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Author Topic: Snipie's gambling investment test  (Read 6447 times)
stadus
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July 19, 2020, 07:28:31 AM
 #181

That is such a risky investment but at least you are handling it well. More losses might lead to bigger results at the end so I guess I only have the choice to wish you well.
There is no such thing as non risky in the crypto space, investing in a casino for me is even less risky compared to buying and holding a coins, or participating in IEO.

You can also try investing on other Gambling assets like being an sponsor to Gambling websites if that is possible.
Sponsor how? I think that entails huge money.

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July 19, 2020, 08:45:44 AM
 #182

That is such a risky investment but at least you are handling it well. More losses might lead to bigger results at the end so I guess I only have the choice to wish you well.
Compare to other types of investment, investing in gambling sites is surely risky but that would be better for me than just holding my BTC.
Can someone who are still invested in Yolodice share some of their profits/losses Smiley I'm watching the chart and right now it is sideways so the profit/losses from investors are not that much.

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July 19, 2020, 08:50:19 AM
 #183

That is such a risky investment but at least you are handling it well. More losses might lead to bigger results at the end so I guess I only have the choice to wish you well.
Compare to other types of investment, investing in gambling sites is surely risky but that would be better for me than just holding my BTC.
Can someone who are still invested in Yolodice share some of their profits/losses Smiley I'm watching the chart and right now it is sideways so the profit/losses from investors are not that much.

This would be interesting to see as also I think considering some of the whales winning it recently many of this investor have lost the amount and have closed their potions just to avoid further loses. So, if any existing position is still open then would be nice to check their progress.
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July 19, 2020, 10:42:59 AM
 #184

In addition to the charts, you can monitor the numbers below to see how many joined or retracted from investment.
Since I am monitoring my share in the bankroll, it is today 0.005280% while it was 0.005301% a few days ago. So at least for bitcoin, the invested amount is rising a little.
I don't know about the other coins but LTC investors seem to have a huge losses with approximately -200 LTC lost from the bankroll!
Trying to estimate, it is -2.14% losses!
Meanwhile doge investors are enjoying greenish days after a long time red.

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July 19, 2020, 09:20:55 PM
 #185

This is some bad luck to encounter such a loss at the start of your investment. I too have been in such situation a few times, but in the long run it's all green. I've been keeping 0.1 BTC in YOLOdice since not long after they launched, and to this day I got 0.034 BTC profit. 34% in 3 years is pretty good. Maybe the profits now will be different, because this times the conditions are different - there are no more leverages, but still in the long run we can't lose.
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July 20, 2020, 05:04:00 AM
 #186

This is some bad luck to encounter such a loss at the start of your investment. I too have been in such situation a few times, but in the long run it's all green. I've been keeping 0.1 BTC in YOLOdice since not long after they launched, and to this day I got 0.034 BTC profit. 34% in 3 years is pretty good. Maybe the profits now will be different, because this times the conditions are different - there are no more leverages, but still in the long run we can't lose.

I would consider 34% in 3 years as very good!
Thats about 11% a year, I would be pretty happy with a return like that!

Thanks for sharing a long term invesment result!
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July 20, 2020, 10:47:07 AM
 #187

This is some bad luck to encounter such a loss at the start of your investment. I too have been in such situation a few times, but in the long run it's all green. I've been keeping 0.1 BTC in YOLOdice since not long after they launched, and to this day I got 0.034 BTC profit. 34% in 3 years is pretty good. Maybe the profits now will be different, because this times the conditions are different - there are no more leverages, but still in the long run we can't lose.

I would consider 34% in 3 years as very good!
Thats about 11% a year, I would be pretty happy with a return like that!

Thanks for sharing a long term invesment result!
Yea interesting although I expected a little bit bigger number, something between 40 - 50% after 3 years, ~15% yearly, but apparently I am exaggerating!
With the actual trending and after 1 month and a half, +5% ROI this year will be more than enough tho Roll Eyes

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July 20, 2020, 11:03:31 AM
 #188

With the current trend its a win win situtation if you end up in profit at all!  Cheesy
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July 20, 2020, 11:30:11 AM
 #189

This is some bad luck to encounter such a loss at the start of your investment. I too have been in such situation a few times, but in the long run it's all green. I've been keeping 0.1 BTC in YOLOdice since not long after they launched, and to this day I got 0.034 BTC profit. 34% in 3 years is pretty good. Maybe the profits now will be different, because this times the conditions are different - there are no more leverages, but still in the long run we can't lose.

I would consider 34% in 3 years as very good!
Thats about 11% a year, I would be pretty happy with a return like that!

Thanks for sharing a long term invesment result!

Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. '

like this one, a casino is on exit scam - https://bitcointalk.org/index.php?topic=5262521.0

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July 20, 2020, 12:37:23 PM
 #190

Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. '

like this one, a casino is on exit scam - https://bitcointalk.org/index.php?topic=5262521.0


Yeah but you cant really compare them two sites.
Of course there will always be that small risk but BetBit already had shady activities.
The ratings of that site were already bad before the went out dark and stole funds...

Of course its important to be sure where you invest and keep an eye on the site!
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July 20, 2020, 01:26:54 PM
 #191

With the current trend its a win win situtation if you end up in profit at all!  Cheesy
Hahaha, nice comment. In fact it is win - better than losing situation lol.
Without a positive ROI, there is no need to continue tho, and without +5% ROI this year better to reconsider the strategy imo  Sad

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July 20, 2020, 02:53:06 PM
 #192

Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. '

like this one, a casino is on exit scam - https://bitcointalk.org/index.php?topic=5262521.0


Yeah but you cant really compare them two sites.
Of course there will always be that small risk but BetBit already had shady activities.
The ratings of that site were already bad before the went out dark and stole funds...

Of course its important to be sure where you invest and keep an eye on the site!
I think every gambling always has the most important risk is your courage to face it and of course everything requires a clear and relaxed mind, gambling with a cool head is more convincing and of course if an investment that is always watched by your eyes will only make you tired, look for a good investment place and not make you monitor every day.

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July 20, 2020, 10:16:39 PM
 #193

Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. '

like this one, a casino is on exit scam - https://bitcointalk.org/index.php?topic=5262521.0


Yeah but you cant really compare them two sites.
Of course there will always be that small risk but BetBit already had shady activities.
The ratings of that site were already bad before the went out dark and stole funds...

Of course its important to be sure where you invest and keep an eye on the site!
I think every gambling always has the most important risk is your courage to face it and of course everything requires a clear and relaxed mind, gambling with a cool head is more convincing and of course if an investment that is always watched by your eyes will only make you tired, look for a good investment place and not make you monitor every day.

You'll be able to relax and keep calm if you trust yourself and you trust the site you are investing with your money.
Also, it's very important that you know the risk and accept that you can lose money, that way, you'll not be surprise once you lose with your investment.

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July 20, 2020, 10:26:34 PM
 #194


You'll be able to relax and keep calm if you trust yourself and you trust the site you are investing with your money.

Very important before dealing with this kind of investment, you need to know more about the sites and the purpose of your investment,
you can have a calm mind if you do believe in the integrity of the site you are investing
your money.

Also, it's very important that you know the risk and accept that you can lose money, that way, you'll not be surprise once you lose with your investment.

From each investment there's always risk that you needed to manage, handling it in the right manner will allow you to keep moving
forward without any worries, take the risk and once luck dictate your destiny
you'll be able to harvest decent success.
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July 20, 2020, 10:37:43 PM
 #195

Not in crypto investing or investing in a bankroll, we never know when a casino will go dark, that's part of the risk, so no long term, unless we know how to diversify our funds and I like to emphasize that 34% in year is good for me, if I can invest a decent amount, if not , no. '

like this one, a casino is on exit scam - https://bitcointalk.org/index.php?topic=5262521.0


Yeah but you cant really compare them two sites.
Of course there will always be that small risk but BetBit already had shady activities.
The ratings of that site were already bad before the went out dark and stole funds...

Of course its important to be sure where you invest and keep an eye on the site!
I think every gambling always has the most important risk is your courage to face it and of course everything requires a clear and relaxed mind, gambling with a cool head is more convincing and of course if an investment that is always watched by your eyes will only make you tired, look for a good investment place and not make you monitor every day.

You'll be able to relax and keep calm if you trust yourself and you trust the site you are investing with your money.
Also, it's very important that you know the risk and accept that you can lose money, that way, you'll not be surprise once you lose with your investment.

Things that should really be considered first before you do make out on-site investment.We do really need to stick up on those gambling sites which had been trusted and legit ones.

When it comes or talks about risk then its always there because theres no investment that do accompanied without any risk.

Take this for example on where op did really had those reds or negative which shows that not all the time gambling house investment is always on the green side.

R


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July 21, 2020, 03:08:25 PM
 #196

If we have that kind of mentality, what happened in short term should not excite or worry us since it's expected that casinos will profit in the long term as long as they have the gamblers that are consistent in playing, red now or green now are just temporary, the result for long term is most likely GREEN.

Precisely what I try to tell myself,,, but emotionally, we are prone to keep checking "in case" and when we see red, like I did every week on my YD investment, I then just divest, win back what I lost in investment, and then put it all back. I know I should not worry because long term it is ALWAYS going to be good (just a matter of when).

Or we can say it's just a matter of discipline.

Fighting your emotion when you are investing is hard as your emotion could likely win, and you'll be able to make decision that you might regret.
When you have a plan/s, you need to ensure you'll be able to implement that, that's how simple it is. But I understand that inside of us there are some urge to always check the result until we get tempted to do things that are already out of plan. As they say, try and try until you succeed, and I would say you are investing at the right platform, so just master it and you'll eventually succeed.
This is why plans are important, the plan is there to remind you why you are doing this on the first place, in the heat of the moment it is easy to forget your strategy and even doubt it and think it is a bad idea, but if you have made your research and you know it works then you will be less likely top deviate from the plan and make profits, but this is something very difficult to do as it forces you to go against your nature and only a few persons can do something like this.
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July 22, 2020, 04:15:48 AM
 #197

Updated the table.
There was a positive trend this week compared to the previous two with approximately 10k satoshi earned so the deficit is now slightly less than 50k satoshi.
What is most important in my opinion this week is the share in the bankroll, it dropped significantly meaning they are people who invested a considerable amount and trusting the positive wave!

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July 22, 2020, 05:17:56 AM
 #198

This is good news for all the investors as this week has help them to reduce the losses compared to previous week. But still it looks like this will take some time unless a big whale loss in between which can help you to come into positive returns in coming time.

There will always be whales coming in and all it needs is a bit of luck on the investors side!  Cheesy
As snipie said there was also a rise in the Bankroll, so the trust is there and some big investors see a potential rise in their investment!
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July 22, 2020, 09:03:12 AM
 #199

If we have that kind of mentality, what happened in short term should not excite or worry us since it's expected that casinos will profit in the long term as long as they have the gamblers that are consistent in playing, red now or green now are just temporary, the result for long term is most likely GREEN.

Precisely what I try to tell myself,,, but emotionally, we are prone to keep checking "in case" and when we see red, like I did every week on my YD investment, I then just divest, win back what I lost in investment, and then put it all back. I know I should not worry because long term it is ALWAYS going to be good (just a matter of when).

Or we can say it's just a matter of discipline.

Fighting your emotion when you are investing is hard as your emotion could likely win, and you'll be able to make decision that you might regret.
When you have a plan/s, you need to ensure you'll be able to implement that, that's how simple it is. But I understand that inside of us there are some urge to always check the result until we get tempted to do things that are already out of plan. As they say, try and try until you succeed, and I would say you are investing at the right platform, so just master it and you'll eventually succeed.
This is why plans are important, the plan is there to remind you why you are doing this on the first place, in the heat of the moment it is easy to forget your strategy and even doubt it and think it is a bad idea, but if you have made your research and you know it works then you will be less likely top deviate from the plan and make profits, but this is something very difficult to do as it forces you to go against your nature and only a few persons can do something like this.

plans are usesless if your still deciding on your own or out your plans  . if that is the case then we shouldnt tire our self making such plan but infact we people can decide more easily without a plan  .

 thats what i observed before when i was investing because im also a person that cant sleep without checking my assets   .  no im not saying your going to follow me but its still up to you , see if what worked better and stick to it  . goodluck all to those who invest here
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July 22, 2020, 02:02:06 PM
 #200

What is most important in my opinion this week is the share in the bankroll, it dropped significantly meaning they are people who invested a considerable amount and trusting the positive wave!

In my opinion it is very bad news. More investors = less profit for us. The worst part about that is that it hit you after loss so recovery will be much harder. The same happened to me on my doge investment.



p1. Investment
p2. Share drop (just like yours)
p3. Yolodice is on huge profit since my investment while i'm still recovering.

I've started my investment in 13.05. According to yolodice profit chart yolodice earned close to 5 mln doge since than.
50% of it should go to investors - 2.5 mln DOGE that goes to 80 mln DOGE in investments (+3% for investors since 13.05). How is it possible that i'm on 0.016% loss?

Answer to this question is  - share drop after whale win big.
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