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by koonsolo
1370 days ago
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Your argument is that once it's high risk, it's gambling. Sorry but that is just not the case. It's a ratio. If you don't understand this, then I agree that you should stay away from anything that involves risk management. Let's say we play a game where you throw a coin 3 times in the air. If it's not 3 times head, I'll pay you $1. If it's 3 times head, you pay me $10. Your chance of winning is pretty high, while my chance is low. Yet, I would love to play this game. |
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No, my argument is that once it's a matter of "you could lose everything or make it big!" is gambling.
> It's a ratio.
With totally unknown values.
> Yet, I would love to play this game.
This is exactly what the people who currently hold bitcoin are suggesting to those who don't.