pisston
|
|
October 25, 2017, 10:04:19 PM |
|
It depends on which type of trade you're in, actually lot of skills required to get success in trading. Partially we can accept that the trading as gambling because along with skills and knowledge luck matters in trading. Once if anybody tastes success while trading by sheer luck they can term it as gambling.
Generally the fact is that many traders belong to gambling as well as their direct occupation. Reality of trade can also bring aesthetic pleasure and passion from the fact that you are at risk.
|
|
|
|
setupbounds
|
|
October 26, 2017, 11:30:53 AM |
|
In both cases we have to risk our money and at the end we get profit or lose. So the input and outputs are same.But Gambling is totally depend on the luck factor whereas trading is based on the knowledge. The main problem is we do trade without analysing the market or on based of our limited knowledge and that is nothing but gambling.
Things make people consider trading as gambling is because of sometimes you feel everything there is about money game. I mean you stake your money to predict the price and you stake your money to guess what color appear in roulette for example. Both staking money and both predicting future right? The difference is only on the process making these predictions. That is only one aspect which you have mentioned here. Prediction and risk are involved in both activities but that does not make them alike. Trading is a respected profession and it has really produced more rich people than poor ones while gambling is the cause of majority’s suffering. The success rate of gambling is very low because it is all about luck whereas trading involves skills also. Traders make profits by not wild guessing.
|
|
|
|
RealPhotoshoper
Legendary
Offline
Activity: 1050
Merit: 1001
|
|
October 26, 2017, 01:49:27 PM |
|
In both cases we have to risk our money and at the end we get profit or lose. So the input and outputs are same.But Gambling is totally depend on the luck factor whereas trading is based on the knowledge. The main problem is we do trade without analysing the market or on based of our limited knowledge and that is nothing but gambling.
Things make people consider trading as gambling is because of sometimes you feel everything there is about money game. I mean you stake your money to predict the price and you stake your money to guess what color appear in roulette for example. Both staking money and both predicting future right? The difference is only on the process making these predictions. That is only one aspect which you have mentioned here. Prediction and risk are involved in both activities but that does not make them alike. Trading is a respected profession and it has really produced more rich people than poor ones while gambling is the cause of majority’s suffering. The success rate of gambling is very low because it is all about luck whereas trading involves skills also. Traders make profits by not wild guessing. That is true , people will look at you fine when you tell them you are a trader. But guess what their reaction when you tell them that you are a professional gambler? The impression for them will of course so bad. Just choose you want to take a less risk with good impression or high risk and bad impression both similar but doesn't mean is same.
|
|
|
|
Loope
Member
Offline
Activity: 82
Merit: 10
|
|
October 26, 2017, 01:57:51 PM |
|
It depends on which type of trade you're in, actually lot of skills required to get success in trading. Partially we can accept that the trading as gambling because along with skills and knowledge luck matters in trading. Once if anybody tastes success while trading by sheer luck they can term it as gambling.
Well i think trading is not be considered as a gambling because when you say trading meaning you have to sell in order to get more money or extra income. Things that you considered as gambling is when you win or lose in some fight involving large amount of money, furthermore gambling is dealing with winning while tradings is dealing with the value or prices of what you have sell..so trading is not considered as gambling.
|
|
|
|
South Park
|
|
October 26, 2017, 03:59:39 PM |
|
The risks are very different because gambling does not recognize fundamental analysis, gambling is only applicable for short-term analysis, trading is not in a hurry and is not always done in one period unless traders play margins and other options options. It is very clear that trading is different from gambling.
Only in theory, how many people around the forum, buy into icos or buy a coin with no regards whether it was the right time to do so, many I suppose, so these people are not really investing they are gambling with their money and there is not other way to put it.
|
|
|
|
oHnK
|
|
October 26, 2017, 05:13:58 PM |
|
The risks are very different because gambling does not recognize fundamental analysis, gambling is only applicable for short-term analysis, trading is not in a hurry and is not always done in one period unless traders play margins and other options options. It is very clear that trading is different from gambling.
Only in theory, how many people around the forum, buy into icos or buy a coin with no regards whether it was the right time to do so, many I suppose, so these people are not really investing they are gambling with their money and there is not other way to put it. Alot of people buy into icos of course but alot of people make it looks like gambling. It is the same as gambling because buying ICOs means you are playing with your own money. You could be lucky if the coins are going to be pumped but what if it is not? It is the same as gambling right in one sense if you tink it like what I am thinking
|
|
|
|
serjent05
Legendary
Offline
Activity: 3010
Merit: 1280
Hire Bitcointalk Camp. Manager @ r7promotions.com
|
|
October 26, 2017, 06:43:37 PM |
|
The risks are very different because gambling does not recognize fundamental analysis, gambling is only applicable for short-term analysis, trading is not in a hurry and is not always done in one period unless traders play margins and other options options. It is very clear that trading is different from gambling.
Only in theory, how many people around the forum, buy into icos or buy a coin with no regards whether it was the right time to do so, many I suppose, so these people are not really investing they are gambling with their money and there is not other way to put it. Alot of people buy into icos of course but alot of people make it looks like gambling. It is the same as gambling because buying ICOs means you are playing with your own money. You could be lucky if the coins are going to be pumped but what if it is not? It is the same as gambling right in one sense if you tink it like what I am thinking If you do not do your own research about ICO then yes. Since you can be scammed by ICO project who's intention is to grab money from the unaware clients. ICO the same as investing if studied carefully and do the right research can never be considered as gambling since risk in there is mitigated which is absent in gambling stuff.
|
|
|
|
francesyrus
|
|
October 26, 2017, 09:26:44 PM |
|
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.
Yeah trading is also a gambling. I think anything that involves money and have risk is a gambling. When I first started trading, my friend told me that "Bro, trading is also a gambling but in a legal way".
|
|
|
|
Colt22
|
|
October 26, 2017, 11:42:32 PM |
|
In both cases we have to risk our money and at the end we get profit or lose. So the input and outputs are same.But Gambling is totally depend on the luck factor whereas trading is based on the knowledge. The main problem is we do trade without analysing the market or on based of our limited knowledge and that is nothing but gambling.
Things make people consider trading as gambling is because of sometimes you feel everything there is about money game. I mean you stake your money to predict the price and you stake your money to guess what color appear in roulette for example. Both staking money and both predicting future right? The difference is only on the process making these predictions. That is only one aspect which you have mentioned here. Prediction and risk are involved in both activities but that does not make them alike. Trading is a respected profession and it has really produced more rich people than poor ones while gambling is the cause of majority’s suffering. The success rate of gambling is very low because it is all about luck whereas trading involves skills also. Traders make profits by not wild guessing. I have same thoughts regarding trading and gambling. They are pole apart in their nature, aims and end results. Gambling is a shit that is totally based on luck and is not involving any hard work whereas trading is a proper profession which needs good knowledge about market, your product value, communication skills etc. I am personally in favor of doing trading than going for gambling.
|
|
|
|
matchi2011
Sr. Member
Offline
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
|
|
October 27, 2017, 01:42:49 AM |
|
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.
Yeah trading is also a gambling. I think anything that involves money and have risk is a gambling. When I first started trading, my friend told me that "Bro, trading is also a gambling but in a legal way". Well it's not only that it's the legal way because a lot of gambling sites are operating legally. The risks are much lower with trading and the fact that you can prepare for it with study and research makes it more legitimate as a money making venture. Gambling really isn't to make money but to pass time and to try luck. Trading is something you can call a serious way of earning.
|
|
|
|
chris200x9
Legendary
Offline
Activity: 1316
Merit: 1011
|
|
October 27, 2017, 04:02:49 AM |
|
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.
Yeah trading is also a gambling. I think anything that involves money and have risk is a gambling. When I first started trading, my friend told me that "Bro, trading is also a gambling but in a legal way". If you invest your money without the knowledge of a coin or any other product then it is similar to gambling because you're just doing a guessing investment by thinking that product price will go up. But if you study the market and pick up a right coin or a product to invest then it is called a high-risk investment and it is not exactly gambling.
|
|
|
|
zhelis74
|
|
October 27, 2017, 04:54:12 AM |
|
It depends on which type of trade you're in, actually lot of skills required to get success in trading. Partially we can accept that the trading as gambling because along with skills and knowledge luck matters in trading. Once if anybody tastes success while trading by sheer luck they can term it as gambling.
Generally the fact is that many traders belong to gambling as well as their direct occupation. Reality of trade can also bring aesthetic pleasure and passion from the fact that you are at risk. As for me trading is different from gambling for my reason that trading requires skills, technique and strategy in order to succeed and gain more profit,.but for gambling the techniques and strategy is unreliable for the sure win its all because gambling is unpredictable may they have similarity only that they both involve risk but not at the same weight.
|
|
|
|
arthotdog
|
|
October 27, 2017, 05:50:33 AM |
|
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.
partly yes,because when we trade we gambled our coins into the outcome of what we are trading,in which theres no assurance if we will perfectly earn or not.so that part is gambling for some reason
|
|
|
|
SushiMonster
Full Member
Offline
Activity: 305
Merit: 107
I'm going to eat your cookies
|
|
October 27, 2017, 09:54:33 AM |
|
Hmm, I don't think so. With trading your are studying and making a plan which alt coins to buy and has a possibility that will increase, you can even hold your price if you are a risk taker. With gambling you are risking for the sake of enjoyment, but the probability of lossing is larger than winning.
|
|
|
|
pratik009
|
|
October 27, 2017, 12:11:38 PM |
|
No.there is major difference between the gambling and trading.beacause the gambling depends on 99%on luck and 1% on your skills but trading depends on skills more than luck.so in trading you need more knowledge and experience.And the major difference in gambling and trading that in gambling you loss your all money but in trading you loss only the difference between byuing and selling price.so trading is more profitable and less risky than the gambling.
|
|
|
|
Capradina
|
|
October 27, 2017, 12:23:21 PM |
|
With high risk trades where its very hard to tell the odds like a new coin then I think it is like gambling but I still believe the risk vs reward for trading is lower then for gambling and you can win more trading if you know what you doing and with some luck. Otherwise just stick to traditional gambling and try your luck there. You have just as much chance as anyone else does to win or lose so go for it I say.
Well yeah you can say that risks involved in trading is similar to gambling's risk. However, I would like to differentiate this from ICOs. I think investing in ICOs are really gambling. Since you are gambling whether or not the developers there are really serious. Most of the time a project just turns scam because the developers just ran with the investments. Precisely, the ICO is not gambling and for those who say so I am sure that they do not see clearly what the meaning of the word "ICO", because if they understand it surely will not be saying something thing indeed they already know. One thing, ico can indeed suffered losses and profits. But it's all based on the level of the professional team and also the projects that they are working on. It's not like gambling, where advantages and disadvantages depending on the game.
|
|
|
|
DU18
Sr. Member
Offline
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
|
|
October 27, 2017, 01:01:23 PM |
|
I don't think trading should be considered as gambling.Because trading depends on your skills and gambling is just luck.I can use my mind to predict and find the best use of trading but in gambling I can't do anything except bet.Also I think trading can give me good profit in short time but gambling will make me empty hand.So I prefer always trading and not think that it is a kind of gambling.
|
|
|
|
Gheka
|
|
October 27, 2017, 02:17:25 PM |
|
I don't think trading should be considered as gambling.Because trading depends on your skills and gambling is just luck.I can use my mind to predict and find the best use of trading but in gambling I can't do anything except bet.Also I think trading can give me good profit in short time but gambling will make me empty hand.So I prefer always trading and not think that it is a kind of gambling.
Of course, trading should not be considered as gambling, unless we rely on luck to win in trading, trading is a field that requires skill and experience, luck is only a part. In trading, you need to research the market, you have thoughts and analysis, you have strategies and calculations, and if you just rely on luck, you can never survive in trading. But in gambling, you do not need any thoughts except the bet, analysis and strategy also can not help you too much, what you need is just luck if you want to win. And the purpose of trading and gambling is different, make money and entertainment, this is very clear, so we can not think that trading is gambling
|
|
|
|
supandi wiharja
Full Member
Offline
Activity: 420
Merit: 101
Earn crypto for being contacted
|
|
October 27, 2017, 02:54:04 PM Last edit: October 30, 2017, 06:33:26 AM by supandi wiharja |
|
I don't think trading can be considered a gamble, because i think trading should have many techniques such as when market conditions are negative, positive or stagnant market conditions and become boring for traders. While gambling does have to have a way or tactic when Playing, but most gambling just takes a little bit of luck.
|
|
|
|
Bezobraznike
Sr. Member
Offline
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
|
|
October 27, 2017, 08:12:06 PM |
|
I do not think trading can be considered a gamble, because i think trading should have many techniques such as when market conditions are negative, positive or stagnant market conditions and become boring for traders. While gambling does have to have a way or tactic when Playing, but most gambling just takes a little bit of luck.
I think same as you, trading is something different and can not be compared with gambling. They have similarities, both require starting money, both have risks. Everything else is different, starting from approach you make, and how you analyze crypto market and roulette. If anything trading can be compared with betting on sports. I bet on teams, on people who play and I have faith in them or not, with trading is similar good teams can make good stuff and only difference here is that for results in sport game you wait couple hours maximum, for waiting results from trading months can pass, or maybe even years.
|
|
|
|
|