Do we gamble or trade?

[Kelvinid]

People will react on this with the level of their understanding, because their is difference between gambling and trading, i know that the two embraces risk. But one thing i find out in gamble is that it's a game someone else will determine if you will lose or you will make a profit. Why trading is like institution where you will learn different methods of ways to make it, if you understand the primary things concerning trading, you can skip the forms of getting lose everytime. You can control your risk according to the last comment of someone here.

Trading is something complex, where there are several factors that can influence it. many of us are looking for the right method for ourselves to make a profit, and besides that we are required to remain calm and disciplined with the plans that have been made previously, because in many cases we actually experience panic when trading so this has a bad impact on decision making at the end of trading

Well, I guess not. As long as you know that you are in trading, it is for sure you are acting to trade and do your best to make things right without thinking that you are gambling. In fact, it was too obvious to differentiate the two and we know that trading needs knowledge and skill, not LUCK, unless if you are gambling.
In the case that panic arises, you'd better stay away from trading as this is certainly not for you. We can't rely on LUCK in trading or else, we are putting our trades to 50/50 chances of winning which in fact, we can make better than that.

[Hamphser]

People will react on this with the level of their understanding, because their is difference between gambling and trading, i know that the two embraces risk. But one thing i find out in gamble is that it's a game someone else will determine if you will lose or you will make a profit. Why trading is like institution where you will learn different methods of ways to make it, if you understand the primary things concerning trading, you can skip the forms of getting lose everytime. You can control your risk according to the last comment of someone here.

Trading is something complex, where there are several factors that can influence it. many of us are looking for the right method for ourselves to make a profit, and besides that we are required to remain calm and disciplined with the plans that have been made previously, because in many cases we actually experience panic when trading so this has a bad impact on decision making at the end of trading

Its indeed complex but there are people who do really thought that it was really that simple on dealing with this market and on the time that they do able to face up the reality and been committed lots of mistakes

then this is where they do realize that this isnt something simple to deal with.You would really be just able to find out on the time that you do able to engage on.Trading would really be ending up on being like a

gamble if you dont know on what you are doing.Trading does really require knowledge and skills on dealing with it because doing steps without having knowledge is just simply a gamble.

[Viscore]

OP are you trying to say that is trading similar to gambling?
Let me tell you that when you use all your capital in one shot with high risk, then it is considered as gambling.
If you do same with trading, I mean increase the risk, then it’s not less than gambling.
I would rather suggest if you want to trade with high risks, then better do gambling and give it one shot.
My suggestions might vary from others here, but yes that’s suitable and more appropriate.

I guess OP doesn't mean literally gambling but this "take risky action in the hope of a desired result", this is the other meaning of the term "gambling", or to simplify it we could use the term "risk"(ing). Trading and the literal gambling however is exactly not the same thing, for me which I agree with. Gambling is simply on a different level that does not require any possible knowledge to defeat the odds of the game in which the house made. Therefore gambling that is luck-based should not be compared to trading, and not even the rest of it.

Trading is much more profitable if you will put extra effort on things that you should know before risking your money on trade, especially in futures trading. Trading is much easier for me than gambling, that's just my opinion.

Trading will come easier for us if we know how to lessen the risk and create more chances of winning or making profits. That is why when we trade, we should be more like professionals instead that are trading with good strategies in the market and with good market analysis. Otherwise, we end up like gambling if we always take for granted every time we decide to trade.

[Patigi]

I don't think we gamble, but I suppose we trade. To my knowledge, gambling entails placing money on something so that if you lose, you lose it all, and there is no way to recover what you have lost. However, when it comes to explaining trade, it also involves whether we win or lose, but there is a high likelihood that we won't lose everything when trading, and there is also a good chance that we will gain in the future. Let stop comparing the two words even both risk and luck.

[Rockstarguy]

People will react on this with the level of their understanding, because their is difference between gambling and trading, i know that the two embraces risk. But one thing i find out in gamble is that it's a game someone else will determine if you will lose or you will make a profit. Why trading is like institution where you will learn different methods of ways to make it, if you understand the primary things concerning trading, you can skip the forms of getting lose everytime. You can control your risk according to the last comment of someone here.

I agree with you saying both embraces risk. But gambling is more risky than trading because gambling is that you can lose everything you invest, it cannot be control when losing. Trading is controllable in times of losing or making profits. Please go for trading it will give you relief and scene of reasoning.

Winning gambling is under probability that the results is not certain,  it is totally different thing from trading. Trading is about training,  learning to make profit.  Though trading and gambling are risky but gambling is more risky than trading because it can't be controlled.  We can reduce the risk in trading by learning more. When a trader lacks knowledge in trading,  then trading can be as gambling because the risk involved will be exactly just as gambling.

[batang_bitcoin]

I don't think we gamble, but I suppose we trade. To my knowledge, gambling entails placing money on something so that if you lose, you lose it all, and there is no way to recover what you have lost. However, when it comes to explaining trade, it also involves whether we win or lose, but there is a high likelihood that we won't lose everything when trading, and there is also a good chance that we will gain in the future. Let stop comparing the two words even both risk and luck.

People have that understanding when you take risk, you're gambling. And that's why for those people that don't really gamble and trade, they're having that belief that both are just gambling no matter how good or bad you are in both of it.
You place trades, they'll think that you're gambling. You gamble and then they won't think that you're trading, so that's the difference in that thinking but otherwise, they think of it as the same.

[BobK71]

People will react on this with the level of their understanding, because their is difference between gambling and trading, i know that the two embraces risk. But one thing i find out in gamble is that it's a game someone else will determine if you will lose or you will make a profit. Why trading is like institution where you will learn different methods of ways to make it, if you understand the primary things concerning trading, you can skip the forms of getting lose everytime. You can control your risk according to the last comment of someone here.

I agree with you saying both embraces risk. But gambling is more risky than trading because gambling is that you can lose everything you invest, it cannot be control when losing. Trading is controllable in times of losing or making profits. Please go for trading it will give you relief and scene of reasoning.

Winning gambling is under probability that the results is not certain,  it is totally different thing from trading. Trading is about training,  learning to make profit.  Though trading and gambling are risky but gambling is more risky than trading because it can't be controlled.  We can reduce the risk in trading by learning more. When a trader lacks knowledge in trading,  then trading can be as gambling because the risk involved will be exactly just as gambling.

Trading can never be gambling both are different from each other. It can be compared to gambling when a trader trades without proper knowledge. Just as there is a certain amount of risk in trading without understanding, there is always a risk in gambling. So just only trading does not make you a real trader, that is why proper knowledge is required which a trader has to acquire before trading.

[Digital_Lord]

If one think that crypto is a gaming then it will be onerous to get best sum from crypto although there are multiple of gaming projects in crypto but crypto itself is not just like a game. Always concentrates and think seriously about your profit and loss. May be due to riskier nature of crypto people consider it as a gambling but trading in crypto often requires much attention than any other money generating mechanism.

[bitgolden]

Gambling definitely doesn't need to learn anything and isn't as complex as trading,
i totally agree that gambling depends on luck and that is the fact,
trading requires knowledge and skills

Depends on the type of gambling games. For me I find it difficult to place a bet in sports betting because every platform that I visit seem to be the same. The interface or the menu is so confusing but even if I figured it out, I still need a good knowledge on how the team plays so that I can increase my chances of winning. I can say that the complexity in sports betting can be the same with trading.

Sports betting again doesn't totally rely in luck, same with trading but you need a tiny pinch of luck in order to be successful in difficult situations. When we trade or play gambling, we gamble money but trading and gambling are both different activities.

Not really, it  depends on the way we trade. Betting is always a losing game and you will lose as long as you bet against the house, and even if you play games like poker the house always wins because of the rake and the money in the middle will go to them if you play long enough. That means we are going to always lose when gambling no matter what the game is.

However, when we are trading if we are a good trader then we will make a bit of a profit, but if we are a bad trader or a newbie one then we are going to lose money as well. So, it is not the same thing if we know what we are doing, but could be considered same for a newbie who is just starting out.

[Phyllomania]

Gambling or trading depends on our approach. Trading is done with proper analysis and risk management whereas gambling has nothing to do with analysis or risk management. Gamblers either win or lose their entire capital.

[gunhell16]

remember, trading with gambling is very different, it's just that our way must be right,
trading without knowing how to trade is clearly not trading, because trading must have knowledge,
about reading technicals, reading fundamentals etc., without that all traders can be said to be gambling.

Yes indeed tide is one thing and trading is another thing. There is no question of trading with gambling.To trade we really need to know a lot about trading. If we are not well informed about trading then we will lose a lot from our trading platform.And gambling is where you place bets. Gambling depends entirely on luck.

Gambling definitely doesn't need to learn anything and isn't as complex as trading,
i totally agree that gambling depends on luck and that is the fact,
trading requires knowledge and skills

You indeed said that gambling is always a matter of luck, that's why many people rely on luck, and most of them have taken years or even decades to practice gambling but not they still achieve the luck they long for to get the jackpot.

Whereas the practice of trading here in cryptocurrency can be compared to what an employee does, you just don't have a boss and time chasing that's the only difference, because it requires knowledge and skills, you can't be without it, not like gambling in crypto is not like that.

[Zanab247]

Yes, we trade in the market to ensure will achieve something reasonable that will make us feel good, and to attract more people to know how important trade is to humanity in the community. Those that gamble in crypto trading, always find it difficult to get it right by earning well from the market than to feel bad in the market because they gamble the market price without listen to their personal trading strategy. since we are still in the bear market, don't gamble by releasing your coins to the market in this bear season, because you will not earn a good profits from the market.

[cozytrade]

It depends on your strategy and action. If you are trading without any strategy, you are gambling. Also, if your strategy is to listen to everyone's opinion and take actions based on those is considered to be gambling because technically you are not listening to anyone at all.

If you have a strategy, you must be consistent with it. It's not just you think I will do this and that. It will be based on certain market movements and actions based on different circumstances.

[monineklutak]

It depends on your strategy and action. If you are trading without any strategy, you are gambling. Also, if your strategy is to listen to everyone's opinion and take actions based on those is considered to be gambling because technically you are not listening to anyone at all.

If you have a strategy, you must be consistent with it. It's not just you think I will do this and that. It will be based on certain market movements and actions based on different circumstances.

In trading, of course, it is very important to have your own strategy.
indeed it is not an easy thing to find a strategy that suits us because it takes time to try several strategies,
if we just trade without a clear strategy it can be said to be gambling

[milewilda]

It depends on your strategy and action. If you are trading without any strategy, you are gambling. Also, if your strategy is to listen to everyone's opinion and take actions based on those is considered to be gambling because technically you are not listening to anyone at all.

If you have a strategy, you must be consistent with it. It's not just you think I will do this and that. It will be based on certain market movements and actions based on different circumstances.

In trading, of course, it is very important to have your own strategy.
indeed it is not an easy thing to find a strategy that suits us because it takes time to try several strategies,
if we just trade without a clear strategy it can be said to be gambling

When you are dealing with things which does require strategy then it would really be just right that you should really have one rather than on proceeding or going on without having any preparations is something that
can really be called as gambling.When we do make out some trades then we should really be needing to have strategy.It would be a never ending kind of search and learning considering this market is really
truly that unpredictable and there's no such thing about precise strategy that would assure out profitability.When we do trade then we should really make ourselves that prepared.
Its a never ending trial and error on finding out on what strategies would suit out on different conditions that you might encounter.

[kamvreto]

~snip~.When we do trade then we should really make ourselves that prepared.
Its a never ending trial and error on finding out on what strategies would suit out on different conditions that you might encounter.

Be prepared for all things that will happen and including the risk of loss that must exist. Ordinary people who start to get into gambling are sometimes only mentally prepared but not for the knowledge of trading, this is a gap that will make these beginners practice gambling more than trading.
Knowledge of trading will be beneficial to find out what suitable strategies can be combined with several indicators and the like.
if you don't understand thoroughly, at least understand the basics of trading and the difference between real trading and trading that looks like gambling.

[nurilham]

In trading, of course, it is very important to have your own strategy.

Indeed. The strategy has a big role to determine the success of trading. Without a strategy, you only gamble your money. But if you have a strategy, you must use certain ways to increase the chance of success in trading. The success always refers to gaining profits for sure.

indeed it is not an easy thing to find a strategy that suits us because it takes time to try several strategies,
if we just trade without a clear strategy it can be said to be gambling

To find a proper startegy sometimes you need to have a lot of experiences.
You may know a proper strategy after you failed using some strategies previously. So, a proper startegy is obtained from a learning process, it is through mistakes or failures.

[usekevin]

[Fatunad]

My professional way to earn money is trading.But I had some good times with some fun on gambling.Gambling is not a easy one,we should learn it.The time need to learn gambling is 3 times more then a trading.In crypto trading,we had huge signals.We had some paid signals also,by that we can earn a decent profit from the trading.But only in gambling we can had fun using over money.Trading we do by the way to earn some money from it.But only the true gamblers know,gambling is full of entertainment.So gambling is not the earning platform.If you had a idea to do gambling,kindly do it as for the fun.Don’t expect any money from the gambling.It may leads to disappointment by the expectations.

You could really do both things.

Gamble is to entertain yourself and Trade is for investment purposes.We know the differences and we know on what we do need.There are indeed times that we do really just put up too much focus
on something which might result on for you on getting distracted rather than on making yourself get focused specially on trading. Its not bad to have these kind of activities or investment movement
as long you do benefit out and make you feel better and at the same time you do make money then its just common sense on reacting whether things turns out to be good or bad for us.
Just know the risk level involved and deal up according on what you could able to bare out.

[cozytrade]

It depends on your strategy and action. If you are trading without any strategy, you are gambling. Also, if your strategy is to listen to everyone's opinion and take actions based on those is considered to be gambling because technically you are not listening to anyone at all.

If you have a strategy, you must be consistent with it. It's not just you think I will do this and that. It will be based on certain market movements and actions based on different circumstances.

In trading, of course, it is very important to have your own strategy.
indeed it is not an easy thing to find a strategy that suits us because it takes time to try several strategies,
if we just trade without a clear strategy it can be said to be gambling

When you are dealing with things which does require strategy then it would really be just right that you should really have one rather than on proceeding or going on without having any preparations is something that
can really be called as gambling.When we do make out some trades then we should really be needing to have strategy.It would be a never ending kind of search and learning considering this market is really
truly that unpredictable and there's no such thing about precise strategy that would assure out profitability.When we do trade then we should really make ourselves that prepared.
Its a never ending trial and error on finding out on what strategies would suit out on different conditions that you might encounter.

What you have said is true. It is a never-ending learning period. The market evolves over time and provides a unique situation where we had to rethink about our strategy and take action based on our own minds. Experience and knowledge help in this kind of situation. So we must need to keep our strategy tested in every kind of situation we face and change it where needed.