Post
Topic
Board Economics
Re: Why is Gamble gain more fans than Bitcoin?
by
axxo
on 19/07/2023, 00:24:29 UTC
In the world to day gambling is leading instead of BitcoinBTC (crypto currency) and more are still wanting to join gambling because the minimum age to gamble is 18+ and lot of upcomings are waiting and this is the total amount of gamblers, so let's talk about the crypto currency (Bitcoin) we all know that Bitcoin is a good investment and it has changed a lot in the crypto world but the interesting part is that the numbers of Bitcoin investors can't be compared to gamble and my question is Why? or  is the risk involved in Bitcoin higher than gambling risk?
Just chesk this source

Gambling and Bitcoin cannot be compared because they are both different activities. Gambling involves placing bet while bitcoin is a digital asset that can be sold and bought by the investors and keep it for a long term to accumulate profit. The risks involve in bitcoin could be higher that would depends on how big would be your investment, but with the proper timing in investing in bitcoin there is a big possibility that your investment will earn a bigger profit. While gambling could be a one time big time losses and you cannot hold it once your bet is loss, unlike bitcoin you can keep it and wait till the price recovers or even it gets higher.