Bitcoin Forum
April 16, 2024, 03:29:37 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 [95] 96 97 98 99 100 101 »
  Print  
Author Topic: Do you consider trading as gambling?  (Read 47257 times)
Zenithar
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


View Profile
June 22, 2017, 10:09:21 PM
 #1881

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.
There are both the same kind of investment, but there are not the same giving way of profit in terms of a short term and long term investment. Because gambling always gives losses of money most of the time.
to me although there is a big difference between the two. as we do not consider gambling as a proper business and most of the people play gambling for on special occasions and not as regular, they even investing money and play it for makin money but in fact they still consider that they can get pleasure and enjoyment while playing gambling, but while we are talking about trading so trading is a pure business and we always take it as serious and use trading for making as our future business.
1713281377
Hero Member
*
Offline Offline

Posts: 1713281377

View Profile Personal Message (Offline)

Ignore
1713281377
Reply with quote  #2

1713281377
Report to moderator
1713281377
Hero Member
*
Offline Offline

Posts: 1713281377

View Profile Personal Message (Offline)

Ignore
1713281377
Reply with quote  #2

1713281377
Report to moderator
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Jewell
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500



View Profile
June 22, 2017, 11:12:40 PM
 #1882

That's not true. Gambling and trading gives the best Profiting. Just because of that we're risking our hard earned money. With gambling the Profiting is 50% based on luck, while with trading the profiting chance can be increased based on one's knowledge.

if there is no risk then there is no reward. Im sure that alot of people are going to take the risk no matter what. Some people are desperate enough to make some money until they dont really think about what will happen anymore. Most people think they are the same while in fact there are difference that separate both of these
yes most of the people play gambling for getting the reward and to make money, and for this they need to invest money and put their own money in risk because without taking risk there is no such way through which we can make money. in gambling although most of the people lose their money but still they try to invest more money for playing gambling, the only reason for which they compel to play again and again is that they consider it as one of the most easiest and shortest way of making money, but they realize the fact when they lose everything in gambling because majority of people do not play gambling in a limit.
michaelch
Sr. Member
****
Offline Offline

Activity: 283
Merit: 250



View Profile
July 08, 2017, 12:35:42 AM
 #1883

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

Trading is almost like gambling. Especially if it is not skill based but relies more on luck than anything else.

The best thing to do is long-term investment, especially in stuff like real estate, gold, bitcoin and companies, that will give you long-term and stable growth. It won't come overnight, but definitely will grow larger in the future.
mrcash02
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 525

CryptoTalk.Org - Get Paid for every Post!


View Profile
July 08, 2017, 12:48:12 AM
 #1884

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

Trading is almost like gambling. Especially if it is not skill based but relies more on luck than anything else.

The best thing to do is long-term investment, especially in stuff like real estate, gold, bitcoin and companies, that will give you long-term and stable growth. It won't come overnight, but definitely will grow larger in the future.

I prefer to go by this way you pointed too, solid and safe investments. But traders and gamblers are looking for instantly profit, it's a different kind of investor, some of them because they need money to invest in something bigger like real estates, but others because they want simpler ways to make profit and with high % returns. Trading and gambling are almost the same if we consider sports betting instead of Dice game to make the comparison.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
jerowacik
Legendary
*
Offline Offline

Activity: 1162
Merit: 1000



View Profile
July 08, 2017, 01:10:51 AM
 #1885

That's not true. Gambling and trading gives the best Profiting. Just because of that we're risking our hard earned money. With gambling the Profiting is 50% based on luck, while with trading the profiting chance can be increased based on one's knowledge.

if there is no risk then there is no reward. Im sure that alot of people are going to take the risk no matter what. Some people are desperate enough to make some money until they dont really think about what will happen anymore. Most people think they are the same while in fact there are difference that separate both of these
If you look more specific then gambling has a higher risk. In the gambling game we can lose all the money we have, while trading will not spend all our money, even if the value of cryptocurrency decreases then we still can save some of our money.
stephanirain
Sr. Member
****
Offline Offline

Activity: 756
Merit: 257


Freshdice.com


View Profile
July 08, 2017, 07:11:27 AM
 #1886

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
In my own opinion i consider trading as a gambling because every time you trade you take risk just like gambling you take risk in everytime you bet in a certain rounds. But trading is more beneficial than gambling because there's a more chance in trading that you can double your money while gambling you have a chance to lose all of your money.

                           ░▓███▓▓▓▓▒▒          
                        ▒██▒      ▓██▓▒▒█▓▓▒      
                ░▓███▓▓▒▓▓██▓      ▒██████    
          ░▓███░      ▒█▓▒░  ▒███████████  
      ▒██▓▒░  ▒▓███▓      ▒▓▓▓█████████░  
  ░██▓        ▒▓▒░    ░▓▓▓▓▓███████▓███▓  
▓██▓▓▓▓▓▓▓▒    ░▒▒▓▓▓███████▓      ███  
███████▓▓▓▓▓▓▓▓▓▓▓████████      ░███▒
▒██▒▓██████▓▓▓▓▓▓██████████  ▒█████
  ▓█    ▒██▓▓▓▓▓▓▓▓██████████▓███████
    █▓    ▒██▓▓▓█▓▓▓████████▒    ░██████▒
    ▓██▒▓█▓▓▓▓▓█▓▓████████      ▒██████▓
      ██████▓█▓█▓█▓████████▒  ▓███████▒
       ▓███████████▓▓█████████████████
         ▓███████████▓█████░    ▓███████░
           ███████    ▓██████▓      ▓█████▓  
           ░▓█████▒    ▓██████    ▓████▓    
              ░▓████▓   ▒███████████▓      
                 ░▓█████████████▓▓▒        
                         ▒▓▓▓▓▓▓▓▓▓▓▒░            
Fresh Dice||||||Dice Now!
eann014
Hero Member
*****
Offline Offline

Activity: 1078
Merit: 501



View Profile
July 08, 2017, 07:27:05 AM
 #1887

Like I said before.

If you have no idea what you are doing in the stock markets or the forex markets then its not different from gambling on dice sites.


But if you have some fundamentals and technical knowledge and have an edge, then I wouldn't consider that gambling but investing instead.
I agree, we need to have knowledge in trading because if not trading is also like gambling that you bet your money with no assurance, but if you have enough knowledge in trading it is better to trade than to gamble. But Gambling and trading is not the same they are still deifferent of the two, it is depend on a person on how they will consider trading and gambling.
erwin45hacked
Legendary
*
Offline Offline

Activity: 1064
Merit: 1000



View Profile
July 08, 2017, 08:22:17 AM
 #1888

I agree, we need to have knowledge in trading because if not trading is also like gambling that you bet your money with no assurance, but if you have enough knowledge in trading it is better to trade than to gamble. But Gambling and trading is not the same they are still deifferent of the two, it is depend on a person on how they will consider trading and gambling.

It is not really knowledge because all you need to have is just some rumours of what the pump will be, It is based on speculation because that is all that happens behind the scene of altcoin trading. In conclusion it is pretty much the same as gambling unless that you are 'playing' with speculator instead of the house
ultrloa
Legendary
*
Offline Offline

Activity: 2730
Merit: 1225



View Profile WWW
July 08, 2017, 08:48:48 AM
 #1889

I agree, we need to have knowledge in trading because if not trading is also like gambling that you bet your money with no assurance, but if you have enough knowledge in trading it is better to trade than to gamble. But Gambling and trading is not the same they are still deifferent of the two, it is depend on a person on how they will consider trading and gambling.

It is not really knowledge because all you need to have is just some rumours of what the pump will be, It is based on speculation because that is all that happens behind the scene of altcoin trading. In conclusion it is pretty much the same as gambling unless that you are 'playing' with speculator instead of the house

Then if you don't have knowledge about those rumors wheter its true or not do you think you can earn with it? I think no since some of the said rumors are just made by those holders and most provably you will lose you money if you fall for there trap so thats why we need some knowledge so that we can escape it if things becoming worst for some certain fuds around.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
iced21
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
July 08, 2017, 08:54:18 AM
 #1890

Depends, it's not even a point for discussion that under certain circumstances, trading is the same as gambling in anyway, that is when trading is done randomly without analysis or indicators, That makes it a form of gambling and the same happens in Forex.
But if the trading was done with Analysis (whatever type), I consider it actual trading like stocks and the like.
Betwrong
Legendary
*
Offline Offline

Activity: 3248
Merit: 2135


It's underdogs who win in the end


View Profile
July 08, 2017, 08:57:05 AM
 #1891

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

Trading is almost like gambling. Especially if it is not skill based but relies more on luck than anything else.

The best thing to do is long-term investment, especially in stuff like real estate, gold, bitcoin and companies, that will give you long-term and stable growth. It won't come overnight, but definitely will grow larger in the future.

Even a skill based trading resembles gambling, but yes it's more like skill based gambling, like poker or sports.

I agree that long-term investment is much less risky and that's why it is much better to do than to take risks, especially  when you are not a big expert in the field.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
PCBTCx
Newbie
*
Offline Offline

Activity: 5
Merit: 0


View Profile
July 08, 2017, 10:17:17 AM
 #1892

Trading can be very close to gambling IMO if done randomly and without better using your abilities of market prediction and it can be a sort of gambling but a little different.
However trading can be a good no-gambling investment if done in a correct way with effort and preparation.
Caladonian
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 540


View Profile
July 08, 2017, 11:21:19 AM
 #1893

Trading can be very close to gambling IMO if done randomly and without better using your abilities of market prediction and it can be a sort of gambling but a little different.
However trading can be a good no-gambling investment if done in a correct way with effort and preparation.
if you are well aware of the trade that you will going to support then you are not gambling your money since the only thing that you should possess is patience since time is your friend but with actual gambling luck is your best buddy, so they have some similarities but individually if practice correctly.
Wildwest
Sr. Member
****
Offline Offline

Activity: 1700
Merit: 308


Binance #Smart World Global Token


View Profile
July 08, 2017, 11:21:38 AM
 #1894

For me, I do not consider trading as gambling. From how to get it alone is very different when by playing gambling. Trading is waiting for the right time to buy cheap or sell at high prices could be considered as an investment. Requires patience in doing it, although both require deep patience. In my country get bitcoin by gambling way is not right. While trading in my opinion it has nothing to do with gambling.


.SWG.io.













█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







4.45






eann014
Hero Member
*****
Offline Offline

Activity: 1078
Merit: 501



View Profile
July 08, 2017, 01:05:48 PM
 #1895

I agree, we need to have knowledge in trading because if not trading is also like gambling that you bet your money with no assurance, but if you have enough knowledge in trading it is better to trade than to gamble. But Gambling and trading is not the same they are still deifferent of the two, it is depend on a person on how they will consider trading and gambling.

It is not really knowledge because all you need to have is just some rumours of what the pump will be, It is based on speculation because that is all that happens behind the scene of altcoin trading. In conclusion it is pretty much the same as gambling unless that you are 'playing' with speculator instead of the house

Then if you don't have knowledge about those rumors wheter its true or not do you think you can earn with it? I think no since some of the said rumors are just made by those holders and most provably you will lose you money if you fall for there trap so thats why we need some knowledge so that we can escape it if things becoming worst for some certain fuds around.
Yes, we need some knowledge in trading because if not we will have any idea of when we will going to buy or sell, we need to check every single day of how was happening in trading when it is going up or down, if we don't have knowledge how can have rumors? We need to be careful because it is money involve here so why don't we need knowledge? And we cannot consider trading as a gambling because they are different.
crazycatwoman03
Sr. Member
****
Offline Offline

Activity: 588
Merit: 250



View Profile
July 08, 2017, 01:18:05 PM
 #1896

For me, I do not consider trading as gambling. From how to get it alone is very different when by playing gambling. Trading is waiting for the right time to buy cheap or sell at high prices could be considered as an investment. Requires patience in doing it, although both require deep patience. In my country get bitcoin by gambling way is not right. While trading in my opinion it has nothing to do with gambling.
Right, for me it has a big difference. Trading is getting of sure profit while gambling is no assurance for profit. I said this because trading in bitcoin is needed only the right time for buying and the right time for selling for sure profit. Maybe it is the same in money involve but looking for best way of profit I go for trading even they need to sacrifice a time and money it is legal unlike gambling that are usually banned. If we consider the trading is a gambling why more people choose to trade their goods/money to get a profit and why this is legal in our society? My point is trading can done by everyone without hiding to the law.

INVALID BBCODE: close of unopened tag in table (1)
milewilda
Legendary
*
Offline Offline

Activity: 3080
Merit: 1126



View Profile
July 08, 2017, 02:11:37 PM
 #1897

I agree, we need to have knowledge in trading because if not trading is also like gambling that you bet your money with no assurance, but if you have enough knowledge in trading it is better to trade than to gamble. But Gambling and trading is not the same they are still deifferent of the two, it is depend on a person on how they will consider trading and gambling.

It is not really knowledge because all you need to have is just some rumours of what the pump will be, It is based on speculation because that is all that happens behind the scene of altcoin trading. In conclusion it is pretty much the same as gambling unless that you are 'playing' with speculator instead of the house

Then if you don't have knowledge about those rumors wheter its true or not do you think you can earn with it? I think no since some of the said rumors are just made by those holders and most provably you will lose you money if you fall for there trap so thats why we need some knowledge so that we can escape it if things becoming worst for some certain fuds around.
Yes, we need some knowledge in trading because if not we will have any idea of when we will going to buy or sell, we need to check every single day of how was happening in trading when it is going up or down, if we don't have knowledge how can have rumors? We need to be careful because it is money involve here so why don't we need knowledge? And we cannot consider trading as a gambling because they are different.
Yes, we can somehow compared trading as a gambling and as you said if you are not trading well lets say you dont really have idea on whats going to trade and which one would you buy then you are totally gambling your money to earn money because you dont have basis on doing such action on doing trading we really need to analyze every coin that we bought and the critical part is when to sell and when to buy out.

Wintorez
Member
**
Offline Offline

Activity: 109
Merit: 100



View Profile
July 08, 2017, 05:01:35 PM
 #1898

What is gambling? It's almost fun And a waste of money. If a person is engaged in trade, Yes it is a purposeful direction of the basis to make money. It turns out that these are actually two opposite things.

............It's never late to buy BTC for $1.........
........Services-backed cryptocurrency of $1 000 000 000 000 market .........
..............
...........PRE ICO            Sep.27 – Oct.04............
       ............ICO            Oct.10 – Nov.07............
...................ANN thread      Bounty....................

JL421
Hero Member
*****
Offline Offline

Activity: 812
Merit: 510


View Profile
July 08, 2017, 05:52:14 PM
 #1899

If you just buy a coin and hold and get really good profit you can't call it gambling as you got the profit just by holding it. Gambling in trading is pumping a coin to a really high price in a short period and then selling it which leads to a dump. Earning profit or loss with this way doesn't matter it is considered as gambling
zenith07
Newbie
*
Offline Offline

Activity: 2
Merit: 0


View Profile
July 08, 2017, 06:39:12 PM
 #1900

Nah, I mostly avoid doing that when trading because with that, I lowered the possibility of success in trading which is better than randomly gambling if you know what you want out of it and trading with professionalism can be more profitable IMO, also Option trading for example is gambling, considering no one can predict the exact direction of movement in a short time of 60 seconds or so.
Pages: « 1 ... 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 [95] 96 97 98 99 100 101 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!