Saving... Investing... Speculating... Gambling? (Poll)

[Peter90]

Saving... Investing... Speculating... Gambling... what's the difference?
Does it matter anyway?

And if it does, how would you describe your activity with cryptocurrencies?

[Peter90]

Investing is the process of exchanging money for assets that you can reasonably expect to increase in value over time, creating a capital gain. They focus on the performance of the underlying business rather than just the investment’s price. Investors tend to focus on long-term, incremental gains rather than big gains in just a few weeks or months.

Investing is not risk-free, but it tends to be a more conservative approach rooted in the tangible success of a company. It’s not just about where the price of the asset will be in a few months.



Speculating is buying assets with the hope of substantial gains, often in a very short time period. Speculators may enter and exit assets several times quickly. Speculative assets often have a significant risk of total loss in value, which speculators accept in return for a chance of high returns.

Speculators tend to be hyper-focused on the price of an asset and less so on the underlying company’s competitive position, future success or productivity. They may rely more on price movements and technical charts rather than on an analysis of the strengths of a business.

Speculators often watch prices of their preferred asset by the day or even by the hour. These assets can be highly volatile, so this close attention can be stressful for speculators.



Investing vs. speculating: What’s the difference?

[Peter90]

Investment vs Speculation

[Ubetsports]

Thanks for the infographic above, Really helpful

[Peter90]

Thanks for the infographic above, Really helpful

Since you liked it, here is another one : )

forbes.com

[Gear+]

For now, it's bearish.
I think investing is better to do.
But maybe at teh next year, I will do trading again

[Choden]

It sounds like you're considering a more conservative approach. This strategy requires patience, but I prefer trading which is active.

[Faisal2202]

For now, it's bearish.
I think investing is better to do.
But maybe at teh next year, I will do trading again

Do you think trading is speculating or not, because if you think investing is better but you will choose to do trading while the context of this whole thread revolves around investing and speculating, I think you are referring to trading as speculation because we can't do investment if we chose trading?

Well, if you think trading is speculation then I will say no, it should be referred to as hedging because in speculation we don't do any type of analysis, I consider speculation as gambling while hedging is trading, because in trading we do analysis and proper search about the price and what factors influence the price of the token in consideration.

I prefer OP to talk about hedging and gambling too, but maybe in another post.

PS: Its my first post here, and can anyone tell if one line or one word posting is allowed here?

[Condorlaib]

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[Peter90]

By the way, what do you think about the flat earth theory?

The view from up on mountains.. hills.. or from the 4th floor of a building... Pictures and videos from above, taken from planes and drones...
Earth looks always flat.
Why should I trust what they say more than my eyes?
 

[Peter90]

I prefer OP to talk about hedging and gambling too, but maybe in another post.

There you go Faisal

The main distinction between gambling, speculating, and investing is the level of risk and reward involved. Gambling has the highest risk and usually the lowest reward, especially if continued over the long term. Speculating has a medium risk and a medium reward. Investing has the lowest risk and the highest reward over the long term.

Another difference is the time horizon. Gambling is short-term. Speculating is medium-term and uncertain. Investing is long-term and compounding.

A third difference is the mindset.

Gamblers tend to rely on luck and emotions.
Speculators rely on trends and opinions.
Investors rely on facts and analysis.

collinsonwealthpartners.com

[Thyplaymaker]

Saving... Investing... Speculating... what's the difference?
Does it matter anyway?
And if it does, how would you describe your activity with cryptocurrencies?

There little different BTW speculating and investing
speculating is a higher risk activity as predicting short-term movements in prices is usually a coin flip.
This mostly when you looking for bigger profit in a short term, and as you know expecting a bigger profit as already triggered a bigger risk.

 whereas investing is far more likely to produce good returns over the long term . normally is still risky but not as speculating, when investing can be risky is when you invest on the wrong project. But sometimes because is long term if you're patient enough u might end making good profits without Triggering much risk.

While to me saving can be any of those two either short or long.

[Faisal2202]

if this is the first thing you wrote, then you definitely need to visit ParadigmaMetavers, which will expand your horizons on many issues. By the way, what do you think about the flat earth theory?

What is paradigma... I think you are referring to some metaverse project but how that can give me an answer to my query, and I don't think the earth is flat, but why do you ask this question on this topic while this seems totally irrelevant or isn't? Just asking, because I am not familiar with this forum and what actually happening here like your post. 

There you go Faisal

Got it. 

[Peter90]

PS: Its my first post here, and can anyone tell if one line or one word posting is allowed here?

Hi Faisal!
just a stupid question... how is it possible that that was your 1st post when your profile shows 325? 

[SamReomo]

For now, it's bearish.
I think investing is better to do.
But maybe at teh next year, I will do trading again

I believe that one can do investing and trading at the same time depending on the amount of capital you have. Allocating 1/6th of your capital for trading is enough in most cases but if someone can allocate 1/4th of the capital for trading then that's also fine. I would say that a trader always finds opportunities and whenever he/she gets those opportunities he/she can take a trade.