Post
Topic
Board Gambling discussion
Re: I just realized that Bitcoin isn’t the best choice for gambling…
by
LDL
on 13/12/2024, 13:25:10 UTC
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?
Gamblers will bet on the currency of their choice. However, those who participate in gambling are essentially placing bets by accepting the risk. Professional gamblers don't care if Bitcoin is 100k or not. It doesn't matter to them if they lose the bet by Bitcoin Hughes because they are essentially betting on risk. But in a pumping market it is definitely wiser to hold or bet with stable coins than to bet with bitcoins.