself that you can quit gambling and don't play dice anymore and you will make it.

[veleten]

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.

that is one sad story
but I've heard it more than once in different variations
people should not take gambling as a way to earn money or recover their losses
this is entertainment, andrenalin, but it can ruin your life easily
I know a guy who sold his house and got divorced because of his gambling habbit
he is living in a rented flat with two more people and struggles to pay his bills
just because he thinks that luck will turn around one day and he will get it all back ... sigh

[Juggy777]

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.

Hey that’s a really sad story of yours, but as harsh it may sound the blame lies with you no one else however that doesn’t mean it’s end of the world for you. I would advise you to read this book called you can heal your life by Louis Hay, and believe me you’ll see 100% positive results in your life. I also believe this story proves the time proven lesson for all the gamblers out there, never play what you can afford to loose and quit while you’re ahead.

[shoreno]

Gambling should never be a source of income, unless you are a profesionnal poker player.

i dont think that pro poker players will treat gambling as a source of income  because even pro's cant always win at all times  though they are more skilled and the have a high chances of winnings compared to other normal players .

Most chance games like slots etc. aren't designed for gamblers to win.

yes they arent designed to give us a stable income because they are designed only for entertainment and also to give us an encentive for playing  .

Making this as a source of income is a great way for you to experience bad things in life

we dont need to gamble just to experience bad things because we did actually experience it on our everyday life .

we can always make money let’s not give up life.

yes money isnt really important  to give up because we can still earn it .

[coinplus]

I had a similar story while I was engaged as well, thankfully it wasn't that much of amount and thankfully I didn't needed the money since it was earned rather than bought so I felt not that bad about it but it really helps you get your life together.

When you lose a big amount of money in gambling that becomes your wake up call, there is always this moment where you lose all of your money and you have no more money to actually follow the loss and you have to give a break not because you are smart and that is the right thing to do but because you lost all your money and even if you want to continue chasing the loss there is no money to chase the loss anyway so you stop involuntarily. That stop because of a huge loss is the moment almost all addicted gamblers actually have time to clear their thoughts and stop gambling.

[omonuyak]

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.

Hope many of the gamblers learn from this and not trying to be addicted to gamble. Many investors and gamblers has lose their job, relation and peace of mind because of what has happened to them through gambling. Please used your sense and prioritize what is important to you.