Pages:
Author

Topic: What is the best way to quit gambling and start trading?? - page 3. (Read 2829 times)

sr. member
Activity: 1512
Merit: 316
The reason for someone to leave gambling and go to trading is that while you are in gambling you are being tempted by evil to bet more money because of the profit that you can get while doing gamble, while in trading you must understand the market in order to profit with much understanding give you more chances to profit.

The chances of you making money in first scenario is minimal because the house has the edge and not many games are in your control. While in second scenario chances of making money is more because it is you skill though which you can predict the market and take your decision which can help you make money.
sr. member
Activity: 756
Merit: 253
The best way for me is to stop completely and start trading but i don't think everyone has that mental fortitude and courage to control themselves and call it quits  at once and so i will suggest a personal reflection and if possible control of ones self before he attempt quitting gambling completely because if you are able to discipline and control yourself well enough then you should be fine to quit gambling and start something else like trading.
legendary
Activity: 1932
Merit: 1273
How are we supposed to answer this question? I mean the obvious answer is... stop gambling and start trading? What else do you really want us to say?!

I think its just he wants to quit gambling but couldn't quit the gambling because he is really into it, addicted to it and not able to get out of it . He needs an advice how to transfer from gambling to trading because he all knew that he end up lossing bit amount of btc.
He need to make his own decision, active would be nothing if he cannot implement his plan, he is asking for advise to stop gambling and start trading so that means gambling is a bad influence into his life but as long as the connection is not yet cut, there is a risk that even if you quit you might be able to gamble again. That connection might compromise your journey to start trading as it might give you full distraction which will lead to failure.
Its somewhat hard to try to stop to get addicted to gambling even if we have a didn't have a strong thought. Its need both of internal and external factor to be able to help people to quit for gambling.
Personally, find other activities to help quit gambling is not going to work because as soon as the people have some spare time, they still have a curiosity in gambling.
full member
Activity: 532
Merit: 101
The best way to quit gambling is you need to focus that what is right or the effect in ourselves. Just think that you must learn from mistakes. Because when you already addicted you lose all your money and your life become miserable. Then why did you start invest in trading so that you will earn profit, so that someday you have a better future and its better to stop or quit in gambling and you trade. Because in trading is there is the possibility that we earn good profit.  Just compare  both of them that what is the best quit gambling or the trading.
sr. member
Activity: 812
Merit: 251
gambling and trading is both risky but atleast in trading you can choose wisely you can have a research before you go or joined for a certain trading  and you can have it profitable while in gambling you can't have or do a research before you play it is always losing or winning.

You simply don't know what you are talking about. Gambling involves several games and depending on your game you can either have the chance to make inputs or throw your faith to luck. Dice and slots  for instance are pure  luck based gambling whereas poker and sports betting offers you the chance to make reasonable inputs based on research and statistical analysis.
hero member
Activity: 2926
Merit: 636
For campaign management look for Little Mouse!
How are we supposed to answer this question? I mean the obvious answer is... stop gambling and start trading? What else do you really want us to say?!

I think its just he wants to quit gambling but couldn't quit the gambling because he is really into it, addicted to it and not able to get out of it . He needs an advice how to transfer from gambling to trading because he all knew that he end up lossing bit amount of btc.
He need to make his own decision, active would be nothing if he cannot implement his plan, he is asking for advise to stop gambling and start trading so that means gambling is a bad influence into his life but as long as the connection is not yet cut, there is a risk that even if you quit you might be able to gamble again. That connection might compromise your journey to start trading as it might give you full distraction which will lead to failure.
newbie
Activity: 35
Merit: 0
Fulfill your freetime with other kind of actions will help you to forget about gambling. You could replace all the time for gambling for trading.
hero member
Activity: 798
Merit: 505
How are we supposed to answer this question? I mean the obvious answer is... stop gambling and start trading? What else do you really want us to say?!

I think its just he wants to quit gambling but couldn't quit the gambling because he is really into it, addicted to it and not able to get out of it . He needs an advice how to transfer from gambling to trading because he all knew that he end up lossing bit amount of btc.
full member
Activity: 448
Merit: 107
gambling and trading is both risky but atleast in trading you can choose wisely you can have a research before you go or joined for a certain trading  and you can have it profitable while in gambling you can't have or do a research before you play it is always losing or winning.
sr. member
Activity: 882
Merit: 269
As most of the gamblers think gambling is the easy way to multiply their money in short amount of time. But inside they all know that trading is the safest way to make profit but sometimes it takes some time. But still they all are gambling and making/loosing money.

So what's your reason to quit gambling and start trading?
I think many gamblers will not have reasons why they should quite gambling and start trading. Gambling seeing to risky for me so I don't tried it and I have been successful in trading because it seemed OK for me. Both trading and gambling are very risky venture and but trading is less risky as you can easily make some profits if you know how trading work and you have the skills and knowledge on when to buy and sell a particular coin. In gambling, you either make profits or loss money.
sr. member
Activity: 490
Merit: 255
How are we supposed to answer this question? I mean the obvious answer is... stop gambling and start trading? What else do you really want us to say?!
full member
Activity: 588
Merit: 100
As most of the gamblers think gambling is the easy way to multiply their money in short amount of time. But inside they all know that trading is the safest way to make profit but sometimes it takes some time. But still they all are gambling and making/loosing money.

So what's your reason to quit gambling and start trading?

For me the best way to quit gambling now  make busy with bitcoin. Because if keep yourself busy  you can stop gambling in your life. But the best thing to do is to decide to quit on gambling, you can't stop on gambling once you don't decide to leave.lts not easy to do it, but if you replace bitcoin to look for and start earning at bitcoin you are 100%off away to gambling.Never look back and give it up that you have to go forward and
full member
Activity: 2128
Merit: 180
The reason for someone to leave gambling and go to trading is that while you are in gambling you are being tempted by evil to bet more money because of the profit that you can get while doing gamble, while in trading you must understand the market in order to profit with much understanding give you more chances to profit.

The risk that is too large compared to the trading is the reason that makes the gambler switch to a trader. When gambling, the risks that exist will remain the same even though we understand exactly how to play it. While in trading, as you say, the more you understand the market the greater the opportunity for profit.

Gambling is very risky because you are just expecting for some luck personally I still prefer to trade and I think people ang shifting to be a trader from being a gambler because they are loosing big money and I think they realize that gambling is really for just a pleasure.
hero member
Activity: 574
Merit: 503
The reason for someone to leave gambling and go to trading is that while you are in gambling you are being tempted by evil to bet more money because of the profit that you can get while doing gamble, while in trading you must understand the market in order to profit with much understanding give you more chances to profit.

The risk that is too large compared to the trading is the reason that makes the gambler switch to a trader. When gambling, the risks that exist will remain the same even though we understand exactly how to play it. While in trading, as you say, the more you understand the market the greater the opportunity for profit.
hero member
Activity: 1680
Merit: 655
Main reason for quitting gamblimg would be cash. A limitation in your fund will obviously make you stop from gambling (but others still find a way to do so). My reason is pretty similar to this one as I would rather lose risking the majority of my money in trading rather than gamblimg. As In trading I have a solution to cut my losses or average it down in order to come back in recover in gambling its either you win or lose their is no alternative to that.
full member
Activity: 168
Merit: 100
The reason for someone to leave gambling and go to trading is that while you are in gambling you are being tempted by evil to bet more money because of the profit that you can get while doing gamble, while in trading you must understand the market in order to profit with much understanding give you more chances to profit.
legendary
Activity: 1526
Merit: 1001
As most of the gamblers think gambling is the easy way to multiply their money in short amount of time. But inside they all know that trading is the safest way to make profit but sometimes it takes some time. But still they all are gambling and making/loosing money.

So what's your reason to quit gambling and start trading?
Playing gambling is a risky thing because if we can not control it then we can experience severe addiction. Even whatever way we do will not mean anything. I see this as a mistake because we should be able to think more carefully now choosing gambling as a way of earning income. If compared trading certainly has a smaller risk, when trading we could have a loss, but we will not lose all our money like greeting gambling game. The only best step in my opinion is to leave all forms of gambling games, turn off Internet access some time and go spend the holidays with family we love, maybe it's more social but I am sure with a good mental approach with our loved ones then gradually we can see that if we play gambling then we can ruin our family life. That is the mindset we must apply, an addict must get a strong mental and psychological touch.
hero member
Activity: 2366
Merit: 605
It is likely be better starting trading and leaving as trader. But remember, trading is not easy. we need an analysis how to be trader (Good choose coins + have a big change to change the world.)
Absolutly right! For people who think that trading is an easy domain to earn money, This is wrong, It's right that is not too risky like gambling, but if you want to increase your chance to make profit in trading, you should learn and gain some knowledge about atlcoins, then you can predict well, and you will earn a lot of money.

Trading isn't an easy domain to venture especially after frustrations in gambling and so i will advice against quitting gambling to start trading but rather you can quit gambling and start something else that wouldn't be able to drain your pocket like gambling.
Right. I have seen so many people in this situation before but the only difference is that if they have been able to have that self-control for a while, unless they are just the types that are just so careless about everything in life, it would be hard for them to get addicted or not be able to control that impulse again. Stopping gambling totally after an addiction is not easy but for those who are serious to let go, the choice is always in their hands.
full member
Activity: 406
Merit: 156
I think trading has a way bigger gambling element than traditional gambling mate  Grin Plus you could double your money within minutes unlike trading where you need to be glued to your monitor watching all the graphs and news and shit. Too much work for too little gain.

I strongly disagree with this, because this is not true at all, you could not double your money in gambling, it is easy to say but so hard to be done. I could assure myself that I could get something in return in Trading even it takes months, at least it is worth the wait, unlike in gambling that you would only win in the first try, to the second, but after that, you are just going to lose all of your money and will be addicted to this.
I totally agree with this since trading and gambling are completely different things even tho they share the risk factor , but the risk of trading isn't even nearly as equivalent as the risk that you run whenever you gamble .

Whenever you gamble you don't really know whether you'll win or not and there is a binary output of your money which is either a win or a loss so you either get your money back plus some profit or you don't get anything at all and if you got a bad luck you're gonna eventually loose all your funds .
Whether in trading you can cut off your losses at any moment and there are very few cases in which you'll completely loose your money and won't be able to retrieve even a small part of it . So with a little knowledge acquirement and some time to invest in this field , it could turn to a very profitable activity which runs on a much lower amount of risk , which can be manageable in all cases by the way .
hero member
Activity: 966
Merit: 535
Leaving gambling for starting trading ? You are not changing anything here and in fact I believe that you have more chances gambling in skill games like texas holdem poker or games where you need to have 50-70% skill like sports betting rather than go into trading. Sure you can read the news analyze the markets but you cannot manipulate them like the central banks will do as per their own will making you to lose money the same way as in gambling. Quit gambling for good rather than quit it for trading.
If still really want to quit gambling, quitting without any substitute plan, or activity that can keep us busy will be impossible to do, if we have much knowledge on trading and know how it goes then trading can replace our addiction on gambling activities, it can lessen our lose as well earn sometimes if we pick the right coin.
i do believe that whenever you compare how gambling destroy your life with how can trading makes you addicted and make you broke at the same time. people can see it clearly that there is a lot of people broke because of gambling not because of trading , so moving on trading from gambling actually was not a bad idea at all.

do it, or you will remain struggle quit from gambling with do nothing.
Don't say people are not lost money in trading, and there are many people lost money and stopped doing trading. This is also one type of addictive business once you started you won't leave this in the middle. But to compare gambling addiction, this is good if you have patience you can make a small profit.

Yes you can easily lose money trading if you not careful. If you gamble carelessly then you will probably trade carelessly too. It would be a good idea to invest in a casino instead of gambling there and then using the profits for trading. That way every week you will have bitcoin to trade and you can slowly increase your portfolio and build your riches Smiley
Pages:
Jump to: