Which Crypto coin Do You Gamble with the Most? - page 3.

swogerino

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Quote from: dothebeats on July 10, 2023, 02:40:10 PM

Using bitcoin to gamble is not really a good thing. I personally convert my funds to XRP or any other coins with low transaction fees and fast confirm times, in anticipation of me winning something and taking it out of the platform and transferring it to the exchange. I don't think of the value of bitcoin or any other crypto going up when I gamble, because I consider those funds as lost already the moment I deposited it in the exchange.

I agree with you,there is no real point in gambling with Bitcoin because Bitcoin can become a valuable asset in not a so distant future,so it is better to have other coins to play or at least to convert very little part of Bitcoin and play with that money.The cheapest and fastest for me is Litecoin as just some hours ago I deposited about 15 dollars in Litecoin and the fee was 0.01 dollar and confirmation in the next block so it means it is one of the cheapest and best coin to play.

I go even further and use casinos where I can use different FIAT types and I love to play very cheaply that is why I go and choose IDR-Indonesian Rupiah to play even with 0.01 usd to 0.02 usd as a minimum bet by extending my sessions a lot of time thanks to this currency.

molsewid

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Quote from: dothebeats on July 10, 2023, 02:40:10 PM

Using bitcoin to gamble is not really a good thing. I personally convert my funds to XRP or any other coins with low transaction fees and fast confirm times, in anticipation of me winning something and taking it out of the platform and transferring it to the exchange. I don't think of the value of bitcoin or any other crypto going up when I gamble, because I consider those funds as lost already the moment I deposited it in the exchange.

I don't use bitcoin as well because I have this kind of feeling of regret that the amount I used to bet will be change once it pumps so when I lose, I lose more even than before, so I am using stable coins such as usdt and usdc if only available in the online gambling site that I am playing with. Most of the time I used usdt, so I can send it directly to binance and sell it on p2p.

dothebeats

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Using bitcoin to gamble is not really a good thing. I personally convert my funds to XRP or any other coins with low transaction fees and fast confirm times, in anticipation of me winning something and taking it out of the platform and transferring it to the exchange. I don't think of the value of bitcoin or any other crypto going up when I gamble, because I consider those funds as lost already the moment I deposited it in the exchange.

LUCKMCFLY

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Quote from: darewaller on June 22, 2023, 11:22:51 AM

Quote from: bettercrypto on June 19, 2023, 05:19:50 AM

Among the gamblings that I have played here in the cryptocurrency field, it is often usdt, Bitcoin and sometimes Trx, but the most often is usdt. Then I often win usdt here too.

I have never experienced that I have won gambling using other cryptocurrency when it comes to a large amount of winnings here in this gambling industry. Especially now that I rarely play in these situations because I don't have time for now.

You never won in other crypto, that is because you don't use them or you only rarely use them. For me I can win most of the time using the XRP coin, obviously because this was my favorite crypto for gambling purposes only.

I already tried winning in the form of USDT once when I try a new casino using their sign up bonus and I withdraw the USDT via the TRX network because it has a smaller fee and faster transacting time. Don't worry if you rarely play nowadays. Outside obligations are more important than gambling. It can be that we are busy with our job, looking for our kids, and doing house chores. Gambling can only wait once we find a free time. Playing less also helps to prevent being addicted to it.

I think Something ,when we play taking into account the fiat value , that Will Stop us a bit, Because we will be saying to each other, wow we are losing X Amount, or if I continue I am going to lose X more than before , I cannot afford this, to Sometimes When we play with Bitocin the same thing can happen, with other Cryptocurrencies it can happen but it will be different, we will not have the mental calculator so fast But we will begin to see this in the Form of crypto and if so the value of the fiat Will drop or we will not have very Into consideration and that frees my mind to play more freely , for Me it's much better that Way.

rendravolt

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Even though bitcoin is the most popular cryptocurrency for betting on gambling sites, I don't use it as the main choice because the reason is that the cost is quite expensive, especially when withdrawing gambling profits and also sometimes the block confirmation process is quite long. On the other hand, Ethereum is the same as bitcoin so I just have to go through the two cryptos to gamble. I mostly use Litecoin, Dogecoin or Tron because they have very low fees to almost free withdrawals. Apart from that, I also often use stable coins like USDT, USDC or BUSD which are also the most popular cryptos that are often used by other gamblers when placing bets.

Mauser

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Quote from: Fivestar4everMVP on May 24, 2023, 09:25:04 AM

So for me, I've always preferred to do all my gambling in stable coins only for the reasons given above..
So what about you? Do you feel and do the same or do you have a different perspective to this altogether? Let's discuss.

I am the exact opposite to you, I never really use stable coins and rather spend Bitcoins and Fiat money for my gambling activities. The whole motivation for me behind it is to either take profits or add to my crypto holdings with gambling. So when the Bitcoin price is high like right now it's a good opportunity to use gambling as a way to try and get some return on my coins. As a Hodl investors my coins don't bring any income for a long time, so using them during times of high prices can lead to some additional profits. And last year was the opposite when the Bitcoin price was around the 16-20k USD levels I wouldn't touch any of my coins for gambling. I only deposited money with Fiat and used my gambling winnings to withdraw in bitcoin. Like that it's a good way for me to keep adding to my portfolio while the prices are quite cheap.

piebeyb

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Quote from: coolcoinz on June 30, 2023, 10:55:27 AM

I use only bitcoin at this point and I don't touch any other. I might have some ETH and ADA left somewhere on these wallets, but that's dust compared to my BTC holdings.
At this point everything that I do revolves around bitcoin. I buy stuff with bitcoin, earn bitcoin, save up in bitcoin and gamble using bitcoin Cool

I don't care about fees, wouldn't compromise myself on some exchange trying to buy an altcoin and being forced to do KYC just to save on fees. Not worth it.

Bitcoin may not look very bullish at the moment as a whole there is still a year or two to make bitcoin valuable and I'm sure it will be expensive, but would you still use bitcoin to gamble if it was expensive later, if I were you maybe i would only use stable currency to gamble like USDT which allows stable value.

I used to be like you spending some bitcoins for any online transaction including gambling in 2014 and after looking at the wallet how many bitcoins I had used up there then I counted them this year, that's quite a high value, lol that's why I never use bitcoin to shop let alone gamble on the internet until it really hits the price of $ 100k so it doesn't hurt too much to see the money that has been lost before Grin

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Quote from: pawanjain on June 30, 2023, 11:09:47 AM

I don't really care much of what coin I gamble with. I use whatever I have in my gambling account to gamble and empty it all.
Most of the times it is BTC and the rest of the times it is USDT, TRX, ETH etc...
TRX is my favorite altcoin to gamble with because of it's low fees and low price.
It's fun to gamble in whole number rather than decimal.

We use coins and odds at our disposal, that's one of the attributes I've encounter in gambler, and I must say, it's beneficial. Bitcoin, USDT, TRX, and Ethereum are the most popular coins traded by gamblers, and they have positive as well as negative impacts on the financial system as a whole. When gambling with bitcoin, gamblers tend to make rash decisions since even when they are profitable, things might get dicey due to volatility. Not everyone has the knowledge to become acquainted with crypto gambling; some have no idea what it is all about, not to mention employ it to place bets.

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pawanjain

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I don't really care much of what coin I gamble with. I use whatever I have in my gambling account to gamble and empty it all.
Most of the times it is BTC and the rest of the times it is USDT, TRX, ETH etc...
TRX is my favorite altcoin to gamble with because of it's low fees and low price.
It's fun to gamble in whole number rather than decimal.

coolcoinz

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I use only bitcoin at this point and I don't touch any other. I might have some ETH and ADA left somewhere on these wallets, but that's dust compared to my BTC holdings.
At this point everything that I do revolves around bitcoin. I buy stuff with bitcoin, earn bitcoin, save up in bitcoin and gamble using bitcoin Cool

I don't care about fees, wouldn't compromise myself on some exchange trying to buy an altcoin and being forced to do KYC just to save on fees. Not worth it.

tusandii

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Quote from: GideonGono on June 21, 2023, 08:15:55 AM

Back when I was an active gambler I would choose the crypto with lowest fee that the site support or use.
I want to maximize the profit by paying with less fee when withdrawing or play more because of low fee transaction coins.

There are tons of coins with fairly low withdrawal fees but can you accept low transaction fees and a slightly longer process?
I myself prefer stable tokens such as USDT and the main BTC token for depositing and playing in the casino because when compared the fees are also not too high but have a very fast withdrawal process.
Moreover, if you use BTC and when it experiences a price increase, the nominal amount stored in the casino bankroll will also increase in value, you can automatically benefit from this increase.

piebeyb

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Quote from: iv4n on June 30, 2023, 08:35:24 AM

Quote from: GideonGono on June 21, 2023, 08:15:55 AM

Back when I was an active gambler I would choose the crypto with lowest fee that the site support or use.
I want to maximize the profit by paying with less fee when withdrawing or play more because of low fee transaction coins.

I still like coins with the lowest fees... Tron, Litecoin, BNB, and f I don't play with BTC then it's one of those 3. Some casinos have the swap option, which is pretty interesting for me, and I use it when I wish to move some money from one casino to another.

Now it's pretty easy to choose any coin for gambling, most casinos have options for different chains, so moving funds from one place to another is cheap and fast. The situation in the past years is much better compared with +5-6 years ago.

Yes there are some casinos that add other blockchains and some don't, but I prefer to play in big casinos with lots of chain support as well as other altcoins that are supported so that it can be an option for gamblers to play, I personally only use USDT with matic or bnb networks because cheaper for transaction fees and never use other crypto for fear that the price of the crypto used can be expensive, of course it hurts more to look at, for example BTC.

So it's safer to use a stable currency on the chain with much cheaper transaction fees than the ethereum chain, because ETH definitely has more expensive transaction fees, prefer USDT on the BNB network or Matic let alone arbitrum. it's true that now everything looks much better than in previous years.

Apocollapse

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I gamble mostly with USDT using other chain, the reason is USDT price is stable and using other chain will make the transfer fee is cheap. If I use USDT that run in ETH network, the fee is really high and not worth for small gambler.

Sometime I gamble using Bitcoin too since it's easy to exchange and it can be traded via P2P.

I don't like to gamble using shitcoin where the volatility is very high, it's not worth when you win, but the price is decreasing.

iv4n

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Quote from: GideonGono on June 21, 2023, 08:15:55 AM

Back when I was an active gambler I would choose the crypto with lowest fee that the site support or use.
I want to maximize the profit by paying with less fee when withdrawing or play more because of low fee transaction coins.

I still like coins with the lowest fees... Tron, Litecoin, BNB, and f I don't play with BTC then it's one of those 3. Some casinos have the swap option, which is pretty interesting for me, and I use it when I wish to move some money from one casino to another.

Now it's pretty easy to choose any coin for gambling, most casinos have options for different chains, so moving funds from one place to another is cheap and fast. The situation in the past years is much better compared with +5-6 years ago.

Josefjix

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Quote from: bettercrypto on June 19, 2023, 05:19:50 AM

Among the gamblings that I have played here in the cryptocurrency field, it is often usdt, Bitcoin and sometimes Trx, but the most often is usdt. Then I often win usdt here too.

I have never experienced that I have won gambling using other cryptocurrency when it comes to a large amount of winnings here in this gambling industry. Especially now that I rarely play in these situations because I don't have time for now.

Bitcoin and Trons are completely out of the picture, bitcoin fluctuate more than any other project in the market because of the high volatility it has. While trons which seems like an abandoned projects, it barely makes any bull moves. I don't sign up for projects that would cost me loses and make me compromise my strategies, no way but to scout for more stable and prominent coin like usdt. Gambling with the popular coins in the market, usdt is quite stable and doesn't fluctuate as others, it's considerable to gamble with, infact that's my favorite coin, no day passes without me gambling with it.

darewaller

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Quote from: bettercrypto on June 19, 2023, 05:19:50 AM

Among the gamblings that I have played here in the cryptocurrency field, it is often usdt, Bitcoin and sometimes Trx, but the most often is usdt. Then I often win usdt here too.

I have never experienced that I have won gambling using other cryptocurrency when it comes to a large amount of winnings here in this gambling industry. Especially now that I rarely play in these situations because I don't have time for now.

You never won in other crypto, that is because you don't use them or you only rarely use them. For me I can win most of the time using the XRP coin, obviously because this was my favorite crypto for gambling purposes only.

I already tried winning in the form of USDT once when I try a new casino using their sign up bonus and I withdraw the USDT via the TRX network because it has a smaller fee and faster transacting time. Don't worry if you rarely play nowadays. Outside obligations are more important than gambling. It can be that we are busy with our job, looking for our kids, and doing house chores. Gambling can only wait once we find a free time. Playing less also helps to prevent being addicted to it.

GideonGono

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Back when I was an active gambler I would choose the crypto with lowest fee that the site support or use.
I want to maximize the profit by paying with less fee when withdrawing or play more because of low fee transaction coins.

slapper

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Quote from: LUCKMCFLY on June 18, 2023, 11:12:33 PM

Quote from: kamvreto on May 31, 2023, 12:44:42 PM

~snip~

I think that many opt for the Tron network for everything, even when it is USDT it is the best, of course this is known because when we are in a casino that can give us that option we take it without a doubt, but I think that the solution to all this In casinos it is that they can make an internal exchange, for now there is not that much of a problem, but when bitcoins are rising in price, and we are in a casino and we want to withdraw our money, we don't want to because the bitcoin fee rates are very high, there will be the good thing, that the internal exchange will allow us to do it without problem.

Truly, the use of digital currencies like TRX in gambling transactions signals a new age in the betting world. TRX solves many of the traditional finance system's hassles, delivering fast transactions with tiny costs. Moreover, in-house exchanges in online casinos are a game-changer. With the soaring prices of cryptos like Bitcoin, transaction fees can hurt. An internal exchange system can help dodge this bullet, letting users easily switch between cryptos and avoid big charges.

This forward-thinking move could make user experience better and help crypto to gain a stronger foothold in gambling. Let's welcome these shifts and push for more crypto-friendly leaps in the sector.

bettercrypto

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Among the gamblings that I have played here in the cryptocurrency field, it is often usdt, Bitcoin and sometimes Trx, but the most often is usdt. Then I often win usdt here too.

I have never experienced that I have won gambling using other cryptocurrency when it comes to a large amount of winnings here in this gambling industry. Especially now that I rarely play in these situations because I don't have time for now.

Topic: Which Crypto coin Do You Gamble with the Most? - page 3. (Read 805 times)