dhampir-D
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January 27, 2017, 03:02:07 PM |
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In both sectors there is risk involved but in trading buying and selling will be in your control, but were as in gambling it depends on luck. When compared to gambling little bit safe because even though we will make money even the price decreases but where as in gambling it is possible once we bet either we will win or loose.
There is a big different in trading from gambling. You can be successful in buying and selling coins, you always make a wise decision. In gambling, you will never know when you will win and if your luck will come and help you especially you are playing against the house edge. Obviously the house will not accept to lose a lot of money, that is why the design of these games do not let that happen. I think in gambling almost always the risks will be very high, and the moves are difficult to predict. In trading the thing occurs differently, everything happens based on events occurring in the economy, so I think it's easier to make predictions and more accurate moves in this case.
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legendbtc
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January 27, 2017, 03:22:58 PM |
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When it comes to money both are same because we are investing our money in both trading and gambling. Both sectors are very risky but internally there is big difference in between them. Because trading will move according to the market but where as gambling is run through coding. In gambling there are many odd chances of winning.
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markyminer
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January 27, 2017, 03:47:01 PM |
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Yes I can say it that way, all the things that there is a risk the fortunes won and lost in a short time, we can say that trading is considered with gambling. Surely we must be vigilant with this.
Risk is everywhere. Even if you walk down the street there is a risk that something would happen, either good or bad. So, do we consider that gambling when we walk? I guess trading is no different. We can't consider it as gambling even if we can earn a fortune in it. It's calculated risks and that is quite different from gambling. "Risk", that's why trading is profitable, when you can manage your risk, automatically you can earn a fortune. It's different when gambling, there's no managing risk, it's pure luck. It is not so easy to manage your risks in trading particularly if one is not monitoring markets very closely. Many experts lost a lot of money in trading so investors should be very careful when they go to trading and never depends on anyone's tips to trade. First, try to learn at least basics first because I saw many people jump to trading without any basics of trading and lost a lot of money. making space and generation money from market is not so easy, for this you must keep a close eye on every activity in market related to trading, you must also have updated information about trading product, and if you do not have such information about the market and doing trading blindly, then for your there is no difference between trading and gambling.
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chaser15
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January 27, 2017, 03:49:49 PM |
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When it comes to money both are same because we are investing our money in both trading and gambling. Both sectors are very risky but internally there is big difference in between them. Because trading will move according to the market but where as gambling is run through coding. In gambling there are many odd chances of winning.
But the bottom line will be the same since money are involved. It's just that trading and gambling are performed the different way. If trading can't be considered as gambling then we should see many people not losing in the world of trading. Even trades does have some strategically way to make a person able to profits in the long run, still money are at risk and chances of losing is always possible whatever trading analyzation they have applied.
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bitcircle
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January 27, 2017, 03:57:28 PM |
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Both are risky in trading just big whales making more money with some tricks to make panic the people. In gambling the owners are getting richer day by day due to greediness of the players.
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Qunenin
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January 28, 2017, 03:25:01 AM |
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i do not consider that gambling as trading because gambling is risky and maximize the risk and trading has too much low risk and trading minimize the risk because bitcoin price increase too much faster day by day so trade is much more different from gambling.
There is no guaranty that bitcoin prices always go high, so you should trade carefully. Because bitcoin prices were 1000+ long back, and after that fall only recently it has reached that level. So try to learn how trading works before jumping into it with big investments. As you said bitcoins, prices are very volatile so you may make a good profit in quick time and the same time you may lose your investments quite fast as well. Bitcoin prices remain stable between 900 to 970$ so there is not much margin in getting profit from bitcoin to USD trading in short term. I would suggest you may find altcoin trading more beneficial as there a lot of Altcoins to choose from and you may invest in few good alts. Poloniex and C-cex are my favorite exchanges where i trade alts.
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morgand
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January 28, 2017, 03:48:06 AM |
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I think, its difference between trading and gambling. Yes, they both need some luck, but, in trading you need a strategy and analysis too, and able to make sure that the decision you took was correct, then you can get some profit. In gambling, all you need is take the risk "consider its gone when you place it".
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slapper
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January 28, 2017, 05:35:50 AM |
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I think, its difference between trading and gambling. Yes, they both need some luck, but, in trading you need a strategy and analysis too, and able to make sure that the decision you took was correct, then you can get some profit. In gambling, all you need is take the risk "consider its gone when you place it".
I agree to what you say and therefore, I never consider trading as gambling. Gambling requires a lot of luck and everything is simply controlled by the House. No methods or strategy can help you to win it. However, the situation change in trading. The more skillful you are, the more money you can obtain from trading. That's why you can see many experts in trading, some even become famous.
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Herbert2020
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January 28, 2017, 06:00:38 AM |
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i do not consider that gambling as trading because gambling is risky and maximize the risk and trading has too much low risk and trading minimize the risk because bitcoin price increase too much faster day by day so trade is much more different from gambling.
There is no guaranty that bitcoin prices always go high, so you should trade carefully. Because bitcoin prices were 1000+ long back, and after that fall only recently it has reached that level. So try to learn how trading works before jumping into it with big investments. As you said bitcoins, prices are very volatile so you may make a good profit in quick time and the same time you may lose your investments quite fast as well. Bitcoin prices remain stable between 900 to 970$ so there is not much margin in getting profit from bitcoin to USD trading in short term. I would suggest you may find altcoin trading more beneficial as there a lot of Altcoins to choose from and you may invest in few good alts. Poloniex and C-cex are my favorite exchanges where i trade alts. that chance is still big enough (it is 7.7% change) and it is enough to make a profit if you are a trader. in fact traders in forex market are dealing with much smaller amount of change and they are making profit. but yeah altcoins are much more profitable but also at the same time this profit comes at a bigger risk, since they are less predictable too.
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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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justdimin
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January 28, 2017, 07:06:48 AM |
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I think, its difference between trading and gambling. Yes, they both need some luck, but, in trading you need a strategy and analysis too, and able to make sure that the decision you took was correct, then you can get some profit. In gambling, all you need is take the risk "consider its gone when you place it".
It is easier said than actually done because in trading that I have done here so far requires just luck and nothing else. In fact more than gambling we need luck in trading because in gambling we have to hope our team/player do well but with coin investing and trading we have to hope the coin goes up and the owners does not dump it totally at some point.
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PokerFace3
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January 28, 2017, 07:40:05 AM |
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When it comes to money both are same because we are investing our money in both trading and gambling. Both sectors are very risky but internally there is big difference in between them. Because trading will move according to the market but where as gambling is run through coding. In gambling there are many odd chances of winning.
Both are same and xerox of each other but gambling brings us addiction while trading brings confidence for future trades. Yes you need luck in trading but its more like comparing dice vs bustabit where in dice we need pure luck, in bust a bit we need to use our brain and cashout immediately once we are in profit, so just cannot rely on luck at all.
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Farma
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January 28, 2017, 08:34:50 AM |
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When it comes to money both are same because we are investing our money in both trading and gambling. Both sectors are very risky but internally there is big difference in between them. Because trading will move according to the market but where as gambling is run through coding. In gambling there are many odd chances of winning.
Both are same and xerox of each other but gambling brings us addiction while trading brings confidence for future trades. Yes you need luck in trading but its more like comparing dice vs bustabit where in dice we need pure luck, in bust a bit we need to use our brain and cashout immediately once we are in profit, so just cannot rely on luck at all. I agree, when you invest money that you have on both, I think both are the same thing. but, when you move it yourself, or find the money themselves, use one of the, I think trading and gambling have different ways, which need different ways to get the results that a lot of trading, and gambling.
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ethereumhunter
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January 28, 2017, 10:03:54 AM |
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I think, its difference between trading and gambling. Yes, they both need some luck, but, in trading you need a strategy and analysis too, and able to make sure that the decision you took was correct, then you can get some profit. In gambling, all you need is take the risk "consider its gone when you place it".
I agree to what you say and therefore, I never consider trading as gambling. Gambling requires a lot of luck and everything is simply controlled by the House. No methods or strategy can help you to win it. However, the situation change in trading. The more skillful you are, the more money you can obtain from trading. That's why you can see many experts in trading, some even become famous. indeed but don't forget that we should consider about reversed that might be happen in the market because i see this is happen in many coins for example the coins gets pump for quick and after one hour, the price suddenly getting dump without any prediction about the dump so it would make a panic in the market.
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mkmdoc
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January 28, 2017, 10:40:21 AM |
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I want to know what you guys think about this, I have stopped gambling but still trade so does this mean I am still gambling?? I don't trade on basis of luck I trade using my skills would it still be considered gambling??
Please tell me what do you think.
If you trade with the knowledge you have acquired reading books and practicing then it is not gambling but an investment, but if you trade based on hunches or by relying on your luck then it is no different than gambling. To take part in trading many people need lot of experience in market, he need to estimate when will price increases and when will price decreases. In gambling there is no need of any market estimation just we need investment to gamble.
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Japinat
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January 28, 2017, 10:53:03 AM |
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I want to know what you guys think about this, I have stopped gambling but still trade so does this mean I am still gambling?? I don't trade on basis of luck I trade using my skills would it still be considered gambling??
Please tell me what do you think.
If you trade with the knowledge you have acquired reading books and practicing then it is not gambling but an investment, but if you trade based on hunches or by relying on your luck then it is no different than gambling. To take part in trading many people need lot of experience in market, he need to estimate when will price increases and when will price decreases. In gambling there is no need of any market estimation just we need investment to gamble. Even if we do not have enough experience, we can still trade. We all started as newbie so most of us just learn from our experience to succeed. Trading is better than gambling in terms of earning money since in trading you can always analyze the real market and you will have a great chance if you are also lucky. Gambling is really different, you just have to consider it as a pure entertainment.
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hurain
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January 28, 2017, 02:32:07 PM |
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I want to know what you guys think about this, I have stopped gambling but still trade so does this mean I am still gambling?? I don't trade on basis of luck I trade using my skills would it still be considered gambling??
Please tell me what do you think.
If you trade with the knowledge you have acquired reading books and practicing then it is not gambling but an investment, but if you trade based on hunches or by relying on your luck then it is no different than gambling. To take part in trading many people need lot of experience in market, he need to estimate when will price increases and when will price decreases. In gambling there is no need of any market estimation just we need investment to gamble. yes that is true that gambling need a lot of experience and knowledge, in trading you need a continue study about the product in which you are going to invest your money. if you do not have any knowledge about the product which you want to trade then you are putting your money in risk. in trading one must also have good trading skill to make trading more effective.
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marketone
Legendary
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Activity: 1302
Merit: 1000
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January 28, 2017, 02:37:38 PM |
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If we don't have any experience than every thing is considered as gambling, experienced person can analyse market according to market he will sell for his profits. If a person don't have any knowledge about marketing than he dumply sells his coins.
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gabmen
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January 28, 2017, 03:53:26 PM |
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If we don't have any experience than every thing is considered as gambling, experienced person can analyse market according to market he will sell for his profits. If a person don't have any knowledge about marketing than he dumply sells his coins.
You got that on point dude. I think trading can be considered as gambling for people who are new to trading. Of course there will be random earnings and random losses when you' re doing it for the first time. And i agree that the longer you trade, the more experience you'll get and the better you'll understand thr movement of coins and that way it would be less of a gamble when you're trading as everything would have been calculated already
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bitbob82
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January 28, 2017, 10:08:45 PM |
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If we don't have any experience than every thing is considered as gambling, experienced person can analyse market according to market he will sell for his profits. If a person don't have any knowledge about marketing than he dumply sells his coins.
but to i think that if you are loosing money in any thing because of lack of experience should be consider as gambling, because in most of gambling game we do not need any experience and we mostly depend on luck, if you even depend on luck for any activity then it can be call as gambling.
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Viscore
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January 29, 2017, 05:15:43 AM |
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If we don't have any experience than every thing is considered as gambling, experienced person can analyse market according to market he will sell for his profits. If a person don't have any knowledge about marketing than he dumply sells his coins.
but to i think that if you are loosing money in any thing because of lack of experience should be consider as gambling, because in most of gambling game we do not need any experience and we mostly depend on luck, if you even depend on luck for any activity then it can be call as gambling. You don't need luck in trading if you are doing your job, even if you are not asking for it, it will just come anytime. So, what you should be doing is continue to educate yourself, you will need it in the long run since trading is not only a short term investment.
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