Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game

[Wiwo]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk.

I believe you got this broker thing all wrong!!

From my experience from using different brokers, if you looking for tight spreads when it comes to executing trades..most likely you will encounter commissions which will be higher as a service for executing a trade or using their  platform, and btw depends on what assets you trade, but it doesn't cost an arm and a leg and if you don't want to miss trades, or not tagged into a trade better pay these small fees!!!

As for gambling, it's usually based on what you see is what you get but unfortunately, the risk here is high but at the end of the day pick something that works for you!!!

Gambling is far different from stock brokers or forest trading as we can have bit trading and so on but in gambling there is nothing like that,  and to win a game it depends on you and your luck,  but in trading, we can still have some tools that are available to use in other to get advantages over the trade at all time.

So for that, we need to give space to build that understanding of the difference between the two and not to get too much entangled with much comparison that will make us to miss out on things.

[Fivestar4everMVP]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk.

I believe you got this broker thing all wrong!!

From my experience from using different brokers, if you looking for tight spreads when it comes to executing trades..most likely you will encounter commissions which will be higher as a service for executing a trade or using their  platform, and btw depends on what assets you trade, but it doesn't cost an arm and a leg and if you don't want to miss trades, or not tagged into a trade better pay these small fees!!!

As for gambling, it's usually based on what you see is what you get but unfortunately, the risk here is high but at the end of the day pick something that works for you!!!

Gambling is far different from stock brokers or forest trading as we can have bit trading and so on but in gambling there is nothing like that,  and to win a game it depends on you and your luck,  but in trading, we can still have some tools that are available to use in other to get advantages over the trade at all time.

So for that, we need to give space to build that understanding of the difference between the two and not to get too much entangled with much comparison that will make us to miss out on things.

In the first place, I feel it was even wrong to compare gambling to stock, Forex trading and all, they are simply unrelated, judging from the fact that gambling is something any one can do generally, like, someone who has never gambled before can wake up one morning, and decide to sign up on a casino, make a deposit and starting playing slot games, or even place some bets.

But coming to stock, Forex and even cryptocurrency trading, the above is unlikely to happen, else the person will just lose all his or her money, trading stocks, forex or crypto requires formal knowledge of the market, adequate preparation and also alot of money as starting capital to guarantee substantial profits in the course of the trader winning a trade, but in gambling, one can literally start gambling with dollar cents, this tells us the clear difference and distance between gambling and trading those markets mentioned.

[LUCKMCFLY]

<...>

Come on dude, really?  Can you at least proofread your walls of text before posting them? I wasted 5 minutes of my life reading that crap!

archive: https://ninjastic.space/post/63673788

Lolz, no offence to LUCKMCFLY, but I honestly don't waste my time reading or replying to such a long wall of texts, excepts if it's the OP of the thread, like the initial starting post of a thread..
A comment in a thread that is that long automatically turns me off, and I don't bother reading them.

I personally understand that the reason why LUCKMCFLY is used to posting such a long walls of text as comments in several of his posts is for the purpose of winning the Stake campaign weekly bonus, but he and every other persons who engage in this style of posting should atleast, proofread their wall of texts before clicking the "post" button, some times, I wonder is stake campaign management even read this things before awarding their weekly bonus  .

Well it's not that I wrote Rubbish , what I did was at the time that I had a very bad Internet Connection, I didn't read it because where I am at that moment the connection dropped completely and I thought I had deleted that paragraph, that's why I wrote it again, although I don't see it as a wall or something like that, I don't do it for any weekly bonus, the topics interest me and I try to contribute everything I can, if you start reading carefully, I made that Post today for What they have not read yet on stake.com , I do not Understand the double-intentioned and Malicious comment , I Already said that I had that connection problem, and well I only apologize for the Misunderstanding , but with respect to the Brokers, exchanges and casinos That's my Perception. And if you have doubts about why he gives me a bonus, it's simple, you just have to talk to those in charge of reviewing the company.

[delfastTions]

~ snip ~

.......
... , but how do you go about fighting the titans?
.......

Of course, fighting a titan is very difficult and may even seem impossible.  
However, let’s imagine that information has spread among cryptocurrency lovers that, for example, such a KYC option as sending a photo of a person with a document in hand is not an acceptable identification option.  And no one will send such personal information to the casino.  If this becomes widespread enough, then the casino itself, seeing that clients have begun to massively refuse to provide such data, will be forced to look for other methods of personal identification.  
And this, for example, may be only the first step in the overall struggle to restore anonymity in gambling in casinos with cryptocurrency.  But this is of course just an example.  However, it is possible to begin implementing such programs to fight for privacy rights.

[LUCKMCFLY]

~ snip ~

.......
... , but how do you go about fighting the titans?
.......

Of course, fighting a titan is very difficult and may even seem impossible.  
However, let’s imagine that information has spread among cryptocurrency lovers that, for example, such a KYC option as sending a photo of a person with a document in hand is not an acceptable identification option.  And no one will send such personal information to the casino.  If this becomes widespread enough, then the casino itself, seeing that clients have begun to massively refuse to provide such data, will be forced to look for other methods of personal identification.  
And this, for example, may be only the first step in the overall struggle to restore anonymity in gambling in casinos with cryptocurrency.  But this is of course just an example.  However, it is possible to begin implementing such programs to fight for privacy rights.

Well I have a type of experience in these things, but not in an exchange, in the casino, a long time ago I was going to make a withdrawal, but it turns out that it was more than 10mBTC and when I was going to do it on Binance they sent them what I had to do a temporary kyc, and I was surprised, the question was to verify my face through a video of about 3 or 5 seconds, and that was something that they could determine if I was the Owner of the Account , I don't know if this It's good or bad, but based on the fact that I had Already left my KYC documents and then they verified my face with my documents because things were Going to look good for them , then when I had to do it, well then they did allow the withdrawal, but I It seemed Absurd, I think that with the security that Binance had with the email, and the 2FA factor was Sufficient , these things are what I say that are Sometimes Incoherent.

I don't know if this can Apply to casinos, because it is something that we can see as normal, but to be honest these things are unnecessary, with their excuse of having more security what they do is obtain more data from us, this time with a video , it means that the anonymity, the privacy in the exchanges is already like a normal bank, I don't Even want to imagine what they do in a broker, it must be like this or more Demanding , but the casino could do something like that, What you say is very true, anyone can be with their ID in hand, with a photo and that's it, anyone can do it, this will bring many problems in the future, of that I am sure.

[Kakmakr]

The difference is, Brokers can use their education and skills to increase their chances to broker good deals or trades, but in the gambling scene the odds are stacked in the favor of the casino...because they control everything.

The casinos have a fixed house edge and RTP and they can manipulate that, without you even knowing it. They also know, if you continue playing, the house will always win.

[EarnOnVictor]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk.

I believe you got this broker thing all wrong!!

From my experience from using different brokers, if you looking for tight spreads when it comes to executing trades..most likely you will encounter commissions which will be higher as a service for executing a trade or using their  platform, and btw depends on what assets you trade, but it doesn't cost an arm and a leg and if you don't want to miss trades, or not tagged into a trade better pay these small fees!!!

As for gambling, it's usually based on what you see is what you get but unfortunately, the risk here is high but at the end of the day pick something that works for you!!!

Gambling is far different from stock brokers or forest trading as we can have bit trading and so on but in gambling there is nothing like that,  and to win a game it depends on you and your luck,  but in trading, we can still have some tools that are available to use in other to get advantages over the trade at all time.

So for that, we need to give space to build that understanding of the difference between the two and not to get too much entangled with much comparison that will make us to miss out on things.

Your points are good, but we can still further argue the subject out based on the context of your narration. In both trading and gambling, we need luck, only that the level of luck we need varies, and that's if we want to view the expression called luck as existing at all. I must say that many times in my trading experience, there are instances that I could truly express that luck was at work for me, so it exists too there. Take, for example, a trader who analysed the market quite well and opened a buy position with 250 pips take profit and 100 pips stop loss. But suddenly, the market started moving against him abnormally without a valid reason, and for this, it (the market) changed the short-term trend to bearish, which is against the position of the traders. After some times of scary movements against the position, the market now almost hit the stop loss having moved 99 pips of it and remaining just 1 pips to hit it and close the position at a loss.

But suddenly the market could not proceed further with just 1 pips to hit the stop loss but just threatened for hours but still couldn't hit the level. Due to this, the trader could have just taken heart and abandoned the trade and closed his gadget believing he had already lost with no more hope. On getting back to the chart after hours of closing the gadget, he now met the trade in huge profits. I see that as luck and something similar had happened to me many times in trading. Also, the sports betting aspect of gambling could be likened to trading. The two are not so strongly the function of luck but expertise. This is especially true if we limit it to the buy/sell in trading and lose/win in gambling. It's the casino aspect of gambling that is so reliant on luck, even though the expertise in trading will still yield better results than the expertise in gambling.

[Wiwo]

Your points are good, but we can still further argue the subject out based on the context of your narration. In both trading and gambling, we need luck, only that the level of luck we need varies, and that's if we want to view the expression called luck as existing at all. I must say that many times in my trading experience, there are instances that I could truly express that luck was at work for me, so it exists too there. Take, for example, a trader who analysed the market quite well and opened a buy position with 250 pips take profit and 100 pips stop loss. But suddenly, the market started moving against him abnormally without a valid reason, and for this, it (the market) changed the short-term trend to bearish, which is against the position of the traders. After some times of scary movements against the position, the market now almost hit the stop loss having moved 99 pips of it and remaining just 1 pips to hit it and close the position at a loss.

But suddenly the market could not proceed further with just 1 pips to hit the stop loss but just threatened for hours but still couldn't hit the level. Due to this, the trader could have just taken heart and abandoned the trade and closed his gadget believing he had already lost with no more hope. On getting back to the chart after hours of closing the gadget, he now met the trade in huge profits. I see that as luck and something similar had happened to me many times in trading. Also, the sports betting aspect of gambling could be likened to trading. The two are not so strongly the function of luck but expertise. This is especially true if we limit it to the buy/sell in trading and lose/win in gambling. It's the casino aspect of gambling that is so reliant on luck, even though the expertise in trading will still yield better results than the expertise in gambling.

When we want to discuss the context of luck in trading vs gambling,  we must bring so many things into bearing and as we go along with the analysis we should have at the back of our mind that luck is a subjective thing,  just as skills is subjective,  luck don't just happen,  you must position yourself for the luck so for that when it comes to trading,  luck plays a minimal role and, skills is what have the primary role in trading.

Gambling is based on luck,  because there are some games that you pourly depends on luck to win them, most of the times games like spin and dice and even football bets this have been the norm with gambling this is why we have more trust in trading than in gambling and just like I have said before, in gambling you can lose all your money 100% but that is not so in trading because as a leader you already have your stop lose limits and once the market get to that level your trade will just automatic execute and then take a lose at a point.

But we have not seen such happening in gambling unless if you take a cash out and that doesn't come when your games are a loss,  there only give a percentage at which you already won,  so in all you have to depend on luck at all time because even with your luck you still stand the chances of losing the bets/games most especially on in the house games.

[delfastTions]

~ snip ~

.......
... , but how do you go about fighting the titans?
.......

Of course, fighting a titan is very difficult and may even seem impossible.  
However, let’s imagine that information has spread among cryptocurrency lovers that, for example, such a KYC option as sending a photo of a person with a document in hand is not an acceptable identification option.  And no one will send such personal information to the casino.  If this becomes widespread enough, then the casino itself, seeing that clients have begun to massively refuse to provide such data, will be forced to look for other methods of personal identification.  
And this, for example, may be only the first step in the overall struggle to restore anonymity in gambling in casinos with cryptocurrency.  But this is of course just an example.  However, it is possible to begin implementing such programs to fight for privacy rights.

Well I have a type of experience in these things, but not in an exchange, in the casino, a long time ago I was going to make a withdrawal, but it turns out that it was more than 10mBTC and when I was going to do it on Binance they sent them what I had to do a temporary kyc, and I was surprised, the question was to verify my face through a video of about 3 or 5 seconds, and that was something that they could determine if I was the Owner of the Account , I don't know if this It's good or bad, but based on the fact that I had Already left my KYC documents and then they verified my face with my documents because things were Going to look good for them , then when I had to do it, well then they did allow the withdrawal, but I It seemed Absurd, I think that with the security that Binance had with the email, and the 2FA factor was Sufficient , these things are what I say that are Sometimes Incoherent.

I don't know if this can Apply to casinos, because it is something that we can see as normal, but to be honest these things are unnecessary, with their excuse of having more security what they do is obtain more data from us, this time with a video , it means that the anonymity, the privacy in the exchanges is already like a normal bank, I don't Even want to imagine what they do in a broker, it must be like this or more Demanding , but the casino could do something like that, What you say is very true, anyone can be with their ID in hand, with a photo and that's it, anyone can do it, this will bring many problems in the future, of that I am sure.

The fact of the matter is that this will bring a lot of problems in the future. 
Imagine that now many cryptocurrency owners who gamble   at crypto casinos thoughtlessly send their personal data to these very casinos, including video images of their faces, perhaps even receipts for utility bills, and maybe even fragments of voice recordings.  As ax result, after some time, part of the casino, or, for example, a crypto exchange, which has the same KYC requirements, will go bankrupt.  And what will happen to personal data databases.  But they will all just be stoleln and eventually appear in the public domain on the Internet.  This in turn will create a powerful wave of fraud using these stolen personal data.  I think governments are grossly negligent in this regulation. 
Governments and officials simply do not think about such developments.  More precisely, of course, they know where this will all lead, but they don’t care.  This will be done by the next generations of officials and law enforcement agencies.  In short, you don’t need to send your personal information anywhere if you own cryptocurrency. 

This is the most correct solution to the KYC issue.

[mak013]

The difference is, Brokers can use their education and skills to increase their chances to broker good deals or trades, but in the gambling scene the odds are stacked in the favor of the casino...because they control everything.

The casinos have a fixed house edge and RTP and they can manipulate that, without you even knowing it. They also know, if you continue playing, the house will always win.

You compare trader and casino. But you have to compare trader and gambler or broker and casino. In such compare we see the same result - broker and casino always win: broker don`t risk his money and get some percent for each deal and the casino has RTP and always win.
Trader or gambler can win. I think that it is possible to win for a long distance, but it means that some other gambler/trader lose.

[LUCKMCFLY]

<snip>

Well, what I can say about this, I have my own experience with the government I live in, and I think that applies to any type of government in the world, even if it is the most prosperous country, and the government does not care about its people. , the structure is made so that they take advantage of the resources of their countries and for the pronas only give them crumbs, and not what each one of them deserves, for this reason I say, the regulations are thanks to governments, those governments do not They have control over crypto obviously they want to have it but they can't because things are difficult and this can impact the things they do, the things they don't do and the things they are going to do to see if they can get money, and when they do they realize that If they can manage a mass, and unfortunately we are included in the mass, and what is the control? KYC, if they handle crypto? That is something they do not tolerate, they do not accept, if they handle it they have to be penalized, but they are penalized with money, and at the same time they are obtaining money through crypto.

So exchanges, brokers, casinos, they are all part of a regulation by them to be able to have at least a slice, they will never support people who have crypto to operate freely, because financial freedom comes from an alternative economy that is superior to the traditional one, and that is what produces all these problems, in the end we realize that we are fighting against governments, bankers and people with a lot of power, it is difficult to raise our voices, that is why the KYC that can be avoided and even better, because what you say is very true, at the time that those sites cease to exist and are left without even a domain, since that information is absorbed by the governments or whoever has the most power at that moment .

[Slow death]

The difference is, Brokers can use their education and skills to increase their chances to broker good deals or trades, but in the gambling scene the odds are stacked in the favor of the casino...because they control everything.

The casinos have a fixed house edge and RTP and they can manipulate that, without you even knowing it. They also know, if you continue playing, the house will always win.

You compare trader and casino. But you have to compare trader and gambler or broker and casino. In such compare we see the same result - broker and casino always win: broker don`t risk his money and get some percent for each deal and the casino has RTP and always win.
Trader or gambler can win. I think that it is possible to win for a long distance, but it means that some other gambler/trader lose.

When I look at trading and when I look at gambling, I honestly don't see how a person who gambles could talk about things like profits because the real chances of someone making profits from gambling are extremely low, so low in fact that it's pointless to stay counting on such profits, even if a person is very confident when they start with gambling, over time that person begins to realize that they are not making a profit, they are constantly losing money, when a person gambles, they, for example, deposit 10$, he can win and keep 13$ but then he will lose everything and will have to put more money into the casino if he wants to continue playing, that's why people have been told to play in moderation and look at gambling.

whereas when a person takes $10 and buys bitcoin at a price of $50,000 and that person places a stop-loss at $49,000, that person will lose little money and can buy more at a lower price or more at a higher price and then sell when the price goes up a lot, this way this person will be able to make a profit to the point of recovering all the lost money, by this I mean that in trading the person has little risk of losing all the money and has a greater chance of making a profit, the problem is that in order to make a profit that is large the person must have a large capital, 10$ with trade is nothing, it is unlikely that the person will be able to have 20$ so soon, while gambling puts 10$ and gets 20$, 30$ or more, it is possible if the person be very lucky, that's why many people keep playing

[mak013]

You compare trader and casino. But you have to compare trader and gambler or broker and casino. In such compare we see the same result - broker and casino always win: broker don`t risk his money and get some percent for each deal and the casino has RTP and always win.
Trader or gambler can win. I think that it is possible to win for a long distance, but it means that some other gambler/trader lose.

When I look at trading and when I look at gambling, I honestly don't see how a person who gambles could talk about things like profits because the real chances of someone making profits from gambling are extremely low, so low in fact that it's pointless to stay counting on such profits, even if a person is very confident when they start with gambling, over time that person begins to realize that they are not making a profit, they are constantly losing money, when a person gambles, they, for example, deposit 10$, he can win and keep 13$ but then he will lose everything and will have to put more money into the casino if he wants to continue playing, that's why people have been told to play in moderation and look at gambling.

whereas when a person takes $10 and buys bitcoin at a price of $50,000 and that person places a stop-loss at $49,000, that person will lose little money and can buy more at a lower price or more at a higher price and then sell when the price goes up a lot, this way this person will be able to make a profit to the point of recovering all the lost money, by this I mean that in trading the person has little risk of losing all the money and has a greater chance of making a profit, the problem is that in order to make a profit that is large the person must have a large capital, 10$ with trade is nothing, it is unlikely that the person will be able to have 20$ so soon, while gambling puts 10$ and gets 20$, 30$ or more, it is possible if the person be very lucky, that's why many people keep playing

As for me - gambling and trading looks the same. If you have big deposit - you can choose small odds is sport betting and get good profit with small risk, the same like in trading. Of course you can lose all in gambling if you bet all sum in one bet, but it is silly. The same situation if you buy BTC with big leverage.
Use money management and you will get profit as result. Of course i don`t talk about casino games - it is total random and i don`t interest in such gambling.

[delfastTions]

<snip>

Well, what I can say about this, I have my own experience with the government I live in, and I think that applies to any type of government in the world, even if it is the most prosperous country, and the government does not care about its people. , the structure is made so that they take advantage of the resources of their countries and for the pronas only give them crumbs, and not what each one of them deserves, for this reason I say, the regulations are thanks to governments, those governments do not They have control over crypto obviously they want to have it but they can't because things are difficult and this can impact the things they do, the things they don't do and the things they are going to do to see if they can get money, and when they do they realize that If they can manage a mass, and unfortunately we are included in the mass, and what is the control? KYC, if they handle crypto? That is something they do not tolerate, they do not accept, if they handle it they have to be penalized, but they are penalized with money, and at the same time they are obtaining money through crypto.

So exchanges, brokers, casinos, they are all part of a regulation by them to be able to have at least a slice, they will never support people who have crypto to operate freely, because financial freedom comes from an alternative economy that is superior to the traditional one, and that is what produces all these problems, in the end we realize that we are fighting against governments, bankers and people with a lot of power, it is difficult to raise our voices, that is why the KYC that can be avoided and even better, because what you say is very true, at the time that those sites cease to exist and are left without even a domain, since that information is absorbed by the governments or whoever has the most power at that moment .

This automatically raises the question of whether a player can exercise his right to gamble freely and at the same time remain a completely anonymous player.  In other words, will such a player, when gambling using cryptocurrencies, never provide his personal data to any casino and not participate in the KYC procedure at all?  It is probably now becoming impossible to fully realize this right to privacy and concealment of personal data.  Even such an anonymity tool as cryptocurrency, which, by the way, can provide even more anonymity to a person compared to even fiat cash, where everything is now monitored by video cameras and stored video recordings.  Even this tool is under massive attack from the world banking lobby and, following it, the government and various countries.  But I believe that the alternative economy will still exist in parallel with the main one.  And in this economy it will be possible to maintain the right to privacy, to one’s secrets and, in particular, to one’s payments.  And this does not at all mean the criminal nature of such an economy, but only means the right to freedom of action for law-abiding people. 
Cryptocurrency initially provided people with such a right, and now, of course, there is opposition from the world’s ruling clans for the destruction of this right.

[LUCKMCFLY]

<Snip>

That's the bad thing, when the people are biased from this right, all for what? a control, that's all it's based on is a control that's not at all Simple, this has to do a lot with these things to be able to do them better, if we can do any kind of thing, it's just that the Things come to an end when a person demands information in a casino, for example, why don't they buy a coin like Monero? Even though you already have your KYC ready and everything, because at least they had these methods everything would be better, but no, the thing is that when the money leaves the casino, Monero provides anonymity, privacy and makes it almost impossible to trace , Governments and entities in charge find it very difficult to track this Money , so why do they allow this ? Is something so difficult?

Casinos have many tools to protect players, but they don't want to take them, but why is this? They are subject to a work Environment where they prefer that those who adapt to them be the clients, not because they adapt to the Clients , they say that they provide Security , Better Contracts, Bonuses, and with that is the issue of concession that many fall , but we all know that in the future the core of everything will lie in wanting to Obtain anonymity , Privacy.

Privacy and anonymity can begin to Occur if the Casinos Accept privacy packages , that is the best thing that can be done, so things go well for the players, obviously in the future privacy and anonymity will be what the players look for the most People , because it will no longer be the issue of adoption or anything else, it will be that they want to be more anonymous , for that reason we are people who will always have to verify each casino very well and which is the casino that could offer the best privacy and anonymous, except for the most candidates, the most trustworthy, the oldest.

[EarnOnVictor]

You compare trader and casino. But you have to compare trader and gambler or broker and casino. In such compare we see the same result - broker and casino always win: broker don`t risk his money and get some percent for each deal and the casino has RTP and always win.
Trader or gambler can win. I think that it is possible to win for a long distance, but it means that some other gambler/trader lose.

When I look at trading and when I look at gambling, I honestly don't see how a person who gambles could talk about things like profits because the real chances of someone making profits from gambling are extremely low, so low in fact that it's pointless to stay counting on such profits, even if a person is very confident when they start with gambling, over time that person begins to realize that they are not making a profit, they are constantly losing money, when a person gambles, they, for example, deposit 10$, he can win and keep 13$ but then he will lose everything and will have to put more money into the casino if he wants to continue playing, that's why people have been told to play in moderation and look at gambling.

whereas when a person takes $10 and buys bitcoin at a price of $50,000 and that person places a stop-loss at $49,000, that person will lose little money and can buy more at a lower price or more at a higher price and then sell when the price goes up a lot, this way this person will be able to make a profit to the point of recovering all the lost money, by this I mean that in trading the person has little risk of losing all the money and has a greater chance of making a profit, the problem is that in order to make a profit that is large the person must have a large capital, 10$ with trade is nothing, it is unlikely that the person will be able to have 20$ so soon, while gambling puts 10$ and gets 20$, 30$ or more, it is possible if the person be very lucky, that's why many people keep playing

As for me - gambling and trading looks the same. If you have big deposit - you can choose small odds is sport betting and get good profit with small risk, the same like in trading. Of course you can lose all in gambling if you bet all sum in one bet, but it is silly. The same situation if you buy BTC with big leverage.
Use money management and you will get profit as result. Of course i don`t talk about casino games - it is total random and i don`t interest in such gambling.

I respect people's opinions so much, but in most cases, they do not have constructive arguments to back it up, just like yours now. Trading and gambling are not the same and will never be the same because trading is a business and doesn't require a fix outcome like gambling, it's so flexible. Though it is a risky business, can you call gambling a business? The electronic enabality of trading is what causes people to make mistakes of it and the way some bad traders gamble with their trading makes it look alike in a way. But if you would trade as a real and professional trader with the right understanding of it, then you can never link trading to gambling or gamble with your trades.

Okay, let me try to explain this in the best way I can to make you understand the fundamentals of it and not the complex way as people and technology make it look. The simplest ideology about trading is likened to a person who purchased an asset at $500, for example. The value/price of that asset will of course fluctuate due to the prevailing market conditions even as demand and supply always play their roles. For this, the value can be adjusted a little or significantly lower or higher than the $500. This means that at times, the price of the asset could be $750 or more/less ( if the asset appreciates in value), also, it could be $350 or more/less (if the asset depreciates in value). Now, if the person speculated wrongly during the time of purchase to buy a costly asset and again impatient due to fear or whatever reason sold the asset at $350 value. That means the person had lost $150 of his money.

In the opposite view, if the person was lucky to have bought the asset cheap and it even appreciated afterwards and even sold it at $750. That means the person  gains. This is how the trading works, you actually buy and own that asset, and your fate depends on how it appreciates or depreciates and the actual time to sold it, unlike in gambling. Just like we buy and own physical assets all the time, it's the same as what I just narrated. Some assets will be bought and get devalued when we now them, while others will be bought and appreciated after buying them. If you now make them a business, then you are trading, just the same way it is in electronic trading. It is only when you handle it carelessly (buy when you should sell, or sell when you should buy) that you are gambling, which is not the ethic of the trading itself.

[danadc]

You compare trader and casino. But you have to compare trader and gambler or broker and casino. In such compare we see the same result - broker and casino always win: broker don`t risk his money and get some percent for each deal and the casino has RTP and always win.
Trader or gambler can win. I think that it is possible to win for a long distance, but it means that some other gambler/trader lose.

When I look at trading and when I look at gambling, I honestly don't see how a person who gambles could talk about things like profits because the real chances of someone making profits from gambling are extremely low, so low in fact that it's pointless to stay counting on such profits, even if a person is very confident when they start with gambling, over time that person begins to realize that they are not making a profit, they are constantly losing money, when a person gambles, they, for example, deposit 10$, he can win and keep 13$ but then he will lose everything and will have to put more money into the casino if he wants to continue playing, that's why people have been told to play in moderation and look at gambling.

whereas when a person takes $10 and buys bitcoin at a price of $50,000 and that person places a stop-loss at $49,000, that person will lose little money and can buy more at a lower price or more at a higher price and then sell when the price goes up a lot, this way this person will be able to make a profit to the point of recovering all the lost money, by this I mean that in trading the person has little risk of losing all the money and has a greater chance of making a profit, the problem is that in order to make a profit that is large the person must have a large capital, 10$ with trade is nothing, it is unlikely that the person will be able to have 20$ so soon, while gambling puts 10$ and gets 20$, 30$ or more, it is possible if the person be very lucky, that's why many people keep playing

As for me - gambling and trading looks the same. If you have big deposit - you can choose small odds is sport betting and get good profit with small risk, the same like in trading. Of course you can lose all in gambling if you bet all sum in one bet, but it is silly. The same situation if you buy BTC with big leverage.
Use money management and you will get profit as result. Of course i don`t talk about casino games - it is total random and i don`t interest in such gambling.

When I go to play in a casino I never associate it with the problem of exchanges nor do I make any strategy based on trading exchanges or something like that for casinos, because for me things are different in that aspect, I always look for it. It's trying not to spend so much money, one day I tried to do trading in a broker, but I think I'm not good enough to do those things because it's very difficult, the money is spent very quickly and in a matter of seconds, plus I have experience, and in the shares of the exchanges too, then the activities of the casinos and exchanges are different for me.

Casinos and exchanges, brokers and casinos have in common that they are demanding a lot of KYC and that is something that they have to approach very carefully, in view of that things are similar, but they have a lot to do so that they can please everyone, If they focused on anonymity everything would be easier.

[delfastTions]

<Snip>

That's the bad thing, when the people are biased from this right, all for what? a control, that's all it's based on is a control that's not at all Simple, this has to do a lot with these things to be able to do them better, if we can do any kind of thing, it's just that the Things come to an end when a person demands information in a casino, for example, why don't they buy a coin like Monero? Even though you already have your KYC ready and everything, because at least they had these methods everything would be better, but no, the thing is that when the money leaves the casino, Monero provides anonymity, privacy and makes it almost impossible to trace , Governments and entities in charge find it very difficult to track this Money , so why do they allow this ? Is something so difficult?
.....

In my opinion, the situation is as follows. 

With all due respect to Monero, I must say that it is now becoming more and more difficult to use this coin.  First of all, I mean the fact that both Monero and other privacy coins are increasingly becoming the object of study by law enforcement agencies and their use immediately begins to indirectly, but negatively affect the person using them.  The second aspect that also does not contribute to their spread is the fact that the increase in the rate of confidential coins in relation to Bitcoin and Ethereum and coins such as Solana or Cardano is proceeding at a slower pace.  This is clearly visible, for example, in the way Monero dropped quite significantly in the CMC or Coingecko rankings in the first hundred coins by their capitalization.  It turns out that holding Monero simply becomes unprofitable.  So I don't expect them to become widespread in the future.  Including among gamblers in crypto casinos.

[mak013]

As for me - gambling and trading looks the same. If you have big deposit - you can choose small odds is sport betting and get good profit with small risk, the same like in trading. Of course you can lose all in gambling if you bet all sum in one bet, but it is silly. The same situation if you buy BTC with big leverage.
Use money management and you will get profit as result. Of course i don`t talk about casino games - it is total random and i don`t interest in such gambling.

I respect people's opinions so much, but in most cases, they do not have constructive arguments to back it up, just like yours now. Trading and gambling are not the same and will never be the same because trading is a business and doesn't require a fix outcome like gambling, it's so flexible. Though it is a risky business, can you call gambling a business? The electronic enabality of trading is what causes people to make mistakes of it and the way some bad traders gamble with their trading makes it look alike in a way. But if you would trade as a real and professional trader with the right understanding of it, then you can never link trading to gambling or gamble with your trades.

Okay, let me try to explain this in the best way I can to make you understand the fundamentals of it and not the complex way as people and technology make it look. The simplest ideology about trading is likened to a person who purchased an asset at $500, for example. The value/price of that asset will of course fluctuate due to the prevailing market conditions even as demand and supply always play their roles. For this, the value can be adjusted a little or significantly lower or higher than the $500. This means that at times, the price of the asset could be $750 or more/less ( if the asset appreciates in value), also, it could be $350 or more/less (if the asset depreciates in value). Now, if the person speculated wrongly during the time of purchase to buy a costly asset and again impatient due to fear or whatever reason sold the asset at $350 value. That means the person had lost $150 of his money.

In the opposite view, if the person was lucky to have bought the asset cheap and it even appreciated afterwards and even sold it at $750. That means the person  gains. This is how the trading works, you actually buy and own that asset, and your fate depends on how it appreciates or depreciates and the actual time to sold it, unlike in gambling. Just like we buy and own physical assets all the time, it's the same as what I just narrated. Some assets will be bought and get devalued when we now them, while others will be bought and appreciated after buying them. If you now make them a business, then you are trading, just the same way it is in electronic trading. It is only when you handle it carelessly (buy when you should sell, or sell when you should buy) that you are gambling, which is not the ethic of the trading itself.

Let`s i answer your example.
I bet $500 with the odd 1.5 i get $750. If i make a bet i own that asset and i can mostly sell it before the result. May be cheaper, for $300 if the game is not so good as i thought, or may be higher - for $600. The same situation in trading - you have an asset that can not only grow up. The only difference, that you asset mostly costs something. And if we talk about leverage trading - there is no difference with gambling. Some moment you catch stop-loss and lose all your depo.

Someone say that trading is a science. The others say that it is just luck. The same i hear about gambling.

[bitterguy28]

are we forgetting that those people who use brokers also benefit from them? hence why i dont think it’s that bad of a thing for brokers to have a little commission here and there. nothing bad about their jobs especially that is where they are earning money … it seems like a job that is very profitable and risk-free so why not do it?