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Topic: How is trading *not* gambling? - page 6. (Read 23340 times)

sr. member
Activity: 1526
Merit: 420
May 23, 2017, 01:35:39 AM
Trading is a bit different from gambling. Trading can be foreseeable by basing on trends and statistics and chances of profit is high, gambling is just purely game of chance and success rate is very slim.
legendary
Activity: 1190
Merit: 1024
May 22, 2017, 10:27:03 PM
Becuase in trading if you lose it just a paoer lose and also. Why would you sell it if it's in negative?.... Think of it if you know that your a real traders. Well we all have strategy and most of it are not the same. So for me trading is not a gambling, you'll realize it because in gambling your money is in 50/50

You have just revealed the greatest difference between trading and gambling. A loss in a gambling is a complete loss and no recovery is possible. However if you are in trading and your invest coin is at a loss, you still have chance to end up in profit if you do not sell at a loss and wait for the price increase.  Thats why trading is NOT a gambling.
hero member
Activity: 2772
Merit: 634
"CoinPoker.com"
May 21, 2017, 03:37:16 PM
Hard to explain how trading is different from gambling. But here is a thing that just came to my mind, in trading you are all in to make money. But in gambling you do in primarily for fun or entertainment. Making money comes second in gambling. And you can control your losses in trading more than in gambling.
But some people will never agree with this because they are also trying with gambling for profit making. That is the reason they could not find differences between trading and gambling. They are too ignorant to understand the primary purposes of trading and gambling. Gambling is their just another way for easy money.
sr. member
Activity: 406
Merit: 250
May 21, 2017, 02:54:12 PM
trading is risking your money. not all risking money is gambling. we could classify it as investment also. trading is taking profit from the trading stocks that you have bought. so it is up to you if you would like to sell on profit or sell on lose. you must choose between those two.
sr. member
Activity: 645
Merit: 250
May 21, 2017, 01:55:38 PM
Trading is not gambling if you know what you're doing.  It involves technical analysis.  Trading can be a profession. 
hero member
Activity: 924
Merit: 502
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May 21, 2017, 12:36:21 PM
Becuase in trading if you lose it just a paoer lose and also. Why would you sell it if it's in negative?.... Think of it if you know that your a real traders. Well we all have strategy and most of it are not the same. So for me trading is not a gambling, you'll realize it because in gambling your money is in 50/50

It's not really that simple. First you have to work with a reliable coin which most of the time generate minimal profit unless you hold for a long time like btc. It would take research and a lot of reading to be able to select which alt coin you're going to deal with. It becomes a gamble because the coin that you've invested in may not go up to it's potential selling price. Worse, you can be a victim of a scam, thus you'll lose money
sr. member
Activity: 448
Merit: 250
May 21, 2017, 10:44:27 AM
Becuase in trading if you lose it just a paoer lose and also. Why would you sell it if it's in negative?.... Think of it if you know that your a real traders. Well we all have strategy and most of it are not the same. So for me trading is not a gambling, you'll realize it because in gambling your money is in 50/50
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
May 21, 2017, 10:16:43 AM
If we look at the risks it seems like trading and gambling are almost identical, and to minimize losses from trading activities, is there a special ability that must be owned by a trader for?
Because some experiences from friends who sometimes complain of losses in their trades.
Well the rumors stories and your friends history in trading and gambling will not be the same as yours it depends on your ability ,skills and knowledge to get in the point that you will able to win in the history of their badlucks in a particular system . In trading the risk of lossing will be minimize if you learn things and applied it well while basically gambling we can minimize the loss but it is too hard because plenty of tumes it is systemize or being programmed in the system.

well I take it this way. gambling is the easy way to it. you can profit in a very short amount of time by being lucky though you can lose everything in a much shorter time. trading requires a lot of patience that you really don't need in gambling. it also requires a lot of study and research about altcoins and how altcoins move. though in a way, you're still "gambling" with your money because you're hoping for a good result.

Gambling is most risky investment in bitcoin like cloud mining. People being in the gambling site campaign are hyping and supporting the gambling nowdays.
If you have enough money, please invest on trading, this would provide the daily profit without big big risks. We need have escrow in all our trade, this is the only thing we need to do by us.
full member
Activity: 133
Merit: 100
May 21, 2017, 10:08:35 AM
If we look at the risks it seems like trading and gambling are almost identical, and to minimize losses from trading activities, is there a special ability that must be owned by a trader for?
Because some experiences from friends who sometimes complain of losses in their trades.
Well the rumors stories and your friends history in trading and gambling will not be the same as yours it depends on your ability ,skills and knowledge to get in the point that you will able to win in the history of their badlucks in a particular system . In trading the risk of lossing will be minimize if you learn things and applied it well while basically gambling we can minimize the loss but it is too hard because plenty of tumes it is systemize or being programmed in the system.

well I take it this way. gambling is the easy way to it. you can profit in a very short amount of time by being lucky though you can lose everything in a much shorter time. trading requires a lot of patience that you really don't need in gambling. it also requires a lot of study and research about altcoins and how altcoins move. though in a way, you're still "gambling" with your money because you're hoping for a good result.
Of course you can not compare gambling and trading reality. It's two different industries. Of course, if they bring a good enough profit on a par with who then has something to talk about. Although I believe that the traders are more likely to save their deposits, rather than as gambling.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
May 21, 2017, 06:44:40 AM
If we look at the risks it seems like trading and gambling are almost identical, and to minimize losses from trading activities, is there a special ability that must be owned by a trader for?
Because some experiences from friends who sometimes complain of losses in their trades.
Well the rumors stories and your friends history in trading and gambling will not be the same as yours it depends on your ability ,skills and knowledge to get in the point that you will able to win in the history of their badlucks in a particular system . In trading the risk of lossing will be minimize if you learn things and applied it well while basically gambling we can minimize the loss but it is too hard because plenty of tumes it is systemize or being programmed in the system.

well I take it this way. gambling is the easy way to it. you can profit in a very short amount of time by being lucky though you can lose everything in a much shorter time. trading requires a lot of patience that you really don't need in gambling. it also requires a lot of study and research about altcoins and how altcoins move. though in a way, you're still "gambling" with your money because you're hoping for a good result.
hero member
Activity: 854
Merit: 500
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May 20, 2017, 10:37:33 PM
If we look at the risks it seems like trading and gambling are almost identical, and to minimize losses from trading activities, is there a special ability that must be owned by a trader for?
Because some experiences from friends who sometimes complain of losses in their trades.
Well the rumors stories and your friends history in trading and gambling will not be the same as yours it depends on your ability ,skills and knowledge to get in the point that you will able to win in the history of their badlucks in a particular system . In trading the risk of lossing will be minimize if you learn things and applied it well while basically gambling we can minimize the loss but it is too hard because plenty of tumes it is systemize or being programmed in the system.
sr. member
Activity: 504
Merit: 250
May 20, 2017, 10:03:54 PM
If we look at the risks it seems like trading and gambling are almost identical, and to minimize losses from trading activities, is there a special ability that must be owned by a trader for?
Because some experiences from friends who sometimes complain of losses in their trades.
legendary
Activity: 1008
Merit: 1059
May 20, 2017, 09:16:02 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?
Trading is required your skill to predict prices of your choosed crypto currencies or currency but in gambling its need your luck if your are a lucky person you have a big chances of winnings.They are more differences of trading and gambling but this is the summarized of it.
yeah your right, gambling depend how lucky you are, but trading you need to analyze it first to get profit..

What you are telling about gambling is casino and dice game whose profit is based on luck but i think trading is just like sports betting ,where if you do analyse of the market and make report by taking the past history, then surely you will make profit the same way is in sports betting when you do analyse on the team and their past performance then you can make profit. So sports betting and trading are same like both have same risk and profit also. In this both if you do analyse and play then on Long term ROI you will see that you are in good profit.

In a way, they seem to be similar. "Will this team win or not?" "Will this coin pump or not?" The teams in sportsbetting aren't a speculative thing. Sometimes it's obvious who will win and who will not just by looking at their past performances. On the other hand, it's purely speculative in trading. The past is not always the basis of trading. A coin can be pumping last night but it can also be dumping today, unlike for sports people that when you know they are good, then they are good.

Another thing, in sports betting, when you lose, then you lose all of your money. In trading, you can stop having more losses by selling earlier in the dump. Both the loss and gain in trading is varying depending on when you buy and when you sell.
sr. member
Activity: 333
Merit: 250
May 20, 2017, 05:47:07 PM
with trading you ar backup with statistics so you should win like 60%-70% of time. While with pure market gambbling you have almost allays 50% win/loose ratio.
In crypto you are aganist devs/insader info guys/ and other dirty stuff that we can't even imagine so be aware that crypto can wipe you to 0 in no time if you will get on scam coin.
newbie
Activity: 39
Merit: 0
May 20, 2017, 03:57:32 PM
It's true. Both are somewhat random but trading is a matter of choosing if bulls are winning or bears.
full member
Activity: 350
Merit: 100
May 20, 2017, 03:49:26 PM
It depends on what you mean by gambling.

There are some games like poker and blackjack that you can apply skill and strategy and lower your risk of losing.

Vice versa trading can be like gambling if you don't use skill and strategy to lower your risk.
You understand that his name is Naira and so trade can cause dependence and therefore one can find special features of which equate gambling and trade, one by one.
newbie
Activity: 39
Merit: 0
May 20, 2017, 12:55:10 PM
It depends on what you mean by gambling.

There are some games like poker and blackjack that you can apply skill and strategy and lower your risk of losing.

Vice versa trading can be like gambling if you don't use skill and strategy to lower your risk.
full member
Activity: 187
Merit: 100
May 20, 2017, 11:51:05 AM
And really to my father I also think that trade is not a gamble, although definitely Aspect of excitement is present both in gambling and trade. Many Many users trade Bitcoin not only for the sake of profit And even for the fact that it brings them great pleasure
sr. member
Activity: 336
Merit: 252
May 20, 2017, 11:42:12 AM
Trading is gambling if you are newbie  Grin
I like your opinions, i hope you did not kidding  Grin because usually the new peoples who started trading altcoins (it is me)
when buy the altcoins depend on the lucky (hope it will be the price going up),
but the old traders they open buy or sell depend on the strategy, rules of trading that gives good profit every activity of trading
so they are always make good money from trading.
You should never depend on luck. Always do your research and trade coins you trust. It's not very hard. If you invest in a good established coin when it's in a dip you're almost guaranteed profits in the long run.
But when people go for trading by depending on their luck, they are failing to find the differences between trading and gambling. When people are not ready to spend their time for research and analysis for trading calls purposes, approaching trading in a way how they are gambling. So, the results also will be having no differences from what they do get from gambling.

Trading is in no way a gambling. But if people are approaching trading similar to gambling then there will be no difference between trading and gambling because trading may turn into gambling at any time as per our approaches.
Yes but then people are basically asking for losses so in that case there is no-one else to blame but themselves. But even trading without knowing what you can do is better than gambling. There is always a chance a coin might go up in the future.
sr. member
Activity: 938
Merit: 256
May 20, 2017, 11:25:07 AM
I think it's almost same between trading and gambling both have a risk of loss but of course both have significant differences. Especially in terms of implementation if trading may require accuracy in analyzing market prices and quite once do the activity in opening an order between buying and selling, while gambling may indeed not need analysis in its activities and tend to be done many times and very vulnerable to it emotional
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