I've been thinking about this for some time now. Some of my friends have said it's gambling and to be careful. First, let's see how this described.
On Dictionary.com it says:
noun
- the activity or practice of playing at a game of chance for money or other stakes.
- the act or practice of risking the loss of something important by taking a chance or acting recklessly:
If you don't back up your data, that's gambling.
So we are taking a chance. Is taking a chance a bad idea? We always take chances in life. What makes this any different?
They say always invest what you are comfortable losing, and I think this is where people lose the plot. A person might get overzealous.
What are your thoughts on this and what kind of counter points would you have if a person said this was gambling?