How is trading *not* gambling? - page 24.

densuj

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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?

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.

BitcoinPanther

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Quote from: bitbunnny on January 20, 2017, 12:09:45 PM

In a way trading is gambling but only in part related to luck because you need that too and like gambling it's also risky. But when you trade you use some knowledge and skills, obey some rules, your are part of serious business. Gambling is just fun, the game where you always expect to win but nothing realy depends on you and you can't influence anything and that is not case in trading.

I think it is not luck that give you a profit in trading. It is your full research and understanding of market. Even if the price is going down, expert traders can still get profit from it even if he gets his stock higher than the current price. He make use of the fluctuation of the price to earn him a profit. And that is so very different in gambling.

TastyChillySauce00

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Quote from: Qunenin on January 21, 2017, 11:23:50 AM

I have read many threads like this. But after all, in my view, trading and gambling only same on one point and that is both are risky, Its mean our money on the risk. But personally both have many differences because gambling is a game, and it make because people make fun from gambling and trading is a type of business.

Even if you are opening a new business, investing, reselling goods, and any other business will risking your money but it's not considered as a gambling. Everything in this world which can give you a profit or at least make you earning money also having the risk, even if you are working for a company as an employee. Saying trading the same as gambling because of having the risk is really dumb honestly.

coinplus

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Quote from: falala69 on January 21, 2017, 12:33:11 PM

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

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.

Exoskeleton

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Trading Coins>Trading Stocks(or hedge/mutual funds)>Sports Betting(done right)>Holding Your Money>Table Games(played right)>ScratchTickets/Lotto>PullTabs>"Investing" In Multi-Level Marketing Ect.>Burning Your Money

Gambling? You got it in spades. More ways to lose than win though. Be careful and you should win, but only a small amount that equals your risk.

FasTroy

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There is a difference between gambling and trading.
Gambling is always about luck, It's true if you can say there is skills in gambling also experience, but if you are not lucky you can lose if your predections is good. I don't talk about Pro gambler.
If we talk about trading, It's about 90% skills and 10% luck. But i know that trading is not considering like gambling because it's based from skills. If you would be a good trader you should get a good experience and skills, not a luck.
Anyways this is my review about difference between gambling and trading.

falala69

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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

Qunenin

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I have read many threads like this. But after all, in my view, trading and gambling only same on one point and that is both are risky, Its mean our money on the risk. But personally both have many differences because gambling is a game, and it make because people make fun from gambling and trading is a type of business.

crairezx20

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Quote from: PacePay on January 21, 2017, 10:49:02 AM

I do not believe that trading is a type of gambling because in trade a person do not depend on luck and do not lose the control to his money when put in trade. But when he put his money in gambling then he lose the control on that money and then depend one luck that what will happen next. So there is a good difference in trade and gambling.

You got the point and gambling is just kind of a game that you will lose your money if you play there's no guarantee that you can get back all f your loses except if you win.. unlike in trading that if the price of altcoin or bitcoin are getting low you can be still sell them and recover your lose..
Also if the price is increase there is possibility that you can gain more profit than in gambling..

PacePay

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I do not believe that trading is a type of gambling because in trade a person do not depend on luck and do not lose the control to his money when put in trade. But when he put his money in gambling then he lose the control on that money and then depend one luck that what will happen next. So there is a good difference in trade and gambling.

marcoman22

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Gambling is where you set a particular amount for bet and you cannot change it whether you achieve it or not. But trading is where you can change your decisions upon market situations. Gambling is where you gain profit or loose your total investment based on your luck.But trading is a legit option where you gain or loose depending on your trading techniques and decisions.Altcoin trading is highly volatile when compared to USD/Bitcoin trading.

xuan87

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even though it is almost the same but it has a different, in gambling you really depend on luck to win the game, while in trading you need knowledge and skill to predict the price movement, so it is more predictable, when you trade only based on your instinct that is the same with gambling

bitcoin31

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There is a big differences between trading to gambling . Gambling you need to bet your money by playing on it the chances of winning is very low but if your lucky you win sometimes your money 2× or more but it is very risky to play it. Trading is buying an altcoin with the cheap price and then wait the price to increase and then sell it. Trading is a less risky from me. Its give a profit and I cashout bitcoin because of trading. Trading and gambling have strategies and many tips given its your hand how to handle it if you want to follow its your choice.

The_prodigy

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Trading is a career that you can be proud of, it requires never ending observation, learning and passion. Its not a game(for me).
Gambling is something some can be proud of but mostly not. Also, gambling is some sort of entertainment, they can be similar in some ways too but is completely different.

warwar

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Quote from: iram3130 on January 21, 2017, 07:44:13 AM

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

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Quote from: ReLieD on January 21, 2017, 08:03:15 AM

Trading and Gambling are very different.
In gambling you have to risk your amount , where as in trading you can
make profits according to the offer you get . And there is no risk involved in that.
If a person tries to scam you , there are moderators who will look after them.
So you need not worry.

You didnt get the point here because the word "trading" that is being mentioned here is about trading crypto or forex and not on trading your stuffs to someone.Little bit off-topic here mate thats why you should read it carefuly before commenting about this matter.Back to topic trading is really like gambling because you will need to risk your money to get money but the advantage here is that you could use your knowledge in able to increase your winning chance.

ReLieD

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Trading and Gambling are very different.
In gambling you have to risk your amount , where as in trading you can
make profits according to the offer you get . And there is no risk involved in that.
If a person tries to scam you , there are moderators who will look after them.
So you need not worry.

iram3130

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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.

daringdiscovered

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Trading is not gambling if you mean the ways to earn profit from it. In gambling you always need luck to gain profit. And you can't always win in gambling, there is always the house where they will prevent you to win more if you aready won some big amounts. While in trading, luck is very optional because there are many ways you can base your trading like graph or some analysis from what i here from expert traders. If you have good knowledge in trading, you can always earn profit from it without relying on your luck.

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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?

That's almost same if you not use analyze first, otherwise if you use at least one analyze, for example fundamental, you in trading.
If you use random action, actually it's not really count as gambling, considering the platform and system.

Topic: How is trading *not* gambling? - page 24. (Read 23342 times)

Topic: How is trading not gambling? - page 24. (Read 23342 times)