Quote from: crunck on June 10, 2023, 03:02:51 PM

The line between gambling and investing is very thin. If someone invests without knowledge, investing in a way that relies on chance, they will call it gambling. But if someone has market research, a clear strategy, a plan, they will not consider investing as gambling. But there's also nothing wrong with saying that investing in crypto is gambling because if someone just invests in shitcoins, that person is gambling rather than investing. They are expecting a profit from chance, it is no different from gambling.

No not thin, because in investing we can do an analysis but in gambling we will just bet and hope that we can get lucky. For those naive investors who just invest blindly invest on a meme coin, we can say that they are gambling. Like in gambling, once we already earn in our meme coin investment, we shouldn't re-invest on them because they will now turn into a scam.

I'm not saying that the gambling site will also turn into a scam once we win but we may not be lucky this time around. I already experienced this a lot of times though. There is nothing if you say that investing in crypto is like a gambling because both of them has a risk and reward system. The only difference of gambling is that it is entertaining.