Post
Topic
Board Gambling discussion
Re: Which Crypto coin Do You Gamble with the Most?
by
Mahanton
on 25/05/2023, 21:58:36 UTC
So for me, I've always preferred to do all my gambling in stable coins only for the reasons given above..
So what about you? Do you feel and do the same or do you have a different perspective to this altogether? Let's discuss.

I understand that some people prefer the normal BTC than USDT but I prefer USDT for some personal reasons, they are cheap for deposits and withdrwals and they help to easily calculate how much I have gain and amount I have made as loss, there is no need to be going to be calculating my earning in sats, I am not move by volatility of bitcoin as some gamblers do think it is better to have yoyr earnings in Bitcoin incase it pump, you will have more value. Also, during difficult times of moving bitcoin and high fees, it becomes a hard labour to fund casino and sportsbook, hence why I like stable coins for deposit and withdrwals.
Yes mate, its exactly the point I made in the op, I've personally gambled with Bitcoin and several other altcoins in the past, and also for some time focus on doing all my gambling in stable coins, and the aftermath conclusion is this thread, I am much OK with gambling in stable coins than I am with gambling with Bitcoin and any other unstable coin.

And as for keeping funds in bitcoin just incase price increases, I do have funds in bitcoin, I mean I always have funds in bitcoin, but funds kept or held in bitcoin is fund not meant for gambling, it's an investment.

Maybe all will differ on current situation of the market since majority will use bitcoin to gamble when the volatility of this coin became stable and no losing in value due to crash has been encounter by a user. We or other decide to use alts when bitcoin is doing some crazy actions and people cannot afford to spend their bitcoins that's why they look for alternative coins so that there hodl bitcoin will never get touch then be use for what they think much better way to earn more either trading it or just simply wait for the price to soar high.
Actually boils down into someones preference because not all could really afford on making use of their Bitcoin and would rather be liking to make use like stable coins like USDT or something those altcoins who doesnt move that much. This means that it would really be that situational because not all would really be making use of a coin which does have huge potential on increasing its price but there are people who doesnt really mind that much because if we do think that if we do make use of BTC then we do win the same which means if you do win big then holdings could really be more than on the amount. Somewhat its not really that
a good behavior on combining your investment mindset and your gambling thing on which these are two different things which its a must thing to consider whenever you do make
out such decision.