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Poll

How would you describe mainly your activity with cryptos?

Saving
8 (16%)
Investing
26 (52%)
Trading
12 (24%)
Speculating
2 (4%)
Gambling
2 (4%)

Total Members Voted: 35

Author Topic: Saving... Investing... Speculating... Gambling? (Poll)  (Read 14658 times)

Offline Mr. Magkaisa

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Re: Saving... Investing... Speculating... Gambling?
« Reply #90 on: February 03, 2024, 08:01:10 AM »
Most crypto communities know that the main reason for those entering this industry is to look for investments that will help grow investors' capital in the future. Of course, when the purchased crypto coins are correct and legitimately have potential, investors will make a profit.

Now, where can investors buy potential crypto assets? I see only two possible sources for that: first from the trading platform, either Cex or Dex, and second from the new campaign projects, although the risk level is high when buying investment in new projects.
It's interesting when we try to invest in new projects. Of course the risk is very high and it is not uncommon to fail in investing in new projects. We must really use more money because if we fail it will not be something that burdens us. Disappointed for sure, but at least it doesn't make our finances worse.

I did it several times, the results were successful, some were ordinary and some failed and had to lose money. But I am quite satisfied because I can learn a lot from the experience. Indirectly it can hone our ability to analyze new projects that will be useful for analyzing other new projects.

        -   I have never had the experience of investing in a new project. Although I have always read and know that the risk is
high, there is a lot to consider before we release money to new projects that appear in the crypto space.

The others analyze first before they invest through the various speculations of other communities here, and when they prove and find out the potential of this, then of course they will decide when they will release money for the new projects they see.

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Re: Saving... Investing... Speculating... Gambling?
« Reply #90 on: February 03, 2024, 08:01:10 AM »

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Offline $crypto$

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Re: Saving... Investing... Speculating... Gambling?
« Reply #91 on: February 03, 2024, 10:04:37 AM »
It's interesting when we try to invest in new projects. Of course the risk is very high and it is not uncommon to fail in investing in new projects. We must really use more money because if we fail it will not be something that burdens us. Disappointed for sure, but at least it doesn't make our finances worse.

I did it several times, the results were successful, some were ordinary and some failed and had to lose money. But I am quite satisfied because I can learn a lot from the experience. Indirectly it can hone our ability to analyze new projects that will be useful for analyzing other new projects.

        -   I have never had the experience of investing in a new project. Although I have always read and know that the risk is
high, there is a lot to consider before we release money to new projects that appear in the crypto space.

The others analyze first before they invest through the various speculations of other communities here, and when they prove and find out the potential of this, then of course they will decide when they will release money for the new projects they see.
Whether or not we invest in a new project is entirely our choice. If we can bear all the risks, then there is nothing wrong with trying to invest in new projects, but if we are not brave enough to take risks, then it is beter to invest in projects that are also clear.

I like new challenges, I like taking risks, which is why on several occasions I have taken calculated risks. Of course, I also don't dare to take risks if I don't have enough capital to lose, because it would be suicidal to use money for other needs.

Offline Dr.Bitcoin_Strange

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Re: Saving... Investing... Speculating... Gambling?
« Reply #92 on: February 03, 2024, 11:28:21 PM »
I think saving in cryptocurrency, Bitcoin to be precise, is also the same thing as investment in Bitcoin. Although, in definition, they quite mean different things, but in a common sense, if you used your money to purchase Bitcoin and you intend to save that money for a long time, it serves two purposes, which are your savings and also your investment. Bitcoin is a digital money. 

With the above statement being made, I can say that I have done most of the things you listed. I gamble, but not with cryptocurrency. Trading can not be seen as gambling, unless for a trader who buys cryptocurrency and deposits it in his casino account for the purpose of gambling.

Offline pacar_tiri

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Re: Saving... Investing... Speculating... Gambling?
« Reply #93 on: February 03, 2024, 11:47:51 PM »
Whether or not we invest in a new project is entirely our choice. If we can bear all the risks, then there is nothing wrong with trying to invest in new projects, but if we are not brave enough to take risks, then it is beter to invest in projects that are also clear.

I like new challenges, I like taking risks, which is why on several occasions I have taken calculated risks. Of course, I also don't dare to take risks if I don't have enough capital to lose, because it would be suicidal to use money for other needs.
When investing in a project, I will only choose a few projects that have potential, and of course I will do research first to determine whether the project is good or not, because so far not many new projects have been successful, and of course you have to remain alert because of the risks. There will always be losses.

Offline Papusha20

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Re: Saving... Investing... Speculating... Gambling?
« Reply #94 on: February 03, 2024, 11:52:11 PM »
Saving... Investing... Speculating... Gambling... what's the difference?
Does it matter anyway?

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



All these words are very related to cryptocurrency. Generally if I deposit in bitcoin and keep it for long then benefit will be earned from here. This is why I say deposit is most important in real and cryptocurrency or any field.  Deposits should be given top priority for future planning of people's lives.

Investment, Speculation, Gambling these three are very important nowadays. Those who are currently in the cryptocurrency world are most associated with these three words. Usually Bitcoin I have invested and done a lot of research and speculation on it and have long indulged in gambling fun.

Offline $crypto$

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Re: Saving... Investing... Speculating... Gambling?
« Reply #95 on: February 04, 2024, 11:33:54 AM »
Whether or not we invest in a new project is entirely our choice. If we can bear all the risks, then there is nothing wrong with trying to invest in new projects, but if we are not brave enough to take risks, then it is beter to invest in projects that are also clear.

I like new challenges, I like taking risks, which is why on several occasions I have taken calculated risks. Of course, I also don't dare to take risks if I don't have enough capital to lose, because it would be suicidal to use money for other needs.
When investing in a project, I will only choose a few projects that have potential, and of course I will do research first to determine whether the project is good or not, because so far not many new projects have been successful, and of course you have to remain alert because of the risks. There will always be losses.
Yes, of course, one of the things we have to do before investing in a new project, we also have to do research on the project. If you don't do that and just rely on luck, that to me is the same as gambling.

There are a lot of new projects now and maybe only a few of them end up succeeding. Not all will succeed and not all will fail, that's how I feel so far.

It is also not uncommon for me to be wrong in analyzing, yes at the time of analyzing I said the project was good enough to invest in, but in reality it became a failed project.

Offline Peter90

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Re: Saving... Investing... Speculating... Gambling?
« Reply #96 on: February 04, 2024, 01:17:42 PM »
... and have long indulged in gambling fun.

 ;D ;D ;D
Papusha my friend





so, who is that one dirty crypto speculator in the forum?
 ;D

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Re: Saving... Investing... Speculating... Gambling?
« Reply #96 on: February 04, 2024, 01:17:42 PM »


Offline I-Bit

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Re: Saving... Investing... Speculating... Gambling?
« Reply #97 on: February 04, 2024, 03:27:07 PM »
Whether or not we invest in a new project is entirely our choice. If we can bear all the risks, then there is nothing wrong with trying to invest in new projects, but if we are not brave enough to take risks, then it is beter to invest in projects that are also clear.

I like new challenges, I like taking risks, which is why on several occasions I have taken calculated risks. Of course, I also don't dare to take risks if I don't have enough capital to lose, because it would be suicidal to use money for other needs.
Yes, it totally depends on ourselves to invest in new projects or not. It is not a really bad idea to try luck on the new projects but we must make sure to use small funds. Most funds must be put on the secure coins for investment, it can be Bitcoin or Ethereum. New projects is very clear high risks, we can't rely on them to have secure investment.

You have a good mentality if you are brave to invest in new projects. But you don't choose new projects carelessly. You must do analysis to choose most potential new projects.


Offline yohananaomi

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Re: Saving... Investing... Speculating... Gambling?
« Reply #98 on: February 06, 2024, 07:12:36 AM »
When investing in a project, I will only choose a few projects that have potential, and of course I will do research first to determine whether the project is good or not, because so far not many new projects have been successful, and of course you have to remain alert because of the risks. There will always be losses.
In order to avoid losses that could occur, of course, what you do is the best way for all investors to do it.choosing a project that has the potential to make a contribution to the holder, but of course with accurate analysis before actually putting the funds there, although I have to admit that it is certainly not easy to do research on new projects. because so far, what we often hear is that many new projects end up being fraudulent, so stay alert if you believe you want to invest there.

Offline milewilda

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Re: Saving... Investing... Speculating... Gambling?
« Reply #99 on: February 06, 2024, 12:19:22 PM »
Whether or not we invest in a new project is entirely our choice. If we can bear all the risks, then there is nothing wrong with trying to invest in new projects, but if we are not brave enough to take risks, then it is beter to invest in projects that are also clear.

I like new challenges, I like taking risks, which is why on several occasions I have taken calculated risks. Of course, I also don't dare to take risks if I don't have enough capital to lose, because it would be suicidal to use money for other needs.
Yes, it totally depends on ourselves to invest in new projects or not. It is not a really bad idea to try luck on the new projects but we must make sure to use small funds. Most funds must be put on the secure coins for investment, it can be Bitcoin or Ethereum. New projects is very clear high risks, we can't rely on them to have secure investment.

You have a good mentality if you are brave to invest in new projects. But you don't choose new projects carelessly. You must do analysis to choose most potential new projects.
When it comes to those options above then i do see that gambling is something that should be separated if you do really mean into yourself on trying out to have a progressive life when it comes to financial state on which we know that gambling could be fucked you up on the time that you would really be having that kind of constant losses on which we know that it is really that highly probable that it could really happen. This is why it would really be important that it should really be separated because investment and gambling is different.
Save and invest if you are really that maindful about your future and gambling if you do seek for leisure which it is really just that simple as that.

Offline Altcoin1998$

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Re: Saving... Investing... Speculating... Gambling?
« Reply #100 on: February 06, 2024, 12:48:36 PM »
Saving... Investing... Speculating... Gambling... what's the difference?
Does it matter anyway?

And if it does, how would you describe your activity with cryptocurrencies?
Basically with my crypto currency I invest on the three things you mentioned. Especially investing and trading these two are my regular work and rest gambling is not my casual thing but I sometimes involve myself in gambling for entertainment. But lately I'm more interested in investing than trading because this is the best time to invest in bitcoin and I think this market may not be available for bitcoin investment before halving.
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Offline $crypto$

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Re: Saving... Investing... Speculating... Gambling?
« Reply #101 on: February 06, 2024, 12:54:09 PM »
Whether or not we invest in a new project is entirely our choice. If we can bear all the risks, then there is nothing wrong with trying to invest in new projects, but if we are not brave enough to take risks, then it is beter to invest in projects that are also clear.

I like new challenges, I like taking risks, which is why on several occasions I have taken calculated risks. Of course, I also don't dare to take risks if I don't have enough capital to lose, because it would be suicidal to use money for other needs.
Yes, it totally depends on ourselves to invest in new projects or not. It is not a really bad idea to try luck on the new projects but we must make sure to use small funds. Most funds must be put on the secure coins for investment, it can be Bitcoin or Ethereum. New projects is very clear high risks, we can't rely on them to have secure investment.

You have a good mentality if you are brave to invest in new projects. But you don't choose new projects carelessly. You must do analysis to choose most potential new projects.
Yes that's right, we must have a strong mentality in investing in new projects, not only that but we also have to do in-depth research, even though later it could be a loss, but it is a business step that we must do before really putting our money into the project.

Minimal money and also we must really consider that money as lost money, why? because if later the project we invest in fails we will not regret it because from the beginning we were ready to lose our money.

Offline Peter90

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Re: Saving... Investing... Speculating... Gambling?
« Reply #102 on: February 06, 2024, 01:04:36 PM »
Basically with my crypto currency I invest on the three things you mentioned. Especially investing and trading these two are my regular work and rest gambling is not my casual thing but I sometimes involve myself in gambling for entertainment. But lately I'm more interested in investing than trading because this is the best time to invest in bitcoin and I think this market may not be available for bitcoin investment before halving.

Hi Altcoin
I'm not a crypto person so I can't judge the effects of this halving.
But you make a good point: there are periods which are more investment-friendly and there are periods that are more suitable for other kinds of crypto activity

Btw



#100 posting
+1 karma from me  :D

Offline Crypto Library

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Re: Saving... Investing... Speculating... Gambling?
« Reply #103 on: February 06, 2024, 08:20:08 PM »
Saving... Investing... Speculating... Gambling... what's the difference?
Does it matter anyway?

And if it does, how would you describe your activity with cryptocurrencies?
What things you are mentioning those all activities I have done with my cryptocurrencies. But I am not that kind of hardcore gambler but I have played it with cryptocurrency.
And if I talk about the saving and Investing then I wanna say that I doing doing both at once on crypto currency like I have already make a long-term strategy for bitcoin holding. I am trying to invest at least 40$ in a month and that's the amount I have also saving in bitcoin.

Offline Captain Corporate

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Re: Saving... Investing... Speculating... Gambling?
« Reply #104 on: February 06, 2024, 10:59:59 PM »
Having all kinds of possibilities, also makes you a bit harder to focus. When someone is given just one thing then they could become great at that one thing, but they are given a choice, they will always keep thinking what if they picked the wrong then and sometimes they will even switch, so not be good at one thing but decent at two, which may work at times but could ruin your finances in other times. This is why I think it should be important to focus on what you could do with what you have. I personally believe that the best thing to do right now would be picking one, and mastering that one, just not gambling because that's bad.

 

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