The difference between gamblers and real Bitcoin investors?

[tottong]

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.

[Marvell1]

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.

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.

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.

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.

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.

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.

[Luzin]

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. 

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.

[Bravut]

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.

[Marvell1]

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. 

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.

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.

[Kristiyana]

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. 

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.

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.

[Essential10]

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.

[cryptoWODL]

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.

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.

[fuguebtc]

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.

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.

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.

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.

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.

[Gaza13]

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.

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.

[boty]

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.

[Betwrong]

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Investors make decisions based on analysis, not on luck. 
~

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.

[Blitz23]

The differences between a gambler and a Bitcoin investor lie primarily in their approach, goals, and strategies. A gambler engages in activities like casino games or sports betting, driven by the desire for quick money, relying heavily on chance and luck with outcomes largely dependent on random events. Conversely, a Bitcoin investor approaches the market with strategic planning, informed by market analysis, research, and often a long-term perspective aimed at wealth accumulation. Risk management is a critical distinction; gamblers take high risks without much mitigation, often facing substantial losses, while Bitcoin investors employ techniques like diversification and stop-loss orders to minimize potential losses.

[NurseHub]

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Investors make decisions based on analysis, not on luck.
~

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.