According to the Cambridge Dictionary definition, ‘gambling’ has two meanings, ‘the activity of betting money, for example, in a game or on a horse race’ and ‘the activity of risking money on the result of something, such as a game or horse race, hoping to make money.’ Crypto investments are not ‘betting’ per se; however, they do fall into the definition of risking money on the result of something. We hear time and again about the risk of crypto investments.
In the grand scheme of things, cryptocurrency is an incredibly new concept, Bitcoin (BTC) was only created by Satoshi Nakamoto in 2008, and altcoins followed a few years after. As a result, there’s no pattern to follow or history to examine; cryptocurrency fluctuates in an unpredictable and unstable way. Investors must choose a cryptocurrency to invest in, such as Ethereum (ETH), with limited prior knowledge of its patterns and tendencies. This is where the risk factor comes into it, as investors hope to make money from their decision but lack the reassurance of knowing that they will.
Speculation vs. Investing
Rather than calling crypto an investment, some people opt to define it as ‘speculation,’ which leans much more toward the gambling definition. Cryptocurrency is considered very volatile, for it’s a new financial instrument with no long-term history or underlying value, and speculative investing has a heightened sense of uncertainty. This is why experts recommend investing a low-risk percentage of your portfolio to reduce any damaging impact that a wrong move could make.
However, die-hard crypto fans will assert that investing in cryptocurrency is, in fact, safer than traditional banking, especially after the financial crash of 2008. They believe that the decentralized finance offered by Bitcoin (BTC) and Ethereum (ETH) is more secure than centralized banking. Community-led coins allow the users to make decisions, supporting the ecosystems of the coins that they love. This is considered by many crypto enthusiasts as a more reliable alternative to banking that’s entirely out of the user’s control.
When’s the Next Bull Run?
In crypto, users experience a ‘bull’ or a ‘bear’ market. During a ‘bull run,’ investors feel ‘bullish’ as the risk of losing money appears to reduce. The market goes up and up, often at an incredibly rapid rate, delivering impressive returns to early investors. Cryptocurrency fluctuates between these two states, with whales (large investors) often playing an important role in the movement. Crypto investors are currently eagerly awaiting the next ‘bull run’ predicted to hit the market soon.
Do Presales Offer More Security?
Some crypto investors opt to put their money into presales like Caged Beasts (BEASTS). The listing price of a coin is higher than its presale price, helping to reduce the risk factor that leads cryptocurrencies to be considered gambling. A new presale coin launching this year is Caged Beasts (BEASTS), and it offers all the benefits of crypto investment, such as getting in early before the listing price and a strong community focus. Caged Beasts (BEASTS) is a meme coin based on rebellion against traditional banking, perfect for those enthusiasts tired of the instability they find in the mainstream financial system.
If you’re willing to take the risk, Caged Beasts (BEASTS) presale is launching soon; sign up for email updates to get in early.
Caged Beasts
Website: https://cagedbeasts.com
Twitter: https://twitter.com/CAGED_BEASTS
Telegram: https://t.me/CAGEDBEASTS
According to the Cambridge Dictionary definition, ‘gambling’ has two meanings, ‘the activity of betting money, for example, in a game or on a horse race’ and ‘the activity of risking money on the result of something, such as a game or horse race, hoping to make money.’ Crypto investments are not ‘betting’ per se; however, they do fall into the definition of risking money on the result of something. We hear time and again about the risk of crypto investments.
In the grand scheme of things, cryptocurrency is an incredibly new concept, Bitcoin (BTC) was only created by Satoshi Nakamoto in 2008, and altcoins followed a few years after. As a result, there’s no pattern to follow or history to examine; cryptocurrency fluctuates in an unpredictable and unstable way. Investors must choose a cryptocurrency to invest in, such as Ethereum (ETH), with limited prior knowledge of its patterns and tendencies. This is where the risk factor comes into it, as investors hope to make money from their decision but lack the reassurance of knowing that they will.
Speculation vs. Investing
Rather than calling crypto an investment, some people opt to define it as ‘speculation,’ which leans much more toward the gambling definition. Cryptocurrency is considered very volatile, for it’s a new financial instrument with no long-term history or underlying value, and speculative investing has a heightened sense of uncertainty. This is why experts recommend investing a low-risk percentage of your portfolio to reduce any damaging impact that a wrong move could make.
However, die-hard crypto fans will assert that investing in cryptocurrency is, in fact, safer than traditional banking, especially after the financial crash of 2008. They believe that the decentralized finance offered by Bitcoin (BTC) and Ethereum (ETH) is more secure than centralized banking. Community-led coins allow the users to make decisions, supporting the ecosystems of the coins that they love. This is considered by many crypto enthusiasts as a more reliable alternative to banking that’s entirely out of the user’s control.
When’s the Next Bull Run?
In crypto, users experience a ‘bull’ or a ‘bear’ market. During a ‘bull run,’ investors feel ‘bullish’ as the risk of losing money appears to reduce. The market goes up and up, often at an incredibly rapid rate, delivering impressive returns to early investors. Cryptocurrency fluctuates between these two states, with whales (large investors) often playing an important role in the movement. Crypto investors are currently eagerly awaiting the next ‘bull run’ predicted to hit the market soon.
Do Presales Offer More Security?
Some crypto investors opt to put their money into presales like Caged Beasts (BEASTS). The listing price of a coin is higher than its presale price, helping to reduce the risk factor that leads cryptocurrencies to be considered gambling. A new presale coin launching this year is Caged Beasts (BEASTS), and it offers all the benefits of crypto investment, such as getting in early before the listing price and a strong community focus. Caged Beasts (BEASTS) is a meme coin based on rebellion against traditional banking, perfect for those enthusiasts tired of the instability they find in the mainstream financial system.
If you’re willing to take the risk, Caged Beasts (BEASTS) presale is launching soon; sign up for email updates to get in early.
Caged Beasts
Website: https://cagedbeasts.com
Twitter: https://twitter.com/CAGED_BEASTS
Telegram: https://t.me/CAGEDBEASTS