Post
Topic
Board Gambling discussion
Re: What impact does the BTC price have on your gambling habits?
by
Fortify
on 10/11/2023, 19:53:02 UTC
Dear fellow gamblers, as title topic said, I have a question/survey for you!

What impact does the BTC price have on your play (gambling both in casino/sports betting/binary options etc)?

Did you play more? Did you play less? Any thought or opinion on that?
Feel free to add your answer on my survey

( I will add my answer on a second time .... Roll Eyes )

Bitcoin has had quite a few periods of stability lately, where it has stayed in a certain range for weeks on end, so if I was just gambling with money earned during a particular week then it wouldn't make much difference. However if you have a big sum of money stored in a wallet that has increased in value substantially over the last few months, since it bottomed out around 16k, then you might find that taking it out has easily doubled your money without having to risk anything at all. Ideally though, you should be gambling with units of currency that have a pretty consistent baseline value and are not susceptible to massive spikes or busts, because gambling is hard enough without that element of uncertainty.