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Author Topic: Do you consider trading as gambling?  (Read 46723 times)
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August 23, 2016, 01:37:09 PM
 #701

IMO gambling is gambling as long as it's purely depending on luck and no support for it on other aspects "knowing methods of trading, best methods and ways to earn, specific market analysis", if the trader doesn't know these then it's merely gambling.
Nicely said, because when we are gambling most likely we are just reliance in our luck but when we are in trading we could do pure gambling which is not researching and investing which is a more positive approve as we will take effort to get the necessary information to analyze the market movement well.

Addiction is a sure thing we get in the gambling and also in gambling will certainly make us into the wrong person's demeanor and don't understand the direction of the road. So it is an investment into the trade is more fun, more profitable and certainly the risk that there is much smaller than gambling.
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August 23, 2016, 01:44:26 PM
 #702

IMO gambling is gambling as long as it's purely depending on luck and no support for it on other aspects "knowing methods of trading, best methods and ways to earn, specific market analysis", if the trader doesn't know these then it's merely gambling.

You are right. When trading, you have to do research and analysis how things will change before you do your trading. In this way, you will be able to reduce your risk of losing and make intelligent action. However, if you are blindly trading than there is no different from gambling where you purely rely on luck.


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August 23, 2016, 03:11:03 PM
 #703

IMO gambling is gambling as long as it's purely depending on luck and no support for it on other aspects "knowing methods of trading, best methods and ways to earn, specific market analysis", if the trader doesn't know these then it's merely gambling.

No trading and gambling have a very huge difference because on one side where you are betting on your luck and in investment you are actually investing your money WITHOUT ANY RISK for small profits.

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August 23, 2016, 03:15:17 PM
 #704

IMO gambling is gambling as long as it's purely depending on luck and no support for it on other aspects "knowing methods of trading, best methods and ways to earn, specific market analysis", if the trader doesn't know these then it's merely gambling.

No trading and gambling have a very huge difference because on one side where you are betting on your luck and in investment you are actually investing your money WITHOUT ANY RISK for small profits.



Indeed gambling and trading have differences. But I think the system or how the game is very similar to gambling, just use the game system, while trading in a currency or crypto. And also the advantage of gambling depends on how we play, so did the trading. for disruptive then most are gambling because the game does not live or is running because the bot owner's gambling

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August 23, 2016, 04:36:44 PM
 #705

IMO gambling is gambling as long as it's purely depending on luck and no support for it on other aspects "knowing methods of trading, best methods and ways to earn, specific market analysis", if the trader doesn't know these then it's merely gambling.

No trading and gambling have a very huge difference because on one side where you are betting on your luck and in investment you are actually investing your money WITHOUT ANY RISK for small profits.

you are naive to think that investing money is "without" risk, even for small profits. any kind of investment has some form of risk involved in it otherwise there would have been no profit in it.
even the most secure investment options have some kind of risks in them. and if the business you are investing in says their business is free of risk, they are lying to you or they are ponzi.

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August 23, 2016, 04:56:47 PM
 #706



Indeed gambling and trading have differences. But I think the system or how the game is very similar to gambling, just use the game system, while trading in a currency or crypto. And also the advantage of gambling depends on how we play, so did the trading. for disruptive then most are gambling because the game does not live or is running because the bot owner's gambling


Bolded part can't be applied to those house edge type of gambling games as playing in these form is really based on pure luck.

Anyways yes, gambling and trading really have differences and we all know here, at least, in what are those things they are really different. Both needs luck, strategy (in terms of sports betting type of gambling), analyzation, proper handling etc. On how we will accompanied these things whether for gambling or trading purposes will depend now on our own execution.

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August 23, 2016, 04:59:12 PM
 #707

Trading and gambling share the same concept of putting your money at risk and hope for some profit in return. If you earn nothing from it and you lost your investments, then the only thing that you can do is move on. The only advantage of trading over gambling is the fact that you can communicate with other people about which coin has the potential to rise up after a certain period of time. In gambling, all you do is bet except for sports betting which you can do some research first about the player/the team before you bet.

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August 23, 2016, 05:19:46 PM
 #708

Gambling it’s not like trading, however anything can be seen as a game of probabilities and as such a gamble. Example: What are the odds of that girl accepting a date with me? It’s difficult to calculate the odds of such a question in real life but lets say that the answer it’s 10%, then the next question is, Is it worth my time to try to improve my chances to get a date? or Do I try anyway despite my low chances?

As you can see almost anything could be seen as part of Game Theory(a Branch of mathematics)

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August 23, 2016, 05:26:59 PM
 #709

IMO gambling is gambling as long as it's purely depending on luck and no support for it on other aspects "knowing methods of trading, best methods and ways to earn, specific market analysis", if the trader doesn't know these then it's merely gambling.

Yes exactly !! Without proper training and expierence there is no hope to trading and it is just a gamble. Maybe trading is even more of a gamble because if you dont know what you doing you can actually reduce your odds of making profit considerably.

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August 23, 2016, 09:27:40 PM
 #710

If you learn all the aspects of trading and you will have a good skills in doing trade then you will not face any risk and any lose, so in that case we cannot say that trading is like gambling, but you just need to learn before taking the start.
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August 24, 2016, 12:29:03 AM
 #711

Trading is not considerable as gambling for me because in trading you are risking but you trade something that is truely profitable unlike gambling you are risking something especially money which you don't know if it will pay you back.

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August 24, 2016, 02:31:10 AM
 #712

Trading is not considerable as gambling for me because in trading you are risking but you trade something that is truely profitable unlike gambling you are risking something especially money which you don't know if it will pay you back.

You have a point though but  even in trading your risking also your money and you dont have always the assurance of having  back  of profits into you since  trading is also risky but you could lessen the risk if you are knowledgeable to it and  having the right trading traits which makes you profitable .

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August 24, 2016, 03:01:16 AM
 #713

If you learn all the aspects of trading and you will have a good skills in doing trade then you will not face any risk and any lose, so in that case we cannot say that trading is like gambling, but you just need to learn before taking the start.

They are just becoming the same because they have both the risk if you are going to do them both. But in trading it is less risky.

And you got it, if you are going to have enough knowledge with it and you are going to make it as your career then you are not going to have problems with it.

You are just going to know when to buy and sell and you are just going to enjoy your profits.


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August 24, 2016, 03:01:55 AM
 #714

If you're unsure if you're going to win or lose, that can be considered gambling. With trading there's no assurance that will earn within a certain period of time so it is a gamble.
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August 24, 2016, 03:19:41 AM
 #715

i dont think trading is gambling because no house edge no win or lose
at trading only profits or lose and trading is about price
you never lose with gambling owner just buy and sell
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August 24, 2016, 05:11:09 AM
 #716

If you're unsure if you're going to win or lose, that can be considered gambling. With trading there's no assurance that will earn within a certain period of time so it is a gamble.

well I think we can also consider trading as gambling as you don't have assurance if you are really going to earn or not. But gambling is different as you have trading skills and enough knowledge in able to earn from there. Unlike with gambling you only need luck even you are not that good in a specific gambling game that you are going to do.



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Rainbot
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August 24, 2016, 05:30:44 AM
 #717

I see no difference between trading and gambling. I think the only difference is the time frame. In gambling, you can get your results in an instant. While in trading, you can wait for days/weeks before you sell your coin. The instant of you selling your coins in trading will decide if you get profit and how much or you get less than what you've invested. Nevertheless, trading would always be better than gambling because you can do tons of research first about a coin before you invest on it.

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August 24, 2016, 06:31:48 AM
 #718

I see no difference between trading and gambling. I think the only difference is the time frame. In gambling, you can get your results in an instant. While in trading, you can wait for days/weeks before you sell your coin. The instant of you selling your coins in trading will decide if you get profit and how much or you get less than what you've invested. Nevertheless, trading would always be better than gambling because you can do tons of research first about a coin before you invest on it.
I see somehow there is a similarity in trading and gambling because there are gambling games can be studied or research to gain some knowledge that can be useful for you to get the advantage, and I am saying sports betting gives you that opportunity. In addition, sports betting provide a leverage for the bettors to do sports arbitrage which has no risk which will guarantee you a win everytime.

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adaseb
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August 24, 2016, 06:35:09 AM
 #719

I see no difference between trading and gambling. I think the only difference is the time frame. In gambling, you can get your results in an instant. While in trading, you can wait for days/weeks before you sell your coin. The instant of you selling your coins in trading will decide if you get profit and how much or you get less than what you've invested. Nevertheless, trading would always be better than gambling because you can do tons of research first about a coin before you invest on it.
I see somehow there is a similarity in trading and gambling because there are gambling games can be studied or research to gain some knowledge that can be useful for you to get the advantage, and I am saying sports betting gives you that opportunity. In addition, sports betting provide a leverage for the bettors to do sports arbitrage which has no risk which will guarantee you a win everytime.

Yeah but how can dice be researched and studied? Its pretty much basic probability. Only method that doesn't quite work well is martingale and usually leaves most gamblers with no BTC after they hit a huge losing streak.

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Zadicar
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August 24, 2016, 07:01:25 AM
 #720

I see no difference between trading and gambling. I think the only difference is the time frame. In gambling, you can get your results in an instant. While in trading, you can wait for days/weeks before you sell your coin. The instant of you selling your coins in trading will decide if you get profit and how much or you get less than what you've invested. Nevertheless, trading would always be better than gambling because you can do tons of research first about a coin before you invest on it.
I see somehow there is a similarity in trading and gambling because there are gambling games can be studied or research to gain some knowledge that can be useful for you to get the advantage, and I am saying sports betting gives you that opportunity. In addition, sports betting provide a leverage for the bettors to do sports arbitrage which has no risk which will guarantee you a win everytime.

Yeah but how can dice be researched and studied? Its pretty much basic probability. Only method that doesn't quite work well is martingale and usually leaves most gamblers with no BTC after they hit a huge losing streak.

Sport betting is the only game that you could study the probabilities of such games. With that you could lessen the risk and would win that bet but dont forget that you also need luck in able to win because no matter how good your team is but luck doesnt  support you then its a sure lose. Dice is a matter of luck game and martingale is busted  already for a long time which is not ideal to use already.

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