I am only trying to stay safe by gambling less

[Crypt0Gore]

I am not a gambling addict but some friends are making me look like one because I gamble less and they gamble more, it all started when we got into an argument that investing in Bitcoin is not the same as gambling, my friends who are gamblers, not full-time but more of a gambler than I am, are claiming that there is no difference between investing and gambling, they said if all you doing is investing money on Bitcoin you are no different to those who are gambling in a casino.

Still, I refuse this because I believe they are wrong, Bitcoin market has charts and I am playing with charts even if I am a full-time Bitcoin trader, all I need to do is read charts, and if I am good at it I will win vs gambling, where it's you vs a company which we can never tell if their games are completely fair or not.

Furthermore, I told them that Bitcoin investors tend to get positive results, while online casino gamblers tend to get negative results more than positive result, true or false?

I asked them to show me prove that they make more from gambling than they lose, none of them showed me, but I prove to them that I hardly have losses investing in Bitcoin lol .

Famz, drop your opinion on this, would you categorize these two as gambling? Because the only winning factor from Bitcoin investment is to just buy low and wait for a high price, it's not the same with casinos. Am I not making sense? I will like to hear from you.

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[Oshosondy]

I am not a gambling addict but some friends are making me look like one because I gamble less and they gamble more, it all started when we got into an argument that investing in Bitcoin is not the same as gambling, my friends who are gamblers, not full-time but more of a gambler than I am, are claiming that there is no difference between investing and gambling, they said if all you doing is investing money on Bitcoin you are no different to those who are gambling in a casino.

If I were you, my simple answer is to accept that they are right, but because life itself is gambling. But I will explain further that if it is gambling using money for it on gambling sites, that investing in bitcoin is not the same as gambling on gambling sites, they are different.

If the argument continues and I explain further and they did not accept, there are some arguments like that, that will not end.

Still, I refuse this because I believe they are wrong, Bitcoin market has charts and I am playing with charts even if I am a full-time Bitcoin trader, all I need to do is read charts, and if I am good at it I will win vs gambling, where it's you vs a company which we can never tell if their games are completely fair or not.

Trading that is even riskier is not gambling, not to talk of investing in bitcoin. You are correct.

[DaNNy001]

I am not a gambling addict but some friends are making me look like one because I gamble less and they gamble more, it all started when we got into an argument that investing in Bitcoin is not the same as gambling, my friends who are gamblers, not full-time but more of a gambler than I am, are claiming that there is no difference between investing and gambling, they said if all you doing is investing money on Bitcoin you are no different to those who are gambling in a casino.

Still, I refuse this because I believe they are wrong, Bitcoin market has charts and I am playing with charts even if I am a full-time Bitcoin trader, all I need to do is read charts, and if I am good at it I will win vs gambling, where it's you vs a company which we can never tell if their games are completely fair or not.

Furthermore, I told them that Bitcoin investors tend to get positive results, while online casino gamblers tend to get negative results more than positive result, true or false?

I asked them to show me prove that they make more from gambling than they lose, none of them showed me, but I prove to them that I hardly have losses investing in Bitcoin lol .

Famz, drop your opinion on this, would you categorize these two as gambling? Because the only winning factor from Bitcoin investment is to just buy low and wait for a high price, it's not the same with casinos. Am I not making sense? I will like to hear from you.

Well first of all, bitcoin investment and gambling are totally different things but in the case of you investing in other altcoins that are not reliable then I think its fair that we can relate it to gambling because you never know what's gonna happen with coins as your investment can just go sideways and you will lose your money which is almost same thing with gambling but gambling is more complex because you cant actually study the odds where as in market you successful study the charts like you stated. Gambling is normally based on the factor of luck let's take for example sports gambling and soccer to be specific, you can stay up all night and carefully browse or check the stats of a team that's want to play but as soon you eventually place a bet on that team, you will then discover that the outcome of the result will be different from what you predicted and if luck doesn't shine on you, you will end up losing a lot of cash on gambling.

[Adbitco]

Why would you go arguing with them since you know is a blind argument?
You already knows the answers and i didn't expect you to go this far trying to make them believe bitcoin investment is more secure and is off from gambling. They knows already but wanting to pull out your legs to see your innermost answer but believe me or not there is no way in a day you could compare bitcoin investment to gambling.
Let say they gambles with $2k and expected to win $100k maybe after the day or the week, probably the game went against them and they lost a total sum of $2k is there any way to get it back from the casino? Obviously No because nothing to hold at that point in time, but what about bitcoin investment?

You may use same value and invest into bitcoin, is either the price will increase or decrease and if the price decrease all you need to do is to be patient for like 2 months or at max 1 year  you will still get back same value worth in btc but increased in usd equivalent, that is to say you may have $3k increased but same fractions of bitcoin left still there in your wallet. Do not argue a blind argument next time!

[Distinctin]

Famz, drop your opinion on this, would you categorize these two as gambling? Because the only winning factor from Bitcoin investment is to just buy low and wait for a high price, it's not the same with casinos. Am I not making sense? I will like to hear from you.

Everyone has the freedom to decide how to use their money - whether to invest it or gamble it. It can be difficult to argue with gamblers who believe that what you're doing is also gambling. They are entitled to their opinion, so it's important to respect it.

Additionally, it's true that investing in Bitcoin can be considered a gamble or even gambling to some.

There's no guarantee that you'll have a higher success rate investing in Bitcoin compared to gambling, as some gamblers make a lot of money using skill-based gambling, which is more similar to trading.

[CryptSafe]

Mate, your explanations are enough for any one who is reasonable to know how the system works. They are just ignorant and do not care to know what they do not know. You did your best explaining to them. I feel they are messed up with their own thoughts and are only acting up to cover up their ignorance. So no point you wasting your time anymore explaining to them but I believe with time they would give you accolades for your bravery. Friends do act that way though because I have had that similar experience with my friends and at the entire end they told me they only acted up so they could not get embarrassed as they already know that their argument was not substantial to hold onto.

[arwin100]

I am not a gambling addict but some friends are making me look like one because I gamble less and they gamble more, it all started when we got into an argument that investing in Bitcoin is not the same as gambling, my friends who are gamblers, not full-time but more of a gambler than I am, are claiming that there is no difference between investing and gambling, they said if all you doing is investing money on Bitcoin you are no different to those who are gambling in a casino.

Just respect their opinion regarding on that situation and don't create any argument with your friend that can create a gap on your friendship. Better accept what their word because they don't actually knew what you are into. Just ride with the flow with your friend so that you can enjoy his company playing and discussing about gambling. Let him discover that there's difference between this two especially if there's good result happen in your crypto investment.

Still, I refuse this because I believe they are wrong, Bitcoin market has charts and I am playing with charts even if I am a full-time Bitcoin trader, all I need to do is read charts, and if I am good at it I will win vs gambling, where it's you vs a company which we can never tell if their games are completely fair or not.

You cannot please all people to accept what you think is right. Better hide your crypto investment to them and show only those minimal things which they can accept.

[Wexnident]

I am not a gambling addict but some friends are making me look like one because I gamble less and they gamble more, it all started when we got into an argument that investing in Bitcoin is not the same as gambling, my friends who are gamblers, not full-time but more of a gambler than I am, are claiming that there is no difference between investing and gambling, they said if all you doing is investing money on Bitcoin you are no different to those who are gambling in a casino.

Still, I refuse this because I believe they are wrong, Bitcoin market has charts and I am playing with charts even if I am a full-time Bitcoin trader, all I need to do is read charts, and if I am good at it I will win vs gambling, where it's you vs a company which we can never tell if their games are completely fair or not.

Furthermore, I told them that Bitcoin investors tend to get positive results, while online casino gamblers tend to get negative results more than positive result, true or false?

I asked them to show me prove that they make more from gambling than they lose, none of them showed me, but I prove to them that I hardly have losses investing in Bitcoin lol .

Famz, drop your opinion on this, would you categorize these two as gambling? Because the only winning factor from Bitcoin investment is to just buy low and wait for a high price, it's not the same with casinos. Am I not making sense? I will like to hear from you.

Gambling is a gamble to make quick money, like instantly, and relies mostly (if not at all) on luck. Investing, on the other hand, may require a touch of luck, but most of it is relying on the asset you're trusting to grow other time, and with that, also results in your money "growing" over time. It's not an instant "hey I'm rich" one-time thing, it's a constant progress where your money makes more money. Imo there's no sense in comparing losses between the two, you lose in both of them either way, it's better to compare the methods you gain money from both of them.

And I'd hardly blame them, I also consider investing as a form (of some sort) of a gamble really, but it isn't gambling like in casinos which rely on luck, simple as that.

[Peanutswar]

In investment you must need to have a good understanding of what kind of product you are trying to invest in and at the same time how it earn or lose, you must need to know the concepts, fundamentals, analysis and other factors as serve for your essential learning and knowledge by this you can now see what are the possible things to avoid and cater during with your investment period, in gambling this can be depends on the luck or in the technique, skills and strategy of the player, this serves a lot of experience in the field you are playing to eliminate and conquer the game you are playing or else let the machine decide with your fate, they both can earn and lose but in investment its a lesser risk than the gambling without proper assurance of winning.

[_act_]

Investing in bitcoin is not gambling, it is an investment.

And I'd hardly blame them, I also consider investing as a form (of some sort) of a gamble really, but it isn't gambling like in casinos which rely on luck, simple as that.

Which means the work that we are doing is gambling because our boss may not pay us at the end of the week. Also means that the business we laid hands on is gambling because it may be fruitful or may not be fruitful. If bitcoin price goes down very well, I can invest in it with higher amount of money, but I can not gamble with high amount of money. They are two different things that needs different approaches.

[bitbollo]

Bitcoin is a bet on the future without a shadow of a doubt. Is a surebet? Yes probably.
Certainly it is not the same thing as betting on a specific event like in casino, because certain advantages are actually offered by btc. And this is a fact. no comparison can be made with classic gamble.
people that does't understand this difference are just illiterate on the argument.

[inthelongrun]

Generally speaking, there are similarities between gambling and investing because they both involve risks. But if we are to go deeper and be specific, there are big differences. Even trading and investing are not completely the same. Gambling is a form of entertainment while playing and betting. In sports betting, we have a good chance of winning as well if we know really well the sports which are also comparable to making research when we invest money into an asset like crypto. In trading, we have the charts and various indicators to use as our basis and of course, research is still needed to make sure the asset we are trading is healthy and reliable.

[piebeyb]

Pump and Dump crypto prices are usually based on a kind of gambling guess, depending on how each views it, I don't think that investing in bitcoin is part of gambling because if you invest for the long term it is called an investment, but if it's gambling we play against machines that sometimes have set to drain all your money as a gambler, after all, both also have the same advantages and disadvantages

When you invest in bitcoin for the short term it is not recommended especially for those who panic easily, most people buy bitcoin for long term investment, the disadvantage is when you panic buy high prices and then sell them at low prices, but if gambling is not controlled by panic but curiosity when lose they will continue to play no matter how much money has been spent, both have differences and are not the same in appearance they look the same but they are not. Gambling must be responsible so understand that before gambling so you don't become an addict

[ethereumhunter]

I don't think investing in bitcoin is the same as gambling because even if some people buy it at the current price and it turns out that the price is falling, the price of bitcoin still has a chance to increase. And as long as that person doesn't sell his bitcoins at a loss, he can still make a profit in the future. So it's not gambling.

But if people play gambling, they will not have a great opportunity to get money from many gambling games and instead, they can lose large amounts of money. You have explained well to your friends but if your friends still think like that, just let them see what you will get later when the bitcoin price increases and you can sell it at the peak price.

[Plaguedeath]

Investing in Bitcoin will not make your capital went to 0 because even Bitcoin suffering bear market, the price will not ever hit $0. While gambling it will make your capital went to 0 because the winner takes all.

Those kind of people are tend to confuse trading, investing and gambling, even though all of them have ing in the last three characters, but they're different from each other. It's better to not argue about it because if you win you will not get anything, if you lose you will not lose anything.

[Mauser]

Famz, drop your opinion on this, would you categorize these two as gambling? Because the only winning factor from Bitcoin investment is to just buy low and wait for a high price, it's not the same with casinos. Am I not making sense? I will like to hear from you.

Obviously the two are not same and we can't compare profits from investing in bitcoins with profits from gambling at a casino. First of all casinos are private companies that offer games where we can make a profit if we are lucky. All the risk and rewards are known before and there is controlled environment where the games are being played. Everybody who is 18 can sign up at the casino and start gambling, but once we lost our money it's gone. There is no chance to recover our initial money, except if we deposit more money. Bitcoins are completely different, they are not being owned by one private company that sets an artifical price for it. Bitcoins are traded every day and the price moves and as long as we don't sell our coins we are not realising out losses. We can just hold our bitcoins and wait for the price to recover.

[swogerino]

Every investment is high risk especially when you invest a high volatile asset like Bitcoin,it is only better than gambling when you invest now and you wait in the long term and only sell Bitcoin after has increased in price from the moment you invested.If you want to do daily trading with it then there is nothing different from gambling as for me trading is the same as gambling because in both cases you cannot predict the future.

However you have taken the right decision to gamble less as in the long run this will be beneficial to you.

[Yatsan]

Investing in Bitcoin will not make your capital went to 0 because even Bitcoin suffering bear market, the price will not ever hit $0. While gambling it will make your capital went to 0 because the winner takes all.

Those kind of people are tend to confuse trading, investing and gambling, even though all of them have ing in the last three characters, but they're different from each other. It's better to not argue about it because if you win you will not get anything, if you lose you will not lose anything.

Everything has risks. It happened that what makes gambling, "gambling" is because of risk. Investment, trading, and gambling has all the risk which confuses people. The only difference is that risk can be mabaged more on investment and trading more than gambling because strategies work more, than relying solely with luck or one's fate.

Famz, drop your opinion on this, would you categorize these two as gambling? Because the only winning factor from Bitcoin investment is to just buy low and wait for a high price, it's not the same with casinos. Am I not making sense? I will like to hear from you.

Obviously the two are not same and we can't compare profits from investing in bitcoins with profits from gambling at a casino. First of all casinos are private companies that offer games where we can make a profit if we are lucky. All the risk and rewards are known before and there is controlled environment where the games are being played. Everybody who is 18 can sign up at the casino and start gambling, but once we lost our money it's gone. There is no chance to recover our initial money, except if we deposit more money. Bitcoins are completely different, they are not being owned by one private company that sets an artifical price for it. Bitcoins are traded every day and the price moves and as long as we don't sell our coins we are not realising out losses. We can just hold our bitcoins and wait for the price to recover.

Once your money is lost in investment or trading, things would be the same; you'll have no insurance from your losses. Things are relative with one another and that is because of the word "risk".

Gambling less would indeed make you safe from addiction because your expectations would as well be managed making you less determined to win big time in such activity; which should be everyone's mindset in the first place. You are on the right path from doing so.

[tusandii]

There are already many gamblers who want the same thing as you and unfortunately only a few can afford to be able to stay safe while reducing gambling because gambling is an activity that is difficult to stop because of curiosity and domains that are difficult to stop.
What's more, for those who have truly become an addict, it will be more difficult to reduce it, even forgetting about gambling for a moment will never be possible if someone is already an addict.
That is why it is important for a gambler to limit and reduce the gambling sessions that are carried out in order to avoid excessive gambling addiction.

[Mate2237]

From my analysis of your mindset, you are not a gambler, you are just formulating gambling post by using friends always. You lie for your innocent friends more than yourself. You have not given us update on the casino projects your friend asked you to come and find out from here. I tried to locate the threads which you used your innocent friends as cover up but I could not find them again. Probably they have been deleted.

Back to your topic and message. I will not use your friends as a point of the argument but you as the key player of the thread. Because I am tired of your friends threads. Gambling, Investment and Trading are different things. You can loss money in Gambling and Trading but not in investment. When you use 30k dollar for gambling, you can loss all at once and the same goes to trading as well. But in investment the 30k dollar can only reduce and not to zero percent.