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Gambling involves wagering money or valuables on uncertain outcomes based on chance or luck, typically in games of chance like roulette or lottery. Speculation, on the other hand, refers to making informed predictions about financial markets or asset prices using analysis, research, and strategic decision-making. Investors engaged in speculation aim to profit from market fluctuations, employing risk management techniques and market insights to guide investment decisions. While both gambling and speculation entail risk, speculation emphasizes reasoned analysis and economic fundamentals, contrasting with the chance-driven nature of gambling activ
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