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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)
Oralmat
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December 12, 2016, 06:19:00 AM
 #281

Trading and gambling cannot be same at the same time can give same results if we are not lucky.
You mean to say in trading also we must require luck to make profits ?
But this is not the case all the times because trading is not just based on luck factor. Maybe luck will multiply your profits but your skills will be more than enough to make some profits from trading. But in gambling you always need luck to have either small profits or big profits. No luck then no profits in gambling.

No way, in trading, definitely we need luck, that's why many people consider trading and gambling both are same. But i accept one thing that everyone have a different experience gain, So behind the experience, we have different thinking. But if i am talking about only luck, So i can't deny that without luck anything possible.   
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December 12, 2016, 06:40:18 AM
 #282

Although there are may be some similarities between the two concepts, a strict definition of both terms-investing and gambling reveals the principle differences between them. Investing is to put and to use money, by purchase or expenditure, in something offering profitable returns especially interest or income. Gambling is to play any games of chance  for stake, to stake or risk money or anything value on the outcome of something involving chance. But anyways, trading maybe is  like gambling.
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December 12, 2016, 07:29:37 AM
 #283

Trading and gambling cannot be same at the same time can give same results if we are not lucky.
You mean to say in trading also we must require luck to make profits ?
But this is not the case all the times because trading is not just based on luck factor. Maybe luck will multiply your profits but your skills will be more than enough to make some profits from trading. But in gambling you always need luck to have either small profits or big profits. No luck then no profits in gambling.

No way, in trading, definitely we need luck, that's why many people consider trading and gambling both are same. But i accept one thing that everyone have a different experience gain, So behind the experience, we have different thinking. But if i am talking about only luck, So i can't deny that without luck anything possible.   

I don't agree that gambling is same as trading but I do agree that some luck is needed make a money from trading or any other business. In trading we need a knowledge and experience to make good judgement but gambling is just a games for our entertainment so both can't be same.
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December 12, 2016, 10:12:12 AM
 #284

Trading and gambling cannot be same at the same time can give same results if we are not lucky.
You mean to say in trading also we must require luck to make profits ?
But this is not the case all the times because trading is not just based on luck factor. Maybe luck will multiply your profits but your skills will be more than enough to make some profits from trading. But in gambling you always need luck to have either small profits or big profits. No luck then no profits in gambling.

No way, in trading, definitely we need luck, that's why many people consider trading and gambling both are same. But i accept one thing that everyone have a different experience gain, So behind the experience, we have different thinking. But if i am talking about only luck, So i can't deny that without luck anything possible.   
i disagree with you dont need luck in trading you just only need some skills and knowledge in trading but luck can be apply with trading , gambling too. in gambling you just only need luck except if your betting on sports,esports
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December 12, 2016, 01:39:59 PM
 #285

Traiding is on the same level risk as gambling
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December 12, 2016, 01:46:53 PM
 #286

Traiding is on the same level risk as gambling

The risks of gambling and trading also does have almost the same level. but if we compare it with all the things that exist in the gambling and also trading then, I am sure we will vote trading. Because of all the facets of a more favorable trading and also more secure than we do gambling. one example that often we know that gambling will surely make everyone lose control while getting something good or bad. While in trading as they get it, and in fact become something of encouragement to mengalisa better again and eventually get better
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December 18, 2016, 09:09:19 AM
 #287

Gambling has higher risk of losing than trading. In trading you can minimize the risk of losing based on what you are trading. While in gambling it is difficult to win because of the house edge. There are many things that can help you in trading like its graph or you can based on news.
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December 18, 2016, 12:59:09 PM
 #288

Traiding is on the same level risk as gambling
I dont think so. For me gambling has a higher risk compared to trading. But their gap between each other is not that far. For example dice, you cant master it through the years while in trading the more you are do it you can master it.
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December 18, 2016, 01:24:28 PM
 #289

Trading outweigh gambling in every sense because it comes with discipline to wait for a long term turn over not an instant breakthrough like what the gamblers hope for. Gambling can also be turned into trading if the gambler has a particular order he/she follows over a long term.
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December 18, 2016, 01:37:00 PM
 #290

Trading is very important to us users of bitcoin, though gambling is more popular to us, trading is the best source of bitcoin. Gambling is more on risks and mostly depends on your luck. Gambling for me is a thing to spend my time, it is really fun gambling. Trading is the source of my bitcoin at the very start. Though trading has a disadvantage too, gambling still has many disadvantage.

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December 18, 2016, 02:34:21 PM
 #291

Gambling has higher risk of losing than trading. In trading you can minimize the risk of losing based on what you are trading. While in gambling it is difficult to win because of the house edge. There are many things that can help you in trading like its graph or you can based on news.

You can minimize the chance of losing in gambling as well by lowering the multiplier. I think the chart of altcoins are also random and there are no news about if it's going to decrease or increase. The only news that you can expect is the dev has ran away and that means the price is going to decrease. But then again even if the price has already decreased, it's not a good time to invest since it's just a scam coin at that time.

I haven't seen any news about the price increase. People don't announce if they're going to buy a certain altcoin at a certain time. The only sign that the price will going to increase is if the coin is starting to gain popularity and has shown potential of success.

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December 18, 2016, 03:57:06 PM
 #292

Trading is very important to us users of bitcoin, though gambling is more popular to us, trading is the best source of bitcoin. Gambling is more on risks and mostly depends on your luck. Gambling for me is a thing to spend my time, it is really fun gambling. Trading is the source of my bitcoin at the very start. Though trading has a disadvantage too, gambling still has many disadvantage.
True, another factor why gambling is much more popular than investing/trading is that because it is much easier to understand gambling. Investments/trading is really hard to understand and the learning curve is really high. You have to lose some money before you even earn something and learn from you mistakes. Unlike in gambling, you can just click and go. But the risk will always be higher in gambling than trading.
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December 18, 2016, 04:03:32 PM
 #293

Trading is very important to us users of bitcoin, though gambling is more popular to us, trading is the best source of bitcoin. Gambling is more on risks and mostly depends on your luck. Gambling for me is a thing to spend my time, it is really fun gambling. Trading is the source of my bitcoin at the very start. Though trading has a disadvantage too, gambling still has many disadvantage.
True, another factor why gambling is much more popular than investing/trading is that because it is much easier to understand gambling. Investments/trading is really hard to understand and the learning curve is really high. You have to lose some money before you even earn something and learn from you mistakes. Unlike in gambling, you can just click and go. But the risk will always be higher in gambling than trading.

Both needs higher understanding and risk. I do both , I already got scammed in trading and investing. And I lose alot in gambling. The feelings were both horrifying, the feeling of being lost and betrayed is heartbreaking. So I think both really needs to undertake sometimes to learn and to gain more understanding in bitcoin. Learn from our mistakes.

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December 18, 2016, 07:59:17 PM
 #294

Trading is very important to us users of bitcoin, though gambling is more popular to us, trading is the best source of bitcoin. Gambling is more on risks and mostly depends on your luck. Gambling for me is a thing to spend my time, it is really fun gambling. Trading is the source of my bitcoin at the very start. Though trading has a disadvantage too, gambling still has many disadvantage.
True, another factor why gambling is much more popular than investing/trading is that because it is much easier to understand gambling. Investments/trading is really hard to understand and the learning curve is really high. You have to lose some money before you even earn something and learn from you mistakes. Unlike in gambling, you can just click and go. But the risk will always be higher in gambling than trading.

Both needs higher understanding and risk. I do both , I already got scammed in trading and investing. And I lose alot in gambling. The feelings were both horrifying, the feeling of being lost and betrayed is heartbreaking. So I think both really needs to undertake sometimes to learn and to gain more understanding in bitcoin. Learn from our mistakes.
What will be the point in doing both of them when both are not profitable to you. I guess every gambler here also must be a trader regardless of their performance in either one of them. But I became a trader only after I have quit gambling. I was thinking and also had chances to gamble again but I engaged to myself into trading just to stay away from it.
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December 18, 2016, 08:09:36 PM
 #295

Trading and gambling cannot be same at the same time can give same results if we are not lucky.
You mean to say in trading also we must require luck to make profits ?
But this is not the case all the times because trading is not just based on luck factor. Maybe luck will multiply your profits but your skills will be more than enough to make some profits from trading. But in gambling you always need luck to have either small profits or big profits. No luck then no profits in gambling.

No way, in trading, definitely we need luck, that's why many people consider trading and gambling both are same. But i accept one thing that everyone have a different experience gain, So behind the experience, we have different thinking. But if i am talking about only luck, So i can't deny that without luck anything possible.   

I don't agree that gambling is same as trading but I do agree that some luck is needed make a money from trading or any other business. In trading we need a knowledge and experience to make good judgement but gambling is just a games for our entertainment so both can't be same.
yes i am agree with you, to me trading and gambling are the same thing, and both have the same kin of risk, but still i will choose trading as trading can give me good profit as in trading your experience and your skill can help you. while in gambling you mostly depend on your luck.
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December 18, 2016, 08:21:32 PM
 #296

Traiding is on the same level risk as gambling
But for me they are two different things and the risk level is also different in both of them because in trade you can control on your lose and win and it totally depends on time and your right decision and your patience while gambling is not controllable like that.
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December 18, 2016, 08:41:19 PM
 #297

Trading and gambling cannot be same at the same time can give same results if we are not lucky.
You mean to say in trading also we must require luck to make profits ?
But this is not the case all the times because trading is not just based on luck factor. Maybe luck will multiply your profits but your skills will be more than enough to make some profits from trading. But in gambling you always need luck to have either small profits or big profits. No luck then no profits in gambling.

No way, in trading, definitely we need luck, that's why many people consider trading and gambling both are same. But i accept one thing that everyone have a different experience gain, So behind the experience, we have different thinking. But if i am talking about only luck, So i can't deny that without luck anything possible.   

I don't doubt your experience but most likely only an amateur trader consider trading success as luck.  Veteran traders, never rely on luck to be successful in their trading.  they do intensive research and study on different stocks in the market, (coins in cryptocurrency)  They also rely on news and at the same time on their knowlege on how to react in every market change. So definitely trading is not the same as gambling.

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December 19, 2016, 08:10:47 AM
 #298

Trading and gambling cannot be same at the same time can give same results if we are not lucky.
You mean to say in trading also we must require luck to make profits ?
But this is not the case all the times because trading is not just based on luck factor. Maybe luck will multiply your profits but your skills will be more than enough to make some profits from trading. But in gambling you always need luck to have either small profits or big profits. No luck then no profits in gambling.

No way, in trading, definitely we need luck, that's why many people consider trading and gambling both are same. But i accept one thing that everyone have a different experience gain, So behind the experience, we have different thinking. But if i am talking about only luck, So i can't deny that without luck anything possible.   

I don't doubt your experience but most likely only an amateur trader consider trading success as luck.  Veteran traders, never rely on luck to be successful in their trading.  they do intensive research and study on different stocks in the market, (coins in cryptocurrency)  They also rely on news and at the same time on their knowlege on how to react in every market change. So definitely trading is not the same as gambling.
Yeah I do think so. Trading does not require traders to have luck, especially expert ones. In my opinion, only newbies and some amateur need luck in order to obtain profit. In general, experts have a wide knowledge in many fields. They know how to analyze the economic situation, world events and especially they can predict approximately what will happen so that they can reduce the loss. They are the genius.

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Caladonian
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December 19, 2016, 09:06:45 AM
 #299

Trading and gambling cannot be same at the same time can give same results if we are not lucky.
You mean to say in trading also we must require luck to make profits ?
But this is not the case all the times because trading is not just based on luck factor. Maybe luck will multiply your profits but your skills will be more than enough to make some profits from trading. But in gambling you always need luck to have either small profits or big profits. No luck then no profits in gambling.

No way, in trading, definitely we need luck, that's why many people consider trading and gambling both are same. But i accept one thing that everyone have a different experience gain, So behind the experience, we have different thinking. But if i am talking about only luck, So i can't deny that without luck anything possible.   

I don't doubt your experience but most likely only an amateur trader consider trading success as luck.  Veteran traders, never rely on luck to be successful in their trading.  they do intensive research and study on different stocks in the market, (coins in cryptocurrency)  They also rely on news and at the same time on their knowlege on how to react in every market change. So definitely trading is not the same as gambling.
Yeah I do think so. Trading does not require traders to have luck, especially expert ones. In my opinion, only newbies and some amateur need luck in order to obtain profit. In general, experts have a wide knowledge in many fields. They know how to analyze the economic situation, world events and especially they can predict approximately what will happen so that they can reduce the loss. They are the genius.
that's why we called them pro since they already big edge analyzing the movements of the price allowing them to place their entry in the correct position and exit when things is not moving in their ways giving them the chances to limit their loses and buy other project to bounce back  so its not just a luck game for them but expert analyze on a  certain time.
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December 20, 2016, 07:21:26 AM
 #300

Trading and gambling cannot be same at the same time can give same results if we are not lucky.
True. In other words they will not give same result even we are skilled in specialised fields in both of them. Yes there is no need of skills for gambling and there is no possibility of profit making in trading with no skill.

Trading and gambling have some similar aspects but completely two different things in overall characteristics analysis.
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