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Author Topic: Trader or Gamblers.  (Read 2419 times)
taxmanmt5
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April 23, 2018, 03:43:22 PM
 #101

I do  choose trading because the risk is low than gambling. There are some people want to earn money fast and easy so they will use casino and some site that they can play and gambling there money hoping to win but they always lose there money in gambling. I dont play gambling so i will stick to trade only.

Well trading and gambling are totally different things. Apart from the fact that you can earn fast and lose fast in gambling, but the major concern is that not everyone can do trading as it requires skills. Whereas gambling can be done by anyone as there is no complexity involve in it.
Kambal2000
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April 23, 2018, 05:05:32 PM
 #102

I do  choose trading because the risk is low than gambling. There are some people want to earn money fast and easy so they will use casino and some site that they can play and gambling there money hoping to win but they always lose there money in gambling. I dont play gambling so i will stick to trade only.

Well trading and gambling are totally different things. Apart from the fact that you can earn fast and lose fast in gambling, but the major concern is that not everyone can do trading as it requires skills. Whereas gambling can be done by anyone as there is no complexity involve in it.
I don't agree that you can earn fast in trading and lose fast in gambling, it really depends on how much time we devote time in gaining knowledge, both of them requires time to know strategy, but, we should prefer trading as in gambling the only strategy we could have is to have a self confidence.

Reid
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April 23, 2018, 05:16:26 PM
 #103

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.

That is how we react as human. Money have been the important part of one human's lifestyle so indeed you are fighting with yourself only.
Decision making. Everytime there is a fall we want to expect more or maybe wait. Could be a wrong decision or sometimes not.
I have already have both up and down decision which both are also wrong. Now, what is next after that? Can you still get up?
With gambling it is easy to double the bet, but with trade it is harder. You are going to make another big capital for it.
Quraline
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April 23, 2018, 05:38:31 PM
 #104

In coin trading, your enemy is not you, but an exchange that eats up your Deposit while you are a naive hamster.
mrproblem
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April 23, 2018, 05:47:17 PM
 #105

First you need target otherwise you will be a gambler.
Second you need also target again for losses otherwise again you will be a gambler
naidray
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April 23, 2018, 06:03:31 PM
 #106

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.
It is even obvious most of the people trading today are gamblers and not traders. Ask some, the only strategy they have is to buy when it is red and sell when it is green and no way for them to even know if they are buying in the right spot or selling in the right spot and how to use these decisions to their own advantage. All the above, it seems people will always tend to be the 'I want to get rich quickly' set of individuals and that mentality will always make them to make mistakes with their funds.
OrangeSeller
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April 24, 2018, 05:39:59 AM
 #107

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.
very practical

You are absolutely right. I agree with you. Trading is also like gambling. You can make some money and can lose your investment. But trading is far better than gambling because gambler always loses due to greed for winning more and more money while trader will not lose his money if he keenly observe the market. I want to become trader instead of gambler.
Actually both can provide great benefits, the difference is trading will give you a big profit if you have market knowledge and skillful analytical. while in gambling you don't need anything like skill or intelligence. but people prefer trading because the risk is smaller because it does not depend only on luck
The big difference here. These are two different fields on the basis of skill I must say. Trading is all based on skills and there is nothing like luck here.

Although it does matters but very low so considered as negligible. All is to maintain your mind and skill up your investment so that bigger profits can be made even in hard times. But gambling is just a game of luck, if you are lucky things are you else’s just get ruined.
robotrobert
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April 24, 2018, 05:44:58 AM
 #108

A trader can not be gambling. But he must really want to make a lot of money. These are mandatory conditions.
Gambling is all and all an entirely different thing and that there is nothing as such common in between gambling and that of trading. Trading is something which demands you to have lot of skillset and that you need to have a rich amount of knowledge as well before even getting into the world of the trading so that you may be able to make the right decisions and that you need to do well so that you can make money.
tungaqhd
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April 24, 2018, 06:07:57 AM
 #109

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 prefer trading than gambling because if you have good knowledge of market, you will have more chance to win than a good strange.
boris singer
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April 24, 2018, 06:18:37 AM
 #110

A trader can not be gambling. But he must really want to make a lot of money. These are mandatory conditions.
Gambling is all and all an entirely different thing and that there is nothing as such common in between gambling and that of trading. Trading is something which demands you to have lot of skillset and that you need to have a rich amount of knowledge as well before even getting into the world of the trading so that you may be able to make the right decisions and that you need to do well so that you can make money.

gambling more demands us to think fast in the short term, this is not always good because our thoughts and emotions are not always stable, very different from trading because the volume is not only determined by home and some people alone, it makes healthier trades do every day through many the choices they offer in the form of charts and indicators.
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April 24, 2018, 06:45:25 AM
 #111

both of them need luck but you should know if you have some tricks, information you still can win both of them.

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StarKay
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April 24, 2018, 07:32:45 AM
 #112

When I started trading, I felt like an expert when I was profiting but when I started making losses on my Alts; I did not stop loss and I lost over 70% of my holding.
Since then I learnt my lesson, learn to accept loss and move on to other better Alts. You can't be right all the time, I am not a Gambler but a poor Trader.

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Bitcoin_trader2016
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April 24, 2018, 12:13:53 PM
 #113

both of them need luck but you should know if you have some tricks, information you still can win both of them.

Agree with that both of them are need luck but gambling is more risky than than trading. Actualy trading is like a gambling too and the only defirent with them is in gambling you have fucos your time and you have to play in real time you unlike trading you can hold your tokens for a long term and you can earn or lose without playing your money.

bitcoinveda
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April 24, 2018, 12:24:27 PM
 #114

I do  choose trading because the risk is low than gambling. There are some people want to earn money fast and easy so they will use casino and some site that they can play and gambling there money hoping to win but they always lose there money in gambling. I dont play gambling so i will stick to trade only.

Most of the people will choose to trade because they know potential how they can make money through trading if they have trading skills. Gambling is a completely different path to make money but very risky, few people will choose to gamble they want to make quick money. So they will choose gambling but major importance which i prefer is trading only.
EdenHazard
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April 24, 2018, 01:03:02 PM
 #115

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.
Same with gambling, the greatest enemy is yourself, only you will decide between losing and winning.

Well, you will decide which to choose. Trading and gambling are different, I mean have the same way but have different functions. Trading will make you think about the benefits because it can be used as a source of income. While gambling, just as a place to have fun, cannot be used as a source of income. I'm not sure if there is someone who claims that gambling is a source of income for his life.

Therefore, I argue gambling and trading have the same way but different functions. So I'll answer your question I will choose to trade to be a source of income, while gambling, I will make a place to find pleasure only. The intensity of trading than gambling in my life more often I use for trading. Because trading will support my life in the future, I'm not too focused to gamble only about twice a week I go to site dice.

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NIEX_88
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April 24, 2018, 01:12:47 PM
 #116

In the crypto world I prefer to be a trader rather than a gambler because the trader is the same as trading. Which one we buy coin when the price is cheap (according to our estimates) and sell it when the price is high or when the profit from the coins we buy it is considered enough by us. Besides gambling is something that is prohibited according to my religion and according to my own state regulations.

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April 24, 2018, 01:43:04 PM
 #117

I would rather prefer of course trading. Even you are a newbie you can start there while studying about it. Then you can start at small amount of capital in buying in the platform I think at least 0.005BTC Tha's a good start anyway, in kucoin, Bittrex, Binance, coinbene and others.
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April 24, 2018, 01:47:16 PM
 #118

There is not a single person out there who goes into trading with the thought "I should lose at this" which makes your original statement obviously true. What isn't spoken about though is the effort given by all the market participants. It is fair then once you consider both factors that only a handful of individuals win at this, because only a handful of individuals put in the time and effort that is required to win.

The problem with your last statement is that "time and effort" is not exactly a recipe (because there is none) for earning money with trading.

Sure you can learn TA or charting or whatever all those trading tools are but in the end, crypto is highly volatile and one false piece of news can screw you or your trading patterns. This is why trading is like gambling.
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April 24, 2018, 01:51:39 PM
 #119

I would prefer trading over bitcoin,  since I know a lot of people at casino, and they also promote e-games, they do sometimes rig the machine in order for one player to win, then they will all share the winnings, I just do not know about gambling bitcoins, if they do the same, because if the casinos today managed to do it, there is a higher possibility when it comes to gambling with bitcoins, since most of us who are into crypto currency knows a thing or two on how beat the system, thus the reason why some exchanges are being hacked, but I still go for trading, it is much secured, and it is less likely to be manipulated, except for the price of coins, once a whale is active.
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April 25, 2018, 10:09:22 AM
 #120

High profit could be high risk, but that isn't a stupid concept that you will just continue risking a lot to get a high profit. That is a common misconception that traders thought that they will get more gains if they risked a large amount of their capital. It is our consciousness that makes us think that we should go for it and risk it in order for us to get higher returns.  I had traded quite a while, and risks becomes a scary story when you don't know how your trades will end up. Satisfaction is a feeling though if you got any sense of gain in your trades in the way that it makes you greedy, but that is where trap is planted though.
Trading is best against gambling. It would be better if we compare trading with other investments instead of gambling. The gambling is a very risky and tough as compared to trading is some else and gambling is something else. Trading is a very good opportunity for those who are with less money and want to use in business then trading is a good suggestion for them. On the other hand gambling is a very risky game.
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