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Author Topic: To Gamble or To Invest?  (Read 89134 times)
Lexiatel
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July 29, 2016, 04:15:01 AM
 #601

If it were me, and I bought 1 BTC just to 'spend' it with the hopes to profit, I would put 50% into betting, and 50% into investing; that way, you get the best (or worst) of both worlds, and you can see which works out better for you.

With gambling, you can end up with a more faster profit (if you are lucky), where investing is something that takes time, and is usually not a quick method in 'earning'. If you plan on investing, pick several 'reputable' places (possibly casinos, since they usually don't fail early on) and just 'forget about it'. Maybe check in once a month.
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July 29, 2016, 04:16:48 AM
 #602

For me its better to invest than to gamble.
Investment have promising to gives you profit while in gambling you do not have assurance to gain profit it much more you will lose all your bitcoin in wallet.

And what are those ways/sites you are talking about that investing is good? Because he is asking for one. Can you share it to us. As we all are interested.

yeah. everyone looking for a good and legit way of investment. there are lots of ways to invest money. but to be honest 90% of them are just waste of money. only few investment sources are legit and really paying. and finding those source is not easy. because of the scammers we peoples are not ready to trust on legit ways.
for me gambling and investment both are very risky. but investment is better at all. the chance of profit in investment is exist.
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July 29, 2016, 05:10:01 AM
 #603

For me its better to invest than to gamble.
Investment have promising to gives you profit while in gambling you do not have assurance to gain profit it much more you will lose all your bitcoin in wallet.

And what are those ways/sites you are talking about that investing is good? Because he is asking for one. Can you share it to us. As we all are interested.

yeah. everyone looking for a good and legit way of investment. there are lots of ways to invest money. but to be honest 90% of them are just waste of money. only few investment sources are legit and really paying. and finding those source is not easy. because of the scammers we peoples are not ready to trust on legit ways.
for me gambling and investment both are very risky. but investment is better at all. the chance of profit in investment is exist.

Well if there is a legit investment site out there it will be famous after that it will be over subscribe and won't be able to accept any more investors. I hope I can spot a Legit investing site first.
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July 29, 2016, 10:25:43 AM
 #604

For me its better to invest than to gamble.
Investment have promising to gives you profit while in gambling you do not have assurance to gain profit it much more you will lose all your bitcoin in wallet.
When you are having your investment without any research, then it is more dangerous than gambling. At least in gambling you might have some control over your money in the case of investments, it is totally out of your control. Only if your investment site is STILL legit, you might get your returns, other wise it must be similar to gambling.
Yes, from the experience and having in both gambling and investment sites, only with your luck might get you some profits from these type of sites. Yes, even with your investments you might need your luck to favour you in order to gain some profits. When you are having huge bad luck, your investment site might scam you lol...
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July 29, 2016, 12:06:28 PM
 #605

For me its better to invest than to gamble.
Investment have promising to gives you profit while in gambling you do not have assurance to gain profit it much more you will lose all your bitcoin in wallet.
When you are having your investment without any research, then it is more dangerous than gambling. At least in gambling you might have some control over your money in the case of investments, it is totally out of your control. Only if your investment site is STILL legit, you might get your returns, other wise it must be similar to gambling.
Yes, from the experience and having in both gambling and investment sites, only with your luck might get you some profits from these type of sites. Yes, even with your investments you might need your luck to favour you in order to gain some profits. When you are having huge bad luck, your investment site might scam you lol...
That is the downside in investment but that is just an isolated cases, we can still make profit in investing because the house always wins and that is proven and back by the history, we need to trust and put a decent amount of money.

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July 29, 2016, 01:50:03 PM
 #606

Gambling itself means to gamble and in the end you lose out. While investing is an making investment and if invested in right products yields you profits. Investing is always better. But it's good to keep some saving money too. . I feel it's a risky investment but to win you need to take risks.
Agree, Investing is always better than gambling. Gambling is more on luck while investing is more on knowledge and if w have enough knowledge I'm sure we can gain profit in trading.  Smiley
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July 29, 2016, 02:05:48 PM
 #607

For me its better to invest than to gamble.
Investment have promising to gives you profit while in gambling you do not have assurance to gain profit it much more you will lose all your bitcoin in wallet.
When you are having your investment without any research, then it is more dangerous than gambling. At least in gambling you might have some control over your money in the case of investments, it is totally out of your control. Only if your investment site is STILL legit, you might get your returns, other wise it must be similar to gambling.
Yes, from the experience and having in both gambling and investment sites, only with your luck might get you some profits from these type of sites. Yes, even with your investments you might need your luck to favour you in order to gain some profits. When you are having huge bad luck, your investment site might scam you lol...
It is really pathetic situation for a common bitcoiner not to have any legit option to grow his bitcoins in a passive way. Most of the people are looking for investment opportunities just to gain some extra money with their sleeping bitcoins. But risks associated with both gambling and investment options are seeming almost same.
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July 29, 2016, 03:29:01 PM
 #608

Gambling itself means to gamble and in the end you lose out. While investing is an making investment and if invested in right products yields you profits. Investing is always better. But it's good to keep some saving money too. . I feel it's a risky investment but to win you need to take risks.
Agree, Investing is always better than gambling. Gambling is more on luck while investing is more on knowledge and if w have enough knowledge I'm sure we can gain profit in trading.  Smiley
and specially in present time investment in bitcoin is more profitable than gambling, because it is expected that bitcoin price will increase so high in next few months. so it is better to invest in bitcoin instead of gambling.
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July 29, 2016, 06:33:53 PM
 #609

Gambling itself means to gamble and in the end you lose out. While investing is an making investment and if invested in right products yields you profits. Investing is always better. But it's good to keep some saving money too. . I feel it's a risky investment but to win you need to take risks.
Why? Because it sounds more professional and it gives you fake feeling of being a serious businessman instead of a pitiful and delusional gambler?
It is not exactly that easy to say - "investment is better", actually if you look closely you can find pretty number of 'serious investors' totally bankrupted because they failed somewhere.

No because he is right. If you think gambling and investments are on par then it is you under delusion. "Serious investors" bankrupt ?
Lol what are you talking about. I bet you have no idea what you on about and not a single investment to your name or know anything of how money is made. Eh hate what you can't have hey.

 
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July 29, 2016, 06:38:39 PM
 #610

Don't gamble your coins away you will regret it in the end. That is a certainty.
Better to use them to invest atleast you will see something in the end of a long time instead of nothing in a short time with gambling.

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July 29, 2016, 08:49:25 PM
 #611

Don't gamble your coins away you will regret it in the end. That is a certainty.
Better to use them to invest atleast you will see something in the end of a long time instead of nothing in a short time with gambling.

That is what i am saying too. Why try be greedy and lazy and take the easy way out and try win quickly and risk it all when you can make small amounts slowly and surely. People are in too much of a hurry and rush things without thinking them through they just want everything to come quickly and easily but we all know money doesn't work that way it must be earned with hard work and we cannot look at lucky people and think we can be that way too.

 
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PacePay
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July 29, 2016, 09:17:24 PM
 #612

I think you should have to invest that 1 bitcoin in trading of bitcoins and altcoins, it is more beneficial and in that you will not face the chance of lose if you will have patience to wait for longer.
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July 30, 2016, 12:07:13 AM
 #613

For me its better to invest than to gamble.
Investment have promising to gives you profit while in gambling you do not have assurance to gain profit it much more you will lose all your bitcoin in wallet.

And what are those ways/sites you are talking about that investing is good? Because he is asking for one. Can you share it to us. As we all are interested.
I guess it would be a very hardest question to answer. Because there will not be any legit investment opportunity to share here. Even some sites are paying right now they might turn scam at any time in future. If you are ready to invest in any future scam, then you can google and find many with your own responsibility.
Yes, it would be definitely a tougher to come up with your legit investment opportunity. This way now a days, most of the gamblers are having same opinion on both gambling sites and investment sites. With both of them, there is no guarantee for our principal amount. It would be better to stay away from both of them.

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July 30, 2016, 12:24:28 AM
 #614

Gambling itself means to gamble and in the end you lose out. While investing is an making investment and if invested in right products yields you profits. Investing is always better. But it's good to keep some saving money too. . I feel it's a risky investment but to win you need to take risks.
Why? Because it sounds more professional and it gives you fake feeling of being a serious businessman instead of a pitiful and delusional gambler?
It is not exactly that easy to say - "investment is better", actually if you look closely you can find pretty number of 'serious investors' totally bankrupted because they failed somewhere.

No because he is right. If you think gambling and investments are on par then it is you under delusion. "Serious investors" bankrupt ?
Lol what are you talking about. I bet you have no idea what you on about and not a single investment to your name or know anything of how money is made. Eh hate what you can't have hey.
Do I have to be Warren Buffett to have my own point of view? And do you know that using personal attacks in a debate and ad hominem arguments basically nullify everything you stand for?
I am not trying to glorify gambling here. As it is flawed and certainly not good way to earn money. So don't be fooled. I am just saying that you can't be safe with investments.

Couple examples:

http://www.aol.com/article/2014/05/08/biggest-investment-failures-ever/20882184/

https://www.cbinsights.com/blog/biggest-startup-failures/

And I guess you didn't hear about failed investments of none other than Buffett himself, it is not exactly a 'bankrupcy' but he even later called his error a '200-billion-dollar mistake'.

You can read it here: http://www.forbes.com/sites/moneybuilder/2013/05/08/the-worst-investment-of-warren-buffetts-career/#3c3aa930227c

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July 30, 2016, 12:53:12 AM
 #615

If it were me, and I bought 1 BTC just to 'spend' it with the hopes to profit, I would put 50% into betting, and 50% into investing; that way, you get the best (or worst) of both worlds, and you can see which works out better for you.

With gambling, you can end up with a more faster profit (if you are lucky), where investing is something that takes time, and is usually not a quick method in 'earning'. If you plan on investing, pick several 'reputable' places (possibly casinos, since they usually don't fail early on) and just 'forget about it'. Maybe check in once a month.

I agree with you. Split our money into half 50% 50% for gambling and investing, i think it's a good idea. Gamblng also can make a profit and in the other hand, investing also earn passive income.
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July 30, 2016, 01:05:38 AM
 #616

Maybe it's depends about what you want. And investing would be many times better then just gambling your money. But if you want to earn as it will wreck your life in no time and would definitely destroy your plan, just do gambling for pure entertainment and focus on investment. I recommend to gambling not to invest.
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July 30, 2016, 01:12:28 AM
 #617

I think you should have to invest that 1 bitcoin in trading of bitcoins and altcoins, it is more beneficial and in that you will not face the chance of lose if you will have patience to wait for longer.

Altcoin trading is not a very easy task because a lot of people lost money in this process because it needs some knowledge, not all altcoins will raise over the time, but they may lose value over the time because of bitcoins demand higher than other altcoins. So one should very carefully need to study the altcoins market and invest to make profits.
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July 30, 2016, 03:26:35 AM
 #618

Don't gamble your coins away you will regret it in the end. That is a certainty.
Better to use them to invest atleast you will see something in the end of a long time instead of nothing in a short time with gambling.

Actually you can gambling your coins but not in a huge way because you will get your adrenaline up and mostly this will end bad for you. But to invest you really need a lot to be worth, if only you got small amount it is not worth for the payout
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July 30, 2016, 03:30:23 AM
 #619

Don't gamble your coins away you will regret it in the end. That is a certainty.
Better to use them to invest atleast you will see something in the end of a long time instead of nothing in a short time with gambling.

Actually you can gambling your coins but not in a huge way because you will get your adrenaline up and mostly this will end bad for you. But to invest you really need a lot to be worth, if only you got small amount it is not worth for the payout

I do agree that we need a slightly lot of money to invest compared to gambling, but we can always start investing with small and slowly increase. In moneypot there is no minimum investment restriction so one can start investing small amounts and over the time your investments will slowly grow to bigger size.
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July 30, 2016, 05:12:31 AM
 #620

Don't gamble your coins away you will regret it in the end. That is a certainty.
Better to use them to invest atleast you will see something in the end of a long time instead of nothing in a short time with gambling.

Actually you can gambling your coins but not in a huge way because you will get your adrenaline up and mostly this will end bad for you. But to invest you really need a lot to be worth, if only you got small amount it is not worth for the payout

I do agree that we need a slightly lot of money to invest compared to gambling, but we can always start investing with small and slowly increase. In moneypot there is no minimum investment restriction so one can start investing small amounts and over the time your investments will slowly grow to bigger size.

This is what i keep telling people cause they always assume that they cant invest or the profit is insignificant. It is proportionally to your invest amount. Everyone will get the same percentages to their bankroll.
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