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[CrazySher]

In recent years crypto currencies price goes so high and now much more people than before 2017 know what is crypto and many from them stepped in the crypto trading industry, but before you want to invest must know that are you Investing money to get good return or just Gambling.

I mean are you Investing your money in a good crypto or not?

In simple, before investment on a crypto research about it and it's background and future development of project. If there is a crypto with no good project then, no body will develop it and it will backed by nothing So you just invested in a gamble coin.

For example - Bitcoin, Ethereum and Binance have future scope and backed by strong projects and in other hand coins like Doge, Akita inu, Kishu Inu and Shiba inu( an exception: -started as meme but now have some good project) are just meme tokens, and don't have any strong support just pump and dump by hype.

 

[Niftyicon]

With the many sh!tcoins we have being launched by the day just for pump and dump, those are gambling indeed and as you have rightly stated, sound projects are investments with future prospects.

 

[CrazySher]

Oh Man.. how crypto trading could be a gambling !! It is obviously a investment because in many cases Trading doesn't have any risk like Gambling has .

Who said that trading doesn't have risk like gambling a Crypto without project is a Gambling because no strong person or project is backed by it. For example Dubai Coin and Titan.

 

[Wisdom01]

It depends on your perspective because those smaller coin are way cheaper than bitcoin ,ethereum .that is why investors go for them so they can easily earn their profit

 

[SCAMEXPOSER]

Oh Man.. how crypto trading could be a gambling !! It is obviously a investment because in many cases Trading doesn't have any risk like Gambling has .

He is right to an extent , investment on shit coins or meme coins are pure gambling because you will notice most people Invest in them when they are pumping not because they have convincing reason as strong project.

 

[CyberPreNurse]

Crypto Currency trading is only gambling when you do not have sufficient knowledge about it and only follow what is trending as it is the case with so many pump and dump shitcoins.

 

[Josemendez]

Cryptocurrency trading is not really a gambling kind of thing because there is no loss as it is with gambling and one can leave it for as long as he wants but not with gambling

 

[SCAMEXPOSER]

Crypto Currency trading is only gambling when you do not have sufficient knowledge about it and only follow what is trending as it is the case with so many pump and dump shitcoins.

That's just the fact because when you have detailed knowledge of how the market swings you will know when to invest and when to relax.

 

[CyberPreNurse]

Cryptocurrency trading is not really a gambling kind of thing because there is no loss as it is with gambling and one can leave it for as long as he wants but not with gambling

Gambling is sure having more risks as you cannot recover losses even if you wait for years, but with crypto Currencies one can decide to still hold until prices go up again.

 

[SCAMEXPOSER]

Gambling is sure having more risks as you cannot recover losses even if you wait for years, but with crypto Currencies one can decide to still hold until prices go up again.

That's correct , Gambling is one way traffic while cryptocurrency is two ways traffic just like you have said. If one is patient success is certain in cryptocurrency.

 

[CyberPreNurse]

That's correct , Gambling is one way traffic while cryptocurrency is two ways traffic just like you have said. If one is patient success is certain in cryptocurrency.

Most investors lack patience and this makes them to always lose when they panic sell. They do this as they have a gambling mentality in the Crypto Currency investments too.

 

[Josemendez]

That's correct , Gambling is one way traffic while cryptocurrency is two ways traffic just like you have said. If one is patient success is certain in cryptocurrency.

You said it well . Patience is the key , However patience shouldn't stop us from selling when. It is obvious we have made quite a good number of profit.

 

[SCAMEXPOSER]

You said it well . Patience is the key , However patience shouldn't stop us from selling when. It is obvious we have made quite a good number of profit.

That's correct because when the wind of bullish market is set in we do have unimaginable target not knowing that it is not always green in the Crypto currency market. I have learnt a lot during this dip.

 

[BullyMaguire]

I guess we can call trading a gamble but when people buy to hodl its a investment. Not everything that has a risk is a gamble.. but it sort of is

 

[SCAMEXPOSER]

I guess we can call trading a gamble but when people buy to hodl its a investment. Not everything that has a risk is a gamble.. but it sort of is

There is no how that gambling doesn't exist in trading because of the guess work but it is more secure compare to real gambling activities.

 

[microunit]

I'm not sure how trading is an investment, but well if they put it like you just buy at low and hold your position for so long to sell at high , that's just the same as what other are just doing in buying low and selling high

 

[SCAMEXPOSER]

I'm not sure how trading is an investment, but well if they put it like you just buy at low and hold your position for so long to sell at high , that's just the same as what other are just doing in buying low and selling high

Trading is not an investment because the transactions in trading happen in a very short time mostly in hours or at most few days unlike investment that runs in months or years.

 

[sh199]

Agreed with your opinion. Hypecoins are regulated by people's posts. Many investors invest their money without knowing the fundamentals of that project. After some time, they realized they made a mistake. The ideal trader never put their money over 5% into meme coins. They always suggest only keep around 5% of your portfolios into memecoins.

 

[microunit]

Agreed with your opinion. Hypecoins are regulated by people's posts. Many investors invest their money without knowing the fundamentals of that project. After some time, they realized they made a mistake. The ideal trader never put their money over 5% into meme coins. They always suggest only keep around 5% of your portfolios into memecoins.

Hype coins are literally just pump and dump coins as when the hype dies down its demands also go down so majority of them are quite short lived

 

[sh199]

Hype coins are literally just pump and dump coins as when the hype dies down its demands also go down so majority of them are quite short lived

Yeah, for this reason, I prefer to keep around 5% on meme coin in the portfolio. Who knows, one big pump will bring you a high return.