Is trading gambling in another form?

[Peanutswar]

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.

[1714275180]

1714275180

[adzino]

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.

[len01]

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?

[BobK71]

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.

[globalpain]

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.

[knowngunman]

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 

[Mauser]

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.

[mindrust]

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...

[judaspriest]

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

[DoublerHunter]

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.

[posi]

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.

[Eternad]

^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.

[BobK71]

^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.

[ningrum]

^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

[fuguebtc]

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.

[Eureka_07]

<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.

[famososMuertos]

<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.

[BobK71]

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.

[ScamViruS]

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.

[stomachgrowls]

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.