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Topic: Can trading be considered as gambling?? - page 45. (Read 21308 times)

hero member
Activity: 644
Merit: 500
February 02, 2017, 02:46:03 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.

If you really want to stopped doing gambling, you must discipline yourself, and have a dedication and devotion that your not gonna do it anymore. It should be your commitment to yourself. And much better for you to do trade in the exchange platform.

It can be considered as gambling because your risking money to make a profit. but it doesn't mean that you're gambling because of the luck and that's their difference.. you have to use your skills when you do trading and not just putting your money without any knowledge on how you make money from it.
legendary
Activity: 1316
Merit: 1011
February 02, 2017, 12:13:45 PM
For me trading is not gambling because you have to study or use analysis and lot of factors are involved before making a decision whether to trade or invest. In gambling, you just put your bet on who you think will win plus a lot of luck should be on your side to win.

I think this depends on the stage of trading you're in. of course when you're just starting to trade, if you don't have any experience yet, it's closing to gambling. you'll be taking a lot more risks and can even lose more but it part of the process because once you have enough experience, trading can very well give you a kind of consistent earning. a think that can't be said about gambling as there are no certain way to earn money whichever you look at it aside from betting on a favorite sport

Not just a stable income. If you are good at trading, you can even make a living from it. There are many factors that can help you to make a successful trade. And when you lose in trading it becomes a lesson to you. Unlike in gambling, it gets you addicted when you lose because you are trying to recover what you lose before.
I agree that last statement in Trading if we lose we will learn one lesson and in next move, we will not make the same mistake. Every loss will teach us how to reduce our loss in trading. But in gambling, it's not like that every loss will make us play some more games and earn back our loss. In the end, we lose some more money. So the gambling and Trading both are not same.
hero member
Activity: 700
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February 02, 2017, 08:44:33 AM
For me trading is not gambling because you have to study or use analysis and lot of factors are involved before making a decision whether to trade or invest. In gambling, you just put your bet on who you think will win plus a lot of luck should be on your side to win.

I think this depends on the stage of trading you're in. of course when you're just starting to trade, if you don't have any experience yet, it's closing to gambling. you'll be taking a lot more risks and can even lose more but it part of the process because once you have enough experience, trading can very well give you a kind of consistent earning. a think that can't be said about gambling as there are no certain way to earn money whichever you look at it aside from betting on a favorite sport

Not just a stable income. If you are good at trading, you can even make a living from it. There are many factors that can help you to make a successful trade. And when you lose in trading it becomes a lesson to you. Unlike in gambling, it gets you addicted when you lose because you are trying to recover what you lose before.
hero member
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February 02, 2017, 07:57:33 AM
For me trading is not gambling because you have to study or use analysis and lot of factors are involved before making a decision whether to trade or invest. In gambling, you just put your bet on who you think will win plus a lot of luck should be on your side to win.

I think this depends on the stage of trading you're in. of course when you're just starting to trade, if you don't have any experience yet, it's closing to gambling. you'll be taking a lot more risks and can even lose more but it part of the process because once you have enough experience, trading can very well give you a kind of consistent earning. a think that can't be said about gambling as there are no certain way to earn money whichever you look at it aside from betting on a favorite sport
hero member
Activity: 1022
Merit: 500
February 02, 2017, 06:24:11 AM
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.

If you really want to stopped doing gambling, you must discipline yourself, and have a dedication and devotion that your not gonna do it anymore. It should be your commitment to yourself. And much better for you to do trade in the exchange platform.
sr. member
Activity: 1078
Merit: 256
February 02, 2017, 06:09:09 AM
For me trading is not gambling because you have to study or use analysis and lot of factors are involved before making a decision whether to trade or invest. In gambling, you just put your bet on who you think will win plus a lot of luck should be on your side to win.
hero member
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February 02, 2017, 05:17:47 AM
Trading is a betting form to predict the price is up or down in the future, which can be considered as gambling, binary option traders lose or win money by trading, which is a gambling too.

Certainly, it is still risking since you don't know what will be the outcome, that is why it is more like a gambling in that form. Their only difference is in trading, the longer you do it and the more you do a research, the bigger the chance that you will predict it nearer. While in gambling it's the reverse, the more you learn it, the more you will lose.

I do not understand about trading but in my opinion is very different from gambling. because basically gambling is risky and can not use any tricks. different from a trading using calculations subuah

Both are risky that is where they are alike, but that's true, in trading you can make a calculation and sometimes it is accurate.
member
Activity: 98
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February 02, 2017, 05:10:21 AM
I do not understand about trading but in my opinion is very different from gambling. because basically gambling is risky and can not use any tricks. different from a trading using calculations subuah
hero member
Activity: 528
Merit: 500
February 02, 2017, 03:50:04 AM
Trading is a betting form to predict the price is up or down in the future, which can be considered as gambling, binary option traders lose or win money by trading, which is a gambling too.
legendary
Activity: 1120
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February 02, 2017, 03:21:57 AM
Definetly Not ,although they are same in risking money but it have a big differential systems on how can we earn and its needed skills to earn profits . Gambling is an easy money easy lose and not requires a pro skills to earn it needs more luck than a trading which is a both and longterm to earn profits and needs analyzation and patience .

It's not that bad if we are going to consider trading as gambling. Because we are risking are money or bitcoins into it. And that's why trading is also gambling together with the risk we are taking, for me. But with your point I understand what you are trying to say and that's why it's also reasonable that trading is not gambling.
It depends on your definition but actually trading is not gambling like gambling is not trading. It is very important that as a trader we have to understand the basic definition of trading and the difference between gambling and trading.

We invested an asset(bitcoin) and trade it for fiat to get the profit we are wanting, we gamble in trading but it's not gambling.

Gambling is a fun and risky activity while trading is a boring activity but more profitable for those who are doing well.
i like the last words you have said mate trading is boring for those who really doesn't have affection for making good profits, since you need to wait and chase movements and charts its really boring with so much fluctuation and no real indication why certain project will went up its very boring and disappointing task to do everyday, while in gambling just an easy 1,2,3 and everything will show results if you are lucky you will win if not you lose.
for trading you need to have good experience and knowledge, if you do not have any experience in trading then you will certainly feel boring in trading. you can enjoy and take interest in trading only if you have good experience there. more ever trading is also become more risky if you do not have any experience and knowledge about trading.
hero member
Activity: 3024
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February 01, 2017, 10:29:21 PM
Definetly Not ,although they are same in risking money but it have a big differential systems on how can we earn and its needed skills to earn profits . Gambling is an easy money easy lose and not requires a pro skills to earn it needs more luck than a trading which is a both and longterm to earn profits and needs analyzation and patience .

It's not that bad if we are going to consider trading as gambling. Because we are risking are money or bitcoins into it. And that's why trading is also gambling together with the risk we are taking, for me. But with your point I understand what you are trying to say and that's why it's also reasonable that trading is not gambling.
It depends on your definition but actually trading is not gambling like gambling is not trading. It is very important that as a trader we have to understand the basic definition of trading and the difference between gambling and trading.

We invested an asset(bitcoin) and trade it for fiat to get the profit we are wanting, we gamble in trading but it's not gambling.

Gambling is a fun and risky activity while trading is a boring activity but more profitable for those who are doing well.
i like the last words you have said mate trading is boring for those who really doesn't have affection for making good profits, since you need to wait and chase movements and charts its really boring with so much fluctuation and no real indication why certain project will went up its very boring and disappointing task to do everyday, while in gambling just an easy 1,2,3 and everything will show results if you are lucky you will win if not you lose.

You had good points there but I'm just talking about the risk and it's not that bad if there are people who thinks that way including me. But what you all had said are really true. But since you are saying that we gamble or wager our bitcoins in trading but it's not gambling, then it depends on how we are going to think and differentiate it.
hero member
Activity: 1302
Merit: 540
February 01, 2017, 10:22:25 PM
Definetly Not ,although they are same in risking money but it have a big differential systems on how can we earn and its needed skills to earn profits . Gambling is an easy money easy lose and not requires a pro skills to earn it needs more luck than a trading which is a both and longterm to earn profits and needs analyzation and patience .

It's not that bad if we are going to consider trading as gambling. Because we are risking are money or bitcoins into it. And that's why trading is also gambling together with the risk we are taking, for me. But with your point I understand what you are trying to say and that's why it's also reasonable that trading is not gambling.
It depends on your definition but actually trading is not gambling like gambling is not trading. It is very important that as a trader we have to understand the basic definition of trading and the difference between gambling and trading.

We invested an asset(bitcoin) and trade it for fiat to get the profit we are wanting, we gamble in trading but it's not gambling.

Gambling is a fun and risky activity while trading is a boring activity but more profitable for those who are doing well.
i like the last words you have said mate trading is boring for those who really doesn't have affection for making good profits, since you need to wait and chase movements and charts its really boring with so much fluctuation and no real indication why certain project will went up its very boring and disappointing task to do everyday, while in gambling just an easy 1,2,3 and everything will show results if you are lucky you will win if not you lose.
legendary
Activity: 1302
Merit: 1000
February 01, 2017, 10:15:58 PM
The person who don't have any knowledge about both of these will think that both of them are same, the person who has knowledge will not agree it because. Through gambling you winning chances are very less and there is no analysis involved in gambling. Where trading you need analyse the market, you will still make money even though you are in loss.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
February 01, 2017, 09:54:06 PM
Definetly Not ,although they are same in risking money but it have a big differential systems on how can we earn and its needed skills to earn profits . Gambling is an easy money easy lose and not requires a pro skills to earn it needs more luck than a trading which is a both and longterm to earn profits and needs analyzation and patience .

It's not that bad if we are going to consider trading as gambling. Because we are risking are money or bitcoins into it. And that's why trading is also gambling together with the risk we are taking, for me. But with your point I understand what you are trying to say and that's why it's also reasonable that trading is not gambling.
It depends on your definition but actually trading is not gambling like gambling is not trading. It is very important that as a trader we have to understand the basic definition of trading and the difference between gambling and trading.

We invested an asset(bitcoin) and trade it for fiat to get the profit we are wanting, we gamble in trading but it's not gambling.

Gambling is a fun and risky activity while trading is a boring activity but more profitable for those who are doing well.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
February 01, 2017, 09:34:40 PM
Definetly Not ,although they are same in risking money but it have a big differential systems on how can we earn and its needed skills to earn profits . Gambling is an easy money easy lose and not requires a pro skills to earn it needs more luck than a trading which is a both and longterm to earn profits and needs analyzation and patience .

It's not that bad if we are going to consider trading as gambling. Because we are risking are money or bitcoins into it. And that's why trading is also gambling together with the risk we are taking, for me. But with your point I understand what you are trying to say and that's why it's also reasonable that trading is not gambling.
hero member
Activity: 840
Merit: 502
February 01, 2017, 09:31:46 PM
- Gambling and investing are two different fields, but both have some similarities
- However, gambling is gambling, trading is trading. Because in trading we can make money based on the skills, experience, analysis, and a little luck
- But We can not make money from gambling. Gambling depends on luck, and very risky
Both require those qualities that you have mentioned but just the percentage of the composition of it changes slightly. Gambling is a lot more luck but experience, analysis and skill are also a part of it. In sports betting they all come in handy and in dice too.
I agree that in sports betting analysis and experience can be used to actually make profit out of that method of gambling but I disagree with your comment on dice, there is no way to predict what is going to happen in dice since it is a game where luck is the only factor.
well its really require good assessment in trading a lots of skill in order to analyze which project is going to be big while in gambling you can also try to use strategy to earn but without luck chances is really small, better to use your time to deal with trading just keep yourself updated with the project that you are into in order to make sure you are in good hands.
Gambling may look easy but very confusing in the long run, you will later found out that some games are rigged especially in sports betting. When you are in trading, you will learn in the long run while in gambling you will lose in the long run, that is the big difference I guess.
That is one of the greatest tricks gambling plays with our heads, gambling seems to be deceptive simple, you just need to throw a dice and if the number that appears is the right one you win a sum of money, but behind the gambling games there is lots of mathematics and probabilities that make gambling unprofitable for the players.
legendary
Activity: 2674
Merit: 1048
February 01, 2017, 09:03:24 PM
Yes I can say it that way, all the things that there is a risk the fortunes won and lost in a short time, we can say that trading is considered with gambling. Surely we must be vigilant with this.

Risk is everywhere. Even if you walk down the street there is a risk that something would happen, either good or bad. So, do we consider that gambling when we walk? I guess trading is no different. We can't consider it as gambling even if we can earn a fortune in it. It's calculated risks and that is quite different from gambling.

"Risk", that's why trading is profitable, when you can manage your risk, automatically you can earn a fortune. It's different when gambling, there's no managing risk, it's pure luck.
a little bit confusing actually if we talking about this kind topic where two things are similar but different  Huh  Roll Eyes , it is true there is nothing called managing risk in gambling , where you think lowering the odds to 70% means have lower risk too.

but the chance for you to lost will remain at 51% as it for the house edge and the rest 49% for the players.

Gambling and trading were similar in terms that they are both unpredictable whether we will gain or lose on it. It both allows us to earn and to make it profitable. This both requires skill and knowledge , the only difference is the chances we need that relates mostly in gambling.
basically gambling are guessing on something uncertain and stake money there right?

so if you say so then trading are equal to gambling , nobody knows the price will sure go up and down no matter how good your skills analyzing the market , it is like analyzing a stats between two teams in sportsbetting , am i right?
sr. member
Activity: 1638
Merit: 300
February 01, 2017, 05:23:34 PM
as for me who just starting when it comes to trading I still observe and study the market , investing in one particular coin is very risky for me because I'm not quite sure if it's gonna go up or down , for me it is considered gambling because it involved 'risks'

Thats what Im saying, everything that involve risks can be considered as a gamble. As a bitcoin user, we must be really alert on how the price are moving, it is important as a user and trader. In my case, sometimes i change my bitcoin to fiat so I can buy stuffs, so before i change it, i will check if there will be a rise or fall in that week. It is really a gamble, but trading is not a gamble that will ruin or take our money away from us.
hero member
Activity: 770
Merit: 500
February 01, 2017, 10:57:02 AM
- Gambling and investing are two different fields, but both have some similarities
- However, gambling is gambling, trading is trading. Because in trading we can make money based on the skills, experience, analysis, and a little luck
- But We can not make money from gambling. Gambling depends on luck, and very risky
Both require those qualities that you have mentioned but just the percentage of the composition of it changes slightly. Gambling is a lot more luck but experience, analysis and skill are also a part of it. In sports betting they all come in handy and in dice too.
I agree that in sports betting analysis and experience can be used to actually make profit out of that method of gambling but I disagree with your comment on dice, there is no way to predict what is going to happen in dice since it is a game where luck is the only factor.
well its really require good assessment in trading a lots of skill in order to analyze which project is going to be big while in gambling you can also try to use strategy to earn but without luck chances is really small, better to use your time to deal with trading just keep yourself updated with the project that you are into in order to make sure you are in good hands.
Gambling may look easy but very confusing in the long run, you will later found out that some games are rigged especially in sports betting. When you are in trading, you will learn in the long run while in gambling you will lose in the long run, that is the big difference I guess.
no doubt that gambling is one of the most complicated and hard way of making money, but the attractive power of bitcoin is very is very strong. people get attracted by gambling as they consider gambling the easiest and smarted way of making money, but when they inter in the world of bitcoin then they realize that gambling is just like trap and specially for nonsense people who do not have any strategy for playing gambling.
hero member
Activity: 1456
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HODLing is an art, not just a word...
February 01, 2017, 10:15:21 AM
obviously when people are new to trading and they don't think about trades they make and just do them by buying a completely random altcoin because someone on social media said it is good and then wait to get rich, it means they are gambling.
but this certainly doesn't mean trading is gambling, it only means those newbies are gambling.
because you can find good projects to invest in, trade them and make a successful career  out of trading even.
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