Post
Topic
Board Trading Discussion
Re: Trader or Gamblers.
by
Scallywag
on 22/04/2018, 02:39:14 UTC
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
well, both can indeed get a big profit. but, I do not want to risk gambling. well, i know that playing gambling is very difficult, and bigger hoping on luck. for now, I only do trading, and I think that's good enough for me.
i think trading in alts is closer to gambling then it is to investing. there are a lot of factors you have no influence in, and this market is still young and unproven. then people get emotional after losing some money and make decisions based on that are basically gambling.