Yes, they are both going to make the person in question end up getting screwed anyway and get them totally ruined like you have said. I feel people tend towards addiction when they over do things and they make their life depend on it, and that is usually the start of their problem generally. Lack of control of oneself is actually where the whole issue starts as such a person eventually gets overwhelmed in their crazy activities.

Terribly hard as you are just going to end up getting yourself badly screwed at the end being an addict. It is always a long process filled with a huge determination to quit and trying to fight between staying sane and staying insane at the end of the day. I have seen addicts in every form and there is no way anyone will ever want to be in such shoes, which is why the earlier someone controls themselves the better so as not to even get so close into that world of an addict.

That revenue part though is something that I feel tend towards the side of the gambling platform or casino owners as they are usually the ones making the huge revenue in the first place. For personal opinion for any gambler, I feel the entertainment and the possibility of winning part is actually one of the good things of it and if you can manage to control yourself the most and build a limit, you will be able to at least either achieve getting most of the entertainment part and if lucky, win yourself some huge money doing so.

Benefits from gambling may be unlimited but not all of them could be materialized. If we understand this fact then we can avoid disappointments and then frustrations. No one can refuse like there could be no benefits of gambling. We need to mature ourselves to find and enjoy nay outcome of gambling as its benefits.

They had the choice to select the path they want to take, but they ended up taking the path of addiction anyway. The problem is that they believed they can get so much from gambling and that reason alone is enough to get them facing the craziest level of consequence they would not have imagined. Gambling on its own has a lot of impulse that would want to draw you into making decisions without your brain and already fixing your brain to the wrong idea even makes the whole matter worse.

I remembered in my first few days of trading, I started with $100 just to get acquainted with the market. The truth is that despite the learning, it took a hard time to actually get used to the volatility of the market as almost everything is centered on bitcoin and it would take some experience to always put that into perspective most of the time.

If you make some mistakes, over time you will end up finding a strategy that may end up suiting you better and then build some confidence on that before even considering going big. If you want to trade perfect, I would even say you must find series of articles online and see how you can actually use the knowledge from those articles to increase your chances of a good trade at the end of it all.

It is not that easy to trade and it is easy as well, but the fact is that you have to learn a whole lot before hitting an exchange first and start by practicing what you have learned with few until you are sure you are better trading in any trend that you find yourself in the market.

One more aspect, I may like to add is that never be too in a haste to make money as a trader who is just beginning his or her journey.

It is always important to find a strategy even after you have learned so much and see how far that can take you and in most instances, it is always good to start very small, or to at least use platforms like bitmex demo that will give you some free bucks to play around with. Being in a haste to start making money from trading has made a lot of people to lose much as the end of the day.

HODL pays if you do not know how to trade, but if you can trade, you will actually be making more in the long run anyway. The essence of trading is to take advantage of the fluctuations and all in all, you are still going to be making a lot anyway at the end of the day whereas in holding, you are doing nothing but just holding through all the fluctuations in between irrespective of what happens in the market.

The best way is to learn how to even follow trend anyway as that helps the more to take advantage of any market even as a long term holder.

Yeah, it is a market and we all know for real that every market is bound to always fluctuate and being that this is a decentralized market, it even makes it highly susceptible to even more volatility at the end of the day. As long as we believe in the future and the potential the market brings though, investing now and looking forward to that future will really not be a problem.

Moreover, many people would never stop disturbing themselves with respect to the short term trend, instead of looking forward to the long term.

Nice one franky1. Unfortunately, since a lot of people always like to rush to make decisions and not do some research, they simply do end up making the wrong decisions or panicking over nothing. This is a wake up call for those who may actually be thinking that their investment is gone since they apparently thought bitcoin is just some get rich quick scheme. Only those who have that mentality always end up getting screwed by selling at loss out of panic and buying into FOMO. This figures year in year out alone, is enough for anyone to take a chill pill.

It is the market and I do not see any reason why any investor should not have known the level of volatility of the market even before investing at all. Anything is possible and at least for an investor who has been holding since last year, I pretty much believe that such investor is still in huge profit already. Also, the market is always bound to fluctuate and for any reason, if ethereum gets that low, it will just be an opportunity to buy more for most smart investors.

Yeah, at least with the way things are, and even for the fact that even if you are not going to be trusting your attorney or anyone around you to hold your private key, one can generate a paper wallet or get a cold storage to put the funds in a bank to store just the way people store gold in banks. In that way, anyone can make it accessible to their next of kin in the case where they are deceased or simply write a will to let them know there is something left for them as inheritance somehow. What a waste right now! $1 billion ?

Always a good thing and it is normal to even see them in the long run. It is getting obvious already that the smart moneys and the institutions are already showing some interest and will definitely be looking forward to get in at a very lovely value and for that reason, I am sure, the price would be driven up more than it is already.

The support though is growing daily, the sentiments is changing positively, we are getting to see more interests by the day, regulation may take the norm of the day, but really would not affect much, and all these things will bring more improvement in price and how new investors keep perceiving the market.

How many is what we cannot know and except for those who are doing that knows themselves. But, it is expected that by now, most of the early adopters of bitcoin must have seen a great opportunity to diversify, with how much they would have been able to get from holding all these while and we cannot expect them not do so, knowing how volatile the market can really be. Diversifying is normal and should be practiced so as not to fall a victim of one basket with huge egg kind of person.

It is actually every smart person's goal as you obviously would not want to leave your investment in just one spot and not try as much as possible to diversify so as to spread any risk that comes with uncertainty in the future. Sure, bitcoin di have a great future, but at least, your mind will be at rest if you use some of the proceeds to invest in other areas and still always have so much more to increase your position in bitcoin in the long run.

Any arbitrage that is not even having a pretty huge gap that is worth the risk should not even be done as it is not worth it. Arbitrage is a huge risk and you want to be sure you are doing this on exchanges you know you can at least trust that you won't be having problem with transaction at all and even if an issue ends up coming up, you can at least have a support to contact and rectify the issue. The opportunity with arbitrage can actually be a cool one, but best to trade with what you can afford to lose just like the OP said.

Yeah, the patience is actually all that matters because without it, holding is going to be a pretty tough one, most especially with all the crazy fluctuations in the market. For instance, there is no way you can be holding through and getting worried when the market is in a huge downtrend and then selling at loss, the essence is to wait for those profit as long as you can wait until you see it, and not be perturbed by the daily market fluctuations.

Definitely holding must be profitable, considering how some coins or tokens can end up increasing hugely in value in the long run but at the same time, I believe trading is far better than just holding through for the long term, most especially when the market you are holding is switching to a long term downtrend. Every market always has a trend and it is always important to try as much as possible to make use of those trends to make up some good positions for the long term while making the short term profits as well.

You actually do make some sense there though. Actually, strategy to sell should always be there as much as strategy to buy.

Some miss a potential profit because they do not know what to look out for before exiting a trade and some even end up still missing the same potential profit because they were too greedy to sell at the right point when the signal keep giving them the sign to get out, but they just still hold back anyway. In the main sense, strategy is all that counts and I do not see you letting your strategy play out to being greedy.

You cannot even win most of the time and it is always better to have that in mind before anyone will even start gambling. Mindset is dependent on each person's view about gambling and in as much as some already know gambling is just a game, some people just believe that they can end up making a lot of money from gambling and that makes them to keep pushing themselves the more even when they are losing, and the outcome is always terrible.

Why put it as stock trading when we can just say trading in general ? This is not gambling as you may have made it sound, but I would rather call it an educated gambling which you can be making a lot from as long as you are knowledgeable and experience and that is one thing you can never ever get to achieve from the real gambling world when everything is totally based on luck.

People forget a lot that the only time when you can attribute trading as gambling is when you simply have no strategy at all. Some entered the world of gambling for the wrong reasons and when they start losing a lot, they start trying to see if there is a little chance luck could shine on them to recover what they have lost and stop gambling and unfortunately for them, after so many years and months, they are still trying to recover till date and have turned themselves to a liability and nuisance to the society.

Those in their 30s are still a bit young not to at least still be able to adapt to the present digital age. I understand that the younger generations these days have totally turned digital with the traditional age being discarded. Nevertheless, I believe those who may not really be opportune that much, to have a feel would be those in their 50s and above as it would take them a lot to blend in with the digital age.

In fact, there is no target market as everyone all over the world is entitled to it. If we are referring to target market, then that means it is meant to some specific people who will benefit the most from whatever it is which in this case cryptocurrency.

Yes, those who are technologically vast and are used to the internet will always find easy than those who are not or those who do not even have access, so in a way, we may say anyone who loves the idea of decentralization and have access to the internet is a target market.

A complete take over is not even something anyone should be expecting as fiat one way or the other will still always have its own relevance. We have to understand that it is absolutely not everyone that is going to end up accepting the usage of digital currency for some reason or the other which may also be as a result of lack of infrastructures or certain facilities in some countries.

Nevertheless, there would be a strong growth in the long run than where we are now which I am very optimistic about.

It can actually go as low as it wants to go and basically, no one can actually tell how low, except time. I believe though that even if we are going to end up seeing a huge low, it should not be lower than $7000 and that would even be a pretty huge one to even expect at all. However, no guy here can tell you anything except for you to just accept whatever comes and look more at the long term because speculation will not solve anything except for you either missing out or making wrong and baseless decisions.

Bitcoin started showing some recovery and from this, we may have some hope to have better June month. As of now, I guess we do not need to worry on how much low bitcoin prices may go. But practically that would be a big search for many people here who are all looking to enter at possible lower price levels.