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Author Topic: GAMBLING & TRADING  (Read 4915 times)
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May 07, 2017, 08:16:43 AM
 #121

To some extent, currency trading and gambling have much in common and in fact are even very similar. A successful trader can even be dependent on the emotions that he receives.

When you trade without any knowledge then it is almost similar to gambling because it will also become a guessing game that price may go up or down. So if you don't know how it works and any knowledge better to avoid trading and invest that money in some other products for better returns. Otherwise mostly you will lose that money in trading.
I do always see there are people who want to trade in gambling way and some other people who want to gamble in more deterministic way. I'm not sure about the success rate of these people but I wonder why they are into these types of different approaches. Trading and gambling will be getting us perfect results only when we are approaching them in their specified ways.

I believe gamblers who are approaching gambling in trading ways may get chances to find success whereas traders who are trading in gambling way may find difficulties.
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May 15, 2017, 05:56:15 PM
 #122

As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.
According to me Trading is better than Gambling because In Trading you can use your knowledge and experience in order to make money and increase your profits but In Gambling You can't use your knowledge and experience in order to make money Because we all know that Gambling is just a shit game based upon your Luck and I Doesn't prefer anyone to do Gambling because it's not good for their future and they can't be able to win for a long time in Gambling.
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May 15, 2017, 06:00:34 PM
 #123

As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.
According to me Trading is better than Gambling because In Trading you can use your knowledge and experience in order to make money and increase your profits but In Gambling You can't use your knowledge and experience in order to make money Because we all know that Gambling is just a shit game based upon your Luck and I Doesn't prefer anyone to do Gambling because it's not good for their future and they can't be able to win for a long time in Gambling.
All you say is definitely right we can trully say that Trading is much more better than Gambling but it's depend on us on wheter we are suitable. If your suitable in Gambling then go for it and if in Trading then walk and go for it. But all i can say is Trading is much more better than gambling but also gambling is nice if you know what your doing on it.
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May 15, 2017, 07:29:51 PM
 #124


According to me Trading is better than Gambling because In Trading you can use your knowledge and experience in order to make money and increase your profits but In Gambling You can't use your knowledge and experience in order to make money Because we all know that Gambling is just a shit game based upon your Luck and I Doesn't prefer anyone to do Gambling because it's not good for their future and they can't be able to win for a long time in Gambling.

If that is your stand then I have nothing to do with that.

Just concern about your thoughts that gambling doesn't need any knowledge. Im a sports betting enthusiast since then even prior to my presence here in crypto world and obviosuly knowledge is one of the factor that I really need before I can make any fearless bet. Without any knowledge it's a suicide and just giving out money so easily. My winning stats in sports betting so far is doing good so kinda disagree that gambling is just always a shit game and purely based on luck. I do trades also. Both have money at risk and in different system but we can say that the idea is just the same.

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May 21, 2017, 10:12:56 AM
 #125

As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.
According to me Trading is better than Gambling because In Trading you can use your knowledge and experience in order to make money and increase your profits but In Gambling You can't use your knowledge and experience in order to make money Because we all know that Gambling is just a shit game based upon your Luck and I Doesn't prefer anyone to do Gambling because it's not good for their future and they can't be able to win for a long time in Gambling.
All you say is definitely right we can trully say that Trading is much more better than Gambling but it's depend on us on wheter we are suitable. If your suitable in Gambling then go for it and if in Trading then walk and go for it. But all i can say is Trading is much more better than gambling but also gambling is nice if you know what your doing on it.

experience plays for both. when you're experienced in gambling, you're already aware of a lot of difficult situations and probably has a way to run around them like if you're having a bad day or how you're going to manage your capital. same goes for trading though I agree that it's much safer for your money and easier to get sure profits. trading in a way is also gambling with your money but it relies less on luck. systematic gambling if you ask me

 
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May 21, 2017, 10:48:12 AM
 #126

experience plays for both. when you're experienced in gambling, you're already aware of a lot of difficult situations and probably has a way to run around them like if you're having a bad day or how you're going to manage your capital. same goes for trading though I agree that it's much safer for your money and easier to get sure profits. trading in a way is also gambling with your money but it relies less on luck. systematic gambling if you ask me
Do you see current price of all altocoins? If you had bought any of them few months ago you would made lots of money. That can't be compared to gambling in any way.
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May 21, 2017, 11:05:55 AM
 #127

If we talk about risk factor, gambling is riskier than trading as it totally depends upon your luck. There is no sure profit in gambling. But in trading you need skills + luck. By diversified approach, good profit can be made. In altcoin trading you should try to bet on various coins. So if you lose in one you can make profit in other. This way you might get overall profit. So yeah trading is better as you have your control over it to good extent and You will not lose your whole money in one go.
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May 21, 2017, 11:07:00 AM
 #128

Gambling and trading can both bring you profit, in gambling profit in a way that you are going to become an investor the casino's bankroll. And in trading, it's a normal method of buying and selling of an alt coin that you wish to have. I would say that if you want profit, just don't gamble daily with dice or sports betting.



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May 21, 2017, 12:40:44 PM
 #129

As a new member and new in bitcoin commutity i want to make some reviews for my own,, and i thinks words from a real peopl can help me..

Ive seen some people who got some profit in gambling sites and also i see investing to gambling websites.. I just want to know is this is profitable that making trading? I just got some ideas on trading difference currency by reading so trading sites reviews.. And they got my attention to start on trading.
According to me Trading is better than Gambling because In Trading you can use your knowledge and experience in order to make money and increase your profits but In Gambling You can't use your knowledge and experience in order to make money Because we all know that Gambling is just a shit game based upon your Luck and I Doesn't prefer anyone to do Gambling because it's not good for their future and they can't be able to win for a long time in Gambling.
All you say is definitely right we can trully say that Trading is much more better than Gambling but it's depend on us on wheter we are suitable. If your suitable in Gambling then go for it and if in Trading then walk and go for it. But all i can say is Trading is much more better than gambling but also gambling is nice if you know what your doing on it.

If the views of the various advantages, indeed I would prefer a trade rather than gambling. But if the views of all things that exist, I would really like gambling. Because with gambling other than benefit, I also get a lot of pleasure and tranquility therein. Indeed all things have a lot of consideration, so as to be able to get a lot of advantage then we should be able to choose how the best and the best place
 
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May 21, 2017, 12:47:12 PM
 #130

experience plays for both. when you're experienced in gambling, you're already aware of a lot of difficult situations and probably has a way to run around them like if you're having a bad day or how you're going to manage your capital. same goes for trading though I agree that it's much safer for your money and easier to get sure profits. trading in a way is also gambling with your money but it relies less on luck. systematic gambling if you ask me
Do you see current price of all altocoins? If you had bought any of them few months ago you would made lots of money. That can't be compared to gambling in any way.

Yes you are right, even I earned some money from this increase, not much cause I don`t invest much. Bottom line is that both activities can bring good profit, and in the end its good to be active in both of them like I am. It`s easy to register on exchange site, it`s easy to register on gambling site, so try both and if you are good you can make money on both places, how much always depends from money you start with and of course you can always have luck and win something big or bad luck and lose all, nothing is risk free in this world.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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May 21, 2017, 01:12:35 PM
 #131

Gambling and trading can both bring you profit, in gambling profit in a way that you are going to become an investor the casino's bankroll. And in trading, it's a normal method of buying and selling of an alt coin that you wish to have. I would say that if you want profit, just don't gamble daily with dice or sports betting.
First, investing into casino's bankroll is not gambling.
Secondly gambling is not for profit making similar to why we are having trading. I do not know why people are comparing gambling and trading. These are two extremes but people always want to do one of them in another way.

Even you are not gambling daily, there will be no guarantee you will be making profits from it. Because your small profits from multiple day might get lost on one single day of gambling too.
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May 21, 2017, 01:51:37 PM
 #132

Firstly, I like both, i like trading and gambling. But in trading it is more safer than gambling, but it doesn't mean that we can't earn profit from gambling, and we have same risk in both.
But i think mostly people like trading because it suit them, and mostly people like gambling, because gambling suit them, than i think it is depend on our nature which thing we consider that it suit us to earn money.









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May 21, 2017, 02:17:56 PM
 #133

For newbies day trading is the same or even worse than gambling, because in short term the market is very chaotic, every time someone makes a big move, it pushes the market, and you can't predict if someone is going to do it in the next 5 minutes. If you want to do trading, you should start with researching some theory, learn to use all the tools, and start trading with smaller amounts and increase it only when you see that you are achieving a decent profit percentage.

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May 21, 2017, 02:33:40 PM
 #134

For newbies day trading is the same or even worse than gambling, because in short term the market is very chaotic, every time someone makes a big move, it pushes the market, and you can't predict if someone is going to do it in the next 5 minutes. If you want to do trading, you should start with researching some theory, learn to use all the tools, and start trading with smaller amounts and increase it only when you see that you are achieving a decent profit percentage.
Well your right trading determines on our mindset. Being an noob in trading buying a altcoins that doesn't have some oppurtinity or riadmap will be the reason of your loss. So first thing in trading is research firdt in the coin that you will pick right? Because what if it's just a hype pump then you buy in uptrend until the price become 0?

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TopT3ns
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May 21, 2017, 04:31:32 PM
 #135

For newbies day trading is the same or even worse than gambling, because in short term the market is very chaotic, every time someone makes a big move, it pushes the market, and you can't predict if someone is going to do it in the next 5 minutes. If you want to do trading, you should start with researching some theory, learn to use all the tools, and start trading with smaller amounts and increase it only when you see that you are achieving a decent profit percentage.
Well your right trading determines on our mindset. Being an noob in trading buying a altcoins that doesn't have some oppurtinity or riadmap will be the reason of your loss. So first thing in trading is research firdt in the coin that you will pick right? Because what if it's just a hype pump then you buy in uptrend until the price become 0?
follow hype phase or be FOMO i think it is bad for trade, this is what people always do, think coin that already high ane hope to be higher, but always end with loss, people like that maybe that made concept about trading almost same with gambling right ?

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May 21, 2017, 05:09:12 PM
 #136

Gambling and trading can both bring you profit, in gambling profit in a way that you are going to become an investor the casino's bankroll. And in trading, it's a normal method of buying and selling of an alt coin that you wish to have. I would say that if you want profit, just don't gamble daily with dice or sports betting.
First, investing into casino's bankroll is not gambling.
Secondly gambling is not for profit making similar to why we are having trading. I do not know why people are comparing gambling and trading. These are two extremes but people always want to do one of them in another way.

Even you are not gambling daily, there will be no guarantee you will be making profits from it. Because your small profits from multiple days might get lost on one single day of gambling too.
In gambling, if we win some money today, the other day we lose that money in same gambling. Here making income is not possible and stable income you never make it in gambling. But in trading suppose if you lose money today next trade you will make a profit. Once you know how to trade, then you will make continues profit in trading. So there is a lot of difference b/w this trading and gambling.
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May 21, 2017, 05:21:00 PM
 #137

For gamblers who know how to have good bankroll management, the increase in price would actually still be in their favor since it is easier to further divide their bankroll with bitcoin and to better control it. I myself am using mBTCs as units and I simply don't care about their monetary value in fiat since I'm gambling with bitcoin.

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May 21, 2017, 07:23:11 PM
 #138

For gamblers who know how to have good bankroll management, the increase in price would actually still be in their favor since it is easier to further divide their bankroll with bitcoin and to better control it. I myself am using mBTCs as units and I simply don't care about their monetary value in fiat since I'm gambling with bitcoin.

For trading you need knowledge, skills, proper money management, good  mindset. etc. But in general, trading is expected to be game between sellers and buyers. You need money management to handle dropdowns and  trading mindset to cover big losses. In gambling you just need luck, skill is less required in this business model.

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May 21, 2017, 09:05:04 PM
 #139

In gambling you don't have the assurance of income.
It is base on you win or lose.If you gamble with just a small capital you're just hoping to win.You can't play too long.You dont have the chance to win if your capital is no more.
While trading is you have the assurance to gain and profit.Ones you buy goods and items,when you sold it you have rhe profit already.
That in due time you sold it on the season of price increase you gain a high profit.
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May 21, 2017, 09:14:43 PM
 #140

You will just lose money if you gamble, even if you win, you will play more and more and lost more than you even won. The only profitable way with gambling is having you own gamble site or casino, but you need a big capital. Trading is safe, but you need knowledge, too. But you only lose the difference from buy price and sell price and in gambling you lose it all. So, overal, trading is much, much better.

Trading can still be a gamble. I wouldn't call it safe. No one knows what the markets will do and you can lose money quickly with trading as well. It probably is a bit better than gambling though, but still a risk.

If you take the definition of gamble then life itself is a gamble,  and I agree that trading is a gamble but it is not a gambling.  The reason is that risk in gambling cannot be mitigated while risk in trading can be controlled and lessen to nullified its effect.
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