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Author Topic: Bitcoin Investment VS Betting 😱😱😱😱  (Read 1317 times)
Wiwo
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February 14, 2024, 07:04:43 PM
 #21

The thing be say,  some people done get alot of misunderstanding about the concepts of becoming,  because most of them think that Bitcoin is some get-rich-quick scheme that they put in small money and yield high returns overnight,  this mindset has affected them to the point of them going into investing in a wrong coin, thinking they investing in bitcoin,  and taking it as a gamble.

Many of them think this way but in reality,  Bitcoin is far away from being a gambling tool because in gambling you either lose whole or part but in Bitcoin you never lose a bit as long as you are holding the Bitcoin.

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February 14, 2024, 09:36:24 PM
 #22


no matter how you predict di outcome of di game, na by luck you fit to take win.

Yes oo, this na one of the major difference between bitcoin investment or any other investment and betting ,the luck factor.
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February 14, 2024, 09:46:38 PM
 #23

The thing be say,  some people done get alot of misunderstanding about the concepts of becoming,  because most of them think that Bitcoin is some get-rich-quick scheme that they put in small money and yield high returns overnight.

Yea thanks allot for your contribution on this matter, I think this whole matter just as you talk , na the mind set way people they take follow this Bitcoin investment , any person way follow am like betting e go dey like betting for the person ☺️☺️☺️☺️😅😅😅😅
It's just the mind set a person approaches it with.
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February 16, 2024, 10:54:37 AM
 #24

The argument is not important don't waste time arguing with him he should continue with his reasoning why people are making good profit from investing on bitcoin.The fact is that  there are people who do argue ignorantly they dont know the difference between an investment and chances or luck. They don't have informed knowledge about Bitcoin, maybe he is saying that based on the perspective of trading buying and selling for short term gains not the investment aspect which involves holding bitcoin for a long term for profit. Betting is a total different thing from bitcoin investment, betting is like taking a chance while bitcoin investment involves taking strategic approach for growth.
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