Soldato
It's also gambling, you're betting that your educated guess is the correct guess
Likewise people "investing" in crypto are betting that they are right that the price will go higher
Your original post was crying that people shouldn't be discussing GME or crypto in this thread because it's gambling and neither are valuable, the same could be said for any share that doesn't offer dividends if you want to get snobby people should only disucss and invest in companies that offer dividends, that is true investing everything else is gambling
There's absolutely nothing wrong with discussing crypto or GME they're both relevant in this crazy new paradigm in the markets and "investing"
What's the saying ? "don't invest what you can't afford to lose" I wonder why they say if it isn't gambling
No investing is speculating, but not gambling. You don't understand the difference, my post is to explain it.
Maybe i am using the wrong terminology. Thats why i am trying to explain it rather than posting short statements.
The border between what is gambling and investing would change depending on how risk adverse someone might be.
That is not my definition, gambling is something that cannot be valued, or that it is entirely accepted that its a negative valuation.
Betting on roulette is gambling because expected return is negative. The reason GME is gambling is because the value of the company is clearly accepted by all to be a fraction of its price, and so the expected return is negative.
Its not for me to say what a value of a company is, its for you to say. And if you buy something for more than you value it, then that's gambling.
There is no paradigm shift of any kind, its not changed since the beginning of time and it will never change