Topic: Bitcoin Gambling Investments - page 36. (Read 47265 times)

The price of bitcoin right now are keep decreasing.. from 900 from yesterday and now.. but about investment in betking i can say there is many reviews and good result in betking and i think it can be profitable if you are investing a large number of bitcoin but if you are just invested a small amount there is possibility that your investment can be drain fast.

Yup, those two sites are giving good returns from the beginning and betking also. This is a good time to invest if you have coins in your wallet because the price is also high and you will get all information regarding for these sites. You don't need to take any risk just follow this thread and make a profit. I will refer this thread if anyone interested in investment. Good luck OP.

lol what are you saying on here? Can't just write more "normally" without enter in each of your short post?
Based from lastest update from OP about his investment, safedice and cryptogames is the best place for invest our money. (i believe if betking.io still running until now, they would be on #1 place). Especially in Cryptogames, OP get steady profit since he invest on there.

where is reputable gambling site, is big wager
if invest in there can get good return
if youre op write is the best in crypto-game.net

Some big variance in KingDice but largely due to the small bankroll at the moment. Seems my investment there has swung to positive already

FYI, investment option in gambling sites already applied since long time ago, say Justdice when they were used BTC (2013). Investment in gambling sites also has risk, you couldn't expect you'll always get profit if you're invest in gambling sites.

I think this is a good thing, when many people confuse determining investment, then the existence of gambling that can accept bitcoin is a very good thing. Fo currently gambling is not just gambling but we can use it as an investment.

When someone wins, actually the bankroll gets lower and that is the most appropriate time for someone to put in more investment so that means the other investment got dilutted and even when the highroller lose , the shares wont be as high as the expectation so it actually work best in long term if you keep pouring money in

I was looking at the logs for large bets and one guy is hammering 4 btc on his bets each time and winning.  I would guess most of these operations dont throw that kind of payout and not require a few weeks to recover from overall business, that is why they need the backers


Well I said that with my cryptsy royalty shares, I did get back my money.  I do wish I had withdrawn a little more over time as well, it was only a small holding so fees made it awkward.  No big deal I guess, I was even to slightly ahead with btc rising.  That was with speculative gains, investment wise we know cryptsy failed to do its job right and there is a risk with centralised holdings always to remember

Well, when a high roller is playing he can either win some or lose some, short time. But the important is that most of times, its the long term that matters, if you see what i mean 

when an investment is good and it is returning good profit for you, there is absolutely no reason in the whole world other than needing the money for pulling your money out of that investment. so if it is good then keep it there until you get your initial amount out from profits and then you can put your mind at ease and enjoy the additional money you earn.

Apart from the risk of putting your cash into one central site this seems quite smart thinking and basically a proper investment.    Any site which collects its value centrally is more risky then the distributed nature of bitcoin normally but then the money is being used, makes more sense then keeping cash in an exchange in that way.  Most of us would probably do better with this system then trying to trade on exchanges, depends on the person though I guess.
Do all these sites link through to the setup for this kind of scheme

Latest Weekly returns!

Enough is enough is probably the right term when it comes to divesting, there is no reason to keep it further and hope that it will give you more profit in the future when you think that you had enough. Some people just dont know when to stop when it is enough and instead trying to push some luck into it and ended up failing

No one in this whole world can advice when is the right time to disinvest. We should book some profits whenever we think it is made some profit and can again re-enter into any investment. Becasue we don't know the future so anything can happen and for that no need to regrat and you may get better option to invest that money. Good luck to you...

I do the same with my affiliate commission sometimes. It's a problem.

Hehe not a bad move and when I usually do this ( though my investment are small ) I just end up gambling away the divested amount hence its good to have a lock funds period sometimes

No investment is "always safe", stupid.

Still no losing month, nice   I was making great returns on crypto-games until I foolishly decided to divest.  Then, with the balance just sitting in my account...

Kasabus stated in his post "It's always safe to invest in a casino."  That statement is nonsense and is terrible advice to give to anybody thinking of starting out investing in a casino no matter what way you try to sugarcoat it.

The first point that you make saying "Casinos shutting down and leaving with everybodies money. This is a very real and obvious risk"  this agrees that it is NOT ALWAYS SAFE to invest in a casino.  Keeping your Bitcoin in your own wallet and being in control of your own private keys is much safer although does not offer the same potential reward.

Your second point of Whales/High rollers cleaning out casinos only being relevant to small sites is not one that I would agree with either. If you read back through this post you will see that Safedice lost a huge portion of its bankroll in the past as a result of one huge bet by huggermugger.  https://bitcointalksearch.org/topic/m.14439004 Also the OP had a big loss on his investment with Bitvest earlier in this thread.  This resulted in him ending his investment in bitvest.   So again this contradicts Kasabus statement that "It is always safe to invest in a casino."

In your third point you say "All though I'm not very sure of what to gain from hacking a forum" ....Neither am I, and I am not really sure why you brought that up because nobody here is talking about investing in a forum. However large casinos and dice sites have been hacked in the past and could be again in the future.  Here is one that springs to mind (The attack on Primedice by Hufflepuff) https://www.hackread.com/gambling-site-hacked-bitcoin-stolen/

So again, saying that "It's always safe to invest in a casino." as Kasabus did is terrible advice to give to somebody thinking of investing in casinos.
All investments carry risk.  We may be able to reduce this risk through various factors like smart decision making and careful research but we can not eliminate it.

If any investment was "always safe" then everybody would be doing it.