Want your opinion on this guys.
We are situated in a bear market for some time and with a huge crash happened the past 2 weeks.
Do you guys keep betting with crypto and stack your crypto profits or do you prefer to switch to fiat betting and convert fiat winnings in crypto?
Me personally I love to bet on sports, fiat as well as on crypto platforms. However during the crash I switched to betting on fiat bookies for 90% of my bets.
Profits i make at this moment with fiat bookies i use to buy crypto cause of the cheap prices. those converted profits i deposit on crypto bookies and try to make some profits in crypto as well.
Don't know you share the same strategy or rather stick to fiat and/or crypto bookie as you usually do.
It depends. If you have bought your crypto in the bull market I would just HODL and wait to recover the loses. In this way, I would go with Fiat betting. If i lose it won't give me so much pain in my pocket.
If I am facing a bear market, I would buy the cheapest crypto that I will use it for my gambling. If the market will go bulish, I will have profit from the up of the market and a double profit if I have made a profit from my gambling play.
On the other hand, If I lose the coins I have bought for gambling, I wouldn't mind so much because It didn't cost me that much.
I hope you can get my point and can help you decide!