Topic: Project 1BTC (Read 1316 times)

A win is a win right

Lost my free bet again. Will try next week again for sure this time may be lower odds . The bankroll stays the same.

Here you go if any want to sweat along me;

Another tournament win. Now let's hope that my free bets do some good

Wow! I lost 10$ in total even after winning one tournament. I won free tournament (23$ free bet) and secure 10$ free bet in another tournament. I have to place a bet worth 10$ in order to participate in premium 500$ tournament in which every one is promised 10$ free bet. But still despite all the favorable odds I lost 10$ in total. This shows how much variance there is in gambling.
I guess I am not well in sports betting next time I will do more research before placing free bet. Updated bankroll is 235$..



 

A big boost to the bankroll.


 

sounds like you are not just lucky but a knowledgeable gambler mate , you are running good with chances though i doubt that you can just easily win or earn 1 bitcoin in this whole journey.

goodluck and have a good run .

Won DGbet premium tournament and secured 4th position at DGbet free tournament. Possible big boost to my bank roll. I will update after placing free bets.

Finally one of my free bets paid. Updated bankroll is around $280. From today I will put some serious efforts in the challenge.

Finally the super busy Diwali fortnight celebration is over (still one major festival remains next day). I have not got any chance to play as house renovation and family gathering was going on (Indians can relate how hectic Diwali month can be ).
Though I played few hands (as a ritual to gamble on Diwali) and lost badly. I have updated my bankroll in OP. I lost around 60-70$ in one hour but enjoyed a lot with my family and friends which is most important to me.
I will be putting some serious efforts in this challenge after 5th of November after that you will be receiving regular updates. Two major freerolls are happening worth $5k GTD and $2k GTD and though I will be busy but I will try to play somehow (on my phone). If you also want to participate check out my thread; Selected Poker Freerolls, Less Competition and Big Value.  

Thanks and stay connected!

Sure! though trading is not my forte but I am all ears. Please give me more details.

Thanks for the complement. I am not sure it is a smart approach but it will be fun and interesting that is all, which matters to me from this challenge.    
 

Well, good luck brother. It will be interesting to watch your progress! I will be keeping an eye on it.

You'll better start trading than gambling 

Sounds like an exciting journey! Combining poker with crypto investments is a smart approach. Keep us updated on your progress, and good luck—stay patient and enjoy the process!

Lost my free bet again.

You know it won't kill you to be a little bit nicer

I barely played this week (no cash tables, no tournaments, nothing) because I have been super busy with my regular job. Although I played a $500 freeroll yesterday and won (lucky fish ). I won a decent size free bet around $100. I will update the topic after using my free bet (hopefully this time I will win).

It's nice to see your post being moved from "Bitcoin Discussion" to "Off-topic" where almost no one reads it.

Good job moderators 

/Over&Out

So my hunch was right! It is indeed a nostalgic perspective of an old man.
Although I have to take it with a bit of salt, as @Vod still has to confirm it!

If I can chime in here, maybe this might make more sense. If we think of the human brain as a complex memory machine where we store our experiences according to certain patterns, we can imagine that when we're immersed in interesting experiences, our brain logs more memories than when we're just doing tedious and boring tasks. This can lead to a subjective perception of time in retrospect.

Basically, when you're having a blast, your brain's firing hard, soaking up a bunch of info and  that builds a thick web of memories.  But when you're bored your brain's chilling on cruise control, not recording as much detail.  Looking back later, those fun times stretch out longer in your mind cuz you got so much more to remember.

Already addressed please read previous posts.

Thank you for your best wishes! I will carry on for the time being, at least.

i also thing this is ciompatible here in off topic mate.

indeed , showing the wallet will keep us track the progress of your targethere.

actually for what we have seen many times before? this is a suicide mission 

Thank you for revealing the secret to eternal youth: 'be always on the brink of a heart attack'. That is some serious time dilation theory for metaphysics . Jokes aside, your comment reflects the wisdom of an experienced (aged ) man and I am still making sense of it. I mean, I know that deep philosophical advice is generally paradoxical in nature, but I am having a hard time with this (maybe you can explain a bit more to a noob).
For me, 'time flies' when you are immersed in interesting, thrill-based novel experiences, and it slows down with less interesting routine work. But I guess you are arguing from a retrospective perspective (experienced aged man), but even then...

Yep, it was all luck! I am just a lucky fish . You are a good player who just got unlucky on the river. Do not let this affect your good gameplay; you will catch me sooner or later. Will see you at the table next week

THE STARS WERE IN YOUR FAVOR I GOT TWO PAIRS with A on the river(you reeled me in pretty good bro)


Congrats.

---

in my case i like to SpeedLearn (crashcourse a lot of skills) and apply on a single day/night(or a single session) mostly when im really bored , or have nothing else to do.
I have a not so poor success rate, (subpar), but when i get to learn and apply it all in one day, its a different kind of joy.

But forget almost everything about it in a week or so.

Also, novel experiences make time appear to go by more slowly.   If you do the same thing daily (go to work, go home, meet with friends, etc) you'll suddenly wonder where all the time has gone.

Some people also get off (dopamine) on adrenaline rushes.

                                                                     

The prize which I got for 2nd place was 70$ free bet not 130$, my mistake. I have updated the thread with right information. In case you want to know what happened to my free bet, here is the screen shot:

I do not want it anywhere specifically, I am more then happy by the mod's decision to move it again on off topic. And this is the second time the topic has been moved by mods. I will carry on with my little experiment here .

This topic is already moved to Off-topic where it belong since you want it on Bitcoin discussion. I’m skeptical if you will still received any impression for your little experiment.

Congratulations btw on your recent win on poker tournament. It seems you have the tough luck when it comes to free tournament maybe just stick to that and avoid real gambling? 

your idea is really nice, i know very well how difficult it is to accumulate satoshi but i think it's also part of the fun to write down exactly how you do this
i can only wish you good luck in this regard
and i really hope that your dream and your intent come true

                                                                          BALANCE UPDATE
I was not able to play any poker on days 11 and 12. I played freerolls on my local Indian poker platform but nothing serious. I made 5-6$ bucks but also lost on cash tables, so overall I made around 2$ after day 12 (played less than 2 hours). But on day 13, when I decided to put some serious effort into cash tables, I grinded for almost 6-8 hours (1 hr each session) and made around 40$ playing on almost 4 platforms simultaneously. I would have been up over 50$ but decided to play a 15$ bounty hunter on 7xl and lost badly (I played bad).To make things even worse I realized that my free bets worth 20$ also expired.
Today is a very different story though. It seems like finally my consistent approach to playing selected high-value freerolls paid off. I secured 2nd place and around 130$ in prize money. I was the big chip leader heads up, but sometimes you can't beat variance, although I feel good about my play.
So updated balance is around 360$.
Below are the screenshots of some big hands and tournament place which helped me greatly.


Yes, mostly, but when I win on platforms where they don't have enough players on cash tables, I usually cash out. Right now it's not possible for me to convert all my balance to any specific crypto for practical reasons (different tournaments, table selections, etc.), but I will surely do something along those lines as I progress.

Everything has its way but it is undeniable that in the end what makes collecting 1 bitcoin will be a little more difficult when the path chosen by someone in trying to collect it.

It is still possible that 1 bitcoin can be obtained when we invest at least the risk is a little smaller but indeed making this a gamble also does not rule out the possibility that it can still be done when you are really lucky, it's just that the problem here is that we are too pushing luck so it is quite sceptical when trying to collect bitcoin by gambling because we know gambling is always the same where the ratio of losses will definitely be greater than the victory and we cannot close the facts with that.

Not that we shouldn't gamble or do bitcoin collection by gambling because in the end all decisions are of course personal rights and we are free to do whatever we want but in the end when there is a more comfortable path in collecting bitcoin why should we look for a more complicated path.

Actually, I think they do want you to get started. Not in hope that you'll lose your money there, but more towards "the more the merrier". Besides, the free competition by SB [at least the ones that's held by jeremypwr] are... very likely requires luck, no matter how... iPhone-sounded you are at predicting sports event, as his game is interestingly require you to correctly guess the previous point before you may continue and eligible for the next, for example:

I see that you have both given each other negative feedback, but those trust ratings mean nothing in the bigger picture because neither you nor him are part of the DT network. I see no reason to create a flag. The flag can only become visible if three or more DT members support it, without other DT members voting the other way. Since this is an argument between you and him, I don't think they will. You also shouldn't create a type 2 or 3 flag because he didn't scam you and he didn't breech an agreement. The type 1 flag is a general warning informing the community that a user is considered dangerous, and dealing with him could result in the loss of money. We don't know that, so supporting that flag wouldn't be right either.

The guy has a negative opinion of gambling and probably sees it all as a scam. I doubt you will be able to change his view on that, so just let it go. 

We suggest different opinions and we stick to the ones that will favour us in the market. We thoroughly make our planning but never to forget too early that the market also have its own plans for us, this is main reason why alternatives sets in.

Losses are made everyday, the same thing applicable to profits, we just have to be extremely careful in the space, know what's important for us and go for the best options. Convenient means of earning bitcoin is definitely stacking up your portfolio. I know how compulsory it can be for all of us to understand the system but only few have experience. We know that's the best teacher and we just have to do what's right and good for us. Buying bitcoins feels safer than using it to gamble because it's never guaranteed for one obtained massive profits.

Nice little experiment, OP.

But if you continue on with gambling and trading (which I also consider gambling unless you are one of the 1% of traders who know what they are doing) then all that money will be probably lost very soon.

I enjoy being proven wrong, so I will continue to watch the thread.

Good luck.

Do you leave all your balance on your casino account after you play? You can use a low gas fee shitcoins such as Doge in able to save fees to collect all your balances at one wallet then deposit back to different casino when you want to play again.

Doge is good choice since investing on meme coin is part of your strategy to reach the 1BTC goal.

Anyway, it’s still your call on how you manage your bankroll. Try to avail no wagering bonuses of casino, it will give you some extra money if you play it safely. I suggest avail the winz.io wheel of winz.

I missed this post, but you did not! (Thank you for following this closely.) When he mentioned 'a priori,' which as per Kant has nothing to do with evidence or logic, I am simply unable to operate outside it, so I cannot comment.
Every time you comment, there is so much essence in your posts, but this time I am a bit disappointed as it contains a posteriori knowledge . I mean, come on, how can you see beyond the obvious (the first thought which comes to your head)?


I have already answered it please read previous posts.
I thought of doing the same, but the problem is I am playing on different platforms. They all have different wallets, and it would be a very lengthy exercise to do so. That is why I restricted myself to screenshots. Though your suggestion is quite good, I will try to upload more screenshots showing my balance on different sites after every session.

The calculation you did it’s look an easy way of earning but this won't happen easily. However gambling is a great way of earning though it is risky but you said you are so consistent on this. I thunk if you are in good there it’s better for you to continue there and buy btc. The project btc is not much concern with that and it is so tough to earn from the market cause you are targeting memecoin. However i wanna say that you need to earn are hold btc any way if you wanna a rich person in future.

This thread is suitable for gambling discussion board since the main purpose of the thread is to record your profit from poker(gambling).

Also, it will be cool to follow if you will show the wallet address which you hold your balance to make your progress transparent and match with the list of progress you recorded on daily basis.

I wish you a good luck on your journey since it’s very hard stay on profit side in gambling even though you get most of your money on freeroll.

Have you ever wondered why people jump from a parachute, risking their lives? Or why someone loves speed and races at night, risking their lives? Why does anyone do anything that others consider unacceptable and quite difficult? After all, you can just sit at home, eat buns, and watch TV without any risks.
I will help. Because people want to do it, and they like it.
If someone has a different worldview, he should not influence or deny the existence of something else.
I want to say that the OP chose this path for himself. He likes it. He does not affect the rest of the skeptics in any way, except perhaps by causing them envy, since many are afraid to take risks.

I have no idea why he gets the impression that I am scamming people. He could have just posted his criticism (no matter how harsh) towards my approach (like yourself and many other members). But instead, he just made a false accusation and ran away like a coward when asked to submit any proof. This behavior is a classic example of trolling, which should not be accepted here, especially when accusing someone of a scam.
I challenge him to show any sort of link between scam casinos and me, and this will be the last day of me in this wonderful forum. The other option for him is to publicly apologize to me, and we can go our separate ways. I will also open a flag if needed; there is no place for baseless trolling in this forum. You cannot just simply hit and run.

OP mentions Betcoin and Stake once in this topic, and the overall idea is not to try to allure or persuade players to play there. Even if that was the case, these are two popular crypto casino brands and not unknown casinos that could benefit from such shilling. With or without OP posting about them here, they have tons of players and don't need him. So, I don't agree with you, MeGold666, that he is trying to scam someone with his mentioning of those platforms.

I wasn't convinced of his methods and ways in which he intends to earn 1 BTC, but it doesn't smell as a scam. It would make more sense to accuse him of shilling that meme coin he mentioned a couple of posts ago. But even that doesn't shed a positive light on the project because he claims to have lost money on it. All in all, you don't have a case.

Your wit has caught me many times . Thank you for giving him at least one sensible accusation , I mean who knows he can still copy your idea.
Yeah, you rightly pointed out my biggest fear (one of the reasons to start this marathon). I do have a job (nothing fancy but decent enough), thanks for your suggestion regarding freelancing. And regarding casino freebies; Believe me, you really do not want to get me started (I am an ultra pro max level player).

Two things,

One, to MeGold666, I skimmed through the pages, so I might miss something, but how exactly is he scamming? I didn't see him promoting his casino anywhere, other than listing casinos with free rolls, unless you're saying that he's somehow the owner of Betcoin? Of which I will laughed out loud and most likely hurt myself due to a severe stomach cramp. Unless you have a concrete evidence that point out to your suspicions, I don't think this is a scam attempt, not even promoting casinos [of which he's not the owner or even their staff]. It's merit fishing at best. If you want to throw muds into OP, use that, it's more logical than accusing him of scam.

Two, to OP, memehunter like yahoo, I am interested to see if you can reach your goal, and for that, I'll watch this thread from time to time. Hopefully you didn't lose your interest mid way and lock this thread. The advice to get into signature campaign and do a freelance job will certainly speed up the process. And oh, don't forget that casinos do promotional contest from time to time.

For example, two that I currently know are open for public [not invite only]: one from SB and one from BC

Ok I will see you in reputation board; https://bitcointalksearch.org/topic/--5512541

What more proofs do I need ? Your posts about "winning" and sometimes losing are enough, you are just advertising a gambling platform that scams people out of money.

And I hope you burn in hell for it.

/Over & Out.

I dare you to prove your accusation, or I will open a topic in the reputation board.

Even worse, he is trying to make money out of luring people into his scam gambling platform.

Never underestimate marketing people, they will create a whole world of delusion just to lure people into a scam.

I have already reported his post, hopefully gets removed before some poor souls follow him.

OP wrong section. You're looking to make money from gambling, not build a wealth of Bitcoin from hard work and savings. If you want to try to do this, you just need to look up DCA. At current price it may take years, I assume you are like me making Asian salary, but you never know, sometimes big dips help a lot.

He is just advertising a scam platform....  

I completely agree with you. Why gamble? I bet that this path will only lead to loss of money. You can buy a small amount of Bitcoins with each salary and not touch them until the goal is reached.

What is this absurdity? How can you start the path to such capital from scratch? It is a priori impossible. Why do people strive to deceive themselves?

Probably you have said this in a sarcastic way but if not, let me explain: I am not gambling (I have explained this too many times). Even if you consider poker as gambling, this topic is not all about poker; poker is just one of many things I have in mind. Mods have already moved my topic based on their own discretion.

You gave me an impression of someone who just has superficial knowledge of how poker works. Since you are so sure about how so-called 'small bet poker players' operate, why not have a heads-up match with me? We will play 1,000 hands live on stream, and you can catch all my bluffs . If you want to proceed, please let me know, and we will discuss the stakes and nitty-gritty details.

I appreciate your effort, but this post belongs to the Gambling forum.
Investing in memecoins? Seriously? Making one BTC by playing poker? Seriously? Just get a job, start saving money by buying BTC and after a several years you might get one Bitcoin. You say that you are not a risk loving poker player. How do you plan getting one BTC without taking big risks and going all in when you have good cards? Pokers players that don't make big bets are usually predictable and it's easy to catch their bluffs. Also, do you really think that investing in memecoins will make you rich? Memecoins are created for one purpose- to make their creators rich, not their investors.

I haven't played much during these days (busy with other stuff). I've mostly focused on playing cash tables and grinding my stack back, which I lost because of a meme coin. Yesterday, I realized that I had lost many of my free bets ($20) due to expiration. I had no MATIC to pay transaction fees, as Binance stopped MATIC cash-outs, and I couldn't find a single exchange for a low amount of MATIC. I tried getting a loan here but failed. Anyway, I will be more careful next time.

There is already lot of information available online for free. I will take it as a compliment anyway.

Sure if you can help me with some well researched tips.

Bitcoin has been a solace thanks to this forum; had I not joined in 2014, things would be completely different now. I've been observing your topic for the past few days, and I have to be honest, I'm impressed with your determination. You have achieved a bankroll of $153 practically starting from zero. Do I believe that you'll achieve your goal? I highly doubt it, but I'm confident that you'll actually manage to yield a reasonable amount of money if you continue that way. I'd also suggest you do sports betting if you're up for sports.

Honestly I'm impressed the way @OP can make money from zero, although it's not entirely zero since he must be a poker player that at least above average and he's not in financial difficulty. It's actually possible to make some bucks without bet anything if we have skill.

I think it will be a long to go, maybe few months? as long as the meme coins you invested go to the moon.

@OP, you should share your poker skill and technique in gambling discussion.

I hope and wish for all the best on your journey! Even though it's a risky path, each decides what potential he utilizes to get to what he desires.
Just diversify your efforts, and funds, and don't get distracted by temptations.
What do you think about Pochita on SOL?

                                                               
So my meme coin just hit my stop loss and I cashed out. That was a calculated risk which did not pay off. Anyway, I will again build my bankroll by playing poker and will continue researching more opportunities. Updated balance as of now is $153.
You have a point here. I was already playing tournaments but from now on I will increase volume. Thanks for the motivation and suggestion.

What a cool idea for a thread. I myself am a professional poker player. I currently mostly play 5 tables of 100NL with a mixture of 200NL and 50NL when games are good or dry. This is definitely possible with good bankroll management. I would advise away from the meme coins, because they tend to suck, but if you stick it out in poker you can go far.

Cash games in my experience are really the cash cow for making money. If you want to do a long shot, I would advise putting some money in a tournament rather than a meme coin, because you'll have way more control over the outcome. Freerolls are great for building a bankroll, but once you get that going, I'd go heavy into cash games, but that's just me.

Last month I made over $6,000 from Poker myself after 75,000+ hands with over 172+ hours of play. If you grind hard and with mental discipline, you can go far.

If Bitcoin surges in the next year or so it could take quite a long time, but also the opposite could happen and it would make the goal more achievable. Good luck on your journey sir.

The moment this was not a long term strategy using whatever amount the OP could save each week to accumulate bitcoin, I knew the OP was going to take massive risks in order to try to get to their goal, and that is exactly what is happening, so while I wish them success, I also know the probabilities this could happen are very low, as not only they need to win consistently on those poker free rolls, but they also need to invest in the right altcoin at the right time, a series of events that I think are more unlikely than winning the lottery.

                                                                                                 
As you already know, I have been searching for a good meme coin to invest in. After a lot of research, I have decided to invest in a very promising meme coin, MOODENG.
This meme coin is based on the true life of a baby hippo and is currently generating a lot of interest on social media as well as being covered by mainstream news channels.
I have checked this meme coin on multiple parameters, and all boxes seem to check.
I have invested 1SOL for now;



All powers to baby hippo MOODENG

I was honestly intrigued by your plan of starting from zero to get to 1 btc until I read that your definition of starting zero is to gamble. I know freerolls do not require entry fee but aren’t you supposed to contribute to the pot money? One way or another you are taking something from your pocket. Anyway, this is risky and I don’t think it will be sustainable trying to earn like this. If your goal is to get to 1btc expect that this kind of method will take you years to get to your goal.
I thought this was supposed to be project btc? You are taking risks by gambling and taking even more risks by investing in memecoins. The money you will get to invest in bitcoin will not come from investing in memecoins, this much I can tell. Memecoins will not give you huge profit unless you put huge money in it as well. Even then you do not know if it will actually succeed. Well anyway you did say that this will be a learning experience for you so I am not discouraging you. I am just saying I think that this plan will be unsustainable and will take too long. I am still curious if you can actually make this work.

       Finally variance caught me. No matter how well I played, I lost every big hand. At one point, I was down to half of my whole balance. Even after a long grind, I did not manage to book a win today, which is completely normal, and honestly, I was expecting these downswings. The good thing that happened was I did not raise my stakes and continued grinding at the same stakes, which finally resulted in me getting most of my stack back from recreational players.
In case you want to know, I changed my platform from betcoin.ag to stake.com as I wanted to play more tables. So my bankroll after day five is $192 + $5 free bet (Yeah, I have not used my free bet yet). I am still figuring out which meme coins to invest in. I have shortlisted many, but I think I will do more research before narrowing them down to 3 or 4.
I already knew before starting this challenge that it would be a tough task and there would be days where nothing would go right, but I have to keep learning and focus on being better because, Dream is bigger than Pain.
Here are my two biggest wins today:
 

Whole life is a risk even 'seeing', I mean you can get hooked .

I do not understand a thing as I am quite stubborn and stupid. Please do not hesitate to guide me I will be much obliged.

Quite an analogy! but I am afraid sometimes we deliberately search for explosions in life, explosions of excitement and adventure to test our beliefs.

Now that is worthy discourse. Phenomena are not based on etymology; in fact, wanting to understand anything based on etymology will always lead to lesser understanding in an epistemological sense. For instance, try to understand homosexuals based on the term 'gay'. You need new evolving concepts (sometimes even contradictory ones) to have a good grasp of any phenomenon. Who knows what 'meme' will mean in the future because of so-called 2D meme coins and their impact on financial markets.
Meme coins nowadays paint a picture that is full of dreams, fears, greed, and passion (for some artists as you mentioned). It is not a monolith but becoming a spectrum, and in my humble opinion, we have to see them in this light (we do not have a choice anyway ).

It might be at approximately this point that an investigation into what is meant by the term meme coins might be useful, possibly in-particular some kind of category-boundaries theorem permitting determination, given a prospective coin, whether or not it is to qualify for the category.

Of particular professional / business / personal interest to me in this query are such coins as Gold Pressed Latinum, Melange (SPICE) and United Federation Credits, which it seems to me are examples of memes in a possibly deeper sense that has in recent decades possibly been somewhat overshadowed by a more "two dimensional single-frame cartoons" applicability of the term.

If one were to consider, for example, the designer's intended "appeal" that they attempted to design into the coin, does not it seem to point at the existence, or imagined existence, of a meme-in-the-deeper-sense (the "dictionary sense" maybe even)?

-MarkM-

I'm really curious to see what your strategy will be, because mixing poker with memecoins is, in my opinion, a ticking time bomb. Therefore, I think that any money you make from this, spread it across other businesses and make them multiply, don't bet all your chips on memecoins and poker, because it certainly won't work in the long run. But I wish you luck.

A maximum effort in an effort to produce one bitcoin from zero and until today the progress of your investment value has been seen as written above, especially on the fourth day. Btw, views can certainly differ, right? Well, I personally am not yet interested at all in trying what you are doing now and am more focused as usual.

In addition, I think you already understand where the constructive suggestions and opinions that have been conveyed by other friends or seniors are headed and I am sure you will continue this discourse.

I like the challenge you have taken but the process to achieve it is what I don't trust. I was reading Op and saw that you made $21 and it grew exponentially, and I was about believing your process until it crashed back to zero. This thread is teaching us something important, other than achieving 1BTC.

I am not comfortable in the whole process. It looks like accumulation of risks;
Owning BTC is a risk,
Playing Poker is a risk,
Investing in meme coins is a risk;
Trading is a risk;
The whole process is full of risk. Let's see how it goes.

I've been watching the thread and I think you've been playing without having the necessary bankroll, so I think it's good that you've cashed out. The goal you set for yourself is very high, and extremely difficult to achieve with freerolls. Now you say that you are going to combine several things to get there but if you invest/bet in something relatively safe you are going to get little profitability and if you do it in something risky you can be lucky and win a lot of money in a short time as it has happened to you now but you have a proportional risk of losing your money.

I see your plan, and it's not too risky if the amount is manageable. As a gambler, I know you’re good at managing risk. So far, you've already made a profit by day 4, which is impressive! Keep it up and keep impressing. One BTC might seem far off, but it’s definitely not impossible if you consistently save and stay disciplined.

For sure, I need a lecture (especially from an experienced member like you). I am just a newbie, and 'I know very well that I don't know' (Socrates) .
Most of my cryptocurrencies are stored in physical wallets. The reason I decided to have this  on an exchange is just for ease of access in the initial stages, as I have to move and convert funds frequently.
Although I have just converted my funds to SOL as I will be investing in some meme coins. Thanks for showing vigilance, as I completely agree with you that one should not store their cryptocurrencies on any centralized exchange, especially large amounts (subjective).

I don't think you need to be taught that you shouldn't keep your funds on the exchange. I can see you smiling( ), and I think you don't expect advice on storage. However, how about getting a hardware wallet and starting to invest bitcoins in it, with some amount that will be the initial investment on the way to success?

                                               DAY 4 UPDATE

The day started with losing every tournament I registered for. But then I played at cash tables and waited for some fish to catch. After waiting and grinding for many hands, I finally stacked one loose aggressive player.

This increased my total balance to $213. Now I have decided to cash out the whole amount since 200 USDT is the minimum cash out (if you are not depositing anything). I will now invest small amounts in different avenues. I want to invest in three different places, $50 each, and will continue playing poker with the remaining amount.
If you have any interesting suggestions, I would be much obliged.

Small update: I have received my cash out in my binance wallet.

You must have thought about 'Infinite monkey theorem' while supporting my vision for the challenge .



Joke aside. it feels so good that highly reputed members like you are paying attention to my thread. Your guidance and encouragement means so much to me. 

Possibly your skills at futures trading are better than your poker skills but that might not be true for everyone nor in particular for the O.P.

I could just as well claim that one has more chance using pasts of ancient vintage coins and years of experience working with their various generations of teams over long years, but has the O.P. that set of skills, knowledge and background?

I could see saying one would be better off using one's day-profession but the O.P. already informed us he or she already did that, that this adventure is a side-gig basically... Thus presumably one anyone who typically profits over time playing some game or other, at least if it is at least partly a player versus player game rather than a player versus "house odds" game, could hope to emulate.

-MarkM-

When I saw the title I thought 0 to 1btc from freerolls is going to be a long journey, but obviously I read the 1st post and saw that you will also be playing buyins. Still going to be a long journey, but 1 that can be achieved for sure with some patience, skill, and of course a little luck. We all know best hand preflop does not equal best hand on river.

Good luck, i'll be watching from time to time and see how you progress.

Is it all going to be generated from gambling? Sorry in advance not to be patronizing but I think trying to do with collecting bitcoins from gambling that is done I don't think it will go well because after all we know how gambling schemes are so although it is still possible if you are really good at it but I don't feel that it will be a realistic thing.

It would be better to try to make money with other methods than by doing it with gambling because after all even a big win can be wiped out by a big loss so even if you are still confident and excited but honestly I am skeptical that something like this can happen.

But this is just a form of advice because after all you are doing it yourself so you are free with the money you have to do bitcoin collection with whatever scheme you try to do but do try to slightly consider the suggestion to replace the method not with gambling.

Day 3 was a busy Sunday. I cashed out two tournaments for around 41$ (bought in with money earned through free rolls).
 
Then I played at cash tables and managed to win some decent hands which increased by bankroll to 130$+. I also secured a 5$ free bet for just participating in DG bet freeroll and I also have one unused from previous tournament.
.Surely, I am all ears! Thank you for your continuous support. Right now, I am focusing on poker for seed capital, but things will change as this challenge progresses.

From what he wrote, I wouldn't conclude that the OP has no money, but that he wanted to set a challenge with the goal of one day being able to have 1 BTC that way. Maybe any association with gambling is negative, but I can agree with the OP that poker is still a game of strategy and luck, and there are professional poker players in the world who make millions $ from it.

Maybe the OP should consider combining poker, signature campaign and DCA to achieve his goal - I think it's better to look at all possibilities than to focus on just one.

Seems a long shot & unlikely situation where you’re able to reach one Bitcoin this way. You’re far more likely to reach your goal by simply working hard & buying Bitcoin regularly, over a long period to get as much Bitcoin as possible. You probably have more chance using futures markets to get to one Bitcoin than winning in poker. I think the best option is just to DCA & keep building towards your goal though.

Yes, my updated balance ($21) is the profit even after an initial loss of $10 on day one, since I have not deposited anything in the first place.
Poker is definitely not gambling; it is a skill-based sport, and I can prove it to you mathematically. It is a PvP skill game where you can make +EV decisions every time, which is not possible in traditional gambling (you could argue for blackjack, but no matter how soundly you play, you cannot beat the house edge, assuming you are not counting cards). The same is the nature of meme coin investing; you have to research a lot to be profitable.
I know BTC and cryptos are different. All I want to show is that I have other coins apart from BTC, and to summarize, I used 'crypto' as a general term.
Thanks for showing continuous interest in this thread. Stay tuned.
 

If you subtract from that $20 the amount you lost in previous rounds that day, are you still in profit or did the day end with you spending more than you won?

Poker is gambling. Meme coins are get-rick-quick schemes.

I said bitcoin, you said crypto. Those are two different worlds and philosophies. Both use a blockchain in one form or the other, but they were created by their developers for different reasons.

You're welcome.
Consistency is the key here, no matter how long it takes as long as you get something everything whether it's low or mid-range amount per day. That's how you'll be able to make it. I'll check this thread once in a while and see how you're progressing with this journey that you have started.

Day 2 was average. I lost a couple of big ones but managed to get in the top 50 in a $1000 GTD and won $20. I also secured $1 in another freeroll.



Wow! Thanks for the much-needed motivation. You presented my approach to this challenge in a clear-cut sense (I have to admit even I could not have presented it this well). The way you philosophize—I mean, I always get so much positivity from you (if you remember our previous conversation). Thanks a lot!

I am trying to learn many things from this wonderful forum through wise and experienced members like you. Although I get the point, I will try harder. Regarding my starting point, I was indeed pondering many options like 0.001 to 1 BTC, 0.01 to 1 BTC, etc., but I thought it would be more interesting and relatable to the majority if I start with zero. BTW, you have a valid point here.
And about me losing $10 in winnings on the first day, it's just how poker works—you win some and you lose some—but if you make more right decisions, you will be in the green in the long term. So I will keep doing that until I reach a couple of hundred bucks.

Poker is not gambling; the same could be argued for well-researched investment opportunities like meme coins. I am not sure about your conceptual understanding of gambling, but mine says stay away from -ve and invest in +ve. Thanks for your insightful feedback. Stay tuned.



I do and I am invested in crypto for a decent part my portfolio.

Anything that can go wrong will go wrong, and at the worst possible time.' - Murphy's Law.
My only add-on is that it could also be said for 'right'.

I agree; with gambling, it will be too hard to achieve that. I wish I could find solace like you with my present financial condition.

At least it will be a wonderfully grounded start.

Thanks for the best wishes  . I will definitely try my best to be consistent.

I will be adding more graphs and screenshots later on as I will have more data. Thanks for the positive vibes.

Haha, I consider myself a barely average player (who knows a thing or two about the game ). Thanks for following my other threads.

Thanks for such hopeful words.

Thank you for believing in me that I can achieve that level of success (thousands of dollars ). I've definitely experienced what you're describing in gambling. In fact, it's possible in any financial endeavor, but gambling accelerates the process significantly. Poker, trading (especially the kind I suggest), and gambling share a similar nature in this regard. That's why I'm here among wise and experienced people like you to navigate the challenges that would be difficult for someone with an average IQ like me.

Not at all! I like it hard and rough . Thanks for making a distinction between poker and gambling. Many people usually miss that.




 

It may seem like discouragement to OP but literally the best advise. Using money gotten from gambling to invest is not to be condemned but that should not have to be the best possible option to build a Bitcoin portfolio. With what OP mentioned, this means all his time and means of earning will likely depend on gambling or meme coin which both are of great risk and require quite a good management.

Not just will OP find it difficult to make it as he outline but severe repercussion will be faced, some like addiction and quick losses, since he remains desperate for a win, this will intrigue him into going in full to be able to make huge wins and only cost him to return back at zero.

The fact you are on your journey to gather 1 BTC and you start your day 1 with gambling is enough explanation that this will never be a positive result. You using your poker skills to get you started in this journey is the worst decision byfar I have ever seen. Sorry for being somewhat rude but this is more like a fun post then a serious journey. The chances of you making it to 1 BTC from playing poker or gambling is 0%, yes, you heard it right. Good Luck though!

Project to 1 BTC from gambling...? freerolls

I smell that this plan is a bit crazy “sorry to say so” because I know that some people plan to get more bitcoin not in gambling but in other ways and in general buy regularly.

Even if you have skills in poker games for many years, it doesn't matter if you can prove in the future, but I'm not sure you will be consistent.

When it reaches thousands of dollars what if you are addicted and the money has been earned so much that it is played and lost?
Gambling is like that... it will always be hot and want to play when there is a lot of money let alone get it for free.

That's a tough one since I see gambling as a way to lose money. But in your case, you're not even starting with any capital, and you're already making some earnings. So, basically, you’re starting from free rolls; when you win, you'll use those winnings to grow further and eventually invest in Bitcoin, whether gradually or in one go—that’s your call. I'm not really in the position to question you since only you know your gambling abilities.

Anyway, good luck! You might be the first person I know to build up enough from free rolls and reach 1 BTC for investing. Wishing you all the success!

On the first thought i guess OP just doing a casual gambling journey or making an investment journey like doing a DCA strategy every day but it seems upon checking on the other thread this guy is like a well skilled player so I guess with your journey its ideal to use a spreadsheet on the daily post of yours so not only to share with us but also for tracking at the same time if you will come to reach that milestone. It will take a lot of time if just a single source of income and having different pots of your investment is good to reach faster way that 1 BTC goal. Good luck to you!

This is a clear case of putting the pedal to the medal.
You started well and am sure your passion and knowledge so far in poker game will suffice, hopefully, you wont get discouraged when you encounter losses.

The journey to 1 BTC will require a lot of perseverance, consistency, patience and also emotional maturity to achieve, hence why this forum is a best place to belong to before daring such a venture, inorder that you have impactful responses from oldies in the times where you encounter resistance, because you will need some words of encouragement or advice from other peoples experience here.

We would also need some Proof of work, POW, as you make progress, perhaps you might be unknowingly inspiring some of us here to take similar bold steps and be successful in the end, in any other ventures including cryptocurrency related.

That's going to be a tough journey for you if you'll source out your dream 1 BTC through gambling(poker) and memecoin investing. Actually, both of them are an actual gamble. Yes, memecoin investing is a gamble if you've got this goal. I'm not yet sure how this is going to be but if you're very courageous and uplifted with this plan of yours, go ahead and see the results after a month or two and see if you still have that enthusiastic spirit to go on and achieve this 1 btc. So, with that I'd say good luck to this plan of yours and keep us updated on how it'll go but I won't expect that there will be some good runs for the very first days.

I would not be so pessimistic. Calling things an unrealistic dream, you forget about the meaning of the word "dream" itself. I love the expression that sounds: be afraid of your wishes; they tend to come true. 
OP did not write any promises about the timing anywhere. But his one wish and his path to this dream, as well as a report on one topic, will be good entertainment for the viewers. There are no promises, disputes, or any other obligations. Therefore, OP, my thoughts are with you, and I wish you great luck and the fulfillment of your dream. Do not listen to bores who will dissuade you, because there is nothing more exciting than a goal that we happily achieve.

Trying to get to 1 bitcoin by starting with poker freerolls is like starting by picking pennies off the ground.

No one says the obvious? It's clear that buying would be the quickest way, but the OP has no money, and in the end the easiest way for him on the forum is to join signature campaigns and save whatever he gets paid. It could still take him years, but it's a start and he's sure to earn more than with freerrolls.

Since your journey consists of gambling your way to 1 bitcoin, this topic seems more appropriate for the gambling board. Apart from that, I'm sorry to break it to you, but there's no way you'll ever acquire 1 bitcoin through gambling; that's approximately $70,000; have you considered how much money that is? You're way more likely to end up going into debt than actually earning any money. Currently, the best way to accumulate is by buying, and depending on your income, it will take quite a few years. I've personally accepted the fact that I'm unlikely to ever acquire a single coin, and I'm totally fine with that.

I really don't know what could go wrong with your plan - playing poker and investing in meme coins in order to one day have 1 BTC

Maybe you forgot one thing, and that is that now you need $65k+ for 1 BTC, in a few months you will need 10% or maybe 20% more considering that the price is rising. However, if you are very lucky in poker and manage to choose a meme coin that will explode overnight (and you manage to sell it), maybe one day you will be able to achieve your goal

I don't want to shatter your dreams, but it's not the best path to owning 1 BTC or any other respectable amount.

If you have a job, why not take a percentage of your salary and buy bitcoin with it? You can spend some more time building trust and expertise with your Bitcointalk account and perhaps join a BTC signature campaign. Alternatively, do some freelance work and gigs that pay in bitcoin.

Gambling sometimes leads to profit if you know when to stop, but as you have demonstrated, it can go south quickly. I see no logic in buying shitcoins and speculating that their value will explode. It's another type of gambling. Why not invest the money directly into bitcoin, without trying to find the next-best banana boy?    

You should have stopped after winning the freeroll.

If this is what you consider starting from zero then your journey is long and unrealistic, what you are into is much like gambling even though the money is free however you tend to loose all your earning. I will suggest you learn from the forum, do DCA and be realistic with your dream. Bitcoins worth investing with your hard earn money. No one will give you an award of starting from zero with unrealistic dream.

To be sincere with you, there is no hope that you will make money from where you hope to catch out to purchase bitcoins, what happen before that made you loose $10 will definitely happen again. You did not tell us if what you got paid with is withdrawable or is just a demo account you are running.

Day one:
It was a day which began with hope as I managed to get 3rd place (out of 3000+) in a freeroll and got paid 843 INR ($10).

But soon things turned southward and I lost back-to-back on cash tables (bad beats). So all my winnings are gone and I have to start again. Lots of freerolls on Saturday (couple of big ones).
I have updated the main post. Wish me luck for today.

Hi, I have decided to make one bitcoin from zero and share my journey (hopefully daily) here in this wonderful forum. I will be needing expert guidance, motivation, and encouragement for sure from the wise and experienced members.
To be honest, I am not literally starting from zero as I will have a place to work with a good internet connection and a device to access it, and of course my knowledge and experience. Given all that, what I meant by zero is that I will not deposit anything anywhere initially from my own pocket.
I do not have any timeframe in mind right now as I don't want to be rushed. This will be a learning-centric exercise aimed at improving skills and temperament, and I really want to enjoy the process.

My Plan: as of now!
Since I cannot deposit from my own pocket, I need some money to get started. And that is where my skills in poker will definitely come in handy. I consider myself a winning poker player (not making a lot but a consistent winner over many years) so I will be playing poker freerolls in order to get to the first couple of hundred dollars. If you also want to participate in some selected high-value freerolls, check my thread.
After that, I am thinking of investing in meme coins; at least this is my current plan. I will be grateful for any suggestions. If I manage to get to $1k, then many things (poker + trading + investing etc.) will go simultaneously. I am well aware that initially poker will be the main breadwinner and will surely take most of my energy, but it is what can give me a quick head start and a little support at later stages (I am not a high-stakes player, that's why I cannot do it by poker alone as it will take me much longer).
Anyway, enough talking. Let's start!
I will update as it progresses.