Bitcoin Forum>Economy>Marketplace>Gambling>Gambling discussion
Pages:
Author

Topic: Do you consider trading as gambling? - page 32. (Read 47344 times)

stadus
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
Re: Do you consider trading as gambling?
October 25, 2016, 10:09:38 PM
#1380
Quote from: ethereumhunter on October 25, 2016, 09:08:04 AM
Quote from: mirakal on October 24, 2016, 08:02:11 AM
Quote from: futurebit640 on October 24, 2016, 07:50:08 AM
Quote from: Gustavv on October 24, 2016, 07:25:44 AM
No, gambling and trading is different things
because if we gambling we can play it only on gambling site
if trading we only do it on exchange or marketplace
but yeah both is have same risky we can get lose/profit when we trading and gambling
In the point of Risk both are same I agree, Because In Trading or Gambling both factors making money is not easy. Both have different play style in Gambling the profit depends on the game, But in Trading the profit depends on market price. But in both condition we need investment, and we have to put our money in a risk to make a profit.
Gambling is hard to succeed but trading there is a chance, the big difference is that the longer you trade the more chances you can master and might be profitable but in gambling those gamblers who gamble regularly are subject to losing as we can never master a game with a house edge.

i agree for the risk is the same for trading and gambling, but in trading, we only waiting for next jump for the price to sell it and in gambling, we have loss all of our money. both is hard to get succeed and its need work smart to get success and i think trading have a big chance to get success.

and i am not consider trading as gambling because the reason is in trading we don't loss all of our money, it has change into other form and waiting for next price to sell it.
It's not the same for me, as gambling has a house edge and the odds kills us if we are aiming on making money while trading can give us real and updated information that would be our basis to analyze the market to make an appropriate prediction that would give us success.
ethereumhunter
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Re: Do you consider trading as gambling?
October 25, 2016, 09:08:04 AM
#1379
Quote from: mirakal on October 24, 2016, 08:02:11 AM
Quote from: futurebit640 on October 24, 2016, 07:50:08 AM
Quote from: Gustavv on October 24, 2016, 07:25:44 AM
No, gambling and trading is different things
because if we gambling we can play it only on gambling site
if trading we only do it on exchange or marketplace
but yeah both is have same risky we can get lose/profit when we trading and gambling
In the point of Risk both are same I agree, Because In Trading or Gambling both factors making money is not easy. Both have different play style in Gambling the profit depends on the game, But in Trading the profit depends on market price. But in both condition we need investment, and we have to put our money in a risk to make a profit.
Gambling is hard to succeed but trading there is a chance, the big difference is that the longer you trade the more chances you can master and might be profitable but in gambling those gamblers who gamble regularly are subject to losing as we can never master a game with a house edge.

i agree for the risk is the same for trading and gambling, but in trading, we only waiting for next jump for the price to sell it and in gambling, we have loss all of our money. both is hard to get succeed and its need work smart to get success and i think trading have a big chance to get success.

and i am not consider trading as gambling because the reason is in trading we don't loss all of our money, it has change into other form and waiting for next price to sell it.
Labumi
hero member
Activity: 756
Merit: 500
Re: Do you consider trading as gambling?
October 25, 2016, 07:57:15 AM
#1378
Quote from: South Park on October 25, 2016, 07:53:33 AM
Quote from: Farma on October 23, 2016, 12:46:34 PM
Quote from: South Park on October 23, 2016, 10:19:00 AM
Quote from: Zooplus on October 23, 2016, 03:03:06 AM
Quote from: South Park on October 22, 2016, 12:38:41 PM
Quote from: The_prodigy on October 22, 2016, 03:28:42 AM
Quote from: Golftech on October 09, 2016, 03:35:00 AM
Quote from: The_prodigy on October 09, 2016, 03:14:56 AM
As my investigation right now or based on my experience this past few weeks i considered that all activities like uhm trading , gambling , and investing are needs to take risk, Because of your are not going to take those risk you can't able to grow your bitcoins , You need to take those high risk sometimes if you really want to grow your bitcoin i considered that trading as gambling too where we could lose money there but it can be minimize because we can sell it for the half price.
well if you are not hurrying up you can still wait for the price rebound unlike in gambling after losing your money you need to place bet again, while in trading if you are supporting good quality project there's always possibility to regain your loses.
Im not always in hurry. When im trying to double my money in bitcoin at least i have some time to do it it's really hard for me to play in gambling when im always in hurry you can't really manage time there. And in trading yes i can really make some profit there but not good sometimes i always played this two trading and gambling where i can regain my loses.
When trying to make money the timeframe is really important, if you want to earn 100% profits in a day then you are surely going to take greater risk in order to achieve it, with a greater possibility of losing instead of winning.
That's mostly the problem for most of us here because we want to earn very fast and with that we failed to check the kind of investment we are venturing, we are blinded by the good rates and in the end we realize that we put our money in scam sites. Actually, the only way is to trade with caution, meaning you need to have a deep study before playing with your money to get a good success rate.
Yeah I know, I think that is also one of the reasons a lot of people ion the forum like to gamble that much since gambling offers the promise of great returns in just a few minutes of play.
Well, I'm just confused, what methods they would use if they are playing a game of dice. Well, I think it would be difficult to make an analysis of the numbers or what color would win. but maybe you're right, that it depends on what games they play. I just never saw the person who wins in the long term in a gamble, especially in a game of dice because I felt that it was very difficult to predict, in contrast to trading, you can analyze it in every coin that you use, and can win in the long run
Offering the promise of big earnings is not the same as actually delivering on those promises, most gamblers are long term losers but they keep chasing the chance of winning big in gambling.


Yup, it's all something that can not be refuted. because I also see for themselves the gamblers always do these things and think that gambling is the most appropriate place in search of profits or their thinking about gambling to get a very big victory so that when they get it no longer has to work hard
South Park
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Re: Do you consider trading as gambling?
October 25, 2016, 07:53:33 AM
#1377
Quote from: Farma on October 23, 2016, 12:46:34 PM
Quote from: South Park on October 23, 2016, 10:19:00 AM
Quote from: Zooplus on October 23, 2016, 03:03:06 AM
Quote from: South Park on October 22, 2016, 12:38:41 PM
Quote from: The_prodigy on October 22, 2016, 03:28:42 AM
Quote from: Golftech on October 09, 2016, 03:35:00 AM
Quote from: The_prodigy on October 09, 2016, 03:14:56 AM
As my investigation right now or based on my experience this past few weeks i considered that all activities like uhm trading , gambling , and investing are needs to take risk, Because of your are not going to take those risk you can't able to grow your bitcoins , You need to take those high risk sometimes if you really want to grow your bitcoin i considered that trading as gambling too where we could lose money there but it can be minimize because we can sell it for the half price.
well if you are not hurrying up you can still wait for the price rebound unlike in gambling after losing your money you need to place bet again, while in trading if you are supporting good quality project there's always possibility to regain your loses.
Im not always in hurry. When im trying to double my money in bitcoin at least i have some time to do it it's really hard for me to play in gambling when im always in hurry you can't really manage time there. And in trading yes i can really make some profit there but not good sometimes i always played this two trading and gambling where i can regain my loses.
When trying to make money the timeframe is really important, if you want to earn 100% profits in a day then you are surely going to take greater risk in order to achieve it, with a greater possibility of losing instead of winning.
That's mostly the problem for most of us here because we want to earn very fast and with that we failed to check the kind of investment we are venturing, we are blinded by the good rates and in the end we realize that we put our money in scam sites. Actually, the only way is to trade with caution, meaning you need to have a deep study before playing with your money to get a good success rate.
Yeah I know, I think that is also one of the reasons a lot of people ion the forum like to gamble that much since gambling offers the promise of great returns in just a few minutes of play.
Well, I'm just confused, what methods they would use if they are playing a game of dice. Well, I think it would be difficult to make an analysis of the numbers or what color would win. but maybe you're right, that it depends on what games they play. I just never saw the person who wins in the long term in a gamble, especially in a game of dice because I felt that it was very difficult to predict, in contrast to trading, you can analyze it in every coin that you use, and can win in the long run
Offering the promise of big earnings is not the same as actually delivering on those promises, most gamblers are long term losers but they keep chasing the chance of winning big in gambling.
bitcoinmasterlord
legendary
Activity: 1148
Merit: 1006
Re: Do you consider trading as gambling?
October 24, 2016, 08:02:18 AM
#1376
Quote from: futurebit640 on October 24, 2016, 07:50:08 AM
Quote from: Gustavv on October 24, 2016, 07:25:44 AM
No, gambling and trading is different things
because if we gambling we can play it only on gambling site
if trading we only do it on exchange or marketplace
but yeah both is have same risky we can get lose/profit when we trading and gambling
In the point of Risk both are same I agree, Because In Trading or Gambling both factors making money is not easy. Both have different play style in Gambling the profit depends on the game, But in Trading the profit depends on market price. But in both condition we need investment, and we have to put our money in a risk to make a profit.

If you want to grow your money then we have to take some risks to investing money in good investments but not in gambling. Because gambling is never called as an investment but it is just a game to entertainment people. All gamblers use it to make quick profits and end up losing money in gambling. If you do a proper study and invest in trading then you got better chances of making money compared to gambling.
mirakal
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Re: Do you consider trading as gambling?
October 24, 2016, 08:02:11 AM
#1375
Quote from: futurebit640 on October 24, 2016, 07:50:08 AM
Quote from: Gustavv on October 24, 2016, 07:25:44 AM
No, gambling and trading is different things
because if we gambling we can play it only on gambling site
if trading we only do it on exchange or marketplace
but yeah both is have same risky we can get lose/profit when we trading and gambling
In the point of Risk both are same I agree, Because In Trading or Gambling both factors making money is not easy. Both have different play style in Gambling the profit depends on the game, But in Trading the profit depends on market price. But in both condition we need investment, and we have to put our money in a risk to make a profit.
Gambling is hard to succeed but trading there is a chance, the big difference is that the longer you trade the more chances you can master and might be profitable but in gambling those gamblers who gamble regularly are subject to losing as we can never master a game with a house edge.
futurebit640
hero member
Activity: 910
Merit: 1000
Re: Do you consider trading as gambling?
October 24, 2016, 07:50:08 AM
#1374
Quote from: Gustavv on October 24, 2016, 07:25:44 AM
No, gambling and trading is different things
because if we gambling we can play it only on gambling site
if trading we only do it on exchange or marketplace
but yeah both is have same risky we can get lose/profit when we trading and gambling
In the point of Risk both are same I agree, Because In Trading or Gambling both factors making money is not easy. Both have different play style in Gambling the profit depends on the game, But in Trading the profit depends on market price. But in both condition we need investment, and we have to put our money in a risk to make a profit.
Gustavv
hero member
Activity: 672
Merit: 500
Re: Do you consider trading as gambling?
October 24, 2016, 07:25:44 AM
#1373
No, gambling and trading is different things
because if we gambling we can play it only on gambling site
if trading we only do it on exchange or marketplace
but yeah both is have same risky we can get lose/profit when we trading and gambling
zodin
full member
Activity: 224
Merit: 100
Re: Do you consider trading as gambling?
October 23, 2016, 12:50:25 PM
#1372
to me trading and gambling are two different things, there is no similarity between the two, as gambling is more risky as compare to trading,
Farma
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
Re: Do you consider trading as gambling?
October 23, 2016, 12:46:34 PM
#1371
Quote from: South Park on October 23, 2016, 10:19:00 AM
Quote from: Zooplus on October 23, 2016, 03:03:06 AM
Quote from: South Park on October 22, 2016, 12:38:41 PM
Quote from: The_prodigy on October 22, 2016, 03:28:42 AM
Quote from: Golftech on October 09, 2016, 03:35:00 AM
Quote from: The_prodigy on October 09, 2016, 03:14:56 AM
As my investigation right now or based on my experience this past few weeks i considered that all activities like uhm trading , gambling , and investing are needs to take risk, Because of your are not going to take those risk you can't able to grow your bitcoins , You need to take those high risk sometimes if you really want to grow your bitcoin i considered that trading as gambling too where we could lose money there but it can be minimize because we can sell it for the half price.
well if you are not hurrying up you can still wait for the price rebound unlike in gambling after losing your money you need to place bet again, while in trading if you are supporting good quality project there's always possibility to regain your loses.
Im not always in hurry. When im trying to double my money in bitcoin at least i have some time to do it it's really hard for me to play in gambling when im always in hurry you can't really manage time there. And in trading yes i can really make some profit there but not good sometimes i always played this two trading and gambling where i can regain my loses.
When trying to make money the timeframe is really important, if you want to earn 100% profits in a day then you are surely going to take greater risk in order to achieve it, with a greater possibility of losing instead of winning.
That's mostly the problem for most of us here because we want to earn very fast and with that we failed to check the kind of investment we are venturing, we are blinded by the good rates and in the end we realize that we put our money in scam sites. Actually, the only way is to trade with caution, meaning you need to have a deep study before playing with your money to get a good success rate.
Yeah I know, I think that is also one of the reasons a lot of people ion the forum like to gamble that much since gambling offers the promise of great returns in just a few minutes of play.
Well, I'm just confused, what methods they would use if they are playing a game of dice. Well, I think it would be difficult to make an analysis of the numbers or what color would win. but maybe you're right, that it depends on what games they play. I just never saw the person who wins in the long term in a gamble, especially in a game of dice because I felt that it was very difficult to predict, in contrast to trading, you can analyze it in every coin that you use, and can win in the long run
MyIdeas
sr. member
Activity: 734
Merit: 250
Re: Do you consider trading as gambling?
October 23, 2016, 12:36:14 PM
#1370
Quote from: x|8y8|x on October 23, 2016, 11:23:01 AM
to me trading and gambling are not the same, gamboling is a little more risky as compare to trading, but it is also a fact that you can make a good profit from gambling in a very little period of time.
Yes you are right gambling is a much risky and not controllable game while trade is a service and we have up to some extent control on gambling and we can predict that what will happen next and so we do not lose much.
Bitcoinsummoner
hero member
Activity: 1484
Merit: 624
Maintain Social Distance, Stay safe.
Re: Do you consider trading as gambling?
October 23, 2016, 12:14:37 PM
#1369
Quote from: lionheart78 on October 23, 2016, 12:02:08 PM
Quote from: anonbit992 on October 23, 2016, 11:03:12 AM
Based on my past experience and study, I have to conclude that trading is gambling and people get addicted to both gambling and trading after sometime and it can empty their banks accounts if they are not disciplined enough to fight  and overcome the urge of it. Investing on the other hand is totally different.

I think they are different things but both have risk involve.  The difference is that gambling is purely base on luck or chance while trading outcome can be  affected by skills and knowledge on gathering data and stats.  Though trading sometimes needs luck to be successful but it is overshadowed by skills and talent of the person who is trading.
Yeah they are not the same but its not the same risk gambling is more risky than trading.. i can stay long in trading since you can only lose a few but lots of profit .. if you know how to trade you can not think that you are just wasting your time in trading.. honestly gambling is not a good source of profit better to trade since if you are losing in altcoin you can be still sell them and cover few loses. unlike in gambling if you lose you can not cover any.
lionheart78
legendary
Activity: 2982
Merit: 1153
Re: Do you consider trading as gambling?
October 23, 2016, 12:02:08 PM
#1368
Quote from: anonbit992 on October 23, 2016, 11:03:12 AM
Based on my past experience and study, I have to conclude that trading is gambling and people get addicted to both gambling and trading after sometime and it can empty their banks accounts if they are not disciplined enough to fight  and overcome the urge of it. Investing on the other hand is totally different.

I think they are different things but both have risk involve.  The difference is that gambling is purely base on luck or chance while trading outcome can be  affected by skills and knowledge on gathering data and stats.  Though trading sometimes needs luck to be successful but it is overshadowed by skills and talent of the person who is trading.
x|8y8|x
member
Activity: 115
Merit: 10
Re: Do you consider trading as gambling?
October 23, 2016, 11:23:01 AM
#1367
to me trading and gambling are not the same, gamboling is a little more risky as compare to trading, but it is also a fact that you can make a good profit from gambling in a very little period of time.
anonbit992
sr. member
Activity: 378
Merit: 251
A Trader & An Investor
Re: Do you consider trading as gambling?
October 23, 2016, 11:03:12 AM
#1366
Based on my past experience and study, I have to conclude that trading is gambling and people get addicted to both gambling and trading after sometime and it can empty their banks accounts if they are not disciplined enough to fight  and overcome the urge of it. Investing on the other hand is totally different.
crairezx20
legendary
Activity: 1638
Merit: 1046
Re: Do you consider trading as gambling?
October 23, 2016, 10:57:17 AM
#1365
Quote from: seven2smoke on October 23, 2016, 10:26:13 AM
I think gambling is more risky than trading because gambling can will be a drug. There is no effort to get money, It's a cold.
Then, i will consider trading than gambling.
I think its more worst result in gambling than in drugs if you are addicted it can drain all of your money and it can affect also your normal financial stats..
So we can not consider trading as gambling because trading is business and you can get huge profit in trading and less risk..
seven2smoke
sr. member
Activity: 336
Merit: 250
Re: Do you consider trading as gambling?
October 23, 2016, 10:26:13 AM
#1364
I think gambling is more risky than trading because gambling can will be a drug. There is no effort to get money, It's a cold.
Then, i will consider trading than gambling.
South Park
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Re: Do you consider trading as gambling?
October 23, 2016, 10:19:00 AM
#1363
Quote from: Zooplus on October 23, 2016, 03:03:06 AM
Quote from: South Park on October 22, 2016, 12:38:41 PM
Quote from: The_prodigy on October 22, 2016, 03:28:42 AM
Quote from: Golftech on October 09, 2016, 03:35:00 AM
Quote from: The_prodigy on October 09, 2016, 03:14:56 AM
As my investigation right now or based on my experience this past few weeks i considered that all activities like uhm trading , gambling , and investing are needs to take risk, Because of your are not going to take those risk you can't able to grow your bitcoins , You need to take those high risk sometimes if you really want to grow your bitcoin i considered that trading as gambling too where we could lose money there but it can be minimize because we can sell it for the half price.
well if you are not hurrying up you can still wait for the price rebound unlike in gambling after losing your money you need to place bet again, while in trading if you are supporting good quality project there's always possibility to regain your loses.
Im not always in hurry. When im trying to double my money in bitcoin at least i have some time to do it it's really hard for me to play in gambling when im always in hurry you can't really manage time there. And in trading yes i can really make some profit there but not good sometimes i always played this two trading and gambling where i can regain my loses.
When trying to make money the timeframe is really important, if you want to earn 100% profits in a day then you are surely going to take greater risk in order to achieve it, with a greater possibility of losing instead of winning.
That's mostly the problem for most of us here because we want to earn very fast and with that we failed to check the kind of investment we are venturing, we are blinded by the good rates and in the end we realize that we put our money in scam sites. Actually, the only way is to trade with caution, meaning you need to have a deep study before playing with your money to get a good success rate.
Yeah I know, I think that is also one of the reasons a lot of people ion the forum like to gamble that much since gambling offers the promise of great returns in just a few minutes of play.
PacePay
hero member
Activity: 672
Merit: 500
Re: Do you consider trading as gambling?
October 23, 2016, 06:04:19 AM
#1362
Quote from: gabmen on October 23, 2016, 05:27:45 AM
Quote from: aranachristianjay on October 23, 2016, 05:04:31 AM
Quote from: buyinbtc on October 23, 2016, 03:17:18 AM
Quote from: stadus on October 21, 2016, 12:50:40 AM
Quote from: Farma on October 21, 2016, 12:12:08 AM
Quote from: sabbirshm on October 20, 2016, 12:15:01 PM
No, I don't consider trading as gambling because gambling depends on luck mostly and trading depends on your skills and experience.Though trading needs a little bit luck but it doesn't not matter much rather gambling is just matters on luck.
you are right. difference of gambling and trading is in how you make money. on gambling, it was pure luck, while the trading is dependent on the skills and your experience, if you do not have it, then it all just depends on your luck
I will not believe that in gambling it is just a pure luck, you might not witness those who are successful in gambling in the long run and I am quite sure they are not relying on their luck alone as it cannot be with us all the time, maybe it is appropriate to say that gambling needs to be skillful to make money but if you are lucky you will increase your chance.

It depends which games they play, if they play dice rolls then it is luck only that made them rich, but if they play poker or even blackjack then they also needed skills

Yeah,

It still depends on the type of the game.

Because there are some gambling games
which is not purely based on luck, those game
are most commonly the card games like poker.

And there are also some games which
is purely based on luck, like dice roulette
and so on.
Yeah and i think we can consider trading as one of those gambling games that would give you a good chance of earning based on your knowledge and experience, much like betting on sports. You need luck but having information and experience lessens considerably your dependece on it
But if a person will have all the knowledge about trade and he will be an expert trader then he will not face the same risk which a gambler face in trade so we cannot say in that case that trading is a type of gambling
freedomgo
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
Re: Do you consider trading as gambling?
October 23, 2016, 05:51:46 AM
#1361
Quote from: gabmen on October 23, 2016, 05:27:45 AM
Quote from: aranachristianjay on October 23, 2016, 05:04:31 AM
Quote from: buyinbtc on October 23, 2016, 03:17:18 AM
Quote from: stadus on October 21, 2016, 12:50:40 AM
Quote from: Farma on October 21, 2016, 12:12:08 AM
Quote from: sabbirshm on October 20, 2016, 12:15:01 PM
No, I don't consider trading as gambling because gambling depends on luck mostly and trading depends on your skills and experience.Though trading needs a little bit luck but it doesn't not matter much rather gambling is just matters on luck.
you are right. difference of gambling and trading is in how you make money. on gambling, it was pure luck, while the trading is dependent on the skills and your experience, if you do not have it, then it all just depends on your luck
I will not believe that in gambling it is just a pure luck, you might not witness those who are successful in gambling in the long run and I am quite sure they are not relying on their luck alone as it cannot be with us all the time, maybe it is appropriate to say that gambling needs to be skillful to make money but if you are lucky you will increase your chance.

It depends which games they play, if they play dice rolls then it is luck only that made them rich, but if they play poker or even blackjack then they also needed skills

Yeah,

It still depends on the type of the game.

Because there are some gambling games
which is not purely based on luck, those game
are most commonly the card games like poker.

And there are also some games which
is purely based on luck, like dice roulette
and so on.
Yeah and i think we can consider trading as one of those gambling games that would give you a good chance of earning based on your knowledge and experience, much like betting on sports. You need luck but having information and experience lessens considerably your dependece on it
There's only one good method that would give us profit in sports betting and that is fade the public, you do a research and look for a game that there are no equal action, and when a team is heavily favored that is the time to collect free money, fade that team and they loses usually.
Pages:
Bitcoin Forum>Economy>Marketplace>Gambling>Gambling discussion
Jump to: