Enzo Posted July 12, 2019 #1 Posted July 12, 2019 So, we all know that discipline and rage betting are about the worst parts of gambling and what can ultimately make or break you. Lately I've been working on my discipline when gambling and i've gotten immensely better at it. So i've decided to try something neat the next time I deposit. This is not a "get rich quick" strategy I'm proposing. it takes time and patience. So what I plan on doing is depositing 0.005 BTC, making %10 daily, reinvesting my %10 profit everyday, and doing that for 2 months (not including weekends). After 2 months, my 0.005 BTC will be 1.5+ BTC. You can calculate the potential earnings if you use a site like http://compoundaily.com/ . 0.005 BTC is my choosen starting amount but honestly this could be done with 1 sat. It's a %30,000 increase. In 60 days time. It's of course still relying on luck because at the end of the day it is gambling, but making %10 of your balance is NOT hard at all, not even close to hard. I'd like to see what others think of this so I'll be checking this topic often. Also once I start on my own I'll be doing daily updates with graph pics and such to show my progress. I'm sure i'll fail the first time once my balance gets high, but that's expected. Let me know what you peeps think
hillowner45 Posted July 12, 2019 #2 Posted July 12, 2019 I've tried something similar in the past but failed due to a lack of self control. I think it may be wise to have some contingencies in place... for example being okay with losing a percentage of your bankroll due to chance. If you don't prepare yourself mentally for that you will not have the self control not to recklessly bet to recover it back because that will inevitably lead to you getting cleaned. And maybe only allow 20 minutes a day on stake to achieve your 10% goal and using a software to block access for the remainder of the day because gambling, greed and impulsivity all go hand in hand.
CheckTheTime Posted July 12, 2019 #3 Posted July 12, 2019 As this person above has mentioned, self control would be a key element in this too. Although the return would be great, but it’s gambling overall. People loses and people win. Gambling overall makes people loses, but that’s what they all say. Your technique may or may not work, but let us know!
williamshennie9 Posted July 17, 2019 #4 Posted July 17, 2019 Compounding is a good idea. If you are able to safely make 10% a day of your bankroll. Consistency is key, just be careful that you don't bust more of your balance than you can afford to lose
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