If you’re gambling regularly while also investing, it’s probably smarter to use stablecoins for gambling. That way, when the bull run hits, you won’t be regretting all the Bitcoin you lost. I’ve personally lost a decent amount of Bitcoin, so yeah, it hurts a bit. Even if you set aside Bitcoin specifically for investment and gambling, it’s still Bitcoin, and its value could hit $100k soon.
Can you guys relate?
Finally, someone finally agrees with me, a topic like this have been discussed on this forum on several occasions, I even started one myself to explain to gamblers here just this same reason why gambling and using bitcoin or even any volatile Altcoin for payment could be a very bad idea, but most people who comments disagreed with me, saying that whether or not we use bitcoin or Altcoin to gamble, makes no difference since and if bitcoin is the only cryptocurrency they hold, and makes no sense to first convert it to stable coin first before proceeding to gamble.
But well, as good as I understood the above, I still made it a habit to convert any bitcoin I intend gambling with to stable coin first, this has saved me alot of regret because when I go into my history on the casino, everything is In usdt, there is no such temptation to want to try to find out how much a bitcoin I've once gambled away currently is valued at, no such regret for me.