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Author Topic: Do you consider trading as gambling?  (Read 46526 times)
LimLims
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March 27, 2017, 03:23:53 AM
 #1701

If you jump into trading without any knowledge and skills then there will be no difference between trading and gambling as in both cases you are depending only on luck to make profits which can be really risky so its always good to get into trading only after learning and gaining some knowledge about the market.

Yeah that's acceptable to consider that you are actually wasting your bitcoin and as well as your time, the same thing with gambling. As we gamble, we tend to aim for profit no matter how does the game goes if you lack of those things then in the end you are just doing the same thing.

Gambling is surely a waste of time and money and it will never give you positive results in long run but if you invest some time in learning trading then it can help you in making good profits on regular basis and there is less risk involved in trading in compare to gambling.


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March 27, 2017, 03:44:51 AM
 #1702

If you jump into trading without any knowledge and skills then there will be no difference between trading and gambling as in both cases you are depending only on luck to make profits which can be really risky so its always good to get into trading only after learning and gaining some knowledge about the market.

Yeah that's acceptable to consider that you are actually wasting your bitcoin and as well as your time, the same thing with gambling. As we gamble, we tend to aim for profit no matter how does the game goes if you lack of those things then in the end you are just doing the same thing.

Gambling is surely a waste of time and money and it will never give you positive results in long run but if you invest some time in learning trading then it can help you in making good profits on regular basis and there is less risk involved in trading in compare to gambling.

Not the whole gambling, it will be a waste of time if you are going to do it without even thinking. Just like in trading, you will trade without appropriate knowledge then you are actually gambling in the wrong way. And additional, there are people that are making bucks out of gambling and they are very few in this world, gambling is just really for them.

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March 27, 2017, 05:10:49 AM
 #1703

If you jump into trading without any knowledge and skills then there will be no difference between trading and gambling as in both cases you are depending only on luck to make profits which can be really risky so its always good to get into trading only after learning and gaining some knowledge about the market.

Yeah that's acceptable to consider that you are actually wasting your bitcoin and as well as your time, the same thing with gambling. As we gamble, we tend to aim for profit no matter how does the game goes if you lack of those things then in the end you are just doing the same thing.

Gambling is surely a waste of time and money and it will never give you positive results in long run but if you invest some time in learning trading then it can help you in making good profits on regular basis and there is less risk involved in trading in compare to gambling.

Not the whole gambling, it will be a waste of time if you are going to do it without even thinking. Just like in trading, you will trade without appropriate knowledge then you are actually gambling in the wrong way. And additional, there are people that are making bucks out of gambling and they are very few in this world, gambling is just really for them.
Those few people who are fortubate in gambling are those people whose patient and strategic enough. Gambling isn't waste of time since once you hit the small percentage of winning, all of your lose can be recovered. Gambling is very significant for people who doesn't have bunch of money to be traded. Thus, for by simply gambling, they can still have an oportunity to gain a huge profit which would give them a foundation to succeed in their life.

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March 27, 2017, 09:39:51 AM
 #1704

If you jump into trading without any knowledge and skills then there will be no difference between trading and gambling as in both cases you are depending only on luck to make profits which can be really risky so its always good to get into trading only after learning and gaining some knowledge about the market.

Yeah that's acceptable to consider that you are actually wasting your bitcoin and as well as your time, the same thing with gambling. As we gamble, we tend to aim for profit no matter how does the game goes if you lack of those things then in the end you are just doing the same thing.

Gambling is surely a waste of time and money and it will never give you positive results in long run but if you invest some time in learning trading then it can help you in making good profits on regular basis and there is less risk involved in trading in compare to gambling.

Not the whole gambling, it will be a waste of time if you are going to do it without even thinking. Just like in trading, you will trade without appropriate knowledge then you are actually gambling in the wrong way. And additional, there are people that are making bucks out of gambling and they are very few in this world, gambling is just really for them.
Those few people who are fortubate in gambling are those people whose patient and strategic enough. Gambling isn't waste of time since once you hit the small percentage of winning, all of your lose can be recovered. Gambling is very significant for people who doesn't have bunch of money to be traded. Thus, for by simply gambling, they can still have an oportunity to gain a huge profit which would give them a foundation to succeed in their life.

We can't tell if those people who are fortunate in gambling are simply patient and strategic. As long as they are going to know what they are doing, and they can simplify trading and gambling. Yes, gambling is good for everyone that has enough money to gamble and wants to make themselves had fun for a while and trading is good for those who really wants to get profit.

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March 27, 2017, 10:10:43 AM
 #1705

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

Yeah it totally have some risk same as gambling, but as you can see trading is safer than gambling because you can't lose all your money through trading you might lose some but it won't be that much unless you just buy anything that comes up to your mind, and in trading there is some strategies that is applicable while in gambling your luck is your only chance. But if have some control in yourself then you can gain lots of profit through gambling.


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March 27, 2017, 10:16:18 AM
 #1706

So far as trading involves risk I see it as gambling too even through the risk of losing out in trading is moderate compared to gambling games which can empty your pocket at an instance.

Trading can as well empty your pocket at an instance. I think the only difference here is the risk. Gambling can double or lose your money on a short period of time while in trading you can choose to take risk in a long period of time

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March 27, 2017, 11:02:41 AM
 #1707

So far as trading involves risk I see it as gambling too even through the risk of losing out in trading is moderate compared to gambling games which can empty your pocket at an instance.

Trading can as well empty your pocket at an instance. I think the only difference here is the risk. Gambling can double or lose your money on a short period of time while in trading you can choose to take risk in a long period of time

Have you ever see someone lose everything while trading in an instance? Never . If you purchase altcoin at 0.001 / altcoin and the price drop down to 100 satoshi / altcoin then you are still getting some satoshi in your pocket. Gambling is completely different, you either win the amount you desire or lose everything
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March 27, 2017, 11:44:06 AM
 #1708

If you jump into trading without any knowledge and skills then there will be no difference between trading and gambling as in both cases you are depending only on luck to make profits which can be really risky so its always good to get into trading only after learning and gaining some knowledge about the market.

Yeah that's acceptable to consider that you are actually wasting your bitcoin and as well as your time, the same thing with gambling. As we gamble, we tend to aim for profit no matter how does the game goes if you lack of those things then in the end you are just doing the same thing.
If we think for those things which you mentioned then yes at that point we come together in gambling and trading. If a person will have knowledge and skills then there is no any risk in trading the same also happen in betting for sports in which if we have knowledge about the team and sports then we will win depending on our skills and experience.

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March 27, 2017, 12:00:31 PM
 #1709

So far as trading involves risk I see it as gambling too even through the risk of losing out in trading is moderate compared to gambling games which can empty your pocket at an instance.

Trading can as well empty your pocket at an instance. I think the only difference here is the risk. Gambling can double or lose your money on a short period of time while in trading you can choose to take risk in a long period of time

Have you ever see someone lose everything while trading in an instance? Never . If you purchase altcoin at 0.001 / altcoin and the price drop down to 100 satoshi / altcoin then you are still getting some satoshi in your pocket. Gambling is completely different, you either win the amount you desire or lose everything

You make a good case there with not being able to lose everything. This does not mean that something only qualifies as gambling when you are able to lose absolutely everything though.
For instance, if you follow strict bankroll management, you will not lose everything ever, but you are still gambling.

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March 27, 2017, 12:55:10 PM
 #1710

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.


Yes, you are right they are both the same. Similar in that they both attempt to create a capital gain. Trading and gambling involve capital transfer without capital creation they are viewed skeptically, especially when their outcomes are unpredictable.

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March 27, 2017, 01:00:45 PM
 #1711

I don't consider trading as gambling because they are very far from each other. The way on how gambling games are being played, they are not the same. So in my own point even they had the same risk, they are completely different. Trading is better if you are into getting profit but gambling we know is not the best way for it, it's opposite.


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March 27, 2017, 03:57:00 PM
 #1712

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.


Yes, you are right they are both the same. Similar in that they both attempt to create a capital gain. Trading and gambling involve capital transfer without capital creation they are viewed skeptically, especially when their outcomes are unpredictable.
The difference between on that too is the fastest way to earn capital is on gambling both needs capital but you can earn there consistent income in gambling not unlike in trading you need to choose when your money will be in long run or in short run and it is depends on the coins right?

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March 27, 2017, 05:39:56 PM
 #1713

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.


Yes, you are right they are both the same. Similar in that they both attempt to create a capital gain. Trading and gambling involve capital transfer without capital creation they are viewed skeptically, especially when their outcomes are unpredictable.
The difference between on that too is the fastest way to earn capital is on gambling both needs capital but you can earn there consistent income in gambling not unlike in trading you need to choose when your money will be in long run or in short run and it is depends on the coins right?
yeah we can easily earning profit through gambling in short time and gambling is really a fastest option to earn bitcoin and i think gambling is much more better than trading.

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March 27, 2017, 05:51:15 PM
 #1714

Yeah that's acceptable to consider that you are actually wasting your bitcoin and as well as your time, the same thing with gambling. As we gamble, we tend to aim for profit no matter how does the game goes if you lack of those things then in the end you are just doing the same thing.
They are related in having unknown risks but with the possibility to use judgement to increase the possibility of gaining a profit.   The difference with trading and why its supposed to be superior is there is no limit to the data you might gain on an investment or trading scenario.     There is a limit to the physical ability to judge a roll of a dice, it is effectively random with incalculable odds and of course online its beyond sight but you can still weight the possibles based on previous results and everyone does this consciously or not.

You can apply maths to both trading and gambling but neither will be known exactly, they are not that directly related most of the time except for requiring quick judgement and a good nerve perhaps so there is a skill set overlap

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March 27, 2017, 05:59:43 PM
 #1715

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.


Yes, you are right they are both the same. Similar in that they both attempt to create a capital gain. Trading and gambling involve capital transfer without capital creation they are viewed skeptically, especially when their outcomes are unpredictable.
The difference between on that too is the fastest way to earn capital is on gambling both needs capital but you can earn there consistent income in gambling not unlike in trading you need to choose when your money will be in long run or in short run and it is depends on the coins right?

beside the fastest way to earn capital, both of gambling and trading is the fastest way to loss our money if we are make some mistake. but for me, i think trading with skill base is not as gambling and we can still makes money for short term and long term so there is a good way for us to earn more profit from trading.
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March 28, 2017, 02:14:18 AM
 #1716

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.


Yes, you are right they are both the same. Similar in that they both attempt to create a capital gain. Trading and gambling involve capital transfer without capital creation they are viewed skeptically, especially when their outcomes are unpredictable.
The difference between on that too is the fastest way to earn capital is on gambling both needs capital but you can earn there consistent income in gambling not unlike in trading you need to choose when your money will be in long run or in short run and it is depends on the coins right?

beside the fastest way to earn capital, both of gambling and trading is the fastest way to loss our money if we are make some mistake. but for me, i think trading with skill base is not as gambling and we can still makes money for short term and long term so there is a good way for us to earn more profit from trading.
but gambling also can get more profits in the short term the difference indeed trading require skill base and gambling luck. trading as gambling game because both can equally be based on the calculation and analysis or based on mere luck


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March 28, 2017, 03:54:21 AM
 #1717

If you jump into trading without any knowledge and skills then there will be no difference between trading and gambling as in both cases you are depending only on luck to make profits which can be really risky so its always good to get into trading only after learning and gaining some knowledge about the market.

Yeah that's acceptable to consider that you are actually wasting your bitcoin and as well as your time, the same thing with gambling. As we gamble, we tend to aim for profit no matter how does the game goes if you lack of those things then in the end you are just doing the same thing.
If we think for those things which you mentioned then yes at that point we come together in gambling and trading. If a person will have knowledge and skills then there is no any risk in trading the same also happen in betting for sports in which if we have knowledge about the team and sports then we will win depending on our skills and experience.

If a person does have enough knowledge and skills with trading still there's a risk for it. We may not know that we are guaranteed to had good profit as we trade. As you mentioned with sports betting, look on it though we had exceptional prediction skills and analysis still we can't say that we have guarantee to earn a lot from it.

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March 28, 2017, 04:40:37 AM
 #1718

So far as trading involves risk I see it as gambling too even through the risk of losing out in trading is moderate compared to gambling games which can empty your pocket at an instance.

Trading can as well empty your pocket at an instance. I think the only difference here is the risk. Gambling can double or lose your money on a short period of time while in trading you can choose to take risk in a long period of time

Have you ever see someone lose everything while trading in an instance? Never . If you purchase altcoin at 0.001 / altcoin and the price drop down to 100 satoshi / altcoin then you are still getting some satoshi in your pocket. Gambling is completely different, you either win the amount you desire or lose everything
yes that is right but i think if the value of your alt coin will drop to such a low value its mean that it is going to become worthless and can turn as dead. and then there is no meaning if you keep it for a long time. no one will be ready to buy it from you. so it is more important to be very careful while choose a coin for trading.

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March 28, 2017, 05:26:29 AM
 #1719

If you jump into trading without any knowledge and skills then there will be no difference between trading and gambling as in both cases you are depending only on luck to make profits which can be really risky so its always good to get into trading only after learning and gaining some knowledge about the market.

Yeah that's acceptable to consider that you are actually wasting your bitcoin and as well as your time, the same thing with gambling. As we gamble, we tend to aim for profit no matter how does the game goes if you lack of those things then in the end you are just doing the same thing.
If we think for those things which you mentioned then yes at that point we come together in gambling and trading. If a person will have knowledge and skills then there is no any risk in trading the same also happen in betting for sports in which if we have knowledge about the team and sports then we will win depending on our skills and experience.

If a person does have enough knowledge and skills with trading still there's a risk for it. We may not know that we are guaranteed to had good profit as we trade. As you mentioned with sports betting, look on it though we had exceptional prediction skills and analysis still we can't say that we have guarantee to earn a lot from it.
as long as you put your money on certain event you could always consider it as gambling , that's my opinion. in trading a lot of people believe that the market are really predictable if you do a lot of research based on many factors , then it wasn't uncertain as it closer to predictable with its analysis/research . but when you trading with zero knowledge and zero effort to do research you may have to consider it as gambling.

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March 28, 2017, 05:30:12 AM
 #1720

Nope not at all. Trading is alike business. If you know the market you can make money doing business, same goes for trading. if you know the market and see the past analysis trading can bring you money. And gambling is whole different in this case. Business and gambling is not same, So trading is not same as well

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