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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)
jamyr
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July 17, 2017, 06:21:24 PM
 #861

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).

I beg to disagree. Been with a Primedice for over a year now and I am still at profit.

Guess its only a matter of where you do better. In my POV gambling.

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July 17, 2017, 06:33:36 PM
 #862

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).

You are only guaranteed to make a profit in trading if you are long or hoard in a constant upmarket. Trading is NOT hoarding. I.e buying gold and sticking it a drawer 100 years ago would have netted a nice profit. But that is not same as trading. Trading means buying and selling. In trading, your commissions are only 0.1-0.2-0.5%, and hence, you can easier make a profit. Gambling, the 'hold' percentage for sportsbooks are 4-7%, so there it's a lot less likely to make a profit long term, as you contend with a commission rate that is 20-30 times higher.

So, don't confuse hoarding for trading. Trading exchanges use same principles as a sportsbook, just smaller hold percentage. Active trading in a high volatile environment like the last few weeks are as much gambling as betting on the outcome of a football game.



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July 17, 2017, 06:41:09 PM
 #863

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 do both, I gamble and I trade, however those activities are completely different from each other, trading is an activity that you do mostly to earn money, while gambling is an activity in which you spend money in order to get fun, so even if there is the possibility to make money in gambling and get your fun too that is not something that you should be relying on.
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July 17, 2017, 06:57:14 PM
 #864

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 do both, I gamble and I trade, however those activities are completely different from each other, trading is an activity that you do mostly to earn money, while gambling is an activity in which you spend money in order to get fun, so even if there is the possibility to make money in gambling and get your fun too that is not something that you should be relying on.

Great words! I'm not experinced in trading yet to make profits from it, but I learn how to do it reading about altcoins and trading with small amounts like from 0.001 to 0.02 max. I hope I will be making profits from it one day. But I don't hope and I'm not going to ever make profits from gambling. Gambling shouldn't be regarded as a possibility to make profits imo.
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July 17, 2017, 08:52:03 PM
 #865

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 trading when you see the market on the red signal that really hurts.

But there's always a hope in there but in gambling, when your money or coins are already with the house or you lose.

The only way to recover it is to play again and lose again.

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July 17, 2017, 09:11:52 PM
 #866

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 trading when you see the market on the red signal that really hurts.

But there's always a hope in there but in gambling, when your money or coins are already with the house or you lose.

The only way to recover it is to play again and lose again.

Well I agree with you that gambling is a fast killer where as trading even though a killer too but a slow killer so you might stand a chance to completely get killed/burned and change things before it gets worse but the same can't be said of gambling.
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July 17, 2017, 10:32:38 PM
 #867

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 trading when you see the market on the red signal that really hurts.

But there's always a hope in there but in gambling, when your money or coins are already with the house or you lose.

The only way to recover it is to play again and lose again.

Well I agree with you that gambling is a fast killer where as trading even though a killer too but a slow killer so you might stand a chance to completely get killed/burned and change things before it gets worse but the same can't be said of gambling.
I never think I will lose more money in trading that I could lose in gambling. It was already proven by me that trading could give a long term success while gambling is really not possible for me but I still do not give up gambling, instead I just play it for fun while focus much of my time in trading.

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July 17, 2017, 11:13:56 PM
 #868

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.
Actually, it’s better to trade than to play it in gambling. In addition to that, in trading you can a sure that you money or bitcoin will come back while in gambling there is no possibility that you can will come back. Gambling is too risky and gambling doesn’t make you rich and it will make sorrow if you lose a lot of bitcoin or money.
Yeaaa trading won't make your whole money burned.
Unless you are trading shitcoin that almost guaranteed to run scam which you can never predict it.
Trading are better as long as you do it properly without greedy feeling like gambling.

Yes of course trading has a bigger advantage rather than gambling and even you hold it for a long time,  but still you will benefit the whole idea of saving your coin. I had no good chances of gambling as it is very prone on losing your bets, well there's no certain assurance of winning the prize of game and all you hope for is a lucky winning that you will gain instantly.
The things make trading more reasonable and better than gambling is about how the probability works.
In gambling almost nothing you can do to change the outcome.
But in trading you could have a chance to make an accurate prediction , as the market itslef run by people like us not like how the casino works with its fixed house edge .
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July 17, 2017, 11:45:26 PM
 #869

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 trading when you see the market on the red signal that really hurts.

But there's always a hope in there but in gambling, when your money or coins are already with the house or you lose.

The only way to recover it is to play again and lose again.

Well I agree with you that gambling is a fast killer where as trading even though a killer too but a slow killer so you might stand a chance to completely get killed/burned and change things before it gets worse but the same can't be said of gambling.
Both of them is very risky thing, but as you said, gambling is a fast killer you can lost money in an instant while in trading, it is very low chances that you are going to lost your investment in hours, but gambling is profit is based on yourself, its mean that you can make profit without any limitation, while in trading your profit get limited by the rising, so it is the matter on how you dare to take the risk
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July 17, 2017, 11:59:11 PM
 #870

Well for me I like both but do prefer gambling on sports as I bet most days and seem to do much better then day trading which I have since given up on as I lost some BTC day trading so now I just stick to buying coins for the long term and just wait for them to go up to make my profit. 

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July 18, 2017, 12:52:35 AM
 #871

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.

I don't think so, losing in money in Trading is only when you've sold your coins in the wrong time, but if you are going to be patient on Trading and going to analyze things, and study things about how Trading works, then the return would be good to you, and you could even make a large profits in a very sure way, unlike in gambling that you are just relying on your luck if you are going to win or not, that is why Trading is more better.
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July 18, 2017, 02:23:07 AM
 #872

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.

I don't think so, losing in money in Trading is only when you've sold your coins in the wrong time, but if you are going to be patient on Trading and going to analyze things, and study things about how Trading works, then the return would be good to you, and you could even make a large profits in a very sure way, unlike in gambling that you are just relying on your luck if you are going to win or not, that is why Trading is more better.
that's everyone's points of view as well since in trading you can use more resources in order to know what particular movements can happen while in gambling most of the time you are just relying with your luck and even there's some tips its still not reliable.
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July 18, 2017, 03:18:14 AM
 #873

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).
are you sure with what you say? in my opinion there's nothing definite in gambling or trading especially if you choose to play long-term because the key to making a profit in both options is that you have to stop or sell after you've made a profit.

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July 18, 2017, 03:21:44 AM
 #874

Well for me I like both but do prefer gambling on sports as I bet most days and seem to do much better then day trading which I have since given up on as I lost some BTC day trading so now I just stick to buying coins for the long term and just wait for them to go up to make my profit. 
Gambling is definitely not safer than picking high market cap coins and waiting for a year, definitely the investment will get you a higher profit in long term. The thing is that in Gambling you can get a boom profit in a day but in long term you will lose them.

Sports-book is a good and wise choice of pro gamblers as the house has no control on the results but what they can do is they can manipulate the odds.

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July 18, 2017, 03:24:05 AM
 #875

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).

I beg to disagree. Been with a Primedice for over a year now and I am still at profit.

Guess its only a matter of where you do better. In my POV gambling.

It is quite hard to believe if some one is making money from gambling for a long period, particularly from a dice game. Because this game needs only luck to win money so you may win few times but if you play every day or regularly then I don't think we can win money. It is based on my experience with this game.
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July 18, 2017, 03:39:38 AM
 #876

Well for me I like both but do prefer gambling on sports as I bet most days and seem to do much better then day trading which I have since given up on as I lost some BTC day trading so now I just stick to buying coins for the long term and just wait for them to go up to make my profit. 

Gambling on sports is a bit safer though as you can practically know how each team or individual plays his game before staking a bet unlike casinos and other quick killer gambling games. Trading in the other hand is safe because you have parameters that you can set to guide your investments and so if there's any decline you'll not completely loose out.
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July 18, 2017, 08:05:08 AM
 #877

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 do both, I gamble and I trade, however those activities are completely different from each other, trading is an activity that you do mostly to earn money, while gambling is an activity in which you spend money in order to get fun, so even if there is the possibility to make money in gambling and get your fun too that is not something that you should be relying on.

You are doing both of them, than you know better that which way is better for earning wise, and where you could earn more in trading or in gambling. I know your answer, that you must have earned from trading than gambling. Then who will win in Trading vs Gambling. Of course Trading. But as a gamble we will continue both of them, even we have not enough earning from gambling.
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July 18, 2017, 11:51:17 AM
 #878

Well for me I like both but do prefer gambling on sports as I bet most days and seem to do much better then day trading which I have since given up on as I lost some BTC day trading so now I just stick to buying coins for the long term and just wait for them to go up to make my profit. 

Gambling on sports is a bit safer though as you can practically know how each team or individual plays his game before staking a bet unlike casinos and other quick killer gambling games. Trading in the other hand is safe because you have parameters that you can set to guide your investments and so if there's any decline you'll not completely loose out.

but if we don't have skill in sports then its the same as we are prepare to losing our money. only people which have good skill in sports that can win. this is the same as trading, if we don't have skills in trading, then we can not make profit. but i am prefer to do trading than playing gambling because i want to make money in trading.

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July 18, 2017, 11:57:30 AM
 #879

Well for me I like both but do prefer gambling on sports as I bet most days and seem to do much better then day trading which I have since given up on as I lost some BTC day trading so now I just stick to buying coins for the long term and just wait for them to go up to make my profit. 

Gambling on sports is a bit safer though as you can practically know how each team or individual plays his game before staking a bet unlike casinos and other quick killer gambling games. Trading in the other hand is safe because you have parameters that you can set to guide your investments and so if there's any decline you'll not completely loose out.

but if we don't have skill in sports then its the same as we are prepare to losing our money. only people which have good skill in sports that can win. this is the same as trading, if we don't have skills in trading, then we can not make profit. but i am prefer to do trading than playing gambling because i want to make money in trading.
Trading does really need experience and knowledge in able for you to be profitable but knowing that learning trading wont really be as easy as we think and cant be done overtime. Same as yours i would suggest trading rather than on doing gambling. They have both risk on losing money but gambling do really have more the risk and we do all know that. Trading can be only like gambling if you dont really know what you are doing.

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July 18, 2017, 01:29:17 PM
 #880

Well for me I like both but do prefer gambling on sports as I bet most days and seem to do much better then day trading which I have since given up on as I lost some BTC day trading so now I just stick to buying coins for the long term and just wait for them to go up to make my profit. 

Gambling on sports is a bit safer though as you can practically know how each team or individual plays his game before staking a bet unlike casinos and other quick killer gambling games. Trading in the other hand is safe because you have parameters that you can set to guide your investments and so if there's any decline you'll not completely loose out.

but if we don't have skill in sports then its the same as we are prepare to losing our money. only people which have good skill in sports that can win. this is the same as trading, if we don't have skills in trading, then we can not make profit. but i am prefer to do trading than playing gambling because i want to make money in trading.

Well trading has good purpose with regards to gambling and if you prefer to choose gambling, that would be such worst case due to more loses rather than you win. In making good money in the future, there you can win by trading your coins being hold and never loss it through your lucky bets. The fun of gambling is only a temporary happiness, but the fun from the profit you've gained from trading, is very memorable and can be treasured for the entire days of your life.
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