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Topic: I learned something new from Bitcoin today - page 6. (Read 1101 times)

sr. member
Activity: 532
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September 23, 2023, 08:31:08 PM
#26
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, congrats on making $10 profit on your first trade. OP you said you don't know how to gamble, you shouldn't be gambling. Although gambling depends on luck, you will also stay away from gambling. As you said you gained $10, you lost $11 by gambling. At the end of the day, you lost $1. If you have enough knowledge and good talent to trade then keep trading. If you want you can buy bitcoins and hold them for long term. Future may be positive for you, you may get a lot of profit. OP, I'll give you a warning, you've posted in the Bangladesh local community. You are a Bangladeshi citizen, both cryptocurrency and gambling are prohibited in Bangladesh. You trade in Bitcoin while maintaining privacy.
sr. member
Activity: 1316
Merit: 356
September 23, 2023, 06:29:18 PM
#25
I would say that gambling also benefits Bitcoin because it attracted big gamblers to gamble with Bitcoin without knowing their identity. So it feels like it's way too good than to use physical gambling. However, gambling is not a guarantee to earn money especially if you're new. You know that gambling is different from trading. If you're here in crypto to earn money, I would definitely go with trading but before that, I just wanna tell you that it is not easy as you think. So don't ever trade if you don't have trading plan and always follow your risk management to avoid unexpected losses.
legendary
Activity: 2492
Merit: 1232
September 23, 2023, 06:20:15 PM
#24
This kind of discussion has been here and has been a debate, you can't compare gambling to trading as always because these two things have different effects on us.  Gambling is based on luck that you may enjoy but in trading that could stress out your day but if you have knowledge of it it's possible you will earn.

Also, learn how to invest and prepare your investment plan.
Because trading and gambling isn't the perfect option for people that didn't have enough knowledge of them and the best option will be the side on investment in the long term.
hero member
Activity: 1680
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September 23, 2023, 06:01:29 PM
#23
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.

Actually gambling happens in everyones life, I used to gamble much, I used to lose money because of gambling (even though I won several pretty good bets, the overall balance is most probably around zero). As for BTC and gambling, the same features of gambling are present in cryptogambling market. Moreover, cryptotrading can be considered gambling as well, since its a rare luck to get short-term profit out of a crypto deal, especially if the amount of money in possession is not so large. So, in general, long-term hodling is the best investment strategy in cryptomarket... Actually, I'd rather not call it investment, it's more like just buying a valuable asset.
legendary
Activity: 3010
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September 23, 2023, 05:12:46 PM
#22
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.
Actually I didn't get your question properly. Did you ask about something like that what should you choose  between   gambling or Bitcoin ?
If the question is actually like this,  then I will say  there is something wrong on your question. Because trading and gambling are not the same thing.
 But trading can be also a kind of gambling when one person  jump into trading without any knowledge,  like as fundamental knowledge,  technical knowledge. And gambling should never be a source of  earning,  it should be used for only entertainment purpose,  otherwise it can take you to the street. So the decision is yours,  what should for what need you to take.  Grin

I think @OP is giving a piece of advice and giving an example between trading and gambling. @OP wanted to tell us to do trading instead of gambling because trading can give more benefits thang gambling Bitcoin.  As for his example, we see that he stated that in Trading he profited but in gambling he lost some amount.  That is what I understand from what @OP stated. Even the poll  asked whether he give a good advice or others have better advice.
sr. member
Activity: 1400
Merit: 268
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September 23, 2023, 05:04:39 PM
#21
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.

First of all, this will be more suitable in a Gambling section not in Bitcoin Discussion. And I think you need to understand that gambling is an entertainment, after all it's designed for you to spend money on it, not to earn more money, what you get is a satisfaction of winning, but in general you will lose money more than you earn.

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.

And OP should learn the advice in this reply, if you have a gambling addiction Bitcoin Trading would be the closer feeling you get to the satisfaction when you win some bet, and it is driven by market not controlled by the casino house. It can be learnt, not just relying on some luck.
EFS
staff
Activity: 3822
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September 23, 2023, 04:56:04 PM
#20
In gambling house always wins. You may have some profit in short term but in the long run you will end up losing eventually. It's your money but my advice would be don't gamble to make profit. Do some saving and invest. I know everyone gives similar advice, but only few people listen to it and actually implement it. When I look back, I think I would've been much richer if I had saved the money I spent on gambling. Think long term, plan and implement. Easy to say but hard to do. Trust me if you can do this, you will succeed.
hero member
Activity: 966
Merit: 701
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September 23, 2023, 04:48:04 PM
#19
I know both are risky but I feel like bitcoin trading I can slowly put something in my future and always gamble on my own luck that's why we all trade bitcoin with knowledge and everyone will benefit.
I think I understand what you’re saying now. Bitcoin trading is not the same as gambling, trading is a skill that’s developed with time and expertise. Any dummy can try his luck gambling and still make some winnings if Lady Luck smiles on him. Gambling is a risky venture and should not be considered as a means of livelihood. The odds are not in favour when you gamble in most casinos, the game is programmed to ensure the house always wins. But in bitcoin, you hold all the cards and can regulate your trading plan.
hero member
Activity: 2828
Merit: 518
September 23, 2023, 04:40:10 PM
#18
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 believe that you are already old enough to see what is working for you and what is not. In your case, it was pretty clear that gambling never gives you good results but instead losses while trading seems to play well. You know what suits you and trading seems to be chosen and cutting your gambling addiction for this won't give you a better life but disaster.

But, as you mention about "impatience", I'm afraid this would create a problem in your trading career because I will tell you OP that this is very important in trading.
hero member
Activity: 1918
Merit: 564
September 23, 2023, 04:28:54 PM
#17
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.
hero member
Activity: 1232
Merit: 516
September 23, 2023, 03:56:12 PM
#16
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 better spend it on something fun because investing 100 dollars in bitcoin and taking a profit of 110 dollars! It's not logical to book profit at 10% by taking huge risks. Gambling is fun and can be addictive, but it requires luck and a bit of trickery. But if you are good at it, you can make more money by investing in bitcoin. Both are risky, but I will prefer bitcoin over gambling because I don't need to rely on luck to get my money back. I know it will be back eventually if I can manage to hold on for a few years.
legendary
Activity: 2394
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September 23, 2023, 02:09:03 PM
#15
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.
sr. member
Activity: 588
Merit: 289
September 23, 2023, 12:53:57 PM
#14
I know both are risky but I feel like bitcoin trading I can slowly put something in my future and always gamble on my own luck that's why we all trade bitcoin with knowledge and everyone will benefit.
Trading bitcoins is, in my opinion, much better than gambling. You claimed that you made $10 from trading bitcoins and lost $11 through gambling, proving clearly that trading bitcoins is better than gambling. However, if you learn how to do all of them, you will profit from both of them if you are not greedy. You should pick the one you like because both are profitable and you can lose money from both because you are aware that they all have risks.
hero member
Activity: 1414
Merit: 670
September 23, 2023, 12:50:15 PM
#13
I think you should choose bitcoin trading and whoever has the patience to gamble and have fun for a while and never get addicted to it is also very good to me but no one ever gets addicted to gambling your family and ruin  May be and no one will be addicted to anything to their own detriment
I did not find this suggestion healthy, it's like you are saying you can go out and can make with some other girl I can bear it but you can not get used to it. I mean really! can you stop yourself? No, it will be hard for you to stop yourself once you start to do things that society finds immoral and the people around you, about which you used to say what others will say. If those people will give you permission to do that immoral work.

Then you will not hesitate to do so, because you know that, they are the ones who will talk bad about me but if they are giving me the chance then why would they talk bad about me, and why would I care?

The best practice is to avoid gambling at all costs because once a person starts to gamble even for fun purposes then once he makes huge profits then he will not stop himself to in a casino or a place where he can gamble. Besides, a person should really not get addicted to anything either, whether it's alcohol, gambling, trading in BTC, etc.
hero member
Activity: 812
Merit: 619
September 23, 2023, 12:41:39 PM
#12
I wonder how people still comparing gambling with btc. Both are totally different. Trading is 99% luck base where wining chances is very low, only tricky players know how to win while btc trading is totally different where you have to use proper analysis tool, use some good strategy and practice of patience. BTC trading working same as we do business in our daily life where profit and loss both is possible but proper knowledge will gives profit sooner or later

The difference can also be found thay Bitcointalk have separate boards for each topic.
hero member
Activity: 2212
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September 23, 2023, 12:28:48 PM
#11
@OP, you only learn these 2 things, trading and gambling. Even if you use any currency in these two things, you'll get the impression that's not much different.
You haven't learned anything from bitcoin itself.
jr. member
Activity: 57
Merit: 3
September 23, 2023, 12:09:24 PM
#10
I know both are risky but I feel like bitcoin trading I can slowly put something in my future and always gamble on my own luck that's why we all trade bitcoin with knowledge and everyone will benefit.
Now you are kindda right way, I will not say you to don't gamble, but always take it for entertainment purposes. If it is taken as an addiction or an earning source then I think its future is dark.
In this case if you wanna,  trade on Bitcoin  here you will also have to gain some fundamental knowledge,  then for beginner I will say invest your lazy fund  for long term.
And here first of all you have to take a strategy on DCA . Such as myself I have also take a long term strategy on Bitcoin,  here I am putting $10 per week, most likely in a month $40. If you have a problem with the withdrawal fees then you can   store one or two month then withdraw to the decentralized wallet.  Because centralise  exchangers are not there for long term holding.




Yes Of course I expressed interest in it but I have something to learn I am a new account owner I should take a lot of knowledge from here it will be very useful for me in future Bitcoin trading then I will try to do what you said.
hero member
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September 23, 2023, 11:59:02 AM
#9
I know both are risky but I feel like bitcoin trading I can slowly put something in my future and always gamble on my own luck that's why we all trade bitcoin with knowledge and everyone will benefit.
Now you are kindda right way, I will not say you to don't gamble, but always take it for entertainment purposes. If it is taken as an addiction or an earning source then I think its future is dark.
In this case if you wanna,  trade on Bitcoin  here you will also have to gain some fundamental knowledge,  then for beginner I will say invest your lazy fund  for long term.
And here first of all you have to take a strategy on DCA . Such as myself I have also take a long term strategy on Bitcoin,  here I am putting $10 per week, most likely in a month $40. If you have a problem with the withdrawal fees then you can   store one or two month then withdraw to the decentralized wallet.  Because centralise  exchangers are not there for long term holding.
hero member
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September 23, 2023, 11:46:33 AM
#8
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 think you are not a native English speaker, as your writing skills lack some words to convey the message properly, but I used my reading skills and I understand that, you are trying to emphasize that, gambling made you lose $11 while BTC trading made you a profit of $10 dollars with your $100 capital. And you suggested not to become addicted to anything, but at the same time, you said to make more trades in BTC than gambling to make profits like for Shine Future.

I am not trying to fill this post with words using your own words <-- for those who will start to criticize me please check my Profile first.

I can not agree more with you, because, BTC trading is totally based on analysis and it is not that by doing the analysis you are going to make 100% profit. Because the BTC market is so volatile and full of surprises. So, be active and educated for a bright future. And yes avoid gambling at all costs because there is no analysis in that. Gamblers will not agree with me but I am ok with that.
legendary
Activity: 3374
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September 23, 2023, 11:45:39 AM
#7
In gambling you could lose your bet in an instant same goes if you win unlike in trading you will only lose or win a small percentage.

The only good thing about trading is you have the opportunity to analyze charts, and if you possess strong technical analysis skills, you can increase your chances to make a profit compared to Casino which is based on luck.
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