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Author Topic: Do you consider trading as gambling?  (Read 47278 times)
MinerHQ
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February 25, 2017, 01:19:37 AM
 #1661

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

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.
Agree! And trading is more on patience; we need more patience in trading because before we earn money, it will really take time and effort just to achieve our goals.

I kind of agree with that but i think trading also in a way is affected by luck. Though not as much as when you play dice where you are entirely reliant in it. Trading not only need patience but knowing the right timing. So for me while luck is the main factor when it comes to most gambling games, for trading it's experience. The more time you spend in trading the more you will be exposed to the movements of altcoins and the more you'll learn how to effectively time when to buy and sell
yes that is a fact that in trading although you are depending yon your luck but still if you have some experience in trading then you can increases the chances of your winning. while gambling totally depend on your luck.

If your trading without any knowledge then only it is like gambling because you don't know the basics of trading and investing money by thinking that either price may go up or down. This kind of gambling is very dangerous, and one shouldn't do it. Before going to trading, you should learn how it works and starts with a small amount until you understand how trading works.
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March 25, 2017, 07:49:52 PM
 #1662

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.
People in this world really have their own meaning about in Trading, well for me I do not think that Trading is just like a gambling, majority of the people in this industry, gambling was just a game of relax and entertainment only. And trading for me is a place where I can grow my assets which is altcoin using my technical analysis to minimize my loss unlike in gambling its hard to minimize your losses in the games.
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March 25, 2017, 07:59:10 PM
 #1663

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

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.
Agree! And trading is more on patience; we need more patience in trading because before we earn money, it will really take time and effort just to achieve our goals.
Yes patience is required but along with that urgent action is also required sometimes like when the price come down then at that time the traders try to buy more bitcoins and at that time if someone will be in patience and will wait for more good time then he will be at mistake as no one know that when the price once again start to increase.
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March 25, 2017, 09:19:44 PM
 #1664

Yes, trading is gambling since you take chances with the commodities or currencies market. You can loose everything and gain everything just as in hard core gambling so I will classify it as gambling too.
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March 25, 2017, 10:51:49 PM
 #1665

Yes, trading is gambling since you take chances with the commodities or currencies market. You can loose everything and gain everything just as in hard core gambling so I will classify it as gambling too.

There is a vast difference between trading and gambling and cannot be treated as same as gambling is totally dependent on luck and no strategy can help you in winning or making profits but in trading if you have a good knowledge about the market and if you have a good strategy then there is always a chance of making decent profits on regular basis.

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March 26, 2017, 06:12:11 AM
 #1666

Yes, trading is gambling since you take chances with the commodities or currencies market. You can loose everything and gain everything just as in hard core gambling so I will classify it as gambling too.

There is a vast difference between trading and gambling and cannot be treated as same as gambling is totally dependent on luck and no strategy can help you in winning or making profits but in trading if you have a good knowledge about the market and if you have a good strategy then there is always a chance of making decent profits on regular basis.
No. There are strategies for gambling, but will work for experienced gamblers and not for each and every gambler. But in trading the strategies will work for all the traders to get them profits. This maybe the significant differences between trading and gambling and misunderstanding about this, makes people to consider trading as gambling.

Trading could become gambling but proper knowledge will safeguard us to trade in profitable way.
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March 26, 2017, 06:22:29 AM
 #1667

Yes, trading is gambling since you take chances with the commodities or currencies market. You can loose everything and gain everything just as in hard core gambling so I will classify it as gambling too.

There is a vast difference between trading and gambling and cannot be treated as same as gambling is totally dependent on luck and no strategy can help you in winning or making profits but in trading if you have a good knowledge about the market and if you have a good strategy then there is always a chance of making decent profits on regular basis.
Trading and gambling differ by the way it's used to make profit. Gambling as said completely depends upon the luck even though we make strategies. One thing that makes trading better is the handful of opportunities that we get to minimize the loss with several business tactics.

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March 26, 2017, 06:24:45 AM
 #1668

Yes, trading is gambling since you take chances with the commodities or currencies market. You can loose everything and gain everything just as in hard core gambling so I will classify it as gambling too.

There is a vast difference between trading and gambling and cannot be treated as same as gambling is totally dependent on luck and no strategy can help you in winning or making profits but in trading if you have a good knowledge about the market and if you have a good strategy then there is always a chance of making decent profits on regular basis.
No. There are strategies for gambling, but will work for experienced gamblers and not for each and every gambler. But in trading the strategies will work for all the traders to get them profits. This maybe the significant differences between trading and gambling and misunderstanding about this, makes people to consider trading as gambling.

Trading could become gambling but proper knowledge will safeguard us to trade in profitable way.

even there is a strategies for gambling, i am sure that not all gamblers can use it and only gambler that have a luck that can be success to reach big money and the rest is not luck and only gets broke. and this is what i choose to do trading than playing gambling because in trading, i can learn many thing that could help me to gain profit in everyday although the profit is depend on how much bitcoin i can spend for doing trading.

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March 26, 2017, 06:26:12 AM
 #1669

Yes, trading is gambling since you take chances with the commodities or currencies market. You can loose everything and gain everything just as in hard core gambling so I will classify it as gambling too.

There is a vast difference between trading and gambling and cannot be treated as same as gambling is totally dependent on luck and no strategy can help you in winning or making profits but in trading if you have a good knowledge about the market and if you have a good strategy then there is always a chance of making decent profits on regular basis.
Trading and gambling differ by the way it's used to make profit. Gambling as said completely depends upon the luck even though we make strategies. One thing that makes trading better is the handful of opportunities that we get to minimize the loss with several business tactics.
But there are gambling games that do need experience but most of the time it does need luck for you to be able to make profits and you are right they have different way on making profit since on trading you can possible maximize your profits depending on how you gonna trade and how will you create your own trading pattern or styles which would give you decent income on it even on long term basis which isnt possible on gambling.
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March 26, 2017, 07:29:11 AM
 #1670

Yes, trading is gambling since you take chances with the commodities or currencies market. You can loose everything and gain everything just as in hard core gambling so I will classify it as gambling too.

There is a vast difference between trading and gambling and cannot be treated as same as gambling is totally dependent on luck and no strategy can help you in winning or making profits but in trading if you have a good knowledge about the market and if you have a good strategy then there is always a chance of making decent profits on regular basis.
Trading and gambling differ by the way it's used to make profit. Gambling as said completely depends upon the luck even though we make strategies. One thing that makes trading better is the handful of opportunities that we get to minimize the loss with several business tactics.
But there are gambling games that do need experience but most of the time it does need luck for you to be able to make profits and you are right they have different way on making profit since on trading you can possible maximize your profits depending on how you gonna trade and how will you create your own trading pattern or styles which would give you decent income on it even on long term basis which isnt possible on gambling.
If it does need experience you need to play it only for fun, you won't win if you lack experience and skills in gambling, this is the hardest venture in
our life which most of period who tried to win suffers the lose in the long run. Trading can give us a good chance to make money and as long as we
keep educating ourselves, eventually we will learn and be stable with our strategies to be successful in the long run.

Simple analysis is what you need, look at the comparison of the two, in gambling there are a lot of people telling they cannot win but in trading there's plenty of people trading is the key to make a good amount of money.

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March 26, 2017, 07:35:20 AM
 #1671

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

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.
Agree! And trading is more on patience; we need more patience in trading because before we earn money, it will really take time and effort just to achieve our goals.

And of course we need knowledge about Trading, and yes, patience is the one of the thing that we must have in Trading, because if you are not going to be patient and just going to buy and sell Altcoins that you are going to trade, then I might say that you are just wasting your money. Trading is a very complicated thing to do, because you are predicting the future of Altcoins where you invested your money. You need to be wise and tough about this, because sometimes, you will lose a huge profit, which is a part of being a Trader.
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March 26, 2017, 12:19:54 PM
 #1672

So far as trading involves risk I see it as gambling too even through the risk of losing out in trading is moderate compared to gambling games which can empty your pocket at an instance.
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March 26, 2017, 12:27:03 PM
 #1673

So far as trading involves risk I see it as gambling too even through the risk of losing out in trading is moderate compared to gambling games which can empty your pocket at an instance.

Mostly it depends on our experience how tricky we are pick the right option which really has potential to rise. From last few days altcoins market reacting so well and everybody is making decent profit.
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March 26, 2017, 01:13:16 PM
 #1674

No because one's you trade something like a product you will see something that will benefit from what you trade eventhough if it isn't equal to what you are expecting. However in some cases there are traders who consider trading as gamble because therewere some iinstances that they will get more from what they expected.



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Rainbot
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March 26, 2017, 01:51:28 PM
 #1675

So far as trading involves risk I see it as gambling too even through the risk of losing out in trading is moderate compared to gambling games which can empty your pocket at an instance.

Mostly it depends on our experience how tricky we are pick the right option which really has potential to rise. From last few days altcoins market reacting so well and everybody is making decent profit.
that's right if you look into the market alt coin really taking advantage with current btc issue and if you study well regarding to the movement
for sure you are not doing any gamble you are just taking advantage to enjoying the ride, its always advise to study deeper when it comes to
trading because potentials is really big inside this business.
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March 26, 2017, 02:06:33 PM
 #1676

I really believe that trading is gambling it's just a centralized type of gambling. People made trading as innovative type of investment.

But the real thing behind it's concept is gambling, so I do really prefer and will stand that trading is gambling.

Not only with it's risk but the whole concept.

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March 26, 2017, 02:11:48 PM
 #1677

I really believe that trading is gambling it's just a centralized type of gambling. People made trading as innovative type of investment.

But the real thing behind it's concept is gambling, so I do really prefer and will stand that trading is gambling.

Not only with it's risk but the whole concept.

It's happening around investment in crypto project is truly gambling because nobody knows what is happening and what future will decide about this. I also agreed with trading is just form of gambling much huge risks involve in trading too.
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March 26, 2017, 02:41:13 PM
 #1678

Some traders are no doubt gamblers, becaise they seek to think for the market instead of alinning with market dictates.  A case in hand can be the present debacle between miners and exchanges, it is enough signal for a trader to be wary of buying at this point in time, but with gamblibg,  you never can tell.
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March 26, 2017, 02:53:00 PM
 #1679

Some traders are no doubt gamblers, becaise they seek to think for the market instead of alinning with market dictates.  A case in hand can be the present debacle between miners and exchanges, it is enough signal for a trader to be wary of buying at this point in time, but with gamblibg,  you never can tell.

I believe it too that gamblers are traders and traders are gamblers too. So in sum up I consider that trading is gambling but you are gambling in a different way. To the perception of people trading isn't gambling because it's not that obvious that you are gambling your money for it and you are just using the term trading.

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March 26, 2017, 03:06:01 PM
 #1680

Some traders are no doubt gamblers, becaise they seek to think for the market instead of alinning with market dictates.  A case in hand can be the present debacle between miners and exchanges, it is enough signal for a trader to be wary of buying at this point in time, but with gamblibg,  you never can tell.

I believe it too that gamblers are traders and traders are gamblers too. So in sum up I consider that trading is gambling but you are gambling in a different way. To the perception of people trading isn't gambling because it's not that obvious that you are gambling your money for it and you are just using the term trading.

or maybe you think this because you have never tried trading professionally and more seriously. yes i agree completely that for some people trading is just like gambling and i have done so much of it now to know this for fact that in the early days you do it based on your gut and pure luck.
but after a while when you become more experienced you see things very differently. and in fact you start realizing that it wasn't really that random that you thought at first.

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