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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)
Kevin77
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July 20, 2017, 09:40:29 PM
 #901

Trading bitcoin (like Forex) is almost the same as gambling IMO, unless you do it with effort and analysis, it might even be very hard for newbies to do analysis from my previous experience and more of gamblers rather than traders.
Of course trading is better than gambling, it's just common sense considering gambling is trading but with negative odds (house edge).

Trading is similar to gambling but they are not totally similar. They have still some differences, we are just talking about the risk that we may take in trading and gambling. If you want to be safe with your bitcoins and you want to earn slowly but surely then you may choose to go with trading. But if you want fast way of earning, go for gambling.
One small corrections : if you want to earn, you need to go for trading (for both slow and fast earning). If you want to spend, you need to for gambling (always as fast as anything). Remember always : earning is not possible from gambling and that is the differences between these two fields.
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July 20, 2017, 10:00:37 PM
 #902

We like tradin better , it gives more ROI to people, we can make 50-100% profit easily from trading. Trading altcoins on Yobit can be very profitable.
So I'm practically talking about the same thing, that trading is much calmer than the name of risky work than gambling. I want to have fun and have fun thanks to the games you can do very well, but it ends very badly.

blockman
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July 20, 2017, 10:08:47 PM
 #903

Gambling and trading comparison is now popular but we don't have to do this. People who are earning in trading are happy there and gamblers are happy also. Both things can be profitable if you just know how to do it in a nice and wise manner.

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Monnt
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July 20, 2017, 11:03:44 PM
 #904

Trading bitcoin (like Forex) is almost the same as gambling IMO, unless you do it with effort and analysis, it might even be very hard for newbies to do analysis from my previous experience and more of gamblers rather than traders.
Of course trading is better than gambling, it's just common sense considering gambling is trading but with negative odds (house edge).

Trading is similar to gambling but they are not totally similar. They have still some differences, we are just talking about the risk that we may take in trading and gambling. If you want to be safe with your bitcoins and you want to earn slowly but surely then you may choose to go with trading. But if you want fast way of earning, go for gambling.
One small corrections : if you want to earn, you need to go for trading (for both slow and fast earning). If you want to spend, you need to for gambling (always as fast as anything). Remember always : earning is not possible from gambling and that is the differences between these two fields.
I do not agree that earning is not possible from gambling, it is always possible because we do see gamblers are sharing about their profit making but unable to withdraw due to greediness. I guess it is common even for trading because there are traders go for utilizing their profits and ending up in losing it.

I'm not saying there will be no differences between trading and gambling but there could be many similarities between these two. But most of the time I too could not find any big differences between trading and gambling.
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July 20, 2017, 11:09:17 PM
 #905

We like tradin better , it gives more ROI to people, we can make 50-100% profit easily from trading. Trading altcoins on Yobit can be very profitable.
trading inside yobit is very risky mate, chances of having problem with your withdrawal is on stake if you really love to trade go to trex or other
exchange that have more bigger volume, trading would be much better if you have a lots of time and you know how it works but if you are just
playing with the pnd coins better to watch out because anytime you can lose it all.
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July 20, 2017, 11:11:16 PM
 #906

Trading bitcoin (like Forex) is almost the same as gambling IMO, unless you do it with effort and analysis, it might even be very hard for newbies to do analysis from my previous experience and more of gamblers rather than traders.
Of course trading is better than gambling, it's just common sense considering gambling is trading but with negative odds (house edge).

Trading is similar to gambling but they are not totally similar. They have still some differences, we are just talking about the risk that we may take in trading and gambling. If you want to be safe with your bitcoins and you want to earn slowly but surely then you may choose to go with trading. But if you want fast way of earning, go for gambling.
One small corrections : if you want to earn, you need to go for trading (for both slow and fast earning). If you want to spend, you need to for gambling (always as fast as anything). Remember always : earning is not possible from gambling and that is the differences between these two fields.
I do not agree that earning is not possible from gambling, it is always possible because we do see gamblers are sharing about their profit making but unable to withdraw due to greediness. I guess it is common even for trading because there are traders go for utilizing their profits and ending up in losing it.

I'm not saying there will be no differences between trading and gambling but there could be many similarities between these two. But most of the time I too could not find any big differences between trading and gambling.

If you cannot find any difference between the two, probably you are lucky in gambling or you suck in trading (sorry for the term) though I hope it is the first one Smiley.  Because in my point point of view the risk involve itself is a big difference between gambling and trading.  It has been stated several times that the risk in trading can be manage while gambling cannot.

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Noctis Connor
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July 20, 2017, 11:24:59 PM
 #907

We like tradin better , it gives more ROI to people, we can make 50-100% profit easily from trading. Trading altcoins on Yobit can be very profitable.
yes we can make that easily but you need to have more coins or alternative coins in trading you need to stock coins to be assured your earnings because if you are just depending on one coin only maybe you can't get your roi that fast maybe you need to trade or buy those coins that has possibilities to increase fast.
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July 20, 2017, 11:43:56 PM
 #908

We like tradin better , it gives more ROI to people, we can make 50-100% profit easily from trading. Trading altcoins on Yobit can be very profitable.
Yes if a person is searching or money then yes he have to choose for to go to trading as gambling is a source of entertainment and making money with gambling is not sensible. With trading you can earn money with your skills but in gambling you can make money only if you are the owner of the casino.
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July 21, 2017, 06:16:21 AM
 #909

Trading bitcoin (like Forex) is almost the same as gambling IMO, unless you do it with effort and analysis, it might even be very hard for newbies to do analysis from my previous experience and more of gamblers rather than traders.
Of course trading is better than gambling, it's just common sense considering gambling is trading but with negative odds (house edge).

Trading is similar to gambling but they are not totally similar. They have still some differences, we are just talking about the risk that we may take in trading and gambling. If you want to be safe with your bitcoins and you want to earn slowly but surely then you may choose to go with trading. But if you want fast way of earning, go for gambling.
In general, trading is not similar to gambling at all. Although that does depend on the game. Poker can be similar to trading, since it involves a psychological aspect. But traditional "gambling" games are nothing like trading, unless the "trader" has no clue what he's doing and trading blindly.

I don't understand why poker is the only game you compared with trading as similar activities. They have both risk and needs extensive way of thinking and in that way that's making me and others believe they have similarity but has still some differences that makes it not totally and completely the same.

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July 21, 2017, 06:20:09 AM
 #910

Trading is something like gambling.But i think trading is something risk free if you become an expert.You can trade professionally and can gamble for entertainment.All is about your mind.
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July 21, 2017, 06:27:02 AM
 #911

Trading is something like gambling.But i think trading is something risk free if you become an expert.You can trade professionally and can gamble for entertainment.All is about your mind.
It is not al about mind it is knowledge and skills as much as you can ,Trading isnt a risk free all investments have their own level of risk and itcan be minimized only by your understanding to make an effective moves.


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July 21, 2017, 06:36:20 AM
 #912

Gamble when you feel lucky, otherwise invest more time in speculating market and that's how i do  Tongue

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July 21, 2017, 07:49:20 AM
 #913

Gamble when you feel lucky, otherwise invest more time in speculating market and that's how i do  Tongue

When we feel lucky? but how do we know that we are lucky? we dont know when do we feel lucky. Even if I feel lucky sometimes my luck will not work in gambling site and Im just going to lose again. I dont want to lose but it is not avoidable that is why I dont feel that it is something that can be controlled
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July 21, 2017, 10:20:43 AM
 #914

Gamble when you feel lucky, otherwise invest more time in speculating market and that's how i do  Tongue
Do you have some radar on when you can feel that you are lucky? I personally say that it can't be feel anyway as long as you are in action and you keep on winning then you can feel that you are lucky. It's the same thing in trading, sometimes we are just lucky to buy those coins at lower price then after that the price starts to increase.

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July 21, 2017, 10:25:40 AM
 #915

We can not equate gambling with trading because it is so different. Gambling only relies on 99% luck. But for trading we can use analysis and many things that make us no loss

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8Habits
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July 21, 2017, 10:39:31 AM
 #916

We can not equate gambling with trading because it is so different. Gambling only relies on 99% luck. But for trading we can use analysis and many things that make us no loss

In fairness, there are gambling that requires similar skills to trading. Poker and sports betting are few examples of gambling that not only rely on luck but on skills. But yes, majority of gambling games are based on pure luck which is hard sometimes that people prefers to gamble than trade if their main goal is to earn profit.
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July 21, 2017, 11:29:27 AM
 #917

We can not equate gambling with trading because it is so different. Gambling only relies on 99% luck. But for trading we can use analysis and many things that make us no loss

In fairness, there are gambling that requires similar skills to trading. Poker and sports betting are few examples of gambling that not only rely on luck but on skills. But yes, majority of gambling games are based on pure luck which is hard sometimes that people prefers to gamble than trade if their main goal is to earn profit.
That's true but still only few people has the skills to be able to win in the long run, I even tried to have my journey in sports betting but I failed because it was not easy as I think. Now, I realized that I will lose more money if I will pursue my goal so I just stop and let go of my loses, I can gamble now for fun and that is alright with me even if I lose.

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July 21, 2017, 01:33:39 PM
 #918

Trading and Gambling are both the same risk involved, and they're both big different to one another.
Because Gambling is commonly used for fun and relaxation for the majority players in the gambling site while Trading
is commonly used for doing trade in the platform where they can buy or sell bitcoin or altcoins. Meaning it is called your own business as
well and assets too.
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July 21, 2017, 01:51:43 PM
 #919

We can not equate gambling with trading because it is so different. Gambling only relies on 99% luck. But for trading we can use analysis and many things that make us no loss
Gambling depends 100% on luck unless you are playing skill games.
But yes, for trading you need to wait for price to go down, buy coins and wait for price to go up and sell coins.
You can't do that in gambling, you place your bet and hope for best.

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July 21, 2017, 01:59:05 PM
 #920

Trading is the best and fastest way I've ever gotten to add bitcoin, but in gambling, I always lose my money, but most likely, more gambling players than trading. But I feel that trading is still better. Many are more likely to gamble perhaps because they really love the game that pumps adrenaline
there are lots of people in gambling because a lot of people doesn't know how to invest and how to do it or how to make their bitcoin grow in investing. But I agree that trading is better than gambling because most of the time we are just losing money in gambling.

There are many people in gambling because everyone wants an easy and fast money without doing any hard work and they think that it can be possible only in gambling. But in reality, they will not make money. Instead, they lose more money in gambling, and by the time most of the gamblers realise this it will too late and might have lost lot of money in it. Go to gambling only if you want to enjoy your free time and not to make money from it.
Exactly, that is true that some other people are playing gambling because they really want an easy money and fast money without doing a hard work they wanted to hit the jackpot in one click. Sometimes gamblers are lucky enough to do it, but some gamblers can't make it, because most of the time gambling is really more on luck. We can just do gambling with our spare time and if we want some entertainment or we want to use some of our spare money. Unlike in trading, trading is better for me because in trading we can make money in a long run and trading is for the person who thinks for their future.
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