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Author Topic: Can trading be considered as gambling??  (Read 21225 times)
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October 15, 2017, 11:48:58 AM
 #861

I also feel that trading is almost similar to gambling. because when we are trading we are also hoping to earn profit by way of betting. for example when we buy it cheap, we expect the market to go up and we sell it, whereas when we sell it when the market price drops from our purchase price, we will lose. almost the same as gambling. it just my opinion, what do you think about it?

Some people really think trading is also gambling well we have to admit that some part of the trading is gambling but for me it really depends on your goal and the mindset you have, in trading you really have to analyze the market so you can make good money in gambling my thought is you only depends on chances and the probabilty of winning is not that so high.
If considering trading as gambling just due to the risk factor they both have in common then I think our whole life is gambling. We cannot avoid risk forever. Whenever we have to make a choice, there is always some risk involved in it. In my opinion, gambling and trading both are poles apart as one is profession and other is just a silly game that people play in their free time.

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October 15, 2017, 12:05:30 PM
 #862

I also feel that trading is almost similar to gambling. because when we are trading we are also hoping to earn profit by way of betting. for example when we buy it cheap, we expect the market to go up and we sell it, whereas when we sell it when the market price drops from our purchase price, we will lose. almost the same as gambling. it just my opinion, what do you think about it?

Some people really think trading is also gambling well we have to admit that some part of the trading is gambling but for me it really depends on your goal and the mindset you have, in trading you really have to analyze the market so you can make good money in gambling my thought is you only depends on chances and the probabilty of winning is not that so high.
Yes, gambling and trading have some similarities but we can not consider trading as gambling because in gambling, we rely solely on luck, analytical skills and experience not used too much, in trading, we rely on analytical skills and experience, luck is only a part. In addition, in gambling only win and lose, when we make the final decision, we will not be able to stop but in trading we can lose but then can still win by holding and wait, and we can stop whenever we want, trading requires analysis and calculation, if we only rely on luck, we will fail quickly
there's a lot of similarities and yeah doesn't mean it's same , people just didn't fully understand about how making money through trading far more reliable than gambling. where the proccess between both are so different. gambling with less effort and trading full of efforts. you need to have a lot of knowledge to trade properly but gambling nothing needed just luck.

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October 15, 2017, 03:48:51 PM
 #863

if the gamble gets the money does not work hard, he just looking for self gain and if the trade we get the money with extraordinary sacrifices and also spend the money to buy goods that will be resold to get a profit even though it is a bit
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October 15, 2017, 04:57:12 PM
 #864

If you are investing money in trading and hoping that luck will favor you all the time to make profits then there is no difference between trading and gambling and I would recommend to stay away from trading if you are depending only on luck to make profits each and every time as you are surely gambling with your money and results won't be in your favor majority of times.

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October 15, 2017, 05:11:55 PM
 #865

If you are investing money in trading and hoping that luck will favor you all the time to make profits then there is no difference between trading and gambling and I would recommend to stay away from trading if you are depending only on luck to make profits each and every time as you are surely gambling with your money and results won't be in your favor majority of times.
So, I think if people want to make some profit using trading, they should start thinking differently than gambling, because trading is other thing, not like gambling which it's mostly based on luck. If you want to be a good trader, you should start learn about altcoins market, also you should start trading with low amounts to increase your knowledge about this domain of profit.

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October 15, 2017, 05:18:03 PM
 #866

If you are investing money in trading and hoping that luck will favor you all the time to make profits then there is no difference between trading and gambling and I would recommend to stay away from trading if you are depending only on luck to make profits each and every time as you are surely gambling with your money and results won't be in your favor majority of times.
So, I think if people want to make some profit using trading, they should start thinking differently than gambling, because trading is other thing, not like gambling which it's mostly based on luck. If you want to be a good trader, you should start learn about altcoins market, also you should start trading with low amounts to increase your knowledge about this domain of profit.
I think that there is very clear difference between the two.  In gambling we are totally depending on our luck, while in trading along with luck we also need to have some good experience and skill, but if in trading we are depending totally on our luck, then we can consider trading as gambling.
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October 15, 2017, 05:59:53 PM
 #867

If you are investing money in trading and hoping that luck will favor you all the time to make profits then there is no difference between trading and gambling and I would recommend to stay away from trading if you are depending only on luck to make profits each and every time as you are surely gambling with your money and results won't be in your favor majority of times.
So, I think if people want to make some profit using trading, they should start thinking differently than gambling, because trading is other thing, not like gambling which it's mostly based on luck. If you want to be a good trader, you should start learn about altcoins market, also you should start trading with low amounts to increase your knowledge about this domain of profit.
I think that there is very clear difference between the two.  In gambling we are totally depending on our luck, while in trading along with luck we also need to have some good experience and skill, but if in trading we are depending totally on our luck, then we can consider trading as gambling.

It takes a lot of efforts to become a real trader. We should always update with the latest news in regard with the developments of the coins we traded, and there are many other things we must master. Failed to do so will lead us as to be a gambler in trading platform.

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October 15, 2017, 06:11:22 PM
 #868

If you are investing money in trading and hoping that luck will favor you all the time to make profits then there is no difference between trading and gambling and I would recommend to stay away from trading if you are depending only on luck to make profits each and every time as you are surely gambling with your money and results won't be in your favor majority of times.
So, I think if people want to make some profit using trading, they should start thinking differently than gambling, because trading is other thing, not like gambling which it's mostly based on luck. If you want to be a good trader, you should start learn about altcoins market, also you should start trading with low amounts to increase your knowledge about this domain of profit.
I think that there is very clear difference between the two.  In gambling we are totally depending on our luck, while in trading along with luck we also need to have some good experience and skill, but if in trading we are depending totally on our luck, then we can consider trading as gambling.

It takes a lot of efforts to become a real trader. We should always update with the latest news in regard with the developments of the coins we traded, and there are many other things we must master. Failed to do so will lead us as to be a gambler in trading platform.
When you do not know what you are doing in your trade then that's the time that you can call yourself as a gambler because you are gambling your money to something you are not sure about. And you are right trading has a lot of work to do and if you don't have time to do those things its better to do investment than being a trader.
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October 15, 2017, 06:19:05 PM
 #869

If you are investing money in trading and hoping that luck will favor you all the time to make profits then there is no difference between trading and gambling and I would recommend to stay away from trading if you are depending only on luck to make profits each and every time as you are surely gambling with your money and results won't be in your favor majority of times.
So, I think if people want to make some profit using trading, they should start thinking differently than gambling, because trading is other thing, not like gambling which it's mostly based on luck. If you want to be a good trader, you should start learn about altcoins market, also you should start trading with low amounts to increase your knowledge about this domain of profit.
I think that there is very clear difference between the two.  In gambling we are totally depending on our luck, while in trading along with luck we also need to have some good experience and skill, but if in trading we are depending totally on our luck, then we can consider trading as gambling.

It takes a lot of efforts to become a real trader. We should always update with the latest news in regard with the developments of the coins we traded, and there are many other things we must master. Failed to do so will lead us as to be a gambler in trading platform.
When you do not know what you are doing in your trade then that's the time that you can call yourself as a gambler because you are gambling your money to something you are not sure about. And you are right trading has a lot of work to do and if you don't have time to do those things its better to do investment than being a trader.
You are correct, trading would really be like gambling if you do it randomly and it does really need experience,knowledge and skills for you to be profitable but well these kind of instances do really happen on first time.I do experience this stuff when theres a point that i dont really know on what im doing on trading but later on i did pursue to learn about it until i already got the idea.

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October 15, 2017, 06:29:43 PM
 #870

Trading and gambling are two different things in my opinion , one need a lot of knowledge and commitment and the other just needs a bit of luck and a casino that accepts bitcoin . Yet i think that trading skills can be exploited in gambling to maybe enhance the strategy followed by the gambler or even make him a bit more thoughtful to the bets he'll be placing in one way or another . They both share the risk factor , but i'd say knowledge beats luck any day .
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October 15, 2017, 07:38:16 PM
 #871

If you are investing money in trading and hoping that luck will favor you all the time to make profits then there is no difference between trading and gambling and I would recommend to stay away from trading if you are depending only on luck to make profits each and every time as you are surely gambling with your money and results won't be in your favor majority of times.
So, I think if people want to make some profit using trading, they should start thinking differently than gambling, because trading is other thing, not like gambling which it's mostly based on luck. If you want to be a good trader, you should start learn about altcoins market, also you should start trading with low amounts to increase your knowledge about this domain of profit.
I think that there is very clear difference between the two.  In gambling we are totally depending on our luck, while in trading along with luck we also need to have some good experience and skill, but if in trading we are depending totally on our luck, then we can consider trading as gambling.

It takes a lot of efforts to become a real trader. We should always update with the latest news in regard with the developments of the coins we traded, and there are many other things we must master. Failed to do so will lead us as to be a gambler in trading platform.
When you do not know what you are doing in your trade then that's the time that you can call yourself as a gambler because you are gambling your money to something you are not sure about. And you are right trading has a lot of work to do and if you don't have time to do those things its better to do investment than being a trader.
You are correct, trading would really be like gambling if you do it randomly and it does really need experience,knowledge and skills for you to be profitable but well these kind of instances do really happen on first time.I do experience this stuff when theres a point that i dont really know on what im doing on trading but later on i did pursue to learn about it until i already got the idea.

You can depend on luck in trading once or twice but its hard to believe that  you will be always lucky in trading and making good profits out of it as it will be only once in a blue moon where luck will help you in making profits in trading but if you feel that the results will always be on your side then you are totally wrong as most of the times it will bring only loss for you.
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October 16, 2017, 07:21:07 AM
 #872

Trading and gambling are two different things in my opinion , one need a lot of knowledge and commitment and the other just needs a bit of luck and a casino that accepts bitcoin . Yet i think that trading skills can be exploited in gambling to maybe enhance the strategy followed by the gambler or even make him a bit more thoughtful to the bets he'll be placing in one way or another . They both share the risk factor , but i'd say knowledge beats luck any day .

Lets think about it like this, gambling isn't trading for sure but trading in a way, since you don't exactly the final result, would be a bit of a gamble. But there are aspects you can try to come up with a better result of course like being prepared and doing reaearch and studies. So its not blind gambling

 
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October 16, 2017, 09:18:28 AM
 #873

Trading and gambling are two different things in my opinion , one need a lot of knowledge and commitment and the other just needs a bit of luck and a casino that accepts bitcoin . Yet i think that trading skills can be exploited in gambling to maybe enhance the strategy followed by the gambler or even make him a bit more thoughtful to the bets he'll be placing in one way or another . They both share the risk factor , but i'd say knowledge beats luck any day .

Lets think about it like this, gambling isn't trading for sure but trading in a way, since you don't exactly the final result, would be a bit of a gamble. But there are aspects you can try to come up with a better result of course like being prepared and doing reaearch and studies. So its not blind gambling
Yeah , Apples are not going to be bananas too. We can put it on the same ways but much on its own deifferences. Considering trading as a gambling is a problem because its likely you close up your mind about trading and you often say gambling is better than or vise versa.


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October 16, 2017, 09:25:12 AM
 #874

Gambling has no basis as an analytical material because everything is controlled not because of the real conditions, but on unilateral or someone intervention. While trading, occurs due to supply and demand. That's the difference between gambling and trading, really thin. Different in basic.
I think all things involving assets or money taking with risk is considered as gambling. trading and gambling have both unpredicatable result only that gambling has fixed odd its a win or loss while trading eventhough its unpredictable on the market but it depends upon the strategy of how you manage trading for better profit. that is why in my point of view trading is also gambling with different story because they have same risk taking.

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October 16, 2017, 10:19:23 AM
 #875

Gambling has no basis as an analytical material because everything is controlled not because of the real conditions, but on unilateral or someone intervention. While trading, occurs due to supply and demand. That's the difference between gambling and trading, really thin. Different in basic.
I think all things involving assets or money taking with risk is considered as gambling. trading and gambling have both unpredicatable result only that gambling has fixed odd its a win or loss while trading eventhough its unpredictable on the market but it depends upon the strategy of how you manage trading for better profit. that is why in my point of view trading is also gambling with different story because they have same risk taking.

Well, that's right. If you lose the gamble, you will lose your money and can not return it at all. But if you lose your money in trading, you can still recover your losses by selling some of the currency you have. How is that possible ? Because the value of a currency will not go down to zero, whatever the reason.

Maybe trading can be said as a gambling because we do not know when the value or price of a currency will rise and fall. We just buy a currency and expect the price to go up, but if we can predict the value of a currency, it means we are already become a good trader.

Let's us just take a simple example, for example we buy Bitcoin .. but we do not know whether Bitcoin prices are up or down in a few months. That can be called as a gambling, because we are risking our money on luck. But, we all know that the price of Bitcoin is always going up. Grin
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October 16, 2017, 01:55:57 PM
 #876

Gambling has no basis as an analytical material because everything is controlled not because of the real conditions, but on unilateral or someone intervention. While trading, occurs due to supply and demand. That's the difference between gambling and trading, really thin. Different in basic.
I think all things involving assets or money taking with risk is considered as gambling. trading and gambling have both unpredicatable result only that gambling has fixed odd its a win or loss while trading eventhough its unpredictable on the market but it depends upon the strategy of how you manage trading for better profit. that is why in my point of view trading is also gambling with different story because they have same risk taking.

Indeed they are both gambling but trading has controls that can slow the rate at which you gain or loose whereas gambling can run you bankrupt in an instant or make you a millionaire instantly. It's just a matter of choice but i think trading in every sense is also gambling.
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October 16, 2017, 05:03:09 PM
 #877

Trading and gambling are two different things in my opinion , one need a lot of knowledge and commitment and the other just needs a bit of luck and a casino that accepts bitcoin . Yet i think that trading skills can be exploited in gambling to maybe enhance the strategy followed by the gambler or even make him a bit more thoughtful to the bets he'll be placing in one way or another . They both share the risk factor , but i'd say knowledge beats luck any day .
For me, trading and gambling both are poles apart. Only because of the risk factor, we cannot make them as one. Both are two different stories.

Gambling is a game that is thought to be an income source. Trading is a profession that is an income source. Gambling depends upon luck whereas trading is all about showing skills and experience that comes with time.

Gamblers get ruined mostly but traders get success ultimately.
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October 16, 2017, 05:08:02 PM
 #878

Gambling has no basis as an analytical material because everything is controlled not because of the real conditions, but on unilateral or someone intervention. While trading, occurs due to supply and demand. That's the difference between gambling and trading, really thin. Different in basic.
I think all things involving assets or money taking with risk is considered as gambling. trading and gambling have both unpredicatable result only that gambling has fixed odd its a win or loss while trading eventhough its unpredictable on the market but it depends upon the strategy of how you manage trading for better profit. that is why in my point of view trading is also gambling with different story because they have same risk taking.
it is considered as gambling only when you do it randomly and don't know anything about what you gonna do. random investment , random trading and any other decision which it is made based on random thought , random feeling then it is gambling.

but when you know what you are doing , knows everything about what you want to do i don't think it is a gambling at all.

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October 16, 2017, 06:19:09 PM
 #879

if the gamble gets the money does not work hard, he just looking for self gain and if the trade we get the money with extraordinary sacrifices and also spend the money to buy goods that will be resold to get a profit even though it is a bit

According your points then trading can't be consider as gambling. But you said right, because in gambling usually we win money without earn and hard working but in trading we spend a lot of time to search buy the coins or goods and most of the time we need time to earn profit. But sacrifices we do in both trading and gambling, it is just like risk is here in both. 

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October 16, 2017, 07:18:48 PM
 #880

Trading and gambling are two different things in my opinion , one need a lot of knowledge and commitment and the other just needs a bit of luck and a casino that accepts bitcoin . Yet i think that trading skills can be exploited in gambling to maybe enhance the strategy followed by the gambler or even make him a bit more thoughtful to the bets he'll be placing in one way or another . They both share the risk factor , but i'd say knowledge beats luck any day .

Lets think about it like this, gambling isn't trading for sure but trading in a way, since you don't exactly the final result, would be a bit of a gamble. But there are aspects you can try to come up with a better result of course like being prepared and doing reaearch and studies. So its not blind gambling
There is a little effect of gambling in trading as you don’t have to do any physical work and you are just waiting for the time and better strategies. But it is not gambling properly. Trading requires you to be concerned with it and you have to make plans. Plus your skills matter more than your luck. Better is trading than gambling.

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