GAMBLING SITE INVESTMENT - page 19. | Bitcointalksearch.org

DarkDays

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Quote from: mindrust on July 01, 2020, 01:50:09 PM

Why don't you invest some coins in freebitco.in ? They are paying 4% annual interest for any amount bigger than 30k sats.

I believe that would bring some more juice to your experiment.

Why would he invest 4% in Freebitco.in when platforms like Nexo, Bitrue, Blockfi etc pay 8-10% APR?

In any case, OP should split his investment across multiple platforms and different avenues, not just casinos, since it's always a good idea to diversify.

While 4% is a decent yield in most cases, investing in a faceless company with no accountability is rarely a good idea in the long run.

alani123

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Quote from: mindrust on July 01, 2020, 01:50:09 PM

Why don't you invest some coins in freebitco.in ? They are paying 4% annual interest for any amount bigger than 30k sats.

I believe that would bring some more juice to your experiment.

I think that the gist of investing in a gambling site can be that you are paid based on its success as the house. If they have a good year, you could see greater returns even in a shorter period of time too. Also good that they gmhave no commitment to keep your money locked to reap the benefits of it.

mindrust

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Why don't you invest some coins in freebitco.in ? They are paying 4% annual interest for any amount bigger than 30k sats.

I believe that would bring some more juice to your experiment.

freedomgo

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Playbet.io - Crypto Casino and Sportsbook

Quote from: jrrsparkles on July 01, 2020, 01:02:47 PM

Quote from: shoreno on July 01, 2020, 03:30:17 AM

Playing esport is one of your interest so why quit on it ? You can take it as you past time because you can't earn on it .

It's always better if you allocate your time to something that is profitable than compare to playing games . Same as gambling and investing but good thing you have returned on investing .

Dumps in the price shouldn't be our reason to stop because that only kills your passion and ability to earn

Esports career has bright future so if someone is having skills and playing those esport games in a professional way they they can even earn in millions but investment should be different from playing or gambling, if you an investor then you always wanted to people lose while gambling but if you are playing on the same site then you will aim for what?

You aim to lose because you are literally betting against yourself, and there's no point of investing, lol.
Some of us maybe gambling and investing at the same time, but it's not nice to gamble in a site that we are investing, there's a lot of gambling sites out there, maybe we can choose from them to enjoy while we are invested with the other site.

In general, I would still choose not to gamble at all on the same game if I choose to go with the path of casino investing.

jrrsparkles

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Quote from: shoreno on July 01, 2020, 03:30:17 AM

Playing esport is one of your interest so why quit on it ? You can take it as you past time because you can't earn on it .

It's always better if you allocate your time to something that is profitable than compare to playing games . Same as gambling and investing but good thing you have returned on investing .

Dumps in the price shouldn't be our reason to stop because that only kills your passion and ability to earn

Esports career has bright future so if someone is having skills and playing those esport games in a professional way they they can even earn in millions but investment should be different from playing or gambling, if you an investor then you always wanted to people lose while gambling but if you are playing on the same site then you will aim for what?

shoreno

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Quote from: jademaxsuy on July 01, 2020, 02:41:14 AM

Quote from: chaser15 on June 30, 2020, 06:25:52 PM

Only a few did as it will take years in the making. Not just that, it needs tons of patience, taking the risks for long and perseverance lol.

Or still, waiting for others to somehow be your inspiration? I suggest to start now as the longer you wait to decide, the difficulty to yield profit percentage will also increase while the numbers of investors are increasing their numbers.

And if the casino owner sees they reached the number of allowed investors, they might close accepting new investors.

Investment is one really a hard to make decision when one like to invest. I am one of interested to invest before in any platforms that i might think i might be able to earn. Yes, i have made some especially in the projects. The start was good however after some time the project goes down. So, i started to play esports and gambling and there I was able to manage my time especially during free time playing esports. My interest in investment lost and playing esports and sometimes gamble was my interest now. That is how hard to invest and lucky to those who are successful. I advise if one gets to invest then it might be better if he/she will start investment on his own interest and should be the boss of his own investment. It woulf nkt cost that much to start small investment.

Playing esport is one of your interest so why quit on it ? You can take it as you past time because you can't earn on it .

It's always better if you allocate your time to something that is profitable than compare to playing games . Same as gambling and investing but good thing you have returned on investing .

Dumps in the price shouldn't be our reason to stop because that only kills your passion and ability to earn

jademaxsuy

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Quote from: chaser15 on June 30, 2020, 06:25:52 PM

Only a few did as it will take years in the making. Not just that, it needs tons of patience, taking the risks for long and perseverance lol.

Or still, waiting for others to somehow be your inspiration? I suggest to start now as the longer you wait to decide, the difficulty to yield profit percentage will also increase while the numbers of investors are increasing their numbers.

And if the casino owner sees they reached the number of allowed investors, they might close accepting new investors.

Investment is one really a hard to make decision when one like to invest. I am one of interested to invest before in any platforms that i might think i might be able to earn. Yes, i have made some especially in the projects. The start was good however after some time the project goes down. So, i started to play esports and gambling and there I was able to manage my time especially during free time playing esports. My interest in investment lost and playing esports and sometimes gamble was my interest now. That is how hard to invest and lucky to those who are successful. I advise if one gets to invest then it might be better if he/she will start investment on his own interest and should be the boss of his own investment. It woulf nkt cost that much to start small investment.

chaser15

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Quote from: DoublerHunter on June 30, 2020, 04:33:30 PM

Nevertheless, I also wanna know from other's investment not just only by the OP, I hope there someone who share the journey of his investment in gambling platform.

Only a few did as it will take years in the making. Not just that, it needs tons of patience, taking the risks for long and perseverance lol.

Or still, waiting for others to somehow be your inspiration? I suggest to start now as the longer you wait to decide, the difficulty to yield profit percentage will also increase while the numbers of investors are increasing their numbers.

And if the casino owner sees they reached the number of allowed investors, they might close accepting new investors.

Ziskinberg

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Quote from: DoublerHunter on June 30, 2020, 04:33:30 PM

Quote from: Japinat on June 30, 2020, 04:24:55 PM

~snip~
I understand that some of you want to monitor the daily movement of your investment in a casino, I'll tell you that's normal, just keep doing that and soon you'll realize you are just tiring yourself, LOL.. casinos investment are really for long term to see a positive result. Grin

^ Lol, you made me smile on this.
Definitely right, investment is the casino is far better than you will let your bitcoin sleep in your wallet and hoping that the price will suddenly be growing up the price. However, there are a various factors in choosing good gambling sites to invest and I like to follow the step of what OP did I saw the progress of his investment slowly but it is surely. Nevertheless, I also wanna know from other's investment not just only by the OP, I hope there someone who share the journey of his investment in gambling platform.

Check on Snipie's gambling investment test if you haven't seen it yet.

DoublerHunter

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Quote from: Japinat on June 30, 2020, 04:24:55 PM

~snip~
I understand that some of you want to monitor the daily movement of your investment in a casino, I'll tell you that's normal, just keep doing that and soon you'll realize you are just tiring yourself, LOL.. casinos investment are really for long term to see a positive result. Grin

^ Lol, you made me smile on this.
Definitely right, investment is the casino is far better than you will let your bitcoin sleep in your wallet and hoping that the price will suddenly be growing up the price. However, there are a various factors in choosing good gambling sites to invest and I like to follow the step of what OP did I saw the progress of his investment slowly but it is surely. Nevertheless, I also wanna know from other's investment not just only by the OP, I hope there someone who share the journey of his investment in gambling platform.

Japinat

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Quote from: snipie on June 30, 2020, 09:30:43 AM

Quote from: Botnake on June 30, 2020, 04:17:47 AM

-snip-
As what you have shown, in BTC value, you are in profit, and same with USD value, so you are in a profit at the moment although you are not gaining consistently in a weekly basis.

Yep if we compare from the beginning then Yatsan is in profit but if we see the last two weeks then he lost around 27k satoshi. This negative trends is common for everyone depending from their initial investment.
I have approximately 1/5 of Yatsan initial investment and I lost approx 1/5 of what he lost. Of course in long term this remains profitable Wink

Bah for the USD story and inflation said by some members, I think it shouldn't be considered really. We are dealing with bitcoin, every bits or satoshi we gain is precious while the BTC/USD price may change from a moment to another. Today $9k another day +$10k maybe

I'm really optimistic on the future of bitcoin, if people can just hold their bitcoin and wait til its value rises in the future, then investing in casinos is far better as it would double the positive effect, maybe there's a risk but choosing the right casino will minimize that risk.

I understand that some of you want to monitor the daily movement of your investment in a casino, I'll tell you that's normal, just keep doing that and soon you'll realize you are just tiring yourself, LOL.. casinos investment are really for long term to see a positive result. Grin

snipie

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Quote from: Botnake on June 30, 2020, 04:17:47 AM

-snip-
As what you have shown, in BTC value, you are in profit, and same with USD value, so you are in a profit at the moment although you are not gaining consistently in a weekly basis.

Yep if we compare from the beginning then Yatsan is in profit but if we see the last two weeks then he lost around 27k satoshi. This negative trends is common for everyone depending from their initial investment.
I have approximately 1/5 of Yatsan initial investment and I lost approx 1/5 of what he lost. Of course in long term this remains profitable Wink

Bah for the USD story and inflation said by some members, I think it shouldn't be considered really. We are dealing with bitcoin, every bits or satoshi we gain is precious while the BTC/USD price may change from a moment to another. Today $9k another day +$10k maybe

asu

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Quote from: Yatsan on June 30, 2020, 06:46:07 AM

Sadly, yes. Needed to scale on of my business and needed extra money.

Here's my update regarding that:
https://bitcointalksearch.org/topic/m.54616214

I didn't see that update. Thanks.

Yolodice seemed to be giving you some great figures. A 5.2% ROI in 11 weeks, not bad for the start and additionally the conversation in fiat in 11 weeks as well is way higher. On top of that, just 4 months left for half a year and see how the casino investment really goes on.

onrise

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Quote from: Japinat on June 30, 2020, 03:46:20 AM

Quote from: onrise on June 30, 2020, 01:05:04 AM

If you look at Week 5 you had made till then total profit of 164$ and at the end of week 10 you still at 154$ which is even less than week 5 . So overall you dint gained anything as such in last 5 weeks and are on the slightly negative side .

That's because of the bitcoin value in the market, and investing does not also mean that you'll be consistently profitable in a monthly basis.
I'm only looking at the BTC profit for now, thus far for 11 weeks, OP's profit is only BTC0.0026.

I missed calculating the bitcoin price during the same time has fallen due to which it will be inappropriate the way I calculated it. Ideally only thing what OP should have given each week is only total profit/loss in btc . Rest of the thing like calculating in PHP again would involve the forex rates which could go/up down. So we should be just looking at the profits in btc.

Botnake

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Quote from: Yatsan on June 30, 2020, 06:46:07 AM

Yeah, It's like in the bank and same with cryptocurrency when you are staking for example on binance, You can stake stake your money/crypto there! There's an option when you are going to stake crypto or USDT which is a USD representative in crypto there.

I'm not going to choose bank for saving with the purpose of letting your money earn an interest, for me it's not worth it, better invest somewhere and I thin Binance staking is a good idea, anyway thanks for giving me an idea, I'll do check on that..

For me, using bank when you save money for safekeeping, and use other platforms for investing.

Quote from: Yatsan on June 30, 2020, 06:46:07 AM

Yes, the gain is unstable yet, not that risky.

Great, but always look also at the negative possibility, not that risky does not mean it's risk free.
Anything called investment is always risky, if not then that is considered a scam.

Yatsan

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Quote from: Botnake on June 30, 2020, 04:17:47 AM

Quote from: Yatsan on June 30, 2020, 04:09:22 AM

Quote from: Japinat on June 30, 2020, 03:46:20 AM

Quote from: onrise on June 30, 2020, 01:05:04 AM

If you look at Week 5 you had made till then total profit of 164$ and at the end of week 10 you still at 154$ which is even less than week 5 . So overall you dint gained anything as such in last 5 weeks and are on the slightly negative side .

That's because of the bitcoin value in the market, and investing does not also mean that you'll be consistently profitable in a monthly basis.
I'm only looking at the BTC profit for now, thus far for 11 weeks, OP's profit is only BTC0.0026.

The profit in BTC is very low but if you are going to compare it into traditional passive investment it just have a 5-8% per year interest so for me it's all good since the risk is very low so the profit is very low also. Honestly, this whole gambling investment thing is still depends on the bitcoin price, If I am going to get a profit or loss money. But yet, still hoping I will get a decent amount of profit this following weeks.

I'm not sure if there's a passive investment that would guarantee a 5-8% per year of return, are you referring to investing your money in the bank or saving it like a time deposit? I think I would rather choose investing in casino since inflation will definitely affect the value of our money even if let's say it will receive an interest yearly at that rate.

As what you have shown, in BTC value, you are in profit, and same with USD value, so you are in a profit at the moment although you are not gaining consistently in a weekly basis.

Yeah, It's like in the bank and same with cryptocurrency when you are staking for example on binance, You can stake stake your money/crypto there! There's an option when you are going to stake crypto or USDT which is a USD representative in crypto there.

Yes, the gain is unstable yet, not that risky.

Quote from: asu on June 30, 2020, 05:27:35 AM

Quote from: Yatsan on June 29, 2020, 11:33:29 PM

So here's my update for week11!!

What are your thoughts this week? Grin

I've been wondering on how's your bustadice investment, did you close it operating?

Sadly, yes. Needed to scale on of my business and needed extra money.

Here's my update regarding that:
https://bitcointalksearch.org/topic/m.54616214

asu

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Quote from: Yatsan on June 29, 2020, 11:33:29 PM

So here's my update for week11!!

What are your thoughts this week? Grin

I've been wondering on how's your bustadice investment, did you close it operating?

Botnake

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Quote from: Yatsan on June 30, 2020, 04:09:22 AM

Quote from: Japinat on June 30, 2020, 03:46:20 AM

Quote from: onrise on June 30, 2020, 01:05:04 AM

If you look at Week 5 you had made till then total profit of 164$ and at the end of week 10 you still at 154$ which is even less than week 5 . So overall you dint gained anything as such in last 5 weeks and are on the slightly negative side .

That's because of the bitcoin value in the market, and investing does not also mean that you'll be consistently profitable in a monthly basis.
I'm only looking at the BTC profit for now, thus far for 11 weeks, OP's profit is only BTC0.0026.

The profit in BTC is very low but if you are going to compare it into traditional passive investment it just have a 5-8% per year interest so for me it's all good since the risk is very low so the profit is very low also. Honestly, this whole gambling investment thing is still depends on the bitcoin price, If I am going to get a profit or loss money. But yet, still hoping I will get a decent amount of profit this following weeks.

I'm not sure if there's a passive investment that would guarantee a 5-8% per year of return, are you referring to investing your money in the bank or saving it like a time deposit? I think I would rather choose investing in casino since inflation will definitely affect the value of our money even if let's say it will receive an interest yearly at that rate.

As what you have shown, in BTC value, you are in profit, and same with USD value, so you are in a profit at the moment although you are not gaining consistently in a weekly basis.

onrise

sr. member

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Quote from: Yatsan on June 29, 2020, 11:33:29 PM

So here's my update for week11!!

This is the update for Yolodice:

This is my total profit for:
BTC: 0.00264923
USD: 154.06
PHP: 7,459

Here's the spreadsheet:

Same with the last week, we got dumped and loss a few dollars this week. Hoping that it will turn around for next week

What are your thoughts this week? Grin

If you look at Week 5 you had made till then total profit of 164$ and at the end of week 10 you still at 154$ which is even less than week 5 . So overall you dint gained anything as such in last 5 weeks and are on the slightly negative side . Though overall you are in profit only thing the returns were not positive for the time frame .

Yatsan

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Quote from: Japinat on June 30, 2020, 03:46:20 AM

Quote from: onrise on June 30, 2020, 01:05:04 AM

If you look at Week 5 you had made till then total profit of 164$ and at the end of week 10 you still at 154$ which is even less than week 5 . So overall you dint gained anything as such in last 5 weeks and are on the slightly negative side .

That's because of the bitcoin value in the market, and investing does not also mean that you'll be consistently profitable in a monthly basis.
I'm only looking at the BTC profit for now, thus far for 11 weeks, OP's profit is only BTC0.0026.

The profit in BTC is very low but if you are going to compare it into traditional passive investment it just have a 5-8% per year interest so for me it's all good since the risk is very low so the profit is very low also. Honestly, this whole gambling investment thing is still depends on the bitcoin price, If I am going to get a profit or loss money. But yet, still hoping I will get a decent amount of profit this following weeks.

Topic: GAMBLING SITE INVESTMENT - page 19. (Read 6987 times)