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Topic: Do you consider trading as gambling? - page 37. (Read 47337 times)

legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
October 17, 2016, 01:25:33 AM
Kind of. Trading involves risks and presence of mind. So it can be considered as Gambling as well.
exactly if you are placing a entry and without knowing which ways it will go you are exactly gambling from your luck, but if you are placing an entry to such trade knowing which direction it will go you are a pro and that's not gambling.
100% agree, trading is something that we can learn and can develop our skills in the long run while in gambling it is a mixture of skills and luck but most of the time we can win in gambling if we are lucky as sometimes it cannot be measured like in sports betting as some games are rigged.
hero member
Activity: 2128
Merit: 520
October 16, 2016, 11:31:05 PM
Kind of. Trading involves risks and presence of mind. So it can be considered as Gambling as well.
exactly if you are placing a entry and without knowing which ways it will go you are exactly gambling from your luck, but if you are placing an entry to such trade knowing which direction it will go you are a pro and that's not gambling.
member
Activity: 114
Merit: 11
October 16, 2016, 10:48:54 PM
Kind of. Trading involves risks and presence of mind. So it can be considered as Gambling as well.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
October 16, 2016, 10:43:02 PM
yes i consider trading as gambling. because in there we do not know that which coin will increase in value and which will decrease in value. We just put our money in any coin we want and sometimes because of which we lose all of our bitcoins and that is also happening in gambling.
That's not gambling for sure as trading you have a great chance to make money due to the fact that you can analyze the situation of the market while in gambling you can be solely depend on your luck to win which most of us failed under the situation.
hero member
Activity: 896
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October 16, 2016, 06:48:01 PM
yes i consider trading as gambling. because in there we do not know that which coin will increase in value and which will decrease in value. We just put our money in any coin we want and sometimes because of which we lose all of our bitcoins and that is also happening in gambling.
legendary
Activity: 1386
Merit: 1016
October 16, 2016, 11:53:42 AM
There are some differences between both but if you look at them the way these work you will see them same basically. You take risk in them both to make your money more which is straight gambling related thing. I really don't see anything different and consider them similar because of their infrastructure.

It is such a big difference. Gambling is a high risk with even negative outcome. However for trading, if you have done your research or read up carefully, trading can be quite profitable and you have control over the outcome and you can minimal your risk to the lowest.
legendary
Activity: 1526
Merit: 1003
October 16, 2016, 11:15:14 AM
There are some differences between both but if you look at them the way these work you will see them same basically. You take risk in them both to make your money more which is straight gambling related thing. I really don't see anything different and consider them similar because of their infrastructure.
sr. member
Activity: 555
Merit: 252
October 16, 2016, 11:02:33 AM
there is a big difference between the two, gambling is a game of money and you put money on rest know the result just to win or lose, but in investment you have to invest just for making money and there are very little chance to lose the money in investment.
No, there are a lot of chances to loose our capital money in investment too. Because, we are just analyzing an investment opportunity based on their past performance. But, there will be no guarantee that the past performance will be repeated in future too.

We can see many good reputed companies are getting bankruptcy overnight. So, there will not be any complete guarantee for our investment in the any business. In my opinion, both gambling and investment are having risks but based on different factors.
You are right trusting a company also needs luck because anyone can always turn scam.
I think gambling is much better than trading because you are not using much of your brain and having fun, with trade you will always have to be worried even when sleeping.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
October 16, 2016, 08:38:50 AM
Gambling has risks while trading is easy once you understand the market.
yes that is a fact that gambling is more risky than trading, in trading you have always a chance of recovering your money while in gambling there is no chance fo recovering your money.
You all have the chance to recover of course but it is just hard in gambling compared to trading, however you cannot generalize your statement as not all people are losers in gambling, in my knowledge there are also people who are making a living in gambling because they are exceptional.
full member
Activity: 224
Merit: 100
October 16, 2016, 06:04:45 AM
Gambling has risks while trading is easy once you understand the market.
yes that is a fact that gambling is more risky than trading, in trading you have always a chance of recovering your money while in gambling there is no chance fo recovering your money.
hero member
Activity: 896
Merit: 1000
October 16, 2016, 01:25:51 AM
They are about the same thing.
Since trading is an investment all forms of investment are gambles.
Its a gamble that btc isn't going to crash, there are no guarantees in gambling and no guarantees in trading.
Well the chances are better in trading than in gambling. Risks are calculated here so the more experience and the more familiar you are with trading he more chance of you knowing when to trade. In gambling, you depend mainly on luck.it doesnt matter if you are prepared or not if youre lucky youre lucky if not you're screwed
Issue with trading is speculators they can dump on people just as fast as you can lose gambling so there both have their negatives.
hero member
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Merit: 529
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October 16, 2016, 12:46:50 AM
They are about the same thing.
Since trading is an investment all forms of investment are gambles.
Its a gamble that btc isn't going to crash, there are no guarantees in gambling and no guarantees in trading.
Well the chances are better in trading than in gambling. Risks are calculated here so the more experience and the more familiar you are with trading he more chance of you knowing when to trade. In gambling, you depend mainly on luck.it doesnt matter if you are prepared or not if youre lucky youre lucky if not you're screwed
hero member
Activity: 896
Merit: 1000
October 15, 2016, 09:43:45 PM
They are about the same thing.
Since trading is an investment all forms of investment are gambles.
Its a gamble that btc isn't going to crash, there are no guarantees in gambling and no guarantees in trading.
hero member
Activity: 1204
Merit: 500
October 15, 2016, 05:27:58 PM
Yes because theres a risk also in trading maybe you can lose your money like gambling so i consider that trading as gambling. But in trading if you lose somd you can recover it fast if you have a capital try to buy 3-4 different altcoins then you keep it in a long term. That is the best in trading if you lose somd you can get recover it fast.
the actual gambling and trading are different, even very different. losses in trading, you can still be minimized if you have a good analysis. so you sell the coins that you have before the price is really down, so you're not too lose in this case. but in gambling, you will not be able to minimize the risk that you have, because when you lose in a casino, then bet all the money you would have spent. so, perhaps in terms of making BTC become more in a short time with minimum risk, trading may still be better
hero member
Activity: 924
Merit: 505
October 15, 2016, 05:12:05 PM
Yes because theres a risk also in trading maybe you can lose your money like gambling so i consider that trading as gambling. But in trading if you lose somd you can recover it fast if you have a capital try to buy 3-4 different altcoins then you keep it in a long term. That is the best in trading if you lose somd you can get recover it fast.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
October 15, 2016, 05:11:43 PM
Gambling has risks while trading is easy once you understand the market.
Trading is never easy, whether you are trading altcoins, forex or stocks, there are always new strategies being tested, new software new knowledge to absorb, anyone that thins trading is easy is destined to have low profits or even worse to lose it all.
hero member
Activity: 644
Merit: 500
October 15, 2016, 04:26:55 PM
Yes I think its a sort of gambling, I think that the risks are equal in the first place so due to that I think that its logical that it can be considered as gambling.
Trading is maybe a little less more risky but its stays almost the same.

it is gambling only for those people who start trade and they consider only their luck enough for starting that trade and people who start trade with skills and do their research and get more knowledge about any investment do not see trade as gambling.
hero member
Activity: 1148
Merit: 527
October 15, 2016, 02:50:44 PM
Trading is very different from gambling, in my opinion. Depending on the level of knowledge and trading strategy, chances may significantly increase.
Thats true, for me trading is not like gambling, indeed both are risky but in trading its not all base in luck because you have to be knowledgeable in trading in order to do the right thing its more on experience and knowledge. unlike in gambling you have to be lucky to be able to win.

Trading does  also need  luck in able to make a succesful trade because  price movements are  too unpredictable too but as you said  trading is  different  from gambling at all in the sense that you could able to learn and make some trading styles that would  able you to make an edge or advantage  to make succesful trades and which this  thing you could  not see  on playing gambling. On doing gambling  it only  fully relies on luck.

That luck in trading can be feel by instinct.

Loook how traders especially in altcoin trades feel the possible luck that will happen in a certain. Yes you may know when the time luck will come. It's up tp the trader now how they will take advantage of that because sometimes others are greedy on profits resulting for negative result.
Gambling is different as trading, I tell you why. With gambling you develop addiction, with trade do you ? NO
With gambling you will always loose in the long run, with trading will you ? NO
So, both are completely different. Trading is simply all about skill and knowledge where gambling is just luck based.
legendary
Activity: 1106
Merit: 1000
October 14, 2016, 09:08:50 PM
Gambling has risks while trading is easy once you understand the market.

Both are risky. But you should understand that gambling is not for making a profit, but you can enjoy these games with money. If you want to grow your money, then you should invest money either in stocks, trading, casino investments or where you think is good to invest. Don't ever gamble by thinking you can grow your money.
The risk should be base on the assessment of the certain investor who owns the money, if he thinks he has a great shot in trading then it is just right to focus in trading, as long as we know the there are people who succeeds in trading we are also capable of following into their path of success.
legendary
Activity: 1148
Merit: 1006
October 14, 2016, 07:43:38 PM
Gambling has risks while trading is easy once you understand the market.

Both are risky. But you should understand that gambling is not for making a profit, but you can enjoy these games with money. If you want to grow your money, then you should invest money either in stocks, trading, casino investments or where you think is good to invest. Don't ever gamble by thinking you can grow your money.
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