Investment Become Gambling

[SPIDERMAN008]

Yes of course dey feel the same way the both of them involve risk of money ,the different is how your take your own risk.
when it comes to both of them only invest money you can be able to lose incase you lose, don't you go and borrow money for investing , because you might end up regretting all of people do such mistakes in our life.

Risk management is indeed a very crucial aspect when it comes to investment. This does not mean that there is no difference between various kinds of risks. The worst thing that an investor could do is borrow money and put it at risk. In my opinion, the best strategy would be to invest only what you are comfortable with losing and keep calm.

Definitely borrowing money isn't an option for someone who want to invest,due to some reason like
1. Investing in bitcoin is actually long term,except foe one who's trading which is risky
2. Bitconer is sometimes volatile, what if you borrow and bitcoin even goes lower
3. It is indefinite, and non-predictable
Thats why Discretionary income is one of the vest decisions to make or have before investing

You are right. Bitcoin is a digital asset where short-time trading is very risky. Because the price of Bitcoin is volatile, it can go up or down at any time. It is impossible to predict when the price of Bitcoin will go up or down. Therefore, those who trade in the short term are the ones who suffer losses in most cases. And trading in Bitcoin with a loan means creating your own mental stress. Even if the price of Bitcoin is falling, you can make a decision like panic selling that you bought Bitcoin with a loan. Trading in Bitcoin with the intention of getting rich in a short time by buying Bitcoin with the necessary money or a loan means putting your financial situation at risk.

[ZeroVinsonN]

 Trading requires market speculations so profiting from it is tough cause of how volatile the market is, although an experienced trader would know how to manage risk and avoid too much loses compared to someone that lacks experience to an extent for instance you can't compare a trader that's good at reading charts and know how to set stop loss and take profits to someone that can't properly do that.

However no matter how good anyone is at managing trading risk, it's still not compared to investing in Bitcoin, Bitcoin investment is more reliable if someone can be patient and focused on accumulation than bothering about that current performance of the market, long term holders have never been disappointed for holding longer.

No matter your ability to read charts or experience in trading, the main point is that it is too risky and it is no where compared to investment, and of course, you stated it above. So, I think there is no point trying to give some credit to trading experience and/or knowledge as a yardstick to measure an extent of risk or loses a trader can make compared to an inexperienced trader.

It's best we stay off from trading, and concentrate on Bitcoin investment as buying Bitcoin consistently using the DCA strategy offers a more peaceful approach to building and growing ones portfolio and/or future investment through investment, rather than chase Short time gains and live under panic all in the name of reading charts and monitoring the narkey

Like long term investment na the safer route, especially for Bitcoin.. Trading fit give person quick profit, but the risk wey follow am too high, and no be everybody fit handle that pressure..

Na why DCA make plenty sense.. You go just dey buy small small with time, no need to dey stress yourself about every market movement or dey monitor chart 24/7.. For most people, that kind approach go give better peace of mind and better results in the long run..

Trading is more riskier than investment and it comes with loads of mind stress. A lot of people will chose peace of mind over stress and that is what DCA is giving. Stress free strategy. Looking at how much success in long term investment we have. That's to tell you the amount of relaxation investors have.

There are situations where traders have been lucky enough to be successful and actually make money from trading but thks only accounts for a very small minority of traders out there, while the majority of them have been losing money over and over, every new trader you see out there wants to be a part of the minority and that's what drives them but the forget that life never just hands over what we invest, investment is much safer with a higher chance of success, granted that success isn't guaranteed but I would rather be in a place with a better chance of success than gamble with my life.

[BluebloodCXVI]

As a newbie if you don’t want your bitcoin investment to turn into gambling, you gotta have a clear plan before you even start to put your money into it.

*Know the reason why you’re even investing in the first place. If you’re gonna be buying an asset like bitcoin, it should be because you believe in its long term value and potential for appreciation not because you think the price will pump up for you tomorrow after you start investing today.

*Use a good strategy that better suits your personal and financial predicament and then stick with that strategy.
If it’s that you are gonna be investing with a fixed amount regularly or buying only when it fits into your plan, no problem with that. It’s better to be consistent than constantly trying to time the market.

*Use only money that you can afford to leave untouched for a long time to invest.
If you think you’re stubborn and then you  go ahead to use money that you might need next week or next month for something to invest, there’s a high chance that you will end up making emotional decisions if the market happens to move against you during that period.

At the end of the day, there’s only a thin line between investing and gambling. It is the decisions you make as an investor that will determine which side of the line you will be placed in.

[Mr_Brilliant$]

 Trading requires market speculations so profiting from it is tough cause of how volatile the market is, although an experienced trader would know how to manage risk and avoid too much loses compared to someone that lacks experience to an extent for instance you can't compare a trader that's good at reading charts and know how to set stop loss and take profits to someone that can't properly do that.

However no matter how good anyone is at managing trading risk, it's still not compared to investing in Bitcoin, Bitcoin investment is more reliable if someone can be patient and focused on accumulation than bothering about that current performance of the market, long term holders have never been disappointed for holding longer.

No matter your ability to read charts or experience in trading, the main point is that it is too risky and it is no where compared to investment, and of course, you stated it above. So, I think there is no point trying to give some credit to trading experience and/or knowledge as a yardstick to measure an extent of risk or loses a trader can make compared to an inexperienced trader.

It's best we stay off from trading, and concentrate on Bitcoin investment as buying Bitcoin consistently using the DCA strategy offers a more peaceful approach to building and growing ones portfolio and/or future investment through investment, rather than chase Short time gains and live under panic all in the name of reading charts and monitoring the narkey

Like long term investment na the safer route, especially for Bitcoin.. Trading fit give person quick profit, but the risk wey follow am too high, and no be everybody fit handle that pressure..

Na why DCA make plenty sense.. You go just dey buy small small with time, no need to dey stress yourself about every market movement or dey monitor chart 24/7.. For most people, that kind approach go give better peace of mind and better results in the long run..

Trading is more riskier than investment and it comes with loads of mind stress. A lot of people will chose peace of mind over stress and that is what DCA is giving. Stress free strategy. Looking at how much success in long term investment we have. That's to tell you the amount of relaxation investors have.

There are situations where traders have been lucky enough to be successful and actually make money from trading but thks only accounts for a very small minority of traders out there, while the majority of them have been losing money over and over, every new trader you see out there wants to be a part of the minority and that's what drives them but the forget that life never just hands over what we invest, investment is much safer with a higher chance of success, granted that success isn't guaranteed but I would rather be in a place with a better chance of success than gamble with my life.

True talk.. Na why I go always choose where my chances high pass.. Nothing for this life dey 100% guaranteed, but if I fit put myself for a better position where the odds dey more in my favor, na that one I go choose any day..
E nor mean say I no fit lose, because losses fit still happen, but at least I know say I dey make decisions based on better probability instead of just depending on luck.. At the end of the day, I go rather take calculated risks than just gamble with my future and hope for miracles.

[GIF-JOBS]

Yes of course dey feel the same way the both of them involve risk of money ,the different is how your take your own risk.
when it comes to both of them only invest money you can be able to lose incase you lose, don't you go and borrow money for investing , because you might end up regretting all of people do such mistakes in our life.

Risk management is indeed a very crucial aspect when it comes to investment. This does not mean that there is no difference between various kinds of risks. The worst thing that an investor could do is borrow money and put it at risk. In my opinion, the best strategy would be to invest only what you are comfortable with losing and keep calm.

Definitely borrowing money isn't an option for someone who want to invest,due to some reason like
1. Investing in bitcoin is actually long term,except foe one who's trading which is risky
2. Bitconer is sometimes volatile, what if you borrow and bitcoin even goes lower
3. It is indefinite, and non-predictable
Thats why Discretionary income is one of the vest decisions to make or have before investing

If someone wants to start with a loan or already has a loan, then they should consider their position before investing. Why they have to take a loan is also an important factor, how they will move forward financially after taking the loan. Taking a loan cannot be bad if the interest rate is relatively low and someone thinks that they can get more returns from Bitcoin, then they can take a risk. However, there is uncertainty with this decision because Bitcoin can also give profits and can also bring losses. Therefore, the decision should be made considering the cost of the loan and their own capabilities.

[Gragebox]

Yes of course dey feel the same way the both of them involve risk of money ,the different is how your take your own risk.
when it comes to both of them only invest money you can be able to lose incase you lose, don't you go and borrow money for investing , because you might end up regretting all of people do such mistakes in our life.

Risk management is indeed a very crucial aspect when it comes to investment. This does not mean that there is no difference between various kinds of risks. The worst thing that an investor could do is borrow money and put it at risk. In my opinion, the best strategy would be to invest only what you are comfortable with losing and keep calm.

Definitely borrowing money isn't an option for someone who want to invest,due to some reason like
1. Investing in bitcoin is actually long term,except foe one who's trading which is risky
2. Bitconer is sometimes volatile, what if you borrow and bitcoin even goes lower
3. It is indefinite, and non-predictable
Thats why Discretionary income is one of the vest decisions to make or have before investing

If someone wants to start with a loan or already has a loan, then they should consider their position before investing. Why they have to take a loan is also an important factor, how they will move forward financially after taking the loan. Taking a loan cannot be bad if the interest rate is relatively low and someone thinks that they can get more returns from Bitcoin, then they can take a risk. However, there is uncertainty with this decision because Bitcoin can also give profits and can also bring losses. Therefore, the decision should be made considering the cost of the loan and their own capabilities.

This is a major crossroads in individual finances. Borrowing money to invest in Bitcoin, also known as leveraging, may be one of the riskiest moves you could ever make.

Sure, when the cost of funds is low and the cryptocurrency market is on the rise, things might seem quite profitable on paper. The point here is that loans have to be repaid regardless of the situation, while the returns from Bitcoin investments are not guaranteed at all. In case of a market collapse, an individual will end up with a depreciated investment while still having legal obligations to return the borrowed amount and the interest charged by the lender.

When an individual has problems with debt, involving the highly volatile cryptocurrency usually means getting into even deeper trouble. All in all, when the risk appetite is not huge and there is no contingency plan, leveraging does not work.

[Hardyrobust]

Yes of course dey feel the same way the both of them involve risk of money ,the different is how your take your own risk.
when it comes to both of them only invest money you can be able to lose incase you lose, don't you go and borrow money for investing , because you might end up regretting all of people do such mistakes in our life.

Risk management is indeed a very crucial aspect when it comes to investment. This does not mean that there is no difference between various kinds of risks. The worst thing that an investor could do is borrow money and put it at risk. In my opinion, the best strategy would be to invest only what you are comfortable with losing and keep calm.

Definitely borrowing money isn't an option for someone who want to invest,due to some reason like
1. Investing in bitcoin is actually long term,except foe one who's trading which is risky
2. Bitconer is sometimes volatile, what if you borrow and bitcoin even goes lower
3. It is indefinite, and non-predictable
Thats why Discretionary income is one of the vest decisions to make or have before investing

If someone wants to start with a loan or already has a loan, then they should consider their position before investing. Why they have to take a loan is also an important factor, how they will move forward financially after taking the loan. Taking a loan cannot be bad if the interest rate is relatively low and someone thinks that they can get more returns from Bitcoin, then they can take a risk. However, there is uncertainty with this decision because Bitcoin can also give profits and can also bring losses. Therefore, the decision should be made considering the cost of the loan and their own capabilities.

Taking a loan and to invest the money in bitcoin isn't a good idea considering the nature of bitcoin as being volatile. Discretionary income is what should be used to invest in bitcoin, anything that is other than this shouldn't be invested in bitcoin. There are people that takes loan with the expectations of paying back the money from other sources but at the end things didn't go as they planned and at the end they are left with no other options but to sell the bitcoin they accumulated using the loan money which at times is even at loss.

[Nwaswago]

As a newbie if you don’t want your bitcoin investment to turn into gambling, you gotta have a clear plan before you even start to put your money into it.

*Know the reason why you’re even investing in the first place. If you’re gonna be buying an asset like bitcoin, it should be because you believe in its long term value and potential for appreciation not because you think the price will pump up for you tomorrow after you start investing today.

*Use a good strategy that better suits your personal and financial predicament and then stick with that strategy.
If it’s that you are gonna be investing with a fixed amount regularly or buying only when it fits into your plan, no problem with that. It’s better to be consistent than constantly trying to time the market.

*Use only money that you can afford to leave untouched for a long time to invest.
If you think you’re stubborn and then you  go ahead to use money that you might need next week or next month for something to invest, there’s a high chance that you will end up making emotional decisions if the market happens to move against you during that period.

At the end of the day, there’s only a thin line between investing and gambling. It is the decisions you make as an investor that will determine which side of the line you will be placed in.

Investment and gambling are both risk to gain profitable income,they just differ in strategy and mathematical ideas.
A true Investment is made on a long term end expectations especially in the case of bitcoin ,why gambling is more like trading a short term expectation,gambling with a coin so volatile like bitcoin will even increase the risk and emotions might be really affected especially in a situation where it was done without strategy and planned capital.
There are few things that can make you turn your Investment to gambling they include ,lack of basic knowledge of bitcoin investment, emotionally weakness, using more than you can afford to lose to put into the risk and many more.

[Grease5000]

Investment and gambling are both risk to gain profitable income,they just differ in strategy and mathematical ideas.
A true Investment is made on a long term end expectations especially in the case of bitcoin ,why gambling is more like trading a short term expectation,gambling with a coin so volatile like bitcoin will even increase the risk and emotions might be really affected especially in a situation where it was done without strategy and planned capital.
There are few things that can make you turn your Investment to gambling they include ,lack of basic knowledge of bitcoin investment, emotionally weakness, using more than you can afford to lose to put into the risk and many more.

Considering the fact that they both involve the the use of money  I won't play down the fact that it both involve risk. But what really makes them apart is the approach. Let for instance in Bitcoin investing it is mostly about accumulating for the long term through DCA with discretionary income. Gambling only starts when someone tries to get rich quickly, borrows money, or keeps making decisions based on emotions instead of following a long term plan. In the end good money management and patience are what separate investing from gambling.

[Tongley]

Taking a loan and to invest the money in bitcoin isn't a good idea considering the nature of bitcoin as being volatile. Discretionary income is what should be used to invest in bitcoin, anything that is other than this shouldn't be invested in bitcoin. There are people that takes loan with the expectations of paying back the money from other sources but at the end things didn't go as they planned and at the end they are left with no other options but to sell the bitcoin they accumulated using the loan money which at times is even at loss.

Borrowed money can be considered or counted as discretionary income by someone. For example, if a person takes a loan for investment based on his financial situation and his funds and if he is able to repay the loan and they do not create any impact on the continuous DCA method or continuous purchase, then he can definitely take a loan and invest. A person who takes a loan for investment without thinking about his financial situation and ability to repay the loan or not has definitely taken a wrong decision and he has become involved in gambling in the name of investment.

I know many such people and there are many people in our family who always take loans and repay the loan by some amount weekly or monthly. All these people take loans based on their financial situation and repay the loan by some amount monthly or weekly and their loan is paid off within 1 or 2 years. If a person can take a loan in this way, then he can definitely take a loan and invest.

[sotelorene]

Investment and gambling are both risk to gain profitable income,they just differ in strategy and mathematical ideas.
A true Investment is made on a long term end expectations especially in the case of bitcoin ,why gambling is more like trading a short term expectation,gambling with a coin so volatile like bitcoin will even increase the risk and emotions might be really affected especially in a situation where it was done without strategy and planned capital.
There are few things that can make you turn your Investment to gambling they include ,lack of basic knowledge of bitcoin investment, emotionally weakness, using more than you can afford to lose to put into the risk and many more.

Considering the fact that they both involve the the use of money  I won't play down the fact that it both involve risk. But what really makes them apart is the approach. Let for instance in Bitcoin investing it is mostly about accumulating for the long term through DCA with discretionary income. Gambling only starts when someone tries to get rich quickly, borrows money, or keeps making decisions based on emotions instead of following a long term plan. In the end good money management and patience are what separate investing from gambling.

At the end of the day impatient is something people should work on because that is one of the major reason people go into gambling and also greed to make millions and billions in a blink of an eye, when they know the possibility is very low even though some people do make it that way, but like I always say, luck and grace are not always the same, our faces doesn't look the same so our luck and grace doesn't too so it will be very wrong to follow someone simply because he is making money in gambling because yours can be holding.

[ZeroVinsonN]

 Trading requires market speculations so profiting from it is tough cause of how volatile the market is, although an experienced trader would know how to manage risk and avoid too much loses compared to someone that lacks experience to an extent for instance you can't compare a trader that's good at reading charts and know how to set stop loss and take profits to someone that can't properly do that.

However no matter how good anyone is at managing trading risk, it's still not compared to investing in Bitcoin, Bitcoin investment is more reliable if someone can be patient and focused on accumulation than bothering about that current performance of the market, long term holders have never been disappointed for holding longer.

No matter your ability to read charts or experience in trading, the main point is that it is too risky and it is no where compared to investment, and of course, you stated it above. So, I think there is no point trying to give some credit to trading experience and/or knowledge as a yardstick to measure an extent of risk or loses a trader can make compared to an inexperienced trader.

It's best we stay off from trading, and concentrate on Bitcoin investment as buying Bitcoin consistently using the DCA strategy offers a more peaceful approach to building and growing ones portfolio and/or future investment through investment, rather than chase Short time gains and live under panic all in the name of reading charts and monitoring the narkey

Like long term investment na the safer route, especially for Bitcoin.. Trading fit give person quick profit, but the risk wey follow am too high, and no be everybody fit handle that pressure..

Na why DCA make plenty sense.. You go just dey buy small small with time, no need to dey stress yourself about every market movement or dey monitor chart 24/7.. For most people, that kind approach go give better peace of mind and better results in the long run..

Trading is more riskier than investment and it comes with loads of mind stress. A lot of people will chose peace of mind over stress and that is what DCA is giving. Stress free strategy. Looking at how much success in long term investment we have. That's to tell you the amount of relaxation investors have.

There are situations where traders have been lucky enough to be successful and actually make money from trading but thks only accounts for a very small minority of traders out there, while the majority of them have been losing money over and over, every new trader you see out there wants to be a part of the minority and that's what drives them but the forget that life never just hands over what we invest, investment is much safer with a higher chance of success, granted that success isn't guaranteed but I would rather be in a place with a better chance of success than gamble with my life.

True talk.. Na why I go always choose where my chances high pass.. Nothing for this life dey 100% guaranteed, but if I fit put myself for a better position where the odds dey more in my favor, na that one I go choose any day..
E nor mean say I no fit lose, because losses fit still happen, but at least I know say I dey make decisions based on better probability instead of just depending on luck.. At the end of the day, I go rather take calculated risks than just gamble with my future and hope for miracles.

Na who gets sense fit make good use of opportunity way dey im front, if person greed no allow am to invest them make they go do trading make them on their own dee say to invest for bitcoin better pass to trade bitcoin by far, just because them hear say one person pack money for trading you go see all of them dey try to join trading too whether them too fit collect small thing but them forget say 'say e work for you no mean day e go work for Uche' everybody grace no bethe same.

[Nwaswago]

Investment and gambling are both risk to gain profitable income,they just differ in strategy and mathematical ideas.
A true Investment is made on a long term end expectations especially in the case of bitcoin ,why gambling is more like trading a short term expectation,gambling with a coin so volatile like bitcoin will even increase the risk and emotions might be really affected especially in a situation where it was done without strategy and planned capital.
There are few things that can make you turn your Investment to gambling they include ,lack of basic knowledge of bitcoin investment, emotionally weakness, using more than you can afford to lose to put into the risk and many more.

Considering the fact that they both involve the the use of money  I won't play down the fact that it both involve risk. But what really makes them apart is the approach. Let for instance in Bitcoin investing it is mostly about accumulating for the long term through DCA with discretionary income. Gambling only starts when someone tries to get rich quickly, borrows money, or keeps making decisions based on emotions instead of following a long term plan. In the end good money management and patience are what separate investing from gambling.

At the end of the day impatient is something people should work on because that is one of the major reason people go into gambling and also greed to make millions and billions in a blink of an eye, when they know the possibility is very low even though some people do make it that way, but like I always say, luck and grace are not always the same, our faces doesn't look the same so our luck and grace doesn't too so it will be very wrong to follow someone simply because he is making money in gambling because yours can be holding.

You spoke right but this is physical you know ,even tho grace and luck differ,we are talking about about the risk management in reality, doing the right thing with the right knowledge will give a definite result, the % of those who goes into gambling is due to emotions and the believe that bitcoin is one of those coin used to short term end time profit.
Everything lies than to first of making a proper decision and having The basics of investment in bitcoin.

[Different patterns]

Yes of course dey feel the same way the both of them involve risk of money ,the different is how your take your own risk.
when it comes to both of them only invest money you can be able to lose incase you lose, don't you go and borrow money for investing , because you might end up regretting all of people do such mistakes in our life.

Risk management is indeed a very crucial aspect when it comes to investment. This does not mean that there is no difference between various kinds of risks. The worst thing that an investor could do is borrow money and put it at risk. In my opinion, the best strategy would be to invest only what you are comfortable with losing and keep calm.

Definitely borrowing money isn't an option for someone who want to invest,due to some reason like
1. Investing in bitcoin is actually long term,except foe one who's trading which is risky
2. Bitconer is sometimes volatile, what if you borrow and bitcoin even goes lower
3. It is indefinite, and non-predictable
Thats why Discretionary income is one of the vest decisions to make or have before investing

If someone wants to start with a loan or already has a loan, then they should consider their position before investing. Why they have to take a loan is also an important factor, how they will move forward financially after taking the loan. Taking a loan cannot be bad if the interest rate is relatively low and someone thinks that they can get more returns from Bitcoin, then they can take a risk. However, there is uncertainty with this decision because Bitcoin can also give profits and can also bring losses. Therefore, the decision should be made considering the cost of the loan and their own capabilities.

Taking a loan and to invest the money in bitcoin isn't a good idea considering the nature of bitcoin as being volatile. Discretionary income is what should be used to invest in bitcoin, anything that is other than this shouldn't be invested in bitcoin. There are people that takes loan with the expectations of paying back the money from other sources but at the end things didn't go as they planned and at the end they are left with no other options but to sell the bitcoin they accumulated using the loan money which at times is even at loss.

You have a point here, because some investors fail to understand that taking a loan to invest in bitcoin is very risky,because bitcoin is volatile, price changes very quickly, you taking a loan to invest, that mean you add unnecessary pressure to investment that already it comes with volatility. Even if investor have a strong believe in bitcoin, still there’s no guarantee that the market will move in your expectation, before you get into the loan repayment due.

But when investor have the discretionary income ready, you don’t have to worry about a loan. Anytime price drops, that gives a chance to hold the bitcoin and wait till market recover, but if investor use loan to buy bitcoin, at the end, you may be forced to sell your bitcoin at a wrong time, because of pressure of repay the load on time, it’s always a good advice to use discretionary income to avoid unnecessary pressure.

[liasbaa]

You spoke right but this is physical you know ,even tho grace and luck differ,we are talking about about the risk management in reality, doing the right thing with the right knowledge will give a definite result, the % of those who goes into gambling is due to emotions and the believe that bitcoin is one of those coin used to short term end time profit.
Everything lies than to first of making a proper decision and having The basics of investment in bitcoin.

In gambling, winning or losing is mostly determined by luck. Experience will only help you make good decisions. Being lucky or God's grace, however you want to depend on others, may lead you to a monotonous belief and make you lazy. You need to be patient in long term Bitcoin investment or if you want to trade, you need to gain experience. Every action involves perseverance. If you want to achieve something without hard work, it will not be sustainable and you will soon collapse because your foundation was not strong.

[MainIbem]

You spoke right but this is physical you know ,even tho grace and luck differ,we are talking about about the risk management in reality, doing the right thing with the right knowledge will give a definite result, the % of those who goes into gambling is due to emotions and the believe that bitcoin is one of those coin used to short term end time profit.
Everything lies than to first of making a proper decision and having The basics of investment in bitcoin.

In gambling, winning or losing is mostly determined by luck. Experience will only help you make good decisions. Being lucky or God's grace, however you want to depend on others, may lead you to a monotonous belief and make you lazy. You need to be patient in long term Bitcoin investment or if you want to trade, you need to gain experience. Every action involves perseverance. If you want to achieve something without hard work, it will not be sustainable and you will soon collapse because your foundation was not strong.

Another thing is that making good decisions doesn't mean that the bet would be successful, that's how risky it is. That's why it's better to channel more discretionary income to Bitcoin investment than any other thing cause being successful might not be guaranteed but being patience can increase the chances of success if Bitcoin continue to behave like it's done over the years. I think people should prioritise hope over luck cause depending on luck comes with more lose than wins.

[SPIDERMAN008]

You spoke right but this is physical you know ,even tho grace and luck differ,we are talking about about the risk management in reality, doing the right thing with the right knowledge will give a definite result, the % of those who goes into gambling is due to emotions and the believe that bitcoin is one of those coin used to short term end time profit.
Everything lies than to first of making a proper decision and having The basics of investment in bitcoin.

In gambling, winning or losing is mostly determined by luck. Experience will only help you make good decisions. Being lucky or God's grace, however you want to depend on others, may lead you to a monotonous belief and make you lazy. You need to be patient in long term Bitcoin investment or if you want to trade, you need to gain experience. Every action involves perseverance. If you want to achieve something without hard work, it will not be sustainable and you will soon collapse because your foundation was not strong.

I agree with you. In the case of Bitcoin, it is never possible to achieve success by investing if you rely only on luck. In trading or gambling, luck can be relied on, but in investing in Bitcoin, success largely depends on proper fund management and long-term holding according to cashflow. Because so far, Bitcoin has given a much higher value than in the past. Most of those who have been able to hold for 4 years are making more or less profit. According to The current price of Bitcoin is just a fantasy that its price will completely decrease or vanish from this price, which is not possible in reality. Therefore, instead of leaving the profit or loss of Bitcoin to luck, you should invest in a fund that can be held for a long time.

[Fiasem20]

You spoke right but this is physical you know ,even tho grace and luck differ,we are talking about about the risk management in reality, doing the right thing with the right knowledge will give a definite result, the % of those who goes into gambling is due to emotions and the believe that bitcoin is one of those coin used to short term end time profit.
Everything lies than to first of making a proper decision and having The basics of investment in bitcoin.

In gambling, winning or losing is mostly determined by luck. Experience will only help you make good decisions. Being lucky or God's grace, however you want to depend on others, may lead you to a monotonous belief and make you lazy. You need to be patient in long term Bitcoin investment or if you want to trade, you need to gain experience. Every action involves perseverance. If you want to achieve something without hard work, it will not be sustainable and you will soon collapse because your foundation was not strong.

Just as you’ve said “every action involves perseverance”,has anyone ever thought of reaping what they didn’t sow?In reality,you must sow to reap,or have you ever seen a farmer that only planted cocoa and during harvest season he’s reaping sugarcane?it’s not possible.In the bitcoin industry,investing is equal to patience while trading is equal to acquiring more knowledge that you could ever think,most persons would say trading is hard but don’t forget almost everything comes with a price,so that price could be dedication to knowing more,even the investment sector that doesn’t require deep knowledge you still have to know some certain things that would keep you going in the crypto space otherwise you might get discouraged along the journey.

[JayJuanGee]

Na why I always dey talk say the basic knowledge na the important thing.. Security nor be one separate course wey person go later learn, e dey inside the basics..
Once you understand the fundamentals, you go know how to protect yourself from common mistakes. Person nor need become security expert before investing, but skipping the basics completely na where the real problem dey start.

You don't even need what you call basic knowledge what you need to your discretionary income and how to buy bitcoin. The moment, you have started your bitcoin investment, you can learn what you think is basic and any other topic of your interest about bitcoin but the most important thing is get started provided your discretionary income is available.

Since, it's a long-term investment journey, you have all the time and flexibility to learn and improve your knowledge and confidence in bitcoin. Common sense can help you figure out your discretionary income and how much will be convenient for you to buy bitcoin with.

Bitcoin security is not important before getting started and I don't see it as a most before getting started because it can be complicated for a brand new investor and that will delay him from starting as he waste his precious time on what wouldn't help him grow his bitcoin portfolio. I started my bitcoin investment without any wallet because I was keeping my funds in Binance but as time goes on, I read more about wallets and differences between self custody which made me chose a good noncustodial wallet of my choice.

I introduced my friend to bitcoin and he has zero knowledge about bitcoin talk more of security but now he has a good stash of bitcoin and has gotten a good wallet for himself too. Wasting time in delaying your bitcoin investment to kick start will deprive you from accumulating a good size of bitcoin in future. Bitcoin investment is practical likewise, the security too. If you don't have any bitcoin how will you learn about wallet security in the best way.

For sure, knowing your discretionary income is important to get started, and at the same time, having common sense is important, which means that you likely do not need to know about security if you are buying $100, $10 or some reasonable amount per week, yet if you are starting with a large amount then you might need to learn about security before you get started.  Many times it is better to start small and then to learn as you go, yet if you are starting big, then you might cause yourself to have to learn more based on how you had chosen to start.

Investment becomes gambling when you stop making decisions based on research and long-term value, and instead rely mainly on luck, speculation, or trying to make quick profits.
Inshort:
Investment: Informed decisions, lower risk, long-term growth.
Gambling: Uncertain outcomes, higher risk, driven mostly by chance or speculation.
A simple way to remember it is: When you're relying more on luck than analysis, investing starts to become gambling.during investing invest big and earn a huge amount

Almost everything in your writing seems correct but in the last line of the paragraph you are probably confused because you mentioned large sums of money when investing. As soon as you become active in investing large sums of money, you will tend to invest most of your funds, giving less importance to real financial matters. If this situation continues regularly, which will gradually lead to aggressive investment, you will eventually get caught up and may actually become poor and may have to withdraw your investment midway. Then you may be forced to sell at a loss. Long term investment plans can be hampered due to ill-considered planning and this is also a kind of gambling.

If guys are starting out investing large amounts, then surely they have to make sure that they are overly investing, going beyond their discretionary funds and they likely have to make sure that they are putting in sufficient efforts to strengthen their cashflow management systems/practices, which includes their back up funds, and so yeah, guys might be proclaiming that they are investing  when they are really gambling and/or buying beyond their own abilities... which might end up causing them to have to sell bitcoin at a time that was not of their own choosing.

[The Founding Titan]

Yes of course dey feel the same way the both of them involve risk of money ,the different is how your take your own risk.
when it comes to both of them only invest money you can be able to lose incase you lose, don't you go and borrow money for investing , because you might end up regretting all of people do such mistakes in our life.

Risk management is indeed a very crucial aspect when it comes to investment. This does not mean that there is no difference between various kinds of risks. The worst thing that an investor could do is borrow money and put it at risk. In my opinion, the best strategy would be to invest only what you are comfortable with losing and keep calm.

Definitely borrowing money isn't an option for someone who want to invest,due to some reason like
1. Investing in bitcoin is actually long term,except foe one who's trading which is risky
2. Bitconer is sometimes volatile, what if you borrow and bitcoin even goes lower
3. It is indefinite, and non-predictable
Thats why Discretionary income is one of the vest decisions to make or have before investing

If someone wants to start with a loan or already has a loan, then they should consider their position before investing. Why they have to take a loan is also an important factor, how they will move forward financially after taking the loan. Taking a loan cannot be bad if the interest rate is relatively low and someone thinks that they can get more returns from Bitcoin, then they can take a risk. However, there is uncertainty with this decision because Bitcoin can also give profits and can also bring losses. Therefore, the decision should be made considering the cost of the loan and their own capabilities.

Why would someone who's just starting out on their bitcoin investment want to start with a loan in the first place, something you are not familiar with and you want to start with borrowed money is the definition of someone making a financial mistake and worst of all this mistake is being made from the very start of their investment journey, for a newbie who wants to start buying bitcoin they should first of all figure out their discretionary income and start buying bitcoin from there.