Post
Topic
Board Trading Discussion
Re: Bitcoin trading and gambling
by
Bushdark
on 12/07/2023, 20:13:18 UTC
snip
Bitcoin trading and gambling are not the same despite that they share some similarities. In trading, you have full control of your asset and you can exit the market if you observe the negative market. You will lose some money but not all. In gambling, once you click on stake button then, consider your money gone if the game cut.
Bitcoin trading is the same thing as normal trading of coins that we used to trade on with two pairs. Becoming profitable is trading is something that we need to work on looking at the market chart and trading accordingly to the signal that we have gotten from analysing the market.

If we are a good fan of coin projects that is always pumped and dumped, then we need to make sure that we just don't look at market chart to trade but also get some fundamentals about the particular coin we are trading so that we are not going to miss the market direction if the coin eventually is pump which is surely going to lead to dumping and could after our trade if we don't trade to the direction of the market.

 Many people have lose some fortune because they are not aware of the fundamental that is taking place during there trade in the market of the coin pair they are trading. This is one of expect we need to keep our eyes to get more profits from the market as a wise and smart trader. Gambling is different from trading but can be related is some certain aspects so we need to know what we are doing and what we really want.