Do you gamble or do you collect Crypto-Currencies you earn?

serjent05

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Quote from: Arrakeen on July 08, 2016, 12:12:01 AM

With gambling you can never trust who is calling the shots (even if they say so)

With collecting, the hardest part is holding on to them if the price increases temporarily - keep holding & who knows how much profit you'll make. Buying crypto and selling at a slightly larger price is the hardest temptation to overcome.

This is true, you will never know if you will win or not if you are to gamble your hard earned BTC. And more likely if you are not that lucky, you will lose all of them.
Collecting is better and safer way to make your stash grow. You need a certain self restrain in order for you to accumulate succesfuly. We can see the tempation if the price increase to sell them but, having a goal for the maximum amount you need to collect before spending or encashinig them and the amount you will be encashing them is good.

Doamader

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When i played faucets i collected the satoshis then i tryed to maximizing it by the dice. Soo i were collecting the coins to then play i believe it were freebitcoin faucet.

torry28

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too bad OP didn't make 3rd option (both). first, i'll collect the alt coins , second, after i got decent amount of that alt coins, i'll gamble those (you know we need big bankroll to cover our loss in gambling)

BossMacko

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This past week i was doing both. I gamble with other crypto currencies and i am collecting Bitcoin in my Bitcoin wallet for safe keeping and for price to go high. I get Doge coin through exchanging it to Bitcoin and i double my doge coin then exchange half again to Bitcoin .That's how i gamble and collect crypto currencies.

StoreBit

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up to now i was struggling to collect and hold for having. and now i will use it in gambling and so many other healthy activities. i will change some of them in to my local currency as we cannot directly use bitcoin here. so as to do some shopping.

ultrloa

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Quote from: pooya87 on July 10, 2016, 12:48:47 AM

Quote from: xavier77 on July 06, 2016, 10:44:38 PM

Newbies are seen to gamble whatever they earn daily for increase in balance. They might lose what they earn. Some advanced players keep collecting and saving their balance and make an appreciable sum. Which is apt for you? What do you do?

i always keep what i earn and for gambling i have a separate stash that has a fixed amount for each week in it and i only gamble with that much bitcoin and nothing more. that way i am keeping my gambling habits under control and i don't lose much in the process.

Well thats good for you but for me is different since i need money on weekly basis so my little winnings are intended to use for cash out and i dont really want to left my coin stuck in gambling site becauseni dont want to lose money if they will be bankrupt and also i dont really gamble with alts because i dont want to stake some of them, i'm a fan kid with BTC.

pooya87

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Quote from: xavier77 on July 06, 2016, 10:44:38 PM

Newbies are seen to gamble whatever they earn daily for increase in balance. They might lose what they earn. Some advanced players keep collecting and saving their balance and make an appreciable sum. Which is apt for you? What do you do?

i always keep what i earn and for gambling i have a separate stash that has a fixed amount for each week in it and i only gamble with that much bitcoin and nothing more. that way i am keeping my gambling habits under control and i don't lose much in the process.

Daffadile

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Quote from: emberbekas on July 08, 2016, 04:42:14 PM

Collect all the crypto currencies youve got is the best way to gain some profit from the net. But, dont forget to always look at the price fluctuation. Convert it to your local currency when the price looks too high to you

If you covert to fiat at the right time you can reduce gambling loses as well. Then gamble and collect winnings.
Some crypto you can collect for free so it's a good idea and investing only costs your time.

emberbekas

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Collect all the crypto currencies youve got is the best way to gain some profit from the net. But, dont forget to always look at the price fluctuation. Convert it to your local currency when the price looks too high to you

BossMacko

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Quote from: xavier77 on July 08, 2016, 04:10:39 PM

Quote from: Arrakeen on July 08, 2016, 12:12:01 AM

With gambling you can never trust who is calling the shots (even if they say so)

With collecting, the hardest part is holding on to them if the price increases temporarily - keep holding & who knows how much profit you'll make. Buying crypto and selling at a slightly larger price is the hardest temptation to overcome.

Yes, you said it. Collection always does not make us profit. It might be slow and value of BTC might fall

I keep telling myself to just collect all Bitcoin i get from many sites including the payment i get in signature campaign. But everytime i have Bitcoins in my Wallet i always send it in gambling wallet . I can't resist the urge to play and have fun in gambling. The result of this action is at the end of the day i don't have bitcoin left and just wasted my 1 week earned Bitcoin.

xavier77

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Xavier

Quote from: Arrakeen on July 08, 2016, 12:12:01 AM

With gambling you can never trust who is calling the shots (even if they say so)

With collecting, the hardest part is holding on to them if the price increases temporarily - keep holding & who knows how much profit you'll make. Buying crypto and selling at a slightly larger price is the hardest temptation to overcome.

Yes, you said it. Collection always does not make us profit. It might be slow and value of BTC might fall just as we see in halving. In that case, all these collecting were in vain . However, your method seems genuine and yes, negative profit is impossible with no risk but a great man said, " If you take no risk, you will never win something big"

Arrakeen

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With gambling you can never trust who is calling the shots (even if they say so)

With collecting, the hardest part is holding on to them if the price increases temporarily - keep holding & who knows how much profit you'll make. Buying crypto and selling at a slightly larger price is the hardest temptation to overcome.

crytoboost

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I am also doing gambling but with very low amount because I am not all in type of gambler, I know it is pretty hard to win from the house but when we do it just for fun than we can get good amount in return but I prefer to make them hold as my savings.

roadbits

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Quote from: Erza on July 07, 2016, 11:11:22 PM

Quote from: znickelbackz on July 07, 2016, 11:29:13 AM

many people get poor from the first option: gamble, and many people get rich from the second option: collect. sorry, i choose the rich path, and it's funnier.

Actually it depends on how dare do you take the risk, if you are dare enough to take some risk gamble your money (high risk high return) and you will have possibility to lose everything or earn good but if you are not dare enough take second choice (really slow but sure). So it is your choice to choose, because both is really worth to take

Yes in gambling many gamblers become very sick I agree on this. But only a few people can become rich in gambling. But those are made coins from Jackpot games. Not usual games because in regular games we don't have that much chance to win our bet. I usually keep my coins in my wallet I will not lose more coins in gambling.

Erza

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Quote from: znickelbackz on July 07, 2016, 11:29:13 AM

many people get poor from the first option: gamble, and many people get rich from the second option: collect. sorry, i choose the rich path, and it's funnier.

Actually it depends on how dare do you take the risk, if you are dare enough to take some risk gamble your money (high risk high return) and you will have possibility to lose everything or earn good but if you are not dare enough take second choice (really slow but sure). So it is your choice to choose, because both is really worth to take

Junko

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I gamble with bitcoins and I also accumulate bitcoins by buying, sig/av campaign as well as from gambling(mostly poker) winnings.

My bitcoin gambling bankroll is separate from the rest of my bitcoin hodlings. Both are independent of each other.

npredtorch

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Well, it was pretty nice to do both. I kept about 75% of my bitcoin on a wallet and put 25% on any gambling site ( often put and play on PD ). There are certain instances where I got so lucky and have earned a lot from that 25% bitcoin capital. Winnings will be put on my wallet and re start betting again using the 25% starting amount.

European Central Bank

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bit of both. i also buy stuff with it too. it's effectively free money for me as i'd post here anyway so my attitude towards it is a little different than if i felt i'd earned it.

ralle14

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Quote from: xavier77 on July 06, 2016, 10:44:38 PM

Newbies are seen to gamble whatever they earn daily for increase in balance. They might lose what they earn.

You can call those newbies as risk takers.

Quote from: xavier77 on July 06, 2016, 10:44:38 PM

Some advanced players keep collecting and saving their balance and make an appreciable sum. Which is apt for you? What do you do?

I earn some and gamble some but i only risk amounts that i could really afford to lose and look at the amount as if its not that big of a deal for me.

BitMaxz

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Quote from: xavier77 on July 07, 2016, 11:34:03 AM

Quote from: znickelbackz on July 07, 2016, 11:29:13 AM

many people get poor from the first option: gamble, and many people get rich from the second option: collect. sorry, i choose the rich path, and it's funnier.

The reverse is true too. Many people gamble and win big while some with 10-20BTC balance hardly collect 0.02BTC in 3-4 months. However, your opinion should not be questioned. Thank you for your valuable response

Your right but its more risky if you gamble than in collecting and save it for a long time making more profit if you hold for too long..
So i prefer to collect if you want to make rich in the future. just collect and save and you will see your bright future..

xavier77

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Xavier

Quote from: Maesters1- on July 07, 2016, 04:59:32 PM

i am collecting crypto currency. i also do gambling. but i do it in a limit. and never like to cross the limit. i am really enjoying gambling. i mostly do gambling on sports.

Quote from: bithasher on July 07, 2016, 01:19:38 PM

In gambling if you want to make profit then you need heavy weight bankroll on back to strength you. A big bankroll and playing sensibly is key to get lucky most of the time. Bitcoin doesn't offer this opportunity to have big bankroll as it is too expensive to collect. I have played many times with crypto currencies and over all made much more than with what I started.

Quote from: Daffadile on July 07, 2016, 01:18:01 PM

I try to collect but I end up gambling mostly. Though I normally break even so I don't make nor lose money. But winning feels nice xD
I try to collect currency that I believe in and horde them. If it is a POS that is great if not it's ok as long as it has potential. Also keeping different wallets other than btc makes it harder for me to gamble it away and be bad ^^

Contradicting thoughts people. You are gambling the moment you risk any part of your money. It is called gambling and not collecting. The definition of gambling is, " Gambling is the wagering of money or something of value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Gambling thus requires three elements be present: consideration, chance and prize."
I believe what you mean is play for estimated profit and keep going on unless required profit is obtained. It is gambling
Good luck you all

Maesters1-

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i am collecting crypto currency. i also do gambling. but i do it in a limit. and never like to cross the limit. i am really enjoying gambling. i mostly do gambling on sports.

bithasher

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In gambling if you want to make profit then you need heavy weight bankroll on back to strength you. A big bankroll and playing sensibly is key to get lucky most of the time. Bitcoin doesn't offer this opportunity to have big bankroll as it is too expensive to collect. I have played many times with crypto currencies and over all made much more than with what I started.

Daffadile

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I try to collect but I end up gambling mostly. Though I normally break even so I don't make nor lose money. But winning feels nice xD
I try to collect currency that I believe in and horde them. If it is a POS that is great if not it's ok as long as it has potential. Also keeping different wallets other than btc makes it harder for me to gamble it away and be bad ^^

buddu

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I am big collector of Crypto-Currencies and that is only thing what I do with those. Even there on many sites I have possibility to use few of them as payment option but I never did this thing. I gamble only with Bitcoin since I came to know for online casino. Bitcoin is best for this purpose so why should I bother myself with other currencies.

shadobitz

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I also think gamble is very good option to increase the quantity of crypto currencies because some coins are not valuable anymore, this will be good decision to use them to play on online casinos with these crypto currencies because when we have very good quantity of any coin than we can place big bets easily.

Bitcoinsummoner

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I prefer to collect done to gamble because i just collect altcoin and bitcoin to use in trading.. but honestly sometimes i gabmle just to try my luck and maybe i can make a profit with gambling..

electronicfactura

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I do gamble as well as collect some reasonable amount because this is also one shape of money as well. I already have shitload of many crypto-currencies which are collected by investing money in those. What I have point of view is clear you can not make huge profit from everything so some of them will bring huge profit at some point rest less and some not at all.

maxhor

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I also will prefer to collect crypto currencies as I think it is one the best investment, gambling is full or risk and there are so many risks involve in it to lose all of our money there so that I will prefer to keep them safe and hold them until price will go high there.

safari88

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I prefer to collect till have a lot and use it for investment.

but if I play gambling, I never spend my money. the better I look for it from the giveaway, such as promotion of gambling sites.

xavier77

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Quote from: znickelbackz on July 07, 2016, 11:29:13 AM

many people get poor from the first option: gamble, and many people get rich from the second option: collect. sorry, i choose the rich path, and it's funnier.

The reverse is true too. Many people gamble and win big while some with 10-20BTC balance hardly collect 0.02BTC in 3-4 months. However, your opinion should not be questioned. Thank you for your valuable response

znickelbackz

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many people get poor from the first option: gamble, and many people get rich from the second option: collect. sorry, i choose the rich path, and it's funnier.

KingofSwing

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Quote from: xavier77 on July 06, 2016, 10:44:38 PM

Newbies are seen to gamble whatever they earn daily for increase in balance. They might lose what they earn. Some advanced players keep collecting and saving their balance and make an appreciable sum. Which is apt for you? What do you do?

i gamble quite a bit but i transfer wins out of the book so i cant gamble it aqay

neochiny

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Crypto.games

Quote from: xavier77 on July 06, 2016, 10:44:38 PM

Newbies are seen to gamble whatever they earn daily for increase in balance. They might lose what they earn. Some advanced players keep collecting and saving their balance and make an appreciable sum. Which is apt for you? What do you do?

Newbies are not the only one who gambles whatever they earn, high ranking members too but high ranking
members handle they're earned coins well and using what they learned to multiply their earned coins.
just like the others i gamble what i earn, but first ill save some of it and then trade some of it, i'm doing
this to create a circulation of my coins and earn some in the process and not just wait for bitcoins price to increase.

dinda22

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if I get it for free I would have been to conduct gambling. but if I get such from the signature campaign, I do it for trading.

BitMaxz

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Quote from: ?? on ??

Collect then gamble. So far I have a positive balance, but I think I should stick only to more skill-based games like sportsbetting.
I have earned like 0.2 BTC via gambling*, so I cannot speak against it Tongue

.

* Gambling my money, I have earned a bit more with bonuses, betbacks, etc.

We are just the same that collecting then gamble.. its hard to deposit a real money into gamble because it may lose even your salary for your job every week.
Yeah its still the best to choose skill base game which is sports betting because its easy to predict than the other game..

Nahl

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my first aim to gambling i wish i could collect bitcoin every day to increase my balance however because my gambling results is not so good sometimes i was lost all of my balance and start again with new capital and since that i just only do a gamble and not for collecting bitcoin from my winning

JasonXG

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Quote from: xavier77 on July 06, 2016, 10:44:38 PM

Newbies are seen to gamble whatever they earn daily for increase in balance. They might lose what they earn. Some advanced players keep collecting and saving their balance and make an appreciable sum. Which is apt for you? What do you do?

I do both not mostly collect. Sometimes I gamble smaller amounts for fun. I collect currency I can stake those are my favorite.

Quote from: xavier77 on July 07, 2016, 08:24:20 AM

Quote from: Herbert2020 on July 06, 2016, 11:54:49 PM

Quote from: xavier77 on July 06, 2016, 10:44:38 PM

Newbies are seen to gamble whatever they earn daily for increase in balance. They might lose what they earn. Some advanced players keep collecting and saving their balance and make an appreciable sum. Which is apt for you? What do you do?

only those who think gambling is the way to earn money do gamble their coins to increase them! it doesn't need to be a newbie who does this.

besides one shouldn't be against the other. i mean you can do both. collect and save bitcoin and also make some bets with some small amounts just for fun.

You are opposing what you say. Even if you risk a penny, you're gambling to increase balance and might even lose

I think he just means newbie because they inexperienced still so the gamble too much and dont know any better yet.

fulgdenea

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I am doing both gambling and collecting the crypto currencies which has potential to good rise into price, from my point of view gambling has more fun to stay online and with very good chance to make very quick profit instead of invest into crytpo currency and hold them for a long time.

pinoycash

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Before, i used all my BTC earnings to play dice. all earnings from faucets, Sig campaign, bounty, giveaways ..always end up on the gambling site. but now i am saving it and just selling few for daily use.

rezilient

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Instead of gambling my bitcoins, i learned to use it to buy other promising altcoins and it has worked very well for me and made some decent money.
Now trying to earn more bitcoins and use it buy a very promising shitcoin. Grin

eternalgloom

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I just quit gambling to collect the Bitcoins that I earn. Used to just gamble my signature campaign earnings, but not doing that any more.
Gambling is just a slippery slope for me, don't want to get addicted

xavier77

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Xavier

Quote from: Herbert2020 on July 06, 2016, 11:54:49 PM

Quote from: xavier77 on July 06, 2016, 10:44:38 PM

Newbies are seen to gamble whatever they earn daily for increase in balance. They might lose what they earn. Some advanced players keep collecting and saving their balance and make an appreciable sum. Which is apt for you? What do you do?

only those who think gambling is the way to earn money do gamble their coins to increase them! it doesn't need to be a newbie who does this.

besides one shouldn't be against the other. i mean you can do both. collect and save bitcoin and also make some bets with some small amounts just for fun.

You are opposing what you say. Even if you risk a penny, you're gambling to increase balance and might even lose

BTCdoaA

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i don't use gambling because it depends on luck only so i can vote here for collect alt coins some day good profit will be earned.

BitcoinSupremo

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I do both I collect bitcoins and play with 25% of my daily earning in sportsbook. In fact I invite you to my FREE TIPS WITH STATISTICS thread in the gambling section where I am offering free tips for sportsbooks soccer games. I had a pretty good run during the period of February to May, then I went to vacation, but now I have restarted again from yesterday. For those who gamble without thinking, this is a clear invitation to them to start gambling with analysis and critical thinking rather than just going blind with their choices.

janggernaut

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Quote from: xavier77 on July 06, 2016, 10:44:38 PM

Newbies are seen to gamble whatever they earn daily for increase in balance. They might lose what they earn. Some advanced players keep collecting and saving their balance and make an appreciable sum. Which is apt for you? What do you do?

Im in second option. I'll keep collecting alt coins and re-buy it when the price down. Maybe someday alt coins which i hold could up to the moon Grin

andyste

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two option survey iam working , iam collect cypto coin/altcoin ,
after collect iam trade bitcoin and last btc iam exchange to fiat money, but iam some time is play gamble only hapy fun not job

akogwapo14

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im not gamble my money i dont want to lose any of it even small amount . ill just save it for now and use it some day for investmetn porpuse only.

Posum578

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I gamble some small of it in sportsbook, i only gamble if i think it will easy win and easy profit
Never gambling in hard match or risky ones
And the other i collect in and cash to my fiat currency

Herbert2020

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Quote from: xavier77 on July 06, 2016, 10:44:38 PM

Newbies are seen to gamble whatever they earn daily for increase in balance. They might lose what they earn. Some advanced players keep collecting and saving their balance and make an appreciable sum. Which is apt for you? What do you do?

only those who think gambling is the way to earn money do gamble their coins to increase them! it doesn't need to be a newbie who does this.

besides one shouldn't be against the other. i mean you can do both. collect and save bitcoin and also make some bets with some small amounts just for fun.

xavier77

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Xavier

Newbies are seen to gamble whatever they earn daily for increase in balance. They might lose what they earn. Some advanced players keep collecting and saving their balance and make an appreciable sum. Which is apt for you? What do you do?

Topic: Do you gamble or do you collect Crypto-Currencies you earn? (Read 1393 times)