Trading or gambling?

[Renampun]

What advantages do you think sports betting and card games have over trading and investing?

Don't expect gambling (whatever it is) to be a way to generate wealth. Not many gamblers become rich in fact, most of them fall poor because they chase victory in the wrong way. Gambling should be considered as a place for you to have fun, even though you can make a profit from it when you win.

My principle of betting on sports is to get more enthusiasm while watching the game. I like football, betting on certain matches will make the atmosphere more lively. Besides, I do this for fun, it doesn't matter if I win or lose.

In fact, many rich people are also gamblers, only they are rich not from gambling but from the business they have (as my acquaintance experienced), there is something even funnier, many people currently depend on their income from playing smartphone slots games, the the result is that they don't make a profit but rather lose more and lose because no matter how the slot algorithm on the smartphone only makes the dealer win, not the player, if you gamble to get rich then think again, unless you are good at playing blackjack and can count cards, then your chances of getting rich are quite big.

[Onyeeze]

Crypto trading and gambling both have one thing in common and that is risk, not knowing whether you will make profit/win or lose. The difference between them is that gambling is relaxation and entertainment while trading is seriousness and professionalism, you don't need to be a professional to gamble. It takes a short time to understand how to gamble, but trading requires a person to learn fundamental and technical analysis to be able to understand how to make trading decisions. So I think that gambling is easier but it involves more risks while you can control loses in trading, and it makes it less riskier.

gambling is different from trading and this matter has come to this forum severally and the many people have air it out with different reasons and different opinions so what I'm saying is that that thing you see that is similar between gambling and trading is only the risk but when you come in terms of participation you will understand that the gambling is totally different from from trading because trading have a skill that you can operate with and when you learn trading and understanding the principles of trading you will be able to make a good profit but in gambling it cannot learn gambling and the escape risk when you are in totally so that is different thing between gambling and the trading

[uneng]

What advantages do you think sports betting and card games have over trading and investing?

None, because it's a different category of activity which can't be compared to some examples of trading or investing. When you trade and invest, your main goal is making money, and not feeling entertained. Investments don't have a purpose if they aren't profitable. Meanwhile, gambling still has a purpose, even if you aren't profiting from it on long run, because the main goal here is having fun. If a gambler is betting thinking on it as an investment, or as a better alternative than investing his money, he is completely wrong and unfortunatelly, he is going to learn that the hard way...

[alegotardo]

Trading or gambling?

~snip~

-------------
What advantages do you think sports betting and card games have over trading and investing?

I don't know which is more difficult, but I see both as completely different in many aspects.

When it comes to the goal of "multiplying money", Trading is certainly more viable and allows the user much more control over their money, but for that we need to exclude the "curious", because I am only referring to those people who trade regularly and professionally.

However, if the goal is to have fun, obviously nothing beats gambling, whether due to the endless number of websites available or the various variations of games and sports that we have today.

I don't see a problem with people playing to make money, as long as they are aware that this is not the ideal way and that they should gamble responsibly. However, I cannot deny that I find this very controversial.

[boyptc]

In all advantages, I think that it's with investing and even trading outweighs it.

But this another orange to apples comparison and majority of us here are surely investors and many don't trade at all but we gamble.

So, it's not a comparison that I've got an exact thought about it because to each his own is better for them in what they do.

I'm better in holding and investing but not with trading and gambling.

[Fivestar4everMVP]

Trading or gambling?

This is a very relevant topic that I have long wanted to discuss with users. Let's compare trading and gambling in all respects. I believe that it is more difficult to win at gambling than at trading or investing. Perhaps you think differently? Then explain why. By gambling I mean primarily those games in which not only luck is important. That is, we will not consider roulette, dice and slot machines. From gambling we will only take sports betting and some card games such as poker and blackjack.
 Why do I think you have a better chance of getting rich in trading than in sports betting or card games for money? There are many reasons for this.
1. In trading there is a stop loss, there is averaging, there is a hold, that is, the ability to hold a position for a long time until it becomes profitable. There is none of this in gambling.
2. In trading, if you want, you can do without professional intermediaries. There are peer-to-peer transactions. You can do without exchanges. In gambling, it is almost impossible to do without casinos and bookmakers.
3. Trading includes derivatives and leverage trading. Of course, these are tools that require a lot of knowledge, but nevertheless it is possible. Derivatives allow you to hedge a position. In gambling there is no concept of position, there is only a bet.
4. In gambling, you must have the highest quality of prediction. In trading this is not necessary, because there are strategies such as rebalancing. If your bitcoins double in price, sell half. If you fall by 2 times, buy some of the stablecoins.
-------------
What advantages do you think sports betting and card games have over trading and investing?

To be frank, I think it's a complete and total disrespect to compare gambling with trading, this two have no relation even though they seem similar in when we try to imagine them both.
And also, something similar in regards to this topic, is one that we have discussed on the trading board quite alot, but then, I understand that it's not a bad thing to again, come back to discus this.

In simple terms, let's just say that trading is the money game, that is, it's a profession where people exchange money to make money.
While gambling on the other hand, is simply more like a play, fun adventure which of course, possesses the ability for one to make money from it, though without any form of guarantees.
This can not be compared to trading like ive said before, though I understand that it depends on the type of trading, or rather, what a person is trading, that tells if he is gambling or actually trading, but in a real world of serious and highly professional trading, it's completely a different world far away from gambling, because there is definitely some good level of guarantee that one must make money, trading, a guarantee that is completely none existent in gambling.

[nimogsm]

trading requires more skills and more knowledge. But as for me, trading will have more advantages since there are more ways to avoid losing your balance. And trading is more about work, but gambling games are still more about entertainment and do not require much knowledge or concentration on the game.

[AliMan]

Trading or gambling?

This is a very relevant topic that I have long wanted to discuss with users. Let's compare trading and gambling in all respects. I believe that it is more difficult to win at gambling than at trading or investing. Perhaps you think differently? Then explain why. By gambling I mean primarily those games in which not only luck is important. That is, we will not consider roulette, dice and slot machines. From gambling we will only take sports betting and some card games such as poker and blackjack.
 Why do I think you have a better chance of getting rich in trading than in sports betting or card games for money? There are many reasons for this.
1. In trading there is a stop loss, there is averaging, there is a hold, that is, the ability to hold a position for a long time until it becomes profitable. There is none of this in gambling.
2. In trading, if you want, you can do without professional intermediaries. There are peer-to-peer transactions. You can do without exchanges. In gambling, it is almost impossible to do without casinos and bookmakers.
3. Trading includes derivatives and leverage trading. Of course, these are tools that require a lot of knowledge, but nevertheless it is possible. Derivatives allow you to hedge a position. In gambling there is no concept of position, there is only a bet.
4. In gambling, you must have the highest quality of prediction. In trading this is not necessary, because there are strategies such as rebalancing. If your bitcoins double in price, sell half. If you fall by 2 times, buy some of the stablecoins.
-------------
What advantages do you think sports betting and card games have over trading and investing?

There are different advantages on both parties, with trading we definitely experience fluctuations that's very challenging in so many ways. Gambling sports betting has always been very a fun and exciting activity with respect to winning and optional choices of teams. Several games analyst who took profit from odds also find huge potential returns of their gambling investment. On my end, I would rather choose trading instead of gambling because that's what I observed as a stable passive income nowadays.

[DaNNy001]

Crypto trading and gambling both have one thing in common and that is risk, not knowing whether you will make profit/win or lose. The difference between them is that gambling is relaxation and entertainment while trading is seriousness and professionalism, you don't need to be a professional to gamble. It takes a short time to understand how to gamble, but trading requires a person to learn fundamental and technical analysis to be able to understand how to make trading decisions. So I think that gambling is easier but it involves more risks while you can control loses in trading, and it makes it less riskier.

gambling is different from trading and this matter has come to this forum severally and the many people have air it out with different reasons and different opinions so what I'm saying is that that thing you see that is similar between gambling and trading is only the risk but when you come in terms of participation you will understand that the gambling is totally different from from trading because trading have a skill that you can operate with and when you learn trading and understanding the principles of trading you will be able to make a good profit but in gambling it cannot learn gambling and the escape risk when you are in totally so that is different thing between gambling and the trading

That's the only thing that gamblers differentiate gambling and trading for me it's the ability of gambling to be actually enjoyed as some form of entertainment but in trading and investment, everything tends to formal and always business minded and the set of persons that mostly term trading and gambling to be one are those traders that actually trade as if they are gambling where as the secret is that you need to learn the act first before you can actually master and get good profitable results in trading.