LogitechMouse
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May 06, 2018, 01:36:27 PM |
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I see trading like gambling too but in a different way because you throw your money into it and then if you are at a perfect time then you sell it. The difference for me between the two is gambling is pure luck and even a noob person as long as he/she got the money then he/she can participate in gambling whilst in trading, you need information and knowledge in order to succeed and in order for your money not to be loss.
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zxl912157
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May 06, 2018, 01:54:46 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.
If trading is talking about luck and decision making otherwise if gambling is just a luck and a misfortune. So obviously for people who want to get the money fast, trading is the most appropriate way but to be a trader is not easy because it requires patience and the right decision at the right time. If you can not control yourself then you will lose.
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squatz1
Legendary
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Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
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May 06, 2018, 07:31:43 PM |
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I see trading like gambling too but in a different way because you throw your money into it and then if you are at a perfect time then you sell it. The difference for me between the two is gambling is pure luck and even a noob person as long as he/she got the money then he/she can participate in gambling whilst in trading, you need information and knowledge in order to succeed and in order for your money not to be loss.
But what separates gambling and investing in crypto? It seems that here in crypto we are pretty much throwing our money at a horse at the tracks that is 500 to 1. Plus the fact that day trading is pretty much more of luck and a LOT less skill then people make it out to be. I don't understand why people think that they're investors here we're all gamblers with different time frames on when we're going to fold and take our profits (or losses) home.
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Uno17
Member
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Activity: 322
Merit: 12
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May 06, 2018, 11:13:36 PM |
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Being a gambler is a choice in life, but for me personally i prefer to be a trader because there is a bigger chance to become rich, if a person decides to be a trader, meaning he is ready technically and emotionally, if there are times of losing it is only normal to encounter loses also but definitely you will learn from the wrong moves and calculation, but at least in trading there is at least a pattern and calculations to be realized, while in gambling it is more on luck only, sometimes mathematics is applicable too but it is really more in relying luck😊
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metribitcoin
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May 07, 2018, 02:33:08 AM |
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I think all here want to be a professional trader who possible to make profit by consistent. If you want to become successfully trader, you have to pass through the process, learn from the previous mistake and also learn how to control the enemy in our self those is greedy, not patient and not dicipline. To become pro trader we should understanding price action of crypto so we will know when the best time to entry and out from the market.
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luckyluigi
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Activity: 239
Merit: 10
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May 07, 2018, 04:45:37 AM |
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This seems logic for me, that gamblers can have some fast and big income, but in terms of long profit they loos positions
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joelcruzcrypto1234
Newbie
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Activity: 2
Merit: 0
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May 07, 2018, 05:02:25 AM |
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I think Trader is much better than gamblers because in trading you can gain profit everyday and you're not lossing because in trading you can hold your coin to not loss your money. In gambling yes you can gain profit but you cannot hold unlike trading.
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tegaisaffluent
Newbie
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Activity: 266
Merit: 0
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May 07, 2018, 05:06:09 AM |
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Gamble means a significant risk, undertaken with a potential gain. To me every thing that is done without anybody being able to control the outcome is a gamble. For you to make financial profit in cryptocurrency market, you have to take the risks so it is gambling.
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ace4549
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May 07, 2018, 10:13:42 AM |
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Trader is better to choose than to gamblers because in two of them the trader has a reliable source of information in terms of conducting research about this kind of business especially in being profitable.
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swscowods
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May 07, 2018, 10:41:49 AM |
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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.
Trading has a clear edge over gambling. Gambling is a game of losers, those who believe in gambling are the ones who don’t believe in their powers and strength to earn for them. They are those who are after shortcuts than following the right paths of making money. I have never tried gambling and the reason is that many gamblers have already ended up in suicides and financially. Trading is at least not that destructive.
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oceantiger
Jr. Member
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Activity: 308
Merit: 8
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May 07, 2018, 11:08:34 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.
True and quite true. The best way is for you to learn and practice trading before you go life. When you learn the art of trading you will be taught the rudiments of having daily trading plan, not to trade against the trend, do not revenge trade and you must have a mentor. If you follow your plan you will be fairly successful.
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henmark
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May 08, 2018, 09:22:14 AM |
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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.
There is a lot of difference in trading and gambling. A gambler tries a short cut way to earn more and more money, while trader will have to wait for some time to make money. One is good for be successful in the future. Gamblers can lose all their savings and almost everything in gambling, like property, house. You should look the end of both sectors.
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IsabelCornd
Newbie
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Activity: 154
Merit: 0
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May 08, 2018, 12:44:31 PM |
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Trading for unskills person is educational guessing, O always hear how people losing a lot of money because of different stupid mistakes. They just don't like to learn from mistakes.
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denisaardelean
Member
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Activity: 322
Merit: 10
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May 08, 2018, 01:08:45 PM |
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I think trading is more like similar to gambling but not in a manner that you lose it all if you sold your assets in wrong timing. But if you're doing gambling its a huge difference between doing the trading job. That makes the difference. This one factor is dominant over all the other factors that you are talking about. Like you have said, this lucky thing effects so amazing when we talk about gambling but if you are unlucky someday
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alibaba93
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Activity: 294
Merit: 10
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May 08, 2018, 01:08:57 PM |
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Trader and gamblers are almost the same we really need to overcome our fear in order for us to gain a huge amount of profit. Bitcoin is amazing coin to be trade and if we are going to trade we also need to decide in a prudent way for us to gain and not to loss an amount of profit or maybe capital. 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
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bealjulian
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Activity: 238
Merit: 10
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May 08, 2018, 01:09:08 PM |
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Trading is very risky specially if your in crypto currency, but the good thing is you can manipulate your profit by reading a lot of strategies about trading. Unlike gamling it's all or nothing games, if you make a mistake you can never retrieve your profit anymore. I will confirm you are trading if you're using tools such as technical indicators and also updated information regarding the cryptocurrency you are trading, to know and decide on the step to take
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tungaqhd
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May 08, 2018, 01:59:30 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.
They are both risky and can make you become rich very quick. But i prefer trading than gambling because with a good strange, you can win easily.
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otundebis
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May 08, 2018, 02:05:09 PM |
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Trading and gambling may almost look as if they are the same, the truth however is that both trading and gambling are totally different. Trading rely on skills and gambling require the same. But the skill set are different and it's ever changing particularly for trading.
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ictin
Full Member
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Activity: 258
Merit: 100
Look ARROUND!
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May 08, 2018, 02:06:00 PM |
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lol. u still can win by use good strategy on gamble. let's say poker. this is a sport game if u mean gambler like black jack or something like that so I sr
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V-t.Ester
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Activity: 532
Merit: 25
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May 08, 2018, 02:12:34 PM |
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Maybe, traders have smth similar with gamblers. Especially if to notice that usually traders play on exchange marketsь (on rate of exchange: on all this increases and decreases of currencies or stocks). These even called stock market game.
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