We know that in the current internet era, many people have already heard about Bitcoin. Especially since 2017, we have seen that the price of Bitcoin has increased at a rocket speed and as it continues to increase, thousands of people come here to invest. However, many people do not have a proper understanding of Bitcoin, so why did they invest here? What is Bitcoin? How does it work and how did it originate? I think Bitcoin is a type of symbolic currency or crypto currency and this cryptocurrency is a type of digital currency system that does not actually exist in reality. There is no economic or regulatory organization for a transaction. There is no need for a third party to exchange money in currency trading, anyone can invest or sell it. Basically, we have seen that the price of Bitcoin has increased a lot since 2017, so that people's attraction to it has increased a lot. The number and investors are increasing day by day. I think if it increases further in the future, people's demand for it will increase a lot.  And we expect it to be 150k again by 2026.

Gambling is an addictive game or a platform in which financial gains and losses occur. Gambling is basically a game in which a certain amount of money or objects or prizes are determined by something that is equally budgeted by each other. There are two sides to gambling, profit and loss. When we win, we get excited and bet more so that we can get more. But we forget that there is also loss that ends us completely. Generally speaking, we have to play both sides of gambling and the emotional state that we get after losing is only due to a little influence inside us which makes him mentally ill.

Quote from: DavetJack on April 20, 2025, 06:53:52 PM

Yes, there is a lot of difference between trading and gambling. Again, many say that the two are the same. But they should probably think that gambling depends on the luck of the gambler. It is never possible for him to profit with any strategy and his own knowledge. And if we look at trading, it never depends on his luck, but he has to create his own knowledge from the basic things that are in the training. If someone enters trading for the first time and does not have any idea about it, then he will definitely lose there. And if he enters gambling, whether he is new or old, he can profit from his luck there. So I mean there is a lot of difference between winning and trading, which is never the same.

I also believe that trading should be done knowingly, with knowledge, without knowledge it is just giving in to luck and in trading it is not good to jump into that option, in games it is different, the game will always depend mostly on luck, even if we have the best strategies of all it is not a guarantee that we will win, I think that is the biggest difference between trading and games.

However, we have seen that there are many who treat trading and gambling in the same way and in many places. We almost all know that trading is something that someone who is new to it or does not know any strategy can never make a profit or face losses. And even if someone is new to gambling, they can make a profit or lose, but it depends entirely on luck. And I have seen posts about this in many places where they say that gambling and trading are the same and there is no difference between them. But I think those who say this have no idea about crypto currency or they have never analyzed it inside. They may or may not know that if they invest here, they may or may not make a profit depending on luck. So I think if someone wants to talk about a topic, they should analyze it well or pay attention to whether it is really correct or not.

0. That's why I don't trade.

Quote from: DavetJack on April 16, 2025, 10:01:01 AM

...And even using their own strategies or the knowledge they have gained about the trading market does not remove their fear.

Possibly because whatever they have learned doesn't guarantee profit?

Quote

Do you think that you have complete confidence in yourself when trading that you will be able to profit here.?

Market doesn't run on trader's confidence. So answer is, no.

Yes, we know that trading does not run on confidence, it is promoted by their own knowledge. As much as they can do with their knowledge and use their own strategies, they can move forward in their life. However, there are many people who cannot be sure even after investing, so they rely on confidence.

I think it's legal as an investment vehicle in most countries but not as a legal tender. If you're asking for the latter, it's tricky or not as simple as doing this or that because the lawmakers are also involved. The problem with these old heads is that they want to keep it traditional as long as they can.

We know that this currency has become increasingly popular in almost every country so far, so it is very necessary to completely legalize it in every country. I think that the banks of every country should do research on the countries where it is illegal so far because even if it becomes common, it will have to adapt to it. So since it has been legalized in almost many countries, the government of the countries that have not been legalized so far should do some research on them.

Quote from: DavetJack on April 12, 2025, 06:58:38 AM

We see that many people say that gambling and trading are the same. If that were the case, then what we see is that trading is based on a person's own knowledge. To become a professional investor, he has to overcome various obstacles and acquire various skills and find his success. And he has to pay attention to various social media and he has to gain a lot of knowledge so that when he wants to invest in a currency, he can analyze it well and invest in it, and so that he can profit from it.


But I think gambling is completely different from investing. Because it depends only on your luck. And as far as I know, there is no specific strategy that can be used to make a profit here. Maybe some profit can be made based on some time but most of the time you have to lose here and every bet puts you at risk.

             What do you think?? Share your own opinion.

I think trading and gambling are not the same. Trading needs learning, research, and good decisions. You have to study the market to make money. But gambling is mostly about luck. You can win or lose fast, and there's no sure way to win. So yeah, both are risky, but trading is more about skill, and gambling is more about chance.

Yes, there is a lot of difference between trading and gambling. Again, many say that the two are the same. But they should probably think that gambling depends on the luck of the gambler. It is never possible for him to profit with any strategy and his own knowledge. And if we look at trading, it never depends on his luck, but he has to create his own knowledge from the basic things that are in the training. If someone enters trading for the first time and does not have any idea about it, then he will definitely lose there. And if he enters gambling, whether he is new or old, he can profit from his luck there. So I mean there is a lot of difference between winning and trading, which is never the same.

Quote from: Crypto Library on April 18, 2025, 09:47:11 PM

Quote from: $crypto$ on April 17, 2025, 06:11:59 PM

I believe in my abilities, it does not mean that what I analyze will continue to happen, but at least we must have confidence in ourselves.

However, we should not be excessive, we must have limits so that everything runs well. Because if we are overly confident, then that is not self-confidence in my opinion, it is more about us being emotional because there is something we want to get.

Yes I was going to saying the same things here. We have to also remind that confidence is good for us but over confidence is more dangerous even if we don't have any confidence in our self while we are doing trading.
It is true that given the confident people's also face losses may be some time they were in our confident? My saying was here is when you don't have any skill how to you get the confidence and even if you get any confidence on yourself while you are not know much about trading analysis then you are must over confident.

Knowledge and experience that will make someone have confidence. because with long experience we do not panic when we see market movements that are different from our hopes and predictions. and it takes a long time to be able to understand the character of the crypto market, so with focus and patience we will be able to always practice making analysis that will support our confidence.

A person's confidence is based on his knowledge and his analysis or observation. If the analysis he makes with his knowledge and experience is correct or a little risky, then he should not be afraid, he can be patient by believing in his analysis. We accept that it takes a lot of time to understand the cryptocurrency market, but we should spend enough time on it so that we can quickly get a lot of ideas about it or gain a lot of knowledge so that we can move forward in the future.

I mean if a person does not have patience and experience and along with that confidence in what he is doing then he will never be able to succeed in anything. Because if he does not have confidence in his experience then how will he impart knowledge to others or help others. We know that a professional investor also gives their comments in many forms and we can learn a lot from their posts and we can also take a lot of ideas from it.

Quote from: legend45 on April 16, 2025, 10:40:21 PM

As parents, we have our own considerations for our children, maybe some think to let children spend their childhood playing and don't need to give them knowledge about crypto. However, if children are interested and curious about crypto, we should give them basic knowledge about crypto. So everything is according to our children's interests and abilities, don't force it.

Indeed, each parents may have different considerations. So, there is no problem if we have different views about learning crypto to children. Sure, if the children are interested in crypto, we can start teaching them with basic knowledge about crypto. But I think it shouldn't be too early, just wait for them to be in Junior high school at least. In this level, they already have the ability to understand something like crypto. But if they aren't interested, just let them know when they are already in university level only. However, we don't force them to choose crypto.

Yes, that's right, but I think that if a child is introduced to this cryptocurrency without an adult, then he can start his life from here. And it completely depends on the passion and knowledge of that child. We know that a child is only ready for the subject that is taught to him from a young age. I would say that they should be introduced to the cryptocurrency market from a young age, but I think it is better to do this at the age of 16 to 17. Because if we look at this era, every child now has a mobile phone in his hand and they roam around different platforms, if they are given cryptocurrency, then they will be able to learn a lot from here and they will be satisfied with what they learn from a young age and later it will not be so difficult for them to understand.