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Author Topic: Do you consider trading as gambling?  (Read 45355 times)
JeanMcCoy
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October 14, 2016, 07:35:51 PM
 #1261

Yes I think its a sort of gambling, I think that the risks are equal in the first place so due to that I think that its logical that it can be considered as gambling.
Trading is maybe a little less more risky but its stays almost the same.
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October 14, 2016, 11:05:08 PM
 #1262

yep gambling and trading has only a string difference, So we can say bot are same. In gambling only luck brings you profit, In trading Knowledge plays a significant role to make profit.

If trading is based on knowledge then every brainy person would have earned millions from trading and all other would have followed their strategy to trade, and finally there will be no losers. I don't think such scenario is possible in trading.

If gambling is based on knowledge and skills, then the same condition above would apply to gambling too. So to profit from both trading and gambling we need knowledge, Skill and luck, Which is in different proportion for each.
Trading is a zero-sum game if you win then someone, somewhere is losing besides there is not a holy grail strategy that one can pinpoint that will always produce profits, the true traders know this and that is why they are always adapting.



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October 14, 2016, 11:40:00 PM
 #1263

Interesting idea. However, i beg to disagree. If trading is the similar to gambling, then how come we can see world richest man consists of warren buffett and i dont see rich guy who came from gambling. As you can see, if you have the right knowledge, you dont need luck anymore.
But in real life , we can see the knowledge peoples will be beat up with the luckiest person and there are much proof to validate this.
In trading , we still have luck for when to choose the coins and buy/sell it in the right time (but once again , it doesn't mean for trading is same like gambling because the mechanism is much different)

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October 14, 2016, 11:40:47 PM
 #1264

Gambling has risks while trading is easy once you understand the market.
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October 14, 2016, 11:54:13 PM
 #1265

Interesting idea. However, i beg to disagree. If trading is the similar to gambling, then how come we can see world richest man consists of warren buffett and i dont see rich guy who came from gambling. As you can see, if you have the right knowledge, you dont need luck anymore.
But in real life , we can see the knowledge peoples will be beat up with the luckiest person and there are much proof to validate this.
In trading , we still have luck for when to choose the coins and buy/sell it in the right time (but once again , it doesn't mean for trading is same like gambling because the mechanism is much different)
totally agree with your opinion , just because there is luck factor in trading doesn't mean it's gambling
people are too straightforward consider something like trading as gambling
they must have no idea about what trading it is
gambling are clearly stake money for something uncertain while trading you can predict something that people think will be accurate.
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October 15, 2016, 12:43:38 AM
 #1266

Gambling has risks while trading is easy once you understand the market.

Both are risky. But you should understand that gambling is not for making a profit, but you can enjoy these games with money. If you want to grow your money, then you should invest money either in stocks, trading, casino investments or where you think is good to invest. Don't ever gamble by thinking you can grow your money.

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October 15, 2016, 02:08:50 AM
 #1267

Gambling has risks while trading is easy once you understand the market.

Both are risky. But you should understand that gambling is not for making a profit, but you can enjoy these games with money. If you want to grow your money, then you should invest money either in stocks, trading, casino investments or where you think is good to invest. Don't ever gamble by thinking you can grow your money.
The risk should be base on the assessment of the certain investor who owns the money, if he thinks he has a great shot in trading then it is just right to focus in trading, as long as we know the there are people who succeeds in trading we are also capable of following into their path of success.

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October 15, 2016, 07:50:44 PM
 #1268

Trading is very different from gambling, in my opinion. Depending on the level of knowledge and trading strategy, chances may significantly increase.
Thats true, for me trading is not like gambling, indeed both are risky but in trading its not all base in luck because you have to be knowledgeable in trading in order to do the right thing its more on experience and knowledge. unlike in gambling you have to be lucky to be able to win.

Trading does  also need  luck in able to make a succesful trade because  price movements are  too unpredictable too but as you said  trading is  different  from gambling at all in the sense that you could able to learn and make some trading styles that would  able you to make an edge or advantage  to make succesful trades and which this  thing you could  not see  on playing gambling. On doing gambling  it only  fully relies on luck.

That luck in trading can be feel by instinct.

Loook how traders especially in altcoin trades feel the possible luck that will happen in a certain. Yes you may know when the time luck will come. It's up tp the trader now how they will take advantage of that because sometimes others are greedy on profits resulting for negative result.
Gambling is different as trading, I tell you why. With gambling you develop addiction, with trade do you ? NO
With gambling you will always loose in the long run, with trading will you ? NO
So, both are completely different. Trading is simply all about skill and knowledge where gambling is just luck based.
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October 15, 2016, 09:26:55 PM
 #1269

Yes I think its a sort of gambling, I think that the risks are equal in the first place so due to that I think that its logical that it can be considered as gambling.
Trading is maybe a little less more risky but its stays almost the same.

it is gambling only for those people who start trade and they consider only their luck enough for starting that trade and people who start trade with skills and do their research and get more knowledge about any investment do not see trade as gambling.


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October 15, 2016, 10:11:43 PM
 #1270

Gambling has risks while trading is easy once you understand the market.
Trading is never easy, whether you are trading altcoins, forex or stocks, there are always new strategies being tested, new software new knowledge to absorb, anyone that thins trading is easy is destined to have low profits or even worse to lose it all.



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October 15, 2016, 10:12:05 PM
 #1271

Yes because theres a risk also in trading maybe you can lose your money like gambling so i consider that trading as gambling. But in trading if you lose somd you can recover it fast if you have a capital try to buy 3-4 different altcoins then you keep it in a long term. That is the best in trading if you lose somd you can get recover it fast.

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hawkins
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October 15, 2016, 10:27:58 PM
 #1272

Yes because theres a risk also in trading maybe you can lose your money like gambling so i consider that trading as gambling. But in trading if you lose somd you can recover it fast if you have a capital try to buy 3-4 different altcoins then you keep it in a long term. That is the best in trading if you lose somd you can get recover it fast.
the actual gambling and trading are different, even very different. losses in trading, you can still be minimized if you have a good analysis. so you sell the coins that you have before the price is really down, so you're not too lose in this case. but in gambling, you will not be able to minimize the risk that you have, because when you lose in a casino, then bet all the money you would have spent. so, perhaps in terms of making BTC become more in a short time with minimum risk, trading may still be better

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October 16, 2016, 02:43:45 AM
 #1273

They are about the same thing.
Since trading is an investment all forms of investment are gambles.
Its a gamble that btc isn't going to crash, there are no guarantees in gambling and no guarantees in trading.



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Rainbot
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October 16, 2016, 05:46:50 AM
 #1274

They are about the same thing.
Since trading is an investment all forms of investment are gambles.
Its a gamble that btc isn't going to crash, there are no guarantees in gambling and no guarantees in trading.
Well the chances are better in trading than in gambling. Risks are calculated here so the more experience and the more familiar you are with trading he more chance of you knowing when to trade. In gambling, you depend mainly on luck.it doesnt matter if you are prepared or not if youre lucky youre lucky if not you're screwed

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October 16, 2016, 06:25:51 AM
 #1275

They are about the same thing.
Since trading is an investment all forms of investment are gambles.
Its a gamble that btc isn't going to crash, there are no guarantees in gambling and no guarantees in trading.
Well the chances are better in trading than in gambling. Risks are calculated here so the more experience and the more familiar you are with trading he more chance of you knowing when to trade. In gambling, you depend mainly on luck.it doesnt matter if you are prepared or not if youre lucky youre lucky if not you're screwed
Issue with trading is speculators they can dump on people just as fast as you can lose gambling so there both have their negatives.



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Rainbot
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October 16, 2016, 11:04:45 AM
 #1276

Gambling has risks while trading is easy once you understand the market.
yes that is a fact that gambling is more risky than trading, in trading you have always a chance of recovering your money while in gambling there is no chance fo recovering your money.
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October 16, 2016, 01:38:50 PM
 #1277

Gambling has risks while trading is easy once you understand the market.
yes that is a fact that gambling is more risky than trading, in trading you have always a chance of recovering your money while in gambling there is no chance fo recovering your money.
You all have the chance to recover of course but it is just hard in gambling compared to trading, however you cannot generalize your statement as not all people are losers in gambling, in my knowledge there are also people who are making a living in gambling because they are exceptional.

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October 16, 2016, 04:02:33 PM
 #1278

there is a big difference between the two, gambling is a game of money and you put money on rest know the result just to win or lose, but in investment you have to invest just for making money and there are very little chance to lose the money in investment.
No, there are a lot of chances to loose our capital money in investment too. Because, we are just analyzing an investment opportunity based on their past performance. But, there will be no guarantee that the past performance will be repeated in future too.

We can see many good reputed companies are getting bankruptcy overnight. So, there will not be any complete guarantee for our investment in the any business. In my opinion, both gambling and investment are having risks but based on different factors.
You are right trusting a company also needs luck because anyone can always turn scam.
I think gambling is much better than trading because you are not using much of your brain and having fun, with trade you will always have to be worried even when sleeping.

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October 16, 2016, 04:15:14 PM
 #1279

There are some differences between both but if you look at them the way these work you will see them same basically. You take risk in them both to make your money more which is straight gambling related thing. I really don't see anything different and consider them similar because of their infrastructure.

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October 16, 2016, 04:53:42 PM
 #1280

There are some differences between both but if you look at them the way these work you will see them same basically. You take risk in them both to make your money more which is straight gambling related thing. I really don't see anything different and consider them similar because of their infrastructure.

It is such a big difference. Gambling is a high risk with even negative outcome. However for trading, if you have done your research or read up carefully, trading can be quite profitable and you have control over the outcome and you can minimal your risk to the lowest.

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