Trading is like more like gambling if...

[Asuspawer09]

Would agree to the similaries there are for sure similarities, and both are risky. I would just put it to something like gambling is fifty fifty and trading is a little bit higher to that, but if you are going to make trading fifty fifty as well or even lower to that, then it is surely going to be gambling already. Maybe if you are doing something very risky like investing into meme tokens, investing into something that you dont really have any kind of idea, your just investing and expecting to win a huge amount of multiple your investment it was just something that is already similar to gambling, if you are doing leverage or futures trading for me, it is already consider as gambling.

For me if you only do spot trading and only do the safest way on investing in Bitcoin or cryptocurrency it is a much better approach and it wasn't even similar to gambling at all as long as you are lowering you risk doing the work and research in order to increase your chances to make a profit, unless your doing something that has a very low chance or high risk and high reward it was going to be consider as a gamble for sure.

[TheUltraElite]

The basic research that one needs to know is that bitcoin is always going to go up and altcoins are unless for long term.

Hence on every drop, set a target buying point and place buy orders under that target at multiple lower down levels. If it drops those will get executed. When the price rise again, place corresponding selling points and see those get executed, you will end up from 1x to 1.2-1.3x of your initial capital.

If you repeat this every few cycles, you will see your money grow. These is zero gambling in this. Forget about social media and all other shit just follow the numbers.

[Rubuchi]

To be frank trading is more dangerous than gambling as gambling deals with more precision like if you can get how the team plays their previous matches and if you are able to know this it would be that better for you to book them. But in trading, even though you do your analysis and also fundamental analysis you would see that the market circumstance would have to change everything there because news can actually influence the market to change direction even after doing those your analysis. This is the reason why most traders regularly lose money while trading because they can't predicts how the market overly function or reacts at the first place.

rather I see trading to be more of your analysis and the calculated risk and not leaned towards the angle of prediction I see predictions as a guesswork and a guesswork is like some thing you do without knowing the result but you just place your bet with hopefulness wishes only forgetting that trading is knowledge, it is all about the amount of knowledge and information you have. This is why I can agree with somebody when they say trading can be seen in the picture of gambling because once you rely on predictions alone during your trading, you are already gambling with your trade in that manner. An experienced trader won't do that, an experienced trader will check his chances by analyzing the trade through candlesticks or historical data, speculation and other factors thay influence the charts, make an informed decision based off that.

[dansus021]

The distinction between trading and gambling isn't the asset class; it’s the internal process of the person clicking the button. Like my last post trader can be a gambler when the trader using high leverage for trading and when they entering market blindly.

Knowledge in crypto isn't just about drawing lines on a chart (TA) or reading a tokenomics whitepaper (FA). True market literacy is combining that research with strict risk management and emotional control. If your research is bad, or if you lack the discipline to position-size properly, the market will treat you exactly like a casino slot machine.

[Wind_FURY]

~snip

But even if you, as a fellow PLEB, enter the market believing/thinking that you'll make money after "studying an investment", it's like you believe that you know what you're doing, BUT you actually DON'T KNOW.

We're mere PLEBS who will never win against those professional traders who have more capital than us, more skills than us, and who has an army of bots deployed against us.

I agree, but I believe that many of them were also, as you said, "mere PLEBS" and over time grew in wealth and experience. A good portion of the great investors who are now wealthy started small. Everything has a beginning; you will succeed, fail, learn from your mistakes, fail differently, and that's how you forge your path in trading/the market. Whether you will be successful or not will depend much more on your decisions and knowledge than on luck, like in gambling.

There are many ways to learn, and one sustainable way is to learn by making mistakes. When you are new to trading, you may have made many wrong decisions that have resulted in losses or not making much profit. What you learn in such trading situations will be an invaluable asset for your future trading.

People do not remember success for long, but if they make a big loss, that experience leaves a mark on them and they will always try to avoid repeating that mistake.

In the early stages of trading, I used to consider the price decline as the best period to buy. I made several losses by trading this way. But gradually I changed my strategy and am achieving success by applying the best strategy through market analysis.

Although that advice is practical, but are you actually qualified to give that advice? Are you actually a good trader? Or is that advice merely read from a book?

I know I might offend some people, but we're mere PLEBS who have VERY low probabilities of actually making enough money per month to actually support ourselves.

[Emitdama]

There are way too many people who let even AI run their trades these days. You are not going to get that much profit from this at all if you are not careful ,and most people are carless and then they lose money. This is what makes you lose money in the crypto trading world, being careless and childish. This is a real work, and there is real money involved, the ones who make money work harder than you and not just wing it.

I used to think the same way that those who work hard will succeed but since the dawn of AIs, it's not always true. With things like Claude, you can easily build a website that tracks prices or movements of certain pairs 24/7, which is not possible to do manually. Yes, indeed, we must not get completely dependent on AIs and let it run on its own because that is a recipe for disaster.

Trading without commitment is gambling, I'd say. Some people think they will just trade based on how they feel and be profitable and that might happen in the short term but definitely not going to work in the longer term. Trading is just like business, you must be ready to commit time and money into it before you can really dream of making any money out of it.

[obuoma]

Trading is so much different from gambling in so many ways such as in terms of the risk involved and the process. Just like every other business, trading has risk involved but the risk is not like the risk of gambling which requires 100% accuracy to win. In trading, you can be wrong and still make money like choosing the direction wrong and price go your way and before it reverses and prove you wrong, you close the trade in profits.

Apart from this, skill is more important in trading than luck. In other words, luck cannot take you far in trading, you must know the art of trading to succeed. On the contrary, you just need luck to succeed in gambling, just one lucky day and you are rich in gambling. This is the reason trading are taught in schools whereas gambling is not.

[ZAINmalik75]

The basic research that one needs to know is that bitcoin is always going to go up and altcoins are unless for long term.

Hence on every drop, set a target buying point and place buy orders under that target at multiple lower down levels. If it drops those will get executed. When the price rise again, place corresponding selling points and see those get executed, you will end up from 1x to 1.2-1.3x of your initial capital.

If you repeat this every few cycles, you will see your money grow. These is zero gambling in this. Forget about social media and all other shit just follow the numbers.

It's not a bad idea, but that is basically making investments and not trading, because if you are buying when the market is low, and waiting to sell when it goes high at a point where they can get reasonable returns. There is surely no doubt that investments, especially in Bitcoin, are not useless and mostly are profitable, but when it comes to trading, that is where most people lose money because they can't manage the risks involved and eventually lose all their money or a good chunk of it.

Investments require minimal knowledge and understanding of the market, which means that if you know the basics of the market and understand how you can buy and sell and when you should do it, you can start making investments, but when it comes to trading, you require extensive knowledge about the market and trading practices, you should have proper understanding of the risk-management techniques so that you can manage the risks involved, and you should also have a lot of patience and no greed.

[MRY]

Trading is so much different from gambling in so many ways such as in terms of the risk involved and the process. Just like every other business, trading has risk involved but the risk is not like the risk of gambling which requires 100% accuracy to win. In trading, you can be wrong and still make money like choosing the direction wrong and price go your way and before it reverses and prove you wrong, you close the trade in profits.

Apart from this, skill is more important in trading than luck. In other words, luck cannot take you far in trading, you must know the art of trading to succeed. On the contrary, you just need luck to succeed in gambling, just one lucky day and you are rich in gambling. This is the reason trading are taught in schools whereas gambling is not.

I totally concur that gambling or trading are two entirely different things. All it takes is a lot of luck to gamble but to trade it takes time and knowledge to learn. It is definitely not a short process that a learner is aware of. It is a relief that you have been able to realize the difference, as exercising your brain in all that you undertook is ever so much more preferable to having fate resolve itself which of the two you ought to have pursued.

[savetheFORUM]

If you enter the market thinking you'll make money easily and quickly, it's like thinking with the mind of a gambler.

There are ways to study an investment; we have access to the history of the companies or projects we intend to invest in; we don't depend on luck. Investing is completely different from gambling.

But even if you, as a fellow PLEB, enter the market believing/thinking that you'll make money after "studying an investment", it's like you believe that you know what you're doing, BUT you actually DON'T KNOW.

We're mere PLEBS who will never win against those professional traders who have more capital than us, more skills than us, and who has an army of bots deployed against us.

Yeah, agree. And one thing to remember is that strategy and knowledge are one aspect of trading. But another aspect is capital, manipulation and data. Some pro traders easily manipulate the market to a certain degree, causing bankruptcy to many small traders. Not just that, but some traders have access to advanced data, such as what price needs to be hit for liquidation, etc., which might be provided by the centralized exchanges.

So while knowledge, strategy and tools are important, it doesn't always result in success or, more specifically, profits. I know people who make good money in the traditional stock market but lose brutally in crypto trading, which is strange because the concepts and understanding are the same.

[yudi09]

Trading without commitment is gambling, I'd say. Some people think they will just trade based on how they feel and be profitable and that might happen in the short term but definitely not going to work in the longer term. Trading is just like business, you must be ready to commit time and money into it before you can really dream of making any money out of it.

The complexity of trading can be understood to mean that it requires mastering many aspects, with 80% of that knowledge serving as the foundation. Because of the complexity involved in analyzing all factors—such as the potential for price increases and decreases over a specific time period—trading bears a resemblance to gambling.
Business and trading are vastly different when viewed from the same perspective. They are worlds apart, even though the ultimate goal is to make a profit (money). The risk of loss is ever-present in trading.

[ASloveapg]

Trading is so much different from gambling in so many ways such as in terms of the risk involved and the process. Just like every other business, trading has risk involved but the risk is not like the risk of gambling which requires 100% accuracy to win. In trading, you can be wrong and still make money like choosing the direction wrong and price go your way and before it reverses and prove you wrong, you close the trade in profits.

Apart from this, skill is more important in trading than luck. In other words, luck cannot take you far in trading, you must know the art of trading to succeed. On the contrary, you just need luck to succeed in gambling, just one lucky day and you are rich in gambling. This is the reason trading are taught in schools whereas gambling is not.

I totally concur that gambling or trading are two entirely different things. All it takes is a lot of luck to gamble but to trade it takes time and knowledge to learn. It is definitely not a short process that a learner is aware of. It is a relief that you have been able to realize the difference, as exercising your brain in all that you undertook is ever so much more preferable to having fate resolve itself which of the two you ought to have pursued.

Gambling and trading are never the same, if we understand the subject correctly. The point is that gambling is a matter of luck, we all know this, but in the field of trading, when we trade without any knowledge or skill, then it also becomes based on luck, and then it becomes like gambling. But if we trade correctly, by using skills, then it does not depend on luck but on our skills, and it is never like gambling. So it is important to understand these things in detail, if we blindly consider trading as luck-based with the wrong mindset, then we will only have to face losses.