What would you do with your winnings? - page 32.

knightmairesaint

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Quote from: Meraki on June 25, 2017, 07:46:27 AM

Everytime i won i usually save my capital and little bit of winnings so that i wont end up losing. Because i trained myself to have dicipline and dont let the greed overpower me. So my winnings is usually on my btc wallet for keeps.

I do that also. It is wise to save the money won in gambling than to spend it. Sometimes, I spend a portion of it but only small amount and I spend it for important things.

It is very hard to win in gambling, I must admit that I have no luck when it comes in gambling that is why I have more losses than wins. So for me, winning in gambling is like winning in lottery the only difference is that I don't win big amount.

RealPhotoshoper

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Quote from: Malsetid on June 23, 2017, 01:18:27 PM

Quote from: Chachacoin17 on June 23, 2017, 09:47:47 AM

If i win a huge amount in gambling maybe i grab my opportunity to finish my studies in school because im not graduated in a college degree and for the better future. I also help my family like financial problem because if we gambling again maybe thats the time our money was loss and its better to save it or invest in buseness to earned some profit.

If i were in your situation dude i wouldn't even think about gambling. There are a lot of productive things you can do instead of gambling to achieve your goals. I even think that gambling is one of the worst things you can do if you have these set of goals

Indeed gambling will never help your financial get better.
You need another way i mean a legit one , such as a real business , or maybe in cryptoworld you can do mining.
There's nothing easy to make money, especially gambling, so i even doubt you will get your winning

Meraki

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Everytime i won i usually save my capital and little bit of winnings so that i wont end up losing. Because i trained myself to have dicipline and dont let the greed overpower me. So my winnings is usually on my btc wallet for keeps.

Ronaldcoin2017

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My winning must put on the cooperative or i will invest it .i want it to become bigger someday that is why if i have win.i will put it in the place that will continue to grow my money..and the verry best thing i see is to invest it to gain more profit..
Because profit is considered as winning,and it is called also an earning so if you want to continue your earning u must continue winnings.and make profit on it..and we can see that in this way of investing is low risk because it is not yours..it is come from your winnings..

Oceat

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Quote from: Lomberjack on June 24, 2017, 10:10:28 PM

I'm alway divided my winnings. 25%for my savings. 25% for gambling. And 50% are for investment. The reason why I don't put larger percentage in gambling is because I believe that you don't need to gamble huge amount of money to earn huge profits. Decent money that I can risk is what I'm only playing.

You got your point but still it's still too risky to put that kind of percentage for your investment. If i were you it's not that bad to make your savings to 50%, 20% to gambling, 25% for investment and 5% for your daily needs. I think this is a good plan or maybe make it 40% for your savings, you never know when you are going to need it but i'm really sure you will need it in time. Just don't let yourself out of control for playing gambling and you will surely lose all your savings.

Lomberjack

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I'm alway divided my winnings. 25%for my savings. 25% for gambling. And 50% are for investment. The reason why I don't put larger percentage in gambling is because I believe that you don't need to gamble huge amount of money to earn huge profits. Decent money that I can risk is what I'm only playing.

crwth

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Quote from: South Park on June 23, 2017, 02:14:19 PM

Quote from: gabmen on June 23, 2017, 06:20:09 AM

Quote from: erwin45hacked on June 22, 2017, 02:57:46 PM

Quote from: MCS23 on June 22, 2017, 02:14:43 PM

It would be much wiser to lay out your Bitcoin in a very profitable event or even to the same Bitcoin buys more crypto currency. The fact is that today the crypto currency is very well raised and spread throughout the world. Because of such a good demand, I'm sure that the price will grow constantly and not only on Bitcoin, but also on other crypto-currencies, altcoyins.

You are kidding right? let me get this straight, you are telling me that you are playing so that you can get profit and then you are going to buy altcoin with that? how is that going to make you money when almost every altcoin is just based on pump and dump? it is pretty much the same as gambling in another form

Not entirely. There's much better and more.certain profit from trading altcoins than gambling. Though i don't get it why you still have to gamble and hope for winnings when you can just go trade in the first place instead of gambling. If you're just going to spend your winnings investing in altcoins, wouldn't it be much better if you invested your capital there instead?

Everyone is different what you say makes a lot of sense but some people like to take risk, that is simply the way it is, however, I will say that although it is likely that if you invest money in an altcoin you can make money, the truth is that there are many coins and tokens out there that offer no utility and any investment on them is probably going to be a waste of time and money.

That's true, in their white paper, there is no pure purpose, they just indicate there what they are planning to do and not what they have done already. So when someone invests there, it's a pure risk and probably that's going to be what you are going to be scared about. It would be a waste, but if you've invested in an altcoin that has a plan, then probably you will be rich.

peter0425

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Quote from: Chachacoin17 on June 23, 2017, 09:47:47 AM

If i win a huge amount in gambling maybe i grab my opportunity to finish my studies in school because im not graduated in a college degree and for the better future. I also help my family like financial problem because if we gambling again maybe thats the time our money was loss and its better to save it or invest in buseness to earned some profit.

Hey mate, I think gambling is not a good source to further your studies. Yes, I agree and I salute you because you want to finish your studies but I think gambling will not provide you with this. You better find alternatives, otherwise you will not only lose your money in gambling, but you will not finish your college and pursue you dreams.

South Park

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Quote from: gabmen on June 23, 2017, 06:20:09 AM

Quote from: erwin45hacked on June 22, 2017, 02:57:46 PM

Quote from: MCS23 on June 22, 2017, 02:14:43 PM

It would be much wiser to lay out your Bitcoin in a very profitable event or even to the same Bitcoin buys more crypto currency. The fact is that today the crypto currency is very well raised and spread throughout the world. Because of such a good demand, I'm sure that the price will grow constantly and not only on Bitcoin, but also on other crypto-currencies, altcoyins.

You are kidding right? let me get this straight, you are telling me that you are playing so that you can get profit and then you are going to buy altcoin with that? how is that going to make you money when almost every altcoin is just based on pump and dump? it is pretty much the same as gambling in another form

Not entirely. There's much better and more.certain profit from trading altcoins than gambling. Though i don't get it why you still have to gamble and hope for winnings when you can just go trade in the first place instead of gambling. If you're just going to spend your winnings investing in altcoins, wouldn't it be much better if you invested your capital there instead?

Everyone is different what you say makes a lot of sense but some people like to take risk, that is simply the way it is, however, I will say that although it is likely that if you invest money in an altcoin you can make money, the truth is that there are many coins and tokens out there that offer no utility and any investment on them is probably going to be a waste of time and money.

buyinbtc

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Quote from: erwin45hacked on June 22, 2017, 02:57:46 PM

Quote from: MCS23 on June 22, 2017, 02:14:43 PM

It would be much wiser to lay out your Bitcoin in a very profitable event or even to the same Bitcoin buys more crypto currency. The fact is that today the crypto currency is very well raised and spread throughout the world. Because of such a good demand, I'm sure that the price will grow constantly and not only on Bitcoin, but also on other crypto-currencies, altcoyins.

You are kidding right? let me get this straight, you are telling me that you are playing so that you can get profit and then you are going to buy altcoin with that? how is that going to make you money when almost every altcoin is just based on pump and dump? it is pretty much the same as gambling in another form

Yes, some people think of trading as of gambling, but this is not dumb or bad idea. It is much easier to get profit with less risk if you know what you are doing. If you don't, there's plenty of youtubers and other guides abaout trading how to earn profit. In gambling you get earn money with luck but it is also risky, so i think trading is better , so his idea is really good.

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Quote from: Chachacoin17 on June 23, 2017, 09:47:47 AM

If i win a huge amount in gambling maybe i grab my opportunity to finish my studies in school because im not graduated in a college degree and for the better future. I also help my family like financial problem because if we gambling again maybe thats the time our money was loss and its better to save it or invest in buseness to earned some profit.

If i were in your situation dude i wouldn't even think about gambling. There are a lot of productive things you can do instead of gambling to achieve your goals. I even think that gambling is one of the worst things you can do if you have these set of goals

Chachacoin17

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If i win a huge amount in gambling maybe i grab my opportunity to finish my studies in school because im not graduated in a college degree and for the better future. I also help my family like financial problem because if we gambling again maybe thats the time our money was loss and its better to save it or invest in buseness to earned some profit.

gabmen

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Quote from: erwin45hacked on June 22, 2017, 02:57:46 PM

Quote from: MCS23 on June 22, 2017, 02:14:43 PM

It would be much wiser to lay out your Bitcoin in a very profitable event or even to the same Bitcoin buys more crypto currency. The fact is that today the crypto currency is very well raised and spread throughout the world. Because of such a good demand, I'm sure that the price will grow constantly and not only on Bitcoin, but also on other crypto-currencies, altcoyins.

You are kidding right? let me get this straight, you are telling me that you are playing so that you can get profit and then you are going to buy altcoin with that? how is that going to make you money when almost every altcoin is just based on pump and dump? it is pretty much the same as gambling in another form

Not entirely. There's much better and more.certain profit from trading altcoins than gambling. Though i don't get it why you still have to gamble and hope for winnings when you can just go trade in the first place instead of gambling. If you're just going to spend your winnings investing in altcoins, wouldn't it be much better if you invested your capital there instead?

Shutup

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Quote from: crwth on December 11, 2016, 10:26:14 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?

It depends upon gambling I consider that if you do something for a purpose and you bet your money to invest,then expecting for failure or success.If you gamble and get addict to gambling then you will be a failure never to be rich at all.make sure if you bet you have a goal to win that game so that you'll be a winner.

If I win I will invest to a business so that I have a profit everyday.Everythings going out from me I should replace it immediately so that I will not lost my capital.Bitcoin betting for me is good once I win I get a big profit on it.Thats the only way to be rich for instant I can get a million to a bitcoin.

South Park

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Quote from: Kasabus on June 21, 2017, 11:51:44 PM

Quote from: South Park on June 21, 2017, 06:11:18 PM

Quote from: crwth on December 11, 2016, 10:26:14 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?

It will depend on the size of my earnings, if the earnings are small I will probably spend them with my friends and having fun with them, but if the earnings were significant, I will probably save them and invest them in bitcoin immediately, if my earnings were not in bitcoin in the first place, then I will hold since I have faith in bitcoin and that the price will go up.

Or it depends on what type of gambler you are, if you are professional you will account everything you win and you can make
it as your additional bankroll. But if you are just a typical gambler, you can spend it in anything you want, it's the way to reward
yourself anyway.

Well, that is a good point, if you are a professional gambler then that could become part of your bankroll and now you could make even bigger bets and get bigger rewards but since I’m an average player like most people here that it is no going to win in a consistent basis I will prefer to put those earnings in bitcoin that way you will get some really nice benefits with it.

erwin45hacked

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Quote from: MCS23 on June 22, 2017, 02:14:43 PM

It would be much wiser to lay out your Bitcoin in a very profitable event or even to the same Bitcoin buys more crypto currency. The fact is that today the crypto currency is very well raised and spread throughout the world. Because of such a good demand, I'm sure that the price will grow constantly and not only on Bitcoin, but also on other crypto-currencies, altcoyins.

You are kidding right? let me get this straight, you are telling me that you are playing so that you can get profit and then you are going to buy altcoin with that? how is that going to make you money when almost every altcoin is just based on pump and dump? it is pretty much the same as gambling in another form

MCS23

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Quote from: crwth on December 11, 2016, 12:41:59 PM

Quote from: btcdevil on December 11, 2016, 10:54:34 AM

I am a professional Sports Betting person, i have my daily limit of betting and from that limit i split it in different bets what ever i win or lose my daily limit dont change, so in long term my ROI is high, after i get triple of my invested limit i just withdraw bitcoin which i invested even i keep only my daily limit bitcoins balance i keep it in other wallet for future betting if anyday my bad day i lose daily limit i have to use the reserve limit for next day betting.

For a professional sports betting person, how do you research on bets and how do you manage to do that? How much limit do you also have? So what is your biggest win then? What did you do with it?

I agree with your withdrawal style of making it triple before withdrawing it. I would try to do that myself.

It would be much wiser to lay out your Bitcoin in a very profitable event or even to the same Bitcoin buys more crypto currency. The fact is that today the crypto currency is very well raised and spread throughout the world. Because of such a good demand, I'm sure that the price will grow constantly and not only on Bitcoin, but also on other crypto-currencies, altcoyins.

tigershark

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Quote from: crwth on December 11, 2016, 10:26:14 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?

Like most people that gamble, I mostly lose when I play. However, occasionally I have a winning streak and can end a day with a gain. I usually keep the winnings in my account and use it for more gambling.

Ideally it would be good to take some of the winnings out as profit, but if you lose more than you win overall, you would need to keep funding your account anyway so the only way to take a profit is to quit while you're ahead.

Oilacris

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Quote from: EdenHazard on June 22, 2017, 05:53:51 AM

Quote from: Oilacris on June 20, 2017, 02:44:28 PM

Quote from: EdenHazard on June 20, 2017, 02:36:28 PM

Quote from: KennyR on June 20, 2017, 11:22:49 AM

Quote from: the rise on June 20, 2017, 08:09:53 AM

I will definitely use it as well as I want, the income I earn comes from my own victory, I never withdraw the initial capital and if it needs to keep growing. I am not the type who likes in glamor life, I prefer to keep it in a bank or other business.

That's good not to withdraw the capital amount. Withdrawing it will cause a quit to gambling or take a break. As said making use of the earned bitcoin into something as a business or saving to multiply for future usage is good move and different users have different usage plans.

just think about this , when you have cashed out the winning amount and keep the initial deposit but then in the next day you lost all the initial deposit. what you'll gonna do? make another deposit with the previous amount that has been cashed out?

the circle of loser are real in gambling . i think it is reasonable to say make money through gambling continuously are a difficult task. better to cash out the whole amount and forget gambling forever.

Easy to say but its really hard to do it and as you speak when we lose up our capital we would normally deposit back on those profits that we have made on those capital which means on the end you will still end up losing it all.Useless right? In my case i would cashouted it all and buy the things that i do like because its much better to secure something that you can use rather than losing it on a thin air.

that is true , better to use the winning amount to buy something real , a physical stuff. so you can see that your time and your effort to gamble has been paid off whenever you see that bought stuff , you won't make another deposit too as there is no money left.

i know to leave gambling forever are the hardest thing for a gambler, that is why there is a second option , just what i have said earlier.

This is the thing comes to my mind always on which i do secure a particular thing that i can bought with the money i won because its fulfiling that you see physically and can be used on longer periods of time. Wise persons do have this kind of trait imho because we do know to control ourselves and not easily be decieved on playing gambling even more when we are already on profits.

EdenHazard

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Quote from: Oilacris on June 20, 2017, 02:44:28 PM

Quote from: EdenHazard on June 20, 2017, 02:36:28 PM

Quote from: KennyR on June 20, 2017, 11:22:49 AM

Quote from: the rise on June 20, 2017, 08:09:53 AM

I will definitely use it as well as I want, the income I earn comes from my own victory, I never withdraw the initial capital and if it needs to keep growing. I am not the type who likes in glamor life, I prefer to keep it in a bank or other business.

That's good not to withdraw the capital amount. Withdrawing it will cause a quit to gambling or take a break. As said making use of the earned bitcoin into something as a business or saving to multiply for future usage is good move and different users have different usage plans.

just think about this , when you have cashed out the winning amount and keep the initial deposit but then in the next day you lost all the initial deposit. what you'll gonna do? make another deposit with the previous amount that has been cashed out?

the circle of loser are real in gambling . i think it is reasonable to say make money through gambling continuously are a difficult task. better to cash out the whole amount and forget gambling forever.

Easy to say but its really hard to do it and as you speak when we lose up our capital we would normally deposit back on those profits that we have made on those capital which means on the end you will still end up losing it all.Useless right? In my case i would cashouted it all and buy the things that i do like because its much better to secure something that you can use rather than losing it on a thin air.

that is true , better to use the winning amount to buy something real , a physical stuff. so you can see that your time and your effort to gamble has been paid off whenever you see that bought stuff , you won't make another deposit too as there is no money left.

i know to leave gambling forever are the hardest thing for a gambler, that is why there is a second option , just what i have said earlier.

Topic: What would you do with your winnings? - page 32. (Read 29881 times)