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?
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.
I don't see the difference in converting Bitcoin to USDT for gambling. It's same, and the regrets would be there still, because, within you, the amount of exchanged btc has an increased value. If anyone is going to hold, there is no essence of changing to stable coin. The best of this idea is to focus on Fiat, or better still play using Bitcoin.
I've no much definition of gambling with btc and trading on exchanges. We win or lose. So, if the gambler doubles their wins, it's as if they've added more bitcoin to the existing coins. Although, you're right, but anyone who's going to regret will probably do so, especially now that the price is skyrocketing to 100k.