What’s better to make a good profit - Trading or Gambling?

[OgNasty]

Trading and gambling are both degenerate ways to make money because they can also lose you a lot of money and take your time. Neither can be counted on as income and the odds are against you in both cases. Instead of trading, you should invest if you want to earn money and gambling should be done as a form of entertainment, not income.

[khiholangkang]

Trading is too stressful and complex, it is not easy to make profit without proper knowledge from trading. However, trading is a skill and one can be a professional at it to the point of making profits frequently.

On the other hand, gambling is easy and does not need to much stress because it relieves one from stress. Gambling is a means of entertainment and use for fun. I can take the risk of gambling to try my luck but I don't understand trading and feel that there is no need of risking my funds to trade. You can hit the jackpot in slots game without having any knowledge.

Even in the slot game you need to understand how it works before going to play it otherwise you won't make any hit from it, but however in trading needs time and attention to study how the market works even in gambling one need to have idea and clue on how to go about the games before making winnings.

Just take for example in sport betting, you need to know how to predict games or how the games works before you can choose the team to win or to bet against, if you don't have the proper knowledge there is no day you can go bet on them or even place bet on the team to win so they both need knowledge or at least to understand how the system works to be at winning side.

After all, both trading and gambling do require information, though they are different in nature. Trading is also more intimidating because it seems complicated (due to market analysis), and because it seems to require a lot of skill and knowledge to do it, therefore it seems difficult for those who are not used to it.

On the other hand, gambling is often viewed as relaxed since its basis is fun and luck to win. It is relaxed since although there is a level of knowledge required, it is only basic. For example, one must understand how a slot machine works. Or be in a position to predict the game when placing a sports bet. Therefore one may think that winning is luck. But gambling also requires at least a little knowledge.

The point is that trading and gambling require knowledge. Not of the same type, level, or form because both certainly involve risks. However, the knowledgeable party needs the traps and understanding to reach the winning party.

[HONDACD125]

Trading and gambling are both degenerate ways to make money because they can also lose you a lot of money and take your time. Neither can be counted on as income and the odds are against you in both cases. Instead of trading, you should invest if you want to earn money and gambling should be done as a form of entertainment, not income.

True, but if we are to compare the two, trading should probably be the option to go with because, with ample knowledge and understanding about the cryptocurrency market, one can manage to earn some profits through trading whereas gambling is something that is completely based on luck and you can't make money from it if you are unlucky and luck can't be gained or learned or earned, it comes naturally and you can't bring luck from anywhere.

There should be no comparison between the two because both of these are completely different things apart from one or two types in both sides which might have some resemblance such as sports betting in gambling and futures trading in trading which both require knowledge and experience and are equally risky, or maybe futures trading is riskier because the market is way more unpredictable than a sports event.

[Mia Chloe]

You can make more money from trading than gambling if you are a professional trader because trading is based more on skills than luck. However, gambling is depends more on luck than trading which makes it difficult for you to be a professional gambler.
If you don't understand trading or have a good trading skills and your are trading, it is the same thing as gambling for the person because he will always run at loss just like gambling that is more of losses.

Gambling can also make you a lot of money one time just like trading can too. However although gambling can also give you an edge of experience and little calculations or analysis, it's still based more on the concept of dependence on luck. Trading on the other hand is more of mastery and technical understanding.

I think one of the main differences between the both of them is that gambling makes more of like a one time profit or jack pot more likely. However trading on the other hand is like more of consecutive wins as long as the analysis is still valid and the trader in question is still very much good at his analysis and understanding of the market.

[AmoreJaz]

You can make more money from trading than gambling if you are a professional trader because trading is based more on skills than luck. However, gambling is depends more on luck than trading which makes it difficult for you to be a professional gambler.
If you don't understand trading or have a good trading skills and your are trading, it is the same thing as gambling for the person because he will always run at loss just like gambling that is more of losses.

Gambling can also make you a lot of money one time just like trading can too. However although gambling can also give you an edge of experience and little calculations or analysis, it's still based more on the concept of dependence on luck. Trading on the other hand is more of mastery and technical understanding.

I think one of the main differences between the both of them is that gambling makes more of like a one time profit or jack pot more likely. However trading on the other hand is like more of consecutive wins as long as the analysis is still valid and the trader in question is still very much good at his analysis and understanding of the market.

One more thing, in trading, if you got mistake in your speculations, you won't lose all your money but you will only suffer some losses especially if the price went down. But in gambling, once you lose, it is totally gone. Just an example, if you bet in luck-based games, it is either you win or you lose your bet. Whereas, in trading, your initial funds may only go down but not totally gone.

[Odusko]

Trading and gambling are both degenerate ways to make money because they can also lose you a lot of money and take your time. Neither can be counted on as income and the odds are against you in both cases. Instead of trading, you should invest if you want to earn money and gambling should be done as a form of entertainment, not income.

Both gambling and trading should be avoided at most to newbies, unless you are doing them for the fun of it and not for some business because both events outcome are unpredictable and you can go from 100-0 within a few seconds and that is why we advise most people to avoid gambling at all cost, most especially gambling but trading can still be done with a minimal trigger because on few occasions one can build some trading skills that can help you to make good trading decisions that could facilitate some level of profits, unlike gambling where it outcome is completely out of the control of the gambler and based on luck for the gambler and a advantage on the casinos since their have what we call House edge that help keep them at constant advantage over the gambler.

I think this not the first time we are having such comparison and relationship between gambling and trading outcome on the individual a d at each level we make clear emphasis on the linkage between both of them and for likely truth to be told losing occur in both at same level although one is preferred to the other, but it is hard to know their differences, but losing still occur more in gambling compared to trading.

[I_Anime]

Trading and gambling are both degenerate ways to make money because they can also lose you a lot of money and take your time. Neither can be counted on as income and the odds are against you in both cases. Instead of trading, you should invest if you want to earn money and gambling should be done as a form of entertainment, not income.

Exactly, is better to invest your money on bitcoin than to take gambling as a source of income or going into trading without any solid knowledge on how it works, because you will only get yourself reckt. But still the reason why some folks still prefer trading to gambling is because of one takes his time to learn and acquire a good trading skills he or she can actually make it through trading, and will also know how to manage the risk in it , because in gambling there's no skills in it so it all boils than to luck .

[Ryu_Ar1]

Trading and gambling are both degenerate ways to make money because they can also lose you a lot of money and take your time. Neither can be counted on as income and the odds are against you in both cases. Instead of trading, you should invest if you want to earn money and gambling should be done as a form of entertainment, not income.

Agreed with this because after all, when it comes to actual trading, the risk is clearly higher and this cannot be done by just anyone because it takes a lot of learning and research to be able to get a profit in the trading that is done, and even then, there will definitely be losses on several occasions due to misplacement.

Gambling will also be ridiculous if this is used as a benchmark for us to get profits because it is necessary to realize that in gambling the risk of us losing is the most basic thing that we must realize so do not be too naive by considering gambling as a suggestion to get big profits quickly.  To get profits we only need to work which is certain to get income and of course investment is also a good option that needs to be done if we have more money that we can use for the investment that we do.

[nelson4lov]

A lot of people always classify trading with gambling in the same category but it's actually not the same. Although there are similarities between the two including — both of them being very risky and highly speculative, but as someone that has indulged heavily in both, I'd like to state that it's not the same. For trading, you actually have to be very skillful to win it. For gambling, you just need bare minimum skills and plenty of luck in order to make it. That's why people who have excessive luck make the most money gambling.

[Akbarkoe]

Trading and gambling are both degenerate ways to make money because they can also lose you a lot of money and take your time. Neither can be counted on as income and the odds are against you in both cases. Instead of trading, you should invest if you want to earn money and gambling should be done as a form of entertainment, not income.

I agree that gambling is better used as a place of entertainment and not as a place to earn income, because hoping for gambling is not a certainty, but trading so far can be more worthy as a job with a good risk profile and strategy, not a few people can earn income, it's just that out of 100% of people who succeed in this profession, only a few.

[HelliumZ]

Trading vs. Gambling

Trading and gambling have some similarities as well as some dissimilarities that never have a chance of being reconciled between the two. You bet in gambling and it is sure that your bet is totally uncertain and you don't know whether your bet will give profit or loss. If your bet loses then your balance will be zero forever with no chance of you ever getting your capital back.
But in the case of trading, if the market goes into a big dumping position after you take the trade, if you keep your investment holding, then you will have a chance to get your capital back through the market correction at some point.

[alastantiger]

Exactly, is better to invest your money on bitcoin than to take gambling as a source of income or going into trading without any solid knowledge on how it works, because you will only get yourself reckt. But still the reason why some folks still prefer trading to gambling is because of one takes his time to learn and acquire a good trading skills he or she can actually make it through trading, and will also know how to manage the risk in it , because in gambling there's no skills in it so it all boils than to luck .

Trading is better to make a good profit and investing too is better for you to make profits to gambling but gambling can give you more profits if you get lucky and get a big win. This is what is making more people are trying their luck with gambling and not Investing or trading. Some people think that gambling is an investment to them as they spend more of their time betting and investing money into it. We all should take gambling as entertainment and not an avenue for us to make money because they are going to be losing more money than they will be making. Money that you want to spend in gambling can be used to learn how to trade and after you have been trading and making profits, you can use some.of the profits to gamble and if you get lucky, you can win a large sum of money but if you don't win, you still won't be angry because you don't depend on gambling to feed.

[Docnaster]

Trading and gambling are both degenerate ways to make money because they can also lose you a lot of money and take your time. Neither can be counted on as income and the odds are against you in both cases. Instead of trading, you should invest if you want to earn money and gambling should be done as a form of entertainment, not income.

Trading I know involves a lot of risks but it's not as risky as gambling. When you've mastered the trading market and how it works, you'll hardly lose money in and even when the direction of the trading market is going against you, you can stop trading at that moment until it comes back to the point you can handle. Gambling on the other hand is as simple as putting one money on a mere prediction and hope for the best. I've seen many people who got rich through trading and still trading today but I've rarely seen gamblers who became wealthy through gambling

[Hispo]

Trading and gambling are both degenerate ways to make money because they can also lose you a lot of money and take your time. Neither can be counted on as income and the odds are against you in both cases. Instead of trading, you should invest if you want to earn money and gambling should be done as a form of entertainment, not income.

I still believe there must be more professional traders out there than there is professional gamblers, that is because it is easier make money out of speculation in the markets than gambling. Otherwise there would not be people who make a living about of it. (There are not many, though, it is still possible).
Also, I would like to point out that the word "degenerate" only would apply if the path towards making money out of an activity is considered to be extremely reckless and disregarding of the consequences of the actions being done by the person; in the case of trading, it could only happen if the trader goes with future markets/options with highly leveraged positions (which is getting closer to gambling than investing), there are healthy ways to trade and speculate and that is keeping a reasonable margin of risk, relocating assets when they are underperforming, keeping eyes on the prices and the patterns of the markets in the mid-term, etc.

We could argue though, whether gambling /trading actually generate income/wealth, since it is only a transfer of it from people who lose to people who win. That is a completely different topic.

[Makus]

Trading and gambling are both degenerate ways to make money because they can also lose you a lot of money and take your time. Neither can be counted on as income and the odds are against you in both cases. Instead of trading, you should invest if you want to earn money and gambling should be done as a form of entertainment, not income.

True, but if we are to compare the two, trading should probably be the option to go with because, with ample knowledge and understanding about the cryptocurrency market, one can manage to earn some profits through trading whereas gambling is something that is completely based on luck and you can't make money from it if you are unlucky and luck can't be gained or learned or earned, it comes naturally and you can't bring luck from anywhere.

There should be no comparison between the two because both of these are completely different things apart from one or two types in both sides which might have some resemblance such as sports betting in gambling and futures trading in trading which both require knowledge and experience and are equally risky, or maybe futures trading is riskier because the market is way more unpredictable than a sports event.

Both gambling and trading has to do with predictions but the distinction between them is that trading is a better and professional way of making money where as gambling can be played by an individual with zero experience and still make a great win due to luck while those with previous gambling experience might be on a losing strike. Though traders with experience also run into loses but, the fact is, they can still recover all their loses by applying good analytical knowledge. But gamble is essentially all about lucks and nothing much.

[I_Anime]

Exactly, is better to invest your money on bitcoin than to take gambling as a source of income or going into trading without any solid knowledge on how it works, because you will only get yourself reckt. But still the reason why some folks still prefer trading to gambling is because of one takes his time to learn and acquire a good trading skills he or she can actually make it through trading, and will also know how to manage the risk in it , because in gambling there's no skills in it so it all boils than to luck .

Trading is better to make a good profit and investing too is better for you to make profits to gambling but gambling can give you more profits if you get lucky and get a big win. This is what is making more people are trying their luck with gambling and not Investing or trading. Some people think that gambling is an investment to them as they spend more of their time betting and investing money into it. We all should take gambling as entertainment and not an avenue for us to make money because they are going to be losing more money than they will be making. Money that you want to spend in gambling can be used to learn how to trade and after you have been trading and making profits, you can use some.of the profits to gamble and if you get lucky, you can win a large sum of money but if you don't win, you still won't be angry because you don't depend on gambling to feed.

I like that statement only if you get lucky, the thing about gambling is that one can not tell when id going to hit that jackpot due to his luck and most time when one manage to do so they usually endup losing the money back after trying to make more with it (greed). So gambling don't have any chart you could read to have some glimpse on which path the market will take like trading.

I have seen scenario where someone won millions through gambling after taking a huge risk, staking a huge amount of money . And that money may be funds he cannot risk to lose , but still give it a try due to luck being on his side that day he won . But imagine he wasn't lucky he would have endup losing it all . And in trading you can easily cut losses but in gambling you can't once you lose you lose .

[Franctoshi]

Trading is also based on luck because no one can predict if and when a price of an asset will go up or down, we can only speculate.

Many traders will argue this with you. That trading is good not based on luck but knowledge, experience and the pattern that you are using to trade. Although, they will also say that trading is highly risky like gambling and betting but not the same and that trading is not about luck.

Answering Op question from the point of being a trader, I think I disagree with op that trading is of luck, Trading is a skill set, but what Op should take note of is that there are categories of traders we call gamble traders, once you understand trading is likely that your life will change from there, whereas we can say majority of gambling wining is of luck, and a little of analysis base on a team's performance.
Both in gambling and trading people lose money but if you know what you are doing,  you can earn money from each of them but trading is more profitable.

Trading vs. Gambling

Trading is similar speculative like Gambling because in Trading, we make a speculation if, for example, Bitcoin’s price or any Altcoin’s price will go up or down. We can’t predict it for sure but we can analyze patterns and market movements to make a decision. Similar, like Gambling, Trading is also based on luck because no one can predict if and when a price of an asset will go up or down, we can only speculate.

Of course, we should not rely on profits from Gambling or Trading because it is a very risky strategy and always depends for big parts on luck to earn money for us.

[mirakal]

Trading and gambling are both degenerate ways to make money because they can also lose you a lot of money and take your time. Neither can be counted on as income and the odds are against you in both cases. Instead of trading, you should invest if you want to earn money and gambling should be done as a form of entertainment, not income.

True, but if we are to compare the two, trading should probably be the option to go with because, with ample knowledge and understanding about the cryptocurrency market, one can manage to earn some profits through trading whereas gambling is something that is completely based on luck and you can't make money from it if you are unlucky and luck can't be gained or learned or earned, it comes naturally and you can't bring luck from anywhere.

There should be no comparison between the two because both of these are completely different things apart from one or two types in both sides which might have some resemblance such as sports betting in gambling and futures trading in trading which both require knowledge and experience and are equally risky, or maybe futures trading is riskier because the market is way more unpredictable than a sports event.

Both gambling and trading has to do with predictions but the distinction between them is that trading is a better and professional way of making money where as gambling can be played by an individual with zero experience and still make a great win due to luck while those with previous gambling experience might be on a losing strike. Though traders with experience also run into loses but, the fact is, they can still recover all their loses by applying good analytical knowledge. But gamble is essentially all about lucks and nothing much.

True. Both trading and gambling can create potential profits if performed with skills and luck. However, there's always a bigger chance for trading to give us sustainable profits if we can deal our market trades more wisely and strategically, unlike with gambling, with experience or not, skillful or not, or knowledgeable or not, once you're in the streak of losing, you will definitely be at loss, and recovering it would take a lot of luck again to make it happen.

[LDL]

Trading and gambling are both degenerate ways to make money because they can also lose you a lot of money and take your time. Neither can be counted on as income and the odds are against you in both cases. Instead of trading, you should invest if you want to earn money and gambling should be done as a form of entertainment, not income.

There are uncertain possibilities in both cases and no one can guarantee 100% profit from gambling and trading. Yes but you have brought up an important point that if someone ever takes up gambling as a source of income he must face tough conditions. Always remember that gambling can be an important tool for entertainment or to pass the time but should never be taken as a part time job or a tool for earning money. Trading is also terribly uncertain like gambling but many take it as a source of income.  But I think trading is a little less risky than gambling.  But in both cases you have to be careful that it never goes out of your control.

[Akbarkoe]

Trading I know involves a lot of risks but it's not as risky as gambling. When you've mastered the trading market and how it works, you'll hardly lose money in and even when the direction of the trading market is going against you, you can stop trading at that moment until it comes back to the point you can handle. Gambling on the other hand is as simple as putting one money on a mere prediction and hope for the best. I've seen many people who got rich through trading and still trading today but I've rarely seen gamblers who became wealthy through gambling

In addition, there are quite a lot of trading fields, such as spot trade, future trade, arbitrage trade and others, so you can choose options, each type has its own level of risk and profit, in principle as I said it is very worthy to be used as an option to find income in this profession.

Gambling is just putting and hoping, there is no risk management on what we might be able to do, and when we lose, our money is gone, and in terms of the mechanism for finding opportunities, trading can be calculated using in-depth analysis and the formula never changes.