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Author Topic: Can trading be considered as gambling??  (Read 21228 times)
Caladonian
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July 22, 2017, 06:58:50 AM
 #741

I think that trade is not like gambling, because with the acquisition of experience and knowledge it is possible to consistently receive a good income unlike gambling which is based only on luck.
For me too. Gambling is never the same as trading unless trader do not know how to trade. Without skills and techniques, trading can be considered as gambling. However, if you have obtained a good knowledge about this field, trading will become the profitable activity and according to what I have experienced, most of trading experts know how to make money with trading
proccess , yes in trading there is a lot of process you should go for .

and mostly people who trading for the first time just want an instant profit without huge sacrifice and efforts in it. and gambling give them something that they want, no wonder in the end people do trade with gambling style.
correct those newcomers thinks that trading is just like a gamble for a day if the value increase they sell it right away and thinks that they already earn not
taking some time to think what influence the moves because if you know how crypto works big gain can be achieve even x100 happen in some crypto just
know the possibilities.
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July 22, 2017, 07:59:33 AM
 #742

I think that trade is not like gambling, because with the acquisition of experience and knowledge it is possible to consistently receive a good income unlike gambling which is based only on luck.

Trading is like gambling because you are will take the risk of your bitcoins into alt coins. And like in gambling you'll gamble your bitcoins into a game and you don't have an idea if you will win by that time.
That is when you gamble to choose which altcoin will have good prospects. But when you have chosen then your task in trading is to do analysis and read the price movement coin you want, so experience and intelligence can make us benefit from trading. While gambling can not be like this, gambling is entirely based on a fortune.
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July 22, 2017, 08:58:56 AM
 #743

Trading is like gambling, but I think there are fewer risks. You can analyze events, monitor the market and receive a stable profit. In gambling, only in certain areas can you apply analysis.

lovesybitz
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July 22, 2017, 09:24:47 AM
 #744

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..
Exactly, Trading is not the same as gambling because it is considered as assets and business. While gambling is just focus on fun and entertainment only also always depend on luck like what you had mentioned in the above.
Mike Mayor
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July 22, 2017, 12:49:09 PM
 #745

There only two possible outcomes like gambling but I think that is where similarities stop. I think the only time where trading can be considered as gambling is if you doing very high risk trading and quite lytrally "taking a gamble" at a certain trade. It's ok to do but like with gambling set a limit. Don't add all your money in one trade.

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July 22, 2017, 12:56:23 PM
 #746

There only two possible outcomes like gambling but I think that is where similarities stop. I think the only time where trading can be considered as gambling is if you doing very high risk trading and quite lytrally "taking a gamble" at a certain trade. It's ok to do but like with gambling set a limit. Don't add all your money in one trade.
As long as there is a risk, there is a gamble involved with it and associated with it not just from entertainment games and the industry is possible because of players playing all the time. For trading, it would be somehow applicable knowing that you are risking your money. Like you said, it has similarities.

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SportsbookBettor
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July 22, 2017, 02:58:37 PM
 #747

They are similar to each other if we are talking about risk because we involved money in both. Gambling is riskier especially if we don't know what we are doing. Gambling will make us rich in just a matter of hours but it will be another reason to go bankrupt. We only need luck in gambling while in trading we analyze the trend of coin we are trading but trading also have risk but it's much safer than gambling.

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July 22, 2017, 03:17:57 PM
 #748

They are similar to each other if we are talking about risk because we involved money in both. Gambling is riskier especially if we don't know what we are doing. Gambling will make us rich in just a matter of hours but it will be another reason to go bankrupt. We only need luck in gambling while in trading we analyze the trend of coin we are trading but trading also have risk but it's much safer than gambling.

Trading is more dignified because it uses active analysis, there are several options to try luck in trading like "binary/trading options" but it still doesn't eliminate the popularity of regular trading. If you have enough experience, trading can use fundamental techniques so that our greedy nature will not appear instantly, this condition is much different from gambling.
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July 22, 2017, 03:41:55 PM
 #749

Trading is like gambling, but I think there are fewer risks. You can analyze events, monitor the market and receive a stable profit. In gambling, only in certain areas can you apply analysis.

The way that people do their trading around here yes it is a gamble, LOL. Doing trading without apply your mind is for sure like a gambling.  Wink

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July 22, 2017, 06:43:56 PM
 #750

Trading is like gambling, but I think there are fewer risks. You can analyze events, monitor the market and receive a stable profit. In gambling, only in certain areas can you apply analysis.

The way that people do their trading around here yes it is a gamble, LOL. Doing trading without apply your mind is for sure like a gambling.  Wink

It is the same if we dont do any research at all but I think that sometimes trading is alot more easier. Sometimes we know the coin is going to drop and we could sell it faster so that we dont lose every money that we put in but gambling is different because we can lose everything if we lose so trading is better to make money
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July 22, 2017, 07:25:45 PM
 #751

Trading is like gambling, but I think there are fewer risks. You can analyze events, monitor the market and receive a stable profit. In gambling, only in certain areas can you apply analysis.

The way that people do their trading around here yes it is a gamble, LOL. Doing trading without apply your mind is for sure like a gambling.  Wink

It is the same if we dont do any research at all but I think that sometimes trading is alot more easier. Sometimes we know the coin is going to drop and we could sell it faster so that we dont lose every money that we put in but gambling is different because we can lose everything if we lose so trading is better to make money

I think ther are significant differences between gambling and trading. For one thing, if you bet $100 on dice and lose, you have just lost the whole $100. However, if you buy $100 worth of Bitcoins and then it drops 10% in value, you still have $90, so you probably won't lose the whole investment.

Also, you can do research on Bitcoin or other cryptocurrencies and you can follow the charts and trends to make an informed decision on what and when to buy. But with a game of chance like dice, you can't do any research that will help your odds.
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July 22, 2017, 07:29:05 PM
 #752

Trading is like gambling, but I think there are fewer risks. You can analyze events, monitor the market and receive a stable profit. In gambling, only in certain areas can you apply analysis.

The way that people do their trading around here yes it is a gamble, LOL. Doing trading without apply your mind is for sure like a gambling.  Wink

You said it right, in the way that people trade around here its a pure gamble. Some of them are making profit, but just some of them. Its better to play slots and hope for luck to hit some jackpot, then to trade without knowledge about trading, that is a way to bottom without chances for win, because with every trade you are just going down.
For me trading is harder then gambling, there is much more things that you need to follow, more attention. Trading can really be considered as a job, sometimes you need to spend time and watch prices and to be able to act immediately if its necessary. I have some of my strategies that I like to follow when i trade, and I think everyone needs to develop that with time and practice.

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July 22, 2017, 11:42:04 PM
 #753

yes trading is considered as gambling because you're risking your own money to let profit comes to you but trading is much more safer than gambling in trading you can assured your winning there once you already bough a coins and wait for it to be increase and then sell.
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July 23, 2017, 12:34:09 AM
 #754

yes trading is considered as gambling because you're risking your own money to let profit comes to you but trading is much more safer than gambling in trading you can assured your winning there once you already bough a coins and wait for it to be increase and then sell.

Not all investments are gambling. All investments will have some risks, but that doesn't mean all of them are like gambling. In trading, if you invest money in a good product then mostly you will make a good profit over the time. But some people use trading to make quick money from day trading that can be compared to gambling because no one can predict the prices on a daily basis very accurately and results depend on only luck. 
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July 23, 2017, 01:34:43 AM
 #755

yes trading is considered as gambling because you're risking your own money to let profit comes to you but trading is much more safer than gambling in trading you can assured your winning there once you already bough a coins and wait for it to be increase and then sell.

Not all investments are gambling. All investments will have some risks, but that doesn't mean all of them are like gambling. In trading, if you invest money in a good product then mostly you will make a good profit over the time. But some people use trading to make quick money from day trading that can be compared to gambling because no one can predict the prices on a daily basis very accurately and results depend on only luck. 
We have to understand that investing involve risks and if we accept the risk we are gambling because we never know if
we will succeed or not. There is a bigger chance of success if we invest on investment that we can use our skills and passion.
Like having a real business in real life where we manage it is the best way to grow but that requires capital so first we have to go through a high risk in investment.

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July 23, 2017, 02:02:53 AM
 #756

In trading there will be people who lose and there will be people who profit. Maybe if the layman sees it, it will look like a gambling game. However, if you're pro in seeing trading, it's definitely different. Well, playing trading is like selling something in the real world.
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July 23, 2017, 03:11:30 AM
 #757

In trading there will be people who lose and there will be people who profit. Maybe if the layman sees it, it will look like a gambling game. However, if you're pro in seeing trading, it's definitely different. Well, playing trading is like selling something in the real world.
Yeah but it's good if we belong to the winning side, sometimes I win and sometimes I lose and that is normal when you are a real trader because you cannot expect that you will win all the time. The risk of losing is always there, hence you need to learn how to manage it and focus on your long term goal, honestly trading helps me increase my portfolio because I fully understand that this market is a waiting game, you don't sell at a loss then you will succeed.

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July 23, 2017, 03:33:04 AM
 #758

Yes, if a person does not know what he do in trading it will be same as gambling .Trading come from different values and you need to know more about it than you think .Many people think it was the same just because of its risk and they find it easier to gamble than making a trade because of the time you need to wait in trading which is too far not exist in gambling.

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July 23, 2017, 03:40:02 AM
 #759

Gambling can not be equated with trading. Because the trading requires analysis and the situation etc. While the 99% gambling is purely set by the system. While 1% is just luck only
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July 23, 2017, 05:44:02 AM
 #760

Yes, if a person does not know what he do in trading it will be same as gambling .Trading come from different values and you need to know more about it than you think .Many people think it was the same just because of its risk and they find it easier to gamble than making a trade because of the time you need to wait in trading which is too far not exist in gambling.

I agree with you, literally trading is not gambling, but based on how some people do trading, some of them are relying on their lucky chances to gain profit which is how gambling works. Just like in gambling, money that might be a huge amount is at stake too and there is a possibility that a trader won't succeed especially if he did not planned well where he is going to invest.

There are newbie traders who first tried trading and they end up investing on scam sites. I guess the problem there was the little knowledge and understanding that they have in trading.

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