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?
Maybe for those who have been playing crypto gambling for a long time it has no effect on them, and I’m sure they won’t be bothered either because they know that kind of move in this industry. And then if anyone will be affected by this sudden fall in the price of bitcoin, it is none other than those who are new to this industry and do not yet have enough knowledge of cryptocurrency. What they can do right away is to release their gambling winnings immediately because they will think that Bitcoin will continue to collapse, which is not really going to happen.