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he didnt said that he spend big amount on his investment or gambling activity because he didnt said any numbers . we need to spend only according to our standards but investing small always lead to small return at first although you can save it and invest it again to gradually increase your earnings but i wont recomend gambling our invested money because gambling is more riskier . by the way my favorite coin for gambling is different from investing . i only invest with btc while i gamble with alts , i can do this by converting my btc using my wallet .
Yup, I only say IF
. Perhaps, we can invest gradually as you say for at least six months or one year, so when the target to invest is reached, we don't have to invest again, but we can see how much the investment will grow.
Using bitcoin as the investment will be a perfect choice, and using the altcoin to gamble will not be a problem. With so many altcoins that we can use to gamble, I think it can prevent us from using bitcoin to gamble because bitcoin is too expensive to be used for gambling.
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Usually, altcoins with low demand/popularity have the fastest transaction confirmation times and cheapest fees in the industry. They make great cryptocurrencies for gambling because of the benefits they provide over Bitcoin or even Ethereum. Dogecoin is a cryptocurrency that's widely accepted in online gambling sites, although the same is inactive in development and innovation. Due to its inexpensiveness, anyone can gamble using DOGE without breaking the bank. It's one of my favorite cryptocurrencies for gambling besides TRON, ETH, and BTC.
With COVID-19 encouraging people to interact in the online world, we might see increased adoption of crypto gambling sites soon. An advantage of these types of gambling sites is that people don't need to verify their identities to participate (KYC). It's just like physical cash where you go ahead, place your bets, and gamble your way towards victory. If the gambling industry starts embracing crypto/Blockchain technology, things would've been a lot different than what they are right now. My guess is that in the future, physical casinos will cease to exist, as everything will shift to the online realm. With crypto, transactions are a lot faster, cheaper, and anonymous than traditional credit/debit cards (depending on the type of cryptocurrency). For now, ETH dominates the decentralized gambling industry. But TRON and EOS could follow suit, due to their unmatched speeds and near-zero fees (in EOS, there are no fees).
Nonetheless, many people will choose ETH and DOGE as their favorite cryptocurrencies for gambling because of the benefits they provide among other coins on the market. As long as the crypto you choose has mainstream adoption, it'll become accepted by renowned gambling companies in the industry. Even if your favorite crypto is not accepted by a gambling site, you can always convert it to BTC for peace of mind. Let's hope that more gambling sites accept crypto for the benefit of the Blockchain industry. Just my thoughts
Dogecoin will be the choice for many people, as they don't have to worry about spending too much money to buy dogecoin or spend too big of dogecoin. That is why I choose dogecoin as one of the coins that I've used to gamble besides litecoin. I feel that if I spend more than 1k of dogecoin, that will not be a problem for me depend on if I use 0.001 bitcoin because I know that I won't spend more than 100 dogecoin per day
Actually, with the Covid-19, the crypto gambling industry has a chance to attract more people, especially for the offline casino player to try and move their choice to the online crypto gambling. That can be their alternative to playing gambling without verifying themselves to protect their identity from fraud. But I don't think that the offline casino will cease to exist in many countries that allow gambling because the offline casino will still have their fan, and they still play in that place to remember the old memories.
We will see it later, and if the crypto adoption can grow fast after the pandemic, it will allow online crypto gambling to be the next bigger industry on the internet.