Topic: Are new generation of investors more into gambling? - page 3. (Read 566 times)
Of course new generation of investors preferring more into gambling section because recently most of the projects launching on gambling and Play to earn . They are passing their time by spending gambling and Play to earn gaming platforms.
It seems like that, a lot of young investors start their investment without adequate knowledge, actually there are many sources to learn about investment but many are reluctant to learn it and usually they are like that because they are more focused on profit even though by studying the investments we choose, it will be possible for us to reduce the risks or we can more carefully to choose the investment.
I think that the spirit of hard work is dying off and people don't spend time to know what they are putting money into but just to invest best someone else has done likewise like they are gambling a chance for profit. This is why many have been scammed because they rush to invest without thoroughly scrutinizing the process more like gambling the chance to trying there luck.
It seems like that, a lot of young investors start their investment without adequate knowledge, actually there are many sources to learn about investment but many are reluctant to learn it and usually they are like that because they are more focused on profit even though by studying the investments we choose, it will be possible for us to reduce the risks or we can more carefully to choose the investment.
Most of young people are always aiming for quick profits and don't want to earn more knowldege about cryptocurrency and blockchain that's why the amount of liquidated assets is much more increasing than last year, because this year there are a lot of new young investors who trade at future markets and just rely on their luck when entering trades.
This is actually pretty bad for crypto image on the social, because most of the young man when they are having a loss they will post the result on their social media just like they are losing for a gamble.
It seems like that, a lot of young investors start their investment without adequate knowledge, actually there are many sources to learn about investment but many are reluctant to learn it and usually they are like that because they are more focused on profit even though by studying the investments we choose, it will be possible for us to reduce the risks or we can more carefully to choose the investment.
Most of young people are always aiming for quick profits and don't want to earn more knowldege about cryptocurrency and blockchain that's why the amount of liquidated assets is much more increasing than last year, because this year there are a lot of new young investors who trade at future markets and just rely on their luck when entering trades.
This is actually pretty bad for crypto image on the social, because most of the young man when they are having a loss they will post the result on their social media just like they are losing for a gamble.
It seems like that, a lot of young investors start their investment without adequate knowledge, actually there are many sources to learn about investment but many are reluctant to learn it and usually they are like that because they are more focused on profit even though by studying the investments we choose, it will be possible for us to reduce the risks or we can more carefully to choose the investment.
Yes it’s more of less gambling. If you were ever reading any of the WSB you can clearly see that these people have no idea what they are doing.
They basically YOLO all their money on some options contract that expires in less than a week. And sometimes they get lucky and turn $3K into like $30K and do it over and over until they go bust.
Kind of like crypto traders go 100x leverage trading Bitcoin.
They basically YOLO all their money on some options contract that expires in less than a week. And sometimes they get lucky and turn $3K into like $30K and do it over and over until they go bust.
Kind of like crypto traders go 100x leverage trading Bitcoin.
if novice investors have no knowledge of how to trade, it will certainly lead to gambling a bit because they don't know what they are doing and are just guessing. However, this also applies to the Futures or Binary Options market, which only uses guesswork.
Old investors certainly don't do stupid things like that, it takes a long research to start believing in the coins or assets they trade.
Old investors certainly don't do stupid things like that, it takes a long research to start believing in the coins or assets they trade.
this is why you can call investing more into gambling side if you are jumping on this market blindly. you should have prior knowledge before buying any of these alts. because if not, you are indeed gambling your funds. though the risk is still there if you do your own research and study, but at least, you can prevent small or big losses if you are well-versed on a particular project. it will give you better understanding of its market if you will spend time studying them and you may save yourself from further losses if you are keeping up to date with the progress of the project.
This isnt something that you do only put without minding or without having analysis as for those new generations on where they could make out searches and have access and knowledgeable about tech
and something we do have in todays era then it would really be simple on conducting out some research which would really be helpful for your investment decisions.
However, this does not generalize everything, there are some people who are also serious about learning from scratch and becoming traders.
This is true, I have a few friends the same at a young age as me who had open-minded when it comes to crypto investment. They know what pump and dump crypto and also the hyped coins, especially meme coins. Not all of them prefer to gamble their money, they even know that Bitcoin is the best investment among altcoins. Investors who want to gamble might be the reasons are;
- Want a quick profit
- Don't have an idea of what they invested, as long as they heard profit
- Under influenced by the popular influencer
- Being hyped
I personally can't say whether it's true or not, because it certainly depends on each individual.
However, if you look at some of the people around me, as far as I know it is true that they are more into gambling in crypto than trading.
This is due to several factors that I see:
- They ask about how to get profits fast in trading
-After explaining at length, whether they understand or not, it turns out that they are only following promotions from channels that they think are very promising or well-known public figures
- They focus more on hype new coins, such as meme coins, NFT, Gaming coins and some coins from new projects that have massive promotions.
- They are more interested in pump and dump actions that take advantage of coins prices which are likely to go up high in the near future
- But unfortunately they often lose, because they just go in to buy the coin when the price has soared, which in the end most of their money is lost because the coins they have are no longer valuable.
However, this does not generalize everything, there are some people who are also serious about learning from scratch and becoming traders.
However, if you look at some of the people around me, as far as I know it is true that they are more into gambling in crypto than trading.
This is due to several factors that I see:
- They ask about how to get profits fast in trading
-After explaining at length, whether they understand or not, it turns out that they are only following promotions from channels that they think are very promising or well-known public figures
- They focus more on hype new coins, such as meme coins, NFT, Gaming coins and some coins from new projects that have massive promotions.
- They are more interested in pump and dump actions that take advantage of coins prices which are likely to go up high in the near future
- But unfortunately they often lose, because they just go in to buy the coin when the price has soared, which in the end most of their money is lost because the coins they have are no longer valuable.
However, this does not generalize everything, there are some people who are also serious about learning from scratch and becoming traders.
if novice investors have no knowledge of how to trade, it will certainly lead to gambling a bit because they don't know what they are doing and are just guessing. However, this also applies to the Futures or Binary Options market, which only uses guesswork.
Old investors certainly don't do stupid things like that, it takes a long research to start believing in the coins or assets they trade.
Old investors certainly don't do stupid things like that, it takes a long research to start believing in the coins or assets they trade.
this is why you can call investing more into gambling side if you are jumping on this market blindly. you should have prior knowledge before buying any of these alts. because if not, you are indeed gambling your funds. though the risk is still there if you do your own research and study, but at least, you can prevent small or big losses if you are well-versed on a particular project. it will give you better understanding of its market if you will spend time studying them and you may save yourself from further losses if you are keeping up to date with the progress of the project.
if novice investors have no knowledge of how to trade, it will certainly lead to gambling a bit because they don't know what they are doing and are just guessing. However, this also applies to the Futures or Binary Options market, which only uses guesswork.
Old investors certainly don't do stupid things like that, it takes a long research to start believing in the coins or assets they trade.
Old investors certainly don't do stupid things like that, it takes a long research to start believing in the coins or assets they trade.
Should we look at it that way, we might be a little bit biased because, though the youths might be heavily involved in gambling, the aged persons or fully grown adult are heavy stakers. They are capable of making a stake that could cover the stakes of over a 100 youths. Just like that, the investors grow wild in there search for investment opportunities in varying projects. Gambling provides people with a reason to be hopeful of some huge earnings over some few $ stakes. Hence, it became a thing for most persons that needed to be hopeful while those with lots of cash just see it for a game.
I have come across a different breed of investors who are scouting for potential new projects, negotiate a good deal for the seed investment and then if there is a delay in the progress then they would attack the team and would ask to release their tokens even though there is a vesting period for the tokens for these seed investors and i have seen projects sinking because the team released the vested tokens due to the pressure and those seed investors making a fortune.
Why would have delay on the first place? If there are specific dates on when those tokens would be finalized or released then it is just right for the team to make out on what they had promised.There would be no rush up on things or blames if everything would really be in order or had been followed on what the project had been told but expect or anticipate that there would be
possible delays due to developments cant really be rushed up sometimes.It is just investors are really that impatient and does really like that everything
should be followed but well i cant really blame them off.
I have come across a different breed of investors who are scouting for potential new projects, negotiate a good deal for the seed investment and then if there is a delay in the progress then they would attack the team and would ask to release their tokens even though there is a vesting period for the tokens for these seed investors and i have seen projects sinking because the team released the vested tokens due to the pressure and those seed investors making a fortune.
They come like chart and news but gambling don't have this but usually based on instinct. Also I don't know if trade is manipulated but gambling is.
It may be considered gambling by writers because they are just guessing, buying without knowing the analysis. I think if an investor just becomes a gambler he will just run out of capital. If the investor just guessed and succeeded I think it was just luck it would only be one or two times. Then they will lose big.
I don't think a smart investor will be like that, he will think about risk and profit in detail. If the investor without analysis is not an investor but possibly a gambler.
Should we say that even trading normal markets such as spot is part of gambling?
Because obviously one has to "bet" a given amount of funds with hope that the price or value of the item he bought or invested in will grow?
Robinhood is one of the worst exchanges a sober crypto trader can use
Because obviously one has to "bet" a given amount of funds with hope that the price or value of the item he bought or invested in will grow?
Robinhood is one of the worst exchanges a sober crypto trader can use
Lol not so regarded as gambling. Trading is a little guided at least you can trigger your stop loss automatically. Moreover, with trading you have technical and fundamentals to analyse that will help you on the decision you want to make. They come like chart and news but gambling don't have this but usually based on instinct. Also I don't know if trade is manipulated but gambling is.
I think that a large number of people just want to make an investment in the gaming industry. This type of cryptocurrency gaming industry has dual functionalities as people can enjoy in the gaming industry as well as it can be a way of earning money. So in this period of time, people often use the gaming industry to make investments. The gaming industry is increasing day by day as numerous users are interested in this type of marketplace.
Why options trading is considered gambling,while penny stock trading isn't considered gambling by the article author?
There will always be traders,who prefer a high risk/reward ratio.Nobody can stop them from trading.
If options trading gets banned in certain jurisdictions,those traders will find an alternative.
Perhaps the platforms like RobinHood can implement some kind of internal limits,when it comes to options trading.AFAIK,Binary options are banned in the USA,but I might be wrong about this.
By the way,I wouldn't call those investors "a new generation".
They were always here,we just couldn't see them.
There will always be traders,who prefer a high risk/reward ratio.Nobody can stop them from trading.
If options trading gets banned in certain jurisdictions,those traders will find an alternative.
Perhaps the platforms like RobinHood can implement some kind of internal limits,when it comes to options trading.AFAIK,Binary options are banned in the USA,but I might be wrong about this.
By the way,I wouldn't call those investors "a new generation".
They were always here,we just couldn't see them.
You can not lose everything when you invest in penny stocks. The prices may just depreciate to its very low price but there is still something to get when you sell your stocks unlike when you do it on binary options. And it's the same thing with futures when the trend goes the other way.
But you are right nobody can stop them from trading even if the government will try to stop them but these platforms have the least responsibility to look thru those traders just as how they have reasons ask KYC. Not just approve them instantly.
Why options trading is considered gambling,while penny stock trading isn't considered gambling by the article author?
There will always be traders,who prefer a high risk/reward ratio.Nobody can stop them from trading.
If options trading gets banned in certain jurisdictions,those traders will find an alternative.
Perhaps the platforms like RobinHood can implement some kind of internal limits,when it comes to options trading.AFAIK,Binary options are banned in the USA,but I might be wrong about this.
By the way,I wouldn't call those investors "a new generation".
They were always here,we just couldn't see them.
There will always be traders,who prefer a high risk/reward ratio.Nobody can stop them from trading.
If options trading gets banned in certain jurisdictions,those traders will find an alternative.
Perhaps the platforms like RobinHood can implement some kind of internal limits,when it comes to options trading.AFAIK,Binary options are banned in the USA,but I might be wrong about this.
By the way,I wouldn't call those investors "a new generation".
They were always here,we just couldn't see them.
Some of them are already knowledgeable about the internet and of course, they are young they have their full confidence to make a risk than others, and gambling is more ideal to deal with than trading because it does not require a lot of technicalities and understanding how it works. In gambling just wage your assets and wait for your luck and strategy to win the game its ideal for me to play safe with the card games and sports/e-sports game than risking my funds into a slot game but it has higher rewards.
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