Re:Robinhood Crypto – Invest in Bitcoin and other cryptocurr...
by Aunche on Thursday January 25, 2018 @01:01PM
(#16232933)
There is always going to be some degree of uncertainty with any action. Just because a meteor can fall on your head if you walk outside doesn't make it a gamble to do so. There's a fine line between investing and gambling, but the extreme ends of the spectrum should be obvious.
Re:Robinhood Crypto – Invest in Bitcoin and other cryptocurr...
by darawk on Thursday January 25, 2018 @01:31PM
(#16233221)
I'd argue that the difference between investing and gambling is that gambling has known negative expected value, whereas investing is uncertain. If it is not known that the outcome of a gamble has negative EV, then a reasonable case can be made that it is an investment.
"Chances are" alone, is an assumption. How is that any different from your speculation on Bitcoin. The only difference is longevity of the window period, otherwise it's the same principle.