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SpaceX Investors in Meltdown Over All the Money They’ve Lost (finance.yahoo.com)
submitted 2 months ago by to c/technology@lemmy.world
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[–] 15 points 2 months ago (2 children)

So, not unlike sport gambling. You study the teams, their forces and weaknesses, their history, and make the informed decision to gamble. It's still gambling.

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  • [–] 4 points 2 months ago (1 child)

    It's totally different though. Sports betting is an all or nothing affair, you put money on an outcome, you either win or lose, then it's over.

    Day trading (and now vibe trading/meme stocks) may be similar, however investing in a company with good fundamentals long-term carries significantly less risk.

    Many companies offer dividends, so you can make money even without the stock price itself increasing. And in holding a diversified portfolio of quality stocks long-term, meaning you ignore market fluctuations, the risk of losing everything is basically zero, and the likelihood of your portfolio increasing in value approaches 100%

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  • [–] 2 points 2 months ago

    Yes, but you can't say that you made money before the sum of the dividends and the reselling price is superior to the buying price. If you invest 100€, the probability to loose 100€ is small; but to loose some of these 100€ not so much. If you invest well, the probability to lose money at all may be small, but if you gamble intelligently on sports it is too.

    It's the same equation: more risk=more potential profit, less risk=less potential profit. I fail to see the difference with gambling.

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