If you’ve recently gained interest in bitcoins, then you are probably wondering where you could use it to play your desired games. Because Bitcoin has quickly gained popularity within the online community, numerous casinos have decided to adopt it as their currency. In fact, the popularity of Bitcoin goes beyond the online community and stretches far to the offline community as well.
Here’s a list of the most popular online casinos that have managed to gain a positive reputation among the community of players:
Watching your funds grow over a certain period is what online investment platforms promise. Although placing bets on the typical games found in iGaming is absent in this trade, the mere act of entrusting the growth of your funds in a third party is a gamble in itself.
Taking off from the concept of investing dollars or other real money in products or organizations and receiving profits twice, thrice, or even more as what has been guaranteed by the platform, Bitcoin investment gains ground in the cryptocurrency gambling market.
How does Bitcoin investment work?
There is nothing gravely different in Bitcoin investment, except for the type of currency transferred to the third party. It functions the same and yields similar results. However, there are distinct ways Bitcoin can be used as an investment in this regard.
The usual Bitcoin investment platforms require a minimum amount to be transferred in order to begin a contract. This is covered for a specific time frame, and this depends on the platform you have chosen to invest bitcoins in.
Other than the amount and contract duration, the amount by which your investment grows relative to the contract also varies from one website to another. This is the part where most investors give more focus to since the multiplier dictates the growth of their funds over time.
Another means players can receive larger investment yields is through multi-level marketing. As compared to the typical structure of most investment platforms, this kind of website involves more parties, creating a hierarchy from which top-level users earn their profits from.
Multi-level marketing has been around for years, dating back to the 1920s. Numerous organizations and businesses have employed this marketing structure, encouraging more people to invest in the company. While some are poorly structured, which results in improperly distributed earnings of the downline, there are investment platforms that forward equal opportunities for every member to profit and reap the fruits of their investments.
Other than these, players can also invest their bitcoins in certain gambling websites that encourage their players to buy shares. By doing so, they contribute to the total amount of the pot money and receive their revenue shares on a regular basis relative to the amount invested.
The usual gambling websites that employ this setup are the Bitcoin dice platforms, which are one of the popular venues among online gambling enthusiasts.
Is investing bitcoins safe?
Bitcoin investment provides an alternative medium for the player funds to multiply. While the security of such platforms is independent from the Bitcoin gambling industry per se, investors are advised to ensure the safety and reputation of the investment website first. This will not only serve as a precautionary step against Ponzi schemes but this will also guarantee the growth of the Bitcoin funds.