bitbob82
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July 26, 2017, 09:18:17 AM |
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I think gambling and trading are two different activities. Gambling is the activity of drawing fate like picking dice, picking numbers and then hoping that numbers will appear, the decision is complete when the dice is thrown, the end result we never know and can not control it. While trading is a decision making activity involving many aspects ranging from market research and analysis, financial management and risk management to psychology management to recognizing market psychology as well as the ability to control ones own emotions.
They are really different since they do have different kind of way on making money. Trading does need knowledge and skills and gambling do really need luck in able to make money and the time you are considering trading as a gambling is that you do make trades without any proper knowledge because you are just like throwing up your money into the oblivion. Yes, when you do the trade without having proper knowledge about trading then we can consider trading is like gambling. But no body will try trading without having basic knowledge. It needs a lot of patience and skills to make money. Gambling is just a game, and without skills also we can play and make money if we just have luck with us. people keep telling the similar point here about trading and gambling . both are different . mostly says that gambling trading aren't profitable in the long run , but trading have a better chance , they said .... and i think the same too that trading profitable for few people / groups only . while gambling are completely aren't profitable you shouldn't ever try if you can't be responsible . but to me i will like to add that both are profitable depending on your luck. i think both in trading and in gambling we depend on our luck, if we are lucky then we will make money in both gambling and trading. i think experience and skill also helpful in both trading and gambling.
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erwin45hacked
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July 26, 2017, 09:31:17 AM |
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but to me i will like to add that both are profitable depending on your luck. i think both in trading and in gambling we depend on our luck, if we are lucky then we will make money in both gambling and trading. i think experience and skill also helpful in both trading and gambling.
both are profitable but in gambling case, you need tough luck to win. Sometimes you dont even need to have luck in trading but just some thorough explanation about the thing you are trading with. With that information you can most certainly guess where the direction of the price would be and much better than gambling
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jasonjm
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July 26, 2017, 10:05:15 AM |
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I think gambling and trading are two different activities. Gambling is the activity of drawing fate like picking dice, picking numbers and then hoping that numbers will appear, the decision is complete when the dice is thrown, the end result we never know and can not control it. While trading is a decision making activity involving many aspects ranging from market research and analysis, financial management and risk management to psychology management to recognizing market psychology as well as the ability to control ones own emotions.
They are really different since they do have different kind of way on making money. Trading does need knowledge and skills and gambling do really need luck in able to make money and the time you are considering trading as a gambling is that you do make trades without any proper knowledge because you are just like throwing up your money into the oblivion. Yes, when you do the trade without having proper knowledge about trading then we can consider trading is like gambling. But no body will try trading without having basic knowledge. It needs a lot of patience and skills to make money. Gambling is just a game, and without skills also we can play and make money if we just have luck with us. people keep telling the similar point here about trading and gambling . both are different . mostly says that gambling trading aren't profitable in the long run , but trading have a better chance , they said .... and i think the same too that trading profitable for few people / groups only . while gambling are completely aren't profitable you shouldn't ever try if you can't be responsible . but to me i will like to add that both are profitable depending on your luck. i think both in trading and in gambling we depend on our luck, if we are lucky then we will make money in both gambling and trading. i think experience and skill also helpful in both trading and gambling. Yes obviously luck matter as far as gambling is concerned but when we talk about trading knowledge and experience also matter because if you do not have enough experience and do not know the market trend then the risk of losing money increases. For me trading is a bit safer than gambling because the chances to lose money are less.
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Anyobsss
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July 26, 2017, 03:37:52 PM Last edit: July 29, 2017, 07:07:01 AM by Anyobsss |
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I think gambling and trading are two different activities. Gambling is the activity of drawing fate like picking dice, picking numbers and then hoping that numbers will appear, the decision is complete when the dice is thrown, the end result we never know and can not control it. While trading is a decision making activity involving many aspects ranging from market research and analysis, financial management and risk management to psychology management to recognizing market psychology as well as the ability to control ones own emotions.
They are really different since they do have different kind of way on making money. Trading does need knowledge and skills and gambling do really need luck in able to make money and the time you are considering trading as a gambling is that you do make trades without any proper knowledge because you are just like throwing up your money into the oblivion. Yes, when you do the trade without having proper knowledge about trading then we can consider trading is like gambling. But no body will try trading without having basic knowledge. It needs a lot of patience and skills to make money. Gambling is just a game, and without skills also we can play and make money if we just have luck with us. people keep telling the similar point here about trading and gambling . both are different . mostly says that gambling trading aren't profitable in the long run , but trading have a better chance , they said .... and i think the same too that trading profitable for few people / groups only . while gambling are completely aren't profitable you shouldn't ever try if you can't be responsible . but to me i will like to add that both are profitable depending on your luck. i think both in trading and in gambling we depend on our luck, if we are lucky then we will make money in both gambling and trading. i think experience and skill also helpful in both trading and gambling. Yes obviously luck matter as far as gambling is concerned but when we talk about trading knowledge and experience also matter because if you do not have enough experience and do not know the market trend then the risk of losing money increases. For me trading is a bit safer than gambling because the chances to lose money are less. Maybe people keep comparing those two because they have similarity even though they are really different way of making money. In trading even though you have the knowledge about the history and the coin,itself,you can never forecast or predict the future movement of it which is similar to gambling where you don't need any knowledge or skill because it all depends on your luck. Both trading and gambling depends on fate, it's all either you win or lose.
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serjent05
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July 26, 2017, 05:11:21 PM |
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Maybe people keep comparing those two because they have similarity even though they are really different way of making money. In trading even though you have the knowledge about the history and the coin,itself,you can never forecast or predict the future movement of it which is similar to gambling where you don't need any knowledge or skill because it all depends on your luck. Both trading and gambling depends on fate, it's all about whether you win or lose money.
These two are two different stuff, and they maybe have similarity but their difference stands out. Trading risk can be minimized. If a person know how to mitigate risk, he can always get ways to nullify risk in trading while in gambling, there is no way to mitigate the risk of losing your entire money once you bet on a certain team. Aside from that gambling is typically determine by inside setup especially dice and other luck based games.
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Tenderino
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July 26, 2017, 05:54:45 PM |
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Gambling is where you bet valuable things and the outcome of winning or losing mostly rely on luck.
Hence, if you are a skilled trader then your activity can't be considered as gambling, but if you are an unexperienced or bad trader then your activity can be considered as gambling.
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marcuslong
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July 26, 2017, 11:40:43 PM |
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Well there are kind of risk that we can minimize our looses not all we risk are going to succeed there are some of struggle that me might face but in the end if we really work hard then we can reach what really dreamed for. I may considered trading as gambling because we are risking money and involving our money we risk it to earn but in guaranteed way not like in gambling we can't assured the winning there.
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EdenHazard
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July 27, 2017, 01:47:44 AM |
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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. trading requires a lot of knowledge and skills also a perseverance , it is a reasonable business compared to gambling where everything are about 50/50 chance and nothing you can do to change the outcome , the money game there are so unfair mostly what people claimed. gambling far worse than trading in term of profit probability .
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laluna24
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July 27, 2017, 04:35:03 AM Last edit: July 27, 2017, 04:46:41 AM by laluna24 |
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Gambling is where you bet valuable things and the outcome of winning or losing mostly rely on luck.
Hence, if you are a skilled trader then your activity can't be considered as gambling, but if you are an unexperienced or bad trader then your activity can be considered as gambling.
In trading if you are not skilled yet and new into it can be considered as gambling. Actually it takes also a risks on how we can manage our trades and how we can get profit. However, in gambling it requires luck and in trading must do with analyzation but in correlation it has a risks.
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kidoseagle0312
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July 27, 2017, 06:47:22 AM |
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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.
Well of course, doing gamble has a big different into trading. But for me, Trading is not like a gambling were your doing trade for fun and entertainment is not like that of course. Instead, Trading is an assets that can be considered and business too. Though, there is risk involved.
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Ziskinberg
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July 27, 2017, 07:07:23 AM |
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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.
Well of course, doing gamble has a big different into trading. But for me, Trading is not like a gambling were your doing trade for fun and entertainment is not like that of course. Instead, Trading is an assets that can be considered and business too. Though, there is risk involved. Correct, gambling is purely for fun if you do not have the skills to be consistent and trading should be the one that we have to spend our time with. Both can bring good contribution in our life if we will gonna use it properly, they are both risky as it requires money to start gambling or trading but to a responsible person and be able to understand its purpose it will bring positive results in to their lives.
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GregH37
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July 27, 2017, 03:37:31 PM |
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i will considering trading as long term investment and trading is not gambling because even if the price is getting down, i am sure the price will be back normal and if the time is come, the price will increase more high and will jump into moon. its happen too many times since i started trading in 2015 and i see all coins have this experience and i have few coins that i bought since 2016 and i am not selling until now.
It is absolutely right that trading is an investment while gambling is a bet. In gambling if you have a bet on something and your luck is not with you so you will lose 100% but in trading especially in bitcoin the price is unexpectedly down and the next day it once again get rising. That’s way we cannot consider trading as gambling. Trading is more safe than gambling.
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serjent05
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July 27, 2017, 04:50:54 PM |
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i will considering trading as long term investment and trading is not gambling because even if the price is getting down, i am sure the price will be back normal and if the time is come, the price will increase more high and will jump into moon. its happen too many times since i started trading in 2015 and i see all coins have this experience and i have few coins that i bought since 2016 and i am not selling until now.
It is absolutely right that trading is an investment while gambling is a bet. In gambling if you have a bet on something and your luck is not with you so you will lose 100% but in trading especially in bitcoin the price is unexpectedly down and the next day it once again get rising. That’s way we cannot consider trading as gambling. Trading is more safe than gambling. There is one kind of trading that is considered as gambling. That is trading blindly. Meaning we do not know about the stocks and yet we bought them. Aside from that, we started trading without knowing the basic market and the current tread of the platform. If we failed to know the basic of trading then i t can be considered as gambling.
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nowlscor18
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August 03, 2017, 01:44:01 AM |
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I think gambling and trading are two different activities. Gambling is the activity of drawing fate like picking dice, picking numbers and then hoping that numbers will appear, the decision is complete when the dice is thrown, the end result we never know and can not control it. While trading is a decision making activity involving many aspects ranging from market research and analysis, financial management and risk management to psychology management to recognizing market psychology as well as the ability to control ones own emotions.
They are really different since they do have different kind of way on making money. Trading does need knowledge and skills and gambling do really need luck in able to make money and the time you are considering trading as a gambling is that you do make trades without any proper knowledge because you are just like throwing up your money into the oblivion. Yes, when you do the trade without having proper knowledge about trading then we can consider trading is like gambling. But no body will try trading without having basic knowledge. It needs a lot of patience and skills to make money. Gambling is just a game, and without skills also we can play and make money if we just have luck with us. people keep telling the similar point here about trading and gambling . both are different . mostly says that gambling trading aren't profitable in the long run , but trading have a better chance , they said .... and i think the same too that trading profitable for few people / groups only . while gambling are completely aren't profitable you shouldn't ever try if you can't be responsible . I agree, gambling is only a matter of luck while trading on the other hand requires knowledge. You can only lose in gambling because nobody earns in gambling but in trading if youwill work hard there is much possibility to succeed.
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Cazkys
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August 07, 2017, 12:52:01 PM |
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It can be especially if you enter into trading without any prior knowledge about it. It does not automatically mean that we are gambling if we enter into trading, I think it becomes gambling depending on our attitudes. The end game is to get money, this is true, but we have to be smart about it. If we hold onto a stock, which is already going to hell, with the hopes that it will eventually rise back into its value- THAT IS GAMBLING. However, if we accept that that stock is shot to hell and then move on-THAT IS TRADING. As I said, it’s all about the attitude. Trading should be systematic, not emotional. It should be scientific and requires fast thinking and smart decisions. It is strategic and brutal. And most importantly, it is accepting defeat and cutting our losses to minimize the damage and then moving on.
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KingdomHearts
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August 07, 2017, 01:07:43 PM |
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i will considering trading as long term investment and trading is not gambling because even if the price is getting down, i am sure the price will be back normal and if the time is come, the price will increase more high and will jump into moon. its happen too many times since i started trading in 2015 and i see all coins have this experience and i have few coins that i bought since 2016 and i am not selling until now.
It is absolutely right that trading is an investment while gambling is a bet. In gambling if you have a bet on something and your luck is not with you so you will lose 100% but in trading especially in bitcoin the price is unexpectedly down and the next day it once again get rising. That’s way we cannot consider trading as gambling. Trading is more safe than gambling. There is one kind of trading that is considered as gambling. That is trading blindly. Meaning we do not know about the stocks and yet we bought them. Aside from that, we started trading without knowing the basic market and the current tread of the platform. If we failed to know the basic of trading then i t can be considered as gambling. Trading blindly is nothing but throwing out our money, this is what we are doing with gambling all the times. So, definitely I will agree with you that trading with no proper plan is must be similar to gambling. Other than this, in no other ways a trading can be similar to gambling. Trading is much better than gambling for profit making unlike gambling.
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AmiranAbdul
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August 07, 2017, 01:13:05 PM |
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Trade can be a gamble if you try to play it, and not analyze and monitor the market, but only profits in this case should not be expected, because it will be a lottery.
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LieTOme
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August 07, 2017, 01:14:10 PM |
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Trading can not be equated with gambling. Many things from gambling and trading are very different. Trading requires very high speculation and observation
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eann014
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August 07, 2017, 02:26:33 PM |
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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.
I agree they are different they cannot be considered the same, gambling is only base on luck which we don't know when we will make profit from it, unlike trading we can use our knowledge and analization we can make a good profit from it..
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Caladonian
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August 07, 2017, 03:15:18 PM |
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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.
I agree they are different they cannot be considered the same, gambling is only base on luck which we don't know when we will make profit from it, unlike trading we can use our knowledge and analization we can make a good profit from it.. That's the point with trading chances of maximizing profits and minimizing loses are possible just needed to have some good insight with regarding to the trade that you will going to support earnings can be much bigger than we expect just need to invrest time and effort to learn.
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