Do you consider trading as gambling? - page 99.

rio3233

sr. member

Activity: 434

Merit: 250

Quote from: mOgliE on February 25, 2016, 09:02:24 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?

Yes, i think trading is same as gambling. you predict the price and gambling like sportsbook that you predict who is the winner on that match.

actmyname

copper member

Activity: 2562

Merit: 2510

Spear the bees

Quote from: Snail2 on February 25, 2016, 10:05:34 AM

Trading is more like sports betting. You make your educated guesses and then make your "bets". Of course luck (scammers, whales, FUD and hype, bugs in the code) have an important role in trading as well.

Right. There are trends and factors that affect the possibility of winning when you're trading (stocks, currencies, doing bitcoin stuff) but at the end of it, it's all based on CHANCE. Unless you have a time machine, these trading opportunities carry just as much risk as betting money on some casino game. I bet (ha, gambling puns) that you would have just as much fun in trading rather than gambling, but you have the feeling that it's based on skill AND luck, rather than purely luck.

I think it's a good thing to do trading rather than gambling, but obviously the appeal to gambling is that it's easy and you needn't do research. The potential winnings already attract people to gambling, and the ease of it just makes that even better.

klf

legendary

Activity: 1344

Merit: 1000

Quote from: DodoB on February 26, 2016, 07:51:08 PM

If you trade without an escrow,it is gambling since you never know if the other side will deliver what he promised Grin

Hope you didn't read the thread topic correctly. The topic is about trading between member but topic is whether investing money in trading either in stocks or currency is same as gambling.

Quote from: rekinthis on February 26, 2016, 12:53:26 PM

no, trading is not a gambling, you take risk, but if you know what youre doing, like investing in bitcoins, thats 99% that you will win money if you won't sel them after first dump

That is correct. Ling term trading is not exactly same as gambling but day trading is same as gambling because in day trading, we are just guessing the results with out any basis like gambling.

DodoB

hero member

Activity: 504

Merit: 500

If you trade without an escrow,it is gambling since you never know if the other side will deliver what he promised Grin

fullypak

legendary

Activity: 1456

Merit: 1005

Quote from: Barcode_ on February 26, 2016, 06:27:05 PM

Yes, trading is the same as gambling for me Cheesy

If any one do a day trading than it is almost same as gambling because no one can predict how market can fluctuate for short period. But if any on invest money for long term perspective than I won't say it is gambling because surely one will not lose all money at one shot in investing and they will get opportunity to withdraw some of there money but in gambling losing means all money will disappear at once.

Barcode_

staff

Activity: 3136

Merit: 570

Join the world-leading crypto sportsbook NOW!

Yes, trading is the same as gambling for me Cheesy

CryptoBjorn

hero member

Activity: 714

Merit: 500

Quote from: lastlove9091 on February 26, 2016, 04:58:42 PM

Quote from: znickelbackz on February 26, 2016, 09:40:20 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.

stay away from gambling is good, but don't stay away from trading, it's not bad. come closer to it, it's not waste of time. losing money can come back in trading.

Trading will win if u really have understand market.. But only 5% win and 95% losing.. Market broker collect your profit if u not smart and lucky! I think Trading is good choice more than Gambling.. But maybe everybody like "Easy come, easy go"..=> Gambling have more interested!

Well I think it still falling under the category from gambling, trading is a risk and you are a sort of gambling if you ask me because you are betting money on something right ?
Its of course always risky and than its just a matter of luck you need I think its the same gambling has some more risk in my opinion but its almost the same thing in my opinion.

lastlove9091

hero member

Activity: 658

Merit: 500

Quote from: znickelbackz on February 26, 2016, 09:40:20 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.

stay away from gambling is good, but don't stay away from trading, it's not bad. come closer to it, it's not waste of time. losing money can come back in trading.

Trading will win if u really have understand market.. But only 5% win and 95% losing.. Market broker collect your profit if u not smart and lucky! I think Trading is good choice more than Gambling.. But maybe everybody like "Easy come, easy go"..=> Gambling have more interested!

rizkyhiw

legendary

Activity: 1484

Merit: 1004

For people who don't know any knowledge about trading, mostly they do trading as gamble.
But for people who knows what trading it is, how market move it can be learned and it's not gambling for them.

shintosai

hero member

Activity: 756

Merit: 500

For me yes, you are making a guess what will win or lose, but in gambling you can't do research because bookmakers are already done doing it, but in trading you have a lots of opportunity to study first before doing your first trade and also in trading even you already losing it a lots of opportunity to regain your money.

salmanahmed

member

Activity: 84

Merit: 10

yes i do consider that as gamble

Patatas

legendary

Activity: 1750

Merit: 1115

Providing AI/ChatGpt Services - PM!

Quote from: rekinthis on February 26, 2016, 12:53:26 PM

no, trading is not a gambling, you take risk, but if you know what youre doing, like investing in bitcoins, thats 99% that you will win money if you won't sel them after first dump

Do you take risks in gambling ? Your bitcoin example is as same as a gambler hitting a jackpot of a million dollars right ? I mean people have won and they will continue to be.How can you be so sure that the prices of bitcoins will not fall and you won't lose money ?I agree that trading is not same as gambling but you gave a vague explanation.

Newcoins2020

sr. member

Activity: 406

Merit: 250

Quote from: rekinthis on February 26, 2016, 12:53:26 PM

no, trading is not a gambling, you take risk, but if you know what youre doing, like investing in bitcoins, thats 99% that you will win money if you won't sel them after first dump

Well in a way it is gambling, but yet it is called investing. For me it is an investment becaues i believe the risk are way less then you have with gambling.
But i understand where you are going with this.

rekinthis

hero member

Activity: 658

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

no, trading is not a gambling, you take risk, but if you know what youre doing, like investing in bitcoins, thats 99% that you will win money if you won't sel them after first dump

edmundduke

legendary

Activity: 1624

Merit: 1007

Quote from: mOgliE on February 25, 2016, 09:02:24 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?

Gambling and Trading are nothing alike. Actually once you start looking into trading closely and start to understand what is going on then you will realize how different they are. Sure, random events can happen there also, like anywhere in life. Gambling is pure randomness, there is nothing you can really do to predict the outcome. Trading however has many things that allow you to guess the right outcome, for example news. If the news is positive, the price moves up, if it is negative it goes down. Simple isn't it ? Can you trade just by news ? Yes you can. The opportunities will not happen very often but it is doable

Red-Apple

hero member

Activity: 1470

Merit: 655

yeah, sometimes i feel like i have to gamble on what coin to buy and if it is going to go up or down. and there is no other ways of knowing in such cases, so i take a huge risk and invest.

this way also is not going to be always successful and/or profitable!

panju1

legendary

Activity: 1246

Merit: 1000

Quote from: mOgliE on February 25, 2016, 09:02:24 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?

There definitely is a gambling aspect to it.
I, for one, don't believe in technical analysis.

Nahl

legendary

Activity: 1652

Merit: 1000

trading and gambling both of these have high risk to do so but bad affect from gambling can make you addictive and trading obviously will not make you an addicting

Patatas

legendary

Activity: 1750

Merit: 1115

Providing AI/ChatGpt Services - PM!

In a way,yes ,logically speaking NO.Warren Buffet is a trader ,a stock expert .Stocks is somehow in the layman's words called gambling for people who don't know the rules.Warren Buffet read a lot of books,went through companies financial strategies ,their paper work and predicted what's the financial value of the stock will be and hence he always played right .So no gambling here just very logical approach.But not sure what trading implies here if you want to know if switching of coins from one exchange to other for the sake of rate profit values ,I don't think its related to gambling anyway.

SFR10

legendary

Activity: 2968

Merit: 3406

Crypto Swap Exchange

Yes they pretty much have the same outcome therefor gambling is trading in my eyes. You get to lose one way or another and also profit the same way but with one you could increase the chances to an extent and with the other one you can't and have to be on point when you do the trades.

Topic: Do you consider trading as gambling? - page 99. (Read 47337 times)