Can trading be considered as gambling?? - page 20.

BlockEye

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Quote from: Cazkys on September 28, 2017, 03:24:43 PM

Well, trading and doing business is already a kind of gambling. Because you gamble your assets and wealth to gain profit without the certainty if your business will be a hit or not. There's something that I suddenly remember about a business man. Those words are “a good businessman are also a good
gambler” but to the sense that they are only good in betting in business and not in a game. But still they bet means they are still gamblers.

Risking our hard earned money in any investment or activities seems like a gambling already, trading it without knowledge whether that coin still have ability to rise is a risk already and can be considered as gambling.

Cazkys

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Well, trading and doing business is already a kind of gambling. Because you gamble your assets and wealth to gain profit without the certainty if your business will be a hit or not. There's something that I suddenly remember about a business man. Those words are “a good businessman are also a good
gambler” but to the sense that they are only good in betting in business and not in a game. But still they bet means they are still gamblers.

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Quote from: butcherboss on December 24, 2016, 04:01:56 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.

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

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In trading we make a bet on coin after analyzing market, reading the past performance and the project it is based upon which makes it a mixture of luck, strategy and analysis. While gambling is pure luck and is just an enjoying activity. But trading is a serious business.

Trading is to make some money while gambling is to lose some money. Generally speaking, this is what both purposes are although in reality you can lose money in trading as well as get some money in gambling. No one know the future that is why choose the best possible thing to make money if you want to make money

You have time, and you don't need any urgent money and ready to invest then trading is a good choice. It will not give you instant profit, but you can make a good profit in a long time. Patience is very important you can not control tension means don't enter this field you will face many losses. And gambling is also not suitable. Becasue both will give you same tension.

If someone needed the money that bad, then Trading is not the one for someone, because just like what you have said, Trading is all about patience, since the prices of the coins might take some time before it pumps, when that time comes, you could make the profits that you are expecting on it, but if you are not going to be patient about it, then you could only make small profits.

Trading does not give instant money like gambling can, in gambling you can start even with a small
amount of money and that what attracts gamblers because most of them has a big dream to be rich while using
only a little amount to gamble.

And if being too lucky that dream can come true, trading needs to put some skills and time ,while in gambling when we have a extra money and were feeling lucky then we can play it on anytime to enjoy time or to kill some time. It may considered only same in risk on not havinv assurance to earn or to lose some.

Being lucky can help you on gambling but luck is not enough "reason" to be considered as good trader.If trader doesnt have skill and strategy whole process will be a bit difficult and undesired. At the end the trading experience will result to lost all invested funds.. That's why you should have special money management options on different subjects.

Talking about on the money management options they do really differ since they are also on different fields too.Trading can really be considered as gambling if we don't really know on what we are doing and knowing trading it is not just a simple buy low sell high you would really need crucial thinking on this to make profitable trades. Gambling is just an another story since its mostly dependent on luck.

Well now i don't think we can come up with a definitive answer because the difference would depend on how a person perceive these two. You're all right that trading comes comes similar to gambling if you don't know what you're doing. The risks get considerably lower if you're experienced already and that's where the difference would show

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