Brave or Stupid?

[noorman0]

-snip-
Some people can use $3000 in some countries to establish a business, but it is truly not as huge as becoming a life changing amount but what if he does not like the job he is doing or he is underpaid, he may prefer self-employment.

I agree with you. $3,000 is at least what some people have been waiting for amidst the pressures of work and stress. It's not about changing their lives instantly, but they have a plan they think is a good way to start something new.

I don't consider it a stupid decision, just a lack of proper transition planning.

[Bitcoin.com97]

Someone from my community said he quit his job after winning almost 3,000 USD from gambling. Now he is back to looking for a job after he lost all his money. Immediately, I thought that was a stupid decision. 3,000 USD is a huge money but not a life changing one. It is not even that big to start a big business. Most likely he quit his job out of adrenaline and happiness. Do not make big decisions like that after winning a big amount of money. Quit your job if you have successfully built that 3,000 to grow.

The money is huge tho but it’s not a life changer just as have said , but that money would have established him if he was prudent enough.

Quitting his job is not actually bravery , but one thing to consider also is how much where they paying him , or probably the job could be stressful and he felt quitting could just be the best option , hoping he will always win , because he has won before lol, what I normal say and I also believe is that betting is a game of luck , I think it was his lucky day , he now threw his job away , then make gambling his new job , that why he lost home and away , is actually stupidity for me .

[ovcijisir]

It would be good if we had more context about this, how much is average salary in OP's country to see how many months could his friend live off his winnings.

If the average salary is 200 USD then his friend could live 15 months from the winings. I dont think that having 15 month safety buffer would convince me to quit the job, specially if I would do the jib I enjoy to do.

From OPs description I assume his friend is pretty young, as I dont beleibe that more mature person would do such hasty decision, specially if he has family.

Anyway I wish OPs friend good luck and that he finds job soon. I guess that he learned his lesson now and he will be make dmarter decisions from now on.

[peter0425]

Once you do have that kind of impulsive emotion then your mainly be focusing on what your feelings on that time will be followed, which it would be including on resigning your job because you do already believe that you can hit up another $3k win again and make yourself rich. People are just that too dumb on this kind of thinking on which they do believe that it is possible or something sustainable. On this kind of action then its just basically you are plain stupid. Well, experience would be the best teacher and be thankful if ever you would be able to recover from that.

I just wish that person gets back another job but this time he should better than to act too overconfident and resign when he doesn’t have anything to fall back on but the 3,000 dollars. Wonder if he’ll still gamble again.

[Kasabus]

That’s a bold move, but I wouldn’t call it stupid. At some point in our lives, we’ve all thought about jumping on an opportunity when we thought we saw one. We might see things differently, but you can’t really blame him for making that decision. As long as he was responsible and understood the consequences of his actions, then it is what it is. At least now he’s looking for a job, and that’s already a lesson learned on his part, gambling just didn’t work for him.

Sure, there are gamblers out there who actually make a living from it, but that doesn’t mean everyone can. Still, trying and learning from it is part of the process.

[Ziskinberg]

Sure, there are gamblers out there who actually make a living from it, but that doesn’t mean everyone can. Still, trying and learning from it is part of the process.

This is true, but personally I haven’t really met anyone who makes a living purely from gambling. So if this kind of story inspires someone to quit their job and go full-time right away, I think that’s a mistake.

We can gamble and work at the same time. Only when you start seeing real consistency should you even think about resigning.
For sports betting, give it at least a year, If after that you’re hitting something like a 60% win rate and you’ve been disciplined the whole time, then maybe you can be confident enough to quit and focus on betting full-time.

[Outhue]

Someone from my community said he quit his job after winning almost 3,000 USD from gambling. Now he is back to looking for a job after he lost all his money. Immediately, I thought that was a stupid decision. 3,000 USD is a huge money but not a life changing one. It is not even that big to start a big business. Most likely he quit his job out of adrenaline and happiness. Do not make big decisions like that after winning a big amount of money. Quit your job if you have successfully built that 3,000 to grow.

3000 USD is never a big amount of money, I guess this person never gets to see that amount of money in his life before which makes him thinks that this is a big amount of money, it's not, and Moreover he could have keep his job and invest that money in Bitcoin for long term? This is just an opinion.

How did he lost the money if I may ask OP? Did he use the amount of money on gambling again? He could have start a small business in his city, the thing is you don't have to start a big business, sometimes it's even better to start very small so as to get used to the business first, $3000 is a good amount to start a business in my country, in 2014 I started my business with $800.

[LastKiss]

In my opinion, that’s not a wise decision. Quitting your job just because you won $3,000 from gambling and then using that money to gamble again with hope turn it to become 10x return. While $3,000 is a decent amount, half of it could be used for essential needs or other investment, rather than putting it all back into gambling. It seems like that your friend is becoming addicted to gambling, which probably affecting his mind to think clearly about what’s the best decision for him. Leaving a stable job so suddenly is definitely a mistake. If he insists on gambling, it would be far more responsible to do it while continuing to work, rather than going on gambling again.

[acroman08]

Everything he did is plain stupidity, there is no bravery in there. What is he even thinking? What was his plan when he quit his job? He could have used that money as an emergency savings as a safety net. But I am curious, just like what Oshosondy mentioned, how much is his salary, and what is the conversion rate of USD to your currency?

[Don Pedro Dinero]

3000 USD is never a big amount of money, I guess this person never gets to see that amount of money in his life before which makes him thinks that this is a big amount of money, it's not, and Moreover he could have keep his job and invest that money in Bitcoin for long term? This is just an opinion.

How did he lost the money if I may ask OP?

From the way the OP has described it, the most likely scenario is that he lost it in the same way he won it: by gambling. You'd have to be a complete idiot to do that, especially when it comes to pure casino games. If it were sports betting, it would be less scandalous, but quitting your job because you won a large amount at the casino playing roulette or something like that is just plain stupid.

[salad daging]

He was too stupid to do his crazy act of quitting his job with only $3000 in winnings that would probably only last him for a few months, while for those living in the US it would only be for a month.

Unless you win the lottery with a jackpot of $1,000,000 then it makes sense to quit your job too.
It is possible that he quit his job because he was confident that he could win an even bigger amount from gambling so he thought of quitting his job, whether this was the influence of gambling or indeed he was melting at work, it's just that the decision he made was too rash.

[freedomgo]

Brave, or stupid, maybe a bit of both.

Leaving your job just to gamble is a very risky move. Not even 1% of people who gamble while working would seriously think of doing that.

$3k isn’t even that much, especially if it came from a jackpot or a short hot run. If it was earned slowly through grinding in sports betting, then maybe it’s more understandable. Still, quitting a job is a big decision and should be thought through very carefully. Gambling income isn’t stable, and one good run doesn’t really prove anything long term.

[nimogsm]

Someone from my community said he quit his job after winning almost 3,000 USD from gambling. Now he is back to looking for a job after he lost all his money. Immediately, I thought that was a stupid decision. 3,000 USD is a huge money but not a life changing one. It is not even that big to start a big business. Most likely he quit his job out of adrenaline and happiness. Do not make big decisions like that after winning a big amount of money. Quit your job if you have successfully built that 3,000 to grow.

That's definitely not enough money to do nothing for the rest of your life. The irony is that man also quit his job, which is a mystery to me. Instead of putting the winnings aside and continuing to work with a financial cushion, he made the strangest decision possible. Life is an interesting thing, and it quickly put everything in its place.

[Cryptmuster]

Someone from my community said he quit his job after winning almost 3,000 USD from gambling. Now he is back to looking for a job after he lost all his money. Immediately, I thought that was a stupid decision. 3,000 USD is a huge money but not a life changing one. It is not even that big to start a big business. Most likely he quit his job out of adrenaline and happiness. Do not make big decisions like that after winning a big amount of money. Quit your job if you have successfully built that 3,000 to grow.

Perhaps this only made sense if he hated his job and wanted to get rid of it by any means. That win allowed him, at least for a short time, to believe that he could be free, but without knowing what monthly salary he had, it would have been better for him to divide that money into several parts so that for a few months he could rest from work and look for another job, while gambling only with a small portion of the winnings. And since he lost everything again, the decision to quit his job was impulsive.

[colinistheman]

Someone from my community said he quit his job after winning almost 3,000 USD from gambling. Now he is back to looking for a job after he lost all his money. Immediately, I thought that was a stupid decision. 3,000 USD is a huge money but not a life changing one. It is not even that big to start a big business. Most likely he quit his job out of adrenaline and happiness. Do not make big decisions like that after winning a big amount of money. Quit your job if you have successfully built that 3,000 to grow.

I have witnessed several such incidents. I know  a person who won an estimated $45,000  in gambling. After winning, he even bought a  new car and started construction on a new house. But within a few months , he lost all this money in gambling. Then he sold the car and eventually borrowed a lot of money and lost it too. Finally , he was forced to flee the area. He was  a successful gambler . If he had been able to control his greed after winning this big amount of money , he would be rich now. This incident was only 2  years ago.

Gambling addiction is very bad. If we are not aware of the cost of money, it will not take long for us to go bankrupt in gambling. Therefore, regular gamblers must be aware of  money management.

[aoluain]

Depends on where you are located, $3000 in my country will cover living expenses
for about 3 months so in that regard in my country it would be a stupid move to do
as the OP describes.

In other circumstances the move could be brave but it depends on the persons
gambling ability. The Op's friend obviously thought they could build on their winnings,
but you would have to have a proven track record for that, not just a single jackpot win!

[justinlamode]

Someone from my community said he quit his job after winning almost 3,000 USD from gambling. Now he is back to looking for a job after he lost all his money. Immediately, I thought that was a stupid decision. 3,000 USD is a huge money but not a life changing one. It is not even that big to start a big business. Most likely he quit his job out of adrenaline and happiness. Do not make big decisions like that after winning a big amount of money. Quit your job if you have successfully built that 3,000 to grow.

He probably is poor and have not seen this kind of money before which is why he felt the money could change his life. It can also be that he had a business in mind but was waiting for the capital to get it started, when the winning came in which was the needed capital, he must have thought that all was set for him only to start the business and it failed. These things happen but we should be careful about our decision so we don't close our source of income due to gambling which is to be used as a means of earning passive income only.

[Charles-Tim]

$3000 where I live is enough to basically pay bills for a month and eat

Depends on where you are located, $3000 in my country will cover living expenses
for about 3 months so in that regard in my country it would be a stupid move to do
as the OP describes.

In my country, the money is going to last more than a year. I included house rent, electricity bill, food, drinks and water. And not that the person will manage it, the person will eat what he wants to eat.

Not just my country, also many places in developing countries.

I believe the guy is living in a developing country or an underdeveloped country where prices of goods and services are not expensive.

[mindrust]

Someone from my community said he quit his job after winning almost 3,000 USD from gambling. Now he is back to looking for a job after he lost all his money. Immediately, I thought that was a stupid decision. 3,000 USD is a huge money but not a life changing one. It is not even that big to start a big business. Most likely he quit his job out of adrenaline and happiness. Do not make big decisions like that after winning a big amount of money. Quit your job if you have successfully built that 3,000 to grow.

Easy come, easy go. It is not the first time this is happening and it won't be the last. Your friend could have won 300k usd instead of 3k usd and still would have ended up the same way. That means the amount isn't really carrying much of an importance here. It is the education and willpower that controls the money. In other words your friend wasn't ready to control that money and that's why he lost it the same way he made it. It also shows us everybody can make money very fast and that doesn't mean they will stay rich forever and that's exactly what happened to your friend.

Your friend better find ways of making more money from his business/job instead of trying to win with shortcuts. That's the only way to get smarter with money.

[VashaUdacha777]

Someone from my community said he quit his job after winning almost 3,000 USD from gambling. Now he is back to looking for a job after he lost all his money. Immediately, I thought that was a stupid decision. 3,000 USD is a huge money but not a life changing one. It is not even that big to start a big business. Most likely he quit his job out of adrenaline and happiness. Do not make big decisions like that after winning a big amount of money. Quit your job if you have successfully built that 3,000 to grow.

I didn’t quite get it — did he quit his job because he won $3,000? If so, that’s honestly a pretty stupid decision, because a job means a stable paycheck every month.

Maybe it’s not really about the $3,000 though. Maybe your friend just can’t work there anymore. Sometimes people get fed up and start hating their job, hating the boss who orders them around every day. In situations like that, a person will quit at the first chance they get