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Topic: Do you consider trading as gambling? - page 16. (Read 47343 times)

hero member
Activity: 1106
Merit: 501
March 27, 2017, 05:10:43 AM
Hey people,

I've always been a huge gambler. I like creating useless schemes (as we all know bank always win ^^) and betting whole nights long in order to find THE right way of betting.
But I need change, I can't bet over and over on the same game cause after I see that nothing can be done to change the odds, I'm bored.

So I thought a bit about trading and I started not so long ago. and it feels a bit like a betting game without knowing the odds and with an infinity of parameters!

Does anyone else takes trading as a gambling game? Smiley

Yeah it totally have some risk same as gambling, but as you can see trading is safer than gambling because you can't lose all your money through trading you might lose some but it won't be that much unless you just buy anything that comes up to your mind, and in trading there is some strategies that is applicable while in gambling your luck is your only chance. But if have some control in yourself then you can gain lots of profit through gambling.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
March 27, 2017, 04:39:51 AM
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.

Gambling is surely a waste of time and money and it will never give you positive results in long run but if you invest some time in learning trading then it can help you in making good profits on regular basis and there is less risk involved in trading in compare to gambling.

Not the whole gambling, it will be a waste of time if you are going to do it without even thinking. Just like in trading, you will trade without appropriate knowledge then you are actually gambling in the wrong way. And additional, there are people that are making bucks out of gambling and they are very few in this world, gambling is just really for them.
Those few people who are fortubate in gambling are those people whose patient and strategic enough. Gambling isn't waste of time since once you hit the small percentage of winning, all of your lose can be recovered. Gambling is very significant for people who doesn't have bunch of money to be traded. Thus, for by simply gambling, they can still have an oportunity to gain a huge profit which would give them a foundation to succeed in their life.

We can't tell if those people who are fortunate in gambling are simply patient and strategic. As long as they are going to know what they are doing, and they can simplify trading and gambling. Yes, gambling is good for everyone that has enough money to gamble and wants to make themselves had fun for a while and trading is good for those who really wants to get profit.
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
March 27, 2017, 12:10:49 AM
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.

Gambling is surely a waste of time and money and it will never give you positive results in long run but if you invest some time in learning trading then it can help you in making good profits on regular basis and there is less risk involved in trading in compare to gambling.

Not the whole gambling, it will be a waste of time if you are going to do it without even thinking. Just like in trading, you will trade without appropriate knowledge then you are actually gambling in the wrong way. And additional, there are people that are making bucks out of gambling and they are very few in this world, gambling is just really for them.
Those few people who are fortubate in gambling are those people whose patient and strategic enough. Gambling isn't waste of time since once you hit the small percentage of winning, all of your lose can be recovered. Gambling is very significant for people who doesn't have bunch of money to be traded. Thus, for by simply gambling, they can still have an oportunity to gain a huge profit which would give them a foundation to succeed in their life.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
March 26, 2017, 10:44:51 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.

Gambling is surely a waste of time and money and it will never give you positive results in long run but if you invest some time in learning trading then it can help you in making good profits on regular basis and there is less risk involved in trading in compare to gambling.

Not the whole gambling, it will be a waste of time if you are going to do it without even thinking. Just like in trading, you will trade without appropriate knowledge then you are actually gambling in the wrong way. And additional, there are people that are making bucks out of gambling and they are very few in this world, gambling is just really for them.
sr. member
Activity: 1204
Merit: 272
1xbit.com
March 26, 2017, 10:23:53 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.

Gambling is surely a waste of time and money and it will never give you positive results in long run but if you invest some time in learning trading then it can help you in making good profits on regular basis and there is less risk involved in trading in compare to gambling.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
March 26, 2017, 09:48:21 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.
hero member
Activity: 3052
Merit: 685
March 26, 2017, 09:24:33 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.
That's a very dangerous move, I guess we can barely see that kind of people who's into trading that does not understand that assets they are trading.
It's different in gambling because even if you will not do enough research as long as you enjoy the game you'll probably last without minding your
loses.

Trading also is risky but it's not gambling for the information of everyone, in fact we can have a long term success in trading which is hard to do in gambling.
full member
Activity: 238
Merit: 100
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.
sr. member
Activity: 966
Merit: 274
March 26, 2017, 09:08:33 PM
Trade And gambling is 2 different things. They have a risk, but trading has a smaller risk than gambling. Trading is a business, while gambling is a game. I think, a better future if we are in the world trade rather than on gambling. Trading is not addictive, whereas gambling is an addictive game.
Gambling is also not bad and not risky if people give it the value what it have like people have to think gambling as a place of playing games rather than thinking of it as a place of earning money. If people will do like that and will not run for money in gambling then no one will lose their money in gambling which are their capital for their future.
to me although there are some cases in which we consider trading as gambling and specially if you do not have any experience in trading. those people who do trading without any experience and skill they it is more risky and more chances to lose a big amount of money.
Certainly. This is the reason why there are such trading sites offer a demo account for newbie trader be able to understand and learn more in trading so that they couldn't burn a lot of money. Also, when first time doing live account in trading, it's better to put only small amount since the process of trading using live account and demo account is quite different.
legendary
Activity: 1456
Merit: 1023
March 26, 2017, 08:45:35 PM
Trade And gambling is 2 different things. They have a risk, but trading has a smaller risk than gambling. Trading is a business, while gambling is a game. I think, a better future if we are in the world trade rather than on gambling. Trading is not addictive, whereas gambling is an addictive game.
Gambling is also not bad and not risky if people give it the value what it have like people have to think gambling as a place of playing games rather than thinking of it as a place of earning money. If people will do like that and will not run for money in gambling then no one will lose their money in gambling which are their capital for their future.

As long as you gamble with small amounts as for fun and entertainment then it is good and you can enjoy the games. But even gambling for fun also people will lose money so it is important that one should always gamble with small amounts.

Trade And gambling is 2 different things. They have a risk, but trading has a smaller risk than gambling. Trading is a business, while gambling is a game. I think, a better future if we are in the world trade rather than on gambling. Trading is not addictive, whereas gambling is an addictive game.
Gambling is also not bad and not risky if people give it the value what it have like people have to think gambling as a place of playing games rather than thinking of it as a place of earning money. If people will do like that and will not run for money in gambling then no one will lose their money in gambling which are their capital for their future.
to me although there are some cases in which we consider trading as gambling and specially if you do not have any experience in trading. those people who do trading without any experience and skill they it is more risky and more chances to lose a big amount of money.

That is correct. If anyone trading without the knowledge of trading then it is almost same a gambling like guessing game and one can lose money in this type of trading very easily. Do ever trade without knowledge.
sr. member
Activity: 440
Merit: 250
March 26, 2017, 06:53:23 PM
Trade And gambling is 2 different things. They have a risk, but trading has a smaller risk than gambling. Trading is a business, while gambling is a game. I think, a better future if we are in the world trade rather than on gambling. Trading is not addictive, whereas gambling is an addictive game.
Gambling is also not bad and not risky if people give it the value what it have like people have to think gambling as a place of playing games rather than thinking of it as a place of earning money. If people will do like that and will not run for money in gambling then no one will lose their money in gambling which are their capital for their future.
to me although there are some cases in which we consider trading as gambling and specially if you do not have any experience in trading. those people who do trading without any experience and skill they it is more risky and more chances to lose a big amount of money.
hero member
Activity: 798
Merit: 500
March 26, 2017, 02:12:46 PM
Trade And gambling is 2 different things. They have a risk, but trading has a smaller risk than gambling. Trading is a business, while gambling is a game. I think, a better future if we are in the world trade rather than on gambling. Trading is not addictive, whereas gambling is an addictive game.
Gambling is also not bad and not risky if people give it the value what it have like people have to think gambling as a place of playing games rather than thinking of it as a place of earning money. If people will do like that and will not run for money in gambling then no one will lose their money in gambling which are their capital for their future.
legendary
Activity: 1540
Merit: 1016
March 26, 2017, 02:01:23 PM
Trade And gambling is 2 different things. They have a risk, but trading has a smaller risk than gambling. Trading is a business, while gambling is a game. I think, a better future if we are in the world trade rather than on gambling. Trading is not addictive, whereas gambling is an addictive game.

In trading, you can control the outcome. You can decide which stock to invest in, what alt coin to buy, when to sell etc. Although you cant have 100% of the control of the outcome, at least you still have certain degree on how much exposure you want to involve in. Unlike gambling, it is based on luck and whether you win or not does not requires much knowledge or research.
Besides in gambling, one is mostly playing against the house and there are countless incidents of casinos cooking the outcome of their games. On the other hand, trading is to a large extent a dual between buys and sellers with brokers serving as middlemen most of the time.

A puzzle, what would you say to your fiancee parents or prospective employer, " I gamble for a living or I trade in foreign exchange"

If it is something to say to your future parents in law then trader would mean alot rather than gambler. Gambling should never be the main source of making money. Alot of people making mistake that by trusting that gambling is really the new style of "working" that is why alot of people are very desperate in gambling
hero member
Activity: 1134
Merit: 517
March 26, 2017, 01:23:36 PM
Trade And gambling is 2 different things. They have a risk, but trading has a smaller risk than gambling. Trading is a business, while gambling is a game. I think, a better future if we are in the world trade rather than on gambling. Trading is not addictive, whereas gambling is an addictive game.

In trading, you can control the outcome. You can decide which stock to invest in, what alt coin to buy, when to sell etc. Although you cant have 100% of the control of the outcome, at least you still have certain degree on how much exposure you want to involve in. Unlike gambling, it is based on luck and whether you win or not does not requires much knowledge or research.
Besides in gambling, one is mostly playing against the house and there are countless incidents of casinos cooking the outcome of their games. On the other hand, trading is to a large extent a dual between buys and sellers with brokers serving as middlemen most of the time.

A puzzle, what would you say to your fiancee parents or prospective employer, " I gamble for a living or I trade in foreign exchange"
sr. member
Activity: 1890
Merit: 295
GOD is TRUE
March 26, 2017, 12:38:40 PM
Trade And gambling is 2 different things. They have a risk, but trading has a smaller risk than gambling. Trading is a business, while gambling is a game. I think, a better future if we are in the world trade rather than on gambling. Trading is not addictive, whereas gambling is an addictive game.

In trading, you can control the outcome. You can decide which stock to invest in, what alt coin to buy, when to sell etc. Although you cant have 100% of the control of the outcome, at least you still have certain degree on how much exposure you want to involve in. Unlike gambling, it is based on luck and whether you win or not does not requires much knowledge or research.

Management of emotions in trading and gambling doesn't make any difference, when the stock falls and you desperately need results, you will be dissolved in emotion, and when you are wrong to analyze stocks and too ambitious to buy a lot, when you know there was a wave of dump, you will be very anger and vent emotions in shares/other coins with brutal analysis.

But I still agree trade is better, because gambling can't be delayed in time when we've sat in one round, it's causing gambling addiction rate tends to be higher than trade.
legendary
Activity: 1470
Merit: 1002
March 26, 2017, 11:17:47 AM
Trade And gambling is 2 different things. They have a risk, but trading has a smaller risk than gambling. Trading is a business, while gambling is a game. I think, a better future if we are in the world trade rather than on gambling. Trading is not addictive, whereas gambling is an addictive game.

In trading, you can control the outcome. You can decide which stock to invest in, what alt coin to buy, when to sell etc. Although you cant have 100% of the control of the outcome, at least you still have certain degree on how much exposure you want to involve in. Unlike gambling, it is based on luck and whether you win or not does not requires much knowledge or research.
hero member
Activity: 672
Merit: 500
March 26, 2017, 10:45:41 AM
Trade And gambling is 2 different things. They have a risk, but trading has a smaller risk than gambling. Trading is a business, while gambling is a game. I think, a better future if we are in the world trade rather than on gambling. Trading is not addictive, whereas gambling is an addictive game.
sr. member
Activity: 490
Merit: 251
Revolutionizing Brokerage of Personal Data
March 26, 2017, 10:42:15 AM
It's kind of similar in lots of way.

→Experience. Trading needs Experience for invest also betting needs experience too. You can take lesson with ur good/bad experience.

→Luck. Gambling need luck more than trading but most of times u need luck for trading too.

→ Patient. Trading need patient more than gambling but if u be patient at gambling earn much more. If u trader must be patient. I buy Pascallite coin when its 3,5k Sell it when 5k but now its 7,5k also Stratis coin buy at 8k sell 10k but now it is over 15k

→ Not Greedy. Greed is biggest enemy at gambling. Also trading's enemy.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
March 26, 2017, 10:37:58 AM
Some traders are no doubt gamblers, becaise they seek to think for the market instead of alinning with market dictates.  A case in hand can be the present debacle between miners and exchanges, it is enough signal for a trader to be wary of buying at this point in time, but with gamblibg,  you never can tell.

I believe it too that gamblers are traders and traders are gamblers too. So in sum up I consider that trading is gambling but you are gambling in a different way. To the perception of people trading isn't gambling because it's not that obvious that you are gambling your money for it and you are just using the term trading.
By considering few similar aspects of both trading and gambling, I am also agreeing with the you on the fact of traders and gamblers are coming down into one single group of activists. But it is not the enough proof to consider trading as gambling. Showing some similar characteristics between these two will not get us profits by doing one thing in another way.

Only for theoretical, we can make some conclusions about gambling and trading, but while doing them in real life we must go as per prescribed way and should not take the risk with any other methods.

Yes showing similarity of these two will not give us profits but we really can see that these two are considered as one for being the same. And I know that there are some that will say that this is totally insane to think that trading is the same as gambling. I will just respect those thoughts and will get up those info's that can be good for picking up.
hero member
Activity: 3038
Merit: 634
March 26, 2017, 10:28:04 AM
I really believe that trading is gambling it's just a centralized type of gambling. People made trading as innovative type of investment.

But the real thing behind it's concept is gambling, so I do really prefer and will stand that trading is gambling.

Not only with it's risk but the whole concept.

It's happening around investment in crypto project is truly gambling because nobody knows what is happening and what future will decide about this. I also agreed with trading is just form of gambling much huge risks involve in trading too.

Even in real life, just like the stocks market. Those rich people who are investing into loves to do that type of trading which is very elegant upon hearing.

At first, I thought that it isn't gambling at all but upon learning deeper about it, I just realized that it's totally the same.

But of course, we do have our very own beliefs with this matter.
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