Can trading be likened to gambling and how so?

[gunhell16]

I read a lot here that they compare gambling to crypto trading which is very far from the truth that they are the same.
Crypto trading is a job and gambling is a place where a gambler who loves online games can have fun that includes betting according to what a player has.

Or maybe others say that trading is just like gambling because your assets are used up in the course of trading and their price falls in the market. But that's still not a basis and it's also a wrong understanding because even if the price of the coins you hold in trading falls until you sell them, it can't be said that you've lost, that's not how trading works.

Trading can still end up like gambling if the trader is motivated with greed. He thinks that trading is a get-rich-quick scheme so he eventually jump into trading without considering if he has gained enough knowledge and skills. And turned out losing all his funds just like gambling. While gambling is a game of chance and luck, trading is more on skills and strategies. And it takes prior useful experiences to help you succeed in trading.

Maybe for other gamblers they think that gambling is also a skill, so they also compare trading with gambling,
that's the problem when there is a lack of knowledge in crypto trading.

[Kadal Ijo]

Although trading and gambling opportunities are the same, but I don't agree that trading is the same as gambling, if gambling then we don't need any analysis, but trading requires a deep analysis and also follows the development of the coins we buy, if we are expert For profit is always greater than losing money.

[Charlie1123]

In gambling, you will wager a certain amount of money hoping to win a game and therefore make a profit out of it through your winnings.while In case of trading if we put our money in the stock market, we might invest in a certain stock with the hopes that it will increase in value in the future and thus make you a profit too. If a person trades only to win, it is likely gambling.
With correct knowledge and strategy, we can earn decent money from the markets and that,s called trading

[carlfebz2]

In gambling, you will wager a certain amount of money hoping to win a game and therefore make a profit out of it through your winnings.while In case of trading if we put our money in the stock market, we might invest in a certain stock with the hopes that it will increase in value in the future and thus make you a profit too. If a person trades only to win, it is likely gambling.
With correct knowledge and strategy, we can earn decent money from the markets and that,s called trading

You had concepted about trading to investing because if we do talk literally about trading then it does really involved that active buying and selling on a particular asset neither it would be crypto,stocks or something

like that because if you do tend to hold then thats called investing and its passive which is totally different when you do make trades. Trading could be ending up like gambling if you do make such activity without
knowing even with the simple mechanics or basic thing which is related to it.
Just like on other things which it would be called gambling whenever you do take up risk without having the full idea or knowledge on what you are dealing with.
This is why its really important to consider that before doing anything else then you should  really make yourself aware at least.

[Wakate]

Not  really sure where to drop this thread since it's a compendium of gambling and trading as it seeks to make clearer a blur end.
Which is.
Like the game of chance gambling. Can trading in anyway be likened to gambling and how so?

But before you delve in for contributions, let me throw some light below for a better understanding of the idea behind the thread.

Example:
For when we want to gamble, let say in sport football specifically, we look at certain criteria that aid us to a good bet, such as:
1> Head to Head
2> current form of the club and position on the table.
3> The strength of the opponent, etc.

Likewise in trading before we trade we look as certain measures such as:
1> Market trend and direction
2> The price level, market news and some other criteria too.

Now we all know that before going into trading or gambling its advisable to be emotionally stable and to involve a certain sum you're willing to risk etc, all these are similarities shared both in gambling and trading too.

With  these few above I think a clear discussion can well surface to clear the air about a likelihood or not.

Gambling is just like trading and I don't think there is anything different between it. In trading you have to look at the market and study it using indicators and other tools that makes it easier to understand the market. In gambling too, you have to study the bet you want to bet especially if you are gambling on sport especially football. Gambling and trading has higher risks but people will still prefer gambling to trading because trading needs a lots of efforts knowledge about how the crypto market works.

[Ararbermas]

Not  really sure where to drop this thread since it's a compendium of gambling and trading as it seeks to make clearer a blur end.
Which is.
Like the game of chance gambling. Can trading in anyway be likened to gambling and how so?

But before you delve in for contributions, let me throw some light below for a better understanding of the idea behind the thread.

Example:
For when we want to gamble, let say in sport football specifically, we look at certain criteria that aid us to a good bet, such as:
1> Head to Head
2> current form of the club and position on the table.
3> The strength of the opponent, etc.

Likewise in trading before we trade we look as certain measures such as:
1> Market trend and direction
2> The price level, market news and some other criteria too.

Now we all know that before going into trading or gambling its advisable to be emotionally stable and to involve a certain sum you're willing to risk etc, all these are similarities shared both in gambling and trading too.

With  these few above I think a clear discussion can well surface to clear the air about a likelihood or not.

well yeah seems almost the same but it's clearly that when it comes trading we can assure that despite of losses we still have a chance to regain afterwards, where in unlike gambling that base on luck only and at the same time very unpredictable and the chance of winning is not clear compared to trading especially if you have skills and enough knowledge because surely you can make good return after all your losses.

[tbterryboy]

In gambling, you will wager a certain amount of money hoping to win a game and therefore make a profit out of it through your winnings.while In case of trading if we put our money in the stock market, we might invest in a certain stock with the hopes that it will increase in value in the future and thus make you a profit too. If a person trades only to win, it is likely gambling.
With correct knowledge and strategy, we can earn decent money from the markets and that,s called trading

That if we are talking about the stock market but we are here in crypto so the one that we will be using is cryptos. Investing is more on a passive side but this is not included in this topic anymore as the op only said trading. People do trading because they want to earn a profit and not to have fun. Trading cryptos are very risky because cryptos are highly volatile than the stock but both are still considered to be a gambling because we can't predict accurately if when will the price head to.

The only main difference of gambling is that you can have fun along with earning some profit but many people disregard it as it's hard to win in gambling.

[iv4n]

I saw some really funny comments, as always on topics like this one! I will repeat myself, it's not hard for me...

Gambling - take risky action in the hope of a desired result.

So life is gambling! We take risky actions our entire life, and we always hope for the desired result! Gambling is everything, but games are different... with different rules, levels of risk, prizes, etc... but the fact is that if you are risking something to get something you are gambling! It can be your body, soul, or feelings, it can be money in your pocket or anything else that has some value! Because if your bet doesn't have a value your don't risk, so you don't gamble!

Trading is a skill-based gambling game! And if you wish to win in that game you need to know the rules, and how to play it... the better research you do to prepare yourself the better results you will have! If you just trade on your feelings it's the same as choosing some random sports team to win in some random game! You will win sometimes, but mostly you will be faced with losses!

[lalabotax]

Although trading and gambling opportunities are the same, but I don't agree that trading is the same as gambling, if gambling then we don't need any analysis, but trading requires a deep analysis and also follows the development of the coins we buy, if we are expert For profit is always greater than losing money.

I think the opportunity to succeed in gambling and in trading is different. In gambling, we totally rely on our luck. While in trading, we can optimize the chance to succeed by learning and having a good experience. Regarding the analysis, I think both in gambling and in trading, people probably use their own analysis. In gambling, people analyze how to play gambling games effectively. While in trading, people analyze the market trends and price history at least.

[uchegod-21]

Trading is not gambling and gambling is not trading. But trading came be likened to gambling in one condition. When the trader doesn't know anything about trading. He doesn't also know about chart movements, does not understand the market movements and price movements. When he doesn't have a working strategy, maybe he just enters market and expect to make gain, by this we can say that the trader is gambling. Even gamblers will be better than the trader because gamblers have what they watch out for like odds and they could make more gain than an inexperienced trader.

[LUCKMCFLY]

It is gambling if you are blindly putting away your money. If you study the market and then make a decision, with a plan, then you are trading.

This, there are in fact some traders out there which cannot be said to be trading the markets as they are not making any kind of analysis when they make their trades and they are just following whatever they have read on social media and they are just hoping for the best, those people are gambling and their presence is very common at most markets, however those which take the time to study each one of their movements and make a trade only once they are sure of what they are doing can be said to be traders and not gamblers.

I know many friends who want to trade and actually do, but they pay some signal groups, which doesn't seem very good to me, because when they say they have losses they have big ones, others prefer to copy-trade, which this practice is It has become very fashionable, in my case I have had the intention of doing copy-trading because at the moment I have no idea what can happen in the market, simply because of the fundamentals that are attacking the world right now, such as covid- 19, possible wars, monkeypox now considered a global emergency. Due to all this it is that I get stuck to do my analysis, I really consider in my opinion that I do not know how to operate in these conditions.

[topman21]

Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.

[Hamphser]

Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.

This is their main difference

1. Trading = Investment
2. Gambling = Entertainment

Trading or any investment could turn out to be a gamble if you do lack knowledge or skills on it.
If you dont like for you trades to be acting like you are doing gambling then better start off on learning things
rather than making actions without any basis.

[Slow death]

With gambling this happens out of statistics and information gathered relative to the players and the teams involved. With Trading this gets completely associated with the market movements and the prediction connective to the past years.

You only pertained to a specific type of gambling which is sports betting. It is very different from slots, baccarat, and other type of games you can find on a casino or gambling website that heavily relies on luck in order to win.

Trading can also be considered gambling for me if someone trades without enough knowledge. Like some people that do leverage trading just because it can give you huge return. They don't realize how risky it is and how quick they can lose money with just small volatility.

Trading can still end up like gambling if the trader is motivated with greed. He thinks that trading is a get-rich-quick scheme so he eventually jump into trading without considering if he has gained enough knowledge and skills. And turned out losing all his funds just like gambling. While gambling is a game of chance and luck, trading is more on skills and strategies. And it takes prior useful experiences to help you succeed in trading.

trade cannot end up as a gamble, see an example:

If a person has 100$ and that person trades in bitcoin, then that person buys bitcoin at the price of 20,000$ and the price of bitcoin drops to 15000$, that person is at a loss, but he will only be at a real loss if that person sells , which means that if that person has patience for years they can recover and make a profit

If a person has 100$ and enters a casino and makes a bet that team Z is winning, but then team Z loses? this person lost the 100$, there is no middle ground, this person lost the 100$. in other words, in gamble, you win or lose everything, it is very different from the trade that you can place a stop - loss and you don't lose everything

even when someone is buying and having a loss, buying and having a loss that person will take a long time to lose everything in trading, but the same thing cannot be said in gambling, the risk of losing everything in gambling is so great that it gets scary

[junkerr]

Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.

but does a trader also just need his luck? Gambling also requires skills that must be possessed. I guess it all takes skill and luck if we're going to see how it works and the results it's going to get.
but if you look at skills, I think trading will require something more complicated to learn and understand than gambling.

[Docnaster]

Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.

but does a trader also just need his luck? Gambling also requires skills that must be possessed. I guess it all takes skill and luck if we're going to see how it works and the results it's going to get.
but if you look at skills, I think trading will require something more complicated to learn and understand than gambling.

I do not think that there is any kind of luck in Trading, if we say about gambling we can say one can be lucky but in trading it is all about skills, your knowledge about the chart and about the market. It is only newbies that go to trading withluck and we all know how they end up . The difference between gambling and trading is the luck and skill difference between them.

[Lanatsa]

Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.

but does a trader also just need his luck? Gambling also requires skills that must be possessed. I guess it all takes skill and luck if we're going to see how it works and the results it's going to get.
but if you look at skills, I think trading will require something more complicated to learn and understand than gambling.

I do not think that there is any kind of luck in Trading, if we say about gambling we can say one can be lucky but in trading it is all about skills, your knowledge about the chart and about the market. It is only newbies that go to trading withluck and we all know how they end up . The difference between gambling and trading is the luck and skill difference between them.

Luck do still play a role on trading even though not necessarily because it do base up with analysis and skills but there are indeed times that you could say that you are lucky on making up such position.

I had experience for myself that i had made out orders which is totally opposing on my analysis but it did turn out to be positive which is really something that you can call lucky
but you shouldnt really make yourself believe that it would really be needed most of the time since we arent doing gambling on the first place.

Trading could only be called gambling if you dont have the slightest idea on what it is.

[muarip]

Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.

but does a trader also just need his luck? Gambling also requires skills that must be possessed. I guess it all takes skill and luck if we're going to see how it works and the results it's going to get.
but if you look at skills, I think trading will require something more complicated to learn and understand than gambling.

It depends on your thoughts about gambling or trading. If you describe all luck, how about people who have studied charts for years. Is it all luck? does not seem. It's time for you to think in a positive way.

[kapalmabur]

Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.

but does a trader also just need his luck? Gambling also requires skills that must be possessed. I guess it all takes skill and luck if we're going to see how it works and the results it's going to get.
but if you look at skills, I think trading will require something more complicated to learn and understand than gambling.

It depends on your thoughts about gambling or trading. If you describe all luck, how about people who have studied charts for years. Is it all luck? does not seem. It's time for you to think in a positive way.

I do not underestimate gambling but indeed for a gambling and trading it is different,
trading is really very complicated and complex which is different from gambling which does not need to have special skills,
But again, everyone has their own opinion

[Hamza2424]

Well i would like to say that trading is not at all gambling especially in the case of the apot trading as in spot trading if you have investment in the Potential projects 99% it will be profitable in future and in the case of Future many factors involved here so i would like to trading is not at all gambling but future may be may not ? As In trading ( Spot Trading ) we do our analysis and make a research then make an investment for a period of time then in return we enjoy profit it cant be gambling at all.