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Topic: GAMBLE OR INVEST? - page 3. (Read 7732 times)

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
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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.
sr. member
Activity: 616
Merit: 251
January 05, 2016, 12:25:29 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
legendary
Activity: 1146
Merit: 1006
January 05, 2016, 11:54:42 AM
i prefer my money to be gambled i dont like all these hyip investment programs taht turn to scams and make you lose your money, in my opinion its better to gamble it as you can win some money

There are not only hyip sites to invest bitcoin and i think hyip sites should not call as a invest option as they will run away with your money for sure IMO.But there are some sites you can invest(There are some dice site you can invest i recommend just-dice)Honestly as i said earlier its depend on bankroll if you have huge bankroll you should invest and if you have small bankroll you should gamble try your luck and have fun.Don't gamble what you can't afford to lose.

like he said.. hyip are not the only ones where u can invest.. and they are ponzi .. all of them..
widen ur vision and u will get lot of things to invest in
legendary
Activity: 2100
Merit: 1058
January 05, 2016, 11:53:00 AM
invest more safe....gamble very high risk but also high profit...
for me invest better...
person perspective is different, I think gambling is the best way to make much money in a short time (the best at this time)


Whats the guarantee? Even though assuming you made some money in gambling ,how long you will the benefits of keeping it ? Investing is still safe as you always have a track and control of your funds.

Risk is involved in both, whether it is a website (you don't own) or a business or anything. Same goes with gambling. The only difference is that if you invest, you should have some kind of assurity that your money is in safe hands while gambling is just for fun and cannot be considered a way of earning money. here I am not talking about ponzi schemes are most of them are just scam.
sr. member
Activity: 390
Merit: 250
January 05, 2016, 11:31:16 AM
i prefer my money to be gambled i dont like all these hyip investment programs taht turn to scams and make you lose your money, in my opinion its better to gamble it as you can win some money

There are not only hyip sites to invest bitcoin and i think hyip sites should not call as a invest option as they will run away with your money for sure IMO.But there are some sites you can invest(There are some dice site you can invest i recommend just-dice)Honestly as i said earlier its depend on bankroll if you have huge bankroll you should invest and if you have small bankroll you should gamble try your luck and have fun.Don't gamble what you can't afford to lose.
hero member
Activity: 532
Merit: 500
January 05, 2016, 11:29:46 AM
both are the same has high risk. but I prefer to invest and but I chose to safe investments, like cloud mining but not with ponzi system.
legendary
Activity: 1554
Merit: 1054
January 05, 2016, 11:22:59 AM
i would rather invest, on hyips to be specific, than gamble it. luck is one factor because i feel more lucky investing on hyip schemes than gambling it on a casino site. also profits on investing is predictable for me while on gambling it's not because its pure luck.

As far I've read about HYIPs, they too invest their investments in Forex and they only return the cahs if they win else they too turn scam. Have read about so many HYIPs and Ponzis on the forum and when they are compared with Gambling, I feel gamblign is to an extent reliable as atleast you yourself lose the cash which is not the case with Ponzis. Also, it depends on which HYIP site you choose.
legendary
Activity: 1568
Merit: 1000
January 05, 2016, 11:20:53 AM
While the question seems to have an easy answer and it's investing, I would remind many of you that investing in Bitcoin could have the same or worse fate than gambling it all away. There are plenty of scams due to the poor regulation of Bitcoin sites and companies. With that being said, well, I won't ever advise gambling in the same level as investing if you have a legit option, just gamble for fun what you can afford and keep the rest safe. If you happen to find a good investment option let me know  Wink
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