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

[SmartGold01]

Snip

First, gambling should be for recreational purpose only, hoping to become a millionaire from gambling will only land you in debt. Gambling and Investments are two different things. People gamble for fun, if you spend your time saving every penny you make to invest in bitcoin or some other investment, how will you have any fun? I guess you won’t go to the movies or go on dates because for you every dollar is worth sats.

I think you are getting it twisted here, but lemme give you little eye opening or guide for you to understand what I meant:..
Let say you go out for a date or for a hang out and you spent $40 in buying what you are taking to give you good health is far much better than using that money to gamble and in returns you lost everything, the person who uses his or her own to spent in her health will be happy because the money enters in her life to revive her right?.

Okay I know you would want to asked what if that $40 was a life changing bet, Yes I know but we have it in mind that gambling has two sides that is "win/lose" so whenever you play there is every high tendency that you must lose the game because winning are always rare to come.

So, the person who spent her own in her health or used it to buy something that would benefits them will appreciate it the more, unlike me if i spent money in buying my daughter a gift I values it than putting that money into gambling why because I can't really define the outcome of that money whereas if that money was put into something it would have more value than that of gambling.

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[AYOBA]

Yes, gambling with money that one can afford to lose is, in fact, a really great investment that, with any loss of funds, could eventually lead to a wonderful success. Someone has the trait of not knowing where to begin when it comes to gambling, they just get started without the necessary information.

And the main reason for that is that gamblers typically lose money. Anybody who is skilled at gambling won't lose any money if they wager only as much as they can afford to lose. You mentioned gambling and investing previously, but I don't think they can be compared to each other because investment is extremely different from gambling. Both include risk, but the danger associated with gambling is larger than the risk associated with investment.

[South Park]

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.

It is not the first time I see that argument and I still disagree, not everything in life is about earning money, the money that we work so hard to obtain also needs to have as a goal to make our lives easier and more enjoyable, since if we were to use that kind of reasoning about gambling then why not use it for everything else and save yourself all the money that you use to entertain yourself? In that case you will most likely end up with quite a sum of money, but you will bored out of your mind during that process, assuming you could do it, which I doubt.

[2Pizza410000BTC]

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.

Actually gambling is for leisure entertainment. Here investment will bring you profit if it brings profit in you then you will be very happy but to survive life definitely needs entertainment if you can spend time with all entertainment then your mind will always be cheerful. People don't always chase money, sometimes people chase entertainment. But for those who use gambling as a means of earning money, I can say that those people are better off investing in bitcoins rather than gambling, I think but for those who take gambling as entertainment, they are here for entertainment. They are not here to make money.

[Nwada001]

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.

Let me start by asking a few questions using the amount you illustrated with, $1-$100. If you are not going to gamble with that amount, won't you use it for other things that are not important in life? Like using it to buy some bear chillout and other things that could not be considered part of your needs but are just things you spend more on to derive pleasure. 
 
The money I use for gambling is part of the money I set aside for my spending on things that add little value to my life, but in one way or another, I just like to spend it on such things. That does not mean I don't have separate money for investments or other important things, so the money I spend on gambling is what I can afford to lose.

[danherbias07]

That's a nice idea but a gambler would say. "Where's the fun in it?" 

It depends on the person. Gamble what you can afford to lose means different things. It could be that the gambler already reserved another part of his salary for Bitcoin investment or other investments. The other part is just to entertain himself.
We all have different ways on how we budget our money and the afford-to-lose thing is where you take the spare and just play with it. Sure, it's going to be big if all that money is thrown into investment too but the same goes for every habit out there. Cigarette smoking, alcohol, unnecessary food, and unnecessary things but we find joy in buying them. i.e. upgrading to the latest iPhone. I think that is unnecessary too.

All of that could've been a great boost to the investment and yet we choose to do it, buy it, spend for it, and that's because we find joy in those things.
It's easy to say it could've done well if invested, but can an individual control himself/herself to endure not buying them?

[Wexnident]

~

You have to consider the context here. Gambling what you can afford to lose isn't any investment strategy in the first place, it's an idea that since you're spending money on gambling, make sure you can afford to lose said money since 99% of the time, you're going to lose it. It's also outside of the part of the money that you'd ever use to invest so you shouldn't even be thinking of the "what if I saved it and invested it" since the fact that you start thinking about that means that the money you used to spent on gambling isn't money you could afford to lose or is pretty close to being a part of that.

And that's why you consider gambling as having fun and not creating an investment. Otherwise they'd conflict with the money you spent on the real investments and you'd never, if you thought about it properly, spend money on gambling.

[alegotardo]

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.

I follow the following methodology regarding the money I have: Accounts - Investment - Leisure
In other words... water, electricity, house bills, bank loans, studies, medicines, etc. must be a priority and therefore need to be paid off before anything else.
Then, with what is left over, you will save what you think is relevant for a future dream or a financial security reserve... this should be done every month.
Then, you spend the rest of the money on entertainment, whether on gambling or in restaurants, cinema, bars, etc...

Credit cards must be used consciously, and never for gambling.

[topbitcoin]

If what someone is pursuing is profit, then both investing and gambling have the risk of experiencing losses. It seems that gambling has a very high risk compared to investment. As a savings for the future and to continue to make a profit from the amount of money you have, investing seems more promising than gambling which can only cost you a lot of money.

However, there are several reasons why someone prefers gambling to gambling. Even though they know that gambling has a fairly high risk of experiencing losses. First, regarding the time period, it is different from investment which requires a long period of time to find out whether the final result is a profit or loss. Gambling is actually the opposite where gambling offers faster results, regardless of winning or losing. So this provides immediate satisfaction, which may not occur in an investment, and this is also what makes someone so interested in gambling. Second, the next reason this is about a sensation and the sensation that this is, I don't need to explain because you already know it. And thirdly and finally, even though gambling is full of uncertainty, gambling is also full of surprises, and this is what makes someone continue to gamble, where maybe some of them have the hope that they will become someone suddenly rich from gambling carried out, considering that the winnings from gambling can be many times the amount wagered. Even though the possibility of winning is very small, the hope of getting big profits quickly and instantly is a strong incentive to always place a number of bets.

[Mrbluntzy]

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.

I always gamble with a spare money that I can lose comfortably without feeling regrets. I can gamble with 5 dollar twice in a week and sometimes can it can just be less like $2. I can not use those small amount to invest in anything, even if I want to save the money for investing, I may still end up to spend the money. I spend money on other things that matters to me, like foods, cloths, electronics and many things that I spend money on. Gambling also matter to me and I spend only a small amount on gambling.

[Adbitco]

People can quit gambling if they don't find it interesting and not everyone will go into investment because they have already invested enough and you have to understand something that not everyone would come here to start announcing how much they have invested or how much they have. Investment doesn't calls for announcement rather is something to do within your power than start pipelining every single amount that comes from your pocket to put into investment that means you can't lose any dollars if you were taking everything to be that serious in your life, I know we need to be very mindful with the kind of amount we do spend on an irregular things but sometimes those amounts are being put there to catch fun.

[Darker45]

Well, if this is their form of entertainment or relaxation, that amount may be worth it for as long as they aren't spending what is supposed to be spent on something else.

After all, if they aren't gambling, they will still be spending more or less the same amount on something else. They may go to the movies, bars, restaurants, and so on. Gambling is a leisure activity. Each one of us has his/her own leisure activities. And we have no choice but to spend on them.

[Unbunplease]

Often people spend money on things they don't need. If you do the math, it adds up to a lot of money. For example, you buy a product because it is on sale or there is a big discount. But that item will sit unused for years. So the idea that it is better to use wasted money wisely in gambling makes sense. If you lose, you lose money in both cases. But what if you win?

[irhact]

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.

Manay individuals what quick profits and this is what gambling is used for, for them. They see gambling as a way they can make money and be living as a wealthy individual. They won't want to invest in Bitcoin as Bitcoin investment needs patience but many of them don't have patience. When gambling too, their brain receive dopamine which is addictive but investing doesn't have that feeling of risk. Investing in Bitcoin is better but needs a long time to become very successful.

When you're gambling, you can be lucky one day and you win a big amount of money with a very small wager that will change your life. Many gamblers aren't gambling what they can afford to lose but they won't stop as they think their future is in gambling. Gambling has become an addictive activity that when they don't gamble it'll be as if they can't live. You can be gambling and also be investing too.

[Kelvinid]

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

Maybe, if will had thought that first but was too late to realize such kind of stuff when we already started gambling (and the worst is addiction).
Even if we never gamble, we are not sure as well that we are thinking about investing as well. So I would say that investing just comes out in our mind and recognize its importance when we already missed it.

But I understand why, it is just most gamblers think that gambling could them a chance to win big and instantly become rich but through investing, it takes several years before they see rewards. I see that the majority are impatient and they prefer to take their chance on luck rather than hard work and patience.

[boty]

People can quit gambling if they don't find it interesting and not everyone will go into investment because they have already invested enough and you have to understand something that not everyone would come here to start announcing how much they have invested or how much they have. Investment doesn't calls for announcement rather is something to do within your power than start pipelining every single amount that comes from your pocket to put into investment that means you can't lose any dollars if you were taking everything to be that serious in your life, I know we need to be very mindful with the kind of amount we do spend on an irregular things but sometimes those amounts are being put there to catch fun.

Everyone certainly has different preferences from others and for those who like gambling, of course they will never think about saving or even investing because most of the income they get is used up for gambling and when they win they forget about the losses they have made, but for Some people gamble and can still control their gambling activities so they don't lose a lot because they don't gamble continuously and I don't think anyone can win gambling continuously so it's important for us not to gamble too often.

[SeaCoinCollector.]

It just simply means to be careful with your money when gambling so you don't lose too much. I totally agree with you, instead of spending too much in gambling, it's much better to set aside that money into investments or savings. This will to save more money and avoid gambling addiction or problems. Finding much better alternatives or better option is better to help people make better choices on what is the right thing to do with their money.

[Promocodeudo]

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.

People don't take this advise serious they see every stake in gambling as an opportunity to make money but it is not as the think, gambling is not a sure stuff, it not even an investment so gambling with much funds shouldn't be encouraged because someone can be bankrupt if this gambling with huge amount if money continue to exist, however it an individual thing and I think that there is know among of advice that can be give to a man who has decided on what to do that he will adhere to, but in real sense gambling with what you can afford to bear the loss is an effective way of controlling your gambling habit to stay in a particular limit without going extra mind.

[Assface16678]

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.

People don't take this advise serious they see every stake in gambling as an opportunity to make money but it is not as the think, gambling is not a sure stuff, it not even an investment so gambling with much funds shouldn't be encouraged because someone can be bankrupt if this gambling with huge amount if money continue to exist, however it an individual thing and I think that there is know among of advice that can be give to a man who has decided on what to do that he will adhere to, but in real sense gambling with what you can afford to bear the loss is an effective way of controlling your gambling habit to stay in a particular limit without going extra mind.

True gambling is more like a waste of money, because there's no even 50% chance to win in a gamble unless you are super lucky enough to have frequent wins and you are gaining more money than losing, but we can't blame other people because they still hope to win in a gamble because, yes, literally, you can earn a lot or just one jackpot and your life could change upside down, but is it enough basis to just waste money in gambling without the assurance that you will win one day? I personally don't hope that my life could change because of gambling because I believe in my own skill to become rich and successful, and I treat gambling as my kill time or just for fun. So a little money to be used for my fun is not bad at all, as long as that money is for me to afford to lose.

[Sexylizzy2813]

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.

OP, to me you're getting things all wrong. That saying that going like this, "gamble with what you can afford to lose" only means you have to make use of the available money you can afford to lose and if you're done with that amount, you stop and don't go about complaining and making those around you feel like they're the cause.
Talking about investment I can beat my chest that Gambling is another form of investment. Gambling have changed the status of some individual and if you don't know, some people use it to establish themselves, opening other businesses, feeding their family, I mean name it. So if you're making Bitcoin as the best way to invest rather than using the money for gambling then I must disagree with that.
In Bitcoin investment you can't say you don't lose like gamblers do lose, everything in this life is all about risk and it depends on how you go about it, at this point I must say Gambling is another form of business/investment that can generate money as well as Bitcoin and the both doesn't favor everyone who engage in it.