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Topic: How is trading *not* gambling? - page 14. (Read 23376 times)

hero member
Activity: 1694
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★Bitvest.io★ Play Plinko or Invest!
March 19, 2017, 05:09:05 AM
It's not the same, even thou it looks like that and feels like that in many moment's. I understand why people think of them the same, people mostly relay on luck in trading and gambling, and for them there is nothing more then that. Like a passionate gambler I think everything is a gamble, but games are different and that is what make the difference, and each game have a different approach, different rules.
legendary
Activity: 3080
Merit: 1500
March 19, 2017, 04:54:16 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?

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!
sr. member
Activity: 1232
Merit: 250
March 19, 2017, 04:44:25 AM
Trading is not similar to Gambling, though both are intended to acquire financial gains. But trading is where, you decide with you knowledge when to buy and sell, but gambling is kind of upon luck to some extent. Trading on commodities and stock market can be performed even with minimal risk if the person knows about the market and the movements.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
March 19, 2017, 03:05:26 AM
I like some binary options trading a lot! I am learning it currently, I am only a beginner. I have to admit that it is really kinda gambling, but anyway it is very fun and you can really make some nice money from it
Damn man you are here actually gambling and it's not at all called as trading. You will win initially and at the end you will regret why you started that way, actually those binary options is a good thing to trade but without a big house edge which i am sure no sites provides Sad

And to date till now there has been no one so good at trading via binary options that they can overcome big edge like 10-15%
sr. member
Activity: 1078
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http://unidapp.app
March 18, 2017, 10:57:29 AM
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.
legendary
Activity: 1400
Merit: 1001
March 18, 2017, 10:47:35 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).
legendary
Activity: 1372
Merit: 1005
March 18, 2017, 10:42:34 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?
They differ with various reasons. Gambling is a game which composes of player ans house edge. The probability of winning in there is in the house edge's favor. Trading is the word itself which means traders do trading with other currencies which are escrowed by trading site. Trading's risk depends on the market movement, while gambling's risk depends on the bankroll's stats.

Correct, gambling is competely based on the person luck only but when we do trading is all depends on your security concerned activities and price change. Always use to do a trade with the help of escrow to avoid failed trade. Price chart we cannot do anything for that we simply have to plan accordingly and move with it.
hero member
Activity: 1022
Merit: 521
March 18, 2017, 10:35:43 AM
Well, have a trading system that is completely different from gambling. you can control what you seek income from trading. basically trading is simply buying and selling. it is just like buying gold, and wait for the price to be rising. whereas gambling is a game that risked valuable objects.
Yeah ,a simple explanation and yet its so easy to understand the basic difference of two for those who doesn't know . I'll only add the thing about trading as not as easy as buying and selling we need to learn a lot and experience some losses for us to earn ,unlike gambling that luck is only needed no particular stratedgy ofcourse if you will play a gambling game you know even a little how to play that game .So both will take apart but the big difference is how it works and how you will analyze which you will do .
I agree with you. Gambling is working and basing only on the luck and script of the game or system while trading is more challenging because even you are a loser at the first time of your try, you can still improve yourself by reading a lot of things that can help you to become a better trader while in gambling if you lose in the first try then there is no chance for you to become a better gambler because there is no tips or articles that can help you.

There is nothing like great gambler in gambling as every time you will depend only on luck for winning and there is no room for improvement and you will never have control on your outcomes but in trading you will have control on your funds and your actions will decide your results.
In gambling, I'm not depending on my luck but it seems like the script was controlling anything. and i think skill and luck will be useless in gambling. The key in trading is managing our fund and it makes different with the others.

No I do not think that the script of these gambling sites control the game these are fair games and the scripts are designed to continue the game fair for both the parties. It all depend on your experience in that particular game if you will spend some time in gambling then a time will come when you will be able to predict the games.
sr. member
Activity: 448
Merit: 250
March 18, 2017, 06:18:17 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?
Gambling and trading is different from each other, gambling is for entertaining and making money is not sure because without pure luck you can't get money to win. And in trading it is for investment or busines. Gambling and trading have the same money involve and with decision making to make better results. Trading uses a plan or strategies, in our bitcoin market you can encounter that sometimes the exchanges between bitcoin and dollar increase and sometimes decrease. And with use of bitcoin you can play gamble online.
hero member
Activity: 1120
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Filipino Translator 🇵🇭
March 18, 2017, 12:51:39 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?
They differ with various reasons. Gambling is a game which composes of player ans house edge. The probability of winning in there is in the house edge's favor. Trading is the word itself which means traders do trading with other currencies which are escrowed by trading site. Trading's risk depends on the market movement, while gambling's risk depends on the bankroll's stats.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
March 17, 2017, 09:36:14 PM
Well, have a trading system that is completely different from gambling. you can control what you seek income from trading. basically trading is simply buying and selling. it is just like buying gold, and wait for the price to be rising. whereas gambling is a game that risked valuable objects.
Yeah ,a simple explanation and yet its so easy to understand the basic difference of two for those who doesn't know . I'll only add the thing about trading as not as easy as buying and selling we need to learn a lot and experience some losses for us to earn ,unlike gambling that luck is only needed no particular stratedgy ofcourse if you will play a gambling game you know even a little how to play that game .So both will take apart but the big difference is how it works and how you will analyze which you will do .
I agree with you. Gambling is working and basing only on the luck and script of the game or system while trading is more challenging because even you are a loser at the first time of your try, you can still improve yourself by reading a lot of things that can help you to become a better trader while in gambling if you lose in the first try then there is no chance for you to become a better gambler because there is no tips or articles that can help you.

There is nothing like great gambler in gambling as every time you will depend only on luck for winning and there is no room for improvement and you will never have control on your outcomes but in trading you will have control on your funds and your actions will decide your results.
to me i think in trading we need to use our skill and experience and therefore trading is not like gambling. because in gambling we do not need for any skill or experience in trading.
Because gambling is all about the provably fair and your skill will be useless if you're playing on gambling. All about the probably fair to make a winning bet for us. It's not good in my mind.
newbie
Activity: 56
Merit: 0
March 17, 2017, 09:35:19 PM
It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for

If you're a millionaire by the time you're 30, but blow it all by age 40, you've gained nothing. Grow and protect your investment portfolio by carefully diversifying it, and you may find yourself funding many generations to come.
hero member
Activity: 700
Merit: 500
March 17, 2017, 07:56:11 PM
Well, have a trading system that is completely different from gambling. you can control what you seek income from trading. basically trading is simply buying and selling. it is just like buying gold, and wait for the price to be rising. whereas gambling is a game that risked valuable objects.
Yeah ,a simple explanation and yet its so easy to understand the basic difference of two for those who doesn't know . I'll only add the thing about trading as not as easy as buying and selling we need to learn a lot and experience some losses for us to earn ,unlike gambling that luck is only needed no particular stratedgy ofcourse if you will play a gambling game you know even a little how to play that game .So both will take apart but the big difference is how it works and how you will analyze which you will do .
I agree with you. Gambling is working and basing only on the luck and script of the game or system while trading is more challenging because even you are a loser at the first time of your try, you can still improve yourself by reading a lot of things that can help you to become a better trader while in gambling if you lose in the first try then there is no chance for you to become a better gambler because there is no tips or articles that can help you.

There is nothing like great gambler in gambling as every time you will depend only on luck for winning and there is no room for improvement and you will never have control on your outcomes but in trading you will have control on your funds and your actions will decide your results.
to me i think in trading we need to use our skill and experience and therefore trading is not like gambling. because in gambling we do not need for any skill or experience in trading.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
March 17, 2017, 12:50:47 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.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
March 17, 2017, 11:50:36 AM
They do have both risk on losing up money on engaging between two things and trading would really like gambling if you do it without any knowledge that you are just trading up blindly then comparing the risk to gambling would be the same because you don't know on what you are doing but when you do trade with proper knowledge then it's already a different story since it would become a profitable business when you do constantly making money out of it.
hero member
Activity: 1106
Merit: 501
March 17, 2017, 11:40:32 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?

People do gambling to win money or to make profit in an instance, while trading is an investment for business, when it comes for risk they're kinda similar but in terms of business and society they are much different, because trading is a big factor for economy.
legendary
Activity: 1386
Merit: 1058
March 17, 2017, 11:10:19 AM
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.
Gambling can be done in terms of trading while someone can do trading like almost gambling, for example we do arbitrage betting then actually its odds trading and if someone is just buying random coins then its rather gambling and not trading.

It's not important if we trade or gamble just make sure your strategy is foolproof means that it cannot have anything wrong, if it has risks find ways to minimize it.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
March 16, 2017, 09:20:12 PM
Well, have a trading system that is completely different from gambling. you can control what you seek income from trading. basically trading is simply buying and selling. it is just like buying gold, and wait for the price to be rising. whereas gambling is a game that risked valuable objects.
Yeah ,a simple explanation and yet its so easy to understand the basic difference of two for those who doesn't know . I'll only add the thing about trading as not as easy as buying and selling we need to learn a lot and experience some losses for us to earn ,unlike gambling that luck is only needed no particular stratedgy ofcourse if you will play a gambling game you know even a little how to play that game .So both will take apart but the big difference is how it works and how you will analyze which you will do .
I agree with you. Gambling is working and basing only on the luck and script of the game or system while trading is more challenging because even you are a loser at the first time of your try, you can still improve yourself by reading a lot of things that can help you to become a better trader while in gambling if you lose in the first try then there is no chance for you to become a better gambler because there is no tips or articles that can help you.

There is nothing like great gambler in gambling as every time you will depend only on luck for winning and there is no room for improvement and you will never have control on your outcomes but in trading you will have control on your funds and your actions will decide your results.
In gambling, I'm not depending on my luck but it seems like the script was controlling anything. and i think skill and luck will be useless in gambling. The key in trading is managing our fund and it makes different with the others.
hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
March 16, 2017, 07:35:28 PM
Well, have a trading system that is completely different from gambling. you can control what you seek income from trading. basically trading is simply buying and selling. it is just like buying gold, and wait for the price to be rising. whereas gambling is a game that risked valuable objects.
Yeah ,a simple explanation and yet its so easy to understand the basic difference of two for those who doesn't know . I'll only add the thing about trading as not as easy as buying and selling we need to learn a lot and experience some losses for us to earn ,unlike gambling that luck is only needed no particular stratedgy ofcourse if you will play a gambling game you know even a little how to play that game .So both will take apart but the big difference is how it works and how you will analyze which you will do .
I agree with you. Gambling is working and basing only on the luck and script of the game or system while trading is more challenging because even you are a loser at the first time of your try, you can still improve yourself by reading a lot of things that can help you to become a better trader while in gambling if you lose in the first try then there is no chance for you to become a better gambler because there is no tips or articles that can help you.

There is nothing like great gambler in gambling as every time you will depend only on luck for winning and there is no room for improvement and you will never have control on your outcomes but in trading you will have control on your funds and your actions will decide your results.
Exactly that is a good advantage of trading over gambling. In the mean time there are more people are hoping that they can change their chances of winning by finding the right stratedgy for improvement and for profit, but its not they are more control by a system and seeds of the game in particular like dice game while trading is a game of minds and skills any result is responsible for what move you do.
legendary
Activity: 3248
Merit: 1179
March 16, 2017, 07:18:40 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 can always look the things like that, life is gambling. You can always bet on outcome, what you can do in life, gambling, trading, etc, is to lower your risk. Most simple explanation for that that you always invest something energy, love, money, shares, material things, and you expect, hope, demand, wish to get something in return, that is gambling, nobody gets everything, not anyone fulfilled all expectations to be real. Now to get back on topic, difference between real gambling in casino and trading is in basics, its completely different game, with different odds and payouts, system is different. With this, how you call it, "technical analysis and whatnot" you are lowering your risk, and shoot for highest possible profit if you catch good moments. On contrary in gambling you just roll the dices and wait for profit, that is much easier then trading.
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