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I was doing a comparison between gambling and trading I find out that their is merging between trading and gambling, I want to explain the categories of trading and gambling from my research gambling don't have to do with skills, but people prefer gambling than trading, but I kicked against gambling because it does not have control that leads to victory during time of diecasting your prediction in gambling therefore I concluded that gambling have to do with luck.

While trading is a skill that you will learn and understand the basic factors that can hinder your trading not to be successful, a trader can notice it's mistakes after loss and make corrections while a gambler mistakes can't be corrected because it deals with prediction. I notice that people do not put their money much in gambling than trading whereas the risk and loss is more efficient in gambling than trading. When we study trading very well there is no way we can trade in a month without making profit and as a beginner in trading we don't need to start trading with money that we can not afford to loss, while in gambling so many people gamble with their salary and last money. So I prefer trading more than gambling because it is a skill and it can be controlled.

I am a gamblers and I am a trader. This is my experience:

Trading can take all your money, just like gambling. Trading can take more of your time like or more than gambling. As gambling is addictive, trading is also addictive.

You just have to discipline yourself in both and use the amount of money that you can afford to lose to gamble or trade.

A gambler can correct his mistake after losses, but gambling is luck and using just little amount of money that you can afford to lose. Some people will trade and continue to lose too, just like in gambling, it may even be more.

Both are risky, both require different approach too.

But there are many traders that are gamblers, I mean they think that they are trading, but they know nothing. Also there are many with ignorance. Many of them calling themselves traders are losing too.

Also use the money that you can afford to lose to gamble.

Also in trading

I too prefer trading than gambling because the possibility of making money is more in trading than gambling. Trading also require skills like you said before and if planned well, profit can become reality, but people should know that trading can be as dangerous as or more dangerous than gambling.

Am of opinions that gambling takes a lot of risk than trading, because when trading it requires you been a trader to study and understand exactly what trading is about, when you have known the rudiments of Trading I don't think that you will venture into loss likewise a gambler, gambler lose money subsequently depending the numbers of games they wishes to play at particular point in time, I know quite well that whoever that engages in gambling than trading will like to prefer gambling than trading, but it's very obvious as op stipulated that gambling doesn't have a skill which is quite true while from the areas of trading you most learn and understand the rudiments of Trading before you will know what to do, while people get lost on gambling is as result be unable to detect a game that will be a sure game for the match while in trading you can detect when the market is against or not through chart of the market through the movement of candles sticks of trade.

Hmmm, I'd say they have some similarities and also some differences. Just as @Oshosondy said, if an inexperienced trader goes on to put thier money into a stock or let's say some altcoins in hope for some profits all they at that point was gambling since they had no idea about the outcome, but if it was the case of an experience trader they would have been able to carry out proper research the would reduce the chance of them  losing.
In both gambling and trading risk is involved but the level of skill possessed by the trader makes a difference but the same thing can't be said also for gambing no matter how experienced a gambler is.

Luck will have lesser influence the longer you are in trading. You keep learning the skills you have and you already know when to buy and sell.

Trading is like buy and sell business thats not quite a gambling scheme but it may just be when you turn to binary trading. Binary though does have a limited wining.

Well, there was never a time gambling was the same as trading, even though they have some similarities, gambling is gambling while trading is trading, like op said, gambling is more of a luck based activity, though part of gambling like sports betting, is more of information (what you know about a team or player/fighter) based, games like poker, and other card games is also skill based as well as luck, trading on the other hand is purely skill based, though we still can not over rule the fact the luck still plays an important role in trading as well, for example, it takes luck to buy a coin, and it pumps x500, x1000 or even more after you have bought it, it's not like you knew that such was going to happen, luck helped the trader buy that coin or token.

So overall, gambling or trading, both are good ways of making, how you prepare yourself, and go about your trading activity or gambling activity will determine how much you will make or lose from either of the two.

To find out the difference between trading and gambling, the first thing is clear from the definition that trading involves 2 aspects, namely buying and selling activities, while gambling does not fulfill these 2 aspects. So from here fundamentally everything can be separated very clearly, even people who don't understand trading and go to the stock exchange to buy even though they don't know what to buy and what to sell still enter into 2 activities tied together.

As for gambling, it means that there are no buyers, no sellers, there is only risking ownership to get more profit with the risk that if the stake fails then everything will automatically be forfeited.

You can also lower your risk in gambling, although the circumstances will be different but essentially, they are just one and the same. In trading, you are also relying on your luck accompanied with the knowledge that you have at a given period of time. It's also important that you act in a timely manner, else you will not make a profit, or if you do, it's not maximized and as huge as it should be.

If I have funds and time to spare, I'd go the route of trading, but if time is not something that I can really give, I'd just go gambling and let the RNGods decide my fate.

You also don't have control in trading over what the outcome could be. It's always going to be according to luck, and according to your decision, you will know what would be the best thing. I think you could prepare a lot of things when trading, but in gambling, you just have to play, making it possible to play and not think so much.

Basically gambling is just betting all in with taking a risk one time for one instance of time. But in trading you analyse the risk and can adjust the funds invested accordingly. Here you can closely analyse where your profits are going and hence increase the risk intake for it. Gambling is basically done with 2 outcomes and it’s for getting quick profits in instant amount of time. So yes gambling is really different from trading in many aspects.

I hope you are aware that gambling doesn't have description and direction and whatever you are doing with gambling you just like a blind person, and it's while people get acquainted or addicted with gambling, when you don't have basic knowledge of gambling you can gamble provided that your money is intact with you, I know very well as you portray that gambling is all about luck likewise trading, but will the difference is very clear concerning gambling and trading, in trading we elementary things you have to know and I believe that those elementary things in trading to overcome some certain obstacles that might caused lose can be prevented in trading while in gambling you don't have any solution to prevent loss, making a comparison between gambling and trading, when you don't peruse into both of them you won't be able to know the difference, actually both of them profit can actually come by luck but trading is quite different because it deals with calculations and any mistake made during the time of trading can utililize in another trading but in gambling it cannot utililize in another predictions of another turns gambling.

While both gambling and trading do share the same risks of losing money, the approach is different.

We don't rely purely on luck when it comes to trading compare to usual gambling. To earn profits in trading, we do have factors to be considered as our key to make a good strategy unlike in the usual gambling that you bet your money then just depend on luck.

In general though, either gambling or trading, learn to know the risk factor of both field and don't just engage into something without equipping at least basic information beforehand. We are talking about our money here therefore always be cautious.

The OP is right in trading, with proper knowledge, analysis, and strategy development, one can potentially build an edge over time and make more money than they lose. However, this is not the case in most casino games, where the house has the edge and players are expected to lose over time.

If you gamble you may have noticed that in some casino games like blackjack, counting cards can give players an edge, but casinos may kick them out if they become too successful. In trading, there are no restrictions on using one's skills to develop an edge and trade profitably.

Both trading and gambling require dedication, understanding of the game or market, risk management, and sufficient capital. However, the majority of people tend to lose money in both activities, with a small percentage achieving consistent profits.

Gambling and trading are both have their own risks. You may end up losing in both. However, gambling is a game of chances and luck while trading focused on skills and developed strategies which means there is more way to win than to lose unlike gambling which is mostly designed to lose the gamblers and making the casino owner the winner in the end. That made them completely different. But if you trade like a novice and knows nothing about skills and strategies, certainly you will end your trading like gambling.

noobs are comparing the world of gambling vs trading because that is true, in this market, if you are a newcomer, trading is like a gamble as you don't know how to devise your strategy yet to get your profits. losing is imminent if you trade blindly just like when you play luck-based games.
but as you get your experience in trading, the better your chance of winning profit. however, if you play with luck-based games, even if you apply known strategies, still, you have no assurance that you will win at the end of your game.

Different in nature but have some similarity especially in trading.
If you do trade by guess only then many consider that as gambling. Though Its hard to compare gambling itself to trading since in gambling even if you do analyze the whole system on gambling there’s still no guarantee that you will win. Trading become more of a gambling if you continue doing it without any knowledge about it and in some areas of our lives, you can consider some as gambling and that is part already of our everyday lives.

They are actually both risky but doing gambling mostly relies on luck. Compared to trading, knowledge, and strategies aren't always applicable in gambling. In trading, we can learn and study everything and apply what we have learned as we figure out our mistakes from our past experiences but in gambling, recovering our losses is more challenging.
In trading, we don't rely too much on luck but on our deep understanding of dealing with market changes. We only have to deal with the market's volatility. It only requires time for us to understand and study everything unlike in gambling which we need to take the risk and face the possibility of losing easily. However, both risks could be handled if we know how to handle our emotions since both journeys could provide us with a roller coaster-like ride.

One of the popularity between trading and gambling is that their both are addictive and high risk and both can ruin your life at the same time, so what is the best practice to avoid a total destruction of your mental balance as a leader or a gambler, the answer is to have discipline mindset that will help you to make better decision and minimize your risk, this way even if the outcome of the trade or bet. Doenst go your way it effect on your mental balance won't be significantly noticed.

Gambling is a game of chance with no guarantee of profit, but fortunately, there are some who profit from it. In trading, if you have no idea what you're doing and then enter into a deal without a plan, this is referred to as gambling because this method of trading is extremely dangerous. When trading, make sure you have a trading plan that has been backtested to boost your chances of succeeding and could be your source of income in the future. There are 90% of traders (https://www.moneyshow.com/articles/tradingidea-60554/why-90-of-traders-lose-money/) who fail due to a lack of understanding, and we should not be one of them.

I disagree that we don't have any control in trading, about the outcome, we can predict it depending on the information we gather before hand and the analysis as we all know is dependent on the price movement of the market.  We have more information to use in order to predict the outcome of our trade while in gambling, we only rely on the randomness of the result praying that we guess the right one.

So to say, trading result is dependent on our analysis and study of the market while gambling is all about the chance to bet on the right outcome of the game.

This is my opinion about the two...
Gambling - doesn't require skill but seems to be needed and much more relies on luck. The more spend time in gambling the more it leads to addiction and the chances are; more losses, less winning.

In Trading - we don't rely on luck but skill and knowledge are necessary. And the more we spend learning about trading, the more chances to earn more.

But seems you're right that many people are preferred to gamble because of thinking about instant rich. Well, that was their choice but seems not the right one as we can't just rely on our future in luck.

That is one of the main differences between trading and gambling, when it comes to gambling the more you do it the more influence luck has over your results, however in trading we see the opposite, as the longer you trade with a successful strategy the lesser the effects of luck on your outcomes.

Even then the effects of luck will never be completely eliminated when you trade, and the lesser your level of skill the more trading will resemble gambling, which let us understand why some people think of them as if they are the very same thing.

Gambling is a platform where people bet to win where losses are mostly faced. But there are not so many ricks in trading, most of the time you can expect profit by trading. It is possible to be successful in trading futures but never in gambling. The future of those who are addicted to gambling is not so good. Few people can benefit from gambling. Most of the gamblers lose by placing bets so they decide to borrow money from different places and start betting again. This puts a lot of stress on their future and those who are addicted to this betting cannot move forward in the future. I always give more priority to trading because there is never so much risk of money in trading.So it is possible to make better predictions in trading than gambling.

The games in gambling have been differentiated into two types, the types based on luck and the type based on skill. But in that Gambling on games that are based on skills and trading which is still based on skills, there is a difference. The chances of becoming a better trader and profiting increases directly with how skillful you become. But in gambling even on skill based games, you can will better with how skillful you become, but still not as compared with trading where there is more certainty of profiting better with your skills. In skill gambling games, your chances are average even with your skill.

Your analysis of the difference between trading and gambling is on point especially the sentence above. It's simple but meaningful, On gambling you don't have a chance to evaluate your next move since the result is purely based on luck while you can adjust your strategy based on the market condition on trading.

I will add this important info that you forgot. In trading especially spot trading. All loses is just paper loss unless you sold your holdings which means you have a lot of time to recover using same money unlike gambling that you can't recover your losses using your original funds unless you deposit more.

Gambling and trading are two different things but they also share some similarities. Gambling and Trading both possesses some level of risk but one is bigger than the other, they also skilled as similarities, they have money involved and the profits in the two are similar but the difference they share are not the same; like in gambling, when you lost, that is all for that bet but in trading, if you do a normal trading and lost, you will still have your loss because it is unrealized loss, you will only loss when you sell the trade and when it comes to emotion, I think it is easier to control trading than gambling because gambling comes with addiction if care is not taken.

Sure, trading is not gambling, but it becomes gambling if you trade without knowledge. Both involve risk and return, so it is understandable that many people confuse both with gambling, but anyone observant will know they are 2 and different.
In trading, we can make a profit passively by cultivating our knowledge, honing our skills, and gaining experience over time. We can master the game if we have all the necessary elements. But in gambling, winning and losing are all decided by chance, we will not be able to control or determine our fate.

Most are correct about both involve risk. I agree with it too.
But on trading, you can make the risk lesser while maximizing the profits, there are a lot of ways to do it. Most are risk management. While gambling, most gamblings are pure luck.

For me, gambling can be a thrilling and enjoyable pastime. While trading can be considered as profitable activity or source of income for some people.

Trading and gambling are different, but they also share some similarities. Both can be risky and addictive, and if one lacks control or wisdom they can quickly deplete your finances. However, I believe that trading is generally superior/better to gambling, as it can be less risky at times. Nevertheless, it's important to note that a single mistake in trading can result in huge losses that may be difficult to recover from.

While gambling heavily relies on luck, trading also involves an element of luck. However, is that trading is a skill and also it allows you to implement stop-loss strategies at any time. In my opinion, this aspect makes trading a more favorable option compared to gambling.

Here we are talking about self-control tho. If you're a gambler or a trader you must set a limit on the amount of money you can use per week and not exceed it, no matter what. :)

Skills in gambling is needed if you are playing Sports Betting and some casino games like Poker and Blackjack. The rest just relies on luck. The more time spend in gambling can also be beneficial because we can learn a skill and we can enhance it. There are well-skilled gamblers who have a long-term experience but they are not an addict. It's only about how we control our selves.

Now in trading, I think it sometimes needs a luck because of the unpredictable nature of the market. The more time we spend in trading the more we master it but it does not mean that people will now stick on it and will not play gambling anymore. Trading was still hard and not fun even if you are already good at it.

Gambling is purely luck game. I remember yesterday's champion's league final between Manchester city and Intermilan, most bettors where all out for Manchester city to win and undermining Intermilan team but the game wasn't that easy for man city to carry the game and it took alot of effort from them to get a decisive goal around 68 minutes. My point is inter had some bettors that still believed that by any other means some upset can happen and that is the luck in gambling. As they say in football, anything can happen but in trading most times you can trade using the charts, indicators and you can reduce your losses by using good money management and stop loss.

How sure are you that people prefer gambling than trading? Did you conduct any research that shows that people prefer gambling than trading? The only thing I can say is that gamblers are more rampant than trader's, more people knows about gambling than trading, like in my society, just few percentage of people know about trading, but you can see gambling shops everywhere where you can easily gamble.

I gamble and I also trade and I am not against the two, people are making money from both trading and gambling, and I can't say gambling is all about luck alone, you have to be skilled also when gambling, you have to do some analysis also when gambling, you can't just start gambling without doing some analysis.

Maybe you have not seen a addicted gambler, then you will realize that people also put much money in gambling, a addicted gambler can put any amount in his gambling account just to gamble, It will be difficult to see people selling their properties just to trade, but you will see gamblers selling their properties just because they want to gamble.

You correctly point out that gambling is primarily dependent on chance rather than talent.Gambling forecasts do not allow for revisions or corrections, making it a dangerous venture. It's worth noting that, despite the inherent risks and possible losses connected with both gambling and trading, consumers appear to prefer gambling. This choice may be due to a variety of variables, including the appeal of rapid satisfaction, the thrill of uncertainty, or the mistaken belief that gambling provides larger financial advantages.

Gambling also have skilled games that if you study the game properly, you can have a higher chance of winning than losing. Sport betting like football are skilled gambling and can be replicated by several individuals. Gambling mostly has luck inside and that's the main difference it has from trading in my opinion. Gambling is addictive and that's why I don't like it and won't choose it over trading.

When trading I can be in control but when gambling I'm not in control of the outcome of the results which is why many people fail not minding the experience they have in gambling but an experience trading will always beat the market and profit from their trades.

You’re right in here. Regardless if it’s gambling or trading, as long as you know exactly what you are doing and you are doing in align with your financial goal, then you will eventually make profits and become financially independent. But if your goal is to make instant money without learning to be knowledgeable and skillful at first, that is totally a gambling point of view, you will only make money at first but eventually lose them all in the end because that’s how gambling is designed in the first place. However, with trading, yes there maybe inevitable losses at some point but if you are a good and successful trader, you will know how to control and limit your losses and maximize making profits at the end of the day.

Trading could really become a gambling on the time that you would really be doing trading without any analysis on which it would really become that turns out to be gambling already if you do have done that way

but we know that it isnt something that you could really just take up some steps without having those kind of realizations that it isnt really just right to have this kind of approach. We know that this isnt something that we could really be able to make out actions without any basis. If you do want to sustain and really find yourself having that effective on trading career then you would of course be finding
up ways on how you would really be able to make yourself that better. With due experience and learning would be obtained along the way then for sure you would really be definitely
be able to make yourself handle out such thing.

I don't see any reason why one would compare trading with gambling when it is so obvious that gambling is a complete game of luck while trading requires knowledge and experience. There is no need for experience or knowledge in gambling and anyone with luck can win a very big amount of money and someone with a lot of experience and knowledge about gambling and techniques and whatsoever but might end up losing all the time.

Trading can be profitable if you work hard on it, learn doing analysis, understand how the market moves, learn to read charts and much more, if you learn these things, you are guaranteed to get profit if you do things correctly and don't just gamble on newly launched tokens.

Gambling is absolutely different from trading. Although both have risks, but if you have gained good experiences in trading, you will understand that there is more chances to be profitable in trading than gambling alone. Trading, with knowledge and skills and comes with luck, what you’ll gained from gambling is nothing compares to trading.

Gambling and trading have their own similarities and differences. Both have their own levels of risk. I think you're trying too hard to differentiate them OP while you don't have the experience to trade and gamble. I can feel it based on your post. In gambling, you can play in the casino or sports betting, or card games like poker wherein you will be matched against other players.

I assume that there are more gamblers than traders. Trading is not that quite easy. Trading needs very good technical skills whereas in gambling you just have to research and be familiar with the sport. In sports betting, you can easily choose any of the odds from easy to the most difficult ones which is not available in trading. The higher the difficulty of the odds, the higher the rewards

In trading, there is also no guarantee for profits. But trading isn't a game of chance, the result of our trading more depends on our knowledge (skills) and experience. The risk in gambling is also higher, we can lose all our money if we have no limitation to use the money in gambling. While in trading is a bit safer, especially if we use trading spot.

Of course, the plan or strategy has a crucial role in trading. Using the right plan/strategy will improve the chance for the success in earning profits. That's why we must have enough knowledge in trading, so we can determine the right plan/strategy. Our experience is also very useful, we know how to choose the proper strategy to use based on our experiences. Without knowledge and experience, it is impossible to know the right plan/strategy.

It should be different.
but practically, many people are doing trading like gambling. Just like betting or slots. Sometimes they just bet on what they are trading, without any underlying reason or even post-analysis skills. Trading requires analysis as well as various other keys to success. But if you only apply it like betting, especially if you only rely on luck, this will be very bad.

Gambling is totally different from the trading,the gambling needs luck and trading needs analysis of previous chart history.When you had learned of chart of previous trades,then easy to find the investment price.Then it also help you to know how much rise in the price of certain coins, which is best price to withdraw your funds with the profits.In gambling,you should do background verification of your using gambling sites.

Both gambling and trading are ways of making profit and they both  involve risk and with is I think bot gambling and trading have much similarity but the difference I see there is that gamble doesn't need much knowledge before someone become successful and doesn't consumed time in term of predict, just in short it chances of lucky compare to trading that someone will lose if it doesn't have proper knowledge. As for me, I see gambling as a thing that takes the chance of luck because it doesn't require much knowledge, and someone does not need to work hard before someone can be a gamble winner, but in trading, someone needs to be very skilled in terms of trading and work hard before someone can become successful in trading. 

Mere looking at the two, gambling has a little different with trading with some similarities. If you take a look from my angle, you will see that trading has some certain level of risk with gambling that are much likely to be the same. Although with gambling you can easily get your result and find your way as quick as possible. Those of us that are gamblers at the same time a trader would see from my own perspective that the two has common similarities.

For you to gamble, you would need a casino or gambling platforms that would aid that, same thing with trading we all need an exchange or brokers for us to trade and make profits without stress and that is if we know how to trade very well and have the skills.

Both triggered both profits and losses. Gambling and trading shares different views, gambling is easy to start betting on games because it doesn't require any thorough process unlike trading that one needs to be actively ready to ready trading related books, inother to mastered the whole idea of trading. There's nothing like the word luck exits in trading, it's absolutely what you know that one need to make crucial analysis on the market. I'm so much interested trading because it's more reliable than mere gambling that mostly results to addiction.

Luck in trading could be coincidence to the market that normally goes up and down. But once a person learns trading somehow he's more careful on it. Sometimes when they get really serious about it, they read more about strategies and indicators.

Trading is close to gambling but the government is not really considering Forex market as gambling unlike the crypto regulators in Europe that treats exchanges as casino platforms. I think this is OP is going with his question.

Trading isn't gambling, gambling involves random chances and the possibility of something to happen, that's you not being sure of it. Gambling is a game of luck while trading has to do with skill. You're betting on your roll or dise to defeat everyone else, you can't control the roll of dise in gambling that's how you can't predict the market on a given day. That's to say trading can't be predicted on like gambling and there are similarities between the both of them (trading and gambling), they both involves high level of risk and it could cost you everything you have worked for so one need to be extremely careful in making decisions or the strategy to follow. The best is to focus on short-term gains rather than long term success.

That's why we have more gamblers than traders in the cryptocurrency market. Most new traders are just gambling, which is why they lose when they stop getting lucky. This type of traders wait for bull market before they can trade and when they only make profits because everything is increasing in value in bull market. When we're in an unfavorable market, they all stop trading because they don't know anything about trading.

Gambling is very easy to learn than trading because there's nothing to learn in gambling. Just know how to play the games and you can start gambling on your own but when learning trading you need a mentor as that's the best way to learn faster and not make mistakes.

Trading and gambling have a lot in common but they are different from each other. But for me trading is much better than gambling, I trade but I never gamble.

Despite the similarity at first sight, trading is different and much better. First, you can only risk the money that you can afford to lose. Second, if the price of the coin falls, you can wait as long as you want for the coin to rise again and compensate for your loss.

But gambling is either a win or a loss, in addition to being addictive which can lead to the loss of all capital and even the sale of personal property.

In certain types of games such as PvP can rely on skill. And futures trading (which is relatively short) is basically luck and it can take all your capital like gambling. In both trading and gambling, all your orders and bets are predictive.
There is indeed a fundamental difference between the two if you look at it from a different perspective.

well, other than that, betting in gambling doesn't leave anything if you lose, then everything will be lost, and if you win, then you will get what you risked. very different from trading, when you do the wrong analysis, the assets you have remain the same, but their value will decrease. After all, one might think that trading and gambling are similar, but if they did a deeper analysis, they would find a big difference.

People will prefer gambling to trading because they feel it's a shortcut to getting rich. Again, gambling isn't as tasking as trading which requires mastery of set skills to become profitable. In gambling, whatever winning strategy that's deployed can't be termed set skills but tricks which are ways of cheating. If anyone plans to cheat their way to a jackpot or wealth, then that person should know they're taking a gambling.

Trading has to do with buying and selling but gambling isn't. That's just a simple way to look at it.

They both have the same risks and are similar in all aspect. Some games needs skill for you to win. Such games are poker and black jack. If you don't have the skill on this game,there is no way that you will be lucky and win the game.

This is not true a gambler can also learn from his mistake and make corrections in his next game and not all gambling games are predictions. For example spins,crash and cheese as so many more. Gambling also needs experience and studies likewise trade.

Likewise gambling,there is no way that you will gamble through out the week that you wouldn't make profit. We saw a forum member that used $4k to win $90k and lost it all back to gambling. This is how trading is,one can easily forget about his loss and continue with trading.

Do you really think that gambling is easier to earn, or did you mean that it looks easier for the player? My experience tells me that in both cases it is very difficult to do this, for this you need to have knowledge and good experience, without this you should not think about a positive result.

Gambling and trading in my understanding, is a very different type of activity, I find it difficult to answer which is more difficult, but my personal opinion is that gambling contains more risks.

While writing this post, I thought about whether there are any statistics, how many people became successful in gambling and how many in trading? I have never been interested in this issue before, but something tells me that it can be approximately equal values. Everyone just will choose what is closer to him.

If we trade via spot there's something left but if we do future trade like in binance maybe the scenario will be different. Although they have the same losing chances but the fact that execution and decision making is different we can all agree that trading and gambling is so different. Its just there are people saying they are the same because they just lose their money and didn't think about the whole picture of the the platform they compare.

Trading altcoins is 1000 times worse than gambling!

At least with gambling you factor in a bit of the difference between the teams or competitors, you look at the background and then you pray to god, and you're all set.

With trading is far worse, everyone is in desperate need of finding a system, of finding patterns, they are lying to themselves worse than gambling that indicators, averages, moving averages, dancing averages, whoe averages will somehow just keep on going like that and everyone will act like a robot repeating everything so their trades will be flawless.
While gamblers lie to themselves about finding ways to get the results right they know deep down there is no way, die-hard traders are convinced by their own lies.

I see so many here saying it takes knowledge, it takes science it takes that and that, common, this is BS!
All your knowledge all your statistics, none ill be able to prevent an exchange from getting hacked and trashing the market, nobody has seen in their TA the collapse of LUNA or FTX, and although everyone preaching about understanding movements here nobody predicted the last pump is, which of course again happened not because of a TA but because of a bank collapse.

So stop lying to yourself, trading shitcoins is way worse than horse betting!

I think what distinguishes the two is that gambling tends to be done without a strategy, you really rely on luck there, while trading you use a strategy to be able to achieve what you want, you really think according to market data, patterns or historical data from the assets you trade.

but sometimes a trader can gamble for the assets he has in an uncertain market, because here he only hopes that the market will be on his side, whether it's because of the news or other things which cannot be predicted. so a trader can sometimes be a gambler, because he cannot analyze the market as he wants.

Everyone if they make research between crypto trading and gambling, maybe the results will be like your research, I have no doubt that gambling and crypto trading are two things that are done with differences, cannot be considered the same.

It is strengthened again with the reasons below.


betting risks losing much closer than trading, even though both involve digital/crypto currencies, but the consequences are very much different, exactly as you mentioned.

Actually, gambling and trading both have their own risks, but the way they work is very different. Gambling is clear about guessing binary options, but trading is the same as buying something. no loss, that's called trading.

However, all forms of business looking for money or profit without any analysis/strategy and only relying on "hockey" is gambling, including when trading. the analogy is like someone opening a business selling a business, without analyzing the target market / looking for a place to sell / or calculating a risk reward (capital and profit) that is mature enough, how do you want to sell and grow, this might be possible because of good luck and bad luck 50:50, it's different As with business analysis where to sell (strategic) and focus on target markets, this is an additional percentage of opportunities to succeed. This is the same as when we trade, we must have skills, if there is no skill, for me, gambling is also because we can only guess.
Chance :
50 successes : 50 failures = gambling
>50 success: <50 failure = no gambling, but an attempt that is not necessarily successful, but most of the time it is successful.

Of course, Trading is different than gambling. Gambling is supposed to be fun and for entertainment purposes. Since real money is involved in gambling, people take it seriously. You don't need any special skills to gamble at a casino. You don't know what will happen next, and your money is at extreme risk; even with the 1.01x multiplier, you can lose all your money in a single bet. But, If you make spot trade, Just buy low and wait for your coin to pump up. Suppose you are a pro trader who does some market research. You can mostly predict the market movement. Even pro traders sometimes fail to predict the market. But if you have enough fund and patience until your coin pumps, You will make some money from trading.

A trader who does not have a strategy is a gambler...
A trader who neglects their strategy and follow their instinct is a gambler..
A trader who trades even when the market is not in sync with their strategy is a gambler...
A trader who only understands the basics of trading and failed to keep up with research is a gambler..
A trader who does not have a plan have a threat of gambling...

The difference between a gambler and a trader lies within a very thin line. And there is no sitting on the fence if a trader does not fit into that thin line then they are obviously gamblers and there is no two ways about it.

Whatever thing that will cause someone to lose money can't be addressed as easy, really. What I tried to explain in that comment was the lack of planning in gambling which should've come from set skills if it were in trading. I think Zilon in their comment puts it in better perspective there. 👇..

That is the reason why gambling is more often a source of losses than profits, unlike in trading that is done everything with knowledge and skills, and certainly a little bit of luck to make it possibly happen. Though you can also get rich in gambling quickly than trading, but know that it can also make your life more miserable with fast gains and losses, unlike trading that is made with timing and persistence.

both gambling and trading have high risk attached, it's best that for which ever one of them you tend to venture into, you do that with an amount you can afford to loose.
It's only unwise to use your full month salary either to gamble or trade, there's no wisdom in it.

Gambling and trading both are different both in my opinion in both field you become addicted so addiction is not a good habit as it can enhance your failure. whenever a person get profit then he Don't think that how much risky it is and regularly put money due to greed in nature so once a time comes when he will loss all his money. So both gambling and trading are cause of bad addiction therefore it will be beneficial if one put money into some useful coin to hold it for longer period rather than waste it in gambling.

There is big difference and it starts right from their spellings and meanings.  ;)
As everyone already discussed, I would elaborate trading as mixture of various actions or outcome from “non-programmed” actions. For example, a trade could change its direction or jump to different prices due to government decisions or may be due to war break out at one corner and it’s impact on the particular asset. This definitely changes the way math works here. However, the case is different with gambling. It’s man made algorithm that keeps playing the role at the back processing. The outputs are solely based on probability or odds of the game. So they are definitely different.

i understand what you want to convey here and it is absolutely correct, if gambling is a game of luck because it is programmed then trading requires skill and also good analysis because the end result is not programmed.  there is also something that makes me funny, bcause some motivators in trading seminars and paid classes who indoctrinate many people that trading is an easy thing, in fact not everyone succeeds in trading, and usually those who lose are those who think trading is the same as gambling ^{(just rely on luck)}.  so that's for everyone, don't ever think that trading is the same as gambling, stop thinking like that!

That thin line is usually someone who is smart with their money and a fool who thinks they can  get rich easily and crypto world is a cheat code for them to get richer.

We grew up in the digital world, anyone who is under 40 years old right now knows the computer world, this is why we grew up with games and such, and we got rich on all those games, it is so easy to be rich in games, even if it was an online game, there are a lot of people who are poor in real life but rich at world of warcraft, so they thought crypto would turn that talent into reality and we all know it did not. This is why I believe that we can't really be doing anything that would benefit them, and they failed and made a lot of loss since they thought it would be that easy, it's not.

They're different but you can gamble and trade at the same time. I agree about giving attention to detail in trading is complete different from gambling.

In gambling, you can carefree because many games are just there for fun and are basing on your luck.

Unlike in trading, it's not all about luck but you need analysis and critical thinking in doing your trades.

By definition, if it's a form of a game, then it's gambling. Anything else is about the same IMO, including risk, strategy (yes gambling also has strategy), and skill (yes some games also need skills, like poker). The problem here now resides in the presentation of the trading itself. Some also tried to gamify the trade with binary options, which can be found on gambling sites as well, such as Rollbit. Hence, do you want to "bet on the market," bet on a horse, or bet on black or red? It is almost indistinguishable... Your effort/skill can only give you a limited upper hand.

So yeah by definition it's different. But whether or not trading is better, is something subjective because both have different goals. Gambling is a form of entertainment while trading is to make money. It's a crappy way to make money for most of us, but someone somewhere can get rich from it.

And mostly, if you gamble in trading, you'll be losing a ton, and it is not fun in trading if your strategy is just to gamble. Trading is some serious stuff, as you are really doing an analysis of the market as well as your predictions, and if you just gamble it like you are just placing an entry with your guts and you'll say you will, then for sure that is only because you've got the luck beside you, but that will not last for long as you will now keep losing after that.

The statement may sound too obvious and on the nose but @Flexystar is right, semantics and definitions matter.

Gambling focuses more on probability and chances while trading is more on speculation rooted on analysis and research on market trends. Another difference is that gambling is reliant on luck although I would consider poker and blackjack as sort of an exception to this rule given that there's skills involved like card counting and bluffing, while in trading, you need to be equipped with the necessary knowledge and experience to make some profit, it won't guarantee a win but you have more chances of making money in trading than gambling anyways. I think the reason why people confuse gambling and trading so much is the fact that both carry inherent risk (the only similarity imo) and a lot of people use the word gamble/gambling more than just its meaning in other aspects of life to make their statements profound in nature and now here we are debating whether they are similar or not when the answers been given to all of us a long time ago.

Gambling is different from trading, and it's important to understand the risks involved in both. Speaking of trading platforms, did you hear of XGo? I've been curious about their features like margin trading and wallets. Any experiences or opinions on this service?

You're just wasting money if in the first place you've got no intention of winning your trade. Although this is similar in gambling but it's likely that people have already that common thought that when you gamble, you should be prepared to lose.

There's this thought also in trading but at least you've got certain strategies that you can apply so that you can't easily lose.

Winning in trading isn't just all relying to luck but in gambling, you can have that YOLO mentally that you will not think whether it'll win or lose as long as you've gambled and bet it like it's all up to the result.

These are just facts, but that doesn't mean situations won't go against them, such as the first line, a trader may not have a strategy, especially if he is a newbie, and may be lucky to enter a trade when the market is good, he can make something out without a strategy, simply buying and the market will pump in their favour for the next few hours and they sell to profit, this could be for daily as well.

Instinct is another thing that helps sometimes as well, you might have a trade that you have set up and by technical analysis, you read some news and feel that the market will dump in some other time, you can sell your trade and close the open order and after a while, the market will dump. This is what instinct does for traders, sometime you follow them where you think technical analysis might not be applicable to your trades.

what can I explain about their difference.


Gambling:
Gambling involves betting on the outcome of a random or lucky event. This is often done with the hope of winning money or a prize. Players in gambling do not have significant control over the outcome and rely solely on luck. This includes casino games such as roulette, slot machines, or sports betting where the outcome cannot be predicted or controlled.

Trading:
Trading involves buying and selling of financial assets such as stocks, bonds, commodities or currencies with the aim of profiting from changes in the price of those assets. Trading involves market analysis, research and decision making based on learned information and strategies. Traders use a variety of methods and analytical tools to make informed predictions and take risks. Trading also involves careful risk management and control over trading positions.

The main difference between gambling and trading lies in the concept of the decisions taken and the control that the individual has. Gambling is based more on luck, whereas trading is based on market analysis and knowledge. Trading also involves more targeted risk management to protect capital and minimize losses.

Yes brother you told absolutely right Gambling and trading both has same risk of losing money. Gambling is very risky its basically depends on luck. And trading is also risky but if anyone gather proper knowledge about trading he will capable to reduce risk. For trading anyone can utilize his fund but in gambling has no chance like that. We can tell gambling is like a play but trading like Buy, sell etc.

Should we base our classification based on risk or some minor similarities, then trading or gambling can br related to just any field of human endeavour.

Risk is something you find in any place with the potential of earning and losing money. Its always about a pointing something out with hopes of getting something back and a factor of actually losing all a well.

People can gamble there trades, but the reverse is impossible (trade while gambling). Even the English doesn't add up right and comes without any sense.
For them both to be same, they have to be proportional or equational when placed side by side but this isn't the case for these fields.
This makes them both very distinct.

That is why 95% of traders lost their fund because majority of them trade like a gambler, imagine an inexperience trader triggered a trade blindly without  considering the trend of the price probably placed a countertrend trade because of lack of knowledge of multi timeframe analysis as a result such a trader is bound to experience streak of losses just trading like a gambler, however gambling is a 50:50 chance nothing is guaranteed because an upset can be created in bet that was suppose to be a sure bet,  I am involved in both trading and gambling and I Am convinced that the former  can generate consistent profit than the latter.

If you are not doing trading right, then you are not trading at all but gambling. Though trading is also a matter of luck, but most likely it’s done with knowledgeable mind and a skilled mindset so you can expect that you will be in profit more than a loss when you are trading that way. However, in gambling, there’s no certain strategy to use, it all matters how discipline you are when managing your funds. If you can’t control the urge to bet, then definitely you’ll never win from gambling.

You are right in here. Trading is very different from gambling regardless of its risks. Gambling is just designed to entertain and give pleasure to us, and there’s no guarantee to be profitable even if you’re a long time gambler already. Unlike trading, once you are already skilled and well experienced, you’ll definitely know how to take advantage each market condition, so even if the market is not suitable to trade, a professional trader will still find way making his trades profitable in the end. That’s how traders end up quick rich.

When you do make trades but not really that following with those trading strategies then you are really that simply doing gambling and this is something that we should really be avoiding in the first place because
this isnt how people should having the approach towards trading because it would really be needing that analysis and knowledge for you to be able to handle up yourself towards the market.
You cant really make out some just positions without having those considerations on doing some preparations or whatever step that you would really be needing to do so.
Its totally different when you do have that kind of approach towards trading but not really that actually making the proper step.

gambling managed in a mathematical / smart-way becomes a stable and profitable activity like trading.

only problem, to manage the typical variables of this activity you must have an "hedge". this will affect the profit and deserve a lot of research in some cases. you have two choices, risk a larger amount of money or trying to collect just a small profit.

With term "gambling" I always talk about bets related to sport and not to "casino" games in which it is practically always certain that the house manages to win in the long term...

^ That is why we are in trading, don't focus only on the profit because trading is not all about profit, it is also to learn knowledge while you are trading. Because by investing in your knowledge, developing effective trading strategies, and staying disciplined, you can increase your chances of success in the trading world. It is very important for trading as a skill that requires continuous learning and adaptation, rather than relying solely on luck or chance as in gambling. So, therefore, trading without knowledge is gambling.

I confirm your statement, but it is practiced by many traders. I am sure there are many traders who do not have a good knowledge of how the crypto market works and they only hope to profit from the volatility of its prices. They have learned, but they can't make an analysis so they always expect someone else to tell them which asset to choose. Almost the same as gambling because it relies solely on luck.

I think there is something wrong here. ???
I'm sure you missed "trading" word in the sentence and you put too many "gambling" word.

Unfortunately, some people play gambling for money. They think gambling is a way to earn money easily.  ;D

It is not as simple as you said.
We can buy coins at any time, but it is always not easy to wait for the time for selling. The pump isn't something predictable, it is even possible to have no pump if the project disappears.

Right. There was a mistake. I wrote gambling twice. One of them supposed to be Trading.

The sad thing is most of them end up losing money. In the long run, the house wins. The casino has the edge to beat a player. Gambling is not easy money at all.

I know it's not easy. The project will disappear only if you choose shitcoins to spot trade. Shit coins are good for leverage trading. But, I was talking about spot trading. You should choose some established coin for trading if you want your coin not to be disappeared from the market.

in analyzing the market, it will not completely end in profit, sometimes we also experience losses, because the price has gone out of our analysis area. therefore we must have the courage to take steps to cut losses, indeed with cut losses we experience losses, but losses that are measurable and within reasonable limits, so we don't experience excessive losses. we must remember that there are still many opportunities after that, so we must patiently wait for opportunities to place trades again, and make profits

They are both different things and has an entire different techniques to handle them with, when you're trading, you're only investing your money for an exchange of a particular pair of currency or same currency to earn through it volatility, when you gambles, you're risking the chance of either winning or loosing your money completely over the bet you're taking, the whole and entire process in gambling is irreversible when you lost your money at the process.

We should be aware that there are some traders who are gambling, going into the market and buy and sell without doing any analysis. Sometimes, they look for other traders to give them signal and what they do is to go into the market and buy without weighing there risks.
I see those traders that trade without strategies as gamblers because we need a strategy for us to get it right as a trader.
Sometimes because we keep getting it right especially when luck is involved do not mean that we are a good trader. Those who survived it from being a newbie to being pro traders have pass the test and gotten the experience that would keep making them learn more.

so indirectly all traders who are now pros have also gambled at the beginning of their trading? when they have very little knowledge and experience in trading skills. even a gambler also requires skills and knowledge in making bets. maybe the case is different in slot gambling or dice.
for me, all that is at stake is gambling. whereas trade is a deal. you agree to sell or buy at a certain price. that's trading.

I agree with the conclusion that gambling is different from trade but with underline.
I agree that the spot trading cannot be said to gamble, because it has assets that are bought and sold, or have coins that temporarily enter first into our inventory or wallet.

But if the future trade can be categorized as gambling, because there are no assets that are sold, or only limited to the calculation of Laverage and margin as a catalyst of the advantage when taking binary options (long or short), no matter how many formulas you use, No matter the various strategies in conducting price movements analysis, in my opinion it is the same as gambling, and included in the category of asymmetrical gambling.

If only reasoned because it uses analysis, calculation, research and others to determine the decision. I think people who gamble on the ball also do analysis and calculation of opportunities, as well as people who play poker, they use analysis and calculation, before deciding to throw the card.

Trading is a skill we learn through a process. It requires learning many things, such as analyzing skill, risk control, understanding market movements etc. It includes risks too. But with experience, we can make profits. But not every time, we make losses too.
As in gambling, it's a 50/50 chance on every possible outcome. People makes profits and losses in here too. In the end, it truly comes to luck while gambling.
So trading and gambling has a thin line between them. But at the same time, they have their differences. Not everyone can start trading as soon as they please. It takes time and dedication to learn the process. On the other hand, anyone can just pop up in a gambling platform and start right away. And gambling is designed in such a way that it will always feel newbie friendly. It's so easy that often times it turns into an addiction.

For my perspective, I think we can compare between betting and trading to be much similar. Because in betting, you need to collect data, make analysis, then place your bet. It's also a 50/50 chance. So it also have difference.
There's no doubt that gambling is different from trading.

I think you SHOULD be ready to lose when you are gambling, because gambling has house edge and that means you will lose your money, that's how gambling works, it's mathematically impossible for you to win on the long run, the longer you play, the closer you get to losing all your money. However, trading is different in it's nature because of this, there is no mathematical certainty that you will lose your money, of course if you are a bad trader then you will lose, but if you are a good one then you will win.

All gamblers lose eventually, there is a guarantee, but when trading there is none. This is why trading is not like gambling, it would never be like that, because you will end up profiting if you know what you are doing and it is not a must lose thing in the end.

You got it right. Those who trade without good basis and who are only trading without the mindset and skills of a trader will definitely end up as a gambler. Those who trade without analyzing the market whether if it’s good or suitable to trade may not a real trader but a gambler. And lastly those who trade without goals but only quick profiting is not a real trader but has a mindset of a gambler.

Indeed. For someone who trades without sufficient knowledge and less experience, it is almost the same as gambling. He is unable to expect a good chance to take profits by trading carelessly, the chance for losses will be higher. That's why trading should require sufficient knowledge and experience, these things will lead us to the right way in trading. We also need to have a good mentality, we can't trade if we do it with emotions. For people who are difficult to control emotions, better to stay away from trading. When we trade, we must do it with a calm mind. It really helps us in determining our decision during trading. Regarding gambling, it has no way to improve the chance to win, especially in luck-based games. Using a certain tactic/strategy won't be effective since the win isn't determined by the strategy.

Yes. Gambling is completely different from trading since trading will make you more profits and able to grow them more but in gambling, the more you decide to gamble more, the more you become susceptible to losing. And while trading follows certain skills and strategies in the market, gambling do not have any of them. As long as you have luck, you can always gamble and end up winning or losing your capital.

When it's said that somebody is gambling a thing or a matter, it literally mean he is doing it blindly without a clear vision or idea of what he's doing but trying on the basis of luck with the hope it would work out well. But that's not how trading is for a trader, a trader that's trading already mapped out his strategy and ways to navigate through in the market before placing a trade be it long or short trades. It's only novice traders that could liken trading to gamble as a result of them entering the market blindly without a background of trading experience or knowledge thinking that they can make profit through luck which is self deceiving.

Despite there are few things that both gambling and trading shares in common such as using an amount of money you are ready to lose, disciplining against addiction and so on, yet it doesn't make the two synonymous or interchangeable of the other.

The Market News alone can frustrate you in terms of decision making as a trader that if care isn't taking you might end up trading off your asset loosely, however in gambling the news doesn't have any impact on what the gambler decides about how he wants to gamble in games like roulette or spinning etc.

Gambling is more riskier than trading when compared both of them because there are available tools we have in trading wich are not available in gambling, like the stop loses and take profits which can help us to minimize number of loses or to control how much you want to lose in any given trade , whereas in gambling you only rely on the performance of the club to win or lose.

As you mention trading require's skills and analyzing or chart reading while gambling depends on luck, but what about those trader's who doesn't have skills and only trade base on the hype?
Are they consider trader or gamblers using trading as their gambling platform?

making a comparison of trading with gambling is something that cannot be compared, we all know that no profit is made from gambling and that only a very small number of people managed to be lucky enough to win a lot of money from gambling , were people who played in the lottery and won the maximum prize but who in a few years went back to problems again, that's because the big money took them by surprise and in gambling things like bankroll management is something that people hardly apply in practice, they talk about it a lot but in practice they hardly apply it, what I mean is that gambling are unpredictable, they depend on luck to win

in the case of trading it is something that with a lot of study and using the indicators it is possible to predict the direction of the price but it is not something 100% guaranteed and also although there are many people lying on the internet saying that they are making money doing trade I see this as a big lie, trade is something advantageous only for those who do it in the long term, something like buying low today and selling high in a few months or year and going back to buying low and selling high months or years later, this is the only way to earn with trade in my opinion, but trading does not depend much on luck like gambling, trading is science and there are market analysts who have studied the financial market a lot, it is not something to do for fun as is the case with gambling

Gambling and trading are indeed very different things, because these two activities clearly have clear differences, especially in terms of science and the end result (profit). But I think both of these activities definitely have the name of the advantages and disadvantages of each. Because when talking about gambling, it is clear that what is used as a benchmark for getting profit or winning is luck. So if you do gambling, you don't need to think too deeply, because everything also only relies on luck. So that's the advantage of gambling, which is easier when doing it, but it's all worth the results.

Meanwhile, if you trade, you are required to have really mature knowledge, and deep experience about the trade routes that will be carried out. Because in trading, if knowledge and calculations are not mature, it is very likely that losses will come. Therefore, when trading, in my opinion, there should be no term to try without having mature knowledge, because in trading you don't only rely on luck, but also rely on your skills and knowledge. But all of that is also worth the results that can be achieved, from trading. If someone is an expert in trading, it is likely that profits will often be obtained.
So in conclusion, gambling or trading is indeed different. There are no similarities between the two.

As I said in my previous post, this is called House always wins in the long run. No matter what game are you playing. If you play it for a long time, there is always a chance you might end up losing your capital. Constantly placing bets and calculating them is not an easy job. A player may lose many bets in a row. If he is able to control his emotion and can place bet wisely, they can recover. But it's not as easy as it sounds.

While trading has some strategies, Some casino games also have strategies to beat the odds. But you have to be careful because every strategy doesn't work all the time. Sometimes pro gamblers like Drake end up losing.

But in trading it's not entirely relying on luck since knowledge is your edge to make a right decision based on your analysis and understanding about the market and the coins that you'll going to trade. Hence, you can maximize the possibility to profit and it's not because you just blindly buy but you have knowledge about it.

While on gambling, you have no control on the game play. Hence there's no way you can influence the result of the certain game because it's solely relying on luck unless you're playing a skill-based games like sports betting. Anyway trading and gambling are both risky and that's their similarity.

If we are trading that relies on LUCK, it was not far from like acting we are gambling. Many traders underestimate the market volatility and they'll think it can easy to earn even without good knowledge and trading skill. Many traders had lose their money because of such thinking and guess what, all of them are blaming the market, but not themself. And yes, everything that happens in trading was our decision and the results depend on it. But in gambling, we can do nothing but wait for the result of every bet that we made -and whether we lose or win, we have nothing to do with that.

I would like to note that gambling is different. Playing cards or rulette in casino and betting on sports events aren't the same thing.
These are different things, but there is a very thin line between gambling and trading. I mean, when someone bets money blindly, in the hope that the coin will grow and give him a profit, without analyzing it before or betting the last money, then I would call this trade gambling

In trading, you study, analyze, wait, and then make a deal. Not so in gambling, in gambling a person guesses more and hopes for luck.
In trading, there is an opportunity to analyze the market, draw conclusions from past transactions, form a strategy, etc., but not in gambling. There is mostly luck in gambling

Depends on the gambling you game, many do get into luck based on its gameplay but there goes the rest that doesn't rely on it that much. And we could feel in luck based games if we're lucky enough but then not all times our feelings are right.

That's right.
There's no escape on both of them for being risky, you choose what risk you'll take because for me I know what I'll choose.

Gambling and trading are two different things. In gambling you either make money or you lose money but in trading it is not like that. There is a possibility of losing money while trading but there is no chance of losing money. Even with our own experience in gambling, most of the time our predictions are not correct and as a result we lose bets even with relatively strong teams. It is possible to earn good amount of money from trading if you can gain enough knowledge about trading and apply your ideas to experience. Market Chart Candles Which Coins Are Good For Trading Having an idea about these I think trading is better.

This is not entirely true because there are some games that require skill so not all gambling is based on luck alone and also sports betting requires the ability to analyze because betting without analyzing first is tantamount to basing it on luck alone.


what makes it the same is when trading without skills and many traders do just that

whereas the money used really depends on the abilities of each person, there are also gamblers who bet with one bet with a large value and trade there are also people who only use small funds, so your judgment is not entirely correct, and gambling and trading will be very it is advisable to use money that we can afford to lose

It is interesting to discuss these two categories.

Gambling and trading are different? What if I give the opposite parable, that Gambling and trading are the same?

Actually, this depends on each person's perception, but a little bit from that, actually between gambling and trading is not much different. The principle of trading itself is how there are 2 components that are exchanged, does this also not apply to gambling?
Let's explore more about this world, where in gambling there are exchanges that occur between currency and betting (both losses and profits, and this also applies to trading).

HuH!!! That is very different between gambling and trading!!! Well, let's try to explore further.

The principle of trading using the right MONEY MANAGEMENT.

Of course, this is always the main thing when you want to be successful in the world of trading. The MM principle is very important as a support and every trader has different MM principles.

Then does that also not apply to gambling?

Of course, a reliable gambler will also think about how to reduce risk and increase profits. And the most appropriate way of doing this is to use the principles of money management.


Both gambling and trading actually all have a positive side, depending on how we react to it and do it right.

Trading is much more different from gambling but those individuals who start trading but they they don't have any knowledge about trading then they consider trading as a gambling in which they will win or loss according to their good or bad luck.

Individuals who are unable to manage their emotions and because of these emotions they continously put money to recover their money and continously losses that putted percentage so this type of trading is also a gambling.

Always choose the right path and it will depends on a person that he uses his knowledge for success or totally work according to the luck.

First, I want to agree that gambling and trading are indeed two different things, but I completely disagree with the part of your comment I bolded, I dont know exactly what the word "possibility" and the Word "chance" respectively mean to you, but if I am to put it exactly the same way you put it, I would say that there is both the possibility and chance of losing money in both trading and gambling.

We all know and would agree that the best part of gambling relies more on luck and less on skill, but the best part of trading relies more on skill and less on luck, trading and gambling are like the opposite sides of the same thing..
Gambling is gambling, whether its a luck based game being played, or skill/knowledge based game, but then, trading, which has everything to do with skill, is referred to as gambling, if the trader does not have any skill required to trade, this means that the absence of skill in trading is what turns it to gambling sort of.

Yes. Both are actually relying on luck, but trading is more than that since you can’t expect a successful trade if you are not making a good market analysis and you are not knowledgeable and skillful in your trading career. Otherwise, you will fall trading into gambling. Gambling on the other hand, is solely relying on luck and chances, and regardless if you are a newbie, you can make life changing profits once you are extra lucky, or you can lose them all in an instant just like even long time gamblers experienced.

Generally, it is because you can play good strategies in trading while in gambling, you only rely on luck. This means that if you earning a good profit in trading is likely possible but never say there is no chance of losing. But it gambling, your chance of losing your money is quite high, and if you are unlucky in the time you gamble, that possibly it will empty your pocket.
You can be good at trading as you gain more experience but in gambling, the chances are still the same, and the more we gamble, the more we lose.

Luck is we do really need to have whether on gambling or trading but to the extent about in leveling with the risks then gambling would really be needing more than with trading. We know that once we do

deal up with trading then you would really be normally be needing to make out some analysis so that you would really be able to make out some good trades which it would  really be lessening out the risks
via making those analysis and research of course on which it would really be that sensible for someone who do trade on doing such thing rather than on making up some positions without having those kind of steps or considerations which it would really be automatically considered to be gambling in the first place.

It is really just a difference when it comes to risks levels and according on what level it would be having then this is where you would really be needing to adjust. It is really just not
that hard to find out its main differences because you could actually see it on point.

Right. Trading and gambling may have their own individual risk, but it’s clear that when you trade with high knowledge and skills, you will have bigger chances to win your trades and gain significant amount of profits. But if you trade simply because you need quick money without even getting aware on how the crypto market works, no experience at all, certainly you are seeing trading as a form of gambling. That way, you are letting yourself to lose your money than to create a good amount of income.

You're making a mistakes here, the definition of both gambling and trading doesn't depend on each individual understanding. This mistakes is why people gamble while trying to trade, they don't have a strategy but just hopeful the market will go in their favor just as it does when they're gambling. When they do this and because successful, they think that's how trading works but this type of traders will lose everything soon in the market.

Gambling has no work needed, you don't have to study gambling because there's no pattern to how to win but if you're trading and learnt how to interpret the market to be able to predict the direction the market will move you can find a pattern and use it to make  successful trades.

You are viewing this from an entirely different trading and gambling perspectives, but be sure that there is gambling in trading, this is not about gambling in betting as widely viewed by many. The main gist here is simple as stated below:

1. If you are working with the market with a well-known strategy/pattern/style/system/plan as you might call it and do not renege in them, then you are trading.

2. But if you are working with the market with no knowledge or a known approach, then you are gambling.

These are what the OP needs in this context.

Leisure time is totally different from investment or simply trading when it comes to risks in between worlds. Yes, risks is there but the level and the way on someone would really be dealing with it

could be able to differentiate in between risks. Its something that could really be able to compare because there are various factors which would really be affecting it out overall.

Different things does need up different approaches on which if you do gamble then you should do it for fun, but if you are making some trading then you should do it
like its an investment or business which  you would really be needing to be serious or having that approach into it.

On the time  that you would be able to realize both things then you wouldnt really be finding yourself fall into those wrong doings since you are aware on how to deal each one of them.
This is the most important that you should really be needing to put up into your mind.

when a trader and a gambler do both of these things, either trading or gambling. they will know the opportunities as well as the risks of both. except for those who trade and don't know how to use trading techniques or strategies. then they are indeed gambling by trading crypto assets.
I mean, when someone trades without any knowledge, without any skills. and only as long as making buy and sell orders. then it can indeed be said that someone is gambling with the assets he trades.

when you are a professional Trader is what we call risk management risk management is basically things you need to put in place to make sure that you manage your loss or even get out of the market if things are not going your direction but this is no so with gambling. However, in gambling it is either a win or a loss. After you have made your bets, there's no confidence that if anything is going against you can pull out like you just make your prediction and pray for the universe to help you win.


Also, a trader knows normally that he cannot risk more than three percent off at most of their total trading Capital which means if he has like 100 dollar he cannot spend more than three dollar in one trade you know. In addition, you know the position you need to use your stop-loss how you can manage your losses. This is different from gambling.

Yeah, for me it is not even really that comparing knowing the other one is for entertainment purposes only and not something we look forward to earning money. Although we can also earn money in gambling when luck is on our side that is something we can never rely on. That is why every gambling site has a page concerning irresponsible gambling.

Whereas trading is done in order to earn money. Trading is business. You don't just trade for fun. They don't even fall into the same category. When you take up any kind of financial courses like accounting, management, etc. you won't be taught about gambling. Actually, gambling is not even discussed in any financial subjects. And trading is not about luck but knowledge, psychology, and skills. 

We make our choices, and choose the one that best suits our style. They both have risks and rewards, therefore we should use extreme caution while selecting any alternative. Gambling and trade are not the same thing; neither has any connections. Gambling is better ideal for people who have saved up extra money; I would not advise anyone to gamble without a backup plan because anything can happen, including losses and even worse things. Trading comprises market activities; we have complex responsibilities to complete in hopes of helping accomplish substantial projects in the market.

It takes time as well, you need to learn all those things and people think that you can learn them very quickly but the reality is that it takes such a long time to learn it. After just a month of studying about how to be a better trader, if you think that you learned all you could learn, then you are wrong. People keep finishing one source and think that since all of that source is over and they learned everything there, that means there is nothing left to learn and they should start trading.

In reality, we all know that's not the case and it is never going to be one at all. We should personally assume that the best thing to do in this case would be having more and more sources ready so that we can check them all and see if there are any different material to learn.

Trading and gambling are two different things. Trading is done by using your skills to analyze the market and buy any coin at the right time and sell that coin at a profit. Gambling is betting on something with money to win or lose is usually called gambling. Gambling can be done on various online platforms. Bets can be placed on the win or loss of other sports including football cricket matches. Gambling is more risky than trading. In gambling one has to depend a lot on luck but in trading one does not have to depend on luck as trading has to be done entirely on one's own skill.

Trading what you see, After a confirmation is what I call trading. But after confirmation and you still have doubt and you trade what you think out of fear, I call that gambling.

They are both the same differently. Both are the same if you want a different result from 95% percent of people, you must act differently like the remaining 5%. If you want a bigger profit, you must act professionally. If you want to last long in the game, you must practice risk and money management. If you don't want to be a degen, then have discipline.

Both are different in the way that it is being played. Or the strategy compares gambling with very many varieties of games. It just means that if you have a system in play, you create your own luck in any of the two be it gambling or in trading.

Many individuals have compared trading to gambling throughout the years, and they're not far off. But, when we dig a little deeper, we discover that there are just as many differences as there are commonalities. Both contain an element of danger, of course, and both requires putting up a specific amount of money in the goal of predicting the outcome of an event (or series of events), which is why the two are frequently linked in popular discussion.

(OP) in my point of view, I like to say trading and gambling are somehow inline working hand in hand cause the two are all risky in my scenario that is how I see them also I will say gambling is like a lucky game all about the prophecy of games, I will say gambling is easier than trading, but note this because you don't like something don't give you rights to denigrate it, I do gamble a lot and it has save  my life a lot in time of finance and also take notes it can be controlled it as if gambling is now turning into a crime scene remember it owns the world too,
 More gambling is also like trading because the more you put the more you gain a lot more for it so I don't see the reason why it is been called names, a gambler can get up from his bedroom and just select a game of $100 and overnight his become rich in just a game that all, so let not make it look like trading is more important than gambling.

There are a little similarities between both, both at thesame time they are still not to be compared. Gambling when you lose you lose no hope of getting it back unless you wager with another money again, but for crypto when you buy and lose in profit all you just have to do is hold on small and wait for the market to go back up and profit and your invested money will definitely be realize.

That depends on what you think you can handle, either trading or the usual gambling. Explore your abilities and skills.

As you pointed out, most people prefer the usual gambling because honestly, trading is too technical to learn by the majority. Although if you will lurk, at only trading groups, obviously you will notice that there are a great number of traders too around.

It's your own preference to choose - e.g. based on your favorite, your comfort zone, knowledge, etc.

Either way though, our own money is at risk here that's why always take note of the "do's and don'ts".

Yes, both are different though both carry the risk of losing money and have the same goal of making a profit. To make a profit in trading, you need to converge many factors such as knowledge, skills, experience, and news... but saying that trading without luck is not true. Whether you invest, business, or trade, luck is always essential. That's why you see many people who have good knowledge, good skills, and rich experience but never succeed in life because they are unlucky. Luck is something we can't learn, can't buy, can't see, but it's an integral part of anyone's success.

I agree, you need to study and be very good at what you do, but when it comes down to luck, you need some of that as well. There is nobody that can say I do not need luck, even warren buffet needs luck time to time, and he will tell you that himself as well, everyone needs luck time to time. I believe that as long as you are doing the right thing then there is nothing wrong with getting a bit lucky time to time as well.

I personally do my best when I am trading, I study and I read the charts and I look at it that point of view, but that doesn't mean that I will be making any profit based on that at all, I will make a profit on how me getting ready for it, meets being lucky together, that's how I make a profit, because all the study in the world, if you are unlucky then something happens and you lose money.

just leave a simple comment here Gambling is different from trading tho at some point trading had no different from gambling especialy if you trade with a lower timeframe that indicator or pattern doesn't work and bunch of wick candles and just enter market with a blank mind  ;D

That is when trading becomes a pure gambling

Just relying on luck, we cannot succeed in trading or any field, but without luck, we will never succeed. Indeed, billionaires like Warren Buffet or Elon are really the genius of the world, they have talent, but without luck, they will not be like today. Many people succeed and become rich but are arrogant and always think that they succeed by their own strength and skills, they think they don't need luck. It's just that they don't see it, I honestly don't believe anyone whose success doesn't come with luck. When we trade or invest, we need the luck to succeed.

I want to say Gambling is different from trading. Because if you gamble, make decisions based on feeling, you could be gambling and if you win, you can win big, if you lose, you can lose all out. the difference between a trader and a gambler is quite a thin difference, but I will give you an indication of the character that you might use as an indicator of whether you are gambling or you are a trader.

The first indicator, when trading or gambling, there is usually a plan, usually there is a process of making a decision. so from the start you make a decision until you actually execute it, it takes time. If you are a trader, it usually takes quite a long time to execute. for example, I want to buy bitcoin, it's an investment, I want to buy shares, it's an investment, I want to buy cryptocurrency, it's an investment.

The nature of investment is that the thought of making a decision takes a long time, unlike gambling. If your gambling has entered into a casino you have to make decisions more quickly. can't think about that long ago. can not think a bit long because your time is limited. So your process of making investment decisions takes a long time, for gambling it takes a very, very short time.

The second indicator, the goal of investing is to control assets while the goal of gambling is to increase profits without assets. For example, you buy bitcoin, you buy gold, you buy shares, the goal is to control an asset you buy. but what's called gambling, you don't understand what's called an asset.

I agree, in terms of trading we can use different approach such as doing some strategies doing ta and fa reading charts and so on. In gambling it requires using instinct as well but it is mainly on pure luck. It is highly to lose in gambling than in trading, in trading you can make DCA to avoid getting away because of sudden dump in gambling there's no turning back on it.

TA+FA+ with some mix of Luck!

This is what we do really need on surviving this unpredictable space on which we know that project prices could really go up and down due to some factors. Gambling is not really that something recommendable on this
space on which you do simply buy out without having some consideration whether you are really that making a good decision or just pure guess or gamble. Gambling is different from trading because in trading you are really that applying something to make it less risky as possible on which we know that outcomes could neither be 50-50 chance for it to happen.

Trading isnt something a leisure thing on which you would be treating it out like gambling. This is for money making or could possibly make it as an income.Its not really just that right that you would really be having
that kind of approach.

Indeed, what fundamentally distinguishes between trading and gambling is the luck factor. In trading the luck factor does exist, but it doesn't happen continuously, so to be able to survive you have to have a good overall technique. it's different with gambling, where all gambling relies on luck, because technical analysis doesn't exist, and it also can't be analyzed fundamentally, as if it happened only once in a while, there's no future development

Trading and gambling share some similarities, but there are key differences between the two activities. Trading truly involves making investment decisions based on analysis, your research into the market, and risk management. It requires a deep understanding of the market, and a strategic approach that how you achieve your goals. On the other hand, gambling typically depends on chance and luck, which sometimes hits the mark. It often involves random outcomes and has a higher level of risk, with little control over your asset or investment. Unlike trading, gambling is more hypothetical and lacks the systematic approach that trading requires. So, I think it's better to adopt better principles of trade than gambling

Yep. Sometimes with the leverage token, AKA shitcoins that you don't know and never heard their name before. Nobody knows the next movement of such coins. For example; we may predict BTC movement or other coins movement that is somewhat established on the market. But when it comes to a coin that ends with some kind of dog or animal name; I am sure those are made for fun, and you don't know what is going to happen with such coins. I would say this is gambling too.

You’re right mate. Luck is essential in both gambling and trading, as one cannot end up trading successfully if there’s no certain luck on the trader. However, while gambling needs a lot of luck to be profitable, trading on the other side requires a combination of luck and skill. An ideal trader needs to make a long time research and develop analytical skills so he can easily read and deal with the different chart patterns that could affect how the market moves. While gambling requires no preparation at all, as long as you see positivity on your bet, then you can start gambling at your own risk.

There is a big difference between gambling and trading. In gambling you rely on luck while in trading you trade based on your experience, intelligence and knowledge. You are right that whenever a trader makes a loss, he learns from his mistake and makes improvements for the future. While gambling does not have this option.

The biggest rule of trading is to always invest that amount, after losing it, it will not affect your daily life. The goal is to trade with more than you need. While there is no such rule in gambling, here people even sell the things they wear on their body to bet. So trading is much better than gambling as you can control a lot with your guesswork, experience, intelligence and knowledge. The experience gained here can be useful to you and others in the future.

Gambling is way different than traders, I don't think they have any similarities other than some tokens which people choose to invest in which tends to make them lose money which is what mostly happens in gambling. If you are trading and using only the spot market, you don't lose money if you are investing only in trusted cryptocurrencies and not selling when you are at a loss.

In gambling, there is absolutely no chance for you to win any money if you are not lucky, and even if you manage to win sometimes, you will eventually lose everything back to the casino because that is how their business model works, gambling games have a house edge which makes the house always win.

Simple and very straight to the point, I completely agree with you mate, this is exactly what I've once discussed here, can't look up the thread right now but I guess it's there on my list of topics since it's a thread I started myself.

Gambling remains gambling, and trading can indirectly be regarded as gambling if the trader is carrying out some really blind trades, I've done this before and still do it a couple of times a week, so I have first hand experience in what this is all about, one can still by luck win some trades even without knowledge of what he or she is doing, and most times can still lose, in all, such trade can be regarded as gambling in other words.

And that's prolly because OP had done both things.

Well, there's no requirement for one to compare these two. It doesn't matter whether you like more to trade or you like more to gamble. There's even no decision making needed just to say good and bad stuff between the two.

Everyone understands what's the concept of trading even if it's not in lined with cryptocurrencies. And the same goes for what gambling actually is, we just have to get it from its root and key words.

Blind trades is considered to be gambling but its not that right on pertaining it to be literally gambling because it is really just that too different.It would only comes on how its been done and this is why it would be wise
that people should really be taken it seriously if they do really want to make out some profits out of trading. Gambling is for fun and entertainment. People who are in their right minds would really be able to distinguish
between both things on which one is really that one is for long term and one is for leisure. Doesnt really need to complicate up the way of thinking on how to differentiate both, because
using up your own common sense would already be enough on which one is  really worth for your time and which one is really just that good when you do love to enjoy.

Gambling and trading are two different things. Just as there are different types of gambling, there are different types of trading. Gambling can usually be played in several ways but trading usually follows the same methods. Gambling is more risky than trading. Gambling usually requires skill and luck but the profit and loss of trading depends on the traders. If the traders can trade at the right time with the right rules then it is possible to profit from it. Gambling usually has the possibility of losing money completely or doubling the money, but trading usually increases or decreases gradually.

I think both require skill. But the difference is that if a trader is very skilled, has learned quite a lot of trading tools, and also has some good trading strategies, they will make more profit than a gambler because they know when to go into the market and when to come out, and they will also know when to stop losses and take profits. But even if a gambler is more skilled, they are not very aware of the gamble that will determine their win or loss. In gambling, you don't know at all whether you will lose or win, but in trading, you could use your skill to make more profitable trades than losses in gambling.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

OP, this topic has been dealt with on the trading board and here, Gambling, then it's a flip.

Now! I can make mention that the objective is to make a profit, in both cases, then it doesn't matter if you win in trade, so, another wins in the game and vice versa...ando, why not? If that is achieved in both circumstances.

By the way, I recommend that you play poker, so that you begin to understand how skill in that game also allows you to correct mistakes and obtain benefits.

Hi Promocodeudo and fellow crypto enthusiasts,

Your comparison between trading and gambling brings up some crucial points, and I generally agree with your perspective.

• Gambling vs Trading: It's true that there's a level of skill involved in trading that's typically not found in most forms of gambling. Traders can learn from their mistakes, adjust their strategies, and work towards improving their odds of success over time. On the other hand, a gambler's outcomes depend primarily on luck and the odds are usually against them.
• Risk and Control: I agree that trading offers a degree of control, especially in terms of risk management. Traders can use stop-loss orders, position sizing, and other risk management tools to limit their potential losses. On the contrary, in gambling, once the dice are rolled or the cards are dealt, the gambler has little to no control over the outcome.
• Investment vs Wager: It's concerning when people gamble with money they can't afford to lose, like their salary or last penny. In trading, a cardinal rule is to never risk more than you can afford to lose. Trading should be viewed as a long-term investment, not a quick way to make a fortune.

It's important to remember, however, that while trading and high-skill gambling like poker share similarities in risk management, decision-making under uncertainty, and the need for skill development, they are not the same. Always approach trading with an analytical mindset, focus on risk management, and continue to develop your skills.

On a side note, trading can be a gambling endeavor if you are making uninformed decisions, emotional, irrational bets, and generally expect to make a fortune with your last $1,000. It's really about the approach we have to things, and a lot of people feel pressured to deal with financial struggles in their life by gambling, either because it worked in the past, or they see no other way. But fundamentally, gambling is entertainment and unless you are playing some of the few skill-based games where you can get an edge, you are unlikely to build a career out of it. If you are in a bad or relatively bad financial situation, talk to a local CPA, see what you can do to start improving your situation vs looking for a quick solution.

Once resolved, gambling will no longer look like an escape plan, but rather a fun past time that you indulge in from time to time.

Happy and safe trading to everyone!

Trading and gambling are completely different, as gambling is much more risky than trading. Gambling can threaten you financially because gambling is high risk. If you win in the gambling game, you will get double your money back and if you lose, you will lose your entire money. In this case, trading is not as high risk as gambling. Because if you have knowledge about trading and if you can trade properly then the risk of trading will be reduced a lot. And from here you will get more returns.

   -  I like what you said, mate, it's very simple, but your answer is clear, there are no tricks, even though we know there is a big difference, because in trading, if you have the knowledge to read the chart, our thoughts as individual traders will not depend on our income. in luck trading.

Whereas in gambling, even if you have no experience, you can earn a lot immediately if you are lucky, and gambling can also change your personality into a bad personality that can lead to the destruction of your family and your friends who are close to you. In trading it is not like that.

We can also say that both of them need luck and experience. Only it differs in the impact on our life - as gambling can be dangerous when addicted but trading can be controlled. However, when it comes to losses, I'd see gamblers will possibly lose a lot more than traders and this is because of our mindset and the very usual thing to happen to most gamblers is they keep on gambling when they win thinking that they are too lucky this day. While trading, we can easily get out of addiction and we can improve our skills to have a better output unlike in gambling which could never change our chances to win.

In trading you will use your skills and knowledge to make a position to gain profit you can get an heads up with the possible price market action so you can get an insights what are the next movement to buy or to sell. In gambling you are referring to you luck and skills well depends on it. For the slot games all you need is luck just pull the lever wait for the outcome of the game and that's it also table top games must need to have strategy.
Both are ideal way to earn money but not as always happen more riskier is gambling than trading. Battle against a knowledge, skills and luck.