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

copper member
Activity: 224
Merit: 0
Seems you like looking for high yield investment cos I dont know why you should be thinking of online gambling in any way but is all good for you cos I dont invest in ICO anymore and can't even think of gambling with my money when I know what it could be even if I buy some token or coin to hold for years .

I dont joke with any penny now since I know what crypto is and that says a lot that I can never gamble with my money, even ICO to me is a gamble.
member
Activity: 742
Merit: 12
I consider both as gambling since I can't be guaranteed success of any ICO. The difference is gambling brings instant result either I lose or win, while ICO takes a year to know if I burned my hard-earned money in a shit project, or made a wise input. So, I'll consider gambling as an even better option for the instant result. Some exception I consider when IEO happens on Binance, Okex, Huobi, KuCoin, or Gate exchange.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
At least ICO invest and online gambling two different think if you have learned about it then you will be understand, personally i haven't yet participate online gambling but I was participate many ICO invest. Basically luck good for me ICO invest if i take more suffer i will be happy with makes profits.
it is clear that ICO and gambling are different. it's just that, for the time being, the ICO that runs is sometimes detrimental, it doesn't even go according to what they have planned. because of this, the investment sensation is the same as gambling. Well, that only applies to ICO investments without doing research. I think, investing in ICO is based on prior research, and clarity is better than gambling. but of course, it still has risks.
jr. member
Activity: 77
Merit: 1
Yes, i think that kind of. Or, you may think about stock exchange but 50 years ago. One suggestion : Wolf of Wall Street. People invested to things that they did not understand or knowing.

Well. We will watch the greedy massive soon.
sr. member
Activity: 1936
Merit: 290
At least ICO invest and online gambling two different think if you have learned about it then you will be understand, personally i haven't yet participate online gambling but I was participate many ICO invest. Basically luck good for me ICO invest if i take more suffer i will be happy with makes profits.
member
Activity: 644
Merit: 10
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

Investing in ICOS and online struggles, I think very differently. Maybe everyone has different beliefs and online gambling is considered to be some people  "not allowed ". Moreover, all have a risk and I personally better invest in ICO.

The risk of online gambling also we can lose money in a matter of seconds. Perhaps if investing in an ICO, we can do prevention in order not to get a fake project.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
Both cases are even gambling because you don't know the end result. I have seen several good ICO projects that folds up due to the selfishness of the team and with online gambling, immediately you put in the game, the end result depend on your luck. So, both are gambling in nature.
full member
Activity: 812
Merit: 120
https://combonetwork.io/
You have the heart to compare ICO with gambling.
although ICO is now dying but I would prefer ICO over gambling.
gambling is just a game while ICO can create a better future.
full member
Activity: 527
Merit: 113
Gambling is another risky investment but the thing is you can control the money youre investing. But in an ICO its a worse gamble sincr you get paid and thr investment have longer time to mature since the management will handle its growth. Meaning if they arent working for the better of the project then youre time and money also wasted by nothing. That's why you need to pick a good ICO or rather prefer an IEO which can give you a guaranteed profiy on some huge exchanges.
hero member
Activity: 966
Merit: 502
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.

Well, control of funds is one area of advantage in gambling. You can have a change of mind and then withdraw your money and head home unlike ICO managers that might block you off from Telegram chat. But also I think that ICO has some advantages too which is tantamount to the effort put into research by the investor  to find a reputable team, better Tokenomics, quality products and extraordinary package which will make the ICO worthwhile in yeilding returns on investment
sr. member
Activity: 1722
Merit: 252
in my opinion no, ICO is far better than online gambling. because online gambling makes me continue to want to play and I often lose this. my money ran out because of online gambling compared to ICO.

Agree, I think ICO is better than gambling though, many people think that gambling can benefit up to hundreds of percent a day but of course it is also very risky because it can be lost in a day, as long as we can choose a good ICO then we can get big profits.
member
Activity: 728
Merit: 10
in my opinion no, ICO is far better than online gambling. because online gambling makes me continue to want to play and I often lose this. my money ran out because of online gambling compared to ICO.
legendary
Activity: 1890
Merit: 1003
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
IMHO investing in ICO,IEO is just like a gambling session thats why i think it was the same, the risk are still there so nothing is much worser in both ICO investing or Online Gambling cryptocurrency volatility is high and it should be seriously considered before making any action such as investing just spent a little time to familiarize the field you want to ventured wethere its ICO investing or Online Gambling.

Basically, all investments in the cryptocurrency market are speculations, including in ICO or tokens that are already in the market. There is no guarantee that every investment in the crypto market will be profitable.
That is the reason the arguments mentioned by the OP is not based on the true opinion, it is all speculation which is the root of all evil. No one is able to guarantee the profit in the speculative financial markets, but investors don't give up while they look for the guaranteed long term opportunities in the crypto market. The ICO years were the ba days of the crypto investing but the sitatuions is now better for more investors.
member
Activity: 238
Merit: 12
send & receive money instantly,with no hidden cost
Investing in ICO's and online gambling both pose risk or are risk taken events. Both can end you up without nothing in your portfolio but the difference here is that, whiles you can't get your money back in online gambling once you lose, you can really get something meaningful only if you invest in proper ICO's. Though you have to wait for months with ICO's to make profit, online gambling is instant and personally, it is worse involving in online gambling than investing in ICO's.
member
Activity: 406
Merit: 11
This is approximately the same thing at this stage in the development of the cryptocurrency market, but in the future, as the market develops, everything will become different, because no one can compare the stock exchange with a gambling, in a game of chance and especially on the Internet it is very difficult to win because it plays against you a computer that is configured so that in any case, by expected expectation you will be in the red, but of course this is not counting poker)
member
Activity: 644
Merit: 10
COVIR.IO
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
IMHO investing in ICO,IEO is just like a gambling session thats why i think it was the same, the risk are still there so nothing is much worser in both ICO investing or Online Gambling cryptocurrency volatility is high and it should be seriously considered before making any action such as investing just spent a little time to familiarize the field you want to ventured wethere its ICO investing or Online Gambling.

Basically, all investments in the cryptocurrency market are speculations, including in ICO or tokens that are already in the market. There is no guarantee that every investment in the crypto market will be profitable.
full member
Activity: 1820
Merit: 107
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
IMHO investing in ICO,IEO is just like a gambling session thats why i think it was the same, the risk are still there so nothing is much worser in both ICO investing or Online Gambling cryptocurrency volatility is high and it should be seriously considered before making any action such as investing just spent a little time to familiarize the field you want to ventured wethere its ICO investing or Online Gambling.
member
Activity: 672
Merit: 10
send and receive money instantly, with no hidden c
I am prefer to investing in ICO rather than online gambling. Both of is have a big risk but i think investing in ICO is more profitable, though its difficult to find good ICO. Now is the time for IEO with the system better than ICO.
full member
Activity: 2324
Merit: 175
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

I think it is now because 90% of investors are losing or even more, there's no project worth investing that will yield good profit in the long run if you look at the stat, new coins coming from ICO is always down 50 to 90% of it's ICO price, and you have waited months to see the results of your investment, compared to gambling you can see it right away.
full member
Activity: 1260
Merit: 100
Of course not. Investing in ICO or IEO is required some calculation for your profit.
Gambling not requiring calculation, only prediction and some speculations.
We are responsible for our own money, so we must careful when we using it.
copper member
Activity: 966
Merit: 5
Taking into account the nature of ICOs I can say both look likely the same; in ICO you don't know what will become of the project as there will be a good public sale success and the team will come up with baseless reasons not to list, exit scam or use the working on our product reason to delay listing. To make it worst, they might even list in an exchange not worth it, which in all cases leaves investors with little or no gain. This is sadly the nature of majority of ICOs with few being the good ones now makes it look like gambling. On the other hand, in online gambling there is no sure way to success other than trying your luck. Thus my reason for saying both look alike.
legendary
Activity: 2226
Merit: 1086
duelbits.com
Both are the same, there is no guarantee to win or earn money. It should depend on how you do it, I mean about your strategy and experience.
If you are an experienced crypto investor, you must know how to gain profits from ICOs. And for now, I think experienced crypto investors will prefer to choose IEOs. Regarding online gambling, only experienced gamblers know well how to win. Don't think all people can win easily as you said.
legendary
Activity: 2660
Merit: 1261
You can still control your asset on ICO to avoid a loose capital but in gamble the risk how much money you used to gamble. If you lose doing a gamble your money will be gone, its really different with ICO/IEO went we will still have the asset but only losing the value. Also, gambling using your own psychology & mentality you can get a gambling problem if you lose because you want to recover the lose by doing another gambling.
full member
Activity: 560
Merit: 102
Not. however ICO investing I feel is better, with a note of in-depth analysis. If you don't do the analysis, it's the same as gambling that only relies on luck, right? This also depends on the principle of each, although gambling may be more promising, there are certain limitations on the principle of each person who makes it a limit for not gambling.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
This can be seen in different ways, if you approach an investor who has been scammed severally by fraudulent ICOs or ICOs which didn't return any value, he will say it is worst than Online gambling. On the other hand, if you meet a gambler who has lost huge he will say it's gambling. In my own opinion, ICO investing comes with huge risks with little chance of success while being exposed to different treatments from the team while online gambling, although filled with its risk but you will actually have a say over your funds thus every loss or win is based on you.
member
Activity: 689
Merit: 14
World's First Crowd Owned Cryptocurrency Exchange
Not quite the right comparison. Gambling is pure luck. There are no strategies, everything is built on whether you are lucky or not. ICO is different. Of course this is also a lottery, in a sense, but here you can apply your knowledge and among the many projects to choose the most promising.
member
Activity: 238
Merit: 11
Considering the two, as in investing in an ICO and gambling, both demands use of money to invest and both can drain you off your lifetime investment but one thing which stands tall among it all is when you invest in proper ICOs. Investing in proper ICOs is a sure must to gain even if it takes 7months but with gambling, you can lose everything in a matter of seconds. Proper ICO investing is never worse than online gambling.
full member
Activity: 925
Merit: 100
I will not equate both but however, looks like online gambling is fair as compared to ICO investing. In ICO investing, you are certainly at the mercy of the developers, some will scam, some will make excuses not to list, some will even list and the price will dump miserably; only few have proved to worth it and when found pays well. While in online gambling, you are in control thus if you are good gambler, you might win and vice versa.
jr. member
Activity: 552
Merit: 1
Online gamblings that have been integrated on the blockchain are gradually becoming popular. Coming across gambling programs that are licensed have given investors more confidence. Some seem to be have been registered in the country where is operating from, which makes it legit. ICOs most times do not have such backup.
member
Activity: 585
Merit: 33
Rasputin Party Mansion
It is true, but it is part of the game: a general rule of any gambling game is that the higher the chance of gain, the higher the risk.
With ICOs, the risk is very high, however - if the right one is found - even the profit is.
Take it or leave it.
member
Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
If you asked this same question 1 year earlier I would say investing in icos are the most foolish mistake anyone can do. But now a days icos or ieos market is doing great not all ieos give profit. But atleast at this moment we see some positive thinking about icos. So if you invest in ieos at this time then its fine.  If You just have to put your money in ieos then its fine now.
jr. member
Activity: 420
Merit: 3
If one is gambling or want to gamble, it should be a pure one and you should know you are gambling on the right path and in a legit gambling site. However, ICO has looked more like gambling, because most of them are scam. You just put in your money with the mindset that, if it works fine and if it does not fine.
I do not gamble, but I will prefer gambling over ICO. Well, it is good it has now been replaced with IEO.
sr. member
Activity: 645
Merit: 266
I think it depend on the situation, sometime invest on ICO more profitable than you working hard in a year, sometime its better to playing a dice to get at least 10% profit from our funds. If you can identify good ICO, that can give you big income for you and you'll never go to an online gambling site.
Just learn more to know  about ICO, trading crypto and anything else related cryptocurrency.
hero member
Activity: 1302
Merit: 503
Yeah, ICO investing now is much worse than gambling. On gambling, there is a chance to win, but when you invest in ICOs, you wait..wait..wait, hope and wait...and get your money 1/10 and get angry. Waste of time and patience, hopes are gone.. I would not participate in any IEO other than Binance or kucoin.
- ICO have become an outdated path at this point when the general trend is no longer accepting this method when it is too risky and dangerous, besides, the development of IEO has become a threat that is too great for ICO, that has gradually pushed ICO into a bad investment and lack of investors. Compared to gambling, ICO may have been worse when at least gambling gave us the opportunity to win and lose immediately, ICO only provide a feeling of waiting, sometimes tired and just losing, very inhibiting if we are an investor
full member
Activity: 625
Merit: 100
Do not compare investing with gambling. Yes, of course, the market is complex. But they always earn on it those people who know where they are investing and what they are doing. The profit of investors is much higher than your casino. Moreover, you don’t know that the casino always plays +. I think investing in cryptocurrency still remains relevant thanks to IEO.
member
Activity: 700
Merit: 11
Yeah, ICO investing now is much worse than gambling. On gambling, there is a chance to win, but when you invest in ICOs, you wait..wait..wait, hope and wait...and get your money 1/10 and get angry. Waste of time and patience, hopes are gone.. I would not participate in any IEO other than Binance or kucoin.

You have made a good point. If I wanted to gamble, at least I would do so with the mindset that its a 50/50 chance of me losing my money. But for ICOs, I have it in mind that I am making a calculated risk to invest but it is rather unfortunate that the chances of losing the money with ICOs is 70/30. Then when you factor in all the time wasted, waiting for the coin to list on exchange or to rise in price, you realize it just might not be worth it and gambling might be a better alternative
full member
Activity: 1120
Merit: 200
Turkish Translator
Yeah, ICO investing now is much worse than gambling. On gambling, there is a chance to win, but when you invest in ICOs, you wait..wait..wait, hope and wait...and get your money 1/10 and get angry. Waste of time and patience, hopes are gone.. I would not participate in any IEO other than Binance or kucoin.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
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

Blindly investing in an ICO is surely bad than online gambling. Online gambling is luck and most of them are provably fair. If you have a good amount, you could martingale it for quite a time and have fun winning or losing. ICO on the other hand would be a mundane way to lose your money if you haven't researched well. But a good studied investment would be safer and more rewarding than any form of online gambling.
hero member
Activity: 2926
Merit: 567
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.

It stopped being gambling if, you extend yourself in searching if the project is real, you extend by meeting the developers personally, visiting their office checking if they are compliant and be part of their beta test, and most importantly in promoting their projects, it's like guaranteeing your success and their success.
hero member
Activity: 1624
Merit: 500

Depends on which ICO we are talking about now. Some ICO (or IEO) promising great future. But it is so hard to find it good one.
yes, an ICO that has good prospects, and has an interesting concept is better than playing gambling. it's just that we have to really see the potential of the ICO that we will support. if not, it's even worse than gambling, because when a project doesn't show progress, chances are that the money you have will be lost without hope.
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
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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
hero member
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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
Could be worst than gambling, Lol. I mean in gambling, we will already know if you won or loss. But in ICO game, it's very different, as you have describe it takes months and months of waiting before you can finally know your fate. At least in online gambling, you will have a good night sleep knowing that you already lost your money that you can afford.

As compare to ICO, wherein you are giving false hope by the people behind the project and you get too excited about it. But when the time comes, damn, you get disappointed because the supposedly profit are nothing, not even close to their ICO price prior to listing.
legendary
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In the format you described, this is pure gambling, and nothing else. But we all know that such a method is no longer popular due to the reasons you described above.
But the IEO that has come to replace the ICO method is quite fine, because there is almost no waiting.
What is the point of investing in the old is not a reliable method of investing when there is an advanced one.
ICO has a very big difference with IEO. rather than that, of course, people will choose IEO. it's just that, when compared to gambling, it's a pretty tough choice. well, ICO also does not guarantee to provide a large profit at this time, as well as gambling. it's just that, based on the current situation, maybe most people will use their own funds to make a profit, and in other words, more people choose online gambling until an ICO project that really promises appears.
hero member
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I prefer to invest in gambling than to invest in the ICO today because it is very difficult for every ICO to keep survive in the bloody market like today. While we have a chance to lose money in gambling and in the ICO, I think if we can use the money for the investment in the gambling, we have a chance to get some nice money in some period. But OP, you cannot compare investing in gambling with the ICO because it's not the same and we have different passion for investing in both gambling and ICO.
full member
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OP, you answered your own question.
Not because I am wearing a Gambling signature but truth be told, ICO this days is not but day light scamming.
After 4-5 months of ICO completions there are high chances of most developers dumping the coin and investors losing.
Though, both gambling and ICO are both risky but at least you get to control some aspect of gambling unlike ICO where you have to plead with the developers to do something positive to promote the tokens.
However, if you are lucky to find a good ICO with an ideal project, the reward can be good at the long run.
hero member
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Both are having the same risk but ico is much better to consider if this time there is a validator for such ico just like exchange site who act to identify the ico and then listed the trusted ico on its exchange site but gambling has the more risk compared with it with the possibility to lost money with a few seconds.
But ICO or IEO can be considered as a way of gambling too consider we are betting on the future of the price from the token.
sr. member
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In the format you described, this is pure gambling, and nothing else. But we all know that such a method is no longer popular due to the reasons you described above.
But the IEO that has come to replace the ICO method is quite fine, because there is almost no waiting.
What is the point of investing in the old is not a reliable method of investing when there is an advanced one.
sr. member
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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.
Its also a gamble but on a lower risk if you are putting the money on a good ICO. Gamblin is also a not guaranteed profit so the risk are still there. If you are looking for a ICO you should be care because most of them are just a scam so its good to have time reading and making your research about that project before you invest.
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Investing in ICO can't be worse than online gambling because investing in ICO is online gambling.
sr. member
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‌If we see in personality both of them have unhealthy risks, playing in gambling may not necessarily lead us to a definite relationship, after you lose patience all money will run out, playing ico also has a risk when a project does not go as planned in platform, it's better before you think first, don't make you regret it
jr. member
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Some gambling sites may be more honest than some ICO but its hard to say about it in general
copper member
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POINTPAY
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.
hero member
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If ICO conditions are the same as in 2017, I would not hesitate to say that ICO is indeed more promising than gambling. however, for now, although ICO is still worth compared to online gambling, it's just that the project chosen must be really good.

as we know, it is very difficult to find an ICO that is a good project for now, but if you find it, I think it will be better than gambling. Well, in this case, I certainly chose ICO over playing online gambling.
full member
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I do not think so. ICO is better but only for selected projects. from the start ICO cannot be equated with gambling, because ICO is a real investment.
full member
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Volare.network
rather than gambling, ICO is more like HYIP, an investment that has a high risk. ico is only profitable for a few investors. if gambling, we can control our funds fully. ico is different, because it all depends on speculation in the market. when people thought the project was profitable. investor will profit because the price of the token rises.
hero member
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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

To invest in something is also gambling in different shape.

I prefer to choose ICO than online gambling. However, I choose projects carefully and choose IEO than ICO. I'm not advising to choose an IEO to invest your money. Just my opinion

full member
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Depends on your goals.
Of course, more fun in online casinos. But, online games have a negative mathematical expectation. This is programmed in every game. That is, in the end, you can not win at online casinos. And it’s easy, because nothing depends on you.
By investing in crypto startups, you have a chance to raise E$F. But it is long, uninteresting and risky. And it's hard because the EV of each of your actions is up to you.
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here we go
That's right, it's for projects that only follow hype and have unclear products, which end up failing or scam. With the main team consisting of several social media acquaintances or indeed fake profiles. New investors will easily get caught up in that promotion.
legendary
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Gambling system is already set up to rake in money playing in it. if compared with ICO I better follow ICO even though it's quite long. But we also have to choose an ICO that has a good rating with a clear team and project. At present ICO's reputation is already bad and replaced with a better IEO.
hero member
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If you keep losing continuously when gambling you can just quit and leave with what you have left,but its another different case when it comes to ICO investment, once you deposit it's now out of your reach and your results now lie on the project's outcome
You have no strategy in ICO, your fund's profit lies in the hands of investors, even if you have done research, I have seen so many ICO developers  stopped updating their project and there are a lot of projects who are very slow to create their platform, telling investors that they want the market condition to improve which could take a year.

You can lose on both, but on gambling, if you are good at predicting or have a good method you can get your profit and withdraw instantly, compare to ICO where you have to wait for years.

ICO is now very different compared in 2017 where the crowdfunding, can finish in two or three months, and the platform are created by the best developers industry, guarantying profit, and support in the market.
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If you keep losing continuously when gambling you can just quit and leave with what you have left,but its another different case when it comes to ICO investment,once you deposit its now out of your reach and your results now lies on the project's outcome
full member
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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

I believe it depends on the individual. some people have passion for gamings with various reasons and they mostly consider investing in playing games or even in the games industry rather than ICOs while many others consider ICOs more important than gaming and therefore spend their resources as investors towards that business that gives them joy and ignites their passion. But if I am to choose amogst both of them, I will choose the ICO.
legendary
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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.
full member
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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
yeah, gambling is better than ICO nowadays most crypto ICO get rekt in the first listing i don't know why is the problem here but it has happened in most ICOs.
in my opinion gamble is better because it has a higher chance of profit compared to ICOs.
full member
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They are both dangerous and none advisable,investing in ICO is all about luck now,even if the ICO project became successful it can still die at anything and as for online gambling you can lose your money too,its more like trading platforms of nowadays that are almost all been manipulated with fake trading
hero member
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They are different and they are not comparable actually.
ICO is in line with investing, while gambling is more like in line with entertainment since the profit side is on the gambling operators.

If you like to compare, it should be ICO versus IEO, or other forms of investment within the crypto world.
hero member
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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.
jr. member
Activity: 417
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In a way, both are similar. In gambling, you are not sure your investment is secured or not and the same occurs in investing in ICOs. But investing in good ICOs is far better than gambling. Good ICOs will yield good results.
member
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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
Don't try to make online gambling a better option over ICO,yes i know investing in ICO is not worth it anymore but its same with online gambling,i've tried few out and they are almost all the same,cheats and manipulations in present,their systems are rigged to cheat and make users lose
hero member
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Leading Crypto Sports Betting & Casino Platform
 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
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