The fine line between market investment and sports gambling

[sunsilk]

but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say,

That's a good comparison and representation of gambling and investing. There is this belief that when we invest, we're also gambling but the example that you've given for investing to those low ranking coins is totally a gamble.

The description of it differentiates from the people discussing it.

[1714011684]

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[Smartprofit]

but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say,

That's a good comparison and representation of gambling and investing. There is this belief that when we invest, we're also gambling but the example that you've given for investing to those low ranking coins is totally a gamble.

The description of it differentiates from the people discussing it.

In my opinion, investing in cryptocurrency is significantly different from gambling.  

When choosing a coin or token for investment, the investor evaluates the project idea, the qualifications of the developers and the project roadmap.  

The investor also evaluates the project based on the general trends in the development of the crypto industry.  This allows him to assess the likelihood of making a profit and calculate its size in monetary terms.  

It also allows you to assess the likelihood of losing.  

Therefore, investing is more like poker than roulette.  

An investor's knowledge and intuition greatly increases his chances of making a profit.

[Zilon]

Sports gamblers and market investors share a very thin line of difference but for the both there is a big difference. For betting we stake without certainty although most of the times we check out of past performances and also the records a particular team has kept over a period of time. But we forget that the other team we are negleting might have had series of trainings ready to breakthrough from the weakpoints of the stronger team.

When it comes to market investments we have different strategies that directs the trader on direction of the trending market. Investing in the financial markets require analysis and if not properly analyzed could be considered as gambling. It's like our general day-to-day business venture. You have to understand a particular business before you trade it

[AmoreJaz]

Sports gamblers and market investors share a very thin line of difference but for the both there is a big difference. For betting we stake without certainty although most of the times we check out of past performances and also the records a particular team has kept over a period of time. But we forget that the other team we are negleting might have had series of trainings ready to breakthrough from the weakpoints of the stronger team.

When it comes to market investments we have different strategies that directs the trader on direction of the trending market. Investing in the financial markets require analysis and if not properly analyzed could be considered as gambling. It's like our general day-to-day business venture. You have to understand a particular business before you trade it

they may have similarities in nature as it seems we are also gambling when it comes to market investments. but the processes involved are very different. if you are not a person who knows the financial market, can you make it thru the day on this venture? don't think so. same with sports gambling, if you are really not into sports, would be a very hard task for you to place bets as you have no idea what you are doing.
so what i am saying here - these 2 are quite similar in nature but if you know any of these 2 by heart, the gambling side will be reduced in its effect.

[Lorence.xD]

~

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!

It's not that big of a deal that they are going to win big if you are a bankroll investor because it is split among all the investor, it's pretty sad if a years worth of profit is going to get wiped out.

[peter0425]

but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say,

That's a good comparison and representation of gambling and investing. There is this belief that when we invest, we're also gambling but the example that you've given for investing to those low ranking coins is totally a gamble.

The description of it differentiates from the people discussing it.

Depend in which coin they are investing because if they are into the very promising coin then it is not gambling but trusting the coin.

we can invest like a gambler or we can gamble like a investor.

[Wexnident]

they may have similarities in nature as it seems we are also gambling when it comes to market investments. but the processes involved are very different. if you are not a person who knows the financial market, can you make it thru the day on this venture? don't think so. same with sports gambling, if you are really not into sports, would be a very hard task for you to place bets as you have no idea what you are doing.
so what i am saying here - these 2 are quite similar in nature but if you know any of these 2 by heart, the gambling side will be reduced in its effect.

But there are indeed circumstances where you can just enter both markets without knowing anything, and yet still profit. Now this is purely the gambling side of both things, and if we were to get into it then it'd simply just be an act where you rely on luck. Now if we were taking the luck part away, then they're actually just the same, just that they research different things. It's like sports, you play tennis, I play volleyball, two different things and yet actually the same. You play, I play, we both have enemies to defeat, we train to defeat them, etc. The core idea is the same, but the specifics are quite different.

[Silberman]

The difference between the 997th coin in the market and the top ones is probably the features they offer and the originality of each one. While the top coins are innovative and have their own technology, the 997th is just a copy of another coins. By investing in the top ones you aren't gambling, but investing, because you know their features will lead them up on long run, but once you exclude the features, innovation, creativity and originality of the coin, nothing is left. That is the case of the coins on the bottom of the crypto market list. So when investors put their money on these cheap (or priceless) coins, they aren't investing anymore, but gambling instead, because there isn't any logical reason they can use to explain why this specific coin is going to return them profit on long run.

So I think we can say we are investing when our actions are well based and make sense from a technical perspective, but when we put our money in something that isn't possible to explain why that is a good investment in a reasonable way, it's because that isn't an investment at all. Besides the coin example you gave, I could also mention ponzi, high yield *investment* programs.

Exactly, how many people have we seen in the forum claiming the coin in which they are invested is better than bitcoin because it is a copy of it and as such it should go up in value as much as bitcoin? It is as if they do not understand the concept of originality and trust, people trust in bitcoin because satoshi created this forum and gave long explanations about what were his goals while many developers only have one goal in mind which is to make money for themselves, and as such their coins have a high chance of failure making it way more risky than the worst bet in most casinos.

[dimonstration]

but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say,

That's a good comparison and representation of gambling and investing. There is this belief that when we invest, we're also gambling but the example that you've given for investing to those low ranking coins is totally a gamble.

The description of it differentiates from the people discussing it.

Everything will depend n our own understanding, some already have beliefs that is too hard to analyzed since they wanted to believe that way. Investing can be a gamble in terms of risk that we don’t know when we will be able to be in profit but not in-terms of gambling that we stake our money for the sake that others will lose for us to win. In investing everyone can lose or win without opponents

[Lucasgabd]

but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say,

That's a good comparison and representation of gambling and investing. There is this belief that when we invest, we're also gambling but the example that you've given for investing to those low ranking coins is totally a gamble.

The description of it differentiates from the people discussing it.

Everything will depend n our own understanding, some already have beliefs that is too hard to analyzed since they wanted to believe that way. Investing can be a gamble in terms of risk that we don’t know when we will be able to be in profit but not in-terms of gambling that we stake our money for the sake that others will lose for us to win. In investing everyone can lose or win without opponents

a key point we can learn from that is that studying and improving our skills will help better decision-making, be it in investing or in the way we gamble, studying is not only reading and learning about the world but also learning about ourselves and developing better emotion control, awareness.

don't you think?

[Silberman]

but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say,

That's a good comparison and representation of gambling and investing. There is this belief that when we invest, we're also gambling but the example that you've given for investing to those low ranking coins is totally a gamble.

The description of it differentiates from the people discussing it.

Everything will depend n our own understanding, some already have beliefs that is too hard to analyzed since they wanted to believe that way. Investing can be a gamble in terms of risk that we don’t know when we will be able to be in profit but not in-terms of gambling that we stake our money for the sake that others will lose for us to win. In investing everyone can lose or win without opponents

I think that many times people confuse the concept of gambling and risk, it is true that no matter what kind of investing strategy you use there is going to be an inherent risk but this is not the same as gambling, in gambling you cannot really choose the odds, the casino offers a series of games with different odds and you can just take those odds if you want to play a particular game, but when it comes to investing you can choose moments to invest in which your risk is as low as possible and it is important to distinguish this difference.

[Lucasgabd]

but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say,

That's a good comparison and representation of gambling and investing. There is this belief that when we invest, we're also gambling but the example that you've given for investing to those low ranking coins is totally a gamble.

The description of it differentiates from the people discussing it.

Everything will depend n our own understanding, some already have beliefs that is too hard to analyzed since they wanted to believe that way. Investing can be a gamble in terms of risk that we don’t know when we will be able to be in profit but not in-terms of gambling that we stake our money for the sake that others will lose for us to win. In investing everyone can lose or win without opponents

I think that many times people confuse the concept of gambling and risk, it is true that no matter what kind of investing strategy you use there is going to be an inherent risk but this is not the same as gambling, in gambling you cannot really choose the odds, the casino offers a series of games with different odds and you can just take those odds if you want to play a particular game, but when it comes to investing you can choose moments to invest in which your risk is as low as possible and it is important to distinguish this difference.

well, I agree in parts:
you can still choose which game you play and in some games you can calculate the odds
you can still choosethe% of our income you'll use for gambling and from that the % of money you'll use for each game.

[Fortify]

but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say,

That's a good comparison and representation of gambling and investing. There is this belief that when we invest, we're also gambling but the example that you've given for investing to those low ranking coins is totally a gamble.

The description of it differentiates from the people discussing it.

I think you definitely need to differentiate between different types of investment. However, gambling is almost always built around a negative return on investment for the average person in the long run, at a bare minimum the company providing the gambling facilities have costs to cover, but they also seek the maximum profit too - which means retaining every cent that they can get people to deposit. Investment for most people in the traditional sense means either buying property or buying stocks. Residential property is a fairly safe bet as long as you don't overpay and has continued rising for many decades due to that demand. If you are buying into a basket of stocks (instead of individual shares) then that too has brought a decent return of around 7% over time. The reason people are drawn to gambling is because they seek much greater returns than that in a shorter time frame.. which is usually what leads them to lose it all.

[carlfebz2]

but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say,

That's a good comparison and representation of gambling and investing. There is this belief that when we invest, we're also gambling but the example that you've given for investing to those low ranking coins is totally a gamble.

The description of it differentiates from the people discussing it.

Everything will depend n our own understanding, some already have beliefs that is too hard to analyzed since they wanted to believe that way. Investing can be a gamble in terms of risk that we don’t know when we will be able to be in profit but not in-terms of gambling that we stake our money for the sake that others will lose for us to win. In investing everyone can lose or win without opponents

a key point we can learn from that is that studying and improving our skills will help better decision-making, be it in investing or in the way we gamble, studying is not only reading and learning about the world but also learning about ourselves and developing better emotion control, awareness.

don't you think?

Its overall!

Becoming better player or gambler would always vary on being good in different factors on different angles not only limited on the capability or skills but also into emotion handling.

You would really become better if you do able to make yourself good into these fields and dont find any hardship whether you do decide on what to engage or whats not.
It all matters with experience in general sense. Being aware on different conditions and acting appropriate that would correlate to it.

[Lucasgabd]

but if someone invest in the 997th coin in the market thinking of becoming rich then that person is gambling no matter what they say,

That's a good comparison and representation of gambling and investing. There is this belief that when we invest, we're also gambling but the example that you've given for investing to those low ranking coins is totally a gamble.

The description of it differentiates from the people discussing it.

Everything will depend n our own understanding, some already have beliefs that is too hard to analyzed since they wanted to believe that way. Investing can be a gamble in terms of risk that we don’t know when we will be able to be in profit but not in-terms of gambling that we stake our money for the sake that others will lose for us to win. In investing everyone can lose or win without opponents

a key point we can learn from that is that studying and improving our skills will help better decision-making, be it in investing or in the way we gamble, studying is not only reading and learning about the world but also learning about ourselves and developing better emotion control, awareness.

don't you think?

Its overall!

Becoming better player or gambler would always vary on being good in different factors on different angles not only limited on the capability or skills but also into emotion handling.

You would really become better if you do able to make yourself good into these fields and dont find any hardship whether you do decide on what to engage or whats not.
It all matters with experience in general sense. Being aware on different conditions and acting appropriate that would correlate to it.

totally
its interesting how the knowledge is not separate, the world is chaos
we separate it to better understand it

that said, studying math, probabilities, body language, learning to bluff, learning to calculate your edeg vs house edge, etc... will help a lot depending on the game