Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.
i do not think that it is such a hard to explain, as the main difference between gambling and trading is that gambling is more risky than trading,
If people do the trading without any knowledge of trading then it is also similar to trading because they are just trading based on believe or luck. Gambling games are mainly for fun and entertainment so you need to spend money for these entertainments. If you manage trading well then you can surely make decent profits over the time but in gambling, it is not possible to make a profit in the longer run.
If those people are trading without any enough knowledge to do good trades then it is safe to say that they are gambling because they don't know what to do and they just go and go and buy and sell without great analysis. Trading is not a gambling if you know what you are doing and if you know how to make profit in a short or longer run of trades, it is all about knowledge and skills and also experience.
and this is why we need to learn to make analysis so our trading is not only gambling and we can determine in what range price we want to sell. this is works to when we want to buy the coins, we need to analyze the down trend and we need to place our buy order in price we want. don't be too greedy if we see that the price is increase, at least we can get profit, i think its enough and we can trying to do more with other coins.
trade or gambling, it all for profit, but the dfference is, if a bneficial trade for all parties, while gambling only benefit the two people, the bookies and those who win gambling .. of course it transaction not good, but beneficial trade for all parties, the transaction happen because they need each other, no one feels lost and all will balanced between sellers and buyers, gambling requires skill and luck to win and make the opponent bankrupt. trade also requires skill and luck like gambling, but not only that, the thing I think is important is trade requires trust,.. trust of others and trust to other people, of course you are going to buy something of smeone you trust, and you will sell goods to people the ones that you trust, and it is a good transaction ,, in gambling we may not trust each other, there is only suspicion, fear, and each wants to drop ...it is my opinion ...So, let us trade and gamble ...hehehe..
