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geegaw
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May 30, 2017, 03:05:38 PM
 #341

For me it is still more risky in skilled based gambling because even if you need skills here it will still have a luck, example for cards, if you don't have a good card you cannot win in the game. unlike trading, we need to be more patient and much more time to earn money because it is always depend on a market if its going down or up.
Gambling in general is more risky than trading, there are sites who can manipulate the outcome and do shady things, while in trading
you know what you are doing and the market is real, you can predict well you make money, that's how it goes.
I'll choose trading overtime although I love to improve my skills in gambling but I need to choose which would I spend my time more.
Gambling and trading both requires good knowledge base to make good earning. With gambling it's like do or die. You choose an odd and if this goes wrong your wallet balance decreases. With trading based on the situation if we make changes we can decrease the loss. So both are beneficial in one way and has some negatives. It's up to us to select the right thing a d make the best.

since gambling and trading is have a risk, then we need to determine what we want to do. maybe if one person is good with skill based gambling, he choose to playing gambling but the other person will choose doing trading because he can make a nice profit in trading. i think gambling and trading have risky, both have the same chances to make big profit too.
But the risk from gambling is bigger because in gambling, we are totally dependent on luck, most of us can not use our skills to win, only in sports gambling, we can use skills but we still have to depend on good luck, the risk is still bigger than trading. Trading has many similarities to gambling but it does not depend entirely on luck, it depends a lot on professional knowledge and skills. Trading altcoin is very safe, if we predict the price right, we will have a good profit but if we predict wrong, we can still wait for the pump until the price we want

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May 30, 2017, 03:21:54 PM
 #342

But the risk from gambling is bigger because in gambling, we are totally dependent on luck, most of us can not use our skills to win, only in sports gambling, we can use skills but we still have to depend on good luck, the risk is still bigger than trading. Trading has many similarities to gambling but it does not depend entirely on luck, it depends a lot on professional knowledge and skills. Trading altcoin is very safe, if we predict the price right, we will have a good profit but if we predict wrong, we can still wait for the pump until the price we want

I do think that both (skill-based gambling and trading) have risk.  But in risk mitigation, trading risk can be mitigated easily unlike the skill-based gambling.  When things does not go well, we can cut losses in trading while if we lose in gambling we lost all our bet.  This is the fact that we cannot deny.

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May 30, 2017, 06:27:46 PM
 #343

But the risk from gambling is bigger because in gambling, we are totally dependent on luck, most of us can not use our skills to win, only in sports gambling, we can use skills but we still have to depend on good luck, the risk is still bigger than trading. Trading has many similarities to gambling but it does not depend entirely on luck, it depends a lot on professional knowledge and skills. Trading altcoin is very safe, if we predict the price right, we will have a good profit but if we predict wrong, we can still wait for the pump until the price we want

I do think that both (skill-based gambling and trading) have risk.  But in risk mitigation, trading risk can be mitigated easily unlike the skill-based gambling.  When things does not go well, we can cut losses in trading while if we lose in gambling we lost all our bet.  This is the fact that we cannot deny.
With the extremely high daily price fluctuation in cryptocurrencies, I would regard risk mitigation to be meaningless - you would have to set your conditional sell order to about half below what you had actually bought it for to be quite sure that you wouldn't end up selling too early.

Skill-based gambling's risk can vary.  If you do arbitrage with it for example, it ends up being extremely safe (minus the risk of a casino suspending your account), whereas if you just gamble it'll be different.

With trading you can sort of predict the market, but there's always the probability of a crash whereas a sports team is unlikely to suddenly become terrible and fail everything 100% of the time.  As long as you only bet with a small amount of your total capital at once, it's fairly safe.
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May 30, 2017, 07:20:55 PM
 #344

I often see that people prefer skill-based gambling such as poker or sportsbook because they think it's more profitable than trading.
But, people say that sports can be manipulated by mafia/casino for their own good.

So, which one is more risky? Skill-based gambling or trading? I think both of them have same risks because both of them could be manipulated, unexpected things could happen and many more.
Skills based gambling is risky than trading. Gambling is a game of chance and it take the gods of gambling to be on your side for you to really succeed in it. Trading if you treat well bring low return compared to skills based gambling but you can skillfully trade and have consistent success but you cannot skillfully gamble and have consistent success.

No matter how much skills you have , it wont count at the end of the day in Gambling. The reason being that Skill has very little influence on gambling or rather you can say that Gambling needs no skill.

i think gambling depend on luck if your luck is good then you will win otherwise you will have to lose your money in gambling, well in gambling skill also have some importance but it need very little skill which is almost neglegible so i think the things which is based on luck is always risky, however if you trade will skill then it less risky as compare to gambling.
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May 30, 2017, 07:28:18 PM
 #345

i think gambling depend on luck if your luck is good then you will win otherwise you will have to lose your money in gambling, well in gambling skill also have some importance but it need very little skill which is almost neglegible so i think the things which is based on luck is always risky, however if you trade will skill then it less risky as compare to gambling.

Actually if skills is applied to both gambling and trading, the risk is just the same since while they are relying on skills and luck, chances of losing money is still there. It's just that no way they can lose quickly because they are not relying on luck alone. As long as money have chance to loss then that's the risky part of any system.

That's why to make our gambling and trading be succesful and runs for a long run, don't just rely on luck instead enhanced our strategy and skills because after all we are the one who will benefits to that.
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May 30, 2017, 07:58:07 PM
 #346

I'm not too sure, but I think gambling has a greater risk than trading. In the gambling sometimes the skill is not very useful, I mean sometimes people who have great skill is difficult when not getting luck, while trading, skill really play to gain profit little by little.
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May 30, 2017, 08:16:04 PM
 #347

Of course gambling! In trading you need money management, good skills related to trading and bankroll. In gambling only with luck you can double your balance.
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May 30, 2017, 08:39:18 PM
 #348

I'm not too sure, but I think gambling has a greater risk than trading. In the gambling sometimes the skill is not very useful, I mean sometimes people who have great skill is difficult when not getting luck, while trading, skill really play to gain profit little by little.
But personally I have faced many situations where my skills were not useful but only with the favor of my luck I managed to escape from there. In my opinion both are having same level of risks. Skill based gambling are better than luck based gambling but definitely not against trading. Moreover there will be no differences between skill based gambling and trading.

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May 31, 2017, 06:11:15 AM
 #349

Of course gambling! In trading you need money management, good skills related to trading and bankroll. In gambling only with luck you can double your balance.
I think you also need money management in gambling, unless you just want to waste your money..

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May 31, 2017, 06:42:29 AM
 #350

Of course gambling! In trading you need money management, good skills related to trading and bankroll. In gambling only with luck you can double your balance.
I think you also need money management in gambling, unless you just want to waste your money..
Money management should really be always there either on gambling or investment because once you lack of this then you will definitely lose up all the money you had because of improper management.On trading it is more advantage to you when you already know what you are doing. Skill based gambling is also good thing to make profits but still need of luck when you do play on this one.

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June 01, 2017, 09:45:48 AM
 #351

Of course gambling! In trading you need money management, good skills related to trading and bankroll. In gambling only with luck you can double your balance.
I think you also need money management in gambling, unless you just want to waste your money..
Money management should really be always there either on gambling or investment because once you lack of this then you will definitely lose up all the money you had because of improper management.On trading it is more advantage to you when you already know what you are doing. Skill based gambling is also good thing to make profits but still need of luck when you do play on this one.

I agree. knowing how to manage your money or capital is essential if you want to be successful whether it's investing, trading or gambling. if you're skilled in a certain game like poker, I think your chances would be the same as when you trade or invest since being skilled in something is already an investment. to invest time and effort to excel  in that game. it's a whole lot different from regular gambling types that requires a lot of luck

 
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June 01, 2017, 12:10:36 PM
 #352

Of course gambling! In trading you need money management, good skills related to trading and bankroll. In gambling only with luck you can double your balance.
I think you also need money management in gambling, unless you just want to waste your money..
Money management should really be always there either on gambling or investment because once you lack of this then you will definitely lose up all the money you had because of improper management.On trading it is more advantage to you when you already know what you are doing. Skill based gambling is also good thing to make profits but still need of luck when you do play on this one.

I agree. knowing how to manage your money or capital is essential if you want to be successful whether it's investing, trading or gambling. if you're skilled in a certain game like poker, I think your chances would be the same as when you trade or invest since being skilled in something is already an investment. to invest time and effort to excel  in that game. it's a whole lot different from regular gambling types that requires a lot of luck

In gambling if we don't know how to manage our money then no problem we can get to know once we lost all money we will stop our play. But trading is not like that we have to control our bankroll or else if we simply invest money in non reputable coins then it is a big loss for us. But investing in skill games and trading is almost have the same risk I don't think there is a big difference.
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June 01, 2017, 12:20:51 PM
 #353

Crypto trading less risk than gambling.you can be skilled gambler and you got more profit in gambling but there have big chance to lose your whole investment if your luck is not help you.So my suggestion if you want do Crypto trading at least you will not lose your whole investment.well before invest on Crypto trading you need to learn about market trend,people sentiment etc then you will be a good trader.thanks

That's not true that investing in crypto you can't lose your whole investment. If you buy a coin for 500 satoshis per coin and then it goes down to 1 sat/coin and even for that price no one is buying you lose everything you invested in that coin. But probably that's a rare case and more common one is when you sell that coin for 1-2 sats per coin. Well, losing 99.5% of your investment is almost the same thing as losing it all, right?

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June 01, 2017, 01:37:36 PM
 #354


Of course gambling! In trading you need money management, good skills related to trading and bankroll. In gambling only with luck you can double your balance.

i think skill-based gambling and trading both are risky, like sometimes in trading people lose there money due to lack of knowledge, experience and skill while in gambling it fully depend on luck which is hard to predict whether it is good or bad and in gambling skill only few time work, the major role plays luck.
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June 01, 2017, 03:30:04 PM
 #355

Of course gambling! In trading you need money management, good skills related to trading and bankroll. In gambling only with luck you can double your balance.
I think you also need money management in gambling, unless you just want to waste your money..

Yeah, but it would hard for someone to manage their money on gambling especially if they already lose too much, we have to expect that the more we lose on gambling, the more we get addicted because of this desire that we are going to win no matter what. It is good to be positive at all the times, but I think it is still depends on what we are going to do, just like on gambling, if we are going to quit it because we are always losing, then we win, but if we are going to keep on trying, then we are just going to lose forever.
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June 01, 2017, 04:14:55 PM
 #356


Of course gambling! In trading you need money management, good skills related to trading and bankroll. In gambling only with luck you can double your balance.

i think skill-based gambling and trading both are risky, like sometimes in trading people lose there money due to lack of knowledge, experience and skill while in gambling it fully depend on luck which is hard to predict whether it is good or bad and in gambling skill only few time work, the major role plays luck.


In trading you can lose your money even if you are very experienced, your investment can crash because of some bad news, you can't predict when whales will make their moves. No trader achieves profit from every trade, no matter how good they are. Trading and skill-based gambling share one thing in common - they are about achieving profit in the long run, if someone gets profit 55% of the time, they can be considered a very good gambler/trader.
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June 01, 2017, 05:46:17 PM
 #357


Of course gambling! In trading you need money management, good skills related to trading and bankroll. In gambling only with luck you can double your balance.

i think skill-based gambling and trading both are risky, like sometimes in trading people lose there money due to lack of knowledge, experience and skill while in gambling it fully depend on luck which is hard to predict whether it is good or bad and in gambling skill only few time work, the major role plays luck.

I agree with this both are risky depends on the way how the handled the situation inside or out of the bottle Not because you are lack of knowledge you can't manage how to recover from loosing you can still you already learn your lesson from your mistake it may because you wanted to earn profit easily without reading some of news what coins will be trade but it can minimize your lose, unlike in gambling once you lose every thing it is hard to recover and chase that money tho.
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June 01, 2017, 07:00:59 PM
 #358

Of course gambling! In trading you need money management, good skills related to trading and bankroll. In gambling only with luck you can double your balance.
I think you also need money management in gambling, unless you just want to waste your money..
Money management should really be always there either on gambling or investment because once you lack of this then you will definitely lose up all the money you had because of improper management.On trading it is more advantage to you when you already know what you are doing. Skill based gambling is also good thing to make profits but still need of luck when you do play on this one.

I agree. knowing how to manage your money or capital is essential if you want to be successful whether it's investing, trading or gambling. if you're skilled in a certain game like poker, I think your chances would be the same as when you trade or invest since being skilled in something is already an investment. to invest time and effort to excel  in that game. it's a whole lot different from regular gambling types that requires a lot of luck
although both skill based gambling and trading have the element of risk. but i think we can reduce risk in both trading and skill based gambling. we just need to have good trading and gambling strategy, those people who have play gambling with some good planing then they can really make good profit from gambling even in long run.
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June 02, 2017, 03:57:46 AM
 #359

Of course gambling! In trading you need money management, good skills related to trading and bankroll. In gambling only with luck you can double your balance.
I think you also need money management in gambling, unless you just want to waste your money..
Money management should really be always there either on gambling or investment because once you lack of this then you will definitely lose up all the money you had because of improper management.On trading it is more advantage to you when you already know what you are doing. Skill based gambling is also good thing to make profits but still need of luck when you do play on this one.

I agree. knowing how to manage your money or capital is essential if you want to be successful whether it's investing, trading or gambling. if you're skilled in a certain game like poker, I think your chances would be the same as when you trade or invest since being skilled in something is already an investment. to invest time and effort to excel  in that game. it's a whole lot different from regular gambling types that requires a lot of luck
although both skill based gambling and trading have the element of risk. but i think we can reduce risk in both trading and skill based gambling. we just need to have good trading and gambling strategy, those people who have play gambling with some good planing then they can really make good profit from gambling even in long run.

It really just depends on the skill of that person in either one. There are still chances in skillbased games, like poker, that even if you are so skilled that you still lose especially when you have a bad hand and a bad draw. In trading, you can also expect an experienced trade lose here, in case he invests into a coin and that coin just drops because a whale withdrew from that coin.
Arindava
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June 04, 2017, 07:42:38 AM
 #360

In my opinion, trading is more risky because money is at stake more, in contrast to skills Wink
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