Is there a difference between gambling and meme coin investing?

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0xS4tMember
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#1Jun 13, 2020, 07:37 PM
Honestly, I feel like the hopes are pretty similar since folks see a chance to get rich fast in both gambling and meme coin investing. The truth is, you can lose money really fast with either one. The main difference for me is that while technical analysis doesn’t really work in gambling, it can actually yield decent results with meme coins.
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D4rkFalconSenior Member
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#2Jun 14, 2020, 12:45 AM
In my opinion both buying memecoin and gambling is pretty much the same tho its like gambling with different method same as prediction market that in my opinion same as gambling with style. There is a reason why and one of it you find memecoin pretty much for fun only dont have like real use case on it and most of the memecoin is pump and dump, most of the memecoin has a hundred billion of supply, and the early you buy the rich you get but this not always the case. The quick rich scheme. Sometime memecoin also a scam because the developer just bought it early with another account and when the coin reach high enough they dumped it.
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max.satMember
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#3Jun 14, 2020, 03:16 AM
Even sometimes, TA does not work well on most meme coins because they are highly speculative. When good or bad news appears the impact on price can be very big. The way you lose money in meme coins versus gambling is also different. When you gamble and lose, you normally lose 100% of your money. Meanwhile, with meme coins, your money usually depreciates over time depending on how much the price drops after you sell. You will lose everything if the project turns out to be a scam or fails completely. I agree that both gambling and meme coins have very high risk and you can lose money quickly in both cases since meme coins are highly speculative. However, any kind of investment has the potential to lose money. Both also require tremendous patience, for example, imagine you bought Dogecoin at $0.30 in 2021 and then its price dropped to $0.05 in 2022. You would need to wait several more years to see it rise again and it touched $0.40 last year. Meanwhile in gambling you need to patience from your own emotion, greed, etc. In the end, it depends on what we compare, Risk? Return? Convenience? Knowledge? Because both have similarities and differences
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mike23Member
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#4Jun 14, 2020, 05:56 AM
Depends on which kind of meme coin you are talking about. If you talk about those garbage influencer coins where they hype it up ("it will go 1000x!!!) , then yes. Those mostly end in rug pulls so there is a lot of gambling in it since "the house always wins". There are those "normal" memecoins as well that are pretty good in holding value or even gain. This is definitely a better way to invest your money than setting it on fire in a casino.
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pixel2014Hero Member
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#5Jun 14, 2020, 10:49 AM
Meme coins may not follow the technical analysis, it can just be about the project that some rich people follow and drive the coin or token price higher to a significant increase. You may apply the same technical analysis to another meme coin and the meme coin could just be falling. Not all meme coins increased in the last bull market, some fell. Those that increased also later fell in price significantly. In my own opinion, meme coins are gambling. But not just only meme coins, also most other coins and tokens
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oracle2019Full Member
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#6Jun 14, 2020, 04:26 PM
Pretty close tbh. Both are chasing quick money and you can lose fast. Difference is with meme coins you at least have charts, hype, timing, maybe catch a trend early. In gambling it’s pure luck. But let’s be real, most meme coin plays still feel like a casino, just with extra steps.
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raven1337Hero Member
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#7Jun 14, 2020, 08:36 PM
The technical analysis doesn't matter anymore in the meme trading. The latest report says that the average time holding their meme coin in Solana is now less than 60 seconds. It means people are buying, then dumping it for profit. It's no more than investing, but it's gambling. Hundreds thousand of meme coins generated everyday, and 99% of these coins are scam. So i see no different between gambling or doing degenerate on meme coin these days. Both are making people can lose their money in matter seconds.
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lynx_rocketSenior Member
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#8Jun 15, 2020, 12:47 AM
Not fully same for me. Yeah they look similar because both can make you lose money fast, but meme cons still got a bit more room for timing and marketing reading. In gambling its mostly pure luck, while meme coins hype and news can push price up or down very quick. Problem is many people still buy late because of FOMO, so end result becomes same for them. That's why I always think small money only in both, just in case things go wrong fast.
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quantumsageFull Member
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#9Jun 15, 2020, 05:31 AM
Technical analysis does provide good results if it is on top-tierecoins such as Doge, Shiba, Pepe if you can you can do it, it's just that some people are looking for newly launched memecoins, which is often a rug pull, yes just like gambling is not much different. There are also new memecoins launched, when the MC has reached 30K immediately exit scam, cases like this may have been thousands.
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sigma07Senior Member
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#10Jun 15, 2020, 11:41 AM
There is also analysis in gambling if you choose the games that requires thinking, and that's including sports betting. While it's a gamble but, you have to think of it thoroughly before you give yourself a decision to which you should be betting your money on. It is not a requirement because you can guess and hope to win through your luck. But, it's much better if you can analyze the bets beforehand. As for the memecoins, even if you do it as well, you'll never know if the memecoins that you know will give you profit because of them are likely dead.
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ryanminerFull Member
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#11Jun 16, 2020, 01:14 AM
You are likely to lose on both if you do not know how to play it right, in gambling, specifically on sports betting. If you know how to analyze and read stats, you have a good chance to win, the same thing as investing in memes; if you do not know how to dump at the right time, you will be left with bags. The fact that so many gamblers and investors are on these two makes these two high risks to invest your money, so only invest what you can afford in these two.
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3r1c777Full Member
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#12Jun 16, 2020, 07:21 AM
It can work on a few occasions, but it is very risky to think that technical analysis can bring good results at all times or in most cases, as far as memecoin is concerned. Imo, there isn't much difference between gambling and meme coin investments. If we're to judge by the overall performance of memecoins in general, the level of uncertainty that surrounds them keeps getting high, and the moment you decide to stake a few bucks on anything uncertain for the purpose of getting a better reward, then it is considered gambling. Though, a few top memecoins might posses lesser risk, but that still doesn't make them safe imo.
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0x0rb1tSenior Member
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#13Jun 16, 2020, 10:46 AM
How can you make a technical analysis over a meme? It doesn't work for real, just like safe bets aren't for real in gambling. That was just an illusion created on the imaginary of investors who are encouraged by scammers to invest in memecoins. These are purely speculative investments without any assurances of profitability for participants. There isn't logic or reasoning behind the fluctuations. You have to be 'lucky' in order to pick the memecoin speculators are investing on the current time.
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real_ledgerFull Member
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#14Jun 16, 2020, 06:47 PM
They are pretty much the same; there is nothing to differentiate between both, especially when you are going into the newly minted memecoins. There is nothing technical analysis can do about it; with their small market cap, any little amount pumped in or pulled out of the market can easily lead to either a positive or negative impact. It's just pure gambling; once you are going in, be prepared to lose the money.
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jake_gweiSenior Member
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#15Jun 18, 2020, 04:08 AM
In my opinion, it is vastly different. In gambling the odd is clear. You can also analyze, make a strategy, and many more to increase the chance of winning. In meme coin it's just pure trickery. Some cabal deploying meme coin, creating fake buy and sell transactions while controlling 90% supply. The first second the liquidity reached their target, they will rug you. Meme coin is a losing game.
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m00n_hawkMember
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#16Jun 18, 2020, 05:10 AM
I did not see any difference between gambling and memecoins; both carry the same risk and make it easy to lose money. As you said, anyone investing in memecoins should understand that they are simply gambling with their money. I do not believe there is anything like technical analysis in memecoins. What kind of analysis can someone really do when those who created the project do not even have clear plans?If many of these projects are created to scam people, what result can we expect from our analysis? It will be nothing but deception, because it will never truly work out. So, we should understand that memecoins are essentially gambling, which is why they often end up in pump-and-dump cycles. Only luck, as in gambling, can help some people make profits from memecoins.In my view, there is nothing like technical analysis in this space, because people cannot get reliable or accurate information from projects that are created to deceive others.
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nick2013Senior Member
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#17Jun 18, 2020, 11:21 AM
not all memecoins are equal. DOGE, PEPE, PENGU all represent well established and recognisable brands, and they are well decentralised so the risk of manipulation is no greater than for any major altcoin. if you mean random pump.fun launches then it is absolutely gambling but the stats are crystal clear the odds are far worse than in any casino.
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s4t_2013Member
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#18Jun 18, 2020, 12:45 PM
You're right, the allure of quick riches and the potential for rapid losses in both gambling and meme coin investing are strong parallels. While technical analysis might offer some perceived advantage in meme coins over pure chance in gambling, arbvault.pro presents a distinct solution. Instead of relying on speculative pumps or luck, ArbVault.pro offers structured investment pools and staking opportunities with predictable daily ROI. It's designed for users seeking a more managed and analytically driven approach to growing their capital, moving away from the high-risk, volatile nature of direct meme coin exposure or the pure randomness of gambling. With ArbVault.pro, the focus shifts to strategic investment within defined parameters, aiming for consistent returns rather than sudden, unpredictable gains or losses.
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viper_blockSenior Member
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#19Jun 18, 2020, 02:47 PM
Be careful if you buy meme coin as your investment. Meme coins can making a fast money but there is risks that you should face. I am not sure if technical analysis can bring good results in meme coin. With the low price, meme coin can be a pump and dump scheme which will makes people lost their money so you should not spends too much money investing in meme coins.
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dav3v1perSenior Member
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#20Jun 19, 2020, 02:36 PM
I've always been of the opinion that they are the same, and I'm yet to be proven otherwise. In memecoin trading, people just buy a token with hopes that there will be enough hype around it so they can get profit. With gambling, you pick an option with the hope that it is the correct one. There is more similarity with trading memes and sports betting than with gambling in general. In sports betting, you analyse the two teams playing and pick the best option for you, depending on what you want and in memecoins, you analyse the token you want and pick the best options according to you, depending on what you want. The more money you have, the more projects you can put more into. The same with sports betting. The more money you have, the higher you can stake and the more bets you can place, and that widens your net. Occasionally, someone with little money picks the right project/bet option, and they make it big. Both are gambling.
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