Do you consider trading as gambling? - page 15.

ethereumhunter

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Quote from: dodgrad on March 28, 2017, 05:24:41 PM

Quote from: serjent05 on March 28, 2017, 01:08:22 AM

Trading is considered to be a gamble but the risk involved cannot be considered the same as risk in gambling. It is a gamble in a sense that you put an amount of money to it and picking a stock that you think will increase in price. In this point we are taking the gamble of either losing the investment or getting a profit from it. With the controlled risk, this difinitely make trading different from gambling games. So no, they are not the same.

You are wrong! This is not about money, but about skills! When we take a poker player with very high skills, he will do nothing with altcoin trading, and this same will happen with altcoin trader when he will start playing poker!
Everyone must find their place and use their skills in the right way!

in trading and gambling, both needs skill to do the best thing and we can make money from both activity. but the only thing that we need to know is the risk is not the same and in gambling there will be high risk that we can face it if we are loss. in trading, we can get loss too but in the other time, we have another value from our trading which is the coin can get increase in the price.

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Quote from: serjent05 on March 28, 2017, 01:08:22 AM

Trading is considered to be a gamble but the risk involved cannot be considered the same as risk in gambling. It is a gamble in a sense that you put an amount of money to it and picking a stock that you think will increase in price. In this point we are taking the gamble of either losing the investment or getting a profit from it. With the controlled risk, this difinitely make trading different from gambling games. So no, they are not the same.

You are wrong! This is not about money, but about skills! When we take a poker player with very high skills, he will do nothing with altcoin trading, and this same will happen with altcoin trader when he will start playing poker!
Everyone must find their place and use their skills in the right way!

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Trading is considered to be a gamble but the risk involved cannot be considered the same as risk in gambling. It is a gamble in a sense that you put an amount of money to it and picking a stock that you think will increase in price. In this point we are taking the gamble of either losing the investment or getting a profit from it. With the controlled risk, this difinitely make trading different from gambling games. So no, they are not the same.

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Quote from: doaremon on March 28, 2017, 12:30:12 AM

Nope not at all. Trading is alike business. If you know the market you can make money doing business, same goes for trading. if you know the market and see the past analysis trading can bring you money. And gambling is whole different in this case. Business and gambling is not same, So trading is not same as well

you are right but still you can surely say that trading and gambling both are not same or identical thing because I myself feeling in my life that trading is also like a gambling .
Since the results in the Gambling are speeder but in the trading usually the results takes more time to give profit and sometimes got results into loss Because of remove of that altcoin from the exchange due to inactivity of trade .
So this is like a gambling also but if we did trading in better way then I don't think we will get any big loss like gambling .

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Quote from: Sniper150 on March 27, 2017, 07:55:10 AM

Quote from: Mitchow on February 25, 2016, 09:06:31 AM

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.

Yes, you are right they are both the same. Similar in that they both attempt to create a capital gain. Trading and gambling involve capital transfer without capital creation they are viewed skeptically, especially when their outcomes are unpredictable.

Trading is not a gambling in a sense that person can only lose some part of investment but in gambling chances of losing money become double. Trading required experience and if you have enough experience than you will have your invested money back with some profit while in case of gambling only luck matter, if you are lucky enough than you will win or lose your money.

doaremon

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Nope not at all. Trading is alike business. If you know the market you can make money doing business, same goes for trading. if you know the market and see the past analysis trading can bring you money. And gambling is whole different in this case. Business and gambling is not same, So trading is not same as well

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Quote from: boyptc on March 27, 2017, 10:54:21 PM

Quote from: virtualkeybuyer on March 27, 2017, 06:44:06 AM

Quote from: boyptc on March 26, 2017, 09:48:21 PM

Quote from: llanillo on March 26, 2017, 09:11:58 PM

If you jump into trading without any knowledge and skills then there will be no difference between trading and gambling as in both cases you are depending only on luck to make profits which can be really risky so its always good to get into trading only after learning and gaining some knowledge about the market.

Yeah that's acceptable to consider that you are actually wasting your bitcoin and as well as your time, the same thing with gambling. As we gamble, we tend to aim for profit no matter how does the game goes if you lack of those things then in the end you are just doing the same thing.

If we think for those things which you mentioned then yes at that point we come together in gambling and trading. If a person will have knowledge and skills then there is no any risk in trading the same also happen in betting for sports in which if we have knowledge about the team and sports then we will win depending on our skills and experience.

If a person does have enough knowledge and skills with trading still there's a risk for it. We may not know that we are guaranteed to had good profit as we trade. As you mentioned with sports betting, look on it though we had exceptional prediction skills and analysis still we can't say that we have guarantee to earn a lot from it.

as long as you put your money on certain event you could always consider it as gambling , that's my opinion. in trading a lot of people believe that the market are really predictable if you do a lot of research based on many factors , then it wasn't uncertain as it closer to predictable with its analysis/research . but when you trading with zero knowledge and zero effort to do research you may have to consider it as gambling.

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Quote from: erwin45hacked on March 27, 2017, 06:02:41 AM

Quote from: chixka000 on March 27, 2017, 05:16:18 AM

Quote from: Pettuh4 on March 26, 2017, 07:19:54 AM

So far as trading involves risk I see it as gambling too even through the risk of losing out in trading is moderate compared to gambling games which can empty your pocket at an instance.

Trading can as well empty your pocket at an instance. I think the only difference here is the risk. Gambling can double or lose your money on a short period of time while in trading you can choose to take risk in a long period of time

Have you ever see someone lose everything while trading in an instance? Never . If you purchase altcoin at 0.001 / altcoin and the price drop down to 100 satoshi / altcoin then you are still getting some satoshi in your pocket. Gambling is completely different, you either win the amount you desire or lose everything

yes that is right but i think if the value of your alt coin will drop to such a low value its mean that it is going to become worthless and can turn as dead. and then there is no meaning if you keep it for a long time. no one will be ready to buy it from you. so it is more important to be very careful while choose a coin for trading.

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Quote from: virtualkeybuyer on March 27, 2017, 06:44:06 AM

Quote from: boyptc on March 26, 2017, 09:48:21 PM

Quote from: llanillo on March 26, 2017, 09:11:58 PM

If you jump into trading without any knowledge and skills then there will be no difference between trading and gambling as in both cases you are depending only on luck to make profits which can be really risky so its always good to get into trading only after learning and gaining some knowledge about the market.

Yeah that's acceptable to consider that you are actually wasting your bitcoin and as well as your time, the same thing with gambling. As we gamble, we tend to aim for profit no matter how does the game goes if you lack of those things then in the end you are just doing the same thing.

If we think for those things which you mentioned then yes at that point we come together in gambling and trading. If a person will have knowledge and skills then there is no any risk in trading the same also happen in betting for sports in which if we have knowledge about the team and sports then we will win depending on our skills and experience.

If a person does have enough knowledge and skills with trading still there's a risk for it. We may not know that we are guaranteed to had good profit as we trade. As you mentioned with sports betting, look on it though we had exceptional prediction skills and analysis still we can't say that we have guarantee to earn a lot from it.

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Quote from: traderethereum on March 27, 2017, 12:59:43 PM

Quote from: J Gambler on March 27, 2017, 10:57:00 AM

Quote from: Sniper150 on March 27, 2017, 07:55:10 AM

Quote from: Mitchow on February 25, 2016, 09:06:31 AM

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.

Yes, you are right they are both the same. Similar in that they both attempt to create a capital gain. Trading and gambling involve capital transfer without capital creation they are viewed skeptically, especially when their outcomes are unpredictable.

The difference between on that too is the fastest way to earn capital is on gambling both needs capital but you can earn there consistent income in gambling not unlike in trading you need to choose when your money will be in long run or in short run and it is depends on the coins right?

beside the fastest way to earn capital, both of gambling and trading is the fastest way to loss our money if we are make some mistake. but for me, i think trading with skill base is not as gambling and we can still makes money for short term and long term so there is a good way for us to earn more profit from trading.

but gambling also can get more profits in the short term the difference indeed trading require skill base and gambling luck. trading as gambling game because both can equally be based on the calculation and analysis or based on mere luck

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Quote from: J Gambler on March 27, 2017, 10:57:00 AM

Quote from: Sniper150 on March 27, 2017, 07:55:10 AM

Quote from: Mitchow on February 25, 2016, 09:06:31 AM

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.

Yes, you are right they are both the same. Similar in that they both attempt to create a capital gain. Trading and gambling involve capital transfer without capital creation they are viewed skeptically, especially when their outcomes are unpredictable.

The difference between on that too is the fastest way to earn capital is on gambling both needs capital but you can earn there consistent income in gambling not unlike in trading you need to choose when your money will be in long run or in short run and it is depends on the coins right?

beside the fastest way to earn capital, both of gambling and trading is the fastest way to loss our money if we are make some mistake. but for me, i think trading with skill base is not as gambling and we can still makes money for short term and long term so there is a good way for us to earn more profit from trading.

STT

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Quote from: boyptc on March 26, 2017, 09:48:21 PM

Yeah that's acceptable to consider that you are actually wasting your bitcoin and as well as your time, the same thing with gambling. As we gamble, we tend to aim for profit no matter how does the game goes if you lack of those things then in the end you are just doing the same thing.

They are related in having unknown risks but with the possibility to use judgement to increase the possibility of gaining a profit. The difference with trading and why its supposed to be superior is there is no limit to the data you might gain on an investment or trading scenario. There is a limit to the physical ability to judge a roll of a dice, it is effectively random with incalculable odds and of course online its beyond sight but you can still weight the possibles based on previous results and everyone does this consciously or not.

You can apply maths to both trading and gambling but neither will be known exactly, they are not that directly related most of the time except for requiring quick judgement and a good nerve perhaps so there is a skill set overlap

Osarman

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Quote from: J Gambler on March 27, 2017, 10:57:00 AM

Quote from: Sniper150 on March 27, 2017, 07:55:10 AM

Quote from: Mitchow on February 25, 2016, 09:06:31 AM

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.

Yes, you are right they are both the same. Similar in that they both attempt to create a capital gain. Trading and gambling involve capital transfer without capital creation they are viewed skeptically, especially when their outcomes are unpredictable.

The difference between on that too is the fastest way to earn capital is on gambling both needs capital but you can earn there consistent income in gambling not unlike in trading you need to choose when your money will be in long run or in short run and it is depends on the coins right?

yeah we can easily earning profit through gambling in short time and gambling is really a fastest option to earn bitcoin and i think gambling is much more better than trading.

J Gambler

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Quote from: Sniper150 on March 27, 2017, 07:55:10 AM

Quote from: Mitchow on February 25, 2016, 09:06:31 AM

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.

Yes, you are right they are both the same. Similar in that they both attempt to create a capital gain. Trading and gambling involve capital transfer without capital creation they are viewed skeptically, especially when their outcomes are unpredictable.

The difference between on that too is the fastest way to earn capital is on gambling both needs capital but you can earn there consistent income in gambling not unlike in trading you need to choose when your money will be in long run or in short run and it is depends on the coins right?

blockman

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I don't consider trading as gambling because they are very far from each other. The way on how gambling games are being played, they are not the same. So in my own point even they had the same risk, they are completely different. Trading is better if you are into getting profit but gambling we know is not the best way for it, it's opposite.

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Quote from: Mitchow on February 25, 2016, 09:06:31 AM

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.

Yes, you are right they are both the same. Similar in that they both attempt to create a capital gain. Trading and gambling involve capital transfer without capital creation they are viewed skeptically, especially when their outcomes are unpredictable.

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Quote from: erwin45hacked on March 27, 2017, 06:02:41 AM

Quote from: chixka000 on March 27, 2017, 05:16:18 AM

Quote from: Pettuh4 on March 26, 2017, 07:19:54 AM

So far as trading involves risk I see it as gambling too even through the risk of losing out in trading is moderate compared to gambling games which can empty your pocket at an instance.

Trading can as well empty your pocket at an instance. I think the only difference here is the risk. Gambling can double or lose your money on a short period of time while in trading you can choose to take risk in a long period of time

Have you ever see someone lose everything while trading in an instance? Never . If you purchase altcoin at 0.001 / altcoin and the price drop down to 100 satoshi / altcoin then you are still getting some satoshi in your pocket. Gambling is completely different, you either win the amount you desire or lose everything

You make a good case there with not being able to lose everything. This does not mean that something only qualifies as gambling when you are able to lose absolutely everything though.
For instance, if you follow strict bankroll management, you will not lose everything ever, but you are still gambling.

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Quote from: boyptc on March 26, 2017, 09:48:21 PM

Quote from: llanillo on March 26, 2017, 09:11:58 PM

If you jump into trading without any knowledge and skills then there will be no difference between trading and gambling as in both cases you are depending only on luck to make profits which can be really risky so its always good to get into trading only after learning and gaining some knowledge about the market.

Yeah that's acceptable to consider that you are actually wasting your bitcoin and as well as your time, the same thing with gambling. As we gamble, we tend to aim for profit no matter how does the game goes if you lack of those things then in the end you are just doing the same thing.

If we think for those things which you mentioned then yes at that point we come together in gambling and trading. If a person will have knowledge and skills then there is no any risk in trading the same also happen in betting for sports in which if we have knowledge about the team and sports then we will win depending on our skills and experience.

erwin45hacked

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Quote from: chixka000 on March 27, 2017, 05:16:18 AM

Quote from: Pettuh4 on March 26, 2017, 07:19:54 AM

So far as trading involves risk I see it as gambling too even through the risk of losing out in trading is moderate compared to gambling games which can empty your pocket at an instance.

Trading can as well empty your pocket at an instance. I think the only difference here is the risk. Gambling can double or lose your money on a short period of time while in trading you can choose to take risk in a long period of time

Have you ever see someone lose everything while trading in an instance? Never . If you purchase altcoin at 0.001 / altcoin and the price drop down to 100 satoshi / altcoin then you are still getting some satoshi in your pocket. Gambling is completely different, you either win the amount you desire or lose everything

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Quote from: Pettuh4 on March 26, 2017, 07:19:54 AM

So far as trading involves risk I see it as gambling too even through the risk of losing out in trading is moderate compared to gambling games which can empty your pocket at an instance.

Trading can as well empty your pocket at an instance. I think the only difference here is the risk. Gambling can double or lose your money on a short period of time while in trading you can choose to take risk in a long period of time

Topic: Do you consider trading as gambling? - page 15. (Read 47343 times)