Bitcoin is one of the most-popular ways to enjoy online slots. Unfortunately, Bitcoin slots bankroll fluctuations can give you some headaches.
This cryptocurrency is extremely volatile and prone to wild swings. You definitely want to be prepared for these swings when playing with BTC.
That said, I’m going to cover more on the subject and how you can protect your Bitcoin slots bankroll.
Make Quick Moves with Your Bitcoin
Quick transactions can ensure that you aren’t constantly getting hammered by Bitcoin fluctuations.
Specifically, you want to quickly move BTC from your exchange to a casino account. Likewise, you should be ready to play when your bankroll is available.
This scenario differs from the average player. They may leave their Bitcoin sit on an exchange account or even at their favorite online casino.
The problem with leaving Bitcoin sit is that there’s more time for it to experience volatility. You could see your bankroll decrease in value by 10 percent or more in a single day.
The best way to counteract this situation is by making the quickest transactions possible. When you’re done playing, quickly transfer your BTC back to an exchange and cash out.
Sometimes Volatility Benefits Your Bitcoin Slots Bankroll
Volatility seems like the enemy regarding your Bitcoin slots funds. However, it can also benefit you in some circumstances.
BTC has been on an upward trajectory ever since being launched in 2010. Once worth a penny, it’s now valued at almost $9,000 at the current date.
Of course, you can never tell which direction Bitcoin is going in the short term. But based on previous history, you can expect it to keep going up in value over time.
I’m not saying that you should blindly trust your bankroll to increase in value. Odds are, though, that the average fluctuations will benefit you instead of devaluing your BTC.