Can trading be considered as gambling?? - page 40.

kidoseagle0312

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Quote from: SaShiRaJaVu on February 10, 2017, 02:47:55 PM

Quote from: hulla on February 09, 2017, 09:43:13 PM

I think you don't really understand what ethereumhunter was trying to say here and I think he/she was talking about sport betting, horse racing gambling where you predict the winning team not dice. However, gambler can still predict the winning scoop through his/her instinct when it come to dice.

Instinct never wins you anything in dice game and if you ask anyone who lost their money in dice games they all have one thing to say that it was not their lucky day as you cannot win anything with instinct as every roll is random and if instinct alone could win then we would see people making money with dice sites.

Agreed, instinct by the human nature has no connection if you are winning in the games as a gambler. And if ever that is true, it will surely all gamblers must be happy I think. No need to use their analysis anymore, even it is fun or happiness all their tools only is applying their instinct at all. But that's not what happened in real life on the gambling sites.

phr0stbyt3

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Of course no you can't consider trading like gambling even though they both feel same but they are 2 different things :
First of all there isn't any strategy which can help you win a gamble nor any kind of skills , while in trading you need skills to determine the fluctuations in price of the commodities and there is a strategy required tbh.
Second if you see most of the gambling sites have minimum investment of 2mbtc or maybe less which is around 2$ while trading site requires minimum investment of 400$ which isn't possible for most of the people.

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Quote from: PacePay on February 11, 2017, 10:27:24 AM

Quote from: mrjoy15 on February 11, 2017, 09:27:57 AM

Quote from: kidoseagle0312 on February 11, 2017, 08:57:02 AM

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.

No it can't be, trading for me is a kind of business that you need to use your ability to grow it by simply doing trade in the exchange platform. It is in our hands on how are we gonna make it double, triple, or more our investment. That's we always used analysis while doing trade in the sites. Unlike in gambling it is only relying on their luck to make it profitable.

Absolutely that is what i also like to say.Trading and gambling are different parts of earning.First of all,before trading you know how to trade, you don't really trading without knowledge it,you need skill and learn about it to make money trading bitcoin with a beginner's guide.

yes learning about trade is important to earn profit from gambling as if someone will not earn then they will lose their money as if a person do not know about any business then how is it possible that he will earn some profit from that business.

yes trading is a profession and before joining any profession you need to be perfect in it. so need have good knowledge and experience in that profession and only then you can be succeeded in this profession. for example i want to join trading and going to invest my money in alt coins then it is very much important that i must have good knowledge about alt coin and must also have good experience there.

PacePay

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Quote from: mrjoy15 on February 11, 2017, 09:27:57 AM

Quote from: kidoseagle0312 on February 11, 2017, 08:57:02 AM

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.

No it can't be, trading for me is a kind of business that you need to use your ability to grow it by simply doing trade in the exchange platform. It is in our hands on how are we gonna make it double, triple, or more our investment. That's we always used analysis while doing trade in the sites. Unlike in gambling it is only relying on their luck to make it profitable.

Absolutely that is what i also like to say.Trading and gambling are different parts of earning.First of all,before trading you know how to trade, you don't really trading without knowledge it,you need skill and learn about it to make money trading bitcoin with a beginner's guide.

yes learning about trade is important to earn profit from gambling as if someone will not earn then they will lose their money as if a person do not know about any business then how is it possible that he will earn some profit from that business.

mrjoy15

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Quote from: kidoseagle0312 on February 11, 2017, 08:57:02 AM

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.

No it can't be, trading for me is a kind of business that you need to use your ability to grow it by simply doing trade in the exchange platform. It is in our hands on how are we gonna make it double, triple, or more our investment. That's we always used analysis while doing trade in the sites. Unlike in gambling it is only relying on their luck to make it profitable.

Absolutely that is what i also like to say.Trading and gambling are different parts of earning.First of all,before trading you know how to trade, you don't really trading without knowledge it,you need skill and learn about it to make money trading bitcoin with a beginner's guide.

conected

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Quote from: Farma on February 11, 2017, 03:03:20 AM

Quote from: PhilPrime on February 11, 2017, 02:57:46 AM

Quote from: Viscore on February 11, 2017, 02:02:42 AM

Quote from: diegz on February 11, 2017, 01:40:57 AM

Quote from: emberbekas on February 11, 2017, 01:36:08 AM

Trading can be considered as a gambling actions. It depends on a person who does the trading itself. If people did trading based on their feeling only and gain only small amount of informations regarding to the price fluctuations, in fact, they did gambling rather than trading.

Certainly, trading without proper knowledge is too risky and can be considered as gambling already. Market moves from time to time, and all you can do is to guess the next price. Observation on price movement and bids could give you an advantage in trading, but still, it is still risky, pumps and dumps are unpredictable.

There is no success without knowledge because knowledge is power, what you can get by trading with lack of knowledge is a temporary success, but we do not want that right? A trader wants to earn consistently in trading as it can be considered as his job that makes trading as a source of income.

Methods and technique can be learn, we should seek for it and don't get discourage every time you fail.

Nice words of encouragement, trading really needs to have sills and experience it requires some ideas and techniques on how to have a good transactions. While gambling is for depending on lucks only though requires sometimes skills too.

Well, gambling is not really require skill to win it, because the game is focused on the greatest luck. well, you just have to experience for gambling. but, trading requires skill and experience, in order to survive the rigors of the current price fluctuations.

- I think in some type of gambling, we need certain skills such as sports gambling and poker. Experience and skills are needed in the trading and gambling, because it helps us to limit risks and increase winning percentage. Luck is always necessary factor in anything, so we do not need to mention it
- Gambling and trading have the similarities, but gambling is dependent luck and skill is only one part, trading is dependent on skill and luck is only part. So I think trading can be considered as gambling, but it's not quite is gambling

Superways

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Quote from: kidoseagle0312 on February 11, 2017, 08:57:02 AM

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.

No it can't be, trading for me is a kind of business that you need to use your ability to grow it by simply doing trade in the exchange platform. It is in our hands on how are we gonna make it double, triple, or more our investment. That's we always used analysis while doing trade in the sites. Unlike in gambling it is only relying on their luck to make it profitable.

Yes you are right trading is a type of business to earn some money and to give the service of exchange to other people who want to exchange their money to other currencies but if someone do not know about trade and start trade then he will not have control on his money and the profit will depend on luck only then he will be like a gambler to gamble with his money.

kidoseagle0312

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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.

No it can't be, trading for me is a kind of business that you need to use your ability to grow it by simply doing trade in the exchange platform. It is in our hands on how are we gonna make it double, triple, or more our investment. That's we always used analysis while doing trade in the sites. Unlike in gambling it is only relying on their luck to make it profitable.

crwth

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Quote from: Farma on February 11, 2017, 03:03:20 AM

Quote from: PhilPrime on February 11, 2017, 02:57:46 AM

Quote from: Viscore on February 11, 2017, 02:02:42 AM

Quote from: diegz on February 11, 2017, 01:40:57 AM

Quote from: emberbekas on February 11, 2017, 01:36:08 AM

Trading can be considered as a gambling actions. It depends on a person who does the trading itself. If people did trading based on their feeling only and gain only small amount of informations regarding to the price fluctuations, in fact, they did gambling rather than trading.

Certainly, trading without proper knowledge is too risky and can be considered as gambling already. Market moves from time to time, and all you can do is to guess the next price. Observation on price movement and bids could give you an advantage in trading, but still, it is still risky, pumps and dumps are unpredictable.

There is no success without knowledge because knowledge is power, what you can get by trading with lack of knowledge is a temporary success, but we do not want that right? A trader wants to earn consistently in trading as it can be considered as his job that makes trading as a source of income.

Methods and technique can be learn, we should seek for it and don't get discourage every time you fail.

Nice words of encouragement, trading really needs to have sills and experience it requires some ideas and techniques on how to have a good transactions. While gambling is for depending on lucks only though requires sometimes skills too.

Well, gambling is not really require skill to win it, because the game is focused on the greatest luck. well, you just have to experience for gambling. but, trading requires skill and experience, in order to survive the rigors of the current price fluctuations.

If you're talking about personal skills, yeah but the character is also a factor to winning it. If you are not that greedy, you could be patient with small winnings and earn in the long run. Trading also needs a skill like patience with when you are going to sell or buy with the current price or something. Just be patient.

Farma

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Quote from: PhilPrime on February 11, 2017, 02:57:46 AM

Quote from: Viscore on February 11, 2017, 02:02:42 AM

Quote from: diegz on February 11, 2017, 01:40:57 AM

Quote from: emberbekas on February 11, 2017, 01:36:08 AM

Trading can be considered as a gambling actions. It depends on a person who does the trading itself. If people did trading based on their feeling only and gain only small amount of informations regarding to the price fluctuations, in fact, they did gambling rather than trading.

Certainly, trading without proper knowledge is too risky and can be considered as gambling already. Market moves from time to time, and all you can do is to guess the next price. Observation on price movement and bids could give you an advantage in trading, but still, it is still risky, pumps and dumps are unpredictable.

There is no success without knowledge because knowledge is power, what you can get by trading with lack of knowledge is a temporary success, but we do not want that right? A trader wants to earn consistently in trading as it can be considered as his job that makes trading as a source of income.

Methods and technique can be learn, we should seek for it and don't get discourage every time you fail.

Nice words of encouragement, trading really needs to have sills and experience it requires some ideas and techniques on how to have a good transactions. While gambling is for depending on lucks only though requires sometimes skills too.

Well, gambling is not really require skill to win it, because the game is focused on the greatest luck. well, you just have to experience for gambling. but, trading requires skill and experience, in order to survive the rigors of the current price fluctuations.

PhilPrime

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Quote from: Viscore on February 11, 2017, 02:02:42 AM

Quote from: diegz on February 11, 2017, 01:40:57 AM

Quote from: emberbekas on February 11, 2017, 01:36:08 AM

Trading can be considered as a gambling actions. It depends on a person who does the trading itself. If people did trading based on their feeling only and gain only small amount of informations regarding to the price fluctuations, in fact, they did gambling rather than trading.

Certainly, trading without proper knowledge is too risky and can be considered as gambling already. Market moves from time to time, and all you can do is to guess the next price. Observation on price movement and bids could give you an advantage in trading, but still, it is still risky, pumps and dumps are unpredictable.

There is no success without knowledge because knowledge is power, what you can get by trading with lack of knowledge is a temporary success, but we do not want that right? A trader wants to earn consistently in trading as it can be considered as his job that makes trading as a source of income.

Methods and technique can be learn, we should seek for it and don't get discourage every time you fail.

Nice words of encouragement, trading really needs to have sills and experience it requires some ideas and techniques on how to have a good transactions. While gambling is for depending on lucks only though requires sometimes skills too.

Viscore

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Quote from: diegz on February 11, 2017, 01:40:57 AM

Quote from: emberbekas on February 11, 2017, 01:36:08 AM

Trading can be considered as a gambling actions. It depends on a person who does the trading itself. If people did trading based on their feeling only and gain only small amount of informations regarding to the price fluctuations, in fact, they did gambling rather than trading.

Certainly, trading without proper knowledge is too risky and can be considered as gambling already. Market moves from time to time, and all you can do is to guess the next price. Observation on price movement and bids could give you an advantage in trading, but still, it is still risky, pumps and dumps are unpredictable.

There is no success without knowledge because knowledge is power, what you can get by trading with lack of knowledge is a temporary success, but we do not want that right? A trader wants to earn consistently in trading as it can be considered as his job that makes trading as a source of income.

Methods and technique can be learn, we should seek for it and don't get discourage every time you fail.

diegz

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Quote from: emberbekas on February 11, 2017, 01:36:08 AM

Trading can be considered as a gambling actions. It depends on a person who does the trading itself. If people did trading based on their feeling only and gain only small amount of informations regarding to the price fluctuations, in fact, they did gambling rather than trading.

Certainly, trading without proper knowledge is too risky and can be considered as gambling already. Market moves from time to time, and all you can do is to guess the next price. Observation on price movement and bids could give you an advantage in trading, but still, it is still risky, pumps and dumps are unpredictable.

emberbekas

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Trading can be considered as a gambling actions. It depends on a person who does the trading itself. If people did trading based on their feeling only and gain only small amount of informations regarding to the price fluctuations, in fact, they did gambling rather than trading.

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Quote from: FLoving on February 10, 2017, 04:38:55 PM

Quote from: SaShiRaJaVu on February 10, 2017, 02:47:55 PM

Quote from: hulla on February 09, 2017, 09:43:13 PM

I think you don't really understand what ethereumhunter was trying to say here and I think he/she was talking about sport betting, horse racing gambling where you predict the winning team not dice. However, gambler can still predict the winning scoop through his/her instinct when it come to dice.

Instinct never wins you anything in dice game and if you ask anyone who lost their money in dice games they all have one thing to say that it was not their lucky day as you cannot win anything with instinct as every roll is random and if instinct alone could win then we would see people making money with dice sites.

There are some people who can earn some profit from dice sites but only if they play carefully just like a few weeks ago I decided to play with extreme care and I continued on dice and I was going very well in the game and then in the end due to my greed I bet all in and in that I lost all.

That's why we have to be very careful when playing gambling. We should not invest all the amount at a time into the gambling at once, like you many people are greedy to make higher margin of profit in less time, but it is not possible all the time through gambling.

doomistake

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Quote from: PeRo on December 24, 2016, 05:12:41 PM

It can be considered as gambling in one hand, but in the other hand there are major differences, such as when you lose in gambling you lose it all and in trading you lose the difference between the buying price and the selling price. Gambling is pretty much giving away money to the site or casino and trading is real earning money.

Yeah right? I just don't see why some people here thinks that Trading and gambling are just the same stuff, yeah, there are risks in both, but the risk in gambling do have a lot of differences than the risk in Trading. What are those, In Trading the risk that you are just going to face is the scammers and the risk of losing your capital because the changing of the price of the Altcoins that you are going to buy, but, if you are going to use your technique and knowledge about this, buying Altcoin in its DUMP state and sell it in its PUMP state is the right thing to do, and more important is you do have patient.

In gambling? The risk that we are talking about here is the losing all of your money without any assurance that we will win so that we can multiply our capital and earn huge profits, but, instead of multiplying our bitcoin, mostly, we lost it, and we regret it, and then we got addicted to this game which only cause us an empty wallet.

So, I hope that this make sense for those people who are going to post another thread like this, always asking if they can consider Trading as Gambling which is really confusing.

FLoving

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Quote from: SaShiRaJaVu on February 10, 2017, 02:47:55 PM

Quote from: hulla on February 09, 2017, 09:43:13 PM

I think you don't really understand what ethereumhunter was trying to say here and I think he/she was talking about sport betting, horse racing gambling where you predict the winning team not dice. However, gambler can still predict the winning scoop through his/her instinct when it come to dice.

Instinct never wins you anything in dice game and if you ask anyone who lost their money in dice games they all have one thing to say that it was not their lucky day as you cannot win anything with instinct as every roll is random and if instinct alone could win then we would see people making money with dice sites.

There are some people who can earn some profit from dice sites but only if they play carefully just like a few weeks ago I decided to play with extreme care and I continued on dice and I was going very well in the game and then in the end due to my greed I bet all in and in that I lost all.

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-snip-

Binary trading looks gambling to me, you are predicting the price at a very short time and it will give you a result. On the other hand, I like trading because you have an ample time to do a research before you can finalize your decision. I tried binary and that does not give me success, so in order to earn, we should look for a better ways where we feel we have a chance to realize it.

I admit binary trading may look like gambling to some, but I think that is if you do the 1 minute trades there are positions that can last as long as a week depending on the instrument you are trading and the platform you use to trade.

Trading is a form of gambling as both involve risk and making money at the end of it and i really do not think how long it takes for binary options take to complete can disqualify it from being gambling.

SaShiRaJaVu

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Quote from: hulla on February 09, 2017, 09:43:13 PM

I think you don't really understand what ethereumhunter was trying to say here and I think he/she was talking about sport betting, horse racing gambling where you predict the winning team not dice. However, gambler can still predict the winning scoop through his/her instinct when it come to dice.

Instinct never wins you anything in dice game and if you ask anyone who lost their money in dice games they all have one thing to say that it was not their lucky day as you cannot win anything with instinct as every roll is random and if instinct alone could win then we would see people making money with dice sites.

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Quote from: hulla on February 09, 2017, 09:43:13 PM

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Quote from: dylanc on February 07, 2017, 08:04:55 PM

I guess trading has a large element of skill and judgement, so it can be considered not gambling.

Yes ,but it has a big difference when it come by using skills ,and trading is not like gambling to use some analysis and skills only .It is needed a big patient and predicting some movements in the market to earn.

indeed and what happen in trading is could not be predicting as the market is move by demand and supply, but in gambling, we only need to place a bets, waiting for the result and win or lose. sometimes gambling need skills too but its only for specific games like sports betting and the other games is based on the luck.

you understood it completely upside down!
you can never predict anything as long as you are gambling, becasue there is not way of predicting anything in gambling which is a game of luck.
but in trading there are lots of way known as analysis to predict the market movement and how price of a commodity is going to change. and that alone is a pretty huge difference.

I think you don't really understand what ethereumhunter was trying to say here and I think he/she was talking about sport betting, horse racing gambling where you predict the winning team not dice. However, gambler can still predict the winning scoop through his/her instinct when it come to dice.

yes prediction in sports gambling like cricket, football, basketball, hockey, car race, horse riding and in many more are possible. here you you need good information about the team and players and after analyzing their previous record you can predict about the team. but it is a fact that in dice games and so many other format of gambling prediction is not possible.

Topic: Can trading be considered as gambling?? - page 40. (Read 21322 times)