Quote from: Oluwa-btc on Today at 07:57:37 PM

Quote from: Japinat on March 24, 2025, 09:47:05 PM

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Definitely they are two different things regardless they should be treated differently and likes of me you can't consider what you gamble as an investment cause ij a clearer understanding we all know what an investment is and the money you gamble with csn be used for that purpose but it can be taken to be an expenses cause the money tend to go out of your hands with no room of returns, which is to say the chances of getting it are slim. So what I gsmvke with is an expense not an investment.

I agree with you, of course the budget used for gambling is an expense where the budget is spent even though gamblers may still win more than they bet. Investment includes too many aspects in it and gambling is really different. I will not gamble for the purpose of multiplying money and I cannot set long-term targets on gambling. Although both are risky, investment is a form of long-term planning to get returns from growth assets.

I don't care how someone views gambling, they may be responsible for their own decisions. Gambling and investing are different, they cannot be considered the same even though the risk of losing money can be a consequence of both.