Trading becomes similar to gambling when you don't know what you're doing with trading. Knowing the right coins to invest too is one of the most important things when it comes to trading. And the two things have different risks that must be though about before taking it.
unfortunately many traders start their trades without any knowledges so as if its like a gambling.they put money into high risk market without any skills and knowledge in trading, so that's easy for them to suffered loss while market crashing.knowledge be mandatory for us if we want to get return in our investment. 
Topic: trade makes me poor - page 10. (Read 3480 times)
Trading becomes similar to gambling when you don't know what you're doing with trading. Knowing the right coins to invest too is one of the most important things when it comes to trading. And the two things have different risks that must be though about before taking it.
Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.
It is not gambling but still, I would like to recommend you to invest as much as you can afford to lose. If you have lost 1000$ in only 2hours then you have invested a lot of money which is not at all recommended for a newbie.
The trader must have a clear goal. Know when to stop, do not be too hungry for profit or still think it will return, I am amateur so only trading and eating 5-10%, when you become a professional have bigger goals
Yes its a type of gambling. If you dont have experience on Day trading at least 1-2 years , Do not invest money. Invest on Fixed deposit or certificate of deposit instead. its risk free and stable return.
Trading and gambling were the best earning access available for the cryptocurrency users. Both were highly risk involved medium of earning. Even a small earning will cause a big loss. Trading is much risky, because a small value drop could lead to massive loss if the trading volume is big. It is always good to invest little by little which is the best way to lower the loss.
Me too loss a lot on trading, I thought it is easy but it is like gambling that when you enter a wrong price then you will lose all the money that you enter.
Have you purchased there? How does S17 work?
I got my rigs there, on globemining. I was glad to receive a big box and was delighted with the safety package. It was awesomeHave you purchased there? How does S17 work?
I got my rigs there, on globemining. I was glad to receive a big box and was delighted with the safety package. It was awesomeHave you purchased there? How does S17 work?
I got my rigs there, on globemining. I was glad to receive a big box and was delighted with the safety package. It was awesome
Have you purchased there? How does S17 work?
Where can I take a closer look to this?
Here, on globemining com. They hav e a big list of rigs with all charactersitics and notes. Here is the direct link: https://globemining.com
Am sorry about your loss, I have the same experience in trading and it makes it difficult for me to think about trading. I see trading generally as something really difficult to be in and I admire anyone who makes money through trading
Where can I take a closer look to this?
But trading depends the outside cash? Mining is all about equipment nowadays?
Yes, there are many crazy rigs like Z11, S17 pro, DR5 or T17 but I prefer middle class S17 antiminer if you ask my preferences
But trading depends the outside cash? Mining is all about equipment nowadays?
Trading is a real gambling. Far better and safe is to to mine bitcoin or etherium. This is a safe option because you earn small amounts and tdo not loose every time market falls. Moreover it is more like a passive income so you may relax
Yeah, that's true. But I combine mining and trading. Anyway, combining you earn significantly more. I started mining in 2018 Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.
You're right my friend, only 5% of people can earn money on trading, rest 95% are just losing them because of poor experience and no strategy. For most people, holding strategy is better, because to start gain money on trading, you got to lose a couple of deposits:)yes holding is the best strategy and also safe unless you hold a coin potentially not with a dead coin. trading is also one of the best ways to get profits quickly and vice versa, but if someone has never traded and only relies on long-term investments someone will never know what trade is.
Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.
You're right my friend, only 5% of people can earn money on trading, rest 95% are just losing them because of poor experience and no strategy. For most people, holding strategy is better, because to start gain money on trading, you got to lose a couple of deposits:)yes holding is the best strategy and also safe unless you hold a coin potentially not with a dead coin. trading is also one of the best ways to get profits quickly and vice versa, but if someone has never traded and only relies on long-term investments someone will never know what trade is.
Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.
This basically shows that you don't really understand and know the risks associated with cryptocurrency trading. You joined the trading ecosystem with no strategic or plan to help you minimize the risk at which you might lose your invested capital. Please next time when joining the trading ecosystem, you should first draw out a strategic plan and try to understand some principle of crypto trading..
Jump to: