Post
Topic
Board Gambling discussion
Re: Friendly advice/warning about gambling in this market
by
maydna
on 19/11/2018, 04:29:45 UTC
Thanks for informing us mate, probably even if you won on gambling there's nothing left to be called as profit because the btc could turn against your winning streak.

I will only gamble on fiat for this week or so.

Yeah anyway if you don't trade with large amounts of money you are not even going to feel the volatility that this guy is talking about.

If you gamble with $5, and bitcoin goes down by $1000, those $5 are gonna be $4, that is not a difficult thing to think about also.



And if somehow we can win the bitcoin and the price is down too deep, I think it is better to hold that bitcoin until the price can increase higher. It will not be a problem if we can stay calm while waiting the price grow and we can do another thing besides doing trading. But at this moment, it is better not use the bitcoin for trading or gambling if we don't want to get a loss in both trading and gambling.