1⃣ The purpose is different: the purpose of investment is long-term stable income, while the purpose of speculation is short-term high profits. 2⃣ Different risks: Investing is relatively low risky because it is based on fundamental analysis of the asset, whereas speculation is relatively risky because it is based on speculation about market fluctuations. 3⃣ Different levels of research: Investing requires detailed research and risk assessment in order to make informed decisions, while specul...