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Topic: Time to Decide: Are You an Investor or a Gambler? (Read 530 times)

legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
Assessing the situation before getting in is a wise decision that suits the quality of a good investor for he thinks of the possibilities that may come if he will be taking potential profits upon doing it or not. A gambler will be taking up too much risk putting his money in line with no assurance if there will be a good chance or probability that he will gain from such idea.

The current market declination seems to be a good opportunity for an investor to buy a low price but still upon doing assessment will be the time when he will just decide to take risk in such way that he will take profit. Being a gambler at times like this will take a big possibility of just wasting money if you will not take precautions.
full member
Activity: 1442
Merit: 153
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That's right, right now, when the price of bitcoin is in such a big decline. If it were me, I'd buy it!

Buying BTC during dips is probably the perfect time for you if you were planning to invest in crypto but you should consider first what type of investor you are. It's better to be an "Investor" who has risk management when putting money into financial plans with the hope of profit whether it's small or big. Someone who does his/her own research and invest money which he/she can afford to lose any time. So don't be a gambler who invests all of his/her savings just because someone told him/her to do so.
hero member
Activity: 2604
Merit: 816
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If you just buy bitcoin without trying to analyze the price movement, maybe you are a gambler because you just guess that the price will increase in the next hours or days. But if you analyze and see the chance for bitcoin price increase in the next hours or day, and that really happens, then you are not a gambler. But if that does not happen, then you make a mistake in the analysis and you need to learn more about analyzing the bitcoin price moves.

But if you just buy bitcoin at every lower price and hold it for a long time and do not care about the price fluctuation, you are an investor who wants to buy bitcoin and use it for the investment thing.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
The price of bitcoin has fallen again, the opportunity to buy bitcoin, don't panic quickly, with the price falling, there is a possibility that the price of bitcoin will go up again so I say this is an opportunity to buy bitcoin.
Yeah, I think that you have implied it in your post two times that we should buy bitcoin since the low price is an opportunity that doesn't come that much. I think gambling and investing has some similarities with both having an inherent risk in them but investment doesn't make you lose that much if the investment is already established and crashing is nearly impossible. I am both a gambler and investor in a sense because I risk my money hoping that it will go up.
member
Activity: 1022
Merit: 10
I'm an investor rather than a gambler. Because I don't invest all of my money into cryptocurrencies. If I did that, it would be gambling of course. But I make my moves smartly and take the profit when I reach my targets.
full member
Activity: 1554
Merit: 129
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The price of bitcoin has fallen again, the opportunity to buy bitcoin, don't panic quickly, with the price falling, there is a possibility that the price of bitcoin will go up again so I say this is an opportunity to buy bitcoin.
jr. member
Activity: 49
Merit: 1
A lot of people here just because they want to earn easy money. Its not even gambling
member
Activity: 476
Merit: 10
Before decide to buy or not, we have too see closely the history of crypto market to predict this market still on bullish or bullish ended. In my opinion, from the history of previous bull market, too early if we say the bull market is ended. After 3 years waiting for this moment, will be too short time to enjoy it. Bull market will extend can be for ayear more, so buy this cheap coin now and patient wait for bounce back.
sr. member
Activity: 2436
Merit: 455
I don't think "gambler" is the right term to use if you'll buy the dip right now. Being an investor means you're putting your money on something else, like cryptocurrency for example that'll give you profits in the long run. But yeah, buying right now is a good thing because for sure Bitcoin price will pump again and those who bought in the dip will celebrate their decisions.

Buying Bitcoin is always a good option as a cryptocurrency starter, because you can just hold it while you're studying about it and make profits at the same time.
hero member
Activity: 1946
Merit: 502
That's right, right now, when the price of bitcoin is in such a big decline. If it were me, I'd buy it!

Exactly, buy the dip always work because once the market is back up then the chance of buying low is already gone, history has already shown that those who bought the dip always end up smiling, take the 2018 bear market as an example, those who bought btc at 4k and hold till 20k and above already got rewarded for being brave. Long term investment should be the goal.
hero member
Activity: 2996
Merit: 802
That's right, right now, when the price of bitcoin is in such a big decline. If it were me, I'd buy it!
I'm investor, but actually maybe a gambler.  Grin Because bought bitcoin not with analysis but with something like this, event or news or any condition and don't know what will happen or maybe just guess without any analysis. I think it can be considered gambling to me.

This is not gambling because you have basis before you buy Bitcoin. Gambling is buying random coin without giving a shit on both fundamental and Technical analysis. Events and News are both a fundamental analysis which you are not aware though. All good if you are buying Bitcoin for now. Only future trading is the gambling when you are buying Bitcoin.

i'd like to see it as gambling since i gamble my investment while not exactly knowing where the market goes in the next few months which i plan to cash out. if things turn out to be different i'd get out before losing it all. what goes on in crypto market today is very uncertain but i'd gamble in holding it a bit longer.


This is a very debatable topic and I respect your opinion. But imagine this, You are establishing a business and you are investing money on it without any guarantee that your business will have profit or not, Is that a gamble or not? The answer on this topic is a case to case basis though.  Cheesy
legendary
Activity: 2576
Merit: 1043
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That's right, right now, when the price of bitcoin is in such a big decline. If it were me, I'd buy it!
Big decline = opportunity for us to buy more Smiley.
I can consider myself as an investor over a gambler. Investing in some assets without any future plans or strategies is considered a gambler for me.

Right now, Bitcoin declined a bit again at below $40,000. Still a good opportunity to buy. I'm pretty sure that we are considered an investors here but if you are just throwing money away and hoping that it will go up then you can consider yourself as a gambler. As for me, I'm an investor since I'm currently holding all of my crypto coins but at the same time buying when there is an opportunity like this. There is no better opportunity than this and if it will go down, as long as you have spare money then just continue on accumulating more.
legendary
Activity: 3248
Merit: 1055
That's right, right now, when the price of bitcoin is in such a big decline. If it were me, I'd buy it!
I'm investor, but actually maybe a gambler.  Grin Because bought bitcoin not with analysis but with something like this, event or news or any condition and don't know what will happen or maybe just guess without any analysis. I think it can be considered gambling to me.

This is not gambling because you have basis before you buy Bitcoin. Gambling is buying random coin without giving a shit on both fundamental and Technical analysis. Events and News are both a fundamental analysis which you are not aware though. All good if you are buying Bitcoin for now. Only future trading is the gambling when you are buying Bitcoin.

i'd like to see it as gambling since i gamble my investment while not exactly knowing where the market goes in the next few months which i plan to cash out. if things turn out to be different i'd get out before losing it all. what goes on in crypto market today is very uncertain but i'd gamble in holding it a bit longer.
hero member
Activity: 2996
Merit: 802
That's right, right now, when the price of bitcoin is in such a big decline. If it were me, I'd buy it!
I'm investor, but actually maybe a gambler.  Grin Because bought bitcoin not with analysis but with something like this, event or news or any condition and don't know what will happen or maybe just guess without any analysis. I think it can be considered gambling to me.

This is not gambling because you have basis before you buy Bitcoin. Gambling is buying random coin without giving a shit on both fundamental and Technical analysis. Events and News are both a fundamental analysis which you are not aware though. All good if you are buying Bitcoin for now. Only future trading is the gambling when you are buying Bitcoin.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
That's right, right now, when the price of bitcoin is in such a big decline. If it were me, I'd buy it!
I'm investor, but actually maybe a gambler.  Grin Because bought bitcoin not with analysis but with something like this, event or news or any condition and don't know what will happen or maybe just guess without any analysis. I think it can be considered gambling to me.
sr. member
Activity: 1120
Merit: 272
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We are both because we are dealing with risks in the market and we are playing with market and at the same time doing our best to become safe from losses.

Hoping that we can somehow surpass this crash and make bitcoin and other cryptocurrencies profitable again.

But some are just hodling and wait for the best time for crypto to buy and sell again.
member
Activity: 532
Merit: 11
That's right, right now, when the price of bitcoin is in such a big decline. If it were me, I'd buy it!
hello sir, it is true what you say now is the time to buy and save it at a later date, I am sure that by buying now, in the future we will enjoy the benefits that we buy today.
legendary
Activity: 2464
Merit: 1140
duelbits.com
I also buy again.  Cheesy
I don't think we are a gambler, we are an investor. However, I don't think so much about this, the main thing is thinking about the target and plan for our crypto coins after we buy them. Now, I am holding some crypto coins after bought them yesterday, it is time to set the plan to sell them. I don't want to make this like gambling, so make a realistic plan to sell.  Wink
full member
Activity: 546
Merit: 100
gambling or investing are very different things. But they both converge at one point, and that is the desire to earn money. and if they have a greedy desire to make money, they both get into gambling. Investing is a business of intelligence, you have to see the future, but gambling is an instant money making business. who plays well wins. Currently, shitcoins such as MEME coins create a gambling sensation by making instant money. but we are here as investors. We trust cryptocurrencies, we trust their technologies and projects, we invest accordingly. There are all kinds of people in this market.
hero member
Activity: 2156
Merit: 670
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I am not sure about being a gambler or trader or investor here because every criteria my be different.
However,  here,  at first,  never catc the falling knife. 
I personally didn't directly buy more BTC when the price suddenly drop so dip and drastically.  I would better watch and see while analysing the chart and its drops whether in what rate it wil stop touching.  And when it has been quite clear about tuching specific resistant or rate and see the waves,  I will decide whether I will buy or not. 
Never panic buy and panic sell
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