Post
Topic
Board Trading Discussion
Re: Journey from gambling to trading
by
sgenuine
on 12/12/2018, 19:09:00 UTC
I have been spent time in trading but i have never came for gambling so i have no idea that how gambling is meaningful to me and may be in future i have to start gambling then it is also a good way to make money and we can participate in the crypto community and if we have time we can use it for earning people earn a very good amount from this gambling and then they trade what they have earned in the previous gambling.
In my own view, trading is some sort of a gambling because you are in for the profit and you might lose or win at times just like in gambling. In trading, it is you who control on what coins to buy while in some gambling like sports you money is dependent on how the team is doing. If they lose, you lose also.

Just like gambling, at a certain point, trading can have the same characteristics. A very striking difference is, on trading we can wait longer to get results that are in accordance with our wishes, of course with all the risks that exist. Whereas in gambling, when the results are out, our betting will automatically end. We can continue with the next bets. I mean, in trading it is up to us when to end our trading session. Our actions are not necessarily determined by events.

Trading differs a lot from gambling. Even the best casino players and those, who bet online understand that very often a blind risk can make them losers or winners. Traders use their knowledge and skills mostly.