Is Trading can be considered as Gambling?

[Debonaire217]

Many of us are fascinated by the profit we get from Gambling through slot machines, card games, dice, and more. But is it rational to think of trading as a form of gambling especially if someone is not really knowledgeable in technical analysis and just trades their cryptocurrencies?

IMO, trading with the default list cannot be considered as a form of gambling as the odds of winning are completely different. In gambling, there's a probability of winning, but in trading, this probability can be amplified depending on how experienced we are in analyzing the market and predicting where the graph could go depending on the market trend, news, and issues about a particular cryptocurrency.

But there's one feature in trading that makes me believe that it is somehow a form of gambling. If you are partaking in some sort of margin trading such as Futures wherein you amplify your risk and profitability in the form of increasing your leverage and you have the chance to go long and short, it gives me the feeling of a 50/50 win rate whether your predictions will be true or not.

Rationally thinking, trading, and gambling have a key difference:
You need not pay taxes in trading or it depends on the jurisdiction of a country, gambling on the other hand requires us to pay huge taxes. Trading's chance of winning can be increased with experience, timing, and knowledge. Gambling has a fixed chance of winning. And lastly, the chance of losing everything in trading is very low compared to gambling which could make you bankrupted in just a day. What are your thoughts?

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[Wexnident]

Err, in its simplest form, I'd recognize Gambling and Trading as both the same tbh, It's like a 50/50 chance always no matter what, of you winning or losing, no matter the influence of whatever outside factors people take into account. Ofc, that is looking only at the result. The process? Well, there's where the difference lies imo. The process is like building the foundations of what you think is right, wherein gambling it's like threading off of a thin path towards a profit, while in trading, you build the blocks for the path you would take. Ofc you can possibly use the process used in trading in gambling, but in the end, gambling is a game of luck, where it's only a 50/50, while in trading, the chances are also the same, 50/50, but traders could find a way to turn that loss into a profit, and vice versa.

[FinneysTrueVision]

Trading requires a higher skill level so it is not classified as gambling even though there are many similarities. They both require a certain degree of risk in order to make a risk. Exchanges make money off of fees so they don't need to fix the odds in their favor which is what you get with casinos. That is one of the key differences. Trading is more regulated so even if there is risk there are also protections for customers.

[Reatim]

The thing is What kind of Trader are you pointing here? because there are types of traders and not all are gambling connected .

But those we called "Risk takers" ? I'm sure they are one of those we can say Considered as gambling because they are only Looking to the possibilities of Increase but smaller chance of gaining,
Not like those "Buy Low Sell High" chances of Gaining is higher but of course Needs Long time to have a result ,not like in Risk taking it can be in shorter time.

[bitzizzix]

In my opinion, gambling is making decisions based on speculation, and investing based on skills and systems that can be learned and besides that Gambling wants instant returns and investments require time and patience.
gambling is usually triggered by the desire to make a profit in a short time, is strongly influenced by emotions such as greed and fear and without prior analysis, whereas investments are made based on a strategy and decided based on research data on market conditions.

[traderethereum]

If you trade without knowing how to analyze the market and only use your luck to make a profit, I will call gambling because you only predict where the price will go.
Even if you use leverage to trade, that will be the same as gambling if you do not have the right info to analyze.
We risk our money in trading and it can lose to make money from trading if we make a wrong analysis, so that is not gambling because we already analyze where the market will go. If we are wrong in analysis, our skills need to improve, and that is not gambling.
But we might have a different opinion about trading is considered as gambling or not.

[btc78]

I never consider Trading as gambling because In Trading we have patter and graphs in which we can use for our activities ,Not like iN gambling that most of the chance to win is Luck and Skills and Knowledge has Limited help.

Maybe at some chances it can be Gamble but Majority of traders i met has a Knowledge and ability to make Money though small amount sometimes.

[ampere]

I do not think you can so much relate trading to gambling because it just doesn't feel to be in the same bracket; why do i say this ? In trading there are several obvious procedures, processes to be followed to ensure that you are end up with profits; but gambling, you do not even have to understand how it works; you can randomly stake on a tie and care less about it winning or losing, because you simply tried your luck. Trading on the other hand does not believe in emotions; hence you cannot rely on luck but reality.

[cryptomaniac_xxx]

Well if you used your emotions specially in predicting your trading activity then it is considered as gambling. But we all know that many traders uses technical analysis and doesn't just trade on hunch and I think that's the main difference with gambling. And the stakes are different though, regardless if it is a sport bet on playing based on pure luck.

[Mauser]

Rationally thinking, trading, and gambling have a key difference:
You need not pay taxes in trading or it depends on the jurisdiction of a country, gambling on the other hand requires us to pay huge taxes. Trading's chance of winning can be increased with experience, timing, and knowledge. Gambling has a fixed chance of winning. And lastly, the chance of losing everything in trading is very low compared to gambling which could make you bankrupted in just a day. What are your thoughts?

In my country I actually have to pay taxes on investing. The tax rate on gambling is higher than for investing, but is still hurting our winnings. If you can get a tax relief on investing this is awesome in my opinion. Taxes are a huge factor in wealth management. With the possibility to get around it I would try to focus on investing more.

[robelneo]

I consider trading as a form of gambling, you can win and lose on both, and experts in both fields advise players and traders to only invest what they can afford to lose, both are on a field that has uncertainty on the outcome, even the best traders are losing because, in any volatile market, there is no such thing as a sure direction or perfect prediction, and both players on their fields are guided by greed.

[Alucard1]

Trading and gambling are. both different things, it uses different strategies to take advantage of winning or in profit but they have somehow similarities, both are risky even though you have the knowledge or no knowledge for both things.

We all know that Trading involves skill compare to gambling especially those with Dice and Roulette that solely depends on luck.

It's true, but there are still some games that require skills to take advantage of, if you have enough knowledge and skills for both gambling and trading then it would be enough for you to win.

[crzy]

Life is a gambling, so trading as well. We do choose either to gamble or not to take risk at all so I personally consider trading as gambling, they are not just the same on making money but its totally the same for me and it will always be. We make and lose money on both ways, and if we do more greedy then the same result will happen, we will lose money.

[swogerino]

This has been discussed several times before here and I think that many will agree that trading is exactly like gambling in my opinion.In both cases you are predicting the future which no one knows so in both cases we gamble.Although in trading you can say that you can make analysis the bottom line is 99.99% have lost money from trading which again make it just like gambling.

[iTradeChips]

The risk one has to go through if he trades is high. But in trading, once you know your strategies then for sure you will always "win", or make a profit. You make calculated risks and execute it perfectly that you will earn even with a high "gamble". Trading might be related to gambling, but the skills needed to trade can be developed. So in the long run you will not lose.

[safari88]

technically you can consider it gambling when you transfer your fund and risk your money hoping that you will get profit just like the gambling the only difference is that in gambling you will have the entertainment while in trading it's more on the technical analysis.

[Bitinity]

I would say day trading is gambling while long term trading (holding) is investing. Trading can be completely gambling when you do it based on your gut feelings only without proper researches. One other thing I'd also say that when you are dealing with odds such as binary trading, it is a gambling.

[stomachgrowls]

Leverage/Options/Future = This is just only my own view and opinion but i do somewhat treat or do have impressions that these are just nearly like with gambling
but somehow you can lessen up the risk if you do really know on what you're doing but i cant really just able to accept the odds on profiting.
There might be traders who do actually make out some bucks but majority do losses on this one.

Spot/swing trades is much preferable but depending on someones risk management because not all would really be that too patient on waiting for long time to see their trade results.
This is why they do really end up on this kind of option.

Trading is never been a gambling but if you do engage on it without proper knowledge or you dont know on what youre doing then it would be consider as one.

[jademaxsuy]

Yes, it could be just like a prediction game. If you are good in predicting bitcoin market movement then you can earn. There are some traders here that are only buying and selling bitcoin holding it for short term like selling it when they had achieve earnings from the bitcoin market movement. I had done this strategy before but you know it so hard to predict bitcoin market and I just made some loses instead of getting profit.

[ReiMomo]

There are too many types of trading, as far as I know, there is day trading and there is long term trading for the basic trading. For the day trading, this is I considered gambling because you are willing to risk an amount like gambling.

However, trading isn't worst than gambling, because trading isn't a pure lack, you can apply technically or even fundamental strategy when you are in trading to increase your chances of winning. Not like gambling that you need, I guess fighting the house edge which only for pure luck.