Post
Topic
Board Trading Discussion
Re: Trader or Gamblers.
by
el kaka22
on 18/04/2018, 17:41:20 UTC
I prefer trading and the buy only on spot market, not futures or trading with laverage. Cryptocurrencies it self is very high risk market. Why we need laverage and futures. Futures will only make you lose. And laveraging is just like gambling. I am investing in crypto not gambling. No one on earth will win in gambling for long term. If you ever win its only your lucky day.
Investing for the long term is totally different from those who are trading. Leveraging comes with those who are doing marginal trading and that in itself is actually another form of trading on its own. I always refer to those who do not have any strategy or knowledge of trading in a market as volatile as this to be gambling.

Trading itself comes with a lot of risk, which with knowledge you can try to avert them and get the best from the fluctuations once in a while, but I now imagine those who trade without knowledge. That is a higher level of risk and plain gambling as far as I am concerned.