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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)
dappcasino
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January 08, 2021, 09:54:56 AM
 #121

any proper BTC casinos where I can stake and get dividends?  Huh

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January 08, 2021, 09:57:59 AM
 #122

Yups Many people here using the funds for their daily living as we Knew many comes from 3rd world countries like me , that One of the profit area is this forum .

Just curious. Can you afford your living with the signature campaign payments? Or is it enough to buy your food?



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Rainbot
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January 08, 2021, 11:17:27 AM
 #123

I am a proponent of the combined option of spending the money earned in this way.
Of course, I use most of my earnings as bets. Roll Eyes But after certain situations in my life I made a decision to always leave a small part for later, so sometimes I withdraw part of the money and save.
Although I admit that I often keep them in my stash for a little while... Grin

As much as i wanted too to keep my profit from signature campaign as my investment and savings but then i bet i deserve to try the site that i have been endorse all through my campaign. But in my own analysis of my earned profit i did divide it wisely as i can and having a high percentage to be placed on my savings and family needs. And even a small portion of my earning i alloted it to place my bet in my favorite esports.
Yes, I think both you and I have every moral and ethical right to dispose of these funds as we please!
After all, I'm an adult and I make my own decisions, so why shouldn't I bet if that's what I want? Especially since I earned the funds for this by honest work!



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January 08, 2021, 11:58:23 AM
 #124

I used to gamble some of my earnings but not anymore, they go into savings mode now. I am already supporting the companies which I advertise via my presence here and for this reason, I prefer not to bet the money I earn.
Sometimes, I may try my luck but my wagering skills are long gone.
When you say savings, meaning you convert it in fiat? Because there is a big difference if you are saving your bitcoin, that pretty much means investment to me due to its value fluctuation. Well, as for me, I have to choose everything in the poll as I benefited from it for my expenses, save a little in fiat of course and gamble a bit.
If you save, you will certainly change it to fiat, if you invest, you will definitely be in bitcoin and it is still risky fluctuation.
But in my opinion it is much better because what you are betting on is no more skill and does not force it with the income from gambling, to be honest I want it to be like but in fact it's difficult to gamble is always on my mind and I want to continue to win even though I often lose.

It is much better to play on the weekends as it is a lot of leisure time and it can make gambling more comfortable and less hasty for long periods of time.

R


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January 08, 2021, 11:58:57 AM
 #125

I hodl the 70% of my earnings then I convert the remaining amount to fiat then gamble that here in our neighborhood so that my capital will last enough until the next campaign payment.
With the current value of bitcoin, 1usd now is more or less 2400 satoshis. That amount is easy to waste in dice sites, I even remember back in the days that my minimum bet was 10k sats. That's already enough to buy some food if you will compare it now.
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January 08, 2021, 12:13:34 PM
 #126

Before, I often use the portion of my earnings to gamble. This is to have fun and enjoy my income and to support the campaign where I am in. But after pandemic hits us I realized how hard life is if you dont have savings and money to spend. Thus I learned to become wiser, I dont spend my money in not necessary things and making sure that I hold some portion of my weekly earnings.

However I still do gamble but with moderation and only with small amount during my free time since I also have a real job.

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January 08, 2021, 12:27:04 PM
 #127

With the sharp incline in the underlying price of Bitcoin over the last few short weeks, I'm having something of a rethink on where and what I'm putting my funds to.

For few few weeks I might just let the payout figure build up, then workout where I'll HODL it.

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January 08, 2021, 01:39:51 PM
 #128

With the sharp incline in the underlying price of Bitcoin over the last few short weeks, I'm having something of a rethink on where and what I'm putting my funds to.

For few few weeks I might just let the payout figure build up, then workout where I'll HODL it.

Same here.

I might just hold my first and second salary that I'm about to receive in my campaign, then convert it to fiat for profits (since our earnings will be based on Dollars worth of Bitcoin), buy back when the price decreases, and then convert again when price increases. My other plan is to invest it in USDT and do day trading again for more profits while the market is a bit shake(y).
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January 08, 2021, 02:44:47 PM
 #129

Most of times I have just hodl bitcoin received from signature campaigns.
If you like betting stake.com offers a lot of interesting opportunities (including a sportsbook with live games) so it's not a bad Idea using a part of these earnings just to play some games.

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January 08, 2021, 03:39:50 PM
 #130

Do you support your advertiser and gamble it on their platform
I tried the games on the gambling site advertise after a week or two of being accepted on the signature campaign but it's just that I find poker more interesting than the games they currently have but I do say to other members that are looking for a new gambling site to try the gambling site I advertise they might find the gambling game on the gambling more enjoyable than I did.

save it, or spend it?
both, I have a fixed amount of money I gamble monthly and part of the earning I get from the signature campaign goes to that and the rest are being HODL.

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.
-snip
I've seen members give a week of their payment to a charity in this forum and I commend them for that.

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January 08, 2021, 03:43:09 PM
 #131

I am avoiding gambling my earnings so I am just doing two; HODLing them and also converting some to fiat since, in these situations, my family needed funds to support our daily needs. Also because the price is so great right now, I want to save and maybe sell some percentage of it to be used to maybe fix our house because of the storms that struck out province.

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January 08, 2021, 03:56:25 PM
 #132

Many things I do with my income, use my income to learn many things such as starting to learn to trade, playing gambling as well, and most often spend it on buying food. Because I can't hold my appetite. By eating a lot, it makes it easier for my brain to work so I can understand many things. Eat a lot and make a lot of money. Very simple
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January 08, 2021, 05:04:57 PM
 #133

I am avoiding gambling my earnings so I am just doing two; HODLing them and also converting some to fiat since, in these situations, my family needed funds to support our daily needs. Also because the price is so great right now, I want to save and maybe sell some percentage of it to be used to maybe fix our house because of the storms that struck out province.

This is surely one of the safest way to earn money and I also hope for you to stay safe. It surely is sad to see someone being affected greatly by natural calamities. I'm also hoping for you to earn more within your own signature campaign since you really need it. You could also try looking for alternative ways to invest your earnings so that you could earn more? Its just a suggestion but you could look for a safe way of investments.

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January 08, 2021, 06:40:54 PM
 #134

Many things I do with my income, use my income to learn many things such as starting to learn to trade, playing gambling as well, and most often spend it on buying food. Because I can't hold my appetite. By eating a lot, it makes it easier for my brain to work so I can understand many things. Eat a lot and make a lot of money. Very simple
Same goes for me on where food is life and i cant resist on not to spend up those satoshis or to be converted into fiat due to for that reason.
There are various of ways i can really spend it off but most of the time it would really be used for buying food and the rest would be saved
nor would be played again with gambling.It depends on my mood because it isnt really similar on day to day basis.Its up to someone
on how theyll gonna use their money even signature campaign earnings arent really that big then theres nothing much you can do actually.

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January 08, 2021, 07:29:56 PM
 #135

I forgot something in my last post.  Shocked
I was also already in the strip club with the money:




 Cheesy Grin

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January 08, 2021, 09:28:02 PM
 #136

Just like the majority of the poll, I as well did all three. But for some reason I temporarily stopped betting, specially now that we're in a financial and health crisis. Instead, I'm holding and converting some to support my needs and wants.

Looking back, I usually bet my spare sats before that comes from the signature campaign earning. I wasn't so lucky with gambling and so I only gamble with small amount of sats. It would a real pain in the a** when you lose a huge chunk and that I consider a waste of sats lol.
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January 08, 2021, 09:42:54 PM
Merited by SiNeReiNZzz (1)
 #137

I forgot something in my last post.  Shocked
I was also already in the strip club with the money:




 Cheesy Grin

Now there's a use I can get behind. Wink Thanks for the laugh.  Gotta love a joke with a gif.

Seriously though, I've heard there are strippers with QR codes that accept BTC donations.  It would be great to know that some signature campaign money has found it's way back into the Bitcoin economy through these methods.  I approve.

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January 08, 2021, 09:52:54 PM
 #138

I guess majority of us here have the same mindset

Quote
Gamble it!    - 9 (13.6%)
HODL of course.    - 11 (16.7%)
Spend it/Convert to USD.    - 11 (16.7%)
I do all three!    - 35 (53%)
   
Total Voters: 66

I used to gamble all my earnings but after the bull run happens I have to HODL it or convert some of it to USD I always HODL Bitcoin everytime there is a big pump, now I'm choosing I do all the three.
After the bull run? LOL after it's too late  Cheesy You have to hodl BEFORE the bull run instead.

Personally I save and stake a part on Freebitcoin, there is a very interesting rate of 4.08% APY in BTC with interests paid daily... and I gamble another part on its exclusive parimutuel sportsbook. Cool  Cheesy

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January 08, 2021, 11:10:01 PM
 #139

I forgot something in my last post.  Shocked
I was also already in the strip club with the money:




 Cheesy Grin

Now there's a use I can get behind. Wink Thanks for the laugh.  Gotta love a joke with a gif.

Seriously though, I've heard there are strippers with QR codes that accept BTC donations.  It would be great to know that some signature campaign money has found it's way back into the Bitcoin economy through these methods.  I approve.

 Grin Grin I remember this news too! I think the name of the strip club was "Legends Room", the club even had a bitcoin ATM that allowed visitors to top up their wallets!

Here's a link to this news story https://news.bitcoin.com/las-vegas-strippers-accept-bitcoin-via-qr-tattoos/

And then they released their altcoin...   Embarrassed


P.S. sorry for the quality of the picture



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January 08, 2021, 11:32:59 PM
 #140

I remember this news too! I think the name of the strip club was "Legends Room", the club even had a bitcoin ATM that allowed visitors to top up their wallets!

Here's a link to this news story https://news.bitcoin.com/las-vegas-strippers-accept-bitcoin-via-qr-tattoos/

And then they released their altcoin...   Embarrassed


P.S. sorry for the quality of the picture

I couldn't find Legends Room on either Coin Market Cap or Block Folio, however, I was able to find it at Coin Gecko https://www.coingecko.com/en/coins/legends-room so I'll *definitely* be adding that altcoin to my list of items I spend my SigCamp funds on.

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