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Topic: Do You think ICO Investing Is Worse Than Online Gambling - page 3. (Read 4199 times)

legendary
Activity: 2366
Merit: 1408
I've never invested in any ICO, if you compare ICOs to gambling, it's a better idea to gambling
The vast majority of ICOs were just a joke, people did a great whitepaper, a beautiful website, put some photos of "devs" and ok, people invested thousand of dollars in these lies, but at least some people learned the lesson and nowadays it's hard to fool people
full member
Activity: 941
Merit: 100
for current market conditions, maybe yes. ICO investment is also very difficult to find a profit almost the same as gambling, but I prefer gambling to ICO investment.
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
I prefer Online gambling because I don't need to wait a couple of months. Again, I don't believe in ICO these days because most of the ICO is a scam. In gambling, I can depend on my luck at least and sometimes I can win also. But ICO investing is more dangerous than gambling without proper research about the ICO company. I still do rely on a good ICO project which has a proper strategy and doesn't give away free worthless token.
full member
Activity: 515
Merit: 101
No, I don't think joining the ICO is worse than gambling. Participating in ICOs can be quite risky now. However, with good research, you can reduce this risk. No matter how good a strategy you have in gambling, you always need a chance. And can be addictive the gambling. So I prefer a risky but non-addictive ICO rather than addictive gambling.
ICO can make you lose money but if you have good knowledge, ICO can still make good profits, gambling is not an option because gambling only loses and very few people can win. I always research very thoroughly before joining this market and have participated in everything so gambling is not good for you. If you want to invest safely, you should only choose ICO because this is a new investment trend for everyone in this market.
legendary
Activity: 2450
Merit: 1047
Do You think ICO Investing Is Worse Than Online Gambling? what do you think
On ICO investing you will have to wait for several months like 3 to 10 months before the ICO is finished and you'll wait to 2 to 3 months more to get the coin in the market and there's no guaranty that you will make a profit, majority of the coins coming from ICO are down 50 to 90% and that was over a year of waiting.

on online gambling, if you play your cards right like when you have control on when to stopped and you have built a strategy, you can win over and over again and you can withdraw your gains immediately

At the present condition of ICO it's worse than gambling, on gambling you have 50-50 chance you can win or lose if you are lucky, on ICO you will be betting on a project that you did not know is being run by scammers, so you have 100% chance of losing your investment, and one thing more you will have to wait over a year to see if you really win betting in that ICO.
member
Activity: 1022
Merit: 10
with similarities as returns of release from the table of market of exchange to sees with nominal of option on submission with funds on request to put on order with the new position on table, investors to work of customs with the notable quotes of moderation as defining with one as fine to results with decision of appeals on running with the following future with the calendar.


jr. member
Activity: 191
Merit: 1
Both are very risky tbh, but what I think separates gambling and investing on ICO's is that gambling really depends on luck. If the odds are not in your favor, you're set for loss. But in regards to ICO's, investors can still do their own research of studying the project and checking verified websites to see if the company is legit. Once you got into a project that has met all your requirements, then all we can do is to rely on them to deliver their promises.
member
Activity: 910
Merit: 12
No, I don't think joining the ICO is worse than gambling. Participating in ICOs can be quite risky now. However, with good research, you can reduce this risk. No matter how good a strategy you have in gambling, you always need a chance. And can be addictive the gambling. So I prefer a risky but non-addictive ICO rather than addictive gambling.
newbie
Activity: 76
Merit: 0
It can be considered as a gambling game for those who lack knowledge, smart people will choose good projects
hero member
Activity: 1666
Merit: 453
online or real-time gambling is not good, as it is just a matter of luck.
Remember that no one will ever build a casino if there is a chance to lose money on their side.

About investing, it is much better as it is our knowledge and brain to work before investing.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
If we investing on scam cryptocurrency project then yes, it will be worse than gambling.
In gambling, you have a chance to win some profit but the chance is 0% to get profit in investing scam ICO.
We can get the conclusion that we need to know the legitimacy of the ICO before investing.
hero member
Activity: 3052
Merit: 685
no, we cannot say it is gambling because I know many people who invested in an ICOs has earned huge profits see who is behind the project and invest in it.

Really? So if I said I also know many people who earned huge profits behind gambling and casinos, then that's not gambling?

I do agree, investing is not pure gambling but you have to admit there is a big element of luck involved as well as timing, neither of which can be controlled or predicted very well.

Well, personally speaking, investment is not gambling because before we are investing our money we did our own research and make a commitment based on the fact we gathered. while gambling itself is all about win or lose, but investment sometimes is all about development and discovery.

But we also win or lose in investing, we considered it a loss when the coins we invested is a scam one or the project will go scam in the long run.
When it become scam, there's no chance for us to recover our money even if we hold the useless coins.

The only question here is, is investing in ICO is worse than gambling?
Actually it's a wrong question because in the first place gambling is not worse, it's a great activity that could give entertainment and could make us profitable at the same time, when we don't have skills in gambling, we don't attempt to consider having a journey in making money on it, but once we are in crypto, we are not looking for fun, we are looking for potential project to invest.

Both are good actually if we will be able to manage plans properly.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
At least when you gamble, you have the control all over your money whether you have deposited it to the casino where you play. While in ICO, when it's already on the developers it would be hard for you to refund it.
In casino, you can withdraw whenever you want.

That's true you can stop anytime, or go slow anytime and wait for your lucky turn, but when you deposited it to an ICO it's going to be a long wait and you will develop anxiety, not knowing if your investment has a chance to yield or not, there is always the fear that the ICO developers will run away, while gambling sites have longevity.
You have the option to stop or let your money lose unlike in ICO, once you have invested in the wrong project. The chance that you can recover your money is very low.
But the days of ICO are now long gone and there will be few of them that will survive but the whole industry has been made with a bad impression.
full member
Activity: 632
Merit: 122
no, we cannot say it is gambling because I know many people who invested in an ICOs has earned huge profits see who is behind the project and invest in it.

Really? So if I said I also know many people who earned huge profits behind gambling and casinos, then that's not gambling?

I do agree, investing is not pure gambling but you have to admit there is a big element of luck involved as well as timing, neither of which can be controlled or predicted very well.

Well, personally speaking, investment is not gambling because before we are investing our money we did our own research and make a commitment based on the fact we gathered. while gambling itself is all about win or lose, but investment sometimes is all about development and discovery.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
no, we cannot say it is gambling because I know many people who invested in an ICOs has earned huge profits see who is behind the project and invest in it.

Really? So if I said I also know many people who earned huge profits behind gambling and casinos, then that's not gambling?

I do agree, investing is not pure gambling but you have to admit there is a big element of luck involved as well as timing, neither of which can be controlled or predicted very well.
member
Activity: 476
Merit: 12
We can say that ICO investing is worse than online gambling if you really not know how to use ICO. Because if you are clearly understand about using and investing ICO you have a very good opportunity to earn and free from loss. Unlike in online gambling as long as you know how to play game you can play and earn but the fact is even you have enough knowledge about gambling you have also possibility to loss.
sr. member
Activity: 602
Merit: 252
Investing in ICO/IEO is a whole different ball game compared to online gambling. The main difference being the people who put their money being divided into two different classes namely "investors" and "gamblers" respectively.
The only problem with the former is that it requires patience and perseverance to make money and is aimed at a longer period to earn profit while with the latter, it takes just a few minutes and some lucky to get hefty rich real quick.
full member
Activity: 546
Merit: 100
Yes, because ICO project can cheat their investors that you won't expect to happen.  I have heard many times where the most hyped ICO projects are where there are many families invested first so they can dump a lot of tokens when it get started to list. It's just not some families or relatives but sometimes it is VC who had the many tokens supply at a very low rate than the ICO, private sale or seed price.
member
Activity: 784
Merit: 10
Some other people or investor really says that gambling has a little bit good opportunity or better than entering ico for investment. As they experienced huge lost on what they invested and participated in an ico project, in that case they rather want to enter into online gambling game than investing on an ico because they may have the chance to win on an online gambling game.
sr. member
Activity: 1039
Merit: 250
BabelFish - FISH Token Sale at Sovryn
Do You think ICO Investing Is Worse Than Online Gambling? what do you think
On ICO investing you will have to wait for several months like 3 to 10 months before the ICO is finished and you'll wait to 2 to 3 months more to get the coin in the market and there's no guaranty that you will make a profit, majority of the coins coming from ICO are down 50 to 90% and that was over a year of waiting.

on online gambling, if you play your cards right like when you have control on when to stopped and you have built a strategy, you can win over and over again and you can withdraw your gains immediately

because i'am not a gambler, i think ICO still better than online gambling mate
if we can find a good ICO project to invest, we can get a good profit too,, but remember patience is the key
anyway better to be a trader rather than gambler my friend  Wink
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