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Author Topic: Do you consider trading as gambling?  (Read 45094 times)
dothebeats
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September 20, 2016, 05:46:04 PM
 #1001

For my own, it is because you are also predicting the outcome of an event and putting money in exchange for more (or less) depending on the conclusion of such an event. Also, you are battling against other traders for profit, so I guess yeah, it is a kind of a gamble too.

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September 20, 2016, 07:22:45 PM
 #1002

It is like gambling where  you can increase your  chances with good informations, but  the manipulation from  the pump & dump groups  can make it very difficult.
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September 21, 2016, 02:30:26 AM
 #1003

It is like gambling where  you can increase your  chances with good informations, but  the manipulation from  the pump & dump groups  can make it very difficult.


It is also the same regarding with the risk before you are going to get good profits out of it. Trading you need to have your own capital.

And before you are going to start to gamble you must need to have capital also. But the risk with trading is lesser, and the risk in gambling is higher.

And all types of investments are the same because of risk, they are just like gambling.

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September 21, 2016, 02:58:19 AM
 #1004

It is like gambling where  you can increase your  chances with good informations, but  the manipulation from  the pump & dump groups  can make it very difficult.


It is also the same regarding with the risk before you are going to get good profits out of it. Trading you need to have your own capital.

And before you are going to start to gamble you must need to have capital also. But the risk with trading is lesser, and the risk in gambling is higher.

And all types of investments are the same because of risk, they are just like gambling.

Investment means risk.No investment is riskfree.But, I would like too choose less risky investment. So,Trading is less risky than gambling. And, it can give you quick profit also.Gambling is a high risky game and it can made anyone empty hand if he is greedy. Gambling depends on luck but Trading depends on skills and experience and also a bit of luck. So, for these reasons I will choose trading.
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September 21, 2016, 04:12:43 AM
 #1005

Trading actually involves a deep  study, before investing your money  or putting your possession into it... So, for those  people who just listen to one or two articles and then  go straight into trading for  that stocks , would  be more like gambling.

It is true. Anyone invest money in trading based on someone's suggestion is like gambling so don't ever invest money based on some tips. Instead, try to find out the news is correct or not before investing. Many people lost money who invested based on some suggestions and start blaming the tip provider.
Getting tips from the expert could help in trading but you should not only rely on what they said because you have your responsibility to do the right research before to decide, that is your money that is being use in trading so you should manage it well in order for you to grow your capital.
just don't listen to someone in the trollbox Cheesy they are full of lies.

gambling and trading are similar thing actually , both are about wagering money to get additional money , both are uncertain thing , both about guessing and predicting , so you can consider trading as gambling if you refer to those reasons.
Sometimes they are right but most of the time they are wrong, trading is not an easy job or venture, it requires a lot of knowledge if order for a certain trader to be successful and anyone can do that if you have the perseverance to learn and to succeed.
what do you mean with 'Sometimes they are right but most of the time they are wrong' ?

are you talking about getting tips from a trollbox , or talking about how people think trading are same as gambling? as i stated previously because there is so many similar things between them , there is no harm to consider trading as gambling , most people prespective around here saying the same too .

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mirakal
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September 21, 2016, 09:33:00 AM
 #1006

Trading actually involves a deep  study, before investing your money  or putting your possession into it... So, for those  people who just listen to one or two articles and then  go straight into trading for  that stocks , would  be more like gambling.

It is true. Anyone invest money in trading based on someone's suggestion is like gambling so don't ever invest money based on some tips. Instead, try to find out the news is correct or not before investing. Many people lost money who invested based on some suggestions and start blaming the tip provider.
Getting tips from the expert could help in trading but you should not only rely on what they said because you have your responsibility to do the right research before to decide, that is your money that is being use in trading so you should manage it well in order for you to grow your capital.
just don't listen to someone in the trollbox Cheesy they are full of lies.

gambling and trading are similar thing actually , both are about wagering money to get additional money , both are uncertain thing , both about guessing and predicting , so you can consider trading as gambling if you refer to those reasons.
Sometimes they are right but most of the time they are wrong, trading is not an easy job or venture, it requires a lot of knowledge if order for a certain trader to be successful and anyone can do that if you have the perseverance to learn and to succeed.
what do you mean with 'Sometimes they are right but most of the time they are wrong' ?

are you talking about getting tips from a trollbox , or talking about how people think trading are same as gambling? as i stated previously because there is so many similar things between them , there is no harm to consider trading as gambling , most people prespective around here saying the same too .
It should be on the traders in the trollbox because they love to promote a certain coins to buy and sometimes they are right and you make profit but if you will just rely on them and you forget to do your job which is to confirm then your success will not last long.

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chaser15
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September 21, 2016, 12:05:34 PM
 #1007


It should be on the traders in the trollbox because they love to promote a certain coins to buy and sometimes they are right and you make profit but if you will just rely on them and you forget to do your job which is to confirm then your success will not last long.

Like the same idea on my recent post here, people can include trollbox suggestions as references. We can also check if the suggestions is right thru our own analyzation and deep research. Also there are some claims that doesn't have any basis.

More importantly, focus on strategy and do much research on the next move.


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Noctis Connor
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September 21, 2016, 12:35:29 PM
 #1008

There are just a few similarities, but not many. The risk is much lower when trading, if you put the efforts in the right thing to do, of course.
no i dont consider tradeing as gambling because in trading i sitll can sell my coin i bough before but in less price not like before in gambling you cant take back your profit or your bitcoin there because it all lose and in trading is much more safer than gambling that the difference for me.

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agustina2
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September 21, 2016, 06:12:36 PM
 #1009


It should be on the traders in the trollbox because they love to promote a certain coins to buy and sometimes they are right and you make profit but if you will just rely on them and you forget to do your job which is to confirm then your success will not last long.

Like the same idea on my recent post here, people can include trollbox suggestions as references. We can also check if the suggestions is right thru our own analyzation and deep research. Also there are some claims that doesn't have any basis.

More importantly, focus on strategy and do much research on the next move.

Trollbox comments sometimes has some basis so people can consider that as a reference like you are saying.

And besides at the end of the day, still the trader itself will make their own decision on how they will handle their trades.

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Bitcoinsummoner
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September 21, 2016, 06:26:08 PM
 #1010

I couldn't consider trading is gambling because they are different i know gambling that are giving only entertainment and fun and trading give you a business to trade money into other currency to make a profit for spikes.

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September 21, 2016, 06:29:33 PM
 #1011


It should be on the traders in the trollbox because they love to promote a certain coins to buy and sometimes they are right and you make profit but if you will just rely on them and you forget to do your job which is to confirm then your success will not last long.

Like the same idea on my recent post here, people can include trollbox suggestions as references. We can also check if the suggestions is right thru our own analyzation and deep research. Also there are some claims that doesn't have any basis.

More importantly, focus on strategy and do much research on the next move.

Trollbox comments sometimes has some basis so people can consider that as a reference like you are saying.

And besides at the end of the day, still the trader itself will make their own decision on how they will handle their trades.
I think its not a good idea to go and folow the trollbox other chatters there are promoting their altcoin that you really dont know that the price will increase more.. so if you really want to make a good profit in trading better to follow with your own way until you discover your own strategy to make a profit. to analyse the altcoin..


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agustina2
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September 21, 2016, 07:14:38 PM
 #1012


It should be on the traders in the trollbox because they love to promote a certain coins to buy and sometimes they are right and you make profit but if you will just rely on them and you forget to do your job which is to confirm then your success will not last long.

Like the same idea on my recent post here, people can include trollbox suggestions as references. We can also check if the suggestions is right thru our own analyzation and deep research. Also there are some claims that doesn't have any basis.

More importantly, focus on strategy and do much research on the next move.

Trollbox comments sometimes has some basis so people can consider that as a reference like you are saying.

And besides at the end of the day, still the trader itself will make their own decision on how they will handle their trades.
I think its not a good idea to go and folow the trollbox other chatters there are promoting their altcoin that you really dont know that the price will increase more.. so if you really want to make a good profit in trading better to follow with your own way until you discover your own strategy to make a profit. to analyse the altcoin..

No Im not saying that people has to follow the trollbox. It just for reference because like I said people will decide for themselves at the end of the day.

There are just some trollbox comments which really has a basis. Im not referring to all comments. And besides a trader has it's own knowledge in enhancing their strategy so whatever troll they received they will just put it on the note.

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haankoammu
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September 21, 2016, 07:44:28 PM
 #1013

Trading is gambling when you don't know what you are doing and just trading randomly with no indicators or close follow-up with the movement of BTC, The same is the case with forex. if you can analyze the market then it's not gambling IMO.
DomesticTrader
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September 21, 2016, 08:45:12 PM
 #1014

In my eyes its a sort of gambling because of the risks but on the other hand its not fully gambling so I think you can see it from different sides.
Its just how you look at it.
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September 21, 2016, 09:01:57 PM
 #1015

im a trader since 2014 and it almost 2 years past since i started in trading and i never think that trading is also a gambling i read some of comments and they considering trading is gambling because they lost money too but they dont think that they can resell the coin or hold till it pump up patience always win

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Bestwishes745
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September 21, 2016, 09:37:55 PM
 #1016

There are just a few similarities, but not many. The risk is much lower when trading, if you put the efforts in the right thing to do, of course.
no i dont consider tradeing as gambling because in trading i sitll can sell my coin i bough before but in less price not like before in gambling you cant take back your profit or your bitcoin there because it all lose and in trading is much more safer than gambling that the difference for me.

we can also say that in trading we can estimate the situation and can predict the situation and the coming prices from the situation with the asset so with trade we remain secure and we do not lose all in  one as the investors do lose.


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September 21, 2016, 11:17:42 PM
 #1017

It can be considered gambling  when the investor is only  based on superficial analysis, forgetting  to follow the development of the project  in which the investment is made.

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September 22, 2016, 12:50:23 AM
 #1018

For a part I consider trading as gambling because of the risks that are almost the same, I think that gambling is similar to it, trading is risky and you can lose a lot of money.
Its maybe less more addictive but it has almost the same risks so..
aranachristianjay
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September 22, 2016, 01:24:48 AM
 #1019

For a part I consider trading as gambling because of the risks that are almost the same, I think that gambling is similar to it, trading is risky and you can lose a lot of money.
Its maybe less more addictive but it has almost the same risks so..

No, the risk aren't the same as what gambling do have.

In trading you have the control over your money and when are you planning to sell the stocks or coins that you have, wherein it requires an analytical skills, thus making it less risky than gambling.

Gambling is completely based on the luck of the gambler, so the winnings and the chances of winning in their is also based on the luck.
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September 22, 2016, 01:31:58 AM
 #1020

For a part I consider trading as gambling because of the risks that are almost the same, I think that gambling is similar to it, trading is risky and you can lose a lot of money.
Its maybe less more addictive but it has almost the same risks so..

You consider trading as risky is because you never do the proper research. It is just like those non-investor keep telling their peers that investment is a scary thing and you cant gain from it. But everyone knows they need to invest in order to keep up with inflation. So do put in some effort to study the market and you will feel it is not as risky as you think.

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