How is trading *not* gambling? - page 22.

Idrisu

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Quote from: Shiroslullaby on January 19, 2017, 07:51:33 PM

Its similar to some forms of wagering like betting on horse racing or poker.
You are taking an educated guess. Doing research may give you a slight advantage which, over time, may allow you to make more money than other players.
But its still definitely a form of gambling.

Trading is widely different from gambling as the sky from the earth. Gambling is a games of chance and forex trading is a business. Gambling is based of a probability why trading is based on skills and adequate knowledge. You don't need any knowledge to be successful in it but in forex you need to have adequate skill, understanding and know on how it works.

basesaw

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Quote from: mk3000 on January 19, 2017, 07:43:55 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?

their are times that trading is like gambling. although both gambling and trading will risk your money. in trading you can always control when you will sell or not. making a mistake in trading will surely will make you a lose. while in gambling you dont have the right wether you will win or you will lose. you can pick the winning rate but it will not guarantee you a sure earning.

crairezx20

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Quote from: Xenophoto on January 26, 2017, 11:28:04 AM

Quote from: Sponsoredby15 on January 25, 2017, 06:46:44 AM

Because you wont lose money if you do trading right. Buy low sell high

Dude, how do you even do trading right? How can you know that the price is low? You might think it's low because there was a recent dump but you're still unsure if that's actually a good price to buy and if the market is going to pick up afterwards. You might buy and then the price would decrease even more. There's just no way to do trading "right", you still have to depend on luck for the outcome of your trading.

It's basically the same thing as gambling but we all associated the word "gambling" to stuffs like playing cards, dice, roulette, and sports betting. Basically stuffs that you bet on and not invest on.

They are not the same actually but we are still need luck but i believe that more than price pump will happen than dumping.. since bitcoin is growing daily.. Also you need timing in trading and you need strategy to make a good profit..
Setting margin making tier 5 different tier for me it makes me good profit even a small amount of capital i can make a good profit..

Xenophoto

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Quote from: Sponsoredby15 on January 25, 2017, 06:46:44 AM

Because you wont lose money if you do trading right. Buy low sell high

Dude, how do you even do trading right? How can you know that the price is low? You might think it's low because there was a recent dump but you're still unsure if that's actually a good price to buy and if the market is going to pick up afterwards. You might buy and then the price would decrease even more. There's just no way to do trading "right", you still have to depend on luck for the outcome of your trading.

It's basically the same thing as gambling but we all associated the word "gambling" to stuffs like playing cards, dice, roulette, and sports betting. Basically stuffs that you bet on and not invest on.

Zadicar

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Trading is indeed a gambling since you are risking money to earn money but this kind of gambling is different from other gambling games we know since trading could be learned and theres a proper way on how to lessen the risk and increasing the chance on making money on long term basis which you cant found in any gambling game,This is just my own view.

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Quote from: mk3000 on January 19, 2017, 07:43:55 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?

Nope I don't think so. its not random anymore if you've researched and analyzed the factors that may affect the end result. definitely when you're just starting to do trading it would be like gambling but as you gain experiences you pretty much would have an idea of how it works and it's not going to be random anymore. there are a lot of successful traders here and that's not through random luck

xIIImaL

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Quote from: hisuka on January 26, 2017, 10:53:13 AM

Trading and gambling is different. Trading its like your buying of altcoins and selling of it. Trading is continuos learning were your knowledge is used and strategies. While in gambling is your ready to loss all your money since the purpose is to entertain.

Not that much fair answer. If you invest in gambling and play means you or not sure your fund will remain same or you will get the profit. If you do trading, you can use the escrow in all your trade then your money will be safe and you can easily make profits using pump and dump of bitcoin price.

hisuka

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Trading and gambling is different. Trading its like your buying of altcoins and selling of it. Trading is continuos learning were your knowledge is used and strategies. While in gambling is your ready to loss all your money since the purpose is to entertain.

pinkpanther03

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Quote from: mk3000 on January 19, 2017, 07:43:55 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?

No, They have big difference, and that is in trading you invest in the coin that you know the value will really increase, also you are keeping your coins. Why? because once you invest in trading, it is already your asset, while in gambling once you invest you are throwing your investment.Out of 100%, the 99% is chance for to loose in the game only 1% is your chance to win in the games.

capoeira

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Let's asume I open a bar. I try to get all the information necessary to be sure that it will be a success. But at the end, I can't garantee it. I could end up being forced to close it after 3 months with a loss (I made less money than I invested in it).
Is opening a bar gambling? no
Can you gamble by opening a bar? sure. If you chose a random location with a random concept you would be gambling.

bitllionaire

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Quote from: ethereumhunter on January 23, 2017, 05:34:57 AM

Quote from: X-ray on January 23, 2017, 01:17:11 AM

Quote from: Loganota on January 23, 2017, 12:38:00 AM

There is a bit of luck in trading, but as you have already said you do not depend 100% of your luck. In trading even if you give bad luck you can manage your losses. In gambling you simply lose.

That's right, whereas in gambling you will 100% lost when you just have the "bad luck" but in trading even if the altcoins you were invested having price dumping you can still hold your coins and waiting for the price increase again,luckily if the coin went far above the highest price, you will turn your lose into a profit, simple as that

its true, with trading although you made wrong decision when you buy the coins, if there is another pumping of the price, you are not loss the value of your bitcoin but you can get profit. but in gambling, you can loss all of your bitcoin. in trading, before you buy the coins, you need to make analyze and calculation so you minimize your loss if something bad happen.

in fact trading always give you chance to recover your lost if the price fell down, for example i have invested some money in bitcoin and the price of bitcoin fell down and if am not going to sell my bitcoin, i will like to say that still i have a chance to recover my lost if the price goes up, while in gambling one you lose you money then there is no chance to recover it, unless you invest some more money but still there is a chance that you will even lose your own money.

Sponsoredby15

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Because you wont lose money if you do trading right. Buy low sell high

Kevin77

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Quote from: romero121 on January 23, 2017, 01:54:37 AM

As several users quoted trading is a better option for one who needs a stable earning. With gambling if lucky can earn a lot in a short time else can loose the same in a single day. With trading you can make a variation in your profit by close examination of the price movement as we have got lots of trading accessibility.

Yes right, gambling is being controlled by a user or a group of people and hence they will always look to make their own profits.

While trading is a open sort of thing where no single person or group is controlling and hence chances are much better to earn there. With gambling there is never a obvious profit while with trading sometimes we have easy and obvious profit moments.

geopolisch

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Quote from: jeraldskie11 on January 23, 2017, 08:47:59 PM

Quote from: mk3000 on January 19, 2017, 07:43:55 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?

There is a big difference between trading and gambling. If you say trading, it is an exchange of altcoins. You can earn here by just increasing the value of it then exchange it back to bitcoin. Then if you say gambling, there is a winner and there is a loser. You can earn also here if you know the tricks.

The problem is right there brother, you haven't understood trading in its core .. trading does not means buying an entity and selling it .. its not that simple and flat. Rather its trusting a company and the team behind them and backing them financially and hoping/believing that the shares will go up with time. But gambling is not having such part.

carlerha

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Quote from: Viscore on January 23, 2017, 02:51:20 AM

Quote from: romero121 on January 23, 2017, 01:54:37 AM

As several users quoted trading is a better option for one who needs a stable earning. With gambling if lucky can earn a lot in a short time else can loose the same in a single day. With trading you can make a variation in your profit by close examination of the price movement as we have got lots of trading accessibility.

Both are good options depends on your capital or bankroll, if you have a small amount of bankroll, the best approach is do it in gambling because if you spend it in trading, you need to spend more time and it will not take you to the top like what you are expecting. The word is, "be realistic", always consider more what you can offer than what you want to achieve.

but in gambling you mostly depend on your luck while in trading you can use your previous experience and knowledge, so in gambling we do not have any role to make win. it totally depend on our luck, if we are luck we will win other wise we will even lose our own money, therefore to trading has the edge to of using experience and knowledge to increase the rate to winning.

RoommateAgreement

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Bazinga!

it depends on who is trading and gambling.
i have seen many people who are making bets on price, meaning they buy a random altcoin then wait to get lucky and the price of that goes up! so obviously in case of these people trading is like gambling.
but if you stop for a second and learn how to notice a good investment and how to trade then it changes from being a random bet to the most profitable act.

jeraldskie11

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Quote from: mk3000 on January 19, 2017, 07:43:55 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?

There is a big difference between trading and gambling. If you say trading, it is an exchange of altcoins. You can earn here by just increasing the value of it then exchange it back to bitcoin. Then if you say gambling, there is a winner and there is a loser. You can earn also here if you know the tricks.

BitcoinPanther

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Quote from: terrate on January 23, 2017, 12:58:23 PM

No, i will says trading same v gambling which others say different.

but just give u a tips, u can plan your bankroll.

And decided maybe 1%, 2% or something for your every trade.

That's is the practice which is trading but not gambling.

The difference is that when you are trading and you saw your stocks is declining in price (losing) you can at least get parts of your investment buy cutting losses while in gambling if you lose you loss all your bet.
Another difference is that in trading (same scenario) even if you bought your items in higher amount and the price is declining, you can still book a profit by taking advantage of rise and fall of the price. In gambling if you lose you lost all your bet.

terrate

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No, i will says trading same v gambling which others say different.

but just give u a tips, u can plan your bankroll.

And decided maybe 1%, 2% or something for your every trade.

That's is the practice which is trading but not gambling.

Superzpay

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Quote from: mk3000 on January 19, 2017, 07:43:55 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?

Sometimes it looks that trading and gambling are the same thing if we involve in a place of trading where we cannot predict about the price but when we spend more time in trading and we can be able to predict the future of assets then it become different than gambling and become beneficial.

Topic: How is trading *not* gambling? - page 22. (Read 23340 times)

Topic: How is trading not gambling? - page 22. (Read 23340 times)