Topic: Fiat or crypto betting in bear market? - page 6. (Read 1241 times)
I definitely prefer crypto gambling when the prices are plummeting. And there's some good information here about which books have the lowest margins. But if btc hits $3k then I'm going straight to the Roulette table!
Yeah but he is asking if he should use Bitcoin or Fiat.. He is not asking about the mood of the market and if you hold or sell.
Better to pay more attention to what you are replying, my friend, because you have zero comprehension.
Anyway, i would not bet on BTC at the moment.
Its not actually a zero comprehension reply or post even though it is a little bit out of topic but still considerable so I don't see any problems on it.Better to pay more attention to what you are replying, my friend, because you have zero comprehension.
Anyway, i would not bet on BTC at the moment.
Whenever crypto market goes into a state of depression I usually exit and forget about it for some time. I don't want the depression to influence my actions and my mood, so I don't check the price, don't sell any cryptocurrency and don't gamble with it. If you hold cryptocurrency bought earlier this year don't sell it and don't spend it because you'll get much less than you should.
Back on topic, if you do based up on fiat equivalent on crypto bets then it shouldn't matter but if you are accumulating crypto amount as many as you can
then betting crypto isn't really a good thing as of now.
In the bear market, if we use crypto as our main tool to gamble then our concentration will be splitted. We can't focus on our games while our mind are always on the market, afraid of further dip. So, fiat could be the good alternative in this such down trend.
I prefer to gamble with flat because I'd hate to gamble with a crypto that pumps x2plus after I spend it 
I also experienced this before, and I felt like I loss more money than what I loss in gambling. I still prefer to use fiat money which is more convenient for me and its more liquid. Well, in this bear market I think holding is quiet more safe than to gamble/trade with your coins because it can still go dump. Know the risk before you gamble, don’t follow the hype or you will lose more later on, gambling for me in any situation is not a good source of income.
even a bear market I keep gambling a little with crypto. Just made 0.5LTC profits with only a 0.005 deposit. and still 0.35LTC left to play
Want your opinion on this guys.
We are situated in a bear market for some time and with a huge crash happened the past 2 weeks.
Do you guys keep betting with crypto and stack your crypto profits or do you prefer to switch to fiat betting and convert fiat winnings in crypto?
Me personally I love to bet on sports, fiat as well as on crypto platforms. However during the crash I switched to betting on fiat bookies for 90% of my bets.
Profits i make at this moment with fiat bookies i use to buy crypto cause of the cheap prices. those converted profits i deposit on crypto bookies and try to make some profits in crypto as well.
Don't know you share the same strategy or rather stick to fiat and/or crypto bookie as you usually do.
We are situated in a bear market for some time and with a huge crash happened the past 2 weeks.
Do you guys keep betting with crypto and stack your crypto profits or do you prefer to switch to fiat betting and convert fiat winnings in crypto?
Me personally I love to bet on sports, fiat as well as on crypto platforms. However during the crash I switched to betting on fiat bookies for 90% of my bets.
Profits i make at this moment with fiat bookies i use to buy crypto cause of the cheap prices. those converted profits i deposit on crypto bookies and try to make some profits in crypto as well.
Don't know you share the same strategy or rather stick to fiat and/or crypto bookie as you usually do.
With this market situation, the use of crypto in betting is better than fiat currency. The fiat currency now is not good because of the depression of the economy. So that I suggest you use cryptocurrency rather than fiat currency at this time.
Besides that, we need fiat to buy something for our real life and although we can use crypto to buy something too. But still, people in out there prefer to use fiat, and many of them don't know much about cryptocurrency. And if we use cryptocurrency, then we can choose the cheap coins to place the bets, so we only need to buy that coin in some amount, and we can get a large amount of that coin.
Want your opinion on this guys.
We are situated in a bear market for some time and with a huge crash happened the past 2 weeks.
Do you guys keep betting with crypto and stack your crypto profits or do you prefer to switch to fiat betting and convert fiat winnings in crypto?
Me personally I love to bet on sports, fiat as well as on crypto platforms. However during the crash I switched to betting on fiat bookies for 90% of my bets.
Profits i make at this moment with fiat bookies i use to buy crypto cause of the cheap prices. those converted profits i deposit on crypto bookies and try to make some profits in crypto as well.
Don't know you share the same strategy or rather stick to fiat and/or crypto bookie as you usually do.
We are situated in a bear market for some time and with a huge crash happened the past 2 weeks.
Do you guys keep betting with crypto and stack your crypto profits or do you prefer to switch to fiat betting and convert fiat winnings in crypto?
Me personally I love to bet on sports, fiat as well as on crypto platforms. However during the crash I switched to betting on fiat bookies for 90% of my bets.
Profits i make at this moment with fiat bookies i use to buy crypto cause of the cheap prices. those converted profits i deposit on crypto bookies and try to make some profits in crypto as well.
Don't know you share the same strategy or rather stick to fiat and/or crypto bookie as you usually do.
With this market situation, the use of crypto in betting is better than fiat currency. The fiat currency now is not good because of the depression of the economy. So that I suggest you use cryptocurrency rather than fiat currency at this time.
I prefer to gamble with flat because I'd hate to gamble with a crypto that pumps x2plus after I spend it
I dont care about price of crypto in gambling , as i am earning free bitcoins i use them for betting but as their are less crypto sports gambling sites which offers live inplay betting on cricket so i have to go with fiat currency for cricket betting apart from that other sports bets i do with crypto currency. If i win in cryptocurrency their is double profit. One is i win the bet and my cryptocurrency volume gets increased and if the price moves up that will be added bonus profit on it.
Do you guys keep betting with crypto and stack your crypto profits or do you prefer to switch to fiat betting and convert fiat winnings in crypto?
I love to bet on sports, fiat as well as on crypto platforms. However during the crash I switched to betting on fiat bookies for 90% of my bets.
Profits i make at this moment with fiat bookies i use to buy crypto cause of the cheap prices. those converted profits i deposit on crypto bookies and try to make some profits in crypto as well.
The market is currenly very ustable. This means that one can lose more because of the price drop than win from betting. It doesn't make sense to risk that much. The price is freaking me out and everytime I see it, it only gets worth.. I think it's best to bet using stable coins or fiat for now. If one is a big crypto believer, however, I guess it makes sense to bet in cryptos now, hoping to win some more cryptos and then hold them until the prices recover. Fiat offers stability, cryptos offer risks and opportunities. I don't really gable for profit and don't spend much money on it anyway, so to me it doesn't matter much. I love to bet on sports, fiat as well as on crypto platforms. However during the crash I switched to betting on fiat bookies for 90% of my bets.
Profits i make at this moment with fiat bookies i use to buy crypto cause of the cheap prices. those converted profits i deposit on crypto bookies and try to make some profits in crypto as well.
the thing with bitcoin gambling is that you are actually gambling twice , the first time on the event you placed your bet at and the second one is the price of bitcoin
it's so damn hard to be professional and bet with bitcoin at this condition , so I would say serious bettors should be tending to bet with fiat these days
when the price is more stable then there is no harm in betting with bitcoin , usually when the market is stable I bet both fiat and crypto ( depending where I find higher odds )
but also some people are trying to make more bitcoin , for example they have 1 btc and they want to double it in one year no matter what the price is since they aren't planning to cashout the winnings or trade this 1 btc
these people should stick to bitcoin betting , so if they are good with their selections they will achieve their goal of having more btc
so there is no perfect answer , but if someone lives from gambling then for sure it's so hard to bet with bitcoin these days since both profit and bankroll are fluctuating in crazy swings
it's so damn hard to be professional and bet with bitcoin at this condition , so I would say serious bettors should be tending to bet with fiat these days
when the price is more stable then there is no harm in betting with bitcoin , usually when the market is stable I bet both fiat and crypto ( depending where I find higher odds )
but also some people are trying to make more bitcoin , for example they have 1 btc and they want to double it in one year no matter what the price is since they aren't planning to cashout the winnings or trade this 1 btc
these people should stick to bitcoin betting , so if they are good with their selections they will achieve their goal of having more btc
so there is no perfect answer , but if someone lives from gambling then for sure it's so hard to bet with bitcoin these days since both profit and bankroll are fluctuating in crazy swings
Yeah but he is asking if he should use Bitcoin or Fiat.. He is not asking about the mood of the market and if you hold or sell.
Better to pay more attention to what you are replying, my friend, because you have zero comprehension.
Anyway, i would not bet on BTC at the moment.
Better to pay more attention to what you are replying, my friend, because you have zero comprehension.
Anyway, i would not bet on BTC at the moment.
Whenever crypto market goes into a state of depression I usually exit and forget about it for some time. I don't want the depression to influence my actions and my mood, so I don't check the price, don't sell any cryptocurrency and don't gamble with it. If you hold cryptocurrency bought earlier this year don't sell it and don't spend it because you'll get much less than you should.
If you weren't too busy replying with all your farmed accounts at once you'd understand what I was trying to say there
Especially the part where I said that I don't gamble BTC during the bear market was the important one.
I'm personally saving as much money as I can to buy crypto right now while prices are still low (and will likely go lower), so I'm keeping crypto gambling to a minimum and I'm going through the grueling process of KYC and gambling on fiat casinos right now, as I'd rather do that than spend the crypto I have right now. I bought BTC in at a very low price in 2015, so I'm not at a loss yet, but I'd still like to hold my coins in my cold wallets for the future, as I believe in the long-term success of cryptocurrency.
As far as i know the gamblers are not too concerning about the price of crypto especially if they are feel comfortable gamble use crypto then it does not matter about that and if they want to gamble they are not really care if the price high or low and i think if someday the price deeper than now it does not change anything that they including me will always be gamble use crypto
Want your opinion on this guys.
We are situated in a bear market for some time and with a huge crash happened the past 2 weeks.
Do you guys keep betting with crypto and stack your crypto profits or do you prefer to switch to fiat betting and convert fiat winnings in crypto?
Me personally I love to bet on sports, fiat as well as on crypto platforms. However during the crash I switched to betting on fiat bookies for 90% of my bets.
Profits i make at this moment with fiat bookies i use to buy crypto cause of the cheap prices. those converted profits i deposit on crypto bookies and try to make some profits in crypto as well.
Don't know you share the same strategy or rather stick to fiat and/or crypto bookie as you usually do.
We are situated in a bear market for some time and with a huge crash happened the past 2 weeks.
Do you guys keep betting with crypto and stack your crypto profits or do you prefer to switch to fiat betting and convert fiat winnings in crypto?
Me personally I love to bet on sports, fiat as well as on crypto platforms. However during the crash I switched to betting on fiat bookies for 90% of my bets.
Profits i make at this moment with fiat bookies i use to buy crypto cause of the cheap prices. those converted profits i deposit on crypto bookies and try to make some profits in crypto as well.
Don't know you share the same strategy or rather stick to fiat and/or crypto bookie as you usually do.
Nothing is different in what your strategy is and on betting directly with crypto. It should be no hasttle if you will bet directly with crypto than on a direct Fiat which you convert your winnings to Fiat because the same aspect was applied to that strategy.
My goal during this bear is to stock up as many crypto's as I can. But this didn't affected me much because I'm not an intensive gambler at this moment due to the very hectic schedule that I've got now.
If I were you, if I'm focused with crypto investments then I'll start to gamble with fiat and with the profits that I'll get that's the time that I'll start packing up and buying cheaper coins like bitcoin.
If I were you, if I'm focused with crypto investments then I'll start to gamble with fiat and with the profits that I'll get that's the time that I'll start packing up and buying cheaper coins like bitcoin.
Myself Its very clear crypto to be the most important in gambling,exchange FIAT to become crypto then betting in various casinos or sports books.The bear market is not a problem for me while we gamble It's something very lucky if you win then grow the crypto Digits in wallet Waiting for bullish to sell so that your income is many times over.
When you have obtain some profit, spend on somewhere else , convert into fiat and put on another legit investment.
I can say that the red blood is not over yet , maybe the hell will be coming in Dec 2018
So my advice : only put your crypto fund that you can afford to loss and withdraw the others !
That's the right thing to do, bloody market this year 2018 as the opposite for 2017.I can say that the red blood is not over yet , maybe the hell will be coming in Dec 2018
So my advice : only put your crypto fund that you can afford to loss and withdraw the others !
It's alright, nothing to be alarm because crypto will stay for good, but if you are a gambler and you are regularly doing it, it should not affect
you since afterwards you can convert your bitcoin into fiat and the price downtrend is not consistent.
True. The same I am doing. I 100% switched to fiat bookies and save my profits to buy crypto at cheap rates and just wait for the market to stabilize and go up again
When you have obtain some profit, spend on somewhere else , convert into fiat and put on another legit investment.
I can say that the red blood is not over yet , maybe the hell will be coming in Dec 2018
So my advice : only put your crypto fund that you can afford to loss and withdraw the others !
That's the right thing to do, bloody market this year 2018 as the opposite for 2017.I can say that the red blood is not over yet , maybe the hell will be coming in Dec 2018
So my advice : only put your crypto fund that you can afford to loss and withdraw the others !
It's alright, nothing to be alarm because crypto will stay for good, but if you are a gambler and you are regularly doing it, it should not affect
you since afterwards you can convert your bitcoin into fiat and the price downtrend is not consistent.
Thx for all your opinion Guys, appreciate iT.
As most of you Guys state its Good Maybe even best to stick at fiat bookies. I am in the capability to legally register and play at fiat bookies. And i do not really care about the kyc procedure cause in spain we need kyc regulations for everything, except for taking a sh*t
As for now i Will stick to fiat betting but i save my profits to Invest in crypto.
NOTE:
You can follow my thread on valuebetting. I am testing out software to proof that using valuebetting software can and is profitable in the long run. I steongly believe that Value betting can be approached as Some safe investment betting. Of course you Will occult down swings but overal you Will make profits.
After 3-4 days by betting balance increased with 30% by using the software.
https://bitcointalksearch.org/topic/m.48097668
Beside the testing i also launched an idea dor btctalk crazy accumulators.
Reqd the thread how iT works
https://bitcointalksearch.org/topic/m.48192568
As most of you Guys state its Good Maybe even best to stick at fiat bookies. I am in the capability to legally register and play at fiat bookies. And i do not really care about the kyc procedure cause in spain we need kyc regulations for everything, except for taking a sh*t
As for now i Will stick to fiat betting but i save my profits to Invest in crypto.
NOTE:
You can follow my thread on valuebetting. I am testing out software to proof that using valuebetting software can and is profitable in the long run. I steongly believe that Value betting can be approached as Some safe investment betting. Of course you Will occult down swings but overal you Will make profits.
After 3-4 days by betting balance increased with 30% by using the software.
https://bitcointalksearch.org/topic/m.48097668
Beside the testing i also launched an idea dor btctalk crazy accumulators.
Reqd the thread how iT works
https://bitcointalksearch.org/topic/m.48192568
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