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Question: Do you trade as well or just gamble?  (Voting closed: July 25, 2016, 03:11:52 AM)
Gamble Only - 3 (8.8%)
Trade Only - 7 (20.6%)
Both - 15 (44.1%)
Gamble More - 2 (5.9%)
Trade More - 7 (20.6%)
Total Voters: 34

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Author Topic: Trading vs Gambling  (Read 24519 times)
chris200x9
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October 24, 2017, 02:27:07 AM
 #1341

We have to get back anything we lost in gambling means we must invest some more money and win our bet or else it is not possible.
When you lose money in trading i am pretty sure you need to invest more money if you want to return money.


As long as we don't sell our coins and keep holding it, there's still a possibility for us to get profit. What we have to do is just to be patient. To make another investments aren't necessary in such cases. The bad habit that some people have is, they got panicked when the price move against them.

If you know that the coin you invested got a good future then you no need to worry about for short-term price fluctuation. But if you got some extra funds then you can take this opportunity to buy some more to average down your buy price. If you have invested money without the coin knowledge then you may be a panic when prices go down and sell it at losses so don't invest money without understanding the product.
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October 24, 2017, 03:32:37 AM
 #1342

We have to get back anything we lost in gambling means we must invest some more money and win our bet or else it is not possible.
When you lose money in trading i am pretty sure you need to invest more money if you want to return money.


As long as we don't sell our coins and keep holding it, there's still a possibility for us to get profit. What we have to do is just to be patient. To make another investments aren't necessary in such cases. The bad habit that some people have is, they got panicked when the price move against them.

If you know that the coin you invested got a good future then you no need to worry about for short-term price fluctuation. But if you got some extra funds then you can take this opportunity to buy some more to average down your buy price. If you have invested money without the coin knowledge then you may be a panic when prices go down and sell it at losses so don't invest money without understanding the product.

When you have a good capital and see that there is a downward trend of a certain altcoin, you can divide you entire capital or bankroll into 10 and buy the said decreasing price altcoin in staggering price. Example you can first buy at 0.000020 and if it goes further down to 0.0000015 buy another one and until you are down to your 10th division of your bankroll. Once the price rises, you can reap good profits Smiley
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October 24, 2017, 07:06:45 AM
 #1343

We have to get back anything we lost in gambling means we must invest some more money and win our bet or else it is not possible.
When you lose money in trading i am pretty sure you need to invest more money if you want to return money.


As long as we don't sell our coins and keep holding it, there's still a possibility for us to get profit. What we have to do is just to be patient. To make another investments aren't necessary in such cases. The bad habit that some people have is, they got panicked when the price move against them.

If you know that the coin you invested got a good future then you no need to worry about for short-term price fluctuation. But if you got some extra funds then you can take this opportunity to buy some more to average down your buy price. If you have invested money without the coin knowledge then you may be a panic when prices go down and sell it at losses so don't invest money without understanding the product.
That's the mistake most newbie investors make, They don't know about the crypto world and just because they heard someone has made money on something they are flock towards it and when it starts to go down they panic and sell.

 
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chris200x9
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October 25, 2017, 01:28:23 AM
 #1344

We have to get back anything we lost in gambling means we must invest some more money and win our bet or else it is not possible.
When you lose money in trading i am pretty sure you need to invest more money if you want to return money.


As long as we don't sell our coins and keep holding it, there's still a possibility for us to get profit. What we have to do is just to be patient. To make another investments aren't necessary in such cases. The bad habit that some people have is, they got panicked when the price move against them.

If you know that the coin you invested got a good future then you no need to worry about for short-term price fluctuation. But if you got some extra funds then you can take this opportunity to buy some more to average down your buy price. If you have invested money without the coin knowledge then you may be a panic when prices go down and sell it at losses so don't invest money without understanding the product.
That's the mistake most newbie investors make, They don't know about the crypto world and just because they heard someone has made money on something they are flock towards it and when it starts to go down they panic and sell.

People can do one or two times this mistake, but they should learn slowly how this crypto market works then only they can make some money from these coins trading. If they always do this panic selling, then they never can make a profit from crypto trading. If one can learn the basics of crypto trading, then it is good place to make some decent profits.
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October 25, 2017, 06:09:03 AM
 #1345

The major advantage in trading is here we will not get 100% loss, at least we will have a chance to sell our coins at a low price that means something will get at the end of the day.
And you don't see that as a lost?  Shocked
But this is not possible in gambling.
How is that? Deposit 1 BTC into gambling site, gamble for a while, lose 0.25btc and withdraw 0.75btc - there you go, you got something at the end of the day. Isn't that what you are trying to say for trading?
We have to get back anything we lost in gambling means we must invest some more money and win our bet or else it is not possible.
When you lose money in trading i am pretty sure you need to invest more money if you want to return money.

That comes at your end. You can’t deny the fact that when you are trading you have to adjust yourself according to your spirit and strategy. When this strategy is coping up with your goal, everything is just making their way to the right path. And within this scenario, you get encounter with loss and then next time you intend to make more investments to take back that loss.
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October 25, 2017, 06:32:15 AM
 #1346

If in trade everything depends only on yourself, then in gambling, only luck. Ie it turns out that in gambling, you are almost always a loser, despite the amount, in trade it's the other way round and it pleases.

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mirakal
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October 25, 2017, 07:16:29 AM
 #1347

If in trade everything depends only on yourself, then in gambling, only luck. Ie it turns out that in gambling, you are almost always a loser, despite the amount, in trade it's the other way round and it pleases.
Gambling is not only based on luck because if you will think like that you will never win in the long run.
You are like putting your money in a lottery if you based on luck alone and I still believe that the reason why we gamble is to have fun and make money at the same time and it's not easy to do it in short term so we need to develop our skills in order to be consistent and maybe profitable in the long run.

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October 25, 2017, 08:10:28 AM
 #1348

Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  Tongue
Well you were right I consider trading as a gambling because just like gambling trading is risky yet undpredictable so you ought to gamble if you are going to trade the coin now or not. You could also loss a money in trading like gambling if you are not wise. Furthermore, you also need a little bit of luck in doing trading.
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October 25, 2017, 11:33:03 AM
 #1349

Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  Tongue
Well you were right I consider trading as a gambling because just like gambling trading is risky yet undpredictable so you ought to gamble if you are going to trade the coin now or not. You could also loss a money in trading like gambling if you are not wise. Furthermore, you also need a little bit of luck in doing trading.

It is very risky but at the same time there is nothing that has no risk at all. That is why it is better to choose the one with smaller risk and that is trading but choose gambling if we want to have fun. So that depends on the person as well. If we want to have fun and profit at the same time it is not possible because we need to focus on either one
bitcoinmasterlord
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October 25, 2017, 02:13:07 PM
 #1350

Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  Tongue
Well you were right I consider trading as a gambling because just like gambling trading is risky yet undpredictable so you ought to gamble if you are going to trade the coin now or not. You could also loss a money in trading like gambling if you are not wise. Furthermore, you also need a little bit of luck in doing trading.

It is very risky but at the same time there is nothing that has no risk at all. That is why it is better to choose the one with smaller risk and that is trading but choose gambling if we want to have fun. So that depends on the person as well. If we want to have fun and profit at the same time, it is not possible because we need to focus on either one

Yes in gambling that is the advantage simultaneously we will get both fun and money, if we do not make money at least, we can get fun while playing games. But in trading we can expect only money here we will not get any fun because this is a business, not a game. And the risk is also less to compare gambling.
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October 25, 2017, 03:08:03 PM
 #1351

Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  Tongue
Well you were right I consider trading as a gambling because just like gambling trading is risky yet undpredictable so you ought to gamble if you are going to trade the coin now or not. You could also loss a money in trading like gambling if you are not wise. Furthermore, you also need a little bit of luck in doing trading.

It is very risky but at the same time there is nothing that has no risk at all. That is why it is better to choose the one with smaller risk and that is trading but choose gambling if we want to have fun. So that depends on the person as well. If we want to have fun and profit at the same time, it is not possible because we need to focus on either one

Yes in gambling that is the advantage simultaneously we will get both fun and money, if we do not make money at least, we can get fun while playing games. But in trading we can expect only money here we will not get any fun because this is a business, not a game. And the risk is also less to compare gambling.
I disagree, you can also have fun in trading if you have made a profit, you will feel the fun. You won't if lose of course. The same in gambling, you can't have if you lose. You will only have fun in both gambling and trading if you made a profit. How come it is fun in gambling if you lose, of course not, instead you're mad.
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October 25, 2017, 03:30:27 PM
 #1352

I used to gamble only last few years, but recently got into trading, can't say which one is better but both are serious addiction.

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October 25, 2017, 05:37:01 PM
 #1353

The major advantage in trading is here we will not get 100% loss, at least we will have a chance to sell our coins at a low price that means something will get at the end of the day.
And you don't see that as a lost?  Shocked
But this is not possible in gambling.
How is that? Deposit 1 BTC into gambling site, gamble for a while, lose 0.25btc and withdraw 0.75btc - there you go, you got something at the end of the day. Isn't that what you are trying to say for trading?
We have to get back anything we lost in gambling means we must invest some more money and win our bet or else it is not possible.
When you lose money in trading i am pretty sure you need to invest more money if you want to return money.

Take your example only, the same 1 BTC you can invest in any reputed coin. Suppose the price drops, if you wait for some days, surely the price will increase, and you can make a profit. This is what now happens in crypto trading.

Now tell me is this possible in Gambling? Is there any possibilities to gain back our lost 0.25 BTC in gambling? If we have the luck we can, but did anyone give assurance?

And in trading, we no need to invest extra money to gain back our investment. We just wait for some time means we can get back our investment.
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October 25, 2017, 07:27:33 PM
 #1354

The major advantage in trading is here we will not get 100% loss, at least we will have a chance to sell our coins at a low price that means something will get at the end of the day.
And you don't see that as a lost?  Shocked
But this is not possible in gambling.
How is that? Deposit 1 BTC into gambling site, gamble for a while, lose 0.25btc and withdraw 0.75btc - there you go, you got something at the end of the day. Isn't that what you are trying to say for trading?
We have to get back anything we lost in gambling means we must invest some more money and win our bet or else it is not possible.
When you lose money in trading i am pretty sure you need to invest more money if you want to return money.

Take your example only, the same 1 BTC you can invest in any reputed coin. Suppose the price drops, if you wait for some days, surely the price will increase, and you can make a profit. This is what now happens in crypto trading.

Now tell me is this possible in Gambling? Is there any possibilities to gain back our lost 0.25 BTC in gambling? If we have the luck we can, but did anyone give assurance?

And in trading, we no need to invest extra money to gain back our investment. We just wait for some time means we can get back our investment.

When you trade there is always something left because when you gamble you can keep going until you lose everything. With trading this isn't the issue.
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October 25, 2017, 08:57:57 PM
 #1355

The major advantage in trading is here we will not get 100% loss, at least we will have a chance to sell our coins at a low price that means something will get at the end of the day.
And you don't see that as a lost?  Shocked
But this is not possible in gambling.
How is that? Deposit 1 BTC into gambling site, gamble for a while, lose 0.25btc and withdraw 0.75btc - there you go, you got something at the end of the day. Isn't that what you are trying to say for trading?
We have to get back anything we lost in gambling means we must invest some more money and win our bet or else it is not possible.
When you lose money in trading i am pretty sure you need to invest more money if you want to return money.

Take your example only, the same 1 BTC you can invest in any reputed coin. Suppose the price drops, if you wait for some days, surely the price will increase, and you can make a profit. This is what now happens in crypto trading.

Now tell me is this possible in Gambling? Is there any possibilities to gain back our lost 0.25 BTC in gambling? If we have the luck we can, but did anyone give assurance?

And in trading, we no need to invest extra money to gain back our investment. We just wait for some time means we can get back our investment.

When you trade there is always something left because when you gamble you can keep going until you lose everything. With trading this isn't the issue.

I agree that in trading bigger possibility of profit will come and you won't be able to miss the good chances of gaining good income because you won't have to deal with losing immediately. You are given time to think analyze all the time, unlike gambling you are tempted to bet even if your not certain most of the time, that's why you lose.
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October 26, 2017, 12:46:44 AM
 #1356

I used to gamble only last few years, but recently got into trading, can't say which one is better but both are serious addiction.

I have done the same mate, I now trade more then I gamble and right now I can't really say which is better as both have risks involved. I think both have there pros and cons but overall I think they are both the same. I have since become more of a long term holder when trading and have done well so far.

I can promote your project on X to my 100k+ followers for a reasonable price. Just DM me for prices.
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October 26, 2017, 08:59:23 AM
 #1357

If in trade everything depends only on yourself, then in gambling, only luck. Ie it turns out that in gambling, you are almost always a loser, despite the amount, in trade it's the other way round and it pleases.
Gambling is not only based on luck because if you will think like that you will never win in the long run.
You are like putting your money in a lottery if you based on luck alone and I still believe that the reason why we gamble is to have fun and make money at the same time and it's not easy to do it in short term so we need to develop our skills in order to be consistent and maybe profitable in the long run.
It is the most important case in gambling that you are nothing if that is not your lucky day. Things will be turned wrong, your decision will be useless, all your skills and analysis are just wasted. That is why it is often said gambling is not good way of earning money.

If you are wise, and woke up already, why to indulge yourself in such waste game that eats up you financially.
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October 26, 2017, 12:20:37 PM
 #1358

I used to gamble only last few years, but recently got into trading, can't say which one is better but both are serious addiction.

I have done the same mate, I now trade more then I gamble and right now I can't really say which is better as both have risks involved. I think both have there pros and cons but overall I think they are both the same. I have since become more of a long term holder when trading and have done well so far.

It would be better if you are going to quit gambling and just focus on Trading, because if you are going to gamble from the money that you are making in Trading then it will just go to waste. Earning is more better than we are losing, I know that anyone could earn big on Trading if he have the knowledge on it, but don't you think that it is going to worth it more if you are just going to save your money than to gamble.
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October 26, 2017, 12:32:08 PM
 #1359

If in trade everything depends only on yourself, then in gambling, only luck. Ie it turns out that in gambling, you are almost always a loser, despite the amount, in trade it's the other way round and it pleases.
actually both trading and gambling needs a luck , it was just that gambling on casino most of the time was just based in pure luck while in trading in addition to luck there is self discipline and other strong charcters so that you could become a good trader .
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October 26, 2017, 03:27:13 PM
 #1360

If in trade everything depends only on yourself, then in gambling, only luck. Ie it turns out that in gambling, you are almost always a loser, despite the amount, in trade it's the other way round and it pleases.
Gambling is not only based on luck because if you will think like that you will never win in the long run.
You are like putting your money in a lottery if you based on luck alone and I still believe that the reason why we gamble is to have fun and make money at the same time and it's not easy to do it in short term so we need to develop our skills in order to be consistent and maybe profitable in the long run.
It is the most important case in gambling that you are nothing if that is not your lucky day. Things will be turned wrong, your decision will be useless, all your skills and analysis are just wasted. That is why it is often said gambling is not good way of earning money.

If you are wise, and woke up already, why to indulge yourself in such waste game that eats up you financially.

Those people who considered gambling as a living is hopeless, it is like it is okay for them to risk their money on it even though they know that they are just going to lose it over and over again, I don't know what keeps them going, but all I know is it is not even worth it. Gambling could help you if you are going to be lucky most of the time, but if you are not, then better leave it.

Rather than keeping things together here in gambling, quitting it is the best idea that you could ever do in your entire life, Trading is more better than gambling, more than what you could ever imagine.
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