maydna
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May 03, 2023, 12:55:26 PM |
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Nothing that we spend on hoping to make money from isn't safe. Some are just relatively lower on risk, but the risk is there. This comparison is, IMO, not really useful since these are two different facets. You can gamble less money on gambling platforms, but if you invested more and lost a lot more in there, I don't think you can even consider it a win. We choose where to spend our money, but saying that one is better than the other just because you're winning on it doesn't mean that everyone should do it too.
But people tend to use more money than other people because they want to win more. The risk is bigger than other people because they are using more money and seem to know about it and do it anyway. And those who are risking little money on gambling platforms may want to prevent the risk from getting big, so they think using less money will be better for them. But if there are different opinions, that's also up to them because maybe people don't understand it, so they will argue according to their thoughts.
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Ryu_Ar1
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May 03, 2023, 01:04:33 PM |
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Gambling is very addictive, gambling less can only help you if you are not putting it to heart which I not possible but I must say that once you are into gambling it will be almost impossible for you not gamble more unless you are just a beginner that just want to give it a benefit of doubt but once you win a bet generally you will gradually see yourself graduating into a full gambler.
yes, I feel it. for some reason, some of the games in the casino and football betting are very interesting to me. it makes me always bet and set aside some of my money to gamble. there is no problem with this, as long as we can control what we will bet. All gamblers are aware that games from casinos are indeed made for the curiosity of gamblers. that's for us to keep playing. This is not the case for you alone but it is most likely the case and of course that includes me as one of them. This condition is never inevitable because of course there is always a desire to feel the sensation and feel something is missing if it is not done. But as you say, there is no problem with that because as long as we can control this then it is not a problem. It's just a small fraction of what we get so it's not a problem because I still consider it a self reward to myself to relax more. Even though things like gambling are not good, as long as we know the limits of what we're doing I think there's no problem with it.
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Hispo
Legendary
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Leading Crypto Sports Betting & Casino Platform
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May 03, 2023, 02:04:29 PM |
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Gambling is very addictive, gambling less can only help you if you are not putting it to heart which I not possible but I must say that once you are into gambling it will be almost impossible for you not gamble more unless you are just a beginner that just want to give it a benefit of doubt but once you win a bet generally you will gradually see yourself graduating into a full gambler.
You can be a full time gambler yet you're not suffering from addiction, the full time gambling only means you're gambling as a job because that's what gives you income to take care of your personal needs as such it has to be done frequently like a normal job. While been in this situation, you still have control over yourself as you won't go beyond your budget or steal to gamble but an addict can do all that while still not making any profits from the bets they placed, they just want to gamble because of how it makes them feel. Addiction is a deadly sickness and it can happen in all areas of work, you can get addicted to music, movies etc you can gambling frequently but just make sure you're not excessing your budgie not gambling as a form of revenge as all those only leads you to losses. I agree with you that addiction is not only restricted to gambling, alcohol or other drugs. There are people who are addicted to using their phones and even eating junk food. However, I must disagree that people should look gambling as a job because the huge majority of gamblers cannot life off their gains and it is not a secret to enyone that the house always wins in the long term. The only chance I see someone living off their gaming activities is becoming a professional poker player and going to live tournaments. Besides of that, It is pretty hard for me to imagine someone living comfortably by rolling dices and spinning slots. Have you ever actually met someone who has managed to do so ?
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Dr.Bitcoin_Strange
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May 03, 2023, 03:55:53 PM |
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Nothing that we spend on hoping to make money from isn't safe. Some are just relatively lower on risk, but the risk is there. This comparison is, IMO, not really useful since these are two different facets. You can gamble less money on gambling platforms, but if you invested more and lost a lot more in there, I don't think you can even consider it a win. We choose where to spend our money, but saying that one is better than the other just because you're winning on it doesn't mean that everyone should do it too.
I completely agree with what you say. There is this saying, "As our faces are different, so are our desires, choices, lifestyle, etc." When someone chooses gambling over investment in Bitcoin, that's doesn't mean that Bitcoin is a scam or gambling is a scam. People just engage in what they think is best for their interests and also what they think they are more familiar with and professional with. For example, if a football player doesn't know about Bitcoin or cryptocurrency, if you ask them what it is to them, they will totally give you wrong answers. If you see a Bitcoiner who is not interested in football, and you go on asking them about football, you will equally get an wrong answer. So there is no zero-risk in a lot of things we (humans) do, the choices we make, our desires, etc.
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Webetcoins
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May 03, 2023, 04:34:36 PM |
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There is everything wrong in making gambling your career, I mean how can you live your life on the edge of luck. Gambling can never, I repeat never ever be someone career because you can never be certain of the outcome of your winning rather making gambling your career will just destroy your life because you can lose your whole funds to this act on days that you are unlucky.
LOL, stupidest thing or decision any gambler would ever make, decide or do is to make gambling a career, when there are lots of businesses one can do and be financially successful and independent.. If one love gambling so much that he or she wishes to turn it into a career, it is better for such person to start a gambling casino, which to me, I think is a really good and lucrative business anyone with good experience and gambling knowledge can venture into, you did be more comfortable running a casino than turning gambling into a career. Well, though I'm not in favor of this nor do I encourage anyone to do it, the truth is, there are professional gamblers out there whose only profession is gambling so technically it's their career. I understand that one cannot win every day in gambling so it's probably not a viable solution as a career path, but nothing is impossible in the world. A professional gambler can be someone who has got a pretty large bankroll initially that they can use to earn a certain amount of money probably every week, and even if they don't make money for some days due to luck and house edge factors, they basically manage to get more later on since they have pretty high bankrolls and they can afford to take risks, and we all know that more risk means more rewards.
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Shamm
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May 03, 2023, 05:04:20 PM |
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<..>
Gambling and Bitcoin investment are totally different as we all know that from the word Gambling there are two things in outcome because sometimes you will win and sometimes you will loss. And in gambling not all the time we can make a profit it because all things are based on luck and if we have our luck the We will in but if there's no luck then we will loss. While in investment In Bitcoin there's assurances that in the long run we can make a profit not only less profit but a huge profit but it takes too long and not just easy to invest.
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YOSHIE
Legendary
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May 03, 2023, 05:38:22 PM |
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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 & investing are two different things, even though both are always synonymous with money, the perception is different and very much different. Casino: you are required to deposit some money and make a bet, without making a bet you can't do anything, the money you deposited into your casino account doesn't move it stays intact and stands upright. Casino, its nature is based on luck you bet if you are lucky you win and can bring the money you win, but if you are not lucky the risk is clear, In a casino you don't buy and sell, the only thing you can do is bet. Investment: you make a deposit, then you buy and then sell what you have bought, if the price has gone up to make a profit, but in investing you don't have to bet the risk of loss is low, except: the type of crypto you are buying is really a scam, it's a risk to the investment. Conclusion: your investment only controls the price down and up, it happens with crypto investment. The casino you have to do the betting, there is no need for price controls to go up in the casino, it doesn't exist. So, investment and casino are not the same, other comparisons are easy, logic and makes sense investing in gold with casinos, are they the same, of course two different things.
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Silberman
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May 04, 2023, 02:50:05 AM Last edit: May 07, 2023, 02:21:59 AM by Silberman |
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There is a big difference between gambling and investing. If a bitcoin investment loses value, it will recover once a time. But that is not possible in gambling. Here gambling should be done with the mindset that the probability of loss is high on every bet. Although there is risk in these two issues, but they are different perspectives. One risk is lost forever and one risk loss for a long time but that have the possibility of regaining. So those who think the same about Bitcoin and gambling risk should refrain from this idea.
Those which do not see the difference between investing and gambling only look at the surface in order to make their judgment, but gambling and investing could not be more different, when it comes to gambling you either take the odds being given by a casino or you cannot gamble at all, but when it comes to investments you can choose when you want to make your move, this means that with the right knowledge you can minimize your risk to very low levels and you can come very close to make the perfect trade once in a while in which it is almost impossible to lose.
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Mahanton
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May 04, 2023, 12:59:24 PM |
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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 & investing are two different things, even though both are always synonymous with money, the perception is different and very much different. Casino: you are required to deposit some money and make a bet, without making a bet you can't do anything, the money you deposited into your casino account doesn't move it stays intact and stands upright. Casino, its nature is based on luck you bet if you are lucky you win and can bring the money you win, but if you are not lucky the risk is clear, In a casino you don't buy and sell, the only thing you can do is bet. Investment: you make a deposit, then you buy and then sell what you have bought, if the price has gone up to make a profit, but in investing you don't have to bet the risk of loss is low, except: the type of crypto you are buying is really a scam, it's a risk to the investment. Conclusion: your investment only controls the price down and up, it happens with crypto investment. The casino you have to do the betting, there is no need for price controls to go up in the casino, it doesn't exist. So, investment and casino are not the same, other comparisons are easy, logic and makes sense investing in gold with casinos, are they the same, of course two different things. Its no brainer on having that differentiation in between gambling and investment on which it would really be that understandable on what are the things that differs them.You cant really be able to stick into something specially on gambling if you are really that going on playing safe with your funds since its for entertainment thing.You cant really be able to make a gambling kind of move when you do make out investment rather. Taking up risks on investment and taking up risks when you do gamble is both different things despite they are just the same on having risks.Yes, it is the same but on the sense on how you've been doing it, and on the level you are trying out to bare out then you could be able to find out which one do have more. If you dont like to lose money then for sure you would be hesitant on spending up your funds on doing gambling, you would rather be thinking you rather be investing which it would be more worth than on wasting on leisure times.If you cant bare up the risks then gambling isnt your thing. We do have our own choice since its our money then its our business to take on which action you would really be following.
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danherbias07
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May 04, 2023, 01:19:49 PM |
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There is a big difference between gambling and investing. If a bitcoin investment loses value, it will recover once a time. But that is not possible in gambling. Here gambling should be done with the mindset that the probability of loss is high on every bet. Although there is risk in these two issues, but they are different perspectives. One risk is lost forever and one risk loss for a long time but that have the possibility of regaining. So those who think the same about Bitcoin and gambling risk should refrain from this idea.
Those which do not see the difference between investing and gambling only look at the surface in order to make their judgment, but gambling investing could not be more different, when it comes to gambling you either take the odds being given by a casino or you cannot gamble at all, but when it comes to investments you can choose when you want to make your move, this means that with the right knowledge you can minimize your risk to very low levels and you can come very close to make the perfect trade once in a while in which it is almost impossible to lose. I like what you said, they are only looking at the surface of it. Maybe most of them didn't even try it yet. Never invested, but only gambled and yet they are already making assumptions about what Bitcoin investing is like. I think it's the "risk factor" that they are mostly focused on. It's true that the Bitcoin market is volatile but it doesn't mean it will go to zero in a snap of the finger. People who are supporting it must stop believing in it first and sell all their Bitcoin before it loses it's value in a number that will be shocking to all of us. I doubt that will happen. This is not 2009 or 2010. Many people are trying to get as much Bitcoin as they can today and there are whales who would not just sell it for a cheap price. They will keep on holding and the demand will keep on increasing which means more profits for those who bought at a cheap price.
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AicecreaME
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May 04, 2023, 01:59:50 PM |
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Its no brainer on having that differentiation in between gambling and investment on which it would really be that understandable on what are the things that differs them.You cant really be able to stick into something specially on gambling if you are really that going on playing safe with your funds since its for entertainment thing.You cant really be able to make a gambling kind of move when you do make out investment rather. Taking up risks on investment and taking up risks when you do gamble is both different things despite they are just the same on having risks.Yes, it is the same but on the sense on how you've been doing it, and on the level you are trying out to bare out then you could be able to find out which one do have more.
If you dont like to lose money then for sure you would be hesitant on spending up your funds on doing gambling, you would rather be thinking you rather be investing which it would be more worth than on wasting on leisure times.If you cant bare up the risks then gambling isnt your thing. We do have our own choice since its our money then its our business to take on which action you would really be following.
Indeed. Gambling and investing are two different things. It's like comparing apples to oranges which are the same fruit, but different in all other aspects. Gambling and investing possess risks. In gambling, you do it out of enjoyment, for the entertainment it brings, the thrill and excitement it provides, and the satisfaction when you do what you want. Perhaps you even do it for some money-making reason. But the risk that comes with gambling has a different level in terms of putting your funds in an investment vehicle like cryptocurrency such as bitcoin. In gambling, you can't really guarantee a win unless you are skilled, knowledgeable, and lucky. I guess the same thing applies in investment, only that investors don't really rely on luck because doing so could endanger their assets. It's important for investors to know factual information, the current trends, and proper analysis of a situation before building up his portfolio. Otherwise, the risk will be higher that could result to loss of fund or liquidation or assets. Investment is done in order to safeguard your future. It is important for those people who want to profit over time. It is also done so that the value of money on hand will appreciate instead of depreciate because of inflation. Which is not really done in gambling.
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piebeyb
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May 04, 2023, 02:05:01 PM |
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![Sad](https://bitcointalk.org/Smileys/default/sad.gif) <..>
Gambling and Bitcoin investment are totally different as we all know that from the word Gambling there are two things in outcome because sometimes you will win and sometimes you will loss. And in gambling not all the time we can make a profit it because all things are based on luck and if we have our luck the We will in but if there's no luck then we will loss. While in investment In Bitcoin there's assurances that in the long run we can make a profit not only less profit but a huge profit but it takes too long and not just easy to invest. yes you are right, that's why bitcoin always get a long term return on investment, because it's different from gambling but people always think it's the same thing, actually ordinary people can tell the difference between the two, but people who often lose a lot of money in gambling or see people lose playing gambling or losing a lot of money because of crypto, it's not a gamble when people lose selling cheap because they invest short term resulting in losses. Meanwhile, bitcoin or other crypto is a long-term investment, so that's why investing in bitcoin or crypto always provides benefits for the holder, in contrast to gambling, it does not bring back the money that has been lost. after losing gambling then everything will be lost without any return.
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Trade on the go. Anywhere, anytime.
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michellee
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May 04, 2023, 02:15:15 PM |
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<..>
Gambling and Bitcoin investment are totally different as we all know that from the word Gambling there are two things in outcome because sometimes you will win and sometimes you will loss. And in gambling not all the time we can make a profit it because all things are based on luck and if we have our luck the We will in but if there's no luck then we will loss. While in investment In Bitcoin there's assurances that in the long run we can make a profit not only less profit but a huge profit but it takes too long and not just easy to invest. Only people who buy bitcoins recklessly would make bitcoin investing a gamble, especially if they cannot hold bitcoin as a long-term investment and finally decide to sell their bitcoins when the price decreases. People who use this method are gambling with their money because instead of wanting to profit, they will lose. They buy cheaply and hope to sell when the price increases. But it turned out that the price dropped deeper and made them panic and sell their bitcoins immediately. They will find no profit in investing in bitcoin but will only lose money. And if so, it would amount to gambling. But if they can hold their bitcoins even though the price is still dropping, they have the potential to make a profit. And it will not be the same as gambling, which will make them lose their money without recovering their losses.
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fullhdpixel
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May 04, 2023, 03:10:41 PM |
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You think, they are still talking about bitcoin. Even in Bitcoin is not a very safe currency. The market is not regulated or regulated and no one is able to stop their gambling habits. It is easy and smooth to play gambling.
Depends on what you consider Bitcoin can be called as safe. If you think the volatility make Bitcoin isn't safe, then it will never been safe from the beginning. If you think the regulation make Bitcoin isn't safe, you still have a choice to use Bitcoin even though it's get banned in your country. If you think the security and network in Bitcoin isn't safe, you're wrong. Regulations to ban gambling can reduce people to not gamble, but it will not stop 100% since you can still use VPN or gamble on an unlicensed casino. In the beginning, I think BTC's volatility isn't high as today because there are still less people who are using it. Regulation helps somehow to scare or caught the criminals and it's said to make BTC stable. BTC network is now strong or secure because there's so many people now who are involved in BTC but there are rumors that it can be attacked in the future by the super computers. That's the thing that we will see but for now, there is no need to panic. There are so many ways to play gambling not only online or on a designated casino offline. People can still play card games, mahjong and others inside their homes without the authorities knowing it.
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pawanjain
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May 04, 2023, 04:00:52 PM |
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Nothing that we spend on hoping to make money from isn't safe. Some are just relatively lower on risk, but the risk is there. This comparison is, IMO, not really useful since these are two different facets. You can gamble less money on gambling platforms, but if you invested more and lost a lot more in there, I don't think you can even consider it a win. We choose where to spend our money, but saying that one is better than the other just because you're winning on it doesn't mean that everyone should do it too.
But people tend to use more money than other people because they want to win more. The risk is bigger than other people because they are using more money and seem to know about it and do it anyway. And those who are risking little money on gambling platforms may want to prevent the risk from getting big, so they think using less money will be better for them. But if there are different opinions, that's also up to them because maybe people don't understand it, so they will argue according to their thoughts. Yeah you are right. There are people who gamble more than they can afford to lose and there are others who gamble within their limits. The latter ones are generally more clam because they don't stress over their losses while the prior ones always take higher risks and stress over higher losses. It's their choice though and we can't really argue with a person if he knows he's taking high risk and still wanna do it.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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Mr.suevie
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May 04, 2023, 04:12:55 PM |
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Gambling is very addictive, gambling less can only help you if you are not putting it to heart which I not possible but I must say that once you are into gambling it will be almost impossible for you not gamble more unless you are just a beginner that just want to give it a benefit of doubt but once you win a bet generally you will gradually see yourself graduating into a full gambler.
yes, I feel it. for some reason, some of the games in the casino and football betting are very interesting to me. it makes me always bet and set aside some of my money to gamble. there is no problem with this, as long as we can control what we will bet. All gamblers are aware that games from casinos are indeed made for the curiosity of gamblers. that's for us to keep playing. This is not the case for you alone but it is most likely the case and of course that includes me as one of them. This condition is never inevitable because of course there is always a desire to feel the sensation and feel something is missing if it is not done. But as you say, there is no problem with that because as long as we can control this then it is not a problem. It's just a small fraction of what we get so it's not a problem because I still consider it a self reward to myself to relax more. Even though things like gambling are not good, as long as we know the limits of what we're doing I think there's no problem with it. Unlike you, not all can control this habit from becoming a problem for them and its very bad and sad to see such people make gambling a must do act. Some people go as far dreaming to make it an every day means of making profit which we all know is impossible because this act can turn a destruction for you when we become obsessed with it. Knowing your limits to gambling is the only way to successfully abstain from becoming an gambling addict and only few gambling have this capability.
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Shamm
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May 04, 2023, 05:54:24 PM |
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<..>
Gambling and Bitcoin investment are totally different as we all know that from the word Gambling there are two things in outcome because sometimes you will win and sometimes you will loss. And in gambling not all the time we can make a profit it because all things are based on luck and if we have our luck the We will in but if there's no luck then we will loss. While in investment In Bitcoin there's assurances that in the long run we can make a profit not only less profit but a huge profit but it takes too long and not just easy to invest. Only people who buy bitcoins recklessly would make bitcoin investing a gamble, especially if they cannot hold bitcoin as a long-term investment and finally decide to sell their bitcoins when the price decreases. People who use this method are gambling with their money because instead of wanting to profit, they will lose. They buy cheaply and hope to sell when the price increases. But it turned out that the price dropped deeper and made them panic and sell their bitcoins immediately. They will find no profit in investing in bitcoin but will only lose money. And if so, it would amount to gambling. But if they can hold their bitcoins even though the price is still dropping, they have the potential to make a profit. And it will not be the same as gambling, which will make them lose their money without recovering their losses. You are right and that's just be a lesson to learn if people want to enter the wok of investment like what you said that investment in bitcoin is not just like lighting that only a few times will boom and you've got a profit. But it takes more time to hold because the price is volatile which means we didn't know when to fall and when to rise so it's better to stay focused in our investment and don't let your greedines will take over you.
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panganib999
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May 04, 2023, 06:17:37 PM |
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So basically, they are projecting upon you their deepest insecurities and all the shitty things that their stupid mental is making them feel every time they gamble. They felt like you are higher up than them since you make money out of your craft while they themselves scramble for luck. Unless this discussion sprung from a discussion/argument between you guys. In any case, no matter who started who I'd side with investing over gambling. Investing takes time and effort as well as years of honed skill and discipline to be somewhat good at it. Gambling takes no skill to learn and lose from (lmao), and most of all nothing but a way to past time and spend disposable money with.
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madnessteat
Legendary
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Activity: 2352
Merit: 2168
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May 04, 2023, 08:15:01 PM |
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^
In my opinion, before we continue this conversation, we need to clearly understand that investing is a way to make money (sometimes very risky) and gambling is entertainment. I would advise against making the wrong associations in your head, as some do, and not trying to get rich in a casino, as it depends on luck, not desire, amount of money or free time.
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klidex
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May 04, 2023, 08:25:52 PM |
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^
In my opinion, before we continue this conversation, we need to clearly understand that investing is a way to make money (sometimes very risky) and gambling is entertainment. I would advise against making the wrong associations in your head, as some do, and not trying to get rich in a casino, as it depends on luck, not desire, amount of money or free time. Actually, I have said about this issue on several pages of this thread, but everyone has different thoughts and I think I agree with your statement that gambling is a place of entertainment to seek pleasure, which is very different from investment. Even though this investment itself is not a place to look for luck, not like gambling, but the rest is like saving gold.
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