Can trading be considered as gambling?? - page 33.

pinkpanther03

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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.

This will depend in the perception of the gamblers. Of course for me trading is a serious matter, while gambling is a typical game of fun and relaxation in my part that I can be consider.

Ayers

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Quote from: mkmdoc on March 02, 2017, 03:36:18 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

--DarkSecrets--

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Quote from: mkmdoc on March 02, 2017, 03:36:18 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.

That is advantage for those who knows the difference and have skills to make profits particularly in trading .
Those who don't know and don't understand how it works thinks on gambling as a good investment to earn money which is not actually it is .Gambling when you lose there you can't earn it back unless you are lucky and you know how to handle your emotions over losses.

crwth

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Quote from: mkmdoc on March 02, 2017, 03:36:18 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.

Those people who understand it probably has strategies like the people who gamble. Knowing certain things would help you also to increase your chances in earning profits because it's not all the time that luck is within your side. Analysis can come a long way and would benefit you in the long run.

mkmdoc

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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.

abel1337

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Quote from: Big R94 on March 02, 2017, 01:53:08 AM

I think treading is also A gambling because gambling is about luck and also for fun and many other things.Bt there have some risk also.In tread is also about luck and obviously not for fun,it's about your life and you will take it seriously.Bt the connection is,in both side we don't know what will happen with us we are just trying to do our best and depend on our luck.

Trading for me isn't gambling at all, It has its own similarities like both are risking , and both of them are way of earning money. But seriously , Gambling is the most risky choice on both of trading and gambling. In trading if your coin falls or be dead for a time you can earn a small money if you want to convert your altcoin into bitcoin But we can say it you lose. In gambling you can earn high profit on a short period of time.

Jannn

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Quote from: Big R94 on March 02, 2017, 01:53:08 AM

I think treading is also A gambling because gambling is about luck and also for fun and many other things.

You have a point on that but trading is very different in gambling.
Trading is less risk than gambling.

Big R94

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I think trading is also A gambling because gambling is about luck and also for fun and many other things.But there have some risk also.In trade is also about luck and obviously not for fun,it's about your life and you will take it seriously.But the connection is,in both side we don't know what will happen with us we are just trying to do our best and depend on our luck.

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Quote from: Bitcoinsummoner on February 26, 2017, 02:12:18 PM

Quote from: bravehearth0319 on February 26, 2017, 02:04:47 PM

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 in some other community in this industry are the same as gambling. It maybe according to their understanding. Just important is gambling is for a game only were it gives joy and happiness when you play. But trading is a king of real business where your the captain of your own boat.

For me we can not consider trading as gambling since the purpose of gambling is to give entertainment and not for giving free money for people.. and gambling i s more high risk than trading.. you can make more profit in trading with less risk and you can predict what will be the price of bitcoin unlike in gambling only selected are base on skill base game and most of them are base on luck..

You are definitely right, it's better to think that gambling is for fun and trading is for serious way of making money and that cannot be interchange or done with the same purpose as it's safer that way despite considering both as risky activities.
Trading is the game for smart people who loves to predict the future and they bet on their prediction, what is good with trading is you will be able to get information that could be relevant as your basis in your decision making.

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Quote from: hurain on February 27, 2017, 03:29:34 PM

Quote from: daringdiscovered on February 27, 2017, 09:57:35 AM

Quote from: justdimin on February 27, 2017, 09:20:32 AM

Quote from: The_Dark_Knight on February 24, 2017, 02:55:03 PM

Quote from: Pab on February 17, 2017, 04:26:24 PM

If you trade altcoins than yes it is like kind o gambng,most of them are scams,hypes you nver know whan thay disapear,genrally trading is not gambling.trading is simply buy sell to get a profit.In gambling you have small chance to make profit

Trading altcoins that offer nothing new is risky since those coins don’t have a long term future at all, but investing in coins that offer new solution or a new way to do something offer a great opportunity to profit from them.

Yeah, trading especially in altcoins is nothing but risks since their price is not that stable and giving the fact that trading is also considered as gambling since both of them involve a lot of risk, but trading requires more skill and experience then gambling which is all about luck.

Both of them have risks but in trading you can lessen it depending on your strategy and experience from it. You can earn profit from it as long as your analysis are correct. Recovering losses from trading is also easy than gambling. Luck is really needed in gambling whatever strategy and experience you have. I think to make gambling profitable is to have good discipline from it.

yes trading is less risky as compare to gambling. i think in gambling we have very little advantage of our experience and gambling and we are mostly depending on our luck therefore gambling is more risky as compare to trading. because in trading we can use our experience and skill.

that's the advantage mate since in trading you do have a lots o information that you can review and use for your trading
as there's always good analysis coming from the expert which you can rely and more time to be able to assess whether the timing is right
or if you need to look deeper before proceeding and place your entry.

hurain

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Quote from: daringdiscovered on February 27, 2017, 09:57:35 AM

Quote from: justdimin on February 27, 2017, 09:20:32 AM

Quote from: The_Dark_Knight on February 24, 2017, 02:55:03 PM

Quote from: Pab on February 17, 2017, 04:26:24 PM

If you trade altcoins than yes it is like kind o gambng,most of them are scams,hypes you nver know whan thay disapear,genrally trading is not gambling.trading is simply buy sell to get a profit.In gambling you have small chance to make profit

Trading altcoins that offer nothing new is risky since those coins don’t have a long term future at all, but investing in coins that offer new solution or a new way to do something offer a great opportunity to profit from them.

Yeah, trading especially in altcoins is nothing but risks since their price is not that stable and giving the fact that trading is also considered as gambling since both of them involve a lot of risk, but trading requires more skill and experience then gambling which is all about luck.

Both of them have risks but in trading you can lessen it depending on your strategy and experience from it. You can earn profit from it as long as your analysis are correct. Recovering losses from trading is also easy than gambling. Luck is really needed in gambling whatever strategy and experience you have. I think to make gambling profitable is to have good discipline from it.

yes trading is less risky as compare to gambling. i think in gambling we have very little advantage of our experience and gambling and we are mostly depending on our luck therefore gambling is more risky as compare to trading. because in trading we can use our experience and skill.

daringdiscovered

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Quote from: justdimin on February 27, 2017, 09:20:32 AM

Quote from: The_Dark_Knight on February 24, 2017, 02:55:03 PM

Quote from: Pab on February 17, 2017, 04:26:24 PM

If you trade altcoins than yes it is like kind o gambng,most of them are scams,hypes you nver know whan thay disapear,genrally trading is not gambling.trading is simply buy sell to get a profit.In gambling you have small chance to make profit

Trading altcoins that offer nothing new is risky since those coins don’t have a long term future at all, but investing in coins that offer new solution or a new way to do something offer a great opportunity to profit from them.

Yeah, trading especially in altcoins is nothing but risks since their price is not that stable and giving the fact that trading is also considered as gambling since both of them involve a lot of risk, but trading requires more skill and experience then gambling which is all about luck.

Both of them have risks but in trading you can lessen it depending on your strategy and experience from it. You can earn profit from it as long as your analysis are correct. Recovering losses from trading is also easy than gambling. Luck is really needed in gambling whatever strategy and experience you have. I think to make gambling profitable is to have good discipline from it.

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Quote from: The_Dark_Knight on February 24, 2017, 02:55:03 PM

Quote from: Pab on February 17, 2017, 04:26:24 PM

If you trade altcoins than yes it is like kind o gambng,most of them are scams,hypes you nver know whan thay disapear,genrally trading is not gambling.trading is simply buy sell to get a profit.In gambling you have small chance to make profit

Trading altcoins that offer nothing new is risky since those coins don’t have a long term future at all, but investing in coins that offer new solution or a new way to do something offer a great opportunity to profit from them.

Yeah, trading especially in altcoins is nothing but risks since their price is not that stable and giving the fact that trading is also considered as gambling since both of them involve a lot of risk, but trading is dealing with more skill and experience than gambling which is all about luck.

Some vague days on trading, I too feel there are no difference between gambling and trading. But with trading I am in profits side but I have quit gambling because I lost big there.

Bitcoinsummoner

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Quote from: bravehearth0319 on February 26, 2017, 02:04:47 PM

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 in some other community in this industry are the same as gambling. It maybe according to their understanding. Just important is gambling is for a game only were it gives joy and happiness when you play. But trading is a king of real business where your the captain of your own boat.

For me we can not consider trading as gambling since the purpose of gambling is to give entertainment and not for giving free money for people.. and gambling i s more high risk than trading.. you can make more profit in trading with less risk and you can predict what will be the price of bitcoin unlike in gambling only selected are base on skill base game and most of them are base on luck..

bravehearth0319

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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 in some other community in this industry are the same as gambling. It maybe according to their understanding. Just important is gambling is for a game only were it gives joy and happiness when you play. But trading is a king of real business where your the captain of your own boat.

The_Dark_Knight

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Quote from: J Gambler on February 24, 2017, 07:40:33 PM

Quote from: The_Dark_Knight on February 24, 2017, 02:55:03 PM

Quote from: Pab on February 17, 2017, 04:26:24 PM

If you trade altcoins than yes it is like kind o gambng,most of them are scams,hypes you nver know whan thay disapear,genrally trading is not gambling.trading is simply buy sell to get a profit.In gambling you have small chance to make profit

Trading altcoins that offer nothing new is risky since those coins don’t have a long term future at all, but investing in coins that offer new solution or a new way to do something offer a great opportunity to profit form them.

Lol who will trade for altcoins that offers nothing if you saw already that altcoin is scam why you waste time and money for it? If you know that altcoin will give you profit in the future give it a try of most altcoin nowadays are just created to scam investors its better to had a group to know what coins you'll be buying for you guys be safe on your profit everyday.

Read the post before you make comment, I did not suggest to invest in coins that are obvious scam, in fact I was suggesting the opposite, invest in the few coins that show potential and that have a strong group of developers behind it.

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Quote from: lorylore on February 24, 2017, 10:53:14 PM

Quote from: The_Dark_Knight on February 24, 2017, 02:55:03 PM

Quote from: Pab on February 17, 2017, 04:26:24 PM

If you trade altcoins than yes it is like kind o gambng,most of them are scams,hypes you nver know whan thay disapear,genrally trading is not gambling.trading is simply buy sell to get a profit.In gambling you have small chance to make profit

Trading altcoins that offer nothing new is risky since those coins don’t have a long term future at all, but investing in coins that offer new solution or a new way to do something offer a great opportunity to profit form them.

The thing is that most coins does not really offer new things or solutions. Even if there is coin that offer new solution, it always end up going bad due to tons of factors. Like the developers does not give enough support for the projects, the over hyper up and cause the coin to be a pump and dump coin, the investors are not going in for the long run etc. Thousand of coins have surfaces and only a few success. But even so, they are still not growing much.

Smart investors and traders knows about that reality, that is why most of us does not fully trust investing in altcoins for longer term. In my case, I just invest longer with bitcoin while take the opportunity to earn money in altcoin investment in short term, if you know the right timing of the pump and dump, you can consistently make money in altcoin by fully monitoring how the price move in a regular basis.

lorylore

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Quote from: The_Dark_Knight on February 24, 2017, 02:55:03 PM

Quote from: Pab on February 17, 2017, 04:26:24 PM

If you trade altcoins than yes it is like kind o gambng,most of them are scams,hypes you nver know whan thay disapear,genrally trading is not gambling.trading is simply buy sell to get a profit.In gambling you have small chance to make profit

Trading altcoins that offer nothing new is risky since those coins don’t have a long term future at all, but investing in coins that offer new solution or a new way to do something offer a great opportunity to profit form them.

The thing is that most coins does not really offer new things or solutions. Even if there is coin that offer new solution, it always end up going bad due to tons of factors. Like the developers does not give enough support for the projects, the over hyper up and cause the coin to be a pump and dump coin, the investors are not going in for the long run etc. Thousand of coins have surfaces and only a few success. But even so, they are still not growing much.

Kolder

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Quote from: J Gambler on February 24, 2017, 07:40:33 PM

Quote from: The_Dark_Knight on February 24, 2017, 02:55:03 PM

Quote from: Pab on February 17, 2017, 04:26:24 PM

If you trade altcoins than yes it is like kind o gambng,most of them are scams,hypes you nver know whan thay disapear,genrally trading is not gambling.trading is simply buy sell to get a profit.In gambling you have small chance to make profit

Trading altcoins that offer nothing new is risky since those coins don’t have a long term future at all, but investing in coins that offer new solution or a new way to do something offer a great opportunity to profit form them.

Lol who will trade for altcoins that offers nothing if you saw already that altcoin is scam why you waste time and money for it? If you know that altcoin will give you profit in the future give it a try of most altcoin nowadays are just created to scam investors its better to had a group to know what coins you'll be buying for you guys be safe on your profit everyday.

this is true, I do transact sometimes in group in facebook and group of people here ,who seems really trusted so there is no doubt in doing transactions.

J Gambler

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Quote from: The_Dark_Knight on February 24, 2017, 02:55:03 PM

Quote from: Pab on February 17, 2017, 04:26:24 PM

If you trade altcoins than yes it is like kind o gambng,most of them are scams,hypes you nver know whan thay disapear,genrally trading is not gambling.trading is simply buy sell to get a profit.In gambling you have small chance to make profit

Trading altcoins that offer nothing new is risky since those coins don’t have a long term future at all, but investing in coins that offer new solution or a new way to do something offer a great opportunity to profit form them.

Lol who will trade for altcoins that offers nothing if you saw already that altcoin is scam why you waste time and money for it? If you know that altcoin will give you profit in the future give it a try of most altcoin nowadays are just created to scam investors its better to had a group to know what coins you'll be buying for you guys be safe on your profit everyday.

Topic: Can trading be considered as gambling?? - page 33. (Read 21286 times)