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I saw someone in the chat say: "Macau has no fields, only casinos and salted fish. Myanmar has no land, only dragons and tigers. If you want a better life, getting rich all depends on gambling."
This statement doesn't make sense and reflects a very low level of understanding.
The essence of gambling is a zero-sum game with the house taking a cut; it's a universal rule that most gamblers lose, with the vast majority becoming poorer or indebted from gambling, not rich.
There are fundamental differences between crypto derivatives or altcoin speculation and gambling.
Investing in spot assets is about earning money from long-term asset appreciation. Its fundamentals are value, cash flow, etc., relying on the growth of the asset itself, such as company profits or project implementation.
Ultra-short-term derivatives are speculation, earning money from short-term price fluctuations. They are affected by changes in market sentiment, capital flows, technicals, and other supply-demand dynamics, such as capital inflow or hot trends.
Only gambling is purely about making money based on probabilities and luck, relying on random chance or intuition to profit directly from others' losses. In game theory, this is a zero-sum or even negative-sum game.
If you trade derivatives without any logic, without understanding macroeconomics, capital flows, technicals, news, or sentiment, then you are essentially gambling, and it's almost certain you'll lose.
If you trade derivatives based on macroeconomic logic, holding long-term positions with low leverage, then you're essentially investing.
Only ultra-short-term derivatives trading, combined with technical analysis, capital analysis, sentiment analysis, and comprehensive consideration, using your mind to make money, truly qualifies as speculation.
So, which one are you? #十二月行情展望 #广场发帖领$50