I am only trying to stay safe by gambling less

[Silberman]

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.

I think gambling and investing are two different things. If you invest there is no chance of losing all your money. But if you gamble and lose you will lose all your money. And if you invest you will have very little profit.  .Gambling will give you more money than your investment if you win. So I think there is a big difference between investing and gambling.

This is not really accurate, when you invest in a good asset you have a legitimate chance to make money but this does not mean that you cannot lose, in fact a great deal of the people that invested in bitcoin lost their money as they were unable to hold their coins for long enough to produce profits, and if this is true for bitcoin, which is the best coin we have on this market, then this is true as well for all the people out there which like to invest in altcoins and like try their luck with them.

[1715506589]

1715506589

[1715506589]

1715506589

[1715506589]

1715506589

[Pamadar]

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.

I think gambling and investing are two different things. If you invest there is no chance of losing all your money. But if you gamble and lose you will lose all your money. And if you invest you will have very little profit.  .Gambling will give you more money than your investment if you win. So I think there is a big difference between investing and gambling.

This is not really accurate, when you invest in a good asset you have a legitimate chance to make money but this does not mean that you cannot lose, in fact a great deal of the people that invested in bitcoin lost their money as they were unable to hold their coins for long enough to produce profits, and if this is true for bitcoin, which is the best coin we have on this market, then this is true as well for all the people out there which like to invest in altcoins and like try their luck with them.

Make sense, and if you failed to investigate and do thorough research, then the chance is really high to lose your investment.

But, if you manage to pick the right coin to invest and you know what you are doing with your
investment, then it will going to be far from gambling. Your chance is decent to make some good
earnings from your invested money.

[maydna]

Both gambling and investing in bitcoins are risky but the difference is that if you lose gambling your funds will be gone immediately and your balance will be zero. But if you invest in Bitcoin, even if the price of Bitcoin goes down, you can hold it for a long time and at some point it will recover your losses and give you a profit. So investing in Bitcoin and gambling are not the same.  Investing in bitcoins will save you some money but gambling and losing will not save your money in any way. So if you can stay away from gambling it will be great for you but you can continue to invest in Bitcoin but in this case you must be patient and hold Bitcoin for long time.

Yeah, as long as you still hold and not sell your Bitcoin during dump season, you're not lose, but it's still an unrealized lose.

The @OP is promoting gambling site, it's hilarious if he need to stay away from gambling because he need to gamble, exploring and know about it as his campaign need to post in gambling section. If @OP want to stay away from gambling, he need to avoid anything related with gambling in the first place. But it doesn't mean gambling is bad, gambling is good if you have a good self control and money management.

It is okay if he promotes a gambling site because he has the choice to gamble or not. And if he chooses not to gamble, so much the better for him because he can save money for other things. But if he decides to use some of his money to gamble, that's fine too. At least he can have a gambling experience like the others, but he has to have self-control and everything else so he doesn't become addicted to gambling in the future. And it would be even better if he used his money to invest in bitcoin so he can get a chance to profit when the bull market arrives.

[kamvreto]

Both gambling and investing in bitcoins are risky but the difference is that if you lose gambling your funds will be gone immediately and your balance will be zero. But if you invest in Bitcoin, even if the price of Bitcoin goes down, you can hold it for a long time and at some point it will recover your losses and give you a profit. So investing in Bitcoin and gambling are not the same.  Investing in bitcoins will save you some money but gambling and losing will not save your money in any way. So if you can stay away from gambling it will be great for you but you can continue to invest in Bitcoin but in this case you must be patient and hold Bitcoin for long time.

Yeah, as long as you still hold and not sell your Bitcoin during dump season, you're not lose, but it's still an unrealized lose.

The @OP is promoting gambling site, it's hilarious if he need to stay away from gambling because he need to gamble, exploring and know about it as his campaign need to post in gambling section. If @OP want to stay away from gambling, he need to avoid anything related with gambling in the first place. But it doesn't mean gambling is bad, gambling is good if you have a good self control and money management.

It is okay if he promotes a gambling site because he has the choice to gamble or not. And if he chooses not to gamble, so much the better for him because he can save money for other things. But if he decides to use some of his money to gamble, that's fine too. At least he can have a gambling experience like the others, but he has to have self-control and everything else so he doesn't become addicted to gambling in the future. And it would be even better if he used his money to invest in bitcoin so he can get a chance to profit when the bull market arrives.

@OP seems a bit different indeed, promoting a gambling site but he doesn't gamble and doesn't want to do it. Indeed, this is only a choice of gambling or not. But if the Op chooses to leave gambling and invest in Bitcoin that is also a good choice. Crypto investment will be made in the long term and it will provide more value. But I myself would probably do some gambling using just a little money as entertainment. This will require self-control so that gambling is not addictive and costs a lot of money.

[nullama]

~snip~
@OP seems a bit different indeed, promoting a gambling site but he doesn't gamble and doesn't want to do it. Indeed, this is only a choice of gambling or not. But if the Op chooses to leave gambling and invest in Bitcoin that is also a good choice. Crypto investment will be made in the long term and it will provide more value. But I myself would probably do some gambling using just a little money as entertainment. This will require self-control so that gambling is not addictive and costs a lot of money.

Gambling, like everything else in life, can be a good thing if you keep control of it.

The same with alcohol, or any other thing that brings you some level of happiness, even eating food.

If you overdo it, then you will end up in a bad place. The problem with gambling is that it can be financially devastating really fast, so you always need to be in control.

[borovichok]

Gambling, like everything else in life, can be a good thing if you keep control of it.

The same with alcohol, or any other thing that brings you some level of happiness, even eating food.

If you overdo it, then you will end up in a bad place. The problem with gambling is that it can be financially devastating really fast, so you always need to be in control.

I'm on the safe side because I don't engage in gambling activities, have never considered it, and don't want to be in a scenario where I have to pick between my properties and betting, putting one in a bind. I started with cryptocurrency earlier on, and with consistency, I'm taking some important earnings from the market, as opposed to gambling, which is unpredictable and inspires some hope. Gambling is risky, and we have both positive and negative information when we strive in the market, anyways its just the matter of decision triggered, I bet gambling have good tast for the addictive ones.

[Weawant]

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.

I think gambling and investing are two different things. If you invest there is no chance of losing all your money. But if you gamble and lose you will lose all your money. And if you invest you will have very little profit.  .Gambling will give you more money than your investment if you win. So I think there is a big difference between investing and gambling.

Gambling has no guarantee of giving your profits and most gamblers lose than they win. You might win one bet but have lost multiple others. There's hope that you'll win one day when you keep gambling but when you invest there's more believe you'll make profits.

Gambling won't give more money than investing unless you're one of the  lucky gambler that all gamblers are hoping to become but when you make investments, all those that invested can make good profits if they have patience to wait for their investment to grow.

Investment give little profits when you sell your position too quickly or you invested very small amount of money. Only when gambling can you use small amount of money and make big profits. When that happens in investment, it is a high risk investment and not advisable.

[len01]

Gambling, like everything else in life, can be a good thing if you keep control of it.

The same with alcohol, or any other thing that brings you some level of happiness, even eating food.

If you overdo it, then you will end up in a bad place. The problem with gambling is that it can be financially devastating really fast, so you always need to be in control.

exactly. that all depends on the mindset of each adopting this gambling as entertainment or even as a place to earn or multiplier money. if someone assumes and has the mindset that this gambling will never give anything big except luck and lose more often, surely that person will gamble responsibly and have good control every time he wants to gamble.
different from someone who considers gambling as a place to find income, of course, they will always expect to win, even though they lose several times, they will keep doing it until they really get the big win they want, without knowing it, that is the beginning of destruction.

[maydna]

@OP seems a bit different indeed, promoting a gambling site but he doesn't gamble and doesn't want to do it. Indeed, this is only a choice of gambling or not. But if the Op chooses to leave gambling and invest in Bitcoin that is also a good choice. Crypto investment will be made in the long term and it will provide more value. But I myself would probably do some gambling using just a little money as entertainment. This will require self-control so that gambling is not addictive and costs a lot of money.

Perhaps, he prefers to promote gambling sites rather than gambling because he knows gambling is a choice. He probably also knew that playing gambling would not able to make money even if it was possible. And it is true that if the OP chooses to leave gambling and invest in bitcoin, he can benefit in the future, especially if he can afford to buy bitcoin in times of downturn. And everyone can reduce their gambling activities, but it depends on whether they want it. And in playing gambling, he must really be able to control himself so it doesn't become addictive.

[jostorres]

~snip~
I follow your last statement, discipline is very important on both sides, knowing your limitations and having the right set of expectations and proper executions, you may get some edge either in gambling or in trading, though if you don't have that discipline and you allow your emotions for sure the outcome will never go to your directions but most of the time it will turn against you.

The thing is that even if you don't have emotions involved, the math still applies, the casino has an advantage over the gambler, always.

So, in the long term there is no way that the gambler will ever win, the casino will always get the money in the end.

It doesn't matter if the gambler is not using any emotions and is very disciplined. Math tells you that.

Discipline or control over your emotions might not make you win in gambling since as you said it is all about random numbers, but these two things can surely save you from extreme losses. If you understand when you need to stop and when you should play more, you can save yourself from constant losses that many gamblers face either due to having no discipline or not being able to get over their emotions of anger and frustration.

We all understand that gambling is a game of luck and there is nothing else that can make you win if you are not lucky, but we should also know that limiting our losses is in our hands, whenever we see that we are not winning at all, we should understand that luck is not on our side and we should stop right there.

[BitcoinTurk]

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.

I definitely think your friends are being unfair and not making an accurate comparison. As proof of this, they never show more gains than losses. Cryptocurrencies are an investment tool just like commodities and stocks and as with any investment they only involve investment risk. The only review that can be made for cryptocurrencies as "gambling" is to trade with leverage only because of the high risk but it should be remembered that leveraged transactions are a method used in all financial assets. For this reason, I can easily state that cryptocurrencies trading and gambling games are not similar and it is wrong to consider both as gambling. The theory that your friends have stated in no way makes sense and has no logical explanation.

[Doan9269]

Gambling, like everything else in life, can be a good thing if you keep control of it.

The same with alcohol, or any other thing that brings you some level of happiness, even eating food.

If you overdo it, then you will end up in a bad place. The problem with gambling is that it can be financially devastating really fast, so you always need to be in control.

I'm on the safe side because I don't engage in gambling activities, have never considered it, and don't want to be in a scenario where I have to pick between my properties and betting, putting one in a bind. I started with cryptocurrency earlier on, and with consistency, I'm taking some important earnings from the market, as opposed to gambling, which is unpredictable and inspires some hope. Gambling is risky, and we have both positive and negative information when we strive in the market, anyways its just the matter of decision triggered, I bet gambling have good tast for the addictive ones.

As you've mentioned, gambling should not be mixed together with investment fund and it will not be a good idea to use the investments on your property which serves as assets to use for gambling, many have made this kind of mistake in the past and are regretting it today, there must be an orderliness in whatever we are doing while gambling such that one side must not be affected against the other on the long run.

[Josefjix]

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 on a different level than the crypto space. They're both distinct in my opinion, however some outside perspectives portrayed their notion because they've observed traders who deteriorate the market by not being willing to learn and open trades due to FOMO.  Investing in bitcoin is extremely perilous, but we aim for massive gains and make every effort to trigger favorable entrances on the chart. Gambling is built on increased odds, and we have a lot of gambling addicts that wager blindly because they are addicted and stuck on a losing streak. Gambling is triggered by random thoughts and recommendations, whereas cryptocurrency is completely expanded with catastrophic research.

[kamvreto]

Perhaps, he prefers to promote gambling sites rather than gambling because he knows gambling is a choice. He probably also knew that playing gambling would not able to make money even if it was possible. And it is true that if the OP chooses to leave gambling and invest in bitcoin, he can benefit in the future, especially if he can afford to buy bitcoin in times of downturn. And everyone can reduce their gambling activities, but it depends on whether they want it. And in playing gambling, he must really be able to control himself so it doesn't become addictive.

Yes it is indeed a matter of choice, for those who don't want to gamble and just want to promote it it won't be a problem. Gambling for those who don't have good self-control will be very dangerous, it will be the beginning of all the problems that will arise due to experiencing several addictions. Self-control is not just the will to continue gambling, but the management of the money used for gambling. try to stay on the safe track and not turn gambling into a main means of earning money. Gambling is only done as entertainment.

[BitcoinPanther]

Perhaps, he prefers to promote gambling sites rather than gambling because he knows gambling is a choice. He probably also knew that playing gambling would not able to make money even if it was possible. And it is true that if the OP chooses to leave gambling and invest in bitcoin, he can benefit in the future, especially if he can afford to buy bitcoin in times of downturn. And everyone can reduce their gambling activities, but it depends on whether they want it. And in playing gambling, he must really be able to control himself so it doesn't become addictive.

Yes it is indeed a matter of choice, for those who don't want to gamble and just want to promote it it won't be a problem. Gambling for those who don't have good self-control will be very dangerous, it will be the beginning of all the problems that will arise due to experiencing several addictions. Self-control is not just the will to continue gambling, but the management of the money used for gambling. try to stay on the safe track and not turn gambling into a main means of earning money. Gambling is only done as entertainment.

I can say self control is all about discipline, it is the safety lever that will keep us from drowning to gambling.  It is not only about bankroll management but also time management,  It is also the break when we seems to be hook to gambling.  In short self-control is the one that will save us from gambling addiction since all our gambling activities and expenses will be moderated.

I also agree that without self control is dangerous because gambling is very addictive and if we lost our self-control, it can be the start of our life ruin.  Gambling in moderation is not bad, it was proven to be beneficial to a person but getting addicted to it is another dangerous story.

[nullama]

~snip~
As you've mentioned, gambling should not be mixed together with investment fund and it will not be a good idea to use the investments on your property which serves as assets to use for gambling, many have made this kind of mistake in the past and are regretting it today, there must be an orderliness in whatever we are doing while gambling such that one side must not be affected against the other on the long run.

Yeah, investing in something is basically giving some project the chance to do something in the real world, like Apple, Microsoft, etc.

Gambling is simply buying a sensation that feels good. In the end the casinos will take all your money, it's based on math, it will always happen if you keep playing.

The only way to win against the casino is to win big once (which is rare), and then stop playing forever (which is rarer)

[maydna]

~snip~

Yes it is indeed a matter of choice, for those who don't want to gamble and just want to promote it it won't be a problem. Gambling for those who don't have good self-control will be very dangerous, it will be the beginning of all the problems that will arise due to experiencing several addictions. Self-control is not just the will to continue gambling, but the management of the money used for gambling. try to stay on the safe track and not turn gambling into a main means of earning money. Gambling is only done as entertainment.

What you say is true because if we don't prepare everything properly before gambling, we won't be ready if we experience defeat. It will trigger emotions to try to get back the money we lost. With self-control, we can control ourselves to quickly realize that playing gambling doesn't have to use a lot of money. And since our goal is just to have fun, we should stop having fun and not try to continue playing or recover lost money. We must remember that gambling is not a means to make money but only for fun.

[kamvreto]

I can say self control is all about discipline, it is the safety lever that will keep us from drowning to gambling.  It is not only about bankroll management but also time management,  It is also the break when we seems to be hook to gambling.  In short self-control is the one that will save us from gambling addiction since all our gambling activities and expenses will be moderated.

I also agree that without self control is dangerous because gambling is very addictive and if we lost our self-control, it can be the start of our life ruin.  Gambling in moderation is not bad, it was proven to be beneficial to a person but getting addicted to it is another dangerous story.

Discipline in all matters be it in financial management or discipline in the use of funds for gambling. So that there is no addiction that will result in bad things in the future. Gambling is indeed very addictive and it will be even more dangerous if there is no control. See how if someone is addicted to gambling, he is certainly never satisfied with the benefits he gets, especially if he always loses then he will continue to gamble without stopping.

What you say is true because if we don't prepare everything properly before gambling, we won't be ready if we experience defeat. It will trigger emotions to try to get back the money we lost. With self-control, we can control ourselves to quickly realize that playing gambling doesn't have to use a lot of money. And since our goal is just to have fun, we should stop having fun and not try to continue playing or recover lost money. We must remember that gambling is not a means to make money but only for fun.

Trying to get back the lost money is only a camouflage to continue gambling, even though the goal of those who are too addicted is to fulfill their gambling desires. they believe that they will win and hit the big Jackpot, but in reality they spend too much money. what was originally a means of fun instead became a place to throw all the money.

[Unbunplease]

Yeah, investing in something is basically giving some project the chance to do something in the real world, like Apple, Microsoft, etc.

Gambling is simply buying a sensation that feels good. In the end the casinos will take all your money, it's based on math, it will always happen if you keep playing.

The only way to win against the casino is to win big once (which is rare), and then stop playing forever (which is rarer)

The concept of big winnings is different for everyone. Gambling is what drives people in the first place. The opportunity to get an unforgettable feeling when the bookie slowly pulls out a card that can help you create a flush royal. All or nothing.

[Silberman]

I can say self control is all about discipline, it is the safety lever that will keep us from drowning to gambling.  It is not only about bankroll management but also time management,  It is also the break when we seems to be hook to gambling.  In short self-control is the one that will save us from gambling addiction since all our gambling activities and expenses will be moderated.

I also agree that without self control is dangerous because gambling is very addictive and if we lost our self-control, it can be the start of our life ruin.  Gambling in moderation is not bad, it was proven to be beneficial to a person but getting addicted to it is another dangerous story.

Self-control is like the brakes on a car, it is not precisely the most appreciated feature on a car but without it there will not be anyway for cars to be as widely used as they are, self-control will allow someone to navigate even the most difficult circumstances and still do well enough, and without a doubt when it comes to gambling we need to use our self-control, otherwise we could find ourselves losing money we could not afford to lose.