Trading bitcoin, Altcoins versus gambling versus forex trading
I have traded Bitcoin, Altcoins , gambled at Casinos and done forex trading with an aim of making massive gains but so far all have been disappointing
In todays competitive world , winning in anything doesn't come easy and needs careful execution and strategy yet without any assurance of winnings
It's thrilling to put a little investment and earn massive gains but it can also be so depressing. I have lost lots and gained at the same time. It always just feels unhealthy to keep playing with the winds
I always feel am so close to winning and get very restless. For cryptocurrencies, I don't know understand how people manage to hold positions for long periods of time and still make profits. These currencies day in day out act like they on steroids and its so hard to predict where its going. You have to be at the right place at the right time and its extremely difficult to do the timing
Trading Bitcoin and Altcoins is so much harder than gambling at a Casino because the Casino games end and you have to leave the gambling house but for cryptocurrencies, you go to bed thinking about them and still wake up thinking of them. Prices swing so fast that you sometimes wake up and find more than a 20% rise or gain in price
Are there any professional traders always winning at trading Bitcoin and Altcoins ? Am yet to find one
Nothing is guaranteed in the cryptocurrency space and the people talking about it being a store of wealth are delusional. Its simply for Gamblers
Some very early traders made loads of cash holding Bitcoin and still trade today but with caution. These are the success stories of Bitcoin and they teach us one thing, belief.
Should another similar occurrence happen with Bitcoin or any Altcoin today, I will be very disappointed for not catching it and that's what still keeps me playing this dangerous game of trading Bitcoin and Altcoins
Currently losing money will not stop me at speculating and trading cryptocurrencies.
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