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Author Topic: What percentage of bitcoin investors are gamblers ?  (Read 771 times)
Docnaster
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December 29, 2023, 10:26:30 PM
 #141

What percentage of bitcoin investors are gamblers ?  Where will this figure be if we consider worldwide users ? I think it will be somewhere between 10-20% ? Also, it is possible that most of gamblers are still not bitcoin investors ? I see  less chances of the later happening.
All I will say is just from my personal observations and no real data to back it up. In my own case, I will use myself as a case study. I have known gambling before bitcoin, this is because gambling has been in existence for a very long period of time before bitcoin. Infact I will not be surprised if there are still people who know nothing about bitcoin. I mean many of them

Then, both gambling and bitcoin investment is about risk but while one is a professional risk, the other is not considered a professional risk. Every bitcoiner must have been risking in gambling before Bitcoin was invented. Maybe as bitcoin was birthed they decided to stick with bitcoin trading and investment and say bye to gambling. In conclusion, every bitcoiner must have gambled at a particular time but not all gamblers know about bitcoin.

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December 29, 2023, 10:36:26 PM
 #142

What percentage of bitcoin investors are gamblers ?  Where will this figure be if we consider worldwide users ? I think it will be somewhere between 10-20% ? Also, it is possible that most of gamblers are still not bitcoin investors ? I see  less chances of the later happening.
Not all that you see here's a gambler many people does not like to involve in gambling except that may their signature is participating fully in gambling so what they are trying to do is that getting the statistics of the forum members who is into gambling not many of them is a gambler because I know that forum will not more anger of someone to participate in gambling,  so therefore participating in a gambling is basically a personal understanding with you and gambling, some can discuss with issues of gambling but they can not gamble

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December 29, 2023, 10:51:53 PM
 #143

What percentage of bitcoin investors are gamblers ?  Where will this figure be if we consider worldwide users ? I think it will be somewhere between 10-20% ? Also, it is possible that most of gamblers are still not bitcoin investors ? I see  less chances of the later happening.
Not all that you see here's a gambler many people does not like to involve in gambling except that may their signature is participating fully in gambling so what they are trying to do is that getting the statistics of the forum members who is into gambling not many of them is a gambler because I know that forum will not more anger of someone to participate in gambling,  so therefore participating in a gambling is basically a personal understanding with you and gambling, some can discuss with issues of gambling but they can not gamble
Well, this is something the  truth that we might be seeing tons of gambling discussion thing but this turns out to be a typical requirement of their signature campaign on which it isnt really that hard to understand and making some responses into those gambling discussions unless if we do speak about into those main threads on specific sports then this is the time that you could really be able to differentiate into those people who are knowledgeable into gambling/betting compared into those people who arent really that playing at all which there are some time that these things are evident or something that you could really be able to notice out. Thisi is why its not shocking that not all would really be that gamblers who had posted into this thread.

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December 29, 2023, 11:22:30 PM
 #144

Compared to the general population, I think that Bitcoin holders are more interested to take risks.
Simply holding an asset that is as volatile as BTC will mean someone has a high risk tolerance and likely therefore to also gamble.

So with all the freedom and lack of restrictions associated to BTC I think it was a very good environment for gambling to flourish. It has been a very good combo so far. Personally though I think that gsmblers that are accustomed to gambling with FIAT are more inconsiderate with how they gamble. Might just be me but bircoiners want to HODL more than anyone holding FIAT.

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December 29, 2023, 11:27:54 PM
 #145

Every bitcoiner must have been risking in gambling before Bitcoin was invented. Maybe as bitcoin was birthed they decided to stick with bitcoin trading and investment and say bye to gambling. In conclusion, every bitcoiner must have gambled at a particular time but not all gamblers know about bitcoin.

That's a valid point. Even before bitcoin or the whole crypto in general was commenced, there are surely bitcoiners (or whatever you called it) that are already involved in gambling. Now learning the advantage of using crypto in gambling, others shift their gambling habit from the usual fiat gambling into crypto gambling.

Referring to bitcoin trading and any other bitcoin-related investments, these are just an added option for these crypto gamblers if they are interested in doing so. There are crypto gamblers who also involved themselves in trading while others just remain focus only on crypto gambling.
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December 30, 2023, 12:03:37 AM
 #146

Compared to the general population, I think that Bitcoin holders are more interested to take risks.
Simply holding an asset that is as volatile as BTC will mean someone has a high risk tolerance and likely therefore to also gamble.
That is almost a perfect parable if we compare it with risk. But, The risk itself is already also big, so there will be a possibility of 2x the loss if done simultaneously. I assume people will think twice if they will take also multiple risks. so that's a possibility percentage of fiat holders will be more than much playing gambling than bitcoin holders. Because the risk of fiat holders is smaller, so they will be more comfortable gambling than bitcoin holders. But, when we talk about convenience, of course, bitcoin holders will gamble more because it is easier to make transactions than use the fiat.

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