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Author Topic: Do you consider trading as gambling?  (Read 46523 times)
camelson
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March 28, 2017, 05:34:22 AM
 #1721

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.
Trading is not a gambling in a sense that person can only lose some part of investment but in gambling chances of losing money become double. Trading required experience and if you have enough experience than you will have your invested money back with some profit while in case of gambling only luck matter, if you are lucky enough than you will win or lose your money.
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March 28, 2017, 05:51:57 AM
 #1722

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
you are right but still you can surely say that trading and gambling both are not same or identical thing because I myself feeling​ in my life that trading is also like a gambling .
Since the results in the Gambling are speeder but in the  trading usually the results takes more time to give profit and sometimes got results into loss Because of remove of that altcoin from the exchange due to inactivity of trade .
So this is like a gambling also but if we did trading in better way then I don't think we will get any big loss like gambling .


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March 28, 2017, 06:08:22 AM
 #1723

Trading is considered to be a gamble but the risk involved cannot be considered the same as risk in  gambling.  It is a gamble in a sense that you put an amount of money to it and picking a stock that you think will increase in price.  In this point we are taking the gamble of either losing the investment or getting a profit from it.  With the controlled risk, this difinitely make trading different from gambling games.  So no, they are not the same.

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March 28, 2017, 10:24:41 PM
 #1724

Trading is considered to be a gamble but the risk involved cannot be considered the same as risk in  gambling.  It is a gamble in a sense that you put an amount of money to it and picking a stock that you think will increase in price.  In this point we are taking the gamble of either losing the investment or getting a profit from it.  With the controlled risk, this difinitely make trading different from gambling games.  So no, they are not the same.

You are wrong! This is not about money, but about skills! When we take a poker player with very high skills, he will do nothing with altcoin trading, and this same will happen with altcoin trader when he will start playing poker!
Everyone must find their place and use their skills in the right way!

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March 28, 2017, 11:34:24 PM
 #1725

Trading is considered to be a gamble but the risk involved cannot be considered the same as risk in  gambling.  It is a gamble in a sense that you put an amount of money to it and picking a stock that you think will increase in price.  In this point we are taking the gamble of either losing the investment or getting a profit from it.  With the controlled risk, this difinitely make trading different from gambling games.  So no, they are not the same.

You are wrong! This is not about money, but about skills! When we take a poker player with very high skills, he will do nothing with altcoin trading, and this same will happen with altcoin trader when he will start playing poker!
Everyone must find their place and use their skills in the right way!

in trading and gambling, both needs skill to do the best thing and we can make money from both activity. but the only thing that we need to know is the risk is not the same and in gambling there will be high risk that we can face it if we are loss. in trading, we can get loss too but in the other time, we have another value from our trading which is the coin can get increase in the price.

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March 28, 2017, 11:49:32 PM
 #1726

Trading is considered to be a gamble but the risk involved cannot be considered the same as risk in  gambling.  It is a gamble in a sense that you put an amount of money to it and picking a stock that you think will increase in price.  In this point we are taking the gamble of either losing the investment or getting a profit from it.  With the controlled risk, this difinitely make trading different from gambling games.  So no, they are not the same.

You are wrong! This is not about money, but about skills! When we take a poker player with very high skills, he will do nothing with altcoin trading, and this same will happen with altcoin trader when he will start playing poker!
Everyone must find their place and use their skills in the right way!

I think you are the wrong guy here, he said it in a sense that he has a point, though we have different points and kind of thinking,  we have our own idea about this. I guess saying this is not about money is wrong, if you are not trading and gambling why are you doing it? Yes I do gambling for fun and things but I also hope I win some. Even trading aims to have a profit from it that is why it is about money.

Skills are needed to gamble and to trade, but it is not all about it.

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March 29, 2017, 03:46:57 AM
 #1727

Trading is considered to be a gamble but the risk involved cannot be considered the same as risk in  gambling.  It is a gamble in a sense that you put an amount of money to it and picking a stock that you think will increase in price.  In this point we are taking the gamble of either losing the investment or getting a profit from it.  With the controlled risk, this difinitely make trading different from gambling games.  So no, they are not the same.
The risk is only those who manage it, there are people who are good in managing risks in gambling and they are successful and there are also people who are not successful in trading. Your skills will determine your destiny so we cannot conclude which two are more risky and which one will guarantee profit. They are different from each other but for me trading is solely for income purposes while gambling could be for fun.

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March 29, 2017, 04:55:29 AM
 #1728

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.
Trading is not a gambling in a sense that person can only lose some part of investment but in gambling chances of losing money become double. Trading required experience and if you have enough experience than you will have your invested money back with some profit while in case of gambling only luck matter, if you are lucky enough than you will win or lose your money.
If you believe on something like supertition or myth you might will always need luck on anything.
But if you want to be realistic then forget about luck or something like that.
And just stick on something visible such as you can maximize the winning chance in both trading or gambling by do some research, it is okay if you did not believe that certain gambling game can be analyzed , just the matter of different opinion.

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March 29, 2017, 05:45:23 AM
 #1729

This is very wrong thought of considering trading as gambling because what is gambling mostly luck either you in or lose thats it. But in trading stocks you require to have technical and fundamental strategy to pick up stocks along with international news about how it will effect your country market etc.

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March 29, 2017, 05:58:31 AM
 #1730

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.

Yeah it's actually a real nature of gambling for just letting go your funds and hopes to win without any knowledge about it. Well it's just up to the person on how he can see the market of trading if that is gambling. Cos' there are some that treats trading as a nature of playing the market and it's a legit way rather than gambling.

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March 29, 2017, 10:28:33 AM
 #1731

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
I don’t consider it as gambling because in trading they have chances that will lose money and make profit same as gambling but in trading the chances of losing money is low because first they need to learn and know to make sure a profit. In gambling to make a profit sometimes it’s all about pure luck. In btc trading is giving a time to ensure that can get a profit. Then in trading the conversion is not stable so need to a lot a time to convert in the right time.

       


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March 29, 2017, 11:07:08 AM
 #1732

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
I don’t consider it as gambling because in trading they have chances that will lose money and make profit same as gambling but in trading the chances of losing money is low because first they need to learn and know to make sure a profit. In gambling to make a profit sometimes it’s all about pure luck. In btc trading is giving a time to ensure that can get a profit. Then in trading the conversion is not stable so need to a lot a time to convert in the right time.


That's right in trading if we have good knowledge and good strategy then we can have opportunity to make profits and that is never possible in gambling as it is totally dependent on luck and most of the times you will be loosing your money in gambling.


 
 
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March 29, 2017, 11:36:07 AM
 #1733

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
I don’t consider it as gambling because in trading they have chances that will lose money and make profit same as gambling but in trading the chances of losing money is low because first they need to learn and know to make sure a profit. In gambling to make a profit sometimes it’s all about pure luck. In btc trading is giving a time to ensure that can get a profit. Then in trading the conversion is not stable so need to a lot a time to convert in the right time.


That's right in trading if we have good knowledge and good strategy then we can have opportunity to make profits and that is never possible in gambling as it is totally dependent on luck and most of the times you will be loosing your money in gambling.
Trading does not ensure profit, it's performance based and if you are good in trading you will be profitable and if not the opposite is your experience. We just trading compared to gambling because it's not luck based but skilled based and along the way there's a chance to grow if we work hard enough which we cannot achieve in gambling especially if you are too hook with luck based games which is very entertaining.

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March 29, 2017, 12:05:53 PM
 #1734

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
I don’t consider it as gambling because in trading they have chances that will lose money and make profit same as gambling but in trading the chances of losing money is low because first they need to learn and know to make sure a profit. In gambling to make a profit sometimes it’s all about pure luck. In btc trading is giving a time to ensure that can get a profit. Then in trading the conversion is not stable so need to a lot a time to convert in the right time.


That's right in trading if we have good knowledge and good strategy then we can have opportunity to make profits and that is never possible in gambling as it is totally dependent on luck and most of the times you will be loosing your money in gambling.
Trading does not ensure profit, it's performance based and if you are good in trading you will be profitable and if not the opposite is your experience. We just trading compared to gambling because it's not luck based but skilled based and along the way there's a chance to grow if we work hard enough which we cannot achieve in gambling especially if you are too hook with luck based games which is very entertaining.
It is really performance based and doing trading cant really be easily taken for granted and it does need time to learn it and once you got the formula you had on trading then you will somehow assure yourself on making money out of it on long term compare on gambling which i cant see any chance on making money on constant basis which we can achieve in doing trading.

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March 29, 2017, 12:13:03 PM
 #1735

I would only consider it as a gambling if they are just trading without analyzing anything,
I mean they are just like buying something without knowing its potential and for me they are just depending on a luck that its value would increase.
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March 29, 2017, 12:20:40 PM
 #1736

I would only consider it as a gambling if they are just trading without analyzing anything,
I mean they are just like buying something without knowing its potential and for me they are just depending on a luck that its value would increase.

Yeah if you don't have any knowledge of trading and if you are investing in it then you are gambling with your money as you will depend only on luck to make profits and that is not possible every time and if you don't have any knowledge of trading then its better to stay away from it.


 
 
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March 29, 2017, 12:46:46 PM
 #1737

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.

Yeah it's actually a real nature of gambling for just letting go your funds and hopes to win without any knowledge about it. Well it's just up to the person on how he can see the market of trading if that is gambling. Cos' there are some that treats trading as a nature of playing the market and it's a legit way rather than gambling.
that's true , when you just throw your money and hoping for additional money without have a little work in it , then it's completely gambling. when you trade just buy here and there without care on anything then it's completely gambling. trading are game of money indeed , but doesnt mean it's always gambling right? you should trade in proper way then you are pure trading not half gambling or even completely trade feel like gambling.

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March 29, 2017, 01:56:08 PM
 #1738

I would only consider it as a gambling if they are just trading without analyzing anything,
I mean they are just like buying something without knowing its potential and for me they are just depending on a luck that its value would increase.

Yeah if you don't have any knowledge of trading and if you are investing in it then you are gambling with your money as you will depend only on luck to make profits and that is not possible every time and if you don't have any knowledge of trading then its better to stay away from it.
Even though you analyze it or not it will consider as gamble because you put your money on risk buy simply buying other currency. Because you can't guarantee that your analysis will give you exact result that's why at the end you will still have a chance to lose and that was gambling.

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March 29, 2017, 08:01:29 PM
 #1739

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.
That's a very dangerous move, I guess we can barely see that kind of people who's into trading that does not understand that assets they are trading.
It's different in gambling because even if you will not do enough research as long as you enjoy the game you'll probably last without minding your
loses.
It is hard to see how one can enjoy a game he knows little about and even more difficult to imagine how they can last in the game. What actually give player a chance to stand up to the game is the level of understanding of how the game works and that is what that brings out the fun.

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March 30, 2017, 01:09:13 AM
 #1740

Gambling and trading are the same thing, with just one single difference, gambling you put your money at risk and you can win or loose, while at trading you do expose your money at a high risk as well, but you are able to limit your orders and control your winnings as well your loss.
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