Pages:
Author

Topic: Which cryptocurrency do you use for gambling frequently? - page 3. (Read 634 times)

sr. member
Activity: 1470
Merit: 359
With the market declining, it is not wise to gamble with BTC. Especially the transaction fee in using major crypto such as ETH and BTC. That is why gambling platforms with several alternatives such as XRP, DOGE, TRX and other alts is a good attraction for convenience.
But the thing is,  gamblers are now used to gamble with btc and even the market is declining; they are still using it because it is where they are comfortable. I do gambling also and I also use BTC in gambling, the majority of the gamblers are using bitcoin for gambling. For me it is more convenient than to use any alts but the bad side is the fee that can considered as expensive.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
With the market declining, it is not wise to gamble with BTC. Especially the transaction fee in using major crypto such as ETH and BTC. That is why gambling platforms with several alternatives such as XRP, DOGE, TRX and other alts is a good attraction for convenience.
hero member
Activity: 2828
Merit: 518
DGbet.fun - Crypto Sportsbook
this is caused by a sharp market decline, so all coins are affected.
The gambling site I used to play closed all other deposit types of coins except BTC maybe because of this factor they lost because they held a few coins and sold them late when the market went down.this will also reduce the number of people who will deposit using crypto because the BTC fee is quite expensive for one transaction.
There is a decline in numbers who are in gambling because they also saving their money as the situation might be worrying.
Yeah, transaction fees could be somewhat given a reason not to use BTC but if you are really in gambling addiction, it doesn't matter at all.

More often, gamblers are using Bitcoin than of other altcoins or even ETH, most gambling sites never accept altcoins that give no option to take if you are using that particular site to play. And also, most of us holding Bitcoin that is why we are more entertain to use this as it serves to have its purpose.
hero member
Activity: 2786
Merit: 657
Want top-notch marketing for your project, Hire me
I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.
What casino you use for USDT deposits? a gambler will be caught responsible if he knows how to manage his finances and separates budget from gambling and other stuffs like investments and needs.

Conservative investing in btc should be the most priority of course and it is good that we have alternative cryptos' in the form of altcoins that many casinos are supporting it already.
You absolutely correct but the last time i check 5% of all gamblers can manage his finances very adequately because game buzz are usually hard to control and i think the best way to manage ones finances is by knowing the right to gamble and the time to call it quit. However, gambling with altcoin like doge is one of the basic tips.
The best way is when the gambler experiences the hardship and other downsides of losing. That will make him to manage his finances better and will only use a specific allocation for gambling.

He won't do the same mistake if that happens.
Apparently, thats not how things works mate because managing of finances is something difficult but every individual understand and maturity in taking the right measure when making decision determine for i have seen a gambler on this forum which was experiencing hardship and decided to gamble all his budget with the believe of making huge fund in return.
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
this is caused by a sharp market decline, so all coins are affected.
The gambling site I used to play closed all other deposit types of coins except BTC maybe because of this factor they lost because they held a few coins and sold them late when the market went down.this will also reduce the number of people who will deposit using crypto because the BTC fee is quite expensive for one transaction.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Of course the separation of funds is indeed very necessary to later make it easier for you to calculate all costs spent, but if it relates to the use of coins that are more stable or not because the situation is always changing, I personally will continue to use bitcoin, no matter the low price because I will not immediately cash in profits and at least will be used to gamble on other occasions until I will cash in when the price has increased.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Quite sometimes I used ETH but mostly I used Bitcoin since from the day I tried gambling. I often confident of using them both knowing that most gambling sites are only accepting Bitcoin and so we have no option but to use it instead. Even though Bitcoin's price is low but still, I'm using it no matter how it cost.
But because of the global market issue that we've been facing today, I have to limit my bet.

If the bitcoin price is rising more than $10,000, I think it is not good to gamble using bitcoin because when we play gambling, the chance to get lost will wide open. So imagine if you use 0.01 Qbtc for gamble and suddenly, you lose all of the bitcoin, that will make us lose in a large amount although for some people, losing 0.01 btc is okay. I prefer to use altcoin like ethereum, litecoin, dogecoin, or else to gamble because the value of the altcoin is not the same as bitcoin, so that will not makes me sad if I lose all of the amounts. But I always limit my bet as you because I don't want to see I've got lost in one day, and I still want to use that money for gambling in another day.
At the end of the day as long as you are gambling responsibly I do not see the issue with gambling with bitcoin, you may think you are protecting yourself by gambling with altcoins but the truth is that altcoins can give great profits as well so it could be argued you are missing even more money by gambling with good altcoins like ETH, with that in mind I do not really think it matters that much which cryptocurrency we use to gamble as now the majority casinos accept most of the popular coins in the market.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.
What casino you use for USDT deposits? a gambler will be caught responsible if he knows how to manage his finances and separates budget from gambling and other stuffs like investments and needs.

Conservative investing in btc should be the most priority of course and it is good that we have alternative cryptos' in the form of altcoins that many casinos are supporting it already.
You absolutely correct but the last time i check 5% of all gamblers can manage his finances very adequately because game buzz are usually hard to control and i think the best way to manage ones finances is by knowing the right to gamble and the time to call it quit. However, gambling with altcoin like doge is one of the basic tips.
The best way is when the gambler experiences the hardship and other downsides of losing. That will make him to manage his finances better and will only use a specific allocation for gambling.

He won't do the same mistake if that happens.
full member
Activity: 1890
Merit: 101
depending on the gambling site, I don't fully use Bitcoin, if there are other coin options then I will use it because the Bitcoin transaction fee is higher than the others.

I use and I will continue to use bitcoin to bet, for large bets, I also use doge coin because its transactions are fast when I have to make a last minute bet / gambling, however, given the market trend, I think I will also add  ethereum to the list of coins that I use...
dogecoin is very good for the transaction while gambling, I also play on Bitvest and for transactions I prefer to use dogecoin rather than bitcoin.
hero member
Activity: 3066
Merit: 605
I use and I will continue to use bitcoin to bet, for large bets, I also use doge coin because its transactions are fast when I have to make a last minute bet / gambling, however, given the market trend, I think I will also add  ethereum to the list of coins that I use...
hero member
Activity: 2786
Merit: 657
Want top-notch marketing for your project, Hire me
I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.
What casino you use for USDT deposits? a gambler will be caught responsible if he knows how to manage his finances and separates budget from gambling and other stuffs like investments and needs.

Conservative investing in btc should be the most priority of course and it is good that we have alternative cryptos' in the form of altcoins that many casinos are supporting it already.
You absolutely correct but the last time i check 5% of all gamblers can manage his finances very adequately because game buzz are usually hard to control and i think the best way to manage ones finances is by knowing the right to gamble and the time to call it quit. However, gambling with altcoin like doge is one of the basic tips.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.
What casino you use for USDT deposits? a gambler will be caught responsible if he knows how to manage his finances and separates budget from gambling and other stuffs like investments and needs.

Conservative investing in btc should be the most priority of course and it is good that we have alternative cryptos' in the form of altcoins that many casinos are supporting it already.
legendary
Activity: 3122
Merit: 1140
Ive been using several coins like DOGE on most platforms specially when dicing but for other platforms i do make use of EOS. Ive been accumulating Bitcoin and im not tending to use it on gambling purposes or wasting it up since we know its potential value in future years and when lucky i do convert those alts into bitcoin and repeat the whole process as long i do able to save up btc on stash.
sr. member
Activity: 1484
Merit: 277
I have seen users who use USDTs in times like this that volatility is very frequent so that they can invest with a stable currency.
The reason to set aside money for gambling is a good method.
I also think about how the Casinos are closed, gambling online will be a good option. However, we must play with caution due to the instability of the crypto price.
The reasons are varied for not using the volatile altcoins for gambling but stable coin idea is going to save the person from the price fluctuation. The unstable prices have a high level price fluctuation in USD but this volatility can increase the fiat equivalent at the end or vice versa. I can't see any difference using the stable crypto assets in crypto casino websites or fiat in normal gambling platforms except anonymity.

That always depends on the preference of each user whose able to sustain on the long span of time while enjoying gambling. What I see here is that using bitcoin for the purpose of virtual gambling, is the most in demand in terms of cryptocurrency adoption. Other alternative coins was only the least priority for everybody, so it's very important to determine on which betting games you are picking up.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
I have seen users who use USDTs in times like this that volatility is very frequent so that they can invest with a stable currency.
The reason to set aside money for gambling is a good method.
I also think about how the Casinos are closed, gambling online will be a good option. However, we must play with caution due to the instability of the crypto price.
The reasons are varied for not using the volatile altcoins for gambling but stable coin idea is going to save the person from the price fluctuation. The unstable prices have a high level price fluctuation in USD but this volatility can increase the fiat equivalent at the end or vice versa. I can't see any difference using the stable crypto assets in crypto casino websites or fiat in normal gambling platforms except anonymity.
legendary
Activity: 3094
Merit: 1127
   Doge is my favorite alt-coin for gambling. Low value, very low minimal bets, I don't risk much! For betting on sport usually I bet with
Bitcoin! I tried some other alt-coins for playing dices and other lucky games, but Doge is the best for me! I wanted to try gambling
with Tron, but minimal bets there are like 10 TRX, more or less, it's expensive for me and I can't gamble relaxed!

Which platform are u using for gambling with Doge? There is not much choices gambling with Dogecoin.
Usually you can BTC and ETH in gambling platforms.

   Fortune Jack and Stake.com, both are good. With a search in the google you will find many casinos that accept Doge.
I know that with Bitcoin and Ethereum you have more choices, more casinos and more games to play, but I don't like to
spend BTC and ETH on gambling, with Doge I just have fun and I enjoy playing dices occasionally!
You can also able to play using DOGE on bitdice.me  Wink

Its just a matter of preference on what a gambler gonna use.Some may like to use btc directly since we know its value and some would prefer
on using ex. doge to prolong their time on doing gambling.It does really depend on interest or preference.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
   Doge is my favorite alt-coin for gambling. Low value, very low minimal bets, I don't risk much! For betting on sport usually I bet with
Bitcoin! I tried some other alt-coins for playing dices and other lucky games, but Doge is the best for me! I wanted to try gambling
with Tron, but minimal bets there are like 10 TRX, more or less, it's expensive for me and I can't gamble relaxed!

Which platform are u using for gambling with Doge? There is not much choices gambling with Dogecoin.
Usually you can BTC and ETH in gambling platforms.

   Fortune Jack and Stake.com, both are good. With a search in the google you will find many casinos that accept Doge.
I know that with Bitcoin and Ethereum you have more choices, more casinos and more games to play, but I don't like to
spend BTC and ETH on gambling, with Doge I just have fun and I enjoy playing dices occasionally!
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
Tron also one of the best altcoin to handle the gambling sites, But Bitcoin is more convenient for long term investment in gambling so we can concentrate Bitcoin and tron it will be match for all the time. Nowadays Ethereum is more familiar in all the gamblers so I am concentrate ETH and BTC for all time gambling. I hope number of altcoins are easy to handle in gambling sites at same time BTC was stay in all the pocket.
I do see very few gambling houses are accepting tron. Not sure my favorite houses are accepting tron for gambling. So far I too gambled only with bitcoins and if I get any free coins then I do gamble with them (primedice more often mail me free coins). I prefer gambling in BTC so that may hit my luck with big levels. I think there will be no matter of price of BTC to risk it in gambling as once decided to risk in gambling then it should be in BTC and no changes along with BTC's fluctuations.
Obviously, Bitcoin is the perfect matches for most of the gamblers and I am also concentrate in most of the houses. But few sites are accepting the some top altcoins so Tron is good to invest for some gamblers. Nowadays market fluctuations was totally upset the gamblers so we never judge the frequent house and frequent coins in crypto platform.
hero member
Activity: 2170
Merit: 575

 I straight up use bitcoin, I used to dabble with others as well but right now bitcoin is getting less and less transaction costs and depositing 10 bucks is easier than ever and honestly if you are going to play with anything higher than you don't care about transaction or withdrawal costs and if you are playing for anything under you can get it from the free rolls or promotions and what not so you can play for free honestly.

 I am not saying do not deposit, do so if you can but if you can't than there are other methods, many places still offer faucet for example, you can go to freebitcoin and still get free money ten times a day (24 normally but wanted to make it realistic) and in couple days you actually have a decent number to wager as well.
legendary
Activity: 2100
Merit: 1058
I went back and forth a lot on this and I am not sure which one I really prefer. When I was starting I started with bitcoin because back when I started there was maybe 3-4 coins, I remember bitcoin, namecoin, litecoin and that is about it during those days. However later on, I started to gamble with clam because just-dice required that but I felt like it wasn't really for me and I stopped doing it.

After all of that I went back to bitcoin, then I moved to dogecoin because that looked like a lot while gambling and was really fun, but it became really worthless and I didn't want to lose while not gambling as well. Moved back to bitcoin and moved to ethereum because that looked like it had dapps that were fun to use as well. Now I am at bitcoin again, don't know what the next one will be.
Pages:
Jump to: