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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)
ardentvolcanoes
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September 23, 2017, 02:48:10 PM
 #1241

But occasional trading also annoying, because if has floating minus long enough. So must be patient waiting to make profit even for only 5%. While in gambling, it looks so easy to reach 5%. but just sometimes.

That just sometimes is the key factor in gambling. It looks easy but you're not sure whether you can reach that 5% target or not in gambling. But in trading, if you do some research before investing than you will get a chance to reach that 5% profit range but it may take some time to reach your target profit. Money making always takes time and there are not instant options to earn profits without risking your money.


Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer


Indeed mate.. that happened to me once and it really hurts for losing a big amount of money in trading. So now I'm always careful when putting money in trading and same goes with gambling I always make sure that I'm always in control.
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September 23, 2017, 04:17:54 PM
 #1242

i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling
Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading.

You cant compare trading and gambling. Both have advantages and disadvantages and both attract different types of customers. Traders are mostly professional and they trade to earn a living. Gambling is a game which is play by most people in leisure time and it is not necessarily a fixed income for most of the gamblers.
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September 25, 2017, 10:00:58 AM
 #1243

i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling
Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading.

You cant compare trading and gambling. Both have advantages and disadvantages and both attract different types of customers. Traders are mostly professional and they trade to earn a living. Gambling is a game which is play by most people in leisure time and it is not necessarily a fixed income for most of the gamblers.

not to mention those successful cryptocurrency traders possess a great deal of patience apart from the trading skills and knowledge in cryptocurrency trading. crypto trading is a different beast from ordinary stocks and forex trading.
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September 25, 2017, 12:28:30 PM
 #1244

Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer

There's no investment that will not give you headache or pain when something is happening crazily. There are so many challenges that will make your heart stronger when you are trading with alt coin and this is going to be one of the hardest part in trading. But even this is happening I'm not going to give up and I'll keep on trading with alt coins while gambling also for my stress reliever.

Maddinson100
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September 25, 2017, 01:47:44 PM
 #1245

Gambling is indeed just a game, some people believe that gambling is like investing in fast forward, since in investing there is still that we rely sometimes in luck to profit. But generally the risks in trading is quite different from gambling. In trading you can minimize risks because you can execute some strategy that can do this, however in gambling you cannot change the outcome of a dice roll.
Gambling does not only involve dice games. People play poker too. Assuming that you know poker, it can be won by applying some strategies.

However, the difference between gambler and trader is, a trader can learn and enhance his wisdom even from zero, but gamblers need god gifted talent. All games rely on either luck or talent you are born with.
Sorry to oppose but if a person does not get good cards in the game of poker, it does not matter how good a bluffer he is, still he will lose.

But your definitions of gambler and trader are indeed correct ones. Gambler needs luck whereas a trader makes his luck.
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September 25, 2017, 02:01:37 PM
 #1246

But occasional trading also annoying, because if has floating minus long enough. So must be patient waiting to make profit even for only 5%. While in gambling, it looks so easy to reach 5%. but just sometimes.

That just sometimes is the key factor in gambling. It looks easy but you're not sure whether you can reach that 5% target or not in gambling. But in trading, if you do some research before investing than you will get a chance to reach that 5% profit range but it may take some time to reach your target profit. Money making always takes time and there are not instant options to earn profits without risking your money.


Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer


Indeed mate.. that happened to me once and it really hurts for losing a big amount of money in trading. So now I'm always careful when putting money in trading and same goes with gambling I always make sure that I'm always in control.

Being in control in everything you do makes it easier to be profitable although, having randomness in some of what we do make it exciting and thrilling. You may say I'm a dreamer, but I am not the only one who seeks excitement in life.

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September 25, 2017, 02:12:23 PM
 #1247

i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling
Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading.

You cant compare trading and gambling. Both have advantages and disadvantages and both attract different types of customers. Traders are mostly professional and they trade to earn a living. Gambling is a game which is play by most people in leisure time and it is not necessarily a fixed income for most of the gamblers.
of course you can , it has similar way to make money through certain predictions.

while gambling provides you bigger risk with bigger return , trading provides you a reasonable return with reasonable risk to take. you just need to learn more but you can not learn anything for sure from gambling. you better choose to trade.

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Oilacris
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September 25, 2017, 02:19:07 PM
 #1248

But occasional trading also annoying, because if has floating minus long enough. So must be patient waiting to make profit even for only 5%. While in gambling, it looks so easy to reach 5%. but just sometimes.

That just sometimes is the key factor in gambling. It looks easy but you're not sure whether you can reach that 5% target or not in gambling. But in trading, if you do some research before investing than you will get a chance to reach that 5% profit range but it may take some time to reach your target profit. Money making always takes time and there are not instant options to earn profits without risking your money.


Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer


Indeed mate.. that happened to me once and it really hurts for losing a big amount of money in trading. So now I'm always careful when putting money in trading and same goes with gambling I always make sure that I'm always in control.

Being in control in everything you do makes it easier to be profitable although, having randomness in some of what we do make it exciting and thrilling. You may say I'm a dreamer, but I am not the only one who seeks excitement in life.
You are not the only one who do seek excitement on life but most people for sure. Everything should be in control so that we wont able to make excess engagement with it which would really result into negative.Regarding on the topic i would say that trading is less riskier compared on gambling since we can able to learn the proper ways on how to trade to increase our chances on having a profitable trades unlike on gambling which is solely dependent on luck alone.
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September 25, 2017, 04:20:35 PM
 #1249

But occasional trading also annoying, because if has floating minus long enough. So must be patient waiting to make profit even for only 5%. While in gambling, it looks so easy to reach 5%. but just sometimes.

That just sometimes is the key factor in gambling. It looks easy but you're not sure whether you can reach that 5% target or not in gambling. But in trading, if you do some research before investing than you will get a chance to reach that 5% profit range but it may take some time to reach your target profit. Money making always takes time and there are not instant options to earn profits without risking your money.


Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer


Indeed mate.. that happened to me once and it really hurts for losing a big amount of money in trading. So now I'm always careful when putting money in trading and same goes with gambling I always make sure that I'm always in control.

Being in control in everything you do makes it easier to be profitable although, having randomness in some of what we do make it exciting and thrilling. You may say I'm a dreamer, but I am not the only one who seeks excitement in life.
You are not the only one who do seek excitement on life but most people for sure. Everything should be in control so that we wont able to make excess engagement with it which would really result into negative.Regarding on the topic i would say that trading is less riskier compared on gambling since we can able to learn the proper ways on how to trade to increase our chances on having a profitable trades unlike on gambling which is solely dependent on luck alone.

there are gambling that are not based on pure luck like poker and sports betting. yes, I agree that it is really less riskier to trade than to gamble but there is a caveat there: you need to do your homework and learn the skill of trading especially the cryptocurrency trading..
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September 25, 2017, 05:17:03 PM
 #1250

But occasional trading also annoying, because if has floating minus long enough. So must be patient waiting to make profit even for only 5%. While in gambling, it looks so easy to reach 5%. but just sometimes.

That just sometimes is the key factor in gambling. It looks easy but you're not sure whether you can reach that 5% target or not in gambling. But in trading, if you do some research before investing than you will get a chance to reach that 5% profit range but it may take some time to reach your target profit. Money making always takes time and there are not instant options to earn profits without risking your money.


Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer


Indeed mate.. that happened to me once and it really hurts for losing a big amount of money in trading. So now I'm always careful when putting money in trading and same goes with gambling I always make sure that I'm always in control.

Being in control in everything you do makes it easier to be profitable although, having randomness in some of what we do make it exciting and thrilling. You may say I'm a dreamer, but I am not the only one who seeks excitement in life.
You are not the only one who do seek excitement on life but most people for sure. Everything should be in control so that we wont able to make excess engagement with it which would really result into negative.Regarding on the topic i would say that trading is less riskier compared on gambling since we can able to learn the proper ways on how to trade to increase our chances on having a profitable trades unlike on gambling which is solely dependent on luck alone.

there are gambling that are not based on pure luck like poker and sports betting. yes, I agree that it is really less riskier to trade than to gamble but there is a caveat there: you need to do your homework and learn the skill of trading especially the cryptocurrency trading..

I agree with you that poker is not a game that is fully based on luck but I do not agree with you that sportsbooks are not fully based on luck.
You can't really predict the odds better then the sportsbook does, as they are having experts and are also using some analyze materials that are hard to overcome.
If you take all of this, and also adds an house edge of about 8% that most of the sportsbook charges you receives a zero chance to win against them at the long run.
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September 25, 2017, 05:49:53 PM
 #1251

But occasional trading also annoying, because if has floating minus long enough. So must be patient waiting to make profit even for only 5%. While in gambling, it looks so easy to reach 5%. but just sometimes.

That just sometimes is the key factor in gambling. It looks easy but you're not sure whether you can reach that 5% target or not in gambling. But in trading, if you do some research before investing than you will get a chance to reach that 5% profit range but it may take some time to reach your target profit. Money making always takes time and there are not instant options to earn profits without risking your money.


Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer


Indeed mate.. that happened to me once and it really hurts for losing a big amount of money in trading. So now I'm always careful when putting money in trading and same goes with gambling I always make sure that I'm always in control.

Being in control in everything you do makes it easier to be profitable although, having randomness in some of what we do make it exciting and thrilling. You may say I'm a dreamer, but I am not the only one who seeks excitement in life.
You are not the only one who do seek excitement on life but most people for sure. Everything should be in control so that we wont able to make excess engagement with it which would really result into negative.Regarding on the topic i would say that trading is less riskier compared on gambling since we can able to learn the proper ways on how to trade to increase our chances on having a profitable trades unlike on gambling which is solely dependent on luck alone.

there are gambling that are not based on pure luck like poker and sports betting. yes, I agree that it is really less riskier to trade than to gamble but there is a caveat there: you need to do your homework and learn the skill of trading especially the cryptocurrency trading..

Sports betting is really one I must try in the future. Poker I have, but sports-betting I haven't really with bitcoin. But I have followed a thread created by messi(and some numbers) about a constant bet he was making. I'll definitely try it for dota 2 games.

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September 25, 2017, 05:56:34 PM
 #1252

gambling has a fixed odds system for all major games, while trading in the markets is truly unpredictable.  The “house” or market does not have any unfair advantage as with casino style games.
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September 25, 2017, 06:56:47 PM
 #1253

gambling has a fixed odds system for all major games, while trading in the markets is truly unpredictable.  The “house” or market does not have any unfair advantage as with casino style games.

I think they are fairly the same but the gambling is a bit riskier as there aren't protective measures like trading toncontrol the extent to which you can loos or gain. You just loose all or win all win gambling.
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September 25, 2017, 07:01:00 PM
 #1254

i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling
Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading.

You cant compare trading and gambling. Both have advantages and disadvantages and both attract different types of customers. Traders are mostly professional and they trade to earn a living. Gambling is a game which is play by most people in leisure time and it is not necessarily a fixed income for most of the gamblers.
this is slightly true that in gambling people are more likely to rely on their luck although sometimes use strategy to do so and trading normally skill are necessary because more skilled you then the chance to get profit is very much better but the risk are almost equally same because i have been seen there is a person could lost their money instantly in trading because he was trapped to someone had suggested him to buy the particular coin

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September 26, 2017, 10:10:55 AM
 #1255

i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling
Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading.

You cant compare trading and gambling. Both have advantages and disadvantages and both attract different types of customers. Traders are mostly professional and they trade to earn a living. Gambling is a game which is play by most people in leisure time and it is not necessarily a fixed income for most of the gamblers.
this is slightly true that in gambling people are more likely to rely on their luck although sometimes use strategy to do so and trading normally skill are necessary because more skilled you then the chance to get profit is very much better but the risk are almost equally same because i have been seen there is a person could lost their money instantly in trading because he was trapped to someone had suggested him to buy the particular coin

the good thing with trading is that, as long as you are trading with high volume altcoins, you will not going to lose until you sell it. So, basically, we can just hold the altcoin we bought if the price is going to go down right after we bought it and will just wait before it increases again and then sell.
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September 26, 2017, 01:07:07 PM
 #1256

i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling
Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading.

You cant compare trading and gambling. Both have advantages and disadvantages and both attract different types of customers. Traders are mostly professional and they trade to earn a living. Gambling is a game which is play by most people in leisure time and it is not necessarily a fixed income for most of the gamblers.
this is slightly true that in gambling people are more likely to rely on their luck although sometimes use strategy to do so and trading normally skill are necessary because more skilled you then the chance to get profit is very much better but the risk are almost equally same because i have been seen there is a person could lost their money instantly in trading because he was trapped to someone had suggested him to buy the particular coin

the good thing with trading is that, as long as you are trading with high volume altcoins, you will not going to lose until you sell it. So, basically, we can just hold the altcoin we bought if the price is going to go down right after we bought it and will just wait before it increases again and then sell.

High volume plus well reputed coins if we buy means we no need to worry about any dump. it is sure that again it will come up and we can make a profit. Trading is risky only if you buy any shitcoins to expect sudden profit and you don't have the patience to wait. Otherwise, we can make a good profit in trading. Gambling I will never prefer anybody because we can't make anything in this gambling only money waste.
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September 26, 2017, 01:42:11 PM
 #1257


the good thing with trading is that, as long as you are trading with high volume altcoins, you will not going to lose until you sell it. So, basically, we can just hold the altcoin we bought if the price is going to go down right after we bought it and will just wait before it increases again and then sell.

It is not really true like that and we know that the price is never stable for altcoin that is why it is sometimes hard to trade. Trading unstable altcoin is just like gambling because we can get alot of money instantly or lose everything instantly so it is better to choose to trade that is more stable coin such as bitcoin/fiat if you want to get money
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September 26, 2017, 10:55:33 PM
 #1258

But occasional trading also annoying, because if has floating minus long enough. So must be patient waiting to make profit even for only 5%. While in gambling, it looks so easy to reach 5%. but just sometimes.

That just sometimes is the key factor in gambling. It looks easy but you're not sure whether you can reach that 5% target or not in gambling. But in trading, if you do some research before investing than you will get a chance to reach that 5% profit range but it may take some time to reach your target profit. Money making always takes time and there are not instant options to earn profits without risking your money.


Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer


Indeed mate.. that happened to me once and it really hurts for losing a big amount of money in trading. So now I'm always careful when putting money in trading and same goes with gambling I always make sure that I'm always in control.

Being in control in everything you do makes it easier to be profitable although, having randomness in some of what we do make it exciting and thrilling. You may say I'm a dreamer, but I am not the only one who seeks excitement in life.
You are not the only one who do seek excitement on life but most people for sure. Everything should be in control so that we wont able to make excess engagement with it which would really result into negative.Regarding on the topic i would say that trading is less riskier compared on gambling since we can able to learn the proper ways on how to trade to increase our chances on having a profitable trades unlike on gambling which is solely dependent on luck alone.
Every person has his own definition of fun. Some may find thrill and excitement in gambling while some love to do mountain climbing, skiing etc. It depends upon our nature. We all have different likings. Back to the topic, indeed trading involves less risk and more profit as compare to gambling. Once someone gets a good experience in this profession, he can earn good profits with respect.
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September 27, 2017, 03:00:07 AM
 #1259


the good thing with trading is that, as long as you are trading with high volume altcoins, you will not going to lose until you sell it. So, basically, we can just hold the altcoin we bought if the price is going to go down right after we bought it and will just wait before it increases again and then sell.

It is not really true like that and we know that the price is never stable for altcoin that is why it is sometimes hard to trade. Trading unstable altcoin is just like gambling because we can get alot of money instantly or lose everything instantly so it is better to choose to trade that is more stable coin such as bitcoin/fiat if you want to get money

but I think more to take advantage of altcoin instability,
provided we are able to withhold the investment we have planted in the time period until altcoin prices soar
this is the best possibility to get a tremendous profit from altcoin,
because many people succeed by doing this
this is the best trading step for big capital owners

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September 27, 2017, 03:31:14 AM
 #1260

But occasional trading also annoying, because if has floating minus long enough. So must be patient waiting to make profit even for only 5%. While in gambling, it looks so easy to reach 5%. but just sometimes.

That just sometimes is the key factor in gambling. It looks easy but you're not sure whether you can reach that 5% target or not in gambling. But in trading, if you do some research before investing than you will get a chance to reach that 5% profit range but it may take some time to reach your target profit. Money making always takes time and there are not instant options to earn profits without risking your money.


Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer


Indeed mate.. that happened to me once and it really hurts for losing a big amount of money in trading. So now I'm always careful when putting money in trading and same goes with gambling I always make sure that I'm always in control.

Being in control in everything you do makes it easier to be profitable although, having randomness in some of what we do make it exciting and thrilling. You may say I'm a dreamer, but I am not the only one who seeks excitement in life.
You are not the only one who do seek excitement on life but most people for sure. Everything should be in control so that we wont able to make excess engagement with it which would really result into negative.Regarding on the topic i would say that trading is less riskier compared on gambling since we can able to learn the proper ways on how to trade to increase our chances on having a profitable trades unlike on gambling which is solely dependent on luck alone.
Every person has his own definition of fun. Some may find thrill and excitement in gambling while some love to do mountain climbing, skiing etc. It depends upon our nature. We all have different likings. Back to the topic, indeed trading involves less risk and more profit as compare to gambling. Once someone gets a good experience in this profession, he can earn good profits with respect.

True! That is why I prefer trading and taking it seriously and doing gambling just for entertainment. People who's been doing both can really say that there is a big difference between the two when it comes to making money and the loss. In trading if you will not sell your coin then you still have the chance to profit but with gambling when  you lose you can never get that money back.
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