If you would win a large amount suddenly, like a jackpot or a lottery, what would you do with the money? Especially if the money is coming to you suddenly, unexpected, and you were not prepared to win such large amount.
Let's say you would win something like 200 BTC or more, which I have seen many gambling websites payout from time to time. What would you do with it?
1) You would gamble with it again, trying to multiply the bet, to get even more money
2) You would withdraw the money, and invest it into some financial investment: maybe some cryptocurrency investment, maybe some fiat investment
3) You would spend it:
A) Buy a car or a house
B) Spend it on women or wife
C) Spend it on your kids
4) Donate it to charity
5) Start up a business
6) Hold it in Bitcoin
7) Other
I might partial it into 2,3a,4,5 and all that is left will be for 6. And will have maybe a few percent for 1 since I might missed playing and as for enjoyment. Plus travelling with my family and loves one. It's so nice to think pf these things to happen.
this is a great idea and maybe we can follow like what you will do. and yes for 1, we should not use big money to continue playing gambling because its too risky, we can lose everything we have and there are no guarantee for us to win the jackpot again. it is the best for us if we can enjoy for 2, 3a, 3b, 4, 5, 6 because i think its a gift for us which not every people can win.
Gambling is not an option in this case at the very first place. Starting a business in order to have long term profits and everlasting earning is smart.
Giving some of it to charity is good to earn some virtue. Also, sharing is caring and giving others decreases your greed while making society more stable. The best of all is to invest in Bitcoins.