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

[Kelward]

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.

There's no accurate predictions on either gambling or crypto trading, however both have different levels of risks. Gambling doesn't require much skills, infact most games doesn't require any skills to play, they just depends on luck to win. Whereas crypto trading is hard and requires learning it's fundamental and technical analysis before understanding what the determinants are before placing trades. So trading requires the trader to learn the necessary skills to become a professional trader and that makes it to be more profitable because he understands the crypto market. Meanwhile for gambling, especially casinos games and lotteries are based on luck. It's only when someone is trading without any experience that you can liken him to a gambler, a professional trader is more profitable than the two.

[chmod755]

I once won a 5-digit sum on Satoshi Dice but I knew the risks.

[ChiBitCTy]

I wonder what percentage of this forum mentions “profits” per every , say ..10 posts. I’d gamble a lot on that, speaking of gambling profits.

This is so situationally based, it’s impossible to say without referencing specific situations. I will say this, I know a good amount of people on this forum are in poorer nations /situations and think this is the answer to making money..it’s not.  Buy shares of an S&P 500 fund, put the money toward btc for long term growth, invest “gamble” in semiconductors etc. I’ve been a financial advisor for nearly 20 years and have done well investing and I never trade as it’s not for most as it takes a lot of time , skill and knowledge and even then it often ignores fundamental analysis.

Gamble for fun , not to make money and don’t trade, invest.

[Frankolala]

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.

Some people claim that they are surviving through crypto trading and I have no reason to doubt them because I don't have any experience. But it requires a whole lot of skills, experience, and money. A trader needs to understand the basic and technical concepts of the business before he can start making profits.

But I prefer gambling to trading. You can be lucky to win big with small funds in gambling but in most cases, you need to invest more in trading to get high profits. Gambling can be easily understood without much reading or experience, but that's not the case in trading. There are cases where first-time gamblers win big because they are just lucky. One can be easily scammed while trading because there are too many coins in the trading ecosystem. But in gambling, you are secure if you choose reputable casinos.

Yea, I agree with all that you mentioned on gambling because hitting the jackpot is possible even if you don't have any skill or knowledge of the game. Gambling is also used as a means of entertainment and relief of stress whereas trading is very boring and stressful which is the opposite of gambling.

The punchline is that trading is like going to school learn a course and practice gives you the best experience in the market, if you don't dedicate your time, money and effort on it, you will not make profit but gambling can be done without taking it serious and before you know it, you might be lucky. I don't also trade because I don't have the patience it needs to learn better.

[irsykes]

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.

There's no accurate predictions on either gambling or crypto trading, however both have different levels of risks. Gambling doesn't require much skills, infact most games doesn't require any skills to play, they just depends on luck to win. Whereas crypto trading is hard and requires learning it's fundamental and technical analysis before understanding what the determinants are before placing trades. So trading requires the trader to learn the necessary skills to become a professional trader and that makes it to be more profitable because he understands the crypto market. Meanwhile for gambling, especially casinos games and lotteries are based on luck. It's only when someone is trading without any experience that you can liken him to a gambler, a professional trader is more profitable than the two.

I agree with you, all life activities have risks just in different sizes. All fields will not be far from this sacred thing, it's just that everyone who wants to take the step to do so has thought about the risk of responsibility that must be accepted. like gambling, the risk of losing money is the main basis for knowing what will happen if we don't win. Saving money or trading also carries risks. Sometimes even professional traders are not always 100% sure there are unexpected risks.

[coin-investor]

Trading and Gambling are often brought up when it comes to generate a speculative profit because for Gambling and Trading, it always needs luck for us to happen and to generate a profit. It’s said quite often for Gambling and Trading to be a source of income despite very speculative gains, so let’s discuss how Trading or Gambling can deliver us profits and which one is better.

Your motivation to take up trading is to have a source of income, and you can do that if you have the time and perseverance to learn how trading works; something you cannot say about gambling because whatever strategy you employ and how much time you invest its not possible to make money from gambling because it's a luck based game.

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.

Both are risky, but there is a greater risk in gambling because gambling is more addictive than trading; gambling releases dopamine, the reward system that makes gambling addictive.

[robelneo]

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.

But there are a lot of e-books and courses about trading and traders are buying and taking up these courses because there is a potential profit if properly implemented all the courses, something you cannot say on gambling.

You will laugh and call it a scam if someone sells you courses on how to make money from gambling because it's not really possible to make consistent money from gambling, so between gambling and trading those profit seekers will opt to choose trading.

[cryptoWODL]

Both trading and gambling involve risks. But if you are a professional trader then you will be able to earn more money from it. Moreover, which trade will do spot trade or future trade. If you involve yourself in futures trading you will think that it is more risky than gambling because can lose your money at times as many traders have lost even I lost my money in this trade. But if do spot trade, your risk level will be less, if you wait a little patiently, can profit by selling when the price rises.

Although many are professional gamblers, they lose money from their gambling because gambling depends entirely on luck. In gambling the loss is greater than the gain.

[Dewi Aries]

There's no accurate predictions on either gambling or crypto trading, however both have different levels of risks. Gambling doesn't require much skills, infact most games doesn't require any skills to play, they just depends on luck to win. Whereas crypto trading is hard and requires learning it's fundamental and technical analysis before understanding what the determinants are before placing trades. So trading requires the trader to learn the necessary skills to become a professional trader and that makes it to be more profitable because he understands the crypto market. Meanwhile for gambling, especially casinos games and lotteries are based on luck. It's only when someone is trading without any experience that you can liken him to a gambler, a professional trader is more profitable than the two.

I agree with you, all life activities have risks just in different sizes. All fields will not be far from this sacred thing, it's just that everyone who wants to take the step to do so has thought about the risk of responsibility that must be accepted. like gambling, the risk of losing money is the main basis for knowing what will happen if we don't win. Saving money or trading also carries risks. Sometimes even professional traders are not always 100% sure there are unexpected risks.

Yes, that's true and regarding the issue of high or low risk it depends on the activity, but if we compare trading with gambling then yes of course I think it's clear that gambling has a much higher risk than trading, because gambling completely depends on luck while trading depends on on how skilled you are and how much knowledge you have about various ways that can bring profits, such as strategy, one of them.

Basically, these two things are indeed risky activities regardless of the difference in the level of risk, but the point is that as long as you can manage and control everything properly and correctly without exceeding your limits then you will be able to avoid various bad possibilities such as losing significant amounts of money. . On the other hand, as you said, even professional traders do not always end their trading sessions with a profit, sometimes they also experience losses, but that is normal because after all trading is a risky activity, and I would say that if you trade without being based on any knowledge and knowledge ( guessing without any reason) then it can actually be said to be gambling.

[Mr. Magkaisa]

             -    The majority on this platform of the forum know that often we can really get a profit from trading and not gambling online here in cryptocurrency, frankly speaking.
It only becomes bigger than maybe in gambling when someone gets a jackpot playing gambling.

Or if you know the tricks to win gambling online, but if it's just a typical gambling game, it will be a bit difficult for any gambling player to win to get a profit from it.
So, still Trading is the most useful tools for us to earn most of the time.

[ethereumhunter]

I choose trading than gambling to make money. When we trade, we have an opportunity to make money especially when we have good skills in analyzing the market. If we stuck in the high price and we can hold the right coin, we will still have a chance to make a profit. But when we playing gambling and lose the money, we will difficult to gets the lost money before because casino will not allows us to do that easily.

But trading without having skills and just predict the market is like gambling and that will makes us difficult to make a profit. We can gets lose our money and can't gets the profit because we holds the wrong coins that will difficult to increase high. When you playing gambling, you should not trying to chase the wins because that will be difficult for you. So you knows how to treat gambling and trading properly and knows which can gives you the profit.

[Nwada001]

The only difference is "initial capital" we need large capital in trading to get decent profits.
With the balance of $100 it will take time to get 100% profit from that $100, whereas in gambling you can get 100% profit quickly or lose $100 quickly too.
If you have "enough money", it is clearly better to do trading.

Another difference that you can also add is that, in gambling, if you lose that $100 that you deposit, there is no way that you will be given a chance to win it back without looking for a means to add another $100 to your account and continue your gambling again. 
 
But for trading, it's hard for you to get your asset 100% liquidated unless the person trades in the future, and with high-risk leverage, if not, there is always a chance for you to gain back your initial capital if you can realise your mistake on time and retrace your steps.

[alani123]

For me both have their advantages. Gambling is more chance based and if you want to be precise you can calculate exactly what your chances are. What your luck will need to be to hit certain multipleirs etc. You can even factor in all the bonuses and rakebacks a casino will offer you to be more precise.

With trading you might have better intuition of how markets will act but really markets can also be manipulated and your positions forced into losses or forced closed if you had any leverage especially. So I would say both are high risk activities but in trading no matter the experience you can still hit a bad trade and be liquidated. Most big traders make their bucks handling other people's money and keeping fees anyway because it's more reliable.

[CryptoHeadlineNews]

Long-term, I have doubts because Trading and Gambling are very tied to luck but we can indeed make a big profit if we have luck. Only requirement is to have luck and we can indeed make a big win and big profits. But such a win is not to be taken as to be repeated and next time, we can lose big time, even from our formerly positive strategy.

Yes, because inasmuch as both trading and gambling are tied with luck, let's not forget that while trading is tied to a luck of existing patterns, gambling on the other hand is tied with luck that has no pattern (i.e a random occurrence), because a gambler can be seen to win big today, and the next time he might be sported to win another big huge sum could be several months or a year time, unlike a trader who could spot a high pips while analysing trade and venture into it ro make high profit, and in a couple of weeks time while listening to global market news could still spot another high Gold/Dollar pips (i.e XAU/USD) to venture into to make huge profits too. Which is not possible with traditional casino gambling.

Note:
Forex works with understanding how trading pairs work, and what factors affect its price movement, while gambling, most especially casino games works with 100% trying of luck