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Author Topic: Crypto Vs Lotto  (Read 760 times)
samcrypto
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March 05, 2019, 12:53:53 PM
 #41

Cryptocurrency is more better than lottery. Why? Because cryptocurrency is an investment and you can still wait for the right time to get back your money depending on its price while lottery is not. You will only pay for a one in a million chance to win a large amount of money. And possibilities to win is very low.
Both are risky but I will still go with cryptocurrency. I play lotto before but never to expect any profit while with bitcoin or other coins, I just put money last week and you can expect to get profit in the next week. You don’t need to analyze well, simple mathematics can tell you cryptocurrency is way better.

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March 05, 2019, 01:03:35 PM
 #42

what the Cheesy, I think that anyone really knows and the lottery is a game of chance. Some people spend thousands of dollars to buy lotteries but he never gets any bonuses from it.
Investing in crypto will always be profitable provided you have knowledge of the transaction.

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March 05, 2019, 01:45:13 PM
 #43

what the Cheesy, I think that anyone really knows and the lottery is a game of chance. Some people spend thousands of dollars to buy lotteries but he never gets any bonuses from it.
Investing in crypto will always be profitable provided you have knowledge of the transaction.
For me its not even a game. Lottery for me is donation for charity, although there are people who won lottery but the chance of us individually winning is below a half percent cannot be consider as a game. Cryptocurrency has more probability of getting profit even not as high as you can "win" in lottery.

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March 05, 2019, 07:05:42 PM
 #44

Lottery is not even considered an investment. You try to drop the money you pay in lotto in a piggy bank everyday or depending on the number of times you play lotto in a week, in two years you will be having a not too big savings but at least you didn't lose. You then can use this money to invest in something if not in cryptocurrency.

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March 05, 2019, 07:12:02 PM
 #45

This is a great encouragement for people who are aiming to invest their money, crytpocurrency is a good place to take your chances as the current situations still on it's correction period, if you have plenty of time to study and make a good research you will be able to find big potentials for this industry to go big.

With those selections of big news which is expected to change the trend, it's wise to invest from this early stage of time.
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March 05, 2019, 11:20:58 PM
 #46

The comparison you have made is not actually equal as an opportunity. While the other is a form of a business, the other one describes about luck which only happens by chance and not by choice. Being rich is not a chance. It is something planned and worked where you have to give your all to achieve something and make your life better.

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March 05, 2019, 11:25:20 PM
 #47

The comparison you have made is not actually equal as an opportunity. While the other is a form of a business, the other one describes about luck which only happens by chance and not by choice. Being rich is not a chance. It is something planned and worked where you have to give your all to achieve something and make your life better.

The very reason why you don't need to compare the two. They are totally different in every aspect. But I would say, better invest your money in crypto rather than putting your bets in the lottery. But then again, it all depends on your call. It is your money so you will be the one to decide where you put it.
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March 05, 2019, 11:53:29 PM
 #48

A big difference is that crypto has a working product and has an existing use case. Crypto as a payment system / or to improve business (ETH) is a useful technology while Lotto (lottery) has no use case and is only Gambling. It's better to compare crypto gambling sites vs. Lotto.
People shouldn't see crypto just only as an investment to make money, it's also a very useful technology.

Smiley Smiley
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March 06, 2019, 12:05:42 AM
 #49


why the hell would you compare lotto to a crypto ? i mean both are verry different and doesnt have any similiarities at all  .  crypto is an online currency while lotto is a kind of game and can also be consider as a form of gambling  .  what you mean is the risk  ? well crypto isnt risky but it will be if you will use it as an asset or for investment use because the value can go up or down     .  while lotto is also risky because the chances of winning is verry slim  .
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March 06, 2019, 12:39:24 AM
 #50

If I choose to crypto vs. lotto, I'd prefer to stay in a cryptocurrency because I am always able to invest and earn at least a small amount. when lotto is not safe all the time and Im wasting my money, you just hope nothing, and for me, I'm focusing on a crypto where I earn really.
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March 06, 2019, 04:25:41 AM
Last edit: March 13, 2019, 05:28:07 PM by kaya11
 #51

The odds of winning a national lottery are virtually nil, something like 300m to 1 which makes it practically impossible. Rather than waste time on tickets, save and invest in crypto. Look at all the good things lined up:

ETF applications - One will inevitably succeed leading to a mega pump (just like when gold was added)
BAKKT - If an ETF is not approved, who cares as BAKKT will bring the financial institutions into crypto
Lightning network - for mainstream adoption
August 2019 - Litecoin halving
May 2020 - bitcoin halving (see historic charts for these huge halving pumps)

All coins are like 80% from the all time high, odds of getting rich from crypto is millions of times better than the lotto. Be smart and invest wisely Wink

Even if the odds are lesser like 100 is to 1 still I will not buy tickets from lottery. Somesay it is manipulated and for a better reason that it is forbidden for us to engage ( religion and culture). So it's a big no. Well for crypto it is still a doubt and all doubts for us are meant to be avoided but I have my own reasons that is why I am here, we all do , and the best thing is most of us  have a common goal and that is success in this kind of investment.

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March 06, 2019, 05:37:39 AM
 #52

why the hell would you compare lotto to a crypto ?
He isn't comparing crypto's to lotto but is giving advice to those people that are into lotto betting. He's advising that instead of putting their money into lotto tickets, it's better for them to save and invest to cryptocurrencies.

That's what he's emphasizing, although the title is misleading but if you're going to read the whole context and his point of view, you will understand that he's suggesting the best thing to do for those who keeps on buying lotto tickets.

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March 06, 2019, 06:21:01 AM
 #53

what the Cheesy, I think that anyone really knows and the lottery is a game of chance. Some people spend thousands of dollars to buy lotteries but he never gets any bonuses from it.
Investing in crypto will always be profitable provided you have knowledge of the transaction.
For me its not even a game. Lottery for me is donation for charity.

But thats not what majority of the people think. These people are just chasing for the grand prize and care less about the charity. Mostly gambling establishments were partnered with a percentage for charity purposes in every buy in or ticket purchase, before it is approved by the government and start to operate.
Well, anyway I buy lottery tickets sometimes, just to try my luck, and also made an investment in crypto space, so I think its a win win situation.
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March 06, 2019, 07:28:58 AM
 #54

crypto is something that you can search and invest in. they are based on an idea, a project. (Ofcourse most of them are scams but that is why you should search.) You can not compare it with any gambling activity.

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March 06, 2019, 11:52:50 AM
 #55

I dont do much physical gambling specially that lottery. It aint fun and like you said the odds are like .001 percent to win it.
I'd rather play poker and enjoy it or something like a scratch card which gives me a little joy than waiting for the number every night and just do it over and over again.

Yes investing it with crypto will be the best choice or rather trade it and also have some fun making a little profit.
Bitcoin will still be my pick for buying the saved funds.
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March 06, 2019, 12:11:03 PM
 #56

This is also a warning for those who like to invest in games of chance. I'm really quite allergic to some people who depend on luck to become rich. We should have a proper portfolio and have a clear analysis.
that's called the success of a life. Once again, the statistics table showed that investment with analysis will be very rich.

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March 06, 2019, 02:47:01 PM
 #57

Any Investment that you do wisely  is better than lottery.

The only way to have a better life for middle class is by Saving and investing.

Lottery chances are almost zero as you said, that's not an investment.
Even we have low chances in winning in lottery but once we hit the jackpot prize we will turn to instant millionaire or billionaire. I agree with you that a wise investment will be better in lottery unless you earn nothing in lottery.
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March 06, 2019, 02:55:05 PM
 #58

Any Investment that you do wisely  is better than lottery.

The only way to have a better life for middle class is by Saving and investing.

Lottery chances are almost zero as you said, that's not an investment.

If I am to make a choice between cryptocurrency and lotto and not to make more than one choice I would go with cryptocurrency ,this is because I see it as an investment and I might just have it in mind that I would be waiting for long longtime before getting a high return on my investment but then am sure of getting back my money with a high return but if I had excess money and I do not have any option of having to choose one, I would keep more with cryptocurrency and then try some out with lottery.

Lotto is the quickest and easiest way to make money. You just experience change of status in a blink of an eye. It’s a risk I would not mind taking at all. But in all honesty cryptocurrency is the safest and the best.
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March 06, 2019, 07:00:44 PM
 #59

Any Investment that you do wisely  is better than lottery.

The only way to have a better life for middle class is by Saving and investing.

Lottery chances are almost zero as you said, that's not an investment.

If I am to make a choice between cryptocurrency and lotto and not to make more than one choice I would go with cryptocurrency ,this is because I see it as an investment and I might just have it in mind that I would be waiting for long longtime before getting a high return on my investment but then am sure of getting back my money with a high return but if I had excess money and I do not have any option of having to choose one, I would keep more with cryptocurrency and then try some out with lottery.

Lotto is the quickest and easiest way to make money. You just experience change of status in a blink of an eye. It’s a risk I would not mind taking at all. But in all honesty cryptocurrency is the safest and the best.
Both lotto and crypto are different levels of making money as a means of investment, just that for one you are sure your money will definitely come back and even come back higher and that’s cryptocurrency while for the other you are not 100 getting your money back but if luck shines on you, you will be having it back immediately and definitely higher.

I don’t think we should be comparing both because those who do lotto go in with the mindset of either loosing or winning and that is not the same with cryptocurrency. I wouldn’t advice against any either because they are both raising millionaires and billionaires on a daily basis.

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March 06, 2019, 09:06:46 PM
 #60

The difference is clear, lotto is gambling and  it is either a loss or win, the cryptocurrency platform is not but a technology driven digital currency in which encryption techniques are used, CRYPTO is a revolutional sector, taking over the forex and IPO world.
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