When I buy Bitcoin or any other asset for investment purposes, I get the opportunity to own it. Although the price of that asset may decrease, if the market is in a good position again in the future, I will have the opportunity to profit and this asset will always be mine. Even here, the possibility of future profit is very high.
When I bet on any gambling sites, it does not create wealth, rather the money I bet depends on a specific outcome where the possibility of loss is much higher than profit.
Isn't it clear when analyzing the two issues that investment and gambling are never the same?
Even if your Bitcoin investment doesnt work out as you expected and you lose money for some reason, its still an investment. Because you're owning asset with the expectation that its value will go up and make you a profit in the future.
On the other hand, even if you make a lot of money from gambling, that doesn't make it an investment. You don't actually own anything, and the result still mainly comes down to luck.
The result isn't what tells you whether something is gambling or investing. It's what you own and how the profit is made.
Yes, exactly my friend. Both investing and gambling are basically very different in name and in their fundamentals, even though both carry risks.
When we invest, we own the asset we invest in and can keep it, transfer it or sell it later. The price can go up or even drop quickly, but the asset still belongs to us, and its value depends on our analysis, not just random outcomes. In investing the chance of future profit exists as long as we hold onto the asset.
On the other hand, in gambling there are no assets at all. The money you bet is either lost or multiplied purely based on specific outcomes, like in a football match where the chances of losing are usually higher and when you lose, there’s nothing left. The point is, the difference between the two is very clear from the start in investing you buy assets and can actually own them with the hope that their value will go up, whereas gambling is purely based on luck.