Flip or Trade? What’s The Bigger Gamble?

[lienfaye]

Coin flipping has so much to do with luck and with little or no skill at all whereas in day trading you can't just open a position to trade hinging on luck there must be an applied skills from a long time built technique.
I have learnt a number of lessons from my losses in gambling but I can't say I can depend and work with the experiences of those losses to make profit in subsequent bets but for trade the more experience and knowledge you possess the more chances you have of making profitable trades without having to be lucky at it.

Exactly, that's their difference. Experience in luck based games (or in coin flip specifically) doesn't increase your chances to profit the next time you gamble again. Because there's no skills that can help you to win, thus regardless of what you do the result will still depend on your luck.

While on trading, experience can help you to improve, this can increase the possibility to profit next time since you gained knowledge already from your past experiences. Although it is also risky just like gambling, but trading doesn't solely relying on luck. The more experience you have, means you already learned something, it could be another knowledge or strategy.

[1714529973]

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[1714529973]

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[michellee]

Or maybe, they're merely addicted, which makes them try more even if they know they don't have/will never have an advantage against the 10% of traders, which also makes it like they're playing in a casino with house edge. That, therefore, makes them more like gamblers than traders.

There are research-papers and studies about gamblers, and the psychology of gambling,

Dr Luke Clark, in the Department of Experimental Psychology, is interested in the different ways in which gamblers over-estimate their chances of winning, including the effects of near-misses and personal choice. These features of gambling games promote an ‘illusion of control’: the belief that the gambler can exert skill over an outcome that is actually defined by chance.

https://www.cam.ac.uk/research/news/the-psychology-of-gambling

If they truly wanted to save and slowly make that grow, then they wouldn't risk and gamble their savings by "day-trading" shitcoins.

If they are addicted to trading, it may produce great results, especially if they keep trying and learning. And if they try trading while continuing to learn, they can get something useful to improve their analytical skills. At least, from learning that, they can get something.

But if it is gambling where we don't know when we win or lose, it can't be done because our losses cannot be recovered. Even though we try continuously, it doesn't guarantee how many times we can win and lose.

In trading, whether it is shitcoins or Bitcoin, they must have analytical skills. Shitcoins don't always cause us to lose money. If we can improve our analytical skills, we can find hidden gems that can provide benefits.

[Hirose UK]

Coin flipping has so much to do with luck and with little or no skill at all whereas in day trading you can't just open a position to trade hinging on luck there must be an applied skills from a long time built technique.
I have learnt a number of lessons from my losses in gambling but I can't say I can depend and work with the experiences of those losses to make profit in subsequent bets but for trade the more experience and knowledge you possess the more chances you have of making profitable trades without having to be lucky at it.

Exactly, that's their difference. Experience in luck based games (or in coin flip specifically) doesn't increase your chances to profit the next time you gamble again. Because there's no skills that can help you to win, thus regardless of what you do the result will still depend on your luck.

While on trading, experience can help you to improve, this can increase the possibility to profit next time since you gained knowledge already from your past experiences. Although it is also risky just like gambling, but trading doesn't solely relying on luck. The more experience you have, means you already learned something, it could be another knowledge or strategy.

If you want to increase your chances of winning what you can actually choose is sports betting or skill-based games although there is also luck factor that can influence it but at least sports betting and skill-based games can be more profitable if gambler has extensive experience and knowledge.
But that what is called difference and every gambler definitely has their own preferences in choosing and calculating opportunities to win.

I still will never be able to reconcile gambling and trading because the two are clearly very different in every aspect.
If we could understand them as whole we would definitely be able to find the difference between trading and gambling.

At this point unfortunately there are still many people out there who have the wrong response or approach to trading and gambling.

[avp2306]

Coin flipping has so much to do with luck and with little or no skill at all whereas in day trading you can't just open a position to trade hinging on luck there must be an applied skills from a long time built technique.
I have learnt a number of lessons from my losses in gambling but I can't say I can depend and work with the experiences of those losses to make profit in subsequent bets but for trade the more experience and knowledge you possess the more chances you have of making profitable trades without having to be lucky at it.

Exactly, that's their difference. Experience in luck based games (or in coin flip specifically) doesn't increase your chances to profit the next time you gamble again. Because there's no skills that can help you to win, thus regardless of what you do the result will still depend on your luck.

While on trading, experience can help you to improve, this can increase the possibility to profit next time since you gained knowledge already from your past experiences. Although it is also risky just like gambling, but trading doesn't solely relying on luck. The more experience you have, means you already learned something, it could be another knowledge or strategy.

Its because in coinflip all what you do there is random so you cannot really expect that there's a way that you can increase your chances to win since you need a huge luck before you can earn or have a long winning streak in this games.

Unlike on trading where we can do something to increase our chance to win and we can read up some sort of current events happening and do some technical analysis so that we can see a better figure on which is the good time to execute to do our buy orders or even get some hints about when to sell. That's why this two is really incomparable since there's a lot of things should need to look forward and coinflip is just a luck based game where people got only excited to see the result when the coin hit on the floor.

[Lida93]

Coin flipping has so much to do with luck and with little or no skill at all whereas in day trading you can't just open a position to trade hinging on luck there must be an applied skills from a long time built technique.
I have learnt a number of lessons from my losses in gambling but I can't say I can depend and work with the experiences of those losses to make profit in subsequent bets but for trade the more experience and knowledge you possess the more chances you have of making profitable trades without having to be lucky at it.

Exactly, that's their difference. Experience in luck based games (or in coin flip specifically) doesn't increase your chances to profit the next time you gamble again. Because there's no skills that can help you to win, thus regardless of what you do the result will still depend on your luck.

While on trading, experience can help you to improve, this can increase the possibility to profit next time since you gained knowledge already from your past experiences. Although it is also risky just like gambling, but trading doesn't solely relying on luck. The more experience you have, means you already learned something, it could be another knowledge or strategy.

Its because in coinflip all what you do there is random so you cannot really expect that there's a way that you can increase your chances to win since you need a huge luck before you can earn or have a long winning streak in this games.

Because it's an activity that's based on luck that's why we see people that gamble performs rituals and all sorts of stuffs just to increase their chances of luck for them to be fortunate to win but these rituals don't have a place in trading no amount of rituals done can make you win a trade it's particularly characterized by knowledge, experience and research.

Although we are bound to incur losses from the two (trade and gambling) but in trading, with how good your skills and strategy is working well for you you don't need luck to win many trades.

[redsun114]

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

When I first read your title, I thought you meant flip trading, where you buy low and sell it quickly in a short period of time as soon as the price is higher instead of holding it for long term. But it looks like you are talking about games like coin flipping. Then in this case, the bigger gambling is flipping a coin. It totally depends on your luck and requires no skill. You have no control over your profit/loss. On other hand, flipping requires you to understand the market and some skills to execute the trades properly. Both has risks associated, but the risks with trading is much lesser than that of gambling with a coin.

Indeed, if trading is largely about skill and understanding the market, then why do many traders struggle to consistently outperform the market average? Isn't that indicative of an element of unpredictability and chance, much like gambling?

There is unpredictability in the cryptocurrency market, there is no doubt of that, but that doesn't really make it just like gambling where there is no chart, there are no movement patterns, there is no rule of supply and demand, and there is definitely no indicator that gives you a general idea of where the market might move next. That's why, despite the market being highly unpredictable at times, one can still be able to make more successful trades than failed ones if one studies the market very well.

So, when we talk about gambling, we know that there is nothing like knowledge or experience or anything that can give a person any idea about what the outcome of the next bet can be, that can be said about sports betting but it's again different than gambling games because sports betting also requires knowledge and experience from bettors.

[Wind_FURY]

Or maybe, they're merely addicted, which makes them try more even if they know they don't have/will never have an advantage against the 10% of traders, which also makes it like they're playing in a casino with house edge. That, therefore, makes them more like gamblers than traders.

There are research-papers and studies about gamblers, and the psychology of gambling,

Dr Luke Clark, in the Department of Experimental Psychology, is interested in the different ways in which gamblers over-estimate their chances of winning, including the effects of near-misses and personal choice. These features of gambling games promote an ‘illusion of control’: the belief that the gambler can exert skill over an outcome that is actually defined by chance.

https://www.cam.ac.uk/research/news/the-psychology-of-gambling

If they truly wanted to save and slowly make that grow, then they wouldn't risk and gamble their savings by "day-trading" shitcoins.

If they are addicted to trading, it may produce great results, especially if they keep trying and learning. And if they try trading while continuing to learn, they can get something useful to improve their analytical skills. At least, from learning that, they can get something.

I believe not. Because the addict only does the act of "day-trading" for that exciting feeling of possibly "winning" something, not actually to do the right actions to actually win or profit in something.

They're merely gambling.

But if it is gambling where we don't know when we win or lose, it can't be done because our losses cannot be recovered. Even though we try continuously, it doesn't guarantee how many times we can win and lose.

In trading, whether it is shitcoins or Bitcoin, they must have analytical skills. Shitcoins don't always cause us to lose money. If we can improve our analytical skills, we can find hidden gems that can provide benefits.

How many of the plebs that started "day-trading" during the start of the popularity of shitcoin trading, probably in 2014, could actually say that they have made it, and have become millionares/have enough money to retire? It might be just ten out of one hundred people if you ask me, probably less.

[Blitzboy]

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

When I first read your title, I thought you meant flip trading, where you buy low and sell it quickly in a short period of time as soon as the price is higher instead of holding it for long term. But it looks like you are talking about games like coin flipping. Then in this case, the bigger gambling is flipping a coin. It totally depends on your luck and requires no skill. You have no control over your profit/loss. On other hand, flipping requires you to understand the market and some skills to execute the trades properly. Both has risks associated, but the risks with trading is much lesser than that of gambling with a coin.

Indeed, if trading is largely about skill and understanding the market, then why do many traders struggle to consistently outperform the market average? Isn't that indicative of an element of unpredictability and chance, much like gambling?

There is unpredictability in the cryptocurrency market, there is no doubt of that, but that doesn't really make it just like gambling where there is no chart, there are no movement patterns, there is no rule of supply and demand, and there is definitely no indicator that gives you a general idea of where the market might move next. That's why, despite the market being highly unpredictable at times, one can still be able to make more successful trades than failed ones if one studies the market very well.

So, when we talk about gambling, we know that there is nothing like knowledge or experience or anything that can give a person any idea about what the outcome of the next bet can be, that can be said about sports betting but it's again different than gambling games because sports betting also requires knowledge and experience from bettors.

Have you heard "Knowledge is power"? It applies to many parts of our lives, including crypto. Every market—crypto, stocks, even beanie babies—has wild coasters. But its beauty is in the rhythms, ebb and flow, and small indications that say, "Hey, maybe it's time to hodl." A. "Dude, sell!" Gambling? Thats random. No doubt, I enjoy poker. Theres still strategy and bluffing. Similar to sports betting, where the informed have an edge. Finally, learn, be curious, and enjoy the ride. The crypto-fueled rocket ride is what matters, not the destination.

[stomachgrowls]

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

When I first read your title, I thought you meant flip trading, where you buy low and sell it quickly in a short period of time as soon as the price is higher instead of holding it for long term. But it looks like you are talking about games like coin flipping. Then in this case, the bigger gambling is flipping a coin. It totally depends on your luck and requires no skill. You have no control over your profit/loss. On other hand, flipping requires you to understand the market and some skills to execute the trades properly. Both has risks associated, but the risks with trading is much lesser than that of gambling with a coin.

Indeed, if trading is largely about skill and understanding the market, then why do many traders struggle to consistently outperform the market average? Isn't that indicative of an element of unpredictability and chance, much like gambling?

There is unpredictability in the cryptocurrency market, there is no doubt of that, but that doesn't really make it just like gambling where there is no chart, there are no movement patterns, there is no rule of supply and demand, and there is definitely no indicator that gives you a general idea of where the market might move next. That's why, despite the market being highly unpredictable at times, one can still be able to make more successful trades than failed ones if one studies the market very well.

So, when we talk about gambling, we know that there is nothing like knowledge or experience or anything that can give a person any idea about what the outcome of the next bet can be, that can be said about sports betting but it's again different than gambling games because sports betting also requires knowledge and experience from bettors.

Have you heard "Knowledge is power"? It applies to many parts of our lives, including crypto. Every market—crypto, stocks, even beanie babies—has wild coasters. But its beauty is in the rhythms, ebb and flow, and small indications that say, "Hey, maybe it's time to hodl." A. "Dude, sell!" Gambling? Thats random. No doubt, I enjoy poker. Theres still strategy and bluffing. Similar to sports betting, where the informed have an edge. Finally, learn, be curious, and enjoy the ride. The crypto-fueled rocket ride is what matters, not the destination.

As it should be but majority of us would really be focusing much about on the destination and not on that ride because we are really that making ourselves that optimistic on ending up on positive without even trying out to realize on whats the real thing when it comes to gambling and when it comes to things that do talks about trading. Everything would really be that random and there would really be factors on which it would really be affecting out the outcome on which this is something that you should really need to look upon. We do know that dealing up with neither trading or gambling then it is really just that obvious on what are the things that would really be needed. You cant really just purely rely on luck everytime you would really be deciding on dealing on something that needs analysis and this is something that would really be needed.

Majority of us would really be just that minding about on the things that we do have in our brains. If whether you do like on playing something risky or you would really be dealing on things
which you do have that kind of interest. Going for some investment or going for something that do talks about entertainment. Bigger gamble doesnt matter because of both risks then
you do really could be able to put up yourself on a condition which you might be losing up your money big time. It does depend on how you would be dealing with things.

[wiss19]

The main difference between day trading and gambling is that gamblers play the available odds while traders develop strategies based on market trends, price movements and past performance. Gambling depends entirely on luck. And those who can do good day trading analysis can definitely tell where the day's trade will go. So since the trade is predictable it is not gambling at all and those new traders do not understand anything. If they buy or sell trades leaving it to luck they will call it gambling because they do not understand what trading is all about. Such traders cannot sustain this gamble for long because if luck always goes against you then survival becomes very difficult. These will depend on the individual's skill in flipping coins but are difficult in gambling.

Trading is still like a gamble due to the unpredictable nature of the market but there is more to it which can increase your chances or winning, and recovery if you are losing. Just because a trader is new, doesn't mean they didn't understand a single thing. They also know how to read and make a research and they can took less risks for a while until they sharpen their ability, but maybe it's true that the majority of them just trade blindly. Indeed it's not sustainable for the long term.

I'd better do copy trading than it or just play gambling instead so that it makes more sense, and even if I lose, at least I enjoy the game so I don't feel like a total loser.

[Dunamisx]

Coin flipping has so much to do with luck and with little or no skill at all whereas in day trading you can't just open a position to trade hinging on luck there must be an applied skills from a long time built technique.
I have learnt a number of lessons from my losses in gambling but I can't say I can depend and work with the experiences of those losses to make profit in subsequent bets but for trade the more experience and knowledge you possess the more chances you have of making profitable trades without having to be lucky at it.

Exactly, that's their difference. Experience in luck based games (or in coin flip specifically) doesn't increase your chances to profit the next time you gamble again. Because there's no skills that can help you to win, thus regardless of what you do the result will still depend on your luck.

While on trading, experience can help you to improve, this can increase the possibility to profit next time since you gained knowledge already from your past experiences. Although it is also risky just like gambling, but trading doesn't solely relying on luck. The more experience you have, means you already learned something, it could be another knowledge or strategy.

Its because in coinflip all what you do there is random so you cannot really expect that there's a way that you can increase your chances to win since you need a huge luck before you can earn or have a long winning streak in this games.

Unlike on trading where we can do something to increase our chance to win and we can read up some sort of current events happening and do some technical analysis so that we can see a better figure on which is the good time to execute to do our buy orders or even get some hints about when to sell. That's why this two is really incomparable since there's a lot of things should need to look forward and coinflip is just a luck based game where people got only excited to see the result when the coin hit on the floor.

Coinflip is strictly on luck, how lucky we are in playing this game will determine if the luck works on our side or not by winining or loosing, we should understand games by their categories, some are not only determined by luck alone, but how skillful we appear in playing them, when we divert to trading, this is another thing entirely different from flipping coin or gambling, this is a way of making business or an investment and we choose the kind of position to take that best fit us.

[avp2306]

The main difference between day trading and gambling is that gamblers play the available odds while traders develop strategies based on market trends, price movements and past performance. Gambling depends entirely on luck. And those who can do good day trading analysis can definitely tell where the day's trade will go. So since the trade is predictable it is not gambling at all and those new traders do not understand anything. If they buy or sell trades leaving it to luck they will call it gambling because they do not understand what trading is all about. Such traders cannot sustain this gamble for long because if luck always goes against you then survival becomes very difficult. These will depend on the individual's skill in flipping coins but are difficult in gambling.

Trading is still like a gamble due to the unpredictable nature of the market but there is more to it which can increase your chances or winning, and recovery if you are losing. Just because a trader is new, doesn't mean they didn't understand a single thing. They also know how to read and make a research and they can took less risks for a while until they sharpen their ability, but maybe it's true that the majority of them just trade blindly. Indeed it's not sustainable for the long term.

I'd better do copy trading than it or just play gambling instead so that it makes more sense, and even if I lose, at least I enjoy the game so I don't feel like a total loser.

For some perspective maybe other can really say that they are similar but if you look at the deeper picture we can agree that its hard to agree on it that its the same. Maybe from both we have huge chance to lose but for flipping or gambling the only thing we can hold old with that is pure luck. While on trading we can do something to increase our chances to earn. But if someone telling that its the same I will just respect their statement since at the end of the day its still up to us on what we can call it since it can't bother us especially if we don't really give to much attention on its comparison other more than that. We should focus to earn on what category we like since thinking about further more just destroy our focus.

[Webetcoins]

Coinflip is strictly on luck, how lucky we are in playing this game will determine if the luck works on our side or not by winining or loosing, we should understand games by their categories, some are not only determined by luck alone, but how skillful we appear in playing them, when we divert to trading, this is another thing entirely different from flipping coin or gambling, this is a way of making business or an investment and we choose the kind of position to take that best fit us.

That's the thing, the result or the outcome of a coin flip is determined by your luck while in trading, you need to have knowledge and experience about the market, know how to do research and analysis, you should have a general idea about where the price of a certain cryptocurrency will move next so that you can place your trade based on that. I agree that the trades a trader makes wouldn't always be correct and there can be bad trades as well since the market is unpredictable, but if you are knowledgeable and experienced, you can get more winning trades than losing ones.

So, I don't really see any reason why people would compare trading with gambling. There are some types of trading that may have some resemblance with gambling such as futures trading and options trading, but even they can be profitable for experienced and knowledgeable traders unlike gambling which will eventually make you lose.

[dunfida]

Coin flipping has so much to do with luck and with little or no skill at all whereas in day trading you can't just open a position to trade hinging on luck there must be an applied skills from a long time built technique.
I have learnt a number of lessons from my losses in gambling but I can't say I can depend and work with the experiences of those losses to make profit in subsequent bets but for trade the more experience and knowledge you possess the more chances you have of making profitable trades without having to be lucky at it.

Exactly, that's their difference. Experience in luck based games (or in coin flip specifically) doesn't increase your chances to profit the next time you gamble again. Because there's no skills that can help you to win, thus regardless of what you do the result will still depend on your luck.

While on trading, experience can help you to improve, this can increase the possibility to profit next time since you gained knowledge already from your past experiences. Although it is also risky just like gambling, but trading doesn't solely relying on luck. The more experience you have, means you already learned something, it could be another knowledge or strategy.

Its because in coinflip all what you do there is random so you cannot really expect that there's a way that you can increase your chances to win since you need a huge luck before you can earn or have a long winning streak in this games.

Unlike on trading where we can do something to increase our chance to win and we can read up some sort of current events happening and do some technical analysis so that we can see a better figure on which is the good time to execute to do our buy orders or even get some hints about when to sell. That's why this two is really incomparable since there's a lot of things should need to look forward and coinflip is just a luck based game where people got only excited to see the result when the coin hit on the floor.

Coinflip is strictly on luck, how lucky we are in playing this game will determine if the luck works on our side or not by winining or loosing, we should understand games by their categories, some are not only determined by luck alone, but how skillful we appear in playing them, when we divert to trading, this is another thing entirely different from flipping coin or gambling, this is a way of making business or an investment and we choose the kind of position to take that best fit us.

Different category
Different approach
Different dealing
Different actions to be made
Different preparation
Same outcome- Win/Lose

When it comes on dealing things then it would really be that entirely be depending on someones preference on which one they would really be dealing out on which if they would
be dealing with some entertainment or they would really come after for investment or business on which risks is also there. Both things might have risks on losing money but on the way
that you would really be dealing up or on what the things been needed for you to be able to get a good grasps of it then it would really be that different.
The biggest gambling would on the time that you do make out some decisions which it wont really be that applying any analysis into it even if we do say
we are just simply doing gambling thing but this isnt really that applicable on the time that you are really that dealing with trading.

[BitDane]

If they are addicted to trading, it may produce great results, especially if they keep trying and learning. And if they try trading while continuing to learn, they can get something useful to improve their analytical skills. At least, from learning that, they can get something.

If a person has not enough knowledge in trading and get addicted to it, it is hard to say that it will produce a great result instead, it is easier to assume that the person will suffer a huge lost because of lack of knowledge.

But if it is gambling where we don't know when we win or lose, it can't be done because our losses cannot be recovered. Even though we try continuously, it doesn't guarantee how many times we can win and lose.

I partially disagree, in gambling not all session are losses, there are times that a player can win a huge amount that can recover all his losses.

In trading, whether it is shitcoins or Bitcoin, they must have analytical skills. Shitcoins don't always cause us to lose money. If we can improve our analytical skills, we can find hidden gems that can provide benefits.

True!  Shitcoins trading sometimes can result in 10,000% to 100,000% profit if one knows when to buy and when to sell.  But mostly we lose money in shitcoins because project die down or got rugged pull before we can even sell our holdings.

[mak013]

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

Your chances to meet dinosaur is 50% you can meet it or don`t meet.
There are lots of day traders, but as for - it is difficult to predict small price changes and they mostly testing their luck. I prefer long distance and big price changes - it is possible to predict and difficult to lose, if you good in trading.

[fingnome]

Coin flipping has so much to do with luck and with little or no skill at all whereas in day trading you can't just open a position to trade hinging on luck there must be an applied skills from a long time built technique.
I have learnt a number of lessons from my losses in gambling but I can't say I can depend and work with the experiences of those losses to make profit in subsequent bets but for trade the more experience and knowledge you possess the more chances you have of making profitable trades without having to be lucky at it.

Exactly, that's their difference. Experience in luck based games (or in coin flip specifically) doesn't increase your chances to profit the next time you gamble again. Because there's no skills that can help you to win, thus regardless of what you do the result will still depend on your luck.

While on trading, experience can help you to improve, this can increase the possibility to profit next time since you gained knowledge already from your past experiences. Although it is also risky just like gambling, but trading doesn't solely relying on luck. The more experience you have, means you already learned something, it could be another knowledge or strategy.

Given that trading experience can supposedly increase one's chances of profitability, how do you account for seasoned traders who still face unexpected downturns? Isn't the market's inherent unpredictability a form of luck in itself? Additionally, do you know any traders who, through gaining experience from their trades, consistently achieve a stable positive return?

[Lida93]

Coin flipping has so much to do with luck and with little or no skill at all whereas in day trading you can't just open a position to trade hinging on luck there must be an applied skills from a long time built technique.
I have learnt a number of lessons from my losses in gambling but I can't say I can depend and work with the experiences of those losses to make profit in subsequent bets but for trade the more experience and knowledge you possess the more chances you have of making profitable trades without having to be lucky at it.

Exactly, that's their difference. Experience in luck based games (or in coin flip specifically) doesn't increase your chances to profit the next time you gamble again. Because there's no skills that can help you to win, thus regardless of what you do the result will still depend on your luck.

While on trading, experience can help you to improve, this can increase the possibility to profit next time since you gained knowledge already from your past experiences. Although it is also risky just like gambling, but trading doesn't solely relying on luck. The more experience you have, means you already learned something, it could be another knowledge or strategy.

Given that trading experience can supposedly increase one's chances of profitability, how do you account for seasoned traders who still face unexpected downturns? Isn't the market's inherent unpredictability a form of luck in itself? Additionally, do you know any traders who, through gaining experience from their trades, consistently achieve a stable positive return?

I supposed what you mean by seasoned trader is akin to consistent trader and for the fact that they are consistent traders doesn't make them win all trades because the market is unpredictable but it gives them an edge in winning more trades than they would lose. The unexpected downturns results from the market sentiments that is beyond the trader's control and it is his experience that helps him beat these sentiments to make profit for in trading without experience you can't win these inherent sentiments and luck is just a waste of hope if that what you wanna hang your penny on.
No one should deceive you mate, there's no stable returns in trading but like I said earlier experience enhances your chances of winning more trades more than you will lose if without trading experience.

[GiftedMAN]

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

Your chances to meet dinosaur is 50% you can meet it or don`t meet.
There are lots of day traders, but as for - it is difficult to predict small price changes and they mostly testing their luck. I prefer long distance and big price changes - it is possible to predict and difficult to lose, if you good in trading.

I think everyone need to go for what they prefer and what they can afford. Gambling can be rogue so we need to try as much as possible to go for what we really want. There are traders that do not make money like they ought to make that is why some traders still go into gambling to make more Money. The two terms is almost the same but little bit different. The different is just that trading need skill why gambling may not require skill so one has to go for what we know works for us. Those who trade need more things to learn and every traders keep learning no matter how good they are because the market chances at the slightest minutes.

[LUCKMCFLY]

Coinflip is strictly on luck, how lucky we are in playing this game will determine if the luck works on our side or not by winining or loosing, we should understand games by their categories, some are not only determined by luck alone, but how skillful we appear in playing them, when we divert to trading, this is another thing entirely different from flipping coin or gambling, this is a way of making business or an investment and we choose the kind of position to take that best fit us.

That's the thing, the result or the outcome of a coin flip is determined by your luck while in trading, you need to have knowledge and experience about the market, know how to do research and analysis, you should have a general idea about where the price of a certain cryptocurrency will move next so that you can place your trade based on that. I agree that the trades a trader makes wouldn't always be correct and there can be bad trades as well since the market is unpredictable, but if you are knowledgeable and experienced, you can get more winning trades than losing ones.

So, I don't really see any reason why people would compare trading with gambling. There are some types of trading that may have some resemblance with gambling such as futures trading and options trading, but even they can be profitable for experienced and knowledgeable traders unlike gambling which will eventually make you lose.

Coinflip for me is one of the games that have the most chance, it is a coin, things can be put together with a simple fact, not this rule but surrendering only to good luck, coinflip for me is a game that can make us lose or win, but the more to lose considering the house advantage, and it will always be like that, I personally think that when we have to do our part in a casino many things can happen the first one that can happen as long as one as a good player accepts that this game is given only to luck, there is no type of strategy that makes the people win, they are almost like slots, you just have to bet or raise the bet when you consider it appropriate to win.

In these types of games things can go in favor of the person concerned or they start to see how they can do it to win, and the way I have seen is for people to bet a little more money at an appropriate time, but when or is it the right time? I don't know, I think that's up to each person.

People who settle in a casino and like it, go and play with a lot of money can establish that many things can happen, some want to be profitable, just as they can be in trading, but it is something that is very difficult to do. to do, I personally would think that the things when it comes to how to win in a casino, I have expressed them several times in various threads of the forum, and the fact is that in each game session I try to have some kind of gnanaci, then go back and leave it like that and come back the next day, it doesn't matter how small the gnancy is, the important thing is that a good streak can be managed and that it is respected all the days, for me that is enough, of course when I play I usually do coinflip with very little money, because it is something that is risky for me, it is easy to bet a lot, or do the martingale, because the game lends itself to it, but it is something that must be taken care of.