Post
Topic
Board Gambling
Re: Flip or Trade? What’s The Bigger Gamble?
by
wiss19
on 19/10/2023, 06:22:22 UTC
In trading, whether it is shitcoins or Bitcoin, they must have analytical skills. Shitcoins don't always cause us to lose money. If we can improve our analytical skills, we can find hidden gems that can provide benefits.
True!  Shitcoins trading sometimes can result in 10,000% to 100,000% profit if one knows when to buy and when to sell.  But mostly we lose money in shitcoins because project die down or got rugged pull before we can even sell our holdings.
And what would be the percentage of such players? I bet very low, rather, extremely low. You can barely find a gambler who would tell you that they had certain gambling sessions where they had recovered all the losses that they have ever had in their gambling career because it's very rare. Most gamblers don't get to experience that because casinos can't afford to pay all the losses back to every single gambler or maybe to 4 gamblers out of 10, that's a lot.

Now if we compare that with trading, you can find the percentage of profitable traders to be relatively higher than successful gamblers, why? The answer is simple: trading isn't completely dependent on one's luck and one can learn and do trading in a proper and effective way, whereas one can't do the same in gambling.