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Question: Do you trade as well or just gamble?  (Voting closed: July 25, 2016, 03:11:52 AM)
Gamble Only - 3 (8.8%)
Trade Only - 7 (20.6%)
Both - 15 (44.1%)
Gamble More - 2 (5.9%)
Trade More - 7 (20.6%)
Total Voters: 34

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Author Topic: Trading vs Gambling  (Read 24519 times)
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July 25, 2017, 06:03:35 PM
 #941

My personal experience with trading is not so good but some people are expert in this, so that is why I think trading is more like to gamble, recently I picked a altcoin on very high price but dramatically it went 5x other day.
You are lucky with that altcoin then because usually the coins you will buy at peak price will dump hard next day  Grin

Yes trading is far better than simply gambling and for noobs trading is more like a gambling like you have did by buying one altcoin at high price.
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July 25, 2017, 09:51:50 PM
 #942

both can be really profitable but also can make you lose a lot, gambling will ruin you faster tho
I don't think that gambling is profitable same as trading. For me, gambling is not profitable in the end, yes trading and gambling is almost the same because it has a money involves. But the concept has a big difference, trading can get a sure profit and you need to observed the flow to make a good result. Compare to gambling that has no assurance of profit, the only who win is the owner, and all people in gambling site was be the loser. Yes gambling is one way to get an easy income but the truth is the easy money is so easy to consume.



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July 25, 2017, 10:23:51 PM
 #943

My personal experience with trading is not so good but some people are expert in this, so that is why I think trading is more like to gamble, recently I picked a altcoin on very high price but dramatically it went 5x other day.
You are lucky with that altcoin then because usually the coins you will buy at peak price will dump hard next day  Grin

Yes trading is far better than simply gambling and for noobs trading is more like a gambling like you have did by buying one altcoin at high price.
Never buy bitcoin at peak because most likely it will back to normal price and you cannot dispose it for profit, expert says always buy at dip.
Gambling is not a money making activities for me therefore trading is always better, however since both gives me a fun in life, I still gamble despite not getting any money from it, at least I am having fun and that's all I need to balance my daily activities in life.

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July 25, 2017, 10:30:09 PM
 #944

In trade and in gambling there is a risk, but in trade you can analyze and receive a stable income. Gambling is created for entertainment and it is not appropriate to consider them as a means of earning.

i think in trade there are no stable income because we don't know when the coins is down and up. but in trading we can make income depend on how much we trade and how much the profit we can get. but in gambling, once you are lose, then you can not recover your money again in that day or even in other days so its better doing trading.
Trading and gambling will always be a too good to be true business.
That's why it is almost impossible for you to get a steady income through both ways.
I just think trading a little bit reliable rather than gambling because of various reasons such as gambling with its probability always have an odds that against the players , it is the biggest disadvantage.
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July 26, 2017, 12:53:45 PM
 #945

My personal experience with trading is not so good but some people are expert in this, so that is why I think trading is more like to gamble, recently I picked a altcoin on very high price but dramatically it went 5x other day.
You are lucky with that altcoin then because usually the coins you will buy at peak price will dump hard next day  Grin

Yes trading is far better than simply gambling and for noobs trading is more like a gambling like you have did by buying one altcoin at high price.
Definitely , almost all of the altcoins after reaching its peak dumps ,but in that case i think its starting up and i think its not yet at the peak that why it goes 5x more . Its good already don't aim for bigger without knowledge that amount will be only lose in investing without a proper knowledge that is why trading looks like gambling .

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July 30, 2017, 12:02:27 PM
 #946

My personal experience with trading is not so good but some people are expert in this, so that is why I think trading is more like to gamble, recently I picked a altcoin on very high price but dramatically it went 5x other day.
You are lucky with that altcoin then because usually the coins you will buy at peak price will dump hard next day  Grin

Yes trading is far better than simply gambling and for noobs trading is more like a gambling like you have did by buying one altcoin at high price.
Definitely , almost all of the altcoins after reaching its peak dumps ,but in that case i think its starting up and i think its not yet at the peak that why it goes 5x more . Its good already don't aim for bigger without knowledge that amount will be only lose in investing without a proper knowledge that is why trading looks like gambling .
True. Current market is good for stocking up on some altcoins though. Most will appreciate substantially before or until Christmas or new year's eve.
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July 30, 2017, 05:42:41 PM
 #947

My personal experience with trading is not so good but some people are expert in this, so that is why I think trading is more like to gamble, recently I picked a altcoin on very high price but dramatically it went 5x other day.
You are lucky with that altcoin then because usually the coins you will buy at peak price will dump hard next day  Grin

Yes trading is far better than simply gambling and for noobs trading is more like a gambling like you have did by buying one altcoin at high price.
Definitely , almost all of the altcoins after reaching its peak dumps ,but in that case i think its starting up and i think its not yet at the peak that why it goes 5x more . Its good already don't aim for bigger without knowledge that amount will be only lose in investing without a proper knowledge that is why trading looks like gambling .
True. Current market is good for stocking up on some altcoins though. Most will appreciate substantially before or until Christmas or new year's eve.
Yup now altcoins value dropped, and this is the best time to stocking up on some altcoins. Next week what will happen I don't know maybe we can see a lot of variation is all altcoins price if the Bitcoin split. If it is not split then all altcoins value also increase with Bitcoin price. So I stocked up some altcoins let's see how much profit it will give me after this segwit2x activated.
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July 30, 2017, 09:38:03 PM
 #948

My personal experience with trading is not so good but some people are expert in this, so that is why I think trading is more like to gamble, recently I picked a altcoin on very high price but dramatically it went 5x other day.
You are lucky with that altcoin then because usually the coins you will buy at peak price will dump hard next day  Grin

Yes trading is far better than simply gambling and for noobs trading is more like a gambling like you have did by buying one altcoin at high price.
Definitely , almost all of the altcoins after reaching its peak dumps ,but in that case i think its starting up and i think its not yet at the peak that why it goes 5x more . Its good already don't aim for bigger without knowledge that amount will be only lose in investing without a proper knowledge that is why trading looks like gambling .
True. Current market is good for stocking up on some altcoins though. Most will appreciate substantially before or until Christmas or new year's eve.
Indeed! Many altcoins are offering nice profit to the investors. It’s a nice move to invest in altcoins when bitcoins are expected to reach the maximum value that any coin had ever touched in the past. Altcoins are probably expected to follow the footprints of the bitcoins. I personally will suggest investing in both i.e. altcoins and bitcoins.
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July 31, 2017, 03:32:48 AM
 #949

My personal experience with trading is not so good but some people are expert in this, so that is why I think trading is more like to gamble, recently I picked a altcoin on very high price but dramatically it went 5x other day.
You are lucky with that altcoin then because usually the coins you will buy at peak price will dump hard next day  Grin

Yes trading is far better than simply gambling and for noobs trading is more like a gambling like you have did by buying one altcoin at high price.
Definitely , almost all of the altcoins after reaching its peak dumps ,but in that case i think its starting up and i think its not yet at the peak that why it goes 5x more . Its good already don't aim for bigger without knowledge that amount will be only lose in investing without a proper knowledge that is why trading looks like gambling .
True. Current market is good for stocking up on some altcoins though. Most will appreciate substantially before or until Christmas or new year's eve.
Indeed! Many altcoins are offering nice profit to the investors. It’s a nice move to invest in altcoins when bitcoins are expected to reach the maximum value that any coin had ever touched in the past. Altcoins are probably expected to follow the footprints of the bitcoins. I personally will suggest investing in both i.e. altcoins and bitcoins.


Not all altcoins will follow bitcoins. You need to choose some good coins to invest otherwise you may lose money. Also, suggest diversifying your money in few good coins to reduce your losses. What I know is Waves and NEM may be a good option to put some money but you check for more details before investing in these coins.
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July 31, 2017, 10:05:33 AM
 #950

I think trading and gambling is different but it can be said to be almost similar. Like this, gamblers do not have something, while trading implies ownership, gambling is a chance game, whereas with trading it takes a strategy, trading is based on research, but with gambling's not too needed. From these things look different but almost similar. I'm still confused, but obviously many said trading and gambling are different.

Different but still the same. What you do you, you put your money on the line. In gambling most is luck and good call if you pick some sport match, but with trading it takes just more then luck. Skill and research in what or when to invest is key point to will you end up with lot of cash or you will lose. Main difference is that when you trade and see that you made bad call or put money in some bad investment can reclaim some amount of it and lost can be minimal, while in gambling you win or lose no middle in this.



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July 31, 2017, 10:18:31 AM
 #951

In trade and in gambling there is a risk, but in trade you can analyze and receive a stable income. Gambling is created for entertainment and it is not appropriate to consider them as a means of earning.

i think in trade there are no stable income because we don't know when the coins is down and up. but in trading we can make income depend on how much we trade and how much the profit we can get. but in gambling, once you are lose, then you can not recover your money again in that day or even in other days so its better doing trading.
If you think in gambling once you lose there is no way to be able to refund your money and then whether in trade you can refund your money in a few days or on another day after you lose.

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July 31, 2017, 12:31:18 PM
 #952

In trade and in gambling there is a risk, but in trade you can analyze and receive a stable income. Gambling is created for entertainment and it is not appropriate to consider them as a means of earning.

i think in trade there are no stable income because we don't know when the coins is down and up. but in trading we can make income depend on how much we trade and how much the profit we can get. but in gambling, once you are lose, then you can not recover your money again in that day or even in other days so its better doing trading.
If you think in gambling once you lose there is no way to be able to refund your money and then whether in trade you can refund your money in a few days or on another day after you lose.
Actually there is a big difference in gambling and in trading because if you lose in gambling that means you lose already your bet but in trading if you do not like the current price of the asset you are holding you can still hold it until such time you can sell it for a profit. In trading if you do not sell at a loss you will never gonna lose therefore you need to have more patience but in gambling you need to be aggressive in order to win.

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July 31, 2017, 04:34:15 PM
 #953

In trade and in gambling there is a risk, but in trade you can analyze and receive a stable income. Gambling is created for entertainment and it is not appropriate to consider them as a means of earning.

i think in trade there are no stable income because we don't know when the coins is down and up. but in trading we can make income depend on how much we trade and how much the profit we can get. but in gambling, once you are lose, then you can not recover your money again in that day or even in other days so its better doing trading.
If you think in gambling once you lose there is no way to be able to refund your money and then whether in trade you can refund your money in a few days or on another day after you lose.
Actually there is a big difference in gambling and in trading because if you lose in gambling that means you lose already your bet but in trading if you do not like the current price of the asset you are holding you can still hold it until such time you can sell it for a profit. In trading if you do not sell at a loss you will never gonna lose therefore you need to have more patience but in gambling you need to be aggressive in order to win.

This is what I always tell my friends who is always in gambling site I convince them that instead of putting all their money in gambling they should invest it in trading because its more safer, that the loss you will have in trading is only paper loss unlike gambling that if you bust then you can't take that money back. Well I guess gambler don't have the patience to wait for their money to grow they prefer the instant money but very risky.
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July 31, 2017, 05:15:19 PM
 #954

I think trading and gambling is different but it can be said to be almost similar. Like this, gamblers do not have something, while trading implies ownership, gambling is a chance game, whereas with trading it takes a strategy, trading is based on research, but with gambling's not too needed. From these things look different but almost similar. I'm still confused, but obviously many said trading and gambling are different.

Different but still the same. What you do you, you put your money on the line. In gambling most is luck and good call if you pick some sport match, but with trading it takes just more then luck. Skill and research in what or when to invest is key point to will you end up with lot of cash or you will lose. Main difference is that when you trade and see that you made bad call or put money in some bad investment can reclaim some amount of it and lost can be minimal, while in gambling you win or lose no middle in this.
different are different, same are same and similar are similar. i would like to say that trading and gambling just a similar way to make money , both about guessing something to get additional value. a lot of similar things that might in the previous page here has been revealed. now it's just the matter how you consider and choose which one as your main way to make money.

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July 31, 2017, 05:24:20 PM
 #955

In trade and in gambling there is a risk, but in trade you can analyze and receive a stable income. Gambling is created for entertainment and it is not appropriate to consider them as a means of earning.

i think in trade there are no stable income because we don't know when the coins is down and up. but in trading we can make income depend on how much we trade and how much the profit we can get. but in gambling, once you are lose, then you can not recover your money again in that day or even in other days so its better doing trading.
If you think in gambling once you lose there is no way to be able to refund your money and then whether in trade you can refund your money in a few days or on another day after you lose.
What is refund here ? I guess there will be no way to get back our lost money from both trading and gambling as far as I have experienced in these two fields.

If you mean recovering the losses then I believe it will be possible for both gambling and trading but unfortunately gambling never allows us to recover our losses but in trading we may get chances if our skills are enough sharpen.
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July 31, 2017, 11:12:36 PM
Last edit: August 01, 2017, 02:58:47 AM by Gameroid
 #956

In trade and in gambling there is a risk, but in trade you can analyze and receive a stable income. Gambling is created for entertainment and it is not appropriate to consider them as a means of earning.

i think in trade there are no stable income because we don't know when the coins is down and up. but in trading we can make income depend on how much we trade and how much the profit we can get. but in gambling, once you are lose, then you can not recover your money again in that day or even in other days so its better doing trading.
If you think in gambling once you lose there is no way to be able to refund your money and then whether in trade you can refund your money in a few days or on another day after you lose.
Actually there is a big difference in gambling and in trading because if you lose in gambling that means you lose already your bet but in trading if you do not like the current price of the asset you are holding you can still hold it until such time you can sell it for a profit. In trading if you do not sell at a loss you will never gonna lose therefore you need to have more patience but in gambling you need to be aggressive in order to win.
to me i will never consider trading and gambling as one thing i think there is a big difference between the two. in trading i do not online depend on our luck but we also need good trading knowledge and experience whereas while playing gambling there we only need our luck.
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August 01, 2017, 11:38:35 AM
 #957

I think trading and gambling is different but it can be said to be almost similar. Like this, gamblers do not have something, while trading implies ownership, gambling is a chance game, whereas with trading it takes a strategy, trading is based on research, but with gambling's not too needed. From these things look different but almost similar. I'm still confused, but obviously many said trading and gambling are different.
Its right and you already answered the question and the differential of trading and gambling .I add the possible earning is much higher in trading which you can manage with your own hands how you will make more money through your trades  ,researches and knowledge in trading .If we list all it is too many differential but the biggest difference in the chance to earn that peoples think about income or to earn money.

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August 01, 2017, 12:01:15 PM
 #958

I think trading and gambling is different but it can be said to be almost similar. Like this, gamblers do not have something, while trading implies ownership, gambling is a chance game, whereas with trading it takes a strategy, trading is based on research, but with gambling's not too needed. From these things look different but almost similar. I'm still confused, but obviously many said trading and gambling are different.
Its right and you already answered the question and the differential of trading and gambling .I add the possible earning is much higher in trading which you can manage with your own hands how you will make more money through your trades  ,researches and knowledge in trading .If we list all it is too many differential but the biggest difference in the chance to earn that peoples think about income or to earn money.
Earning on gambling would be somehow big compared on trading but would only happen on rare cases on which when you do play gambling and hit jackpot but talking about longer runs i can say that trading would really be a best choice since you can somehow make money if you do have the skills on trading unlike on gambling no matter how hard you try if luck isnt on your side you will still end up losser in a day.

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August 01, 2017, 12:50:30 PM
 #959

I think trading and gambling is different but it can be said to be almost similar. Like this, gamblers do not have something, while trading implies ownership, gambling is a chance game, whereas with trading it takes a strategy, trading is based on research, but with gambling's not too needed. From these things look different but almost similar. I'm still confused, but obviously many said trading and gambling are different.
Its right and you already answered the question and the differential of trading and gambling .I add the possible earning is much higher in trading which you can manage with your own hands how you will make more money through your trades  ,researches and knowledge in trading .If we list all it is too many differential but the biggest difference in the chance to earn that peoples think about income or to earn money.
Earning on gambling would be somehow big compared on trading but would only happen on rare cases on which when you do play gambling and hit jackpot but talking about longer runs i can say that trading would really be a best choice since you can somehow make money if you do have the skills on trading unlike on gambling no matter how hard you try if luck isnt on your side you will still end up losser in a day.
It is also the fact that with gambling we sometimes earn and sometimes lose while in trading if the trader will have a good knowledge and will have a good strategy then he will always earn and no one will lose in the result.
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August 01, 2017, 02:10:42 PM
 #960

I do both trading and gambling . I have experience in gambling, but I'm new to trading and I like it a lot .

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