Do you consider trading as gambling? - page 52.

naidray

legendary

Activity: 1232

Merit: 1029

Quote from: agustina2 on September 15, 2016, 01:40:00 PM

Quote from: Babayega31 on September 15, 2016, 12:36:30 PM

Both are risky but they differ in how to earn . Because gambling bigger than you losing than your winnings . The first trading because you just lose especially if you are new to trading you expect that, you will lose money at first but when you trade you have studied it carefully will easily earn just because you know how to trade and had profits . Gambling because if you have no luck where are you exhausted all your money .

You can't called it easy but rather you can just play along with the situation with comfortability. And with this you can able to make such plan on what will you do on your next move.

Advance trader still experiencing loss up to today so still it can't be considered as an easy one since cryptocurrencies' price fluctuations really moves a lot especially in altcoins.

Trading requires luck too while people say they just need knowledge because you see if trading would need just skills then why would a pro trader also loose money ? equally so a gambler will also loose money depending on how good he is, if very new he will loose more else less.

raaajlucky

hero member

Activity: 532

Merit: 500

Quote from: bitcoinmasterlord on September 18, 2016, 11:07:33 PM

Quote from: jakelyson on September 18, 2016, 10:34:22 PM

Quote from: fullypak on September 18, 2016, 08:20:29 PM

Quote from: michelle1845 on September 18, 2016, 07:25:10 PM

Trading actually involves a deep study, before investing your money or putting your possession into 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.

It is true. Anyone invest money in trading based on someone's suggestion is like gambling so don't ever invest money based on some tips. Instead, try to find out the news is correct or not before investing. Many people lost money who invested based on some suggestions and start blaming the tip provider.

It is good to listen to tipster so you can get some idea but the final say should always be yours. Get some tips then verify if the idea is feasible or not. Do not just blindly follow tipster because sometimes it is just a plot for them to earn more. In short, do not be lazy especially if you are in trading.

But you we listen to tipster and if we don't have a much knowledge on the product than mostly we may follow the tipster tips. So if you don't have a knowledge on particular product it is better avoid investing on those products to avoid loss.

I totally agree on this in gambling if we follow tipster suggestion there are possibilities to win our bet. But in trading it is not like that we have to learn how to do trading just because of someone suggestion how can we invest money right. So trading needs more knowledge on market and Gambling require more luck to win our bet.

bitcoinmasterlord

legendary

Activity: 1148

Merit: 1006

Quote from: jakelyson on September 18, 2016, 10:34:22 PM

Quote from: fullypak on September 18, 2016, 08:20:29 PM

Quote from: michelle1845 on September 18, 2016, 07:25:10 PM

Trading actually involves a deep study, before investing your money or putting your possession into 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.

It is true. Anyone invest money in trading based on someone's suggestion is like gambling so don't ever invest money based on some tips. Instead, try to find out the news is correct or not before investing. Many people lost money who invested based on some suggestions and start blaming the tip provider.

It is good to listen to tipster so you can get some idea but the final say should always be yours. Get some tips then verify if the idea is feasible or not. Do not just blindly follow tipster because sometimes it is just a plot for them to earn more. In short, do not be lazy especially if you are in trading.

But you we listen to tipster and if we don't have a much knowledge on the product than mostly we may follow the tipster tips. So if you don't have a knowledge on particular product it is better avoid investing on those products to avoid loss.

jakelyson

legendary

Activity: 2240

Merit: 1069

Quote from: fullypak on September 18, 2016, 08:20:29 PM

Quote from: michelle1845 on September 18, 2016, 07:25:10 PM

Trading actually involves a deep study, before investing your money or putting your possession into 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.

It is true. Anyone invest money in trading based on someone's suggestion is like gambling so don't ever invest money based on some tips. Instead, try to find out the news is correct or not before investing. Many people lost money who invested based on some suggestions and start blaming the tip provider.

It is good to listen to tipster so you can get some idea but the final say should always be yours. Get some tips then verify if the idea is feasible or not. Do not just blindly follow tipster because sometimes it is just a plot for them to earn more. In short, do not be lazy especially if you are in trading.

Caladonian

hero member

Activity: 1302

Merit: 540

Quote from: Hatuferu on September 18, 2016, 09:46:11 PM

Quote from: fullypak on September 18, 2016, 08:20:29 PM

Quote from: michelle1845 on September 18, 2016, 07:25:10 PM

Trading actually involves a deep study, before investing your money or putting your possession into 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.

It is true. Anyone invest money in trading based on someone's suggestion is like gambling so don't ever invest money based on some tips. Instead, try to find out the news is correct or not before investing. Many people lost money who invested based on some suggestions and start blaming the tip provider.

Getting tips from the expert could help in trading but you should not only rely on what they said because you have your responsibility to do the right research before to decide, that is your money that is being use in trading so you should manage it well in order for you to grow your capital.

i agree with you mate even their is insiders tips that provided to you the fluctuation is still unavoidable to better yet to check the project
first before placing your entry tips are good for those who did their homework.

Hatuferu

legendary

Activity: 1092

Merit: 1000

https://trueflip.io/

Quote from: fullypak on September 18, 2016, 08:20:29 PM

Quote from: michelle1845 on September 18, 2016, 07:25:10 PM

Trading actually involves a deep study, before investing your money or putting your possession into 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.

It is true. Anyone invest money in trading based on someone's suggestion is like gambling so don't ever invest money based on some tips. Instead, try to find out the news is correct or not before investing. Many people lost money who invested based on some suggestions and start blaming the tip provider.

Getting tips from the expert could help in trading but you should not only rely on what they said because you have your responsibility to do the right research before to decide, that is your money that is being use in trading so you should manage it well in order for you to grow your capital.

fullypak

legendary

Activity: 1456

Merit: 1005

Quote from: michelle1845 on September 18, 2016, 07:25:10 PM

Trading actually involves a deep study, before investing your money or putting your possession into 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.

It is true. Anyone invest money in trading based on someone's suggestion is like gambling so don't ever invest money based on some tips. Instead, try to find out the news is correct or not before investing. Many people lost money who invested based on some suggestions and start blaming the tip provider.

michelle1845

member

Activity: 70

Merit: 10

Trading actually involves a deep study, before investing your money or putting your possession into 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.

Dr.Osh

legendary

Activity: 2758

Merit: 1004

Buzz App - Spin wheel, farm rewards

Quote from: upsidedown75 on September 18, 2016, 03:40:16 PM

Quote from: kaomaxx on September 15, 2016, 02:54:32 PM

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some Undecided

There is a slight difference though, being a trader you know when to invest and when not to invest while with gambling you never know which game to bet and which not, maybe you know in sports but dice not. So trading can sometimes save you from loss while gambling will always end up in loss less or more.

there are some differences in gambling and trading. in a gamble when you lose, you will lose all the money you bet, but in trading, if you price does not match the predictions, then the money from the trading that you do only reduced, but not exhausted, and if you do the analysis carefully, you can make your victory become larger

20kevin20

legendary

Activity: 1134

Merit: 1599

Quote from: Zadicar on September 18, 2016, 04:54:42 AM

Quote from: jakelyson on September 18, 2016, 01:39:07 AM

Quote from: kaomaxx on September 15, 2016, 02:54:32 PM

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some Undecided

If you are trading blindly or ignoring the charts and the market, then you can consider it a gamble with a low chance of winning. But if you study the charts and the market, then your trades will probably win and make you some profits. Gambling does not have that, only press the button and pray you win.

Correct, trading without any knowledge would be like the same as gambling but same as you said if you do consider the charts and market news related to it then for sure you might gain a profitable trading but it's not a guarantee since we can't really make consecutive winning trades because as we know price volatility.

I traded once without any knowledge (with free accounts on my phone) and lost all within 15 minutes. Grin

I didn't even know what the buttons would do on the app. You really do need knowledge for trading, but it's still riskier than actually having a business.

upsidedown75

legendary

Activity: 1288

Merit: 1036

Quote from: kaomaxx on September 15, 2016, 02:54:32 PM

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some Undecided

There is a slight difference though, being a trader you know when to invest and when not to invest while with gambling you never know which game to bet and which not, maybe you know in sports but dice not. So trading can sometimes save you from loss while gambling will always end up in loss less or more.

mobilestrike

hero member

Activity: 907

Merit: 500

Quote from: Caladonian on September 18, 2016, 07:10:07 AM

Quote from: Zadicar on September 18, 2016, 04:54:42 AM

Quote from: jakelyson on September 18, 2016, 01:39:07 AM

Quote from: kaomaxx on September 15, 2016, 02:54:32 PM

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some Undecided

If you are trading blindly or ignoring the charts and the market, then you can consider it a gamble with a low chance of winning. But if you study the charts and the market, then your trades will probably win and make you some profits. Gambling does not have that, only press the button and pray you win.

Correct, trading without any knowledge would be like the same as gambling but same as you said if you do consider the charts and market news related to it then for sure you might gain a profitable trading but it's not a guarantee since we can't really make consecutive winning trades because as we know price volatility.

and if you just placing your position due to your prediction and no any updates or possible plan it can really consider as gambling.

But in trading you will at least know that the time is going against you or in your favor while in gambling you only click to bet and do not know that what is going to happen.

Lionidas

hero member

Activity: 1008

Merit: 1012

Trading is definitely not the same as gambling.
With gambling you are taking on a high amount of risk on your picks.
With trading you have a more of a sense of that you will get back your initial investment and only lose that amount if you do "choose" risky trades.

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: Chrismeister on September 18, 2016, 09:34:14 AM

No I do not consider trading as gambling, but its risky indeed so for a part it is the same but you are doing something else and due to that I think you cannot compare it with each other.
Its both risky and you should not do it too much.

Yes, both having all most same risk. In Gambling off course making profit is not easy. In slot games, it is not possible but in sports betting if you try hard means you can make a profit here. In Trading, i don't know this will give more profit or not. But if you do trading with trustworthy members means you can able to make some profit here. According to me Trading and Gambling both are different.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: jakelyson on September 18, 2016, 10:30:27 AM

Quote from: Zadicar on September 18, 2016, 04:54:42 AM

Quote from: jakelyson on September 18, 2016, 01:39:07 AM

Quote from: kaomaxx on September 15, 2016, 02:54:32 PM

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some Undecided

If you are trading blindly or ignoring the charts and the market, then you can consider it a gamble with a low chance of winning. But if you study the charts and the market, then your trades will probably win and make you some profits. Gambling does not have that, only press the button and pray you win.

Correct, trading without any knowledge would be like the same as gambling but same as you said if you do consider the charts and market news related to it then for sure you might gain a profitable trading but it's not a guarantee since we can't really make consecutive winning trades because as we know price volatility.

Price volatility can be useful if we can ride it. Anyway, if it is bitcoin, just do not panic sell if you bought and the price went down. It will always come back up. It is a sign that you should buy more when the price is falling. If you have the guts to hodl and buy more during price fall, then you will be all profit when it comes back up.

same concept with real alt coin project just keep it on hold and do not make any panic when the price seems to fell down its just normal because big players are working on it to shake the market and to take advantage with the weak holders the more you see the price goes down the more you should take a big hold because after that big pump will follow.

jakelyson

legendary

Activity: 2240

Merit: 1069

Quote from: Zadicar on September 18, 2016, 04:54:42 AM

Quote from: jakelyson on September 18, 2016, 01:39:07 AM

Quote from: kaomaxx on September 15, 2016, 02:54:32 PM

Trading should definitely be considered as gambling as the chances of predicting the outcome is low and this in turn is risky for the trader
You lose some You win some Undecided

If you are trading blindly or ignoring the charts and the market, then you can consider it a gamble with a low chance of winning. But if you study the charts and the market, then your trades will probably win and make you some profits. Gambling does not have that, only press the button and pray you win.

Correct, trading without any knowledge would be like the same as gambling but same as you said if you do consider the charts and market news related to it then for sure you might gain a profitable trading but it's not a guarantee since we can't really make consecutive winning trades because as we know price volatility.

Price volatility can be useful if we can ride it. Anyway, if it is bitcoin, just do not panic sell if you bought and the price went down. It will always come back up. It is a sign that you should buy more when the price is falling. If you have the guts to hodl and buy more during price fall, then you will be all profit when it comes back up.

Chrismeister

sr. member

Activity: 465

Merit: 250

No I do not consider trading as gambling, but its risky indeed so for a part it is the same but you are doing something else and due to that I think you cannot compare it with each other.
Its both risky and you should not do it too much.

poplolnman

legendary

Activity: 1442

Merit: 1008

Quote from: talkbitcoin on September 14, 2016, 01:40:31 AM

Quote from: poplolnman on September 14, 2016, 01:14:57 AM

Quote from: techfm86 on September 13, 2016, 08:24:37 PM

From my perspective, trading bitcoins or altcoins can be considered as gambling, with a much lower level of risk, of course. When i trade i'm researching coins same as some sports gambler research football teams. In both cases it's gamble if you don't have some reliable insider info..

if you compared trading with sports betting yeah it's makes sense both are requiered some research to maximize your chance to win and get profit but if you compare trading with a casino games like blackjack, roulette , lotterry , slots machine , dice etc could you still call it as same thing as trading ? no of course not.

even if you are comparing trading with those gambling games that require skills more than luck like betting on sports, there is still a lot of big differences between gambling and trading.

because although there is so little need to luck in trading, there is a lot of luck needed in gambling even if you are gather information on the sports and making a good bet, you are still risking a lot.

so the point are trading are not gambling . but sometimes in trading you need to gamble on uncertain situation. as most of the times trading are about to predict the price based on multiple factor and gambling morelikely to a pure guessing based on nothing except sports betting of course.

sulendra12

hero member

Activity: 2912

Merit: 526

Reward: 10M Shen (Approx. 5000 BNB) Bounty

Quote from: Universat on September 18, 2016, 09:13:29 AM

Quote from: Mitchow on February 25, 2016, 09:06:31 AM

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.

no trading and gambling is not the same, there is so much difference between the two, now doubt both are risky but i think gambling is more risky than trading, if you want to make money and want to do some business you must take the risk and there is no other option with you, so to me trading is a little safe way of earning money as compare to gambling so you should give preference to trading.

Well , he has his opinion about trading and gambling and claimed Trading and Gambling is same .
But , gambling is more riskier than trading like you said . In trading , you still can control your money flow and about gambling is just like time bomb before you ended to lose because can't maintain your gameplay.

Universat

sr. member

Activity: 308

Merit: 250

Quote from: Mitchow on February 25, 2016, 09:06:31 AM

Trading and Gambling are both same for me, as both are risky and waste of time, both involves risk of your money, which you can loose at any stage, so its better to stay away from both.

no trading and gambling is not the same, there is so much difference between the two, now doubt both are risky but i think gambling is more risky than trading, if you want to make money and want to do some business you must take the risk and there is no other option with you, so to me trading is a little safe way of earning money as compare to gambling so you should give preference to trading.

Topic: Do you consider trading as gambling? - page 52. (Read 47346 times)