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Author Topic: If you win so big  (Read 687 times)
Pierre 2
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October 26, 2022, 04:00:56 AM
 #121

50000 dollars would bring me nothing more than nice car in my country honestly. If I don't think about that, well I would be even more relaxed than now in workplace because I am already working towards building wallet to retire early, really early like somewhere between 35 and 40 as in age. When I think about your question in general, I would say yes, I would stop gambling at would deposit that money to my bank account.
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October 26, 2022, 05:03:29 AM
 #122

As a responsible gambler, I know we don't let gambling change our lifestyle. If today is your luckiest day ever in gambling,on your first game you won the sum of $50 000.
First, will you quit the game immediately and withdraw all your funds or will you play for awhile because you are excited.
Will prefer to withdraw and still play with the funds commonly used to play means never increasing the betting limit.

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?
With this value, it can only be used to buy a house with average quality in my country, so changing the lifestyle with only that value will make life worse because it is easier to change the lifestyle to luxury than to return to a simple life.
Investing would be better if it was earned in btc holding it at a percentage of 75% would make the asset rise quite high when the market is bullish.

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October 26, 2022, 05:12:02 AM
 #123

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?
I will choose the second choice, the winning amount of $50,000 is only once a time and you can't hope you will get another $50,000 every month, week or day. If you upgrade your lifestyle and you don't have a good job, how it's possible for you to life and maintain your new big house? Just invest the winning amount in Bitcoin and hold it for around 10 years, you will get a good return and you can open a new business.

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October 26, 2022, 02:28:02 PM
 #124

I think responsible gamblers don't bet big so it is impossible for them to win big too. This is why it's hard to tell if it's really our lucky day or not but maybe one way to tell it is if a very high multiplier came out like 10kx or more in your early spins. If that is the case then I will continue playing not because I am excited to win more but because it's too early to stop yet.

Do not forget that responsible gamblers are only playing for fun. Given that the money that I won isn't big, this won't be enough to make a big change but ill only save the money so that I can use it on my next playing session and I don't need to use my own personal funds for a while.

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October 26, 2022, 05:30:57 PM
 #125

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?
I will choose the second choice, the winning amount of $50,000 is only once a time and you can't hope you will get another $50,000 every month, week or day. If you upgrade your lifestyle and you don't have a good job, how it's possible for you to life and maintain your new big house? Just invest the winning amount in Bitcoin and hold it for around 10 years, you will get a good return and you can open a new business.
But don't invest all the money in bitcoin because you also need money for urgent needs so it doesn't interfere with your bitcoin investment. At least, you can use half of the total money to invest in bitcoin and use half to survive and I think that should be enough to last for a while. Or, from the remaining half, you can divide it again to survive and open a new business so that you have a busy life while waiting for the bitcoin price to rise again. It will be better to have income that can be used for survival purposes and can also save for the future.

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October 26, 2022, 05:39:46 PM
 #126

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?
I will choose the second choice, the winning amount of $50,000 is only once a time and you can't hope you will get another $50,000 every month, week or day. If you upgrade your lifestyle and you don't have a good job, how it's possible for you to life and maintain your new big house? Just invest the winning amount in Bitcoin and hold it for around 10 years, you will get a good return and you can open a new business.
But don't invest all the money in bitcoin because you also need money for urgent needs so it doesn't interfere with your bitcoin investment. At least, you can use half of the total money to invest in bitcoin and use half to survive and I think that should be enough to last for a while. Or, from the remaining half, you can divide it again to survive and open a new business so that you have a busy life while waiting for the bitcoin price to rise again. It will be better to have income that can be used for survival purposes and can also save for the future.

Good money management for you to be able to sustain your new life,investing is a good idea if you have that huge amount, though it's not limited to bitcoin or crypto, you always have other options just make sure to sort things out and pick the best option based from how you did your research, for the meantime spare some amount to enjoy you deserve it, this kind of opportunity is not always so better to allocate some amount to enjoy life.

The rest will be depends on how you see your future and how you will handle that kind of fortune that being given to you.

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October 26, 2022, 05:43:03 PM
 #127

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?
I will choose the second choice, the winning amount of $50,000 is only once a time and you can't hope you will get another $50,000 every month, week or day. If you upgrade your lifestyle and you don't have a good job, how it's possible for you to life and maintain your new big house? Just invest the winning amount in Bitcoin and hold it for around 10 years, you will get a good return and you can open a new business.
But don't invest all the money in bitcoin because you also need money for urgent needs so it doesn't interfere with your bitcoin investment. At least, you can use half of the total money to invest in bitcoin and use half to survive and I think that should be enough to last for a while. Or, from the remaining half, you can divide it again to survive and open a new business so that you have a busy life while waiting for the bitcoin price to rise again. It will be better to have income that can be used for survival purposes and can also save for the future.
Yes, I agree with you. Many of us invest all the money without realizing it. But many of us forget to save some money for his daily expense. Which in turn cash out invested money. Not only that, when the market is bearish, we have to sell assets at low prices to meet the necessary expenses. So definitely all the money should not be invested in any way.

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October 26, 2022, 05:59:09 PM
 #128

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?
I would definitely cashout that sum of money and invest in a piece of land, so I could start building a productive countryside property. With 50,000$ it's possible to acquire almost 30 acres of land in a desert area, what means a lot of potential for different kinds of activities, from farming to tourism, so I really can't keep risking this money gambling while it could be much more worthful if used to invest in something productive. Someone should never hold fiat on his hands for too long. Invest it as soon as possible, because each day you hold fiat, its value fades continuously through your fingers.

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October 26, 2022, 06:43:36 PM
 #129

As a responsible gambler, I know we don't let gambling change our lifestyle. If today is your luckiest day ever in gambling,on your first game you won the sum of $50 000.
First, will you quit the game immediately and withdraw all your funds or will you play for awhile because you are excited.

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?

I would delay my work for a while. Then I took it on a world tour. We come to this life once and I want to see many places in the world. I would try to live without vanity and greed. I used to help my close relatives around me. Most importantly, I would invest. I did not think about the investment issue, if I really win such an amount then I will. I would pay the education expenses of the young people. I used to support young people in this process when education is now very expensive. I hope I have money left after doing all this Smiley

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October 26, 2022, 11:14:29 PM
 #130

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?
I would definitely cashout that sum of money and invest in a piece of land, so I could start building a productive countryside property. With 50,000$ it's possible to acquire almost 30 acres of land in a desert area, what means a lot of potential for different kinds of activities, from farming to tourism, so I really can't keep risking this money gambling while it could be much more worthful if used to invest in something productive. Someone should never hold fiat on his hands for too long. Invest it as soon as possible, because each day you hold fiat, its value fades continuously through your fingers.
Real estates in short on which this is what im eyeing to buy as much as i could and since its expensive then i dont really have the chance on owning lots but if i do have the chance on winning big amount on
gambling then i do know my priorities but since i dont gamble that much this is why i dont really expect that i would really be getting this kind of situation on hitting big but if given a chance
and would be that lucky on winning big then i would definitely be spending it on investments physically and leave a small amount to be played again on
gambling but not really that much.

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October 27, 2022, 12:30:51 AM
 #131

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?
I will choose the second choice, the winning amount of $50,000 is only once a time and you can't hope you will get another $50,000 every month, week or day. If you upgrade your lifestyle and you don't have a good job, how it's possible for you to life and maintain your new big house? Just invest the winning amount in Bitcoin and hold it for around 10 years, you will get a good return and you can open a new business.
But don't invest all the money in bitcoin because you also need money for urgent needs so it doesn't interfere with your bitcoin investment. At least, you can use half of the total money to invest in bitcoin and use half to survive and I think that should be enough to last for a while. Or, from the remaining half, you can divide it again to survive and open a new business so that you have a busy life while waiting for the bitcoin price to rise again. It will be better to have income that can be used for survival purposes and can also save for the future.

Good money management for you to be able to sustain your new life,investing is a good idea if you have that huge amount, though it's not limited to bitcoin or crypto, you always have other options just make sure to sort things out and pick the best option based from how you did your research, for the meantime spare some amount to enjoy you deserve it, this kind of opportunity is not always so better to allocate some amount to enjoy life.

The rest will be depends on how you see your future and how you will handle that kind of fortune that being given to you.
Having a good plan to use the winning money, I think it can help us to get a better life and we can also prepare for a better future. And investing in crypto can help you get big profits in the future, so the winnings you get at gambling will mean to change your life.

Never think for a moment because our life goes on so if we can win a lot of money, we should use it as best we can to enjoy a good life.

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?
I will choose the second choice, the winning amount of $50,000 is only once a time and you can't hope you will get another $50,000 every month, week or day. If you upgrade your lifestyle and you don't have a good job, how it's possible for you to life and maintain your new big house? Just invest the winning amount in Bitcoin and hold it for around 10 years, you will get a good return and you can open a new business.
But don't invest all the money in bitcoin because you also need money for urgent needs so it doesn't interfere with your bitcoin investment. At least, you can use half of the total money to invest in bitcoin and use half to survive and I think that should be enough to last for a while. Or, from the remaining half, you can divide it again to survive and open a new business so that you have a busy life while waiting for the bitcoin price to rise again. It will be better to have income that can be used for survival purposes and can also save for the future.
Yes, I agree with you. Many of us invest all the money without realizing it. But many of us forget to save some money for his daily expense. Which in turn cash out invested money. Not only that, when the market is bearish, we have to sell assets at low prices to meet the necessary expenses. So definitely all the money should not be invested in any way.
Exactly. Maybe it is a mistake that we have made in the past and even though it seems a bit late, we can still start investing properly and correctly so that with the big wins we get from gambling, we can use it to invest in the right coins with a proportional amount. If we can save most of the winnings from gambling, we can use it to invest in crypto when the market is bearish and we will get more amounts so we have to hold it and wait for the market to rise again.

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October 27, 2022, 02:37:30 AM
 #132

As a responsible gambler, I know we don't let gambling change our lifestyle. If today is your luckiest day ever in gambling,on your first game you won the sum of $50 000.
First, will you quit the game immediately and withdraw all your funds or will you play for awhile because you are excited.

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?

I would quit immediately and transfer to one of my cold addresses and I would pray for the customer support not acuse me of money laundering or fraud or anything else, freezing my earnings  Wink

I personally think 50k$ is not enough for me to move and live like a different person in a completely different manner, I would probably tell my parents and invite them to celebrate with a big dinner, then next morning I would start thinking about how to invest the money, start a business or something like it. I would need to decide if I would go with passive investments (like Buying Bitcoin) or start to produce some goods or offer a service as a businessman.




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October 27, 2022, 04:14:56 AM
 #133

As a responsible gambler, I know we don't let gambling change our lifestyle. If today is your luckiest day ever in gambling,on your first game you won the sum of $50 000.
First, will you quit the game immediately and withdraw all your funds or will you play for awhile because you are excited.

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?

I would quit immediately and transfer to one of my cold addresses and I would pray for the customer support not acuse me of money laundering or fraud or anything else, freezing my earnings  Wink

I personally think 50k$ is not enough for me to move and live like a different person in a completely different manner, I would probably tell my parents and invite them to celebrate with a big dinner, then next morning I would start thinking about how to invest the money, start a business or something like it. I would need to decide if I would go with passive investments (like Buying Bitcoin) or start to produce some goods or offer a service as a businessman.
Gamblers often spend it haphazardly after winning big amounts. But I will definitely try to be conservative in this case. Because I need to be frugal enough to handle the next gambling. But I will try to invest that money in the business. If the business can be run successfully then I can collect my money from there and later it will help me manage my gambling life better. At least I will be able to create a reliable financial situation.

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Mr. Magkaisa
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October 27, 2022, 05:03:55 AM
 #134

As a responsible gambler, I know we don't let gambling change our lifestyle. If today is your luckiest day ever in gambling,on your first game you won the sum of $50 000.
First, will you quit the game immediately and withdraw all your funds or will you play for awhile because you are excited.

Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?

- If I get a chance to win that amount in a crypto casino here in this cryptocurrency industry. My answer to that is that I will immediately leave the game and take out what I won, and I will remain silent, and live a normal life.

Because with that amount I can have my own house, car, and simple business. In this way, it can be said that
I can live a simple and peaceful life.

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Shinpako09
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October 27, 2022, 06:26:11 AM
 #135

If ever I won big, I will definitely quit gambling and won't turn back. This is my biggest regret since I entered crypto world that I didn't do before. Way back 2014-2019. I was winning big, especially those early years. I should have shifted to trading and study it when I was still winning decent amount with those years. Maybe I made myself a millionaire now and in the best track of my life. No need for extravagant lifestyle or upgrade. Right now my only goal is to become rich, not to look rich.
Chato1977
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October 27, 2022, 06:37:27 AM
 #136

As a responsible gambler, I know we don't let gambling change our lifestyle. If today is your luckiest day ever in gambling,on your first game you won the sum of $50 000.
First, will you quit the game immediately and withdraw all your funds or will you play for awhile because you are excited.
this is a matter of attitude and behavior mate , because if you are a simple person that can easily be pleased then indeed you can walk away with that amount of win , but if you are different from that? then maybe you may lose all of that amount for your desire to make even more winnings and that is greediness.
Quote
Second, will you use this money to upgrade your lifestyle i.e living big and showing off,even relocating to a better environment and forget about your old friends in your former neighborhood ? Or will you just remain quiet,happy and living a your normal way of life but investing the money into something profitable without telling anyone ?
Me personally? i will surely establish a business so in the future that life may not be as lucky like this win? at least there are some funds to secure my family's future.
AicecreaME
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October 27, 2022, 06:37:38 AM
 #137

If ever it will happen to me, I will not let my emotions take over me. I won't be greedy and I will refrain myself from showing off because I don't have to prove to anyone that I already have money. I won't have a one-day-millionaire mindset. Living lavishly won't be in my priority. Instead of buying things that I just want, I'll rather invest the half of my winnings into a type of investment vehicle that has potential to have profit which isn't high risk.

I'll put up a small business as a start. But of course, I'll do a proper researching first before doing so to avoid losses. I will certainly not bet more and chase more wins once I hit the jackpot because chasing winnings is a sure way to guarantee a money loss. I'll live simply within my means because it's hard to earn and make money. Living extravagantly when you can't afford it is a no-no. Because the goal is to become financially independent and not just to look rich but actually have less than $100 in your bank account.
Silberman
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October 27, 2022, 07:54:40 PM
 #138

If ever it will happen to me, I will not let my emotions take over me. I won't be greedy and I will refrain myself from showing off because I don't have to prove to anyone that I already have money. I won't have a one-day-millionaire mindset. Living lavishly won't be in my priority. Instead of buying things that I just want, I'll rather invest the half of my winnings into a type of investment vehicle that has potential to have profit which isn't high risk.

I'll put up a small business as a start. But of course, I'll do a proper researching first before doing so to avoid losses. I will certainly not bet more and chase more wins once I hit the jackpot because chasing winnings is a sure way to guarantee a money loss. I'll live simply within my means because it's hard to earn and make money. Living extravagantly when you can't afford it is a no-no. Because the goal is to become financially independent and not just to look rich but actually have less than $100 in your bank account.
This is the right approach, I have seen some people in my life getting access to unexpected huge sums of money, some of them got them from gambling or an inheritance but so far it has always ended in the same way, with those people wasting that money away and having nothing to show for it, and without a doubt such a thing is a mistake, if you are lucky enough to get a huge sum of money out of nowhere it is important to use it to generate even more money, that way your life could become way easier from that moment on.
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October 27, 2022, 07:57:28 PM
 #139

If ever it will happen to me, I will not let my emotions take over me. I won't be greedy and I will refrain myself from showing off because I don't have to prove to anyone that I already have money. I won't have a one-day-millionaire mindset. Living lavishly won't be in my priority. Instead of buying things that I just want, I'll rather invest the half of my winnings into a type of investment vehicle that has potential to have profit which isn't high risk.

I'll put up a small business as a start. But of course, I'll do a proper researching first before doing so to avoid losses. I will certainly not bet more and chase more wins once I hit the jackpot because chasing winnings is a sure way to guarantee a money loss. I'll live simply within my means because it's hard to earn and make money. Living extravagantly when you can't afford it is a no-no. Because the goal is to become financially independent and not just to look rich but actually have less than $100 in your bank account.
This is the right approach, I have seen some people in my life getting access to unexpected huge sums of money, some of them got them from gambling or an inheritance but so far it has always ended in the same way, with those people wasting that money away and having nothing to show for it, and without a doubt such a thing is a mistake, if you are lucky enough to get a huge sum of money out of nowhere it is important to use it to generate even more money, that way your life could become way easier from that moment on.
It would really be a huge opportunity for you to make yourself changing up your life when it comes to financial aspect since you do already have the money to start off some business but same as you
said which it would really be still wasted up back on gambling or buying up things which it isnt that necessary where they do really end up on going back into their original state before they had won
big amounts which it is really just a waste of opportunity and misses out for them to sustain those riches. Its really just regretful to see that they are really that missing it out
and eventually regret do always come at the end as we do all know.
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October 27, 2022, 09:30:45 PM
 #140

It's very hard to speculate about something like this. As you can see many people in this thread say they'd stop gambling and be responsible but most of them faced with that kind of money would keep playing, believing in their luck. It's the same state of mind that makes traders stay overstay their welcome in a winning trade because the feeling of winning is so good we want it to last longer.

I don't know what I'd do. Probably try to stop and control my greed but who knows. I'm holding bitcoins that lost 70% from their ATH so I'm not a quitting type.

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