I disagree about the crypto part. You can easily make a living of trading crypto assets (or stock). Most people screw up by not knowing what they are doing or following these random pump groups. Make sure you do your homework (or try simulated trading first: https://testnet.bitmex.com/) before you decide to start trading with your own money. And follow the golden rule: never invest money you can't afford to lose.
You are right about everything you said. But the problem is that inexperienced traders think they have what is takes to be full time traders just because they bought bitcoin or an altcoin a few years ago and then the prices exploded. So, they want more and decide to take up full time trading without the proper knowledge or guidance. 
Topic: My 2 cents - page 4. (Read 791 times)
I am sorry for your loss but it is your fault because you made some bad decisions. Crypto has never been stable and quitting your job for it wasn't a good idea. It is good that you have learned to forgive yourself but now you need to find a good daily job and forget about bitcoin gambling for a while at least.
This is just my two cents on bitcoin gambling.
I made quite a bit of money back in December when the bitcoin price was roaring. I quit my job since then and been obsessed with bitcoin investment.
Things didn't turned out as people hoped . Bitcoin price went downhill and i started to chase my loss. How ? Yeah, as stupid as this may sound.. Bitcoin Dice sites. I have lost over $50k in past years gambling in dice sites like Primedice, Bitsler & Yolodice. My personal life was devastated with sights of depression and bad relationship with my wife.
It was almost like i was somebody else when i click that auto roll. The adrenaline was like a drug that got me high. As much as i regret quitting my job and betting high on auto roll I learnt to forgive myself.
My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
I made quite a bit of money back in December when the bitcoin price was roaring. I quit my job since then and been obsessed with bitcoin investment.
Things didn't turned out as people hoped . Bitcoin price went downhill and i started to chase my loss. How ? Yeah, as stupid as this may sound.. Bitcoin Dice sites. I have lost over $50k in past years gambling in dice sites like Primedice, Bitsler & Yolodice. My personal life was devastated with sights of depression and bad relationship with my wife.
It was almost like i was somebody else when i click that auto roll. The adrenaline was like a drug that got me high. As much as i regret quitting my job and betting high on auto roll I learnt to forgive myself.
My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
Sorry to know your loss, but I am glad you realize that it's your fully mistake and you learn to forgive yourself. At least, you get the important lesson from gambling itself, and you can try to forget the past, trying to make a new life with your wife, ask her to forgive you and promise never be like what you did before. Everything will change as you start a new life with your family, and don't forget to search new jobs and remember to not expecting more in the gambling game because you already have the bad experience in the past.
OP you can back all the money like start first to find real job in real life then never give up there's always a hope and sorry for your wife like tell her you will learn from your mistake that's all you can do in your situation then if you need to cry then do it still you need to move forward like think positive you can solve that so do it now little by little another thing always think the future that's life so just go on fight
I'm sorry to hear your story mate. I guess it really boils down on how to manage and control our self in gambling. Been there, lost a lot and almost devastated my relationship with everyone around me. But one day I just snap and decided to quit gambling. I'm back playing again though, but I've change a lot and learn how to control and talk to myself specially if I'm on a losing streak. Hope though that you can recover, might be hard in the beginning, but I'm sure you can do it.
Gambling should never be a source of income, unless you are a profesionnal poker player. Most chance games like slots etc. aren't designed for gamblers to win. They are designed to make you feel like you could win. It's an overused slogan but in the end the house always wins.
This is just my two cents on bitcoin gambling.
I made quite a bit of money back in December when the bitcoin price was roaring. I quit my job since then and been obsessed with bitcoin investment.
Things didn't turned out as people hoped . Bitcoin price went downhill and i started to chase my loss. How ? Yeah, as stupid as this may sound.. Bitcoin Dice sites. I have lost over $50k in past years gambling in dice sites like Primedice, Bitsler & Yolodice. My personal life was devastated with sights of depression and bad relationship with my wife.
It was almost like i was somebody else when i click that auto roll. The adrenaline was like a drug that got me high. As much as i regret quitting my job and betting high on auto roll I learnt to forgive myself.
My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
It will never pay your bill especially if you quit your job which is your last hope but then again who am I to judge you. Most important is that you choose to change and willing to change just for the sake of your family and yourself.I made quite a bit of money back in December when the bitcoin price was roaring. I quit my job since then and been obsessed with bitcoin investment.
Things didn't turned out as people hoped . Bitcoin price went downhill and i started to chase my loss. How ? Yeah, as stupid as this may sound.. Bitcoin Dice sites. I have lost over $50k in past years gambling in dice sites like Primedice, Bitsler & Yolodice. My personal life was devastated with sights of depression and bad relationship with my wife.
It was almost like i was somebody else when i click that auto roll. The adrenaline was like a drug that got me high. As much as i regret quitting my job and betting high on auto roll I learnt to forgive myself.
My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
Martingale strategy doesn't really give you a good outcome especially if your luck is too low and it doesn't always go the way you want it. You may win today but you will never be going to win twice using the same strategy.
$50k!!! That's rich mate!! You have lost almost half of my mortgage value. You could have just converted back those bitcoins into fiat and set up your own business or invest that amount to traditional bank deposits to earn interest. However, all is well that ends well! I am happy that you learned the truth but in hard way!
And that's not all. From what I understand he lost money on his investment first and then tried to make it up by gambling and lost 50k there. It could be a 100k total loss from investment and gambling. I could only dream of such money and if I had it I'd probably be too scared to invest or gamble with it. That would be like my lifeline that I'd be afraid to cut. I hope he will find a way to earn it back.
This is just my two cents on bitcoin gambling.
I made quite a bit of money back in December when the bitcoin price was roaring. I quit my job since then and been obsessed with bitcoin investment.
I made quite a bit of money back in December when the bitcoin price was roaring. I quit my job since then and been obsessed with bitcoin investment.
Gambling is never an investment! It is a way of entertainment for adults. For investments, you should have looked at setting up your own mining rigs or something similar to that sort. You got it wrong from the beginning.
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Things didn't turned out as people hoped . Bitcoin price went downhill and i started to chase my loss. How ? Yeah, as stupid as this may sound.. Bitcoin Dice sites. I have lost over $50k in past years gambling in dice sites like Primedice, Bitsler & Yolodice. My personal life was devastated with sights of depression and bad relationship with my wife.
It was almost like i was somebody else when i click that auto roll. The adrenaline was like a drug that got me high. As much as i regret quitting my job and betting high on auto roll I learnt to forgive myself.
My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
It was almost like i was somebody else when i click that auto roll. The adrenaline was like a drug that got me high. As much as i regret quitting my job and betting high on auto roll I learnt to forgive myself.
My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
$50k!!! That's rich mate!! You have lost almost half of my mortgage value. You could have just converted back those bitcoins into fiat and set up your own business or invest that amount to traditional bank deposits to earn interest. However, all is well that ends well! I am happy that you learned the truth but in hard way!
My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
Not just this one, any other strategy also will not pay your bill. 
In my view the problem from you is not how to set your minimum bets but your problem is you were thought you can able to recover your lost from your investment portfolio through gambling and this is your mistakes i think and never considering such as that because gambling is unpredictable although today you win but there is no guarantee you will win again tomorrow
My advice to you guys is that betting minimum on 2X with 100% increase on loss will NEVER pay your bill.
The advice must be, gambling only what you can lose. Gambling is a fun way to spare time if you use the right judgment. You can't expect to quit jobs and gambling for living cause gambling in long term is profitable only for the house...
We already know that gambling is not a source of income but a source of devastation and depression. Why gamble if you can put your money earned in the bank?
Bank interests are low and you can't just deposit a few hundred bucks. Also they're only withdrawable after 3 months minimum.
We already know that gambling is not a source of income but a source of devastation and depression. Why gamble if you can put your money earned in the bank?
Crypto, Investments and Gambling should never be a full time job but only a hobby and a bit of fun to kill the time. If we are able to differentiate that there shouldn't be any problems. Sorry to hear about your misfortunes.
I disagree about the crypto part. You can easily make a living of trading crypto assets (or stock). Most people screw up by not knowing what they are doing or following these random pump groups. Make sure you do your homework (or try simulated trading first: https://testnet.bitmex.com/) before you decide to start trading with your own money. And follow the golden rule: never invest money you can't afford to lose.
Pretty subjective actually. If you have the discipline and funds to sustain then by all means but many don't, including myself.
Sad thing is, you could slowly build your wealth and lose it all in just a few days of getting "tilted".
You can easily prevent that by setting a stop loss. It's not that hard making a few $100 a day by swing trading. As I said, you do need to know what you are doing.
I think the best advice is to NEVER quit your day job, unless you have some solid backup plan.
Quitting your job to use your life savings on gambling?
That's certainly very stupid. There are no shortcuts.
Well, there are from time to time good opportunities, like Bitcoin was 3-4 years ago. But you can't create those situations, and try to get easy money in gambling won't help you either, it will devastate your portfolio
Exactly, but I'm pretty sure he's not the only one. I remembered this article which mentioned some Dutch guy sold his house for Bitcoin. God knows how he's doing right now.
I think the best advice is to NEVER quit your day job, unless you have some solid backup plan.
Quitting your job to use your life savings on gambling?
That's certainly very stupid. There are no shortcuts.
Well, there are from time to time good opportunities, like Bitcoin was 3-4 years ago. But you can't create those situations, and try to get easy money in gambling won't help you either, it will devastate your portfolio
Crypto, Investments and Gambling should never be a full time job but only a hobby and a bit of fun to kill the time. If we are able to differentiate that there shouldn't be any problems. Sorry to hear about your misfortunes.
I disagree about the crypto part. You can easily make a living of trading crypto assets (or stock). Most people screw up by not knowing what they are doing or following these random pump groups. Make sure you do your homework (or try simulated trading first: https://testnet.bitmex.com/) before you decide to start trading with your own money. And follow the golden rule: never invest money you can't afford to lose.
Pretty subjective actually. If you have the discipline and funds to sustain then by all means but many don't, including myself.
Sad thing is, you could slowly build your wealth and lose it all in just a few days of getting "tilted".
Crypto, Investments and Gambling should never be a full time job but only a hobby and a bit of fun to kill the time. If we are able to differentiate that there shouldn't be any problems. Sorry to hear about your misfortunes.
I disagree about the crypto part. You can easily make a living of trading crypto assets (or stock). Most people screw up by not knowing what they are doing or following these random pump groups. Make sure you do your homework (or try simulated trading first: https://testnet.bitmex.com/) before you decide to start trading with your own money. And follow the golden rule: never invest money you can't afford to lose.
my advice to all people i see is if you want to be a successful person in whole life is stay away from CHANCE-RELATED things specially stock exchange and Casino games all of them are hoax
the worst thing about human is at start they think they can beat the odds casinos and stock exchanges and thats what exactly they want to reap your money and thrown you in a trash can nobody can imagine how i worked so hard 24/7 and i busted over 100K$ in these . and im living on my last pennies .
i went to deepest of chance related things in my life and thats all about loss and the people are successful are less than 0.00001% . and thats about their pure instincts that can avoid them from harm and lead them to the victory .
start over a job forgive the past and try to save money and start a good business beside of it , im sure you will be successful .
there is no anything in gambling you will be able to analyze thats all about hoax and short term things and you will get crushed so damn hard in long term.
All The Best.
the worst thing about human is at start they think they can beat the odds casinos and stock exchanges and thats what exactly they want to reap your money and thrown you in a trash can nobody can imagine how i worked so hard 24/7 and i busted over 100K$ in these . and im living on my last pennies .
i went to deepest of chance related things in my life and thats all about loss and the people are successful are less than 0.00001% . and thats about their pure instincts that can avoid them from harm and lead them to the victory .
start over a job forgive the past and try to save money and start a good business beside of it , im sure you will be successful .
there is no anything in gambling you will be able to analyze thats all about hoax and short term things and you will get crushed so damn hard in long term.
All The Best.
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