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Author Topic: Investment in gambling  (Read 1227 times)
EluguHcman (OP)
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February 03, 2024, 07:29:47 AM
 #1

Some persons says gambling is not an investment due to its risky levels but a game of entertainment while some persons says investments are likely to be gambling because you don't foresee the future and can't predict the later outcome.

I think I am exploring in this gambling spaces of risk bearers. While being aware about the techniques in the Ponzi Schemes of attracting the audience to invest lower amount and earns higher, the Investors runs greedily out of their emotional controls and then Invest more than they could afford to loose just because they are attracted by the returns of interests.
Now I am one of the audience (investor) who accepted to face the risk too with my own technical contrast that if it works as thought it is assumed that I won but if it doesn't, then it is assumed that I was late and has lost it.
Now, introduced to an ongoing Ponzi Scheme which I got interest on but then, I tends to know how long the platform has been lunched and the number of participants so I would know the risk level I could be, then I learnt it is about a month launched with about 200+ participants.
Drastically, I feel they are not closed to hitting the scam (platform cashes) button yet because they have less number of participants with minimum of funds in the platform yet which determines the factorizations of them considering to hit the scam buttons.
Now, the platform is programed on daily interests accumulations which can be withdrawn on daily basis depended on individuals decisions.
I already invested $20 on two of my accounts which I have   also made a total of $26 in less than 3 days through the daily withdrawal methods and yet my daily interests keep accumulating and I am up to make more cashouts. Lol.
At this level, I hope if anything compromised maybe they finally hits on the scammed buttons I am of no lost but has profited. So, I awaits them to do their worse. 😆.

This is the level States of mind this gambling space has inspired and aspired me to risks bearing. By so doing, I undertake this circumstances to be an investment because it has the potential to yield incomes and otherwise, it is accompanied with a gambling system because it comes with some analytical mindsets with indictments of greeds if not in control of your emotions. So, you either not invest with what you can't afford to loose or you faces emotional breakdowns.

This is my exploit and diverse in gambling of chasing profits.

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February 03, 2024, 07:44:20 AM
 #2

Investing is not gambling. In fact, if we invest carelessly, it is usually called gambling, but not in the true sense but only as a parable. Gambling is a game that involves risking money or something that has value and in reality it is very different from investment, and a ponzi scheme is a fraudulent motive that is usually affiliated with an investment motive, and I do not call it gambling but investment fraud

I never try to deliberately invest in something that will most likely be a scam in the future, but because you are ready for the risk and have good analysis before investing, then this is not a problem. But I like your way of managing risk


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February 03, 2024, 07:44:35 AM
 #3

I struggled to understand your post. It looks to me like you are comparing ponzi schemes to gambling, or likening it to be a form or gamble or risk.

If you choose to walk into a scam cause you believe you would be able to profit from it before it goes bust, that is your decision to make. But it is still a scam and should not be encouraged cause you are actively promoting something you know to be a scam.

This in my opinion is also not a topic for this board.

- Jay -

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February 03, 2024, 07:56:20 AM
 #4

Some persons says gambling is not an investment due to its risky levels but a game of entertainment while some persons says investments are likely to be gambling because you don't foresee the future and can't predict the later outcome.

I think I am exploring in this gambling spaces of risk bearers. While being aware about the techniques in the Ponzi Schemes of attracting the audience to invest lower amount and earns higher, the Investors runs greedily out of their emotional controls and then Invest more than they could afford to loose just because they are attracted by the returns of interests.
Now I am one of the audience (investor) who accepted to face the risk too with my own technical contrast that if it works as thought it is assumed that I won but if it doesn't, then it is assumed that I was late and has lost it.
Now, introduced to an ongoing Ponzi Scheme which I got interest on but then, I tends to know how long the platform has been lunched and the number of participants so I would know the risk level I could be, then I learnt it is about a month launched with about 200+ participants.
Drastically, I feel they are not closed to hitting the scam (platform cashes) button yet because they have less number of participants with minimum of funds in the platform yet which determines the factorizations of them considering to hit the scam buttons.
Now, the platform is programed on daily interests accumulations which can be withdrawn on daily basis depended on individuals decisions.
I already invested $20 on two of my accounts which I have   also made a total of $26 in less than 3 days through the daily withdrawal methods and yet my daily interests keep accumulating and I am up to make more cashouts. Lol.
At this level, I hope if anything compromised maybe they finally hits on the scammed buttons I am of no lost but has profited. So, I awaits them to do their worse. 😆.

This is the level States of mind this gambling space has inspired and aspired me to risks bearing. By so doing, I undertake this circumstances to be an investment because it has the potential to yield incomes and otherwise, it is accompanied with a gambling system because it comes with some analytical mindsets with indictments of greeds if not in control of your emotions. So, you either not invest with what you can't afford to loose or you faces emotional breakdowns.

This is my exploit and diverse in gambling of chasing profits.
If I get your point clearly, your saying you've invested in a Ponzi scheme, with a calculated attempt that before it will crash, you might have withdrawn your money. One thing I most let you understand is the fact that, Haven known that the scheme is fraudulent, but yet you went ahead to still invest in it, that means you're promoting ponzi scheme.
You shouldn't have invested your money into that kind of fraudulent scheme. trust me that's not gamebly, that is an illicit business and it shouldn't be compared to gambling in any form.

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February 03, 2024, 08:04:14 AM
 #5

Gambling with ponzi Is not gambling Is Just taking a stupid risk. Since these are sites designed to scam people.

Moreover I don't know if we can really talk about an investment with figures like that.
if you had to consider withdrawal, deposit and management costs you would practically have nothing left in your pocket

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February 03, 2024, 08:06:40 AM
 #6

I believe that in any investment, there are risks involved that you can never really eliminate. The best way is to make it really low and have that possibility of earning. Ponzi schemes have been rampant because of the wants or greediness of individuals activating their inner greediness to invest in that Ponzi scheme. I think investing in a Ponzi definitely is a bad idea because it's clearly a marketing ploy, but making sure that it's legal is the important thing.

Risk in investments and risk in gambling is quite different but tied up to luck I guess as well.

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February 03, 2024, 08:15:29 AM
 #7

I struggled to understand your post. It looks to me like you are comparing ponzi schemes to gambling, or likening it to be a form or gamble or risk.

If you choose to walk into a scam cause you believe you would be able to profit from it before it goes bust, that is your decision to make. But it is still a scam and should not be encouraged cause you are actively promoting something you know to be a scam.

This in my opinion is also not a topic for this board.

- Jay -

I thought I was the only one who had to take time to fully understand what OP was trying to discuss with us, I think he meant that investing in a Ponzi scheme and the risk associated with it can be considered close to gambling.
I have a lot of experience investing in a Ponzi scheme but when investing in this kind of platform you need to be at the right time if you're an early bird and you're good at referring people they will let you cash out, but once they hit profits and there are few or no money coming in, that's the time they will hit off the withdrawal button, then they will take down the site and will try to erase all their tracks, after a few weeks or months they have a new Ponzi scheme.
Investing in a Ponzi scheme is high risk because these kinds of platforms are not meant to stay long, compared to a casino's operation that lasts for years.

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February 03, 2024, 08:16:28 AM
 #8

I don't believe you are playing around with Ponzi scheme gambling sites. Such sites are created to deceive. those who do get little benefit from what they have deposited, and site managers may hope that gamblers who see an opportunity will make larger deposits.
the first thing they get is the way you feel. they can withdraw daily for a certain amount but when they start to think if they put in more money they can withdraw more money. this is really not good.
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February 03, 2024, 08:19:04 AM
 #9

Some persons says gambling is not an investment due to its risky levels but a game of entertainment while some persons says investments are likely to be gambling because you don't foresee the future and can't predict the later outcome.
If you are a gambler, gambling is not an investment. If you invest on a gambling platform, that is an investment. If you have a bankroll investment, that is also an investment. But as a gambler and you are gambling, that is foolishness if seen s an investment.

Ponzi and pyramidal schemes are investment means to scam. They are created in a way some people which are late investors will lose. So we can say it is a scam, not gambling.  Ponzi scheme is a scam.

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February 03, 2024, 08:19:45 AM
 #10

This is the level States of mind this gambling space has inspired and aspired me to risks bearing. By so doing, I undertake this circumstances to be an investment because it has the potential to yield incomes and otherwise, it is accompanied with a gambling system because it comes with some analytical mindsets with indictments of greeds if not in control of your emotions. So, you either not invest with what you can't afford to loose or you faces emotional breakdowns.

This is my exploit and diverse in gambling of chasing profits.

I don't thin kit's right to call gambling as a form of investing, or to say to investing that is all luck based and just gambling. The two are very different and we can distinguish them. First of all, gambling is luck based games that involve money and we can't invest money in it, except if we own the casino and run the games ourselves. When you gamble, you place a bet and you instantly know if you won or lost that round. There is no waiting for prices to change and maybe we make a profit, it's either win or lose. With investing on the other hand, we are actually getting ownership of something. It doesn't matter if it is stocks, bonds, crypto currencies, or commodities. In all these cases we own something, that has some value in the future. The price might go down, but even then there will be some value left and we can still sell our assets again. So, with investing it's much harder to lose all our money, compared when placing everything on a single gamble in the casino. If you find a strategy that works for you in gambling, then follow it, just don't think of it as a reliable income.
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February 03, 2024, 08:24:30 AM
 #11

if investing in gambling sites. it's better to buy the ico coin if a gambling site opens or creates a new coin.
Another thing is that gambling sites that have been trusted are not open investments. for example primedice, bitvest, staket or fortunejake. if it is trusted, it will not be scammed by the gambling site grinders.


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February 03, 2024, 09:16:15 AM
 #12

It's a big gamble.
Do not wait for them to run out, make them run out. Cheesy Get the ROI as fast as possible then take the profits if ever it's available. Waiting will get you nowhere especially if you know that it's a Ponzi scheme. I have not tried this type of investment yet so you can say I have really no idea about it.
But I did invest in gambling sites before and whenever I see profits I take it out, out means they don't have any chance to take it anymore. A wallet that only you have access to.
"It's better to be safe than sorry." Believe that. There are moments when one investment will just go bankrupt and run without any notice. I am actually lucky that the gambling site I invested with made a notice first and gave time to their investors to withdraw their funds before it was fully closed. It's rare to see a business in the cryptocurrency industry that would do that so I am thankful that I joined them.
Just be really careful with what you will invest in. It's true that high risk means high returns but paired with it is the risk of losing everything.

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February 03, 2024, 09:44:33 AM
 #13

Investing in most of this ponzi scheme is very risky and when we see them as gambling is another good thing because these site is also gambling and anyone putting money inside should know that they are gambling.

Sometimes the lost can not be endured because of overwhelmness of the profits and some of these websites doesn't last for about 90 days and when they succeeded hitting their targeted audience they would close down their website and go away with people's money. I do asked myself questions about these sites how did they made their profits to be given people such percentage in a daily basis have you come to ask yourself?

This is to show it's very risky and one shouldn't involved himself in this type of gambling which you called it investment.


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February 03, 2024, 09:56:32 AM
 #14

Investing in ponzi schemes is not gambling. It is pure stupidity. Unless you are the one who is running the ponzi, you will get nothing. Even if you get something somehow, is it worth it? Because your profits are somebody else’s losses. A ponzi scheme is a scam operation. It has nothing to do with gambling. People who “invest” in these schemes aren’t betting on anything. They only expect to see more people join the pyramid so their profits can multiply. People who promote/like ponzi schemes are not liked well here anyway so don’t talk positively about them here.

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February 03, 2024, 10:10:10 AM
 #15

Though gambling and investments has similarities like both needs us to take risks but the thing is they are totally different. Gambling is based on luck while investment is like acquiring an asset in the hope of it generating profit.



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February 03, 2024, 10:15:23 AM
 #16

Gambling with ponzi Is not gambling Is Just taking a stupid risk. Since these are sites designed to scam people.

Moreover I don't know if we can really talk about an investment with figures like that.
if you had to consider withdrawal, deposit and management costs you would practically have nothing left in your pocket

This sums up everything to what you posted, OP.

Let me share you my experience:

Back in 2018, I also invested in a ponzi scheme (USI TECH) wherein they promised returns within a couple of months. Surprisingly, my brother actually profited from that platform where his investments doubled in a matter of six (6) months. The funny thing is, we even attended a conference held in our country in which the creators of USI TECH introduced their product to us. After putting $100 worth of BTC, two (2) months after that, they quickly shut their website and ran away with my BTCs.

OP, gambling by risking your money in a ponzi scheme is not within the spirit of "gambling" in the sense of putting your money in a game of chance. Ponzi schemes are guaranteed scams in which they promise to return your money in a matter of days with ridiculous interest rates; while gambling in an online platform or casino has the immediate factor where you could cash in your money after risking it in a game.

In conclusion, gambling money in a ponzi scheme =/= gambling in a platform.

R


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February 03, 2024, 10:24:27 AM
 #17

What are you investing money on?

Assuming someone who takes high risk on Bitcoin with no proper investigation, they will end up buying at a wrong time, the top, but mind you, they have something worthy, only their ROI will take a very longer time to get back, but the value of the asset remains. This is the result of a careless investment on Bitcoin but thankfully Bitcoin is Bitcoin, something far more reliable than anything.

You can't do the same with other assets and mind you, gambling has nothing to do with investing, what are you investing into here? Unless you buy stock of the casino, that's the only reasonable way to invest in gambling, but visiting a casino with the hope of making more money is too unrealistic, that's why you need to wake the hell up, what you have left is you getting lucky, if not, you will lose everything, it's that obvious.

All those who expect so much in gambling, you all have my respect, I don't know where your confidence is coming from, the fairness meaning of gambling is enough to know where it's all going, it's crazy that some people do this with so much passion like they are building a new flying car or new innovation.

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February 03, 2024, 10:32:40 AM
 #18

Why do you consider investing to be gambling and then compare it to ponzi schemes? Then I guess it's contradictory unless you compare to the bankroll investment that casinos offer.

Anyway, I don't quite understand what you mean, but I'm trying to understand it a little better.

Remember in gambling there is no investment - you're just there to play with the luck of the draw and if you consider it an investment then it's a different thing. You might know where the good investment places are even though there are risks, but I don't think that's gambling and here is a game where you will lose money.

R


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February 03, 2024, 10:41:53 AM
 #19

Well, it is clearly stated that... This is my exploit of how I have been nurtured in risk bearing through my experiences of gambling.
However, this wasn't formally stated to be gambling rather it is an in-between same mindsets required of gamblers which are risk bearing with the stakes of funds including the unpredictability of when it could go south.

For those who craves that I am illiciting the promotions of Ponzi Scheme, not as thought actually. This can't come when I have already cleared my mind that I already believe it is possible to be scamming (fraudulent) strategy.
However, maybe I should let some of us know that this gambling stuffs is specifically a risky Indulgences that stakes of valuables are required with the targets to obtain a targeted desire. And there it goes to my motive of chasing after profits with my money in such a risky system that I am aware of that it can be lost at any given time just as gambling is unpredictable to be won and we are likely to lost at 99 times in gambling and could only secure a 1 time winning at the cost of this so legitimate gambling.
Meanwhile... There are also certain places whereas, gambling is termed illegal in the societies and yet, there are still persons who goes ahead and deal with it behind closed doors.

I am a reputable gambler and yeah, I am opened to invest on any form with the potentials of offering benefits. What I can not afford in-between this lines is indulging in the system of frauding anyone. But dupe yes, I can take chances to achieving at any opened privileged to risky my funds for multiplications.

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February 03, 2024, 10:44:39 AM
 #20

Investing is not gambling. In fact, if we invest carelessly, it is usually called gambling, but not in the true sense but only as a parable. Gambling is a game that involves risking money or something that has value and in reality it is very different from investment, and a ponzi scheme is a fraudulent motive that is usually affiliated with an investment motive, and I do not call it gambling but investment fraud

I never try to deliberately invest in something that will most likely be a scam in the future, but because you are ready for the risk and have good analysis before investing, then this is not a problem. But I like your way of managing risk
They are two different things and i think what the person is talking about gambling i think is trying to tell how risky investing can be so as gambling but they are different. Because investment your capital is there and your profit is there also and gambling you can loss your money at a spot and also have a good opportunity to make money. Ponzi scheme are for lazy and greedy people i prefer to gamble than go into ponzi, it is more Fraudulent. So  people are just looking for a way out and that is why they engage in what ever they are doing, and out of all both investing and gambling are my thing. And still gamble everyday every minute but investment and gambling carry the same risk. And even does that invested in scam projects feel that the project will change there story. And even with ur research you might not even discover.

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