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cryptocurrency forum

I want to try gambling

Discussion in 'Beginner's Bootcamp' started by bitcoinmartianXXL, Oct 11, 2019.

  1. Eliza Abrams

    Eliza Abrams Expert

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    That's a much better idea than gambling, I agree.
     
  2. Ilkaymkay91

    Ilkaymkay91 Contributor

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  3. AFRICUNIA

    AFRICUNIA Scholar

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    If you are beginner and want to try gambling. In my opinion you should always start with small amount and stick to small amount for some time and you should also choose your gambling platform very carefully.
     
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  4. Ilkaymkay91

    Ilkaymkay91 Contributor

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    I second this, gamble but atleast have some form of risk management
     
  5. Eliza Abrams

    Eliza Abrams Expert

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    How does one do risk management when it comes to gambling?
     
  6. Ilkaymkay91

    Ilkaymkay91 Contributor

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    Well let's say you have a pot of 10K, and you wish to gamble 10K, then rather than putting all the 10K on one play there a number of ways to reduce risk, one for example is only put 1/100 in each play, each loss becomes less significant to your solvency, or make all the plays but again spread it out over time etc etc. Less upside? Yes, less risk? Definitely
     
  7. Eliza Abrams

    Eliza Abrams Expert

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    That is probably good advice. Some people are more entertained when the risk is higher, I've heard though.
     
  8. Ilkaymkay91

    Ilkaymkay91 Contributor

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    Of course. Adrenaline junkies xD
     
  9. FutureICO

    FutureICO Expert

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    When it comes to do gambling, it is absolutely no for me. It’s one of the worst thing to do. And not only it’s about one ending up with losses but also getting kind of problem in life that’s not good to have. So avoid if anyone is wanting to try it.
     
  10. Lander

    Lander Contributor

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    Gambling is not something worth striving for. It is better not to try, because the feeling that you need to recoup is growing, but your funds will flow away.
     
  11. WalletInvestor

    WalletInvestor Contributor

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    I wonder if OP has found a suitable solution.
    I see a lot of people argue about whether crypto should be viewed as gambling. I agree that crypto trading in and of itself is not gambling, but it is important to acknowledge that there are ways to use crypto that qualify as gambling. There are many online casinos that are based on cryptocurrencies, for example - I assume that this is what OP was trying to ask about.
     
  12. RonaldRamsey

    RonaldRamsey Contributor

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    Before start trading/gambling with cryptocurrency, carefully research the market, how it works, read more crypto related websites, and reviews.
     
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  13. Eliza Abrams

    Eliza Abrams Expert

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    I agree. Don't go into this without knowing what you are doing.
     
  14. GuardianofCrypto

    GuardianofCrypto Master of Trolls Staff Member Super Admin

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    Spend some time in a sandbox.
     
  15. MAGA

    MAGA Master of Crypto Staff Member Super Admin Premium Member

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    Gambling as in playing slots and casino games? Or just playing shitcoin roulette?
     

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