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File: 1786046844201884.png (383 KB, 1128x1437)
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Where exactly is the line between investment, speculation and gambling?
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>>62591475
Faith in Jesus Christ.
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>>62591484
I wouldn't gamble my soul on him.
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File: BeanCounters.jpg (41 KB, 600x369)
41 KB JPG
>>62591475
i made this one
>club penguin anvil (redesign not the og version)
>first appearance in Bean Counters then used in Jet Pack Adventure followed by Smoothie Smash
>>
Speculation is when you buy or sell based on analysing prices. Nvidia go up. I buy nvidia because nvidia always go up.
Investing is when you analyse the underlying value of the asset and buy for long term
Gambling is short term high risk based on chance where nuch of the reward is in the feeling of adrenaline. Maybe fed will or wont cut, no way to know in advance its a coin flip. but I short gold and lets see what happens wow this is so exciting
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>>62591475
That line is so far from us that you can barely see it from here.
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>>62591475
>Investment
When you buy because you believe in the financial product or its field
>Speculation
When you buy simple because you assume it could increase in valuation
>Gambling
When you're unsure about your gamble

Basically: The firmer your resolution regarding a financial product, the closer it is to investing.
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>>62591475
Is there a line?
>>
Insider information.

You're welcome
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>>62591885
What if I gamble one investment?
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>>62591475
Everything is gambling
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>>62591475
Stop loss
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>>62591475
Investment is if you have enough money and contacts to manipulate the market or insider trade
Speculation is if you have enough money but you lack the power to manipulate the market as hard
Gambling is essentially what we all do. Maybe even worse, gamblers don't get highly paid faggots with sub 50% hit rate that retrospectively explains every result as logical and predictable
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when a companies pe ratio is negative you're investing. when it's at nvda levels you're gambling
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>>62592430
I opened a new perp account on August 1st for funsies
I have 32 winning positions out of a total of 50 opened with a +$500 pnl
Am I still a gambler if my hit rate is 66%?
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>>62592494
>i won a coin flip 66% of the time im a genius

you need 10's of thousands of trades before you get enough data to confirm you have an edge or simply getting lucky
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>>62591475
The data that you use to determine whether you should invest and at what price is the difference between investment and speculation.
When you're too lazy to figure it out but throw your money at something anyway it's a gamble.
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>>62592491
So you're basically gambling on every single stock in the market right now?



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