Is Trading Gambling?
This is a question that never goes away. Now that most of us are into cryptos, in one way or another trading cryptos. And there are some of us who treat it not just an exchange from one currency to another, making a profit by playing the odds and making profits (or loss) in the process.
The age-old debate whether it is really a sound business idea or just an addictive where almost 90% you'll be at the losing end. The best way is to get the thoughts of the people who are actually doing it. It is like if you really desire to be an Olympian athlete, go ask an Olympian athlete himself. How do they do it? Asking just anyone else of course would say that being an Olympian is next to impossible and that it would be too difficult for you to accomplish.
So let's listen to the thoughts of two YouTubers who are into trading. These are the channels I always listen to, every time I want to learn about a thing or two on the subject of trading.
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Thanks for telling these youtube channels..
I will surely visit these channels
Yes, these are legit traders that you can learn from.
Yes thanks :)
@tipu curate
Upvoted 👌 (Mana: 3/9) Passive income with @tipU :)
Interesting info
if it is a solid business idea, what is almost always weak is the risk management of those who come in search of quick profits or instantaneous fortunes.
Aside from an effective trading strategy, risk management is also a very important aspect of your trading business.