Post
Topic
Board Gambling discussion
Re: Gambling is like day trading ?
by
ethereumhunter
on 15/05/2020, 12:01:00 UTC
Entering the market is absolutely not a problem, especially if you enter such coins as bitcoin, Ethereum, they can restore their price even after strong falls. The whole question is just about waiting time.
In order not to lose a lot of money in gambling, you need to be able to determine for yourself the amount after the loss of which you stop playing.

Yes, but many people cannot wait for some time, and they tend to panic if they see the price drops too far. If they don't know how to trade, then they might be a gamble because they will not see how the chance to pick the right coin. That will like a gamble for me Grin

All the better for those people who know how to trade. I say that the skill in trading is very important. Inexperienced traders at the beginning of a big fall wait a long time and start selling only when the price has fallen very much. At this time, experienced traders take advantage of the situation and buy coins at a much lower price.
And in a game of dice everyone presses the throw button) No one needs the skill there.
The experienced trader will take the benefits from the current situation at the market, but the inexperienced traders will suffer because they don't know how to trade and they don't want to learn about the trade. The dice games will need us to push the button without we need to think about what strategy we use, but for some gambler, they need to arrange the strategy to win.

Yes, but many people cannot wait for some time, and they tend to panic if they see the price drops too far. If they don't know how to trade, then they might be a gamble because they will not see how the chance to pick the right coin. That will like a gamble for me Grin
I think that users aren't really a trader. And doesn't know how digital assets means.

In the crypto market, new people often appear who want to get rich quickly. They do not learn, they do not read, they immediately rush to trade. And they lose their money. Then they go to tell everyone that nothing can be earned in cryptocurrencies.
In the beginning, I also think about getting rich from crypto trading, but unfortunately, I lose some money at that time. Then, I start to learn by searching for information from many sources, and slowly I can start to make a profit. It doesn't matter if the profit is not big than the other because I believe that if we still learn and try, we will have our time to make a profit in trading.