We are not Gambler, But Traders and Investors

[vanesha]

Playing safe is when you're unable to get what is not in your disposal by force, if you can't afford trading loss, to for an investment, trading has it risk and could also be promising on a very short time, but some don't consider the risk in it, but the best advice for a newbie is starting by investment, no risk attached.

My advice is: don’t get trapped in high-risk investments just because they feel like a challenge, then try your luck hoping you can win in a flashy way by taking risks without sufficient knowledge and somehow come out on top. I am 100% sure you will lose all your assets in an instant. This usually happens because of our own greed in making decisions. It happened to me, and I’m sure most experienced traders have gone through this as well.

[Byebyebtc]

But futures trades are very risky, the profit margin is also high, as well as the rate of losses is very high. So many people compare it to gambling. ..

This happens if the trader opens an order using high leverage for the entire deposit, and if the price goes in the opposite direction by only a few percent, he receives a liquidation. This is the similarity with the casino: guessing the direction - made a profit, not guessing - got liquidation.

Essentially, anything done aggressively will have serious repercussions, especially in activities that are clearly risky from the start, like trading. Liquidity will definitely be your best friend when you can't adapt your trading approach to a more minimal one.

Honestly, I'm tempted by large profits, but I'm more concerned about the risks, as not all predictions are accurate. So, to minimize significant risk, I prefer to trade with small amounts. The most important thing, in my opinion, is consistency, even if the profits are small.

Yes no matter what you risk should be prioritised, even in a high probability trade market can still choose to totally disrespect your analysis
So risk management is very important, many people Fail to understand that the real skill in trading is the ability to protect your capital, even if you have enough knowledge, if risk management is something you lack, your will still end up loosing alot because you can't be correct all the time

[tvplus006]

Honestly, I'm tempted by large profits, but I'm more concerned about the risks, as not all predictions are accurate. So, to minimize significant risk, I prefer to trade with small amounts. ..

Trading small amounts is one of the components of risk management. But in order to have more control over your deposit, you need to keep in mind other elements of risk management, such as setting a stop loss and the amount of leverage.

[ndutndut]

It has to do with experience, you're not wrong about that. But sometimes it feels strange when they find out that inexperience makes them bolder, when what should happen when inexperienced is to be more careful.
I myself when I first got to know trading I was very careful in doing it, because I realized that in terms of knowledge I was still lacking and in terms of experience of course I had no experience. Another reason in my opinion is that when the first time they see, yes the first thing they see is someone with huge profits and that person does not educate.

I also wonder about people who only see traders with large profits without considering those who have experienced significant losses. If both sides could be considered without ignoring one or the other, perhaps the experience and courage of each new trader would develop a balance within themselves. And I would say that people who dare to trade without experience and knowledge are those who are so reckless that they forget the risk of loss involved in the business. If they were more aware of the risks, perhaps they wouldn't have been so bold in the first place.

If a trader's mindset is as you describe daring to trade without knowledge and experience is tantamount to gambling relying solely on luck. Even in gambling analysis is essential at least this can mitigate losses.

Trading is not an easy activity it's very complex. Even with a good strategy without risk management and discipline you won't succeed. While trading can yield significant profits it also carries equally significant risks. Gambling and trading are fundamentally different, but if you trade without knowledge and experience relying solely on courage you're gambling.

[gunhell16]

Playing safe is when you're unable to get what is not in your disposal by force, if you can't afford trading loss, to for an investment, trading has it risk and could also be promising on a very short time, but some don't consider the risk in it, but the best advice for a newbie is starting by investment, no risk attached.

My advice is: don’t get trapped in high-risk investments just because they feel like a challenge, then try your luck hoping you can win in a flashy way by taking risks without sufficient knowledge and somehow come out on top. I am 100% sure you will lose all your assets in an instant. This usually happens because of our own greed in making decisions. It happened to me, and I’m sure most experienced traders have gone through this as well.

As the title suggests, those three are the types of traders we truly see in the crypto space. Some believe crypto trading is no different from gambling, and we can’t really change their perspective on that.

However, the majority of traders in this field believe that trading is not the same as gambling. The truth is, trading is a legitimate business
a fact that many people still fail to understand even today.

[ASloveapg]

But futures trades are very risky, the profit margin is also high, as well as the rate of losses is very high. So many people compare it to gambling. ..

This happens if the trader opens an order using high leverage for the entire deposit, and if the price goes in the opposite direction by only a few percent, he receives a liquidation. This is the similarity with the casino: guessing the direction - made a profit, not guessing - got liquidation.

Essentially, anything done aggressively will have serious repercussions, especially in activities that are clearly risky from the start, like trading. Liquidity will definitely be your best friend when you can't adapt your trading approach to a more minimal one.

Honestly, I'm tempted by large profits, but I'm more concerned about the risks, as not all predictions are accurate. So, to minimize significant risk, I prefer to trade with small amounts. The most important thing, in my opinion, is consistency, even if the profits are small.

Yes no matter what you risk should be prioritised, even in a high probability trade market can still choose to totally disrespect your analysis
So risk management is very important, many people Fail to understand that the real skill in trading is the ability to protect your capital, even if you have enough knowledge, if risk management is something you lack, your will still end up loosing alot because you can't be correct all the time

Sudden changes in the market are certainly a natural thing, that is why we will not be able to profit in all trades, we may face losses due to sudden changes, but we have to be able to accept it naturally. And I completely agree with you that even with knowledge, if there is no risk management, then uncontrolled behavior can lead us to big losses. And that is why since we will not always be able to profit as expected, we have to prepare ourselves in such a way that we can survive in the long run and not lose a lot by making wrong decisions like making a wrong decisions by based on emotion.

[Danica22]

However, the majority of traders in this field believe that trading is not the same as gambling. The truth is, trading is a legitimate business a fact that many people still fail to understand even today.

Even gambler do not want to be called gambler or have others know about their gambling habit. Therefore, it is not difficult to understand why traders disagree with the idea that trading is the same as gambling.

Gambling was originally created for entertainment, not for quick riches, but most people are abusing and misusing it. And that has led the whole world to have a negative view of gambling. But I haven't seen anyone speak up about this issue, and most people are starting to view gambling in this way. So what is wrong with calling trading gambling when many people use it to mask their gambling activities and their get rich quick scheme?

Gambling is also a legal form of business in many countries.

[cxtreenal]

But futures trades are very risky, the profit margin is also high, as well as the rate of losses is very high. So many people compare it to gambling. ..

This happens if the trader opens an order using high leverage for the entire deposit, and if the price goes in the opposite direction by only a few percent, he receives a liquidation. This is the similarity with the casino: guessing the direction - made a profit, not guessing - got liquidation.

Essentially, anything done aggressively will have serious repercussions, especially in activities that are clearly risky from the start, like trading. Liquidity will definitely be your best friend when you can't adapt your trading approach to a more minimal one.

Honestly, I'm tempted by large profits, but I'm more concerned about the risks, as not all predictions are accurate. So, to minimize significant risk, I prefer to trade with small amounts. The most important thing, in my opinion, is consistency, even if the profits are small.

Yes no matter what you risk should be prioritised, even in a high probability trade market can still choose to totally disrespect your analysis
So risk management is very important, many people Fail to understand that the real skill in trading is the ability to protect your capital, even if you have enough knowledge, if risk management is something you lack, your will still end up loosing alot because you can't be correct all the time

Trading market can dishonor experienced and skilled traders. I agree with you. You can spend a long time in the market but you are not above mistakes. Or the coin you are buying based on the analysis may start to fall in an instant.
For trading you need to place most emphasis on risk management and be patient. A significant mistake in trading is to buy coin on the basis of positive promotions without analyzing the market. Many traders fall into the trap of tempting promotions and suffer huge losses.

[dunfida]

But futures trades are very risky, the profit margin is also high, as well as the rate of losses is very high. So many people compare it to gambling. ..

This happens if the trader opens an order using high leverage for the entire deposit, and if the price goes in the opposite direction by only a few percent, he receives a liquidation. This is the similarity with the casino: guessing the direction - made a profit, not guessing - got liquidation.

Essentially, anything done aggressively will have serious repercussions, especially in activities that are clearly risky from the start, like trading. Liquidity will definitely be your best friend when you can't adapt your trading approach to a more minimal one.

Honestly, I'm tempted by large profits, but I'm more concerned about the risks, as not all predictions are accurate. So, to minimize significant risk, I prefer to trade with small amounts. The most important thing, in my opinion, is consistency, even if the profits are small.

Yes no matter what you risk should be prioritised, even in a high probability trade market can still choose to totally disrespect your analysis
So risk management is very important, many people Fail to understand that the real skill in trading is the ability to protect your capital, even if you have enough knowledge, if risk management is something you lack, your will still end up loosing alot because you can't be correct all the time

Sudden changes in the market are certainly a natural thing, that is why we will not be able to profit in all trades, we may face losses due to sudden changes, but we have to be able to accept it naturally. And I completely agree with you that even with knowledge, if there is no risk management, then uncontrolled behavior can lead us to big losses. And that is why since we will not always be able to profit as expected, we have to prepare ourselves in such a way that we can survive in the long run and not lose a lot by making wrong decisions like making a wrong decisions by based on emotion.

Market is never been predictable in the first place on which you might be profitable today but you can lose money tomorrow just because the market do make out some other shift way opposite on what you had predicted and this is very normal. It can even move without any reason behind and this is how this market is truly random and unpredictable. Somehow when you are someone with having that enough experience and knowledge towards this market then you are having that edge compared into those traders who do only have that started up new. For the usual case on which those newbies will be having those kind of approach on becoming that a gambler rather than a trader. We are bound to experience those common situations on which a particular newbie trader would do on which you wouldnt be minding off when it comes to risks management.

Risks management is the most crucial thing at the time that you would be touching up trading. This is something that you do need up to mainly consider because without risks management then you cant be able to handle up with your trading capital, but of course before you would be able to handle this risks management then you would be also needing up to consider on how well you would be handling up your emotions.

[Mehmet69]

Honestly, I'm tempted by large profits, but I'm more concerned about the risks, as not all predictions are accurate. So, to minimize significant risk, I prefer to trade with small amounts. ..

Trading small amounts is one of the components of risk management. But in order to have more control over your deposit, you need to keep in mind other elements of risk management, such as setting a stop loss and the amount of leverage.

I agree with you. To trade properly, you need to learn proper risk management and there are some basics of it. In risk management, we need to learn stop loss, leverage and capital control.

Stop loss is the most effective way to control a new trader. In someone’s new situation, traders start trading using their entire deposit out of emotion. Due to a small mistake, they lose their entire capital. That is why stop loss is the most important for beginners. Along with this, leverage and capital control are equally important. So if you want to be a successful trader, you need to learn proper risk management.

[ChocolateBitcoinK]

Honestly, I'm tempted by large profits, but I'm more concerned about the risks, as not all predictions are accurate. So, to minimize significant risk, I prefer to trade with small amounts. ..

Trading small amounts is one of the components of risk management. But in order to have more control over your deposit, you need to keep in mind other elements of risk management, such as setting a stop loss and the amount of leverage.

I agree with you. To trade properly, you need to learn proper risk management and there are some basics of it. In risk management, we need to learn stop loss, leverage and capital control.

Stop loss is the most effective way to control a new trader. In someone’s new situation, traders start trading using their entire deposit out of emotion. Due to a small mistake, they lose their entire capital. That is why stop loss is the most important for beginners. Along with this, leverage and capital control are equally important. So if you want to be a successful trader, you need to learn proper risk management.

It is especially important for beginners to maintain control in the early stages, when they make the most wrong decisions, and when they lose, instead of doing more research, they start trading on impulse, which makes things worse for them. In the new stage, most of their actions are wrong due to lack of sufficient knowledge, so if they are stuck in those wrong actions, their losses will continue to grow. Those who really want to survive and succeed in the long term, acquire the right knowledge from the beginning and trade realistically.

[jostorres]

My advice is: don’t get trapped in high-risk investments just because they feel like a challenge, then try your luck hoping you can win in a flashy way by taking risks without sufficient knowledge and somehow come out on top. I am 100% sure you will lose all your assets in an instant. This usually happens because of our own greed in making decisions. It happened to me, and I’m sure most experienced traders have gone through this as well.

Yeah. I mean, high-risk investments or trading strategies are not bad but you must only invest enough that you can lose without affecting your overall trading. If you see a chance for a high-risk, high-paying investment, sure go for it, but make sure to invest only what's extra with you and losing which will not affect you adversely.

Because sometimes high-risk investments will pay you more in a week than what you make from traditional caution-based trading in a year. It's just important to ensure you know that chances are you will lost the money so go small and only go in when you have extra money to risk.

[puloweh555]

Honestly, I'm tempted by large profits, but I'm more concerned about the risks, as not all predictions are accurate...

The primary task of every trader is not to lose their money. And when a trader learns this by using risk management, he will be able to make a profit. Using high leverage is a violation of risk management and will necessarily entail the loss of the deposit.

It is normal for a new trader to face losses at first, but instead of overthinking and not acceptable the losses, we should focus on learning from them. Losses are normal, but when we learn more from them, they will lead us to greater efficiency. That is, every initial loss is temporary and is an incentive to learn more, and initial losses increase our ability to make better decisions in the future.

I think every trader has experienced losses at some point in their careers even successful traders because losses are part of trading. Losses should be used as a basis for evaluation guiding us as traders to improve in the future. Failure should be used as an experience when making decisions and losses can also teach us about risk management.

If you trade while experiencing losses and continue trading without the strategies I mentioned earlier you're gambling because you're not trading with knowledge and prior experience. Trading can be considered gambling if you trade without a plan and strategy. Gambling and trading/investing are not the same, even though they carry the same risks. However, in trading/investing you have a strategy to mitigate losses in other words trading isn't about luck.

[gunhell16]

Honestly, I'm tempted by large profits, but I'm more concerned about the risks, as not all predictions are accurate. So, to minimize significant risk, I prefer to trade with small amounts. ..

Trading small amounts is one of the components of risk management. But in order to have more control over your deposit, you need to keep in mind other elements of risk management, such as setting a stop loss and the amount of leverage.

Risk management is absolutely vital for us traders. It’s a powerful tool if used correctly, especially since trading is difficult to master particularly when
it comes to execution, which is where most people struggle.

It’s dangerous to be in the crypto trading business if your actions still mirror those of a gambler. We need to be clear that as traders,
we are investors. We should be calculated risk-takers, not reckless bettors.

[jossiel]

I think every trader has experienced losses at some point in their careers even successful traders because losses are part of trading. Losses should be used as a basis for evaluation guiding us as traders to improve in the future. Failure should be used as an experience when making decisions and losses can also teach us about risk management.

All traders have experienced losing. No one is able to skip that part because it's part of trading and investing.

Whoever claims that they haven't experienced losing are the real losers because they're fooling themselves and the people that they talk to.

Losing means that you're not a failure, it's part of growing when we do investments and trades and that needs for us to be improved.

[Localhostspeed]

Trading market can dishonor experienced and skilled traders. I agree with you. You can spend a long time in the market but you are not above mistakes. Or the coin you are buying based on the analysis may start to fall in an instant.
For trading you need to place most emphasis on risk management and be patient. A significant mistake in trading is to buy coin on the basis of positive promotions without analyzing the market. Many traders fall into the trap of tempting promotions and suffer huge losses.

Mistakes happen in this market and you can't run away from it but doing things that are obvious and capable of leading to a mistake doesn't count as a mistake in my opinion. As a trader that has been making average amount of money on spot, you don't have a business doing futures, in fact you are not supposed to be trading futures with high leverage but a lot of traders do this, they used small amounts momeh to open a position with high leverage because they think they control the market.

I don't blame some traders for some of their misfortunes, some exchanges contribute to their downfall because tell me why an exchange will have 125x leverage on their exchange that with less than 1% down of market, you will 100% be liquidated. What's the fun in trading with such an option when you can do at most 5x or do 2x if you so much like leverage trading. We sometimes know the things we can do to avoid problems but we decide to close eye.

[ChocolateBitcoinK]

I think every trader has experienced losses at some point in their careers even successful traders because losses are part of trading. Losses should be used as a basis for evaluation guiding us as traders to improve in the future. Failure should be used as an experience when making decisions and losses can also teach us about risk management.

All traders have experienced losing. No one is able to skip that part because it's part of trading and investing.

Whoever claims that they haven't experienced losing are the real losers because they're fooling themselves and the people that they talk to.

Losing means that you're not a failure, it's part of growing when we do investments and trades and that needs for us to be improved.

Loss is an experience that everyone has to experience, everyone will experience losses, there is no one who can be sure of making a profit in trading. Even though an experienced trader is profitable most of the time, they also face losses many times, so this continuous loss can never be considered a weakness, even if we lose, we have to learn more, continue to research to make ourselves more experienced. Experience is built gradually, we will make mistakes, but we will learn more from those mistakes, this is how experience is built over time.

[Youngrebel]

Trading market can dishonor experienced and skilled traders. I agree with you. You can spend a long time in the market but you are not above mistakes. Or the coin you are buying based on the analysis may start to fall in an instant.
For trading you need to place most emphasis on risk management and be patient. A significant mistake in trading is to buy coin on the basis of positive promotions without analyzing the market. Many traders fall into the trap of tempting promotions and suffer huge losses.

Mistakes happen in this market and you can't run away from it but doing things that are obvious and capable of leading to a mistake doesn't count as a mistake in my opinion. As a trader that has been making average amount of money on spot, you don't have a business doing futures, in fact you are not supposed to be trading futures with high leverage but a lot of traders do this, they used small amounts momeh to open a position with high leverage because they think they control the market.

I don't blame some traders for some of their misfortunes, some exchanges contribute to their downfall because tell me why an exchange will have 125x leverage on their exchange that with less than 1% down of market, you will 100% be liquidated. What's the fun in trading with such an option when you can do at most 5x or do 2x if you so much like leverage trading. We sometimes know the things we can do to avoid problems but we decide to close eye.

Losses are solely part of.any business or investments. Even small scales businesses encounter Losses. In one.way or the.other the.losses actually makes you the business man.more sensible. Helping and guiding you throug your next decision making in business.  That is thesa way it is with bitcoin investment.  As an investor you are definitely going to come across a losses and these loses makes you a stronger individual and an investor.