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/biz/ - Business & Finance

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28223016 No.28223016 [Reply] [Original]

I already blew through a few hundred bucks Investing in crypto and I still feel like it's not enough. This feels a lot like gambling. Tell what the difference is.

>> No.28223408

It's only gambling if you don't know what you're doing.

>> No.28223520

>>28223016
It is gambling, as demonstrated by >>28223408, who thinks he can see into the future if "he knows what he's doing."

>> No.28223603
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28223603

>>28223016
Buy and hold for 5 years.

>> No.28223629

>>28223016
It is gambling. Except axiaV3 that's the only guaranteed project in the space.

>> No.28223654

>>28223520
this, your two options are getting jewed or getting jewed but being in denial about it

>> No.28223731

>>28223016
better odds, fewer jews.

>> No.28223891

Gambling if you buy shitcoins, long term investment if BTC and ETH

>> No.28223968

>>28223731
pretty much this
anything else is just gambling at this point
you never know when some billionaire will buy some crypto

>> No.28224181

>>28223603
such a comfy hold

>> No.28224799

>>28223968
ya, our entire economy is built upon gambling. Even running a business is just gambling on people in your target audience noticing it and buying your shit (start reading up on marketing, it literally is just artistic gambling). The only thing that isn't a gamble is working for a wage, which even still, you're still kind of gambling on the company not going out of business and hopefully giving you raises/promotions. Even he most secured wage jobs in the world, trades, which also have the benefit of incredibly powerful unions solidifying their positions, are a gamble that you wont someday be made obsolete, or replaced by AI. Just look at the road the truckdriving industry is headed down, in terms of almost certainly being almost 100% replaced by self driving vehicles within our lifetimes.

>> No.28225331

>>28224799
i agree 100% with you