Bitcoin Forum
August 18, 2018, 12:20:23 PM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
   Home   Help Search Donate Login Register  
Pages: « 1 2 [3]  All
Author Topic: Gox trading  (Read 1364 times)
Offline Offline

Activity: 84
Merit: 10

View Profile
May 13, 2013, 06:39:43 AM

Well speculating on price moves is basically gambling Smiley And especially with currency and without any options etc to hedge bets and have stop loss possibilities. So betting on wild swings is a so-so model Smiley

Trading (speculating) is NOTHING like gambling...and that attitude is why most people don't succeed at it.  I've been a forex trader for 4 years.  I guarantee you I couldn't pay my bills for 4 years by sitting at a roulette table in Vegas 5 days a week.

Also, you have plenty of options to hedge your "bets"...what's to stop you from buying on BTC-e and selling at the same time on Bter?  Or Gox?
Pages: « 1 2 [3]  All
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!