Quote from: Taskford on May 19, 2024, 09:21:02 AM

Quote from: bSpend on May 18, 2024, 10:26:13 PM

Hi everyone,

This is something I've been thinking about for a while now, I thought it wise to ask here to see what you all think afterall.

Anyone who truly understands what investing really is, would or will agree with me that investing in memecoin currently, most especially on the Solana and Base blockchain; have become a gambling on its own, I've tried both normal gambling, and gambling on memecoin on the Solana blockchain, and I can't really tell, which is more profitable.

What I know is that, I lost on both, I placed bets on some sports games, I lost most and won a few, and just few days, I decide to try Solana memes, I lost all the money I used as capital for buying those meme coins, I lost all same day.

So, I've brought a few questions..
1. If you are into Solana meme coins as well as; engage in normal gambling, which has been more profitable to you?
2. Assume you are not into any of the above, which would you prefer to get into if you are asked to choose one? And also explain why..

Maybe separate the thoughts about comparing meme coins investment and gambling since they have different activities done.

But since you bring this topic here I guess its more risky to invest on meme coins since once you already bought your tokens then maybe everything will became a questionable since we don't know if we have chance to earn especially if the owner of those meme coins is a notorious scammer then maybe with their project we might don't get any chance to earn since for sure they are the one who will dump first their project or they won't bother to add bigger liquidity on their token when this will be added on exchange. But in gambling we might get different result especially if we aim for fun since everything we do can give us satisfaction especially if we really enjoy those casino games.

Gambling is gambling Nothing compares to gambling but when comparing risks you can compare investing in memecoin to gambling as both are very risky. In other respects you can never compare any investment with gambling. Gambling depends entirely on your luck you can never predict your future with gambling but by investing in a coin you can predict what your future financial situation might be though no guarantee can be given. There are many potential memecoins in the market that can be predicted to do well in the future, but there are no gambling games that can predict future profits.