LegendaryMiner
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September 17, 2016, 03:12:53 PM |
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Trading is very different than gambling, in my opinion. Both involve risk management, but this risk can be mitigated much better in trading, with a good strategy, while in gambling, even with a good strategy, you depends a lot on luck.
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chixka000
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September 17, 2016, 03:22:06 PM |
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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. You have your point of view , I understand because maybe you aren't a business minded person. Well if you try to think as a business minded person then you cant say that waiting is a waste of time. There is what we called an ROI and most of the investors really takes time to wait in order to get it back with profit or loss. The higher the capital the higher the risks but the higher profit of course.
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pearnapple
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September 17, 2016, 04:40:31 PM |
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i think trading might be called gambling because actually it requires a lot of skills and experience, if you want to get any profit right now
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btcdevil
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September 17, 2016, 04:50:17 PM |
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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. You have your point of view , I understand because maybe you aren't a business minded person. Well if you try to think as a business minded person then you cant say that waiting is a waste of time. There is what we called an ROI and most of the investors really takes time to wait in order to get it back with profit or loss. The higher the capital the higher the risks but the higher profit of course. Ya it is true, for trading you have to first have the full calculation of the products and then you have to split the investment so that if their is fall of price you can go for more buy and average your buying price as soon as you get some percentage of profit you should book it as their will be always up and down of price , who is trading frequently will be in profit in long term, dont see the profit ration if it is low or high , just see in long term how much you have made profit through trading. same way is gambling in sports book if you do proper calculation of all match and bet on same ration of amount and bet on split game then your profit ratio will be good.
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airezx20
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September 17, 2016, 05:06:07 PM |
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i think trading might be called gambling because actually it requires a lot of skills and experience, if you want to get any profit right now
Yes trading requires alot of skills and experience but with this how can it be called gambling with this reason that you have given. Gambling doesnt require skills or much experience,gambling mostly requires luck so i wont consider trading as gambling,there is a lot of difference between them.
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socks435
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September 17, 2016, 05:13:59 PM |
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i think trading might be called gambling because actually it requires a lot of skills and experience, if you want to get any profit right now
They are not the same and we can not consider trading is gambling because gambling made to give entertainment to people unlike trading made to buy and sell currency.. they are not the same..
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Solving blocks can't be solved without my rigs.
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tbterryboy
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September 17, 2016, 08:08:33 PM |
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i think trading might be called gambling because actually it requires a lot of skills and experience, if you want to get any profit right now
They are not the same and we can not consider trading is gambling because gambling made to give entertainment to people unlike trading made to buy and sell currency.. they are not the same.. Yes, gambling and trading are two different business with two different purposes. But some people are dealing with this business inappropriately which is leading to problems here. Gambling never turns trading, whereas trading has many chances to turn similar to gambling due to inappropriate approach.
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Colt22
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September 17, 2016, 08:37:24 PM |
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Trading is very different than gambling, in my opinion. Both involve risk management, but this risk can be mitigated much better in trading, with a good strategy, while in gambling, even with a good strategy, you depends a lot on luck.
For me trading is convenient to do as there I can use my mind and my knowledge and experience in order to win, but in gambling especially in dice etc I cannot predict that what will be the next news, win or lose, there we really depend on luck or we can say on the wish of software.
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hawkins
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September 17, 2016, 10:36:55 PM |
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i think trading might be called gambling because actually it requires a lot of skills and experience, if you want to get any profit right now
Actual, gambling and trading are different. but play trading requires skill and prowess in analyzing so that you can benefit large or small. but you do not need it in gambling, because in gambling only requires a large fortune. Well, I also feel that the playing of trading as well as the conduct of buying and selling
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Capradina
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September 17, 2016, 10:56:16 PM |
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i think trading might be called gambling because actually it requires a lot of skills and experience, if you want to get any profit right now
Actual, gambling and trading are different. but play trading requires skill and prowess in analyzing so that you can benefit large or small. but you do not need it in gambling, because in gambling only requires a large fortune. Well, I also feel that the playing of trading as well as the conduct of buying and selling That is certainly true. But I know that gambling also requires skill and strategy is also in order not to get a very large defeat, Fortune is indeed one of the things that are important in the gambling. However luck would occur if we want to strive to play better, to play better, we need the skills and strategies.
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Zooplus
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September 18, 2016, 01:27:27 AM |
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i think trading might be called gambling because actually it requires a lot of skills and experience, if you want to get any profit right now
Actual, gambling and trading are different. but play trading requires skill and prowess in analyzing so that you can benefit large or small. but you do not need it in gambling, because in gambling only requires a large fortune. Well, I also feel that the playing of trading as well as the conduct of buying and selling That is certainly true. But I know that gambling also requires skill and strategy is also in order not to get a very large defeat, Fortune is indeed one of the things that are important in the gambling. However luck would occur if we want to strive to play better, to play better, we need the skills and strategies. In every game there is always the strategy but the big question is would it work? Because we keep on experimenting the method to win in gambling hence it makes us more expose as every time we have a new method we tend to apply it and we know that there are now working method in gambling but luck.
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jonatuzc
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September 18, 2016, 05:35:19 AM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) Both are risky but they differ in how to earn . Because gambling bigger than you losing than your winnings . The first trading because you just lose especially if you are new to trading you expect that, you will lose money at first but when you trade you have studied it carefully will easily earn just because you know how to trade and had profits . Gambling because if you have no luck where are you exhausted all your money . I think gambling and trading are totally same and some months ago I used to have a different view and I used to think that trading is very profitable and blah blah but since the moment I have started to trade with alt coins I am only in loss and digging bigger hole than gambling.
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jakelyson
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September 18, 2016, 06:39:07 AM |
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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](https://bitcointalk.org/Smileys/default/undecided.gif) If you are trading blindly or ignoring the charts and the market, then you can consider it a gamble with a low chance of winning. But if you study the charts and the market, then your trades will probably win and make you some profits. Gambling does not have that, only press the button and pray you win.
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Zadicar
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September 18, 2016, 09:54:42 AM |
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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](https://bitcointalk.org/Smileys/default/undecided.gif) If you are trading blindly or ignoring the charts and the market, then you can consider it a gamble with a low chance of winning. But if you study the charts and the market, then your trades will probably win and make you some profits. Gambling does not have that, only press the button and pray you win. Correct, trading without any knowledge would be like the same as gambling but same as you said if you do consider the charts and market news related to it then for sure you might gain a profitable trading but it's not a guarantee since we can't really make consecutive winning trades because as we know price volatility.
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Caladonian
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September 18, 2016, 12:10:07 PM |
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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](https://bitcointalk.org/Smileys/default/undecided.gif) If you are trading blindly or ignoring the charts and the market, then you can consider it a gamble with a low chance of winning. But if you study the charts and the market, then your trades will probably win and make you some profits. Gambling does not have that, only press the button and pray you win. Correct, trading without any knowledge would be like the same as gambling but same as you said if you do consider the charts and market news related to it then for sure you might gain a profitable trading but it's not a guarantee since we can't really make consecutive winning trades because as we know price volatility. and if you just placing your position due to your prediction and no any updates or possible plan it can really consider as gambling.
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SanjaPaulina
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September 18, 2016, 12:15:52 PM |
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Trading is not that worst to gamble, because you can see that many people are already losing some a lot of money with gambling and that can be really bad. But you have to also be smart in gambling to make some profit otherwise you will lose to much money with it and that cant be good for you.
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victoryboy
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September 18, 2016, 12:56:28 PM |
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I don't consider trading as gambling. There are risk of loosing money in both even if you are experienced trader. The only difference is level of risk what is extremely high in gambling as you have quickest way of getting result. Trading also goes wrong when you try to gain more profit assuming something will be one way but it goes other way. Difference is clear and they are not same at all.
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daringdiscovered
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September 18, 2016, 01:06:44 PM |
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I don't consider trading as gambling. There are risk of loosing money in both even if you are experienced trader. The only difference is level of risk what is extremely high in gambling as you have quickest way of getting result. Trading also goes wrong when you try to gain more profit assuming something will be one way but it goes other way. Difference is clear and they are not same at all.
I agree, gambling is different from trading. In gambling you can get addicted to it because the result or outcome of yoir gambling is very fast. It makes you addicted because you can earn fast in gambling. Unlike in trading, it needs patience to earn profit from it so it won't make you get addicted to it.
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mirakal
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September 18, 2016, 01:49:50 PM |
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I don't consider trading as gambling. There are risk of loosing money in both even if you are experienced trader. The only difference is level of risk what is extremely high in gambling as you have quickest way of getting result. Trading also goes wrong when you try to gain more profit assuming something will be one way but it goes other way. Difference is clear and they are not same at all.
I agree, gambling is different from trading. In gambling you can get addicted to it because the result or outcome of yoir gambling is very fast. It makes you addicted because you can earn fast in gambling. Unlike in trading, it needs patience to earn profit from it so it won't make you get addicted to it. Mostly you can easily addicted in gambling because the result is very fast and when you are experiencing loses that is when you start to think of avenging your loses, but in trading, you will not directly lose because it is either you will lose or win a certain percentage of the amount you use in trading.
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tyz
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September 18, 2016, 02:05:13 PM |
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Well, you can consider trading as gambling when you do not make research for the coins you are trading. If you choose proven scamcoins then it is like gambling. You know the price will collapse one time but you do not know when. If you trade serious coins with a constant high liquidity and a proven concept, then I would not consider trading of such coins as gambling imho.
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