What currencies do you gamble or invest with? - page 3.

guoyu78

hero member

Activity: 1190

Merit: 541

Quote from: voztata on February 09, 2019, 10:48:25 AM

After deciding to gamble, we should not bother about profit or losses. If you get profits then it is just a bonus for gamble more tomorrow. If no profits, then you need to assume that you had paid some fees for your entertainments. That's all. No need to calculate anything in gambling as it is a place to spend Wink

.

People when enter a casino their only aim is to make money, they consider gambling an easy way of making money, therefore they always do the calculation for their profit or lost. I think that only those people who come to casino to play gambling only for fun and enjoyment, they do not ever care about their profit or lost.

Quote from: crwth on February 07, 2019, 09:23:24 AM

I don't know if you're talking about computing for the percentage or not. But there is Gains & Losses calculator on the internet like this.

https://www.babypips.com/tools/gain-loss-percentage-calculator

Do we really need a script to calculate that how much we are spending for gambling ? I mean just subtraction will get us to know that we are in profits or now. But the problem for some gamblers would be, when they gamble with some altcoins and due to market fluctuations they will never realize the actual worth of their betting amount. I guess no gambling houses is notifying that in USD values as far as I have checked.

voztata

hero member

Activity: 998

Merit: 504

Quote from: Digitalbitcoin on February 07, 2019, 03:24:37 AM

To be honest, I have chosen only the fastest transacted cryptocurrencies. For this, I used Bitcoin at the initial stage but later on moved to another one just because of lack of speed.

But Now there are many options avail to make transactions blazing faster. Stellar or Ripple offers the fastest transactions, which gives more mobility speed, security, and transparency to users while using them as a currency.

Although a lot of casino now accept different crypto currencies for playing gambling, line bitcoin, ripple, etherium and some many other crypto currencies, but I personally like to play gambling using bitcoin and etherium. In fact I feel it more easy for me to use bitcoin or etherium for playing gambling.

Quote from: crwth on February 07, 2019, 09:23:24 AM

https://www.babypips.com/tools/gain-loss-percentage-calculator

It's not very helpful for Bitcoin because of the significant figures accepted by the calculator, but I think you could form an idea now about it.

Is it ? But I do see it is just a calculator for forex traders or for any trader to find out their daily profit or loss percentage.
After deciding to gamble, we should not bother about profit or losses. If you get profits then it is just a bonus for gamble more tomorrow. If no profits, then you need to assume that you had paid some fees for your entertainments. That's all. No need to calculate anything in gambling as it is a place to spend Wink

.

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

Quote from: boyptc on February 06, 2019, 03:04:44 AM

Quote from: crwth on February 06, 2019, 02:47:40 AM

Quote from: boyptc on February 06, 2019, 02:37:30 AM

Quote from: whirlcoin on February 02, 2019, 01:46:04 PM

I also used most of the time with Bitcoin to be the preferred currency for my gambling because the income came from Bitcoin is more higher than the other currency that I have been used that's why I use Bitcoin as the first preference for gambling

There's no basis that the income/winning you'll get through bitcoin is higher than other accepted altcoins.

Winning depends on the amount you had bet, be it bitcoin, ethereum, dogecoin or any other altcoins.

What about comparing different bets in percentages? For example, you bet, and X amount and you win Y amount. How much is Y to the X amount so you could compute for it in percentage? I think it's better to compare with that rather than the amount of bet. Not everyone can afford a high amount, or it is hard to see someone betting a large amount that he/she cannot provide. The percentage would be significant to check how much the possible income could be.

It's also a good way to compare your bets but I'm not very effective with this kind of comparison.

Someone who's betting with high amount that she/he cannot provide is prone to have tons of debts afterwards.

I don't know if you're talking about computing for the percentage or not. But there is Gains & Losses calculator on the internet like this.

https://www.babypips.com/tools/gain-loss-percentage-calculator

It's not very helpful for Bitcoin because of the significant figures accepted by the calculator, but I think you could form an idea now about it.

That's the problem also with some people, betting a high amount that they cannot afford. That's just irresponsible and probably being too confident about themselves.

Digitalbitcoin

hero member

Activity: 1568

Merit: 502

To be honest, I have chosen only the fastest transacted cryptocurrencies. For this, I used Bitcoin at the initial stage but later on moved to another one just because of lack of speed.

But Now there are many options avail to make transactions blazing faster. Stellar or Ripple offers the fastest transactions, which gives more mobility speed, security, and transparency to users while using them as a currency.

Gambling is one industry but there are many other industries which can also get impacted with such speedy digital transactions held with digital tokens electronically.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: crwth on February 06, 2019, 02:47:40 AM

Quote from: boyptc on February 06, 2019, 02:37:30 AM

Quote from: whirlcoin on February 02, 2019, 01:46:04 PM

I also used most of the time with Bitcoin to be the preferred currency for my gambling because the income came from Bitcoin is more higher than the other currency that I have been used that's why I use Bitcoin as the first preference for gambling

There's no basis that the income/winning you'll get through bitcoin is higher than other accepted altcoins.

Winning depends on the amount you had bet, be it bitcoin, ethereum, dogecoin or any other altcoins.

What about comparing different bets in percentages? For example, you bet, and X amount and you win Y amount. How much is Y to the X amount so you could compute for it in percentage? I think it's better to compare with that rather than the amount of bet. Not everyone can afford a high amount, or it is hard to see someone betting a large amount that he/she cannot provide. The percentage would be significant to check how much the possible income could be.

It's also a good way to compare your bets but I'm not very effective with this kind of comparison.

Someone who's betting with high amount that she/he cannot provide is prone to have tons of debts afterwards.

Lordofervi

jr. member

Activity: 279

Merit: 1

only one site that I love playing with cryptocurrency through the luckygames web,
many of the faucets collection im drop here out there
and game practice only targets chatting situations.
guided by other players as they say. "today a lot of red"
so I limit the number of bits to 150 laps.
but, by the next day maybe 550 rounds of bits
it may be ascending or descending according to the discretion.

between the padded target coin is like
Litecoin
Ethereum
Monero
Dash
Dogecoin
Clams
gulden
zencoin
which is my pleasure to determine the direction of profit

crwth

copper member

Activity: 2940

Merit: 1280

https://linktr.ee/crwthopia

Quote from: boyptc on February 06, 2019, 02:37:30 AM

Quote from: whirlcoin on February 02, 2019, 01:46:04 PM

I also used most of the time with Bitcoin to be the preferred currency for my gambling because the income came from Bitcoin is more higher than the other currency that I have been used that's why I use Bitcoin as the first preference for gambling

There's no basis that the income/winning you'll get through bitcoin is higher than other accepted altcoins.

Winning depends on the amount you had bet, be it bitcoin, ethereum, dogecoin or any other altcoins.

What about comparing different bets in percentages? For example, you bet, and X amount and you win Y amount. How much is Y to the X amount so you could compute for it in percentage? I think it's better to compare with that rather than the amount of bet. Not everyone can afford a high amount, or it is hard to see someone betting a large amount that he/she cannot provide. The percentage would be significant to check how much the possible income could be.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: whirlcoin on February 02, 2019, 01:46:04 PM

I also used most of the time with Bitcoin to be the preferred currency for my gambling because the income came from Bitcoin is more higher than the other currency that I have been used that's why I use Bitcoin as the first preference for gambling

There's no basis that the income/winning you'll get through bitcoin is higher than other accepted altcoins.

Winning depends on the amount you had bet, be it bitcoin, ethereum, dogecoin or any other altcoins.

shoreno

full member

Activity: 1750

Merit: 118

Quote from: whirlcoin on February 02, 2019, 01:46:04 PM

Quote from: goaldigger on February 01, 2019, 10:32:29 PM

I gamble with Bitcoin and Ethereum since I have plenty of those to gamble with. I usually use the coins i have plenty of so that whenever I lose, I still have more on me to invest or to hold. The opportunity never be removed while i enjoy playing any gambling game i want.

I also used most of the time with Bitcoin to be the preferred currency for my gambling because the income came from Bitcoin is more higher than the other currency that I have been used that's why I use Bitcoin as the first preference for gambling

Agreed . btc has a higher value compare to eth and other crypto so it means that you can also earn more if you will use btc as a medium to play gambling . but you should be aware that you can also loose bigger .

this is the reason why i never use my btc if ever i play rather i only use lower valued coins because i think that btc is more important and i can earn more income in a much safer way if i will only hold it .

whirlcoin

full member

Activity: 602

Merit: 111

Quote from: goaldigger on February 01, 2019, 10:32:29 PM

I gamble with Bitcoin and Ethereum since I have plenty of those to gamble with. I usually use the coins i have plenty of so that whenever I lose, I still have more on me to invest or to hold. The opportunity never be removed while i enjoy playing any gambling game i want.

I also used most of the time with Bitcoin to be the preferred currency for my gambling because the income came from Bitcoin is more higher than the other currency that I have been used that's why I use Bitcoin as the first preference for gambling

UmerIdrees

hero member

Activity: 2464

Merit: 877

Quote from: bitcoinisbest on February 01, 2019, 06:42:23 AM

Quote from: UserU on January 30, 2019, 06:23:06 AM

Quote from: shoreno on January 30, 2019, 04:03:53 AM

almost 1/4 of the crypto population were bounty and airdrop hunters . they also got alot of tokens like me and i think gambling industry can become more succesful if we have an oppurtunity to use our tokens to play .

They need liquidity; those XYZ ERC20 tokens wont help if the demands are low.

If you are using the coins which you know may not have the future then it is worth betting with such coins so that even if lost it will not effect you much rather than losing. Btc which will rise in future . So always ensure you gamble with worthless coin and not the best of the coins .

What if you won the gamble and this means that you have increased your worthless coins as you gambled with them. So there is no point in gambling left then. The aim of gambling is to increase our total worth of value of coins and it happens for those only who invest with bitcoins or other good coins.
You take risk and you get the reward, no risk means no Reward.

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: KingDome on February 02, 2019, 04:44:35 AM

In some period of times, i just use bitcoin and doge to bet because it was easier to put some strategies in there.

If your strategies are working and helping you to make money than it is fine else if you are losing than you are not only losing btc at this point but also the future growth potential which btc can go above 10k+ you lose that income as well.

hahay

legendary

Activity: 3486

Merit: 1055

Leading Crypto Sports Betting & Casino Platform

Quote from: Naida_BR on February 02, 2019, 04:20:22 AM

Quote from: michellee on January 31, 2019, 07:02:20 AM

Using bitcoin as the currency for gamble will be a good choice but this will only for people who own a large amount of bitcoin. But for me, rather than using bitcoin, I prefer to use dogecoin because, besides the cheap of the price, the transaction is fast and don't need to take a long time to receive. So far, I am very satisfied using dogecoin for the bet, and I don't want to use bitcoin because bitcoin is too worth for me for just the bet.

You have a point but don't forget that you get what you gamble. If you gamble with Bitcoins there are many chances of earning more Bitcoins thus being more profitable. I don't think that you have the same opportunities with dogecoin as I don't expect that the price of DOGE is going to increase the same as Bitcoin's will do in the future.

Not really, in my opinion any cryptocurrency you use will definitely produce more profits if you are able to win every bet you make, and vice versa. Each cryptocurrency has different fees in each transaction and currently it is not only bitcoin that can be used for betting. Besides, LTC is also very good in my opinion. But whatever cryptocurrency you use for betting depends on your individual tastes. Wink

Thanasis

hero member

Activity: 1820

Merit: 515

★777Coin.com★ Fun BTC Casino

Quote from: Bagaji on February 02, 2019, 05:14:37 AM

Quote from: boy130 on June 06, 2018, 10:49:26 AM

Surprising to see that I'm only person voting for Monero. Surely I'm not the only one who thinks Monero (and possibly Zcash) are ideally suited for gambling with?

You option is one among the best coin good for gambling because of it anonymity. Few years ago were i hold some Monero i did play with them too whenever i approach casino with it option but lost all of them in gambling on a sad note in 2018.

Moreno is good coin to gamble because it is completely anonymous but there are not too many gambling sites accepting those coins and even when people want to convert with fiat they need to go under exchanging process into some crypto exchange with dome fee as well so people may skip that coin while gambling.

Bagaji

sr. member

Activity: 1330

Merit: 291

Quote from: boy130 on June 06, 2018, 10:49:26 AM

Surprising to see that I'm only person voting for Monero. Surely I'm not the only one who thinks Monero (and possibly Zcash) are ideally suited for gambling with?

You option is one among the best coin good for gambling because of it anonymity. Few years ago were i hold some Monero i did play with them too whenever i approach casino with it option but lost all of them in gambling on a sad note in 2018.

KingDome

jr. member

Activity: 434

Merit: 1

In some period of times, i just use bitcoin and doge to bet because it was easier to put some strategies in there.

Naida_BR

member

Activity: 980

Merit: 62

Quote from: michellee on January 31, 2019, 07:02:20 AM

Using bitcoin as the currency for gamble will be a good choice but this will only for people who own a large amount of bitcoin. But for me, rather than using bitcoin, I prefer to use dogecoin because, besides the cheap of the price, the transaction is fast and don't need to take a long time to receive. So far, I am very satisfied using dogecoin for the bet, and I don't want to use bitcoin because bitcoin is too worth for me for just the bet.

You have a point but don't forget that you get what you gamble. If you gamble with Bitcoins there are many chances of earning more Bitcoins thus being more profitable. I don't think that you have the same opportunities with dogecoin as I don't expect that the price of DOGE is going to increase the same as Bitcoin's will do in the future.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: goaldigger on February 01, 2019, 10:32:29 PM

I gamble with Bitcoin and Ethereum since I have plenty of those to gamble with.

That's good, I think you do not have to gamble to win money but just to enjoy it since you have a lot of it.

Quote from: goaldigger on February 01, 2019, 10:32:29 PM

I usually use the coins i have plenty of so that whenever I lose, I still have more on me to invest or to hold. The opportunity never be removed while i enjoy playing any gambling game i want.

As long as you always play safe, you can protect your investment against a possible in gambling addiction, discipline will make you successful on both.

goaldigger

sr. member

Activity: 2422

Merit: 357

I gamble with Bitcoin and Ethereum since I have plenty of those to gamble with. I usually use the coins i have plenty of so that whenever I lose, I still have more on me to invest or to hold. The opportunity never be removed while i enjoy playing any gambling game i want.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: Thanasis on February 01, 2019, 02:17:23 PM

Quote from: JohnBitCo on February 01, 2019, 11:33:41 AM

Quote from: michellee on January 31, 2019, 07:02:20 AM

Using bitcoin as the currency for gamble will be a good choice but this will only for people who own a large amount of bitcoin. But for me, rather than using bitcoin, I prefer to use dogecoin because, besides the cheap of the price, the transaction is fast and don't need to take a long time to receive. So far, I am very satisfied using dogecoin for the bet, and I don't want to use bitcoin because bitcoin is too worth for me for just the bet.

I do not understand the reason for you to use dogecoin instead of bitcoin. If you say that bitcoin is more expensive than dogecoin then that is not a problem. You can invest any amount for example 100$ in bitcoins or dogecoin, the value of it in dollars is same. Also dogecoin is not available in all gambling sites as compare to bitcoin.

There are some experienced gamblers are also using Dogecoin for gambling just because of the faeter transaction so people can deposit and withdraw their money faster when compared to bitcoin but when we are going to convert it into fiat directly then bitcoin can be the better choice.

Some gambling sites doesn't really offer more available cryptocurrency to gamble and they stick to the most common and known cryptocurrency to use in gambling.
Yet their only problem is the transaction time when withdrawing too much because it is slowing and time consuming to wait.

Topic: What currencies do you gamble or invest with? - page 3. (Read 2041 times)