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Content
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basil pfp
basil
@itsbasil
assuming you are well-informed and better-than-the-average at what you do, what out-performs over a 10-year period? >investing (long-term, passive-leaning) >trading (day, swing, momentum) >gambling (poker, blackjack, craps) >betting (sports, polymarket) >hobbyists (flipping, reselling, collecting)
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basil pfp
basil
@itsbasil
cc @purp i believe you have experience in all of these things in some capacity. would be interested in your take. understanding, of course, the large amount of assumptions and generalizations that go into each.
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max ↑🎩
@baseddesigner.eth
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hawaii
@investanything
if i have better info than average , i would go for hobbyists (collecting those nft!!)
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LONO 🎩🐹
@lono.eth
Poker and long term investing for me I know that I don't have an edge trading short term.
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Garrett
@garrett
in crypto, i think this is the best below but trading and investing can have some blurred lines between them in crypto 50% investing 25% trading 25% hobbyists (staying active, being early, exploring and staying curious)
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Drakhonen
@drakhonen.eth
Investing, trading, hobbyists (I like what I like) GM, basil! 100 $degen
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Purp🇵🇸
@purp
@remindme 12 hours this good post share thoughts
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Json🎩🐹🫂🧾
@jy3d
I think the first one allows the mechanism.of compounding. The others can be very successful but require continually being right with less room for error as your base is more frequently at risk
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Jeremy 💡
@samedayjeremy
How about real estate? That might fall under investing.... which will outperform the others over long period of time unless you know when to quit early
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Juli 🎩↑ pfp
Juli 🎩↑
@juli
Without further input I would have said investing pays off for more people than trading than gambling and betting. However, if you are better than avg, got an edge, consistently trading or betting may compound more. I think poker is competitive these days and you’d likely need to be great to make similar returns..
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Travis 🎩
@travisblackburn.eth
IMO depends on what activity you can consistently do and enjoy for 10+ years
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