• pedz
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    2 months ago

    Isn’t it the risk of trying to make money with money? It’s like gambling. If you don’t want to risk losing that money, don’t play that game.

    • stinerman [Ohio]@midwest.social
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      2 months ago

      The thing is that what this guy did is absolutely gambling. Investments are gambles but the risk is low. This was just putting everything on 00 and when it didn’t pay out, he got as much credit from the casino he could and bet again.

    • pyre@lemmy.world
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      2 months ago

      it’s not like gambling. it’s gambling. except more stupid because they shorted fucking copper based on their opinion on medals.

    • JackbyDev@programming.dev
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      2 months ago

      At least with normal stocks you have an asset at the end. This was options trading though lol. And shorting, which is like the most risky thing. You have finite possible returns but infinite possible losses.