I learned something new from Bitcoin today - page 2.

Alone055

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Quote from: gunhell16 on March 30, 2024, 03:34:37 PM

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

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

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

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

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Quote from: gunhell16 on March 30, 2024, 03:34:37 PM

Quote from: Mst.Wangdan$ on September 23, 2023, 11:54:46 AM

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

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

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

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

gunhell16

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Quote from: Mst.Wangdan$ on September 23, 2023, 11:54:46 AM

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

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

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

leonair

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Quote from: bounceback on March 30, 2024, 12:54:36 PM

Quote from: Mst.Wangdan$ on September 23, 2023, 11:54:46 AM

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

Gambling is not a place for income but gambling is a game that we have to pay with money just to get pleasure so don't ever assume that we can make a profit by placing bets in gambling games, my advice is that you should just focus on your bitcoin trading because it seems to have an understanding in trading so that you can earn income even though the dominal amount you get is only $11, but at least you still make a profit rather than having to lose money through gambling.

Gambling is a game of luck and no one can make a steady income by playing with luck. Which can be done in the case of trading. when one acquires a good understanding of the market and can do market analysis very well, he can earn a stable income through trading. So if you trade with that money without wasting money on gambling, you will get good results from gambling and at least there will be no chance of losing everything.

blckhawk

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

bounceback

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Quote from: Mst.Wangdan$ on September 23, 2023, 11:54:46 AM

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

Gambling is not a place for income but gambling is a game that we have to pay with money just to get pleasure so don't ever assume that we can make a profit by placing bets in gambling games, my advice is that you should just focus on your bitcoin trading because it seems to have an understanding in trading so that you can earn income even though the dominal amount you get is only $11, but at least you still make a profit rather than having to lose money through gambling.

Smartvirus

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Quote from: Mst.Wangdan$ on September 23, 2023, 11:54:46 AM

Should you see gambling for a means to earn, you would be doing it wrong. Even worst still, having to take money from an investment to gamble with it, that would be a robbing Peter to pay Paul sort of scenario and both ends in gross lose. A practice that shouldn’t be condoned by anyone.

Firstly, gambling and investing are two different fields and that is when you ain’t the CEO of the gambling site or platform. It might have some rewarding power for risk taken but, it ain’t analytical like an investment or tracing is and as such, they don’t really come into context but,
should you be looking to choose between them both, your emotions should lead the way. When your about fun, clearly it’s gambling but, when your about saving your future, investing is what you should be doing.

danadc

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Quote from: Wakate on March 29, 2024, 06:08:28 PM

Quote from: Mst.Wangdan$ on September 23, 2023, 11:54:46 AM

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.

There is nothing wrong with us gambling and we don't have to compare gambling with trading because they are two different things all together. Whatever one we are interested in, it is good we go for it than trying to gamble and trade at the same time. The two does not work together so we need to understand which one works for us. It is very good op better concentrate on trading which has oose to be profitable compared to gambling which had made him to lose $11 which he made from trading. It would be an advise for you improve your technique in trading so that you can earn from Bitcoin and stay far away from gambling because I think it's not good for you.

I also think the same, in commerce things are the same way, there is risk but there is not as much risk as in a casino, everyone who enters a casino is to improve their economic status and in a quick and easy way, and some do not. They Consider the risks, and the Greatest risk is to become decapitalized, then seeing these scenarios I prefer trading because in trading knowledge of technical analysis or investment is applied, investment is the safest thing that can be done, but you have to be very patient In the case of a person who finds it somewhat difficult to control himself in the casino, it is preferable not to do it, or to do it from time to time with little money, so that what you spend in Bitcoin does not go away so quickly, that is one of the things that They should be done without thinking too much about it, Bitcoin is worth having for now well and in hodl mode, because very good things are Coming.

Egii Nna

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Quote from: letteredhub on March 29, 2024, 12:22:59 PM

Quote from: Mst.Wangdan$ on September 23, 2023, 11:54:46 AM

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.

The choice here is yours to make counting on your area of strength between the two bitcoin trading or gambling. Making profits in gambling has to do with luck and not about how skillful you think yourself to be, but with bitcoin trading your trading skills and experience matters a lot in terms of you making profits from any trade you make. So where do you think your strength lies, ask yourself and you get the answer you seek without being told?

Based on the fact that bitcoin trading and gambling are two different things, you can't compare them. One reason is that, without knowledge, there is no way that you can just be a successful trader in bitcoin. This is just true, but without knowledge, you can start gambling because it deals with prediction. But bitcoin trading works with signals and signs, which, if you have no knowledge of them, you can never make.

Op. Having a profit in your first trading experience doesn’t show that in bitcoin trading you are not losing, which is something that you need to know. If you just tried your luck to see how trading works and just with the blink of an eye you got a profit, that is a good one, but mind you, without knowledge, you will lose a long time in bitcoin trading to the extent that you will think it is just a scam.

So I want you to just know that these two things can never be compared together because they are not even in the same direction, so don’t compare them because even an expert in gambling loses games and an expert in trading teaches others newbie and still gains profit most of the time because trading deals with strategies.

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Quote from: Mst.Wangdan$ on September 23, 2023, 11:54:46 AM

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.

There is nothing wrong with us gambling and we don't have to compare gambling with trading because they are two different things all together. Whatever one we are interested in, it is good we go for it than trying to gamble and trade at the same time. The two does not work together so we need to understand which one works for us. It is very good op better concentrate on trading which has oose to be profitable compared to gambling which had made him to lose $11 which he made from trading. It would be an advise for you improve your technique in trading so that you can earn from Bitcoin and stay far away from gambling because I think it's not good for you.

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Quote from: JoyMarsha on March 29, 2024, 04:30:41 PM

Quote from: Mst.Wangdan$ on September 23, 2023, 11:54:46 AM

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.

OP, I know how happy it is for a newbie (i think you are one) to trade bitcoin and make some money for themselves. However, it doesn't mean they should start boasting about it and act as though they have become experts in trading when in reality they haven't.

The worst mistake a newbie may make is to trade more frequently in bitcoin without becoming skilled at it, forgetting that they can still invest in bitcoin and hodl onto it for a long time and make cool cash for themselves just by exercising patience during the process.

I have also experienced this before, while trading Bitcoin in the short term. instead of being able to get more bitcoins, they only reduce their bitcoin holdings. apart from fees, it also occurs due to a lack of knowledge of when to enter and exit a trade.

from there I learned to buy when the price went down and leave it for a little longer. Indeed, making changes is difficult, because you are still addicted to buying and selling activities in a short time. but over time it was resolved and now you can get passive income from the increase in bitcoin prices.

Miles2006

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Quote from: Mst.Wangdan$ on September 23, 2023, 11:54:46 AM

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.

From my view both are the same due to the high risk involved, the only difference here is the learning process. Everyone here can decide to gamble without stressing the learning process, I don't even need to learn about gambling before I start practicing the act cause gambling have zero skills and surprising gamble at first time looks interesting cause I see newly gamblers getting excited and all that. When it comes to trading your skill and knowledge will be your guide all through, without any knowledge no success guarantee when trading. It's interesting you earn from trading but not everyone here can trade so perfect.

JoyMarsha

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Quote from: Mst.Wangdan$ on September 23, 2023, 11:54:46 AM

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.

OP, I know how happy it is for a newbie (i think you are one) to trade bitcoin and make some money for themselves. However, it doesn't mean they should start boasting about it and act as though they have become experts in trading when in reality they haven't.

The worst mistake a newbie may make is to trade more frequently in bitcoin without becoming skilled at it, forgetting that they can still invest in bitcoin and hodl onto it for a long time and make cool cash for themselves just by exercising patience during the process.

Mate2237

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Choosing one of them is a completed thing because the both are risky. But if you must select it is trading I will recommend for you because if you use some few years to learn trading then you can make profit from it but in gambling if you luck does not shine then you will not win until you have luck before you can win. Look at this image then you will understand gambling.

Gambling always like to collect from you but trading is not lime that. But the best of them all is investment. I prefer investment to the both them.

Op remove your poll because you said nothing to vote there.

AnonBitCoiner

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Quote from: letteredhub on March 29, 2024, 12:22:59 PM

The choice here is yours to make counting on your area of strength between the two bitcoin trading or gambling. Making profits in gambling has to do with luck and not about how skillful you think yourself to be, but with bitcoin trading your trading skills and experience matters a lot in terms of you making profits from any trade you make. So where do you think your strength lies, ask yourself and you get the answer you seek without being told?

You can use your skills and knowledge to get benefit from bitcoin but luck is not in a person's hand and no one can change his luck for making profit therefore one should utilise his skills through investment in Bitcoin instead of lossing money in gambling.

You can learn about skills and getting knowledge through courses but you cannot learn to utilise your luck in gambling so I think skills and knowledge is your strength with the help of which you can earn. Therefore don't concentrate on the field that is based on your luck like that of gambling but use your money for bitcoin investment that can make you moneyed as the time goes.

letteredhub

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Quote from: Mst.Wangdan$ on September 23, 2023, 11:54:46 AM

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.

The choice here is yours to make counting on your area of strength between the two bitcoin trading or gambling. Making profits in gambling has to do with luck and not about how skillful you think yourself to be, but with bitcoin trading your trading skills and experience matters a lot in terms of you making profits from any trade you make. So where do you think your strength lies, ask yourself and you get the answer you seek without being told?

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Quote from: rachael9385 on September 27, 2023, 10:50:50 AM

Quote from: The Cryptovator on September 23, 2023, 03:09:03 PM

Patience is needed everywhere, either in gambling, real-life business, or crypto. You can't exclude patience anywhere. However, I don't support gambling; it's highly risky for anyone. Crypto trading is the best for those of us who are well familiar with Bitcoin. It doesn't matter if gambling is good or bad, but a major percentage of people have been losing to gambling. In trading, there is a good chance to make money if you can learn. Though any investment in crypto is risky too, you aren't going to lose everything. Like the Bitcoin price drop, you will still hold whatever you have. A value drop doesn't mean you lost your holding. The value would recover anytime for Bitcoin. So I would advise learning more about trading instead of focusing on gambling.

I totally agree with you, patience is the most important thing that people should hesitate to include either in businesses, gambling or even in crypto-currencies. If someone doesn't have patience in their life, that means the person will lose enough on anything that includes money making. Although gambling is not a good thing people should be addicted to, there are other people who have the chances of luck at gambling as it is said that gambling is for fun. If a gambler gambles for fun every day, that person will end up being an addicted gambler and, at that period, the gambler will no longer play gambling for fun but sees gambling as a side hustle.

Bitcoin trading is just another form of gambling, but people who are addicted to Bitcoin trading will not agree to it. The same way people lose from gambling, that's the same way people also lose from Bitcoin trading, but if anyone has enough patience, that person can invest in Bitcoin for a long period and make his profits.

Whether one is trading Bitcoin or gambling, patience is a necessary virtue in finance. Although its interesting, comparing Bitcoin trading to gambling isn't totally realistic. Why? Because unlike gambling, which is entirely dependent on chance, Bitcoin is rooted in market dynamics despite its volatility. Still, you make a valid point: addiction to either can result in financial devastation.

The key is this: knowledge is just as important as patience. Trading Bitcoins requires knowledge of market movements and associated dangers. Waiting is not enough; making wise decisions is also important. Indeed, chance plays a part, but doesnt that apply to the majority of life's endeavors? What is the main distinction? Unlike gambling, where the only thing that matters is the roll of the dice, Bitcoin allows us to use analysis and strategy. Therefore, lets not mistake investing with thrill-seeking. In Bitcoin trading, the winning trinity is patience, expertise, and strategy.

syedakhlaque

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ٰIt is said," Gambling was not for anyone". Gambling is not liked anyway anywhere. You dislike it and give up gambling. It is good decision. You started trading of bitcoin. so good. Trading is a respectful task and has good worth. I think you will learn in good period of time and you will find good fruit of it. It is easy learn. you should buy some subcoin also for stalking. As bitcoin rate will rise you will gain good profit with it also. These coin are available on different exchanges like binance,bitforex,kucoin and other exchanges etc.

rachael9385

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Quote from: The Cryptovator on September 23, 2023, 03:09:03 PM

Patience is needed everywhere, either in gambling, real-life business, or crypto. You can't exclude patience anywhere. However, I don't support gambling; it's highly risky for anyone. Crypto trading is the best for those of us who are well familiar with Bitcoin. It doesn't matter if gambling is good or bad, but a major percentage of people have been losing to gambling. In trading, there is a good chance to make money if you can learn. Though any investment in crypto is risky too, you aren't going to lose everything. Like the Bitcoin price drop, you will still hold whatever you have. A value drop doesn't mean you lost your holding. The value would recover anytime for Bitcoin. So I would advise learning more about trading instead of focusing on gambling.

I totally agree with you, patience is the most important thing that people should hesitate to include either in businesses, gambling or even in crypto-currencies. If someone doesn't have patience in their life, that means the person will lose enough on anything that includes money making. Although gambling is not a good thing people should be addicted to, there are other people who have the chances of luck at gambling as it is said that gambling is for fun. If a gambler gambles for fun every day, that person will end up being an addicted gambler and, at that period, the gambler will no longer play gambling for fun but sees gambling as a side hustle.

Bitcoin trading is just another form of gambling, but people who are addicted to Bitcoin trading will not agree to it. The same way people lose from gambling, that's the same way people also lose from Bitcoin trading, but if anyone has enough patience, that person can invest in Bitcoin for a long period and make his profits.

kingvirtus09

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Quote from: hafiztalha on September 26, 2023, 07:32:14 AM

Quote from: BitcoinPanther on September 23, 2023, 05:28:54 PM

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.

If others have become rich from gambling because they got the gambling jackpot, then in the end it was still difficult because they let the addiction that they have from gambling destroy the wealth that should have been an opportunity to change their lives, but because they did not leave the gambling addiction because greediness still remained in their person, it still ended up being lost and poor.

So what you said is true, and there are many who have won and become rich in gambling but have been careless and let their addiction consume them. So it's really different when you invest in Bitcoin, especially if you have a lot of money, and then just hold it until the right time to sell it at the target amount you plan.

Topic: I learned something new from Bitcoin today - page 2. (Read 1023 times)