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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)
KTChampions
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April 24, 2021, 10:16:29 PM
 #841

Well o most all payments are in bitcoin.And the fees are outrages.2 days ago the fee was 35$ that is not okay at all.I wish they all change to some altcoins for payment because this just eats it all up.Hopefully the fees get lower soon.If not payments will be useless mostly.O most half or more the earning fees eat up

It's funny enough that if the commissions fall significantly, this will mean that the price of the cryptocurrency has also dropped significantly, thus the opportunity to withdraw your funds cheaply will appear, but at the same time the size of your funds (in dollars) will significantly decrease  Cheesy

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South Park
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April 25, 2021, 09:13:25 PM
 #842

I got a payment few days back on casino's wallet and the withdrawal fees are so high which is more than my one week's payment. Unfortunately that was the last week whenever I joined that campaign. So, I can't withdraw my funds till now. I think for hunters, it should be free for withdrawal the funds for a certain period.
There is no difference between campaign participant and regular players on the site if they wish to withdraw fund from the site. The withdrawal fee will usually be borne by the user and it is usually like that. If you have objection, maybe you can exclude such campaign in the future and join only those campaigns that pay directly into your own wallet. Bitcoin and ethereum transaction fee are currently increasing, and you may be able to choose an altcoin withdrawal option (if any) as it has low transaction fee.
If a person has no intention to gamble then you are right, this person needs to exclude the campaigns that pay to their casino wallet instead of one they control exclusively, however if you actually gamble this can be an advantage, as we know the fees can be a problem for those that are moving a small amount of money but if you get deposited directly to the casino wallet then you saved yourself the cost of a transaction and this is a life saver for those kind of people.
yazher
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April 25, 2021, 09:22:06 PM
 #843

Yes, indeed. It really makes me happy when bitcoin drops a bit before the manager calculates the weekly payments for the signature campaign. I know it's not much, but still. It will be good to see that I received more than expected when the price resumes its upward trend.
With the bitcoin price now is down, you can get more satoshi than usual, and if you can hold it for a while until the price can back increase to $60k, you can make more money by selling the bitcoin. But if you use that income to gamble and lose, that can not make you have the money. But I guess some people will convert their bitcoin into an altcoin to still play gambling without thinking about the price.

Yeah, people have different mindsets in this industry and most of them will not have any patience to hold because they only have few sources of income and the pandemic is worsening in some parts of the world especially India. as you can see, some of the holders rush to get their money to spend because things are not going easy for them this time. some of the people have not yet decided to withdraw their BTC due to some hope that the price in the market will likely rise again after this event.
KTChampions
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April 25, 2021, 10:52:58 PM
 #844


Yeah, people have different mindsets in this industry and most of them will not have any patience to hold because they only have few sources of income and the pandemic is worsening in some parts of the world especially India. as you can see, some of the holders rush to get their money to spend because things are not going easy for them this time. some of the people have not yet decided to withdraw their BTC due to some hope that the price in the market will likely rise again after this event.

The overwhelming majority of people in the modern world spend more than they earn (use loans), so it is difficult to blame them for their lack of patience - they have the necessary expenses and they have to make them. Few lucky ones have the opportunity to invest with savings or invest credit money with courage.

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dunfida
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April 25, 2021, 11:30:02 PM
 #845


Yeah, people have different mindsets in this industry and most of them will not have any patience to hold because they only have few sources of income and the pandemic is worsening in some parts of the world especially India. as you can see, some of the holders rush to get their money to spend because things are not going easy for them this time. some of the people have not yet decided to withdraw their BTC due to some hope that the price in the market will likely rise again after this event.

The overwhelming majority of people in the modern world spend more than they earn (use loans), so it is difficult to blame them for their lack of patience - they have the necessary expenses and they have to make them. Few lucky ones have the opportunity to invest with savings or invest credit money with courage.
This is the sad reality on which these decisions do mostly end up on a mess when you do tolerate this kind of behavior on where you do take some loans just to fill out that kind of thing in mind.

When it comes to expenses then it would vary to person to person because not all would really be having that kind of mindset where there are still people who are sensible towards into  their

financial management neither those came from other sources like campaigns or other freelancing works or some sort then it doesnt matter.

cryptomaniac_xxx
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April 26, 2021, 12:21:26 AM
 #846

Well I can only hold as much as what my signature campaign is paying.

Unfortunately though, this month, I started to withdraw and used it for my gambling (sports betting). So far it's a so-so performance, neither win or lose, so I'm still on the break even. I wanted to withdraw and not proceed with it. But what the hell, I'll go and continue with my gambling and then see how it goes.

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bitzizzix
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April 26, 2021, 02:00:48 AM
 #847

Well I can only hold as much as what my signature campaign is paying.

Unfortunately though, this month, I started to withdraw and used it for my gambling (sports betting). So far it's a so-so performance, neither win or lose, so I'm still on the break even. I wanted to withdraw and not proceed with it. But what the hell, I'll go and continue with my gambling and then see how it goes.
Maybe it's just a curiosity because because your betting position is lucky, you don't win and don't lose and are still in a lucky position because you didn't lose some of the bitcoins you have.
If you have expertise in sports betting there is nothing wrong with using it and hopefully you win so that the bitcoin or other coins you bet from your Signature Campaign payouts can increase, and I personally prefer to hold it for fear of losing and I have tried it but it doesn't work and always lost, so I chose signature campaign payments to hold it in the long run because I didn't want to lose anymore.
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April 26, 2021, 02:34:31 AM
 #848

I got a payment few days back on casino's wallet and the withdrawal fees are so high which is more than my one week's payment. Unfortunately that was the last week whenever I joined that campaign. So, I can't withdraw my funds till now. I think for hunters, it should be free for withdrawal the funds for a certain period.
That is one problem too that I faced when I joined a campaign that puts your signature campaign earnings in their exchange. Their withdrawal fee is too high that it is unbearable and there are times too in my experience that the withdrawal fee eats up almost a quarter of my total earnings in that website.

Luckily I joined a campaign right now that provides our own SegWit address and because of that, I'm able to withdraw my earnings using a lower transaction fee (just make a timing when withdrawing). I think for you, the best solution is that you either wait for the fee in the website to go down or just withdraw it while your eyes closed.

Now with regards to hunters having a free withdrawal in the casino, I don't think that will happen. Like I said I joined a signature campaign for 2 years and that thing didn't happen and I don't think that there are some hunters here who experienced that thing. That their withdrawal will be free.

Bitinity
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April 26, 2021, 05:01:06 AM
 #849

I got a payment few days back on casino's wallet and the withdrawal fees are so high which is more than my one week's payment. Unfortunately that was the last week whenever I joined that campaign. So, I can't withdraw my funds till now. I think for hunters, it should be free for withdrawal the funds for a certain period.

I'm not sure which campaign and casino's wallet you were participating in but afaik the only campaigns that pays the participants on the casino's account is Stake. Were you at that campaign and now your balance is stuck because you need to pay high withdrawal fee? If so, I suggest you to use dinabot to exchange your bitcoin into other altcoin so you can withdraw it with cheaper fee.
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April 27, 2021, 04:59:34 AM
 #850

Yes, indeed. It really makes me happy when bitcoin drops a bit before the manager calculates the weekly payments for the signature campaign. I know it's not much, but still. It will be good to see that I received more than expected when the price resumes its upward trend.
With the bitcoin price now is down, you can get more satoshi than usual, and if you can hold it for a while until the price can back increase to $60k, you can make more money by selling the bitcoin. But if you use that income to gamble and lose, that can not make you have the money. But I guess some people will convert their bitcoin into an altcoin to still play gambling without thinking about the price.

Yeah, people have different mindsets in this industry and most of them will not have any patience to hold because they only have few sources of income and the pandemic is worsening in some parts of the world especially India. as you can see, some of the holders rush to get their money to spend because things are not going easy for them this time. some of the people have not yet decided to withdraw their BTC due to some hope that the price in the market will likely rise again after this event.
I am shocked to see what happened in India. The news on television or the internet gives an image India now has new mutations of the pandemic.

I am sure the holders have their reason why they can not hold longer. But I guess many of them have an urgent need to be filled, so they sell some bitcoin they have to solve the urgent thing. But I am sure they still hold the rest of bitcoin in their wallet and wait for the bitcoin price increases.



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Kong Hey Pakboy
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April 27, 2021, 05:07:23 AM
 #851

So basically you spend your payouts hedonistic styles. There is nothing wrong with that but are you saving money or investing some of your payouts in your campaigns because if not, that would be really bad for you or maybe I might be wrong and the money that you earn in this campaign is just a side hustle for you.

This is a philosophical question ...

Hodl is very important.  Of course, regularly set aside some of your monthly income (investments, savings).  However, an interesting lifestyle is also very important.  Even on this forum there are many people who are losing money due to their addiction to gambling.  At the same time, if you have an interesting lifestyle, then you will not take excessive risks in gambling and trading.  Your gambling will be directed towards other things. 

You will have many friends and acquaintances, which will significantly increase your income.  For many people, their income level is not growing because they are comfortable with having a certain income level. 

If you have a very interesting lifestyle, this will stimulate you to constantly look for ways to increase your income. 

However, this will not be associated with increased stress.  You will have a very strong incentive to grow in this regard.
That's not a philosophical question, hedonistic lifestyle means that you are living an extravagant and pleasure driven lifestyle which is not bad unless you hurt someone or yourself when you are exercising your lifestyle. It's good that you still hodl because I would feel bad for you if you don't have a bitcoin when it continues to pump.

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DoublerHunter
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April 27, 2021, 12:55:13 PM
 #852

I got a payment few days back on casino's wallet and the withdrawal fees are so high which is more than my one week's payment. Unfortunately that was the last week whenever I joined that campaign. So, I can't withdraw my funds till now. I think for hunters, it should be free for withdrawal the funds for a certain period.

I'm not sure which campaign and casino's wallet you were participating in but afaik the only campaigns that pays the participants on the casino's account is Stake. Were you at that campaign and now your balance is stuck because you need to pay high withdrawal fee? If so, I suggest you to use dinabot to exchange your bitcoin into other altcoin so you can withdraw it with cheaper fee.

^ I did not hear that dinabot, is that reliable to use and how it will work. They have an ANNthread here?
Nope, there are too many of them here paying participants through their casino wallet, and as far as I remember, bustadice is also paying through their account in the casino. But for me, if I do not need money, I better withdraw my earnings after a month, not on weekly basis, because probably in that way, I can save fees if I rarely withdraw it. Nevertheless, I can say, my signature is very helpful in my living, it served as an extra earning that could cover other expenses and a small percentage on it I spare to gamble or whatever I want.
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April 27, 2021, 06:14:10 PM
 #853

I'm not sure which campaign and casino's wallet you were participating in but afaik the only campaigns that pays the participants on the casino's account is Stake. Were you at that campaign and now your balance is stuck because you need to pay high withdrawal fee? If so, I suggest you to use dinabot to exchange your bitcoin into other altcoin so you can withdraw it with cheaper fee.

I was joined Futuur campaign and got paid after then the scenario I already explained in previous messages here. I just joined for the last week and got payment too. Still can't withdraw my funds due to network fee and they sent the funds to their Futuur wallet. That's why, I prefer my own wallet to get paid.

Ultegra134
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April 27, 2021, 06:19:51 PM
 #854

I got a payment few days back on casino's wallet and the withdrawal fees are so high which is more than my one week's payment. Unfortunately that was the last week whenever I joined that campaign. So, I can't withdraw my funds till now. I think for hunters, it should be free for withdrawal the funds for a certain period.

I'm not sure which campaign and casino's wallet you were participating in but afaik the only campaigns that pays the participants on the casino's account is Stake. Were you at that campaign and now your balance is stuck because you need to pay high withdrawal fee? If so, I suggest you to use dinabot to exchange your bitcoin into other altcoin so you can withdraw it with cheaper fee.

I wasn't familiar that there were signature campaigns paying directly to their casinos' account. To be honest, it might be more efficient, in terms of time and money (transaction fees), but I wouldn't opt for it. The reason for myself is pretty simple, I would definitely get carried away if I had a larger balance on any of my gambling accounts.

The time and money I'll need to make a deposit would be enough to deter me from spending more money if I ever get emotional.

R


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Lanatsa
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April 27, 2021, 09:07:21 PM
 #855

I got a payment few days back on casino's wallet and the withdrawal fees are so high which is more than my one week's payment. Unfortunately that was the last week whenever I joined that campaign. So, I can't withdraw my funds till now. I think for hunters, it should be free for withdrawal the funds for a certain period.

I'm not sure which campaign and casino's wallet you were participating in but afaik the only campaigns that pays the participants on the casino's account is Stake. Were you at that campaign and now your balance is stuck because you need to pay high withdrawal fee? If so, I suggest you to use dinabot to exchange your bitcoin into other altcoin so you can withdraw it with cheaper fee.

I wasn't familiar that there were signature campaigns paying directly to their casinos' account. To be honest, it might be more efficient, in terms of time and money (transaction fees), but I wouldn't opt for it. The reason for myself is pretty simple, I would definitely get carried away if I had a larger balance on any of my gambling accounts.

The time and money I'll need to make a deposit would be enough to deter me from spending more money if I ever get emotional.
Based up on experience, im bit aware that Fortunejack,Betnomi and others I had totally forgot which had really this kind of payment system where they do credit out those sig pay
into their gambling accounts.

If you do find it troublesome just because it do give out some chance for you to play with those earnings then its most likely a personal problem rather than to be applied generally.

Majority will really be withdrawing those but the thing I don't like is that your earnings would be totally deducted by fees which do sucks compared if the pay
are sent directly to your wallet then that is much more preferable.

R


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Ultegra134
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April 27, 2021, 09:16:34 PM
 #856

I got a payment few days back on casino's wallet and the withdrawal fees are so high which is more than my one week's payment. Unfortunately that was the last week whenever I joined that campaign. So, I can't withdraw my funds till now. I think for hunters, it should be free for withdrawal the funds for a certain period.

I'm not sure which campaign and casino's wallet you were participating in but afaik the only campaigns that pays the participants on the casino's account is Stake. Were you at that campaign and now your balance is stuck because you need to pay high withdrawal fee? If so, I suggest you to use dinabot to exchange your bitcoin into other altcoin so you can withdraw it with cheaper fee.

I wasn't familiar that there were signature campaigns paying directly to their casinos' account. To be honest, it might be more efficient, in terms of time and money (transaction fees), but I wouldn't opt for it. The reason for myself is pretty simple, I would definitely get carried away if I had a larger balance on any of my gambling accounts.

The time and money I'll need to make a deposit would be enough to deter me from spending more money if I ever get emotional.
Based up on experience, im bit aware that Fortunejack,Betnomi and others I had totally forgot which had really this kind of payment system where they do credit out those sig pay
into their gambling accounts.

If you do find it troublesome just because it do give out some chance for you to play with those earnings then its most likely a personal problem rather than to be applied generally.

Majority will really be withdrawing those but the thing I don't like is that your earnings would be totally deducted by fees which do sucks compared if the pay
are sent directly to your wallet then that is much more preferable.
It's mostly a personal preference, nothing else. I just prefer having control over my earnings on my own wallet and then proceed to deposit if I ever need to. I'm not implying that providing with the option to pay directly to your casino account is a negative, on the contrary, it's a benefit, but only for those who opt for it.

As for myself, I'd prefer not to, but that's just my preference, it's just easier to be in control of your funds. Nonetheless, I'm only gambling with small amounts, it's not like that I have gambling issues and can't hold myself.

R


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michellee
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April 28, 2021, 06:21:53 AM
 #857

It's mostly a personal preference, nothing else. I just prefer having control over my earnings on my own wallet and then proceed to deposit if I ever need to. I'm not implying that providing with the option to pay directly to your casino account is a negative, on the contrary, it's a benefit, but only for those who opt for it.

As for myself, I'd prefer not to, but that's just my preference, it's just easier to be in control of your funds. Nonetheless, I'm only gambling with small amounts, it's not like that I have gambling issues and can't hold myself.
Because sometimes, if the income is sent to their account in the gambling site, it can make them tempting to use for gambling and once they found excitement in the gambling games, they will forget to manage their income instead of playing gambling. The benefit of having the income sent to the wallet is that we can hold it without sending it to the other wallet if we do not need it. And that can prevent us from sending the money to the gambling site if we want to sell bitcoin at a high price.

But no matter if the income is sent to your gambling account or your wallet, you need to manage the funds and not use them for just playing gambling. Your life is not for playing gambling and you have many things that you need to do.



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April 28, 2021, 06:56:10 AM
 #858

It's mostly a personal preference, nothing else. I just prefer having control over my earnings on my own wallet and then proceed to deposit if I ever need to. I'm not implying that providing with the option to pay directly to your casino account is a negative, on the contrary, it's a benefit, but only for those who opt for it.

As for myself, I'd prefer not to, but that's just my preference, it's just easier to be in control of your funds. Nonetheless, I'm only gambling with small amounts, it's not like that I have gambling issues and can't hold myself.
Because sometimes, if the income is sent to their account in the gambling site, it can make them tempting to use for gambling and once they found excitement in the gambling games, they will forget to manage their income instead of playing gambling. The benefit of having the income sent to the wallet is that we can hold it without sending it to the other wallet if we do not need it. And that can prevent us from sending the money to the gambling site if we want to sell bitcoin at a high price.

But no matter if the income is sent to your gambling account or your wallet, you need to manage the funds and not use them for just playing gambling. Your life is not for playing gambling and you have many things that you need to do.

it's all up to each of us. i can control my betting or simply just minimize loss at least just to satisfy myself that i still bet. after all, a small amount can win big if the odds of an MMA fight is really a mismatch.  Grin  $20 could win up to $120, that's really big considering that anything could happen in the UFC cage. a slight mistake makes a different result, it could end a round while the dominant fighter losses via rearnaked choke.

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Natalim
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April 28, 2021, 09:31:43 AM
 #859

It's mostly a personal preference, nothing else. I just prefer having control over my earnings on my own wallet and then proceed to deposit if I ever need to. I'm not implying that providing with the option to pay directly to your casino account is a negative, on the contrary, it's a benefit, but only for those who opt for it.

As for myself, I'd prefer not to, but that's just my preference, it's just easier to be in control of your funds. Nonetheless, I'm only gambling with small amounts, it's not like that I have gambling issues and can't hold myself.
Because sometimes, if the income is sent to their account in the gambling site, it can make them tempting to use for gambling and once they found excitement in the gambling games, they will forget to manage their income instead of playing gambling. The benefit of having the income sent to the wallet is that we can hold it without sending it to the other wallet if we do not need it. And that can prevent us from sending the money to the gambling site if we want to sell bitcoin at a high price.

But no matter if the income is sent to your gambling account or your wallet, you need to manage the funds and not use them for just playing gambling. Your life is not for playing gambling and you have many things that you need to do.

it's all up to each of us. i can control my betting or simply just minimize loss at least just to satisfy myself that i still bet. after all, a small amount can win big if the odds of an MMA fight is really a mismatch.  Grin  $20 could win up to $120, that's really big considering that anything could happen in the UFC cage. a slight mistake makes a different result, it could end a round while the dominant fighter losses via rearnaked choke.


In any game, there's always the huge underdog, and they will give good odds for the underdog, you'll win big if you are indeed lucky but always remember that high odds usually have less chance of winning. However, if you are confident and you enjoy what you are doing, then it should not be a problem as you know exactly your chances of winning.

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April 28, 2021, 10:23:55 AM
Last edit: April 28, 2021, 11:41:52 AM by xandry
 #860

For what I can see most of the people that are in signature campaigns that pay in bitcoin are the ones that have the best post quality
Bullshit. You are in the section for gambling and here write just those who get a payment in bitcoin. However, the section is swamped with the same type of discussion, and especially a lot can be found when users simply repeat one answer after another. There’s a lot of signature spammers as altcoin section.
Elementary example: I see an incredible number of discussions about what now (or once) high transaction fee.

^ I did not hear that dinabot, is that reliable to use and how it will work. They have an ANNthread here?
*** CryptoGamblersPub *** Exchange between/inside crypto gambling sites

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