I think investing is more risky than gambling because most of investing websites are just scam, but in gambling you have better chances to make your bitcoin grow. How about you guys what do you think?
I guess the 'scam investment' you mean ponzi scheme? Ponzi is not a investment it is a donation to the scammer. For me investment is a better option than gambling because it seems less risky and I can decide where to invest.
Well, if you only invest in ponzies at the beginning, when they start
You can actually earn quite a bit of money
You just have to play it smart and get out as soon as profit
Just like an example that we are in bitcoin industry and many countries are subject to this crpyto that's why not all countries doesn't support bitcoin investment. And if we are going to talk about risk, gambling and investment has the same risk but yes, investing has lesser risk.
The risk is actually the same, the risk is about losing your money . If you invest or gamble and thing goes wrong then you will lose your money. That is the risk that someone needs to take in either gamble or investment however the return is different as you are getting profit in return over long term in investment
The lesser risk that I'm talking with investment is that because it includes time and patience for it unlike in gambling, you will just bet whenever you want and whatever amount you wanted to bet. And they are totally different when you win if you gamble, then that is called winning and when you gain money in investment that is profit.
The difference is that in gambling the house always wins (long term)
While in investing there's a slight chance the company you invested in will rule the world and you'll become a millionaire too
It's slight, but it's there
Well.. It's there if you play the lottery too but come on
Lottery is based on pure luck, when you invest, you need to predict what's going to happen using trends, current circumstances and the situation in that field etc. It requires research and knowledge, it requires more skill!
Gambling is for fun, and investing is a job