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Topic: Bitcoin Gambling Investments - page 40. (Read 47265 times)

hero member
Activity: 742
Merit: 526
December 25, 2016, 07:12:31 AM
In every investment, we should fix a target for profit and loss. If you reach the loss target then you should consider coming out of that investment and time doesn't matter to it to reduce your further losses. But if you reach profit target than either you can withdraw everything or at least book some profit and can continue with rest of the money.

I don't think it is possible or makes sense with gambling investments. Unlike trading, where you may lose or profit gradually, gambling investments are more like all-or-nothing kind of investment, though not strictly so. When a big whale loses or wins, you may see your investment get a handsome boost or suffer a dramatic slice. But does it mean that you should immediately withdraw your investment if your limits are reached or surpassed just because of a one-off event?
legendary
Activity: 1540
Merit: 1016
December 24, 2016, 06:55:28 PM
In every investment, we should fix a target for profit and loss. If you reach the loss target then you should consider coming out of that investment and time doesn't matter to it to reduce your further losses. But if you reach profit target than either you can withdraw everything or at least book some profit and can continue with rest of the money.

Whats the point of investment then if you cant stand the heat of it?? Every investment comes with a risk and if you want to set such thing then just go straight with trading instead of investing as that thing doesnt really suit with investing. It meant to actually goes to the higher limit everytime so it is not really necessary
klf
legendary
Activity: 1344
Merit: 1000
December 24, 2016, 06:14:24 PM

Good profit, I was testing an investment with 0.01 BTC and made 55.000 satoshis profit after about 1 month. It's a good progress and a good profit interest if we look another offers like lending on exchange paying much less.

Now I'm trying with a bit more money to see what happens, started yesterday, now the balance is negative, but normal on short term, let's see how it will be in medium-long term. Currently this is the best kind of investment in my opinion for Crypto-Currencies.

But you should always remember one thing that all past profits are only for your reference, and in future, you may get even better gains or losses as well. So don't ever invest in these high-risk investments which you can't afford to lose. And also try to diversify your money like OP did in this thread to reduce your losses.
Diversifying your investment in one industry which in the case on the OP in gambling is good but it will be more better if you will not only invest in gambling industry, mixing it with a little of trading and having a real business will minimize the risk.

I understand the topic here is online gambling investment, and OP did a good job to do an experiment and share it with. After seeing the journey, it seems like it's moving downward as it started with many gambling sites and now it's down to a little only which means the risks has also increased.

What you said on diversifying your money in few different assets is always good, but in this thread, we are discussing only on gambling investments, so I suggested only to this industry.

Yes, now only three sites left in his investments and now risks has increased. Soon need to find another couple of sites to include to reduce the risks in the longer run.
There will be no stopping for an investor to continue his journey, we need an update from the OP of the experiment he is making. I suggest that if possible, he can try to consider a new gambling sites which they think has a good potential to operate longer and profitable. Kingdice is new and it's included in the list, but i guess there are others that are worth a try.

OP already take in suggestions by the others and that is how he got into kingdice. However, i would also like to highlight that although it is good to have a diversify in order to ensure a higher chance of profit, by spreading out too much and giving too little time to sit in any casino, this can be quite a bad move.

In every investment, we should fix a target for profit and loss. If you reach the loss target then you should consider coming out of that investment and time doesn't matter to it to reduce your further losses. But if you reach profit target than either you can withdraw everything or at least book some profit and can continue with rest of the money.
newbie
Activity: 24
Merit: 0
December 24, 2016, 02:55:23 PM
i also want to invest but what sites you recommend? i only have 0.05 for now lol 
There are website that mentioned in the op and you can back read to find more interesting website where you can invest your bitcoin but be careful always review the website before putting your money into it.


Yes will research before investing thanks. Will keep close eye on this thread
hero member
Activity: 924
Merit: 500
December 23, 2016, 09:35:24 AM
i also want to invest but what sites you recommend? i only have 0.05 for now lol 
There are website that mentioned in the op and you can back read to find more interesting website where you can invest your bitcoin but be careful always review the website before putting your money into it.
hero member
Activity: 756
Merit: 500
December 23, 2016, 09:33:08 AM

Good profit, I was testing an investment with 0.01 BTC and made 55.000 satoshis profit after about 1 month. It's a good progress and a good profit interest if we look another offers like lending on exchange paying much less.

Now I'm trying with a bit more money to see what happens, started yesterday, now the balance is negative, but normal on short term, let's see how it will be in medium-long term. Currently this is the best kind of investment in my opinion for Crypto-Currencies.

But you should always remember one thing that all past profits are only for your reference, and in future, you may get even better gains or losses as well. So don't ever invest in these high-risk investments which you can't afford to lose. And also try to diversify your money like OP did in this thread to reduce your losses.
Diversifying your investment in one industry which in the case on the OP in gambling is good but it will be more better if you will not only invest in gambling industry, mixing it with a little of trading and having a real business will minimize the risk.

I understand the topic here is online gambling investment, and OP did a good job to do an experiment and share it with. After seeing the journey, it seems like it's moving downward as it started with many gambling sites and now it's down to a little only which means the risks has also increased.

What you said on diversifying your money in few different assets is always good, but in this thread, we are discussing only on gambling investments, so I suggested only to this industry.

Yes, now only three sites left in his investments and now risks has increased. Soon need to find another couple of sites to include to reduce the risks in the longer run.
There will be no stopping for an investor to continue his journey, we need an update from the OP of the experiment he is making. I suggest that if possible, he can try to consider a new gambling sites which they think has a good potential to operate longer and profitable. Kingdice is new and it's included in the list, but i guess there are others that are worth a try.

OP already take in suggestions by the others and that is how he got into kingdice. However, i would also like to highlight that although it is good to have a diversify in order to ensure a higher chance of profit, by spreading out too much and giving too little time to sit in any casino, this can be quite a bad move.

Profit in the investment, it was highly desirable to everyone and a lot of people who want to invest but are afraid to start. Because in the investments we must think properly and if we are not doing the correct thinking then everything will end in a loss. Just as you are talking about, that gambling is one of the profitable place to invest (rather than play in gambling). But it all requires the correct selection, and if we are wrong then everything will disappear quickly
legendary
Activity: 1470
Merit: 1002
December 23, 2016, 09:26:38 AM

Good profit, I was testing an investment with 0.01 BTC and made 55.000 satoshis profit after about 1 month. It's a good progress and a good profit interest if we look another offers like lending on exchange paying much less.

Now I'm trying with a bit more money to see what happens, started yesterday, now the balance is negative, but normal on short term, let's see how it will be in medium-long term. Currently this is the best kind of investment in my opinion for Crypto-Currencies.

But you should always remember one thing that all past profits are only for your reference, and in future, you may get even better gains or losses as well. So don't ever invest in these high-risk investments which you can't afford to lose. And also try to diversify your money like OP did in this thread to reduce your losses.
Diversifying your investment in one industry which in the case on the OP in gambling is good but it will be more better if you will not only invest in gambling industry, mixing it with a little of trading and having a real business will minimize the risk.

I understand the topic here is online gambling investment, and OP did a good job to do an experiment and share it with. After seeing the journey, it seems like it's moving downward as it started with many gambling sites and now it's down to a little only which means the risks has also increased.

What you said on diversifying your money in few different assets is always good, but in this thread, we are discussing only on gambling investments, so I suggested only to this industry.

Yes, now only three sites left in his investments and now risks has increased. Soon need to find another couple of sites to include to reduce the risks in the longer run.
There will be no stopping for an investor to continue his journey, we need an update from the OP of the experiment he is making. I suggest that if possible, he can try to consider a new gambling sites which they think has a good potential to operate longer and profitable. Kingdice is new and it's included in the list, but i guess there are others that are worth a try.

OP already take in suggestions by the others and that is how he got into kingdice. However, i would also like to highlight that although it is good to have a diversify in order to ensure a higher chance of profit, by spreading out too much and giving too little time to sit in any casino, this can be quite a bad move.
hero member
Activity: 3010
Merit: 666
December 21, 2016, 09:24:17 PM

Good profit, I was testing an investment with 0.01 BTC and made 55.000 satoshis profit after about 1 month. It's a good progress and a good profit interest if we look another offers like lending on exchange paying much less.

Now I'm trying with a bit more money to see what happens, started yesterday, now the balance is negative, but normal on short term, let's see how it will be in medium-long term. Currently this is the best kind of investment in my opinion for Crypto-Currencies.

But you should always remember one thing that all past profits are only for your reference, and in future, you may get even better gains or losses as well. So don't ever invest in these high-risk investments which you can't afford to lose. And also try to diversify your money like OP did in this thread to reduce your losses.
Diversifying your investment in one industry which in the case on the OP in gambling is good but it will be more better if you will not only invest in gambling industry, mixing it with a little of trading and having a real business will minimize the risk.

I understand the topic here is online gambling investment, and OP did a good job to do an experiment and share it with. After seeing the journey, it seems like it's moving downward as it started with many gambling sites and now it's down to a little only which means the risks has also increased.

What you said on diversifying your money in few different assets is always good, but in this thread, we are discussing only on gambling investments, so I suggested only to this industry.

Yes, now only three sites left in his investments and now risks has increased. Soon need to find another couple of sites to include to reduce the risks in the longer run.
There will be no stopping for an investor to continue his journey, we need an update from the OP of the experiment he is making. I suggest that if possible, he can try to consider a new gambling sites which they think has a good potential to operate longer and profitable. Kingdice is new and it's included in the list, but i guess there are others that are worth a try.
klf
legendary
Activity: 1344
Merit: 1000
December 21, 2016, 08:54:33 PM

Good profit, I was testing an investment with 0.01 BTC and made 55.000 satoshis profit after about 1 month. It's a good progress and a good profit interest if we look another offers like lending on exchange paying much less.

Now I'm trying with a bit more money to see what happens, started yesterday, now the balance is negative, but normal on short term, let's see how it will be in medium-long term. Currently this is the best kind of investment in my opinion for Crypto-Currencies.

But you should always remember one thing that all past profits are only for your reference, and in future, you may get even better gains or losses as well. So don't ever invest in these high-risk investments which you can't afford to lose. And also try to diversify your money like OP did in this thread to reduce your losses.
Diversifying your investment in one industry which in the case on the OP in gambling is good but it will be more better if you will not only invest in gambling industry, mixing it with a little of trading and having a real business will minimize the risk.

I understand the topic here is online gambling investment, and OP did a good job to do an experiment and share it with. After seeing the journey, it seems like it's moving downward as it started with many gambling sites and now it's down to a little only which means the risks has also increased.

What you said on diversifying your money in few different assets is always good, but in this thread, we are discussing only on gambling investments, so I suggested only to this industry.

Yes, now only three sites left in his investments and now risks has increased. Soon need to find another couple of sites to include to reduce the risks in the longer run.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
December 21, 2016, 07:28:23 PM
Just about to make our first Bitcoin in Profit!  Cool Great start from KingDice

Can you enter KingDice? It has been under maintenance for a few days already, or is it just me? It doesn't look very encouraging, to be honest. I hope they aren't going to scam or have been hacked. The casino is new and maybe not as trustworthy as other kids on the block, both in terms of security and confidence.

Maybe it is just you, for kingdice is running smooth with my laptop or else I skipped that day when you have experienced that maintenance.

Just check it again, it is good to go now. And I don't think that it is going to scam people, it is building their reputation in the industry that has full of competitors.

House bankroll of kingdice is 16 BTC and I guess I find it better to invest with this site that is still starting to build their trust in the market.

Just like this guy's experience.

I entered a very small investment in Kingdice as an experiment. I just didn't track it because I thought I am not getting anything and i'm really busy irl to play. Cheesy Cheesy Cheesy Atm it gained 6% return on investment. The problem is I cannot remember the date I invested. Around 30 days I guess. 6% is not bad imo.  Cheesy

Any online casino is building their trust, so how can you know which one of them are the one which will grow overtime and give you good returns and which one is not?

You need to know that many casino has closed and ran away with tons of investors money and there is no way of tracking them at all. One example that i know is the letitride, it does not even able to have a fully working dice site yet and it already ran away with more than a few thousand of btc.

You can easily identify it with the feed backs of the gamblers through different review blogs and as well as their own threads here in forum.

And a site that doesn't have good reviews will of course broad cast through out the net by simply using a search engine like google.

It is easy to identify who you will trust regarding with your investment or with your gambling career.

The problem is now they are saying they are looking at casino who has little or no feedback/reviews because they wants to invest in casinos with little bankroll. So by claiming that they 'are building rep', even the scam casino are also doing the same thing.

so we should be careful to select the gambling site and we should read all info about that site, so we don't have to get scammed. if the site is trying to building rep, but the reality they don't give the best service for their member, its not good to select that site, better we select the big site with good rep and there is many good gambling site to choose.

Yes that is our responsibility as a gambler we don't need to be ignorant and just gamble away our bitcoins without doing some research about those newly coming out gambling sites.

And that surely a thing that they will do to make gamblers believed that they are trusted even though they have bad intentions.

You are right ethhunter, that's the best thing to do that just invest to those site that has been in the industry for a longer time already.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
December 21, 2016, 11:18:21 AM
Just about to make our first Bitcoin in Profit!  Cool Great start from KingDice

Can you enter KingDice? It has been under maintenance for a few days already, or is it just me? It doesn't look very encouraging, to be honest. I hope they aren't going to scam or have been hacked. The casino is new and maybe not as trustworthy as other kids on the block, both in terms of security and confidence.

Maybe it is just you, for kingdice is running smooth with my laptop or else I skipped that day when you have experienced that maintenance.

Just check it again, it is good to go now. And I don't think that it is going to scam people, it is building their reputation in the industry that has full of competitors.

House bankroll of kingdice is 16 BTC and I guess I find it better to invest with this site that is still starting to build their trust in the market.

Just like this guy's experience.

I entered a very small investment in Kingdice as an experiment. I just didn't track it because I thought I am not getting anything and i'm really busy irl to play. Cheesy Cheesy Cheesy Atm it gained 6% return on investment. The problem is I cannot remember the date I invested. Around 30 days I guess. 6% is not bad imo.  Cheesy

Any online casino is building their trust, so how can you know which one of them are the one which will grow overtime and give you good returns and which one is not?

You need to know that many casino has closed and ran away with tons of investors money and there is no way of tracking them at all. One example that i know is the letitride, it does not even able to have a fully working dice site yet and it already ran away with more than a few thousand of btc.

You can easily identify it with the feed backs of the gamblers through different review blogs and as well as their own threads here in forum.

And a site that doesn't have good reviews will of course broad cast through out the net by simply using a search engine like google.

It is easy to identify who you will trust regarding with your investment or with your gambling career.

The problem is now they are saying they are looking at casino who has little or no feedback/reviews because they wants to invest in casinos with little bankroll. So by claiming that they 'are building rep', even the scam casino are also doing the same thing.

so we should be careful to select the gambling site and we should read all info about that site, so we don't have to get scammed. if the site is trying to building rep, but the reality they don't give the best service for their member, its not good to select that site, better we select the big site with good rep and there is many good gambling site to choose.
legendary
Activity: 1050
Merit: 1001
December 21, 2016, 11:04:37 AM
I entered a very small investment in Kingdice as an experiment. I just didn't track it because I thought I am not getting anything and i'm really busy irl to play. Cheesy Cheesy Cheesy Atm it gained 6% return on investment. The problem is I cannot remember the date I invested. Around 30 days I guess. 6% is not bad imo.  Cheesy

haha yeah the bankroll is pretty small at the moment so anyone who invests are seeing a lot of the action!
The lower casino bankroll and the bigger your investment amount earn you a good return.
But yeaa there is bigger risk too, once there is someone who bet high amount and won it, you have to see your investment down drastically.
I always love to do something that have a big risk , last year i invested 0.5 in diggit.io within 3 months i got almost 20 percent profit, sadly they are off now.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
December 21, 2016, 09:39:10 AM
i also want to invest but what sites you recommend? i only have 0.05 for now lol 

If you have a small amount then you can try with moneypot site because they will accept these small amounts as well. But investors on that site is not making profits for quite some time because they are still fixing the issues related to profits sharing between investors, app owners and for them. They are promising to improve many things so wait for all those fixes to invest your money.

their investment system is very bad. i don't know exactly how it works in the behind the scenes but what i see from outside and what the results are showing are pretty terrible.

my thinking was that since there are a lot more gambling sites using their system and as the rule of house always wins, your investment should have been profitable.

but what has been happing in reality (based on my observations more than a couple of months) you only lose money there as an investor.
legendary
Activity: 1386
Merit: 1016
December 21, 2016, 09:22:51 AM
Just about to make our first Bitcoin in Profit!  Cool Great start from KingDice

Can you enter KingDice? It has been under maintenance for a few days already, or is it just me? It doesn't look very encouraging, to be honest. I hope they aren't going to scam or have been hacked. The casino is new and maybe not as trustworthy as other kids on the block, both in terms of security and confidence.

Maybe it is just you, for kingdice is running smooth with my laptop or else I skipped that day when you have experienced that maintenance.

Just check it again, it is good to go now. And I don't think that it is going to scam people, it is building their reputation in the industry that has full of competitors.

House bankroll of kingdice is 16 BTC and I guess I find it better to invest with this site that is still starting to build their trust in the market.

Just like this guy's experience.

I entered a very small investment in Kingdice as an experiment. I just didn't track it because I thought I am not getting anything and i'm really busy irl to play. Cheesy Cheesy Cheesy Atm it gained 6% return on investment. The problem is I cannot remember the date I invested. Around 30 days I guess. 6% is not bad imo.  Cheesy

Any online casino is building their trust, so how can you know which one of them are the one which will grow overtime and give you good returns and which one is not?

You need to know that many casino has closed and ran away with tons of investors money and there is no way of tracking them at all. One example that i know is the letitride, it does not even able to have a fully working dice site yet and it already ran away with more than a few thousand of btc.

You can easily identify it with the feed backs of the gamblers through different review blogs and as well as their own threads here in forum.

And a site that doesn't have good reviews will of course broad cast through out the net by simply using a search engine like google.

It is easy to identify who you will trust regarding with your investment or with your gambling career.

The problem is now they are saying they are looking at casino who has little or no feedback/reviews because they wants to invest in casinos with little bankroll. So by claiming that they 'are building rep', even the scam casino are also doing the same thing.
legendary
Activity: 1092
Merit: 1000
December 21, 2016, 01:03:52 AM
i also want to invest but what sites you recommend? i only have 0.05 for now lol  

If you have a small amount then you can try with moneypot site because they will accept these small amounts as well. But investors on that site is not making profits for quite some time because they are still fixing the issues related to profits sharing between investors, app owners and for them. They are promising to improve many things so wait for all those fixes to invest your money.
sr. member
Activity: 1638
Merit: 300
December 20, 2016, 10:50:50 PM
Good luck in your investmebt and i think it is really a good thing that you use that money to invest than to gamble. Maybe 1 year is a long time, though with your investment, it is a long time worth waiting for, right? I hope i can have also some investments in those gambling sites. I want also to make profit out of it.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
December 20, 2016, 10:45:49 PM
Just about to make our first Bitcoin in Profit!  Cool Great start from KingDice

Can you enter KingDice? It has been under maintenance for a few days already, or is it just me? It doesn't look very encouraging, to be honest. I hope they aren't going to scam or have been hacked. The casino is new and maybe not as trustworthy as other kids on the block, both in terms of security and confidence.

Maybe it is just you, for kingdice is running smooth with my laptop or else I skipped that day when you have experienced that maintenance.

Just check it again, it is good to go now. And I don't think that it is going to scam people, it is building their reputation in the industry that has full of competitors.

House bankroll of kingdice is 16 BTC and I guess I find it better to invest with this site that is still starting to build their trust in the market.

Just like this guy's experience.

I entered a very small investment in Kingdice as an experiment. I just didn't track it because I thought I am not getting anything and i'm really busy irl to play. Cheesy Cheesy Cheesy Atm it gained 6% return on investment. The problem is I cannot remember the date I invested. Around 30 days I guess. 6% is not bad imo.  Cheesy

Any online casino is building their trust, so how can you know which one of them are the one which will grow overtime and give you good returns and which one is not?

You need to know that many casino has closed and ran away with tons of investors money and there is no way of tracking them at all. One example that i know is the letitride, it does not even able to have a fully working dice site yet and it already ran away with more than a few thousand of btc.

You can easily identify it with the feed backs of the gamblers through different review blogs and as well as their own threads here in forum.

And a site that doesn't have good reviews will of course broad cast through out the net by simply using a search engine like google.

It is easy to identify who you will trust regarding with your investment or with your gambling career.
legendary
Activity: 1470
Merit: 1002
December 20, 2016, 10:17:04 AM
Just about to make our first Bitcoin in Profit!  Cool Great start from KingDice

Can you enter KingDice? It has been under maintenance for a few days already, or is it just me? It doesn't look very encouraging, to be honest. I hope they aren't going to scam or have been hacked. The casino is new and maybe not as trustworthy as other kids on the block, both in terms of security and confidence.

Maybe it is just you, for kingdice is running smooth with my laptop or else I skipped that day when you have experienced that maintenance.

Just check it again, it is good to go now. And I don't think that it is going to scam people, it is building their reputation in the industry that has full of competitors.

House bankroll of kingdice is 16 BTC and I guess I find it better to invest with this site that is still starting to build their trust in the market.

Just like this guy's experience.

I entered a very small investment in Kingdice as an experiment. I just didn't track it because I thought I am not getting anything and i'm really busy irl to play. Cheesy Cheesy Cheesy Atm it gained 6% return on investment. The problem is I cannot remember the date I invested. Around 30 days I guess. 6% is not bad imo.  Cheesy

Any online casino is building their trust, so how can you know which one of them are the one which will grow overtime and give you good returns and which one is not?

You need to know that many casino has closed and ran away with tons of investors money and there is no way of tracking them at all. One example that i know is the letitride, it does not even able to have a fully working dice site yet and it already ran away with more than a few thousand of btc.
newbie
Activity: 24
Merit: 0
December 20, 2016, 10:13:36 AM
i also want to invest but what sites you recommend? i only have 0.05 for now lol 
hero member
Activity: 742
Merit: 526
December 20, 2016, 03:23:59 AM
Just about to make our first Bitcoin in Profit!  Cool Great start from KingDice

Can you enter KingDice? It has been under maintenance for a few days already, or is it just me? It doesn't look very encouraging, to be honest. I hope they aren't going to scam or have been hacked. The casino is new and maybe not as trustworthy as other kids on the block, both in terms of security and confidence.

Maybe it is just you, for kingdice is running smooth with my laptop or else I skipped that day when you have experienced that maintenance.

Just check it again, it is good to go now. And I don't think that it is going to scam people, it is building their reputation in the industry that has full of competitors.

Yes, it is running fine now. I was just refreshing their Maintenance page occasionally, to which I was directed when the site had been under maintenance, and they were really in the maintenance mode. I started to play there with a free giveaway and am slowly working my way up, when I have a free minute now and then. But not much to brag about so far. Cheesy
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