I think it depends if you are just buying the coin without checking it or doing some research or background check,
Or if you are just new you could consider it as gambling .
Topic: Can trading be considered as gambling?? - page 19. (Read 21286 times)
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.
Please tell me what do you think.
yes trading could be considered as a form of gambling because theres also a risk but less likely to happen and if the value goes down/ dump you can still hold and wait for a possible high/pump and earn more profit unlike in gambling that if youl loose it you cant re gain it anymore unless you bet again. and yes there both based on luck but you can always use your skills and strategy.
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.
Please tell me what do you think.
yes trading could be considered as a form of gambling because theres also a risk but less likely to happen and if the value goes down/ dump you can still hold and wait for a possible high/pump and earn more profit unlike in gambling that if youl loose it you cant re gain it anymore unless you bet again. and yes there both based on luck but you can always use your skills and strategy.
I think that trade is not like gambling, because with the acquisition of experience and knowledge it is possible to consistently receive a good income unlike gambling which is based only on luck.
I agree they are different they cannot be considered the same, gambling is only base on luck which we don't know when we will make profit from it, unlike trading we can use our knowledge and analization we can make a good profit from it..Even in trading also there is no assurance that you will always make a profit because if you enter a market at the wrong time then you may need to wait for very long time to see the profits from your trade. Sometime new traders will book the loss and never come back to trading so you should be correct coin or share to invest at right time. In trading timing is very important to make a profit.
No it's not. You can't considered trading as gambling, it's not the same. You basically use your skills and knowledge in trading. You have the the ability to predict the price in the market. Gambling on the other hand is purely based on luck. You can't predict what will be the outcome when you gamble.
Sometimes i think trading and gambling there's no difference , as you only need to guessing something to get profit.Then where's exactly things make them different? It is required skills for both.
Luck required also no matter in trading or gambling , maybe only on how gambling has an edge but not with trading.
For me trading and gambling are always two different things.
Both are staking money, but the thing that makes them different is: in trading, we are risking our money as a genuine business, so trading is business. While in gambling, we are gambling our money on the game, which means gambling is a game.
I agree mate, we shouldn't compare this two types of investments. Because gambling really results in a short term and quick profit which eventually make you win but lose more money in an instance. While comparing it to trading, its totally different due to trading has an opportunity to have greater chances of gaining more profit of investing in long term holding of an altcoins that you are keeping in your wallet.
We can say that trading is a high class kind of gambling, but we can not assimilate trading to gambling.
Because there infinitely things that differ between the two as the influence of luck and the need an important background for traiding compared to gambling.
In fact, to play gambling you need nothing, otherwise trading is a science which is hard to learn.
Trading gives you a chance to succeed if you work hard, you are betting on the market movement and there is no house edge or big commission that you have to play like in gambling. Honestly, IMO the only way to profit in gambling is to invest in casino's bankroll but in trading you'll eventually grow and make money once you keep improving your skills, it's a long process that one has to improve over time. Because there infinitely things that differ between the two as the influence of luck and the need an important background for traiding compared to gambling.
In fact, to play gambling you need nothing, otherwise trading is a science which is hard to learn.
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.
Please tell me what do you think.
Different in nature, not prone into addiction. Those two are separate from each other but both involve risks of losing money or a thing. Personally, I think trading is better compared to gambling since you may provide your skills and abilities in exchange for payment. While gambling, for as long as you have the capital and money to bet, you know have bullets in the war. Lastly, trading is not a disease in the society compared to gambling where one can be addicted and affect their family and community.
I still consider trading as gambling given that in trading, we are still wagering a certain amount for an event with an uncertain outcome thus it will be considered as gambling. Maybe the difference is that in trading, there is an analysis involve beforehand then after that decide if the trader wanted to have a position of it while in gambling, there are games when you would just depend totally in luck if you will win or not. In trading there would be some speculation of where the price might go in the future while in gambling there are games that can be speculated and there are games where you don't need to speculate.
No it's not. You can't considered trading as gambling, it's not the same. You basically use your skills and knowledge in trading. You have the the ability to predict the price in the market. Gambling on the other hand is purely based on luck. You can't predict what will be the outcome when you gamble.
Sometimes i think trading and gambling there's no difference , as you only need to guessing something to get profit.Then where's exactly things make them different? It is required skills for both.
Luck required also no matter in trading or gambling , maybe only on how gambling has an edge but not with trading.
For me trading and gambling are always two different things.
Both are staking money, but the thing that makes them different is: in trading, we are risking our money as a genuine business, so trading is business. While in gambling, we are gambling our money on the game, which means gambling is a game.
No it's not. You can't considered trading as gambling, it's not the same. You basically use your skills and knowledge in trading. You have the the ability to predict the price in the market. Gambling on the other hand is purely based on luck. You can't predict what will be the outcome when you gamble.
Sometimes i think trading and gambling there's no difference , as you only need to guessing something to get profit.Then where's exactly things make them different? It is required skills for both.
Luck required also no matter in trading or gambling , maybe only on how gambling has an edge but not with trading.
We can say that trading is a high class kind of gambling, but we can not assimilate trading to gambling.
Because there infinitely things that differ between the two as the influence of luck and the need an important background for traiding compared to gambling.
In fact, to play gambling you need nothing, otherwise trading is a science which is hard to learn.
Because there infinitely things that differ between the two as the influence of luck and the need an important background for traiding compared to gambling.
In fact, to play gambling you need nothing, otherwise trading is a science which is hard to learn.
No it's not. You can't considered trading as gambling, it's not the same. You basically use your skills and knowledge in trading. You have the the ability to predict the price in the market. Gambling on the other hand is purely based on luck. You can't predict what will be the outcome when you gamble.
You are right, It's not the same. There is a big difference between gambling and trading, the most important thing is that gambling is mostly depend on luck rather than trading, which you can use your skills and exeperience about altcoins market to increase you chance of making profit. I see that Trading is more better than gambling, because in Trading you can use your mind and make analyisis and use your skills, in other hand gambling is depennds on luck and also if you win, it will be called that easy money.
No it's not. You can't considered trading as gambling, it's not the same. You basically use your skills and knowledge in trading. You have the the ability to predict the price in the market. Gambling on the other hand is purely based on luck. You can't predict what will be the outcome when you gamble.
I think that trade is not like gambling, because with the acquisition of experience and knowledge it is possible to consistently receive a good income unlike gambling which is based only on luck.
I agree they are different they cannot be considered the same, gambling is only base on luck which we don't know when we will make profit from it, unlike trading we can use our knowledge and analization we can make a good profit from it..
If you trade without analysis then your are like gambling hoping for lucky winnings and seek good profitable wins. Actually you can't consider trading as gambling because in gambling you usually lose but in trading profit is always higher and possibility is there always.
yes that is true in fact it varies from person to person. if a person do not have any experience and skill in trading and he do not use analysis, then surely we can consider trading as gambling. because in gambling we do not need for any experience and skill. most of the the we do not require any analysis in gambling therefore in such cases we can consider trading as gambling. I can consider trading as a gambling because the outcome is still unknown, tho we can be guided by news and historical data, it is still not enough to support a certainty of the outcome.
Even with analysis, this will be quite hard, there are billions of people and every people has their own decision in trading. I'm in trading for almost a year and using some mathematical, and economical basis but still I can say that I just got lucky. WE are lucky because this is the phase of the development age og crypto. If this is well developed enough and market is stable, it would be hard to trade with great return.
I think that trade is not like gambling, because with the acquisition of experience and knowledge it is possible to consistently receive a good income unlike gambling which is based only on luck.
I agree they are different they cannot be considered the same, gambling is only base on luck which we don't know when we will make profit from it, unlike trading we can use our knowledge and analization we can make a good profit from it..Trading and gambling actually nearly the same and differents:
- Same:
+ Risky : They're all using risky to earn profit and you can probaly lost everything
+ Big Profit: Profit of these 2 kind is very big or huge maybe , depend on your skills and talents.
+ Use your prediction : Predict is the most important thing .
- Different :
+ Time : Gambling is a quick which is short-term profit , when Trading is a long-term profit.
+ Way : Gambling is betting on the real event and trading is exchanging cryptos to make the profit.
- Same:
+ Risky : They're all using risky to earn profit and you can probaly lost everything
+ Big Profit: Profit of these 2 kind is very big or huge maybe , depend on your skills and talents.
+ Use your prediction : Predict is the most important thing .
- Different :
+ Time : Gambling is a quick which is short-term profit , when Trading is a long-term profit.
+ Way : Gambling is betting on the real event and trading is exchanging cryptos to make the profit.
Trading is not really a long term game because it depends on the trader. When we trade, there are always option to drag it short so we wont really need to wait for the long term. If we choose to do it short term then we can still get profit but perhaps it might be less than what we expect. Our expectation is to get alot of money from trading for sure
Trading and gambling actually nearly the same and differents:
- Same:
+ Risky : They're all using risky to earn profit and you can probaly lost everything
+ Big Profit: Profit of these 2 kind is very big or huge maybe , depend on your skills and talents.
+ Use your prediction : Predict is the most important thing .
- Different :
+ Time : Gambling is a quick which is short-term profit , when Trading is a long-term profit.
+ Way : Gambling is betting on the real event and trading is exchanging cryptos to make the profit.
- Same:
+ Risky : They're all using risky to earn profit and you can probaly lost everything
+ Big Profit: Profit of these 2 kind is very big or huge maybe , depend on your skills and talents.
+ Use your prediction : Predict is the most important thing .
- Different :
+ Time : Gambling is a quick which is short-term profit , when Trading is a long-term profit.
+ Way : Gambling is betting on the real event and trading is exchanging cryptos to make the profit.
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.
Trading was differ from gambling, they cannot be the same as well. Because trading can be considered as assets and investment type while gambling is not a kind of assets neither a king of business too. But they are both have risk involved Please tell me what do you think.
If you trade without analysis then your are like gambling hoping for lucky winnings and seek good profitable wins. Actually you can't consider trading as gambling because in gambling you usually lose but in trading profit is always higher and possibility is there always.
yes that is true in fact it varies from person to person. if a person do not have any experience and skill in trading and he do not use analysis, then surely we can consider trading as gambling. because in gambling we do not need for any experience and skill. most of the the we do not require any analysis in gambling therefore in such cases we can consider trading as gambling. I can consider trading as a gambling because the outcome is still unknown, tho we can be guided by news and historical data, it is still not enough to support a certainty of the outcome.
Even with analysis, this will be quite hard, there are billions of people and every people has their own decision in trading. I'm in trading for almost a year and using some mathematical, and economical basis but still I can say that I just got lucky. WE are lucky because this is the phase of the development age og crypto. If this is well developed enough and market is stable, it would be hard to trade with great return.
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