💡The difference between investment and speculation lies in the following aspects:

1️⃣ The purpose is different: the purpose of investment is long-term stable income, while the purpose of speculation is short-term high profits.

2️⃣ Different risks: The risk of investment is relatively low because it is based on the fundamental analysis of assets, while the risk of speculation is relatively high because it is based on speculation on market fluctuations.

3️⃣ Different degrees of research: investment requires detailed research and risk assessment in order to make wise decisions, while speculation usually does not require detailed research, and only needs to rely on market changes to obtain benefits.

4️⃣ Different influencing factors: the influencing factors of investment are mainly fundamentals, economic environment, etc., while the influencing factors of speculation are mainly market fluctuations and psychological factors.