What did you buy for money won? - page 36.

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Quote from: GlassMaster on May 17, 2017, 07:28:09 AM

I would deduct a portion of the money for my own needs, and spend some of my money on gambling. Easy money is not appreciated, and it's also easy to part with them.

It's true that easy money isn't appreciated that much, we are only planning to win some amount and if we win there's no big deal on it. That's why most of the money that we are winning is getting back to the casino's hand. And that's what is happening for some of the gamblers, but with me, I know how to value things.

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Quote from: LuanX3 on May 19, 2017, 02:01:03 AM

I think what we are discussing here is what you you would buy in case you win something from the casinos. I don't think we are discussing about storing bitcoins or buying bitcoins to deposit it in the casinos. It's nice to read about what other people use their winnings on, it gives us an idea on what to spend it on.

Do you really need to look at other people's purchases to know what you need? If you're looking for a good investment, there are many great posts in trading and economics sections, and if you don't really know what to spend your money on, I pity you. Most people have hobbies and interests and if they don't, their loved ones do.

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Quote from: Monnt on May 17, 2017, 08:46:20 AM

Quote from: MinerHQ on May 17, 2017, 05:18:38 AM

Quote from: mamaya on May 15, 2017, 08:33:48 AM

Any money I've ever won whether in $ gambling or in btc gambling I've used to accumulate bitcoin or altcoins

Yes, this is a good way to distribute your winnings. I also usually buy some altcoins and wait for the good price to sell. But my winnings usually come from only cricket match betting. So as soon as I receive my winnings some of the profits I will invest in some alt-coins. But I'm not very regular gamblers so my winnings are not so much from gambling.

I guess probably you are linking gambling and trading in a right way. As long as you will be very much conscious about choosing your altcoin to invest your gambling profits, I believe there will be no problem to make your profits to grow further.

But now a days I do see many altcoin are just getting pumped and dumped in more quicker time but investors are finding losses at the end.

When someone have profit than he always choose best way to utilize his profit, same here, he choose trading.
Because in the start, when i won in gambling, than also i used my profit to buying some coins.
But now in this time, bitcoin is best than other altcoin, Therefore now if i win in gambling, than i save it.

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Quote from: bhadz on May 17, 2017, 03:33:49 PM

Quote from: Japinat on May 16, 2017, 10:44:24 PM

Quote from: bhadz on May 16, 2017, 04:20:26 PM

Quote from: emberbekas on May 16, 2017, 03:40:14 PM

With the recent price, I prefer to convert it into fiat and wishing the price will move down then I can buy it again. But if the price won't move down for more than a week I will send the money to my local bank account.

This is a good way of using your winning for good, because if you know that you are going to be a good investor with that amount. It's much better to use it for something valuable and profitable. But if you are going to wait for the price to move down, it will be hard for you to see the price of bitcoin go down, just go with alt coins.

The normal trend will happen that when bitcoin pump alts will be dumping so it is always good to buy at that situation. When you cash your money out you might be tempted to spend it with other things, the amount you allocate for investment must only be for investment, our lack of patience an discipline will make us cash out early and will regret later.

But I was just thinking why there's a need to buy if you are into bitcoin gambling already? Why there's a need to convert because you can store your bitcoins already somewhere or even in your cold storage? Just like what you said because when we hold cash we can be tempted to use it for other purposes even we don't want it to.

I think what we are discussing here is what you you would buy in case you win something from the casinos. I don't think we are discussing about storing bitcoins or buying bitcoins to deposit it in the casinos. It's nice to read about what other people use their winnings on, it gives us an idea on what to spend it on.

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Quote from: Japinat on May 16, 2017, 10:44:24 PM

Quote from: bhadz on May 16, 2017, 04:20:26 PM

Quote from: emberbekas on May 16, 2017, 03:40:14 PM

With the recent price, I prefer to convert it into fiat and wishing the price will move down then I can buy it again. But if the price won't move down for more than a week I will send the money to my local bank account.

This is a good way of using your winning for good, because if you know that you are going to be a good investor with that amount. It's much better to use it for something valuable and profitable. But if you are going to wait for the price to move down, it will be hard for you to see the price of bitcoin go down, just go with alt coins.

The normal trend will happen that when bitcoin pump alts will be dumping so it is always good to buy at that situation. When you cash your money out you might be tempted to spend it with other things, the amount you allocate for investment must only be for investment, our lack of patience an discipline will make us cash out early and will regret later.

But I was just thinking why there's a need to buy if you are into bitcoin gambling already? Why there's a need to convert because you can store your bitcoins already somewhere or even in your cold storage? Just like what you said because when we hold cash we can be tempted to use it for other purposes even we don't want it to.

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Quote from: moviebuff777 on May 17, 2017, 08:44:20 AM

Quote from: OshiHugo on April 02, 2017, 07:12:43 AM

Hi guys!
It's often discussed here that you can't make any money from gambling, but in general it's just not true. House edge is usually quite low so the most of the money go back to players. Of course some one wins more than he bet, some one wins less and loses in the end. It's all about luck. I am sure that the most of you was lucky at least once and made some nice money. So my question goes here: How did you spend this money? Did you buy some presents for your close ones? Did you buy something for you? Did you invested it, saved it or even put back into gambling (and then made even more or lost it?)?
Share your stories

)
Cheers,
OshiHugo

Any profits I made in gambling I put right back into gambling. My guess is that is what most people do and most people eventually lose like I have done.

I deduce half the profit from gambling, because it's stupid to re-invest all the profits in gambling and then lose it completely or in part.

Monnt

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Quote from: MinerHQ on May 17, 2017, 05:18:38 AM

Quote from: mamaya on May 15, 2017, 08:33:48 AM

Any money I've ever won whether in $ gambling or in btc gambling I've used to accumulate bitcoin or altcoins

Yes, this is a good way to distribute your winnings. I also usually buy some altcoins and wait for the good price to sell. But my winnings usually come from only cricket match betting. So as soon as I receive my winnings some of the profits I will invest in some alt-coins. But I'm not very regular gamblers so my winnings are not so much from gambling.

I guess probably you are linking gambling and trading in a right way. As long as you will be very much conscious about choosing your altcoin to invest your gambling profits, I believe there will be no problem to make your profits to grow further.

But now a days I do see many altcoin are just getting pumped and dumped in more quicker time but investors are finding losses at the end.

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Quote from: OshiHugo on April 02, 2017, 07:12:43 AM

Hi guys!
It's often discussed here that you can't make any money from gambling, but in general it's just not true. House edge is usually quite low so the most of the money go back to players. Of course some one wins more than he bet, some one wins less and loses in the end. It's all about luck. I am sure that the most of you was lucky at least once and made some nice money. So my question goes here: How did you spend this money? Did you buy some presents for your close ones? Did you buy something for you? Did you invested it, saved it or even put back into gambling (and then made even more or lost it?)?
Share your stories

)
Cheers,
OshiHugo

Any profits I made in gambling I put right back into gambling. My guess is that is what most people do and most people eventually lose like I have done.

MarconyGL

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Depends on the amount won. I want to buy myself a big house for the whole family, a sports car and open a business.

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Quote from: SvenBomvolen on May 17, 2017, 06:47:11 AM

Like 3 weeks ago I won 1.3 BTC on a slot game Cheesy

I regret now a bit that I harried to cash out that money. That day the price was 1200$ and now it's 1800$ and I feel like I lost 600$ and it's like two my monthly salaries. Anyway I have spent all this money already. I bought a rubber boat Grin

Can't wait for days become more warm and sunny to go on a lake and to try it.

That is okay regreting sometimes makes us learned from our mistake but we can't blame our self for this move because we wouldn't know what will happen future isn't in our hands and i think you needed that money see whats bring happiness brings in to your life you already made a good decision mate

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Quote from: nethan1btc on May 17, 2017, 07:10:09 AM

Quote from: MinerHQ on May 17, 2017, 05:18:38 AM

Quote from: mamaya on May 15, 2017, 08:33:48 AM

Any money I've ever won whether in $ gambling or in btc gambling I've used to accumulate bitcoin or altcoins

Yes, this is a good way to distribute your winnings. I also usually buy some altcoins and wait for the good price to sell. But my winnings usually come from only cricket match betting. So as soon as I receive my winnings some of the profits I will invest in some alt-coins. But I'm not very regular gamblers so my winnings are not so much from gambling.

In my own vision of the lucky winnings I have, I would rather cash it out for personnal use and No plans for other gambling and altcoins invesrments. That money or bitcoin I won is not for a long term to happen in life so you must grab the opportunity of financial gains you have. Easy money is a temporary happenings of your life and maybe in the next days you could not expect that to be possible again, so we must spend it on things that will be appreciated on the needs that you are spending money; like buying a food to eat or a treat for a family vacation.

You are prefer to use the winning money instead of saving. Yeah, you could, because everyone have a different life style and living matters. But personally, i prefer to save the money especially my winning money, It is more better to use it. Recently i won in dice and by chance i won in it, because usually i lost in dice, but when i won than i save my bitcoin and also i will do it in future.

GlassMaster

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I would deduct a portion of the money for my own needs, and spend some of my money on gambling. Easy money is not appreciated, and it's also easy to part with them.

nethan1btc

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Quote from: MinerHQ on May 17, 2017, 05:18:38 AM

Quote from: mamaya on May 15, 2017, 08:33:48 AM

Any money I've ever won whether in $ gambling or in btc gambling I've used to accumulate bitcoin or altcoins

Yes, this is a good way to distribute your winnings. I also usually buy some altcoins and wait for the good price to sell. But my winnings usually come from only cricket match betting. So as soon as I receive my winnings some of the profits I will invest in some alt-coins. But I'm not very regular gamblers so my winnings are not so much from gambling.

In my own vision of the lucky winnings I have, I would rather cash it out for personnal use and No plans for other gambling and altcoins invesrments. That money or bitcoin I won is not for a long term to happen in life so you must grab the opportunity of financial gains you have. Easy money is a temporary happenings of your life and maybe in the next days you could not expect that to be possible again, so we must spend it on things that will be appreciated on the needs that you are spending money; like buying a food to eat or a treat for a family vacation.

SvenBomvolen

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Like 3 weeks ago I won 1.3 BTC on a slot game Cheesy

I regret now a bit that I harried to cash out that money. That day the price was 1200$ and now it's 1800$ and I feel like I lost 600$ and it's like two my monthly salaries. Anyway I have spent all this money already. I bought a rubber boat Grin

Can't wait for days become more warm and sunny to go on a lake and to try it.

MinerHQ

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Quote from: mamaya on May 15, 2017, 08:33:48 AM

Any money I've ever won whether in $ gambling or in btc gambling I've used to accumulate bitcoin or altcoins

Yes, this is a good way to distribute your winnings. I also usually buy some altcoins and wait for the good price to sell. But my winnings usually come from only cricket match betting. So as soon as I receive my winnings some of the profits I will invest in some alt-coins. But I'm not very regular gamblers so my winnings are not so much from gambling.

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Quote from: bhadz on May 16, 2017, 04:20:26 PM

Quote from: emberbekas on May 16, 2017, 03:40:14 PM

With the recent price, I prefer to convert it into fiat and wishing the price will move down then I can buy it again. But if the price won't move down for more than a week I will send the money to my local bank account.

This is a good way of using your winning for good, because if you know that you are going to be a good investor with that amount. It's much better to use it for something valuable and profitable. But if you are going to wait for the price to move down, it will be hard for you to see the price of bitcoin go down, just go with alt coins.

The normal trend will happen that when bitcoin pump alts will be dumping so it is always good to buy at that situation. When you cash your money out you might be tempted to spend it with other things, the amount you allocate for investment must only be for investment, our lack of patience an discipline will make us cash out early and will regret later.

bhadz

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Quote from: emberbekas on May 16, 2017, 03:40:14 PM

With the recent price, I prefer to convert it into fiat and wishing the price will move down then I can buy it again. But if the price won't move down for more than a week I will send the money to my local bank account.

This is a good way of using your winning for good, because if you know that you are going to be a good investor with that amount. It's much better to use it for something valuable and profitable. But if you are going to wait for the price to move down, it will be hard for you to see the price of bitcoin go down, just go with alt coins.

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Quote from: Chachacoin17 on May 14, 2017, 10:17:44 AM

For me if i won big amount in gambling, i need to buy things that necessary need in my house and spend the money wisely in order to have in case of emergency i have money to spend in that needs.And save also for the better future.

i think you are too much luck if you are making good money from gambling, because i do not think that there can so much people who can make good profit from gambling. because gambling is one of the most risky way of making money and if a person do not have any proper planing and having no such strategy for gambling then gambling is really to much risky.

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With the recent price, I prefer to convert it into fiat and wishing the price will move down then I can buy it again. But if the price won't move down for more than a week I will send the money to my local bank account.

MFahad

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Yes, i have won in gambling, and mostly i won in sports betting.
But the question is, where i use my winning money, than my answer is i do my saving all money, not only gambling winning money also i do trading, whenever i get profit than i save them.
Because if we save and hold the bitcoin than bitcoin also give us profit.

Topic: What did you buy for money won? - page 36. (Read 15383 times)