Journey from gambling to trading - page 4.

JohnBitCo

sr. member

Activity: 2030

Merit: 356

Quote from: Aivaryamal on March 17, 2019, 12:58:29 AM

Trading really allows you to make good money, but you need to distribute your capital very competently, otherwise you will have to wait for a long time to return to the entry point

Sometimes we can get stuck in trading if the coins move down below our buying price but it is still better than gambling where if we lose a game, all the money wagered is lost and there is no chance of recovery. A recovery in gambling can only be done if we put new money in gambling and that too is a risky thing to do.

Kiefner

member

Activity: 921

Merit: 10

I didn't know how to trade either. Thought that enough simply buy to coins and she then will help you earn big money. But I was very wrong. To invest in a coin, you need to analyze and choose the best time to buy.

Ucy

sr. member

Activity: 2576

Merit: 402

Bisq is a Bitcoin Fiat Dex. Use responsibly

This happened to most of us especially as newbies. Learning cryptocurrency trading is very important for becoming a successful trader... Many of us ignored this important part as newbies and paid the price.
Good to know trading is working out for you now.

Iceblast

full member

Activity: 783

Merit: 100

Quote from: Noah14 on October 31, 2018, 06:17:55 AM

When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning

Your trip maybe very interesting, right now you can only get rid of gambling and move on to trade because now trading is more profitable and you have to master the science of trading to return your assets after losing gambling.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: travwill on June 23, 2019, 11:17:14 AM

Quote from: playboy654 on March 17, 2019, 02:10:12 PM

Trading is more difficult than Gambling .so once a person get out from gambling he could be very difficult to get into the training field because they work pressure is very low and comes to gambling but in trading it will be more higher than anything.

But trading is able to give you much more money than gambling. Playing against the casino numbers will always be on your side. The crypto market is the same casino, in some degree, but knowing the rules you can earn.

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But trading is able to give you much more money than gambling.

that's what he's saying above . did you miss look it ?

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playing against the casino numbers will always be on your side

huh ? are you talking about gambling ? in gambling there is no one on your side because the chance of winning on gambling is only small , i would say 49 over 51 .

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The crypto market is the same casino, in some degree, but knowing the rules you can earn.

this true because cryptos are also unpredictable like a casino . knowing the rules is a must but it does not guarantee you a secure win .

travwill

sr. member

Activity: 1313

Merit: 278

Quote from: playboy654 on March 17, 2019, 02:10:12 PM

Trading is more difficult than Gambling .so once a person get out from gambling he could be very difficult to get into the training field because they work pressure is very low and comes to gambling but in trading it will be more higher than anything.

But trading is able to give you much more money than gambling. Playing against the casino numbers will always be on your side. The crypto market is the same casino, in some degree, but knowing the rules you can earn.

armarsterling7

member

Activity: 420

Merit: 10

Quote from: Noah14 on October 31, 2018, 06:17:55 AM

When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning

Yes. Investment field is not a normal field. Everyday you will have to face thousands of people to win and win money on your pocket.
That competition requires you to have trading experience, financial knowledge, and countless good qualities. If you are lacking, you will definitely suffer many failures.

jimmyd178

newbie

Activity: 80

Merit: 0

What's happening with MPCX's IEO? 3 different crowd sales concurrently? (OOOBTC, MPCX's site, ProBit)

Victorycoin

hero member

Activity: 1134

Merit: 517

Journey from gambling to trading should be good. From gambling anyone can get wealthy too fast than trading and on the same time loss can happen more faster than trading.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: playboy654 on March 17, 2019, 02:10:12 PM

Trading is more difficult than Gambling .so once a person get out from gambling he could be very difficult to get into the training field because they work pressure is very low and comes to gambling but in trading it will be more higher than anything.

Not really, because when you are in gambling, and you get lost in many times, you will face the hard situations which makes you confuse about to continue or leave the games. You will feel that it's hard to make a decision and I guess that you will still play for the next round. I think between trading and gambling, and we still need to control ourselves so we can handle every bad situation that we might face and we can make a decision without any hard feeling.

kaya11

full member

Activity: 1344

Merit: 110

SOL.BIOKRIPT.COM

Traders are also gamblers so you did not get out of the hell where you have been before. Players are just kinda different and even worst. Add the trading problem with the problem, so much pain in the ass when your transactions keep hanging and you wait for couple of hours to get it through. In short your journey never ended, it was just continued from a different kind of view.

romero121

legendary

Activity: 3206

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Enterapp Pre-Sale Live

Quote from: Questat on March 19, 2019, 12:20:04 AM

Quote from: playboy654 on March 17, 2019, 02:10:12 PM

Trading is more difficult than Gambling .so once a person get out from gambling he could be very difficult to get into the training field because they work pressure is very low and comes to gambling but in trading it will be more higher than anything.

It's more difficult but the chance of being profitable is high compared to gambling.
In trading you can be consistent but in gambling it's hard as most games a gamblers would play is just purely based on luck.
Trading is never easy but we have seen a lot of successful traders here who have already change their lives for the better, so pick what you want for your life.

Chance of profiting is high, and I don't think it to be more difficult. From my understanding one who has got the dedicated mind to analyze the market as well have a close observation will easily make a big earning out of trading. Gambling and trading is almost same, in both the cases we risk to earn big. With gambling at times we cannot minimize loss, while with trading we've got that access through holding long until some bull market trend begins.

Questat

hero member

Activity: 2954

Merit: 605

Quote from: playboy654 on March 17, 2019, 02:10:12 PM

Trading is more difficult than Gambling .so once a person get out from gambling he could be very difficult to get into the training field because they work pressure is very low and comes to gambling but in trading it will be more higher than anything.

It's more difficult but the chance of being profitable is high compared to gambling.
In trading you can be consistent but in gambling it's hard as most games a gamblers would play is just purely based on luck.
Trading is never easy but we have seen a lot of successful traders here who have already change their lives for the better, so pick what you want for your life.

BigTeeths

full member

Activity: 504

Merit: 100

It's really important important to experiment in trading before you take it seriously. Maybe your gambling habit OP is what made you easily trade all your hard earned money then losing it all in the process. I started trading small and I did make a lot of gain but because it was easy when it was the best bull run ever and today is very hard so think again newbies if you want to venture trading.

GreatArkansas

legendary

Activity: 2338

Merit: 1354

Quote from: bitmover on October 31, 2018, 06:42:13 AM

Depending on how you trade it is still gambling.

You are like betting the price will move on the direction you bet.

Exactly. Trading is still gambling, you are risking your money in trading, but for me, trading is much safer than gambling because you can apply risk management in trading, and you can consider fundamental analysis and technical analysis in trading, while in gambling, pure luck for me, in some gambling game.

idham29

member

Activity: 315

Merit: 12

Quote from: Aivaryamal on March 17, 2019, 12:58:29 AM

Trading really allows you to make good money, but you need to distribute your capital very competently, otherwise you will have to wait for a long time to return to the entry point

This is a very different understanding where gambling is only based on instinct or fate, while trading is something that can be predicted using clear indicators.
Of course to be able to determine the price indicator will go down or rise based on experience and sufficient knowledge. Without it, it is clear that trade is speculative.

Bitcotalk

hero member

Activity: 966

Merit: 517

Quote from: xvids on March 12, 2019, 05:15:58 AM

Quote from: Noah14 on October 31, 2018, 06:17:55 AM

When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning

Same here but the only difference in our journey is I started to try it only with small amount,
I never put a huge amount in anything unless I am sure of my skill and I know the basics.

Money management in trading is very very important and one should really focus on this skill before putting in big money. Yes, normally people invest away little money first to develop some skills and later on increase the amount of the money in the investment is increased.

Right now, the market has a big gap for little money investment and this is the best time to do again the same thing but in big amount.

Hannahanto

full member

Activity: 826

Merit: 111

Quote from: Noah14 on October 31, 2018, 06:17:55 AM

When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning

Exactly and that's what i advice the new traders. When i started trading, i started with $100. Learnt how it works. Lost few dollars and again started with best coins and started earning little profits. Then i went with more investment. I stuck with few best coins and I do day trading and yes i do research if i go with a new coin to invest.

n0ne

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Activity: 2618

Merit: 548

SecureShift.io | Crypto-Exchange

Quote from: playboy654 on March 17, 2019, 02:10:12 PM

Trading is more difficult than Gambling .so once a person get out from gambling he could be very difficult to get into the training field because they work pressure is very low and comes to gambling but in trading it will be more higher than anything.

There is nothing as work pressure with trading, it is all about observation of the market and price prediction. When the market moves same as the prediction, it gets good earning. With gambling we predict the results prior and select the odds accordingly. Here strategies and luck plays a big role. In this way I feel both are almost same in difficulty level and upto the users thought.

playboy654

member

Activity: 546

Merit: 32

Trading is more difficult than Gambling .so once a person get out from gambling he could be very difficult to get into the training field because they work pressure is very low and comes to gambling but in trading it will be more higher than anything.

Topic: Journey from gambling to trading - page 4. (Read 2857 times)