Topic: Flip or Trade? What’s The Bigger Gamble? - page 4. (Read 1771 times)

Your chances to meet dinosaur is 50% you can meet it or don`t meet.
There are lots of day traders, but as for - it is difficult to predict small price changes and they mostly testing their luck. I prefer long distance and big price changes - it is possible to predict and difficult to lose, if you good in trading.

If a person has not enough knowledge in trading and get addicted to it, it is hard to say that it will produce a great result instead, it is easier to assume that the person will suffer a huge lost because of lack of knowledge.


True!  Shitcoins trading sometimes can result in 10,000% to 100,000% profit if one knows when to buy and when to sell.  But mostly we lose money in shitcoins because project die down or got rugged pull before we can even sell our holdings.

Different category
Different approach
Different dealing
Different actions to be made
Different preparation
Same outcome- Win/Lose

When it comes on dealing things then it would really be that entirely be depending on someones preference on which one they would really be dealing out on which if they would
be dealing with some entertainment or they would really come after for investment or business on which risks is also there. Both things might have risks on losing money but on the way
that you would really be dealing up or on what the things been needed for you to be able to get a good grasps of it then it would really be that different.
The biggest gambling would on the time that you do make out some decisions which it wont really be that applying any analysis into it even if we do say
we are just simply doing gambling thing but this isnt really that applicable on the time that you are really that dealing with trading.

That's the thing, the result or the outcome of a coin flip is determined by your luck while in trading, you need to have knowledge and experience about the market, know how to do research and analysis, you should have a general idea about where the price of a certain cryptocurrency will move next so that you can place your trade based on that. I agree that the trades a trader makes wouldn't always be correct and there can be bad trades as well since the market is unpredictable, but if you are knowledgeable and experienced, you can get more winning trades than losing ones.

So, I don't really see any reason why people would compare trading with gambling. There are some types of trading that may have some resemblance with gambling such as futures trading and options trading, but even they can be profitable for experienced and knowledgeable traders unlike gambling which will eventually make you lose.

For some perspective maybe other can really say that they are similar but if you look at the deeper picture we can agree that its hard to agree on it that its the same. Maybe from both we have huge chance to lose but for flipping or gambling the only thing we can hold old with that is pure luck. While on trading we can do something to increase our chances to earn. But if someone telling that its the same I will just respect their statement since at the end of the day its still up to us on what we can call it since it can't bother us especially if we don't really give to much attention on its comparison other more than that. We should focus to earn on what category we like since thinking about further more just destroy our focus.

Coinflip is strictly on luck, how lucky we are in playing this game will determine if the luck works on our side or not by winining or loosing, we should understand games by their categories, some are not only determined by luck alone, but how skillful we appear in playing them, when we divert to trading, this is another thing entirely different from flipping coin or gambling, this is a way of making business or an investment and we choose the kind of position to take that best fit us.

Trading is still like a gamble due to the unpredictable nature of the market but there is more to it which can increase your chances or winning, and recovery if you are losing. Just because a trader is new, doesn't mean they didn't understand a single thing. They also know how to read and make a research and they can took less risks for a while until they sharpen their ability, but maybe it's true that the majority of them just trade blindly. Indeed it's not sustainable for the long term.

I'd better do copy trading than it or just play gambling instead so that it makes more sense, and even if I lose, at least I enjoy the game so I don't feel like a total loser.

As it should be but majority of us would really be focusing much about on the destination and not on that ride because we are really that making ourselves that optimistic on ending up on positive without even trying out to realize on whats the real thing when it comes to gambling and when it comes to things that do talks about trading. Everything would really be that random and there would really be factors on which it would really be affecting out the outcome on which this is something that you should really need to look upon. We do know that dealing up with neither trading or gambling then it is really just that obvious on what are the things that would really be needed. You cant really just purely rely on luck everytime you would really be deciding on dealing on something that needs analysis and this is something that would really be needed.

Majority of us would really be just that minding about on the things that we do have in our brains. If whether you do like on playing something risky or you would really be dealing on things
which you do have that kind of interest. Going for some investment or going for something that do talks about entertainment. Bigger gamble doesnt matter because of both risks then
you do really could be able to put up yourself on a condition which you might be losing up your money big time. It does depend on how you would be dealing with things.

Have you heard "Knowledge is power"? It applies to many parts of our lives, including crypto. Every market—crypto, stocks, even beanie babies—has wild coasters. But its beauty is in the rhythms, ebb and flow, and small indications that say, "Hey, maybe it's time to hodl." A. "Dude, sell!" Gambling? Thats random. No doubt, I enjoy poker. Theres still strategy and bluffing. Similar to sports betting, where the informed have an edge. Finally, learn, be curious, and enjoy the ride. The crypto-fueled rocket ride is what matters, not the destination.

I believe not. Because the addict only does the act of "day-trading" for that exciting feeling of possibly "winning" something, not actually to do the right actions to actually win or profit in something.

They're merely gambling.


How many of the plebs that started "day-trading" during the start of the popularity of shitcoin trading, probably in 2014, could actually say that they have made it, and have become millionares/have enough money to retire? It might be just ten out of one hundred people if you ask me, probably less.

There is unpredictability in the cryptocurrency market, there is no doubt of that, but that doesn't really make it just like gambling where there is no chart, there are no movement patterns, there is no rule of supply and demand, and there is definitely no indicator that gives you a general idea of where the market might move next. That's why, despite the market being highly unpredictable at times, one can still be able to make more successful trades than failed ones if one studies the market very well.

So, when we talk about gambling, we know that there is nothing like knowledge or experience or anything that can give a person any idea about what the outcome of the next bet can be, that can be said about sports betting but it's again different than gambling games because sports betting also requires knowledge and experience from bettors.

Because it's an activity that's based on luck that's why we see people that gamble performs rituals and all sorts of stuffs just to increase their chances of luck for them to be fortunate to win but these rituals don't have a place in trading no amount of rituals done can make you win a trade it's particularly characterized by knowledge, experience and research.

Although we are bound to incur losses from the two (trade and gambling) but in trading, with how good your skills and strategy is working well for you you don't need luck to win many trades.

Its because in coinflip all what you do there is random so you cannot really expect that there's a way that you can increase your chances to win since you need a huge luck before you can earn or have a long winning streak in this games.

Unlike on trading where we can do something to increase our chance to win and we can read up some sort of current events happening and do some technical analysis so that we can see a better figure on which is the good time to execute to do our buy orders or even get some hints about when to sell. That's why this two is really incomparable since there's a lot of things should need to look forward and coinflip is just a luck based game where people got only excited to see the result when the coin hit on the floor.

If you want to increase your chances of winning what you can actually choose is sports betting or skill-based games although there is also luck factor that can influence it but at least sports betting and skill-based games can be more profitable if gambler has extensive experience and knowledge.
But that what is called difference and every gambler definitely has their own preferences in choosing and calculating opportunities to win.

I still will never be able to reconcile gambling and trading because the two are clearly very different in every aspect.
If we could understand them as whole we would definitely be able to find the difference between trading and gambling.

At this point unfortunately there are still many people out there who have the wrong response or approach to trading and gambling.

If they are addicted to trading, it may produce great results, especially if they keep trying and learning. And if they try trading while continuing to learn, they can get something useful to improve their analytical skills. At least, from learning that, they can get something.

But if it is gambling where we don't know when we win or lose, it can't be done because our losses cannot be recovered. Even though we try continuously, it doesn't guarantee how many times we can win and lose.

In trading, whether it is shitcoins or Bitcoin, they must have analytical skills. Shitcoins don't always cause us to lose money. If we can improve our analytical skills, we can find hidden gems that can provide benefits.

Exactly, that's their difference. Experience in luck based games (or in coin flip specifically) doesn't increase your chances to profit the next time you gamble again. Because there's no skills that can help you to win, thus regardless of what you do the result will still depend on your luck.

While on trading, experience can help you to improve, this can increase the possibility to profit next time since you gained knowledge already from your past experiences. Although it is also risky just like gambling, but trading doesn't solely relying on luck. The more experience you have, means you already learned something, it could be another knowledge or strategy.

So it always falls down into the sense that it would really be just depending on someones preference if we do speak about choices whether they would be doing trading or would really be doing gambling which basing up on the example that you have given then it is really that doing sports betting is much more better than with trading on which we could still apply strategies and analysis on which it is really just that the same when we do make trades and with gambling or betting then you do also make out some entertainment or enjoyment in correlation to it on which means that this is much more interesting than on seeing those candle stick and making out some patterns on the chart. So therefore,it would really be just depending on your interest since not all would really be that willing to do something on which it is really that something
out of their preference.

Come to think that both things does have that risks on losing money but we cant really compare out those pure luck based games into trading not unless if you do make trades
without having any application with some analysis or making some charting on which it can be considered to be just the same.

Coin flipping has so much to do with luck and with little or no skill at all whereas in day trading you can't just open a position to trade hinging on luck there must be an applied skills from a long time built technique.
I have learnt a number of lessons from my losses in gambling but I can't say I can depend and work with the experiences of those losses to make profit in subsequent bets but for trade the more experience and knowledge you possess the more chances you have of making profitable trades without having to be lucky at it.

To some extent,  gambling is ascribed to trading since both seems to have same outcome which are mostly field with uncertainty of event turn out, and also how best to handle the loses possibilities in both, so same way experience for both gambling and trading.


Even though in a few instances, some few traders seems to have developed a technique that aid them profits unlike like in gambling where the house edge is placed above all gamblers techniques.
When it comes to trading, the possibility of making profits from trading a single coin is much more higher than trading multiple coins at the same time, although it may look odds at some point, but then if and when you look into them closely, you will be able to notice that in trading, 1 single coin can indeed give you much more profits up to 50/50 chance as ops mentioned.

Trading is not for everyone and no need forcing oneself on it if you don't know how to get on it, it is better to let go. The losses in it is the reason that people still refer it to gambling because they also jump in like that without good knowledge. It is better to face the gambling than trading because you can never know what is wrong with losing in trade but in sports betting you surely know when a team you bet lose or win, even if you didn't watch the match live, you have different outlets to know the outcome.