Week 37 - Another week another post. Done a bit more gambling.. definitely a bit too risk averse, had some success but definitely got nervous!
First things first - Feel free to just go to their website directly but if BetFury sounds interesting to you I'd be very happy if you joined up with my referral link:
https://betfury.io/?r=6067f01e4ffcd4435b75588b
To keep it simple, I'm trying to build my BetFury account to 100,000 BFG tokens with only what I've started off with and running the various programmes I've listed at the end. No banking fiat currency just using what I'm earning online from my journeys in the world of Crypto.
Keeping thing simple these days - a brief note on metrics and a what I'm doing...
The metrics
BFG - 16,846 to 17398 - Gain of 552 - but for the most part due to converting $10.5 of USDT to BFG from the staking rewards (i.e USDT10 plus the withdrawal fee).
With the added BFG and an uptick in crypto prices the dividend is back up to USD0.63 per day and has held over USD0.6 for the past few days so that is looking up.
What I'm doing:
Still just gambling a little but mostly just hoarding staking rewards and will convert at around USD10.00 each time to minimise fees. It may take a bit longer but each conversion will add up.
From a gambling perspective a reader Johnes did ask what strategy I use. (Sorry for not getting back to him earlier!).
Basically my "go to" strategy is as follows:
Using a currency with about 500,000+units to play with.
1 - Dice, 22% chance to win, minimum bet, stop loss and profits at 0.00000080. Run till it stops and if its a winner repeat if its a loss go to step 2.
2 - If step one lost the bet is at around 0.00000020 - 0.0000004 and there has been a 10-12 loss streak. I double up the bet two or three times and run with the same as step one but no stop loss. Risky but it usually wins unless you have really really really bad luck.
It does work, can be lucrative but is risky - I know that to a certain extent it relies on that old gamblers fallacy around probability but it generally works - give it a go and let me know what you think.
Other Considerations & Summary
Glad that dividends are drifting up - will be happier if they get back to around USD1.00 a day.
Feel free to let me know your thoughts on all of this and if you have any tips I'll definitely look into them - and if you're interested in any of the sites I've been using, links are below:
Rollercoin - free 1000 satoshi on signup
Betfury - cryptocurrency casino with free staking rewards
Splinterlands - Play2Earn card game
Risingstargame - Free play2Earn idle game
Faucets and Mining
Cryptotab - Earn BTC while you browse
Cointiply - easy tasks, free crypto
FaucetCrypto - easy tasks, free crypto
Larvelfaucet - Login, click, free crypto for you
Exchanges
Biswap - crypto exchange
Good luck and as always, do your own research!
Have fun, and gamble responsibly if you're into Betfury!
