Gamblers - How do you use your signature campaign earnings?

[ChuckBuck]

Not that really but thanks for that. IIRC, there were some that actually have a fixed price in fees and that's what I've thought of them when I've read the other gamblers told that they have that type of fee. But you are right that the fees which are dynamic, they're the actual miners fee.

I also want to add a bit more information  about the fee you are charged when you withdraw your funds, certainly it is not enough to cover the fees for making your withdrawals, so what is the solution for the casinos? No solid evidence, but I guess, they will implement the "pay to many" feature. Withdrawal requests will be put on the stack, wait for sufficient quantity and will be executed once only. In this way, they only pay 1 transaction fee and send money to many customers. Perhaps it is the reason that withdrawal requests often have timeouts to process.

Anyway, it's just my personal opinion, it's not accurate information, so don't really bother 

[BTCLiz]

To be fair, I'm not a gambler, but I would recommend to send the coins directly from the plattforms to your own private wallets. This is the best way in my opinion to make the most out of it.

You're not a gambler, but that doesn't mean other people aren't gambling either. Furthermore, your advice is not very good either. Looking at the very moment, the price of BTC is very high, the fee for withdrawing money from a platform to the wallet is very expensive. So to maximize our income, we just need to keep the money there until we really need it. Withdrawing a large amount of money is better than spending a lot of transaction fees for many different times 

It really depends on if the platform you are advertising in your signature space is applying withdrawal fees. Some of them are, some of them are not applying such fees. Our platform (Chips.gg) is not applying any withdrawal fees, so it is completely free. In this case it makes sense to withdrawal directly to your wallet.

[Natsuu]

Signature campaign earnings that I received are being hodl in the account. I don't use it cause I prefer it to be the money for my emergency needs. I will only convert it to USD if I really need it, and if I need something which is essential to my life as a student, I use my other jobs earnings.

[ShowOff]

Signature campaign earnings that I received are being hodl in the account. I don't use it cause I prefer it to be the money for my emergency needs. I will only convert it to USD if I really need it, and if I need something which is essential to my life as a student, I use my other jobs earnings.

I don't think you will be forced to bet the money you make from a signature campaign on gambling. However, sometime someone is very inconsistent with his method, because he is too close to gambling advertisement, so that sometime he also intend to double his money by gambling. It is normal human nature because they can never get enough of what they get.

If you just want to use all the money you currently have for your daily need and education, then don't gamble and may not be interested in gambling. That is the best advice for you I think.

[DevilSlayer]

I think it is about what is your goal after all, are you joining signature campaigns for you to have enough capital to start gambling or are you the one who are joining signature campaign for you to have money to spend it in your personal way? When I joined in signature campaign in a specific gambling platform before, my goal is to have enough capital and to increase it by 1000%. Luckily I did it then it is the time where I withdraw it but earning that kind of profit is not easy because I experienced ups and down and I my capital almost wipeout where it affects my psychology. As long as we know what is our current goal then be confident to use your earnings in the way you like.

[Jemzx00]

Signature campaign earnings that I received are being hodl in the account. I don't use it cause I prefer it to be the money for my emergency needs. I will only convert it to USD if I really need it, and if I need something which is essential to my life as a student, I use my other jobs earnings.

I don't think you will be forced to bet the money you make from a signature campaign on gambling. However, sometime someone is very inconsistent with his method, because he is too close to gambling advertisement, so that sometime he also intend to double his money by gambling. It is normal human nature because they can never get enough of what they get.

If you just want to use all the money you currently have for your daily need and education, then don't gamble and may not be interested in gambling. That is the best advice for you I think.

No company are forcing their signature campaign participants to bet or gamble on their sites as their job is to advertise and promote the company they've joined on. But still if you don't have any necessary things and have some extra coins, then there's nothing wrong if you gamble and bet it on the site.
You may be able to double or even more your signature earnings if gambled it and worst comes to worst is you'll lose that earnings that came from the gambling site.

Anyway, there's nothing wrong whether you save it, trade it, gamble it or even give it to someone as you've earned it and it's your own money. Also, it's a great thing that the signature campaign helps you provide financial support for your academics and studies.

[DeathAngel]

I HODL 90% (rough estimate) of it & I’ve always done that. Bitcoin has always been an investment vehicle to me. I have gambled with some of my signature pay before but the vast majority over all the years, I’ve HODOED. I have to say that strategy has worked out rather well for me

[finaleshot2016]

Signature campaign earnings that I received are being hodl in the account. I don't use it cause I prefer it to be the money for my emergency needs. I will only convert it to USD if I really need it, and if I need something which is essential to my life as a student, I use my other jobs earnings.

Save it to your account, then wait for your signature campaign to end before transferring it to your wallet. The explanation for this is that gambling platform fees can be very high at times, reducing your savings. True, you are not obliged to spend the money on gambling because you are being compensated for your services and have the authority to spend it however you see fit. You could gamble and win some money if you're good at it, but if you're not, the better choice is to save and keep it.

[hahay]

So we can save our signature campaign for the next increases instead of using it for gambling, but we also have an option to use a small amount of the payment to gamble if we want. Some others convert their earnings from the signature campaign for their daily needs or urgent situations that need money, and I am sure that can cover their financial problem and be better for them.

Right, however, the income they get from the campaign can be used to pay for their lives and so of course the income they get is clearly used properly. But that does not mean that those who spend their income on gambling are not good, because in this case there are clear differences regarding fun, finance, and lifestyle. So yes, whatever choice and used for whatever it is will not be a problem because basically they are using the income earned for their own desires.

[Fredomago]

So we can save our signature campaign for the next increases instead of using it for gambling, but we also have an option to use a small amount of the payment to gamble if we want. Some others convert their earnings from the signature campaign for their daily needs or urgent situations that need money, and I am sure that can cover their financial problem and be better for them.

Right, however, the income they get from the campaign can be used to pay for their lives and so of course the income they get is clearly used properly. But that does not mean that those who spend their income on gambling are not good, because in this case there are clear differences regarding fun, finance, and lifestyle. So yes, whatever choice and used for whatever it is will not be a problem because basically they are using the income earned for their own desires.

The entertaining part are also being enjoyed by those campaigners, thinking that usng some portions of their earnings into gambling is just the same with using the money to any kind of relaxations.
Reward yourself of something that you'll enjoy it's your money anyway, as long as you are not using the whole amount into gambling and you have  a good self control, who knows between the line, you'll able to hit the jackpot and win, that's more enjoyable right?

[bitcoin31]

Signature campaign earnings that I received are being hodl in the account. I don't use it cause I prefer it to be the money for my emergency needs. I will only convert it to USD if I really need it, and if I need something which is essential to my life as a student, I use my other jobs earnings.

It's good to hear that you save your rewards you got from the signature campaign that you participated. Saving your money is best you do because yes incase the emergency you can have money to use and if you want to fix value you should convert it to the USD because we know the market the price changing fast.

I hope everyone will be wise for the using of the bitcoin we get on the signature campaign and save some of it not gambling it because like today the bitcoin we spend in playing instead of saving it the value we spend become higher now so be wise spending on it to the gambling games.

[freedomgo]

Signature campaign earnings that I received are being hodl in the account. I don't use it cause I prefer it to be the money for my emergency needs. I will only convert it to USD if I really need it, and if I need something which is essential to my life as a student, I use my other jobs earnings.

It's good to hear that you save your rewards you got from the signature campaign that you participated. Saving your money is best you do because yes incase the emergency you can have money to use and if you want to fix value you should convert it to the USD because we know the market the price changing fast.

I hope everyone will be wise for the using of the bitcoin we get on the signature campaign and save some of it not gambling it because like today the bitcoin we spend in playing instead of saving it the value we spend become higher now so be wise spending on it to the gambling games.

For me I think that's not wise if its for emergency, it's wise to convert it in fiat and save it, not in bitcoin as we can't control the price, sometimes its bullish and sometimes its bearish. Now, let's put it at this scenario, what if your 1 bitcoin which is valued now at $55k dropped 10 times and its only $5500 during the time you need it for emergency, would you be happy if its not anymore enough for the specific expenses?

[tabas]

Not that really but thanks for that. IIRC, there were some that actually have a fixed price in fees and that's what I've thought of them when I've read the other gamblers told that they have that type of fee. But you are right that the fees which are dynamic, they're the actual miners fee.

I also want to add a bit more information  about the fee you are charged when you withdraw your funds, certainly it is not enough to cover the fees for making your withdrawals, so what is the solution for the casinos? No solid evidence, but I guess, they will implement the "pay to many" feature. Withdrawal requests will be put on the stack, wait for sufficient quantity and will be executed once only. In this way, they only pay 1 transaction fee and send money to many customers. Perhaps it is the reason that withdrawal requests often have timeouts to process.

Anyway, it's just my personal opinion, it's not accurate information, so don't really bother 

Actually that's a good idea if they want to save the fees but that will stop the feature of everyone who wants to withdraw on instant and if they're known for having instant withdrawals.
But that's a good suggestion if they haven't thought of it and send it through batches and have those withdrawals come as a group but it needs cooperation and patience from the users, thus it's a good and applicable alternative if they want to save fees.

[yazher]

I HODL 90% (rough estimate) of it & I’ve always done that. Bitcoin has always been an investment vehicle to me. I have gambled with some of my signature pay before but the vast majority over all the years, I’ve HODOED. I have to say that strategy has worked out rather well for me

Good for you man and that was a rare scenario for someone who doesn't use their signature campaign earnings instead they hodl it for so long. I think people can only do this kind of stuff if they have multiple sources of income. As for me, as stated months ago that I bought some rare books with it. I cannot afford to hodl it at those time because the books are so rare if I don't buy it right away they posted it, it would be sold after some hours.

[ChuckBuck]

It really depends on if the platform you are advertising in your signature space is applying withdrawal fees. Some of them are, some of them are not applying such fees. Our platform (Chips.gg) is not applying any withdrawal fees, so it is completely free. In this case it makes sense to withdrawal directly to your wallet.

Really? I haven't even tried withdrawing there, I just got the first payment. But if they don't ask for a withdrawal fee, it'll be great if we keep money there. We can transfer money anywhere and anytime without any cost.
But most casinos charge a fee, maybe Chips.gg will do that soon too

Actually that's a good idea if they want to save the fees but that will stop the feature of everyone who wants to withdraw on instant and if they're known for having instant withdrawals.

Not really, as some casinos have 2 withdrawal options. 1 with low cost and 1 with high cost. With low cost, they will wait a little, with high cost, they will be paid right away. Also, since casinos always have a huge customer base, it's easy to have multiple customers withdraw at the same time.

[Lorence.xD]

Good for you man and that was a rare scenario for someone who doesn't use their signature campaign earnings instead they hodl it for so long. I think people can only do this kind of stuff if they have multiple sources of income. As for me, as stated months ago that I bought some rare books with it. I cannot afford to hodl it at those time because the books are so rare if I don't buy it right away they posted it, it would be sold after some hours.

It takes nerves of steel and a lot of patience to hodl for a long time, I mean I have been hodling about half of my earnings for about 4 months now and I am tempted to spend it all but good thing is that I am through with gambling and there is no chance that I will spend it here. Good for you that you are buying rare books, I plan to do the same thing but there are still a lot of things that needs to be prioritized so it has to wait even if rare books are appreciating in value overtime.

[stadus]

Good for you man and that was a rare scenario for someone who doesn't use their signature campaign earnings instead they hodl it for so long. I think people can only do this kind of stuff if they have multiple sources of income. As for me, as stated months ago that I bought some rare books with it. I cannot afford to hodl it at those time because the books are so rare if I don't buy it right away they posted it, it would be sold after some hours.

It takes nerves of steel and a lot of patience to hodl for a long time, I mean I have been hodling about half of my earnings for about 4 months now and I am tempted to spend it all but good thing is that I am through with gambling and there is no chance that I will spend it here. Good for you that you are buying rare books, I plan to do the same thing but there are still a lot of things that needs to be prioritized so it has to wait even if rare books are appreciating in value overtime.

Don't be tempted to spend if if you don't really need it, that's a test, if you want your income to increase in value in the long run, then the only way is just to hold and keep participating in signature campaigns so every week bitcoin will come into your wallet.

[LogitechMouse]

I HODL 90% (rough estimate) of it & I’ve always done that. Bitcoin has always been an investment vehicle to me. I have gambled with some of my signature pay before but the vast majority over all the years, I’ve HODOED. I have to say that strategy has worked out rather well for me

Can I say that only few of us that joined the signature campaign chose to HODL all or at least a portion of it rather than using it in gambling in the site that they are promoting? .

We have the same strategy but yours is 90% which is a huge portion already. Mine, I think its around 10-15% only of my total monthly signature campaign earnings are being put into hodl. Luckily last year I started HODLing some of it and now I'm still hodling it with more profits right now because of the bull run. Most of the earnings that I got are going whether into the expenses here in our home, some books that I like to read, some things that I need here etc. .

[tabas]

Actually that's a good idea if they want to save the fees but that will stop the feature of everyone who wants to withdraw on instant and if they're known for having instant withdrawals.

Not really, as some casinos have 2 withdrawal options. 1 with low cost and 1 with high cost. With low cost, they will wait a little, with high cost, they will be paid right away. Also, since casinos always have a huge customer base, it's easy to have multiple customers withdraw at the same time.

Well, for those that have huge base for their customers then this could always be a not so long queue if they're going to make their withdrawals like that.
I hope to see one casino have that option to lessen the fees but without compromising the individual and standard withdrawal.

[Alucard1]

It's been quite a while since I left gambling, and hence I don't really gamble my earnings anymore. If I assume I earn $20 per week as a full member here, majority of the funds I use for recharging my phone, a goody goody pizza, Netflix it's nice to enjoy and spend on my own self besides I save a part of the earnings in my long term savings goal as well

It is good to treat yourself sometimes when you have received your payments, I did the same thing as yours but I realized that I need to save money, it would be better if I am going to save money instead of spending it on my food or my wants. So as of now the payment that I received from the signature campaign is used for my saving and small trading purposes.