Post
Topic
Board Gambling discussion
Re: Does bitcoin's price volatility affect your gambling habits?
by
Oceat
on 08/12/2017, 21:19:47 UTC
So does this factor affect how you gamble?

If prices go up, do you lower you bets? For example, you normally bet 0.001 per bet, do you lower it to 0.0001 per bet?

If prices go down, do you place higher bets? For example, you normally bet 0.001 per bet, do you place higher bets like 0.01 per bet?

If i gambling my bets is always constant as long  i have a  capital to gambling and this factor it would not affect in my way of gaming.we already know that bitcoin is volatile in the exchange market,but in order to achieve  my lucky pot  in games  of gambling, i've did not decrease my betting because i have a target ,to earn a huge profits in terms of gambling.

You made a risky goal, but I am not sure whether you will reach your goal or not. Making money in gambling is not easy that everyone knows including you and bitcoin price is also high then also you took this decssion means great. I wish you all the best and achieve your goal asap. I personally don't encourage anyone to do gamble, but in your case, i think you have more confidence, so I wish you.
Even if he's confidence is high or his luck but it does still affect greatly at your gambling habit when there is a volatility. If you bet using Bitcoin it is not recommended because it is a great loss. That's why you should prefer choosing fiat currency to bet because fiat is not that high in every fluctuation and also you can save thousands of bucks when using fiat currency.