I suggest you invest it on safe gambling. You just cant keep the money lying down there without working for you. That’s a retrogressive way of money management. The current exchange market and trading isn’t as favorable as before, and I can’t ask you to go and but any coin now, so therefore, an alternative means of investment is required. I would only suggest what I myself do, which is safe gambling. It all about betting with a big amount on small odds. one has to be strategic and disciplined to be able to make a good amount of money.
In gambling, someone has an edge. It’s either you or the man on the other side of the betting line. That usually is the house, standing for bookmakers and casinos. That edge is either predetermined (think of roulette, where you are paid 35-to-1 on a 37-number wheel) or fluctuating (think of betting odds that move up or down). The best way to comprehend the edge is a coin toss.
Imagine you bet on a coin flip, at less than even odds. No matter your choice of heads or tails, you are going to lose money, in the long run.
You are betting on a 50-50 chance but only get paid less than double your money on each coin flip! Depending on how much less you are getting paid, your bankroll will withstand a certain amount of bets. So, if I’m offering you 1.90 (decimal odds) for each coin flip, your money will end up in my pockets after 200-300 coin flips. That’s how you have been feeding the gambling industry. And that’s what the house edge is all about. But how do I know how big is your bankroll?
Before you even think of beating the casinos or the bookies, you must understand risk management. Also known as bankroll or capital management, risk management will be the decisive factor in your success. You also have to choose a good casino and my favorite choice due to their quality services and big bonuses is
Vegas Casino. No matter how much edge you gain over the gambling companies, bad risk management will make your betting bankroll evaporate. Now comes the really tedious task of creating a profitable gambling strategy. Finding an edge in the market isn’t easy, I’ll tell you that. If it were that easy, and given the simple risk management rule I explained, everyone would be a winner. But you already know that only 5% or so of gamblers can make it pay.
In order for you to make money, someone has to lose. It’s a zero-sum game, where gambling operators also get their cut. Thus, we need to exploit the market, looking for leaks and biases, like the favorite-longshot bias . The average gambler follows specific betting patterns. You mustn’t do the same. Always do something different, always think different.