Strongkored
Legendary
Offline
Activity: 2884
Merit: 1112
Vave.com - Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 24, 2021, 06:59:33 AM |
|
It seems like that, a lot of young investors start their investment without adequate knowledge, actually there are many sources to learn about investment but many are reluctant to learn it and usually they are like that because they are more focused on profit even though by studying the investments we choose, it will be possible for us to reduce the risks or we can more carefully to choose the investment.
|
|
|
|
wajik-tempe
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 24, 2021, 07:28:35 AM |
|
It seems like that, a lot of young investors start their investment without adequate knowledge, actually there are many sources to learn about investment but many are reluctant to learn it and usually they are like that because they are more focused on profit even though by studying the investments we choose, it will be possible for us to reduce the risks or we can more carefully to choose the investment.
Most of young people are always aiming for quick profits and don't want to earn more knowldege about cryptocurrency and blockchain that's why the amount of liquidated assets is much more increasing than last year, because this year there are a lot of new young investors who trade at future markets and just rely on their luck when entering trades. This is actually pretty bad for crypto image on the social, because most of the young man when they are having a loss they will post the result on their social media just like they are losing for a gamble.
|
|
|
|
geegaw
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 24, 2021, 02:58:11 PM |
|
It seems like that, a lot of young investors start their investment without adequate knowledge, actually there are many sources to learn about investment but many are reluctant to learn it and usually they are like that because they are more focused on profit even though by studying the investments we choose, it will be possible for us to reduce the risks or we can more carefully to choose the investment.
Most of young people are always aiming for quick profits and don't want to earn more knowldege about cryptocurrency and blockchain that's why the amount of liquidated assets is much more increasing than last year, because this year there are a lot of new young investors who trade at future markets and just rely on their luck when entering trades. This is actually pretty bad for crypto image on the social, because most of the young man when they are having a loss they will post the result on their social media just like they are losing for a gamble. The most sensitive is still the period that transitions from green areas to red areas recently, lots of bad images of total account slamming from futures markets to getting split five to ten times in totally junk projects, most of them are in a depressed state with an urgent signal but the community can only sympathize and explain this very unwise action. This year there has been so much optimism that new generations have followed this inertia without a little more fundamentalism, investment and trading have since become an extremely new and even more stimulating gamblingism thanks to coin meme and a series of game projects.
|
|
|
|
palle11
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 24, 2021, 04:24:56 PM |
|
It seems like that, a lot of young investors start their investment without adequate knowledge, actually there are many sources to learn about investment but many are reluctant to learn it and usually they are like that because they are more focused on profit even though by studying the investments we choose, it will be possible for us to reduce the risks or we can more carefully to choose the investment.
I think that the spirit of hard work is dying off and people don't spend time to know what they are putting money into but just to invest best someone else has done likewise like they are gambling a chance for profit. This is why many have been scammed because they rush to invest without thoroughly scrutinizing the process more like gambling the chance to trying there luck.
|
|
|
|
Sihab76
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 24, 2021, 10:40:42 PM |
|
Of course new generation of investors preferring more into gambling section because recently most of the projects launching on gambling and Play to earn . They are passing their time by spending gambling and Play to earn gaming platforms.
|
|
|
|
bittraffic (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2021, 01:52:44 PM |
|
Yes it’s more of less gambling. If you were ever reading any of the WSB you can clearly see that these people have no idea what they are doing.
They basically YOLO all their money on some options contract that expires in less than a week. And sometimes they get lucky and turn $3K into like $30K and do it over and over until they go bust.
Kind of like crypto traders go 100x leverage trading Bitcoin.
This is if they got lucky. It rarely happens and sometimes it's going to give someone a good start to do something where he is good at and not pursue something he has no idea. Or the money will just plush out after. Leverage trading is not really for someone who has no idea. That's why it's close to being gambling and can lose all funds instantly particularly for newbies. The one thing that makes Robinhood dubious is they approve newbie traders.
|
|
|
|
blockman
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2021, 02:00:56 PM |
|
Of course new generation of investors preferring more into gambling section because recently most of the projects launching on gambling and Play to earn . They are passing their time by spending gambling and Play to earn gaming platforms.
You got it wrong about investing and gambling. Investors could also be gamblers but gamblers are gamblers. They could have other investments and they can take more risk than the usual person who seeks investments. But investors, they won't be called investors if they don't have a lot of experience in investing and the new investors, we don't know what most of their backgrounds.
|
|
|
|
savetheFORUM
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2021, 06:46:48 PM |
|
Investors could also be gamblers but gamblers are gamblers. They could have other investments and they can take more risk than the usual person who seeks investments.
Even investors may go for gambling because they are having enough time to correct the mistake if anything goes wrong whereas traders should not gamble because the time frame is very small and they may get enforced to exit at stoploss. In my opinion, traders also be gambler and not investors but gamblers cannot be traders or investors just through gambling. they won't be called investors if they don't have a lot of experience in investing
After bitcoin, I would say that your experience will be least bothered; you can gamble with bitcoin investments but the only catch should be, you must need enough patience which may last up to 4 years as well.
|
|
|
|
sana54210
Legendary
Offline
Activity: 3262
Merit: 1128
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2021, 09:30:06 PM |
|
I have to be honest and say that many people imagined crypto to be gambling as well. This was of course at first, and now it is seen as a regular investment. You may see contracts a sort of way to gamble your money away, but 99% of the time either one side or the other wins a lot of money.
It means that yes there are some who lose a lot of money but there are also others who earn a lot of money whenever price moves up or down. This shows that it could be a bit like gambling but also not like gambling, there is no "house" here that takes your money, it is the other people who do. So, this could be considered like "poker" instead of something like blackjack. In poker you lose but some other player wins and the house gets a small rake instead of playing against players. So crypto could be considered a bit like gambling, but only the poker kind.
|
|
|
|
crzy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2021, 09:40:05 PM |
|
Of course new generation of investors preferring more into gambling section because recently most of the projects launching on gambling and Play to earn . They are passing their time by spending gambling and Play to earn gaming platforms.
I don’t think so, because they are very few new projects about gambling so technically many are still on a different market and not just with gambling. New traders becomes a gambler once they fail on their trade and became greedy, we should know the risk of gambling and trading, they are both ok but different in risk level better to go for what you think is necessary for you to succeed and have profit.
|
|
|
|
DoublerHunter
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2021, 09:57:01 PM |
|
It seems like that, a lot of young investors start their investment without adequate knowledge, actually there are many sources to learn about investment but many are reluctant to learn it and usually they are like that because they are more focused on profit even though by studying the investments we choose, it will be possible for us to reduce the risks or we can more carefully to choose the investment.
^That is why they gamble their money into new projects even though they had a lack of knowledge of it because of hoping to gain x amounts of profit even though they know it is a hype project. This is because of pure greed, they want an easy way of gaining profit without even having enough idea of what they are invested in and how it will work. That happens because most of them want to have profit in a short period of time they are willing to risk that. But I think it is better to risk and gamble your money into a new project without knowing anything than gamble your money in a gambling casino with zero knowledge.
|
|
|
|
Quidat
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2021, 09:59:13 PM |
|
It seems like that, a lot of young investors start their investment without adequate knowledge, actually there are many sources to learn about investment but many are reluctant to learn it and usually they are like that because they are more focused on profit even though by studying the investments we choose, it will be possible for us to reduce the risks or we can more carefully to choose the investment.
^That is why they gamble their money into new projects even though they had a lack of knowledge of it because of hoping to gain x amounts of profit even though they know it is a hype project. This is because of pure greed, they want an easy way of gaining profit without even having enough idea of what they are invested in and how it will work. That happens because most of them want to have profit in a short period of time they are willing to risk that. But I think it is better to risk and gamble your money into a new project without knowing anything than gamble your money in a gambling casino with zero knowledge. Simply greed and if you do make things control you then you would really be committing out mistakes into your investment which it shouldnt really be done by someone if you are really that serious on finding with profits. Dont make yourself in haste when making out decisions because this is where you do able to rush up things on making decisions which it isnt really that idea if you do ask me. Sooner or later they would really be finding the reality on how it do works and would make out those realizations and would become a better investor or trader later on.
|
|
|
|
blockman
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2021, 10:08:44 PM |
|
Investors could also be gamblers but gamblers are gamblers. They could have other investments and they can take more risk than the usual person who seeks investments.
Even investors may go for gambling because they are having enough time to correct the mistake if anything goes wrong whereas traders should not gamble because the time frame is very small and they may get enforced to exit at stoploss. In my opinion, traders also be gambler and not investors but gamblers cannot be traders or investors just through gambling. Well, on the other hand, there are the traders that gambles too in the market. Like the margin trading, it's an actual gamble that they do. they won't be called investors if they don't have a lot of experience in investing
After bitcoin, I would say that your experience will be least bothered; you can gamble with bitcoin investments but the only catch should be, you must need enough patience which may last up to 4 years as well. Change it into investing into bitcoin rather. That patience shouldn't have the time and range, as long as it can last long, I think that's the most important thing.
|
|
|
|
Luqman
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 25, 2021, 11:27:43 PM |
|
However, this does not generalize everything, there are some people who are also serious about learning from scratch and becoming traders.
I agree. Not all new investors join crypto investments with improper knowledge (less knowledge). Some of them are serious to learn about crypto first before they really buy any crypto coins. Those people who learn seriously at the beginning, probably have enough knowledge to trade or invest before they make plans and take some actions. I have some friends who are beginners in crypto investment, but they have a good understanding of crypto and have sufficient knowledge. They don't look like a new generation to gamble in crypto investment.
|
|
|
|
jostorres
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 26, 2021, 02:48:30 PM |
|
New traders becomes a gambler once they fail on their trade and became greedy, we should know the risk of gambling and trading, they are both ok but different in risk level better to go for what you think is necessary for you to succeed and have profit.
Unfortunately no traders could get only success in trading which means at some point every trader might be becoming too greedy or emotionally failed and that is the point where traders are becoming gamblers. When you are not emotionally stable then you will never bother about risk levels and the difference between trading and gambling and most probably you will start doing your trading in gambling methodology. Those people who learn seriously at the beginning, probably have enough knowledge to trade or invest before they make plans and take some actions.
Yeah, always those people who value their money will remain dedicated and serious hence while preparing for trading, they will try to master all the techniques to make profits from trading. These types of traders will never gamble in the name of trading.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
LUCKMCFLY
Legendary
Offline
Activity: 2520
Merit: 1872
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 27, 2021, 08:47:30 PM |
|
Some of them are already knowledgeable about the internet and of course, they are young they have their full confidence to make a risk than others, and gambling is more ideal to deal with than trading because it does not require a lot of technicalities and understanding how it works. In gambling just wage your assets and wait for your luck and strategy to win the game its ideal for me to play safe with the card games and sports/e-sports game than risking my funds into a slot game but it has higher rewards.
You are right, really slots turn out to be one of the best games that casinos offer, but what it produces is without a doubt if there is no control it is the vice, of being all day glued to the slot machine always looking for a profit or a good multiplier that recovers everything that has been spent in hours, and that is dangerous, because every time you want to continue playing and playing, that is why when I play slots in casinos what I do is have a small balance available to lose, but on the condition that I have a lot of fun, so I'm not looking to make money, but to de-stress.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Wawa2013
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 27, 2021, 09:20:37 PM |
|
However, this does not generalize everything, there are some people who are also serious about learning from scratch and becoming traders.
I agree. Not all new investors join crypto investments with improper knowledge (less knowledge). Some of them are serious to learn about crypto first before they really buy any crypto coins. Those people who learn seriously at the beginning, probably have enough knowledge to trade or invest before they make plans and take some actions. I have some friends who are beginners in crypto investment, but they have a good understanding of crypto and have sufficient knowledge. They don't look like a new generation to gamble in crypto investment. I think there are very few new generation of investors who are really serious about learning how to invest in crypto well. So if your friends are people who want to learn about crypto first before deciding to invest, it's something that everyone should be doing. I am sure your friends will become successful investors or traders in the future. Because most newbies just want instant results, without going through a long process. So it's not surprising that many newbies lose all their capital when they first invest in crypto. Because they like gambling when investing, that's why some people consider crypto investing the same as playing gambling. Even though they themselves are too lazy to learn everything about the crypto world, in order to understand how the crypto world works.
|
|
|
|
CryptoWebDirectory
Jr. Member
Offline
Activity: 152
Merit: 6
HODLer
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2021, 10:13:50 AM |
|
I would have to say the simple answer to that appears to be yes. Maybe the YOLO trade was around before, but I had never heard of it until WallstreetBets. Options are nothing new and have always been a gamble, but it seems like more of the younger generation is willing to go "all in" with options calls/puts in hopes of hitting it big. I can't count how many YouTube videos I've seen of WSB people losing huge sums of money (significantly more have lost than made it to the milly mark). I'm sure these type of people have always existed, but probably not as many as there are today..
|
Check these out: $CHR | $MNFT | $ULAND | $TREES
|
|
|
South Park
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2021, 05:15:37 PM |
|
I would have to say the simple answer to that appears to be yes. Maybe the YOLO trade was around before, but I had never heard of it until WallstreetBets. Options are nothing new and have always been a gamble, but it seems like more of the younger generation is willing to go "all in" with options calls/puts in hopes of hitting it big. I can't count how many YouTube videos I've seen of WSB people losing huge sums of money (significantly more have lost than made it to the milly mark). I'm sure these type of people have always existed, but probably not as many as there are today..
I think part of that can be attributed to the nature of this market, in other markets in order to be able to invest in them there are a lot of obstacles that you need to overcome, with one of them being that you need a certain amount of money just to have the chance of investing in the market, however in the market of cryptocurrencies this is not true, as long as you have some money and a computer with Internet you can become an investor, this means that people without the necessary knowledge are investing in the markets, and since they do not know what they are doing then they are taking all kind of crazy risks that experimented traders will never take.
|
|
|
|
nelson4lov
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 28, 2021, 10:57:48 PM |
|
I don't know about other markets but trading crypto markets have been compared to gambling for along time and the high volatility supports that theory. The biggest increase was in 2020 and 2021 that saw both old and new investors take the degens pathway. I mean, you'd have to consider things like investing in a low cap crypto or purchasing a bunch of JPEGs NFTs. ^Snipped
I agree. Not all new investors join crypto investments with improper knowledge (less knowledge). Some of them are serious to learn about crypto first before they really buy any crypto coins. Those people who learn seriously at the beginning, probably have enough knowledge to trade or invest before they make plans and take some actions. I have some friends who are beginners in crypto investment, but they have a good understanding of crypto and have sufficient knowledge. They don't look like a new generation to gamble in crypto investment. This is true. But I think its only a handful of new crypto investors actually take the time to learn and do research. Most just needs everything to be laid out for them and it doesn't work that way.
|
|
|
|
|