I learned something new from Bitcoin today

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Quote from: Z_MBFM on April 05, 2024, 11:17:33 AM

Quote from: Razmirraz on April 05, 2024, 10:58:41 AM

Quote from: Mst.Wangdan$ on September 23, 2023, 10:54:46 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.

You must draw conclusions from the experiences you describe above. You can easily earn $10 from Bitcoin investment, while you lose $11 in gambling in a short time. These two different experiences make you have to be wise in choosing a path to seek profit. Bitcoin investment has a greater chance of making a profit compared to gambling.
Please bet on gambling as long as it does not interfere with the money that should be invested in Bitcoin. If you believe Bitcoin has a bright future, never risk money that should be invested in Bitcoin for other, more high-risk purposes.

The price of Bitcoin is constantly going down and up so one can keep it in check and earn good profits with less investment. But this will not always happen because many times the market crash occurs when the market does not move at its normal speed. therefore, short-term trading is risky, everyone must accept it and trade by accepting that risk. no one can ever guarantee regular profits when trading Bitcoin or Altcoins. so in this case there will be risk but it can be said that the risk is less than gambling

Right now it's back to 68k$ more, and it's still a bit unpredictable, and I don't want to start trading; it's better to hold and DCA for now. At least this way, we can relax or break for a while.

Then it will be more secure while we save and hold any assets we have in our wallet accounts. Because we are in the range now for the time being,
does that mean we will continue again for sure in the rally? But, of course, let's just wait and see.

$weetne$$

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Quote from: KingsDen on April 02, 2024, 06:43:03 PM

I am surprised that people still compare cryptocurrency trading to gambling. I believe that it is those who doesn't know the technical and fundamental analysis, those who cannot read charts that believe trading is gambling. When you trade without knowing how to trade, you are actually gambling. Trading requires skill while gambling can only be lucky. So, it's better you learn trading which is skills than gambling which is luck.

There are many newbies joining cryptocurrency and they're thinking that gambling and trading are the same thing as both of them deals with making predictions. They don't realize that you can't repeat what you did the previous times that you have gambled the next time that you're gambling again. In spite of doing the exact same thing that you did previously, you still wouldn't win when you're gambling the next time but when trading if you have mastered a particular strategy, you can use that strategy to win multiple trades. Trading doesn't just depend on being lucky as gambling does always. Someone with experience in trading can win but when gambling if you don't have experience or don't know what you're doing, you can still win when you have luck on your side for the day.

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Quote from: Mst.Wangdan$ on September 23, 2023, 10:54:46 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.

This is a mistake you make because you confuse investing with gambling. In fact, when you understand how to make profits in Bitcoin, what you need to do is buy back with previous profits. People gamble with different money and they don't mix up the two. If you are addicted to gambling then I think whatever profits you get from investing you will never be able to control it, because your gambling budget and investment are used simultaneously.

There is no problem getting involved in gambling as long as you have a separate budget from investment, it is a mistake when you combine the two without planning. The choice is yours, if the investment can provide profits then that is what you should choose instead of taking the risk of losing money in other activities.

AnonBitCoiner

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Quote from: KingsDen on April 02, 2024, 06:43:03 PM

I am surprised that people still compare cryptocurrency trading to gambling. I believe that it is those who doesn't know the technical and fundamental analysis, those who cannot read charts that believe trading is gambling. When you trade without knowing how to trade, you are actually gambling. Trading requires skill while gambling can only be lucky. So, it's better you learn trading which is skills than gambling which is luck.

Only those people don't differentiate between gambling and trading who always trade based on their luck and they think that their good luck will help them to get profit but it actually happens in gambling not in trading.

Most of the individuals are a part of trading but they know about technical analysis and they go ahead according to the market prediction while gambler only bet blindly without knowing anything because knowledge and experience does not work in gambling but in trading experience can help to overcome risk and loss.

Z_MBFM

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Quote from: Razmirraz on April 05, 2024, 10:58:41 AM

Quote from: Mst.Wangdan$ on September 23, 2023, 10:54:46 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.

You must draw conclusions from the experiences you describe above. You can easily earn $10 from Bitcoin investment, while you lose $11 in gambling in a short time. These two different experiences make you have to be wise in choosing a path to seek profit. Bitcoin investment has a greater chance of making a profit compared to gambling.
Please bet on gambling as long as it does not interfere with the money that should be invested in Bitcoin. If you believe Bitcoin has a bright future, never risk money that should be invested in Bitcoin for other, more high-risk purposes.

The price of Bitcoin is constantly going down and up so one can keep it in check and earn good profits with less investment. But this will not always happen because many times the market crash occurs when the market does not move at its normal speed. therefore, short-term trading is risky, everyone must accept it and trade by accepting that risk. no one can ever guarantee regular profits when trading Bitcoin or Altcoins. so in this case there will be risk but it can be said that the risk is less than gambling

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Quote from: Mst.Wangdan$ on September 23, 2023, 10:54:46 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.

You must draw conclusions from the experiences you describe above. You can easily earn $10 from Bitcoin investment, while you lose $11 in gambling in a short time. These two different experiences make you have to be wise in choosing a path to seek profit. Bitcoin investment has a greater chance of making a profit compared to gambling.
Please bet on gambling as long as it does not interfere with the money that should be invested in Bitcoin. If you believe Bitcoin has a bright future, never risk money that should be invested in Bitcoin for other, more high-risk purposes.

CageMabok

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Quote from: btc78 on April 05, 2024, 10:14:14 AM

What I think is the main difference between trading and gambling is analysis and research.

With trading, you learn about historical data and analyze market trends in order to make a hypothetical movement based on what you have observed from the past. From this you can now make a decision of whether you’ll buy or sell.

What we need to understand here is that each thing is different, both in the way it is carried out and in the way it is analyzed, because the way to analyze the market for trading purposes is very different from gambling which only relies on luck through the bets we place. Meanwhile, for trading, everyone can rely on previous data that has occurred in the market on certain assets, although there is no guarantee of profit, but there is always the opportunity to make a profit through trading if the market is sufficient.

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Quote from: Wakate on April 04, 2024, 04:11:24 PM

Quote from: bounceback on March 30, 2024, 11:54:36 AM

Quote from: Mst.Wangdan$ on September 23, 2023, 10:54:46 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.

Sometimes I wondered how some persons think trading could be, they might think it's all about gambling but loses is what usually be the end results.

What I think is the main difference between trading and gambling is analysis and research.

With trading, you learn about historical data and analyze market trends in order to make a hypothetical movement based on what you have observed from the past. From this you can now make a decision of whether you’ll buy or sell.

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Quote from: danadc on March 29, 2024, 05:50:44 PM

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.

In my opinion, things like this depend on the perspective of each when distinguishing about risk because in the end we must realize that whether it is gambling or trading, they all play the same role, namely emotions so that when we cannot control our emotions properly, it can be fatal as for example in a match where we continue to lose and have more ambition because precisely with that defeat we become more eager to gamble and increase the stakes we have in the end it will also not go well for us.
In addition, when talking about trading, it is the same where we continue to take positions that are not really necessary because we are approaching liquidation which actually makes us hassle and continues to be in a loss so that the role of self-control is important regardless of where you stand whether it is in gambling or trading the emotions we have must be completely stable.

The Cryptovator

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It's a little bit confusing to understand your post. However, it's a bit of an indication of investing in Bitcoin rather than gambling. So at this point, I pretty much agree with you. When you are buying bitcoin, it still exists in the same quantity, though the value would go down. For example, you buy 1 bitcoin at 70K, and right now it's 65K. But you are still holding 1 bitcoin. When you gamble, you either win or lose. For Bitcoin, it would recover after a year or a couple of years. So at the at the end of the day, you will gain at some point when investing in Bitcoin.

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Quote from: bounceback on March 30, 2024, 11:54:36 AM

Quote from: Mst.Wangdan$ on September 23, 2023, 10:54:46 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.

Sometimes I wondered how some persons think trading could be, they might think it's all about gambling but loses is what usually be the end results. We need to be wise and know what we are doing so that we don't finally lose funds because we think we could recover the fund easily. Trading is more difficult and complex than what we thought. Although there are still traders that make money from the Crypto market and they don't know anything about trading. One can join crypto signal group for us to make money from the market than trading to trade alone. We can work things out taking a bold steps as traders.

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Quote from: bounceback on March 30, 2024, 11:54:36 AM

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

In reality, not everyone understands this. Some people are still trying to make gambling as a source of income. I don't really know why they do this, it may be caused they are motivated by the story of successful gamblers. They think it is easy to win gambling games but in fact it is quite difficult to win gambling games. Sure, mostly we gamble for fun or to get entertainment. It is hard to earn money constantly through gambling.

Quote from: bounceback on March 30, 2024, 11:54:36 AM

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.

If he only could earn $11, it can be caused he still used small funds. It can be higher if he used bigger funds. However, he need to have good knowledge and experience if he wants to use bigger funds. Anyway, there is still chance to lose money in trading, too. But we can deal with this if we have good understanding in trading.

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Sometimes when I think about Bitcoin and it slowly movements to gain the highest and costly coin in the market is like a magic to me. I never believed today that Bitcoin will have the highest market share among all crypto currency in the world today. When Bitcoin was invented in the year 2008, I was introduced by a friend to start mining Bitcoin but I thought it was I waste of time to me because I needed a quick and fastest way to make money. I saw all the process as I waste of time. I never picked interest on the mining process. The activities of Bitcoin today, it's market share and value has made me to lean something new today. Bitcoin have made me never to look down on any crypto currency or coin today. Bitcoin have made me to have so much interest and passion for any coin today without been under valued. Bitcoin have made me to lean how to be patient on any newly introduced coin with the hope and believe that it turn to be one of the highest paid crypto currency. I have learnt a lots from Bitcoin.

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Quote from: lalabotax on April 03, 2024, 04:25:01 AM

Quote from: Mst.Wangdan$ on September 23, 2023, 10:54:46 AM

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

If you don't understand how to play gambling games, why you gamble? It is the same as you trade Bitcoin, if you don't understand it, you probably end up with a lose. It is a big mistake to do something without understanding it very well. Knowledge is important to do anything in our life whether it is for a serious matter or fun things.

It looks like you have a good luck in trading Bitcoin. So, it is a good decision to focus on trading Bitcoin. However, you need to make sure to continue learning on it because it is not always easy to make profits through crypto trading. In a bad market condition, we are sometimes very difficult to avoid losses.

But is it right to compare bitcoin trading to gambling? Knowledge is extremely important, but does knowledge work in gambling or what we need is just luck, nothing more and nothing less? Meanwhile, if we have knowledge about bitcoin trading, our winning rate will be higher, although not 100% guaranteed.

I still want to warn that trading is very risky even if you have a lot of knowledge and experience in trading. So don't just focus on trading, try diversifying your income search and holding is not a bad choice, holding will be safer and even more profitable.

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Quote from: dezoel on April 03, 2024, 06:56:24 PM

A better example to understand trading is that trading is your business and gambling is your fortune eater. In other words, trading is something that can make you a millionaire and billionaire and gambling is something that can make you a pauper overnight.

I know some people who lost all their properties in gambling, and I know some people who were laborers till some time ago, they showed their interest in trading, made some investments and now they own millions.

Except for a few lucky and patient people, I have never seen anyone win at gambling; so, I would advise to stay away from gambling as much as possible.

Invest your valuable time and money in activities that will benefit you sooner or later.

One will definitely make one earn and the other will make one learn. While trading might insure the former, the latter which is gambling is sure to teach a very good life and financial lesson.
The losses from trading can't be compared to the losses encountered from gambling away cash that is meant to be diverted for better use.

Still, one can be meant and followed through as a career, while the other which is gambling can be just a pleasurable activity meant for mental stimulation or fanfare.

Ayers

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Quote from: dezoel on April 03, 2024, 06:56:24 PM

A better example to understand trading is that trading is your business and gambling is your fortune eater. In other words, trading is something that can make you a millionaire and billionaire and gambling is something that can make you a pauper overnight.

I know some people who lost all their properties in gambling, and I know some people who were laborers till some time ago, they showed their interest in trading, made some investments and now they own millions.

Except for a few lucky and patient people, I have never seen anyone win at gambling; so, I would advise to stay away from gambling as much as possible.

Invest your valuable time and money in activities that will benefit you sooner or later.

Trading is still better than gambling but making a profit from trading is not easy and you won't always make money from trading. Can you tell me if anyone has become rich by trading bitcoin? because as far as I know, the people who have become rich by bitcoin are mostly long-term holders. Therefore, we can trade but should limit it because the line between trading and gambling is very thin, and you can become a gambler in your trading if you do not control your emotions.

I'm not against day trading but I don't think it can make you rich or a millionaire, but if you are a holder the odds of getting there are higher.

dezoel

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A better example to understand trading is that trading is your business and gambling is your fortune eater. In other words, trading is something that can make you a millionaire and billionaire and gambling is something that can make you a pauper overnight.

I know some people who lost all their properties in gambling, and I know some people who were laborers till some time ago, they showed their interest in trading, made some investments and now they own millions.

Except for a few lucky and patient people, I have never seen anyone win at gambling; so, I would advise to stay away from gambling as much as possible.

Invest your valuable time and money in activities that will benefit you sooner or later.

lalabotax

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Quote from: Mst.Wangdan$ on September 23, 2023, 10:54:46 AM

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

If you don't understand how to play gambling games, why you gamble? It is the same as you trade Bitcoin, if you don't understand it, you probably end up with a lose. It is a big mistake to do something without understanding it very well. Knowledge is important to do anything in our life whether it is for a serious matter or fun things.

It looks like you have a good luck in trading Bitcoin. So, it is a good decision to focus on trading Bitcoin. However, you need to make sure to continue learning on it because it is not always easy to make profits through crypto trading. In a bad market condition, we are sometimes very difficult to avoid losses.

KingsDen

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Goodnight, o_e_l_e_o 🌹

Quote from: Mst.Wangdan$ on September 23, 2023, 10:54:46 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.

I am surprised that people still compare cryptocurrency trading to gambling. I believe that it is those who doesn't know the technical and fundamental analysis, those who cannot read charts that believe trading is gambling. When you trade without knowing how to trade, you are actually gambling. Trading requires skill while gambling can only be lucky. So, it's better you learn trading which is skills than gambling which is luck.

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Quote from: Mst.Wangdan$ on September 23, 2023, 10:54:46 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.

Well, you should have patience in everything, whether it's trading or gambling, you shouldn't lose patience. Because he gives us a lot of guidance to help us develop ourselves in things that we don't notice, we are molded.

As the saying goes, "When there is patience, there is stew" Which is true and proven and tested by most people, and that is also the character of a farmer. So we are all farmers for us to survive to earn something.

Topic: I learned something new from Bitcoin today (Read 1103 times)