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Topic: When you win does someone else have to lose. (Read 831 times)

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legendary
Activity: 4102
Merit: 1454
Reminds me of zero sum trading - https://www.investopedia.com/terms/z/zero-sumgame.asp

I would argue no, there is a utility to Bitcoin that is an aid to the world.   This has been a surprise to many and we all know many consider Bitcoin to be a negative, a trick and a loss for all.    However Bitcoin helps to facilitate at least some business, some of which would not otherwise occur.     The closer you come to merely exchanging orders on an exchange, the more zero sum it is but actual trade done with Bitcoin is productive and a benefit to both parties.

All currency involves some loss or cost to its ownership and operation in exchange of ownership.    Plain paper money does have some cost to printing and charges to transmit value, store securely and assure accounting.    The reason we dont call it purely zero sum I think would be that we gain from the idea of money and the ability to trade is increased by its existence, this is despite all the corruption and crime that might occur.    
Everything in life has some loss and cost to it, a farmer who purely grows and exchanges foods still has some loss to his holding of goods and its really important a market price is found.

    The modern world needs efficiency and transparency and access to free markets for all, as a global economy we need to have that and Bitcoin is part of the online digital economy and serves a purpose imo hence its productive and will continue benefiting all involved on average I think.   I believe thats a reasonable premise and hope it continues to be possible
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Whenever I trade and make a profit, does someone else lose?

For example, I've been watching an altcoin market for three years and knew that a certain currency always triples in value going from x to 3x in a couple of months. Having spare money avaliable I put some in to test the strategy and I'm close to my 3x at the moment.

My question is, whenever I trade and make a profit is there always going to be someone who's made a loss or is this an odd way of thinking? Could it be that these people are losing a small amount of money or that these people are buying a coin by going (I'll put 10% in that) so as to not really matter if it profits or. Loses as it generated a stable ish value.
Yes, it is that simple and if you win big then that means that many people lost money in order for you to get those profits, that is an obvious aspect of trading that many miss since they enter in the market thinking it will be impossible for them to lose not realizing they are going to be the ones that will give profits to someone else, trading is a zero sum game, everytime you buy a coin thinking that it will go up in value there is someone else selling the same coin that thinks the opposite.
There's no assurance than to understand the market, knowing that there's always an opposite against you will give you challenge to do extra efforts, each time you place your entry another person is placing its own opposite to your directions, so it's accurately true that each time you win someone will need to lose, a concept of gambling where everything is not just for luck but skills and knowledge that you have.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Whenever I trade and make a profit, does someone else lose?

For example, I've been watching an altcoin market for three years and knew that a certain currency always triples in value going from x to 3x in a couple of months. Having spare money avaliable I put some in to test the strategy and I'm close to my 3x at the moment.

My question is, whenever I trade and make a profit is there always going to be someone who's made a loss or is this an odd way of thinking? Could it be that these people are losing a small amount of money or that these people are buying a coin by going (I'll put 10% in that) so as to not really matter if it profits or. Loses as it generated a stable ish value.
Yes, it is that simple and if you win big then that means that many people lost money in order for you to get those profits, that is an obvious aspect of trading that many miss since they enter in the market thinking it will be impossible for them to lose not realizing they are going to be the ones that will give profits to someone else, trading is a zero sum game, everytime you buy a coin thinking that it will go up in value there is someone else selling the same coin that thinks the opposite.
legendary
Activity: 1288
Merit: 1036
I don't think you should care about someone else's money as both of you are taking the same risks when trading. Think that sometimes you might be the person that loses and the other person is the one that wins so its a just a game that will never stop. I care about my money and my profit, not about someone else losing their money.
Lol, common man, be your brother’s shepherd (*wink*). I agree with you, we are all in the game to make some dough, provided it is a game we are all playing, we should be concerned more on how we will multiply our money and not what others are losing, because it is very logical to say that for there to be a win, there must always be a loss.

We need to work hard and have great strategy so that we can always endeavor to be on the winning side and not on the losing side, however, no matter how careful we are, we should always know that there will always be a loss too for us, so we are both rubbing our hands, we lose for others to win, while we win for others to lose.
hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
Whenever I trade and make a profit, does someone else lose?

For example, I've been watching an altcoin market for three years and knew that a certain currency always triples in value going from x to 3x in a couple of months. Having spare money avaliable I put some in to test the strategy and I'm close to my 3x at the moment.

My question is, whenever I trade and make a profit is there always going to be someone who's made a loss or is this an odd way of thinking? Could it be that these people are losing a small amount of money or that these people are buying a coin by going (I'll put 10% in that) so as to not really matter if it profits or. Loses as it generated a stable ish value.
Definitely, it was a game of skills and predictions if you win there is someone who losses, we only don't know if that is a bot or a human being same applied if you lose other are winning. Skills is an advantage and roughly professional traders earn from newbies when this newbies became professional the same cycle will be applied.
legendary
Activity: 1652
Merit: 1007
Trading is a zero sum game. Of course, someone always loses. In fact, 90% of traders lose. To avoid zero sum, you have to invest in assets that pays dividends. But this is crypto, no security tokens yet available.
hero member
Activity: 2856
Merit: 674
Not always, it depends on many factors in which price seller has bought is he/she lose at the moment of selling, you look at ths as long tem too or only short becouse i long term most of sellers of btc, for example, have lost as people who sold on 100$ 10k btc has lost but at hte moment of selling it was profit as was bought with 2$.
well, when you sell the assets you have, you don't think of harming others, and that person also buys with their own desires, moreover they need to. win, or lose, it depends on how you look at trade.
There is nothing as a win or lose with trading. You have made a prediction to buy at some specific point which in your opinion is good buy point. Same as that in the opposite side one tend to sell at the same price thinking it to be the best selling point. In this way we aren't harming anyone in the process of buying and selling of different assets.
Why do we even think of discussing about harming here, trading's purpose is to make money, and we will make a working strategy to give us profit.
The effect to the losers, it's not of our business anymore, there are even manipulators in the market and they know they hurt those who get the FUD but they don't really even care, it's all business as usual.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
Not always, it depends on many factors in which price seller has bought is he/she lose at the moment of selling, you look at ths as long tem too or only short becouse i long term most of sellers of btc, for example, have lost as people who sold on 100$ 10k btc has lost but at hte moment of selling it was profit as was bought with 2$.
well, when you sell the assets you have, you don't think of harming others, and that person also buys with their own desires, moreover they need to. win, or lose, it depends on how you look at trade.
There is nothing as a win or lose with trading. You have made a prediction to buy at some specific point which in your opinion is good buy point. Same as that in the opposite side one tend to sell at the same price thinking it to be the best selling point. In this way we aren't harming anyone in the process of buying and selling of different assets.
hero member
Activity: 1106
Merit: 501
There are special situation where two parties both win instead of 1 losing, its the same as boxing if you challenge a champion even if you lose you will still earn more money from the fight than the champion.

In trading you get what you can and throw away what you don't need, even if you know that there is one losing some it does not mean they lose in overall because they probably got some profit from the trade you made, and the fact that every traders lose and win some its only a natural cycle that the world of trading provide.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
Not always, it depends on many factors in which price seller has bought is he/she lose at the moment of selling, you look at ths as long tem too or only short becouse i long term most of sellers of btc, for example, have lost as people who sold on 100$ 10k btc has lost but at hte moment of selling it was profit as was bought with 2$.
well, when you sell the assets you have, you don't think of harming others, and that person also buys with their own desires, moreover they need to. win, or lose, it depends on how you look at trade.
hero member
Activity: 1190
Merit: 541
I know someone would ask, "then who loses, there's always a loser". My answer, "the Nocoiners". Cool
Such a funny man, really, they are the losers, if we Hold our coin for a very long term, and the price reaches ATH, everyone who has been holding a coin at dip will always be a winner. So, we should be encouraged to always try and  put our cart in a place where it will be safe.

Traders too are also safe in their trade, because there will always be a win, but we must also have a looser for the winner to take something home. In fact. I think everyone is also going to be a winner, because that person that was once a looser will not remain a looser, one day, he or she must also be able to win too in the trade.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
From technical point of view traders have different ways of analysis the market with respite to charts while a trader might view his analysis for buying another trader somewhere else triggering sell button definitely there must be a loser of course no professional trader can have a consistent winning trades there will be some losers thus I agreed the OP perception of winning a trade while a loser will also emerge elsewhere wherein an exchange or a broker serves as a middleman.
sr. member
Activity: 812
Merit: 256
Not always, it depends on many factors in which price seller has bought is he/she lose at the moment of selling, you look at ths as long tem too or only short becouse i long term most of sellers of btc, for example, have lost as people who sold on 100$ 10k btc has lost but at hte moment of selling it was profit as was bought with 2$.
legendary
Activity: 2898
Merit: 1823

I know someone would ask, "then who loses, there's always a loser". My answer, "the Nocoiners". Cool

This indirectly states that those who sells are the loser  Grin.


Bitcoin is a hedge to the old, rotten financial system that we currently have. You want to short it? HODL Bitcoin.

That directly states that those who are NOT HODLING are the losers.
full member
Activity: 1092
Merit: 117
I don't think you should care about someone else's money as both of you are taking the same risks when trading. Think that sometimes you might be the person that loses and the other person is the one that wins so its a just a game that will never stop. I care about my money and my profit, not about someone else losing their money.
legendary
Activity: 1526
Merit: 1179
But when you the hodler, HODL, and encourage everyone to also HODL, everyone wins.
I don't think the majority of the people would appreciate that type of encouragement with how the price kept hitting lower lows last year. People are 'sunny day' hodlers but turn into chickens the moment they see a red candle.

I don't mind weak hands selling their coins because they will end up in the pockets of strong hands anyway. Even those who we consider strong hands right now will dump because not every person has $1 million as target.

Exchange hacks are more of a short to medium term contributor to coins being taken out of circulation than hodlers are. In other words, something that's negative by nature also has a positive side effect.
hero member
Activity: 2114
Merit: 619
There's always a seller to every buyer. Trading is a zero sum game. We are not creating money. Just transferring it through the asset from one hand to another. We give a coin value by purchasing and selling. But the thing is that it's not required that if you made profit. The seller made loss. He might have bought at cheaper price. So, it can be win-win or lose-lose instead of win-lose.
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
When you take a trade, be it a buy or a sell position, someone else needs to take the other part of the "bet". So yes, practically when you make a profit some else loses. This is why there is that saying: " The market allows you to move money from the riches" or something like that.  Grin
hero member
Activity: 1148
Merit: 504
losing and winning is always a part of trading we just be more practical on how our money/funds and limiting our stake lose. Always set a limit and be more practical.
Actually this is a natural thing dude, in the market there are always buyers and sellers, and of course there will always someone who will profit, and there is always someone who get a loss. all you have to do is be a winner, profit on the many trades you do.
legendary
Activity: 1302
Merit: 1027
Whenever I trade and make a profit, does someone else lose?

For example, I've been watching an altcoin market for three years and knew that a certain currency always triples in value going from x to 3x in a couple of months. Having spare money avaliable I put some in to test the strategy and I'm close to my 3x at the moment.

My question is, whenever I trade and make a profit is there always going to be someone who's made a loss or is this an odd way of thinking? Could it be that these people are losing a small amount of money or that these people are buying a coin by going (I'll put 10% in that) so as to not really matter if it profits or. Loses as it generated a stable ish value.
Yes yes yes ofcourse someone loses his trade when you win a trade. This is how market works. But not always do they lose in terms of money sometimes they lose in terms of opportunity too but yes this is law of market positive and negative balance each other. What is more shocking is that 90% of small traders lose up and only 10% win to balance off the market this means wealth of 90% is transferred to the remaining 10%. This is why newbies are advised not to enter the market without proper risk management strategy

What you are telling happens mostly in gambling but in trading until the user who have purchased not selling cannot say will be in loss, so in trading it is always users who are buying and selling in each price.

Like for example , i bought bitcoins for 200 usd and then when the market went up i sold for 500 usd but same time another user bought in 500 usd and then when market went up to 700 he sold and same time the buyer may be new or old one that no one can say and who ever bought in 700 usd and market goes down he wont sell but he buys more and average his buying price and when market went up he sells and another user buying it. So in this no one can confirm that whether the buyer is looser or seller is looser.
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