What do you guys do with your gambling profits?

[nattekut]

I am not talking about stake specifically but what do you guys do with your withdrawed profits from gambling.

Me personally I am investing all profits I make from stake, poker and sport betting into the crypto market. I am not investing in bitcoin but I use every single profit I make to buy a bunch of Altcoins. At this moment the Altcoins market have been bleeding and they all are soooo cheap. So I just purchase new coins or expand my bags of coins I already have and just keep them for 6-12 months. I am pretty sure I will be very happy that I did this cause I know that all those alts will be able to reach their ATH again or even gonna crush their ATH.

I just want to take as much as possible advantage from the profits I make

[Tueur]

save for some time and lose later.

[CntryBoy]

For the most part I will withdraw my winnings and profits to my "gambling/entertainment" wallets just in case I need them to play later on.  Some of them I also use on sports betting, but I have separate funds that I use for investing.

[barbaris]

This is certainly great, but I'm afraid to invest in altcoins, it is possible only besides Ltc, Eth can be invested in these currencies, because they are likely to start growing soon.

[nattekut]

1 minute ago, barbaris said:

This is certainly great, but I'm afraid to invest in altcoins, it is possible only besides Ltc, Eth can be invested in these currencies, because they are likely to start growing soon.

every single alt can grow. I invest in 50-60 different coins and just see how it will go. 

some coins I invest in XRP, LTC, ETH as big coins but also in NEO, ADA, NEO, STRAT, QTUM , BURST and many more. I am not interested in the project behind the coin just want to benefit in the long run 

[barbaris]

6 minutes ago, nattekut said:

every single alt can grow. I invest in 50-60 different coins and just see how it will go. 

some coins I invest in XRP, LTC, ETH as big coins but also in NEO, ADA, NEO, STRAT, QTUM , BURST and many more. I am not interested in the project behind the coin just want to benefit in the long run 

I tried this before, but failed and no longer got involved. Maybe I just did not pay attention to this and did not study the projects that issue coins. I wish you good luck and profit.

[allisonn]

I don't think I've ever really done anything with the profits. Just stack them up like a high score. I know I have more than before but couldn't be bothered to find some use for it. Maybe I will lose it back or not, who cares.

[jinz]

I usually hold the profits I got from gambling in my wallet, sometimes I exchange it into fiat if I needed extra money. I am little by little buying some TRX every week now using some of my winnings, waiting for another ATH just like you.

[jualid]

Same like you, mostly i moved the profit from gambling to poker and sportsbook and i cash it out the rest. Everytime i make profit, i take 50% of the profit to my wallet and the rest for gambling again.

[williamshennie9]

I mostly withdraw my profits and then invest them. I don't really invest in altcoins that much because i really don't know much about them, and I don't have much time to research a lot about them.

[yololife222]

Hey, ussually if i get from 20$ depo to 170$ i withdraw it and mostly buy my family some thing or take to a nice restorant,or by my self some thing nice. Persoanaly i newer invest or deposit back the money i won cuse i know theres ower 80% chance that i will rip it cuse that hase happend alredy plenty of times.

[Menang]

When I get profit, i use it to buy other coins and invest in it. Besides sometimes I use too buy some snacks or drinks. Well I never experience a big win , maybe if I could I will use the money to go on vacation

[sugam]

gamble again and again and but everything

gamble again and again and but everything

Gamble it again and again and bust everything .. that's what I do Xd haha

[Xantys]

I reinvest all the profits in trying to win more. I guess this is not correct money management but unfortunately that's the way it is.

[Kinou]

Personnally, I play my profit and try to win big and make more profit. And with my profit from my profit, I try to make a new profit, and from this profit, another new profit. 😂

And finally, I bust my profit. Back to the inital balance

[nattekut]

8 hours ago, williamshennie9 said:

I mostly withdraw my profits and then invest them. I don't really invest in altcoins that much because i really don't know much about them, and I don't have much time to research a lot about them.

I never study the Altcoins. I just pick random coins that yet are around for some time already and proven their value. Then I just wait until they moon again. I did it in 2017 already and made me good money. I think I saved about 10,000€ in 50-60 different Altcoins with my sport bet profits and at the end of the bullrun those 10,000 had  a 150,000$ value without doing anything but keep them in my wallet 

[nuuuitsjdragon]

21 hours ago, nattekut said:

I am not talking about stake specifically but what do you guys do with your withdrawed profits from gambling.

Me personally I am investing all profits I make from stake, poker and sport betting into the crypto market. I am not investing in bitcoin but I use every single profit I make to buy a bunch of Altcoins. At this moment the Altcoins market have been bleeding and they all are soooo cheap. So I just purchase new coins or expand my bags of coins I already have and just keep them for 6-12 months. I am pretty sure I will be very happy that I did this cause I know that all those alts will be able to reach their ATH again or even gonna crush their ATH.

I just want to take as much as possible advantage from the profits I make

That’s actually an awesome way to spend your profits on alts and further increase your investment % across the Cryptocurrency market.

I wish I had that much control and prior planning though... at this moment I’m struggling to even make profit much less think about where to spend it on LOL.

[St0rmshad0w]

21 hours ago, nattekut said:

I am not talking about stake specifically but what do you guys do with your withdrawed profits from gambling.

Me personally I am investing all profits I make from stake, poker and sport betting into the crypto market. I am not investing in bitcoin but I use every single profit I make to buy a bunch of Altcoins. At this moment the Altcoins market have been bleeding and they all are soooo cheap. So I just purchase new coins or expand my bags of coins I already have and just keep them for 6-12 months. I am pretty sure I will be very happy that I did this cause I know that all those alts will be able to reach their ATH again or even gonna crush their ATH.

I just want to take as much as possible advantage from the profits I make

Gamble some more sometimes lol

[Etude]

I have not really involved myself too much with investing in Altcoins from my gambling profits. It may well be time to do so now, as they say better late than never.

[nattekut]

Just now, Etude said:

I have not really involved myself too much with investing in Altcoins from my gambling profits. It may well be time to do so now, as they say better late than never.

Yes indeed. If it is time to invest in alts then it is now. All alts bled to death the past 12 months and have a value that is only a fraction of their previous ATH. I am already putting all my gambling profits in Altcoins almost for 6 months now and I think I almost have about 25k $ stacked up in 50-60 different Altcoins. Now its just a matter of waiting for them to moon and hit or crush their previous ATH

[wowa24]

 

I reinvest all profits in other projects, cryptocurrencies and ICo. A part is simply stored in the wallet, and I invest some cryptocurrencies in trading and try to trade, sometimes it turns out successfully, sometimes not, in any case, I need a lot of experience. Very rarely, I spend gambling profits in my life because my main task is to expand the cryptocurrency portfolio. In general, given the current situation on the cryptocurrency market, the best action is to trade in the long and short-term, you can see for yourself how bitcoin rises and falls by 10% per day and 100% per year, you can very well earn such volatility.

[angel67]

Listen, you’re the one who sees, just be careful, that’s all:(

[nattekut]

29 minutes ago, wowa228 said:

 

I reinvest all profits in other projects, cryptocurrencies and ICo. A part is simply stored in the wallet, and I invest some cryptocurrencies in trading and try to trade, sometimes it turns out successfully, sometimes not, in any case, I need a lot of experience. Very rarely, I spend gambling profits in my life because my main task is to expand the cryptocurrency portfolio. In general, given the current situation on the cryptocurrency market, the best action is to trade in the long and short-term, you can see for yourself how bitcoin rises and falls by 10% per day and 100% per year, you can very well earn such volatility.

I do similar only not investing in projects or ICO. in my opinion they are just waste time and money. I invest all in crypto and hold for long term. Not for trading cause I already am trading crypto full time. so no need to add more money in trading

[Kate]

Umm nothing much just use it for trading and sometimes i just generally go to various other sites and if i like some posts i give them some of it just to share the love and really keep them going thats why. 

[Kippo]

I do gambling with the purpose of farming extra money to buy some snacks and drink and other goods to get without using my salary. So I cashout every time I got 20$ that’s enough to buy food and snacks for a day and it’s still enough for 4 cups of beer in my country