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Author Topic: Do You think ICO Investing Is Worse Than Online Gambling  (Read 4149 times)
Rampagoe004
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August 30, 2019, 05:36:17 PM
 #21

‌If we see in personality both of them have unhealthy risks, playing in gambling may not necessarily lead us to a definite relationship, after you lose patience all money will run out, playing ico also has a risk when a project does not go as planned in platform, it's better before you think first, don't make you regret it

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August 30, 2019, 10:36:04 PM
 #22

Investing in ICO can't be worse than online gambling because investing in ICO is online gambling.

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August 30, 2019, 10:41:30 PM
 #23

no, we cannot say it is gambling because I know many people who invested in an ICOs has earned huge profits see who is behind the project and invest in it.
Its also a gamble but on a lower risk if you are putting the money on a good ICO. Gamblin is also a not guaranteed profit so the risk are still there. If you are looking for a ICO you should be care because most of them are just a scam so its good to have time reading and making your research about that project before you invest.

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August 30, 2019, 11:40:56 PM
 #24

In the format you described, this is pure gambling, and nothing else. But we all know that such a method is no longer popular due to the reasons you described above.
But the IEO that has come to replace the ICO method is quite fine, because there is almost no waiting.
What is the point of investing in the old is not a reliable method of investing when there is an advanced one.

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August 30, 2019, 11:45:33 PM
 #25

Both are having the same risk but ico is much better to consider if this time there is a validator for such ico just like exchange site who act to identify the ico and then listed the trusted ico on its exchange site but gambling has the more risk compared with it with the possibility to lost money with a few seconds.
But ICO or IEO can be considered as a way of gambling too consider we are betting on the future of the price from the token.

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August 30, 2019, 11:52:59 PM
 #26

OP, you answered your own question.
Not because I am wearing a Gambling signature but truth be told, ICO this days is not but day light scamming.
After 4-5 months of ICO completions there are high chances of most developers dumping the coin and investors losing.
Though, both gambling and ICO are both risky but at least you get to control some aspect of gambling unlike ICO where you have to plead with the developers to do something positive to promote the tokens.
However, if you are lucky to find a good ICO with an ideal project, the reward can be good at the long run.
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August 31, 2019, 04:36:26 AM
 #27

I prefer to invest in gambling than to invest in the ICO today because it is very difficult for every ICO to keep survive in the bloody market like today. While we have a chance to lose money in gambling and in the ICO, I think if we can use the money for the investment in the gambling, we have a chance to get some nice money in some period. But OP, you cannot compare investing in gambling with the ICO because it's not the same and we have different passion for investing in both gambling and ICO.

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August 31, 2019, 04:57:46 AM
 #28

In the format you described, this is pure gambling, and nothing else. But we all know that such a method is no longer popular due to the reasons you described above.
But the IEO that has come to replace the ICO method is quite fine, because there is almost no waiting.
What is the point of investing in the old is not a reliable method of investing when there is an advanced one.
ICO has a very big difference with IEO. rather than that, of course, people will choose IEO. it's just that, when compared to gambling, it's a pretty tough choice. well, ICO also does not guarantee to provide a large profit at this time, as well as gambling. it's just that, based on the current situation, maybe most people will use their own funds to make a profit, and in other words, more people choose online gambling until an ICO project that really promises appears.

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August 31, 2019, 05:18:13 AM
 #29

Do You think ICO Investing Is Worse Than Online Gambling? what do you think
On ICO investing you will have to wait for several months like 3 to 10 months before the ICO is finished and you'll wait to 2 to 3 months more to get the coin in the market and there's no guaranty that you will make a profit, majority of the coins coming from ICO are down 50 to 90% and that was over a year of waiting.

on online gambling, if you play your cards right like when you have control on when to stopped and you have built a strategy, you can win over and over again and you can withdraw your gains immediately
Could be worst than gambling, Lol. I mean in gambling, we will already know if you won or loss. But in ICO game, it's very different, as you have describe it takes months and months of waiting before you can finally know your fate. At least in online gambling, you will have a good night sleep knowing that you already lost your money that you can afford.

As compare to ICO, wherein you are giving false hope by the people behind the project and you get too excited about it. But when the time comes, damn, you get disappointed because the supposedly profit are nothing, not even close to their ICO price prior to listing.
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August 31, 2019, 05:28:03 AM
 #30

Do You think ICO Investing Is Worse Than Online Gambling? what do you think
On ICO investing you will have to wait for several months like 3 to 10 months before the ICO is finished and you'll wait to 2 to 3 months more to get the coin in the market and there's no guaranty that you will make a profit, majority of the coins coming from ICO are down 50 to 90% and that was over a year of waiting.

on online gambling, if you play your cards right like when you have control on when to stopped and you have built a strategy, you can win over and over again and you can withdraw your gains immediately

because i'am not a gambler, i think ICO still better than online gambling mate
if we can find a good ICO project to invest, we can get a good profit too,, but remember patience is the key
anyway better to be a trader rather than gambler my friend  Wink

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August 31, 2019, 05:42:17 AM
 #31

Some other people or investor really says that gambling has a little bit good opportunity or better than entering ico for investment. As they experienced huge lost on what they invested and participated in an ico project, in that case they rather want to enter into online gambling game than investing on an ico because they may have the chance to win on an online gambling game.
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August 31, 2019, 07:24:29 AM
 #32

Yes, because ICO project can cheat their investors that you won't expect to happen.  I have heard many times where the most hyped ICO projects are where there are many families invested first so they can dump a lot of tokens when it get started to list. It's just not some families or relatives but sometimes it is VC who had the many tokens supply at a very low rate than the ICO, private sale or seed price.
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August 31, 2019, 07:31:37 AM
 #33

Investing in ICO/IEO is a whole different ball game compared to online gambling. The main difference being the people who put their money being divided into two different classes namely "investors" and "gamblers" respectively.
The only problem with the former is that it requires patience and perseverance to make money and is aimed at a longer period to earn profit while with the latter, it takes just a few minutes and some lucky to get hefty rich real quick.
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August 31, 2019, 07:32:29 AM
 #34

We can say that ICO investing is worse than online gambling if you really not know how to use ICO. Because if you are clearly understand about using and investing ICO you have a very good opportunity to earn and free from loss. Unlike in online gambling as long as you know how to play game you can play and earn but the fact is even you have enough knowledge about gambling you have also possibility to loss.
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August 31, 2019, 01:09:21 PM
 #35

no, we cannot say it is gambling because I know many people who invested in an ICOs has earned huge profits see who is behind the project and invest in it.

Really? So if I said I also know many people who earned huge profits behind gambling and casinos, then that's not gambling?

I do agree, investing is not pure gambling but you have to admit there is a big element of luck involved as well as timing, neither of which can be controlled or predicted very well.

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August 31, 2019, 01:13:19 PM
 #36

no, we cannot say it is gambling because I know many people who invested in an ICOs has earned huge profits see who is behind the project and invest in it.

Really? So if I said I also know many people who earned huge profits behind gambling and casinos, then that's not gambling?

I do agree, investing is not pure gambling but you have to admit there is a big element of luck involved as well as timing, neither of which can be controlled or predicted very well.

Well, personally speaking, investment is not gambling because before we are investing our money we did our own research and make a commitment based on the fact we gathered. while gambling itself is all about win or lose, but investment sometimes is all about development and discovery.
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September 05, 2019, 10:55:49 PM
 #37

At least when you gamble, you have the control all over your money whether you have deposited it to the casino where you play. While in ICO, when it's already on the developers it would be hard for you to refund it.
In casino, you can withdraw whenever you want.

That's true you can stop anytime, or go slow anytime and wait for your lucky turn, but when you deposited it to an ICO it's going to be a long wait and you will develop anxiety, not knowing if your investment has a chance to yield or not, there is always the fear that the ICO developers will run away, while gambling sites have longevity.
You have the option to stop or let your money lose unlike in ICO, once you have invested in the wrong project. The chance that you can recover your money is very low.
But the days of ICO are now long gone and there will be few of them that will survive but the whole industry has been made with a bad impression.

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Japinat
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September 05, 2019, 11:31:43 PM
 #38

no, we cannot say it is gambling because I know many people who invested in an ICOs has earned huge profits see who is behind the project and invest in it.

Really? So if I said I also know many people who earned huge profits behind gambling and casinos, then that's not gambling?

I do agree, investing is not pure gambling but you have to admit there is a big element of luck involved as well as timing, neither of which can be controlled or predicted very well.

Well, personally speaking, investment is not gambling because before we are investing our money we did our own research and make a commitment based on the fact we gathered. while gambling itself is all about win or lose, but investment sometimes is all about development and discovery.

But we also win or lose in investing, we considered it a loss when the coins we invested is a scam one or the project will go scam in the long run.
When it become scam, there's no chance for us to recover our money even if we hold the useless coins.

The only question here is, is investing in ICO is worse than gambling?
Actually it's a wrong question because in the first place gambling is not worse, it's a great activity that could give entertainment and could make us profitable at the same time, when we don't have skills in gambling, we don't attempt to consider having a journey in making money on it, but once we are in crypto, we are not looking for fun, we are looking for potential project to invest.

Both are good actually if we will be able to manage plans properly.

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SistaFista
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September 06, 2019, 06:32:22 AM
 #39

If we investing on scam cryptocurrency project then yes, it will be worse than gambling.
In gambling, you have a chance to win some profit but the chance is 0% to get profit in investing scam ICO.
We can get the conclusion that we need to know the legitimacy of the ICO before investing.

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gunhell16
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September 06, 2019, 07:10:28 AM
 #40

online or real-time gambling is not good, as it is just a matter of luck.
Remember that no one will ever build a casino if there is a chance to lose money on their side.

About investing, it is much better as it is our knowledge and brain to work before investing.

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