Gambling is different from trading

[lalabotax]

I was doing a comparison between gambling and trading I find out that their is merging between trading and gambling, I want to explain the categories of trading and gambling from my research gambling don't have to do with skills, but people prefer gambling than trading, .
..

It should be different.
but practically, many people are doing trading like gambling. Just like betting or slots. Sometimes they just bet on what they are trading, without any underlying reason or even post-analysis skills. Trading requires analysis as well as various other keys to success. But if you only apply it like betting, especially if you only rely on luck, this will be very bad.

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[usekevin]

Gambling is totally different from the trading,the gambling needs luck and trading needs analysis of previous chart history.When you had learned of chart of previous trades,then easy to find the investment price.Then it also help you to know how much rise in the price of certain coins, which is best price to withdraw your funds with the profits.In gambling,you should do background verification of your using gambling sites.

[SOKO-DEKE]

I was doing a comparison between gambling and trading I find out that their is merging between trading and gambling, I want to explain the categories of trading and gambling from my research gambling don't have to do with skills, but people prefer gambling than trading, but I kicked against gambling because it does not have control that leads to victory during time of diecasting your prediction in gambling therefore I concluded that gambling have to do with luck.

Both gambling and trading are ways of making profit and they both  involve risk and with is I think bot gambling and trading have much similarity but the difference I see there is that gamble doesn't need much knowledge before someone become successful and doesn't consumed time in term of predict, just in short it chances of lucky compare to trading that someone will lose if it doesn't have proper knowledge. As for me, I see gambling as a thing that takes the chance of luck because it doesn't require much knowledge, and someone does not need to work hard before someone can be a gamble winner, but in trading, someone needs to be very skilled in terms of trading and work hard before someone can become successful in trading. 

[Bushdark]

Mere looking at the two, gambling has a little different with trading with some similarities. If you take a look from my angle, you will see that trading has some certain level of risk with gambling that are much likely to be the same. Although with gambling you can easily get your result and find your way as quick as possible. Those of us that are gamblers at the same time a trader would see from my own perspective that the two has common similarities.

For you to gamble, you would need a casino or gambling platforms that would aid that, same thing with trading we all need an exchange or brokers for us to trade and make profits without stress and that is if we know how to trade very well and have the skills.

[omgitsmehehe]

Gambling is totally different from the trading,the gambling needs luck and trading needs analysis of previous chart history.When you had learned of chart of previous trades,then easy to find the investment price.Then it also help you to know how much rise in the price of certain coins, which is best price to withdraw your funds with the profits.In gambling,you should do background verification of your using gambling sites.

Both triggered both profits and losses. Gambling and trading shares different views, gambling is easy to start betting on games because it doesn't require any thorough process unlike trading that one needs to be actively ready to ready trading related books, inother to mastered the whole idea of trading. There's nothing like the word luck exits in trading, it's absolutely what you know that one need to make crucial analysis on the market. I'm so much interested trading because it's more reliable than mere gambling that mostly results to addiction.

[bittraffic]

Gambling is totally different from the trading,the gambling needs luck and trading needs analysis of previous chart history.When you had learned of chart of previous trades,then easy to find the investment price.Then it also help you to know how much rise in the price of certain coins, which is best price to withdraw your funds with the profits.In gambling,you should do background verification of your using gambling sites.

Both triggered both profits and losses. Gambling and trading shares different views, gambling is easy to start betting on games because it doesn't require any thorough process unlike trading that one needs to be actively ready to ready trading related books, inother to mastered the whole idea of trading. There's nothing like the word luck exits in trading, it's absolutely what you know that one need to make crucial analysis on the market. I'm so much interested trading because it's more reliable than mere gambling that mostly results to addiction.

Luck in trading could be coincidence to the market that normally goes up and down. But once a person learns trading somehow he's more careful on it. Sometimes when they get really serious about it, they read more about strategies and indicators.

Trading is close to gambling but the government is not really considering Forex market as gambling unlike the crypto regulators in Europe that treats exchanges as casino platforms. I think this is OP is going with his question.

[Sexylizzy2813]

Trading isn't gambling, gambling involves random chances and the possibility of something to happen, that's you not being sure of it. Gambling is a game of luck while trading has to do with skill. You're betting on your roll or dise to defeat everyone else, you can't control the roll of dise in gambling that's how you can't predict the market on a given day. That's to say trading can't be predicted on like gambling and there are similarities between the both of them (trading and gambling), they both involves high level of risk and it could cost you everything you have worked for so one need to be extremely careful in making decisions or the strategy to follow. The best is to focus on short-term gains rather than long term success.

[irhact]

I assume that there are more gamblers than traders. Trading is not that quite easy. Trading needs very good technical skills whereas in gambling you just have to research and be familiar with the sport. In sports betting, you can easily choose any of the odds from easy to the most difficult ones which is not available in trading. The higher the difficulty of the odds, the higher the rewards

That's why we have more gamblers than traders in the cryptocurrency market. Most new traders are just gambling, which is why they lose when they stop getting lucky. This type of traders wait for bull market before they can trade and when they only make profits because everything is increasing in value in bull market. When we're in an unfavorable market, they all stop trading because they don't know anything about trading.

Gambling is very easy to learn than trading because there's nothing to learn in gambling. Just know how to play the games and you can start gambling on your own but when learning trading you need a mentor as that's the best way to learn faster and not make mistakes.

[yhiaali3]

Trading and gambling have a lot in common but they are different from each other. But for me trading is much better than gambling, I trade but I never gamble.

Despite the similarity at first sight, trading is different and much better. First, you can only risk the money that you can afford to lose. Second, if the price of the coin falls, you can wait as long as you want for the coin to rise again and compensate for your loss.

But gambling is either a win or a loss, in addition to being addictive which can lead to the loss of all capital and even the sale of personal property.

[rat03gopoh]

I was doing a comparison between gambling and trading I find out that their is merging between trading and gambling, I want to explain the categories of trading and gambling from my research gambling don't have to do with skills, but people prefer gambling than trading, but I kicked against gambling because it does not have control that leads to victory during time of diecasting your prediction in gambling therefore I concluded that gambling have to do with luck.

In certain types of games such as PvP can rely on skill. And futures trading (which is relatively short) is basically luck and it can take all your capital like gambling. In both trading and gambling, all your orders and bets are predictive.
There is indeed a fundamental difference between the two if you look at it from a different perspective.

[Dr.Osh]

Trading and gambling have a lot in common but they are different from each other. But for me trading is much better than gambling, I trade but I never gamble.

Despite the similarity at first sight, trading is different and much better. First, you can only risk the money that you can afford to lose. Second, if the price of the coin falls, you can wait as long as you want for the coin to rise again and compensate for your loss.

But gambling is either a win or a loss, in addition to being addictive which can lead to the loss of all capital and even the sale of personal property.

well, other than that, betting in gambling doesn't leave anything if you lose, then everything will be lost, and if you win, then you will get what you risked. very different from trading, when you do the wrong analysis, the assets you have remain the same, but their value will decrease. After all, one might think that trading and gambling are similar, but if they did a deeper analysis, they would find a big difference.

[Mpamaegbu]

but people prefer gambling than trading

People will prefer gambling to trading because they feel it's a shortcut to getting rich. Again, gambling isn't as tasking as trading which requires mastery of set skills to become profitable. In gambling, whatever winning strategy that's deployed can't be termed set skills but tricks which are ways of cheating. If anyone plans to cheat their way to a jackpot or wealth, then that person should know they're taking a gambling.

Trading has to do with buying and selling but gambling isn't. That's just a simple way to look at it.

[Sim_card]

I was doing a comparison between gambling and trading I find out that their is merging between trading and gambling, I want to explain the categories of trading and gambling from my research gambling don't have to do with skills.

They both have the same risks and are similar in all aspect. Some games needs skill for you to win. Such games are poker and black jack. If you don't have the skill on this game,there is no way that you will be lucky and win the game.

hile trading is a skill that you will learn and understand the basic factors that can hinder your trading not to be successful, a trader can notice it's mistakes after loss and make corrections while a gambler mistakes can't be corrected because it deals with prediction.

This is not true a gambler can also learn from his mistake and make corrections in his next game and not all gambling games are predictions. For example spins,crash and cheese as so many more. Gambling also needs experience and studies likewise trade.

When we study trading very well there is no way we can trade in a month without making profit and as a beginner in trading we don't need to start trading with money that we can not afford to loss, while in gambling so many people gamble with their salary and last money.

Likewise gambling,there is no way that you will gamble through out the week that you wouldn't make profit. We saw a forum member that used $4k to win $90k and lost it all back to gambling. This is how trading is,one can easily forget about his loss and continue with trading.

[Inwestour]

People will prefer gambling to trading because they feel it's a shortcut to getting rich. Again, gambling isn't as tasking as trading which requires mastery of set skills to become profitable. In gambling, whatever winning strategy that's deployed can't be termed set skills but tricks which are ways of cheating. If anyone plans to cheat their way to a jackpot or wealth, then that person should know they're taking a gambling.

Trading has to do with buying and selling but gambling isn't. That's just a simple way to look at it.

Do you really think that gambling is easier to earn, or did you mean that it looks easier for the player? My experience tells me that in both cases it is very difficult to do this, for this you need to have knowledge and good experience, without this you should not think about a positive result.

Gambling and trading in my understanding, is a very different type of activity, I find it difficult to answer which is more difficult, but my personal opinion is that gambling contains more risks.

While writing this post, I thought about whether there are any statistics, how many people became successful in gambling and how many in trading? I have never been interested in this issue before, but something tells me that it can be approximately equal values. Everyone just will choose what is closer to him.

[ultrloa]

Trading and gambling have a lot in common but they are different from each other. But for me trading is much better than gambling, I trade but I never gamble.

Despite the similarity at first sight, trading is different and much better. First, you can only risk the money that you can afford to lose. Second, if the price of the coin falls, you can wait as long as you want for the coin to rise again and compensate for your loss.

But gambling is either a win or a loss, in addition to being addictive which can lead to the loss of all capital and even the sale of personal property.

well, other than that, betting in gambling doesn't leave anything if you lose, then everything will be lost, and if you win, then you will get what you risked. very different from trading, when you do the wrong analysis, the assets you have remain the same, but their value will decrease. After all, one might think that trading and gambling are similar, but if they did a deeper analysis, they would find a big difference.

If we trade via spot there's something left but if we do future trade like in binance maybe the scenario will be different. Although they have the same losing chances but the fact that execution and decision making is different we can all agree that trading and gambling is so different. Its just there are people saying they are the same because they just lose their money and didn't think about the whole picture of the the platform they compare.

[stompix]

Trading altcoins is 1000 times worse than gambling!

At least with gambling you factor in a bit of the difference between the teams or competitors, you look at the background and then you pray to god, and you're all set.

With trading is far worse, everyone is in desperate need of finding a system, of finding patterns, they are lying to themselves worse than gambling that indicators, averages, moving averages, dancing averages, whoe averages will somehow just keep on going like that and everyone will act like a robot repeating everything so their trades will be flawless.
While gamblers lie to themselves about finding ways to get the results right they know deep down there is no way, die-hard traders are convinced by their own lies.

I see so many here saying it takes knowledge, it takes science it takes that and that, common, this is BS!
All your knowledge all your statistics, none ill be able to prevent an exchange from getting hacked and trashing the market, nobody has seen in their TA the collapse of LUNA or FTX, and although everyone preaching about understanding movements here nobody predicted the last pump is, which of course again happened not because of a TA but because of a bank collapse.

So stop lying to yourself, trading shitcoins is way worse than horse betting!

[Renampun]

I was doing a comparison between gambling and trading I find out that their is merging between trading and gambling, I want to explain the categories of trading and gambling from my research gambling don't have to do with skills, but people prefer gambling than trading, but I kicked against gambling because it does not have control that leads to victory during time of diecasting your prediction in gambling therefore I concluded that gambling have to do with luck.

While trading is a skill that you will learn and understand the basic factors that can hinder your trading not to be successful, a trader can notice it's mistakes after loss and make corrections while a gambler mistakes can't be corrected because it deals with prediction. I notice that people do not put their money much in gambling than trading whereas the risk and loss is more efficient in gambling than trading. When we study trading very well there is no way we can trade in a month without making profit and as a beginner in trading we don't need to start trading with money that we can not afford to loss, while in gambling so many people gamble with their salary and last money. So I prefer trading more than gambling because it is a skill and it can be controlled.

I think what distinguishes the two is that gambling tends to be done without a strategy, you really rely on luck there, while trading you use a strategy to be able to achieve what you want, you really think according to market data, patterns or historical data from the assets you trade.

but sometimes a trader can gamble for the assets he has in an uncertain market, because here he only hopes that the market will be on his side, whether it's because of the news or other things which cannot be predicted. so a trader can sometimes be a gambler, because he cannot analyze the market as he wants.

[YOSHIE]

Everyone if they make research between crypto trading and gambling, maybe the results will be like your research, I have no doubt that gambling and crypto trading are two things that are done with differences, cannot be considered the same.

It is strengthened again with the reasons below.

The definition of gambling is “to bet on an uncertain outcome.” This could be anything from betting on a horse race, to playing poker or blackjack in a casino. Gambling has been around for centuries, and its popularity continues to grow.

Cryptocurrency is a digital asset that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrency is decentralized, meaning it is not controlled by any one entity.

betting risks losing much closer than trading, even though both involve digital/crypto currencies, but the consequences are very much different, exactly as you mentioned.

[Mame89]

Actually, gambling and trading both have their own risks, but the way they work is very different. Gambling is clear about guessing binary options, but trading is the same as buying something. no loss, that's called trading.

However, all forms of business looking for money or profit without any analysis/strategy and only relying on "hockey" is gambling, including when trading. the analogy is like someone opening a business selling a business, without analyzing the target market / looking for a place to sell / or calculating a risk reward (capital and profit) that is mature enough, how do you want to sell and grow, this might be possible because of good luck and bad luck 50:50, it's different As with business analysis where to sell (strategic) and focus on target markets, this is an additional percentage of opportunities to succeed. This is the same as when we trade, we must have skills, if there is no skill, for me, gambling is also because we can only guess.
Chance :
50 successes : 50 failures = gambling
>50 success: <50 failure = no gambling, but an attempt that is not necessarily successful, but most of the time it is successful.

[Learn Bitcoin]

Of course, Trading is different than gambling. Gambling is supposed to be fun and for entertainment purposes. Since real money is involved in gambling, people take it seriously. You don't need any special skills to gamble at a casino. You don't know what will happen next, and your money is at extreme risk; even with the 1.01x multiplier, you can lose all your money in a single bet. But, If you make spot trade, Just buy low and wait for your coin to pump up. Suppose you are a pro trader who does some market research. You can mostly predict the market movement. Even pro traders sometimes fail to predict the market. But if you have enough fund and patience until your coin pumps, You will make some money from trading.