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Author Topic: Do you consider trading as gambling?  (Read 45386 times)
Mike Mayor
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April 03, 2017, 11:41:22 PM
 #1801

Trading can never be like gambling. Gambling if you keep going to will lose. Trading if you keep going you will learn and maybe lose but never lose all. With trading you may think you lose but later the price will hike and you win. Gambling there is no second chance. Trading needs skill and patience. Gambling is luck only.

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April 04, 2017, 01:47:27 AM
 #1802

I think gambling and trading, trading requires ability and expertise in understanding the objects that we will trade, but gambling relies heavily with luck.
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April 04, 2017, 03:02:21 AM
 #1803

I think gambling and trading, trading requires ability and expertise in understanding the objects that we will trade, but gambling relies heavily with luck.

As said more or less both have small relation in terms of the risk involved though we are lucky. Gambling needs strategy making skills in relation to the event to earn whereas trading needs expertise knowledge on the price movement prediction. On a whole luck decides who needs to earn an who needs to loss.



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April 04, 2017, 03:05:18 AM
 #1804

I think gambling and trading, trading requires ability and expertise in understanding the objects that we will trade, but gambling relies heavily with luck.

As said more or less both have small relation in terms of the risk involved though we are lucky. Gambling needs strategy making skills in relation to the event to earn whereas trading needs expertise knowledge on the price movement prediction. On a whole luck decides who needs to earn an who needs to loss.
relatively correct both have risk involvement and its up to the traders/gamblers how managing it, the only thing is with trading there's a lots of aspect that you can consider to choose better project unlike to gambling you will just have to rely with your luck and wait if bets will win.


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April 04, 2017, 03:06:20 AM
 #1805

I do say it is a gamble.
Because anything to do with risk is considered what you are taking part of as gambling.

Big dom the donkey destroyer.
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April 04, 2017, 03:07:35 AM
 #1806

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

With fast money as a possibility and a major loss also a possibility, it triggers the gambler in me for sure.

With discipline, huge profit can be made.  Discipline has never been my strong suit.

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April 04, 2017, 03:30:25 AM
 #1807

I think gambling and trading, trading requires ability and expertise in understanding the objects that we will trade, but gambling relies heavily with luck.

Gambling and trading can both be related to mathematics.   Gambling isnt always purely luck, its not just random with no further thought.  A whole branch of maths is there to deal with probability and statistical analysis.  I know this because I studied it for two years and gambling can relate to studied practise as much as a normal kind of trade.

Its even possible for a gamble to be more probable in profit then a trade.    This says just how bad some trading is, you should not engage with bad risks like that.  The gambling is usually giving high risk odds but also the ability to double money, thats why its hard to judge.  Some trades are just bad on both sides, high risk and really not high returns.    Pure luck I dont really believe in, you can always calculate some possible outcome.  Some spend their whole lives, whole careers even deducing risk and probable outcome



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April 04, 2017, 03:57:21 AM
 #1808

I think gambling and trading, trading requires ability and expertise in understanding the objects that we will trade, but gambling relies heavily with luck.

Correct and I do agree with you here. Though both you can win or lose, but gambling is more addicting in my opinion. It requires more deeper analysis if you are serious enough along with trading. But in trading you can learn from pattern, trending, and so much technical analysis where you can minimize your loses.Trading is like participated by many players and affected  by news and some speculation.

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April 04, 2017, 01:25:58 PM
 #1809

Trading can never be like gambling. Gambling if you keep going to will lose. Trading if you keep going you will learn and maybe lose but never lose all. With trading you may think you lose but later the price will hike and you win. Gambling there is no second chance. Trading needs skill and patience. Gambling is luck only.

Very well said, because gambling can't be like trading and the other way around. Yeah, it is fun in doing gambling than doing trading especially when we are just going gambling for pastime, and because Trading is not easy to understand in the first time unlike gambling, that is why most of us are doing gambling rather than Trading.

Others excuses are you could make a lot of money in an easy way on gambling rather than Trading. Yes, I agree with this, but as long as you are winning, but how about if you are losing, I know that is happening most of the time when we are doing gambling while in Trading, the only situation which we could lose profit is when we are not going to think first what Altcoins are we going to buy to use in trading and if we don't know when to sell and buy Altcoins.

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April 05, 2017, 01:31:26 PM
 #1810

Trading can never be like gambling. Gambling if you keep going to will lose. Trading if you keep going you will learn and maybe lose but never lose all. With trading you may think you lose but later the price will hike and you win. Gambling there is no second chance. Trading needs skill and patience. Gambling is luck only.
if you talking about trading on cryptocurrency then i guess you are wrong , there a lot of scamcoin traded in difference exchanges , you have a high chance to lost it all just like gambling , but when talking about trading in general , you might have sevaral good point.

people just think more proud called as trader rather than a gambler right? that is the contrast difference.

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April 05, 2017, 02:15:16 PM
 #1811

Trading can never be like gambling. Gambling if you keep going to will lose. Trading if you keep going you will learn and maybe lose but never lose all. With trading you may think you lose but later the price will hike and you win. Gambling there is no second chance. Trading needs skill and patience. Gambling is luck only.
if you talking about trading on cryptocurrency then i guess you are wrong , there a lot of scamcoin traded in difference exchanges , you have a high chance to lost it all just like gambling , but when talking about trading in general , you might have sevaral good point.

people just think more proud called as trader rather than a gambler right? that is the contrast difference.

i think before we want to buy a coin, we need to choose with the right coin and i don't think that this is a gambling too because when we decide to buy the coins, we need to make analyze and we need to decide the price we buy and sell. i think trading is more profitable than gambling if we are know how to trade and how to analyze the coins.

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April 05, 2017, 02:28:37 PM
 #1812

Trading can never be like gambling. Gambling if you keep going to will lose. Trading if you keep going you will learn and maybe lose but never lose all. With trading you may think you lose but later the price will hike and you win. Gambling there is no second chance. Trading needs skill and patience. Gambling is luck only.
if you talking about trading on cryptocurrency then i guess you are wrong , there a lot of scamcoin traded in difference exchanges , you have a high chance to lost it all just like gambling , but when talking about trading in general , you might have sevaral good point.

people just think more proud called as trader rather than a gambler right? that is the contrast difference.

i never understand what coin people call scamcoin! there are too many weird terms that people use these days about different coins that it is hard to keep up.

i personally don't see anything scammy in any of the altcoins. there is a terrible code for 99% of them which they call coin and then they pump and dump it, and we all know this and those who can see the signs of pump before it happening make profit and others don't.

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cinchin
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April 05, 2017, 02:31:27 PM
 #1813

- Gambling and trading have many similarities, and we can consider trading as gambling because gambling takes the player's money and pays the other player, while trading is the player earning money from the player. The two forms are very similar and differ only in the way they work.
- However, gambling is too dependent on luck, trading is dependent on skill and experience. In trading we will face another trader and we can win but in gambling we will face the house and they can cheat, it is difficult to win
daringdiscovered
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April 05, 2017, 04:33:20 PM
 #1814

Trading can never be like gambling. Gambling if you keep going to will lose. Trading if you keep going you will learn and maybe lose but never lose all. With trading you may think you lose but later the price will hike and you win. Gambling there is no second chance. Trading needs skill and patience. Gambling is luck only.
if you talking about trading on cryptocurrency then i guess you are wrong , there a lot of scamcoin traded in difference exchanges , you have a high chance to lost it all just like gambling , but when talking about trading in general , you might have sevaral good point.

people just think more proud called as trader rather than a gambler right? that is the contrast difference.

i never understand what coin people call scamcoin! there are too many weird terms that people use these days about different coins that it is hard to keep up.

i personally don't see anything scammy in any of the altcoins. there is a terrible code for 99% of them which they call coin and then they pump and dump it, and we all know this and those who can see the signs of pump before it happening make profit and others don't.

The Scam coins that they are saying here are those Altcoins that they bought but ended up a scam, and I guess that it is okay to be called it that way because that is how it should be called since we didn't think that it could be a scam, and the others called it Shit coin (Sorry for the word). Yeah there is no scammy about these Altcoins in every exchanger, but sometimes, the new Altcoin which we thought that is going to be a good investment turns out to be the opposite, and it is a little complicated to predict on when we are going to buy and sell Altcoins.

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Victorycoin
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April 06, 2017, 11:32:07 AM
 #1815

..Gambling there is no second chance..
Such a one way street, that is why you don't move on this road the way you would on other roads. Second chance is a healthy thing to look forward to, because first chance can so easily be messed up and if there are no second chance or provision for it, then it is hard life. Think that is why people should not look beyond the saying that gambling is a form of entertainment,. when we're out for money making, then trading should be it.

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micher143
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April 06, 2017, 11:48:14 AM
 #1816

Yes in some way because in gambling you only have a luck to win but in trading strategy, knowledge and luck to win the trading, But if the strategy and knowledge is lessen then it will be a gamble, How? For example if you are trading blind means you are trading with a not well known coin then you are blind trading the luck is the only way to win that trade.


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joeydangerous
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April 06, 2017, 12:54:22 PM
 #1817

Nah, trading requires a bunch of skill and gambling doesn't.

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April 06, 2017, 01:11:46 PM
 #1818

Trading can never be like gambling. Gambling if you keep going to will lose. Trading if you keep going you will learn and maybe lose but never lose all. With trading you may think you lose but later the price will hike and you win. Gambling there is no second chance. Trading needs skill and patience. Gambling is luck only.

Ahhah, gambling and trading correct indeed have differences. But I am sure trading can still give losses to traders who are already professionals. because it is gambling and trading have in common which is always present, namely a chance which is not certain, Although trading is much more dominate for can benefit. But both are equally detrimental. One thing to do is always updated about the science, if you can follow the latest science then I'm sure you can get huge profit in a short time
 


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erickkyut
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April 07, 2017, 11:31:59 AM
 #1819

In my own opinion, trading is also gambling. The only difference is that in trading, you are not directly gambling. But the fact that when you trade, you don't know if it's value will be high or low. You are taking the risk. That's why for me, you are gambling when you are trading.



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April 07, 2017, 11:55:51 AM
 #1820

If we look at the nature of trading it works in similar ways as gambling. In both you put some money in scope of making more out of that and you don't have any control or influence on the outcome. I consider them same and don't make difference between them though many people take them separate and don't agree with my opinion.

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