Investment Become Gambling

[iBaba]

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Anyone that is still taking advice or directions from a YouTuber or any social media influencer is either a newbie that doesn't really know his left or right in the space or a trader that is looking for quick way to make money, because I don't get it how a Bitcoin investors that is knowledgeable on Bitcoin and how to get the best result out of his investment will be taking directive from a YouTuber or a social media influencer that are good at misleading newbies into investment in shit coin.

And some of these guys do even mention to their audience that they are not financial experts and therefore you are not suppose to take any serious financial advise or decisions from them. They are just content creators like they are fondly called and they create these contents to make money and generate some revenue for themselves while they use you for their clickbaits for their streaming incomes.

I don’t take advise from any YouTube or Content Creator especially when it relates to Financial Advises because I know it is a decision that comes with heavy commitments. I only take financial advise from financial experts who are known for their expertise in offering financial tips and assistance to people and not some random content creator.

[Jubilee58]

Your friend deviated from his first plan of bitcoin investment, which was long term investment to pure Bitcoin trading and as we all know, trading Bitcoin requires high level of trading skill in other to become successful. Comparatively, Bitcoin have rewarded long time investors more than daily traders.
Bitcoin investing is all about patience, with the right approach and decision, you will make good profit from Bitcoin on the long run.

Your decision and reactions to the bitcoin market fluctuation can actually influence your investment goal, most people tends to be in panic and hastily make the wrong decision when the market trend is against their wish and therefore, make some investors to sell their bitcoin in panic.

[Sunshine1525]

Your friend deviated from his first plan of bitcoin investment, which was long term investment to pure Bitcoin trading and as we all know, trading Bitcoin requires high level of trading skill in other to become successful. Comparatively, Bitcoin have rewarded long time investors more than daily traders.
Bitcoin investing is all about patience, with the right approach and decision, you will make good profit from Bitcoin on the long run.

Your decision and reactions to the bitcoin market fluctuation can actually influence your investment goal, most people tends to be in panic and hastily make the wrong decision when the market trend is against their wish and therefore, make some investors to sell their bitcoin in panic.

The way people approach bitcoin would determine the amount of profits they'll recover from their investment, Bitcoin is a long-term investment plan and anyone without patience would only make little profit and still regret later.

Patience is very important for a bitcoin investor, it's one of the most important things to take note of before investing in Bitcoin but people fail to take it seriously and feel they'll reach their goal, having patience as an investor is like garbage in garbage out, more patience equals more profits.

[Mr intelligence]

Year 2023. I started investing in Bitcoin. The market has fluctuated many times until now. However, I have always had a long-term goal. Although I had to sell once due to circumstances, but I started investing again.

However, a few weeks after my investment, a close friend of mine also started investing. He also talked about long-term investment. Our goals were similar. However, even though the goals were the same, our behavior was not the same over time, and this is where the difference between investment and gambling was created.

He start take profits when price increased. After doing this a few times, he started monitoring the market regularly and analyzing the opinions of YouTube and Telegram. At one point, he started making decisions with the market fluctuations. Sometimes he would buy out of FOMO and sometimes he would sell out of panic. In this way, he would make profits at times and sometimes he would lose.

 Even when I warned him about such behavior, he  misunderstand me that maybe I did not want to let him make a profit.
However, at one point, after significant financial loss, he realized his mistake. The problem was in his behavior.  He had the ability to continue investing well in the long term and even though he started investing with this intention, due to his inability to control his behavior, the investment turned into a gamble. 

Do you think that mental and behavioral control are similar important with financial management, risk management  in investing?

✨

Ever thought a month now investment as a close now for friend and family to make profile at the best time on their own and sometimes lose of investment as different gambling hhow at a point after significantly financial loss he rized his mistake the problem was in his ability behaviors mentetal and control are very important with have financial management risk such ideas of in investing

[JMBitcointernational]

To be successful in investing in Bitcoin, it is very important to first achieve the right knowledge because without the right knowledge, it is not possible for an investor to achieve success. Along with achieve the right knowledge, consistency is very important. If there is no consistency in investment, then success cannot be achieved, so you should buy Bitcoin consistently with a long-term plan with prudent money and do not be disappointed by the instability of the market. You should wait patiently for a good time with confidence, as a result of which long-term profits can be expected. We must remember that it is never possible to achieve success by investing in Bitcoin long-term investment or short-term plans, so success can be achieved buy Bitcoin with a long-term plan with confidence and patiently waiting for the right time.

Exactly@ Yorubek, you have actually summarised everything, investing in bitcoin entails patience, consistency And endurance. Most of us are very scared of bitcoin investment as a result of the Market fluctuation especially when we do not have enough capital for long tern investment And that is the some reason why we are tempted To enaage in short term investment And most often losses our income.

It is always advisable To patiently enage in the long tern investment And at same time investing the amount that you can afford To lose because no one can actually predict in exactitude the direction of the Market. Lastly, Success comes more when you are a risk Taker, because the outcome might either ruin or change your life, So patience is a key player To Success expecially while involving in any investment.

[Mikky02]

Most at times investment becomes gambling and that because they are both risky the earlier one knows the better investment and gambling are risky and everyone has their own opinion finding someone that has thesame goal with you is very difficult and that's because the way I view things might be quiet different from another person

[JayJuanGee]

Most at times investment becomes gambling and that because they are both risky the earlier one knows the better investment and gambling are risky and everyone has their own opinion finding someone that has thesame goal with you is very difficult and that's because the way I view things might be quiet different from another person

You seem to be just making shit up, Mikky02.

Had you even thought about your post before posting it?

I will suggest that trading has a tendency to become gambling.

Yet, trading and investing are not the same thing.

Based on investing being based on differing practices and/or mindsets, investing does not necessarily become gambling.

You seem to be mixing up the ideas of trading and investing Mikky02.  Do you know the difference between trading and investing?

[Tungbulu]

Most at times investment becomes gambling and that because they are both risky the earlier one knows the better investment and gambling are risky and everyone has their own opinion finding someone that has thesame goal with you is very difficult and that's because the way I view things might be quiet different from another person

I think you’re mistaken trading for investment, investment and gambling are in no way related let alone being the same thing, they’re both completely different and I can give you more than a thousand reasons why that’s so.  It trading on the other hand can be classified as gambling because it shares more similarities with gambling in several ways.

[Sammye3]

Most at times investment becomes gambling and that because they are both risky the earlier one knows the better investment and gambling are risky and everyone has their own opinion finding someone that has thesame goal with you is very difficult and that's because the way I view things might be quiet different from another person

Do you actually imagine that every investment is a risk and could be considered as gambling? Both bitcoin investment and otherwise, and the only virtue that distinguishes a failed and a successful investment is the dedication,  consistency and patience that comes with the result. There is no better investment if there is no consistency,  only that most investment are controlled and others are not.

[sotelorene]

Most at times investment becomes gambling and that because they are both risky the earlier one knows the better investment and gambling are risky and everyone has their own opinion finding someone that has thesame goal with you is very difficult and that's because the way I view things might be quiet different from another person

If this is what you actually view out then you are totally wrong about your view because gambling or trading is never the same thing as investing though there are risk in both trading and investing but the high level of risk attach in trading is what differentiates it from investing so don't get it twisted, don't allow the word "Risk" deceive you. Some of the people that trade will tell you frankly that trading is entirely different from investment and some use what they can not afford to lose and don't also be deceived by people who call themselves investors but can not hold for long and it will be wise for you not to see them as investors because you will be deceiving yourself thereby making you believe what you said.

[Chilwell]

Most at times investment becomes gambling and that because they are both risky the earlier one knows the better investment and gambling are risky and everyone has their own opinion finding someone that has thesame goal with you is very difficult and that's because the way I view things might be quiet different from another person

So many people have mistaken investment to be gambling, i don't know how others view it, but in my own opinion investment is far far above gambling, they did not even go the same way because gambling is done for a very short time short while investment is a long-term process that is why I will not agree with anyone who said investment is Gamble.

In gambling you lose everything but investment you will never lose everything, if assuming you bought a coin that worth $5 and at the end it's lost its value to maybe $1, If you can see it's only the value that was taken away, your coin is still there and with patience in the future it will rise above the $5 only if you invest in a coin that have potential.

[Sim_card]

Do you think that mental and behavioral control are similar important with financial management, risk management  in investing?

Of course, they're very important to become successful in your long term bitcoin investment. This is why a newbie is advice to use DCA method to invest in bitcoin with part of his your discretionary income so that he can be free from mental and financial stress as he builds his bitcoin portfolio overtime.

Secondly, a new investor shouldn't think of profits first when you just start your bitcoin investment so that it doesn't affect you emotionally when you start seeing profit to start withdrawing from your bitcoin portfolio so that you don't end becoming a trader like your friend in the OP.

Financial management is very important when investing in bitcoin to avoid buying bitcoin with funds that is beyond your discretionary income so that you can hodli for long according to your will. For you to achieve this, you have to set up an emergency funds and other backup funds to sustain you in your long-term bitcoin investment journey.

[Berry2d]

Most at times investment becomes gambling and that because they are both risky the earlier one knows the better investment and gambling are risky and everyone has their own opinion finding someone that has thesame goal with you is very difficult and that's because the way I view things might be quiet different from another person

You seem to be just making shit up, Mikky02.

Had you even thought about your post before posting it?

I will suggest that trading has a tendency to become gambling.

Yet, trading and investing are not the same thing.

Based on investing being based on differing practices and/or mindsets, investing does not necessarily become gambling.

You seem to be mixing up the ideas of trading and investing Mikky02.  Do you know the difference between trading and investing?

Before drawing conclusion on which between trading and investment that is gambling, think we should properly look in to what bitcoin is all about and its characteristics. Bitcoin we  see is a decentralised digital currency that works without or under any government approval, which means it do not have 100 percent assurance when it has to do with its solidity. Secondly, bitcoin is not 100 percent risk-free because of its vulnerability, which means it can be hacked or may even loss value once its propelling force drops, that is why it is conspicuously advised we should invest with what we can lose.  I am not of the opinion that trading is better than investment  but the truth of it all is be it investment or trading all is gambling because anything can happen to the price of bitcoin.
In 14 August 2025, the price of bitcoin was $123,339.40 per 1 but now its price has dropped significantly to $646,31.98 per 1 which is approximately divided by 2, to prove its vulnerability and who knows what its outcome could be tomorrow.

[Big Dirams]

Financial management is very important when investing in bitcoin to avoid buying bitcoin with funds that is beyond your discretionary income so that you can hodli for long according to your will. For you to achieve this, you have to set up an emergency funds and other backup funds to sustain you in your long-term bitcoin investment journey.

Setting aside funds before investing that we can use to meet up our needs and unnecessary expenses is a very important part which many new investors and some old holders also take for granted not knowing that setting aside funds for unnecessary expenses or unforeseen expenses helps us to stay away from our holdings and let our holdings grow since we are building a long term portfolio not just short term.
 Assuming a holder doesn’t set aside an emergency for little issues then of course such holder will keep running back to his or her portfolio each time they have issues which isn’t the appropriate manner to build a good portfolio most especially when aiming for long term goals.

[Qhunman]

Setting aside funds before investing that we can use to meet up our needs and unnecessary expenses is a very important part which many new investors and some old holders also take for granted not knowing that setting aside funds for unnecessary expenses or unforeseen expenses helps us to stay away from our holdings and let our holdings grow since we are building a long term portfolio not just short term.
Assuming a holder doesn’t set aside an emergency for little issues then of course such holder will keep running back to his or her portfolio each time they have issues which isn’t the appropriate manner to build a good portfolio most especially when aiming for long term goals.

This is why we are to invest with discretionary income so we can take care of our basic needs at home. Also I don't think it is necessary saving our discretionary income for unnecessary spending because they better things to use a discretionary income. It is better to invest it in bitcoin than spending it on non essentials. In order to hold for the long term and safeguard your bitcoin investmen you should setup an emergency fund and reserve fund.

[Sim_card]

Before drawing conclusion on which between trading and investment that is gambling, think we should properly look in to what bitcoin is all about and its characteristics. Bitcoin we  see is a decentralised digital currency that works without or under any government approval, which means it do not have 100 percent assurance when it has to do with its solidity. Secondly, bitcoin is not 100 percent risk-free because of its vulnerability, which means it can be hacked or may even loss value once its propelling force drops, that is why it is conspicuously advised we should invest with what we can lose.  I am not of the opinion that trading is better than investment  but the truth of it all is be it investment or trading all is gambling because anything can happen to the price of bitcoin.
In 14 August 2025, the price of bitcoin was $123,339.40 per 1 but now its price has dropped significantly to $646,31.98 per 1 which is approximately divided by 2, to prove its vulnerability and who knows what its outcome could be tomorrow.

You're wrong mate. Investing in bitcoin for long term isn't gambling but investing because from history it shows that bitcoin price increases overtime because it's more people are coming on board after they have understood that bitcoin is an asset that is a hedge against inflation and cannot be controlled by the government.

Anything that you put your money into and it increases in price overtime isn't gambling. When bitcoin was created it was less than $1 and look at the price now $62k+ even when it's on the bear market, and you say it's gambling. It means that you don't know what investment is all about. Gambling is when the chance of you losing your funds is very high. If you're a short investor or a trader, you are a gambler but if you're a long-term investor, you ain't no gambler.

If you say that bitcoin investment is gambling are you saying that all those big companies and government that holdi bitcoin are gamblers? Bitcoin has the potential to transform your financial strength in future if only you can buy with DCA, build your bitcoin portfolio to a significant size and hodli for ten years or more. Volatility is the fun in bitcoin investment, if you don't sell at this current price because it's down, you are at loss because the price will surely bounce back and create a new ATH in the next bull run.

[PremiumcryptoHub]

Most at times investment becomes gambling and that because they are both risky the earlier one knows the better investment and gambling are risky and everyone has their own opinion finding someone that has thesame goal with you is very difficult and that's because the way I view things might be quiet different from another person

Do you actually imagine that every investment is a risk and could be considered as gambling? Both bitcoin investment and otherwise, and the only virtue that distinguishes a failed and a successful investment is the dedication,  consistency and patience that comes with the result. There is no better investment if there is no consistency,  only that most investment are controlled and others are not.

You find that every investment is risky but it cannot be considered as gambling. For example, I would not be offended if trading is called gambling but considering Bitcoin investment as gambling is very offensive because Bitcoin investment comes with a discretionary income system, long-term goals and successful investment with dedication and patience. Also, in our Nigeria, if you want to get involved in other investment activities, you have to accept high risks, but even though there is risk in Bitcoin investment, it has increased historically over the years, so that level of risk is worth it because if the locals in our country have proper financial management, they will not have to buy Bitcoin with funds outside their discretionary income, which will allow everyone to long-term BTC as they wish.

[JayJuanGee]

Most at times investment becomes gambling and that because they are both risky the earlier one knows the better investment and gambling are risky and everyone has their own opinion finding someone that has thesame goal with you is very difficult and that's because the way I view things might be quiet different from another person

You seem to be just making shit up, Mikky02.
Had you even thought about your post before posting it?

I will suggest that trading has a tendency to become gambling.
Yet, trading and investing are not the same thing.

Based on investing being based on differing practices and/or mindsets, investing does not necessarily become gambling.
You seem to be mixing up the ideas of trading and investing Mikky02.  Do you know the difference between trading and investing?

Before drawing conclusion on which between trading and investment that is gambling, think we should properly look in to what bitcoin is all about and its characteristics. Bitcoin we  see is a decentralised digital currency that works without or under any government approval, which means it do not have 100 percent assurance when it has to do with its solidity. Secondly, bitcoin is not 100 percent risk-free because of its vulnerability, which means it can be hacked or may even loss value once its propelling force drops, that is why it is conspicuously advised we should invest with what we can lose.  I am not of the opinion that trading is better than investment  but the truth of it all is be it investment or trading all is gambling because anything can happen to the price of bitcoin.
In 14 August 2025, the price of bitcoin was $123,339.40 per 1 but now its price has dropped significantly to $646,31.98 per 1 which is approximately divided by 2, to prove its vulnerability and who knows what its outcome could be tomorrow.

Your response and your attempt to clarify does not really help to clarify very well since you mix in your own various inaccuracies and even proclaim that bitcoin is vulnerable to hacking.. which truly seems to be a misunderstanding of bitcoin especially if we are referring to actual bitcoin rather than various accounts that could get hacked into or even our devices could get hacked into or we could be sloppy with our keys and/or failing to back them up... and surely some of those vulnerabilities might be more on the execution side rather than attributable to the asset itself, unless we might consider that there can sometimes be user-friendliness issues when we are considering various ways that we might choose to hold our coins that might relate more to our options rather than how we might be executing, and surely there are other ways that bitcoin is not guaranteed to hold value, and it has various vulnerabilities, including ongoing bank and/or governmental attacks upon it, whether those attacks are clear or not. .there can be various obstacles in using bitcoin in terms of accountability or attempts to go from bitcoin to cash or other ways of trying to transact and/or reporting requirements that are not exactly bitcoin itself, even though governments and/or financial institutions may well have imposed various kinds of restrictions - and they also might be involved in pumping false narratives and/or even pumping gold/silver in order to distract individuals away from bitcoin, to the extent that they are able to get away with the various kinds of ongoing market manipulation attempts.

Most at times investment becomes gambling and that because they are both risky the earlier one knows the better investment and gambling are risky and everyone has their own opinion finding someone that has thesame goal with you is very difficult and that's because the way I view things might be quiet different from another person

Do you actually imagine that every investment is a risk and could be considered as gambling? Both bitcoin investment and otherwise, and the only virtue that distinguishes a failed and a successful investment is the dedication,  consistency and patience that comes with the result. There is no better investment if there is no consistency,  only that most investment are controlled and others are not.

You find that every investment is risky but it cannot be considered as gambling. For example, I would not be offended if trading is called gambling but considering Bitcoin investment as gambling is very offensive because Bitcoin investment comes with a discretionary income system, long-term goals and successful investment with dedication and patience. Also, in our Nigeria, if you want to get involved in other investment activities, you have to accept high risks, but even though there is risk in Bitcoin investment, it has increased historically over the years, so that level of risk is worth it because if the locals in our country have proper financial management, they will not have to buy Bitcoin with funds outside their discretionary income, which will allow everyone to long-term BTC as they wish.

Frequently, when we refer to gambling, we might consider the extent to which luck is involved or skill.. and so there are not absolutes, since there are degrees of luck and degrees of skills and/or good practices and/or understanding of the underlying asset... and sometimes we might figure out various technical attributes of bitcoin, yet then realize that its price is a product of its technical attributes and also involves politics and various battles regarding it.. so even when we might try to identify all of the attributes that we consider to affect its short medium or long term price direction, we cannot necessarily identify human actions and momentum.. so we do our best in regards to identifying what we believe might be bitcoin's price direction and ongoing adoption.. and we choose our allocation in light of a combination of upside and downside scenarios.. and surely even with our own ongoing investment, whether we choose, $100 per week, $10 per week or some other amount, we might envision ourselves being invested in bitcoin for 4-10 years or longer and even reassessing our investment at various points along the way in order to consider if we should tweak our strategies or just largely continue with what we had been doing.

There can be developments during our bitcoin investment that increase our decrease our conviction and/or cause us to change our strategies in one direction or another - and perhaps even if there are developments, we still might choose to stick with our strategy - perhaps only based on changes in our discretionary income from time to time along the way.

[Umulala-alala]

Most at times investment becomes gambling and that because they are both risky the earlier one knows the better investment and gambling are risky and everyone has their own opinion finding someone that has thesame goal with you is very difficult and that's because the way I view things might be quiet different from another person

Do you actually imagine that every investment is a risk and could be considered as gambling? Both bitcoin investment and otherwise, and the only virtue that distinguishes a failed and a successful investment is the dedication,  consistency and patience that comes with the result. There is no better investment if there is no consistency,  only that most investment are controlled and others are not.

You find that every investment is risky but it cannot be considered as gambling. For example, I would not be offended if trading is called gambling but considering Bitcoin investment as gambling is very offensive because Bitcoin investment comes with a discretionary income system, long-term goals and successful investment with dedication and patience. Also, in our Nigeria, if you want to get involved in other investment activities, you have to accept high risks, but even though there is risk in Bitcoin investment, it has increased historically over the years, so that level of risk is worth it because if the locals in our country have proper financial management, they will not have to buy Bitcoin with funds outside their discretionary income, which will allow everyone to long-term BTC as they wish.

When it comes bitcoin investment investors are expected to invest using only their discretionary income because nothing is guaranteed in bitcoin investment using money out side your discretionary income to buy bitcoin is considered gambling and such person may want to sell when the market is dropping low so that he wouldn't loss all because he never invested with money he can afford to loss, but investing with your discretionary income will so even enable you to hold your bitcoin for long with out selling in a short time.

[Zigabel]

Do you think that mental and behavioral control are similar important with financial management, risk management  in investing?

✨

Both controls are very much needed in investments and financial management. but another thing is the long term and short term goals of the investors that does matters, because it actually does influences the response of the investors to the movements of the market that is visible to them. if an investor is doing long term, his response and actions will definitely be really different from that which you are going to see the short term investor will be doin at almost every point.

If you are investing long term, most of the short term market moves will not be such a really big issue to you because you have a target and you will be waiting for the time frame to elapse before you will take actions to sell or buy as the situation demands.