angaper
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January 20, 2017, 11:10:02 PM |
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I have been a Forex trader for several years, and I can tell you that although both activities are remarkably different, there is a certain level of unpredictability that makes them alike. But there is also a certain professionalism in some gamblers that we could talk about them as a type of traders specialized in gambling because these guys don't like to leave things entirely to chance.
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JeffBrad12
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January 20, 2017, 11:39:14 PM |
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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?
"I buy your stuff with the cheaper price and I sell your stuff with the others with the profit price(combining the capital price + my profit)" I don't see anything is relating to gambling.
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aardvark15
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January 21, 2017, 02:31:29 AM |
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There are different levels of gambling in terms of risk. Trading is not simply a game of chance if you research what you are trading and carefully decide when to buy and sell.
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PokerFace3
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January 21, 2017, 06:49:59 AM Last edit: January 21, 2017, 07:01:03 AM by PokerFace3 |
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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?
There were many situations when sudden fluctuations swallow my capital to make me thinking about the differences between gambling and trading. Because my day long researches were not enough to safeguard me in those times. Many times trading may become gambling still trading will get me chances to get profits but my chances for profits from gambling is always zero. This may be one simple reason why trading can not be gambling all the times.
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MFahad
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January 21, 2017, 07:01:43 AM |
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I have been a Forex trader for several years, and I can tell you that although both activities are remarkably different, there is a certain level of unpredictability that makes them alike. But there is also a certain professionalism in some gamblers that we could talk about them as a type of traders specialized in gambling because these guys don't like to leave things entirely to chance.
If i am asked to tell the difference between trading and gambling in a single sentence, then i can say that Trading by experience or mind and gambling by chance or luck. You dont need any experience in gambling to be able to Win and you cant win in trading without experience.
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nelson4lov
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January 21, 2017, 10:09:26 AM Last edit: January 21, 2017, 10:43:01 AM by nelson4lov |
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Whatever people say for me there is no big difference between trading and gambling
I think the only major difference between Gambling and trading, is the fact that gambling has a much higher risk involved but I can't say the same for trading. Either way though, Both Gambling and trading has to do with correct predictions and getting facts right.
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ikydesu
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January 21, 2017, 10:31:22 AM |
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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?
That's almost same if you not use analyze first, otherwise if you use at least one analyze, for example fundamental, you in trading. If you use random action, actually it's not really count as gambling, considering the platform and system.
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daringdiscovered
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January 21, 2017, 11:02:05 AM |
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Trading is not gambling if you mean the ways to earn profit from it. In gambling you always need luck to gain profit. And you can't always win in gambling, there is always the house where they will prevent you to win more if you aready won some big amounts. While in trading, luck is very optional because there are many ways you can base your trading like graph or some analysis from what i here from expert traders. If you have good knowledge in trading, you can always earn profit from it without relying on your luck.
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iram3130
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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
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January 21, 2017, 11:44:13 AM |
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This is one of the questions which is in mind of most the people from the start. You can't loose everything if you know the basics or if you have even the slightest bit of experience in Trading. But Gambling is purely based on luck, there is no way you will know that you will gain or loose. So Trading may be similar to Gambling for some people but it is not Gambling actually.
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ReLieD
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January 21, 2017, 12:03:15 PM |
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Trading and Gambling are very different. In gambling you have to risk your amount , where as in trading you can make profits according to the offer you get . And there is no risk involved in that. If a person tries to scam you , there are moderators who will look after them. So you need not worry.
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Zadicar
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DGbet.fun - Crypto Sportsbook
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January 21, 2017, 12:16:30 PM |
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Trading and Gambling are very different. In gambling you have to risk your amount , where as in trading you can make profits according to the offer you get . And there is no risk involved in that. If a person tries to scam you , there are moderators who will look after them. So you need not worry.
You didnt get the point here because the word "trading" that is being mentioned here is about trading crypto or forex and not on trading your stuffs to someone.Little bit off-topic here mate thats why you should read it carefuly before commenting about this matter.Back to topic trading is really like gambling because you will need to risk your money to get money but the advantage here is that you could use your knowledge in able to increase your winning chance.
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warwar
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January 21, 2017, 12:34:27 PM |
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This is one of the questions which is in mind of most the people from the start. You can't loose everything if you know the basics or if you have even the slightest bit of experience in Trading. But Gambling is purely based on luck, there is no way you will know that you will gain or loose. So Trading may be similar to Gambling for some people but it is not Gambling actually.
but i think theyre point is trading is like gambling because of the word Risky! we need to take risk to earn or gain profits but i do agree if you know the basics and only small experience in trading you will earn and not loose all of your money unlike gambling you will loose it no matter what. Well as my self trading is not gambling but if talking risk then it is the same
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The_prodigy
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January 21, 2017, 12:43:43 PM |
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Trading is a career that you can be proud of, it requires never ending observation, learning and passion. Its not a game(for me). Gambling is something some can be proud of but mostly not. Also, gambling is some sort of entertainment, they can be similar in some ways too but is completely different.
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bitcoin31
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January 21, 2017, 01:04:22 PM |
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There is a big differences between trading to gambling . Gambling you need to bet your money by playing on it the chances of winning is very low but if your lucky you win sometimes your money 2× or more but it is very risky to play it. Trading is buying an altcoin with the cheap price and then wait the price to increase and then sell it. Trading is a less risky from me. Its give a profit and I cashout bitcoin because of trading. Trading and gambling have strategies and many tips given its your hand how to handle it if you want to follow its your choice.
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xuan87
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January 21, 2017, 02:16:37 PM |
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even though it is almost the same but it has a different, in gambling you really depend on luck to win the game, while in trading you need knowledge and skill to predict the price movement, so it is more predictable, when you trade only based on your instinct that is the same with gambling
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Global LED Adoption Through Blockchain Technology ≒≒≒≒≒≒≒≒≒『ICO IS LIVE』≒≒≒≒≒≒≒≒≒ | |
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marcoman22
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January 21, 2017, 02:24:41 PM |
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Gambling is where you set a particular amount for bet and you cannot change it whether you achieve it or not. But trading is where you can change your decisions upon market situations. Gambling is where you gain profit or loose your total investment based on your luck.But trading is a legit option where you gain or loose depending on your trading techniques and decisions.Altcoin trading is highly volatile when compared to USD/Bitcoin trading.
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PacePay
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January 21, 2017, 02:49:02 PM |
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I do not believe that trading is a type of gambling because in trade a person do not depend on luck and do not lose the control to his money when put in trade. But when he put his money in gambling then he lose the control on that money and then depend one luck that what will happen next. So there is a good difference in trade and gambling.
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crairezx20
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January 21, 2017, 03:23:19 PM |
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I do not believe that trading is a type of gambling because in trade a person do not depend on luck and do not lose the control to his money when put in trade. But when he put his money in gambling then he lose the control on that money and then depend one luck that what will happen next. So there is a good difference in trade and gambling.
You got the point and gambling is just kind of a game that you will lose your money if you play there's no guarantee that you can get back all f your loses except if you win.. unlike in trading that if the price of altcoin or bitcoin are getting low you can be still sell them and recover your lose.. Also if the price is increase there is possibility that you can gain more profit than in gambling..
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Qunenin
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January 21, 2017, 03:23:50 PM |
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I have read many threads like this. But after all, in my view, trading and gambling only same on one point and that is both are risky, Its mean our money on the risk. But personally both have many differences because gambling is a game, and it make because people make fun from gambling and trading is a type of business.
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falala69
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January 21, 2017, 04:33:11 PM |
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For me it is not pure gambling, term "gambling" is when you just depends on luck only. But when it come to trading, there is few factors that you could calculate before you trade X coin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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