I am earning and collecting bitcoin to bet on sports in future.Will it be a good choice to invest in it betting or other things.Where should i invest my bitcoin to have a long term profit?
If you only have a small amount of bitcoin then no, betting is not a good idea. Gamble with fiat if you only have a small stash of bitcoin's. Bitcoin is too precious to waste gambling if you don't have a lot. Hold onto your bitcoin, it will be worth more & more as time goes on.
Small or big amount of bitcoin, it is not good for a newbie to just try and gamble. If you want to try and gamble then read up some experiences here on the forum or elsewhere. Know what you should avoid. I for one was a newbie to gambling once, and oh boy, if I knew what I knew today. I would not have done what I did in the past.
I agree if one does not have any past experience in gambling then a newbie in bitcoin themselves should not start gambling just to earn bitcoin. Only those who have suffered the addiction of gambling can relate to the dangers it has on normal lives and how it can destroy someones life if they are not careful. They would repent later on so its better not to.