Can trading be considered as gambling?? - page 16.

milewilda

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Quote from: Betwrong on October 18, 2017, 05:08:33 AM

Quote from: bitcoinmasterlord on October 16, 2017, 11:58:16 PM

Quote from: szpalata on October 16, 2017, 03:15:40 PM

Quote from: noormcs5 on October 16, 2017, 01:19:09 PM

Quote from: manyu22 on October 15, 2017, 10:48:51 AM

if the gamble gets the money does not work hard, he just looking for self gain and if the trade we get the money with extraordinary sacrifices and also spend the money to buy goods that will be resold to get a profit even though it is a bit

According your points then trading can't be consider as gambling. But you said right, because in gambling usually we win money without earn and hard working but in trading we spend a lot of time to search buy the coins or goods and most of the time we need time to earn profit. But sacrifices we do in both trading and gambling, it is just like risk is here in both.

Since its a gamble to trade because you obviously don't know the outcome whether the prices will go up or down but if you still go ahead and trade it means that you've gambled your funds because it could go either way and this makes trading gambling.

Nope mates in gambling once we bet our money there is no guarantee that we can win our bet and our money will come back. But in trading, we can believe that we will get back our amount, and it is possible also, but we have to wait for some time that's it. It is a one type of investment, not gambling.

But waiting is not a recipe for good trading in many cases. Some coins go only down from the very beginning so maybe it's better to sell them the sooner the better to minimize your losses.

That's why I think that trading is a lot like gambling in some aspects so one have to be very cautious doing it because there's no guarantee you will have some profit in the long run. In fact you can lose more from waiting more.

There are situations that i did experience on where i did not sell out a particular coin on pump state which i do believe that it would go further more which i do make use of my patience and situations are not really expected where the price had died after that pump and missed that good profits on those times if i did able to sell those coins but yet i did let my greed controls me on those times.

BlackPanda

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Quote from: miningguru on October 18, 2017, 05:18:03 AM

Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.

Yes trading has more certainty than gambling. when we can analyze well in trading then we can produce something profitable.
this is very different from gambling game because when we do anything but the result is very affected to the luck.
I prefer trading because it has an absolute thing while gambling is a very risky thing.

miningguru

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Yes, Trading is one type of gambling but when compared to gambling it has low risk. In trading, some time prediction work and we can make some good amount of money but in gambling, the prediction will not work always.

Betwrong

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Quote from: bitcoinmasterlord on October 16, 2017, 11:58:16 PM

Quote from: szpalata on October 16, 2017, 03:15:40 PM

Quote from: noormcs5 on October 16, 2017, 01:19:09 PM

Quote from: manyu22 on October 15, 2017, 10:48:51 AM

if the gamble gets the money does not work hard, he just looking for self gain and if the trade we get the money with extraordinary sacrifices and also spend the money to buy goods that will be resold to get a profit even though it is a bit

According your points then trading can't be consider as gambling. But you said right, because in gambling usually we win money without earn and hard working but in trading we spend a lot of time to search buy the coins or goods and most of the time we need time to earn profit. But sacrifices we do in both trading and gambling, it is just like risk is here in both.

Since its a gamble to trade because you obviously don't know the outcome whether the prices will go up or down but if you still go ahead and trade it means that you've gambled your funds because it could go either way and this makes trading gambling.

Nope mates in gambling once we bet our money there is no guarantee that we can win our bet and our money will come back. But in trading, we can believe that we will get back our amount, and it is possible also, but we have to wait for some time that's it. It is a one type of investment, not gambling.

But waiting is not a recipe for good trading in many cases. Some coins go only down from the very beginning so maybe it's better to sell them the sooner the better to minimize your losses.

That's why I think that trading is a lot like gambling in some aspects so one have to be very cautious doing it because there's no guarantee you will have some profit in the long run. In fact you can lose more from waiting more.

aishyoo17

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Quote from: crzy on October 17, 2017, 11:47:54 PM

Quote from: crwth on October 17, 2017, 09:27:07 PM

Quote from: wuvdoll on October 17, 2017, 01:21:06 AM

Quote from: gabmen on October 16, 2017, 02:21:07 AM

Quote from: betMaster on October 15, 2017, 01:29:43 PM

Trading and gambling are two different things in my opinion , one need a lot of knowledge and commitment and the other just needs a bit of luck and a casino that accepts bitcoin . Yet i think that trading skills can be exploited in gambling to maybe enhance the strategy followed by the gambler or even make him a bit more thoughtful to the bets he'll be placing in one way or another . They both share the risk factor , but i'd say knowledge beats luck any day .

Lets think about it like this, gambling isn't trading for sure but trading in a way, since you don't exactly the final result, would be a bit of a gamble. But there are aspects you can try to come up with a better result of course like being prepared and doing reaearch and studies. So its not blind gambling

They are both prediction game and if we look at what gambling really means, it means taking risky action in the hope of a desired result.

The difference here is that in trading, with some skills, you can minimize losses which makes the risk far lesser than real gambling and if you are good, you can make more profits a lot than normal gambling which is just a game of luck and you just have to rely on the fact that you have no idea of what the next roll would be.

If you just want a quick and easy profit then you should just go with gambling, but with trading, you need to be patient and know what you're going to buy and be active in participating in exchanges because you will never know what the possible outcomes of the prices.

A lot of people say trading is also gambling but for me it's really not because in trading you have your plan not only for that day but for the trend of your holdings, and in trading you are doing this because you have your goal that needs to achieve.

Agree trading is not a gambling because if you trade you know what you are going into and you already have an idea if you will lose or not the risk is still there though just like gambling but its minimal.

daringdiscovered

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Quote from: IAMYOURLEADER on October 17, 2017, 01:20:57 AM

I believe it is. The risks in trading is not as high as gambling but if you made just one wrong analysis then you could lose all of your coins. The risks in trading can only be lessen if you are not following hypes or trends and doing your own research instead. Just study thoroughly the coins and you'll get tons of profit in the future.

I agree, everything that we are doing have risks, it depends on us on how we are going to manage it even if we already some of our money on it. Let's get back to Trading though, Trading is very good way on how you could earn bitcoin by just buying coins( be careful though) that you are going to Trade, you know, buy low and sell high, this is the most common way on how to earn profits in Trading in the long run, unlike gambling which is so risky to the point that you wanted to die after losing a big amount in just one snap.

crzy

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Quote from: crwth on October 17, 2017, 09:27:07 PM

Quote from: wuvdoll on October 17, 2017, 01:21:06 AM

Quote from: gabmen on October 16, 2017, 02:21:07 AM

Quote from: betMaster on October 15, 2017, 01:29:43 PM

Trading and gambling are two different things in my opinion , one need a lot of knowledge and commitment and the other just needs a bit of luck and a casino that accepts bitcoin . Yet i think that trading skills can be exploited in gambling to maybe enhance the strategy followed by the gambler or even make him a bit more thoughtful to the bets he'll be placing in one way or another . They both share the risk factor , but i'd say knowledge beats luck any day .

Lets think about it like this, gambling isn't trading for sure but trading in a way, since you don't exactly the final result, would be a bit of a gamble. But there are aspects you can try to come up with a better result of course like being prepared and doing reaearch and studies. So its not blind gambling

They are both prediction game and if we look at what gambling really means, it means taking risky action in the hope of a desired result.

The difference here is that in trading, with some skills, you can minimize losses which makes the risk far lesser than real gambling and if you are good, you can make more profits a lot than normal gambling which is just a game of luck and you just have to rely on the fact that you have no idea of what the next roll would be.

If you just want a quick and easy profit then you should just go with gambling, but with trading, you need to be patient and know what you're going to buy and be active in participating in exchanges because you will never know what the possible outcomes of the prices.

A lot of people say trading is also gambling but for me it's really not because in trading you have your plan not only for that day but for the trend of your holdings, and in trading you are doing this because you have your goal that needs to achieve.

cryptoknightt

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Quote from: DrGuns4Hands on October 17, 2017, 11:06:30 PM

Quote from: IAMYOURLEADER on October 17, 2017, 01:20:57 AM

I believe it is. The risks in trading is not as high as gambling but if you made just one wrong analysis then you could lose all of your coins. The risks in trading can only be lessen if you are not following hypes or trends and doing your own research instead. Just study thoroughly the coins and you'll get tons of profit in the future.

nope trading cannot be considered as a gambling because it's not a game and you're not gambling when you're trading. all you do in trading is investing and getting profit. the only thing that trading and gambling can be the same was the risking of money to make more money. but in trading all you do is buy on alow price and sell it on high price. so it's not be considered as gambling.

trading could be considered as gambling, it all depends on how people playing. trading requires research, while it's not easy. so it is quite possible people play trading just like gambling, only sure with the coin and guess that the good coins can go rise, without analysis.

DrGuns4Hands

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Quote from: IAMYOURLEADER on October 17, 2017, 01:20:57 AM

I believe it is. The risks in trading is not as high as gambling but if you made just one wrong analysis then you could lose all of your coins. The risks in trading can only be lessen if you are not following hypes or trends and doing your own research instead. Just study thoroughly the coins and you'll get tons of profit in the future.

nope trading cannot be considered as a gambling because it's not a game and you're not gambling when you're trading. all you do in trading is investing and getting profit. the only thing that trading and gambling can be the same was the risking of money to make more money. but in trading all you do is buy on alow price and sell it on high price. so it's not be considered as gambling.

Japinat

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Quote from: IAMYOURLEADER on October 17, 2017, 01:20:57 AM

I believe it is. The risks in trading is not as high as gambling but if you made just one wrong analysis then you could lose all of your coins. The risks in trading can only be lessen if you are not following hypes or trends and doing your own research instead. Just study thoroughly the coins and you'll get tons of profit in the future.

You'll be able to understand a lot when you are trading in a longer period of time and that will help you to be profitable, however in gambling your experience does not mean it would help you as when you are weak you can make mistakes over and over. I have tried both trading and gambling but I have a good journey in trading when it comes on making money so I would choose it over gambling although they all have the same risks.

lienfaye

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Quote from: IAMYOURLEADER on October 17, 2017, 01:20:57 AM

I believe it is. The risks in trading is not as high as gambling but if you made just one wrong analysis then you could lose all of your coins. The risks in trading can only be lessen if you are not following hypes or trends and doing your own research instead. Just study thoroughly the coins and you'll get tons of profit in the future.

I agree, it has similarities because of the risk involved however trading is less risky compared to gambling. In trading you need skills and you can posses it if you have the initiative to learn how things work.

In gambling, its more on luck even you are skillful or has a good strategy it cant help you thats why many are losing their money when they gamble.

crwth

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Quote from: wuvdoll on October 17, 2017, 01:21:06 AM

Quote from: gabmen on October 16, 2017, 02:21:07 AM

Quote from: betMaster on October 15, 2017, 01:29:43 PM

Trading and gambling are two different things in my opinion , one need a lot of knowledge and commitment and the other just needs a bit of luck and a casino that accepts bitcoin . Yet i think that trading skills can be exploited in gambling to maybe enhance the strategy followed by the gambler or even make him a bit more thoughtful to the bets he'll be placing in one way or another . They both share the risk factor , but i'd say knowledge beats luck any day .

Lets think about it like this, gambling isn't trading for sure but trading in a way, since you don't exactly the final result, would be a bit of a gamble. But there are aspects you can try to come up with a better result of course like being prepared and doing reaearch and studies. So its not blind gambling

They are both prediction game and if we look at what gambling really means, it means taking risky action in the hope of a desired result.

The difference here is that in trading, with some skills, you can minimize losses which makes the risk far lesser than real gambling and if you are good, you can make more profits a lot than normal gambling which is just a game of luck and you just have to rely on the fact that you have no idea of what the next roll would be.

If you just want a quick and easy profit then you should just go with gambling, but with trading, you need to be patient and know what you're going to buy and be active in participating in exchanges because you will never know what the possible outcomes of the prices.

wuvdoll

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Quote from: gabmen on October 16, 2017, 02:21:07 AM

Quote from: betMaster on October 15, 2017, 01:29:43 PM

Trading and gambling are two different things in my opinion , one need a lot of knowledge and commitment and the other just needs a bit of luck and a casino that accepts bitcoin . Yet i think that trading skills can be exploited in gambling to maybe enhance the strategy followed by the gambler or even make him a bit more thoughtful to the bets he'll be placing in one way or another . They both share the risk factor , but i'd say knowledge beats luck any day .

Lets think about it like this, gambling isn't trading for sure but trading in a way, since you don't exactly the final result, would be a bit of a gamble. But there are aspects you can try to come up with a better result of course like being prepared and doing reaearch and studies. So its not blind gambling

They are both prediction game and if we look at what gambling really means, it means taking risky action in the hope of a desired result.

The difference here is that in trading, with some skills, you can minimize losses which makes the risk far lesser than real gambling and if you are good, you can make more profits a lot than normal gambling which is just a game of luck and you just have to rely on the fact that you have no idea of what the next roll would be.

IAMYOURLEADER

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I believe it is. The risks in trading is not as high as gambling but if you made just one wrong analysis then you could lose all of your coins. The risks in trading can only be lessen if you are not following hypes or trends and doing your own research instead. Just study thoroughly the coins and you'll get tons of profit in the future.

daringdiscovered

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Quote from: szpalata on October 16, 2017, 03:15:40 PM

Quote from: noormcs5 on October 16, 2017, 01:19:09 PM

Quote from: manyu22 on October 15, 2017, 10:48:51 AM

if the gamble gets the money does not work hard, he just looking for self gain and if the trade we get the money with extraordinary sacrifices and also spend the money to buy goods that will be resold to get a profit even though it is a bit

According your points then trading can't be consider as gambling. But you said right, because in gambling usually we win money without earn and hard working but in trading we spend a lot of time to search buy the coins or goods and most of the time we need time to earn profit. But sacrifices we do in both trading and gambling, it is just like risk is here in both.

Since its a gamble to trade because you obviously don't know the outcome whether the prices will go up or down but if you still go ahead and trade it means that you've gambled your funds because it could go either way and this makes trading gambling.

Correct, all what we are doing in our everyday lives are gamble, we are taking the risk to know that is going to be the result, and sometimes, we are having the worst result that we are not expecting. But Trading is more better than gambling, I know that there are risks in Trading but not bigger like in gambling, you could earn profits in Trading in the long run, a big profits if you are going to patiently wait to sell your coins.

bitcoinmasterlord

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Quote from: szpalata on October 16, 2017, 03:15:40 PM

Quote from: noormcs5 on October 16, 2017, 01:19:09 PM

Quote from: manyu22 on October 15, 2017, 10:48:51 AM

if the gamble gets the money does not work hard, he just looking for self gain and if the trade we get the money with extraordinary sacrifices and also spend the money to buy goods that will be resold to get a profit even though it is a bit

According your points then trading can't be consider as gambling. But you said right, because in gambling usually we win money without earn and hard working but in trading we spend a lot of time to search buy the coins or goods and most of the time we need time to earn profit. But sacrifices we do in both trading and gambling, it is just like risk is here in both.

Since its a gamble to trade because you obviously don't know the outcome whether the prices will go up or down but if you still go ahead and trade it means that you've gambled your funds because it could go either way and this makes trading gambling.

Nope mates in gambling once we bet our money there is no guarantee that we can win our bet and our money will come back. But in trading, we can believe that we will get back our amount, and it is possible also, but we have to wait for some time that's it. It is a one type of investment, not gambling.

Finestream

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Quote from: GoodLuck2 on October 16, 2017, 02:18:48 PM

Quote from: gabmen on October 16, 2017, 02:21:07 AM

Quote from: betMaster on October 15, 2017, 01:29:43 PM

Trading and gambling are two different things in my opinion , one need a lot of knowledge and commitment and the other just needs a bit of luck and a casino that accepts bitcoin . Yet i think that trading skills can be exploited in gambling to maybe enhance the strategy followed by the gambler or even make him a bit more thoughtful to the bets he'll be placing in one way or another . They both share the risk factor , but i'd say knowledge beats luck any day .

Lets think about it like this, gambling isn't trading for sure but trading in a way, since you don't exactly the final result, would be a bit of a gamble. But there are aspects you can try to come up with a better result of course like being prepared and doing reaearch and studies. So its not blind gambling

There is a little effect of gambling in trading as you don’t have to do any physical work and you are just waiting for the time and better strategies. But it is not gambling properly. Trading requires you to be concerned with it and you have to make plans. Plus your skills matter more than your luck. Better is trading than gambling.

Trading is good if you are serious on it because in the long run you will surely gonna improve if you put your passion to it, there is a risk that's why it's like you are gambling but you can minimize the risk once you are consistent with your prediction. No one knows the future therefore it's a challenging way of making money and with your love on what you are doing you will easily improve and maybe master your job.

MinerHQ

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Quote from: szpalata on October 16, 2017, 03:15:40 PM

Quote from: noormcs5 on October 16, 2017, 01:19:09 PM

Quote from: manyu22 on October 15, 2017, 10:48:51 AM

if the gamble gets the money does not work hard, he just looking for self gain and if the trade we get the money with extraordinary sacrifices and also spend the money to buy goods that will be resold to get a profit even though it is a bit

According your points then trading can't be consider as gambling. But you said right, because in gambling usually we win money without earn and hard working but in trading we spend a lot of time to search buy the coins or goods and most of the time we need time to earn profit. But sacrifices we do in both trading and gambling, it is just like risk is here in both.

Since its a gamble to trade because you obviously don't know the outcome whether the prices will go up or down but if you still go ahead and trade it means that you've gambled your funds because it could go either way and this makes trading gambling.

Gambling is nothing but your playing those games for enjoyment purpose but trading people will do it for earning money so both intentions are different. Yes, even though prices can move in both directions but if you choose a good coin and can wait for prices to go up then you can mostly make good profits from trading. In gambling most of the times you will lose and only sometimes you may make a profit so I think trading is different from gambling.

szpalata

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Quote from: noormcs5 on October 16, 2017, 01:19:09 PM

Quote from: manyu22 on October 15, 2017, 10:48:51 AM

if the gamble gets the money does not work hard, he just looking for self gain and if the trade we get the money with extraordinary sacrifices and also spend the money to buy goods that will be resold to get a profit even though it is a bit

According your points then trading can't be consider as gambling. But you said right, because in gambling usually we win money without earn and hard working but in trading we spend a lot of time to search buy the coins or goods and most of the time we need time to earn profit. But sacrifices we do in both trading and gambling, it is just like risk is here in both.

Since its a gamble to trade because you obviously don't know the outcome whether the prices will go up or down but if you still go ahead and trade it means that you've gambled your funds because it could go either way and this makes trading gambling.

GoodLuck2

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Quote from: gabmen on October 16, 2017, 02:21:07 AM

Quote from: betMaster on October 15, 2017, 01:29:43 PM

Trading and gambling are two different things in my opinion , one need a lot of knowledge and commitment and the other just needs a bit of luck and a casino that accepts bitcoin . Yet i think that trading skills can be exploited in gambling to maybe enhance the strategy followed by the gambler or even make him a bit more thoughtful to the bets he'll be placing in one way or another . They both share the risk factor , but i'd say knowledge beats luck any day .

Lets think about it like this, gambling isn't trading for sure but trading in a way, since you don't exactly the final result, would be a bit of a gamble. But there are aspects you can try to come up with a better result of course like being prepared and doing reaearch and studies. So its not blind gambling

There is a little effect of gambling in trading as you don’t have to do any physical work and you are just waiting for the time and better strategies. But it is not gambling properly. Trading requires you to be concerned with it and you have to make plans. Plus your skills matter more than your luck. Better is trading than gambling.

Topic: Can trading be considered as gambling?? - page 16. (Read 21308 times)