Do you consider trading as gambling? - page 70.

Finestream

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Quote from: Leonard2016 on July 20, 2016, 07:53:14 AM

Quote from: posternat on July 20, 2016, 06:02:59 AM

Quote from: trafficolaa on July 20, 2016, 05:59:38 AM

Quote from: WarrEagle on July 19, 2016, 08:58:25 PM

Well, if you only make good trades and invest in the right ones. You can do quite well, I have and continue to try to make more.

I think it based on people knowledge how deeply they know, what is the potential of that pick so that it can be better than gambling in long term, in that kind of case trading can't be consider as gambling when it has very good safety for some experienced people.

Yes, Gambling is purely luck and you have no control on it. While Trading requires good experience and good traders never lose. We cant say same about gambling as experience does not count much in gambling.

you can say that for gambling as general but that is not true at all for trading because you can never give a general rule that applies to everybody in trading.
there are a lot of users here that are treating trading similar to gambling meaning they buy a coin and gamble if it goes up or down and they have no idea why they bought that coin.

It is only pure gambling when you are not studying the coins you bought, my suggestion is even if we are investing in altcoins and some generalized altcoins as shitcoins but if you look at closely you can find a good coins there, to name a few we have LIR, Waves, Lisk, and The DAO.

Leonard2016

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Quote from: posternat on July 20, 2016, 06:02:59 AM

Quote from: trafficolaa on July 20, 2016, 05:59:38 AM

Quote from: WarrEagle on July 19, 2016, 08:58:25 PM

Well, if you only make good trades and invest in the right ones. You can do quite well, I have and continue to try to make more.

I think it based on people knowledge how deeply they know, what is the potential of that pick so that it can be better than gambling in long term, in that kind of case trading can't be consider as gambling when it has very good safety for some experienced people.

Yes, Gambling is purely luck and you have no control on it. While Trading requires good experience and good traders never lose. We cant say same about gambling as experience does not count much in gambling.

you can say that for gambling as general but that is not true at all for trading because you can never give a general rule that applies to everybody in trading.
there are a lot of users here that are treating trading similar to gambling meaning they buy a coin and gamble if it goes up or down and they have no idea why they bought that coin.

futurebit640

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Quote from: adaseb on July 20, 2016, 06:05:06 AM

Quote from: wuvdoll on July 20, 2016, 04:22:55 AM

Quote from: razdva on July 20, 2016, 03:58:52 AM

Trading with good analysis, speculation or good experience is partially trading, but trading with pure luck or no experience is pure gambling

Then what is "complete" trading?
But I agree, when you are allowing your luck to play a role in your trading then your trading will change into the mode of gambling. But most of the time, the highly volatile commodity trading are simply equavalent into gambling. Because most of the traders are going only with the 50% of their skill and experience and for the remaining they are depending on their luck.

I think what he meant is that trading takes a lifetime to master. Even the best traders out there makes mistakes everyday but with time they improve on them.

I think trading purely depends on Market price. So if we want to do trading means we have to follow updates of the market daily. Otherwise it is not possible to make a profit in trading. And in gambling yes it is half skill base and half luck base game. Here sometimes our strategy will work and most of the time we need the luck to make money. So trading and gambling are not same according to me.

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Quote from: wuvdoll on July 20, 2016, 04:22:55 AM

Quote from: razdva on July 20, 2016, 03:58:52 AM

Trading with good analysis, speculation or good experience is partially trading, but trading with pure luck or no experience is pure gambling

Then what is "complete" trading?
But I agree, when you are allowing your luck to play a role in your trading then your trading will change into the mode of gambling. But most of the time, the highly volatile commodity trading are simply equavalent into gambling. Because most of the traders are going only with the 50% of their skill and experience and for the remaining they are depending on their luck.

I think what he meant is that trading takes a lifetime to master. Even the best traders out there makes mistakes everyday but with time they improve on them.

posternat

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Quote from: trafficolaa on July 20, 2016, 05:59:38 AM

Quote from: WarrEagle on July 19, 2016, 08:58:25 PM

Well, if you only make good trades and invest in the right ones. You can do quite well, I have and continue to try to make more.

I think it based on people knowledge how deeply they know, what is the potential of that pick so that it can be better than gambling in long term, in that kind of case trading can't be consider as gambling when it has very good safety for some experienced people.

Yes, Gambling is purely luck and you have no control on it. While Trading requires good experience and good traders never lose. We cant say same about gambling as experience does not count much in gambling.

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Quote from: WarrEagle on July 19, 2016, 08:58:25 PM

Well, if you only make good trades and invest in the right ones. You can do quite well, I have and continue to try to make more.

I think it based on people knowledge how deeply they know, what is the potential of that pick so that it can be better than gambling in long term, in that kind of case trading can't be consider as gambling when it has very good safety for some experienced people.

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Quote from: teilwalL05 on July 20, 2016, 02:09:35 AM

Quote from: dunfida on July 17, 2016, 10:36:59 PM

Quote from: teilwalL05 on July 17, 2016, 10:32:37 PM

Quote from: amine14madrid on July 16, 2016, 04:02:40 PM

Quote from: MaritiJames3 on July 10, 2016, 01:54:40 PM

Trading in most small altcoins has the same risk as gambling. One second you are up 100% a few seconds later you are down 100%.
Too risky to trade in some altcoins.

There is no difference in trading and gambling both works same way.You can not predict or can not influence the result.You trade in hope of getting profit and many times fail to read the market.Gambling works same where we play to get money but lot of times thing go vise versa and we loose money in both.Nothing is safer neither trading nor gambling.

But for me, Trading is good if you have enough knowledge to do it, unlike gambling you don't need to learn something or no need some seminars to attend, you can just play for whatever or whenever you want as long as you have money to bet.

Yes, both works the same way . Anyone cant predict what would be the result if its win or lose. Hence, trading is more profitable if you have the knowledge to it but in gambling as you said there are no seminars to attend or any other things that you must learn. Just place a bet and youre good to go.

Yeah, True that gambling doesn't need seminars to attend or learning to have knowledge. If you have enough money, time and effort to use then your good to play gambling anytime you want. Unlike trading, we must need to learn first everything about it and how it works and how your money will grow before you invest money, but trading is more profitable than gambling. But if you don't have enough knowledge and you just trade because you want to. You will end up to bankruptcy.

The time, effort, patience of learning of trading will take you to success rather than doing the usual gambling which will give you a losing mode for a long term especially playing in the house edge games. Trading is worth the risk unlike the usual gambling type so better put some time learning how trades work.

And in trading, you can rely on your skills+luck unlike in gambling where you only need luck.

TraderETH

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Quote from: saiha on July 20, 2016, 01:57:00 AM

Quote from: TraderETH on July 19, 2016, 09:15:41 PM

Of course not, because on trading i have rules of entry and exit market, analysis tecnical, management of risk and money. I am looking for way gambling consider as trading.

Trading is different from gambling, in gambling your bitcoin can just gone very fast. In trading you are the one to manage your trades.

And in trading, not only bitcoin is the capital you needed there. But also the time that you are going to put it into there is needed too.

So it is really different from gambling.

I think you must read carefully about my opinion and the title this thread and i have said of course not, it is a mean gambling and trading are something different, i just looking for way to my gambling for become more win as consistent even if maybe it is immposible.

wuvdoll

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Quote from: razdva on July 20, 2016, 03:58:52 AM

Trading with good analysis, speculation or good experience is partially trading, but trading with pure luck or no experience is pure gambling

Then what is "complete" trading?
But I agree, when you are allowing your luck to play a role in your trading then your trading will change into the mode of gambling. But most of the time, the highly volatile commodity trading are simply equavalent into gambling. Because most of the traders are going only with the 50% of their skill and experience and for the remaining they are depending on their luck.

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Quote from: teilwalL05 on July 20, 2016, 02:09:35 AM

Quote from: dunfida on July 17, 2016, 10:36:59 PM

Quote from: teilwalL05 on July 17, 2016, 10:32:37 PM

Quote from: amine14madrid on July 16, 2016, 04:02:40 PM

Quote from: MaritiJames3 on July 10, 2016, 01:54:40 PM

Trading in most small altcoins has the same risk as gambling. One second you are up 100% a few seconds later you are down 100%.
Too risky to trade in some altcoins.

There is no difference in trading and gambling both works same way.You can not predict or can not influence the result.You trade in hope of getting profit and many times fail to read the market.Gambling works same where we play to get money but lot of times thing go vise versa and we loose money in both.Nothing is safer neither trading nor gambling.

But for me, Trading is good if you have enough knowledge to do it, unlike gambling you don't need to learn something or no need some seminars to attend, you can just play for whatever or whenever you want as long as you have money to bet.

Yes, both works the same way . Anyone cant predict what would be the result if its win or lose. Hence, trading is more profitable if you have the knowledge to it but in gambling as you said there are no seminars to attend or any other things that you must learn. Just place a bet and youre good to go.

Yeah, True that gambling doesn't need seminars to attend or learning to have knowledge. If you have enough money, time and effort to use then your good to play gambling anytime you want. Unlike trading, we must need to learn first everything about it and how it works and how your money will grow before you invest money, but trading is more profitable than gambling. But if you don't have enough knowledge and you just trade because you want to. You will end up to bankruptcy.

But if you want to be successful in gambling you need to learn the basics like doing a proper bankroll management, the amount of bankroll required and how to control your emotions in gambling because when you cannot control your emotion you will never be successful in the long run.

razdva

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Trading with good analysis, speculation or good experience is partially trading, but trading with pure luck or no experience is pure gambling

BTCevo

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Quote from: Caladonian on July 19, 2016, 09:07:57 PM

Quote from: WarrEagle on July 19, 2016, 08:58:25 PM

Well, if you only make good trades and invest in the right ones. You can do quite well, I have and continue to try to make more.

if you have more knowledge on doing it much better opportunity to earn more but doesn't change the fact that you are still risking your money the only advantage is you can control the amount of your loss even if its in the middle of trade unlike gambling that you can possibly lose all in one hit.

Yeah risking your money for something sure profit like trading I think it makes sense although it is slow rate and I still prefer trading too but for gsmbling you might chance to lose too but not all in method, you can use trading method to earn from gambling but these two things is completely different kind of things although the method is almost the same

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Quote from: dunfida on July 17, 2016, 10:36:59 PM

Quote from: teilwalL05 on July 17, 2016, 10:32:37 PM

Quote from: amine14madrid on July 16, 2016, 04:02:40 PM

Quote from: MaritiJames3 on July 10, 2016, 01:54:40 PM

Trading in most small altcoins has the same risk as gambling. One second you are up 100% a few seconds later you are down 100%.
Too risky to trade in some altcoins.

There is no difference in trading and gambling both works same way.You can not predict or can not influence the result.You trade in hope of getting profit and many times fail to read the market.Gambling works same where we play to get money but lot of times thing go vise versa and we loose money in both.Nothing is safer neither trading nor gambling.

But for me, Trading is good if you have enough knowledge to do it, unlike gambling you don't need to learn something or no need some seminars to attend, you can just play for whatever or whenever you want as long as you have money to bet.

Yes, both works the same way . Anyone cant predict what would be the result if its win or lose. Hence, trading is more profitable if you have the knowledge to it but in gambling as you said there are no seminars to attend or any other things that you must learn. Just place a bet and youre good to go.

Yeah, True that gambling doesn't need seminars to attend or learning to have knowledge. If you have enough money, time and effort to use then your good to play gambling anytime you want. Unlike trading, we must need to learn first everything about it and how it works and how your money will grow before you invest money, but trading is more profitable than gambling. But if you don't have enough knowledge and you just trade because you want to. You will end up to bankruptcy.

iv4n

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It have similarities, but its not the same. Even we can't compare gambling with trading cause there is so many games in gambling. Maybe we can compare some of the games, but for sure not all. How to compare dices or slots with trading?

Generally in both we can have luck and win a lot or we can lose a lot, people should be careful to not invest to much if they don't know what are they doing. Like in gambling, in trading you can lose everything in second if you play all in in wrong moment.

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Quote from: TraderETH on July 19, 2016, 09:15:41 PM

Of course not, because on trading i have rules of entry and exit market, analysis tecnical, management of risk and money. I am looking for way gambling consider as trading.

Trading is different from gambling, in gambling your bitcoin can just gone very fast. In trading you are the one to manage your trades.

And in trading, not only bitcoin is the capital you needed there. But also the time that you are going to put it into there is needed too.

So it is really different from gambling.

Finestream

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Quote from: Herbert2020 on July 20, 2016, 12:06:11 AM

Quote from: Erza on July 19, 2016, 11:37:53 PM

Quote from: Caladonian on July 19, 2016, 09:07:57 PM

Quote from: WarrEagle on July 19, 2016, 08:58:25 PM

Well, if you only make good trades and invest in the right ones. You can do quite well, I have and continue to try to make more.

if you have more knowledge on doing it much better opportunity to earn more but doesn't change the fact that you are still risking your money the only advantage is you can control the amount of your loss even if its in the middle of trade unlike gambling that you can possibly lose all in one hit.

Yes that is true but sure gambling have more chance to win more and faster because it depends on your luck meanwhile trading have very slow profit but it is sure profit. It still depends on your luck though when you gambling because sometimes you can win it and sometimes you can lose too. It is a risky thing but sure give a good payout

the difference is in consistency of making profit.
in gambling you can't win in long term and your profit will be zero or even negative. but in trading even if the profit is slow and takes time to get there but it is consistent profit and you can really see the results in long term.

Trading is also like gambling but trading is way more profitable, if we are a gambler by heart we should focus more on trading as the moment we focus our time on doing it we will make more money than in gambling.

Herbert2020

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Quote from: Erza on July 19, 2016, 11:37:53 PM

Quote from: Caladonian on July 19, 2016, 09:07:57 PM

Quote from: WarrEagle on July 19, 2016, 08:58:25 PM

Well, if you only make good trades and invest in the right ones. You can do quite well, I have and continue to try to make more.

if you have more knowledge on doing it much better opportunity to earn more but doesn't change the fact that you are still risking your money the only advantage is you can control the amount of your loss even if its in the middle of trade unlike gambling that you can possibly lose all in one hit.

Yes that is true but sure gambling have more chance to win more and faster because it depends on your luck meanwhile trading have very slow profit but it is sure profit. It still depends on your luck though when you gambling because sometimes you can win it and sometimes you can lose too. It is a risky thing but sure give a good payout

the difference is in consistency of making profit.
in gambling you can't win in long term and your profit will be zero or even negative. but in trading even if the profit is slow and takes time to get there but it is consistent profit and you can really see the results in long term.

Erza

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Quote from: Caladonian on July 19, 2016, 09:07:57 PM

Quote from: WarrEagle on July 19, 2016, 08:58:25 PM

Well, if you only make good trades and invest in the right ones. You can do quite well, I have and continue to try to make more.

if you have more knowledge on doing it much better opportunity to earn more but doesn't change the fact that you are still risking your money the only advantage is you can control the amount of your loss even if its in the middle of trade unlike gambling that you can possibly lose all in one hit.

Yes that is true but sure gambling have more chance to win more and faster because it depends on your luck meanwhile trading have very slow profit but it is sure profit. It still depends on your luck though when you gambling because sometimes you can win it and sometimes you can lose too. It is a risky thing but sure give a good payout

TraderETH

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Of course not, because on trading i have rules of entry and exit market, analysis tecnical, management of risk and money. I am looking for way gambling consider as trading.

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Quote from: WarrEagle on July 19, 2016, 08:58:25 PM

Well, if you only make good trades and invest in the right ones. You can do quite well, I have and continue to try to make more.

That's the thing that everyone is aiming for, to gain more profit. It's natural for us to choose on having more rather than losing. If trading make good profit to you then continue your path.

Topic: Do you consider trading as gambling? - page 70. (Read 47337 times)