Topic: The difference between gamblers and real Bitcoin investors? - page 4. (Read 846 times)

Invested money requires you to be patient so it would help if your income does not only come from your investment. It would help your attention to be diverted and lets you leave the bitcoin alone. It would be better if we found more productive ways to earn more money and it does not necessarily have to be outside bitcoin field.

There are multiple ways to actively earn from cryptocurrencies. Not just through investing so this just shows how vast the cryptocurrency is becoming nowadays

If you ask me, what is the hardest job? Then perhaps my answer will be the investment profession. It is a truly unique and harsh profession compared to other professions. Especially with Bitcoin and a volatile market like cryptocurrency.

You will see that every area of ​​life (sports, education, business, music, academics...) is a competition for rankings. But investing is completely different, it's not about how much money you make compared to those around you, it's a very unique profession, when what you fight for and win is not with others who join the market that is yourself. Win over yourself.

Invested money requires you to be patient so it would help if your income does not only come from your investment. It would help your attention to be diverted and lets you leave the bitcoin alone. It would be better if we found more productive ways to earn more money and it does not necessarily have to be outside bitcoin field.

There are multiple ways to actively earn from cryptocurrencies. Not just through investing so this just shows how vast the cryptocurrency is becoming nowadays

There's a big difference between a gambler and a Bitcoin investor; in gambling, there's so much risk involved.

Gamblers rely on luck and chance, and their approach and mindset are different from those of a Bitcoin investor.
When playing bets, they go for short-term gain but very high risk, while Bitcoin investors engage in
cryptocurrency with a long-term perspective and exercise much patience.

Bitcoin investors analyze trends, the potential growth of Bitcoin, and technology.

Investors make decisions based on analysis, not on luck. 
Also, there are more risk factors or disadvantages to gambling, such as gambling addiction, debt, and losing money frequently due to the unpredictable nature of gambling and its effects on mental health, relationships, and overall well-being.

Meanwhile, he can use his time to do more useful things. He can also look for other jobs that will give him more money. With the money he earns, he can increase his capital to buy Bitcoin as an investment.

It's not easy but as said, if people can learn and apply good strategies, control themselves well, investment will become easy and will help them to get passive income, richer and have a more prosperous financial life.

This is where the whole “cryptocurrencies are scams” ordeal came from.

People invest their money into crypto thinking it would give them easy profit. They think they don’t have to exert effort into it. Holding is just basically waiting but it is still accompanied by great knowledge and cautious planning.

The sooner people realize that investing in crypto isn’t all rainbows then they can properly learn about the risks and possible consequences and try their best to avoid making those mistakes

Investing is not the most difficult job but also not the easiest, if investing was easy, not many people would lose money and you have also seen many people who do not want to invest because it is too risky than you think. The financial market is considered an extremely fierce battlefield, the winners are small and the losers are the majority, so it cannot be said that investing is easy.

When you have knowledge and experience, it only helps you increase your chances of winning, but does not guarantee that if you have those factors, you will definitely win.

In general, making money is never easy whether it's investing or any job, and that's why the rich in the world only have a very difficult rate while the rest of the world still met alive in poverty.

Nope I disagree with you about the idea that investment is the hardest job, not as a profession as strategy. It is the easiest job if you have knowledge about it. It just needs nothing but HODL! 
 
Anyway investment is easy when you have a proper awareness of things like knowledge, strategies, and experience as well as funds. So if you don't have it, I think you are right here that investment is the hardest job. Because if you don't have proper knowledge, then investment can be a gamble for you. Investment in Bitcoin is a complete department in which you should have need  to learn a full fil knowledge/awareness of market sentiment, if not then volatility can look like betting or gambling.

If you ask me, what is the hardest job? Then perhaps my answer will be the investment profession. It is a truly unique and harsh profession compared to other professions. Especially with Bitcoin and a volatile market like cryptocurrency.

You will see that every area of ​​life (sports, education, business, music, academics...) is a competition for rankings. But investing is completely different, it's not about how much money you make compared to those around you, it's a very unique profession, when what you fight for and win is not with others who join the market that is yourself. Win over yourself.

The challenge for Bitccion investors is not to try to find the best information the market has to offer, but to prevent themselves from being their own worst enemy - to prevent themselves from “restless”- buy and sell continuously

Restless busy has probably become an ingrained instinct in everyone's mind. A normal working person is too used to working 8 hours a day, their mind will always urge them to work. When you wake up and go to the company, you have to work. If you don't work with your hands, you work with your mind. You're always in a state of thinking or acting and you have to do this or that to make money. This makes them think that when they join the market, they You also have to work hard and hard to make money from the market. 
As I said, investing is a profession that is extremely different from other professions, especially with Bitcoin and the cryptocurrency market. The way legends make money is not mainly from buying and reselling transactions, but from "waiting".

Restless and waiting are two opposite things, and are also what help us distinguish between a true Bitcoin investor and a gambler.

Nope I disagree with you about the idea that investment is the hardest job, not as a profession as strategy. It is the easiest job if you have knowledge about it. It just needs nothing but HODL!
 
Anyway investment is easy when you have a proper awareness of things like knowledge, strategies, and experience as well as funds. So if you don't have it, I think you are right here that investment is the hardest job. Because if you don't have proper knowledge, then investment can be a gamble for you. Investment in Bitcoin is a complete department in which you should have need  to learn a full fil knowledge/awareness of market sentiment, if not then volatility can look like betting or gambling.

If you ask me, what is the hardest job? Then perhaps my answer will be the investment profession. It is a truly unique and harsh profession compared to other professions. Especially with Bitcoin and a volatile market like cryptocurrency.