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Author Topic: Can trading be considered as gambling??  (Read 21231 times)
phr0stbyt3
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February 02, 2017, 10:40:54 PM
 #321

First of there is a really big difference between trading and gambling.
Trading is something serious like most of the people gamble for fun it's not possible to do that while you are trading.
Most of the gambling sites have minimum deposit of 0.5$-1$. While trading sites have minimum deposits of 200$-500$.
You need skills for trading while gambling is mostly luck.
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February 02, 2017, 10:55:47 PM
 #322

if you don't know what you are doing then, yes. it's gambling if you don't follow a bunch of indicators and even with that, it would still be a grey line between gambling and not-gambling, BTC is unstable and the price can change unpredictably, same for other crypto's and altcoins. I've seen people in Forex and even with the oldest/most skilled. The line is very thin.
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February 02, 2017, 11:03:19 PM
 #323

I do not understand about trading but in my opinion is very different from gambling. because basically gambling is risky and can not use any tricks. different from a trading using calculations subuah
If you are just differentiating trading and gambling with risk maybe you can check it again because they are both risky. But they are totally different on how it goes gambling is a fast game of money where the chances of losing is fast too but in trading you need to use your skills and knowledge upon on how market moves.

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February 03, 2017, 03:22:48 AM
 #324

I do not understand about trading but in my opinion is very different from gambling. because basically gambling is risky and can not use any tricks. different from a trading using calculations subuah
If you are just differentiating trading and gambling with risk maybe you can check it again because they are both risky. But they are totally different on how it goes gambling is a fast game of money where the chances of losing is fast too but in trading you need to use your skills and knowledge upon on how market moves.
The same thing can also be applied with gambling, we can use our skills and to have a knowledge is necessary. But base on the what we have witness as we are gamblers and traders at the same time, we can tell that we loses more in gambling than trading. So that concludes, trading is easier than gambling in terms of chances to be profitable.

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February 03, 2017, 03:38:16 AM
 #325

I do not understand about trading but in my opinion is very different from gambling. because basically gambling is risky and can not use any tricks. different from a trading using calculations subuah
If you are just differentiating trading and gambling with risk maybe you can check it again because they are both risky. But they are totally different on how it goes gambling is a fast game of money where the chances of losing is fast too but in trading you need to use your skills and knowledge upon on how market moves.
The same thing can also be applied with gambling, we can use our skills and to have a knowledge is necessary. But base on the what we have witness as we are gamblers and traders at the same time, we can tell that we loses more in gambling than trading. So that concludes, trading is easier than gambling in terms of chances to be profitable.
That's right , they have similarities in risk and using our pwn skills but the chances and to how we use to play on it .Overall trading is much profitable if you buy the low altcoin then a big pump happens x5 or more with your bankroll in gambling some of it is based on jackpot or pot money if you won.


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boyptc
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February 03, 2017, 05:08:33 AM
 #326

First of there is a really big difference between trading and gambling.
Trading is something serious like most of the people gamble for fun it's not possible to do that while you are trading.
Most of the gambling sites have minimum deposit of 0.5$-1$. While trading sites have minimum deposits of 200$-500$.
You need skills for trading while gambling is mostly luck.

There are gamblers that are treating gambling as something serious either. But you are right with it that they have big differences. Trading requires and takes time before you can be successful with it and in gambling you can be successful if you are going to be that lucky enough. But you will be fast in failure in gambling unlike trading.

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BitcoinPC
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February 03, 2017, 05:24:20 AM
 #327

First of there is a really big difference between trading and gambling.
Trading is something serious like most of the people gamble for fun it's not possible to do that while you are trading.
Most of the gambling sites have minimum deposit of 0.5$-1$. While trading sites have minimum deposits of 200$-500$.
You need skills for trading while gambling is mostly luck.

There are gamblers that are treating gambling as something serious either. But you are right with it that they have big differences. Trading requires and takes time before you can be successful with it and in gambling you can be successful if you are going to be that lucky enough. But you will be fast in failure in gambling unlike trading.

I am also including in this list who think gambling and trading, both have a lot of differences. Main reason is that in trading, on one could do it, only experience man could handle trading, and in gambling everyone could play it without any information and experience. But i always say that both are similar only one reason and that is both are risky. And in this point we couldn't deny it. 
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February 03, 2017, 05:43:01 AM
 #328

First of there is a really big difference between trading and gambling.
Trading is something serious like most of the people gamble for fun it's not possible to do that while you are trading.
Most of the gambling sites have minimum deposit of 0.5$-1$. While trading sites have minimum deposits of 200$-500$.
You need skills for trading while gambling is mostly luck.

There are gamblers that are treating gambling as something serious either. But you are right with it that they have big differences. Trading requires and takes time before you can be successful with it and in gambling you can be successful if you are going to be that lucky enough. But you will be fast in failure in gambling unlike trading.

I am also including in this list who think gambling and trading, both have a lot of differences. Main reason is that in trading, on one could do it, only experience man could handle trading, and in gambling everyone could play it without any information and experience. But i always say that both are similar only one reason and that is both are risky. And in this point we couldn't deny it. 

Yes experience is a big factor in trading and that's why trading is not for newbies. But with gambling, even you are just a newbie you can gamble all the way. And that's what gambling is intended for, if you have pure luck and you think and you can feel that you have it. Then just keep on gambling but in trading it's not just all about luck.

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RIUM
..FAST DEPOSITS .........
..AND WITHDRAWALS..
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February 03, 2017, 06:52:09 AM
 #329

I do not understand about trading but in my opinion is very different from gambling. because basically gambling is risky and can not use any tricks. different from a trading using calculations subuah
If you are just differentiating trading and gambling with risk maybe you can check it again because they are both risky. But they are totally different on how it goes gambling is a fast game of money where the chances of losing is fast too but in trading you need to use your skills and knowledge upon on how market moves.
but i think if we compare the risk factor of both trading and gambling. i think gambling is more risky than trading. in gambling for some games we totally depend on luck while in some gambling format we depend mostly on our luck. while in trading although luck is also involve there but still our experience and our skill can change the result of the game.
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February 03, 2017, 07:07:34 AM
 #330

gamble and trade was very different as possible from the basic definition is the same that is profit but trade makes more sense because he profited from something he sells
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February 03, 2017, 07:21:05 AM
 #331

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.
For me I also consider trading as a gambling but,
If you are going to analyze it and use your skill I think that it's more safer and I won't consider it as gambling.

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February 03, 2017, 07:30:29 AM
 #332

I do not understand about trading but in my opinion is very different from gambling. because basically gambling is risky and can not use any tricks. different from a trading using calculations subuah
If you are just differentiating trading and gambling with risk maybe you can check it again because they are both risky. But they are totally different on how it goes gambling is a fast game of money where the chances of losing is fast too but in trading you need to use your skills and knowledge upon on how market moves.
but i think if we compare the risk factor of both trading and gambling. i think gambling is more risky than trading. in gambling for some games we totally depend on luck while in some gambling format we depend mostly on our luck. while in trading although luck is also involve there but still our experience and our skill can change the result of the game.

In trading you can increase the chance of earning profit based on your skill and experience. Losing at first in trading is okay because it is a lesson for you and it will enhance your skill in your next trade. While in gambling, if you lose, you just get addicted and lose more money trying to recover what you losed from before. Skill and experience won't help that much in gambling because in order to beat the house we need some big amount of luck to do that.
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February 03, 2017, 07:52:05 AM
 #333

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, trading is not a kind of gambling. It needs full of analysis before you trade something in the exchange platform. Which means you are also reading the movements of the coins in the market before putting your sell wall order or buy wall order.
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February 03, 2017, 12:54:38 PM
 #334

I do not understand about trading but in my opinion is very different from gambling. because basically gambling is risky and can not use any tricks. different from a trading using calculations subuah
If you are just differentiating trading and gambling with risk maybe you can check it again because they are both risky. But they are totally different on how it goes gambling is a fast game of money where the chances of losing is fast too but in trading you need to use your skills and knowledge upon on how market moves.
but i think if we compare the risk factor of both trading and gambling. i think gambling is more risky than trading. in gambling for some games we totally depend on luck while in some gambling format we depend mostly on our luck. while in trading although luck is also involve there but still our experience and our skill can change the result of the game.

In trading you can increase the chance of earning profit based on your skill and experience. Losing at first in trading is okay because it is a lesson for you and it will enhance your skill in your next trade. While in gambling, if you lose, you just get addicted and lose more money trying to recover what you losed from before. Skill and experience won't help that much in gambling because in order to beat the house we need some big amount of luck to do that.
yes no doubt that trading need experience and skill, and in some cases we can consider trading as gambling. for example if you have no experience in trading and you are depending on your luck for making money then certainly trading can be consider as luck, because in luck we totally depending on our luck and the use of skill and experience have very little chances.

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February 03, 2017, 03:17:09 PM
 #335

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, trading is not a kind of gambling. It needs full of analysis before you trade something in the exchange platform. Which means you are also reading the movements of the coins in the market before putting your sell wall order or buy wall order.

You are right telling, but majority of the people consider gambling and trading both are same, because we face risk in both gambling and trading. I believe when we face of risky in trading than we remember the gambling. Also we buy any coins but we don't know that our coins give us profit or not and sometime we get lose. So i think that's why, people think that trading like a gambling. 









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February 03, 2017, 03:24:55 PM
 #336

Absolutely not, there are two different things....
Trading is a form of investment where you have to learn a lot before to start and luck is a small part, gambling is an addition where no skills are involved and the positive outcome depends only from luck!
when you loose on trading you always have a way to recovery, with gambling you always end get busted Wink
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February 03, 2017, 10:48:24 PM
 #337

I do not understand about trading but in my opinion is very different from gambling. because basically gambling is risky and can not use any tricks. different from a trading using calculations subuah
If you are just differentiating trading and gambling with risk maybe you can check it again because they are both risky. But they are totally different on how it goes gambling is a fast game of money where the chances of losing is fast too but in trading you need to use your skills and knowledge upon on how market moves.
The same thing can also be applied with gambling, we can use our skills and to have a knowledge is necessary. But base on the what we have witness as we are gamblers and traders at the same time, we can tell that we loses more in gambling than trading. So that concludes, trading is easier than gambling in terms of chances to be profitable.

Yes that makes trading easier way to get profit because we know that in gambling chances of winning is like 30/70 but in trading you have more chances of getting profit depending on how you are going to apply those skills you got. I prefer to trade for the profit and I prefer to gamble when I just wanted to have some fun it yet both had risk.

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February 04, 2017, 06:17:16 AM
 #338

I do not understand about trading but in my opinion is very different from gambling. because basically gambling is risky and can not use any tricks. different from a trading using calculations subuah
If you are just differentiating trading and gambling with risk maybe you can check it again because they are both risky. But they are totally different on how it goes gambling is a fast game of money where the chances of losing is fast too but in trading you need to use your skills and knowledge upon on how market moves.
The same thing can also be applied with gambling, we can use our skills and to have a knowledge is necessary. But base on the what we have witness as we are gamblers and traders at the same time, we can tell that we loses more in gambling than trading. So that concludes, trading is easier than gambling in terms of chances to be profitable.

Yes that makes trading easier way to get profit because we know that in gambling chances of winning is like 30/70 but in trading you have more chances of getting profit depending on how you are going to apply those skills you got. I prefer to trade for the profit and I prefer to gamble when I just wanted to have some fun it yet both had risk.
That should be our way of thinking, think that gambling is for fun and trading is for serious business to earn money. Both are hard in terms of making money but we know where we can have a bigger chance. Thinking that we are good in gambling and we can get profit more than the traders, then that is something we need to prove first, we should basing on the record and not just on what we feel we can get.

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February 05, 2017, 10:39:08 AM
 #339

Kasabus has it right, gambling is for fun and trading things like Stocks, Bitcoin, Altcoins and Forex would be a serious action. OP, if you like to trade with no idea of what will happen next and no information to back your strategy then you will be a gambler -not a trader.

Trading requires hours upon hours of research, watching the charts movements and if you are trading Altcoins then you would have to be updated with the latest order book information. It may seem like it's a tedious and meaningless task to just trade without knowing if you will make money from the trade but as you continue to do your due diligence and are ready to enter in the trade you will find it to be really fun.

Also, the speed where people earn money is faster with ttading (usually).

As for me, I like to trade a few altcoins just for the thrill. That feeling is pretty awesome, it kind of fells like riding an electric bicycle up and down a hill.

An easier method to remember would be if someone purchased an Altcoin they wont really lose the whole total balance if something bad happened. With gambling once you lose -you lose.

Code:
http://www.investopedia.com/financial-edge/0512/investing-vs.-gambling-where-is-your-money-safer.aspx

Don't let anyone tell you what to do with your money though, gambling is called "Gambling" for a reason and trading is called "Trading" for a reason as well.


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February 05, 2017, 11:02:48 AM
Last edit: February 05, 2017, 11:29:36 AM by BigBoom3599
 #340

It all depends on how you trade, if you like trading with a lot of leverage, and just trade on gut feeling only without having ever read a book about it, then yes I'd say you're basically gambling at that point. However if you've got a lot of experience and trade with your own money then it can be a steady source of income so I wouldn't call it gambling.
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