That fund was used to buy about 3 BNB when it was trading close to the $100 mark. Assuming I took profits at the peak of the market, that would had been a massive gain although now I'm not in loss as well since I'm still up from my
initial entry point.
This is good to hear that you are good reinvesting the gambling gains back to your coins to expect more big profit at the bull time. You have been preparing ahead for time to come and I'm learning from this kind of advise too. Cashing out early in the bull may have brought you profit but no regret because the future profit is coming.
Reinvestment of money earned from gambling is a way of earning more profits in the future or investing in capital projects is another alternative means of smart investment, personally I had never won any tangible amount of money via spot bettings, however I will give soccer betting a trial this upcoming season I hope to win huge profits so as to also reinvest in some profitable coins, this thread is an eye opener for me and learnt various way of judicious use of money earned via sport bettings.
Indeed, reinvestment is a good way to maximize your gambling profits and to make it more valuable in the long run. Instead of spending your gambling winnings to luxurious items that will just have price depreciation overtime, you could opt to just allocate your winning prizes to investing to valuable and profitable coins such as bitcoin and other altcoins that have proven their potential. Of course, before doing so, make sure to background check first to avoid being scammed and to avoid unnecessary losses that could be prevented by research.
While reinvestment is a good thing, I have nothing against those who choose to enjoy their winnings and satisfy themselves. After all, we should still indulge once in a while, but not too much and instead in moderation.