Quote from: BitcoinTurk on Today at 08:52:32 PM

Quote from: Kelward on November 11, 2023, 08:24:23 PM

So if a gambler where to go into bitcoin trading, do you think that the experience of taking risk in gambling will be an added advantage to face the risk of bitcoin trading?

I think the answer to this question literally varies from person to person because it is possible to answer yes and no simultaneously.

Yes, because a gambler who gambles disciplinedly and has experience in risk management can be successful in trading by maintaining a similar discipline and risk management.

No, because a gambler who doesn't have any discipline and cannot manage risk well will most likely not be able to maintain discipline and risk management well and will not be successful in trading.

Although gambling is completely based on luck and cryptocurrency markets are partly based on luck, they both have common features such as risk management and being able to trade/play in a disciplined manner. It is possible to answer the question depending on the conditions I mentioned above especially since risk management is very important in both.

Agree! You cant really be precisely be able to tell whether its right or wrong, yes or not! It would really be just totally depending on a certain individual on how he would really be dealing up or assess things.