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Poll
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 24519 times)
Gheka
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March 08, 2018, 04:01:52 PM
 #1561

If you're just starting, I recommend trading firstsince it is safer and you can do your own research to predict the outcome. Gamble only with extra money since it is very risky. You will either earn a lot or lose a lot.

Trading is also risky especially for newbie because I believe their emotional control ability is still untested especially when faced with difficult situations. For example when the price drops dramatically. Most newbie will immediately cut their losses for fear the price will drop further. It would be better to start trading from below, using less money as a learning step.
As long as you understand the risk you won't be trading at a high risk.
Everyone starts as newbie but they grow and mature in trading because they are open minded and they accept their failures
in the early part of trading, it's really important to fully understand that it's not an overnight success but rather a long term success.

I admitted that trading has a high risk but we can prevent the risk by using the analysis and if we can handle our emotion then we can avoid getting big lost. and even if we are getting lost, we can recover it in next day when the price is increased. but in the gambling, we cannot avoid to get a lost because once we place a bet, we only need to wait what the result and our chance to win is not too big.
I agree if trade is safer, because the risk of small and as experienced loss we can fix this, but in the gambling when we already started we can not do anything other than waiting for the results, and when lost the loss of it would be very large and can not in improve again
Yeah, gambling does not allow us to wait or hold, the results will appear soon, we will only get win or lose results, and most of us will lose because gambling always has plans to control the activity in the game, the chance of winning is zero. With trading, risk can be high because too many things can happen but we can limit it through news, strategies and skills, and we can hold and wait after we fall into a bad situation, someday, good results will come, that's the point that makes trading better than gambling

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March 08, 2018, 05:09:48 PM
 #1562

In gambling, you can directly know whether you have your profit or loses because of gambling no need to hold coin if you see that your profit was not there. Unlike when you are in trading you must have more time to monitor the price value of cryptocurrencies that you are in purchase to avoid big loss if ever. Trading is lower risk than gambling but it is almost like in gambling when you invested or trading another coin must have more skills in trading.
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April 04, 2018, 09:10:11 PM
 #1563

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 dont do both. I just work and earn in coins or tokens then hold them, wait till they get s good price in the market. So it is like i am working and earning crypto. Much better, tendencies of losing is very small compared to gambling and trading
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April 04, 2018, 10:13:46 PM
 #1564

I think trading is better because you have your own choice of what can you do its your decisions and there is no luck only knowledge, but gambling is everything about luck, you dont know whats comming
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April 05, 2018, 12:30:38 AM
 #1565

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
What I know as a trader, for example we are trading for living, in my opinion, many people misconceptions, if as a trader, if not in a trade, I am not working, this is completely wrong.
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April 05, 2018, 02:22:15 AM
 #1566

I think trading is better because you have your own choice of what can you do its your decisions and there is no luck only knowledge, but gambling is everything about luck, you dont know whats comming

of course trading is better than gambling, trading is need an experience and analisys
but trading can be like gambling if we do it without an analisys, we do that the same like gambling.

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April 05, 2018, 02:49:29 AM
 #1567

In gambling, you can directly know whether you have your profit or loses because of gambling no need to hold coin if you see that your profit was not there. Unlike when you are in trading you must have more time to monitor the price value of cryptocurrencies that you are in purchase to avoid big loss if ever. Trading is lower risk than gambling but it is almost like in gambling when you invested or trading another coin must have more skills in trading.

I agree that in trading is not too risky than gambling.

In trading you were the one who can control either you'll gain or lose, also in trading you can hold it until your target value. Trading can be more profitable if you'll take time to monitor the value, it has a lot of strategies you can apply in trading to become successful on it.

On the other hand, in gambling you only have two choice either you win or lose. You cannot wait for the perfect timing you are waiting for because in every game you have to put money, the probability of winning is kinda little. Also gambling sometimes , is if its your day you probably win but if not for sure you'll gonna lose everything you have.

Therefore, i choose trading instead of gambling.



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April 05, 2018, 08:49:43 AM
 #1568

I think trading is better because you have your own choice of what can you do its your decisions and there is no luck only knowledge, but gambling is everything about luck, you dont know whats comming

of course trading is better than gambling, trading is need an experience and analisys
but trading can be like gambling if we do it without an analisys, we do that the same like gambling.
Yes, but then its a gambling without knowledge trading is useless it is much riskier than gambling if you will do that way. Gambling needs skills not only luck or whatsoever. We can never compare gambling into trading and only those who knows how to play or trade can understand the big difference between.


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April 09, 2018, 11:51:09 PM
 #1569

I think trading is better because you have your own choice of what can you do its your decisions and there is no luck only knowledge, but gambling is everything about luck, you dont know whats comming

of course trading is better than gambling, trading is need an experience and analisys
but trading can be like gambling if we do it without an analisys, we do that the same like gambling.
Yes, but then its a gambling without knowledge trading is useless it is much riskier than gambling if you will do that way. Gambling needs skills not only luck or whatsoever. We can never compare gambling into trading and only those who knows how to play or trade can understand the big difference between.

I could not agree more! if you just trade randomly and without any clear pre-planned trading strategies and research, you are more like gambling than trading and usually it will end up losing your trades.
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April 10, 2018, 01:16:43 AM
 #1570

I think trading is better because you have your own choice of what can you do its your decisions and there is no luck only knowledge, but gambling is everything about luck, you dont know whats comming

of course trading is better than gambling, trading is need an experience and analisys
but trading can be like gambling if we do it without an analisys, we do that the same like gambling.
Yes, but then its a gambling without knowledge trading is useless it is much riskier than gambling if you will do that way. Gambling needs skills not only luck or whatsoever. We can never compare gambling into trading and only those who knows how to play or trade can understand the big difference between.

I could not agree more! if you just trade randomly and without any clear pre-planned trading strategies and research, you are more like gambling than trading and usually it will end up losing your trades.

I agree, Trading is more safer than gambling unless you are going to treat it like gambling. Trading is demanding when it comes to time and effort because you are always going to check the prices of the tokens that you are holding, while gambling is all about betting whenever you like.

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April 10, 2018, 02:39:52 AM
 #1571

I think trading is better because you have your own choice of what can you do its your decisions and there is no luck only knowledge, but gambling is everything about luck, you dont know whats comming

of course trading is better than gambling, trading is need an experience and analisys
but trading can be like gambling if we do it without an analisys, we do that the same like gambling.
Yes, but then its a gambling without knowledge trading is useless it is much riskier than gambling if you will do that way. Gambling needs skills not only luck or whatsoever. We can never compare gambling into trading and only those who knows how to play or trade can understand the big difference between.

I could not agree more! if you just trade randomly and without any clear pre-planned trading strategies and research, you are more like gambling than trading and usually it will end up losing your trades.

I agree, Trading is more safer than gambling unless you are going to treat it like gambling. Trading is demanding when it comes to time and effort because you are always going to check the prices of the tokens that you are holding, while gambling is all about betting whenever you like.
The risks are different because of gambling it is so much faster but with the knowledge of trading, you could really go the extra mile for profit. Like for example, you are going to be better making cut losses with your trades instead of gambling your way and losing unexpectedly. It's all about yourself and presence of mind.

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April 10, 2018, 03:41:43 AM
 #1572

actually the purpose of both is the same, only in terms of different ways. In fact, in the trading business we do the name of stock buying and selling activities. Just like we are selling clothes, there is a name of buying and selling activities clothes. Well, in running a business, of course we must also learn the strategy and business planning. Well, if you want to learn trading, you have to discipline to pursue it as a business, not a game. And replace the terms "share play" with trading, "win" and "lose" with profit and loss.
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April 10, 2018, 05:27:44 PM
 #1573

actually the purpose of both is the same, only in terms of different ways. In fact, in the trading business we do the name of stock buying and selling activities. Just like we are selling clothes, there is a name of buying and selling activities clothes. Well, in running a business, of course we must also learn the strategy and business planning. Well, if you want to learn trading, you have to discipline to pursue it as a business, not a game. And replace the terms "share play" with trading, "win" and "lose" with profit and loss.

yes the purpose of trading and gambling is the same just a different way. In short, trading is a real business and done seriously. While gambling is a game, so while we are looking for profit, we can also have fun by playing the game. can also say trading is done seriously, while gambling is more relaxed

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April 11, 2018, 07:44:49 AM
 #1574

actually the purpose of both is the same, only in terms of different ways. In fact, in the trading business we do the name of stock buying and selling activities. Just like we are selling clothes, there is a name of buying and selling activities clothes. Well, in running a business, of course we must also learn the strategy and business planning. Well, if you want to learn trading, you have to discipline to pursue it as a business, not a game. And replace the terms "share play" with trading, "win" and "lose" with profit and loss.

yes the purpose of trading and gambling is the same just a different way. In short, trading is a real business and done seriously. While gambling is a game, so while we are looking for profit, we can also have fun by playing the game. can also say trading is done seriously, while gambling is more relaxed

Trading is good for long term but gambling is not because it has a house edge, no wonder operators always warn us and suggest to treat
gambling for fun because we have less chance to win in the long run. They are being profitable, we may succeed but only few of us, in overall they are still winners.

 
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April 11, 2018, 06:51:31 PM
 #1575

actually the purpose of both is the same, only in terms of different ways. In fact, in the trading business we do the name of stock buying and selling activities. Just like we are selling clothes, there is a name of buying and selling activities clothes. Well, in running a business, of course we must also learn the strategy and business planning. Well, if you want to learn trading, you have to discipline to pursue it as a business, not a game. And replace the terms "share play" with trading, "win" and "lose" with profit and loss.

yes the purpose of trading and gambling is the same just a different way. In short, trading is a real business and done seriously. While gambling is a game, so while we are looking for profit, we can also have fun by playing the game. can also say trading is done seriously, while gambling is more relaxed

Trading is good for long term but gambling is not because it has a house edge, no wonder operators always warn us and suggest to treat
gambling for fun because we have less chance to win in the long run. They are being profitable, we may succeed but only few of us, in overall they are still winners.

If we preserve and keep trying to master trading, it will be something that is profitable in the long run. But frankly, this isn't an easy job to do. It takes hard work to make trading as our source of income. While with gambling. I don't think there's anything that can guarantee us to be exist in it for a long period of time except luck.

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April 11, 2018, 09:10:48 PM
 #1576

These are not exactly same. One is for enjoyment and another one is for making money.

But the thing is, the other one is going at the pace that they are not being an enjoyment but an addiction, a shortcut for being rich and wealthy, that is gambling for them. Trading is for making money so that is obvious that trading is far more better than gambling.
both ways will earn you a income but trading is always is better it has less risk involved when losing your funds in gambling you can lose you bankroll really fast and also to recover it it's impossible while for trading as the market is down now you can easily regain in the future

You can also recover your losses in gambling quickly with a big win, i don't think it will be fair of we completely ridicule gambling because it can also fetch you some decent money like trading if you're a bit careful because everything associated with gambling is in the instant whereas that of trading is gradual even though both are risky.
If trading does take time what's wrong it is still a profit in gambling you are having the risk of losing all of your funds while trading is still a small market there is lot of growth potential in the future so selling at a loss in gambljng isn't possible

Make sense that in trading you can still sell even at a loss but with gambling, you can risk of losing all of your money in the blink of an eye and everything is gone.
gambling is really risky if you are into gambling it can be really hard for you to quit also you need to take decisions wisely this involved real money it is the money you have earned all these years of hard work don't let it go in vein by gambling

Just play money that you can afford to lose and just for fun and entertainment as your primary goal and you could never be wrong gambling. The problem starts when you already lost a sum of money that already painful in your pocket and you are trying to chase to win it back.
that absolutely right gambling with the funds which are important for you and then losing can really
hurt you emotional and financially always gambke with the funds you can afford to lose

This is a cardinal mistake in gambling. The act of gambling funds that are not intended for gambling and are so precious that it is not supposed to be used for risky things like gambling. People gambling funds that they cannot afford to lose should be considered as addicts already since they cannot anymore control their selves already. I guess the only conclusion is that their loved ones should stop him already and make an intervention.
There is nothing called funds for gambling i have asked many gamblers that do they have funds for personal life if they lose and they said there is no chance i lose this so it doesn't matter if i have funds or not and after they finish gambling they ask me if i could lend them some funds for personal financial issues
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April 11, 2018, 11:53:02 PM
Last edit: April 12, 2018, 12:04:17 AM by dynospytan
 #1577

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

Actually they are not the same. Maybe in some aspects there are some similarities but still, there's a big difference between the two. Both of them are risky, especially in gambling. When you do trading, you should have a knowledge on how trading works in order for you to earn money. Setting your target price would be a big help for you to earn. While in gambling, I think you just have to learn on how the game works. Sometimes, even we really know the game we cannot assure our victory. Sometimes it depends it on our luck.
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April 12, 2018, 07:46:08 AM
 #1578

both can be really profitable but also can make you lose a lot, gambling will ruin you faster tho
Yes gambling can be profitable at first but mostly not and it is more on wasting money and the only benefits you’ve got are the excitement and satisfaction of being entertained while playing. While in trading you we are skilled enough on that field then the profits will always be there waiting for us. Well that is if we got extra patient from it. Also be wise and do proper research for a potential coins that we are going to buy.
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April 12, 2018, 09:20:52 AM
 #1579

both can be really profitable but also can make you lose a lot, gambling will ruin you faster tho
Yes gambling can be profitable at first but mostly not and it is more on wasting money and the only benefits you’ve got are the excitement and satisfaction of being entertained while playing. While in trading you we are skilled enough on that field then the profits will always be there waiting for us. Well that is if we got extra patient from it. Also be wise and do proper research for a potential coins that we are going to buy.
The point is that if we choose or decide to do the both, we really should be able to control the activity between of trading and gambling. And here emotional control is needed so as not to get dissolved in the event of loss till to forget the plan or the preparation of strategies or other things in it in order to gain profit.

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April 12, 2018, 06:45:17 PM
 #1580

Trading and gambling are both fundamentally stochastic, that is unpredictable, and because of this they are often viewed negatively. Investing is trying to find a reliable positive return on capital while minimising the risk to that capital. Gambling is trying to get the maximum return on capital, and accepting a much higher risk of negative returns or loss of capital. It's much harder, and luck plays a part, but the returns are high.
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