Topic: I am only trying to stay safe by gambling less - page 18. (Read 3074 times)

Gambling and Bitcoin investment are totally different as we all know that from the word Gambling there are two things in outcome because sometimes you will win and sometimes you will loss.  And in gambling not all the time we can make a profit it because all things are based on luck and if we have our luck the
 We will in but if there's no luck then we will loss. While in investment In Bitcoin there's assurances that in the long run we can make a profit not only less profit but a huge profit but it takes too long and not just easy to invest.

Its no brainer on having that differentiation in between gambling and investment on which it would really be that understandable on what are the things that differs them.You cant really be able to stick into something specially on gambling if you are really that going on playing safe with your funds since its for entertainment thing.You cant really be able to make a gambling kind of move when you do make out investment rather.
Taking up risks on investment and taking up risks when you do gamble is both different things despite they are just the same on having risks.Yes, it is the same but on the sense on how you've been doing it,
and on the level you are trying out to bare out then you could be able to find out which one do have more.

If you dont like to lose money then for sure you would be hesitant on spending up your funds on doing gambling, you would rather be thinking you rather be investing which it would be more worth than
on wasting on leisure times.If you cant bare up the risks then gambling isnt your thing. We do have our own choice since its our money then its our business to take on which action you would
really be following.

Those which do not see the difference between investing and gambling only look at the surface in order to make their judgment, but gambling investing could not be more different, when it comes to gambling you either take the odds being given by a casino or you cannot gamble at all, but when it comes to investments you can choose when you want to make your move, this means that with the right knowledge you can minimize your risk to very low levels and you can come very close to make the perfect trade once in a while in which it is almost impossible to lose.

Gambling & investing are two different things, even though both are always synonymous with money, the perception is different and very much different.
Casino: you are required to deposit some money and make a bet, without making a bet you can't do anything, the money you deposited into your casino account doesn't move it stays intact and stands upright.
Casino, its nature is based on luck you bet if you are lucky you win and can bring the money you win, but if you are not lucky the risk is clear, In a casino you don't buy and sell, the only thing you can do is bet.

Investment: you make a deposit, then you buy and then sell what you have bought, if the price has gone up to make a profit, but in investing you don't have to bet the risk of loss is low, except: the type of crypto you are buying is really a scam, it's a risk to the investment.

Conclusion: your investment only controls the price down and up, it happens with crypto investment.
The casino you have to do the betting, there is no need for price controls to go up in the casino, it doesn't exist.
So, investment and casino are not the same, other comparisons are easy, logic and makes sense investing in gold with casinos, are they the same, of course two different things.

There is a big difference between gambling and investing. If a bitcoin investment loses value, it will recover once a time. But that is not possible in gambling. Here gambling should be done with the mindset that the probability of loss is high on every bet. Although there is risk in these two issues, but they are different perspectives. One risk is lost forever and one risk loss for a long time but that have the possibility of regaining. So those who think the same about Bitcoin and gambling risk should refrain from this idea.

Famz, drop your opinion on this, would you categorize these two as gambling? Because the only winning factor from Bitcoin investment is to just buy low and wait for a high price, it's not the same with casinos. Am I not making sense? I will like to hear from you.

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LOL, stupidest thing or decision any gambler would ever make, decide or do is to make gambling a career, when there are lots of businesses one can do and be financially successful and independent..

If one love gambling so much that he or she wishes to turn it into a career, it is better for such person to start a gambling casino, which to me, I think is a really good and lucrative business anyone with good experience and gambling knowledge can venture into, you did be more comfortable running a casino than turning gambling into a career.

Nothing that we spend on hoping to make money from isn't safe. Some are just relatively lower on risk, but the risk is there. This comparison is, IMO, not really useful since these are two different facets. You can gamble less money on gambling platforms, but if you invested more and lost a lot more in there, I don't think you can even consider it a win. We choose where to spend our money, but saying that one is better than the other just because you're winning on it doesn't mean that everyone should do it too.

You can be a full time gambler yet you're not suffering from addiction, the full time gambling only means you're gambling as a job because that's what gives you income to take care of your personal needs as such it has to be done frequently like a normal job.

While been in this situation, you still have control over yourself as you won't go beyond your budget or steal to gamble but an addict can do all that while still not making any profits from the bets they placed, they just want to gamble because of how it makes them feel.

Addiction is a deadly sickness and it can happen in all areas of work, you can get addicted to music, movies etc you can gambling frequently but just make sure you're not excessing your budgie not gambling as a form of revenge as all those only leads you to losses.

yes, I feel it. for some reason, some of the games in the casino and football betting are very interesting to me. it makes me always bet and set aside some of my money to gamble. there is no problem with this, as long as we can control what we will bet.
All gamblers are aware that games from casinos are indeed made for the curiosity of gamblers. that's for us to keep playing.

Nothing that we spend on hoping to make money from isn't safe. Some are just relatively lower on risk, but the risk is there. This comparison is, IMO, not really useful since these are two different facets. You can gamble less money on gambling platforms, but if you invested more and lost a lot more in there, I don't think you can even consider it a win. We choose where to spend our money, but saying that one is better than the other just because you're winning on it doesn't mean that everyone should do it too.

Gambling is very addictive, gambling less can only help you if you are not putting it to heart which I not possible but I must say that once you are into gambling it will be almost impossible for you not gamble more unless you are just a beginner that just want to give it a benefit of doubt but once you win a bet generally you will gradually see yourself graduating into a full gambler.

Yes, a basic idea is that in gambling you either win or you lose forever. There will be nothing left after defeat. But investing is completely different. Whatever profit or loss remains after the investment can be converted back into assets. And this is why there is a big difference between gambling and investing. Although some may lose their money investing in scam projects which cannot be recovered. But it may be due to the wrong decision of the investors. Those who invest in Bitcoin will never lose if they can hold.

The major difference between gambling and investing in Bitcoin is the fact that with gambling when you lose, you lost all your staked amount but Bitcoon the other hand even when the price drop, you still have your bitcoin intact unless you decide to exchange it into fiat.

I am not a gambling addict but some friends are making me look like one because I gamble less and they gamble more, it all started when we got into an argument that investing in Bitcoin is not the same as gambling, my friends who are gamblers, not full-time but more of a gambler than I am, are claiming that there is no difference between investing and gambling, they said if all you doing is investing money on Bitcoin you are no different to those who are gambling in a casino.

Still, I refuse this because I believe they are wrong, Bitcoin market has charts and I am playing with charts even if I am a full-time Bitcoin trader, all I need to do is read charts, and if I am good at it I will win vs gambling, where it's you vs a company which we can never tell if their games are completely fair or not.

Furthermore, I told them that Bitcoin investors tend to get positive results, while online casino gamblers tend to get negative results more than positive result, true or false?

I asked them to show me prove that they make more from gambling than they lose, none of them showed me, but I prove to them that I hardly have losses investing in Bitcoin lol .

Famz, drop your opinion on this, would you categorize these two as gambling? Because the only winning factor from Bitcoin investment is to just buy low and wait for a high price, it's not the same with casinos. Am I not making sense? I will like to hear from you.

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Still, I refuse this because I believe they are wrong, Bitcoin market has charts and I am playing with charts even if I am a full-time Bitcoin trader, all I need to do is read charts, and if I am good at it I will win vs gambling, where it's you vs a company which we can never tell if their games are completely fair or not.
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Actually, life itself is a gamble. All our choices sometimes benefit us and sometimes harm us. If we think like this, life becomes a gamble. However, such a way of thinking would be somewhat shallow. Of course, we cannot deny that it has a literary aspect, but it would be a shallow and unrealistic approach.

Bitcoin has a strong philosophy. It is a peer-to-peer payment system that eliminates third parties. It is a store of value, unlike inflationary fiat currencies, which have an unlimited supply. In short, it's a revolution that could change the world. Gambling is gambling as we know it. Comparing these two seemed ridiculous to me.

You think, they are still talking about bitcoin. Even in Bitcoin is not a very safe currency. The market is not regulated or regulated and no one is able to stop their gambling habits. It is easy and smooth to play gambling.