Why I think trading is no different from Gambling!

[Nrcewker]

If you are risking your money for more money and there is equal probability that you might lose the initial money that you have risked, then it is termed as gambling only. It doesn't matter if you do this activity while playing games in a casino or buying highly volatile coins on exchanges. But yes, gambling can also be defined as an activity where the outcome is completely based on luck, but in the case of trading, you do the market analysis and accordingly take the trade. So in trading along with luck, some skill factors are involved. Now I think OP got his answer.

[shawonngp]

Yes gambling and trading will be same when if you are not veteran in crypto trading, trading is less risky then gambling. Trading seems gambling when your leverage will be high.
So i recommended to you for trading with low leverage then you can minimize your risk. I don't think trading and gambling both of same.

[lixer]

It is clearly very different between gambling and trading, in trading we do not only rely on luck but there are many techniques that we can learn to avoid losses while in gambling there are not many choices other than winning or losing. Many beginners in trading just follow along because they are fomo and expect big profits, it will be a loss for themselves but they also have an impact from the loss, namely being able to get useful trading knowledge for trading that will be done in the future and that is not obtained if gambling.

As always we are having good talks and point views from the different peoples about all topics this is also important and interesting one with long time in discussion because mostly newbies are having mindset about this trading and gambling are having same way of profit and lost, but we have to understand things are surely having some similarity, but trading are always having his own analysis and strategy with gambling is always stood on luck.

Even few things are having good advantage in trading but still it's never been easy to have profit from here because in case of any lazy working can bring terrible results so usually it needs more hard work and search with sports can go through in loses even you done all work before start of your session.

[Dzwaafu11]

>well am no fan of Gambling, due to my experiences in the past, I decided I would quit gambling.
But just few months after I quit Gambling a friend of mine introduces Trading. I mean I was captivated. I really wanted to make money.
I wasn't really schooled in trading but I just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact that I've lost a lot of money.
Please, am I wrong in looking at trading this way?

Trading in contrast with gambling many sees it the same way but deep down if you look at it there are somethings that will prevent you from losing too much of your money in trading. What affected you is lack of sufficient knowledge of trading you just jump in to trading after your friend told you about it you about and knowledge is one of the different thing trading have from gambling you can't trade just like that you need knowledge to make money from the market so is better you take your time and learn before you continue trading.

Furthermore, gambling is all about luck, which trading is not, and that is why I said trading and gambling are not the same. When you look at the other side of it, the only people who view trading as gambling are people who expect too much and risk too much of money, so if it did not pay out as they wish they felt was gambling, in trading you need to analyze the market before you can be able to make money from it, so OP trading is not the same as gambling.

[Mahanton]

>well am no fan of Gambling, due to my experiences in the past, I decided I would quit gambling.
But just few months after I quit Gambling a friend of mine introduces Trading. I mean I was captivated. I really wanted to make money.
I wasn't really schooled in trading but I just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact that I've lost a lot of money.
Please, am I wrong in looking at trading this way?

Trading in contrast with gambling many sees it the same way but deep down if you look at it there are somethings that will prevent you from losing too much of your money in trading. What affected you is lack of sufficient knowledge of trading you just jump in to trading after your friend told you about it you about and knowledge is one of the different thing trading have from gambling you can't trade just like that you need knowledge to make money from the market so is better you take your time and learn before you continue trading.

Furthermore, gambling is all about luck, which trading is not, and that is why I said trading and gambling are not the same. When you look at the other side of it, the only people who view trading as gambling are people who expect too much and risk too much of money, so if it did not pay out as they wish they felt was gambling, in trading you need to analyze the market before you can be able to make money from it, so OP trading is not the same as gambling.

Trading could really be that just ending up on being a gambling on the moment that you would be finding yourself on doing it without any analysis or things which you could really be that make use in order to you to have that price analysis towards the market on which you are really that applying something that could give out that kind of idea that it is really that something possible for the price on moving that way on which it is really that totally unlike when you are really just that put up your position without having any considerations on applying analysis. This is the only time that you would really be that considering trading as a gambling but in overall aspect then investment or venture cant really be that anytime be in compared with gambling or entertainment thing on which from the word alone or thing then you could be able to point out on which one would really be that worth for the time you are engaging into or into the thing that you are really that deciding into.

This is why on the time that you would really be making out engagement then it would really be that totally suggested that you should really that know on what you are dealing on with so that
you do have the idea on at least on what are the things that you would really be needing up to consider it out. So it would really be just that meaning that you would really be just that making use of your own common sense and using up your own perception on the right way or something its a must thing to be done all the time.

[GeorgeJohn]

>well am no fan of Gambling, due to my experiences in the past, I decided I would quit gambling.
But just few months after I quit Gambling a friend of mine introduces Trading. I mean I was captivated. I really wanted to make money.
I wasn't really schooled in trading but i just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact  that I've lost a lot of money.
Please, am I wrong in looking at trading this way?.

Trading is different from gambling, because I know very well what makes people to think that gambling and Trading is same, is because they have a similar loss, but different between a gambling and Trading is due to gambling can be a skill and it can't be acquire unlike Trading, you most know the dimensions you will apply in other to scale true or succeed in Trading, time factor is very important In gambling, and taking not in your error during trading can expand your knowledge, but in gambling it will be difficult for you detect your flux because its not a skill

[gunhell16]

>well am no fan of Gambling, due to my experiences in the past, I decided I would quit gambling.
But just few months after I quit Gambling a friend of mine introduces Trading. I mean I was captivated. I really wanted to make money.
I wasn't really schooled in trading but i just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact  that I've lost a lot of money.
Please, am I wrong in looking at trading this way?.

If, for you, trading and gambling are the same, you don't need to study trading because all you do is predict whether the price of a cryptocurrency or bitcoin you buy will increase because it's the same for you. trading and gambling, so you will only rely on luck in trading; that will be the concept of your mind as you think you are a trader, but the truth is you are not.

Because of gambling, there are no tool indicators that are used, and there is no passive income in gambling unless you control your luck or are cruel in cheating when playing gambling in an online casino, right?

[Jegileman]

Please, am I wrong in looking at trading this way?.

I have also been having this type of thought in me when it comes to trading. I usually feel trading and gambling are alike and should be avoided by all means. Then I thought about it more to when winning, I mean for successful traders, they won’t see trading as gambling because they’re most times in win and you’ll prefer to get more wins than losses in the market to be on a good stance level. Beginner traders will see trading more as gambling when they’re yet to perfect their trading skill and lose more often but once they get the science behind it, they’re done and will never see them on the same level afterwards.

[justdimin]

There are some limitations between both but if not carefully examined you would feels they are the same, though lot of people have this feeling that both are functioning same thing but when you are advanced in trading you will understand that both aren't the same but at the basic level we can say they are the same. Let me just hit direct to a little key there, you know for terms of altcoin especially memecoin we can say is gambling since their volatility level is high we can say is gambling but in case of some reputable coin such as bitcoin ethereum or BNB that are know it's not. So to remain safe while trading you need to avoid some shitcoin called memecoin that are newly listed in the market you need not to trade although there is no assurance of it but most times there are possibility you could make it from them but the losing possibility is extremely higher than expected.

You are right that some coins are new in the market known as meme coins, trading them is just like gambling but both trading and gambling are different. When we gamble, there is no guarantee that we will get anything back, but if we trade, the market goes down, and our money is stuck, when the market goes up, we get a profit, but with gambling, nothing happens with lost money. The money you lose never comes back.

Even to get it you invest more money and you lose that money too. There is no such thing as knowledge in gambling. There is no learning process in gambling, it all depends on luck whether you win or not, but in trading, after learning if you do trading then definitely you can get a profit. Trading is also of two or three types. If you are doing futures trading then it will look like gambling, but if you do spot trading, it is different from gambling.

[Dr.Osh]

If you are risking your money for more money and there is equal probability that you might lose the initial money that you have risked, then it is termed as gambling only. It doesn't matter if you do this activity while playing games in a casino or buying highly volatile coins on exchanges. But yes, gambling can also be defined as an activity where the outcome is completely based on luck, but in the case of trading, you do the market analysis and accordingly take the trade. So in trading along with luck, some skill factors are involved. Now I think OP got his answer.

Yes, everything can be a gamble when we only rely on luck. However, trading can be gambling if we only guess, and the assets we enter will disappear without a trace. However, real trading is buying an item, coin, or thing that has a function, or benefit, and the price can go up and down. Meanwhile, gambling is only risking the money we have with the aim of multiplying that money with the risk of losing the money completely.

[Adbitco]

There are some limitations between both but if not carefully examined you would feels they are the same, though lot of people have this feeling that both are functioning same thing but when you are advanced in trading you will understand that both aren't the same but at the basic level we can say they are the same. Let me just hit direct to a little key there, you know for terms of altcoin especially memecoin we can say is gambling since their volatility level is high we can say is gambling but in case of some reputable coin such as bitcoin ethereum or BNB that are know it's not. So to remain safe while trading you need to avoid some shitcoin called memecoin that are newly listed in the market you need not to trade although there is no assurance of it but most times there are possibility you could make it from them but the losing possibility is extremely higher than expected.

Even to get it you invest more money and you lose that money too. There is no such thing as knowledge in gambling. There is no learning process in gambling, it all depends on luck whether you win or not, but in trading, after learning if you do trading then definitely you can get a profit. Trading is also of two or three types. If you are doing futures trading then it will look like gambling, but if you do spot trading, it is different from gambling.

Investment in memecoin is very risky that was why it was classified as gambling and of course anyone who is investing in meme should do their proper research otherwise it would turns out to be gamble where you put money and it disappears just like that. As you said trading is very cool but if they don't have the right knowledge and the right coin to invest in you would feel is gambling because you are following the knowledge that relates with trading.

[Queentoshi]

Yes, everything can be a gamble when we only rely on luck. However, trading can be gambling if we only guess, and the assets we enter will disappear without a trace. However, real trading is buying an item, coin, or thing that has a function, or benefit, and the price can go up and down. Meanwhile, gambling is only risking the money we have with the aim of multiplying that money with the risk of losing the money completely.

On the surface of things, people reason that trading and gambling are similar, I do not argue because I agree on some similarities, but do not agree that these people reason only to stop there. You can not only consider the similarities and ignore the differences that still make gambling and trading different from each other. You do not trade on casinos, and the charts on trading platforms cannot be considered games. Trading is very demanding and so much of a serious thing that you may not find many people who are both serious traders and serious gamblers as well.

[stomachgrowls]

There are some limitations between both but if not carefully examined you would feels they are the same, though lot of people have this feeling that both are functioning same thing but when you are advanced in trading you will understand that both aren't the same but at the basic level we can say they are the same. Let me just hit direct to a little key there, you know for terms of altcoin especially memecoin we can say is gambling since their volatility level is high we can say is gambling but in case of some reputable coin such as bitcoin ethereum or BNB that are know it's not. So to remain safe while trading you need to avoid some shitcoin called memecoin that are newly listed in the market you need not to trade although there is no assurance of it but most times there are possibility you could make it from them but the losing possibility is extremely higher than expected.

Even to get it you invest more money and you lose that money too. There is no such thing as knowledge in gambling. There is no learning process in gambling, it all depends on luck whether you win or not, but in trading, after learning if you do trading then definitely you can get a profit. Trading is also of two or three types. If you are doing futures trading then it will look like gambling, but if you do spot trading, it is different from gambling.

Investment in memecoin is very risky that was why it was classified as gambling and of course anyone who is investing in meme should do their proper research otherwise it would turns out to be gamble where you put money and it disappears just like that. As you said trading is very cool but if they don't have the right knowledge and the right coin to invest in you would feel is gambling because you are following the knowledge that relates with trading.

When it comes to meme coin investment then it would really be something that you would really be needing up to consider the risks factor in correlated to this.You cant really just that make yourself having that kind of
positivity that you could really be that ending up on profitable with gambling. Trading is different thing although it might really be that look on being too risky but doesnt mean that you cant really be that able to make yourself making up dealing with it. On the time that you do gamble then it would really be just that right that you should really be that wary about that certain risks and wont really be that making yourself that being
too positive about making income with it. Gambling is really just that for pure entertainment nothingless. If you would really be trying out to make some comparison then you do really know on which one would be
having that able to spot them out easily.

Risks level would really be something that will be that could compare on but it would really be just that basing up on how someone would really be tending up to apply in between things on which there would really be
those individuals who would really be not minding about such manner. It would really be just that basing up on how you would really be dealing up something on with.

[Cryptmuster]

Investment in memecoin is very risky that was why it was classified as gambling and of course anyone who is investing in meme should do their proper research otherwise it would turns out to be gamble where you put money and it disappears just like that. As you said trading is very cool but if they don't have the right knowledge and the right coin to invest in you would feel is gambling because you are following the knowledge that relates with trading.

What kind of research can you do with memecoins? The vast majority of them have nothing but a token and possibly work with a market maker who can promote them with good listings, but after that, be sure that the price will go down and everyone who didn't manage to get out in time, or even worse, bought at highs, will be left with huge losses with no chance of getting back what they lost. I have never bought memecoins because I think it is possibly even worse than gambling, in my understanding of gambling (betting). In general, trading and gambling can be compared, but if you delve into this issue, there are also many differences.

[Adbitco]

Investment in memecoin is very risky that was why it was classified as gambling and of course anyone who is investing in meme should do their proper research otherwise it would turns out to be gamble where you put money and it disappears just like that. As you said trading is very cool but if they don't have the right knowledge and the right coin to invest in you would feel is gambling because you are following the knowledge that relates with trading.

What kind of research can you do with memecoins? The vast majority of them have nothing but a token and possibly work with a market maker who can promote them with good listings, but after that, be sure that the price will go down and everyone who didn't manage to get out in time, or even worse, bought at highs, will be left with huge losses with no chance of getting back what they lost. I have never bought memecoins because I think it is possibly even worse than gambling, in my understanding of gambling (betting). In general, trading and gambling can be compared, but if you delve into this issue, there are also many differences.

There are people who loves memecoin naturally because they felt that meme gives them instant profits from when they acquired it to listing phases, most people has made millions out of holding meme coin this now build the urge of people venturing into holding memecoin. But at times it goes the opposite knowing that it's not what they would invest with amount they can't afford to lose.

[Cookdata]

>well am no fan of Gambling, due to my experiences in the past, I decided I would quit gambling.
But just few months after I quit Gambling a friend of mine introduces Trading. I mean I was captivated. I really wanted to make money.
I wasn't really schooled in trading but i just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact  that I've lost a lot of money.
Please, am I wrong in looking at trading this way?.

You see exactly where I bolded, that is exactly what gives you the impression that you see trading as a gambling because it's not. Normal trading involves you buying a coin and wait to sell when it appreciate either in short term or long term which depend on trader and when you had loss, you can hold for as long as when you can recover your money but gambling, you will lose everything you ever put to risk if you don't get your prediction right.

Gambling is taking risk and trading is also taking a risk but gambling will take away your money quickly than trading. In trading, you can mitigate your loss but you don't have the power to do that, this is why gambling can't be compare to trading. The two are different but if you are the type that loves leverage trading, then that's another discussion entirely but you didn't specify, you generalized trading as gambling which is not.

[Lanatsa]

>well am no fan of Gambling, due to my experiences in the past, I decided I would quit gambling.
But just few months after I quit Gambling a friend of mine introduces Trading. I mean I was captivated. I really wanted to make money.
I wasn't really schooled in trading but i just followed what the others did , but along the line I've just realized that it is seemingly not different from gambling considering the fact  that I've lost a lot of money.
Please, am I wrong in looking at trading this way?.

You see exactly where I bolded, that is exactly what gives you the impression that you see trading as a gambling because it's not. Normal trading involves you buying a coin and wait to sell when it appreciate either in short term or long term which depend on trader and when you had loss, you can hold for as long as when you can recover your money but gambling, you will lose everything you ever put to risk if you don't get your prediction right.

Gambling is taking risk and trading is also taking a risk but gambling will take away your money quickly than trading. In trading, you can mitigate your loss but you don't have the power to do that, this is why gambling can't be compare to trading. The two are different but if you are the type that loves leverage trading, then that's another discussion entirely but you didn't specify, you generalized trading as gambling which is not.

When people do fixate themselves into something then they wouldnt really be tending to look in depth towards things on which they would really be that believing that they could still be that dealing up with gambling without even trying out to realize that trading is something that they could really be able to apply analysis into it. They wont really be able to realize if their perspective towards it will not chance but on the time that you would really be making up some realizations that its not something be considered as gambling then you would really be normally making out some changes of impressions on which it would really be leading up into different approach. Trading is risky but doesnt mean that you wouldnt really be able to apply any analysis into it on which it would really be causing up for the risks factor to be lessen.

On the time that you would really be that involving with trading then it wouldnt really be right that you would be having that kind of gambler like approach because on the moment that you would really be doing it
then it would really be that on high chance that you would really be having this kind of issues in terms of risks management. If you are really that treating it gambling in the first place then why you would
really be that doing trading? You should really be that playing gambling instead on this case because trading isnt something that needed to have those rush decisions as if you are really just that
simply guessing on where prices do really go on a specific period of time.

[AmoreJaz]

What kind of research can you do with memecoins? The vast majority of them have nothing but a token and possibly work with a market maker who can promote them with good listings, but after that, be sure that the price will go down and everyone who didn't manage to get out in time, or even worse, bought at highs, will be left with huge losses with no chance of getting back what they lost. I have never bought memecoins because I think it is possibly even worse than gambling, in my understanding of gambling (betting). In general, trading and gambling can be compared, but if you delve into this issue, there are also many differences.

There are people who loves memecoin naturally because they felt that meme gives them instant profits from when they acquired it to listing phases, most people has made millions out of holding meme coin this now build the urge of people venturing into holding memecoin. But at times it goes the opposite knowing that it's not what they would invest with amount they can't afford to lose.

You will be lucky if you happen to invest in meme coin or token which are gaining profits in the market. Most of them are having short lifespan as once the team dumped their holdings, they won"t go back anymore. Probably, create another project and siphon again the funds of those gullible users.

But there's nothing wrong in exploring your opportunities in meme projects, they actually can give you good and high profits if -
- you happen to have a cheap entry, and suddenly it pumps - better sell off as it won't last
- you are lucky to acquire some cheap tokens and later on, one of the top exchanges listed it just like SHIB

However, do take note that most are short-lived, it is best to discard them as soon as you get your profits as holding them long term will incur you losses because once their value declines, most of the time there's no recovery for that particular project.

[Adbitco]

Investment in memecoin is very risky that was why it was classified as gambling and of course anyone who is investing in meme should do their proper research otherwise it would turns out to be gamble where you put money and it disappears just like that. As you said trading is very cool but if they don't have the right knowledge and the right coin to invest in you would feel is gambling because you are following the knowledge that relates with trading.

What kind of research can you do with memecoins? The vast majority of them have nothing but a token and possibly work with a market maker who can promote them with good listings, but after that, be sure that the price will go down and everyone who didn't manage to get out in time, or even worse, bought at highs, will be left with huge losses with no chance of getting back what they lost. I have never bought memecoins because I think it is possibly even worse than gambling, in my understanding of gambling (betting). In general, trading and gambling can be compared, but if you delve into this issue, there are also many differences.

There are people who loves memecoin naturally because they felt that meme gives them instant profits from when they acquired it to listing phases, most people has made millions out of holding meme coin this now build the urge of people venturing into holding memecoin. But at times it goes the opposite knowing that it's not what they would invest with amount they can't afford to lose.

You will be lucky if you happen to invest in meme coin or token which are gaining profits in the market. Most of them are having short lifespan as once the team dumped their holdings, they won"t go back anymore. Probably, create another project and siphon again the funds of those gullible users.

This could be true because the rate at which some get dumped is so alarming which investors needs to be very careful and mindful. It's already the season to start trapping newbies invest who doesn't know how these new coins are being infiltrated into the market, what more it's very important to know the right time to bag up whatever volume they could feels like.

[laijsica]

Investment in memecoin is very risky that was why it was classified as gambling and of course anyone who is investing in meme should do their proper research otherwise it would turns out to be gamble where you put money and it disappears just like that. As you said trading is very cool but if they don't have the right knowledge and the right coin to invest in you would feel is gambling because you are following the knowledge that relates with trading.

What kind of research can you do with memecoins? The vast majority of them have nothing but a token and possibly work with a market maker who can promote them with good listings, but after that, be sure that the price will go down and everyone who didn't manage to get out in time, or even worse, bought at highs, will be left with huge losses with no chance of getting back what they lost. I have never bought memecoins because I think it is possibly even worse than gambling, in my understanding of gambling (betting). In general, trading and gambling can be compared, but if you delve into this issue, there are also many differences.

There are people who loves memecoin naturally because they felt that meme gives them instant profits from when they acquired it to listing phases, most people has made millions out of holding meme coin this now build the urge of people venturing into holding memecoin. But at times it goes the opposite knowing that it's not what they would invest with amount they can't afford to lose.

You will be lucky if you happen to invest in meme coin or token which are gaining profits in the market. Most of them are having short lifespan as once the team dumped their holdings, they won"t go back anymore. Probably, create another project and siphon again the funds of those gullible users.

This could be true because the rate at which some get dumped is so alarming which investors needs to be very careful and mindful. It's already the season to start trapping newbies invest who doesn't know how these new coins are being infiltrated into the market, what more it's very important to know the right time to bag up whatever volume they could feels like.

These may be mostly uncertain targets but following proper selection process may be fruitful for you though I am not sure. New coins are entering the market at various angles to attract investors which can be a confusing decision for new investors. According to me some criteria should be followed in investment so that it is easy to ensure proper utilization of invested capital and get profit.