Does the changing value of BTC affect your decision to gamble in crypto casinos?

[Marvelockg]

Well! when Bitcoin’s value decreases, I actually go with the idea to play. Although it can be risky, I see it as an additional opportunity to profit. By being lucky (just for one minute) in games like slots, I believe there’s a chance to win and double the balance when BTC’s value rises again. Btw, I follow strict responsible gambling measures to avoid any bad surprises or feelings of regret.
You know, I might be right or wrong (since I’m not predicting the future) but I consider playing as an entertainment activity rather than purely a side hustle. How about you? does the fluctuating value of BTC sway your mood and influence your decision to gamble or not, and why

when you consider how small the fraction of the amount of BTC or any other coin you use in gambling is, you will know that it's not necessary to consider the volatile nature of Bitcoin while gambling. What has been a serious factor to be considered is if it's easy to gamble with Bitcoin as someone that's an holder who is just trying to build a good portfolio. The answer is still that your holding is your holding and shouldn't be same with what's happening with your gambling wallet. For your Bitcoin holding, you're conscious on how volatility affect the amount you've accumilation and might even consider buying when the market is low but that's not necessary when you're considering a gambling case. For gambling, you gamble at a very short period of time which doesn't really affect the amount you're using for your gamble. If you're Gambling with Bitcoin just before a game start and in the next two hours you should be done with the bet, does the price of Bitcoin really change within that two hours or so?

[dunfida]

Well! when Bitcoin’s value decreases, I actually go with the idea to play. Although it can be risky, I see it as an additional opportunity to profit. By being lucky (just for one minute) in games like slots, I believe there’s a chance to win and double the balance when BTC’s value rises again. Btw, I follow strict responsible gambling measures to avoid any bad surprises or feelings of regret.
You know, I might be right or wrong (since I’m not predicting the future) but I consider playing as an entertainment activity rather than purely a side hustle. How about you? does the fluctuating value of BTC sway your mood and influence your decision to gamble or not, and why

The key on here is that you should really be that dividing your funds on which there would really be those Bitcoin wallet which is really that intended for long term holds and there is that another wallet which is really that intended for gambling use. If you do mind much about Bitcoin price fluctuations then it would really be that something stressful on the moment that you have seen the price moving that much. Plus on the time that you would really be losing those precious Bitcoin then it would really be giving out that kind of feeling that could stress you out rather than on entertaining yourself on playing gambling. This is why it would really be that important that you should really be knowing on what are your dealing with. For me then spending up my Bitcoins in gambling then it would really be just that fine because on the moment that you would really be making yourself be mindful
about your Bitcoin spending then it would really be that stressful.

Its never been ideal that you should really be that doing your gambling activity for you to generate or earn more BItcoins because its never been that a good option for you to do so.
It is really just that for entertainment and not something as good or in compared with your are doing trading on which we know that it would really be that entirely be different.
This is why it would really be basing up on someones views and perceptions towards it.

[Strongkored]

True gamblers may not be affected by Bitcoin or crypto price conditions, especially if they are reluctant to use Bitcoin because they feel uncomfortable with the price, They can still use stablecoins or also use fiat to keep gambling, and I would prefer stablecoins while never using fiat in gambling so far, and actually with enough crypto choices it doesn't really matter anymore.

[LFC_Bitcoin]

Most reputable crypto casinos and sportsbooks allow you to gamble with USDT so the volatility of Bitcoin and other cryotocurrencies should not affect your gambling decisions.

Obviously if you bet with Bitcoin then when the price goes up you may have to adjust your stakes accordingly.

[bakasabo]

Actually it is weird, but Bitcoin price increase affect my decision to gamble. For example I have deposited a round amount of $50, price grows and if next time I see my balance as $53, I would bet those $3. I consider it as a free money. But if the price goes down and I have a balance, I usually wait when it reaches price back. Otherwise, I consider that I am in a loss already without even playing.

[cabron]

True gamblers may not be affected by Bitcoin or crypto price conditions, especially if they are reluctant to use Bitcoin because they feel uncomfortable with the price, They can still use stablecoins or also use fiat to keep gambling, and I would prefer stablecoins while never using fiat in gambling so far, and actually with enough crypto choices it doesn't really matter anymore.

Its very possible the reason why some users are using altcoins to bet because whichever the price of BTC goes, it affects the decision to use it while using just a stablecoin is perfectly easier to do the accounting when its stable. I can only assume people who sold their BTC when the price hits the ATH, moved to stablecoin and then constantly just DCA the price fluctuates. But this must depend to the personality of the gambler. Some are just risk takers and will wager more BTC to make more BTC.

[Cantsay]

How about you? does the fluctuating value of BTC sway your mood and influence your decision to gamble or not, and why

Nope, it doesn’t extract me in anyway - if the price of bitcoin fluctuates like this I tend not to gamble or make deposits with my bitcoin instead I use my normal fiat to deposit that way I won’t have to worry if the units of bitcoin is too much or not since I’ll just be gambling with my normal money while my bitcoin will be chilling in my wallet without being tampered.

Another alternative would be to just deposit USDT directly, it doesn’t have to be “bitcoin” it could be a stable coin and if I should use a stable coin I won’t have to worry about price fluctuations too.

[Davidvictorson]

I can not think of it at all. I am just gambling with a tiny amount of money that I earn weekly. The last time that I bet which was last week on two matches in Portuguese league, I first use almost but not up to 4% of the money that I earned that week. The second match was with less than 2.2% of the money that I earned that weekly. I do not think of it at all because I bet with just tiny amount that I can afford to lose.

You are quite a responsible gambler and since I have been reading your comments in the gambling discussion board, you have consistent in percentage of money used for gambling as well as your strategy. For me,  what I can say is that of is that, regardless of the type of crypto used what is important  is the individual gambles with money they can afford to lose, sticks with a budget , don't chase losses and others

[Rruchi man]

How about you? does the fluctuating value of BTC sway your mood and influence your decision to gamble or not, and why

I will advise any new investor in bitcoin who happens to be a gambler too that they learn to ignore the fluctuating value of bitcoins if they know that they do not yet have the hard skin to deal with the charts and the daily monitoring of the bitcoin movement. Monitoring the charts daily can lead to fear, uncertainty, and doubt in the new investor, and that can influence their behavior.

Old investors trust the process and understand where the value of bitcoin is headed. We are mostly not so much influenced by the charts and fluctuating value of bitcoin when we want to gamble; we understand the risk of gambling and always gamble responsibly.

[AprilioMP]

Gambling with Bitcoin I didn't do. In the crypto casino, the stablecoin that chose to gamble so I was not affected by the decline in Bitcoin prices with a gambling decision.
Bitcoin coins that are quite valuable for me that I regret if I use for gambling. In fact, I did not make Bitcoin as a trade asset but a long -term investment asset.
Fiat and Stablecoin that I made a currency for gambling. If I lose, I don't sacrifice Bitcoin.

[retreat]

How about you? does the fluctuating value of BTC sway your mood and influence your decision to gamble or not, and why

Bitcoin price fluctuations do not affect my gambling activities, since I use USDT in all my games. It may just be my preference, but I don't really like using Bitcoin in my gambling because I only focus on investing in it, not using it at all in my gambling. So whether the Bitcoin price increases significantly or not at all, it doesn't matter to me and has no effect on my gambling, I still play according to the funds that I have previously allocated.

[Wiwo]

Why should I care about the impact of bitcoin value decree on my gambling ability, this doesn't have anything to do with me because most times when a gamble on cryptocurrency casinos, what I use is USDT which is best for now because of the high fees to transact to a casino, or to withdraw same.

 Ut with USDT all that I need to do is to spend less than $1 to credit my casino account and gamble with it and if and when I win, I withdraw same to my exchange and then convert it to bitcoin if bitcoin is what I want to hold the funds in as an assets.

[Lida93]

Well! when Bitcoin’s value decreases, I actually go with the idea to play. Although it can be risky, I see it as an additional opportunity to profit. By being lucky (just for one minute) in games like slots, I believe there’s a chance to win and double the balance when BTC’s value rises again. Btw, I follow strict responsible gambling measures to avoid any bad surprises or feelings of regret.
You know, I might be right or wrong (since I’m not predicting the future) but I consider playing as an entertainment activity rather than purely a side hustle. How about you? does the fluctuating value of BTC sway your mood and influence your decision to gamble or not, and why

If you have been a veteran gambler you should know that not all gambling site uses bitcoin in staking bets it's usually stablecoin  immediately you place your bet and peradventure you're lucky to win you are paid still  in USDT which bitcoin price fluctuations has no nexus with.

For anyone that's gambling for mainly entertainment purpose the price rise and fall of bitcoin plays no role in his gambling schedule. And very a few people uses bitcoin as gambling funds, many do prefer using stablecoin or fiat.

[yahoo62278]

I don't really see it as an advantage or disadvantage honestly. If you are gambling and winning big amounts it might matter, but gambling to win an extra $20 that might turn into $25 tomorrow seems like a silly gamble IMO. Making $200 that might be $25000 tomorrow makes it worth it.

You want to make sure you're doing it at a casino that turns your deposited balance into a dollar amount, not 1 that keeps your currency in the crypto you deposited in I think.

[Su-asa]

Well! when Bitcoin’s value decreases, I actually go with the idea to play. Although it can be risky, I see it as an additional opportunity to profit. By being lucky (just for one minute) in games like slots, I believe there’s a chance to win and double the balance when BTC’s value rises again. Btw, I follow strict responsible gambling measures to avoid any bad surprises or feelings of regret.
You know, I might be right or wrong (since I’m not predicting the future) but I consider playing as an entertainment activity rather than purely a side hustle. How about you? does the fluctuating value of BTC sway your mood and influence your decision to gamble or not, and why

If you are investing in Bitcoin there's not need to use part from it and gamble, instead of using your Bitcoin from your investment to gamble it would be good to use money from your fiat bank account and buy one of the altcoins and deposit into your bet account. While using part of your investment to gamble you will lose more and you won't get any profits from the investment.
Unless you are not using Bitcoin for investment before you can use it to bet. However if you are a real gambler that is always gambling the value of Bitcoin will not be your problem because you have experience worse situation.

[swogerino]

Well! when Bitcoin’s value decreases, I actually go with the idea to play. Although it can be risky, I see it as an additional opportunity to profit. By being lucky (just for one minute) in games like slots, I believe there’s a chance to win and double the balance when BTC’s value rises again. Btw, I follow strict responsible gambling measures to avoid any bad surprises or feelings of regret.
You know, I might be right or wrong (since I’m not predicting the future) but I consider playing as an entertainment activity rather than purely a side hustle. How about you? does the fluctuating value of BTC sway your mood and influence your decision to gamble or not, and why

I know that feeling but that can bring really really bad consequences especially playing slots because sometimes the bad luck can be so hard to swallow,lost after lost spin that you risk to fall prey to raging emotions which lead you to play even more.I know that you say yo practice strict responsible gambling but the only thing one cannot be sure is that as a human being we cannot always act great self control when playing gambling and in slot machines this is even more emphasized.

Personally though I prefer to play when the value of Bitcoin is up rather than when it is down as with 0.001 Bitcoin you can have now 60 dollars balance while when Bitcoin is 30.000 dollars that 0.001 is only 30 dollars thus playing less money in FIAT and lowering my chances to win in the long run.

[Slow death]

Well! when Bitcoin’s value decreases, I actually go with the idea to play. Although it can be risky, I see it as an additional opportunity to profit. By being lucky (just for one minute) in games like slots, I believe there’s a chance to win and double the balance when BTC’s value rises again. Btw, I follow strict responsible gambling measures to avoid any bad surprises or feelings of regret.
You know, I might be right or wrong (since I’m not predicting the future) but I consider playing as an entertainment activity rather than purely a side hustle. How about you? does the fluctuating value of BTC sway your mood and influence your decision to gamble or not, and why

In my case, I stopped using Bitcoin in my bets, and it wasn't because of the price fluctuation, it was because I saw that the transaction fees were a little higher. I've been putting little money into my bets, so even if the price of Bitcoin fell or rose a lot, it wouldn't make much difference to me. For example, I bet $5 on a game with odds of 5.00 ( multibet ) while the price of Bitcoin is at $60,000. If the price of Bitcoin fell to $30,000, I would be left with $2.5, so I would only lose $2.50. It's not a big loss. Now, if I were a big bettor, something like someone who bets $1,000, I would only use USDT. Currently, I only use USDT to place my bets.

Personally though I prefer to play when the value of Bitcoin is up rather than when it is down as with 0.001 Bitcoin you can have now 60 dollars balance while when Bitcoin is 30.000 dollars that 0.001 is only 30 dollars thus playing less money in FIAT and lowering my chances to win in the long run.

Playing when the price of Bitcoin is very low becomes a good advantage when the person manages to hit a large multiplier and wins a lot and then hodls until the price of Bitcoin goes up a lot and converts it to USDT and then that person starts playing with USDT. For example, you play with 0.001 BTC when the price of Bitcoin is at $30,000, then 0.001 = $30, you play at a 10x multiplier and get it right, you end up with 0.01 BTC = $300. Then you hold the 0.01 BTC until the price goes up a lot and you sell at the top. Something like selling at $60,000 and with that your 0.01 BTC would be worth $600, you convert everything to USDT and take out 30 USDT and play. When the price of Bitcoin is very low, I play with Bitcoin because I see an advantage if I win my bets and wait for the price of Bitcoin to rise a lot.

[Stalker22]

Yes, I agree. Who really knows how the crypto market will go next.  Im no fortune teller! But to me, playing once in a while, as long as it stays fun and I have control, seems like an okay cope when Im seeing some red in my portfolio.  We all need ways to let off steam in between the highs and lows.  No judgment on how others do it! For now this strategy feels alright for me helps pass the time when my assets dip down.  As always though, keeping things moderate and walking away when needed, thats crucial.

[khiholangkang]

Well! when Bitcoin’s value decreases, I actually go with the idea to play. Although it can be risky, I see it as an additional opportunity to profit. By being lucky (just for one minute) in games like slots, I believe there’s a chance to win and double the balance when BTC’s value rises again. Btw, I follow strict responsible gambling measures to avoid any bad surprises or feelings of regret.
You know, I might be right or wrong (since I’m not predicting the future) but I consider playing as an entertainment activity rather than purely a side hustle. How about you? does the fluctuating value of BTC sway your mood and influence your decision to gamble or not, and why

Where do you believe that when the price of bitcoin fluctuates then there is a chance to get a win on the slot game? is it effective and influences the chances of winning, have you ever won in such a way?

I personally don't care about the increase and decrease of BTC and even alternative coins to gamble or not, I gamble based on myself whether or not I want to gamble at that time, even when the price of BTC has decreased significantly like a few days ago, I prefer to calm down because my assets have decreased rather than gambling and making my emotions disordered.

[Hispo]

Well! when Bitcoin’s value decreases, I actually go with the idea to play. Although it can be risky, I see it as an additional opportunity to profit. By being lucky (just for one minute) in games like slots, I believe there’s a chance to win and double the balance when BTC’s value rises again. Btw, I follow strict responsible gambling measures to avoid any bad surprises or feelings of regret.
You know, I might be right or wrong (since I’m not predicting the future) but I consider playing as an entertainment activity rather than purely a side hustle. How about you? does the fluctuating value of BTC sway your mood and influence your decision to gamble or not, and why

Yes, Actually when the price of Bitcoin seems to be going though a increasing trend I am less likely to use Satoshis to wager in my favorite casino games, as I am in the expectation of my money to continue to increase, so I would not like to spend it on anything, not even use it as wager in order to roll dices or spin slots. Though, I must say, I would not affect much how I would feel like when comes to sportbetting. If there are some interesting tournaments going on, in which I would like to have a stake in and the Bitcoin price still increases, I am still likely to toss some Satoshis in there and see if luck favours me with my choice on the team.

In general, I have a personal perception people are more likely to gamble using stablecoins and volatile coins when they are suffering from a downtrend un their prices, what traders would call "local bottom".