Anyone who has been following cryptocurrency for the last years cannot deny that those who describe “investing” in this space usually mean “gambling”. This confusion of investing with gambling is partly due to the economic situation as a whole, which has forced the masses to look for a substitute for traditional investment in more speculative areas. The situation is aggravated by new technologies and trends, including mobile phones and gamification, the purpose of which is to maximize the absorption of users' attention. In addition, these “investments” are largely driven by marketing and are promoted through social networks, sponsors, and celebrity support.
Showing posts with label investing. Show all posts
Showing posts with label investing. Show all posts
March 14, 2019
When did investing turn into a gamble?
Anyone who has been following cryptocurrency for the last years cannot deny that those who describe “investing” in this space usually mean “gambling”. This confusion of investing with gambling is partly due to the economic situation as a whole, which has forced the masses to look for a substitute for traditional investment in more speculative areas. The situation is aggravated by new technologies and trends, including mobile phones and gamification, the purpose of which is to maximize the absorption of users' attention. In addition, these “investments” are largely driven by marketing and are promoted through social networks, sponsors, and celebrity support.
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