Bitcoin Forum
May 03, 2024, 11:02:48 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4] 5 6 7 8 »  All
  Print  
Author Topic: GAMBLING & TRADING  (Read 4917 times)
pixie85
Hero Member
*****
Offline Offline

Activity: 2142
Merit: 524


View Profile
April 28, 2017, 01:56:55 AM
 #61

I've seen a couple comments worth answering, so here it goes:

I consider trading as much more safer and better than gambling,
Because in gambling you will just have to depend on luck but in trading you have to use some skills like analyzing and more.

No, in gambling you also need skills and predictions. Have you ever heard of card counting? There are even tactics to use in card games that tell you when to bet and when to fold based on the value of cards on the table. An analysis of the market will not tell you when a whale will cash out or a government decide to impose a ban.


Sports betting is also similar to gambling. You can't really predict the outcome of a sports match (unless it is rigged). But if you are a fan of a particular sports team, then you can try.
You can to some extent. Sports betting is not only teams, but also things like boxing, MMA, tennis and many more. If you know that a fighter with 0 loses takes on a much weaker and inexperienced opponent the result isn't that hard to predict. Same as if a player had a contusion recently or is coming back after a long break he may not be in good form. I'd say the chances of choosing right in sports are the same as in trading.
1714734168
Hero Member
*
Offline Offline

Posts: 1714734168

View Profile Personal Message (Offline)

Ignore
1714734168
Reply with quote  #2

1714734168
Report to moderator
1714734168
Hero Member
*
Offline Offline

Posts: 1714734168

View Profile Personal Message (Offline)

Ignore
1714734168
Reply with quote  #2

1714734168
Report to moderator
1714734168
Hero Member
*
Offline Offline

Posts: 1714734168

View Profile Personal Message (Offline)

Ignore
1714734168
Reply with quote  #2

1714734168
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714734168
Hero Member
*
Offline Offline

Posts: 1714734168

View Profile Personal Message (Offline)

Ignore
1714734168
Reply with quote  #2

1714734168
Report to moderator
1714734168
Hero Member
*
Offline Offline

Posts: 1714734168

View Profile Personal Message (Offline)

Ignore
1714734168
Reply with quote  #2

1714734168
Report to moderator
BlockEye
Legendary
*
Offline Offline

Activity: 1148
Merit: 1097

Bounty Mngr & Article Writer https://goo.gl/p4Agsh


View Profile
April 28, 2017, 02:10:42 AM
 #62

I've seen a couple comments worth answering, so here it goes:

I consider trading as much more safer and better than gambling,
Because in gambling you will just have to depend on luck but in trading you have to use some skills like analyzing and more.

No, in gambling you also need skills and predictions. Have you ever heard of card counting? There are even tactics to use in card games that tell you when to bet and when to fold based on the value of cards on the table. An analysis of the market will not tell you when a whale will cash out or a government decide to impose a ban.
Application of prediction skills is just a case to case basis. You quoted a opinion which is describe gambling as based on luck only, So basically, He pointing out probably a dice game which is popular where prediction skills was not required because it is random.
And regarding about analysis on market. Just take note that whales are also using analysis on market so basically, Analysis on market can help when whales will cash out. Just saying.
Kemarit
Legendary
*
Offline Offline

Activity: 3080
Merit: 1352



View Profile
April 28, 2017, 02:11:31 AM
 #63

As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.
I consider trading as much more safer and better than gambling,
Because in gambling you will just have to depend on luck but in trading you have to use some skills like analyzing and more.

Trading is safer than gambling. But both have risk as well if you are not also careful in trading and you have greed in yourself then you will lose as well. Like if you already have a good position to make a sell and already made a huge profit, but greed sets in and you still don't want to sell in hoping that the price will still go up and you will gain more profit. You have the skills and everything but when greed takes over you will be sorry in the end.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
daringdiscovered
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500


View Profile
April 28, 2017, 02:33:08 AM
 #64

If you're already familiar with trading then choose trading you can take that as your advantage to trade with your bitcoin / money but when you know more about gambling where you can earn fast money there then choose gambling you can earn there up to 2x earning than in trading.
Of course, if we are a professional Trader it's can make us to get high profit, even up to
2x - 3x if the pump is coming. We can take some profit by skills, mastering the fundamental analysis
and technical analysis. In gambling we haven't a skill to get profit, because it's just for a lucky factor.

We still need some skills in gambling, but it can't be applied on the every game on Online Casinos like DICE gambling site, because it is completely random rolls that they are making, you skills is not that needed, unlike in the poker, you are going to need your skills on this because it requires knowledge and techniques on how you are going to win.

While in Trading, yeah there are also some risk, but skills are the most important thing here, you must know when is the right time for you to sell your Altcoins because if not, then you are going to lose your profits that you could make in the long run.
RoommateAgreement
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


Bazinga!


View Profile
April 28, 2017, 02:38:38 AM
 #65

my hypothesis about questions like this (which have been asked a million times) is that those who ask it and those who think they are no different have never done any trading in their lives the proper way. because obviously if you go learn trading and look deeper into it and start doing it properly, then you would never ask these questions.

so my answer to anyone who still thinks they are the same is to go learn trading and do it the proper way and come back.

Buying the dip...
KennyR
Hero Member
*****
Offline Offline

Activity: 2282
Merit: 532


Sugars.zone | DatingFi - Earn for Posting


View Profile
April 28, 2017, 02:57:37 AM
 #66

Both are the best earning source of bitcoin, which has got the increased risk involved and the profitability depending upon the risk involved. Gambling requires luck and good backing to minimize loss through different strategies, trading requires good analytical skills and price prediction ability along with a good capital investment to earn big.

.SUGAR.
██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
▄▄████████████████████▄▄
▄████████████████████████▄
███████▀▀▀██████▀▀▀███████
█████▀██████▀▀██████▀█████
██████████████████████████
██████████████████████████
█████████████████████▄████
██████████████████████████
████████▄████████▄████████
██████████████████████████
▀████████████████████████▀
▀▀████████████████████▀▀

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
███████████████████████████
███████████████████████████
██████               ██████
██████   ▄████▀      ██████
██████▄▄▄███▀   ▄█   ██████
██████████▀   ▄███   ██████
████████▀   ▄█████▄▄▄██████
██████▀   ▄███████▀▀▀██████
██████   ▀▀▀▀▀▀▀▀▀   ██████
██████               ██████
███████████████████████████
███████████████████████████
.
Backed By
ZetaChain

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██

██   ██
▄▄████████████████████▄▄
██████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
██████████████████████████
▀▀████████████████████▀▀
▄▄████████████████████▄▄
██████████████████████████
██████ ▄▀██████████  ███████
███████▄▀▄▀██████  █████████
█████████▄▀▄▀██  ███████████
███████████▄▀▄ █████████████
███████████  ▄▀▄▀███████████
█████████  ████▄▀▄▀█████████
███████  ████████▄▀ ████████
████████████████████████████
██████████████████████████
▀▀████████████████████▀▀
LuanX3
Hero Member
*****
Offline Offline

Activity: 756
Merit: 505



View Profile
April 28, 2017, 02:58:51 AM
 #67

my hypothesis about questions like this (which have been asked a million times) is that those who ask it and those who think they are no different have never done any trading in their lives the proper way. because obviously if you go learn trading and look deeper into it and start doing it properly, then you would never ask these questions.

so my answer to anyone who still thinks they are the same is to go learn trading and do it the proper way and come back.

Usually they always do ask the same questions and everybody will answer the same answers as well. Yeah, go trade or go read about it first then trade, I would say that experience is the best teacher in trading even in real life stock trading. Theories only help, but experiencing it first hand will be the true classroom experience.
Oilacris
Hero Member
*****
Offline Offline

Activity: 3010
Merit: 613


View Profile
April 28, 2017, 03:37:01 AM
 #68

As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.
Doing trading on cryptocurrency would really much better and you are right on your way on engaging to trading than on gambling because risk on both sides are different.In playing gambling there are people who makes profits its either on playing on the site or on investing on bankroll. Trading can give you possible profits which is more than on what you will gain on gambling but it would still depend on how you gonna trade.
Viyamore
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
April 28, 2017, 05:55:56 AM
 #69

As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.
Doing trading on cryptocurrency would really much better and you are right on your way on engaging to trading than on gambling because risk on both sides are different.In playing gambling there are people who makes profits its either on playing on the site or on investing on bankroll. Trading can give you possible profits which is more than on what you will gain on gambling but it would still depend on how you gonna trade.
No doubt about it .Perhaps people are more engaging and wants easy money without so much work so they choose gambling over trading . Trading need you time to learn from basic to advance skills and you will experience disappointments and probably big lose if you are not to competent to trade .But in both of these needs you to know how to play well its not just play and depend only on what your luck dictates .


                 ▄▄▄██████████████████▄▄▄
            ▄▄██▀▀▀▀▀███████████████████████▄▄
        ▄▄███▀   ▄▄▄   ▀████████████████████████▄▄
     ▄██████  ▄███████▄  ▀██████████████████▀▀▀█████▄
   ▄███████    ███▀▀ ██    ███████████  ███▀  ▄███████▄
  █████████▄  ▄█▀  ▄███    ██████████  ▄██  ▄███████████
 ██████████████▀  ████▀   ▄██▀▀▀████  ▄████▀  ███████████
██████████████▀  ▄███▀   ▄█▀  ▄▄ ██▀ ▄█  ██  █████████████
██████████████   ▀     ▄██▀  ▄█  █▀  █   █▀▄  ▀███████████
█████████████▀  ▄███▄  ▀██   ██ ▄▄▄  █▀ ▄▄▀█▄  ▀▄█████████
█████████████   █████   ▀██▄ ▀▄████▄  ▄███▄▀  ▄███████████
 █████   ▀██▀  ▄█████    █▀▀█████████████████▀███████████
  ████   ▄█▀   █████    ██ ▀▄█▀▄▄▀█ ▀▄▀█▀▄▀ █▀█ ▀▄██████
   ▀███▄▄   ▄█▄ ▀▀     ███ █ █ ▄▄▄█  █ █ █  █ █ ██████▀
     ▀██████████▄▄▄▄▄█████▄█▄██▄▄██ █▄███▄█▄█▄█▄████▀
        ▀▀██████████████████████████████████████▀▀
            ▀▀██████████████████████████████▀▀
                 ▀▀▀██████████████████▀▀▀
      ..Powered by..
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
|
|
|
|

   ▀██▄       ▀████▄
▄    ▀██          ▀██▄
██▄ ▄███         ▄█████▄▄
 ▀███████▄     ▄██▀ ▀▀████
      ▀████▄ ▄██▀     ▀█▀
        ▀████▄
        ▄█▀████▄
      ▄███▄▀▀████▄
    ▄████▀    ▀████▄
  ▄████▀        ▀██▀█▄
  ▀██▀            ▀██▀
maydna
Hero Member
*****
Offline Offline

Activity: 2912
Merit: 556


View Profile
April 28, 2017, 06:29:46 AM
 #70

As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.

for me, i think is still profitable if we are doing trading than gambling but its depend how good your skills in each of trading and gambling. sometimes trading is like a gambling if we don't have any info about the coins or we don't know about the movements in the market. but believe me, if you are learn the basic of trading then i am sure that no matter how, you can make a profit even for small profit. gambling can make you big profit but remember, there will be a big risk beside doing gambling and you should know.
xuan87
Legendary
*
Offline Offline

Activity: 1666
Merit: 1001



View Profile
April 29, 2017, 10:49:06 AM
 #71

As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.

for me, i think is still profitable if we are doing trading than gambling but its depend how good your skills in each of trading and gambling. sometimes trading is like a gambling if we don't have any info about the coins or we don't know about the movements in the market. but believe me, if you are learn the basic of trading then i am sure that no matter how, you can make a profit even for small profit. gambling can make you big profit but remember, there will be a big risk beside doing gambling and you should know.

Trading more profitable than gambling or investing, gambling is playing with luck, while trading is playing with skill and the best thing is trading can be predicted by using chart and information and with experience you will get better and better in trading and you can minimize the risk and in the end you can make a big profit, but if gambling no matter how many times you played in the end you will rely on your luck and the potential of losing money is high


░░░░░░░░░░░░░░░███████████████░░░░░░░░░░
░░░░░░░░░░░░██████████████████████░░░░░░
░░░░░░░░░░░█████████████████████████░░░░
░░░░░░░░░█████████░░░░░░░░░░░████████░░░
░░░░░░░░███████░░░░░░░░░░░░░░░░███████░░
░░░░░░░███████░░░░░░░░░░░░░░░░░░░█████░░
░░░░░░░███████░░░░░░░░░░░░░█████░██████░
░░░░░░░██████░░░░░█░░░░░████████░██████░
░░░░░░░███████░░░███░░░████░░███░██████░
░░░░░░░███████░░██░██░████░░███░░█████░░
░░░░░░░░██████░░██░░█░███░░███░░██████░░
░░░░░░░░░███████░██░█░█░░░███░░██████░░░
░░░░░░░░░░░██████░███░░░███░░░█████░░░░░
░░░░░░░░░██░░████░░░░░░██░░░██████░░░░░░
░░░░░░░░████░░░░░██████░░░█████░░░░░░░░░
░░░░░░░░███████░░░░░░░░░███░░░░░░░░░░░░░
░░░░░░░░░░░█████████████░░░░░░░░░░░░░░░░
░░░░░░░░███░░░█████░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░██████░░░███░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░██████░░░░░░░░░░░░░░░░░░░░░░░
▂▂ ▃▃ ▅ ▆ ▇ █ TeraWATT █ ▇ ▆ ▅ ▃▃ ▂▂
Global LED Adoption Through Blockchain Technology
≒≒≒≒≒≒≒≒≒『ICO IS LIVE』≒≒≒≒≒≒≒≒≒
WEBSITE』『WHITEPAPER
≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒≒
TWITTER』『TELEGRAM
Idrisu
Sr. Member
****
Offline Offline

Activity: 924
Merit: 260



View Profile
April 29, 2017, 11:44:50 AM
 #72

You will just lose money if you gamble, even if you win, you will play more and more and lost more than you even won. The only profitable way with gambling is having you own gamble site or casino, but you need a big capital. Trading is safe, but you need knowledge, too. But you only lose the difference from buy price and sell price and in gambling you lose it all. So, overal, trading is much, much better.

Trading can still be a gamble. I wouldn't call it safe. No one knows what the markets will do and you can lose money quickly with trading as well. It probably is a bit better than gambling though, but still a risk.
Op can also see gambling as trading as each of them depends on what side you are reason from. A gambler is somebody that takes high risk with his capital and gambler only make profit or loss. But in trading one can also create the same circumstances, it also depends on how you trade. A trader can have it entire capital wipe out if he don't put in place proper money management police in trading. Trading especially margin has no much different from gambling. If you over gamble you can lose your entire capital and you trade without proper money management you can also lose your entire capital.
Winner
Legendary
*
Offline Offline

Activity: 1190
Merit: 1000


Look ARROUND!


View Profile
April 29, 2017, 12:24:50 PM
 #73

As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.
I consider trading as much more safer and better than gambling,
Because in gambling you will just have to depend on luck but in trading you have to use some skills like analyzing and more.

Trading is safer than gambling. But both have risk as well if you are not also careful in trading and you have greed in yourself then you will lose as well. Like if you already have a good position to make a sell and already made a huge profit, but greed sets in and you still don't want to sell in hoping that the price will still go up and you will gain more profit. You have the skills and everything but when greed takes over you will be sorry in the end.
You are kind of correct when stating trading is safer than gambling. I am pretty sure that if someone like gambling and is really researched in that field then they would have as much success as the trader that is professional in his field.

A professional gambler would try to gamble what he has and make a bunch of money by only selecting a few results, he is likely to have more money than the trader by the end of the week.


.........................................
             █████████████████
         ███ ██     █     ██ ███
       ██ █████     █     █████ ██
     ███   █   █  █████  █   █   ███
   ███     █    ███ █ ███    █     ███
  ██  ███ ██ ███    █    ███ ██ ███  ██
  ██     ████       █      █████     ██
 ███   ██ █  ███    █    ███  █ ██   ███
 █ █ ██   █     ██  █  ██     █   ██ █ █
█████     █       █████       █     █████
 █ █ ██   █   ████  █  ████   █   ██ █ █
 ███   ████ ██      █      ██ ████   ███
  ██  █  █████      █      █████  █  ██
  ██ ██   ██ ████   █  ████  ██   ██ ██
   ██      █     ██████      █     ███
     ████  █   ██████████    █  ████
       ██ █████     █    ██████ ██
         ███  ██    █   ███  ███
            █████████████████
ARROUND









.









.
Telegram
ANN Thread
Bounty Thread
Whitepaper
Apened
Hero Member
*****
Offline Offline

Activity: 1386
Merit: 504


View Profile WWW
April 29, 2017, 12:59:34 PM
 #74

As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.
In gambling investment you need to invest or have a share in a gambling site that will be going to launch .Although it is good to make you profit if that gambling site becomes successful .Trading differs a big but you need a good skills to earn so the earning will base on your skills and knowledge.
coolcoinz
Legendary
*
Offline Offline

Activity: 2618
Merit: 1103



View Profile
April 30, 2017, 01:14:34 PM
 #75

Ok my review: Let say you have 1BTC investment from your hard earned money.

Gambling: In gambling if you bet your 1BTC in a boxing fight, your 1BTC , can become 2BTC in a short time. It can be also 0BTC.. In one just snap.
Next gambling: Your 2BTC can become 4BTC or 0BTC

Trading:
In trading , your 1BTC can become 1.25BTC to 3BTC in few weeks.. If your trading is bad it can be .95BTC but it will not ruin your entire investment. All moves are predictable thru news.

Bullshit. Things you have to take into account:
Positive or negative news with low impact
Fake news
Whale pumps and dumps
Price ignoring the news and going its own way (happened many times before)
You have to keep money on an a trading platform that you have no control over.

hatshepsut93
Legendary
*
Offline Offline

Activity: 2968
Merit: 2145



View Profile
April 30, 2017, 03:03:49 PM
 #76

Ok my review: Let say you have 1BTC investment from your hard earned money.

Gambling: In gambling if you bet your 1BTC in a boxing fight, your 1BTC , can become 2BTC in a short time. It can be also 0BTC.. In one just snap.
Next gambling: Your 2BTC can become 4BTC or 0BTC

Trading:
In trading , your 1BTC can become 1.25BTC to 3BTC in few weeks.. If your trading is bad it can be .95BTC but it will not ruin your entire investment. All moves are predictable thru news.


If you invest in some altcoin that have enough volatility to rise 200% in a few weeks, that it is just a likely to crash -200% within the same time. When you want to get fast returns from trading, you invest in risky altcoins and it becomes quite close to gambling. If you stick with safer coins like ETH or DASH, you'll have to wait many months till next price surge and will still have a risk of losing. Investing takes a lot of time while gambling is very fast or even instant.

.BEST.CHANGE..███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
sergio red
Full Member
***
Offline Offline

Activity: 414
Merit: 107


View Profile
April 30, 2017, 03:34:59 PM
 #77

if you compare between trading and gambling for considering safest business then you have to analyze between them.
i think trading is much more reliable then gambling because of luck, if you want to take participate in gambling then you should take risk with luck, one thing you should keep in your mind that luck would not be aside by you.
Reid
Hero Member
*****
Offline Offline

Activity: 2884
Merit: 642


View Profile
April 30, 2017, 03:40:33 PM
 #78

As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.

It is profitable but watch it, it is not that easy.
Everyone that I know who hasten their profit into trading ends up getting lost.
You would need to first make some research into how it is really done. You cant just go there without training.
If you want to experience it then a little lost wont hurt and that could add up to knowledge.
Just after that try to collect what you done and make it as experience for the next time.
xFiber
Sr. Member
****
Offline Offline

Activity: 336
Merit: 252



View Profile
April 30, 2017, 03:49:51 PM
 #79

Ok my review: Let say you have 1BTC investment from your hard earned money.

Gambling: In gambling if you bet your 1BTC in a boxing fight, your 1BTC , can become 2BTC in a short time. It can be also 0BTC.. In one just snap.
Next gambling: Your 2BTC can become 4BTC or 0BTC

Trading:
In trading , your 1BTC can become 1.25BTC to 3BTC in few weeks.. If your trading is bad it can be .95BTC but it will not ruin your entire investment. All moves are predictable thru news.


If you invest in some altcoin that have enough volatility to rise 200% in a few weeks, that it is just a likely to crash -200% within the same time. When you want to get fast returns from trading, you invest in risky altcoins and it becomes quite close to gambling. If you stick with safer coins like ETH or DASH, you'll have to wait many months till next price surge and will still have a risk of losing. Investing takes a lot of time while gambling is very fast or even instant.
Yea just like you can instantly lose your hard earned money with gambling aswell. There is no point to defend gambling sites, they're there to take your money not the other way around. Trading doesn't require X amount of months to be profitable and the risk of losing is alot less when you're trading compared to gambling.
RamBahadur.Gurung
Sr. Member
****
Offline Offline

Activity: 457
Merit: 262



View Profile
April 30, 2017, 05:11:52 PM
 #80

Trading is safer than gambling. But both have risk as well if you are not also careful in trading and you have greed in yourself then you will lose as well. Like if you already have a good position to make a sell and already made a huge profit, but greed sets in and you still don't want to sell in hoping that the price will still go up and you will gain more profit. You have the skills and everything but when greed takes over you will be sorry in the end.

Greed is a part of the human nature, and it will be ingrained in our blood no matter what we do to get rid of it. The only way to avoid greed during trading, is to fix stop-loss and target values even before we start a trade. Worked for me when I was trading equities.
Pages: « 1 2 3 [4] 5 6 7 8 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!