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Author Topic: Bitcoin is not gambling  (Read 20827 times)
Serious475
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January 13, 2018, 11:01:44 AM
 #1761

Yes, Bitcoin is not gambling but it is a cryptocurrency. Gambling is optional in Bitcoin. Gambling and Investing are both risky, but they are different.  Gambling is addictive and might destroy someone's life but investing is not like that. Gambling is based in luck, but investing is based on your knowledge and skill. So if someone said that investing in bitcoin is gambling, ignore them because in the end if you reap the benefits of Bitcoin they will shut up when they see you.
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xiaoyu666
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January 13, 2018, 11:30:39 AM
 #1762

I totally agree with you that I think of holding bitcoin as an investment rather than a gamble, and I believe that if I have the patience to hold bitcoin, it won't take long for me to reap the rewards.
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January 13, 2018, 11:43:24 AM
 #1763

I should add: don't limit yourself to just Bitcoin. There are some pretty decent proof of stake coins out there, so when you buy some, then your wallet will "mint" more. Then it's not just a matter of buying low and selling high, but you're actually earning a bit of an income. A really great proof of stake coin to check out is DMD Diamond.
I totally agree with you that I think of holding bitcoin as an investment rather than a gamble, and I believe that if I have the patience to hold bitcoin, it won't take long for me to reap the rewards.
     

Bitcoin is not gambling. It is and investment if you have bitcoin, and it is much safer and profitable than putting your money at the bank.
 
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January 13, 2018, 12:23:08 PM
 #1764

I should add: don't limit yourself to just Bitcoin. There are some pretty decent proof of stake coins out there, so when you buy some, then your wallet will "mint" more. Then it's not just a matter of buying low and selling high, but you're actually earning a bit of an income. A really great proof of stake coin to check out is DMD Diamond.
I totally agree with you that I think of holding bitcoin as an investment rather than a gamble, and I believe that if I have the patience to hold bitcoin, it won't take long for me to reap the rewards.
     

Bitcoin is not gambling. It is and investment if you have bitcoin, and it is much safer and profitable than putting your money at the bank.
 

I agree with you, but about security this is a contentious issue, as there are scammers everywhere and you need to be very careful where to invest.
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January 13, 2018, 12:26:11 PM
 #1765

Bitcoin isn't a gamble. Investing to it is a gamble but the tech behind bitcoin is something that we should appreciate as an innovated currency where it will help us to transact, send money and buy everything that we want as long as the other end is willing to accept it.

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Al-e_x
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January 13, 2018, 12:46:45 PM
 #1766

I do not agree if bitcoin is called a gambling tool, because I never use bitcoin as a gambling tool or any harmful thing. Maybe only certain people who use to the negative.
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January 13, 2018, 12:47:41 PM
 #1767

it is, in the way that you're not sure how it will grow.
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January 13, 2018, 12:48:59 PM
 #1768

Investing in something is always a gamble to some extent since we can't really predict the future of a coin or any investment for that matter. It's on us to manage risk.
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January 13, 2018, 12:50:49 PM
 #1769

test
Kidmat
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January 13, 2018, 12:57:02 PM
 #1770

Investing in something is always a gamble to some extent since we can't really predict the future of a coin or any investment for that matter. It's on us to manage risk.
Every investing is a risks and a gamble that you have to win the game. Yes in every investment it really takes a risks so invest only what you can afford alwasy. Take risks and face the fear for sure you will gain profit.
arief89
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January 13, 2018, 12:58:29 PM
 #1771

I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
In my opinion, bitcoin is not a gamble because bitcoins do not harm each other, while gambling is definitely a disadvantage.
The advantage we get from bitcoin depends on how we work, if we work well then we will get the benefits we want but if we work badly then we will lose

Tiana1
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January 13, 2018, 12:59:04 PM
 #1772

Well, that's what many people think it is but it's not. It's investment which involves risk but not gambling. They are different.
Godric-Gryffindor
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January 13, 2018, 01:00:21 PM
 #1773

I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
For me it's not gambling, i use technical indicator and Candlestick Analysis to give me confidence to enter trades, i also watch news and read article concerning stocks, forex, Cryptocurrency and Commodity, I do it regularly to help me decide if the market will continue bullish or will not and go bearish or vice versa.
The thing is if you treat trading or bitcoining as a gambling your funds will always go Out of the money or OTM.
devinks
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January 13, 2018, 01:00:42 PM
 #1774

bitcoin is not a gamble. the rising bitcoin price is reasonable because of the fluctuating bitcoin properties following the market price. so we have to know about it
fishball
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January 13, 2018, 01:03:32 PM
 #1775

I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.

Yes hahaXd Some are just jealous bexause you earn money just posting here...and they don't understand hahahaXd
Imran Nazir
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January 13, 2018, 01:29:11 PM
 #1776

Bitcoin is not a gamble, but the speculation of playing money in exchange for bitcoin. All of these things require strong instinct,It’s simply a job through which people are getting amount of that work done. Bitcoin is digital currency and many countries are accepting now days Smiley
adpinbr
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January 13, 2018, 01:47:48 PM
 #1777

I agree that bitcoin is not a gambling. Its just a way to help you more and gain profit from it. Bitcoin is not a gambling definitely it is not  a sin so why can you prohibit bitcoin its just a play time you should enjoy and after you will gain more.



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Rainbot
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dvillier
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January 13, 2018, 01:49:02 PM
 #1778

Bitcoin is absolutely an advanced money and there are a great deal of sources to win from bitcoin I know many individuals who are doing betting here and they believe it's one of the quick method to acquire however I think they are incorrect in light of the fact that in betting you can lose and on the off chance that you need to gain on every day base with quick way so you can join on line exchange since I'm additionally procuring from on line exchange and its exceptionally valuable for me and I needn't bother with any betting to win.
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January 13, 2018, 01:51:41 PM
 #1779

It completely depends,

If you buy and hold as an investment its not

If you conatantly trade for quick wins then yes you are
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January 13, 2018, 02:09:52 PM
 #1780

Yes, Bitcoin is not gambling but it is an investment that you need to take care like in the real business if your stock is on trend you will definitely gain higher amount while if its not it end up with no income.

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