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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)
Dannaey
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September 29, 2017, 06:40:23 PM
 #1281

Gambling has a fixed odds system for all major games. Trading in the markets is truly unpredictable. Trading and Gambling are quite different. To benefit from both you must increase your odds in order to win.

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October 01, 2017, 04:23:51 AM
 #1282

Gambling has a fixed odds system for all major games. Trading in the markets is truly unpredictable. Trading and Gambling are quite different. To benefit from both you must increase your odds in order to win.

With gambling, there is a house edge advantage. Although sometimes, when you get so lucky, you will going to win and if you cash out right away, then you truly wins that gambling session. However, if you keep on playing the house edge advantage might be playing against you. With trading, you are finding ways to make it sure that you are buying in the low and will be selling on the high price based on fundamental and technical skills.
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October 01, 2017, 04:42:56 AM
 #1283

Gambling has a fixed odds system for all major games. Trading in the markets is truly unpredictable. Trading and Gambling are quite different. To benefit from both you must increase your odds in order to win.

I didn't understand how you're going increase our odds in trading? In trading, if you invest money on good-coins then you can wait for its prices to go up and make a profit but don't know increasing on odds. In gambling, you should be lucky to win your bets even after you do all those research work. But if you go for a day trading then it is similar to gambling because you can't predict prices accurately on a daily basis.
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October 01, 2017, 07:41:57 AM
 #1284

Gambling has a fixed odds system for all major games. Trading in the markets is truly unpredictable. Trading and Gambling are quite different. To benefit from both you must increase your odds in order to win.

With gambling, there is a house edge advantage. Although sometimes, when you get so lucky, you will going to win and if you cash out right away, then you truly wins that gambling session. However, if you keep on playing the house edge advantage might be playing against you. With trading, you are finding ways to make it sure that you are buying in the low and will be selling on the high price based on fundamental and technical skills.
advantage is your keen to learn if your passion is to do trading and you are willing to research and find your advantage then  trading is better to multiply your earnings while in gambling its a game of chance where you will always depend with your luck even you are really familiar with the games chances to lose are still there.
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October 01, 2017, 07:46:08 AM
 #1285

Trading is my main way to make profit in Bitcoin. There are many opportunities in trading as long as you know what you are doing. I also gamble but i only gamble extra money from my profit in trading, I only gamble for fun and leisure.
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October 01, 2017, 09:21:34 AM
 #1286

Trade with a reasonable approach does not bring such losses as gambling, but if not analyzed, it will be the same as gambling. It all depends on the approach to trading.

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8Habits
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October 02, 2017, 07:05:45 PM
 #1287

Trading is my main way to make profit in Bitcoin. There are many opportunities in trading as long as you know what you are doing. I also gamble but i only gamble extra money from my profit in trading, I only gamble for fun and leisure.

It is really so nice seeing people that have made it to success with trading cryptocurrencies. I am not really much of good at it at the moment but I am really in the process of becoming one to constant trading practic. Although I have good earnings from time to time, still I don't consider myself as a good cryptocurrency trader.
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October 02, 2017, 08:29:36 PM
 #1288

Trading is my main way to make profit in Bitcoin. There are many opportunities in trading as long as you know what you are doing. I also gamble but i only gamble extra money from my profit in trading, I only gamble for fun and leisure.

It is really so nice seeing people that have made it to success with trading cryptocurrencies. I am not really much of good at it at the moment but I am really in the process of becoming one to constant trading practic. Although I have good earnings from time to time, still I don't consider myself as a good cryptocurrency trader.

well you don't necessarily have to be an expert in trading forex or commodities before you trade in crypto-currencies as you can merely buy some bitcoins and save in your wallet and expect to grow it in the long term without having any trading experience.
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October 03, 2017, 02:03:50 AM
 #1289

Trading is my main way to make profit in Bitcoin. There are many opportunities in trading as long as you know what you are doing. I also gamble but i only gamble extra money from my profit in trading, I only gamble for fun and leisure.

It is really so nice seeing people that have made it to success with trading cryptocurrencies. I am not really much of good at it at the moment but I am really in the process of becoming one to constant trading practic. Although I have good earnings from time to time, still I don't consider myself as a good cryptocurrency trader.

well you don't necessarily have to be an expert in trading forex or commodities before you trade in crypto-currencies as you can merely buy some bitcoins and save in your wallet and expect to grow it in the long term without having any trading experience.

I agree with you. But I am referring here about bitcoin as a leveling field for everyone because even an ordinary guy can have it and can earn it with convenience. Unlike forex where you need some identification, bank account, and all of those requirements, in bitcoin, zero requirements as long as you have a bitcoin wallet and some coins in there, you can literally start within few minutes after creating an account to exchanges.
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October 03, 2017, 12:30:06 PM
 #1290

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.

Trading is much better than gambling in all prospects. First of all, it is not that much risky. A person can earn good profits if he uses little brain. You only need to understand the changing market and sell out at high prices while buy when the asset is cheap. Gambling is just a luck game.
Not only this, one of them is a well respected profession while other is a bad reputed game. I myself am a gambler and trader as well.

I know a rare combo but I don't gamble very often and it is with my colleagues only at time but when I tell someone new about my gambling habit, a very heart breaking expression appears on their faces and when I reveal about trading, I see respect in their eyes.
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October 03, 2017, 02:27:18 PM
 #1291

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.
i agree but getting skills in trading is not so hard you need to spend the required time you can't simply go check a coin and buy it you should have some basic common sense also and this involves money even if you spend hours and are able to make profit what's wrong in this gambling is simply luck which many people don't have
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October 03, 2017, 02:37:24 PM
 #1292

The fact is that gambling and trading have so much in common that it is difficult to differentiate between the two.

The successful gambler and the professional trader will both use a combination of education and experience with correct money & risk management to make profitable trades / wagers.

It really comes down to a question of semantics.
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October 03, 2017, 02:46:13 PM
 #1293

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.
i agree but getting skills in trading is not so hard you need to spend the required time you can't simply go check a coin and buy it you should have some basic common sense also and this involves money even if you spend hours and are able to make profit what's wrong in this gambling is simply luck which many people don't have
When it comes into trading you wont really get the way to be profitable specially on our first time or a total noob. Time and experience would really vary on here this is why the more time we do engage on trading the more we are molded to be a better trader which would potentially gain the skill as the time goes by which you can use for a lifetime.Gambling is just really dependent on pure luck.

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October 04, 2017, 03:05:23 PM
 #1294

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.
i agree but getting skills in trading is not so hard you need to spend the required time you can't simply go check a coin and buy it you should have some basic common sense also and this involves money even if you spend hours and are able to make profit what's wrong in this gambling is simply luck which many people don't have
When it comes into trading you wont really get the way to be profitable specially on our first time or a total noob. Time and experience would really vary on here this is why the more time we do engage on trading the more we are molded to be a better trader which would potentially gain the skill as the time goes by which you can use for a lifetime.Gambling is just really dependent on pure luck.

that is so true that experience will really mold us into a good trader. Unless we don't learn in every trades that we have made. There is a saying amongst traders that in trading, we either win or learn. That is why it is really ok to have some losing trades during early stages of our trading path and we need to learn from it so that we can't do the same mistake in future trades.
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October 06, 2017, 07:58:08 AM
 #1295

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.
i agree but getting skills in trading is not so hard you need to spend the required time you can't simply go check a coin and buy it you should have some basic common sense also and this involves money even if you spend hours and are able to make profit what's wrong in this gambling is simply luck which many people don't have
When it comes into trading you wont really get the way to be profitable specially on our first time or a total noob. Time and experience would really vary on here this is why the more time we do engage on trading the more we are molded to be a better trader which would potentially gain the skill as the time goes by which you can use for a lifetime.Gambling is just really dependent on pure luck.

that is so true that experience will really mold us into a good trader. Unless we don't learn in every trades that we have made. There is a saying amongst traders that in trading, we either win or learn. That is why it is really ok to have some losing trades during early stages of our trading path and we need to learn from it so that we can't do the same mistake in future trades.

This is correct even inexperienced traders can lose all the money they invest, or coin that they try to get profit. Trading is consider more like an art, you need to know the knowledge and need to see signs when how and how many to buy or sell in specific moment. While gambling can be divided in games related and then to safe clean and risky bets.

At the end it all end up with how much you can earn or get.



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October 06, 2017, 08:27:20 AM
 #1296

The fact is that gambling and trading have so much in common that it is difficult to differentiate between the two.

The successful gambler and the professional trader will both use a combination of education and experience with correct money & risk management to make profitable trades / wagers.

It really comes down to a question of semantics.

They have similarity and common in terms of the risk but gambling is much high in risk. You mentioned about professionalism on gambling and trading, education is needed and they'll be sure to apply those things they have learned and experience on their career. And if others are thinking to compare gambling and trading, we don't have to do it both has it's own beauty and disadvantages.

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samputin
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October 06, 2017, 02:40:27 PM
 #1297

both can be really profitable but also can make you lose a lot, gambling will ruin you faster tho

I don't think both are always profitable. If you gamble for longer time then mostly you will end up losing money to casinos and if anyone try to do day trading then mostly they also will lose all money. But if you're doing trading for longer time frame then one can make some decent profits.

Yeah correct, the longer you gamble the greater the money you lost. But the longer you trade the greater the money you earn and greater the chance that there is no risk.. because i believe  in gambling you will win but i am sure thats only on the first but in the end all your winnings on the beginning will loose together with your all money..  while in trading, yes at the first it is hard, doubtable and too risky to loss money but if you continue it and study all the possible strategy in the end you gain a winnings.

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October 07, 2017, 04:29:51 AM
 #1298

Trading and gambling both are risky...but I choose trading in trading vs gambling..
Because in trading more chance for profit than the gambling...and it's also depend on your skills and luck.
Both are risky but the more risk you take; the more profit you got..its my motto.
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October 07, 2017, 06:56:24 AM
 #1299

Trading and gambling are similar in that they both attempt to create a capital gain, over a relatively short period of time.
Successful traders and gamblers are typically highly skilled and spend years becoming proficient. Success often means a steady regular income and not a one-time jackpot event. (This is something that i read in several lines online they all suggest that better is safe and slow rather then fast and harsh).

Both trading and gambling have seen the development of numerous mathematical techniques in order to increase their chances of success. On this I mean many bots that help you trading and many scripts that helps you betting.



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October 07, 2017, 08:48:29 AM
 #1300

Trading and gambling both are risky...but I choose trading in trading vs gambling..
Because in trading more chance for profit than the gambling...and it's also depend on your skills and luck.
Both are risky but the more risk you take; the more profit you got..its my motto.


The more risk you take you may get more profit but also there is a high chance that you may lose as well. So until you learn trading basics and experienced in trading shouldn't go for day trading to earn money faster. I never do a day trading but always buy and keep the coins until I reach my target. Definitely, trading is much better than gambling.
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