The difference between gamblers and real Bitcoin investors?

[Obari]

Restless and waiting are two opposite things, and are also what help us distinguish between a true Bitcoin investor and a gambler.

In other words, you’re trying to say that, those who profit from buying and selling like that of a regular trade is just merely gambling.  Wow but I think you’re wrong, a good trader doesn’t just wake up to do a guess work of starting a trader of either buying or selling, but rather they what is called technical analysis before executing any contract market.
You also have to know that, there are several means to earn from bitcoin and cryptocurrency which ranges from holding, trading, arbitrage and the rest of them, and eBay matters most at the end of the day, is that we are making profits above  losses.

Bitcoin investment is a great task but the real bitcoin investors already know that, the actual profit is in the holding without much risk and that’s why, real investors always seek every possible ways to buy and accumulate when there is a dip because they already have the consciousness that, no matter how long it stays sipping, bitcoin will definite hit a new all time high price and that’s where the hope of a long time holder lies and you wouldn’t slam blame others for not choosing the path of investment because they’re other several ways you can earn from bitcoin which include the trading and trust me , a lot of people are doing extremely well in  the field rather than buying and just holding in this current economic situation which I think wouldn’t be easy for one to keep up with.

[Stalker22]

Investing in Bitcoin is tricky business.  On one hand, having patience and holding those coins long-term has paid off for many people.  but some legendary Bitcoin ballers also made bank by strategically buying and selling at the right times. So which is the best approach?

The truth is, Bitcoin investing takes both discipline and occasional calculated risks.  You cant just blindly hodl and expect to strike it rich.  Nor can you day trade Bitcoins like stocks and not get rekt.  You gotta have the guts to buy when there is blood in the streets, even if that means going against the herd.  But you also cant freak out and panic sell when the price crashes. 

Having patience is key no doubt.  But even masters like Michael Saylor dont just sit on their hands.  When the time is right, they pounce to increase their stacks.  That takes balls of steel and acting while others are paralyzed with fear.

So in the end, successful Bitcoin investing requires inner confidence and zen, grasshopper.  But also the wisdom to move decisively when opportunity knocks.  Just buying and passively waiting wont cut it.  The patient lion waits for the right moment before going in for the kill.  Be the lion!

[Ale88]

If you ask me, what is the hardest job? Then perhaps my answer will be the investment profession. It is a truly unique and harsh profession compared to other professions. Especially with Bitcoin and a volatile market like cryptocurrency.

You will see that every area of ​​life (sports, education, business, music, academics...) is a competition for rankings. But investing is completely different, it's not about how much money you make compared to those around you, it's a very unique profession, when what you fight for and win is not with others who join the market that is yourself. Win over yourself.

The challenge for Bitccion investors is not to try to find the best information the market has to offer, but to prevent themselves from being their own worst enemy - to prevent themselves from “restless”- buy and sell continuously

Restless busy has probably become an ingrained instinct in everyone's mind. A normal working person is too used to working 8 hours a day, their mind will always urge them to work. When you wake up and go to the company, you have to work. If you don't work with your hands, you work with your mind. You're always in a state of thinking or acting and you have to do this or that to make money. This makes them think that when they join the market, they You also have to work hard and hard to make money from the market. 
As I said, investing is a profession that is extremely different from other professions, especially with Bitcoin and the cryptocurrency market. The way legends make money is not mainly from buying and reselling transactions, but from "waiting".

Restless and waiting are two opposite things, and are also what help us distinguish between a true Bitcoin investor and a gambler.

Being an investor, or trying to make a living out of it, for me is kind of being an entrepreneur: you are betting on yourself, on your abilities, on being better than others who failed while trying to do the same thing. It's something different from owning a sandwich store but the point is that it's all on you, if you make mistakes nobody is going to help you. The risk is that it could also be difficult to actually separate your personal life and work because crypto markets are open 24/7, so you may end up checking what's going on all the time.

[ChiBitCTy]

I would consider a "real bitcoin investor" someone like myself.  Someone who spent an entire year studying bitcoin before ever even buying a single satsohi.  I wanted to make sure that I fully understood bitcoin, the blockchain and how everything works.  The majority of people I know, have absolutely no idea about how bitcoin works.  They couldn't even tell you what the blockchain is.  Very annoying.

[MainIbem]

Op, I think you are making a big mistake here by thinking that Bitcoin investment is a profession because it is not, Bitcoin investment isn't harsh, infact it is as easy as other investments which you can't do without acquiring knowledge, you better don't discourage people with this post of yours cause a lot of people may think that people who are Bitcoin investors are in hardship while they don't know anything about the investment.

 I must commend you for bringing that to the OP's notice, such statement could discourage newbies that are interested in investing on Bitcoin cause they'll all see it as a very difficult task to embark on whereas it's not. Investing in Bitcoin is not like a professional job in Cryptocurrency I see it as a passive way of making money cause one could buy and hold Bitcoin for a long interval and still earn lots from it and that would still give one an opportunity or enough time to still focus on other activities unlike professional jobs in Cryptocurrency like data scientist or even a blocblockchain developer. I think one of the easiest way of even making money is buying and holding Bitcoin for a long term those who bought Bitcoin at 40-$50k and sold at 70k could testify that, all one just need to do is to gain a proper knowledge and understanding bout Bitcoin investment before going into it then they're good to go.

[romero121]

Looking at the title, I thought it was about people making investments without proper knowledge, making money, and soon losing it. This is a real gamble, and even now more people are doing it because they believe that the cryptocurrencies on the leading order will have at least a small variation in price regularly. These are the people who don't have the patience, they just want to book the profit as soon as possible. At times, they won't be able to achieve it, and by then, they should've kept hold of their assets. What they do is sell on losses and blame the market. As said, real investors are the common investors who keep hold when the market moves downward.

[Stepstowealth]

Op, I think you are making a big mistake here by thinking that Bitcoin investment is a profession because it is not,

If investing in bitcoins is a profession or a job, you will not be able to combine it easily with other sources of income, but since you can comfortably invest in bitcoins whilst still having a job or business, it is not a job or profession, just an opportunity.

I would consider a "real bitcoin investor" someone like myself.  Someone who spent an entire year studying bitcoin before ever even buying a single satsohi.  I wanted to make sure that I fully understood bitcoin, the blockchain and how everything works.  The majority of people I know, have absolutely no idea about how bitcoin works.  They couldn't even tell you what the blockchain is.  Very annoying.

You have accurately given the difference between the real investors in bitcoins, and others who are gambling on it.The difference is in the knowledge. Real investors know what they are getting into, the gamblers do not.

[kotajikikox]

Looking at the title, I thought it was about people making investments without proper knowledge, making money, and soon losing it. This is a real gamble, and even now more people are doing it because they believe that the cryptocurrencies on the leading order will have at least a small variation in price regularly.

This is where the whole “cryptocurrencies are scams” ordeal came from.

People invest their money into crypto thinking it would give them easy profit. They think they don’t have to exert effort into it. Holding is just basically waiting but it is still accompanied by great knowledge and cautious planning.

The sooner people realize that investing in crypto isn’t all rainbows then they can properly learn about the risks and possible consequences and try their best to avoid making those mistakes

[Fivestar4everMVP]

If you ask me, what is the hardest job? Then perhaps my answer will be the investment profession. It is a truly unique and harsh profession compared to other professions. Especially with Bitcoin and a volatile market like cryptocurrency.

You will see that every area of ​​life (sports, education, business, music, academics...) is a competition for rankings. But investing is completely different, it's not about how much money you make compared to those around you, it's a very unique profession, when what you fight for and win is not with others who join the market that is yourself. Win over yourself.

The challenge for Bitccion investors is not to try to find the best information the market has to offer, but to prevent themselves from being their own worst enemy - to prevent themselves from “restless”- buy and sell continuously

Restless busy has probably become an ingrained instinct in everyone's mind. A normal working person is too used to working 8 hours a day, their mind will always urge them to work. When you wake up and go to the company, you have to work. If you don't work with your hands, you work with your mind. You're always in a state of thinking or acting and you have to do this or that to make money. This makes them think that when they join the market, they You also have to work hard and hard to make money from the market. 
As I said, investing is a profession that is extremely different from other professions, especially with Bitcoin and the cryptocurrency market. The way legends make money is not mainly from buying and reselling transactions, but from "waiting".

Restless and waiting are two opposite things, and are also what help us distinguish between a true Bitcoin investor and a gambler.

Well, not absolutely clear but I understand that you are trying to share an important information on how important it is for a bitcoin investor to have patient and hold for a longer time period, for holding for a longer time is where the most profit lies in bitcoin investment.

You are not wrong at all, but then, investing in bitcoin can never be compared to gambling, because both are not of the same category or compatibility to be compared with each other, if you really want to compare gambling with cryptocurrency, then I think meme coins, most especially degen meme coins are best suitable to be compared to gambling.

And also important you know that not every one buying bitcoin are buying sole for profit, and not also everyone buying bitcoin wants to hodl for a long time, people have different agendas and plans on why they put their money into bitcoin, short terms seller shouldnt been seen as gamblers, because everyone have reasons for their decisions and indecisions.

[Questat]

If you ask me, what is the hardest job? Then perhaps my answer will be the investment profession. It is a truly unique and harsh profession compared to other professions. Especially with Bitcoin and a volatile market like cryptocurrency.

...

It is the hardest way as you think but I/we don't mind nor complain about it because we want to improve. No risk, no gain. That is exactly how life has been described. Life is not gambling that we rely on luck and if we get the luck we become a wealthy person but it is indeed a need of sacrifice and hard work. In fact, all the profession needs hard work and dedication isn't it?

If we think investing in crypto or any form of investment and profession is our passion, I don't think there is a reason to feel hard but instead, a love to show.

[Volimack]

As far as I am concerned no one can invest without proper knowledge in crypto there will be risks but for those investors who understand the position of the market it is easy to deal with the risks. Many people have less tolerance for gambling and they become greedy. But true investors never lose their grip and choose the right currency and invest for long periods when the market goes down which will give them good returns.

[Essential10]

As far as I am concerned no one can invest without proper knowledge in crypto there will be risks but for those investors who understand the position of the market it is easy to deal with the risks. Many people have less tolerance for gambling and they become greedy. But true investors never lose their grip and choose the right currency and invest for long periods when the market goes down which will give them good returns.

Yes, it is true that a bitcoin investor carefully researches the market and takes long term risks we can also call strategic planning. But while a gambler gets a chance to gain slowly in the beginning, later they get greedy and rely on luck, chance and guesswork for a quick gain. They never consider the long term like a Bitcoin investor, in a situation they make emotional decisions and risk money. A Bitcoin investor struggles with patience, while a gambler craves instant gratification, willing to take big risks for the chance to make a quick profit, often leading them to ruin their money.

[davis196]

There's no such thing as "investment profession". Day trading might be called profession. Investing in general isn't a profession, because the investors might have regular jobs and investing is their side hustle or a way to make their savings grow.
The comparison between gamblers and investors has been done a thousand times and it's plain stupid.
Gamblers: Spending money on luck-based games, expecting big profits with no effort (and most of them are doing this for fun).
Investors: Trying to invest their savings in order to get a steady ROI and to grow their wealth.
In summary, comparing gamblers to investors is like comparing apples to bananas.

[peter0425]

Investing in Bitcoin is tricky business.  On one hand, having patience and holding those coins long-term has paid off for many people.  but some legendary Bitcoin ballers also made bank by strategically buying and selling at the right times. So which is the best approach?

The best approach depends on what you need. If you can afford to keep waiting then that would be excellent but I really believe that if there are other ways, quicker and sure, then why not right?

If you can take and manage the risks, go ahead but the safest option here is to keep holding until you reach your goals.

[mindrust]

Gamblers are all about “hit and run”. They wager big and they want instant returns. That’s why these people mostly make leveraged bets because they don’t have the stomach to wait for 2-3 years.

Investors are in the long-play. They are also gamblers but they are not players. There is a distinct difference. Investors act like the casino/the house because they have lots of patience and they want returns. They don’t care how long it will take. In the long run they almost never lose.

[God bless u]

If you ask me, what is the hardest job? Then perhaps my answer will be the investment profession. It is a truly unique and harsh profession compared to other professions. Especially with Bitcoin and a volatile market like cryptocurrency.

You will see that every area of ​​life (sports, education, business, music, academics...) is a competition for rankings. But investing is completely different, it's not about how much money you make compared to those around you, it's a very unique profession, when what you fight for and win is not with others who join the market that is yourself. Win over yourself.

The challenge for Bitccion investors is not to try to find the best information the market has to offer, but to prevent themselves from being their own worst enemy - to prevent themselves from “restless”- buy and sell continuously

Restless busy has probably become an ingrained instinct in everyone's mind. A normal working person is too used to working 8 hours a day, their mind will always urge them to work. When you wake up and go to the company, you have to work. If you don't work with your hands, you work with your mind. You're always in a state of thinking or acting and you have to do this or that to make money. This makes them think that when they join the market, they You also have to work hard and hard to make money from the market. 
As I said, investing is a profession that is extremely different from other professions, especially with Bitcoin and the cryptocurrency market. The way legends make money is not mainly from buying and reselling transactions, but from "waiting".

Restless and waiting are two opposite things, and are also what help us distinguish between a true Bitcoin investor and a gambler.

I think we can do distinguish between gamblers and BTC traders if we separate the meme coins investors and the investors into BTC.

The thing is that everyone here knows that the price and volatility of meme coins can't be predicted. Then why they're investing into meme coins just because they like to gamble a little. On the other side people investing into useful altcoins and BTC are more of a strategical traders that trade on their skills.

[Die_empty]

The challenge for Bitccion investors is not to try to find the best information the market has to offer, but to prevent themselves from being their own worst enemy - to prevent themselves from “restless”- buy and sell continuously

Restless busy has probably become an ingrained instinct in everyone's mind. A normal working person is too used to working 8 hours a day, their mind will always urge them to work. When you wake up and go to the company, you have to work. If you don't work with your hands, you work with your mind. You're always in a state of thinking or acting and you have to do this or that to make money. This makes them think that when they join the market, they You also have to work hard and hard to make money from the market. 
As I said, investing is a profession that is extremely different from other professions, especially with Bitcoin and the cryptocurrency market. The way legends make money is not mainly from buying and reselling transactions, but from "waiting".

OP these are your views and I don't dispute it because you have your experience. I have not engaged in Bitcoin trading so I don't know how it works but from studies and experience from others I can say it requires lots of current information and dedication.

However I see investing in Bitcoin as the simplest form of investment than others. Putting money into real estate requires lots of bureaucratic process that can make it tiring. Establishing and running a business can also be stressful. But the Bitcoin cycle has been consistent for so many years which makes investment predictable. Just invest what you can afford to live without and ensure you keep your coins safe. Use DCA to invest conveniently at your own pace. Then you should have at the back of your mind that just like other businesses there are risks to face losses. 

[Distinctin]

I would consider a "real bitcoin investor" someone like myself.  Someone who spent an entire year studying bitcoin before ever even buying a single satsohi.  I wanted to make sure that I fully understood bitcoin, the blockchain and how everything works.  The majority of people I know, have absolutely no idea about how bitcoin works.  They couldn't even tell you what the blockchain is.  Very annoying.

I would agree that a real bitcoin investor should establish a good foundation of knowledge first before deciding to take the risk. However, studying bitcoin even for a year cannot guarantee a successful investment. Experience and continuous exposure to the market by starting to invest at a small amount is more necessary. That way, you can apply everything you have learned and test if they really work for your investment or not. Also, learn from the experiences of early investors as their suggestions and ideas may contribute a big help to the success of your investment.

[benalexis12]

Bitcoin investors are very different from gamblers; they are not the same; rather, they are actually different categories. In terms of how they make money from gambling, it's really just based on luck. Even if you don't know anything or if you're a first-timer, when luck reaches you, you can really win millions but this is very seldom to happen.

But being a bitcoin investor is, of course, a type of investment that you are looking for that can return you a good ROI on the capital that you will use here, and if you allocate it to your bitcoin, you will definitely have a profit, as long as you just wait. In gambling, it's not like that; you have to bet to know if you will hit or not. With Bitcoin, once you buy it, you earn it.

[In_cu_bent]

If you ask me, what is the hardest job? Then perhaps my answer will be the investment profession. It is a truly unique and harsh profession compared to other professions. Especially with Bitcoin and a volatile market like cryptocurrency.

You will see that every area of ​​life (sports, education, business, music, academics...) is a competition for rankings. But investing is completely different, it's not about how much money you make compared to those around you, it's a very unique profession, when what you fight for and win is not with others who join the market that is yourself. Win over yourself.

The challenge for Bitccion investors is not to try to find the best information the market has to offer, but to prevent themselves from being their own worst enemy - to prevent themselves from “restless”- buy and sell continuously

Restless busy has probably become an ingrained instinct in everyone's mind. A normal working person is too used to working 8 hours a day, their mind will always urge them to work. When you wake up and go to the company, you have to work. If you don't work with your hands, you work with your mind. You're always in a state of thinking or acting and you have to do this or that to make money. This makes them think that when they join the market, they You also have to work hard and hard to make money from the market. 
As I said, investing is a profession that is extremely different from other professions, especially with Bitcoin and the cryptocurrency market. The way legends make money is not mainly from buying and reselling transactions, but from "waiting".

Restless and waiting are two opposite things, and are also what help us distinguish between a true Bitcoin investor and a gambler.

Before diving into the difference between gamblers and real bitcoin investors, it will be interesting to know who these personalities and professions are all about.
A gambler is an investor who stakes on the outcome of a sporting event at a specific odd within a short period of time, with the intention that it ends in his prediction with the knowledge of his potential winnings. A gambler may lose all the funds invested or may increase his invested funds according to the odd allotted for such sporting event.
On the other hand, a real bitcoin investor is a person who buys bitcoin and hoard it for a long or short period of time, until there is a high demand for bitcoin which makes it appreciate in value.
Hence, the difference can be summarize below:
1. A gambler invest in a specific odd with the idea of the potential winning, while a bitcoin investor doesn't have an idea of the possible outcome.
2. A gambler can lose all his funds within a blink of an eye, while a bitcoin investor can only witness a depreciation in value.
3. A gambler relies on history to make his predictions, while a real bitcoin investor relies on market value.