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Author Topic: Is trading gambling in another form?  (Read 1260 times)
Outhue (OP)
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August 25, 2022, 02:22:59 PM
 #1

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.





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August 25, 2022, 02:29:53 PM
 #2

Gambling is gambling, trading is trading. They are not the same, but both are very risky. If gambling, you may not have much to learn, there are varieties of gambling games that is very easy, but if you want to trade, you have to learn it. If I should choose one, I would prefer trading, but the losses can be the same for newbies, even many people that is trading for over a long time can still be losing.

Use the amount of money that you can afford to lose to trade or gamble.

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Jawhead999
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August 25, 2022, 02:46:11 PM
 #3

I put my money to 5 cryptocurrency for 5 years holding, only 2 cryptos is make a good profit, while the other 3 cryptos is make me lost, it's a gambling?

I run 3 business with my own money, only 2 business is successful and make a profit, while the another one is already bankrupt and I lose all of my money, it's a gambling?

I already work for a long time in a small company but got paid under average, someone offer me to work in big company and promise to give me higher salary, but I don't know the boss, the environmental, and the pressure. It's a gambling?

Stop calling all stuffs is gambling when there's a relation about financial or choice, it's completely different since each of them work different.

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August 25, 2022, 02:46:51 PM
 #4

Actually, trading is not too risky as gambling except if you are trading on leverage which is very risky compared to spot trading.
The difference is if you lose in spot trading you only lose a few percent of your holdings compared to betting where you can lose them all.
You have more chance to make a profit in trading if you have knowledge about trading analysis while gambling is always based on your luck.

And honestly, why did you create this thread which is already being discussed here on the forum here https://bitcointalk.org/index.php?topic=5406259.0

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Upgrade00
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August 25, 2022, 04:25:26 PM
 #5

Gambling is betting something valuable on an uncertainty outcome right?
This is the blanket definition of gambling, there are more niche ones which are particularly on placing bets on the outcomes of games.
Gambling as a concept is represented in many things we do; if you take up a new job in a new, developing city with potential for expansion, you are taking a gamble, if you guess an option in an exam, of which you are not sure of the answer, you're also taking a gamble. In this definition, trading has a bit of gambling in it.

Trading is a bit of a gamble, but, it's not the same as placing bets on real or virtual games. It however, has some similarities with them, imo.

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August 25, 2022, 04:43:44 PM
 #6

Trading and gambling are two different entities.

Trading is investing in a business or stock in hope of it rising so you can make some profit.
Gambling is investing or spending on a game and hoping for it to fall out right.
In trading, there are fundamental analysis and critical analysis you have to do before putting your money into it.
But in gambling, you've got zero power or control over it.
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August 25, 2022, 11:13:16 PM
 #7

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Well,  on a deeper context,  I will agree with you that trading is like gambling,  but not gambling itself ,  but also,  I will point out that not all trading are actually like gambling.

First,  trading blindly can be likend to gambling, since that trader is only depending on luck to earn profit.

Secondly, the other trades where the trader knows what he or she is doing,  that is based on the traders market analysis or information he or she has, that trade is guaranteed to yield profit for the trader ~ this is the type of trade that is actual trading,  that is,  trading with confidence and certainty even in a crypto market that is filled with uncertainties.

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August 25, 2022, 11:49:03 PM
 #8

The main characteristic of gambling is not uncertainty of the outcome, it's known probability and fixed odds that are stacked against the player. In trading the probabilities of outcomes are unknown, so you can't even know in whose favor are the odds. If you are doing short-term speculative trading, then it resembles gambling, because it's nearly impossible to make a rational prediction that would be correct more often than not. But long-term investing that is based on some solid analysis is more likely to be profitable than not, so it's not like gambling at all.

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August 25, 2022, 11:56:47 PM
 #9

Gambling is gambling, trading is trading. They are not the same, but both are very risky. If gambling, you may not have much to learn, there are varieties of gambling games that is very easy, but if you want to trade, you have to learn it. If I should choose one, I would prefer trading, but the losses can be the same for newbies, even many people that is trading for over a long time can still be losing.

Use the amount of money that you can afford to lose to trade or gamble.
Gambling is somehow linked to trading but in reality, they are much different. As trading creates more opportunities to win and make profits, while gambling clearly put you into more losses particularly for newbies who  always bet for long and only stops when they start winning. Though both have risks in common, but there is always advantage in trading especially if you become a pro in it since the outcome of your trades will be most likely become successful.

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August 25, 2022, 11:57:23 PM
 #10

If what you are doing is trading but you do it like gambling then that's gambling, I mean if you play it like you are gambling then you are gambling. Trading is different to gambling if you know what you are doing since you do it with your own strategy the same as gambling.

They just said it that trading is like gambling because if you don't know what you are doing then you probably are playing gambling like you are guessing and you trade like you don't have no price target to hit. More like of you're playing just to entertain yourself that's why there's a do your own research and practice the basics first.

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August 26, 2022, 03:55:37 AM
 #11

Gambling is gambling. Trading is trading. You might connect each other in some scenarios but they are completely different. What makes them the same though is you can both win and lose.

Trading can be considered gambling if only you don't know what you are doing. Professional traders tend to win more and loss less. Newbie traders are a complete opposite. In gambling, a professional gambler can still lose more and win less especially if he isn't lucky and newbie gamblers? Well they lose all of their money sometimes in an instant. I don't consider trading another form of gambling for me because in gambling, you need luck while in trading, you need experience and strategies in order to gain profits.

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August 26, 2022, 06:04:28 AM
 #12

Thanks for your answers guys, spot trading is the safest and futures is the craziest, the closest to gambling in crypto trading is futures, I will leave things like this so thanks for all your contributions.





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August 26, 2022, 06:25:02 AM
 #13

As far as you don't know if you will lose or win you are already in a gambling position, when you take a risk on something that means you aren't sure of its outcome so there for its still a gamble for me, trading is predicting where the market is headed, that makes it a gamble.

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August 26, 2022, 08:16:11 AM
 #14

I put my money to 5 cryptocurrency for 5 years holding, only 2 cryptos is make a good profit, while the other 3 cryptos is make me lost, it's a gambling?

I run 3 business with my own money, only 2 business is successful and make a profit, while the another one is already bankrupt and I lose all of my money, it's a gambling?

I already work for a long time in a small company but got paid under average, someone offer me to work in big company and promise to give me higher salary, but I don't know the boss, the environmental, and the pressure. It's a gambling?

Stop calling all stuffs is gambling when there's a relation about financial or choice, it's completely different since each of them work different.

But there is one you have not mentioned which is what that is most pertaining to this discussion, that is crypto tradong itself, some people are not traders but gamblers, example is a person that heard about trading, he just learn the basic and trade with high amount of money, only what he realized are losses, that is not a trader, but a gamblers, anyone that do not make appropriate analyses for trading are gamblers, so some traders are gamblers, but trading is not gambling.

You are right about that, which is what you are trying to prove, that life is all related to gambling.

Trading can be considered gambling if only you don't know what you are doing.
Ignorance is very dangerous, they would think they can do it until they are losing, just like in gambling too, addicts want to turn gambling to a money making opportunity, but they also keep on losing until they experienced the reality.

Thanks for your answers guys, spot trading is the safest and futures is the craziest, the closest to gambling in crypto trading is futures, I will leave things like this so thanks for all your contributions.
All trading are risky, only leveraging makes trading to be riskier. If you go 1x for both margin and derivatives (future), they are not riskier than spot, if you start to leverage, going for 2x and on, margin and derivative trading are considered to be riskier. Derivative trading just give the opportunity to long and short.

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August 26, 2022, 08:52:22 AM
 #15

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Both gambling and trading are risky ventures in which one can either win or make loss. I don't think the term addiction rhymes with trading other that it's counterpart, gambling. Trading may undergo pricing and negotiation, along with delivery and duty charges, whereas I doubt gambling and claiming your reward ever undergoes such process after.  The distinction between both is more than it's similarities. unless you can confidently tell someone you work as a gambler, then there's no reason to think trading could be a form of gambling.

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August 26, 2022, 09:33:23 AM
 #16

Both gambling and trading are risky ventures in which one can either win or make loss. I don't think the term addiction rhymes with trading other that it's counterpart, gambling.
Yes, trading and gambling have more differences than similarities, but you can be addicted while trading.

If a gamblers is addicted, money loss is the end result, but a trader can be addicted, make money and because of that, be devoting more time to trading, having a TV screen for screen trading (I mean watching the candle stick), not sleeping early and sacrificing his time for just trading, but a good trader will make profit than loss.

But on the other side is that a trader can continue to lose and yet continue to trade, that is addiction also. Someone that is trading and losing can be compared to someone that is gamblimg and losing. But that does not mean they are the same, but the losses for gamblers and poor traders can be the same.

Know that you can be addicted to anything, it can be gambling, trading or drug etc, but addiction is not good as it can affect health and wellbeing.

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August 26, 2022, 09:52:28 AM
 #17

If you think about it, there's always a gambling aspect with almost anything concerning making money. Trading is gambling if you don't know what you're doing just as starting a business in a niche you know nothing about is a gamble.

Also, the 6 wins out of 10 trades thingy is oversimplifying it because it doesn't take into consideration the trade sizes. You might only win 6 out of 10, but if you have higher capital allocations on the individual trades on the winning trades, then you're winning a lot more than it looks.

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EarnOnVictor
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August 26, 2022, 11:17:27 AM
Merited by Doan9269 (2)
 #18

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Let me tell you outrightly that trading is not gambling, they are just different. In trading you have strategy, plan and management, so you are not gambling since you know what you are doing. But in gambling, you are doing guesswork, no strategy, or management and you are not having a real plan but using ideas.

And the winning 6 and losing 4 trade you used as an example is the challenge and risk in trading, mind you, the table might turn as a good strategy should win 5, 7,8,9 10 in 10 trades depending on the favorability of the market at that time.

We should all admit that trading does not come easily, it is all about patience, discipline, calculations, a good system, management and time-proof plans that will earn consistently. Earning constantly does not also mean you will win every trade every day, but means that your losses are lower than your winnings and are well managed in a way that will never ruin your trading account as though you are gambling.

there are more niche ones which are particularly on placing bets on the outcomes of games.
Nice! But he is referring to gambling in trading, nothing relating to betting. He wouldn't have linked this together with trading if it were to be gambling in the wider context in which betting is among.

But there is one you have not mentioned which is what that is most pertaining to this discussion, that is crypto tradong itself, some people are not traders but gamblers, example is a person that heard about trading, he just learn the basic and trade with high amount of money, only what he realized are losses, that is not a trader, but a gamblers, anyone that do not make appropriate analyses for trading are gamblers, so some traders are gamblers, but trading is not gambling.
You are getting this better than many I had read their replies here. They are regarding gambling in the wider context but not within the trading context itself. Nonetheless, anybody who dabbles in trading when they are not well informed about it is a gambler. There is no way they will not gamble as trading is unknown to them.

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August 26, 2022, 12:04:05 PM
 #19

Off course not, trading is not a gambling form. trading is trading with very low risk investment. & Gambling is 99% risk,any time your money will be gone in gamble.

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August 26, 2022, 12:15:21 PM
 #20

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Its the same both are risking with different level of risk.  Only on gambling there is a sequence and sometime it could be trick or known the tehnique while trading also involves some prediction on past result but not guaranteed.  Also can incurred some losses even you are following a right basics and knowledge of trading.

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August 26, 2022, 12:19:03 PM
 #21

If you don't know what you're doing, then yes, trading will be gambling for you. Especially if you mess around with margin and futures, you will have a better chance of winning in gambling then imo.
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August 26, 2022, 01:39:43 PM
 #22

I'd see some people referring to Trading just as gambling because they don't know what they are doing and lack of knowledge, and they do trading relying on LUCK, not their skills and knowledge. I understand their situation but we can't make the wrong things be right because the truth is that Trading is Trading while Gambling is betting.
You can't bet in trading, I'm sure of that but you can make a bet in casino games and sports betting. It is better to clear about it OP because the two are far different.

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August 26, 2022, 01:44:29 PM
 #23

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

Does investment is gambling? Investment is putting your money on something that you know that it will be valuable in the future same with trading unlike gambling that you are betting your money on the line on gambling games that will give you a win/lose result on the spot based on your luck alone. Gambling is not determined by just the risk involved but it was a leisure activity that involves money to get satisfaction while trading was you are putting your money on line to earn and not expecting to get an entertainment in return.

This are few misconceptions of gambling relating trading but there only similarities is the risk involved but they different purpose ergo they are not same.

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August 28, 2022, 09:10:49 AM
 #24

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Let me tell you outrightly that trading is not gambling, they are just different. In trading you have strategy, plan and management, so you are not gambling since you know what you are doing. But in gambling, you are doing guesswork, no strategy, or management and you are not having a real plan but using ideas.

And the winning 6 and losing 4 trade you used as an example is the challenge and risk in trading, mind you, the table might turn as a good strategy should win 5, 7,8,9 10 in 10 trades depending on the favorability of the market at that time.

We should all admit that trading does not come easily, it is all about patience, discipline, calculations, a good system, management and time-proof plans that will earn consistently. Earning constantly does not also mean you will win every trade every day, but means that your losses are lower than your winnings and are well managed in a way that will never ruin your trading account as though you are gambling.

there are more niche ones which are particularly on placing bets on the outcomes of games.
Nice! But he is referring to gambling in trading, nothing relating to betting. He wouldn't have linked this together with trading if it were to be gambling in the wider context in which betting is among.

But there is one you have not mentioned which is what that is most pertaining to this discussion, that is crypto tradong itself, some people are not traders but gamblers, example is a person that heard about trading, he just learn the basic and trade with high amount of money, only what he realized are losses, that is not a trader, but a gamblers, anyone that do not make appropriate analyses for trading are gamblers, so some traders are gamblers, but trading is not gambling.
You are getting this better than many I had read their replies here. They are regarding gambling in the wider context but not within the trading context itself. Nonetheless, anybody who dabbles in trading when they are not well informed about it is a gambler. There is no way they will not gamble as trading is unknown to them.
How many gamblers have you met brother? Not all of them gamble base on guessing, every smart gamblers I know have their own strategy, do you know how to play chess or whot game? Yeah right, even those who visit Casino to play games choose the ones they are familiar with, either roulette or other.

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August 28, 2022, 01:06:15 PM
 #25

Well it depends on how you take trading, if its on leverage trading that is with high leverage of like x20 and above to me I consider it a gambling because within a twinkle of an eye you might be liquidated, but from the angle of spot trading I don't see it as gamble because there is chance of you recovering your money back, as compared to trading on futures

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August 28, 2022, 03:17:17 PM
 #26

These two words, Trading and Gambling, are entirely different, though they have similarities; when someone is a treader, he has the opportunity to control whatever he is trading, by making numerous decisions of either keeping or selling off as he monitors the price, whereas when gambling, one has no opportunity to change what has been agreed upon until the stipulated time or agreed time is met.
All of them involve a high level of risk, provide more profit, but can also cause a person to lose money. When gambling or trading, make certain that no borrowed money is used.

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August 28, 2022, 04:42:33 PM
 #27

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?
If you refer to calculations & analysis or in other words gambling and trading luck is almost the same, but if you refer normatively in the form of buying and selling, of course gambling & trading are not the same.

In the definition of gambling and trading, the object if you think of crypto trading as buying or selling activities, consistently and continuously is certainly not the same as gambling, where gambling is only considered as luck, in another sense, your crypto trading is buying clearly, while your gambling is not clear what you are buying or trading.

Bottom line: gambling and trading both carry the risk of losing money, for that it is recommended for crypto users to do some research, calculations, regarding crypto markets and trade management carefully, gambling is not like that, you place a bet on two things lucky you win, unlucky you lose.

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August 28, 2022, 05:04:54 PM
 #28

Trading isn't a form of gambling at all.In trading you have to do technical analysis and gambling is totally a depends on luck.So trading is totally different from gambling.
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August 28, 2022, 11:16:50 PM
 #29

I know that the two concepts are different in terms of meaning, and many members may disagree with me here, but I think they are both sides of the same coin. In both of them, a user cannot win without losing another user, with the difference that in gambling, the gambling platform takes very large profits compared to the trading platforms that maintain accurate fees.
There are some legislations that manipulate concepts and prohibit gambling and allow trading. This is definitely nonsense .
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August 28, 2022, 11:21:26 PM
 #30

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
In trading, you can make an analysis and that's no trading. You know what's trading? Putting that leverage too much and with that greedy mindset that it will be an easy profit for you with that x50 or x100.

Actually, trading isn't a gamble because you can make your own decision there whether the future might be looking uncertain to you. While in gambling, if you prefer to it into the luck based games, you don't have any hold on it whether you also gamble with analysis through sportsbetting because you don't have any control to the outcome.

While in trading, you can cut loss and don't solely loss your entire fund and still can make a comeback based on how you project the market through your analysis and strategy of dealing with it.

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August 28, 2022, 11:39:20 PM
 #31

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
In my opinion, it will depend on the type of trading and the process of trading itself. The type of trading, it is more to gambling maybe if that is Future Trading. This may give very high profits, but vice versa this can also get a high risk. But if we are more to Spot Market trading, it may not a kind of gambling absolutely if we do the right ways to pick the coins to trade in spot or long term.
Then, it is about the process of how we are trading, from preparation to the final take. In preparation, there are some analysis that must be done. If we are analyzing the coin very well and carefully, we analyse the charts, fundamentasl, and also otehr factors, at least we have done the ebst thing to trade, although this will not garantee 100%, at elast, we are trading not only based on luck.
But if we are only trading aswe like without any analsyis, only paying attention onhow to get profits, laying o the luck, this is really a kind of gambling.

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August 29, 2022, 03:09:40 AM
 #32

It is and it isn't.

The luck part, specially if you are randomly buying shitcoins hoping for profit, is exactly the same as gambling. You have a chance of winning or losing your money and the "house" always wins so you end up losing in the long run when investing in altcoins.

But the way you lose money is different. For example if you make a bet for 1BTC and lose, you will lose all of that 1BTC. But if you invest in a shitcoin and it gets dumped 80% you will still have 0.2BTC left.

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August 29, 2022, 05:01:26 AM
 #33

But the way you lose money is different. For example if you make a bet for 1BTC and lose, you will lose all of that 1BTC. But if you invest in a shitcoin and it gets dumped 80% you will still have 0.2BTC left.
Actually this is the only clear difference between gambling and trading. And again I think gambling now a days (sports bets as I know off) have included in-game cashout policies, where u cash out when the game/bet is still going on, then your stake is calculated according to the odds as at time of cashout.

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August 29, 2022, 06:31:48 AM
 #34

The OP is on the right track in that there are similarities, it is knowledge that makes the difference, as mentioned.

In most gambling the bettor is going to lose in the long run, except in some games like poker or sports betting, whereas in trading you are not inexorably a long term loser but statistics show that most traders are.

A trader who makes moves without studying much would be more like a gambler than a trader who studies a lot and every purchase or sale he makes is based on data and study.

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August 29, 2022, 07:16:21 AM
 #35

If you don't know what you're doing, then yes, trading will be gambling for you. Especially if you mess around with margin and futures, you will have a better chance of winning in gambling then imo.
Knowing what you are doing doesn't guaranteed that you will win, gamblers don't gamble without good reasoning and strategy first unless you are a new gambler, any form of prediction, trying to know the future is gambling.

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August 29, 2022, 07:25:36 AM
 #36

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Let me tell you outrightly that trading is not gambling, they are just different. In trading you have strategy, plan and management, so you are not gambling since you know what you are doing. But in gambling, you are doing guesswork, no strategy, or management and you are not having a real plan but using ideas.

And the winning 6 and losing 4 trade you used as an example is the challenge and risk in trading, mind you, the table might turn as a good strategy should win 5, 7,8,9 10 in 10 trades depending on the favorability of the market at that time.

We should all admit that trading does not come easily, it is all about patience, discipline, calculations, a good system, management and time-proof plans that will earn consistently. Earning constantly does not also mean you will win every trade every day, but means that your losses are lower than your winnings and are well managed in a way that will never ruin your trading account as though you are gambling.

there are more niche ones which are particularly on placing bets on the outcomes of games.
Nice! But he is referring to gambling in trading, nothing relating to betting. He wouldn't have linked this together with trading if it were to be gambling in the wider context in which betting is among.

But there is one you have not mentioned which is what that is most pertaining to this discussion, that is crypto tradong itself, some people are not traders but gamblers, example is a person that heard about trading, he just learn the basic and trade with high amount of money, only what he realized are losses, that is not a trader, but a gamblers, anyone that do not make appropriate analyses for trading are gamblers, so some traders are gamblers, but trading is not gambling.
You are getting this better than many I had read their replies here. They are regarding gambling in the wider context but not within the trading context itself. Nonetheless, anybody who dabbles in trading when they are not well informed about it is a gambler. There is no way they will not gamble as trading is unknown to them.
How many gamblers have you met brother? Not all of them gamble base on guessing, every smart gamblers I know have their own strategy, do you know how to play chess or whot game? Yeah right, even those who visit Casino to play games choose the ones they are familiar with, either roulette or other.

Pal, If you carefully read my replies, you would have noted that this topic is not about gambling in the wider context. It is gambling relating to trade practices only, don't let us mix it together.

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August 29, 2022, 02:23:14 PM
 #37

But the way you lose money is different. For example if you make a bet for 1BTC and lose, you will lose all of that 1BTC. But if you invest in a shitcoin and it gets dumped 80% you will still have 0.2BTC left.
Exactly. Trading is different from gambling, but let me use BTC/USDT pair.

Assuming a trader just bought bitcoin in the spot market, the price of bitcoin can reduce, but not a loss until the trade is over, after converting back to USDT.

Another is when a trader open a short position in derivative market, if the market did not favour, he can be losing, but not also losing until the position is closed. There are times that traders will make analyses, the analyses may fail but later the market can be corrected and the loss can become profit and the trader will gain.

But in the market, a newbie asset can be liquidated, especially if using high a leverage and other gambling means of trading.

Traders still have the chance because market price of bitcoin can reverse and be corrected towards the direction the trader went, the unrealized loss can become profit later after correction. But in gambler, it is either loss or gain.

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August 29, 2022, 02:28:38 PM
 #38

If you don't know what you're doing, then yes, trading will be gambling for you. Especially if you mess around with margin and futures, you will have a better chance of winning in gambling then imo.
Knowing what you are doing doesn't guaranteed that you will win, gamblers don't gamble without good reasoning and strategy first unless you are a new gambler, any form of prediction, trying to know the future is gambling.

I think he is directing that comment to trading as catalyst to determine it as gambling because trading is obviously not gambling because it’s an investment but you can turn anything that involves money as gambling if you don’t know what are you doing that increase your risk on losing than gaining.

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August 29, 2022, 02:42:36 PM
 #39

I think he is directing that comment to trading as catalyst to determine it as gambling because trading is obviously not gambling because it’s an investment...
Never mind. Trading is also not an investment. A trader would already be thinking of converting back to a stable coin or fiat after making profit, trading can be just in some seconds, minutes, hours and can not be more than fee weeks (few weeks for swing traders). Invesrimg means you will invest on a coin, like bitcoin for months, you do not have the mind to convert it to stable coin or fiat even if making profit in few seconds, minutes, hours or weeks because you are expecting more positive result.

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August 29, 2022, 03:43:29 PM
 #40

Gambling and trading are two different things , Gambling is a game that having experience in it can never determine if you can win or not. Trading is a skill that people learn , that has rule or strategy to get profit. In trading people study the market to know when is the right time to sell or buy.
To be honest when a new comer in crypto starts trading without analysis or research then it's also like gambling. So we must be learnt and be an analyst before doing trades in this volatile market.
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August 29, 2022, 06:26:23 PM
 #41

Gambling is betting something valuable on an uncertainty outcome right?

You're right but you can as well choose as to which approach you wish to define what gambling really means, some called it a profitable risk with ease.

Isn't this the same with Trading?

It's not, they are two different things, though the similarities they share are common which is the risk taking but their strategies and mode of operations were entirely different things.

pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling?

Even the said pro you call them also make some loss as everything they predicted doesn't work as they expected, so i disagree with their assumption one can win all or loose all and it may comes in from any dimension.




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September 01, 2022, 06:09:26 AM
 #42

Everything in life is gambling, from the moment of conception. You could get accident while crossing the road, farmers sow crops hoping for rain, etc.

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September 01, 2022, 07:51:28 AM
 #43

Gambling is just betting money or valuable on something that is determined by chanced occurrence while trading is the exchange of cash or valuable for another cash or valuable. While gambling leaves everything to chance, trading is methodical and aided with navigating tools in the form of indicators. If anyone is going to confuse trading for gambling, it simply means that person is haphazard about trading.

Everything in life is gambling, from the moment of conception. You could get accident while crossing the road, farmers sow crops hoping for rain, etc.
Yeah, I know that angle you're looking at it from but what we're trying to differentiate here is gambling from trading. 🤔

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September 01, 2022, 11:10:46 AM
 #44

Gambling and trading are two different things but share some common ground. The large difference between the two is that one is a game of luck and chance with a 50:50 loss to gain ratio (minus the house edge), whereas the other is a skill that has been honed over decades to become profitable for those in the know. Trades involve technical analysis, market conditions, the mass psychology of crowds, and a whole raft of other factors in determining success or failure. There is an art to it, and learning that art takes time. Not every trade will turn a profit, but when you "win the trade," it feels just as good as hitting your set number on the roulette table. Ultimately, it comes down to personal preference.

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September 01, 2022, 03:45:57 PM
 #45

Some people may talk like that, but I think trading and gambling are very different. Trades have an agreed consensus analysis even though they already have an agreement that takes the form of a sell or buy order. So they have agreed and it is very different from gambling. Gambling or betting is usually only armed with a lucky guess. So trading is not gambling, but it can be trading into gambling because it does without analysis and only based on guesses.

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September 01, 2022, 10:07:47 PM
 #46

Gambling is betting something valuable on an uncertainty outcome right?
Yes, moreover if this is the lucky-unlucky gambling, it will be very unpreictbale. But, if this is about some betting on sports betting, this may be able to analyze, the more you know about the sports, the more chances to win, but once more, the analysis may not guarantee the victory on gambling.
On trading. although this is actually a different term, this may also have similarities if: we are trading without any analysis, only based n luck, only pick a coin or token as we like and expect to have a higher price and then take profit. This may be tarding but similarly with gambling condition.
However, if we are trying trading based on analysis, knowledge that we have, certain codnisration, it is exactly gambling. Although we may lose (moroevr in the Fuure gambling), we are doing trading. But here, trading is not always taking profits, sometimes, we are losing, whoever we are.

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September 01, 2022, 10:38:28 PM
 #47

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?
Fundamentally, gambling and trading are different. Gambling outcome is totally uncertainty, relies on luck. While in trading, we can optimize the chance to get an expected outcome with proper strategy. However, However, in its implementation, a trader can gamble with his trading activity once he is trading with a random strategy and with a lack of knowledge. That's why it is very recommended to have sufficient knowledge about trading before someone starts his trading journey.

i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling?
No business has no opportunity to lose. It includes in trading, no trader who can guarantee to take profits 100%. But with a proper strategy, we can increase the chance to win or gain profits. Knowledge and experience have a crucial role to determine whether to win or lose in trading. It is different from gambling that no certain ways to increase the opportunity to win.


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September 02, 2022, 05:17:36 AM
 #48

However, However, in its implementation, a trader can gamble with his trading activity once he is trading with a random strategy and with a lack of knowledge.
That's the truth to it. Trading is no gambling but that doesn't exclude the fact that, some inexperienced low grade traders can gamble on trades. They get tired or have no idea of doing proper analysis, neither are they able to come up with a trading plan and so, they just jump in and out of the market based on sentiments and a feeling.
This is wrong as, it reduces your chances of success in the market.

No business has no opportunity to lose. It includes in trading, no trader who can guarantee to take profits 100%. But with a proper strategy, we can increase the chance to win or gain profits. Knowledge and experience have a crucial role to determine whether to win or lose in trading. It is different from gambling that no certain ways to increase the opportunity to win.
You up your chances by being knowledgeable and doing proper analysis. Even in all that, your still going to meet some losses but, your net profit would be assured at the end of a trading period.

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September 02, 2022, 05:40:13 AM
 #49

Gambling and trading are two different things , Gambling is a game that having experience in it can never determine if you can win or not. Trading is a skill that people learn , that has rule or strategy to get profit. In trading people study the market to know when is the right time to sell or buy.
Basically, both gambling and trading have one thing in common which is making a profit. If you enter a trade without any knowledge or skill then that is really called gambling, not trading anymore.

In gambling, you cannot use analytical knowledge to make any judgments, it just depends on your playing experience and it takes a bit of luck to win. On the contrary when you trade, to make a profit you have to learn a lot, it must be said that the knowledge of trading is endless, you can never learn it all. In trading, we must combine knowledge and experience to make the most accurate decisions to be profitable.

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September 02, 2022, 11:36:39 PM
 #50

Gambling is gambling, trading is trading. They are not the same, but both are very risky. If gambling, you may not have much to learn, there are varieties of gambling games that is very easy, but if you want to trade, you have to learn it. If I should choose one, I would prefer trading, but the losses can be the same for newbies, even many people that is trading for over a long time can still be losing.

Use the amount of money that you can afford to lose to trade or gamble.
Both losses are inevitable in trading and gambling but if you have skills and strategies in trading, you will most likely end up a successful trade and be profitable. Unlike gambling, no matter how skilled you are and strategic, if you are unlucky, you will still end up losing all your money.

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September 03, 2022, 03:54:38 AM
 #51

If you are investing your money without any research and under the influence of paid shillers then it's pure gambling but in this case you will loose in the most case as being lucky is not a probability here so this should be avoided but if you are making strategies and analysing the whole market and keep your portfolio maintained with profit/loss then it's trading so don't mix them.

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September 04, 2022, 04:19:12 PM
 #52

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Trading is not gambling. Gambling is a total risk, that is you will lose everything, so you can not compare trading as gambling. In gambling you will lose 100% of your investment. Trading is more like buying and selling. In trading you can control your loss, because you will know when you are losing, while in gambling you will see yourself losing and you can not control it. So this is what make it different.

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September 04, 2022, 05:05:34 PM
 #53

~snip~
Yes it is true that those two platform has high risk of losing fund even then those are not same . Gambling depends entirely on luck and on the others hand trading is a platform that depends on good analysis. In gambling, you can lose your entire fund in an instant but trading is completely different, here you have to select projects or coins and invest based on analysis if the project will successful you will get a profit and if not you will get lost as we see in real life trading.  But there is a thing called future trading, it also has to trade based on analysis but in my opinion, it is like gambling. But overall, trading cannot be called gambling in any way.



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September 04, 2022, 09:18:34 PM
 #54

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Trading has its own inevitable losses no matter how good you are in it but in gambling, it’s not how good you are but how lucky you are, that is why a lot of people lose from gambling because it’s not all the time they got lucky. And some people too see trading as gambling because they are not yet capable to trade since they lack the knowledge and skills, the reason why they often lose in trading same with gambling.

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September 04, 2022, 09:44:47 PM
 #55

In gambling, you can lose your entire fund in an instant but trading is completely different, here you have to select projects or coins and invest based on analysis if the project will successful you will get a profit and if not you will get lost as we see in real life trading.  But there is a thing called future trading, it also has to trade based on analysis but in my opinion, it is like gambling. But overall, trading cannot be called gambling in any way.
If we only use spot trading, it is safe and won't risk losing all funds. But if we use future trading, it is almost the same as gambling, we may lose all funds easily. So, future trading = gambling, but spot trading is not a form of gambling. If we don't want to risk our money as in gambling, only focus on spot trading. It is not a must to use all the kinds of trading, I myself avoid using future and margin trading.


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September 04, 2022, 10:21:06 PM
 #56

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Yeah, it could be a sort of Gambling as some people don't really know about trading and much more what they have to do which end up making baseless assumptions and analysis and if they are not too lucky, losses are really what they've got. I'd many traders have used this kind of (wrong) thinking and I think it was time for them to realize that trading is not about having luck, it needs good market understanding, TA, and much more important is we know how to trade. 
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September 04, 2022, 10:25:44 PM
 #57

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
so many people have different ideology and different perspective of understanding the difference between gambling and the trading, it's quite clear that cryptocurrency or Bitcoin this with them a good calculation for the investment why gambling is all about prediction, so there is different between gambling and trading.

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September 04, 2022, 10:25:56 PM
 #58

Trading is not gambling but one can still gamble on trades. Confusing statement right? Not so much though.
The thing about it is, there are ways to analyse both but, one comes with more certainty as there are ppinters and that is trading but the other being gambling on the other hand have git zero pointers to it. The game is basically decided on the field of play for sportsbook but when it comes to casino games, it's basically based on an algorithm that uses the gamblers input in calculations. That is almost as certain as a 100% luck and that can't be said about trading.

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September 05, 2022, 04:06:50 AM
 #59

For me, gambling is to bet on something that is purely unknown, when you learn about something, and analyze the results based on the knowledge you gain, it's far from gambling. However, trading could be gambling too, if you don't know what you're doing. You're blindly buying and selling without any clue, hoping you'll always get profits counting on luck. That's why I prefer to see whether it's gambling or not based on how we reach the goal. To get some profits, what will you do, use some of your knowledge or blindly trade, that will make a difference.

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September 09, 2022, 03:12:41 PM
 #60

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Technically, Gambling and Trading are different. But if you'll look into trading, it could probably be sometimes tagged as another form of gambling, however most of that time it is not. Why? I think you know what reason I am thinking. It's because logically, you're risking your money. You do not know exactly what could happen to your invested money, and that is a characteristic of gambling, however you have some strategies/trading techniques and analytics with you. In contrast, gambling offers you, most of the time less than 50% chance of winning. Which is way risky than to gamble.

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September 09, 2022, 03:52:04 PM
 #61

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

While both may involve the nature of "risk", what separates gambling from trading is the means of achieving the income.

Gambling involves a plethora of games where you risk your funds into various games. People play different games where they have the opportunity of doubling or tripling their money in the process.

Trading, on the other hand, is more technical since it involves understanding the market. You based your decision primarily into both the extrinsic and intrinsic factors. While both again may involve risks, trading is more complex but it also has the higher chance of gaining profit in the end.

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September 09, 2022, 08:32:34 PM
 #62

Some people may talk like that, but I think trading and gambling are very different. Trades have an agreed consensus analysis even though they already have an agreement that takes the form of a sell or buy order. So they have agreed and it is very different from gambling. Gambling or betting is usually only armed with a lucky guess. So trading is not gambling, but it can be trading into gambling because it does without analysis and only based on guesses.
Trading and gambling are likely to be seen as the same because both have high risks. But if you are a pro trader, your trading may likely to be more profitable than seeing it fall on gambling. The only reason you think trading is gambling because you trade without knowledge and preparation, pushing you to trade without good market analysis. In the end, trading looks like gambling since you fall onto losses rather than gaining profits. However, with gambling, no matter how good you are in that certain game, gambling will always be luck based and pure guesses.

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September 10, 2022, 06:54:21 PM
 #63

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Every investment is a gambling if we look from the perspective you mentioned because the greatest ever investors by knowledge we have is Warren Buffett has hard time reaching the returns from the investment 6 times out of 10.

From the broader perspective we need to look at this, trading involves luck to some extent but its not completely rely on the luck, we need to give lot of extra analysis to make consistent profits from being a trader.

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September 10, 2022, 09:37:55 PM
 #64

For me, gambling is to bet on something that is purely unknown, when you learn about something, and analyze the results based on the knowledge you gain, it's far from gambling. However, trading could be gambling too, if you don't know what you're doing. You're blindly buying and selling without any clue, hoping you'll always get profits counting on luck. That's why I prefer to see whether it's gambling or not based on how we reach the goal. To get some profits, what will you do, use some of your knowledge or blindly trade, that will make a difference.
You're wrong because in many games there are ways to know on what you are betting even more precisely than in crypto trading. For example in sport betting probabilities of outcomes are way more accurate than the ones you could evaluate when you are trading. And in casino games probabilities are fixed and known unlike trading and sport betting, but you can have reliable forecasts in some games by counting cards, at baccarat or blackjack for example.

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September 11, 2022, 04:15:50 PM
 #65

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

It always depends upon the user.
I mean if the trader is taking high risks to get maximum profits, then it can be easily called as gambling .
You need to just understand the deep meaning of both the words.
Yes if you investing with flexible risk on a particular coin and yielding little profits over a long period of time, then for me it’s considered as trading.
It basically depends and varies from users to user.

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September 11, 2022, 04:53:54 PM
 #66

Not at all, trading is not a gambling but people ordinary promotes different gaming projects to gain double boon from it one as a fount of pleasure and other as a fount of gaining payback. But clients should not estimate trading as a game, hence  trading is very treacherous and if you do not take it thoughtful you will be loss your award without any mistrust.

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September 11, 2022, 05:04:29 PM
 #67

The risk in gambling is higher than in trading. In trading, we could choose profitable and potential coins that we could trust while in gambling, we could only trust our guts and luck. We could have a higher chance of being successful in trading as long as we have the skills and knowledge about it and as long as we know how to deal with the volatility of the market.
Yes you are right, but know that trading and gamblling risk differs, but calculating their proportion you can't conclude that the risk in gambling is of higher potential than the one in trading. I will agree with you, because gambling risk is not controllable or measurable while trading can be controlled and monitored with the understanding of the chart. But gambling doesn't have chart to use and examine it.

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September 11, 2022, 11:38:05 PM
 #68

Some people may talk like that, but I think trading and gambling are very different. Trades have an agreed consensus analysis even though they already have an agreement that takes the form of a sell or buy order. So they have agreed and it is very different from gambling. Gambling or betting is usually only armed with a lucky guess. So trading is not gambling, but it can be trading into gambling because it does without analysis and only based on guesses.
Trading may fall likely into gambling if you risk your money without trading preparation from the start. Though others still make profits and sometimes become lucky in trading, but in most cases, if you trade without skills and good marketing analysis, you will never succeed and become profitable. Trading is more likely gained and acquired, while gambling is just pure luck based and wild guesses.
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September 11, 2022, 11:56:33 PM
 #69

Some people may talk like that, but I think trading and gambling are very different. Trades have an agreed consensus analysis even though they already have an agreement that takes the form of a sell or buy order. So they have agreed and it is very different from gambling. Gambling or betting is usually only armed with a lucky guess. So trading is not gambling, but it can be trading into gambling because it does without analysis and only based on guesses.
Trading may fall likely into gambling if you risk your money without trading preparation from the start. Though others still make profits and sometimes become lucky in trading, but in most cases, if you trade without skills and good marketing analysis, you will never succeed and become profitable. Trading is more likely gained and acquired, while gambling is just pure luck based and wild guesses.
Agreed and when you find it a way to try your luck investing over an altcoin that isn't popular as well as have reached the market in recent days, then it is pure gambling. Because you're just going with a random choice and not by analysis.

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September 12, 2022, 12:11:18 AM
 #70

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Trading is similar to gambling because the outcome is uncertain. However, compared to gambling, trading is not entirely depending on luck because you can do something to increase the chances to gain. And that is by having a knowledge on what you're doing, having your own strategy and analysis. These are needed in order to maximize your chances and prevented yourself from losing your money. Of course losing is inevitable sometimes because it depends on your decision, like the coins you'll trade and the timing.

The good thing is, many traders are able to gain through their knowledge and experiences unlike in gambling wherein the house always win.

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September 12, 2022, 12:55:32 AM
 #71

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Trading is similar to gambling because the outcome is uncertain. However, compared to gambling, trading is not entirely depending on luck because you can do something to increase the chances to gain. And that is by having a knowledge on what you're doing, having your own strategy and analysis. These are needed in order to maximize your chances and prevented yourself from losing your money. Of course losing is inevitable sometimes because it depends on your decision, like the coins you'll trade and the timing.

The good thing is, many traders are able to gain through their knowledge and experiences unlike in gambling wherein the house always win.

The newbies in trading are the ones gambling in the market while the experienced traders are already equipped to make a profit and are not dependent on luck.

Trading can be compared to Stocks or the Forex market which is totally regulated by the government. It's an opportunity for people to make money out of money while gambling is often going to ruin lives.




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September 12, 2022, 01:24:03 AM
Last edit: September 12, 2022, 01:34:40 AM by JoyMarsha
 #72

Trading and gambling are two different things. In trading, you need a high level of intelligence, strategy and experience before starting it. But in gambling, not much idea is needed. All you need is to try your luck by guessing. Gambling can be entertaining when indulging in it but in trading, you are expected to be smart, intelligent and serious.

The only similarity between the two is that there is no guaranteed winner. You either win, lose or quit trying.

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September 12, 2022, 02:50:41 AM
 #73

This was discussed many times in the past. Even with stock traders it was discussed. It may or may not be a form of gambling. If you are guessing and have no idea what you are doing and are risking all your money, then it’s considered gambling.

But if you are investing for the long term with your savings then you are obviously not gambling in that case. So this is based on a case by case basis but many have lost everything in trading due to fear and greed.

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September 12, 2022, 04:27:03 AM
 #74

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

They both have some similarities, such as the goal of making profit and both have risks so it can be said that they are the same. But they also have different points, gambling you do not need to have too much knowledge, making a profit is based on your gambling skills and experience. And with trading you need to have knowledge, to learn a lot, to combine with experience to make a profit. When you trade with any market, it is important that you stay up to date with the news as it will directly affect the market movement, which is not necessary in gambling.



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September 12, 2022, 05:31:46 AM
 #75

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
if in trading there is a consistent profit term, which maybe in one month as you mentioned you can win at least 60% of transactions, where all transactions are taken into account and a framework is made before acting. this is different from gambling, where you only expect luck to come without any reason why you can make the transaction. therefore trading does not always make a profit, but has a cumulative profit greater than the loss

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September 12, 2022, 06:28:02 AM
 #76

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
if in trading there is a consistent profit term, which maybe in one month as you mentioned you can win at least 60% of transactions, where all transactions are taken into account and a framework is made before acting. this is different from gambling, where you only expect luck to come without any reason why you can make the transaction. therefore trading does not always make a profit, but has a cumulative profit greater than the loss
Infact in trading you actually win 4 lose 6 and still be profitable unlike gambling this is based on using a tight Stop Loss on losing trades while running the profitable trades with a low risk to
high reward ratio by trailing stop it especially when the market is trending massively, thus I wouldn't subscribe to school of thoughts who categorize or believe trading is gambling, when all the necessary trading skills is acquired, such a trader will always have an edge over the market, although this comes with a lot of commitment, efforts, practice, charting techniques which includes learning candlestick patterns e.t.c.

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September 12, 2022, 06:29:51 AM
 #77

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

-  As you were able to able to know, trading and gambling are not the same things. You are right that gambling is betting on a game with no certainty as to whether you will win or not. Gamblers are what gambling sites do business with here in cryptocurrency.

Whereas in Crypto trading it is not, because it is a job that you can say or your business. Because it's not just luck, but it requires learning the right analysis, reading candle sticks, and other tools that can help us to understand movement on the chart or graph of an exchange platform.

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September 12, 2022, 07:12:51 PM
 #78

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

-  As you were able to able to know, trading and gambling are not the same things. You are right that gambling is betting on a game with no certainty as to whether you will win or not. Gamblers are what gambling sites do business with here in cryptocurrency.

Whereas in Crypto trading it is not, because it is a job that you can say or your business. Because it's not just luck, but it requires learning the right analysis, reading candle sticks, and other tools that can help us to understand movement on the chart or graph of an exchange platform.

There are instances where trading become a gambling when the traders buy certain assests blindly or buying due to the effect of other people's hype.  Doing this kind of trades neglect the fundamental of trading thus, the trader has no idea on the market and just following the hype blindly which can be considered the same as betting in a lottery. 

In trading risk should be studied, to apply risk management, technical and fundmental analysis is also applied.  If a person failed to do that before buying any asset to trade, then it is more likely a gamble for the traders part.
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September 12, 2022, 07:39:16 PM
 #79

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
There is a slight difference between them, but some people will confuse them. Gambling has no refund; once you have initiated or staked your game, you will have to wait for the outcome before knowing your faith; whereas trading can be monitored and even changed by the trader; the trader can decide not to trade again and take back his initial investment, and he can also take any profit he has at any time and decide whether to end it soon or not.

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September 12, 2022, 08:30:25 PM
 #80

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Risk level is different although you cant really make out perfect trades but if we  do talk about sustaining then if we do compare those gamblers to traders then you would significantly
tell the difference in between or on the time you would really be experiencing it for yourself.Trading would turn out to be gambling if you dont know on what are you doing.
4-6 profitable trades inside of 10? Dont know on where you do get this considering outcome will really vary on case to case basis on each trader thats why its never
been precise if you do look at with those numbers and making it as a constant result.Its never been that reliable.

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September 12, 2022, 09:54:13 PM
 #81

There is a slight difference between them, but some people will confuse them. Gambling has no refund; once you have initiated or staked your game, you will have to wait for the outcome before knowing your faith; whereas trading can be monitored and even changed by the trader; the trader can decide not to trade again and take back his initial investment, and he can also take any profit he has at any time and decide whether to end it soon or not.
It really is confusing in a sense that you're always doing the same thing yet there are factors that differs each of them.

But with what you've said about refund, they're also the same with it. What you've said in gambling about no refund, you're free to withdraw it at any time as well.

As long as you're on the threshold and minimum withdrawal, you'll be allowed to.
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September 12, 2022, 10:12:35 PM
 #82

There is a slight difference between them, but some people will confuse them. Gambling has no refund; once you have initiated or staked your game, you will have to wait for the outcome before knowing your faith; whereas trading can be monitored and even changed by the trader; the trader can decide not to trade again and take back his initial investment, and he can also take any profit he has at any time and decide whether to end it soon or not.
Trading that deserves to be called gambling is when the trader only has two choices when buying as we know in binary options trading. I think binary options is a gamble where the trader just guesses the price between going up or down to make a profit. It doesn't happen in spot trading or anything so it's not correct to call it gambling. In spot trading, someone will also be said to be gambling when only guessing when buying an asset in the hope that the price will rise as predicted. They don't do the analysis and just hope it goes the way they want.

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September 12, 2022, 10:59:48 PM
 #83

Some form of trading is like gambling. Both have got its difference. With trading we have multiple options to lower the loss. We predict the price to reach X, but this didn't happen. So, we can just hold and the market will reach the target. This needs time and we should have the patience. With gambling it is all about the result, we predict the outcome and based on the coincidence of our prediction with the outcome we'll be rewarded with the amount we've risked.

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September 12, 2022, 11:05:54 PM
 #84

Trading is like gambling so I will not be surprised if some persons that are not traders will hit me up and argue it that trading does not look like gambling. Trading is very risky just like we gamble on something that we thing we are going to win. If you place a trade, it means you are betting that the coin you are holding is going to move well whether upward or downward based of your direction.
It is not true that trading is like gambling. Of course, both trading and gambling have risks and no guarantee for profits. But gambling basically relies on luck, while trading doesn't depend on luck to get a good result (profits) but depends on the experience and knowledge of the traders. You have to know this basic difference, don't generalize it because both have risks. However, for the people who trade with no knowledge, you may call them as betting their coins. Or when people choose trading future, it is almost the same as gambling.

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September 13, 2022, 12:33:46 AM
 #85

Trading is like gambling so I will not be surprised if some persons that are not traders will hit me up and argue it that trading does not look like gambling. Trading is very risky just like we gamble on something that we thing we are going to win. If you place a trade, it means you are betting that the coin you are holding is going to move well whether upward or downward based of your direction.
It is not true that trading is like gambling. Of course, both trading and gambling have risks and no guarantee for profits. But gambling basically relies on luck, while trading doesn't depend on luck to get a good result (profits) but depends on the experience and knowledge of the traders. You have to know this basic difference, don't generalize it because both have risks. However, for the people who trade with no knowledge, you may call them as betting their coins. Or when people choose trading future, it is almost the same as gambling.

I am also one of those who do not agree to equate gambling with trading, because the two are clearly different if we study further.
Maybe for a newbie the two are almost the same, but for people who are experienced in the trading world, and have good analytical skills.
The opportunity to make a profit from trading should be greater, so it is not surprising that some people turn to trading as a main job.
Because professional traders can generate profits that are greater than the losses they experience. While gambling that relies on luck,
it is definitely not possible to achieve sustainable profit. That's why gambling can't be used as a source of income. We will begin to be able
to distinguish that gambling and trading are different, after we learn trading properly. So don't be in a rush to trade, we must do careful
preparation before trading. Like learning the basics about trading, so we know how to minimize trading risks and can generate sustainable profits.

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September 13, 2022, 05:43:27 AM
 #86

Hence, trading will not fall into gambling if you only trade with knowledge and skills. And with experienced traders, trading is trading, so its goal is to be more profitable and create limitless source of profits. However, with newbies in trading, mostly they end up with gambling because they start trading when they are not yet prepared and skilled about it.
Gambling and trading are both similar and they often are misunderstood by people more often. Trading required it's noticeable and required fundamental, tchnical and Sentimental analysis while gambling just needs the accurate number of game results and their odds. Gamblers tend to make more profits in gambly when their betting slip favor them while traders makes profits when either they short or long a coin and it goes directly as planned for them. Trading is pure gambling for some traders who don't sacrifice their time to study the basic of trade before hopping into opening positions.

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September 13, 2022, 11:54:08 AM
 #87

Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling?
So, you can apply it to everything in this world then? Let's say you enroll for job interviews and you only get 1 interview out of 10 that you have enrolled before, is it gambling? No!
They rejected probably because you don't meet the requirements or just your behavior in general. Same logic could be applied in trading, you probably missed the opportunity or just didn't have enough research before that's why you lose. Unlike gambling where it's completely just luck-based and your money gone in a second.

If it's trading is some sort of gambling then how about stock trading, or even just trading the fiat money in general? Is it gambling? They are separate stuff

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September 14, 2022, 07:16:56 AM
 #88

Trading is like gambling so I will not be surprised if some persons that are not traders will hit me up and argue it that trading does not look like gambling. Trading is very risky just like we gamble on something that we thing we are going to win. If you place a trade, it means you are betting that the coin you are holding is going to move well whether upward or downward based of your direction.
Betting on the coin to go up or down is different from buying that coin at low price and waiting for it to go up. The first one sounds more like leverage while the second one is spot trading. The first one is a type of gambling while the second one is not.

Depending on how a trader approaches the market, of they are getting engrossed into the trades so much that they are losing track of family and work life balance, this becomes gambling.

Still it is possible to keep trading limited to spot trading and not allow it to becom gambling. But this differs and those who become addicted need to avoid trading.

R


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September 16, 2022, 07:06:59 AM
 #89

Not if everything is calculated! Gamblers lack market knowledge and have a wrong mindset when it comes to trade. They look for ways to make quick money. However, on the other hand, traders have an approach and they  take many things into consideration before taking the final call.Hence, they have more chances of earning.
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September 16, 2022, 09:28:10 AM
 #90

Not if everything is calculated! Gamblers lack market knowledge and have a wrong mindset when it comes to trade. They look for ways to make quick money. However, on the other hand, traders have an approach and they  take many things into consideration before taking the final call.Hence, they have more chances of earning.
It is really to know that people haven't changed their minds but consider crypto trading as an easy way to make money or earn profit just like what they know about gambling - instant millionaire.
Trading requires knowledge and skill while Gambling needs knowledge, skill, and of course LUCK. And they are both risky but the chances of earning from gambling are very slim, unlike if we do trading.
Well, if they actually know the difference between the two will help them realize that they are wrong and change their market approach.

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September 16, 2022, 07:07:27 PM
 #91

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
If you develop a system and have a record book of your trades in which you can prove a 60% win probability over a sample space of say 100 Trades, then it's definitely not Gambling. Gambling just has 49% probability of winning over a longer term which means there are 100% chances you will end up losing money over a 100 or let's say 1000 gambles sample because of the House Edge. In trading first thing that you can do is have a risk-reward ratio to ensure that you are losing less on bad trades and winning more on winning trades with this even 60% of correct trades can give you 50-60% ROI on your money. But yes if you are doing it blindly just buying and selling then obviously it's nothing less than a form of gambling.
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September 16, 2022, 09:45:01 PM
 #92

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
If you develop a system and have a record book of your trades in which you can prove a 60% win probability over a sample space of say 100 Trades, then it's definitely not Gambling. Gambling just has 49% probability of winning over a longer term which means there are 100% chances you will end up losing money over a 100 or let's say 1000 gambles sample because of the House Edge. In trading first thing that you can do is have a risk-reward ratio to ensure that you are losing less on bad trades and winning more on winning trades with this even 60% of correct trades can give you 50-60% ROI on your money. But yes if you are doing it blindly just buying and selling then obviously it's nothing less than a form of gambling.
Trying out your best on having that 60% chance of winning rather than on going below 50 but it doesnt mean that you are already doing gambling because as long you do put up any analysis and in depth application of

those things that you do have learned then it isnt really something that you can called gambling.Both things are entirely different because if you do make out some trades without having any analysis
that backs up on it then you are just doing gambling.

Trading does have that risk which is normal because in every investment that we do really engage, then there's always comes a risk.

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September 16, 2022, 09:59:58 PM
 #93

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
If you develop a system and have a record book of your trades in which you can prove a 60% win probability over a sample space of say 100 Trades, then it's definitely not Gambling. Gambling just has 49% probability of winning over a longer term which means there are 100% chances you will end up losing money over a 100 or let's say 1000 gambles sample because of the House Edge. In trading first thing that you can do is have a risk-reward ratio to ensure that you are losing less on bad trades and winning more on winning trades with this even 60% of correct trades can give you 50-60% ROI on your money. But yes if you are doing it blindly just buying and selling then obviously it's nothing less than a form of gambling.
^ You are definitely right, if you don't have knowledge in trading and doing it blindly without any calculation or everything then, that is a form of gambling.
Because you are just relying on luck and the result of your action in the market hoping that there is a big return or ROI.
Trading cannot be called it is a form of gambling once you have knowledge of it, because this is not based on luck, it needs pure skills that improve your chances to chase profit. It needs technical and fundamental analysis in trading while in gambling this is not applicable.
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September 17, 2022, 06:48:00 PM
 #94

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
If you develop a system and have a record book of your trades in which you can prove a 60% win probability over a sample space of say 100 Trades, then it's definitely not Gambling. Gambling just has 49% probability of winning over a longer term which means there are 100% chances you will end up losing money over a 100 or let's say 1000 gambles sample because of the House Edge. In trading first thing that you can do is have a risk-reward ratio to ensure that you are losing less on bad trades and winning more on winning trades with this even 60% of correct trades can give you 50-60% ROI on your money. But yes if you are doing it blindly just buying and selling then obviously it's nothing less than a form of gambling.
Trying out your best on having that 60% chance of winning rather than on going below 50 but it doesnt mean that you are already doing gambling because as long you do put up any analysis and in depth application of

those things that you do have learned then it isnt really something that you can called gambling.Both things are entirely different because if you do make out some trades without having any analysis
that backs up on it then you are just doing gambling.

Trading does have that risk which is normal because in every investment that we do really engage, then there's always comes a risk.
Yes obviously testing the system is something that can be an exception to the 60% rule that is why my answer started with once you have made the system. I think you are not trading until you have made a system till then you are just experimenting the market. One very insightful thing someone told me about trading is that trading is very boring, because you know the result of your action. If you are buying a coin because it triggered a signal in your system you eventually know that either it will hit the TP in this much time or it will hit this SL in this much time. When you know the result things become boring. It's in gambling that you have n number of outcomes which keeps you interested and glued in front of screen.
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September 17, 2022, 08:10:44 PM
 #95

Not if everything is calculated! Gamblers lack market knowledge and have a wrong mindset when it comes to trade. They look for ways to make quick money. However, on the other hand, traders have an approach and they  take many things into consideration before taking the final call.Hence, they have more chances of earning.
It is really to know that people haven't changed their minds but consider crypto trading as an easy way to make money or earn profit just like what they know about gambling - instant millionaire.
Trading requires knowledge and skill while Gambling needs knowledge, skill, and of course LUCK. And they are both risky but the chances of earning from gambling are very slim, unlike if we do trading.
Well, if they actually know the difference between the two will help them realize that they are wrong and change their market approach.
That's right, the luck part is the difference and the house edge is also another big reason. While gambling, the casino you are gambling against would have some sort of leverage against you, meaning you should be losing more often than you win, not in the amount of bets, but the money you earn is less than money you lose on each bet, and that makes sure that casino stays afloat.

When trading exchanges make money either way, even if you lose or earn, because they take a cut from your trades, meaning there isn't anyone trying to make you lose money, nobody cares about it, so if you are good at what you do, then you could make a good chunk of profit from it.
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September 17, 2022, 08:26:48 PM
 #96

Not if everything is calculated! Gamblers lack market knowledge and have a wrong mindset when it comes to trade. They look for ways to make quick money. However, on the other hand, traders have an approach and they  take many things into consideration before taking the final call.Hence, they have more chances of earning.
It is really to know that people haven't changed their minds but consider crypto trading as an easy way to make money or earn profit just like what they know about gambling - instant millionaire.
Trading requires knowledge and skill while Gambling needs knowledge, skill, and of course LUCK. And they are both risky but the chances of earning from gambling are very slim, unlike if we do trading.
Well, if they actually know the difference between the two will help them realize that they are wrong and change their market approach.
That's right, the luck part is the difference and the house edge is also another big reason. While gambling, the casino you are gambling against would have some sort of leverage against you, meaning you should be losing more often than you win, not in the amount of bets, but the money you earn is less than money you lose on each bet, and that makes sure that casino stays afloat.

When trading exchanges make money either way, even if you lose or earn, because they take a cut from your trades, meaning there isn't anyone trying to make you lose money, nobody cares about it, so if you are good at what you do, then you could make a good chunk of profit from it.
Thats how business works and gamblers doesnt really mind much about house edge but rather they would be mainly thinking about on the current things that they've been dealing.As long they could get those winning moments or situations then they would really make out bets for longer runs or as long as they do have those capital or money into their pockets.Risk is higher on something which you've been dealing
that has house edge.

COmparing up gambling to trading is totally different.Risk would be there but the level of risk would be entirely differ into each other and you would eventually find out for yourself
about these stuffs when you do have active dealing in both things.You would eventually realize the differences.

R


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September 18, 2022, 09:39:18 AM
 #97

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

I think it's different when you can do some analysis for trading but not for gambling, both of them have their own risk and we can't predict what will exactly happen in the future. I do once think that gambling and trading is likely the same but because when I do trading without any skill/education and only do YOLO, so when I got a profit I think that my profit is like a gamble.


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September 20, 2022, 06:44:21 AM
 #98

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
If you develop a system and have a record book of your trades in which you can prove a 60% win probability over a sample space of say 100 Trades, then it's definitely not Gambling. Gambling just has 49% probability of winning over a longer term which means there are 100% chances you will end up losing money over a 100 or let's say 1000 gambles sample because of the House Edge. In trading first thing that you can do is have a risk-reward ratio to ensure that you are losing less on bad trades and winning more on winning trades with this even 60% of correct trades can give you 50-60% ROI on your money. But yes if you are doing it blindly just buying and selling then obviously it's nothing less than a form of gambling.
^ You are definitely right, if you don't have knowledge in trading and doing it blindly without any calculation or everything then, that is a form of gambling.
Because you are just relying on luck and the result of your action in the market hoping that there is a big return or ROI.
Trading cannot be called it is a form of gambling once you have knowledge of it, because this is not based on luck, it needs pure skills that improve your chances to chase profit. It needs technical and fundamental analysis in trading while in gambling this is not applicable.
That is the main difference, those that do not really know anything about trading and that rely on signals or hunches cannot be said to be trading and instead they are gambling, but those which have dedicated years of their life to study the markets and to create several strategies in order to profit from them cannot be said to be gambling because they are not relying on their luck, now it is true that even with those strategies they cannot win all the time, however we need to question ourselves who is able to win all the time at anything? And when we think about it no one can do something like that, so that argument that is used against traders in order to liken trading to gambling lacks any substance.
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September 22, 2022, 08:36:34 PM
 #99

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

I think it's different when you can do some analysis for trading but not for gambling, both of them have their own risk and we can't predict what will exactly happen in the future. I do once think that gambling and trading is likely the same but because when I do trading without any skill/education and only do YOLO, so when I got a profit I think that my profit is like a gamble.
When you are already applying something like putting up some analysis then it wouldnt really be considered gambling anymore because if we do speak about gambling then someone isnt really minding on putting those
considerations.Unlike when you are applying some analysis and knowledge towards every actions you do make, which it isnt really that limited only on trading but also in other things as well.
This is why its really that just right that you shouldnt really miss out on doing so if ever you do deal up with trading because this isnt a gambling game which you could just simply put your money and expect fast
results and we know that chances or odds on profiting will really be that entirely different.

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September 22, 2022, 09:48:42 PM
 #100

I think this has something to do on the relation between gambling and speculation.  Many of us mistakenly think that speculation is some kind of gambling.  We all know speculation is one of the major factor of trading thus, thinking that speculation is almost the same as gambling may bring us the thought that trading is another form of gambling.

That may sound reasonable but in its terms and definition speculation and gambling is a very different action that is use to increase wealth under condition of risk and uncertainty.[1]

The difference between the two are very noticeable by simply looking at how these two action are created.  Speculation are action that involved a calculated risk and research before a person enters a financial transaction while gambling involves a game of chance.

With that definition, it is a rebuttal that trading is another form of gambling.

For more information you can check the explanation on the link below.



[1] https://www.investopedia.com/ask/answers/042715/what-difference-between-speculation-and-gambling.asp
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September 22, 2022, 10:26:43 PM
 #101

In gambling you are just making your risk with your funds without having a prior knowledge how does the game works or just being dependent with the luck. In trading you'll need to have an investment with your knowledge before executing a position with the trade to earn money. In easy term gambling is a higher risk but easy to play and trading need to invest knowledge but possible to play with minimal risk because of the users chance of leverage.

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September 23, 2022, 04:47:41 AM
 #102

It can be the same if the person who is trading has no clue what he is doing and executing random trades. Gambling depends completely on luck and requires little to no skill at all. On other hand, trading might help you if you have little luck, but depends more on your skill and how much better you know the market. You don't have any control over the losses/bets that you place when you are gambling and you might lose everything. But with trading, you have full control over your investment and trades. The more you know and learn/do researches about the market, the better you will be at trading. But the more you keep on gambling, the more you will be losing because in the long run, it is the casino that will always win.

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len01
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September 23, 2022, 07:37:26 AM
 #103

i will try to explain slowly. e.g. bitcoins. bitcoin can be called a digital currency that can be used for gambling.

now the explanation is that it all depends on the owner of the crypto.
for example we hold crypto as a long-term asset or a short-term asset (trading) that does not mean gambling, yes, this is the same as the stock market.
but when we hold crypto and go to a gambling site to bet on a poker table, it's just called gambling.
like you are holding a knife. when you use the knife only to cut fruit and vegetables it's fine. but if the knife you hold for you to use kills that person is not very good.


so in conclusion, trading and gambling are different. because trading in the market (such as stocks) and gambling is done on a gambling table.
and trades can earn huge profits or losses with some analysis. but gambling

so cannot be analyzed because no one will be able to fight the bookies.
so don't think that trading is like gambling. if you think trading is the same as gambling, how about investing in stocks?

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September 23, 2022, 11:37:27 AM
 #104

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
The biggest difference between trading and gambling is that a trader can lose the value of his asset temporarily or for a long time in his trading but it can be regained. There is no such chance in gambling. But if I compare gambling with some shit coins then there will have some similarities. For example, in gambling, there is a big chance to either win or lose. In the same way investing in Shit coins can make huge asset gains otherwise all will be lost forever.

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September 23, 2022, 05:01:23 PM
 #105

on the other hand for traders and ordinary people who do not have the knowledge to trade correctly and only play guesswork of course it is called gambling,
not only trading crypto, trading anything in the real world must also have knowledge, if not you going to play gambling, that's very clear.

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September 23, 2022, 05:37:09 PM
 #106

Trading and gambling are two different entities.

Trading is investing in a business or stock in hope of it rising so you can make some profit.
Gambling is investing or spending on a game and hoping for it to fall out right.
In trading, there are fundamental analysis and critical analysis you have to do before putting your money into it.
But in gambling, you've got zero power or control over it.
Trading and gambling are of course different but with similar features. Even gambling you'll to make some analysis before throwing up your money. You can not just wake up and stake your money without proper observation and analysis unless you do not want to win any dime. For the both, you don't have control over them. The only difference is that on trading, you can not watch your money disappear at once thou you can lose some part of it even if it does not go well but in gambling your capital can disappear in a twink of an eye  Grin

R


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Mauser
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September 24, 2022, 07:09:26 AM
 #107

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

I don't think that trading is a form of gambling, there are some similarities but it's not the same. First of all in gambling, when you place a bet at a casino you have nothing left. Your money is with the house and you only have a chance to make a profit on one single round. The round happens usually really fast and you know instantly if you won or lost - there is no grey area, you either make a profit or your money is gone. It's not like you can say that you made an error in your judgement and tomorrow the casino will correct your bet. In the gambling world you can only recover past losses with new money and new gambling. In the trading world things are different, once you place a trade you hold an actual asset and will profit of a rise in prices even it only happens in a few weeks. With bad bets your money is lost, but with bad trades you can always sell and get atleast some money back.
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September 24, 2022, 07:16:25 AM
 #108

If you think that way, anything you do in your life can become gambling.

Starting a business: Gambling. Lot's of shit can go wrong and you can lose your investment.
Getting a college degree: Gambling. The degree you will get can become obsolete in the future. You will lose your time and money which you invested in that paper.
Getting married: Gambling. If you have a bad wife/husband, that will ruin you both financially and emotionally. Risky move.
Buying a used car: Gambling. It might drive well for a week and then can crap on you.

So trading can become gambling as well...

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September 24, 2022, 08:03:00 AM
 #109

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Trading is not like gambling . gambling is totally different thing . trading is like a stock business . you can buy and sell a coin or product digitally . here one trader can get profit or loss some. but gambling is a bad Addiction and this is done by betting on something.  There are two aspects here.  A person will either win and win a sum of money.  Otherwise he loses his bet and loses all his funds
Yes I agree with what you said that there is a clear difference between trading and gambling,
gambling is more dominated by luck but for trading it requires knowledge and skills,
Gambling will not make us rich and will only make us lose, sometimes profit

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September 24, 2022, 09:24:36 PM
 #110

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Trading is not like gambling . gambling is totally different thing . trading is like a stock business . you can buy and sell a coin or product digitally . here one trader can get profit or loss some. but gambling is a bad Addiction and this is done by betting on something.  There are two aspects here.  A person will either win and win a sum of money.  Otherwise he loses his bet and loses all his funds
Yes I agree with what you said that there is a clear difference between trading and gambling,
gambling is more dominated by luck but for trading it requires knowledge and skills,
Gambling will not make us rich and will only make us lose, sometimes profit
Trading also depend on luck some time. but it is normally depend in knowledge and good skill. and for gambling skill & knowledge also help to win. but must of the time it depend in luck

Gambling can also make someone rich but need a better luck . and trading can make someone rich to poor . it also can happen but we can't say gambling and trading is same. Two are different things and both have risk
^I don't know if this is right, but for me, trading is trading, you cannot be called gambling, and gambling is gambling you cannot call them trading. They always have different functions. It is a dump if you go in trading without knowledge right? You cannot be called gambling if you don't have knowledge of trading, or if you are based on luck. However, gambling is purely based on luck, and skills are required but the majority is luck.
People need to understand that trading is not an easy way to make money.

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September 24, 2022, 10:53:21 PM
 #111

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
Trading is not like gambling . gambling is totally different thing . trading is like a stock business . you can buy and sell a coin or product digitally . here one trader can get profit or loss some. but gambling is a bad Addiction and this is done by betting on something.  There are two aspects here.  A person will either win and win a sum of money.  Otherwise he loses his bet and loses all his funds
Yes I agree with what you said that there is a clear difference between trading and gambling,
gambling is more dominated by luck but for trading it requires knowledge and skills,
Gambling will not make us rich and will only make us lose, sometimes profit
Trading also depend on luck some time. but it is normally depend in knowledge and good skill. and for gambling skill & knowledge also help to win. but must of the time it depend in luck

Gambling can also make someone rich but need a better luck . and trading can make someone rich to poor . it also can happen but we can't say gambling and trading is same. Two are different things and both have risk

Both can generate profit and both are risky. I have not seen anyone get rich from gambling, most of the people who focus on gambling full time can call gambling addiction, these people are bankrupt, have no stable job even no gambling money, they also cause social evils. But trading, there have been a lot of people getting rich, I see a lot of traders making a lot of money not only in the crypto market but also in other markets like stocks, forex. There are a lot of full time traders and they can make daily profit. You can tell they are not the same.

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September 25, 2022, 02:35:38 AM
 #112

^I don't know if this is right, but for me, trading is trading, you cannot be called gambling, and gambling is gambling you cannot call them trading. They always have different functions. It is a dump if you go in trading without knowledge right? You cannot be called gambling if you don't have knowledge of trading, or if you are based on luck. However, gambling is purely based on luck, and skills are required but the majority is luck.
People need to understand that trading is not an easy way to make money.
It will depend on us how we understand it. In my case I consider them based on strategy and having knowledge. In gambling it might be random or base on luck but we can decide how to strategize it once we know our cards or our standing in the game and we can also decide what to do when we lose or win like in trading. It will depend on us how we will see it as long as we know what we do and we have budget and control to do it then it will be fine.

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September 25, 2022, 10:55:04 AM
 #113

^I don't know if this is right, but for me, trading is trading, you cannot be called gambling, and gambling is gambling you cannot call them trading. They always have different functions. It is a dump if you go in trading without knowledge right? You cannot be called gambling if you don't have knowledge of trading, or if you are based on luck. However, gambling is purely based on luck, and skills are required but the majority is luck.
People need to understand that trading is not an easy way to make money.
It will depend on us how we understand it. In my case I consider them based on strategy and having knowledge. In gambling it might be random or base on luck but we can decide how to strategize it once we know our cards or our standing in the game and we can also decide what to do when we lose or win like in trading. It will depend on us how we will see it as long as we know what we do and we have budget and control to do it then it will be fine.
How we approach trading depends largely on a trader. An ignorant trader doesn't know about trading, he only knows buying and selling, trading can seem like gambling to him, it's normal. But similarly those who have good knowledge of trading it will be considered as a means of investment. That trader or investor will never compare trading with gambling.

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September 25, 2022, 11:46:19 AM
 #114

^I don't know if this is right, but for me, trading is trading, you cannot be called gambling, and gambling is gambling you cannot call them trading. They always have different functions. It is a dump if you go in trading without knowledge right? You cannot be called gambling if you don't have knowledge of trading, or if you are based on luck. However, gambling is purely based on luck, and skills are required but the majority is luck.
People need to understand that trading is not an easy way to make money.
It will depend on us how we understand it. In my case I consider them based on strategy and having knowledge. In gambling it might be random or base on luck but we can decide how to strategize it once we know our cards or our standing in the game and we can also decide what to do when we lose or win like in trading. It will depend on us how we will see it as long as we know what we do and we have budget and control to do it then it will be fine.
How we approach trading depends largely on a trader. An ignorant trader doesn't know about trading, he only knows buying and selling, trading can seem like gambling to him, it's normal. But similarly those who have good knowledge of trading it will be considered as a means of investment. That trader or investor will never compare trading with gambling.
That's true and indeed basically trading or gambling are two different things,
trading is not only about buying and selling but it also requires knowledge and skills,
for gambling it's like depending on luck alone

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September 25, 2022, 12:56:42 PM
 #115


That's true and indeed basically trading or gambling are two different things,
trading is not only about buying and selling but it also requires knowledge and skills,
for gambling it's like depending on luck alone

They may not be completely the same, but sometimes gambling also needs a lot of skills to win, not only depending on luck. As Eternate said, in gambling also needs a strategy, you must know where your position is, who are you playing with ...I think that if there is a good strategy, gambling can also bring good profits, just stop at the right time and only play in our ability. For trading, if you do not have knowledge and buy and sell by emotions, you are no different from a gambler.

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September 25, 2022, 02:12:43 PM
 #116

<snip>
There are gambling games that most of the time does not rely on luck, in which as like what you have said requires some knowledge and skills. One of these games is I believe a widely known game worldwide, Poker.

Sometimes trading is also being connected with gambling since you are taking risk. But these two are really different from each other despite of them being seemingly alike.

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September 25, 2022, 02:50:22 PM
 #117

<snip>
There are gambling games that most of the time does not rely on luck, in which as like what you have said requires some knowledge and skills. One of these games is I believe a widely known game worldwide, Poker.

Sometimes trading is also being connected with gambling since you are taking risk. But these two are really different from each other despite of them being seemingly alike.

They are situations that complement each other, sometimes you don't necessarily have to think about what they can be in the influence (-) of each area, it's the ability you have in each of them and use them in the objective you pursue.

 That applies to any area in which your skills stand out, this comparison (Gambling) is always mentioned but in a negative sense, perhaps for some in the idea that since the results are not coming when trading they look for excuses.

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September 25, 2022, 07:04:28 PM
 #118

Many people consider trading and gambling equal but which is not true at all. Although trading seems like gambling but it always depends on luck but that is not appear in trading. Gambling is much easier than trading. Traders always want to avoid risk whereas a gambler has to gamble with maximum risk. If you think about it like this way you will see a lot of difference. So I don't think that trading and gambling are the same.

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September 25, 2022, 07:34:11 PM
 #119

on the other hand for traders and ordinary people who do not have the knowledge to trade correctly and only play guesswork of course it is called gambling,
not only trading crypto, trading anything in the real world must also have knowledge, if not you going to play gambling, that's very clear.

Most crypto traders start their trading career without acquiring proper knowledge of trading. They start trading based on guesses hoping for quick profits, but most of the time these activities prove wrong, they lose funds and cannot survive in the market. But gambling is really something else that is different from crypto trading. Once you get addicted to gambling it is difficult to get out of it and even your knowledge is not very effective here. On the other hand, if a trader can gain good knowledge about the market, he can make a lot of profit by trading.

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September 25, 2022, 08:33:33 PM
 #120

on the other hand for traders and ordinary people who do not have the knowledge to trade correctly and only play guesswork of course it is called gambling,
not only trading crypto, trading anything in the real world must also have knowledge, if not you going to play gambling, that's very clear.

Most crypto traders start their trading career without acquiring proper knowledge of trading. They start trading based on guesses hoping for quick profits, but most of the time these activities prove wrong, they lose funds and cannot survive in the market. But gambling is really something else that is different from crypto trading. Once you get addicted to gambling it is difficult to get out of it and even your knowledge is not very effective here. On the other hand, if a trader can gain good knowledge about the market, he can make a lot of profit by trading.
We do all start on being a noob which it would really be that understandable that we would really making out those initial mistakes when we are still a newbie which we do really have those kind of beliefs on mind that

money making or profits would really be that easy on the time we do make out trades,yet this would be your main or common impression once you do saw someone who do make profits but you dont

actually know on what are the challenges and trials which a certain trader do able to pass out before they do become profitable.You would soon realize for yourself that its never been easy.
You would really be requiring lots of trials and errors to have a good grasps on this market or else you wont really be that sustainable.

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September 25, 2022, 08:57:18 PM
 #121

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.

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September 25, 2022, 10:49:20 PM
 #122

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.
Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

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September 26, 2022, 12:06:26 AM
 #123

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.
Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.
Businesses and investing is you actually gambling with loses. I am not in any way saying that trading or investments is a gamble instead, I am saying, there is always a risk of lose when ever your trying to make profit on an investment or business.
Depending on your know how or how well, you are going to either profit or lose but, there will always be a difference as to what magnitude and how frequent you do this.
That's what makes the most difference in all else, you can't really shy away from being met by loses. It's not how the system of profiting making works!
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September 26, 2022, 04:55:49 AM
 #124

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.
Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

What you say is enough to explain that trading is not gambling, no matter how great our trading skills are, it is impossible to trade without losing at all.
But what distinguishes trading from gambling, we can minimize the losses we experience when trading with an effective strategy. Very different
from gambling which does rely on our luck to be able to profit, so it is very possible when gambling we lose until all our capital runs out.
Therefore, gambling cannot be used as a source of income, while trading can be used as a main job if we really can generate profits which are greater
than the losses we experience. That is why professional traders who trade as a main job still suffer losses. Because in trading it is impossible
to avoid losses, there can only be minimize losses.

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September 26, 2022, 08:42:58 AM
 #125

<snip>
There are gambling games that most of the time does not rely on luck, in which as like what you have said requires some knowledge and skills. One of these games is I believe a widely known game worldwide, Poker.

Sometimes trading is also being connected with gambling since you are taking risk. But these two are really different from each other despite of them being seemingly alike.

Well, poker is not so good example here, but betting on sports is! Poker is a live game, you need some different kinds of skills than for trading and sports betting. Following some team is similar to following a coin/token, you need to know the team, their weaknesses, and what they can do... then you add other teams and you have pairs, simply you need good research if you wish to make a good trade or to find some good pick in sports betting. And by the definition, if you invest in something to get more you are gambling, because there's no 101% safe investment, and you always can count your chances of winning and losing.

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blockman
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September 26, 2022, 10:52:47 AM
 #126

Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.
Businesses and investing is you actually gambling with loses. I am not in any way saying that trading or investments is a gamble instead, I am saying, there is always a risk of lose when ever your trying to make profit on an investment or business.
Depending on your know how or how well, you are going to either profit or lose but, there will always be a difference as to what magnitude and how frequent you do this.
That's what makes the most difference in all else, you can't really shy away from being met by loses. It's not how the system of profiting making works!
Yes, that's the essential comparison of trading, gambling and investments, we're talking about it with the risks that they all have.
And they're not different for having it because they all do require to have risk and there's no risk free when there's a chance to gain money. The principle is what differs and everyone can have their own explanation towards the comparison of these ways of making money aside from gambling itself.

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September 26, 2022, 03:22:28 PM
 #127

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.
Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

What you say is enough to explain that trading is not gambling, no matter how great our trading skills are, it is impossible to trade without losing at all.
But what distinguishes trading from gambling, we can minimize the losses we experience when trading with an effective strategy. Very different
from gambling which does rely on our luck to be able to profit, so it is very possible when gambling we lose until all our capital runs out.
Therefore, gambling cannot be used as a source of income, while trading can be used as a main job if we really can generate profits which are greater
than the losses we experience. That is why professional traders who trade as a main job still suffer losses. Because in trading it is impossible
to avoid losses, there can only be minimize losses.
Not all gambling relies solely on luck. If you like sports betting, I think you will see the odds that result from 2 teams competing. together we must do research and gather information on what we will choose. in trading, it must be the same. Before planning, of course, there are tools used to make an analysis.
if what is being compared is sports betting, it looks the same, doesn't it?
maybe different if the comparison is a slot, dice, or card game.









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September 27, 2022, 12:03:39 PM
 #128

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.
Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

What you say is enough to explain that trading is not gambling, no matter how great our trading skills are, it is impossible to trade without losing at all.
But what distinguishes trading from gambling, we can minimize the losses we experience when trading with an effective strategy. Very different
from gambling which does rely on our luck to be able to profit, so it is very possible when gambling we lose until all our capital runs out.
Therefore, gambling cannot be used as a source of income, while trading can be used as a main job if we really can generate profits which are greater
than the losses we experience. That is why professional traders who trade as a main job still suffer losses. Because in trading it is impossible
to avoid losses, there can only be minimize losses.
Not all gambling relies solely on luck. If you like sports betting, I think you will see the odds that result from 2 teams competing. together we must do research and gather information on what we will choose. in trading, it must be the same. Before planning, of course, there are tools used to make an analysis.
if what is being compared is sports betting, it looks the same, doesn't it?
maybe different if the comparison is a slot, dice, or card game.

It cannot be said that trading is another form of gambling, but gambling also has many types, including those where you need to have skill and experience to win rather than rely entirely on luck.
For me, gambling and trading aside from their differences, there are also similarities. If you trade without knowledge then you are gambling, if you gamble with skills and experience that help you to win and give you good profits then that is also considered a business.

Also, in many countries trading is considered legal and good business but gambling is illegal and you are a criminal if you organize gambling or engage in other forms of gambling. Therefore, it is impossible to say that they are the same, but that depends on each person's perspective.

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September 27, 2022, 03:32:41 PM
 #129

Gambling and trading vary considerably, and I agree that a professional should start focusing on trade rather than gambling. The truth is that when you gamble, all you can do is wish to gain, however when you trade, you have to pick a strong-based coin that will inevitably pump and benefit you. On the basis of the earnings they offer, there is actually a significant distinction.

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September 27, 2022, 06:01:04 PM
 #130

Gambling is pure chance.

There are several different types of trading:

1. Buy and Hold. Long term traders who are actually more investors. They buy and hold it for a few months to a few years.
2. Day trading. Short term. They buy and sell within a few days. Not very often in the same day.
3. Scalping. Usually forex, but now we them in crypto. They buy or sell within minutes or even seconds.

The traders do all sorts of technical analysis and where you see all those charts with drawings.

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September 27, 2022, 06:30:53 PM
 #131

Gambling and trading vary considerably, and I agree that a professional should start focusing on trade rather than gambling. The truth is that when you gamble, all you can do is wish to gain, however when you trade, you have to pick a strong-based coin that will inevitably pump and benefit you. On the basis of the earnings they offer, there is actually a significant distinction.
Gambling and trading are both anticipated for Profits and I'm fully into trading after having a big loss in gambling. They are both risky and one thing I know for sure is that gambling is more like an addiction, same thing to trading. Moreover trading required one to have a necessary compound skills in other to observe the market while gambling is just mere guessing and choosing for the big odds which are equivalent to gigantic profits. Trading coins pumps, profits suits in but if the coin dumps, you lose depending on your margin. While gambling, choosing small odds brings in small profits but with big odds, big profits are on the way.

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September 27, 2022, 07:44:50 PM
 #132

Businesses and investing is you actually gambling with loses. I am not in any way saying that trading or investments is a gamble instead, I am saying, there is always a risk of lose when ever your trying to make profit on an investment or business.
Depending on your know how or how well, you are going to either profit or lose but, there will always be a difference as to what magnitude and how frequent you do this.
That's what makes the most difference in all else, you can't really shy away from being met by loses. It's not how the system of profiting making works!
Yes, that's the essential comparison of trading, gambling and investments, we're talking about it with the risks that they all have.
And they're not different for having it because they all do require to have risk and there's no risk free when there's a chance to gain money. The principle is what differs and everyone can have their own explanation towards the comparison of these ways of making money aside from gambling itself.
Calculating the risk and reward ratio is a big dale, it is not going to be that easy. Let's realize that it is not going to be easy for people to end up with this kind of risk and then get away with a big reward most of the time. Imagine you are gambling, you wager 1% chance to win for a 100x return, that means out of 100 tries, you will only win once on average, which could mean you could win it on your first try, or you could with in on your 185th try as well and lose money because of that.

Hence, same goes with investment as well, the bigger the risk you are taking, the bigger the reward but the lower the chance of earning something. People see bigger risk and feel hyped about it but lower chance of earning is a better word for it.
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September 27, 2022, 08:27:13 PM
 #133

Gambling and trading vary considerably, and I agree that a professional should start focusing on trade rather than gambling. The truth is that when you gamble, all you can do is wish to gain, however when you trade, you have to pick a strong-based coin that will inevitably pump and benefit you. On the basis of the earnings they offer, there is actually a significant distinction.
Gambling and trading are both anticipated for Profits and I'm fully into trading after having a big loss in gambling. They are both risky and one thing I know for sure is that gambling is more like an addiction, same thing to trading. Moreover trading required one to have a necessary compound skills in other to observe the market while gambling is just mere guessing and choosing for the big odds which are equivalent to gigantic profits. Trading coins pumps, profits suits in but if the coin dumps, you lose depending on your margin. While gambling, choosing small odds brings in small profits but with big odds, big profits are on the way.
There's really difference in numbers if we do pertain about on how much we had risks and how much we had bet on.There are lots of similarities but totally different on the application of analysis that had been done.

This is what makes trading is totally different with gambling, but hey its never been the same in terms of risk and how its been done.Trading would turn out to be a pure gamble if you dont apply analysis on it.

Gambling is simply guessing on what would be the outcome but somehow there are games or particular bets which do really still require out that analysis like in sports and card games.

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September 27, 2022, 09:25:52 PM
 #134

Yes, that's the essential comparison of trading, gambling and investments, we're talking about it with the risks that they all have.
And they're not different for having it because they all do require to have risk and there's no risk free when there's a chance to gain money. The principle is what differs and everyone can have their own explanation towards the comparison of these ways of making money aside from gambling itself.
Calculating the risk and reward ratio is a big dale, it is not going to be that easy. Let's realize that it is not going to be easy for people to end up with this kind of risk and then get away with a big reward most of the time. Imagine you are gambling, you wager 1% chance to win for a 100x return, that means out of 100 tries, you will only win once on average, which could mean you could win it on your first try, or you could with in on your 185th try as well and lose money because of that.

Hence, same goes with investment as well, the bigger the risk you are taking, the bigger the reward but the lower the chance of earning something. People see bigger risk and feel hyped about it but lower chance of earning is a better word for it.
In investments and businesses, you can make it happen that if there's a small chance, you can increase that.
The work that's needed for it to grow is much different than doing it with gambling that's why it's harder.
You don't rely on luck mostly but you can have yourself as your only way to grow into those and multiplying your money through hard work, knowledge and little of the luck.

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September 28, 2022, 05:15:30 AM
 #135

Yes, that's the essential comparison of trading, gambling and investments, we're talking about it with the risks that they all have.
And they're not different for having it because they all do require to have risk and there's no risk free when there's a chance to gain money. The principle is what differs and everyone can have their own explanation towards the comparison of these ways of making money aside from gambling itself.
Calculating the risk and reward ratio is a big dale, it is not going to be that easy. Let's realize that it is not going to be easy for people to end up with this kind of risk and then get away with a big reward most of the time. Imagine you are gambling, you wager 1% chance to win for a 100x return, that means out of 100 tries, you will only win once on average, which could mean you could win it on your first try, or you could with in on your 185th try as well and lose money because of that.

Hence, same goes with investment as well, the bigger the risk you are taking, the bigger the reward but the lower the chance of earning something. People see bigger risk and feel hyped about it but lower chance of earning is a better word for it.
In investments and businesses, you can make it happen that if there's a small chance, you can increase that.
The work that's needed for it to grow is much different than doing it with gambling that's why it's harder.
You don't rely on luck mostly but you can have yourself as your only way to grow into those and multiplying your money through hard work, knowledge and little of the luck.
By business we mean investment. There can be profit and loss when you invest. There may be tangible or intangible assets. Where one can increase his wealth through hard work if he wants. Gambling, on the other hand, means only placing money in gambling that either returns or does not completely disappear. Considering all these aspects, gambling cannot be compared to trading.

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September 28, 2022, 05:36:28 AM
 #136

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.
I don't think the point is the indeterminate outcome. comparing gambling and trading, I guess have to see from the system work done.

like gambling for sports betting, when you place a bet on a match between team A and team B. then you will put your money in one of the available opportunities. or maybe 2 bets. once you place a bet then you have no control over the money wagered. all depends on the results of the analysis of the match. If you win, you will get a profit. if you lose, you will lose.

different from trading. they buy assets to trade, and control over those assets is entire with you. depending on your satisfaction you want to sell the asset at the price you want. if the market and prices are not in your favor, the decision is also yours. willing to hold or sell at a loss. no one forces you to lose your money in trading.


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September 28, 2022, 11:38:40 AM
 #137

Gambling and trading vary considerably, and I agree that a professional should start focusing on trade rather than gambling. The truth is that when you gamble, all you can do is wish to gain, however when you trade, you have to pick a strong-based coin that will inevitably pump and benefit you. On the basis of the earnings they offer, there is actually a significant distinction.
The problem is that to some people the addictive nature of trading for short terms gains is likened to the dopamine rush experienced by gamblers. This is true in a large sense and hence th se topics becom very debate worthy.

Thing is that whether one gets addicted to trading and it's short term gains is a personal choice.

Being diligent about your investments, one can make a lot of long term profits from trading if done right. Specially bitcoin trading in the long term and avoiding altcoins which are mainly short term.

R


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September 29, 2022, 06:29:38 PM
 #138

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

Gambling and trading both are different. I think Gambling is not much benefit and good. But sometime take profit but not give to make us Rich. Trading always give profit because skills and knowledge always give profit not lose

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September 29, 2022, 06:40:40 PM
 #139

Trading isn't a form like gambling because in trading you have to make research and make the proper analysis before investment. So gambling is fully a different form and trading is not like gambling.
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September 29, 2022, 07:59:06 PM
 #140

Trading and gambling are frequently compared, however the connection is not entirely accurate. However, there are some similarities between the two ideas. You will have a lot better understanding of what it really means to be an investor once you realize how trading differs from gambling.
You will need to learn about markets, technical indicators, chart analysis, and financial statement reading in order to trade. To play casino games, you only need to be of legal age.

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October 01, 2022, 03:12:02 PM
 #141

A lot of people have this conflict about the difference between gambling and trading. What is the defining factor in considering both.

Gamblers are basically looking for luck from their prediction. So gambling is all about taking chance or luck of an outcome. A gambler who won a game is said to have luck on his side.

Trading is not about luck. No trader will have a successful trade and call it luck. In fact, a trader who makes successful trades cannot be said to have luck after luck as there's no such thing. TRADING IS NOT GAMBLING!
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October 01, 2022, 06:38:10 PM
 #142

Trading is like gambling but can't be regarded as gambling just because it shares certain few features with gambling technicalities in terms of prediction, analysis and odds that be.

Getting into trading it's like trying to learn a skill with a sense of direction unlike gambling that's just mostly based on prediction and luck streaks.
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October 01, 2022, 06:46:10 PM
 #143

Trading is like gambling but can't be regarded as gambling just because it shares certain few features with gambling technicalities in terms of prediction, analysis and odds that be.

Getting into trading it's like trying to learn a skill with a sense of direction unlike gambling that's just mostly based on prediction and luck streaks.

In anything we do in life, nothing is so sure and certain. There is some iota of luck and there is some iota of skills. What differentiate the two is the level or percentage of lucky, compared to percentage of skill. The who that has higher percentage would be called the principal. For example, gambling is 70% luck and 30% skills and we say it is gambling. While trading is 70% skills and 30% luck and we call it trading. They share similar features and both has the ability to make one lose money.

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October 01, 2022, 07:56:50 PM
 #144

Trading is like gambling but can't be regarded as gambling just because it shares certain few features with gambling technicalities in terms of prediction, analysis and odds that be.

Getting into trading it's like trying to learn a skill with a sense of direction unlike gambling that's just mostly based on prediction and luck streaks.
I think of trading as very similar to other buying and selling that we need in real life. As commodities are actually bought and sold and their prices fluctuate. But in Cryptocurrencies trading here the price fluctuate rate is high. On the others hand playing gamble  where you can loose your all fund at once but in trading it will different because when you will face the loss you fund price will decrease .so trading and gamble can't be on that.



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October 01, 2022, 11:59:19 PM
 #145

Supposedly, trading is not the same as gambling,
But in practice, many traders, especially beginners, carry out trading activities by gambling.
Many of them don't start trading activities with some analysis but only based on their feeling, luck, or hype only. They only believe in what other people say, moreover they are influencers that really have a big influence. This case or trading activity should be done wisely, smartly, and also carefully, but in fact, not all people can do that.
If someone is only laying their trading activities based on luck or without any analysis, this means that they are also gambling at once, aren't they?

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October 04, 2022, 08:11:45 PM
 #146

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.
Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

I know very well what you are saying, but at least with knowledge and trading experience we can avoid a lot of losses. I myself even suffered losses due to bad news and FUD. So I add that you need to be careful every time you make a decision when trading so as not to aggravate your financial loss.

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October 04, 2022, 08:59:31 PM
 #147

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.
Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

I know very well what you are saying, but at least with knowledge and trading experience we can avoid a lot of losses. I myself even suffered losses due to bad news and FUD. So I add that you need to be careful every time you make a decision when trading so as not to aggravate your financial loss.
Every decision should really be think off carefully because it could neither cost us profit or would totally lose up money.There's no guarantee that every trade you would make out will eventually ending up profitable.
Even if you are already that veteran or professional, then losses would be inevitable and this is should the thing you put up into your mind.Trading wont really be ending up like gambling if you do apply
analysis and knowledge on every decision you would make.Any decisions in life and not only on gambling field which you dont really mind off or doesnt have the knowledge through it and just simply
made out decisions without thinking up properly.

R


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October 04, 2022, 09:59:10 PM
 #148

I know very well what you are saying, but at least with knowledge and trading experience we can avoid a lot of losses. I myself even suffered losses due to bad news and FUD. So I add that you need to be careful every time you make a decision when trading so as not to aggravate your financial loss.
Losses are very difficult to avoid. But with having sufficient knowledge and experience, we can minimize the chances of a big loss. People who don't have knowledge and experience may choose random meme coins or new coins, then lose all their money. That's why we need to have knowledge, to avoid choosing the wrong coins. Many people lose all their money because they don't know the potential or the risk of choosing crypto coins. They only choose coins that are the most hype at that moment, they buy in hurry without analyzing the coins first.


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October 04, 2022, 10:52:25 PM
Last edit: October 04, 2022, 11:05:19 PM by Wawa2013
 #149

I know very well what you are saying, but at least with knowledge and trading experience we can avoid a lot of losses. I myself even suffered losses due to bad news and FUD. So I add that you need to be careful every time you make a decision when trading so as not to aggravate your financial loss.
Losses are very difficult to avoid. But with having sufficient knowledge and experience, we can minimize the chances of a big loss. People who don't have knowledge and experience may choose random meme coins or new coins, then lose all their money. That's why we need to have knowledge, to avoid choosing the wrong coins. Many people lose all their money because they don't know the potential or the risk of choosing crypto coins. They only choose coins that are the most hype at that moment, they buy in hurry without analyzing the coins first.

If we decide to trade crypto, it is impossible to avoid losses, even professional traders will experience losses. But if we are able to minimize
our losses, and managed to generate greater profits than the losses we experienced, meaning that we are successful traders. It's not easy
trading crypto, we have to learn a lot of things first and also practice a lot, and it requires a long process. Because becoming a successful trader
can not be in a short time, so as long as we don't give up when we experience losses and continue to fix the mistakes we make, in the end
we will become successful traders.

That's why successful traders will not buy coins randomly, and will research and analyze which coins are profitable for trading. Then after that
studying the movement of the coins, so it can predict where the coins will move. So trading can indeed be used as a main job, if we already
understand how to trade well. Very different from gambling activities that only rely on luck, that is why trading cannot be equated with gambling.

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October 05, 2022, 07:08:26 PM
 #150

Although both include risk, trading involves making predictions that are as accurate as possible, whereas gamblers are unable to make predictions and can only rely on chance, particularly when playing dice games. In a similar vein, a trader must support their trading with expertise, knowledge, and understanding of trade strategy, although gambling doesn't require much of this. Despite all this story  trade will always be call trade and gamble will always be call gamble

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October 05, 2022, 07:29:46 PM
 #151

Although both include risk, trading involves making predictions that are as accurate as possible, whereas gamblers are unable to make predictions and can only rely on chance, particularly when playing dice games. In a similar vein, a trader must support their trading with expertise, knowledge, and understanding of trade strategy, although gambling doesn't require much of this. Despite all this story  trade will always be call trade and gamble will always be call gamble

Its comparable on  something that you do make out analysis when you do deal up with something is that you could really have a higher chance for you to make profits unlike on something that you do make pure

guess or randomly making out choices which is the true essence when you do gamble.Trading could really be a gambling if you do just simply make out some trading decisions without any basis.

Not only on trading but also in other things as well.If you dont apply something like analysis when making up decisions then it is purely a gamble thing.
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October 05, 2022, 08:51:39 PM
 #152

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.
Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

I know very well what you are saying, but at least with knowledge and trading experience we can avoid a lot of losses. I myself even suffered losses due to bad news and FUD. So I add that you need to be careful every time you make a decision when trading so as not to aggravate your financial loss.
Yes, having extensive knowledge and experience in trading I think it is a very valuable capital,
basically trading cannot be separated from losses and that is indeed the risk,
but at least with that knowledge and experience it can make us more careful and minimize the risk

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October 05, 2022, 10:40:48 PM
 #153

Gambling is gambling, trading is trading. They are not the same, but both are very risky. If gambling, you may not have much to learn, there are varieties of gambling games that is very easy, but if you want to trade, you have to learn it. If I should choose one, I would prefer trading, but the losses can be the same for newbies, even many people that is trading for over a long time can still be losing.

Use the amount of money that you can afford to lose to trade or gamble.
Yes it is definitely ok. Everyone is different from their place. You might give the gambling section it's purely on luck. Again trading someone you can give on luck but trading is complete It can be brought to one's mastery by analysis.However, both are very risky.And it doesn't matter that you may not have much experience especially on gambling.But you must have enough knowledge and experience on the trading platform otherwise you can never succeed in trading.As said earlier I definitely agree and I will also choose trading platform from gambling because in first case if I take loss then later I must try to recover from there.And the trading platform also has recovery options.And there is no recovery option in gambling section.

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