Quote from: BitcoinTurk on Today at 09:59:55 AM

Quote from: Westinhome on November 17, 2023, 11:38:56 PM

The trading people will have the ready money for the deposit to the crytocurrency based gambling site.The risk management was in the gambling as like the trading,in trading the gambler will hold the money without withdraw to avoid of the loss.But here the gambler should withdrew the funds from the gambling site after the continuous loss.Because the gambler should not allow their bad luck to get all the dollars in the name of the loss.It was quite essential for the gambler to idenetify the withdrew time from the gambling site.The deposit to the gambling site also should be in the limited way for the gambler to complete the gambling deposit in controlled way.

Yes, to give an example, especially from the many people who gamble and trade cryptocurrency here, many of us have cryptocurencies that we can instantly use for gambling. Similar risk management between gambling and cryptocurrency trading is the efficient use of the available budget, spending it gradually and using a certain strategy. That is, there are common aspects of risk management for both but risk management is applied slightly differently for both. Just as you mentioned, a person who trades cryptocurrency doesn't transfer their current balance to their wallet in case they loses money while someone who gambles withdraws all their money and transfers it to their wallet if they don't lose all their money because they thinks they will have bad luck that day.

Although deposits to cryptocurrency-based online gambling services are generally not as diverse as cryptocurrency exchanges, I don't think there are limited deposit opportunities due to the diversity.

Does comparing these two make sense? Despite the risk of trading cryptocurrency, most decisions are based on market analysis, trends, and prediction. Gambling is luck-based, not strategy. This fundamental distinction in decision-making is crucial. Are we damaging trading competence and research by blurring these lines Additionally, your thesis regarding risk management in all sectors is intriguing but too simplistic. Both involve meticulous money allocation, but their goals are distinct. Gambling is designed to lose money over time, so the "house always wins." Crypto investing is volatile, but wise judgements can make money. Don't we oversimplify by ignoring these dynamics?