Can trading be considered as gambling?? - page 35.

blackhawkeye1912

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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.

Majority of the people now are the same in the definition of Trading and gambling, some say they are both the same and some are not. So in my side of comment Trading is full of excite actually, in fact when the motion is very aggressive and you have coins in that it feels good, then it needs sometime analysis in the trading platform, learn about bit business in trading for you to become more knowledgeable as a trader.

szpalata

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Yes trading is gambling because you're risking/gambling some investment for profits. That's how simple it is but the talk of trading not being a gamble(and that experts can always make profit) is just a mere scheme or hands on experience of the system by trying to minimize your loses in case any should occur or maximize your profits when things fall your way. You're actually risking your money and anything can happen.

olubams

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Although there is a thin line between the two but they are different and if one is not careful, you might be engaging in one thinking you are doing the other. For example an individual with no particular knowledge on trading then go ahead to invest in some coins simply because others are making money from such endeavour, is merely gambling and not the other way round of what he thought he is actually doing...

gabmen

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Quote from: choppork on February 21, 2017, 12:13:50 AM

All traders are gambling their money so they can make profit from it. After a couple of days of gambling, you surely have already lost most of your money. On the other hand, after days of trading, you're still a newbie and you can still lose money. That's their main difference. In trading, you can learn how to trade, and eventually win the battle. But in gambling, even after years of experience, you're still depending on luck and nothing else. That's why people say that trading is a much better way to gamble your coins.

Well in a way I can agree to that. Being an experienced trader boosts your chances of earning way beyond your chances with gambling. There are a lot of aspects that we can study when we're trading and there would even be times that the chances of earning is more than that of losing or risking money. So I think that trading is a lot better is so many ways that gambling and that you can only compare these two at the start

crwth

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Quote from: rizkyhiw on February 21, 2017, 12:12:06 AM

Quote from: ethereumhunter on February 20, 2017, 09:52:17 PM

Quote from: wxa7115 on February 19, 2017, 11:30:24 PM

Quote from: CyanFox on February 18, 2017, 02:27:22 AM

Trading can be considered as gambling, because they are all risky to make money, and you can make and lose money from trading. I don't think why people ignore this truth.

It is not that we ignore the truth, there are risk in both activities but the greatest difference is that in gambling you cannot do much to reduce your risk while in trading there are many things you can do to lower the risk of losing your money.

beside that, we are getting difficult when we want to recover our loss in gambling but in trading, we can recover our loss by doing another pair and i think this is what we do in trading so in my opinion, trading is different than gambling. but still, trading and gambling have the same risk which is we need to spend our money to buy some coins or place a bets. the result might be different as we can recover our money when doing trading.

You think in trading you can really expect a sure winning?
Recover the lost? I don't think so , you can even get losing streaks just like gambling
Don't fool yourself, trading is just another form of gambling
You have a little chance to win in the long run .

Quote from: rizkyhiw on February 21, 2017, 12:12:06 AM

Quote from: ethereumhunter on February 20, 2017, 09:52:17 PM

Quote from: wxa7115 on February 19, 2017, 11:30:24 PM

Quote from: CyanFox on February 18, 2017, 02:27:22 AM

Trading can be considered as gambling, because they are all risky to make money, and you can make and lose money from trading. I don't think why people ignore this truth.

It is not that we ignore the truth, there are risk in both activities but the greatest difference is that in gambling you cannot do much to reduce your risk while in trading there are many things you can do to lower the risk of losing your money.

beside that, we are getting difficult when we want to recover our loss in gambling but in trading, we can recover our loss by doing another pair and i think this is what we do in trading so in my opinion, trading is different than gambling. but still, trading and gambling have the same risk which is we need to spend our money to buy some coins or place a bets. the result might be different as we can recover our money when doing trading.

You think in trading you can really expect a sure winning?
Recover the lost? I don't think so , you can even get losing streaks just like gambling
Don't fool yourself, trading is just another form of gambling
You have a little chance to win in the long run .

It's actually not like that if you studied the happenings in the trading inventories. If you see that the price is continually increasing sell some, if not, buy if it's low. There is a risk but it's not the same. It's a matter of decision too. In the long run, yiu could earn more if you put your money to the right place.

choppork

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All traders are gambling their money so they can make profit from it. After a couple of days of gambling, you surely have already lost most of your money. On the other hand, after days of trading, you're still a newbie and you can still lose money. That's their main difference. In trading, you can learn how to trade, and eventually win the battle. But in gambling, even after years of experience, you're still depending on luck and nothing else. That's why people say that trading is a much better way to gamble your coins.

rizkyhiw

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Quote from: ethereumhunter on February 20, 2017, 09:52:17 PM

Quote from: wxa7115 on February 19, 2017, 11:30:24 PM

Quote from: CyanFox on February 18, 2017, 02:27:22 AM

Trading can be considered as gambling, because they are all risky to make money, and you can make and lose money from trading. I don't think why people ignore this truth.

It is not that we ignore the truth, there are risk in both activities but the greatest difference is that in gambling you cannot do much to reduce your risk while in trading there are many things you can do to lower the risk of losing your money.

beside that, we are getting difficult when we want to recover our loss in gambling but in trading, we can recover our loss by doing another pair and i think this is what we do in trading so in my opinion, trading is different than gambling. but still, trading and gambling have the same risk which is we need to spend our money to buy some coins or place a bets. the result might be different as we can recover our money when doing trading.

You think in trading you can really expect a sure winning?
Recover the lost? I don't think so , you can even get losing streaks just like gambling
Don't fool yourself, trading is just another form of gambling
You have a little chance to win in the long run .

Japinat

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Quote from: --DarkSecrets-- on February 20, 2017, 10:03:06 PM

Quote from: The_prodigy on February 20, 2017, 06:10:21 PM

Quote from: --DarkSecrets-- on February 20, 2017, 05:59:55 PM

Quote from: wxa7115 on February 19, 2017, 11:30:24 PM

Quote from: CyanFox on February 18, 2017, 02:27:22 AM

Trading can be considered as gambling, because they are all risky to make money, and you can make and lose money from trading. I don't think why people ignore this truth.

It is not that we ignore the truth, there are risk in both activities but the greatest difference is that in gambling you cannot do much to reduce your risk while in trading there are many things you can do to lower the risk of losing your money.

Maybe he doesn't know the consequences of playing gambling as trading it happens without trying how these two are far different from each other .Gambling has a limited workspace although if you treat it as investment you will know in time after you try both gambling and trading.

True lots of consequences might be able to face off when we are playing gambling , trading is much more safer than gambling you can control your lose their the money you have without trying hard to earn profit if you can read an you can see coins are everyway nowadays it can be profitable that much. Investment? I don't think so i think its both risky with gambling that you can even get your roi back.

Yes ,The only thing that makes this both is because of money ,you risk your money for a some reasons but whatever your reason is every situation ,any games, or life events will not be the same .Nowadays not all coins are profitable because there are many scam coins. For me its more profitable in gambling.

If you would based your statement on what is the reality now, it is very obvious that there are more losers in gambling than in investment. In any form of investment, there's a scam and a legitimate one, your job as an investor is to ensure that you will be able to invest in a legitimate one. To determine it is not only by making a wild guess but to devote time to know your investment prior to putting an actual amount of money.

--DarkSecrets--

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Quote from: The_prodigy on February 20, 2017, 06:10:21 PM

Quote from: --DarkSecrets-- on February 20, 2017, 05:59:55 PM

Quote from: wxa7115 on February 19, 2017, 11:30:24 PM

Quote from: CyanFox on February 18, 2017, 02:27:22 AM

Trading can be considered as gambling, because they are all risky to make money, and you can make and lose money from trading. I don't think why people ignore this truth.

It is not that we ignore the truth, there are risk in both activities but the greatest difference is that in gambling you cannot do much to reduce your risk while in trading there are many things you can do to lower the risk of losing your money.

Maybe he doesn't know the consequences of playing gambling as trading it happens without trying how these two are far different from each other .Gambling has a limited workspace although if you treat it as investment you will know in time after you try both gambling and trading.

True lots of consequences might be able to face off when we are playing gambling , trading is much more safer than gambling you can control your lose their the money you have without trying hard to earn profit if you can read an you can see coins are everyway nowadays it can be profitable that much. Investment? I don't think so i think its both risky with gambling that you can even get your roi back.

Yes ,The only thing that makes this both is because of money ,you risk your money for a some reasons but whatever your reason is every situation ,any games, or life events will not be the same .Nowadays not all coins are profitable because there are many scam coins. For me its more profitable in gambling.

ethereumhunter

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Quote from: wxa7115 on February 19, 2017, 11:30:24 PM

Quote from: CyanFox on February 18, 2017, 02:27:22 AM

Trading can be considered as gambling, because they are all risky to make money, and you can make and lose money from trading. I don't think why people ignore this truth.

It is not that we ignore the truth, there are risk in both activities but the greatest difference is that in gambling you cannot do much to reduce your risk while in trading there are many things you can do to lower the risk of losing your money.

beside that, we are getting difficult when we want to recover our loss in gambling but in trading, we can recover our loss by doing another pair and i think this is what we do in trading so in my opinion, trading is different than gambling. but still, trading and gambling have the same risk which is we need to spend our money to buy some coins or place a bets. the result might be different as we can recover our money when doing trading.

hulla

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Quote from: wxa7115 on February 17, 2017, 10:29:57 PM

Quote from: HanSchultz on February 15, 2017, 04:15:13 PM

If you are trading with Yobit then i would say that you are gambling because they have all the insane coins in the world and every one hypes it up and you could even see fake volume and investment and the moment you invest something the price shoots down.

But no one forces you to invest on those crazy coins, if a project does not seem to have an original idea or anything new at all and the developers are nowhere to be found then that is a coin that was created basically to make money and nothing more so stay away from it.

I love what you said cocern the coin and how would someone the best coin to invested in or trade? But I don't like the part of you been so quick to judge cause I also experienced the exact thing that happened to HanSchultz.

wxa7115

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After 20 years of trading everything from stocks to commodities and from forex to coins i think that trading is almost like gambling.
You can't predict the future but you pretend you can.
You act like a pro chart reader and than you still make the same mistakes like buying high and selling low.
You think that a good news will make the price jump high and then you realize that everybody is allready taking profit from that old news.
The only difference i found in all those years between gambling and trading is that by gambling in the long end you allways lose and with trading you can at least make a living from it.

No one can predict the future, but you can take an educated guess, besides the most important thing when predicting the future is the when and not the what, almost everyone can predict successfully the what, as an example is it going to be a world war 3? I think if you look at history the answer to that is yes, but when? No one knows.

The_prodigy

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Quote from: --DarkSecrets-- on February 20, 2017, 05:59:55 PM

Quote from: wxa7115 on February 19, 2017, 11:30:24 PM

Quote from: CyanFox on February 18, 2017, 02:27:22 AM

Trading can be considered as gambling, because they are all risky to make money, and you can make and lose money from trading. I don't think why people ignore this truth.

It is not that we ignore the truth, there are risk in both activities but the greatest difference is that in gambling you cannot do much to reduce your risk while in trading there are many things you can do to lower the risk of losing your money.

Maybe he doesn't know the consequences of playing gambling as trading it happens without trying how these two are far different from each other .Gambling has a limited workspace although if you treat it as investment you will know in time after you try both gambling and trading.

True lots of consequences might be able to face off when we are playing gambling , trading is much more safer than gambling you can control your lose their the money you have without trying hard to earn profit if you can read an you can see coins are everyway nowadays it can be profitable that much. Investment? I don't think so i think its both risky with gambling that you can even get your roi back.

--DarkSecrets--

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Quote from: wxa7115 on February 19, 2017, 11:30:24 PM

Quote from: CyanFox on February 18, 2017, 02:27:22 AM

Trading can be considered as gambling, because they are all risky to make money, and you can make and lose money from trading. I don't think why people ignore this truth.

It is not that we ignore the truth, there are risk in both activities but the greatest difference is that in gambling you cannot do much to reduce your risk while in trading there are many things you can do to lower the risk of losing your money.

Maybe he doesn't know the consequences of playing gambling as trading it happens without trying how these two are far different from each other .Gambling has a limited workspace although if you treat it as investment you will know in time after you try both gambling and trading.

wxa7115

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Quote from: CyanFox on February 18, 2017, 02:27:22 AM

Trading can be considered as gambling, because they are all risky to make money, and you can make and lose money from trading. I don't think why people ignore this truth.

It is not that we ignore the truth, there are risk in both activities but the greatest difference is that in gambling you cannot do much to reduce your risk while in trading there are many things you can do to lower the risk of losing your money.

shintosai

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Quote from: Blitzboy on February 19, 2017, 12:21:45 PM

Quote from: daringdiscovered on February 19, 2017, 10:38:03 AM

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Quote from: gabmen on February 19, 2017, 05:58:24 AM

Quote from: Junko on February 18, 2017, 10:24:40 PM

I consider trading, along with any kind of investing/speculating, as forms of gambling. If there is a chance or possibility - even a 0.001% chance - that you could lose some or all your money, then to me it's gambling. Even if you are the number one best trader in the universe and know all the analysis and secret information there is to know, it is no guarantee that you won't lose, whether in the short term or long term.

Not to say people can't profit and earn through trading of course, just saying it's a form of gambling, imo.

Well for a chance as little as you've mentioned, one would already be a very successful trader. Losing money applies to pretty much any businesses not only to trading. The key is to make more money than the amount you've lost and i think good and experienced traders can do this at a pretty much conaistent basis. That makes it less of a gamble for them compared to those who are just starting out as traders. Experience would be they key difference here whether trading can be considered as a gamble

Yeah you're right actually its almost like gambling when you trade but their difference is not that significant everytime because if you gamble more loses will be possible to happen. But in trading it doesn't coincide to their specific reality because if the loses happened in gambling could happen to trading, I don't think traders will stay longer on the profitable trading sites they were engaged of, and trading absolutely be considered as gambling.

Speaking of losing rate then gambling does really have high percentage compared to trading since they are on different field because you could able to study trading techniques and knowledge for you to able to lessen the risk of lossing. Trading would be considered as gambling when you do trade without any proper knowledge.

That can be really called gambling when trading. You have no idea what you are trading and how it can be profitable. You only depend on your luck to earn profit from what you are trading. You put your money at high risk because of that. Trading is really an unpredictable job. But gambling is more worst than trading imo.

Yeah I agree with you. People should not involve in trading if they do not know what the heck they are doing. Trading without knowledge is the same as gambling because you will depend 100% on your luck and you will lose if you are not lucky enough to win the race. Therefore, trading is not easy as you think and it is not as same as gambling if you know how to do it in the appropriate way

well both ends needed some luck the only thing that matter is there are possibility that you can predict much better in terms of trading as we can look for more reference that can able to help us to assess if which is which in terms of placing our investment.

Blitzboy

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Quote from: daringdiscovered on February 19, 2017, 10:38:03 AM

Quote from: stomachgrowls on February 19, 2017, 06:40:10 AM

Quote from: ?? on ??

Quote from: gabmen on February 19, 2017, 05:58:24 AM

Quote from: Junko on February 18, 2017, 10:24:40 PM

I consider trading, along with any kind of investing/speculating, as forms of gambling. If there is a chance or possibility - even a 0.001% chance - that you could lose some or all your money, then to me it's gambling. Even if you are the number one best trader in the universe and know all the analysis and secret information there is to know, it is no guarantee that you won't lose, whether in the short term or long term.

Not to say people can't profit and earn through trading of course, just saying it's a form of gambling, imo.

Well for a chance as little as you've mentioned, one would already be a very successful trader. Losing money applies to pretty much any businesses not only to trading. The key is to make more money than the amount you've lost and i think good and experienced traders can do this at a pretty much conaistent basis. That makes it less of a gamble for them compared to those who are just starting out as traders. Experience would be they key difference here whether trading can be considered as a gamble

Yeah you're right actually its almost like gambling when you trade but their difference is not that significant everytime because if you gamble more loses will be possible to happen. But in trading it doesn't coincide to their specific reality because if the loses happened in gambling could happen to trading, I don't think traders will stay longer on the profitable trading sites they were engaged of, and trading absolutely be considered as gambling.

Speaking of losing rate then gambling does really have high percentage compared to trading since they are on different field because you could able to study trading techniques and knowledge for you to able to lessen the risk of lossing. Trading would be considered as gambling when you do trade without any proper knowledge.

That can be really called gambling when trading. You have no idea what you are trading and how it can be profitable. You only depend on your luck to earn profit from what you are trading. You put your money at high risk because of that. Trading is really an unpredictable job. But gambling is more worst than trading imo.

Yeah I agree with you. People should not involve in trading if they do not know what the heck they are doing. Trading without knowledge is the same as gambling because you will depend 100% on your luck and you will lose if you are not lucky enough to win the race. Therefore, trading is not easy as you think and it is not as same as gambling if you know how to do it in the appropriate way

Malsetid

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Quote from: daringdiscovered on February 19, 2017, 10:38:03 AM

Quote from: stomachgrowls on February 19, 2017, 06:40:10 AM

Quote from: ?? on ??

Quote from: gabmen on February 19, 2017, 05:58:24 AM

Quote from: Junko on February 18, 2017, 10:24:40 PM

I consider trading, along with any kind of investing/speculating, as forms of gambling. If there is a chance or possibility - even a 0.001% chance - that you could lose some or all your money, then to me it's gambling. Even if you are the number one best trader in the universe and know all the analysis and secret information there is to know, it is no guarantee that you won't lose, whether in the short term or long term.

Not to say people can't profit and earn through trading of course, just saying it's a form of gambling, imo.

Well for a chance as little as you've mentioned, one would already be a very successful trader. Losing money applies to pretty much any businesses not only to trading. The key is to make more money than the amount you've lost and i think good and experienced traders can do this at a pretty much conaistent basis. That makes it less of a gamble for them compared to those who are just starting out as traders. Experience would be they key difference here whether trading can be considered as a gamble

Yeah you're right actually its almost like gambling when you trade but their difference is not that significant everytime because if you gamble more loses will be possible to happen. But in trading it doesn't coincide to their specific reality because if the loses happened in gambling could happen to trading, I don't think traders will stay longer on the profitable trading sites they were engaged of, and trading absolutely be considered as gambling.

Speaking of losing rate then gambling does really have high percentage compared to trading since they are on different field because you could able to study trading techniques and knowledge for you to able to lessen the risk of lossing. Trading would be considered as gambling when you do trade without any proper knowledge.

That can be really called gambling when trading. You have no idea what you are trading and how it can be profitable. You only depend on your luck to earn profit from what you are trading. You put your money at high risk because of that. Trading is really an unpredictable job. But gambling is more worst than trading imo.

i think this only happens to beginners in trading. of course when you trade, you have to start somewhere and there's a time when you'll have to make mistakes for you to learn techniques and gather enough experience for a successful trade. i think this time is when trading can be compared to gambling. but once you're already doing it for quite a time, i think the difference between trading and gambling widens as you'll have more control of the result of your trades

daringdiscovered

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Quote from: stomachgrowls on February 19, 2017, 06:40:10 AM

Quote from: ?? on ??

Quote from: gabmen on February 19, 2017, 05:58:24 AM

Quote from: Junko on February 18, 2017, 10:24:40 PM

I consider trading, along with any kind of investing/speculating, as forms of gambling. If there is a chance or possibility - even a 0.001% chance - that you could lose some or all your money, then to me it's gambling. Even if you are the number one best trader in the universe and know all the analysis and secret information there is to know, it is no guarantee that you won't lose, whether in the short term or long term.

Not to say people can't profit and earn through trading of course, just saying it's a form of gambling, imo.

Well for a chance as little as you've mentioned, one would already be a very successful trader. Losing money applies to pretty much any businesses not only to trading. The key is to make more money than the amount you've lost and i think good and experienced traders can do this at a pretty much conaistent basis. That makes it less of a gamble for them compared to those who are just starting out as traders. Experience would be they key difference here whether trading can be considered as a gamble

Yeah you're right actually its almost like gambling when you trade but their difference is not that significant everytime because if you gamble more loses will be possible to happen. But in trading it doesn't coincide to their specific reality because if the loses happened in gambling could happen to trading, I don't think traders will stay longer on the profitable trading sites they were engaged of, and trading absolutely be considered as gambling.

Speaking of losing rate then gambling does really have high percentage compared to trading since they are on different field because you could able to study trading techniques and knowledge for you to able to lessen the risk of lossing. Trading would be considered as gambling when you do trade without any proper knowledge.

That can be really called gambling when trading. You have no idea what you are trading and how it can be profitable. You only depend on your luck to earn profit from what you are trading. You put your money at high risk because of that. Trading is really an unpredictable job. But gambling is more worst than trading imo.

conected

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Quote from: Wintersoldier on February 18, 2017, 09:48:22 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.

Certainly no. Gambling is different than trading. In trading, you do exchange for other currency, no betting occcuring, just analysis kn the graph. While gambling, you used to play a game with your money, you would earn from your luck.

- No, trading is gambling, because money doesn't grow on tree. In trading, where the money comes from? Money from players, you win, the others will lose, this is a kind of gambling, but you can rely on the skills, analyze to win other players, between trading and gambling, trading would be safer. In gambling, they has cheated and you can't win based on skill or analyze, everything depends on your luck, you have to face is admin, not the players

Topic: Can trading be considered as gambling?? - page 35. (Read 21308 times)