So basically you can see that Bitcoin is not a lucky game. You can also give me reason why you think it's about luck.
I think op meant to say is that investing in the right time might be the one that involves a little bit of luck. Of course as an investor or a trader, you should have already studied and analyzes to the best of your capabilities but maybe there is a little luck involved because at the end of the day, no matter how much you study the market everything is just an assumption and the movement of the market is all unexpected. Of course this doesn't remove the fact that when buying/selling, 90% of the decision came from market analyzation.
Topic: The difference between gamblers and real Bitcoin investors? (Read 846 times)
So basically you can see that Bitcoin is not a lucky game. You can also give me reason why you think it's about luck.
I think op meant to say is that investing in the right time might be the one that involves a little bit of luck. Of course as an investor or a trader, you should have already studied and analyzes to the best of your capabilities but maybe there is a little luck involved because at the end of the day, no matter how much you study the market everything is just an assumption and the movement of the market is all unexpected. Of course this doesn't remove the fact that when buying/selling, 90% of the decision came from market analyzation.
Being full time gambler and an investor and to be specific being a Bitcoin investor are totally different. But let's take it with their similarities and first it's with taking risk. The advantage of being an investor is you do other things that you prioritize like going to work and then just leave your Bitcoin investment on your wallet without anything to do. And as you work, it's also working for itself because it is highly volatile. Whilst for the gamblers, you're going to be pressured by yourself because you have to win with your bets regardless of games you play.
So basically you can see that Bitcoin is not a lucky game. You can also give me reason why you think it's about luck.
I think op meant to say is that investing in the right time might be the one that involves a little bit of luck. Of course as an investor or a trader, you should have already studied and analyzes to the best of your capabilities but maybe there is a little luck involved because at the end of the day, no matter how much you study the market everything is just an assumption and the movement of the market is all unexpected. Of course this doesn't remove the fact that when buying/selling, 90% of the decision came from market analyzation. 
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Investors make decisions based on analysis, not on luck.
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Investors make decisions based on analysis, not on luck.
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Although luck is also involved big time in the activities of Bitcoin investors, still analysis makes sense there. While applying analysis to purely luck-based games is insanity, and it may lead to huge losses. I really admire Bitcoin investors who can invest in the right time and get good profits, but I myself is not one of them. To me, investing in Bitcoin is almost like gambling. I never know when the right time is.
1. Bitcoin has performed for over 15 years plus and it has not failed or dropped upto 98% unlike the shitcoins you know.
2. Bitcoin is not a pump and dump scheme as you may think if it!
3. In Bitcoin you invest with awareness that even if Bitcoin drops it will still perform well in the future.
4. In Bitcoin you take calculated risk, long term investment is the goal not short term.
So basically you can see that Bitcoin is not a lucky game. You can also give me reason why you think it's about luck.
I agree with your reasons and I never said that investing in Bitcoin is totally about luck. I said for me it's almost like gambling. And that is so because lacking the proper knowledge I never know when it is the right time to invest. I said I admire those people who know. It is a fact that there are a lot of people who can apply proper analysis and make good profits from their investment in Bitcoin, but I'm unfortunately not one of them.
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Investors make decisions based on analysis, not on luck.
~
Investors make decisions based on analysis, not on luck.
~
Although luck is also involved big time in the activities of Bitcoin investors, still analysis makes sense there. While applying analysis to purely luck-based games is insanity, and it may lead to huge losses. I really admire Bitcoin investors who can invest in the right time and get good profits, but I myself is not one of them. To me, investing in Bitcoin is almost like gambling. I never know when the right time is.
1. Bitcoin has performed for over 15 years plus and it has not failed or dropped upto 98% unlike the shitcoins you know.
2. Bitcoin is not a pump and dump scheme as you may think if it!
3. In Bitcoin you invest with awareness that even if Bitcoin drops it will still perform well in the future.
4. In Bitcoin you take calculated risk, long term investment is the goal not short term.
So basically you can see that Bitcoin is not a lucky game. You can also give me reason why you think it's about luck.
~
Investors make decisions based on analysis, not on luck.
~
Investors make decisions based on analysis, not on luck.
~
Although luck is also involved big time in the activities of Bitcoin investors, still analysis makes sense there. While applying analysis to purely luck-based games is insanity, and it may lead to huge losses. I really admire Bitcoin investors who can invest in the right time and get good profits, but I myself is not one of them. To me, investing in Bitcoin is almost like gambling. I never know when the right time is.
Of course, the differences are very clear, I think usually an investor knows how he uses his wealth to continue to produce coffers, his profits are a process that is not short and requires a very long time to get optimal results. If we see the market is going down, it would be better if we don't withdraw it, this will cause you to experience losses in your investment. Gambling cannot be expected to get constant profits, on the contrary, if we continue playing, the potential for losing everything is very large.
What you say is very true, investors will of course be able to use the wealth they have on things that can generate profits for them and they will always analyze first before deciding on something because they don't want the money they have to be wasted on things that are not. can be profitable for them and after they analyze it, they choose whether to continue or not.In gambling, of course, they only hope for luck from the bets they place and we cannot really analyze this well and in gambling, most people experience losses compared to the wins they get, as you said, it is true that it is very difficult to get a good win. continuous from gambling.
I think there is definitely a difference between a gambler and a bitcoin investor and the difference is big. A good bitcoin investor is constantly raking in the money whereas a gambler is wasting his money by gambling if he is too excited to make money. When a gambler invests money on the casino board, if luck does not favor him, he will lose the money completely. On the other hand, if a Bitcoin investor invests and monitors the market, if he sees that the market is going down, he can withdraw and hold the money according to his decision. I will always be on the investor's side, I will never condone gambling. You have to indulge in things where you can expect to get something.
Of course, the differences are very clear, I think usually an investor knows how he uses his wealth to continue to produce coffers, his profits are a process that is not short and requires a very long time to get optimal results. If we see the market is going down, it would be better if we don't withdraw it, this will cause you to experience losses in your investment. Gambling cannot be expected to get constant profits, on the contrary, if we continue playing, the potential for losing everything is very large. 
There may be many differences between a Bitcoin investor and a gambler but I will point out one similarity between a Bitcoin investor and a gambler is that both gamblers and investors are in risky business. An investor can easily refrain from investing if he wants and can invest in the market as per his will but a gambler cannot easily refrain from gambling.
There is definitely a difference between a Bitcoin investor and a gambler. A gambler can lose all his money anytime he gambles but a bitcoin investor never loses his whole money. Because we all know that Bitcoin is volatile, even if the price of Bitcoin goes down, it rises again quickly which we constantly see in the cryptocurrency market.But why do many people still lose money when investing in bitcoin and even lose it all? When you take profit or someone takes profit, it means someone will buy your high priced bitcoin, and when you win, someone must lose. That's how financial markets work and investing in bitcoin is no exception , so I won't agree with you that no one will lose money investing in bitcoin. Whether or not investing in bitcoin is profitable depends on the mindset of each investor, not bitcoin. In my opinion, the line between gambling and investing is knowledge, if you invest without knowledge then you are just gambling.
The similarity you find between Bitcoin investors and gamblers is that both involve risk. Yes, that's right. But I think gambling involves more risk than investing in Bitcoin. Have you ever seen someone who lost their entire money investing in Bitcoin, but there are many cases where they lost their entire money due to gambling addiction and even sold their house. Investing in Bitcoin for a long period of time can expect profit from it but can never expect profit from gambling as it depends entirely on luck.
Basically, risk always exists around us because no one can predict what will happen to us, not only in investing and gambling are there risks. And to be able to control or avoid risk requires knowledge, knowledge is still the line that makes the difference between investing and gambling, IMO.
There may be many differences between a Bitcoin investor and a gambler but I will point out one similarity between a Bitcoin investor and a gambler is that both gamblers and investors are in risky business. An investor can easily refrain from investing if he wants and can invest in the market as per his will but a gambler cannot easily refrain from gambling.
There is definitely a difference between a Bitcoin investor and a gambler. A gambler can lose all his money anytime he gambles but a bitcoin investor never loses his whole money. Because we all know that Bitcoin is volatile, even if the price of Bitcoin goes down, it rises again quickly which we constantly see in the cryptocurrency market.The similarity you find between Bitcoin investors and gamblers is that both involve risk. Yes, that's right. But I think gambling involves more risk than investing in Bitcoin. Have you ever seen someone who lost their entire money investing in Bitcoin, but there are many cases where they lost their entire money due to gambling addiction and even sold their house. Investing in Bitcoin for a long period of time can expect profit from it but can never expect profit from gambling as it depends entirely on luck.
I think there is definitely a difference between a gambler and a bitcoin investor and the difference is big. A good bitcoin investor is constantly raking in the money whereas a gambler is wasting his money by gambling if he is too excited to make money. When a gambler invests money on the casino board, if luck does not favor him, he will lose the money completely. On the other hand, if a Bitcoin investor invests and monitors the market, if he sees that the market is going down, he can withdraw and hold the money according to his decision. I will always be on the investor's side, I will never condone gambling. You have to indulge in things where you can expect to get something.
For me, trading or long-term investing are both ways for us to profit from this market and the choice depends on each person's preferences. Each method has its own advantages and disadvantages, nothing is perfect.
I'm not currently an active gambler, but I do play for some fun. So from this condition I understand that gambling patterns tend to do a lot of confident guessing and rely on luck. So it's very different from investing. People who invest tend to think through the management of technical and fundamental analysis. They will analyze based on future forecasts and technical history that has similar patterns. This condition does not exist in people who gamble.
What I am talking about is day trading and long term holding, I am not referring to gambling at all. I'm even confused when so many people compare gambling and investing, they are two completely different fields. Like my younger brother, he absolutely hates gambling, he has never gambled online or offline but he is a pretty good forex and cryptocurrency investor.
Comparing bitcoin investment with gambling is like we are undervaluing bitcoin because investing in it will bring great benefits to us, unlike gambling. Furthermore, why don't we compare gambling with investments and stocks, gold and real estate? Why are there hundreds of threads comparing gambling and investing in bitcoin? I really disagree with this and I think these people look down on investing in bitcoin.
You're right gambling is never to be compared with bitcoin investment gambling itself is just something you can win if luck is on your side, because in gambling you can't really predict what the outcome will be but for bitcoin investment if you can be able to hodl for long term investment is rest assured that you're going to get profited from bitcoin investment. however this can only happen when you have the knowledge about how bitcoin investment works, but for gambling there's nothing like knowledge gambling is just all about luck, so we shouldn't be comparing gamble and bitcoin investment because the difference is very clear.
For me, trading or long-term investing are both ways for us to profit from this market and the choice depends on each person's preferences. Each method has its own advantages and disadvantages, nothing is perfect.
I'm not currently an active gambler, but I do play for some fun. So from this condition I understand that gambling patterns tend to do a lot of confident guessing and rely on luck. So it's very different from investing. People who invest tend to think through the management of technical and fundamental analysis. They will analyze based on future forecasts and technical history that has similar patterns. This condition does not exist in people who gamble.
What I am talking about is day trading and long term holding, I am not referring to gambling at all. I'm even confused when so many people compare gambling and investing, they are two completely different fields. Like my younger brother, he absolutely hates gambling, he has never gambled online or offline but he is a pretty good forex and cryptocurrency investor.
Comparing bitcoin investment with gambling is like we are undervaluing bitcoin because investing in it will bring great benefits to us, unlike gambling. Furthermore, why don't we compare gambling with investments and stocks, gold and real estate? Why are there hundreds of threads comparing gambling and investing in bitcoin? I really disagree with this and I think these people look down on investing in bitcoin.
Gamblers are those who stake in casinos, risk money were some play for fun or for money. Bitcoin investors are those who invest in Bitcoin for the purpose of making money off it through a solid portfolio with a long term view. If I get your point OP, you using the word "Real" and "Gambling", I guess you were asking about those who gamble Bitcoin price; I see such people as those that seek short term profit without any plan.
For me, trading or long-term investing are both ways for us to profit from this market and the choice depends on each person's preferences. Each method has its own advantages and disadvantages, nothing is perfect.
I'm not currently an active gambler, but I do play for some fun. So from this condition I understand that gambling patterns tend to do a lot of confident guessing and rely on luck. So it's very different from investing. People who invest tend to think through the management of technical and fundamental analysis. They will analyze based on future forecasts and technical history that has similar patterns. This condition does not exist in people who gamble.
Gamblers didn't trust the assets, while investors trust what they pick.
It's why gamblers like to buy and sell the assets in short time, then convert it to fiat.
I believe that's your own opinion on this because I feel the sense to believe that most people are of short term trading than holding up their assets for hold and that's because of the fact that most human beings today are off the nature of the inability to wait or persevere. Long term isn't all that easy like pie the way some persons put because it requires some level of discipline and patience knowing fully well that your whole load of assets is somewhere and you are of the inability to assess it till a specific speculated time.It's why gamblers like to buy and sell the assets in short time, then convert it to fiat.
Real investors don't think about luck, they work hard to reach their goal and spend money thinking that they surely get something in return. But gamblers, rely on luck and whatever they do, it won't change their position. Unlike investors, if they will work hard, and find good strategies and patience, they will take the rewards they deserve.
Investors aren't working hard, they already know the assets they want to invest and they will sell in the future, unlike trading where they need to work and read the chart before make a decision. This is actually the reason why people choose become investors, because it doesn't make them to check and think about their wealth for short time interval.And what you say is not necessarily completely correct, I can say that it depends on the person. As I see on our forum, holders are the majority while traders are the minority. Most of the people here are aware of the risks in trading, they are holders and that is why if you are involved in a discussion on the topic of choosing between trading or investing. You will see people always giving advice to only hold for the long term, and limit or stay away from trading.
I agree that long term holding is not as easy as many people are saying but it is clearly easier to profit from it than trading. Making money has never been easier from outside work or in the financial markets.
For me, trading or long-term investing are both ways for us to profit from this market and the choice depends on each person's preferences. Each method has its own advantages and disadvantages, nothing is perfect.
As I said, I see on our forums that the majority of people prefer to hold long term rather than trade but that doesn't mean the rest of the market also prefers to hold. Because if we check the daily trading volume of the market as well as every time the market fluctuates, the amount of money liquidated is huge. That shows that many people are also choosing to day trade. Holding or trading, it doesn't matter which one we choose, as long as we make profit then it is the best choice.
Bitcoin is a passive income where you buy and hold for a long term and is good to have another source of income where your daily breads come from. Because, base on Bitcoin investment as a person depending on Bitcoin as a means of surviving keep making the person leaving under pressure of gambling and it see as game of win or lose as simple call a daily traders are passing through.
Apart from holding for the long term, people can also make profits in the short term as daily traders do. But if you want to get maximum benefits, long-term steps are recommended to be implemented.
Don't think that investing depends on luck because that will make things more complicated and behind investing by relying on luck are ordinary people who don't understand the process of the investment journey they are undertaking.
Taking action must be based on the ability to complete and investments must be made based on knowledge, not expected luck like betting in gambling.
The pattern remains different because gambling is considered gambling and investment requires knowledge to carry it out.
Bitcoin is a passive income where you buy and hold for a long term and is good to have another source of income where your daily breads come from. Because, base on Bitcoin investment as a person depending on Bitcoin as a means of surviving keep making the person leaving under pressure of gambling and it see as game of win or lose as simple call a daily traders are passing through.
I think that's a good point that there is a big difference of knowledge between them as you all know that in crypto we need to learn many steps and techniques to study the behaviour of different project and their graphs and to analyse our investments.
While in gambling you just blindly trust your fortune and you play a bet on something. In gambling you don't know what the output will be but in trading if you're skillfull enough you'll be close to the output.
I think participating in crypto related activities can turn into gambling when you don’t have enough knowledge. I think that’s just the line that separates the two. If you don’t study the risks enough and you just jump on the situation without proper understanding then you are just hoping for some luck there.While in gambling you just blindly trust your fortune and you play a bet on something. In gambling you don't know what the output will be but in trading if you're skillfull enough you'll be close to the output.
The line between gambling and investing is really thin, not only with cryptocurrency but with any investment if we don't have knowledge about it but invest blindly and wait for lucky no different from gambling. That's why I don't like to give investment advice to anyone and instead if someone asks me about bitcoin, I usually just give them the basics of bitcoin and I want them to do their research everything before discussing investment with them.
There are many people who give investment advice and rush to force others to invest in bitcoin while those people are even very vague about bitcoin. That makes me feel like we're just teaching them to gamble and not actually invest.
Bitcoin is a very risky investment, so don't rush to invest if you still don't understand it, and it's never too late to invest in bitcoin, don't think there won't be enough bitcoin for us so don't invest without knowledge. Knowledge is something that needs to be prioritized above all else when we talk about investing.
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