Can trading be considered as gambling?? - page 32.

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Quote from: Harry Callahan on March 05, 2017, 04:11:37 PM

Quote from: Kimi80 on March 04, 2017, 05:45:44 PM

Life can be considered as gambling, every action will create reaction, you gamble when you try to predict that. Trading is hard thing, I don`t trade for example, that is too hard for me, all that coins, numbers, who will scam whom. I didn`t even try to trade, cause its more gambling then dices, at least on dices I know my position and against whom I play, with trading I feel like I`m in dark, and I need to pick some coin and to have luck to make profit, that is gambling.

How can you coin trading and scam in the same page. I hope you are not aware of it.Since you are not good with numbers it might not interest you but if you are good at it or if you are really interested then trading is the best way to make some spare money .What position you can know in a dice site. Ignorance is not a crime but you should learn what trading and if so you wont talk like this.

Actually, i also see many persons who said that trading is hard work, and they can't handle it. That's why they are not interesting on trading, But about gambling they have different opinion, because they think in gambling, it is easy to play. But in my thinking, only play wise gambling easy, but profit wise gambling is difficult than trading. We could make money from trading but in gambling sometime not.

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Quote from: Kimi80 on March 04, 2017, 05:45:44 PM

Life can be considered as gambling, every action will create reaction, you gamble when you try to predict that. Trading is hard thing, I don`t trade for example, that is too hard for me, all that coins, numbers, who will scam whom. I didn`t even try to trade, cause its more gambling then dices, at least on dices I know my position and against whom I play, with trading I feel like I`m in dark, and I need to pick some coin and to have luck to make profit, that is gambling.

How can you coin trading and scam in the same page. I hope you are not aware of it.Since you are not good with numbers it might not interest you but if you are good at it or if you are really interested then trading is the best way to make some spare money .What position you can know in a dice site. Ignorance is not a crime but you should learn what trading and if so you wont talk like this.

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Quote from: bitcoindusts on March 04, 2017, 05:57:50 PM

Quote from: Kimi80 on March 04, 2017, 05:45:44 PM

Life can be considered as gambling, every action will create reaction, you gamble when you try to predict that. Trading is hard thing, I don`t trade for example, that is too hard for me, all that coins, numbers, who will scam whom. I didn`t even try to trade, cause its more gambling then dices, at least on dices I know my position and against whom I play, with trading I feel like I`m in dark, and I need to pick some coin and to have luck to make profit, that is gambling.

That is if you cannot mitigate risk. This is the reason why life being a gamble is nullified due to the risk mitigator function. If you cannot nullify risk then it is called gambling. If you can remove the risk factor then it is not a gambling.

Tell me how you lowering the risk in life? There is always a risk, when you plan to ask a girl to get out she can say yes or no, million stupid examples how life can be gambling cause you invest yourself, your body, energy, time, money, and some times you pick prizes, sometimes others do, life is full of up`s and down`s like gambling is, cause you nullify risk! Think about it and you will see for yourself.

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Quote from: pinkpanther03 on March 04, 2017, 05:37:01 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.

People had their own understanding depending on the things that they wan to learn. Now regarding to your concern, in my side of opinion trading can never be a gambling type because it is a kind of rolling investment to grow your capital depending on your analysis on which coin you are going to trade.

But every decision you make in trading has its own risks because no matter how good you are and how big is your bankroll you will always need luck and that's what relate trading with gambling. Though trading is a bit better since there is no edge that acts against you.

I am myself a trader and overall I am in loss so it is pretty risky too as well though better than gambling. Because, in gambling there would be only least possibilities to stay secured whereas trading always gives chances to make profits. Trading cannot be gambling all the times.

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Quote from: raven7886 on March 05, 2017, 10:25:25 AM

Quote from: Nekutasa on March 04, 2017, 06:13:41 PM

I wouldn't consider it gambling because although it involves a lot of speculation, risk, etc, it involves knowledge which is something you do not have control of when gambling (specifically dice)

And trading is not as risky as gambling because sometimes time cures even the worst decisions in trading and that's one thing that never happens in gambling.

I mean like you buy a poor alt coin and it got badly dumped then maybe with time it can rise again while loosing in gambling once means that you have lost it and no chance to recover unless you risk more moolah !

if you disappointing and in lost condition in trading you might will express it by call it has no difference with gambling.
but when you are up in profit i doubt you can call it like that .
people are too greedy , i don't really think trading is a gambling , trading must be skillful when gambling not necessary.

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Quote from: Nekutasa on March 04, 2017, 06:13:41 PM

I wouldn't consider it gambling because although it involves a lot of speculation, risk, etc, it involves knowledge which is something you do not have control of when gambling (specifically dice)

And trading is not as risky as gambling because sometimes time cures even the worst decisions in trading and that's one thing that never happens in gambling.

I mean like you buy a poor alt coin and it got badly dumped then maybe with time it can rise again while loosing in gambling once means that you have lost it and no chance to recover unless you risk more moolah !

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Quote from: Viscore on March 05, 2017, 08:04:36 AM

Quote from: sunsilk on March 05, 2017, 07:29:01 AM

Quote from: Nekutasa on March 04, 2017, 06:13:41 PM

I wouldn't consider it gambling because although it involves a lot of speculation, risk, etc, it involves knowledge which is something you do not have control of when gambling (specifically dice)

Trading is very far from gambling. I know that many are misleading to this type of concept about comparing trading and gambling.

Trading requires money, skill, knowledge and strategy on it unlike in gambling what it always need most of the time is just money to gamble.

And most of the time in gambling you'll always need luck.

It all requires the same as what you stated but in gambling you do not have the advantage and you are playing with a house edge, in trading that is not present hence you have a better chance to be successful than in gambling. Because of that, when we realize we already consider gambling for fun while trading is purely a way to make money and the longer we do it, we have a chance to be successful which is opposite in gambling.

Well I find it also fun when it comes to trading and I can say that it depends on how a person sees both of it.

But let's always remember that these two are far from being the same and we are just thinking this is the same with also the risk we are taking from it.

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Quote from: sunsilk on March 05, 2017, 07:29:01 AM

Quote from: Nekutasa on March 04, 2017, 06:13:41 PM

I wouldn't consider it gambling because although it involves a lot of speculation, risk, etc, it involves knowledge which is something you do not have control of when gambling (specifically dice)

Trading is very far from gambling. I know that many are misleading to this type of concept about comparing trading and gambling.

Trading requires money, skill, knowledge and strategy on it unlike in gambling what it always need most of the time is just money to gamble.

And most of the time in gambling you'll always need luck.

It all requires the same as what you stated but in gambling you do not have the advantage and you are playing with a house edge, in trading that is not present hence you have a better chance to be successful than in gambling. Because of that, when we realize we already consider gambling for fun while trading is purely a way to make money and the longer we do it, we have a chance to be successful which is opposite in gambling.

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Quote from: Nekutasa on March 04, 2017, 06:13:41 PM

I wouldn't consider it gambling because although it involves a lot of speculation, risk, etc, it involves knowledge which is something you do not have control of when gambling (specifically dice)

Trading is very far from gambling. I know that many are misleading to this type of concept about comparing trading and gambling.

Trading requires money, skill, knowledge and strategy on it unlike in gambling what it always need most of the time is just money to gamble.

And most of the time in gambling you'll always need luck.

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Quote from: Ayers on March 02, 2017, 06:13:11 AM

Quote from: mkmdoc on March 02, 2017, 02:36:18 AM

People who understand the market will not think trading is gambling. Gambling is completely based on luck and very hard to predict, chances of winning the jackpot are also very less. But coming to trading, it is completely based on market and analysis of the market. If you loose, there are many chances where you can make with other cryptos.

tradigng is not completely based on TA it also based on luck, but maybe you are telling me that there are 100% winning ratio in trading, and this is not true you know, in trading you can say that instead of 50%/50% winning/losing, there is something like 60/40 or 70/30, if you are very very skilled

No friend that's the problem because people like you think that trading has risks and is kind of gambling.

Basically trading means like you buy bitcoins now and you sell them once the price gets higher. Now you only tell me what is the risk in that ? I mean yeah you might ave to wait like 2 months for the price to rise, in case it fall down but you would never end up loosing.

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Quote from: dunfida on March 05, 2017, 12:31:04 AM

Quote from: shulio on March 05, 2017, 12:20:50 AM

Quote from: Vaskiy on March 04, 2017, 08:43:40 PM

As said trading and gambling differ in various factors. One among them which make a greater difference is the investment requirement. With trading even big amount is required to make big money, but with gambling even a small earning gets you big profit if lucky.

It is not exactly right what you say, both has the chance of getting high profit even with low amount of fund. It depends on how you do it, some people are getting alot from trading while some rely on gambling therefore it is actually the same. In the end it is also luck based although some knowledge is useful in trading

They do have both similarities but i could say that trading is lot way better speaking on making money on longer runs that you cant get on gambling only.
Trading would be like gambling if you do trade without any idea on how to do it.

Yes they do not have similarities because trading is a matter of knowledge of the prediction of the currency waging against or pro the matter of the time in future rise or dump at the end of the day. So to be able to win you need to know the basic principle of trading which is buy low and sell high. Thats the principle of the trading industry.

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Quote from: shulio on March 05, 2017, 12:20:50 AM

Quote from: Vaskiy on March 04, 2017, 08:43:40 PM

As said trading and gambling differ in various factors. One among them which make a greater difference is the investment requirement. With trading even big amount is required to make big money, but with gambling even a small earning gets you big profit if lucky.

It is not exactly right what you say, both has the chance of getting high profit even with low amount of fund. It depends on how you do it, some people are getting alot from trading while some rely on gambling therefore it is actually the same. In the end it is also luck based although some knowledge is useful in trading

They do have both similarities but i could say that trading is lot way better speaking on making money on longer runs that you cant get on gambling only.
Trading would be like gambling if you do trade without any idea on how to do it.

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Quote from: Vaskiy on March 04, 2017, 08:43:40 PM

As said trading and gambling differ in various factors. One among them which make a greater difference is the investment requirement. With trading even big amount is required to make big money, but with gambling even a small earning gets you big profit if lucky.

It is not exactly right what you say, both has the chance of getting high profit even with low amount of fund. It depends on how you do it, some people are getting alot from trading while some rely on gambling therefore it is actually the same. In the end it is also luck based although some knowledge is useful in trading

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Quote from: FasTroy on March 04, 2017, 07:07:06 PM

Quote from: Nekutasa on March 04, 2017, 06:13:41 PM

I wouldn't consider it gambling because although it involves a lot of speculation, risk, etc, it involves knowledge which is something you do not have control of when gambling (specifically dice)

you are right, Gambling is another thing compared to trading.
Gambling is more risky than trading, Also we can talk about the luck here. but Trading is domain which you can learn it. We talk about skills here not luck. A good trader is a good working man, we can't say a good gambler is a good working man too.

As said trading and gambling differ in various factors. One among them which make a greater difference is the investment requirement. With trading even big amount is required to make big money, but with gambling even a small earning gets you big profit if lucky.

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Quote from: Nekutasa on March 04, 2017, 06:13:41 PM

I wouldn't consider it gambling because although it involves a lot of speculation, risk, etc, it involves knowledge which is something you do not have control of when gambling (specifically dice)

you are right, Gambling is another thing compared to trading.
Gambling is more risky than trading, Also we can talk about the luck here. but Trading is domain which you can learn it. We talk about skills here not luck. A good trader is a good working man, we can't say a good gambler is a good working man too.

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Quote from: Kimi80 on March 04, 2017, 05:45:44 PM

Life can be considered as gambling, every action will create reaction, you gamble when you try to predict that. Trading is hard thing, I don`t trade for example, that is too hard for me, all that coins, numbers, who will scam whom. I didn`t even try to trade, cause its more gambling then dices, at least on dices I know my position and against whom I play, with trading I feel like I`m in dark, and I need to pick some coin and to have luck to make profit, that is gambling.

That is if you cannot mitigate risk. This is the reason why life being a gamble is nullified due to the risk mitigator function. If you cannot nullify risk then it is called gambling. If you can remove the risk factor then it is not a gambling.

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I wouldn't consider it gambling because although it involves a lot of speculation, risk, etc, it involves knowledge which is something you do not have control of when gambling (specifically dice)

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Life can be considered as gambling, every action will create reaction, you gamble when you try to predict that. Trading is hard thing, I don`t trade for example, that is too hard for me, all that coins, numbers, who will scam whom. I didn`t even try to trade, cause its more gambling then dices, at least on dices I know my position and against whom I play, with trading I feel like I`m in dark, and I need to pick some coin and to have luck to make profit, that is gambling.

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Quote from: pinkpanther03 on March 04, 2017, 05:37:01 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.

People had their own understanding depending on the things that they wan to learn. Now regarding to your concern, in my side of opinion trading can never be a gambling type because it is a kind of rolling investment to grow your capital depending on your analysis on which coin you are going to trade.

Just because trading depends on the analyzation it can now be considered as gambling? How odd. There are gambling type that requires analysis too especially those strategy based games and specifically sports betting. So how can you call this gambling type? Not a gambling anymore because it needs analyzation? As long as there is money at risk, that is a gamble. Up to the person now how they will deal with that risk.

P.S You can edit your post instead of creating a new replies with the last post as you. And to take note of that, you replied the same quote.

Archived

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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.

People had their own understanding depending on the things that they wan to learn. Now regarding to your concern, in my side of opinion trading can never be a gambling type because it is a kind of rolling investment to grow your capital depending on your analysis on which coin you are going to trade.

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