Yes, there is huge difference between buying shares and gambling. In gambling you just have to depend on your luck and there are maximum chances of loosing the money and less chances of winning the money. On other hand you can buy the share after doing some research and checking the fundamentals of that company to minimize the loss and to make some profit.
That's true only when you know the shares aren't being manipulated. If you invest in penny stocks or bitcoin startups you can be sure there's somebody pulling the strings. Investing in penny stocks is like playing gambling so if your not sure about how the company works and what are their product and you also should know the back ground of company promoters. If any good reputable person behind the company then surely you can buy for good profits otherwise only luck is need to make a good profits from penny stocks. It's a commonly used technique also that someone buys a lot kind of penny stocks for cheap price, after a while 95% of them fails but the remaining 5% gives such a good profit that compensates the losses of the others. This is also like gambling but seems to work for the big hedges. |
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Frankly, this isn't a surprise. There's no VAT issue with BTC, the real issue is tax on capital, but then it would be tricky to enforce. Unless you're an early miner selling a large quantity of BTC, the average BTC to cash transaction will go unnoticed.
What if you sell very slowly? Like every month you sell 200 dollars worth of Bitcoin. Would those miners still end up getting caught by IRS or whatever the Europeans have over there? I think this is the case because at the end of the day, fiat transactions stay logged within the banking system. They will eventually ask were is all this monthly money coming from I assume. I'm wondering that as you said that fiat transactions are logged. But do you need to sell your BTC to use it for daily expenses? I'm using a debit card attached to my wallet. I can spend my BTCs directly from the wallet, in all the places where the merchants accept VISA cards. Is the BTC card provider companies also log the BTC transactions or does they share the information to authorities if they are asked officially? Which country's law is applicable for them? |
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Is there a difference in winning chance between slots and dice? Both of them rely on pure luck, this is why I'm curious about it. Or, the house edge determines the winning possibilities?
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Gambling can be fun as long as you don't want to rely on it as a source for paying the living expenses. If you think about gambling as a job where you can earn money if you do well, there will be a problem.
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So you mean that somehow it seems like if you use only free BTCs (faucets, giveaways, etc) you have little or no chance to win big? What about lottery games? In that case everyone has equal chance to win but the possibility depends on the number of tickets you buy.
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There's a big difference! With gambling, in many ways we can say that you are just playing with luck while if you invest in stockshares you carefully study the market and make the best decision on which share you should invest. In this case it doesn't luck has nothing to do it, but rather have the availability to invest and wait for ROI.
It is true that you really need luck in gambling but in stockshare you will also need some luck, you can make a good decision just with study all the markets because sometimes people will also get some loss from stocks thats why you need a little bit luck to get some profit from it too. Both of them are same if you know how to control it You need luck of course in connection with stock exchange as well. Just like last time when the VW emission scandal hit the price of the share. That time if you were lucky and you just sell your shares because of whatever reason before, you saved yourself from a huge loss. |
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If you are gambling, win or loss is instant and unreversible. In case of stock trading you can decide and say if the game has ended (and you sell the stock with profit or loss) or you wait a bit more. If you wait, it can help your chances to become better.
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I have done my post in the service thread, please find my address:
Bitcoin Address:13V3Bj2vHsQYesm633KVgFtQ2zA8NmCJpM
Thanks very much
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I won't mention the clicking thing, but please don't forget it.
So you have mentioned that you calculate an average.
You can put the induvidual prices below the calculated average, maybe somebody is interested, or don't want to know the average but the best or the worst price to choose site to do some transactions. If you have already used the prices, it should not be a problem to put them on the page.
I know that USD is the preferred currency but I would see EUR prices as well if possible.
That's all for the first sight.
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You can hold a stock if it drops by a lot but once you loses in gambling you lost your bet. Buying stock is seemingly less risky as you can hold for a long period of time.
That is a very good point. When the share price drop, you company is still there, it may recover one day. When you lose your stake, it is gone forever. A kind of strategy ( or a common technique) that if a share price drops, you buy more to decrease your losses for the case if the price of the share starts to rise again. It's like: you own 2 shares, bought at the price of 100. Price drops to 50. If you just wait for the price to reach 100 again to get to 0 in loss. But if you buy 4 another shares at the price of 50, you only need to wait for the price to reach 75 and you can sell all the 6 shares and you also get to 0 again. It's more likely for the price to reach to 75 than to 100. The only risk in this case is if price won't go over 50 anymore but drops to 25, in this case you have a massive loss of 250, if you sell them. If you still won't sell them, it's possible that after a period of time the price jumps to 200 and you become rich  |
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No safe strategy in gambling. If you don't risk, you won't win, thats it. And, if you risk something, you can easily lose it very quickly. So if you want to gamble, risk only the amount you can afford to lose without serious consequences.
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If you hold onto a broad market index of stocks for long time you should make money over time. This is why the stock market are exists to give investors a some profits in exchange for taking on risk over the time. But casino games are designed to have a negative expected return. If you play games in a casino then over time you will be losing money. This is because the casino has set the odds so that you will lose money more often than you will make it. So investing stocks for long time is different from gambling.
You should consider the long term trends as well, like in 2008-2009 the trend was bearish, but after the credit crunch the trend started to be bullish again, until the next turn. If you trade the indexes, you have better chance to earn profit but much less chance to earn big, like if you catch a company's share that starts to sky rocket in a short period. But for this you need luck and a lot of analisys about those companies. |
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Sure you can invest with gambling there are gambling sites where you can invest your money in for a week or more and in the end you get some profit if the site does well within that time frame. |
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Payment received, thanks very much
Feedbacks done
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