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

[milewilda]

It depends on skills. Good trader may be a poor gambler and vice versa. Trader may gamble of course for fun rather than for the reason to make profit.

A good trader is also a good gambler. I don't mean gambling in casinos but in the trading itself because the risk on it is also high as gambling in casinos, and we don't know, maybe there are some traders who are also good at gambling in the casinos? Gambling is primarily made for the people to have an entertainment but we also know that many people tries to profit out of it. A trader is seeking for money, so there is also a good chance that they are among those people who treat gambling as a profitable activity.

But I think  the confrontation of both activities is laboured a bit.

Not just a bit but requires much of it because each of them is not easy, although it is still very worth it because high risk do also has a high reward.

Trading could become gambling depends on what kind of approach you would really be having towards it, but actually both things are totally different.It would really be just that not that right if you would really be having that kind of gambling approach on the time or moment that you do deal up with trading. Entertainment and invesment is never been that the same thing, which it would really be just that right that you should really know
on what you would gonna supposed to do on the  things that you are really that dealing or involving with. It would really be just that impossible that you cant really be able to make yourself having that awareness on how things works and on how to make yourself deal up with something according into the risks involved. How to make good profits? In trading then it would really be that depending into your analysis and with some mix of luck and with gambling then it would really be heavily bias about being lucky. On the time or moment that you do make yourself having that involvement then it would really be impossible that you wont really be
able to point out on what are the things that you would gonna need to do.

[Antotena]

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.

Don't compare gambling and trading together, they are not the same but some aspects of trading can be regarded as gambling which is the future trading but normal trading isn't gambling. With right knowledge, you can trade and with stop loss, you can use it to reduce loss on trade but in gambling, you can't do that because the option there is either you win from the casino or you lose to casino, the only way you don't get something or casino don't get from you is when the game is canceled or didn't hold, that's when you have nothing.

Gambling require skills and also in trading but your outcome is determined by you in trading but in gambling, you can't decide. If it's a casino game, the luck depend on how low the house hedge is and if you are a sport better, your winning and losses depend on what they play in the match but trading is all about how you were able to understand the concept of the market fundamentally and technically.

[Fortify]

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.

Trading and Gambling seems to follow a strategy

For Trading and Gambling we can select various strategies and experts are also giving trading and bet practices how to trade or how to gamble but is it really possible to make a profit from a Trading or Gambling strategy?

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.

Sports bets are not similar like online Casino Games

It has to be said we should also differentiate between Sports Bets and online Gambling like online Casino Games, Dice Games, Slot Games or similar.
While online Casino, Dice or Slot Games are very risky because on average we will lose, we have to make a closer look to Sports betting.
Sports betting is a very broad sort of betting on all sorts of Sports, where we can select a market, which we like and which we want to bet on.
We can bet on markets like here on football:
-   Winner of a game
-   Total number of goals
-   To get a penalty kick
-   Total numbers of cards shown
-   Total number of corner kicks
-   Player to score a goal / get shown a card

It is a wide range of markets to bet on and we will have a possibility to make a personalized strategy for whatever market will be available, so our chances are pretty much better compared to a simple Dice game, where on average, we will lose for sure.
It’s quite possible for us to make a profit by having a good betting strategy.

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.

This is like saying - what is better, football or basketball? They are two completely different things but many people seem to get them mixed up after watching a few movies like the wolf of wall street. Day trading is dead these days, in the era of high frequency trading you have pretty much no chance of trying to make money in this area, the real pros are making judgements on what is happening 3+ months out in the market which automated systems will find much harder to predict. Then you have investors who simply buy and hold forever, or rarely sell - because transaction fees will eat away at your long term returns. There will be certain specialists who can spin a consistent profit inbetween, but they are a rare minority. Gamblers however, are often clueless and holding on to blind luck.

[blockman]

Gambling require skills and also in trading but your outcome is determined by you in trading but in gambling, you can't decide.

They both require all of those things, luck and skill. But you can go as free as you are when you trade and gamble. I'd say we don't have control in the outcomes but chances are being increased if we're skilled in both of it because we've got the advantage for having that. Both are like guessing games even if you are skilled with it and wherever you'd go and try to describe both of them, the fact that we like for each of them is about being profitable and that's occasional.

[serjent05]

Trading vs. Gambling

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.

Gambling and trading although have the speculative factor are different from each other.  Although trading is a risky activity to earn profit, it is not as high risk as gambling.  People who are trading can have a calculated risk that can minimize the risk of losing while gambling does not have.  All we can do in gambling is to have a proper bankroll management and beyond that is uncontrollable. 

It is also stated that the outcome in gambling is highly dependent on luck while one can try to predict the outcome of trading depending on the information gathered.  Traders can use Technical or fundamental analysis which highly assists traders to predict the price of their trades while gambling does not have those.

Although trading is pretty hard to master, it can be a good source of profit when one understands the market movement, unlike gambling which relies on RNG for results.

[Stable090]

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.

I don’t know why you have to compare gambling and trading in terms of profit making. Gambling is just like luck, and the chances of making money from gambling are kind of low compared to when you are trading. I am a gambler and a trader, but I will say I gamble just for fun. I don’t really win much money from gambling, but I trade for the sake of money, and that’s where I make money from. Not that I don’t lose whenever I trade, but my profit is always more than my loss. But whenever I take a seat and calculate the amount I have lost from gambling, then I won’t say it’s profitable.

[len01]

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.

It will not be speculative if you choose the right coin and depending on the type of trading you choose for example trading long term on BTC coins.

For me, speculative is true (on alt coins/meme coins for the short term) but when it comes to trading, it is actually different from gambling because trading is easier to analyze and has lower risk. While gambling, there will always be surprises even when betting on sports betting, sometimes a team that looks strong will be defeated by a weak team.
On the one hand, trading doesn't always result in big losses even if we predict the price of the coin incorrectly, but at least we don't lose our entire budget. Compared to gambling, we always lose our entire budget in just a short time.

Unless you are referring to trading (Future) which can be said to be similar to gambling, then I will agree with your opinion.

[ethereumhunter]

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.

I don’t know why you have to compare gambling and trading in terms of profit making. Gambling is just like luck, and the chances of making money from gambling are kind of low compared to when you are trading. I am a gambler and a trader, but I will say I gamble just for fun. I don’t really win much money from gambling, but I trade for the sake of money, and that’s where I make money from. Not that I don’t lose whenever I trade, but my profit is always more than my loss. But whenever I take a seat and calculate the amount I have lost from gambling, then I won’t say it’s profitable.

You are right because we will difficult to make money from gambling than in trading. If you have skills in trading and know how to trade well, you will have a chance to make a profit. If you can't sell today, you can sell it later when the price increase especially if your coin is one of many coins that have potential to increase. Playing gambling is just for fun and not for makes money so we don't have to try hard to playing gambling to win and make money because we can lose much money.

But trading without knowledge is same as gambling because you risks your money without know what coin that can increase in the next cycle.  We can loss in trading but we can make a profit when the market gets a reversal and gives a chance to us to sell our coins in a high price. We can have more chances to make money from trading especially if we have a good skills to trade.

[panjul07]

Gambling and trading will be an apple to apple comparison only if the trading is being done blindly (by guessing only) without any other researches.
In general, we cant compare between gambling and trading especially when it comes to the possibility of making profit.
We cant even compare between gambling and binary options although binary options is silimar like gambling where we guess/predict the price of specific coins whether the price will go up or down.
All in all, trading is a better thing to do if we want to make profit but of course we need to have good knowledge about the market.

[GeorgeJohn]

You can't compare gambling and trading when you comes in terms of profit making and losing, its obvious that the two has to do with risk and luck, but trading profit can be assured when you acquire the strategies of trading very well, because sometimes while people do lose in trading is when they have devote out time to learn the necessary needful of gambling, because when you come in terms of learning you can learn trading and understand the scopes and when trading you can apply the applications you acquire.

But when you come in terms of gambling, it doesn't have assurance and you have to know that their is no much skill you can apply in gambling and make much profit on it, so base on my own Theory of understanding gambling and trading, trading will give you more profit if you comprehend the protocols of trading very well, in gambling you can not escape its loss, and theirs no way you can man over its loss but in trading you can man over losses.

[Jody.Drummer]

Gambling and trading will be an apple to apple comparison only if the trading is being done blindly (by guessing only) without any other researches.
In general, we cant compare between gambling and trading especially when it comes to the possibility of making profit.
We cant even compare between gambling and binary options although binary options is silimar like gambling where we guess/predict the price of specific coins whether the price will go up or down.
All in all, trading is a better thing to do if we want to make profit but of course we need to have good knowledge about the market.

Exactly, I also have the same thoughts as you in terms of responding to trading with gambling, which in a short and simple way, trading can be called gambling if it is done without being based on any knowledge and understanding in the sense of nothing more than just guessing - Guess as you say and it's true, meaning that if you or anyone else trades without being based on any knowledge or strategy for some reason, such as being lazy about studying or whatever, then you can't tell other people that you are a trader, but you are nothing more. from someone who treats the trade as a place for your gambling.


On the other hand, I think that in general the similarities between gambling and trading are only because both activities involve money, profit and risk, but in the process it is different, trading produces profits by using skill as a fishing tool, while in gambling there is no way that has a guarantee of success. can always give us victory, and this is why many people often say that gambling depends on luck.

[Reid]

Trading without any doubt. There's always a way to save your funds in trading unlike how it goes in gambling. Gambling is like a reckless way of spending money while trading has it's system where you could read the movements of the market. There's no such thing in gambling, there's no market that we will be able to read. All we had is guessing and predicting the results I don't think this is a good comparison at all. The risk is way different and if you are good at trading you will notice how far they are to each other.

[Rampagoe004]

Gambling require skills and also in trading but your outcome is determined by you in trading but in gambling, you can't decide.

They both require all of those things, luck and skill. But you can go as free as you are when you trade and gamble. I'd say we don't have control in the outcomes but chances are being increased if we're skilled in both of it because we've got the advantage for having that. Both are like guessing games even if you are skilled with it and wherever you'd go and try to describe both of them, the fact that we like for each of them is about being profitable and that's occasional.

I agree with you. But I think gambling requires more luck and you can't really control every game you play. Trading doesn't require much luck. You can create luck with the skills you have. Gambling requires betting and if you lose you will lose all your money. Trading also requires capital but if you make a mistake you still have the opportunity to cut-loss and secure the rest of your money. I compare gambling with traditional trading. I don't talk about stock market trading because I don't think everyone will relate to the stock market.

[blockman]

Gambling require skills and also in trading but your outcome is determined by you in trading but in gambling, you can't decide.

They both require all of those things, luck and skill. But you can go as free as you are when you trade and gamble. I'd say we don't have control in the outcomes but chances are being increased if we're skilled in both of it because we've got the advantage for having that. Both are like guessing games even if you are skilled with it and wherever you'd go and try to describe both of them, the fact that we like for each of them is about being profitable and that's occasional.

I agree with you. But I think gambling requires more luck and you can't really control every game you play. Trading doesn't require much luck. You can create luck with the skills you have. Gambling requires betting and if you lose you will lose all your money. Trading also requires capital but if you make a mistake you still have the opportunity to cut-loss and secure the rest of your money.

That makes sense and I like what you've said that luck is being made if we're going to use our skills.

I compare gambling with traditional trading. I don't talk about stock market trading because I don't think everyone will relate to the stock market.

The normal trading like in the supermarkets where vendors are buying their goods from another vendor and they put up a margin for each product they sell.

[Dewi Aries]

They both require all of those things, luck and skill. But you can go as free as you are when you trade and gamble. I'd say we don't have control in the outcomes but chances are being increased if we're skilled in both of it because we've got the advantage for having that. Both are like guessing games even if you are skilled with it and wherever you'd go and try to describe both of them, the fact that we like for each of them is about being profitable and that's occasional.

I agree with you. But I think gambling requires more luck and you can't really control every game you play. Trading doesn't require much luck. You can create luck with the skills you have. Gambling requires betting and if you lose you will lose all your money. Trading also requires capital but if you make a mistake you still have the opportunity to cut-loss and secure the rest of your money. I compare gambling with traditional trading. I don't talk about stock market trading because I don't think everyone will relate to the stock market.

Yes gambling requires more luck if a gambler wants to get more wins, but however luck is something that a person can never control, because no matter what and forever luck is something that is natural and runs by itself, or simply we don't. will never know about when luck will come and when luck will disappear. Therefore, this is why every gambler is always advised to only bet small amounts, not least because they are worried that at that time luck will not come which will ultimately make them lose money.
While trading is of course based on how skilled a person is in doing it or in executing each market condition as you said, in the sense that skill can be said to be a guarantee of making a profit, although not always, and I see that most of the people here have the same opinion regarding the comparison between gambling and trading.

[Slow death]

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.

I don’t know why you have to compare gambling and trading in terms of profit making. Gambling is just like luck, and the chances of making money from gambling are kind of low compared to when you are trading. I am a gambler and a trader, but I will say I gamble just for fun. I don’t really win much money from gambling, but I trade for the sake of money, and that’s where I make money from. Not that I don’t lose whenever I trade, but my profit is always more than my loss. But whenever I take a seat and calculate the amount I have lost from gambling, then I won’t say it’s profitable.

In my case, I also make sports bets and trade, and when I make sports bets I'm just thinking about having fun, that's why I put money that I can afford to lose, whereas when I'm trading I take it very seriously, I look at trading with the objective of making a profit and in trading I don't make a profit relying on luck. when I make a profit on the trade and thanks to the study I did and the strategy I used. That's why whenever I see someone making comparisons between trading and gambling, I immediately think about how absurd that person is making comparisons.

[dansus021]

What’s better to make a good profit - Trading or Gambling? In my opinion if you want to make steady income than trading is better gambling. Gambling is 50.50 especially if you play house game like mones dice slot and etc.

While trading can be predicted with the help of technical analysis and fundamental analysis and if you are pro trader the winning rate could above 60-80%

So the simple answer to make good profit i will go to trading option

[Gozie51]

What’s better to make a good profit - Trading or Gambling? In my opinion if you want to make steady income than trading is better gambling. Gambling is 50.50 especially if you play house game like mones dice slot and etc.

While trading can be predicted with the help of technical analysis and fundamental analysis and if you are pro trader the winning rate could above 60-80%

So the simple answer to make good profit i will go to trading option

Well why I could agree with trading as more profit making than gambling is there are different training and platforms that you can learn from as a struggling trader who wants to be better because trading itself is not easy to be profiting from. Many traders don't make profit from it but they have the opportunity to keep learning until they are better on it. There are different learning platform on trading online and offline that can assist interested traders to carry on with the desire to trade but I don't know if that exist in gambling as much as the gamblers can follow up on if not prediction sites. Gamblers are not ready to learn on any platform but what they are interested in is to gamble and aim for winning. So trading is more organized than gambling and that gives room for learning and improvement.

[Blitzboy]

What’s better to make a good profit - Trading or Gambling? In my opinion if you want to make steady income than trading is better gambling. Gambling is 50.50 especially if you play house game like mones dice slot and etc.

While trading can be predicted with the help of technical analysis and fundamental analysis and if you are pro trader the winning rate could above 60-80%

So the simple answer to make good profit i will go to trading option

Well why I could agree with trading as more profit making than gambling is there are different training and platforms that you can learn from as a struggling trader who wants to be better because trading itself is not easy to be profiting from. Many traders don't make profit from it but they have the opportunity to keep learning until they are better on it. There are different learning platform on trading online and offline that can assist interested traders to carry on with the desire to trade but I don't know if that exist in gambling as much as the gamblers can follow up on if not prediction sites. Gamblers are not ready to learn on any platform but what they are interested in is to gamble and aim for winning. So trading is more organized than gambling and that gives room for learning and improvement.

Trading is about learning, its about strategy, its about being smart. You have courses, the tools, the mentors. Every every day you can improve your trading. That has beauty in its simplicity. You keep getting better. Now, gambling is another beast entirely. Its more about the exhilaration - that thrill. It is a societal matter. It relates to the stories you will share thereafter. To be very honest, though, its also dangerous. Nobody guarantees your success. It is more of luck than of ability. You know, though? Both have importance. While gambling brings people together, trading can help one create riches. Both impart to you lessons about danger, about human nature, about yourself. All of it is a part of life. And let me say, life is the best adventure available.

[YOSHIE]

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

Both of them can make a lot of profit or money, depending on their habits or knowledge. Gambling is a game that must be played based on strategy, experience and so on, as well as crypto trading, strategies, experience and so on are also needed.

Many of them gamble, but have no experience in trading, on the other hand those who trade do not have expertise in gambling, now come back to yourself, both make a lot of money, trading can make millions of dollars in a matter of hours, gambling can also make millions of dollars in a matter of hours.

If you want to do what you usually do, that's what you do, don't force yourself to do your activities with money in a place where you don't understand, hear, imitate, trial and error is not a good idea to do, do what you often do, gambling or trading, both are places for money.