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Author Topic: Prove me wrong: Gambling is both more relaxing and entertaining than trading!  (Read 726 times)
stompix (OP)
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December 16, 2023, 12:36:06 PM
Last edit: December 16, 2023, 01:23:02 PM by stompix
 #1

LE as I am reading the replies
Maybe thrilling was more appropriate than entertaining so feel free to use that!

As it seems I'm the only one betting on horse racing around here we need a bit of intro for this

So, two races out of 4 done by 12:18 GMT time and both horses I was backing, favorites,  Hunters Yarn and  Kourosh dropped their jockeys at the last hurdle, the first did it while being in the lead by 10 lengths, the second when battling for the first place, lost a bit on them and probably more to come as I'm 1 out of 5 bets right now but I didn't feel any remorse or regret or anything like this, moreover I feel really good because I saw some really entertaining races with a change in the last moment.
On the other hand, whenever I trade even if it's just small, really small positions and I lose a few $ I feel bad, I always tell to myself why I even bother to do it.

So hear me out:

With gambling, you chose on who to bet when to bet , once you do you you wait for the outcome at a fixed time!
With trading you chose your pair coins, you have to wait for the price to reach what you think it's an entry point and then set limits , watch the damn numbers even for days, even if you cash out in profit there can always be a regret you haven't kept the position opened.

Three is little that can influence a sport event outside of what you know, with coins it just takes a stupid hack or some gov going bananas on crypto out of nowhere while you sleep and you have your house full of trading alarms like you're in a police raid.

TA analysis is just Timeform, there is no difference between them , they show something that happened in the past with a coin and the form of a horse , in both cases you're looking at past performance and trying to figure the outcome.

I can't find numbers on the screen entertaining, if somebody tells me numbers and lines are more entertaining that this, I think there is something wrong with you!  Wink

So prove me wrong (if you think I am), what am I missing?

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swogerino
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December 16, 2023, 12:43:34 PM
 #2

Well it surely is more entertaining as by doing trading you get nothing as an emotion,sure you get that feeling I find it right and I won some money in the best case scenario while by gambling you are enjoying the graphics,music and theme of the slot,when you hit the bonus round and expect to win huge it is a feeling that you never will encounter in any trading session.

Trading is a whole lot more like sport betting as in there even when you bet you don't get more entertainment than in trading,you just place your bets and wait for the outcome,just like in trading you do your calls and wait for the outcome.

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December 16, 2023, 12:48:23 PM
 #3

I gamble to have just fun.

I do not trade to have fun but to make money. Although I also use small amount of money to trade, just like gambling but a little bit more higher.

If asking which one is more entertaining, trading is not entertaining but exhausting.

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Mr.suevie
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December 16, 2023, 12:57:23 PM
 #4

I gamble to have just fun.

I do not trade to have fun but to make money. Although I also use small amount of money to trade, just like gambling but a little bit more higher.

If asking which one is more entertaining, trading is not entertaining but exhausting.
Trading can come with a lot anxiety and stress especially when you trade with big money, I remember watching my one of friend during his trading session, it was something of laughter and I also felt some of pity for him because that day was a dreadful one for as he lost at almost all five trading session he partook and the funny part is the facial expressions he give me whenever the candle stick drop in a session he actually bought and it was as If he is going to cry but yet he kept trading more.

R


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ultrloa
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December 16, 2023, 01:07:58 PM
 #5

This depend on how passionate the person on gambling or in trading since people would really say that they are more feel relax when gambling than trading and same what will be the trader said for gambling.

But for me scenario is different since sometimes I feel relax while gambling especially when I am on winning side, but got stress when starting to lose since sometimes I can't take to see especially when seeing the stats which is starting to be on losing streak condition.

Same goes with trading I feel relax when bull market is happening but got stressed when bear season or corrections starting to occur.

So all of this is really situational and depends on how people approach it.

R


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December 16, 2023, 01:21:04 PM
 #6

This depend on how passionate the person on gambling or in trading since people would really say that they are more feel relax when gambling than trading and same what will be the trader said for gambling.
This does not depend on the one someone is passionate about. Trading is not fun at all and not entertaining in any way. If you are a scalper or a day trader, you will understand what I am talking about. No trader will say trading is entertaining. But if a trader is good, the trader will see trading more as a business and a way of making money instead. Gambling can not be seen as a way of making money because with experience, you have more chance to make money in trading.

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December 16, 2023, 01:23:58 PM
 #7

I gamble to have just fun.

I do not trade to have fun but to make money. Although I also use small amount of money to trade, just like gambling but a little bit more higher.

If asking which one is more entertaining, trading is not entertaining but exhausting.

I agree with you- everything boils down to preference.

Mostly, when people trade, they do it for profit and not for fun. I mean, as someone who traded before, believe me that it was not fun to see your trades on the red; and it was definitely not fun to see and wait the prices to decrease while losing at least 50% of the value of your investments.

Gambling, on the other hand, can be viewed both as a form of entertainment and as a means for profit. This is the reason on why people enjoy gambling purely on the entertainment side as they want to feel that adrenaline rush regardless on whether they won/lost their bet.

R


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December 16, 2023, 01:37:24 PM
 #8

It depends on how each person views it, sometimes gamblers don't really like the habit of trading and vice versa, a trader doesn't really like the habit of gambling, that's what we're discussing in this discussion, I'm also a trader but not a trader who expects my investment to make a profit. fast because I prefer to invest in crypto trading for the long term not for the short term. so for me it won't make me wait too long because that's the right way to trade.

I usually use gambling just for entertainment and to have fun as you said because every bet and gambling we play depends on how we react to it. For some people, I think gambling as a source of income is not right, so I think gambling is to get peace. That's definitely for those who are looking for calm and entertainment, but if it's said that gambling is more relaxing than trading, it's definitely wrong for me personally because I think both are equally relaxing.  Wink

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December 16, 2023, 01:43:39 PM
 #9

With gambling, you chose on who to bet when to bet , once you do you you wait for the outcome at a fixed time!
With trading you chose your pair coins, you have to wait for the price to reach what you think it's an entry point and then set limits , watch the damn numbers even for days, even if you cash out in profit there can always be a regret you haven't kept the position opened.

So prove me wrong (if you think I am), what am I missing?


You may be right in your analysis but one thing is for sure. Trading is more certain than gambling meaning you are more in control of your trade to close them when in profit as compared to the gambling results which are luck based and no one have control over the win and losses.

For me, if i win money, then i become relaxed and it is also entertaining for me, no matter it is trading or gambling, As money makes you relax and you only feel fun when you are on the winning side.

So, from this point of view, Gambling has less chances of winning as compared to the trading but still, if you can make money from gambling, nothing is more relaxing and entertaining than gambling.

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December 16, 2023, 01:48:09 PM
 #10


So prove me wrong (if you think I am), what am I missing?


I will not prove you wrong but in fact, support your claim that gambling is entertaining, and relaxing and there's a lot of thrill attached to it, I also have the same experience in horse racing, off-track betting was so popular back then that there's so much buzz and tips going around and you need to be good in analyzing those tips coming from tipsters and insiders I remember almost hitting the winner take all races jackpot but unfortunately I failed to capitalize on an insider's tips because I have a hard time verifying in the last minute and I have lack of funds to diversify my bets, it was too late because the tips coming from an insider is the one that delivers in the last race of WTA although I have a consolation.
I feel that the race is exciting because the favorite whom I bet only loses by a fraction of a second, and there's a need for a photo finish to verify the real winner.
Gambling is more fun and exciting which makes it addictive even though you know that you can lose money you always come back to capture the thrill, and horse racing is one of them.

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December 16, 2023, 01:55:12 PM
 #11

Trading, you're only watch the chart, graph, spam chat, market etc how can all of them is fun in the first place? Cheesy

When you're bet in sport especially you're fan of the team or player, there's something that make you need to watch the game and it could make you enjoy as long as it's really competitive even your favorite team or player not win.

But I'm curious, who said trading is fun?

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December 16, 2023, 01:56:42 PM
 #12

This depend on how passionate the person on gambling or in trading since people would really say that they are more feel relax when gambling than trading and same what will be the trader said for gambling.
This does not depend on the one someone is passionate about. Trading is not fun at all and not entertaining in any way. If you are a scalper or a day trader, you will understand what I am talking about. No trader will say trading is entertaining. But if a trader is good, the trader will see trading more as a business and a way of making money instead. Gambling can not be seen as a way of making money because with experience, you have more chance to make money in trading.

Of course these two things are very different between gambling and trading, where gambling is only recommended as a place of entertainment when you have free time or feel bored, while trading is specialized as a place to earn, another difference is, can you learn gambling? or does it mean that the strategy you bring to gambling will be useful? No, because there is absolutely nothing to learn there, which means that it remains in the initial understanding that gambling is nothing more than entertainment.

While for trading everything you can learn and qualified knowledge and experience will be able to make it easier for you to be able to achieve a pretty good profit, on the other hand I agree with your idea that trading activities are not fun because the place is not to seek pleasure but to earn, but maybe there will be some situations that can make you quite happy and one of them is for example when you can reach your daily profit target if you are a day trader. In terms of opportunities are also clearly different, not least because in trading if you have good enough skills and knowledge then obviously your chances of profit will also be easily achieved, while in gambling there is no such thing but everything depends only on how lucky you are. But on the other hand there are indeed few similarities such as in terms of risk management, both of these require mental and psychological calmness to stay fine and so as not to suffer significant losses.

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December 16, 2023, 01:57:36 PM
 #13


So prove me wrong (if you think I am), what am I missing?


I will not prove you wrong but in fact, support your claim that gambling is entertaining, and relaxing and there's a lot of thrill attached to it, I also have the same experience in horse racing, off-track betting was so popular back then that there's so much buzz and tips going around and you need to be good in analyzing those tips coming from tipsters and insiders I remember almost hitting the winner take all races jackpot but unfortunately I failed to capitalize on an insider's tips because I have a hard time verifying in the last minute and I have lack of funds to diversify my bets, it was too late because the tips coming from an insider is the one that delivers in the last race of WTA although I have a consolation.
I feel that the race is exciting because the favorite whom I bet only loses by a fraction of a second, and there's a need for a photo finish to verify the real winner.
Gambling is more fun and exciting which makes it addictive even though you know that you can lose money you always come back to capture the thrill, and horse racing is one of them.

Yes because we are not here anymore if we don't feel relaxed about it and we always find gambling more entertaining since the feeling also the excitement is different while playing then waiting for the outcome of our bets.

That's why I kinda agree with this that gambling is made for us to enjoy. Trading is for investment and I don't find it entertaining since I always feel that we need to be more serious dealing with our investment since we can't play lame around with that.

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December 16, 2023, 02:01:32 PM
 #14

Gambling is basically an emotional addiction especially in my case I consider it as the only source of entertainment. I never take gambling seriously outside of entertainment. Especially one day a week I only bet on sportsbetting. But when I get enough free time, I gamble two or three days a week. But I never consider gambling as a source of income.
However, trading is one of my main sources of income for my bitcoins. I keep myself connected with trading regularly and to say that I manage my family support as well as my study expenses mainly through Bitcoin trading.

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December 16, 2023, 02:05:04 PM
 #15

You may be right in your analysis but one thing is for sure. Trading is more certain than gambling meaning you are more in control of your trade to close them when in profit as compared to the gambling results which are luck based and no one have control over the win and losses.

How is trading not luck?
You make it look like the price follows a certain track and somehow with a crystal ball you get everything right!
If that would be true how the f** is not everyone a billionaire by now?

So, from this point of view, Gambling has less chances of winning as compared to the trading

Show me the numbers!
I doubt a 1/10 bet has less chance of winning than trading fufumemeloveplus coin!

Trading can come with a lot anxiety and stress especially when you trade with big money, I remember watching my one of friend during his trading session, it was something of laughter and I also felt some of pity for him because that day was a dreadful one for as he lost at almost all five trading session he partook and the funny part is the facial expressions he give me whenever the candle stick drop in a session he actually bought and it was as If he is going to cry but yet he kept trading more.

Yup, exactly my pint, so what would be the difference between a gambling grasping his ticket at a racecourse and this guy having a free colonoscopy on his chair with every green or red candle?

But I'm curious, who said trading is fun?

Open a topic about trading being fun in the speculation board and you will see tons of them!  Wink

While for trading everything you can learn and qualified knowledge and experience will be able to make it easier for you to be able to achieve a pretty good profit,

Again, why re not all traders billionaires by now and why there are hundreds of them still pinching pennies with raffles and signatures campaigns on tis forum when with knowledge you could achieve good profit? Oh, even better question, why are you not doing that yourself?  Wink

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December 16, 2023, 02:09:11 PM
 #16

I gamble to have just fun.

I do not trade to have fun but to make money. Although I also use small amount of money to trade, just like gambling but a little bit more higher.

If asking which one is more entertaining, trading is not entertaining but exhausting.

Basically gambling is game-based entertainment, not about making a profit in the game, because this is a paid game but that doesn't mean it's a means of making a profit, the profits from gambling are just bonuses, where people who have a good mindset will gamble as a entertainment alone will not consider gambling as a source of profit generation. by enjoying the game it will make us happy with every round. People who gamble for fun do this gambling not to seek income or profit.

different from trading, where we have to be able to manage it well, because trading has to produce profits, and perhaps this tends to be more necessary to produce profits, and it is true as you said, trading tends to be tiring because in trading there is of course an element of profits must be obtained and this must be done so that everything can run well.

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December 16, 2023, 02:15:35 PM
 #17

The thing that makes the time pass at ease on gambling is you know by when there would be a result and mostly the result comes pretty soon.
While on trading, you could be waiting for months for the price to hit your upper or lower point.
The pro about trading is you don't lose all of it and if analysed better, you have better odds at winning. But it's not as fun as gambling.
I was lucky today and doubled my $50 to $100 trading a coin in 12 hours. But I could just bet all of my $50 bankroll and have x4 profits in seconds or a complete loss.
Personally I believe trading should be taken as a way of earning rather than a fun place to gamble like casino.


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December 16, 2023, 02:16:58 PM
 #18

I don't think this is any argument for anyone who have done both. The perfect example is that gambling is like a stable coin while trading is like Bitcoin that is volatile. Gambling is not just more relaxing, it is also easier to win because the options are numerous. You can control your risk and target just like trading but gambling is more flexible and realistic.  You will never see anything like slippage in gambling unlike trading that slippage can mess up one's trade.

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December 16, 2023, 02:19:56 PM
 #19

Generally, gambling is entertaining and trading isn't.

If you are both gambler and trader at the same time, you'll already know the answer to this. Me, I see gambling as a way to have fun while trading is for serious venture, either a job or business but we are expected to be profitable for our end result. However, in gambling, regardless of the outcome, there's still that entertainment value we would get if maintain being responsible in gambling.

Sometimes, after I trade, when I could cash out some profit, I use it in gambling to relieve the stress in trading.



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December 16, 2023, 02:23:51 PM
 #20

I can't find numbers on the screen entertaining, if somebody tells me numbers and lines are more entertaining that this, I think there is something wrong with you!  Wink

So prove me wrong (if you think I am), what am I missing?

If we sre going by this, it's going to spike out lots of arguments because everyone will want to argue his own point and give reasons for that, but i will say this is more of a person decision and taste, some of us can't do without gambling because it's entertaining quite alright and that's the general approach gamblers take on that, but the truth is that, was it everybody that makes fun out of gambling even when they are not winning, fo we still remember it's a means of being entertained when we are loosing bets, trading to some people is a form of business or investment, so many people take it more serious and don't joke with it, it's a form of retaining or regaining our asset value in currency investment and we can take such for fun like we do with gambling.

R


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