How is trading *not* gambling?

[justdimin]

I like some binary options trading a lot! I am learning it currently, I am only a beginner. I have to admit that it is really kinda gambling, but anyway it is very fun and you can really make some nice money from it

Damn man you are here actually gambling and it's not at all called as trading. You will win initially and at the end you will regret why you started that way, actually those binary options is a good thing to trade but without a big house edge which i am sure no sites provides

And to date till now there has been no one so good at trading via binary options that they can overcome big edge like 10-15%

[1715221780]

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[1715221780]

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[1715221780]

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[dmamigo]

Trading is not similar to Gambling, though both are intended to acquire financial gains. But trading is where, you decide with you knowledge when to buy and sell, but gambling is kind of upon luck to some extent. Trading on commodities and stock market can be performed even with minimal risk if the person knows about the market and the movements.

[avikz]

How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

You are right! Trading is also gambling but the nature is completely different here. Trading is probably the only one type of gambling which is legal across the world. But gambling in its true sense, is legal in few countries. However, in trading, people take calculated risk and in gambling, you bet for your fate. Otherwise, you giveaway your money to the gambling website owner.

With my long trading experience I can vouch for trading. I started with a very little amount earned from signature campaign and now I have enough money to sustain my self for another 3 months without a job. So if you can play it right in trading, you will be rewarded suitably, unlike gambling!

[Barbut]

It's not the same, even thou it looks like that and feels like that in many moment's. I understand why people think of them the same, people mostly relay on luck in trading and gambling, and for them there is nothing more then that. Like a passionate gambler I think everything is a gamble, but games are different and that is what make the difference, and each game have a different approach, different rules.

[panganib999]

the difference between that is gambling is so risky but in trading you can make a strategy on how to have a profit and besides trading is more likely safe than gambling because in trading you need is knowledge and in gambling you need is luck.

[darewaller]

certainly there is a big difference between gambling with trades. I think a trade is a job that requires 80% accurate analysis, so we need a high precision. while gambling is a game that relies on luck, for me 80% of luck is needed to win a gambling game. concluded the gambling and trading are different things.

I can agree with your skill/luck percentage when it comes to trading, but not per se with how you see gambling. It highly depend on what game you are playing. In some cases like poker it's also the understanding of the game that gains you an advantage, but in general gambling is just gambling. Slots, dice, roulette, etc. These are games that require you to have the full 100% of luck -- zero skills are involved here.

Actually the term gambling has been derived from trading or vice versa. Because trading means that you are waiting for your decision to pay off while in gambling also you do the same. There is not much visible difference though the best of the two right now is trading not because its more profitable rather more because it does not make you addict towards it.

Anyone starting trading just now, please take my advice and stick with price trading for now ( bitcoins price trading ) and get involved in alt coins trading when you feel you can take some risks.

I think that gambling and trading are similar in some ways but trading is based on the market and the actions you take are based on information’s, but gambling is completely based on luck and none other than that, it is true that trading also involves luck but luck plays 30% of it, but gambling involves 70% luck.

[Jasad]

Trading is different than Gambling because they're based on the real business, real people , real coin, that you should have information before you doing trade.
Gambling is just invest on a percent that can give you back the reward, the profit. Anything can happen.

Trading is not gambling because you are holding your funds in your hands and your results will depend on how you play with market where as in gambling you simply put your money and hope that you will win and that will depend only on luck.

those people who yelling about trading = gambling ,
are the one who feel disappointed on their trading status ,
they feel it is just the same thing as gambling as they can't predict the market ,
so indeed it feels just guessing , but actually pretty much different.

[Bitcoinsummoner]

Trading is different than Gambling because they're based on the real business, real people , real coin, that you should have information before you doing trade.
Gambling is just invest on a percent that can give you back the reward, the profit. Anything can happen.

Trading is not gambling because you are holding your funds in your hands and your results will depend on how you play with market where as in gambling you simply put your money and hope that you will win and that will depend only on luck.

those people who yelling about trading = gambling ,
are the one who feel disappointed on their trading status ,
they feel it is just the same thing as gambling as they can't predict the market ,
so indeed it feels just guessing , but actually pretty much different.

They are not the same and they are different trading is a good choice since you can gain more profit if you are trading in altcoin because the movement of the price is more high increase and cheap altcoin.. unlikes in bitcoin that you can see the price is high and it took hours or days or week before you can see that you made profit or you lose but you can be still hold it for a long time and maybe the price of that altcoin will be more price high like dash.. i am collecting in the faucet of dash before.. but the problem i forgot my wallet because collecting bitcoin is more worth..
Gambling is gambling and you are enjoying and halving fun if you gamble and most of the people in gambling are greedy..

[Mike Mayor]

How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

You are right! Trading is also gambling but the nature is completely different here. Trading is probably the only one type of gambling which is legal across the world. But gambling in its true sense, is legal in few countries. However, in trading, people take calculated risk and in gambling, you bet for your fate. Otherwise, you giveaway your money to the gambling website owner.

With my long trading experience I can vouch for trading. I started with a very little amount earned from signature campaign and now I have enough money to sustain my self for another 3 months without a job. So if you can play it right in trading, you will be rewarded suitably, unlike gambling!

You can trade with accuracy. You can minimize your losses. It is a risk and it is like taking a gamble but the gamble is usually in your favour or you shouldn't be taking it. I think too many people think it's quick and easy money but it is not. You need consistency and not to give up. You need to do your research and even keep up with the latest of the coins in social networks so you dont fall behind. Constantly checking the markets. It is lots of work.

[stolendata]

Major difference between gambling and trading:

Gambling is always a risk seeking activity, no matter what you are playing against negative odds, it is either win or lose type of game.
Trading however might be considered as risk aversion method of earning money, you have mechanisms which will help you to minimize your loses (to certain degree).

yes that is right to say as in trading we need our skill and previous experience and therefore it will become very easy for use to make money from trading, while in gambling we do not need for any experience and we mostly depend on our luck in gambling.

[ManOnTheMoon]

Major difference between gambling and trading:

Gambling is always a risk seeking activity, no matter what you are playing against negative odds, it is either win or lose type of game.
Trading however might be considered as risk aversion method of earning money, you have mechanisms which will help you to minimize your loses (to certain degree).

yes that is right to say as in trading we need our skill and previous experience and therefore it will become very easy for use to make money from trading, while in gambling we do not need for any experience and we mostly depend on our luck in gambling.

No strategy will help you in winning in gambling as it is purely dependent only on luck and it will give you positive results only if luck favors you and most of the times you will be getting nothing from it but in trading if you have enough experience then you can come up with good strategy which can help you in making good profits on regular basis.

[Ipwich]

Major difference between gambling and trading:

Gambling is always a risk seeking activity, no matter what you are playing against negative odds, it is either win or lose type of game.
Trading however might be considered as risk aversion method of earning money, you have mechanisms which will help you to minimize your loses (to certain degree).

yes that is right to say as in trading we need our skill and previous experience and therefore it will become very easy for use to make money from trading, while in gambling we do not need for any experience and we mostly depend on our luck in gambling.

No strategy will help you in winning in gambling as it is purely dependent only on luck and it will give you positive results only if luck favors you and most of the times you will be getting nothing from it but in trading if you have enough experience then you can come up with good strategy which can help you in making good profits on regular basis.

I'm pretty sure that is not a conclusion, one can be successful in gambling if he have the skills, I have a family member who are making a living in gambling and he gets high respect from us because we know how hard the journey to be a gambler. He is actually a poker player and believe it or not, he was able to build his own home, raise his kids in a good school and bought a car from his earnings in gambling.

Luck based and skilled based games can give your fortune but so much chance you can get in a skilled based games.

[ImHash]

I'm pretty sure that is not a conclusion, one can be successful in gambling if he have the skills, I have a family member who are making a living in gambling and he gets high respect from us because we know how hard the journey to be a gambler. He is actually a poker player and believe it or not, he was able to build his own home, raise his kids in a good school and bought a car from his earnings in gambling.

Luck based and skilled based games can give your fortune but so much chance you can get in a skilled based games.

Yup, one of my family members was also a successful gambler but lost a few houses and few times even the wife was an old fashion style playing with bones and coins. everyone will eventually get greedy and lose big after all your opponents should win as well right?
But remember when you trade you are giving something valuable and taking something of somewhat equal value instead while when you gamble you are either giving everything you've got or taking everything they've got.

[ethereumhunter]

Major difference between gambling and trading:

Gambling is always a risk seeking activity, no matter what you are playing against negative odds, it is either win or lose type of game.
Trading however might be considered as risk aversion method of earning money, you have mechanisms which will help you to minimize your loses (to certain degree).

yes that is right to say as in trading we need our skill and previous experience and therefore it will become very easy for use to make money from trading, while in gambling we do not need for any experience and we mostly depend on our luck in gambling.

No strategy will help you in winning in gambling as it is purely dependent only on luck and it will give you positive results only if luck favors you and most of the times you will be getting nothing from it but in trading if you have enough experience then you can come up with good strategy which can help you in making good profits on regular basis.

I'm pretty sure that is not a conclusion, one can be successful in gambling if he have the skills, I have a family member who are making a living in gambling and he gets high respect from us because we know how hard the journey to be a gambler. He is actually a poker player and believe it or not, he was able to build his own home, raise his kids in a good school and bought a car from his earnings in gambling.

Luck based and skilled based games can give your fortune but so much chance you can get in a skilled based games.

beside having skills, don't forget that if the person have luck in gambling, then he can be successful too like pro gambler but its only a few people that can be like this. in trading, if we want to reach the profit, we need to learn some basic trading tutorial, we need to learn about how to catch the timing of buy and sell, we need to analyze the chart, history of the coins and more.

[deisik]

Major difference between gambling and trading:

Gambling is always a risk seeking activity, no matter what you are playing against negative odds, it is either win or lose type of game.
Trading however might be considered as risk aversion method of earning money, you have mechanisms which will help you to minimize your loses (to certain degree).

yes that is right to say as in trading we need our skill and previous experience and therefore it will become very easy for use to make money from trading, while in gambling we do not need for any experience and we mostly depend on our luck in gambling.

No strategy will help you in winning in gambling as it is purely dependent only on luck and it will give you positive results only if luck favors you and most of the times you will be getting nothing from it but in trading if you have enough experience then you can come up with good strategy which can help you in making good profits on regular basis

That all depends on the type of gambling

If it is purely luck based (actually, luck minus house edge), then you are set to lose if you continue to gamble indefinitely, so your only chance is to just "hit and run". In other games, which are based on both luck and skill (e.g. poker, as others have already mentioned), your chances increase with the experience you get over time (trading can be considered as such gambling too). But you should also have inclination and overall predisposition for a specific type of gambling to get to the top. Otherwise, you will be just wasting time and money

[Jasad]

Trading is different than Gambling because they're based on the real business, real people , real coin, that you should have information before you doing trade.
Gambling is just invest on a percent that can give you back the reward, the profit. Anything can happen.

Trading is not gambling because you are holding your funds in your hands and your results will depend on how you play with market where as in gambling you simply put your money and hope that you will win and that will depend only on luck.

those people who yelling about trading = gambling ,
are the one who feel disappointed on their trading status ,
they feel it is just the same thing as gambling as they can't predict the market ,
so indeed it feels just guessing , but actually pretty much different.

They are not the same and they are different trading is a good choice since you can gain more profit if you are trading in altcoin because the movement of the price is more high increase and cheap altcoin.. unlikes in bitcoin that you can see the price is high and it took hours or days or week before you can see that you made profit or you lose but you can be still hold it for a long time and maybe the price of that altcoin will be more price high like dash.. i am collecting in the faucet of dash before.. but the problem i forgot my wallet because collecting bitcoin is more worth..
Gambling is gambling and you are enjoying and halving fun if you gamble and most of the people in gambling are greedy..

altcoin market have more volatile , no wonder it is hard to predicted right ,
bigger risk too when you want to trade on an altcoin that have a high volatile level ,
doesn't matter about the value , the risk and the way trading to earn profit are almost just same as gambling,
can not really distinguish between both .

[justdimin]

altcoin market have more volatile , no wonder it is hard to predicted right ,
bigger risk too when you want to trade on an altcoin that have a high volatile level ,
doesn't matter about the value , the risk and the way trading to earn profit are almost just same as gambling,
can not really distinguish between both .

Yes, many people here are just comparing trading with gambling, but I too agree that altcoin trading is nothing but gambling and bitcoin trading is not all the times a gambling. Trading an altcoin until it gets established must be a gambling, this way also bitcoin is an established commodity, we can trade it securely.

[1Referee]

Trading an altcoin until it gets established must be a gambling

In general, if you look at how the altcoin market is set up in percentages, then we have around 2-3% that are coins really adding something, having solid developers on board, support from market movers, etc. Then we have like 8-7% that are coins started up as legit minded projects. After that ~90% are all shitcoins. If you invest in coins fitting in this ~90% shitcoin category, it's gambling. You enter the market at a certain price, where after that you wait a while to see what the price at that later time frame is - If the price has gone up, you win, if the price has gone down, you obviously lose. These coins don't have any future potential, and thus only drive on pumps and dumps.

[densuj]

altcoin market have more volatile , no wonder it is hard to predicted right ,
bigger risk too when you want to trade on an altcoin that have a high volatile level ,
doesn't matter about the value , the risk and the way trading to earn profit are almost just same as gambling,
can not really distinguish between both .

Yes, many people here are just comparing trading with gambling, but I too agree that altcoin trading is nothing but gambling and bitcoin trading is not all the times a gambling. Trading an altcoin until it gets established must be a gambling, this way also bitcoin is an established commodity, we can trade it securely.

Yes trading altcoins will be gambling, if the traders doesn't has rules in trading altcoins ( some people calling system trading and trading plan) the rules of trading are like: when they must be entry in market open positions buy or sell, when exit market had got profit even stop lost if the markets be against their analysis, everything are clear what must be done on every condition of market.

[blackhawkeye1912]

How different is trading from just gambling? I know there seems to be a  big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?

For me trading is like a conventional business type, where you are going to invest something then you need to do some selling through trading it in the exchange platform. While gambling cannot be consider as assets and investment. it is always marked as a game of fun only.