Gamblers - How do you use your signature campaign earnings?

[finaleshot2016]

this definitely comes a lot to personal preference and 'financial reality" let's say, for some people 20-100 extra usd per week may be not much, for others it'll be a literally life changing amount.

Agree, for some people even though it is a small amount of money but if it is earned every week then still, big or small the money they get if the income is consistent every week then I think it will still change their lives, right. But all of those choices still depend on their lifestyle as I said before, and for me personally I always use them in different ways and it depends on the situation and the moment.

I do pity those bounty hunters who earn crypto but rather than stack them so that they can be potential investors and get more profits, instead, they immediately cash out their earning because their money is too low. So in a sense they are earning crypto but the crypto is not helping them either because they treat it as a salary and not as an investment.  Anyway, lets hope that there would be more signature campaigns that would pay more and help us profit more.

Actually, the forum was created because of cryptocurrency, or should I say bitcoin in general, and they're making money off of bounties because of the forum, and the platform they're promoting is linked to cryptocurrency. As a result, the opportunity they've gained is due to cryptocurrency, so cryptocurrency is assisting them in earning. Furthermore, it is their decision where they invest the money from signature campaigns because we all face different challenges in life, so we can't blame them if they immediately convert it to fiat after obtaining payment. Actually, exerting effort and time here in the forum made because of cryptocurrency is actually an investment so we're basically investing to gain more profit in the future. The time spent and the quality of your work will decide how you'll earn in this kind of campaign.

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[ChuckBuck]

Lol, interesting investment some people have here. Not to keep bitcoin, but to buy graphic cards  Just for speculation or using them in mining? Just interesting how it's going with it.

I know a few guys, he regularly buys graphics cards to mine coins, in addition, often some other additional hardware. I guess the guy's purpose is not to mine coins, since miners often buy a lot of hardware at the same time, the money you earn from signature campaigns is never enough to buy it (or he could be an amateur miner). He criticizes 50% for buying, so I guess, he doesn't mine 

[South Park]

My answer is hodl what I am earning from my Signature campaign for the education of my 12 and 13 year old nephews.
I always think about saving, you never know when you may need some money.
I feel lucky to have met bitcoin and crypto because I have learned to save money.
There are many things we can do with the profits we get from these campaigns because we all have set goals.

That is a great reason to save your money, however make sure that you will not only take care of their future education but that you also educate them especially when it comes to bitcoin and financial wealth, very few people know how to manage their money and once your nephews are ready to go to college it is very likely that the price of bitcoin is going to be many times higher than what it is now and they need to know how their uncle or aunt has been able to afford their education.

[passwordnow]

Fortunately in 2021 I have started gambling only 50% of that money and the other 50% I save to buy graphic cards nowadays which the price of them has skyrocketed.

You're building your own GPU rigs to mine altcoins? what altcoins have you been mining if you're in it? because I'm curious as you've said you're buying cards which is a lot and knowing that there's a shortage today, the price of each GPU has been skyrocketing and it's harder to get those latest unless you're with the contact of those retailers. Or you're just buying it for the purpose of having a better experience with your PC and gaming?

[2double0]

If your signature earnings are on BTC, I think it is a good holding.However, if it is in other tokens or coins, better to convert them to be top coins (moreover BTC or ETH).

It isn't good at all tbh if you get paid in btc nowadays because the price you pay to withdraw is so big that a bigger part (1/4 or 1/5) goes out of our hands. On the other hand, it is good too because whatever they take, they use the whole value in paying the fee to get us a quickly confirmed transaction.

[Saint-loup]

If your signature earnings are on BTC, I think it is a good holding.However, if it is in other tokens or coins, better to convert them to be top coins (moreover BTC or ETH).

It isn't good at all tbh if you get paid in btc nowadays because the price you pay to withdraw is so big that a bigger part (1/4 or 1/5) goes out of our hands. On the other hand, it is good too because whatever they take, they use the whole value in paying the fee to get us a quickly confirmed transaction.

Who are you talking about exactly? Many promoters like Stake are paying their bounties directly into the participant accounts, on their own platform, that means they aren't paying any transaction fees to send their payouts. High transaction fees are a big issue for BTC and ETH because it prevents a comfortable and easy access to user funds.

[2double0]

Who are you talking about exactly? Many promoters like Stake are paying their bounties directly into the participant accounts, on their own platform, that means they aren't paying any transaction fees to send their payouts. High transaction fees are a big issue for BTC and ETH because it prevents a comfortable and easy access to user funds.

It was not for Stake alone as you have answered your question yourself and they don't pay bounties but btc.  I keep my earnings, save them for one or two weeks and even a month if I can hold and withdraw all of them at once to save the fees. But all members who cannot do that which is why these high fees are a total disaster for them so they gamble to bring their bankroll near to their fee values and then withdraw, in regards to which many users also lose their complete bankroll too.

[Saint-loup]

Who are you talking about exactly? Many promoters like Stake are paying their bounties directly into the participant accounts, on their own platform, that means they aren't paying any transaction fees to send their payouts. High transaction fees are a big issue for BTC and ETH because it prevents a comfortable and easy access to user funds.

It was not for Stake alone as you have answered your question yourself and they don't pay bounties but btc.   I keep my earnings, save them for one or two weeks and even a month if I can hold and withdraw all of them at once to save the fees. But all members who cannot do that which is why these high fees are a total disaster for them so they gamble to bring their bankroll near to their fee values and then withdraw, in regards to which many users also lose their complete bankroll too.

What do you mean by "they don't pay bounties but btc" exactly? I don't get it. I wasn't aware that bounty participants of gambling platforms campaigns were wagering their earnings to be able to pay their withdrawal fees with their potential winnings, that's very risky for them because if they fail they will chase their losses until bankruptcy. Members promoting gambling sites should gamble because they like that, not because they have to.

[2double0]

What do you mean by "they don't pay bounties but btc" exactly? I don't get it.

I meant that I didn't talk about bounties, so please keep that discussion aside. We are talking about btc signature campaigns and I would never call such campaigns a bounty.

I wasn't aware that bounty participants of gambling platforms campaigns were wagering their earnings to be able to pay their withdrawal fees with their potential winnings, that's very risky for them because if they fail they will chase their losses until bankruptcy. Members promoting gambling sites should gamble because they like that, not because they have to.

You are right that a gambler should gamble on any gambling site if they want to, not if they have to. There is nothing like bankruptcy here unless it's your own money that you have deposited on that website out of your pockets. If it's from a signature campaign, how can you call them bankrupt if what they have lost was not going out of their pockets? Anyway, as I have claimed, if a gambler knows he is not so good at gambling, he should either follow good tipsters or leave their coins as it is without the fear of getting its value dropped if the price of btc drops because it will not make a big difference to your USD value. So keep it safe, wait for 2-3 weeks and then withdraw them all at once.

[Mahanton]

You are right that a gambler should gamble on any gambling site if they want to, not if they have to. There is nothing like bankruptcy here unless it's your own money that you have deposited on that website out of your pockets. If it's from a signature campaign, how can you call them bankrupt if what they have lost was not going out of their pockets? Anyway, as I have claimed, if a gambler knows he is not so good at gambling, he should either follow good tipsters or leave their coins as it is without the fear of getting its value dropped if the price of btc drops because it will not make a big difference to your USD value. So keep it safe, wait for 2-3 weeks and then withdraw them all at once.

Arent you considering the effort and resources that you had used on getting those signature pays? Even though it isnt literally coming out from your pocket but doesnt mean that it wouldnt be counted
as one.Its not really that mandatory for you to play on a gambling site even if you do promote and recieve pay from them.It just way too forcible for them to be asked out to play even
they arent like to do so.

[2double0]

Arent you considering the effort and resources that you had used on getting those signature pays? Even though it isnt literally coming out from your pocket but doesnt mean that it wouldnt be counted
as one.Its not really that mandatory for you to play on a gambling site even if you do promote and recieve pay from them.It just way too forcible for them to be asked out to play even
they arent like to do so.

Don't take my words the wrong way, I didn't say that I don't consider the efforts put by me or any other member of the forum who work for signature campaigns, but it's a reward and using a word like bankruptcy doesn't suit it because it is not going out of my pockets and that's all I said. You are right that forcibly making users gamble makes them lose if they try to gain in greed of paying fees while (if) they already have it in their account based on their earnings and if they don't have it, they can wait one more week and save the fees. Here we are lucky that Stake never asks us to gamble there but we gamble there voluntarily so it's our decision totally.

[YOSHIE]

I see a lot of signature wearers discussing gambling quite frequently in this section of the board.

Maybe that's one of the things you saw, the signature is a source of income for members in this forum, however, even if you see it, not all members who are here signed income are spent in gambling.

I personally prefer bonus money or the lottery to gamble, the signature result may not be.

[OgNasty]

Wow, this thread blew up!  I hadn't realized.  I'm glad that people are not just dumping their signature campaign rewards on a gambling habit, although I'm sure plenty of that exists.  I've even been guilty of blowing my earnings once or twice. 

Mostly I think of it as just another source of BTC.  My personal GPU miner brings in a nice little bit of additional funds to play with, and signature earnings are a nice addition to that.  It all adds up, especially when you're talking about BTC over time!

[ChuckBuck]

Who are you talking about exactly? Many promoters like Stake are paying their bounties directly into the participant accounts, on their own platform, that means they aren't paying any transaction fees to send their payouts. High transaction fees are a big issue for BTC and ETH because it prevents a comfortable and easy access to user funds.

A few casinos make direct payments on their platforms, but others still send payments to users' personal BTC addresses. Whatever, no matter how you get your payment, there's still a small fee to take it anywhere and do anything. Do you just take the payment and keep it there forever?

I've even been guilty of blowing my earnings once or twice. 

We are allowed to go wrong a few times to have memorable experiences, right  ?

My personal GPU miner brings in a nice little bit of additional funds to play with, and signature earnings are a nice addition to that.

Oh really? I never thought that someone would mine to supplement his betting money

[Lorence.xD]

Wow, this thread blew up!  I hadn't realized.  I'm glad that people are not just dumping their signature campaign rewards on a gambling habit, although I'm sure plenty of that exists.  I've even been guilty of blowing my earnings once or twice. 

Mostly I think of it as just another source of BTC.  My personal GPU miner brings in a nice little bit of additional funds to play with, and signature earnings are a nice addition to that.  It all adds up, especially when you're talking about BTC over time!

I think that most people here have some sort of extensive knowledge about finances, going out once or twice is not that bad, if you don't splurge a little and you don't have the nerves to withstand monotony then you will probably burnout and you will start thinking that signature campaign is slowly killing you. Wanted to get into mining back then but I remembered that I live in a tropical country and the electricity is monopolized so it is so damn expensive.

[Saint-loup]

Who are you talking about exactly? Many promoters like Stake are paying their bounties directly into the participant accounts, on their own platform, that means they aren't paying any transaction fees to send their payouts. High transaction fees are a big issue for BTC and ETH because it prevents a comfortable and easy access to user funds.

A few casinos make direct payments on their platforms, but others still send payments to users' personal BTC addresses. Whatever, no matter how you get your payment, there's still a small fee to take it anywhere and do anything. Do you just take the payment and keep it there forever?

Yes, I have no problem to keep my earnings on Stake for a very long time and even forever, because I trust this platform and I like gambling on it.
I don't think it's a good practice to send bounties to personal wallets and not to platform accounts because it doesn't prevent bounty hunters to promote products and platforms they don't give a shit about and never use. Hence many bounty hunters who never gamble spam this section with random shitposts for example and that's a plague.

[romero121]

Who are you talking about exactly? Many promoters like Stake are paying their bounties directly into the participant accounts, on their own platform, that means they aren't paying any transaction fees to send their payouts. High transaction fees are a big issue for BTC and ETH because it prevents a comfortable and easy access to user funds.

A few casinos make direct payments on their platforms, but others still send payments to users' personal BTC addresses. Whatever, no matter how you get your payment, there's still a small fee to take it anywhere and do anything. Do you just take the payment and keep it there forever?

Yes, I have no problem to keep my earnings on Stake for a very long time and even forever, because I trust this platform and I like gambling on it.
I don't think it's a good practice to send bounties to personal wallets and not to platform accounts because it doesn't prevent bounty hunters to promote products and platforms they don't give a shit about and never use. Hence many bounty hunters who never gamble spam this section with random shitposts for example and that's a plague.

Yes, Stake is highly secure to hold funds. My funds from campaign gets added to the wallet. Till date my wallet doesn't have much of withdrawal than deposit. This means my signature earnings along with my deposits were getting spend on gambling. I keep depositing to recover and come to an end finishing my debts. However I wasn't able to make my thoughts come true.

[ChuckBuck]

Yes, I have no problem to keep my earnings on Stake for a very long time and even forever, because I trust this platform and I like gambling on it.
I don't think it's a good practice to send bounties to personal wallets and not to platform accounts because it doesn't prevent bounty hunters to promote products and platforms they don't give a shit about and never use. Hence many bounty hunters who never gamble spam this section with random shitposts for example and that's a plague.

Yes, Stake is highly secure to hold funds. My funds from campaign gets added to the wallet. Till date my wallet doesn't have much of withdrawal than deposit. This means my signature earnings along with my deposits were getting spend on gambling. I keep depositing to recover and come to an end finishing my debts. However I wasn't able to make my thoughts come true.

No, neither of you understand my thoughts. I am not saying that those platforms are not safe to keep money. You can keep money there forever, it's okay, it could become your second wallet. And yes, you might want to keep your money there forever, but others don't. Most people will use this money to do something else. Even if it's only one time, they will still incur a withdrawal fee. I just want to refute your statement that I have bolded earlier   Hope guys understand what I mean and don't fight blindly  

[qwertyup23]

Lol, interesting investment some people have here. Not to keep bitcoin, but to buy graphic cards  Just for speculation or using them in mining? Just interesting how it's going with it.

I know a few guys, he regularly buys graphics cards to mine coins, in addition, often some other additional hardware. I guess the guy's purpose is not to mine coins, since miners often buy a lot of hardware at the same time, the money you earn from signature campaigns is never enough to buy it (or he could be an amateur miner). He criticizes 50% for buying, so I guess, he doesn't mine 

Well the money you earn from campaign signatures serve as a purpose either for long-term investment or for leisure.

I wouldn't say that buying hardware using campaign signature earnings is 'never enough' but it will take a person a relatively long time to purchase one. Heck, even a person can buy a lambo using campaign signature earnings but this will depend on how he will participate.

In terms of mining, I do think that it can still be profitable but you need to have a large capital in order to compete with other miners as well.

[Fortify]

I was always a fan of withdrawing them and converting it into my local currency, then buying stocks. I'm starting to change that opinion now and have a nice portfolio built up already, it is time to start keeping some Bitcoin as an alternative asset - even if it is a bit late to the party There still seems plenty of space for it to move upwards and it is much less vulnerable to inflation than other assets. Having a set amount of coins which will over time diminish for a whole load of reasons makes it quite desirable, as the hedge funds and private equity investors seem to have spotted too.