omonuyak
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April 19, 2018, 06:10:57 AM |
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This might be the reason why we should becareful about trading and those that really make money are the professional traders and skillful investors. like op has said "you are the one making the decision" since you are the one making decisions you should take advantage of management your risk by investing wisely as you did not have control over the markets.
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Dudeperfect
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April 19, 2018, 04:55:53 PM |
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I prefer trading because gambling is something in which returns are not assured so you cannot predict what kind of amount you will have at the end. In trading you can predict the possibilities of trends and build and apply your strategies, this is a more scientific method to earn profits. On the other hand, gambling is not even allowed by some countries including mine so we have only one option to go with trading.
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WizardCount
Jr. Member
Offline
Activity: 266
Merit: 1
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April 19, 2018, 05:12:55 PM |
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Gambling and trading are same, there is using assets and can be to losses, of course strategy is important for me gambling is quite interesting but I prefer trading with low risk
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atikurrahman
Member
Offline
Activity: 199
Merit: 10
Now You Can Be The Bookmaker!
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April 19, 2018, 05:20:53 PM |
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I think trade is the only one I think. Your skills are needed to trade and you are confident about yourself.
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AbyssLagiaz
Jr. Member
Offline
Activity: 185
Merit: 3
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April 19, 2018, 06:54:14 PM |
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Gambling within trading is like the extension of each. You trade and you gamble that you didn't lose the opportunity to gain even higher, well for at least the greed doesn't eat you that much. It is much greater to trade than to just base your game in the roll of the dice. In trading you can control the minds of the buyer whenever you sell in such fair price in the market. Gambling feels so satisfying at its succession but really panicking when you didn't get the dice.
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whirlcoin
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April 19, 2018, 07:03:04 PM |
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In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser. People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.
As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account. In the end, only you can chase off the temptation to follow the plan.
Yes we are the one facing the market so the success or failure is in our hands,we can't just make money in trading through our lucks we need skills also to stay in this field so that is the point differenctiate the trading and gambling.But in trading wr can't make enough money as like in holding because we just buy and sell and repeat then finally have nothing so better to hold than do trading.
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pawanjain
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April 19, 2018, 07:24:00 PM |
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In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser. People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.
As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account. In the end, only you can chase off the temptation to follow the plan.
Actually, you are right here in the trading arena you need to fight with yourself, your emotions, your sills, your confidence, your belief. Actually, the trading market is unstructured and we have the habit to deal with the things which are structured in nature and here the market is unstructured in nature and so to trade successfully in this market you need to make some structured plans and only traders can do this plan and plan their trade respectively which the gamblers can't do it.You just need to change your mindset and approach in order to be a trader and you must think like a trader and not like a gambler.
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[/tabl
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lienfaye
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April 20, 2018, 05:54:08 AM |
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As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account. In the end, only you can chase off the temptation to follow the plan.
Agree its a common mindset of people who are eager to earn instantly, they take the risk without even thinking if its the right decision/time to let go or sell their coins. Trading using your emotion is not a good character if you're a trader because sometimes this is the cause of panic selling or temptation to not go as planned. In trading you gamble to earn but that does not mean you are just relying in luck because it still depends how you deal with it depending in the market condition.
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mornabo
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April 20, 2018, 06:05:01 AM |
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I prefer trading because gambling is something in which returns are not assured so you cannot predict what kind of amount you will have at the end. In trading you can predict the possibilities of trends and build and apply your strategies, this is a more scientific method to earn profits. On the other hand, gambling is not even allowed by some countries including mine so we have only one option to go with trading.
In other words trading depends not only on luck alone to be able to earn profits. there are several aspects or things to do to determine a prediction. if in most of the gambling you just rely on luck alone to make choices and predictions. but unlike trading there is a special calculation and strategy. that's why the risk will be greater in gambling than trading. I think gambling is just for fun brate..
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cheeseandcrackers
Member
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Activity: 155
Merit: 16
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April 20, 2018, 06:21:33 AM |
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Trading is not really gambling at all. Gambling is usually something like a 50/50 chance most of the time, and that's nothing better than a coin flip. You can mitigate your risk significantly by whatever trade strategy you employ, and thus nearly negate the risk entirely. However, that being said, there are no guarantees here. You can trade with lower risk than just gambling in a casino, but that doesn't mean something bad could happen to the project you invest in, causing you to lose everything. You could say it's gambling, but I'd have to disagree personally. Gambling is random chance, and just by trading intelligently you can usually come out ahead. Just don't ever be too greedy.
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Webberson
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April 20, 2018, 06:49:47 AM |
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Becoming a trader requires certain skills and abilities that needs to be acquired by an individual. Knowing when to enter and exit a trade is key, towards making a successful trade. In the case where all these things are not taken into consideration before becoming a trader, it can therefore be said that such a person would be a gambler.
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Rose119
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April 20, 2018, 06:52:42 AM |
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Gambling and trading are same, there is using assets and can be to losses, of course strategy is important for me gambling is quite interesting but I prefer trading with low risk
Yes there using assets but there are differences in not the same because it's better to become a trader than gamblers. In Gambling you have a low percent to gain profit and high percentage of lossing your money. In trading if you have a skills and experience to trade coins there's a big chance that you will gain a big profits. But remember risks is always be there.
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Aprilperez1
Newbie
Offline
Activity: 52
Merit: 0
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April 20, 2018, 07:59:23 AM |
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Being a gambler is have a 100% risk to loss there money . But if you know how to handle your greedy you will not loss all. But i think much better to become a trader it is not very risky like in a gambling
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yohaneshs
Member
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Activity: 406
Merit: 11
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April 20, 2018, 08:35:24 AM |
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You are gambler if trading without analyze, it's dangerous because sometimes you profit with your choice but sometimes you have a big loss because of that. Be a smart traders and make it as a jobs not game.
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Kemarit
Legendary
Offline
Activity: 3262
Merit: 1386
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April 20, 2018, 09:09:55 AM |
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In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
I wouldn't say that there are no rules per se. But most traders, should know when to enter and enter and mitigate risk as compare to gambling which negative is always at your side the minute you enter a casino whether online or landbase. People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.
Personally, I don't think that I'm fighting the market. What I do is just try to win whatever I can. Try to take the advantage and bring good results in my end, which mean profit. As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account. In the end, only you can chase off the temptation to follow the plan.
That's why we always preach that you have to control your emotions when you are trading, otherwise if you sell at every dip because you are in a panic mode, then its better for you to look for other jobs that will make you money.
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avp2306
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April 20, 2018, 09:18:36 AM |
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Gambling and trading are same, there is using assets and can be to losses, of course strategy is important for me gambling is quite interesting but I prefer trading with low risk
Yes there using assets but there are differences in not the same because it's better to become a trader than gamblers. In Gambling you have a low percent to gain profit and high percentage of lossing your money. In trading if you have a skills and experience to trade coins there's a big chance that you will gain a big profits. But remember risks is always be there. If you use logic from this two kind of two risk taking selections we may find out that they are the same since both of them is money draining but trading got huge advantage on this since we can be at safe if we will be cautious on our action and became more knowledgeable for our trade times. Gambling is for fun and people should not gamble their luck to earn money on this kind of 95% risky game.
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bitcoinveda
Member
Offline
Activity: 378
Merit: 10
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April 20, 2018, 09:37:31 AM |
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This might be the reason why we should becareful about trading and those that really make money are the professional traders and skillful investors. like op has said "you are the one making the decision" since you are the one making decisions you should take advantage of management your risk by investing wisely as you did not have control over the markets.
Not only with trading, even with the gambling, we are decision makers whether to gamble or trading. I don't think so because some people who have minimum knowledge about the trading they won't bother about the condition of the market because they hold the coins until their desired target is reached.
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jostorres
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April 21, 2018, 06:41:54 AM |
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I agree that greed and lack of knowledge can make us losing a lot of money in trading, in fact the only difference between gambling and trading is the data for speculate, in trading we got indicator and data to help us to see whether the price will go up or down, it's not that easy to press down the greed, but if we must ablento control it, if we are losing with our greed then whatever we do, we will failed
Trading and gambling are pole apart from each other. Some people consider both to be one or the same thing but it is not true at all. Trading involves risk and so does gambling but the meaning of risk in both of them is different. Unlike trading, gambling is not a profession and depends entirely on luck while a trader uses his skills to gain profit. Traders are not exactly greedy also as they don’t go for shortcuts.
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Tomik21
Member
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Activity: 2184
Merit: 10
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April 21, 2018, 07:42:29 AM |
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A trader can not be gambling. But he must really want to make a lot of money. These are mandatory conditions.
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veejay2716
Newbie
Offline
Activity: 210
Merit: 0
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April 21, 2018, 09:24:46 AM |
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In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser. People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.
As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account. In the end, only you can chase off the temptation to follow the plan.
I agree with you but all you have to do is always think and control yourself on what you are doing so that at the end of the day you will not blame yourself or anybody else.
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