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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)
South Park
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March 11, 2021, 03:49:21 AM
 #541

Interesting to read the very many differences in signature earnings money management  Smiley I am on the hodlers' side because I try not to touch any of that from the moment I consider them like an extra investment. This little extra plus some monthly DCA is my way of stacking sats for the future
While obviously this is a slow way to accumulate sats at the same time is one of the safest, on any other activity like trading you are taking huge risks, while your signature campaign earnings will never have any risk close to that, and what is even better is that you get them without the necessity to convert fiat to bitcoin which has a cost and if you care about your privacy it could always leave a trace that could tell someone how much bitcoin you are holding.

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March 11, 2021, 05:02:06 AM
 #542

Good observation, not sure if that's for real those who voted for HODL of course, inside gambling sites temptations always appears inside you.

Yeah...
I confess that I spend more on gambling than I would like, I need to save more bitcoin, but the temptation is something that I can't control since the time I met the famous freebitco.in
What I definitely don't do is convert to USD (BRL in my case), this is a terrible way to spend the valuable currencies I receive from my campaign. Wink

Lol but converting them into fiat and having the cash in your wallet might save the money Grin (temporarily) from being gambled away (speaking from experience lol), which is better option definitely than to keep it in an online wallet from which you can anytime withdraw it and deposit in a casino without being able to resist the temptation Grin whenever I converted it into fiat, I made more efforts to not gamble it since it becomes tangible and hence feels more valuable to lose it away!
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March 11, 2021, 06:42:20 AM
 #543

I haven't received much payment in my signature campaign so right now my plan is to hodl the bitcoin that I will receive as it is at most a trickle amount and I don't think that gambling it or spending it on anything is going to be worth it. Maybe when I get enough bitcoin, I might go and buy a new phone or something that isn't worth a lot of money but is worth buying.
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March 11, 2021, 08:17:29 AM
 #544

I haven't received much payment in my signature campaign so right now my plan is to hodl the bitcoin that I will receive as it is at most a trickle amount and I don't think that gambling it or spending it on anything is going to be worth it. Maybe when I get enough bitcoin, I might go and buy a new phone or something that isn't worth a lot of money but is worth buying.

if the pay will go into your account in the casino wallet, you may be tempted to actually roll a dice or bet a sports match. once you read something like the strategies on winning dice or a thread in the gambling forum about a football or a boxing match, it could spark an interest in you that you could buy a new phone with just one bet. but you're safe if the BTC goes into your personal wallet at least you can hold it there for a long time.












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March 11, 2021, 10:37:20 AM
 #545


Or maybe the question should be slightly reformulated. Instead of "What do you do with your earned crypto?" it should rather ask "What do you do with the most part of your earned crypto?". And maybe much more voters would participate in the poll then, and we'd have a better idea about where sig camp earnings go?

It's no wonder most ppl voted "I do all three!". That's what they do. But, in fact, judging by the latest comments, that's what we all do. ... Idk, maybe I'm over-complicating things. What I really want is more participants in this poll.

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March 11, 2021, 10:52:39 AM
 #546

I haven't received much payment in my signature campaign so right now my plan is to hodl the bitcoin that I will receive as it is at most a trickle amount and I don't think that gambling it or spending it on anything is going to be worth it. Maybe when I get enough bitcoin, I might go and buy a new phone or something that isn't worth a lot of money but is worth buying.
it doesn't matter  How much you are receiving because that is rate in Bitcoin so the best to HODL for long term .

I have vested half of my Payments in Bitcoin for 6 months now and have lost in gambling the next half  Grin

But either way i am happy having them both as i enjoy gambling and i enjoy holding .

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March 11, 2021, 12:10:50 PM
 #547

I haven't received much payment in my signature campaign so right now my plan is to hodl the bitcoin that I will receive as it is at most a trickle amount and I don't think that gambling it or spending it on anything is going to be worth it. Maybe when I get enough bitcoin, I might go and buy a new phone or something that isn't worth a lot of money but is worth buying.
After the bitcoin price back to $55k-$57k, that proves to us that if we can still hold bitcoin, we are making a big profit from the payment and selling it at a high price, that will make us more profit.
I think the other members still hold their bitcoin and waiting for the price to increase like us.
But some others maybe use that earning to buy the altcoin and use it to continue gambling.
If we can hold the payment and have a patient wait bitcoin price rises so high, our waiting time will give us a big reward in the future, especially if we can use the other ways to earn more satoshi.

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March 11, 2021, 01:47:32 PM
 #548

I haven't received much payment in my signature campaign so right now my plan is to hodl the bitcoin that I will receive as it is at most a trickle amount and I don't think that gambling it or spending it on anything is going to be worth it. Maybe when I get enough bitcoin, I might go and buy a new phone or something that isn't worth a lot of money but is worth buying.
it doesn't matter  How much you are receiving because that is rate in Bitcoin so the best to HODL for long term .

I have vested half of my Payments in Bitcoin for 6 months now and have lost in gambling the next half  Grin

But either way i am happy having them both as i enjoy gambling and i enjoy holding .

That's still positive as at least you have half of your earning for long term hold, mine, a little too disappointed that I usually spend in gambling and although I'm having fun but it's hard not to regret seeing the current situation, maybe I can learn from this.

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March 11, 2021, 02:14:02 PM
Merited by xandry (2)
 #549

Most of my signature payments were spend on gambling(this is not by intention, by habit). Finally used to loss everything. Two days back received my last week's payment. Received little bonuses from the gambling site. Using the total of around $120 started to gamble on Dice. This continued for about two days. Ten minutes back I made it reach $680. Further the greed made me loss and empty my wallet. Another thing, claimed the rakeback of $7 and emptied those. This is how my spendings are going out of my wallet.

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March 11, 2021, 02:53:47 PM
 #550

I haven't received much payment in my signature campaign so right now my plan is to hodl the bitcoin that I will receive as it is at most a trickle amount and I don't think that gambling it or spending it on anything is going to be worth it. Maybe when I get enough bitcoin, I might go and buy a new phone or something that isn't worth a lot of money but is worth buying.

the idea of saving and investing earnings is a solid plan, but if it's something that may help you in life and is not only luxury it may be worth to buy it too, key is finding good balance.

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March 11, 2021, 03:28:01 PM
 #551

Most of my signature payments were spend on gambling(this is not by intention, by habit). Finally used to loss everything. Two days back received my last week's payment. Received little bonuses from the gambling site. Using the total of around $120 started to gamble on Dice. This continued for about two days. Ten minutes back I made it reach $680. Further the greed made me loss and empty my wallet. Another thing, claimed the rakeback of $7 and emptied those. This is how my spendings are going out of my wallet.
Duuuudddeee!!! You already have an addiction to gambling and I don't think you can control it and even you being used to losing everything is a sign of gambling addiction. Hopefully, you don't gamble anything aside from your signature earnings as it's the worst part of it.
I think, it's your intention to gamble with it as you know that you mostly lose everything eventually but still haven't manage to stop yourself. I suggest you budget your signature earnings so that atleast you'll have something for left  on your signature earnings. And find a hobby other than gambling your money. (On the bright side, it shows your support to the gambling site that is on your signature.)

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March 11, 2021, 05:20:58 PM
 #552

Easiest way is to save the earnings, but I am not surprised if many of us will just play with it and gambling in the casino  Grin


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March 11, 2021, 09:45:10 PM
 #553


Or maybe the question should be slightly reformulated. Instead of "What do you do with your earned crypto?" it should rather ask "What do you do with the most part of your earned crypto?". And maybe much more voters would participate in the poll then, and we'd have a better idea about where sig camp earnings go?

It's no wonder most ppl voted "I do all three!". That's what they do. But, in fact, judging by the latest comments, that's what we all do. ... Idk, maybe I'm over-complicating things. What I really want is more participants in this poll.
Yeah, the poll could use some reformat to be honest. I voted hold, because I keep the majority of my Bitcoin aside. Haven't converted any of my recent earnings (After I returned) to USD, thus couldn't actually vote for that one. The format you suggested would be way more accurate but anyway, we still get the basic idea.

R


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March 11, 2021, 11:18:22 PM
 #554

I haven't received much payment in my signature campaign so right now my plan is to hodl the bitcoin that I will receive as it is at most a trickle amount and I don't think that gambling it or spending it on anything is going to be worth it. Maybe when I get enough bitcoin, I might go and buy a new phone or something that isn't worth a lot of money but is worth buying.
it doesn't matter  How much you are receiving because that is rate in Bitcoin so the best to HODL for long term .

I have vested half of my Payments in Bitcoin for 6 months now and have lost in gambling the next half  Grin

But either way i am happy having them both as i enjoy gambling and i enjoy holding .
@Kittygalore, the amount you earn through the current campaign does not matter, whats important is how you manage your earnings at the end of each week and you will be surprised if you manage your earning well the amount of Bitcoin you hold in USD will even surpass user that earn more than you.
@kotajikikox, let's be frank no gambler lost the game and feels happy about it.

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Swopon
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March 12, 2021, 09:21:13 AM
 #555

From my perspective, I usually joined Bitcoin paid signature campaign and mostly ignore the altcoins paid signature because of shitcoins which maximum has no value in future. Even I have many shitcoins in my wallet and maximum has no value.

By the way, to the point I use my earning from signature campaign according to my need. It can be personal or sometime I support my family. Also I tried to spend all my educational expenses from my earning but sometime it can't reach because of low values paid campaign or lack of participation (I can't participate).

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March 15, 2021, 04:49:30 AM
 #556

I haven't received much payment in my signature campaign so right now my plan is to hodl the bitcoin that I will receive as it is at most a trickle amount and I don't think that gambling it or spending it on anything is going to be worth it. Maybe when I get enough bitcoin, I might go and buy a new phone or something that isn't worth a lot of money but is worth buying.

if the pay will go into your account in the casino wallet, you may be tempted to actually roll a dice or bet a sports match. once you read something like the strategies on winning dice or a thread in the gambling forum about a football or a boxing match, it could spark an interest in you that you could buy a new phone with just one bet. but you're safe if the BTC goes into your personal wallet at least you can hold it there for a long time.




There are some signature campaigns that pay in that way and if you are the kind of person that likes to gamble once in a while then this is going to save you fees over the long term as you do not have to send your coins to the casino in order to gamble, however if you are the kind of person that doesn't gamble at all or very rarely this is going to lose you money especially now that the fees that you need to pay in order to make a transaction can be quite high.

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March 15, 2021, 07:59:42 AM
 #557

I have not been that smart and as I said before here I bought some fancy gadgets.Now with the increase in price I am becoming way more pragmatic and I save this money to buy a graphic card every three payments I got from the signature earnings.Some friend of mine has found me the Rx 6800 Xt with only 1000 Euro in price and I am happy to build a mining rig for myself after managing my colleagues old rigs for a couple of years now.

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Shasha80
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March 15, 2021, 08:45:26 AM
 #558

From my perspective, I usually joined Bitcoin paid signature campaign and mostly ignore the altcoins paid signature because of shitcoins which maximum has no value in future. Even I have many shitcoins in my wallet and maximum has no value.

By the way, to the point I use my earning from signature campaign according to my need. It can be personal or sometime I support my family. Also I tried to spend all my educational expenses from my earning but sometime it can't reach because of low values paid campaign or lack of participation (I can't participate).

Indeed, the best signature campaign to work on, a signature campaign that pays Bitcoin. Because it's easier to sell Bitcoin than we get paid with
altcoins. Usually these altcoins haven't entered the exchanges or even the prices have fallen, so when the altcoins we get are sold, it gets very
little money. Therefore, I prefer to find a signature campaign in the service section.

Regarding the use of payment obtained from the signature campaign, most of them are used to buy daily necessities. As you do using the money
from the signature campaign to buy the necessities you need, and sometimes if you are lucky to be accepted in a signature campaign with a high
enough pay, you can pay some bills. The problem now is that high paying signature campaigns only require a few participants and must have
a lot of merit.

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March 15, 2021, 09:21:14 AM
 #559

The bitcoin price is now above 60,000 USD. It is really hard to decide what to do with our signature earnings right now. I feel like there is still a some room to rally higher for bitcoins, so I am not going to switch into FIAT any time soon. For now it's probably best to just hold the coins. The only way to make a profit is gambling for me. But here I prefer to take more FIAT money than crypto coins. So far all my poker bankroll I keep adding in USD.
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March 15, 2021, 09:22:17 AM
 #560

I have not been that smart and as I said before here I bought some fancy gadgets.Now with the increase in price I am becoming way more pragmatic and I save this money to buy a graphic card every three payments I got from the signature earnings.Some friend of mine has found me the Rx 6800 Xt with only 1000 Euro in price and I am happy to build a mining rig for myself after managing my colleagues old rigs for a couple of years now.
nice , at least there is something that you can say that comes from your sgnature campaign income and not all spent in gambling games lol.

I already Bought Laptop from my sig campaign because the recent payments took almost 2 months before the owner paid us so i have Bulk of funds that i use to buy laptop online using my bitcoin  .


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