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Question: What do you do with your earned crypto?
Gamble it! - 20 (11.1%)
HODL of course. - 43 (23.9%)
Spend it/Convert to USD. - 28 (15.6%)
I do all three! - 89 (49.4%)
Total Voters: 180

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Author Topic: Gamblers - How do you use your signature campaign earnings?  (Read 5505 times)
mu_enrico
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January 05, 2021, 03:49:06 PM
 #21

I used it to gamble (occasionally) and also spent it (most of the time). Money from the signature campaign isn't that big to satisfy a rather serious gambling urge IMO, except you are in the mixer campaign.

You may not believe it but every time I got my weekly payment, I bought at least 1 or 2 books to be added to my mini-library. I started collecting books a few months ago because before that, every time I got the weekly payments I only buy some foods and snacks but now I spent most of it on the books and I have more than 20 books now from my signature earnings.
Nice!

I also spent the money to fund my various "research" with my hobby and self-development. I didn't do HODL since it's boring and I believe I cannot achieve my dream by only holding BTC.

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January 05, 2021, 04:08:37 PM
 #22

You may not believe it but every time I got my weekly payment, I bought at least 1 or 2 books to be added to my mini-library. I started collecting books a few months ago because before that, every time I got the weekly payments I only buy some foods and snacks but now I spent most of it on the books and I have more than 20 books now from my signature earnings.

You're using your funds right and I admire you for that. Signature campaigns aren't forever so we have to be wise. Every time I receive my signature campaign payment, I just use it to buy altcoins and just hold them so I would have holdings and investments in the future. I have tried it in my previous signature campaign earnings and I'm glad that it has grown so far.
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January 05, 2021, 04:59:57 PM
 #23

I do in all the activities listed by the OP cause it will be bad not to support the company that pay the weekly earnings out of their pocket but I am an occasional gambler, gamble mostly to try out my luck and I don't gamble when I don't have the feelings. However, gambling is a game of chance and it shouldn't be seen as a way to make money.
I believe this is what every gambling site signature campaign participant does at some point.

Edit: the vote proof me right

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January 05, 2021, 05:14:16 PM
 #24

It is possible that they choose the three, I am the type of person who is needed in these funds if they gamble, do charity and also give goods and hold back the btc maybe because that's what they want, but on average everyone will run gambling again but some can control it, not all to use gambling there must be other needs.

In advertising, signatures are very helpful, they can get income from anywhere they want after receiving payment, but still for me, running gambling again is a pleasure that can not be forgotten.

The weekends are always spent gambling.

R


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January 05, 2021, 05:21:41 PM
 #25

I mostly gamble this funds because Thats one literal way of Sustaining my Gambling activities by using my other income aside from my Actual real work.

So by this i don't need to take percent from my Monthly Payroll.

not Like in the past that i have to Use my hard earned money just to play for some online casinos in which i find not practical .

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January 05, 2021, 05:40:00 PM
 #26


Gamble it most of the time but when I see an altcoin that is worth investing I buy it for the altcoin.  What I do most of the money I earn from crypto-related jobs are also poured into crypto stuff like bitcoin casino and altcoin investing. I manage to gather around 40k tokens of an altcoin because winning some BTC on dice is invested in a project that I find solid.

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January 05, 2021, 05:59:29 PM
 #27

Depend on my Financial demand ,I usually Use this to gamble since i Love my Companies Gambling site so i rather use it there than in anywhere else.

But if my Budget is tight then this earnings goes to my Financial expenses such as either add in groceries ,or paying some Bills.

This is not that big so adjustment is what i do to maintain my things.

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January 05, 2021, 06:33:03 PM
 #28

I see a lot of signature wearers discussing gambling quite frequently in this section of the board. I’m curious, what do you do with your signature campaign earnings? Do you support your advertiser and gamble it on their platform, save it, or spend it? I assume most people probably gamble it, and that’s why signature campaigns are able to be so generous, but maybe some users are taking advantage of the funds to help support themselves or even give back to charities or organizations they enjoy. If you have a good use for your earned signature campaign earnings, share it here, or even if you have a not so good use. Smiley

At the current poll, I am one of the three person's who just HODL and convert it into USD/Cash. Its currently one of the safest way for me to earn more money within this industry. I mean, yes having to gamble it can create more profit but I am just not the type who would risk it to gain more but have the risk of losing in return. Its still good for me to just earn slowly and good money. I also have the opportunity to tell others on how to earn Cryptocurrencies so I guess that is my way of how they can do well within this industry.

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January 05, 2021, 06:40:31 PM
 #29

I personally use half of my earnings with signatures to top up my mobile phone and for amazon vouchers, the other half i transform into bitcoin to stake / lend on gambling sites i only make free spins, but i rarely make a few small sport bets i think safe
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January 05, 2021, 06:47:58 PM
 #30

I voted for all three.... because money is money and I can spend it any way I wanted to..

We should not see Signature campaign money any different than any other type of money, because it is just another way to earn an income for something you love. (Talking about Bitcoin and Crypto currencies)

I recently sold some of the bitcoins I earned, when I was still part of the Chipmixer Signature campaign and it gave me a huge boost. The small amount of bitcoins you earn now, might be worth a LOT of money in the future... so my tip to you is this.... hoard it.  Wink

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January 05, 2021, 07:28:39 PM
 #31

I just voted for all three options in the pool. My current campaign (stake) pays the rewards directly to my gambling account which is actually why I like it. This way, I can use it to place bets on their sportsbook for both soccer and NBA matches. I also transfer some of my earnings from time to rime to my trading account in order to increase my trading capital since trading requires a tangible amount of funds in order to make reasonable profits. I mean, you can't make good trades with $5 - $20 kinda funds. I hope you get my point.

Finally, whenever I do need anything, school expenses or any other necessity, I do convert it to fiat and use.

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January 05, 2021, 07:30:30 PM
 #32

@ognasty , nice to see you wearing a paid signature  . welcome aboard , your one of us now   Cheesy

If you can’t beat em, join em. I’ve worn a paid signature at times during the past. It’s nice to drum up a little extra crypto when you have the opportunity. With all the excitement going on as a result of hitting new all time highs, it’s easy to get caught up in the crypto fever going around.

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January 05, 2021, 07:33:16 PM
 #33

I just voted for all three options in the pool. My current campaign (stake) pays the rewards directly to my gambling account which is actually why I like it. This way, I can use it to place bets on their sportsbook for both soccer and NBA matches. I also transfer some of my earnings from time to rime to my trading account in order to increase my trading capital since trading requires a tangible amount of funds in order to make reasonable profits. I mean, you can't make good trades with $5 - $20 kinda funds. I hope you get my point.

Finally, whenever I do need anything, school expenses or any other necessity, I do convert it to fiat and use.

It's smart of Stake to pay out to the gambling accounts. In that case most players will play with that money and they get a big part back.

With the current bitcoin price the minimum wd amounts are getting bigger every week so I guess not all players get paid the minimum wd amount so they have to wager or just wait for another week.




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Rainbot
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January 05, 2021, 07:59:02 PM
 #34

I've long since imposed the rule of keeping around 50% long-term and investing the other 50% for regular expenses. I've done quite well with this procedure so far. Now that the price has risen like this, I am considering putting 60-70% of the intake on the side. But this now depends on whether the Bitcoin price can stay at this level in the long term or whether it will decline again (what I expect).
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January 05, 2021, 09:07:36 PM
 #35

~Snipped

It's smart of Stake to pay out to the gambling accounts. In that case most players will play with that money and they get a big part back.

With the current bitcoin price the minimum wd amounts are getting bigger every week so I guess not all players get paid the minimum wd amount so they have to wager or just wait for another week.



Yeah, I kinda like the idea that my bankroll increases weekly but I don't think its safe to assume that other participants gambles with their lot or even win "big" on those bets. I just like the fact that I can increase my funds using bet odds whenever I want since all funds are added to my stake account. Gambling with these funds has one downside for me though, as a trader, I can't hedge my funds back to a stablecoin (preferably USDT) if Bitcoin's price takes a dive or corrects.

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January 05, 2021, 09:57:29 PM
 #36

I see a lot of signature wearers discussing gambling quite frequently in this section of the board. I’m curious, what do you do with your signature campaign earnings? Do you support your advertiser and gamble it on their platform, save it, or spend it? I assume most people probably gamble it, and that’s why signature campaigns are able to be so generous, but maybe some users are taking advantage of the funds to help support themselves or even give back to charities or organizations they enjoy. If you have a good use for your earned signature campaign earnings, share it here, or even if you have a not so good use. Smiley

I'm doing all of the three on your poll I use it to gamble, HODL it, and convert it to USD and it seems the majority of the participants here are doing the same thing, you need to allocate a portion of your earnings to test out and become part of the community of gamblers, you cannot discuss anything about Cryptocurrency if you are not playing or testing any of the gambling sites here, I am spending a portion of my earnings from betting and of course HODLING especially now that the market is on a bullish trend.

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January 05, 2021, 10:06:08 PM
 #37

In early days this was helping me in gambling but in last one year its only way for my earning because of this Covid-19 so its helping me and my family for survive in some better way because living without any job with family is not easy but I am really feeling happy with this as its helps me in very difficult time and still its much reasonable for me because in near future we have nothing positive for jobs or any better news even few peoples feeling vaccine is going to help but I am not sure about this all.
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January 05, 2021, 10:20:21 PM
 #38

I see a lot of signature wearers discussing gambling quite frequently in this section of the board. I’m curious, what do you do with your signature campaign earnings? Do you support your advertiser and gamble it on their platform, save it, or spend it? I assume most people probably gamble it, and that’s why signature campaigns are able to be so generous, but maybe some users are taking advantage of the funds to help support themselves or even give back to charities or organizations they enjoy. If you have a good use for your earned signature campaign earnings, share it here, or even if you have a not so good use. Smiley

I answered i do all three in the poll. This is on how i do spent up my signature campaign earnings.Some would be saved and some will be played out to gambling and some will be converted to USD or local
fiat if im on need.It varies on each situation because its really hard not to get some of your campaign earnings for buying up your needs. This might be peanut amount for some people but for majority
this is already a good one for you to save up and even converted to your local fiat considering that USD value is really high in most countries.So it is worth not to risk it out all in gambling.
You would really be wasting off your money rather than on spending into something important but well its your money and no one will be stopping you on what you gonna do.

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January 05, 2021, 11:15:54 PM
 #39

To be honest I have a financial crisis and I also come from a poor country, so it's very natural that I use the income I get from the signature
campaign to buy some daily necessities. But I also provide support to the platforms I am promoting, by recommending some of my friends
in social media and in the real world to play gambling on the platforms that I am promoting.


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January 05, 2021, 11:16:41 PM
 #40

If the payout will be sent out to the site's account, then it's more likely that my payout will be used playing on that said site. There will be no hassle of depositing which is more convenient.

Still, it depends on the situation or if I feel doing gambling.

In general, I do all three options on the poll.
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