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Question: Bitcoin and Gambling
Someone tell me something good - 6 (66.7%)
You will give me good advice - 3 (33.3%)
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Author Topic: I learned something new from Bitcoin today  (Read 1023 times)
bounceback
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March 30, 2024, 04:54:36 PM
 #101

I learned something new today. I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future but still a man can be addicted to gambling and to all of you i want to say none of you should be addicted to anything and not to gambling and you are more Trade Bitcoin and see your future shine.
Gambling is not a place for income but gambling is a game that we have to pay with money just to get pleasure so don't ever assume that we can make a profit by placing bets in gambling games, my advice is that you should just focus on your bitcoin trading because it seems to have an understanding in trading so that you can earn income even though the dominal amount you get is only $11, but at least you still make a profit rather than having to lose money through gambling.

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March 30, 2024, 05:02:51 PM
 #102

Well, my guy, you just learned what should've been obvious to you in the first place and that it's a bad idea to be obsessed if not addicted to something but one thing that you've got to understand about this though is that you can't ever be able to stop becoming addicted to something, once you're in, you're too enjoying of what you're doing that you're probably not noticing that you're getting addicted to that thing that you're doing, doesn't matter if it's gambling or other addicting activities. Also OP, you can probably move this to the Gambling Discussion section, just click on the Move Topic at the bottom of this thread and select the proper section.



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[15.00000000 BTC]


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March 30, 2024, 05:09:45 PM
 #103

I learned something new today. I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future but still a man can be addicted to gambling and to all of you i want to say none of you should be addicted to anything and not to gambling and you are more Trade Bitcoin and see your future shine.
Gambling is not a place for income but gambling is a game that we have to pay with money just to get pleasure so don't ever assume that we can make a profit by placing bets in gambling games, my advice is that you should just focus on your bitcoin trading because it seems to have an understanding in trading so that you can earn income even though the dominal amount you get is only $11, but at least you still make a profit rather than having to lose money through gambling.
Gambling is a game of luck and no one can make a steady income by playing with luck. Which can be done in the case of trading. when one acquires a good understanding of the market and can do market analysis very well, he can earn a stable income through trading. So if you trade with that money without wasting money on gambling, you will get good results from gambling and at least there will be no chance of losing everything.



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March 30, 2024, 07:34:37 PM
 #104

I learned something new today. I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future but still a man can be addicted to gambling and to all of you i want to say none of you should be addicted to anything and not to gambling and you are more Trade Bitcoin and see your future shine.

Most people know that gambling cannot be considered a source of income. Unless you rely on luck to get income, you can enter the gambling category. That's why, if you know that the chances of losing in gambling are high, why would you gamble with your capital that you want to grow?

So if you want to grow the capital you have, it's really good to dedicate it to trading and choose assets that you want to hold long-term. Because there are many digital currencies that can give us earnings, Bitcoin is not the only one in this field.

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SPIN

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April 02, 2024, 11:06:12 PM
 #105

I learned something new today. I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future but still a man can be addicted to gambling and to all of you i want to say none of you should be addicted to anything and not to gambling and you are more Trade Bitcoin and see your future shine.

Most people know that gambling cannot be considered a source of income. Unless you rely on luck to get income, you can enter the gambling category. That's why, if you know that the chances of losing in gambling are high, why would you gamble with your capital that you want to grow?

So if you want to grow the capital you have, it's really good to dedicate it to trading and choose assets that you want to hold long-term. Because there are many digital currencies that can give us earnings, Bitcoin is not the only one in this field.
Exactly, that's why I don't get thos who gamble with their currencies or bitcoin because its a waste that they are using their crupto currency assets to gamble and losing it, I think gambling is just for fun and entertainment only nothing more nothing less, I don't think that gambling will ever be a good source of income, yes you might get or win a pretty good amount of money in gambling that could also change your life but that is if you are lucky enough and you hit that luck but as we kmow not all of us are lucky, so its more practical to do bitcoin investment or bitcoin trading than gambling, there is a big risk in trading but its more efficient than losing your money just because of gambling. At least in trading you did your best and you knew you could learn and grow more, and if that happens then it will be paid off by your earnings through trading.

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April 02, 2024, 11:27:32 PM
 #106

So if you want to grow the capital you have, it's really good to dedicate it to trading and choose assets that you want to hold long-term. Because there are many digital currencies that can give us earnings, Bitcoin is not the only one in this field.

To be honest, trading isn't as easy as some people might make it sound like, and it's not a child's play to get together a budget, get into trading, and start growing the money. If it was that easy, I bet there would have been no unprofitable traders in the market but there are, a lot of traders who enter the market with high hopes but leave with their hearts broken because they don't get to fulfill their wishes and make their dreams come true through trading.

Many traders and investors, mostly newbies, enter the market with the thought that it is easy to earn money from here, and a lot of credit for that goes to some influencers and content creators who make it look like that by showing the positives and not telling them about the negatives of the industry.

Unless someone decides to dedicate a lot of time and effort to the learning process before they make an entry into the market, I wouldn't even recommend trading to absolute newbies.

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April 02, 2024, 11:40:41 PM
 #107

I learned something new today. I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future but still a man can be addicted to gambling and to all of you i want to say none of you should be addicted to anything and not to gambling and you are more Trade Bitcoin and see your future shine.

Well, you should have patience in everything, whether it's trading or gambling, you shouldn't lose patience. Because he gives us a lot of guidance to help us develop ourselves in things that we don't notice, we are molded.

As the saying goes, "When there is patience, there is stew" Which is true and proven and tested by most people, and that is also the character of a farmer. So we are all farmers for us to survive to earn something.

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April 02, 2024, 11:43:03 PM
 #108

I learned something new today. I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future but still a man can be addicted to gambling and to all of you i want to say none of you should be addicted to anything and not to gambling and you are more Trade Bitcoin and see your future shine.
I am surprised that people still compare cryptocurrency trading to gambling. I believe that it is those who doesn't know the technical and fundamental analysis, those who cannot read charts that believe trading is gambling. When you trade without knowing how to trade, you are actually gambling. Trading requires skill while gambling can only be lucky. So, it's better you learn trading which is skills than gambling which is luck.

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April 03, 2024, 09:25:01 AM
 #109

I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future
If you don't understand how to play gambling games, why you gamble? It is the same as you trade Bitcoin, if you don't understand it, you probably end up with a lose. It is a big mistake to do something without understanding it very well. Knowledge is important to do anything in our life whether it is for a serious matter or fun things.

It looks like you have a good luck in trading Bitcoin. So, it is a good decision to focus on trading Bitcoin. However, you need to make sure to continue learning on it because it is not always easy to make profits through crypto trading. In a bad market condition, we are sometimes very difficult to avoid losses.


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April 03, 2024, 11:56:24 PM
 #110

A better example to understand trading is that trading is your business and gambling is your fortune eater. In other words, trading is something that can make you a millionaire and billionaire and gambling is something that can make you a pauper overnight.

I know some people who lost all their properties in gambling, and I know some people who were laborers till some time ago, they showed their interest in trading, made some investments and now they own millions.

Except for a few lucky and patient people, I have never seen anyone win at gambling; so, I would advise to stay away from gambling as much as possible.

Invest your valuable time and money in activities that will benefit you sooner or later.

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April 04, 2024, 03:58:23 AM
 #111

A better example to understand trading is that trading is your business and gambling is your fortune eater. In other words, trading is something that can make you a millionaire and billionaire and gambling is something that can make you a pauper overnight.

I know some people who lost all their properties in gambling, and I know some people who were laborers till some time ago, they showed their interest in trading, made some investments and now they own millions.

Except for a few lucky and patient people, I have never seen anyone win at gambling; so, I would advise to stay away from gambling as much as possible.

Invest your valuable time and money in activities that will benefit you sooner or later.

Trading is still better than gambling but making a profit from trading is not easy and you won't always make money from trading. Can you tell me if anyone has become rich by trading bitcoin? because as far as I know, the people who have become rich by bitcoin are mostly long-term holders. Therefore, we can trade but should limit it because the line between trading and gambling is very thin, and you can become a gambler in your trading if you do not control your emotions.

I'm not against day trading but I don't think it can make you rich or a millionaire, but if you are a holder the odds of getting there are higher.

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April 04, 2024, 10:44:20 AM
 #112

A better example to understand trading is that trading is your business and gambling is your fortune eater. In other words, trading is something that can make you a millionaire and billionaire and gambling is something that can make you a pauper overnight.

I know some people who lost all their properties in gambling, and I know some people who were laborers till some time ago, they showed their interest in trading, made some investments and now they own millions.

Except for a few lucky and patient people, I have never seen anyone win at gambling; so, I would advise to stay away from gambling as much as possible.

Invest your valuable time and money in activities that will benefit you sooner or later.
One will definitely make one earn and the other will make one learn. While trading might insure the former, the latter which is gambling is sure to teach a very good life and financial lesson.
The losses from trading can't be compared to the losses encountered from gambling away cash that is meant to be diverted for better use.

Still, one can be meant and followed through as a career, while the other which is gambling can be just a pleasurable activity meant for mental stimulation or fanfare.

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April 04, 2024, 12:22:29 PM
 #113

I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future
If you don't understand how to play gambling games, why you gamble? It is the same as you trade Bitcoin, if you don't understand it, you probably end up with a lose. It is a big mistake to do something without understanding it very well. Knowledge is important to do anything in our life whether it is for a serious matter or fun things.

It looks like you have a good luck in trading Bitcoin. So, it is a good decision to focus on trading Bitcoin. However, you need to make sure to continue learning on it because it is not always easy to make profits through crypto trading. In a bad market condition, we are sometimes very difficult to avoid losses.


But is it right to compare bitcoin trading to gambling? Knowledge is extremely important, but does knowledge work in gambling or what we need is just luck, nothing more and nothing less? Meanwhile, if we have knowledge about bitcoin trading, our winning rate will be higher, although not 100% guaranteed.


I still want to warn that trading is very risky even if you have a lot of knowledge and experience in trading. So don't just focus on trading, try diversifying your income search and holding is not a bad choice, holding will be safer and even more profitable.

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April 04, 2024, 02:38:56 PM
 #114

Sometimes when I think about Bitcoin and it slowly movements to gain the highest and costly coin in the market is like a magic to me. I never believed today that Bitcoin will have the highest market share among all crypto currency in the world today. When Bitcoin was invented in the year 2008, I was introduced by a friend to start mining Bitcoin but I thought it was I waste of time to me because I needed a quick and fastest way to make money. I saw all the process as I waste of time. I never picked interest on the mining process. The activities of Bitcoin today, it's market share and value has made me to lean something new today. Bitcoin have made me never to look down on any crypto currency or coin today. Bitcoin have made me to have so much interest and passion for any coin today without been under valued. Bitcoin have made me to lean how to be patient on any newly introduced coin with the hope and believe that it turn to be one of the highest paid crypto currency. I have learnt a lots from Bitcoin.
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April 04, 2024, 08:06:53 PM
 #115

Gambling is not a place for income but gambling is a game that we have to pay with money just to get pleasure so don't ever assume that we can make a profit by placing bets in gambling games
In reality, not everyone understands this. Some people are still trying to make gambling as a source of income. I don't really know why they do this, it may be caused they are motivated by the story of successful gamblers. They think it is easy to win gambling games but in fact it is quite difficult to win gambling games. Sure, mostly we gamble for fun or to get entertainment. It is hard to earn money constantly through gambling.

my advice is that you should just focus on your bitcoin trading because it seems to have an understanding in trading so that you can earn income even though the dominal amount you get is only $11, but at least you still make a profit rather than having to lose money through gambling.
If he only could earn $11, it can be caused he still used small funds. It can be higher if he used bigger funds. However, he need to have good knowledge and experience if he wants to use bigger funds. Anyway, there is still chance to lose money in trading, too. But we can deal with this if we have good understanding in trading.


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April 04, 2024, 09:11:24 PM
 #116

I learned something new today. I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future but still a man can be addicted to gambling and to all of you i want to say none of you should be addicted to anything and not to gambling and you are more Trade Bitcoin and see your future shine.
Gambling is not a place for income but gambling is a game that we have to pay with money just to get pleasure so don't ever assume that we can make a profit by placing bets in gambling games, my advice is that you should just focus on your bitcoin trading because it seems to have an understanding in trading so that you can earn income even though the dominal amount you get is only $11, but at least you still make a profit rather than having to lose money through gambling.
Sometimes I wondered how some persons think trading could be, they might think it's all about gambling but loses is what usually be the end results. We need to be wise and know what we are doing so that we don't finally lose funds because we think we could recover the fund easily. Trading is more difficult and complex than what we thought. Although there are still traders that make money from the Crypto market and they don't know anything about trading. One can join crypto signal group for us to make money from the market than trading to trade alone. We can work things out taking a bold steps as traders.

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April 04, 2024, 09:22:02 PM
 #117

It's a little bit confusing to understand your post. However, it's a bit of an indication of investing in Bitcoin rather than gambling. So at this point, I pretty much agree with you. When you are buying bitcoin, it still exists in the same quantity, though the value would go down. For example, you buy 1 bitcoin at 70K, and right now it's 65K. But you are still holding 1 bitcoin. When you gamble, you either win or lose. For Bitcoin, it would recover after a year or a couple of years. So at the at the end of the day, you will gain at some point when investing in Bitcoin. 

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April 04, 2024, 09:43:13 PM
 #118

I also think the same, in commerce things are the same way, there is risk but there is not as much risk as in a casino, everyone who enters a casino is to improve their economic status and in a quick and easy way, and some do not. They Consider the risks, and the Greatest risk is to become decapitalized, then seeing these scenarios I prefer trading because in trading knowledge of technical analysis or investment is applied, investment is the safest thing that can be done, but you have to be very patient In the case of a person who finds it somewhat difficult to control himself in the casino, it is preferable not to do it, or to do it from time to time with little money, so that what you spend in Bitcoin does not go away so quickly, that is one of the things that They should be done without thinking too much about it, Bitcoin is worth having for now well and in hodl mode, because very good things are Coming.
In my opinion, things like this depend on the perspective of each when distinguishing about risk because in the end we must realize that whether it is gambling or trading, they all play the same role, namely emotions so that when we cannot control our emotions properly, it can be fatal as for example in a match where we continue to lose and have more ambition because precisely with that defeat we become more eager to gamble and increase the stakes we have in the end it will also not go well for us.
In addition, when talking about trading, it is the same where we continue to take positions that are not really necessary because we are approaching liquidation which actually makes us hassle and continues to be in a loss so that the role of self-control is important regardless of where you stand whether it is in gambling or trading the emotions we have must be completely stable.

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April 05, 2024, 03:14:14 PM
 #119

I learned something new today. I started bitcoin trading with 100 $ I made 10$ from here and I lost 11$ gambling with 100$ now I don't call gambling bad because I don't understand and I don't have patience to play the game and past I easily from bitcoin made 10$ profit now which one should i choose you say i know a man need bitcoins in future but still a man can be addicted to gambling and to all of you i want to say none of you should be addicted to anything and not to gambling and you are more Trade Bitcoin and see your future shine.
Gambling is not a place for income but gambling is a game that we have to pay with money just to get pleasure so don't ever assume that we can make a profit by placing bets in gambling games, my advice is that you should just focus on your bitcoin trading because it seems to have an understanding in trading so that you can earn income even though the dominal amount you get is only $11, but at least you still make a profit rather than having to lose money through gambling.
Sometimes I wondered how some persons think trading could be, they might think it's all about gambling but loses is what usually be the end results.

What I think is the main difference between trading and gambling is analysis and research.

With trading, you learn about historical data and analyze market trends in order to make a hypothetical movement based on what you have observed from the past. From this you can now make a decision of whether you’ll buy or sell.

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April 05, 2024, 03:35:43 PM
 #120

What I think is the main difference between trading and gambling is analysis and research.

With trading, you learn about historical data and analyze market trends in order to make a hypothetical movement based on what you have observed from the past. From this you can now make a decision of whether you’ll buy or sell.
What we need to understand here is that each thing is different, both in the way it is carried out and in the way it is analyzed, because the way to analyze the market for trading purposes is very different from gambling which only relies on luck through the bets we place. Meanwhile, for trading, everyone can rely on previous data that has occurred in the market on certain assets, although there is no guarantee of profit, but there is always the opportunity to make a profit through trading if the market is sufficient.

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