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[CrazySher]

In recent years crypto currencies price goes so high and now much more people than before 2017 know what is crypto and many from them stepped in the crypto trading industry, but before you want to invest must know that are you Investing money to get good return or just Gambling.

I mean are you Investing your money in a good crypto or not?

In simple, before investment on a crypto research about it and it's background and future development of project. If there is a crypto with no good project then, no body will develop it and it will backed by nothing So you just invested in a gamble coin.

For example - Bitcoin, Ethereum and Binance have future scope and backed by strong projects and in other hand coins like Doge, Akita inu, Kishu Inu and Shiba inu( an exception: -started as meme but now have some good project) are just meme tokens, and don't have any strong support just pump and dump by hype.

 

[SCAMEXPOSER]

Trading is by far much better than gambling, trading has a stop loss but gambling is a one time decision so you either gain or loose all.

 

[Skysaint]

Personally, I don't gamble because it is not my line of money making but if I am to advise someone into it , once you hit huge amount of money quit and Invest in other businesses.

That's just it but most times, earning such an amount through gambling will make the individual more interested and addicted to it. It will be quite hard for such person to let go of gambling again

 

[SCAMEXPOSER]

That's just it but most times, earning such an amount through gambling will make the individual more interested and addicted to it. It will be quite hard for such person to let go of gambling again

Someone like me since I know gambling is all about luck I cannot be addicted I rather invest once in a while and use the profit to invest in other business that is reliable.

 

[Skysaint]

Someone like me since I know gambling is all about luck I cannot be addicted I rather invest once in a while and use the profit to invest in other business that is reliable.

Well, that may be okay for you anyway but I have chosen to stay clear from anything gambling. Nowadays you can't even watch a football match peacefully because you made a bet on it

 

[Sotherefore]

I don't see anything wrong with cryptocurrency because it is an investment that can yield you a profitable money especially if you are investing for a long time... Most people who are investing in wrong project are always the one that will lose.

 

[hardMoney]

back in the old days.. crypto is trading.. but now crypto is just like normal online sports gambling program.. is either you win or you lose.

 

[Brain]

With the many sh!tcoins we have being launched by the day just for pump and dump, those are gambling indeed and as you have rightly stated, sound projects are investments with future prospects.

crypto investment isn't gambling like the hyip sites that needs a kind of luck to know where to really invest your money for profit. With crypto even if you are not a day trader and do not have the preknowledge to do it professionally. You can just buy and hold and sell later you would make good profit margin when the price goes up.

 

[Balint098]

Almost all investments have a degree of speculation, and that's the same as gambling. Only government sanctioned bonds can be considered non gambling investment, since there's no guarantee that you will profit in the future if something big like this pandemic happen. Proper investment usually involve more planning and risk management, though.

 

[highspeed]

Well, from a certain point of view I agree with you, in the sense that perhaps it is better to trust cryptocurrencies that are not meme coins.
But nevertheless, on every self-respecting investment, there is always a large risk factor, even on more well-known currencies such as Bitcoin, Ethereum, and others.