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Author Topic: Do you consider trading as gambling?  (Read 45242 times)
freedomgo
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October 20, 2016, 07:21:25 AM
 #1321

of course, different. trading is a form that requires skill. while gambling more rely on luck. many people fail to play gambling, because they were unlucky. You must be willing to take risks in view of all the action.

Trading require some skills but not a lot in my eyes because it also requires luck so I think that due to the fact its looking as gambling it is almost the same these days...

Trading does need both of it unlike in gambling you only need capital and luck. But for me, I would consider trading as gambling if it were for the risk, because trading is also risky and all types of investments are risky and that is just like you are gambling for money. And there is no assurance that you are going to get profit.

They are both the same  in the terms of risk because  on both ways you could  able to lose your money as  you said there  are no investments without  any risk and  all of them has. Because  if you  risk money you would  also get  money. The edge of trading  upon gambling  is   you could able to be profitable if you  trade smartly.
But if you are wiser, you will choose trading over gambling, the point here is that there are more people being successful in trading while only few people are successful in gambling, there is a big difference and our aim is to make money so trading is the answer.



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October 20, 2016, 07:59:00 AM
 #1322

Trading is a gamble but it is not gambling, that is a very simple definition to that. With trading we can have as many reference as we can to be able to make the right decision to be profitable but in gambling most of our method relies on luck to win, that is the big difference between the two.

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October 20, 2016, 08:02:17 AM
 #1323

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.
Both are risky but with trading you somewhat know that you get something back for it but with gambling you are just taking a wild guess.
But both of them are not the best ways to make some extra money.
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October 20, 2016, 08:26:22 AM
 #1324

Gambling to me is totally different from trading. In gambling, you are making a choice and the result you have no control. Just like you gambling in table games and randomly buying in stock, the ups and downs you have no control over it. So in this case, trading without any knowledge is just like gambling. However, if you do your research and find out that the stock has an upward trend and the business system has edge competitive, you can say that it is a real deal to trade and your chance of getting more money out of it is hugely increase.
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October 20, 2016, 08:28:57 AM
 #1325

Trading can be much better than gambling, because the chance is also higher to earn money with trading than with gambling so that is also very good for you if you are trading.
Gambling gives you fun and the reason that you are trading is to earn some money with it.
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October 20, 2016, 08:35:12 AM
 #1326

Trading can be much better than gambling, because the chance is also higher to earn money with trading than with gambling so that is also very good for you if you are trading.
Gambling gives you fun and the reason that you are trading is to earn some money with it.
that's the big thing here we are trading because we are wanting to earn big while in gambling we are just playing for fun or we are not really aiming unless we are also gambling to profits for me if you already pro trading is not gambling for you.

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October 20, 2016, 09:23:08 AM
 #1327

Trading is a gamble but it is not gambling, that is a very simple definition to that. With trading we can have as many reference as we can to be able to make the right decision to be profitable but in gambling most of our method relies on luck to win, that is the big difference between the two.

Gambling just have "win or lose" but trading have "hold, wait, buy, sell" and a lot of things!
You couldn't even call it gambling if you're very good at it already.

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October 20, 2016, 09:45:03 AM
 #1328

It is always a gamble whenever you decide to buy another coin. That choice will give you doubts if it will be profitable. So it is gambling in a better way. There will be something left for you if ever the price goes down slowly you can back out fast.

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October 20, 2016, 12:46:42 PM
 #1329

It is always a gamble whenever you decide to buy another coin. That choice will give you doubts if it will be profitable. So it is gambling in a better way. There will be something left for you if ever the price goes down slowly you can back out fast.
It should be on the right timing when you buy and sell your bitcoins, and to do that successfully, you need to be active to pay attention on the price movement to predict the appropriate outcome and make the right timely decisions.

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October 20, 2016, 02:16:35 PM
 #1330

Yes I agree that trading is the same as gambling.. both are risky . but trading is much better because your investing your money with it and it's a matter of prediction. Gambling is for fun when you have a lot of money to waste with.  Grin

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October 20, 2016, 02:23:47 PM
 #1331

Yes I agree that trading is the same as gambling.. both are risky . but trading is much better because your investing your money with it and it's a matter of prediction. Gambling is for fun when you have a lot of money to waste with.  Grin

in a way they're the same, as both, just as you said, are ventures with risks. though trading has a lower chance of you losing because experience and knowing how to read how the currencies move would better your chance of earning by a whole lot.

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October 20, 2016, 03:38:24 PM
 #1332

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.
Investing and gambling can be similar if you treat them the same way, but while in gambling most of the time luck is everything }, in investing you can improve your chances of earning a profit with the right knowledge.
For me they are still not the same because gambling is for fun not for source of income unlike you are investing in trading that we can say that you have business buying and selling worth altcoin that you can hold for a long term an you can sell in  the right time..
Gambling users luck to win in the game but trading needs your skills and knowledge to succeed in trading, your win in gambling is no question just a temporary one but in trading you will mature as you stay longer which will give you a chance to be an expert in trading and make money consistently.

Not all gambling games are purely
based on luck.

There are games like poker where you also needs skills
and by most of the time you will learn a lot after a long
time of playing it.

Which you can use as your advantage in the future.
This is why if you want to eventually earn a little bit of money on gambling poker should probably be your game of choice, since with time you can get better and better.



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Rainbot
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October 20, 2016, 04:24:51 PM
 #1333

Yes I agree that trading is the same as gambling.. both are risky . but trading is much better because your investing your money with it and it's a matter of prediction. Gambling is for fun when you have a lot of money to waste with.  Grin

in a way they're the same, as both, just as you said, are ventures with risks. though trading has a lower chance of you losing because experience and knowing how to read how the currencies move would better your chance of earning by a whole lot.

All depends on what you trade! Are specialists that are trading gold or other mineral resources and this is quite safe. If we talk about cryptocurrency trading - yes, it is very risky. For new members for sure it is much more risky than gambling.

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October 20, 2016, 05:15:01 PM
 #1334

No, I don't consider trading as gambling because gambling depends on luck mostly and trading depends on your skills and experience.Though trading needs a little bit luck but it doesn't not matter much rather gambling is just matters on luck.
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October 21, 2016, 04:57:43 AM
 #1335

No, I don't consider trading as gambling because gambling depends on luck mostly and trading depends on your skills and experience.Though trading needs a little bit luck but it doesn't not matter much rather gambling is just matters on luck.

That depends from your point of view on this but both are risky and need luck in some point. When you gamble or trade goal is same want to gain income so in some point this is matter of opinio on this someone will say they are same other that is not.



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October 21, 2016, 05:07:50 AM
 #1336

No, I don't consider trading as gambling because gambling depends on luck mostly and trading depends on your skills and experience.Though trading needs a little bit luck but it doesn't not matter much rather gambling is just matters on luck.

That depends from your point of view on this but both are risky and need luck in some point. When you gamble or trade goal is same want to gain income so in some point this is matter of opinio on this someone will say they are same other that is not.


It is true, As per definition of gambling, It is risking money base on chance only, Both trading and casino gambling are both depends on luck and there is no guarantee that you can have profit, For me it is just the same, But trading is just formal that is why other people see it in a good way but if you really study what it's behavior, you will notice that it is just another form of gambling.

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October 21, 2016, 05:12:08 AM
 #1337

No, I don't consider trading as gambling because gambling depends on luck mostly and trading depends on your skills and experience.Though trading needs a little bit luck but it doesn't not matter much rather gambling is just matters on luck.
you are right. difference of gambling and trading is in how you make money. on gambling, it was pure luck, while the trading is dependent on the skills and your experience, if you do not have it, then it all just depends on your luck

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October 21, 2016, 05:50:40 AM
 #1338

No, I don't consider trading as gambling because gambling depends on luck mostly and trading depends on your skills and experience.Though trading needs a little bit luck but it doesn't not matter much rather gambling is just matters on luck.
you are right. difference of gambling and trading is in how you make money. on gambling, it was pure luck, while the trading is dependent on the skills and your experience, if you do not have it, then it all just depends on your luck
I will not believe that in gambling it is just a pure luck, you might not witness those who are successful in gambling in the long run and I am quite sure they are not relying on their luck alone as it cannot be with us all the time, maybe it is appropriate to say that gambling needs to be skillful to make money but if you are lucky you will increase your chance.

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October 21, 2016, 08:57:09 AM
 #1339

No, I don't consider trading as gambling because gambling depends on luck mostly and trading depends on your skills and experience.Though trading needs a little bit luck but it doesn't not matter much rather gambling is just matters on luck.
you are right. difference of gambling and trading is in how you make money. on gambling, it was pure luck, while the trading is dependent on the skills and your experience, if you do not have it, then it all just depends on your luck
I will not believe that in gambling it is just a pure luck, you might not witness those who are successful in gambling in the long run and I am quite sure they are not relying on their luck alone as it cannot be with us all the time, maybe it is appropriate to say that gambling needs to be skillful to make money but if you are lucky you will increase your chance.
its case to case basis mate so you are right there's also some gamblers who can win from the daily basis and they keep doing it because they already master the game.

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October 21, 2016, 09:22:07 AM
 #1340

Simple as it is *if you are trying to predict future results, and you are giving your money to make profit in case when predictios are correct* you are gambling, full stop.
Everything is the same, just the game is different. On roulette you pick number, in trading you have more choices. It's just a  complicated gambling game, where skill have bigger roll then luck.

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