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Author Topic: Do you consider trading as gambling?  (Read 47280 times)
fullypak
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September 16, 2016, 01:38:47 AM
 #921

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some  Undecided

If you don't have a trading knowledge than it is almost equal to gambling so don't try to trade just based on someone's tips, and you may lose a lot of money in this kind of trading. In the world there many traders lose money but only few traders makes money so trade carefully.
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September 16, 2016, 03:50:24 AM
 #922

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some  Undecided

If you don't have a trading knowledge than it is almost equal to gambling so don't try to trade just based on someone's tips, and you may lose a lot of money in this kind of trading. In the world there many traders lose money but only few traders makes money so trade carefully.

Trading would no ideas or dont even have learning about this thing would  be really considered as  gambling also because you are risking  your money on higher chance . Its like  betting  your money blindly on doing trading. Thats why  if you dont know how to trade then its better  not to trade at all. 
novemberwoah
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September 16, 2016, 04:11:56 AM
 #923

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some  Undecided

If you don't have a trading knowledge than it is almost equal to gambling so don't try to trade just based on someone's tips, and you may lose a lot of money in this kind of trading. In the world there many traders lose money but only few traders makes money so trade carefully.

Trading would no ideas or dont even have learning about this thing would  be really considered as  gambling also because you are risking  your money on higher chance . Its like  betting  your money blindly on doing trading. Thats why  if you dont know how to trade then its better  not to trade at all. 
Yes true if we do not know the origin of the trade and will use it to bet money that we have and maybe you're right it's the same gambling. But if we can learn and understand our trade can benefit continuously and better than gambling in my opinion.
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September 16, 2016, 04:16:14 AM
 #924

gambling 100% risky
trading 50%
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September 16, 2016, 09:28:46 AM
 #925

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some  Undecided

If you don't have a trading knowledge than it is almost equal to gambling so don't try to trade just based on someone's tips, and you may lose a lot of money in this kind of trading. In the world there many traders lose money but only few traders makes money so trade carefully.

i agree with this. without any knowledge, we can loss all our money, but if you can realize that actually we don't loss all of our money, but it change into other altcoins and believe it or not, sometimes the rate will be get jump soon just after you buy that coins.

you can search any info about trading for the first time, and the simple lesson is buy at the low rate, and sell it in middle or high rate. thats you should do and you will be get profit.

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September 16, 2016, 10:46:09 AM
 #926

For inexperienced person gambling and trading is same thing and I was thinking same sometimes ago. Once I came to know how to read and understand the trading chart I have changed my opinion about them both. gambling is purely luck based while there is a match involved in trading if you go accordingly. Trading and gambling are not same this is where I reached now.

Both of them consider as gambling activity since they both have their own risk !
If trading consider not as gambling then people can easily win or being rich from trading right ?
No, trading is far different in gambling because in gambling you can lose money in a short time, but in trading you can gain profit in a long term as long as you have more patient you can get profit just get learned and have knowledge in trading.
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September 16, 2016, 12:34:30 PM
 #927

iam prefered gambling
Leonard2016
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September 16, 2016, 12:40:21 PM
 #928

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some  Undecided

then you should never trade in your life beause you will lose a lot of money if you do so.
what you say is like someone who doesn't know swimming saying swimming is only for fishes.

you should learn how to trade first and then you realize that it is not at all like gambling and you can predict the price.


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September 16, 2016, 12:50:47 PM
 #929

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some  Undecided

then you should never trade in your life beause you will lose a lot of money if you do so.
what you say is like someone who doesn't know swimming saying swimming is only for fishes.

you should learn how to trade first and then you realize that it is not at all like gambling and you can predict the price.
Well said, we need to learned first about investing before we enter it, It is risky if you didn't know how to do it.
For me gambling is risky than gambling we cannot consider trading as gambling because there are too different.
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September 16, 2016, 04:19:03 PM
 #930

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some  Undecided
That's right, sometimes you win and sometimes you lose, even the brightest people in trading also lose sometimes therefore it has a similarity in gambling.

I myself have been trading and the result is not that profitable as of the moment because I was tempted to buy a coins that I thought the price will continue to increase but unfortunately it does not favor me this time so i am taking the lose and work my way back to the profit side and hopefully I will be back on track soon.
The only way it seems to make some profit is by buying alt coins via Initial coin offer or ICO and then sell them when the price bumps ( once the coin is listed on exchange ) this way I made good profit with CJ coin and now I have bought some nice amount in ICN and just waiting for the ICN to reach me.
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September 16, 2016, 04:20:28 PM
 #931

For inexperienced person gambling and trading is same thing and I was thinking same sometimes ago. Once I came to know how to read and understand the trading chart I have changed my opinion about them both. gambling is purely luck based while there is a match involved in trading if you go accordingly. Trading and gambling are not same this is where I reached now.

Both of them consider as gambling activity since they both have their own risk !
If trading consider not as gambling then people can easily win or being rich from trading right ?
No, trading is far different in gambling because in gambling you can lose money in a short time, but in trading you can gain profit in a long term as long as you have more patient you can get profit just get learned and have knowledge in trading.

Of course in some of the aspects, trading and gambling have different things but you are risking money in both of this that's why trading can also considered as gambling.

Trading is an investment and you are risking money here. It's just that in trading you can managed your strategy compare to gambling.
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September 17, 2016, 02:36:29 AM
 #932

I think they are very different things... although they are risky activities, in gambling the risk is much higher. Moreover, in trading you have the possibility to increase your chances, if you make an effort to know the market and the business in which you're planning to invest.
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September 17, 2016, 04:56:28 AM
 #933

Trading is like gambling in the sense that, you choose a coin and take a risk with buying it, then choosing whether to sell now or later. But. Unlike gambling which is purely or 95% based on luck, I'll say that trading needs Skills. Yes there is the chance and luck factor but the main thing is that Trading is based on your knowledge base as well as thorough understanding, so making money off of it depends more on skill, which is the reverse with gambling. 

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September 17, 2016, 06:04:12 AM
 #934

I think there are almost the same, but it is also depend on how people interpret the two. Sometimes it looks like the same because in trading you will also consuming your effort and time like also gambling. But in gambling you will lose money, effort and time. So I just think it is just depend on how people interpret it.
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September 17, 2016, 07:47:43 AM
 #935

I think there are almost the same, but it is also depend on how people interpret the two. Sometimes it looks like the same because in trading you will also consuming your effort and time like also gambling. But in gambling you will lose money, effort and time. So I just think it is just depend on how people interpret it.
I think you only spend less effort in gambling but it is more risky than trading, if you are good in gambling then even in just an hour you can already make thousands of dollars, but that is hard to do and only those extremely talented person can do it.

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September 17, 2016, 08:24:19 AM
 #936

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some  Undecided

If you don't have a trading knowledge than it is almost equal to gambling so don't try to trade just based on someone's tips, and you may lose a lot of money in this kind of trading. In the world there many traders lose money but only few traders makes money so trade carefully.

i agree with this. without any knowledge, we can loss all our money, but if you can realize that actually we don't loss all of our money, but it change into other altcoins and believe it or not, sometimes the rate will be get jump soon just after you buy that coins.

you can search any info about trading for the first time, and the simple lesson is buy at the low rate, and sell it in middle or high rate. thats you should do and you will be get profit.

True, trading is not easy as it sounds because others said or recommend it you do it directly without any knowledge then its risking your money same as others said. Risk on gambling is high compared to trading since you could possible lessen the risk if you have knowledge on trading.
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September 17, 2016, 08:52:16 AM
 #937

I have started trading recently, and I can fully assure you that trading is the exact same thing to gambling, because trading is not easy at all. The only diffrence is trading is very boring. One just loses money if they try to do trading or gambling.
Thanks for being honest, I also have that feeling when I was new to trading, actually it only becomes boring because you start with a little amount of capital to trade but once you trade like start with 10 BTC you will be able to do a careful decision and even if you only earn a little percentage of increase you are happy already.

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September 17, 2016, 09:29:53 AM
 #938

I have started trading recently, and I can fully assure you that trading is the exact same thing to gambling, because trading is not easy at all. The only diffrence is trading is very boring. One just loses money if they try to do trading or gambling.
the wait will make you lose because the more you hold the more chances to earn, it is really hard to say whether its the same but theres always restriction between the two.
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September 17, 2016, 09:46:43 AM
 #939

There are risks involved in trading... which effectively means that you are gambling... but it isn't just pure blind dumb luck involved... so it isn't like rolling dice or spinning roulette... I definitely think the closest 'traditional' gambling would be sports.

Trading is a lot like sports betting in my mind... you need to put in a decent amount of effort, research and analysis so that you can properly understand what it is that you a "betting" on. You can usually make an educated guess and increase your odds of success with a bit of effort.

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September 17, 2016, 09:47:07 AM
 #940

I have started trading recently, and I can fully assure you that trading is the exact same thing to gambling, because trading is not easy at all. The only diffrence is trading is very boring. One just loses money if they try to do trading or gambling.
Thanks for being honest, I also have that feeling when I was new to trading, actually it only becomes boring because you start with a little amount of capital to trade but once you trade like start with 10 BTC you will be able to do a careful decision and even if you only earn a little percentage of increase you are happy already.
trading are not gambling , but since the world of cryptocurrency full of scammer
then born so many shit coin , if you trade on it you are more than gambling
but if you trading on reliable cryptocurrency like bitcoin you are not gamble at all
you can analyze it and the result will be more than 80% accurate if you do it well enough
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