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Author Topic: Trader or Gamblers.  (Read 2426 times)
Tenderino
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May 03, 2018, 11:58:45 PM
 #241

How can I decide if I will win or lose? I make a decision like I will buy coin X at price Y. But thereafter I can not decide what other traders will do and if I will make money or not will depend on what other traders will decide. The only thing I can decide is if I will listen to others or to my stomage or if I will make a detailed analysis prior to my investment and increase the chance of success immensely.
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May 04, 2018, 12:48:29 AM
 #242

I prefer trading, although it is not certain profit or loss, at least I have steered away from gambling, and I do not want to gamble here, I want to find a halal course.

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Getmon
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May 04, 2018, 01:10:07 AM
 #243

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.

Sometimes it is not really yourself but the market. It is like you are trading against the market. We cannot deny that there are seasons in which almost all coins are falling down. With this, no expert trader can avoid any loss. Just recently, such market took place in the first quarter of this year. Everything was red for straight days and even weeks. A lot of crypto traders who I know even took a little break.

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deppil
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May 04, 2018, 01:23:48 AM
 #244

I obviously prefer to play a trader rather than gamble because when you gamble and you lose your assets instantly disappear instantly while if you play trading then when you experience a loss you will not immediately lose your assets if you have not sold the assets you have at a cheap price.
yeah because it's almost impossible for one coin prices to fall 100% so you will not lose as what you get when gambling. I think the risk to trade is also much smaller than gambling because it depends not only on luck but there are many aspects that affect win such as skills, knowledge and experience
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May 04, 2018, 04:06:02 AM
 #245

I myself if the trading should be smart to analyze a chart. If there is no loss and loss. But if you have profits in trading then just sell and do not get greedy. Because the price is very volatile
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May 04, 2018, 04:12:34 AM
 #246

gambling or trading are same, just the name
C. Bergmann
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May 04, 2018, 05:27:34 AM
 #247

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.

Well there are the same though it has risk though and for me I prefer as a trader on gambling you can encounter but then again the factors of gambling and trading is the same.

You only need to be optimistic at anytime , you must do some basic review if you are wise , having some second thought will reduce the fact of having a loss , and also not to be greedy , remember that the price is very volatile.


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liseff3
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May 04, 2018, 05:48:05 AM
 #248

gambling or trading are same, just the name

Decisions in life are the same as gambling because nothing is certain, then people can only make decisions based on what they know and in fact everyone is just gambling based on what he knows.
But one thing you need to know, even if a group of people make the same decisions, but they do it based on different levels of information and knowledge which in line with what they know.
So anyway trading is better than gambling, because the direction of success is predictable and in spite of all losses it can be minimized to as small as possible.
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May 04, 2018, 06:20:05 AM
 #249

Trading is a sharp contrast to gambling they are completely different to each other the former involves proper charting analysis coupled with fundamental analysis backed up with a perfect trading strategy while the latter is betting against an odds whose chances of winning is 50% with all the decisions taken are based on predictions.

Wilsonong222
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May 04, 2018, 06:32:17 AM
 #250

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.

Sorry dude these are the common misconception in trading and gambling. Gambling is for entertainment while you have the possibility of earning or losing depending on game you are in. While trading is purely for wealth accumulation you are given a chance to earn and lose depending on the skill set you are able to sharpen. As you notice, risk of losing in gambling is very high because there are game which the probability of winning is 1/50,000 chance. While in trading; if you were given chances to master the art of exchange. And if this was mastered, it will surely give you a lot of fortunes.

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barbara44
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May 04, 2018, 11:54:53 AM
 #251

gambling is full of uncertainty, and surely you will get more defeat than a victory because fully gambling depends on luck. so I prefer trading, in trading, there is no loss if you can patiently hold it because in the end, the coin will bounce back.
If you have no fear of losing of your money and that you want to waste your money without getting any positive results, then you can go for gambling. Otherwise, there is nothing good which gambling can do for you and that you will only lose your money. It is better to learn the things first and then step into trading as this will help you in having a better chance of making some good earning.
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May 04, 2018, 05:15:06 PM
 #252

gambling is full of uncertainty, and surely you will get more defeat than a victory because fully gambling depends on luck. so I prefer trading, in trading, there is no loss if you can patiently hold it because in the end, the coin will bounce back.
If you have no fear of losing of your money and that you want to waste your money without getting any positive results, then you can go for gambling. Otherwise, there is nothing good which gambling can do for you and that you will only lose your money. It is better to learn the things first and then step into trading as this will help you in having a better chance of making some good earning.
Fear losses are common for both gambling and trading. But the chances of losses is significantly less with trading against gambling. Learning will help anyone to eliminate unexpected losses from trading whereas in gambling, your experience nor knowledge will not help to eliminate the losses.

I have not seen a gambler who would come out to say they have benefited a lot from gambling and even if there is any, it is just not a consistent thing since it is never a work, neither is it an investment for profit making. Gambling is a game and one thing that makes trading different is that even though you are making predictions, the sure thing here is that, with knowledge you always know what to do every time and you do it well to earn not by playing game.

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May 04, 2018, 05:21:06 PM
 #253

Your statement is 50% true. But the market is more difficult than just an internal struggle. There are winners and losers in the market. If someone lost money, then someone got the money.  Cry
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May 04, 2018, 05:27:43 PM
 #254

Trading is a big work on yourself. Here the main role is played by the availability and analysis of the situation, in contrast to gambling, where everything is decided by chance.
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May 04, 2018, 05:58:57 PM
 #255

I think gambler always takes the risk to gain anything but trader always are seeking the opportunity through the market mechanism. That's why traders are much efficient than the gambler.
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May 04, 2018, 07:21:00 PM
 #256

I think gambler always takes the risk to gain anything but trader always are seeking the opportunity through the market mechanism. That's why traders are much efficient than the gambler.
For me, life will be worthless if we will just do gambling at all, I would rather risk my money in trading rather than in gambling that would lead you to addiction if you are doing it regularly which leads to habitually and addiction so I would never recommend gambling.

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May 04, 2018, 08:27:50 PM
 #257

Yeah trading would take into account the risks and you would want to make sure that you are not risking the whole house, so to speak.

Gambling... would be just going in hoping for a big win without any research I suppose.
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May 04, 2018, 09:02:28 PM
 #258

OP has justified human nature at best as no one forces anyone to join trading, it is human greed which attracts them for more profit and invest in other coins in hope of getting rich as fast as they can. there are numerous people who have their success stories regarding earning in trading but what we forget to see is their success and hard work in achieving that success.  If you really want to trade then choose a good coin and have faith after you invest until the coin is declared scam and set you stop point, so that you don't start to gamble with your money in hope of more.
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May 04, 2018, 09:25:24 PM
 #259

Trading is also like a gambling the only matter is time, in trading you cant hold and wait even a few years by holding your coins and you can earn buy them even if you just let it in your wallet. Unlike gambling you need to do play and take your time in gambling before you can earn money. Both of them are risky but gambling is more risky than trading.
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May 05, 2018, 01:33:55 AM
 #260

Both of them requires risk in order to acquire profit, but in comparison trading is better, why? in trading you can minimize the risks by reading the chart Smiley
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