Can gambling be considered a "high risk investment"? - page 20.

Oralmat

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Quote from: pvaspecialist on August 23, 2016, 08:32:52 PM

Quote from: poordeveloper on August 23, 2016, 07:22:57 PM

I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy

I don't think gambling can be considered as high risk investment.It can be a game to check your luck and in this game you can be winner or loser.An investment you have chance to losing but not so fast like within minutes and in investment you have at least something left.

It is right that gambling is not made for high risk investment but now it become for us high risk way. And so far as investment so it is for us how we use the gambling as investment or like a game. But believe me sometime it feel gambling is an other way of earning or investment for us.

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Quote from: Bestwishes745 on September 08, 2016, 05:34:03 PM

Quote from: lorylore on September 08, 2016, 01:54:14 AM

Quote from: Babayega31 on September 07, 2016, 10:48:11 PM

Quote from: poordeveloper on August 23, 2016, 07:22:57 PM

I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy

Yes investment and gambling are considered highly risky because now a days many investment site that no one can be a long term they are all scam. Also in gambling you do not know if gonna win or lose because gambling is we need a luck for our winning. But if you have no luck for sure your money gonna lost in few hours.

Investment without any knowledge is considered as high risk cause you dont even know how the money will work for you and all you depend on is just luck. Even when the site is obviously a scam, many people still believe it and pour in more money. One great example is hashocean.

Agree with you, many people believe that luck is enough in gambling but I will say that with luck alone they cannot say that which site is legit and which site is scam, they will earn a bigger amount of money with their luck on any scam gambling sie but there is a chance that the owner run away from there.

Hashocean is just a cloudmining scam site which almost of people do actually fall for that site because of such high returns on daily basis. They are claiming that they are legit and no site would say that they are scam.lol. Gambling is not an investment its just an entertainment but if you invest on the house then its an investment.

Rubberduckie

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Unless you feel like you have the edge over the house or you are
the house (bookie) it should just be considered entertainment. If you
go into gambling realizing its just for fun win or lose then you lose much
less. It's the people expecting to get rich because they won a couple times
at the local indian casino that go poor quickly.

MasoVa

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no, i dont think gambling is investment, but gambling is high risk is right
because gambling and investment is different, but same with high risk

Bestwishes745

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Quote from: lorylore on September 08, 2016, 01:54:14 AM

Quote from: Babayega31 on September 07, 2016, 10:48:11 PM

Quote from: poordeveloper on August 23, 2016, 07:22:57 PM

I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy

Yes investment and gambling are considered highly risky because now a days many investment site that no one can be a long term they are all scam. Also in gambling you do not know if gonna win or lose because gambling is we need a luck for our winning. But if you have no luck for sure your money gonna lost in few hours.

Investment without any knowledge is considered as high risk cause you dont even know how the money will work for you and all you depend on is just luck. Even when the site is obviously a scam, many people still believe it and pour in more money. One great example is hashocean.

Agree with you, many people believe that luck is enough in gambling but I will say that with luck alone they cannot say that which site is legit and which site is scam, they will earn a bigger amount of money with their luck on any scam gambling sie but there is a chance that the owner run away from there.

wxa7115

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Quote from: lorylore on September 08, 2016, 01:54:14 AM

Quote from: Babayega31 on September 07, 2016, 10:48:11 PM

Quote from: poordeveloper on August 23, 2016, 07:22:57 PM

I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy

Yes investment and gambling are considered highly risky because now a days many investment site that no one can be a long term they are all scam. Also in gambling you do not know if gonna win or lose because gambling is we need a luck for our winning. But if you have no luck for sure your money gonna lost in few hours.

Investment without any knowledge is considered as high risk cause you dont even know how the money will work for you and all you depend on is just luck. Even when the site is obviously a scam, many people still believe it and pour in more money. One great example is hashocean.

Investing without doing your due diligence is the fastest way to bankruptcy, you must take care of your money as much as you can because no else cares about your money the way you do, so if you don’t do due diligence you are basically handing you money to a stranger and hoping to get more in return.

Just a question, does anyone on the forum give hundreds of dollars (or even thousands) to strangers on the street? I know I don’t, so why you will give money to a stranger online?

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Quote from: lorylore on September 08, 2016, 01:54:14 AM

Investment without any knowledge is considered as high risk cause you dont even know how the money will work for you and all you depend on is just luck. Even when the site is obviously a scam, many people still believe it and pour in more money. One great example is hashocean.

And it's like a suicide if a person will deal to an investment without having further knowledge on what they are entering. Just because they saw others getting profits from that kind of investment they will do the same in an instant without any precaution.

Good examples are, investing in ponzi (like you said), listening to altcoin hypes, doing strategy in those house edge type of gambling games and many more.

lorylore

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Quote from: Babayega31 on September 07, 2016, 10:48:11 PM

Quote from: poordeveloper on August 23, 2016, 07:22:57 PM

I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy

Yes investment and gambling are considered highly risky because now a days many investment site that no one can be a long term they are all scam. Also in gambling you do not know if gonna win or lose because gambling is we need a luck for our winning. But if you have no luck for sure your money gonna lost in few hours.

Investment without any knowledge is considered as high risk cause you dont even know how the money will work for you and all you depend on is just luck. Even when the site is obviously a scam, many people still believe it and pour in more money. One great example is hashocean.

goldcoinminer

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Quote from: Dr.Osh on September 07, 2016, 11:46:59 PM

Well, if you ask me, so it really can be considered a very high risk investment. it is because of gambling, is a very fast way to generate a lot of money, but these advantages have negative impacts which would you face in the future, because not everyone can make money very quickly from gambling. You also need a great fortune to be able to make a lot of money, so therefore that's why gambling can be regarded as an investment with a very high risk

Not everyone because most of the gamblers does not take the opportunity to invest, they rather play against the house try to win money but the real opportunity to win in gambling is when you begin to invest, and by investing in gambling site you are likely to earn money because the house always wins.

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Well, if you ask me, so it really can be considered a very high risk investment. it is because of gambling, is a very fast way to generate a lot of money, but these advantages have negative impacts which would you face in the future, because not everyone can make money very quickly from gambling. You also need a great fortune to be able to make a lot of money, so therefore that's why gambling can be regarded as an investment with a very high risk

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Quote from: poordeveloper on August 23, 2016, 07:22:57 PM

I know it isn't an investment, but in the last few years some "high risk" investment funds have appeared, and in them you can either lose it all or earn a lot of money.

Isn't this basically the same as gambling? Wouldn't it be faster to just deposit the amount in a casino? At least you'd be able to spend your earnings much sooner Cheesy

Yes investment and gambling are considered highly risky because now a days many investment site that no one can be a long term they are all scam. Also in gambling you do not know if gonna win or lose because gambling is we need a luck for our winning. But if you have no luck for sure your money gonna lost in few hours.

skylighters

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Quote from: wxa7115 on September 07, 2016, 10:27:49 AM

Quote from: setupbounds on September 07, 2016, 09:01:00 AM

Quote from: wxa7115 on September 06, 2016, 05:45:23 PM

Quote from: thejaytiesto on September 05, 2016, 10:03:24 AM

I consider altcoin investing a sort of gambling investment since it seems to be so damn random. Sure, you can invest with better odds than going into the casino, but its still a risky investment, so it would qualify the definition of risky investment.

Well, the problem with many alt coins is that many are not made with the intention to be a competitor to bitcoin, after all the only way any of this new coins will have a chance is if they did everything that bitcoin did and then more, but a lot of this coins are just copycats so is very obvious that the developers of this copycat coins are just trying to cash on the fame of bitcoin.

Yes, rather investing into altcoins, it would be better to use your bitcoins for the purpose of gambling, at least you can have some entertainment for the money you are spending unlike facing losses with alt-coin investments when they get dumped. Still I'm not encouraging going for gambling, but at least with a gambling we can have the purpose fulfilled what we are planning.

There is some money to be made out of altcoins no doubt about that but I really doubt that there are that many people that have the money and knowledge to take advantage of that, on the other hand some people always recommend to invest the money and they forget that money is also meant to be spent, not all of it, but some.

you are right, i think that gambling is a high risk investment option that can either make you some goof money or can make you lose a lot

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Quote from: chaser15 on September 07, 2016, 08:59:57 AM

Quote from: dunfida on September 07, 2016, 08:47:21 AM

Its just commonsense you really cant play gambling if you dont have money since its the primary need when you do gamble. Gambling has big risk indeed since you are risking your money to earn money and the house edge is always win for sure.

And because that is the common thing when facing the house edge of a gambling game, people needs to learn other type of gambling that will make the risk really worth to try.

Strategy based games are the best example for it as to be able win here, people doesn't need pure luck.

the house edge will always make you lose everything in a longer run it is the main reason why it is not an investment to be honest

wxa7115

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Quote from: setupbounds on September 07, 2016, 09:01:00 AM

Quote from: wxa7115 on September 06, 2016, 05:45:23 PM

Quote from: thejaytiesto on September 05, 2016, 10:03:24 AM

I consider altcoin investing a sort of gambling investment since it seems to be so damn random. Sure, you can invest with better odds than going into the casino, but its still a risky investment, so it would qualify the definition of risky investment.

Well, the problem with many alt coins is that many are not made with the intention to be a competitor to bitcoin, after all the only way any of this new coins will have a chance is if they did everything that bitcoin did and then more, but a lot of this coins are just copycats so is very obvious that the developers of this copycat coins are just trying to cash on the fame of bitcoin.

Yes, rather investing into altcoins, it would be better to use your bitcoins for the purpose of gambling, at least you can have some entertainment for the money you are spending unlike facing losses with alt-coin investments when they get dumped. Still I'm not encouraging going for gambling, but at least with a gambling we can have the purpose fulfilled what we are planning.

There is some money to be made out of altcoins no doubt about that but I really doubt that there are that many people that have the money and knowledge to take advantage of that, on the other hand some people always recommend to invest the money and they forget that money is also meant to be spent, not all of it, but some.

setupbounds

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Quote from: wxa7115 on September 06, 2016, 05:45:23 PM

Quote from: thejaytiesto on September 05, 2016, 10:03:24 AM

I consider altcoin investing a sort of gambling investment since it seems to be so damn random. Sure, you can invest with better odds than going into the casino, but its still a risky investment, so it would qualify the definition of risky investment.

Well, the problem with many alt coins is that many are not made with the intention to be a competitor to bitcoin, after all the only way any of this new coins will have a chance is if they did everything that bitcoin did and then more, but a lot of this coins are just copycats so is very obvious that the developers of this copycat coins are just trying to cash on the fame of bitcoin.

Yes, rather investing into altcoins, it would be better to use your bitcoins for the purpose of gambling, at least you can have some entertainment for the money you are spending unlike facing losses with alt-coin investments when they get dumped. Still I'm not encouraging going for gambling, but at least with a gambling we can have the purpose fulfilled what we are planning.

chaser15

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Quote from: dunfida on September 07, 2016, 08:47:21 AM

Its just commonsense you really cant play gambling if you dont have money since its the primary need when you do gamble. Gambling has big risk indeed since you are risking your money to earn money and the house edge is always win for sure.

And because that is the common thing when facing the house edge of a gambling game, people needs to learn other type of gambling that will make the risk really worth to try.

Strategy based games are the best example for it as to be able win here, people doesn't need pure luck.

dunfida

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Quote from: saiha on September 07, 2016, 12:40:03 AM

Quote from: buyinbtc on September 06, 2016, 10:20:41 AM

Quote from: ausbit on September 03, 2016, 02:22:30 PM

Quote from: outatime1 on September 02, 2016, 08:02:20 PM

Very high risk investments are a little like gambling. Even investing in bitcoin is high risk and could be considered gambling since there is a relatively good possibility that we could lose all of our money.

Investing in bitcoins cannot be at all considered with gambling, while we always loose in gambling on the other side investing in bitcoins gives profit only and nothing else.
And no gambling is not a investment ( high or low risk ).

because it is not gambling at all in my opinion and i think that it is the best investment option ever so i definitely buy bitcoins

Investment is really the best thing to do and it has also the risk the same thing with gambling. And gambling is just becoming considered as high risk because of the small chance of winning.

And you need to invest also or have capital in it in able to gamble because if you don't have capital in it then you are not allowed to gamble.

Its just commonsense you really cant play gambling if you dont have money since its the primary need when you do gamble. Gambling has big risk indeed since you are risking your money to earn money and the house edge is always win for sure.

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Quote from: buyinbtc on September 06, 2016, 10:20:41 AM

Quote from: ausbit on September 03, 2016, 02:22:30 PM

Quote from: outatime1 on September 02, 2016, 08:02:20 PM

Very high risk investments are a little like gambling. Even investing in bitcoin is high risk and could be considered gambling since there is a relatively good possibility that we could lose all of our money.

Investing in bitcoins cannot be at all considered with gambling, while we always loose in gambling on the other side investing in bitcoins gives profit only and nothing else.
And no gambling is not a investment ( high or low risk ).

because it is not gambling at all in my opinion and i think that it is the best investment option ever so i definitely buy bitcoins

Investment is really the best thing to do and it has also the risk the same thing with gambling. And gambling is just becoming considered as high risk because of the small chance of winning.

And you need to invest also or have capital in it in able to gamble because if you don't have capital in it then you are not allowed to gamble.

wxa7115

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Quote from: thejaytiesto on September 05, 2016, 10:03:24 AM

I consider altcoin investing a sort of gambling investment since it seems to be so damn random. Sure, you can invest with better odds than going into the casino, but its still a risky investment, so it would qualify the definition of risky investment.

Well, the problem with many alt coins is that many are not made with the intention to be a competitor to bitcoin, after all the only way any of this new coins will have a chance is if they did everything that bitcoin did and then more, but a lot of this coins are just copycats so is very obvious that the developers of this copycat coins are just trying to cash on the fame of bitcoin.

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Quote from: ausbit on September 03, 2016, 02:22:30 PM

Quote from: outatime1 on September 02, 2016, 08:02:20 PM

Very high risk investments are a little like gambling. Even investing in bitcoin is high risk and could be considered gambling since there is a relatively good possibility that we could lose all of our money.

Investing in bitcoins cannot be at all considered with gambling, while we always loose in gambling on the other side investing in bitcoins gives profit only and nothing else.
And no gambling is not a investment ( high or low risk ).

because it is not gambling at all in my opinion and i think that it is the best investment option ever so i definitely buy bitcoins

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