stonethehustler
stonethehustler
Joined: Oct 28, 2021
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December 1st, 2021 at 4:08:28 AM permalink
I was lucky enough to recognize the potential of cryptocurrencies before they were a thing and have done well with Bitcoin. However, the recent fluctuations have somewhat shaken my belief in the sustainability of these investments. Although Iím confident theyíll be around for a while longer, Iím thinking itís smart to diversify my investment portfolio.

Since Iím a gambler by nature and am no stranger to taking (calculated) risks, I find myself increasingly drawn to the prospect of Bitcoin casinos. When I think about gambling at these venues, Iím only referring to skill-based games where the end result depends on my ability to outplay opponents, and not the traditional luck-based games like slots.

At the same time, Iím also not experienced enough when it comes to the credibility of such venues. Hence, Iím writing this post to ask yíall about the legitimacy of gambling in Bitcoin-only venues. Does anyone have any experience with it? From everything Iíve read, this seems like a trustworthy way to increase oneís bankroll, but simultaneously, since cryptocurrency gambling features increased anonymity, I worry about the potential downsides.

Iíve read about these venues from multiple online sources (example: [Spam link redacted] ). But, Iím still apprehensive and reluctant to go into it head on. Iím asking for advice. Has anyone here had experience with Bitcoin casinos? If so, could you please share some insight into whether itís safe, and possibly let me know which casinos you prefer from firsthand experience? Looking forward to hearing from you. Thanks!
Last edited by: unnamed administrator on Dec 2, 2021
jjjoooggg
jjjoooggg
Joined: Jul 13, 2012
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MasonErnest
December 1st, 2021 at 10:11:28 AM permalink
I feel the same way. But i started late. I think coinex may have the lowest fees. I also have coinbase pro. Regular Coinbase fees are too high. It took a while to figure out how to move the coins to coinex. Also have to make sure you are sending matching coins to coinex. Or you lose it all. I tested with small deposits to practice.
Last edited by: jjjoooggg on Dec 1, 2021
Born in Texas and lived in Texas my whole life.
DogHand
DogHand
Joined: Sep 24, 2011
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MasonErnest
December 1st, 2021 at 10:35:32 AM permalink
Quote: stonethehustler

I was lucky enough to recognize the potential of cryptocurrencies before they were a thing and have done well with Bitcoin. However, the recent fluctuations have somewhat shaken my belief in the sustainability of these investments. Although Iím confident theyíll be around for a while longer, Iím thinking itís smart to diversify my investment portfolio.<snip>link to original post



stonethehustler,

If you deposit Bitcoin and get paid in Bitcoin, how are you diversifying?

Dog Hand
heatmap
heatmap
Joined: Feb 12, 2018
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December 1st, 2021 at 12:47:58 PM permalink
ChumpChange
ChumpChange 
Joined: Jun 15, 2018
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December 1st, 2021 at 2:39:02 PM permalink
I could buy-in for 0.002 bitcoin and win all the way up to 1.000 bitcoin. I couldn't care how much that's worth until I cash out for tax time.
billryan
billryan
Joined: Nov 2, 2009
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December 1st, 2021 at 3:16:10 PM permalink
Quote: ChumpChange

I could buy-in for 0.002 bitcoin and win all the way up to 1.000 bitcoin. I couldn't care how much that's worth until I cash out for tax time.
link to original post



Borrow against it and have no income.
The difference between fiction and reality is that fiction is supposed to make sense.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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OnceDear
December 1st, 2021 at 3:43:26 PM permalink
Quote: stonethehustler

I was lucky enough to recognize the potential of cryptocurrencies before they were a thing and have done well with Bitcoin. However, the recent fluctuations have somewhat shaken my belief in the sustainability of these investments. Although Iím confident theyíll be around for a while longer, Iím thinking itís smart to diversify my investment portfolio.

Since Iím a gambler by nature and am no stranger to taking (calculated) risks, I find myself increasingly drawn to the prospect of Bitcoin casinos. When I think about gambling at these venues, Iím only referring to skill-based games where the end result depends on my ability to outplay opponents, and not the traditional luck-based games like slots.

At the same time, Iím also not experienced enough when it comes to the credibility of such venues. Hence, Iím writing this post to ask yíall about the legitimacy of gambling in Bitcoin-only venues. Does anyone have any experience with it? From everything Iíve read, this seems like a trustworthy way to increase oneís bankroll, but simultaneously, since cryptocurrency gambling features increased anonymity, I worry about the potential downsides.

Iíve read about these venues from multiple online sources (example: [Spam link redacted] ). But, Iím still apprehensive and reluctant to go into it head on. Iím asking for advice. Has anyone here had experience with Bitcoin casinos? If so, could you please share some insight into whether itís safe, and possibly let me know which casinos you prefer from firsthand experience? Looking forward to hearing from you. Thanks!
link to original post

This post reads like it was contrived for the sole purpose of touting that affiliate site, especially all the mumbo jumbo about "diversifying your investment portfolio/ this seems like a trustworthy way to increase oneís bankroll". I noticed some of the places they are touting have a bad reputation. I have yet to find a casino on that site that you actually play in BTC(most offshore places take BTC), and I dont see any skill game casinos on there. If you are going to play at an offshore online casino, I highly suggest people stick with Bovada and use a link from LCB or WOO/WOV. If someome is actually interested in any personal experience with some online casino other than Bovada, I'll be happy to answer via PM and give you a list and a link to LCB where I suggest you sign up from. They have in fact helped resolve some problems I had with online casinos.
Last edited by: unnamed administrator on Dec 2, 2021
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
OnceDear
Administrator
OnceDear
Joined: Jun 1, 2014
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December 2nd, 2021 at 2:54:01 AM permalink
Quote: AxelWolf

This post reads like it was contrived for the sole purpose of touting that affiliate site, especially all the mumbo jumbo about "diversifying your investment portfolio/ this seems like a trustworthy way to increase oneís bankroll".link to original post

I tend to agree. I've redacted the link, and for now, no further action.
Beware. The earth is NOT flat. Hit and run is not a winning strategy: Pressing into trends IS not a winning strategy: Progressives are not a winning strategy: Don't Buy It! .Don't even take it for free.
miryvik
miryvik
Joined: Dec 2, 2021
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December 2nd, 2021 at 5:19:23 AM permalink
ohh nice

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