Why Use Crypto for Poker?
People who love poker and cryptocurrency understand the kind of patience and persistence it goes into getting value out of one’s investment.
For those who love the thrill of poker and have the skill set required for the game might also like investing in cryptocurrencies, as similar attributes are required in both the cases.
Here are a few reasons and ways of investing in Cryptocurrencies to play poker online, while generating value for yourself.
Invest in pre-ICOs and early stages
Most of the online poker platforms that are backed with cryptocurrencies offer great value and deals to investors during their pre-ICOs.
By the time their ICO or tournaments and other games start, the value of your investment already will have increased. Now, that’s called real winning.
For example, Cryptonia Poker runs on CPC tokens. Its pre-ICO price is 11000 CPC/ETH and ICO price is 7000 CPC/ETH, that is a 55% rise in value after the pre-ICO.
Don’t think it’s too late to invest in Bitcoins or other cryptocurrencies, as since last year, the value of bitcoin has increased 5 folds, and despite temporary set back a few months back, it’s back with a bang and has given much value to the investors. You can also buy-in early in new cryptocurrencies like CPC.
Hold your guns
Being a poker player, you understand the volatility that comes with investing time and money. It’s the same with cryptocurrencies. You have to be patient and smart to reap the benefits. Also, as you play poker, you can simultaneously see the rise in the value of your crypto, as the poker platform. becomes more robust.
Diversify
Don’t put all your eggs in one basket. Invest in Bitcoin and ethereum, but also buy cryptocurrencies like CPC that are backed with real services like poker.
Stay Informed
Always check the performance of your investment over long-term, and follow the development of the company to ensure that your investment is doing well.
With time, as you get better at poker with experience, you will also get better at crypto investments.
The golden rules — Choose wisely, diversify and be patient.
May the odds be with you!
