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Topic: Gambling vs. "leveraged" trading - page 3. (Read 1348 times)

hero member
Activity: 910
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June 09, 2019, 10:55:47 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.
legendary
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May 10, 2019, 02:57:29 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.
Ucy
sr. member
Activity: 2674
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May 10, 2019, 02:39:14 PM
True but Leverage trading is a little better though.
 Things are a bit predictable with leverage trading. It is high risk high reward thing while  gambling are mostly risky.
 Normal trading is better than both for earning consistently.
hero member
Activity: 2604
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April 07, 2019, 10:41:59 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.
hero member
Activity: 2506
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April 07, 2019, 10:36:17 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.

Exactly, leverage trading is same like gambling, even most of the threads are here they said that trading is same like gambling, So it is but not whole trading is same like gambling, Leverage Trading is similar with gambling and Regular Trading is another thing, here our money not on the top of risk still we can earn profit.
hero member
Activity: 2520
Merit: 952
April 07, 2019, 09:44:50 PM
Indeed, I always thought trading and gambling in literal sense same. Although there is no pattern whatsoever in gambling since every roll (considering dice game) is unique, while in trading you can use TA or such.
member
Activity: 630
Merit: 20
April 07, 2019, 08:34:19 PM
Well, you can say that casinos and leveraged trading  are co aidered gambling. It's just that we have a basis for leverage trading entries like technical analysis. In gambling, we only rely on luck and some martingale strategies which I do not often use.
I bet, you were so hasty to enter leveraged trading and did not used deeper analysis that is why you loss. You can not take lightly that kind of trading unlike gambling.
legendary
Activity: 2156
Merit: 1622
March 19, 2019, 04:27:18 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.

I can even add another point that proofs that they might be similar...
In gambling, you have house edge that determines that casino always wins.
In trading, you have transaction fees that determines that exchange always wins.

But here similarities ends. Because if trading you can increase probability of winning by various methods and experience. In gambling each system (other than putting all on red) decreases your probability of double.
Yea ... Martingale too - Does Martingale Work?
sr. member
Activity: 882
Merit: 269
March 18, 2019, 04:41:04 PM
Trading is similar to that of gambling, it has got high risk in it. If the predictions about the games result get coincide with the prediction we'll get a good earning. If the same happens in the opposite way loss happens. With trading similar risk is there, but the same on borrowed money makes the trading process more difficult. Because, we're in a forced situation to invest on the right coin. Small mistake will cause a big loss and when it is borrowed on interest it is further loss.. In this regard it is better to go with gambling than leveraged trading.
You have a good view about trading and gambling and it is important we all know that both gambling and leverage trading cannot be predicted accurately but for to some extent one can easily predict leverage trading than gambling.
hero member
Activity: 2184
Merit: 531
March 17, 2019, 03:59:51 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.

You're wrong about all of it.
Gambling isn't more effective than leveraged trading unless you bet on a game of skill like poker and you're good at it. Trading can be really profitable if you know what you're doing like betting on a coin right before its fork. Bitcoin pumped when it split into BCH, BCH pumped when it split into SV, ETH pumped when they announced the fork.

You aren't making consistent profits from trading. Most people don't, especially in the bear market.
hero member
Activity: 2996
Merit: 609
March 17, 2019, 03:33:39 PM
You are right.
Trading with leverage is high risk.
Gambling with provably fair is better then using leverage.
I trade without leverage only.

Gambling with provably fair is fair but that doesnt mean that you can now win more often  .  in gambling luck do still matter the most  . though trading with leverage has the same risk as gambling  because both are unpredictable .
Yeah, gambling with provably fair is fair but in my own experience, it's still not fair that's why I don't like games with a provably fair method. I stick to the games where you can challenge your skills among to the other players and not to some luck based game. This is just my own opinion hope it doesn't bother to you or to anyone. Wink
Well its your preference but actually you are advertising some luck-based game gambling site  Grin well we do have our own preference but still people do likes to engage
into these games yet high probability on gaining big profits on a short or almost instant duration.Going back on topic about leverage trading, they do have similarities
in terms of gamble-like decision but on trading theres a certain analysis you can rely on.
sr. member
Activity: 2506
Merit: 368
March 17, 2019, 03:20:12 PM
You are right.
Trading with leverage is high risk.
Gambling with provably fair is better then using leverage.
I trade without leverage only.

Gambling with provably fair is fair but that doesnt mean that you can now win more often  .  in gambling luck do still matter the most  . though trading with leverage has the same risk as gambling  because both are unpredictable .
Yeah, gambling with provably fair is fair but in my own experience, it's still not fair that's why I don't like games with a provably fair method. I stick to the games where you can challenge your skills among to the other players and not to some luck based game. This is just my own opinion hope it doesn't bother to you or to anyone. Wink
legendary
Activity: 3766
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March 17, 2019, 03:11:35 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.

You are right.
Trading with leverage is high risk.
Gambling with provably fair is better then using leverage.
I trade without leverage only.

It depends on the period. Where there are major bullish run with little spread across the markets, I'd say that is quite safe to have short positions even with leverage. Lot less painful than gambling.
member
Activity: 546
Merit: 32
March 17, 2019, 02:30:11 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.
sr. member
Activity: 1246
Merit: 255
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March 14, 2019, 10:15:15 AM
Trading is similar to that of gambling, it has got high risk in it. If the predictions about the games result get coincide with the prediction we'll get a good earning. If the same happens in the opposite way loss happens. With trading similar risk is there, but the same on borrowed money makes the trading process more difficult. Because, we're in a forced situation to invest on the right coin. Small mistake will cause a big loss and when it is borrowed on interest it is further loss.. In this regard it is better to go with gambling than leveraged trading.
full member
Activity: 1750
Merit: 118
March 14, 2019, 09:59:04 AM
Same scenario here. When I thought I have sustained enough knowledge to do swing trade in bitmex, I lose all my funds, too. Nothing left. That is also the time I've come to realized that it is close as gambling. The only difference is that when whales entered the market, even the strongest indicators and TA will become worthless.

Whales are powerful than anything in this industry . thats the bad side of investing and trading in any markets not just on cryptos  . that is also the reason why i only prefer gambling because there is no known whales in the gambling scene . you can win or loose depending on your luck  .

You are right.
Trading with leverage is high risk.
Gambling with provably fair is better then using leverage.
I trade without leverage only.

Gambling with provably fair is fair but that doesnt mean that you can now win more often  .  in gambling luck do still matter the most  . though trading with leverage has the same risk as gambling  because both are unpredictable .
member
Activity: 630
Merit: 20
March 14, 2019, 07:59:50 AM
Same scenario here. When I thought I have sustained enough knowledge to do swing trade in bitmex, I lose all my funds, too. Nothing left. That is also the time I've come to realized that it is close as gambling. The only difference is that when whales entered the market, even the strongest indicators and TA will become worthless.
copper member
Activity: 2940
Merit: 1280
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February 08, 2019, 12:46:58 AM
~snip
You are right.
Trading with leverage is high risk.
Gambling with provably fair is better then using leverage.
I trade without leverage only.
Both things, gambling and trading, has risk and it’s a matter of how well prepared you are with what you are doing. For example, there are a lot of great traders, not the one who claim themselves great, do very well with trading. It’s just a matter of consistency, correct analysis, and the right trend. Leveraging is great when you are trying to have a small amount and still have a great profit but unless you have no knowledge with that, it would be hard. I’m just thankful that my trading bot is now capable of margin trading even if I have less knowledge with it.
sr. member
Activity: 1330
Merit: 258
February 07, 2019, 11:32:27 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.

You are right.
Trading with leverage is high risk.
Gambling with provably fair is better then using leverage.
I trade without leverage only.
sr. member
Activity: 1330
Merit: 291
February 05, 2019, 05:20:41 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.
Gambling can some how be compared to trading with leaverage because in both you may loose all or double your capital of which you use for the investment. I will advise people to always steak to the one for which you are good at in other for you to continue earning your profit from either gambling or leaverage trading.
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