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Author Topic: Damn it I just lost all my bitcoins  (Read 3303 times)
junshong
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Hi!


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June 01, 2014, 06:28:24 AM
 #61

Never bet what you cannot afford to lose.

ahmedjadoon
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June 01, 2014, 06:41:35 AM
 #62

I feel sorry for you.I guess that's why gambling in prohibited in my religion Islam.

Oh really? I didnt know gambling is religion specific.

So what happens if you are from Islam, american born raised and you gamble? do you go to hell or something?

Or is it more of a shame on your kind of thing.
Gambling, drinking etc are prohibited due to self harm and other evils associated with them and Islam is same for all its followers living everywhere in world.
sj2199
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BBOD fast, non-custodial & transparent Exchange


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June 01, 2014, 06:46:21 AM
 #63

i also lost 0.1btc gambling but thank  god ,a power cut saved my rest of money

beetcoin
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June 06, 2014, 07:21:42 PM
 #64

i made a bet with keithers.. so i may have lost .1 btc. but it's okay, i can deal with losing that. that's the mentality i think the OP should adopt.
leepsteer00
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June 07, 2014, 12:35:46 AM
 #65

Never bet what you cannot afford to lose.
Totally agree with that. Unless you have plenty of money waiting to be given out to the casino.
snaildvorak
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June 07, 2014, 02:03:22 AM
 #66

read this story https://bitcointalk.org/index.php?topic=137.0
I'm sure you will feel much better  Smiley
bitbaby
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June 07, 2014, 02:28:58 AM
 #67

So I just lost all my btc saving (1.6 btc) by gambling, in about a half hour. I lost just a little bit, and of course I gambled a little more trying to make it back. I lost even more, so I started putting even more to try to make up. Eventually I found myself down to .4, and I put it all down, and thought maybe I would double my money, and just stop at .8.

Well I lost that too, so now I am completely broke. I feel like such a schmuck. I honestly don't feel that I have a problem with gambling (probably have maybe 3-4 hours of online gambling experience under my belt) and one trip to Atlantic City, where I spent 50 bucks (which was "fun money" that I already figured was spent). I've never done anything so foolish before!

Now I'm flat broke. Like I have 5 dollars in my wallet, and that is it.

I don't really know where I'm going with this, I just feel like a jackass Sad

Why were you gambling when you already had 1.6 BTC? you should have just hodled it. what strategies were you playing with?

Ron~Popeil
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June 11, 2014, 08:41:39 AM
 #68

So I just lost all my btc saving (1.6 btc) by gambling, in about a half hour. I lost just a little bit, and of course I gambled a little more trying to make it back. I lost even more, so I started putting even more to try to make up. Eventually I found myself down to .4, and I put it all down, and thought maybe I would double my money, and just stop at .8.

Well I lost that too, so now I am completely broke. I feel like such a schmuck. I honestly don't feel that I have a problem with gambling (probably have maybe 3-4 hours of online gambling experience under my belt) and one trip to Atlantic City, where I spent 50 bucks (which was "fun money" that I already figured was spent). I've never done anything so foolish before!

Now I'm flat broke. Like I have 5 dollars in my wallet, and that is it.

I don't really know where I'm going with this, I just feel like a jackass Sad

Why were you gambling when you already had 1.6 BTC? you should have just hodled it. what strategies were you playing with?

Chasing losses will always bit you. I have seen people dropping 10 btc bets on some of these sites.

DrG
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June 11, 2014, 09:42:04 AM
 #69

If you gambled it away wasn't it more like throwing it away rather than losing it since that's what ends up happening to gambling money in the end.  Having said that I lost $3.2K on a bad blackjack hand once.  I was counting on couple decks and I had 20 and dealer had 12... of course 21 shows up ...fuuuu
boumalo
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June 11, 2014, 07:11:08 PM
 #70

So I just lost all my btc saving (1.6 btc) by gambling, in about a half hour. I lost just a little bit, and of course I gambled a little more trying to make it back. I lost even more, so I started putting even more to try to make up. Eventually I found myself down to .4, and I put it all down, and thought maybe I would double my money, and just stop at .8.

Well I lost that too, so now I am completely broke. I feel like such a schmuck. I honestly don't feel that I have a problem with gambling (probably have maybe 3-4 hours of online gambling experience under my belt) and one trip to Atlantic City, where I spent 50 bucks (which was "fun money" that I already figured was spent). I've never done anything so foolish before!

Now I'm flat broke. Like I have 5 dollars in my wallet, and that is it.

I don't really know where I'm going with this, I just feel like a jackass Sad

If you never gamble more than you can afford in your life it will be a very cheap lesson; if you only do your big mistakes once you will become extremely rich and happy

Try to save again and buy some BTC and you will forget about this story

when it comes to gambling -- and i don't recommend it -- you need to have bankroll management. betting 1/2 or all your bankroll at once is a sure way to lose it all, every single time (because once you win once, twice or even a third time you will eventually lose it all)

If you play at a casino game, the more you play the more you expect to lose; no betting strategy is going to help your expected return, it can only help having more fun

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