Post
Topic
Board Nigeria (Naija)
Re: The difference between gambling and trading.
by
DPHOR
on 07/03/2025, 21:52:21 UTC
In trading you have to get full knowledge about the crypto market, in other for you to carry out technical and fundamental analysis before you can be able to place a trade.

In trading you monitor the crypto market to enable you make quick decisions and react to the market fluctuations.
I don't think we need to kill ourselves over here just to know the difference and anyone who is that active on the forum and on cryptocurrency space should be able to factor out these things before now. Both may sound the same but are not, what makes them looks alike is the volatility they both poses, such as when you open a trade and liquidate a specific amount for long period and the market goes on the reverse you lose all your assets, this is when you don't monitor the market. In gambling you place bet and your game didn't go as planned you still lose the money, that is where people are subjecting trading to gambling but they are not the same thing if we must know.