Quote from: South Park on Today at 10:02:53 PM

Quote from: ThePatient on May 11, 2020, 04:07:41 AM

I've been around the crypto scene since pre 2013 pump. Been around blackcoin pumps, pinkcoin pumps (all the color coin pumps), all the country-coin pumps (remember those?), every shitcoin known to man.

I even knew about ethereum (commented on page 4 or 5 on their announcement thread) and was a huge believer in the project. .....but instead of sending btc to their ICO site on a summer day in 2014, I sent it to nitrogen sports with the intention of making more btc to send to their ICO.

Throughout the years, I've done similar things with various alts: Monero, dark-coin (DASH), Cardano, you name it. I had them with hopes of holding onto them to watch their value grow...but couldn't...and gambled it away with 3AM challenger tennis, random soccer matches, or baseball over/unders (though, when I go on a binge, I actually start off pretty damn well, but get tilted the moment I lose a few times).

I'm a big believer in the crypto space but it's difficult for me to hold coins without gambling. The thing is, I have no issue controlling myself when I don't hold crypto. I could go to a casino or wherever and not have any urge to bet with fiat. Idk what it is about cryptocurrency. I just get so into certain coins that I want to make more so that I can get a bigger stack to hodl...but then by trying to get more the quick way, I lose it all.

Anyone feel similar?

How do you combat the urge to gamble with your cryptocurrency?

Your problem is in fact very common, casinos have known for a very long time that people have problems gambling away their money this is why you need to convert your money to chips in the casino, even if you are still holding the very same amount of money the fact that you are now holding casino chips makes you way more likely to gamble a lot more than what you should, so it seems to me that your problem is that you do not really see cryptocurrencies in the same way that you see your fiat and that is why you keep gambling it away, in my opinion you should always think of the value in fiat of your crypto holdings so this does not happen to you again.

The fiat value of chips ≠ Cash value. The volatile crypto market and the untrustworthy fundamentals of gambling finance make it hard to stake or hold the casino balance online, I prefer to split my holdings and the casino altcoins should remain less than 10% of altcoin portfolio. Spending less or more or gambling the rest of funds can be linked to unstable psychological issues, no need to blame the decentralized gambling industry, IMHO.