Quote from: Ivystar5 on August 01, 2025, 12:40:55 PM

Quote from: Dr.Bitcoin_Strange on August 01, 2025, 12:04:02 PM

You are right mate, risk and procedures in business is not same as in gambling, people could manage their business very well but when it comes to gambling, they could lose all their business money to it, similarly to responsible gamblers that might not be able to manage a business with that same risk and method that they use to further their gambling activities.

In reality the connection between gambling risk and business risk is a very big one that one can or should understand that, facing humans sways and unpredictable acts are in business while the unpredictable outcomes of gambling are somethings acceptable because it's an awareness in you that you loss more but in business the mentality of loss is very distance from every business owner as they only maximise profit and not losses. I think we should part ways for gambling and entrepreneurship.

That's exactly what am talking about, just like what happened few days ago, a finetech company offered me a working capital loan of about $5k to use in expanding my business, I actually declined the because I didn't need for now, please other calculated risk, but some gamblers would take the loan and use it for gambling, while a business minded person would not take the loan unless they are very certain about the expected profit and the possibility of repayment.