Flip or Trade? What’s The Bigger Gamble? - page 13.

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Quote from: fingnome on September 25, 2023, 03:43:05 AM

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

Margin trading is more of gambling. But let's take it that anything that allows you to risk money and there will be a chance to win and lose, that's gambling.
Whether it's coin flip or anything that wants you to bet some money, it's a gamble. In trading, people often compare it as a type of gamble because of how quick things are escalating.
The risk is present for whatever type of trade you do and many do considers that as a way to gamble with your money.

coin-investor

hero member

Activity: 2996

Merit: 598

Leading Crypto Sports Betting & Casino Platform

Quote from: fingnome on September 25, 2023, 03:43:05 AM

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

My question is have you tried both, I have tried I loss both but its different on coin flip because you can lose everything I loss on trading because I don't have the needed experience, time and tool for me to trade effectively trade but I'm confident that I can make profit from day trading, you cannot say that on Coin flip because there is no strategy that you can employ, for you to have a chance to win, your chances is better in day trading if you have the requirement whereas on coinflip the house always have the edge and that edge can strike anytime leaving you nothing its a pure luck based.

DabsPoorVersion

sr. member

Activity: 1260

Merit: 315

www.Artemis.co

Gambling is different from trading.
Trading needs analysis, study, experience, etc. There are a lot of things to consider when you place a position in trading. There are some so-called traders that do not base their trading on analysis, it's more like they tend to place position based on other people or based on luck which we can't differentiate in gambling.
In gambling, it depends on the type of game. If it's card game, there are games that also require analysis, skill and experience. And if it slots, all based on luck.
They seem to be the same for some, but they are not and have lots of differences. It always depends on the people who do trading/gambling.

aioc

hero member

Activity: 2926

Merit: 567

Quote from: fingnome on September 25, 2023, 03:43:05 AM

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

On day trading if you have the tools and the perseverance to learn you can continuously make money from trading while on coin flip you have the house edge to deal with and it's hard to beat the house the longer you play the longer the house will show its edge, I used to play hours on coin flip and its like a dice game the house will always have the edge and will eventually beat you but compared to gambling you can enjoy the excitement while on trading you are preoccupied with graph movement and I don't find this pleasing and enjoyable.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

If your trading is not based on analysis, you are gambling with trading. You will find it difficult to make a profit because you only hope to make a profit from buying coins randomly without analyzing them. But if you really analyze it to find the right coin to trade with and can enter the market and exit well, you can make a profit. So you already know the difference between trading and gambling; trading without analysis is the same as gambling because it only trades randomly.

Solosanz

hero member

Activity: 952

Merit: 662

If you still trading is same like gambling, I suggest you to read the definition and try both of them first.

Both of trading and gambling has a chance to lose, but in trading you will not lose all of your money as long as the coin doesn't blacklisted by the exchanges (I not consider futures is trading).

Flipping coin is only depend on luck while trading depend on many factors, but mostly two factors e.g. analysis and luck.

Latviand

full member

Activity: 1540

Merit: 219

Trading isn't the same as gambling albeit there are many similarities that people are trying to force in, trading doesn't rely on luck for you to win in your trades, an in-depth analysis of what could be the behavior of the market for the day is a big help in your trades unlike in gambling where you're pretty much on the mercy of the probability of the gambling game you're playing. Although they both carry an inherent risk, you're better off risking your money trading blind than gambling because you can still get out in a loss in trading unlike gambling where you won't get your money back if you lose (which is the likely scenario most of the time).

avp2306

sr. member

Activity: 1022

Merit: 363

Quote from: fingnome on September 25, 2023, 03:43:05 AM

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

This topic is not meant to be posted on gambling section since the type of topic you created belong to gambling discussion. So maybe best for this thread to move on its right board so that we can discuss smoothly without bothering those gambling ann threads which is been searching by other people used to visit this section.

Also its to far to compare coin flipping and trading because the level of risk is different but if you ask which is more better then I would choose day trading is more better.

Accardo

hero member

Activity: 1274

Merit: 561

Leading Crypto Sports Betting & Casino Platform

Day trading is risky and has a limited daily income for individual traders, some can earn $40 a day and others above it. Though it's not guaranteed, because of losses. But, it has a way of getting it work for the traders unlike flip coins. No strategy can determine the wining side of the coin, it's all luck. Day trading, because people lose a lot like in gambling, isn't a game. And because we win cryptocurrency in gambling doesn't make it a trading activity. They are both different methods of participating in gambling and trading. Participating with caution, is the only similarity between them. The 50/50 chances in coin flip, doesn't reduce the high risk of losing too. Personally, I prefer flip coins to day trading, because no skill is required to flip coins and win money. Yet the slim earning opportunity the both activities provide still looks like a 50/50 choice.

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: fingnome on September 25, 2023, 03:43:05 AM

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

Coin flip might be simple but it is still a gambling activity where one cannot mitigate risk except to manage the bankroll. While trading might be a complex activity, but risk management has a huge effect in mitigating risk to a minimum. It is that trading needs a lot of patience and research to master.

So I say no, trading does not seem more of a gamble compared to a straight-up coin flip.

Quote from: bettercrypto on September 25, 2023, 05:13:33 AM

Quote from: fingnome on September 25, 2023, 03:43:05 AM

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

You know the truth: they have the same risk as you do. In flipping, because most of the time they hold the goods for a long time, what they always do is sell them immediately or quickly. Unlike trading, this is done because you know as a trader that you will get some profit, whether short-term or long-term. That's the difference between the two.

So, if you ask me, trading is actually better, because these Flippers seem to be the kind of people who are impatient and want to sell immediately and make a profit in a short period of time. Unlike trading, the difference here is quite big.

I think you have mistaken a coin flip gambling games to a trading activity called flipping.

bettercrypto

sr. member

Activity: 1498

Merit: 271

DGbet.fun - Crypto Sportsbook

Quote from: fingnome on September 25, 2023, 03:43:05 AM

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

You know the truth: they have the same risk as you do. In flipping, because most of the time they hold the goods for a long time, what they always do is sell them immediately or quickly. Unlike trading, this is done because you know as a trader that you will get some profit, whether short-term or long-term. That's the difference between the two.

So, if you ask me, trading is actually better, because these Flippers seem to be the kind of people who are impatient and want to sell immediately and make a profit in a short period of time. Unlike trading, the difference here is quite big.

Yogee

sr. member

Activity: 1554

Merit: 413

Does coin flip have some level of skill to increase your chances of winning? I mean does height or calculating the speed of the spin play a role in determining the outcome? If the answer is no then you can't really equate that to day trading where charting skill is quite vital.

I get where you're coming from though. Day traders get it wrong or just gets lucky most of the time so that's where it's compared to gambling.

Oshosondy

legendary

Activity: 1624

Merit: 1200

Gamble responsibly

Quote from: fingnome on September 25, 2023, 03:43:05 AM

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

Day trading is different from gambling but it can be gambling for those that did not understand how it works. Even in day trading, people can lose more just like in gambling because they are not getting it. If it is learned and not using more than the amount you can afford to lose and not using leverage, you will make money from trading if you learn about when to open a position. Sine when I have been trading and gambling, I lost huge amount in both, but when I know more about trading, I gain in it than gambling.

Beparanf

hero member

Activity: 2954

Merit: 796

Quote from: fingnome on September 25, 2023, 03:43:05 AM

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

Coin flip has a defined winning chance rate while day trading has a dynamic winning chance rate depending on how good you are on trading. So I say trading is more on gambling if you don’t know what you are doing such us newbies buying bunch of random shitcoins without doing research first.

On trading, you have a chance to improve your winning probability while gambling is purely relying on luck since you can’t improve the outcome no matter how good you are.

Hirose UK

hero member

Activity: 1302

Merit: 503

Leading Crypto Sports Betting & Casino Platform

Nowadays trading has been watched by quite a lot of people even big people with unlimited wealth take part in the trading industry to be able to make a number of profits and these rich people use several sophisticated tools to carry out every purchase and sale transaction thereby maximizing profits and minimizing losses.
Maybe this will affect us traders who have limited capital and want to make small profits because the price graph experiences more significant ups and downs and makes us often late in the buying or selling process.
But when it comes to trading and gambling there are actually many differences and disadvantages and advantages of each of these two activities.

In my opinion I would not consider daily trading to be like betting because in daily trading we can determine any time and take a more dominant profit depending on the target we have.
Obviously trading has a level of certainty that we can see and all profits depend on the amount of capital and what selling price we decide.

fingnome

jr. member

Activity: 56

Merit: 2

Lost in the whirlwind world of day trading? It often feels like a maze with big folks and their flashy tools, leaving us hoping for a stroke of luck. Imagine ditching the tricky charts for a simple, real coin flip, person vs person, with a fair 50/50 chance. No gimmicks, no house edge, just a clear, honest game.

What’s your take? Does day trading seem more of a gamble compared to a straight-up coin flip

Topic: Flip or Trade? What’s The Bigger Gamble? - page 13. (Read 1753 times)