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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 1025 times)
Mst.Wangdan$ (OP)
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September 25, 2023, 03:10:13 AM
 #61

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

I mean you didn't say what you said in the right place if you went to the market place and said the words you would have got what you expected very soon here we are talking about bitcoin not about any project please you understand my point.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Sebas.tian
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September 25, 2023, 03:26:14 AM
 #62

Quote from: Mst.Wangdan$
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.

Since you have made such amount of money from your Bitcoin investment with small amount of money, I think it will make you to understand better than Bitcoin is more reliable and profitable than gambling because if you purchase Bitcoin when the price is low in the market and hold for the price to increase higher your future will definitely shine. But for gambling, many people has loss their life and properties because they don't gamble with sense like the way some people gamble with sense in the forum which is the best way not to be addicted in gambling. Do you know, if you increase your capital from $100 to $500 your income will increase in the future, but you need to apply long term holding because there is no way the price of Bitcoin will not increase through out a year.

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September 25, 2023, 03:41:37 AM
 #63

Even though it is a bit confusing, my advice is to follow your heart and learn, understand and also need a lot of patience in doing so because patience plays an important role in everything including gambling, trading and investing.
And gambling is very risky compared to trading and investing, you can even lose money in an instant because you say you don't have the patience to do it. So in my opinion you should train and increase your patience by doing trading or gambling demos, and with this you can get to know and also learn about yourself and also about trading or gambling so that you can be better before doing it.
Hopefully this can help you, because you must have sufficient patience, knowledge and understanding before doing it and know what you need after you have made the choice to study further.

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michellee
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September 25, 2023, 03:49:36 AM
 #64

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.
No doubt. But the problem is that not many can be lucky and get the jackpot or maximum win. They can only try many times and hope that luck will come. Well, everything has consequences, especially between trading and gambling. So @OP should already know about it.

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 if he only trades coins with high potential, such as Bitcoin, he can make a profit later even though he is still at a loss now. The coin will reverse course and increase past its purchase price. Using the stop loss option is a way to reduce losses if the market is bearish to avoid large losses when the price drops drastically.

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.
By continuing to learn about trading, a person can improve their ability to analyze so that their chances of making a profit can be better than before. Use previous losses as lessons to learn where the mistakes were so that we can correct them in the next trade. And becoming a professional trader requires continuous learning.

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September 25, 2023, 04:05:07 AM
 #65

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

I mean you didn't say what you said in the right place if you went to the market place and said the words you would have got what you expected very soon here we are talking about bitcoin not about any project please you understand my point.

There are many spammers on the forum and you cannot stop them from spamming even on your topic. What you should do is ignore the spam and focus on the discussions within your topic. You are new to the forum, you need to get used to this and many things will surprise you even more.

Back to your topic, it's good that you have a good start on easily making profits from bitcoin trading. But things are not always so lucky and easy. To really be able to make a profit and survive in the market, you need to learn and accumulate more experience. Don't rush to be happy and subjective when you make a profit for the first time, there are still many things waiting for you ahead.

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September 25, 2023, 04:10:41 AM
 #66

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.
All you need to do is verify what steps are suitable to take and if trading is the one you are hoping for then all you need to do is learn how it works. You can reduce risk if you understand how to trade correctly, even though in reality trading may not always give you a profit. Ultimately, every decision is in your hands and the one who can choose according to your ability to be responsible is you yourself because other people are only able to provide an overview but the one who carries it out is you yourself.

If it were me then a more rational choice would be investment because in many cases we don't need to study further and don't need to control investments regularly all the time. Meanwhile, trading requires time to see the right conditions and we will be busy studying the travel conditions of the coins we trade at all times.

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September 25, 2023, 05:03:07 AM
 #67

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.
All you need to do is verify what steps are suitable to take and if trading is the one you are hoping for then all you need to do is learn how it works. You can reduce risk if you understand how to trade correctly, even though in reality trading may not always give you a profit. Ultimately, every decision is in your hands and the one who can choose according to your ability to be responsible is you yourself because other people are only able to provide an overview but the one who carries it out is you yourself.

If it were me then a more rational choice would be investment because in many cases we don't need to study further and don't need to control investments regularly all the time. Meanwhile, trading requires time to see the right conditions and we will be busy studying the travel conditions of the coins we trade at all times.
Although verification and awareness can lessen risk, trading and the bitcoin sector are fundamentally unpredictable. It creates a false sense of control, leading people to believe that knowledge and insight can withstand cryptocurrency market volatility. Every choice is personal, but outside pressures cant be ignored.

Trading is unpredictable even for the best traders. Because they are governed by invisible persons, global economies' enormous and complex networks are continually evolving. In this pandemonium, can anyone claim freedom and control? We're experienced and knowledgeable about the market, yet its volatility throws us off. This shows we're not as good as we hope.

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September 25, 2023, 05:38:18 AM
 #68

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
You say you just started trading, have you invested the time to learn the skill itself, as trading without any is considered gambling no two ways about this. And one red flag for me is you saying you dont have the patience...news flash both gambling and trading require a lot of patience to succed in either of them.

Secondly, if you aren't hodl-ing and you say you traded to make a $10 profit, then this tells me you were leverage trading which is among the high risk kind of trading! Btw you made your first profit from trading, can you replicate this just to prove to yourself that you weren't gambling or using beginners luck.

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.
The answer is in the writing, between gambling and trading you found better luck with trading the go for trading.

Btw addiction isn't only in gambling , you can be addicted to trading if you want to make a quick profit entering at each candle move which exposes you to more losses.,hence secret to this game is patience.



R


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September 25, 2023, 07:06:16 AM
 #69

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
You are just spamming and wasting your time here. I don't think anyone will patronize you when you make comments about your service in different threads. If you continue like this, your account might be affected. The best thing you can do is create a thread on the service board to tell everyone about the service you are offering, provide proof of your previous work, and am sure that whenever anyone needs your service, they will contact you. But what you are doing currently is spamming, and I am sure there is no team that will want to give you their project to manage for them.

Secondly, if you aren't hodl-ing and you say you traded to make a $10 profit, then this tells me you were leverage trading which is among the high risk kind of trading! Btw you made your first profit from trading, can you replicate this just to prove to yourself that you weren't gambling or using beginners luck.
I guess you are right, bitcoin price hasn't really been moving recently. If you are using spot trading and you decide to trade with $100, I don't really think you will be able to make $10 profit within a short period of time, the amount that you will be able to make will be less than $10. Or maybe you are into future trading, which is kind of risky to me. I don't really encourage people to participate in future trading because of the risk. When participating in future trading, you have to be very careful during your analysis, and you have to manage your risk. Always use low leverage when trading. I don't see much difference between future trading and gambling.

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September 25, 2023, 07:21:04 AM
 #70

All you need to do is verify what steps are suitable to take and if trading is the one you are hoping for then all you need to do is learn how it works. You can reduce risk if you understand how to trade correctly, even though in reality trading may not always give you a profit. Ultimately, every decision is in your hands and the one who can choose according to your ability to be responsible is you yourself because other people are only able to provide an overview but the one who carries it out is you yourself.

If it were me then a more rational choice would be investment because in many cases we don't need to study further and don't need to control investments regularly all the time. Meanwhile, trading requires time to see the right conditions and we will be busy studying the travel conditions of the coins we trade at all times.

I'm thinking of doing both. So I do a long-term hold and use the time to trade. There was a motive that made me want to accumulate more BTC. In addition, sometimes feel happy if you make a profit from trading results. Although I don't always have to trade every day. Because sometimes I need additional money from the results of the trading I do. Although there are indeed some parts that I allocate for the long term. Indeed, the investment risk looks smaller, but you must be able to control patience. It is not owned by everyone and it takes time to practice.

R


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September 25, 2023, 07:32:25 AM
 #71

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 understand what you want to convey that from your experience you make money more easily compared to gambling. Well, it seems that Bitcoin trading can give you better profits compared to gambling and if you feel that you are more suited to it, you should just stick to it, maybe you will become a successful Bitcoin trader, who knows.
Maybe just as a suggestion, in the next post you should pay attention to punctuation so that readers don't guess what you want to convey.

R


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September 25, 2023, 08:47:31 AM
 #72

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.

Could you please tell us what is the point of creating two new accounts at the same time while you are learning things? What is the point of creating multiple threads all over the forum with your broken English when you are supposed to read more and write less so you can improve yourself? You decided to create two accounts simultaneously, rank them up as soon as possible, and join some campaign to make money. I am sorry to say, but you have a long way to go, and it's not easy to rank up an account. Yet you are trying with two accounts at the same time. Please Stop creating threads for each and every reason.

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September 25, 2023, 09:10:19 AM
 #73

Comparing Bitcoin to gambling doesn't feel right to a lot of people. From what you've shared, it sounds like you've found more potential in Bitcoin trading and that it's been more profitable for you than gambling. If you're feeling the Bitcoin vibe, keep learning and go with it. Maybe you're on your way to being a crypto mogul lol
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September 25, 2023, 09:18:13 AM
 #74

No offense, it's a matter of choice when choosing between gambling and trading, as riskier as gambling is, you will see many people leaving trading for gambling, it depends on what works for you, there are some people who find their luck in the hardest ways and gambling is a good example, if you force them to learn trading, they might not be lucky with trading, upon the fact that trading works best with analysis and tool.

It's not a must to be in these two, just find the one that suits you better and focus on it, I am into both but I spend time to learn trading, I was never in a rush to start making money, I was like ' knowledge first, before everything else, if your knowledge is high level, money will follow.

If I have to choose between trading and gambling I will go for trading, this is my own opinion and I am talking for myself, it's not an advice for anyone, I choose trading because it requires skills only, and since gambling is all about luck then gambling is more risky than trading.

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September 25, 2023, 03:38:47 PM
 #75

Quote from: Mst.Wangdan$
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.

Since you have made such amount of money from your Bitcoin investment with small amount of money, I think it will make you to understand better than Bitcoin is more reliable and profitable than gambling because if you purchase Bitcoin when the price is low in the market and hold for the price to increase higher your future will definitely shine. But for gambling, many people has loss their life and properties because they don't gamble with sense like the way some people gamble with sense in the forum which is the best way not to be addicted in gambling. Do you know, if you increase your capital from $100 to $500 your income will increase in the future, but you need to apply long term holding because there is no way the price of Bitcoin will not increase through out a year.
Both bitcoin investment and gambling has its own risk. But with gambling ofcourse it has a higher risk of losing ‘coz things happen in an instant and it depends solely on your fate as a gambler. With Bitcoin, as we all know, analysis work which lessens the risk. Bitcoin and other cryptos’ market value are volatile and affected by many factors. But if it is with higher chance of winning, investment would be better. You’d only lose from your Bitcoin investment once you choose to sell early while with gambling; if you’re unlucky then you may not expect for a better outcome than losing. These Two things are different from one another but the thing that connects these to is risk.
Comparing Bitcoin to gambling doesn't feel right to a lot of people. From what you've shared, it sounds like you've found more potential in Bitcoin trading and that it's been more profitable for you than gambling. If you're feeling the Bitcoin vibe, keep learning and go with it. Maybe you're on your way to being a crypto mogul lol
It is just fine for me than to push oneself with a scheme he often lose. This might also help those people who are frustrated with their crypto journey in particular with what should be their focus to earn from this industry. Some would still prefer gambling and that’s just fine, likewise with Bitcoin investment.

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ancafe
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September 26, 2023, 01:31:24 AM
 #76

Although verification and awareness can lessen risk, trading and the bitcoin sector are fundamentally unpredictable. It creates a false sense of control, leading people to believe that knowledge and insight can withstand cryptocurrency market volatility. Every choice is personal, but outside pressures cant be ignored.

Trading is unpredictable even for the best traders. Because they are governed by invisible persons, global economies' enormous and complex networks are continually evolving. In this pandemonium, can anyone claim freedom and control? We're experienced and knowledgeable about the market, yet its volatility throws us off. This shows we're not as good as we hope.
What I mean is verifying the suitability of the choices made by each person, it does not mean that bitcoin can be predicted accurately and if you think bitcoin is unpredictable you are also wrong because there are hundreds of predictions that appear every day. It's just that the accuracy of the predictions is not completely correct because Bitcoin is quite speculative regarding its volatility. Therefore, knowing the compatibility in it is quite important so that someone can be responsible in investing or trading

Trading is much more difficult to do because not everyone has the ability to read market or coin movements. But if we invest in Bitcoin it will be much easier because all we need to do is be patient and wait for the cycle process to run for the next ATH. Knowledge will give an idea of how the cycle works for bitcoin and calm will give an idea of what needs to be done even if bitcoin is in a severe downturn.

I'm thinking of doing both. So I do a long-term hold and use the time to trade. There was a motive that made me want to accumulate more BTC. In addition, sometimes feel happy if you make a profit from trading results. Although I don't always have to trade every day. Because sometimes I need additional money from the results of the trading I do. Although there are indeed some parts that I allocate for the long term. Indeed, the investment risk looks smaller, but you must be able to control patience. It is not owned by everyone and it takes time to practice.
It would be much better if one could do both and if one cannot do both at the same time then that is where appropriate selection verification is needed. It's different when faced with some people who really prefer risk and usually people like this will trade to increase their daily income. I am also a typical person who chooses both, but trading is not done regularly and usually I will trade when I have good momentum in a slightly more enthusiastic mood.

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HONDACD125
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September 26, 2023, 02:56:18 AM
 #77

No offense, it's a matter of choice when choosing between gambling and trading, as riskier as gambling is, you will see many people leaving trading for gambling, it depends on what works for you, there are some people who find their luck in the hardest ways and gambling is a good example, if you force them to learn trading, they might not be lucky with trading, upon the fact that trading works best with analysis and tool.

In my opinion, I should not choose gambling when choosing trading and gambling, because gambling is considered a crime in our country.Gambling is dangerous because people give up everything for it.I have seen many people sell household goods and lose gambling. People lose their property and personal belongings in gambling. You can't live your whole life on luck. It may be the fortune of a few but not for all.


If I have to choose between trading and gambling I will go for trading, this is my own opinion and I am talking for myself, it's not an advice for anyone, I choose trading because it requires skills only, and since gambling is all about luck then gambling is more risky than trading.

Of course choosing trade between trading and gambling will be your best decision. If you give someone advice about trading, it will be good advice. Both experience and skill are essential for trading. People who have good experience and skills are able to earn good profit from trading. This requires understanding and then trying to learn the crypto market. High risk in trading is only if you start trading without experience and knowledge, while gambling can be risky all the time, because in gambling your experience never comes in handy but you just have to play on luck.


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lienfaye
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September 26, 2023, 03:27:42 AM
 #78

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.
Ask yourself, what would you choose, Bitcoin trading where you had an experience to gain or gambling where you lose money instead of gaining? Be wise to always in the side where you can gain instead of losing your money.

Since you already experience and aware on how to trade Bitcoin, focus on that and see what you need to improve in order to maximize your profit. There are times everything will not go as planned but sometimes you need to experience those to be aware on what strategy to use and how to deal with such situation.

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September 26, 2023, 11:11:41 AM
 #79

You shouldn't be addicted to anything because the more you do, the more you are compromising your life and eventually you will lose it because you don't know what to do anymore when you lose everything. that's why we always need to know when to stop and always be in moderation because whenever things don't fall into the place where we want them to be, we can still find a way to stop it and change the course of our lives. It was nice for you to learn it before it was too late because it's not that bad to wait for the price of bitcoins to rise and eventually get back your capital and some decent amount of income than to think of your loss from gambling which you will never get back again after you lose everything.

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hafiztalha
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September 26, 2023, 11:32:14 AM
 #80

Between Bitcoin trading and Bitcoin gambling, I would suggest that you focus your activity on Bitcoin trading.  Gambling although entertaining have high risk of losing.  Besides, between the two Bitcoin trading strategy is way more effective to have a positive result than any gambling strategy.  If you are able to understand the market movement, you will be able to predict the price movement and may take advantage profiting from it.  Unlike in gambling where you can learn the mechanics of the game but cannot take advantage of the knowledge because the result of gambling is random.  It does not follow any certain pattern or any fundamentals that will give us a hint on the next result of our wager.
I agree  with you. The result of gambling is the destruction of the empire. My friends dad gambled for many times, but he got prize for few times only, after it became habbit of him. He lost his everything in gambling, he had many properties, land and business. But now he is a 
Poor man. If he invests in Bitcoin, he would become a billionaire because he was a millionaire. He can double  your money for multiple  times by investing wisely. Habits  control our life. Gambling habit threw him in poverty. I saw many people who passed this process and became poor and they are facing difficult time.

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