Gamble with what you can afford to lose can actually make a good investment

[SmartGold01]

With all humanity, I have came across several topics and thread that speaks about gambling with what we can afford to lose, sometimes this kept me wondering and pondering why this words "Gamble with what we can afford to lose" is always common. Okay let me digress from that, and come to think of this you will see people gambling with at least $1 to $100 or even more this is dependent of what anyone can risk right? Yes!

Put this in places that if you keep those money into investment do you know how much you would gain by the end of the month or year without even you making such profits while gambling but yet we kept preaching the word "gamble with what you can afford to lose" why not some people use that same money to go into bitcoin investment or any other investment that could help their lives rather than wasting them into gambling and even secure a better winning themselves.

Does this really make sense, sometimes I have to reason twice and come to think about something very important which we don't always pay heed to because we always believe that when spending about $1 to $4 is something we can afford to lose right but, it may surprised you if you Sum all this little dollars into investment and savings you (we) would probably make a good investment and savings at the process reducing our gambling rates and lost.

Let us discussed to if this can save someone from gambling addiction.

[salad daging]

Why do people gamble because they know there are interesting games with different sensations on the other hand there is what they want which is to get money instantly so gambling when you are lucky then you will get money instantly.

Maybe with your thoughts you agree why don't they invest in bitcoin or other assets? I'm sure they have a different view, how do they remain bitcoin investors while the rest can still gamble? I know they have money to throw at gambling but they are prepared to lose it.
So in essence their "fun" has been let's say spending $20 if not a problem but investment should be the top priority.

[Oshosondy]

Because someone is gambling, does not mean the person is not investing. If truly you are gambling with what you can afford to lose, you will have savings and also plan your future. But the problem is when you are gambling with what you can not afford to lose. And that is the addiction that people are talking about if frequent.

If someone sees that he is not able to control himself or herself while gambling and if gambling is taking too much from the person, the person should stop gambling. The money that should be spent on gambling should be peanuts money.

[stomachgrowls]

We are aware that investment and leisure/entertainment isnt really that equal. If people do tend to make use of their funds for the sake of gambling for fun then we arent that sure that they are also investing in crypto too.
There are really just those people who are really that willing to spend up for the entertainment and thrill they do seek without compromising or affecting out their current investment. We dont know if that particular
person havent been able to invest or simply had done that already but just decided to play? There's no way that we can tell. I do understand your concern about investing rather than on busting it up all in gambling
which we know on which one is really that worth. So it would be always ended up on someones choice because there are investors who turns out that having gambling as their past time but doesnt mean that they
dont have any investment in background.

[electronicash]

a year of waiting is too long to wait that's why wagering the BTC first can be tempting. and resisting can be very hard to do when you are surrounded by casino links.   it's an uphill battle.

i'm sure most gamblers here are also investors. those coins they use to bet are just the ones they earn from signatures, those coins are just circulating in this small economy that includes the casino and the users in the forum. if we discuss how much we earn in bull run, those guys are still earning more from investment.

[Z.H.I.E.N.D]

I'm on your side because I'm not 100% gambler, sometimes I'm surprised by these people, letting their money just go to the gambling house without knowing what they can do by accumulating small money which they call "afford to lose". But we also have to realize that these gamblers are just looking for fun, can they get the fun from investing their little money? no, they only get profit but not fun or what we usually call entertainment.

Z.H.I.E.N.D

[chaser15]

We can classify generally all gamblers like these:

- Not all people have a business mindset, the same way as not all gamblers also don't have a business mindset
- Not all gamblers are not used to doing business
- Some gamblers already have a stable financial source of income therefore spending money on gambling is just a piece of cake
- Most gamblers want "a quick road to profit" within just short term

We can't apply to every gambler what we want them to do instead of spending money on gambling.

Let's hope they will soon realize to quit gambling for good if everything is turning into worst already.

[crwth]

Of course, the purpose is very different regarding gambling and investment. The first one gives you entertainment and the fact that you will want to make quick money out of the thing you invested in gambling. For investments, you would be expecting some return but not right away. I think it's going to beat the challenge for people to convert what they are using for entertainment to gambling because it's what they want. They would just only realize what they have lost when they lose it. It's always the case, right?

II do hope people would change to really affect themselves lead better lives and not lose it all, unless they are always winning and probably can risk a lot of money.

[_act_]

Of course, the purpose is very different regarding gambling and investment. The first one gives you entertainment and the fact that you will want to make quick money out of the thing you invested in gambling.

Point of correction. Gambling is not an investment unless you invested money in a way that gamblers will lose and you will gain as the gambling site is gaining. That is if you invest on the gambling site or you do bankroll investment. But if you are gambling, staking your money, that is not an investment but gambling. It has no name than gambling and it is very risky.

[uneng]

Put this in places that if you keep those money into investment do you know how much you would gain by the end of the month or year without even you making such profits while gambling but yet we kept preaching the word "gamble with what you can afford to lose" why not some people use that same money to go into bitcoin investment or any other investment that could help their lives rather than wasting them into gambling and even secure a better winning themselves.

Someone can't use their money for expenses and investments purposes only. It becomes too stressing at some point to limit or forbid yourself from having access to entertainment, as everyone needs a dosage of this in order to bear the burden of daily life without going completely depleted and exhausted. That is why people destinate a portion of their total income to gambling, while others destinate a portion to going to the movies, travelling, going out and so on...

We can't neglect one sector of your life to reinforce the others, because it will create an imbalance which is very harmful on long run to our emotional. In the beginning of adulthood I think some sacrifices can be made without major negative consequences, but once you advance in age, you start feeling annoyed if you don't have access to entertainment as you wish you could. You feel like you need to spend money with yourself sometimes and stop caring about expenses and investments for a while. And if you don't do this, life starts getting unbearable.

[cabron]

We are all investors and at the same time gamble for quick bucks. And I think we are giving more importance to our BTC investments than our bets which we can actually quit any time but investing in BTC is not going to be something to quit.

Gamblers in the forum are just as investors of BTC, some of us are just using altcoins to bet in the casinos which you could translate to gambling the money they can afford to lose.

[Zlantann]

Let us discussed to if this can save someone from gambling addiction.

The evergreen phrase " gamble with what you can afford to lose" makes a whole lot of sense. It is the best advice to give to a newbie in the gambling sector. This advice is for people to only use funds so that even if they lose them, it will not affect them negatively financially, emotionally, and otherwise. You seem to be more concerned about losses but you also fail to understand that these little bets have made people win big. Many people have been lucky to become millionaires through gambling. When you engage in gambling you are taking a risk to lose or win and if you win that's your luck and losing should as be endured. It is also important to note that you don't use the money you are supposed to invest and use it for gambling.

Some people spend money on cigarettes and other habits so if I decided to put in little funds on gambling, that's not bad. And this small gambling money will not stop me from investing in Bitcoin, rather it can help me to accumulate more if I luckily win big.

[Samlucky O]

The word gamble what you can afford to lose might looks like a dead trap where people indirectly waste there money instead of saving them or Investing them on Bitcoin. But I see another picture in what you are saying.  Before someone plays gamble, I believe the person has already marked out his schedule on how the month will be. Like investing in Bitcoin on weekly DCA, mapping out emergency fund, and settling the family needs. By so doing there will be some changes and there is no wrong in playing gamble with your spear money its only those who don't invest in Bitcoin but take gambling as a business or investment will be given such advice. Every money is not for bitcoin investment. If we want to do it like that, that means we will start to see the money we use for feeding as also an investment money. Or money we use for clothing should also be use for Bitcoin Investment.

[Oilacris]

Of course, the purpose is very different regarding gambling and investment. The first one gives you entertainment and the fact that you will want to make quick money out of the thing you invested in gambling.

Point of correction. Gambling is not an investment unless you invested money in a way that gamblers will lose and you will gain as the gambling site is gaining. That is if you invest on the gambling site or you do bankroll investment. But if you are gambling, staking your money, that is not an investment but gambling. It has no name than gambling and it is very risky.

The only moment we could really be able to say that we are making investment is on the time that you are investing on gambling sites bankroll or you are really that going against other players
and not on joining them on which this is the moment that we can tell that we are making investment. Just like the rest been saying that investing and gambling is different thing. It doesnt really need up that too much technical knowledge or approach for you to understand this simple situation on which it would really be that best that you should really know on how to spend up your money basing
up into your aims. If you do go for entertainment then gamble only on the amount on which you can afford to lose but if not and you do prefer on going for making profits then investment would be the key.

[Z-tight]

There are many people who gamble and they also invest, the two of them are not mutually exclusive; you can do the both of them. There is nothing wrong in gambling, that is if you gamble with what you can afford to lose, and if it is not against your religion or what you believe in. Take note that even though people lose money through gambling, there are also people who make money through gambling, if they are lucky. It is also worth mentioning that investment is also a risk, so you must invest what you can afford to lose and gamble responsibly.

[crwth]

Of course, the purpose is very different regarding gambling and investment. The first one gives you entertainment and the fact that you will want to make quick money out of the thing you invested in gambling.

Point of correction. Gambling is not an investment unless you invested money in a way that gamblers will lose and you will gain as the gambling site is gaining. That is if you invest on the gambling site or you do bankroll investment. But if you are gambling, staking your money, that is not an investment but gambling. It has no name than gambling and it is very risky.

Maybe there's a better term for that but in essence, it's almost the same. You risk money. Isn't that the same? Is the difference just between the risks involved? Or the actual action itself?

[sokani]

Bitcoin investment is more profitable but every crypto investment is a risk and it comes with the same warning, invest what you can afford to lose. The same applies to gambling. Gambling with what you can afford to lose doesn't really mean you're dashing out your funds to the bookies. You still need to take caution, analyse your bets carefully before wagering. What the phrase means is that you shouldn't use funds that has been budgeted for other useful purposes to gamble like money for your upkeep, house rent, school fees etc.

[Fivestar4everMVP]

In response to the op, do you also consider the times when the gambler can possibly win and make profit from that same little money?
Anytime we come up with topics like this, it's very important we try not to be one sided, as being one sided could also be referred to as passing wrong information.

In investments, some people still lose money, or sometimes, it may take a very long time before the investment finally pays off, meanwhile, in gambling, you either lose the money or make a profit instantly or in just a couple of hours or day - for those doing sports betting.
And besides, most of us who are gambling also have investment, only a foolish person will gamble away all his earning, for the wise, he gambles some, and invest the rest.

And point of correction, money used for gambling is not a waste, or wasted, for there is the potential that through that gambling, the Same money could turn out to change the life of the gambler completely, I've seen people make millions from gambling, people who never would have been able to afford to buy one full bitcoin, then were able to buy even more than one bitcoin after winning huge amount of money from gambling, what do you now say about this?

[famososMuertos]

I have had a line of consistency in my posts with the misuse of that phrase, which for many is the belief of getting out of the problem they are in and for others it is their dose of medicine for those who believe that using this phrase with their friends They are going to save them.

 The point is to be clear that this phrase does not give you the freedom to use money and burn it.  And then it has the anti-addiction effect.

[Heartilly]

I think we should not compare the purpose of why people risk their money in gambling, instead of just putting it on investment. There are several reasons to be looked at and not all gamblers have the capability to start a business or investment that requires a large capital, if not, should be a decent amount.

In gambling, these people can start playing with their luck and hope for good fortune with just a small amount. If we sum up all their losses, they will have already good capital to start the business they want but that's not possible to own that total amount beforehand.

Maybe we should encourage gamblers to consider doing business without mentioning or involving how much they already lose overall in playing gambling. Encourage them to put money on investment showing the advantages and benefits of it in the long run without comparing it to gambling.