Topic: Flip or Trade? What’s The Bigger Gamble? - page 5. (Read 1753 times)

Indeed, if trading is largely about skill and understanding the market, then why do many traders struggle to consistently outperform the market average? Isn't that indicative of an element of unpredictability and chance, much like gambling?

Gamblers and traders use similar terminology as they have borrowed from each other different concepts over the past decades, and this may create some confusion among some people about both being the same.

However the goals of both could not be more different, gambling is about having a good time, while trading is completely about making money regardless of how you may be feeling at the time, and yet we often hear of gamblers trying to make money and traders feeling bored when trading the markets, which is nonsense as this has nothing to do with the goals of either of those activities.

When I first read your title, I thought you meant flip trading, where you buy low and sell it quickly in a short period of time as soon as the price is higher instead of holding it for long term. But it looks like you are talking about games like coin flipping. Then in this case, the bigger gambling is flipping a coin. It totally depends on your luck and requires no skill. You have no control over your profit/loss. On other hand, flipping requires you to understand the market and some skills to execute the trades properly. Both has risks associated, but the risks with trading is much lesser than that of gambling with a coin.

that is true, if you know your ways in trading, you can gain profit and that is because it is not about luck. so for me, you're not gambling in trading when you have more knowledge to get into this battle. some have the notion that trading is like gambling, because some who are into buying hyped up coins, they thought they can go big and gamble their money for this very aim.

The only reason why some user belueve that trading is not different from gambling is because they don't know anything about trading. They will just invest their money on a project or a coin and hope its price will increase. This is not what trading is about or what experienced traders do. Trading requires a lot of skills and experience and even experienced traders make wrong choices so we can't deny that luch is still a determining factor.

Doing trading without any involvement like having those kind of analysis on making use of indicators or fundamentals then it is really that simply pertaining about being a gambling thing even if you do literally making out some trading and some is really doing it and this is where futures trading do kicks in. Not all people would really be that loving on touching futures but due to the fact that it does have that chance on
making yourself that be able to make some significant profits then this is where they would really be having those considerations on touching up this area.

Trading could really be turning out to be a gambling if you havent applied any analysis to it and its not something that kind of approach that it needs. Speaking on gambling literally then we do know their main differences.It is really just that it would really be always falls down into someones preference on what are the things that they would be doing. There are people who do love to enjoy despite on spending money then
gambling would be the best choice but if you are really ghat going on something that could be considered to be good for long term or acquiring or making such skill then trading would be
the best choice.

It's the matter of luck I guess, the gamblers who are lucky will always win in the game of flip and the risk will be a reward for those gamblers while the ones who aren't lucky will always lose in that game. I think if someone constantly losses in that game of flip then he/she should stop playing that game any further because we can determine our luck ourselves with our wins and losses and if in a game we lose most of the time then it means we aren't lucky in that game and it's better to stop betting on that game. Risk is always needed in gambling but when we are sure of the outcomes then it's better to avoid taking any risks I guess.

Or it can be buying and selling activities or a long time.  Long-term holding is what we call buying and holding it for a long time and is very different from trading activities that occur at a regular pace like day trading.  It is the best and safest approach to investment in the Bitcoin market.


Well, gambling can't be called gambling if it lacks risk.  Since risk in gambling cannot be mitigated like the risk involved in trading, among these two, regardless of the money involved, Flip will always be the bigger gamble (in reference to risk involved).

Long term trading means that you invest (buy) in bitcoins and altcoins in the spot and hold them for the long term so that when their value increases you may sell them for profit. This is the best and safest approach in trading. Those who follow this type of investment in cryptocurrencies may seldom lose and usually make money. Also, this type of investment is risk free and it is totally opposite to gambling.

Gambling is full of risk and this can be understood by the flip of the coin. For example, you can bet on the outcome of the coin if the coin is flipped head or tail. You just win or lose instantly without anything under your control. This is called gambling and it is the more riskier than trading but still it can also give you quicker profits than trading too. (The risk of losing is also more here).

Most people still do trading like gambling. This will place a future trade taking high leverage and do very little technical analysis. They will either take a trade based on their own will or copy paste any signals from the signal's groups (there are too many of them these days, each claiming to be 100% accurate).

Those who still do some technical analysis, do it in the wrong way. Yes, I say this because using the traditional technical analysis tools won't help much as this market too much manipulated and all these technical analysis indicators are lagging.

Only a few people are real traders (and not gamblers) who have mastered price action trading. I would say that unless someone is doing the right trading with money management, he can be termed as a proper trader, the rest all of them are trading on a hit and try basis and that is similar to gambling.

Cant really be denied that trading is really that something that involves gambling but the beauty of this thing is that you could really be able to apply strategies and analysis on which it would really be lessening out the certain risks on losing a trade which it is really that totally not applicable if we do speak on dealing with luck based games on which we know that results would really be completely random. In overall, its not really that good to make out some similar treatment between trading and gambling yet they are really that different in the first place. Yes, you might need that to put up risks for you to make money or profit but the thing on how its been done and whats the real purpose will really differ.

Trading is for long term approach and something that do talks about investment or some profit source and on which gambling is really just that for entertainment purposes then it wont really be that
much of concern or trying out to make yourself that boggle up on the time that you would really be that minding about the risks involved. Both does have it but the level
of risks is really that different.

You are Absolutely right about that , he loses Control and can never Speak well , lol , for him Bitcoin is something that cannot be normalized, the great thing is that his books apply to technology and the Bitcoin Economy, it is a great investo , very wise, personally I have read his books and he is a person who has a lot of wisdom, these things are what I may have Seen , although I don't know if you remember the time that SEO himself and owner of Tron invited him to Lunch or Dinner and they talked about crypto, well there he gave him some coins and well that was quite a casual thing that he liked a lot, I remember it, but in general terms well I think that things are like that when it comes to how to stay up to date with the best investment, that is why sometimes in these types of issues the best is to have the most correct decision, for that reason I think that many more things can be done if it is done with the true moment based on the theories of those who know the most.

Now when it comes to the crypto world, the casinos , all this has a lot of simplicity, or rather the corresponding analogy can be made, for me in what it has to be like uivnerion, or being in a casino and playing games. intelligently because things can happen in a real way, that is, things when they are in the casinos , in the trading , then the profitability must be seen , and to achieve that, I think the safest thing here is to see both the casino and trading as a business, where if Profits are obtained , few, it doesn't matter because it is something that can be done, generated , otherwise I don't see any other way, whatever you do because you always have to find a way to win, That's why when we study, we educate ourselves with books by authors of this style, even if the author doesn't like bitcoin, because the advice that is financial in nature is very good, and it is totally Applicable to the crypto market even though things are different taking into account volatility.

Day trading is really something like coin flip. Many traders use their own strategies, but it doesn't always work. Success in trading depends very often on luck. But when you trade, the more money you have, the more influence you can have on the market. But the coin flip is pure random.

Trading can be very exhausting if we are a full term trader it if we do everything by ourselves. There world recently have been revolving around artificial intelligence and we need to make sure that we do things that would help us be a good trader. We don't have to trade the whole day, trading is supposed to be like few hours in the market not to be in the market the whole day although we can't relate it to gambling which is mostly based on lucky and little skill which makes it different from trading where you will have to put your skill into practice.

It true if it not to make profit then for what purpose does someone carry out trading which clearly requires more and more capital if you want to get more profits and all of that is full of risks, the same as gambling but in gambling it could be said more to have fun and people like this profit is just luck without much hope.
So far all traders have always aimed to earn additional income not for fun or anything like that.

That because they have lot of money to buy or use tools such as bots in trading and this is normal thing for high class traders.
Moreover in trading the use of bots is still permitted because it is only to be able to determine the selling price and buying price so that traders can be quicker in placing profits and can minimize losses when assets experience decline in price.

Any trader can get win or profit when they have succeeded in getting the right asset and can determine good momentum for the purchase price even though they only use relatively small capital, but remember that in trading you need large capital if you want to get bigger profits too.