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Author Topic: Can trading be considered as gambling??  (Read 21308 times)
babsalt1975
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January 29, 2017, 05:36:26 AM
 #261

There are slight differences between gambling and trading, gambling involves risking something of value on an uncertain event in hopes of winning something of greater value. While the term “trading” simply means “exchanging one item for another”. We usually understand this to be the exchanging of goods for money or in other words, simply buying something. If you are trading in crypto currency, you are simply selling one form of currency and buying the other.
Orange Mango
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January 29, 2017, 02:12:26 PM
 #262

You do take many risks so you could say that it is a gamble to trade. With trading you dont lose everything if you make a bad choice. You can always sell the balance of your coins afterwards and you even habe a chance of the coon going back up so I wouldn't say it is like gambling but you do take "gambles" That is more a figure of speach though.
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January 29, 2017, 02:24:38 PM
 #263

Many people have some consideration about both gambling and trading. Coming to investment in both of them we have to invest to make but coming to risk factor gambling has 100% risk when compared to trading. Through trading we can make at least some money, if we won't sell at bought price.

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January 29, 2017, 02:40:39 PM
 #264

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.
- "don't need luck in trading", Are you sure?
- You always need luck, I'm sure. You may be intelligent or clever, but you will not succeed if you do not have luck
- Trading is a job that always need luck, you can not predict the future, and so you need to factor luck in trading


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dihari
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January 29, 2017, 02:41:56 PM
 #265

Trading and gambling is not same way to earn money. It is same when you rely on your luck to trade or gamble.
You need to have lot of knowledge about market to start your first move on trading. From fundamental analytics to technical analytics.
In gambling, you just need to watch and record the pattern of games that you play and believe to make a nice bet.
So trading is not considered as gambling.

bestluck
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January 29, 2017, 02:49:42 PM
 #266

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.
- "don't need luck in trading", Are you sure?
- You always need luck, I'm sure. You may be intelligent or clever, but you will not succeed if you do not have luck
- Trading is a job that always need luck, you can not predict the future, and so you need to factor luck in trading
In trading only these people depend on trade who will be newbie in trade and will invest blindly in any coin while those people who will be expert in trade and will know that which coin is worth to invest then they do not rely on luck but on their knowledge an skills as they from the beginning now that how much will they earn from that coin.
bravehearth0319
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January 29, 2017, 03:45:45 PM
 #267

My thoughts are that they both fall into the gambling arena, trading any coin even bitcoin is a risk and a 'gamble'.  as easy as you can lose on a horse or sports event you can just as easily lose in trading.

You can win big on both and experience the same buzz, I consider them both to be quite similar and something that can rarely be mastered.
 

Do think so? are you saying that trading and gambling are came at the same thing only? this is just for a clarification if they are really same. Because in gambling I cannot consider it as an investment, but trading can be consider for me as investment or my assets?
marlboroza
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January 29, 2017, 06:33:17 PM
 #268

In trading only these people depend on trade who will be newbie in trade and will invest blindly in any coin while those people who will be expert in trade and will know that which coin is worth to invest then they do not rely on luck but on their knowledge an skills as they from the beginning now that how much will they earn from that coin.
I don't know, google is working fine here  Grin

Anyway, why do you think newbies won't do some research before they buy coins(i am not talking about "i have 20$ to trade what to buy" newbies)? Why do you think expert traders know how much they will earn?


uneng
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January 29, 2017, 07:47:59 PM
 #269

My thoughts are that they both fall into the gambling arena, trading any coin even bitcoin is a risk and a 'gamble'.  as easy as you can lose on a horse or sports event you can just as easily lose in trading.

You can win big on both and experience the same buzz, I consider them both to be quite similar and something that can rarely be mastered.
 

Do think so? are you saying that trading and gambling are came at the same thing only? this is just for a clarification if they are really same. Because in gambling I cannot consider it as an investment, but trading can be consider for me as investment or my assets?

An investment that can finish very bad. Nobody knows the market behavior, you can invest money in a currency and lose in the end, nobody can be a fortune teller to know what comes next. Gambling and trade have some similar points, because of it I don't use a big part of my money on it, it's too risky and I prefer the safe when talking about investment and money.

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HaXX0R1337
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January 29, 2017, 07:55:43 PM
 #270

Trading and gambling is not same way to earn money. It is same when you rely on your luck to trade or gamble.
You need to have lot of knowledge about market to start your first move on trading. From fundamental analytics to technical analytics.
In gambling, you just need to watch and record the pattern of games that you play and believe to make a nice bet.
So trading is not considered as gambling.
It is really difficult to understand the patterns when it comes to gambling and i can say that there is no patterns at  all ,you can win some if you are lucky enough and that is it but when it comes to trading if you follow the news regularly and if you are able to purchase the coins at a reasonable price you can make profits.

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January 30, 2017, 02:57:09 AM
 #271

What is the definition of gambling? In general, the definition of gambling is when you bet with -EV and to win basically rely on luck.

Does trading basically rely on luck? I think if you are a bad trader, then your win basically rely on luck. Hence, I would say that if you are a bad trader, trading definetely can be considered as gambling.

When you trade, you are selling one product for another, or trading one product for another. For example, if you trade your car which is worth $10K for car which is worth $9K, i would say you are bed trader and it has to do anything with luck.
Also you could say you trade 1$ for 1 lottery ticket, or better, 1$ for 1 dice roll, right? We all know it doesn't work that way.

If you trade large amounts on the stock market, without knowing what is needed, then you are definetely a gambler who depend on luck. Grin
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January 30, 2017, 10:07:37 AM
 #272

Trading and gambling is not same way to earn money. It is same when you rely on your luck to trade or gamble.
You need to have lot of knowledge about market to start your first move on trading. From fundamental analytics to technical analytics.
In gambling, you just need to watch and record the pattern of games that you play and believe to make a nice bet.
So trading is not considered as gambling.
It is really difficult to understand the patterns when it comes to gambling and i can say that there is no patterns at  all ,you can win some if you are lucky enough and that is it but when it comes to trading if you follow the news regularly and if you are able to purchase the coins at a reasonable price you can make profits.

In terms of risk, gambling and trading are same. But if we talk about the chance of earning profit from it is very different. In gambling the chance of winning is always 50/50. But in trading there are many factors that can help you to make a successful trade. If you have some good skills in it, you can even make a living from trading.
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January 30, 2017, 10:12:55 AM
 #273

Well on coins which is stable like bitcoin, eth, if you buy and sell we could consider that as trading as it already has a proper implementation, and its well known.

But if trade coins which is just comes from brand new ico like maybe some abccoin, duckcoin, meowcoin or any new coin.

It will consist almost 70-80% gambling + 20% trading.

As if it has no proper implementation, you are just gamble out when you can see nothing but a announcement page , no wallet, no product xd
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January 30, 2017, 10:22:45 AM
 #274

It seems so, I initially thought that pure trading requires analysis, so that if we master the analysis then we would get the victory, but once I master the trading and try trading, it turns out my guess was wrong, so I say that trading equals gambling.
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January 30, 2017, 10:29:01 AM
 #275

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.
In my opinion we can't say perfectly that trading is like a gambling . Still most of the qualities in the trading belongs to the gambling , profit and loss , .
In the gambling the outcome of the game judge our win/loss , which is not in our hand to control the outcome results , In the same way trading also results into the rise/fall of market that is not under control by the trader .
So in some factors gambling is still similar with trading .But we don't forget that trading has less chance of loss then in gambling of bitcoin , which always making our mind to always going in trading than in gambling .

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January 30, 2017, 10:30:36 AM
 #276

It seems so, I initially thought that pure trading requires analysis, so that if we master the analysis then we would get the victory, but once I master the trading and try trading, it turns out my guess was wrong, so I say that trading equals gambling.
Trading is not exactly gambling, but some similarities are there, To gamble we need investment and to play skill game we need knowledge and to win we need luck, In Trading also same but without having proper knowledge we can not make a profit in trading, But in gambling, it is possible in slot games. And Trading is not purely depended on luck, but gambling without luck we can not make a profit.
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January 30, 2017, 10:38:23 AM
 #277

Many people have some consideration about both gambling and trading. Coming to investment in both of them we have to invest to make but coming to risk factor gambling has 100% risk when compared to trading. Through trading we can make at least some money, if we won't sell at bought price.

Gambling is not an investment either people are just thinking that it is a type of investment because they are putting money into it and thinks that they are going to get profit for sometime. The risk is the only thing to be considered with both of it. And it is more profitable if we are going to go with trading because that is not going give us an headache.

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January 30, 2017, 10:39:26 AM
 #278

It seems so, I initially thought that pure trading requires analysis, so that if we master the analysis then we would get the victory, but once I master the trading and try trading, it turns out my guess was wrong, so I say that trading equals gambling.
Trading is not exactly gambling, but some similarities are there, To gamble we need investment and to play skill game we need knowledge and to win we need luck, In Trading also same but without having proper knowledge we can not make a profit in trading, But in gambling, it is possible in slot games. And Trading is not purely depended on luck, but gambling without luck we can not make a profit.
Gambling do really needs luck for you to make profits most of the time but in trading it does really need luck too but not too much compared to gambling and your main weapon here on doing trading is your skills and knowledge on it because this thing will help you on your career.

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January 30, 2017, 10:52:38 AM
 #279

It seems so, I initially thought that pure trading requires analysis, so that if we master the analysis then we would get the victory, but once I master the trading and try trading, it turns out my guess was wrong, so I say that trading equals gambling.
Trading is not exactly gambling, but some similarities are there, To gamble we need investment and to play skill game we need knowledge and to win we need luck, In Trading also same but without having proper knowledge we can not make a profit in trading, But in gambling, it is possible in slot games. And Trading is not purely depended on luck, but gambling without luck we can not make a profit.
Well thats statement really show that its not the same the good investors will study and make good research regarding to his investment definitely he will look for chances to earn good profits while in a gamblers points of view if he's feeling lucky he will win the game. Luck for gambling, research and deep understanding for trading.
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January 30, 2017, 12:02:51 PM
 #280

I certainly classify trading with Gambling, You are not a seer to know whats going to happen whether you win or lose. Its all about probability,

 
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