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Topic: Do you consider trading as gambling? - page 61. (Read 47337 times)

full member
Activity: 196
Merit: 100
September 03, 2016, 11:54:00 AM
It can be considered as gambling but I do not think its really gambling what you are doing, gambling is really based on luck and with trading this is not the point if you ask me.
Due to this I think its better to just say its not the same..
hero member
Activity: 700
Merit: 500
September 03, 2016, 07:59:52 AM
Well in general trading in July and August is never easy, there is very little liquidity. Thats probably why there is very little trading volume right now in Bitcoin and Ethereum. The same is true for the stock markets. Usually in Sept-Oct the liquidity picks up again.

And at the same time, people are gambling on that price change expecting many unique desires on how the price will move.

But in here we can see that they are gambling for a reason, I mean chances of happening to their desires is really possible compare to the usual type of gambling.
It is our choice when we want to gamble. People make a choice when they wanted something to do, so when you gamble because you just want to then lose it is your fault not gamble itself. And we cannot consider trading as gambling they are different in many ways. Like gambling is just relying on luck while trading is more on knowledge.
I think like you make decisions in gambling similarly you make decisions in trading and while we all know that we always loose with gambling at the same time we all think and know that trading also cannot be much profitable and depends on what you pick to trade.
hero member
Activity: 1148
Merit: 527
September 03, 2016, 04:10:23 AM

Trading is not considered as gambling even both have the same risk on losing your money but on trading you could minimize the risk by studying trading techniques.


It is considered because there are money involved that will earn or lose.

The difference is, you can't purely rely on luck in trading since you can play with the price volatility compare to gambling where you will face the house edge of those gambling games that uses that one.

And techniques really a must but also you have to build experience as that is they key for a person to become a good trader.
Trading gives a great opportunity to earn and the longer we trade the more we learn base on our experience while in gambling the longer we stay to play the more we become fool, the real chance is in trading but it is not a guaranteed money as you need to learn it to earn it.
Right, with trading the chances of earning are much more than the chances compared to gambling. While trading also involves risk and you can loose still with gambling you will always loose. I think trading can be considered gambling for those who trade and buy altcoins without much inspection.
hero member
Activity: 952
Merit: 503
September 02, 2016, 04:44:54 PM
Yeah i consider trading as gambling , because sometime trading and gambling can be a risky and sometime can be get a big profit from trading and gambling mean both are same for me.
full member
Activity: 175
Merit: 100
September 02, 2016, 04:12:22 PM
Trading would in a way considered gambling because you do not know the outcome of the thing you are investing in.
Just like when you play a game at the casino you don't know the end result until the round is played. So they are both risky things too get into.
hero member
Activity: 644
Merit: 500
September 02, 2016, 04:07:59 PM

Trading is not considered as gambling even both have the same risk on losing your money but on trading you could minimize the risk by studying trading techniques.


It is considered because there are money involved that will earn or lose.

The difference is, you can't purely rely on luck in trading since you can play with the price volatility compare to gambling where you will face the house edge of those gambling games that uses that one.

And techniques really a must but also you have to build experience as that is they key for a person to become a good trader.
Trading gives a great opportunity to earn and the longer we trade the more we learn base on our experience while in gambling the longer we stay to play the more we become fool, the real chance is in trading but it is not a guaranteed money as you need to learn it to earn it.

that is true that in trade the more we play the more we learn and more we earn , but for some people it appear in gambling also especially in the sports gambling they spend more and more time with games and betting on there and with that they develop their skills more and more and with that the come to know that what sport is better for them and in that sports which team is better and will make them win. But still a risk exists there.
full member
Activity: 136
Merit: 100
September 02, 2016, 12:50:58 PM
i never consider trading as gambling to be honest because it mainly depends on your skills and not your luck
hero member
Activity: 910
Merit: 523
September 02, 2016, 12:41:35 PM

Trading is not considered as gambling even both have the same risk on losing your money but on trading you could minimize the risk by studying trading techniques.


It is considered because there are money involved that will earn or lose.

The difference is, you can't purely rely on luck in trading since you can play with the price volatility compare to gambling where you will face the house edge of those gambling games that uses that one.

And techniques really a must but also you have to build experience as that is they key for a person to become a good trader.
Trading gives a great opportunity to earn and the longer we trade the more we learn base on our experience while in gambling the longer we stay to play the more we become fool, the real chance is in trading but it is not a guaranteed money as you need to learn it to earn it.
Because trading have the same risk and we could loss the money it could consider as a kind of gambling. Even we could minimize the risk by studying trading techniques, it the same way with gambling that you should learning and get experiences about it to increase your chances to win.
hero member
Activity: 658
Merit: 501
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September 02, 2016, 12:35:02 PM
Trading is just a bit different from gambling as in trading you can read the news available from all markets available to anyone with an internet connection and maybe have a chance to win a bit. Statistics have shown us different things, like many who get sucked in the forex vortex they keep losing and some of them even becoming addicted to it. This is no much different from gambling but users here are divided, those who do trading rarely gamble and those who gamble don't have the time to make trading.
legendary
Activity: 1092
Merit: 1000
September 02, 2016, 12:28:21 PM

Trading is not considered as gambling even both have the same risk on losing your money but on trading you could minimize the risk by studying trading techniques.


It is considered because there are money involved that will earn or lose.

The difference is, you can't purely rely on luck in trading since you can play with the price volatility compare to gambling where you will face the house edge of those gambling games that uses that one.

And techniques really a must but also you have to build experience as that is they key for a person to become a good trader.
Trading gives a great opportunity to earn and the longer we trade the more we learn base on our experience while in gambling the longer we stay to play the more we become fool, the real chance is in trading but it is not a guaranteed money as you need to learn it to earn it.
Yes but that makes gambling more superior than the trade is very easy to guess where the course of the game is different with trading are difficult to guessing where the price would going.
gambling is way more difficult than trading because with trading there is possible to get more money with experience while gambling is pure luck
Gambling is not purely depended on Luck. Only slot games we need the luck to win our bet rest of all with our skills, we can win our bet. But Trading is a safe business here investment is high, and profit is bit low. If you compare Trading to gambling, i think trading is better. But we must have excellent knowledge of the market.
full member
Activity: 219
Merit: 205
_Bitcoin Africa_
September 02, 2016, 12:08:05 PM

Trading is not considered as gambling even both have the same risk on losing your money but on trading you could minimize the risk by studying trading techniques.


It is considered because there are money involved that will earn or lose.

The difference is, you can't purely rely on luck in trading since you can play with the price volatility compare to gambling where you will face the house edge of those gambling games that uses that one.

And techniques really a must but also you have to build experience as that is they key for a person to become a good trader.
Trading gives a great opportunity to earn and the longer we trade the more we learn base on our experience while in gambling the longer we stay to play the more we become fool, the real chance is in trading but it is not a guaranteed money as you need to learn it to earn it.
Yes but that makes gambling more superior than the trade is very easy to guess where the course of the game is different with trading are difficult to guessing where the price would going.
gambling is way more difficult than trading because with trading there is possible to get more money with experience while gambling is pure luck
legendary
Activity: 2436
Merit: 1008
September 02, 2016, 11:41:32 AM
Well in general trading in July and August is never easy, there is very little liquidity. Thats probably why there is very little trading volume right now in Bitcoin and Ethereum. The same is true for the stock markets. Usually in Sept-Oct the liquidity picks up again.

And at the same time, people are gambling on that price change expecting many unique desires on how the price will move.

But in here we can see that they are gambling for a reason, I mean chances of happening to their desires is really possible compare to the usual type of gambling.
It is our choice when we want to gamble. People make a choice when they wanted something to do, so when you gamble because you just want to then lose it is your fault not gamble itself. And we cannot consider trading as gambling they are different in many ways. Like gambling is just relying on luck while trading is more on knowledge.

He is talking about the price liquidity on the said date by the quoted post.

And Trading is a gamble too because you are risking money here with only difference that trading can be done in your own way. It will exclude the luck and knowledge since it was their unique characteristics but it will not change the fact that trading is also a gambling.
legendary
Activity: 1134
Merit: 1598
September 02, 2016, 11:16:21 AM
For me, yes. Trading is same as gambling, but trading don't have a big risk like gambling. Trading is also gambling because you also do a "bet" like gambling and also predicting too.

Having the current & the future (if possible) events known, you can predict more accurately in trading. So it's just partially gambling because you never know when you can be wrong about something.
sr. member
Activity: 420
Merit: 250
September 02, 2016, 11:13:35 AM
For me, yes. Trading is same as gambling, but trading don't have a big risk like gambling. Trading is also gambling because you also do a "bet" like gambling and also predicting too.
hero member
Activity: 1568
Merit: 502
September 02, 2016, 11:12:06 AM
Quite stumbling.


Trading are gambling both are same thing but  with different names and different circumstances.

Both involves risk but trading is skill and gambling is totally luck.
sr. member
Activity: 630
Merit: 267
Just follow the rules
September 02, 2016, 11:07:27 AM
For me its just the same. In the two, we both take risk of loosing money but then i think Trading is safer than gambling because when gambling, the big chance of loosing but in trading, we can have our trusted people to deal with. You just have to chose the right one for you to have a profit and earn money not to lose money.
I dont really agree, yes both of the action has a risk of losing money, but in trading we can minimize then losing percentage, which is by experience and through learning chart, in gambling we dont have any of that, we just rely on our luck to win the game, and sometimes you can earn more in trading
Oh thank you for correcting me , yes in trading we can minimize the money we want to lose because sometimes we buy more coins because if that coin is going to increase the price we can earn more profit right ? and it can grow our bitcoin fast. and in gambling we need skills and luck also to win game Smiley anyway thankyou <3
hero member
Activity: 1372
Merit: 503
September 02, 2016, 10:33:49 AM
Hey people,

I've always been a huge gambler. I like creating useless schemes (as we all know bank always win ^^) and betting whole nights long in order to find THE right way of betting.
But I need change, I can't bet over and over on the same game cause after I see that nothing can be done to change the odds, I'm bored.

So I thought a bit about trading and I started not so long ago. and it feels a bit like a betting game without knowing the odds and with an infinity of parameters!

Does anyone else takes trading as a gambling game? Smiley
Hmm well trading for me is like gambling also because you are risking your money that you are taking the risk so that you can able to grow your money or bitcoin , but in gambling is more that you are playing with your money and your making fun of it but you can lose or win depends on your skill
hero member
Activity: 1246
Merit: 529
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September 02, 2016, 10:06:14 AM
At my vision, gambling and trading are not the same, but both have similarities. They have high risks and possible high rewards, the main difference for me is that in trading you can set your own time to get out or wait, and invest based in development and informations. In gambling is almost always a game of luck.

Yeah that is true both are not same because in trading we can set our goal to exit, in gambling we put our money on very big risks because it deliver instant result as compare with trading, altcoins trading has a lot of potential to make profit for sure and that is the reason most of the people can predict about some altcoins.
and alt coin trading can be study and predicted unlike gambling we are just trusting our luck and just like what you've said you can control the amount of money whether you go all in if alts movement is good or out when the movements not favored you.
hero member
Activity: 700
Merit: 500
September 02, 2016, 09:17:59 AM
At my vision, gambling and trading are not the same, but both have similarities. They have high risks and possible high rewards, the main difference for me is that in trading you can set your own time to get out or wait, and invest based in development and informations. In gambling is almost always a game of luck.

Yeah that is true both are not same because in trading we can set our goal to exit, in gambling we put our money on very big risks because it deliver instant result as compare with trading, altcoins trading has a lot of potential to make profit for sure and that is the reason most of the people can predict about some altcoins.
hero member
Activity: 980
Merit: 500
September 02, 2016, 08:53:32 AM
IMO gambling is gambling as long as it's purely depending on luck and no support for it on other aspects "knowing methods of trading, best methods and ways to earn, specific market analysis", if the trader doesn't know these then it's merely gambling.

No trading and gambling have a very huge difference because on one side where you are betting on your luck and in investment you are actually investing your money WITHOUT ANY RISK for small profits.


I don't think so because for me they are totally different. Because in gambling we need more luck and we don't need more time to gain profit if we win. But of course it is depending when we win or not. But in investing we can grow our money with our strategy and with our knowledge for us to gain profit in a long run and in this kind of activities there is no easy money we need more patience for us to succeed.
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