Do you consider trading as gambling? - page 24.

teilwalL05

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Quote from: klf on November 06, 2016, 08:04:23 AM

Quote from: Teemotje on November 05, 2016, 08:16:04 PM

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

If you go for trading without any knowledge of trading then surely it is same as gambling because you will by trading just by guessing price may go up or down and results only depend only on luck. But if you have knowledge and can go for long trade then it is a different story, and you can make some good profit from trading. As per me both are not same if you manage it properly.

Agreed, if you don't have enough knowledge in trading or enough seminars about this it will also become risky like gambling, NO assurance and NO plan at all. You will also lose money here or worst bankruptcy.

d@nte

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Quote from: akogwapo14 on July 02, 2016, 01:30:43 AM

Gambling and trading is not the same in trading you'll just need learning and patient to make profit if you'll not study first before entering trading you will end up loosing not like gambling its all about luck ,

That's why I consider trading a better alternative, since putting the efforts into the right thing to do and having focus it's possible to learn more about the market, learn about the events that can influence the price and improve trading skills to have better chances in the market.

aranachristianjay

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Quote from: Daffadile on July 08, 2016, 10:36:57 PM

Quote from: BlueStackz on July 03, 2016, 06:17:22 AM

Quote from: akogwapo14 on July 02, 2016, 01:30:43 AM

Gambling and trading is not the same in trading you'll just need learning and patient to make profit if you'll not study first before entering trading you will end up loosing not like gambling its all about luck ,

It would be stupidity to consider trading as gambling. Trading is a business where you need to have knowledge and some skill to make money. It mostly depends on you effort and hard work. But gambling is a complete different story you are just using your money to check your luck. You can easily win or lose in gambling unlike trading.

Omg finally someone understand. Yes it is like betting both you can research and study and understand how markets and things work. Otherwise why can you study trading if its just gambling ? Yes it is risky but the more you know the less the risk. Gambling is like shooting a gun with no sight, trading or betting is like a gun with a sight, I't has direction.

I agree with this. If you don't have a knowledge in trading then don't to this you will just lose money also. Because trading is a business that you need a learning before doing it. Unlike gambling you may not know if you will win or lose the game.

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Quote from: aranachristianjay on November 19, 2016, 11:58:31 AM

Quote from: stepwilli on July 03, 2016, 07:57:57 AM

Quote from: drwtsn32 on July 03, 2016, 07:29:54 AM

Just like what I said here: https://bitcointalksearch.org/topic/m.15453353

Trading is one example of gambling. Why?
Because gambling is basically putting your money to risk.
You may lose your money if you did not predicted nicely.

This might be the reason of approaching your trading to test your luck. You need to have some skills to make profits from trading. Other wise, you will end up in finding your trading similar to gambling. I am not ready to accept trading as gambling.

well said, in trading we really need more education before you start trading because if not that is also the same result in gambling, you trade without learning. and you will end up losing money. But don't think that trading is similar to gambling.

Trading and gambling is very similar if we talk about "risk" but in trading you can still get small amount of money if that altcoin price goes down but in gambling you cannot recover your money if you have lose, if you think that you're luck then try gambling for fun and not to profit, if you have lose so much then blame yourself and not gambling since gambling is for those who have skill and can control emotion and one last note before you trade just search it first before you invest.

Bitcoinsummoner

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Quote from: aranachristianjay on November 19, 2016, 11:58:31 AM

Quote from: stepwilli on July 03, 2016, 07:57:57 AM

Quote from: drwtsn32 on July 03, 2016, 07:29:54 AM

Just like what I said here: https://bitcointalksearch.org/topic/m.15453353

Trading is one example of gambling. Why?
Because gambling is basically putting your money to risk.
You may lose your money if you did not predicted nicely.

This might be the reason of approaching your trading to test your luck. You need to have some skills to make profits from trading. Other wise, you will end up in finding your trading similar to gambling. I am not ready to accept trading as gambling.

well said, in trading we really need more education before you start trading because if not that is also the same result in gambling, you trade without learning. and you will end up losing money. But don't think that trading is similar to gambling.

I think it will not be the same as gambling result if you lose in trading you can be still sell your altcoin.. to cover your loses unlike in gambling if you lose you will not recover your loses..
Trading is a good source of earnings if you willing to be learn about trading you should experience how to trade. and learn until you discover if what is the best strategy to trade.

aranachristianjay

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Quote from: stepwilli on July 03, 2016, 07:57:57 AM

Quote from: drwtsn32 on July 03, 2016, 07:29:54 AM

Just like what I said here: https://bitcointalksearch.org/topic/m.15453353

Trading is one example of gambling. Why?
Because gambling is basically putting your money to risk.
You may lose your money if you did not predicted nicely.

This might be the reason of approaching your trading to test your luck. You need to have some skills to make profits from trading. Other wise, you will end up in finding your trading similar to gambling. I am not ready to accept trading as gambling.

well said, in trading we really need more education before you start trading because if not that is also the same result in gambling, you trade without learning. and you will end up losing money. But don't think that trading is similar to gambling.

aranachristianjay

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Quote from: akogwapo14 on July 02, 2016, 01:30:43 AM

Gambling and trading is not the same in trading you'll just need learning and patient to make profit if you'll not study first before entering trading you will end up loosing not like gambling its all about luck ,

yes, knowledge is very important when trading and you also need patience, because if you don't have patience I think you can also lose a lot of money in trading. And in gambling you can also lose money if you are out of control in betting. Sad

roadbits

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Quote from: buddu on November 13, 2016, 05:31:40 AM

I put them at same place and make no difference between gambling ans trading since both are risky. Trading some people say is not like gambling and there are patterns and charts to learn if that was true then people were not loosing money in trading. You can loose money in both as factor of risk is in both they are same for me as well.

Yes, i agree that Trading and Gambling both are different, But in both factors the risk is same. In trading, the profit and loss depend on market price and traders. For market price fluctuation we can not do anything. So we will get profit and also loss. In gambling also same if we have the luck we will win our bet else it's loss. But in both condition, we have to put our money in a risk to make a profit.

buddu

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I put them at same place and make no difference between gambling ans trading since both are risky. Trading some people say is not like gambling and there are patterns and charts to learn if that was true then people were not loosing money in trading. You can loose money in both as factor of risk is in both they are same for me as well.

Caladonian

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Quote from: (altair) on November 13, 2016, 04:38:18 AM

Yes because you risk your money without knowing what will be the result of your trading. Either it's a good or bad result it is still called gambling. The definition of gambling to me is riskying something you don't know what will be the result.

Exactly mate if risking money its consider gambling because you are not sure if you will win or not unlike placing it inside investment if you plan it correctly you will able to gain earnigs.

(altair)

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Yes because you risk your money without knowing what will be the result of your trading. Either it's a good or bad result it is still called gambling. The definition of gambling to me is riskying something you don't know what will be the result.

aranachristianjay

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I think there are almost the same, but it is also depend on how people interpret the two. Sometimes it looks like the same because in trading you will also consuming your effort and time like also gambling. But in gambling you will lose money, effort and time. So I just think it is just depend on how people interpret it.

marcuslong

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Quote from: OrangeII on November 09, 2016, 07:25:58 AM

Quote from: marcuslong on November 09, 2016, 06:59:56 AM

Quote from: Teemotje on November 05, 2016, 08:16:04 PM

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

In your eyes gambling and trading is the same because of risks you are going to face gambling and trading is the same as well it always cosidered as gambling you will lose money and you will gain profits and it's really profitable when you are going to risk too much money.

Well, trading and gambling is very different. although it has very much in common, and even trading can be the same thing as gambling. if you play the predictions and trading without a plan, you're just gambling, because it depends on the luck that you have, but if you do it with a good calculation, then you are playing trading, and it can make you get many benefits

Risking money is the same although there are not same name and they are common for me risking money to gain profit and in trading you dont need plan all you need is to buy what coins is actually pumping and dumping in gambling you just simple place bet and itsyour choice if you gomna play or not.

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Quote from: Fireblade on November 10, 2016, 12:06:42 AM

Quote from: marcuslong on November 09, 2016, 06:59:56 AM

Quote from: Teemotje on November 05, 2016, 08:16:04 PM

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

In your eyes gambling and trading is the same because of risks you are going to face gambling and trading is the same as well it always cosidered as gambling you will lose money and you will gain profits and it's really profitable when you are going to risk too much money.

to me there is some difference between trading and gambling, to me trading is less risky than gambling, trading is legal every where and not banned in any religion while gambling is banned in most countries and also in most religions. in trading you can return your money if you hold the stock for some time while in gambling you cannot recover your lost money without taking more risk.

trading is not gambling , both just have similar stuff
the conclusion is trading could considered as gambling because its similarity
but doesn't mean both is equally same okay
people just don't know more about trading , and make speculation about this.

South Park

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Quote from: EdenHazard on November 09, 2016, 05:19:27 PM

Quote from: marcuslong on November 09, 2016, 06:59:56 AM

Quote from: Teemotje on November 05, 2016, 08:16:04 PM

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

In your eyes gambling and trading is the same because of risks you are going to face gambling and trading is the same as well it always cosidered as gambling you will lose money and you will gain profits and it's really profitable when you are going to risk too much money.

not sure if the factor that make people considering trading as gambling just because about risking something only , it is not like that i guess. if every single decision that we have made on risking something considered as gambling then it will makes no sesnse.

its meaning is too broad , you need to limit the word of "risking something" to certain event only. trading clearly not gambling.

Sometimes the distinction between words is blurred by the way people use them or by the very same actions of people, for example someone investing in forex is trading but what if that person is just doing his trades by following hunches, is that person gambling, trading or both? As you can see sometimes is very difficult to accurately define something.

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Quote from: marcuslong on November 09, 2016, 06:59:56 AM

Quote from: Teemotje on November 05, 2016, 08:16:04 PM

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

In your eyes gambling and trading is the same because of risks you are going to face gambling and trading is the same as well it always cosidered as gambling you will lose money and you will gain profits and it's really profitable when you are going to risk too much money.

to me there is some difference between trading and gambling, to me trading is less risky than gambling, trading is legal every where and not banned in any religion while gambling is banned in most countries and also in most religions. in trading you can return your money if you hold the stock for some time while in gambling you cannot recover your lost money without taking more risk.

EdenHazard

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Quote from: marcuslong on November 09, 2016, 06:59:56 AM

Quote from: Teemotje on November 05, 2016, 08:16:04 PM

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

In your eyes gambling and trading is the same because of risks you are going to face gambling and trading is the same as well it always cosidered as gambling you will lose money and you will gain profits and it's really profitable when you are going to risk too much money.

not sure if the factor that make people considering trading as gambling just because about risking something only , it is not like that i guess. if every single decision that we have made on risking something considered as gambling then it will makes no sesnse.

its meaning is too broad , you need to limit the word of "risking something" to certain event only. trading clearly not gambling.

South Park

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Quote from: marcuslong on November 09, 2016, 06:59:56 AM

Quote from: Teemotje on November 05, 2016, 08:16:04 PM

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

In your eyes gambling and trading is the same because of risks you are going to face gambling and trading is the same as well it always cosidered as gambling you will lose money and you will gain profits and it's really profitable when you are going to risk too much money.

At first glance it may seem that gambling and trading are similar since the rewards and risk are the same you can win or lose money, the difference strives than in most gambling games your chance of actually turning a profit are really non existent unless you play a game like poker, but in trading with enough knowledge you can turn a profit.

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Quote from: Bitcoinsummoner on November 09, 2016, 11:37:57 AM

Quote from: shintosai on November 09, 2016, 11:17:48 AM

Quote from: carlfebz2 on November 09, 2016, 08:15:58 AM

Quote from: freedomgo on November 09, 2016, 07:34:36 AM

Quote from: marcuslong on November 09, 2016, 06:59:56 AM

Quote from: Teemotje on November 05, 2016, 08:16:04 PM

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

In your eyes gambling and trading is the same because of risks you are going to face gambling and trading is the same as well it always cosidered as gambling you will lose money and you will gain profits and it's really profitable when you are going to risk too much money.

That's right it's profitable but only under the condition if you succeed. The amount of money does matter a lot but always put in mind to put what you can afford regardless of the amount, you are the only one who can determine what amount you are comfortable in putting.

If you are a sensible person you would definitely consider these things because you are already aware on your actions that you should made, . If we value our money we would know how to control it and we should really do that. Back to topic , gambling and trading do have simmilarities and thats the risk of lossing money involve .

well that's right the hard earned money we are trying to grow, but the big difference is inside trading we intended to grow our btc using skills and good assessment looking deeper for possible outcome of that particular trade while when we gamble most of the time we just wanted to enjoy and we are not really playing for money as for me though..

Gambling is just for fun and past time not really for source of income or money unlike in trading that you can recover your loses if the price of altcoin is down.. but it can be still increase if you can wait and have a patience because in trading it needs patience in order to become successful it is not instant.. and they are different because gambling is for fun unlike if you trade it can be your business.

Yes, trading requires more patience, because here if you make urgent means, you will lose your money, In trading, the profit depends on market price. Now the altcoin market is down but waits for some time it will increase. Till that do Bitcoin trading, Now the Bitcoin market is good this is the right time to make a good profit.

Bitcoinsummoner

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Quote from: shintosai on November 09, 2016, 11:17:48 AM

Quote from: carlfebz2 on November 09, 2016, 08:15:58 AM

Quote from: freedomgo on November 09, 2016, 07:34:36 AM

Quote from: marcuslong on November 09, 2016, 06:59:56 AM

Quote from: Teemotje on November 05, 2016, 08:16:04 PM

You can consider it as gambling in my eyes because it has some mayor risks and that is with gambling and trading the same so, yes I think it can be considered as gambling but I must say that the profit is very attractable.

In your eyes gambling and trading is the same because of risks you are going to face gambling and trading is the same as well it always cosidered as gambling you will lose money and you will gain profits and it's really profitable when you are going to risk too much money.

That's right it's profitable but only under the condition if you succeed. The amount of money does matter a lot but always put in mind to put what you can afford regardless of the amount, you are the only one who can determine what amount you are comfortable in putting.

If you are a sensible person you would definitely consider these things because you are already aware on your actions that you should made, . If we value our money we would know how to control it and we should really do that. Back to topic , gambling and trading do have simmilarities and thats the risk of lossing money involve .

well that's right the hard earned money we are trying to grow, but the big difference is inside trading we intended to grow our btc using skills and good assessment looking deeper for possible outcome of that particular trade while when we gamble most of the time we just wanted to enjoy and we are not really playing for money as for me though..

Gambling is just for fun and past time not really for source of income or money unlike in trading that you can recover your loses if the price of altcoin is down.. but it can be still increase if you can wait and have a patience because in trading it needs patience in order to become successful it is not instant.. and they are different because gambling is for fun unlike if you trade it can be your business.

Topic: Do you consider trading as gambling? - page 24. (Read 47344 times)