what crypto you guys actually use for gambling?
- Thread starter flipflop
- Start date
CryptoDada
Active member
Agree with @Btcalysis not saying it's impossible but the "imminent collapse" narrative is overblown for sure
bittersweet
Member
used to only use btc back in 2018 when it were reasonable. now its just not practical for gambling
switched to usdt last year and never going back
switched to usdt last year and never going back
CryptoDada
Active member
Little breakdown of what matters for gambling:
- Speed: Tron/Solana > Litecoin > Bitcoin > Ethereum
- Fees: Tron/Solana < Litecoin < Bitcoin < Ethereum
- Acceptance: USDT > BTC > Everything else
- Volatility: Stablecoins (fairly none) > BTC (high)
Trump_Coiner
Member
honestly i see your point here but personaly i use btc because when i win i want to hold in btc not convert back and forth losing money on spreads every time
Steven37
Member
Valid strategy if you're bullish long term. But you're essentially making two bets - on your gambling session AND on BTC price. Higher risk/reward. Just keep that in mind
Patronus
Member
same tbh. won 0.05 btc would have just spent the fiat if i cashed out. so just wait untill it grows back and that;s it
flipflop
Member
and you can wait for years lol
Patronus
Member
yeah thats the gamble innit. but if you're already gambling on slots might as well gemble on btc too
goldkingcoiner
Active member
watching degenerate gamblers convince themselves holding btc is an "investment strategy" is peak comedy. ur not warren buffett ur a slot addict who got lucky
CryptoNeed
Member
jesus christ mate why wont you keep that shit to yourself huh??
Tyrone
Member
@goldkingcoiner is right tho. holding btc from your gambling wins is dumb strategy(why would even call it a strategy anyways) so maybe you stfu HUH??
CoinTaker
Member
well that's actually smart. get the cheap deposits but can hodl btc if you want nice!
root777
Active member
Pretty much yeah. Unless you specifically want to hold BTC or your casino doesn't accept USDT for any reason (which is pretty rare)
Major
Active member
One more thing to consider - some casinos charge withdrawal fees on certain coins. betterr check the casino's fee structure. Some charge nothing for USDT but fee for BTC, others vice versa.