Do you consider trading as gambling? - page 18.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: whizter on January 14, 2017, 05:33:12 PM

Quote from: gabmen on January 14, 2017, 11:56:09 AM

Quote from: teilwalL05 on January 14, 2017, 01:53:11 AM

Quote from: sabbirshm on November 21, 2016, 11:45:54 AM

Quote from: mOgliE on February 25, 2016, 09:02:24 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?

No,I don't consider trading as gambling.They are not same fully.Because trading doesn't need luck but gambling needs luck.Trading depends on your skill, experience, knowledge but gambling won't help you for these.So,I don't takes trading as a gambling.

Agree! And trading is more on patience; we need more patience in trading because before we earn money, it will really take time and effort just to achieve our goals.

I kind of agree with that but i think trading also in a way is affected by luck. Though not as much as when you play dice where you are entirely reliant in it. Trading not only need patience but knowing the right timing. So for me while luck is the main factor when it comes to most gambling games, for trading it's experience. The more time you spend in trading the more you will be exposed to the movements of altcoins and the more you'll learn how to effectively time when to buy and sell

yes that is a fact that in trading although you are depending yon your luck but still if you have some experience in trading then you can increases the chances of your winning. while gambling totally depend on your luck.

If your trading without any knowledge then only it is like gambling because you don't know the basics of trading and investing money by thinking that either price may go up or down. This kind of gambling is very dangerous, and one shouldn't do it. Before going to trading, you should learn how it works and starts with a small amount until you understand how trading works.

freedomgo

legendary

Activity: 3248

Merit: 1160

Playbet.io - Crypto Casino and Sportsbook

Quote from: blackhawkeye1912 on February 24, 2017, 07:23:51 PM

Quote from: safari88 on February 25, 2016, 09:23:54 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.

bad advice when you say should stay away from both. I just do not agree to stay away from trading, everyone can get good results in trading. of course all have the risk of not only trading and gambling. trading is clearly better than gambling. if you learn more about the trade I am sure you will be interested lol.

Indeed, I am totally agreed that they are not the same. Since bitcoin for me is a form of investment and assets, then I used bitcoin in trading platform to put some trade through buying some other coins by simply doing buy and sell order, using my analysis. And in trading there is big chances you can double or more your capital unlike in gambling sites only below 10% is the possibility to grow it.

You should try investing in casinos bankroll so you can tell how much really you can earn, 10% is a very small profit especially if you go longer with your investment. The fact that gambling sites wins most of the time, you can ensure the amount of invest will grow or should I say your chances of losing is very low compared to trading.

blackhawkeye1912

sr. member

Activity: 784

Merit: 250

Quote from: safari88 on February 25, 2016, 09:23:54 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.

bad advice when you say should stay away from both. I just do not agree to stay away from trading, everyone can get good results in trading. of course all have the risk of not only trading and gambling. trading is clearly better than gambling. if you learn more about the trade I am sure you will be interested lol.

Indeed, I am totally agreed that they are not the same. Since bitcoin for me is a form of investment and assets, then I used bitcoin in trading platform to put some trade through buying some other coins by simply doing buy and sell order, using my analysis. And in trading there is big chances you can double or more your capital unlike in gambling sites only below 10% is the possibility to grow it.

whizter

hero member

Activity: 588

Merit: 500

Quote from: gabmen on January 14, 2017, 11:56:09 AM

Quote from: teilwalL05 on January 14, 2017, 01:53:11 AM

Quote from: sabbirshm on November 21, 2016, 11:45:54 AM

Quote from: mOgliE on February 25, 2016, 09:02:24 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?

No,I don't consider trading as gambling.They are not same fully.Because trading doesn't need luck but gambling needs luck.Trading depends on your skill, experience, knowledge but gambling won't help you for these.So,I don't takes trading as a gambling.

Agree! And trading is more on patience; we need more patience in trading because before we earn money, it will really take time and effort just to achieve our goals.

I kind of agree with that but i think trading also in a way is affected by luck. Though not as much as when you play dice where you are entirely reliant in it. Trading not only need patience but knowing the right timing. So for me while luck is the main factor when it comes to most gambling games, for trading it's experience. The more time you spend in trading the more you will be exposed to the movements of altcoins and the more you'll learn how to effectively time when to buy and sell

yes that is a fact that in trading although you are depending yon your luck but still if you have some experience in trading then you can increases the chances of your winning. while gambling totally depend on your luck.

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: teilwalL05 on January 14, 2017, 01:53:11 AM

Quote from: sabbirshm on November 21, 2016, 11:45:54 AM

Quote from: mOgliE on February 25, 2016, 09:02:24 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?

No,I don't consider trading as gambling.They are not same fully.Because trading doesn't need luck but gambling needs luck.Trading depends on your skill, experience, knowledge but gambling won't help you for these.So,I don't takes trading as a gambling.

Agree! And trading is more on patience; we need more patience in trading because before we earn money, it will really take time and effort just to achieve our goals.

I kind of agree with that but i think trading also in a way is affected by luck. Though not as much as when you play dice where you are entirely reliant in it. Trading not only need patience but knowing the right timing. So for me while luck is the main factor when it comes to most gambling games, for trading it's experience. The more time you spend in trading the more you will be exposed to the movements of altcoins and the more you'll learn how to effectively time when to buy and sell

teilwalL05

hero member

Activity: 980

Merit: 500

Quote from: sabbirshm on November 21, 2016, 11:45:54 AM

Quote from: mOgliE on February 25, 2016, 09:02:24 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?

No,I don't consider trading as gambling.They are not same fully.Because trading doesn't need luck but gambling needs luck.Trading depends on your skill, experience, knowledge but gambling won't help you for these.So,I don't takes trading as a gambling.

Agree! And trading is more on patience; we need more patience in trading because before we earn money, it will really take time and effort just to achieve our goals.

Colt22

hero member

Activity: 770

Merit: 500

Quote from: poplolnman on January 03, 2017, 12:51:06 AM

Quote from: drwtsn32 on January 03, 2017, 12:47:50 AM

For me trading is just halfly gambling because somehow you can control the outcome of the trade like just shulio said in the above post.
In gambling, even if you use some martinfail or whatever you call strategy you are still depending on luck entirely.

yeah trading sometimes force us to trade blindly place a buy/sell position baseless. and that time trading feel like gambling , it's frequently happened actually. that's why a lot of people really think trading are just like gambling, i do agree too in that kind situation. trading just more complicated than gambling .

That feeling often come to those people who are not expert in trading I will say these are not professional traders while professional traders do not face any thing like gambling while in their profession as they know well all the strategies and all the coming situations are predictable by them.

d@nte

hero member

Activity: 490

Merit: 500

Quote from: poplolnman on January 03, 2017, 12:51:06 AM

Quote from: drwtsn32 on January 03, 2017, 12:47:50 AM

For me trading is just halfly gambling because somehow you can control the outcome of the trade like just shulio said in the above post.
In gambling, even if you use some martinfail or whatever you call strategy you are still depending on luck entirely.

yeah trading sometimes force us to trade blindly place a buy/sell position baseless. and that time trading feel like gambling , it's frequently happened actually. that's why a lot of people really think trading are just like gambling, i do agree too in that kind situation. trading just more complicated than gambling .

Placing blindly buying and selling orders is a big mistake, it would be the same as gambling. Any experienced trader would recommend to the investor to carefully analyze each move. In trading, I think there are more variables to analyze, which is probably why some people consider it a complicated activity to understand, but the fact that there are methods to analyze such variables makes things simpler and helps to reduce risks.

Carmen_Sandiego

sr. member

Activity: 399

Merit: 250

Quote from: azguard on January 04, 2017, 01:27:38 PM

Quote from: asuryan180 on January 04, 2017, 03:10:51 AM

Quote from: Positid on January 04, 2017, 02:37:10 AM

Quote from: upsidedown75 on January 03, 2017, 11:17:05 AM

Quote from: iwandhdumas2003 on January 01, 2017, 03:28:35 AM

Yes trading is a high risk investment but the only difference is that with trading you can gain knowledge while with gambling you gain frustration and addiction.

I personally tried my best to enjoy gambling for free, mean without investing any money, but I never find any platform for trading from where I can make trading without initial investment from my hand. Now I have started gambling for free cost to entertain myself.

In my opinion, trading is different and gambling is different. We should not treat one in another way.

Of course because gambling will only give you entertainment but trading might give you profit if you are a successful traders, and take note that there's more people who make money in trading than in gambling.

Betting can also give you nice profit,however you have to bet for fun as well because if you start betting rigorously,there's a high chance you will end up on the loss side and that's not good to happen.I've always said that it's better if you bet for fun and if you make profit let it be huge.That's the best strategy that I have seen to work and the best is that you can only profit from it if you do it correct

True but betting is gambling, you can win your bet or lose bet.
Still trading can be little safer you can also lose and win if you invest good/bad but you can also do safety when something is not good you can retake some money back
In this situation you can lose but still keep some cash in pockets

Yeah, that's a big difference. In trading there is less chance of losing all the money compared to gambling, as long as the investor knows how to do good risk management, of course. In addition, it is difficult to find methods to reduce risks in gambling. In trading this is clearer, just focus, determination and willingness to learn, to make the right decisions in the market

Bitcoinsummoner

hero member

Activity: 1456

Merit: 624

Maintain Social Distance, Stay safe.

Quote from: audaciousbeing on January 04, 2017, 01:34:37 PM

Even if I want to compare the two as the same based on the way I interprete them to mean because that actually what matters and that's why we have diverse opinion on the matter. I would not want to because even though they booth involve losing money and winning some but in the case of trading the chance of winning is even more based on extensive background analysis of the coin to buy but same cannot be said in the case of gambling at all.

I think we can not consider that you win in trading because you are just invest in altcoin and sell if the price is high it is just like a product.
Sample fish in the market if fish is in demand in the market but the supply is less expect that the price will increase because the supply is low..
They are relaying in demand and supply unlike in gambling that you are just betting and play lose and you can not get any after you lose.. unlike in trading that you can be still sell your altcoin..

audaciousbeing

hero member

Activity: 1330

Merit: 569

Even if I want to compare the two as the same based on the way I interprete them to mean because that actually what matters and that's why we have diverse opinion on the matter. I would not want to because even though they booth involve losing money and winning some but in the case of trading the chance of winning is even more based on extensive background analysis of the coin to buy but same cannot be said in the case of gambling at all.

azguard

legendary

Activity: 1484

Merit: 1001

Crypto-News.net: News from Crypto World

Quote from: asuryan180 on January 04, 2017, 03:10:51 AM

Quote from: Positid on January 04, 2017, 02:37:10 AM

Quote from: upsidedown75 on January 03, 2017, 11:17:05 AM

Quote from: iwandhdumas2003 on January 01, 2017, 03:28:35 AM

Yes trading is a high risk investment but the only difference is that with trading you can gain knowledge while with gambling you gain frustration and addiction.

I personally tried my best to enjoy gambling for free, mean without investing any money, but I never find any platform for trading from where I can make trading without initial investment from my hand. Now I have started gambling for free cost to entertain myself.

In my opinion, trading is different and gambling is different. We should not treat one in another way.

Of course because gambling will only give you entertainment but trading might give you profit if you are a successful traders, and take note that there's more people who make money in trading than in gambling.

Betting can also give you nice profit,however you have to bet for fun as well because if you start betting rigorously,there's a high chance you will end up on the loss side and that's not good to happen.I've always said that it's better if you bet for fun and if you make profit let it be huge.That's the best strategy that I have seen to work and the best is that you can only profit from it if you do it correct

True but betting is gambling, you can win your bet or lose bet.
Still trading can be little safer you can also lose and win if you invest good/bad but you can also do safety when something is not good you can retake some money back
In this situation you can lose but still keep some cash in pockets

asuryan180

hero member

Activity: 868

Merit: 1000

Quote from: Positid on January 04, 2017, 02:37:10 AM

Quote from: upsidedown75 on January 03, 2017, 11:17:05 AM

Quote from: iwandhdumas2003 on January 01, 2017, 03:28:35 AM

Yes trading is a high risk investment but the only difference is that with trading you can gain knowledge while with gambling you gain frustration and addiction.

I personally tried my best to enjoy gambling for free, mean without investing any money, but I never find any platform for trading from where I can make trading without initial investment from my hand. Now I have started gambling for free cost to entertain myself.

In my opinion, trading is different and gambling is different. We should not treat one in another way.

Of course because gambling will only give you entertainment but trading might give you profit if you are a successful traders, and take note that there's more people who make money in trading than in gambling.

Betting can also give you nice profit,however you have to bet for fun as well because if you start betting rigorously,there's a high chance you will end up on the loss side and that's not good to happen.I've always said that it's better if you bet for fun and if you make profit let it be huge.That's the best strategy that I have seen to work and the best is that you can only profit from it if you do it correct

Positid

sr. member

Activity: 378

Merit: 250

BULL RUN until 2030

Quote from: upsidedown75 on January 03, 2017, 11:17:05 AM

Quote from: iwandhdumas2003 on January 01, 2017, 03:28:35 AM

Yes trading is a high risk investment but the only difference is that with trading you can gain knowledge while with gambling you gain frustration and addiction.

I personally tried my best to enjoy gambling for free, mean without investing any money, but I never find any platform for trading from where I can make trading without initial investment from my hand. Now I have started gambling for free cost to entertain myself.

In my opinion, trading is different and gambling is different. We should not treat one in another way.

Of course because gambling will only give you entertainment but trading might give you profit if you are a successful traders, and take note that there's more people who make money in trading than in gambling.

upsidedown75

legendary

Activity: 1288

Merit: 1036

Quote from: iwandhdumas2003 on January 01, 2017, 03:28:35 AM

Yes trading is a high risk investment but the only difference is that with trading you can gain knowledge while with gambling you gain frustration and addiction.

I personally tried my best to enjoy gambling for free, mean without investing any money, but I never find any platform for trading from where I can make trading without initial investment from my hand. Now I have started gambling for free cost to entertain myself.

In my opinion, trading is different and gambling is different. We should not treat one in another way.

olushakes

sr. member

Activity: 476

Merit: 254

Considering trading as gambling is saying they are both the same and I will ask that"why are they now being called by different name?" In my own opinion on this is that, the reason why some will say they are the same is simply because they share some similarities which is simply the risk embedded in losing or winning in the two. But for gambling both will happen in a rapid manner compared to trading which can be managed based on the level of losses on can bear.

jtalk

legendary

Activity: 1610

Merit: 1004

Trading works like gambling as the risk is in both. I have observed many experienced traders loosing wealth in matter of sessions. Gambling is more risky but trading or doing business as fresh starter or investing all are risky and works on similar based factors. There chance which are in some higher and in other smaller.

hatshepsut93

legendary

Activity: 3024

Merit: 2148

Quote from: drwtsn32 on January 03, 2017, 12:47:50 AM

For me trading is just halfly gambling because somehow you can control the outcome of the trade like just shulio said in the above post.
In gambling, even if you use some martinfail or whatever you call strategy you are still depending on luck entirely.

You can "control" the outcome only if you are a mega whale and your orders actually shift the market. To be more correct, you can try to predict prices basing on some knowledge, and some people have enough success with their predictions to make trading their main profession, unlike gamblers.

Weatherby

sr. member

Activity: 252

Merit: 250

Quote from: Harry Callahan on January 03, 2017, 04:38:07 AM

Quote from: barrowfiller on February 25, 2016, 09:21:31 AM

Yeah iprefer gambling than trading.
gambling FUN Trading Boring.

on the flip side gambling is risky and has the ability to vanish your bank roll just like that and when it comes to be boring trading platform you still have the coins to move around rather than losing your entire bank roll.

If you are not having the ability to think clearly then gambling is not the place you should be and there are other forms donations you could try Cheesy

trading and gambling are entirely different but the core looks like the same thing as both are speculations but trading has a good base while gambling is game of chance.

Harry Callahan

sr. member

Activity: 350

Merit: 250

Quote from: barrowfiller on February 25, 2016, 09:21:31 AM

Yeah iprefer gambling than trading.
gambling FUN Trading Boring.

on the flip side gambling is risky and has the ability to vanish your bank roll just like that and when it comes to be boring trading platform you still have the coins to move around rather than losing your entire bank roll.

Topic: Do you consider trading as gambling? - page 18. (Read 47337 times)