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Author Topic: What would you do with your winnings?  (Read 29833 times)
crwth (OP)
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March 27, 2017, 08:49:40 AM
 #741

There's a lot of things that I want to purchase for my own good when I will earn a lot of in gambling.

But since the payment will be in bitcoins probably I'll just hold most of them and will wait for the price to get up higher.

And once it's done then I'll sell them for fiat.
It's just not from gambling you can earn from, you can also do it for services that you can do and that's going to help you earn more. When bitcoins price is up, you're going to get more from it, probably.
You can also try to make videos of yourself, like a tutorial video in which people have tried to make. Make your own blog to let them see what they are up to and probably people are going to watch it if it's really interesting. Enjoy with what you do and you won't work for the rest of your life.
That's applicable if you try to go and advertise it in google ads or something. You can become successful there if there are a lot of people following you and watching every video you make.
I know not everyone can do that because we have different skills and interest, using your winning in some kind of business is very impressive, that means you will never gonna lose that money again. However, I think it would not be an easy journey unless you are lucky enough to win in a short period of time that would satisfy you, most likely you will have to lose more money before you can win.

Sometimes because of what people think that they can make a good winning in gambling, they tend to gamble more and most of the time, instead of winning and getting a good result, it will only result to the other way and sometimes it frustrates us.
I agree with you. I know it's not really that possible, but of course, we have heard all the success stories that by betting some amount winning it multiplied by a hundred-fold and that's great right? I think you shouldn't make it too emotional so it could be prevented.

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crwth (OP)
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March 27, 2017, 08:51:58 AM
 #742

There are multiple things I would like to do with my winnings, most notably I would prefer to donate some to the needy one and make their day. Then would like to get myself a exclusive vacation somewhere in the beach under the sun. If I yet have some money left, would love to buy the iPhone always wanted to buy one and if post that also I have extra might well as do a giveaway out here and make people days great again. But not all who play win and that one should understand before they built castles in the air.
That's the thing, and some people would enjoy it on themselves, some going to share it with their family, others businesses, etc. Most of it won't be true until it actually happens. I don't think everyone would share it because they all want it for themselves. I hope you do your best also to help others because it would come back a hundred-fold

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March 27, 2017, 09:31:43 AM
 #743

Im storing them into my bitcoin wallet for the price to increase then sold them all at once earning funds to make a good profit in the end is the best feeling at all and buy the item you want for this year. i always reach my goal setting aim is one of my favorite and not letting them to become my dream.

How come that you are going to make good profits if you are going to sell all your bitcoin at just one shot, maybe you could if you are going not to withdraw at once and wait until its next target hits, I mean only withdraw some of your bitcoin, because you don't need all of it, but if you really need it, then I guess it couldn't help.

But if you are going to follow my advice that you should not withdraw all of your bitcoin at once, trust me, you could earn a lot of profits in the long run than you could ever imagine.
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March 27, 2017, 09:47:14 AM
 #744

There's a lot of things that I want to purchase for my own good when I will earn a lot of in gambling.

But since the payment will be in bitcoins probably I'll just hold most of them and will wait for the price to get up higher.

And once it's done then I'll sell them for fiat.
It's just not from gambling you can earn from, you can also do it for services that you can do and that's going to help you earn more. When bitcoins price is up, you're going to get more from it, probably.
You can also try to make videos of yourself, like a tutorial video in which people have tried to make. Make your own blog to let them see what they are up to and probably people are going to watch it if it's really interesting. Enjoy with what you do and you won't work for the rest of your life.
That's applicable if you try to go and advertise it in google ads or something. You can become successful there if there are a lot of people following you and watching every video you make.

It is not that I'm discouraging you guys on making stuffs like blogs or something that need more subscribers or followers, for you to earn money, it is just, it's hard to poke somebody's attention, especially there is a lot of bloggers out there who are famous, and it would hard for you to compete with them since they already know what they are doing.

What we have to do to earn money is not to do the trends or the same thing that people do to earn money, what we must do is the thing that we like the most, our passion, in order to attract people, and for you to easily do it. Because it would be easy for you to earn money if the one that you are doing is the thing that you like to do.
roadbits
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March 27, 2017, 09:50:47 AM
 #745

Im storing them into my bitcoin wallet for the price to increase then sold them all at once earning funds to make a good profit in the end is the best feeling at all and buy the item you want for this year. i always reach my goal setting aim is one of my favorite and not letting them to become my dream.

How come that you are going to make good profits if you are going to sell all your bitcoin at just one shot, maybe you could if you are going not to withdraw at once and wait until its next target hits, I mean only withdraw some of your bitcoin, because you don't need all of it, but if you really need it, then I guess it couldn't help.

But if you are going to follow my advice that you should not withdraw all of your bitcoin at once, trust me, you could earn a lot of profits in the long run than you could ever imagine.

Those who sold coins at $1200+ they all made a good profit in this year. Yes, see now the price is below 1000$. And we don't know when again it will cross 1200$. Maybe it will take some time to reach this price. So if you hold your coins long term, there is no use. Becasue we are not sure that the price will cross 1500$ in this year end. So now better-selling coins around 1200 to 1300$ is a good profit.
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March 27, 2017, 10:01:14 AM
 #746

Im storing them into my bitcoin wallet for the price to increase then sold them all at once earning funds to make a good profit in the end is the best feeling at all and buy the item you want for this year. i always reach my goal setting aim is one of my favorite and not letting them to become my dream.

How come that you are going to make good profits if you are going to sell all your bitcoin at just one shot, maybe you could if you are going not to withdraw at once and wait until its next target hits, I mean only withdraw some of your bitcoin, because you don't need all of it, but if you really need it, then I guess it couldn't help.

But if you are going to follow my advice that you should not withdraw all of your bitcoin at once, trust me, you could earn a lot of profits in the long run than you could ever imagine.

Those who sold coins at $1200+ they all made a good profit in this year. Yes, see now the price is below 1000$. And we don't know when again it will cross 1200$. Maybe it will take some time to reach this price. So if you hold your coins long term, there is no use. Becasue we are not sure that the price will cross 1500$ in this year end. So now better-selling coins around 1200 to 1300$ is a good profit.

Long term is not the end of this year lol Long term is atleast 5years, you are talking short term.
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March 27, 2017, 10:04:15 AM
 #747

Im storing them into my bitcoin wallet for the price to increase then sold them all at once earning funds to make a good profit in the end is the best feeling at all and buy the item you want for this year. i always reach my goal setting aim is one of my favorite and not letting them to become my dream.

This is what I'm doing for now since I don't need my bitcoin as of now, I don't have something to do for it but to keep on holding it. And when there's a need to sell it, I'll sell it immediately. Also I'm still in the state of planning what are the things that I should use those funds whether for spending them or just keep on saving it.



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cramcram21
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March 27, 2017, 10:21:52 AM
 #748

Well I would save it for some important use in the future or maybe for emergency purpose,
But for real I don't really gamble much I would only do it if I really need some money for something,
Or maybe I am bored and I have some extra money.

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March 27, 2017, 08:57:07 PM
 #749

There's a lot of things that I want to purchase for my own good when I will earn a lot of in gambling.

But since the payment will be in bitcoins probably I'll just hold most of them and will wait for the price to get up higher.

And once it's done then I'll sell them for fiat.
It's just not from gambling you can earn from, you can also do it for services that you can do and that's going to help you earn more. When bitcoins price is up, you're going to get more from it, probably.

I know it but we are talking about "winnings" which is well known coming from gambling or any wagering games.

And I'm actually doing it and I'm holding some of bitcoins which is actually good but if I've got a lot of it.

I will not doubt to use it for buying things that I want.

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March 27, 2017, 10:55:35 PM
 #750

When I get a profit and keep it as bitcoin, there is a very strong desire to use it to gamble again. And it is not very good in my opinion. That's why I chose to always convert my winnings money into fiat. That's the safe way for me.

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March 27, 2017, 11:09:12 PM
 #751

Winning is the fruit of your knowledge in playing a game. When you win you are too happy but it doesn't mean you have everything. Yes you do everything and you buy what you want but its all useless. Try to invest it and reap what you invest.
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March 27, 2017, 11:53:25 PM
 #752

When I get a profit and keep it as bitcoin, there is a very strong desire to use it to gamble again. And it is not very good in my opinion. That's why I chose to always convert my winnings money into fiat. That's the safe way for me.
You got the point it is not a good idea to save it for a long time because there is a time that you can gamble it again.. unless if you have strong control to your self and don't spend your winnings.. your gain and spend it to your self is a good way to feel that you win with your your money than spending it back to gambling casino that can be lose all your profit..

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March 27, 2017, 11:57:03 PM
 #753

If I should win a huge amount, I would use it to complete my Education & also upgrade my skills since these are areas I'm poor at. Gambling doesn't make you rich until you hit a Jackpot Cheesy

Upgrade your income in some way, pay off debts or best of all buy a house and have an investment and means not to having to pay rent.   Thats when you have really made it, when you have something to spend that will in future make you better off without further effort.  Iam not really in favour of burning up cash on a car because unless you had no car at all beforehand then you wont exactly be better off.   Spending hard won earnings feels a bit too much of a luxury as you've spent your stake then right.

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March 29, 2017, 03:26:14 PM
 #754

Im storing them into my bitcoin wallet for the price to increase then sold them all at once earning funds to make a good profit in the end is the best feeling at all and buy the item you want for this year. i always reach my goal setting aim is one of my favorite and not letting them to become my dream.
it was very wise decission but the most important is do not gamble again after your winning because it could ruin your goal but for me it's very difficult to not gamble again although i won big someday but it cannot stop me to gamble and i would use my winning for next days usually

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March 29, 2017, 03:56:14 PM
 #755

Whatever I win in gambling I withdraw that amount and invest that in altcoins as I think its better to secure your profits somewhere from where you can get regular profits and it will also help in growing my bitcoins in long term.
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March 29, 2017, 05:00:30 PM
Last edit: March 29, 2017, 05:29:28 PM by lite
 #756

Whatever I win in gambling I withdraw that amount and invest that in altcoins as I think its better to secure your profits somewhere from where you can get regular profits and it will also help in growing my bitcoins in long term.
Buying alts can yield good profit only if you buy at the right time, i too have bought alts with my profits a few times and results weren't that good. don't get caught in a dump.
 i just don't buy alts anymore, i withdraw my winnings(if i win) and save it in my wallet/spend it!
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March 29, 2017, 06:41:15 PM
 #757

Whatever I win in gambling I withdraw that amount and invest that in altcoins as I think its better to secure your profits somewhere from where you can get regular profits and it will also help in growing my bitcoins in long term.
Buying alts can yield good profit only if you buy at the right time, i too have bought alts with my profits a few times and results weren't that good. don't get caught in a dump.
 i just don't buy alts anymore, i withdraw my winnings(if i win) and save it in my wallet/spend it!

Well its good to spend them instead of loosing as loosing is always painful either in gambling or trading so if you think you are not good in trading then its better not to trade and keep your winnings safe in your wallet and if you are good in gambling then you can use those winnings again.


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March 29, 2017, 06:47:17 PM
 #758

Whatever I win in gambling I withdraw that amount and invest that in altcoins as I think its better to secure your profits somewhere from where you can get regular profits and it will also help in growing my bitcoins in long term.
are you sure can deal with your greedy nature that easy?

i don't think so , no i just doubt people can act so wise after have do gambling. the atmosphere usually force you to act greedy rather than make a good decision like that. it is indeed i can not judge like that but still based on people around me i can not believe the one like you still exist.

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March 29, 2017, 06:48:35 PM
 #759

Whatever I win in gambling I withdraw that amount and invest that in altcoins as I think its better to secure your profits somewhere from where you can get regular profits and it will also help in growing my bitcoins in long term.
Buying alts can yield good profit only if you buy at the right time, i too have bought alts with my profits a few times and results weren't that good. don't get caught in a dump.
 i just don't buy alts anymore, i withdraw my winnings(if i win) and save it in my wallet/spend it!

Well its good to spend them instead of loosing as loosing is always painful either in gambling or trading so if you think you are not good in trading then its better not to trade and keep your winnings safe in your wallet and if you are good in gambling then you can use those winnings again.
But, to withdraw your profits and spend them, you must need self control over yourself and on your gambling activities.

Because mostly gamblers do not prefer to spend their winning for some other things because they do always want to go for gambling again with bigger bet amount with those winning amounts. Gambling is too risky and withdrawing profits time to time will secure ourselves.
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March 29, 2017, 08:05:45 PM
 #760

I've read here a lot about "Gambling doesn't make you rich" So I thought about it, and it does make sense. So what do you feel about gambling then? Just entertainment? I think that's not everybody's mindset.

In the back of my mind, I want to be rich but not because of gambling. But when I gamble, I still always want to win. So when you always win, you become more rich and more risk will be involved. Anyway, if I would earn a winning bet that would have a lot of profit from, I would withdraw the initial bet or the bitcoins I deposited to get it back, then still gamble.

If you would have a winning bet that would give you a lot of profit, what would you do with it?

All gambler in the gambling world are wishing to wanted to win in every game. And none of the player in gambling are not desiring to become rich in this site. Of course all of them are aiming to be like that. And if ever I know that I'm winning I will stop quickly then the my winning amount will goes into savings.
i think those people who says that they play gambling just for fun and enjoyment and they are not playing gambling for making money. i think it is wrong concept, they are just pretending, because i tried myself for so may times to play gambling for free, but never found any fun in gambling, but there is always fun either you are losing or winning in gambling but you will feel fun and thrill. therefore i can say that all the people are playing gambling for making money and not for only fun and enjoyment.
But not all gamblers are having the same thought, you maybe right in some other points. But still, there is a gambler who do played in gambling just for avocation only.
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