Topic: How is trading *not* gambling? (Read 23391 times)
definitely, there's a huge difference in between betting along with deals. I believe the industry is really a work that needs 80% precise evaluation, therefore we want a higher accuracy. whilst betting is really an online game which depends on good fortune, personally, 80% associated with good fortune is required to earn the betting online game. came to the conclusion the actual betting as well as buying and selling will vary points.
no, I don't think trading doesn't bet on something random. Bitcoin and other crypto currencies can be determined in terms of direction and price movements. also through news. all the up and down price information is on technical and fundametal analysis. different from gambling, they only guess a number or some baseless numbers. gambling is guessing with 100% profit and 100% loss.
I think that trading is a job and cannot be said to be gambling. try to compare trade and gambling. when someone trades, they are not forced to bet on earning income. what they do is the activity of selling and buying by utilizing price conditions that can rise and can go down. very different from someone who gambles, people who gamble will definitely bet on getting results. when their bets win, they make a profit. but when they lose, the money they have is gone. so I think trading crypto is very different from gambling.
We can say that it is trading not a gambling because we usually buy in low price and sell in much higher price. Somewhat maybe other recognize it as gambling because of the transaction happening in trading. Maybe that was the reason why it is recognize by some people as gambling but it is really trading as its process is very strategic and systematic in a way of normal trading. This is only my opinion though, no hate.
How different is trading from just gambling? I know there seems to be a big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?
There is a big difference between gambling and trading. Although some people do see the both as the same, because there are risks involved… but the difference is this– when it comes gambling there are NO loss mitigation strategies. But as a trader you have ways to avoid loss. That’s the difference, so gambling and trading are not the same. How different is trading from just gambling? I know there seems to be a big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?
Gambling is an entertainment that can make the user addicted on it, its like you are giving your money without assurance. But in trading you can invest and earn profit but then you need gambling too there.
Trading and gambling are quite related and similar.
They both depend on skill and chance.
There is also the possibility of losses and gains.
I wouldn't say any requires more skill or luck than the other. But trading is more technical.
They both depend on skill and chance.
There is also the possibility of losses and gains.
I wouldn't say any requires more skill or luck than the other. But trading is more technical.
Trading is for people who can analyze the market and those who have capital. Because if you do not have knowledge in market, you will loss by your emotions. Be careful. Keep control.
How different is trading from just gambling? I know there seems to be a big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?
Gambling is far different than trading and vice versa is also true. Gambling is all based on the algorithm which predicts the data of users and gives rewards based on how much money you have wagered already. Now no gambling site will give you huge money without seeing how much you have invested in them and benefited in them. This reward based limit breaks out when you have poured enough money into their pockets and its the truth about it.
Apart from this trading is open and you get what you invested along with proper % profits in return. This is solely based on the external and internal factors.
Something similar to gambling of course there, but the main thing is always to keep a cool head, have a clear goal and strategy, and to fix profits. Then trading will only be a joy)
How different is trading from just gambling? I know there seems to be a big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?
Some people consider trading as gambling, but they are totally wrong. Trading is done for investment purpose which in turn aims to earn profits, where as gambling is for entertainment purpose. To become a successful trader you need to study the necessary study material whereas an illitrate person can also gamble. In order to be successful in gambling all you need is luck, but in trading ,skills are also mandatory with the luck. So these differences states the difference between trading and gambling. 
How different is trading from just gambling? I know there seems to be a big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?
Yes trading is very much different from gambling. The only thing common is uncertainty. In gambling, a person trades on his luck only. In trading also, there is a luck factor but it is not the only factor. A person needs to have a lot of knowledge about the market. He has to make predictions about the market which is based on technical charts and analysis. So lot of technical work is there which makes trading more difficult than gambling.Sure - a successful gambler is simply a lucky man but a successful trader is a guy, who has a lot of experience and skills. He works very hard every day to earn the money.
I think in crypto trading there are really a lot of variable factors which depend from various things and from you as well...gambling? well, just luck is involved here.
Yes, that's true. in gambling random percent you'll going to win,
however, in trading you can predict the outcome by using
analysis and tools.
however, in trading you can predict the outcome by using
analysis and tools.
for trading you have to instill in your mind not to think about the price conditions that you want to buy and you just need to sell and buy coins just don't think about anything else so it is not affected by the suggestion that trading is gambling.
How different is trading from just gambling? I know there seems to be a big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?
Yes trading is very much different from gambling. The only thing common is uncertainty. In gambling, a person trades on his luck only. In trading also, there is a luck factor but it is not the only factor. A person needs to have a lot of knowledge about the market. He has to make predictions about the market which is based on technical charts and analysis. So lot of technical work is there which makes trading more difficult than gambling.Sure - a successful gambler is simply a lucky man but a successful trader is a guy, who has a lot of experience and skills. He works very hard every day to earn the money.
The biggest difference is that, regardless of gambling or any other field, when you invest in learning and increasing your odds of winning, it is no longer called gambling. When trading you have information, advice, market trends, capital management, time of buying and selling, data collection, etc. These things make the difference between financial transactions and blackouts. .
How different is trading from just gambling? I know there seems to be a big difference with technical analysis and whatnot, but in the end aren't you just betting on something completely random?
trading is not gambling when you realize your trading aims, have a trading plan and follow it, control yourself and avoid 'storm' trading or trading under feelings.
trading is that which you work on, and follow the rules which you set for yourself.
if you trade when you have a wish or mood for that then it is a gambling. just entertaining yourself, nothing more
I think trading cannot be considered as gambling in such a way that they differ from each other. Trading is an investment which the investors are the ones who are having knowledge on how they managed they money and to prevent losses while Gambling is illegal in most countries in our world and commonly used for entertainment purposes only.
Trading is not gambling. Its similar to some forms of wagering like betting on horse racing or poker.
Gambling is a game for entertainment and trading is business, experience , investment..
It doesn't matter how we see it, what's important is that we are matured enough to understand the risk before taking it. Gambling is a game for entertainment and trading is business, experience , investment..
Maybe they have similarity as both in trading and gambling, you need to risk money and hope to grow it and you can succeed or failed, depending on how you handle it.
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