Gamblers - How do you use your signature campaign earnings?

[Natalim]

From the money you earn in some campaigns you can survive the whole week. Also depending on the country where you live.
Yet it is a nice income to earn your money that way, sitting relaxed on your computer.

True, it's depending on which country you live, but the question is, can you ensure you earn weekly income from signature campaign? What if next week the campaign is over and you solely rely on it for your needs? I think that's too risky, you failed to manage the risk, instead of getting a main job, you focus on signature campaign as your main job, and the word survive does not look fun to read IMO.

[Saint-loup]

From the money you earn in some campaigns you can survive the whole week. Also depending on the country where you live.
Yet it is a nice income to earn your money that way, sitting relaxed on your computer.

True, it's depending on which country you live, but the question is, can you ensure you earn weekly income from signature campaign? What if next week the campaign is over and you solely rely on it for your needs? I think that's too risky, you failed to manage the risk, instead of getting a main job, you focus on signature campaign as your main job, and the word survive does not look fun to read IMO.

You're right but don't forget that many jobs in many countries are very precarious too. You can lose your business the next day or the week in many situations.

[ralle14]

The real temptation is if you follow a campaign where the payment is credited to your account, because I myself once participated in a campaign where the payment was credited to the Gambling account. several times I actually had to deposit to play. cannot withdraw campaign payment. not everyone but must have experienced

I'm curious why do you have to deposit several times, I know some casinos only require you to deposit once and clear the rollover before they unlock the withdraw request on your account.

Few years ago I had a similar issue on withdrawing my weekly payment but it's mainly because of the increased minimum limits from the casino. And at that time I was very desperate to get my payment so I requested for a loan just to reach the minimum.

So invested or used as trading capital may be much better.

That's fine since you're using trading as a way to stop you're urge to gamble.

[boyptc]

For my last deposit into my poker account I used fiat currency. So for I will just keep my coins in the wallet and use any access cash I have from my regular salary.

This is what I do when I want to gamble. I won't spend bitcoin and just use fiat that I have and use it to buy the crypto that I want to spend in any game that I play.

It's feeling quite hard to spend bitcoin while the price increases.

[freedomgo]

It's feeling quite hard to spend bitcoin while the price increases.

Then don't gamble your BTC, 

I of course understands that but most of the signature campaigns now are already paying the weekly payment pegged on USD value, so the higher the price of bitcoin, the lower bitcoin you will received, which means it does not really affect you at all since $100 btc is always $100 in btc.

[boyptc]

It's feeling quite hard to spend bitcoin while the price increases.

Then don't gamble your BTC, 

I of course understands that but most of the signature campaigns now are already paying the weekly payment pegged on USD value, so the higher the price of bitcoin, the lower bitcoin you will received, which means it does not really affect you at all since $100 btc is always $100 in btc.

That's what I said that I don't spend btc in gambling and instead using fiat/cash that I have as spare. With that valuation, it's not always $100 in btc because it fluctuates.

It can be higher tomorrow or lower.

[freedomgo]

It's feeling quite hard to spend bitcoin while the price increases.

Then don't gamble your BTC, 

I of course understands that but most of the signature campaigns now are already paying the weekly payment pegged on USD value, so the higher the price of bitcoin, the lower bitcoin you will received, which means it does not really affect you at all since $100 btc is always $100 in btc.

That's what I said that I don't spend btc in gambling and instead using fiat/cash that I have as spare. With that valuation, it's not always $100 in btc because it fluctuates.

It can be higher tomorrow or lower.

Good for you if you will not spend your bitcoin, for me, if I have to take a portion from my earning to gamble, I would not think of the current price because what I earn weekly is fix. What I do is just invest half and gamble half, it does not anymore require me to deposit or spend fiat for gambling, I can gamble and invest at the same time from the amount I earn.

However, there are times that I love to gamble more when bitcoin price is high, because I'll be able to accumulate only a small amount of bitcoin converted to fiat value, but when bitcoin is low, that's the time I limit my gambling, I feel like I'm accumulating cheap bitcoins.

[boyptc]

It's feeling quite hard to spend bitcoin while the price increases.

Then don't gamble your BTC, 

I of course understands that but most of the signature campaigns now are already paying the weekly payment pegged on USD value, so the higher the price of bitcoin, the lower bitcoin you will received, which means it does not really affect you at all since $100 btc is always $100 in btc.

That's what I said that I don't spend btc in gambling and instead using fiat/cash that I have as spare. With that valuation, it's not always $100 in btc because it fluctuates.

It can be higher tomorrow or lower.

Good for you if you will not spend your bitcoin, for me, if I have to take a portion from my earning to gamble, I would not think of the current price because what I earn weekly is fix. What I do is just invest half and gamble half, it does not anymore require me to deposit or spend fiat for gambling, I can gamble and invest at the same time from the amount I earn.

However, there are times that I love to gamble more when bitcoin price is high, because I'll be able to accumulate only a small amount of bitcoin converted to fiat value, but when bitcoin is low, that's the time I limit my gambling, I feel like I'm accumulating cheap bitcoins.

We have different strategies and take with the current market situation. If I got cash value and that's just more spendable than the bitcoin I hold, I'll choose to spend the cash and buy everything that I want to even for deposits.

I also understand that it's easier to gamble when the price is high. And I might do it if I'm done with the strategy that I'm mentioning, it is just that it's different this time and price is truly higher than the past.

[Clark05]

At this moment Im not join in signature campaign brcause Im busy in the past few weeks ago. But in the past few months the bitcoin that I got in the signature campaign as reward I use sometimes in playing gambling to their sites that I promoted and test the efficiency of the sites and also to make a feedback or review to my experience to their sites that need to know the people how good and how bad is the gambling sites that we are promoting. I think most of the participants rewards from the campaign mostly withdraw their funds only few fo them are always use their money but always need to control using their money because gambling is really risky anytime your hardwork will be useless if you are greedy and addict in playing.

[Janation]

Then don't gamble your BTC, 

I of course understands that but most of the signature campaigns now are already paying the weekly payment pegged on USD value, so the higher the price of bitcoin, the lower bitcoin you will received, which means it does not really affect you at all since $100 btc is always $100 in btc.

That's what I said that I don't spend btc in gambling and instead using fiat/cash that I have as spare. With that valuation, it's not always $100 in btc because it fluctuates.

It can be higher tomorrow or lower.

This is the reason why I put funds that I don't use in some of the gambling sites I visit.

I could do some bets if I wanted to and most of the funds that I put are not that much and something that I can actually lose. Although this year, I accidentally bet all of it and I need to save some money because of the pandemic and because my parents needed the money. I can't send some funds to that account for some time the reason why I still can't gamble right now.

[boyptc]

Then don't gamble your BTC, 

I of course understands that but most of the signature campaigns now are already paying the weekly payment pegged on USD value, so the higher the price of bitcoin, the lower bitcoin you will received, which means it does not really affect you at all since $100 btc is always $100 in btc.

That's what I said that I don't spend btc in gambling and instead using fiat/cash that I have as spare. With that valuation, it's not always $100 in btc because it fluctuates.

It can be higher tomorrow or lower.

This is the reason why I put funds that I don't use in some of the gambling sites I visit.

I could do some bets if I wanted to and most of the funds that I put are not that much and something that I can actually lose. Although this year, I accidentally bet all of it and I need to save some money because of the pandemic and because my parents needed the money. I can't send some funds to that account for some time the reason why I still can't gamble right now.

That's very unfortunate if you have accidentally bet all of it. Is there nothing left to you when you've done that mistake?

You can gamble again soon and you'll be able to recover that but just as we say, priorities first.

[pawanjain]

As many of them here even I do all the three. Most of it goes to savings and I exchange some of it to fiat when I am in need of some money.
The rest of it goes to gambling and betting. Also, I use some of it occasionally for purchases through cryptocurrency.
Signature campaign earning have really helped me a lot in the past few years.

[michellee]

As many of them here even I do all the three. Most of it goes to savings and I exchange some of it to fiat when I am in need of some money.
The rest of it goes to gambling and betting. Also, I use some of it occasionally for purchases through cryptocurrency.
Signature campaign earning have really helped me a lot in the past few years.

I feel it too. With the earning, we can convert it into fiat to use it for our lives. It helps us a lot to survive in this pandemic, although that is not too big for us, that really helps to at least, can give us the money. But in these situations, we need to save the earning and not to convert too often if we do not have urgent things that need money because the bitcoin price will increase. And if we can save more satoshi from the payment, we can get more money in the future by converting into fiat.

[FlightyPouch]

Since bitcoins rose above 35,000 USD I am not sure if I should still be taking my signature earnings for gambling. Bitcoins became so valuable over the last few weeks that it might be better to just hold them for now. For my last deposit into my poker account I used fiat currency. So for I will just keep my coins in the wallet and use any access cash I have from my regular salary.

That is the best solution including not betting in the meantime. At first, I thought that a price increase would not affect my bets but as the price rose, I bet more and thought that as the price is still increasing I'll try my luck to earn more but that ends up at my loss. It is not that much but still, it could be an amount I could use to gamble now.

[Janation]

Then don't gamble your BTC, 

I of course understands that but most of the signature campaigns now are already paying the weekly payment pegged on USD value, so the higher the price of bitcoin, the lower bitcoin you will received, which means it does not really affect you at all since $100 btc is always $100 in btc.

That's what I said that I don't spend btc in gambling and instead using fiat/cash that I have as spare. With that valuation, it's not always $100 in btc because it fluctuates.

It can be higher tomorrow or lower.

This is the reason why I put funds that I don't use in some of the gambling sites I visit.

I could do some bets if I wanted to and most of the funds that I put are not that much and something that I can actually lose. Although this year, I accidentally bet all of it and I need to save some money because of the pandemic and because my parents needed the money. I can't send some funds to that account for some time the reason why I still can't gamble right now.

That's very unfortunate if you have accidentally bet all of it. Is there nothing left to you when you've done that mistake?

You can gamble again soon and you'll be able to recover that but just as we say, priorities first.

There is nothing left.

But you don't need to worry about it. It is an amount I could definitely take back in a short period of time, that is how low that amount is. Family is my priority right now especially that they are aging so quickly. Time really passes by so quickly, that is why I am also making some free time so I could talk to them. They also have it rough as they are usually warned about going outside.

[iamsheikhadil]

Since bitcoins rose above 35,000 USD I am not sure if I should still be taking my signature earnings for gambling. Bitcoins became so valuable over the last few weeks that it might be better to just hold them for now. For my last deposit into my poker account I used fiat currency. So for I will just keep my coins in the wallet and use any access cash I have from my regular salary.

That is the best solution including not betting in the meantime. At first, I thought that a price increase would not affect my bets but as the price rose, I bet more and thought that as the price is still increasing I'll try my luck to earn more but that ends up at my loss. It is not that much but still, it could be an amount I could use to gamble now.

A price increase in value of coins shouldn't be a signal that you should gamble more to get more money, remember, even if your luck has nothing to do with the value of the coin you are betting, psychologically you will feel discomfort while playing knowing that you are betting with huge amounts, and that leads to loss of focus and eventually end up losing it all. It's all in the psychology, if I play when the prices are really up, I convert it to fiat or at least in visual I convert it to fiat to know exactly how much I am betting and be focused on that!

[Timelord2067]

$60 in crypto is still $60 at the time it was paid. Unfortunately, if you're like me and want to hold your coins into the future, receiving $60 in crypto when the price is at an all time high will only see the price deminish unless you're prepared to see the price crash and burn, stagnate, flourish and grow and eventually reach this price in a year, two years time when you might have wanted to just hold for the next six months.

[Mauser]

$60 in crypto is still $60 at the time it was paid. Unfortunately, if you're like me and want to hold your coins into the future, receiving $60 in crypto when the price is at an all time high will only see the price deminish unless you're prepared to see the price crash and burn, stagnate, flourish and grow and eventually reach this price in a year, two years time when you might have wanted to just hold for the next six months.

Yeah I fully agree with you here. $60 in bitcoins when the price was around $10,000 was pretty nice to just hold long term. But now since BTC price rallied so hard I am not sure if it is the best idea to keep holding. Once BTC is reaching 40,000 USD I will start using my coins for gambling again. If I manage to double up my coins it's going to be a nice profit. The upside potential is a bit limited after reaching the big mark I think.

[Jemzx00]

$60 in crypto is still $60 at the time it was paid. Unfortunately, if you're like me and want to hold your coins into the future, receiving $60 in crypto when the price is at an all time high will only see the price deminish unless you're prepared to see the price crash and burn, stagnate, flourish and grow and eventually reach this price in a year, two years time when you might have wanted to just hold for the next six months.

Signature campaigns right now are paying on a dollar-based unlike before which was paid on a BTC-based whatever the price of bitcoin was. Even the mighty Chipmixer campaign failed to continue paying their participants on a BTC-based payment and had to go through a $ based payment which is still the highest payment campaign up until now.
For us, who got paid 50-80$ worth of bitcoin, it's better for us to hold unto it until the price has increase but it's sometimes fun to gamble our earnings with what we advertising on our signature space. However, I haven't gamble my earnings for a long time now as for me it's sometimes a hassle depositing and withdrawing funds especially that most gambling sites has a minimum amount required to withdraw on. Also, the fees is a factor as gambling 50-80$ and a fee of 1-10$ is too much for just that amount.

[Serious475]

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.

I also use it for buying books and I already owe about 5 books. I hope that I can make the count of my books higher because reading is really one of my hobby. I also read books when I am trading, gambling and resting on gambling. Sometimes I keep it so that I can have extra when I want to gamble more because if I lose all my money and I'm not satisfied, I am getting sad and cannot get my rhythm when I am trading. When I lose a lot on trading that is when I am starting to read books and that is the reason why I want to buy a lot of books so that I can have something to focus my attention when I lose the hype of my day. Other books can also teach you a lot of things and I am reading psychology book on this time because they say that it can give a good effect for gambling.