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Author Topic: Do you consider trading as gambling?  (Read 45433 times)
warwar
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August 17, 2016, 11:00:25 AM
 #661

Trading with good analysis, speculation or good experience is partially trading, but trading with pure luck or no experience is pure gambling
Then what is "complete" trading?
But I agree, when you are allowing your luck to play a role in your trading then your trading will change into the mode of gambling. But most of the time, the highly volatile commodity trading are simply equavalent into gambling. Because most of the traders are going only with the 50% of their skill and experience and for the remaining they are depending on their luck.

thats true, trading is really risky even for the professionals so if you dont want losing your bitcoins then just dont do any trading i guess as it is like gambling
Trading is better but it has risk and even investment is risky also. For a person to earn money he also needs to risk and not just risking but also need to exert effort to study the investment he wants to venture. Meanwhile, trading can be learn and you can improve your skills but gambling cannot because its shady.
Trading and gambling has a common similarity as high risk to lose your capital and both could be won by knowledge, experiences, skill and wisely choose what kind of gambling you want to play. I agree that trading without knowledge, experiences, skill and just depend on lucky guess is a gambling.
no i am not agree with you. gambling do no need any specific skill or knowledge just need to know how to play, and totally depending on luck, but in trading you must know about the market about the value and you must have so specific knowledge and skill through which you can overcome the other and cam inspire the buyer.

I agree with you dude! Gambling takes a lot of luck and the trading takes a lot of knowledge or skills and prediction about the market value of a coin. Base on my experience in gambling tho i know how to play it, try to predict it but i dont have a luck then i keep on loosing same on trading i dont know how to trade predict buy/sell a coins so ill end up loosing my money. So trading is not like gambling

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August 17, 2016, 11:19:11 AM
 #662

Trading with good analysis, speculation or good experience is partially trading, but trading with pure luck or no experience is pure gambling
Then what is "complete" trading?
But I agree, when you are allowing your luck to play a role in your trading then your trading will change into the mode of gambling. But most of the time, the highly volatile commodity trading are simply equavalent into gambling. Because most of the traders are going only with the 50% of their skill and experience and for the remaining they are depending on their luck.

thats true, trading is really risky even for the professionals so if you dont want losing your bitcoins then just dont do any trading i guess as it is like gambling
Trading is better but it has risk and even investment is risky also. For a person to earn money he also needs to risk and not just risking but also need to exert effort to study the investment he wants to venture. Meanwhile, trading can be learn and you can improve your skills but gambling cannot because its shady.
Trading and gambling has a common similarity as high risk to lose your capital and both could be won by knowledge, experiences, skill and wisely choose what kind of gambling you want to play. I agree that trading without knowledge, experiences, skill and just depend on lucky guess is a gambling.
no i am not agree with you. gambling do no need any specific skill or knowledge just need to know how to play, and totally depending on luck, but in trading you must know about the market about the value and you must have so specific knowledge and skill through which you can overcome the other and cam inspire the buyer.

I agree with you dude! Gambling takes a lot of luck and the trading takes a lot of knowledge or skills and prediction about the market value of a coin. Base on my experience in gambling tho i know how to play it, try to predict it but i dont have a luck then i keep on loosing same on trading i dont know how to trade predict buy/sell a coins so ill end up loosing my money. So trading is not like gambling

Yup, to those who say trading is a gambling is because they have no knowledge what are they trading. So they feel that it is as risky as gamble. But this is where it differentiate the professional trader and noob trader. A professional trader will even research and find out more information of the company that they plan to invest. In this way, investment will be less risky and is bounded to make more money.

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August 17, 2016, 11:26:07 AM
 #663

trading is very different from gambling. trading more on how we determine the right time to buy and sell bitcoin.
while gambling is a game that staked the final result obtained. Trading more gives us time to think longer.
it is not the right thing make trading and gambling different .

you think in sportsbetting you can not think longer to decide which one you want to bet? of course you can , the thing make both different are on the outcome process , in trading the outcome process caused by demand and supply while in gambling caused by random things.

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August 17, 2016, 11:29:27 AM
 #664

Well, gambling and trading are pretty similar, but not really the exact same. In gambling, you bet on an income and if you lose, you lose all of your money you put on a bet. And it is pretty addictive and causes big losses. Trading is not addictive and if you lose, you lose the difference, not all your money you invested. So, trading is much safer and a better way to earn money than gambling.



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August 17, 2016, 01:47:29 PM
 #665

Well, gambling and trading are pretty similar, but not really the exact same. In gambling, you bet on an income and if you lose, you lose all of your money you put on a bet. And it is pretty addictive and causes big losses. Trading is not addictive and if you lose, you lose the difference, not all your money you invested. So, trading is much safer and a better way to earn money than gambling.

with trading we can get change into other coins and yes maybe it will decrease or increase your money but sometimes if there is a pump, you will be make more money than you buy at first. and for gambling, we you gamble, you don't have option when you lost your money, its all gone. nothing left for you.

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August 17, 2016, 03:20:18 PM
 #666

Well, gambling and trading are pretty similar, but not really the exact same. In gambling, you bet on an income and if you lose, you lose all of your money you put on a bet. And it is pretty addictive and causes big losses. Trading is not addictive and if you lose, you lose the difference, not all your money you invested. So, trading is much safer and a better way to earn money than gambling.

with trading we can get change into other coins and yes maybe it will decrease or increase your money but sometimes if there is a pump, you will be make more money than you buy at first. and for gambling, we you gamble, you don't have option when you lost your money, its all gone. nothing left for you.

Very precise, that gambling is far more horrible than trading. But I think it also depends on each person's thoughts or plans, if they have a plan and a unified mindset or complement each other then I'm sure they'll get a fortune and will do so again in the future



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August 17, 2016, 04:07:25 PM
 #667

Well, gambling and trading are pretty similar, but not really the exact same. In gambling, you bet on an income and if you lose, you lose all of your money you put on a bet. And it is pretty addictive and causes big losses. Trading is not addictive and if you lose, you lose the difference, not all your money you invested. So, trading is much safer and a better way to earn money than gambling.

with trading we can get change into other coins and yes maybe it will decrease or increase your money but sometimes if there is a pump, you will be make more money than you buy at first. and for gambling, we you gamble, you don't have option when you lost your money, its all gone. nothing left for you.

Very precise, that gambling is far more horrible than trading. But I think it also depends on each person's thoughts or plans, if they have a plan and a unified mindset or complement each other then I'm sure they'll get a fortune and will do so again in the future
yes indeed mate it really depend on how the person thinks about it, it is a matter of switching points of view whether you are gambling your money in a trade or in a casino but if the purpose is to gain more and stable i think i can say that trading is like gambling too, the more opportunity to gain the more bet or trade you will place on it.

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August 17, 2016, 06:22:25 PM
 #668

The outcome of gambling is totally random, the outcome of investing as a certain non random aspect to it, where you can strategically put and withdraw money from different assets. Its very different from pure gamble in the casino.

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August 17, 2016, 06:57:42 PM
 #669

Well, gambling and trading are pretty similar, but not really the exact same. In gambling, you bet on an income and if you lose, you lose all of your money you put on a bet. And it is pretty addictive and causes big losses. Trading is not addictive and if you lose, you lose the difference, not all your money you invested. So, trading is much safer and a better way to earn money than gambling.

with trading we can get change into other coins and yes maybe it will decrease or increase your money but sometimes if there is a pump, you will be make more money than you buy at first. and for gambling, we you gamble, you don't have option when you lost your money, its all gone. nothing left for you.
Trading is generally easier to predict than that of gambling. Just as long as you have the proper information in trading, then you are sure to make profits. In gambling, it is more likely of chance to win it big. No information are handy in gambling other than for sport betting. But in sport betting too, if your luck will not help then the information you have got, may go wrong.
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August 17, 2016, 07:28:35 PM
 #670

Well, gambling and trading are pretty similar, but not really the exact same. In gambling, you bet on an income and if you lose, you lose all of your money you put on a bet. And it is pretty addictive and causes big losses. Trading is not addictive and if you lose, you lose the difference, not all your money you invested. So, trading is much safer and a better way to earn money than gambling.

with trading we can get change into other coins and yes maybe it will decrease or increase your money but sometimes if there is a pump, you will be make more money than you buy at first. and for gambling, we you gamble, you don't have option when you lost your money, its all gone. nothing left for you.
Trading is generally easier to predict than that of gambling. Just as long as you have the proper information in trading, then you are sure to make profits. In gambling, it is more likely of chance to win it big. No information are handy in gambling other than for sport betting. But in sport betting too, if your luck will not help then the information you have got, may go wrong.

Yeah and I happened to see this movie limitless he also need good money alternatively he tried to trade and win lots of profit.

Trading is not a gambling as long as you can maintain a good prediction and knowledge about a certain trade that a person want.
Of course it also needs to have luck for a good coin to hold.
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August 18, 2016, 08:56:36 AM
 #671

Well, gambling and trading are pretty similar, but not really the exact same. In gambling, you bet on an income and if you lose, you lose all of your money you put on a bet. And it is pretty addictive and causes big losses. Trading is not addictive and if you lose, you lose the difference, not all your money you invested. So, trading is much safer and a better way to earn money than gambling.

with trading we can get change into other coins and yes maybe it will decrease or increase your money but sometimes if there is a pump, you will be make more money than you buy at first. and for gambling, we you gamble, you don't have option when you lost your money, its all gone. nothing left for you.
Trading is generally easier to predict than that of gambling. Just as long as you have the proper information in trading, then you are sure to make profits. In gambling, it is more likely of chance to win it big. No information are handy in gambling other than for sport betting. But in sport betting too, if your luck will not help then the information you have got, may go wrong.

No. I used to do both trading and sports betting and as far as the "prediction" is concern, it's more easy to predict in sports betting. But of course in terms of earnings, it's obvious that trading really the one who can give much earnings and Im living proof to that in my 1 year of trading journey in bitcoin world.


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August 18, 2016, 11:44:31 AM
 #672

Investing and gambling is different. Yeah they have money involve but investing is safer than gambling because for me gambling is very dangerous if you don't have control to yourself and if you are just relying on your luck, while investing we don't just need to rely on our luck because we need knowledge for us to gain.



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August 18, 2016, 05:15:41 PM
 #673

If you trade in pos coons you can stack stacks on stacks ^^
Make profit off a trade then continue staking and trade your stake for other coins then stake both. Sell high buy back when low. Of coarse much easier said then done but sometimes you just know a coin will rose or fall and you react accordingly. Setting up a not for when u sleep so u dont miss trades is a good idea but this is for the advanced user that understand the market. Most people think bots are macigal pieces of software that do the thinking for you. No ! They simply allow u to set tolerance levels fpr sales and buys. Watch your bot carefully and adjust it as required. Good luck building up your hordes of altcoin pos ^^

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August 18, 2016, 08:31:28 PM
 #674

although trading is also risky but still i cannot consider trading as gambling because in there you need some skill and knowledge about the trade you are interested in, but gambling  is totally depending on luck,
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August 18, 2016, 10:27:28 PM
 #675

Only sometimes trading is a gamble if its new coin or a new business venture. However with enough support and belief we can change this to almost a sure thing instead of a gamble. Gambling is pure luck up to the lady of luck to decide not us. Fate is fate. So rather trade to have a more controlled fate then a totally random one.
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August 19, 2016, 01:45:13 AM
 #676

Trading is like gambling as you can only get the profit if you guess the right prediction. Gambling on the other hand is very risky though as you need luck to win and you might be addicted when doing it which will cause you bankruptcy.

If I were to choose I would prefer to do trading all the way.

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August 19, 2016, 02:08:04 AM
 #677

Investing and gambling is different. Yeah they have money involve but investing is safer than gambling because for me gambling is very dangerous if you don't have control to yourself and if you are just relying on your luck, while investing we don't just need to rely on our luck because we need knowledge for us to gain.

But investing in real estate or gold or some other investments are different from trading. But in trading after investing if you don't follow price movements closely you may still lose a lot of money in trading. I can say day trading is almost similar to gambling because in day trading we all just hoping prices may go up.
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August 19, 2016, 03:19:23 AM
 #678

Yes, with the difference that you have more control over your risks.

That is correct. Trading is something similar to gambling or betting because we all need to guess based on some facts that prices may go up or down similar to sports betting based on players past performance. But in trading if one do a proper research and trade then making money chances are much better than direct gambling. I  prefer trading than gambling to earn money.

Yes it can be called gambling also, its because your risking your money for the certain coin, and trading also had risk to lose money if some bad scenario will be happen so thats why we better be wise and learn more tradings properly like gambling so we can avoid our money to get vanish. But the good thing in tradings is they dont have house edge so we can make sure the our lose will be less since we are the one who makes decision on what we gonna do to it to earn.

If you said about decision I guess people decide thing too because they decide to gamble their money. Most of them decide to gamble but never want the bad outcome or cant burden their consequences though. Before played they already know that gambling have the chance to lose more rather than win but they still doing it. By trading you sure have better chance to win some of your coin but people dont like the slow process so most of them will choose gambling than trading

Anyway trading cant be considered as gambling because both of them doesnt have any correspond to each other unless you are trading altcoin, this will be considered as gambling because you never know when it will be pumped or dumped
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August 19, 2016, 04:04:03 AM
 #679

Trading is like gambling as you can only get the profit if you guess the right prediction. Gambling on the other hand is very risky though as you need luck to win and you might be addicted when doing it which will cause you bankruptcy.

If I were to choose I would prefer to do trading all the way.

I also prefer trading in gambling, even i am not a bad gambler, but i realize mostly chances are here in trading to make profit. But in my view, both have a similarity with each other, because both are too much risky, and also making a profit in a short time of period. Thats why people refer to play gambling and also do trading instead of other business.
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August 19, 2016, 05:52:12 AM
 #680

Trading is like gambling as you can only get the profit if you guess the right prediction. Gambling on the other hand is very risky though as you need luck to win and you might be addicted when doing it which will cause you bankruptcy.

If I were to choose I would prefer to do trading all the way.

I also prefer trading in gambling, even i am not a bad gambler, but i realize mostly chances are here in trading to make profit. But in my view, both have a similarity with each other, because both are too much risky, and also making a profit in a short time of period. Thats why people refer to play gambling and also do trading instead of other business.
Trading is more preferable as there is a trend that you can follow and mostly it will be the result and when you follow that you will have a greater chance to make a profit, while in gambling following a trend is not effective because games can be manipulated or house has an edge over the gamblers.



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