Topic: Can trading be considered as gambling?? - page 36. (Read 21308 times)
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.
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.
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.
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.
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
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.
Not to say people can't profit and earn through trading of course, just saying it's a form of gambling, imo.
you are just word playing and you don't know the meaning of gambling.
you can call a "glass water" a "shoe" but that does't make the glass a shoe!
calling investment, or trading as gambling doesn't make it true. gambling is something that you have no idea about the risks and they are always high. for example when you roll a dice or bet on whether a team is going to win a match, you have no idea what can happen and can never predict. and losing means losing all.
but when you trade or invest the risk can be calculated and avoided if there is any risk.
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.
Not to say people can't profit and earn through trading of course, just saying it's a form of gambling, imo.
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. Please tell me what do you think.
might be, might not. for those who do not know the play trading, would probably equate that trading is gambling. but, for those who really know trading, would say that the difference gambling and trading is quite a lot.
You should choose one for trading will never be gambling since they are not the same.. gambling is for fun and entertainment while trading is task or business that you need to invest for altcoin or bitcoin to sell it someday if the price is really high.. also you will just lose if the price is decrease but you can be still sell altcoin fi the price is low.. unlike gambling .. that if you lose you can not recover something from gambling if you already lose all your money and funds..
Some skills in gambling is not applicable in trading so in both of it you need to know more and use a right mindset .
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.
might be, might not. for those who do not know the play trading, would probably equate that trading is gambling. but, for those who really know trading, would say that the difference gambling and trading is quite a lot.
You should choose one for trading will never be gambling since they are not the same.. gambling is for fun and entertainment while trading is task or business that you need to invest for altcoin or bitcoin to sell it someday if the price is really high.. also you will just lose if the price is decrease but you can be still sell altcoin fi the price is low.. unlike gambling .. that if you lose you can not recover something from gambling if you already lose all your money and funds..
I think when a new coon comes out and you want to support it then gambling can become about luck to w point since noone can tell of the Dev will dissapear or maybe even dump. Then you sat with a bag of worthless coins. When you see a coon rise or fall it can be a ga!ble sometimes about what happens next.
might be, might not. for those who do not know the play trading, would probably equate that trading is gambling. but, for those who really know trading, would say that the difference gambling and trading is quite a lot.
You should choose one for trading will never be gambling since they are not the same.. gambling is for fun and entertainment while trading is task or business that you need to invest for altcoin or bitcoin to sell it someday if the price is really high.. also you will just lose if the price is decrease but you can be still sell altcoin fi the price is low.. unlike gambling .. that if you lose you can not recover something from gambling if you already lose all your money and funds..
might be, might not. for those who do not know the play trading, would probably equate that trading is gambling. but, for those who really know trading, would say that the difference gambling and trading is quite a lot.
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.
All gambling are risky there's no gambling that no need to risk even lotto you need to risk your money and it's hard to win the jackpot there, Loosing money will keep us more triggered to reach that goal in life. People don't ignore that once people lose they want to accept the truth 
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.
All gambling are risky there's no gambling that no need to risk even lotto you need to risk your money and it's hard to win the jackpot there, Loosing money will keep us more triggered to reach that goal in life. People don't ignore that once people lose they want to accept the truth
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.
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
It's almost the same when we are going to look on its risk taking. Trading is risky so gambling is. But the way when we are going to gamble, it's very different because every time we trade, we are using our knowledge and skills on each trades that we are doing. But in gambling, we can just let it go and let our luck work for us.
If you trade altcoins than yes it is like kind o gambng,most of them are scams,hypes you nver know whan thay disapear,
Altcoins are just very risky, they can easily drop to 1 satoshi if they turn up scams (sadly, most of them do exactly this), but they can also skyrocket if devs fulfill their promises and the project is really innovative. Also there's another possibility to get profit, since many altcoins are pump & dump coins, you can still profit if you invest early enough, but this is very risky.
genrally trading is not gambling.trading is simply buy sell to get a profit.In gambling you have small chance to make profit
If you could so simply get profit just by buying and selling, we all would be rich, but in fact trading is a zero sum game, so in order for someone to get profit, other person must suffer a lose. So trading is kinda like gambling, but the edge depends on your skill, it can be either positive or negative, and obviously you'll have to learn a lot before you will be getting profit consistently.
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.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. no, Trading job is different from gambling, for trading, we need to analyze the market a scientific way, what we need to do is find out information, then apply our minds to accurate value judgments. It's a job that requires high skills, it does not depend on your luck, so trading is not gambling, you are a trader, not a gambling man. Be confident about that, your job is done proud.
there is no scientific way to analize the market what they calls TA is bullshit it doesn't work for everyone and it work some times, those who created TA are deceiving noobs in thinking that there is actually a way to predict the market and make always a +ev choice, what they don't say is that they are actually part of the market itself, thet are the one that manipulate the market and therefore can make the market move where they want
Herr reason is true or you can say reason to say trading as gambling is right because in trading it is hard to predict that what the price will be for the particular altcoin in the future But opposite of this if you are working in yobit continuously for long time then you will comes to know about the price for. every famouse altcoin slowly slowly and you will comes to know that what is the range of the price for particular altcoin .
So if you are experienced in trading than you can't consider trading as gambling .
All aspect in life has risk, then if we applied your idea then life itself is gambling. So whatever we do it is gambling. Which is contradicted by analyst and professional traders. Because they believe of this thing called mitigating risk where a person fully study the situation and take the risk factor out by methodology and system called risk management.
Trading can only be gambling if the trader never study the market and trade blindly hoping that he made the right decision just like picking a color or a number in a lottery.
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