Do we gamble or trade?

[Questat]

Both Hodling and trading carry risks. We just anticipate the price movement which might get wrong due to any of the reasons.

But, despite how risky it was, still we have a way to minimize losses. Like, if we do trading, we don't have to rely on luck. Perhaps, doing it better and enhancing our knowledge and skill helps a lot more than speculating the market.
We have to be clear that trading is really different from gambling. Gambling was just 50/50 chances of winning, unlike trading which we can increase it by working it hard and pushing ourselves to the highest level.

[BlockChainMentor]

Without knowing the fundamentals of market and cryptocurrency then you are not trading you are gambling and if you are investing your money wisely with all the knowledge then you are real trader

[deathcode]

Both Hodling and trading carry risks. We just anticipate the price movement which might get wrong due to any of the reasons.

But, despite how risky it was, still we have a way to minimize losses. Like, if we do trading, we don't have to rely on luck. Perhaps, doing it better and enhancing our knowledge and skill helps a lot more than speculating the market.
We have to be clear that trading is really different from gambling. Gambling was just 50/50 chances of winning, unlike trading which we can increase it by working it hard and pushing ourselves to the highest level.

Trading will be different from gambling. because trading is not just a result of luck alone. there may be a new trader who trades from his luck alone. yes maybe it exists, but it's not necessarily owned by people.
Gambling is simply betting on the outcome of luck. there is no analysis, although it is possible to calculate the odds of winning and losing. but we can't control the bets we've made.
will be different when traders want to sell or keep holding the assets they have. control of the assets traded is 100% in the control of the trader.

[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.

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

I never said it's solely based on luck. Please read my post again.
You need luck alongside of research if you want to be successful in trading, especially on some occasions. Sure, if you have enough knowledge on trading analysis but having bad luck with how you open/close your trade then yea it's just bad anyways. You need a bit of luck on your side and you can't deny that, it matters on real life as well.

[topman21]

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.

[lienfaye]

Without knowing the fundamentals of market and cryptocurrency then you are not trading you are gambling and if you are investing your money wisely with all the knowledge then you are real trader

Similar to gambling but we're not only relying on luck. As you have point out if you know and learn about crypto market and the fundamentals then you're using your knowledge to have a positive result on your trades.

On the other side, if you know nothing about crypto and not taking time to gain knowledge and make your own analysis then it's like gambling since you're relying on luck to gain, even you dont exert much effort as a trader.

[andriarto]

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.

in trading before we make a transaction, of course we have made a trading strategy, so when we make a transaction then if the market moves not according to plan, we already know the risk of losing. and of course this will be the same in determining the target, so there is no greed that will actually make us panic because the market reverses direction. so trading is not gambling. but many people trade by gambling

[kapalmabur]

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

[milewilda]

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 could really make out some differentiation on the time you do able to experience both things on which you could really able to find out on what are the main things needed and what are the things
that they do differ in terms of risk.If we do make trades then of course it would really be requiring some skills and knowledge unlike when you do gamble then it isnt really just too complex
to understand unlike trading which it does really require long time of experience and engagement before you do able to hone up those skills personally or on your own.
Lots had been trying out on making their trading skills to be more precise and effective but achieving this wont really be that easy.

[Russlenat]

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.

Trading like gambling will most likely to resort into losses, so better stay away in trading if you are not even sure of yourself if you are capable on it. But even if trading is very risky, as long as you always prepared for it and you have the skills and strategies to combat the risk, then the result will not end up like gambling as you are likely to gain profits than losses.

[Sanitough]

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. Besides that, in my few years staying here in the world of cryptocurrency I also found out that there are actually other exchanges that exist here that make fake volumes, so that maybe they can attract traders who will buy their tokens that are listed on their platform, this is always a business and maybe this is also one of their strategies for the sake of profit.

Cryptocurrency trading can be classified as a business but can also be considered as a form of gambling due to the risk involved and how the big players manipulate the market for their own selfish gain.
Having said that, in the early days of the crypto market I am talking about 5years ago. All the existing crypto exchanges as guilty of fake volume and including the CMC and Binance but they are somehow careful now that the SEC appears to pay attention to insider manipulation of the market.

These exchanges who are guilty of fake volume may be somehow controlled but stopping them would be hardly possible as they are also gaining good amount from it. So as much as possible, never trust new exchanges. DYOR first so that when you see red flags, then you will never end up compromising your money and lose them quickly just because you trusted a bad exchange or platform.

[lixer]

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.

[suzanne5223]

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. Besides that, in my few years staying here in the world of cryptocurrency I also found out that there are actually other exchanges that exist here that make fake volumes, so that maybe they can attract traders who will buy their tokens that are listed on their platform, this is always a business and maybe this is also one of their strategies for the sake of profit.

Cryptocurrency trading can be classified as a business but can also be considered as a form of gambling due to the risk involved and how the big players manipulate the market for their own selfish gain.
Having said that, in the early days of the crypto market I am talking about 5years ago. All the existing crypto exchanges as guilty of fake volume and including the CMC and Binance but they are somehow careful now that the SEC appears to pay attention to insider manipulation of the market.

These exchanges who are guilty of fake volume may be somehow controlled but stopping them would be hardly possible as they are also gaining good amount from it.

The exchanges that fake volume may appear to be hard to control but once it's a CEX, not DEX, the exchange will have a price to pay now or in the future when the insider man manipulation is exposed and they have to choose either having a problem with the law which would cost them their reputation or let the market operate fairly.

So as much as possible, never trust new exchanges. DYOR first so that when you see red flags, then you will never end up compromising your money and lose them quickly just because you trusted a bad exchange or platform.

I agreed with what you said about never trusting new exchanges because I was once a victim of one which end up as an exit scam but it's hard to foresee the red flags of crypto exchange unless the SEC intervenes.

[jossiel]

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

That's it, in trading, you need to understand the whole thing and the market for you to make a difference and earn from it. While in gambling, there's also the same thing you need to do but it's for particular games.

But to gamble wholly, you don't need that much to think of what you must do because you can just sit down and play those games that are basing the results on luck.

We can't change that fact and every gambler and trader knows it.

[Finestream]

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.

Probably those included in the list have good reputation and would not do anything to ruin their own reputation, but still when buying crypto assets, we should still be cautious and mindful all the time. It’s the only way where we can avoid failures that resorts into losing our money and eventually lose everything. The reason why we should never trust exchanges the moment red flags setting in.

[BitcoinPanther]

Some people doesn't believe that their is a huge difference between gambling and trading. But they seem it as something that have to deal with chance of luck. In the normal circumstances trading deals with calculated measure that deals with precaution and at that same vain it directly goes with your wisdom of understanding it, by reading and examine the chart, so the interpretation of chart will make you to know the tendency of making profit in trading. So that's the elementary thing a trader study to be successful. But gambling is not skill like trading. So their is difference between them.

Those people who are confused between trading and gambling doesn't have a good grasp of what trading is and also have a little knowledge on gambling stuff.  There is a huge difference between the two, though there is a very thin line separating the two activity.

The huge difference between the two is the level of risk and the risk management approach.  Trading risk can be easily manage if a person is well verse with technical analysis and fundamental analysis while in gambling there is nothing to help us in avoiding the risk of losing since gambling relies on chance or luck to win.

The thin line separating the two is the preparation of trader during his trade.  If the trader just blindly putting buy order and sell order on a random asset without knowing or researching about it then that trader is making a gamble of his money.

[dataispower]

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.

[Awwal08]

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.

[awik p]

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

[palle11]

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.

But gambling is more risky than trading because gambling is that you can lose everything you invest, it cannot be control when losing.

Not really because you can also lose all the money you are trading with of course that is the situation. Gambling and trading are losing inclined.

Gambling can be controlled when you control yourself from staking more after losing initial bet 

Please go for trading it will give you relief and scene of reasoning.

If you understand it but if you don't, you can stay away .