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?
You can have that good risk appetite but still, in trading you can still lose big especially if you don’t know what you are doing. Don’t ever bring the attitude of happy go lucky from gambling to trading because its too risky, in trading you need to exert more effort to analyze and that’s the only way for you to make good profit in trading by analyzing the market well. We know both are risky but in trading there’s a big chance for you to make profit, especially if you are doing your best to analyze.
The ability to take risks by a gambler I think is an added advantage when it comes to Bitcoin trading because sometimes it takes risky decisions for a trader to have big profits in Bitcoin trading but that's not a guarantee to being successful in Bitcoin trading.
In Bitcoin trading, the main factor to determine one's level of profits is be very good in analysing the trade market and to know when it it's best to buy and also to sell. So anyone who's good in analysing the market as well being a big risk taker, the person is very liable to be successful in Bitcoin trading