Why Investing in Cryptocurrencies Is a Good Idea


Why Investing in Cryptocurrencies Is a Good Idea

A Cryptocurrency, or Crypto Currency, is a digital currency designed to function as a medium of currency exchange where only private coin ownership details are kept in a public ledger, often found in a virtual online database, as a public record. This public record provides valuable information for all of the users who wish to study their previous transactions. However, private owners usually maintain their own private information about their transactions and so do not need to be updated as much as public record information.

There are several distinct kinds of Cryptocurrency. For instance, there are Virtual Currencies which use virtual “rubies” as the main form of Asset Assets. Other examples include Peer To Peer Ledger Systems (PTS), Distributed Ledger Technologies (DLT), and Colored Coins. In each case, a certain type of Cryptocurrency is used as an intermediary between various different currencies.

One example of an older form of Cryptocurrency is the gold standard, which was replaced by the gold exchange standard in the early 19th century. Many people still associate the term “Cryptocurrency” with this system, although the modern usage mostly refers to any form of digital currency that can be traded and stored virtually anywhere in the world. As for how people actually see and interact with cryptosporms, some see it as an asset class, like stocks or bonds, and others see it more as a way to make donations to charity or do good deeds in the community. Still others see Cryptocurrencies as just another method of money transfer, using it just as you would use a credit card, or PayPal, without the full commitment or headache that comes along with real currency transactions.

So, if we look at how Cryptocurrencies work in the most basic terms, they work on the same general principles of a distributed ledger. The ledger is a public and transparent source of information, where each transaction is logged and recorded in a certain place, called a block. In the case of Cryptocurrencies, this place is called the “blockchain”, and every single transaction is tracked back to the original source and recorded on its respective block.

Since Cryptocurrencies are controlled by a network of computers, each having a unique copy of the chain and all the updates and changes that go along with it, there’s no need for a central administrator or ledger. Transactions and transfers are made directly between the currencies, and since no single party owns the chain, it’s impossible for anyone to tamper with any of the transaction. However, that being said, it’s also impossible for anyone to make money from anything that happens on the chain. Since everything is digital and only stored on the chain, nothing can be printed or copied.

Because of these properties, it’s very difficult for criminals or hackers to create an asset worth enough to try and attack a Cryptocurrencies network. With this said, there are still some benefits to working with Cryptocurrencies. For example, because there are no fees associated with using Cryptocurrencies, it makes it more accessible to people around the world, and the actual worth of the currency increases because more people are purchasing it. As more people buy in, the value of each currency will increase and as it does so, the value of the chain grows. So if you’re looking to invest in Cryptocurrencies, remember to check how theblockchain works and you should have no problems.

CryptoWild Review

Last year, another Direx NV online casino opened – CryptoWild. Since the company already owns and operates a wide range of quality platforms, we decided to conduct a thorough CryptoWild review to see if it matched the Direx NV name. In this, we focus on games, bonuses, banking, customer service and everything else that provides a satisfying casino experience.

Entering the wilderness
Before you can start playing at CryptoWild Casino, you need to register. So let’s start this CryptoWild overview with a brief registration overview. When you find yourself on their website, look for the “Subscribe” button in the top right corner of the page. Once clicked, you will find yourself on the registration page. You must enter your email address, password, nickname, bonus code and check the box to comply with the CryptoWild Terms of Service.


When you fill in all the blanks and click the register button, the site will send you a confirmation email. You can start the game by clicking on the checkbox for incoming mail. Note that the CryptoWild promo code is available for the welcome bonus. It may be wiser to check the bonus section of the review first before deciding to claim the sign-up offer.

The map is not the area
The first moment you enter the CryptoWild website, you’ll notice a carefully crafted interface. The whole website is fun and playful looking. In terms of functionality, the CryptoWild website works flawlessly. Load times are fast and there were no errors or errors when writing this.

Navigation is simple and intuitive. The layout is similar to other Direx NV casinos such as Bitstarz or other sister casinos. The header contains everything related to your account: the balance display, the Deposit button, and a link to your account. Below you can see links to different sections of the website. In the middle of the page, all the games are in a grid-like formation.

You can set search filters by game type or software provider. If you already know the name of your favorite game, you can use the search bar. At the bottom of the page are links to legal documents and licensing information, which will be covered later in the CryptoWild overview.

Wild fun at CryptoWild
CryptoWild offers a number of games to enjoy. Like online casinos, most of the games can be found in the slots section. In total, there are more than 1,000 slot machines, including 20 slot machines with jackpot prizes. There you can find both classic and licensed franchises. This is followed by the Roulette section with 15 games. Members can enjoy classic American and European roulette as well as three live roulette games.

CryptoWild Review

The card games section is probably the richest, except for slots. At the time of writing the CryptoWild Casino review, there were 31 different card games. Players can choose from a variety of baccarat and blackjack games, including three live games. Then there’s the Poker section, which has 30 different poker games such as Hold’Em, Deuces Wild and Joker Poker.

Finally, there is a Lottery section on the website with 11 bingo and scratch cards. Overall, although relatively young, CryptoWild has an admirable collection of games that can keep you occupied for a long time.

As for software providers, CryptoWild Casino works with all veterans in the industry. If you look at their list of software providers, you can instantly recognize all the well-known names like Ezugi, Booming Games, BetSoft, SoftSwiss, Amatic, Endorphina and many, and many more.

One of the biggest appeals for Bitcoin casinos stems from being able to prove their fairness. In fact, many BTC casinos have sites that deal with algorithms that you can use to test whether their games are fair or not. CryptoWild Casino has a proven fair gambling site that explains what it means and how it works. The BTC gambling website invites you to visit their game developer, Bgaming, which is known to be one of the first developers to include a demonstrable fairness feature in all of their titles.

If you’re a person who loves to play on the go, CryptoWild has made sure to optimize your website for mobile devices. We tested some of their games and overall responsiveness using mobile devices. All games run perfectly and flawlessly, and the screen ratio adjusts to the small screens on the device. Although CryptoWild does not have a mobile app, their mobile version is a great replacement.

Lightning fast banking service
As for salaries, CryptoWild handles them diligently. The website currently accepts Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Tether (USDT) and Dogecoin (DOGE). Loading cash into your account is simple and intuitive. All you have to do is find the deposit button in the top right corner, select your currency and copy the address. The website will redirect you to your wallet where you will need to enter the amount you want. The minimum deposit amount is 0.0001 BTC, while the minimum payout is 0.001 BTC. Depositing at CryptoWild takes no more than sixteen minutes, while withdrawal can take up to five hours.

Lots of useful promotions
The bonus section is probably one of the best things on the CryptoWild website. Although there are only four, they are all equally seductive in their own way.

The first thing you will see when you enter your site is the wonderful welcome offer. Each new member will have the opportunity to request the offer simply by making a deposit. If you apply for the bonus when you deposit, the site will be 150% equal to your first deposit and CryptoWild will give you 150 free spins. However, after a thorough investigation, we learn that you cannot spend your bonus money on baccarat or roulette. Plus, you only have one day to spend your free spins.

CryptoWild Review

Another great bonus you can claim is the Wild Spins bonus every Wednesday. You do not have to log in as all members will be automatically enrolled. The number of free spins depends on your VIP status: non-VIP members receive 20 spins, while Platinum members receive 50 free spins every Wednesday. The only requirement is that you have paid in the last 30 days.

Last but not least, the interesting CryptoWild bonus was the Wild Cashback bonus. No need to apply. All members who paid, raised and lost 0.001 the previous day will receive a cashback bonus.

For the most loyal customers, CryptoWild has a comprehensive VIP leveling system. There are three levels: silver, gold and platinum. In addition to the weekly cash-back bonuses, the VIP system provides some special bonuses that depend on your VIP level.

If you want a little tournament, you can try CryptoWild’s monthly Bets Gone Wild tournament, which has a prize pool of up to 5,000 free spins. There is also a weekly Spinapalooza Tournament with a prize pool of up to 2,000 free spins.

Supported languages, restrictions and licenses
The website is available in four languages: English, German and Russian. In the case of limited countries, players from the United States and its territories, the United Kingdom, Spain, the Netherlands, Israel, Sweden, and France and the surrounding area may not play for real money on CryptoWild.

In terms of licenses and ownership, as mentioned earlier, the CryptoWild BTC gaming site is owned and operated by Direx NV under registration number 131879.

Security and customer service
When it comes to security, CryptoWild obviously takes things very seriously. Your account can only be accessed with your ID and password. If you are still unsure whether your data is secure or not, you can set up two-factor authentication (2FA) as additional protection.

When it comes to customer service, the site has an email form on the Support page and a live chat window. At the time of writing the CryptoWild review, we contacted them with some general questions and responded fairly quickly.

Reload Saturdays with Stefan – Weekly Crypto Gambling Review (Week 50)

There are only 15 days left this year. The holidays just aren’t coming fast enough. It is time for respite and recovery. So before you go out to relax, check out the weekly review and see what’s going on in the crypto world!

Fortunately, it’s far less dramatic than it was last week. This time it’s more about inventions, new casinos and investment strategies. Let’s start with the weekly review!

Contents [show]

Cryptocurrencies have given the online gambling industry a total transformation. Both Ethereum, EOS and Tron blockchain technology have taken online gambling to another level. In fact, the platforms have an outstanding feature. Using each new blockchain reduces transaction speeds, makes gambling dApps safer, and reduces banking costs. Blockchain is the perfect environment for developing top dApps. Decentralized applications are a revolutionary invention because they are so easy to develop with features like AI, AR & VR and smart contacts. DApps developed in blockchain offers a superior experience. That is why crypto is the future of gambling.

The AIGame Foundation is launching the AI ​​Poker platform, a unique AI-powered Poker platform . It is great for both beginners and masters, because creating poker strategies is the main toy idea. The system uses these strategies and tests them in online poker games. Players rate the best strategies, and creators of the best rated strategies get a share of the platform’s revenue. The platform uses AI, blockchain and big data as the main technologies. They seek to use the latest technologies and concepts to achieve a higher level of decentralization. The platform was launched on December 4 in Seoul, South Korea.

Reload Saturdays with Stefan – Weekly Crypto Gambling Review (Week 50)

Whether crypto merchants admit it or not, this is a bad year for crypto. Cryptocurrencies have faced a 70% -80% drop in prices in one year. But the philosophy of crypto trading has more than panicked buying and selling due to fluctuating price drops. When times get tough, experienced traders stay ready. Years of forecasting, analysis and results of the crypto investment strategy for bear markets have been adopted. Strategies are short selling, HODL, continued investment and portfolio diversification. Apply them according to your situation.

The Gambling Commission is currently cleaning up the popular people streaming platform, Twitch . Twitch is home to a large number of streamers, allowing users to stream gaming and other content. Twitch found itself under fire from critics when the Gambling Commission took action against illegal betting offers. The commission found that some streamers were promoting offers from unlicensed casino operations. The Twitch community has not properly addressed this issue because its guidelines strictly protect against showing explicit sex and violence, but not gambling. However, the infamous category “Casino” remains for users of all generations to see and click.

Chain Breakers is a new RPG game based on blockchain. Qwellcode, a German-based company, used Ethereum blockchain and smart contact technology for background programming. However, the game approaches the front-end from Deverseraland’s virtual reality metaverse. “Landowners” from Decentraland receive a share of the income when they allow tasks and events to take place on “their land”. The game’s assets are contained in NFTs and stored in the Ethereum blockchain.

Large funds act completely differently from the average trader when dealing with a bearish crypto market . Although some merchants want to sell crypto and leave the market, large funds are much more interested in buying cheap crypto. Large funds invest based on a projection of valuable assets. They take the property and try to predict its value 5 to 10 years in the future. They buy cheap crypto to store large numbers of coins when prices explode again. The market is stabilizing and they have tremendous market power.

Reload Saturdays with Stefan – Weekly Crypto Gambling Review (Week 50)

It often seems that constant innovation in the crypto world is home to romance for the new century. But sometimes they produce real horror stories. As of July 2018, WEX cryptocurrency exchanges suspended withdrawals. Currently, only cash withdrawals are available on Zcash and at a staggering 75% fee. WEX owner Dmitri Vasiliev and his partners have been running a fraud website for months. Russian news provided a brief description of the NSFW owner. The rabbit hole goes deep enough even to include Russian hackers on the list wanted by the FBI. It’s amazing how the future turns.

Joe Lubin, one of the founders of Ethereum and CEO of ConsenSys, has encountered a lot of doubts and controversy regarding the current state of ConsenSys Ethereum Projects . Critics and analysts are unsure what Lubin is trying to achieve with his company and massive investments in Ethereum projects. Of Ethereum’s estimated 50 applications, only a few have found success and widespread public praise. However, Lubin will continue to invest in new blockchain projects. Certainly, the crypto community likes big words like decentralization. But there is still a long way to go to achieve the usual business application of such concepts and practices.

And that’s all for this weekly review. Indeed, it was a much-needed move away from a crypto world that was always eventful. Follow us for the next review, where we will deal with the fate of the crypto world.

Betflip Review

Let’s start our Betflip review with the basics. The site is fairly new, opened its doors to the public back in September 2019. It is owned and operated by Cybertech BV, and holds a gambling license from the Curaçao government. In addition to thousands of slot games, it also offers a great sports book, live betting, virtual and even esports bets, along with great welcome offers for everyone.

User experience
The user experience while playing on Betflip is uniformly excellent. The dark gray and ocher-dominated user interface looks modern, and Betflip’s crypto casino site responds on a variety of different platforms. This includes excellent optimization for Android and iOS devices.

And registration is a breeze, requiring your email address or Facebook / Google account. After that, you just need to confirm your account and you are ready to get started.

The navigation bar at the top takes you to different sections of the site, while games take center stage and live chat pops up in the lower right corner. Betflip games can be searched by name or vendor, and you can also choose new or popular games, as well as choose from a small selection of provably fair titles.

The website contains a number of promotions, but here we will focus on those based on casinos. The highlight is the welcome offer that covers the first ten deposits and brings you 500 free spins and matching funds up to 10,000 euros.

The first deposit gets 100% matching up to 1000 € / 0.1 BTC and gives you 100 free spins. The following give gradually lower matched deposits (90% to 900 euros, etc.), with the fifth giving 100 free spins and the final Betflip deposit giving only 10% of the matched bonus up to 100 euros, but approving 300 free spins.

To claim a deposit bonus, you will need to deposit at least € 20 / 0.002 BTC or the equivalent in other currencies, and to receive free turnovers you will need to invest even more: at least € 50 / 0.008 BTC. You will also need to address the 45x transfer requirement before you can cash your money.

There are several other notable Betflip promotions, such as the Weekend Reload Bonus and Wednesday Freespins Boom. The first gives you a 100% matching bonus of up to 1,000 euros if you deposit at least 15 euros / 0.002 BTC over the weekend, while the second gives you 50 free spins for 15 euros / 0.002 BTC deposits or 200 free spins for 50 euros / 0.007 BTC every Wednesday.

Game selection
Betflip has more games than you would know what to do. In addition to a number of popular sports, virtual sports, and even eSports that you can bet on, there is also a massive selection of over 2000 Betflip slots and board games.

There are over 40 service providers, including industry legends like Betson and Habaner. You can also play six fair games in the game, as well as baccarat, blackjack, backgammon and poker. And let’s not forget the live dealer games, like roulette, and even dice or scratches.

Security & Safety
Betflip uses industry standard SSL encryption and a firewall to protect your private data. They also comply with industry standards regarding responsible gambling and you can request self-exclusions or time-outs at your discretion.

The website explains its provably fair system in great detail, but is only supported in six of its own games and there is no external audit so we have to take our word for it.

User support
Betflip customer support is available 24/7 via live chat or email. They also have a detailed section with frequently asked questions and lots of useful articles on the site. The support staff is excellent and responds very quickly to email and live chat requests.

Deposits & Withdrawals
As for banking options, Betflip is commendable because it not only has native support for Bitcoin, but also supports many other popular cryptocurrencies like Ether and Dogecoin. You can also make transactions in FIAT currencies such as euros, rubles and US dollars.

There are no minimum or maximum deposit limits, but you want to bet at least € 20 / 0.002 BTC to take advantage of Betflip’s welcome bonus. You can make deposits via bank cards, various e-wallets such as Ripple, Yandex Money, Apple and Google Pay, QIWI and more.

However, withdrawals are a different story. The restrictions there depend on the currency chosen, with euros and US dollars having 5,000 per transaction limit. They are also done only through crypto wallets, so if you want to pick up a fiat currency, you will have to deal with currency conversion. On the plus side, as we mentioned earlier in our Betflip review, the site supports all major cryptocurrencies.

Ethereum Beginner’s Guide (2021)

What is Ethereum?

Ethereum is a leading cryptocurrency that uses blockchain technology to trade values ​​online similar to Bitcoin. The Ethereum blockchain also uses smart contracts to facilitate, verify and conduct negotiations. Proponents of this virtual currency believe that Ethereum will one day enable equal sports betting without power.

Whether that ever happens, this decentralized platform is one of the best cryptocurrencies for gamblers. In this article, we will introduce you to Ethereum – one of the most fascinating projects in the cryptosphere. It is often referred to as “primary altcoin” and aims to build global, decentralized trading and negotiation applications.Contents [show]

What is Altcoin?

Readers might wonder what altcoin is. Alcoin is any digital currency similar to Bitcoin, but which serves as an “alternative to Bitcoin”. It can be created from scratch – using virtual ether digging machines – or it can be created by diverging (or “branching”) the Bitcoin protocol.

Altcoins offer a different approach to crypto transactions than Bitcoin. Many are posed as improvements. Some provide better user privacy, such as Monero and Zcash. Others offer a faster and easier version of Bitcoin, such as Litecoin. Ethereum blockchain differs from all these altcoins because cryptocurrency is a smaller part of what it offers.

Here’s how the Ethereum website is defined:

“Ethereum is a decentralized platform that runs smart contracts: applications that work exactly as they are programmed without any possibility of downtime, censorship, fraud, or third-party interference. These applications run on a custom blockchain, an immensely powerful shared global infrastructure that can move value and represent property ownership. “


History of Ethereum


In late 2008, when Bitcoin paper came out, it immediately garnered quite a few fans. One of these people was a Russian-Canadian miracle in the program.

Vitalik Buterin. Mr. Buterin was fascinated by the implications of blockchain technology. Bitcoin used blockchain technology to launch its transactions. However, Buterin thought he could do much more than that. He put forward certain proposals that would eventually become smart contracts. The development process, however, took years. To do that would require changing a lot of the Bitcoin source code, which the community didn’t like to do.

Eventually Buterin set out on his own and created his own project called “Ethereum”. In 2014, Ethereum’s crowdsale or ICO (initial coin offer) was held. The ICO raised about $ 18 million in 42 days. With such funding, the platform was launched on July 30, 2015.


Bitcoin vs Ethereum


So what are the fundamental differences between the two largest projects (according to market capitalization) in the crypto space? Bitcoin is a pure payment protocol. You can conduct transactions with Bitcoin. You can also trade Bitcoin – many investors buy and hold them as an investment.

You can do the same with Ethereum, but much more. Being a cryptocurrency is a very small part of what Ethereum offers. Ethereum wants to create a global, decentralized supercomputer, which will consist of nodes from around the world.

If the vision is maintained, it will create a platform where developers can hire resources from the system and build their own decentralized program (dApps). DApps ensures that any large corporation cannot misuse all data stored in dApp. At the heart of these dApps is a smart contract.

You need to understand how smart contracts work to gain a full understanding of Ethereum.


What are smart contracts?


Consider what a contract is. Then consider how it works in the traditional sense. A contract is a legally binding document of two parties supervised by a third party (usually a lawyer). A smart contract works in a similar way, except for one or two changes that change the game.

First, a smart contract is self-executing. Second, there is no need for a third party to monitor.

To give you the correct definition:

“A smart contract is a computer protocol intended for digital facilitation, verification or implementation of negotiations or execution of contracts. It allows two parties to communicate directly with each other, without going through a third party. “


Smart contract history


Computer scientist and lawyer Nick Szabo coined the term “smart contract” back in the 1990s in his seminal article “ Smart Contracts: Building Blocks for Digital Markets .” To understand the philosophy behind their work, let’s take the now famous Szabo automaton.

Here’s how you usually communicate with a vending machine:

You select the desired item.
Put the money in the machine.
The machine gives you an object.

Pretty direct, right? However, there are two things you need to notice throughout this interaction:

Each step cannot be performed until the previous step has been performed. For example, you can’t invest money until you choose what you want. Also, the machine cannot give you an item until you invest the money.
Throughout this interaction, you and the machine communicate directly with each other. There is no third party, like a trader, between the two of you.

Smart contracts work the same way. Therefore, the basic principles behind smart contracts are:

The two parties connected by a smart contract can communicate directly with each other.
Each step in a smart contract can only be performed after the previous step has been performed.

Including this simple innovation, the founder of Ethereum created a protocol in which users could communicate directly with dApps without going through a third party. Smart contracts in Ethereum allow the same, even though retailers buy “ether”. Buterin’s method uses a coded language called “strength.” Strength is a random programming language “Turing-Complete”, which means that as long as there are enough resources it should be able to solve any problem.


Ethereum smart contracts


This is why smart contracts need to have a “stop mechanism” that lets them know when to stop working. At Ethereum, smart contracts use a “Termination Fee”. Each line of code in the contract costs “gas”.

In order to execute a smart contract, the user must determine the gas limit before handing it over to Ethereum miners. If the gas limit is not sufficient to cover the contract, it will return to its original condition and the user must pay the miners a gas fee. Gas charges are paid in Ethereum’s parent currency called “Ether”.


What is Ether?


Many people make the mistake of assuming that Ethereum is the name of a cryptocurrency. Ethereum is actually the name of the project, while the local currency is called “Ether”. Ether has several utilities inside and outside the Ethereum ecosystem.

Some of its most important functions are:

Method of payment.
Warehouse of values.
Reward miners for their services.
Stake (in the near future).

Together with Ether, dApps built on the Ethereum platform can issue their own tokens and have their own unique tokenomics. On cryptocurrency exchanges and bitcoin wallets, Ether is referred to as “ETH”.

Like most altcoins, the value of Ether has varied significantly over the years. There are currently 107,545,404 ETHs circulating in the ecosystem. Ether reached a high of $ 1,432.88 on January 13, 2018 (according to coinmarketcap).


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Gambling with Ethereum


Of course, bettors need to ask themselves if you can use ether chips for gambling in online crypto casinos. The answer is yes – for sure. In fact, a certain segment of the gambling community believes that Ethereum is the future of cryptocurrency betting.

Remember how we told you about creating dApps at the top of the Ethereum blockchain? It turns out that many of them are gambling dApps. We will extract some statistics from DappRadar to show you some of the more popular dApps for gambling.

When we rank dApps according to the number of users they have attracted in the last 24 hours, then we can see that “X2BET.WIN” is by far the most popular dApp for gambling with 472 users.

When we rank by the amount of transactions in the last 24 hours:

Dice2.win had a transaction of 350,400 USD in the last 24 hours.

In addition to dApps for gambling, some “traditional” online crypto casinos like Fortunejack, Stake, 1xBit.com, mBit and 7Bit also accept Ether tokens.

Is spending the average bitcoin dollar worth gambling?

Anyone who invests money, whether it is a mutual fund, a stock or a cryptocurrency, will tell you that the investment involves a certain amount of risk and reward. It can be just as much a dice as placing a bet on roulette or with a bitcoin sports booklet.

One of the keys to success in both investing and gambling is managing someone’s cash. There are many strategies and ways to do this. However, one of the most popular risk management methods relates to a concept known as the average cost of the dollar.

Contents [show]

What is the average dollar cost?
The average dollar cost is basically the practice of averaging a potential buyout or desired level of investment over a period of weeks or months, rather than investing the entire lump sum at a time. The goal of practicing average dollar costs is to reduce the effects of volatility in the short run, while still achieving one’s long-term investment goals and investing in a way that ensures the desired amount of market exposure and thus the desired level of risk versus reward.

Gambling on Bitcoin, the risk of protection from the average cost of dollars
PlanB is the username of a Twitter user known as one of the whales / leading Bitcoin investment advisors. PlanB is also known as the individual who created the popular hypothesis about the future price of Bitcoin. Flow inventory determination model. The stock hypothesis says that the reduction in the new supply of Bitcoin over time, accelerated by the event of halving Bitcoin that occurs approximately every four years, will continuously increase the price in the long run.

PlanB notes that anyone who invested in Bitcoin using the sliding system from 2017 to this year would have returns of as much as 70% during that period. Given that the average annual return on a well-diversified stock portfolio or real estate investment is typically around 10%, getting a seven-fold higher return through dollar cost on average on a Bitcoin position is a huge profit.

70% bitcoin gambling
Here’s how the strategy works: An investor buys Bitcoin in 2017 as the price goes up, slowly increasing his investment. As the price peaks at the end of the year, regular incremental investments will continue, but the amounts will decrease as the price falls (which a smart investor would definitely do given how much hoop there was around Bitcoin and the fact that the excitement reached ridiculous high level).

Consistently investing during 2018 while simultaneously reducing the monthly amount (or any payment frequency you choose, and then re-increasing your investment during 2019 would yield a 70% return over three years on your total principal investment.

You would expand your cube over three years and see that your money supply increased significantly.

Can bitcoin gamblers and investors keep averaging the cost of the dollar forward?
As they say in investing and in bitcoin gambling: past history does not necessarily dictate future results. So the big question is, can those thinking about big bitcoin use a dollar average strategy in the future still be successful?

The answer to that question must be a resounding yes. Although Bitcoin is relatively new to the investment and gambling scene compared to other forms of both activities, the concept of average dollar costs has always been a tried and tested, proven and true method of risk management versus reward.

Think logically, is it better to dip your toe in water and slowly enter the water when you realize that sharks are swimming around you? Or is it better to jump in your head first and let the sharks see you alive?

Clearly, a better approach is risk management. In investing and gambling, it’s not just about choosing the winner that matters. He survives long enough to learn and is left with money to continue investing in Bitcoin once you know what you are doing. This is partly why the average dollar cost works so well.

Invest in Bitcoin over time. Manage volatility and reap long-term, instead of keeping short-term focus. That is the key to success.