Gamblers - How do you use your signature campaign earnings?

[imstillthebest]

I changed my habits over time : back in the days I used to stack them in my wallet then started gamble them all the way, with little success as many of us, and lately am just gambling them if there is some nice promo around or I stack them until I find one I like.

stacking coins and gamble once they are big already is more fun than gambling imediately with tiny coins because you can game over quickly and you will have a less chance to get the jackpot that you wanted .
if your in a hunt for nice promos you need to watch new openings in the gambling section of our verry own bitcointalk because newly open gambling sites will offer nice promos to draw attention but there are also nice promotion for older casinos

[cabron]

~ Being a good manager is the key for sucess in financial life, having fun, but not neglecting the responsabilities at same time. And it's totally achievable even through signature campaign earnings, depending where you live.

Yeah, for some people, especially for young people, managing their sig campaign earnings can be a good practice for managing their finances in the future: one part you invest(in our case you just hold a part of your earned BTC), another part you spend on necessities, and another part you spend on entertainment.

I always dream to know more about wise spending and proper managing of my earned profit here in signature campaign which i am dreaming also to save and alot even a quarter portion of my earning to stake or to gamble. Of course i always set on top of my priority to save for my future needs but then not that as much because i'd also have needs to meet, and not also mine but on our family. For now i am saving for future gambling of mine, which i suppose need a proper allotment.

Having fixed portions of our signature money for saving / gambling / investing and spending is a good idea in my opinion. Most of us here are definitely gambling with our earnings, which is a good thing, because like that we can earn even more coins. The problem with crypto coins compared to stocks is that they don't earn any divided just by holding them. So if we want to earn in the meantime, we could lend our coins to someone else or need to do some gambling.

This is if you win the bets when you gamble which doesn't happen very often to casino players here. The hope is there to try earning but its just not making them money. The list of bets I see on games I think are not mostly for the signature campaigners, some are just betting huge amounts like $50 dice roll. Those are lucky guys out there that probably won their first 10 bets. You are more than lucky to have been earning dividends while gambling.

[passwordnow]

stacking coins and gamble once they are big already is more fun than gambling imediately with tiny coins because you can game over quickly and you will have a less chance to get the jackpot that you wanted .

We all have the same chances when we gamble, whether you stack on a purpose or gamble it right away. And that's what he have found with the purpose, he stacks and then use it to gamble.

if your in a hunt for nice promos you need to watch new openings in the gambling section of our verry own bitcointalk because newly open gambling sites will offer nice promos to draw attention but there are also nice promotion for older casinos

I wouldn't do this. Why choose the newly launched casinos just for the sake of promos if there are reputed casinos that have existing promos? I won't trust a new casino quickly.

[ShowOff]

stacking coins and gamble once they are big already is more fun than gambling imediately with tiny coins because you can game over quickly and you will have a less chance to get the jackpot that you wanted.

There is a greater expectation of winning big bet when we have a lot of capital. Of course the goal of most gambler is to win large sums of money, but this quite often lead them to ignore the risk involved. Just because they expect too much, they forget about healthy play.

I've spent so much of the money I've made from signature campaign just to gamble, I have to admit that this hasn't stopped me from hoping that one day I'll be able to make up for my losses so far. I'm not chasing big profit, but I just want to win something normal without any pressure to do it.

[KTChampions]

Having fixed portions of our signature money for saving / gambling / investing and spending is a good idea in my opinion. Most of us here are definitely gambling with our earnings, which is a good thing, because like that we can earn even more coins. The problem with crypto coins compared to stocks is that they don't earn any divided just by holding them. So if we want to earn in the meantime, we could lend our coins to someone else or need to do some gambling.

Gambling does not provide any profit 
The only way is to invest in operating casinos (there are several threads on the forum dedicated to this) and this is a rather risky way - you are not even guaranteed to keep your initial funds. And another way is landing services, as far as I know, the profit is more predictable there, but the risks will be very high if a sharp market dump occurs.

[kawetsriyanto]

To be honest, although this is a signature campaign, I never use it for gambling again, Investing in the earning is sometimes becomes the best way that I do, Moreover during this market period where the price up to and down is very clear seen. gambling for me using the earning of my signature campaign is not one of my choices.
If other people use it for striking, it will be wow enough and I am not good at this

[l3pox]

~ Being a good manager is the key for sucess in financial life, having fun, but not neglecting the responsabilities at same time. And it's totally achievable even through signature campaign earnings, depending where you live.

Yeah, for some people, especially for young people, managing their sig campaign earnings can be a good practice for managing their finances in the future: one part you invest(in our case you just hold a part of your earned BTC), another part you spend on necessities, and another part you spend on entertainment.

I always dream to know more about wise spending and proper managing of my earned profit here in signature campaign which i am dreaming also to save and alot even a quarter portion of my earning to stake or to gamble. Of course i always set on top of my priority to save for my future needs but then not that as much because i'd also have needs to meet, and not also mine but on our family. For now i am saving for future gambling of mine, which i suppose need a proper allotment.

if you aim to reach financial freedom or would like to learn to manage your money better I'd totally recommend checking books on the subject. from the basics like "Richest man in Babylon" by Richard S. Clason and "The secrets of the Millionaire Mind" by t. Harv Eck to other more complicated books like Taleb's (all of it!) and "Money: Master the game" by Tony Robbins

you can also learn a lot online about it, of course.

managing money well has a lot to do with mentality, habit and actions.

[coolcoinz]

I try to save as much as I can, but over the years I've learned to separate my investment money from the money I spend every month. I have a job and that covers some of my expenses, the rest is covered by campaign money, occasional trades and bets. My investments is only spent if I need to add to a very important purchase. That could be for instance a new roof for my house, a car that I'll drive to work, or similar.
Spending a little helps me to stay calm in times of turmoil, like a volatile bull or bear market and here's where the real importance of campaign money lies.
In short, most of my campaign money goes is spent on booze, small electronics, gifts and gambling

[ReiMomo]

I try to save as much as I can, but over the years I've learned to separate my investment money from the money I spend every month. I have a job and that covers some of my expenses, the rest is covered by campaign money, occasional trades and bets. My investments is only spent if I need to add to a very important purchase. That could be for instance a new roof for my house, a car that I'll drive to work, or similar.
Spending a little helps me to stay calm in times of turmoil, like a volatile bull or bear market and here's where the real importance of campaign money lies.
In short, most of my campaign money goes is spent on booze, small electronics, gifts and gambling

The same as me mate, signature campaign money had a great help to covers some expenses even you have your own job and it sounds perfect when you have an extra income that you think you can spend when you needed most. I occasionally gamble using signature earning, I must prefer to use it or save it for a kind of investment, and holding bitcoin seems like at the same time you are investing bitcoin and take profit when there is a bull run.

I guess no one in here who earned in gambling signature and use all of earning in gambling, it took 1 week or how many days before you will earn $ but in just a matter of hour it will I guess wipe out if you are unlucky.

[South Park]

it's interesting because dollar value is quite different from country to country.
so maybe in the US 30-100 usd per week from a signature campaign is nothing, simple money you can use to buy a beer, but in other countries it may be life changing money.

think Venezuela, where 1 USD is 1801421 VES.
the min wage there is 2 usd a month, so a simple campaign paying you 20 usd per week would already give 40x min wage per month

Yes but Venezuela is an extreme case, for the most part your signature earnings are not going to be enough to do much with them, however the great thing is that you can slowly stack satoshis with almost no effort and over time the amount of satoshis you will have will be significant, and when we add that bitcoin over the long term goes up in value then this can become a small but still significant amount depending on the country where you live.

[Ultegra134]

~ Being a good manager is the key for sucess in financial life, having fun, but not neglecting the responsabilities at same time. And it's totally achievable even through signature campaign earnings, depending where you live.

Yeah, for some people, especially for young people, managing their sig campaign earnings can be a good practice for managing their finances in the future: one part you invest(in our case you just hold a part of your earned BTC), another part you spend on necessities, and another part you spend on entertainment.

I always dream to know more about wise spending and proper managing of my earned profit here in signature campaign which i am dreaming also to save and alot even a quarter portion of my earning to stake or to gamble. Of course i always set on top of my priority to save for my future needs but then not that as much because i'd also have needs to meet, and not also mine but on our family. For now i am saving for future gambling of mine, which i suppose need a proper allotment.

if you aim to reach financial freedom or would like to learn to manage your money better I'd totally recommend checking books on the subject. from the basics like "Richest man in Babylon" by Richard S. Clason and "The secrets of the Millionaire Mind" by t. Harv Eck to other more complicated books like Taleb's (all of it!) and "Money: Master the game" by Tony Robbins

you can also learn a lot online about it, of course.

managing money well has a lot to do with mentality, habit and actions.

Good call, I'll check it out too.

I haven't earned much from campaigns, due to a long time of inactivity. However, I did deposit some bits in Bustabit when I received my first payment, which I've now withdrawn back to my wallet. I'm mostly saving them to a separate wallet, which I'm not really using, similar to a savings account.

[l3pox]

it's interesting because dollar value is quite different from country to country.
so maybe in the US 30-100 usd per week from a signature campaign is nothing, simple money you can use to buy a beer, but in other countries it may be life changing money.

think Venezuela, where 1 USD is 1801421 VES.
the min wage there is 2 usd a month, so a simple campaign paying you 20 usd per week would already give 40x min wage per month

Yes but Venezuela is an extreme case, for the most part your signature earnings are not going to be enough to do much with them, however the great thing is that you can slowly stack satoshis with almost no effort and over time the amount of satoshis you will have will be significant, and when we add that bitcoin over the long term goes up in value then this can become a small but still significant amount depending on the country where you live.

It really depends if you compare countries on the North of equator or south, putting it simple.

For people in South america, not only Venezuela or in Africa, signature campaigns can be life changing.

in Brasil the min. wage nowadays is 1100 BRL which is only 196.46 usd nowadays.

it's hard to live well with only the minimum wage but w/ 2 or 3 times that (~600 usd) you can already live with a lot of comfort in the country)


@Ultegra134

[nelson4lov]

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.

I've made a couple of changes to how earnings are being spent in the last couple of weeks. My focused has slightly moved from gambling majority of it. More % goes into my trading capital while the rest are used for my gambling activities at stake (casino + sportsbook). Gambling hasn't been yielding much results in the last couple of wins hence the change. Looking forward to getting back in the game with a few changes here and there 

Love reading this thread to get other ideas from people on how best to manage and put earnings to work.

[Furious 7]

~
In short, most of my campaign money goes is spent on booze, small electronics, gifts and gambling

Income from my real work is also not mixed with others because it is for our daily needs what is needed in the household, but indeed this has become my habit when money from campaigns is mostly spent on fun such as gambling, vacations, whiskey and a few other things but sometimes if the need is urgent then I also need to spend money from the campaign results because this is indeed a limitation of the full expenditure.
But usually money from campaigns is spent on gambling what else I often linger in front of lapto.

[Becky666]

~ Being a good manager is the key for sucess in financial life, having fun, but not neglecting the responsabilities at same time. And it's totally achievable even through signature campaign earnings, depending where you live.

Yeah, for some people, especially for young people, managing their sig campaign earnings can be a good practice for managing their finances in the future: one part you invest(in our case you just hold a part of your earned BTC), another part you spend on necessities, and another part you spend on entertainment.

Don't think so becasue many young fellows don't even have the mindset of finance management(even till now). Personally i hardly managed my earnings before 2019 came becasue the price of bitcoin wasn't attractive as such we have today. Am such who will gambled all my signature earned within some weeks without any feelings, those who are very close then used to see me a gambler becasue i can wager upto 2ETH but now i'm regretting my actions seeing the current price of most of my coins in the market. Nothing as good as have the finance managerial skills.

[nelson4lov]

Don't think so becasue many young fellows don't even have the mindset of finance management(even till now). Personally i hardly managed my earnings before 2019 came becasue the price of bitcoin wasn't attractive as such we have today. Am such who will gambled all my signature earned within some weeks without any feelings, those who are very close then used to see me a gambler becasue i can wager upto 2ETH but now i'm regretting my actions seeing the current price of most of my coins in the market. Nothing as good as have the finance managerial skills.

Sorry about that. Everyone has their own fair share of regrets though. However, I believe that the most important thing now should be to learn from our mistakes and shortcomings of the past and figure how best we can manage our funds. That's why I've chosen to allocate funds to very specific areas so I don't get too carried away with one. I do like gambling but it wouldn't make sense to use it all to gamble. I didn't think crypto prices would be this high too.

[ReiMomo]

Don't think so becasue many young fellows don't even have the mindset of finance management(even till now). Personally i hardly managed my earnings before 2019 came becasue the price of bitcoin wasn't attractive as such we have today. Am such who will gambled all my signature earned within some weeks without any feelings, those who are very close then used to see me a gambler becasue i can wager upto 2ETH but now i'm regretting my actions seeing the current price of most of my coins in the market. Nothing as good as have the finance managerial skills.

Sorry about that. Everyone has their own fair share of regrets though. However, I believe that the most important thing now should be to learn from our mistakes and shortcomings of the past and figure how best we can manage our funds. That's why I've chosen to allocate funds to very specific areas so I don't get too carried away with one. I do like gambling but it wouldn't make sense to use it all to gamble. I didn't think crypto prices would be this high too.

As I see, lack of finance material skills and that exactly right. There's nothing wrong if we gamble on our signature earning, but of course, make sure that you gamble that you can afford. Just say, always have a separate fund for your savings for future use and the excess if there is, the excess fund you will use in gambling which is you know that you can afford that amount.

It is too bad if you are chasing money in gambling, I hate that kind of attitude and admit that sometimes that's how I feel when I'm in gambling.
There's a lot that you can do in your signature earning, you can gamble and save the rest, just make sure you have a limit of all cost.

[Renampun]

...
Spending a little helps me to stay calm in times of turmoil, like a volatile bull or bear market and here's where the real importance of campaign money lies.
In short, most of my campaign money goes is spent on booze, small electronics, gifts and gambling

*reading this makes me feel, you are really losing money 'lol'...
your money is your right but in difficult times like this, you have to use it for important things. Since this pandemic has attacked the world, I am grateful to have gone through difficult times in the last few months, to help my husband's financial burden, I have used the campaign proceeds for daily needs as well. I feel lucky to know Betfury, at least I am still able to play slots without capital because of the dividends they give.

[Stedsm]

There's nothing wrong in saying that I like gambling on a few sports and whenever I get a chance to serve a gambling website through their signature campaign and get paid on my account, I like to gamble but not much, as the fees for withdrawal are very high nowadays and I only try to gamble around the worth of fees I'll be paying, in order to save myself the remaining at least if I lose it.

[Lanatsa]

There's nothing wrong in saying that I like gambling on a few sports and whenever I get a chance to serve a gambling website through their signature campaign and get paid on my account, I like to gamble but not much, as the fees for withdrawal are very high nowadays and I only try to gamble around the worth of fees I'll be paying, in order to save myself the remaining at least if I lose it.

Im skipping out to play recently due to that high fees on where it do covers almost 1/4 of the signature campaign earnings that I do had which I don't see for it to be worth.

$40-60 might not be much for some but these amounts are just enough to my gambling needs plus if I do still have left which are allocated for my savings even on gradual phase.

Im aint a heavy gambler but I could utilize the amounts into various things from gambling to savings or basically converted for my needs.