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by matheusmoreira 37 days ago
Abtractly, there is no conceptual difference. Everything is a gamble. We are always betting on everything. We are always positioning ourselves in relation to everything else in the world. Often unconsciously and unknowingly.

It becomes problematic when we make a game of it and add financial stakes. Gambling is a lot like drugs in its ability to hijack the brain's reward circuits. I stopped investing in cryptocurrencies because seeing +400% profits was like crack. I never gambled any money I couldn't afford to lose but there are people out there who were leveraging their entire lives to FOMO into markets.