Can trading be considered as gambling?? - page 10.

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: tabas on October 31, 2017, 01:34:32 PM

Quote from: joebrook on October 30, 2017, 05:55:26 PM

When it comes to currency trading, the traders buy the currency at a low price and then they hope that it will eventually rise so that they sell to make their profits, since they don't actually know that it's going to rise or not like they are taking a risk there and in my opinion that can be said to be gambling.

Yes there is a risk in trading because we have no assurance if the price will go up after buying a coin and that risk that be considered as gambling so trading can be considered as gambling.

Nope, in trading, we can predict the outcome and analyze the market so we can minimalize the lost, but in gambling, luck is number one, we cant predict the outcome, its unpredictable, its randomness and uncertainty.

crazycatwoman03

sr. member

Activity: 588

Merit: 250

Quote from: erpbridge on December 24, 2016, 06:20:54 PM

Obviously not. If trading was gambling, then all the wall street offices would shut down after being in loss, because no one will invest money into them if it is considered as trading. There is just risk, which is true for a lot of things in life. Its just not a pure gamble.

I agree with you, maybe gambling and trading has money involve but the result is different. Gambling result in the end is zero, unlike in trading that has sure profit. And if we become addicted in gambling we always want to play even we have no money, we always want to come back for chances of winning or back some lose money. And if we become addicted in trading the result is good, because if we stop from the failures/mistakes we did not reach our aim especially in bitcoin that gives huge profit to the trader.

fizzrikev

newbie

Activity: 15

Merit: 0

Yes trading can be considered as gambling in someway not all but somehow they're the same and some they're not. Gambling has the faster profit than trading but it's not for longtime. Just shorttime if you want to go for gambling.

tabas

hero member

Activity: 3024

Merit: 745

🌀 Cosmic Casino

Quote from: joebrook on October 30, 2017, 05:55:26 PM

When it comes to currency trading, the traders buy the currency at a low price and then they hope that it will eventually rise so that they sell to make their profits, since they don't actually know that it's going to rise or not like they are taking a risk there and in my opinion that can be said to be gambling.

Yes there is a risk in trading because we have no assurance if the price will go up after buying a coin and that risk that be considered as gambling so trading can be considered as gambling.

nelsledma

sr. member

Activity: 572

Merit: 250

Quote from: megynacuna on October 30, 2017, 07:06:30 AM

Quote from: quovadiz on October 30, 2017, 12:32:25 AM

Quote from: kodes88 on October 29, 2017, 05:57:55 PM

Quote from: MinerHQ on October 28, 2017, 12:28:30 AM

Quote from: supandi wiharja on October 27, 2017, 09:54:04 AM

I do not think trading can be considered a gamble, because i think trading should have many techniques such as when market conditions are negative, positive or stagnant market conditions and become boring for traders.
While gambling does have to have a way or tactic when Playing, but most gambling just takes a little bit of luck.

But if you don't have skills of trading or don't know how to get latest market news about your investments then it is also similar to gambling. Because people are investing just by thinking that prices may go high and that makes it similar to gambling. So if one wants to trade then better learn trading basics and always start with a small amount until you become experienced.

And unskilled trading is not a recommended thing. Unlike gambling which is depend on luck, trading is depend on skill so you must have skill to trading so your trading is not like gambling. Other people have the skills, you do not, you will be oppressed.

Yes its right that trading without experience and skill can be consider as gambling. In fact gambling do not require any experience as we totally depend there on our luck and specially in dice games where we even cannot use gambling skills but purely depend on our luck, If a person is lucky he will surely make good profit from gambling.

Yes it is gambling even with experience because you can easily loose out your trade just like in gambling. You risk to setup a trade and it can go either way and so trading is in every sense a gamble.

I think you are mixing up two different things. Trading have much risk factors but don’t you think you can easily make better progress by catering all the facts and figures. Plus if you are skillful then your experience can help you enough to settle things up. Like gambling, trading is not only based on luck and it is neither biased in house’s side. So in my opinion they both are much different.

oHnK

hero member

Activity: 1428

Merit: 574

Quote from: owengtam09 on October 31, 2017, 06:03:24 AM

In my opinion, I don't considered trading as gambling, they are different from each other even if they are both have money involve. In trading we need some knowledge and skills for us to earn profit. While in gambling, we just let our bet in that kind of what game it is and wait if we were going to win or not. We can't control what will be the result when we bet in gambling but in m trading there is a possibility that we can gain profit because of our good knowledge and skills about trading.

They are different but not really that different. In some area they are almost the same but some people dont notice it. In term of making money then trading is alot better than gambling but still alot of people choose gambling because it is much simpler. People will always choose something that is simple for them because they dont want to learn and do some hard work to get money

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: vv181 on October 31, 2017, 06:25:01 AM

Quote from: mirakal on October 31, 2017, 03:40:36 AM

Quote from: birra guzez on October 30, 2017, 06:08:32 PM

yes trading is definitely a sort of gambling since you are risking your money on something that can lose it's value and therefore you'll lose your money . Even tho trading needs lots of knowledge and proper practicing , it stills way safer than gambling because it doesn't only depend on luck .

They have the same risk because you need to risk your money to make money but what is good with trading is that you don't lose when you don't sell at a low price and considering the market in overall is profitable, it will reward those who are patient enough in holding their assets as eventually there are times the assets we bought will pump its price.

Well in my opinion gambling has a greater risk than trading, in gambling you rely on your luck, and luck is randomness, the only way we can gain profit from gambling is we must control our emotion and greed. in another hand, trading can help us to gain steady income because trading is more predictable than gambling.

Right. The risks aren't closely the same. Yes both have risks but you have more control over the outcome with trading compared to gambling. There are way more successful traders than succesful gamblers and that will show you the difference in risks

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: mirakal on October 31, 2017, 03:40:36 AM

Quote from: birra guzez on October 30, 2017, 06:08:32 PM

yes trading is definitely a sort of gambling since you are risking your money on something that can lose it's value and therefore you'll lose your money . Even tho trading needs lots of knowledge and proper practicing , it stills way safer than gambling because it doesn't only depend on luck .

They have the same risk because you need to risk your money to make money but what is good with trading is that you don't lose when you don't sell at a low price and considering the market in overall is profitable, it will reward those who are patient enough in holding their assets as eventually there are times the assets we bought will pump its price.

Well in my opinion gambling has a greater risk than trading, in gambling you rely on your luck, and luck is randomness, the only way we can gain profit from gambling is we must control our emotion and greed. in another hand, trading can help us to gain steady income because trading is more predictable than gambling.

owengtam09

full member

Activity: 1330

Merit: 248

In my opinion, I don't considered trading as gambling, they are different from each other even if they are both have money involve. In trading we need some knowledge and skills for us to earn profit. While in gambling, we just let our bet in that kind of what game it is and wait if we were going to win or not. We can't control what will be the result when we bet in gambling but in m trading there is a possibility that we can gain profit because of our good knowledge and skills about trading.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: birra guzez on October 30, 2017, 06:08:32 PM

yes trading is definitely a sort of gambling since you are risking your money on something that can lose it's value and therefore you'll lose your money . Even tho trading needs lots of knowledge and proper practicing , it stills way safer than gambling because it doesn't only depend on luck .

They have the same risk because you need to risk your money to make money but what is good with trading is that you don't lose when you don't sell at a low price and considering the market in overall is profitable, it will reward those who are patient enough in holding their assets as eventually there are times the assets we bought will pump its price.

ronafurw

full member

Activity: 420

Merit: 102

Quote from: Zabrielle on October 29, 2017, 01:06:59 AM

I kinda consider it as gambling. Especially if you are very new with trading all you depend is luck. But seriously trading is more on analysis. You if you are a little been doing trading then you have a better judgement comparing for those who very new. You when and not to trade.

Trading has little resemblance with trading but it does not mean they are same things. Gambling is a game that is totally dependent on your luck whereas trading has proper study. Trading is considered as a profession, you need to do a lot of research about crypto market and coins in order to be a good trader plus need significant experience for devising effective strategies. All this is not possible with gambling.

birra guzez

full member

Activity: 145

Merit: 100

yes trading is definitely a sort of gambling since you are risking your money on something that can lose it's value and therefore you'll lose your money . Even tho trading needs lots of knowledge and proper practicing , it stills way safer than gambling because it doesn't only depend on luck .

joebrook

sr. member

Activity: 644

Merit: 259

CryptoTalk.Org - Get Paid for every Post!

When it comes to currency trading, the traders buy the currency at a low price and then they hope that it will eventually rise so that they sell to make their profits, since they don't actually know that it's going to rise or not like they are taking a risk there and in my opinion that can be said to be gambling.

szpalata

sr. member

Activity: 686

Merit: 253

Quote from: el kaka22 on October 30, 2017, 02:06:46 PM

Quote from: pratik009 on October 27, 2017, 07:11:38 AM

No.there is major difference between the gambling and trading.beacause the gambling depends on 99%on luck and 1% on your skills but trading depends on skills more than luck.so in trading you need more knowledge and experience.And the major difference in gambling and trading that in gambling you loss your all money but in trading you loss only the difference between byuing and selling price.so trading is more profitable and less risky than the gambling.

Even the 1% on skills depend on some games that would require you to play with other parties and may be have the ability to call their bluff sometimes, except that any other type of gambling is 100% luck as far as I am concerned. No amount of skill can save you when the house edge wants to beat you to it. And sometimes you just have to pray the gaming machine dances to the tune of your luck.

Well that is completely different with sports betting where you can actually study the game and see the clear winner due to previous statistics about the teams or players involved and the current occurrences in their respective camps and even about the venue of the game. All these play a cruciakl part in helping you determine ther winner and most of these come true without a shade of luck.

el kaka22

legendary

Activity: 3710

Merit: 1170

www.Crypto.Games: Multiple coins, multiple games

Quote from: pratik009 on October 27, 2017, 07:11:38 AM

No.there is major difference between the gambling and trading.beacause the gambling depends on 99%on luck and 1% on your skills but trading depends on skills more than luck.so in trading you need more knowledge and experience.And the major difference in gambling and trading that in gambling you loss your all money but in trading you loss only the difference between byuing and selling price.so trading is more profitable and less risky than the gambling.

Even the 1% on skills depend on some games that would require you to play with other parties and may be have the ability to call their bluff sometimes, except that any other type of gambling is 100% luck as far as I am concerned. No amount of skill can save you when the house edge wants to beat you to it. And sometimes you just have to pray the gaming machine dances to the tune of your luck.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: megynacuna on October 30, 2017, 07:06:30 AM

Quote from: quovadiz on October 30, 2017, 12:32:25 AM

Quote from: kodes88 on October 29, 2017, 05:57:55 PM

Quote from: MinerHQ on October 28, 2017, 12:28:30 AM

Quote from: supandi wiharja on October 27, 2017, 09:54:04 AM

I do not think trading can be considered a gamble, because i think trading should have many techniques such as when market conditions are negative, positive or stagnant market conditions and become boring for traders.
While gambling does have to have a way or tactic when Playing, but most gambling just takes a little bit of luck.

But if you don't have skills of trading or don't know how to get latest market news about your investments then it is also similar to gambling. Because people are investing just by thinking that prices may go high and that makes it similar to gambling. So if one wants to trade then better learn trading basics and always start with a small amount until you become experienced.

And unskilled trading is not a recommended thing. Unlike gambling which is depend on luck, trading is depend on skill so you must have skill to trading so your trading is not like gambling. Other people have the skills, you do not, you will be oppressed.

Yes its right that trading without experience and skill can be consider as gambling. In fact gambling do not require any experience as we totally depend there on our luck and specially in dice games where we even cannot use gambling skills but purely depend on our luck, If a person is lucky he will surely make good profit from gambling.

Yes it is gambling even with experience because you can easily loose out your trade just like in gambling. You risk to setup a trade and it can go either way and so trading is in every sense a gamble.

if i don't have any clue in trading, then i thnk i only but bitcoin in random price and then i will only hold the bitcoin in my wallet because i know the price will be increase and i think it is the same like gambling. but if this is happen in altcoin, i think i don't want to buy the coin because i don't want my trading is like gambling.

Gintama214

sr. member

Activity: 462

Merit: 250

DONATION SENPAI PLEASE <3 <3

Quote from: butcherboss on December 24, 2016, 03:01:56 PM

I want to know what you guys think about this, I have stopped gambling but still trade so does this mean I am still gambling?? I don't trade on basis of luck I trade using my skills would it still be considered gambling??

Please tell me what do you think.

In my opinion trading is not gambling because you are trading it for a better price like, pump and dump. Gambling is more like when you are playing with your money like in casino or online gambling sites. Trading is more like wanting to earn or invest with your BTC. I do gamble but not in a daily basis, I only gamble for fun. Same as in trading i don't have luck in trading nor the skills in trading but I still do to learn more about trading.

megynacuna

sr. member

Activity: 756

Merit: 253

Quote from: quovadiz on October 30, 2017, 12:32:25 AM

Quote from: kodes88 on October 29, 2017, 05:57:55 PM

Quote from: MinerHQ on October 28, 2017, 12:28:30 AM

Quote from: supandi wiharja on October 27, 2017, 09:54:04 AM

I do not think trading can be considered a gamble, because i think trading should have many techniques such as when market conditions are negative, positive or stagnant market conditions and become boring for traders.
While gambling does have to have a way or tactic when Playing, but most gambling just takes a little bit of luck.

But if you don't have skills of trading or don't know how to get latest market news about your investments then it is also similar to gambling. Because people are investing just by thinking that prices may go high and that makes it similar to gambling. So if one wants to trade then better learn trading basics and always start with a small amount until you become experienced.

And unskilled trading is not a recommended thing. Unlike gambling which is depend on luck, trading is depend on skill so you must have skill to trading so your trading is not like gambling. Other people have the skills, you do not, you will be oppressed.

Yes its right that trading without experience and skill can be consider as gambling. In fact gambling do not require any experience as we totally depend there on our luck and specially in dice games where we even cannot use gambling skills but purely depend on our luck, If a person is lucky he will surely make good profit from gambling.

Yes it is gambling even with experience because you can easily loose out your trade just like in gambling. You risk to setup a trade and it can go either way and so trading is in every sense a gamble.

quovadiz

full member

Activity: 253

Merit: 100

Quote from: kodes88 on October 29, 2017, 05:57:55 PM

Quote from: MinerHQ on October 28, 2017, 12:28:30 AM

Quote from: supandi wiharja on October 27, 2017, 09:54:04 AM

I do not think trading can be considered a gamble, because i think trading should have many techniques such as when market conditions are negative, positive or stagnant market conditions and become boring for traders.
While gambling does have to have a way or tactic when Playing, but most gambling just takes a little bit of luck.

But if you don't have skills of trading or don't know how to get latest market news about your investments then it is also similar to gambling. Because people are investing just by thinking that prices may go high and that makes it similar to gambling. So if one wants to trade then better learn trading basics and always start with a small amount until you become experienced.

And unskilled trading is not a recommended thing. Unlike gambling which is depend on luck, trading is depend on skill so you must have skill to trading so your trading is not like gambling. Other people have the skills, you do not, you will be oppressed.

Yes its right that trading without experience and skill can be consider as gambling. In fact gambling do not require any experience as we totally depend there on our luck and specially in dice games where we even cannot use gambling skills but purely depend on our luck, If a person is lucky he will surely make good profit from gambling.

GregH37

legendary

Activity: 1302

Merit: 1037

Quote from: Kevin77 on October 28, 2017, 05:46:44 AM

Quote from: chris200x9 on October 26, 2017, 11:02:49 PM

Quote from: francesyrus on October 26, 2017, 04:26:44 PM

Quote from: butcherboss on December 24, 2016, 03:01:56 PM

I want to know what you guys think about this, I have stopped gambling but still trade so does this mean I am still gambling?? I don't trade on basis of luck I trade using my skills would it still be considered gambling??

Please tell me what do you think.

Yeah trading is also a gambling. I think anything that involves money and have risk is a gambling. When I first started trading, my friend told me that "Bro, trading is also a gambling but in a legal way".

If you invest your money without the knowledge of a coin or any other product then it is similar to gambling because you're just doing a guessing investment by thinking that product price will go up. But if you study the market and pick up a right coin or a product to invest then it is called a high-risk investment and it is not exactly gambling.

Better you just said, there is no solid difference line between gambling and trading because many people just say, they have more common things. Like in trading, you don’t know what is coming ahead and same is the case in gambling and many other reasons and urges. But one thing is undisputed, as you said, if you are well known about your coin and market, definitely this is not gambling.

It is not exactly like that. Trading and gambling are two different things. Gambling is a game while trading is a profession. Now some people will come with the dialogue that whole life is a game then it is a total different perceptive.

Trading is buying something at a low cost and selling it in a greater value to earn the profit and it all depends upon the manipulating skills of the trader while gamblers don’t have the opportunity of using skills.

Topic: Can trading be considered as gambling?? - page 10. (Read 21322 times)