Week 38- Another week another post. Still just dipping my toes so to speak back into gambling a bit here and there.
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:
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...
BFG - 17398 to 17432 - Gain of 34 - A bit of gambling, some referral rewards and the free boxes - every little bit adds up which I guess is the theme for the week.
Since we're still in a bit of a crypto winter I guess the rewards took a bit of a plunge back down from USD0.63 to USD 0.53 over the week. Still very dollar counts and my balance (if I dont gamble them away) will keep building up. I was converting at about USD5 but looking at USD10 as being a bit better due to the fees. Might change my mind, haven't decided yet.
What I'm doing:
Still gambling a bit here and there, trying to earn just a few more satoshi or whatever the currency is that feels safe to work with.
The wait for a losing streak then bump the bet up process described last time still works but since it's gambling is still risky. The bigger the balance you start off with of course the safer it gets...
Another strategy I have been using (with my BNB balance) has been just to let it run with a risky no stop loss on an 8% chance, 9% raise on loss basis.
In short start with a minimum bet and with 0.01BNB to work with it seems to be reasonably safe. I generally put a stop on profit at 0.00020000 so it doesn't run too long. With a big enough balance at the start I've survived some pretty long losing streaks and haven't gone bust yet. I suppose you always have to realise thought that eventually on a long enough horizon the house will eventually win, its just trying to build up enough in between times to live with it!
Other Considerations & Summary
Shame the dividends have drifted back down but they are still not too bad. If I can get more success gambling then maybe i can start rolling these balances into BFG a bit faster.. will have to see how it goes.
I will be away a while so not sure if I'll be keeping up the weekly post or the gambling but I'll definitely try to keep pushing things ahead whenever I can.
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:
Faucets and Mining
Good luck and as always, do your own research!
Have fun, and gamble responsibly if you're into Betfury!