This is what you need to avoid in gambling, dont be use big win as motivation to start gambling. Start when you are ready to gamble only. Indeed huge wins are attractive and may make most people want to get the same but we should be realistic.
Regarding the withdrawal fees of bitcoin, it is only 5000 satoshi which is the lowest fee in the industry IMO. How much you want as the bitcoin withdrawal fee if 5000 satoshi is needed to be lowered?
Big win in gambling, big profits in investments will make people mad, that in turn leads them to wrong decisions and losses later. Hence, it is so important to set own rules when we play games, do investments or whatever in financial markets. Setting minimum and maximum amount of money for each bets or investment is one of good preventive protection for loss reduction, especially in gambling.Regarding the withdrawal fees of bitcoin, it is only 5000 satoshi which is the lowest fee in the industry IMO. How much you want as the bitcoin withdrawal fee if 5000 satoshi is needed to be lowered?
You do have a point there. Basically this is what drives greed pretty much one way or another.
Lets say you start gambling and win $5 and tell all your friends that you won $5 gambling, most will shrug it off and not care. However lets say you start gambling and win $100,000 and tell your friends. Most of them will get jealous and will start gambling because they think "I am much smarter than him, I can make $100,000 also" and they will end up most likely going broke.
This is no different than that "Keeping up with the Jonses" situation, if your neighbour buys an old 20 year old Toyota Corolla, you most likely won't care. However if he pulls up in a new Ferrari then you will start to get jealous and want to a Ferrari of your own.
Greed and Jealousy are very powerful emotions.
.) but in reality this is just 6 bitcoins and considering how big stake and primedice is just a 6 bitcoin bet is nothing major for them, I remember seeing people betting 20+ bitcoins over and over again repeatedly multiple times in the past, you may think the price was lower back than but they existed during even the 20k price point times as well.
