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Question: What do you do with your earned crypto?
Gamble it! - 20 (11.1%)
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I do all three! - 89 (49.4%)
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Author Topic: Gamblers - How do you use your signature campaign earnings?  (Read 5505 times)
germsite
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April 16, 2021, 02:17:01 AM
 #801

Very simple: all earnings on "black"! Tongue No, you are right because the bull run turns out to be so valuable even for minor income in BTC that it is worth holding onto some of the earnings for sure. When you say "trading" are you a day trader? That is also a kind of gambling I would say.
Too many discussions about trading and gambling about its differences and similarities. Having that said, you're right that with small amount of btc that were accumulated became larger these days.
Knowing that bitcoin has reached to $64k and then became $62k later which is still another all time high that has been reached.

We will then see the $70k soon but $100k is really possible, the bullishnesh of the market this season is way bigger compared to the past and I think to be more optimistic too that $100k is possible. For my earning, I don't really hold or accumualte now, I spent it since it does not fit with my principle to accumuate at bull run even if I only earn it, still considered it as accumulation.
No question about $70k and $100k. They will come eventually and that's really possible to be seen, maybe after a few months. Can't really compare to the past bull runs.
This is I guess the best of the best in terms of pricing but haven't looked the comparison of the other past bull runs in terms of percentage.

You can read a lot of numbers out there. Some experts say it can easily go to a million, but you also have those who say it will go to zero. I am 100% confident it will never go to zero. Tongue Smiley
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April 16, 2021, 07:05:22 AM
 #802

Generally speaking,convert to USD,that is my choose,but sometimes i select HOLD,only gambling i didnt try,maybe next time i got my signature payment i would like to gamble.
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April 16, 2021, 07:23:30 AM
 #803

Very simple: all earnings on "black"! Tongue No, you are right because the bull run turns out to be so valuable even for minor income in BTC that it is worth holding onto some of the earnings for sure. When you say "trading" are you a day trader? That is also a kind of gambling I would say.
Too many discussions about trading and gambling about its differences and similarities. Having that said, you're right that with small amount of btc that were accumulated became larger these days.
Knowing that bitcoin has reached to $64k and then became $62k later which is still another all time high that has been reached.

We will then see the $70k soon but $100k is really possible, the bullishnesh of the market this season is way bigger compared to the past and I think to be more optimistic too that $100k is possible. For my earning, I don't really hold or accumualte now, I spent it since it does not fit with my principle to accumuate at bull run even if I only earn it, still considered it as accumulation.
No question about $70k and $100k. They will come eventually and that's really possible to be seen, maybe after a few months. Can't really compare to the past bull runs.
This is I guess the best of the best in terms of pricing but haven't looked the comparison of the other past bull runs in terms of percentage.

This is a new ATH and really a huge jumped that happened.

A lots of money being played inside this industry, more and more institutional investors are also inside the market, better to continue
believing that this will continue, save most of  your crypto earnings, use lesser amount / value if you are also involves with gambling,
there are good things that still pending and more surprises inside this industry.
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April 16, 2021, 09:04:53 AM
 #804

Very simple: all earnings on "black"! Tongue No, you are right because the bull run turns out to be so valuable even for minor income in BTC that it is worth holding onto some of the earnings for sure. When you say "trading" are you a day trader? That is also a kind of gambling I would say.
Too many discussions about trading and gambling about its differences and similarities. Having that said, you're right that with small amount of btc that were accumulated became larger these days.
Knowing that bitcoin has reached to $64k and then became $62k later which is still another all time high that has been reached.

We will then see the $70k soon but $100k is really possible, the bullishnesh of the market this season is way bigger compared to the past and I think to be more optimistic too that $100k is possible. For my earning, I don't really hold or accumualte now, I spent it since it does not fit with my principle to accumuate at bull run even if I only earn it, still considered it as accumulation.

Everything is possible. Just think about how many % of BTC total supply is in the hands of big players now. I bet the exchanges control up to 50% of all BTC in circulation. They can push the price to wherever they want to push it. And they certainly will at some point.

Of course I know that, but I also believe that timing is important because bull run does not happen all the time, for sure after a bull run a bear market will take over, that has been the market trend and it will happen again.

Historical events usually do not repeat themselves. 

In my opinion, this time we will not see such a bear market as in 2018-2019. 

We will probably see a fundamentally new stage in the development of cryptocurrencies.  The modern financial system is transforming.  Central bank digital currencies (CBDCs) are being created ... Institutional investors are entering the cryptocurrency industry en masse ... The situation in the crypto industry is not the same as it was at the end of 2017.  Government regulation of cryptocurrencies may increase.  Most likely, bans and restrictions will be introduced. 

In this situation, it is advisable not to spend part of the proceeds from participation in advertising campaigns on the Bitcointalk forum on household needs. 

Bitcoins (satoshi) are, in the long term, a more valuable asset than US dollars.

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April 16, 2021, 10:32:40 AM
 #805

When you say "trading" are you a day trader? That is also a kind of gambling I would say.
Yes, I am a day trader. I can't wait more to see huge profit. Simply, I get my entry on top listed coins or tokens then after getting a significant profit like 10% or more in a day, I exit my entry on that. I don't want to wait long. My target is $100 in a daily basis though it isn't fulfilled all the time, but I tried my best ti make it happen.

Agreed with you that this day trading is one kind of gambling. But I am not stressful which comes in gambling mostly. Gambling often makes me stressed.

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April 16, 2021, 11:13:45 AM
 #806

I have my past experience working with some gambling site and some you'll get paid on their platform which I think is also a good strategy to attract hunters but personally I don't gamble that much using that funds so I have to hold and withdraw it when its already enough to cover the withdrawal fees.

I still prefer to participate on signature campaign that pays through your personal bitcoin address because you have a better option to spend it or not and you'll get the exact amount of your earnings because you'll not going to pay any fees just. I do spend my earnings for my daily expenses, this is a big help.

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April 16, 2021, 11:47:58 AM
 #807

I have my past experience working with some gambling site and some you'll get paid on their platform which I think is also a good strategy to attract hunters but personally I don't gamble that much using that funds so I have to hold and withdraw it when its already enough to cover the withdrawal fees.

I still prefer to participate on signature campaign that pays through your personal bitcoin address because you have a better option to spend it or not and you'll get the exact amount of your earnings because you'll not going to pay any fees just. I do spend my earnings for my daily expenses, this is a big help.

To be honest I also prefer signature campaigns that pay participants directly to their personal wallets rather than through their platform.
Because as you said, we as participants do not need to pay any more withdrawal fees, but if the gambling platforms are available the option of
altcoins to withdraw is not a problem, because the fees with altcoins are usually not very high. Luckily the signature campaign gambling that
I am working on now pays the participants directly to their personal wallets, so I no longer need to bother making withdrawals.

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April 16, 2021, 12:57:10 PM
 #808

Very simple: all earnings on "black"! Tongue No, you are right because the bull run turns out to be so valuable even for minor income in BTC that it is worth holding onto some of the earnings for sure. When you say "trading" are you a day trader? That is also a kind of gambling I would say.
Too many discussions about trading and gambling about its differences and similarities. Having that said, you're right that with small amount of btc that were accumulated became larger these days.
Knowing that bitcoin has reached to $64k and then became $62k later which is still another all time high that has been reached.

We will then see the $70k soon but $100k is really possible, the bullishnesh of the market this season is way bigger compared to the past and I think to be more optimistic too that $100k is possible. For my earning, I don't really hold or accumualte now, I spent it since it does not fit with my principle to accumuate at bull run even if I only earn it, still considered it as accumulation.

Everything is possible. Just think about how many % of BTC total supply is in the hands of big players now. I bet the exchanges control up to 50% of all BTC in circulation. They can push the price to wherever they want to push it. And they certainly will at some point.

Of course I know that, but I also believe that timing is important because bull run does not happen all the time, for sure after a bull run a bear market will take over, that has been the market trend and it will happen again.

Doesn't have to be a bear market, it could also stabilize for a good while and just go sideways. We have seen that in the past, too.

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April 16, 2021, 06:07:41 PM
 #809

You can read a lot of numbers out there. Some experts say it can easily go to a million, but you also have those who say it will go to zero. I am 100% confident it will never go to zero. Tongue Smiley
It can go to a million but no one will really have to know when, they're all speculations. Me too, not going to zero, it's just another myth. Smiley
This is a new ATH and really a huge jumped that happened.

A lots of money being played inside this industry, more and more institutional investors are also inside the market, better to continue
believing that this will continue, save most of  your crypto earnings, use lesser amount / value if you are also involves with gambling,
there are good things that still pending and more surprises inside this industry.
If you use it for gambling, you can do that and they're lesser in terms of sats because the value has increased a lot.

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April 16, 2021, 09:17:39 PM
 #810

You can read a lot of numbers out there. Some experts say it can easily go to a million, but you also have those who say it will go to zero. I am 100% confident it will never go to zero. Tongue Smiley
It can go to a million but no one will really have to know when, they're all speculations. Me too, not going to zero, it's just another myth. Smiley

People are exaggerating, going to millions and going to zero, that's not likely to come anytime soon, but comparing the two probabilities, bitcoin will go to millions is likely, however not instant or in a bull run like this, it will take time and with good foundation, it could happen since demand will continue while supply will continue to be lesser as well knowing how people are holding bitcoin.

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April 16, 2021, 09:47:23 PM
 #811

I have my past experience working with some gambling site and some you'll get paid on their platform which I think is also a good strategy to attract hunters but personally I don't gamble that much using that funds so I have to hold and withdraw it when its already enough to cover the withdrawal fees.
Yeah that understandable, not all of participants of the campaign would gladly to gamble away their earnings due to some various reasons. Meanwhile I have the same thought that it's a good strategy, by this way the company indirectly force participants of the campaign to gamble on the platform particularly if the payment was less than the minimum amount of withdrawal.
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April 16, 2021, 09:55:35 PM
 #812

I have my past experience working with some gambling site and some you'll get paid on their platform which I think is also a good strategy to attract hunters but personally I don't gamble that much using that funds so I have to hold and withdraw it when its already enough to cover the withdrawal fees.
Yeah that understandable, not all of participants of the campaign would gladly to gamble away their earnings due to some various reasons. Meanwhile I have the same thought that it's a good strategy, by this way the company indirectly force participants of the campaign to gamble on the platform particularly if the payment was less than the minimum amount of withdrawal.
Do you think that there would be no complaints if participants wont able to withdraw because of high fees? If thats the case then thats really a very shady act of the casino.
They are just indirectly telling that they should play with those funds but for sure it wouldnt really be tolerated because it will really be on exchange of sites reputation
unless if fees are dynamic or just depending on the network then that would really be a valid reason but if its set on purpose then thats really not something appealing at all.
Most of gambling company signature campaign participants would most likely to withdraw their payment.

R


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April 16, 2021, 09:59:07 PM
 #813

Very simple: all earnings on "black"! Tongue No, you are right because the bull run turns out to be so valuable even for minor income in BTC that it is worth holding onto some of the earnings for sure. When you say "trading" are you a day trader? That is also a kind of gambling I would say.
Too many discussions about trading and gambling about its differences and similarities. Having that said, you're right that with small amount of btc that were accumulated became larger these days.
Knowing that bitcoin has reached to $64k and then became $62k later which is still another all time high that has been reached.
We will then see the $70k soon but $100k is really possible, the bullishnesh of the market this season is way bigger compared to the past and I think to be more optimistic too that $100k is possible. For my earning, I don't really hold or accumualte now, I spent it since it does not fit with my principle to accumuate at bull run even if I only earn it, still considered it as accumulation.
Everything is possible. Just think about how many % of BTC total supply is in the hands of big players now. I bet the exchanges control up to 50% of all BTC in circulation. They can push the price to wherever they want to push it. And they certainly will at some point.
They are indeed on exchanges but the question is, are they 100% the owner of such number of BTC circulatjng in the platform? But well of course they have the upper hand but still I don't think they'll even use that to their advantage to oump or dump the value.
And as the Gambling Industry now I think they have atleast the remaining 30% of the whole supply. Pandemic really did help to increase this holding on platforms.
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April 17, 2021, 05:27:37 PM
 #814

Agreed with this statement that use some of your earning in gambling and try to do trade because this bull run will make you rich if your strategy works. I am also involved in trading nowadays and already got some payment which make my fund 2x. So, I use my earnings in gambling and trading both.
I do not know if it is such a good idea to try trading right now, you can earn more money with it than with investing but when just holding your bitcoin is so profitable then why risk it? Just keep your coins and enjoy the profits we have had during the last year, this can be difficult to accept because most people have a desire to get more and more profits but the profits that something like bitcoin has given just in this year are so high that many investors never get to enjoy something like this during all their careers as investors.

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April 17, 2021, 05:33:25 PM
 #815

I do not know if it is such a good idea to try trading right now, you can earn more money with it than with investing but when just holding your bitcoin is so profitable then why risk it? Just keep your coins and enjoy the profits we have had during the last year, this can be difficult to accept because most people have a desire to get more and more profits but the profits that something like bitcoin has given just in this year are so high that many investors never get to enjoy something like this during all their careers as investors.
Pointing is okay for now. But it can be more and the amount can be huge if your strategy can work in trading. Besides, Btc can make you happy in future but at present altcoins can make the gap to fulfill and you will enjoy with your profit. That's what I want to mean and trying to understand. Choosing gambling can also make anyone pleasure if any big amount can be won in a short time.

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April 17, 2021, 05:54:42 PM
 #816

Very simple: all earnings on "black"! Tongue No, you are right because the bull run turns out to be so valuable even for minor income in BTC that it is worth holding onto some of the earnings for sure. When you say "trading" are you a day trader? That is also a kind of gambling I would say.
Too many discussions about trading and gambling about its differences and similarities. Having that said, you're right that with small amount of btc that were accumulated became larger these days.
Knowing that bitcoin has reached to $64k and then became $62k later which is still another all time high that has been reached.
We will then see the $70k soon but $100k is really possible, the bullishnesh of the market this season is way bigger compared to the past and I think to be more optimistic too that $100k is possible. For my earning, I don't really hold or accumualte now, I spent it since it does not fit with my principle to accumuate at bull run even if I only earn it, still considered it as accumulation.
Everything is possible. Just think about how many % of BTC total supply is in the hands of big players now. I bet the exchanges control up to 50% of all BTC in circulation. They can push the price to wherever they want to push it. And they certainly will at some point.
They are indeed on exchanges but the question is, are they 100% the owner of such number of BTC circulatjng in the platform? But well of course they have the upper hand but still I don't think they'll even use that to their advantage to oump or dump the value.
And as the Gambling Industry now I think they have atleast the remaining 30% of the whole supply. Pandemic really did help to increase this holding on platforms.

Exchanges are the real gold mines these days. Imagine taking 0.25% two sides from every single trade all day long from all coins traded on that exchange. There are a lot of huge exchanges with huge volumes. Take the volume, 0.5% of it and you know how much crypto value is going into exchanges' pockets every single day.
That's an enormous amount. Those who provide the infrastructure these days also control the supply. I am sure about that.

Once you control the supply, you can also impact the demand by holding coins back strategically, making it seem more scarce for a while than it actually is.

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April 17, 2021, 06:32:09 PM
 #817

I have my past experience working with some gambling site and some you'll get paid on their platform which I think is also a good strategy to attract hunters but personally I don't gamble that much using that funds so I have to hold and withdraw it when its already enough to cover the withdrawal fees.
Yeah that understandable, not all of participants of the campaign would gladly to gamble away their earnings due to some various reasons. Meanwhile I have the same thought that it's a good strategy, by this way the company indirectly force participants of the campaign to gamble on the platform particularly if the payment was less than the minimum amount of withdrawal.
There are several payouts on their platform and some directly in their own wallet so that there is no compulsion for them to bet on the site that is being promoted.
I also participated several times in gambling campaigns, not all specifically betting there are times when I have to withhold funds for the future and also other needs so that the promotions they do are really pure with a lot of freedom The things we have to be able to manage funds from campaign.

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April 17, 2021, 08:40:56 PM
 #818

~snip~
Yeah that understandable, not all of participants of the campaign would gladly to gamble away their earnings due to some various reasons. Meanwhile I have the same thought that it's a good strategy, by this way the company indirectly force participants of the campaign to gamble on the platform particularly if the payment was less than the minimum amount of withdrawal.
Do you think that there would be no complaints if participants wont able to withdraw because of high fees? If thats the case then thats really a very shady act of the casino.
~snip~
First of all, I'm not talking about the fees matters. Regardless of what kind of method they use to determine the fees on the platform, there are several campaigns in the past that give the payment to their platform and it less than the minimum amounts of withdrawal (especially to low rank such as FM or below, not too sure with the high rank but IIRC it's not). So if participants want to cash out the earnings immediately after the payment date, like or not they should gamble it away. I'm saying such as this since I had experienced it in the past.

There are several payouts on their platform and some directly in their own wallet so that there is no compulsion for them to bet on the site that is being promoted.
I also participated several times in gambling campaigns, not all specifically betting there are times when I have to withhold funds for the future and also other needs so that the promotions they do are really pure with a lot of freedom The things we have to be able to manage funds from campaign.
Yeah there is another option such as you did as well, after all it depends on how we manage the funds. Fortunately there no much such kind of campaign right now.
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April 17, 2021, 08:57:48 PM
 #819

If payments are sent to my personal wallet I always convert the coins into USD to avoid losing on value when price goes down otherwise i HODL it for future use

But if payments go into the casinos wallet where my funds are held I gamble it to try reach the minimum withdraw limit set by them which seems to be quite high on some of these platforms and disadvantages those with lesser funds who try to grow these accounts which ends in losing all funds to the casino.

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April 17, 2021, 09:01:41 PM
 #820

Every week the Payment gets credited mind doesn't stay within control. It starts to beat high, and a question arises why don't we give a try. This continues, and over the past few weeks earnings haven't got used for me. All the funds were spend on gambling. I used to secure sending it to the vault, but used to withdraw once the main account gets busted. Hoping for better weeks and develop self control.

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