IS IT THE BEST TIME FOR GAMBLING? - page 9.

lili song

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Quote from: goaldigger on April 04, 2018, 08:32:40 PM

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

- Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.

As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.

Anytime it's best time for gambling, they do gambling for hope will earn more money in there. But if they play with emotional, my experience will lose more money. Gambling is actually for fun only, not main side job for earn some money. Now bitcoin also drop down much I think is because more issue some country banned bitcoin.

audaciousbeing

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Quote from: goaldigger on April 04, 2018, 08:32:40 PM

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

You didn't read any news, that is exactly what is happening now. Price is really falling while bitcoin has taken a hit to fall below $7000, other crypto have taken a more massive hit that might take a while to recover from the bleeding that is currently going on.

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

Do you also consider that the entire amount being held can be lost if one bet in gambling and it turned out to be a loss and it would have been better to have a loss which might turn to profit next week or next month, than losing it now?

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

Holding is practical and very good at it as well because there is a general believe that the market will pick up in due time and its also a general believe that gambling is one sure way to lose everything. If you ask me, I would go with the former rather than the latter.

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.

As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.

.
I would recommend to individuals what they have the ability to carry as that would determine the option to go for putting in mind that the outcome is for you alone to bear.

Koadharber

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Quote from: goaldigger on April 04, 2018, 08:32:40 PM

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

- Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.

As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.

Playing gambling is the way on relieving our stress when we are really treating it as an entertainment which gambling games do really have that kind of purpose but if not then losing money on doing gambling will add up even more the frustrations you do feel.
Trading is different,it might be a gamble on any sense but it can really be controlled if you are good at it.

stomachgrowls

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Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

Possible break even or profit would be there but still it would be a risky move if you do made this option since we do know on how risky gambling would be.Better to hold than to make yourself into more deeper loss.

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

Investment and Entertainment is a whole different thing. Each are do have specific kind of decisions to be made.

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.

This is why lots of people do love gambling because the results are instant but odds are always against you and its entirely different on trading which situations can be handled depending on your knowledge and experience.

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.

Normal for a human being on having those kind of reactions. We are happy when we profit and we are stressed when we lost. Recommendations is just choose on what your mind do tell you as long you know the risk involve on each thing.

iv4n

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You are a gambler or not, you don't watch prices of crypto you need to know your bankroll and how much you are planning to risk, after that you choose the game and site where you can play with your amount. Prices of crypto affect how much you wish to spend on gambling, when price was 200 dollars you could gamble with 1 btc easily because minimal bets on slots were 0.01 per line, or 0.3 mBTC, less then dollar in that time and I could play aggressive to rise bets, but when price was 19k dollars minimal bets was 5 dollars! My 200 dollars in btc was 0.01 BTC you can play with that amount.
Price of crypto affects on gambling experience, but price do not affect your decision to gamble or not, if you wish to gamble do it properly, and do not regret if you lose.

lionheart78

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I guess OP had answered what to do. He have stated the effect if he win or lose, depends on what you value more OP. If you do not want to get stressed then do not gamble, but if the feeling of winning is much important, I guess you can try but one thing I have in mind. Devaluating value of cryptocurrency is not reason to gamble things you have worked too hard.

supermine

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The gambling has been in the practice for long long ago,so always is the best time for gambling when you want to do it as an entertaining purpose.But honestly people doing for money making so this maybe the best time to invest on crypto currencies and and make the more rewards when the price increases.

Finestream

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Quote from: BTCeminjas on April 05, 2018, 11:25:16 AM

For me, gambling is given me an entertainment or something thrill and excitement when I played gamble.
It is the best time to play if I have a money or extra bitcoin just to relieve my stress after whole day work and gambling will help me to do that. Those gamblers who chasing money, the gambled every day because they think that was the source of their income and no selecting time for the to gambled.

Maybe gamblers have always good reasons to gamble but if you will just end up a loser,then that will only cause you more stress.I suggest to keep on holding your coins if you don't need it by now,keeping it for several months or even a year will surely give you a decent profit in the end.

Betwrong

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Quote from: goaldigger on April 04, 2018, 08:32:40 PM

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- Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.
~

That depends on the amount we are talking about. If you invested $50 in a coin between mid December 2017 and mid January 2018, and today it has turned into $15 then probably it's not a bad idea to gamble with the money in order to either make it $50 again or lose it completely. Indeed there's a chance to turn it into $300 even, but we shouldn't forget that the chance of losing it all is greater and that's why such an approach is suited for small amounts only. If we are talking about big amounts then I'd prefer holding, especially taking into account that according to many experts we'll see the all-time high this year.

BTCeminjas

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For me, gambling is given me an entertainment or something thrill and excitement when I played gamble.
It is the best time to play if I have a money or extra bitcoin just to relieve my stress after whole day work and gambling will help me to do that. Those gamblers who chasing money, the gambled every day because they think that was the source of their income and no selecting time for the to gambled.

camho

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with the little of my understand,,gambling is part of making money

emberbekas

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Quote from: goaldigger on April 04, 2018, 08:32:40 PM

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

- Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.

As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.

For coin holders facing a downturn in their investments, perhaps gambling can be an option to choose from. Who knows, maybe they can recover their losses from gambling. But certainly, the risk of losing more money will be there.

onrise

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Quote from: hahay on April 05, 2018, 07:22:59 AM

All the time is right to gamble, but if you gamble under pressure then you will lose out. Do not gamble when your condition is depressed or stressed, because it will make it difficult for you to concentrate. Hover with fun and relax, and do not make a target to gamble so you can gamble well and certainly not lose much you receive.

Ha ha either it is the right time or bad time which would be decided after the gambler knows how much they are either making the money or losing out the money. this iwll be applicable to all those who gamble to earn money and those who want fun they anyways would not be much concern about the time.

panjul07

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Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

I do not lose anything because of the drop because I do not sell my btc, I'll lose only if I sell it at lower price so there is nothing to recover.

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

I cant agree, there is a bigger chance for you to lose it all in gambling while you get less risk if you keep holding it and wait till the price going up again.

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.

Depends on what you like to do, for me gambling is just an entertainment thing to spend my spare time and money. Indeed trading consumes more time but if someone is used to do it then it wont be a big problem.

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.

I'll just keep holding what I have, I wont touch my BTC that I have for holding/trading purpose for gambling because I have my own budget for gambling.

bhadz

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Quote from: goaldigger on April 04, 2018, 08:32:40 PM

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

I feel that there's connection and there's conspiracy that manipulators are playing the economy it's only the crypto whales but the whole world's economy as Trump declares trade war.

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

Do you think its the best time for gambling? Given these following reasons.
- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

For example, You are holding 1 bitcoin and the value before was $7,400 and now it drops to $6,800. Yes there's a loss but 1 bitcoin is still 1 bitcoin. What if you lose and the price drops more, you are on lose-lose situation with this mind set. If you are only holding, hold and keep it.

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

No. If you think that holding isn't practical, Winklevoss twins will not be popular for holding more than 100k bitcoins. This mindset of yours makes you a dedicated gambler.

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.

Gambling is giving more pressure.

bakujo0817

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Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

if you holding a good and has great potencial even you have a certain loss as long has you never sell at loss you have still big chance to regain your lose in a future than risking your money on gambling,if you lose in gambling you cannot recover that again unless you willing again to risk your money on gambling just to recover but still theres no guarantee you could win

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

holding a good coin still practical than risking on gambling because in gambling is mostly relay on your luck even your good on gambling theres still small chance to win

Quote from: goaldigger on April 04, 2018, 08:32:40 PM

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.

i disagree with this if you have patient sticking on your plan on your holding it less the stress than risking in gambling that give you so much stress if lose big amount specially on losing streak.

BlockEye

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Quote from: hahay on April 05, 2018, 07:22:59 AM

All the time is right to gamble, but if you gamble under pressure then you will lose out. Do not gamble when your condition is depressed or stressed, because it will make it difficult for you to concentrate. Hover with fun and relax, and do not make a target to gamble so you can gamble well and certainly not lose much you receive.

Even the price of bitcoin drops, it has nothing to deal with gambling, I personally prefer only to play whenever I feel lucky that day whatever the price of the coin I'd be using, it will just depend on us if were into high betting regularly that we should consider the market.

hubballi

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First you have to decide that which gambling you are familiar or you can play and win. If you go for casino or dice type of games then in long run you will be in loss. But if you go for poker, sports betting then if you do analyse of games and some research & calculation with their old records , then you can come out with winning bets.

But what other have said is correct that if you are going to start gambling in depression or in process to cover your loss which happened in your portfolio due to market correction. Then it is wrong decision as you wont be able to gamble properly as you will be willing to win and cover your loss and in this way you will make more loss.

hahay

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All the time is right to gamble, but if you gamble under pressure then you will lose out. Do not gamble when your condition is depressed or stressed, because it will make it difficult for you to concentrate. Hover with fun and relax, and do not make a target to gamble so you can gamble well and certainly not lose much you receive.

susila_bai

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Quote from: goaldigger on April 04, 2018, 08:32:40 PM

Ive read some news and threads saying that stocks and cryptos is dropping low and indeed its true. Bitcoins price drops to $7K and is quite disturbing.

Do you think its the best time for gambling? Given these following reasons.

- A certain loss on holding a coin can be obtained if you win on a bet in gambling and can recover what has been lost to you because of the drop.

- Holding is not that practical because it can be much lowered in the future and better risk it on gambling than seeing it continue dying.

- Trading or Holding consumes more time and risk and it prolongs the pressure of loss in you mind and stress you through out the day and the only way to release it is to risk it in gambling.

As you can see, these things are only successful if you win and much stressful if you dont. What do you choose? What do you recommend? Need some answers.

I wont recommend to go for gambling on any situation if you are taking above points to go for gambling. Gambling is something different where you have to be patience and calm. If you are going for sports gambling then lot of analysis and research work have to be done before make bet so that you should be in profit.

If you are in loss of your portfolio then better be patience or if you can buy more on this dip to average your price is good.

Topic: IS IT THE BEST TIME FOR GAMBLING? - page 9. (Read 863 times)