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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 24500 times)
jostorres
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July 23, 2016, 08:02:49 PM
 #41

To summarize this topic: If you are afraid of losing money - then either gambling or trading is not for you.
The only risk free method of gaining money is bank deposit with interested rates. Other than that you will risk your money.

Discussing what is more risky gambling or trading has zero chances of ending with the right conclusion so we better stop now.
Yes, well said. Just wanted to add little more :
Gambling can never be a trading. But trading has chances to become gambling.
If you believe on your luck then your trading will gamble with you. When you are gambling, your luck is being traded.

For a common man both gambling and trading might seems same. But, when you are into either on of them, you will realize the differences.

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Ryan Dugan
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July 23, 2016, 08:04:37 PM
 #42

Trading is better you can learn the market place and stocks but gambling you can learn nothing with but lose everything. Seems very easy for making a decision for which to do.

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July 24, 2016, 05:05:42 AM
 #43

both are very risky to losing my money but my knowledge in trading very less and that's why i personally prefer to gambling although my gambling results not always good but i felt confident to gambling than do a trading

Yes, if a person doesn't know how to trade then both got almost equal chances of losing money. But if one got some knowledge of trading then they may not lose all money quickly in trading like in gambling. Anyway, gambling is meant for having fun, but we all are using it for making money out it and in trading we can't enjoy that fun part. I prefer to do trading to make some profit over gambling.
aranachristianjay
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July 24, 2016, 05:57:10 AM
 #44

both are very risky to losing my money but my knowledge in trading very less and that's why i personally prefer to gambling although my gambling results not always good but i felt confident to gambling than do a trading

Yes, if a person doesn't know how to trade then both got almost equal chances of losing money. But if one got some knowledge of trading then they may not lose all money quickly in trading like in gambling. Anyway, gambling is meant for having fun, but we all are using it for making money out it and in trading we can't enjoy that fun part. I prefer to do trading to make some profit over gambling.

No, even a person who is just starting to trade didn't get the risk that the gambling can cause or have.

Around 4 months ago I just started Trading, and until now I did not lose a penny in it,
It's analogy is too simple, You just buy low and sell high, To be sure that you won't lose, then do't buy alt. coins that are not that popular.

And just to be 100% sure that you wont get lose, stick in buying and selling bitcoins, but buy a lot, so that when you sell even in slight changes in the amount, you still get a large amount of profit.
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July 24, 2016, 06:41:55 AM
 #45

Trading requires a lot of knowledge about the market. If we trade based solely on feelings, the result will not be maximized. Whereas gambling, depends on luck to make a profit. Gambling is riskier than trading. While trading itself requires a lot of effort to achieve success. We must study the market from time to time. Hence I voted for "gamble more". Since I have not much time to learn the market!

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July 24, 2016, 06:45:17 AM
 #46

both are very risky to losing my money but my knowledge in trading very less and that's why i personally prefer to gambling although my gambling results not always good but i felt confident to gambling than do a trading

Yes, if a person doesn't know how to trade then both got almost equal chances of losing money. But if one got some knowledge of trading then they may not lose all money quickly in trading like in gambling. Anyway, gambling is meant for having fun, but we all are using it for making money out it and in trading we can't enjoy that fun part. I prefer to do trading to make some profit over gambling.

Gambling meant for fun just to entertain us? This is what you saying? May be that is true but they make gambling site of course need to get some money too because from the start they build it just for business not anything else so why we must get fun and keep giving them money instead of making this as one of earning method there?
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July 24, 2016, 06:50:24 AM
 #47

In trading you earn profit, in gambling you gamble and lose money majority of the times towards the end. In trading you can hold the coins in anticipation of price rise and in gambling you don't have second chance once lost.
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July 24, 2016, 07:34:09 AM
 #48

For me both of them is risky and requires skills, luck and proper decision making and they also has different ways if you to earn in a game which you may get happiness you can choose to gamble else choose trading rather
Roboabhishek
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July 24, 2016, 08:20:29 AM
 #49

Check Please : Gambling is totally based on luck because the results are completely unknown.
On the other hand Trading takes skill. I am not saying that trading is not totally dependent on skill you will also need luck.

So at last i will choose trading because you are not totally dependent on luck to earn profit

Good Luck Smiley and choose wisely
electronicfactura
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July 24, 2016, 08:32:26 AM
 #50

I will say trading or gambling are not for everyone. You need some common sense and should be a person with strong will of taking decision otherwise both will become nightmare for you. Trading needs extra skills and knowledge of that market where you are trying to trade while gambling needs patience, without greed and should have long term purpose. Both are risky and many people loose money in both they think them easy.
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July 24, 2016, 10:13:54 AM
 #51

I will not suggest gambling under no condition to anyone. Trading is something where you should first understand it by getting knowledge and enough information how it works. You should use demos for good period of time. When you think you can handle things better trading is much better. Gambling is which has one way to take you to zero , mark my words.
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July 24, 2016, 10:35:43 AM
 #52

Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  Tongue

there is always some traces of luck in trading too, so maybe and just maybe you can call it as a gamble. but this is just a very tiny part of trading and the major thing about trading is the ability to speculate the market based on the history and the news you hear about the future.

for example release of a new application for a particular coin or a big exchange adding that altcoin to their site can cause a big rise in many cases. so if you know this and buy you made a decision based on your experience but if you buy out of the blue and price goes up you made a gamble.

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July 24, 2016, 10:40:56 AM
 #53

I think trading is very similar to gambling however trading does involve some sort of skill whereas gambling is usually luck. Trading can often involve luck but an experienced trader does not require luck to profit. Trading is more like sports betting as skill can be used to predict matches. Both methods can be disastrous and result in huge losses so people should only risk what they can afford to lose.
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July 24, 2016, 10:45:25 AM
 #54

I like to trade, but I love to gamble! That is in my case, trading is something that I like to do. Watching prices going up and down, trying to buy some alt coin that will rise a lot, its interesting to do all that. I have a feeling like I`m broker on some stock market.
Gambling is my passion, I will never stop gambling. I love almost every game, poker I play every day. I enjoy in slots, dices, roulette, Caribbean poker, and many other games.

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Taki
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July 24, 2016, 10:53:06 AM
 #55

Trading is better you can learn the market place and stocks but gambling you can learn nothing with but lose everything. Seems very easy for making a decision for which to do.
You can loose everything with trading also. That place where you traded in may appear a scam and you can loose all money u traded.
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July 24, 2016, 12:53:14 PM
 #56

Trading is better you can learn the market place and stocks but gambling you can learn nothing with but lose everything. Seems very easy for making a decision for which to do.
You can loose everything with trading also. That place where you traded in may appear a scam and you can loose all money u traded.

Please read the Post before replying.

The OP asked what is good Trading or Gambling posting suck things like Site will scam or gambling site scam is Off topic.
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July 24, 2016, 01:30:02 PM
 #57

Trading is better you can learn the market place and stocks but gambling you can learn nothing with but lose everything. Seems very easy for making a decision for which to do.
You can loose everything with trading also. That place where you traded in may appear a scam and you can loose all money u traded.

It is of course true, so also we do gambling. And I think that gambling is far more risky and dangerous than trade, for in gambling we don't have something that can be set as a Foundation (certainty) and they also have a potential scam. In contrast to trade, sites that provide such facilities would already have the assurance and confidence that can in full resposibility
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July 24, 2016, 01:59:16 PM
 #58

I don't even know how to trade, so I gamble. I suppose one day I'll try it out (trading), but for now, I'm going to have fun with what ever bitcoins I have managed to collect. Right now, they are considered 'virtual' to me.
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July 24, 2016, 01:59:24 PM
 #59

Trading posses less risk then gambling, since gambling is basically all or nothing.
Which trading you actually have a chance to get your money back. And not only your money back but also get profit.
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July 25, 2016, 09:54:52 AM
 #60

Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing  Tongue

I usually more inclined into gambling and trading just comes secondary. If I get profit and cash out, I usually trade the profit with btc/doge. But I really very seldom trading - just when I see lots of buzz on certain crypto currency that I trade and if there's no buzz at all, I just see the prices between doge and btc and exchange them at my advantage. When I see that doge price is going down, I play dice with btc and if I hit my goal profit, I exchange it to doge and when the doge price bounce back to high price, I will then exchange it to btc. Same thing if I see that doge price is high, I'll play doge and when I reach my desired goal proift, I exchange to btc. The principle I follow here is buying low and selling it high.
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