Can trading be considered as gambling?? - page 49.

nikona

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Quote from: conected on January 27, 2017, 08:56:04 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.

conected

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- 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

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Quote from: btcdiggingmaster on January 26, 2017, 11:39:08 PM

In both sectors there is risk involved but in trading buying and selling will be in your control, but were as in gambling it depends on luck. When compared to gambling little bit safe because even though we will make money even the price decreases but where as in gambling it is possible once we bet either we will win or loose.

There is a big different in trading from gambling. You can be successful in buying and selling coins, you always make a wise decision. In gambling, you will never know when you will win and if your luck will come and help you especially you are playing against the house edge.

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Quote from: GoodLuck2 on January 26, 2017, 11:06:41 PM

i do not consider that gambling as trading because gambling is risky and maximize the risk and trading has too much low risk and trading minimize the risk because bitcoin price increase too much faster day by day so trade is much more different from gambling.

In both sectors there is risk involved but in trading buying and selling will be in your control, but were as in gambling it depends on luck. When compared to gambling little bit safe because even though we will make money even the price decreases but where as in gambling it is possible once we bet either we will win or loose.

The_Dark_Knight

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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.

If you trade with the knowledge you have acquired reading books and practicing then it is not gambling but an investment, but if you trade based on hunches or by relying on your luck then it is no different than gambling.

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Quote from: GoodLuck2 on January 26, 2017, 11:06:41 PM

i do not consider that gambling as trading because gambling is risky and maximize the risk and trading has too much low risk and trading minimize the risk because bitcoin price increase too much faster day by day so trade is much more different from gambling.

There is no guaranty that bitcoin prices always go high, so you should trade carefully. Because bitcoin prices were 1000+ long back, and after that fall only recently it has reached that level. So try to learn how trading works before jumping into it with big investments. As you said bitcoins, prices are very volatile so you may make a good profit in quick time and the same time you may lose your investments quite fast as well.

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i do not consider that gambling as trading because gambling is risky and maximize the risk and trading has too much low risk and trading minimize the risk because bitcoin price increase too much faster day by day so trade is much more different from gambling.

LuanX3

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Quote from: BlockEye on January 26, 2017, 08:06:34 PM

Quote from: EdenHazard on January 26, 2017, 07:38:15 PM

Quote from: avatar_kiyoshi on January 26, 2017, 02:33:28 PM

Quote from: LuanX3 on January 25, 2017, 10:01:57 AM

Quote from: Liang_Kubur on January 25, 2017, 05:18:59 AM

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

, 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.

Actually that is not a similarity of theirs. In gambling you have a fixed change so it's actually predictable but the chances are you are losing more than you are winning. Then for trading, that is where there is really unpredictability when it comes to trading coins as there is really no basis for their growth or decline as it only driven by demand and supply.

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on your case, the gambling is very different with your trading activity because you use your skills not only use luck, gambling and trading is different way to make money trading is sell and buy activity if gambling is about lose or win depends on house edge and luck, but the same thing about gambling and trading is risky activity (imo)

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Quote from: EdenHazard on January 26, 2017, 07:38:15 PM

Quote from: avatar_kiyoshi on January 26, 2017, 02:33:28 PM

Quote from: LuanX3 on January 25, 2017, 10:01:57 AM

Quote from: Liang_Kubur on January 25, 2017, 05:18:59 AM

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

, 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.

EdenHazard

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Quote from: avatar_kiyoshi on January 26, 2017, 02:33:28 PM

Quote from: LuanX3 on January 25, 2017, 10:01:57 AM

Quote from: Liang_Kubur on January 25, 2017, 05:18:59 AM

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

, 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.

klf

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Quote from: avatar_kiyoshi on January 26, 2017, 02:33:28 PM

Quote from: LuanX3 on January 25, 2017, 10:01:57 AM

Quote from: Liang_Kubur on January 25, 2017, 05:18:59 AM

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.

It is not so easy to manage your risks in trading particularly if one is not monitoring markets very closely. Many experts lost a lot of money in trading so investors should be very careful when they go to trading and never depends on anyone's tips to trade. First, try to learn at least basics first because I saw many people jump to trading without any basics of trading and lost a lot of money.

LuanX3

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Quote from: GreenBits on January 26, 2017, 06:49:11 PM

Quote from: avatar_kiyoshi on January 26, 2017, 02:33:28 PM

Quote from: LuanX3 on January 25, 2017, 10:01:57 AM

Quote from: Liang_Kubur on January 25, 2017, 05:18:59 AM

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.

Every earning method they have a risk just take the risk properly.Gambling and trading is both have a risk but they are some differences like in gambling its need luck unlike trading it need your analytical skill and prediction skill.

Risk should equal reward. That has been thought in economics and business for quite sometime. If the rewards or profit does not proportionally equal your risks then that venture is totally just a waste of time. Managing risks is how we can earn money and that is what we need to do and perfect. We can't profit from gambling, trading is much better though.

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Quote from: avatar_kiyoshi on January 26, 2017, 02:33:28 PM

Quote from: LuanX3 on January 25, 2017, 10:01:57 AM

Quote from: Liang_Kubur on January 25, 2017, 05:18:59 AM

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.

Every earning method they have a risk just take the risk properly.Gambling and trading is both have a risk but they are some differences like in gambling its need luck unlike trading it need your analytical skill and prediction skill.

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Quote from: LuanX3 on January 25, 2017, 10:01:57 AM

Quote from: Liang_Kubur on January 25, 2017, 05:18:59 AM

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.

lite

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Quote from: lorylore on January 25, 2017, 10:10:30 AM

The sad thing that i keep seeing is that a lot of people are treating trading as gambling. This is totally a wrong concept and the reason behind this is the lack of knowledge.

Gambling is mainly depend on your luck whereas trading depends a lot on your skills. If you buy into btc because the price is rising, you are gambling because you know nothing and just follow the crowd. However, if you know what bitcoin can do and what is the advantage, you can understand why btc will rise in price and know if the trend is rising too high or steady rate.

Yes, any investment done without any prior knowledge is pure gamble. one should always do some research before investing into anything whether it be bitcoin/altcoin ico.

rizkyhiw

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Quote from: mirakal on January 25, 2017, 12:06:43 AM

Quote from: rizkyhiw on January 24, 2017, 06:52:32 PM

Quote from: BitDane on January 22, 2017, 12:22:33 AM

Quote from: SparkedDev on January 21, 2017, 11:41:52 PM

This can be a very tricky question to answer.
Yes and no with gambling you have some idea what your up against.
In trading well it can be emotionally driven or be powered by speculative investment in things.
Which if they get scared well you could lose a lot of money ive seen it happen many times.

Well it can be said easily with, it depends on the person who is trading. If the person is trading blindly, meaning that person does not have any knowledge about trading at all then it is considered as gamble. He is betting on his luck in buying random stocks and wish it increase in price.

Trading baseless will sure make you gambling there on price
Simply there is a contrast difference between both thing
And people usually think that trading more reasonable to earn money
Compared to gambling that mostly uncertain.

With that way of trading then it is better to gamble at all, at least in gambling you will be able to have fun and you still have a small chance to win. Trading should be treated seriously as it is one of the most legitimate way to make money online, you have to study the basics and always carry our your plans by strictly following it.

Yeah of course it is , everyone i guess have know it already
They know trading sometimes will feel like gambling , when a trader frustated then they will try to guessing randomly
And voila! They start thinking about to gambling instead
This is often happened to us right? Especially when you have experienced how big gambling rewards attracts people.

lorylore

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The sad thing that i keep seeing is that a lot of people are treating trading as gambling. This is totally a wrong concept and the reason behind this is the lack of knowledge.

Gambling is mainly depend on your luck whereas trading depends a lot on your skills. If you buy into btc because the price is rising, you are gambling because you know nothing and just follow the crowd. However, if you know what bitcoin can do and what is the advantage, you can understand why btc will rise in price and know if the trend is rising too high or steady rate.

Oilacris

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Quote from: LuanX3 on January 25, 2017, 10:01:57 AM

Quote from: Liang_Kubur on January 25, 2017, 05:18:59 AM

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.

It would really be a calculated risk if you are knowledgeable on doing trading but if you are the one who tends to jump on trading without any knowledge then it would be like a gambling since you dont know on what you are doing therefore you are just throwing your money.I do agree with you Risk is everywhere thats why we should now on how to lessen those risk.

LuanX3

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Quote from: Liang_Kubur on January 25, 2017, 05:18:59 AM

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.

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