Zanab247
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June 12, 2024, 03:14:26 PM |
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In gambling, you can use $5 or $10 to gamble to win big money while trading require big money before you can earn big money from your trading, and you can gamble without having the experience of gambling and win which you can't try such in trading.
If you have the experience of gambling like the way some gamblers use to win all the time from gambling, you can turn to millionaires through gambling, and you will prefer it than trading which you have to wait for bull run before you can trade to take profits that will going to suit you.
Gambling is everyday gamble while trading has a particular season traders use to trade to earn profits from their trading which is bull run, and the way I use to experience joy whenever am playing games, I don't use to experience such joy from trading.
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June 12, 2024, 03:24:07 PM |
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Trading or gambling?
This is a very relevant topic that I have long wanted to discuss with users. Let's compare trading and gambling in all respects. I believe that it is more difficult to win at gambling than at trading or investing. Perhaps you think differently? Then explain why. By gambling I mean primarily those games in which not only luck is important. That is, we will not consider roulette, dice and slot machines. From gambling we will only take sports betting and some card games such as poker and blackjack. Why do I think you have a better chance of getting rich in trading than in sports betting or card games for money? There are many reasons for this. 1. In trading there is a stop loss, there is averaging, there is a hold, that is, the ability to hold a position for a long time until it becomes profitable. There is none of this in gambling. 2. In trading, if you want, you can do without professional intermediaries. There are peer-to-peer transactions. You can do without exchanges. In gambling, it is almost impossible to do without casinos and bookmakers. 3. Trading includes derivatives and leverage trading. Of course, these are tools that require a lot of knowledge, but nevertheless it is possible. Derivatives allow you to hedge a position. In gambling there is no concept of position, there is only a bet. 4. In gambling, you must have the highest quality of prediction. In trading this is not necessary, because there are strategies such as rebalancing. If your bitcoins double in price, sell half. If you fall by 2 times, buy some of the stablecoins. ------------- What advantages do you think sports betting and card games have over trading and investing?
It heavily depends on the market you want to trade, if you want to trade bitcoin and other good altcoins then I will pick trading over gambling any day, as the profits you can make here are many times higher than what you could get with gambling, however if we were talking about the traditional markets, and you had the ability to profit from a gambling game in which your skill matters, your profits will be way better gambling than what you could get by trading.
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Zlantann
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June 12, 2024, 03:35:08 PM |
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What advantages do you think sports betting and card games have over trading and investing?
Trading is mainly for profit making while gambling is for both profit and entertainment. Anyone who is trading is solely committed to it because he sees it as a source of income. It is wrong to see gambling as a source of income because it is highly unpredictable. Some people also see trading as a full-time job, while seeing gambling as a full-time job could lead to gambling addiction. Most people who take gambling as their job end up becoming bankrupt or indebted. Trading can be predictable if a proper analysis is done but gambling is more dependent on luck. Learning how to gamble takes a short period. But trading needs some specialised skills that take some time to learn. Failure to understand trading can lead to constant losses. Trading can also be time-consuming because traders have to monitor diverse indicators before they engage in it. However, gambling activities can be carried out without any form of preparation or analysis.
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BITCOIN4X
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June 12, 2024, 03:36:28 PM |
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What advantages do you think sports betting and card games have over trading and investing? Don't expect gambling (whatever it is) to be a way to generate wealth. Not many gamblers become rich in fact, most of them fall poor because they chase victory in the wrong way. Gambling should be considered as a place for you to have fun, even though you can make a profit from it when you win. My principle of betting on sports is to get more enthusiasm while watching the game. I like football, betting on certain matches will make the atmosphere more lively. Besides, I do this for fun, it doesn't matter if I win or lose.
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BABY SHOES
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June 12, 2024, 03:37:13 PM |
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Trade: Anyone who does not have a strategy then it is the same as gambling because it will throw you into a loss, so in trading it requires a lot of things to make the right decision but for me trading is not entirely gambling because you can profit if you have mastered it.
Gambling: Everyone can do it because the game is random and easy to understand, the difficult thing is how to be profitable in gambling? Once you are professional you will not know when you will get lucky, so for me pure gambling is not entirely on strategy unlike trading.
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yudi09
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June 12, 2024, 03:47:24 PM |
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-snip- ------------- What advantages do you think sports betting and card games have over trading and investing?
Trading and gambling? One of the advantages between the two is that gambling is not complicated for me to do whereas trading requires more skill. Even though the two activities are similar in terms of the risks involved, I put them both at different purposes from what I am still doing. Spot is the trade that I prefer because my skills are not enough to master leverage and futures. In short, trading is not a job that I like, but gambling is more interesting for fun even though the risk of losing is definitely there.
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Su-asa
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June 12, 2024, 03:50:03 PM |
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I think the only different between gamble and trading is some gamblers that gambles for fun only trade to make profit and gamble for fun activities. In the region I live in people don't agree that gamble is for fun though, so those people sees gamble and trading to be the same thing. Even though gambler are gambling for fun when they become addicted to gamble they know that gamble is risky and trading is also risky as gamble but trading is a time consuming thing.
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Yatsan
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June 12, 2024, 04:10:58 PM |
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If it is for entertainment purposes then gambling would be a better one to choose however, if it is with chances of making profit then it would be with trading, I believe. There are candles and volume you could make an analysis with to come up with a winning trade. Proper DCAs will be enough to pull things up however risk is present to both trading and gambling. It actually depends on one's risk appetite if I would be asked. Some people would prefer embracing the risk in trading while some would be going at gambling to test their luck. Discipline is also important in these two and same goes with avoiding greed. both trading and gambling have their own difficulties as you said, but i admit that gambling is trickier than trading, because in trading you have tools and various things that you can use, but when you gamble what you hold is luck or strategy that you can't do consistently like in trading. this is what makes gambling trickier than trading, especially when gamblers play in games that rely on luck, it can be much harder to win.
Eitherway won't promote assurance of winning or earning profit. However, difference is obvious on which is which; luck is not something an individual rely on trading. It is just the idea that the market itself is too volatile for trading plans to handle accurately.
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aioc
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June 12, 2024, 04:20:27 PM |
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Trading or gambling?
------------- What advantages do you think sports betting and card games have over trading and investing?
I'm not good at trading; it's tricky to figure out those charts to make money, but it's different when you're betting with your favorite team, player, or fighter. There's an attachment of feeling, whereas, in trading, you have to find a motivation to continue what you're doing. In gambling, it just comes naturally because of the emotional attachment; you can cheer on your favorite team that you bet on, but it's hard to do that in trading. I will always prefer gambling to trading, even though people are saying you can make money trading than gambling. I'm comfortable with my losses; I don't have to make a shift.
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Eternad
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June 12, 2024, 04:21:21 PM |
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What advantages do you think sports betting and card games have over trading and investing?
Crypto trading is always prone with market manipulation. With this nature of crypto trading, I think this makes an advantage for gambling since most of the casino games is probably fair and based on luck which the out come of your bets is not decided by the majority of users since no one can manipulate the result. Sportsbook already offer cashout feature which is equivalent already to stop loss which you can react by analyzing the game live while you can’t do this on trading because no one know when will whales will buy and sell assets that will affect the market.
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dansus021
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June 12, 2024, 04:24:59 PM |
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Trading or gambling? It is very trick question I mean both of them have a different meaning started with Trading according to this site "the activity of buying and selling, or exchanging, goods and/or services between people or countries: trade in The country's trade in manufactured goods has expanded in the last ten years." - https://dictionary.cambridge.org/dictionary/english/tradeWhile gambling is "gambling, the betting or staking of something of value, with consciousness of risk and hope of gain" - https://www.britannica.com/topic/gamblingSo if you ask me Trading or gambling I would choose trading for steady gain and stable income as long you have the knowledge of it and you know with what are you doing and do gambling is just for fun. Tho trading can be same as gambling if you just buy with a degen head with leverage x1000 or trading a new generated memecoin hehehheh
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danherbias07
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June 12, 2024, 04:28:46 PM |
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If you know trading then choose it for an obvious reason. If you don't know anything about it then stay away from it.
There's the third choice. Don't do both. Gambling is such a risky way to make money and you will end up getting stressed out spending way too much money before you can make some. I can say this because I have been there and there are other gamblers who experienced worse than me. Trading on the other hand has an automated feature and it's not like you will go to zero unlike gambling.
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Zigabel
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June 12, 2024, 04:44:11 PM |
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Despite being a matter of choice gambling is more better and easy than trading for me because trading takes allot of energy it's not easy to focus on any garjet one is using close to 24 hours in monitoring the market to avoid losses. The area of risk the both are full of risk but in that of fun gambling give more and allow one to get some rest but more than trading. I prefer gambling because of the fun beside I can't focus my eye to monitor trade for long time because trading need all attention and I am a kind of person that like to do others thing which make it nit fun and favourable for me to engage.
Gambling can never be more preferred to trading in my own perspective because it's very clear that trading involves a whole lot of skill and it can be done on a very professional and scalable form, but with gambling I don't see same been replicated because gambling is more luck dependent which doesn't give a room for scalability a d probably seeing professionalism in it, nevertheless both aswell have a way of getting those involved in either make good money when done judiciously, you don't need 24hr on the chart to be able to make good money trading. Gambling risk for me look even higher than that with trading because if you know how well to trade you will be able to define your risk and when you loose you will know it's definied but with gambling your risk seem u defined because you keep gambling thinking you will recover if you loose.
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GideonGono
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June 12, 2024, 04:53:11 PM |
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Gambling is for entertainment while trading is for profit, that is how I see it, also it is easier to control or manage the risk in trading. But if you would invest or trade without knowledge on what you are doing or buying, then it is similar to gambling you are just depending on luck, and they are just jumping in cause of any reason like they heard or read from signal group or celebrities.
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Dewi Aries
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June 12, 2024, 04:56:03 PM |
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Trading is as risky as gambling.
I gamble to have fun than trading. Trading drains energy from me like very significantly. If I am gambling, I do not feel exhausted but trading makes me to be exhausted. I do not know what causes this because I look at the screen while doing any of the two.
If we're talking about risk then yes of course these are two different things that have the same level of risk, or simply these are two activities that have the potential for risk. And yes I think what you said is quite true in this case, which is quite dependent on what exactly someone wants, if for example they want money then obviously gambling is not the right place, but trading can allow for that purpose because it can be learned and there are enough professionals who share some pretty good strategies (although not 100% accurate). But if the choice is which can be used as entertainment then of course I think it is gambling, I can't explain it in detail but we can really feel the fun, and I don't think that element is present in trading, because the main goal of the majority of traders is to make a profit, meaning that worry and tension are often felt rather than entertainment.
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m2017
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June 12, 2024, 05:11:22 PM |
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Why do I think you have a better chance of getting rich in trading than in sports betting or card games for money? There are many reasons for this.
But it seems to me that the probability of “winning” in trading or gambling will be approximately the same (give or take), because in both trading and gambling you make a “bet” on the likely outcome of events (whether it is a probable increase/decrease in the value of a potential token or victory/defeat of a football team). Agree, if we abstract from the particulars, then in general, these two types of activities have similarities. 1. In trading there is a stop loss, there is averaging, there is a hold, that is, the ability to hold a position for a long time until it becomes profitable. There is none of this in gambling.
These are all special cases (tools) that are necessary for only one thing - to predict the outcome of events in the cryptomarket. Gambling doesn't have these tools, but there are others (odds, probability of goals, deletions, red cards, etc.) that are not used in trading. But in fact, I repeat, in general terms, the function of these different tools in gambling and trading is the same. Namely, an attempt to predict the outcome of events in order to make a profit. 2. In trading, if you want, you can do without professional intermediaries. There are peer-to-peer transactions. You can do without exchanges. In gambling, it is almost impossible to do without casinos and bookmakers.
Who is stopping you from placing a bet without a casino by negotiating directly with your neighbor?
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Z_MBFM
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June 12, 2024, 05:22:28 PM |
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Gambling is for entertainment while trading is for profit, that is how I see it, also it is easier to control or manage the risk in trading. But if you would invest or trade without knowledge on what you are doing or buying, then it is similar to gambling you are just depending on luck, and they are just jumping in cause of any reason like they heard or read from signal group or celebrities.
I agree with your statement. Yes, even though winnings are obtained from gambling, it is used by people to enjoy because it is a game so it can be enjoyed in many ways. But trading is like a business. Traders buy and sell various types of physical goods, but trading involves buying and selling digital coins. So gambling and trading are completely different. But if one talks about future training then it behaves like a bit of a gamble. But spot trading is not gambling. And if one's intention is to earn, then he can do trading. But gambling is good for him if it is used for fun but one has to be very careful in this case
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bangjoe
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June 12, 2024, 05:46:45 PM |
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Crypto trading and gambling both have one thing in common and that is risk, not knowing whether you will make profit/win or lose. The difference between them is that gambling is relaxation and entertainment while trading is seriousness and professionalism, you don't need to be a professional to gamble. It takes a short time to understand how to gamble, but trading requires a person to learn fundamental and technical analysis to be able to understand how to make trading decisions. So I think that gambling is easier but it involves more risks while you can control loses in trading, and it makes it less riskier.
I don't agree if it's about risk, because having a business and other things is also a risk including living life or surviving it is also inseparable from risk, but I strongly agree with the sentence that gambling is for fun and there is no need to be a professional in living it because it is only limited to entertainment while trading is indeed a profession which is required to earn income because it is a field of work today in my opinion, and we really have to be professional and have a lot of knowledge and experience to live it because here can work with a systematic formula and can be calculated while gambling is not. But not a few people who trade but they gamble on trade.
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Lanatsa
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June 12, 2024, 05:57:04 PM |
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Trading is as risky as gambling.
I gamble to have fun than trading. Trading drains energy from me like very significantly. If I am gambling, I do not feel exhausted but trading makes me to be exhausted. I do not know what causes this because I look at the screen while doing any of the two.
Trading mislead so many people and they are losing just like in gambling. Only good traders are making money in trading but they are not many.
Trading can be less risky and generate income than gambling, but if done appropriately with less risks. It is not even about using stop loss. I hate stop loss because my strategy does not needs it at all.
Gambling is entertaining. Trading is not entertaining.
Trading is indeed risky but not on the same level when dealing up with gambling. Why? We can apply analysis and any strategies that you could really be able to have that profitable trades on which it is something that you cant be able to do specially when dealing with casino games except if dealing up with sports betting and card games then you could have the chance. Just like on what you had said or mentioned that there would really be just that only few who do able to make themselves profitable with trading. In overall, leisure thing cant really be compared on something like trading on which this could potentially you could make it as a source of income if you have done it well but of course this isnt something a skill that you could really that easily be able to obtain and it would really be taking up a lot of time. Also, the only trading thing which i do consider to be on likes of gambling is on the moment that you've seen yourself that dealing up with future trading on which this is something a trading method or kind that will be considered on high odds or too risky specially into those people who dont have any idea on what they are doing. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Juse14
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June 12, 2024, 06:10:32 PM |
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The question of the difference between trading and gambling often arises because both involve risks and potential profits. And of course everyone has their own preferences in choosing to gamble or trade. Because when talking about risk, I think both have the same risk of losing the money we have.
However, despite this, in fact gambling has a higher risk than trading. Because talking about opportunities in gambling tends to rely more on luck than skill. Meanwhile trading is based more on skill, strategy, absorption of information and good analysis results. Understanding these differences is important so that individuals can make wiser decisions appropriate to their goals and risk tolerance.
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