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Author Topic: Can trading be considered as gambling??  (Read 21228 times)
MFahad
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June 05, 2017, 03:49:58 PM
 #621

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.
No as for me trading is not a gamble they have a bid differences like gamble you can only depend on your luck if you have no luck on gambling i a sure you that what ever you do you can't win. But on trading that base how you manage your skills and timing.

Also i see mostly people do trading but not playing gambling.
Because we know that gambling and trading both have differences and the main difference is that gambling is full of games and in trading we are not playing games, we just sell and buy and in trading it is a save than gambling.









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June 05, 2017, 04:03:15 PM
 #622

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.
No as for me trading is not a gamble they have a bid differences like gamble you can only depend on your luck if you have no luck on gambling i a sure you that what ever you do you can't win. But on trading that base how you manage your skills and timing.

Also i see mostly people do trading but not playing gambling.
Because we know that gambling and trading both have differences and the main difference is that gambling is full of games and in trading we are not playing games, we just sell and buy and in trading it is a save than gambling.
The risk in gambling is high than trading because you can be still sell coins what you are buy and hold if the price is getting low you can be still hold and wait for the price increase to sell it with a good profit..  or sell it if you are thinking that the price will never increase back..
Gambling is a place where we can play for entertainment purposes and trading is a part of business that you can make a good profit if you know how to do margin in your trading strategy..
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June 05, 2017, 04:12:39 PM
 #623

I think trading and gambling have similarities, which equally risk money. But there is a difference between the two things that make trading can not be considered as gambling. And the difference is, trading is risking money on a business, and making trading only aims to make money. While gambling stakes money on a game, the goal is to make money too, but because on gambling we play a game, so gambling can also aim to have fun.
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June 05, 2017, 09:20:36 PM
 #624

I guess that anytime you're risking money then it can be considered as some type of gambling.  Gambling in the pure sense is based on luck of the draw, roll of the dice, or spin of the wheel which are predefined win/loss percentages.

Investments can be considered gambling but based on the business entity, corporation, or independent small businessman's acumen and ability to follow through with a successful product.

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June 06, 2017, 04:14:53 AM
 #625

Trading would only become a gambling if you do make it as a gamble or shall we say you decide to do trading without proper knowledge on how to execute a profitable trade and without having this ideas and knowledge then you are just likely doing pure gambling because you do risk your money in a random way compared on having an idea to trade it does really have the difference.

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June 06, 2017, 05:38:33 AM
 #626

I do not think trading is gambling at all
Trading is an expertise in selling Grin

If one got a trading knowledge then it will not be considered as a gambling. But even with experience, no one can predict the prices very accurately on a daily basis so if you're doing day trading means almost guessing the prices that nothing but gambling.

Also if someone doing trading based on other people tips then we can call it as a gambling because they are taking risks based on other people suggestion which don't know going to happen or not. Nothing but guessing game equal to gambling.
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June 06, 2017, 06:46:54 AM
 #627

Trading would only become a gambling if you do make it as a gamble or shall we say you decide to do trading without proper knowledge on how to execute a profitable trade and without having this ideas and knowledge then you are just likely doing pure gambling because you do risk your money in a random way compared on having an idea to trade it does really have the difference.
The other than those mentioned possibilities, there are situations where our technical analysis might get failed due to unpredictable volatility of market movements and hence traders decided to gamble for the reason of coming out those difficult trading hours. I'm not ready to agree those justifications, still I did see many traders are doing this.

Trading could be considered as gambling but not in all occasions. When traders start throwing blind balls,  a trading automatically becomes gambling.
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June 06, 2017, 07:04:54 AM
 #628

Trading would only become a gambling if you do make it as a gamble or shall we say you decide to do trading without proper knowledge on how to execute a profitable trade and without having this ideas and knowledge then you are just likely doing pure gambling because you do risk your money in a random way compared on having an idea to trade it does really have the difference.

in my opinion, trading could be considered as gambling is when we don't have any direction about the coins, for example, we don't know how to make analysis, we only buy the coins in random price and hoping that our order is filled. the other way is when we buying or selling the coins, we don't take a look in the chart, the history trade, the trend so we are only buying and selling for random price.

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June 06, 2017, 07:52:48 AM
 #629

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.
No as for me trading is not a gamble they have a bid differences like gamble you can only depend on your luck if you have no luck on gambling i a sure you that what ever you do you can't win. But on trading that base how you manage your skills and timing.

Yes, there is big different between gambling and trading. In gambling, you need only luck and you need to have more money in order to gamble many times, whereas in trading you need to have the patience to make successful even little investment is enough in trading.
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June 06, 2017, 09:34:45 AM
 #630

According to my view, if the trading only uses feelings and luck, trading be considered as gambling.
But if they have an analysis about the cryptocurrency. I thought trading could not be considered gambling.
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June 06, 2017, 09:49:34 AM
 #631

Gambling and trading are the one that provides the highest earning than any other means of bitcoin and other cryptocurrency earning. Both differ much in all the features and at one point trading can be considered similar to gambling. This is when selecting an altcoin in a random manner for trading purpose. Here the luck gives the profit same as the gambling.

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June 06, 2017, 10:10:32 AM
 #632

According to my view, if the trading only uses feelings and luck, trading be considered as gambling.
But if they have an analysis about the cryptocurrency. I thought trading could not be considered gambling.

Yeah the risks you take are much more calculated with trading since there are a lot of factors you can work with. It can be more similar to betting on an nba game or a boxing match. More likely than not, with proper research, you'd end up with the correct prediction or close to it.

 
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June 09, 2017, 02:05:18 AM
 #633

I guess it can be considered gambling if it is compulsive and not technically or financially sound.
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June 12, 2017, 09:46:17 AM
 #634

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.
No as for me trading is not a gamble they have a bid differences like gamble you can only depend on your luck if you have no luck on gambling i a sure you that what ever you do you can't win. But on trading that base how you manage your skills and timing.

Also i see mostly people do trading but not playing gambling.
Because we know that gambling and trading both have differences and the main difference is that gambling is full of games and in trading we are not playing games, we just sell and buy and in trading it is a save than gambling.

According to my knowledge Trading and Gambling both are same it means both are a profitable area. Differences are trading need investment to start a business and wait for a long time to develop the business and needs a lot of knowledge, the lot of efforts and take too much risk in taking the decision for developing the business. once the business is the stand profit will coming every year but Gambling has not required any employees, skill, effort and no retirement in the business only require luck for earning the money.
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June 12, 2017, 10:11:46 AM
 #635

Trading is not in line with gambling because gambling requires skills and luck because in you cannot predict the future of gambling meanwhile in trading it requires skills, analysis and little bit of prediction because trading has much higher success to have profit because if you study and research about in where do you want to trade it has a high chance that you'll earn profit. Patience is also required in trading because you need to hold the coins you have until the it price raise to it's peak then sell it, insta-money
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June 12, 2017, 10:27:13 AM
 #636

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.
I don't consider trading as gambling because they have a big differences such as you could get a high profit than gambling because there's no way you could win. Yet, gambling is all about luck while trading is skills and experience.
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June 12, 2017, 10:37:17 AM
 #637

For me, trade is equated to gambling, but with good analysis it is less dangerous than gambling.
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June 12, 2017, 10:48:28 AM
 #638

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.
No as for me trading is not a gamble they have a bid differences like gamble you can only depend on your luck if you have no luck on gambling i a sure you that what ever you do you can't win. But on trading that base how you manage your skills and timing.

Also i see mostly people do trading but not playing gambling.
Because we know that gambling and trading both have differences and the main difference is that gambling is full of games and in trading we are not playing games, we just sell and buy and in trading it is a save than gambling.

According to my knowledge Trading and Gambling both are same it means both are a profitable area. Differences are trading need investment to start a business and wait for a long time to develop the business and needs a lot of knowledge, the lot of efforts and take too much risk in taking the decision for developing the business. once the business is the stand profit will coming every year but Gambling has not required any employees, skill, effort and no retirement in the business only require luck for earning the money.

I think you considered different trading. Here op has asked about altcoin trading most probably. In altcoin trading we can do day trading as well. So, we need not to wait for long. What I feel is both are quite comparable. But in trading person makes a guess after calculating many factors. So, it requires luck and skills whereas gambling is all about luck leaving some kind of gambling where skill do play small part.
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June 12, 2017, 12:22:16 PM
 #639

No. Of course, there is a risk in the trade, but this is a completely different direction in which, with the help of knowledge and analysis, one can constantly earn money.
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June 12, 2017, 06:43:00 PM
 #640

If the trader is knowledgeable enough regarding the current market movements and is capable of computing technical analysis, then its not gambling.
But at some point of time it becomes kind of gambling, as market becomes unpredictable and highly volatile.
But completely it can't be considered as any form of gambling.
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