Pages:
Author

Topic: Can trading be likened to gambling and how so? (Read 1397 times)

legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
Yes I absolutely think trading can be linked to gambling. In many ways they are basically the same thing. There is smart, strategic gambling as well as investing and there’s also being reckless with your money.
The key here with both gambling and investing is to not take on risks that could potentially have huge negative consequences. I always recommend never playing with more money then you could afford losing. The key to all this is to minimize your risk and not overextend yourself financially.
I love the thrill of investing and gambling but I always try to be levelheaded and take responsibility for whatever decisions I make.
hero member
Activity: 2128
Merit: 658
Leading Crypto Sports Betting & Casino Platform
The Answer for your question is that please mention first which trading you are talking about as, Know trade made after the analysis or just putting a blind trade. Spor trade or the future trade. Let me explain all the trade taken after the analysis in spot is not gambling at all also the blind trade in spot is also non gambling as he is owning the asset.

One thing is certain, gambling and trading without analysis will not last long, as the deposit will be lost very quickly. And even if there is a good analysis, then besides this, there are many factors on which the success of trading and gambling victories will depend. There are unexpected outcomes of events in gambling, when that the best analysis will not save you from lose, and there are enough surprises in trading, but if there is a risk of management, then the chances of success increase. In both cases, these are very difficult areas that require good knowledge and strong nerves.
Gambling and trading share some similarities. Just as a trader takes trading risks as same as a gambler need to take the risk. However, the gambler's risk is higher than the trader. Again a trader has to make judgments to take new trade similarly a sports bettor also has to analyze  various issues. But the big difference between a gambler and a trader is that a gambler lives in complete uncertainty and a trader does not lose everything even if the price drops slightly or drastically.
hero member
Activity: 1974
Merit: 539
Leading Crypto Sports Betting & Casino Platform
Gambling is something when you put your money to get extra money in return.
Trading can be termed as similar but yes with little changes.
In trading the risk involved is minimal, and in gambling the risk is very high comparing to gambling.
In these ways it can be linked, but yes both are different, and people look into both with different perspective.

Honestly, I do see them as a bird of the same feather. At times, gambling can be very more profitable than trading especially during bad market situations like we are now. The only difference I see in both is capital maintenance. Gambling can takeaway your capital while trading can not takeaway but can touch part of it if the market depreciate.

Gambling sometimes gives you a lot of profit but only if you are lucky enough and that profit does not come often or continuously but only happens a few times out of thousands of times you gamble. But in trading the win rate is not 100% but if you have enough knowledge and experience you can also make a steady profit. I see a lot of full time traders but never have seen anyone who spends full time gambling making good profits. They still have one thing in common but if you look closely they are really different and not versions of each other.
legendary
Activity: 1904
Merit: 1176
Glory To Ukraine! Glory to the heroes!
The Answer for your question is that please mention first which trading you are talking about as, Know trade made after the analysis or just putting a blind trade. Spor trade or the future trade. Let me explain all the trade taken after the analysis in spot is not gambling at all also the blind trade in spot is also non gambling as he is owning the asset.

One thing is certain, gambling and trading without analysis will not last long, as the deposit will be lost very quickly. And even if there is a good analysis, then besides this, there are many factors on which the success of trading and gambling victories will depend. There are unexpected outcomes of events in gambling, when that the best analysis will not save you from lose, and there are enough surprises in trading, but if there is a risk of management, then the chances of success increase. In both cases, these are very difficult areas that require good knowledge and strong nerves.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
The Answer for your question is that please mention first which trading you are talking about as, Know trade made after the analysis or just putting a blind trade. Spor trade or the future trade. Let me explain all the trade taken after the analysis in spot is not gambling at all also the blind trade in spot is also non gambling as he is owning the asset.
hero member
Activity: 1190
Merit: 543
fillippone - Winner contest Pizza 2022
Trading is speculation, but that speculation is not lame as it requires an approach. Gamblers have only one agenda: they are luck-oriented and lack a strategy and plan. So, I don’t think both are linked. There is a huge mindset  and knowledge gap between the two.
A gambling trader is a person that trade without goal or daily trading journal. Some persons just keep trading without having a target or trading guide which is a bad way to trade. It is very easy for us to trade like a gambler during trading which is mostly based on guessing of the direction of a particular coin without having a concrete reason why we think the market will go in that direction.
In one or twice in our life time, we have fall in the category of trading like a gambler which may be during the time when we are still a newbie trader having the urge to trade like a pro trader with the kind of result they do have.
sr. member
Activity: 798
Merit: 364
Gambling is something when you put your money to get extra money in return.
Trading can be termed as similar but yes with little changes.
In trading the risk involved is minimal, and in gambling the risk is very high comparing to gambling.
In these ways it can be linked, but yes both are different, and people look into both with different perspective.

Honestly, I do see them as a bird of the same feather. At times, gambling can be very more profitable than trading especially during bad market situations like we are now. The only difference I see in both is capital maintenance. Gambling can takeaway your capital while trading can not takeaway but can touch part of it if the market depreciate.
jr. member
Activity: 168
Merit: 4
It's always a gamble when a man ventures into a business he knows nothing about. Every trade has its unique ways of running it and those are the things a man needs to understand to be successful in it. Without knowing this then it's a pure gamble. The same thing applies to crypto too.
member
Activity: 546
Merit: 10
Do you believe that the majority of gamblers simply enter a game and start betting? You overlooked the fact that gamblers analyze their games in the same way you do when you properly analyze a coin before buying. When it comes to sports betting, for instance, a good gambler would properly research the teams he/she wants to bet on before placing/placing his bet. A good gambler is always profitable when it comes to gambling. Similar reasoning applies to gambling on other games like casinos.
Trading, in my opinion, is gambling in disguise, the two are practically identical.
newbie
Activity: 21
Merit: 1
Trading is speculation, but that speculation is not lame as it requires an approach. Gamblers have only one agenda: they are luck-oriented and lack a strategy and plan. So, I don’t think both are linked. There is a huge mindset  and knowledge gap between the two.
hero member
Activity: 2716
Merit: 904
No they are two different things and can't be likened to each other. Gambling depends totally on luck. You either win or lose. You bet and hope that you win. In the long run, you will always lose since the casino will always have an edge. But trading is totally different. You take decisions. You can know what might happen in the future if you do proper analysis. If you are doing it right, you will be making profit in the long run trading. Sure it can be a form of gambling if you don't know what you are doing and just buying low and selling high with the hope of making profit.
Both have the same risk of losing but these two are totally different. If you trade with high knowledge and skills, most likely you will be profitable and gain decent amount of profits. While in gambling, even if you prepared a lot and gained a lot of knowledge and skills in gambling, you cannot expect for a positive outcome in the end. Gambling is a game of chance and luck, so if you don’t have that luck every time you gamble, losing will always be inevitable. Though sports betting is more on skills, but the rest of the games are played on luck based.
legendary
Activity: 3094
Merit: 1127
Well i would like to say that trading is not at all gambling especially in the case of the apot trading as in spot trading if you have investment in the Potential projects 99% it will be profitable in future and in the case of Future many factors involved here so i would like to trading is not at all gambling but future may be may not ? As In trading ( Spot Trading ) we do our analysis and make a research then make an investment for a period of time then in return we enjoy profit it cant be gambling at all.
There's no such thing about 99% because it could really be below than that and never make yourself believe with those percentages so that you wont really get that disappointed since this market is
totally unpredictable which it could really mess up your entire analysis and plans or actions because of some due factors.The best thing to be done is to set out those back up plans because most of the time those analysis of yours would be fucked up by this market.Trading is never been considered as gambling but if you do really make yourself do make out trades without even knowing on what
you are doing or doesnt even know with the basics then you are just simply making yourself a gambler behavior and this is the time you could really connect up both things.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
Well i would like to say that trading is not at all gambling especially in the case of the apot trading as in spot trading if you have investment in the Potential projects 99% it will be profitable in future and in the case of Future many factors involved here so i would like to trading is not at all gambling but future may be may not ? As In trading ( Spot Trading ) we do our analysis and make a research then make an investment for a period of time then in return we enjoy profit it cant be gambling at all.
sr. member
Activity: 2002
Merit: 250
Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.
but does a trader also just need his luck? Gambling also requires skills that must be possessed. I guess it all takes skill and luck if we're going to see how it works and the results it's going to get.
but if you look at skills, I think trading will require something more complicated to learn and understand than gambling.

It depends on your thoughts about gambling or trading. If you describe all luck, how about people who have studied charts for years. Is it all luck? does not seem. It's time for you to think in a positive way.
I do not underestimate gambling but indeed for a gambling and trading it is different,
trading is really very complicated and complex which is different from gambling which does not need to have special skills,
But again, everyone has their own opinion
full member
Activity: 591
Merit: 100
WATANABE
Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.
but does a trader also just need his luck? Gambling also requires skills that must be possessed. I guess it all takes skill and luck if we're going to see how it works and the results it's going to get.
but if you look at skills, I think trading will require something more complicated to learn and understand than gambling.

It depends on your thoughts about gambling or trading. If you describe all luck, how about people who have studied charts for years. Is it all luck? does not seem. It's time for you to think in a positive way.
hero member
Activity: 2968
Merit: 687
Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.
but does a trader also just need his luck? Gambling also requires skills that must be possessed. I guess it all takes skill and luck if we're going to see how it works and the results it's going to get.
but if you look at skills, I think trading will require something more complicated to learn and understand than gambling.
I do not think that there is any kind of luck in Trading, if we say about gambling we can say one can be lucky but in trading it is all about skills, your knowledge about the chart and about the market. It is only newbies that go to trading withluck and we all know how they end up . The difference between gambling and trading is the luck and skill difference between them.
Luck do still play a role on trading even though not necessarily because it do base up with analysis and skills but there are indeed times that you could say that you are lucky on making up such position.

I had experience for myself that i had made out orders which is totally opposing on my analysis but it did turn out to be positive which is really something that you can call lucky
but you shouldnt really make yourself believe that it would really be needed most of the time since we arent doing gambling on the first place.

Trading could only be called gambling if you dont have the slightest idea on what it is.
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.
but does a trader also just need his luck? Gambling also requires skills that must be possessed. I guess it all takes skill and luck if we're going to see how it works and the results it's going to get.
but if you look at skills, I think trading will require something more complicated to learn and understand than gambling.
I do not think that there is any kind of luck in Trading, if we say about gambling we can say one can be lucky but in trading it is all about skills, your knowledge about the chart and about the market. It is only newbies that go to trading withluck and we all know how they end up . The difference between gambling and trading is the luck and skill difference between them.
full member
Activity: 1022
Merit: 100
Meta4uStake.io
Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.
but does a trader also just need his luck? Gambling also requires skills that must be possessed. I guess it all takes skill and luck if we're going to see how it works and the results it's going to get.
but if you look at skills, I think trading will require something more complicated to learn and understand than gambling.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
With gambling this happens out of statistics and information gathered relative to the players and the teams involved. With Trading this gets completely associated with the market movements and the prediction connective to the past years.

You only pertained to a specific type of gambling which is sports betting. It is very different from slots, baccarat, and other type of games you can find on a casino or gambling website that heavily relies on luck in order to win.

Trading can also be considered gambling for me if someone trades without enough knowledge. Like some people that do leverage trading just because it can give you huge return. They don't realize how risky it is and how quick they can lose money with just small volatility.
Trading can still end up like gambling if the trader is motivated with greed. He thinks that trading is a get-rich-quick scheme so he eventually jump into trading without considering if he has gained enough knowledge and skills. And turned out losing all his funds just like gambling. While gambling is a game of chance and luck, trading is more on skills and strategies. And it takes prior useful experiences to help you succeed in trading.

trade cannot end up as a gamble, see an example:

If a person has 100$ and that person trades in bitcoin, then that person buys bitcoin at the price of 20,000$ and the price of bitcoin drops to 15000$, that person is at a loss, but he will only be at a real loss if that person sells , which means that if that person has patience for years they can recover and make a profit

If a person has 100$ and enters a casino and makes a bet that team Z is winning, but then team Z loses? this person lost the 100$, there is no middle ground, this person lost the 100$. in other words, in gamble, you win or lose everything, it is very different from the trade that you can place a stop - loss and you don't lose everything

even when someone is buying and having a loss, buying and having a loss that person will take a long time to lose everything in trading, but the same thing cannot be said in gambling, the risk of losing everything in gambling is so great that it gets scary
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
Both trading and gambling involve a lot of risk. Gambling depends entirely on luck and fortune. If the forehead is good then you can achieve good things in gambling.Again in trading platform also if you can trade with risk and if luck is good you can also profit there. If there is good fortune in the trading platform, you can also profit from it.But the key difference is that you have to take risks on both platforms.
This is their main difference

1. Trading = Investment
2. Gambling = Entertainment

Trading or any investment could turn out to be a gamble if you do lack knowledge or skills on it.
If you dont like for you trades to be acting like you are doing gambling then better start off on learning things
rather than making actions without any basis.
Pages:
Jump to: