Topic: Bitcoin is life - page 4. (Read 862 times)

Op, in this same topic you have discussed

• Bitcoin as life
• Bitcoin as the best coin in the world
• Gambling
• Trading  

We all have many things to share but try as much as possible to discuss one theme under one topic subsequent time. If you do so, your post will have less chnaces of being an off topic post.

No one should be addressed as being financially ill, they have the right to their opinions. And examining the cade very well will tell that there are some percentages of gambling in bitcoin investment, which is why you are advised to invest o ly what you can lose. So, be guided.

But gambling is bad, why are you not saying that gambling is bad?

Strictly speaking, bitcoin may be a part of some people's lives. Like me, I have improved my financial situation thanks to bitcoin so I also consider it an important part of my life but it is not all I need. There's more to life than that and don't forget that before bitcoin appeared, we were still alive and existing.

After all, bitcoin is money, it is an opportunity, and if we seize and take advantage of the opportunity, the person with the greatest merit is still ourselves, not bitcoin or anyone else who brings us that success. Our lives are decided by us, not property or anyone.

Your post made my head hurt. With all the incomplete messages and confusing structure.

Why would be comparing Gambling and Bitcoin equate to mentally Ill already?

Gambling and Bitcoin = Mentally Ill

Like how would that suffice the factors of real mentally ill people? Isn't that toxic mindset to begin with just because you do not have the same mindset as other people?

That is possible if you are going to put your whole income into gambling. If you cannot control your gambling, then you should seek help right away. It's easy to say but hard to do for an addict.

For very disappointing reasons, you should be careful with these words. I agree that Bitcoin is the best coin in the world, but if you are talking about gambling and Bitcoin is very narrow, your understanding still needs to be broadened. I don't know where to start, and why it would cross your mind to generalize people who gamble with Bitcoin as mentally ill. Bitcoin owners are free to use it for anything because there are no rules on its use, even for negative things. The problem is that Bitcoin is just a tool and the tool depends on who uses it.

You are right, but not completely justified in arguing that gambling is risky. I know the risks of gambling and everyone here should know better. However, there are rights and limitations that you cannot simply determine.

You like Bitcoin, so buy more. You don't like gambling so don't try it. And there is absolutely no connection from the thread title to the content.

Others may see it as life to them because it has impacted their lives big like coming from poverty but because they invested in Bitcoin they were able to jump to the middle class as they were able to build a house and a car and get their needs met because they'd gotten tons of profit from it. But you are right that it is just an instrument and another way we can earn profit from it and an opportunity that needs to be grabbed by the people as they can gain something from it.

Bitcoin really has a big impact on me financially and I treat it as an opportunity to earn even though I am poor as I was able to experience things that I couldn't do before because we couldn't afford them.

It's just another spam thread with some useless random text from my local thread user. This guy claims he has five years of experience in Bitcoin trading and eight years of gambling experience. Yet he asks others how he can make money from Bitcoin. He believes Bitcoin is life because it is tradable, and he can make money from it. But he did not think about real-life work and business where he could get his life as well. I guess you already know why he created this thread. He would praise Bitcoin and get some merits from the community. Unfortunately this attempt was failed. I wrote him a couple of times in his thread. But he decided to ignore me. LOL.

I don't really see a lot of people comparing gambling with Bitcoin because they are totally different things, Bitcoin is a cryptocurrency, or maybe a payment method as well and gambling is an action, a hobby, something that people do either to have some fun or to try their luck and possibly win some money. Other than the fact that Bitcoin can be used for gambling since most cryptocurrency gambling platforms accept it, there is no correlation between Bitcoin and gambling.

You can say that gambling can be bad if someone doesn't know how to manage their activities or their money in a good manner. Someone who is responsible and knows how to manage their time and money when gambling, it isn't really bad for them since they will only have some fun gambling.

Don't really know what you're talking about, the choices you make are like this.
For me Bitcoin is super good, in my opinion no one calls Bitcoin bad, if there is it's a ridiculous human being, I'll cross it out which is not my choice.

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But what makes me wonder....! Why do you associate Bitcoin with gambling, is that a joke, I hope so, Bitcoin is clearly different from gambling, Bitcoin has value while gambling has no value, gambling is a game, Bitcoin is not a game, but a form of transaction, investment and trading, that's clear.

You don't give us good points here, the title and topic content are contradictory, in the future, improve the topic content and title before creating a topic.

Bitcoin is not life, but it can be an instrument for us to survive the life we are going through today when it comes to financial problems. and Bitcoin can also be an opportunity for anyone who believes that it can be a source of money that can be used to exchange real money that our country has.

Apparently, Bitcoin is like a package that can be used in many ways, not only for payment but also for savings in the future; it can also provide for us and can also be a way to fulfill our dreams in life.

They tend to mislead themselves with the words 'gambling' and 'gamble.'

Bitcoin is a gamble because of its risk. Simply investing in it poses a risk to your money due to its high volatility. There's no guarantee of profitability. However, it's been proven that some people have been profitable by investing in bitcoin compared to traditional gambling. If we are realistic enough, we will understand that only a few gamblers make money because we play against the house, whereas with investing, we hope that the demand for Bitcoin will increase, leading to an increase in its value.

An increase in demand for Bitcoin is highly likely to happen. Winning in gambling? It's uncertain.

I see why they think of it like that though. However, such opinions are based on what they read, heard and watched online made by the same people who lacks proper knowledge, background and experience with Bitcoin. Hence, it is truly best for individuals to conduct their own research regarding Bitcoin (and honestly anything else they are not familiar with) and based their own opinions and perspective there, that way it will not be tainted by the already flawed opinions of others. It is due to this that we shouldn't put much hate to those who have false knowledge about Bitcoin as they are probably just victims of negative fake news and info found online. Instead, we can share what we know to them and let them comprehend it on their own. We cannot force people to see and understand Bitcoin the way we do, but we can share to them what we know. That's the best way we can handle things.

They are maybe people who compare bitcoin to gambling in your eyes, because I always see people comparing bitcoin trading to gambling, not the entire bitcoin or the investment.

However, people who compare this currency to gambling are those who still lack knowledge of how this currency fluctuates systematically; if not, it’s obvious that bitcoin investment, bitcoin trading, and gambling are entirely different.

Because we always see bitcoin with its bright future, we all believe that the future of bitcoin will definitely have a positive impact on our lives as time goes on. For the people who think the price of bitcoin is not as low as we suppose it to buy, they are still misunderstanding how the market works because bitcoin is still at the normal price that we are supposed to buy and hoard for a long period of time.


If I understand you correctly, you are trying to say that instead of someone who should gamble, they should use the money to trade bitcoin or make an investment, which I think is true, but you know this life is all about wishes. You cannot force someone to trade bitcoin if they wish to be a gambler.

However, if every gambler loses money, then definitely there will be no gambler today, but since some people gamble and get money from it, that is why some people choose to do it. Also, all you can say is that they should gamble sense because too much of everything is bad and gambling is something that seriously results in bad situations. If we do it too much.

They compare bitcoin with gambling because they don't know the important features and technology used behind it, they just see it as a easy to create something online which is not worth the money we pay to buy bitcoin.

Who know about bitcoin's special features like anonymity, store of value, digital gold, decentralised currency, etc.
They don't compare it with gambling.

Some persons around me call investment in Bitcoin gambling not because they disrespect the coin but due to it's volatile nature. They just assume that since nobody can certainly predict the price of Bitcoin in the future it is gambling. But this is really a wrong notion about Bitcoin. Gambling is more riskier and unpredictable than bitcoin. Gamblers target instant profit, whereas Bitcoiners projects to make a profit in the long term.

Responsible gambling is not wrong but it becomes a problem when one becomes addicted to it. It is financially wrong to use money that has been budgeted for investment to gamble. My take is that individuals should have a budget that clearly stipulates funds assigned for gambling. Anyone who cannot control his drive for gambling should avoid engaging in it.

No one can control other people to carry out any activity, including gambling, everyone has a level of awareness in carrying out their activities and if gambling can make things worse then they must also consciously stop gambling. Likewise, if we talk about investing in bitcoin and those who have been involved in it will definitely choose to invest and those who hate bitcoin will continue to say negative things about it. I mean in this life people have different criteria when carrying out something and these criteria can be seen from how far they want to be involved in it.

Bitcoin does have a big impact on people and if it can be run correctly, then we can find financial freedom through the investments we make. Therefore, when someone believes in Bitcoin, there are many things they may have gone through to make the decision to get involved in it.

Gambling is an activity of playing gambling games using money. Meanwhile, Bitcoin is a cryptocurrency used to gamble at crypto casinos, just like you use fiat currency at fiat casinos. And we are not here to compare gambling and Bitcoin because they are different things.

You can gamble with fiat or Bitcoin or even altcoins. And you can also trade at the same time to earn Bitcoin or stablecoins. But if you focus more on gambling, you will experience many losses because gambling is not a place to make money. Gambling is simply to get pleasure from playing various gambling games.

But if you want to make a profit, you can focus on trading, but with a note that you can analyze the market. You can also profit from investing in Bitcoin but you have to be patient and wait until the price of Bitcoin increases before you sell it.

It is not fair to compare bitcoin with betting because bitcoin is not like gambling and bitcoin is generally a good currency for investment and ranks at the top of all currencies in the crypto world. Investors will get better profits for the future by holding for a long period of time. When it comes to investing in crypto bitcoin is the safest because it is less volatile than other cryptos the next few years could see a huge growth in bitcoin if you want to start investing in crypto you can do it with bitcoin many people have also made huge money investing in it. Its popularity is increasing day by day the future is bright through bitcoin investment and there is no fear of getting lost or running away.

I partially agree and disagree with what you stated, I agree that Bitcoin and gambling shouldn't be compared because they are different entity and has different function but I disagree that Investing in crypto can be as unpredictable as a dice roll because crypto investment can be mitigated by risk management while dice rolling is purely unpredictable.


It is clear in the dictionary the definition between gambling and Bitcoin that they are far too different from each other.  Even investment and gambling is also not the same.  All items even the stablecoins have fluctuation thus they have volatility, even the goods and commodities in the market also fluctuates in price so it is not a good reason to say Bitcoin is like gambling.

I get what you're saying but agree with others that its quite silly comparing gambling to Bitcoin - not really the same thing. Bitcoin obviously has potential and is a technological advancement in the financial world, but it's also not a sure bet. Investing in stuff like crypto can be as unpredictable as a dice roll. Investing in any asset, including Bitcoin, comes with its own set of risks. The cryptocurrency market is known for its volatility.

Some people have no knowledge about bitcoin and they see its volatility so it is understandable that they compare it to gambling.  or there are people who consider this life a gamble so there is nothing to blame them when they consider everything a gamble.  when we do business or do anything, we are betting on whether it will succeed or fail, so that is also gambling.  each person has a different concept of life, like the number 9, viewed from the bottom up it is number 9 but when viewed from above it is number 6.  It doesn't matter what Bitcoin is, what's important is what benefits it brings to us.