Bitcoin Forum

Hi,

Recently I began to wonder if crypto trading couldn't be perceived as gambling by its pure form. I know that we have here enthusiasts of crypto trading but I hope we can take it cool and try to think of it reasonably. Having this conversation might be helpful not only for beginners but also for more advanced traders. By saying that I mean people who trade longer, not necessarily who gain more profit.

First of all, I must say that by no means am I trying to state here one and only truth. This post is rather a bunch of my own thoughts which I would like to share and develop.

The question arose when I was trading during one of my daily session and it was neither good nor bad as for the closing balance sheet. The problem was that I was using my limited knowledge and at that point all I was doing was like trying to find something elusive. I knew it was there but couldn't really predict anything. The best metaphor I can find is pretending to be a doctor and curing people without having a clue about medicine. What it implies is that you can't be a good doctor without studying huge amounts of material and reviewing multiple case studies. Before you reach a certain level, you can easily hurt people or hurt your wallet.

This is where I come to the conclusion that for most of people who trade, trading is just a gamble. Sometimes they win, and this is where legends are born most of the times. Sometimes they lose, what happens more often. In general we are lured by huge and rapid wealth and such desires are addictive, especially if you succeeded a couple of times. Only few are determined enough to reach a level of proficiency before losing it all - money, hope and a touch of reality.

It sounds depressive as I read it but this is how I see this.

Trading is gambling for newbies and those that do not know the right thing to do while trading, but trading is not gambling. One thing about gambling is that you can lose all your money just at ones, but trading helps by making the loss to be gradual and the end result can support your trade or position opened in a way unrealized loss could become profit.

What I just know in trading is that you should not look for amount of profit you are not willing to lose, it is very important. But there is more to trading which would be very helpful, but if not known, then trading is gambling for such people and the result can be a big loss.

Trading will only become gambling once you depend on your luck, and that is why many lose the money because they didn’t do anything aside from a guess buy and sell strategy. You can be more good in trading once you do analyze the market, this is your hard work is needed and you should do this to avoid such losses. Those trader who succeed in this market didn’t think this as a gambling, but they treat this market as their job and they have to do their part to get the profit.

that's true. trading will only be gambling if a trader won't do any due diligence but just randomly picking a coin to trade with. trading requires patience and a lot of experience to get ahead of this game. once you got a very good grasp in this market, it will be easier for you to take profits as your skills will aid you in this journey.
it is not the same as most gambling games like dice, roulette and other luck-based games, where players are relying mostly in their luck.

Trading is trading and gambling is gambling they've differences from each other.
You can't do trading without proper knowledge even if you're a newbie, so can't say, you can trade that based on luck, it should be you're knowledgeable and have skills in trading.  No one can be consistently lucky in trading which you can be called the same as gambling.

Gambling is much more accessible than trading, you can gamble even though technically you don't have skills in that game.
Gambling is all about fun, while trading you aren't even though they have the same goal of making a profit.

Not all trader are gambler, and trading is not gambling even if many believes on this.
In gambling you only depend with your luck while in trading, you depend on your own analysis and other signal. Trading needs a lot of work, indicators can be a big help but if you do this without any analysis, maybe that is the time you can consider trading as gambling that could only be 1% of the whole trading community, mostly newbies.

One of the wrong thing to do is to trade with some altcoins, you may know some, having good marketcap and trading volume, but the volatility makes it not better in trading. I have preferred to just trade bitcoin which yield more profit for me. Know that many traders can trade better coins like bitcoin but which can be seen as gambling if they have no knowledge about trading than to just use it to gamble and see if their luck works out for them, but at the end, they lose their money.

I guess there are already several threads discussing similar. I don't know why questions about trading and gambling are always there.

Is trading gambling in another form?  (https://bitcointalk.org/index.php?topic=5411170.0)
Can trading be likened to gambling and how so?  (https://bitcointalk.org/index.php?topic=5406259.0)

I believe people who still think trading is/are part of gambling, are beginners in crypto trading. probably almost all trades.

a novice trader buys and places buy or sell orders with their guesses. not use analytical techniques or even more complicated trading techniques. like placing a bet in a casino, not even seeing a chance to win.
in the past, that's what I did. after studying and knowing more. Every trader will know that there is a very clear difference between trading and gambling.

The fact is that not everyone can trade cryptos, much like how not everyone can perform at the World Cup. A good number of people have no clue how to play soccer, which would make them outmatched in this competition. Likewise, the same goes for cryptocurrency trading, not everyone is capable of it, no matter how much you learn. If you decide to dive into the world of cryptocurrencies, then you need to understand that they hold a fair share of risk involved. There are reasons to be optimistic about them, and there are reasons to be weary. If you're interested in trading cryptocurrencies, then you should always do your research and never invest more than you can afford. Some people have made incredible amounts of money by doing so; others have lost it all. Speculating can lead to big gains, but it can also lead to big losses – don't fall prey to hype and buzzwords in your efforts to play the market.

Actually I don't think it's a problem when a trader wants to trade some altcoins the condition is of course as long as they have the capacity for it,
other than that we really need to know which altcoins are good for trading,
it's just my opinion and everyone has their own point of view

Trading in general — inside and outside of cryptocurrencies can really be fully considered as gambling if you don't actually know what you're doing and just trading blindly(or making decisions based on other people's trades).

Although many say that trading is different from gambling, but in reality it is not entirely true, for those who are used to trading on altcoins being hype, for example, meme coins how many traders enter the market because they think it is a good time to get high profits, or when Terra Luan drama happening many traders continues to exist in the market in the hope of getting profits to cover losses, this is purely gambling because when traders remain in a market that is already in trouble, they are hoping for luck which is very synonymous with gambling.

Full-fetched gambling if you really don't know what are you doing. Even for the full-time, experienced crypto traders, it was full of risk and borderline of a gamble too. You can lose all of your money in a short amount of time trading cryptocurrencies (derivative trading, pure shitcoins,...) Yep, just like how gambling was so don't think you're safer or can recover at least a part of your investment. Remember how the LUNA down from nearly $100 to 0.0000x? That's like -99,9% down!

In short, you compared it to a student who take a medical course in which you first have to spend time, including the large amount you will spend on studying for a doctoral degree course, am I right?

You know that trading in this cryptocurrency industry is a kind of choice and no one is forced here or nobody is ordering or dictating you to do it or you shouldn't do it, it's not like that. Although it cannot be denied that you will release capital here, it depends on what you can afford to lose because its value in the market fluctuates most of the time. It means that if you can loss a big one at discretion if it's a small one, and vice versa, just simple as that.

99% of it.
The rest of the 1% comes from people who just don't want to admit they are gambling and hiding behind random lines of TA thinking it's different from checking the previous numbers of goals scored in match by a team.


They are the same, this is the same kind of denial people just part all day to try to make themselves look better and avoid looking at the risks it involves.

The average gambler only knows how to bet on a single or a few events, go and take a look at the gambling board and half of them would have a problem understanding a handicap or a spread and I'm pretty sure 99% of them would need hours of reading a tutorial before understanding a betting exchange and how it works. In trading most of them just buy because they think it's a low price and they sell when they have a profit, some go for leverage which it's petty easy to do, of course 1000x times harder to make money out of it but the reality is that you can place any sort of trade (and lose money) far easier than a lot of sports bets.

Shitcoin trading is gambling, end of it, they have zero reasons to look like anything else, at least with a match there is no way that if Buterin holds a banner with Barcelona during the game the result will change, with crypto one imbecile or one fake rumor and you have a 20% swing in minutes, and no TA will ever mage to predict that.

If people just buy randomly without doing any analysis, it's a gamble because they expect to guess the price to make a buy then or sell and most of them suffer a loss, although some of them can make a profit. But we can't always get profit by doing it this way, considering that market conditions and situations are always changing. This is where the importance of learning to analyze which is done continuously to improve our ability to trade and not many people can do this.

Considering how volatile crypto is. Everyone is just gambling at this point because no TA can save you from a huge price swing due to sudden fud or good news in crypto. Crypto trading is very easy to manipulate due to its volatility so I agree to everyone here states that we are just gambling and using TA as delusional guide to make a position or decision on our trading.

I usually do TA just to determine support and resistance to trade near at that level but I always consider stop loss close to my buying price because I’m always gamble whether there will be instantaneous news that will reverse my TA or not.

If you rely solely on luck, I'm afraid you will lose your moment of profit because what you do in the market will cost you. That's what you will get if you trade without analysis and based solely on luck. Indeed there will be times when you can get lucky but that does not guarantee you will always be lucky. Maybe if the results of your analysis still make you hesitate but you still want to enter the market and try it with a little capital, I think it's still acceptable. And if you can accept the risk of losing money on the trade, you can trade, even if you are gambling.

there is another difference in my opinion. once a gambler has made a bet, he will have no control over the assets at stake in the casino.
but in trading, the control of the asset is always with the trader. however, the outcome of the trade is never known when it comes to buying the asset. but traders can hold assets and not accept losses. it's as you mentioned regarding the risk of trading which is less than gambling.
the trader has complete control of the asset, wants to sell at a loss, or remains to wait to grow again until it gives a return.

It will become gambling if will you will not take it seriously i mean if you don't educate your self and just trading because of perspective that will give you good returns afterwards.  Knowledge is a must! So be smart enough if you don't want trading to be a gambling form because its very risky tbh.

In fact, they have a lot in common, but if you look at the details, it is clear that the two are not the same. In trading, we still have control over the asset as you pointed out, in addition in trading we also have to rely on knowledge and market conditions to have a suitable entry point to be profitable. This is not in gambling, with gambling you just bet and win or lose depends on your luck, there is no basis for you to predict your own outcome.

maybe that doesn't apply to sports betting either. bets for horse races or football matches. Of course, the gambler will analyze before placing a bet.
as you mentioned it might be suitable for betting on dice or card games. slot games will also match your reviews. because all we do is bet our luck.
The deeper you understand gambling and trading, the more obvious the difference between the two will be.

I wouldn't consider something "difficult" in Trading to be gambling immediately. It may be difficult yes, but that just means that the factors involved are rather elusive (for you at least), hence the difficulty (but that's another matter imo). Trading is fundamentally different from Gambling since Trading needs you to identify what an asset is and whether it is worth investing on it(hence waiting for it to grow) or not. I wouldn't say that there's no gamble in it, no, but at the very least it's a calculated gamble (unlike gambling in say dice, slots, etc, which is 100% reliant on luck).

There's the idea that every action we make can be considered a gamble, but it turns to be a purposeful action ONLY if there's thinking behind it. If there's none, then that's what I would call as a "gamble".

Crypto trading has a structured price and buys the concept, whereas with crypto gambling you can speculate and will not over-test without requiring any special skills or knowledge. But the point is not there, because everyone also knows that today's trading falls into the minds of beginners after being stimulated by the wealth of other people generated from crypto trading. The bottom line is that crypto can lead you to gamble and can also lead you to trade depending on where you place the crypto description. I don't blame it all, because in the end beginners imitate what they don't achieve, accompanied by the absence of a mentor in every step they take. But gradually they will realize where is gambling and where is crypto trading over time.

When we decide to trade it is very important indeed to have knowledge as well as skills,
Basically trading is clearly different from gambling,
Trading is so complex that it can't just rely on luck alone

Isn't life a gamble? It's always about changes and the chances and how you can get the most out of something when you have decided the right things to do and make sure you can accept that risk without pressuring yourself.

Well enough of that sentimental stuff. I think that every trade you do in the crypto market is a gamble and will make you realize how important making the right decisions with the proper risk management is. It will be a problem if you go all in and do not think about it too much.

If you are still in the learning stage of trading, you can try to buy low using a little money to get to know the process and see if your analysis is working well or if you still need to learn more. But the process of learning to analyze will continue even though you are already a pro trader because the process will be like a lifelong process as long as you are still a trader.

That's the difference between trading and gambling because a learning process keeps us from buying randomly and can determine when to enter the market. But indeed, many traders do not analyze in detail and even use trading signals given by other people. This is where their fault lies because it would be like gambling. After all, they don't know why other people are giving the price to buy or sell.

It only turns out to be gambling if your trading basis on the cryptocurrencies has no ground whatsoever.. all depending on luck!
But if you trade using a strategy that you believe works and market isn't going in your direction then your strategy needs improving or more back testing is needed to perfect it. And besides it has to be stated that you won't always win as their are other factors out of our control that could affect price like new legislation, political influence, news etc.

I think the point here is the act of gambling and not literally the gambling games. OP is just trying to point how risky crypto trading that almost like you are gambling your chances of winning. Crypto trading is a very hard profession due to its volatility which is why it’s always being incorporated in gambling nevertheless it’s really different in gambling since this is buying assets and hoping it will go high while gambling is just relying on chance to win.

Trading isn't gambling once you know your onions you are good to go, however trading becomes a gamble if you are trading blindly without any knowledge and skills required to beat the market that is very risky, there are full time traders who trades as a day job that attest to the fact that trading is not gambling, many traders utilizes TA to build their trading strategy which follows a definite rules before any trade can be executed and had been trading to earn profits consistently however, to attain that stage as a professional traders it's a lot efforts on studying and learning trading skills such as candlestick patterns, Price Action, e.t.c

Trading is not only about buying a coin but it's also about how you initiate your trades. If you don't have a strategy then you won't likely succeed with it. When you buy a random coin, there is still a chance that you will earn something out of it as long as you know how to initiate your trades. Trading involves price guessing but we can guess in an educated manner because there are several tools that we can use.

Analysis is easy to do but trading is more than analysis. We also need to learn how to deal with our emotions and other stuffs. Analysis is for all but trading isn't due to how complex it was. This is why many people got intimidated instantly whenever they hear the word trade. 

It depends on how someone understand trading, some people who are new into trading does not acknowledge that trading is not a gamblling, because from their perception they are seeing trading as gambling, but in normal sense trading is another definition of trading bitcoin as an exchange, and it's only the newbies who strictly make such utterance that gambling is similar or exactly like trading.

Its all gambling because any coin can go from hero to zero.The best strategy is to just buy some bitcoin and hold it instead of trading.The only function of crypto trading is to get more bitcoin and the only thing thats real is the pump.

If you should define or labels it as gambling, do you know that is applicable to buying and selling of cryptocurrency and especially Bitcoin. I want you to comprehend that in any investment they most be a risks measure that is attached to it, bitcoin itself is also a risk, because it's something you buy and nobody knows when the value will depreciate.

It could really be considered to be a gamble yet we know that there's no such thing about assurance into its future but totally different on general essence if we do speak on pure gambling.

We could really apply some analysis into it which its clear and seeing its past that it does have that potential and this is where analysis could be applied which is something

opposing if we do talk about gambling.It might not be certain but at least you do have some idea on what you are doing.

This thinking is true, there is nothing wrong with what you said. And it's true, in fact, there are many traders who do things like this.
How long we are traders cannot guarantee that we have been able to become professional traders or experts in trading. especially if we ourselves have not been able to analyze charts and find the most suitable strategy for us and understand sudden market developments and changes. Of course, without good knowledge, experience, and bad strategy, we will only rely on luck to get profits, otherwise, we will lose our money. This is especially true if we carry out trading activities on the Futures market and with leverage.

There is a huge difference between trading and gambling.  Though there is a thin line separating our actions to whether we are gambling in our trade or we are actually trading.  After all it all goes on our preparation and knowledge about the stuff we are trading.  If we are trading blindly, sure it is good as gambling but if we are doing analysis and research, it cannot be called gambling because our action is supported by our analysis and the chance of gaining profit is not random or not by chance.  Of course, there are unknown factors in trading but they can be solved by gathering the right information.  While in gambling, no matter how we gather information the result will always be random.

I somewhat agree to what you've said since I'm also a bitcoin holder and I want people to accumulate as many bitcoins as they can.

But, that's not the only purpose of crypto trading. For us who likes bitcoin a lot, that's the purpose of it. When we win with our trades, we want to add more bitcoin to our bags.

While for the others, it's not how it's going to go because they've got some other purpose and they're not focused in adding more bitcoin as they trade.

It will be very bad for people to go into what they have no clues of or even pretending to be an expert instead deeping down their heads to learn and understand more important about what they are embarked on, initially those who don't know much about trading might slightly take it for gambling but I must say trading can't be compared as gambling rather but gambling is more risky.

Trading will become a sort of gambling if done in a risky and impulsive manner without planning. This is true for many users who have that mindset and are hoping for quick gains in short time.

Spot trading is much less likened to gambling but options, futures and margin are. Too much day trading without knowing how it's done is also a gamble.

The point to maintain the line between the two and not cross that. Don't let trading become an obsession or an addiction.

Trading is not all about Bitcoin, if you think like this probably you are just depending on the hype of Bitcoin and that can be consider as gambling.
Trading is about analysis, if you didn't analyze then that is not trading for me. Gambling is more about luck which can relate to trading if you do it aggressively without analysis. We should not think about gambling because trading is different, and I see more passion and commitment with trading compare to gambling, some gambler didn't mind losing money while trader, they work hard to analyze and more confident about making profit.

A lot, depending on your skill level and understanding of crypto. I personally believe that we shouldn't be really trading if we are newbies and have no understanding of how trading works. I have seen people who jump into 100x leverage trading as their first ever trade, can you imagine how stupid that move is?

I am sorry but if you do that, then you deserve to lose your money. The real move would be buying long term from low, wait for it to go up, use your profits to make riskier and riskier moves, but if you ever are not in profit, stop because it means you are about to lose money. Always take risks that you could afford, and realize how risky it is.

You get things elusive in gambling while in trading you know there are products involved to be exchanged, one for another. I know the thought of people yolking trading and gambling as same will come from the feeling that both can't be touched or felt as tangible products. Those who truly trade know that trading isn't synonymous with gambling. It's buying and selling, simple.

My own thinking is i have replied to this type of question many times as i have the same point of view again. Why and How can you compare trading with Gambling as Future trades by zero analysis and just bluffing can be called Gambling at some point but in spot bro how it can be gambling? Trade is taken after analysis.

They arent pertaining about on buying or selling procedure but rather they are really that talking about the risk involved or on how its been done.We arent that blind that comparing
a career or activity which could be considered as an investment or something correlated which is on trading unlike when we do gamble then it would be basically be talking about
leisure time or entertainment.You cant really make up some comparison in between things which are dedicated or created for different purpose.
Well yes when it comes to risk been put up then it would be the same on some situations but they are entirely different on what are the fundamentals or overall operation.

Yes, trading is trading while gambling is gambling but if we research the concept of each two we still they are almost the same and this I believe is the reason people (including myself) consider trading to be a form of gambling because the next trend illustrates by the chart candle does not justify the end result. However, there's always what to do if the market's next trend is not in favor but not getting the correct result at a certain point making it look like gambling.

Although it should be, trading is not gambling, but in fact, many people are gambling on trading. Why? because, they do not have sufficient knowledge to be able to analyze chart indicators in the market. What's more, they are beginners who don't really understand trading activities, so it seems like they just rely on chance, that is, hopefully profit.

Meanwhile, a professional trader should have their own benchmarks and strategies to analyze various market possibilities and anticipate losing money when the market suddenly changes course and does not match the initial prediction.

I do not really understood you, what did you mean by luck? In trading, there is nothing called luck, if it works for you today, it won't tomorrow and the loss can be very severe in a way trading can take money from traders than gamblers at times. In trading, we do not rely on luck, we make analyses and have strategies that helps in a way we at least make money.

As long as a trader do not make analyses, but just trading, it can be called gambling, be it in spot or future trading. I remember I started with spot trading, I gambled (traded) and lost a lot of money, but leveraging makes the risk highly higher. Also was a friend of mine that won big and lost all after using trading to gamble.

This is why some common people think about crypto trading which is almost synonymous with trading. Because it depends on how a person trades properly, not prioritizing greed, because trading that is carried out in extreme is equated with literal gambling. Trading like this will be very risky, without any management and strategy. They just trade buy and wait for when it will go up or when it will hit the price they want. Staying away from this kind of trade will save your money and your mind.

Very wrong misconception specially to those who are complete newbie or have zero knowledge on what trading is all about.They would really be having that impression that trading is just an easy buy and sell of coins

without even realizing that its never been hard unless if they do have the actually experience but let them be because sooner or later they would really be that able to know on how risk trading is.
I do agree that it does have some sort of gambling whenever you do make out decisions or positions which it doesnt really have any analysis on it or simply a guess because of guts
and intuition which is never been suggestible.

That's true. That's why before we start trading, we better learn about trading and that we can get easily with the help of the internet. We need to know many things before trading, including how to choose coins that can give us profits later. But it would be better if we don't choose or buy coins that we don't know if they are worth buying or look for other coins.

Never trade by just guessing because it won't always work but start trying to learn analysis so you can know when to trade and choose the right coin. Thus, our profit chances can also be greater than before. And remember that learning to trade takes time and not everyone will be consistent with keeping learning.

Right Any time you buy something and leave it to luck, it becomes like gambling.Never buying speculatively on a trading platform and leaving it to chance is a complete gamble.Just like gambling you are betting on luck, trading on guesswork is also betting on luck.But whatever you do, you should analyze the market carefully and then trade, otherwise you should not trade on guesswork.

This is an entirely new definition to me for sure. Categorising gambling to be whatever investment or purchase that is left to appreciate of luck might have it. Well, that could be that but in truth, gambling isn't a 100% luck. A few games have always come with some know how about it or have a higher chance of getting a particular outcome. This is more common in the sportsbooks.

It's easy to anticipate a Reak Madrid win between a team like Real Madrid and Newcastle should they ever make it into the champions league, my choice would always be Real Madrid and most times, they do deliver such games. Would that be technically luck? It's hard to say.

Understanding the concept of trading means that you should know there is no centralized figure, meaning if you lose, someone else is winning, and that is how trading works. Even in a situation where it’s going down and both trades lost, one loses more than the other. That is why it is important to make the distinction from gambling where everyone loses to the house, and only house wins. Trading is not like that, be better and you will earn more.

One problem is that, in trading world there is a top heavy winners too, less amount of people win more, whereas more people earn less/ lose more and that means you should aim to be at the top if you could possibly do that.

The amount of unknowable variables interferes with the prediction algorithmic formulae of cryptocurrencies just as much as it does with stocks. That's why it will never be possible to predict price moves at 100% accuracy. And that is exactly why there will always be an element of gambling in cryptocurrencies. The big difference between gambling and crypto/stocks is that you decide how much risk you are ok with and where you can lower the risk by doing deeper market research. In gambling you get what you get. And with a fixed probability of winning each time.

But if you think about it, life is all risk. You just choose between the risky and less risky options. There is never an option with no risk whatsoever.

We tell that it's profitable which is true but if on the actual, this is hard to maintain and balance because usually, you're just going to lose no matter how badly you want to make a profit.

Most traders are losing even doing the right approach because the market is approachable and unpredictable. Somehow, I'd agree that it's quite profitable if you've become experienced and you've improved on how you make your decisions.

Since you are building experience, just go with the flow. There will be lots of issues that you will face while trading cryptocurrencies.

Your emotions is having a big role here and no choice but to accept that sometimes you will be stressed dealing with the markets.

Just continue your progress and try to take things smoothly. Soon all your concerns will be addressed because of your experience.

What you are saying here is correct Sir, there is a big difference between trading in cryptocurrency and gambling in this industry. Because crypto trading can be considered a job not a bit of luck is expected. This trading in the crypto space is an opportunity that if we take it seriously, can be a source of income for any of us here as long as we have enough knowledge and ideas because if you don't have it, the assets you buy to trade here will be wasted.

Now to say that crypto trading is a gamble, it is only based on individuals who do not have enough knowledge about it as you mentioned. Or it depends on the understanding of a community here on cryptocurrency.

Well, trading with new coins/tokens, counting old low-cap ones too, is pure gambling. Simply there's a lot of manipulation with them, proven fact, we had/have too many cases around, pump & dump scheme is something we see very often in crypto. Those who decide to join that circus are risking a lot, there are no rules here, some guidelines... it's just about the timing, getting in & out on time, like placing a bet on red or black in roulette. But in roulette we see the ball, in these schemes, we don't see a lot, any bagholder can dump everything in minutes and leave you with a bag full of worthless coins.

I like the way you explain it, but it's true.
Even if a trader does it without any analysis, then it is also a gamble where they only depend on the luck factor. I know that many people do, especially if they are new traders who have no knowledge of trading.

In the end gambling on trading is done unconsciously, they expect big profits on assets whose prices are very low. My statement may be proven from the many altcoin memes circulating in the market and being manipulated by the whales. One of the most famous recently is LUNC.

Well if we trade with our luck then we can call it gambling but if we trade with our experience and knowledge then it is pure our mistake when we got losses. Many people didn't have the patience to wait for the price to bounce back instead they sell and try to buy at the lower level. When the same thing happens they end up losing and said that trading is gambling.

Since crypto market is well known for being unpredictable, we can say crypto trading is totally about gambling, at least on short run.

There are no possible analyzes to lead us to a conclusion if bitcoin is going to rise of fall today or in one week or in one month and even in one year. You have to make a guess and pray that it is the right one.

On long term, however, we start having elements to build a conscious and functional prediction, therefore we don't have to rely on luck exclusively anymore, but on facts, events and concepts surrounding us and bitcoin (which drives this market in every directions).

So, if you are going to trade, make sure you are going to do this thinking in long time periods. This way you will stop gambling and will start trading for real.

When you do trade without any knowledge or you dont really have the idea on what you are doing then you are just simply doing gambling.Anything that you do without any proper preparation and you do just
simply throw off decisions without any basis then its gambling and we know that trading shouldnt really be handled that way.Yes, theres no such thing about certain things on trading since this market
is unpredictable on the first place but you should really make yourself do all sorts of things to minimize the risk as much as you could.
Dont think and treat up things like you are gambling because its never been that good to have that kind of behavior on dealing up with these things.

If they know that they are a newbie, they shouldn't try trading for a while but what they must do instead is to read, learn and continue researching for information that could help them become a true trader. They can also do copy trading, if they badly want to earn as soon as possible without or with a little knowledge on their head.

Given that pro traders can also experience a loss, that only means that there is really a gambling element here in trading but that is not much because there are so many testimonies about traders which already made a fortune here in trading but the numbers of successful gamblers in the gambling world are only less.

Struggle and challenge are part of trading cryptocurrencies. There's no shortcut to success. I think you are at the stage where you didn't know what to do and most of your trades are lost that's why you ended up in the conclusion that trading is no different from gambling.

Therefore, changed that idea. Your good trading experience will depend on how you managed it on the way.

When you had invested in the random project,it may be turn to the gambling.For investigation it doesn’t take huge time.But you can earn more from it.Manylegit project are launching in crypto currency now,but they don’t know how to do digital marketing.So it leads to their less reach of the project.Trading is not same as gambling.If you want to earn good money from gambling,kindly do the gambling and not choose trading.

The main problem when novice traders enter is that they trade with limited knowledge, and of course it becomes a risk they will feel when they continue to lose. Gambling in trading occurs because those with limited knowledge try to guess about the price going up or down by placing several orders, they don't have any streaks about predictions or technical analysis because they don't have the basic knowledge.

Sometimes they win (very rarely) and sometimes they lose (very often) so they say it's like gambling, even though their own abilities are very limited.

and this will be even more visible when trading in the Futures market, which of course is only guessing whether the price will go up or down, and this will be more risky than spot trading.

Considered gambling or not it also depends on how they do it and how well they understand real tarding. Psychological control is very important so that there is no loss like gambling.

https://i.postimg.cc/Kjf8vYWr/investing.jpg

In the first place, why risks your money on such random projects?

That's really a form of gambling as if someone picks a random project, then for sure, no research has been made prior to that investing their money.

I don't know the reason why someone will just invest in random projects.

-Maybe because of hype?
-Maybe because someone lured them?
-Maybe because just have no knowledge at all and want to gamble.

In trading cryptocurrencies, let's make a habit of not turning it into whole gambling. We already face the risks of losing money because of the hard market volatility that's why make it to the point not to add more risks by choosing random projects around without due diligence.

Atleast sitting down and analyse the market is not an easy task compare to gambling that you just take decisions on your own.

Spot Trading is comparable to EV+ gambling similar in the lines of sports betting at best. This needs skills and knowledge and not hastily made impulsive decisions. Therefore it is often likened to gambling but a trader can keep a control over their trading habits if they wish to.

Most of the times this simile is used in a degenerate sense. It is our job to make sure that it does not hit that tone.

Comparing and analysing the market is definitely a tough thing, that is why it needs practice and dummy trading. But again it is not for everyone, specially those who lose patience quickly.

Trading is risky but the risk is bearable and manageable if you know how to do technical analysis. You won't rely on pure luck here because there are applicable strategies that you can use. It can be a skill base as long as you know the fundamentals of trading.
In gambling, you can only rely on luck and your profit will depend on your decisions. The result could be done in just one click while in trading, you can do a series of research about the potential of the coin so you can deal with its volatility. Trading is a long process of learning, unlike gambling where you could play any type of game that you know anytime.

People that gambles when trading is bound to lose money even if they make a good fortune out of it. They will always rely on their luck putting their money at huge risk everytime they invest on a certain crypto. If i were to experience a one huge win from trading, from luck, I would use that opportunity to increase my knowledge about it. If i continue to rely on luck on my next trades, I will definitely lose all those profits anytime soon.

I also agree that the two are completely different but in trading beyond knowledge and news affecting the market it still takes a bit of luck, not much and not expecting but we need a little bit because the market is unpredictable. The biggest difference that I think people can see most clearly is, there have been many investors, traders have become rich by investing and trading, and billionaires today are also investors, and top traders. And I have never seen anyone get rich from gambling, sometimes they will win a lot of money from gambling but they will never be lucky forever and they will soon lose everything if they don't realize that gambling is not a way to get rich.

Well said. It depends on the trader whether he wants to gamble or trade with a proper plan.

If one jumps into the trade without a trading plan + with high leverage then clearly he/she is gambling. But if one reads the charts and defines his entry and exit zones. And takes trade with after looking at price behavior. Places his stop loss according to his risk-to-reward ratio then I would say it's not gambling.

Anything that involves trading of assets, be it stock,cryptocurrency or other volitile assets, there is some level of gambling in it. The level of gambling is determined by who is the person trading. If an expert is trading there is small amount of gambling in it but if it is a novice, then there is a high level of gambling in the trading but in all there is certain level of gambling in trading, that is why it is always advised not to trade or invest more than what you are able to lose in any volitile assets or cryptocurrency.

I agree with some of your views, especially regarding the percentage of gambling in trading activities. The more skilled a trader is, the lower the percentage of gambling, and conversely the lower the expertise of the trader, the higher the percentage of gambling.

This means that trading activities that expect to result from price volatility are never far from gambling ^{[inevitable],} but traders will be able to minimize gambling on trading if they have good skills at judging, observing and making decisions.

It depends on the "cryptocurrency".If its a shitcoin then it is 100% gambling.If it's an "altcoin" like namecoin or some other reputable coin then it may not be considered as gambling 8)

I can see there too many similar kind of thread related to the trading and gambling but I don't know why even new users compare the trading with the Gambling it makes no sense also there I have seen some of similar king of the threads in the Alts section it seems annoying the simple fact is that trading is not gambling for the more information lear about trading then you can completely understand how trading is different from the Gambling.

You would really expect different threads on the same topics which had been discussed for how many times on this forum alone but let it be yet you cant stop people on making new one.

Going back into the topic about trading as gambling thing then its not really that totally a gamble since you could really apply some analysis through it unlike when you do play casino games which analysis

is irrelevant which does simply implies that it cant really be that possible for you to mind off things when you do gamble which is unlike on trading where you could really be having that application.
You would eventually find out for yourself if we do speak about risk taking and its decisions.

In fact, gambling, if it is sports betting, also implies a very fundamental analysis of the event, unless of course it is blind betting (which, by the way, can also be done in trading when you buy coins without analysis). In both cases, you can make money, but from my personal experience, I will say that it is much more difficult to make money from gambling than from trading. In trading, you have more chances when your coin has dropped in price, there is always a chance that there will be a good pump (I'm talking about spot trading), or a bull market will come, in the case of a bet, if you lose it, then your money immediately leaves to bookmaker.

Well, you are absolutely right about that, when I make bets on sports, the knowledge that we have has a lot to do with it, I think that there is 90% of our own responsibility, and the other 10% I give to luck, because in part it has happened to me that I have an almost perfect analysis of the sport, because I know the team, its skills, its entire squad and even its possible substitutes (in soccer) but then it can happen that for some reason those players that they are so good they play at, and just as they play badly in an oversight the other team scores a goal and thus they begin to lose, that is something that has happened to me a lot, sometimes that also happens in trading.

On sports betting you could really that able to make out some comparison or making out analysis since you could really check out their statistics or records which you could really compare out and make analysis through it and this is what differs into those casin ogames.Trading does involved gambling if you arent that knowledgeable on doing this stuff.
Just like been said above that even on other experiences or things in life would really be that no exemption when it comes to risk.
It would  always falls down into the category on being already a gambling if you dont know on what you are doing.

It depends on how you trade. Traders who don’t trade with any preparation and depend solely on their “luck” to win trade fall the hardest. Your approach and knowledge are accountable for your success. Analyse the market and make choices after you have a tested trading strategy.

@Op
I must give it to you, in as much as my mind is trying not to accept that much of what we call trading is a gamble, i still have to force myself from my personal experiences to believe that all you said is true.
More than 90 percent of the time i trade, (speaking for myself now) i do what is generally termed as trading blindly, this is trading without research, no reason, no technical or fundamental backing, i just trade based on feelings, that is seeing a chart with more recent red candles than green, and i feel "this has been down for a while, it should rise soon", so i jump in..
The catch of the whole thing is that sometimes, i am actually right and i end up making some nice profit, but other times, it is just another way to hold coins i never wished to hold cus i cant bring myself to accept that ive lost( and this is actually the beauty in trading spot, you have the option to hold until you are in profit or sell and take the loss) and this is absolutely no different from gambling.

First, some people consider crypto trading to be gambling because of what's involved and the end results while some people don't agree with it. However, if we look deeply into we can say crypto trading is gambling, and what will tell how much gambling level that's involved in trading is vice-versa because it all depends on each trading knowledge and trading experience.

And there is very little doubt that many of those which trade for the first time in this market are in fact gambling, since they do not really have any idea of what they are doing, and if they happen to win a trade or two it has nothing to do with their skill but with their luck.

Unfortunately this has a very negative effect on them as they start to believe they do not need any knowledge or skill to trade and win at the markets, a belief which is obviously false as only those which are expert traders can obtain profits over the long term.

There's a similarity because the result is uncertain and there's no 100% assurance that you'll gain. However, the level for trading to be like gambling depends on what kind of trader you are based on your skills, knowledge and strategy when you trade.

If you're a type of trader who's relying on signals or in other trader's strategy without using your own analysis and understanding then it's pretty much like gambling. On the other side, a trader who's aware of what he's doing and can come up with an effective strategy using his knowledge about trading has a chance to maximize having a good outcome when he trade. Nevertheless crypto is high volatile, losing is inevitable sometimes, there's no exception and even pro traders do experienced it.

What most trader lack is patience and consistency. Most of the time, emotions play a big part in our trading. I saw traders often take high leverage in future trade after heavy losses. They want to recover their losses from one single transaction and end up being taken more losses. So When emotions come in trading time, they provoke us to gamble with our money.

When you are that too impulsive then it would really be resulting into more losses which is something that we should really be avoiding at the first place.When you do let your emotions do distract you or you do

follow on what your emotion tells you then it would really be causing lots of errors or mistakes which would really be resulting into huge losses which is something that we dont really like for it to happen.

Dont treat trading as some sort of gambling whereas you could just simply make or open up positions without having reconsiderations on what you have done.It would be always ideal that you should set out
analyzed open positions basing up on those indicators or tools that could be used off on this process.Its not gambling if you are applying analysis through it but if not then
its totally a 100% gamble.

Relying on someone is better than relying on your own ability even if you know that you are clueless on what you are doing. This is the same in copy trading if you are doing it manually. Can't really say that this was a gambling since it's possible for us to read feedbacks first before we use the signal or before we copy a trade. Losing is inevitable as you said but it is normal and as long as the ratio or our loss is lower versus to our wins.

I only want to clear out that I am not encouraging anyone to be lazy and just copy everything that they say see but of course it is always better if we can stand on our own foot. It can make us feel more confident and proud of ourselves.

Trading is gambling, but not literally. Trading is "gambling" means you're risking something, and that is the chances of making profits based on your technical analysis and other supporting techniques to increase the chances of making profits every trade.

While gambling itself directly involves money, without it, you can't bet, and mostly it relies on luck, could be easily manipulated and cheated on too, which can't happen in trading cryptocurrency, I believe.

This is only my opinion as well, trading cryptocurrency is more profitable than gambling. A cryptocurrency could be use for trading or hold it as an investment, either way, there would be times that you will not make a profit but that's okay, with enough experience and knowledge through that, eventually you'll reach the level of a trader that mostly makes profit.

It seems to me that you have made a very interesting and curious observation. I think your idea that trading is very similar to gambling is quite a reasonable idea. In both cases, people want to win and make a bet for this. There are more analogies with playing roulette here: you make a prediction on a number and wait for the result. If you guessed correctly, you win. The same is true in trading: your forecast turned out to be erroneous, which means you are incurring losses. Knowledge and experience certainly give an advantage, both in gambling and in trading, but in my opinion, a lot depends on luck. A random factor that is almost impossible to predict. Those who manage to catch this moment, those, as you said, become legends.

No it is not. You just said your mind and the mind of others, few or majority thinking trading is also gambling but it is not.



See some reasons that trading is not gambling.

In trading you can exit when you don't like the order you have made or if the trade is running against you and you decide not to continue, you can stop half way but in gambling you can't stop if you have made the bet until it is done. It is either you lose or you gain.

In trading, you can use stop loss to protect your remaining capital or liquidity but gambling is not like that.

Trading is not a game. Games most times depends on luck to know the outcome and this is typical of gambling.

The analysis in trading is by technical or fundamental. If there is analysis in gambling, it is called forecast and hinged on luck.

To this there are some news that will hit the trade on going and it will instantly change the direction of the market for your gain or loss. Example if you look at the news of Elon musk becoming the owner of tweeter had to increase the price of dogecoin. People started buying dogecoin because of the affiliation Elon musk has with dogecoin. Trading is not a game but gambling is a game either physical or animated.

That's the total gamble there if the trader is just relying on luck. Unlike gambling, trading can be applied with certain base from the market to have that advantage that you're not just relying on luck.

And most successful traders have gathered a lot of knowledge from their experiences and seen that there's a need to adapt those. Analyzing the market is one of the advantages if you know how-to and don't just think about luck is with you.

Every trader has this iota of gambling in them although it's level varies amongst different trader. Some have this gambling in higher proportion while the rest have it in lesser proportion. It is how much a trader deals with this gambling habit when trading that determines how far the can progress with what ever analysis they use. As for losses it is part of the business but consistent loss is what looks abnormal even expert traders share from the well of losses. What makes one a profitable trader is their ability to balance their loss with more winning trades

That's right, it depends on how you trade, it will determine whether it is trading or gambling.
I think trading in general is different from gambling.
In trading we make an analysis and calculation in advance to achieve profit.
In gambling we only risk our capital and rely on luck to make a profit.
This is a very thin difference in my opinion because in soccer betting or horse racing betting also requires analysis and calculation before betting.
Although trading and some gambling are based on analysis and calculation they are still different if the trading itself is done "right".
Gambling itself I think the presentation is more to bet with "luck" than with analysis and calculation.

Gambling is in trading very risky low level stuff, not in bitcoin or ethereum level of stuff. Reality is that if you are trading the top coins, you either profit, or you wait because in either way you could profit.

If you buy at 20k and want to sell at 21k, if it reaches 21k right away then you sell and make a profit, if it goes down to 19k then you wait and then sell when it eventually reaches 21k, in both cases it reached 21k, in one of them it took longer. That’s the only difference. This is why trading the big names do not feel like gambling at all, it just feels like regular trading, but if you are trading something that has like 50k dollars volume, then you are gambling for sure.

In trading, we can make use of fundamental analysis and technical analysis in order to enhance our chances of profit.  Besides market is researchable and there are signals that can give hints about the trend of the market.  We can also make use of market sentiment.  There are lots of risk control factors in trading while gambling has almost none.  The only time trading become gambling is when we venture into trading blindly.


There is a fine line that separates trading and gambling and that is how a trader controls the risk.


Meaning a person has more control in trading result than gambling since in gambling once we push the bet button it will go thorugh the result directly.

The problem with cryptocurrencies trading are the fees, it makes it a lot more difficult to be profitable in the long run. That's why I prefer the simple method of buying BTC and Eth on a regular basis and hold for the long term.

Evxatcly, having FA and also TA will be very useful for trading. Every trading that is not based on any analysis will be more to gambling, moreover the onr who doesn't know about trading. and as what you said, trading is always risky whatever we do, although we have made analysis, but there will be always the risks. the difference is how we can manage the risks if we are using the analysis.

It's true that if we trade without doing research and analysis, of course it's the same as gambling,
risk is an integral part of trading and we cannot avoid it completely,
By doing an analysis at least it can minimize the risk

You might be shocked but there are tens of thousands, maybe hundreds of thousands of people who actually do that. They do not study, they do not research, they do not analyse anything, they just see like some tokens on social media and invest into it with hype.

Obviously, there are accounts who promote and hype some tokens, thousands of accounts, and when someone reads about that token all they see is positive and amazing things about that token, so they feel very excited about the potential of something that thousands promoted. In reality, half of those are bots, the other are people who want to sell right away when they profit and shill it so it would go up.

Well I consider that taking risks is something that everyone should take at some point, in the case of traders they are always taking risks, sometimes they win, others they lose, but I think the main thing is to win or have at least a positive balance after all, if a trader wins even 1 usd, but loses less than 1 usd and makes another trade and wins 2 usd, the important thing is that he is forging himself in a very good way to be profitable and that is something that costs a lot However, the ones that achieve it are very few, I would say that of 100%, 20% is profitable and they live from trading, for me that is what happens.

Even those for whom might refer to themselves as professional traders, they still encounter loses frequently as much as they make profit. No matter how professional you might be, making some loses is just a part of the business.

You might have your analysis and evaluations all lined up to help you at a better prediction of what direction the market might turn and that involves accepting the outcome whenever it doesn't go in your favour.

At that level, one could be said to have gambled on his or her options even though it was as a result of some analytical evaluation.

Even bitcoin was a gamble at the beginning but it has shown that if you buy something that may have value in the future and have the patience to hodl it will either moon or just fizzle out.Trading it is a risky strategy but its the only way for poor people to accumulate more bitcoin because at the end of the day the only reason for trading crypto is to get more bitcoin that will probably rise steadily in value beyond inflation making it a better investment than just saving it in a bank account.

If there's someone who had gained in the market then it would be understandable that there are ones who are losing on the other side which is really the very main concept of trading and the risk you would really be facing on, once you do touch up this area.Make yourself fully aware of the risk involved when you do make trades.It would really be only considered as gambling if you dont really have that knowledge
towards it which it is really just normal that you would really be having analysis and skills on dealing up with trading.Dont make it just like some sort of gambling because
its never been intended to be that way.Apply some analysis on every step which it could really give out that kind of advantage.

Making losses is probably one of the things that can't be eradicated from the market but can be reduce by traders and investors. The market sometimes move against predicted trading indicators and this causes or results to some losses in trades. We should always expects loss in our daily trade, but we always hope for the best in trading. One never know the next option of bullied or bearish movement of a coin, with fee experience in trading, I can always come out and rectify issues involving trading.

  - I just have a question for you mate, when you hear the word "Gambling" what immediately comes to your mind? don't you bet something that you think you will win and can double or more the money you have or maybe you think you are lucky today, right?

Now when you hear the word "Trading" what comes to your mind? You can have goods or assets that you want to exchange at the price you want, and there is physical and online trading.

In short, gambling cannot be combined with trading. Because if you have that mindset, it only means one thing, you want to do crypto trading because you think you might get lucky in the cryptocurrency industry. The thought that these coins might pump up or might fall completely, then I would buy them to make a profit. So you think that crypto trading is also gambling.

Please correct me if I misunderstood OP the topic you made here, Good day :)

But the OP’s question is different. He doesn’t want to know what is the best trading? Nevertheless as mentioned earlier, if you trade with high risks then it can consider as gambling. As in gambling we risk more to earn more.
Similarly if we trade an asset which has a low chance of getting success, then it’s nothing but pure gambling. If you trade with limit and with solid stable coins, then the risk factor involved will be less and profits earned from it will also be low. Hope this clears your doubt OP.

In gambling, we play and for entertainment but the risk is too high since we don't have the means to control it while in trading, we have the option to choose the profitable and potential coin and could make our path by acquiring skills which is an edge against huge losses. Trading is challenging since the market is volatile but if we know how to apply the basic strategies, we could gain the profit that we're aiming for.

That is wrong, gambling doesn't mean betting on a sports game or betting on a roll of dice, gambling if you look at the oxford dictionary meaning of it, is risk for a chance, and that's what trading is. When you buy 100 dollars worth of bnb, you are "gambling" that 100 dollars for a chance of bnb going up, and risking it going down. Doesn't mean it is gambling as you know it, but it's fine.

I keep telling people that they shouldn't see investment as gambling though, because in the very long run there is always a winner and if you wait long enough then you can be that winner. Of course it’s not that easy but that doesn't mean it's going to hurt you at all if you wait.

Isn't that possible in any investment instrument in general? They have a chance to flop if something bad happens by any reasons, it's not limited with cryptocurrency.

But sometimes your losses are your good partner for your journey because it builds up the experience and your brain to not fall into same mistake ever again and you can actually avoid similar mistake if you find other strategy and make your own with pros and cons trading experience you face in your entire trading career. It's always nice to look back at your losses to see you are actually improving from that.

Gambling and trading gets related based on the coin/token we choose. Some looks to be really a gamble, because it doesn't have volume, it is new to the market and there is no big hype about it. Investing on such coin/tokens were to give profit based on the luck. The same when did with the top cryptocurrencies we know that the market will give profit today, if not having patience will let the user make profit out of holding. How much gambling is in trading depends on the coin/token chosen for trading.

I get your points but trading isn't gambling especially when you know what you're doing. Trading at some points might seem to be gambling to most especially newbies who just want to make millions or possibly double that trading capital at the instance which at the end leads to destruction at last.
I always advice people to treat trading as a business rather than a get rich quick scheme and just expect to make millions over night without all the necessary processes engaged.
I think people should invest more time in learning first before jumping into the market and as well as work on their emotions and greed level to attain a great height as those are the major determinants of successful trading.

Low risk or high risk, the gambling element is still there because cryptos are unpredictable even if analysis is already applied. Gambling or trading, it is possible to earn more even if the stake is only small because we can still work it gradually to make it bigger.

In cryptos, we have risky coins but the reward for them is high. We can invest small amounts on them and if we get lucky, we can earn more. In gambling you can bet in high multipliers using smaller bets and earn huge as long as you get lucky on hitting them. @SweetL0u some trading platforms have built their own token and once you avail them, it can give you a discount in trading fees so fees in trading isn't really a concern.

When you want to make profit quick then you can be gambling because you will be hasty without proper analysis and this is the challenge of newbie or any other trader who can not hold emotions. Jumping in and out can be looked as gambling but trading is not gambling to be precise.


Getting rich quick syndrome is the first way to failure in trade. If a trader has this mentality, he can't even subject himself to training. Training is for people who have passion if you don't have passion you can't have that time to check in training to know why your trade was not profitable rather than they want to rely on copy trading.

Those people with successful trading stories always flexing money whether it's intentional or not and it's making worse when a newbie come to give it a try with these reasons ... the possibility to treat trading like gambling really high at this point , pretty different with thise people who come with a vision.

I mean a vision to see how they do the trade with caution not in hurry to getting rich quick like what they witnessed in their illusion.

There are some platforms that do not charge trading fee while some charges less fee for traders of a particular coin. The fee that we pay as a trader do affect many persons so they can't easily trader in a ranging market with little profits because if they keep losing they fee will keep increasing and that may become another problem apart from the loses.

Playing any market will entail a form of gambling.  However, when it come to crypto markets, this entails a very high form of gambling.  You try doing TAs but these are as numerous as a fart in the wind and don't really provide any meaningful direction.

Trade on Binance exchange, they have one of the lowest trading fees and in some trading pairs like Bitcoin etc they offer free trading. Trading fees shouldn't discourage you from trading as they aren't much of an issue if you're profiting from your trade.
Make sure your capital is more than average so when you gain from your trade, you profit decently as well. If you use very low trading capital then you can't gain much which might make you trade multiple trades and then increase your trading fees.
Cryptocurrency trading isn't gambling and there's no atom of gamble in trades unless you don't know what you're doing and just hoping on you been lucky which is very risky as the market will make you pay for such stupidity.

Well, currently many people are making money with futures trading, and with copy trading, the truth is that in my personal opinion I would not do it because I do not have much knowledge in short-term trading and it is somewhat delicate, because trading in the short term or what they call "scalping" is something very risky and I think that if things go wrong trading in futures with looting, risking a lot, you can lose everything and burn the account, then this is something that I would not recommend, unless the person craq eu is sufficiently well prepared to do it, but with the indicated lottery and not start inventing, I have seen friends who have burned their accounts.

That is the thing, when you know what you shouldn't do, but you have a vague idea of what you should do, some people go with what they shouldn't do because it's the devil they know. I mean it's clear that you shouldn't do copy trading and that would make sense that in the long run it would ruin all of your life if you just trust one person with all your future profits, and that person could ruin it for you.

However, if you know what you are doing then you should be doing fine and nobody should be bothering you. Obviously it's not going to be that easy, because if you do not do futures, or copy, then what do you do and how you make a profit? That becomes the burden.

Also it does really give out that kind of regretful feeling on the time that you had blown up your account just because you had let others took over or control or you do follow their signals.Unlike when you do have just

make your own analysis and trade with it then its a different story.Gambling is on the time when you dont really have any basis or analysis towards your trading which is really a very common behavior on which
people do really able to commit out specially with noobs or newbies.

It turns out that you do gamble and dont mind much on what strategies should be applied on particular conditions.This is really a very bad habit
but soon you would really be able to realize for yourself.