Poll: Gambling or Investing? | Bitcointalksearch.org

Omikifuse

legendary

Activity: 1862

Merit: 1009

Quote from: ibitcoinblog on January 15, 2014, 12:58:20 AM

I'm currently writing a new article for my blog, and need some user input, what do you prefer doing with your cryptocurrencies?

http://strawpoll.me/1023369

Please vote so I can take a screenshot of the pie chart once the article is ready to be published.
If you do other things with your crypocurrencies, please do tell in a reply so I can add alternatives to the article!

None, lost a lot of money gambling and investing..

apsvinet

full member

Activity: 224

Merit: 101

Quote from: Sonny on February 09, 2014, 02:40:11 PM

Quote from: apsvinet on February 09, 2014, 08:35:48 AM

Gambling is definitely the most fun, but personally I'd never take that risk, it's common knowledge that you lose on average.

And, you can invest in a gambling site. Tongue

I suppose that's true!

Sonny

hero member

Activity: 868

Merit: 1000

Quote from: apsvinet on February 09, 2014, 08:35:48 AM

Gambling is definitely the most fun, but personally I'd never take that risk, it's common knowledge that you lose on average.

And, you can invest in a gambling site. Tongue

2double0

legendary

Activity: 2618

Merit: 1105

Quote from: guybrushthreepwood on January 15, 2014, 08:03:13 AM

Quote from: Evilish on January 15, 2014, 05:54:40 AM

Gambling is for the weak, it's for those who like to make quick profit. I'd only invest.

Surely investing is a gamble? Sure, you can make educated predictions and guesses, but you can do that with sports and other bets too.

Yes it is a gamble, but a low risk gamble. Low risk, low return unlike manual gambling which can provide high returns but high amounts of risk. They can both lead to rags OR riches!

apsvinet

full member

Activity: 224

Merit: 101

Gambling is definitely the most fun, but personally I'd never take that risk, it's common knowledge that you lose on average.

inspiredinvestor

hero member

Activity: 658

Merit: 500

Quote from: guybrushthreepwood on January 15, 2014, 08:34:41 AM

Quote from: inspiredinvestor on January 15, 2014, 08:28:48 AM

Quote from: TheEmperor on January 15, 2014, 07:51:16 AM

Isn't investing just an educated gamble anyway?

you bet! it's my gambling of choice!

Then make sure to only invest / gamble what you can afford to lose Grin

.

yep! I think that goes for all bitcoin things!

broinc4

newbie

Activity: 42

Merit: 0

Mostly its a Gamble.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: TheEmperor on January 15, 2014, 07:51:16 AM

Isn't investing just an educated gamble anyway?

Investing is just a cover for gambling addicts.
But it does sound a lot better indeed.

Something like saying you're a vegetarian while wearing a fur coat.

BTC-TK

member

Activity: 154

Merit: 14

Investing into gambling website bankrolls Grin

jiffyam

newbie

Activity: 3

Merit: 0

All investing is gambling, anyone that claims otherwise is a fool.
Some investments just have much higher risk than others.

pwpwpw

hero member

Activity: 908

Merit: 503

I'm a poker player for 4years, its my regular income, but in the 1-2months I'm into crypto, it seems alot bigger gambling, its fun to watch the panic sells tho. go big or go home, thats the only strategy I'll be playing Cheesy

ibitcoinblog

newbie

Activity: 18

Merit: 0

Thank you all for the info.

As for long term investing, what if it peaks and you miss your chance to sell?
Do you continue holding in hopes it gets to a high point again?
When exactly do you know when to sell?

TheEmperor

full member

Activity: 140

Merit: 100

Quote from: guybrushthreepwood on January 15, 2014, 08:34:41 AM

Quote from: inspiredinvestor on January 15, 2014, 08:28:48 AM

Quote from: TheEmperor on January 15, 2014, 07:51:16 AM

Isn't investing just an educated gamble anyway?

you bet! it's my gambling of choice!

Then make sure to only invest / gamble what you can afford to lose Grin

.

Over a long enough timeline, the profitability rate of everything drops to zero. Cheesy

Saying that, I invest and gamble. For me I love the risk of gambling and the short monetary gains are handy.

Investing is all about the long game. Little something for retirement, I hope!

guybrushthreepwood

legendary

Activity: 1232

Merit: 1195

Quote from: inspiredinvestor on January 15, 2014, 08:28:48 AM

Quote from: TheEmperor on January 15, 2014, 07:51:16 AM

Isn't investing just an educated gamble anyway?

you bet! it's my gambling of choice!

Then make sure to only invest / gamble what you can afford to lose Grin

.

inspiredinvestor

hero member

Activity: 658

Merit: 500

Quote from: TheEmperor on January 15, 2014, 07:51:16 AM

Isn't investing just an educated gamble anyway?

you bet! it's my gambling of choice!

guybrushthreepwood

legendary

Activity: 1232

Merit: 1195

Quote from: Evilish on January 15, 2014, 05:54:40 AM

Gambling is for the weak, it's for those who like to make quick profit. I'd only invest.

Surely investing is a gamble? Sure, you can make educated predictions and guesses, but you can do that with sports and other bets too.

TheEmperor

full member

Activity: 140

Merit: 100

Isn't investing just an educated gamble anyway?

inspiredinvestor

hero member

Activity: 658

Merit: 500

I:
1. invest in all sorts of bitcoin companies
2. invest in gambling sites (they offer brilliant returns, you just have to watch them, but you have to watch the non gambling securities too)
3. Hold i have seen enough sites fold to occasionally put on a tin foil hat and hoard some bitcoin in offline paper wallets.
4. I never gamble, too worried i'll become addicted and loss my investments.

Cheesy

[fakker]

newbie

Activity: 7

Merit: 0

Gamble

poewerden

full member

Activity: 125

Merit: 100

I buy stuff with Bitcoin, and save some Bitcoins.

Topic: Poll: Gambling or Investing? (Read 1357 times)