Post
Topic
Board Bitcoin Discussion
Re: Why do people compare betting and investing in bitcoin (in terms of risk)?
by
airdnasxela
on 26/02/2020, 08:44:35 UTC
Betting and investing is different from each other and I never see Bitcoin as something we just bet. First of all, betting is for short term while investing is long term. They both have risk but we tend to describe it betting if we're gambling. Basically, Bitcoin isn't considered as a game we can just bet. Betting is like more on luck but investing is not. I'm betting we tend to think of a short term strategy while in investing we need long term planning.