Trading can also be considered as gambling in some ways because it needs to gamble your money for awhile but it will always be depend on your skills on how you manage to be a successful trader.
The difference is in gambling, when you put patience then huge profits is coming your while in gambling is wasting your time, effort and assets.
Topic: Can trading be considered as gambling?? - page 4. (Read 21308 times)
Maybe if more detailed trading and gambling have many similarities, but still trading and gambling are two different things, so trading can not be considered as a gamble. There is one thing I think that makes trading different from gambling and can not be considered gambling, that is, gambling is ilegal in some countries, but trading is legal in all countries, it has shown a clear distinction.
I think that can be said so, this is because in trading all analyzes never guarantee profit, and in trading there will be only two sides of profit or loss, so I will say that trading is the same as gambling.
They are not, as what the previous answer stated, the level of risk is difference between gambling and trading. Trading does not only involve personal analaysis but news and stuff that happen around the market that can affect the price of the stock, so we can see hints of what will happen next in trading while gambling just give random result. So the risk in gambling cannot be controlled or nullify unlike the risk in trading.
But many people are doing trading with the gambling strategy which is only based on luck and many got succeed with this strategy too,one of my initially did trades with the rewards from the bounties and his token price hugely raised in some days,since that he did trading with just luck but now he got more experience in altcoin trading.
I think that can be said so, this is because in trading all analyzes never guarantee profit, and in trading there will be only two sides of profit or loss, so I will say that trading is the same as gambling.
They are not, as what the previous answer stated, the level of risk is difference between gambling and trading. Trading does not only involve personal analaysis but news and stuff that happen around the market that can affect the price of the stock, so we can see hints of what will happen next in trading while gambling just give random result. So the risk in gambling cannot be controlled or nullify unlike the risk in trading.
I think that can be said so, this is because in trading all analyzes never guarantee profit, and in trading there will be only two sides of profit or loss, so I will say that trading is the same as gambling.
They are not, as what the previous answer stated, the level of risk is difference between gambling and trading. Trading does not only involve personal analaysis but news and stuff that happen around the market that can affect the price of the stock, so we can see hints of what will happen next in trading while gambling just give random result. So the risk in gambling cannot be controlled or nullify unlike the risk in trading.
I think that can be said so, this is because in trading all analyzes never guarantee profit, and in trading there will be only two sides of profit or loss, so I will say that trading is the same as gambling.
Proper stock investing is not the same as gambling. Investing in shares is a legal and legal investment.
Yes the most striking difference between trading and gambling is its legality. In some countries gambling is marked as illegal activity while trading is legal in almost all parts of the world. But frankly, as to whether gambling is arguably part of gambling or not will depend on the trader itself. This is because there are many people who trade but do not have fixed guidelines and tend to do it speculatively. For those people, even if they are practically trading, they are actually gambling.
Proper stock investing is not the same as gambling. Investing in shares is a legal and legal investment.
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)
There are different forms of gambling but in my understanding it's divided into two category, these are skilled based and luck based gambling. The one you are talking is an example of a luck based gambling, of course it's hard to win through luck as the house has the edge and you will never
gonna have a chance to be a long term winner.
In trading, you can develop your skills and for me it's like a skilled based gambling.
You are right there is luck involved in trading but knowledge and skills will determine the result on trading because we wont lose our money because wrong prediction/speculation as long as we do not sell it at lower price. There is one big difference in trading and gambling aside the house edge that we always call it "HOLDING" or "HODLING". We cant do it on gambling, can you?
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)
There are different forms of gambling but in my understanding it's divided into two category, these are skilled based and luck based gambling. The one you are talking is an example of a luck based gambling, of course it's hard to win through luck as the house has the edge and you will never
gonna have a chance to be a long term winner.
In trading, you can develop your skills and for me it's like a skilled based gambling.
You are right there is luck involved in trading but knowledge and skills will determine the result on trading because we wont lose our money because wrong prediction/speculation as long as we do not sell it at lower price. There is one big difference in trading and gambling aside the house edge that we always call it "HOLDING" or "HODLING". We cant do it on gambling, can you?
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.
Actually in my own opinion,trading is different from gambling because ,in trading investment when you put a capital,theres a tendency that you can earn profit above from what you expected,while in gambling 90% of your bet money is already loss,and only 10 % is your chances of winning the games.therefore we can differentiate that trading is not like a gambling process.
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)
There are different forms of gambling but in my understanding it's divided into two category, these are skilled based and luck based gambling. The one you are talking is an example of a luck based gambling, of course it's hard to win through luck as the house has the edge and you will never
gonna have a chance to be a long term winner.
In trading, you can develop your skills and for me it's like a skilled based gambling.
Although gambling is more risky if we compared to trading, but the way of doing and handle them it is same in both of them. Yeah, in trading we have no house edge while in gambling but lose wise i don't think gambling and in trading any difference is here. If we get lose in gambling we have bad feeling and disappointment then same like in trading, we have mostly lose and sometime we have disappointment.
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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)
There are different forms of gambling but in my understanding it's divided into two category, these are skilled based and luck based gambling. The one you are talking is an example of a luck based gambling, of course it's hard to win through luck as the house has the edge and you will never
gonna have a chance to be a long term winner.
In trading, you can develop your skills and for me it's like a skilled based gambling.
although we cannot predict what will happen next, we still have a chance to recover our loss in trading. for example, if you buy a coin in 100 satoshi and then suddenly the price is down at 80 satoshi, you can see the price will increase again even it will increase more than 100 satoshi in the future. so I don't say that trading requires a luck to get a profit, not always. but in the gambling, once we are a loss, we cannot recover our money no matter we place a big money.
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)
There are different forms of gambling but in my understanding it's divided into two category, these are skilled based and luck based gambling. The one you are talking is an example of a luck based gambling, of course it's hard to win through luck as the house has the edge and you will never
gonna have a chance to be a long term winner.
In trading, you can develop your skills and for me it's like a skilled based gambling.
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)
There are different forms of gambling but in my understanding it's divided into two category, these are skilled based and luck based gambling. The one you are talking is an example of a luck based gambling, of course it's hard to win through luck as the house has the edge and you will never
gonna have a chance to be a long term winner.
In trading, you can develop your skills and for me it's like a skilled based gambling.
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)
I kinda consider it as gambling. Especially if you are very new with trading all you depend is luck. But seriously trading is more on analysis. You if you are a little been doing trading then you have a better judgement comparing for those who very new. You when and not to trade.
You are right, Trading and gambling is the same if you are just new in trading, because If you don't have any experience about markets moves, you will find yourself gamble in trading, and use random predictions about altcoins moves. But if you learn how to trade and build a good experience, trading will be another thing than gambling and you will use your mind more and you chance to win is a bit high.
Risk takers are gamblers and traders take risks. No one knows what will happen to the price of anything they buy or sell, there for its a gamble. I think it's fair to say trading as gambling.
You cannot say easily like that , trading is more complicated than what people imagined.You can consider trading equal to gambling when you do it randomly , did not have any reference to set buy position and sell position etc.
But when you do trade with technique , knowledge and several well known trading approach you cannot say it is same.
gambling and trading are two things different. we can not consider them as equal. Trading is basically a job or an investment that requires studies and plans while gambling is essentially based on luck.
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.
No,trading is different from gambling because they have different way in how to perform in crypto world.trading investment is the process of finding a potential coins that can give you a good benefits and huge profits with a motivation to our mind in buying in low prices and sell high,unlike in gambling that its only an entertainment to youself at the same time ,you must push yourself to find your luck in gambling but mostly 85% chances of lossing in games.
That is true, so I am not sure why people keep on saying they are remotely related. There is indeed the level of risk you put on gambling and in trading, but the kind of risk is completely different. In gambling, the risk is pure. There is no other way to change the risk, no way to lower or increase it. Unlike in trading, where you can change your risk anytime by executing maneuvers.
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