Quote from: Tumanggor on Today at 05:49:09 PM

Quote from: Finestream on July 07, 2022, 09:47:11 PM

Quote from: virasog on June 13, 2022, 03:15:50 PM

Gamblers around the world use crypto and bitcoin to play the bets. Do they really care if the bitcoin prices dump hard? I know traders are directly impacted by this dump, and investors are also in panic but what about gamblers. Their motive is to play gamble and they may not be a concerned if the price of bitcoin is declining sharply?

Gamblers will never be triggered by the bitcoin price dump, because whatever the condition of the market, they will never stop betting and find means to be profitable especially if they have that gambling addiction. Investors and traders may always be considerate on the prices of the cryptos, but when it comes to gamblers, their goal is to make profits, and as long as they have tons of capital to gamble, gamblers will always continue betting into gambling games and matches.

gamblers usually only focus on the profit they make, not on the price of bitcoin

indeed when they make a deposit with bitcoin, the price drops it affects the value of the gambling results (profit or loss) but if they win big, they will forget the decline that occurred in the price of bitcoin

The market is so unpredictable - anything can happen at any stage of the time. If we look at LUNA - what a horrible mistake it was.
Two of my friends lost their big capital to LUNA, I was about to make the same mistake but thank God - I missed buying them.