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If you don't believe that trading and losing everything within few hours, then you have not really traded Bitcoin. Within an hour, Bitcoin can drop thousands of pips, and traders using leverage and without stop loss can be wiped out with just few spikes.In as much as there are big chances of making huge money on trading there is also higher chance of losing everything within a space of hours because trading has to with a lot of knowledge and experience that will enable you to understand the fundamentals and technical analysis of Bitcoin and even knowing all those things there is still a higher chance of losing your money.
But however in times of Bitcoin holding you don't need much knowledge before you could start holding and also with holding you will have a relaxed mind and free from panicking because your target is holding for a long time, however those that normally trade use to go through a lot of emotional trauma if there trade is going against there direction.
Trading and losing everything within some hours is just something that can't just happen like that unless you get yourself involved in leverage trading. If it's for buying and selling for day trading, you can run into losses, but you can't lose it all in a single interval of hours.
Leverage trading is the only place I have experience. If I place a trade and the trade happens to go against my order and I'm not fast enough to cancel the trade, it can get liquidated depending on how fast the market drops or falls, but day trading gives you one opportunity to recover those lost profits if you don't sell when the price drops and if the traded coin does not also rug pull.
First of all Bitcoin is decentralized that is not monitored by anybody, it is relatively safe, myriad ways for transaction and othersDecentralization is not peculiar to Bitcoin, there are other decentralized cryptocurrency. So decentralization can not be the only reason for the success and preference of Bitcoin over other cryptocurrencies. The major reason I feel that makes Bitcoin to be in a world of its own is the fact that it has been tested and tried by many fuuders, government authority and all who is who and it withstood all thereby giving it the trust and popularity of greater part of those who came across it. Other cryptocurrencies have tried to copy or even improve on the supposed weakness of Bitcoin yet none of them could gain the level of confidence and popularity that Bitcoin have gained. Check the various forks of Bitcoin to confirm my submission.
to me it is the safest option for cryptocurrency transaction
I don't think the expiration of Segwit address in Binance has been confirmed to be true because the messages they sent was not to all users but some. I know some who got the message and some who didn't, what I don't know is why they sent to those who received and how long the address will be used before it will need to be changed.But of course, exchanges carry out periodic maintenance and can change users' deposit addresses for any reason.Yes, and this can even act as a warning to people who use centralized exchanges as 'crypto banks', these exchanges control any money you deposit into their platform, they can change you address at will, confiscate your funds, refuse to process deposits into your account etc. If you are storing funds in an exchange, move it out and into your self custodial wallet.
If there is a desire to earn money on gambling, then here it is no longer up to fun. It is necessary to calculate every bet, assess possible losses, carefully observe risk management. And use the winnings wisely, trying to overcome the desire to squander everythingI tend to agree with you on this as I cannot see the fun in loosing. Gambling is only fun when you actually win else it can be a a huge pain. Many people become so complacent with their gambling habit because they think they are catching fun. It ought not to be that way because gambling is a serious business that involves money, so one should at least give it the business approach it requires.
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