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Re: How to be invested in Crypto while staying away from gambling?
I've been around the crypto scene since pre 2013 pump. Been around blackcoin pumps, pinkcoin pumps (all the color coin pumps), all the country-coin pumps (remember those?), every shitcoin known to man.
I even knew about ethereum (commented on page 4 or 5 on their announcement thread) and was a huge believer in the project. .....but instead of sending btc to their ICO site on a summer day in 2014, I sent it to nitrogen sports with the intention of making more btc to send to their ICO.
Throughout the years, I've done similar things with various alts: Monero, dark-coin (DASH), Cardano, you name it. I had them with hopes of holding onto them to watch their value grow...but couldn't...and gambled it away with 3AM challenger tennis, random soccer matches, or baseball over/unders (though, when I go on a binge, I actually start off pretty damn well, but get tilted the moment I lose a few times).
I'm a big believer in the crypto space but it's difficult for me to hold coins without gambling. The thing is, I have no issue controlling myself when I don't hold crypto. I could go to a casino or wherever and not have any urge to bet with fiat. Idk what it is about cryptocurrency. I just get so into certain coins that I want to make more so that I can get a bigger stack to hodl...but then by trying to get more the quick way, I lose it all.
Anyone feel similar?
How do you combat the urge to gamble with your cryptocurrency?
I even knew about ethereum (commented on page 4 or 5 on their announcement thread) and was a huge believer in the project. .....but instead of sending btc to their ICO site on a summer day in 2014, I sent it to nitrogen sports with the intention of making more btc to send to their ICO.
Throughout the years, I've done similar things with various alts: Monero, dark-coin (DASH), Cardano, you name it. I had them with hopes of holding onto them to watch their value grow...but couldn't...and gambled it away with 3AM challenger tennis, random soccer matches, or baseball over/unders (though, when I go on a binge, I actually start off pretty damn well, but get tilted the moment I lose a few times).
I'm a big believer in the crypto space but it's difficult for me to hold coins without gambling. The thing is, I have no issue controlling myself when I don't hold crypto. I could go to a casino or wherever and not have any urge to bet with fiat. Idk what it is about cryptocurrency. I just get so into certain coins that I want to make more so that I can get a bigger stack to hodl...but then by trying to get more the quick way, I lose it all.
Anyone feel similar?
How do you combat the urge to gamble with your cryptocurrency?
It is your money and whatever you do it is your decision. I have never had a chance of getting into big ICO's like Ethereum. If I had the opportunity I wouldn't have missed this opportunity. So the choice depends solely on you what you want to do with your money.
It was different times in late 2013/early 2014. While I was certainly a believer in the project, there were MANY people who viewed Ethereum's ICO (which remember, was still a very new thing) as a scam. Many people who knew about it, missed out.
Re: How to be invested in Crypto while staying away from gambling?
I'm a big believer in the crypto space but it's difficult for me to hold coins without gambling. The thing is, I have no issue controlling myself when I don't hold crypto. I could go to a casino or wherever and not have any urge to bet with fiat. Idk what it is about cryptocurrency. I just get so into certain coins that I want to make more so that I can get a bigger stack to hodl...but then by trying to get more the quick way, I lose it all.
~
How do you combat the urge to gamble with your cryptocurrency?
You said that you can control yourself but you can't hold coins without using it in gambling??~
How do you combat the urge to gamble with your cryptocurrency?
Did I say I could control myself in general or did I qualify that statement with more info?
Re: How to be invested in Crypto while staying away from gambling?
Your username is "thepatient", but it differs greatly from the reality that you have been through regarding investing in crypto.
Your biggest mistake is don't have patience and can't control your greed. According to the story you wrote in the opening post,
it was very clear you want instant profit. The key to the success of investing in cryptocurrency is patience, if you want maximum
results just holding cryptocurrency that you have at least 5 years. And don't use all cryptocurrency you have for gambling, just
use 10% for gambling. Please try the advice I gave, I'm sure you can succeed.
Your biggest mistake is don't have patience and can't control your greed. According to the story you wrote in the opening post,
it was very clear you want instant profit. The key to the success of investing in cryptocurrency is patience, if you want maximum
results just holding cryptocurrency that you have at least 5 years. And don't use all cryptocurrency you have for gambling, just
use 10% for gambling. Please try the advice I gave, I'm sure you can succeed.
Maybe you're reading it the wrong way. He could be a doctor's patient, without any connection to patience.
I'm a kind of slow earner than riski it all person. I feel the need to gamble at times but I just take a bit of mu earinngs and play with it. It's never more than 20% of my weekly profits that I risk so it's not a big hit if I lose and just a bit of fun and additional money for small expenses if I win.
Everything should really be on moderation and also not all people do have capacity when it comes on how much money they can earn/spent on various things that why people do end up
on situations like this where unwise spending of their money by means of gambling.
As other said earlier where theres should be separation between investment and gambling.So that everything wont mess up if somethings goes wrong into the other side.
https://www.youtube.com/watch?v=rDrhI1GUnNg
Re: How to be invested in Crypto while staying away from gambling?
Thank you for sharing that story. I always long to read stories like this so that I can learn from your experiences. You are struggling whenever you hold crypto but not with fiat. I think what you need to do is to take a deep sigh first of realization. And then, practice to minimize your crypto gambling activity.
Not stopping but somehow controlling it if you're gambling with crypto. Set aside the feeling whenever you hold it and also keep a certain amount that you will never engage in gambling because the agenda of keeping it is for investment purposes.
Not stopping but somehow controlling it if you're gambling with crypto. Set aside the feeling whenever you hold it and also keep a certain amount that you will never engage in gambling because the agenda of keeping it is for investment purposes.
if you can't control yourself, you'd better stay away from gambling
The control issue is with crypto but with fiat, he can handle himself. That's hard to imagine that you can somehow control the other way and can't the other side.Thanks for saying that. And yup. Luckily I've escaped without hurting myself too bad financially, I've "only" ever lost out on potentially millions in profit, but never destroyed my non-crypto financial life.
Actually you can relate in this topic mate https://bitcointalk.org/index.php?topic=5233200.0
when OP is comparing trading in gambling in which instead of gambling why not risk your money in trading/
but of course this is depend on your desire because maybe you love Gambling more than any profiteering here thats why you encountered this problem.
when OP is comparing trading in gambling in which instead of gambling why not risk your money in trading/
but of course this is depend on your desire because maybe you love Gambling more than any profiteering here thats why you encountered this problem.
Quick suggestion, why don't you invest your money to those gambling sites instead? Like for example, putting your crypto to Yolodice or Bustadice and let it grow passively. Just be sure that you know the risks that you are getting when doing business with them. You can take a loot at this thread where someone invested BTC on two sites and he publicly provided the records of his profit/losses on a weekly basis. Good stuff, if I'm gonna be honest.
i think Cryptogames.net is offering investments also?Code: (LINKS)
https://yolodice.com/#invest
https://bustadice.com/invest
https://bitcointalk.org/index.php?topic=5239794.0
https://bustadice.com/invest
https://bitcointalk.org/index.php?topic=5239794.0
Thanks for the link
I've been there a few times, started with a small deposit then once I started winning several times controlling myself became more difficult and my sleep schedule is all over the place because i'd watch most of the games i'm betting on(nba,tennis,rugby,cricket,etc). One of my solutions to avoid these mistakes is to find another activity and make yourself busy so you won't have time to make a bet then eventually you'll start to forget about gambling.
The sleep-schedule comments hits home hard. I would watch every bet as well.
How about splitting your funds into 50/50 the first half you invest in Cryptocurrency buy any desired currency and HODL it into your wallet or ledger and the other half you bet in gambling and casino's. But ultimately for this to work is you to set limits of bets like betting with small amounts so you wont lose it quick and to learn to strategize and win the game. But if you're unfortunate and loss then you shouldn't touch the first invested funds
Nah, not gonna work out
OP has most certainly already tried something to that tune before. The root cause of the problem here lies in an erroneous short-term prioritization (in an obvious conflict with longer-term goals), and unless he deals with his priorities first in a productive and constructive way, these measures are not going to cut it. He will likely find a thousand (or more) excuses to gamble away the remaining half of his funds anyway. As I see it, the only long-term solution in this case is to change his attitude in such a way that gambling no longer remains a preferred choice. And that means looking and going for a more appealing and attractive use of his stash of coins other than gambling
How about splitting your funds into 50/50 the first half you invest in Cryptocurrency buy any desired currency and HODL it into your wallet or ledger and the other half you bet in gambling and casino's. But ultimately for this to work is you to set limits of bets like betting with small amounts so you wont lose it quick and to learn to strategize and win the game. But if you're unfortunate and loss then you shouldn't touch the first invested funds
Nah, not gonna work out
OP has most certainly already tried something to that tune before. The root cause of the problem here lies in an erroneous short-term prioritization (in an obvious conflict with longer-term goals), and unless he deals with his priorities first in a productive and constructive way, these measures are not going to cut it. He will likely find a thousand (or more) excuses to gamble away the remaining half of his funds anyway. As I see it, the only long-term solution in this case is to change his attitude in such a way that gambling no longer remains a preferred choice. And that means looking and going for a more appealing and attractive use of his stash of coins other than gambling
Well put.
Anyone feel similar?
How do you combat the urge to gamble with your cryptocurrency?
How do you combat the urge to gamble with your cryptocurrency?
Reading your story, you look like a person that wants a one-time big-time profit in one push.
You have lots of funds on-hand but still decided to risks it all with only relying in the future of those coins or doing gambling.
If you have time and since you are fine to take risks, why not take being risky on a higher level which is playing with the market trading. It might take time to learn but at least it you are not just relying on gambling returns.
In response to this (and other similar comments), I agree it's a potentially valid way to hold off the urge to gamble. There is a learning curve to it, though, and I would need to really dive into understanding it all. But yes, it can be done. I haven't ever fully tried committing to this route.
….thanks for the replies. Some great points and comfort in knowing theres similar people out there. It actually makes me think maybe I should engage with gamblers anonymous or something like that.
Re: How to be invested in Crypto while staying away from gambling?
I've somehow experienced that, especially that over/under betting which is really, in hindsight, nothing more than a dice game.
Gambling is one of the quickest ways to lose money. That is why I always make sure that my online crypto gambling accounts have a low balance because once I am already absorbed into placing bets, it would be as if 0.1 ETH is as low as a dollar. It is easy to squander money if it is denominated in ETH or LTC or DOGE. At least with a low balance, you will be prompted that your bet is not possible anymore because your balance is not enough. It is also very effective once that irrational urge to recover your loss as quickly as possible comes in.
Plus, always make sure your main crypto investment is separated in a different wallet which is not as accessible as your dispensable cryptos.
Gambling is one of the quickest ways to lose money. That is why I always make sure that my online crypto gambling accounts have a low balance because once I am already absorbed into placing bets, it would be as if 0.1 ETH is as low as a dollar. It is easy to squander money if it is denominated in ETH or LTC or DOGE. At least with a low balance, you will be prompted that your bet is not possible anymore because your balance is not enough. It is also very effective once that irrational urge to recover your loss as quickly as possible comes in.
Plus, always make sure your main crypto investment is separated in a different wallet which is not as accessible as your dispensable cryptos.
Very true, man, very true. It's like, shit what's .1 btc? That like 50 bucks? Oh wait, this isn't the mid 2010s anymore, that's almost a grand. I think that's why I have zero issues with gambling fiat. Cus then I would really see $1,000 slipping away in an instant and i would stop.
Re: How to be invested in Crypto while staying away from gambling?
How do you combat the urge to gamble with your cryptocurrency?
Telling myself that it's an easy way to win big while gambling but the opposite of it is the one I can't fathom if really those coins are meant for investment for a longer time. Sad to hear your story but I guess that will be an eye-opener on you for many years passed now. Has there changes in your recent behavior?I've had some good years and some bad years since 2013. Most recently relapsed last fall though.
Thinking about picking up some coins lately, but I gotta figure out a way to not become so consumed by the whole scene. It's addictive in general.
Re: How to be invested in Crypto while staying away from gambling?
Hm, yeah, the last two posts are good advice. I think it would definitely be easier if I didn't follow the whole crypto space as much. Maybe that can be a goal. Limit the amont of times I check the price or forums or whatnot.
How to be invested in Crypto while staying away from gambling?
I've been around the crypto scene since the pre 2013 pump. Been around blackcoin pumps, pinkcoin pumps (all the color coin pumps), all the country-coin pumps (remember those?), every shitcoin known to man.
I even knew about ethereum (commented on page 4 or 5 on their announcement thread) and was a huge believer in the project. .....but instead of sending btc to their ICO site on a summer day in 2014, I sent it to nitrogen sports with the intention of making more btc to send to their ICO.
Throughout the years, I've done similar things with various alts: Monero, Cardano, you name it. I had them with hopes of holding onto them to watch their value grow...but couldn't...and gambled it away.
I'm a big believer in the crypto space but it's difficult for me to hold coins without gambling. The thing is, I have no issue controlling myself when I don't hold crypto. I could go to a casino or wherever and not have any urge to bet with fiat. Idk what it is about cryptocurrency. I just get so into certain coins that I want to make more so that I can get a bigger stack to hodl...but then by trying to get more the quick way, I lose it all.
Anyone feel similar?
How do you combat the urge to gamble with your cryptocurrency?
I even knew about ethereum (commented on page 4 or 5 on their announcement thread) and was a huge believer in the project. .....but instead of sending btc to their ICO site on a summer day in 2014, I sent it to nitrogen sports with the intention of making more btc to send to their ICO.
Throughout the years, I've done similar things with various alts: Monero, Cardano, you name it. I had them with hopes of holding onto them to watch their value grow...but couldn't...and gambled it away.
I'm a big believer in the crypto space but it's difficult for me to hold coins without gambling. The thing is, I have no issue controlling myself when I don't hold crypto. I could go to a casino or wherever and not have any urge to bet with fiat. Idk what it is about cryptocurrency. I just get so into certain coins that I want to make more so that I can get a bigger stack to hodl...but then by trying to get more the quick way, I lose it all.
Anyone feel similar?
How do you combat the urge to gamble with your cryptocurrency?
I have 10 of the codes. So I'm looking to get $500 worth of btc in total.
I'll send one of the codes first (if you have reputable trust) then you send btc. And repeat
I'll pay 7% over market price.
I'll send one of the codes first (if you have reputable trust) then you send btc. And repeat
I'll pay 7% over market price.
Want to buy .1 or .2 of BTC by paying with something i can purchase on credit
yeah yeah, I got it, don't buy crytpo with credit. Now that that's out of the way...
I can purchase a gift card or whatnot. Ideally we'd make 4 $500 transactions. I give you the code, you give me the btc.
I'll only work with trusted users. Rate would be negotiable, though I'm trying to not get fucked over so bad like purchasing on paxful.
I can purchase a gift card or whatnot. Ideally we'd make 4 $500 transactions. I give you the code, you give me the btc.
I'll only work with trusted users. Rate would be negotiable, though I'm trying to not get fucked over so bad like purchasing on paxful.
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I'm a bit disappointed. The live chat person doesn't respond, a wager I made is taking a while to be graded, and you guys don't even supply Betslip IDs so we can reference our bets easily. Additionally, when you are creating a betslip, the software should tell you how much you would win from it. Instead, you have to first completely confirm it, then go into your bets to see that? I'll give it some more time, but so far this platform is just OK...
Re: ★BetBTC★ Sportsbook & Casino | Bitcoin Sports Betting | Since 2014 | 100% Bonus
Can you use this site (and withdraw) while in the US? T&C state that they have the right to not validate any winnings or withdraws if you're from the US, yet they allow you to sign up anyway?
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If one were to have requested a permanent self ban months ago, which was obliged and stated that it was irreversible, would one then be able to create a new account now or will that be a problem with the T&C? If one were to then withdrawal from this new account would it be flagged or something and not allowed through orrr?
Re: FORTUNEJACK.COM |Deposit 777 play with 1777 mBTC |Live Casino, Slots, Betting
Well, that was one example. In general though, for over .3 deposits to be used at the sportsbook, which rule applies: The T&C rule or the FAQ rule
They state different things.
They state different things.
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Can someone clarify something for me? I'm new to FortuneJack. If I were to deposit .25 btc, before I am able to withdraw I must make .25 worth of wagers? These can be on sportsbook pre-game bets, correct?
You can read up here: https://fortunejack.com/faq/bonus_tncHe is not even asking about bonus as far as I understand. I think he asked about the wagering requirement on any deposits, because there is a rule that users are required to wager before they can withdraw their deposit.
Quoted from the terms and condition page:
Quote
4. Wagering requirements apply before any deposit made on Member Account can be withdrawn. On Slots, Casino Games and Live games the deposit amount must be turned over 2 times before your withdrawal request will be approved.
On Sportsbook you have to make at least one bet with stake minimum 50 Percent of your deposit, before your withdrawal request will be approved. For Example: Deposit=100 mBTC, you have to bet minimum 50mBTC on any position you can choose on Fortunejack sportsbook.
On Sportsbook you have to make at least one bet with stake minimum 50 Percent of your deposit, before your withdrawal request will be approved. For Example: Deposit=100 mBTC, you have to bet minimum 50mBTC on any position you can choose on Fortunejack sportsbook.
So if he is asking related to sports betting, he needs to make a bet at least 0.125btc from his deposit (0.25btc).
Ok, yeah, so it seems from the T&C, that if only using sportsbook I'd need to wager half my deposit before withdrawing. That's a lot better than needing to turn it over 2x.
On the other hand though, the following worries me. It's from the FAQ withdrawals section -- what are the requirements for making a withdrawal?:
Firstly, verifying your account via email.
If your last deposit amount is equal to or greater than 0.3 BTC (or equivalent in other currencies) you have to turn over your deposit amount at least once, and the amount of the withdrawal should be at least 0.004 BTC (or its equivalent in other currencies).
This makes it seem like the .3 rule applies generally to everything?
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Can someone clarify something for me? I'm new to FortuneJack. If I were to deposit .25 btc, before I am able to withdraw I must make .25 worth of wagers? These can be on sportsbook pre-game bets, correct?