Post
Topic
Board Gambling
Re: MoneyPot.com :: The bitcoin gambling wallet
by
ranlo
on 11/10/2015, 02:08:14 UTC
Wow, taking big hits to my investment from some lucky high-roller. Let's hope his luck runs out before my bankroll does, haha.

Edit: God damn it, this always happens to me. I divest all when I see my investment plummeting and as soon as I divest, the investor profit goes almost all the way back to where it was. Lost 10 days worth of investment in 10 minutes.

You're doing it wrong. Why would you divest right after taking a loss? The guy you lost to is likely to keep playing, and likely to lose his winnings if he does.

As an investor you want high volume.

(Note: I also do it wrong, because I too get scared by big bets).

Yeah I realise that now but in the moment you're just thinking "oh shit, what if this guy just keeps winning?". Logic goes out the window when you're dealing with potentially large losses.

Welcome to bankroll investing. And yes, it's a risk either way. Always keep in mind the JD Nakowa situation, Smiley.