oHnK
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October 18, 2017, 06:11:21 PM |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
Talking about the risk, it depends on the traders. For some people with less knowledge about trading then it has high risk as well. Trading can be considered as gambling or not, people have their own opinion. Some may say it is the same as gambling because prediction is involved like sports betting but some others may say trading is not gambling because it is not 100% based on luck. Some people with no skill in trading or even some knowledge is just going to make trading looks like a gambling. If we have nothing that will let us know where the market is going to lie then it is the same as staking our wager on gambling table and hope that we win . At some point there is no different that gambling and could be considered the same
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boyptc
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October 18, 2017, 06:20:39 PM |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
It's a gamble because you have to take the risk of putting your coins at stake. And it is why whenever you rare gambling don't forget that you are doing it with risk, that's why deal with caution and not all the time the fate is with you. Sometimes you can get a decent return but not all the time it will be. Make sure that you are ready for whatever will be the outcome when you trade.
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BigTeeths
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October 19, 2017, 03:21:03 AM |
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Yes, it can be considered somehow. The risks can be high or low depending on the current status of the development of the coin. There is no assurance just like gambling because it could be a good coin but there are some circumstances that devs just leave the project.
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MinerHQ
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October 19, 2017, 03:53:40 AM |
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Yes, it can be considered somehow. The risks can be high or low depending on the current status of the development of the coin. There is no assurance just like gambling because it could be a good coin but there are some circumstances that devs just leave the project.
All investments will have some risks and we have to take some of those risks if you want to grow your money otherwise we can't grow our money. But I'm not suggesting gamble instead try to invest your money on few good coins so if one or two fail to perform in the long run you still can make a decent profit from trading compared to gambling.
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Ziskinberg
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October 19, 2017, 04:40:54 AM |
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Yes, it can be considered somehow. The risks can be high or low depending on the current status of the development of the coin. There is no assurance just like gambling because it could be a good coin but there are some circumstances that devs just leave the project.
All investments will have some risks and we have to take some of those risks if you want to grow your money otherwise we can't grow our money. But I'm not suggesting gamble instead try to invest your money on few good coins so if one or two fail to perform in the long run you still can make a decent profit from trading compared to gambling. You should not go all in to just one project because chances are we are on a big risk and we might fail and it would be the end of the world. Since investing is not guaranteed to make profit, we have to study well to make a good plan, and don't only focus on what we really understand, in my case I invested on bitcoin with a big portion of my portfolio and I'm confident I will succeed. I trade also but that was only a few activity of my time since I am more on holding for long term.
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el kaka22
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October 19, 2017, 07:55:24 AM |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
Talking about the risk, it depends on the traders. For some people with less knowledge about trading then it has high risk as well. Trading can be considered as gambling or not, people have their own opinion. Some may say it is the same as gambling because prediction is involved like sports betting but some others may say trading is not gambling because it is not 100% based on luck. Yes, people have their own opinion regarding trading but in reality, anyone who trades without basis or just pure luck hoping things to turn out in their favor with 100% guess, is just as same as gambling. In gambling you either choose one side without any technical analysis, hoping for a greater good or pure luck, which makes trading different, cause with skills, there are ways you can avert huge losses and win more than you lose.
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poplolnman
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October 19, 2017, 09:20:48 AM |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
It's a gamble because you have to take the risk of putting your coins at stake. And it is why whenever you rare gambling don't forget that you are doing it with risk, that's why deal with caution and not all the time the fate is with you. Sometimes you can get a decent return but not all the time it will be. Make sure that you are ready for whatever will be the outcome when you trade. that's not , trading should be done with a lot of consideration and you might doing a proper trading. when you do it in random way based on nothing then yeah you are basically not pure trading , but looking for an opportunity to make money instantly through an easy way like making random investment to buy it low and hoping to sell it high , just keep hoping without put a real effort.
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I'm in 400,000 euros debt , dont help me , i rather die
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Epimetheus
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October 19, 2017, 09:48:43 AM Last edit: October 26, 2017, 06:06:21 AM by Epimetheus |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
It's a gamble because you have to take the risk of putting your coins at stake. And it is why whenever you rare gambling don't forget that you are doing it with risk, that's why deal with caution and not all the time the fate is with you. Sometimes you can get a decent return but not all the time it will be. Make sure that you are ready for whatever will be the outcome when you trade. that's not , trading should be done with a lot of consideration and you might doing a proper trading. when you do it in random way based on nothing then yeah you are basically not pure trading , but looking for an opportunity to make money instantly through an easy way like making random investment to buy it low and hoping to sell it high , just keep hoping without put a real effort. Yes, and we shouldn't do trading purely on speculation, there is a lot of effort to be made while reading charts and then the trader makes his mind on either to invest in that coin or to move onto another coin. But there are a few newbie who just enter the market reading a few comments that trading is very profitable.
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Betwrong
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October 19, 2017, 03:26:08 PM |
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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. Since its a gamble to trade because you obviously don't know the outcome whether the prices will go up or down but if you still go ahead and trade it means that you've gambled your funds because it could go either way and this makes trading gambling. Nope mates in gambling once we bet our money there is no guarantee that we can win our bet and our money will come back. But in trading, we can believe that we will get back our amount, and it is possible also, but we have to wait for some time that's it. It is a one type of investment, not gambling. But waiting is not a recipe for good trading in many cases. Some coins go only down from the very beginning so maybe it's better to sell them the sooner the better to minimize your losses. That's why I think that trading is a lot like gambling in some aspects so one have to be very cautious doing it because there's no guarantee you will have some profit in the long run. In fact you can lose more from waiting more. There are situations that i did experience on where i did not sell out a particular coin on pump state which i do believe that it would go further more which i do make use of my patience and situations are not really expected where the price had died after that pump and missed that good profits on those times if i did able to sell those coins but yet i did let my greed controls me on those times. That's what I was talking about, or rather one of the situations when one loses in trading. We, regular people, never know when the right time to buy or to sell. Pumpers and dumpers, which work in the field of coins with small market cap, know exactly the time because it depends on them, and thus they make money.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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conected
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October 19, 2017, 04:27:30 PM |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
Talking about the risk, it depends on the traders. For some people with less knowledge about trading then it has high risk as well. Trading can be considered as gambling or not, people have their own opinion. Some may say it is the same as gambling because prediction is involved like sports betting but some others may say trading is not gambling because it is not 100% based on luck. Yes, people have their own opinion regarding trading but in reality, anyone who trades without basis or just pure luck hoping things to turn out in their favor with 100% guess, is just as same as gambling. In gambling you either choose one side without any technical analysis, hoping for a greater good or pure luck, which makes trading different, cause with skills, there are ways you can avert huge losses and win more than you lose. - Well, if anyone know and have certain knowledge about trading, they will know that trading is only considered gambling when they do not have any market analysis, they rely on emotions to make decisions and profit is dependent on luck. But with a true trader, luck is only a part of winning, most of them rely on their skills and analytical ability, they always have the calculations in terms of risk and is based on factors surrounding the market to make a decision, decisions and actions based on emotion, they will limit to the lowest level
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michkima
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October 19, 2017, 04:48:41 PM |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
Talking about the risk, it depends on the traders. For some people with less knowledge about trading then it has high risk as well. Trading can be considered as gambling or not, people have their own opinion. Some may say it is the same as gambling because prediction is involved like sports betting but some others may say trading is not gambling because it is not 100% based on luck. Yes, people have their own opinion regarding trading but in reality, anyone who trades without basis or just pure luck hoping things to turn out in their favor with 100% guess, is just as same as gambling. In gambling you either choose one side without any technical analysis, hoping for a greater good or pure luck, which makes trading different, cause with skills, there are ways you can avert huge losses and win more than you lose. - Well, if anyone know and have certain knowledge about trading, they will know that trading is only considered gambling when they do not have any market analysis, they rely on emotions to make decisions and profit is dependent on luck. But with a true trader, luck is only a part of winning, most of them rely on their skills and analytical ability, they always have the calculations in terms of risk and is based on factors surrounding the market to make a decision, decisions and actions based on emotion, they will limit to the lowest level I would have to agree, gambling is totally different but there is some element of gambling in trading. However, that doesn't mean they are the same and can be considered as a way of gambling. Gambling does only involve pure luck whenever you bet. Poker doesn't rely on pure luck, but it highly does. In trading, there is a chance you lose and that is when the prices go down, but you haven't lost yet since you can sell it off early.
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kodes88
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October 19, 2017, 07:16:30 PM |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
Talking about the risk, it depends on the traders. For some people with less knowledge about trading then it has high risk as well. Trading can be considered as gambling or not, people have their own opinion. Some may say it is the same as gambling because prediction is involved like sports betting but some others may say trading is not gambling because it is not 100% based on luck. Trading and gambling are risky, both are at risk but not all of those at risk can be called gambling, gambling is a game, a game cashed out, meaning gambling is a game we play on the condition that we have to place a bet in advance to double the money, while trading also risky but trading is not a game.
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South Park
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October 19, 2017, 07:28:53 PM |
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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.
Since you are trading using your skill then you are not gambling since you are not relying in your luck to make profits, but if you were not doing that and instead you traded your bitcoin by using your feelings or because you felt lucky then you will be gambling.
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oHnK
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October 19, 2017, 08:36:13 PM |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
Talking about the risk, it depends on the traders. For some people with less knowledge about trading then it has high risk as well. Trading can be considered as gambling or not, people have their own opinion. Some may say it is the same as gambling because prediction is involved like sports betting but some others may say trading is not gambling because it is not 100% based on luck. Trading and gambling are risky, both are at risk but not all of those at risk can be called gambling, gambling is a game, a game cashed out, meaning gambling is a game we play on the condition that we have to place a bet in advance to double the money, while trading also risky but trading is not a game. It is risky at the same time but more chance to get money from trading. I dont think that we should just leave both be as they are risky because there are nothing that has no risk right. So we choose the one with less risk although for some people that has no trading knowledge will just eventually make trading looks like gambling for them
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serjent05
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Up to 300% + 200 FS deposit bonuses
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October 19, 2017, 09:12:41 PM |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
Talking about the risk, it depends on the traders. For some people with less knowledge about trading then it has high risk as well. Trading can be considered as gambling or not, people have their own opinion. Some may say it is the same as gambling because prediction is involved like sports betting but some others may say trading is not gambling because it is not 100% based on luck. Some people with no skill in trading or even some knowledge is just going to make trading looks like a gambling. If we have nothing that will let us know where the market is going to lie then it is the same as staking our wager on gambling table and hope that we win . At some point there is no different that gambling and could be considered the same Actually it is not making it look like a gambling, it is a gambling in all means. Not mitigatinng risk due to lack of knowledge, jumping in a trade without knowing the basic ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think it is even worst than gambling. But a real trading cannot be considered as gambling (that is in terms of risk involved since risk in trading can always be mitigated.)
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molsewid
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October 19, 2017, 09:43:17 PM |
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Yes, it can be considered somehow. The risks can be high or low depending on the current status of the development of the coin. There is no assurance just like gambling because it could be a good coin but there are some circumstances that devs just leave the project.
It already a gambling everything that are money involved that you were risking is already a gambling you can even get assurance when your coins will be rise or not you always depending on the price which is 50/50 chance of increasing you can't even guaranteed it but when you had patient it can be possible that everything happens for you has a reason.
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stolendata
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October 19, 2017, 11:59:29 PM |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
It's a gamble because you have to take the risk of putting your coins at stake. And it is why whenever you rare gambling don't forget that you are doing it with risk, that's why deal with caution and not all the time the fate is with you. Sometimes you can get a decent return but not all the time it will be. Make sure that you are ready for whatever will be the outcome when you trade. Yes risk is always there in both trading and in investment, but i think that on the bases of risk we cannot consider trading s gambling. because in most of gambling game we depend on our luck, while in trading it is too much important that you must have good knowledge, experience and trading skill.
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LuanX3
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October 20, 2017, 10:00:08 AM |
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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.
It's a gamble because you have to take the risk of putting your coins at stake. And it is why whenever you rare gambling don't forget that you are doing it with risk, that's why deal with caution and not all the time the fate is with you. Sometimes you can get a decent return but not all the time it will be. Make sure that you are ready for whatever will be the outcome when you trade. Yes risk is always there in both trading and in investment, but i think that on the bases of risk we cannot consider trading s gambling. because in most of gambling game we depend on our luck, while in trading it is too much important that you must have good knowledge, experience and trading skill. Risk is the only thing that is common in gambling and trading, however that is not a defining factor that would conclude that both of them are the same. The problem is that gambling requires a lot of luck to profit and you cannot influence the chances of you winning. Unlike in trading, there is a way to improve your chances of profiting by studying whatever you are investing in.
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majdoso
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October 20, 2017, 03:02:11 PM |
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as far as i am concerned, trading is not gambling . It is true that the risks and the possibilities of winning are similar, that you might get rich if everything goes okay as you can in one second lose everything , but trading is a job , it doesn’t depend on just luck and you have to work hard for it. the difference between trading and gambling is both the amount of effort and investment put into trading.
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Oilacris
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October 20, 2017, 03:25:36 PM |
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as far as i am concerned, trading is not gambling . It is true that the risks and the possibilities of winning are similar, that you might get rich if everything goes okay as you can in one second lose everything , but trading is a job , it doesn’t depend on just luck and you have to work hard for it. the difference between trading and gambling is both the amount of effort and investment put into trading.
Risk and possibilities on trading and gambling isnt really similar at all but they are both ways on earning money but the risk level factor isnt really the same.Trading would only be just considered as gambling if you dont have knowledge on doing it and yes gambling would really rely on luck which on trading it doesnt since skills would really matter on this one.
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