Journey from gambling to trading

[Cupomi]

When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning     

actually in the world of bitcoin buying and selling is like we do gambling, but actually it is not like that because gambling with buying and selling is not the same, if gambling we can lose all without being able to return but if we buy and sell bitcoin you can indeed reduce but not means lost and can return again if the value of bitcoin rises, we can even profit a lot if the value rises sharply.

[1715056298]

1715056298

[bisdak40]

When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning     

In gambling the chance or probability of winning is so slim that it is not worth to gamble just to earn profit. It is a good thing that you realized this early that gambling will not do good for you. Shifting to trading is a good idea but don't set your mind that you will earn profit here quickly. You have to work hard and give it some time before you earn.

[Noah14]

in gambling we need only one thing that is money

but in trading we need many things other than money,money management , emotion control , analysis , i can say Trading  is professional gambling  

[sinkfish]

either you done it professionally with studies, research, TA. else what you doing is gambling.

[skish85]

Yes, indeed, before you start trading on the cryptocurrency exchange yourself, you need to have a good level of knowledge. Many coming to this market, I think that here you can easily earn and in the end they lose money. Lucky few. Therefore, first you need to get at least basic knowledge, and then regularly improve the level of knowledge.

[horrifiedx1]

Yes, indeed, before you start trading on the cryptocurrency exchange yourself, you need to have a good level of knowledge. Many coming to this market, I think that here you can easily earn and in the end they lose money. Lucky few. Therefore, first you need to get at least basic knowledge, and then regularly improve the level of knowledge.

for people like that, of course there are two possibilities, first, they are traumatized and leave cryptocurrency, and secondly, they are curious to learn crypto, and finally they become experienced traders

[Siren]

When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning     

Well sometimes we need to lose also before learning,so don’t be afraid to gamble your money because this will teach you to become more efficient and practical traders

I have been trading in past but had stopped because of multiple losses i have experienced this burden season

But this doesn’t mean that i will permanently leave trading ,i am just waiting for good timing to re enter and take the risk of gaining again,also of losing

[yndye]

When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning     

You need losses though so that you can learn. Although you stated that you should not put your hard-earned money before learning, I don't agree with this statement because you need to put it so that you can learn and then feel how you lose so that the next time you trade, you would be careful and think of why you lose. You will eventually notice that you are slowly gaining knowledge and then develop a trading strategy that would help you make a profit in your trades or in case it is a negative result then you can minimize your losses.

[1Referee]

either you done it professionally with studies, research, TA. else what you doing is gambling.

Educated guesses based on "research" and TA are still guesses; you are either right or wrong.

The thing with trading is that most of these chart folks always have an excuse to fall back on. If they guess right it's their wonderful analysis that made them a good bit of profits, and when they are wrong it's suddenly an 'unexpected' event having made sure that their analysis didn't match. The funniest part is that you can't even blame them for their excuses because markets as speculative as the crypto market can change in an instant.

Common sense is what matters here, and it tells me that people should refrain from messing with current market for short term gains, but solely accumulate for the next leg up.

[syamster]

in gambling we need only one thing that is money

but in trading we need many things other than money,money management , emotion control , analysis , i can say Trading  is professional gambling  

You are right, if you have money you can gamble what you want but if you want to trade you will have to carry a lot of things with you at a time, in gambling only those use to win you are well experienced but in trading all those can win who have good knowledge, trading needs only to be skilled, so now a day many gamblers are now trying to become traders.

[adzino]

Just because you lost everything while trading does not make it gambling. You are right, you shouldn't have jumped into trading from the very beginning without knowing anything about the market. But this does not mean that you will not trade at all unless you have learned everything. You should actually try investing small amount of money into trading and learn from the mistakes you will be making. In fact you will be getting experience while learning.

[Slow death]

When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling

How long did it take for you to realize that you were not doing trade but make gambling?

now i am have learnt many things about trading and now making little profits

How long have you been learning and how often do you trade?

My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits

I agree, that is why I asked how long you are doing trade and how often you are doing trade

1st learn then earn...

This is the rule for all business and this includes trade

[dunfida]

Just because you lost everything while trading does not make it gambling. You are right, you shouldn't have jumped into trading from the very beginning without knowing anything about the market. But this does not mean that you will not trade at all unless you have learned everything. You should actually try investing small amount of money into trading and learn from the mistakes you will be making. In fact you will be getting experience while learning.

Trading with small amounts and losing them will just act like that you are paying tuition on learning from school and its more worthy than to pay up someone to join up some trading courses. Learning would always vary on experience rather than making yourself going full time on reading up on fundamentals rather than on actual. Losing is inevitable but we can really reduce such thing on how we gonna execute trades basing on our experience that we had faced.

[b3llsf1l3s]

When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning     

Gambling will not increase profit basically, even if we continue to profit, I am sure, the results of these profits will also run out quickly without being felt. something from gambling is, things that are quickly obtained, but also quickly run out. however we try and as difficult as that, it's better.

[Caelanpelley]

There are many people who take advantage of e-money to do illegal things like money laundering and gambling. Be careful with the deals you join. That could be a scam, you will lose money. No one can stand to help you get your money back if fraud occurs.

[Maricel2017]

There are many people who take advantage of e-money to do illegal things like money laundering and gambling. Be careful with the deals you join. That could be a scam, you will lose money. No one can stand to help you get your money back if fraud occurs.

Very hard to get money in gambling even you have lots of capital therr is a big possibility to lose it that is why for me trading method is the best way to earn money just put lots of effor to learn and to be good trader. Gambling is not a source of income it is a past time or entertainment but do not need to be addict

[xuan87]

It good for you, many people doesn't realize the importance of basic knowledge until they already lost a lot of money, and there are a lot of things to keep on learning in trading, when you already got experience and knowledge then you are no longer gambling with market

[wuvdoll]

When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning     

Most times, people who always approach trading as gambling always get to learn the hard way in the end, just that as some people get frustrated and chicken out looking for other ventures where they can make money easily, some will realize their mistakes and know that this is a world where you need to learn first before you can be able to get anything tangible out of nothing.

Trading is a ball game that requires a lot of understand of the market, what you are doing and require you to at least learn some strategy and until you are able to do that, you will basically just find out that you have so much mistakes to make in the long run and so much to lose as well unless you take the bold step to learn and practice first.

[hastag_80]

When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning     

Turning from gambling to trading is not easy at first,because maybe you can't control yourself to gambling again and doing trading,so therefore you could not doing the one things at the same time,so its better you must choose if what you must do first  if you gambling or you must doing trading investment in order to gain a good profit than to loosing in doing gambling games in crypto.

[Noah14]

Just because you lost everything while trading does not make it gambling. You are right, you shouldn't have jumped into trading from the very beginning without knowing anything about the market. But this does not mean that you will not trade at all unless you have learned everything. You should actually try investing small amount of money into trading and learn from the mistakes you will be making. In fact you will be getting experience while learning.

Trading with small amounts and losing them will just act like that you are paying tuition on learning from school and its more worthy than to pay up someone to join up some trading courses. Learning would always vary on experience rather than making yourself going full time on reading up on fundamentals rather than on actual. Losing is inevitable but we can really reduce such thing on how we gonna execute trades basing on our experience that we had faced.

starting with less capital is very good we will lose it but we can get valuable experience , it is like paying fees for market it will teaches us many things