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Author Topic: Do you consider trading as gambling?  (Read 46723 times)
mirakal
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October 17, 2016, 03:43:02 AM

yes i consider trading as gambling. because in there we do not know that which coin will increase in value and which will decrease in value. We just put our money in any coin we want and sometimes because of which we lose all of our bitcoins and that is also happening in gambling.
That's not gambling for sure as trading you have a great chance to make money due to the fact that you can analyze the situation of the market while in gambling you can be solely depend on your luck to win which most of us failed under the situation.

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October 17, 2016, 03:48:54 AM

Kind of. Trading involves risks and presence of mind. So it can be considered as Gambling as well.
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October 17, 2016, 04:31:05 AM

Kind of. Trading involves risks and presence of mind. So it can be considered as Gambling as well.
exactly if you are placing a entry and without knowing which ways it will go you are exactly gambling from your luck, but if you are placing an entry to such trade knowing which direction it will go you are a pro and that's not gambling.

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October 17, 2016, 06:25:33 AM

Kind of. Trading involves risks and presence of mind. So it can be considered as Gambling as well.
exactly if you are placing a entry and without knowing which ways it will go you are exactly gambling from your luck, but if you are placing an entry to such trade knowing which direction it will go you are a pro and that's not gambling.
100% agree, trading is something that we can learn and can develop our skills in the long run while in gambling it is a mixture of skills and luck but most of the time we can win in gambling if we are lucky as sometimes it cannot be measured like in sports betting as some games are rigged.

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October 17, 2016, 06:27:46 AM

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.

It's the same. No matter how good you do your research in trading there is still great potential risk that you have not read the market trend right or the market trend can change immediately because of a greater news than the one you read before trading. It's totally unpredictable and trading is the same as gambling.
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October 17, 2016, 07:09:39 AM

Kind of. Trading involves risks and presence of mind. So it can be considered as Gambling as well.

But if you have some knowledge on trading and going for longer trade then it may not be exactly same as gambling but can consider it as investments with higher risks. But if you go for short term profits in trading then it will be exactly same a gambling. If you don't have a knowledge then better don't go for trading.


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BombayChicken
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October 17, 2016, 07:49:10 AM

actually trading is more like ponzi in nature, because always when trading if you lose some one else wins and if you profit as well some one
Else is losing money, but gambling is just for the house to win and 97% of players to lose then 3% win with the house as well.
I do not think that trading and gambling should be considered the same because with gambling you do not know that outcome and what is going to happen.
With trading you can already know for a certain extend what you can get if you trade/
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October 17, 2016, 08:15:29 AM

actually trading is more like ponzi in nature, because always when trading if you lose some one else wins and if you profit as well some one
Else is losing money, but gambling is just for the house to win and 97% of players to lose then 3% win with the house as well.
I do not think that trading and gambling should be considered the same because with gambling you do not know that outcome and what is going to happen.
With trading you can already know for a certain extend what you can get if you trade/

No I bet its not because trading is actual findings that you have a knowledge to take over or to take profit by means of buying low on a stacks who is available as for the moment and sell it when te price is up.

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October 17, 2016, 08:32:05 AM

actually trading is more like ponzi in nature, because always when trading if you lose some one else wins and if you profit as well some one
Else is losing money, but gambling is just for the house to win and 97% of players to lose then 3% win with the house as well.
I do not think that trading and gambling should be considered the same because with gambling you do not know that outcome and what is going to happen.
With trading you can already know for a certain extend what you can get if you trade/

No I bet its not because trading is actual findings that you have a knowledge to take over or to take profit by means of buying low on a stacks who is available as for the moment and sell it when te price is up.
yeah basically trading are about to predict uncertain price , it's same just like gamble . so if you think gambling and trading are totally different then it's wrong there is several things that similar and even same between gambling and trading but about to consider trading as gambling it's depends on how we treat both .

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October 17, 2016, 08:36:35 AM

actually trading is more like ponzi in nature, because always when trading if you lose some one else wins and if you profit as well some one
Else is losing money, but gambling is just for the house to win and 97% of players to lose then 3% win with the house as well.
I do not think that trading and gambling should be considered the same because with gambling you do not know that outcome and what is going to happen.
With trading you can already know for a certain extend what you can get if you trade/

No I bet its not because trading is actual findings that you have a knowledge to take over or to take profit by means of buying low on a stacks who is available as for the moment and sell it when te price is up.
yeah basically trading are about to predict uncertain price , it's same just like gamble . so if you think gambling and trading are totally different then it's wrong there is several things that similar and even same between gambling and trading but about to consider trading as gambling it's depends on how we treat both .

The only thing that I know that this three program is that they take risk for everybody because it is refers of growing your money through the program that made by someone. But for me trading is less risk than the two. Becayse knowledge is free to take profit from it. Base on my experience.

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rozee
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October 17, 2016, 09:01:34 AM

I dont think if trading is gambling its different
trading is market activity exchange one crypto to other crypto
if gambling is bet the crypto and no exchange activity
different, but yes both is very risky
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October 17, 2016, 09:14:38 AM

It differs. Both have risks. Both requires a "capital" or in gambling, we call that "wager".
However, we can't really classify trading as a kind of gambling because it is gambling only if you are betting your money for an uncertain result. In trading, yes, some things are uncertain but you can somehow analyze the patterns to avoid a huge loss.
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October 17, 2016, 10:18:58 AM

It differs. Both have risks. Both requires a "capital" or in gambling, we call that "wager".
However, we can't really classify trading as a kind of gambling because it is gambling only if you are betting your money for an uncertain result. In trading, yes, some things are uncertain but you can somehow analyze the patterns to avoid a huge loss.
Exactly. On point. Although both have risk, the difference of the risk you' re taking in gambling dwarfs that of what you take when you trade. Experienced traders can actually earn consistently while experienced gamblers still would rely heavily on luck

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October 17, 2016, 11:40:10 AM

Hey people,

I've always been a huge gambler. I like creating useless schemes (as we all know bank always win ^^) and betting whole nights long in order to find THE right way of betting.
But I need change, I can't bet over and over on the same game cause after I see that nothing can be done to change the odds, I'm bored.

So I thought a bit about trading and I started not so long ago. and it feels a bit like a betting game without knowing the odds and with an infinity of parameters!

Does anyone else takes trading as a gambling game? Smiley


for me I don't consider or
treat trading as gambling.

Cause gambling is some kind of
an entertainment wherein you can get fun
while playing it because of the risk and thrill that
you felt when you are in the game.

while in trading you are using your
pure analytical thinking on making
decisions especially when selling or buying your stocks.
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October 17, 2016, 12:00:01 PM

Yes, it is undoubted that there is an important factor of unpredictability in trading that makes this business very dependent on luck; however it is well known that a good strategy and proper money management can perfectly substitute good luck to ensure a consistent profitability in the long run.

I don't think so, trading could be easily a profitable method if you have good knowledge about it and if you study smoothly the market and the chart. However gambling is too risky and depend only on luck.
Yeah, definitely right, but trading need more time for us to earn money but once you know how it works, you will definitely earn money here in a long term of your trading. Unlike gambling, we can lose money in a short period of time.

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October 18, 2016, 06:23:54 PM

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
In trading you can improve your chances to make a profit with the right skill, knowledge and tools, while in gambling most of the time there is nothing you can do to change the odds of winning.



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Rainbot
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October 18, 2016, 07:32:39 PM

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
In trading you can improve your chances to make a profit with the right skill, knowledge and tools, while in gambling most of the time there is nothing you can do to change the odds of winning.
But, with gambling also we will be able to have different strategies and different settings to test our luck.
You may use your knowledge in some particular gambling but overall gambling is all about being lucky for that day.
But in trading, even having all the option to use knowledge, still our luck is also needed to make profits from trading. So, trading is also has the chances to be performed similar to gambling, like taking blind shot to test our luck while trading.

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October 18, 2016, 08:45:22 PM

no i do not consider trading as gambling although both are risky but still trading is a little safe than gambling, in gambling you never a chance to return your money back.
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October 19, 2016, 01:29:53 AM

no i do not consider trading as gambling although both are risky but still trading is a little safe than gambling, in gambling you never a chance to return your money back.

Me too I don't consider trading as gambling for they have different ways and they are completely different. Maybe they are just becoming the same for the risk that you are going to take in. But in trading, it has a lesser risk and when you lose some trade you can be confident that you are going to recover the losses that you had made.



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Rainbot
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kotwica666
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October 19, 2016, 01:46:59 AM

no i do not consider trading as gambling although both are risky but still trading is a little safe than gambling, in gambling you never a chance to return your money back.

Me too I don't consider trading as gambling for they have different ways and they are completely different. Maybe they are just becoming the same for the risk that you are going to take in. But in trading, it has a lesser risk and when you lose some trade you can be confident that you are going to recover the losses that you had made.

Depends what you consider as trading..!?

For proffessional traders it is very profitable job, but if we talk about cryptocurrency, it is different thing.

Bitcoin, and all cryptocurrency trading is extremly risky. Price can change even 2000% (or more - up and as well down) in 24 hours. It is true that someone can win a lot, but market like this usually is manipulated and are winning only big players.

Be careful guys! Do not get be fooled!

       
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