Trader or Gamblers. - page 26. | Bitcointalksearch.org

boris singer

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Quote from: robotrobert on April 24, 2018, 12:44:58 AM

Quote from: Tomik21 on April 21, 2018, 02:42:29 AM

A trader can not be gambling. But he must really want to make a lot of money. These are mandatory conditions.

Gambling is all and all an entirely different thing and that there is nothing as such common in between gambling and that of trading. Trading is something which demands you to have lot of skillset and that you need to have a rich amount of knowledge as well before even getting into the world of the trading so that you may be able to make the right decisions and that you need to do well so that you can make money.

gambling more demands us to think fast in the short term, this is not always good because our thoughts and emotions are not always stable, very different from trading because the volume is not only determined by home and some people alone, it makes healthier trades do every day through many the choices they offer in the form of charts and indicators.

tungaqhd

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Quote from: Robert543 on April 17, 2018, 02:29:27 AM

In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.

I prefer trading than gambling because if you have good knowledge of market, you will have more chance to win than a good strange.

robotrobert

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Quote from: Tomik21 on April 21, 2018, 02:42:29 AM

A trader can not be gambling. But he must really want to make a lot of money. These are mandatory conditions.

Gambling is all and all an entirely different thing and that there is nothing as such common in between gambling and that of trading. Trading is something which demands you to have lot of skillset and that you need to have a rich amount of knowledge as well before even getting into the world of the trading so that you may be able to make the right decisions and that you need to do well so that you can make money.

OrangeSeller

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Quote from: BeGoods on April 21, 2018, 09:08:06 PM

Quote from: berfanaf on April 21, 2018, 05:52:12 AM

Quote from: RileyRiley94 on April 18, 2018, 02:20:26 AM

Quote from: Robert543 on April 17, 2018, 02:29:27 AM

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.

very practical

You are absolutely right. I agree with you. Trading is also like gambling. You can make some money and can lose your investment. But trading is far better than gambling because gambler always loses due to greed for winning more and more money while trader will not lose his money if he keenly observe the market. I want to become trader instead of gambler.

Actually both can provide great benefits, the difference is trading will give you a big profit if you have market knowledge and skillful analytical. while in gambling you don't need anything like skill or intelligence. but people prefer trading because the risk is smaller because it does not depend only on luck

The big difference here. These are two different fields on the basis of skill I must say. Trading is all based on skills and there is nothing like luck here.

Although it does matters but very low so considered as negligible. All is to maintain your mind and skill up your investment so that bigger profits can be made even in hard times. But gambling is just a game of luck, if you are lucky things are you else’s just get ruined.

naidray

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Quote from: Robert543 on April 17, 2018, 02:29:27 AM

In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.

It is even obvious most of the people trading today are gamblers and not traders. Ask some, the only strategy they have is to buy when it is red and sell when it is green and no way for them to even know if they are buying in the right spot or selling in the right spot and how to use these decisions to their own advantage. All the above, it seems people will always tend to be the 'I want to get rich quickly' set of individuals and that mentality will always make them to make mistakes with their funds.

mrproblem

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First you need target otherwise you will be a gambler.
Second you need also target again for losses otherwise again you will be a gambler

Quraline

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In coin trading, your enemy is not you, but an exchange that eats up your Deposit while you are a naive hamster.

Reid

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Quote from: Robert543 on April 17, 2018, 02:29:27 AM

In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.

That is how we react as human. Money have been the important part of one human's lifestyle so indeed you are fighting with yourself only.
Decision making. Everytime there is a fall we want to expect more or maybe wait. Could be a wrong decision or sometimes not.
I have already have both up and down decision which both are also wrong. Now, what is next after that? Can you still get up?
With gambling it is easy to double the bet, but with trade it is harder. You are going to make another big capital for it.

Kambal2000

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Quote from: taxmanmt5 on April 23, 2018, 10:43:22 AM

Quote from: Bitcoin_trader2016 on April 23, 2018, 09:38:01 AM

I do choose trading because the risk is low than gambling. There are some people want to earn money fast and easy so they will use casino and some site that they can play and gambling there money hoping to win but they always lose there money in gambling. I dont play gambling so i will stick to trade only.

Well trading and gambling are totally different things. Apart from the fact that you can earn fast and lose fast in gambling, but the major concern is that not everyone can do trading as it requires skills. Whereas gambling can be done by anyone as there is no complexity involve in it.

I don't agree that you can earn fast in trading and lose fast in gambling, it really depends on how much time we devote time in gaining knowledge, both of them requires time to know strategy, but, we should prefer trading as in gambling the only strategy we could have is to have a self confidence.

taxmanmt5

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Quote from: Bitcoin_trader2016 on April 23, 2018, 09:38:01 AM

I do choose trading because the risk is low than gambling. There are some people want to earn money fast and easy so they will use casino and some site that they can play and gambling there money hoping to win but they always lose there money in gambling. I dont play gambling so i will stick to trade only.

Well trading and gambling are totally different things. Apart from the fact that you can earn fast and lose fast in gambling, but the major concern is that not everyone can do trading as it requires skills. Whereas gambling can be done by anyone as there is no complexity involve in it.

knightmairesaint

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Quote from: Bitcoin_trader2016 on April 23, 2018, 09:38:01 AM

I do choose trading because the risk is low than gambling. There are some people want to earn money fast and easy so they will use casino and some site that they can play and gambling there money hoping to win but they always lose there money in gambling. I dont play gambling so i will stick to trade only.

Aside from that, trading gives the most reliable source of money than gambling. I play gambling but not always because I am afraid that if I enjoy too much on playing, the replacement will likely be my money. Its hard to see your hard work going to waste so I make sure that I follow the limit that I set for myself. It is not easy to earn money especially with the growing and increasing needs of our family. Sometimes, as much as I like to save money for the future, someone from our family will need money.

I earn a lot doing trading but of course, money will be for expenses and not just for savings.

Ranly123

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Quote from: Robert543 on April 17, 2018, 02:29:27 AM

In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.

It's always a gamble on your resources when you start to join cryptocurrency and trading is one of the main aspect why I call investing in it is a gamble. You put you money at stakes on a volatile investment meaning you take a gamble on your money just to have a chance of getting a much bigger return.

Bitcoin_trader2016

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BITCOIN TRADER 2016

I do choose trading because the risk is low than gambling. There are some people want to earn money fast and easy so they will use casino and some site that they can play and gambling there money hoping to win but they always lose there money in gambling. I dont play gambling so i will stick to trade only.

sumanto

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Quote from: Robert543 on April 17, 2018, 02:29:27 AM

In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.

I prefer to trade than gambling because trading and being an asset trader you have is not too fast to lose and can even hold your assets until the price goes back up, while your asset gambling will quickly disappear if lost.

markdario112616

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Both do share some similarities, especially, in risk and decision making. What differs them is the outcome of the actions, We all know that as a trader all actions should corresponds in a certain situations. A trader will normally strategize every thing to avoid making the same mistake, however, A gambler thinks oppositely, a gamblers mind most of the time, go all in without even thinking what could be the result of it. A gambler is prone to addiction (Though, as trader there could be a little chance) and most of the time will chase for their loss as for trader they wait patiently.

Bendz

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Quote from: Robert543 on April 17, 2018, 02:29:27 AM

In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.

I prefer to trade, because gambling is not a good thing to make a profit. another reason I do not really like gambling, because in religion I forbid it, and I always try to obey it.

bhabygrim

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It is true it is your choice everything in trading is your choice.
It is better to trade than to gamble but trading without studying or knowing what you are doing is also consider as gambling.

JosephJole

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I totally agree with you. The things you say are true. And you are the greatest enemy of yourself

SusanChan

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Quote from: Robert543 on April 17, 2018, 02:29:27 AM

In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.

Good article! Thannks. I am a true trader

natsu01

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It is good to be a trader than a gambler. We all people knows that gambling is illegal in any part of the world and you can be imprison if you caught doing this kind of activity unlike trading that is really legal, supported by the government and you are the one who can decide what moves or predictions will you follow.

Topic: Trader or Gamblers. - page 26. (Read 2431 times)