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Economy => Gambling discussion => Topic started by: omonuyak on January 19, 2019, 07:36:56 AM



Title: Outside risk: similarities between gambling and trading?
Post by: omonuyak on January 19, 2019, 07:36:56 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?


Title: Re: Outside risk: similarities between gambling and trading?
Post by: zhekinsp on January 19, 2019, 07:39:59 AM
Gambling is simply believing our luck to make money but in trading it comes skills into play with little bit of luck and when you are much experienced in trading you can know the conditions well among the others and can decide what is best for you but in gambling experience is nothing.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: el kaka22 on January 19, 2019, 08:30:47 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?
There are two types of trading are available: day trading (scalping in forex)  and positional trading (long-term trading in crypto).
It means you can approach trading either in gambling way or you may trade like a professional. It is up to you.

There are many similarities and at the same time there are big differences between gambling and trading. How we are approaching these is the big decider here. You should make sure what you're doing and why you are doing and that is being called trading and you can do anything at any time by just listening to your emotions is a way of gambling.

I believe we can go for trading in gambling way (then results also might be similar to gambling) and at the same time if we approach gambling in more determined way, still there will be less possibility for obtaining the desired results in gambling. This must be a another difference between trading and gambling.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: playboy654 on January 19, 2019, 07:21:31 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?


Gambling is not like trading trading gives you the hundred percent profit while you can do the 100% work but gambling is not like that if you put hundred percent you can get 200% this will be the main difference and it will be not sure in the profitable way.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: pixie85 on January 19, 2019, 11:01:29 PM
There were many similar threads in this section you might want to look for them.
To me trading volatile markets and shitcoins is the same as gambling. In traditional markets you can do some TA because these markets work much slower and are less influenced by FUD. Trading cryptocurrencies is very hard and the volatility is very high. If you use leverage you are going to lose it all sooner or later.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Oceat on January 19, 2019, 11:30:13 PM
This must be a another difference between trading and gambling.
They may be similar in some way, but during their worst cases, I don't think there is a similarity between these two, though both were using the emotions. But at the same time, the result is not the same.

We may find trading and gambling that is almost the same at the same yet both has a different outcome when it comes to their worst.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: FlightyPouch on January 20, 2019, 12:15:40 AM
These two has a lot of similarities with each other, for example risk and analyzing. Gambling and investing may not be the same but we are all risking our money to earn more. Though investing also includes risk, it is better than gambling. I earned a lot from investing in years, there are also some losses but I do earn than loss unlike gambling.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: ralle14 on January 20, 2019, 06:35:26 AM
Both of them are unpredictable not all the time though. Risk management can be applied between the two because of the risk obviously. Since there's no specific gambling game is mentioned we could say skill is a similar factor that can help you. Timing is another example that you can sometimes experience but I think this falls on the luck part.

So much fun that's the similar in gambling and in trading then this two give so much convenience everytime we try to risk in this example in crypto's gambling we only need to click our phone or laptop like if we play then in trading we only can take risk a little and if you compare this in real life you can't find like this crypto's gambling then in crypto's trading like everytime we gamble or we do invest
Gambling can be fun because you're playing a game but with trading I don't know how does one find it fun to trade.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: shoreno on January 20, 2019, 11:44:56 AM
So much fun that's the similar in gambling and in trading then this two give so much convenience everytime we try to risk in this example in crypto's gambling we only need to click our phone or laptop like if we play then in trading we only can take risk a little and if you compare this in real life you can't find like this crypto's gambling then in crypto's trading like everytime we gamble or we do invest

gambling is more easy but its hard to win although its fun but trading is not so easy but it can give you a secure profit .  some people find it fun whenever they do trading while some dont treat gambling as a fun activity but they only gamble because they want to earn a cash  .


Both of them are unpredictable

trading is basically more predictable because we can based on different factors such as news , speculations , fuds , etc . while in  gambling it is mostly lucks that will give you winnings  .


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Thanasis on January 20, 2019, 12:42:59 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?
The similarities are both are doing with the hope of winning the moment but in trading you can be experienced and skillful whichbcan make you a successful trader but gambling is not related to anything other than skills and trading is a job whether gambling is an entertaining activity.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: UmerIdrees on January 20, 2019, 05:08:11 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

Gambling and trading are totally different things but still i will try to highlight you the main differences.

Gambling: No Skills, Based on luck
Trading: Need Skills, No luck Needed

Gambling: More Risk, More Reward
Trading: Less Risk, Less Reward

Gambling: Experience does not matter
Trading:  Experience makes you a perfect trader


Title: Re: Outside risk: similarities between gambling and trading?
Post by: AnotherBTCNoob on January 20, 2019, 05:27:59 PM
People here stating gambling is all luck and no skill haven't a clue what they are talking about. Perhaps the 2% of people who actually generate consistent profits at the bookies or on the sports exchanges are just lucky all the time yes?


Title: Re: Outside risk: similarities between gambling and trading?
Post by: bering on January 20, 2019, 06:13:04 PM
From trading and gambling i was can made profit but often too lost and in my view both actually needed luck to do so but gambling slightly risky than trading because in trading you can use your trading knowledge to minimize lost but in gambling if you have no luck then whatever method you use it will not avoid you to lost


Title: Re: Outside risk: similarities between gambling and trading?
Post by: PeRo on January 20, 2019, 06:57:11 PM
I have tried both, they are similar but trading is better if you want to actually make profit, gambling is mostly loss(unless you know what you're doing). It is a similar system, you give some money for a chance to make a big profit or lose it. The only difference is that in gambling you lose everything you gave, but in trading you lose the differnce between buy and sell value. All in all, I would leave gambling to be a hobby.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: leowonderful on January 20, 2019, 07:08:57 PM
There's risk in both trading and gambling, but it's definitely possible to make a profit in both gambling and also trading as long as you've figured out a strategy in order to make a profit and you correctly follow it, like using proper risk management in both trading and gambling so you don't lose all your funds on a few highly leveraged trades or a few bets/rolls in dice. There are indeed some games out there that require no skill and are completely luck, however, like dice on a crypto casino- you're guaranteed to lose in the long run under normal operation under most circumstances.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Belec on January 20, 2019, 09:17:30 PM
In today's trading, there is a steady job, while gambling is only for those who do it well. The greatest simulation is not certain. In gambling and trading, we have people who try something that does not know the self-confidence in themselves, but unlike gambling, the trade is less dangerous and can not become an infection as gambling, while we have a situation where people with gambling lose the roof over their heads.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: swogerino on January 20, 2019, 10:07:56 PM
Trading is a bit less riskier as it is supposed that you know what you are doing and you know the markets in general where in gambling you can be cheated by a low odd and think you are going to win without further thinking. Other than this not major differences, addiction is the same both in gambling and in trading you risk to lose big.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: rodel caling on January 20, 2019, 10:35:28 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?


The similarities between trasing and gambling same need to be knowledgeable  skills  and patience are very umportant to avoid panic during trading or while playing in gambling because of cause of the risk.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: jossiel on January 20, 2019, 11:08:45 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?
I don't do forex so I can't give more details about that. But the similarity like what they said about the risk, they are identical but measuring the risk with gambling and trading. Everyone will agree that there's a bit more advantage to recover in trading.

While in gambling, risk is higher and if you're in the verge of losing a lot you'll just lean on your luck. There's also luck in trading but it's highly more of analysis and you need to allot your time on it seeking what coins shall have a good future for long term investors. And for short term investors, they need to be on trend looking for coins that moves from time to time but it's also more of a gamble because you have no idea when the trend for these coins shall stop.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Caladonian on January 21, 2019, 11:26:22 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

High risk for those who jumped in without any proper knowledge, both sides needs to have good understanding, especially when you are dealing with trading, you will be able to justify your position and able to anticipate next possible movements when you have good knowledge about the assets that you are holding, you can quit much earlier before things went to wrong directions when you have good understanding of the current flow.

With gambling, knowledge and skills  will give you some good advantage, basing with previous experience you can also make a proper call and leave the house before you suffer big losses.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: xWolfx on January 21, 2019, 09:46:33 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

High risk for those who jumped in without any proper knowledge, both sides needs to have good understanding, especially when you are dealing with trading, you will be able to justify your position and able to anticipate next possible movements when you have good knowledge about the assets that you are holding, you can quit much earlier before things went to wrong directions when you have good understanding of the current flow.

With gambling, knowledge and skills  will give you some good advantage, basing with previous experience you can also make a proper call and leave the house before you suffer big losses.

I would add to this good answer that the trading aspect works for every assets you are currenly holding or planning to hold. However with gambling it is extremely relative also depending on the game itself.

You can't say that a wheel spin and a poker game require the same level of skill to be successful, without counting that your level of control over each game also varies.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: imstillthebest on January 21, 2019, 11:49:01 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

High risk for those who jumped in without any proper knowledge, both sides needs to have good understanding, especially when you are dealing with trading, you will be able to justify your position and able to anticipate next possible movements when you have good knowledge about the assets that you are holding, you can quit much earlier before things went to wrong directions when you have good understanding of the current flow.

With gambling, knowledge and skills  will give you some good advantage, basing with previous experience you can also make a proper call and leave the house before you suffer big losses.

I would add to this good answer that the trading aspect works for every assets you are currenly holding or planning to hold. However with gambling it is extremely relative also depending on the game itself.

You can't say that a wheel spin and a poker game require the same level of skill to be successful, without counting that your level of control over each game also varies.

The success on trading will only depend on the coins you buy and trade . let say you chose a btc or other top alts . you can always assure that you can get a good return for your capital but  if you chose unkown tokens and alts then the risk is verry big  . you wont know if the coin you hodl can still recover or not  .  

While in gambling it also depend on the game you play  .  some require pures luck while some needs some a bit of your skills .


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Dreamchaser21 on January 21, 2019, 11:56:06 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?
The only difference is that, in gambling you don’t need to study much but it can give you big profit, and in trading you have to make a lot of effort and still profit is not guaranteed. Both have their own risk, but luckily I made some profit in gambling and in trading its a lot more easy to have the profit. Both are good if you know how to play it well.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: goaldigger on January 22, 2019, 10:46:33 AM
I bet trading has lower risk than gambling specially if the goal you have is for long term. Trading has a basis and you can predict the most profitable coin and time by studying it whilst gambling is just win or lose and its now or never. The skills poured are also different. Trading requires a lot of skills to earn while gambling doesnt have any. They are just similar because you are both using crypto and you risk your money to earn more.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Juggy777 on January 22, 2019, 10:58:07 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

The only things common between trading and gambling is that both are risky and equally rewarding but there’re differences between their risk and the rewards. When you’re gambling you’re playing with your luck and are depending on an uncertain event to go in your favour and in trading you can study and avoid it. Also it’s pertinent to note that in both scenarios your greed can destroy you, if you don’t keep it in check.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: crzy on January 22, 2019, 11:31:01 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?
Don’t invest, trade or gamble if your appetite can’t afford to take the risk. Both are rewarding but in a different way since gambling is more on luck and trading is about the hard work. Do your homework, study which market can be good for you, so far i find my luck on trading.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: BitcoinGirl.Club on January 22, 2019, 11:36:48 AM
I don't think it ok to compare gambling and trading. Trade is skill, understanding the market on the other hand gambling combines with luck and research. The main problem with gambling is that holding the nerve, not becoming greedy. Most of the time in-fact every time people lose money in gambling because they lose focus and gets greedy. They think it's easy money. Gambling can not be a healthy profession however trading is a well established profession.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: michellee on January 22, 2019, 12:33:07 PM
I think in both gambling and trading, we can use to make a profit but I still prefer trading because we have a big chance to make the profit. But we cannot deny that there is a gambler who can win with ease and he can get a profit too in trading. I think my bigger income came from trading than gambling because I don't use a big money in gambling and in trading, I have many opportunities to get the profit from many coins.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: tokeweed on January 22, 2019, 02:17:39 PM
Another thing how gambling and trading mirrors each other is losing money.  Lololol.  It's so easy to lose a huge chunk of your money without any form of bankroll management.

So yeah...  I guess the best advice given to noobs is to find some sound bankroll management strategy that works for them. 


Title: Re: Outside risk: similarities between gambling and trading?
Post by: romero121 on January 22, 2019, 04:57:57 PM
Another thing how gambling and trading mirrors each other is losing money.  Lololol.  It's so easy to lose a huge chunk of your money without any form of bankroll management.

So yeah...  I guess the best advice given to noobs is to find some sound bankroll management strategy that works for them. 
Well that's a good plan. Apart from this, noobs need to understand about the good and bad before getting into the gambling. Because, out of luck or through some sort of technical analyzing winning happens. One cannot expect this to happen for a longer time period, so need to manage the bankroll accordingly, also need to set up the limits for spending on events to have a steady participation into gambling.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: akram143 on January 22, 2019, 05:18:26 PM
Another thing how gambling and trading mirrors each other is losing money.  Lololol.  It's so easy to lose a huge chunk of your money without any form of bankroll management.

So yeah...  I guess the best advice given to noobs is to find some sound bankroll management strategy that works for them. 


Both gambling and trading had some similar qualities it will be not like anything when you entered into this field you can definitely no this and risks also not has bigger than any other business you know gambling has either profit or loss it will be more than we expect but in trading we expect some profit and expect some losses also so it will be common thing.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: hahay on January 22, 2019, 09:27:59 PM
I don't have much experience in trading, but as far as I feel, gambling and trading are very different. If in gambling we cannot take our money back at the table and it will only disappear, but in trading we can still take our money when we feel panic and better sell it while still allowing us to cut losses that might happen bearish. Again, gambling is a pure luck factor, but in trading it is a good strategy and analysis that will make you profit. Imho


Title: Re: Outside risk: similarities between gambling and trading?
Post by: tokeweed on January 24, 2019, 12:38:41 PM
Another thing how gambling and trading mirrors each other is losing money.  Lololol.  It's so easy to lose a huge chunk of your money without any form of bankroll management.

So yeah...  I guess the best advice given to noobs is to find some sound bankroll management strategy that works for them.  


Both gambling and trading had some similar qualities it will be not like anything when you entered into this field you can definitely no this and risks also not has bigger than any other business you know gambling has either profit or loss it will be more than we expect but in trading we expect some profit and expect some losses also so it will be common thing.

English obv isn't your first language, but yeah...  I think I get what you mean.  Same type of mindset is needed in either gambling or trading, same type of psychology needed for dealing with losses/risk and same type of control for managing greed when winning/running good.  Yup yup.  :)


Title: Re: Outside risk: similarities between gambling and trading?
Post by: avikz on January 24, 2019, 03:37:14 PM
I don't have much experience in trading, but as far as I feel, gambling and trading are very different. If in gambling we cannot take our money back at the table and it will only disappear, but in trading we can still take our money when we feel panic and better sell it while still allowing us to cut losses that might happen bearish. Again, gambling is a pure luck factor, but in trading it is a good strategy and analysis that will make you profit. Imho

Correct! Gambling and Trading are two very different things even though there are some similarities between these two. Once you have rolled the dice or placed the money on the table, you can't have it back unless you win the game. On the other hand, you can either put stop loss or square off the trade at any time if you think you are not going to make profit from that trade. Also gambling is a game of pure luck (except sports betting) while trading is a calculated risk that we take. There are calculations behind every trade that we execute but when we gamble, we leave it to our luck! These two things can't be or shouldn't be clubbed together! 


Title: Re: Outside risk: similarities between gambling and trading?
Post by: emberbekas on January 24, 2019, 04:52:17 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

Because I only use cryptocurrency for gambling and trading purposes, I have the following conclusions. In some cases, gambling and trading may have something in common. It is when we take actions based solely on our feeling that we get when we overseeing the price movements. Mostly the decisions will be taken shortly.

One thing that I think makes them different is the duration of the end result of an action we take on both. Gambling is an action whose results will be immediately known and we cannot do anything else when the results are out. Whereas in trading, we have the freedom to determine our respective choices, when we will end our session. For example, today we buy bitcoin at a price of $ 3580 and a few days later, the price drops drastically. At that time the final result will be determined by ourselves. Whether we will cut loss it or keep holding it until the asset value increases again.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: BitBustah on January 24, 2019, 05:02:00 PM
Trading is more skill based than gambling.  Outside of sports betting and poker, gambling is mostly based on luck and very little skill is involved.  They are both zero-sum games though, for someone to gain money another party must lose.

Gambling is much more friendly to newcomers than trading is.  A newbie jumping right into the crypto markets will get intimidated and most likely get slaughtered.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Thanasis on January 25, 2019, 05:01:51 AM
I don't have much experience in trading, but as far as I feel, gambling and trading are very different. If in gambling we cannot take our money back at the table and it will only disappear, but in trading we can still take our money when we feel panic and better sell it while still allowing us to cut losses that might happen bearish. Again, gambling is a pure luck factor, but in trading it is a good strategy and analysis that will make you profit. Imho
Both were completely different but we are doing both with our hope to make money. Trading will not be profitable for everyone,but when we are skillful and have enough patience then we can make money but gambling winnings is not in our hands.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: stomachgrowls on January 25, 2019, 05:25:44 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?
We cant really compare between two things- An investment to Entertainment thing.

The same thing on both is that they always have the risk of losing money. The difference is the level of risk because one can be lessen through skills and one cant be changed when it
comes to dependable on luck.

Trading on forex and crypto would really be like gamble in the sense where you dont know on what you are doing.Mistakes and losing out money is inevitable but trading has the
edge when we do talk for long term profits once you do have the idea on what you are doing.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Indrawan77 on January 25, 2019, 09:20:32 AM
Gambling and trading are different in risk and reward, in gambling usually the risk of losing is higher due to the house edge, in trading we can increase our winning chance using data, chart and indicators, the reward of gambling can be higher than trading, in trading making 10% profit is already consider as high, but in gambling winning 10% is still a small percentage


Title: Re: Outside risk: similarities between gambling and trading?
Post by: crwth on January 25, 2019, 09:51:52 AM
I've wanted to post a similar topic, both comparing gambling, and trading. It's evident that both have risks and those risks are the ones that were going to let you get a profit or get a loss. That's the gist of it. If we're talking about trading, we will see that we need to predict the correct time of the price, whether going up or down (if we're talking about margin trading) or bet that we are going to be in a bull run (spot trading). For gambling, you would either go high or low, if you're playing on dice. That's the similarity for me. The risk that you are willing to take plus the amount you can get with the amount you are risking.

I think if you are going to choose between the two, it's better to select both because they are both in different areas. More chances of profiting with the right conditioning.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: romero121 on January 27, 2019, 11:59:27 AM
I find the risk with gambling higher than that of the risk one experience with trading. While getting into gambling we need to be prepared enough to loss, and should spend the one that will never affect our living at any instance, because the loss experienced is forever. With trading when market fluctuates we get an earning according to the variation. If it moves forward profiting takes place based on our holding. The same when falls low, we get loss reflected on the holdings.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Oilacris on January 27, 2019, 02:06:39 PM
The similarities of both are just the risk but the chances in trading to gain profit is higher than gambling. Gambling is about of your luck and skills in a certain games but trading is different, you don't need luck on this to know how to gain the profit. Once you have the knowledge, patience and skills, you are doing good in it as long as you gain a profit.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: whirlcoin on January 27, 2019, 06:47:45 PM
The similarities of both are just the risk but the chances in trading to gain profit is higher than gambling. Gambling is about of your luck and skills in a certain games but trading is different, you don't need luck on this to know how to gain the profit. Once you have the knowledge, patience and skills, you are doing good in it as long as you gain a profit.



I have seen a similarity between gambling and trading was both the huge money making way but in gambling it will not be predictable by us and in trading it can be predictable a little more but a person will definitely need an interest for doing both these things.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: BUK2016 on January 27, 2019, 07:55:56 PM
I strongly believe that gambling is more risky as compared to trading forex and crypto currency in my opinion. Although it is more easy for one make high return if you are lucky in gambling as compared to trading which simply means the higher the risk the tendency for one to make more money.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Ucy on January 27, 2019, 08:14:13 PM
They aren't in any way similar. Gambling is mostly based on luck while trading is somewhat predictable. I could decide to trade today and be sure of making money that day.  This isn't the case for gambling


Title: Re: Outside risk: similarities between gambling and trading?
Post by: shoreno on January 29, 2019, 06:22:35 AM
They aren't in any way similar. Gambling is mostly based on luck while trading is somewhat predictable. I could decide to trade today and be sure of making money that day.  This isn't the case for gambling


not all gambling are based on luck because some are actually based on skills but they arent predictable because a loosing situation can can sometimes turn the tides and can make an epic comeback  . trading on the other hand is not predictable because many factors can affect the price .  some traders based on the charts and on other reference but why they still failed to make a good profit  ?  i do both trade and gamble  . thats why i know how it feels  .


Title: Re: Outside risk: similarities between gambling and trading?
Post by: wuvdoll on January 29, 2019, 06:36:20 AM
not all gambling are based on luck because some are actually based on skills but they arent predictable because a loosing situation can can sometimes turn the tides and can make an epic comeback  . trading on the other hand is not predictable because many factors can affect the price .
Both trading and gambling are unpredictable and only up to some levels our skills are penetrable beyond that levels, we need to depend on our lack to favor us, nothing else could help us there. Both in gambling and trading, if our luck favors then we could fish on anywhere. Still in trading, your skills may push your luck to favor you whereas gambling is not having such room for maximizing chances for your luck to favor you.

some traders based on the charts and on other reference but why they still failed to make a good profit  ?  i do both trade and gamble  . thats why i know how it feels  .
Even you are having all the experience and skill about trading, losses could not be avoided in a highly volatile markets. Because, market is influenced by 1000s of factors and no one could analyze all those factors to safe guard their trading assets. This must be the reason why some people do consider trading and gambling are same things to approach.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: NavI_027 on January 29, 2019, 07:31:31 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading.
In addition, not only gambling and trading are the same because we can also considered hodling crypto or even establishing a business as the same thing. They are all the same in a sense that you are risking your money in a thing you are not sure about. However, few of the stated exmaples are more feasible of gaining profits compare to others — these are doing a business and crypto trading. I believe that it's possible to earn through these because it is more of a strategic gameplay than just lucky-based. So for those investors out there, try first safer ways of earning money, set it as your training field before dealing in riskier ones.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: michellee on January 29, 2019, 10:03:33 AM
I strongly believe that gambling is more risky as compared to trading forex and crypto currency in my opinion. Although it is more easy for one make high return if you are lucky in gambling as compared to trading which simply means the higher the risk the tendency for one to make more money.

It is better to get luck in crypto trading more and more than in the gambling because we are not going to see the luck will come to us in many times in gambling game. But in the crypto trading, we can see the luck will come to us in many times since we have so many coins that can give us the profit. But still, we need to have skills in trading so we can make that profit and if necessary, we could learn from many resources to help us to increase our skills.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Ararbermas on January 29, 2019, 12:01:35 PM
Actually tading and gambling are very similar because they are both profitable and risky.  But for me in my opinon if i will choose both when it comes making profits. probably i prefer trading because it's so easy to predict and less risk than gambling . Even though gambling is so fast when it comes gaining quick profits because there's a tends that we will end up lossing capital suddenly because of being unpredictable.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: justspare on January 30, 2019, 12:56:16 PM
Even though gambling is so fast when it comes gaining quick profits because there's a tends that we will end up lossing capital suddenly because of being unpredictable.
This is just a myth and an universal truth at a same time. Gaining quick profits will never be possible in gambling but it is possible in trading and both in gambling and trading, we may lose in sudden. I mean the risk of losing is same in both gambling and trading. In terms of predictability, trading gets more votes against gambling hence trading becomes the favorite one for many people including you.

Even though there are many similarities between gambling and trading, we cannot engage into one by having experience in another one. But, many people are not understanding this fact and doing trading with the experience of gambling and then biting the dust.

I believe studying the similarities between trading and gambling is good only for theoretical purpose only. Because, this kind of discussion should not help people to trade like how they are gambling as it will double their risk. But, I believe we may gamble like we do trading.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: semobo on January 30, 2019, 06:05:48 PM
They aren't in any way similar. Gambling is mostly based on luck while trading is somewhat predictable. I could decide to trade today and be sure of making money that day.  This isn't the case for gambling

But there same as well in the case of trading,we can't make anu assurance that we can make profits today because the prices are completely unpredictable.It will go upwards one day and completely downwards for few weeks so it is also need luck to be profitable.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Ucy on February 02, 2019, 09:37:16 AM
They aren't in any way similar. Gambling is mostly based on luck while trading is somewhat predictable. I could decide to trade today and be sure of making money that day.  This isn't the case for gambling


not all gambling are based on luck because some are actually based on skills but they arent predictable because a loosing situation can can sometimes turn the tides and can make an epic comeback  . trading on the other hand is not predictable because many factors can affect the price .  some traders based on the charts and on other reference but why they still failed to make a good profit  ?  i do both trade and gamble  . thats why i know how it feels  .

Interesting. I didn't know this. I am new to gambling by the way. I have always thought it was a game of probability. Could you please show what kind of the gambling requires skill? I honestly never liked stuff I have no control over.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Bagaji on February 02, 2019, 10:02:42 AM
May i come this way, that similarities between gambling and trading are far apart from each other; gambling is a game of chance but trading is a game of skills even though is not 100% sure but without skills it amount to zero. The gain from gambling is much pretty high compare to that of trading which can come in bits or daily with an average percentage of 1-3%.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: koroke on April 20, 2019, 02:09:59 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

Based on my experience being with both trading and gambling, you can be able to gain an earning with both way but on different manner. Upon doing trading, you can earn based on the movement in the price market once you have put the desirable amount in any crypto currency that you wanted to trade off. It is just a waiting game until someone will get into the price you have set and then you can earn your money then. Upon doing gambling, the possibility of earning is based on your luck but it is really fun unlike trading because in gambling, you do have a chance to have fun on playing gambling games and test your luck to win the rewards which will enable you to earn from it. That is what I have basically experienced upon getting engage into the best crypto casino which is the  Vegas casino (https://vegascasino.io/casino/video-slots/crazy-bananas?utm_source=cccb) wherein I do exercise the usage of my crypto specially Bitcoin because it accepts Bitcoin deposits to enjoy their variety of games like roulette, poker, slots and more as well as enjoying their great deals of bonuses for doing my deposits into it.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: maydna on April 20, 2019, 04:20:12 AM
I think the similarities between gambling and trading is we can get lose in anytime. We could risk the same things, but we have a chance to make a profit from trading. In my experience, gambling is riskier and danger than trading because in gambling, we don't know when we are lucky, and we can lose all money if we cannot manage and make a limit on every bet.

Both gambling and trading can be a way to make a big profit because when we are winning in the games, or we can sell at a high price, then it means we are making a profit. But many of us are too greedy in gambling and trading and make us get to lose the money. That is what we need to learn so we can prevent the big lose.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: webtricks on April 20, 2019, 05:45:32 AM
I think the similarities between gambling and trading is we can get lose in anytime. We could risk the same things, but we have a chance to make a profit from trading. In my experience, gambling is riskier and danger than trading because in gambling, we don't know when we are lucky, and we can lose all money if we cannot manage and make a limit on every bet.

The main difference I think between the two is that Gambling is purely a fun activity while trading is professional activity. I don't think risk is right factor to differentiate between the two. Trading is as much risky as gambling is when it comes to crypto trading. Cryptocurrencies can fluctuate at higher degrees from small-small news and rumors. That make them very vulnerable investment. Until and unless huge inflow of capital comes to Crypto Market, crypto trading is nothing less than gambling.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Ucy on April 20, 2019, 03:30:40 PM
I think the similarities between gambling and trading is we can get lose in anytime. We could risk the same things, but we have a chance to make a profit from trading. In my experience, gambling is riskier and danger than trading because in gambling, we don't know when we are lucky, and we can lose all money if we cannot manage and make a limit on every bet.

The main difference I think between the two is that Gambling is purely a fun activity while trading is professional activity. I don't think risk is right factor to differentiate between the two. Trading is as much risky as gambling is when it comes to crypto trading. Cryptocurrencies can fluctuate at higher degrees from small-small news and rumors. That make them very vulnerable investment. Until and unless huge inflow of capital comes to Crypto Market, crypto trading is nothing less than gambling.


It's Interesting you say gambling is fun for you. Some people think it is not fun because it involves investments and rewards.

As regards the part concerning huge flow of capital, I don't think this is necessarily true. Day traders don't really need the huge flow of capital to trade successfully .  They earn reasonably from the regular up and down price movements.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: mersal on April 20, 2019, 07:20:34 PM
I don't compare the gambling with trading there are lots of difference between them when comes to trading it will always work only with your your your hard work and smart work but in gambling is not like that you need to make trust and confidence with it if it was successful it all about your luck only.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Pattart on April 20, 2019, 07:48:39 PM
I find the risk with gambling higher than that of the risk one experience with trading. While getting into gambling we need to be prepared enough to loss, and should spend the one that will never affect our living at any instance, because the loss experienced is forever. With trading when market fluctuates we get an earning according to the variation. If it moves forward profiting takes place based on our holding. The same when falls low, we get loss reflected on the holdings.
I think the risks in gambling and trading cannot be compared and equated, both have different bases for winning and profit,
in trading risk can be minimized by strategy and skills. in gambling, you can't do that


Title: Re: Outside risk: similarities between gambling and trading?
Post by: maydna on April 21, 2019, 02:47:20 AM
I think the similarities between gambling and trading is we can get lose in anytime. We could risk the same things, but we have a chance to make a profit from trading. In my experience, gambling is riskier and danger than trading because in gambling, we don't know when we are lucky, and we can lose all money if we cannot manage and make a limit on every bet.

The main difference I think between the two is that Gambling is purely a fun activity while trading is professional activity. I don't think risk is right factor to differentiate between the two. Trading is as much risky as gambling is when it comes to crypto trading. Cryptocurrencies can fluctuate at higher degrees from small-small news and rumors. That make them very vulnerable investment. Until and unless huge inflow of capital comes to Crypto Market, crypto trading is nothing less than gambling.


It's Interesting you say gambling is fun for you. Some people think it is not fun because it involves investments and rewards.

As regards the part concerning huge flow of capital, I don't think this is necessarily true. Day traders don't really need the huge flow of capital to trade successfully .  They earn reasonably from the regular up and down price movements.

We need to think that gambling is only for fun, nothing less. When it's related to the investment and rewards, there will be a risk with both gambling and trading, and we should prevent the risk.

Traders who use daily trading don't need to use big money to trade because they will have skills to choose the right coins so they can make a profit every day. The profit itself will vary each day because it follows the market movement, but they can get it in every day.

But of course, if a trader can use big money to trade in the daily trading, then we will be able to earn a bigger profit too especially if he can combine all things that he has in trading and that will support him to earn more money.

But in gambling, if you use big money, then it's no guarantee for you to make a profit in the game base on luck.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Ailmand on April 21, 2019, 03:54:54 AM
They are similar in terms of risk. In gambling, we do it for fun and we really got no assurance if we're going to win or not. If we're going to gain something or not. In trading, we need skills and strategies. I find it less risky than gambling. They both profitable yet could provide us a different result.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Cacingkemi on April 21, 2019, 05:31:07 AM
Not similarities IMO gambling has a loss until your funds run out are not left but if you win it will get more profit fast, while trading is a system of demand and supply if you lose only a little and if you get win only a little profit. Gambling is a game to look for luck while trading must master market strategy skills.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Ryker1 on April 21, 2019, 06:05:03 AM
Not similarities IMO gambling has a loss until your funds run out are not left but if you win it will get more profit fast, while trading is a system of demand and supply if you lose only a little and if you get win only a little profit. Gambling is a game to look for luck while trading must master market strategy skills.
Well, that was the different things among them all, trading needs to master your skill of analyzing and good timing while gambling is a form of the game were you entertain while executing on it. But, speaking of risk they are all both risk that might you have a huge of losses if you don't know how to manage with it. Indeed, I must prefer gambling rather than trading, I don't want to have a headache in trading.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: TheCoinGrabber on April 21, 2019, 08:36:05 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

Far less outside risk with gambling. With trading you'd have to worry about manipulation and everyone else's irrationality.

With gambling there's only chance. Games like dice and roulette are pure chance. Card games have a slight degree of predictability since you are all sharing the same deck.

It seems easier to make money trading though, even if you're just doing btc↔usd.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: webtricks on April 22, 2019, 12:34:14 PM
I think the similarities between gambling and trading is we can get lose in anytime. We could risk the same things, but we have a chance to make a profit from trading. In my experience, gambling is riskier and danger than trading because in gambling, we don't know when we are lucky, and we can lose all money if we cannot manage and make a limit on every bet.

The main difference I think between the two is that Gambling is purely a fun activity while trading is professional activity. I don't think risk is right factor to differentiate between the two. Trading is as much risky as gambling is when it comes to crypto trading. Cryptocurrencies can fluctuate at higher degrees from small-small news and rumors. That make them very vulnerable investment. Until and unless huge inflow of capital comes to Crypto Market, crypto trading is nothing less than gambling.


It's Interesting you say gambling is fun for you. Some people think it is not fun because it involves investments and rewards.

So you consider the wagered amount as investment? Well, I have listen this perspective for the first time. I don't think anyone who gambles do it as a standard profession. The primary motive behind gambling is 'fun' element. That's why the term 'play' is used with gambling.

Quote
As regards the part concerning huge flow of capital, I don't think this is necessarily true. Day traders don't really need the huge flow of capital to trade successfully .  They earn reasonably from the regular up and down price movements.

You completely misunderstood what I wanted to say. I would suggest you to read again.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: samputin on April 27, 2019, 12:37:20 AM
The attempt to create a capital gain over a relatively short period of time is also what makes trading and gambling similar. Because there is no new wealth created, this makes both of them viewed skeptically especially that their outcomes are unpredictable. But, there are people who are also successful when it comes to these two. But their success comes with skills which took them years to become proficient. And 'success' for them is more of 'steady regular income' rather than just a 'one time-big time' thing. However, this statement is more applicable to traders because in gambling, you have a negative expected return so the house will be on top of you in the long run.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Johnzky on April 27, 2019, 02:25:43 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?
Actually for me Trading is.more riskier than gambling as the volatility of cryptocurrency is always indeed when we are trading while in gambling we are just aiming for the win while enjoying so the lesser pressure we have is more chances of winning. And another thinh is trading is not for every cryptonians since.lots of accounts that tried to trade fails and did not even enjoy their stay in trading world


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Jaycee99 on April 27, 2019, 03:17:58 AM
I do not literally gamble here but interested and wanting to. I gamble and bet on things with friends like in a casino base from what I see in a movie besides you needing knowledge when it comes to card there is one that you predict and win a high price (just what I saw from action movies that there settings is a casino). So likely I play and gamble with my friends who win and lose and there is money right? always doing that when we get the chance(plus been practicing to play poker on a game in my cellphone).

Here I have a little knowledge about trading and gambling in which getting your money out from your bank. Now the with trading and gambling there is predicting and studying a little when you gamble basing from my experience predicting the market value to trade and invest, it is a risk.

The same time with gambling it is a risk as well but sometimes you predict without knowing the background have the idea and the same as trading you gamble/predict with having idea.

I hope you understand I just want to help even you ask for the most experienced.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: libert19 on April 27, 2019, 03:20:05 AM
I find both nearly same, but in gambling everything is random, you can't predict outcome of something while in trading you can draw charts and make predictions.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Caladonian on April 27, 2019, 04:51:03 AM
I find both nearly same, but in gambling everything is random, you can't predict outcome of something while in trading you can draw charts and make predictions.
They have similar risk but the way players understand it will be different, for traders they have some charts to follow the patterned and use as references giving them some extra edge to anticipate the market run, while in gambling, most pro gamblers also have a patterned to followed, they've created this strategy to build a working one for their benefits, the end results will be different from those two, as traders can be done decently while gambling will ends up addictive if you won't be able to control yourself.

Both includes money management, taking actions controlling how much you can handle the risk.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Janation on April 27, 2019, 05:04:28 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

Gambling and trading are totally different things but still i will try to highlight you the main differences.

Gambling: No Skills, Based on luck
Trading: Need Skills, No luck Needed

Gambling: More Risk, More Reward
Trading: Less Risk, Less Reward

Gambling: Experience does not matter
Trading:  Experience makes you a perfect trader

This depends.

I mean there are some gambling games that don't really require huge luck but skill and also knowledge of the team and the game that you are betting on. Also, in trading, knowledge is also needed. Knowledge means you have the experience but it is a good thing to have as a trader. Experience does matter in gambling, trust me.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: tsaroz on April 27, 2019, 05:54:24 AM
Well you can earn money on both but I don't find anymore similarities between them.
Gambling is pure luck. There's nothing you can do except pray. While trading is mostly you knowledge and how you analyse the data you have.
As of outside risk, there are no such thing as outside risk in gambling while there are many sorts of factors that affects trading whether it be stocks, forex, commodities or cryptocurrencies.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: BeGoods on April 27, 2019, 06:32:51 AM
Not similarities IMO gambling has a loss until your funds run out are not left but if you win it will get more profit fast, while trading is a system of demand and supply if you lose only a little and if you get win only a little profit. Gambling is a game to look for luck while trading must master market strategy skills.
You right, I think there is no outline similarity between gambling and trading, gambling does not need skills such as trading, does not need analysis, and deep knowledge. for the amount of risk in gambling it cannot be changed with your power, skills do not play a role in gambling, doesnt like in trading.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: beerlover on April 28, 2019, 07:19:34 AM
I would say that trading is just the same as gambling. And I will be listing down some of the similarities below :

*Both gambling and trading works with studying past result and making analysis to study   the form of each horse in other to get an edge in the game, and despite all, there is no possibility of getting consistent profit on a daily basis with both trading and gambling.
*Both games involve risk.it takes a risk taker to gamble and that’s the same as trading.
*Skills* to be a good trader, especially a long-term trader, there is need to study the economic forecasts and always put an eye on events that occur globally and to also be a professional gambler, especially sports betting, it is also very important to study .


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Ipwich on April 28, 2019, 07:32:51 AM
I would say that trading is just the same as gambling. And I will be listing down some of the similarities below :

~snip

Some people does not know that there are gambling that you can play based on luck only as there is a house edge.
If games like that, there is no way we can win, we can study and make strategy but for sure it will not work long term.

The items you listed will only apply if you are doing a skilled based gambling.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: jrrsparkles on April 28, 2019, 07:47:57 AM
Not similarities IMO gambling has a loss until your funds run out are not left but if you win it will get more profit fast, while trading is a system of demand and supply if you lose only a little and if you get win only a little profit. Gambling is a game to look for luck while trading must master market strategy skills.
You right, I think there is no outline similarity between gambling and trading, gambling does not need skills such as trading, does not need analysis, and deep knowledge. for the amount of risk in gambling it cannot be changed with your power, skills do not play a role in gambling, doesnt like in trading.
There are some games to bet with your analytical skills like sport betting but you need luck when you want to gamble whether in trading you need skills as well as luck to stay as a successful trader in long term.

You can see the above posts to get what are the similarities for trading and gambling.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: carlfebz2 on April 28, 2019, 11:17:38 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?
Anything on this market which do involve investment or putting up some money to earn money would always have that corresponding risk being tied up.This is the similarities between trading and gambling
but the level of risk can be adjusted but only possible on trading and wont be possible on gambling which do have pure luck( there are skill based gambling though) but lets talk generally on luck based.
Also trading is meant for long term and gambling is just for entertainment purely not on profit making.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Lawrenzoo on April 29, 2019, 06:17:01 AM
Gambling and trading are both the same and i dont even see any differences between them, they both involve risk. Money can be lost almost immediately in both trading and gambling.
I dont even do any of the above. I prefer to buy my bitcoin and wait than to risk my money


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Finestream on April 29, 2019, 06:37:32 AM
Gambling and trading are both the same and i dont even see any differences between them, they both involve risk. Money can be lost almost immediately in both trading and gambling.
I dont even do any of the above. I prefer to buy my bitcoin and wait than to risk my money
Gambling and trading may both have risks but atleast in trading you will have more chances on making profits because this is based on your skills and strategies.If you are a good trader,you will definitely gain profits in trading whatever the market price is.With gambling,i think its more risky because the chances of winning is very rare compared to losing.And this is based on pure luck so if you are not lucky that time you gamble,you will surely end up losing.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: BlueStackz on April 29, 2019, 05:41:34 PM
Well you can earn money on both but I don't find anymore similarities between them.
Gambling is pure luck. There's nothing you can do except pray. While trading is mostly you knowledge and how you analyse the data you have.
As of outside risk, there are no such thing as outside risk in gambling while there are many sorts of factors that affects trading whether it be stocks, forex, commodities or cryptocurrencies.
I don’t know why many would just assume that gambling is a game of luck, which is not very true, gambling requires skills.
You can’t play poker game without a good knowledge of it, same as sport betting. Except you are ready for loses but as long as profit making is your goal, then been skilled is a good requirement for succeeding in gambling and that is the same thing with trading.

Also there is always risk in gambling, you don’t know how it feels to drop your money without 100% assurance of getting it back. That is a great risk and it’s the same thing with trading.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: dunfida on April 29, 2019, 06:00:09 PM
Gambling and trading are both the same and i dont even see any differences between them, they both involve risk. Money can be lost almost immediately in both trading and gambling.
I dont even do any of the above. I prefer to buy my bitcoin and wait than to risk my money
Gambling and trading may both have risks but atleast in trading you will have more chances on making profits because this is based on your skills and strategies.If you are a good trader,you will definitely gain profits in trading whatever the market price is.With gambling,i think its more risky because the chances of winning is very rare compared to losing.And this is based on pure luck so if you are not lucky that time you gamble,you will surely end up losing.
But come to think off that there are still some gambling games which can possibly be learned up like skill-based ones which do give also an edge among other players and be profitable with it.
Luck would always be needed on both sides even on trading too because no matter how good your trade is, if the market would oppose into different direction then
you will still surely loss but i cant deny the fact that trading do always have the advantage no matter which angle we do try see.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Idrisu on April 29, 2019, 07:01:46 PM
Gambling and trading are both the same and i dont even see any differences between them, they both involve risk. Money can be lost almost immediately in both trading and gambling.
I dont even do any of the above. I prefer to buy my bitcoin and wait than to risk my money
Gambling and trading may both have risks but atleast in trading you will have more chances on making profits because this is based on your skills and strategies.If you are a good trader,you will definitely gain profits in trading whatever the market price is.With gambling,i think its more risky because the chances of winning is very rare compared to losing.And this is based on pure luck so if you are not lucky that time you gamble,you will surely end up losing.
But come to think off that there are still some gambling games which can possibly be learned up like skill-based ones which do give also an edge among other players and be profitable with it.
Luck would always be needed on both sides even on trading too because no matter how good your trade is, if the market would oppose into different direction then
you will still surely loss but i cant deny the fact that trading do always have the advantage no matter which angle we do try see.
Trading reward skills and knowledge and gambling except some game are purely on luck.  I think we should know that for you to succeed as a trader you must be able to practice for a very long time and be able to show profits in your practicing account before jumping to the really account and gambling did not have all this. You can start to make profits today or loses.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: radjie on April 29, 2019, 11:15:55 PM
gambling and trade both have similarities in common. mature skills and strategies can certainly be applied to both, but differences in our trade can certainly target a few percent of the profits we will get, but at gambling we cannot do the same because gambling is just a luck-based game that depends on hockey we get when playing in it


Title: Re: Outside risk: similarities between gambling and trading?
Post by: rachman mahesa on April 29, 2019, 11:26:49 PM
From both of my experiences it certainly cannot be said to be successful. I like to play gambling, but I experience more happiness. And trading, Trading also doesn't really benefit me. because I am a person who can be said to always panic. So I always experience losses when trading. So there is nothing I can say for income  ;D


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Vaculin on April 29, 2019, 11:29:13 PM
gambling and trade both have similarities in common. mature skills and strategies can certainly be applied to both, but differences in our trade can certainly target a few percent of the profits we will get, but at gambling we cannot do the same because gambling is just a luck-based game that depends on hockey we get when playing in it
Yes. Gambling and trading are both risky. They should be played well by those risk takers people.But the only difference is that there is less chances to make profits in gambling compared to trading.Even if you have your own skills in gambling, it will not guarantee you that you will surely win in gambling because the game is more on luck and chances rather than good skills.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Ayiranorea on April 29, 2019, 11:38:12 PM
gambling and trade both have similarities in common. mature skills and strategies can certainly be applied to both, but differences in our trade can certainly target a few percent of the profits we will get, but at gambling we cannot do the same because gambling is just a luck-based game that depends on hockey we get when playing in it
Both differ on the way it function, but the risk is almost the same with trading as well with gambling. With trading we risk the assets with a predicted growth analysis. When the prediction meets the real growth we get the targeted profit, else we need to have patience holding it or ends up with loss of some percentage. With gambling we risk with the hope of winning and select the odds, and here we cannot expect everything to work on strategy or something else, luck too is a must else we end up losing the entire fund spend on the bet.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Caladonian on April 30, 2019, 04:12:46 AM
gambling and trade both have similarities in common. mature skills and strategies can certainly be applied to both, but differences in our trade can certainly target a few percent of the profits we will get, but at gambling we cannot do the same because gambling is just a luck-based game that depends on hockey we get when playing in it
Both differ on the way it function, but the risk is almost the same with trading as well with gambling. With trading we risk the assets with a predicted growth analysis. When the prediction meets the real growth we get the targeted profit, else we need to have patience holding it or ends up with loss of some percentage. With gambling we risk with the hope of winning and select the odds, and here we cannot expect everything to work on strategy or something else, luck too is a must else we end up losing the entire fund spend on the bet.
If you play trading a good way even in some manner you loses its value there's still time to earn it back by keep holding the assets and wait for the time that it will be pumped up, while in gambling after you place  your bet you are only waiting for result, if you are lucky you will win and earned if not then you will lose everything without anything left, though both consist risk cut if you will review and research deeper, trading can be less risky since you needed patience to continue surviving.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Pattart on April 30, 2019, 06:08:14 AM
Gambling and trading are both the same and i dont even see any differences between them, they both involve risk. Money can be lost almost immediately in both trading and gambling.
I dont even do any of the above. I prefer to buy my bitcoin and wait than to risk my money
Gambling and trading may both have risks but atleast in trading you will have more chances on making profits because this is based on your skills and strategies.If you are a good trader,you will definitely gain profits in trading whatever the market price is.With gambling,i think its more risky because the chances of winning is very rare compared to losing.And this is based on pure luck so if you are not lucky that time you gamble,you will surely end up losing.
Both of them do have risks, but in trading you can just minimize the risk of loss, of course with your skills and abilities in reading the market. but in gambling you cannot minimize the risk with your skills, because you depend on luck


Title: Re: Outside risk: similarities between gambling and trading?
Post by: doomistake on April 30, 2019, 08:51:57 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

The only similar about Trading and gambling is that you need a capital on both as a starting point of your success. In Trading, the risk is much more worthy to be take than in gambling, because you know that no matter what happens, you are going to make profits if you have the knowledge  on how Trading world works. The percentage of making profits in Trading is much higher than you could have in gambling(since mostly it is all about luck) while Trading is mostly based on your analyzation.

Trading is like you're playing gambling but in a safer way. There is a lot of advantages also about Trading, because you have a lot of choices on how you are going to make profits in any situation you could have. Trading is for pros and for those people who have the courage that are willing to learn in the process, while gambling are for impatient people only, or should I say mostly for lazy people.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Botnake on April 30, 2019, 09:02:24 AM

Both of them do have risks, but in trading you can just minimize the risk of loss, of course with your skills and abilities in reading the market. but in gambling you cannot minimize the risk with your skills, because you depend on luck

Not all type of gambling depends on pure luck, maybe games like dice, plinko, roulette, these are games with house edge, you can depend on your luck. However as a sports bettor, I believe my skills could help me to win, and I also read that there are people who are successful in sports and they even make a living, it's just like trading, they master it and they make it.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Script3d on April 30, 2019, 10:17:58 AM

Both of them do have risks, but in trading you can just minimize the risk of loss, of course with your skills and abilities in reading the market. but in gambling you cannot minimize the risk with your skills, because you depend on luck

However as a sports bettor, I believe my skills could help me to win, and I also read that there are people who are successful in sports and they even make a living, it's just like trading, they master it and they make it.
this would also apply to esports betting, if you have the knowledge of the game and recognize each strength and weakness of each team you would surely win without relying on luck.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: raven7886 on April 30, 2019, 06:10:49 PM
Gambling and trading may both have risks but atleast in trading you will have more chances on making profits because this is based on your skills and strategies.If you are a good trader,you will definitely gain profits in trading whatever the market price is.With gambling,i think its more risky because the chances of winning is very rare compared to losing.And this is based on pure luck so if you are not lucky that time you gamble,you will surely end up losing.
I disagree with you mate, There’s no better chances of making profit in trading. They both have same chances of losing and winning.  If you say there are good traders in trading, don’t forget there are also professional gamblers in gambling.

Professional gamblers believe in having good skills and strategies to play but still, they still lose the games most of the times, that’s what makes both games risky. I think trading and gambling is for those who can take risk, and I like the fact that they both give opportunity to the player to make money.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Moiyah on May 01, 2019, 02:48:17 AM
Both are risky and I admit that during those times that I gamble and I trade, I felt the same emotions. But in terms of using strategies, they are different. In gambling, I only rely on pure luck. But in trading, I used some technical analysis. Which only means, we have basis for our wins.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: bitcoin31 on May 01, 2019, 04:26:34 AM
The similarities of the gambling and trading is they will lose your money too and you can earn profit too.
The differences of two is. Trading you can earn slow but it is less risk in gambling you can earn fast but is very risky.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: sweetbet on May 01, 2019, 10:10:47 AM
In trading, you're betting that a product will be worth more over time, but in gambling, there is no logic behind betting on an outcome. For example, persons who invested in Google shares saw a service that would one day be very valuable, but those who bet on a slot machine did not use any logic or reasoning.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: cryptjh on May 01, 2019, 04:12:35 PM
I see a lot of similarities between gambling and trading, you can get high rewards in both trading and gambling, but in gambling, you usually lose everything if you lose your bet, but in trading, you will in most cases never lose everything.
However, in gambling, you will in most cases just bet a small amount versus in trading where you often invest higher amounts, so you can end up loosing more in trading than on gambling.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: raven7886 on May 02, 2019, 04:31:33 PM
Both are risky and I admit that during those times that I gamble and I trade, I felt the same emotions. But in terms of using strategies, they are different. In gambling, I only rely on pure luck. But in trading, I used some technical analysis. Which only means, we have basis for our wins.
You are such a strong man, how where you coping with both trading and gambling, they are both very risky jobs and I can only imagine how much you have lost and how emotional you must have been because both games are risky.

I have only been trading and I know what I have been through analyzing the market and the changes that happens overnight unpredictably. It is always a nightmare. Gambling is based on luck actually and it’s good for those who have good luck for gambling, I still prefer trading because you can at least check past record, analyze, even though it’s still risky but it is at least still safer than gambling.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: FanEagle on May 02, 2019, 06:18:39 PM
They are both different things if you ask me. Trading is for profit and gambling is for fun. Trading is very risky and gambling when done carefully isn’t risky. Gamblers don’t feel too bad or feel sad when they make loss, because they had pleasure playing but in trading they would always feel terrible each time a loss is made.

In gambling games like Blackjack there can be cases where the odds those who make big bets without having to break rules. There are cases where blackjack players learn to break the rules of the game and make sure the odds are in their favor and the most popular way to do this is by counting cards and this is not the same with Trading.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: richmcrich on May 05, 2019, 08:03:47 PM
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it.  We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.

It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and  before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: BeGoods on May 06, 2019, 03:56:11 AM
Both are risky and I admit that during those times that I gamble and I trade, I felt the same emotions. But in terms of using strategies, they are different. In gambling, I only rely on pure luck. But in trading, I used some technical analysis. Which only means, we have basis for our wins.
You are such a strong man, how where you coping with both trading and gambling, they are both very risky jobs and I can only imagine how much you have lost and how emotional you must have been because both games are risky.

I have only been trading and I know what I have been through analyzing the market and the changes that happens overnight unpredictably. It is always a nightmare. Gambling is based on luck actually and it’s good for those who have good luck for gambling, I still prefer trading because you can at least check past record, analyze, even though it’s still risky but it is at least still safer than gambling.
I think it's not about strong man or not, I use trading and gambling also on the same day but I don't call myself strong, but you need the right plan and strategy. You can't depend on gambling for profit, so don't ever expect too much on gambling. just play with usual for fun. use only a few percent of your money to gamble, and gambling will have no effect on your trade


Title: Re: Outside risk: similarities between gambling and trading?
Post by: AjithBtc on May 06, 2019, 06:58:17 AM
Both are risky and I admit that during those times that I gamble and I trade, I felt the same emotions. But in terms of using strategies, they are different. In gambling, I only rely on pure luck. But in trading, I used some technical analysis. Which only means, we have basis for our wins.
You are such a strong man, how where you coping with both trading and gambling, they are both very risky jobs and I can only imagine how much you have lost and how emotional you must have been because both games are risky.

I have only been trading and I know what I have been through analyzing the market and the changes that happens overnight unpredictably. It is always a nightmare. Gambling is based on luck actually and it’s good for those who have good luck for gambling, I still prefer trading because you can at least check past record, analyze, even though it’s still risky but it is at least still safer than gambling.
I think it's not about strong man or not, I use trading and gambling also on the same day but I don't call myself strong, but you need the right plan and strategy. You can't depend on gambling for profit, so don't ever expect too much on gambling. just play with usual for fun. use only a few percent of your money to gamble, and gambling will have no effect on your trade
Being strong doesn't help with gambling or trade as mentioned, from my understanding if an user is strong with lot of funds then it'd be good for him to choose the right odds and when it comes to trading user can have patience. If one has the ability then surely succes is all ours. There isn't much of similarities, but both have some form of risk associated with it.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Cosbycoin on May 07, 2019, 08:33:46 AM
Both are risky and I admit that during those times that I gamble and I trade, I felt the same emotions. But in terms of using strategies, they are different. In gambling, I only rely on pure luck. But in trading, I used some technical analysis. Which only means, we have basis for our wins.
You are such a strong man, how where you coping with both trading and gambling, they are both very risky jobs and I can only imagine how much you have lost and how emotional you must have been because both games are risky.

I have only been trading and I know what I have been through analyzing the market and the changes that happens overnight unpredictably. It is always a nightmare. Gambling is based on luck actually and it’s good for those who have good luck for gambling, I still prefer trading because you can at least check past record, analyze, even though it’s still risky but it is at least still safer than gambling.
I think it's not about strong man or not, I use trading and gambling also on the same day but I don't call myself strong, but you need the right plan and strategy. You can't depend on gambling for profit, so don't ever expect too much on gambling. just play with usual for fun. use only a few percent of your money to gamble, and gambling will have no effect on your trade
Absolutely right! There is no effect of gambling on your crypto trade if you do not lose all your wallet in gambling. There should be a small limit for gambling if one loves to do it otherwise there is no point is starting gambling for money purpose. Yes, there exist a lot of fun and enjoyment for you but not sure about this a good source for making money. Trading can help you out in making profit only if you are good at.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: btcmegastar on May 07, 2019, 08:54:39 AM
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it.  We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.

It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and  before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.

Yes, in this two-sector there is huge risk involved in it, one thing i want to clear is through trading even though we lost but the coin will remain with us, through gambling it is final one which we don't have any choice of making money in future, but the similarity is risk and unpredictability.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: GregH37 on May 07, 2019, 11:17:31 AM
Both are risky and I admit that during those times that I gamble and I trade, I felt the same emotions. But in terms of using strategies, they are different. In gambling, I only rely on pure luck. But in trading, I used some technical analysis. Which only means, we have basis for our wins.
You are such a strong man, how where you coping with both trading and gambling, they are both very risky jobs and I can only imagine how much you have lost and how emotional you must have been because both games are risky.

I have only been trading and I know what I have been through analyzing the market and the changes that happens overnight unpredictably. It is always a nightmare. Gambling is based on luck actually and it’s good for those who have good luck for gambling, I still prefer trading because you can at least check past record, analyze, even though it’s still risky but it is at least still safer than gambling.
I think it's not about strong man or not, I use trading and gambling also on the same day but I don't call myself strong, but you need the right plan and strategy. You can't depend on gambling for profit, so don't ever expect too much on gambling. just play with usual for fun. use only a few percent of your money to gamble, and gambling will have no effect on your trade
Being strong doesn't help with gambling or trade as mentioned, from my understanding if an user is strong with lot of funds then it'd be good for him to choose the right odds and when it comes to trading user can have patience. If one has the ability then surely succes is all ours. There isn't much of similarities, but both have some form of risk associated with it.
I understand what it means to have the right strategy and plan to play both games but I like the upper poster said it takes been strong to be involved in this two. Forget the idea of playing and having fun in gambling; as long as money is involved I feel it’s not easy for anyone to take loss.

Just imagine that you commit big money in trading and also part in gambling, while you just lost in gambling, only to check your trading balance and realize that it is going to negative, if you are not strong, I bet you would have increased blood pressure. You will even forget the so called fun you had in gambling immediately. It’s better to trade and forget gambling or gamble and forget trading, this two cannot be done by an ordinary man, it takes only those who are strong like you to do this lol.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: leowonderful on May 07, 2019, 12:07:01 PM
If you’re not skilled enough at trading and properly managing risk you might as well just go to a casino and gamble away the money you plan on trading. While trading can potentially provide somewhat consistent profits to some, most people end up throwing away money with trading; as long as you’re giving yourself an edge with every trade you make you can have a prediction accuracy of even 40–50% and still make money, as long as you’re managing your risk properly, whereas games like dice and roulette have a large amount of house edge and you are essentially guaranteed to lose money long-term.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: _Django05_ on May 07, 2019, 04:41:56 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

One significant distinction between trading and gambling is that when you gamble, you will have a negative anticipated return. Simply put it this way, the house is expected to win upon the long run, on trading, however, if done skillfully, can place you in the position of the house.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: dunfida on May 07, 2019, 06:04:17 PM
If you’re not skilled enough at trading and properly managing risk you might as well just go to a casino and gamble away the money you plan on trading. While trading can potentially provide somewhat consistent profits to some, most people end up throwing away money with trading; as long as you’re giving yourself an edge with every trade you make you can have a prediction accuracy of even 40–50% and still make money, as long as you’re managing your risk properly, whereas games like dice and roulette have a large amount of house edge and you are essentially guaranteed to lose money long-term.
This is correct yet chances or odds compared between with gambling and trading do really matters yet luck and skills is different yet nor to be applied on different things
which do simply lessen up the risk and the potential on making profits.

Someone would really need to know on how to manage risk if they are targeting for longer profits.Both have risk but on different levels.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: qwertyup23 on May 07, 2019, 06:35:02 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

Both involve risk and the odds may differ depending on the situation but trading heavily involves skill. Unlike gambling wherein you rely purely on luck, trading involves researching, studying the market, and observing the market trends. You can alter the situation depending on your findings and predict what might be the price based from all your research.

Gambling, on the other hand, primarily depends on luck and the odds. Sure, there may be some techniques about probability and some shenanigans but if the odds are not on your favour, then you are bound to lose. Not to mention, the risk of addiction to gambling can also accumulate and potentially destroy your career.


Both of them do have risks, but in trading you can just minimize the risk of loss, of course with your skills and abilities in reading the market. but in gambling you cannot minimize the risk with your skills, because you depend on luck

Not all type of gambling depends on pure luck, maybe games like dice, plinko, roulette, these are games with house edge, you can depend on your luck. However as a sports bettor, I believe my skills could help me to win, and I also read that there are people who are successful in sports and they even make a living, it's just like trading, they master it and they make it.

It highly depends on the situation. You can also compare a newbie trader vs a newbie gambler and the results may vary depending on the circumstances. In your case, being a sports better involves a series of considerations among the teams and doing analysis on their performances. I cannot say that it is purely on gambling but there involves some skill and research beforehand.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Noilee on May 08, 2019, 01:05:38 AM
I think both have a similarities, like they have a risk that you will loss if you dont have enough skills or some strategy. In gambling its so fast to loss your money if you are not lucky, while in trading its been a bit longer of time whether you earn profit or not that it needs patient.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: emmybd on May 08, 2019, 05:47:59 AM
I don't think that there is a lot of similarities between them. As gambling is purely based on luck, on the other hand, in trading experience, knowledge and technical skills count.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Whosdaddy on May 08, 2019, 07:51:00 AM
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it.  We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.

It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and  before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.

Yes, in this two-sector there is huge risk involved in it, one thing i want to clear is through trading even though we lost but the coin will remain with us, through gambling it is final one which we don't have any choice of making money in future, but the similarity is risk and unpredictability.
The closest similarity between both trading and gambling is the risk involved and another similarity is that both gamblers and traders are always impatient. Like you said, if traders can be patient, then they losses they can likely encounter in gambling would be minimized but then they wouldn’t and it is the same impatience that would make a gambler go into gambling without learning the dos and don’ts of the game.

If strong in the context means both having the ability to take risks, then I think it is very right because both gamblers and traders are very good with taking risk because it’s not easy to  play gambling or even trade.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: redsun114 on May 08, 2019, 07:55:44 AM
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it.  We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.

It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and  before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.

Yes, in this two-sector there is huge risk involved in it, one thing i want to clear is through trading even though we lost but the coin will remain with us, through gambling it is final one which we don't have any choice of making money in future, but the similarity is risk and unpredictability.
No doubt, both are risky but gambling is even more risky than trading due to several reasons. Trading is risky if the user does not know anything about it or have little knowledge of it. It needs market research and perseverance dedication to deal with it as it is not fun. Playing games is a fun although gamblers can make money here but there is 50, 50 possibilities either to lose or win. Your money is the final one here while in trading you can control situation if you know the skill how to fix things.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Ucy on May 08, 2019, 09:20:36 PM
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it.  We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.

It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and  before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.

Can Stock and forex trading be regarded as gambling?
Well I think crypto trading is a lot more predictable than gambling, it depends on the kind of gambling though. You can easily make some successful trades a day by simply applying  buy low, sell high strategy on major cryptocurrencies.  I don't know if this is possible with gambling?


Title: Re: Outside risk: similarities between gambling and trading?
Post by: rizkyhiw on May 08, 2019, 09:34:47 PM
I don't think that there is a lot of similarities between them. As gambling is purely based on luck, on the other hand, in trading experience, knowledge and technical skills count.
Indeed, there are many who believe that gambling depends on luck and that it all depends on how people gamble and trade, when trade can be done with analysis or prediction there also depends on luck to benefit both, but very different when gambling is very difficult to get rather than trading, all returns to how we play it all to make a profit, of course the risk is enormous and the biggest risk is gambling when you lose it has arrived at that moment.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Finestream on May 08, 2019, 10:06:26 PM
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it.  We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.

It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and  before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.

Yes, in this two-sector there is huge risk involved in it, one thing i want to clear is through trading even though we lost but the coin will remain with us, through gambling it is final one which we don't have any choice of making money in future, but the similarity is risk and unpredictability.
No doubt, both are risky but gambling is even more risky than trading due to several reasons. Trading is risky if the user does not know anything about it or have little knowledge of it. It needs market research and perseverance dedication to deal with it as it is not fun. Playing games is a fun although gamblers can make money here but there is 50, 50 possibilities either to lose or win. Your money is the final one here while in trading you can control situation if you know the skill how to fix things.
Right.Gambling and trading have both risks but i think there is more risks in gambling as it is only purely based on luck unlike trading that has higher chances to make profits if you know how to trade whatever the condition of the market.They both entertained people but when we talk of profit making,there is more security in trading rather than in gambling.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: radjie on May 08, 2019, 10:51:18 PM
In my opinion, I would say that both gambling and trading are basically stochastic, they are unpredictable and both have a negative reputation that comes with it.  We all put in our honest effort to make it a little bit more predictable and that might reduce the dangers in it.

It however takes so much consistent and numerous exercises on the path of both gamblers and traders before it can become effective and  before the risk involved in both can be reduced. The greatest similarity between this two is Risk and unpredictability.

Can Stock and forex trading be regarded as gambling?
Well I think crypto trading is a lot more predictable than gambling, it depends on the kind of gambling though. You can easily make some successful trades a day by simply applying  buy low, sell high strategy on major cryptocurrencies.  I don't know if this is possible with gambling?

I don't think the two have anything in common even though both of them have risks. gambling is known by most people as a game based on luck, therefore many people who gamble only seek pleasure. different from trading, someone who trades with cryptocurrency certainly has a profit target that must be obtained, for example by using a basic trading strategy to buy low and sell it when prices rise, and in trade of course we can predict profits to be earned, but in gambling profit is not can be predicted with certainty because the game is only based on luck


Title: Re: Outside risk: similarities between gambling and trading?
Post by: leowonderful on May 08, 2019, 11:05:42 PM
If you’re not skilled enough at trading and properly managing risk you might as well just go to a casino and gamble away the money you plan on trading. While trading can potentially provide somewhat consistent profits to some, most people end up throwing away money with trading; as long as you’re giving yourself an edge with every trade you make you can have a prediction accuracy of even 40–50% and still make money, as long as you’re managing your risk properly, whereas games like dice and roulette have a large amount of house edge and you are essentially guaranteed to lose money long-term.
This is correct yet chances or odds compared between with gambling and trading do really matters yet luck and skills is different yet nor to be applied on different things
which do simply lessen up the risk and the potential on making profits.

Someone would really need to know on how to manage risk if they are targeting for longer profits.Both have risk but on different levels.
There's also much less documentation on how to make money gambling compared to making money trading. There's a massive amount of material out there for you to study trading and various indicators and other strategies that can assist you in making money profit trading, whereas there's much less on managing risk and selecting the right games to play with gambling to make a profit, etc, though certain aspects of risk and your bankroll management can be transferred over. Really depends how much experience you've got in either trading or gambling that determines how good you are at it in the end, though I feel it's much easier to get into trading than gambling for a profit.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: mornabo on May 09, 2019, 05:56:05 AM
I don't think that there is a lot of similarities between them. As gambling is purely based on luck, on the other hand, in trading experience, knowledge and technical skills count.
Indeed, there are many who believe that gambling depends on luck and that it all depends on how people gamble and trade, when trade can be done with analysis or prediction there also depends on luck to benefit both, but very different when gambling is very difficult to get rather than trading, all returns to how we play it all to make a profit, of course the risk is enormous and the biggest risk is gambling when you lose it has arrived at that moment.
Trade does need luck too, but it doesn't mean depend on luck to profit. whereas gambling more than 90%, win may be determined by luck, that's the basic difference. so there is no direct relationship between trade and gambling, they are different for determining profits and winnings


Title: Re: Outside risk: similarities between gambling and trading?
Post by: ausbit on May 09, 2019, 08:12:52 AM
I think both have a similarities, like they have a risk that you will loss if you dont have enough skills or some strategy. In gambling its so fast to loss your money if you are not lucky, while in trading its been a bit longer of time whether you earn profit or not that it needs patient.
Risk is not just a similarity between trading and gambling.  Risk is in something that is very common with everything in life. In short life itself is a risk, so there is nothing spectacular that would make trading and gambling share a common risk.

I do not see any similarity between this two. Comparing a game of fun to a serious business of investment is really absurd. Good money is always involved in trading but for gambling its always spare money we can afford to lose. In trading, a trader is always tensed and full of fear till the end of the trade while in gambling the player are busy having fun and do not bother if a loss is made or.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Whosdaddy on May 09, 2019, 08:37:09 AM
I don't think that there is a lot of similarities between them. As gambling is purely based on luck, on the other hand, in trading experience, knowledge and technical skills count.
Gambling is never more risky than trading. I do not know so much about trading because that is not my field but I have friends that are into trading and I hear all they say about them, most of them live their daily lives in fear like they are scared of not losing their money.

It’s not the same thing with gambling. In gambling, we play with a relaxed mind because we play for fun. Aside those hungry desperate gamblers that put in all their money into gambling, gambling is a game of entertainment, with little or no risk at all. So it is a little bit confusing to me when gambling is been compared to trading. They are 2 different things entirely.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: judeafante on May 09, 2019, 10:21:20 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

The risk is quite high on gambling because you are going to rely more on luck than your skill, compare to trading where much of it relies on your skill to analyze the pattern and situation, there is a good profit to be made in trading than gambling, anyone can play a gamble and win in the first time but it's hard to do that in trading.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: guoyu78 on May 10, 2019, 10:24:28 AM
I think both have a similarities, like they have a risk that you will loss if you dont have enough skills or some strategy. In gambling its so fast to loss your money if you are not lucky, while in trading its been a bit longer of time whether you earn profit or not that it needs patient.
Risk is not just a similarity between trading and gambling.  Risk is in something that is very common with everything in life. In short life itself is a risk, so there is nothing spectacular that would make trading and gambling share a common risk.

I do not see any similarity between this two. Comparing a game of fun to a serious business of investment is really absurd. Good money is always involved in trading but for gambling its always spare money we can afford to lose. In trading, a trader is always tensed and full of fear till the end of the trade while in gambling the player are busy having fun and do not bother if a loss is made or.
I honestly don’t understand what you guys always mean when you refer to gambling as a game of fun. I think I need a comprehensive explanation to this because in my best knowledge gambling is a business. I am so convinced about this because I have played different games and my expectation is to get a positive return which means winning my game. That is what business is, commit money and expect profit in return. Fun is something that is achieved without monetary expectation, just fulfillment.

So the great similarity between trading and gambling is profit making . And like the upper poster has said which is also seconded by me, risk is a similar attribute they both share.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: bitgolden on May 10, 2019, 12:34:55 PM
I don't think that there is a lot of similarities between them. As gambling is purely based on luck, on the other hand, in trading experience, knowledge and technical skills count.
Gambling is never more risky than trading. I do not know so much about trading because that is not my field but I have friends that are into trading and I hear all they say about them, most of them live their daily lives in fear like they are scared of not losing their money.

It’s not the same thing with gambling. In gambling, we play with a relaxed mind because we play for fun. Aside those hungry desperate gamblers that put in all their money into gambling, gambling is a game of entertainment, with little or no risk at all. So it is a little bit confusing to me when gambling is been compared to trading. They are 2 different things entirely.
I am glad you admitted not having an idea about trading and I am convinced that you are not a professional gambler. Maybe those who just play around with the game when they are bored but that is not a real gambler. I do both trading and I gamble for money and I can from experience say that both games are full of risk and both games require skills and study.

In sport betting which I specialize in, we realize that despite all efforts in digging into past records of teams, we can still be disappointed during betting’s and same as trading, regardless of the efforts in analyzing past trading records, there things can still change, so its all a game of risk.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: BlueStackz on May 11, 2019, 06:58:42 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

The risk is quite high on gambling because you are going to rely more on luck than your skill, compare to trading where much of it relies on your skill to analyze the pattern and situation, there is a good profit to be made in trading than gambling, anyone can play a gamble and win in the first time but it's hard to do that in trading.
On the contrary, gambling is not just a game of luck but skill is also required. This idea of gambling as a game of luck is what is affecting most gamblers daily. They keep on hoping that it’s a game  of lucky and many would play without preparation. You cant succeed in gambling with this kind of mentality. GAMBLING REQUIRES SKILLS. In poker game, skill is highly required, same as sport betting, you have to be current and smart in making decisions.

On similarity, aside the fact they both require skills, I would say that they are both very risky games. You can’t be too confident of winning in gambling regardless of your skills and you can’t be too  sure of winning also in trading.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: justspare on May 12, 2019, 05:48:53 AM
I am glad you admitted not having an idea about trading and I am convinced that you are not a professional gambler. Maybe those who just play around with the game when they are bored but that is not a real gambler. I do both trading and I gamble for money and I can from experience say that both games are full of risk and both games require skills and study.

In sport betting which I specialize in, we realize that despite all efforts in digging into past records of teams, we can still be disappointed during betting’s and same as trading, regardless of the efforts in analyzing past trading records, there things can still change, so its all a game of risk.
I am so amazed to read that you do both gambling and trading and I am wondering how you cope since you are aware that they are both risky. Gambling alone that I have been playing, I don’t even know where I stand already because I have lost too much to the game. Some of my friends told me that trading is much easier though but I have not tried it. Maybe you should drop a little lecture on how you can survive the tension from both games.

For me I feel another similarity between trading and gambling is that they are both profitable, Aside that it’s both risky and loses can be made from both, there are chances of making money from both.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: upsidedown75 on May 14, 2019, 08:58:18 AM
I am glad you admitted not having an idea about trading and I am convinced that you are not a professional gambler. Maybe those who just play around with the game when they are bored but that is not a real gambler. I do both trading and I gamble for money and I can from experience say that both games are full of risk and both games require skills and study.

In sport betting which I specialize in, we realize that despite all efforts in digging into past records of teams, we can still be disappointed during betting’s and same as trading, regardless of the efforts in analyzing past trading records, there things can still change, so its all a game of risk.
I am so amazed to read that you do both gambling and trading and I am wondering how you cope since you are aware that they are both risky. Gambling alone that I have been playing, I don’t even know where I stand already because I have lost too much to the game. Some of my friends told me that trading is much easier though but I have not tried it. Maybe you should drop a little lecture on how you can survive the tension from both games.

For me I feel another similarity between trading and gambling is that they are both profitable, Aside that it’s both risky and loses can be made from both, there are chances of making money from both.
I feel you are that surprised because you probably have a negative mindset towards both. Drawing from your sentence, I can imagine that you are been tensed playing gambling and that is really not good. Gambling is not supposed to be that way,  and I hope you have not lost more than what you can afford?

Again, You might need lecture on trading but sorry you don’t need any lecture to gamble. Just play your game for fun and spend less, you win sometimes, you lose.  In my opinion, I do not really see so much similarity between both games, but profit realization at the end of each might actually be a similarity.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Kanda Yu on May 14, 2019, 10:12:15 AM
If you'd ask me both gambling and trading are risky but they only differ on the level of risky because gambling is riskier compared to trading. In gambling, you almost have no chance of winning but if your luck stuck in then it will be crazy profitable unlike trading your success rate are high and it will also kinda profitable. In order to handle the risk of trading, you must have possessed skills, knowledge and experience while in gambling you must have experience as well but the most important is an extreme amount of luck. Honestly, I used to do both trading and gambling but trading is not in my favor for now so I am unto casino games at Vegascasino (https://vegascasino.io/casino/video-slots/durian-dynamite?utm_source=ccdd) to enjoy and waiting for some luck. Actually, this bitcoin casino is fun, a lot of bonuses and even amazing features.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: GregH37 on May 15, 2019, 07:30:19 AM
I am glad you admitted not having an idea about trading and I am convinced that you are not a professional gambler. Maybe those who just play around with the game when they are bored but that is not a real gambler. I do both trading and I gamble for money and I can from experience say that both games are full of risk and both games require skills and study.

In sport betting which I specialize in, we realize that despite all efforts in digging into past records of teams, we can still be disappointed during betting’s and same as trading, regardless of the efforts in analyzing past trading records, there things can still change, so its all a game of risk.
I am so amazed to read that you do both gambling and trading and I am wondering how you cope since you are aware that they are both risky. Gambling alone that I have been playing, I don’t even know where I stand already because I have lost too much to the game. Some of my friends told me that trading is much easier though but I have not tried it. Maybe you should drop a little lecture on how you can survive the tension from both games.

For me I feel another similarity between trading and gambling is that they are both profitable, Aside that it’s both risky and loses can be made from both, there are chances of making money from both.
I feel you are that surprised because you probably have a negative mindset towards both. Drawing from your sentence, I can imagine that you are been tensed playing gambling and that is really not good. Gambling is not supposed to be that way,  and I hope you have not lost more than what you can afford?

Again, You might need lecture on trading but sorry you don’t need any lecture to gamble. Just play your game for fun and spend less, you win sometimes, you lose.  In my opinion, I do not really see so much similarity between both games, but profit realization at the end of each might actually be a similarity.
You have a very great point. It is really very clear that the upper poster is one of those that take gambling as a source of income, and it must have really been difficult for him running both because it will be like running two businesses with little business experience. Its not right at all.

Gambling is for entertainment. There was a time at high school, my friends and I would bet on different material things even to our dinner and it was really fun for us. We just saw it as a way to make ourselves happy. I feel we shouldn’t over work ourselves on gambling simply because money is involved and now the reward for playing is now in terms of cash and huge. There is no similarity between trading and gambling. One is for fun and one is Business.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: RealMalatesta on May 15, 2019, 05:42:28 PM
If you'd ask me both gambling and trading are risky but they only differ on the level of risky because gambling is riskier compared to trading. In gambling, you almost have no chance of winning but if your luck stuck in then it will be crazy profitable unlike trading your success rate are high and it will also kinda profitable. In order to handle the risk of trading, you must have possessed skills, knowledge and experience while in gambling you must have experience as well but the most important is an extreme amount of luck. Honestly, I used to do both trading and gambling but trading is not in my favor for now so I am unto casino games at Vegascasino (https://vegascasino.io/casino/video-slots/durian-dynamite?utm_source=ccdd) to enjoy and waiting for some luck. Actually, this bitcoin casino is fun, a lot of bonuses and even amazing features.
How can gambling be more risky than trading, I don’t really get this explanation. In gambling you have a right to play any amount as little money as you can afford and even while depending on luck, it’s still fun to make wins and losses because you are happy at how luck could determine an outcome of a game but this is not the same as trading.

Because traders are aiming at   profit on an investment and they aim at a certain amount, they can be tempted to putt in more than they can afford with the expectation that it would bring profit which is not even guaranteed and the next thing we hear is stories, I don’t trade anyway but I have seen how traders behave and they can’t be compared to gamblers who laugh when playing.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: hahay on May 15, 2019, 05:57:30 PM
If you'd ask me both gambling and trading are risky but they only differ on the level of risky because gambling is riskier compared to trading. In gambling, you almost have no chance of winning but if your luck stuck in then it will be crazy profitable unlike trading your success rate are high and it will also kinda profitable. In order to handle the risk of trading, you must have possessed skills, knowledge and experience while in gambling you must have experience as well but the most important is an extreme amount of luck. Honestly, I used to do both trading and gambling but trading is not in my favor for now so I am unto casino games at Vegascasino (https://vegascasino.io/casino/video-slots/durian-dynamite?utm_source=ccdd) to enjoy and waiting for some luck. Actually, this bitcoin casino is fun, a lot of bonuses and even amazing features.
How can gambling be more risky than trading, I don’t really get this explanation. In gambling you have a right to play any amount as little money as you can afford and even while depending on luck, it’s still fun to make wins and losses because you are happy at how luck could determine an outcome of a game but this is not the same as trading.

Because traders are aiming at   profit on an investment and they aim at a certain amount, they can be tempted to putt in more than they can afford with the expectation that it would bring profit which is not even guaranteed and the next thing we hear is stories, I don’t trade anyway but I have seen how traders behave and they can’t be compared to gamblers who laugh when playing.
Gambling is more risky if you can realize it, even though you can play as little money as possible in gambling but it is a money that can be lost. Different in trading, even though your prediction is wrong but you still have the opportunity to get the money back even though it is not an expected profit.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: dunfida on May 15, 2019, 07:20:36 PM
I don't think that there is a lot of similarities between them. As gambling is purely based on luck, on the other hand, in trading experience, knowledge and technical skills count.
Gambling is never more risky than trading. I do not know so much about trading because that is not my field but I have friends that are into trading and I hear all they say about them, most of them live their daily lives in fear like they are scared of not losing their money.

It’s not the same thing with gambling. In gambling, we play with a relaxed mind because we play for fun. Aside those hungry desperate gamblers that put in all their money into gambling, gambling is a game of entertainment, with little or no risk at all. So it is a little bit confusing to me when gambling is been compared to trading. They are 2 different things entirely.
I am glad you admitted not having an idea about trading and I am convinced that you are not a professional gambler. Maybe those who just play around with the game when they are bored but that is not a real gambler. I do both trading and I gamble for money and I can from experience say that both games are full of risk and both games require skills and study.

In sport betting which I specialize in, we realize that despite all efforts in digging into past records of teams, we can still be disappointed during betting’s and same as trading, regardless of the efforts in analyzing past trading records, there things can still change, so its all a game of risk.
Odds of getting different result or outcome would always be there yet trading and gambling is a thing which chances either on positive or negative side do always lurking.
All do have the risk even having decisions in real life do have corresponding risk but since we are talking about trading and gambling then these 2 do have the most
when it comes to risk it would really just matter on how you do handle and prepare yourself on possible loss of money.Skills and analysis does matter but there are things that
cant be handled out well like on pure luck gambling type of game.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Altcoins enthusiast on May 15, 2019, 08:33:22 PM
I don't think that there is a lot of similarities between them. As gambling is purely based on luck, on the other hand, in trading experience, knowledge and technical skills count.
Gambling is never more risky than trading. I do not know so much about trading because that is not my field but I have friends that are into trading and I hear all they say about them, most of them live their daily lives in fear like they are scared of not losing their money.

It’s not the same thing with gambling. In gambling, we play with a relaxed mind because we play for fun. Aside those hungry desperate gamblers that put in all their money into gambling, gambling is a game of entertainment, with little or no risk at all. So it is a little bit confusing to me when gambling is been compared to trading. They are 2 different things entirely.
I am glad you admitted not having an idea about trading and I am convinced that you are not a professional gambler. Maybe those who just play around with the game when they are bored but that is not a real gambler. I do both trading and I gamble for money and I can from experience say that both games are full of risk and both games require skills and study.

In sport betting which I specialize in, we realize that despite all efforts in digging into past records of teams, we can still be disappointed during betting’s and same as trading, regardless of the efforts in analyzing past trading records, there things can still change, so its all a game of risk.
Odds of getting different result or outcome would always be there yet trading and gambling is a thing which chances either on positive or negative side do always lurking.
All do have the risk even having decisions in real life do have corresponding risk but since we are talking about trading and gambling then these 2 do have the most
when it comes to risk it would really just matter on how you do handle and prepare yourself on possible loss of money.Skills and analysis does matter but there are things that
cant be handled out well like on pure luck gambling type of game.
I think op put it very clear and he said "outside risk, what is the similarity between trading and gambling and that is what we should be focusing on.  Risk exist in all face of life though there exist in level by level.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Finestream on May 15, 2019, 10:52:07 PM
If you'd ask me both gambling and trading are risky but they only differ on the level of risky because gambling is riskier compared to trading. In gambling, you almost have no chance of winning but if your luck stuck in then it will be crazy profitable unlike trading your success rate are high and it will also kinda profitable. In order to handle the risk of trading, you must have possessed skills, knowledge and experience while in gambling you must have experience as well but the most important is an extreme amount of luck. Honestly, I used to do both trading and gambling but trading is not in my favor for now so I am unto casino games at Vegascasino (https://vegascasino.io/casino/video-slots/durian-dynamite?utm_source=ccdd) to enjoy and waiting for some luck. Actually, this bitcoin casino is fun, a lot of bonuses and even amazing features.
How can gambling be more risky than trading, I don’t really get this explanation. In gambling you have a right to play any amount as little money as you can afford and even while depending on luck, it’s still fun to make wins and losses because you are happy at how luck could determine an outcome of a game but this is not the same as trading.

Because traders are aiming at   profit on an investment and they aim at a certain amount, they can be tempted to putt in more than they can afford with the expectation that it would bring profit which is not even guaranteed and the next thing we hear is stories, I don’t trade anyway but I have seen how traders behave and they can’t be compared to gamblers who laugh when playing.
Gambling is more risky if you can realize it, even though you can play as little money as possible in gambling but it is a money that can be lost. Different in trading, even though your prediction is wrong but you still have the opportunity to get the money back even though it is not an expected profit.
Right.There is more assurance that in trading,you can still gain profits or even get your money back but in gambling,once you start betting,only losing or the other way around.But there are more chances in losing than winning in gambling.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: FanEagle on May 16, 2019, 08:41:21 AM
I honestly don’t understand what you guys always mean when you refer to gambling as a game of fun. I think I need a comprehensive explanation to this because in my best knowledge gambling is a business. I am so convinced about this because I have played different games and my expectation is to get a positive return which means winning my game. That is what business is, commit money and expect profit in return. Fun is something that is achieved without monetary expectation, just fulfillment.

So the great similarity between trading and gambling is profit making . And like the upper poster has said which is also seconded by me, risk is a similar attribute they both share.
I am sorry to say this, but you will understand that gambling is fun the day you lose a huge amount of money in gambling simply because you want to make profit. I don’t think anyone is against making money from gambling but what is gotten from gambling cannot be referred to profit but maybe Benefit, so I would say that profit making is never a similarity between both gambling and trading.

In my opinion I would say that there is out rightly no similarity between both, if any comparison should be made, better we list out the differences, because there are more differences than similarity


Title: Re: Outside risk: similarities between gambling and trading?
Post by: sana54210 on May 16, 2019, 09:13:53 AM
I am glad you admitted not having an idea about trading and I am convinced that you are not a professional gambler. Maybe those who just play around with the game when they are bored but that is not a real gambler. I do both trading and I gamble for money and I can from experience say that both games are full of risk and both games require skills and study.

In sport betting which I specialize in, we realize that despite all efforts in digging into past records of teams, we can still be disappointed during betting’s and same as trading, regardless of the efforts in analyzing past trading records, there things can still change, so its all a game of risk.
I am so amazed to read that you do both gambling and trading and I am wondering how you cope since you are aware that they are both risky. Gambling alone that I have been playing, I don’t even know where I stand already because I have lost too much to the game. Some of my friends told me that trading is much easier though but I have not tried it. Maybe you should drop a little lecture on how you can survive the tension from both games.

For me I feel another similarity between trading and gambling is that they are both profitable, Aside that it’s both risky and loses can be made from both, there are chances of making money from both.
I feel you are that surprised because you probably have a negative mindset towards both. Drawing from your sentence, I can imagine that you are been tensed playing gambling and that is really not good. Gambling is not supposed to be that way,  and I hope you have not lost more than what you can afford?

Again, You might need lecture on trading but sorry you don’t need any lecture to gamble. Just play your game for fun and spend less, you win sometimes, you lose.  In my opinion, I do not really see so much similarity between both games, but profit realization at the end of each might actually be a similarity.
You have a very great point. It is really very clear that the upper poster is one of those that take gambling as a source of income, and it must have really been difficult for him running both because it will be like running two businesses with little business experience. Its not right at all.

Gambling is for entertainment. There was a time at high school, my friends and I would bet on different material things even to our dinner and it was really fun for us. We just saw it as a way to make ourselves happy. I feel we shouldn’t over work ourselves on gambling simply because money is involved and now the reward for playing is now in terms of cash and huge. There is no similarity between trading and gambling. One is for fun and one is Business.
In my opinion, I feel the whole basics of these arguments on gambling and trading as either game of fun and investment or the similarities between both is truly baseless and of no use.  No matter how both games are been played, there will still be a trace of similarity between them. It’s just normal.

The similarity between gambling to me Is that both traders and gamblers have an attribute of self-discipline in their various ways of playing. I realized that gamblers   are always so disciplined in playing their games because lack of self-discipline can lead them into addiction and same way traders are always exhibit self-discipline to enable them control loses in trading.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: ricardobs on May 17, 2019, 06:15:58 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

The risk is quite high on gambling because you are going to rely more on luck than your skill, compare to trading where much of it relies on your skill to analyze the pattern and situation, there is a good profit to be made in trading than gambling, anyone can play a gamble and win in the first time but it's hard to do that in trading.
There are similarities in gambling and trading but you will find few because both of them are different from each other in many aspects. In trading you can make profit without having any high risk only if you know the rules and its way to work out, a reliable source. On the other hand, gambling is not a reliable source of making money because you have no full control to make profit but competitors are there too.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: davinchi on May 17, 2019, 09:33:14 AM
I honestly don’t understand what you guys always mean when you refer to gambling as a game of fun. I think I need a comprehensive explanation to this because in my best knowledge gambling is a business. I am so convinced about this because I have played different games and my expectation is to get a positive return which means winning my game. That is what business is, commit money and expect profit in return. Fun is something that is achieved without monetary expectation, just fulfillment.

So the great similarity between trading and gambling is profit making . And like the upper poster has said which is also seconded by me, risk is a similar attribute they both share.
I am sorry to say this, but you will understand that gambling is fun the day you lose a huge amount of money in gambling simply because you want to make profit. I don’t think anyone is against making money from gambling but what is gotten from gambling cannot be referred to profit but maybe Benefit, so I would say that profit making is never a similarity between both gambling and trading.

In my opinion I would say that there is out rightly no similarity between both, if any comparison should be made, better we list out the differences, because there are more differences than similarity
You have a very good point. What is gotten from gambling should not be seen as profit since it is not a business. Benefit seems to be like the best phrase. I have also been worried on what makes profit a similarity, since in trading, the trader would be waiting patiently to see how the money invested grows but in gambling, it’s just to expect to either win or lose.

I would say that the similarity between both is that there is an expectation in both. The gambler has an expectation to either win or lose while the trader looks forward to profit or lose.  Aside these I don’t  see any comparison between them.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Pmalek on May 17, 2019, 09:41:01 AM
In trading you can make profit without having any high risk only if you know the rules and its way to work out, a reliable source.
I wouldn't completely agree with this. Any kind of trading is high risk as well because no matter what resources you use there is no way to predict the market movements with 100% precision.
Imagine you bought Bitcoins last night when they were around 8.000, now a few hours later Bitcoin is down to 7.300 and you just lost 8% of your investment in just a few hours.  


Title: Re: Outside risk: similarities between gambling and trading?
Post by: BlueStackz on May 17, 2019, 10:28:36 AM
I am glad you admitted not having an idea about trading and I am convinced that you are not a professional gambler. Maybe those who just play around with the game when they are bored but that is not a real gambler. I do both trading and I gamble for money and I can from experience say that both games are full of risk and both games require skills and study.

In sport betting which I specialize in, we realize that despite all efforts in digging into past records of teams, we can still be disappointed during betting’s and same as trading, regardless of the efforts in analyzing past trading records, there things can still change, so its all a game of risk.
I am so amazed to read that you do both gambling and trading and I am wondering how you cope since you are aware that they are both risky. Gambling alone that I have been playing, I don’t even know where I stand already because I have lost too much to the game. Some of my friends told me that trading is much easier though but I have not tried it. Maybe you should drop a little lecture on how you can survive the tension from both games.

For me I feel another similarity between trading and gambling is that they are both profitable, Aside that it’s both risky and loses can be made from both, there are chances of making money from both.
I feel you are that surprised because you probably have a negative mindset towards both. Drawing from your sentence, I can imagine that you are been tensed playing gambling and that is really not good. Gambling is not supposed to be that way,  and I hope you have not lost more than what you can afford?

Again, You might need lecture on trading but sorry you don’t need any lecture to gamble. Just play your game for fun and spend less, you win sometimes, you lose.  In my opinion, I do not really see so much similarity between both games, but profit realization at the end of each might actually be a similarity.
You have a very great point. It is really very clear that the upper poster is one of those that take gambling as a source of income, and it must have really been difficult for him running both because it will be like running two businesses with little business experience. Its not right at all.

Gambling is for entertainment. There was a time at high school, my friends and I would bet on different material things even to our dinner and it was really fun for us. We just saw it as a way to make ourselves happy. I feel we shouldn’t over work ourselves on gambling simply because money is involved and now the reward for playing is now in terms of cash and huge. There is no similarity between trading and gambling. One is for fun and one is Business.
In my opinion, I feel the whole basics of these arguments on gambling and trading as either game of fun and investment or the similarities between both is truly baseless and of no use.  No matter how both games are been played, there will still be a trace of similarity between them. It’s just normal.

The similarity between gambling to me Is that both traders and gamblers have an attribute of self-discipline in their various ways of playing. I realized that gamblers   are always so disciplined in playing their games because lack of self-discipline can lead them into addiction and same way traders are always exhibit self-discipline to enable them control loses in trading.
Reading through all the above comments, I would really commend your last suggestion. The argument is really of no importance.  Despite the huge difference between cryptocurrency and Fiat, there is still a similarity when comparisom is made. So there is no big deal when we try to fetch out the similarity between gambling and trading, it doesn’t mean they are the same, it only means that something is making them look alike.

Nothing really makes gambling and trading similar apart from money and the people involved in both. Money is used to trade; same way money is used to gamble. Gamblers are hard workers and traders are also very hardworking.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: prtty2gal2 on May 18, 2019, 08:49:28 AM
Gambling is mainly all about having luck on your side, anyone can start gambling at anytime. But as for trading, it mainly has to do with your skills and when you don't have that skills you're not going to gain anything. It is not something you just start in a day, you will have to learn it. I hardly see myself gambling these days after I learnt trading. These days I just Play gambling when ever I feel like I just want to have the fun, mainly what I'm doing these days is just trading and I have to say that it is much better than gambling as far as you have the skills to do it.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: GregH37 on May 18, 2019, 09:55:18 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

The risk is quite high on gambling because you are going to rely more on luck than your skill, compare to trading where much of it relies on your skill to analyze the pattern and situation, there is a good profit to be made in trading than gambling, anyone can play a gamble and win in the first time but it's hard to do that in trading.
There are similarities in gambling and trading but you will find few because both of them are different from each other in many aspects. In trading you can make profit without having any high risk only if you know the rules and its way to work out, a reliable source. On the other hand, gambling is not a reliable source of making money because you have no full control to make profit but competitors are there too.
I think I really need a mentor in trading because I always end up with loses and I am always amazed whenever I learn that trading is more profitable and with less Risk. I am obviously on the wrong path and maybe I am not getting it right, started trading with 1BTC last year and I have barely less than 0.79BTC.

Gambling on the other hand has been quite easier for me even though I make little profits because I play for fun, there is possibility of me making more money if I played for money. Its kind of difficult to draw the similarities between both, so I would assume there are no much similarities but more of differences between both .


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Ipwich on May 18, 2019, 10:47:50 AM
Gambling is mainly all about having luck on your side, anyone can start gambling at anytime.

You can't say that to people who work hard to succeed in gambling, there are gambling that are solely based on luck and it's called luck based games.
Man, I am a sports gamblers and I followed a lot of tipster and based on their record I can say they are profitable only if they do the right bankroll management.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Woodie on May 18, 2019, 10:55:15 AM
Very similar but gambling should be more fun as you can watch the action as it happens unlike just looking at some numbers or graph, and you get to rely on past results which are more likely to help with predicting a result.

TBH it's difficult to separate the twoo but gambling has an edge over trading.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Rufsilf on May 18, 2019, 12:11:35 PM
I do think gambling and trading are pretty similar in some aspects, one is they both give immediate rewards and results, meaning if you gamble lets say in a casino you'll know the results right after the game same as trading, if you invest on something you'll know the results mostly by end of the day. Second is both rely on luck as well, I know most traders will say they have strategies that helped them in getting better with trading but it is also luck.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: xSkylarx on May 18, 2019, 02:38:44 PM
Similarities between gambling and trading is you will lose money if you are greedy. You don't know to limit your losses or stop after you earn some profit. You must have a strategy first before gambling or trading if you want to earn profit.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Kiweikoo on May 20, 2019, 09:53:09 AM
Gambling is mainly all about having luck on your side, anyone can start gambling at anytime.

You can't say that to people who work hard to succeed in gambling, there are gambling that are solely based on luck and it's called luck based games.
Man, I am a sports gamblers and I followed a lot of tipster and based on their record I can say they are profitable only if they do the right bankroll management.
Exactly, in luck-based games you cannot win or lose easily because it is all about luck such as in dice you have pure luck either to win or lose. You cannot put your strategies in such games however you can do it in games luck poker in which you can achieve a better position and play till the end that all happened as a result of the tricks and strategies you use during the game. Trading is a very safe and rich way to make money.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: engrshu on May 20, 2019, 10:46:47 AM
Similarities between gambling and trading is you will lose money if you are greedy. You don't know to limit your losses or stop after you earn some profit. You must have a strategy first before gambling or trading if you want to earn profit.

I agree with this In terms of being able to know when to stop. Not because you keep on winning doesn't mean you should continue betting, while on the trading part, more critical and analytical thinking is needed, be aware on the events on the happening on the market and familiarise yourself on how the market moves before taking your next step.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: smyslov on May 20, 2019, 12:12:12 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

I don't know the similarities, but you can gamble for so many years, but still have a long run of losing, in trading, you can learn how to trade effectively and minimize your lost and maximize your profit, the only similarities are, both have a risk factor other than that I don't see much similarities.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Whosdaddy on May 21, 2019, 10:55:07 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

I don't know the similarities, but you can gamble for so many years, but still have a long run of losing, in trading, you can learn how to trade effectively and minimize your lost and maximize your profit, the only similarities are, both have a risk factor other than that I don't see much similarities.
Long run of loses in gambling? That’s not true at all. I have been gambling for years now and I can count the number of times I have made loses. Continuous loses is mainly for those who are greedy and irrespective of the lectures they go for on how to trade, they would still experience losing in trading. I feel they are just similar in both, ways when played. Too many similarities between trading and gambling.

I consider the goal of making profit a similarity, Risk is also one similarity between both trading and gambling and the characters between the people involved can also be considered a similarity.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: bitgolden on May 22, 2019, 09:23:56 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

I don't know the similarities, but you can gamble for so many years, but still have a long run of losing, in trading, you can learn how to trade effectively and minimize your lost and maximize your profit, the only similarities are, both have a risk factor other than that I don't see much similarities.
Long run of loses in gambling? That’s not true at all. I have been gambling for years now and I can count the number of times I have made loses. Continuous loses is mainly for those who are greedy and irrespective of the lectures they go for on how to trade, they would still experience losing in trading. I feel they are just similar in both, ways when played. Too many similarities between trading and gambling.

I consider the goal of making profit a similarity, Risk is also one similarity between both trading and gambling and the characters between the people involved can also be considered a similarity.
I am not surprised at how so many people just conclude that gamblers are losers. How can you conclude that gambling has a long run of loses in gambling, if it’s true, then why are there still gamblers. Yes people loose a lot in gambling but like the upper poster said it is more with those without self-control and very greedy people. The much talked about trading that gives profit have giving me so much loses. It all depends on the player and how the game is been played. If I am to compare both trading and gambling.

I would say that trading is for special people, that is those who are skilled and gambling is for everyone. Whether with or without experience.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Ranly123 on May 22, 2019, 10:03:52 AM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?

You got the point in that. Trading is like you gamble your money because any moment you trade, you cannot guarantee that you would get the highest possible profit you can get. Or worse you will end up lossing your investment.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: swogerino on May 22, 2019, 11:00:16 AM
Gambling is mainly all about having luck on your side, anyone can start gambling at anytime. But as for trading, it mainly has to do with your skills and when you don't have that skills you're not going to gain anything. It is not something you just start in a day, you will have to learn it. I hardly see myself gambling these days after I learnt trading. These days I just Play gambling when ever I feel like I just want to have the fun, mainly what I'm doing these days is just trading and I have to say that it is much better than gambling as far as you have the skills to do it.

I think that is true only in theory as in practice the facts have shown that no matter how skillful you may be in trading you will still end up losing money in the longer run.Even professional traders are losing money on a regular basis and I have yet to see one trader making more profit than lost money in a long amount of time as in short time it can be done with some luck.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: redsun114 on May 23, 2019, 05:55:03 AM
I think there are more risks in gambling than there is in trading. Trading is a lot better because in some ways it's usually about your skills and not really much about luck, unlike gambling where you're mainly relying on luck to win, though I have seen some games in gambling (Casinos) that has to do with skills as well. But my support goes for trading, i think it is a lot of much better. And there is this kind of addiction I see in gamblers that I don't see in traders. Most of the traders I see are always well organized and they are not kind of addicted to trading, but gamblers has majority of them who are so addicted and can't do without gambling for a day. Some of them will be losing and will never make up their mind to quit for that day and continue another day, rather they continue till they have lost everything they have in their pocket.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: raven7886 on May 23, 2019, 12:00:54 PM
I think I really need a mentor in trading because I always end up with loses and I am always amazed whenever I learn that trading is more profitable and with less Risk. I am obviously on the wrong path and maybe I am not getting it right, started trading with 1BTC last year and I have barely less than 0.79BTC.

Gambling on the other hand has been quite easier for me even though I make little profits because I play for fun, there is possibility of me making more money if I played for money. Its kind of difficult to draw the similarities between both, so I would assume there are no much similarities but more of differences between both .
Yes, you might have to get someone who is very good at trading; there is a section in this forum you will find them. You can become better when you learn but for gambling, don’t be too sure of making money, it is just better on how you play for entertainment. What Is meant to be will always be. If you are in damn need of money, you can hunt for signature campaigns or bounty hives and forget both trading and gambling for now.

The similarity I see between both is Risk. They are both very risky. In trading, there is no hope that the money would come back no matter how good the trader might be and same as gambling.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: Ipwich on May 24, 2019, 07:12:32 AM
Trading is a very safe and rich way to make money.

I like to disagree. Trading has risk like gambling and not majority of the traders are profitable, so getting rich is not an easy journey.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: RealMalatesta on May 24, 2019, 05:07:44 PM
Gambling is mainly all about having luck on your side, anyone can start gambling at anytime.

You can't say that to people who work hard to succeed in gambling, there are gambling that are solely based on luck and it's called luck based games.
Man, I am a sports gamblers and I followed a lot of tipster and based on their record I can say they are profitable only if they do the right bankroll management.
I don’t know why they always conclude that all gamblers depend on luck to win games. They have no idea, what efforts gamblers put in to become successful. Like you mentioned, there are some games that are based on luck but it’s wrong to generalize all gambling’s as such.

Although I play for fun and I have little idea about professional gambling, but the few professional gamblers I know, work very hard to make money so in my opinion, I think both gambling and trading requires much efforts from the participant to make money. Those who trade are serious minded same as professional gamblers.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: 7788bitcoin on May 24, 2019, 08:12:30 PM
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?
There is no similarity between gambling and other forms of investment, you can identify the market situation globally and how the market moves when it comes to the rest of the investment and that cannot be the case with gambling, gambling is like tossing a coin, it can either have two results and nothing else and that is not the case with investments.


Title: Re: Outside risk: similarities between gambling and trading?
Post by: guoyu78 on May 28, 2019, 07:05:08 AM
Trading is a very safe and rich way to make money.

I like to disagree. Trading has risk like gambling and not majority of the traders are profitable, so getting rich is not an easy journey.
You are correct actually and I agree with you that trading is also very risky. Is there anything that involves money that doesn’t come with risk? Nothing is 100% safe as long as it has to do with success and there is no guarantee that everyone involved would become rich,   If trading was that easy in making people rich with low or no risk at all, I am sure everyone would have been into trading by now.

I know a lot of people who are into trading that have lost a lot of money, so please correct that notion, there is no easy way to become rich than to be patient and to learn to take risks when necessary.