8 Differences Between Gambling with and Investing in Crypto

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Despite growing adoption from institutional investors and governments worldwide, many still perceive crypto as a get-rich-quick scheme and a medium of exchange for criminals.

Based on survey data published by Pew Research Center in October 2024, approximately 63% of Americans express little to no confidence in the reliability and safety of current methods for investing in, trading, or using cryptocurrencies.

While this remains a highly speculative asset class, with most altcoins and tokens being outright scams, Bitcoin and a handful* of altcoins are legitimate investments.

* Which ones? Time will tell, but Ethereum is still part of this past, despite ETH’s mediocre price performance in recent years.

Many fail to distinguish between investors and gamblers, still choosing to lump everyone into the second category.

Today, we’ll explore eight major differences between those who invest and gamble in crypto.

1) Obsessed with quick gains vs long-term vision