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Author Topic: Advice for new comers  (Read 821 times)
Blitzboy
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November 07, 2023, 08:57:24 AM
 #61

Beginners in crypto gambling should never bet more than they can afford to lose.  I learned this the hard way by watching swings that would confuse a veteran trader. Crypto volatility magnifies gains and losses, making it a double-edged sword.

Then, skepticism is your best friend. Focus on whats real despite the noise. Is a platform reputable? Do their games prove fair? Transparency is everything. Many consider Stake.com top-tier since it meets all these criteria.

Remember that crypto gambling is a marathon, not a sprint. Maintaining pace is essential. Dont chase losses, because the house edge is a reality, and over time, it always has its way. Join the community, learn, and follow trends. And here in bitcointalk, we has a great user community, which is valuable.

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November 07, 2023, 09:06:54 AM
 #62

Before gambling, you should learn how to control yourself when gambling and to test it, you should make a deposit with smaller money and bet less, there is no need to rush with big money because it is important to control before gambling, there are lots of beginner gamblers or newcomers gamble irresponsibly and go beyond the limits so they become easily addicted and it is very dangerous because it is difficult to cure.

Apart from that, you also have to learn to control your emotions and greedy behavior because it is also not good to follow those feelings when gambling, always make gambling as entertainment to have fun because then there is no desire to win big, a healthy mindset will keep you from addiction and make sure you always limit your budget and gambling time to make it safer. One more thing, always make sure you play at a casino that has a good reputation on this forum  Wink

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November 07, 2023, 09:09:58 AM
 #63

What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?

Do not look at gambling as a source of income even if you manage to have that beginner luck that can give you some nice profit by playing first time into gambling.Second consider it as a source of entertainment and set a budget and stick to it no matter what happens,many people start to lose their head when they lose this set budget and they want to get it back by depositing more money chasing loses which will bring even more loses in 99.99% of cases.

If the newcomer stick to those simple rules nothing bad will happen to them,I and many others have learned the hard way to not chase losses and that is why I insisted as the most critical step to ensure a safe gambling experience.

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November 07, 2023, 09:22:56 AM
 #64

What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?

Do not look at gambling as a source of income even if you manage to have that beginner luck that can give you some nice profit by playing first time into gambling.Second consider it as a source of entertainment and set a budget and stick to it no matter what happens,many people start to lose their head when they lose this set budget and they want to get it back by depositing more money chasing loses which will bring even more loses in 99.99% of cases.

If the newcomer stick to those simple rules nothing bad will happen to them,I and many others have learned the hard way to not chase losses and that is why I insisted as the most critical step to ensure a safe gambling experience.
I very much agree with you, when it comes to advising newbies on how to stay safe in gambling, the easiest and fastest way I do it is to tell them to go read up everything about responsible gambling.
In responsible gambling, we already have all this mentioned rules like, setting limits, never to chase after loses, never to allow emotion to control ones decisions while gambling, gambling with only funds one can afford to lose and so on and so.

Gambling can be very entertaining, most especially when we are winning, this makes you to want to keep gambling forever and ever, but immediately the losing streaks sets in, anxiousness sets in as well desperation to end the losing streak and go back to the winning streak again also sets in, this is mostly the time when gamblers fail woefully in their self control, which is what drives some to start betting higher and higher amount expecting to win every thing they have lost, back all with a that single bet, but unfortunately for most, does strategy don't always end well.

This is why it is also very important that gambler must never stop being in control of him or herself.

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November 07, 2023, 09:23:31 AM
 #65

The best advice to new or old, crypto or fiat gamblers - lower your expectations and enjoy the game. Less important advice - think of money management and find an independent person that will watch your balance. , or just set limits on how much you can afford to lose. But never, never  make goals how much you want to win. This will lead to making extra bets. If you are gambling and winning, and your balance is 999,99, dont try to win that cent to make it 1k even and withdraw.

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November 07, 2023, 11:02:12 AM
 #66

What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?

Don't bite more than what you can chew, in gambling This means only play what you can afford to lose, it's a trap that you must try to avoid, if you can only afford to play and lose $50 in one session don't pour it all in one roll, break it down with the intention of you're only playing to have fun, an hour or two spent is already good, in that one or two hour you have already satisfy your entertainment cravings.

My second advice and also very important is to read the Terms of Service of the casino you're playing, you don't want your funds or winnings confiscated because you violated one of their terms, so check every FAQ and TOS of every casino you're playing, in case you win there will be no obstacles in withdrawing your winnings.

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November 07, 2023, 11:13:31 AM
 #67

Just don't go all in. Start with a small, manageable amount you can afford to lose. Think of it like dipping your toes in the water before diving in. Always do your homework on the platforms and go for the well-known and trustworthy ones. Avoid those shady schemes promising quick riches because they usually lead to disappointment. It's like finding the right party to hang out at and you want the one with a good crowd and positive vibes. There are a lot ot tips here in the forum. You will do well.  Smiley

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November 07, 2023, 11:26:04 AM
 #68

What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?
there is no other advice other than just gamble healthily using money you can afford to lose and always keep in mind that gambling is just entertainment.

and if you ask about crypto gambling which you think can make money, its the same as fiat gambling or offline gambling, there are no lessons whatsoever for making money from any type of gambling. you only need to register, make a deposit and bet.

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November 07, 2023, 12:07:20 PM
 #69

What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?

1. Do it use your MasterCard or credit card to gambling online, it only fuel your desire to gamble even more and it open door to getting addicted faster, people who do this ends up in debt and most can't even pay the debt back.

2. If you want to be a gambler make sure you don't use money that doesn't belong to you, don't go out and take loans or borrow money from people to gamble, people hardly get lucky using money that beings to someone else to gamble.

3. Only use money you are willing to lose, and if it's not a lucky day for you do not try to chase your losses, you will easily empty your balance chasing your losses, that's why in the first place you must always risk money you can afford to lose.

I don't have a lot of bad experience in gambling, because I am someone who learn really fast from their mistake, it doesn't take long for me to understand that as a gambler you will make the house to get richer than making yourself get rich, the house always win so that's why I don't take gambling extremely important, I just do it for fun.
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November 07, 2023, 12:39:21 PM
 #70

What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?

My only advice is do not spend too much time and money that you can afford to lose, always remember that gambling is for entertainment only if you deviate from these two you will likely develop addiction from a simple addiction it will grow to a chronic addiction that will lead to lose of money, a lot of money and ruining your relationship with your loved ones and possibly losing your job or livelihood, because those addicted in gambling do not listen to reason all they want is money so they can continue to gamble to satisfy their dopamine.
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November 07, 2023, 05:45:58 PM
 #71

What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?

My only advice is do not spend too much time and money that you can afford to lose, always remember that gambling is for entertainment only if you deviate from these two you will likely develop addiction from a simple addiction it will grow to a chronic addiction that will lead to lose of money, a lot of money and ruining your relationship with your loved ones and possibly losing your job or livelihood, because those addicted in gambling do not listen to reason all they want is money so they can continue to gamble to satisfy their dopamine.
That is sound advice for the beginner because by limiting his money and time, he can prevent himself from losing a lot he doesn't have to. He can learn from other gamblers who have lost a lot, so he doesn't have to experience the same thing. Gambling is entertainment, and if you get pleasure from gambling, you should immediately stop gambling and not return for several days. That will prevent you from experiencing loss, and no money will be lost at the gambling table. If he can always be careful with gambling, he won't have to worry about becoming addicted to gambling because he can handle it well. Don't experience problems in gambling because many have experienced it and cannot solve the problem.

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Mahanton
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November 07, 2023, 05:52:04 PM
 #72

What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?

1. Do it use your MasterCard or credit card to gambling online, it only fuel your desire to gamble even more and it open door to getting addicted faster, people who do this ends up in debt and most can't even pay the debt back.

2. If you want to be a gambler make sure you don't use money that doesn't belong to you, don't go out and take loans or borrow money from people to gamble, people hardly get lucky using money that beings to someone else to gamble.

3. Only use money you are willing to lose, and if it's not a lucky day for you do not try to chase your losses, you will easily empty your balance chasing your losses, that's why in the first place you must always risk money you can afford to lose.

I don't have a lot of bad experience in gambling, because I am someone who learn really fast from their mistake, it doesn't take long for me to understand that as a gambler you will make the house to get richer than making yourself get rich, the house always win so that's why I don't take gambling extremely important, I just do it for fun.

1. Using neither Debit or credit card then it would surely be a suicide. Never ever make yourself consider out on having this kind of option. It would really just make things
worst and its better to make use of the amount that directly form of fiat but of course it is really just that enough for that session.

2. Taking any loans or borrowing money for the sake of gambling activity? This is a solid sign that you are already addicted to it. Quit right away or having a break
once you are on such condition.

3. As always on which this is a primary rule not only on gambling but also in investment. Invest on what you can afford to lose.
Dont make yourself that too hasty with your decisions considering that every step does really count.

R


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November 07, 2023, 07:19:35 PM
 #73

What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?
Sharing our sad experience will only bring back our worst incidence in the system, however everything is in the past. Gambling results in both profits and losses, and we are held accountable for any outcome we encounter in the system. I've learnt the hard way, and I'm working on being a better version of myself. Newcomers should use caution while anticipating in gambling because what we expect is not always what the system depicts. Newcomers should only bet what they can afford to lose and avoid gambling with substantial amounts that will empty out their accounts.

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November 07, 2023, 07:31:22 PM
 #74

What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?

Crypto gambling is quite popular and there are so many crypto-affiliated platforms providing gambling sites. So you have to be more careful in choosing which gambling site you will visit, because the name of fraud in the gambling market is always there, starting from dodgy crypto gambling sites that do not allow you to withdraw your winnings and not to mention pishing scams that make you share sensitive information, and also other attempted fraudulent actions that are certainly very dangerous and can harm visitors.

Not only are you required to be more careful in choosing the gambling site you want to visit, but in playing gambling you are also required to have good self-control so that you will always be able to control the gambling activities you do. With good self-control, you will always be able to minimize the level of loss in your gambling. And you are also required to have sufficient knowledge of abilities and skills so that you can always increase the chances of winning.

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November 07, 2023, 07:45:46 PM
Merited by Peanutswar (1)
 #75

Just don't go all in. Start with a small, manageable amount you can afford to lose. Think of it like dipping your toes in the water before diving in. Always do your homework on the platforms and go for the well-known and trustworthy ones. Avoid those shady schemes promising quick riches because they usually lead to disappointment. It's like finding the right party to hang out at and you want the one with a good crowd and positive vibes. There are a lot ot tips here in the forum. You will do well.  Smiley
Best thing to do if you're playing in an online casino but if you're going on some casino, you can probably consider observation first to see how the games are played, how the players play and if you're lucky, how the winners play. I think that it's common sense to avoid those schemes, didn't the Led Zeppelin said that all that glitters isn't gold? If something is just too good of an offer, there's probably a catch that's a total disadvantage to you. I can't really add any new advice since most of the advice that a newcomer should know is probably said already, I guess I just have to say that you should just enjoy gambling and never make it too serious.

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November 07, 2023, 07:47:52 PM
 #76

My advice will be more on discipline and responsible gambling as this has been the biggest challenge most gamblers have faced over the years gambling, if they could incorporate these two attitude into their gambling habit they will be better gamblers.

These two stated above will most likely help them have lesser Chance of becoming addicted as I'd they lack any of these or both, they stand a higher chance of becoming addicts in less than no time. Gambling can be folun but when not controlled and done with discipline one tends to become addicted and may start possessing some harmful habits resulting from their addiction as gambling it self does little to no harm.

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November 07, 2023, 07:53:04 PM
 #77

What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?

I don’t see any difference in crypto gambling and fiat gambling, just understand the basics which you should understand and everything is fine, make sure you always know your limit, try your possible best to avoid gambling addiction, always know your limit when gambling, and if you notice you are going beyond your limit, just stop gambling for that moment, gambling is not a place you should be expecting money from, if you have the mindset that you can make money from gambling, then you are getting everything wrong. Losing is normal in gambling, so when you are gambling and losing, just make sure you stop gambling, don’t even try to win back your lose when gambling, you will end up losing more money and regretting.

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angrybirdy
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November 08, 2023, 11:22:40 AM
 #78

Just don't go all in. Start with a small, manageable amount you can afford to lose. Think of it like dipping your toes in the water before diving in. Always do your homework on the platforms and go for the well-known and trustworthy ones. Avoid those shady schemes promising quick riches because they usually lead to disappointment. It's like finding the right party to hang out at and you want the one with a good crowd and positive vibes. There are a lot ot tips here in the forum. You will do well.  Smiley
Best thing to do if you're playing in an online casino but if you're going on some casino, you can probably consider observation first to see how the games are played, how the players play and if you're lucky, how the winners play. I think that it's common sense to avoid those schemes, didn't the Led Zeppelin said that all that glitters isn't gold? If something is just too good of an offer, there's probably a catch that's a total disadvantage to you. I can't really add any new advice since most of the advice that a newcomer should know is probably said already, I guess I just have to say that you should just enjoy gambling and never make it too serious.
also before new comers play in online casino, I suggest them to watch and to read other information about the casino site that they interested to play, they can even test out the game in a demo mode so that they will learn how it works. Do a background check to see if this is a legit and reputable online casino to prevent them from scammers since there are many unscrupulous operators out there who are looking to take advantage of newcomers... 100% agree on you, for all new comers, Just enjoy the gambling and always think that you play it for fun.



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Rainbot
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bisdak40
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November 08, 2023, 11:27:55 AM
 #79

What advice do you have for newcomers diving into the world of crypto gambling? Any lessons you learned the hard way that you'd like to share?

If only you can avoid gambling then avoid it lol.

Gambling for me is not for fun as losing money in the process is not fun at all so my advice is the basic, "gamble only the the money you can afford to lose". And if you already lost that money, don't chase it and gamble on another day when you have again money that you can afford to lose as we seldom win in gambling, that's my experience.

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November 08, 2023, 04:29:40 PM
 #80

Just play for fun and no matter how much your mind wants to chase losses and hope that you will win, follow your set principle on how long you're going to gamble. In fact, when the time that that kind of stuff is ringing through your head (chasing losses), that's probably a good time to stop gambling even if you still have any remaining funds for your gambling session for that day. Trust me, when the lose streak comes, it's inevitable that you're going to see more losses because you're having more and more problems thinking straight because you want to win so bad.
If he only play for fun he will never have that kind of thinking of chasing his losses because when we play for fun, we will only lose small amounts or those amounts that we can only afford to lose easily. But if he already started playing for profit, he can move on to your second suggestion. That is, again, he shouldn't ever think of chasing his losses.

Many of us already experience it and the result is always going to be unpleasant. Sure some get lucky for a while but it will only make you more greedy where you will play again because you said to your self that you don't have any losses anyway but losses will come eventually. Things are only repeating like we are in a loop.

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