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Author Topic: Cutting my gambling costs to Invest some of it on the Alt and Meme Coins.  (Read 151 times)
Belarge
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March 30, 2024, 09:49:07 PM
 #21

That’s actually a good thing

Too much gambling can be bad so you cutting it short and instead investing it on something much more profitable such as crypto is good. I hear the sentiment of bitcoin being super expensive however its returns can still be very high


I know it's not a good decision to be in the market without having plans to bag a coins, what's the need? I precisely learn the importance phases that comes first in the system. We have projects to invest, why settle for gambling when we both can explore in our various races. I'm staying and learning new basis about the system, just grab good hold of these projects and brings in the necessary room. Too much gambling will definitely lead to no more trends and we become versatile and overfamiliar with them.

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March 30, 2024, 09:55:51 PM
 #22

Why I can only afford to invest in the highily volatile AltCoins and the MemeCoins is that the tokens are cheaper to purchase in a lot of quantities unlike bitcoin that's very expensive. Although it's agreed that one can invest on bitcoin with any amount of money but comparing the fractions or quantity, bitcoin is more quality and expensive.
So I'd only Invest on these Meme and the Alt Coins with my at stake funds supposing to be funded on my gambling. So I'd rather skip or cut my gambling stakes so that I can alternate it to Invest of the unreliable Coins which I'd also say to be it's highily risky to be sighted as gambling too.
Bitcoin is indeed very expensive, but that doesn't mean you have to buy 1BTC. But you can do whatever you like as long as it meets the minimum transactions on a particular exchange. However, if the meaning is with a small nominal value, then it is possible that the profits will also be small, this might make sense. especially if this time reaches the bullish era with new ATH again. Maybe it could be that if it was bearish at the start, it would be more valuable now.

Actually, if we talk about investment in altcoins, especially in meme coins, isn't that actually high risk? Do you really understand how to optimize investment in meme coins? Because many are indeed top gainers from meme coins, but that is actually risky because many people are too late to enter joining the party. Meanwhile the party has ended. So, if you enter when coin hype is at its peak, just be prepared to take risks.

The point is, wherever you invest, make sure you understand when to get in and out. understand what you are going to invest in. Don't regret your decision, that's why, be careful.

R


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March 31, 2024, 03:05:01 AM
 #23

Everyone can't afford to buy Bitcoin but everyone can buy memecoins as they are cheap. Investing in meme coins has a lot of risk than buying Satoshi. DCAing is another option to invest in Bitcoin which anyone can afford to do. Still if you want to take the road of meme coins then you can but do remember you can lose all of your investment in one go in meme coins.

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March 31, 2024, 03:50:18 AM
 #24

Why I can only afford to invest in the highily volatile AltCoins and the MemeCoins is that the tokens are cheaper to purchase in a lot of quantities unlike bitcoin that's very expensive. Although it's agreed that one can invest on bitcoin with any amount of money but comparing the fractions or quantity, bitcoin is more quality and expensive.
So I'd only Invest on these Meme and the Alt Coins with my at stake funds supposing to be funded on my gambling. So I'd rather skip or cut my gambling stakes so that I can alternate it to Invest of the unreliable Coins which I'd also say to be it's highily risky to be sighted as gambling too.
Let me start by saying that just as gambling is risky, so is investing in unreliable meme coins. Even then invest the amount with maximum risk (i.e. the amount you can lose) and if you are lucky you can definitely get huge returns from here. Currently this bull season has got the highest returns by investing in meme coins. Roughly speaking, this season is the season of meme coins. But since you have reduced the gambling to investing in meme coins you have done a very important thing. Because if you were to regularly participate in gambling now, you would have a high tendency to become addicted and if you become addicted, it would be a serious loss in your life.

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March 31, 2024, 04:58:01 AM
 #25

Why I can only afford to invest in the highily volatile AltCoins and the MemeCoins is that the tokens are cheaper to purchase in a lot of quantities unlike bitcoin that's very expensive. Although it's agreed that one can invest on bitcoin with any amount of money but comparing the fractions or quantity, bitcoin is more quality and expensive.
So I'd only Invest on these Meme and the Alt Coins with my at stake funds supposing to be funded on my gambling. So I'd rather skip or cut my gambling stakes so that I can alternate it to Invest of the unreliable Coins which I'd also say to be it's highily risky to be sighted as gambling too.
While gambling is very risky, investing in meme coins and altcoins is much less risky than gambling. You invested in gambling and your loss not recoverable. But when investing in coins, even if the value of the coin goes down for a period of time, it has the potential to rise again. I think the decision to withdraw from gambling is a good one. If you are lucky you can earn a lot in the future even by investing in meme coins. If Bitcoin is expensive for you then you can choose top alt coins. In picking meme coin many times you may not take entry in the right coin, but if you start investing by picking coins from top altcoins hopefully you will get entry into reliable coins and you will earn good profit if you hold for long term in future.

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March 31, 2024, 05:42:31 AM
 #26

Why I can only afford to invest in the highily volatile AltCoins and the MemeCoins is that the tokens are cheaper to purchase in a lot of quantities unlike bitcoin that's very expensive. Although it's agreed that one can invest on bitcoin with any amount of money but comparing the fractions or quantity, bitcoin is more quality and expensive.
So I'd only Invest on these Meme and the Alt Coins with my at stake funds supposing to be funded on my gambling. So I'd rather skip or cut my gambling stakes so that I can alternate it to Invest of the unreliable Coins which I'd also say to be it's highily risky to be sighted as gambling too.
I just hope that you know what you are getting into, investing in an altcoin that is not part of the group with the highest market cap will bring you a lot of risks and you may fail to realize the benefits you are looking for, so while cutting on your gambling costs so you can use that money to invest is a good idea, your sacrifices could be in vain if you happen to select the wrong coins and they do not grow at all during the next bull market.

Apparently before I'd pick my interested projected coins, I must surely do research and consult about it so I'd be kinda sure that I'm Investing on an inventory with the potentials to bring profit returns.
I've also made this decision being meant that I'm also facing different phases of gambling that's why I'm cutting my gambling costs to diversify it of the Alt and Meme Coins where I can also get quick profits as gambling could also offer.
But if eventually it falls on the trend and dumps projects, so be it too. That's the game that I've already made my mind up with.
I chases winning in the gambling at times and not just funs so, if my aim with investing in the Alt and Meme Coins fails then I'd accept it as also part of the gambling which I already made in mind to diversify.

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March 31, 2024, 06:42:36 AM
 #27

So I'd rather skip or cut my gambling stakes so that I can alternate it to Invest of the unreliable Coins which I'd also say to be it's highily risky to be sighted as gambling too.
Cutting your gambling stakes to invest in memes is gambling too. You're still on the same game, only that the operational narratives aren't the same. Investments in memes are nothing short of gambling. They can easily crash  and come to zero overnight.

Let’s say for example you can only invest $500 every 2 or 3 months, you are still building an investment strategy that way.
I know you're hypothetical on this but isn't that way off an assumption? I don't know how many people who can afford that amount within that space of time and who would want to invest such in Bitcoin and wait couple of months to earn something substantial from it. In the past, that amount in Bitcoin would mean generational wealth but today, I'm not sure it can give X5 ($2,500). Can it? Those who invest in memes are looking for that generational wealth with even less of that amount. Yes, I know it's more risk than investing in Bitcoin but I'm just trying to share a perspective why they do it.

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March 31, 2024, 10:11:33 AM
 #28

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You don't need to buy large quantities in the first place though? Amount (of the coin) isn't really a limiting factor when it comes to investing in crypto. It does influence the amount of profits you get but that's par for the course. Sure, altcoins give off more potential in terms of profits, it's not impossible for your money to grow 2x or more in a couple of weeks or months, but it is rather dumb to count your profits when it hasn't happened yet lol.

Granted in this case though I think any sort of investment is better since it comes from funds you use to gamble.

R


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March 31, 2024, 01:07:40 PM
 #29

Everyone can't afford to buy Bitcoin but everyone can buy memecoins as they are cheap. Investing in meme coins has a lot of risk than buying Satoshi. DCAing is another option to invest in Bitcoin which anyone can afford to do. Still if you want to take the road of meme coins then you can but do remember you can lose all of your investment in one go in meme coins.

Yeah you got it right just as much as I thought. Not every can afford to buy bitcoin but everyone can actually buy bitcoin the question is that can you be afford to be contented to hold on to the little of the fraction you bought with the little fund of you? We know that the more we accumulate in bitcoin is the more we stand the chances to make more profits so how would your emotion feels if the little fraction of the bitcoin you bought that give you tangible profits? That's just the point of anyone affording to buy and not affording to buy bitcoin else anyonce can actually buy bitcoin.
But talking about the MemeCoins, the little money invested on bitcoin which only had the the chances to buy such little fractions of bitcoin can equally give you the chances to buy huge amount of the MemeCoins and by so, if you're lucky to make profits alongside then you're sure of walking progressively to your success.

@Bureau, I already made my mind up in investing in this Memecoin and I'm also aware of the dramatic potentials which could have you a game over with your funds lost. I'm a gambler and I already made up my mind that it's part of my gambling exercises so, I'd take every moments of it likely and tolerable in applying my gambling State of minds on it. Either lost of gain is my expectations on the race.

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March 31, 2024, 04:03:18 PM
 #30

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So I'd only Invest on these Meme and the Alt Coins with my at stake funds supposing to be funded on my gambling. So I'd rather skip or cut my gambling stakes so that I can alternate it to Invest of the unreliable Coins which I'd also say to be it's highily risky to be sighted as gambling too.
Well, I guess I can assume that you're a hardcore gambler, eh.

Instead of investing all of your gambling funds into a top coin like Bitcoin or Ethereum, you choose to invest it into meme coins and other risky coins out there. Well, it's kind of a gambling like you said, but I guess your chances of winning when you're investing instead of just gambling your funds is a bit higher.

I guess you know the risks of it already, so good luck with your investment journey, and I hope that you will get profits in your meme coin investment. Meme coins are very risky for me, that I don't want to put so much money into it. You said that you're a gambler as well and it seems that you don't want to invest into top coins because of the lower potential profits. Maybe can you share the meme coins that you're planning to invest your money with. Smiley

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March 31, 2024, 06:02:02 PM
 #31

it could be a good way by cutting your gambling allocation for more profitable investments if you find altcoins and memecoins quite hype.
You need to be careful and do an analysis before investing. Gambling will also only cost you money on games that you will never win easily or bets that always fail. I'm not even too happy gambling and focus more on Bitcoin and altcoin investments.
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