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Author Topic: Do You think ICO Investing Is Worse Than Online Gambling  (Read 4149 times)
pedpedped101
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September 08, 2019, 08:50:28 PM
 #61

Online gamblings that have been integrated on the blockchain are gradually becoming popular. Coming across gambling programs that are licensed have given investors more confidence. Some seem to be have been registered in the country where is operating from, which makes it legit. ICOs most times do not have such backup.
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September 08, 2019, 09:16:33 PM
 #62

I will not equate both but however, looks like online gambling is fair as compared to ICO investing. In ICO investing, you are certainly at the mercy of the developers, some will scam, some will make excuses not to list, some will even list and the price will dump miserably; only few have proved to worth it and when found pays well. While in online gambling, you are in control thus if you are good gambler, you might win and vice versa.

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September 08, 2019, 09:41:27 PM
 #63

Considering the two, as in investing in an ICO and gambling, both demands use of money to invest and both can drain you off your lifetime investment but one thing which stands tall among it all is when you invest in proper ICOs. Investing in proper ICOs is a sure must to gain even if it takes 7months but with gambling, you can lose everything in a matter of seconds. Proper ICO investing is never worse than online gambling.

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September 08, 2019, 09:58:29 PM
 #64

Not quite the right comparison. Gambling is pure luck. There are no strategies, everything is built on whether you are lucky or not. ICO is different. Of course this is also a lottery, in a sense, but here you can apply your knowledge and among the many projects to choose the most promising.

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September 08, 2019, 10:02:22 PM
 #65

This can be seen in different ways, if you approach an investor who has been scammed severally by fraudulent ICOs or ICOs which didn't return any value, he will say it is worst than Online gambling. On the other hand, if you meet a gambler who has lost huge he will say it's gambling. In my own opinion, ICO investing comes with huge risks with little chance of success while being exposed to different treatments from the team while online gambling, although filled with its risk but you will actually have a say over your funds thus every loss or win is based on you.

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September 08, 2019, 10:11:33 PM
 #66

Not. however ICO investing I feel is better, with a note of in-depth analysis. If you don't do the analysis, it's the same as gambling that only relies on luck, right? This also depends on the principle of each, although gambling may be more promising, there are certain limitations on the principle of each person who makes it a limit for not gambling.

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September 08, 2019, 10:15:58 PM
 #67

You can still control your asset on ICO to avoid a loose capital but in gamble the risk how much money you used to gamble. If you lose doing a gamble your money will be gone, its really different with ICO/IEO went we will still have the asset but only losing the value. Also, gambling using your own psychology & mentality you can get a gambling problem if you lose because you want to recover the lose by doing another gambling.

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September 08, 2019, 11:41:44 PM
 #68

Both are the same, there is no guarantee to win or earn money. It should depend on how you do it, I mean about your strategy and experience.
If you are an experienced crypto investor, you must know how to gain profits from ICOs. And for now, I think experienced crypto investors will prefer to choose IEOs. Regarding online gambling, only experienced gamblers know well how to win. Don't think all people can win easily as you said.

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September 08, 2019, 11:50:02 PM
 #69

Taking into account the nature of ICOs I can say both look likely the same; in ICO you don't know what will become of the project as there will be a good public sale success and the team will come up with baseless reasons not to list, exit scam or use the working on our product reason to delay listing. To make it worst, they might even list in an exchange not worth it, which in all cases leaves investors with little or no gain. This is sadly the nature of majority of ICOs with few being the good ones now makes it look like gambling. On the other hand, in online gambling there is no sure way to success other than trying your luck. Thus my reason for saying both look alike.

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September 09, 2019, 07:59:20 AM
 #70

Of course not. Investing in ICO or IEO is required some calculation for your profit.
Gambling not requiring calculation, only prediction and some speculations.
We are responsible for our own money, so we must careful when we using it.

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September 09, 2019, 08:50:20 AM
 #71

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

I think it is now because 90% of investors are losing or even more, there's no project worth investing that will yield good profit in the long run if you look at the stat, new coins coming from ICO is always down 50 to 90% of it's ICO price, and you have waited months to see the results of your investment, compared to gambling you can see it right away.

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September 09, 2019, 09:02:06 AM
 #72

I am prefer to investing in ICO rather than online gambling. Both of is have a big risk but i think investing in ICO is more profitable, though its difficult to find good ICO. Now is the time for IEO with the system better than ICO.

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September 09, 2019, 09:13:15 AM
 #73

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
IMHO investing in ICO,IEO is just like a gambling session thats why i think it was the same, the risk are still there so nothing is much worser in both ICO investing or Online Gambling cryptocurrency volatility is high and it should be seriously considered before making any action such as investing just spent a little time to familiarize the field you want to ventured wethere its ICO investing or Online Gambling.
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September 09, 2019, 09:35:40 AM
 #74

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
IMHO investing in ICO,IEO is just like a gambling session thats why i think it was the same, the risk are still there so nothing is much worser in both ICO investing or Online Gambling cryptocurrency volatility is high and it should be seriously considered before making any action such as investing just spent a little time to familiarize the field you want to ventured wethere its ICO investing or Online Gambling.

Basically, all investments in the cryptocurrency market are speculations, including in ICO or tokens that are already in the market. There is no guarantee that every investment in the crypto market will be profitable.

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September 09, 2019, 09:53:33 AM
 #75

This is approximately the same thing at this stage in the development of the cryptocurrency market, but in the future, as the market develops, everything will become different, because no one can compare the stock exchange with a gambling, in a game of chance and especially on the Internet it is very difficult to win because it plays against you a computer that is configured so that in any case, by expected expectation you will be in the red, but of course this is not counting poker)
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September 09, 2019, 09:59:37 PM
 #76

Investing in ICO's and online gambling both pose risk or are risk taken events. Both can end you up without nothing in your portfolio but the difference here is that, whiles you can't get your money back in online gambling once you lose, you can really get something meaningful only if you invest in proper ICO's. Though you have to wait for months with ICO's to make profit, online gambling is instant and personally, it is worse involving in online gambling than investing in ICO's.

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September 09, 2019, 10:08:03 PM
Last edit: September 10, 2019, 01:13:37 AM by PuertoLibre
 #77

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
IMHO investing in ICO,IEO is just like a gambling session thats why i think it was the same, the risk are still there so nothing is much worser in both ICO investing or Online Gambling cryptocurrency volatility is high and it should be seriously considered before making any action such as investing just spent a little time to familiarize the field you want to ventured wethere its ICO investing or Online Gambling.

Basically, all investments in the cryptocurrency market are speculations, including in ICO or tokens that are already in the market. There is no guarantee that every investment in the crypto market will be profitable.
That is the reason the arguments mentioned by the OP is not based on the true opinion, it is all speculation which is the root of all evil. No one is able to guarantee the profit in the speculative financial markets, but investors don't give up while they look for the guaranteed long term opportunities in the crypto market. The ICO years were the ba days of the crypto investing but the sitatuions is now better for more investors.
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September 09, 2019, 11:00:31 PM
 #78

in my opinion no, ICO is far better than online gambling. because online gambling makes me continue to want to play and I often lose this. my money ran out because of online gambling compared to ICO.
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September 09, 2019, 11:47:53 PM
 #79

in my opinion no, ICO is far better than online gambling. because online gambling makes me continue to want to play and I often lose this. my money ran out because of online gambling compared to ICO.

Agree, I think ICO is better than gambling though, many people think that gambling can benefit up to hundreds of percent a day but of course it is also very risky because it can be lost in a day, as long as we can choose a good ICO then we can get big profits.


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September 09, 2019, 11:50:14 PM
 #80

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.

Well, control of funds is one area of advantage in gambling. You can have a change of mind and then withdraw your money and head home unlike ICO managers that might block you off from Telegram chat. But also I think that ICO has some advantages too which is tantamount to the effort put into research by the investor  to find a reputable team, better Tokenomics, quality products and extraordinary package which will make the ICO worthwhile in yeilding returns on investment

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