Do you consider trading as gambling?

[teilwalL05]

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

If you go for trading without any knowledge of trading then surely it is same as gambling because you will by trading just by guessing price may go up or down and results only depend only on luck. But if you have knowledge and can go for long trade then it is a different story, and you can make some good profit from trading. As per me both are not same if you manage it properly.

Agreed, if you don't have enough knowledge in trading or enough seminars about this it will also become risky like gambling, NO assurance and NO plan at all. You will also lose money here or worst bankruptcy.

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[mirakal]

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

If you go for trading without any knowledge of trading then surely it is same as gambling because you will by trading just by guessing price may go up or down and results only depend only on luck. But if you have knowledge and can go for long trade then it is a different story, and you can make some good profit from trading. As per me both are not same if you manage it properly.

Agreed, if you don't have enough knowledge in trading or enough seminars about this it will also become risky like gambling, NO assurance and NO plan at all. You will also lose money here or worst bankruptcy.

There are a lot of information and seminars online where you can learn for free, so for serious gambler it's just right to have a continues learning if we want a continues income. At first it's hard but when you learn the basics and your experience would help you, you will be successful in trading.

[BossMacko]

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?

I consider trading as a gambling because you are risking money also in trading, You can win or you can lose like in gambling. Trading will take time to win. In gambling you can win or you can lose instant. I like doing trading than playing other gambling games because trading is a bit easy if you know what you really are doing. I already profited a lot from trading alt coins to bitcoins than gambling like poker and dice.

[abhishek.g]

Lets go through a quick comparison :

Gambling :
1. You have no hold on what happen .
2. You spend money and you do not know whether it is going to be a complete loss or not.
3. Gambling depends on luck mostly.

Trading :
1. You have aome sort of hold and a big hold if you are trading individually.
2. You spend money and if you use an escrow you are damn safe if doing it individually. If doing it on exchangers or escrow websites you still have better chances and time to decide what to do.
3. Needs a mixture of luck and decisions made but more percentage is of the decisions you've made.

[Caladonian]

Lets go through a quick comparison :

Gambling :
1. You have no hold on what happen .
2. You spend money and you do not know whether it is going to be a complete loss or not.
3. Gambling depends on luck mostly.

Trading :
1. You have aome sort of hold and a big hold if you are trading individually.
2. You spend money and if you use an escrow you are damn safe if doing it individually. If doing it on exchangers or escrow websites you still have better chances and time to decide what to do.
3. Needs a mixture of luck and decisions made but more percentage is of the decisions you've made.

good point mate so better assess its all about risk management and i can say that this one can
help those who's thinking twice about trading better to look deeper from this analysis.

[futurebit640]

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?

I consider trading as a gambling because you are risking money also in trading, You can win or you can lose like in gambling. Trading will take time to win. In gambling you can win or you can lose instant. I like doing trading than playing other gambling games because trading is a bit easy if you know what you really are doing. I already profited a lot from trading alt coins to bitcoins than gambling like poker and dice.

Altcoin trading or Bitcoin trading is the right choice to compare gambling. In both methods, we will put our money at risk, and in Trading the profit percentage is less but if we do trade with the right person or company I am sure we will make a profit. The gambling is not like that it is fully different it's all depends on our luck.

[sabbirshm]

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?

No,I don't consider trading as gambling.They are not same fully.Because trading doesn't need luck but gambling needs luck.Trading depends on your skill, experience, knowledge  but gambling won't help you for these.So,I don't takes trading as a gambling.

[kotwica666]

Lets go through a quick comparison :

Gambling :
1. You have no hold on what happen .
2. You spend money and you do not know whether it is going to be a complete loss or not.
3. Gambling depends on luck mostly.

Trading :
1. You have aome sort of hold and a big hold if you are trading individually.
2. You spend money and if you use an escrow you are damn safe if doing it individually. If doing it on exchangers or escrow websites you still have better chances and time to decide what to do.
3. Needs a mixture of luck and decisions made but more percentage is of the decisions you've made.

Gambling:
1. In poker and sports betting, if you have experience, you can control what happens.
2. again it all depends on skills and experience. (I'm not talking about slot machines or similar ..)
3. Partial - when you play slots, blackjack or other "lottery"

Commercial:
1/2. It all depends on what you trade. The main traded on this forum are altcoins - is a high risk trade, so even if you are experienced, you always will be dependent on luck.
3. It will primarily depend on luck, because even very professional analyses not help against teams pump and dump or whales that manipulate prices.

Other thing is when you trade currencies (USD, EUR) or gold, oil.

[TheUltraElite]

Well if you put all your money into trading and then think that rising bitcoin prices will help you get huge profits then you may consider the trade as a gamble - something very popular in the stock market.

In other words gamble is more risky and trading is about luck for sure but along with it comes analysis and proper understanding of the market, along with probability of the market to rise or crash based on the panicky-huge-volume traders who are easily influenced by the common FUD schemes that we see on the forums and social media.

Trading and gambling are different. Period

[Blitzboy]

I put them at same place and make no difference between gambling ans trading since both are risky. Trading some people say is not like gambling and there are patterns and charts to learn if that was true then people were not loosing money in trading. You can loose money in both as factor of risk is in both they are same for me as well.

For me, they are quite different from each other, though. In gambling, you usually need the luck to win a game while trading does not require this element. As you can see, you can not predict what will  happen. But in trading, you can analyze chart and news in order to make a good decision, to buy or to sell currency at a time. You also need luck in trading, but it is not very important thing which can make a significant impact to your trading career

[zombie007]

Just like what I said here: https://bitcointalk.org/index.php?topic=1290215.msg15453353#msg15453353

Trading is one example of gambling. Why?
Because gambling is basically putting your money to risk.
You may lose your money if you did not predicted nicely.

This might be the reason of approaching your trading to test your luck. You need to have some skills to make profits from trading. Other wise, you will end up in finding your trading similar to gambling. I am not ready to accept trading as gambling.

well said, in trading we really need more education before you start trading because if not that is also the same result in gambling, you trade without learning. and you will end up losing money. But don't think that trading is similar to gambling.

Trading and gambling is very similar if we talk about "risk" but in trading you can still get small amount of money if that altcoin price goes down but in gambling you cannot recover your money if you have lose, if you think that you're luck then try gambling for fun and not to profit, if you have lose so much then blame yourself and not gambling since gambling is for those who have skill and can control emotion and one last note before you trade just search it first before you invest.

as risk of loosing money is involve in both trading and gambling, both can also give you good income. then why in most of religions gambling is consider as sin while trading is HALAL income. there most be some hidden logic in this fact. people do trading proudly even if he is loosing money in trading people also show sympathy to him but if a person is loosing money in gambling then every one is instead angry with him and consider him as non sense. so we can conclude that trading and gambling are not the same thing,

[wuvdoll]

Lets go through a quick comparison :

Gambling :
1. You have no hold on what happen .
2. You spend money and you do not know whether it is going to be a complete loss or not.
3. Gambling depends on luck mostly.

Trading :
1. You have aome sort of hold and a big hold if you are trading individually.
2. You spend money and if you use an escrow you are damn safe if doing it individually. If doing it on exchangers or escrow websites you still have better chances and time to decide what to do.
3. Needs a mixture of luck and decisions made but more percentage is of the decisions you've made.

1. what is the 'hold' and how trading individually will have it in big ?
2. The trading and exchanging are literally same but has big differences in real life and needs to be used these terms accordingly. Escrows are applicable only for exchanging.
3. This is the right differences between trading and gambling. A trading may turn as gambling but vice versa is not possible.

[Mr.grin]

I put them at same place and make no difference between gambling ans trading since both are risky. Trading some people say is not like gambling and there are patterns and charts to learn if that was true then people were not loosing money in trading. You can loose money in both as factor of risk is in both they are same for me as well.

For me, they are quite different from each other, though. In gambling, you usually need the luck to win a game while trading does not require this element. As you can see, you can not predict what will  happen. But in trading, you can analyze chart and news in order to make a good decision, to buy or to sell currency at a time. You also need luck in trading, but it is not very important thing which can make a significant impact to your trading career

Well, I agree with you, however, in addition to luck, you also need the knowledge and experience in the world of trading. Well, in gambling I think you need more luck that many of the experiences and knowledge, because without luck, it will be very difficult to make a satisfactory outcome

[katrimans]

I put them at same place and make no difference between gambling ans trading since both are risky. Trading some people say is not like gambling and there are patterns and charts to learn if that was true then people were not loosing money in trading. You can loose money in both as factor of risk is in both they are same for me as well.

For me, they are quite different from each other, though. In gambling, you usually need the luck to win a game while trading does not require this element. As you can see, you can not predict what will  happen. But in trading, you can analyze chart and news in order to make a good decision, to buy or to sell currency at a time. You also need luck in trading, but it is not very important thing which can make a significant impact to your trading career

Well, I agree with you, however, in addition to luck, you also need the knowledge and experience in the world of trading. Well, in gambling I think you need more luck that many of the experiences and knowledge, because without luck, it will be very difficult to make a satisfactory outcome

If you ask a Forex trader, he would say there is no difference between gambling and his trading due to high fluctuations, Forex trading is simply equivalent to gambling only with luck one trader may book profits there. So, based on market conditions trading can be gambling and gambling like sports betting may turn trading.

[lite]

I put them at same place and make no difference between gambling ans trading since both are risky. Trading some people say is not like gambling and there are patterns and charts to learn if that was true then people were not loosing money in trading. You can loose money in both as factor of risk is in both they are same for me as well.

For me, they are quite different from each other, though. In gambling, you usually need the luck to win a game while trading does not require this element. As you can see, you can not predict what will  happen. But in trading, you can analyze chart and news in order to make a good decision, to buy or to sell currency at a time. You also need luck in trading, but it is not very important thing which can make a significant impact to your trading career

Well, I agree with you, however, in addition to luck, you also need the knowledge and experience in the world of trading. Well, in gambling I think you need more luck that many of the experiences and knowledge, because without luck, it will be very difficult to make a satisfactory outcome

That's true, gambling is all about luck whereas trading is luck and skill/knowledge. the profit is slow in trading, but at least you won't lose big like in gambling.

[olubams]

I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...

[Doamader]

I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...

Well in both you are playing against others, being just a casino script or whales, as you are putting your coins into a risk i would consider the same, even knowing a small difference between, that is be able to control the loss or winnings when you risking to gamble.

[stadus]

I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...

Well in both you are playing against others, being just a casino script or whales, as you are putting your coins into a risk i would consider the same, even knowing a small difference between, that is be able to control the loss or winnings when you risking to gamble.

Base on facts, in gambling we have a less chance of winning while trading we have a great chance of becoming successful if and only we will have to work for it. In gambling it's different as most of time you rely on luck but in trading you cannot rely on luck alone as the more you are knowledgeable you will develop your skills.

[klf]

I do not consider same because their different ways of losing in the sense that in gambling the chances of me losing is higher which could also be unfair, even after the "provably fair" slogan and I could not verify or I'm not even sure of that unlike trading when I lose, then I know I'm not the only in the box and I can even win back my losses overnight unlike gambling...

Well in both you are playing against others, being just a casino script or whales, as you are putting your coins into a risk i would consider the same, even knowing a small difference between, that is be able to control the loss or winnings when you risking to gamble.

Base on facts, in gambling we have a less chance of winning while trading we have a great chance of becoming successful if and only we will have to work for it. In gambling it's different as most of time you rely on luck but in trading you cannot rely on luck alone as the more you are knowledgeable you will develop your skills.

I do agree that gambling is only for fun and not for making money because end results only depend on luck. But if you have knowledge of trading and ready to go for long then one got a better chance of making profits in trading. But don't go for trading if you don't have a knowledge of it because it will be same as gambling

[passwordnow]

I put them at same place and make no difference between gambling ans trading since both are risky. Trading some people say is not like gambling and there are patterns and charts to learn if that was true then people were not loosing money in trading. You can loose money in both as factor of risk is in both they are same for me as well.

For me, they are quite different from each other, though. In gambling, you usually need the luck to win a game while trading does not require this element. As you can see, you can not predict what will  happen. But in trading, you can analyze chart and news in order to make a good decision, to buy or to sell currency at a time. You also need luck in trading, but it is not very important thing which can make a significant impact to your trading career

Well, I agree with you, however, in addition to luck, you also need the knowledge and experience in the world of trading. Well, in gambling I think you need more luck that many of the experiences and knowledge, because without luck, it will be very difficult to make a satisfactory outcome

That's true, gambling is all about luck whereas trading is luck and skill/knowledge. the profit is slow in trading, but at least you won't lose big like in gambling.

If you will just some up that profit in gambling is even slower, because the cycle goes on that you will earn big amount of bitcoins and afterwards the house edge is able to recover your winnings by every little single lose that you are making. I am just taking trading as both as gambling because it is a type of investment and all of them are risky.