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Topic: Snipie's gambling investment test - page 17. (Read 6453 times)

legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
July 09, 2020, 04:38:04 AM
Table updated. We are still facing a dip and I don't see signs of a short term growth. I think it will require a month to recover our losses or a whale losing a couple of BTC while betting  Undecided
Even in the bonuses game I was n1 in the first days then 38 now. No luck  Sad

That depends on the luck of the whales, if their turn to lose, you might recover your investment even before one month.
You are negative - 2.1539 % based on your report, it does not hurt you a lot, small lose will not recover big time to recover, you'll be in green light soon.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
July 08, 2020, 08:50:39 AM
Table updated. We are still facing a dip and I don't see signs of a short term growth. I think it will require a month to recover our losses or a whale losing a couple of BTC while betting  Undecided
Even in the bonuses game I was n1 in the first days then 38 now. No luck  Sad
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
July 07, 2020, 06:48:40 AM
[url]https://i.imgur.com/tyFwa9V.png[/urk]

For those people who are investing in LTC. Look at at your investments, someone won an approximate 100 LTC causing your investments to drop.
I saw a guy later betting with a considerable amount of LTC and now I was watching him in real time, once he was losing I pulled out my LTC investment with a tiny profit since It wasn't my point to hold it for a long term. Of course my BTC investment will remains for a long time and normally I will update the table tomorrow.
sr. member
Activity: 574
Merit: 272
Buy Bitcoin!
July 07, 2020, 06:15:01 AM
Ufff, some hard hits have been coming in...
LTC, BTC and Doge have been gotten hit hard with some huge wins.
legendary
Activity: 1904
Merit: 1563
July 07, 2020, 06:11:00 AM


For those people who are investing in LTC. Look at at your investments, someone won an approximate 100 LTC causing your investments to drop.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
July 07, 2020, 05:00:54 AM
The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales Sad
I also saw my profits slowly withering away as days go by Cheesy.

Not affected on it TBH. Like I always said, I've seen crypto going up and down already so this is not new for me Cheesy. I knew it already that investing in a Gambling site takes time to have some profits. Not all gamblers are losing their money anyway. There will be some who will come out lucky and will get our profits away Cheesy.

This is correct that not every day will be same and investing in gambling site just like others have the risk and one should be ready to bear those risk. Though it generally does not happen that easily but once a while a lucky whale wins big and thus results into losses for the investors who had invested such sites. Anyways in longer term this will yield you profits its only matter of time.


Try to see it through a bigger picture, if there are casinos out there that got bankrupt because whales hit big time, then it's right to believe that they are a threat, but there's none, because casinos have limits and they know what they are doing, they don't need to win all the time but they will certainly win most of the time.
hero member
Activity: 3052
Merit: 606
July 06, 2020, 06:57:10 PM
The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales Sad
I also saw my profits slowly withering away as days go by Cheesy.

Not affected on it TBH. Like I always said, I've seen crypto going up and down already so this is not new for me Cheesy. I knew it already that investing in a Gambling site takes time to have some profits. Not all gamblers are losing their money anyway. There will be some who will come out lucky and will get our profits away Cheesy.

Luck is not consistent but your house edge is consistent, so trust the system, eventually these whales will just have their losing days and everything will be back in green. That's the beauty of investing in a casino, you will feel the excitement as there are up and down results, but like I said, you have the house edge so you'll end up profitable.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
July 06, 2020, 06:51:40 PM
The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales Sad
I also saw my profits slowly withering away as days go by Cheesy.

Not affected on it TBH. Like I always said, I've seen crypto going up and down already so this is not new for me Cheesy. I knew it already that investing in a Gambling site takes time to have some profits. Not all gamblers are losing their money anyway. There will be some who will come out lucky and will get our profits away Cheesy.
hero member
Activity: 2730
Merit: 632
July 06, 2020, 06:03:40 PM
The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales Sad

patience.
we can't take conclusions about the crypto markets observing the short term trend
it's wise to be patient and use an strategy focused on medium/long term than being in a rush and losing money.

Its part of the risk imho where market conditions + big whale wins into this kind of investment and yes, patience is all you need since you do deal up with this kind of investment then
you should be aware of it.

OP, arent you considering on putting up some funds in Bustabit too ? so you can make out some comparison between the two.?
I made this topic to show people how investing looks like and not for profiting. I don't really care if I lose that money although it may make me a little bit sad for failing.
For the comparison you can check this topic https://bitcointalksearch.org/topic/gambling-site-investment-5239794
Yatsan already invested in Yolodice and bustadice months before me.
Personally I don't think I will open any new investment soon.



Yeah ive seen that one and we do appreciate on what you are trying to show here on where people can have at least some glimpse on how gambling site investment works.
even myself arent really that aware on how much you would earn or loss in a particular of time.This sums up that volatility is one of the problems if you do base up on
fiat value.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
July 06, 2020, 05:46:54 PM
The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales Sad

patience.
we can't take conclusions about the crypto markets observing the short term trend
it's wise to be patient and use an strategy focused on medium/long term than being in a rush and losing money.

Its part of the risk imho where market conditions + big whale wins into this kind of investment and yes, patience is all you need since you do deal up with this kind of investment then
you should be aware of it.

OP, arent you considering on putting up some funds in Bustabit too ? so you can make out some comparison between the two.?
I made this topic to show people how investing looks like and not for profiting. I don't really care if I lose that money although it may make me a little bit sad for failing.
For the comparison you can check this topic https://bitcointalksearch.org/topic/gambling-site-investment-5239794
Yatsan already invested in Yolodice and bustadice months before me.
Personally I don't think I will open any new investment soon.
hero member
Activity: 2730
Merit: 632
July 06, 2020, 05:28:59 PM
The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales Sad

patience.
we can't take conclusions about the crypto markets observing the short term trend
it's wise to be patient and use an strategy focused on medium/long term than being in a rush and losing money.

Its part of the risk imho where market conditions + big whale wins into this kind of investment and yes, patience is all you need since you do deal up with this kind of investment then
you should be aware of it.

OP, arent you considering on putting up some funds in Bustabit too ? so you can make out some comparison between the two.?
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
July 06, 2020, 04:25:07 PM
The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales Sad

patience.
we can't take conclusions about the crypto markets observing the short term trend
it's wise to be patient and use an strategy focused on medium/long term than being in a rush and losing money.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
July 06, 2020, 11:44:52 AM
The negative trends is continuing those days. LTC investment plunged again but also BTC investors continued to lose their funds. Hard days for us investors by lucky whales Sad
sr. member
Activity: 574
Merit: 272
Buy Bitcoin!
July 05, 2020, 01:03:02 PM
Exactly! A dillution fee is bad for the investor but all the people that have invested normally get a small piece of that pie. So when alot of new investors join the investment that sum can make an investment also turn a profit.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
July 05, 2020, 06:55:59 AM
Luckily there is no dilution fees in Yolodice or your loss will be lower.
It depends with the dilution fees. If your investment is old and many invested after you, you will likely get a part of that money that may equal to your loss or maybe more (depends on the share rate).
If you just invested and payed the dilution fee and you face that deep without having having enough investors coming in the short/medium then your losses will be higher and harder to recover quickly.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
July 05, 2020, 02:30:14 AM
Did you all felt it too or is it just me?



As I said before, I recently renewed my investment with more addition because I accidentally closed it.
Is this the product of starting over again or did it really just went down with all of us?
I've already said it and we all experienced it: https://bitcointalksearch.org/topic/m.54717737

Some lucky whales won a huge amount of money making our profits poof in an instant Cheesy. My profits for weeks have been gone in an instant. Its part of the game though and as of this moment, it is starting to increase again. Still I don't really affected by this huge down of my profits since I've seen things like this over and over and over again Cheesy. Just wait for your losses to be gone but it would take weeks I think. Luckily there is no dilution fees in Yolodice or your loss will be lower.
hero member
Activity: 3052
Merit: 651
July 04, 2020, 10:17:46 PM
The below is the reason why people who were positive till some time before suddenly went into negative or lost their profits because someone just got lucky in wining a huge bet and  won huge btc in the gambling. Thus, this has resulted for many investors into a bad day and suddenly their green amount has turned to red.


[urk]https://i.imgur.com/d9oUKtf.png[/url]
It is just 1 click to decide your money fate and that whale was lucky this time.

Although I decided to update the table weekly from this week but I made an exception since there was a huge change. Will keep you updated in the coming weeks  Wink
For the LTC investment it is doing better, still negative but there is like 40% progression.

After it jumped down its getting more difficult to equal the losses.
I don't mind the red mark.
Everyone should also see how much we are losing.
It just proves that not all investment are perfect. There will always be ups and downs.
Maybe this could also be a lesson to those who will try to invest in Yolodice.

My status: -1.5926% −0.00039815 BTC
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
July 03, 2020, 08:06:20 AM
The below is the reason why people who were positive till some time before suddenly went into negative or lost their profits because someone just got lucky in wining a huge bet and  won huge btc in the gambling. Thus, this has resulted for many investors into a bad day and suddenly their green amount has turned to red.


[urk]https://i.imgur.com/d9oUKtf.png[/url]
It is just 1 click to decide your money fate and that whale was lucky this time.

Although I decided to update the table weekly from this week but I made an exception since there was a huge change. Will keep you updated in the coming weeks  Wink
For the LTC investment it is doing better, still negative but there is like 40% progression.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
July 03, 2020, 04:51:09 AM
That's a lose but then it's still -1.5%, that's just too small compared to the total investment, just let it pass and relax.
As long as you trust the casino will win in the long run, you'll eventually be in the profitable side over time.

I'm sure casinos are aware that they would also lose some money, but they are confident that they can win as they trust the model of their business.
Loss is part of investment and it coule be far worse than it could be if not having much luck in the investments. There are always times for difficulties and times for higher profits or high returns.

As expected most of the investment had already taking plan one step ahead and that enable for any establisment to coup up with the losses.

However, there are kind of investment that will only bloom in a certain trend and it could goes around after lossing some new trends.  Therefore it will be a good practice that when one invest should understand and apply new trends as changes so that business will always resume as time passes by.


In this particular investment, we know what are the trends because before we come up with the decision to invest, we also experience to be a gambler and we know that the house always wins, and that's the reality since they have the house edge.

However, "always" does not mean a gambling site will profit everyday but they'll be profitable in the long run and that's a sure thing.
For OP, he just lose -1.5% from his total investment which is not alarming, eventually he will be profitable because that's the trend and nature of casino.
full member
Activity: 812
Merit: 142
July 03, 2020, 04:46:40 AM
The below is the reason why people who were positive till some time before suddenly went into negative or lost their profits because someone just got lucky in wining a huge bet and  won huge btc in the gambling. Thus, this has resulted for many investors into a bad day and suddenly their green amount has turned to red.




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