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Author Topic: Why trading is better than gambling?  (Read 20542 times)
A.Chanaka Bandara
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December 07, 2017, 06:19:22 PM
 #1201

Gambling is depend on only fortune. But Trading is depend on Knowledge & Skill. So Knowledge & Skill is very sure than fortune. Because Fortune is with out control us.

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December 07, 2017, 06:45:27 PM
 #1202

I just read an article on mainstream press that investing in bitcoin and cryptocurrency trading is like gambling. Crazy the fud that the media is spreading because they are scared of what comes. These people, that wrote the article, will look really dumb in the near future - oh wait, they do already!
its better not to listen to the media most of the time they are controlled by the government its likely
what news you are hearing is told by the government to cause panic in the market and nothing else
It may create a panic but i would only affect on small chances and this thing would really be only possible to be done by newbie bitcoiners which do easily fall out and panic when government told such informations into the public which isnt really surprising that they would really say negative things to bitcoin because they do know that it can really affect them.Back to op's question trading is really better than gambling on any aspects specially for longer runs because you cant earn on gambling which you can possibly earn on trading when it comes on being sustainable.

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December 08, 2017, 02:55:05 AM
 #1203

Sometimes you become more greed in trading , so it is not guarantee anything at all.
Depends on how you can manage the bankroll and making strategy in it for long term purpose.
As things make gambling and trading different is on the long term result it is pretty much different.

Everything is the same because human are greedy but you are going to be more greedy when you are gambling. The reason is because gambling is simple, one click and you can get money. It is the fastest way of getting some money if you are lucky so compared with gambling, there is no way that you can become more greedy in trading then gambling
That's true gambling makes you much more vulnerable to become greedy.
Everything is so instant so no wonder why , trading indeed same but at least won't as mad as gambling.
Both actually same in term require luck , trading just a little better for some reasons such give you better odds .
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December 08, 2017, 05:57:47 AM
Last edit: December 08, 2017, 10:10:53 AM by Wind_FURY
 #1204

Depending on how you trade, I believe you can manipulate the odds to be in your favor by controlling how much you trade and taking the trade when a coin is on its point of low volatility. Plus of course, the direction of the market also matters.

In some forms of gambling, I believe you are playing against the house who has a fixed edge against you.

With that in mind, you have more chances of making some money in trading than in gambling.

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December 08, 2017, 06:04:26 AM
 #1205

Depending on how you trade, I believe you can manipulate the odds to be in your favor buy controlling how much you trade and taking the trade when a coin is on its point of low volatility. The direction of the market also matters.

In gambling, I believe you are playing against the house who has a fixed edge against you.

The difference between trading and gambling is the risk involved and how it is being mitigated or controlled.  In gambling the only thing we can do regarding risk is to keep our bankroll low after that, we cannot mitigate the risk when we put our bet.  It is all in chance.  While in trading, we can easily control the risk by removing our trade orders and adjusting them accordingly. We can even take advantage of the fluctuation even if the price is going down.

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December 08, 2017, 07:52:43 AM
 #1206

Because in trading, you still have the chance to stop your losses unlike in gambling that if it's a wrong pick then it's over. Trading can also boost your money from 10x-100x while your loss are just multiplying in gambling.
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December 08, 2017, 08:36:24 AM
 #1207

Because in trading, you still have the chance to stop your losses unlike in gambling that if it's a wrong pick then it's over. Trading can also boost your money from 10x-100x while your loss are just multiplying in gambling.

Yes that is true, however sometimes in trading you can even lose a lot more if you don't know what you are doing. Like if you invest into shitcoins and other altcoins that are just technically shitcoins as well. Those are real gambles, it's like gambling there since you are betting whether those alts will go up or just die. But generally, trading is indeed a lot safer if you know what you are doing that is.
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December 08, 2017, 08:46:38 AM
 #1208

Because in trading, you still have the chance to stop your losses unlike in gambling that if it's a wrong pick then it's over. Trading can also boost your money from 10x-100x while your loss are just multiplying in gambling.

Yes that is true, however sometimes in trading you can even lose a lot more if you don't know what you are doing. Like if you invest into shitcoins and other altcoins that are just technically shitcoins as well. Those are real gambles, it's like gambling there since you are betting whether those alts will go up or just die. But generally, trading is indeed a lot safer if you know what you are doing that is.
Agree, many newbie traders who don't know what they doing, technically they aren't trading but gambling. Many of them just randomly ask a good coin for trading/investment without understanding the concept behind it, and just randomly buy a coin without proper technical analysis and research. In my opinion, I believe why Bitcoin price all-time high is nearly 20K is because many newbie traders jump in into Bitcoin without waiting to get a good entry level they just buy bitcoin randomly at the current price.
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December 08, 2017, 09:11:03 AM
 #1209

Yes, for me trading is better than gambling, because the sport un general is very random, even 1,01 betting coat can fail, about me trading is better it's more prectictable even there is a bit of luck
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December 08, 2017, 09:24:57 AM
 #1210

It is just that trading is an wiser way compared to gambling. In gambling, you just depend on luck. In trading, you'll surely earn a decent amount of profit if you have patience and hardwork.

I guess it's a right term, trading is a wiser way to take the risk or gamble with your money. Gambling is different and has various ways on how you are going to make or grow your money. Also in trading if you had lost a lot of money you can still recover it by just waiting for the coins you are holding to be pumped again while in gambling, the more you hunger for recovery the chances of losing is big.
gambling is only relying on luck we theres no skills need or research
just luck and the betting is done,if you lose then sorry,if you win then thank
you,while in trading you need to make a research,make a better sightings on
that coin and the most important is even if you lose you still have your coin,and
maybe someday will have good value again.
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December 08, 2017, 01:54:23 PM
 #1211

Because in trading, you still have the chance to stop your losses unlike in gambling that if it's a wrong pick then it's over. Trading can also boost your money from 10x-100x while your loss are just multiplying in gambling.
In trading there is no risk involved as in case of gambling, while playing gambling it's not sure whether we will get the profit or not, suppose if we lose then we'll not get any amount but in trading sometimes we'll get profit some other time may not, but no loss as in case gambling. So trading is better

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December 08, 2017, 03:22:02 PM
 #1212

It is just that trading is an wiser way compared to gambling. In gambling, you just depend on luck. In trading, you'll surely earn a decent amount of profit if you have patience and hardwork.

I guess it's a right term, trading is a wiser way to take the risk or gamble with your money. Gambling is different and has various ways on how you are going to make or grow your money. Also in trading if you had lost a lot of money you can still recover it by just waiting for the coins you are holding to be pumped again while in gambling, the more you hunger for recovery the chances of losing is big.
gambling is only relying on luck we theres no skills need or research
just luck and the betting is done,if you lose then sorry,if you win then thank
you,while in trading you need to make a research,make a better sightings on
that coin and the most important is even if you lose you still have your coin,and
maybe someday will have good value again.
Yeah, in gambling with bitcoin, skill or analysis does not have too much influence on results, what can we do is sit and wait, hope luck will stand on our side, usually we will lose more than win, the house always tries to cheat in the match, we are always in a passive position, in short, this is just a game entertainment. Trading has many similarities with gambling but in trading, we are mainly based on skills and analysis, luck is only a part, this is a fair match, the wise and intelligent will win, this is an activity to make money, and of course, making money is always better than spending money

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December 08, 2017, 03:27:16 PM
 #1213

We have to consider that trading is much more better than gambling because they are things different.
Trading is something based on logics and strategies while gambling i based on luck and predictions. that s make trading more secure than gambling.
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December 08, 2017, 03:34:29 PM
 #1214

We have to consider that trading is much more better than gambling because they are things different.
Trading is something based on logics and strategies while gambling i based on luck and predictions. that s make trading more secure than gambling.

I agree with you that trading is better than gambling. trading is based on analysis to get a profit
gambling is need a luck to win. For me gambling is just for an entertaiment and trading is a place to get a profit.

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December 09, 2017, 03:44:00 AM
 #1215

Gambling depends on luck only & most of the time people lose on gambling because nothing is in your control.On the other hand,Trading depends on your skills mostly and you can use your skill to be succeed on trading.So, chances of gain profit is high on trading so trading is better than gambling for these reason.
I agree that gambling depends on the luck you have for that certain moment. Although there are games where skills are required, luck still works on every game. I also agree that trading depends on skills, it may also involve luck but skills is what matters most on it and it was the difference on those two. Gambling is all about luck while trading is about skills you have.
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December 09, 2017, 05:43:31 AM
 #1216

Because in trading, you still have the chance to stop your losses unlike in gambling that if it's a wrong pick then it's over. Trading can also boost your money from 10x-100x while your loss are just multiplying in gambling.
In trading there is no risk involved as in case of gambling, while playing gambling it's not sure whether we will get the profit or not, suppose if we lose then we'll not get any amount but in trading sometimes we'll get profit some other time may not, but no loss as in case gambling. So trading is better

Are you new to trading? Because you say that there is no risk involved in trading. Plenty of people losing money every day in trading if they don't do their homework correctly. Trading is very risky if you don't know what your buying and selling unless you just buy some good altcoins and ready to wait. I also agree trading is better but it also got a risk of losing your money so trade carefully.
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December 09, 2017, 06:44:50 AM
 #1217

Because in trading, you still have the chance to stop your losses unlike in gambling that if it's a wrong pick then it's over. Trading can also boost your money from 10x-100x while your loss are just multiplying in gambling.
In trading there is no risk involved as in case of gambling, while playing gambling it's not sure whether we will get the profit or not, suppose if we lose then we'll not get any amount but in trading sometimes we'll get profit some other time may not, but no loss as in case gambling. So trading is better

Are you new to trading? Because you say that there is no risk involved in trading. Plenty of people losing money every day in trading if they don't do their homework correctly. Trading is very risky if you don't know what your buying and selling unless you just buy some good altcoins and ready to wait. I also agree trading is better but it also got a risk of losing your money so trade carefully.
Yes, i believe that trading and gambling have posses both risk in different manner but i think trading has a good advantage in terms of prediction because we can visualize on what is really happenings on the trading site, so we have the opportunity to take decision whether to trade now or not. Unlike gambling that every situation is unpredictable our chances to gain profit is depend only the luck of our day since gambling has only two outcome, the win and lose and we have no choices over that.

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December 09, 2017, 07:57:31 AM
 #1218

Because in trading, you still have the chance to stop your losses unlike in gambling that if it's a wrong pick then it's over. Trading can also boost your money from 10x-100x while your loss are just multiplying in gambling.
In trading there is no risk involved as in case of gambling, while playing gambling it's not sure whether we will get the profit or not, suppose if we lose then we'll not get any amount but in trading sometimes we'll get profit some other time may not, but no loss as in case gambling. So trading is better

Are you new to trading? Because you say that there is no risk involved in trading. Plenty of people losing money every day in trading if they don't do their homework correctly. Trading is very risky if you don't know what your buying and selling unless you just buy some good altcoins and ready to wait. I also agree trading is better but it also got a risk of losing your money so trade carefully.
Yes, i believe that trading and gambling have posses both risk in different manner but i think trading has a good advantage in terms of prediction because we can visualize on what is really happenings on the trading site, so we have the opportunity to take decision whether to trade now or not. Unlike gambling that every situation is unpredictable our chances to gain profit is depend only the luck of our day since gambling has only two outcome, the win and lose and we have no choices over that.

You're right, if you have intended to get profits then I would say that in trading,  if you are a good trader and has a enough knowledge and skill of it. Well, there's no doubt to get a better profit with it. I could say trading considered as a source of our income while gambling still form as an entertainment that if we abuse it, will cause lose all money that you have and you will put in the list of being addicted of it that hoping for the getting back their losses ever.
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December 09, 2017, 01:09:57 PM
 #1219

Hey! guys i need your opinion and help because i didn't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?

I do gambles and also i do trading . Gambling is just to spend my time or for entertainment because im not that lucky person that always winning i do more prefer trading because i do have the full control of my coin and every thing unlike gambling that i is relying on mostly luck and a little strategy. Gambling is really risky for me because you tend to lose it unlike trading that you just need some knowledge about that coin then you are good.
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December 14, 2017, 04:24:47 PM
 #1220

Because in trading, you still have the chance to stop your losses unlike in gambling that if it's a wrong pick then it's over. Trading can also boost your money from 10x-100x while your loss are just multiplying in gambling.
In trading there is no risk involved as in case of gambling, while playing gambling it's not sure whether we will get the profit or not, suppose if we lose then we'll not get any amount but in trading sometimes we'll get profit some other time may not, but no loss as in case gambling. So trading is better

Are you new to trading? Because you say that there is no risk involved in trading. Plenty of people losing money every day in trading if they don't do their homework correctly. Trading is very risky if you don't know what your buying and selling unless you just buy some good altcoins and ready to wait. I also agree trading is better but it also got a risk of losing your money so trade carefully.
Everything has risk , i just think that he is talking randomly here.
Nothing serious should be responded about that. Trading clearly better with its various profit making factor .
Gambling also gives you stressed time than entertainment time , just give it a try and compare it by yourself , there is a contrast difference for sure.
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