Bitcoin Forum

If you ask me, what is the hardest job? Then perhaps my answer will be the investment profession. It is a truly unique and harsh profession compared to other professions. Especially with Bitcoin and a volatile market like cryptocurrency.

You will see that every area of ​​life (sports, education, business, music, academics...) is a competition for rankings. But investing is completely different, it's not about how much money you make compared to those around you, it's a very unique profession, when what you fight for and win is not with others who join the market that is yourself. Win over yourself.

The challenge for Bitccion investors is not to try to find the best information the market has to offer, but to prevent themselves from being their own worst enemy - to prevent themselves from “restless”- buy and sell continuously

Restless busy has probably become an ingrained instinct in everyone's mind. A normal working person is too used to working 8 hours a day, their mind will always urge them to work. When you wake up and go to the company, you have to work. If you don't work with your hands, you work with your mind. You're always in a state of thinking or acting and you have to do this or that to make money. This makes them think that when they join the market, they You also have to work hard and hard to make money from the market. 
As I said, investing is a profession that is extremely different from other professions, especially with Bitcoin and the cryptocurrency market. The way legends make money is not mainly from buying and reselling transactions, but from "waiting".

Restless and waiting are two opposite things, and are also what help us distinguish between a true Bitcoin investor and a gambler.

I do not like how you started it that bitcoin investment is a job. See it an a passive way of making money as long as you can hold it and not considering of selling it even if it is falling in price.

This is true. If you wait, the price of bitcoin will still increase. Those that is losing small and sell their coins and people that do not know about trading are the ones that you are referring to gamblers. I agree with you.

Thumbs up for spotting this out _act_ . Making Bitcoin investments is not a job or profession that someone takes as a full time job. Except you are of course a crypto trader which will require you to have certain level of skills experience and and ability to analyze the crypto market properly. Even if you invest in Bitcoin you should also have a job or a reliable source of income. The investment should be more like your 50/50 way of battling inflation.

Op your idea is actually can be a very misleading one especially to crypto newbies. In summary, the context of your post is suggesting that Bitcoin is some sort of money making scheme. If you put it into perspective those that are currently profiting from Bitcoin are Hodlers who Invested very long ago. Long term Hodlers are the ones who profit the highest from Bitcoin hodling and you can't hodl for long term without a source of income.

Perhaps what you meant is that a trader as a profession? As far as investment goes, it's easy, you just buy and wait when you are going to sell it and make profits.


I think you make your life complicated with that kind of mentality or mindset. Yeah, you might see it as competition, but nevertheless, if you want to compete then it should be against yourself and not compare what you have done or accomplished with others.


The difference is that you when gamble, you don't have total control of the outcome. But as least if you trade, you can mitigate your risk by using the principle of stop-loss.

It wasn't that bitcoin knowledge acquisition is that hard or being the hardest or toughest to acquire, but we have discovered that many who are into it could be probably doing it wrong or feeling lazy to learn and know what is involved in this decentralized digital and volatile network, at least we have birth in a lot of bitcoin users and professionals whom by the virtue of how they all started, they have no experience or idea on what bitcoin is, but later they give their self towards learning and got improved through insights required to help them through their adoption journey.


This makes it sounds as if we are to make comparison of a bitcoiner to a gambler, which are two entire different things, your adopting for bitcoin is because you wanted to invest and secure your asset and also earn over time from it, this will also gives you control over them, while gambling is not something close to that, you're giving fun while using your money to gamble, whereby you mostly lose with bets on gambling than when you invest.

There's a big difference between a gambler and a Bitcoin investor; in gambling, there's so much risk involved.

Gamblers rely on luck and chance, and their approach and mindset are different from those of a Bitcoin investor.
When playing bets, they go for short-term gain but very high risk, while Bitcoin investors engage in
cryptocurrency with a long-term perspective and exercise much patience.

Bitcoin investors analyze trends, the potential growth of Bitcoin, and technology.

Investors make decisions based on analysis, not on luck. 
Also, there are more risk factors or disadvantages to gambling, such as gambling addiction, debt, and losing money frequently due to the unpredictable nature of gambling and its effects on mental health, relationships, and overall well-being.

That depends entirely on the person you’re asking. It depends on their skill set, the environment they grew up in, their attitude, and their dreams and passion. One would find a job very difficult if they did not like it in the first place.
Investing is not a job for it does not give you active income. If you didn’t have a job in the first place, where would you get the money to invest in from?

If investing is your full-time job, then it will not be sustainable.

Trading should not be taken as a job too and a trader should not put all his dependent on trading, because you can get liquidated for a wrong decision on the market and you will run at big loss. Investing and trading should be done as part time, and investing does not need much knowledge and attention as long as you are on a long-term bitcoin goal, what you are doing is just to buy and transfer to your cold storage wallet. A means of income is needed to invest and to trade because trading is very risky and investing is for the future.

Of course, hodlers will benefit more than traders because there is a high tendency of making profit in the long run, and there is a high tendency of running at loss when trading. The compounding profit effect makes hodlers bitcoin portfolio to increase in value over time.

If people are invest in Bitcoin, they're not gamblers, even though they didn't even know what is Bitcoin. Even they buy at the top, as long as they hold for few years, they will in profit. The only way we can call someone gambling in Bitcoin is they're trade Bitcoin in futures with high leverage.

That's the risk of a full time trader, there's nothing wrong if someone want to become full time trader if they have a lot money and want to put their dedication in trading.

I don't agree with this. Although trading comes with its own level of risk, just like almost any other profession, it can either be taken as a side hustle or a full time job. It actually depends on the person in question. Trading is a full professional job and a lot of persons out there have it as their core source of income and I really don't see anything wrong with it. Just like we have responsible gamblers, so also we have experienced traders too.

One thing that people fail to understand is that trading is something that requires time and analysis. Experiences traders also understand risk management properly and are also good at applying it during the entire process.

This is only a challenge if you are exaggerating your Bitcoin holdings by thinking about the price fluctuations all day long. How come it’s very hard to invest on Bitcoin while you just need to buy and hold then forget about everything. The only thing you need to do is just wait while you still doing your normal job let Bitcoin do his job for price growth.

Bitcoin price is proven consistently growing so there’s no way you will still doubt about Bitcoin when you invest on it. Just buy and hold are very simple things to do rather than a regular job that requires most of time just to get a paycheck at the end of the month. At least on Bitcoin you just need to wait for the result.

Did I miss anything? What is the correlation of your title to the actual context of the post?

Gambling is not even a profession and you open this post asking what is the best profession out there is for you.

You are correct however when you say that investing in bitcoin is a waiting game and as easy as that sounds, people actually has a hard time doing just that. They want to take profit as soon as possible but for us patience is a virtue and it will pay off soon enough.

Bitcoin investment and gambling are two non corelevant axis as gambling is way too risky and it's pure luck and sometimes betting is involved which includes bookies and basically one person's gain would be other person's loss but Bitcoin investment is just like any other traditional investment but more volatile compared to other assets like gold and real estate and also it requires proper analysis about the entry and exit point.

In as much as I show interest in the topic of this thread, the content is entirely different from what the topic portray. In fact, there's no correlation between the Op topic and what he discussed in the thread. As confusing as the post is, I think Op wanted to talk about the importance of holding and how beneficial it can be just as you point out. Holders are the people who benefit most from bitcoin and not those who risk their coins through trading. The challenges facing some holders remain the lack of patience which is mostly caused by insufficient funds. One can not afford to hold bitcoin for a longer period if they are not buoyant financially to survive without tempering with their investments.


Not everyone can be patient to hold for a longer time and I don't blame them for taking profits when they choose to. I believe this investment is all about individual goals and how you plan to achieve it. Taking early profits is not entirely bad since the motive behind the investment is to make profits but they should be aware that their future potential profits is becoming insignificant whenever they take profits. They call it smartness but I see it as a lack of calculation.

Gambling is understood differently by different people, so it all depends on how we understand gambling and how we understand Bitcoin. If we consider gambling to only cover chance-based activities (and not skill-based betting or games), then I'd say investing in Bitcoin is different because it's not a random chance, and there are certain real tendencies people can follow. But both gambling and Bitcoin investments entail a certain level of risk, so in this sense gambling isn't that different from Bitcoin because you can lose money and sort of can win money.
The op's point about being restless and waiting is relevant, I suppose, if we consider people who gamble regularly and people who invest long-term in Bitcoin. But if someone is trading Bitcoin, for instance, then this person is also restless, so to speak.

I'm sorry, but I have a hard time understanding what you mean. First of all, gambling and investing have no correlation with each other; investing requires skills, knowledge, and mental strength, while gambling is mostly based on luck, unless we're talking about card games or sports betting, but they're still more reliant on luck than everything else.

I'm not quite sure what you mean in the third paragraph. From my understanding, you're trying to point out that we're our worst enemy, which is reasonable because a large number of investors panic during price dips. Containing yourself during these periods and coming up with the most effective maneuvers is necessary. Investing isn't a step-by-step process of predetermined steps, which is often done in the 9 to 5 workplace.

This feels like a very myopic way of seeing things.
First of all, who takes Bitcoin investing as his job? How feasible is that? Bitcoin investing is an investment that anybody can have. I don't believe it's a profession. Bitcoin trading can be a profession, I guess that's what you mean.

Secondly, how did you decide that bitcoin investing/trading is the most difficult job in the world? There are tonnes of jobs in this world and so many of them are very difficult. The fact that you do not know the dynamics of the job doesn't make it easy.

Finally, you didn't really address your topic. Gambling is betting money on an event and the outcome is determined by chances while investments are buying an asset which grants you ownership of that asset. There are similarities between gambling and investment, but there are also differences and I don't believe "restlessness and waiting" is what differentiates the two.

This has no correlation, the title “bitcoin gambling and Investing” but the context is investing as a job is a little confusing. Lol

We know gambling is completely different from investing even with futures trading they think it's different.

Don't make bitcoin investment as a job for OP anyone in investing while working you don't need to monitor the market because investment is long-term in nature, just buy and then save it is enough and set your selling target in the future.

Op, I think you are making a big mistake here by thinking that Bitcoin investment is a profession because it is not, Bitcoin investment isn't harsh, infact it is as easy as other investments which you can't do without acquiring knowledge, you better don't discourage people with this post of yours cause a lot of people may think that people who are Bitcoin investors are in hardship while they don't know anything about the investment.

Every investment has it's own risk but the level of your knowledge in Bitcoin investment will determine how successful you will become and the understanding of the market you have and the patience you put in as an experience investor will make you not to panic during the bear market and your understanding to keep buying Bitcoin during the dip will keep you out of less because you stand by making profit during the bill. Gambling has no camparism with Bitcoin unless you talk about those who gamble in trading but for anyone who understands the market I don't think they will ever find it difficult in their investments.

Come on... I'm in the niche, I belong to it, I know what you're talking about, but let's not monopolize attention that way either, don't compare pears with apples, each profession has its interests, its capabilities, etc.

The title is dissociated from your context, I thought you were comparing the literal bet with investing in bitcoin, a classic topic of discussion among those who trade crypto as a profession and are bothered by being told that working as traders is the same as being a gambler.

I understand your passion, but like I said, don't try to count pears and apples, unless you know you want to count fruit.   :)

Success for everyone!

In other words, you’re trying to say that, those who profit from buying and selling like that of a regular trade is just merely gambling.  Wow but I think you’re wrong, a good trader doesn’t just wake up to do a guess work of starting a trader of either buying or selling, but rather they what is called technical analysis before executing any contract market.
You also have to know that, there are several means to earn from bitcoin and cryptocurrency which ranges from holding, trading, arbitrage and the rest of them, and eBay matters most at the end of the day, is that we are making profits above  losses.

Bitcoin investment is a great task but the real bitcoin investors already know that, the actual profit is in the holding without much risk and that’s why, real investors always seek every possible ways to buy and accumulate when there is a dip because they already have the consciousness that, no matter how long it stays sipping, bitcoin will definite hit a new all time high price and that’s where the hope of a long time holder lies and you wouldn’t slam blame others for not choosing the path of investment because they’re other several ways you can earn from bitcoin which include the trading and trust me , a lot of people are doing extremely well in  the field rather than buying and just holding in this current economic situation which I think wouldn’t be easy for one to keep up with.

Investing in Bitcoin is tricky business.  On one hand, having patience and holding those coins long-term has paid off for many people.  but some legendary Bitcoin ballers also made bank by strategically buying and selling at the right times. So which is the best approach?

The truth is, Bitcoin investing takes both discipline and occasional calculated risks.  You cant just blindly hodl and expect to strike it rich.  Nor can you day trade Bitcoins like stocks and not get rekt.  You gotta have the guts to buy when there is blood in the streets, even if that means going against the herd.  But you also cant freak out and panic sell when the price crashes. 

Having patience is key no doubt.  But even masters like Michael Saylor dont just sit on their hands.  When the time is right, they pounce to increase their stacks.  That takes balls of steel and acting while others are paralyzed with fear.

So in the end, successful Bitcoin investing requires inner confidence and zen, grasshopper.  But also the wisdom to move decisively when opportunity knocks.  Just buying and passively waiting wont cut it.  The patient lion waits for the right moment before going in for the kill.  Be the lion!

Being an investor, or trying to make a living out of it, for me is kind of being an entrepreneur: you are betting on yourself, on your abilities, on being better than others who failed while trying to do the same thing. It's something different from owning a sandwich store but the point is that it's all on you, if you make mistakes nobody is going to help you. The risk is that it could also be difficult to actually separate your personal life and work because crypto markets are open 24/7, so you may end up checking what's going on all the time.

I would consider a "real bitcoin investor" someone like myself.  Someone who spent an entire year studying bitcoin before ever even buying a single satsohi.  I wanted to make sure that I fully understood bitcoin, the blockchain and how everything works.  The majority of people I know, have absolutely no idea about how bitcoin works.  They couldn't even tell you what the blockchain is.  Very annoying.

 I must commend you for bringing that to the OP's notice, such statement could discourage newbies that are interested in investing on Bitcoin cause they'll all see it as a very difficult task to embark on whereas it's not. Investing in Bitcoin is not like a professional job in Cryptocurrency I see it as a passive way of making money cause one could buy and hold Bitcoin for a long interval and still earn lots from it and that would still give one an opportunity or enough time to still focus on other activities unlike professional jobs in Cryptocurrency like data scientist or even a blocblockchain developer. I think one of the easiest way of even making money is buying and holding Bitcoin for a long term those who bought Bitcoin at 40-$50k and sold at 70k could testify that, all one just need to do is to gain a proper knowledge and understanding bout Bitcoin investment before going into it then they're good to go.

Looking at the title, I thought it was about people making investments without proper knowledge, making money, and soon losing it. This is a real gamble, and even now more people are doing it because they believe that the cryptocurrencies on the leading order will have at least a small variation in price regularly. These are the people who don't have the patience, they just want to book the profit as soon as possible. At times, they won't be able to achieve it, and by then, they should've kept hold of their assets. What they do is sell on losses and blame the market. As said, real investors are the common investors who keep hold when the market moves downward.

If investing in bitcoins is a profession or a job, you will not be able to combine it easily with other sources of income, but since you can comfortably invest in bitcoins whilst still having a job or business, it is not a job or profession, just an opportunity.

You have accurately given the difference between the real investors in bitcoins, and others who are gambling on it.The difference is in the knowledge. Real investors know what they are getting into, the gamblers do not.

This is where the whole “cryptocurrencies are scams” ordeal came from.

People invest their money into crypto thinking it would give them easy profit. They think they don’t have to exert effort into it. Holding is just basically waiting but it is still accompanied by great knowledge and cautious planning.

The sooner people realize that investing in crypto isn’t all rainbows then they can properly learn about the risks and possible consequences and try their best to avoid making those mistakes

Well, not absolutely clear but I understand that you are trying to share an important information on how important it is for a bitcoin investor to have patient and hold for a longer time period, for holding for a longer time is where the most profit lies in bitcoin investment.

You are not wrong at all, but then, investing in bitcoin can never be compared to gambling, because both are not of the same category or compatibility to be compared with each other, if you really want to compare gambling with cryptocurrency, then I think meme coins, most especially degen meme coins are best suitable to be compared to gambling.

And also important you know that not every one buying bitcoin are buying sole for profit, and not also everyone buying bitcoin wants to hodl for a long time, people have different agendas and plans on why they put their money into bitcoin, short terms seller shouldnt been seen as gamblers, because everyone have reasons for their decisions and indecisions.

It is the hardest way as you think but I/we don't mind nor complain about it because we want to improve. No risk, no gain. That is exactly how life has been described. Life is not gambling that we rely on luck and if we get the luck we become a wealthy person but it is indeed a need of sacrifice and hard work. In fact, all the profession needs hard work and dedication isn't it?

If we think investing in crypto or any form of investment and profession is our passion, I don't think there is a reason to feel hard but instead, a love to show.

As far as I am concerned no one can invest without proper knowledge in crypto there will be risks but for those investors who understand the position of the market it is easy to deal with the risks. Many people have less tolerance for gambling and they become greedy. But true investors never lose their grip and choose the right currency and invest for long periods when the market goes down which will give them good returns.

Yes, it is true that a bitcoin investor carefully researches the market and takes long term risks we can also call strategic planning. But while a gambler gets a chance to gain slowly in the beginning, later they get greedy and rely on luck, chance and guesswork for a quick gain. They never consider the long term like a Bitcoin investor, in a situation they make emotional decisions and risk money. A Bitcoin investor struggles with patience, while a gambler craves instant gratification, willing to take big risks for the chance to make a quick profit, often leading them to ruin their money.

There's no such thing as "investment profession". Day trading might be called profession. Investing in general isn't a profession, because the investors might have regular jobs and investing is their side hustle or a way to make their savings grow.
The comparison between gamblers and investors has been done a thousand times and it's plain stupid.
Gamblers: Spending money on luck-based games, expecting big profits with no effort (and most of them are doing this for fun).
Investors: Trying to invest their savings in order to get a steady ROI and to grow their wealth.
In summary, comparing gamblers to investors is like comparing apples to bananas.

The best approach depends on what you need. If you can afford to keep waiting then that would be excellent but I really believe that if there are other ways, quicker and sure, then why not right?

If you can take and manage the risks, go ahead but the safest option here is to keep holding until you reach your goals.

Gamblers are all about “hit and run”. They wager big and they want instant returns. That’s why these people mostly make leveraged bets because they don’t have the stomach to wait for 2-3 years.

Investors are in the long-play. They are also gamblers but they are not players. There is a distinct difference. Investors act like the casino/the house because they have lots of patience and they want returns. They don’t care how long it will take. In the long run they almost never lose.

I think we can do distinguish between gamblers and BTC traders if we separate the meme coins investors and the investors into BTC.

The thing is that everyone here knows that the price and volatility of meme coins can't be predicted. Then why they're investing into meme coins just because they like to gamble a little. On the other side people investing into useful altcoins and BTC are more of a strategical traders that trade on their skills.

OP these are your views and I don't dispute it because you have your experience. I have not engaged in Bitcoin trading so I don't know how it works but from studies and experience from others I can say it requires lots of current information and dedication.

However I see investing in Bitcoin as the simplest form of investment than others. Putting money into real estate requires lots of bureaucratic process that can make it tiring. Establishing and running a business can also be stressful. But the Bitcoin cycle has been consistent for so many years which makes investment predictable. Just invest what you can afford to live without and ensure you keep your coins safe. Use DCA to invest conveniently at your own pace. Then you should have at the back of your mind that just like other businesses there are risks to face losses. 

I would agree that a real bitcoin investor should establish a good foundation of knowledge first before deciding to take the risk. However, studying bitcoin even for a year cannot guarantee a successful investment. Experience and continuous exposure to the market by starting to invest at a small amount is more necessary. That way, you can apply everything you have learned and test if they really work for your investment or not. Also, learn from the experiences of early investors as their suggestions and ideas may contribute a big help to the success of your investment.

Bitcoin investors are very different from gamblers; they are not the same; rather, they are actually different categories. In terms of how they make money from gambling, it's really just based on luck. Even if you don't know anything or if you're a first-timer, when luck reaches you, you can really win millions but this is very seldom to happen.

But being a bitcoin investor is, of course, a type of investment that you are looking for that can return you a good ROI on the capital that you will use here, and if you allocate it to your bitcoin, you will definitely have a profit, as long as you just wait. In gambling, it's not like that; you have to bet to know if you will hit or not. With Bitcoin, once you buy it, you earn it.

Before diving into the difference between gamblers and real bitcoin investors, it will be interesting to know who these personalities and professions are all about.
A gambler is an investor who stakes on the outcome of a sporting event at a specific odd within a short period of time, with the intention that it ends in his prediction with the knowledge of his potential winnings. A gambler may lose all the funds invested or may increase his invested funds according to the odd allotted for such sporting event.
On the other hand, a real bitcoin investor is a person who buys bitcoin and hoard it for a long or short period of time, until there is a high demand for bitcoin which makes it appreciate in value.
Hence, the difference can be summarize below:
1. A gambler invest in a specific odd with the idea of the potential winning, while a bitcoin investor doesn't have an idea of the possible outcome.
2. A gambler can lose all his funds within a blink of an eye, while a bitcoin investor can only witness a depreciation in value.
3. A gambler relies on history to make his predictions, while a real bitcoin investor relies on market value.

I concur to this op is deraying from two things gambling is a gambler which fun in making despite money been attached as some use it as means of investment and making money, Bitcoin strictly is not gambling but a kind of investment that require once knowledge and patience  mostly when it comes to do with long time holding beside it's not quick to get rich process like many gamblers see gambling as quick to get rich another aspects is that the rate of losses involved in gambling even with good knowledge can't be in Bitcoin if their is a good knowledge of the investor for me I see this two things as something that has no comparison.

Why are you comparing investing with jobs?

Investments are always the side dish, the job is the main course.

Your job is the one which gives you weekly or monthly income at a stable rate. Your investments vary as per the risks they carry and bring money once a while in bulk. Dont consider it as a job where you have fixed hours and have more or less fixed type of skills to apply.

Your investments should be such that the interest they bring will help fund your short yearly vacations to get off from the job monotony.

Truly restless busyness is something that hinders many people, and those who are constantly looking for something to do in the Bitcoin market, then I would advise such people not to associate themselves with this, or to be extremely careful and underestimate the market. To many from the outside it seems that this is simple, but overcoming yourself is a task of incredible complexity. We must face our fears of loss of profits, fomo and many other psychological barriers. When I started investing in Bitcoin I thought it was simple, looking at the chart, but now years later I understand how complex and uncertain everything is, but in the end I can confidently say that I like it and I’m glad that I once connected my life with bitcoin. At the same time, I understand that there are those who lost a lot of money because of their endless fears and left this market forever and, unfortunately, do not want to hear anything about it.

Between two gamblers or investors, they are also investing in the same way, just different in the category in which their capital will be used. The other is gambling, where the chances of losing the capital you have are high, that you don't need any research to be done just so you can play and win gambling, that you can get lucky in the jackpot, and that you can also be unlucky in gambling. 

Whereas in investment, the chances are high that your ROI will be good if you invest in the right investment, and since your comparison is with bitcoin investors, there is no doubt that our ROI will be good for the future with the capital we will use today.

As long as the financial stake, return and risk is different, there's no much similarities between gamblers and real Bitcoin investors.
I like to look at the fact that a Bitcoin investor could know how to understand the trend of the current market and either decide to hold or sell or buy and it is going to be profitable even if the gain isn't much.
Whereas for gamblers, the knowledge of how the game is played does little in predicting the outcome, hence the reason why it is called a game of chance or probability and a Bitcoin investor knows that the best probability of making profit is to invest at the right time.

Both of them are totally different from one another because I don't see any relationship we know that both of them have risk but gambling is risky compared to gambling and if you place your bet there is no going back but when you invest you will get your money back offer time, that is one good thing about gambling. Investing is much more better and a safer space to put your money.  And the gambling winning is not guaranteed is not worth it. And it is better to make proper use of your funds than want to gamble with it. And gambling is not that bad but invest rather than gamble it away because the moment you lose everything is gone.

People that panic are people that are new because if you are familiar with trading or even hold then the market should not be stranger and you will find it very easy to deal with what ever market condition it is, and if it about the dips ita always a good opportunity for you to add up to your assets and one thing I always belive is that no matter how the market is bad you will recover your money if you can wait. And investing comes with a lot of responsibility that can not be ignored. Because as it involves money you have to pay serious attention to details. If not you get confused and one might end up losing money due to carelessness. But will choose investing over gambling everyday everytime.

When you understand the basic concept of Bitcoin, you will know that these two things you are trying to compare and not comparable.

If you compare gambling and trading, I will understand your comparison because trading is very risky and you can lose money same as gambling too; but you talk about Bitcoin investment, then you need to take Bitcoin out of this discussion, because Bitcoin is unique coin that gives financial freedom and it store value despite the market volatility.

Some Altcoin investment can be compared to gambling because some altcoin can just die just like that, that is why altcoin investments should be a short term investment.

I agree with what you say, comparing gambling with investors, of course this is very different, to be able to become an investor certainly requires a learning process that is not short and there are many things that we must be able to master well and this does not apply to a gambler who only relies on luck to be able to win the bet they placed.

In trading, of course this is very risky if we don't understand it well and we will lose the funds we use in trading if we make the wrong decision to trade a coin and in investing in Bitcoin, of course this is very good if we can do it consistently to get results. which is perfect and if we continue gambling, of course we will experience financial problems.

Okay... Hold on a second - what do you mean "waiting"? Like running weekly/extension trades? Or HODLing Bitcoin? If it's the former, it'd require a whole lot of skills and experiences and huge capital base to set up a weekly trade that'll run on losses for as long as 3 to 4 days, before ushering in the profits. You also gotta be skilful with your stoploss and take profit option.

For the later, the description on a type of person that works 8 hours a day would fit in for it ...as it doesn't require any extensive technical knowledge. All they gotta know is when, how and to what quantity they can buy at a time. Imagine buying and HODLing BTC at 19k, compared to today's rate? You'd earn 3-4 times of what you invested..

That I choose not to HODL doesn't make trading= gambling.

Right, gambling is a kind of investment as well, wherein you invest your money to make more money but the rate to grow your money is lesser than the chance to lose it all. Hence, gambling is never a reliable investment. However, if you invest in the highly potential investments like bitcoin and real estate, the chance to be in profits is definitely high, as long as you know what you are doing and you are doing calculated risks in your investment.

Being a gambler and an investor may create a similar and certain goal but are totally different when it comes to skills and strategies being applied.

I like these types of people, only working 8 hours to monitor the market and know when to enter to buy more and when to exit when the highest price is reached (Main target).

Long-term buying and holding does not require extensive technical skills, just using basic trading skills is enough to get started.
But financial management is very necessary to do, because this will be directly related to DCA,
purchases that will be made gradually when prices continue to fall or at a predetermined time.

Those who continue to buy from $19k will certainly gain a lot of advantages over trading directly and have greater risk.
It does not have too much psychological burden because the price target has not been reached, and backup funds are still available.

But will it always be the best?
Of course, this is not the case, because some panicked people will only sell all their holdings when they can't manage everything.

People who are impressed to do the act of gambling, usually get stuck because of FOMO and then sell when the price continues to fall,
they also do not know how to do market analysis and only rely on guesses alone.

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Gamblers were the short-term focusing people, whereas real bitcoin investors were the long-term focusing people. They never think of an immediate bounce or making a profit. They look for stabilised growth, and in between, if the market has reached the predicted growth, they'll take the profit and wait for the opportunity to invest in the bearish market. Short-term focusing, people try to enter the market, unlike the trend. Even at the peak, they'll enter and try to book profit. This used to be successful, whereas the risk is big, which is a kind of gamble.

It's not a profession, if it was then I should be putting in a lot of ours into bitcoin investing including my day job, you can do the investment passively so I don't get the idea why it should be considered a profession when that's not the case for most of the bitcoin investors here in the forum. I think that you're even doing it wrong when you do bitcoin full-time, unless you're a trader that can consistently make money out of your trading, you're probably going to be fine but if you're not that then you're probably not going to make it big and it would be a difficult endeavor for you. Also, this thread would probably fit better in the Trading Discussion more than the Bitcoin Discussion. Regarding gamblers, they're not really in the same realm with investors, they can't play the waiting game and the thing that they do is that they're almost always going to end up losing because in gambling, you will always be guaranteed to lose that money no matter what you do or preparations you do, with gambling, that's always going to be the case.

Basically investing and gambling are different things, although both have quite high risks because we can lose money. if we invest in the short term and don't understand the concept of bitcoin well then it can be called gambling too because they invest without adequate knowledge. In essence, work that is not analyzed well, without good knowledge, especially without concepts and goals, can be said to be gambling.

The first thing that must be distinguished is that a profession is a field of work that requires expertise in that field, while our work does not require special expertise or skills to be able to start it. So my assumption is that OP said profession means he is really an expert in his field so he makes investing his job. Don't be mistaken, now there are lots of people who make trading or investing a profession. Moreover, in my opinion, anything that can make money can be called a job, a job doesn't have to be full time to be called a job. In today's technological age, people working for just an hour or two can make money.

In my opinion it is not a job but a decision, indeed you can earn from investing in Bitcoin but what you get is not a regular income because there is a period where you can only wait until the price reaches what you expect, and also you need money to be able to invest so you require work to produce and invest then that investment gives you profits.

The two are not that different because they speculate on prices, because no one can know the price of Bitcoin in the future, so people speculate that the price will be high and it looks like gambling but not completely because there is still an element of analysis because real gambling is more about hoping for luck.

Of course. The actual investment is exactly what the legends made and this is quite evident only we do not want to prove for ourselves that what they do is the most optimal. It is not wrong to say that our patience is fertile. Well. The most energy comes out when trading. It pretty much takes money, time and energy and thought.

Indeed, trading is also profitable, but time must be full time, not 24 hours in front of the screen, which I mean our attention will be focused a lot on it, dominantly. For a percentage it will sometimes end up balanced with the capital we first spent when entering buying.

From the title I see that the OP wants to explain that trading or futures is gambling while investing is work. I can somewhat understand the correlation but I think trading and futures are a little different from gambling. You are still risking your money with the risk of losing the value of your money when you experience liquidation. This is different from investing in Bitcoin where you don't have any risk except the price of Bitcoin itself. But investing is not a job. It's an investment. Only that. If you are a crypto investor then what you do is do research on the project you are going to invest in. Then you own the assets and you wait for the development and growth of the value of your assets to see whether they decrease or increase. Sounds like work but in bitcoin investing you don't do any "work" right? I think I need more explanation on this like @BABY SHOES.

I think this is where it lies a difference between making investment as your main source of income vis-a-vis making it as a sideline. The problem with people who make it their source of income is its unpredictability.

Yes you're right- its market volatility makes it very unstable and unpredictable. Despite knowing the market and all the relevant information regarding its price movement, there is still no guarantee on your investments if it would make a positive return. On the other hand, those people who view it as a sideline would most likely HODL for long-term and they would cash out when they think that the price is comfortable enough for them to realize on their profits.



I agree- both have their fair share of similarities (e.g. the risk of losing your money, unpredictability, etc.) but the very essence is different.

Personally, I would definitely recommend investment over gambling due to the latter's risk that can potentially snowball into a bigger problem in the future.

IMO bitcoin is an asset and can be approached as such, what i see as gambling is when people rush into it just for profit sake and end up screwing themselves up by think in short term and maybe they enter because if FOMO and if bitcoin drops in price they lose some value in their money and end up leaving with a lose.

Nope I disagree with you about the idea that investment is the hardest job, not as a profession as strategy. It is the easiest job if you have knowledge about it. It just needs nothing but HODL! 
 
Anyway investment is easy when you have a proper awareness of things like knowledge, strategies, and experience as well as funds. So if you don't have it, I think you are right here that investment is the hardest job. Because if you don't have proper knowledge, then investment can be a gamble for you. Investment in Bitcoin is a complete department in which you should have need  to learn a full fil knowledge/awareness of market sentiment, if not then volatility can look like betting or gambling.

Each of us has a different approach to this field, so that difference shows the fact that it is not for the crowd and the winners in this field also have many different reasons.

I also have some experience with this journey, I don't attach much importance to investment theory because I really don't feel too pressured to make more money. I have accumulated bitcoins and from time to time I think I will earn more bitcoins, but there are times when I have to accept losing bitcoins. So it's not always about winning for everyone, it's just a matter of whether we will win/lose.

I believe, this is a subjective topic as every person has their own take when it comes to investment matters. For some, it is the hardest, while for others, it is the easiest. So the approach to this topic varies from one person to another, and how knowledgeable they are on this field. Of course, if you have little to no idea, would be very hard for you to think what to do. In this case, you need to educate yourself and that will give you insights on how to do things and it will give you idea that it is not hard after all.

Real investors don't think about luck, they work hard to reach their goal and spend money thinking that they surely get something in return. But gamblers, rely on luck and whatever they do, it won't change their position. Unlike investors, if they will work hard, and find good strategies and patience, they will take the rewards they deserve.

Don't think it is a challenge for them because if we choose this kind of life (a gambler or investor) it is not difficult for us to do things as needed. We can never find an excuse if we want something to get unless we are a lazy person who just wants an easy life. No Risk, NO gain.

An investor is a natural or legal person who allocates a share of available capital in the expectation of a return on investment.  He can thus invest in stocks, bonds and related rights, currencies, raw materials, real estate or any other asset.  An investor can invest without distinction in the primary market (newly issued securities) or in the secondary market (already issued securities), in securities of listed or unlisted companies.

 He can make his investments on a regulated market, for example a stock exchange, or even over-the-counter, on the unlisted securities market.  An investment has a variable duration depending on the initial investment objectives or the needs of the investor[1].  Unlike the speculator who seeks to take advantage of a fairly short market window, the investor invests for the long term with a view to managing his assets, or those for which he is responsible.

 Professional investors with a large financial base are called institutional investors; they are sometimes contrasted with individual investors, or small investors.

The gambler's goal is to get dopamine, and the investor's goal is, on the contrary, to get Results without any emotions.
It is clear that a person is not a computer and even a calm investor will rejoice at the result, but he will always keep his sanity, preventing the transition to tilt. The investor does not care how quickly he gets the result, he is ready to wait patiently.

But gambler wants to feel emotions. Get the money as soon as possible and ... start playing them again. There is no ultimate goal at which he will stop in this game.

Investing is not the most difficult job but also not the easiest, if investing was easy, not many people would lose money and you have also seen many people who do not want to invest because it is too risky than you think. The financial market is considered an extremely fierce battlefield, the winners are small and the losers are the majority, so it cannot be said that investing is easy.

When you have knowledge and experience, it only helps you increase your chances of winning, but does not guarantee that if you have those factors, you will definitely win.

In general, making money is never easy whether it's investing or any job, and that's why the rich in the world only have a very difficult rate while the rest of the world still met alive in poverty.

Investing is good to gain passive income but it is only easy for people who have knowledge about the market and investment principles, then can apply it to manage their capital well enough, and choose good assets for their portfolios. Lastly they need to be very disciplined with their investment and capital management strategies, understand the market psychology cycles.

It's easy for people who manage to do it well but it is difficult for people who can not do above things.

There are people who win, people who lose money and in a same market, among many investors, there will be winners and losers. Not all investors will get profit because losers will do their capital management and portfolio management badly.

It's not easy but as said, if people can learn and apply good strategies, control themselves well, investment will become easy and will help them to get passive income, richer and have a more prosperous financial life.

This is also because of the misleading posts on different social media sites that they see but it's also their fault of believing it immediately. Apart from investing, most of these posts are also about trading and it is not possible to slouch here but to simply have an effort is still not enough and including having a normal/common knowledge but we need an exceptional one.

It is okay to commit a mistake but it must not only be intentional and if we already follow the proper guidelines, the losses that we can get is for sure small only and not enough to shake us. This makes us to continue what we have started and master the game later on.

Risk is indeed present with investments but it will never be the same as with gambling wherein one's luck and fate are the determinants of the outcome whether a gambler would win or lose. With investment, risk of losing is also there but manageable through market analysis and control of emotion. Declines and uptrends happen from time to time but if you know what you are dealing with, you'd figure out what's best to do in order to avoid loss. With Bitcoin investment, you could just invest and wait 'til the market price go up. The next thing to do is to control your emotion in particular with avoiding to panic selling. If you know how big its potential, you will be free of worries. In every dump, there will be a following recovery simply because there's demand and volume.

These things are simply and obviously separating Bitcoin investment from gambling activities and the concept itself.

Not just in investing, any job or field, if you can learn, work hard and apply good strategies then you will make money. But between saying and doing there is a huge gap. Many people talk very well, but how many people can succeed when they start implementing their plans? Everyone knows investing is good and it can bring passive income, it sounds easy but how many people have done it so far, how many people are earning passive income by investing?

People always talk about passive income by investing, becoming rich and financially prosperous through investing, but I really want to know if it is that easy? How many people have done it and are you among them or are you still struggling with your plan?

All jobs have their own level of difficulty. We cannot say that the investment profession is difficult because investing is not a job. It's like saving money, and we can think of it that way.

We save Bitcoin for a while until the price of Bitcoin rises high and we can sell it for a profit. A Bitcoin investor should not pay much attention to market conditions as he should only focus on buying and accumulating Bitcoins. He will buy Bitcoin when the price experiences a correction and hold it after getting Bitcoin.

Meanwhile, he can use his time to do more useful things. He can also look for other jobs that will give him more money. With the money he earns, he can increase his capital to buy Bitcoin as an investment.

Invested money requires you to be patient so it would help if your income does not only come from your investment. It would help your attention to be diverted and lets you leave the bitcoin alone. It would be better if we found more productive ways to earn more money and it does not necessarily have to be outside bitcoin field.

There are multiple ways to actively earn from cryptocurrencies. Not just through investing so this just shows how vast the cryptocurrency is becoming nowadays

Bitcoin investments and gambling are two worlds,typically,its the narrative that people have about this terms that makes it relevant or irrelevant.
Imagine the  two daughters of a prominent,influential and famous bitcoin user,investor are trying to introduce their boyfriends to their dad.Using this way,the first one introduces him as gambler,while the second daughter introduces him as an investor.Who do you think the father will regard more,its the investor..

Basically,gambling and investing are two different things,a gambler can also be an investor at the same time.In gambling,you don't apply the ultimate practices and steps towards making or choosing the rich options for your finances.investing involves making much more informed decisions about the market with respect to risks management,time and cash flow.

Gambling is not a good alternative for accumulating wealth or building up your finances.Gambling entails strange strategies that'll either cause you to gain or loss.There are only lucky gamblers,therefore,good investors  come out from daily research and knowledge.

When someone makes an investment, of course they have to be able to hold the investment they are running until the investment target they are running is achieved, so if we only rely on income from investment, of course this is not possible, of course we have to have another source of income so that we can run the investment. we do this to achieve the investment target that we make. If we want a way to earn income from Bitcoin, of course you have to be able to trade, but I think this has a greater risk than investing.

It's actually much simpler when you understand how to invest and Bitcoin has a repeating cycle which means we only need to wait for the process to increase to the price we want. These difficulties are caused by wrong knowledge and we are too panicked about the decline.

There is a level where humans have choices in life and we usually choose the easiest path to achieve what we want. On a simpler scale, we strive to achieve a good life, but sometimes we forget how to get it.
There is no promotion that is fun without knowledge because we will never have enough, how can anyone reach the stage of success if they don't have knowledge when running. Life is not just about money, but money is needed to make life better.

The big difference is that investing doesn't guarantee you a total loss, the price of bitcoin will go down but if you plan to get it out right now, you would still be doing fine with your money albeit there's losses but with gambling, it's over once the result is visible, no take backs and no small losses or percentage losses, just straight up losses and in gambling, the loss is inevitable per game, the win might not even happen in one of the times that you're gambling.

You are right because income from other sources will not disturb our investments. Our plans can run well, and we can still meet our daily needs. This will clearly help us develop our investments so that we can gain profits in the future.

There are many ways to earn additional income. Cryptocurrency can help us make investments that are truly different from other investments. We can also try to trade to earn additional income.

If we can learn ways to provide that extra income, it's not gambling, and we actually know how to get it. If we can gain the ability to trade, we can definitely earn income. But everything requires a desire to learn it.

I think whether investing is a job or saving depends on each person's thinking. I never considered investing in bitcoin as saving because investing has risk, meaning we can gain or lose while saving will not incur loss. What you are talking about is investing using the DCA strategy, not saving because bitcoin is unpredictable, it can continue to increase but can also plummet at any time. The future is unpredictable, let's not be too subjective that bitcoin will only increase over time without any risks.

Business is also a job, and I think investing and business have many similarities, so investing is also a job, which is more appropriate than considering investing as saving.

You mentioned some of the sensible things to do when investing in Bitcoin. I agree with you on this. Since the economic power and life of every investor is not the same, it can be difficult to realize what you say. Everyone wants to wait for the target price to come after investing, but sometimes we may have to cash out our investments. In both cases, it is the Bitcoin investor who continues his investment and has to cancel his investment due to a compulsory situation.

I can say that the difference between gamblers and real Bitcoin investors is that they do not treat Bitcoin as if they were gambling and do not think about making big profits in the short term.

Gamblers didn't trust the assets, while investors trust what they pick.

It's why gamblers like to buy and sell the assets in short time, then convert it to fiat.

Investors aren't working hard, they already know the assets they want to invest and they will sell in the future, unlike trading where they need to work and read the chart before make a decision. This is actually the reason why people choose become investors, because it doesn't make them to check and think about their wealth for short time interval.

I believe that's your own opinion on this because I feel the sense to believe that most people are of short term trading than holding up their assets for hold and that's because of the fact that most human beings today are off the nature of the inability to wait or persevere. Long term isn't all that easy like pie the way some persons put because it requires some level of discipline and patience knowing fully well that your whole load of assets is somewhere and you are of the inability to assess it till a specific speculated time.

There are opposite conditions and everyone must choose short -term or long -term pathways for investments made.
But if you want to see this as a more coordinated step then I am quite confident with the ability of people to Holding/hold for long -term investment as long as they have the nature of discipline and patience to be held.
The long term is not easy to run because we are required to focus on the accumulation of purchases and not thinking about how to generate profits in the short term even though the price of Bitcoin has increased.
Focus on this strategy sometimes disturbing people and they will be a little tempted to sell when Bitcoin increases, although it looks further holding back just to get big profits in the next ATH process.

I think in this case it will really depend on their financial condition and for some people who can have several sources of income of course they will be able to hold onto their assets, but it is different if we really need funds and the income we have is not enough for the things we need Therefore, it is possible that we will have to carry out short-term trades to be able to withdraw the assets that we have.

To be able to survive in the long term, it is not an easy thing for everyone to do, there may be temptations from price increases or other things that make us sell the assets we own, and what you say is true, a high level of discipline and patience is needed. we can survive in the long term in accordance with the targets we have set in the initial planning that we carried out.

There may be many differences between a Bitcoin investor and a gambler but I will point out one similarity between a Bitcoin investor and a gambler is that both gamblers and investors are in risky business. An investor can easily refrain from investing if he wants and can invest in the market as per his will but a gambler cannot easily refrain from gambling.

For me, investment is a side job because whatever we will do later also produces, must meet the main needs first, after everything is considered sufficient and safe, then enter other fields such as investing

Quite plausibly, Money comes not without reason, First sustenance from the divine, the passage of the results of the efforts that we have tried before where if there is an excess of funds we can put into the item.

Agree. For investment, also do not half and half mean that you must commit and continue so that the results of efforts in this field will have meaning and will not be in vain.

In the world of trading this is very common following the fact of its occurrence. In my view, there are advantages in trading, but the risk is also quite high like gambling. When to stop if there are no more funds and if there are more funds will repeat again like that always, moreover we never want to care / revoew and learn why always lose when trading.

Yes. The crypto market is famous for price fluctuations that can change instantly, if you are not really ready, you should not carelessly enter the market, it's better to install long-term investment techniques only. Another reason is that trading is not like we are selling in traditional markets that we can easily see, price control.

You are not supposed to make multiple posts in a row, it's against the rules of the forum:


So please avoid doing this:

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When you need to respond to multiple users at once, you can include all the quotes in a single post one after the other.

just like we trade, of course an investor already has a previous framework, he will buy in which area and sell in which area, and if he feels that the market is not according to his plan then what should he do. all these things were already in his mind before taking a step. whereas a gambler, without this provision in his mind only thinks about always winning, after the market does not match his expectations he still persists in holding on without any basis, until finally he panic sells, because of fear, that's when an investor actually prepares to buy.

saying that investing in bitcoin is a job is a mistake in thinking, because investing in bitcoin is quite risky and someone who wants to make this their job is a person who really wants to be involved in risk, and this cannot be said to be a job. and saying that it is the hardest job in the world is probably too much, because if you look at a neurosurgeon, nuclear expert, and many other difficult jobs, then investing in bitcoin is not that difficult. because as you said, the most important thing in bitcoin investment is how someone can be patient and wait for the right time to sell, and that's not too difficult if you have experience in this matter.

I still find it hard to believe that investing is a profession(at least for me) because what i do believe is investing is a part time or a passive income provider and not something that i must rely for my daily activities and expenses.


there is  no need for comparison unless you are joining some investment competition( that sometimes exchange is offering) so you may gather more bonus but yeah this is a place where you are dealing for your own future and nothing more.

If this is true with you, then it shows that you have not tried many other jobs, if that (job) is appropriate in this context because many will even argue to you that investment is not a job. Even if it is a job to some people, it is certainly not a job to many others, it all depends on how you do it and take/view/use it. Regardless, do not forget that there is Trading and Investment, if you can call investment the hardest job, what about trading that is way more harder than it? Needless to say, there are many other jobs out there that are more difficult and tasking than both trading and investment. Perhaps, you wanted to state that investment is risky. And indeed, that is best describing it.

There is no job/task without its issues, notwithstanding, without mincing words or causing controversies, the distinction between a true investor and a gambler is that the true investor fully understands what he is doing and does it according to the plan, but gamblers will always deviate from the plan, and this is particularly caused by emotions and some unforeseen factors, but are all psychological.

You are right, an investment shouldn't be considered a full-time source of income because an investment might not always earn you money constantly and you may just earn some profit over time. Many people don't understand the difference between trading and investments and they consider investments trading as well which isn't correct because in trading, you tend to buy and sell different assets at shorter intervals only to secure small amounts of profit whereas in an investment, a person would make an investment and then wait for a certain period to get a specific amount of profit they have in mind.

People also underestimate the risks involved in trading when compared to investments because trading has more risks when compared to investments, they believe they can do trading as efficiently as they are making investment which isn't true because one needs more knowledge and experience to become a trader.

Okay, there are two things I want to address in your statement. First, is bitcoin easy? Not that difficult? It seems like you have not tried doing any bitcoin stuff, like trading, buying bitcoin, holding it, and many more ways to earn. If you said that you know bitcoin, then why would you say that it is not that difficult despitethe fact that you said that bitcoin is risky? That's why you are not considering it as a job; your statement there contradicts that. If there's a risk in something, then expect that it is not simple and it is not easy to do. Take note of that. Even experts with a lot of experience can still make mistakes and lose money through bitcoin or any crypto currency. Its not just buy, wait, and sell; you need analysis to decide when to buy in the bitcoin market. How long can you wait or will you wait, and when is the right time to sell to maximise the profit? Don't make it sound so easy.
 
The second thing I want to address is that bitcoin really cannot be considered a job because it is an investment. "Investment" anyone who will think of bitcoin as a job, then it is not quite right. As you've said, bitcoin is risky, so it cannot be considered a job. It is more like an investment and can be a side hustle for anyone who wants to earn extra but is ready to take on the risks that come with it.

It's not even the waiting that's important but recognizing the true value of what you invest in. When you own something you know is cheap now you feel confident and can wait for a long time.

When you have a piece of land or a house that someone offers you x but you know it's worth 5x you're not going to sell and you won't be bothered by low offers. It's the same with bitcoin. Know the value and you will go far with that knowledge.

Yes. true. Thank you for confirming to me about the above, very much appreciated.


In the business, it must be but with careful calculations of course, If something that we have believed is going to develop and have good value growth and potential,if I personally will prepare it as soon as possible. Regarding the second paragraph, I also agree because it should not be arbitrary and hasty in making decisions, especially for BTC

Crypto trading can be a profession and a full-time job, it depends on what the trader wants, most of them takes it as a part-time job because of the risks involved, so it is not favorable for traders that have small trading funds. If a crypto trader has enough funds for trading, then it is not a problem,, so that when they encounter loses in trades, they will not go bankrupt and quit.

As for Bitcoin, investment, I don't think that it can be a considered a profession, it is where money made from a profession can be invested to yield profit, it is basically buy and hodl, then wait as long as it takes before selling to be able to make substernal profits on investment.

This is fully true, there isn't really anything that could make you grow that differently, it is not going to be anything that will change it all that much and you need to just realize that you are going to invest as a side thing and not as a job. If anyone does it like a job then they are not going to gain anything from it at all, they are going to end up with a lot of trouble.

I personally believe that the best thing to do would be just focusing on how to get better, which won't be all that easy. This is of course not that simple, we can't always do anything that would be all that simple, we just need to realize that we can make it grow differently, and that's why we need to just have an income and also a bit of savings.

That’s the essence of investing, you can’t be certain with its future, yet your faith is deep so you manage to wait for long term until its best value is finally seen. Just like bitcoin, despite of its unpredictable value at the moment that it may drop or pump later on, but still you decide to hold it longer not only because you have faith in it but also because you know for sure that your coins won’t settle for a less value in the end and won’t disappoint you from having high hopes and expectations.

I think we all should try to remind ourselves of our goals in order to prevent ourselves from getting side-tracked. It might be hard to control and discipline ourselves especially when money is involved but I believe being able to keep focus and be oriented can help us.

Very good post and I could not agree more with it, people are too used to do something to solve their problems, not realizing that when it comes to investing doing absolutely nothing not only could be the best move you have available, sometimes it is the only one that does not make you to lose any money.

However many traders are unable to let go of those tendencies, causing them to overtrade and lose way more money than if they just decided to do nothing and hold their coins.

Of course you are right, in terms of Bitcoin investment most people have there motive of coming in and like you mentioned some people come in base on the fear that the price might increases in such a way that they will no longer be able to accumulate the way they will do when the price is still affordable, while some persons rushed into Bitcoin investment do to the fact that since there friends has gotten a huge amount of Bitcoin they will also invest aggressively so that they can meet up with the number of year they have missed without knowing that they are actually gambling with there investment, one thing about gambling with investment is that no matter how long you initially intend to hold your investment the moment you ran out of funds you are likely to panic and sell most of your investment and sometimes you could sell in lose.

And what you say is not necessarily completely correct, I can say that it depends on the person. As I see on our forum, holders are the majority while traders are the minority. Most of the people here are aware of the risks in trading, they are holders and that is why if you are involved in a discussion on the topic of choosing between trading or investing. You will see people always giving advice to only hold for the long term, and limit or stay away from trading.

I agree that long term holding is not as easy as many people are saying but it is clearly easier to profit from it than trading. Making money has never been easier from outside work or in the financial markets.

Bitcoin real investor are not bordered with the ups and downs in the market because they have faith in their investment since they are focus and have a target , real investor are sure that their money which they invest will always yield profit,  they are always steady in the market he his proud of the future. The real bitcoin investor,invest for long term without minding the huddles .
A gambler in Bitcoin is always looking for a means to sell whenever the price of Bitcoin goes slightly up ,he does not what to invest for too long,any little discomfort or drop in market price his out.
As an investor one needs to expect ups and downs in your business, for that is what will show how serious and ready you are to invest .

What you say is exactly right, even though both can make money, there are only a lot of differences. An investor doesn't look for profit at that time, he thinks about his future, how he waits a long time to get optimal results, so he does it by investing. Usually. Many gamblers or those who are addicted, of course find it hard to stop themselves, they will definitely continue to look for money and play again at the gambling table and look for luck in every round at the gambling table.

Yes, you are right, an investor doesn't just make a profit at that moment, but they have a plan in the long term to still be able to make a profit and they will be able to survive because they have good knowledge about the assets they are investing in. Gamblers certainly don't have a plan. in gambling and they only bet in the hope that they will be able to win from the games they play and it is not certain that they will be able to win the bets they place.

Real facts comparison of real investor on Bitcoin and gambler to me may not corrolate because this investor has different view and gambler also , look at the area of timing apart from luck which gamble is based on investor spend quality time of waiting to see the maturity of their investment for instance those with long term which gambler can't as the time frame is very short. the risk management it's very hard to control the risk in gambling compare that if Bitcoin investment the major risk in Bitcoin is a popular know risk know as volatile which always don't act as threat to mist investor but gambling one can't calculate as it's pure a luck situation, I don't see them as something to corrolate.

Well the context for me it's kind of dicey, looking at how you started it. However,the difference between gamblers and a real Bitcoin investor lie's in their motivation, strategies, and approach to risk.

Now gamblers are primarily motivated by the excitement of taking risk and  the potential for quick and substantial gain.their interest basically is always on short-term  outcomes.which I think is not a good idea for a real Bitcoin investor.the major focus of a gambula is often base on luck and their strategies is mostly base on random outcome and do not involve through research.

For me as a real Bitcoin investor, your expected to see Bitcoin as a store value  and equally engage more on research, analyze the market trends

Just  to add, the real Bitcoin investor the have a strathtegic approach to investing and often employ risk management technique's. So I think the different is more or less huge

Risk is for me the only thing they had similarities. Gamblers purely relies on luck while investors has working and profitable strategies with just a small percentage of luck to make gains and I don't see gambling as profitable as well based on my experiences. Good fortune in gambling is one in a million but with investment it's common especially to those highly skilled and professional investors.

Yes, a lot of people set out to do one thing, but get confused along the way and try to do something else and the result isn't always that great, so we end up with nothing at all. I believe that we need to make sure that we are dealing with it just fine, and shouldn't really be going any direction aside from what we started at the first place. Of course it is not always that easy, but we need to realize that it can be done, and we could do fine about it.

This won't be easy, because along the way there will be a lot of distractions that will try to sway us from what we set out to do, but if we can just ignore and block out all of those distractions then we can keep our situation going like we started and be a lot more successful eventually.

Its not about quick thrills or slot machine trading in Bitcoin. It takes patience and discipline to weather storms and stick to your long-term goals. In crypto, I've seen many people come and leave. Some get lucky, some get burnt, but the ones who succeed recognize that Bitcoin is an evolution in money and finance, not just a digital asset.

Real Bitcoin investors, those in it for the long haul, dont care about price volatility. They recognize that true wealth is produced over time via cautious planning and unshakable technical faith. If you're considering Bitcoin, understand that its not about getting rich fast. Being part of something that could alter the world is important. That, my friends, is worth more than short-term gain.

Investors who invest in Bitcoin to grow their wealth quickly will never achieve that success from Bitcoin. To invest in Bitcoin and profit from it, an investor must make a long-term plan to invest in Bitcoin. Bitcoin is not a quick money making machine. But those who can think far-reaching about Bitcoin can definitely get an opportunity to realize their dreams from Bitcoin.

Many of those who invested and held Bitcoin in the past did not make significant gains from Bitcoin but there are many who made a small investment but managed to make huge gains today by holding it. There are many who held on for a few days and many who profited by selling Bitcoin after it peaked. But there are still many investors who dream to realize bigger dreams.

Gambling is completely a matter of luck and at the same time, one common thing that can be noticed among those who gamble is that they want to win big very quickly. They have little patience due to which they quickly panic. And real Bitcoin investors always prefer long-term holdings. And they patiently hold bitcoins for a long time. There are many differences between gambling and real bitcoin bitcoin investors. one is bad addiction, the other is to build wealth.  One leads to financial loss and the other leads to financial improvement.

This completely says that people will choose whether to trade or invest depending on their interests and views. And we know that more people are into investing (holding their funds) rather than taking more risk through trading. This will point out how people consider their risk appetite and believe what they think is right. Some people got into trading thinking that this could make them rich instantly but unfortunately, they were wrong because it won't work for everyone especially if we don't have the characteristic of being a trader. It also applies to investing but at least, it is a little easier for us to correct without losing a lot than trading.

I think that's a good point that there is a big difference of knowledge between them as you all know that in crypto we need to learn many steps and techniques to study the behaviour of different project and their graphs and to analyse our investments.

While in gambling you just blindly trust your fortune and you play a bet on something. In gambling you don't know what the output will be but in trading if you're skillfull enough you'll be close to the output.

I think participating in crypto related activities can turn into gambling when you don’t have enough knowledge. I think that’s just the line that separates the two. If you don’t study the risks enough and you just jump on the situation without proper understanding then you are just hoping for some luck there.

Yes and in other words I would say those who have a plan and are willing to wait for an extended period of time for gain are Bitcoin investors as they know they will get profit and have a clear plan when they want to cash out while gamblers look for quick profit and mostly short terms dn I would say Bitcoin is not for gamblers rather memecoins or shit coins would be perfect for gamblers as they don't have strategy but pure gamble.

Yes that it is since they provably rely only on luck to earn especially if they seek for immediate profit with it. But if they seek for more learnings and think about long term with bitcoin then this became an investment which is more ideal for people to think about since they can lessen the risk compare if they rely on something unsure to them.

This is why people which is interested about bitcoin should do a research and they don't skip any important matter that they need go thru since if they can able to asses the risk and know how to handle the market stress brought fuds and any other factor then provably they might change their perspective that bitcoin is risky asset to accumulate or decide to hold for long time. Hoping for luck is bad thinking about it but rather constant acquiring knowledge can help them get more higher chance to gain from bitcoin and that what makes you a real investor not a gambler.

The line between gambling and investing is really thin, not only with cryptocurrency but with any investment if we don't have knowledge about it but invest blindly and wait for lucky no different from gambling. That's why I don't like to give investment advice to anyone and instead if someone asks me about bitcoin, I usually just give them the basics of bitcoin and I want them to do their research everything before discussing investment with them.

There are many people who give investment advice and rush to force others to invest in bitcoin while those people are even very vague about bitcoin. That makes me feel like we're just teaching them to gamble and not actually invest.

Bitcoin is a very risky investment, so don't rush to invest if you still don't understand it, and it's never too late to invest in bitcoin, don't think there won't be enough bitcoin for us so don't invest without knowledge. Knowledge is something that needs to be prioritized above all else when we talk about investing.

Bitcoin is a passive income where you buy and hold for a long term and is good to have another source of income where your daily breads come from. Because, base on Bitcoin investment as a person depending on Bitcoin as a means of surviving keep making the person leaving under pressure of gambling and it see as game of win or lose as simple call a daily traders are passing through.

Apart from holding for the long term, people can also make profits in the short term as daily traders do. But if you want to get maximum benefits, long-term steps are recommended to be implemented.
Don't think that investing depends on luck because that will make things more complicated and behind investing by relying on luck are ordinary people who don't understand the process of the investment journey they are undertaking.

Taking action must be based on the ability to complete and investments must be made based on knowledge, not expected luck like betting in gambling.
The pattern remains different because gambling is considered gambling and investment requires knowledge to carry it out.

For me, trading or long-term investing are both ways for us to profit from this market and the choice depends on each person's preferences. Each method has its own advantages and disadvantages, nothing is perfect. 

As I said, I see on our forums that the majority of people prefer to hold long term rather than trade but that doesn't mean the rest of the market also prefers to hold. Because if we check the daily trading volume of the market as well as every time the market fluctuates, the amount of money liquidated is huge. That shows that many people are also choosing to day trade. Holding or trading, it doesn't matter which one we choose, as long as we make profit then it is the best choice.

I'm not currently an active gambler, but I do play for some fun. So from this condition I understand that gambling patterns tend to do a lot of confident guessing and rely on luck. So it's very different from investing. People who invest tend to think through the management of technical and fundamental analysis.  They will analyze based on future forecasts and technical history that has similar patterns. This condition does not exist in people who gamble.

Gamblers are those who stake in casinos, risk money were some play for fun or for money. Bitcoin investors are those who invest in Bitcoin for the purpose of making money off it through a solid portfolio with a long term view. If I get your point OP, you using the word "Real" and "Gambling", I guess you were asking about those who gamble Bitcoin price; I see such people as those that seek short term profit without any plan.

What I am talking about is day trading and long term holding, I am not referring to gambling at all. I'm even confused when so many people compare gambling and investing, they are two completely different fields. Like my younger brother, he absolutely hates gambling, he has never gambled online or offline but he is a pretty good forex and cryptocurrency investor.

Comparing bitcoin investment with gambling is like we are undervaluing bitcoin because investing in it will bring great benefits to us, unlike gambling. Furthermore, why don't we compare gambling with investments and stocks, gold and real estate? Why are there hundreds of threads comparing gambling and investing in bitcoin? I really disagree with this and I think these people look down on investing in bitcoin.

You're right gambling is never to be compared with bitcoin investment gambling itself is just something you can win if luck is on your side, because in gambling you can't really predict what the outcome will be but for bitcoin investment if you can be able to hodl for long term investment is rest assured that you're going to get profited from bitcoin investment. however this can only happen when you have the knowledge about how bitcoin investment works, but for gambling there's nothing like knowledge gambling is just all about luck, so we shouldn't be comparing gamble and bitcoin investment because the difference is very clear.

I think there is definitely a difference between a gambler and a bitcoin investor and the difference is big. A good bitcoin investor is constantly raking in the money whereas a gambler is wasting his money by gambling if he is too excited to make money. When a gambler invests money on the casino board, if luck does not favor him, he will lose the money completely. On the other hand, if a Bitcoin investor invests and monitors the market, if he sees that the market is going down, he can withdraw and hold the money according to his decision. I will always be on the investor's side, I will never condone gambling. You have to indulge in things where you can expect to get something.

There is definitely a difference between a Bitcoin investor and a gambler. A gambler can lose all his money anytime he gambles but a bitcoin investor never loses his whole money. Because we all know that Bitcoin is volatile, even if the price of Bitcoin goes down, it rises again quickly which we constantly see in the cryptocurrency market.

The similarity you find between Bitcoin investors and gamblers is that both involve risk. Yes, that's right. But I think gambling involves more risk than investing in Bitcoin. Have you ever seen someone who lost their entire money investing in Bitcoin, but there are many cases where they lost their entire money due to gambling addiction and even sold their house. Investing in Bitcoin for a long period of time can expect profit from it but can never expect profit from gambling as it depends entirely on luck.

But why do many people still lose money when investing in bitcoin and even lose it all? When you take profit or someone takes profit, it means someone will buy your high priced bitcoin, and when you win, someone must lose. That's how financial markets work and investing in bitcoin is no exception , so I won't agree with you that no one will lose money investing in bitcoin. Whether or not investing in bitcoin is profitable depends on the mindset of each investor, not bitcoin. In my opinion, the line between gambling and investing is knowledge, if you invest without knowledge then you are just gambling.




Basically, risk always exists around us because no one can predict what will happen to us, not only in investing and gambling are there risks. And to be able to control or avoid risk requires knowledge, knowledge is still the line that makes the difference between investing and gambling, IMO.

Of course, the differences are very clear, I think usually an investor knows how he uses his wealth to continue to produce coffers, his profits are a process that is not short and requires a very long time to get optimal results. If we see the market is going down, it would be better if we don't withdraw it, this will cause you to experience losses in your investment. Gambling cannot be expected to get constant profits, on the contrary, if we continue playing, the potential for losing everything is very large.

What you say is very true, investors will of course be able to use the wealth they have on things that can generate profits for them and they will always analyze first before deciding on something because they don't want the money they have to be wasted on things that are not. can be profitable for them and after they analyze it, they choose whether to continue or not.

In gambling, of course, they only hope for luck from the bets they place and we cannot really analyze this well and in gambling, most people experience losses compared to the wins they get, as you said, it is true that it is very difficult to get a good win. continuous from gambling.

Although luck is also involved big time in the activities of Bitcoin investors, still analysis makes sense there. While applying analysis to purely luck-based games is insanity, and it may lead to huge losses. I really admire Bitcoin investors who can invest in the right time and get good profits, but I myself is not one of them. To me, investing in Bitcoin is almost like gambling. I never know when the right time is.

Personally, I feel you are absolutely wrong. If you're referring to Altcoins you can say it has to do with luck because one is wagering from one coin to another hoping it will be successful or will yield profit but in Bitcoin you cannot say it is luck, I can give you reasons why you shouldn't put and/or classify Bitcoin investment as luck;

1. Bitcoin has performed for over 15 years plus and it has not failed or dropped upto 98% unlike the shitcoins you know.

2. Bitcoin is not a pump and dump scheme as you may think if it!

3. In Bitcoin you invest with awareness that even if Bitcoin drops it will still perform well in the future.

4. In Bitcoin you take calculated risk, long term investment is the goal not short term.

So basically you can see that Bitcoin is not a lucky game. You can also give me reason why you think it's about luck.

I agree with your reasons and I never said that investing in Bitcoin is totally about luck. I said for me it's almost like gambling. And that is so because lacking the proper knowledge I never know when it is the right time to invest. I said I admire those people who know. It is a fact that there are a lot of people who can apply proper analysis and make good profits from their investment in Bitcoin, but I'm unfortunately not one of them.

I think op meant to say is that investing in the right time might be the one that involves a little bit of luck. Of course as an investor or a trader, you should have already studied and analyzes to the best of your capabilities but maybe there is a little luck involved because at the end of the day, no matter how much you study the market everything is just an assumption and the movement of the market is all unexpected. Of course this doesn't remove the fact that when buying/selling, 90% of the decision came from market analyzation.

Being full time gambler and an investor and to be specific being a Bitcoin investor are totally different. But let's take it with their similarities and first it's with taking risk. The advantage of being an investor is you do other things that you prioritize like going to work and then just leave your Bitcoin investment on your wallet without anything to do. And as you work, it's also working for itself because it is highly volatile. Whilst for the gamblers, you're going to be pressured by yourself because you have to win with your bets regardless of games you play.

Personally, I don't even think that even with the level of volatility of bitcoin that is has to do with luck when trying to time the market. One thing you must remember is that bitcoin has partners, it have lasted over 15 to 16 years, so from the past history one can find the right time to invest using historical patterns. So this issue of luck is not for bitcoin.

To be able to know the right time to invest, we must first understand the investment well so that we can analyze it first before investing and if we only rely on luck then this is no different from gambling, of course there is a very big possibility that we will lose. the capital that we invest, but with a little analysis that we do in investing, this will give us the potential to make a profit and it is true, as you said, that it takes a little luck in a market that we cannot predict well.