Crypto Vs Lotto

[harizen]

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)

In the first place, the comparison doesn't make sense. It's out of the context.

Anyways, pointers given at the introductory page should be noted by some people here.

Just take note that those are "references and shouldn't be the actual reason" why people must put money on crypto. Cryptos are volatile. Even how positive the future is for crypto, learn to understand the risks and keep in mind there is no such thing as easy profit here.

[Finestream]

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.

I agree.Cryptocurrency investment has gained more trust and security from people when it comes to gaining profits unlike lottery which is purely based on your own luck.But honestly,i also give myself a chance to go on lottery but unfortunately i wasn't that lucky.So i prefer to focus on cryptocurrency which is giving me good profits too far from lottery.

[mich]

Any type of investment (crypto or not) is better then playing the lottery.
There is a reason why the lottery can prize so much its that there are more losers then winners.
Europe's largest jackpot was in 2006 for €183.5m cash.
Largest ever jackpot was in 2016 for $1.5 billion.
That is a lot of losers to have to contribute to such big pots!

[South Park]

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.

And yet very few people save and invest, I can understand that a young person does not save much since he gets paid very little and he has not developed enough control over himself to not buy useless stuff, but it is as if they never mature and they keep repeating the same mistakes again and again, in fact most people that I know are deeply in debt, they may have material possessions but they owe everything to the bank and there is not guarantee they will ever pay their debts.

[Hamphser]

Any type of investment (crypto or not) is better then playing the lottery.
There is a reason why the lottery can prize so much its that there are more losers then winners.
Europe's largest jackpot was in 2006 for €183.5m cash.
Largest ever jackpot was in 2016 for $1.5 billion.
That is a lot of losers to have to contribute to such big pots!

Its the difference actually on both things when it comes to lottery and other gambling games.Pot is big but same as you said there would be thousands of lossers
just giving the lifetime opportunity for a single person.For crypto investment we don't know the odds but its surely higher than on playing lotto alone.

[redsun114]

I have never played lotto before and I’m not going to say that those who are into it are stupid, it is their choice , though I would still say it is bad. There are much better things one can do apart from playing Lotto and investing in bitcoin is far much better than lotto. I can’t take such risk, Bitcoin is very much better than lotto in every corner.

Chances of return on investment are better / more. if we invest after properly studying the instrument and market conditions; the chance to loose the invested money are very low. 
But chances of higher return are possible in lottery (though winning percentage is very very low)  most of the people have to loss the amount of money spent in buying a ticket.

LoL, you can play lotto all your life without winning anything. But, if you study cryptocurrency and you’re able to tell if there is going to be a bull run, you can invest and hodl till when the price increases. And by the way, you don’t just invest in cryptocurrency, you can trade it daily to make profits. Lotto is pretty bad, but everyone still have different choices.

[peter0425]

Lol, how dare you compare crypto investment vs Lotto. The odds are stack up against you in a lottery as compare to crypto wherein you can mitigate the risk yourself. That is if you do your own diligence and invest on coins that has a potential to have a good returns like bitcoin. Heck even shitcoins you can earn huge money if you invested on time and get out before it goes down. Unlike when you 'invest' in lotto wherein the only way you gonna win is when you get lucky.

[STT]

Lottery is a voluntary tax in effect, you may win its not false but its certain that the certain proceeds are driven to government.   Crypto could represent emerging markets, new technology utilised to create business but also its represents great risk.   However there is no certain benefactor to crypto, the money is not taxed and the price fluctuates with risk perception and appetite. 

In short, crypto is a natural market good and bad but lottery is a cold deal and its best point in favour would be no real time or thought required to take part.   I much prefer the crypto route and I believe the odds over years are much better

[Tamilson]

We can't change the fact that lottery is more popular than bitcoin and so people that don't know what bitcoin is will just keep their eye to win on the lottery's jackpot. If they just know that they're wasting their money on a less than 1% of chances of winning. Statistics says, that there is more higher chances of getting struck by thunder than hitting the jackpot.

I wonder how much now is their money if they invest it on bitcoin.

[virasog]

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

Its strange that you are comparing Lotto with Crypto 
Crypto is the future and those who are investing in crypto now  will surely be the millionaire for future. Lotto is only a luck base game and there is only 1% chances that anyone can win in lotto.

[Mymikagab]

I'm palying the lotto before i've discovered the crypto, I've also spent too much money on this and I have not got any money back lotto is legit case just lucky if you win.I can say that it's better to invest in bitcoin, ethereum here it can grow and spin the investment. So crypto is better than lotto. To be honest since the crypto came in my life i had hope in life, because in fact my life was really poor before, I was full time house wife who would help my family especially my children luck just come in, when it was in the lotto i was not blessed but in crypto was very helpful to me

[marcelocoin]

with all the certainty, to invest in crypto to be better than lottery, only the technology bitcoin has already helped many people, I believe that 2020 will be a very hectic year!

[freedomgo]

Its strange that you are comparing Lotto with Crypto 
Crypto is the future and those who are investing in crypto now  will surely be the millionaire for future. Lotto is only a luck base game and there is only 1% chances that anyone can win in lotto.

You are correct, crypto is not a game of luck, it's a game of betting on the future of crypto based on its potential.
Lotto give better win but not for everyone since we all know of the million bettors only few are lucky, but crypto gives us the opportunity now based on what we think it will achieve in the future, it gives us the information where we can analyze unlike in lotto where it's just a random no. generated by the system.

[ethereumhunter]

Its strange that you are comparing Lotto with Crypto 
Crypto is the future and those who are investing in crypto now  will surely be the millionaire for future. Lotto is only a luck base game and there is only 1% chances that anyone can win in lotto.

You are correct, crypto is not a game of luck, it's a game of betting on the future of crypto based on its potential.
Lotto give better win but not for everyone since we all know of the million bettors only few are lucky, but crypto gives us the opportunity now based on what we think it will achieve in the future, it gives us the information where we can analyze unlike in lotto where it's just a random no. generated by the system.

Maybe he needs enlightenment from us so he can know the differences between crypto and lotto

But somehow, I agree with the OP that saying save and invest in crypto because we know that soon the market will change and the bear market will leave and when the bull market comes, we are ready to make the profit again.

[horrifiedx1]

with all the certainty, to invest in crypto to be better than lottery, only the technology bitcoin has already helped many people, I believe that 2020 will be a very hectic year!

Hopefully this will happen, 2020 will only stay next year, even though in 2018 bearised trends occur throughout the year, but in 2019, crypto has begun to show resistance, so that it is expected that 2020 will be better

[Coyster]

Lottery is just a thing of total luck, no form of thinking,strategy or whatever, it's just about buying the tickets and praying to mother luck for a favor, which sadly never comes.
Definitely crypto trading is much better and more efficient that it, there is no comparison between the both of them.
I think the only reason why someone will forfeit crypto trading for lotto is simply because the individual can't handle the demands inherent here, and is seeking an easier(though impossible)way out

[BitcoinTurk]

Even the most guaranteed investment can be likened to gambling because it always carries a low risk. I think the analogy you're doing isn't right because even the most risky investment in all markets is definitely not the same as gambling or lotto. Although the chance factor is important in the investments made, it will certainly be perceived as an analogy of error and simple amateurism. You also have the risk of losing all the money with lotto, but it is not possible for this market at the moment. Yes, there is the possibility of losing a significant amount of money, but there is no possibility of losing all the money.

[smyslov]

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

I totally agree but people should not be too hurry to invest in cryptocurrency because there is also a risk involved here and only invest what you can afford, sure their a huge profit to be made here but do not just invest in any coin do a research and ask experts there are still a lot of traps in cryptocurrency investing.

[crwth]

Cryptocurrencies vs. Lotto is not great to compare, knowing that it has a different outlook on it and it's based on different things. Yes, both have money involved. One is High risk, High reward, and the other is low risk, super low reward. I think you know which goes to which.

Reading on some of the things you included, I think you are shilling towards BAKKT. I have searched it here, and the link is https://blockonomi.com/what-is-bakkt/

I think everyone wants to have mainstream adoption because it would be the ones going up the market, and knowing cryptocurrencies, it could likely to happen, but the thing is, does it bring the necessary features that others can't, or should I say, Bitcoin can't? I think Bitcoin would still be here to stay and investing in it would be a good thing. If you want your money to be put to good use, don't buy a lotto ticket, in the end, you won't be able to recover unless you are that minuscule chance that wins it.


I remembered something when I read the "BAKKT" part on your post.

It's like one of the surnames of one of the leading roles in the series Sense 8

[Ranly123]

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

How certain are you about August 2019 and May 2020? Yes it's better to invest in cryptocurrency than to bet on lotto draws. But it's too unrealistic to predict what's going to happen next about crypto.