To Gamble or To Invest? - page 69. | Bitcointalksearch.org

GreenBits

legendary

Activity: 1148

Merit: 1048

Quote from: BossMacko on May 13, 2016, 07:35:09 AM

hi guys, i bought 1BTC today and i am wondering to gamble or to invest the 1btc?

if to gamble

best site to gamble with a really nice provably fair..

and if to invest.

best investment program wherein no scam.

thank you for your opinions guys

cheers

I will recommend you is to invest your money to trading not to gamble it because gambling is depends on your luck (but not all) than the investing its required your skill on your choosed investment method.

erwin45hacked

legendary

Activity: 1064

Merit: 1000

Quote from: stadus on January 16, 2017, 11:04:30 PM

Bugs or security problem is the main concern of the gambling sites owner, they are not here to scam us but to serve us. The amount they earn in a daily basis will accumulate to a bigger amount in the long run as they are profitable. Hence, there main concern is to maintain their site reputable so more people will play and enjoy.

There are alot of sites around here that has been here for years and not many of them actually only has a very small volume per week therefore they are not making much as well. People talk as if those site operators are rich from their business, in fact unless the site has a decent volume weekly then they are not making money at all

game-protect

hero member

Activity: 1344

Merit: 507

If you decide to gamble, you might want to take a look at the Game Protect selection. Wink

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Quote from: dhampir-D on January 16, 2017, 05:47:00 PM

Quote from: choppork on December 19, 2016, 08:54:37 AM

Quote from: Ziskinberg on December 19, 2016, 12:23:24 AM

Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.

That's only true if the gambling site doesn't have any bugs at all or the people hit the jackpot a couple of times. The house edge is nothing if people gets lucky. All those small earning from average people will all belong to the person/s that will hit the jackpot. Other than that, your gambling site should have enough players so you can cover all the advertising, staffing, and all other expenses. There are also gambling sites that goes bankrupt, you just don't notice it.

This is an interesting observation, because I recently saw reports of users complaining about glitches on gambling websites, and these were services that were known and trusted by most in the community. This is just one of the reasons why I think you have to be very careful when gambling online.

Bugs or security problem is the main concern of the gambling sites owner, they are not here to scam us but to serve us. The amount they earn in a daily basis will accumulate to a bigger amount in the long run as they are profitable. Hence, there main concern is to maintain their site reputable so more people will play and enjoy.

FlightyPouch

sr. member

Activity: 1638

Merit: 300

Quote from: Drnice on December 22, 2016, 06:42:03 AM

Gambling is a good idea only when it favours you, but at the other hand, when you loss its a huge pain because it cannot be gotten back.....But investing it will give you a room to get more on your investment.

But the problem is which site is best for investment Huh

Yeah, that is really true. But gambling really is a good one, we will not know if it is favoring us or the good luck is in us. We must be really careful on gambling and the urge of getting back what we have lost. On the other hand, investing is a good one to get back your investment, but the thing is you must know the things that you put your investment. Will it really take care of your investment? Will your investment really will have a profit? And are you patient enough to wait for that profit? because investing takes time.

dhampir-D

sr. member

Activity: 454

Merit: 250

Quote from: choppork on December 19, 2016, 08:54:37 AM

Quote from: Ziskinberg on December 19, 2016, 12:23:24 AM

Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.

That's only true if the gambling site doesn't have any bugs at all or the people hit the jackpot a couple of times. The house edge is nothing if people gets lucky. All those small earning from average people will all belong to the person/s that will hit the jackpot. Other than that, your gambling site should have enough players so you can cover all the advertising, staffing, and all other expenses. There are also gambling sites that goes bankrupt, you just don't notice it.

This is an interesting observation, because I recently saw reports of users complaining about glitches on gambling websites, and these were services that were known and trusted by most in the community. This is just one of the reasons why I think you have to be very careful when gambling online.

olubams

hero member

Activity: 798

Merit: 503

Quote from: Fredomago on December 22, 2016, 11:57:10 AM

Quote from: Drnice on December 22, 2016, 06:42:03 AM

Gambling is a good idea only when it favours you, but at the other hand, when you loss its a huge pain because it cannot be gotten back.....But investing it will give you a room to get more on your investment.

But the problem is which site is best for investment Huh

it depends if what kind of investment are you interested with? if we are talking about alt trading since we are inside crypto for sure polo and trex are those who can rely most but if you are talking about cloud investment that's really hard to work with, me i also not favor with gambling because it can ruin your money instantly unlike trading investment you will able to limit loses and possible to regain it back in due time,.

Thats the issue I have always have. Even though I am also going to put more premium on investments than gambling but the issue concerned is the right investments because all over the crypto-world with my little foray over here has always been HYIP nothing else. In the case of trading, that would have been a good way to go but only to someone conversant with it or else, it would have been worse than gambling itself...

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: Drnice on December 22, 2016, 06:42:03 AM

Gambling is a good idea only when it favours you, but at the other hand, when you loss its a huge pain because it cannot be gotten back.....But investing it will give you a room to get more on your investment.

But the problem is which site is best for investment Huh

it depends if what kind of investment are you interested with? if we are talking about alt trading since we are inside crypto for sure polo and trex are those who can rely most but if you are talking about cloud investment that's really hard to work with, me i also not favor with gambling because it can ruin your money instantly unlike trading investment you will able to limit loses and possible to regain it back in due time,.

mrbigmugs

sr. member

Activity: 247

Merit: 250

Quote from: traderethereum on December 21, 2016, 01:10:32 AM

Quote from: shulio on December 20, 2016, 03:57:42 AM

Quote from: passwordnow on December 20, 2016, 03:35:56 AM

Quote from: Labumi on December 19, 2016, 11:15:22 AM

Quote from: shulio on December 19, 2016, 12:57:05 AM

Quote from: Ziskinberg on December 19, 2016, 12:23:24 AM

Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.

It will however some people dont realize that it is for long term as well as that the casino have a steady amount that needs to be wagered on daily basis thats one condition that most people left out . If there are no one that gambles on the site then it is impossible for you to get profit.

Everything does have risk, but do you not think before doing something.?.? . as with any other investment ... before we decide on something then we will see what we can get and if it has things that are safe for us to do (investment). So if we make investments must have been clear that it gives an advantage to us.So the investment was better and we can get better profits than the others

There is no such investments that can give us advantage, it is just going to depend on you on how broad is the knowledge you have before entering that investment. And that's the way that you can have an advantage for that investment. And always remember that all investments are risky so if you don't want to take risk and you are just always looking for advantage then you don't have a chance to grow.

Learn to diversify, thats the key to a solid investment. No matter how good an investment is if you dont diversify then you are risking everything in just one thing. Atleast thats what people say, however sometimes going all in to 1 trusted investment could be a good thing as well well atleast it might work for me

diversify in investment is really work and can give us some profit but its depend on the recommended site that will give the good profit for investors. i think if we made investment in the casino can give us profit in long term as long as the site is not going to be bankrupt.

blind investment cannot give you any profit. you need to be more active, get knowledge about where you going to invest, skill and experience also important for investment, on other site gambling need a little knowledge as compare to investment.

Red-Apple

hero member

Activity: 1470

Merit: 655

Quote from: Drnice on December 22, 2016, 06:42:03 AM

Gambling is a good idea only when it favours you, but at the other hand, when you loss its a huge pain because it cannot be gotten back.....But investing it will give you a room to get more on your investment.

But the problem is which site is best for investment Huh

there is no legitimate place that you can give your bitcoin then sit back and relax to get a sure profit. if that is what you are looking for.

but if not there are gambling sites that are accepting bitcoin ivnestments and you can do it if you are ok with the risks this method of investment has.

and also there is always trading that you can do with your bitcoin. that would be the hard way of making profit but it is a lot better than anything else.

Botnake

hero member

Activity: 2856

Merit: 667

Quote from: Drnice on December 22, 2016, 06:42:03 AM

Gambling is a good idea only when it favours you, but at the other hand, when you loss its a huge pain because it cannot be gotten back.....But investing it will give you a room to get more on your investment.

But the problem is which site is best for investment Huh

Certainly at first it will hurt you, but accepting that it's normal in gambling you will move on easily and eventually enjoy gambling despite the outcome does not favor you. Defeat is the hardest part to accept in gambling, and when you are too attach, you will be more emotional, so what I can suggest is just to play it for fun.

Drnice

sr. member

Activity: 588

Merit: 251

Gambling is a good idea only when it favours you, but at the other hand, when you loss its a huge pain because it cannot be gotten back.....But investing it will give you a room to get more on your investment.

But the problem is which site is best for investment Huh

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Quote from: crwth on December 21, 2016, 01:34:29 PM

-snip-

Wait, remember that there is no safe way in gambling and as well as in investment. Everything that has the risk but just like ethereumhunter said, we can reduce the risk of losing in gambling and as well as in any type of investment. And I can say that by applying the knowledge that we have is going to be a good tool for it.

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

Quote from: ethereumhunter on December 21, 2016, 11:01:15 AM

Quote from: shulio on December 21, 2016, 10:29:43 AM

Quote from: klf on December 21, 2016, 02:06:53 AM

Quote from: shulio on December 21, 2016, 01:34:17 AM

Quote from: traderethereum on December 21, 2016, 01:10:32 AM

Quote from: shulio on December 20, 2016, 03:57:42 AM

Quote from: passwordnow on December 20, 2016, 03:35:56 AM

Quote from: Labumi on December 19, 2016, 11:15:22 AM

Quote from: shulio on December 19, 2016, 12:57:05 AM

Quote from: Ziskinberg on December 19, 2016, 12:23:24 AM

Actually, the act of investing in a gambling site/s will already ensure you profit since the reality is the house always wins as they have the advantage.

It will however some people dont realize that it is for long term as well as that the casino have a steady amount that needs to be wagered on daily basis thats one condition that most people left out . If there are no one that gambles on the site then it is impossible for you to get profit.

Everything does have risk, but do you not think before doing something.?.? . as with any other investment ... before we decide on something then we will see what we can get and if it has things that are safe for us to do (investment). So if we make investments must have been clear that it gives an advantage to us.So the investment was better and we can get better profits than the others

There is no such investments that can give us advantage, it is just going to depend on you on how broad is the knowledge you have before entering that investment. And that's the way that you can have an advantage for that investment. And always remember that all investments are risky so if you don't want to take risk and you are just always looking for advantage then you don't have a chance to grow.

Learn to diversify, thats the key to a solid investment. No matter how good an investment is if you dont diversify then you are risking everything in just one thing. Atleast thats what people say, however sometimes going all in to 1 trusted investment could be a good thing as well well atleast it might work for me

diversify in investment is really work and can give us some profit but its depend on the recommended site that will give the good profit for investors. i think if we made investment in the casino can give us profit in long term as long as the site is not going to be bankrupt.

Diversify dont really means that you will be getting profit however it actually reduces your risk. With your risk reduced you dont really have to worry that you will lose everything in just one thing if that investment doest go well however Im sometimes still the type to go all in to one thing, atleast for now

Reducing risks nothing but it will increase your profit making chances. If you invest in any one site and if any big whale wins then you may need to wait for very long time to recover back your investment but if you diversify your funds then other sites you may get profits to compansate your losses in one site and you no need to wait to so long to gain profits.

Not really, you are definitely wrong on this one. Diversifying is not about making profit, it only reduced your risk not to make any profit. You might get lucky after you diversify and put your money in some other places however it is definitely not a guarantee to it so it actually doesnt count in making profit

with reduced our risk, we can then be able to make a profit with the investment and i think to invest is the good choice for us to make money with the house because the house is always win in the end and we can get the profit too. as long as there are any chances for us to make investment with the house then we are fine.

I agree. If you narrow down where you can earn money/profit, you could easily get an enormous amount of BTC just by playing safe. If you gamble it all the way without a plan, might as well lose everything, unless you're YOLO.

ethereumhunter

hero member

Activity: 2912

Merit: 541