Is trading gambling in another form?

[Hodoor]

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.

[Kelvinid]

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.

[Coin_trader]

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.

[Ketesnuko]

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.

[FlamingFingers]

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

[Hyphen(-)]

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.

[YOSHIE]

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.

[alik111]

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.

[coupable]

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 .

[sunsilk]

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.

[TelolettOm]

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.

[pooya87]

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.

[NdaMk]

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.

[Poker Player]

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.

[DevFile90]

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.

[EarnOnVictor]

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.

[Charles-Tim]

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.

[Eternad]

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.

[Charles-Tim]

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.

[alik111]

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.