passwordnow
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April 01, 2024, 03:32:07 PM |
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Usually rich people mostly participate in gambling for fun. Because they have no shortage of money, they love to gamble, but those gamblers who indulge in gambling because of the greed of money usually face more losses. So it is better not to choose gambling as a source of income, whenever you choose gambling as a source of income you will start losing again. Because you can't free yourself from thinking and being addicted to money, you are more likely to become addicted to gambling and lose.
Many of the rich gamblers doesn't really have to think of the money that they're going to lose. If they lose this day, they'll generate new money tomorrow and that's how they do it with their businesses or riches. The wrong call with many other gamblers is about thinking that gambling can be an investment which is partly correct and wrong. Investment in the sense that you have invested to the casino itself but you're not a gambler. The other one that's being thought is that you deposit with your money and you'll gamble it through the casino as a gambler. Not every deposit you do is gonna be called as an investment. It is far from being a real investment that will just grow overtime based on the asset and investment that you've chosen. The casinos have got their own investments as well that are being offered to their users but majority of the casinos today have limited their investment offers through their bankroll investing.
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Dewi Aries
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April 02, 2024, 08:48:53 PM |
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Usually rich people mostly participate in gambling for fun. Because they have no shortage of money, they love to gamble, but those gamblers who indulge in gambling because of the greed of money usually face more losses. So it is better not to choose gambling as a source of income, whenever you choose gambling as a source of income you will start losing again. Because you can't free yourself from thinking and being addicted to money, you are more likely to become addicted to gambling and lose.
Many of the rich gamblers doesn't really have to think of the money that they're going to lose. If they lose this day, they'll generate new money tomorrow and that's how they do it with their businesses or riches. The wrong call with many other gamblers is about thinking that gambling can be an investment which is partly correct and wrong. Investment in the sense that you have invested to the casino itself but you're not a gambler. The other one that's being thought is that you deposit with your money and you'll gamble it through the casino as a gambler. Not every deposit you do is gonna be called as an investment. It is far from being a real investment that will just grow overtime based on the asset and investment that you've chosen. The casinos have got their own investments as well that are being offered to their users but majority of the casinos today have limited their investment offers through their bankroll investing. I understand what you are saying which means that rich gamblers don't really care about losing or losing doesn't have a fatal impact on their financial balance which is because they have income from many sources of business that they run so losing in gambling may not really matter, but still it also depends on the amount of defeat because if for example it turns out that the amount of defeat is large then obviously it will definitely disrupt the financial situation. Gambling is not a kind of investment, although both have the possibility of loss but still these two things cannot be equated because it is clear as we know that there are quite a lot of people who have managed to achieve success by investing, while I have never seen any gambler who managed to achieve success only by gambling which is nothing more than a "possibility" activity full of uncertainty. But the story will be different if you put money in the casino to help develop the casino, such as working with the casino which means you are not a gambler but someone who helps budget to develop the casino which means yes it can be called an investment because there will be a profit sharing agreement with the croupier from the revenue generated by the casino, if you are a regular gambler but say that gambling is an investment activity then it is wrong, because most likely you will only make the casino richer with the number of losses you will experience.
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betswift
Copper Member
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April 02, 2024, 10:48:34 PM |
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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.
Investing in a project that exhibits the characteristics of a Ponzi scheme would indeed be highly risky and is generally considered a scam. The structure of such schemes is unsustainable and illegal, as they don't generate any actual profit. Im not sure why you did it, but for sure it's not an investment and not gambling.
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DaNNy001
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April 02, 2024, 10:58:13 PM |
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Usually rich people mostly participate in gambling for fun. Because they have no shortage of money, they love to gamble, but those gamblers who indulge in gambling because of the greed of money usually face more losses. So it is better not to choose gambling as a source of income, whenever you choose gambling as a source of income you will start losing again. Because you can't free yourself from thinking and being addicted to money, you are more likely to become addicted to gambling and lose.
Many of the rich gamblers doesn't really have to think of the money that they're going to lose. If they lose this day, they'll generate new money tomorrow and that's how they do it with their businesses or riches. The wrong call with many other gamblers is about thinking that gambling can be an investment which is partly correct and wrong. Investment in the sense that you have invested to the casino itself but you're not a gambler. The other one that's being thought is that you deposit with your money and you'll gamble it through the casino as a gambler. Not every deposit you do is gonna be called as an investment. It is far from being a real investment that will just grow overtime based on the asset and investment that you've chosen. The casinos have got their own investments as well that are being offered to their users but majority of the casinos today have limited their investment offers through their bankroll investing. I don't really see how this matches up, so its possible for someone to actually give the casino money as part of investment without gambling there, I don't really get🤔🤔. For me what I feel is being related here is when gamblers have hope that the funds they are actually losing is being kept as investment until the day they win it back with the hopes of even winning bigger but truth be told that's wildly impossible but a small percentage of gamblers do actually get to win above that threshold of money lost but it very rare.
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Pi-network314159
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April 04, 2024, 12:12:17 AM |
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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 -
Sincerly speaking I am equally as confused as you are. But what I understand from peoples coment I believe he is talking about investing or gambling on Ponzi scheme. But I don't fancy gamble on Ponzi scheme instead I use it to buy some Bitcoin and allow it to grow gradually than investing it on Ponzi.
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dansus021
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April 04, 2024, 05:26:36 AM |
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Investment in gambling this is not new to me I hear there was also an investment in a gambling site back in 2015 so basically a user can invest directly into platform to earn more money without doing nothing back then there is a site called bitdice.me if I don't mistake offered service like this but the APY usually no fixed and can up and down on weekly or monthly basis.
What site did you invest your money currently?
Today Im rarely see a gambling site offered investment for its user the last time I heard is BitVest they offered gambling site and investment at the same time but I never tried it before. Tho most gambling sites is profitable but I don't recommend this personally because the high risk of being loses and not fixed apy
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Out of mind
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April 04, 2024, 05:35:48 AM |
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As for the difference between gambling and investing, I think gambling is a risky proposition. When you gamble, your money is most likely to be lost and there is the most risk involved. But when you invest you definitely don't risk it as it will help you a lot to hold for long term from which you can get huge amount of money profit. But people are basically more interested in gambling in this regard, and they expect more profit from gambling. Although people gamble to get rich quick because a person always thinks about his luck and gambles so that he can hit the jackpot and own money quickly. But most of the time such risk never works for individuals, rather few people have such good luck and can hit the jackpot. Now, investing can be done by all types of people, but you have to invest as much money as you can afford to lose. As much money as you can afford to lose in any business, you have to put money into it only if you are able to make some profit from that investment in the future. But investment can expect much more profit compared to gambling and if it is invested for long term then you will surely get good profit from it at some time. So I think investing is the best but gambling it can lose you money anytime and ruin your life if you become addicted.
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fikrett
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April 08, 2024, 09:41:49 PM |
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As for the difference between gambling and investing, I think gambling is a risky proposition. When you gamble, your money is most likely to be lost and there is the most risk involved. But when you invest you definitely don't risk it as it will help you a lot to hold for long term from which you can get huge amount of money profit. But people are basically more interested in gambling in this regard, and they expect more profit from gambling. Although people gamble to get rich quick because a person always thinks about his luck and gambles so that he can hit the jackpot and own money quickly. But most of the time such risk never works for individuals, rather few people have such good luck and can hit the jackpot. Now, investing can be done by all types of people, but you have to invest as much money as you can afford to lose. As much money as you can afford to lose in any business, you have to put money into it only if you are able to make some profit from that investment in the future. But investment can expect much more profit compared to gambling and if it is invested for long term then you will surely get good profit from it at some time. So I think investing is the best but gambling it can lose you money anytime and ruin your life if you become addicted.
I’d agree with the core of your argument, gambling and investing both involve risk, but their approaches are fundamentally different. Gambling relies on luck for quick wins but often leads to losses and can be addictive. Investing, on the other hand, is about careful analysis and long term strategy, aiming to minimize risk and grow wealth over time. While both can be risky, investing is generally seen as a more sustainable way to achieve financial growth.
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casinosfyi
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April 10, 2024, 10:00:36 AM Last edit: April 14, 2024, 08:14:24 AM by casinosfyi |
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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 villento 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.It is more probable to invest in classic casino stocks. Casino stocks are based on locations - online casino vs land based casinos. The casino always have the edge when you gamble, but opposed gamblers, investors in casino stocks are on the right side - the earning side. Online gambling is good investment, and casinos businesses pay investors large profits from the casinos's revenues, without gambling on a single dime.
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knowngunman
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 10, 2024, 10:32:33 AM |
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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 -
Sincerly speaking I am equally as confused as you are. But what I understand from peoples coment I believe he is talking about investing or gambling on Ponzi scheme. But I don't fancy gamble on Ponzi scheme instead I use it to buy some Bitcoin and allow it to grow gradually than investing it on Ponzi. We are many struggling to get the actual details of this post. At first, seeing the topic of the thread I think he wants to talk about investment in gambling but reading through the thread, all I see is how he risk his money on a ponzi platform. Well, what Op fail to understand is that these three things gambling, investment and ponzi are not the same and they operate on different level. Op is into ponzi and he's very much aware but he may likely regret it because the strategy and techniques he thinks works for him doesn't always play out. Some ponzi platforms don't care whether they have less participants or not, they can run away anytime they feel their mission is accomplished. Risking someone's hard earned money in ponzi is never an investment and should not be publicly encouraged.
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Pumared
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 22, 2024, 02:31:23 PM |
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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 -
Sincerly speaking I am equally as confused as you are. But what I understand from peoples coment I believe he is talking about investing or gambling on Ponzi scheme. But I don't fancy gamble on Ponzi scheme instead I use it to buy some Bitcoin and allow it to grow gradually than investing it on Ponzi. We are many struggling to get the actual details of this post. At first, seeing the topic of the thread I think he wants to talk about investment in gambling but reading through the thread, all I see is how he risk his money on a ponzi platform. Well, what Op fail to understand is that these three things gambling, investment and ponzi are not the same and they operate on different level. Op is into ponzi and he's very much aware but he may likely regret it because the strategy and techniques he thinks works for him doesn't always play out. Some ponzi platforms don't care whether they have less participants or not, they can run away anytime they feel their mission is accomplished. Risking someone's hard earned money in ponzi is never an investment and should not be publicly encouraged. Unfortunately, we still have people who believe in and risk their hard-earned money in ponzi schemes. These are the people who end up generating engagement so that these types of scams continue to occur. Therefore, if you are going to bet, look for renowned platforms that have a safety record.
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yudi09
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April 22, 2024, 02:50:16 PM |
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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.
-snip-
Gambling is not an investment and investment cannot be the same as gambling. Investing capital investment activities for a certain period of time to expect a return. Investment consists of several types that can be done by someone who wants to do it. Gambling is an action carried out by risking. If the choice is correct or the game played wins, the player will get a reward. I can't clearly understand what you mean. For example, if I choose to invest in Bitcoin or gold, can my action be considered gambling because I never know the price of Bitcoin and gold in the future. Don't confuse gambling with investing.
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Accardo
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April 22, 2024, 03:02:21 PM |
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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.
-snip-
Gambling is not an investment and investment cannot be the same as gambling. Investing capital investment activities for a certain period of time to expect a return. Investment consists of several types that can be done by someone who wants to do it. Gambling is an action carried out by risking. If the choice is correct or the game played wins, the player will get a reward. I can't clearly understand what you mean. For example, if I choose to invest in Bitcoin or gold, can my action be considered gambling because I never know the price of Bitcoin and gold in the future. Don't confuse gambling with investing. Nothing is confusing about the perspectives of people regarding gambling. When the word "gambling" is mentioned, I don't quickly think of the casino, my thoughts fall in similar sense of what Op just said. For instance, when you invest into cryptocurrency and you're not sure of the outcome, it sounds as gambling to a lay man. But already existing crypto users wouldn't see it as gambling, because of their knowledge of bear and bull run. Then hodling techniques. Yet in a more literal sense whatever a person does and isn't sure of the results or outcome can be tagged gambling. Because that's what gambling does to its participants. Coming to the concept of the casino games and gambling industry, participating in gambling isn't an investment, due to the nature of the game, and how people can easily lose out all their efforts. So, the meaning can be affected based on the different context. A person can decide to gamble on a decision that'll make his next day better. Since he doesn't know what is about to happen the next minute, he's only speculating, and his decision may not work as planned.
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Reid
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 22, 2024, 03:07:21 PM |
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Yolodice was the best platform before when it comes to gambling investment. As of now, I've checked other gambling sites and they are paying less interest on this kind of scheme. It's given especially with the wild movement of Bitcoin and altcoins so I think they are just trying to keep themselves safe from getting bankrupt when something big suddenly pops out. I think I'd rather keep my Bitcoin for now because with this high fluctuating market, scams are just in the shadows waiting to attack.
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Dewi Aries
Legendary
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Activity: 2800
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Leading Crypto Sports Betting & Casino Platform
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April 22, 2024, 03:57:38 PM |
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We are many struggling to get the actual details of this post. At first, seeing the topic of the thread I think he wants to talk about investment in gambling but reading through the thread, all I see is how he risk his money on a ponzi platform. Well, what Op fail to understand is that these three things gambling, investment and ponzi are not the same and they operate on different level. Op is into ponzi and he's very much aware but he may likely regret it because the strategy and techniques he thinks works for him doesn't always play out. Some ponzi platforms don't care whether they have less participants or not, they can run away anytime they feel their mission is accomplished. Risking someone's hard earned money in ponzi is never an investment and should not be publicly encouraged.
Unfortunately, we still have people who believe in and risk their hard-earned money in ponzi schemes. These are the people who end up generating engagement so that these types of scams continue to occur. Therefore, if you are going to bet, look for renowned platforms that have a safety record. The point of the problem in my opinion is in their understanding, or I mean they misunderstand what gambling really is and most likely they only see in terms of winning opportunities without noticing that in gambling there are other things that are far more dangerous such as the significant negative impact that will appear when someone enters the addiction phase consciously or not. As you said that many people risk the amount of money from their hard work at work, if for example the amount allocated is in accordance with their abilities then maybe it will not be too much of a problem, but as a fact that most of them risk a really large amount of money that there are even some of them who risk everything in just one round that is full of uncertainty. On the other hand, I do agree with you that it is advisable to look for some reputable casinos that are trusted by most people to minimize the possibility of ponzi schemes, it can be relied upon although not completely.
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harapan
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2024, 04:14:21 PM |
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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
That's a very reliable fact,investing can not be gambling and the other way round,the risks from investments and gambling are equally not the same. Investing is a great way of building and accumulating wealth,meanwhile,gambling has its way of making people benefits from it's games which I clearly don't have a solid understanding. The problem people have is in their awareness and understanding,gambling and investing should mean different things to different people,the truth is that we still have people that mispractices these financial services.
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Jody.Drummer
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June 20, 2024, 04:25:05 PM |
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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
That's a very reliable fact,investing can not be gambling and the other way round,the risks from investments and gambling are equally not the same. Investing is a great way of building and accumulating wealth,meanwhile,gambling has its way of making people benefits from it's games which I clearly don't have a solid understanding. The problem people have is in their awareness and understanding,gambling and investing should mean different things to different people,the truth is that we still have people that mispractices these financial services. If we look at it in terms of risk then yes of course both have risks or that means investment and gambling are risky activities but of course there are differences in the amount of risk and benefit in these two things, in investment yes as you said that it is a place that can be used as an intermediary to accumulate wealth and it has been proven that many people have managed to achieve wealth by educating themselves in an investment, meaning that although investment has risks but also has the potential for greater rewards, that's a fact but it still depends on how someone manages and maintains his investment properly. While in gambling, whoever you are and no matter how much money you allocate in some games, you will still end up in one of the two possibilities between winning or losing, and the result can never be known before you end the session. So I will explain simply that investing is a risky activity but has the potential for huge profits in the long run, while in gambling you will never know about the fate of the money you allocate because gambling is always an activity that can never be predicted by the results and also gambling is an activity that can never be learned so anyone will never know about any way that can really produce, the striking difference is that there is no element of consistency in terms of producing wins in gambling.
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OgNasty
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June 20, 2024, 05:54:48 PM |
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I’m sure I’ve likely commented this on this thread before, but “investing” in gambling is nonsense. That’s like saying you’re investing in a Pay Per View fight by ordering whatever fight is coming up. Sure, you’re investing some money in your entertainment consumption, but that’s it. Gambling is just plain and simply not an investment.
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Su-asa
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June 20, 2024, 06:00:50 PM |
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I’m sure I’ve likely commented this on this thread before, but “investing” in gambling is nonsense. That’s like saying you’re investing in a Pay Per View fight by ordering whatever fight is coming up. Sure, you’re investing some money in your entertainment consumption, but that’s it. Gambling is just plain and simply not an investment.
Investing on a casino makes no sense but some rich folks don't know what to spend their money on so they might want to invest on a casino. However instead of investing on a casino it's better to partnership with them, at least that's a little more fair than to invest in a casino. It would be also fair when one partnership with them when the casino is not popular so they can make profits together (based on the agreement they had).
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Nwada001
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June 20, 2024, 06:11:50 PM |
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Investing on a casino makes no sense but some rich folks don't know what to spend their money on so they might want to invest on a casino. However instead of investing on a casino it's better to partnership with them, at least that's a little more fair than to invest in a casino. It would be also fair when one partnership with them when the casino is not popular so they can make profits together (based on the agreement they had).
So what's the difference between investing in a casino and partnering with them? Are both of them not almost the same thing? You need to put your money into it, and at the end of the day, you will expect a reward from them, which is allowing your money to work for you. The only type of gambling investment I don't see as wise is the one where you will have to give your money to the gambler to use and gamble, and when there is a profit from it, you both share the reward. This kind of investment is not far from the person also gambling with that money with his own hands.
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