Quote from: minairia3 on March 21, 2020, 07:34:37 AM

Quote from: Nadziratel on March 21, 2020, 06:43:50 AM

I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.

Actually most gambling site utilize the use of major coin such as btc, eth and sometime usdt but majority uses bitcoin. We cant comprehend the usage of such coin and suddenly shift from another coin just because we experience price melt down. Even gambling sites bleed to death as the value of their capital turn down due to crash of market. Why do you think usage of usdt could altered the effects of gambling? Though even using btc you just adjusted with the market tag price.

Actually, the answer is simple for me. I use the day-trade method to increase the number of BTC I have. But gambling is for both fun and money. For this reason, the USD value of the assets I use in gambling is important. That's why I decided to separate my investments for crypto and gambling.

Quote from: Darker45 on March 21, 2020, 07:58:30 AM

Quote from: Nadziratel on March 21, 2020, 06:43:50 AM

I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.

First, money for gambling should always be separated from money for investment, money for expenses, money for savings, and so on. Money for gambling should be the least priority, if at all.

Second, if you gamble with USDT, what's the significant difference with using USD? I admit I haven't tried using USDT for gambling. Even the sound of it seems a little strange in a gambling site for me. I cannot remember playing at a casino or betting site accepting USDT.

By the way, I mostly use the leading altcoins for gambling.

No I didn't use USDT until last week. I always prefer ETH for gambling. But I've just decided to change this. I will use USDT anymore.

Quote from: CryptopreneurBrainboss on March 21, 2020, 12:08:34 PM

Quote from: Nadziratel on March 21, 2020, 06:43:50 AM

I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.

This should had been one of the very first precautions you should have taken as a gambler and not waiting for the market to experience so bad outcome before this pops into your head. Keeping your investing funds together with your gambling funds make it an easy spending source for when your bets aren't going your way and you need more funds to continue betting.

Regarding the coin I use to gamble, initially I started with the platforms native token and that was one of the criteria I used to select my preferred gambling sites since the bonus usually associated with them were mouthwatering but this day I used any cryptocurrency available on the platform surfer that coin can't determine or affect the outcome of my bets.

As a matter of fact, the amount I had already allocated for investment was separate from the crypto money I had reserved for gambling. But for both of them it was the amount of BTC that was important to me. But from time to time, I cash out the money I earn from gambling. That's why the value of USDT has always been important to me.

For this reason, I plan to keep the amount I reserved for gambling in my wallet as USDT.