Random is random. There are no such thing as a working pattern in luck based games. Only luck. If it was possible to outsmart mathematics with these patterns, every would do it. Like your friend realized, it only works till it doesn't. He won those bets because he was lucky, that's the only explanation there is to it. I remember I used to try Martingale and many variants of it, I also tried random patterns... all of them failed eventually.

Let's say you pick a random number from 1 to 1000, and you got 1. What's the chance of getting 1 again in the next turn? Do you think just because you got 1 earlier, you can't have it again? Wrong. The chances of getting 1 in the next game are the same as the last game. 1/1000

Litecoin is still one of the cheapest alts out there with a good user adoption. It certainly doesn't deserve its current price. I think a fair price for litecoin today is no less than $500 ($ 30 billion market cap) but somehow the markets are pricing it way less. This is the OG altcoin, don't get fooled by the noobs. If doge can have a $20 billion marketcap, Litecoin should have a bigger market cap than doge that's for sure. If people can hodl this long enough, they will get rewarded for their patience. Litecoin is fast, litecoin is cheap to use and it has an excellent reputation. If you are an investor and looking for a coin which hasn't made its moonshot yet, look no further.

Saving creates wealth. You are pretty wrong on this one. The thing is, you should invest in the right assets. By “saving money” we don’t mean “saving FIAT”. Of course you should always have some FIAT to pay your bills and do your groceries but that’s it. Everything else should either go to crypto/gold or stocks/real estate. If you really insist on investing in FIAT at least buy some high yield bonds so it won’t be a complete waste. Keeping FIAT without having any returns on it is the worst investment of the century and the best way to stay poor.

Hodl and add some more till I get a good profit I guess. The hardest part is that we don’t know when will we reach the top of the bull market. That means we don’t know when to sell. If the prices go up x10 and then go down 80%, you won’t really make any meaningful profits. We need to sell the rip and buy the dip again. Or sell the rip and live like a king. If you wait too much, you will lose your chance.

You know what they say:

"Hodl it till you make it."

Unless you are content with the gains, just keep adding to the pile and don't touch. If you really want to have a piece from the action, just have a separate portfolio and only make trades with these coins and leave your hodl coins untouched.

Do you think we are at the top of the run? Then it is a good idea to start liquidating slowly. However,

What if this is only the beginning of the real action?

If you knew s/he was addicted to gambling before you started your relationship, then it means you accepted him/her like that. That means it shouldn't make a difference if s/he wins or loses. You will love that person anyway.

If I were that person and my wife lost money to a casino, It wouldn't make a difference to me. I wouldn't get upset at all. Since I was married to that person, I probably agreed to it because she wasn't a brain dead addict in the first place and that means she has common sense. She would realize her mistake and correct herself without needing my help probably after losing that money.

It should has some activity. It shouldn’t be a coin which is totally forgotten. Like namecoin or feathercoin for example. Does anyone remember those? No.

Litecoin on the other hand has a good user adoption and it has been falling against btc for a long time. Recently though it is actually beating btc price-wise.

Dogecoin is the same, no even better because it has a better brand recognition. It is up by ~20% against btc in the last 24 hours. These coins are rocking hard now.

Why would do the gov subsidize miners? They ain’t doing no public service. Miners are private entities. Actually the gov should stay away from everything. It is for the best. They shouldn’t provide any education or healthcare. Let the private companies handle everything. The smaller the gov is, the better is. Government are inefficient and they cause inflation because of their inefficiency. Corporations are efficient because if they aren’t, they go bankrupt unlike the gubbermints.

Depends. If the debt was owed to a friend or a family member, I don’t think that you can inherit that debt legally because it doesn’t exist on any records. If the debt was owed to a casino for example, then the company will indeed do whatever necessary to collect that money because they have the records of the debt in this case… but then casinos don’t loan money to their players as far as I know. The players can’t play unless they deposit first. That means the casino won’t find itself in a situation like what you described.

Today's glitch tomorrow's reality.

"Not your keys not your coins."

People will never learn it seems and I am not really different. I still hold some coins in an exchange even though I know that I shouldn't. But damn trading opportunities are so good and you can't make trades without you make a deposit first.

There are a few decentralized trading platforms, I should probably dig into those too.

Feels good actually.

Doge is up 26% against bitcoin in the last 24H. I actually converted some btc to doge yesterday when the action started and I can have more btc now if I convert my doge back to btc.

Even LTC is up 11% against BTC since yesterday even though it has been on a death spiral for the last 5 years or smth.

It is all relative.

People who bought LTC 5 years ago are cursing their luck while people who bought LTC yesterday made some money.

The general adoption will increase without a doubt but only a few crypto will dominate the whole industry, so it means it won't be much different than how it is today. I said the general adoption will increase but it will never beat FIAT imo. It is because decentralized networks aren't as efficient and fast as centralized networks. If that was possible, btc would have beaten mastercard/visa but it didn't. That means we still need centralized projects because they can scale infinitely unlike blockchain. BTC's marketcap will probably beat Gold's mc. That's a more realistic expectation.

The right answer varies from person to person. How much do you have in btc? Do you hold everything in btc? What's the cost of life in your country? What's your age? Do you own a house? etc... Based on the answers you'll give to these questions, you should follow a specific asset liquidation strategy. Since we don't know your situation, we can't give you any meaningful advice here.

Here is an example:

Is the money in btc enough to buy a house? If you don't own a house at the moment > sell btc and buy a house.

Having a college degree doesn't guarantee you anything. Many people get rich not because they graduated, it is because they are smarter than the others. If you are smart, you will quickly notice that they don't teach us anything about finance during our education. It is you who should show an effort to learn finance. Without knowing finance, you can't start a successful business and starting a good business is pretty much the best way to get rich. Smart business owners know how to evade their taxes legally, they know when to invest and when the liquidate assets. You can't learn any of these from the public education system. Not every student who studied finance is rich too and it is because even if you study finance at the college, they still don't teach you the critical information. They just want you to be smart enough to understand orders and dumb enough to stay an employee.

Pretty much yes. Especially if you rely on only technical analysis then it is not really any different than throwing dice. When you use fundamental analysis, then trading becomes like sports betting. You have some data you can study and make educated decisions based on that data. It still won't make you a trading expert because if it were that easy everybody would make the winning decisions and nobody would take the losing trades. As you quickly realize, it is somebody else's money you win when you make a successful trade. Just like how it happens in gambling.

Only you can decide what is right or wrong for you.^[1] If you think you are alright, then keep doing what you are doing. It gets dangerous when you start selling your live savings, wife’s jewelry etc… Of course there are other signs too before it gets out of hand but other people won’t notice these signs as good as you because:

1- They don’t know what you are doing
2- They are not you, so they don’t care

^[1]Which brings me to the point in my first sentence.

Good news is, you haven’t lost anything that matters so you can always stop playing before it is too late. Most people aren’t that lucky.

Like I said, I don't wager $100 every time I play. It is a very rare event. Like 1 bet in every 30 bets maybe. (I usually do it when there is a big game like world cup finals or champions league finals) Normally my wagers are around $5-$10. I guess somehow I learned to control my greed.

When you think about it is not the amount that is important. It is the percentage that really matters. If $500 was 1% of my monthly income, then It wouldn't cause any problems.

Like you said gambling should stay as a form of entertainment only. The moment we think that we can get rich from it, it gets dangerous.

1- It was around $500.
2- Yes I lost it.
3- No. I wasn't ready for it. It was a dumb decision by me. I could have used that $500 for something more productive but that's the thing with gambling. I wouldn't have complained had I won the bet. Since I lost, now I can complain all I want. I wish I've done that, I wish I've done this.

Now I don't really bet big anymore. $100 at most and that's still a rare occurrence.

It only makes sense for him to be a Dollar supporter since he wants to be the president of the United States. What was he gonna do? Badmouth the dollar and support bitcoin? Wouldn't that be treason? I mean the USD is the national currency of the US and he is the ex president. I find his last speech very positive for bitcoin. He is not exactly hating USD and he is not hating BTC too. You can't expect anything better than him. He will never say for example: "Alright, we are going to leave USD and use BTC as our national currency starting from tomorrow." That's not going to happen. It doesn't matter who the president is, Trump or Biden or anybody else. As long as they are not banning crypto, they are supporting it. (Biden or Trump or whoever) That's the only support we need from them. We didn't even need an ETF... Honestly, we were better without an ETF.

This is very good for the gambling industry because if more women get interested in gambling, they will also attract more men into gambling. This is true for every industry when you think about it. The more women listen to certain type of music, the more men follow. It is also sad in a way. I am not sure if these women gamble to have fun or to have an income. If they are playing to have fun then it is a good thing. It means they are not in poverty. Otherwise it means their monthly income isn't enough and they are trying to generate income in a place where they shouldn't...