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Author Topic: Trader or Gamblers.  (Read 2352 times)
btcformula
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August 14, 2018, 03:23:18 AM
 #561

It's very much hard to stop us from daily trading & daily profit. Daily profit is  very lucrative though very risky. Without understanding the market it's night mare. without understanding doing trading is one type of gambling
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August 14, 2018, 04:19:17 AM
 #562

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.
First, what you mean about you are fighting against yourself, I know that in trading we decide what steps to take but it does not mean we are fighting against itself. In my opinion it's better to trade, there are a lot of things that are detrimental from gambling, starting from addiction, putting up with losing everything. I do not deny both of them have a very big risk, and many say they are almost the same.

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August 14, 2018, 04:42:08 AM
 #563

The first and only rule 4th that should guide trader and investor is to know how to be greedy.  If you are too greedy,  you will lose., if you  are not greedy,  you will not make decisions that will lead to food profit!

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August 14, 2018, 05:24:06 AM
 #564

Gambling is a sin and you shouldn't do that. Even though you earn something from it, that's just not a good idea to earn money. There is lot of ways to earn money, but please don't gamble it just make you worse. I'd recommend trading even though you are keep losing your money, but hey at least you do something rather than rely on your luck.
Yeah I think gambling is a place to have fun, not a place to make a profit, especially as a main income, I won't forbid you from
gambling, but if you are too dependent on gambling, I'm afraid you will become addicts, and it will make you lose for a long-term
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August 14, 2018, 10:20:41 AM
 #565

If you are not scared of the risks then gambling is the thing for you.
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August 15, 2018, 08:14:55 PM
 #566

It's depends what of point of view. Trader and Gamblers is same for me, Just for me. If you trade a specific coins you will make Gamble if the coins will going Up or Downs. Maybe It's same for me Smiley.

For me, trading and gambling are two different things. Yes, the gambler can get a jackpot if he is extremely lucky but in most cases, he loses. A trader is a skilled professional that works all the time.
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August 15, 2018, 09:38:32 PM
 #567

well in this market you have to follow the flow and not swim against it. There is that most crucial part wehere you should decide to take off your emotions and make logical decisions or be a victim of them,
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August 16, 2018, 01:15:33 AM
 #568

I prefer trading versus gambling because in trading you can taught your self to know how to trade and you can see if you will earn in that certain trade while in gambling, you will bet your money without the assurance if you will win.
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August 16, 2018, 01:56:35 AM
 #569

Between Trader and gambler is very different, trader has trading plan and management of risk and money but gambler does not have it. Gambler possible to make profit 100% aday but in others day they will loss more than that, but trader can make profit by consistent in monthly because they can reduce the risk and avoided big loss.

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August 16, 2018, 02:09:11 AM
 #570

Between Trader and gambler is very different, trader has trading plan and management of risk and money but gambler does not have it. Gambler possible to make profit 100% aday but in others day they will loss more than that, but trader can make profit by consistent in monthly because they can reduce the risk and avoided big loss.
Yes, that's true, where gambling won't make you rich. the money is not useful for positive activities. will only be wasted soon. different from treding, trading we must be observant, buy at low prices and sell at high prices. if it continues like that then profit will come. and if there is a loss, we can hold it until the price returns high.
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August 16, 2018, 03:39:56 AM
 #571

Between Trader and gambler is very different, trader has trading plan and management of risk and money but gambler does not have it. Gambler possible to make profit 100% aday but in others day they will loss more than that, but trader can make profit by consistent in monthly because they can reduce the risk and avoided big loss.
Yes, that's true, where gambling won't make you rich. the money is not useful for positive activities. will only be wasted soon. different from treding, trading we must be observant, buy at low prices and sell at high prices. if it continues like that then profit will come. and if there is a loss, we can hold it until the price returns high.
I think it is somehow the same, both need to take risk, you need to take risk in order to win. Gambling isn't just luck, you need to be observant too, games like sportsbetting and poker especially, don't fall for enticement, be clever.
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August 16, 2018, 04:04:50 AM
 #572

Gambling is a sin and you shouldn't do that. Even though you earn something from it, that's just not a good idea to earn money. There is lot of ways to earn money, but please don't gamble it just make you worse. I'd recommend trading even though you are keep losing your money, but hey at least you do something rather than rely on your luck.
I don't think that gambling is a sin and we shouldn't do it. I mean having affairs is also considered as sin and Gods also used to have more than one wife so they were also committing sins. But it's upon the person that is doing it that whether he considers gambling as a sin or not, so it doesn't matter what you think.
gambling is a sin and that depends on the conviction. I think trading and gambling not much different, especially if trading without knowledge is the same as gambling all depends on luck.
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August 16, 2018, 05:44:16 AM
 #573

Until now I like the work of traders, the work of traders makes me eager to work, if I want to succeed, I work hard and have to do everything I can, the job of trading interested people is a lot, if trading together it will definitely be profitable.

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August 16, 2018, 06:31:37 AM
 #574

I agree with you. A trader who wants to succeed must first control his emotions and discipline himself. However, most trades are often disciplined and emotional rather than disciplined.
Not all traders are emotional and we see that large number of traders are benefiting here without any difficulty or mistake as they have learned about it. Yes there are traders make emotional decisions which result badly and do not maintain the market discipline and rules that help you handle overall procedure.

Get benefit of trading by controlling your emotions and by following the market rules and principles that will make your way straight towards your destination.

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August 16, 2018, 06:42:45 AM
 #575

Until now I like the work of traders, the work of traders makes me eager to work, if I want to succeed, I work hard and have to do everything I can, the job of trading interested people is a lot, if trading together it will definitely be profitable.

I do agree with you that you are showing so much interest towards trading, trading is a different kind of way to make profits but at the same time there is huge risk involved in it, every trader will not emotional towards the market he will always trade the coins in a safe way to make profits.
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August 16, 2018, 06:48:40 AM
 #576

If I can do both I think it will be better, both have different risks and of course gambling has a greater risk. In trading even though you lose but you still have a few percent of that, in gambling if you lose then it will go away without anything left in your wallet. So if you don't want to take risks then it would be better just to trade.

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August 16, 2018, 06:55:41 AM
 #577

I do both trading and gambling, but of course I have my own limit on both activities especially gambling. Trading is absolutely better than gambling if we know how to trade, gambling is just a pure luck and it has higher risk to lose money. So my bankroll for trading is always greater than my bankroll for gambling. I use gambling to release stress of my daily activities, I usually gamble on the weekends only while I do trade more frequent.

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August 16, 2018, 06:58:16 AM
 #578

If I can do both I think it will be better, both have different risks and of course gambling has a greater risk. In trading even though you lose but you still have a few percent of that, in gambling if you lose then it will go away without anything left in your wallet. So if you don't want to take risks then it would be better just to trade.

I wouldn't completely agree with that. Trading could be also very risky without any guarantee that you will profit anything and in trading there is also possibility to lose everything.
But still to my opinion trading and gambling are two different categories and despite some similarities I wouldn't compare then.
But it's only up to you how will you handle the risk and in both, trsding or gambling, you have to know your limits and how far can you go.

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August 16, 2018, 07:10:53 AM
 #579

If you have money you like to play or you like to invest? I like investing because the investment will give me long term profit and we will quickly get profit after investment but importantly I must know choose coin to invest
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August 16, 2018, 07:35:11 AM
 #580

gambling is more profitable but trading is more certain and not sinful in my opinion
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