the easiest way to win in gambling is to learn more about the games you are playing and there are two general categories of games:

1) those based on skills: so you have to start learning the skills to be able to win.

2) those based on luck more than anything else: for these games you have to learn a good strategy for winning in them.

i remember the first time i heard about bitcoin i didn't even care enough to research further about it and learn more about bitcoin, and in my defense i have to say the person who told me about bitcoin had no idea about what it really is and said some bizarre stuff about mining and solving mathematical equations which was boring to even listen to

my suggestion is not to go 50/50 with bitcoin and gold but instead spread this 100% among multiple investments.

these can be bitcoin for sure, gold since you like it in this topic and we are all taking about it and also because it is one of the oldest and most reliable investments, altcoins if you are interested in them they are good investments, and in the end stock market if you are into that.

this way the risk is lower while the profit is the highest.

ethereum took a big hit after the DAO hack and the poorly handled situation after it by this centralized altcoin.
this is something that it can never clear from its name and will always remain with ethereum forever. and the price is surely fake because everybody was trading ETC when ETH got pumped by the whales and manipulators which was unnatural.

litecoin is a strong coin after bitcoin and will continue being strong for the foreseeable future. the coin could keep its volume up for a very long time and it is practically considered old, you can even say it is as old as bitcoin considering all other altcoins die so young.
but i don't think scenarios like 2 or 3 will ever happen in the crypto world.


don't even read the trolls posts.
the funny thing about these desperate traders is that they think people forget about things they say from time to time.
he says litecoin is dying and goes to sub $2 and he can't even make up his own mind and in less than 10 days he claims litecoin is going to $25
all these are desperate acts to create some FUD and possible panic

exactly. and not only your location but also there are many problems with using money payment processors for example like PayPal, or any other that works in US and under their law, they will block your account and your money in it if you deposit in a gambling site.

you can't say this generally about everyone who is gambling. i agree that there are some who are playing like what you said but that is not everybody and not even the majority.

many are only gambling for the fun of the games and only because they enjoy the game and also taking risks with their money.

also there are many who are professional gamblers like those poker players you see in Las Vegas Poker Tournaments that are making million dollar bets and earn a lot of money from gambling.

it is wrong to even compare trading with gambling.
trading is for earning money and making profit.
gambling is for having fun and playing games.

you can earn a profit with gambling too but that doesn't make gambling an investment.
besides this topic is about investing in a gambling site's bankroll so you become a partner and it has nothing to do with either gambling nor trading

OP is one of those guys who asked something with terrible English and ran away never showing up to clarify his own question.
and i am sure since he said "like fake money" he is not talking about earning bitcoin, instead he may be thinking about making fake bitcoin which is not possible as it was explained before.

i believe that the recent dump can potentially act as a spring that was pressed down. because it provided everybody with the opportunity to buy cheap coins and also to test the downward resistance.

nothing has changed nowadays.
as always investment is hard and risky, you have to be careful about where you invest your money.
there has always been scammers, ponzi schemes,... and there will always be these things around. they just change form but the principle is the same.
and it is not hard to recognize them either. you just have to spend some time.

they are the same but they also have differences too.
as it was said before bitcoin is a currency also so you can withdraw it and use it as such, exactly like forex market so i guess it is more similar that way.
but the trading part is similar you place orders and buy and sell the same way. and technical analysis works here too.
the difference however is that stocks market is so much bigger and there is a company behind the stock that you buy but there is no company behind bitcoin and it is pure supply and demand.

i don't really understand how sunlight and heat can make then cheap electricity but if that is true then it makes a good investment for a mining farm. and surely there are people with enough money to start a mining farm there although cooling may be a problem.

besides you can always buy a GPU for gaming and start solo (or pool) mining altcoins yourself.

short answer: why not use PayPal then?

long answer: if you read the bitcoin paper, one of the reasons for creating a technology called bitcoin was implementing a non reversible transactions.

as the paper points out, you will need trust in reversible systems and the businesses have to start asking for lots of information on their customers to provide them with services.

and always there is going to be a big dispute about whether you should accept the reversal or not and you have to judge which party is lying.


i smell centralization.
and again why not use paypal

that is true but hacks can be resolved, the site can fix the problem on their platform that lead to the hack so that is just a one time thing and may affect a couple of games if the site replies fast to the problem.

but the main problem with online poker apart from not seeing the opponent face is that you can never be sure that you are playing against a human or the site itself and whether or not the site is seeing your hand.

you can look at this board and see all the gambling games that are possible. look at the announcement topics and visit the sites that you like.

practically you can gamble on anything, on dice, on coin flip, or even on the result of presidential candidacy.

you can also visit my signature for a different experience of gambling on a provably fair game

do what other people in other countries do.

earn bitcoin through different ways like mining bitcoin or mining altcoins, you can earn bitcoin as an individual by offering services, and many other ways.

you can buy bitcoin and use it as a currency.
if you have a business of your own like a sandwich shop, you can start accepting bitcoin and spread the word.
if you are a customer you can ask them to start accepting bitcoin and show them how easy it is and introduce them to bitpay.

if you use google and search for how to buy bitcoin you can find all your options.
but generally it depends on how you like to do it. you can use services like coinbase and circle mostly if you are living in US to buy bitcoin easier. or you can even use any of the exchanges like kraken, bitstamp, ... to buy bitcoin with credit card use cex.io
and also to buy from individuals go to localbitcoins.com and pay with cash, paypal.....

Please accept my condolences on the passing of your father.

the thing that you forgot to mentions is that what is your purpose for doing this?

if you are looking for security and holding bitcoin for a long term then paper wallet is the best choice and Trezor is good only if you are willing to spend $100+ on it.
also move your topic to an appropriate board here is speculation

but if you are speculating about the price of those physical coins like Casascius then you should look at the Collectibles board here https://bitcointalk.org/index.php?board=217.0 and ask your question there.