Trading vs Gambling

[erwin45hacked]

No gambling is not guarantee for losing. There are a lot of people who consider gambling as their mean or earning money, and in fact they are making money from gambling for a long time.  They have gambling skill, knowledge and experience they know all the trick of gambling and defiantly they may also have good luck therefore they are winning gambling bets for most of the time.

The number of people that lose compared to those that win is incredibly higher than what you are expecting. Therefore dont even think of trying to be rich from gambling alone. You could be getting some money from that however dont ever think that alone is enough to sustain your life forever because it is not

[8Habits]

No gambling is not guarantee for losing. There are a lot of people who consider gambling as their mean or earning money, and in fact they are making money from gambling for a long time.  They have gambling skill, knowledge and experience they know all the trick of gambling and defiantly they may also have good luck therefore they are winning gambling bets for most of the time.

The number of people that lose compared to those that win is incredibly higher than what you are expecting. Therefore dont even think of trying to be rich from gambling alone. You could be getting some money from that however dont ever think that alone is enough to sustain your life forever because it is not

You are definitely correct mate. That is a clear show of how casino house edge advantage is working - there will be more losers than winners as programmed by these casinos. They should do these and informed players well about it - this will ensure that their business will thrive and they will continue on giving more fun and entertainment.

[lite]

both can be really profitable but also can make you lose a lot, gambling will ruin you faster tho

even trading is not an easy task, Especially because of the dependence of trading in many factors Countless and endless !!

Yes, trading is indeed not easy. it's also risky, sometimes things don't go as you've planned. but if you learn it correctly and know when to cut losses you're going to be fine, it sure is profitable venture. i've made few hundred dollars trading.  

[Bagaji]

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 

To me I prefer trading as compared to gambling this because, gambling is something that you are not sure as to whether the outcome will be in your favour or against you. But trading if you are good in both technical and fundamental analysis about the currency you are trading , believe you me, you will make it big at the end of the day but only if you are good in trading.

[EdenHazard]

No gambling is not guarantee for losing. There are a lot of people who consider gambling as their mean or earning money, and in fact they are making money from gambling for a long time.  They have gambling skill, knowledge and experience they know all the trick of gambling and defiantly they may also have good luck therefore they are winning gambling bets for most of the time.

The number of people that lose compared to those that win is incredibly higher than what you are expecting. Therefore dont even think of trying to be rich from gambling alone. You could be getting some money from that however dont ever think that alone is enough to sustain your life forever because it is not

You are definitely correct mate. That is a clear show of how casino house edge advantage is working - there will be more losers than winners as programmed by these casinos. They should do these and informed players well about it - this will ensure that their business will thrive and they will continue on giving more fun and entertainment.

the way casino get profit are of course different on how an exchange in trading get profit.

gambling will always looks not fair with its house edge as it is the real way house edge works. to take 1% or so from what we have bet as player. you will always expect to win but it won't happened in gambling. while trading always looks more fair as an exchange won't get the profit from us directly.

[mirakal]

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 

To me I prefer trading as compared to gambling this because, gambling is something that you are not sure as to whether the outcome will be in your favour or against you. But trading if you are good in both technical and fundamental analysis about the currency you are trading , believe you me, you will make it big at the end of the day but only if you are good in trading.

I'll go with trading as well as most of my profit is coming from trading, I will be stupid if I will continue to gamble for profit when it does not give me a positive outcome. However, as a person who still has the passion to gamble I can still always play but up to a certain limit only, I enjoy gambling because it's fun and I am willing to lose a certain amount just to get entertain.

[michaelch]

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 

Trading is one big gamble no different from gambling in my opinion. Maybe I just don't know about trading enough to give a valid opinion. But the best thing to do is to invest in companies for the long-term, I think.

[Pettuh4]

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 

Trading is one big gamble no different from gambling in my opinion. Maybe I just don't know about trading enough to give a valid opinion. But the best thing to do is to invest in companies for the long-term, I think.

Trading is gambling but has control measures you can apply to minimize how much you can loose unlike gambling which you can loose your all at once trading offers the @stop loss" and "take profit " parameters which can be set in order to stop loss and sell as soon as it devalues to a point and it will sell for profit as soon as it reaches a point where you've instructed it to take profit.

[MinerHQ]

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 

Trading is one big gamble no different from gambling in my opinion. Maybe I just don't know about trading enough to give a valid opinion. But the best thing to do is to invest in companies for the long-term, I think.

Yes, if you don't know about trading then it is same as gambling because you're just buying things based on other predictions and waiting to make a profit. If you don't know trading then better buy some good coins and wait for prices to go up, and this process will not give you results immediately, but it takes the time to give you profit.

[gabmen]

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 

Trading is one big gamble no different from gambling in my opinion. Maybe I just don't know about trading enough to give a valid opinion. But the best thing to do is to invest in companies for the long-term, I think.

Yes, if you don't know about trading then it is same as gambling because you're just buying things based on other predictions and waiting to make a profit. If you don't know trading then better buy some good coins and wait for prices to go up, and this process will not give you results immediately, but it takes the time to give you profit.

Right. That's a good advice for starters so you won't get caught up in panic selling when you invest on coins. I agree with how trading can be much like poker and really, you can't lose a lot especially of you have patience with your trades. Coins almost always go up every now and then especially known coins so all you have to do would be to buy and wait. The thing there is that you have to know which coin to invest on so research is also very important. The factors you'll consider is very similar to how you'll react in a poker game

[Tanya77]

I do sport betting regularly when I've funds, but I did try trading between BTC and USD, The major exchange I was using for that a year or so ago was bitstamp which later put restrictions on my country, don't like the interface of BTC-E nor it's reputation so stopped trading.

[Piasta]

I gamble and trade USD to BTC and vice-versa, gambling and trading can be very close sometimes if you trade randomly and will have no difference to gambling in general, but using indicators and trying to predict using news and the like can make it a little different.

[Oralmat]

I gamble and trade USD to BTC and vice-versa, gambling and trading can be very close sometimes if you trade randomly and will have no difference to gambling in general, but using indicators and trying to predict using news and the like can make it a little different.

As a gamble he can do trading, but as a trader we only use the tricks to save the money, Tricks means skills. A gambler can afford a every lose but as a trader, we can't afford and accept the big lose. But about the differences of gambling and trading, then i will choose trading is better. Because trading not always give us lose, but gambling if we play it with randomly then sure we could win only 1% from it.

[Ardolafat]

I gamble and trade USD to BTC and vice-versa, gambling and trading can be very close sometimes if you trade randomly and will have no difference to gambling in general, but using indicators and trying to predict using news and the like can make it a little different.

As a gamble he can do trading, but as a trader we only use the tricks to save the money, Tricks means skills. A gambler can afford a every lose but as a trader, we can't afford and accept the big lose. But about the differences of gambling and trading, then i will choose trading is better. Because trading not always give us lose, but gambling if we play it with randomly then sure we could win only 1% from it.

Yeah the success ratio in gambling is very low and majority of times results will not be in your favor but in trading if you have good skills and strategies then you can make good profits at regular intervals and even its less risky in compare to gambling.

[hovrah]

I gamble and trade USD to BTC and vice-versa, gambling and trading can be very close sometimes if you trade randomly and will have no difference to gambling in general, but using indicators and trying to predict using news and the like can make it a little different.

I can tell my observations unequivocally, but the answer will be completely objective. The thing is that trading on the stock exchange is a job that somehow makes a profit. Sometimes this profit is big or small, depends only on the price jump for this or that currency. But gambling is such an activity that you are either lucky or not. Most likely it can be called a hobby and a very high dependence.

[Ziskinberg]

I gamble and trade USD to BTC and vice-versa, gambling and trading can be very close sometimes if you trade randomly and will have no difference to gambling in general, but using indicators and trying to predict using news and the like can make it a little different.

I can tell my observations unequivocally, but the answer will be completely objective. The thing is that trading on the stock exchange is a job that somehow makes a profit. Sometimes this profit is big or small, depends only on the price jump for this or that currency. But gambling is such an activity that you are either lucky or not. Most likely it can be called a hobby and a very high dependence.

That's correct, in general trading is more like a job compared to gambling because if we are talking about job, we have to put a lot of time and effort in order to do it well and will generate a good result. However, in gambling even if we spend a lot of time and effort, we still cannot get our ultimate goal which is to be consistent in making money, therefore we have to fully choose where to invest our time and money and surely it's not gambling.

[ivar]

both can be really profitable but also can make you lose a lot, gambling will ruin you faster tho

even trading is not an easy task, Especially because of the dependence of trading in many factors Countless and endless !!

Yes, trading is indeed not easy. it's also risky, sometimes things don't go as you've planned. but if you learn it correctly and know when to cut losses you're going to be fine, it sure is profitable venture. i've made few hundred dollars trading.  

I am still new in the bitcointalk and every day I hear about the "trading altcoins" and that this area allow you to earn a lot of money, but I did not understood by what I have to start, what to read and what videos to watch ?
Can you help me please with some advices in order to master the trading !

[erwin45hacked]

That's correct, in general trading is more like a job compared to gambling because if we are talking about job, we have to put a lot of time and effort in order to do it well and will generate a good result. However, in gambling even if we spend a lot of time and effort, we still cannot get our ultimate goal which is to be consistent in making money, therefore we have to fully choose where to invest our time and money and surely it's not gambling.

To be honest with you, both are not really a job. Trading should not be considered a job as it has no fixed time of working just like the other work and someone could stop trading anytime they want. Gambling on the other hand is pretty much the same so both are ways of making money however I wont really consider both as a job

[azguard]

Some call the the same cuz of risk but both have something that other dont. For some simple example or explanation both are risky bu profitable. In gambling you can win or lose no middle option. While in Trading you can pull out you initial investment if stock/crypto are going down by selling them and keeping most of the investment. You cant do this in gambling.

[South Park]

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  

Trading is not like poker at all, in poker you are only playing against a limited number of players with very specific rules about the way the game is supposed to be played, in trading there are no rules that you can follow, no strategy that is perfect and that guarantees money, in trading you are competing against hundreds of thousands or even millions of other people.