Quote from: Synchronice on Today at 09:00:22 AM

Quote from: rachael9385 on July 18, 2023, 12:57:29 PM

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

Why is gambling getting more popular than Bitcoin? Why are drugs getting more popular than Chemistry as a science to study? The answer is simple, people are addicted to what helps them to release so feel-happy chemicals, this is what makes them excited.
So, while Bitcoin really is a good investment option and definitely superior compared to gambling, people still prefer Gambling over it because bitcoin is volatile while people are panicky and impatient, can't wait days and weeks and months and years to see the profit of their investment, instead, they gamble because one can double or triple or enormously increase their capital in just a second via gambling. While it's true that it doesn't happen, you know, hope dies last and somehow everyone thinks that luck will shine for them and so on.
So, yeah, don't expect wise decisions from people.

I believe that gambling's appeal is frequently its quick gains and thrill. However, claiming this is the primary reason for its appeal over Bitcoin may be a stretch. Consider familiarity and comprehension. Gambling is more tangible than bitcoin, an abstract digital asset. It's about understanding a new and evolving field, not just waiting for riches. The social norms and meanings of both activities also matter. Despite its drawbacks, gambling is popular in pop culture, but Bitcoin, associated with tech-savvy people, may seem specialized or exclusive. Thus, perceptions and societal effects are more important than "unwise" decisions