Poll: Gambling or Investing?

[ibitcoinblog]

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!

[Wendigo]

Other options may be - lending, trading, exchanging, buying a space ticket etc. 

[BigNiggaTigga]

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

[ibejammin]

obviously a gamble

[ibitcoinblog]

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!

[fandridis]

I would prefer to invest 99% while I gamble 1% for the thrills!

[Evilish]

Gambling is for the weak, it's for those who like to make quick profit. I'd only invest.

[ibitcoinblog]

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?

[Flashman]

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)

[poewerden]

I buy stuff with Bitcoin, and save some Bitcoins.

[[fakker]]

Gamble

[inspiredinvestor]

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.

 

[TheEmperor]

Isn't investing just an educated gamble anyway?

[guybrushthreepwood]

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.

[inspiredinvestor]

Isn't investing just an educated gamble anyway?

you bet! it's my gambling of choice!

[guybrushthreepwood]

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  .

[TheEmperor]

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  .

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



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!

[ibitcoinblog]

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?

[pwpwpw]

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

[jiffyam]

All investing is gambling, anyone that claims otherwise is a fool.
Some investments just have much higher risk than others.