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Author Topic: To Gamble or To Invest?  (Read 89130 times)
CasioK
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June 28, 2016, 07:56:24 AM
 #381

Do you believe in your own luck, or do you believe in a 5% higher chance to win? If you choose the latter, keep in mind that your profits are padded, as other people are also receiving profits, and even the house sometimes takes a cut,
Yes the house takes a cut and that happens more often than we can think of but that does not mean that investing is a bad option because house slowly can recover but the gambler can not.

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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June 28, 2016, 08:47:15 AM
 #382

Investing is saver then gambling but the thing with investing is that you will have to be patient and it can be a while before you make some money. It also is not sure that you are going to win money.
With gambling you can lose money but at least you now directly after that you lost or won some money.
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June 28, 2016, 08:54:31 AM
 #383

Investing is saver then gambling but the thing with investing is that you will have to be patient and it can be a while before you make some money. It also is not sure that you are going to win money.
With gambling you can lose money but at least you now directly after that you lost or won some money.

Yes in general its safer but we are not talking about 401k investments here. These are considered very risky and almost as bad as gambling.

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June 28, 2016, 04:20:01 PM
 #384

Its better to invest mate..casinos, are made to earn money, not give money..it is designed for that.Tongue
Yeah, I saw articles before that the percent you'll likely make a casino go bankcrupt is 10% while the chance that you will make yourself run out of coins is 90%.
No its 49% chance that you will win and 51% chance that house will win, given that you have equal amount of money as have the house. You are simply playing against a 1% edge and if you have equal bankroll you know what I mean.
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June 28, 2016, 06:20:29 PM
 #385

Gambling and to invest in any gambling casino is almost have same risk but investment is basically depends on Kelly selection how much risk you can afford and how much profit you want to make from your profit, low risk selection can take too long time to make some profit but in the end the house always win
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June 28, 2016, 07:42:25 PM
 #386

Gambling should be considered the last option but you could choose to invest it in gambling websites which have giveaways running currently like luckybit and primedice while the rest can be just used for trading. That way, you can get to use your coins instead of merely holding them.
Yes but I think the way it is very risky and very difficult, and many people who can not understand the way. Perhaps most people know by collecting and holding bitcoin has included short-term investments.
I think investing now a days is made so easy that even a 10 year old kid who knows what he is doing can invest. Basically yeah you are right at one point that we the investors must understand that there is a edge and we are supposed to win not that we will always win.
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June 28, 2016, 10:04:27 PM
 #387

Gambling should be considered the last option but you could choose to invest it in gambling websites which have giveaways running currently like luckybit and primedice while the rest can be just used for trading. That way, you can get to use your coins instead of merely holding them.
Yes but I think the way it is very risky and very difficult, and many people who can not understand the way. Perhaps most people know by collecting and holding bitcoin has included short-term investments.
I think investing now a days is made so easy that even a 10 year old kid who knows what he is doing can invest. Basically yeah you are right at one point that we the investors must understand that there is a edge and we are supposed to win not that we will always win.

But i think investing is more safer than gambling because you are not playing with your faith and a high chance for us to get profit due to house edge rather than if we play we might adjust some things and use different strats just to win in gambling and thats pretty nervious if you are the player wanting to win and end up losing.

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June 28, 2016, 10:25:55 PM
 #388

If youre feeling lucky, you could try gambling. Investing is effective but only if you have a large amount of money to invest. But even then, there are still risks with both, but investing is often safe than gambling. I would go with whichever you feel would earn you more, depending on how much you have to invest.

If you feel lucky going to a casino may be the worst thing you can do. Feeling over confident you make bets which you usually won't do.
And thus losing quite some money.
Agreed,feeling lucky and have good confident will never enough to won on gambling,we can play with feeling,we play with strategy and patience,its why people always over confident on gambling,and finally they lost so much money,i will avoid "feeling lucky" for safe Grin
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June 29, 2016, 06:05:13 AM
 #389

If youre feeling lucky, you could try gambling. Investing is effective but only if you have a large amount of money to invest. But even then, there are still risks with both, but investing is often safe than gambling. I would go with whichever you feel would earn you more, depending on how much you have to invest.

If you feel lucky going to a casino may be the worst thing you can do. Feeling over confident you make bets which you usually won't do.
And thus losing quite some money.
Agreed,feeling lucky and have good confident will never enough to won on gambling,we can play with feeling,we play with strategy and patience,its why people always over confident on gambling,and finally they lost so much money,i will avoid "feeling lucky" for safe Grin
Yes, but all the same gambling victory depends on luck, so we do not have a strategy that is sure to win. Investment is also the same but it could be circumvented in order to earn a profit. I prefer investing because it is more certain.
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June 29, 2016, 06:51:11 AM
 #390

Gambling should be considered the last option but you could choose to invest it in gambling websites which have giveaways running currently like luckybit and primedice while the rest can be just used for trading. That way, you can get to use your coins instead of merely holding them.
Yes but I think the way it is very risky and very difficult, and many people who can not understand the way. Perhaps most people know by collecting and holding bitcoin has included short-term investments.

Yeah but buying and holding bitcoin isn't a short term investment. I went to almost $800 and now its back down, who knows when it will break $800 or all the all time high again?
That is a completely different topic but I would like to take a minute and answer you, see suppose you buy bitcoins at price of 400$ now if you set a price in mind like say 650$ then you can wait till then and sell it. Make new targets, fulfill them and move forward.

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June 29, 2016, 07:47:11 AM
 #391

Its better to invest mate..casinos, are made to earn money, not give money..it is designed for that.Tongue
They are designed to have gamblers play, they have a edge so yes they will always end up on the winning side. Gambling is your option when you want quick money rather than slow profits.

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June 29, 2016, 02:13:15 PM
 #392

in my opinion , i advice you to invest your bitcoin , for now there is a volatility of price of bitcoin but it still less risks than gambling .
you can lose all your money in gambling unless when you invest there is a small percentage of loss .
Yes but you win also small. Yes, I know investing is a better idea but better than investing is gambling or investing into other places. I also used to love investing in gambling sites but recently starting to hate it.
Here winning small or big is not matter. Only thing we have to look win. Yes in investing we can make a small profit, but here at least we have hope that we can make some money. But in gambling, we will not give any assurance. You may win big amount, or else you will lose everything that you have so the choice is yours.
Yeah exactly true, in short we can say that investing option is for those who have big amounts and seek small profits while the gambling options is for the ones who have small amounts and seek high income.

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June 29, 2016, 02:17:04 PM
 #393

Investing is always better. But it's good to keep some saving money too. Which is why I chose to save 10% of my money when the interest went zero.
The rest went for investing in both bitcoin and some currencies & stocks. I feel it's a risky investment but to win you need to take risks.
Yes to get some you have to risk some Cheesy and Investing is always a great way to make your earnings more ! and its always bad to gambling in my opinion as house wins at last for sure and you will get left with nothing !
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June 29, 2016, 02:47:59 PM
 #394

Investing is always better. But it's good to keep some saving money too. Which is why I chose to save 10% of my money when the interest went zero.
The rest went for investing in both bitcoin and some currencies & stocks. I feel it's a risky investment but to win you need to take risks.
Yes to get some you have to risk some Cheesy and Investing is always a great way to make your earnings more ! and its always bad to gambling in my opinion as house wins at last for sure and you will get left with nothing !
But to me this is a no brainer. Invest first and get whatever you feel you have earned from your investments in gambling. That way you don't actually risk losing money.

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June 29, 2016, 03:20:53 PM
 #395

hi guys, i bought 1BTC today and i am wondering to gamble or to invest the 1btc?

if to gamble
 
best site to gamble with a really nice provably fair..

and if to invest.

best investment program wherein no scam.

thank you for your opinions guys

cheers

Personally, i would keep the 1BTC as an investment in itself... Personally, i'm convinced the price will rise in the future, making it a good investment with relatively low risk.

IF you have to invest, i'd personally invest in the bankroll of a trusted casino. I'd stay away from any Ponzi/HYIP, i'd stay away from loan sites, i'd stay away from giving loans on the forum,... Maybe you could invest in altcoin trades, altough you need really profound knowledge to make some coins that way.

IF you have to gamble, you can look in my signature Wink

I wouldn't consider 1 btc an investment though.
you might just want to invest it to a new coin or maybe gambling site to which it can grow exponentially.
if you just keep 1 btc as it it. and grow maybe around 1K, you just earn $400 whereas if you another coin maybe 100ETH and in the future 1ETH doubled its value then that would be more than 10x.

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June 29, 2016, 03:43:48 PM
 #396

hi guys, i bought 1BTC today and i am wondering to gamble or to invest the 1btc?

if to gamble
 
best site to gamble with a really nice provably fair..

and if to invest.

best investment program wherein no scam.

thank you for your opinions guys

cheers

Personally, i would keep the 1BTC as an investment in itself... Personally, i'm convinced the price will rise in the future, making it a good investment with relatively low risk.

IF you have to invest, i'd personally invest in the bankroll of a trusted casino. I'd stay away from any Ponzi/HYIP, i'd stay away from loan sites, i'd stay away from giving loans on the forum,... Maybe you could invest in altcoin trades, altough you need really profound knowledge to make some coins that way.

IF you have to gamble, you can look in my signature Wink

I wouldn't consider 1 btc an investment though.
you might just want to invest it to a new coin or maybe gambling site to which it can grow exponentially.
if you just keep 1 btc as it it. and grow maybe around 1K, you just earn $400 whereas if you another coin maybe 100ETH and in the future 1ETH doubled its value then that would be more than 10x.


However there is also a chances that the investment will go wrong. I would say 1btc is also can consider as a form of investment if you just see btc as a form of earning fiat money.
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June 29, 2016, 03:44:14 PM
 #397

hi guys, i bought 1BTC today and i am wondering to gamble or to invest the 1btc?

if to gamble
 
best site to gamble with a really nice provably fair..

and if to invest.

best investment program wherein no scam.

thank you for your opinions guys

cheers

There's only a thin line that separates "gambling" and "investing" in cryptocurrencies. If you want to gamble try to play the games that you can gain an edge like sportsbetting or blackjack. If you want to invest, avoid altcoins. Bitcoin is already an investment in itself.

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Capradina
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June 29, 2016, 03:53:01 PM
 #398

hi guys, i bought 1BTC today and i am wondering to gamble or to invest the 1btc?

if to gamble
 
best site to gamble with a really nice provably fair..

and if to invest.

best investment program wherein no scam.

thank you for your opinions guys

cheers

Personally, i would keep the 1BTC as an investment in itself... Personally, i'm convinced the price will rise in the future, making it a good investment with relatively low risk.

IF you have to invest, i'd personally invest in the bankroll of a trusted casino. I'd stay away from any Ponzi/HYIP, i'd stay away from loan sites, i'd stay away from giving loans on the forum,... Maybe you could invest in altcoin trades, altough you need really profound knowledge to make some coins that way.

IF you have to gamble, you can look in my signature Wink

I wouldn't consider 1 btc an investment though.
you might just want to invest it to a new coin or maybe gambling site to which it can grow exponentially.
if you just keep 1 btc as it it. and grow maybe around 1K, you just earn $400 whereas if you another coin maybe 100ETH and in the future 1ETH doubled its value then that would be more than 10x.


However there is also a chances that the investment will go wrong. I would say 1btc is also can consider as a form of investment if you just see btc as a form of earning fiat money.

Wrong or right depends on how we do it. because if we don't do well investing or gambling then it is certain that things will go wrong and vice versa. so the key is on the action being performed. I hope if you want to make an investment you do not readily believe in sites that offer an unnatural thing/you should analyze whether the site uses a system of a ponzi or not
aranachristianjay
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June 29, 2016, 04:25:39 PM
 #399

hi guys, i bought 1BTC today and i am wondering to gamble or to invest the 1btc?

if to gamble
 
best site to gamble with a really nice provably fair..

and if to invest.

best investment program wherein no scam.

thank you for your opinions guys

cheers

Personally, i would keep the 1BTC as an investment in itself... Personally, i'm convinced the price will rise in the future, making it a good investment with relatively low risk.

IF you have to invest, i'd personally invest in the bankroll of a trusted casino. I'd stay away from any Ponzi/HYIP, i'd stay away from loan sites, i'd stay away from giving loans on the forum,... Maybe you could invest in altcoin trades, altough you need really profound knowledge to make some coins that way.

IF you have to gamble, you can look in my signature Wink

I wouldn't consider 1 btc an investment though.
you might just want to invest it to a new coin or maybe gambling site to which it can grow exponentially.
if you just keep 1 btc as it it. and grow maybe around 1K, you just earn $400 whereas if you another coin maybe 100ETH and in the future 1ETH doubled its value then that would be more than 10x.


However there is also a chances that the investment will go wrong. I would say 1btc is also can consider as a form of investment if you just see btc as a form of earning fiat money.

Wrong or right depends on how we do it. because if we don't do well investing or gambling then it is certain that things will go wrong and vice versa. so the key is on the action being performed. I hope if you want to make an investment you do not readily believe in sites that offer an unnatural thing/you should analyze whether the site uses a system of a ponzi or not

Yeah mmost investing websites now are running on ponzi scheme.

And for that sitaution it is so risky of losing your bitcoins to a fake and not legit site, better to try to trade it or to gamble it woth moderation and control to the acmount you bet.

But For my recommendation, If  I were you, I will definitely go for a trading, Less risk compared to gambling and investing to a wring investment site.

Goodluck with your coins.
prtty2gal2
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June 29, 2016, 04:48:50 PM
 #400

I think investing is way better right now it all these nice events that are coming up, you have to keep in mind the bitcoin halving is coming.
Because its coming its better to invest in my eyes.
Investing will yield equal profits whether its halving or anything, but you are right in one sense as if you invest now then you actually saved your bitcoins and hence have a awesome chance of selling them at much higher prices plus interest from investing.
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