Do you consider trading as gambling? - page 48.

tabas

hero member

Activity: 3024

Merit: 745

🌀 Cosmic Casino

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.

Zooplus

legendary

Activity: 1106

Merit: 1000

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.

purebitco

sr. member

Activity: 337

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

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

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

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.

Labumi

hero member

Activity: 756

Merit: 500

Quote from: ardentvolcanoes on September 24, 2016, 09:27:07 AM

Quote from: dunfida on September 24, 2016, 08:52:10 AM

Quote from: jakelyson on September 24, 2016, 07:37:13 AM

Quote from: hua_hui on September 21, 2016, 08:31:58 PM

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)

ardentvolcanoes

sr. member

Activity: 1050

Merit: 252

Quote from: dunfida on September 24, 2016, 08:52:10 AM

Quote from: jakelyson on September 24, 2016, 07:37:13 AM

Quote from: hua_hui on September 21, 2016, 08:31:58 PM

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 .

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: jakelyson on September 24, 2016, 07:37:13 AM

Quote from: hua_hui on September 21, 2016, 08:31:58 PM

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.

jakelyson

legendary

Activity: 2240

Merit: 1069

Quote from: hua_hui on September 21, 2016, 08:31:58 PM

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.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: livinglegend on September 23, 2016, 01:55:48 PM

It's like gambling where you can increase your chances with good informations, but the manipulation from the P&D groups can make it very difficult.

you are correct if whales played with the current price it is now pure gambling for your part because you are risking your money in a 50/50 chances but if the trade is fair we can consider it not a gambling but trusting the future goal of this specific investment.

freedomgo

legendary

Activity: 3318

Merit: 1185

Playbet.io - Crypto Casino and Sportsbook

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.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

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.

allsir

sr. member

Activity: 279

Merit: 250

Quote from: Zooplus on September 23, 2016, 10:11:23 PM

Quote from: livinglegend on September 23, 2016, 01:55:48 PM

It's like gambling where you can increase your chances with good informations, but the manipulation from the P&D groups can make it very difficult.

You can expect any manipulation especially when you are trading with a low volume coins, that should be part of the factors that you should consider as a trader for you to be able to do your job well and to be a successful trader.

just trading for example at yobit is more gambling , a lot of dead coins are there,
and sometimes gambling and traiding is same

Zooplus

legendary

Activity: 1106

Merit: 1000

Quote from: livinglegend on September 23, 2016, 01:55:48 PM

It's like gambling where you can increase your chances with good informations, but the manipulation from the P&D groups can make it very difficult.

You can expect any manipulation especially when you are trading with a low volume coins, that should be part of the factors that you should consider as a trader for you to be able to do your job well and to be a successful trader.

livinglegend

member

Activity: 84

Merit: 10

It's like gambling where you can increase your chances with good informations, but the manipulation from the P&D groups can make it very difficult.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: mirakal on September 23, 2016, 08:35:15 AM

Quote from: molsewid on September 23, 2016, 07:43:04 AM

I never tried trading nor gambling so i dont have any idea to share what the difference between that too but hoping soon i will make my first move to do trading and gambling i already read those gambling website where i can start playing it and the mechanics are really looks good and in trading im going to ask my friend who are trader since 2014 i think he got some ideas to share with me hope so.

Well, since you have no idea you are suppose not to participate on the discussion because you are off topic, but in any you have a relative discussion somehow, my suggestion to you is that you should try both so you will know the difference and you will become a certified risk taker.

He might be off topic but the thought regarding to the topic does connects which somehow understandable. You should try those things so that you would not be so innocent in this world. lol. Trading and gambling are common things here, if you dont know those things then, where are you after all this time? Grin

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: molsewid on September 23, 2016, 07:43:04 AM

I never tried trading nor gambling so i dont have any idea to share what the difference between that too but hoping soon i will make my first move to do trading and gambling i already read those gambling website where i can start playing it and the mechanics are really looks good and in trading im going to ask my friend who are trader since 2014 i think he got some ideas to share with me hope so.

Well, since you have no idea you are suppose not to participate on the discussion because you are off topic, but in any you have a relative discussion somehow, my suggestion to you is that you should try both so you will know the difference and you will become a certified risk taker.

shadobitz

hero member

Activity: 686

Merit: 500

Quote from: jacktheking on September 23, 2016, 05:40:44 AM

I take trading as a game but not gambling. I research for the right stocks (umm, for me Altcoins or fiat currencies only) to invest my Bitcoin in. When I buy them, I buy them with confident knowing that I will not lose anything. I take trading more like a real time strategy game where as every movements counts.

Despite trading like this, I have yet to make any huge profit from trading. Sad

.

That is good to hear you have very good knowledge and your analysis for pick the right option for trading doing very good job for you, I also think trading is not similar with gambling because it has very huge potential to get nice profit, if we have good knowledge about any particular thing.

molsewid

hero member

Activity: 2170

Merit: 530

I never tried trading nor gambling so i dont have any idea to share what the difference between that too but hoping soon i will make my first move to do trading and gambling i already read those gambling website where i can start playing it and the mechanics are really looks good and in trading im going to ask my friend who are trader since 2014 i think he got some ideas to share with me hope so.

naidray

legendary

Activity: 1232

Merit: 1029

Quote from: jacktheking on September 23, 2016, 05:40:44 AM

I take trading as a game but not gambling. I research for the right stocks (umm, for me Altcoins or fiat currencies only) to invest my Bitcoin in. When I buy them, I buy them with confident knowing that I will not lose anything. I take trading more like a real time strategy game where as every movements counts.

Despite trading like this, I have yet to make any huge profit from trading. Sad

.

What is the difference between games and gambling, playing with money is always wrong. Unfortunately many traders are working in trading without knowing they are already doing it in gambling way. Your trading has already turned into gambling in my opinion, still you are able to make profits that is really nice to know.

jacktheking

legendary

Activity: 1484

Merit: 1001

Personal Text Space Not For Sale

I take trading as a game but not gambling. I research for the right stocks (umm, for me Altcoins or fiat currencies only) to invest my Bitcoin in. When I buy them, I buy them with confident knowing that I will not lose anything. I take trading more like a real time strategy game where as every movements counts.

Despite trading like this, I have yet to make any huge profit from trading. Sad

.

Topic: Do you consider trading as gambling? - page 48. (Read 47346 times)