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Topic: Gambling vs. "leveraged" trading (Read 1316 times)

jr. member
Activity: 176
Merit: 1
July 09, 2019, 11:48:50 AM
well, really gambling is much easier than trading, because our trade must know the market conditions of each country or region. gambling just how to see opportunities and opportunities to win the game.
legendary
Activity: 2618
Merit: 1105
Tontogether | Save Smart & Win Big
July 09, 2019, 10:53:10 AM
Gambling is far better than leverage trading, because with gambling you have got a bigger winning opportunity based on the analysis made with relation to the game. With leverage trading this isn't quite easy to predict the market moves with ease compared to gambling. A beginner without knowledge can't get a win win result easily.
legendary
Activity: 1806
Merit: 1827
July 09, 2019, 10:15:56 AM
You cannot compare any trading techniques into gambling because basically, trading uses mind, data gathering and skills to execute and gambling is just a win or loss possibility. Also, the way of profits are different because bets are 50/50 win or loss but traing is percentage and can change using patience.

     Quite frankly, I think the use of various analysis techniques with respect to trading is really no better than someone handicapping sports or reading other players with poker. I especially believe that tranding analysis is next to worthless when trying to predict short term movements, that taking a margin usually wants to capitalize on.
sr. member
Activity: 2310
Merit: 355
July 09, 2019, 09:15:49 AM
You cannot compare any trading techniques into gambling because basically, trading uses mind, data gathering and skills to execute and gambling is just a win or loss possibility. Also, the way of profits are different because bets are 50/50 win or loss but traing is percentage and can change using patience.
full member
Activity: 952
Merit: 104
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July 09, 2019, 04:41:42 AM
Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything. In leveraged trading, if you deposit & place an order and it reaches your liquidation level, you lose everything.

Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.

Placing order is just like placing a bet in gambling. So I did not do such kind of trading since losing is inevitable in this. If I were to trade I would do it traditionally to avoid risking too much.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
July 09, 2019, 08:00:01 PM
Ive done tons of CSGO bets and its best done un-leveraged with just your own inventory to spend, win or lose.    Converting into BTC was not a problem as it is also an leveraged space for me and since BTC often rises over years I didnt have much regrets.   CSGO skins can also rise in price, double or more.

The problem with leveraged trading, which I have also done is the cost of finance over night.   Hence the term day traders, as people can not justify the risk and cost of these nightly holds.   Another notable time period would be Fridays when many will not hold until Monday.

Hot money or leverage has a fairly large influence on our various markets including BTC now as its entered futures trading.    Gambling I would always recommend not to mix with money borrowing, not unless you've done it for years and have it registered as your primary job which is almost none of us.
legendary
Activity: 1624
Merit: 1129
Bitcoin FTW!
July 09, 2019, 02:31:18 PM
I actively bet on CS:GO matches at the moment, and I can confirm that I also put time in my analysis of two teams going against each other just like I would be planning out entries, stops and exits in advance for a trade, though if you want to you can just pick one team and cross your fingers too. It's good to note that even with lower leverage, leveraged trading can be a gamble if you're not putting any thinking or analysis into what you're doing. At leverages of above 10x things just become gambling, because your liquidation price is just so close to your entry that a few dollars of movement can mean a liquidation or forced closure of your position.
legendary
Activity: 1806
Merit: 1827
July 09, 2019, 02:25:49 PM
In terms of how easy to takeover yes gambling is far easier than trading, you can just bet all you want and expect luck to permits you no need to calculate and think of anything else, but in terms of chances its much better to take trading if you do have time to research and review more about the market condition for you to take advantages of situations.

     Not all forms of gambling are just based on luck. If someone is a sports better, they can just randomly pick teams to win; however the more skilled gambler knows the players and what is going on with the teams to attempt to make a better determination. Also, in the game of Blackjack, some people keep track of the cards that have been dealt by card counting, which does take quite a bit of thinking. However, even in games that are purely chance, some gambler's still do a great deal of thinking because they believe they have a "system" for picking out certain outcomes.




sr. member
Activity: 1078
Merit: 256
July 09, 2019, 12:13:12 PM
well, really gambling is much easier than trading, because our trade must know the market conditions of each country or region. gambling just how to see opportunities and opportunities to win the game.
In terms of how easy to takeover yes gambling is far easier than trading, you can just bet all you want and expect luck to permits you no need to calculate and think of anything else, but in terms of chances its much better to take trading if you do have time to research and review more about the market condition for you to take advantages of situations.
legendary
Activity: 1218
Merit: 1006
July 09, 2019, 10:27:23 AM
Trading with leverage is only suitable when you don't have much bankroll but you are pretty sure about the next move of particular pair. Its not advised to make leverage trading as a regular trading practice because it will at some point will lead to forced liquidation regardless of your initial bank roll and profit. I once lost 1200$ after making $600 on the same trading pair with leverage trading. Most of the cryptos keep swinging so its better to put your own money and keep buying/selling with every swing rather than taking loan for buying anything.

However I can't agree that leverage trading can be considered as gambling.
legendary
Activity: 2604
Merit: 2353
July 09, 2019, 09:14:47 AM
Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything. In leveraged trading, if you deposit & place an order and it reaches your liquidation level, you lose everything.

Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.
If you use a small leverage, even with high volatility there are very little chances you get rekt. Moreover if you use a stop loss you can't get rekt.
In gambling you can't use a stop loss!
sr. member
Activity: 1162
Merit: 251
July 09, 2019, 07:06:11 AM
Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything. In leveraged trading, if you deposit & place an order and it reaches your liquidation level, you lose everything.

Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.
Almost similar to binary if you put your money to bet on go up or down in a short time of course the chance to win is only determined by luck. But in regular trading you don't feel loss for the all of your capital, in contrast to gambling, if you lose then you will lose all your capital
full member
Activity: 420
Merit: 108
July 09, 2019, 07:06:00 AM
I meant sometime we have profit from gambling and we have no profit same like this in trading.

Exactly, there are a lot of people who lose on leveraged trading even their use all their experience, historical data, etc.  Even professional traders draw very different pictures out of the same trading diagram, and one would go long, while other will short.
full member
Activity: 1638
Merit: 122
July 09, 2019, 06:32:32 AM
Both have the same levels of risk.
i guess no  . trading is less riskier because you can choose good coins and you are sure that those coins can grow later on but in gambling you dont know if you will win or loose . gambling is more risky  .

Quote
If you are a good follower of some sports then betting is a good choice. The same with a person who specializes on charting and news is fitted for leverage trading.

yes . some people hates trading because they find it hard and they go on gambling because they think its easy  . for me i dont choose both but i rather do investing because its more less riskier trading  .
hero member
Activity: 1694
Merit: 592
The Martian Child
July 09, 2019, 04:44:32 AM
Both have the same levels of risk. It depends now on your expertise. If you are a good follower of some sports then betting is a good choice. The same with a person who specializes on charting and news is fitted for leverage trading.
full member
Activity: 2394
Merit: 198
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July 08, 2019, 11:51:40 PM
Recently I tried leveraged trading for the first time at Bitmex, and ended up in a loss. It seemed similar to a gamble, where you deposit, place a bet and either win (and double) or lose everything. In leveraged trading, if you deposit & place an order and it reaches your liquidation level, you lose everything.

Gambling can't be compared to regular trading, as in regular trading, you don't win much and don't lose much either. However, if you're trading with leverage, then that trading can be considered something similar to a gamble.

Is it that leveraged trading is a part of a gambling you borrowing money from the broker and play the bet.if you are doing bet involve money is it called gambling. so it is the same for me. you do gambling because you borrow money and you bet.what is the difference of gambling and leveraged trading is it the same? In trading you gamble too because you do risk in trading.in trading you lose and you earn so for me it is the same.
full member
Activity: 420
Merit: 108
July 08, 2019, 01:41:57 PM
Leverage trading qualifies as gambling... though a little better than probability based gambling... It  is quite  similar to skill-based gambling because of some level of predictability in bitcoin price especially during a bull run.



there are of course few really long runs in one direction, however in most cases even on a bull movement there are periods of going down quite significantly, which is enough to ruin your wrong call.  Even professional  traders often see market differently and out of the same movement make contradicting conclusions on a next move.
hero member
Activity: 2352
Merit: 593
July 08, 2019, 05:31:31 AM
Gambling is different from leverage trading. There is a house edge in gambling and for me it is just all about luck to win. While in leverage trading, your skills in ordinary trading can be helpful. It is just its more difficult to learn compared to gambling. Both have risk but I prefer leveraged trading.
sr. member
Activity: 1722
Merit: 309
Leading Crypto Sports Betting & Casino Platform
July 08, 2019, 01:17:54 AM
I found it pretty much same, tried leverage trading for first time yesterday, made some cents with 10x leverage then went all in at 100x leverage ($11, in case you are wondering) and lost it all.

I agree, you can consider leverage trading as gambling because you gamble by borrowing money to increase your funds but in leverage trading it isn’t about luck, it is about making the right decision or predictions based on facts and historical data to succeed unlike gambling which is more on luck.
hero member
Activity: 2464
Merit: 934
July 07, 2019, 11:00:58 PM
I found it pretty much same, tried leverage trading for first time yesterday, made some cents with 10x leverage then went all in at 100x leverage ($11, in case you are wondering) and lost it all.
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