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Author Topic: Do we gamble or trade?  (Read 923 times)
tbct_mt2
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August 22, 2022, 02:01:47 PM
 #41

Trading is very difficult to manage and get profit in long run.

You can trade and get profit in one day, one week but in long run, you will likely have loss. Most of traders have loses.

Gambling is when you open your trading position arbitrarily, no stop loss, no reason why you buy it or just because someone, some groups shill you about that. It's gambling.

If  you are luck, you can gamble and win but in long run, your luck will not be enough to give you profit.

 
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August 22, 2022, 02:25:55 PM
 #42

Trading is profitable if a trader has the the potential to reduce the risk and has the tendency to enhance the chances of his victory. It can be done with the maximum knowledge a users acquire as well as the person who desires to enhance his gain should do work hard and do not examine trading as a type of game. Take it serious otherwise it will be difficult for you to get cash back.

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August 22, 2022, 10:41:46 PM
 #43

With a mountain of competition in the trading industry of cryptocurrencies, I bet they will do this just to gain fame and possibly snatch some big traders from the popular ones. This is where reputation will be a big factor, although there are instances traders are forced to use what is in front of them because of country restrictions from the popular one.
Even if they want to use the trusted trading platform, they just can't because of the restriction and this is what new exchanges are taking advantage of.
Not totally that a hindrance or completely stop considering that major or known platforms nowadays are accepting on different users around the globe or simply having no restriction which does simply means that

having problems about this one isnt really that common.Speaking about local exchange platforms then people do tend to make use of these things because it is much simpler to convert crypto into their fiat money

and other services that it could really give out which is solely focused into the country which they do live which does really give out that kind of convenience which other platforms cant really give
and this is why we do really see some local platforms which do get some sufficient or considerable traffic or users.

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August 22, 2022, 10:52:29 PM
 #44

Trading is very difficult to manage and get profit in long run.

You can trade and get profit in one day, one week but in long run, you will likely have loss. Most of traders have loses.

Gambling is when you open your trading position arbitrarily, no stop loss, no reason why you buy it or just because someone, some groups shill you about that. It's gambling.

If  you are luck, you can gamble and win but in long run, your luck will not be enough to give you profit.
Agreed, it is the truth about trading. Even the expertise trader will experience loss. With cryptocurrency that too very difficult to predict the market. Our focus will be towards profit making, but it won't work all the time.

Trading turns to be a gamble based on the user minds. At times they go for coins that doesn't have good market, and out of luck or some manipulation the market bounces and gives good return. This won't happen every time and with everyone. This is where you need to be lucky to make profit same as gambling.

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August 22, 2022, 10:57:28 PM
 #45

Threading is different from gambling so from my own understanding concerning trading trading is all about cryptocurrency
Trading isn't just all about cryptocurrencies. There's trading in stock markets, forex markets, and even in the normal supermarket, there's literally trading that we do.

why gambling is a way of catching fun poor people that feel like resting but in all the forms.some people do gambling in order to make money white day motive of Reading is to make money
For fun or for profit, that's the reality of gambling. We take the higher risk there because of what we can project in our minds of how much we can make. Sadly, many poor people are relying their fortune through gambling and that makes them more prone to losing because it's the way they think that will save them from poverty.

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August 23, 2022, 04:43:03 AM
 #46

Depending on your perspective in this regard, when we are aware of the current state of trading which is not very good and when we understand how to read movements and do research first before doing this then maybe I will say this as trading because it uses analysis there.
But when we can't do analysis and that is done only in guesswork I classify this as gambling because it relies solely on luck.
But as we are going to trade meaning that we are trading, not gambling in general. Well, we can say sometimes we ask for luck in trading but most of all we do analysis to work it well and make ourselves a trader, not like a wild guesser or something like using the crystal ball to see what might happen next.
Indeed, trading requires knowledge and skills in order to become profitable and much more we know how to make TA based on the market situation and price chart.
As I said, in this case, if it is analytical and really knows about it, then it can indeed be said to be a trade even though it is only speculation because it is not necessarily what we do in the analysis that can actually happen.
Unlike people who randomly choose whether it's good or not when they enter a trade because indeed it is the same as us guessing in gambling who only really hopes for luck.
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August 23, 2022, 08:34:38 AM
 #47

Trading is profitable if a trader has the the potential to reduce the risk and has the tendency to enhance the chances of his victory. It can be done with the maximum knowledge a users acquire as well as the person who desires to enhance his gain should do work hard and do not examine trading as a type of game. Take it serious otherwise it will be difficult for you to get cash back.
More important than that is how a trader can analyze the market and find the right coin to trade.
Reducing risk is something every trader should do to increase the chances of profit.
But unfortunately, every trader must also learn more about market movements because the market is always changing and not all traders can do it.
Trading is not a gamble when we really analyze the movement; if we are wrong in the analysis, we should know that we still have a lot to learn to make a profit.

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August 23, 2022, 01:05:05 PM
 #48

Trading is profitable if a trader has the the potential to reduce the risk and has the tendency to enhance the chances of his victory. It can be done with the maximum knowledge a users acquire as well as the person who desires to enhance his gain should do work hard and do not examine trading as a type of game. Take it serious otherwise it will be difficult for you to get cash back.
More important than that is how a trader can analyze the market and find the right coin to trade.
Reducing risk is something every trader should do to increase the chances of profit.
But unfortunately, every trader must also learn more about market movements because the market is always changing and not all traders can do it.
Trading is not a gamble when we really analyze the movement; if we are wrong in the analysis, we should know that we still have a lot to learn to make a profit.
you are right, the most important thing in trading is choosing the right asset. because choosing assets to trade will be different when we analyze long-term investment planning.
In a market analysis for trading, choosing an asset is the most difficult it seems. because it uses several tools for analysis, I think it's still lacking. those without experience will find it very difficult to choose assets. what happens a lot is bigotry in choosing a few assets to trade only.



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August 23, 2022, 01:22:44 PM
 #49

Trading is profitable if a trader has the the potential to reduce the risk and has the tendency to enhance the chances of his victory. It can be done with the maximum knowledge a users acquire as well as the person who desires to enhance his gain should do work hard and do not examine trading as a type of game. Take it serious otherwise it will be difficult for you to get cash back.
More important than that is how a trader can analyze the market and find the right coin to trade.
Reducing risk is something every trader should do to increase the chances of profit.
But unfortunately, every trader must also learn more about market movements because the market is always changing and not all traders can do it.
Trading is not a gamble when we really analyze the movement; if we are wrong in the analysis, we should know that we still have a lot to learn to make a profit.
Analyzing is important in every trade they have to be able to find the right thing to choose but if you analyze it anyway then it will be a good advantage of our trade, actually there are many types of analysis, it just takes skill from it all for us to do that most importantly don't be careless when trading nonsensical coins.

The crypto market is very volatile so analysis is very important even though nothing is 100% accurate but I believe with the analysis we do it will reduce risk and get profit, many experts do that and we follow it.
I never considered gambling trading, but rather a skill that must be mastered.

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August 23, 2022, 02:07:07 PM
 #50

Dear Holders
Some buyers are asking about the trading volume on the probit global exchange! It's essential for us that our buyers invest wisely and buy the right asset and deal on a good and safe platform.
Probit isn't an exchange I would advise anyone to place their funds in. Its trust rating isn't good at 6 over 10. I feel I should just let you know, in case you're keeping your funds there.


Trading isn't gambling. Only those who treat trading as a mere guess work without guaging it with trading tools and analysis such as indicators will be liking it to gambling. Again, in gambling what's traded? Nothing! In trading, there are instruments and assets traded and exchanged for another.

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August 23, 2022, 05:24:42 PM
 #51

you forgot to include coinsbit, yobit and p2pb2b even these three sites are also full of bots and create fake trading volumes so I'm not interested in going there, I feel the 3 trading sites above have the same 1 boss, but it's true you said we were played by trading volume fake so we are stuck on one trade that cost us, i am not an active trader as i prefer to invest long term now

Yeah I remember yobit. It was going really hot in the initial years and it was not so later when many of us figured out something is fishy in that zone. Soon after that exchanger got into trouble due to such acts. Slippage is not best way to manage any exchanger it’s just one of the reason to hide the bull shit behind the curtains. I am also concerned about the way you are publishing all these things. This ain’t that much professional. You should “hire” someone to reciprocate your agenda and then enter into the market. This looks more fishy when you post randomly from such new account.
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August 23, 2022, 06:47:51 PM
 #52

Trading is entirely different from gambling, because gambling is just mere guessing of which coin that would pump without calming down and doing the proper research on the particular coin he or she wants to buy. While traders take their time, to carry our research and understanding the charts, the candle sticks and down and uptrends of the market. Trading is the best tool to gain profits from the market, unlike gambling that can one liquidate account.

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August 23, 2022, 06:51:04 PM
 #53

Gambling and trading in cryptocurrencies go hand in hand.There is no such thing as experience required for gambling. But you must have enough analyzer and knowledge to trade.To trade you must be good at it and stick with trading all the time otherwise you can't be 100% successful from e trading platform now.And gambling is totally a matter of luck if your luck is good then you would definitely get something good from the gambling department.

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August 23, 2022, 07:37:01 PM
 #54

you forgot to include coinsbit, yobit and p2pb2b even these three sites are also full of bots and create fake trading volumes so I'm not interested in going there, I feel the 3 trading sites above have the same 1 boss, but it's true you said we were played by trading volume fake so we are stuck on one trade that cost us, i am not an active trader as i prefer to invest long term now

Yeah I remember yobit. It was going really hot in the initial years and it was not so later when many of us figured out something is fishy in that zone. Soon after that exchanger got into trouble due to such acts. Slippage is not best way to manage any exchanger it’s just one of the reason to hide the bull shit behind the curtains. I am also concerned about the way you are publishing all these things. This ain’t that much professional. You should “hire” someone to reciprocate your agenda and then enter into the market. This looks more fishy when you post randomly from such new account.
When you do tend to look up on the given link above by OP which is https://ariinv.com/ Then this one basically shows up Aristo Token
which this is just some side topic or talks for at least on making some exposure of their sale.

As for Yobit platform and other similar which have done those shady acts and there's no doubt on how these places had been frowned upon by the users of this forum or
to those old people who do have the experience and awareness about on how these platforms been doing.

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August 23, 2022, 09:43:07 PM
 #55

It's people who does not comprehend the rudiments of trading can directly said that trading is gambling. When you are predicting the feature's and the roles of gambling, you will comprehend that gambling has its strategic method to be equated with trading. Trading is base on proper understanding the future of Bitcoin and the movement of other cryptocurrencies used in trading. It's not like gambling predictions or games. The only factor while some people said that trading is equivalent to gamblling, is risk taking that's attached to it.


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August 24, 2022, 07:17:11 AM
 #56

you are right, the most important thing in trading is choosing the right asset. because choosing assets to trade will be different when we analyze long-term investment planning.
In a market analysis for trading, choosing an asset is the most difficult it seems. because it uses several tools for analysis, I think it's still lacking. those without experience will find it very difficult to choose assets. what happens a lot is bigotry in choosing a few assets to trade only.
Choosing this asset will not be easy because if he chooses an altcoin, he will have to analyze every coin on the market to find the right coin.
All the altcoins on the market can increase suddenly without any warning, and if he can't gather a lot of information, he can fall behind in making a profit.
It's different if you only trade bitcoin because with the current bitcoin price ups and downs, it can give him an advantage and if he can do it as often as possible, the profits will be even bigger.

Analyzing is important in every trade they have to be able to find the right thing to choose but if you analyze it anyway then it will be a good advantage of our trade, actually there are many types of analysis, it just takes skill from it all for us to do that most importantly don't be careless when trading nonsensical coins.

The crypto market is very volatile so analysis is very important even though nothing is 100% accurate but I believe with the analysis we do it will reduce risk and get profit, many experts do that and we follow it.
I never considered gambling trading, but rather a skill that must be mastered.
That's why every trader should be willing to take the time to learn more so that he has the opportunity to improve his ability to analyze market conditions.
It's not easy but worth it, especially if he wants to profit from trading.
The crypto market can provide huge profits, especially with so many coins on the market, it will provide opportunities for them.
So if their analytical skills improve, they can analyze the state of the market and find the right time to trade, not gamble.

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August 24, 2022, 07:33:19 AM
 #57

For me crypto trading is a kind of work and in another angle it can also be your own business, it depends on how you manage it correctly. Besides that, in my few years staying here in the world of cryptocurrency I also found out that there are actually other exchanges that exist here that make fake volumes, so that maybe they can attract traders who will buy their tokens that are listed on their platform, this is always a business and maybe this is also one of their strategies for the sake of profit.

The ARII token you mentioned is obviously new to the crypto space industry. If I look at his volume in the probit exchange in the equivalent of our currency, he is at 2M plus, but in terms of dollars, it can be said that he is moderate. But even so, there is still a risk attached to any investor there, in short, we can get income and we can also lose our capital, it's that simple.

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August 24, 2022, 07:48:47 AM
 #58

Gambling and trading in cryptocurrencies go hand in hand.There is no such thing as experience required for gambling. But you must have enough analyzer and knowledge to trade.To trade you must be good at it and stick with trading all the time otherwise you can't be 100% successful from e trading platform now.And gambling is totally a matter of luck if your luck is good then you would definitely get something good from the gambling department.
Indeed, in trading knowledge and skills in analyzing are important to have,
because without having both I think it will only be a waste of time and the results of our trade will most likely lose,
so when compared to gambling it's definitely different because it just takes luck

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August 24, 2022, 09:28:11 AM
 #59

Why we said gamble. This word meaning is very different. Gamble means after sometimes a game is shorted out like betting on cricket or tennis. In some hours you will win or loose that's definit after loosing that you can't take your money back. Now come to trade. This is is now gamble because sometimes a trade which is going in loss can come with big profit in future.
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August 24, 2022, 03:32:09 PM
 #60

For me crypto trading is a kind of work and in another angle it can also be your own business, it depends on how you manage it correctly. Besides that, in my few years staying here in the world of cryptocurrency I also found out that there are actually other exchanges that exist here that make fake volumes, so that maybe they can attract traders who will buy their tokens that are listed on their platform, this is always a business and maybe this is also one of their strategies for the sake of profit.
Cryptocurrency trading can be classified as a business but can also be considered as a form of gambling due to the risk involved and how the big players manipulate the market for their own selfish gain.
Having said that, in the early days of the crypto market I am talking about 5years ago. All the existing crypto exchanges as guilty of fake volume and including the CMC and Binance but they are somehow careful now that the SEC appears to pay attention to insider manipulation of the market.


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