If you have been keeping a close eye over the blockchain currencies and assets then you are familiar with the most recent market correction that took place for a majority of the top 100 digital currencies... but not to worry since we have been on a steady climb back and since the forefather of all of the blockchain currencies, bitcoin, has recently surpassed a $4,500 mark again, we figured that what better time is there to discuss the pros and cos of HODL your BTC versus staking it in the bitcoin casino bankrolls! If you are looking for actual tips then sorry to disappoint you but we are going to stick to a slightly more general theme here.
Short and Long Term Risks & Gains of HODL BTC
First of all, it is good to establish whether you are looking at your crypto investments as a short-term or a long-term play because there are risks and gains over at the both sides of the field. One of the biggest risks of holding bitcoin only for the short period of time is that you might end up being forced to sell during the low market correction peak, however, to stay frank then this is a risk only in the cases where you depend on this investment and MUST sell it off at a loss, the good thing about digital currencies is that markets are open 24/7 and you can always HODL for as long as the price is right! Besides that, we could totally reverse the script here and talk about the scenario in which bitcoin happens to skyrocket and you bank a nice profit! Treat every investment with due diligence and never risk anything that you cannot afford to lose, that being said, you should not set your mindset that you are going to lose but simply don't play with the money that you will stop you from eating in case that it happens to go down south. If you look at your BTC investments as a long-term play then the odds are in your favor for making a really nice return. Many established financial analytics have come out and leap as far as saying that one day, bitcoin will be valued beyond $1,000,000 dollars, not sure whether they meant it due to the dollars rapid inflation or the crypto's soaring popularity. Time will tell us.
Long and Short Term Gains & Risks of Staking BTC In Casino Bankroll
Some bitcoin holders have discovered an alternative to bluntly keeping on to their digital currency which is staking it in the BTC casino bankrolls. This is something that is only possible thanks to the blockchain technology, never before an average joe could walk into a casino and grab a piece of the revenue by offering up their money in the house bankroll but there are plenty of new school bitcoin casinos that do just that and even pay you out daily! You know the saying The house never lose! and this is the case for the majority of the time. Staking BTC in bitcoin casino bankrolls is a good way to give yourself a steady 1% increase but naturally, just like every investment, there is a certain aspect of risk. In the short term, the house may experience the lower end of the variance and have a slight loss, or even a big one if the luck happens to strike in favor of one of the whale players. Then again, playout could be exactly vice versa! For the long-term, BTC staking in the bitcoin casino bankrolls sure seems like a profitable play. Take a deeper look at some of our trusted bitcoin casino reviews to find the ones offering BTC staking in casino bankroll.