Ask Leo: Is Cryptocurrency And Gambling The Same?

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Cryptocurrency Investments are sometimes related to gambling because of the risk attached to it. Cryptocurrency Investment can sometimes not predictable and it success rate will be just like gamble , 50-50 chance. Risk is unavoidable in Investment but there are certain ways it can be lessen such diversification.

The risk involved during cryptocurrency Investment can be an obstacle to an Investors moving forward and at the same time affect their mental health and give them a sleepless night. An Investor should not be addicted to cryptocurrency because it can causes the different problems.

Investment is the best way to accumulate wealth and it can also be risky which is why an investor need to be cautious and be observant of the risk involved that can cause a great loss to the Investment and that is why an investor need to do there own research and know the risk attached to it before Investing all their money in it.

Before Investing, it is a good thing if an investor can plan for a long term Investment, because the assurance that the cryptocurrency Investment will produce a great returns in the long run is not certain and Investing in a short term Investment plan is gamble base on 50-50 chance, they can gain in the investment and at the same time they can loss all their Investment which wrong timing can cause at times and long term Investment plan have proven to be way to prevent such unpredictable circumstances to happen.

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Investing WITHOUT researching = gambling...
It's simple as that...

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