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Topic: Do you consider trading as gambling? - page 93. (Read 47337 times)

hero member
Activity: 616
Merit: 500
1BkEzspSxp2zzHiZTtUZJ6TjEb1hERFdRr
March 03, 2016, 01:52:50 PM
Yup. From my perspective, trading bitcoin or alts can be considered as gambling. When i trade i am researching coins same as some sports gambler research football teams. In both cases it is gamble if you dont have some reliable insider info.
sr. member
Activity: 434
Merit: 250
March 03, 2016, 12:31:47 PM
Trading is much better. There is a higher chance that you can make more money with trading than gambling.
You waste a lot of money with gambling and that is very bad. You must be lucky in gambling and you must be smart with trading.
if you think back trading is very different from the gambling, and you're right, trading is still much better, because you can develop a strategy to be profitable, in contrast to gamble just rely on luck

Nah gambling not always about luck, especially on sportsbook. Sportsbook no need high luck, not like dice sites, who need 99% luck. and i think trading also need a bit luck.
legendary
Activity: 1834
Merit: 1008
March 03, 2016, 12:25:33 PM
Trading is much better. There is a higher chance that you can make more money with trading than gambling.
You waste a lot of money with gambling and that is very bad. You must be lucky in gambling and you must be smart with trading.
if you think back trading is very different from the gambling, and you're right, trading is still much better, because you can develop a strategy to be profitable, in contrast to gamble just rely on luck

Somehow besides luck you can use a good strategy too in gambling but for sure with enough balance to cover it, if wrong setting I think you will lose that in instant but if it works I think you will able to earn a lot too for instant. But trading is a slowly profit but the method to earn profit is almost the same as gambling because in trading we wait for some huge pump and then sell it so you will get profit. Same to gambling too we wait the exact number to comeout then we get the profit, basically both trading and gambling are the same thing, it just uses different method to gain profit
hero member
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March 03, 2016, 11:28:12 AM
Trading is much better. There is a higher chance that you can make more money with trading than gambling.
You waste a lot of money with gambling and that is very bad. You must be lucky in gambling and you must be smart with trading.
if you think back trading is very different from the gambling, and you're right, trading is still much better, because you can develop a strategy to be profitable, in contrast to gamble just rely on luck
full member
Activity: 210
Merit: 100
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March 03, 2016, 11:09:32 AM
I believe so trading is not gambling in a way how they process. Trading is negotiation process to earn something and mostly for investment purposes unlike for gambling this is a form of game and just trying the luck or have fun but not sure if you will gain money on it.
hero member
Activity: 896
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March 03, 2016, 11:05:24 AM
Trading is much better. There is a higher chance that you can make more money with trading than gambling.
You waste a lot of money with gambling and that is very bad. You must be lucky in gambling and you must be smart with trading.
hero member
Activity: 686
Merit: 500
March 03, 2016, 02:08:45 AM
Trading and gambling have almost same nature full of risks and opportunities to make huge profit with low amount, i can say this without any hesitation both have same risk than we can make relations in betwwen both.
full member
Activity: 238
Merit: 100
March 03, 2016, 01:32:53 AM
yes trading is gambling i think, if it's based on luck, it's gambling if you can win or lose money it's also gambling, if you're not sure that you will get money, it's gambling
legendary
Activity: 1064
Merit: 1000
March 03, 2016, 12:52:39 AM
I'd say yes for these reasons:

Gambling is defined as this:

Quote
take risky action in the hope of a desired result.

When you are trading, you are risking money in the hope of making more money, so you are risking something for a desired result.

When you have skill while trading, you might profit most of the time, so it's still gambling, but it's less risky gambling.

So in conclusion, I think that trading is a form of gambling, but the risk can be lowered considerably with skill.
legendary
Activity: 1442
Merit: 1008
March 03, 2016, 12:41:25 AM
Trading with good analysis, speculation or good experience is partially trading, but trading with pure luck or no experience is pure gambling.
But, in this life full of decision and it's similar with gambling Roll Eyes

Sometimes, people say trading is just legal/economic version of gambling
I totally agree with this, all forex trading forum have discussed things like this , and most of pro opinion are like you mentioned above.
No skills , no experience = trade gamble . But with skills , experience it's the real trading.
But sometimes everything need a luck to make it perfect , include doing trade.
klf
legendary
Activity: 1344
Merit: 1000
March 02, 2016, 10:05:17 PM
in my experience if you ever consider trading as another form of gambling then you are doing something wrong. because unlike gambling, trading needs a set of skills that makes it different from chance based games like gambling.

Nothing is 100% in trading. There are some ways when you can analyse the chart to determine whether the market is in a bull or bear market. This way, you would have an edge when the price moves as you expected.

But don't invest money in market for short term profit because it is almost same as gambling and you need only luck to make money from this method. No calculations will work for predicting 100% correct price movements so just invest money for long term perspective in share market to make some decent money.
legendary
Activity: 3318
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March 02, 2016, 03:46:40 AM
For the starter of this. That is a great question.

Hmm you made me think of it.
Trading have risk. Gambling is supposed to be a game. But gambling have risk also because some uses even their last money to double or triple it. Trading also have that way, but when you have knowledge on the movement of a certain currency or some good predictions it is not that big of a gamble.

Really hard but for me it is a NO.
hero member
Activity: 1190
Merit: 500
March 02, 2016, 03:43:39 AM
Trading is quite similar to gambling but in that sense every business has a risk factor which makes it gambling itself. Whether you gamble by playing games or invest in a new business, you are risking your money which may lead to a loss but gambling is always looked down upon and not a business as you are using your skill and knowledge while investing in a business. Gambling is just a prediction/luck based game.
I think trading is not like gambling. just a little bit of luck. the trading need is ingenuity. knowledge and skills. different with gambling
hero member
Activity: 1134
Merit: 515
March 02, 2016, 02:03:39 AM
Ok so for most of you guys, trading is different because it's not based on pure luck.

But fact is it would mean that you consider poker as not being a gambling game? As it's not based on pure luck just as trading! ^^
You are right and almost every gambling also depends on skill too, like if you are playing dice, you will obviously win more or stay longer longer in the race until you have a strategy, once you start betting on 100 multipliers basically depending too much on luck, you will burst.
newbie
Activity: 16
Merit: 30
March 01, 2016, 12:15:15 PM
No in trading you can invest money 1st and you will wait for some to get profit but In gambling its instant money but more loose.
sr. member
Activity: 434
Merit: 250
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March 01, 2016, 11:36:57 AM
Trading is only gambling if you are completely uneducated on what you are buying. For example I have ~.015 (HEAVY fluctuation) of random shitcoins hat I bought just in case something gets pumped and I can take advantage of it.
On the other hand, educated trading can be one of the safest things. If you know the margins for a coin then trade it and make huge bank.
legendary
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March 01, 2016, 10:56:21 AM
Trading with good analysis, speculation or good experience is partially trading, but trading with pure luck or no experience is pure gambling.
But, in this life full of decision and it's similar with gambling Roll Eyes

Sometimes, people say trading is just legal/economic version of gambling
legendary
Activity: 1302
Merit: 1025
March 01, 2016, 11:24:22 AM
For me yes. Same with gambling with ames in casinos, trading also has a risk. It can also be a 50/50 chance on wether you will get a profit or a loss. I do believe tho that if you have a pure knowledge in trading then it will not be considered with the same risk that simple gambling in games has. In trading there is an intellectual involed while in gambling I think that i is plain luck.
legendary
Activity: 1344
Merit: 1000
March 01, 2016, 10:18:43 AM
in my experience if you ever consider trading as another form of gambling then you are doing something wrong. because unlike gambling, trading needs a set of skills that makes it different from chance based games like gambling.

Nothing is 100% in trading. There are some ways when you can analyse the chart to determine whether the market is in a bull or bear market. This way, you would have an edge when the price moves as you expected.
legendary
Activity: 1134
Merit: 1010
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March 01, 2016, 10:15:35 AM
in my experience if you ever consider trading as another form of gambling then you are doing something wrong. because unlike gambling, trading needs a set of skills that makes it different from chance based games like gambling.
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