Topic: I learned something new from Bitcoin today - page 3. (Read 1101 times)

Guys, Please don't feed these shitposters! It will encourage them only to create multiple accounts, and they will spam the forum. Don't feed those shitposters with your valuable sMerit. EFS did the job, and now this shit poster created more accounts and created a bunch of threads to spam the forum. This piece of shit never replies to the questions.

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You will continue using your ChatGPT shit and won't learn anything. Can't you write these things on your own? Why do you have to use AI to generate these things?

That's right if you're thinking of it as your very own financial castle and there will be no other force that will help you to control and manage it.
It is you, you're on your own and the one that's responsible for everything that you have. You are the captain of your ship as well.
Unlike before when bitcoin isn't existing yet, we've got the portfolio managers, the banks, brokers, etc.

You are absolutely right. If a person wants to bring his risk to the minimum level, he should make all his investment in Bitcoin for the long term as compared to trading and gambling. But my speculation is to keep gambling aside. Gambling is a luck-based game. The real topic is that if a person gets the benefit of all those thoughts that have confidence in bringing profit, then what is wrong with that? Trading should be preferred over long-term investment because, if you look at it, suppose you have invested in the bear market at the end of 2022 and you are still waiting for the bull cycle to come to earn profit. Then see how much you will get. He had to wait and still wait until 2024 halving. If you are familiar with risk management, technical analysis, and fundamentals and also monitor market sentiment, trading is better than long-term investment, in my opinion, because you don't have to wait too long. It also has a connection with a good profit.

I Think Gambling and Bitcoin trading are undoubtedly very different. Gambling is not a reliable way to generate money, especially if you're new to it. It could appear like a means to remain anonymous. On the other hand, you must have a solid plan and exercise caution while handling risks if you want to succeed in trading. Being careful is a good idea because each of these hobbies have potential risks. To protect your investments, consider keeping Bitcoin for a long time. Making good decisions in the unpredictably volatile realm of cryptocurrencies entails avoiding rash choices motivated by greed.

Exactly, but trading and gambling are risky it is better to be knowledgeable about them before putting your money at risk, Many people who play gambling are knowledgeable about it because if you don't, you will continue to lose money because you won't know which club to stake your money on, People that are winning gambling Weller are the people who play only 2 to 4odd games and put big money and win a huge profit on it, but sometimes is cut too, but is just minimize the risk to play many games to win big money, and trading is better than gambling because if you already know about Bitcoin trading you will be winning many times.

But in my opinion, if you want to minimize all of this risk you should just invest in Bitcoin for the long term and you will achieve your goals, It is better for me to invest than to trade because trading is very risky so just use your capital and invest in Bitcoin for the long term, because even if the price drops it will definitely rise again, so it is better to make an investment than to trade or gamble, but it is your choice.

Both trading and gambling has it's own risks, there are not guarantee that you are going to make profit and from your post it's obvious you lacked the required knowledge. For you to be a successful trader or gambler, you need the required skill set and knowledge and you're in luck to still have almost your capital intact. If you must venture into trading or gambling, do well to get the required knowledge to avoid running into losses. However, if you can start doing DCA and keep buying Bitcoin whenever you have money, I think it would be more profitable.

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.

You shouldn't be addicted to anything because the more you do, the more you are compromising your life and eventually you will lose it because you don't know what to do anymore when you lose everything. that's why we always need to know when to stop and always be in moderation because whenever things don't fall into the place where we want them to be, we can still find a way to stop it and change the course of our lives. It was nice for you to learn it before it was too late because it's not that bad to wait for the price of bitcoins to rise and eventually get back your capital and some decent amount of income than to think of your loss from gambling which you will never get back again after you lose everything.

Ask yourself, what would you choose, Bitcoin trading where you had an experience to gain or gambling where you lose money instead of gaining? Be wise to always in the side where you can gain instead of losing your money.

Since you already experience and aware on how to trade Bitcoin, focus on that and see what you need to improve in order to maximize your profit. There are times everything will not go as planned but sometimes you need to experience those to be aware on what strategy to use and how to deal with such situation.

In my opinion, I should not choose gambling when choosing trading and gambling, because gambling is considered a crime in our country.Gambling is dangerous because people give up everything for it.I have seen many people sell household goods and lose gambling. People lose their property and personal belongings in gambling. You can't live your whole life on luck. It may be the fortune of a few but not for all.


Of course choosing trade between trading and gambling will be your best decision. If you give someone advice about trading, it will be good advice. Both experience and skill are essential for trading. People who have good experience and skills are able to earn good profit from trading. This requires understanding and then trying to learn the crypto market. High risk in trading is only if you start trading without experience and knowledge, while gambling can be risky all the time, because in gambling your experience never comes in handy but you just have to play on luck.

What I mean is verifying the suitability of the choices made by each person, it does not mean that bitcoin can be predicted accurately and if you think bitcoin is unpredictable you are also wrong because there are hundreds of predictions that appear every day. It's just that the accuracy of the predictions is not completely correct because Bitcoin is quite speculative regarding its volatility. Therefore, knowing the compatibility in it is quite important so that someone can be responsible in investing or trading

Trading is much more difficult to do because not everyone has the ability to read market or coin movements. But if we invest in Bitcoin it will be much easier because all we need to do is be patient and wait for the cycle process to run for the next ATH. Knowledge will give an idea of how the cycle works for bitcoin and calm will give an idea of what needs to be done even if bitcoin is in a severe downturn.

It would be much better if one could do both and if one cannot do both at the same time then that is where appropriate selection verification is needed. It's different when faced with some people who really prefer risk and usually people like this will trade to increase their daily income. I am also a typical person who chooses both, but trading is not done regularly and usually I will trade when I have good momentum in a slightly more enthusiastic mood.

Both bitcoin investment and gambling has its own risk. But with gambling ofcourse it has a higher risk of losing ‘coz things happen in an instant and it depends solely on your fate as a gambler. With Bitcoin, as we all know, analysis work which lessens the risk. Bitcoin and other cryptos’ market value are volatile and affected by many factors. But if it is with higher chance of winning, investment would be better. You’d only lose from your Bitcoin investment once you choose to sell early while with gambling; if you’re unlucky then you may not expect for a better outcome than losing. These Two things are different from one another but the thing that connects these to is risk.
It is just fine for me than to push oneself with a scheme he often lose. This might also help those people who are frustrated with their crypto journey in particular with what should be their focus to earn from this industry. Some would still prefer gambling and that’s just fine, likewise with Bitcoin investment.

No offense, it's a matter of choice when choosing between gambling and trading, as riskier as gambling is, you will see many people leaving trading for gambling, it depends on what works for you, there are some people who find their luck in the hardest ways and gambling is a good example, if you force them to learn trading, they might not be lucky with trading, upon the fact that trading works best with analysis and tool.

It's not a must to be in these two, just find the one that suits you better and focus on it, I am into both but I spend time to learn trading, I was never in a rush to start making money, I was like ' knowledge first, before everything else, if your knowledge is high level, money will follow.

If I have to choose between trading and gambling I will go for trading, this is my own opinion and I am talking for myself, it's not an advice for anyone, I choose trading because it requires skills only, and since gambling is all about luck then gambling is more risky than trading.

Comparing Bitcoin to gambling doesn't feel right to a lot of people. From what you've shared, it sounds like you've found more potential in Bitcoin trading and that it's been more profitable for you than gambling. If you're feeling the Bitcoin vibe, keep learning and go with it. Maybe you're on your way to being a crypto mogul lol

Could you please tell us what is the point of creating two new accounts at the same time while you are learning things? What is the point of creating multiple threads all over the forum with your broken English when you are supposed to read more and write less so you can improve yourself? You decided to create two accounts simultaneously, rank them up as soon as possible, and join some campaign to make money. I am sorry to say, but you have a long way to go, and it's not easy to rank up an account. Yet you are trying with two accounts at the same time. Please Stop creating threads for each and every reason.

I understand what you want to convey that from your experience you make money more easily compared to gambling. Well, it seems that Bitcoin trading can give you better profits compared to gambling and if you feel that you are more suited to it, you should just stick to it, maybe you will become a successful Bitcoin trader, who knows.
Maybe just as a suggestion, in the next post you should pay attention to punctuation so that readers don't guess what you want to convey.

I'm thinking of doing both. So I do a long-term hold and use the time to trade. There was a motive that made me want to accumulate more BTC. In addition, sometimes feel happy if you make a profit from trading results. Although I don't always have to trade every day. Because sometimes I need additional money from the results of the trading I do. Although there are indeed some parts that I allocate for the long term. Indeed, the investment risk looks smaller, but you must be able to control patience. It is not owned by everyone and it takes time to practice.

You are just spamming and wasting your time here. I don't think anyone will patronize you when you make comments about your service in different threads. If you continue like this, your account might be affected. The best thing you can do is create a thread on the service board to tell everyone about the service you are offering, provide proof of your previous work, and am sure that whenever anyone needs your service, they will contact you. But what you are doing currently is spamming, and I am sure there is no team that will want to give you their project to manage for them.

I guess you are right, bitcoin price hasn't really been moving recently. If you are using spot trading and you decide to trade with $100, I don't really think you will be able to make $10 profit within a short period of time, the amount that you will be able to make will be less than $10. Or maybe you are into future trading, which is kind of risky to me. I don't really encourage people to participate in future trading because of the risk. When participating in future trading, you have to be very careful during your analysis, and you have to manage your risk. Always use low leverage when trading. I don't see much difference between future trading and gambling.

You say you just started trading, have you invested the time to learn the skill itself, as trading without any is considered gambling no two ways about this. And one red flag for me is you saying you dont have the patience...news flash both gambling and trading require a lot of patience to succed in either of them.

Secondly, if you aren't hodl-ing and you say you traded to make a $10 profit, then this tells me you were leverage trading which is among the high risk kind of trading! Btw you made your first profit from trading, can you replicate this just to prove to yourself that you weren't gambling or using beginners luck.

The answer is in the writing, between gambling and trading you found better luck with trading the go for trading.

Btw addiction isn't only in gambling , you can be addicted to trading if you want to make a quick profit entering at each candle move which exposes you to more losses.,hence secret to this game is patience.

Although verification and awareness can lessen risk, trading and the bitcoin sector are fundamentally unpredictable. It creates a false sense of control, leading people to believe that knowledge and insight can withstand cryptocurrency market volatility. Every choice is personal, but outside pressures cant be ignored.

Trading is unpredictable even for the best traders. Because they are governed by invisible persons, global economies' enormous and complex networks are continually evolving. In this pandemonium, can anyone claim freedom and control? We're experienced and knowledgeable about the market, yet its volatility throws us off. This shows we're not as good as we hope.