Quote from: Strongkored on Today at 01:03:32 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?.

Maybe you are stuck in trading shitcoins and losing a lot, or trading futures trades, if you are doing spot trading on Bitcoin I doubt you can lose much, because losing a lot is what makes you think that, but with the right knowledge you will eventually know that gambling is definitely different from trading even though there are similarities but not completely the same.

Quote from: Oluwa-btc on Today at 12:49:16 PM

Very well then,I think people are trading as for gambling also because of the mindsets and how they participate in it.Based on my observations too,trading is no difference from gambling and it depends on the approach used.In other words, trading can be gambling if it's done without a proper knowledge, discipline and plan.

I still think it's different, but mindset and bad experiences make traders think it's the same.

Trading up with meme coins and using up that high leverage trading on which this is where you do consider up yourself on doing gambling basing up on the level of risks on which some people dont think off that much not until they would that totally burned out their trading capital or investment. We do know that when it comes to risks level then these things are that highly that not recommended to deal up with if you dont really know on what you are that doing. Despite of the high risks level with these things but surprisingly there were still people who are that getting fond on dealing up with it on which you could be that definitely be able to say that these type of investors do have that kind of gambler like mind or just that eagerly wanting to make huge money because they've seen that there are those people who do become rich at the moment that they had made out some good hits like trading up some meme coins or having that dealing up with high leverage trading on which it cant be denied that if we do speak about chances or situations then there are those people who do able to make up huge profits with this but of course you do need up to deal up with the risks level on which you can make that comparison when dealing up with spot trading. So it will be that up to you on how much you can be abel to take on. Trading is needing up for you to sustain for long term and not something that speaks about rushing up on making money because you would be that prone into lots of mistakes.