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Author Topic: Can trading be considered as gambling??  (Read 21225 times)
knightmairesaint
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June 21, 2017, 04:30:28 PM
 #681

Yes bitcoin is like you bet your capital its either you profit or you bankrupt.In trading you also have to gamble your mind and heart.That if your going to succeed on your business or not.
But in trading if you failed its alright because theres another time that you can get your capital back.Once you earn profit it will last for a long term,it depends on how you manage the business

Trading is gambling your money in gaining or profit. Trading to be considered as gambling will really do depend on how people may see it. But trading should not be mistaken for gambling. Gambling can be a game where money is being used to play and gambling can also be a word to describe the act of taking risk in order to gain profit. One word but have different meanings depending on how you use it.

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June 21, 2017, 08:35:47 PM
 #682

Yes, if we only rely on luck to make profit in trading, trading will be considered as gambling but if we use our skills, we analyze and find information about a coin, that would be real trading, not gambling. Although both are risky but the purpose of trading and gambling is different, gambling is only used for entertainment purposes, I do not understand why many people think they can make money from gambling, it was a deadly thought. The purpose of trading is to make profit, we are using our money to make more money, it is not for entertainment, it is a real job


It is hard to even rely on luck. Not everyone is lucky and I fall for the category of unlucky guy. Im so unlucky that everytime I gamble I always lose. Even in trading, when I only rely on luck and hope that one day the coin will worth alot more then the coin could suddenly worth close to nothing at all
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June 22, 2017, 02:56:00 AM
 #683

I think that sometimes in trading you must take a gamble. I don't think the gamble is as bad though because you don't lose everything normally if you clever. Also you must not just "gamble" on one coin but on many so you can recover loses. You cannot always win and sometimes you must lose.
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June 22, 2017, 05:51:41 AM
 #684

Depends on how you are trading. If you are new to it and don't have much experience, and are trading on your gut, then it will be considered gambling. But trading in general isn't gambling. It requires a lot of analysis.


Yes I agree.
Experience is needed when you do trading, it takes a lot of it and knowledge and learnings. So when you're a beginner to this , you just trust your instinct or like " come what may" or "fingers crossed" it is  considerable gambling coz you're just taking your luck without proper thinking.
Therefore trading without skills is also gambling.

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June 22, 2017, 08:30:03 AM
 #685

I think that sometimes in trading you must take a gamble. I don't think the gamble is as bad though because you don't lose everything normally if you clever. Also you must not just "gamble" on one coin but on many so you can recover loses. You cannot always win and sometimes you must lose.

Trading is better than gambling if you want to make money but for fun still gambling is better. I think that people that want to make alot of profit should not be playing with gambling because we always lose our money. It is better to spend the money to trade because the chance to get money in return is better
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June 22, 2017, 12:14:10 PM
 #686

I think that sometimes in trading you must take a gamble. I don't think the gamble is as bad though because you don't lose everything normally if you clever. Also you must not just "gamble" on one coin but on many so you can recover loses. You cannot always win and sometimes you must lose.

i don't think that in trading we must take a gamble because as long as we can make a prediction for the coins, then its should not like a gambling. i think in trading, its not a lose but its only delay in profit because in next hours, the price will be increase so its time for us to get the profit.

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June 22, 2017, 12:42:43 PM
 #687

No, because in gambling you can rely only on luck, but in trading you can analyze and make a profit.

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June 22, 2017, 12:49:00 PM
 #688

No, because in gambling you can rely only on luck, but in trading you can analyze and make a profit.

I do agree.
Actually gambling is made for fun or trying luck. It is a good thing they added investments in their part for other people to have a choice and not just gamble everything they got.
Trading is somehow profitable with just some reading with how the developers makes some move for their coins and some good instinct of prediction could lead to more money.
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June 24, 2017, 10:19:32 AM
 #689

No, because in gambling you can rely only on luck, but in trading you can analyze and make a profit.

I do agree.
Actually gambling is made for fun or trying luck. It is a good thing they added investments in their part for other people to have a choice and not just gamble everything they got.
Trading is somehow profitable with just some reading with how the developers makes some move for their coins and some good instinct of prediction could lead to more money.

Though i agree with you in general, i think trading in someway is related to gambling. Not just the gamblimg type like that of dice or baccarat but something like sport betting. You still wouldn't know for sure what the results woould be with your trade so all you can do is to make the most of all things you can control to at least come up with a trade with decent profit. Its the same with betting, you analyze charts, stats, information that are available before you make your move

 
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June 24, 2017, 10:38:41 AM
 #690

I think that sometimes in trading you must take a gamble. I don't think the gamble is as bad though because you don't lose everything normally if you clever. Also you must not just "gamble" on one coin but on many so you can recover loses. You cannot always win and sometimes you must lose.

Trading is better than gambling if you want to make money but for fun still gambling is better. I think that people that want to make alot of profit should not be playing with gambling because we always lose our money. It is better to spend the money to trade because the chance to get money in return is better
All definitely have its place. When we want a profit then trading is the way and when we want to have fun then gambling is the most appropriate choice. Doing everything according to circumstances must be extraordinary. While doing actions that do not fit can make us lose.
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June 24, 2017, 10:51:46 AM
 #691

Yes trading is considered as gambling because nobody knows what would happen after you trade.so in short trading is like gambling..everything who trade is called a gambler maybe ..it is in differrent dituation but is is almost similar..in gambling you dont known how much you earn and loose vice-versa..same as trading we really dont know how much we earned or how much money we lost.
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June 24, 2017, 11:00:16 AM
 #692

Trade is a bit like gambling, but it is still more predictable than gambling. In trading, you can make a plan of action and get a stable profit.
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June 24, 2017, 11:08:29 AM
 #693

Trade is a bit like gambling, but it is still more predictable than gambling. In trading, you can make a plan of action and get a stable profit.

Yeah, also in trading we could save our lose and manage our lose but in gambling, if we suddenly get lose then we have no option to save our lose. Actually trading give us option to recover the lose but still we face the risk but the other hand in gambling we have risk and no option to recover the lose. Those reasons wise, people think that trading like gambling. 
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June 24, 2017, 11:15:52 AM
Last edit: June 24, 2017, 10:06:22 PM by Clavulanic
 #694

Yes trading is considered as gambling because nobody knows what would happen after you trade.so in short trading is like gambling..everything who trade is called a gambler maybe ..it is in differrent dituation but is is almost similar..in gambling you dont known how much you earn and loose vice-versa..same as trading we really dont know how much we earned or how much money we lost.

Don't generalize the situations of gambling and trading here, yes we all know trading is upredictable but it's unlike gambling specially the activities involved with it. In trading you can earn profit most of the time as long as you have enough skills and you exactly know where to move in your trading decisions in selling at the right time. Most of the time gamblig involvement has that kind of situation of having to loss in order to win for next rounds of game which is not right for my own idea.

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June 24, 2017, 12:05:08 PM
 #695

Yes trading is considered as gambling because nobody knows what would happen after you trade.so in short trading is like gambling..everything who trade is called a gambler maybe ..it is in differrent dituation but is is almost similar..in gambling you dont known how much you earn and loose vice-versa..same as trading we really dont know how much we earned or how much money we lost.

Don't generalize the situations of gambling and trading here, yes we all know trading is upredictable but it's unlike gambling specially the activities involved with it.

Agree with you pal. Well i think his point is that gambling and trading is sort of risky because both of them is you can loose a big money through it if you dont play well or trade well, also it is risky because of this unpredictable in trading and gambling is all about lucky. Though it is not.

In trading we all know that we need capital to buy some coins, in gambling we need also capital and both of it is risky but for me the gambling is more risky than trading because first you cant control it, you only rely on luck and strategy and in trading you are in control.

Trading is best if you have a big capital and it is less risky than gambling, in gambling you can earn a big money easily but tend to lose on it.
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July 05, 2017, 01:46:39 PM
 #696

Yes, anything in life in general, once you are taking risk, you are into gambling. Trading is like dealing with the odds. However, there are different system people are doing. Some are depending on probabilities especially in trading. They might be similar but focus on fewer trades and study the trend. Keep a discipline aligned in managing your money before taking risk.
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July 05, 2017, 02:10:44 PM
 #697

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.
Yes trading can really can be consider as gambling because as long you are taking any risk you are still gamble. But trading is not that bad like gambling because trading is more profitable than gambling. Gambling can be profitable if you are the dealer or the owner of the casino.
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July 05, 2017, 02:27:05 PM
 #698

Yes, anything in life in general, once you are taking risk, you are into gambling. Trading is like dealing with the odds. However, there are different system people are doing. Some are depending on probabilities especially in trading. They might be similar but focus on fewer trades and study the trend. Keep a discipline aligned in managing your money before taking risk.
i agree with you , completely agree that trading also has probability and odds.
the difference only about how the approach could be done.
while trading there's a lot of realiable sources to be trusted    and used but not with gambling, just it i guess.
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July 05, 2017, 02:51:52 PM
 #699

Yes trading can really be considered as gambling if you are not doing trading well and you don't have any idea on whats going on and you will surely made blind orders which wont you know if its going up or down and just placing random bets which you are only relying on luck which isn't good. Trading wont be like gamble if you have knowledge on it and you will surely make money on long term and that's the advantage.

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July 05, 2017, 03:24:06 PM
 #700

I don't think that gambling and trading are alike, gambling is totally dependent on luck and trading is dependent on the credibility of prediction. Gambling is totally uncertain about the results but trading have some positive assurance of getting benefited.. that's why I never do agree on this issue..
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