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Author Topic: Do you consider trading as gambling?  (Read 45214 times)
novemberwoah
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September 23, 2016, 05:38:13 AM
 #1041

In trading you can increase  your chances with knowledge, but it's still  a gambling game, specially when you  are betting on new coins. In the cryptocurrency  market, many times there is a high  difficulty to know where it will go.

Anything we trade without knowledge is purely a gambling because we just trade based on it may go up or based on some else tips. So don't trade if you don't know what you're doing because you may lose a lot of money in this kind of trading. Instead just keep the coins and you may make a good profit over the time.

And even with trading knowledge, people are taking a gambling here with their money. They can analyze the situation but no way they can predict it right.

They are just wagering the chance but not to the point they are accurate.
Trade knowledge must not only predict the price in my opinion. Fluctuation of prices can we predicted correctly if we could understand the trade. It was a little different from gambling just need luck because gambling is a game. In sports betting also we are able to predict, but the results still depends on luck. Although almost the same but very different trade and gambling.
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September 23, 2016, 06:11:50 AM
 #1042

Trading actually involves a  deep study before you invest  your money or put your possession  in 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.
good observation mate there's a lots of things that we need to consider first before we enter trading or else we are just leaning to our luck
just like doing some gamble, if you are ready and you got skills earning would be always at your side.

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September 23, 2016, 07:14:28 AM
 #1043

Trading actually involves a  deep study before you invest  your money or put your possession  in 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.
good observation mate there's a lots of things that we need to consider first before we enter trading or else we are just leaning to our luck
just like doing some gamble, if you are ready and you got skills earning would be always at your side.
One thing I am sure of is that if you will treat trading like a gambling you will not be able to succeed, this is a very difficult job if you want to succeed but if you think this is just a game, it is just easy. My advise to everyone who wants to start trading is they need to read all the basics first then start trading with a small amount.

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September 23, 2016, 09:40:43 AM
 #1044

Trading actually involves a  deep study before you invest  your money or put your possession  in 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.

Correct, trading needs a lot of knowledge and many times expert traders also lose a lot of money. It is not so easy like many people thinks, but if you go for a longer term, then you got a better chance of making money from trading than doing short term trading.
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September 23, 2016, 10:40:44 AM
 #1045

I take trading as a game but not gambling. I research for the right stocks (umm, for me Altcoins or fiat currencies only) to invest my Bitcoin in. When I buy them, I buy them with confident knowing that I will not lose anything. I take trading more like a real time strategy game where as every movements counts.

Despite trading like this, I have yet to make any huge profit from trading. Sad.

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September 23, 2016, 11:59:43 AM
 #1046

I take trading as a game but not gambling. I research for the right stocks (umm, for me Altcoins or fiat currencies only) to invest my Bitcoin in. When I buy them, I buy them with confident knowing that I will not lose anything. I take trading more like a real time strategy game where as every movements counts.

Despite trading like this, I have yet to make any huge profit from trading. Sad.
What is the difference between games and gambling, playing with money is always wrong. Unfortunately many traders are working in trading without knowing they are already doing it in gambling way. Your trading has already turned into gambling in my opinion, still you are able to make profits that is really nice to know.



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September 23, 2016, 12:43:04 PM
 #1047

I never tried trading nor gambling so i dont have any idea to share what the difference between that too but hoping soon i will make my first move to do trading and gambling i already read those gambling website where i can start playing it and the mechanics are really looks good and in trading im going to ask my friend who are trader since 2014 i think he got some ideas to share with me hope so.

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September 23, 2016, 01:26:59 PM
 #1048

I take trading as a game but not gambling. I research for the right stocks (umm, for me Altcoins or fiat currencies only) to invest my Bitcoin in. When I buy them, I buy them with confident knowing that I will not lose anything. I take trading more like a real time strategy game where as every movements counts.

Despite trading like this, I have yet to make any huge profit from trading. Sad.

That is good to hear you have very good knowledge and your analysis for pick the right option for trading doing very good job for you, I also think trading is not similar with gambling because it has very huge potential to get nice profit, if we have good knowledge about any particular thing.
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September 23, 2016, 01:35:15 PM
 #1049

I never tried trading nor gambling so i dont have any idea to share what the difference between that too but hoping soon i will make my first move to do trading and gambling i already read those gambling website where i can start playing it and the mechanics are really looks good and in trading im going to ask my friend who are trader since 2014 i think he got some ideas to share with me hope so.
Well, since you have no idea you are suppose not to participate on the discussion because you are off topic, but in any you have a relative discussion somehow, my suggestion to you is that you should try both so you will know the difference and you will become a certified risk taker.

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September 23, 2016, 01:43:23 PM
 #1050

I never tried trading nor gambling so i dont have any idea to share what the difference between that too but hoping soon i will make my first move to do trading and gambling i already read those gambling website where i can start playing it and the mechanics are really looks good and in trading im going to ask my friend who are trader since 2014 i think he got some ideas to share with me hope so.
Well, since you have no idea you are suppose not to participate on the discussion because you are off topic, but in any you have a relative discussion somehow, my suggestion to you is that you should try both so you will know the difference and you will become a certified risk taker.

He might be  off topic but  the thought  regarding  to the topic does  connects which somehow understandable.  You should  try those things  so that you would not be  so innocent in this  world. lol.  Trading and  gambling are common things here, if you dont know those things then, where are you after all this time?  Grin


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September 23, 2016, 06:55:48 PM
 #1051

It's like gambling where you can increase your chances with good informations, but the manipulation from the P&D groups can make it very difficult.
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September 24, 2016, 03:11:23 AM
 #1052

It's like gambling where you can increase your chances with good informations, but the manipulation from the P&D groups can make it very difficult.
You can expect any manipulation especially when you are trading with a low volume coins, that should be part of the factors that you should consider as a trader for you to be able to do your job well and to be a successful trader.

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September 24, 2016, 03:36:42 AM
 #1053

It's like gambling where you can increase your chances with good informations, but the manipulation from the P&D groups can make it very difficult.
You can expect any manipulation especially when you are trading with a low volume coins, that should be part of the factors that you should consider as a trader for you to be able to do your job well and to be a successful trader.
just trading for example at yobit is more gambling , a lot of dead coins are there,
and sometimes gambling and traiding is same

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September 24, 2016, 05:02:14 AM
 #1054

Trading actually involves a  deep study before you invest  your money or put your possession  in 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.

Correct, trading needs a lot of knowledge and many times expert traders also lose a lot of money. It is not so easy like many people thinks, but if you go for a longer term, then you got a better chance of making money from trading than doing short term trading.
Not only that but short term trading requires a lot more time and energy since you need to watch the screen every day for hours trying to find any signal in order to try to predict how the market is going to move, by using a more long term strategy, you still need to be on top of things but not as much as with short term trading.



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September 24, 2016, 07:21:53 AM
 #1055

Trading actually involves a  deep study before you invest  your money or put your possession  in 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.

Correct, trading needs a lot of knowledge and many times expert traders also lose a lot of money. It is not so easy like many people thinks, but if you go for a longer term, then you got a better chance of making money from trading than doing short term trading.
Not only that but short term trading requires a lot more time and energy since you need to watch the screen every day for hours trying to find any signal in order to try to predict how the market is going to move, by using a more long term strategy, you still need to be on top of things but not as much as with short term trading.
Exactly, that consumes a lot effort and time, you will only be successful doing that if you are a full time trader, in addition the new software which are the trading BOT could also help but since I have not used it I cannot guarantee that, others said that makes an easy for day traders.



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September 24, 2016, 07:51:23 AM
 #1056

It's like gambling where you can increase your chances with good informations, but the manipulation from the P&D groups can make it very difficult.
you are correct if whales played with the current price it is now pure gambling for your part because you are risking your money in a 50/50 chances but if the trade is fair we can consider it not a gambling but trusting the future goal of this specific investment.

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September 24, 2016, 12:37:13 PM
 #1057

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.

That is quite accurate. I also always hear that thing that investing is risky or should only be done by the rich. But the ones who are telling this are the ones who does not even experienced trading or invested on anything. It is like they just want to cast their fears on us. I also think that trading has its risk, but those risk can be minimized. While in gambling, there is no way you can minimize those risk. And besides, in gambling, the house have the bigger advantage so you are taking a bigger risk.


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September 24, 2016, 01:52:10 PM
 #1058

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.

That is quite accurate. I also always hear that thing that investing is risky or should only be done by the rich. But the ones who are telling this are the ones who does not even experienced trading or invested on anything. It is like they just want to cast their fears on us. I also think that trading has its risk, but those risk can be minimized. While in gambling, there is no way you can minimize those risk. And besides, in gambling, the house have the bigger advantage so you are taking a bigger risk.

Investments  do have really  some risk on lossing  you money it really depends  on a person  if he would  go through the risk or avoid  it at all.  As we all know  if  you want to gain something  you must  risk something and thats  the way  on investments.  Trading  has  risk  than gambling  but  you could  possibly do smart  trades  to lessen the risk.


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September 24, 2016, 02:27:07 PM
 #1059

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.

That is quite accurate. I also always hear that thing that investing is risky or should only be done by the rich. But the ones who are telling this are the ones who does not even experienced trading or invested on anything. It is like they just want to cast their fears on us. I also think that trading has its risk, but those risk can be minimized. While in gambling, there is no way you can minimize those risk. And besides, in gambling, the house have the bigger advantage so you are taking a bigger risk.

Investments  do have really  some risk on lossing  you money it really depends  on a person  if he would  go through the risk or avoid  it at all.  As we all know  if  you want to gain something  you must  risk something and thats  the way  on investments.  Trading  has  risk  than gambling  but  you could  possibly do smart  trades  to lessen the risk.

I don't think that trading has more risk than gambling you couldn't see it that it is much better to trade that to gamble because the main reason is there are more people dealing with gambling . We should have a better knowledge before going to trading as well as on gambling there should be a better strategy to be applied . And i agree to what you mentioned every investments has it's own risk .

B O

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September 24, 2016, 02:53:16 PM
 #1060

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.

That is quite accurate. I also always hear that thing that investing is risky or should only be done by the rich. But the ones who are telling this are the ones who does not even experienced trading or invested on anything. It is like they just want to cast their fears on us. I also think that trading has its risk, but those risk can be minimized. While in gambling, there is no way you can minimize those risk. And besides, in gambling, the house have the bigger advantage so you are taking a bigger risk.

Investments  do have really  some risk on lossing  you money it really depends  on a person  if he would  go through the risk or avoid  it at all.  As we all know  if  you want to gain something  you must  risk something and thats  the way  on investments.  Trading  has  risk  than gambling  but  you could  possibly do smart  trades  to lessen the risk.

I don't think that trading has more risk than gambling you couldn't see it that it is much better to trade that to gamble because the main reason is there are more people dealing with gambling . We should have a better knowledge before going to trading as well as on gambling there should be a better strategy to be applied . And i agree to what you mentioned every investments has it's own risk .

The two things you mentioned indeed always requires enough knowledge to be able to get some decent gains we get. gambling requires enough knowledge, but gambling is far more dangerous than trading. Because gambling addiction will give to us that play is excessive and is always a big profit-minded (greedy)


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