Comment by quickslowdown
2 years ago
There are professional gamblers (pro poker?). I think I understand the spirit of what you're trying to say, but CFDs are absolutely a gamble, like most investing. It just doesn't have the same stink of "casino gambling," it's a fresh cut, cologne wearing, suited up form of gambling.
> absolutely a gamble, like most investing
Yeah well like I said, definitions. If most investing is gambling then sure, I just don't find that useful.
Anyway the initial comment I was responding to was 'looking for my broker but got CFDs'; my point was they got a different broker. It's still a bad search result, but it's not a weird scam, it's just a competitor. It's not the same as looking for my bank but got crypto exchange at all.
gambling (noun): the practice or activity of betting : the practice of risking money or other stakes in a game or bet
This is the actual dictionary definition of how I would describe investing to someone who'd never heard of it. Investing money is gambling. It's not a bad word or something to be ashamed of, and I'm not trying to be a pedant (I say as I type a long comment starting with a dictionary definition), I just think it's important to recognize & remember at all times so you don't lose everything.
I get what you mean about the broker app. App store searches are bullshit.