/biz/ - Business & Finance

>>19398361
Is the poker player using his money to purchase assets that he thinks will appreciate in value? No? Then he's not investing, he's working.

>>19398361
Show me her tits bro

>>19398361
Poker players are like day/swing traders

>>19398361
That's a man

>>19398457
So let's say in a casino there's a machine that sells tokens. You purchase your choice of token type to play. Each type token has a set chance of going up or down in value after certain amount of time has passed

According to your definition that's investing because you are purchasing something because you think it will increase in value

>>19398470
>her

>>19398696
brainlet tier analogy

>>19398738
I think it’s a fair analogy. Provide a better one if you can.

Trading is a game of chance in which skill plays a role.

>>19398501
except if you lose at poker you lose your money, if you are wrong with day trading you just have to hold until you win

>>19398361
Investing has a statistical edge. It’s why the casino isn’t gambling with you, you gamble with them.

>>19398812
Do you pay fees to your broker to buy and sell?

Yes but the problem is that poker players frequently find themselves on tables with equal footing. You will not be profitable unless you’re playing at a table where no more than 1 or 2 are as good as you. It’s hierarchical.

Poker is investing in a microcosm though. You want to encourage people to pay into pots that generate large returns for you personally.

>>19398361


investing is a long term process, based on actually discernible values that calculate out to a profit. Long term information based process of increasing a securities value.

Trading is short term, swing trades or day trading, based on trends and speculation. The goal is to make wealth by the measures in between probable value in few details and estimated value based on other few details (usually price and volume).

The diffrence is in strategy and understanding of the security and process of trading securities in the market, over a lifetime, while the other is more of a job, where you're making money but not retirement (unless you invest it like an investor).

>>19398361
Investing is knowing where your dumping your money.

Gambling is when you dump your money in Link without knowing what link is or does.

>>19398778
With day trading, you trade the kind of stocks that'll lose you everything when they lose. You can't just HODL that shit. If you can make actual money selling and buying within minutes. You either have $300,000+ or are trading highly volatile companies. Day tarding is high stakes trading, which is practically well informed gambling.

>>19398726
Fine, show us his tits

>>19398361
John L. Kelly Jr. famously said that the difference between gambling and investing is that when investing you have a positive expected return.

A skilled card counter has a positive expected return, and therefore it's not gambling.

>>19399216

I don’t think people understand that poker is person vs person, not person vs house, and therefore has high EV upside if you’re actually good. There are no pro blackjack, craps, baccarat, or roulette players in Vegas, but there are hundreds of pro poker players.

>>19398361
getting aces preflop in poker and going all in preflop is similar to going all in with chainlink
set mining with pocket deuces in a deepstack full ring table with LAG spewy donkey whales is like buying pic related

>>19398361
god damn good thing i search all these pics before considering fapping
holy shit this is actually a man thank god i didn't even have a boner yet

>>19399145
i do day trade and you do not need $300k to make a living, I trade with $50k and make ~$1k/day, you use leverage and trade normal stocks

>>19398470
>her

>>19398361
Show his benis OP!

>>19399298

What's your method?

>>19398361
Sports gambling would be a better analogy but yeah, if you're staking money on things happening in the future for potential financial gain you're gambling, so therefore investing is a subset of gambling.

>>19399159
>oh 2020 what have we become?

>>19399353
buy low sell high, use leverage to make a decent profit

>>19399688

>>19398361
>Investing
You mean trading.
With a correct money management, gambling can be profitable too.

>>19398361
That's a jewish nose

>>19398361
investing is owning an asset. there is no luck involved in whether it will increase or not. because of inflation. assets will most likely appreciate

>>19398361
Its an actual tranny, reverse image search confirms. You know what, I don't even care anymore, that sausage smuggler looks hot and I'm going to jerk off to it.

gambling - highly volatile play where you hope you actually have some sort of advantage to make a gain. ex: playing options instead of using them to hedge, swing trading, earnings trades

investment - safe purchase that you will hold as it slowly appreciates in value, effectively making the extra money you have now more valuable in the future. ex: land, ETFs, bonds, precious meal.

is this good enough for idiots

>>19398361
The stock market is just gambling for the rich

>>19398457
Poker player uses his money (chips) to purchase assets that thinks will appreciate in value (his stake in the current hand).

When you play poker, you are literally investing with every bid.

You're just dumb enough to elicit this reply.

>>19401274
That's called speculation.