Hello,
We have seen a surge in crypto gambling websites that are made possible just by a regular website or by integrating it with DeFi and Smart-Contracts.
Is it a Good idea or a Bad idea using it?
Well this depends how you feel about your crypto but the risks are high, gambling can be addictive and can lead to you losing a lot of your stack.
Let me tell you a story that happened to a friend of mine. In the deep of the bear market my friend had a lot of satoshis but he thought that they aren't really worth a lot, so he decided to gamble to see if he could make a bigger amount. He lost all his satoshis gambling. The amount of satoshis he lost back in the day, today are worth over 200$. If he just held through the bear market now he would be with great profit and a lot happier.
I learned from this that the crypto you gamble today can be worth a lot more in the future and you will be sad to not holding them. You can be lucky and win a lot more but this is how addiction starts so be carefull and if you gamble, gamble smart and set an amount to stop.
Gambling is tricky and emotions get in play very quickly so I don't advise anyone to do it, you probably will be better just holding your crypto.
Best Regards,
Cryptopeach
