Post
Topic
Board Gambling discussion
Re: Does bitcoin's price volatility affect your gambling habits?
by
katrimans
on 16/12/2017, 06:26:49 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?
Despite the fact that am yet to fully start putting my money into gambling one will need not to be told of what to do when the market value of bitcoin is has increase before your bets rate so that it will conform with the rate or percentage at which use to bets before the increase in bitcoin value.
Obviously, no gamblers needs the guide that what he should do when the price of BTCs has risen in the market and when had fallen. They all have the knowledge of how much money they should bet when the price has raised or fallen.

However, the amount of bet completely changes when the change in price is found. Gamblers who played with double amount change them into single amounts and vice versa.
Yeah! You were so true. Gamblers are aware about every single update of BTCs and after making their static decisions, they come up in the market of gambling with their money.

They are well aware of all the rise and fall of the prices of BTCs because they cannot risk their money in order to have little or no knowledge. Only those gamblers are not aware about the rise and fall of BTCs’ price in market that do gambling for fun seeking.