Crypto Currency Poll - Question #5

[10gerka]

cryptos are volatile, that is clear, but there are players who risk and can obtain great profits in the future, and others do not, everyone makes their own decisions regarding their experiences.

 

[orchidra]

While the volatility of cryptocurrencies, could make it appealing to some poker players (another form of gambling), my guess is it would make no difference to the majority.

 

[Pimp 007 x]

Yep, poker players love volatile odds, so it comes as no surprises they would go for crypto currencies.

 

[Yanko57]

Somewhat. There's too kind of people: the risky ones and the safer ones. The risky ones would definitely like that volatility.

 

[DiazPoker3101]

In my opinion, what makes cryptos attractive is the possibility of having a currency that does not depend on a bank, nor regulations, This is how you can withdraw your balance to a virtual wallet and from then on convert it to your preferred currency.

 

[Jogo4]

the answer is no, poker is something solid, when I invest in poker I expect to receive money, bets are made in money, what attracts the player's eyes is to see those mountains of money in the prize pool.
cryptocurrencies do not have a solid base, today it may be 1,000 dollar, tomorrow only 1 dollar, it does not have a base, and its value is only linked to the purchase and sale of a code, and if no one chooses to buy this code, it will have no value.

 

[cwdignus]

now there are so many new coins that it's hard to even monitor them on their fluctuations, it's hard to say the names of existing cryptocurrencies

 

[Navin Sarabjeet]

Not really. For me it is way better to have the hard cash in sight than a Crypto currency. The fast money option is not made for me.

 

[weezy1312]

well it is a gamble and poker players love to gamble so why not bet on this on the dark XD

 

[zam220]

Buy cheap and sell expensive. I think it attracts in the crypt, a rapid increase in capital!

 

[dino]

With crypto you have to use your best judgment, and have luck.
But, in past month or so all are down and now is good time to buy, to make nice profit when they rise again.

 

[tagece]

I have poker players friends who love risky money investments. They are very aggressive and loose players as well. It's their way to live, ok. Bur it's not for me.
I think cryto currency are in a dangerous moment by now. In some moment, they became a speculative coin, and gave huge profits to investors, but it worked sometimes like a ponzy scheme. It only have value if people think they have value. And that could fall apart at any moment.

 

[BigDice75]

I believe that both the poker player and the cryptocurrency trader are based on probabilities.

 

[Zvezda kz]

Yes, it is dangerous to keep a bankroll in cryptocurrencies, such jumps in the rate of cryptocurrencies can lead to a heart attack.

 

[Mati532]

A little yes.

 

[Rvstam]

what is the difference between bitcoin and dollar? the dollar has not been attached to gold for a long time, it is the same piece of paper as other currencies

 

[najisami]

Transactions in cryptocurrency are faster and cheaper, that's for sure. I might be wrong (Please correct me if so), but I think that the volatility issue only affects traders, not depositors. I mean, if I make a deposit into my ACR account for example, using crypto, doesn't the amount get exchanged into a regular currency (FIAT) right away ? It's only up to us to chose when to deposit or withdraw depending on the value of the used cryptocurrency at the time of the transaction.

 

[Gallarado777]

yes it makes it very attractive as you can see price volatility

 

[apLike]

I think the volatility of cryptocurrency is attractive because it is possible to speculate on it quite successfully and predict growth/fall. This is the same as in poker, the randomness of a card falling on the table, I mean the moment of chance, luck, luck. This is what attracts poker players in my opinion

 

[okeedokalee]

The ideal appealed when it began. I'm sure the guys who kicked it off never expected the coverage there is now, that there would be so many varying participants.

 

[antonis32123]

Prices can go suddenly very high or down at the bottom , you can never know with the cryptocurrency , this is sth I do not like , but if we are talking for a small investment , and see how it goes , then that is fine by me

 

[Leandro6803]

I think the player is always willing to take a risk in the game, maybe with knowledge in cryptocurrencies the player is more inclined to take this one also in cryptocurrencies

 

[Chebchoub]

Yes, I heard that Bitcoin has become a very valuable currency, and everyone who bought this currency got rich and this is a wonderful thing, but to go into this field, you must have some courage and study the matter properly before buying these currencies

 

[armoko]

not really, the real currency is still more trustful and more and less stable than crypto

 

[Newmy12345]

I wouldn't like my funds to be in crypto. Firstly because I have no knowledge on trading and because of the very well known reason now of how crypto is most likely in its last days