Bitcoin Forum

Other => Beginners & Help => Topic started by: ibitcoinblog on January 15, 2014, 05:58:20 AM



Title: Poll: Gambling or Investing?
Post by: ibitcoinblog on January 15, 2014, 05:58:20 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!


Title: Re: Poll: Gambling or Investing?
Post by: Wendigo on January 15, 2014, 08:04:16 AM
Other options may be - lending, trading, exchanging, buying a space ticket etc.  ;D


Title: Re: Poll: Gambling or Investing?
Post by: BigNiggaTigga on January 15, 2014, 08:07:33 AM
I like to gamble and have been doing pretty good at it.

newest casino iv been using seems to be a scam tho and has sucked quite a few lottocoins from me :(


Title: Re: Poll: Gambling or Investing?
Post by: ibejammin on January 15, 2014, 08:36:02 AM
obviously a gamble


Title: Re: Poll: Gambling or Investing?
Post by: ibitcoinblog on January 15, 2014, 10:20:29 AM
Lending where? Are there any safe lending sites?

Thanks for the feedback, if you could please don't forget to vote on the straw poll: I'm going to use the image in a new article.
http://strawpoll.me/1023369/

Thanks again!


Title: Re: Poll: Gambling or Investing?
Post by: fandridis on January 15, 2014, 10:50:20 AM
I would prefer to invest 99% while I gamble 1% for the thrills!


Title: Re: Poll: Gambling or Investing?
Post by: Evilish on January 15, 2014, 10:54:40 AM
Gambling is for the weak, it's for those who like to make quick profit. I'd only invest.


Title: Re: Poll: Gambling or Investing?
Post by: ibitcoinblog on January 15, 2014, 10:57:18 AM
When investing, do you prefer to sell at certain intervals, or just as needed?
Or do you hold until you see potential in another coin and invest into it and resell for quick gains?


Title: Re: Poll: Gambling or Investing?
Post by: Flashman on January 15, 2014, 12:14:23 PM
Invest in a gambling site... seriously those have been some of the most stable and reliable BTC based businesses (Well there's plenty of scams also)


Title: Re: Poll: Gambling or Investing?
Post by: poewerden on January 15, 2014, 12:18:48 PM
I buy stuff with Bitcoin, and save some Bitcoins.


Title: Re: Poll: Gambling or Investing?
Post by: [fakker] on January 15, 2014, 12:33:59 PM
Gamble


Title: Re: Poll: Gambling or Investing?
Post by: inspiredinvestor on January 15, 2014, 12:47:56 PM
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.

 :D


Title: Re: Poll: Gambling or Investing?
Post by: TheEmperor on January 15, 2014, 12:51:16 PM
Isn't investing just an educated gamble anyway?


Title: Re: Poll: Gambling or Investing?
Post by: guybrushthreepwood on January 15, 2014, 01:03:13 PM
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.


Title: Re: Poll: Gambling or Investing?
Post by: inspiredinvestor on January 15, 2014, 01:28:48 PM
Isn't investing just an educated gamble anyway?

you bet! it's my gambling of choice! :)


Title: Re: Poll: Gambling or Investing?
Post by: guybrushthreepwood on January 15, 2014, 01:34:41 PM
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  ;D.


Title: Re: Poll: Gambling or Investing?
Post by: TheEmperor on January 15, 2014, 04:17:54 PM
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  ;D.

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



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!


Title: Re: Poll: Gambling or Investing?
Post by: ibitcoinblog on January 15, 2014, 10:32:13 PM
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?


Title: Re: Poll: Gambling or Investing?
Post by: pwpwpw on January 16, 2014, 12:34:42 AM
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 :D


Title: Re: Poll: Gambling or Investing?
Post by: jiffyam on January 16, 2014, 01:03:54 AM
All investing is gambling, anyone that claims otherwise is a fool.
Some investments just have much higher risk than others.


Title: Re: Poll: Gambling or Investing?
Post by: BTC-TK on January 16, 2014, 01:06:10 AM
Investing into gambling website bankrolls  ;D


Title: Re: Poll: Gambling or Investing?
Post by: stompix on January 16, 2014, 01:08:09 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.


Title: Re: Poll: Gambling or Investing?
Post by: broinc4 on January 16, 2014, 04:25:07 AM
Mostly its a Gamble.


Title: Re: Poll: Gambling or Investing?
Post by: inspiredinvestor on January 16, 2014, 05:13:17 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  ;D.

yep! I think that goes for all bitcoin things!


Title: Re: Poll: Gambling or Investing?
Post by: apsvinet on February 09, 2014, 01:35:48 PM
Gambling is definitely the most fun, but personally I'd never take that risk, it's common knowledge that you lose on average.


Title: Re: Poll: Gambling or Investing?
Post by: 2double0 on February 09, 2014, 01:42:25 PM
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!


Title: Re: Poll: Gambling or Investing?
Post by: Sonny on February 09, 2014, 07:40:11 PM
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. :P


Title: Re: Poll: Gambling or Investing?
Post by: apsvinet on February 10, 2014, 12:11:21 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. :P
I suppose that's true!


Title: Re: Poll: Gambling or Investing?
Post by: Omikifuse on February 10, 2014, 12:27:11 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..