I would like to tell you again, about how I sold my bitcoins for 450...and bought them back at 420.
Still grinning ear to ear after predicting that crash last night.
There's still hope.
Calculated risk vs Gambling...The difference is with gambling you have a high probability of losing!
So yes most the leveraged amateur traders are gambling because they don't know how to calculate risk!
Of course its a totally different story for those that make a living calculating risk!
And those who make a living calculating risks, what makes them bet on trivial-to-manipulate, unregulated markets? Masochism?
I don't take pleasure in someone losing money...
someone wins and loses on every trade and it's my goal to be on the winning side most the time!
The whole unregulated markets thing is another debate...
>I don't take pleasure in someone losing money...
You're thinking sadism. Masochism is a different thing.
>someone wins and loses on every trade and it's my goal to be on the winning side most the time!
Someone wins and loses in every game of Three Card Monte. It ain't you, unless you're the guy with the cards.
>The whole unregulated markets thing is another debate...
Nah, lack of regulation means that exchanges (the ones who hold the cards) can do whatever they want. They don't even have to be good.
P.S.
All gamblers are
trying to 'make a living calculating risks.' Few of them do.
I don't derive any enjoyment from ppl losing money...and certainly not myself!
Your arguments are weak...
Who do you think controls the stock market ? Not the retail investors...they are just pawns in the game!
>I don't derive any enjoyment from ppl losing money...and certainly not myself!
I don't judge, bro.
>Your arguments are weak...
Weakest argument ever.
>Who do you think controls the stock market ? Not the retail investors...they are just pawns in the game!
It's a cat and mouse game between regulators and people finding ways to circumvent regulations. Been going on forever, both sides have great arsenals.
What you're seeing in BTC markets is, all of a sudden, the regulations are removed. And every scheme from the turn of the past century is suddenly new & fresh again, nothing to stop it.
That said, the retail [I'm guessing you mean 'small-time, Joe Average' investor is always at a disadvantage. That's why real markets have notions like 'accredited investor,' to save Joe Sixpack from his own ignorant greed, from having his ass handed to him.
This, BTW, is also the reason behind regulations against Three Card Monte games -- your Saurian Overlords don't want you to go broke 'calculating risks for a living,' & ending up on Welfare
Show Posts
?
