Do we gamble or trade?

[sulendra12]

Indeed, in trading knowledge and skills in analyzing are important to have,
because without having both I think it will only be a waste of time and the results of our trade will most likely lose,
so when compared to gambling it's definitely different because it just takes luck

You also need luck when trading. You probably missed the big profit in just matter of second because you didn't aware with it or buy/sell it at the wrong time so it does quite luck to trade to even make something big. It's not just on trading though, people will luck also have a chance to get something not limited to trading also on real life aspects as well.

[ningrum]

Indeed, in trading knowledge and skills in analyzing are important to have,
because without having both I think it will only be a waste of time and the results of our trade will most likely lose,
so when compared to gambling it's definitely different because it just takes luck

You also need luck when trading. You probably missed the big profit in just matter of second because you didn't aware with it or buy/sell it at the wrong time so it does quite luck to trade to even make something big. It's not just on trading though, people will luck also have a chance to get something not limited to trading also on real life aspects as well.

that's the point we have to learn about technical analysis, if not then that's what happens!,
don't know when to buy and don't know when to sell, and just based on luck? haha I think it's like gambling

[Lanatsa]

Indeed, in trading knowledge and skills in analyzing are important to have,
because without having both I think it will only be a waste of time and the results of our trade will most likely lose,
so when compared to gambling it's definitely different because it just takes luck

You also need luck when trading. You probably missed the big profit in just matter of second because you didn't aware with it or buy/sell it at the wrong time so it does quite luck to trade to even make something big. It's not just on trading though, people will luck also have a chance to get something not limited to trading also on real life aspects as well.

that's the point we have to learn about technical analysis, if not then that's what happens!,
don't know when to buy and don't know when to sell, and just based on luck? haha I think it's like gambling

Everything does involved pure guess and acting out basing on some hunch and intuition without applying the basic principles of trading then this is where you could really called that  you are going gambling.

Trading isnt something that you could just simply put up some position and wait up for the money to come on because thats not how it works and thats not how the market behaves.If you do really have that kind of

wrong perception in mind towards these things then you would really be surely comitting lots of mistakes which is something that you are trying out to surpress when you are doing trading with crypto.
Minimize the risk as possible and learning up technical analysis and other aspects is pretty basic factor which you do mainly needed.

[goinmerry]

To solve that problem by OP, then why not just consider doing trades on top exchanges and platforms like Binance? I know they are also prone to fake volumes and not a perfect tradinf platform but we can bet that's not the case there most of the times. If not preferred using Binance, then another top exchange like Kucoin. Not saying Probit exchange is not that good but since OP wants to avoid the gambling part in doing trades, which can't be avoided, then focus on reputable trading platforms like I mentioned in order not to encounter fake volumes trades.

Either way, it's not always the trading platform as the reason why you will lose on trade but rather your own strategy.

[The Cryptovator]

I learned most of the exchange faking volume even reputed exchanges. Actually, exchanges themselves don't necessarily do that. Exchange just provide zero trading fee accounts to the project to increase their trading volume. It is called MM (market making) account. This volume was also reported to the CMC.

Regarding your title, if you know technical analysis then you are trading. If you don't know anything about how the chart works and technical analysis like me then yea we are gambling.

[harizen]

Alright. We should understand that volume manipulation is already part of the trading ecosystem. Nothing we can do about it.

It was being intentionally done especially at those low marketcap coins to somehow attempt to build a good liquidity of that coin and attract traders to test the waters there. If that's the concern of some people why they think trading is gambling then they are not ready yet to trade.

Stick with top coins for the meantime as a better option. These coins are not prone to fake volumes regardless of the exchange in most cases.

[sana54210]

Gambling and trading in cryptocurrencies go hand in hand.There is no such thing as experience required for gambling. But you must have enough analyzer and knowledge to trade.To trade you must be good at it and stick with trading all the time otherwise you can't be 100% successful from e trading platform now.And gambling is totally a matter of luck if your luck is good then you would definitely get something good from the gambling department.

Indeed, in trading knowledge and skills in analyzing are important to have,
because without having both I think it will only be a waste of time and the results of our trade will most likely lose,
so when compared to gambling it's definitely different because it just takes luck

It's not an easy task to really have that analysis technique down. I mean I have seen people (me lol) who studied the mindset of how to read charts, do fundamental analysis, and many other stuff and people still ended up losing a ton. This is why I have to say that the best thing to do right now would be letting people understand what's going on, and move on with it. This isn't really the important part, if you fail then you fail and nothing is important. What I care about however is that if you fail because you didn't even do it, then it's wrong.

I fail all the time, I am in profit but I do not have 100% rate, I do have wrong trades all the time, but it's not because I didn't study, so that part is important.

[Rengga Jati]

For me crypto trading is a kind of work and in another angle it can also be your own business, it depends on how you manage it correctly.

indeed, Crypto trading will exactly be a work or a job or a min full-time job if someone is really serious about trading. This will be day-trading or other types of trading in which done by the trader itself seriously, regularly, and wisely. Each person may have different strategy to cover their activities in trading. But as long as they have understood the risks, have great willing to never stop learning, d=having good emotional management and control it will be okay for somoen to seriously making tarding as a job. But once more, trading is not a joke because thsi is very risky.

[BuNga_cute]

For me crypto trading is a kind of work and in another angle it can also be your own business, it depends on how you manage it correctly.

indeed, Crypto trading will exactly be a work or a job or a min full-time job if someone is really serious about trading. This will be day-trading or other types of trading in which done by the trader itself seriously, regularly, and wisely. Each person may have different strategy to cover their activities in trading. But as long as they have understood the risks, have great willing to never stop learning, d=having good emotional management and control it will be okay for somoen to seriously making tarding as a job. But once more, trading is not a joke because thsi is very risky.

Some of my friends have made crypto trading a full-time job, and it can be done by people who are experienced in the crypto world. The problem of
crypto trading is not suitable for everyone, therefore more people fail than people who succeed. Because it is not easy to be a successful trader,
it takes patience and hard work to achieve success. I myself have been trading crypto for 5 years and I have lost more than I made profit.
That's why I only make crypto trading as a side job. Based on my experience trading crypto the hardest thing to control our emotions, sometimes
greed makes us make wrong decisions. Then I agree that crypto trading has a high risk, so don't take crypto trading something easy. Many things
we have to learn to become a successful trader, the conclusion is crypto trading is different from gambling, if we have good analytical skills and
have experience, crypto trading can be a promising source of income.

[Nrcewker]

Why we said gamble. This word meaning is very different. Gamble means after sometimes a game is shorted out like betting on cricket or tennis. In some hours you will win or loose that's definit after loosing that you can't take your money back. Now come to trade. This is is now gamble because sometimes a trade which is going in loss can come with big profit in future.

Why to complicate and mix things? It can be understood or learnt in a better way right?
Trading id investment of money, where risk involved is less.
But whereas in the case of gambling, the risk involved is very high.  Keep in mind that more the risk more is the profits.
So when you trade with high risk for high profit, it can be claimed as Gambling your money.
Actually the thinking procedure of the same thing changes from person to person, so yes for me when we trade with high risks, it is considered as gambling.

[maydna]

You should realize that trading is not gambling because there is something you should learn before you start trading. Even if you just glimpse the price movement, you are trying to conclude something so that on that basis, you will decide to enter the market or stay for a while. And if you do further analysis, you will find other information that is more useful in making decisions. But if it is gambling, you will not make an analysis but only decide to enter the market based on news that you do not know is true or false. It's a gamble because you don't analyze to find out more about what's going on in the market.

[xSkylarx]

We emphasize again trading is not gambling!

Trading can only be gambling if you don't have any knowledge on what you are doing. There are people that buys a particular coin only because of hype and not doing any research about it where in the end many of them lose money because they bought at peak.

Trading also has less risk because there are things like charts and candlesticks that can help you analyze the risk before executing a trade unlike gambling where you just rely on your luck if you are going to win.

A slew of recent articles has demonstrated that the issue of crypto exchanges faking trading volumes is not going anywhere.

Fake volumes only happens on low cap cryptos or usually shitcoin, trading those can be a gamble because those coins can pump or dump very quick so if you want to be conservative trader, it's better to stick to cryptos that are already popular.

[loveselenagomez]

In gamble there is 100% risk,if you play to get profit after some your all money gone, & in trading very less risk just Hodl to get profit.

[Memorabilia]

That depends on how you trade. If you trade without preparation or a trading plan, then you are gambling.Trading involves proper planning and research. When you gamble, you think of being lucky and somehow make money.

[Rufsilf]

That depends on how you trade. If you trade without preparation or a trading plan, then you are gambling.Trading involves proper planning and research. When you gamble, you think of being lucky and somehow make money.

I'd just do trading because I know how to do it and certainly don't rely on luck, unlike gambling. If this is what we have in our minds, I simply don't think that anyone who is in trading will ask about this.
And that is because we are performing trading, therefore, we are certainly in trading.I think OP needs to clear his mind about what he gonna do. because if he thinks he is in trading, then have to prove that he is really doing it well and use all the resources that he has in order not to rely upon luck and still lose.

[TheUltraElite]

That depends on how you trade. If you trade without preparation or a trading plan, then you are gambling.Trading involves proper planning and research. When you gamble, you think of being lucky and somehow make money.

I can somewhat agree, Gambling is more termed towards trying your luck or going for a EV- scheme. While trading needs backside research and homework to be able to place a spot trade, while leverage means more relying on luck. The boundaries between both might merge at some point but those who trade safe often know their limits.

Keeping yourself limited to spot trading means you are minimizing the amount of gambling you might be doing. That too on the long term scale would mean an even safer process.

In gamble there is 100% risk,if you play to get profit after some your all money gone, & in trading very less risk just Hodl to get profit.

Sport betting, Poker are something that needs skills and these have comparatively less dependency on luck. Trading can be risky too if you are going for those futures and options.

[ningrum]

In gamble there is 100% risk,if you play to get profit after some your all money gone, & in trading very less risk just Hodl to get profit.

just hodl? I think hodl for a long time was just a high risk, just like gamble,
because we don't know the future, and only predict? obviously it's the same as gambling!,
it's better to trade on a daily basis and of course by using technical then you will not feel like gambling

[tvplus006]

Dear Holders
Some buyers are asking about the trading volume on the probit global exchange! It's essential for us that our buyers invest wisely and buy the right asset and deal on a good and safe platform.

At the moment, there are enough exchanges that already have a positive reputation, confirmed over the years, in order to choose a more comfortable one for themselves. Therefore, when choosing an exchange for trading, you should not consider options that lie outside the TOP-20 of the Coinmarketcap rating.

[wxa7115]

In gamble there is 100% risk,if you play to get profit after some your all money gone, & in trading very less risk just Hodl to get profit.

just hodl? I think hodl for a long time was just a high risk, just like gamble,
because we don't know the future, and only predict? obviously it's the same as gambling!,
it's better to trade on a daily basis and of course by using technical then you will not feel like gambling

I don't see anything wrong with that, if you know what you are doing just holding your coins can be extremely profitable, to give you an example even with the current price anyone that bought their coins before 2021 is at minimum breaking even.

Only those that have bought their bitcoin recently are experimenting losses, and even those people can still obtain good profits as long as they hold their coins long enough, and if they still have some money to spare they could even use a dollar cost averaging strategy so they can begin to get profits even earlier.

[Dragonfund]

In gamble there is 100% risk,if you play to get profit after some your all money gone, & in trading very less risk just Hodl to get profit.

When you bet, you are taking a risk with an undetermined consequence. A dice may provide you with varying degrees of confidence and uncertainty because you do not know the outcome, and you may lose all you own, but trading is a different story. When we trade, we make sure that risk is adequately handled, and you can always withdraw your money if the trade is not profitable, you can terminate your trades the instant you realize that you are losing money, but in gambling, your account will become empty the moment your outcome is untrue.