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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)
tabas
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May 07, 2021, 10:36:39 AM
 #881

What I always do with my earning is that I always tend to use it in my Crypto selling business to earn more profit. I do signature campaign as sort of my sideline job and my main job is doing trading and selling cryptocurrencies. My current signature campaign has been giving me this great opportunity to earn and I thank then for that. So there you go. If you earn on bounty campaigns, use it to earn more money and more fiat. But of course that is just one amateur advise, you can seek others of course.
Is that crypto selling business that you have mentioned is being a full-time trader? or it's another thing that you do as a business? I always see people telling that trading is a business which isn't wrong. I just get that idea that whenever someone describes trading, it's a business.

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nakamura12
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May 07, 2021, 11:33:04 AM
 #882

What I always do with my earning is that I always tend to use it in my Crypto selling business to earn more profit. I do signature campaign as sort of my sideline job and my main job is doing trading and selling cryptocurrencies. My current signature campaign has been giving me this great opportunity to earn and I thank then for that. So there you go. If you earn on bounty campaigns, use it to earn more money and more fiat. But of course that is just one amateur advise, you can seek others of course.
Is that crypto selling business that you have mentioned is being a full-time trader? or it's another thing that you do as a business? I always see people telling that trading is a business which isn't wrong. I just get that idea that whenever someone describes trading, it's a business.
I also think the same way as you. What you quoted above made me think that it is a full time trading but there is a thought in my head that it may be a lending btc unless he has his own website where you can buy bitcoin and sell bitcoin at the same time but since it's from signature campaigns that is why I also think that it's full time trading.

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May 07, 2021, 05:46:17 PM
 #883

What I always do with my earning is that I always tend to use it in my Crypto selling business to earn more profit. I do signature campaign as sort of my sideline job and my main job is doing trading and selling cryptocurrencies. My current signature campaign has been giving me this great opportunity to earn and I thank then for that. So there you go. If you earn on bounty campaigns, use it to earn more money and more fiat. But of course that is just one amateur advise, you can seek others of course.
Is that crypto selling business that you have mentioned is being a full-time trader? or it's another thing that you do as a business? I always see people telling that trading is a business which isn't wrong. I just get that idea that whenever someone describes trading, it's a business.
I also think the same way as you. What you quoted above made me think that it is a full time trading but there is a thought in my head that it may be a lending btc unless he has his own website where you can buy bitcoin and sell bitcoin at the same time but since it's from signature campaigns that is why I also think that it's full time trading.
Let's just wait until he replies back to that question. Well, it's catching our curiosity when we see someone shares and talks about a crypto related business because most of the crypto jobs that we know are just the same as freelancing and being paid in crypto that their employer prefers.
Maybe there were some who did used their campaign earnings for lending?

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Ultegra134
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May 09, 2021, 06:17:00 AM
 #884


Plenty of answers are repeated and spam is certainly a thing, but I have noticed a big difference between the campaigns that took place in 2017 and particularly those in 2018, in which crappy posts were so incentivised that there were sections in the forum that had lost any utility for anyone. My current experience is that the campaigns that pay in bitcoin can choose who participates and that is often based on posting quality and merit. They do want posts that the people want to read.

This is true
low quality posts will always exist when people are incentivized to make a min number of posts with min characters and obligated to post on a determinate session of the forum, but campaigns seems way better now than in the past, the merit system definitely helped.

personally, I like the idea of having less rules on the obligation for number of posts and sessions but I also understand the other side, gambling companies will prefer to have users to post on the gambling parts of the forum to raise awareness on their product.

That's true, that is why there is a minimum, some give 15 a week, that's already very low and there's no reason one cannot fulfill that requirement if he values his spot in a campaign. This kind of job has low requirements, we just post, share our opinion and we are getting paid, this is a kind of privilege that we should enjoy and value since it's a way of getting free bitcoin which is very valuable now and in the future.
My campaign has a 15 minimum post requirement. I'm not a frequent poster though, due to being busy with work, I have limited time and prefer to post only when I'm actually free. I'd rather not spam posting a couple of posts just to get my post count up.

I believe that if you devote some time on here, you can easily make 40-50 quality posts per week without too much hassle.

 
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Mauser
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May 09, 2021, 07:05:00 AM
 #885

It's been a while since I looked at the thread and I am quite surprised how the poll turned out in the end. At the start the number of people who sold their signature earnings into fiat currency again was a very small. But now it is more than 60% of the people here who sell at least some of their signature earnings again. This might be related due to the high bitcoin price lately, but still there is so much room for bitcoins to improve. I would not sell any coins tight now. Gambling with our coins is fine because we can grow our crypto portfolio. But once we  sell our coins we won't profit from any future appreciation.
Ultegra134
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May 09, 2021, 08:23:06 AM
 #886

It's been a while since I looked at the thread and I am quite surprised how the poll turned out in the end. At the start the number of people who sold their signature earnings into fiat currency again was a very small. But now it is more than 60% of the people here who sell at least some of their signature earnings again. This might be related due to the high bitcoin price lately, but still there is so much room for bitcoins to improve. I would not sell any coins tight now. Gambling with our coins is fine because we can grow our crypto portfolio. But once we  sell our coins we won't profit from any future appreciation.
I'm sometimes also tempted to sell any earnings made by signature campaigns. However, I've already made the same mistake in the past and now I regret it. I used to make a decent amount of Bitcoin (for current standards) and had sold a large proportion of it back in 2017.

 
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yoylet07
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May 09, 2021, 08:52:44 AM
 #887

Hello. Where can I find out more about the signature campaign? How to join this campaign? TIA.
Oasisman
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May 09, 2021, 09:45:01 AM
 #888

It's been a while since I looked at the thread and I am quite surprised how the poll turned out in the end. At the start the number of people who sold their signature earnings into fiat currency again was a very small. But now it is more than 60% of the people here who sell at least some of their signature earnings again. This might be related due to the high bitcoin price lately, but still there is so much room for bitcoins to improve. I would not sell any coins tight now. Gambling with our coins is fine because we can grow our crypto portfolio. But once we  sell our coins we won't profit from any future appreciation.

Well yeah maybe because of the high Btc price. Though Gambling your Btc today will give you good return because of the high price as well. But not everyone has a high risk tolerance. So, they might as well sell it for necessities.
But in a long term perspective, selling your earnings today might be a big regret in the future.

Hello. Where can I find out more about the signature campaign? How to join this campaign? TIA.

This is not the right thread for this question.
Anything newbie related questions can be answered in this section.
It's going to be a long journey for you to be able to qualify in applying signature campaigns.

tiCeR
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May 09, 2021, 11:46:48 PM
 #889

It's been a while since I looked at the thread and I am quite surprised how the poll turned out in the end. At the start the number of people who sold their signature earnings into fiat currency again was a very small. But now it is more than 60% of the people here who sell at least some of their signature earnings again. This might be related due to the high bitcoin price lately, but still there is so much room for bitcoins to improve. I would not sell any coins tight now. Gambling with our coins is fine because we can grow our crypto portfolio. But once we  sell our coins we won't profit from any future appreciation.

Well yeah maybe because of the high Btc price. Though Gambling your Btc today will give you good return because of the high price as well. But not everyone has a high risk tolerance. So, they might as well sell it for necessities.
But in a long term perspective, selling your earnings today might be a big regret in the future.

Hello. Where can I find out more about the signature campaign? How to join this campaign? TIA.

This is not the right thread for this question.
Anything newbie related questions can be answered in this section.
It's going to be a long journey for you to be able to qualify in applying signature campaigns.

But there is a problem if you use your cryptocurrencies for gambling as that leads to taxable events. I believe it could entail taxation in the same sense as if you were to sell your cryptocurrencies.

Different laws all over the world, but I guess in most countries there is taxation for that situation.

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May 10, 2021, 04:50:18 AM
 #890

It's been a while since I looked at the thread and I am quite surprised how the poll turned out in the end. At the start the number of people who sold their signature earnings into fiat currency again was a very small. But now it is more than 60% of the people here who sell at least some of their signature earnings again. This might be related due to the high bitcoin price lately, but still there is so much room for bitcoins to improve. I would not sell any coins tight now. Gambling with our coins is fine because we can grow our crypto portfolio. But once we  sell our coins we won't profit from any future appreciation.
It's not might be the high prices, it is the high prices in my opinion. Although, I would say that I have become one of the 60% that you are talking about and I am starting to save all over again with no about a month under my belt, I hope that nothing eventful is going to happen so I don't have to sell my coins again, I plan to sell it by the end of the year if all goes well.

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May 10, 2021, 08:34:09 AM
 #891

I used to buy GPU-s with what I got from signature earnings and I was lucky because I bought cards that costs now 2500 EUR a piece with the price of 1100 EUR so I am very happy about that.Now that the price of GPU-s is untouchable for a normal person with a normal job like me I use the signature earnings to buy FUN tokens and keep them in my Freebitco.in balance.They give me some benefits and if the price go up it is a win win situation for me.

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May 10, 2021, 10:15:11 PM
 #892

I used to buy GPU-s with what I got from signature earnings and I was lucky because I bought cards that costs now 2500 EUR a piece with the price of 1100 EUR so I am very happy about that.Now that the price of GPU-s is untouchable for a normal person with a normal job like me I use the signature earnings to buy FUN tokens and keep them in my Freebitco.in balance.They give me some benefits and if the price go up it is a win win situation for me.
Diversify when you do have the opportunity even though sig earnings arent really that big but if you do able to save it out for investment purpose then it can really give out that chance.

Same as yours where i do make out some purchase of some cheap alts on my signature campaign earnings which is a form of diversifying even if its not big but it did really give out
some good results and make profits even more.It might not really be that big but still a considerable amount to have.

R


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May 10, 2021, 11:38:34 PM
 #893

I used to buy GPU-s with what I got from signature earnings and I was lucky because I bought cards that costs now 2500 EUR a piece with the price of 1100 EUR so I am very happy about that.Now that the price of GPU-s is untouchable for a normal person with a normal job like me I use the signature earnings to buy FUN tokens and keep them in my Freebitco.in balance.They give me some benefits and if the price go up it is a win win situation for me.
Diversify when you do have the opportunity even though sig earnings arent really that big but if you do able to save it out for investment purpose then it can really give out that chance.

Same as yours where i do make out some purchase of some cheap alts on my signature campaign earnings which is a form of diversifying even if its not big but it did really give out
some good results and make profits even more.It might not really be that big but still a considerable amount to have.

There have been great signature campaigns even though I missed. Sovryn was a good one that I missed but it's good to have a little chance to participate in the potential success of a promising project from time to time.

.
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May 10, 2021, 11:44:09 PM
 #894

There have been great signature campaigns even though I missed.
Don't regret it! There are still many great signature campaigns. I see you are also joining a good signature campaign, mate. It potentially gives you a good amount of money as well. If you still dream to join Sovryn project, just buy the token on the market. There are many ways to take profits from a crypto project, so don't focus on a signature campaign only.  Wink


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May 11, 2021, 04:28:42 PM
 #895

But there is a problem if you use your cryptocurrencies for gambling as that leads to taxable events. I believe it could entail taxation in the same sense as if you were to sell your cryptocurrencies.

Different laws all over the world, but I guess in most countries there is taxation for that situation.
Yes, the state collects taxes, one of which is income tax in my country. Until now, there are no specific rules for that in my country. This becomes purely appearing in the reporting as income tax.

So if he doesn't write it in the report, then in my country it may not be taxed. In addition, the government seems to have to work with exchange agencies to issue taxes if they want to collect Crypto tax results. So that the principle of anonymity can no longer be hidden.
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May 11, 2021, 09:46:32 PM
 #896

<...>
Most of us wont mind about the future but rather on the present time that we are currently doing doesnt really go ahead on what would the future would become.
We do have in mind that we can always arranged things up in order so that we wont really be experiencing any problems but the truth that the thing you had done
in the past will really be molding up something on you in the future.If you do deal with gambling on a very active manner then expect on what would happen next in future months or years to come.
You do earn those coins and its up to you on how you would gonna use it though.

interesting comment but you can include me on the team that is more future-focused

it has its advantages and disadvantages.

always have to have attention to my relationships, and remember to work less...

if I was only present focused not sure if I'd have all the motivation to do deadlifts and exercise with discipline, though thinking about the positive outcomes it'll bring me on older age I keep on it.

life is a matter of balance.

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May 11, 2021, 10:20:09 PM
 #897

I used to buy GPU-s with what I got from signature earnings and I was lucky because I bought cards that costs now 2500 EUR a piece with the price of 1100 EUR so I am very happy about that.Now that the price of GPU-s is untouchable for a normal person with a normal job like me I use the signature earnings to buy FUN tokens and keep them in my Freebitco.in balance.They give me some benefits and if the price go up it is a win win situation for me.
Diversify when you do have the opportunity even though sig earnings arent really that big but if you do able to save it out for investment purpose then it can really give out that chance.

Same as yours where i do make out some purchase of some cheap alts on my signature campaign earnings which is a form of diversifying even if its not big but it did really give out
some good results and make profits even more.It might not really be that big but still a considerable amount to have.

Learning how to diversify is very important, you can make more money out from your signature earnings if you know where to place
your invesment.

Some are into trading while others are doing it with gambling, some good and experienced gamblers do managed to win decently and cashout more from their siganture earnings. Depends from how you see the value of your earnings and how able to manage it correctly.
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May 11, 2021, 10:23:22 PM
 #898

There are really times which I do have some urge to gamble and tend to make my signature campaign earnings to make it big at least or stretch out for few amounts and luckily
out of all those attempts I did able to win and make money.

Whenever I do have some feeling that I do win then I do test out out of those signature earnings but there are instances that everything doesn't go on what I do hope for

but well its part of the reality where gambling isn't really for the sake of earning profits but rather for entertainment.

R


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May 11, 2021, 11:10:39 PM
 #899

~~~
Yep, that's what I mean exactly. Don't rely on the signature only, it is not always worth it. We have some alternatives to earn money from crypto, why we do not optimize the chance to get other income from those potential jobs, right?  Wink You have proven it and I guess you already got some money from those jobs. That's good, mate! Just continue it, and I hope investing or trading can be your main job in crypto. Then, the signature is a side job only.


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May 12, 2021, 11:32:26 AM
 #900

I used to buy GPU-s with what I got from signature earnings and I was lucky because I bought cards that costs now 2500 EUR a piece with the price of 1100 EUR so I am very happy about that.Now that the price of GPU-s is untouchable for a normal person with a normal job like me I use the signature earnings to buy FUN tokens and keep them in my Freebitco.in balance.They give me some benefits and if the price go up it is a win win situation for me.
Diversify when you do have the opportunity even though sig earnings arent really that big but if you do able to save it out for investment purpose then it can really give out that chance.

Same as yours where i do make out some purchase of some cheap alts on my signature campaign earnings which is a form of diversifying even if its not big but it did really give out
some good results and make profits even more.It might not really be that big but still a considerable amount to have.

Learning how to diversify is very important, you can make more money out from your signature earnings if you know where to place
your invesment.

Some are into trading while others are doing it with gambling, some good and experienced gamblers do managed to win decently and cashout more from their siganture earnings. Depends from how you see the value of your earnings and how able to manage it correctly.

that' quite interesting
some that earn money out of the forum may see the earnings of the sig campaigns as only some play money, or something to spend.
for me that live a quite simple lifestyle with not a lot of spending they could play a role on savings and on paying for bills and life stuff...

it's a really personal decision after all

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 Duelbits 
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TRY OUR UNIQUE GAMES!
    ◥ DICE  ◥ MINES  ◥ PLINKO  ◥ DUEL POKER  ◥ DICE DUELS   
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