Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
BitcoinGirl.Club
on 06/07/2019, 18:23:48 UTC

Don't get me wrong, I am not a total gambling prude, but we should realize that gambling is not a good strategy for the vast number of people, but they can have fun with gambling if they are able to employ it with a large amount of moderation and they don't attempt to build their investment strategy around any kind of gambling approach.

Winning strategies tend to be a bit slower, more monotonous, but more assured of long term profits.. Frequently, if guys employ a gambling strategy (or approach), then they will always say that they will stop once they achieve x, but they frequently will continue to be tempted to try x+1 and then x+2 and then x+3, and at some point, the odds catch up and they are worse off than if they had merely employed a non-gambling approach from the get go, and then just continued to employ the non-gambling approach - with maybe only a small amount of side money that might be used as gambling/fun money.
Gambling is not my investment strategy (I hope it would but I can't control my greed when I gamble, I fall for odds). It's an entertainment but I have to admit that I have lost a lot in gambling which cost me to lose my BTC too.