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Topic: How is trading *not* gambling? - page 23. (Read 23340 times)

hero member
Activity: 765
Merit: 500
January 23, 2017, 08:22:58 AM
#66
trading and gambling is different
trading need an analisys and gambling need a lucky.
legendary
Activity: 1512
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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
January 23, 2017, 08:11:55 AM
#65
This is one of the questions which is in mind of most the people from the start. You can't loose everything if you know the basics or if you have even the slightest bit of experience in Trading. But Gambling is purely based on luck, there is no way you will know that you will gain or loose. So Trading may be similar to Gambling for some people but it is not Gambling actually.

but i think theyre point is trading is like gambling because of the word Risky! we need to take risk to earn or gain profits but i do agree if you know the basics and only small experience in trading you will earn and not loose all of your money unlike gambling you will loose it no matter what. Well as my self trading is not gambling but if talking risk then it is the same

There is a risk in every business. There are risks even if you are doing a job. What matters is the size of Risk. In Gambling, it is too much compared to Trading. That is one of the major difference between these two.
hero member
Activity: 2912
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Leading Crypto Sports Betting & Casino Platform
January 23, 2017, 05:34:57 AM
#64
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.
hero member
Activity: 3038
Merit: 647
January 23, 2017, 02:51:20 AM
#63
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.
legendary
Activity: 3206
Merit: 1213
Enterapp Pre-Sale Live
January 23, 2017, 01:54:37 AM
#62
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.
hero member
Activity: 2898
Merit: 520
Leading Crypto Sports Betting & Casino Platform
January 23, 2017, 01:17:11 AM
#61
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
hero member
Activity: 1764
Merit: 881
January 23, 2017, 12:38:00 AM
#60
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.
legendary
Activity: 1218
Merit: 1000
January 23, 2017, 12:25:56 AM
#59
In trading, you will not lose all the money you have if you're wrong to predict prices. besides, it is not bound to be losses if you wait, because maybe the price will go up. different from gambling, because if you're one to predict, you will lose all the money you bet. very many differences between gambling and trading. but, it's all you can feel when you play it.
sr. member
Activity: 248
Merit: 250
January 23, 2017, 12:12:37 AM
#58
For me it is not pure gambling, term "gambling" is when you just depends on luck only. But when it come to trading, there is few factors that you could calculate before you trade X coin  Smiley
There are situations where we will be in need of luck to complete our trades profitable. As per your statement in those situations trading just turns gambling for sure. But luck alone will not decide profits in trading whereas in gambling luck is the prime factor.

Trading is not gambling still trading has some characteristics which are resembling gambling at some times.


Yea, but it is not pure gambling, right? That is the point! I just do not like to put my money (not the free one) into something that depends on luck only  Smiley

No offense, this is just my opinion  Smiley
legendary
Activity: 910
Merit: 1000
January 22, 2017, 10:14:06 PM
#57
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?
As you said on trading there are method for making prediction analysis technical and analysis fundamental and they can be learned also on trading we can do cut lost,
it is different with gambling i don't see about method for analysis on gambling and i can not do cut lost on gambling if i am wrong on gambling game.

I am sure that there are people that think there are certain methods that they can use to raise their chances of winning, but at the end, it only works as long as you win. It's not for nothing that casinos are banking from all the money/coins that people have lost throughout the years. Sure, a very small minority will walk out with profits, but the far majority of the people are just regretting they ever jumped into gambling. And the small minority that I was talking about that walk out with profits, they at some point too will lose everything if they not stop gambling entirely.
Well the small minority that walk out with profits is gambling poker owners,
they doesn't need method for making analysis on gambling poker.
they just need manage the website, promotion of website and they have profits on every playing poker
it is good strategy for making profit from gambling business. Cheesy
hero member
Activity: 882
Merit: 500
January 22, 2017, 09:13:28 PM
#56
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?
Actually both of them are subjected for the same types of risk but risk of loss of your initial investment in the trading is very less than in gambling because in trading you are doing simply buy/sell according to thinking to get profits but in gambling we only make direct bet to win/loss and the outcome only depends upon the result of the game for which you are betting faith your btc /money .
So here I will trading is much more profitable than gambling .So instead of taking risk for your btc in gambling you should go for trading .
sr. member
Activity: 1190
Merit: 306
January 22, 2017, 09:12:30 PM
#55
You can chop up the salami into as many pieces as you feel is necessary, but trading=gambling.  I don't care what anyone says.

Look at all the traders who work for the banks.  Look at Enron.  They are the worst degenerate gamblers imaginable. You might not be at a casino and you might not be using dice or cards, but you are taking enormous risks when you trade, and you are placing your bet when you open a position.
sr. member
Activity: 350
Merit: 250
January 22, 2017, 09:00:42 PM
#54
For a newbie trader, trading does seem like gambling - until he starts to research and learn from past mistakes.
Then he begins to see that trading requires study and strategy - while gambling equals burning hard-earned cash.
legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
January 22, 2017, 12:06:56 PM
#53
the problem with this question and why we keep seeing it is that because people are too lazy to study. i mean there are limitless resources on the internet, the only thing anyone has to do is to search for
- "trading" or
- "learn how to trade" or
- "basics of trading"
- "trading for beginners"
and after reading some of these resources and spending some hours watching some videos and charts you can understand why trading is not gambling. and that is what nobody can tell you in one comment on the forum.
sr. member
Activity: 672
Merit: 250
January 22, 2017, 11:42:32 AM
#52
Both are completely different in technical analysis because both are into investing only but slightly there is big difference trading is an investment it will completely depend on knowledge and estimates the market importance in order to make profits, but where as gambling is just for fun and entertainment even though it is an investment but here there is no need experience.
Gambling also need to be skilled enough to win on it. In terms of risk, gambling has a bigger risk than trading because market won't go into 0 but you balance in gambling could go into 0 balance. Hence? you can earn quickly from gambling but you are quickly to lose in gambling. Meanwhile, you can gradually earn in trading and you can lose your money gradually too. In gambling, it is not about the patience and right timing, it is a matter of luck.
hero member
Activity: 1190
Merit: 511
January 22, 2017, 10:18:58 AM
#51
Well, the definition of trading is not gambling, therefore you need to do what is required to have a successful trading. You are gambling if you are not making necessary thing that are required in trading, educating yourself is very important, you have to know first what asset are you trading and you study well to have a better analysis.
Indeed. However, in my opinion, gambling without knowledge can be considered as gambling because when you do this kind of job but you do not have any skill, you can easily lose all of your money. Trading is only different from gambling if traders know how to develop themselves and learn new techniques as well as new knowledge
The trading and gambling both requires right analysis, strategy and focus, actually, successful traders and gamblers are typically highly skilled and spend years before they become proficient. Gambling is more on luck while in trading it is  always depends on the market flow but they are both risky in terms of returns.
hero member
Activity: 518
Merit: 500
January 22, 2017, 07:22:49 AM
#50
Well, the definition of trading is not gambling, therefore you need to do what is required to have a successful trading. You are gambling if you are not making necessary things that are required in trading, educating yourself is very important, you have to know first what asset are you trading and you study well to have a better analysis.
Indeed. However, in my opinion, gambling without knowledge can be considered as gambling because when you do this kind of job but you do not have any skill, you can easily lose all of your money. Trading is only different from gambling if traders know how to develop themselves and learn new techniques as well as new knowledge
hero member
Activity: 1148
Merit: 502
Leading Crypto Sports Betting & Casino Platform
January 22, 2017, 07:18:31 AM
#49
Both are completely different in technical analysis because both are into investing only but slightly there is big difference trading is an investment it will completely depend on knowledge and estimates the market importance in order to make profits, but where as gambling is just for fun and entertainment even though it is an investment but here there is no need experience.
hero member
Activity: 3038
Merit: 647
January 22, 2017, 07:16:04 AM
#48
Well, the definition of trading is not gambling, therefore you need to do what is required to have a successful trading. You are gambling if you are not making necessary things that are required in trading, educating yourself is very important, you have to know first what asset are you trading and you study well to have a better analysis.
legendary
Activity: 2170
Merit: 1427
January 22, 2017, 06:31:11 AM
#47
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?
As you said on trading there are method for making prediction analysis technical and analysis fundamental and they can be learned also on trading we can do cut lost,
it is different with gambling i don't see about method for analysis on gambling and i can not do cut lost on gambling if i am wrong on gambling game.

I am sure that there are people that think there are certain methods that they can use to raise their chances of winning, but at the end, it only works as long as you win. It's not for nothing that casinos are banking from all the money/coins that people have lost throughout the years. Sure, a very small minority will walk out with profits, but the far majority of the people are just regretting they ever jumped into gambling. And the small minority that I was talking about that walk out with profits, they at some point too will lose everything if they not stop gambling entirely.
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