Quote from: DaNNy001 on October 04, 2023, 09:13:10 PM

Quote from: Mr.suevie on October 01, 2023, 10:25:05 PM

Quote from: BenCodie on October 01, 2023, 08:54:29 PM

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

Well life itself is actually base on risk because nothing is actually safe and although trading is more base on who is skilled and if one knows that he isn't then actually going to trade it's actually a stupid risk because you will get drained because trading is actually a crazy gambling that is hidden in the name of statistics and candle stick reading. With all the little experience I have had in trading I won't ever have the thought of risking any coins knowing fully well the odds are against you.

If you are entering the market with no knowledge, no idea what a chart represents, no fundamental knowledge, and just picking things because you like the sound of something or have heard about it, then yes, that is crazy gambling. Some lucky schmucks do win this way....a lot more do not....that is the same as gambling. Lots lose, few win. Someone with knowledge and risk awareness, while applying basic trading principles and having generally decent knowledge, I'd put the odds on this set of people making more than that of gamblers on non-skill based gambling. Poker being a skill based PvP game is probably the exception, though just like trading, you need skills, principles and strategies to beat other players who also have that. Luck is a factor, but not the only factor.