GAMBLING SITE INVESTMENT

[Ryker1]

Well, there is nothing to worry about your 10 weeks investment because all are doing fine and the profit or ROI was still there.
You still have a profit even we are on downtrend moment. It seems it is tempted me to invest somehow as well because it is sure you will see your profit without worrying about loss, --it almost convinced me now to find gambling sites that offer investment.
Indeed, I still following your thread for further information on gambling investment. Let us see on the next week where it goes your profit, continue down or it will up. Good luck!

[btcltcdigger]

So here's my update for week10!!

This is the update for Yolodice:        

This is my total profit for:          

BTC: 0.00284983   
USD: 165.8
PHP: 8,180   



Here's the spreadsheet:




BTC dropped and same as the investment itself, it's a loss this week but still we are in a good run! 

What are your thoughts this week?  

I've been in for 4 weeks now, and i can't really say i've had your luck on yolodice.
I mean it's not bad, but nowhere near your numbers, as you can see here

[Oilacris]

After two months of investment, the amount that you have earned in Bitcoin is still good compared to earning nothing when kept in a wallet. I think if you keep it there for a year the BTC profit should look good.

Yeah, you are right but always put up on your mind about the risk involved when investing on the house itself but it isnt really a bad choice to invest even
returns arent really that big.

BTC dropped and same as the investment itself, it's a loss this week but still we are in a good run! 

What are your thoughts this week?  
[/center]

As long you do aim for btc then it wouldnt really matter much even if its fiat value would decrease.Its still a gain on your part.

[freedomgo]

Well, there is nothing to worry about your 10 weeks investment because all are doing fine and the profit or ROI was still there.
You still have a profit even we are on downtrend moment. It seems it is tempted me to invest somehow as well because it is sure you will see your profit without worrying about loss, --it almost convinced me now to find gambling sites that offer investment.
Indeed, I still following your thread for further information on gambling investment. Let us see on the next week where it goes your profit, continue down or it will up. Good luck!

5.69% of ROI for 10 weeks is a good return of investment already, that's around 2% profit per month, with bigger investment, you will feel the profit.
Let's say you invested 5 btc, then you will get at least 0.125 btc per month or equivalent to 1,179 usd per month, that's a good return, right?

[Reid]

Wow! Yatsan.
That is super cool.

I didn't imagine it could go way that far for 10 weeks without doing anything.
I hope I started earlier too.
There is not much risk since these gambling sites are trusted, specially Yolodice. 

Looking forward to seeing more updates.
This will boost more of us into investing and playing in our supported gambling sites.

[snipie]

5.69% of ROI for 10 weeks is a good return of investment already, that's around 2% profit per month, with bigger investment, you will feel the profit.
Let's say you invested 5 btc, then you will get at least 0.125 btc per month or equivalent to 1,179 usd per month, that's a good return, right?

It depends actually from the coins invested in and how much bankroll share you have. For example people investing in Doge are losing their money right now after they were in profit, of course this could change at a later stage. BTC and LTC seems quite stable for the first moment but who knows in the future.

[Natalim]

5.69% of ROI for 10 weeks is a good return of investment already, that's around 2% profit per month, with bigger investment, you will feel the profit.
Let's say you invested 5 btc, then you will get at least 0.125 btc per month or equivalent to 1,179 usd per month, that's a good return, right?

It depends actually from the coins invested in and how much bankroll share you have. For example people investing in Doge are losing their money right now after they were in profit, of course this could change at a later stage. BTC and LTC seems quite stable for the first moment but who knows in the future.

I think I would disagree with you, coins differences are does not affect the chances of winning, let's just say some people are lucky that time but we know games in a casino are meant to give them favors, so maybe look at the long term performance than short term.

[snipie]

5.69% of ROI for 10 weeks is a good return of investment already, that's around 2% profit per month, with bigger investment, you will feel the profit.
Let's say you invested 5 btc, then you will get at least 0.125 btc per month or equivalent to 1,179 usd per month, that's a good return, right?

It depends actually from the coins invested in and how much bankroll share you have. For example people investing in Doge are losing their money right now after they were in profit, of course this could change at a later stage. BTC and LTC seems quite stable for the first moment but who knows in the future.

I think I would disagree with you, coins differences are does not affect the chances of winning, let's just say some people are lucky that time but we know games in a casino are meant to give them favors, so maybe look at the long term performance than short term.

Yeah I should mentioned that I meant the short run investment +/- medium run. Obviously with long term investment, coins choice at a selected time will not be as relevant as in short term

[Yatsan]

- snip s

It seems that you have a bad start with DOGE, cheer up mate! If you are aiming for long term then, I think you will get it back in no time! 

Wow! Yatsan.
That is super cool.

I didn't imagine it could go way that far for 10 weeks without doing anything.
I hope I started earlier too.
There is not much risk since these gambling sites are trusted, specially Yolodice. 

Looking forward to seeing more updates.
This will boost more of us into investing and playing in our supported gambling sites.

Thank you! Don't worry I will continue updating this thread  Yolodice is indeed a good place to invest your spare bitcoins 

5.69% of ROI for 10 weeks is a good return of investment already, that's around 2% profit per month, with bigger investment, you will feel the profit.
Let's say you invested 5 btc, then you will get at least 0.125 btc per month or equivalent to 1,179 usd per month, that's a good return, right?

It depends actually from the coins invested in and how much bankroll share you have. For example people investing in Doge are losing their money right now after they were in profit, of course this could change at a later stage. BTC and LTC seems quite stable for the first moment but who knows in the future.

I think I would disagree with you, coins differences are does not affect the chances of winning, let's just say some people are lucky that time but we know games in a casino are meant to give them favors, so maybe look at the long term performance than short term.

Yeah I should mentioned that I meant the short run investment +/- medium run. Obviously with long term investment, coins choice at a selected time will not be as relevant as in short term

Coin choice will matter even in long run if you consider the price of it in fiat. Imagine you are winning the investment at Yolodice but you are losing the price of your coin in fiat, so in the end, it will ended-up breakeven or a loss.

[Botnake]

Coin choice will matter even in long run if you consider the price of it in fiat. Imagine you are winning the investment at Yolodice but you are losing the price of your coin in fiat, so in the end, it will ended-up breakeven or a loss.

Good explanation, therefore if I have to invest, I would choose bitcoin as it's the most stable coin in the market now.
I've seen altcoins which falls even 50% or more of its value in just a short period because of FUD, so that factor can also be considered when investing.

Not saying bitcoin could not fall at that rate too, it's possible, but the difference is that bitcoin is the most dominant coin in the market, if it falls it will certainly recovers as there's a lot of interest at stake from investors in this coin.

[LogitechMouse]

~

~

~

~

Coin choice will matter even in long run if you consider the price of it in fiat. Imagine you are winning the investment at Yolodice but you are losing the price of your coin in fiat, so in the end, it will ended-up breakeven or a loss.

I agree with this and this is probably my reason why I only investing in BTC right now in Yolodice.

LTC and DOGE are basing on the price of BTC so if BTC go down so these 2 will be too and worse if some whales won with a huge amount then your profit will be lost too in an instant.

~

~

I've seen it too in 2018 where all of the coins including BTC going down not only 50% and some of them didn't recover anymore which is a bad thing for altcoins

If you are quite conservative but if you want to invest in crypto then BTC is the best choice since more money are being put in BTC. I don't want to invest in LTC and even in DOGE TBH. I'd rather invest it into BTC or invest it into other investments .

[lienfaye]

Good to see this thread for Yatsan's journey on gambling investment.

Im interested to invest in gambling site as well so I have few questions.

What is the best gambling site to invest in and what is the minimum amount? 

[asu]

BTC dropped and same as the investment itself, it's a loss this week but still we are in a good run!  

What are your thoughts this week?  

Cool. A loss is always a part, that's fine because you're just getting started and as long as you aim for long-term there's not much to worry (probably).

What is the best gambling site to invest in and what is the minimum amount?  

Great question. If you're aware of this thread, you can see that there are two gambling casino s/he invested. On top of it, there are others as well posting their investment result and simply not the same result compare to yatsan.

I think the question should be what gambling site suit your needs to invest with. Bustadice has a 2% (dilution) fee and Yolodice seems doing great based on OP results.

Most likely the minimum investment would be 0.001-0.01 BTC or there are none.

[Maus0728]

What is the best gambling site to invest in and what is the minimum amount? 

This would help you in search for gambling site investments.
[Overview of all bitcoin casinos] Latest update: 14-03-19 VISIT NEW WEBSITE

Other Discussion
[1] https://bitcointalk.org/index.php?topic=5238582.0
As far as I know, there is no minimum amount of investment in Yolodice and i still haven't tried other investment site yet. Commonly, your question can be found on F.A.Q section of a a particular site, take note that the amount of investment will also varies.

[Natalim]

~

~

~

~

Coin choice will matter even in long run if you consider the price of it in fiat. Imagine you are winning the investment at Yolodice but you are losing the price of your coin in fiat, so in the end, it will ended-up breakeven or a loss.

I agree with this and this is probably my reason why I only investing in BTC right now in Yolodice.

LTC and DOGE are basing on the price of BTC so if BTC go down so these 2 will be too and worse if some whales won with a huge amount then your profit will be lost too in an instant.

Not only LTC and DOGE, all the altcoins are basing on the price of bitcoin, so it's not wise to choose altcoins if you are investing for long term since when you are investing in a casino, your main purpose is to see some profit and that you also believe that the coin your use in investing is the most stable coin in the market.

[Yatsan]

~

~

~

~

Coin choice will matter even in long run if you consider the price of it in fiat. Imagine you are winning the investment at Yolodice but you are losing the price of your coin in fiat, so in the end, it will ended-up breakeven or a loss.

I agree with this and this is probably my reason why I only investing in BTC right now in Yolodice.

LTC and DOGE are basing on the price of BTC so if BTC go down so these 2 will be too and worse if some whales won with a huge amount then your profit will be lost too in an instant.

Not only LTC and DOGE, all the altcoins are basing on the price of bitcoin, so it's not wise to choose altcoins if you are investing for long term since when you are investing in a casino, your main purpose is to see some profit and that you also believe that the coin your use in investing is the most stable coin in the market.

I am not saying LTC and DOGE will be a bad choice, you are just going to need a good entry point on those two. 


If you are going to check my first investment the price of bitcoin there is at 6k so it's a very good entry point! And the investment itself at Yolodice is just a addition to the profit itself.

But yeah, pretty much agree that almost all of the altcoin are also inclining on the bitcoin price itself. So if you consider investing choose the coin that have lowest risk of dropping and for me that's bitcoin. 

[adaseb]

Investing with alts such as LTC and DOGE are a double edge sword. They can double or triple and BTC can double and you basically can make 6x off your original investment instead of 2x. This is actualy why people keep waiting for "alt season" because they know that at most BTC "might" touch $20K and that's it. Best case scenario in short term is to double your money. But with alts you can leverage and buy some mid-cap alt which can 5x or so and then BTC might go up by 25% and you got a nice healty profit.

Issue is when to buy these alts. Basically many like XRP are hitting new lows against the BTC and people are losing their BTC which is actually rising in value. Hence as always its a calculated risk for many.

[xxjumperxx]

I dont think it would be a wise decision to invest with any other currency other than BTC.

All the altcoins are so tightly locked to Bitcoin... I mean if Bitcoin goes up, so do ALTs, Bitcoin goes down so ALTs, mostly harder.
So in case that does happen, you will be in race to get your ALTs out to sell them off.

[ethereumhunter]

Investing with alts such as LTC and DOGE are a double edge sword. They can double or triple and BTC can double and you basically can make 6x off your original investment instead of 2x. This is actualy why people keep waiting for "alt season" because they know that at most BTC "might" touch $20K and that's it. Best case scenario in short term is to double your money. But with alts you can leverage and buy some mid-cap alt which can 5x or so and then BTC might go up by 25% and you got a nice healty profit.

Issue is when to buy these alts. Basically many like XRP are hitting new lows against the BTC and people are losing their BTC which is actually rising in value. Hence as always its a calculated risk for many.

But I will say that it is difficult to find that altcoin. Maybe litecoin and dogecoin is the right altcoin to invest, but as we know, we have so many potential altcoins which we can buy at any time, and use it in the gambling website for the investment. But yes, it is better to select the popular altcoin and available on the gambling site to invest in choosing the other altcoin. If we talk about XRP, I think that coin has another chance to increase and back to the last time the highest price, but we don't know when it will happen.

[asu]

Investing with alts such as LTC and DOGE are a double edge sword. They can double or triple and BTC can double and you basically can make 6x off your original investment instead of 2x. This is actualy why people keep waiting for "alt season" because they know that at most BTC "might" touch $20K and that's it. Best case scenario in short term is to double your money. But with alts you can leverage and buy some mid-cap alt which can 5x or so and then BTC might go up by 25% and you got a nice healty profit.

Issue is when to buy these alts. Basically many like XRP are hitting new lows against the BTC and people are losing their BTC which is actually rising in value. Hence as always its a calculated risk for many.

I think you are talking about trading investment here, or you can enlighten us a bit more.
Don't get me wrong, but that's what I understand about what you've said.