Quote from: Fredomago on Today at 09:37:16 AM

Quote from: SmartGold01 on September 14, 2024, 11:52:23 PM

Quote from: Victorybit1 on September 14, 2024, 11:12:58 PM

Quote from: Gooner0 on August 07, 2024, 10:21:48 PM

>well am no fan of Gambling, due to my experiences in the past, I decided I would quit gambling.
But just few months after I quit Gambling a friend of mine introduces Trading. I mean I was captivated. I really wanted to make money.
I wasn't really schooled in trading but i just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact that I've lost a lot of money.
Please, am I wrong in looking at trading this way?.

Well I would say don't get people all convince and excited to get themselves involved in trading because I know for certain that even trading is not as easy as you make it sound because first of all you would require lots of time, patience and dedication to actually learn and even master the art of trading to the point of actually being successful in your trading session, so if a newbie who is naive enough gets into trading it will definitely yield same result as gambling or even probably even worse than trading.

What we called trading is likely and advance method of gambling but we don't see it as gambling just that it's like you can have full control of your assets and it wouldn't lose it as gambling, but in gambling when you place bet and it went on the contrary then you lose all entirely. It just likes an advance binary trading where you stakes for upwards with some specific timeframe and if it goes against your predictions then you have to lose entirely but in trading you can control the lot sizes to control the amount to lose while you place your trading in binary.

Sort of nothing you can do when the outcome turns against you, that's how gambling works unlike with trading if you are just buying and holding your assets as long as the market is alive and the team behind the project still doing updates then the chance to recover still possible, aside from that there are many other factors that will keeps you away from thinking that trading is just like gambling, control over your emotions and all those other things that will allow you to anticipate and if your assessment is correct then you can compensate from your investment.

Do you know that same emotions are allocable while doing any of these things, like in trading we talks about emotions, also in gambling we talks about emotions this is to show they often work and function the same. The thing is is just how we understood it and from our mindset, we would think they aren't the same. Yes most project owners do sustained their project and keep it running but what matters is that, how reliable is the projects instead going for a solid asset like Bitcoin could be much more appreciated and valuable than just a common project or shitcoin out there maybe people usually have that much love in memecoins.