Topic: Can trading be considered as gambling?? - page 37. (Read 21308 times)
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
the only people who ever tried to play both of which can differentiate trading, and gambling. when you gamble, it will be very much fun that you get, but in trading will only be tension, because if it does not fit with your predictions, then you will lose. Well, of course gambling, and trading is completely different, although both require skill, but trading requires accurate information to make a profit.
In my opinion, in gambling you don't need that much of skill. Games are mostly dependent on lucky, that is why it is called risky since you have no idea on what will happen to your bets. While in trading, you can speculate, look at the records/bids and by that you could came up with a conclusion that is almost accurate. I consider trading as nearly a gambling when we are a beginner, since most of the time when we are new at trading, all we did is to guess.
Nah... Gambling is take risky action in the hope of a desired result. While, trading is economic concept involving the buying and selling of goods and services with a compensation paid by buyer to seller. Although, you can speculate, study chart and pass record. But gambling and trading both involve in playing games of chance for money hoping for some smile tiding outcome.
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.
Please tell me what do you think.
When we do trading or gamble they have both bit similarity which is there risk involve if you do these both. But in trading also mosten it became irrational meaning our analysis and intuition are not much useful in it. while in gambling you really risk your money/investment in the games which leads most of the time in lose of investment/money.
Trading and Gambling is really different from each other
No, there are many similarities. If it is not so, we would not have such topics to discuss. Due to those similarities some traders mistakenly trading in gambling way.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.
I don't get what you mean that if you are Trading on Yobit then you are also doing gambling, just because of having insane coins? it is confusing. Having Altcoins doesn't mean that you are doing gambling, even if it is on Yobit, yeah there is a Dice game on Yobit but it is optional, if you want to play it or not, but mostly, YOBIT is just an exchanger of Altcoins and uses as a Trading site, but not a gambling site, only if that is what you mean, that if you are using YOBIT on trading then you should considered it gambling also because there is DICE game on it.
Because Trading and Gambling is really different from each other, I know that they both have risks but the risk in gambling is bigger than the risk in Trading. So, Trading shouldn't be considered as Gambling like many others think.
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
Technical analysis is a must with every days price movement to get the best earning. One thing is that you need to be lucky to earn even through trading same as gambling. One thing that trading provides better than gambling is the minimizing of loss. This is not possible with gambling, you need to be lucky to profit else you need to accept the loss.
For me its no because trading is for knowledge and skills while gambling is for destiny and luck. In trading you buy low and sell high while in gambling you just play safe. So therefore there is a big chance of winning in trading while in gambling there is a big chance of losing in the game. So trading is better than gambling.
In general, you're right there dude. Though i think its a lot broader than that. For me, sports betting would give you a better chance of earning profits than trading. If we're talking about games of luck, its the same as when you are just starting trading. Being successful in trading and having an imporoved chance of profit comes with experience.
For me its no because trading is for knowledge and skills while gambling is for destiny and luck. In trading you buy low and sell high while in gambling you just play safe. So therefore there is a big chance of winning in trading while in gambling there is a big chance of losing in the game. So trading is better than gambling.
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.
You already know this things so what you can do is to avoid to trade in that site. for me trading and gambling is different because in trading you need skills to be a good trader. what make them similar is its both risky.Well for me trading and gambling is almost just the same. You both need some skills to benefit from it. In trading you need skills like reading the graphs, analyzing the volumes, etc. While in gambling, you need some skills to know when to stop playing. Both of them needs good control of emotion. The only thing that differs them is trading is less risky than gambling.
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.
You already know this things so what you can do is to avoid to trade in that site. for me trading and gambling is different because in trading you need skills to be a good trader. what make them similar is its both risky. the only people who ever tried to play both of which can differentiate trading, and gambling. when you gamble, it will be very much fun that you get, but in trading will only be tension, because if it does not fit with your predictions, then you will lose. Well, of course gambling, and trading is completely different, although both require skill, but trading requires accurate information to make a profit.
i did , and based on my opinion both trading and gambling are pretty similar. i feel sometimes there is no difference between trading and gambling when frustated have a bad analysis causing a lot of loss in trading. and sometimes feel that better to gambling rather than wasting time in trading , don't know which one true, imho it's different idk.well, trading and making a living from trading is not such a common job. but the reason for that is the fact that trading is risky and will bring a lot of stress to the investors aka day-traders. and this stressful situation is not so desirable for everyone.
but it is perfectly possible to make a living from trading and there are many who are doing this. they are called day-traders and they trade Forex, stocks,.... and lots of things every day and make a very good amount of money.
the only people who ever tried to play both of which can differentiate trading, and gambling. when you gamble, it will be very much fun that you get, but in trading will only be tension, because if it does not fit with your predictions, then you will lose. Well, of course gambling, and trading is completely different, although both require skill, but trading requires accurate information to make a profit.
i did , and based on my opinion both trading and gambling are pretty similar. i feel sometimes there is no difference between trading and gambling when frustated have a bad analysis causing a lot of loss in trading. and sometimes feel that better to gambling rather than wasting time in trading , don't know which one true, imho it's different idk.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.
Please tell me what do you think.
When we do trading or gamble they have both bit similarity which is there risk involve if you do these both. But in trading also mosten it became irrational meaning our analysis and intuition are not much useful in it. while in gambling you really risk your money/investment in the games which leads most of the time in lose of investment/money.
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.
Please tell me what do you think.
When we do trading or gamble they have both bit similarity which is there risk involve if you do these both. But in trading also mosten it became irrational meaning our analysis and intuition are not much useful in it. while in gambling you really risk your money/investment in the games which leads most of the time in lose of investment/money.
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 .
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 .
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
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We associate gambling as something that you're playing cards, dice, roulette, and you'll have to bet your money to do so. But by definition, yes, gambling means taking a risk. When you're trading, you're basically gambling your money.
Only difference is the fact that when you're doing the typical gambling game, you're risking your whole money and when you lose, all of them will be lost. In trading, you can prevent having more losses by selling your coins when the price is starting to decrease. You can't lose 100% of your money in trading unless it goes from a really high price to 1 satoshi per coin.
In a way you are correct since everything is a gamble but the difference is that in gambling you know your EV is negative, you are going to lose money, but in trading, your EV can be either positive or negative, if you are any good then your EV will most likely be positive, and you could make your living out of it.Only difference is the fact that when you're doing the typical gambling game, you're risking your whole money and when you lose, all of them will be lost. In trading, you can prevent having more losses by selling your coins when the price is starting to decrease. You can't lose 100% of your money in trading unless it goes from a really high price to 1 satoshi per coin.
so i think we should maintain our effort to be positive in gambling and trading because if we only doing trading or gambling without having a
good effort then its the same like we are going to risk our money and we can not make profit as we want.
i think its difficult to keep our effort to stay normal and we can control our emotion so we dont get stuck in gambling or trading so there is a different between gambling and trading for us and we can easily separate it when we do each of activity.
We associate gambling as something that you're playing cards, dice, roulette, and you'll have to bet your money to do so. But by definition, yes, gambling means taking a risk. When you're trading, you're basically gambling your money.
Only difference is the fact that when you're doing the typical gambling game, you're risking your whole money and when you lose, all of them will be lost. In trading, you can prevent having more losses by selling your coins when the price is starting to decrease. You can't lose 100% of your money in trading unless it goes from a really high price to 1 satoshi per coin.
In a way you are correct since everything is a gamble but the difference is that in gambling you know your EV is negative, you are going to lose money, but in trading, your EV can be either positive or negative, if you are any good then your EV will most likely be positive, and you could make your living out of it. Only difference is the fact that when you're doing the typical gambling game, you're risking your whole money and when you lose, all of them will be lost. In trading, you can prevent having more losses by selling your coins when the price is starting to decrease. You can't lose 100% of your money in trading unless it goes from a really high price to 1 satoshi per coin.
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.
You already know this fact, so I bet you are prepared on whatever happen if you decided to trade in this site. You can also mitigate your risk in yobit by simply avoiding inactive coins and just trade with coins that has active developer. So basically knowing this kind of stuff will nullify your idea that trading in Yobit is the same as gambling since you will be more cautious and avoid those that will bring you loses in trades.
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.
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