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Topic: How is trading *not* gambling? - page 13. (Read 23376 times)

sr. member
Activity: 966
Merit: 274
March 24, 2017, 11:10:11 AM
Trading is different from gambling, we need to analize first before making decisions which is not require in betting because it depends only in luck. Making trades has less risk than playing gamble games. Trading is more profitable and you can assure that you can have positive results unlike in gambling...
Trading and gambling are both risky. In trading since in just a week, you could lose so much profit if the coin you bought dumps rapidly. In terms of profit, you can earn more profit if you have a huge capital, otherwise you can earn just small. In the other hand, in gambling you can earn a big chance but the probability of chance is on the house edge's side. Gambling is quite risky since you have a lesser chance of winning but when you that small chance of winning, that would be a big fish that would certainly give you big earnings.
hero member
Activity: 2464
Merit: 594
Bitcoin Casino Est. 2013
March 24, 2017, 03:17:38 AM
Trading is different from gambling, we need to analize first before making decisions which is not require in betting because it depends only in luck. Making trades has less risk than playing gamble games. Trading is more profitable and you can assure that you can have positive results unlike in gambling...
sr. member
Activity: 594
Merit: 250
March 24, 2017, 02:57:03 AM
Trading is like gambling but it doesnt mean you are gambling literally. Gambling and trading are both risky. These two are different on purpose. Gambling is for entertainment and trading is for business. Gambling is more luck and trading needs more analizing. For more definition. Just search it on google.

I definitely agreed, that both of them are risky but gambling is more risky than trading. Because loses of money always happened in gambling site rather in doing trade you can minimize you lose in trading sites.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
March 22, 2017, 02:40:28 AM
Trading is entirely different from gambling, in trading technical  and fundamental analysis  is considered most and in trading that requires candlesticks the knowledge in candlesticks pattern will in a long run helps to determine when to buy and when to sell. unlike gambling which is 50:50.
sr. member
Activity: 784
Merit: 250
March 22, 2017, 02:24:41 AM
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?
For me trading is like a conventional business type, where you are going to invest something then you need to do some selling through trading it in the exchange platform. While gambling cannot be consider as assets and investment. it is always marked as a game of fun only.
legendary
Activity: 910
Merit: 1000
March 21, 2017, 10:35:28 PM
altcoin market have more volatile , no wonder it is hard to predicted right ,
bigger risk too when you want to trade on an altcoin that have a high volatile level ,
doesn't matter about the value , the risk and the way trading to earn profit are almost just same as gambling,
can not really distinguish between both .
Yes, many people here are just comparing trading with gambling, but I too agree that altcoin trading is nothing but gambling and bitcoin trading is not all the times a gambling. Trading an altcoin until it gets established must be a gambling, this way also bitcoin is an established commodity, we can trade it securely.
Yes trading altcoins will be gambling, if the traders doesn't has rules in trading altcoins ( some people calling system trading and trading plan) the rules of trading are like: when they must be entry in market open positions buy or sell, when exit market had got profit even stop lost if the markets be against their analysis, everything are clear what must be done on every condition of market.
legendary
Activity: 2170
Merit: 1427
March 21, 2017, 07:17:53 PM
Trading an altcoin until it gets established must be a gambling

In general, if you look at how the altcoin market is set up in percentages, then we have around 2-3% that are coins really adding something, having solid developers on board, support from market movers, etc. Then we have like 8-7% that are coins started up as legit minded projects. After that ~90% are all shitcoins. If you invest in coins fitting in this ~90% shitcoin category, it's gambling. You enter the market at a certain price, where after that you wait a while to see what the price at that later time frame is - If the price has gone up, you win, if the price has gone down, you obviously lose. These coins don't have any future potential, and thus only drive on pumps and dumps.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
March 21, 2017, 03:32:45 PM
altcoin market have more volatile , no wonder it is hard to predicted right ,
bigger risk too when you want to trade on an altcoin that have a high volatile level ,
doesn't matter about the value , the risk and the way trading to earn profit are almost just same as gambling,
can not really distinguish between both .
Yes, many people here are just comparing trading with gambling, but I too agree that altcoin trading is nothing but gambling and bitcoin trading is not all the times a gambling. Trading an altcoin until it gets established must be a gambling, this way also bitcoin is an established commodity, we can trade it securely.
legendary
Activity: 1414
Merit: 1002
= jasad =
March 20, 2017, 07:37:09 PM
Trading is different than Gambling because they're based on the real business, real people , real coin, that you should have information before you doing trade.
Gambling is just invest on a percent that can give you back the reward, the profit. Anything can happen.

Trading is not gambling because you are holding your funds in your hands and your results will depend on how you play with market where as in gambling you simply put your money and hope that you will win and that will depend only on luck.
those people who yelling about trading = gambling ,
are the one who feel disappointed on their trading status ,
they feel it is just the same thing as gambling as they can't predict the market ,
so indeed it feels just guessing , but actually pretty much different.
They are not the same and they are different trading is a good choice since you can gain more profit if you are trading in altcoin because the movement of the price is more high increase and cheap altcoin.. unlikes in bitcoin that you can see the price is high and it took hours or days or week before you can see that you made profit or you lose but you can be still hold it for a long time and maybe the price of that altcoin will be more price high like dash.. i am collecting in the faucet of dash before.. but the problem i forgot my wallet because collecting bitcoin is more worth..
Gambling is gambling and you are enjoying and halving fun if you gamble and most of the people in gambling are greedy..
altcoin market have more volatile , no wonder it is hard to predicted right ,
bigger risk too when you want to trade on an altcoin that have a high volatile level ,
doesn't matter about the value , the risk and the way trading to earn profit are almost just same as gambling,
can not really distinguish between both .
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
March 20, 2017, 06:21:11 AM
Major difference between gambling and trading:

Gambling is always a risk seeking activity, no matter what you are playing against negative odds, it is either win or lose type of game.
Trading however might be considered as risk aversion method of earning money, you have mechanisms which will help you to minimize your loses (to certain degree).
yes that is right to say as in trading we need our skill and previous experience and therefore it will become very easy for use to make money from trading, while in gambling we do not need for any experience and we mostly depend on our luck in gambling.

No strategy will help you in winning in gambling as it is purely dependent only on luck and it will give you positive results only if luck favors you and most of the times you will be getting nothing from it but in trading if you have enough experience then you can come up with good strategy which can help you in making good profits on regular basis

That all depends on the type of gambling

If it is purely luck based (actually, luck minus house edge), then you are set to lose if you continue to gamble indefinitely, so your only chance is to just "hit and run". In other games, which are based on both luck and skill (e.g. poker, as others have already mentioned), your chances increase with the experience you get over time (trading can be considered as such gambling too). But you should also have inclination and overall predisposition for a specific type of gambling to get to the top. Otherwise, you will be just wasting time and money
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
March 20, 2017, 12:24:28 AM
Major difference between gambling and trading:

Gambling is always a risk seeking activity, no matter what you are playing against negative odds, it is either win or lose type of game.
Trading however might be considered as risk aversion method of earning money, you have mechanisms which will help you to minimize your loses (to certain degree).
yes that is right to say as in trading we need our skill and previous experience and therefore it will become very easy for use to make money from trading, while in gambling we do not need for any experience and we mostly depend on our luck in gambling.

No strategy will help you in winning in gambling as it is purely dependent only on luck and it will give you positive results only if luck favors you and most of the times you will be getting nothing from it but in trading if you have enough experience then you can come up with good strategy which can help you in making good profits on regular basis.
I'm pretty sure that is not a conclusion, one can be successful in gambling if he have the skills, I have a family member who are making a living in gambling and he gets high respect from us because we know how hard the journey to be a gambler. He is actually a poker player and believe it or not, he was able to build his own home, raise his kids in a good school and bought a car from his earnings in gambling.

Luck based and skilled based games can give your fortune but so much chance you can get in a skilled based games.

beside having skills, don't forget that if the person have luck in gambling, then he can be successful too like pro gambler but its only a few people that can be like this. in trading, if we want to reach the profit, we need to learn some basic trading tutorial, we need to learn about how to catch the timing of buy and sell, we need to analyze the chart, history of the coins and more.
hero member
Activity: 924
Merit: 506
March 20, 2017, 12:10:47 AM
I'm pretty sure that is not a conclusion, one can be successful in gambling if he have the skills, I have a family member who are making a living in gambling and he gets high respect from us because we know how hard the journey to be a gambler. He is actually a poker player and believe it or not, he was able to build his own home, raise his kids in a good school and bought a car from his earnings in gambling.

Luck based and skilled based games can give your fortune but so much chance you can get in a skilled based games.
Yup, one of my family members was also a successful gambler but lost a few houses and few times even the wife was an old fashion style playing with bones and coins. everyone will eventually get greedy and lose big after all your opponents should win as well right?
But remember when you trade you are giving something valuable and taking something of somewhat equal value instead while when you gamble you are either giving everything you've got or taking everything they've got.
hero member
Activity: 1050
Merit: 529
Student Coin
March 19, 2017, 11:10:21 PM
Major difference between gambling and trading:

Gambling is always a risk seeking activity, no matter what you are playing against negative odds, it is either win or lose type of game.
Trading however might be considered as risk aversion method of earning money, you have mechanisms which will help you to minimize your loses (to certain degree).
yes that is right to say as in trading we need our skill and previous experience and therefore it will become very easy for use to make money from trading, while in gambling we do not need for any experience and we mostly depend on our luck in gambling.

No strategy will help you in winning in gambling as it is purely dependent only on luck and it will give you positive results only if luck favors you and most of the times you will be getting nothing from it but in trading if you have enough experience then you can come up with good strategy which can help you in making good profits on regular basis.
I'm pretty sure that is not a conclusion, one can be successful in gambling if he have the skills, I have a family member who are making a living in gambling and he gets high respect from us because we know how hard the journey to be a gambler. He is actually a poker player and believe it or not, he was able to build his own home, raise his kids in a good school and bought a car from his earnings in gambling.

Luck based and skilled based games can give your fortune but so much chance you can get in a skilled based games.
sr. member
Activity: 420
Merit: 250
March 19, 2017, 10:33:13 PM
Major difference between gambling and trading:

Gambling is always a risk seeking activity, no matter what you are playing against negative odds, it is either win or lose type of game.
Trading however might be considered as risk aversion method of earning money, you have mechanisms which will help you to minimize your loses (to certain degree).
yes that is right to say as in trading we need our skill and previous experience and therefore it will become very easy for use to make money from trading, while in gambling we do not need for any experience and we mostly depend on our luck in gambling.

No strategy will help you in winning in gambling as it is purely dependent only on luck and it will give you positive results only if luck favors you and most of the times you will be getting nothing from it but in trading if you have enough experience then you can come up with good strategy which can help you in making good profits on regular basis.
sr. member
Activity: 264
Merit: 250
March 19, 2017, 07:45:29 PM
Major difference between gambling and trading:

Gambling is always a risk seeking activity, no matter what you are playing against negative odds, it is either win or lose type of game.
Trading however might be considered as risk aversion method of earning money, you have mechanisms which will help you to minimize your loses (to certain degree).
yes that is right to say as in trading we need our skill and previous experience and therefore it will become very easy for use to make money from trading, while in gambling we do not need for any experience and we mostly depend on our luck in gambling.
hero member
Activity: 966
Merit: 535
March 19, 2017, 02:20:33 PM
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?

You are right! Trading is also gambling but the nature is completely different here. Trading is probably the only one type of gambling which is legal across the world. But gambling in its true sense, is legal in few countries. However, in trading, people take calculated risk and in gambling, you bet for your fate. Otherwise, you giveaway your money to the gambling website owner.

With my long trading experience I can vouch for trading. I started with a very little amount earned from signature campaign and now I have enough money to sustain my self for another 3 months without a job. So if you can play it right in trading, you will be rewarded suitably, unlike gambling!

You can trade with accuracy. You can minimize your losses. It is a risk and it is like taking a gamble but the gamble is usually in your favour or you shouldn't be taking it. I think too many people think it's quick and easy money but it is not. You need consistency and not to give up. You need to do your research and even keep up with the latest of the coins in social networks so you dont fall behind. Constantly checking the markets. It is lots of work.
hero member
Activity: 1386
Merit: 623
Maintain Social Distance, Stay safe.
March 19, 2017, 01:19:57 PM
Trading is different than Gambling because they're based on the real business, real people , real coin, that you should have information before you doing trade.
Gambling is just invest on a percent that can give you back the reward, the profit. Anything can happen.

Trading is not gambling because you are holding your funds in your hands and your results will depend on how you play with market where as in gambling you simply put your money and hope that you will win and that will depend only on luck.
those people who yelling about trading = gambling ,
are the one who feel disappointed on their trading status ,
they feel it is just the same thing as gambling as they can't predict the market ,
so indeed it feels just guessing , but actually pretty much different.
They are not the same and they are different trading is a good choice since you can gain more profit if you are trading in altcoin because the movement of the price is more high increase and cheap altcoin.. unlikes in bitcoin that you can see the price is high and it took hours or days or week before you can see that you made profit or you lose but you can be still hold it for a long time and maybe the price of that altcoin will be more price high like dash.. i am collecting in the faucet of dash before.. but the problem i forgot my wallet because collecting bitcoin is more worth..
Gambling is gambling and you are enjoying and halving fun if you gamble and most of the people in gambling are greedy..
legendary
Activity: 1414
Merit: 1002
= jasad =
March 19, 2017, 12:56:08 PM
Trading is different than Gambling because they're based on the real business, real people , real coin, that you should have information before you doing trade.
Gambling is just invest on a percent that can give you back the reward, the profit. Anything can happen.

Trading is not gambling because you are holding your funds in your hands and your results will depend on how you play with market where as in gambling you simply put your money and hope that you will win and that will depend only on luck.
those people who yelling about trading = gambling ,
are the one who feel disappointed on their trading status ,
they feel it is just the same thing as gambling as they can't predict the market ,
so indeed it feels just guessing , but actually pretty much different.
hero member
Activity: 2898
Merit: 639
March 19, 2017, 12:03:57 PM
certainly there is a big difference between gambling with trades. I think a trade is a job that requires 80% accurate analysis, so we need a high precision. while gambling is a game that relies on luck, for me 80% of luck is needed to win a gambling game. concluded the gambling and trading are different things.

I can agree with your skill/luck percentage when it comes to trading, but not per se with how you see gambling. It highly depend on what game you are playing. In some cases like poker it's also the understanding of the game that gains you an advantage, but in general gambling is just gambling. Slots, dice, roulette, etc. These are games that require you to have the full 100% of luck -- zero skills are involved here.
Actually the term gambling has been derived from trading or vice versa. Because trading means that you are waiting for your decision to pay off while in gambling also you do the same. There is not much visible difference though the best of the two right now is trading not because its more profitable rather more because it does not make you addict towards it.

Anyone starting trading just now, please take my advice and stick with price trading for now ( bitcoins price trading ) and get involved in alt coins trading when you feel you can take some risks.
I think that gambling and trading are similar in some ways but trading is based on the market and the actions you take are based on information’s, but gambling is completely based on luck and none other than that, it is true that trading also involves luck but luck plays 30% of it, but gambling involves 70% luck.
hero member
Activity: 1750
Merit: 589
March 19, 2017, 05:20:57 AM
the difference between that is gambling is so risky but in trading you can make a strategy on how to have a profit and besides trading is more likely safe than gambling because in trading you need is knowledge and in gambling you need is luck.
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