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Author Topic: Do you consider trading as gambling?  (Read 45437 times)
Teemotje
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November 06, 2016, 01:16:04 AM
 #1501

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.
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November 06, 2016, 08:41:40 AM
 #1502

Trading is like gambling. But in terms of risks they are very different from each other. In gambling your only chance of winning is only 50/50, also the house edge is your opponent. But in trading, you can minimize it depending on what you are trading.
there is also another difference in both of these and that is in gambling you do not have control that what will happen next and the bet comes as a surprise for you while in trading you can easily know and can predict from already and in this way you can control your earnings in trade.

I don't think in trading anyone can predict the outcome and if that is true then in this world everyone would have been rich by now. But in trading, if you go for long then you may not lose all your money suddenly, and you will get a chance to withdraw some of your money if your trade is going the wrong direction. My very experienced traders have lost a lot of money in trading so always trade carefully with smaller amounts until you get sufficient experience.

Trading is really a hard thing to do,  theres  no  one could able  to predict  the  price movement of  the market, as you said  if  anyone could able to predict then  we are  rich for  now and  no  trading market at all  because  everyone would surely  switch  into it.  Trading  at the first  place would  really  experience such loss because we are still lacking on knowledge and  thats a normal thing  on  the  learning process.

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November 06, 2016, 08:46:10 AM
 #1503

In my own opinion, everything that includes investment and has risks is a gambling and trading is included! When you engage in trading, you have no assurance if your investment will be really profitable. Although you can really minimize the risk in trading if you have proper knowledge about it. I suggest that always invest what you can afford to lose and don't put all of your eggs in one basket Smiley



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November 06, 2016, 09:03:49 AM
 #1504

In my own opinion, everything that includes investment and has risks is a gambling and trading is included! When you engage in trading, you have no assurance if your investment will be really profitable. Although you can really minimize the risk in trading if you have proper knowledge about it. I suggest that always invest what you can afford to lose and don't put all of your eggs in one basket Smiley

i think in trading, our money is not real loss but it was change into other type like stock, coins and else and still we can make profit when the price is up and its not a gambling as i know.

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November 06, 2016, 11:44:39 AM
 #1505

Hey people,

Does anyone else takes trading as a gambling game? Smiley


I wouldnt consider trading bitcoins on an exchange the same thing as gambling. Gambling involves a certain FIXED percentage change of you winning.

While trading is never a fixed chance. in gambling you usually know the odds of you winning but that doesnt apply in trading.
Also trading includes a ton of skill and intuition of when to buy/sell, while gambling is pure luck (excluding poker).

Trading is for sure lottery for every person that make first steps (each of us once had to start). So we can say that for beginners it is gambling. Everything depends from experience and knowledge. This same is with gambling - old gamblers know, that no one will be rich from gambling Smiley
Unless you are naturally gifted for an activity most people star at zero in almost anything in what they may try to do, gambling an investing are no exception to this rule.
We cannot expect that we can win when we play gambling because once we play gambling we may not know when we can win because there is no assurance at all in gambling and that's the truth!



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November 06, 2016, 01:04:23 PM
 #1506

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

If you go for trading without any knowledge of trading then surely it is same as gambling because you will by trading just by guessing price may go up or down and results only depend only on luck. But if you have knowledge and can go for long trade then it is a different story, and you can make some good profit from trading. As per me both are not same if you manage it properly.

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November 06, 2016, 03:47:44 PM
 #1507

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

If you go for trading without any knowledge of trading then surely it is same as gambling because you will by trading just by guessing price may go up or down and results only depend only on luck. But if you have knowledge and can go for long trade then it is a different story, and you can make some good profit from trading. As per me both are not same if you manage it properly.

That's why it's really important for us to learn the basics first in trading. Once we understand and have a proper knowledge about it, it would lessen the chance for us to gamble our bitcoins when we trade.

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November 06, 2016, 03:49:16 PM
 #1508

Depends with which thing I am trading so sometimes it is and sometimes it isnt.With new cryptocurrencies it is really risky and like gambling but with bitcoin it is safe.
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November 08, 2016, 01:40:05 AM
 #1509

For me it's a big No.
 Because trading having something to be traded for another item that is on same value.
 You actually get the same value as you give. No losses on both traders because they deal with an offer that will be good and enough for both of them. Its just like you buy an item with money to but instead of money you used an item.
So what do you think on my opinion ?   Wink

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November 08, 2016, 01:51:00 AM
 #1510

For me yes, because you have to take a risk. Your product might not be good to the buyer you might lose a lot of money with that.
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November 08, 2016, 02:29:30 AM
 #1511

For me yes, because you have to take a risk. Your product might not be good to the buyer you might lose a lot of money with that.

All types of investments have the risk and I consider that gambling is investment and so trading is. That's why they are all risky and I consider trading as gambling too for you will risk the money that you will invest into it. And it depends on how much you are willing to put into their or if else you will fail in trading, you will come back to gambling.



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November 08, 2016, 04:08:20 AM
 #1512

For me yes, because you have to take a risk. Your product might not be good to the buyer you might lose a lot of money with that.

All types of investments have the risk and I consider that gambling is investment and so trading is. That's why they are all risky and I consider trading as gambling too for you will risk the money that you will invest into it. And it depends on how much you are willing to put into their or if else you will fail in trading, you will come back to gambling.
You are right on that, it's like gambling but a less risky one.. You will be able to make a right study with trading since the information is present as you can see it, while in gambling it's more on the luck and a little skills.. But games can be manipulated so you cannot make profit in gambling.

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mirakal
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November 08, 2016, 08:02:07 AM
 #1513

For me yes, because you have to take a risk. Your product might not be good to the buyer you might lose a lot of money with that.

All types of investments have the risk and I consider that gambling is investment and so trading is. That's why they are all risky and I consider trading as gambling too for you will risk the money that you will invest into it. And it depends on how much you are willing to put into their or if else you will fail in trading, you will come back to gambling.
You are right on that, it's like gambling but a less risky one.. You will be able to make a right study with trading since the information is present as you can see it, while in gambling it's more on the luck and a little skills.. But games can be manipulated so you cannot make profit in gambling.
I would always choose trading over gambling because in trading I have more chance to be successful in the future while in gambling it's all about the luck and you cannot predict the right outcome of the game despite the information is present to analyze.

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November 08, 2016, 09:34:52 AM
 #1514

For me yes, because you have to take a risk. Your product might not be good to the buyer you might lose a lot of money with that.

All types of investments have the risk and I consider that gambling is investment and so trading is. That's why they are all risky and I consider trading as gambling too for you will risk the money that you will invest into it. And it depends on how much you are willing to put into their or if else you will fail in trading, you will come back to gambling.
okay all investment = gambling , so if you buy and invest on google stock, facebook stock etc it's gambling? well i don't fully agree , gambling are gambling and investment are investment both are different thing it's just has a similar feature. that's what crossed in my mind about gambling , trading and investment.

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November 08, 2016, 09:39:13 AM
 #1515

For me yes, because you have to take a risk. Your product might not be good to the buyer you might lose a lot of money with that.
Well trading and gambling are something different on trading we can do minimalize of lost(risk) we can do cut lost if the price agaist our position on trading but on gambling we can do that because it is depend on our lucky.
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November 08, 2016, 12:05:28 PM
 #1516

For me yes, because you have to take a risk. Your product might not be good to the buyer you might lose a lot of money with that.
Well trading and gambling are something different on trading we can do minimalize of lost(risk) we can do cut lost if the price agaist our position on trading but on gambling we can do that because it is depend on our lucky.
it's similar for both. In trading we need to have a big amount of capital to be able to make small amount of profit but in gambling we love to put a small bankroll hoping we can turn that to x10 of the original amount.

I think it is more on who will manage the money.

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November 08, 2016, 05:56:14 PM
 #1517

For me yes, because you have to take a risk. Your product might not be good to the buyer you might lose a lot of money with that.
Well trading and gambling are something different on trading we can do minimalize of lost(risk) we can do cut lost if the price agaist our position on trading but on gambling we can do that because it is depend on our lucky.
getting your point that's right we can make good assessment to avoid totally losing our money inside trading unlike in gambling we are just relying from our luck and its limited in terms of certain games we play with trading anytime that we wish to get our earnings or every time we wanted to cut our loses we can it asap. its just consider gambling if you are relying in your luck without knowing more about the investment that you are placing your money.

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November 08, 2016, 09:26:20 PM
 #1518

Trading is like gambling. But in terms of risks they are very different from each other. In gambling your only chance of winning is only 50/50, also the house edge is your opponent. But in trading, you can minimize it depending on what you are trading.
there is also another difference in both of these and that is in gambling you do not have control that what will happen next and the bet comes as a surprise for you while in trading you can easily know and can predict from already and in this way you can control your earnings in trade.
While trading is way better than gambling, you are mistaken when you imply that somehow we have control of what will happen next if you trade, that is completely false, since we have no way to know what will happen next, we can estimate what can happen but we will never know for sure.



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November 09, 2016, 08:57:50 AM
 #1519

Trading is like gambling. But in terms of risks they are very different from each other. In gambling your only chance of winning is only 50/50, also the house edge is your opponent. But in trading, you can minimize it depending on what you are trading.
there is also another difference in both of these and that is in gambling you do not have control that what will happen next and the bet comes as a surprise for you while in trading you can easily know and can predict from already and in this way you can control your earnings in trade.
While trading is way better than gambling, you are mistaken when you imply that somehow we have control of what will happen next if you trade, that is completely false, since we have no way to know what will happen next, we can estimate what can happen but we will never know for sure.

True!
You cannot assure profit from trading because it still has risks!
But you can lessen the risk buy studying about the coin you are going to trade and by having an strategy like when to invest high and when to invest low. Also, you can also add that you should invest on a trusted site which has lots of "whales" or what we know as big time investors Smiley



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Positid
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November 09, 2016, 11:23:15 AM
 #1520

Trading is like gambling. But in terms of risks they are very different from each other. In gambling your only chance of winning is only 50/50, also the house edge is your opponent. But in trading, you can minimize it depending on what you are trading.
there is also another difference in both of these and that is in gambling you do not have control that what will happen next and the bet comes as a surprise for you while in trading you can easily know and can predict from already and in this way you can control your earnings in trade.
While trading is way better than gambling, you are mistaken when you imply that somehow we have control of what will happen next if you trade, that is completely false, since we have no way to know what will happen next, we can estimate what can happen but we will never know for sure.

True!
You cannot assure profit from trading because it still has risks!
But you can lessen the risk buy studying about the coin you are going to trade and by having an strategy like when to invest high and when to invest low. Also, you can also add that you should invest on a trusted site which has lots of "whales" or what we know as big time investors Smiley
Studying means you need to allocate a lot of time to be updated of the recent information of the asset that you are trading. Therefore, as a trader if you want to make money, you need to value your time and if it's possible you need to make a good amount of capital for your trading activity.

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