What would you do with your winnings?

bitcoinveda

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Quote from: FlightyPouch on August 24, 2018, 10:03:59 AM

Quote from: kurian on August 02, 2018, 12:56:42 PM

I used to spend my winnings on branded clothing and food. Recently, I've started to invest my winnings on crypto trading. I started to learn more about different projects, charts and patterns. Seems like I'm getting addicted to it.

It is great that you are learning different projects, charts and patterns but I don't think you need to get addicted to it since it might affect your good planning and decision skills. Don't easily invest on a lot of "great projects" since some of them might be a scam and you will be wasting a lot of money to it. Better pick some and wait for it to grow.

Yes, you are right instead of focusing on all at least we can focus on some projects which have the ability to increase the price. After making some money we should not divert to other things because it is new to you, it might be difficult to make money. So it is good to stick for limited things in order make money on it.

crwth

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Quote from: vella85 on August 23, 2018, 06:45:47 PM

My strategy has now changed when it comes to me winning. I used to take 50% of the profits made and buy different Altcoins but now that the market has come down a lot I have decided to now use 70% of the profits I make and put that into the top 10 cryptocurrencies as they are the ones that will most likely do well once the market starts to turn around. The other 30% I keep for myself but sometimes I put it back in to build my bankroll.

I think this is a great idea, especially that now the market is down. Probably more people would come in and take advantage of this. I'm going to be that person too. Grab it while I still can.

Quote from: winspiral on August 23, 2018, 07:34:31 AM

Biggest part of my winnings goes back to my members...

What part of a group are you talking about? What kind of members do you have?

FlightyPouch

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Quote from: kurian on August 02, 2018, 12:56:42 PM

I used to spend my winnings on branded clothing and food. Recently, I've started to invest my winnings on crypto trading. I started to learn more about different projects, charts and patterns. Seems like I'm getting addicted to it.

It is great that you are learning different projects, charts and patterns but I don't think you need to get addicted to it since it might affect your good planning and decision skills. Don't easily invest on a lot of "great projects" since some of them might be a scam and you will be wasting a lot of money to it. Better pick some and wait for it to grow.

swogerino

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Quote from: vella85 on August 23, 2018, 06:45:47 PM

My strategy has now changed when it comes to me winning. I used to take 50% of the profits made and buy different Altcoins but now that the market has come down a lot I have decided to now use 70% of the profits I make and put that into the top 10 cryptocurrencies as they are the ones that will most likely do well once the market starts to turn around. The other 30% I keep for myself but sometimes I put it back in to build my bankroll.

That is the first time I see people buying shitcoins from their winning in casinos. I think it is a better idea to buy the major top 10 altcoins and to wait for the market to recover again. When the market spiked last September to end of December all the major altcoins like Ethereum , Zcash ,Litecoin spiked as well while we didn't see this with many shitcoins.

Your strategy could pay off though and since you are buying these shitcoins with winnings and not money from your own pocket ,in the long term it may be a strategy who could pay off to the one doing it.

vella85

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My strategy has now changed when it comes to me winning. I used to take 50% of the profits made and buy different Altcoins but now that the market has come down a lot I have decided to now use 70% of the profits I make and put that into the top 10 cryptocurrencies as they are the ones that will most likely do well once the market starts to turn around. The other 30% I keep for myself but sometimes I put it back in to build my bankroll.

kurian

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Quote from: nidacoinlove on August 04, 2018, 12:19:07 PM

Quote from: stadus on August 04, 2018, 09:46:14 AM

Quote from: kurian on August 02, 2018, 12:56:42 PM

I used to spend my winnings on branded clothing and food. Recently, I've started to invest my winnings on crypto trading. I started to learn more about different projects, charts and patterns. Seems like I'm getting addicted to it.

I don't win in gambling a lot, sometimes I am lucky so I just spend it with things I like to buy or take my family to vacation.
In overall, I am really not a winner but I am more matured now, I spend what I can afford to lose.
I do trade in crypto but it is a separate budget, I do gambling for fun but crypto trading for long term job.

It depends on how much have someone won, if the winning amount is enough to buy me a car I would definitely buy a car with it but it never happened to me in my real life to win such a great amount. By the way I am not gambling anymore, have occasionally played a few games.
It’s good to know from you that you are mature enough to set limits for yourself and that you are not gambling for to make money but just to enjoy your time. This is a sign of a good money management to breakup your budget, separate your entertainment budget, the routine ongoing utilities and other money making activities. This is how someone could be successful in life, even if you gamble it doesn’t damage your life.

Just because you mentioned about buying a car with winnings, I thought it is good to share my experience. As I said earlier, I put my winnings into crypto trading and managed to buy a car recently. It is from both crypto trading profits and my gambling winnings.

winspiral

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Biggest part of my winnings goes back to my members...

roxbit

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Quote from: NewCryptocasinos on August 07, 2018, 06:25:50 AM

Quote from: crwth on December 11, 2016, 09:26:14 AM

I've read here a lot about "Gambling doesn't make you rich" So I thought about it, and it does make sense. So what do you feel about gambling then? Just entertainment? I think that's not everybody's mindset.

In the back of my mind, I want to be rich but not because of gambling. But when I gamble, I still always want to win. So when you always win, you become more rich and more risk will be involved. Anyway, if I would earn a winning bet that would have a lot of profit from, I would withdraw the initial bet or the bitcoins I deposited to get it back, then still gamble.

If you would have a winning bet that would give you a lot of profit, what would you do with it?

I always have a monthly budget for gaming, this is an amount i can afford to loose.
So lets say the budget is 0.1 BTC, i will play until its gone and thats it.
BUT
If i win, i have a rule, if my winnings exceeds 30% or more of my budget, I withdraw it

What I am going to do with my winnings in gambling depends on the amount that I won. If the money is big enough then I consider putting up a small business to roll the money. Or set aside the money for future use. Or I can use it to buy important things/basic needs in the house. Or in paying my monthly bills.

ethereumhunter

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Quote from: NewCryptocasinos on August 07, 2018, 06:25:50 AM

Quote from: crwth on December 11, 2016, 09:26:14 AM

I've read here a lot about "Gambling doesn't make you rich" So I thought about it, and it does make sense. So what do you feel about gambling then? Just entertainment? I think that's not everybody's mindset.

In the back of my mind, I want to be rich but not because of gambling. But when I gamble, I still always want to win. So when you always win, you become more rich and more risk will be involved. Anyway, if I would earn a winning bet that would have a lot of profit from, I would withdraw the initial bet or the bitcoins I deposited to get it back, then still gamble.

If you would have a winning bet that would give you a lot of profit, what would you do with it?

I always have a monthly budget for gaming, this is an amount i can afford to loose.
So lets say the budget is 0.1 BTC, i will play until its gone and thats it.
BUT
If i win, i have a rule, if my winnings exceeds 30% or more of my budget, I withdraw it

having 0.1 btc in monthly is big and I guess that is your monthly budget and I think you don't have to use all that money. you can join the investment with the house and I am sure that you can earn more profit and you can get your money if you are lost in the game. but you have a good rule in gambling games so you can still withdraw if you get wins. the problem is you don't know the time you can win so you must be careful.

crwth

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Quote from: swogerino on August 04, 2018, 12:24:55 PM

Sometimes it happens, well a lot of times have happened that when you start playing just for fun and you are not worried at all if you are going to lose all of the money in the bankroll you have set aside for that session, you end up winning big. In that case to invest those money is the best thing to do, you can invest in casino bankrolls or I don't know start something of your own.

I think that is one of the most common things that happens to people who gamble. I also had that part recently and I am happy that I have achieved it. I didn’t bet more than I should so I’m proud of myself.

NewCryptocasinos

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Quote from: crwth on December 11, 2016, 09:26:14 AM

I've read here a lot about "Gambling doesn't make you rich" So I thought about it, and it does make sense. So what do you feel about gambling then? Just entertainment? I think that's not everybody's mindset.

In the back of my mind, I want to be rich but not because of gambling. But when I gamble, I still always want to win. So when you always win, you become more rich and more risk will be involved. Anyway, if I would earn a winning bet that would have a lot of profit from, I would withdraw the initial bet or the bitcoins I deposited to get it back, then still gamble.

If you would have a winning bet that would give you a lot of profit, what would you do with it?

I always have a monthly budget for gaming, this is an amount i can afford to loose.
So lets say the budget is 0.1 BTC, i will play until its gone and thats it.
BUT
If i win, i have a rule, if my winnings exceeds 30% or more of my budget, I withdraw it

roorgelak

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Quote from: kurian on August 02, 2018, 12:56:42 PM

I used to spend my winnings on branded clothing and food. Recently, I've started to invest my winnings on crypto trading. I started to learn more about different projects, charts and patterns. Seems like I'm getting addicted to it.

Every gambler has the wishes to make money from gambling and change their life style, although it happened in real life but in very little cases. In most of the cases people even after making a big amount of money in gambling cannot succeeded to change their life style but they lost the money back in gambling because of greediness.

MetalGear

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Quote from: shanem on December 11, 2016, 09:53:15 AM

I will keep a portion of my winnings into my personal fund. Then I will use the remaining to fund my bankroll. Anyway, I don't really bet big so my winnings and losses are not big enough to affect me. Taking profit is very important in gambling no matter how much you are wagering.

I think I will use most of my winning in investment which can able to help me to gain more income and money. On the other hand, some portion of my winning will be keep on my wallet so that I can have money if there is an emergency. Lastly, I will prefer to use it to able to make more income and I will use it wisely.

swogerino

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Sometimes it happens, well a lot of times have happened that when you start playing just for fun and you are not worried at all if you are going to lose all of the money in the bankroll you have set aside for that session, you end up winning big. In that case to invest those money is the best thing to do, you can invest in casino bankrolls or I don't know start something of your own.

nidacoinlove

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Quote from: stadus on August 04, 2018, 09:46:14 AM

Quote from: kurian on August 02, 2018, 12:56:42 PM

I used to spend my winnings on branded clothing and food. Recently, I've started to invest my winnings on crypto trading. I started to learn more about different projects, charts and patterns. Seems like I'm getting addicted to it.

I don't win in gambling a lot, sometimes I am lucky so I just spend it with things I like to buy or take my family to vacation.
In overall, I am really not a winner but I am more matured now, I spend what I can afford to lose.
I do trade in crypto but it is a separate budget, I do gambling for fun but crypto trading for long term job.

It depends on how much have someone won, if the winning amount is enough to buy me a car I would definitely buy a car with it but it never happened to me in my real life to win such a great amount. By the way I am not gambling anymore, have occasionally played a few games.
It’s good to know from you that you are mature enough to set limits for yourself and that you are not gambling for to make money but just to enjoy your time. This is a sign of a good money management to breakup your budget, separate your entertainment budget, the routine ongoing utilities and other money making activities. This is how someone could be successful in life, even if you gamble it doesn’t damage your life.

Lalafell

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Quote from: nelson4lov on December 11, 2016, 09:47:48 AM

If I should win a huge amount, I would use it to complete my Education & also upgrade my skills since these are areas I'm poor at. Gambling doesn't make you rich until you hit a Jackpot Cheesy

I think if I should win huge amount of money and I hit the jackpot prize the first thing that I will do is put it as safe wallet and then I will use it in any kind of investing. You should use your winning in many useful things so that you will not regret once the money that you win is already gone. Just use it in many alternative way on how to earn more income and money. You should use in investing and trading which both of that are the best source of income and do not depend on gambling and try to find alternative way to gain more income.

stadus

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Quote from: kurian on August 02, 2018, 12:56:42 PM

I used to spend my winnings on branded clothing and food. Recently, I've started to invest my winnings on crypto trading. I started to learn more about different projects, charts and patterns. Seems like I'm getting addicted to it.

I don't win in gambling a lot, sometimes I am lucky so I just spend it with things I like to buy or take my family to vacation.
In overall, I am really not a winner but I am more matured now, I spend what I can afford to lose.
I do trade in crypto but it is a separate budget, I do gambling for fun but crypto trading for long term job.

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Quote from: ocid on July 26, 2018, 11:18:11 AM

Quote from: Lady Coquet on July 26, 2018, 10:32:36 AM

Quote from: crwth on December 11, 2016, 09:26:14 AM

I've read here a lot about "Gambling doesn't make you rich" So I thought about it, and it does make sense. So what do you feel about gambling then? Just entertainment? I think that's not everybody's mindset.

In the back of my mind, I want to be rich but not because of gambling. But when I gamble, I still always want to win. So when you always win, you become more rich and more risk will be involved. Anyway, if I would earn a winning bet that would have a lot of profit from, I would withdraw the initial bet or the bitcoins I deposited to get it back, then still gamble.

If you would have a winning bet that would give you a lot of profit, what would you do with it?

Its true that you will not really get rich in gambling and i think you can really consider gambling as an entertainment or for fun. But if i would win a lot of money gambling maybe i cluld buy the things that i wanted and use it to play again at the casino.

Gambling will not make people rich, because most people who play gambling just try their luck with fun, unless the person has an addiction already acute in gambling, they think gambling can make them gain an abundance of profits so they can easily get rich

In my opinion, gambling can make people rich if you control yourself, set up limit for money and game. If you are lucky, you can be rich. You just take lucky numbers in lottery and the next day, you could be a wealthy person.

kurian

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I used to spend my winnings on branded clothing and food. Recently, I've started to invest my winnings on crypto trading. I started to learn more about different projects, charts and patterns. Seems like I'm getting addicted to it.

Topic: What would you do with your winnings? (Read 29925 times)