Quote from: milewilda on May 29, 2024, 01:10:53 PM

Quote from: bounceback on May 27, 2024, 03:58:57 PM

Quote from: Learn Bitcoin on May 27, 2024, 02:30:19 PM

Yes. I agree with you that trading requires skills but not all trading is just trading that is something else. If we talk about binary trading, it's pure gambling. You just rely on your luck and you cannot do anything else except wait for it to get closed. When we rely on luck only, this is gambling. Future trading is gambling as well, but you could still say that future trading requires skills and a trader has to do a lot of research before they open the position. I guess the reason behind people call it gambling is because of binary trading.

Binary trading is the same with gambling pure of luckiness when putting our order, but in trading is difference including skill and knowledge will get bigger profitable to earn than gambling just depend on luckiness with our capital loss if wrong prediction. In trading indeed little mistake with prediction some coins we still has chance waiting price recovery and earn much profitable later.
I think Binary trading must removed their trading words because its not like as trading usually, binary pure of luckiness depend and the same with gambling way.

I can attest that Binary options type of trading could really be considered to be gambling, although you could really be able to apply some analysis considering that you are really that making some trading on which it would really be just that normal that you would really be making yourself that applying analysis on which it cause up for you to have that increased chance on making some good trading but since binary options are really that involved with few seconds or even just a minute trade then this is something that you cant really be able to draw any technical analysis or even be able to apply any fuindamentals and this is why i cant be considered to be gambling and pretty sure that majority will really be having that impressions too.

I think I agree with you, Binary options type of trading seems a gamble.   Maybe we can't make truly accurate analysis and many people say it's like gambling that relies on luck... What type of analysis do we want to use?  It doesn't seem to have much of an effect there.  I'm not a professional trader, just a holder who has learned a little about trading.

Quote from: $crypto$ on May 29, 2024, 06:50:59 PM

It's true, we shouldn't be lazy in analyzing, because usually when analyzing it takes time, and if we are not patient enough in analyzing it then it will result in something that is not good for us.

Indeed, I will not deny that I also sometimes feel bored because I have to analyze the market and it takes a long time. But if we can control all of that, then it can be said that we have succeeded in fighting something bad within us.

I do analysis when I have free time, this really takes time and focus.  Maybe some who are busy in the real world, are lazy to carry out analysis, they choose to buy safe coins such as bitcoin for long-term holding.  And beginners who don't do analysis, just read hype news, usually prefer hype coins, with weak fundamentals.  This is the wrong investment process, because the risk is big and we can lose our money.

I'll go first. I've been in crypto for two years now. And I've learnt that it's not a get rich quick scheme. Using that mindset you'll burnout within a short while... How about you??

Quote from: Sim_card on May 26, 2024, 01:00:51 PM

I could remember way back when I was always gambling without luck and run at loss almost every time that I gamble. This will make me say to myself I will quit gambling, but after a while, I will think of gambling and I will try to hold myself back, which happens. But my mind will keep telling me to gamble, and after somedays I will gamble again. Same thing will happen and I will repeat the same words again. This happened to me over and over again, but look at me now I am still gambling and having fun with it. Have this ever happened to you that you said you will quit gambling but didn't.
Why is it that, it is when a gambler is losing that he always think of quitting.

         -   Even if you have said that you will quit gambling and until now you have stayed the same, maybe you are not really determined to quit; your persistence is not really 100% that you want to quit. Because if you really want to quit something, no matter how hard it is, you can leave it and let it go.

This is about "quit" because we also know that there are things that, when we want to let go of or stop something that we have become accustomed to, are not really that easy to stop because it has become a routine of our personality behavior, as if it has really become a part of our life.

When it comes to offline casinos, it is unlikely that a player will change the casino he is already used to. What matters to the player is the atmosphere, bonuses for vip players, menu, location - that is, a lot of small factors that become important when choosing a casino

Ofcourse! Old coins would still work.
But there is always a condition to it and that condition is Utility. Always look at what the coins stand for and whether they are helping the whole community move forward.
There will be a lot of old coins that will become dead but coins like BTC, ETH, matic, solana, Uniswap, cardano will remain relevant

Quote from: dekafee79 on May 25, 2024, 03:43:34 PM

Yes, becoming a professional trader takes time and experience, as you said, over time, as a beginner, you will become a professional if you are willing to learn. In learning we will also experience failure and loss. and learn from those failures and losses

This is the path that is least easy to take. That is learning from failure. Because most beginners give up after failure. but those who are currently professional traders are those who do not give up when they experience failure and instead use failure as a valuable lesson. And it is true that experience is the best teacher in learning anything. but to gain experience it requires a lot of sacrifice. Be it time or money.

I find it funny when on crypto related forums people discuss pros and cons of unlicensed copies of Windows. I have looked on this forum, but on our neighbor forum we have windows key sellers. <$5 and your windows will be licensed. Add more $5 and you get a key for antivirus license. Nevertheless, licensed copy of Windows or not, it does not matter, as user himself makes security mistakes. Even after buying Mac, users isnt insured against copy/pasting his key on a phishing page.