Memecoin Gambling verses Normal Gambling - which is more profitable?

[dunfida]

Hi everyone,

This is something I've been thinking about for a while now, I thought it wise to ask here to see what you all think afterall.

Anyone who truly understands what investing really is, would or will agree with me that investing in memecoin currently, most especially on the Solana and Base blockchain; have become a gambling on its own, I've tried both normal gambling, and gambling on memecoin on the Solana blockchain, and I can't really tell, which is more profitable.

What I know is that, I lost on both, I placed bets on some sports games, I lost most and won a few, and just few days, I decide to try Solana memes, I lost all the money I used as capital for buying those meme coins, I lost all same day.

So, I've brought a few questions..
1. If you are into Solana meme coins as well as; engage in normal gambling, which has been more profitable to you?
2. Assume you are not into any of the above, which would you prefer to get into if you are asked to choose one? And also explain why..

1. Only a few do able to touch up with those gambling platforms on which using up meme coins as their one of the payment options like DOGE,SHIB,PEPE and other those known ones but we do know
on how far these coins had been able to reach up before they do have such being considered to be included into the options but into those early times then it would really be that hard for a particular coin to reach up such state specially meme coins for it to be included on payment option list. Platforms not really just that gambling casinos would be only listed up but also in other services as well. All of those things are really that doing for the business on which we know that once hype is really that being build up then you do already have the idea as a business owner that this one would really be something good.

Profitability will really be just that be considered to be a legit discussion if we do speak about trading and investing but if we are really that pertaining about gambling even if we do speak about
meme coins or with those known top coins then it would really be just that the same in terms of on how you would gonna spend. If you are really that minding too much about on investment approach then you wont really be that making yourself that should be involved in gambling in the first place. You should really be that staying away into this field if you are really that mindful about being profitable.

[noormcs5]

Investing requires research, not just putting in some money blindly. If you are only going to do that, you might as well gamble instead. At least if you get lucky, you might double your money or even more. However, in the long run, investing in memecoins might be more profitable, as long as you do your own research and find good projects one after another.

I think OP is mixing investing/trading and gambling as these are two different things. If anyone buys meme coins to gain profits in future when the price of those meme coins goes up, I would not classify it as a gambling activity, it can be termed as investment in meme coins and not gambling in meme coins.

I don't gamblers are willing to quit casino games and betting and start investing in meme coins as it is a meme coin season. That is a separate thing, you can invest in meme coins but for gambling, people still have to go to casinos to gamble/bet and fulfill their gambling desires. It is not only about money but more about habits and how you want to spend your leisure time. 

[slapper]

Nothing will profitable to you if that is a gambling games because gambling is not design to gives you profit easily. You need to risks your money to make money but that doesn't guarantee you to make money so if you care with your money, you must use the money you can afford to lose. That is the key that you must holds so you will not lose much money or all of your money because it is not worth to risks all of your money in gambling or investing in something that you don't know much.

I will prefer to playing gambling because for me, investing is different than gambling. When I want to invest, I will research deeper with the project and not trying to use a lot of money especially if that project is new and I don't have much info. I am willing to use the money I can afford to lose both in gambling or investing in memecoin in any network.

Gambling and investing are both risky, but only one gives real reward. Gambling exploits our desire for quick cash. It's statistically intended to steal, not grow, money. If you can afford to lose money, take a flutter, but don't misjudge it

Investments differ. Research, insight, and patience are needed. Not naive faith, but calculated risks. Market volatility is unavoidable, but knowledge and discipline can weather the storms. It may not be as exciting as winning the lottery, but the long-term financial development is unmatched

Avoid slot machines if you want to generate riches and personal growth. Make prudent investments, cultivate it slowly, and reap the advantages. That's the risk worth taking

[erep]

That is a false hope on memecoin, not a few have lost value, not a few have also ended up in a ponzi scheme, and your meme tokens have become worthless, even if they are worthless they cannot be exchanged because there is no liquidity in the LP, not even a few of them have a price of zero on memecoin, you must understand that on memecoin, talking about risk is the same as gambling, because if you are in gambling using good risk management you will not lose too much.

About risk depends on how to manage it, but still if you are just looking for luck it is better to gamble than to memecoin which has thousands of meme coins launched on the exchange. I don't prohibit you from gambling on memecoins, or doing both, it doesn't matter to me, the important thing is that you can manage the risks taken both in meme coins and in casinos.

This is the reality of reviewing memecoins in today's market and memecoins are very risky to invest in, I have been following the development of memecoins in recent times that the increase in the price of memecoins is due to the popularity of support from paid communities that promote new memecoins for the benefit of the team, although there are some memecoins that provide profit for the community but it is not recommended to invest in any memecoin unless you are prepared to bear the risk. However, I think it is effective to allocate funds for gambling rather than memecoins or you share between both, if you are sure that certain memecoins have the opportunity for short-term profits, but you have to understand that both are still at risk of losses so you have to manage your funds to avoid losses from gambling or memecoin.

[topbitcoin]

That is a false hope on memecoin, not a few have lost value, not a few have also ended up in a ponzi scheme, and your meme tokens have become worthless, even if they are worthless they cannot be exchanged because there is no liquidity in the LP, not even a few of them have a price of zero on memecoin, you must understand that on memecoin, talking about risk is the same as gambling, because if you are in gambling using good risk management you will not lose too much.

About risk depends on how to manage it, but still if you are just looking for luck it is better to gamble than to memecoin which has thousands of meme coins launched on the exchange. I don't prohibit you from gambling on memecoins, or doing both, it doesn't matter to me, the important thing is that you can manage the risks taken both in meme coins and in casinos.

This is the reality of reviewing memecoins in today's market and memecoins are very risky to invest in, I have been following the development of memecoins in recent times that the increase in the price of memecoins is due to the popularity of support from paid communities that promote new memecoins for the benefit of the team, although there are some memecoins that provide profit for the community but it is not recommended to invest in any memecoin unless you are prepared to bear the risk. However, I think it is effective to allocate funds for gambling rather than memecoins or you share between both, if you are sure that certain memecoins have the opportunity for short-term profits, but you have to understand that both are still at risk of losses so you have to manage your funds to avoid losses from gambling or memecoin.

Simply to take the middle ground must have funds to gamble and play on memecoins, nothing but just to look for the luck that we can get from these two.

Or there are those who deliberately gamble on memcoins the same as gambling in casinos, of course it's okay in my opinion, as long as they use money that is ready to be lost, this goes back to the principle of gambling responsibly in any gambling both on memecoin and in casinos.

[Akbarkoe]

Investing requires research, not just putting in some money blindly. If you are only going to do that, you might as well gamble instead. At least if you get lucky, you might double your money or even more. However, in the long run, investing in memecoins might be more profitable, as long as you do your own research and find good projects one after another.

then what kind of research can possibly be done on memecoin and can be the reason that memecoin will benefit us, as far as the experience I have experienced in the development of memecoin is only based on hype and there are no fundamentals that make me think investing in memecoin is like gambling, putting money and expecting a possible increase in the coin.

There is no classification that speaks of memecoins that appear today, just look at Dexsreener, even every day there is always a new meme coin listing, it shows that the small possibility of memes and the obscurity of mem projects make something like playing on lottery.

[Forsyth Jones]

Investing requires research, not just putting in some money blindly. If you are only going to do that, you might as well gamble instead. At least if you get lucky, you might double your money or even more. However, in the long run, investing in memecoins might be more profitable, as long as you do your own research and find good projects one after another.

Another point to note is that memecoins appreciate at specific times, preferably during bull runs, which is not attractive to retail investors, unless they open a short trade.

Memecoins follow the current trend a lot, depending on the time, a certain memecoin may not bring the expected return and another may appreciate more in its place.

[ethereumhunter]

Gambling and investing are both risky, but only one gives real reward. Gambling exploits our desire for quick cash. It's statistically intended to steal, not grow, money. If you can afford to lose money, take a flutter, but don't misjudge it

Investments differ. Research, insight, and patience are needed. Not naive faith, but calculated risks. Market volatility is unavoidable, but knowledge and discipline can weather the storms. It may not be as exciting as winning the lottery, but the long-term financial development is unmatched

Avoid slot machines if you want to generate riches and personal growth. Make prudent investments, cultivate it slowly, and reap the advantages. That's the risk worth taking

If you can manage the risks, you can investing and gambling both with moderation and no need to worry if you will lose much money because you can prevents that happens. We only need to use money we can afford to lose in investing and gambling so we don't lose too big money. We need many things before we do investment and that needs time before we decide to invest or leave that. We must minimize the big risks in investing especially investing in memecoin so we can expect to make a profit.

While playing gambling also need to have risks management to avoids the big lose. We must choose the gambling games that we like and always use limitation to prevents the big lose. Playing gambling itself doesn't need too much money to get fun and if many gamblers know about that, they will always limits their gambling activity because they know that is not worth losing much money in gambling. They want to have fun in gambling to fills their spare time.

[m2017]

Anyone who truly understands what investing really is, would or will agree with me that investing in memecoin currently, most especially on the Solana and Base blockchain; have become a gambling on its own, I've tried both normal gambling, and gambling on memecoin on the Solana blockchain, and I can't really tell, which is more profitable.

Investing in cryptocurrencies in general, and not just in memecoins, is gambling or lotteries (call it roulette, whatever you like), that is, an action whose outcome is almost impossible to predict and the profit will depend on the random factor (luck).

What I know is that, I lost on both, I placed bets on some sports games, I lost most and won a few, and just few days, I decide to try Solana memes, I lost all the money I used as capital for buying those meme coins, I lost all same day.

Investing in memecoins and gambling have a lot in common, one of which is that you are more likely to lose than win.

So, I've brought a few questions..
1. If you are into Solana meme coins as well as; engage in normal gambling, which has been more profitable to you?

I would ignore both options and focus on adequately investing in the cryptocurrencies that have value.

2. Assume you are not into any of the above, which would you prefer to get into if you are asked to choose one? And also explain why..

For example, BTC or ETH (or other top cryptocurrencies). Why? An investor (as a gambler or memecoin investor) is primarily interested in profit, which means that you need to invest (risk money) in such a way that the chances of profit are higher, and not vice versa (as in gambling or with memecoins).

[EluguHcman]

Memecoins are seasonal coins which when the fluctuations says high, so it goes and when it says low so also it goes meaning its investors looses or wins in the specific periods of invested while gambling does not have a season meaning bettors can always win or lost at any given bets of any season but all still bestowed to be lucky for individuals to make profit since they are both unpredictable.

[Awaklara]

Memecoins are seasonal coins which when the fluctuations says high, so it goes and when it says low so also it goes meaning its investors looses or wins in the specific periods of invested while gambling does not have a season meaning bettors can always win or lost at any given bets of any season but all still bestowed to be lucky for individuals to make profit since they are both unpredictable.

at least when you buy meme coins from a particular blockchain network, you must do an analysis, not just buy tokens as you please.
what distinguishes the two may lie in the result. in the meme token investment that you have made, even though it ends up losing and not according to what you want, you still have tokens in your hands. but in gambling, when you have bet your money, and you lose. then you will not hold anything in your hands.

do not equate people who invest in any asset with gambling. that's something different.

[tread93]

Hi everyone,

This is something I've been thinking about for a while now, I thought it wise to ask here to see what you all think afterall.

Anyone who truly understands what investing really is, would or will agree with me that investing in memecoin currently, most especially on the Solana and Base blockchain; have become a gambling on its own, I've tried both normal gambling, and gambling on memecoin on the Solana blockchain, and I can't really tell, which is more profitable.

What I know is that, I lost on both, I placed bets on some sports games, I lost most and won a few, and just few days, I decide to try Solana memes, I lost all the money I used as capital for buying those meme coins, I lost all same day.

So, I've brought a few questions..
1. If you are into Solana meme coins as well as; engage in normal gambling, which has been more profitable to you?
2. Assume you are not into any of the above, which would you prefer to get into if you are asked to choose one? And also explain why..

My Dad has been saying how much luck he has been having with these Solana meme coins. I think it definitely is a whole other beast on its own and something that can move with quite volatility you just have to keep a keen eye and ear out for what is happening in the market.

[Yatsan]

Memecoins are seasonal coins which when the fluctuations says high, so it goes and when it says low so also it goes meaning its investors looses or wins in the specific periods of invested while gambling does not have a season meaning bettors can always win or lost at any given bets of any season but all still bestowed to be lucky for individuals to make profit since they are both unpredictable.

at least when you buy meme coins from a particular blockchain network, you must do an analysis, not just buy tokens as you please.
what distinguishes the two may lie in the result. in the meme token investment that you have made, even though it ends up losing and not according to what you want, you still have tokens in your hands. but in gambling, when you have bet your money, and you lose. then you will not hold anything in your hands.

Its correct what you said about the distinction between investment in meme currency and gambling. If i may add, while the price may drop in a meme token and one may face losses, you still hold the tokens. In other words, no matter how bad the market goes, you will still have an asset that could turn profitable later on. The investment retains some intrinsic value or the possibility of recovery, given the assumption that the blockchain technology has a long viability.
On the other hand, gambling involves making a reasonable bet on the shares, which you may lose, and upon losing, you will have no assets left in your hands. To explain, gambling habits tend to almost completely lose the money bet, and it gives you everything in sight. These gaps emphasize the very reason why, in any form of investment, detailed research and analysis must be done to reduce risk and not act impulsively, much more in meme tokens.

[klidex]

Well, you cannot say you gambled on Solana meme coin, although we often say that altcoin investment is like gambling because you don't really know when the token will be pumped or if at all the token will even get pumped. For the record, you cannot really compare investing in altcoins to gambling because if you purchase a coin or token, you will still have it in your possession until any year the token gets pumped, or you can just sell it off and recover some of your money, but if it is real gambling, once you stake $100 and the game goes against your prediction, you cannot recover the money at all. Like I said before, if you invest, you can quickly sell off when you are running a deep loss, but in gambling, you cannot cancel your loss; once you are in, you are in, bro. 

Lastly, I want you to know that gambling is not an investment.

Maybe what OP meant was not buying tokens and holding them until the tokens were valuable but playing them in a futures way so that if there is a liquidation they will lose their money and cannot return it just like gambling when they lose.
Actually this can be interpreted as gambling because when we play meme coins it is also very risky because we don't know whether the coins will be worth good or a scam they have unstable prices in the market but we can prevent losses if we also monitor continuously when playing it and can use the stoploss feature while gambling can also be prevented from losses if we stop so in my opinion there is nothing more profitable because everything is full of risk.

[carlfebz2]

So, I've brought a few questions..
1. If you are into Solana meme coins as well as; engage in normal gambling, which has been more profitable to you?
2. Assume you are not into any of the above, which would you prefer to get into if you are asked to choose one? And also explain why..

1. Profitable? If you do play gambling then you wont really be considering on playing gambling in the first place. Doesnt matter if you do make use of Bitcoin or meme coins on this process on which you would really be still basically be able to lose up money in the long run or particular on that session, knowing that gambling isnt really something that you could milked on in terms of money to be spend on.

2. Meme coin gambling could really be still considered as gambling specially that this market is really that flooded out by tons of meme coins or lets say that its already saturated but surprisingly
there are tons of people who are really that still loving on dealing up with meme coins just because they are really that hoping that there's something positive that will really be happening into them.
Profitability is never been that considered to be looked upon when dealing up with those real gambling games, in meme coin investing shot then there's chances but the odds on
putting up yourself on those meme coins then it would be also not simple on which risks is still high.

[nakamura12]

To be honest, it's not profitable either using memecoins or not if you are not lucky in gambling. If it's about investing in memecoins versus other coins then investing in different coins other than memecoins is profitable in my opinion although if you don't want to miss an opportunity then you should also invest in memecoins but before that, gathering information about it should be a priority in order to choose the best memecoins that you can invest.

[Aanuoluwatofunmi]

I still don't know which one is memecoin gambling in which hope is referring to here, gambling is gambling, memecoins remains the same on what they were, you invest to take the risk on their possible outcome, this will have to do with the research you made, the kind of project invested, the duration and as well as the purpose for the creation of the project, while gambling is only for catching fun.

[Wakate]

Investing requires research, not just putting in some money blindly. If you are only going to do that, you might as well gamble instead. At least if you get lucky, you might double your money or even more. However, in the long run, investing in memecoins might be more profitable, as long as you do your own research and find good projects one after another.

Many people that do not understand how things work in the crypto market would end up gambling. I have done that before and I was lucky not to be too ignorant on how to trade the spot market. It is good we have understanding in some certain aspects of live so that we don't end up to be too ignorant of what we ought to do and what we don't have to do. If we are buying different coins out of emotion of the price going bullish within a perfect time is gambling. Gambling with cryptocurrency is like closing our eyes and choosing numbers at random without any knowledge or skill on how to go about investing in coins especially understanding the concepts than would aim us for a better results.

[Rampagoe004]

Investing requires research, not just putting in some money blindly. If you are only going to do that, you might as well gamble instead. At least if you get lucky, you might double your money or even more. However, in the long run, investing in memecoins might be more profitable, as long as you do your own research and find good projects one after another.

I personally prefer meme coins over gambling. I have a mindset of not making gambling one of my sources of income. It doesn't help at all. Gambling will cost you money and some people think gambling is just for fun. Meme coins are an investment even though it is actually the same as gambling because most meme coins have no good fundamentals or even no fundamentals at all. I agree to do research first, but by investing in some of the top meme coins I think it will be safer than gambling with the aim of preserving the value of your money.

[Dr.Bitcoin_Strange]

Maybe what OP meant was not buying tokens and holding them until the tokens were valuable but playing them in a futures way so that if there is a liquidation they will lose their money and cannot return it just like gambling when they lose.
Actually this can be interpreted as gambling because when we play meme coins it is also very risky because we don't know whether the coins will be worth good or a scam they have unstable prices in the market but we can prevent losses if we also monitor continuously when playing it and can use the stoploss feature while gambling can also be prevented from losses if we stop so in my opinion there is nothing more profitable because everything is full of risk.

If you decide to engage in futures trading on centralized exchange, when you don't have the knowledge about what you are doing, then you are only gambling with your capital. An individual needs to be fully knowledgeable and prepared to trade before they can archive better success from trading, but in gambling, you are already aware that your result are uncertain. Although winning can be archived but you don't know how frequent and when you need to stake a huge amount to earn profit, you just need to keep trying until you are lucky.