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Author Topic: Do you consider trading as gambling?  (Read 47281 times)
roadbits
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August 15, 2016, 07:33:45 AM
 #641

I do consider trading as gambling since there is nothing to predict 100 % prior to jump in stock market or any type of trading platform. You need to be lucky in both in order to make some money as you don't have any life line in these. Trading or gambling where I saw many experienced players loosing money in matter of minutes. This is a sub branch of gambling so I make no difference between them.

Trading is indeed almost the same with gambling but it gives different results. If trading delivers bigger gains and we can set up more, if gambling is only a fairly small benefit, we cannot set up more, and surely we will get addicted if gambling with greedy

Yup, the result of trading and gambling, is different. In Gambling with the small amount you can make a big profit, But it is not possible in Trading we need big bankroll. And in both conditions, we need luck if luck not there is no chance to make money in Trading or Gambling. Only one thing is common in Trading and Gambling that is risk.
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August 15, 2016, 07:43:12 AM
 #642

It depends on the type of trading market to make comparison of it with gambling or not. If trading is regarding Forex or stock exchange then I make no difference between gambling and gambling and see them similar. When it is about altcoins then it is more safer and has less volatility and less chances of loss like gambling. Trading is like gamble to earn more buy investing or buying assets which we consider are about to rise but it can be reverse too. In both you loose all money.
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August 17, 2016, 03:38:02 AM
 #643

I do consider trading as gambling since there is nothing to predict 100 % prior to jump in stock market or any type of trading platform. You need to be lucky in both in order to make some money as you don't have any life line in these. Trading or gambling where I saw many experienced players loosing money in matter of minutes. This is a sub branch of gambling so I make no difference between them.

Trading is indeed almost the same with gambling but it gives different results. If trading delivers bigger gains and we can set up more, if gambling is only a fairly small benefit, we cannot set up more, and surely we will get addicted if gambling with greedy
Trading I think is better than gambling, as long as you are knowledgable in trading it is better for you to invest than to gamble, because if you try gambling and use all your money and yuou are just relying on your luck, for sure you can just lose more money here. But in trading if we have guided by a professional traders, we can earn good benefit here in the future.
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August 17, 2016, 03:39:05 AM
 #644

Yes, with the difference that you have more control over your risks.
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August 17, 2016, 04:40:07 AM
 #645

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

Yes they have both risk at all but you are the one who is going to control over your money. Unlike with gambling you cannot control your winnings.

But with trading, it is going to up to you on how you are going to control the move of your money together by investing with your time.


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August 17, 2016, 05:02:23 AM
 #646

Trading spot, future, option is a kind of investment, speculation and gambling, or betting. It is not gambling but similar, to bet result to make money.
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August 17, 2016, 06:18:13 AM
 #647

In trading you can have a bit of an edge as trading is related more in the news of the market which if you know how to read them right you may have an edge against the house. Gambling usually is based on pure luck in the majority of its games and very few games involve skill like poker. I would say they are almost the same as with both of them most of the people lose money anyway.

You are right. You can actively research the coins you are trading so you can make the right decisions in your trading. While in gambling, there is no choice but to rely on your luck. It is more profitable in trading because you can use your luck and the knowledge and skills you have to make good money.
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August 17, 2016, 06:27:28 AM
 #648

In trading you can have a bit of an edge as trading is related more in the news of the market which if you know how to read them right you may have an edge against the house. Gambling usually is based on pure luck in the majority of its games and very few games involve skill like poker. I would say they are almost the same as with both of them most of the people lose money anyway.

You are right. You can actively research the coins you are trading so you can make the right decisions in your trading. While in gambling, there is no choice but to rely on your luck. It is more profitable in trading because you can use your luck and the knowledge and skills you have to make good money.

Yeah true but with the amount of scam coins out there, its pretty much no different than gambling. The most promising coins end up a scams and the dumbest coins like Dogecoin actually end up surviving.

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August 17, 2016, 06:37:40 AM
 #649

In trading you can have a bit of an edge as trading is related more in the news of the market which if you know how to read them right you may have an edge against the house. Gambling usually is based on pure luck in the majority of its games and very few games involve skill like poker. I would say they are almost the same as with both of them most of the people lose money anyway.

You are right. You can actively research the coins you are trading so you can make the right decisions in your trading. While in gambling, there is no choice but to rely on your luck. It is more profitable in trading because you can use your luck and the knowledge and skills you have to make good money.

Yeah true but with the amount of scam coins out there, its pretty much no different than gambling. The most promising coins end up a scams and the dumbest coins like Dogecoin actually end up surviving.

all those scam coins are obviously scam from the start, you can easy find out about this if you know what clues you should look for in these coins.

and remember that there is always a reason for a coin's survival it is not out of pure chance, for example Dogecoin has the community support and people are actually interested in using it. and the only reason for the low price of Doge is because of the high reward for the miners which creates a massive dump each day.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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August 17, 2016, 06:49:30 AM
 #650

In trading you can have a bit of an edge as trading is related more in the news of the market which if you know how to read them right you may have an edge against the house. Gambling usually is based on pure luck in the majority of its games and very few games involve skill like poker. I would say they are almost the same as with both of them most of the people lose money anyway.

You are right. You can actively research the coins you are trading so you can make the right decisions in your trading. While in gambling, there is no choice but to rely on your luck. It is more profitable in trading because you can use your luck and the knowledge and skills you have to make good money.

Yeah true but with the amount of scam coins out there, its pretty much no different than gambling. The most promising coins end up a scams and the dumbest coins like Dogecoin actually end up surviving.

all those scam coins are obviously scam from the start, you can easy find out about this if you know what clues you should look for in these coins.

and remember that there is always a reason for a coin's survival it is not out of pure chance, for example Dogecoin has the community support and people are actually interested in using it. and the only reason for the low price of Doge is because of the high reward for the miners which creates a massive dump each day.
So I think in that way it is good to hold doge for a long term investment as when the miners will not dump anymore, the price will eventually increase. I have actually was not able to follow that coin but I heard it has a good potential in the future, I am more into new coins like lisk and waves.

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August 17, 2016, 06:50:28 AM
 #651

iam trading altcoin and bitcoin with analys trade
not gamble , not only choose up or down price
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August 17, 2016, 07:38:40 AM
 #652

In trading you can have a bit of an edge as trading is related more in the news of the market which if you know how to read them right you may have an edge against the house. Gambling usually is based on pure luck in the majority of its games and very few games involve skill like poker. I would say they are almost the same as with both of them most of the people lose money anyway.

You are right. You can actively research the coins you are trading so you can make the right decisions in your trading. While in gambling, there is no choice but to rely on your luck. It is more profitable in trading because you can use your luck and the knowledge and skills you have to make good money.

Trading  is a way better than gambling even both have the risk  on losing all your money but  in trading you could lessen the  risk by  having a research on market or  even to  the news or  developer things of a certain coins if you  saw that  it has a potential then  its the best idea to buy on that  state.

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August 17, 2016, 08:45:30 AM
 #653

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.
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August 17, 2016, 10:01:15 AM
 #654

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.
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August 17, 2016, 10:11:23 AM
 #655

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.
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August 17, 2016, 10:45:43 AM
 #656

for me no. gambling by default would have you depend mostly on luck, while trading requires patience and good decisions. I think it's a lot safer to place your money on trading that placing it on a bet.

 
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August 17, 2016, 10:52:04 AM
 #657

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.

Right, trading is a skilled and strategic thing, while gambling is relying on luck and randomness. But they both need luck.
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August 17, 2016, 10:58:12 AM
Last edit: August 17, 2016, 12:39:58 PM by ultrloa
 #658

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.

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August 17, 2016, 11:00:25 AM
 #659

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
 #660

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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