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Topic: GAMBLE OR INVEST? - page 2. (Read 7569 times)

full member
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fastdice.com The Worlds Fastest Bitcoin Dice
January 05, 2016, 06:12:12 PM

Invest, because with gambling you will always lose in the end, so why not try to make some money off of people losing?
Safer in my opinion, but still risky.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
January 05, 2016, 05:54:20 PM
Both can be profitable but I think obviously investing seems like the better choice. Though, I have invested in a dice site and lost it all before. I personally am more confident that I can gamble and control what I lose or make enough that I would rather rely on that then to just invest and hope for returns. Make sure the site your investing in is a trusted one, if you are to invest.

I agree that you could have better control of your funds when you are gambling rather than just invest as you know each step you take, but in both cases
it's not at all safe return. imho it would be the best to assemble a team of investors and start your own site, if you have enough combined coins and expertise.
Can you share with us in what site did you invest into, and how much?
full member
Activity: 224
Merit: 100
January 05, 2016, 05:36:07 PM
i recommend gambling. you can big win sort time in gambling.
well yeah you are right but you also can loose a lot of money in a very short period of time and you will get hooked and keep on loosing your money, its better not to do it, but its better not to invest too and hold your money to yourself
hero member
Activity: 1050
Merit: 502
January 05, 2016, 05:33:48 PM
Both can be profitable but I think obviously investing seems like the better choice. Though, I have invested in a dice site and lost it all before. I personally am more confident that I can gamble and control what I lose or make enough that I would rather rely on that then to just invest and hope for returns. Make sure the site your investing in is a trusted one, if you are to invest.
newbie
Activity: 31
Merit: 0
January 05, 2016, 05:23:59 PM
i recommend gambling. you can big win sort time in gambling.
sr. member
Activity: 252
Merit: 250
January 05, 2016, 05:02:32 PM
investing is only for the ones who are too afraid of risks to make some big money and dont want to gamble but in my opinion its a very interesting thing to do and it even gives you a chance to become rich in small amount of time
hero member
Activity: 672
Merit: 500
January 05, 2016, 03:53:20 PM
Investing in itself is gambling in a way. You're bound to lose in the long run, it's just a "safer way" to gamble.

Well you are right, even though it is funny.
Investments are like gambling, never risk free, which means you always have a chance to lose your money.
With gambling the risk is just a lot higher.
member
Activity: 98
Merit: 10
January 05, 2016, 02:44:38 PM
What is the difference between investing and gambling? You are risking funds/coins/fiat to earn a return. Both does have its ups and downs. Personally, I do look gambling as a form of investing, but I'm only gambling via sportsbook, so I can't comment on casino games etc.
What's the pros of gambling (ie sportsbook)?: It's fast! You can earn your money back in seconds - but you have to take quick decisions, which can affect your performance and in the end your earnings.
The pros of investing in assets, such as gold, stocks, bonds, fiat or even Bitcoins and other e-coins is found in minimizing the risk of losing your investment money. If the value of Bitcoins falls today, it could rise up tomorrow, it's a solid long time investment.
hero member
Activity: 532
Merit: 500
January 05, 2016, 02:39:19 PM
Investing in itself is gambling in a way. You're bound to lose in the long run, it's just a "safer way" to gamble.
sr. member
Activity: 518
Merit: 254
★YoBit.Net★ 350+ Coins Exchange & Dice
January 05, 2016, 02:33:33 PM
Investing is more good and profitable depends on the site but i dont recommend any website just hold your bitcoin and wait for the price increase.
Gambling is for fun noy for making  money or living and if you play much you will lose all your money so its better to stay on gambling..
But if you feel lucky you can try it but dont play it everyday you may lose your money..
hero member
Activity: 560
Merit: 501
January 05, 2016, 02:28:20 PM
Invest big ammounts of BTC and gamble small when you feel the luck is on your side.
member
Activity: 78
Merit: 10
January 05, 2016, 02:15:43 PM
If u play games where there is skill (poker, sports betting, dfs) u are pretty much investing in yourself.
full member
Activity: 126
Merit: 100
The trouble is you think you have time.
January 05, 2016, 02:13:45 PM
I think this would depend on how well you know the owners and casino that you're going to invest in. You can't invest into something without doing a little research for yourself.
If you're just looking for entertainment and have a chance to win something, go for gambling. I think investing into something is better to do for a long term rather than playing a quick gamble.
newbie
Activity: 25
Merit: 0
January 05, 2016, 01:50:54 PM
I think it is better to invest. When you invest in the right things you have mathmatically a better chance to get a profit.
hero member
Activity: 756
Merit: 500
I don't bite.
January 05, 2016, 01:40:26 PM
thats a very hard decision to do i must admit, but i think it would be smarter to invest your coins somewhere than gamble it all away, gambling is a bad thing as you always lose, if i had to choose where to invest i would select just-dice
Smarter to invest your coins somewhere as in invest your coins in ponzi. Is that what you mean? Huh
sr. member
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Merit: 250
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January 05, 2016, 01:33:46 PM
thats a very hard decision to do i must admit, but i think it would be smarter to invest your coins somewhere than gamble it all away, gambling is a bad thing as you always lose, if i had to choose where to invest i would select just-dice
legendary
Activity: 2604
Merit: 1036
January 05, 2016, 01:29:52 PM
to all of you guys.. what do you think is better? is it to invest or to gamble in sites? tell me your point of view and why.

Investing is better because they almost in all cases have Positive Expected Value.

Gambling is better if it has higher Positive Expected Value than investing, because of promotions or any other reason. Example : Ryan's pevpot.com

How can you have a positive expected value in gambling? The only thing that comes to my mind is if you are arbitraging bets on sportsbooks or you are the sportsbook.
Investing doesn't always have a positive expected value either.
sr. member
Activity: 406
Merit: 250
January 05, 2016, 01:22:49 PM
i prefer to have fun with my money and investing cant give it unless its really risky and you get a thrill that you might loose your money with the investment, i choose gambling always as gambling is my hobby
hero member
Activity: 2688
Merit: 588
January 05, 2016, 01:00:26 PM
to all of you guys.. what do you think is better? is it to invest or to gamble in sites? tell me your point of view and why.

Investing is better because they almost in all cases have Positive Expected Value.

Gambling is better if it has higher Positive Expected Value than investing, because of promotions or any other reason. Example : Ryan's pevpot.com

Getting profit by gambling is always based on luck. No guarantees at all.
Even if you gain at one moment you can loose every thing in the next moment. It's always too risky with gambling.
Investments are also risky but select programs can fetch us.
legendary
Activity: 1512
Merit: 1000
January 05, 2016, 12:31:17 PM
I do both, gamble and invest.

Been invested in bitcoin since the $7-$14 range. Been gambling since forever. Specifically with Bitcoin, been gambling with it since after Poker Black Friday starting with Seals and a few other now defunct poker sites and also playing Dragon's Tale and BitZino. Currently pretty much all my action is on Betcoin.ag playing poker.

The risk/reward for investing in Bitcoin has been more than worth it for me. And using Bitcoin to gamble/play poker has been very good for me as well, both in terms of utility and profitability.
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