Quote from: MinerHQ on December 09, 2017, 12:31:24 AM

Quote from: Hell-raiser on December 07, 2017, 02:57:32 PM

Quote from: MinerHQ on December 05, 2017, 06:09:50 AM

Quote from: erik m. on December 05, 2017, 01:41:56 AM

Quote from: m0gliE on August 02, 2016, 05:30:35 PM

Hello!

I've got a few coins on the side and I'd like to make them work.
Which gambling site do you advise me to invest in the bankroll?

There was a time when investing in casino bankrolls was very profitable, but I'm not sure if now it is that good. Also, if you were holding your Bitcoin since last year, I'm quite sure the results would have been much better than those provided by bankroll investments.

Bankroll investment profits are not related to bitcoin price ups and downs. In bankroll investment, if casino makes a profit then your bitcoins will grow and if casino makes losses then you lose your bitcoins. But if bitcoin prices go up then your profits also will be higher because you get double profit (bitcoin profits + bitcoin price increase profit) similarly if you lose money in casino investments and bitcoin prices go down then you losses also will be double in fiat.

Yes, just holding bitcoins may not be an effective strategy but if we compare lazy trading to investing in casino bankrolls, trading may turn out more profitable at the end of the day. I don't mean very active trading, of course, like day trading or scalping, just something like buying at lows and selling at highs once or twice a month. Maybe that poster meant something to this tune actually.

Anyway, are casinos profitable these days? I haven't followed this investment option lately.

When you have a chance to diversify your fund then why do you want to stick only to one kind of investment?

Whether any coin price go up or low but gamblers always gamble so this business always busy get profit in the long run. Also, you no need to spend much time after you invest on these bankrolls and that's why I invest some amount on these casino bankrolls.

I got some profit from these investments.

Maybe you're right after all, and even more so if you know the casino business inside out.

Indeed, if you can easily tell good casinos from the bad ones, you can avoid a lot of headaches by not making stupid investment decisions. But if you know nothing, you have to rely on other people's opinions, but people can be wrong. Personally, I don't quite like the idea of what I would call "dumb investing". For example, I don't think it is prudent to put your eggs in different baskets just because you think it is good, just for the sake of diversification alone. I mean by doing this you may actually increase your chances of failure.