Does the market influence your bet?

[Peanutswar]

Actually there are many people who loves using Bitcoin to gamble while there are others who do use other altcoins to gamble. I want to know in a situation like this where the market is extremely low, or has loose a lot percentage. Do you still care to use Bitcoin to gamble or you wouldn't use Bitcoin anymore due how much percentage of you have lost and probably when using BTC you are also attributing to your lost or you don't care about how low the price of Bitcoin could be while using it to gamble, and Or do you prefer switching to altcoin like stable coin or TRX just to make sure you secure your holdings?

I do really care about the price of the bitcoin when it comes I do playing gambling like previously what happend in the market on the casino I have approximate of 100$ on my wallet in bitcoin and but during this market crash I ended up lossing approximate of 30$~ in just a market down fall and imagine when I do bet is I already lose few bucks so if ever there's a chance I would like to have a stablecoins to gamble such as USDT and USDC if ever but seems most of my funds are into bitcoin right now so still good to use for an ease transaction just sadly seen market down even funds in the casino.

[Taskford]

Actually there are many people who loves using Bitcoin to gamble while there are others who do use other altcoins to gamble. I want to know in a situation like this where the market is extremely low, or has loose a lot percentage. Do you still care to use Bitcoin to gamble or you wouldn't use Bitcoin anymore due how much percentage of you have lost and probably when using BTC you are also attributing to your lost or you don't care about how low the price of Bitcoin could be while using it to gamble, and Or do you prefer switching to altcoin like stable coin or TRX just to make sure you secure your holdings?

I do really care about the price of the bitcoin when it comes I do playing gambling like previously what happend in the market on the casino I have approximate of 100$ on my wallet in bitcoin and but during this market crash I ended up lossing approximate of 30$~ in just a market down fall and imagine when I do bet is I already lose few bucks so if ever there's a chance I would like to have a stablecoins to gamble such as USDT and USDC if ever but seems most of my funds are into bitcoin right now so still good to use for an ease transaction just sadly seen market down even funds in the casino.

This is why sometimes I like to deposit using stable coin, because I don't want to deal with volatile movement of Bitcoin. Since looking at the value might give us unnecessary stress and instead of winning people looking at value think that they are losing especially if the price of Bitcoin dumps.

Many people provably think that way and this is the reason why lots of people talk about that USDT and other top alts is much ideal option when they like to spend on casinos.

But everything really depends on people and how high their risk tolerance to deal with such situations.

[sunsilk]

While it's not limited to the locals in that country, we can also spend USD if we've got and have some of the cryptos we're willing to bet into fiat or go straight directly to gamble with it.

Stable coins are an option when the market is going up or down drastically. Or shifting to a casino that accepts fiat money.

But most gamblers as I have seen, will continue to play whatever be the change in market because they are deeply involved in regular playing and not observing the market price changes. Often they are unaware of what is going on in the market.

Prices should dictate how players gamble to maximize the capital they can play with, but impulsive gamblers dont have time for that.

There are some gamblers that are very sensitive when the market changes and that also determines their activities depending to what they hold.

But it's true and I agree that there are those gamblers that have never been affected by any drop of prices by the entire market especially with Bitcoin.

They'll gamble no matter what the situation is but, for the best options. We've got stable coins and fiat depending on what we're comfortable in using.

[Pandu Geddon]

There are some gamblers that are very sensitive when the market changes and that also determines their activities depending to what they hold.

But it's true and I agree that there are those gamblers that have never been affected by any drop of prices by the entire market especially with Bitcoin.

They'll gamble no matter what the situation is but, for the best options. We've got stable coins and fiat depending on what we're comfortable in using.

When there is an exciting match to bet on, how could you miss it just because of changes in market conditions? Some adjustments might be made, and some are even willing to take the risk by betting with the Bitcoin they own. Because if they win, it could increase the Bitcoin they have. But we also need to consider the amount being wagered. With the same budget, we might be spending more Bitcoin under the current conditions. So consider it carefully. Betting using stable assets or fiat might also be an option.

[sunsilk]

There are some gamblers that are very sensitive when the market changes and that also determines their activities depending to what they hold.

But it's true and I agree that there are those gamblers that have never been affected by any drop of prices by the entire market especially with Bitcoin.

They'll gamble no matter what the situation is but, for the best options. We've got stable coins and fiat depending on what we're comfortable in using.

When there is an exciting match to bet on, how could you miss it just because of changes in market conditions? Some adjustments might be made, and some are even willing to take the risk by betting with the Bitcoin they own. Because if they win, it could increase the Bitcoin they have. But we also need to consider the amount being wagered. With the same budget, we might be spending more Bitcoin under the current conditions. So consider it carefully. Betting using stable assets or fiat might also be an option.

Well, if you're a die hard fan of that match and you like to bet on. It's your choice to put up some of your holdings or at least take a little from it just to bet on with that exciting match.

We're all different towards the approaches we apply on this market and how we bet. If it seems an important match, we'll do everything we can for it.

But sometimes, we can analyze that it's not worth to take when it's all about the holdings that we've put so much effort and time in it.

[Fredomago]

There are some gamblers that are very sensitive when the market changes and that also determines their activities depending to what they hold.

But it's true and I agree that there are those gamblers that have never been affected by any drop of prices by the entire market especially with Bitcoin.

They'll gamble no matter what the situation is but, for the best options. We've got stable coins and fiat depending on what we're comfortable in using.

When there is an exciting match to bet on, how could you miss it just because of changes in market conditions? Some adjustments might be made, and some are even willing to take the risk by betting with the Bitcoin they own. Because if they win, it could increase the Bitcoin they have. But we also need to consider the amount being wagered. With the same budget, we might be spending more Bitcoin under the current conditions. So consider it carefully. Betting using stable assets or fiat might also be an option.

Most of the time those who are willing to take the risk no matter what's the conditions inside market are those who likely don't care about the current price, they are aware that they just wanted to play and have that enjoyment or if they are aiming to win thy will just put their bets and there's nothing that thy need to worry, but those who are also monitoring the current amount, the situation right now may give them somehting to consider especially if the budget that they allocated is in form of fiat.

[passwordnow]

but if in sports betting I think it will not be a problem, therefore I am in budgeting in stablecoins before buying other coins to bet in the casino.

We receive our weekly from the campaign with a stablecoin and that's making us skip the pain of the market when it drops. Because it is stable and we're free to use it either with sports betting or any casino games. What really influences most of us is our flexibility with our funds. It won't matter if it's in bitcoin for as long as you afford to lose that, that's the important one. But the advantage is with those who gambles with stable coins like for me in USDC when I do my sports betting. I won't mind what happens to market as long as I've dropped my bets.

[|MINER|]

We receive our weekly from the campaign with a stablecoin and that's making us skip the pain of the market when it drops. Because it is stable and we're free to use it either with sports betting or any casino games. What really influences most of us is our flexibility with our funds. It won't matter if it's in bitcoin for as long as you afford to lose that, that's the important one. But the advantage is with those who gambles with stable coins like for me in USDC when I do my sports betting. I won't mind what happens to market as long as I've dropped my bets.

I would like to agree with your opinion that if we get payment on the bitcoin because of its volatility some times it fluctuate its price and we got loss even sometimes it higher than 5$ but I would also have to say the truth here that in some times we also have profit even that goes high to 3$ and I face this kinds of profit many times as well the loss also but if we make their average then I don't find much difference in long run but in short time you will see only the losses.

[passwordnow]

We receive our weekly from the campaign with a stablecoin and that's making us skip the pain of the market when it drops. Because it is stable and we're free to use it either with sports betting or any casino games. What really influences most of us is our flexibility with our funds. It won't matter if it's in bitcoin for as long as you afford to lose that, that's the important one. But the advantage is with those who gambles with stable coins like for me in USDC when I do my sports betting. I won't mind what happens to market as long as I've dropped my bets.

I would like to agree with your opinion that if we get payment on the bitcoin because of its volatility some times it fluctuate its price and we got loss even sometimes it higher than 5$ but I would also have to say the truth here that in some times we also have profit even that goes high to 3$ and I face this kinds of profit many times as well the loss also but if we make their average then I don't find much difference in long run but in short time you will see only the losses.

It's okay if that's the only difference and that is only a small amount because that's how it is. So for those who receive their payments in Bitcoin, you're free to choose either to convert in stable coin or leave it as is and then you gamble with that. While the difference isn't that much but there are preference that each satoshi must be kept and held and that's why they're choosing to gamble with other cryptos while keeping the sats.

[Hazink]

I do find it hard to give up these precious sats when the time is here to accumulate more of them! Hopefully we will all win in our betting. I still need to place my super bowl bet!

We are all going to win by trying to keep what we hold. That's winning for me, and not trying to risk it by trying to multiply it through gambling. What was removed from our portfolio was value, not Sats. Those who are trying to increase because they see a reduction don't really know what they are after. The best way is usually to accumulate more instead of spending at this point in time.

[AmoreJaz]

If the market is very low, many gamblers of Bitcoin begin to think differently. Using BTC in time of dip may feel like a double loss: you lose worth from price drops and risk losing coins through gambling. Because of that, a lot of persons bend towards stablecoins or low volatility coins like USDT or TRX to separate price risk from betting risk. They handle Bitcoin as a long term hold and gamble with what is more stable. Some do not care about swings of price and view Bitcoin as a tool for payment purely, instead of an investment at that time. Practically, users who is aware of risk prefer stablecoins in bear markets to secure their holdings and filter emotions out of their decisions of gambling.

If you are using other alts not btc, maybe. Also, you need to think of the value that you are using to bet because we know that if you are in need of funds, when you use it for betting, it is like you need to treat it as a loss already.
And regarding the question that if the market influences my betting. I believe, not so much. Because I always have that allocated budget for betting, so no matter what is happening to the market. I knew for myself that I only need to use this amount of money, nothing more than that. If I exceeded, it should only be not that significant. So for me, it doesn't affect much as I already know how much I can really spend in gambling even without knowing the market conditions.