Post
Topic
Board Gambling discussion
Re: Which of these betting Statements Do you Agree or Disagree With?
by
Kavelj22
on 30/03/2024, 17:08:07 UTC
1. Don't bet all your money on one bet.
2. Bet the same amount on every bet.
3. Don't bet more than once a day.
4. Don't bet every day.


You maybe forgot the most important one which is "Never bet using money you may afford to lose whatever the amount is". I consider these to be the most important statements of all, which, although they have recently been invented and used extensively in trading, but this confirms their essence even more, because trading or investing in crypto can also be considered a form of gambling, given that you can never guess a movement. Price, and therefore the trader will bet on a specific currency, anticipating that its price will rise. Timing is also very important because it is also not possible to accurately predict when this might happen. There are certainly differences between them, but they can be classified under the category of gambling.


There is another rule whose importance I would like to stress: "Not Your Keys, Not Your Coins".