Quote from: iBaba on June 18, 2024, 09:06:56 PM

Quote from: 0t3p0t on June 18, 2024, 01:35:55 PM

Quote from: Cryptomultiplier on June 18, 2024, 10:56:00 AM

* If it involves an investment of money,
* If there's an expectation of profit,
* If there's a common enterprise, and
* If there's a reliance on the effort of others.

This is true and for me it is because it is an investment therefore we are expecting something in return. If we are not paying attention with our investments it's just like wasting money in gambling as you only need luck in there but with investments it's different because we need those criterias above to make our business successful.

I can see a lot of investments here in my place that owners do not think about it's importance and then the next time I heard about their business they became bankrupt it is because they do not fully understand what they are doing.

You see, what you mentioned above is the reason why a whole lots of people end up practicing gambling in the name of investment. Numerous number of people end up losing their investments because they had earlier joined those investments just by hearsay and referrals from friends but do not really take the pain, to understand the nitty gritty of the investments or investment models do go into thereby failing to make profits from it as it when necessary. This is the kind of investment you will call gambling since the person involved in it do not really understand the metrics or indices for the investments.

It is a good holistic approach to always understudy the kind of investments you're going into regardless, this is whether it's a bitcoin investment, a real estate investment or commodity investment and so on. What people don't do most of the time that results to failure, is to give in their all in learning the way the investments work.

Our newbies ought to pay close attention to a post like this because this is a forum that will expose and open a potential investors mind to the variances in investment as well the kinds of investment that could fit their portfolio or wallet.
I belong to the school of thought that sees any investment as an individual choice or path and what works for one may work differently for another.