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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)
Mpamaegbu
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July 16, 2017, 03:43:03 PM
 #841

While both involve risk, they truly are not the same thing. For me trading harbours responsibility. I see it an an indulgent in calculated risk unlike gambling that is frivolous risk. Any day any time I will go for trading. Not gambling.

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July 16, 2017, 04:08:20 PM
 #842

Gambling is just for the few people who are born to be gamblers. And not all of us will have a decent life with gambling. We need to understand on what will can be the possible result of gambling if we are not going to choose the right way of earning. Trading is there and easy to learn.
Born to be gamblers  Grin no-one is born to be gamblers apart from few off springs of casino owners and few rich gamblers.

Trading is not easy to learn, it require years of practice and you have to loss so much to learn from mistakes.
Well, before trading on live stock market/exchanges, you can practice trading on a demo/simulator site with real data. even with practice/testing there's still chances of losing, but it should prepare you to take minimal loss.

It is a good idea since Trading is not easy, learning on demos is a good thing but it would be more exciting if you are really implementing what you will learn on demos. Trading could be like gambling if you are not going to be serious about this, you could lose too much money or capital on Trading if you're going to be a naive person which is always insisting what you want even though it is not correct.

So before we enter some places in this Crypto World, we must consider first the facts and the risk that we must know to avoid this capital lost.
trading have similar risk to gamble when you have no knowledge doing it. trading would be more profitable when you have become an expert , i just think those people who still learning to trade would have same risk compared to those people who just get started to gamble , both have similar risk and worth it.
If you do not know how to trade I would say that your chances of losing money are even greater than when you are gambling in gambling your odds are fixed, there is nothing you can do to change them, but in trading your odds fluctuate due to different factors.
lol you must be throw that words without even thinking. as simply as like this , when you trading how much your chance to lost the whole amount invested would lost? i think you might could lost 20% , 50% or 80% maybe but there is a little amount left at least. compared to trading where the whole staked amount would guaranteed to get doubled or lost it all! makes sense? of course it is!  Cheesy

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July 16, 2017, 05:10:08 PM
 #843

I chose "Trade Only" since I prefer trading rather than Gambling. Actually, I don't gamble anymore these past few months and no plans of gambling again. In regards to trading, I don't trade too often, but I still find it better since the chance of earning and losing is, I think depends on my decision. I do trade if I think that I will earn, so luck is not much needed unlike in gambling. Well, it's just my opinion.
Well, I will choose trading because you can a sure that you could gain a lot of money and income even though you it take time to wait. In addition to that, trading is the best source of income and many people do trading they believe it will help them to become rich someday. Lastly, in gambling you can’t a sure that you could earn that money and always remember gambling doesn’t make you rich.
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July 16, 2017, 06:29:37 PM
 #844

Both are the same really, both lose you tons of cash. As far as I am concerned there is no difference. When you trade, you gamble that the price of the coin you are trading will move in a particular direction. If it does, fine, you win. If it goes against you, not good, you lose. How is this different from gambling?
The difference is that in trading you can cut your losses while in gambling once you make the bet luck decides what happens, trading in a way is similar to poker, most people lose but there are those with enough skill to make money out of it in a regular basis.

You can do mistake like that in trading too, buy coin that will crash next day and won't get back to old price again. It is not that hard to earn small profit from trading, it is much harder to get huge profit from it though. Trading is much better than gambling imo as at least it feels that you can control outcome of your decisions, and you can rely on facts instead of lucky numbers statistics

Ya it is true that in trading you have control of loss in your hand but in casino, dice gambling you cannot control the loss as what ever bet you make the result can be either way. But in sports betting you can do same way of betting like trading as in this also you can control your loss. so if you wanted to gamble then go for sports betting

Trading and sport betting is still different though. In trading you predict how price of specific coin will change as you know a lot about it so you can do that and guess right so you will sell or buy at right moment, while in sport bets you can predict relying on statistics but one team might be luckier than other you will lose because of that.

 
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July 16, 2017, 11:56:09 PM
Last edit: July 18, 2017, 01:44:58 AM by Jewell
 #845

I chose "Trade Only" since I prefer trading rather than Gambling. Actually, I don't gamble anymore these past few months and no plans of gambling again. In regards to trading, I don't trade too often, but I still find it better since the chance of earning and losing is, I think depends on my decision. I do trade if I think that I will earn, so luck is not much needed unlike in gambling. Well, it's just my opinion.
Well, I will choose trading because you can a sure that you could gain a lot of money and income even though you it take time to wait. In addition to that, trading is the best source of income and many people do trading they believe it will help them to become rich someday. Lastly, in gambling you can’t a sure that you could earn that money and always remember gambling doesn’t make you rich.
i will also like to chose trading, because in trading there is less risk of losing money as compare to gambling and other investment. to me i personally doing trad altcoins but for that first i do  a lot of study, they choose a coin for trading, i also study about upcoming ICO and when find an ICO more interested then try to invest my money there.
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July 16, 2017, 11:58:46 PM
 #846

Gambling give more happiness and enjoy moment than trading
In the trading only buy and sell activity in gambling we can choose lots of games
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July 17, 2017, 01:04:44 AM
 #847

While both involve risk, they truly are not the same thing. For me trading harbours responsibility. I see it an an indulgent in calculated risk unlike gambling that is frivolous risk. Any day any time I will go for trading. Not gambling.

A big check, Trading is way more better than this gambling thingy, but still people do prefer to do this one since this is a lot more easier than gambling, this is not the point, what we're trying to point out here is that even though gambling is more easy to do than Trading, the possibility of us to lose money is higher than Trading. Trading is a little bit complicated since it is all about prediction of the coins that we are holding but the return of the profits is surely, and in that way, we could really earn money, sometimes we must choose the hard way because it is a lot more safe than the easy one which is too risky.
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July 17, 2017, 01:37:35 AM
 #848

While both involve risk, they truly are not the same thing. For me trading harbours responsibility. I see it an an indulgent in calculated risk unlike gambling that is frivolous risk. Any day any time I will go for trading. Not gambling.

A big check, Trading is way more better than this gambling thingy, but still people do prefer to do this one since this is a lot more easier than gambling, this is not the point, what we're trying to point out here is that even though gambling is more easy to do than Trading, the possibility of us to lose money is higher than Trading. Trading is a little bit complicated since it is all about prediction of the coins that we are holding but the return of the profits is surely, and in that way, we could really earn money, sometimes we must choose the hard way because it is a lot more safe than the easy one which is too risky.
i also think that way its better to do it in a long run than being sorry for just a single mistake, trading can be learned if you have a lots of time if you will keep doing your research you will find the reason that influence certain movement while in gambling even you always play the game but the opportunity
still base from your luck.
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July 17, 2017, 01:55:53 AM
 #849

Gambling give more happiness and enjoy moment than trading
In the trading only buy and sell activity in gambling we can choose lots of games

That's why I always say that if you need enjoyment then only should need to go to gambling and spend the money which you can afford to lose. But don't expect both entertainment and free money from gambling because most of the time you spend money for this enjoyment and very less chance to make money from these games. Trading is not for fun but making money in the longer run.
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July 17, 2017, 02:21:19 AM
 #850

Gambling give more happiness and enjoy moment than trading
In the trading only buy and sell activity in gambling we can choose lots of games
That's for sure because if you think about it, you need patience in trading. Gambling would require nothing and it's like impatience and you would really be interested in just being profitable and hoping that you are positive in how much you are gambling.  It's better for me to trade because it could have a lot of volatility when trading with alt coins.

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July 17, 2017, 05:06:46 AM
 #851

Gambling give more happiness and enjoy moment than trading
In the trading only buy and sell activity in gambling we can choose lots of games
Yes, it is not just pleasure in gambling there is tension also there and if being lucky may earn money quickly also in gambling, but it is full of risks, in trading also does not mean no risk is taken just tends to be more sad than in Gambling and more to teach us to be patient.
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July 17, 2017, 06:15:50 AM
 #852

Gambling give more happiness and enjoy moment than trading
In the trading only buy and sell activity in gambling we can choose lots of games

in gambling if we can win then its become happiness but if we are lose then we are feel sad. in trading not just buy and sell activity we are doing but we need to be patience to see the price is increase. from this, we can select what we should do and if we want to make profit then trading is the best way that we can do.

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July 17, 2017, 03:09:09 PM
 #853

Gambling give more happiness and enjoy moment than trading
In the trading only buy and sell activity in gambling we can choose lots of games

in gambling if we can win then its become happiness but if we are lose then we are feel sad. in trading not just buy and sell activity we are doing but we need to be patience to see the price is increase. from this, we can select what we should do and if we want to make profit then trading is the best way that we can do.

To add something, in trading we either win or learn. We should at all times try to learn every trades that we undertake - whether it is a winning or losing trade. There is no excuse to this especially when you are starting out. Because the more we learn trading skills, the more we tend to become profitable because we are analyzing different things around.
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July 17, 2017, 03:27:44 PM
 #854

Gambling give more happiness and enjoy moment than trading
In the trading only buy and sell activity in gambling we can choose lots of games
I doubt there will be any enjoyment in gambling when you keep on losing money and never win at all, irrespective of that I do prefer gambling to trading, trading is very profitable if you can read the market which I have no idea on how to that so I will stick with what I know which is gambling.

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July 17, 2017, 03:29:07 PM
 #855

Gambling give more happiness and enjoy moment than trading
In the trading only buy and sell activity in gambling we can choose lots of games

If you play games and gamble for fun then its ok but when it come to earning and profit there is an uncertainty in gambling that you might lose all your investment while in trading there are chance that you might not lose all of your investment. And if you have done enough research about the market then trading is very profitable.
And in my opinion, no one gamble just for fun, money is the main motive.  

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July 17, 2017, 03:49:16 PM
 #856

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 have heard Wall Street guys are extreme risk takers; they gamble heavily. The difference is that Wall Street guys when trading do that largely with other peoples money.

I gamble and I trade; I feel same type of 'rush' by doing both, especially when trading with heavy leveraged futures, and in volatile markets (as they are now). Sure, I win some, I loose some, but so far, for the last few years, I am ending up more on the winning side. Both are true for Poker, and Trading,  and in some cases, sportsbetting.

My trick for sportsbetting is that I have access to internal data, so I bet against the public money. For Poker, I look for weak tables, where it seems to be rookie players at the tables. In trading, I wait for a condition when i see the markets turning (i.e. overheated, way to high price), then take out a short. I then wait for a drop and see when the markets start to turn, and go long. So I maybe apply some of the same psychology: I wait for others to make a mistake and show their intentionm and then use a weakness of others to make a profit.
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July 17, 2017, 04:15:04 PM
 #857

It is easy. Gambling is for entertainment and mostly depends on luck, while trading is like a profession or something that you do in order to gain profits.
Gambling is surely not any form of entertainment it is surely one of the fastest way of doubling your money but both gambling and trading have their own risks involved. In gambling of course you don't need much experience but trading requires lot of experience , time which is why i would gamble and not trade
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July 17, 2017, 04:55:31 PM
 #858

It is easy. Gambling is for entertainment and mostly depends on luck, while trading is like a profession or something that you do in order to gain profits.
Gambling is surely not any form of entertainment it is surely one of the fastest way of doubling your money but both gambling and trading have their own risks involved. In gambling of course you don't need much experience but trading requires lot of experience , time which is why i would gamble and not trade
Why gambling is not providing entertainment but a way to double ? You got any proof in your real life. You must be completely invertedly talking about gambling but they are the basic characteristics of trading.

Compared to gambling, trading has less risks. But we need to be prepared to eliminate risks in trading but there will be no such chances in gambling, the risk is always high with gambling and we never can eliminate them. Compared to gambling, trading has many better things like giving us chances to make profits. So I will choose only trading.
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July 17, 2017, 05:41:00 PM
 #859

It is easy. Gambling is for entertainment and mostly depends on luck, while trading is like a profession or something that you do in order to gain profits.
Gambling is surely not any form of entertainment it is surely one of the fastest way of doubling your money but both gambling and trading have their own risks involved. In gambling of course you don't need much experience but trading requires lot of experience , time which is why i would gamble and not trade
Why gambling is not providing entertainment but a way to double ? You got any proof in your real life. You must be completely invertedly talking about gambling but they are the basic characteristics of trading.

Compared to gambling, trading has less risks. But we need to be prepared to eliminate risks in trading but there will be no such chances in gambling, the risk is always high with gambling and we never can eliminate them. Compared to gambling, trading has many better things like giving us chances to make profits. So I will choose only trading.

The chances of losing money with trading is the same with gambling. The value of your investment moves 24/7 so if you are trading manually, 1 whole day would mean a lot.

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July 17, 2017, 06:08:54 PM
 #860

It is easy. Gambling is for entertainment and mostly depends on luck, while trading is like a profession or something that you do in order to gain profits.
Gambling is surely not any form of entertainment it is surely one of the fastest way of doubling your money but both gambling and trading have their own risks involved. In gambling of course you don't need much experience but trading requires lot of experience , time which is why i would gamble and not trade
Why gambling is not providing entertainment but a way to double ? You got any proof in your real life. You must be completely invertedly talking about gambling but they are the basic characteristics of trading.

Compared to gambling, trading has less risks. But we need to be prepared to eliminate risks in trading but there will be no such chances in gambling, the risk is always high with gambling and we never can eliminate them. Compared to gambling, trading has many better things like giving us chances to make profits. So I will choose only trading.

The chances of losing money with trading is the same with gambling. The value of your investment moves 24/7 so if you are trading manually, 1 whole day would mean a lot.

No it's not. In gambling you are guaranteed to lose longterm. In trading, if the market is bullish in the longrun, you will guaranteed make money (that is if risks are considered well).

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