TelolettOm
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April 04, 2021, 12:34:43 AM |
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They are just two different thing but very similar. investment is a means to earn from your keeping why the so called gambling doesn't but wen appropriately done and win then you will earn reward. Investment isn't gambling and gambling won't be like investment, except when the operators tend to be illegal about the two.
People who say that investing can use multiplication are wrong. only the bookie can benefit in gambling and the users when they are able to apply this will surely lose by fighting their emotions. So what is clear is that there is a fundamental difference between gambling and investing. people who are addicted to gambling find it difficult to get out of this vicious circle. because surely they think how to return their lost capital
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Darker45
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April 04, 2021, 12:43:11 AM |
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In the broad sense of the word, both are gambling. There's not much difference between the two. It's just that there are various interpretations of the word, various contexts on which gambling could be construed differently.
Gambling could refer to placing bets on a game of chance or on a sports team as much as it could refer to taking a risk making a bid order in a stock market or on a crypto exchange platform. However, most of the time gambling in the sense of the former is more on merely having fun and taking blind chances while the latter is oftentimes understood as a serious undertaking which involves a lot of informed analysis.
At the end of the day, I don't think one should be made illegal while the other legal. But both should be highly regulated.
It is all one big absurdity. The more things regulated the better for the authorities and the worse for the rest. That is what it is all about: uncertainty and doubt. It is not the free market that decides, but someone behind a desk Regulation, to a certain extent, is necessary. Imagine a completely regulation-free environment. That is one bigger absurdity. You wouldn't want it for sure. Of course, regulation has to be moderated, kept within reasonable bounds, feedback-driven, and so forth. But when it comes to uncertainty and doubt, those are severe in a market which has no regulation whatsoever. Freedom is sweet. But try absolute freedom. It kills. What is the definition of absolute freedom according to you? Everything is possible but not everything is beneficial. Everyone has a conscience and the right attitude to be good. When you are born you know immediately what is good and what is not unless someone distorts this image. You don't need any regulations for that. It is one thing to punish evil and another to regulate it. In the most simple terms, absolute freedom means you can do anything you want, without limit, and without any constraint. That sounds sweet but dreadful. Forget about beneficial; that's subjective. Forget about right attitude and conscience. Forget about good and evil. Those are meaningless concepts in a place where every single person is absolutely free. I'm not so sure about you being born knowing what is good and what is not. What I'm sure of is that the rest of the human beings were born tabula rasa. My friend, in a human society, regulations are not exclusive for evil things. Everything is regulated.
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cabron
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April 04, 2021, 02:15:51 AM |
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Thats complicated...many peoples think that investment and gambling are the same and i think the idea is not totally right...in the wining situation for example when you make a bet at 2 ods your asset will be doubled once the bet get settled but investment can have some other situations...in the losing case bettors will dont have any chance to recover their money but investors maybe will recover and make huge profits by holding their investment
Investment and gambling are two worlds separated by a fine line of skill. Investment deals with the speculation of a stock/cryptocurrency in which its price may increase in the near future. On the other hand, gambling generally involves more of a short-term situation where you bet your resources hoping that the odds may be in your favour. While luck may seem to be involved in both, the technical analysis is more present in investing. It seems to me that you are confusing investment with trading, traders are the ones that speculate with the price of an asset on the short term, investors do not really speculate, they look at the fundamentals of an asset and then they try to project to the future whether or not that asset is going to be more valuable in the future and if they think that is the case then they put their money in that asset, this is precisely what is happening now with institutional investors coming to bitcoin at the moment That is a clear line between the two. There is no question whether this is a futures contract of sport betting because it's still considered gambling while investing is simply putting funds as investment and then wait to collect profit in the future. This futures contract for sports betting is quite a way to make people indulge in sports gambling. Because they are talking about futures then there is a chance to make good money with small bets right?
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Wexnident
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April 04, 2021, 05:39:23 AM |
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What is the definition of absolute freedom according to you? Everything is possible but not everything is beneficial. Everyone has a conscience and the right attitude to be good. When you are born you know immediately what is good and what is not unless someone distorts this image. You don't need any regulations for that. It is one thing to punish evil and another to regulate it.
In the most simple terms, absolute freedom means you can do anything you want, without limit, and without any constraint. That sounds sweet but dreadful. Forget about beneficial; that's subjective. Forget about right attitude and conscience. Forget about good and evil. Those are meaningless concepts in a place where every single person is absolutely free. I'm not so sure about you being born knowing what is good and what is not. What I'm sure of is that the rest of the human beings were born tabula rasa. My friend, in a human society, regulations are not exclusive for evil things. Everything is regulated. I'd have to agree with Darker here, you were born as a clean slate, and any preconception of good and evil that you would have all came from whoever taught you. Killing people? From an absolute freedom perspective, there's nothing wrong, nor nothing right there. This would be the result of what you said earlier, "more regulated = better for authorities but worse for the rest". Even the way the "conscience" is defined should be biased by something one way or another. Regulation is needed to control that "absolute freedom" since it isn't necessarily something good. In the end, the freedom most people seek is just something that is advantageous to them, not the "freedom" of being free itself. It's like skewing the idea of winners in investments not sharing their strategies with others to they "should". It seems to me that you are confusing investment with trading, traders are the ones that speculate with the price of an asset on the short term, investors do not really speculate, they look at the fundamentals of an asset and then they try to project to the future whether or not that asset is going to be more valuable in the future and if they think that is the case then they put their money in that asset, this is precisely what is happening now with institutional investors coming to bitcoin at the moment
They're the same, both are involved in speculation, just that the time frame that the both of them look at is different.
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Mauser
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April 04, 2021, 07:51:37 AM |
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They are just two different thing but very similar. investment is a means to earn from your keeping why the so called gambling doesn't but wen appropriately done and win then you will earn reward. Investment isn't gambling and gambling won't be like investment, except when the operators tend to be illegal about the two.
People who say that investing can use multiplication are wrong. only the bookie can benefit in gambling and the users when they are able to apply this will surely lose by fighting their emotions. So what is clear is that there is a fundamental difference between gambling and investing. people who are addicted to gambling find it difficult to get out of this vicious circle. because surely they think how to return their lost capital I agree with you, but people can get addicted to gambling as well as investing. I remember my grandfather back in the day talking about his stock trading times, he lost a lot of money in one stock and every subsequent trade was just to make the money back he lost in worst trade. He couldn't sell the stock, forget it and just move on. Everytime he looked at his statements he saw the big red of his worst trade. With hindsight now I would say he was definitely addicted to trading stocks, checking the news paper every morning and talking a lot about potential trades. So while betting is against the bookmaker and if we lose, he is winning, it isn't too different from investing. Here we just gamble against a lot of other people who will profit if we lose.
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Twentyonepaylots
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April 04, 2021, 11:42:28 PM |
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In the broad sense of the word, both are gambling. There's not much difference between the two. It's just that there are various interpretations of the word, various contexts on which gambling could be construed differently.
Gambling could refer to placing bets on a game of chance or on a sports team as much as it could refer to taking a risk making a bid order in a stock market or on a crypto exchange platform. However, most of the time gambling in the sense of the former is more on merely having fun and taking blind chances while the latter is oftentimes understood as a serious undertaking which involves a lot of informed analysis.
At the end of the day, I don't think one should be made illegal while the other legal. But both should be highly regulated.
Totally agree. For me, both are two sides of the same coin, offering both huge profits and considerable or even at times devastating losses as well. One requires great decision making and timing more than self-control and emotional thinking, while it's the other way around for the other. It's basically pick your poison when it comes to these two.
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Lorence.xD
Sr. Member
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April 05, 2021, 02:41:42 AM |
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only the bookie can benefit in gambling and the users when they are able to apply this will surely lose by fighting their emotions. So what is clear is that there is a fundamental difference between gambling and investing. people who are addicted to gambling find it difficult to get out of this vicious circle. because surely they think how to return their lost capital
That is why gambling is a really good business because no matter what day it is as long as there is a steady influx of gamblers, you will still profit because the house always wins. By the way, what is the fundamental difference that you are talking about? I agree that getting out of your addiction is difficult, I have been there and let me tell you that the only way to stop the cycle is to do it yourself with or without the external help of intervention, you are the only one who can end the cycle.
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bitzizzix
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April 05, 2021, 03:11:35 AM |
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Financial freedom and achievable success require a process, and not a shortcut or an instant. enjoying every process that has been passed will give a sense of pride for the results of his hard work. Therefore investing that is based on analysis and methods that are measurable and can be calculated profits and losses, it is better to avoid gambling because gambling causes more losses. and investing means investing money or capital in a company or project or crypto for the purpose of making a profit, and gambling is a game that uses money or coins as a bet, and will result in an addiction that is hard to avoid. Investing and gambling has many different activities and so on, and investing is much better than gambling which carries a greater risk and investing is very safe if done in the long term.
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peter0425
Sr. Member
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April 05, 2021, 03:41:49 AM |
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So we are never winning because we still carried the losses from the past unless we can hit the jackpot, which I do not think will be easy to do. Many people are trying to playing gambling with money, but that only gives your money without winning.
Hitting a jackpot comes only One in a Billion chance mate meaning this cannot be for many times. Meaning totality is we are loser and the banker will always Win. Besides, it happens one in a billion chance, which will come to one in a billion people who have big luck at that moment. That shows us playing gambling will not benefit most people who want to make money from gambling. But if in the investment, you will see the profit come to you in the future, although the price now is down, the chance for the price to increase will still be bigger. So you can choose what you want to do ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Well it is not constantly gaining because In the former YoloDice in which i followed to investors , the first one lost while the other one gains because of the Huge increase in Bitcoin but if not?sure he will lose as well. I think some investors in YoloDice really profit from the investment in that site, but they do not tell who they are, so we do not have references for them except people who share their story in this forum. Yeah there are some I'm sure but there are also who does not, But 1 thing for sure that the Owner etha-x is the winner ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But yet I don't really advised People to invest in gambling site nowadays , Instead of investing they should have Just Play with it.
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Smartprofit
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April 05, 2021, 06:33:25 AM |
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In my opinion, investing in altcoins can be compared to gambling.
Let's say a bullish round begins in the alt market. There are a huge number of different alternative cryptocurrencies.
How to determine which of the coins will increase significantly in value? The investor does not know this.
He must guess, counting on a win, and this is essentially gambling. Gambling is based on a mathematical system. Investing in shitcoin is not based on a mathematical system that artificially limits the player's ability to win.
However, there are so many shitcoins, their price is so unpredictable that the investor actually becomes a gambler.
He is forced to engage in single combat with chaos and luck in order to make a profit.
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Ziskinberg
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April 05, 2021, 08:20:38 AM |
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In my opinion, investing in altcoins can be compared to gambling.
Let's say a bullish round begins in the alt market. There are a huge number of different alternative cryptocurrencies.
How to determine which of the coins will increase significantly in value? The investor does not know this.
He must guess, counting on a win, and this is essentially gambling. Gambling is based on a mathematical system. Investing in shitcoin is not based on a mathematical system that artificially limits the player's ability to win.
However, there are so many shitcoins, their price is so unpredictable that the investor actually becomes a gambler.
He is forced to engage in single combat with chaos and luck in order to make a profit.
Wow, that's another good point mate,... but honestly, I think investing is way easier than gambling as we have basis in investing altcoins. you can check their community if its active and check on the development, while in gambling, you win or lose and mostly based on luck. Thing is, if you invest in altcoins, and you have invested in a asset where it has a good trading volume, you don't loss your money right away even if it dumped, you hold it and wait until the price will rise again, that's the big difference in gambling.
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leea-1334
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April 05, 2021, 04:12:34 PM |
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That is why gambling is a really good business because no matter what day it is as long as there is a steady influx of gamblers, you will still profit because the house always wins. By the way, what is the fundamental difference that you are talking about?
I agree that getting out of your addiction is difficult, I have been there and let me tell you that the only way to stop the cycle is to do it yourself with or without the external help of intervention, you are the only one who can end the cycle.
Profit is not guaranteed,,, you can always fall victim to pure dumb luck, which is why crypto gambling is still a bit risky as you cannot have insurance to cover the unlikely scenario where lucky gamblers can wipe you out. I know this well as a crypto investor in casino bankrolls. If lucky gamblers win big, you can wipe out years of house edge profit!
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carlisle1
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 05, 2021, 04:48:08 PM |
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That is why gambling is a really good business because no matter what day it is as long as there is a steady influx of gamblers, you will still profit because the house always wins. By the way, what is the fundamental difference that you are talking about?
I agree that getting out of your addiction is difficult, I have been there and let me tell you that the only way to stop the cycle is to do it yourself with or without the external help of intervention, you are the only one who can end the cycle.
Profit is not guaranteed,,, you can always fall victim to pure dumb luck, which is why crypto gambling is still a bit risky as you cannot have insurance to cover the unlikely scenario where lucky gamblers can wipe you out. I know this well as a crypto investor in casino bankrolls. If lucky gamblers win big, you can wipe out years of house edge profit! You always have to consider those scenarios if you are boarding yourself into this types of investment. Casino bankroll got a high edge from the gambler but if a lucky whale or not lucky but experienced and wise whale comes up and sucked those money inside the bankroll things can easily be changed. It's not always in the positive side even you are in the side of the bank, there are risk and it unavoidable to happen.
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KTChampions
Legendary
Online
Activity: 2450
Merit: 1931
Leading Crypto Sports Betting & Casino Platform
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April 05, 2021, 04:58:52 PM |
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That is why gambling is a really good business because no matter what day it is as long as there is a steady influx of gamblers, you will still profit because the house always wins. By the way, what is the fundamental difference that you are talking about? ~
Unfortunately, not every investor can open their own casino/betting business. And as we saw on the topics on this forum, investing in casinos surprisingly often brings losses. Therefore, if I had chosen, I would have chosen to invest in traditional assets rather than in the geboing business.
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dimonstration
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April 05, 2021, 08:50:20 PM |
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They are just two different thing but very similar. investment is a means to earn from your keeping why the so called gambling doesn't but wen appropriately done and win then you will earn reward. Investment isn't gambling and gambling won't be like investment, except when the operators tend to be illegal about the two.
Investing can be a a problem to when we only just go with it without studying it, its like taking a gambling since we dont5do research but it can lessen when we do our research and what to buy and hold. It is less riskier and we have fully control on what decision we will do unlike in gambling that the House who controls it.
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Twinkledoe
Full Member
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★Bitvest.io★ Play Plinko or Invest!
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April 05, 2021, 09:22:41 PM |
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They are just two different thing but very similar. investment is a means to earn from your keeping why the so called gambling doesn't but wen appropriately done and win then you will earn reward. Investment isn't gambling and gambling won't be like investment, except when the operators tend to be illegal about the two.
Investing can be a a problem to when we only just go with it without studying it, its like taking a gambling since we dont5do research but it can lessen when we do our research and what to buy and hold. It is less riskier and we have fully control on what decision we will do unlike in gambling that the House who controls it. And also, most gambling games are based on luck. When it comes to investment, the fate of your funds depends on your management. It is not based on luck. It is how well you know how to handle finances and things that go in between. You have the full control on what you want to do with your money. Whereas, in gambling, there is house edge, and that is the advantage of being a house.
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michellee
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 06, 2021, 03:22:42 PM |
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They are just two different thing but very similar. investment is a means to earn from your keeping why the so called gambling doesn't but wen appropriately done and win then you will earn reward. Investment isn't gambling and gambling won't be like investment, except when the operators tend to be illegal about the two.
Investing can be a a problem to when we only just go with it without studying it, its like taking a gambling since we dont5do research but it can lessen when we do our research and what to buy and hold. It is less riskier and we have fully control on what decision we will do unlike in gambling that the House who controls it. So the investment will help us earn the reward in the future, and if we can get the right investment, such as investing in bitcoin, we can profit in the future. But that will not happen in gambling because we can lose all of the money without we can try to recover. Maybe if we can use the money that we spend for gambling to invest in something like bitcoin and other coins, we can a nice return in the future. But make sure you learn before you invest so you will not make a wrong decision.
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Silberman
Legendary
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April 07, 2021, 12:07:02 AM |
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It seems to me that you are confusing investment with trading, traders are the ones that speculate with the price of an asset on the short term, investors do not really speculate, they look at the fundamentals of an asset and then they try to project to the future whether or not that asset is going to be more valuable in the future and if they think that is the case then they put their money in that asset, this is precisely what is happening now with institutional investors coming to bitcoin at the moment
They're the same, both are involved in speculation, just that the time frame that the both of them look at is different. We will have to agree to disagree here, because I do not see investing as speculation at all, a person investing in a business is doing so because that person really believes in the business in question and it is not really interested in selling their assets anytime soon or ever, after all if you are invested in a good business then why sell? This is why bitcoin holders always urge people to keep holding their coins no matter what as they have no plans of selling soon and maybe ever.
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Coin_trader
Copper Member
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April 07, 2021, 12:16:26 AM |
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They are just two different thing but very similar. investment is a means to earn from your keeping why the so called gambling doesn't but wen appropriately done and win then you will earn reward. Investment isn't gambling and gambling won't be like investment, except when the operators tend to be illegal about the two.
Investing can be a a problem to when we only just go with it without studying it, its like taking a gambling since we dont5do research but it can lessen when we do our research and what to buy and hold. It is less riskier and we have fully control on what decision we will do unlike in gambling that the House who controls it. Investment is far different from gambling in my point of view and this should not be compared. Gambling is purely based on luck to earn while on Investment, you can have high chance of gaining profit if you case study on the things or company that you want to invest in just like what you said that you have full control on the funds.
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paxmao
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Do not die for Putin
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April 07, 2021, 12:59:59 AM |
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... In the most simple terms, absolute freedom means you can do anything you want, without limit, and without any constraint. That sounds sweet but dreadful.
Forget about beneficial; that's subjective. Forget about right attitude and conscience. Forget about good and evil. Those are meaningless concepts in a place where every single person is absolutely free.
I'm not so sure about you being born knowing what is good and what is not. What I'm sure of is that the rest of the human beings were born tabula rasa.
My friend, in a human society, regulations are not exclusive for evil things. Everything is regulated.
Absolute freedom is just impossible, our own nature as humans (well, I am partly and AI living on a cloud service, but that would take too long to explain ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ) and even our own nature as physical beings limited in space, time and sensory abilities set up a boundary to what we can do. Many times people refer to "financial freedom" which is to, at least, be able to have a wide choice on what to invest your time. It is not much about earning and multiplying, but also about deciding to live with with what is really worth.
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