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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 24497 times)
pungopete468
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September 04, 2017, 02:46:38 AM
 #1161

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.

Trading is always an better choice to earn money in compare to gambling as in gambling sometimes you will make money and sometimes you will loose but if you have good knowledge of trading then you can make money each and every time you trade.
Gambling is preferred because it's fast and funny, for example you have $ 100, but the phone you want is $ 200, you need to find 100 dollars missing quickly, you have 50% chance  : Wink
That's not a good analysis, the thing is you only think of the good outcome, what if you lose, you forget
to consider that there are two results when you gamble.

Exactly either you win or you loose in gambling and most of the times you know what will be the result as you will keep on loosing money in it but if you are a good trader then you can make daily profits by getting into day trading and its always better then gambling.

.
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RealPhotoshoper
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September 04, 2017, 03:27:04 AM
 #1162

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.
Actually trading sometimes feel like a game , yeaaa a game of money / game of predicting.
Both is so similar , but basically trading considered as a legitimate one to get a profitable income.
As gambling is -EV , you cannot expect always having profit there.
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September 04, 2017, 03:30:27 AM
 #1163

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.

Trading is always an better choice to earn money in compare to gambling as in gambling sometimes you will make money and sometimes you will loose but if you have good knowledge of trading then you can make money each and every time you trade.
Gambling is preferred because it's fast and funny, for example you have $ 100, but the phone you want is $ 200, you need to find 100 dollars missing quickly, you have 50% chance  : Wink

And what if you loose that $100 in gambling? As there are more chances of loosing money in gambling instead of doubling it as the probability in gambling is 50 50 and not every time you can win money with it so its an big risk to take as at the end of the day you will be left with nothing in your hands.
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September 04, 2017, 11:08:42 AM
 #1164

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.
Actually trading sometimes feel like a game , yeaaa a game of money / game of predicting.
Both is so similar , but basically trading considered as a legitimate one to get a profitable income.
As gambling is -EV , you cannot expect always having profit there.

In trading, as long as you are not doing the margin trading, you are good because you will have the altcoins you bought forever to you and you will only going to profit or lose the time you sell it. So, if the price is down, better not sell it yet and only sell it to the price that you are already profitable.
redsun114
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September 04, 2017, 03:10:34 PM
Last edit: September 06, 2017, 07:46:32 PM by redsun114
 #1165

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 prefer gambling, yes maybe because I'm not lucky if trading. I often lose money when trading. different when gambling, winning and losing it mostly win. maybe my talent is gambling Grin Grin
I admire your honesty.
If you have gambling charm then obviously I won't advise you to stop but I really am dying to know the highest amount you have won in gambling or the total profit you have made so far due to gambling. Also, trading requires skills and you can make it if you don't have any.

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September 04, 2017, 03:36:02 PM
 #1166

Trading is better than gambling, because you can really use the analysis to get a constant profit. Gambling is used only for entertainment and very rarely to not lose a lot of money.

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September 04, 2017, 05:32:42 PM
 #1167

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.
Only in some culture, gamblers are not being treated with respect. But after online gambling has become easier one for anyone to access, gamblers are able to keep their gambling activities highly confidential hence you could not find any big differences between trader and gambler to treat with.

But honestly I am completely against treating gambler with less respect.
bitcoinmasterlord
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September 04, 2017, 06:37:42 PM
 #1168

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.
Only in some culture, gamblers are not being treated with respect. But after online gambling has become easier one for anyone to access, gamblers are able to keep their gambling activities highly confidential hence you could not find any big differences between trader and gambler to treat with.

But honestly I am completely against treating gambler with less respect.
Trading can do only professionals and trading is a regular job for many people. We will see a lot of day traders in our real life. That is why they have good respect. But gambling is a fun game and here no incoming only out going, and many people lost their home, family, assets etc. So people will look gamblers differently.
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September 04, 2017, 06:42:50 PM
 #1169

well, I think it's very clear the difference between gambling, gambling and trading. maybe, just the lay people who say that trading and gambling are the same. it looks like the same, but there are big differences between them, because gambling with luck, and trading with skill
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September 04, 2017, 07:30:27 PM
 #1170

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.
Yeah the common mistakes is when you consider gambling as a source of earning ,
People are too greedy , they can't even think properly when it comes to gambling ,
But when you do trading it's pretty different really ,
Much more comfortable to make money through trading instead gambling for sure.
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September 06, 2017, 08:00:38 AM
 #1171

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.
Actually trading sometimes feel like a game , yeaaa a game of money / game of predicting.
Both is so similar , but basically trading considered as a legitimate one to get a profitable income.
As gambling is -EV , you cannot expect always having profit there.

In trading, as long as you are not doing the margin trading, you are good because you will have the altcoins you bought forever to you and you will only going to profit or lose the time you sell it. So, if the price is down, better not sell it yet and only sell it to the price that you are already profitable.
Trading is much better than gambling.  In the trading, there are a little chances of a loss if you are not doing trading at the margin or edge. This is because your altcoins will remain saved up besides as long as the prices are not high enough to deal with them. On the other hand gambling could earn you huge losses only in a matter of seconds.
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September 06, 2017, 05:41:58 PM
Last edit: September 06, 2017, 06:19:22 PM by phr0stbyt3
 #1172

Trading is a bit risky and earning profits from trading can be hard for many when you start in the starting with trading it can take time to get profits but when you compare it with gambling it is always better and gambling is instead a faster way of making earning the only issue is there is a chance of losing your funds while in trading if you buy now you can get easy profit as most coins are down
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September 06, 2017, 05:55:34 PM
 #1173

Trading is better than gambling, because you can really use the analysis to get a constant profit. Gambling is used only for entertainment and very rarely to not lose a lot of money.

Trading is better because trading depends on you. While gambling is too dependent on luck. Depending on you means you who make it, depending on luck means the luck that makes it. And luck we can not control.
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September 06, 2017, 06:06:04 PM
 #1174

Trading is better than gambling, because you can really use the analysis to get a constant profit. Gambling is used only for entertainment and very rarely to not lose a lot of money.

Trading is better because trading depends on you. While gambling is too dependent on luck. Depending on you means you who make it, depending on luck means the luck that makes it. And luck we can not control.

Sometimes the trading also depends on our luck. Our bad luck the price went down and picked up means what we will call that it's our bad luck right and suddenly the price increase we call it' our good luck. So in both trading and gambling, we need to luck to make money.
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September 06, 2017, 06:08:32 PM
 #1175

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.
Actually trading sometimes feel like a game , yeaaa a game of money / game of predicting.
Both is so similar , but basically trading considered as a legitimate one to get a profitable income.
As gambling is -EV , you cannot expect always having profit there.

In trading, as long as you are not doing the margin trading, you are good because you will have the altcoins you bought forever to you and you will only going to profit or lose the time you sell it. So, if the price is down, better not sell it yet and only sell it to the price that you are already profitable.
Trading is much better than gambling.  In the trading, there are a little chances of a loss if you are not doing trading at the margin or edge. This is because your altcoins will remain saved up besides as long as the prices are not high enough to deal with them. On the other hand gambling could earn you huge losses only in a matter of seconds.
When we do talk about on how gonna fast to lose up your funds then gambling would really be the winner here since you can lose your money in a blink of an eye but at the same time you can earn money in a blink of an eye too but this thing is only good for past time not for long term basis.Trading is less riskier specially if you do have the knowledge on doing it.

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September 06, 2017, 07:21:02 PM
 #1176

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.
Yeah the common mistakes is when you consider gambling as a source of earning ,
People are too greedy , they can't even think properly when it comes to gambling ,
But when you do trading it's pretty different really ,
Much more comfortable to make money through trading instead gambling for sure.
Gambling is thought to be a way of earning by many people but actually it is not true. Gambling is totally a luck based game and if someone losses then he might not find it a business or reliable job to earn profits on daily basis. On the other hand trading or investing money in some sort of work is far better choice than simply gambling with saved amounts.
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September 06, 2017, 10:27:58 PM
 #1177

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.
Yeah the common mistakes is when you consider gambling as a source of earning ,
People are too greedy , they can't even think properly when it comes to gambling ,
But when you do trading it's pretty different really ,
Much more comfortable to make money through trading instead gambling for sure.
Gambling is thought to be a way of earning by many people but actually it is not true. Gambling is totally a luck based game and if someone losses then he might not find it a business or reliable job to earn profits on daily basis. On the other hand trading or investing money in some sort of work is far better choice than simply gambling with saved amounts.

You are correct mate - gambling should not be treated as a business and must only be looked at as one of your ways to have fun and entertainment. Being said that, it is not really advisable to hope to get money out of it when you need most the money. Trading is a good one - with cryptocurrency, the patient trader wins.
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September 06, 2017, 10:32:28 PM
 #1178

I will do more trading than gambling, In trading there is only a small risk of losing your investment if you know where to put your money. The growth of our money in trading is depend on the progress of the investment we take. We can diverse all our funds in trading to avoid loses. In gambling, this is a quick money to earn and to lose. We only depend on our luck in gambling and we can win or lose in instant.

aaaamm
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September 07, 2017, 01:10:42 AM
 #1179

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.
Yeah the common mistakes is when you consider gambling as a source of earning ,
People are too greedy , they can't even think properly when it comes to gambling ,
But when you do trading it's pretty different really ,
Much more comfortable to make money through trading instead gambling for sure.
Gambling is thought to be a way of earning by many people but actually it is not true. Gambling is totally a luck based game and if someone losses then he might not find it a business or reliable job to earn profits on daily basis. On the other hand trading or investing money in some sort of work is far better choice than simply gambling with saved amounts.

You are correct mate - gambling should not be treated as a business and must only be looked at as one of your ways to have fun and entertainment. Being said that, it is not really advisable to hope to get money out of it when you need most the money. Trading is a good one - with cryptocurrency, the patient trader wins.

That is the problem why most of the gamblers are losing too much on gambling. They are making gambling as their daily living, which is very wrong but we can't blame them though, they have lost most of their money so they don't have a choice but to win it back. It is either you accept it or continue doing gambling, but if you want to get back all of your losses, it would be better if you are just going to accept it and move on.
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September 07, 2017, 02:07:32 AM
 #1180

I will do more trading than gambling, In trading there is only a small risk of losing your investment if you know where to put your money. The growth of our money in trading is depend on the progress of the investment we take. We can diverse all our funds in trading to avoid loses. In gambling, this is a quick money to earn and to lose. We only depend on our luck in gambling and we can win or lose in instant.
Our decision really matters and we have to choose on the one that could really bring profit to us, trading is the way to make constant income because in gambling you are betting against a casino which is very hard to beat or maybe impossible to beat if we just rely on our luck.
We can try both but in the end let's evaluate where we are good at, and if we are not winning in gambling then for sure trading would be the best way to make money.

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