Do you consider trading as gambling?

[michaelch]

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?

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]

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?

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.

[jerowacik]

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]

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?

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.

[eann014]

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]

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]

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.

[iced21]

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]

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?

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.

[PCBTCx]

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]

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]

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.

[eann014]

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]

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.

[milewilda]

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]

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.

[JL421]

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]

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.

[marlboroza]

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

True, but buying and holding coin for long time is investment, not trading.
Pumping and dumping coin is not gambling, people who are behind big pumps and dumps know what they are doing, and buying coin when it is in bubble is stupidity not gambling.

[betMaster]

I definitely think that trading is a form of gambling since you are running the risk of losing your funds .
But it sure ain't that much of risk cause you won't lose everything since unlike gambling , trading isn't fully based on luck ,knowledge is very important in this field ,patience is too.
Waiting and knowing when to sell or buy is very important while when gambling you become impatient and can lose everything in no time .