Let's explore THE THIN LINE between "Investing" and "Apeing" ...there's been alot of debate on this over the past week.
Let’s be real for a second. We’ve all felt that rush. You see a green candle, and your thumb hovers over the "Buy" button. Is that analysis? Or is that the same dopamine hit you get at a roulette table? 🎰
The debate is never-ending : Is crypto trading actually gambling?
The short answer? Yes - it's gambling. The longer answer? That depends entirely on YOU...
The truth is 90% of people are gambling, how are the top 10% flipping the odds ? LUCK?
I narrowed this down to 3 simple character traits 👇
1. The "Degen" Gambler 🎲
● If you enter the market with zero plan, you are liquidity for the pros. You are gambling if:
^ You trade based on feelings: "I feel like BTC is gonna rip today."
^ You chase green candles: FOMO (Fear Of Missing Out) is your primary strategy.
^ Zero Risk Management: You don't use Stop Losses because "it will come back up."
^ 100x Leverage: You are trying to turn $10 into a Lambo overnight.
In this scenario, the exchange is the casino, and like in the casino there's a saying that goes "the house always wins", and eventually they do. You might get lucky once or twice, but luck runs out...for others sooner than later.
2. The Calculated Trader 🧠
● Professional poker players are technically gambling, but they win consistently over decades. Why? Well my friends, there's a beautiful word that I don't hear us use enough ...
♧ PROBABILITY ♧
^ Trading stops being gambling when you treat it like a business.
^ You only enter a trade when your setup (technical or fundamental) appears. No setup = no trade. PERIOD. FULL STOP.
^ Consider your risk to reward ratio (R:R): i.e. You risk $1 to make $3. Even if you lose 50% of the time, you still make profit. This is a good metric especially if you're just starting out.
^ Emotional Detachment: A loss isn’t a failure; it’s a business expense. Guys and girls this is probably the most important of all things you gota master. Master this and I guarantee you'll be turning much more.
3. The "Alpha" Difference - (Summary)
In my opinion the fundamental difference between a gambler and a trader is control.
^ Gamblers hope for a specific outcome.
^ Traders manage the risk of any outcome.
If you are "apeing" into a meme coin because an influencer tweeted it, without doing your own due diligence admit it:
You are at the casino. And that's okay, as long as you know it. But don't call it investing. Call it what it is... Gambling - you're at the mercy of the house.
This post is getting too long so let's wrap up quickly ⚖️ :
^ Trading is a probability game played in an environment of uncertainty.
^ If you have no system: It is Gambling.
^ If you have a system + risk management: It is Trading.
▪︎ Ask yourself today: Are you here to play, or are you here to get paid ?
▪︎ Do you consider meme coin trading gambling or high-risk investing?
Share your thoughts below 👇
Thanks for the gift 🎁 Binance - Why are you being so nice 👀
I'm watching you 🧐
🫶
