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Topic: Poll: Gambling or Investing? (Read 1347 times)

legendary
Activity: 1834
Merit: 1009
February 09, 2014, 07:27:11 PM
#29
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..
full member
Activity: 224
Merit: 101
February 09, 2014, 07:11:21 PM
#28
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!
hero member
Activity: 868
Merit: 1000
February 09, 2014, 02:40:11 PM
#27
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
legendary
Activity: 2618
Merit: 1105
February 09, 2014, 08:42:25 AM
#26
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!
full member
Activity: 224
Merit: 101
February 09, 2014, 08:35:48 AM
#25
Gambling is definitely the most fun, but personally I'd never take that risk, it's common knowledge that you lose on average.
hero member
Activity: 658
Merit: 500
January 16, 2014, 12:13:17 AM
#24
Isn't investing just an educated gamble anyway?
you bet! it's my gambling of choice! Smiley

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

yep! I think that goes for all bitcoin things!
newbie
Activity: 42
Merit: 0
January 15, 2014, 11:25:07 PM
#23
Mostly its a Gamble.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
January 15, 2014, 08:08:09 PM
#22
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.
member
Activity: 154
Merit: 14
January 15, 2014, 08:06:10 PM
#21
Investing into gambling website bankrolls  Grin
newbie
Activity: 3
Merit: 0
January 15, 2014, 08:03:54 PM
#20
All investing is gambling, anyone that claims otherwise is a fool.
Some investments just have much higher risk than others.
hero member
Activity: 908
Merit: 503
January 15, 2014, 07:34:42 PM
#19
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
newbie
Activity: 18
Merit: 0
January 15, 2014, 05:32:13 PM
#18
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?
full member
Activity: 140
Merit: 100
January 15, 2014, 11:17:54 AM
#17
Isn't investing just an educated gamble anyway?

you bet! it's my gambling of choice! Smiley

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!
legendary
Activity: 1232
Merit: 1195
January 15, 2014, 08:34:41 AM
#16
Isn't investing just an educated gamble anyway?

you bet! it's my gambling of choice! Smiley

Then make sure to only invest / gamble what you can afford to lose  Grin.
hero member
Activity: 658
Merit: 500
January 15, 2014, 08:28:48 AM
#15
Isn't investing just an educated gamble anyway?

you bet! it's my gambling of choice! Smiley
legendary
Activity: 1232
Merit: 1195
January 15, 2014, 08:03:13 AM
#14
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.
full member
Activity: 140
Merit: 100
January 15, 2014, 07:51:16 AM
#13
Isn't investing just an educated gamble anyway?
hero member
Activity: 658
Merit: 500
January 15, 2014, 07:47:56 AM
#12
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
newbie
Activity: 7
Merit: 0
January 15, 2014, 07:33:59 AM
#11
Gamble
full member
Activity: 125
Merit: 100
January 15, 2014, 07:18:48 AM
#10
I buy stuff with Bitcoin, and save some Bitcoins.
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