To Gamble or To Invest? - page 115. | Bitcointalksearch.org

hua_hui

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Quote from: Finestream on September 27, 2016, 09:37:14 PM

Quote from: cjmoles on September 27, 2016, 09:23:57 PM

I've done pretty good investing in startups but that takes quite a bit of research. For every startup or crowdfund that does well there are 1000's that tank....I've done pretty well playing poker too but for every winner there are losers. Investing IS gambling and one needs to build a solid skill set before diving in to either of those ventures too deeply. Do what you're best at and don't rely on anecdotal evidence to make those decisions. They both require specific skill sets and they both have a real element of risk.

I am seeing that investing in a gambling site does not require too much skills to be successful, apparently gambling sites are profitable so there is nothing to worry on that, maybe we will just hard to pay attention on the reputation of a certain site so we will not be scam.

Investment in gambling also requires skills like how you manage your investment. It is always good to divert your investment into different gambling site. You also need to have the skill to find out which site is worth to invest as you dont want those site to take your investment and run away.

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Quote from: Schuyler on September 27, 2016, 09:45:31 PM

What I would do is just diversify my funds into different investments that have different risk levels associated with them. By doing this, I would hopefully be able to eliminate the possibility of losing everything all at once, while there's a great chance at earning passive income regularly from these investments. Investments themselves are gambles so I just make it a point to minimize being on the losing end of it.

That's advisable if you have a good amount of funds to invest, you should not only invest in one project otherwise you will be affected much if that will not succeed, there is no assurance that all our investment will succeed and will give us profit but as long as the overall result is profitable then we should be thankful on that.

Schuyler

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What I would do is just diversify my funds into different investments that have different risk levels associated with them. By doing this, I would hopefully be able to eliminate the possibility of losing everything all at once, while there's a great chance at earning passive income regularly from these investments. Investments themselves are gambles so I just make it a point to minimize being on the losing end of it.

Finestream

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Quote from: cjmoles on September 27, 2016, 09:23:57 PM

I've done pretty good investing in startups but that takes quite a bit of research. For every startup or crowdfund that does well there are 1000's that tank....I've done pretty well playing poker too but for every winner there are losers. Investing IS gambling and one needs to build a solid skill set before diving in to either of those ventures too deeply. Do what you're best at and don't rely on anecdotal evidence to make those decisions. They both require specific skill sets and they both have a real element of risk.

I am seeing that investing in a gambling site does not require too much skills to be successful, apparently gambling sites are profitable so there is nothing to worry on that, maybe we will just hard to pay attention on the reputation of a certain site so we will not be scam.

cjmoles

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I've done pretty good investing in startups but that takes quite a bit of research. For every startup or crowdfund that does well there are 1000's that tank....I've done pretty well playing poker too but for every winner there are losers. Investing IS gambling and one needs to build a solid skill set before diving in to either of those ventures too deeply. Do what you're best at and don't rely on anecdotal evidence to make those decisions. They both require specific skill sets and they both have a real element of risk.

hua_hui

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Quote from: purebitco on September 27, 2016, 06:44:38 PM

Quote from: danherbias07 on September 27, 2016, 11:10:43 AM

Better invest. Gambling will take you nowhere. It is just fun for a moment but all that fun will be changed to stress once you feel the lost. Many people have been sucked in gambling and they were bankrupt in just a couple of years.

it is definitely better to invest your money at the moment because in my opinion it can earn you money

For any investment, there is risk involved. So it is not a promise that you will earn money. Are you able to take a lost of 50% of your money? If you are ok, then go ahead and invest. If you cant even bear to lose like 1% of your money, then it is better that you put your money in the bank.

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Quote from: South Park on September 27, 2016, 05:43:52 PM

Quote from: CoinFoxs on September 26, 2016, 06:46:06 AM

Quote from: Natalim on September 26, 2016, 04:27:33 AM

I would gamble because I love the fun in sports gambling, maybe when I will be able to accumulate a great amount I will just invest then.

But you know that how much gambling is risky for you? you can loose your investment. And if there is a competition between gambling and investment, i will choose investment because gambling is too much risky and winning chances are very low so choosing gambling will lead you towards a big loss so i would say if you want to loose your money within hours, join gambling Tongue

If he has any skill on sports betting, making profit out of it is completely possible, so his idea is not totally mistaken as long as he knows what he is doing.

I don't think anyone can earn money in the long run just only based on skills in sports betting. You also need a luck to win always so it is not a good way to grow your money but sometimes you can bet for fun on sure matches to enjoy your success. To grow money investing is always good compared to gambling.

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Quote from: danherbias07 on September 27, 2016, 11:10:43 AM

Better invest. Gambling will take you nowhere. It is just fun for a moment but all that fun will be changed to stress once you feel the lost. Many people have been sucked in gambling and they were bankrupt in just a couple of years.

it is definitely better to invest your money at the moment because in my opinion it can earn you money

South Park

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Quote from: CoinFoxs on September 26, 2016, 06:46:06 AM

Quote from: Natalim on September 26, 2016, 04:27:33 AM

I would gamble because I love the fun in sports gambling, maybe when I will be able to accumulate a great amount I will just invest then.

But you know that how much gambling is risky for you? you can loose your investment. And if there is a competition between gambling and investment, i will choose investment because gambling is too much risky and winning chances are very low so choosing gambling will lead you towards a big loss so i would say if you want to loose your money within hours, join gambling Tongue

If he has any skill on sports betting, making profit out of it is completely possible, so his idea is not totally mistaken as long as he knows what he is doing.

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Quote from: danherbias07 on September 27, 2016, 11:10:43 AM

Better invest. Gambling will take you nowhere. It is just fun for a moment but all that fun will be changed to stress once you feel the lost. Many people have been sucked in gambling and they were bankrupt in just a couple of years.

of course investing your money is a way better thing to do right now because you can actually make money with it

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Quote from: futurebit640 on September 27, 2016, 02:21:48 PM

Quote from: Tantlizbat on September 27, 2016, 11:12:01 AM

I would choose to Invest instead of gambling.
Gambling is mostly cause you loose but investing in good places will give good profit.
the thing is just invest your money in good and legit places.

Yes, but how to find the real and legit places. Because today's popular site tomorrow suddenly go down. So there is no guarantee in any business. But compare to gambling investing is a better choice. Take some time and study about all sites. Finally where you comfortable there, you can invest. Here the profit will come very slowly.

As no investment is coming without risk, we need to take the blind shot even after having enough researches about available investment options. Because, as you have stated an reputed investment opportunity may not be so after we make investments with them.
Investing is taking risks with others reputation whereas gambling is believing ourselves for the risk.

futurebit640

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Quote from: Tantlizbat on September 27, 2016, 11:12:01 AM

I would choose to Invest instead of gambling.
Gambling is mostly cause you loose but investing in good places will give good profit.
the thing is just invest your money in good and legit places.

Yes, but how to find the real and legit places. Because today's popular site tomorrow suddenly go down. So there is no guarantee in any business. But compare to gambling investing is a better choice. Take some time and study about all sites. Finally where you comfortable there, you can invest. Here the profit will come very slowly.

Nivir

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Quote from: Kotone on September 27, 2016, 11:46:16 AM

Quote from: gkv9 on September 25, 2016, 02:44:03 PM

Quote from: ABCbits on September 25, 2016, 09:55:42 AM

You can lose/earn lots of money in gambling and trading in very short time, especially if we're talking about forex trading Roll Eyes

Both of them needs skill, patience and experience if you want to earn profit.

Gambling needs a lot of luck whenever you do it and if you lose, you will lose everything in the end...
But in trading, whether forex or anything else, you have the chance to step back and cut your losses if you stop at a fixed place...
Investing is still the best and there are PAMM accounts in forex and other trading types too where you might earn some handsome returns on your capital...

Gambling doesn't need zo much luck for the every round we bet sometimes it is just the strategy of the game and for mw my strategy for dice is 1.650 odds becausee it has 4 max defeat only and it will not be longer or more i love using it

Let me guess. Your not so much luck needed in dice gambling is still higher than trading or sports betting. If you have very good knowledge on the currency or sports then you don't depend much on luck as compared to dice betting.

Kotone

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Quote from: gkv9 on September 25, 2016, 02:44:03 PM

Quote from: ABCbits on September 25, 2016, 09:55:42 AM

You can lose/earn lots of money in gambling and trading in very short time, especially if we're talking about forex trading Roll Eyes

Both of them needs skill, patience and experience if you want to earn profit.

Gambling needs a lot of luck whenever you do it and if you lose, you will lose everything in the end...
But in trading, whether forex or anything else, you have the chance to step back and cut your losses if you stop at a fixed place...
Investing is still the best and there are PAMM accounts in forex and other trading types too where you might earn some handsome returns on your capital...

Gambling doesn't need zo much luck for the every round we bet sometimes it is just the strategy of the game and for mw my strategy for dice is 1.650 odds becausee it has 4 max defeat only and it will not be longer or more i love using it

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Quote from: Pamadar on September 27, 2016, 10:47:15 AM

Quote from: poplolnman on September 27, 2016, 10:34:13 AM

Quote from: sulendra12 on September 25, 2016, 01:51:52 AM

Quote from: poplolnman on September 25, 2016, 01:44:23 AM

not worse , but i guess it's equal to gambling if you do trading without doing any research. investment and trading also are two different thing. the point are investment aren't pure gamble , so people should prefer to choose to do invest instead gamble , pretty clear choice.

I agree with this , trading without research about coin is same like gambling . But , it's more better than gambling because in trading it has lot of choices you can choose for coin (when you sell it on the right time , I think is gambling because it's depends on luck for sell it on the right time).
For me , I choose trading than gambling because I can control my money on trading.

it's not a right reason i guess to choose trading due you think you could control your money instead in gambling. you could control money in gambling too by manage your bankroll properly. the ideal reason why you must choose trading than gambling are , the probability you could earn profit through trading are more realistic than gambling.

if i get it right chances is much bigger into trading because if you just learn how the movement will work you will able to earn a lot while from gambling you are just leaning to your luck.

sometimes you forced to just guessing the price movement in trading , and some people start considering trading as kind of gambling in this situation. i personally ddidn't think so , gambling have more risk and less chance to win while when you invest have lower risk with bigger chance to get profit that is the ideal reason what i mean.

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Quote from: danherbias07 on September 27, 2016, 11:10:43 AM

Better invest. Gambling will take you nowhere. It is just fun for a moment but all that fun will be changed to stress once you feel the lost. Many people have been sucked in gambling and they were bankrupt in just a couple of years.

Yep, gambling is stressful if you're in it for profits, if you're in for fun it's not at all stressful. i used to be in for profits, it got me nowhere but huge loss. gambling is not a way to make money if you want to make money/profit invest/trade.

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Quote from: danherbias07 on September 27, 2016, 11:10:43 AM

Better invest. Gambling will take you nowhere. It is just fun for a moment but all that fun will be changed to stress once you feel the lost. Many people have been sucked in gambling and they were bankrupt in just a couple of years.

well said. i personally know people who went bankrupt because of gambling addiction that they start selling properties. i don't think it should be even a choice between gambling and investing, the results are way too different.

Tantlizbat

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I would choose to Invest instead of gambling.
Gambling is mostly cause you loose but investing in good places will give good profit.
the thing is just invest your money in good and legit places.

danherbias07

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Better invest. Gambling will take you nowhere. It is just fun for a moment but all that fun will be changed to stress once you feel the lost. Many people have been sucked in gambling and they were bankrupt in just a couple of years.

crairezx20

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Quote from: Pamadar on September 27, 2016, 10:47:15 AM

Quote from: poplolnman on September 27, 2016, 10:34:13 AM

Quote from: sulendra12 on September 25, 2016, 01:51:52 AM

Quote from: poplolnman on September 25, 2016, 01:44:23 AM

not worse , but i guess it's equal to gambling if you do trading without doing any research. investment and trading also are two different thing. the point are investment aren't pure gamble , so people should prefer to choose to do invest instead gamble , pretty clear choice.

I agree with this , trading without research about coin is same like gambling . But , it's more better than gambling because in trading it has lot of choices you can choose for coin (when you sell it on the right time , I think is gambling because it's depends on luck for sell it on the right time).
For me , I choose trading than gambling because I can control my money on trading.

it's not a right reason i guess to choose trading due you think you could control your money instead in gambling. you could control money in gambling too by manage your bankroll properly. the ideal reason why you must choose trading than gambling are , the probability you could earn profit through trading are more realistic than gambling.

if i get it right chances is much bigger into trading because if you just learn how the movement will work you will able to earn a lot while from gambling you are just leaning to your luck.

Gambling is not for luck gambling made only to give entertainment do you think if you ask casinos they will say that their business is for lucky person for me no gambling made only to give entertainment and fun for their customers they made that casino for entertainment.

Topic: To Gamble or To Invest? - page 115. (Read 89203 times)