Post
Topic
Board Gambling discussion
Re: Friendly advice/warning about gambling in this market
by
bitcoinisbest
on 20/11/2018, 11:24:30 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.



It is true but only condition that the amount should be minimum. If some body like spend 1000$ of btc and end up losing then just think if next year btc crosses 20000$ so it means btc rose close to 5 times of current value so that means it was worth 5k in 2019 what 1000$ is now. So need be very careful how much amount you are ready to bet and ready to lose.