Topic: Do you consider trading as gambling? - page 98. (Read 47337 times)
The only diference between them for me is just that gambling may turn into a loss or win instant,trading make take days,months and even hours to you choose what to do sell or buy ,soo yes its gambling as you bet that the coin may go high or low.
If you're unsure if you're going to win or lose, that can be considered gambling. With trading there's no assurance that will earn within a certain period of time so it is a gamble.
Do you consider your 401k or pension gambling?
If so then yes. Trading on the alt markets is the same, except your in control of your own BTC and nobody but you is responsible for a win/loss.
If so then yes. Trading on the alt markets is the same, except your in control of your own BTC and nobody but you is responsible for a win/loss.
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?
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?
if you are doing it on secondstrade, it must be considered.
Its like betting whether its going up or down within a time frame so its not about gaining pips in pair trading.
Yes there is a lot of gamble in trading.
One diference is that if one is patient his losses from bad trade can be undone.
Some aspects of trading gives you more edge than in pure gamble but still,
everything is based upon a chance and luck.
One diference is that if one is patient his losses from bad trade can be undone.
Some aspects of trading gives you more edge than in pure gamble but still,
everything is based upon a chance and luck.
There maybe some kind of a gambling factor, but in actuality, traders especially on stocks do invest ample amount of time for research into what they're buying into. Like the companies' plans over the year etc. That has a lot of impact on how well investors see the future performance of their stocks.
The Bit-Universe is no likely different. Any kind of breaking news almost always affect trading. So in here inside info is especially important.
Yes it is because theres also a money involve and your taking a risk. Once your taking risk in one thing thats also called gambling.
I consider trading and gambling to be very similar. However, I've gambled a lot more than I have traded. I only tried trading once, and it didn't go very well. The price went down for a long time right after I exchanged to USD. The price slowly started going back up, but I ended up buying my BTC back at less than I sold it for.
trading can not be considered as gambling
it is going to be a boring game since it takes some time to see the result of your bet on a price!
besides trading should not be performed out of luck. instead it should be done after some studying.
it is going to be a boring game since it takes some time to see the result of your bet on a price!
besides trading should not be performed out of luck. instead it should be done after some studying.
You cross the street gambling you do not die. Life is a gamble. Its funny how people invest but look down on more traditional forms of gambling.
Most systems fail, so be prepared by limiting exposure.
Most systems fail, so be prepared by limiting exposure.
what!!
where do you live that crossing the street is that risky?!! this is not a good comparison at all.
when you say gamble it means something that is dependent on luck, so when you are making a bet there is 50-50 chance of win and sometimes even less but when you are crossing the street there is one in a million chance of something happening to you and it can even be avoided if you are not distracted and see it coming but you can not avoid a lose in gambling.
about the crossing the street part, it's kind of like third world problem. it can be really risky in some countries, so risky that it even becomes culture.
You cross the street gambling you do not die. Life is a gamble. Its funny how people invest but look down on more traditional forms of gambling.
Most systems fail, so be prepared by limiting exposure.
Most systems fail, so be prepared by limiting exposure.
what!!
where do you live that crossing the street is that risky?!! this is not a good comparison at all.
when you say gamble it means something that is dependent on luck, so when you are making a bet there is 50-50 chance of win and sometimes even less but when you are crossing the street there is one in a million chance of something happening to you and it can even be avoided if you are not distracted and see it coming but you can not avoid a lose in gambling.
If you cross the street, you have to look left and right and consider the risk. The problem with Bitcoin is that you are blind. You do not know ALL variables that would influence the trade. Like a blind person you
rely on what you hear and what you feel. There will always be a certain amount of risk involved with trading, but automation have helped to reduce those risks. We have to assume that things could go wrong,
and that adds a bit of a gamble to the whole trading scene.
for me any game or any other thing which involves risking money in order to make money when you have an edge no matter how small this edge isn't gambling , this is my opinion
in definition trading may be gambling , but as I said in my opinion the only thing that matters is the edge
whenever you find an edge you should take it and never think about the gambling part as long as you know what you are doing
so trading randomly without studying the market is for sure gambling , but when you know what you are doing trading just turn to a good business opportunity
in definition trading may be gambling , but as I said in my opinion the only thing that matters is the edge
whenever you find an edge you should take it and never think about the gambling part as long as you know what you are doing
so trading randomly without studying the market is for sure gambling , but when you know what you are doing trading just turn to a good business opportunity
You cross the street gambling you do not die. Life is a gamble. Its funny how people invest but look down on more traditional forms of gambling.
Most systems fail, so be prepared by limiting exposure.
Most systems fail, so be prepared by limiting exposure.
what!!
where do you live that crossing the street is that risky?!! this is not a good comparison at all.
when you say gamble it means something that is dependent on luck, so when you are making a bet there is 50-50 chance of win and sometimes even less but when you are crossing the street there is one in a million chance of something happening to you and it can even be avoided if you are not distracted and see it coming but you can not avoid a lose in gambling.
For some professionals its not considered gambling because they know what they are doing.
But if you don't know what you are doing then its pretty much gambling because price can either go up or down and its a gamble if you are correct or not.
But if you don't know what you are doing then its pretty much gambling because price can either go up or down and its a gamble if you are correct or not.
You cross the street gambling you do not die. Life is a gamble. Its funny how people invest but look down on more traditional forms of gambling.
Most systems fail, so be prepared by limiting exposure.
Most systems fail, so be prepared by limiting exposure.
Haha. Good note.. But personally, all forms of gambling are not the same. Some goes for pure luck and some you can actually make it go for you..
You cross the street gambling you do not die. Life is a gamble. Its funny how people invest but look down on more traditional forms of gambling.
Most systems fail, so be prepared by limiting exposure.
Most systems fail, so be prepared by limiting exposure.
i used to think trading is mostly chance, so that makes it like gambling.
but after a long time in trading altcoins and bitcoin i realize that it is still dependent on chance but not as much as i though in the beginning. all the trades that you make need some luck to go up and not suddenly die but you can find those investments that are 99.999% sure investment and buy those instead.
but after a long time in trading altcoins and bitcoin i realize that it is still dependent on chance but not as much as i though in the beginning. all the trades that you make need some luck to go up and not suddenly die but you can find those investments that are 99.999% sure investment and buy those instead.
In my opinion, it depends on how people think. But if I think trading is indeed like gambling, it's just trading requires a lot of thought, time and effort, in order to get a profit. If in gambling we just need a stroke of luck and a method + results that it brings more advantages than negative positive gains.
Trading in the world we must do research/observation in the trading and we also have to have a strategy that is really structured in order to obtain an advantage in contrast to gambling. There we just need a good luck is great if you want to earn huge profits
Trading in the world we must do research/observation in the trading and we also have to have a strategy that is really structured in order to obtain an advantage in contrast to gambling. There we just need a good luck is great if you want to earn huge profits
Not exactly but in trading if you invest money means the profit will depend on market price here if you have knowledge on market you will get profit & you have to wait some time for your profit. In Gambling it's instant money no need to wait long time just bet on any sports that what you know make money but here all depend on your luck. I am not sure you will make profit in gambling but in trading you can...
if you consider trading as gambling then you are doing it wrong way.
although it is a good idea for gamblers to gamble on altcoin but it is not trading. trading means you research about what you want to buy then buy it while informed to lower the risks and if you have the skills you will be 99% successful.
although it is a good idea for gamblers to gamble on altcoin but it is not trading. trading means you research about what you want to buy then buy it while informed to lower the risks and if you have the skills you will be 99% successful.
Yes i consider trading as gambling for you wont know the price of the item you are trading in the near future and thats what make it a gambling...
You tend to lose money or gain money in trading despite the fact of the fluctuating price on an item you are trading...
You tend to lose money or gain money in trading despite the fact of the fluctuating price on an item you are trading...
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