Post
Topic
Board Gambling discussion
Re: Market down, Casino volume up.
by
Cityhunter34
on 19/04/2025, 08:49:29 UTC
We have been in the crypto gambling space since 2018 we can clearly see that when the market goes down, the activity at the crypto casinos goes up. Huh

Why do you think this is happening?
This can happen for various reasons, whether someone invests in crypto or uses money for gambling, the intention in all cases is to win something big and strengthen their financial position. So when the market is down, many traders convert their investments into stable coins. And at that time they can use casino sites as their source of income. Everyone says that they use gambling only for fun, but here their intention is to win and earn money from it. Perhaps something like this can happen for these reasons. I am not sure but I can guess something like this
You are absolutely correct that is the real truth about it, because all gamblers intentions is always to came out with a huge win nothing else. However, just like as you mentioned once a trader noticed that the market is not on their own side he or she have no option than to secure the ones that they have, so that they wouldn't going to end up losing all at the same time. Of course we gamble for the the winnings, but sometimes is quite good for us to always see it as a fun or entertainment because winnings is not always sating in gambling.