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Author Topic: Do you consider trading as gambling?  (Read 45438 times)
milewilda
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July 08, 2017, 02:11:37 PM
 #1901

I agree, we need to have knowledge in trading because if not trading is also like gambling that you bet your money with no assurance, but if you have enough knowledge in trading it is better to trade than to gamble. But Gambling and trading is not the same they are still deifferent of the two, it is depend on a person on how they will consider trading and gambling.

It is not really knowledge because all you need to have is just some rumours of what the pump will be, It is based on speculation because that is all that happens behind the scene of altcoin trading. In conclusion it is pretty much the same as gambling unless that you are 'playing' with speculator instead of the house

Then if you don't have knowledge about those rumors wheter its true or not do you think you can earn with it? I think no since some of the said rumors are just made by those holders and most provably you will lose you money if you fall for there trap so thats why we need some knowledge so that we can escape it if things becoming worst for some certain fuds around.
Yes, we need some knowledge in trading because if not we will have any idea of when we will going to buy or sell, we need to check every single day of how was happening in trading when it is going up or down, if we don't have knowledge how can have rumors? We need to be careful because it is money involve here so why don't we need knowledge? And we cannot consider trading as a gambling because they are different.
Yes, we can somehow compared trading as a gambling and as you said if you are not trading well lets say you dont really have idea on whats going to trade and which one would you buy then you are totally gambling your money to earn money because you dont have basis on doing such action on doing trading we really need to analyze every coin that we bought and the critical part is when to sell and when to buy out.

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July 08, 2017, 05:01:35 PM
 #1902

What is gambling? It's almost fun And a waste of money. If a person is engaged in trade, Yes it is a purposeful direction of the basis to make money. It turns out that these are actually two opposite things.

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July 08, 2017, 05:52:14 PM
 #1903

If you just buy a coin and hold and get really good profit you can't call it gambling as you got the profit just by holding it. Gambling in trading is pumping a coin to a really high price in a short period and then selling it which leads to a dump. Earning profit or loss with this way doesn't matter it is considered as gambling

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July 08, 2017, 06:39:12 PM
 #1904

Nah, I mostly avoid doing that when trading because with that, I lowered the possibility of success in trading which is better than randomly gambling if you know what you want out of it and trading with professionalism can be more profitable IMO, also Option trading for example is gambling, considering no one can predict the exact direction of movement in a short time of 60 seconds or so.
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July 08, 2017, 06:45:30 PM
 #1905

If you just buy a coin and hold and get really good profit you can't call it gambling as you got the profit just by holding it. Gambling in trading is pumping a coin to a really high price in a short period and then selling it which leads to a dump. Earning profit or loss with this way doesn't matter it is considered as gambling
True, but buying and holding coin for long time is investment, not trading.
Pumping and dumping coin is not gambling, people who are behind big pumps and dumps know what they are doing, and buying coin when it is in bubble is stupidity not gambling.

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July 09, 2017, 08:31:29 PM
 #1906

I definitely think that trading is a form of gambling since you are running the risk of losing your funds .
But it sure ain't that much of risk cause you won't lose everything since unlike gambling , trading isn't fully based on luck ,knowledge is very important in this field ,patience is too.
Waiting and knowing when to sell or buy is very important while when gambling you become impatient and can lose everything in no time .

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July 10, 2017, 05:12:31 AM
 #1907

I definitely think that trading is a form of gambling since you are running the risk of losing your funds .
But it sure ain't that much of risk cause you won't lose everything since unlike gambling , trading isn't fully based on luck ,knowledge is very important in this field ,patience is too.
Waiting and knowing when to sell or buy is very important while when gambling you become impatient and can lose everything in no time .
Gambling either because there are skilled based games where you need to have a skill in order to win, you might be referring to luck based games only, well FYI not all games in gambling solely needs luck to win. In trading luck is a big factor to success as well but we simply cannot consider that to be part of our strategy to be successful because it cannot be accounted and manage, it will just come and go.

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July 10, 2017, 06:00:00 AM
 #1908

I definitely think that trading is a form of gambling since you are running the risk of losing your funds .
But it sure ain't that much of risk cause you won't lose everything since unlike gambling , trading isn't fully based on luck ,knowledge is very important in this field ,patience is too.
Waiting and knowing when to sell or buy is very important while when gambling you become impatient and can lose everything in no time .
I think you are right. Trading is gambling. Because in both way people will need to put a risk . Both needed to put an investment and i think skills are needed in both way. We need to be skilled in order for us to get the price that we needed. And also luck. Sometimes we are being wrong on the coins or the game that we are playing so luck will save us.

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July 10, 2017, 07:03:11 AM
 #1909

I definitely think that trading is a form of gambling since you are running the risk of losing your funds .
But it sure ain't that much of risk cause you won't lose everything since unlike gambling , trading isn't fully based on luck ,knowledge is very important in this field ,patience is too.
Waiting and knowing when to sell or buy is very important while when gambling you become impatient and can lose everything in no time .
I think you are right. Trading is gambling. Because in both way people will need to put a risk . Both needed to put an investment and i think skills are needed in both way. We need to be skilled in order for us to get the price that we needed. And also luck. Sometimes we are being wrong on the coins or the game that we are playing so luck will save us.
But this kind of gambling can make us millionaire someday if we will be able to master trading, I've been training hard and I also learn
from my experience because nowadays it's not possible to make money in trading especially in crypto world.
The information that we can read online for free will be able to help us if we will bother to read.

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July 10, 2017, 09:48:43 AM
 #1910

I definitely think that trading is a form of gambling since you are running the risk of losing your funds .
But it sure ain't that much of risk cause you won't lose everything since unlike gambling , trading isn't fully based on luck ,knowledge is very important in this field ,patience is too.
Waiting and knowing when to sell or buy is very important while when gambling you become impatient and can lose everything in no time .
I think you are right. Trading is gambling. Because in both way people will need to put a risk . Both needed to put an investment and i think skills are needed in both way. We need to be skilled in order for us to get the price that we needed. And also luck. Sometimes we are being wrong on the coins or the game that we are playing so luck will save us.
But this kind of gambling can make us millionaire someday if we will be able to master trading, I've been training hard and I also learn
from my experience because nowadays it's not possible to make money in trading especially in crypto world.
The information that we can read online for free will be able to help us if we will bother to read.

Personally, I think both are very much similar. Risk is same in both, I guess trading is better than gambling. We can have some strategy in trading but nothing will work I'm gambling if you're unlucky.

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July 10, 2017, 12:09:16 PM
 #1911

I definitely think that trading is a form of gambling since you are running the risk of losing your funds .
But it sure ain't that much of risk cause you won't lose everything since unlike gambling , trading isn't fully based on luck ,knowledge is very important in this field ,patience is too.
Waiting and knowing when to sell or buy is very important while when gambling you become impatient and can lose everything in no time .
I think you are right. Trading is gambling. Because in both way people will need to put a risk . Both needed to put an investment and i think skills are needed in both way. We need to be skilled in order for us to get the price that we needed. And also luck. Sometimes we are being wrong on the coins or the game that we are playing so luck will save us.
But this kind of gambling can make us millionaire someday if we will be able to master trading, I've been training hard and I also learn
from my experience because nowadays it's not possible to make money in trading especially in crypto world.
The information that we can read online for free will be able to help us if we will bother to read.

Personally, I think both are very much similar. Risk is same in both, I guess trading is better than gambling. We can have some strategy in trading but nothing will work I'm gambling if you're unlucky.

No it depends on the mentality and mindset of the individual gambler, they are both risky but trading has control measures that if properly set can guard you from loosing in an instance but with gambling you can loose everything in a short time. A disciplined gambler can turn his gambling into trading by sticking to a particular game plan and bankroll irrespective of the outcome of previous games.



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July 28, 2017, 07:00:50 AM
 #1912

I considered trading as gambling because you are risking money but the different you are doing some research before doing trading. If you lose in trading maybe you will lose a little portion of your money if you hold it before you sell it again in high price.

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July 28, 2017, 08:42:21 AM
 #1913

I considered trading as gambling because you are risking money but the different you are doing some research before doing trading. If you lose in trading maybe you will lose a little portion of your money if you hold it before you sell it again in high price.
that was rigth it is considered as gambling in speaking of risking your money.but speaking of profit it has an assurance that if you dont get profit on it.there will be a small return on your money .unlike   in gambling if you loss everything will be lost.that was really a reality in gambling.i believe that through trading we can gain profit.and in gambling i dont know if we can gain .because gamble is a game of luck  and prediction nobody know who will be goin to loss and who will be going to win.

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July 28, 2017, 08:43:57 AM
 #1914

I consider trading as a risky activity and not as gambling.
It mainly depends how you chooses what trades to do.
If it is not based on feelings and it based on information and research, then you are not gambling.

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July 28, 2017, 08:59:45 AM
 #1915

Trade and gambling have risks, but in trading you can analyze the course of events and make a profit, and in gambling only on sports betting is appropriate analysis.

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July 28, 2017, 09:05:09 AM
 #1916

Trading is very far from Gambling, but it both have involve money. In trading you can analyze what will happen to the coins you're buying. In gambling so hard to predict when you can win or maybe not.

For me, trading is very low risk (Please don't panic sell Cheesy) and gambling is a high risk one.
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July 28, 2017, 10:17:04 AM
 #1917

Trading is very far from Gambling, but it both have involve money. In trading you can analyze what will happen to the coins you're buying. In gambling so hard to predict when you can win or maybe not.

For me, trading is very low risk (Please don't panic sell Cheesy) and gambling is a high risk one.
You are wrong mate in trading it is hard to guess how the coin price will increase and decrease. But this is safe if you have patience and wait until you get a good price to sell your coins. But gambling is not like that we can guess the game result based on our experience but sometimes our bad luck we will get unexpected results. Both have a risk, but both are not same.

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July 28, 2017, 10:30:52 AM
 #1918

Trading is very far from Gambling, but it both have involve money. In trading you can analyze what will happen to the coins you're buying. In gambling so hard to predict when you can win or maybe not.

For me, trading is very low risk (Please don't panic sell Cheesy) and gambling is a high risk one.

Trading can be considered as gambling and the reason is that in trading you have enough knowledge and experience to earn some profit and the risk in trading is usually low but you have to wait for some time to earn a reasonable profit while on the other hand gambling is all about luck because you never know what will happened and the chances of wining is 50% and risk of losing money is high.

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Warry
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July 28, 2017, 02:06:37 PM
 #1919

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
No, gambling it's basically "random", all you need is a normal strategy with some luck but trading needs more than that, some strategy, some information about coins/ markets, etc. It's more difficult than gambling.
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July 28, 2017, 02:17:01 PM
 #1920

Trade and gambling have risks, but in trading you can analyze the course of events and make a profit, and in gambling only on sports betting is appropriate analysis.

Everything in this world has risks, no exception with trading and gambling. Trading can be considered as gambling if the person who did it don't have adequate ability to analyze market and lack of supporting data. He's trading based on his feeling only.

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