Do you consider trading as gambling? - page 47.

purebitco

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Quote from: ethereumhunter on September 29, 2016, 04:05:36 AM

Quote from: Zooplus on September 27, 2016, 10:16:14 PM

Quote from: purebitco on September 27, 2016, 06:43:15 PM

of course it is juts a pure gambling, it is really easy to lose money there as it is impossible to predict the price

I don't agree with your statement, if that is pure gambling then all of us will just lose in the long run, trading is a different thing, it could be risky because we cannot ensure if our prediction is right but with the past information regarding the asset you can analyze and can come up with a good decision.

if we are loss in trading actually we are not really loss, because there is still altcoin left in our wallet and we can hope that in someday the rate of altcoin that we buy has got increas for the price and its really different from gambling.

if you do trading then you would most probably lose money in my opinion, trading is like gambling

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yes I do consider trading as gambling but its of course your own choice what you want, I think it is the same, it almost has the same risks too.

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Quote from: lorylore on September 28, 2016, 05:47:31 PM

Gambling is leave your destiny to luck. So you have no control over the outcome. However, for trading you can improve on your trading skill by doing more research and having more studies. In this way, your risk element will dramatically drop a lot and you will realise that trading is profitable, unlike most gambling.

You have no control over the outcome when you trade either, besides you can increase your knowledge and skills when you gamble too, just look at poker there are many courses in order to learn how to play poker and if you dedicate energy and time to it you will improve and see better results.

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Quote from: Zooplus on September 27, 2016, 10:16:14 PM

Quote from: purebitco on September 27, 2016, 06:43:15 PM

of course it is juts a pure gambling, it is really easy to lose money there as it is impossible to predict the price

I don't agree with your statement, if that is pure gambling then all of us will just lose in the long run, trading is a different thing, it could be risky because we cannot ensure if our prediction is right but with the past information regarding the asset you can analyze and can come up with a good decision.

From the definition, anything that have risk and doing it is called gambling, trading itself has risk the same thing as blackjack and poker, even sports betting is gambling, but the question is why is trading not considered gambling while poker, blackjack and sports betting are considered gambling when the fact that all of them have risk mitigator meaning with skills and experience, people can mitigate or make risk less effective.

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Quote from: Iceborn on September 21, 2016, 07:50:23 PM

For a part I consider trading as gambling because of the risks that are almost the same, I think that gambling is similar to it, trading is risky and you can lose a lot of money.
Its maybe less more addictive but it has almost the same risks so..

You consider trading as risky is because you never do the proper research. It is just like those non-investor keep telling their peers that investment is a scary thing and you cant gain from it. But everyone knows they need to invest in order to keep up with inflation. So do put in some effort to study the market and you will feel it is not as risky as you think.

That is quite accurate. I also always hear that thing that investing is risky or should only be done by the rich. But the ones who are telling this are the ones who does not even experienced trading or invested on anything. It is like they just want to cast their fears on us. I also think that trading has its risk, but those risk can be minimized. While in gambling, there is no way you can minimize those risk. And besides, in gambling, the house have the bigger advantage so you are taking a bigger risk.

Investments do have really some risk on lossing you money it really depends on a person if he would go through the risk or avoid it at all. As we all know if you want to gain something you must risk something and thats the way on investments. Trading has risk than gambling but you could possibly do smart trades to lessen the risk.

I don't think that trading has more risk than gambling you couldn't see it that it is much better to trade that to gamble because the main reason is there are more people dealing with gambling . We should have a better knowledge before going to trading as well as on gambling there should be a better strategy to be applied . And i agree to what you mentioned every investments has it's own risk .

The two things you mentioned indeed always requires enough knowledge to be able to get some decent gains we get. gambling requires enough knowledge, but gambling is far more dangerous than trading. Because gambling addiction will give to us that play is excessive and is always a big profit-minded (greedy)

And that's why gambling is more risky because you are risking not only your money but also your time and yourself as well , you have enough knowledge in gambling but then it gives addiction especially those who are still digging and aiming for a higher profit in gambling . We can see anything good from gambling but can never it from the people .

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Quote from: ethereumhunter on September 29, 2016, 04:05:36 AM

Quote from: Zooplus on September 27, 2016, 10:16:14 PM

Quote from: purebitco on September 27, 2016, 06:43:15 PM

of course it is juts a pure gambling, it is really easy to lose money there as it is impossible to predict the price

I don't agree with your statement, if that is pure gambling then all of us will just lose in the long run, trading is a different thing, it could be risky because we cannot ensure if our prediction is right but with the past information regarding the asset you can analyze and can come up with a good decision.

if we are loss in trading actually we are not really loss, because there is still altcoin left in our wallet and we can hope that in someday the rate of altcoin that we buy has got increas for the price and its really different from gambling.

Lose could mean that we are not doing well in trading, but if we are not doing well we can correct that and will be successful someday, the key here is just learn from your mistakes and always adjust your method if it will not work, and again always consider putting the amount that you can afford to lose.

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Quote from: Zooplus on September 27, 2016, 10:16:14 PM

Quote from: purebitco on September 27, 2016, 06:43:15 PM

of course it is juts a pure gambling, it is really easy to lose money there as it is impossible to predict the price

I don't agree with your statement, if that is pure gambling then all of us will just lose in the long run, trading is a different thing, it could be risky because we cannot ensure if our prediction is right but with the past information regarding the asset you can analyze and can come up with a good decision.

if we are loss in trading actually we are not really loss, because there is still altcoin left in our wallet and we can hope that in someday the rate of altcoin that we buy has got increas for the price and its really different from gambling.

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Quote from: EdenHazard on September 28, 2016, 06:03:27 PM

Quote from: lorylore on September 28, 2016, 05:47:31 PM

Gambling is leave your destiny to luck. So you have no control over the outcome. However, for trading you can improve on your trading skill by doing more research and having more studies. In this way, your risk element will dramatically drop a lot and you will realise that trading is profitable, unlike most gambling.

even though i believe in trading are much more realistic to make it as an income source , i doubt everybody can do this i mean doing research studying stuff etc in the end people just guessing the price randomly.

which it is make trading favour to gambling , did you think so too?

That's why people have different views.

For those people who wants trades so much then definitely they started as a noob and prior doing the actual trades, they will research first. But I don't like the idea that trading will be the source of income of anyone.

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Quote from: purebitco on September 27, 2016, 06:43:15 PM

of course it is juts a pure gambling, it is really easy to lose money there as it is impossible to predict the price

well to be honest it is not only gambling, it is way more than that, i think it requires a lot of skills and experience

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Quote from: lorylore on September 28, 2016, 05:47:31 PM

Gambling is leave your destiny to luck. So you have no control over the outcome. However, for trading you can improve on your trading skill by doing more research and having more studies. In this way, your risk element will dramatically drop a lot and you will realise that trading is profitable, unlike most gambling.

even though i believe in trading are much more realistic to make it as an income source , i doubt everybody can do this i mean doing research studying stuff etc in the end people just guessing the price randomly.

which it is make trading favour to gambling , did you think so too?

lorylore

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Gambling is leave your destiny to luck. So you have no control over the outcome. However, for trading you can improve on your trading skill by doing more research and having more studies. In this way, your risk element will dramatically drop a lot and you will realise that trading is profitable, unlike most gambling.

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Quote from: warwar on September 27, 2016, 11:40:13 PM

Quote from: South Park on September 27, 2016, 05:50:28 PM

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Quote from: nova-rider on September 22, 2016, 11:31:28 PM

Trading actually involves a deep study before you invest your money or put your possession in it. So for those people who just listen to one or two articles, and then go straight into trading for that stocks, would be more like gambling.

Correct, trading needs a lot of knowledge and many times expert traders also lose a lot of money. It is not so easy like many people thinks, but if you go for a longer term, then you got a better chance of making money from trading than doing short term trading.

Not only that but short term trading requires a lot more time and energy since you need to watch the screen every day for hours trying to find any signal in order to try to predict how the market is going to move, by using a more long term strategy, you still need to be on top of things but not as much as with short term trading.

Exactly, that consumes a lot effort and time, you will only be successful doing that if you are a full time trader, in addition the new software which are the trading BOT could also help but since I have not used it I cannot guarantee that, others said that makes an easy for day traders.

I have heard of such Bots but I haven’t seen one in action yet, if those bots could be programed to do exactly what you would do then that will be a great way to automatize your day trading.

Bots are great and it could lessen your work. You can program it what ever you want but lot of sites now are anti bot so you cant test your bot over that site but really it is a kind of lazy thing you will do Cheesy

Really? That is odd, most of the trades happening in the world are now handled by computers whether as aids or as the decision makers, besides what could they do to avoid bots? Besides some captchas.

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Quote from: coynedterm on September 28, 2016, 12:11:12 AM

i think yes , gambling is like a trading . since trading work is smooth when price of bitcoin remain stable but when price suddenly and sharply fluctuate then a big problem comes in font of a trader to how to recover loss of fall in rate .

You are right, so according to me Gambling and Trading have equal risk, but both are not equal. Trading needs big Bankroll and more knowledge on the market. And we must follow the daily updates of the market. In gambling this much of study not required. If you have luck, you will make money. Or else if you know any sports you can easily earn money. So I do not consider the Trading as gambling.

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Quote from: coynedterm on September 28, 2016, 12:11:12 AM

i think yes , gambling is like a trading . since trading work is smooth when price of bitcoin remain stable but when price suddenly and sharply fluctuate then a big problem comes in font of a trader to how to recover loss of fall in rate .

but unlike gambling you will not lose everything but just a part of it and you still have an option to hold or to sell and buy another one to save your money if you see that the movement is on a totally downfall unlike gambling just hoping for your luck and your control is limited,.

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Yes, trading is a form of gambling. When one places an amount of money on a specific future outcome with an expectation that they will be rewarded if they make the right choice and lose if they are wrong, they are gambling. It is the same concept....If I bet that my pocket Aces will win the hand pre-flop, I'm betting that the next cards up won't beat my aces....Putting money down on future outcomes is gambling.

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i think yes , gambling is like a trading . since trading work is smooth when price of bitcoin remain stable but when price suddenly and sharply fluctuate then a big problem comes in font of a trader to how to recover loss of fall in rate .

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Quote from: Zooplus on September 27, 2016, 10:16:14 PM

Quote from: purebitco on September 27, 2016, 06:43:15 PM

of course it is juts a pure gambling, it is really easy to lose money there as it is impossible to predict the price

I don't agree with your statement, if that is pure gambling then all of us will just lose in the long run, trading is a different thing, it could be risky because we cannot ensure if our prediction is right but with the past information regarding the asset you can analyze and can come up with a good decision.

yeaaa it is obvious that trading are not pure gambling .
predicting price in trading are not pure gambling there is a steps/stages to reach the perfect prediction (a lot of sides determined).
different in games of gambling , there only two sides to determine the outcome and you are pure gamble on that.

warwar

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Quote from: South Park on September 27, 2016, 05:50:28 PM

Quote from: freedomgo on September 24, 2016, 02:21:53 AM

Quote from: South Park on September 24, 2016, 12:02:14 AM

Quote from: raaajlucky on September 23, 2016, 04:40:43 AM

Quote from: nova-rider on September 22, 2016, 11:31:28 PM

Trading actually involves a deep study before you invest your money or put your possession in it. So for those people who just listen to one or two articles, and then go straight into trading for that stocks, would be more like gambling.

Correct, trading needs a lot of knowledge and many times expert traders also lose a lot of money. It is not so easy like many people thinks, but if you go for a longer term, then you got a better chance of making money from trading than doing short term trading.

Not only that but short term trading requires a lot more time and energy since you need to watch the screen every day for hours trying to find any signal in order to try to predict how the market is going to move, by using a more long term strategy, you still need to be on top of things but not as much as with short term trading.

Exactly, that consumes a lot effort and time, you will only be successful doing that if you are a full time trader, in addition the new software which are the trading BOT could also help but since I have not used it I cannot guarantee that, others said that makes an easy for day traders.

I have heard of such Bots but I haven’t seen one in action yet, if those bots could be programed to do exactly what you would do then that will be a great way to automatize your day trading.

Bots are great and it could lessen your work. You can program it what ever you want but lot of sites now are anti bot so you cant test your bot over that site but really it is a kind of lazy thing you will do Cheesy

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Quote from: purebitco on September 27, 2016, 06:43:15 PM

of course it is juts a pure gambling, it is really easy to lose money there as it is impossible to predict the price

It's not impossible. Billionaires all around the world always got the information before we all do. This is why they always win profit in trading, because they know the answers to any question before us. We are the ones predicting, they are the ones knowing what's happening around. If we had enough time and resources to find them too, we would be able to trade without failure at any time.

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Quote from: tabas on September 27, 2016, 10:21:24 PM

Quote from: purebitco on September 27, 2016, 06:43:15 PM

of course it is juts a pure gambling, it is really easy to lose money there as it is impossible to predict the price

Well in any type of investment that is going to be pure gambling because you are going to risk your money or bitcoin with it. But I guess it is going to be more possible that you are going to earn if you are going to choose trading because you are not just going to base your profit there with income but with proper knowledge and background.

Exactly, it cannot be denied that trading is better than gambling, for the reason that you can learn from your mistakes and while you are doing it overtime you will be able to achieve success, gambling is just a game of luck and is intended only for fun not for money so that is the big difference.

Topic: Do you consider trading as gambling? - page 47. (Read 47346 times)