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Author Topic: GAMBLING & TRADING  (Read 4917 times)
chris200x9
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April 30, 2017, 05:55:49 PM
 #81

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.

Yes everyone has this greediness, and it is human nature. Who will control this greedy they will become a perfect trader or gambler. Are you looking to make money then trading is the best place to make some money with this bitcoin? Gambling is too risky here the losing chance is very high. But in trading, if you wait patiently you can make a good profit.
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April 30, 2017, 06:03:45 PM
 #82

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 .
There are people who are interested in easy money making in fact almost everyone wants to earn and make money as easy as it could be.

Some people are lucky enough that they accomplish this goal with the gambling and some completely lost. Being a high margin of earning in it gambling also have an equal and opposite reaction you lose all your money in it. So sometimes better to stick to the trading.
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April 30, 2017, 06:08:52 PM
 #83

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.
Altcoin trading is very risky, it can be manipulated with ease. that's why one should avoid new altcoin! still if you want to trade altcoin you can go with well established coins like you mentioned or trade bitcoins.
i personally go with bitcoin trading!
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May 01, 2017, 01:42:15 AM
 #84

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.
Altcoin trading is very risky, it can be manipulated with ease. that's why one should avoid new altcoin! still if you want to trade altcoin you can go with well established coins like you mentioned or trade bitcoins.
i personally go with bitcoin trading!
As long as we know all the possible risk, there would be no problem with that, I see some traders who are making money with altcoin trading than bitcoin trading so I believe there's a way to be successful. It is important to educate yourself and you have to fully take the risk without hesitation only with the money that you can afford to lose.

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May 01, 2017, 06:23:07 AM
 #85

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.

Correct, people are just making a conclusion about a certain thing even though they didn't try it yet. They are just assuming thing according to that certain topic just to increase their post count, but I didn't say that it is wrong, my point is, you don't have to ask questions if the answer is to obvious. Gambling and Trading? from the word itself, they are already different, so how come that they are the same, right?

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May 01, 2017, 09:57:16 AM
 #86

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.

Correct, people are just making a conclusion about a certain thing even though they didn't try it yet. They are just assuming thing according to that certain topic just to increase their post count, but I didn't say that it is wrong, my point is, you don't have to ask questions if the answer is to obvious. Gambling and Trading? from the word itself, they are already different, so how come that they are the same, right?



Right. Most likely its just someone who ran through a couple of thrrads and doesn't want to read the entirety of it but is interested in trading. Questions like this can be avoided by simply reading through older threads that most of the time still has people answering inquiries

 
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May 01, 2017, 10:19:47 AM
 #87

You could see in trading section, this type of question has been come in trading section and also in gambling section. If you are seriously want to invest in gambling sites, than i suggestion should try it, it is not a bad idea, and also all gambling sites, i see these are trust-able. But if it is your first experience than start to invest with a little amount.
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May 01, 2017, 10:50:40 AM
 #88

You can consider the whole 'successful gambling' thing with confidence. Traders usually look for good price with low afford. Did you hear about 'exchange gambling'  sites like Betfair? You can lay, or bet on gambling(usually sports betting) with your trading ability. Dont underestimate your trading knowledge if you can deeply understand gambling specially sports  betting.

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May 01, 2017, 01:33:03 PM
 #89

You can consider the whole 'successful gambling' thing with confidence. Traders usually look for good price with low afford. Did you hear about 'exchange gambling'  sites like Betfair? You can lay, or bet on gambling(usually sports betting) with your trading ability. Dont underestimate your trading knowledge if you can deeply understand gambling specially sports  betting.
How can he use his trading abilities with gambling? Research maybe but even with that it's still risky. Sports betting is different with trading(alt coins) I dont think you could even trade with other currencies on a betting exchange like betfair. The difference with sports betting exchanges and with sportsbook is that with exchanges you could set your own odds sometimes wait for your bet to be matched with a bookie/sportsbook you bet against the house and they accept your bet right away.

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May 01, 2017, 06:39:17 PM
 #90

You could see in trading section, this type of question has been come in trading section and also in gambling section. If you are seriously want to invest in gambling sites, than i suggestion should try it, it is not a bad idea, and also all gambling sites, i see these are trust-able. But if it is your first experience than start to invest with a little amount.
Investing on gambling site is not a bad idea, and it is worth nowadays many people are making money from this method. But you need to do a lot of research in this method. And a small investment will not give profit. So trading is good to plan to make money with this Bitcoin. Gambling is just waste of time. Here your investment will double instantly and also you will lose your investment immediately.
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May 01, 2017, 07:13:00 PM
 #91

I prefer to trade than gambling. I already have a lot of experience in gambling, and that sometimes makes me lose a lot of money. But not with trading. Although it's pretty complicated to run, but with a little patience, we can generate a lot of btc, or money from trading, especially if you're good at analytics.
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May 01, 2017, 08:49:45 PM
 #92

I prefer to trade than gambling. I already have a lot of experience in gambling, and that sometimes makes me lose a lot of money. But not with trading. Although it's pretty complicated to run, but with a little patience, we can generate a lot of btc, or money from trading, especially if you're good at analytics.

Yes trading is better then gambling where with good knowledge and skills we can easily make some profits and trading is not totally based on luck like gambling and in gambling either you win or you loose there is no third option available.
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May 01, 2017, 09:08:39 PM
 #93

You could see in trading section, this type of question has been come in trading section and also in gambling section. If you are seriously want to invest in gambling sites, than i suggestion should try it, it is not a bad idea, and also all gambling sites, i see these are trust-able. But if it is your first experience than start to invest with a little amount.
Investing on gambling site is not a bad idea, and it is worth nowadays many people are making money from this method. But you need to do a lot of research in this method. And a small investment will not give profit. So trading is good to plan to make money with this Bitcoin. Gambling is just waste of time. Here your investment will double instantly and also you will lose your investment immediately.
Investing must be kind of different thing from trading and hence gambling activity in no way related to it. Adding money for gambling should not be considered as investment. Gambling and trading both are good when you know to do perform them. But people prefer trading as they learn quickly it as they learn how to trade quickly than how to gamble.
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May 01, 2017, 09:14:02 PM
 #94

If you have no money, and you need it you should try with gambling, but trading is not that risky
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May 01, 2017, 09:22:40 PM
 #95

I prefer to trade than gambling. I already have a lot of experience in gambling, and that sometimes makes me lose a lot of money. But not with trading. Although it's pretty complicated to run, but with a little patience, we can generate a lot of btc, or money from trading, especially if you're good at analytics.
Trading is a safe bet where as gambling does have only two results either you win or you loose.There was a time when i used to sit an entire day in front of system when i was trading in the stock market learning about the news and other things and calculating the variables and if you are good at analyzis then trading is the best thing you can do to make a good profit.
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May 02, 2017, 03:40:06 AM
 #96

I prefer to trade than gambling. I already have a lot of experience in gambling, and that sometimes makes me lose a lot of money. But not with trading. Although it's pretty complicated to run, but with a little patience, we can generate a lot of btc, or money from trading, especially if you're good at analytics.
Trading is a safe bet where as gambling does have only two results either you win or you loose.There was a time when i used to sit an entire day in front of system when i was trading in the stock market learning about the news and other things and calculating the variables and if you are good at analyzis then trading is the best thing you can do to make a good profit.
trading has little risk than gambling and we can cover up the loss with cut lose that's why many who choose trading and trading make more sense. I think the experience is more useful because in all markets there is a lot of manipulation.

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May 02, 2017, 05:55:08 AM
 #97

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.

Yes everyone has this greediness, and it is human nature. Who will control this greedy they will become a perfect trader or gambler. Are you looking to make money then trading is the best place to make some money with this bitcoin? Gambling is too risky here the losing chance is very high. But in trading, if you wait patiently you can make a good profit.
Yes, that it is a human nature but how to overcome it is the problem ? Controlling these greedy emotions is a real hard task for some people. This control of emotions actually makes a distinction between the animals and the social animals.

When people control this element they behave humanly otherwise there is no huge difference left between a human being and an animal other than the man got birth in humans and the animal in animals.
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May 02, 2017, 06:07:09 AM
 #98

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.

Both will give you profit but the difference lies within the time. Trading will net you more profit if you know what you're doing than investing in casino bankroll. There's a securities section in this forum where you can see some people invest at casino bankroll. They provide the data of the investment and return.

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May 02, 2017, 06:42:49 AM
 #99

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.

Both will give you profit but the difference lies within the time. Trading will net you more profit if you know what you're doing than investing in casino bankroll. There's a securities section in this forum where you can see some people invest at casino bankroll. They provide the data of the investment and return.
Well, definitely Trading would bring you much more profit than in gambling. Trading and Gambling is Vice versa for me only IMO. Gambling can earn big in a small profit in just a couple of minutes but definitely Trading needs more big capital to earn and gain profits more but ut depends on the movement of the coin. I just want to say trading is much more better than gambling because if you lose in trading its just a paper lose unlike in gambling all your bankroll can lose
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May 02, 2017, 08:31:06 AM
 #100

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.
In any case the outcomes depends on the decisions taken in any of the field, what all you need to do is to be a keen observer in both the cases so that you may judge the right end. It is no doubt same as that the one in the trading but the norms of both the fields are a bit different from each other. In both the fields people are here to win not to lose.
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