Post
Topic
Board Gambling discussion
Re: Why trading is better than gambling?
by
Xenophoto
on 07/01/2017, 09:04:07 UTC
yeah trading is better than gambling because gambling is too much high risk and people lose their bitcoin through gambling so trading is good because trading has no risk we know bitcoin price rising everyday .
many people still lose their money in trading so I do not think trading is the most effective method of making money nowadays. As you can see, without talents in gambling can cause a lot of trouble to a person who wants to trade. Knowledge is the main key which leads us to succeed but most of the people do not want to waste their time to learn or to listen what other people teach. Therefore, the number of losers in trading is still very big
Knowledge in trading would not always lead you to profit. I think timing is the key to success in trading. Buy low and sell high is the rule of thumb of gambling. You don't know what's the rock bottom of the dip and then what's the peak of a pump. If you're timing is right, you'll be able to buy/sell at least near the price where you can maximize your profit.

Knowledge is also beaten by luck in trading. You can't explain what's happening behind all those. It's pretty much random since you're not informed that someone's going to buy at a certain time or someone's going to dump at a certain date.