Journey from gambling to trading

[Ucy]

This happened to most of us especially as newbies. Learning cryptocurrency trading is very important for becoming a successful trader... Many of us ignored this important part as newbies and paid the price.
Good to know trading is working out for you now.

[Kiefner]

 I didn't know how to trade either. Thought that enough simply buy to coins and she then will help you earn big money. But I was very wrong. To invest in a coin, you need to analyze and choose the best time to buy.

[JohnBitCo]

Trading really allows you to make good money, but you need to distribute your capital very competently, otherwise you will have to wait for a long time to return to the entry point

Sometimes we can get stuck in trading if the coins move down below our buying price but it is still better than gambling where if we lose a game, all the money wagered is lost and there is no chance of recovery. A recovery in gambling can only be done if we put new money in gambling and that too is a risky thing to do.

[zhekinsp]

The people who are converting their business into different journey then there will be some decision will be made by him for his future that's why he will convert into trading from the gambling field writing most of the people don't want to make this decision in very easier situation

[Natalim]

The people who are converting their business into different journey then there will be some decision will be made by him for his future that's why he will convert into trading from the gambling field writing most of the people don't want to make this decision in very easier situation

They realize that gambling is not profitable so they'll choose to convert everything to trading.
Well, that's not my case, I am not profitable on both yet, but I will never have funds that will only be dedicated for one, I mean I can gamble and trade at the same time so I can enjoy both.

Making money in trading is hard, but gambling to make money is harder, I would not do that.
Gambling for fun, trading for serious business, that's how I do it.

[marcbitcoins]

Cryto Trading is also a gambling as we all knows that this investment is very risky due to the market price is really unpredictable but it is better to gamble in trading as i did not heard anyone that become rich because of pure gambling but i knew lot of people that become rich in trading in which learning and patience are the keys.

[CryptoPowerL]

I agree with the author. If you do not know the basics of trading, then cryptocurrencies are for you as a casino. You can only guess. You will lose all your money if you hope for good luck

[Btc_1856]

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    

Your trip maybe very interesting, right now you can only get rid of gambling and move on to trade because now trading is more profitable and you have to master the science of trading to return your assets after losing gambling.

It is a very good option for the people should migrate towards trading because gambling seems to be interesting but in most cases, it is impossible to make money but through trading, there are chances to make money through trading. With patience, there is a huge chance to make a decent profit when the market is moving in a positive direction.

[Xampeuu]

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    

Your trip maybe very interesting, right now you can only get rid of gambling and move on to trade because now trading is more profitable and you have to master the science of trading to return your assets after losing gambling.

It is a very good option for the people should migrate towards trading because gambling seems to be interesting but in most cases, it is impossible to make money but through trading, there are chances to make money through trading. With patience, there is a huge chance to make a decent profit when the market is moving in a positive direction.

gambling relies on luck, and luck will not come at any time. therefore for the gambling, of course in the end it will lose. but with trading, we will learn to manage capital, analysis, psychology, etc., so as to provide the possibility to survive in the market

[dmty.0809]

It's okay if we want to learn to trade, but with the conditions to know the risks and to minimize the risk we must remain cautious. Many ask traders experts. And for beginners it's better to just use small capital.

[emberbekas]

It takes time to understand the crypto markets but one day you also can become successful crypto trader. Gambling and trading require to have a proper risk management and without risk management I can't see any success for pro trader.

True, it takes time for traders to be better. There are many things that must be mastered to become a good trader. In addition to the ability to analyze market movements, we must have risk management, money management, psychological management and so on which of course requires time to master it. At the beginning, I do trading but only relied on luck. But as time goes by, things have gradually changed although it's still far from the word of "pro".

[Tungsten-1]

It takes time to understand the crypto markets but one day you also can become successful crypto trader. Gambling and trading require to have a proper risk management and without risk management I can't see any success for pro trader.

True, it takes time for traders to be better. There are many things that must be mastered to become a good trader. In addition to the ability to analyze market movements, we must have risk management, money management, psychological management and so on which of course requires time to master it. At the beginning, I do trading but only relied on luck. But as time goes by, things have gradually changed although it's still far from the word of "pro".

This is in fact a journey to profits to be honest. Gambling is very uncertain and in my opinion gambling in both bear and bull market is uncertain and the chances for you to make money is very low. If you win, you are lucky however on the other hand, if you are able to trade your coins, you could make some good money in trading when the market is bullish like the current.

[olamidey]

Anything done without recourse to studying and research is gambling. You're not sure of the outcome even in the future at condition. However trading looks better as you research in a good coin with a product and take a buy order and wait for it to increase in price and sell. Then rinse and repeat. The uncertainty surrounding gambling is unprecedented and unpredictable

[Victorycoin]

if you are a gambler that means you didn't need any experience and also you did not need to make any research also you should have no analysis skill. But when you are a trader you must have skill and experience and good analysis skill both on technical analysis and fundamental analysis.

[Sadlife]

I'm sure that many people have experienced the same thing and it includes me as well, and it's funny to say that I also started trading without having any knowledge on how to deal with it, no indicators, no ideas about analyzing the price action and made an entry not knowing that the certain coin i bought was already at its peak. Lol. Sometimes you really need to make a big mistake before being able to learn from it and realize that trading is not actually a place for easy money. I am not saying that everyone should make a mistake as well. Stories like this should be taken as lessons.

[yvesp110]

if you are a gambler that means you didn't need any experience and also you did not need to make any research also you should have no analysis skill. But when you are a trader you must have skill and experience and good analysis skill both on technical analysis and fundamental analysis.

Who said that gamblers do not need research and the knowledge about the area they gamble in? I do not agree. Gambling needs as much research as you need in trading. One you are experienced in trading, you do not bother a lot about the research stuff. Same goes for gambling as well. However if you are gambling at some new kind of game, you have to know what you are up to.

[Aptekary]

I think that gambling users of cryptocurrency very productively combines trade and online games.  In any case, it seems to me that personal excitement, and not something else, makes me do this.

[Bezobraznike]

   People take gambling and trading too seriously, when it`s too seriously people often get burnt. I`m crypto-enthusiastic, gambling and trading with
crypto-currencies is just a hobby for me, I don`t take it too seriously and chances for me to get burnt are very low. Avoiding financial catastrophe
is needed in gambling and trading, you can`t have a journey if you lose money all the time.
   
   

[panjul07]

if you are a gambler that means you didn't need any experience and also you did not need to make any research also you should have no analysis skill. But when you are a trader you must have skill and experience and good analysis skill both on technical analysis and fundamental analysis.

Who said that gamblers do not need research and the knowledge about the area they gamble in? I do not agree. Gambling needs as much research as you need in trading. One you are experienced in trading, you do not bother a lot about the research stuff. Same goes for gambling as well. However if you are gambling at some new kind of game, you have to know what you are up to.

But those researches in gambling and trading are completely different. I gambling, you only need to learn how the game works if you have never played it before while in trading researches and analysis are needed all the time whenever we want to do trade. Trading is more complicated than gambling, that's why it can be learned in short period of time unlike gambling where we can learn it in a matter of minutes only.
 

[Wolfwar]

One way or another, not only gambling players, but also traders, may have an addiction.  This is already proven by science.  What aspects of human activity affect this is a completely different question. But really, a gamble is almost like trading, especially if at least once someone has received good results, he will look for an opportunity to repeat this result again.