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Author Topic: Can trading be considered as gambling??  (Read 21225 times)
Cosbycoin
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August 07, 2017, 09:26:42 PM
 #801

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..
They are different but not completely. Anytime a gambling may become trading and trading is more vulnerable to become similar to gambling. A trader is betting on prices and a sports betting gambler is betting on a football player. If you go for deep consideration you may realize the exact similarities between these two.
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August 08, 2017, 01:55:53 AM
 #802

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..


Gambling is pure risk while Trading is part gambling, analysis and skills. On forex, I always see a reminder that trading invloves high risk but we're lucky there's a crypto exchange that trading a small amount of is allowed.
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August 08, 2017, 03:15:27 AM
 #803

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..


Gambling is pure risk while Trading is part gambling, analysis and skills. On forex, I always see a reminder that trading invloves high risk but we're lucky there's a crypto exchange that trading a small amount of is allowed.

It is the same for forex or crypto but people think that it is not the same. I dont really care about forex because we are crypto lover. Some day crypto is going to own forex but it will not be the same as gambling. Trading will remain as trading and gambling will remain as gambling that is why these are two different thing
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August 08, 2017, 03:35:11 AM
 #804

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..

You also forgot another important point about gambling. Gambling is meant for enjoying your free time but trading is not enjoying instead with proper knowledge and experience to make money from your trades. So both are meant for different purposes but people are using gambling to make a quick money and most of them ending up in losing their hard earned money in gambling. So if you to make money then go to trading only after learning basics and if you want fun then go to gambling.
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August 08, 2017, 03:55:48 AM
 #805

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..


Gambling is pure risk while Trading is part gambling, analysis and skills. On forex, I always see a reminder that trading invloves high risk but we're lucky there's a crypto exchange that trading a small amount of is allowed.

It is the same for forex or crypto but people think that it is not the same. I dont really care about forex because we are crypto lover. Some day crypto is going to own forex but it will not be the same as gambling. Trading will remain as trading and gambling will remain as gambling that is why these are two different thing
Forex and crypto trading are quite different. Forex involves centralised system and it has regulations which make it secure of various scams. But in crypto trading which is highly decentralised pumps and dumps are very common. Everyday numerous shit coins come and rob people off their money. They are only same on trading perspective.

In trading we make a bet on coin after analyzing market, reading the past performance and the project it is based upon which makes it a mixture of luck, strategy and analysis. While gambling is pure luck and is just an enjoying activity. But trading is a serious business.
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August 08, 2017, 06:44:59 AM
 #806

In trading we make a bet on coin after analyzing market, reading the past performance and the project it is based upon which makes it a mixture of luck, strategy and analysis. While gambling is pure luck and is just an enjoying activity. But trading is a serious business.

Trading is to make some money while gambling is to lose some money. Generally speaking, this is what both purposes are although in reality you can lose money in trading as well as get some money in gambling. No one know the future that is why choose the best possible thing to make money if you want to make money
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August 08, 2017, 08:54:23 AM
 #807

In trading we make a bet on coin after analyzing market, reading the past performance and the project it is based upon which makes it a mixture of luck, strategy and analysis. While gambling is pure luck and is just an enjoying activity. But trading is a serious business.

Trading is to make some money while gambling is to lose some money. Generally speaking, this is what both purposes are although in reality you can lose money in trading as well as get some money in gambling. No one know the future that is why choose the best possible thing to make money if you want to make money

You have time, and you don't need any urgent money and ready to invest then trading is a good choice. It will not give you instant profit, but you can make a good profit in a long time. Patience is very important you can not control tension means don't enter this field you will face many losses. And gambling is also not suitable. Becasue both will give you same tension.
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August 08, 2017, 10:25:05 AM
 #808

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..


Gambling is pure risk while Trading is part gambling, analysis and skills. On forex, I always see a reminder that trading invloves high risk but we're lucky there's a crypto exchange that trading a small amount of is allowed.

i don't agree if trading is part from gambling but maybe if you don't use analysis and you don't understand with trading, then its called gambling. beside that trading cryptocurrency and trading forex is not the same although maybe the chart is using the same chart but the movement on each pair is different. we can make big profit in cryptocurrency with less skill but if we practice this in forex, we can not make big profit in forex if we don't have skill and knowledge.

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August 08, 2017, 10:33:20 PM
 #809

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..


Gambling is pure risk while Trading is part gambling, analysis and skills. On forex, I always see a reminder that trading invloves high risk but we're lucky there's a crypto exchange that trading a small amount of is allowed.

i don't agree if trading is part from gambling but maybe if you don't use analysis and you don't understand with trading, then its called gambling. beside that trading cryptocurrency and trading forex is not the same although maybe the chart is using the same chart but the movement on each pair is different. we can make big profit in cryptocurrency with less skill but if we practice this in forex, we can not make big profit in forex if we don't have skill and knowledge.

Well it's our own personal impression if we consider trading as gambling,  but in a good sense of insight here gambling is not as profitable as trading. You are likely to lose your funds instantly with gambling,  and in trading it's not that similar to gambling itself because when you invest with the coin type you trade, holding your token is a long term waiting time and you really see the actual price movement that's why you sell at the right time if the price rises high.
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August 08, 2017, 10:47:16 PM
 #810

In trading we make a bet on coin after analyzing market, reading the past performance and the project it is based upon which makes it a mixture of luck, strategy and analysis. While gambling is pure luck and is just an enjoying activity. But trading is a serious business.

Trading is to make some money while gambling is to lose some money. Generally speaking, this is what both purposes are although in reality you can lose money in trading as well as get some money in gambling. No one know the future that is why choose the best possible thing to make money if you want to make money

You have time, and you don't need any urgent money and ready to invest then trading is a good choice. It will not give you instant profit, but you can make a good profit in a long time. Patience is very important you can not control tension means don't enter this field you will face many losses. And gambling is also not suitable. Becasue both will give you same tension.
The purpose of both actually is the same to make money but mostly yeaaa have a different result.
I agree with erwin that gambling won't profitable not like trading still profitable based on several researches.
You could consider trading as gambling under certain circumstances , but not always like that.
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August 09, 2017, 04:49:10 AM
 #811

In trading we make a bet on coin after analyzing market, reading the past performance and the project it is based upon which makes it a mixture of luck, strategy and analysis. While gambling is pure luck and is just an enjoying activity. But trading is a serious business.

Trading is to make some money while gambling is to lose some money. Generally speaking, this is what both purposes are although in reality you can lose money in trading as well as get some money in gambling. No one know the future that is why choose the best possible thing to make money if you want to make money

You have time, and you don't need any urgent money and ready to invest then trading is a good choice. It will not give you instant profit, but you can make a good profit in a long time. Patience is very important you can not control tension means don't enter this field you will face many losses. And gambling is also not suitable. Becasue both will give you same tension.

If someone needed the money that bad, then Trading is not the one for someone, because just like what you have said, Trading is all about patience, since the prices of the coins might take some time before it pumps, when that time comes, you could make the profits that you are expecting on it, but if you are not going to be patient about it, then you could only make small profits.
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August 09, 2017, 06:13:07 AM
 #812

In trading we make a bet on coin after analyzing market, reading the past performance and the project it is based upon which makes it a mixture of luck, strategy and analysis. While gambling is pure luck and is just an enjoying activity. But trading is a serious business.

Trading is to make some money while gambling is to lose some money. Generally speaking, this is what both purposes are although in reality you can lose money in trading as well as get some money in gambling. No one know the future that is why choose the best possible thing to make money if you want to make money

You have time, and you don't need any urgent money and ready to invest then trading is a good choice. It will not give you instant profit, but you can make a good profit in a long time. Patience is very important you can not control tension means don't enter this field you will face many losses. And gambling is also not suitable. Becasue both will give you same tension.

If someone needed the money that bad, then Trading is not the one for someone, because just like what you have said, Trading is all about patience, since the prices of the coins might take some time before it pumps, when that time comes, you could make the profits that you are expecting on it, but if you are not going to be patient about it, then you could only make small profits.
Trading does not give instant money like gambling can, in gambling you can start even with a small
amount of money and that what attracts gamblers because most of them has a big dream to be rich while using
only a little amount to gamble.

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August 09, 2017, 01:17:29 PM
 #813

In trading we make a bet on coin after analyzing market, reading the past performance and the project it is based upon which makes it a mixture of luck, strategy and analysis. While gambling is pure luck and is just an enjoying activity. But trading is a serious business.

Trading is to make some money while gambling is to lose some money. Generally speaking, this is what both purposes are although in reality you can lose money in trading as well as get some money in gambling. No one know the future that is why choose the best possible thing to make money if you want to make money

You have time, and you don't need any urgent money and ready to invest then trading is a good choice. It will not give you instant profit, but you can make a good profit in a long time. Patience is very important you can not control tension means don't enter this field you will face many losses. And gambling is also not suitable. Becasue both will give you same tension.

If someone needed the money that bad, then Trading is not the one for someone, because just like what you have said, Trading is all about patience, since the prices of the coins might take some time before it pumps, when that time comes, you could make the profits that you are expecting on it, but if you are not going to be patient about it, then you could only make small profits.
Trading does not give instant money like gambling can, in gambling you can start even with a small
amount of money and that what attracts gamblers because most of them has a big dream to be rich while using
only a little amount to gamble.
And if being too lucky that dream can come true, trading needs to put some skills and time ,while in gambling when we have a extra money and were feeling lucky then we can play it on anytime to enjoy time or to kill some time. It may considered only same in risk on not havinv assurance to earn or to lose some.
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August 09, 2017, 02:42:08 PM
 #814

In trading we make a bet on coin after analyzing market, reading the past performance and the project it is based upon which makes it a mixture of luck, strategy and analysis. While gambling is pure luck and is just an enjoying activity. But trading is a serious business.

Trading is to make some money while gambling is to lose some money. Generally speaking, this is what both purposes are although in reality you can lose money in trading as well as get some money in gambling. No one know the future that is why choose the best possible thing to make money if you want to make money

You have time, and you don't need any urgent money and ready to invest then trading is a good choice. It will not give you instant profit, but you can make a good profit in a long time. Patience is very important you can not control tension means don't enter this field you will face many losses. And gambling is also not suitable. Becasue both will give you same tension.

If someone needed the money that bad, then Trading is not the one for someone, because just like what you have said, Trading is all about patience, since the prices of the coins might take some time before it pumps, when that time comes, you could make the profits that you are expecting on it, but if you are not going to be patient about it, then you could only make small profits.
Trading does not give instant money like gambling can, in gambling you can start even with a small
amount of money and that what attracts gamblers because most of them has a big dream to be rich while using
only a little amount to gamble.
And if being too lucky that dream can come true, trading needs to put some skills and time ,while in gambling when we have a extra money and were feeling lucky then we can play it on anytime to enjoy time or to kill some time. It may considered only same in risk on not havinv assurance to earn or to lose some.

Being lucky can help you on gambling but luck is not enough "reason" to  be considered as good trader.If trader doesnt have skill and strategy whole process will be a bit difficult and undesired. At the end the trading experience will result to lost all invested funds.. That's why you should have special money management options on different subjects.

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August 09, 2017, 04:43:30 PM
 #815

In trading we make a bet on coin after analyzing market, reading the past performance and the project it is based upon which makes it a mixture of luck, strategy and analysis. While gambling is pure luck and is just an enjoying activity. But trading is a serious business.

Trading is to make some money while gambling is to lose some money. Generally speaking, this is what both purposes are although in reality you can lose money in trading as well as get some money in gambling. No one know the future that is why choose the best possible thing to make money if you want to make money

You have time, and you don't need any urgent money and ready to invest then trading is a good choice. It will not give you instant profit, but you can make a good profit in a long time. Patience is very important you can not control tension means don't enter this field you will face many losses. And gambling is also not suitable. Becasue both will give you same tension.

If someone needed the money that bad, then Trading is not the one for someone, because just like what you have said, Trading is all about patience, since the prices of the coins might take some time before it pumps, when that time comes, you could make the profits that you are expecting on it, but if you are not going to be patient about it, then you could only make small profits.
Trading does not give instant money like gambling can, in gambling you can start even with a small
amount of money and that what attracts gamblers because most of them has a big dream to be rich while using
only a little amount to gamble.
And if being too lucky that dream can come true, trading needs to put some skills and time ,while in gambling when we have a extra money and were feeling lucky then we can play it on anytime to enjoy time or to kill some time. It may considered only same in risk on not havinv assurance to earn or to lose some.

Being lucky can help you on gambling but luck is not enough "reason" to  be considered as good trader.If trader doesnt have skill and strategy whole process will be a bit difficult and undesired. At the end the trading experience will result to lost all invested funds.. That's why you should have special money management options on different subjects.
Talking about on the money management options they do really differ since they are also on different fields too.Trading can really be considered as gambling if we don't really know on what we are doing and knowing trading it is not just a simple buy low sell high you would really need crucial thinking on this to make profitable trades. Gambling is just an another story since its mostly dependent on luck.

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August 10, 2017, 10:43:37 AM
 #816

In trading we make a bet on coin after analyzing market, reading the past performance and the project it is based upon which makes it a mixture of luck, strategy and analysis. While gambling is pure luck and is just an enjoying activity. But trading is a serious business.

Trading is to make some money while gambling is to lose some money. Generally speaking, this is what both purposes are although in reality you can lose money in trading as well as get some money in gambling. No one know the future that is why choose the best possible thing to make money if you want to make money

You have time, and you don't need any urgent money and ready to invest then trading is a good choice. It will not give you instant profit, but you can make a good profit in a long time. Patience is very important you can not control tension means don't enter this field you will face many losses. And gambling is also not suitable. Becasue both will give you same tension.

If someone needed the money that bad, then Trading is not the one for someone, because just like what you have said, Trading is all about patience, since the prices of the coins might take some time before it pumps, when that time comes, you could make the profits that you are expecting on it, but if you are not going to be patient about it, then you could only make small profits.
Trading does not give instant money like gambling can, in gambling you can start even with a small
amount of money and that what attracts gamblers because most of them has a big dream to be rich while using
only a little amount to gamble.
And if being too lucky that dream can come true, trading needs to put some skills and time ,while in gambling when we have a extra money and were feeling lucky then we can play it on anytime to enjoy time or to kill some time. It may considered only same in risk on not havinv assurance to earn or to lose some.

Being lucky can help you on gambling but luck is not enough "reason" to  be considered as good trader.If trader doesnt have skill and strategy whole process will be a bit difficult and undesired. At the end the trading experience will result to lost all invested funds.. That's why you should have special money management options on different subjects.
Talking about on the money management options they do really differ since they are also on different fields too.Trading can really be considered as gambling if we don't really know on what we are doing and knowing trading it is not just a simple buy low sell high you would really need crucial thinking on this to make profitable trades. Gambling is just an another story since its mostly dependent on luck.

Well now i don't think we can come up with a definitive answer because the difference would depend on how a person perceive these two. You're all right that trading comes comes similar to gambling if you don't know what you're doing. The risks get considerably lower if you're experienced already and that's where the difference would show

 
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joromz1226
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August 24, 2017, 05:59:49 PM
 #817

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.
Trading was differ from gambling, they cannot be the same as well. Because trading can be considered as assets and investment type while gambling is not a kind of assets neither a king of business too. But they are both have risk involved Smiley
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September 28, 2017, 07:24:43 PM
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Well, trading and doing business is already a kind of gambling. Because you gamble your assets and wealth to gain profit without the certainty if your business will be a hit or not. There's something that I suddenly remember about a business man. Those words are “a good businessman are also a good
gambler” but to the sense that they are only good in betting in business and not in a game. But still they bet means they are still gamblers.
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September 29, 2017, 04:11:38 AM
 #819

Well, trading and doing business is already a kind of gambling. Because you gamble your assets and wealth to gain profit without the certainty if your business will be a hit or not. There's something that I suddenly remember about a business man. Those words are “a good businessman are also a good
gambler” but to the sense that they are only good in betting in business and not in a game. But still they bet means they are still gamblers.
Risking our hard earned money in any investment or activities seems like a gambling already,  trading it without knowledge whether that coin still  have ability to rise is a risk already and can be considered as gambling.  
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September 29, 2017, 05:38:42 AM
 #820

If you trade without analysis then your are like gambling hoping for lucky winnings and seek good profitable wins. Actually you can't consider trading as gambling because in gambling you usually lose but in trading profit is always higher and possibility is there always.
yes that is true in fact it varies from person to person. if a person do not have any experience and skill in trading and he do not use analysis, then surely we can consider trading as gambling. because in gambling we do not need for any experience and skill. most of the the we do not require any analysis in gambling therefore in such cases we can consider trading as gambling.

I can consider trading as a gambling because the outcome is still unknown, tho we can be guided by news and historical data, it is still not enough to support a certainty of the outcome.
Even with analysis, this will be quite hard, there are billions of people and every people has their own decision in trading. I'm in trading for almost a year and using some mathematical, and economical basis but still I can say that I just got lucky. WE are lucky because this is the phase of the development age og crypto. If this is well developed enough and market is stable, it would be hard to trade with great return.

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