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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 1038 times)
xSkylarx
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September 24, 2023, 05:00:08 AM
 #41

The way you explain both is a form of source of income, trading would be feasible to be our source of income but gambling is not so comparing both is not good as you treat gambling as money-making which is only a form of entertainment. Gambling is just for fun to lose your money and trading is a kind of investment where you put your skills and knowledge into it to win trades and earn profit. That is why you should focus on trading and not think about gambling if you want to earn money because if you focus more on trading you will learn a lot about financial aspects.
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September 24, 2023, 05:13:36 AM
 #42

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.

What you are doing with bitcoin trading is gambling as well, and I am sorry that the responses in the thread are congratulating you because they are leading you to the ruin of what little money you have. It is clear that you don't know much about bitcoin, investment or profitability. You have made 10% in one day, and profitable traders, who are a very low percentage (close to 0), can make 10% a month.

It is clear that you don't know much about bitcoin, investment or profitability. You have made 10% in one day, and profitable traders, who are a very low percentage (close to 0), can make 10% a month.

Take philipma1957's  and EFS' advices, it is better to do DCA with the little money you can save. And try to earn money in other ways to be able to invest in bitcoin, not for trading which, especially as you do it, is the same as gambling.

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September 24, 2023, 05:14:59 AM
 #43

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 nothing close to bitcoin trading the two worlds are absolutely of different dimension and can't be compared when it come to what anyone stands to gain in delving into both. If not for anything par-say Trading is a skill but gambling is never regarded as a skill even though they both involve risk taking.

I'll advise you to pick bitcoin trading far above gambling in every case. Addiction is to something generally discouraged but if am to be addicted to anything between gambling and trading, with both arms I'll embrace trading and damn the consequences.
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September 24, 2023, 05:27:26 AM
 #44

Those are both possible ways to earn in crypto investment or trade you can easily manage to get money with your knowledge proper timing; the difference on gambling is that you've been playing, waiting for the outcome, and now you can easily get a profit or loss. The main difference is the time frame to get the result. But choosing gambling as one of the sources of income takes a lot of time before you achieve the profit you want, for playing safe and skills, you've better choose the investment or trading.

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September 24, 2023, 05:56:23 AM
 #45

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.
Today you easily earned $10 by trading bitcoin, and tomorrow you will easily lose $100 by the same trading. Trading for me is practically no different from gambling - everything is tied to luck in the same way. Because both the gambler and the trader have practically no influence on the current situation, but are only trying to predict a possible event. A casino bet or buy order is a forecast for the expected turn of events.

Everyone knows about gambling addiction, but have people discussed addiction to trading? In my opinion, this illness also exists.

It would be better if you learned how to hold bitcoin than engage in the above nonsense.

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September 24, 2023, 06:19:30 AM
 #46

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.
You want to say that you invested $100 in Bitcoin and earned a $10 profit, while you lost $11 in gambling with a $100 capital. If I understand you correctly, then it seems to me that you have knowledge and experience in trading. If you have trading experience, why did you venture into something like gambling, where you have no prior experience?
Moreover, if we look at it, gambling is not a good option. It's a luck-based game. My opinion is that one should be capable of monitoring all situations themselves rather than leaving everything to luck.

My point here is that if you realized that trading gave you profits, why did you choose the path of gambling without proper knowledge or experience? It appears that greed led you astray, and greed is an incurable addiction that can hinder success in both the crypto space and gambling. I apologize if my words come across as harsh, but my intention is to make you understand. I hope that now you won't have any doubts about making the wrong choices in the future.

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September 24, 2023, 06:28:30 AM
 #47

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.

Trading and gambling both have the same risks, namely profit and loss. If you want to invest in bitcoin, the easiest and least risky thing is to save bitcoin. No need to trade and gamble, just hold it for up to 10 years. If you look at the history of bitcoin price movements, the price of bitcoin will be very expensive in the next 10 years and you will profit from it.

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September 24, 2023, 06:47:11 AM
 #48

Gambling is not bad as long as you can use it well. But gambling is different from trading. In trading, you need the ability to analyze to enter the market and exit with a profit. But even if you can't make a profit, that's okay if you still want to learn more about trading.

And if today you lose in trading, maybe tomorrow you can make a profit from trading, but you have to be able to find the right moment to trade. The important thing is that you keep learning more about trading so that your chance to make a profit can be even better.

And don't give up if you can't make a profit. You still have time to learn to trade so use it to improve your skills.



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September 24, 2023, 10:26:38 AM
 #49

Bitcoin trading will be profitable for you as compared to gambling but if you don't have patience and take steps unknowingly then there will be no difference between trading and gambling.

As you are getting profit in gambling so may be this profit is minimum and temporary but I don't agree with those people who gamble just for fun because this fun will turn into misery.

Many people consider gambling and trading as same but they are very dissimilar because observation of luck or utilization of knowledge has nothing in common. In short just focus on getting knowledge after which trading will be profitable for you because bitcoin always gives you worthy chance if you do whatever a successful trader do.
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September 24, 2023, 11:46:06 AM
 #50

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.
What you need to understand is that both of them have a risk but trading in gambling is more high risky than Bitcoin, because if you trading in gambling with $100 today possible you fit lost $70 tomorrow without any profits. But trading in Bitcoin eve have guaranteed because invest in Bitcoin is just like save a Bitcoin if time come that he pump  you earned your enough profit.

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September 24, 2023, 01:16:05 PM
 #51

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.
Today you easily earned $10 by trading bitcoin, and tomorrow you will easily lose $100 by the same trading. Trading for me is practically no different from gambling - everything is tied to luck in the same way. Because both the gambler and the trader have practically no influence on the current situation, but are only trying to predict a possible event. A casino bet or buy order is a forecast for the expected turn of events.

Everyone knows about gambling addiction, but have people discussed addiction to trading? In my opinion, this illness also exists.

It would be better if you learned how to hold bitcoin than engage in the above nonsense.
I really agree with you that with gambling or trading both have the risk of losing, we rely on the predictions we make and hope that luck will be on our side so we can win. It is true that very few people discuss trading addiction, so before trading we need to really understand what we are going to do so that we can control ourselves if we experience failure in trading. Currently, Bitcoin has the potential to make a profit and we need to understand well how to buy it and there are many other things we need to learn about investing in Bitcoin.

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Mst.Wangdan$ (OP)
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September 24, 2023, 02:16:47 PM
 #52

Well, if you don't like gambling and don't have the patience to play gambling games, then I guess gambling isn't for you. You gamble only when you enjoy it. If you don't, there's no reason for you to do it.

It seems you enjoy trading. It's possible it's because you made some profit right at the start, but be careful. Gambling and trading have similarities. One of which is that in both, you are actually guessing more or less. While your guess in trading could be an informed one, since Bitcoin's price is highly unpredictable, your order remains to be just like a gambling bet.

So, for somebody who's just starting, keep those trades small. Don't be greedy. Taking a small profit is oftentimes better than risking for a bigger one.




Of course I don't like gamblers who gamble their lives are destroyed one day and no one can profit from it. You will own a lot of money for a short period of time and then you will lose again because of your gambling addiction.

A person will prefer trading in a short period of time because it has more number of losses less profit. If you are going to take losses, you will see before your eyes that you are taking losses. You can't pay it back in a short period of time that's why trading has become so popular with a man and I hope everyone will trade and light up your future.


I feel that one should not be greedy in anything, one who is greedy will end his life in a few days because the downfall of the greedy is that everything should be happy with little gain.
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September 24, 2023, 02:24:34 PM
 #53

You traded $100 and made a profit, but lost it in gambling. They set that trap for you. You dont understand the game, so they strike. The powers that be want us to be lost, confused, throwing our hard-earned money away. They utilize frustration and confusion.

You say you dont think gambling is bad because you dont understand it? Thats the first chain they bind us with. Ignorance. Free yourself! You know Bitcoin trading can make money. Stick to it. Learn it thoroughly. Learn every aspect of crypto. Avoid gambling addiction. The future is bright if we dont allow ourselves to be sucked into gambling. Stand firm. Reject addiction, embrace knowledge and patience. Embrace bitcoin

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September 24, 2023, 07:40:50 PM
 #54

Now i have by android phone i am on bitcoin forum i hope i learn bitcoin trading i want to buy laptop.


And if I stay away from gambling games all the time then I will get success very soon in my life.
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September 24, 2023, 07:41:30 PM
 #55

You are a person with uncertainty, and that can cause problems for any type of activity you start, that example you mention is very generic.

On the other hand, the fact that bitcoin is mentioned does not have to be a topic of discussion about bitcoin.

In short, regardless of whether it is a bet or an investment that is made, it must always be done out of conviction and not by condition, such as betting to obtain better income to pay off debts, etc.

Or investing in bitcoin to "get" rich, the results are not always as expected and in addition to that, if you are a person who has no control and then you discover that you become addicted, the situation is much worse.

In both cases you can be a winner or a loser, and regardless of that you are also addicted, there is a bad belief in thinking that the gambling addict appears with losses.

Common sense, take that $100 and go to a specialist and have them diagnose you if you are prone to being addicted, it is a good investing.

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September 24, 2023, 07:53:02 PM
 #56

Your English is kind of bad to read but I still understand the message that you are passing, Bitcoin investment is better than gambling, for one to make money you just require patient and not trying out your luck in gambling, you can play multiple games on gambling and win almost all of them but making little investment in bitcoin and holding your bitcoin strong for long can give someone a profit which they can be very bold of. Gambling it’s not as profitable as bitcoin and as such one should deem it necessary to invest in bitcoin rather than wasting their money on gambling.
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September 24, 2023, 07:54:11 PM
 #57

You can make money from trading and gambling. But choose what you think where you're good at. A trader can lose entirely his funds on his trading account on an instant depending on his trade like in margin. And the same goes with a gambler which is more common than trading.
While there are other options in trading where you can just simply do it on the spot without having the worry that it will go down to zero. The risk is there depending on the choice of the coins that you're going to trade. If a coin or token you chose has zero liquidity and volume, consider it as an entire net loss.

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September 24, 2023, 10:06:10 PM
 #58

Gambling is not bad as long as you can use it well. But gambling is different from trading. In trading, you need the ability to analyze to enter the market and exit with a profit. But even if you can't make a profit, that's okay if you still want to learn more about trading.

Gambling is way better than trading IF a person happens to be very lucky and hit the jackpot or max win of a certain game.  It is way faster than trading, faster to win if one is lucky and faster to lose all the BTC funds if one is unlucky.

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And if today you lose in trading, maybe tomorrow you can make a profit from trading, but you have to be able to find the right moment to trade. The important thing is that you keep learning more about trading so that your chance to make a profit can be even better.

If one is knowledgeable on how to know the entry and exit point of trade, he is more likely to avoid losses.  A trader can also use stop loss option to prevent himself from losing too much or preserve his profit percentage.

And don't give up if you can't make a profit. You still have time to learn to trade so use it to improve your skills.

Learning is continuous and I agree that we should strive and persevere even though we have experienced losses, the good part is we accumulate knowledge on those experiences that can serve as our stepping stone to understanding the market and start profiting after learning the curves of trading.

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September 25, 2023, 02:56:48 AM
 #59

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.

No offense but it's silly for you to compare bitcoin to gambling, like you're equating investing in bitcoin to gambling. This is really a misleading comparison and there is nothing more to discuss. Bitcoin is an asset, a potential investment, and it should be compared to gold or other investments such as forex stocks. Meanwhile, gambling is considered a bad thing in many countries because it has caused a lot of losses to people addicted to gambling. Although gambling is simply an entertaining game, many people abuse it excessively.
What you say is correct, but what OP means is that he cannot resist the urge to gamble when he has the opportunity. For those who are addicted to gambling, this is very difficult to control, in fact anything in life can be used as gambling for those who are addicted. .
Bitcoin is clearly profitable if you invest or trade (with proper knowledge), even though there is quite a large possibility of profit or loss and it is clear that Bitcoin cannot be compared to gambling.
For those who are addicted to gambling, it would be good to learn to control themselves first before deciding to trade or invest in Bitcoin.

If he is addicted to gambling and cannot give it up completely, I would even advise him not to start with trading. Because there is no guarantee that he will not use his gambling emotions in trading. Trading and gambling have a very thin line when you lose and if you cannot control your emotions. You want to fight the market, you want to regain what you lost and rush into trading, at that time it is like you are gambling, not trading.

You're right, for people addicted to gambling, the first thing to learn is to control their emotions, if they can't control their emotions, switching from gambling to trading will not make them better.

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September 25, 2023, 03:07:22 AM
 #60

I am Bitcoin who want to launch new project please contact me I do project development and I will promote your project information in all network through bounty promotion if anyone want to do new project development please contact me my work price is small  Salary but I will work hard inshallah
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