danherbias07
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October 05, 2016, 03:18:56 PM |
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For some reason I do think of it that way. Every time i do trading I cant hrlp but see myself taking a lot of risk with other coins which somehow I know were scam coins. I am just taking the risk of the possibility that I may profit from it.
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lite
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October 05, 2016, 05:23:18 PM |
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I've lost way more than that on gambling sites yet i still gamble lol, but i do not gamble anymore for profit just for fun. if you gamble for fun you wouldn't spend big money. as for trading i've made approximately $110, trading is a better way to make money.
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roadbits
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October 05, 2016, 06:05:27 PM |
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I've lost way more than that on gambling sites yet i still gamble lol, but i do not gamble anymore for profit just for fun. if you gamble for fun you wouldn't spend big money. as for trading i've made approximately $110, trading is a better way to make money. Yes, 200$ is not a big amount. People will lose more than that in a single bet. And in gambling losing money is common. SO don't play gambling for money. Just play it for fun. And yes trading is much better than gambling. Here the profit is less, but you will make your investment double in few months. But gambling and Trading both are not equal.
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chaser15
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October 05, 2016, 06:16:13 PM |
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For some reason I do think of it that way. Every time i do trading I cant hrlp but see myself taking a lot of risk with other coins which somehow I know were scam coins. I am just taking the risk of the possibility that I may profit from it.
Actually yes. Putting some money in other alts, even with bitcoin, is like taking a gamble if your money will grow or not. Both has risk and chances of lossing money is really possible. That's why I don't understand some people here that saying trading is not gambling since there is a strategy involved in trading which isn't present in gambling. The point here is, gambling money or in other words, risking the money.
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South Park
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October 05, 2016, 09:29:04 PM |
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there are a lot of of gambling siteson the web .if anyone interested on bidding there than you guys have to understand house always wins
The house does not win all the time, the house due to the house edge wins on average in the long run more than it loses, that is why it may seem as if the house always wins but this is not the case.
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hua_hui
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October 05, 2016, 10:21:17 PM |
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there are a lot of of gambling siteson the web .if anyone interested on bidding there than you guys have to understand house always wins
The house does not win all the time, the house due to the house edge wins on average in the long run more than it loses, that is why it may seem as if the house always wins but this is not the case. The house is not a 100% sure win. However, he is not wrong to say that house always win too cause i believe you dont just go gamble for one hand and then leave. You gamble for a period of time and we know that the longer you gamble, the more likely you lose. So chance of winning is not just 1% but 90% of the time.
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Galiatram
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October 05, 2016, 10:35:30 PM |
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For some reason I do think of it that way. Every time i do trading I cant hrlp but see myself taking a lot of risk with other coins which somehow I know were scam coins. I am just taking the risk of the possibility that I may profit from it.
Actually yes. Putting some money in other alts, even with bitcoin, is like taking a gamble if your money will grow or not. Both has risk and chances of lossing money is really possible. That's why I don't understand some people here that saying trading is not gambling since there is a strategy involved in trading which isn't present in gambling. The point here is, gambling money or in other words, risking the money. I also think its the same and the risks are also pretty equal to each other due to that I think that its almost the same. We can say that its almost the same in my eyes.
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Finestream
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October 06, 2016, 02:13:03 AM |
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For some reason I do think of it that way. Every time i do trading I cant hrlp but see myself taking a lot of risk with other coins which somehow I know were scam coins. I am just taking the risk of the possibility that I may profit from it.
Actually yes. Putting some money in other alts, even with bitcoin, is like taking a gamble if your money will grow or not. Both has risk and chances of lossing money is really possible. That's why I don't understand some people here that saying trading is not gambling since there is a strategy involved in trading which isn't present in gambling. The point here is, gambling money or in other words, risking the money. I also think its the same and the risks are also pretty equal to each other due to that I think that its almost the same. We can say that its almost the same in my eyes. Trading is also risky as it demands a big amount of capital in order for you to earn a decent amount of income. In gambling it's different because people only provide a small bankroll and expect to win like 500% of their bankroll, so if you are really serious with earning money I think trading is way better than gambling.
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futurebit640
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October 06, 2016, 05:02:26 AM |
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Trading and gambling both require some different knowledge. I trading we need knowledge about the market, and we have to analyse to whom we do trading, etc. In gambling also in slot games we no need any experience but in sports betting we need knowledge on sports and players. But here also we put our money in risk. So the conditions are different but the end of the day we do both for money.
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TheSnow
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October 06, 2016, 05:05:00 AM |
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base on my experience now you can't make profit in trading when your not going to buy alt coins the bigger you buy the bigger you lose the profit its like taking the risk too but the difference on trading and gambling is you can resell the coins in much more cheaper price than the original one
Ya that is the different in trading and gambling.In gambling if we lose all,than we clearly have nothing left.But in trading alt coin,even we still lose in value of the coin,but we still got the coin.Now either the coin price is up or not is totally depending on many factor.At this time,we only have two options.Sell or hold the coin.
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RealPhotoshoper
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October 06, 2016, 05:19:29 AM |
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base on my experience now you can't make profit in trading when your not going to buy alt coins the bigger you buy the bigger you lose the profit its like taking the risk too but the difference on trading and gambling is you can resell the coins in much more cheaper price than the original one
Ya that is the different in trading and gambling.In gambling if we lose all,than we clearly have nothing left.But in trading alt coin,even we still lose in value of the coin,but we still got the coin.Now either the coin price is up or not is totally depending on many factor.At this time,we only have two options.Sell or hold the coin. i think op compare between trading and gambling in term of guessing. while gambling is about guessing the outcome of certain event , trading are about guessing price of certain thing. if any "guessing" thing called gambling , then yeaaa trading is one of them.
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chaser15
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October 06, 2016, 05:36:11 AM |
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For some reason I do think of it that way. Every time i do trading I cant hrlp but see myself taking a lot of risk with other coins which somehow I know were scam coins. I am just taking the risk of the possibility that I may profit from it.
Actually yes. Putting some money in other alts, even with bitcoin, is like taking a gamble if your money will grow or not. Both has risk and chances of lossing money is really possible. That's why I don't understand some people here that saying trading is not gambling since there is a strategy involved in trading which isn't present in gambling. The point here is, gambling money or in other words, risking the money. I also think its the same and the risks are also pretty equal to each other due to that I think that its almost the same. We can say that its almost the same in my eyes. Trading is also risky as it demands a big amount of capital in order for you to earn a decent amount of income. In gambling it's different because people only provide a small bankroll and expect to win like 500% of their bankroll, so if you are really serious with earning money I think trading is way better than gambling. Well obvious as it is. No way the usual gambling can take you for a long run and besides I found gambling a boring one. Compare to trading especially when there is a big price fluctuations. It really gives me an excitement especially when Im already on profit and waiting for a dump.
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dunfida
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October 06, 2016, 07:42:25 AM |
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base on my experience now you can't make profit in trading when your not going to buy alt coins the bigger you buy the bigger you lose the profit its like taking the risk too but the difference on trading and gambling is you can resell the coins in much more cheaper price than the original one
Ya that is the different in trading and gambling.In gambling if we lose all,than we clearly have nothing left.But in trading alt coin,even we still lose in value of the coin,but we still got the coin.Now either the coin price is up or not is totally depending on many factor.At this time,we only have two options.Sell or hold the coin. You have both a point because in gambling you lost totally your money while in trading you could somehow have still coins left on your account which has the possibility that you could still able to sell it even on cheap prices and you could still earn some compared to have nothing at all.
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klf
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October 06, 2016, 08:19:00 AM |
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there are a lot of of gambling siteson the web .if anyone interested on bidding there than you guys have to understand house always wins
The house does not win all the time, the house due to the house edge wins on average in the long run more than it loses, that is why it may seem as if the house always wins but this is not the case. The house is not a 100% sure win. However, he is not wrong to say that house always win too cause i believe you dont just go gamble for one hand and then leave. You gamble for a period of time and we know that the longer you gamble, the more likely you lose. So chance of winning is not just 1% but 90% of the time. That is correct. In gambling whenever player gambles longer period house got a better chance to win because gambler can't be always lucky and only luck can bring money in gambling. That's why all casinos will come up with new attractive games to keep players busy for longer period on the site.
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chaser15
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October 06, 2016, 08:51:56 AM |
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For some reason I do think of it that way. Every time i do trading I cant hrlp but see myself taking a lot of risk with other coins which somehow I know were scam coins. I am just taking the risk of the possibility that I may profit from it.
Actually yes. Putting some money in other alts, even with bitcoin, is like taking a gamble if your money will grow or not. Both has risk and chances of lossing money is really possible. That's why I don't understand some people here that saying trading is not gambling since there is a strategy involved in trading which isn't present in gambling. The point here is, gambling money or in other words, risking the money. I also think its the same and the risks are also pretty equal to each other due to that I think that its almost the same. We can say that its almost the same in my eyes. Yes definitely it's the same since both parties placed money for risk. Since they are both risky, they have to be played with disciplined since chances of lossing money is really possible. But on the other hand, we can grab some profits too.
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wintermeasures
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October 06, 2016, 10:10:37 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) According To Me Trading is Different From Gambling and the Following Points Make Trading Differ From Gambling:- 1) As You Know That Trading Doesn't Depends Upon Your Luck And It Depends On Your Expertise and Your Knowledge In Trading But Gambling Depends Upon Pure Luck.... 2) Trading Involves Less Risk As Compare to Gambling Activities.....
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Stedsm
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October 06, 2016, 02:36:24 PM |
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Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.
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danherbias07
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October 06, 2016, 02:43:15 PM |
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Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.
That is the big difference. In gambling you lose it instantly while in trading there is this last minute that you can save your coins from plunging down. There would still be something left better than nothing.a
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gabmen
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October 06, 2016, 02:54:25 PM |
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Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.
The thing with trading ia even if you are in a way, gambling here, its a calculated gamble. Also experience plays a big part with trading compared to when you're playing mostly with luck.
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patt0
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October 06, 2016, 03:17:19 PM |
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Yes, trading can be considered gambling as both need luck because markets may go against us and during that situation, we cannot do anything. The only advantage we get here is we are able to cut the losses by getting out earlier, while in gambling, once it goes, it never comes back.
That is the big difference. In gambling you lose it instantly while in trading there is this last minute that you can save your coins from plunging down. There would still be something left better than nothing.a Well that doesn't always work. I know that's the point and it should be like that, but sometimes the market goes completely against you and you end up losing everything as well. No point in closing the trade, because it's the same as losing all the stack you were using. I'm not a very good example because I sucked at trading and stoped, but I ended up losing entire stacks not because I did not follow my exit strategy, but because the market just went completely the wrong way and there was nothing left to do than accepting a complete lost, like a "normal bet".
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