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Author Topic: GAMBLING & TRADING  (Read 4986 times)
xFiber
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April 15, 2017, 11:46:43 AM
 #21

I personally won't recommend gambling simply because you can lose your money in a heartbeat. I deposited some money on a trusted gambling site and even though I had a strict plan I ended up losing my initial deposit. I also started trading and I'm already in profit. I kinda regret depositing money into gambling but at least I learned my lesson.
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April 15, 2017, 12:07:29 PM
 #22

I personally won't recommend gambling simply because you can lose your money in a heartbeat. I deposited some money on a trusted gambling site and even though I had a strict plan I ended up losing my initial deposit. I also started trading and I'm already in profit. I kinda regret depositing money into gambling but at least I learned my lesson.
That's fine and for the same reason i don't like to suggest gambling. In gambling, the result of the event is unknown and depends on a good amount of luck. But both were involved with typically risk. Without knowledge of trading it treats like gambling.
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April 15, 2017, 12:36:45 PM
 #23

I personally won't recommend gambling simply because you can lose your money in a heartbeat. I deposited some money on a trusted gambling site and even though I had a strict plan I ended up losing my initial deposit. I also started trading and I'm already in profit. I kinda regret depositing money into gambling but at least I learned my lesson.

Lossing in gambling is obvious as compare to gambling. Because in gambling, chances of winning is very slim. In Trading who can somewhat mitigate our risk of losing but learning and studying the market before making any investment. And even when you lost, you are kind of adding it as a learning experience to yourself. So next time, you can avoid that same mistake. But in gambling its the other way around, the more you loss, the more you want to recover and inching to re-coup everything.

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sikke
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April 15, 2017, 04:23:19 PM
 #24

I personally won't recommend gambling simply because you can lose your money in a heartbeat. I deposited some money on a trusted gambling site and even though I had a strict plan I ended up losing my initial deposit. I also started trading and I'm already in profit. I kinda regret depositing money into gambling but at least I learned my lesson.
Well xFiber, I would like to ask ( if it is not a private data for you of course ) what was your inital deposit amount?
Im also interested what strategy you have used, was it martingale, or rather something different?

I think that gambling is even more risky than trading, unless you trade blindly, without doing analysis- then the gambling odds are probably better, because on the markets, you basically "fight" against more experienced users and also against big players, that are sometimes even able to change the price of some asset, thanks to their big orders.

Investing in bankroll of the gambling website is something where you should earn on a long-term thanks to the house edge, however that is not only scenario, you can also be on negative profit, if there will be many wins/ big wins from the players side.
Barbarian
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April 16, 2017, 12:01:50 AM
 #25

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.
Gambling is just a way to entertain yourself, nothing more so don’t think of it as a way to make money.
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April 16, 2017, 01:07:35 AM
 #26

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.

Well gambling by itself is bad as it gets, so avoid that, but investing into gamblings site bankroll can be profitable but you'll need a little of a bigger investment to expect something in return. Trading I wouldn't recommend if you're new to it, only if you've had experience with it in the past.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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April 16, 2017, 01:51:37 AM
 #27

Trading is better than gambling or investing, in trading you control your money, its mean when you think the price is good then you go to trade and there are factor to help you decide whether the price is going up or down, while gambling you only depend on your luck and in investing you dont have the power to control your money, so trading is better than gambling and investing but it required experience to make a succesful trade
Mike Mayor
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April 16, 2017, 07:27:20 PM
 #28

Forget gambling.

Trading is much more profitable then investing in a casino. Firstly the money belongs to you I like with a casino investment where you no longer control the bitcoins. You can make large profits of small amount constantly in the altcoins trading world.

Gambling is for fun and investing in a casino is not a bad idea in the long run with a large deposit.

xFiber
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April 17, 2017, 09:25:30 AM
 #29

I personally won't recommend gambling simply because you can lose your money in a heartbeat. I deposited some money on a trusted gambling site and even though I had a strict plan I ended up losing my initial deposit. I also started trading and I'm already in profit. I kinda regret depositing money into gambling but at least I learned my lesson.
That's fine and for the same reason i don't like to suggest gambling. In gambling, the result of the event is unknown and depends on a good amount of luck. But both were involved with typically risk. Without knowledge of trading it treats like gambling.
Yea that's true but I don't think a lot of people would just get started like that with trading without doing the research needed. Especially since it involves money. I'm not an expert but with trading but I already am in profit.

I personally won't recommend gambling simply because you can lose your money in a heartbeat. I deposited some money on a trusted gambling site and even though I had a strict plan I ended up losing my initial deposit. I also started trading and I'm already in profit. I kinda regret depositing money into gambling but at least I learned my lesson.

Lossing in gambling is obvious as compare to gambling. Because in gambling, chances of winning is very slim. In Trading who can somewhat mitigate our risk of losing but learning and studying the market before making any investment. And even when you lost, you are kind of adding it as a learning experience to yourself. So next time, you can avoid that same mistake. But in gambling its the other way around, the more you loss, the more you want to recover and inching to re-coup everything.
Exactly and that's a big risk you face if you gamble. Addiction. Gambling works extremely addictive. I'm very happy I backed out when I lost my initial deposit. I've always been against gambling and now I am against it more than ever.
poetra2501
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April 17, 2017, 10:10:29 AM
 #30

Trading is better than gambling or investing, in trading you control your money, its mean when you think the price is good then you go to trade and there are factor to help you decide whether the price is going up or down, while gambling you only depend on your luck and in investing you dont have the power to control your money, so trading is better than gambling and investing but it required experience to make a succesful trade
I totally agree with you that trading is better than gambling. Although in trading we don't
know how much can we get a fixed income, because no a fixed income in trading,
sometimes we get a great profit, sometimes just a little profit. But we can manage that for
the best plan in the future. In gambling we just only surrender against our money, profit or loss.
ronaldo40
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April 17, 2017, 02:17:26 PM
 #31

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.

profits in gambling is based on luck, better trade because It's safer too. but do both very well, I also do both. but I am more focused on trade, while gambling only for fun, but the result is very good Cheesy

xFiber
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April 17, 2017, 07:15:57 PM
 #32

Trading is better than gambling or investing, in trading you control your money, its mean when you think the price is good then you go to trade and there are factor to help you decide whether the price is going up or down, while gambling you only depend on your luck and in investing you dont have the power to control your money, so trading is better than gambling and investing but it required experience to make a succesful trade
I totally agree with you that trading is better than gambling. Although in trading we don't
know how much can we get a fixed income, because no a fixed income in trading,
sometimes we get a great profit, sometimes just a little profit. But we can manage that for
the best plan in the future. In gambling we just only surrender against our money, profit or loss.
Yep that pretty much sums it up. With gambling the chances of reaching ROI is much smaller than when you trade. Gambling will also work addictive and you'll end up trying to recover your loss rather than back away.
maydna
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April 18, 2017, 04:03:34 AM
 #33

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 am give advice for you to do trading than playing gambling because in gambling, you can loss everything and your money will empty so fast without you realize. if you have skill in gambling, you can trying by yourself, but still its not good for you to only playing gambling especially if you don't have any skills in gambling games.

but if you do trading, if you have loss in the amount of btc value, you still have the coins and you can waiting for the increase of the price so you can sell the coins to gain some profit. there are many of us that have been stuck in many coins because they are buying the coins in the high price, but they are not selling their coins and only waiting the changing the trend of the coins and i am sure that the price will increase more than the price you buy.

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vivabux
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April 18, 2017, 04:12:51 AM
 #34

personaly i like gambling more than trading cause i hate when a lill scammer on paxful try to scam me... i make more money with gambling site even i know its more risky but i have chance with them

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April 18, 2017, 04:18:16 AM
 #35

personaly i like gambling more than trading cause i hate when a lill scammer on paxful try to scam me... i make more money with gambling site even i know its more risky but i have chance with them
well if you are more comfortable playing gambling instead of trading that's okay since your better in trying your luck than trying to do an homework
to research and find something that will help you to get some advantage. better to stick where your interest excite you.
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April 18, 2017, 08:06:43 AM
 #36

personaly i like gambling more than trading cause i hate when a lill scammer on paxful try to scam me... i make more money with gambling site even i know its more risky but i have chance with them
What's "paxful" ?
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April 19, 2017, 04:26:32 AM
 #37

I actually say down with one of my business teachers once and we filled out an entire sheet on the differences between the two and the similarities, it's kinda sad to note that at some points the two do look similar but they really aren't.

I'd say the biggest difference between the two is that with trading / investing in stocks cryptos and so on you're able to do your part in research to be able to ensure that the company will be making money, has made money in the past, has analysts backing and so on. You're able to control how much research you do and this could lead to a higher reward if your research turns out to be right.

Gambling is something that is all luck (unless a skill game like poker) and you have no control over research or anything along those lines. You have to pretty much just pray you'll win and that's all ya can do to give yourself higher chances.

Though both involve a good amount of risk but with trading you can attempt to minimize this risk with research and such.




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RamBahadur.Gurung
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April 19, 2017, 10:21:04 AM
 #38

I have tried trading, but was unlucky. I want to try gambling as well. Can someone recommend a few good gambling sites, where the deposits can be made with Bitcoins? If they have some promotional offers for the new members, then that much better.
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April 19, 2017, 12:23:24 PM
 #39

Both ways are good in investing money, provided you know how to control your emotions. This is both true to gambling and trading. With patience and skills, any could be a good start. I was broke two weeks ago and I started gambling. I won a few bucks and put it into trading, I kept losing on trading, lost value on my altcoins because they were going to be delisted, and kept winning on gambling, making my growth on break even. Now, I have stopped trading and continued studying the way of it while earning a few bucks on rolls a day. I keep on the limit of about 5k satoshis per roll/hour as of now. My point, is choose what is best for you and learn the way and do not run into something that you think that makes money without knowing about it. Hell, we should learn even the basics of bitcoin and how it works.
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April 19, 2017, 12:57:49 PM
 #40

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.

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