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Author Topic: Can gambling and crypto trading be considered as skills with $10k gain a month?  (Read 459 times)
tjtonmoy
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July 16, 2023, 06:46:16 PM
 #41

• Can  gambling or crypto trading/crypto investment be considered as a skill?
Gambling can never be a skill. It is totally based on luck. Even if you think that predicting is a skill, in the end, your winning chance is totally depending on your luck. In gambling, your winning and losing chances are 50-50. If you lose, you will lose it all. But when it comes to trading, we need so much work and experience to gain skills. I will never put gambling and trading in the same category. Gambling is not a skill but trading is.

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• Can a gambler or crypto trader/crypto investor earn as much as $10k in a month besides any of the aforementioned skills?
Both gambling and trading are uncertain. Anything could happen at any time. Gambling, it's based on your luck. But in trading, you can manage how much you are willing to lose by risk management. So to tell you the exact amount of profit, no one knows. 10k is a big amount and you will need a huge amount of investment for that if you choose to trade. Gambling! you can make that much, but again. It depends on your luck.

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• is it even okay to classify being a bitcoiner/signature/campaign member as a skill? If yes, under what skill bracket can it be included?

I think it can be classified as a skill. You are writing to get paid. Writing is a skill. You have built up your profile to the position where you can wear your signature. That required skills too. Campaign members are reaching out to the people through their posts and efforts. That's a skill too I guess. Now you tell me what you think.
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July 16, 2023, 10:12:56 PM
 #42

• Can  gambling or crypto trading/crypto investment be considered as a skill?
Trading may be called a skill too because it is not easy to learn the science of trading.
But for gambling, it is just a guess with luck. There is no skill in gambling, unless they have a strong mentality to keep placing bets.

• Can a gambler or crypto trader/crypto investor earn as much as $10k in a month besides any of the aforementioned skills?
Making $10k in a month on trading or gambling depends on how skilled you are at doing both.
$10k is not a small amount if you have to earn it in one month. But it also depends on how much capital you use.

• What other skills not listed here, can make one up to $10k a month?
There are actually many skills that can earn $10k every month.
But not many are able to do it.
Become a developer of a project or become a campaign manager like Hhampuz.
But the $10k income is still quite high and it requires a lot of effort and work.

• is it even okay to classify being a bitcoiner/signature/campaign member as a skill? If yes, under what skill bracket can it be included?
As someone who participated in a signature campaign, this can also be called expertise in making a post. So that people are interested in us.
It's not easy to build a good reputation for a project or a good reputation for your own account.
This includes writing skills that will help in marketing and building a product.

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jeraldskie11
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July 16, 2023, 10:35:39 PM
 #43

• Can  gambling or crypto trading/crypto investment be considered as a skill?
Even though gambling is a game of chance, it can be considered a skill if you can be profitable and use it as a source of funds. Traders that do not rely on signals from others but can assess the market on their own and still be profitable is a skill.

Quote
• Can a gambler or crypto trader/crypto investor earn as much as $10k in a month besides any of the aforementioned skills?
There are many gamblers and crypto traders/investors who earn $10,000 or more per month. Most of these guys are pros who know exactly what they're doing. In contrast, these are the reasons why others desire to trade because they want to earn as much as this someday, but their funds are gone.
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July 16, 2023, 10:44:15 PM
 #44

• Can  gambling or crypto trading/crypto investment be considered as a skill?
Even though gambling is a game of chance, it can be considered a skill if you can be profitable and use it as a source of funds. Traders that do not rely on signals from others but can assess the market on their own and still be profitable is a skill.

Quote
• Can a gambler or crypto trader/crypto investor earn as much as $10k in a month besides any of the aforementioned skills?
There are many gamblers and crypto traders/investors who earn $10,000 or more per month. Most of these guys are pros who know exactly what they're doing. In contrast, these are the reasons why others desire to trade because they want to earn as much as this someday, but their funds are gone.
If you do have that wish on earning huge then everything should really be taken to have a process and dont make yourself get in a rush because this would really be usually be ending up for you to be that desperate
which it would really be causing for you to commit mistakes which are something that we should really avoid. When it comes to money making opportunity then this doesnt only limit out on  trading whether on crypto or traditional markets but also you could really make money out of those other skills which could really be applied online and there are lots of varieties of skills on which you could really be able to make use if ever you do see
these opportunities. $10k a month is really a challenge but just like you said that there are people who are actually earning these digits but only a few. Imagine on earning this amount on a month will really be that giving you a good life specially into those people who do live on developing countries which USD is really that high in value on their local currencies. It is always been that a challenge on acquiring such skills and getting that
job.

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July 16, 2023, 11:20:00 PM
 #45

Gambling is not a skill, trading is,
Both gambling and trading involve skill and some benefits.

and one can never earn a steady income from gambling no matter what they do, but in trading, your profits will depend on the capital you are using for your trades, and earning $10k might be possible a month if you have pretty big capital and you know how to trade and not just starting, one needs to know how to do market analysis and manage their trades with proper risk management techniques.
Although market analysis is necessary for cryptocurrency trading and investing. However, if you engage in or make an investment in the casino Bankroll, there are ways to get a consistent income on casino gambling websites.

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July 16, 2023, 11:21:02 PM
 #46

Is there any guarantee profit in this market?
Yes there is guaranteed profit for skillful and experience traders, however they might not met up to that target because losses in trading is inevitable but money management is the key to becoming profitable in a long run, this is not applicable to gambling where chances of winning is 50:50
Every time I see the word guarantee it makes me think about the hype and scam projects since we all know how risky this market is, and what more if you gamble. There’s a chance for you to make $10k per month as long as your capital is big and you know what you are doing but then again, its not guaranteed and losses are more possible to happen in gambling.
Pertaining to investment in hyped projects where an investor is guaranteed a Profit that is also like a gamble because crypto market is full of scam projects which look real during their presales thus promotion of that project with social media is topnotch yet in the long run majority of those products ended up as scam consequently investors is stolen.
Earning $10K monthly in gambling is very risky and I think such a gambler is staking with a high fund which is not encourage in gambling rather it's advisable to gamble with amount of money a gambler can afford to lose.

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July 17, 2023, 04:48:09 AM
 #47

If a person has enough money and has good crypto skills, it is possible to earn $10k dollars per month. It is not possible to make more profit by trading with less money, so the more money you have, the more profit you will get. If a person has a capital of $50000 dollars then if he can earn $300 dollars profit from it every day then at the end of the month he can easily earn $10k dollars. It is possible to earn more profit if you gamble as it is often seen that people get a lot of money from small amount of money by gambling. If gambling there once wins a lot of money then he becomes a big man who can double his money. In that case he has to be experienced towards trading and gambling but it is possible if possible to profit from cryptocurrency by own knowledge.

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July 17, 2023, 05:41:03 AM
 #48

• Can  gambling or crypto trading/crypto investment be considered as a skill?

Gambling in general no, sports betting or poker yes.

• Can a gambler or crypto trader/crypto investor earn as much as $10k in a month besides any of the aforementioned skills?

Regarding trading, I agree with the following:

Yes people can do $10k gain in a month with Crypto, but obviously the thing is the list doesn't contains that how much capital you need for it. A person having $100k in capital, for him this gain might just be one trade away. But for someone with $1k capital it might be impossible even if he has the skills, trading is very different than other vocations therefore. Capital is the very important basic requirement that you have in trading. Also even in the skills you listed I still don't think they can give a "Guaranteed" $10k a month.

In poker, and in sports betting I think too, what you can win depends on the bankroll you have, as long as you are playing within a beatable level. To win $10,000 a month you must be playing mid-stakes at least and depending on the hours you put in. In both poker and trading we should take into account the variance. In general you could make $10K a month assuming you have the necessary capital/bankroll and the right skill, but that would be an average of the annual results dividing the profit in 12 months, of which some will have had losses and even if the variance is extended it can last a year or more depending on the mode (with tournaments it would be worse).

So the "guaranteed" thing is a bit difficult, the best for that would be a signed work contract that pays you that much per month, the other ways involve variability.

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July 17, 2023, 09:11:04 AM
 #49

These skills listed, come with a guarantee to yield at least $10k/month profit in 2023 right now:
Making $10k per month is not as simple as it allowed you to type. It is not enough to have the aforelissted skills, you really need to be an expert in any of those skills, being exceptional to the later. You also need some kinds of capital to push your success of earning $10k per month.

• Can  gambling or crypto trading/crypto investment be considered as a skill?

The later is a skill while the former is a mixture of skill and luck.

• Can a gambler or crypto trader/crypto investor earn as much as $10k in a month besides any of the aforementioned skills?

It depends on how much you are willing to gamble with. Someone gambling with $100 may not win $10k forever. But someone who gambles with $2k can easily win $10k. Also, a trader with a capital of $2k can hit $10k unlike another with $100 capital.

• is it even okay to classify being a bitcoiner/signature/campaign member as a skill? If yes, under what skill bracket can it be included?
A freelancer is more appropriate.  Considering that writing is a skill, if you are able to write well, get merits and eventually hired by a manager, it means you have a good writing skill.

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July 17, 2023, 09:58:56 AM
 #50

I've been into gambling and trading but I was wondering why I don't get $10k a month. In fact, I did my best, I keep on studying the market trend and do analysis carefully. But this is what it come out to my mind, whether it was gambling or trading, nobody could guarantee assurance to earn such an amount, much more it was a big amount. Because even if you have $10k capital but the results remain uncertain. Of course, the chances is big because of huge capital but if we are talking about consistently hitting the target, I couldn't really agree with that.



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July 17, 2023, 10:33:47 AM
 #51

I've been into gambling and trading but I was wondering why I don't get $10k a month. In fact, I did my best, I keep on studying the market trend and do analysis carefully. But this is what it come out to my mind, whether it was gambling or trading, nobody could guarantee assurance to earn such an amount, much more it was a big amount. Because even if you have $10k capital but the results remain uncertain. Of course, the chances is big because of huge capital but if we are talking about consistently hitting the target, I couldn't really agree with that.

of course to get big profits require bigger capital. This is not like gambling, where when you win the jackpot, you can double your capital several times in one bet.
trading is all about skill and consistency. don't think too much and focus too much on big profits which will suck up more of our capital. just do it with a little but consistent profit we get. it would be better to trade more profitable than ambition to make big profits.


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July 17, 2023, 05:40:52 PM
 #52

This is absolutely possible to achieve. In fact there are influencers and other categories in which people are earning more than 10k per month after they reach specific target audience. Some of the popular blogs even earn hundreds of thousand dollars with write up alone.

The niche that you have mentioned is absolutely on the right track but that needs to be planned and executed like pro player.

When it comes to trading and gambling they both stand out differently. Trading definitely need lot of dedication but gambling is completely fun type of way to earn money. Does it need skills, yes definitely but not entirely. Everything is way to earn and needs to assessed on personal level all the time.
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July 17, 2023, 06:17:15 PM
 #53

...
• Can  gambling or crypto trading/crypto investment be considered as a skill?
• Can a gambler or crypto trader/crypto investor earn as much as $10k in a month besides any of the aforementioned skills?
• What other skills not listed here, can make one up to $10k a month?
• is it even okay to classify being a bitcoiner/signature/campaign member as a skill? If yes, under what skill bracket can it be included?

many say they can make more than $ 10k per month just from trading but many also say they lose money in trading, from here we can conclude that even though trading and gambling can give us great income but for some people, it makes big losses big (no guarantee about getting $10k or more from gambling or trading)

it's not easy to make $10k per month but being a businessman can give someone the opportunity to earn $10k or more per month, the point is find what you love (passion) then try to find a way how you make lots of money from that, don't keep going sad story because there are many success stories out there.



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July 17, 2023, 07:17:08 PM
 #54

This is absolutely possible to achieve. In fact there are influencers and other categories in which people are earning more than 10k per month after they reach specific target audience. Some of the popular blogs even earn hundreds of thousand dollars with write up alone.

We are not talking about salaries but we are talking about gambling and trading which we don't need to gain more audience here but what we need is capital, knowledge, and skills.
While aiming to earn $10k monthly in this field is really uncertain and that is because we are can't guarantee that we always make good decisions and too lucky. But this is not actually why people got into trading or gambling, what is important for them is to earn a profit and it doesn't matter if they could get reach their target or not.

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July 17, 2023, 08:38:01 PM
 #55

It becomes a skill in the long run.
Lazy people won't get to the position of those who are professionals in crypto trading unless they work hard. Working hard is a skill, in my opinion, not everyone can do it because of the effort that must be provided to gain that high of a level. Let's not add gambling on that, because that part requires some little luck.

$10k a month seems to be a hard task to achieve. I'd be happy just making $1k a month which I believe is still high for a part-time job that doesn't require monitoring 24/7 when we get used to it. Well, maybe with a large capital, it can be done, but there are not many people who will go that far to risk such a high amount.
About the signature campaigns, yes it could also be a skill, maybe we are in the bracket of writers. Also because of the managers' requirement on today's campaigns, it won't be easy to be a part of paid signatures.

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July 17, 2023, 10:21:22 PM
Merited by fillippone (1), nelson4lov (1)
 #56

These skills listed, come with a guarantee to yield at least $10k/month profit in 2023 right now:
•SEO/SEM
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As a cryptocurrency enthusiaste, irrespective of the coin you trade with, irrespective of the kind of game you bet on and with the way the future is looking for adopted online users and P2P,  coupled with the thrill of being anonymous in a decentralized system,

• Can  gambling or crypto trading/crypto investment be considered as a skill?
• Can a gambler or crypto trader/crypto investor earn as much as $10k in a month besides any of the aforementioned skills?
• What other skills not listed here, can make one up to $10k a month?
• is it even okay to classify being a bitcoiner/signature/campaign member as a skill? If yes, under what skill bracket can it be included?

Trading generally is a skill set, but I don't know if gambling should be classified as a skill too.  

There is no limit to how much you can earn as a trader, I have a trader that earns more than $4k just in a single profitable trade due to the amount of capital he uses to trade and he earns up to $20k in a month.

Certain things determine how much money you can earn from trading.
1. The ability to trade profitably.
2. The amount of capital used in trading.

R


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July 17, 2023, 10:46:59 PM
 #57

Trading generally is a skill set, but I don't know if gambling should be classified as a skill too.  

Taking calculated risks (which is part of gambling) is a skill so I'd say it's more or less a skill. There's only a small fraction of people who know the game of gambling well.


There is no limit to how much you can earn as a trader, I have a trader that earns more than $4k just in a single profitable trade due to the amount of capital he uses to trade and he earns up to $20k in a month.

Certain things determine how much money you can earn from trading.
1. The ability to trade profitably.
2. The amount of capital used in trading.

Most people always underrate the impact capital has on trades. In as much as putting more capital on the line means that you can probably lose more, it also means that you can win more. I think this is why there's been an influx of prop firms in the space to provide capital for traders who feel they can do better if they have the right funding / capital for their trades.

I know traders that earns a lot more than that and they don't take much risks or lev because they use a huge capital already.

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July 18, 2023, 03:38:30 PM
 #58

I've been into gambling and trading but I was wondering why I don't get $10k a month. In fact, I did my best, I keep on studying the market trend and do analysis carefully. But this is what it come out to my mind, whether it was gambling or trading, nobody could guarantee assurance to earn such an amount, much more it was a big amount. Because even if you have $10k capital but the results remain uncertain. Of course, the chances is big because of huge capital but if we are talking about consistently hitting the target, I couldn't really agree with that.
of course to get big profits require bigger capital. This is not like gambling, where when you win the jackpot, you can double your capital several times in one bet.
trading is all about skill and consistency. don't think too much and focus too much on big profits which will suck up more of our capital. just do it with a little but consistent profit we get. it would be better to trade more profitable than ambition to make big profits.
Big profits "may" require big capital, but it could be a trouble on the both side. Like for example big capital means you have more to lose as well, so that means big capital doesn't always mean a good thing and you may end up losing more than you want, I have seen people lose tens of thousands of dollars in single hour, all because they had millions to begin with, hence it's not that easy, I mean think about having 3 million dollars before the bear run, and have like a million dollars now, it's possible and it happened to a lot of people.

Also you could start small, and get lucky with some alt that is newly released and make some money as well, there is no guarantee that you will lose. Hence, it's important to keep at it.

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July 18, 2023, 09:48:27 PM
 #59

I've been into gambling and trading but I was wondering why I don't get $10k a month. In fact, I did my best, I keep on studying the market trend and do analysis carefully. But this is what it come out to my mind, whether it was gambling or trading, nobody could guarantee assurance to earn such an amount, much more it was a big amount. Because even if you have $10k capital but the results remain uncertain. Of course, the chances is big because of huge capital but if we are talking about consistently hitting the target, I couldn't really agree with that.
of course to get big profits require bigger capital. This is not like gambling, where when you win the jackpot, you can double your capital several times in one bet.
trading is all about skill and consistency. don't think too much and focus too much on big profits which will suck up more of our capital. just do it with a little but consistent profit we get. it would be better to trade more profitable than ambition to make big profits.
Big profits "may" require big capital, but it could be a trouble on the both side. Like for example big capital means you have more to lose as well, so that means big capital doesn't always mean a good thing and you may end up losing more than you want, I have seen people lose tens of thousands of dollars in single hour, all because they had millions to begin with, hence it's not that easy, I mean think about having 3 million dollars before the bear run, and have like a million dollars now, it's possible and it happened to a lot of people.

Also you could start small, and get lucky with some alt that is newly released and make some money as well, there is no guarantee that you will lose. Hence, it's important to keep at it.
The bigger the capital the more risks you are putting into but also it would be meaning out that you would really be having the chance to make more money or profits which this is something that those people who are financially capable of would really be targeting on and dont mind about the risks but of course those people who do have that kind of capacity on making investment due to financial capability then its impossible that
you arent that fully aware of the risks or not really that knowledgeable unless if you are complete newbie with investment but its unlikely on this case.

Gambling is never can be considered to be that a source of income or having that 10k gain per month even lets say that you are a good sports bettor but doesnt mean that it would really be that enough
for you to have an assurance on reaching those numbers without busting up yourself because gambling is really just that for fun on which it would really be that impossible that you wont
really be that able to realize those things along the way.

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July 18, 2023, 10:22:15 PM
 #60

Can  gambling or crypto trading/crypto investment be considered as a skill?
What can be considered as a skill is a cryptocurrency trading but in the aspect of gambling from a history gambling never be a skill from my perspective, a gambling is game of luck and the luckiest person is the one who can make it through gambling while in trading if you know the skill very well you will benefit in it because of the chances of venturing into disadvantages of trading by losing during the process is very slim, while in gambling you can lose at any point in time

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