Saving... Investing... Speculating... Gambling? (Poll)

[LUCKMCFLY]

but actually at this time we don't really need that feature because when the price goes down we just hold onto our coins and the price will go up again.

It depends on the strategy applied for a person's trading or investment. Because if you think about it, the stock exchange would not include useless features, therefore the stop loss and stop limit features are often used by traders, especially daily traders who monitor prices every day.

Currently the price of Bitcoin is experiencing a correction again, there are still many reasons to hodl, and I'm sure some people have set their stop loss at a certain level according to the loss tolerance they can bear.

As a trader, I prefer to use the stop loss feature for my altcoins. This minimizes the losses that I will experience, because market conditions are still undergoing correction, so we have to be careful in this matter.

Whatever you do you must be very careful before doing it and then decide to do it. You do a work but before doing that work you do not have any plan or any thought then what will be the goal of that work or what will be the destination of that work. I think if an investor or a person has money then he should save as well as invest as well as trade. Investing is for the future and trading is for the present and saving is for the use of those funds in times of danger everything is very important.

You're right, we sometimes rush into doing things and taking risks just like that without having plans available to do and that is something that leads us to have certain failures, but for that you have to know the person well, what type of personality they have? to speculate, to invest, to bet, one has to know all this oneself and whatever one chooses has to be very well focused, because what is always going to be risked is money and that is a bet for me, whenever one takes a risk for me it will stink until the money in question is recovered, there is no other way, I don't know how the others did.

[bounceback]

You're right, we sometimes rush into doing things and taking risks just like that without having plans available to do and that is something that leads us to have certain failures, but for that you have to know the person well, what type of personality they have? to speculate, to invest, to bet, one has to know all this oneself and whatever one chooses has to be very well focused, because what is always going to be risked is money and that is a bet for me, whenever one takes a risk for me it will stink until the money in question is recovered, there is no other way, I don't know how the others did.

Braveness take risk always have chance to earn much profit in the future but when avoid make investing or saving assets will difficult earn profitable or their assets increasing.
Investing have own risk actually when price decreasing by avoid price will drop one day later make us scare want to invest much money exactly in cryptocurrency or other investment way.
Imagine with profitable earn later and how increasing our assets make us motivate for investing in bitcoin and keep believing one day later earn much profitable.

[bhadz]

I do all of it but my main priority is to save and invest. All of us are buying crypto for investing and we're all for it to earn more through trading. Whatever other activities that we do, then most of it are through gambling or games which isn't included on the poll, games through NFT games.

[Hamza2424]

Saving... Investing... Speculating... Gambling... what's the difference?
Does it matter anyway?

And if it does, how would you describe your activity with cryptocurrencies?

There was a topic a couple of days ago I've gone through recently, TBH OP if you believe in long-term financial planning Savings, Investing is super important and under-investment trading is an option.

It does matter if you believe in breaking through your financial cycle because you need to make some sharp decisions to make the standard of living better. You should not put all your money in one basket of these like you should avoid saving all because saving all the money cant help you as inflation is still there, At the same time investing all the money is also not preferred as you always need some stable emergency funds.

[alltalk]

I do all of it but my main priority is to save and invest. All of us are buying crypto for investing and we're all for it to earn more through trading. Whatever other activities that we do, then most of it are through gambling or games which isn't included on the poll, games through NFT games.

Most of us probably will focus on investing. The main reason to choose crypto coins is for investment. People won't come here for saving or gambling, it is not the proper place. If people want to gamble, they must go to the casinos or gambling sites. But if they want to save money, I assume they will go to the banks. So, the possible reason to choose crypto coins are for investment. However, some people claim that we are speculating with our money if we choose crypto coins because it is mostly unpredictable.

You should not put all your money in one basket of these like you should avoid saving all because saving all the money cant help you as inflation is still there, At the same time investing all the money is also not preferred as you always need some stable emergency funds.

The best way is to have both saving and investment. We sometimes needs money for urgent needs, that's why we must have saving. But we want to change our future to be a better life, so we must have saving to ensure that we have a chance to have bigger money in the future.

[bayu7adi]

It's different and there are several important things... we see the richest people in the world today (who are published in the media) they are famous for their investments where their wealth is actually in the form of shares and other assets... yep they invest to grow their finances... So, I still think investment is very important for those of us who are able to be strategic in the financial world...

What I'm most focused on right now is investing.. the others you mentioned are too risky for me, who is stupid at mathematics.. I used to trade and gamble, it makes me frustrated because it requires special skills and strong will to be able to really properly face every process. Meanwhile, investing is easier to do even though the profits obtained have to wait longer to see our profits.

[pieppiep]

It's different and there are several important things... we see the richest people in the world today (who are published in the media) they are famous for their investments where their wealth is actually in the form of shares and other assets... yep they invest to grow their finances... So, I still think investment is very important for those of us who are able to be strategic in the financial world...

What I'm most focused on right now is investing.. the others you mentioned are too risky for me, who is stupid at mathematics.. I used to trade and gamble, it makes me frustrated because it requires special skills and strong will to be able to really properly face every process. Meanwhile, investing is easier to do even though the profits obtained have to wait longer to see our profits.

Rich people always take advantage of the slightest opportunity to continue investing. If the product they invest in is very useful in the future, they are brave enough to face the risks. They are very smart at seeing profitable business opportunities in the future. Currently investing in Bitcoin has become a very important value, we can see that the price of Bitcoin is always increasing in price and this is what makes many rich people even richer. They use the money they have to invest in all kinds of products that are useful in the future such as Bitcoin.

[dekafee79]

It's different and there are several important things... we see the richest people in the world today (who are published in the media) they are famous for their investments where their wealth is actually in the form of shares and other assets... yep they invest to grow their finances... So, I still think investment is very important for those of us who are able to be strategic in the financial world...

What I'm most focused on right now is investing.. the others you mentioned are too risky for me, who is stupid at mathematics.. I used to trade and gamble, it makes me frustrated because it requires special skills and strong will to be able to really properly face every process. Meanwhile, investing is easier to do even though the profits obtained have to wait longer to see our profits.

Rich people always take advantage of the slightest opportunity to continue investing. If the product they invest in is very useful in the future, they are brave enough to face the risks. They are very smart at seeing profitable business opportunities in the future. Currently investing in Bitcoin has become a very important value, we can see that the price of Bitcoin is always increasing in price and this is what makes many rich people even richer. They use the money they have to invest in all kinds of products that are useful in the future such as Bitcoin.

Bitcoin is an investment in the future, this is the belief of the rich people who bought bitcoin at the beginning of bitcoin's launch, and now that future is for them.  And we are not part of them, people who were luckier than us.  Now, even though it seems late, we are starting to buy and invest in bitcoin and altcoins for our future in the next 5-10 years.  Because success is never too late.

[JISAN]

It's different and there are several important things... we see the richest people in the world today (who are published in the media) they are famous for their investments where their wealth is actually in the form of shares and other assets... yep they invest to grow their finances... So, I still think investment is very important for those of us who are able to be strategic in the financial world...

What I'm most focused on right now is investing.. the others you mentioned are too risky for me, who is stupid at mathematics.. I used to trade and gamble, it makes me frustrated because it requires special skills and strong will to be able to really properly face every process. Meanwhile, investing is easier to do even though the profits obtained have to wait longer to see our profits.

Rich people always take advantage of the slightest opportunity to continue investing. If the product they invest in is very useful in the future, they are brave enough to face the risks. They are very smart at seeing profitable business opportunities in the future. Currently investing in Bitcoin has become a very important value, we can see that the price of Bitcoin is always increasing in price and this is what makes many rich people even richer. They use the money they have to invest in all kinds of products that are useful in the future such as Bitcoin.

Bitcoin is an investment in the future, this is the belief of the rich people who bought bitcoin at the beginning of bitcoin's launch, and now that future is for them.  And we are not part of them, people who were luckier than us.  Now, even though it seems late, we are starting to buy and invest in bitcoin and altcoins for our future in the next 5-10 years.  Because success is never too late.

It is almost everyone's prediction that the price of Bitcoin will definitely skyrocket in the future. Because Bitcoin has been observing its 4 year circle continuously so if it continues like this Bitcoin price will exceed million dollars in the future it is definitely expected. one of the reasons we can't keep investing in Bitcoin is that we are financially weak so it is not in our power to hold money in Bitcoin after meeting our daily expenses.  This can be a big reason. Those who have enough money can make long-term investments and own more money.

[alltalk]

Bitcoin is an investment in the future, this is the belief of the rich people who bought bitcoin at the beginning of bitcoin's launch, and now that future is for them.  And we are not part of them, people who were luckier than us.  Now, even though it seems late, we are starting to buy and invest in bitcoin and altcoins for our future in the next 5-10 years.  Because success is never too late.

Yep. Bitcoin is for our future, we invest in Bitcoin for the possible profits in the future. Bitcoin isn't for rich people only, it is for all the people. Even if we are not a part of people who bought in the early of Bitcoin launching, we still can invest with good potential in Bitcoin. As long as Bitcoin becomes one of the most favorite investments, it is always good to invest in Bitcoin. I think we are not late in investing in Bitcoin.

I don't understand what you mean by "success isn't too late". I think success always comes at the end of the story. You will never experience it if you will never try it and you do it until the end. It means to try buying and holding it until it reaches our target in investment.

[Captain Corporate]

Having situations like this where you are not entirely sure about whats going on, and can't decide which one would be better. In that situation I always suggest that you should not pick what is the "best", because there isn't really a "best", pick the one that you like. Aside from gambling which makes no sense, you just do what you do. I think speculating is not like gambling at all, because its definitely different, but you need to just focus on your own path. If you do what you want to do, then none of this matters at all, its just what people "talk" and talking is free, so just do what you want to do with your money.

[Hamza2424]

What I'm most focused on right now is investing.. the others you mentioned are too risky for me, who is stupid at mathematics.. I used to trade and gamble, it makes me frustrated because it requires special skills and strong will to be able to really properly face every process. Meanwhile, investing is easier to do even though the profits obtained have to wait longer to see our profits.

Hmm, that's so nice that you prefer investment, buying, and holding the best way for passive gains, TBH haha I dont support / like gamblers there are some reasons one the major ones is I've seen gamblers destroying their entire depends lives with them, its morally & ethically not valid consider one working hard in hard conditions making $20 to $30 and one just picking 1 or 2 and betting for lottery and make 10x or 20x I dont know about gambling so I won't consider trading and other skills into comparing with that hardworking person because those are using their skills which they've accumulated from hard work and spending time. Now they are making money with those skills in comfort is completely a different scenario.

Gambling should be always discouraged.

[Rubel007]

I am most interested in investing in cryptocurrencies. I know that if i invest in right place, there will be more profit and the chances of getting returns are much higher. However, when it comes to investing, I usually have to take a long-term view because some investments take time to get returns. Since the market is in a good position at the moment we can expect relatively good returns if we invest.

[LUCKMCFLY]

You're right, we sometimes rush into doing things and taking risks just like that without having plans available to do and that is something that leads us to have certain failures, but for that you have to know the person well, what type of personality they have? to speculate, to invest, to bet, one has to know all this oneself and whatever one chooses has to be very well focused, because what is always going to be risked is money and that is a bet for me, whenever one takes a risk for me it will stink until the money in question is recovered, there is no other way, I don't know how the others did.

Braveness take risk always have chance to earn much profit in the future but when avoid make investing or saving assets will difficult earn profitable or their assets increasing.
Investing have own risk actually when price decreasing by avoid price will drop one day later make us scare want to invest much money exactly in cryptocurrency or other investment way.
Imagine with profitable earn later and how increasing our assets make us motivate for investing in bitcoin and keep believing one day later earn much profitable.

I recently, well to be exact two days ago I was looking at binary options strategies, of course it has nothing to do with bitcoin, but I liked it because they were using a very risky but really useful type of strategy, it was because of compound interest and I really saw how from a balance of just under 10usd I already reached $50k that is something that I really liked, but of course, I have doubts about whether he actually achieved it or if it is all a setup, but this is something that I did like, he explains his strategies, however this trading thing is something very broad, it takes a lot to study it and understand it fully.

[milewilda]

You're right, we sometimes rush into doing things and taking risks just like that without having plans available to do and that is something that leads us to have certain failures, but for that you have to know the person well, what type of personality they have? to speculate, to invest, to bet, one has to know all this oneself and whatever one chooses has to be very well focused, because what is always going to be risked is money and that is a bet for me, whenever one takes a risk for me it will stink until the money in question is recovered, there is no other way, I don't know how the others did.

Braveness take risk always have chance to earn much profit in the future but when avoid make investing or saving assets will difficult earn profitable or their assets increasing.
Investing have own risk actually when price decreasing by avoid price will drop one day later make us scare want to invest much money exactly in cryptocurrency or other investment way.
Imagine with profitable earn later and how increasing our assets make us motivate for investing in bitcoin and keep believing one day later earn much profitable.

I recently, well to be exact two days ago I was looking at binary options strategies, of course it has nothing to do with bitcoin, but I liked it because they were using a very risky but really useful type of strategy, it was because of compound interest and I really saw how from a balance of just under 10usd I already reached $50k that is something that I really liked, but of course, I have doubts about whether he actually achieved it or if it is all a setup, but this is something that I did like, he explains his strategies, however this trading thing is something very broad, it takes a lot to study it and understand it fully.

10usd to 50k is something that cant really be that possible not unless if you do make up that constant profitable trades with having that compounding. If ever someone shares up this kind of condition then i highly doubt that it would really be that legitimate or something real because if you are making such money then you would really be definitely be zipping out your mouth
and would really be that making cash all the way without having needing to tell someone publicly on which this would really be creating out thatk ind of suspicious whether
its real or really just that a made up story.