Investment Become Gambling

[ejikeme24]

Some out there are like this after hearing about bitcoin for years they still have not get them self started with the lest sats by weekly or either monthly buys in regular set up plan.

They are still waiting to buy but the real deal is that you do not wait to buy bitcoin but you instead buy and wait by holding your BTC for a long duration of appreciable years. Can be 6 to 10 years of investment holding towards it maturity .

Some out there are like that, but the majority of people we have are not the ones looking to grab all the information they need first, as the information won't cost them anything,

What is the essence of wanting to grab the information about Bitcoin investment when they can't even invest? For me I just see it as a waste of time and If I figure out that the person I'm teaching about Bitcoin investment didn't even have the intention to invest into Bitcoin probably just trying to force words out from my mouth I will just let them be because there's no need of wasting my time to teach someone who is not even interested to invest or planning to start anytime soon because even though you teach them about Bitcoin investment that moment they will still forget it and still come back to you maybe when they finally make up their mind to invest.

[Omj1014]

Yes. You would need to actually make up your mind and decide if you want to put your money into an investment opportunity and for a set duration. I myself would try and arm myself with enough information as i can get about and have at least, an average knowledge about something before Invest in it. So learning alongside investing is not really ideal for me.
It's easy to get jittery when investing in bitcoin cause of its volatile nature. But then, look at how far it has come and done over the years. It has overcome naysayers and today, more people than ever are aware and using it. The potential for even more growth is there only if one can manage to hold onto theirs for the long haul.

You may have been in this forum far longer than I have, but still I doubt if you really understand how Bitcoin works... Sure you are at liberty to do whatever you feels it's best for your investment, but yet understand that you really cannot understand Bitcoin by just reading about it, you understand better and effectively by getting involved(experience)... And the involvement of folks can come from them starting out small with basic knowledge and then learning more as you go on.. Folks who kickstart their investment with small amount while having to learn as they go will be more privileged than those folks who wait until they have armed themselves with enough informations before getting started...And this privileges comes from the fact that those folks who started and learnt as they go will tend to have a better and faster portfolio as well as understanding Bitcoin more due to experience that is gathered by getting involved..

I was going to say a similar thing to Iroh, and he has been registered on the forum since May 2022, yet perhaps he has been thinking about bitcoin for the whole time that he has been registered here, yet he has been and continues to be failing/refusing to get the fuck started..  

So then, nearly 4 years and has he started to buy bitcoin yet?  if not?  when is he going to start?  He does not seem to be in a good place to be giving advice, if he has not yet started investing into bitcoin.

If Iroh had started investing $100 per week into bitcoin starting in May 2022 until now, then he would have nearly 4 years investing into bitcoin, and he would have had invested right around $20k into bitcoin, and he would have had accumulated right around 0.5 BTC, which would be a really great place to be right now based on $20k invested over a little less than 4 years.

I think that a lot of normal people would like to be in a place as to have had gotten themselves of holding 0.5 BTC for some thing like $20k invested over a little less than 4 years..

I agree with the sentiment that you can't truly understand Bitcoin until you own some. There’s a psychological shift that happens when you move from observer to holder.
If Iroh had just started with even $10 or $20 a week back in 2022, the technical hurdles (wallets, seed phrases, etc.) would be second nature by now. Analysis paralysis is the biggest portfolio killer. Better to be a clueless buyer in a bear market than a genius observer watching the ship sail from the shore.

[JayJuanGee]

Which one would you rather be?  Do you see the difference and why it matters, especially over 10-ish years?

You have clearly shown the difference with proper calculation, I can also see that difference myself. The reason behind the difference is something both of us already understand but the main point here is that everything depends on a person’s income.

My example was not about income.  My example was to show that you have choice of aggressiveness versus not within the income that you make.  Sure, you may or may not be able to increase your income, yet you can make choices within the income that you have, too.

I doubt that it does a lot of good to be dwelling on matters that are not within our control or perhaps comparing ourselves with someone who has different income circumstances unless perhaps we are able to change our income circumstances to get to their level.

Naturally, not everyone earns the same amount,

When we create a hypothetical we try to keep various factors constant... so you are likely getting distracted if you are not able to see the example in terms of having the constants to make the point.

so one person may be able to invest $100 every week while another person can only invest $10 according to their capacity.

So what?  Which person are you? And, what are you doing within your own capacity?  yeah, I understand that sometimes a person might have time constraint, health constraints , family obligation constraints, so they might not be able to change their income.  They still need to work with whatever they have in terms of their own circumstances.

Even though there is a difference between them, I believe the most important thing is that both of them are still paying attention to investing.

I doubt it.  They are making choices about how serious they are about bitcoin and there are consequences.  I described you two persons with similar income levels and they chose different paths.  yeah, they have a right to chose their paths and there are consequences to their choices. .and they are not equal in the level of their paying attention since one chose 10x more and other chose 10x less (or 10% the level of the other guy).  That is not equally paying attention, even if they have the right to make their choices about what they prioritize, how much and how much to act upon which one they prioritize.

The first one would have the option to go into fuck you status andthe second one would be a long way from fuck you status.  They were equal and they made choices in regards to the level of their aggressiveness in their investment into bitcoin..

Whether someone gives a 'fuck you' status or not mostly depends on their level of investment. If two people were earning almost the same income and, after covering their expenses, the remaining money led to a difference in investment like $100 and $10, then that kind of 'fuck you' status could be mentioned. But when a person’s income is already small, it is quite normal that they would not use such a 'fuck you' status just because their investment amount is low.

In the example that I gave they were each making $30k per year.  The first guy could quit his job and withdraw $80k per year from his bitcoin.

The second guy would ONLY be able to withdraw $8k per year from his income, so the first guy is in a better place and with more options as compared with the second guy who does not have enough invested (saved up) to be able to quit his job and live off of his bitcoin .. so the second guy has to perhaps keep working and investing in bitcoin for another cycle or two... If they are both in their late 40s or early 50s after 10 years, then maybe it is not a BIG deal, but if they are in their early 60s or older, then it could be quite difficult for the second guy to be able to continue to work, but he might not have options based on his situation.

One important point that can be mentioned is that an investor who maintains a DCA strategy can increase the amount of investment depending on their financial income during the investment period. If a person is investing a certain amount from one source of income and later that source of income increases, then it is possible for the person to increase the amount they invest as well.

Examples are given in order to not overly complicate the situation, and sure in real life you can make various adjustments as you go, and you might invest more during periods that your income is higher and less during periods that your income is lower.

No matter how much we talk about it, the truth is that everything depends on a person’s financial improvement.

Not everyone is in a position to be able to improve their financial circumstances, so they have to figure out ways of dealing with the income situation that they have.

To put it more simply, it is clear that a small investor will likely change the level of their investment if their income improves.

Maybe they will, and maybe they won't.  The example is meant to show different choices that they made. Of course, you can choose your own level and make changes if you choose to do so.
 

Since the person is already investing a small amount, it shows that they understand the basics of investment and once their earnings increase, there is little doubt that they will also increase the amount they invest.

You seem to be presuming too much.  Some people engage in self improvement, and other people get distracted.  We make all kinds of choices in life and some of them are more beneficial than others, and some folks never really improve themselves and/or their financial circumstances, even when they have abilities to do so, which was part of the reason that I showed the two examples that had similar financial circumstances, yet guys who differed in their priority choices.

[Smartvirus]

I agree with the sentiment that you can't truly understand Bitcoin until you own some. There’s a psychological shift that happens when you move from observer to holder.
If Iroh had just started with even $10 or $20 a week back in 2022, the technical hurdles (wallets, seed phrases, etc.) would be second nature by now. Analysis paralysis is the biggest portfolio killer. Better to be a clueless buyer in a bear market than a genius observer watching the ship sail from the shore.

It’s not really a psychological thing, more like you being more aware of how the Bitcoin space works, its network and how to send, receive and safeguard your seed phrase and the emotions that clouds judgement on market movements.

It’s a whole different ball game when you are having to build these experiences than sitting on the sidelines being all theoretical and not having an actual feel of what it is like to own Bitcoin and be affected by its market conditions.

[icebar]

For me I just see it as a waste of time and If I figure out that the person I'm teaching about Bitcoin investment didn't even have the intention to invest into Bitcoin probably just trying to force words out from my mouth I will just let them be because there's no need of wasting my time to teach someone who is not even interested to invest or planning to start anytime soon because even though you teach them about Bitcoin investment that moment they will still forget it and still come back to you maybe when they finally make up their mind to invest.

Not everyone has a good idea about investing. So, if someone is given an idea about Bitcoin investment in the beginning, it is not bad. Because the person who had no idea can benefit from you. It does not work the same in all cases. There are some who are initially encouraged if given such an idea, but if they face losses, they will treat you negatively. Some may hold you responsible for that loss. That is why you should be extremely careful when giving someone an idea about Bitcoin. If there is someone who is encouraged to make profit but does not want to be a part of the loss, you should not inform such people about investment.

[Joeboy]

~snip

In the example that I gave they were each making $30k per year.  The first guy could quit his job and withdraw $80k per year from his bitcoin.

The second guy would ONLY be able to withdraw $8k per year from his income, so the first guy is in a better place and with more options as compared with the second guy who does not have enough invested (saved up) to be able to quit his job and live off of his bitcoin .. so the second guy has to perhaps keep working and investing in bitcoin for another cycle or two... If they are both in their late 40s or early 50s after 10 years, then maybe it is not a BIG deal, but if they are in their early 60s or older, then it could be quite difficult for the second guy to be able to continue to work, but he might not have options based on his situation.

Both guys seemed to be in the same financial position, but the differences between them is that one chose to give more priority to Bitcoin, even up to the point that he had to take the aggressive approach of investing $100 on a weekly basis, while the second guy well he was too distracted with other things that he gave little importance to Bitcoin and so he chose the $10 weekly purchases.... So yeah folks are at liberty of making whatever choices about ways to go about their investments( either by taking an aggressive/a non aggressive position), but then what they have to understand is that whatever approach that they adopts, always comes with it own consequences....

For example if folks have the means of being aggressive in their accumulation, but still choose to take a more gradual approach of investing it could slow down the rate and time it would have taken them to reach their "Fuck You Status" and then vice versa....

[Fivestar4everMVP]

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

By experience, I can tell for sure that holding your investment and watching it rise and fall due to the market fluctuations can be really tempting, and it takes a strong determination and focus to not fall for such temptation, but what is the temptation? Someone might want to ask..

The temptation is to try to trade with the investment believing it's a way to increase our holding/portfolio without adding any new money to the investment.
Newbies are the ones who mostly fall into temptations like this, you watch your portfolio rise and fall, and you be like, what if I could sell when the price goes up and then buy it back plus more when the price goes down ?..
To the ordinary mind, it's seems feasible and easy, so they jump on it only to realize how difficult it is to actually execute this type of strategy successfully without ending up losing money.

[JayJuanGee]

For me I just see it as a waste of time and If I figure out that the person I'm teaching about Bitcoin investment didn't even have the intention to invest into Bitcoin probably just trying to force words out from my mouth I will just let them be because there's no need of wasting my time to teach someone who is not even interested to invest or planning to start anytime soon because even though you teach them about Bitcoin investment that moment they will still forget it and still come back to you maybe when they finally make up their mind to invest.

Not everyone has a good idea about investing. So, if someone is given an idea about Bitcoin investment in the beginning, it is not bad. Because the person who had no idea can benefit from you. It does not work the same in all cases. There are some who are initially encouraged if given such an idea, but if they face losses, they will treat you negatively. Some may hold you responsible for that loss. That is why you should be extremely careful when giving someone an idea about Bitcoin. If there is someone who is encouraged to make profit but does not want to be a part of the loss, you should not inform such people about investment.

I think that it is good to share ideas about bitcoin with friends and/or relatives, and you are not responsible for their actions or their lack of actions, even if they might later fail/refuse to take responsibility for their own choices.

You also likely have an obligation to tell friends/relatives about bitcoin.  You don't seem like a good friend and/or relative if you are keeping such secrets from people, and it seems to me that the ONLY reason that seems reasonable to not tell friends/relatives about bitcoin is based on if there might be reasonably tangible issues with your own security based on information that you share.. ..but, yeah otherwise information about bitcoin should be shared with friends and relatives and perhaps even others, such as merchants.. by asking them if they accept bitcoin or not.. ..

As a general rule (a variation from Fight club): talk about bitcoin, but not about your bitcoin... something like that..

~snip

In the example that I gave they were each making $30k per year.  The first guy could quit his job and withdraw $80k per year from his bitcoin.

The second guy would ONLY be able to withdraw $8k per year from his income, so the first guy is in a better place and with more options as compared with the second guy who does not have enough invested (saved up) to be able to quit his job and live off of his bitcoin .. so the second guy has to perhaps keep working and investing in bitcoin for another cycle or two... If they are both in their late 40s or early 50s after 10 years, then maybe it is not a BIG deal, but if they are in their early 60s or older, then it could be quite difficult for the second guy to be able to continue to work, but he might not have options based on his situation.

Both guys seemed to be in the same financial position, but the differences between them is that one chose to give more priority to Bitcoin, even up to the point that he had to take the aggressive approach of investing $100 on a weekly basis, while the second guy well he was too distracted with other things that he gave little importance to Bitcoin and so he chose the $10 weekly purchases.... So yeah folks are at liberty of making whatever choices about ways to go about their investments( either by taking an aggressive/a non aggressive position), but then what they have to understand is that whatever approach that they adopts, always comes with it own consequences....

For example if folks have the means of being aggressive in their accumulation, but still choose to take a more gradual approach of investing it could slow down the rate and time it would have taken them to reach their "Fuck You Status" and then vice versa....

Exactly.. and 10 years is a long time that none of us will get back those 10 years once they have passed and/or be able to go back in time. 

Time is one of the most powerful of tools that investors can attempt to use to their advantage, yet if they squander it away, then the lack of time can end up becoming a disadvantage.. .in which we end up largely stuck in whatever position that we end up getting ourselves into.. (sometimes through actions/inactions, and surely some luck involved, too).

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

By experience, I can tell for sure that holding your investment and watching it rise and fall due to the market fluctuations can be really tempting, and it takes a strong determination and focus to not fall for such temptation, but what is the temptation? Someone might want to ask..

The temptation is to try to trade with the investment believing it's a way to increase our holding/portfolio without adding any new money to the investment.
Newbies are the ones who mostly fall into temptations like this, you watch your portfolio rise and fall, and you be like, what if I could sell when the price goes up and then buy it back plus more when the price goes down ?..
To the ordinary mind, it's seems feasible and easy, so they jump on it only to realize how difficult it is to actually execute this type of strategy successfully without ending up losing money.

Forcing yourself to ongoingly buy no matter what (such as weekly) especially in your first whole cycle in bitcoin (4-6 years) is quite likely to help to reinforce a better mindset based on reinforced practices... and the odds are quite likely that you are going to end up in a way better financial position (and thus better psychological position too) based on having had followed a consistent and persistent buying practice... but yeah, the results of your better practices might take a bit of time to show themselves (and such positive are not guaranteed, either).

[Fiasem20]

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

By experience, I can tell for sure that holding your investment and watching it rise and fall due to the market fluctuations can be really tempting, and it takes a strong determination and focus to not fall for such temptation, but what is the temptation? Someone might want to ask..

The temptation is to try to trade with the investment believing it's a way to increase our holding/portfolio without adding any new money to the investment.
Newbies are the ones who mostly fall into temptations like this, you watch your portfolio rise and fall, and you be like, what if I could sell when the price goes up and then buy it back plus more when the price goes down ?..
To the ordinary mind, it's seems feasible and easy, so they jump on it only to realize how difficult it is to actually execute this type of strategy successfully without ending up losing money.

Honestly,tracking the price movement of bitcoin shouldn’t be for newbies or even most veterans.It could be challenging to an individual when they watch their portfolio drop drastically due to the price decline of bitcoin.So as long term investors it’s quite crucial to avoid checking the price movement all the times,because it may stand as a form of discouragement most especially to the new investors.I think most investors are into this strategy you just mentioned and I wouldn’t advise any new investor to try such,rather stick to a preferred strategy and hold for the long term if only your goal is fixed for the long term.

[Derekfunds]

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

By experience, I can tell for sure that holding your investment and watching it rise and fall due to the market fluctuations can be really tempting, and it takes a strong determination and focus to not fall for such temptation, but what is the temptation? Someone might want to ask..

The temptation is to try to trade with the investment believing it's a way to increase our holding/portfolio without adding any new money to the investment.
Newbies are the ones who mostly fall into temptations like this, you watch your portfolio rise and fall, and you be like, what if I could sell when the price goes up and then buy it back plus more when the price goes down ?..
To the ordinary mind, it's seems feasible and easy, so they jump on it only to realize how difficult it is to actually execute this type of strategy successfully without ending up losing money.

Honestly,tracking the price movement of bitcoin shouldn’t be for newbies or even most veterans.It could be challenging to an individual when they watch their portfolio drop drastically due to the price decline of bitcoin.So as long term investors it’s quite crucial to avoid checking the price movement all the times,because it may stand as a form of discouragement most especially to the new investors.I think most investors are into this strategy you just mentioned and I wouldn’t advise any new investor to try such,rather stick to a preferred strategy and hold for the long term if only your goal is fixed for the long term.

There is nothing wrong in checking the market maybe once in awhile but not regularly and even if someone decides to be checking it, they won't be tempted to sell or discourage if actually they are long term holders but someone who is not a long-term holder and has not really made up their mind to hold for long term can be discourage or tempted so easily due to downtrend of the market.  Change is what happens at any time but genuine holder will never be tempted to sell no matter the decline because they understand the market and secondly they used their discretionary.

[Versatile_choice]

Honestly,tracking the price movement of bitcoin shouldn’t be for newbies or even most veterans.It could be challenging to an individual when they watch their portfolio drop drastically due to the price decline of bitcoin.So as long term investors it’s quite crucial to avoid checking the price movement all the times,because it may stand as a form of discouragement most especially to the new investors.I think most investors are into this strategy you just mentioned and I wouldn’t advise any new investor to try such,rather stick to a preferred strategy and hold for the long term if only your goal is fixed for the long term.

It is easier said than done, although what you said is right tracking the price movement sometimes can make investor to start having the mindset of traders because when they see that the market is moving up-ward they might decide to sell to take profit forgetting that they are investing for long term, so this is not only for newbies but for those who are investing for long term, because if they are too close to the market they might end up ruin their plans. i Know surely there are people who are doing that without being tempted and that is because they are very disciplined, those who are not well disciplined should not engage themselves into tracking the price or monitoring the market.

[Solodoski]

It is easier said than done, although what you said is right tracking the price movement sometimes can make investor to start having the mindset of traders because when they see that the market is moving up-ward they might decide to sell to take profit forgetting that they are investing for long term, so this is not only for newbies but for those who are investing for long term, because if they are too close to the market they might end up ruin their plans. i Know surely there are people who are doing that without being tempted and that is because they are very disciplined, those who are not well disciplined should not engage themselves into tracking the price or monitoring the market.

Constantly checking the price of bitcoin don't make you a trader. An investor can still choose to track the price of bitcoin out of curiosity or passion for bitcoin. It does not make him a trader like we all say it. Although traders are guilty for checking the price, and traders check the price consistently for a particular reason, which I believe we all know. A true investor does not check the price of bitcoin consistently with the intention of selling in case the price is going down and perhaps if he is on profit. If an investor does that, he has been tempted to become a trader.

[Nathrixxx]

It is emphatically obvious that some are investing and seeing it as gambling, well we still have some that do gamble and have the wrong mentality that what they are doing is an investment and they must earn from it, loss of priority from what is expected of us is very common especially when we Gamble, people tend to do things that should be easily achieved on the difficult way, but when we invest with optimum precautionary measure, the level of risk exposure will be minimized and we are going to have an increasing profit winning.

[Olatundespo]

It is easier said than done, although what you said is right tracking the price movement sometimes can make investor to start having the mindset of traders because when they see that the market is moving up-ward they might decide to sell to take profit forgetting that they are investing for long term, so this is not only for newbies but for those who are investing for long term, because if they are too close to the market they might end up ruin their plans. i Know surely there are people who are doing that without being tempted and that is because they are very disciplined, those who are not well disciplined should not engage themselves into tracking the price or monitoring the market.

Constantly checking the price of bitcoin don't make you a trader. An investor can still choose to track the price of bitcoin out of curiosity or passion for bitcoin. It does not make him a trader like we all say it. Although traders are guilty for checking the price, and traders check the price consistently for a particular reason, which I believe we all know. A true investor does not check the price of bitcoin consistently with the intention of selling in case the price is going down and perhaps if he is on profit. If an investor does that, he has been tempted to become a trader.

Many folk check the price of Bitcoin out of curiosity, but traders look at it more because its profit and loss are associated with the decrease or increase in price. When I was trading I used to check the graph countless times a day. Currently I am involved in long-term investments but I do not feel the need to check the price. Checking the price of Bitcoin frequently can be a trading attitude on the one hand, but it can be curiosity on the other hand, but long term investors never check the price frequently. When the purpose of saving Bitcoin reaches a point you will continue to accumulate Bitcoin and continuously until you reach that desired investment level.

[sotelorene]

It is emphatically obvious that some are investing and seeing it as gambling, well we still have some that do gamble and have the wrong mentality that what they are doing is an investment and they must earn from it, loss of priority from what is expected of us is very common especially when we Gamble, people tend to do things that should be easily achieved on the difficult way, but when we invest with optimum precautionary measure, the level of risk exposure will be minimized and we are going to have an increasing profit winning.

That is misplacement of idea or goal and that also show lack of knowledge and understanding, how would someone be investing and then seeing it as trading it doesn't make any sense it is pretty clear they are ignorant of what they are doing it is dangerous not to know what someone is actually doing because you will easily make the wrong choices and decisions and sometimes you can take unnecessary actions that will backfire on them and Bitcoin won't mind if someone is ignorant or not and there is also a saying that " ignorant is not an excuse in the court of law" because you will be punished or judged ignorantly.

[Abu-Naim]

It is emphatically obvious that some are investing and seeing it as gambling, well we still have some that do gamble and have the wrong mentality that what they are doing is an investment and they must earn from it, loss of priority from what is expected of us is very common especially when we Gamble, people tend to do things that should be easily achieved on the difficult way, but when we invest with optimum precautionary measure, the level of risk exposure will be minimized and we are going to have an increasing profit winning.

Still on these narratives, I think Bitcoin investment can never be referred as gambling, unless if you decide to trade as a day spot trader or future trader who only wanted to predict for short period of time; once the market go against them, they lose money immediately that is why they are referred or compared to gambling.

All long-term Bitcoin holders and investors are not gambling, they are making profit on a long run and they are safe from inflation because Bitcoin retains its value and you will make profit from the investment.

Some people wanted to invest but lack capital, while some people have the same capital but didn’t believe in Bitcoin to invest in, such people are always regretting not investing in Bitcoin when they have the opportunity to do so.

[Joeboy]

It is emphatically obvious that some are investing and seeing it as gambling, well we still have some that do gamble and have the wrong mentality that what they are doing is an investment and they must earn from it, loss of priority from what is expected of us is very common especially when we Gamble, people tend to do things that should be easily achieved on the difficult way, but when we invest with optimum precautionary measure, the level of risk exposure will be minimized and we are going to have an increasing profit winning.

Really what does optimum precautionary measure even mean, I don't follow? Well let me assume that it is making use of discretionary income, having backup and whatnot....But then just so you know, folks could follow every precautionary measure their is to follow and still not be in profit, I hope you know that, and that is so coz profit isn't always a guarantee.... And again, volatility in Bitcoin real and it is not what can be erased, so don't always be expecting "increasing profit winning(that even sounds like a term used by gamblers)" coz Bitcoin price dosen't move in one straight pattern, and so there could be days when the the price might even go lower than the price that you bought it and stay so for a very long period before its recovery, that's why Bitcoin is volatile....

[Gost ms]

It is emphatically obvious that some are investing and seeing it as gambling, well we still have some that do gamble and have the wrong mentality that what they are doing is an investment and they must earn from it, loss of priority from what is expected of us is very common especially when we Gamble, people tend to do things that should be easily achieved on the difficult way, but when we invest with optimum precautionary measure, the level of risk exposure will be minimized and we are going to have an increasing profit winning.

A wise person will never see investment as gambling or call it gambling. The one who calls investment gambling may not know what investment is and what trading is. Investment is holding an asset for a long term with the aim of making a profit from that asset. Trading is holding an asset for a short term for 1 month or 2 hours and selling it if the price increases or if it does not increase within your time frame and facing a loss.

Bitcoin is an asset Those who currently see Bitcoin as a digital currency and sell all their holdings after investing in it for a long term are fools. Nowadays, every big company is considering Bitcoin as an asset and holding it for a long term, not only companies but also many countries are keeping Bitcoin as a reserve.

[The Founding Titan]

It is emphatically obvious that some are investing and seeing it as gambling, well we still have some that do gamble and have the wrong mentality that what they are doing is an investment and they must earn from it, loss of priority from what is expected of us is very common especially when we Gamble, people tend to do things that should be easily achieved on the difficult way, but when we invest with optimum precautionary measure, the level of risk exposure will be minimized and we are going to have an increasing profit winning.

Still on these narratives, I think Bitcoin investment can never be referred as gambling, unless if you decide to trade as a day spot trader or future trader who only wanted to predict for short period of time; once the market go against them, they lose money immediately that is why they are referred or compared to gambling.

All long-term Bitcoin holders and investors are not gambling, they are making profit on a long run and they are safe from inflation because Bitcoin retains its value and you will make profit from the investment.

Some people wanted to invest but lack capital, while some people have the same capital but didn’t believe in Bitcoin to invest in, such people are always regretting not investing in Bitcoin when they have the opportunity to do so.

The involvement of risks doesn't make bitcoin investment gambling, if it did then every kind of investment out there would be gambling too but they are not so bitcoin investment isn't gambling, I think it's the gambling traders that are calling bitcoin investment gambling simply because they are always looking for ways to equate bitcoin investment to their trading in an attempt to make trading seem as plausible as investing, they can try all they want but they will never be able to convince me that bitcoin investment is the same thing as trading and their chances are more or less impossible to convince me that investment is the same as gambling.

[Alonso_]

It is impossible to understand everything about bitcoin, which is why we should be more concerned about having a basic understanding and knowledge about bitcoin, and there is no way you will have to know everything before getting started with bitcoin which is why it’s more important to understand bitcoin and start little by little by having the basic knowledge that will push you to get started, then when you have started investing in bitcoin then it’s obvious you know to approach the bitcoin market and learn that it’s not about bitcoin being gambling, I think bitcoin investment can become gambling when we are bitcoin traders instead of bitcoin investors.