Is gambling also referred as investment?

[Abbatty]

Gambling will never be an investment. An investment is something I can put my money into without constantly worrying that I’m going to lose it. For example, when I buy Bitcoin and store it in a cold wallet, I understand that the risk of losing my coins is minimal.

At the same time, when I place a bet, I understand that the risk is extremely high, and by the end of the game I could lose my money. That’s why I will never consider gambling to be an investment.

I agree gambling is riskier than investing. But defining an investment by whether you are worried about losing your money doesn't really hold up.

Risk level isn't what separates investing from gambling , and plenty of investments are high risk too.

IMO , if you wanna tell the difference between the two, look at how the returns are generated, not how safe you feel or whether you ended up winning or losing.

I think you are right on this, risk level is not what really separate them, because at the end profit is not guaranteed in both of them. The thing is when you put money into an investment like Bitcoin, with the intention of holding for a long time, there is a possibility of getting a good return, that base on past history. Gambling on the other end is something that you can’t hold for a long period of time, so you can easily get emotionally affected.

The main thing in both of them is to invest or gamble with your discretionary income, at least with that you can be less affected even when there is a loss.

[Olatundespo]

You make it sound like you're the only gambler here or something. We've got plenty of them on this forum, and I doubt many would back you up on this.

Gambling can't and never will be an investment .  They're fundamentally different in what they are, what they're for, and how returns are made, as people have already explained a dozen times in this thread.

You can make money from gambling , but that doesn't make it an investment. Just like you can lose money on an investment, but a losing investment doesn't suddenly become gambling.

Gambling will never be an investment. An investment is something I can put my money into without constantly worrying that I’m going to lose it. For example, when I buy Bitcoin and store it in a cold wallet, I understand that the risk of losing my coins is minimal.

At the same time, when I place a bet, I understand that the risk is extremely high, and by the end of the game I could lose my money. That’s why I will never consider gambling to be an investment.

I agree with you. Gambling is for entertainment. I have heard someone talk about how they would gamble for a long time to win a jackpot and consider all their past losses as an investment. A compulsive gambler has such a weak argument for continuing to gamble regularly. Gambling is a sure way to lose money, but a long term Bitcoin investor will almost certainly be able to build a stack of Bitcoin and have the potential to make high returns.

I take into Bitcoin accumulation to be an easy investment to build wealth slowly. I focus on long term and regular DCA to reduce the risk of losing capital to almost zero. And gambling is almost always the same as losing all your money.

[Showlove01]

Gambling will never be an investment. An investment is something I can put my money into without constantly worrying that I’m going to lose it. For example, when I buy Bitcoin and store it in a cold wallet, I understand that the risk of losing my coins is minimal.

At the same time, when I place a bet, I understand that the risk is extremely high, and by the end of the game I could lose my money. That’s why I will never consider gambling to be an investment.

Perhaps, the reason they are mistaken gambling to investment is because of the fact that both are about making profit or money but that doesn't mean they are the same thing. Investment, since it is not a quick profit scheme people are advised always to use what they can afford to lose, discretionary income to be precise though some people still use what they can not afford to lose that is why they panic and sell and this is a sign of unserious investor and investment is always look long term while gambling is an immediate or short term stuff.

[Joeboy]

~snip~

Perhaps, the reason they are mistaken gambling to investment is because of the fact that both are about making profit or money but that doesn't mean they are the same thing. Investment, since it is not a quick profit scheme people are advised always to use what they can afford to lose, discretionary income to be precise though some people still use what they can not afford to lose that is why they panic and sell and this is a sign of unserious investor and investment is always look long term while gambling is an immediate or short term stuff.

Surely investment isn't naturally gambling, but it could become gambling, and the occurrence of that solely depends on how the investor approaches it..First of, investment is never about profit alone, surely there aren't a million reason or should I say benefits from investing in an assets like say Bitcoin, and monetary profit are just one out of these benefits..But when profit seems to be the major objectives, that can make the investor begin to take unnecessary high-end risks just in hopes of higher return, and such habits is no different from the behavior of gamblers..Some of this high-end risk could involve the investor going all in with the amount they very well cannot afford to lose with the mentality that profit is assured and near, investing without making room for emergency funds, timing and chasing the fluctuation of the price etc...

[CryptoBuds]

Perhaps, the reason they are mistaken gambling to investment is because of the fact that both are about making profit or money but that doesn't mean they are the same thing. Investment, since it is not a quick profit scheme people are advised always to use what they can afford to lose, discretionary income to be precise though some people still use what they can not afford to lose that is why they panic and sell and this is a sign of unserious investor and investment is always look long term while gambling is an immediate or short term stuff.

Surely investment isn't naturally gambling, but it could become gambling, and the occurrence of that solely depends on how the investor approaches it..First of, investment is never about profit alone, surely there aren't a million reason or should I say benefits from investing in an assets like say Bitcoin, and monetary profit are just one out of these benefits..But when profit seems to be the major objectives, that can make the investor begin to take unnecessary high-end risks just in hopes of higher return, and such habits is no different from the behavior of gamblers..Some of this high-end risk could involve the investor going all in with the amount they very well cannot afford to lose with the mentality that profit is assured and near, investing without making room for emergency funds, timing and chasing the fluctuation of the price etc...

There's no way investing itself becomes gambling by nature. What I mean is, even if someone approaches it the wrong way and treats investing like a get rich quick scheme. They're just turning themselves into a gambler, nothing more.

Once you've got that gambler mindset, everything you do is aimed at gambling, and anything of value in your hands can become a gambling tool. However, the nature of an activity or asset doesn't change just because someone uses it the wrong way.

[ndutndut]

Gambling will never be an investment. An investment is something I can put my money into without constantly worrying that I’m going to lose it. For example, when I buy Bitcoin and store it in a cold wallet, I understand that the risk of losing my coins is minimal.

At the same time, when I place a bet, I understand that the risk is extremely high, and by the end of the game I could lose my money. That’s why I will never consider gambling to be an investment.

The view you gave is correct. Gambling really isn’t an investment and the risks are very different even though both involve risk. For example, when investing, like storing Bitcoin in a cold wallet your assets remain and the chance of losing everything is small as long as you don’t panic sell. On the other hand, in gambling, every bet carries the immediate risk of losing all the money you put in a short time, and worse it can make you addicted.

Indeed, the two share a similar goal because they both aim to make a profit, but that doesn’t make them the same. Investing is long-term, while gambling is a short-term speculative activity that mostly relies on luck. So if you mix the two, it will only harm your finances in the short or long term. The main point is not to get confused between gambling and investing or trading activities because it can have serious consequences when you make decisions.

[Big Dirams]

There's no way investing itself becomes gambling by nature. What I mean is, even if someone approaches it the wrong way and treats investing like a get rich quick scheme. They're just turning themselves into a gambler, nothing more.

Once you've got that gambler mindset, everything you do is aimed at gambling, and anything of value in your hands can become a gambling tool. However, the nature of an activity or asset doesn't change just because someone uses it the wrong way.

Investment shouldn’t be treated in that manner of getting rich quick because it won’t happen unless we are trying to invest for a short period of time which that can be considered to trading and not investment anymore. When we are investing especially into bitcoin we should consider having the long term mindset because that when we will be able to see the value of bitcoin (just making bitcoin as an example).
However, gambling and investing are absolutely two different things and when an addicted gambler tries to invest then the approach of gambling would be use and the investment will result into losses due to the approach which was taken there.

[fredericktaylor]

There's no way investing itself becomes gambling by nature. What I mean is, even if someone approaches it the wrong way and treats investing like a get rich quick scheme. They're just turning themselves into a gambler, nothing more.

Once you've got that gambler mindset, everything you do is aimed at gambling, and anything of value in your hands can become a gambling tool. However, the nature of an activity or asset doesn't change just because someone uses it the wrong way.

Investment shouldn’t be treated in that manner of getting rich quick because it won’t happen unless we are trying to invest for a short period of time which that can be considered to trading and not investment anymore. When we are investing especially into bitcoin we should consider having the long term mindset because that when we will be able to see the value of bitcoin (just making bitcoin as an example).
However, gambling and investing are absolutely two different things and when an addicted gambler tries to invest then the approach of gambling would be use and the investment will result into losses due to the approach which was taken there.

It is very important to have a long-term plan through investment, it is never possible to achieve success by investing with a short-term plan, to achieve success you have to be consistent, be aware of the risks, have a specific plan and stick to it patiently until the end.

Gambling and investing are two completely different things, their way to success are different. When a person invests with the intention of getting rich quick with a short-term plan, it is no longer an investment, it becomes gambling, the person quickly loses money and the person is responsible for this, not anyone else.

[Yeesha]

Gambling will never be an investment. An investment is something I can put my money into without constantly worrying that I’m going to lose it. For example, when I buy Bitcoin and store it in a cold wallet, I understand that the risk of losing my coins is minimal.

At the same time, when I place a bet, I understand that the risk is extremely high, and by the end of the game I could lose my money. That’s why I will never consider gambling to be an investment.

I agree gambling is riskier than investing. But defining an investment by whether you are worried about losing your money doesn't really hold up.

Risk level isn't what separates investing from gambling , and plenty of investments are high risk too.

IMO , if you wanna tell the difference between the two, look at how the returns are generated, not how safe you feel or whether you ended up winning or losing.

From my perspective, risk level can separate investment from gambling. Because you need to consider how risky gambling is, especially if someone is addicted to it, plus there is no any strategy that a gambler would use to prevent or minimise loss. Both of them does not guarantee win, but investment offer room for risk management. Gambling can cause a psychosocial problems. Investment gives people the chance to learn from their mistakes, and their is a possibility for them to win huge amount in the future. Gambling is very dangerous and can destroy life and family. Gambling and investment are completely different, they might have similarities but with some certain limitations.

[Alex Nawlo]

I wouldn't call gambling an investment. Both involve risk, but investing is about building value over time, while gambling mostly depends on odds. Winning occasionally doesn't turn it into a reliable financial strategy.

[Itz-prisigold]

From my perspective, risk level can separate investment from gambling. Because you need to consider how risky gambling is, especially if someone is addicted to it, plus there is no any strategy that a gambler would use to prevent or minimise loss. Both of them does not guarantee win, but investment offer room for risk management. Gambling can cause a psychosocial problems. Investment gives people the chance to learn from their mistakes, and their is a possibility for them to win huge amount in the future. Gambling is very dangerous and can destroy life and family. Gambling and investment are completely different, they might have similarities but with some certain limitations.

Well I like the point you made here. The only thing I would add on this discussion is that some people have this mentality of just wanting to win and they don't think about what they will do if things don't go their way.

For instance, an individual can lose money on gambling and crave to keep on playing just to simply get back what he or she has lost. Within some few minutes you'll find out that they have lost even more than they ever wanted.  But when it comes to Investing in Bitcoin you can pause and look at what you're doing and then make a decision on what to do next, rather than feeling like you have to keep investing.

[rachael9385]

The person is wrong for thinking that, especially on the aspect of seeing gambling as a place to multiply your money. We take risks to invest money in something, but the risk is not the same as gambling. Gambling has more risk.

This is one misconception about the comparison between gambling and investments that a lot of people have and this is the reason why they are stuck on that idea that gambling is one of the ways in which they can make an investment but that's totally wrong because gambling is a game of luck and not an actual means to multiply or get a source of income.

Taking some points from the example you gave, if you invest in something, even if its value drops, there is more chance of it increasing over time than the chance you have to recover lost money in gambling, looking at gambling as an investment is a wrong way to view it.

Well, this all depends on what you invest in, let's take shitcoins as an example for most of them you already know that if the value drops they might not increase again, so one has to be careful about the kind of investment they make to avoid such.

I wouldn't call gambling an investment. Both involve risk, but investing is about building value over time, while gambling mostly depends on odds. Winning occasionally doesn't turn it into a reliable financial strategy.

Exactly, people use the excuse about both involving taking risks to put gambling in the same category as investments but they speak from a point of ignorance. Luck doesn't build wealth making an investment is what makes that happen but at the same time nothing is guaranteed.

[Evergreenpost]

Anyone who views gambling as an investment should just know that they will definitely regret it in the long run because there is no way gambling can be considered an investment. Making money from gambling depends entirely on luck, and the point is that luck doesn't work all the time. Luck happens once in a while, so it is very possible for someone to lose 10 or 20 times before they eventually win once.but I don't know what is wrong with some people who, even when they know the truth, continue to deceive themselves. If that is not the case, how can some people even think or say that gambling is an investment?

Sometimes, when I see some people still believing that gambling can make them money, I just wonder,are these people not seeing how almost everyone is constantly complaining about gambling? But maybe it is the few lucky people who win once in a while that boost their confidence and make them continue believing that they can make money from gambling.

[Cgrexp]

Anyone who views gambling as an investment should just know that they will definitely regret it in the long run because there is no way gambling can be considered an investment. Making money from gambling depends entirely on luck, and the point is that luck doesn't work all the time. Luck happens once in a while, so it is very possible for someone to lose 10 or 20 times before they eventually win once.but I don't know what is wrong with some people who, even when they know the truth, continue to deceive themselves. If that is not the case, how can some people even think or say that gambling is an investment?

Sometimes, when I see some people still believing that gambling can make them money, I just wonder,are these people not seeing how almost everyone is constantly complaining about gambling? But maybe it is the few lucky people who win once in a while that boost their confidence and make them continue believing that they can make money from gambling.

It is possible to make money temporarily from gambling.  In the case of investment, money is used in an asset or sector through which there is an opportunity to create value or earn income in the long term. The rules of gambling are designed in such a way that the organizer benefits in the long term. People often remember their winning events and ignore consecutive losses. Some risk more money in the hope of recovering previous losses. As a result the losses increase instead of decreasing. Not everyone considers gambling to be an investment. Some play for entertainment some hope to get rich quickly. Some get caught up in the temptation to get back the money they have already lost. Winning once in gambling and being profitable in the long term are not the same thing. To call something an investment it is not enough to see only the potential for profit.  But the risk economic basis and long-term stability must also be considered. Someone can win money in gambling but considering that possibility as a sure or reliable source of income can be the biggest wrong decision.

[GIF-JOBS]

Gambling will never be an investment. An investment is something I can put my money into without constantly worrying that I’m going to lose it. For example, when I buy Bitcoin and store it in a cold wallet, I understand that the risk of losing my coins is minimal.

At the same time, when I place a bet, I understand that the risk is extremely high, and by the end of the game I could lose my money. That’s why I will never consider gambling to be an investment.

I agree gambling is riskier than investing. But defining an investment by whether you are worried about losing your money doesn't really hold up.

Risk level isn't what separates investing from gambling , and plenty of investments are high risk too.

IMO , if you wanna tell the difference between the two, look at how the returns are generated, not how safe you feel or whether you ended up winning or losing.

From my perspective, risk level can separate investment from gambling. Because you need to consider how risky gambling is, especially if someone is addicted to it, plus there is no any strategy that a gambler would use to prevent or minimise loss. Both of them does not guarantee win, but investment offer room for risk management. Gambling can cause a psychosocial problems. Investment gives people the chance to learn from their mistakes, and their is a possibility for them to win huge amount in the future. Gambling is very dangerous and can destroy life and family. Gambling and investment are completely different, they might have similarities but with some certain limitations.

Yes, and with this type of risk, the way to control them is also different. The biggest difference between investing and gambling is the type of risk you take and the opportunity to control that risk. Risk is in everything, but can you control your risk in gambling? In gambling, do you have anything to do except press the button to roll a dice? There is nothing to do, and so everything here depends solely on luck, there is no way to control the risk here, and everything is under the control of the house, which is why gambling is a completely planned place where your loss is guaranteed.

But in the case of Bitcoin investment, there is also risk here, if you invest, your success will not start from then and your investment will continue to grow, but after investing here you have to endure the volatility of the market, the market will go up and down but here you have to survive consistently and invest consistently. Despite the volatility, if Bitcoin investment is managed correctly, all kinds of financial situations are taken into account to keep the investment safe, and at the same time, if the investment is continued with patience, then your chances will be much better as a result of managing it correctly despite the risks.
That is, the main thing is that you are reducing the risk and increasing the chances by managing the investment correctly, there is no chance of this in so much gambling, and this is where it becomes different and this is its biggest difference.

[Abu-Naim]

Anyone who views gambling as an investment should just know that they will definitely regret it in the long run because there is no way gambling can be considered an investment. Making money from gambling depends entirely on luck, and the point is that luck doesn't work all the time. Luck happens once in a while, so it is very possible for someone to lose 10 or 20 times before they eventually win once.but I don't know what is wrong with some people who, even when they know the truth, continue to deceive themselves. If that is not the case, how can some people even think or say that gambling is an investment?

Sometimes, when I see some people still believing that gambling can make them money, I just wonder,are these people not seeing how almost everyone is constantly complaining about gambling? But maybe it is the few lucky people who win once in a while that boost their confidence and make them continue believing that they can make money from gambling.

Gambling and investment are two different things. Gambling is quick way to double/multiply your money based on odds and the conditions you predicted, while investment is buying an asset to keep, it will maintain its value, and even though the value depreciate, the chances of losing everything is very slim as long it is a valuable asset. This makes the difference here; in gambling, you will lose immediately or win immediately, while investment investment, you can hold and be patient even if the market is not in your favor and sell letter when you are in profit.
He who take gambling as an investment is on his/her way to become gambling addict, and they will regret because gambling will make you sell all your valuable assets to use the money for gambling.

[Su-asa]

I don't consider gambling an investment. An investment is expected to generate value over the long term, while gambling is, most of the time have negative return because the odds favor the house.
Its better treated as entertainment rather than an investment, although im not favor of calling it entertainment since gambling will really suck your money up if you dont have discipline.

Gambling and Investments aren't really connected even though a lot of people assume that they are all because they both involve taking risks but people tend to forget that in gambling the risks can be properly calculated thereby reducing losses. It is better to treat gambling as an entertainment and the reason for that is because it is a game of luck and not not something that profit should be expected from. Although not all investments yields profits, without proper research people out in money into the wrong thing.

[nimogsm]

Anyone who views gambling as an investment should just know that they will definitely regret it in the long run because there is no way gambling can be considered an investment. Making money from gambling depends entirely on luck, and the point is that luck doesn't work all the time. Luck happens once in a while, so it is very possible for someone to lose 10 or 20 times before they eventually win once.but I don't know what is wrong with some people who, even when they know the truth, continue to deceive themselves. If that is not the case, how can some people even think or say that gambling is an investment?

Sometimes, when I see some people still believing that gambling can make them money, I just wonder,are these people not seeing how almost everyone is constantly complaining about gambling? But maybe it is the few lucky people who win once in a while that boost their confidence and make them continue believing that they can make money from gambling.

Because influencers convince a great many people that it’s profitable, and they fall for it after all, everyone wants a good life, and, ideally, they want to become rich with as little effort as possible.Deep down, they realize that this is a problem, but the risk takes the upper hand.

[Tetu100]

Gambling and Investments aren't really connected even though a lot of people assume that they are all because they both involve taking risks but people tend to forget that in gambling the risks can be properly calculated thereby reducing losses. It is better to treat gambling as an entertainment and the reason for that is because it is a game of luck and not not something that profit should be expected from. Although not all investments yields profits, without proper research people out in money into the wrong thing.

Any person that says gambling Should be considered as an investment when it's surpose to be for an entertainment purposes is not only misleading himself but both the general public at large, because that isn't making sense at all. Just as you earlier said, despite how much any dude claimed to know more or has good strategies as they always show off, everything still end up hoping on luck to take its cost.

However, it's better we're telling ourselves some truth here that gambling is solely for fun and entertainment, and every other thing we benefit alongside isn't our right or wherever. So we shouldn't see it as our right or something we should be expecting always because such mindset can trigger addiction.

Furthermore, at the other hands, investment is more secured than gambling. Yes no doubt, not all investments is 100% guaranteed to be honest, some could be more of gamble or even worser. But what is important is to venture into any investment of your choice with the right approach. And most importantly, do not run into any investment just because you see people doing well in it, always ensured that you were prompt or motivated by your own personal findings otherwise you will learn the hard way.

[Jessie2121]

Have a colleague at work place who keeps saying that gambling is also investment that in gambling whatever amount you use to gamble can actually yield back the results, he emphasize on that if you are gambling you should do the best to use a better amount to place your bet so that if you win then you gonna have good pay out.

I paused a bit, while something was ringing in my head that if this dude was joking or if he truly understand what Gambling is. Of course I didn't agreed with him because I know gambling is never investment but a game of entertainment and having fun. Whatever above this is never regarded as an investment rather being too open to be deceived.

In other hands, investment is different from gambling, let say if uses specific amount to buy Bitcoin worth of 100$ and if market drops the investment decreases by dollar equivalent but the fractions of my Bitcoin remains the same till the market took back its place or even move above expected price and I could likely sell to have my profit whereas, I can also hold for longer time as I wishes. But on the contrary, if you uses same amount to gamble when you lose it there is no way to get it back and there is no possibility of winning, in fact the chances are 50/50 base.

Is he right from what you think?

Some persons sees gambling as a means of survival, it all depends on how you see it, OP you can see it as nothing close to investments but I can assure you that we have people who are gaining more in gambling, it could be that the reason why some don't see it as a means of investment is because they are doing it wrongly and they are not consistent that is why. When something start favoring I see no reason why you'd love to leave that thing and say something like is not good to my financial status, no, if gambling have been a means of you making crazy cash I don't think you would be saying is not a means of investment, to me it is. Anything you risk to get profit I think it should be called a form of investment not because you failed that is when you say is bad and all that, let's put it this way, Bitcoin investments doesn't always go the way want planned and wanted but we still stick to it because we see it differently, either way both are form of investment as long as there is something we gain from either of them, only thing you'd say is that you don't like gambling that it is bad, maybe I can agree with you on that aspect.