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Topic: Can trading be considered as gambling?? - page 55. (Read 21310 times)

hero member
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January 03, 2017, 06:57:22 AM
It's almost the same , for me personally it's the same. In trading you are trying to predict the market moves as in gambling you are trying to predict an outcome of a sport event. There's no much difference in both situations. Surely in trading you have more news to back your choice but in the end you are still relying on luck to come out victorious.

I agree with you. Both activities are similar in some aspects. In both you need to predict the results of the market or of the numbers, in both you can make a lot of profit and become rich, in both you can work at home on internet.
I prefer gambling, because I know how to do it better, but I know trading is profitable too and many forum members are earning money this way.

I am agree with your first point, that both have similarity because doing the trading and playing the gambling have a same way, we can judge it and do it.
But i am disagree with your second point that both are profitable ways for many time, I accept it trading can be profitable but it need long time, it is hard we earn profit on everyday. And secondly, gambling can't be a profitable and help us to become rich, because i have play gambling since last 2 years, but still i can't see anyone who become rich from only behalf of gambling.
hero member
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January 03, 2017, 03:46:59 AM
I consider trading as a professional activity. It requires analysis, research and others knowledges. Gambling you just require luck. But yes, maybe there is a thin line between then. It depends on how you do trading.
Yes I agree with you that there is no doubt about this that gambling is a professional activity, trading can be consider as profession, because in trading you need good study analysis and trading skill with previous experience, while in gambling you need just your luck and nothing else.

However you gain knowledge and make trades, luck too is needed to give better profit. The person who get into trade over the past few days need just the investment to buy, the increasing price automatically gives the profit on selling. Here luck is the factor which decides the success. Whether gambling or trading, to certain extent luck is truly important similar to strategies made through researches.

Well i think lucks leans more on the gambling part than when you trade. As was indicated earlier, being a trader is a legitimate, serious profession as to being a gambler. Anyone could be a good trader by researching and having information about alt coins and how it moves. Your chances of earning also grows bigger the longer ypu're exposed to trading. While with gambling, this can also be appliccable but on certain games only. Though both is affected by how lucky you can be, trading puts a lot more control in your own hands
legendary
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January 02, 2017, 01:11:06 PM
I consider trading as a professional activity. It requires analysis, research and others knowledges. Gambling you just require luck. But yes, maybe there is a thin line between then. It depends on how you do trading.
Yes I agree with you that there is no doubt about this that gambling is a professional activity, trading can be consider as profession, because in trading you need good study analysis and trading skill with previous experience, while in gambling you need just your luck and nothing else.

However you gain knowledge and make trades, luck too is needed to give better profit. The person who get into trade over the past few days need just the investment to buy, the increasing price automatically gives the profit on selling. Here luck is the factor which decides the success. Whether gambling or trading, to certain extent luck is truly important similar to strategies made through researches.
full member
Activity: 303
Merit: 112
January 02, 2017, 12:41:13 PM
It's almost the same , for me personally it's the same. In trading you are trying to predict the market moves as in gambling you are trying to predict an outcome of a sport event. There's no much difference in both situations. Surely in trading you have more news to back your choice but in the end you are still relying on luck to come out victorious.

I agree with you. Both activities are similar in some aspects. In both you need to predict the results of the market or of the numbers, in both you can make a lot of profit and become rich, in both you can work at home on internet.
I prefer gambling, because I know how to do it better, but I know trading is profitable too and many forum members are earning money this way.
legendary
Activity: 1232
Merit: 1029
January 02, 2017, 12:26:46 PM
I consider trading as a professional activity. It requires analysis, research and others knowledges. Gambling you just require luck. But yes, maybe there is a thin line between then. It depends on how you do trading.
Yes I agree with you that there is no doubt about this that gambling is a professional activity, trading can be consider as profession, because in trading you need good study analysis and trading skill with previous experience, while in gambling you need just your luck and nothing else.
sr. member
Activity: 420
Merit: 250
January 02, 2017, 11:10:33 AM
It's almost the same , for me personally it's the same. In trading you are trying to predict the market moves as in gambling you are trying to predict an outcome of a sport event. There's no much difference in both situations. Surely in trading you have more news to back your choice but in the end you are still relying on luck to come out victorious.
legendary
Activity: 1400
Merit: 1009
January 02, 2017, 10:58:40 AM
I don't consider trading as gambling. Trading needs more thoughts and more experiences but no fortune.
Trading is also considered as legitimate work but no longer gambling. Many countries restricted gambling.

me too , i agree to you that trading is more different in gambling but both needs luck too, Many gamblers are trying to trade because their countries has banned gambling , They cant gamble even if online.
Trading requires a bit of knowledge to be successful and it's not meant for everyone. if online gambling sites are banned in your country, use vpns.(there are many free ones available, but i recommend to use a paid one)
hero member
Activity: 1470
Merit: 655
January 02, 2017, 09:57:02 AM
I don't consider trading as gambling. Trading needs more thoughts and more experiences but no fortune.
Trading is also considered as legitimate work but no longer gambling. Many countries restricted gambling.

me too , i agree to you that trading is more different in gambling but both needs luck too, Many gamblers are trying to trade because their countries has banned gambling , They cant gamble even if online.

anybody who goes to trading because they can not gamble (choosing trading as a substitute to gambling) they will end up losing money because there are certain things in trading world that may seem easy from the outside but when you have your money in it you will realize that things weren't as easy as they seemed and loss is more dominant for the inexperienced.
legendary
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January 02, 2017, 09:48:49 AM
It really good that you stopped gambling. Congrats to the OP! I think gambling is different from trading, because in trading you can at least know some stuff and the experience can help you. However, I guess trading is risky and a lot about probability and being unpredictable as well. So maybe you should slowly stop doing it and think of it as of some electronic cigarette or something.
legendary
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January 02, 2017, 09:33:53 AM
I don't consider trading as gambling. Trading needs more thoughts and more experiences but no fortune.
Trading is also considered as legitimate work but no longer gambling. Many countries restricted gambling.

me too , i agree to you that trading is more different in gambling but both needs luck too, Many gamblers are trying to trade because their countries has banned gambling , They cant gamble even if online.
hero member
Activity: 1820
Merit: 537
January 02, 2017, 09:25:58 AM
Yes ,but it will depends on how we saw trading compare to gambling or vise versa .Trading is an investment but which is not like gambling that you can play and it is not an easy money to get on.For me it can be called also a gambling because you risk your money to bet or buy some coins ,in some point it can be also a business if you can create moneys overall every week or month .
full member
Activity: 168
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January 02, 2017, 09:25:18 AM
I don't consider trading as gambling. Trading needs more thoughts and more experiences but no fortune.
Trading is also considered as legitimate work but no longer gambling. Many countries restricted gambling.
hero member
Activity: 756
Merit: 505
January 02, 2017, 09:15:03 AM
Yes and no. There are quite a lot of differences when it comes to trading and gambling. In trading, you have much more chances of earning if you really know what you are doing. But in gambling, the chances are the same. What is common in the two of them are that in both, you don't know what will be the outcome in the few seconds/minutes/hours.
hero member
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January 02, 2017, 08:47:39 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.

Both are two separate course of action but in them, one can win and lose as well but the difference is the process of achieving the end. In the case of gambling, the amount put in can be lost at once at the same time, you can make excess in just one trial but not same in trading, its a gradual process whether winning or losing.

Well it's not only that. For me trading, in general, gives you a much better chance of earning basing on experience. I've just learned trading this year and I've been gambling since I was young. You're right, with gambling, you can win or lose money in the blink of an eye while in trading, it may take days, even months to see results. But trading has a way better chance of earning in a much more secure way than gambling. In a way you can make sure about earning by studying and doing research about the movement of coins and about what coins are dependable to invest on. So by experience, there are some similarities about gambling and trading but ultimately trading is more preferable if you're serious about earning
sr. member
Activity: 476
Merit: 254
January 02, 2017, 04:40:03 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.

Both are two separate course of action but in them, one can win and lose as well but the difference is the process of achieving the end. In the case of gambling, the amount put in can be lost at once at the same time, you can make excess in just one trial but not same in trading, its a gradual process whether winning or losing.
hero member
Activity: 798
Merit: 506
January 02, 2017, 03:58:44 AM
Most of peoples believe that both are equal mean call trading is also gambling but mostly its not because trading need too many analysis research and business environment but gambling mostly need just luck

If I'm not wrong similar question is already asked on this thread.

If one trade without trading knowledge then it will be almost same as gambling and that's why some people thinks it is same. But if one trade with knowledge than they can have better chances of making a profit in trading.

There is a similar thread https://bitcointalksearch.org/topic/do-you-consider-trading-as-gambling-1376803
Better to read or do 'search' before open up new similar thread.
Both of them, whether gambling or trading require capital to bet.
So, trading consider as gambling too, as long there are some money at stake.
hero member
Activity: 700
Merit: 500
January 02, 2017, 03:37:30 AM
I consider trading as a professional activity. It requires analysis, research and others knowledges. Gambling you just require luck. But yes, maybe there is a thin line between then. It depends on how you do trading.

Not all traders did deep research and analysis, they do buy and sell based on their feeling only. On such cases, trading can be considered as gambling, but for those who did trading in the right paths(do research, analysis etc), they arent gamblers!

I agree, a trader can be considered as a gambler if he bought something to trade without even researching about it first. He only depends on his luck to earn profit from it. While a real trader do some research first before buying and analyzing how to earn profit from it. The risk of losing of a real trader is smaller than a trader who gamble his money without knowing if he would really earn profit.
legendary
Activity: 1904
Merit: 1000
January 01, 2017, 07:56:13 PM
I consider trading as a professional activity. It requires analysis, research and others knowledges. Gambling you just require luck. But yes, maybe there is a thin line between then. It depends on how you do trading.

Not all traders did deep research and analysis, they do buy and sell based on their feeling only. On such cases, trading can be considered as gambling, but for those who did trading in the right paths(do research, analysis etc), they arent gamblers!
hero member
Activity: 560
Merit: 500
January 01, 2017, 06:31:11 PM
I consider trading as a professional activity. It requires analysis, research and others knowledges. Gambling you just require luck. But yes, maybe there is a thin line between then. It depends on how you do trading.

Though I have never done much trading but surely trading means buying and selling something but gambling is risking money on your decisions.
we never heard from some one that trading is banned in their areas but if we speak about gambling in most of the area we heard that gambling is consider as illegal activity in their area and is banned, and if some one caught playing gambling then he will be charge for it.
I've heard of places where gambling, in fact, is considered as an illegal activity. But I think there are just a few countries where it's illegal, in most of them trading is a legal activity, and I believe that governments are happy with this, since they have one more way to collect taxes.
hero member
Activity: 630
Merit: 500
January 01, 2017, 04:23:24 PM
I consider trading as a professional activity. It requires analysis, research and others knowledges. Gambling you just require luck. But yes, maybe there is a thin line between then. It depends on how you do trading.
yes that is a face, trading is really a professional activity while gambling can not be consider as professional activity, because gambling is banned in so many countries and is consider as illegal activity in so many religions.
to me i think there is only one factor common in them and that is the risk factory, otherwise trading is a profession and gambling is just a activity for making money and nothing else.
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