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Author Topic: Can trading be considered as gambling??  (Read 21225 times)
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January 05, 2017, 04:22:50 AM
 #141

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.
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January 05, 2017, 06:26:38 AM
 #142

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.

The only thing that trading can be considered as gambling is just because it has a risk. But both of them is truly hard to have good profit with it even though in gambling you can have fast money but sometimes a gambler is not that contented on the profit that he made, he will just keep on gambling and that's the reason why he is going to lose. While there are some good traders who are making good profit because of their patience.

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January 05, 2017, 03:28:05 PM
Last edit: January 06, 2017, 05:02:51 AM by BlockEye
 #143

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.

The only thing that trading can be considered as gambling is just because it has a risk. But both of them is truly hard to have good profit with it even though in gambling you can have fast money but sometimes a gambler is not that contented on the profit that he made, he will just keep on gambling and that's the reason why he is going to lose. While there are some good traders who are making good profit because of their patience.
Trading and gambling is far different. They have same features in common but that's not means that they are the same. Gambling is just a game that gaves entertainment with a involvement of money while is just buting a commodity or currencies for a small price and just sell it for high price just like what happened on a normal market scenario. Market is not a gambling place. And trading occurs in the market, so that means trading is not a gamblling.

People just have different perspective/views that's why some consider it is gambling. This thread is never ending story obviously.  Grin
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January 05, 2017, 03:39:47 PM
 #144

I consider trading as a professional activity. It requires analysis, research and others knowledges. Gambling you just require luck. But yes, maybe there is a thin line between then. It depends on how you do trading.
yes that is a face, trading is really a professional activity while gambling can not be consider as professional activity, because gambling is banned in so many countries and is consider as illegal activity in so many religions.
In fact I never heard from some that his profession is gambling, gambling is a short cut activity for making money but the risk factor is always there, because it totally depending on your luck and your experience and your skill cannot help you too much in gambling for considering as a profession by giving consistent income generating opportunities.

For me i would not consider that trading is gambling and as we review most trading sites is literally talking about trading not gambling right? But if we look closely its more like gambling because your investments involves risk at all and without proper knowledge in trading or in sports betting in gambling you may lose what you have invested.
correct , trading have a lot of things smells like gambling in several aspects .

first when you put your money and make prediction on the price it is like you bet on roulette and prediction on red/black. it is almost no difference right? but people keep saying that trading and gambling are the two different thing, i don't know.

Lol you don't know because you actually don't know.  try to pull your pen and paper. Do a research about trading and gambling come on it is not hard!  Google search is just a tab away.  Don't rely on anything the member of this forum just said. Don't even believe what I said do your own research.   If you do, am sure you will have a change of thought Smiley .  And I say trading is not gambling.  The obvious reason had been stated in this thread. 
if you have ever trading you may know how the trading feel like gambling.

i know what trading it is , i do trading. i know what gambling it is, i do gambling too. but when you have no idea in trading with the messed up market you will just make a random trade . don't you think that moment it is feel like gambling?

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January 05, 2017, 06:15:51 PM
 #145

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.
Dude, gambling is a way to have fun/relax yourself. it isn't a job from which you can earn money. sure you can profit a little, but not earn. while in trading you can earn decent amount of money over long-term.
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January 05, 2017, 10:33:33 PM
 #146

In a way yes, if we are going to compare gambling and trading, we can considered Trading as gambling because the risk that we are taking in Trading is almost the same that we are taking in gambling, but not as big like the risk in gambling. In Trading the only problem that we are thinking of is being scam by someone while in gambling the only problem that we are thinking of is losing and the strategy that we are going to use, for us to win.
I think the only reason for which we can consider bitcoin as gambling is the risk factor, as both are risky and you can lose money even in trading, but in other point of view gambling is not like trading as trading need your skill your  previous experience and skill while gambling is not bothering these.
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January 05, 2017, 10:38:32 PM
 #147

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.
Dude, gambling is a way to have fun/relax yourself. it isn't a job from which you can earn money. sure you can profit a little, but not earn. while in trading you can earn decent amount of money over long-term.
in fact the are some feather of trading that are similar to gambling, but over all gambling is different from trading, in trading you need to have good knowledge about the currency or any other items where you are going to invest your money, while in gambling you totally depend on your luck.
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January 06, 2017, 12:52:21 AM
 #148

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.
Dude, gambling is a way to have fun/relax yourself. it isn't a job from which you can earn money. sure you can profit a little, but not earn. while in trading you can earn decent amount of money over long-term.
in fact the are some feather of trading that are similar to gambling, but over all gambling is different from trading, in trading you need to have good knowledge about the currency or any other items where you are going to invest your money, while in gambling you totally depend on your luck.
and depending on your luck always have a much bigger risk rather than knowing your advantage as we know that trading needed some research and good analyze we still have a big advantage when we get into it in the right timing as we will surely earn coming from our investment unlike gambling risk is much bigger than gain.

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January 06, 2017, 04:48:00 AM
 #149

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.
Dude, gambling is a way to have fun/relax yourself. it isn't a job from which you can earn money. sure you can profit a little, but not earn. while in trading you can earn decent amount of money over long-term.
in fact the are some feather of trading that are similar to gambling, but over all gambling is different from trading, in trading you need to have good knowledge about the currency or any other items where you are going to invest your money, while in gambling you totally depend on your luck.
and depending on your luck always have a much bigger risk rather than knowing your advantage as we know that trading needed some research and good analyze we still have a big advantage when we get into it in the right timing as we will surely earn coming from our investment unlike gambling risk is much bigger than gain.

Depending on luck always is not a good thing because there are experts has been saying that in everything you do, you need to have only 10% luck and the rest are hard work and knowledge. And that is a real fact in trading, it is just considered as gambling as we need to involve money for investing in it, where all types of investments we need to gamble or to take risk.

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January 06, 2017, 04:56:19 AM
 #150

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.

Yes, I agree with you. Trading is easy to lose much money as gambling. The whale investors control everything and They can lift the price up or down at anytime. This trading is the same as bitcoin or altcoins  and when we lost , we can not give right decisions and leading to big losses.

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January 07, 2017, 11:04:28 AM
 #151

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.

The only thing that trading can be considered as gambling is just because it has a risk. But both of them is truly hard to have good profit with it even though in gambling you can have fast money but sometimes a gambler is not that contented on the profit that he made, he will just keep on gambling and that's the reason why he is going to lose. While there are some good traders who are making good profit because of their patience.
Trading and gambling is far different. They have same features in common but that's not means that they are the same. Gambling is just a game that gaves entertainment with a involvement of money while is just buting a commodity or currencies for a small price and just sell it for high price just like what happened on a normal market scenario. Market is not a gambling place. And trading occurs in the market, so that means trading is not a gamblling.

People just have different perspective/views that's why some consider it is gambling. This thread is never ending story obviously.  Grin

It is near to be the same just like what have said when it comes to risk. And since trading is also a type of investment most of the people when dealing with investments are gambling their money. So for me, both gambling and trading is good to consider as almost the same type of activity even though yeah we do have our different point of views regarding this.

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January 08, 2017, 09:05:23 PM
 #152

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.

Yes, I agree with you. Trading is easy to lose much money as gambling. The whale investors control everything and They can lift the price up or down at anytime. This trading is the same as bitcoin or altcoins  and when we lost , we can not give right decisions and leading to big losses.
That depends on the market, if you choose an altcoin with a small market, and whose cryptocurrency is controlled by a group of few people, it will certainly be easy for that market to be manipulated. This is one of the reasons why the investor needs to do deep research before investing in any cryptocurrency.
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January 08, 2017, 09:22:53 PM
 #153

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.

Yes, I agree with you. Trading is easy to lose much money as gambling. The whale investors control everything and They can lift the price up or down at anytime. This trading is the same as bitcoin or altcoins  and when we lost , we can not give right decisions and leading to big losses.
That depends on the market, if you choose an altcoin with a small market, and whose cryptocurrency is controlled by a group of few people, it will certainly be easy for that market to be manipulated. This is one of the reasons why the investor needs to do deep research before investing in any cryptocurrency.
In my experience altcoin trading is just gambling. Like house edge, we need to struggle against the some inside people. Still some established altcoins are exception from this case. When uncertainty becomes a problem, then trading becomes gambling.

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January 09, 2017, 02:40:31 AM
 #154

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.

Yes, I agree with you. Trading is easy to lose much money as gambling. The whale investors control everything and They can lift the price up or down at anytime. This trading is the same as bitcoin or altcoins  and when we lost , we can not give right decisions and leading to big losses.
That depends on the market, if you choose an altcoin with a small market, and whose cryptocurrency is controlled by a group of few people, it will certainly be easy for that market to be manipulated. This is one of the reasons why the investor needs to do deep research before investing in any cryptocurrency.
In my experience altcoin trading is just gambling. Like house edge, we need to struggle against the some inside people. Still some established altcoins are exception from this case. When uncertainty becomes a problem, then trading becomes gambling.
When the risk is big, you can call it that you are just gambling. Altcoins investment is riskier compared to bitcoin but if you are just doing day trading you can easily minimize the risk, that can be done when you are active regularly to pay attention what's going on to the market especially keeping yourselves abreast with the recent news.

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January 09, 2017, 06:25:40 AM
 #155

Trading can not win much, but gambling can win up to hundreds of percent only a few hours. I think, gambling better than trading for with gambling makes satisfaction and does not need to learn about the history, analysis and others consideration.
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January 09, 2017, 06:36:23 AM
 #156

its one's decision if they believe trading as gambling but for me it is gambling because you are risking your money to lose and you can also earn which is gambling but you can not earn fast on trading unlike gambling.

Yes, I agree with you. Trading is easy to lose much money as gambling. The whale investors control everything and They can lift the price up or down at anytime. This trading is the same as bitcoin or altcoins  and when we lost , we can not give right decisions and leading to big losses.
That depends on the market, if you choose an altcoin with a small market, and whose cryptocurrency is controlled by a group of few people, it will certainly be easy for that market to be manipulated. This is one of the reasons why the investor needs to do deep research before investing in any cryptocurrency.
In my experience altcoin trading is just gambling. Like house edge, we need to struggle against the some inside people. Still some established altcoins are exception from this case. When uncertainty becomes a problem, then trading becomes gambling.

well yeah but you can also see what is happening in the market too. they can not hide everything. you can look at the orderbooks and see their orders and how they spread or put up walls to do different things, you can also check the history to see how much was sold and bought, you can also look at the charts and all the activity of those "insider people" you are talking about is clearly visible on these tools i just mentioned.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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January 09, 2017, 06:40:39 AM
 #157

In a way yes, if we are going to compare gambling and trading, we can considered Trading as gambling because the risk that we are taking in Trading is almost the same that we are taking in gambling, but not as big like the risk in gambling. In Trading the only problem that we are thinking of is being scam by someone while in gambling the only problem that we are thinking of is losing and the strategy that we are going to use, for us to win.
I think the only reason for which we can consider bitcoin as gambling is the risk factor, as both are risky and you can lose money even in trading, but in other point of view gambling is not like trading as trading need your skill your  previous experience and skill while gambling is not bothering these.
agree with you that both have equally risk but in trading also lucky not necessary such as gambling because i think to get profit in trading only skill are very necessary and people cannot start trading only counting on their luck

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pinoycash
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January 09, 2017, 06:45:16 AM
 #158

For as long as its involves money and investments it can be called gamble, We gamble our money on trading to earn profits. Our everyday life is a gamble and we take risk on everything


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naidray
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January 09, 2017, 07:05:47 AM
 #159

In my experience altcoin trading is just gambling. Like house edge, we need to struggle against the some inside people. Still some established altcoins are exception from this case. When uncertainty becomes a problem, then trading becomes gambling.
House edge and inside people are almost similar things across gambling and trading. Honestly we will never able to overcome these two. Other than this, there are lot of factors could be found commonly in these two is difference fields, among them one must be risk levels.

Based on risk levels alone, many people are making their conclusion of considering trading is as equivalent to gambling.
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January 09, 2017, 07:07:36 AM
 #160

For as long as its involves money and investments it can be called gamble, We gamble our money on trading to earn profits. Our everyday life is a gamble and we take risk on everything
Risking money is not always gambling ,it is on my mindset because for me in gambling in which you will play a game to win or to have fun but in trading is too big different from it which is not fast lose and as fast as gambling winnings so consideration of trading as gambling is on our mindset only =)
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