Gambling vs. "leveraged" trading - page 2.

Oilacris

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Quote from: Ucy on July 07, 2019, 02:07:43 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.
If you ask me to choose between leverage and probability based gambling, I will choose leverage. But I will definitely go skill-based gambling than leverage... depending on the situation of cryptocurrency market

No need to choose up because you can eventually do both things as long you would able to handle the risk accompanied with it.

The thing on leverage is that you do have basis on what you are doing.It can really be considered gambling when it comes to rewards
which we know that it can be possibly big but somehow it do have same equivalent when it comes to losing.

Ucy

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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.
If you ask me to choose between leverage and probability based gambling, I will choose leverage. But I will definitely go skill-based gambling than leverage... depending on the situation of cryptocurrency market

thin

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Quote from: Raja_MBZ on June 14, 2018, 07:53:18 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.

Fully agree with you. Playing on bitmex very similar to roulette. If you are using low leverage it is like betting on red/black. If leverage is high - then it is like betting on a number. You can win a lot, but your chances are lower. Just don't forget to setup stops every time, otherwise you can lose everything

omonuyak

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Quote from: STT on June 12, 2019, 01:37:54 PM

A leveraged trade mostly has its risk in the setup and being stopped out from a move that immediately goes the wrong way. The advantage to the trade is that once you call a trend right it can continue for much time, a long on BTC at the lows of this year would still be in profit now and continue for who knows how long before you are forced to close it out.

That seems like a big reward to risk return, gambling I think tends to be more short term immediate pay off and possibly you build up a skill playing a particular game

I don’t think that gambling is not short term because you can also make it in a longer term. Leverage trading on the other hand can also be done in a short term and day trading can be do several time. I think what actually differentiates the two is the level of risk involved. I think leverage trading is far less risky than gambling.

STT

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A leveraged trade mostly has its risk in the setup and being stopped out from a move that immediately goes the wrong way. The advantage to the trade is that once you call a trend right it can continue for much time, a long on BTC at the lows of this year would still be in profit now and continue for who knows how long before you are forced to close it out.

That seems like a big reward to risk return, gambling I think tends to be more short term immediate pay off and possibly you build up a skill playing a particular game

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The only difference is there could be things that could lead to a rise or loss of price for a longer period of time unlike gambling which is compeletly unpredictable.
There are many ways to speculate the price change but recently, there have been about 10% of price change in every couple of days and so on.
And as the price would be same for all paticipants, you can also follow the leading investor to copy thier winings.

Rufsilf

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Both gambling and leverage trading can be a good source to get high profits depending to what extent of leverage a trader will put in his trade however, gambling and leverage trading can't be a comparison to each other because they are two different things. Gambling is when you bet on something and it is mostly pure luck because no strategy can be used to guarantee your winning unless if you do sports betting where you can base your bet on facts and the statistics of the team your betting and the chance of winning is high. Leverage trading on the other hand is also called a margin trading wherein a user can leverage his cryptocurrency or dollars by borrowing funds which will enable them to increase the trade amount which in return can result to higher profits if you trade right. However, it can be very risky so a trader should study and analyze the market very carefully to make sure the trade is right because if you trade in the wrong side of it then you can lose everything and you still have to pay the leverage that you have applied to that trade.

proTECH77

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Quote from: monalia on June 11, 2019, 01:57:55 PM

In both gambling and trading we have luck factor alone to get succeeded, those kind of options we need to ignore at anytime. When you want to invest on the gambling please prefer sports betting or your own skilled games. As like that in trading you can do the simple limit sell trading and make money, if you go margin trading you will be stuck and may have more possibility to face the loose.

Disagree with you on this mate, gambling is different from trading becasue is only gambling that's luck oriented while trade has some sort of professionalism, experience and strategies. As a gambler, most of my winnings come from luck compared to my early days in trade.

playboy654

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Quote from: Dontme on June 11, 2019, 09:21:21 AM

I think was all that are happening in life of a person is like gambling it's very risky. Yeah trading is like gambling you can win and you can lose. It needs patience do not do it at once play one at a time you don't need to rush everything you can do it according to what your skills can since we are also relying at luck something we need to be careful still.

Trading needs luck but not completely based upon luck, but when it comes to gambling most of the time it is going to need Luck to win the game. If you are lucky you are going to make money through trading or gambling but if it is not meant to be then don't do gambling just give a efforts to increase your skill of crypto trading and try to make profits

monalia

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In both gambling and trading we have luck factor alone to get succeeded, those kind of options we need to ignore at anytime. When you want to invest on the gambling please prefer sports betting or your own skilled games. As like that in trading you can do the simple limit sell trading and make money, if you go margin trading you will be stuck and may have more possibility to face the loose.

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Quote from: ethereumhunter on June 11, 2019, 07:32:07 AM

Quote from: danipay on June 09, 2019, 11:55:47 PM

There is a big difference between traders and gamblers; First, the trader always relies on the trading system, and secondly, the trader is not controlled by greed. In trading, greed can provoke a trader to increase trading positions without a clear basis of analysis, deviate from the system, and ignore risk management.

I don't think that the traders will not be controlled by greed because many traders cannot take their profit because they want bigger profit. Greed will always be on our side no matter in the trading or the gambling. But we have the power to control our greed so we can reach the goals we want, especially in trading, we can always take the profit if we can prevent greed.

Greed will lead to losses either in trading or gambling. I think that margin trading is too risky even for experienced traders. On the other hand, normal trading can give higher profit than gambling. But it also requires more skills.

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It's exceptionally easy to become greedy in leveraged trading, especially when you've got the ability to potentially multiply your stack on just one or two trades. Unfortunately you also get a liquidation price close to your entry with a highly leveraged trade which can mean a tiny movement can wipe you out (potentially your whole account on cross leverage). Greed kills with both gambling and trading, but you're able to do things like TA and different sorts of analysis with leveraged trading and methods of risk management that can make leveraged trading less risky than simply gambling. Unfortunately, a lot of newbies seem to completely disregard simple things like risk management and thus essentially end up gambling.

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Quote from: ethereumhunter on June 11, 2019, 07:32:07 AM

Quote from: danipay on June 09, 2019, 11:55:47 PM

There is a big difference between traders and gamblers; First, the trader always relies on the trading system, and secondly, the trader is not controlled by greed. In trading, greed can provoke a trader to increase trading positions without a clear basis of analysis, deviate from the system, and ignore risk management.

I don't think that the traders will not be controlled by greed because many traders cannot take their profit because they want bigger profit. Greed will always be on our side no matter in the trading or the gambling. But we have the power to control our greed so we can reach the goals we want, especially in trading, we can always take the profit if we can prevent greed.

Greed is one of the major psychological elements of human emotions. What really matters is how you control the greed. I personally don't compare trading with gambling, even the leveraged trading is also not comparable with gambling.

Both are risky but trading is calculated risk and gambling is uncertain risk. Greed may drive us in choosing our own method of making money, but the methods are totally different!

Dontme

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I think was all that are happening in life of a person is like gambling it's very risky. Yeah trading is like gambling you can win and you can lose. It needs patience do not do it at once play one at a time you don't need to rush everything you can do it according to what your skills can since we are also relying at luck something we need to be careful still.

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Quote from: ethereumhunter on June 11, 2019, 07:32:07 AM

Quote from: danipay on June 09, 2019, 11:55:47 PM

There is a big difference between traders and gamblers; First, the trader always relies on the trading system, and secondly, the trader is not controlled by greed. In trading, greed can provoke a trader to increase trading positions without a clear basis of analysis, deviate from the system, and ignore risk management.

I don't think that the traders will not be controlled by greed because many traders cannot take their profit because they want bigger profit. Greed will always be on our side no matter in the trading or the gambling. But we have the power to control our greed so we can reach the goals we want, especially in trading, we can always take the profit if we can prevent greed.

Being greedy is an inevitable thing and what you are talking here is just a common sense for someone need to be done specially on trading.Setting out goals or profit taking is a must but there are really some instances which you would need to risk up a little bit to maximize profitability.This do always matter with risk management because not all actions that are longing for more profits can be considered as greed anytime.

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Quote from: danipay on June 09, 2019, 11:55:47 PM

There is a big difference between traders and gamblers; First, the trader always relies on the trading system, and secondly, the trader is not controlled by greed. In trading, greed can provoke a trader to increase trading positions without a clear basis of analysis, deviate from the system, and ignore risk management.

I don't think that the traders will not be controlled by greed because many traders cannot take their profit because they want bigger profit. Greed will always be on our side no matter in the trading or the gambling. But we have the power to control our greed so we can reach the goals we want, especially in trading, we can always take the profit if we can prevent greed.

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Quote from: Devawnm367 on June 14, 2018, 08:47:21 PM

I only gamble I do not trust the whole leverage trading, If I am going to gamble ill do it right and play cards or poker, Something that I actually have a chance at I have asked several people the same question, and none have ever made really much off of leverage trading..

We have different philosophy brother! I am also take my risk at trading than gambling. In trading, I can wait before the price goes up. Eventhough, it is too dangerous to trade specially in bearish market, I will choose it than to bet in gambling. Though, I am also betting in lots of gambling site. However, I don't want to lose all of my money from them.

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I think that gambling in sport betting is similar to leveraged trading because sport betting has lower limits as the maximum bet that is in the slot machine and in the slot machine if you hit max bet you can lose a lot of money in a short time.

Leveraged trading aims to do this to make you minimize loss by setting a limit to your trades.Both have turned normal persons into addicted ones so both are dangerous.

rachman mahesa

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Quote from: danipay on June 09, 2019, 11:55:47 PM

There is a big difference between traders and gamblers; First, the trader always relies on the trading system, and secondly, the trader is not controlled by greed. In trading, greed can provoke a trader to increase trading positions without a clear basis of analysis, deviate from the system, and ignore risk management.

But there are still many traders who have greed with the aim of getting a big profit, therefore many traders suffer losses due to this. And for gamblers it is also the same as merchants in emotional matters. If we play gambling with greed, of course you will experience losses and losses.

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Quote from: Zadicar on May 10, 2019, 03:57:29 PM

Quote from: michellee on April 07, 2019, 11:41:59 PM

Quote from: playboy654 on March 17, 2019, 03:30:11 PM

Gambling is more effective than leveraged trading because the effect of people was or Hyatt to gambling more than trading that's why it will be more popular but in trading you can make the consistent profit but in yamli it will not been happened for anyone this is the main problem when comes to gambling.

When a gambler has skills in one game and he is a specialist in that game, I am sure that he will choose to gamble than trading. But for ordinary people who don't gamble for a long time and he doesn't trade for a long time, I think he will choose to trade than gambling because trading will have a chance to make money than gambling. Besides that, he cannot win in gambling in every day, but he has a chance to make a profit in trading everyday.

For long term aspect then no doubt that trading can really give out that chance on making money on longer runs which you cant even possibly or hardly do on gambling.
We are basing luck based and skill based things on here so theres no question among the two if whose be the one who can able to give out profit but on a lesser risk.
Trading can only be considered gambling if you dont know on what you are doing specially on leverage which is more higher risk than on conventional way of trading.

I think for a short term, trading could also give the chance of making money as long as we can choose the right coins to trade. But in gambling, no matter if that is a short term or long term, you are hard to make money, and even you will have the money, and you will not realize that. I agree that trading will be gambling if the traders don't know how to make analysis and he only buys the coin without research.

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