Topic: Gamblers understood the game - page 15. (Read 1645 times)

Getting a better result in encouraging people to gamble than investment is possible because people see gambling as pleasure while investment in most people are boring  If they are into gambling they will be willing to use anything that can be a convenience in accessing gambling site.  They also prefer being anonymous because many don't want their funds to be traced being consumed in gambling.  So it is really easier to bring people to cryptocurrency using gambling as a tool to entice them to use cryptocurrency.


Indeed these people are already ready to mingle in gambling platform so they don't need any convincing or whatsoever.

They come to you asking if they could gamble using crypto then that shouldn't need convincing any of them. They are looking up to it already and with just an introduction to any crypto casino, they will jump right into it.

I have my experience to convincing online people and I have managed to let them sign up under my ref, they were not big spenders though and only 2 of them actually deposited. It's hard when the people you know are not into crypto, especially in the bear market.

But maybe in the BULL market, I bet you will definitely see massive users.

I have invited a few gamblers. Most of them have already had experience with crypto and gambling in their past.

Obviously when it comes to comparing gamblers with non-gamblers my experience has been that almost 100% of the time, unless they trust you, non-gamblers will not take up any offers to try out an online crypto gambling casino. They always seem to think that its some sort of trick or scam. And even more so if they have no experience with cryptocurrency in the first place.

Gamblers without crypto experience are surprisingly cautious of cryptocurrency, as well. But they do tend to be more persuasive than non-gamblers (with no crypto experience).

Let's go in parts, there is a lot of emotion in your OP, but regardless of whether it is putting money in casinos or crypto assets, there are risks in both.

So, the fact that they have the risk factor in common does not mean that they have the same qualities for the expected result, that again an ROI in green or red unites them, but that, again, does not mean that the process is the same in how it is reached. to success or failure.

The first mistake is to want to tell anyone, bet or invest, unless you are an individual who has investment management or income from it depends on a group of bettors.  But if that were the case, then you have to be very clear that placing a bet and investing in cryptocurrencies are two completely different things.

In my early days on crypto. I recruited a lot of gamblers in our local group in social media because Bitcoin that time doesn’t have much value and we collect it on faucet so we use it as play money only that time. It’s easier to invite back then since everyone is willing to risk their earnings on faucet because it’s fee.


I kinda agree on your logic. I know many gamblers in our local that is very open minded on risk since they always doing it when they are playing unlike newbie investors that is very cry baby on every minimal losses even though you already explained the risk involved.

Gamblers is indeed more matured than investors since most of the investors only think about profit while gamblers think profit and at the same time the possibility to lose it all.

Most people are interested to gamble because they're want to make a quick profit, it's wrong if you think your friends don't want to make money through gambling. Doubling their money in investment is possible, as long as they dare to buy shitcoins.

If your friends are big time losers in gambling, your friends are gambling addicts because even though people are gamble for fun, but they're not willing to lose big amount money in gambling.

It all depends on understanding, a really time investor or cryptocurrency investors understand what it takes to be an investor. I believe is only a newbie who doesn't have patient over their investment and would want to make all profits within a short period of time, few years ago I made  some predictions about few matches and share my booking code to someone I believe that knows about gambling very much.

Though I told him is just my predictions and you should understand what that means and he said yes, meaning he was too confident of my selected matches went ahead put an outrageous amount hoping to make a big win from my forecast, unfortunately we didn't make it as I predicted he ended up blaming me.

Initially I warned him and for him to understand what gambling is he wouldn't have put such amount. So what I am trying to say is that, real gambler or crypto investors understand all it takes but newbies always panicked over everything, in essence they are the same.

How do you feel that you invited four (4) people in crypto gambling? Do you feel this sense of accomplishment that you influenced them in this kind of activity? Personally, I would feel somehow bad for letting them into this kind of addicting activity.

Though that may be the case, I do agree on the last point you mentioned. The essence of investment means that you invest for future profit. If one is in a hurry to gain a quick profit, chances are that they would probably lose on their investment.

Partially true, it's like you are mixing two things together, Fresh beginners that want to start gambling will still fear for their money, and they have no past experience with gambling and how to do crypto transactions, you are referring to those that are into gambling before you refer them to whatever casino, so they are old gamblers looking for an upgrade to crypto gambling platforms.

it is expected that such people won't give you any problems because they know what they are going into, to me, it's easier to advise beginners about crypto investment than gambling because gambling is a losing game no matter what you have in mind, how will you advise anyone about something it's completely about luck?

But with crypto investment, you can advise newbies to go and read more about Bitcoin themselves and later come for extra lessons, asking questions and all, this is way better and crypto is not a losing game if you do things right.

Gamblers and investors have different mindsets and motivations when it comes to risk, gamblers understand all the gambling terms and they face higher risk because they can lose all their bankroll compared to investors who can cut their losses.

I agree there is no explanation necessary I have good success rate inviting offline casino players from online casinos I just invite them to try the dice and they easily understand how it works and knows every method employ to have a chance to win, you will not regret inviting a gambler because if they lose they know its part of the game.

None. Never really done referrals before, and most of my friends that are non-gamblers aren't interested in gambling. Those that do though, are already doing it so nothing to refer to at all. Back in the days then yea maybe, I invited a few of my friends in the past to gamble (I was one of the early starters of gambling in our circle) and that pretty much brought about what we have right now with my circle.

And to the topic of gamblers and investors, I actually would do the opposite, gamblers can be quite, well, gamblers. Regardless of how they know about risks and whatnot, it's a lot easier to handle it when it's games (which is what we consider gambling is) but if we go towards investments and whatnot? Kind of a different story imo.

I don't bring them but they are registered through the referral link from the signature campaign that I use on my bitcointalk profile, I know that maybe they understand more about the risks of losing playing gambling than trading crypto, but actually I am more interested in getting people to trade crypto and invest there because they have nothing to lose but value and have always considered bitcoin investing much safer in the long term.

Gambling will always spend money on people who can never control how they play, sometimes we can't help and stop those who follow me, but to be honest I never had the desire to invite anyone to play gambling be it friends or family because it's better to invite they invest in bitcoin or crypto is quite promising. 

When someone is new to cryptomarket, they have an understanding why not take the risk of multiplying. This mentality arises when they need to have patience to experience the growth on their investment. There are people who are successful as well as failed ones. The success rate used to be low against the losers.

Maybe the friends who have got into gambling rather than investing haven't experienced massive loss. Over days this can cause big loss. By then most of them will realise and starts to think of holding bitcoin and other cryptocurrencies. If they've got prior experience in gambling, this might not affect them much. When we introduce someone to gambling, we should let them be aware of after effects. If not the thing we do could cause problem between our relationship.

Anytime I have tried to get people to come with me in a casino surely they were not investors,as you say if you talk to them they will bomb you with a lot of question as why do you think such and such and go deep before taking a decision so most likely they are not pro gambling in the first place and it is an empty move to bring them to the casino.I have not invited any gamblers online yet,well except the driver that I go out with him to buy computer related stuff for the company as he always talks about sport betting without me talking first.When I showed him Sweet Bonanza slot he was "Wow" and immediately impressed and he said he maybe will join the online crypto gambling,he started asking me about crypto and I learned him all the basics,so it is up to him now.These are the type of guys which you have fun not only in online casinos but also in offline ones.

Well, when it comes to my own experiences, it's been quite a mix with gamblers and investors. Yes, at first glance, bringing in gamblers seems appealing because they already get the whole risk thing. But here's the deal: it's just as important to educate them about responsible gambling and the downsides that come with it. Novice gamblers are often very impulsive, which can lead to serious problems. If they're not educated on how to manage their money, they can easily overspend on betting and lose everything.

Now, when it comes to investors in the crypto world, it's a whole different ballgame. We're talking about discussing market trends, future prospects, and managing expectations. Yeah, it may require more chatting and addressing their fears and confidence levels. But hey, it can also lead to some really valuable insights and long-term growth. So, when it comes to helping investors, I'm more of a coach than a financial advisor. I don't just tell people what to do with their money; I help them make the right decisions based on their personal goals and risk tolerance.

So, what's the point? The point is that it's important to know your audience and how they're approaching their investments. If you're dealing with investors who know what they're doing, then it may be best to leave them alone and let them do their thing. But if you have people who are new to investing or have been burned before by the market, then it's time to step in and help them out.

I tend to agree that a gambler's mindset is different from that of an investor. They don't care/fear (whatever the description) if the coins they are holding are on a downfall as they will think that this is part of the process and they are acquainted with losing more than winning so if their coins, their level of happiness is not like that of an investor (many might disagree) but that's how I feel, just like winning in a game.

Most altcoins investment is like gambling because many of them which are not scam are still very risky to invest on. But there are many people (ahat use to gamble by) investing the amount of money they are capable to lose but turned out to be good investment. The recent example of this coin is pepe de frog or so. There have been many of them in the past. If you are able to do research, investing is very good, but bitcoin investment is the safest among them all.


Although altcoins investment are gambling, but they are not still the same as gambling. Gambling is gambling. Investment is investment. There are still chances that investment can give better return if you make good research before investing. You should be talking about all, not only gambling. There is success in investing if you can find the right coins and tokens.

For me it's the opposite, it's hard to bring in investors in crypto because admit it or not, majority of them are not technically incline, so that is one of the biggest problems facing newbies and most likely this is also why they are losing money to scammers and others who take advantage of their lack of knowledge on crypto, like what wallet this should used, how to protect their private keys and others.

As compare to bring online gamblers, yes, I too have earn money doing some affiliate and people playing under me so it's a passive income. Only just a couple of people though that I know, it's not that huge affiliate or something. And it's easy to talk to them, and obviously, gambling is very easy to learn as well as there are no learning curves.

How many times have you successfully invited some gamblers to online casino? What is your experience doing so? I know many will find this hard to believe but I kinda prefer bringing in gamblers than investors into crypto, why? They understood the risk already, there is no talk and talk over again, there is no dealing with someone fear and confidence..

I have successfully brought in four people into crypto gambling, and it was the easiest thing ever, they came asking if it's possible to use crypto for gambling and I said yes, but I told them that I am not ready to introduce any platform for anyone, but these guys then showed me there past gambles on a local website that only accept Fiat, that's when I got soft with them and I showed them the websites I use for gambling.

The thing is, they are small time winners and big time losers, I mean they lose more than winning, it's been two weeks and two of them tell me about their loss and gains, but they make it feel normal, to them it really is, not like the crypto investors today, always in hurry to double their money, some are even scared of investing in Bitcoin, which is the safest of them all.