Is trading gambling in another form? - page 2.

dunfida

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Quote from: hashrateproducts on September 27, 2022, 01:30:53 PM

Quote from: ItsCrafty on September 27, 2022, 10:32:41 AM

Gambling and trading vary considerably, and I agree that a professional should start focusing on trade rather than gambling. The truth is that when you gamble, all you can do is wish to gain, however when you trade, you have to pick a strong-based coin that will inevitably pump and benefit you. On the basis of the earnings they offer, there is actually a significant distinction.

Gambling and trading are both anticipated for Profits and I'm fully into trading after having a big loss in gambling. They are both risky and one thing I know for sure is that gambling is more like an addiction, same thing to trading. Moreover trading required one to have a necessary compound skills in other to observe the market while gambling is just mere guessing and choosing for the big odds which are equivalent to gigantic profits. Trading coins pumps, profits suits in but if the coin dumps, you lose depending on your margin. While gambling, choosing small odds brings in small profits but with big odds, big profits are on the way.

There's really difference in numbers if we do pertain about on how much we had risks and how much we had bet on.There are lots of similarities but totally different on the application of analysis that had been done.

This is what makes trading is totally different with gambling, but hey its never been the same in terms of risk and how its been done.Trading would turn out to be a pure gamble if you dont apply analysis on it.

Gambling is simply guessing on what would be the outcome but somehow there are games or particular bets which do really still require out that analysis like in sports and card games.

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Quote from: blockman on September 26, 2022, 05:52:47 AM

Quote from: CryptocurencyKing on September 25, 2022, 07:06:26 PM

Businesses and investing is you actually gambling with loses. I am not in any way saying that trading or investments is a gamble instead, I am saying, there is always a risk of lose when ever your trying to make profit on an investment or business.
Depending on your know how or how well, you are going to either profit or lose but, there will always be a difference as to what magnitude and how frequent you do this.
That's what makes the most difference in all else, you can't really shy away from being met by loses. It's not how the system of profiting making works!

Yes, that's the essential comparison of trading, gambling and investments, we're talking about it with the risks that they all have.
And they're not different for having it because they all do require to have risk and there's no risk free when there's a chance to gain money. The principle is what differs and everyone can have their own explanation towards the comparison of these ways of making money aside from gambling itself.

Calculating the risk and reward ratio is a big dale, it is not going to be that easy. Let's realize that it is not going to be easy for people to end up with this kind of risk and then get away with a big reward most of the time. Imagine you are gambling, you wager 1% chance to win for a 100x return, that means out of 100 tries, you will only win once on average, which could mean you could win it on your first try, or you could with in on your 185th try as well and lose money because of that.

Hence, same goes with investment as well, the bigger the risk you are taking, the bigger the reward but the lower the chance of earning something. People see bigger risk and feel hyped about it but lower chance of earning is a better word for it.

hashrateproducts

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Quote from: ItsCrafty on September 27, 2022, 10:32:41 AM

Gambling and trading vary considerably, and I agree that a professional should start focusing on trade rather than gambling. The truth is that when you gamble, all you can do is wish to gain, however when you trade, you have to pick a strong-based coin that will inevitably pump and benefit you. On the basis of the earnings they offer, there is actually a significant distinction.

Gambling and trading are both anticipated for Profits and I'm fully into trading after having a big loss in gambling. They are both risky and one thing I know for sure is that gambling is more like an addiction, same thing to trading. Moreover trading required one to have a necessary compound skills in other to observe the market while gambling is just mere guessing and choosing for the big odds which are equivalent to gigantic profits. Trading coins pumps, profits suits in but if the coin dumps, you lose depending on your margin. While gambling, choosing small odds brings in small profits but with big odds, big profits are on the way.

Dabs

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Gambling is pure chance.

There are several different types of trading:

1. Buy and Hold. Long term traders who are actually more investors. They buy and hold it for a few months to a few years.
2. Day trading. Short term. They buy and sell within a few days. Not very often in the same day.
3. Scalping. Usually forex, but now we them in crypto. They buy or sell within minutes or even seconds.

The traders do all sorts of technical analysis and where you see all those charts with drawings.

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Gambling and trading vary considerably, and I agree that a professional should start focusing on trade rather than gambling. The truth is that when you gamble, all you can do is wish to gain, however when you trade, you have to pick a strong-based coin that will inevitably pump and benefit you. On the basis of the earnings they offer, there is actually a significant distinction.

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Quote from: deathcode on September 26, 2022, 10:22:28 AM

Quote from: BuNga_cute on September 25, 2022, 11:55:49 PM

Quote from: blockman on September 25, 2022, 05:49:20 PM

Quote from: rendravolt on September 25, 2022, 03:57:18 PM

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.

Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

What you say is enough to explain that trading is not gambling, no matter how great our trading skills are, it is impossible to trade without losing at all.
But what distinguishes trading from gambling, we can minimize the losses we experience when trading with an effective strategy. Very different
from gambling which does rely on our luck to be able to profit, so it is very possible when gambling we lose until all our capital runs out.
Therefore, gambling cannot be used as a source of income, while trading can be used as a main job if we really can generate profits which are greater
than the losses we experience. That is why professional traders who trade as a main job still suffer losses. Because in trading it is impossible
to avoid losses, there can only be minimize losses.

Not all gambling relies solely on luck. If you like sports betting, I think you will see the odds that result from 2 teams competing. together we must do research and gather information on what we will choose. in trading, it must be the same. Before planning, of course, there are tools used to make an analysis.
if what is being compared is sports betting, it looks the same, doesn't it?
maybe different if the comparison is a slot, dice, or card game.

It cannot be said that trading is another form of gambling, but gambling also has many types, including those where you need to have skill and experience to win rather than rely entirely on luck.
For me, gambling and trading aside from their differences, there are also similarities. If you trade without knowledge then you are gambling, if you gamble with skills and experience that help you to win and give you good profits then that is also considered a business.

Also, in many countries trading is considered legal and good business but gambling is illegal and you are a criminal if you organize gambling or engage in other forms of gambling. Therefore, it is impossible to say that they are the same, but that depends on each person's perspective.

deathcode

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Quote from: BuNga_cute on September 25, 2022, 11:55:49 PM

Quote from: blockman on September 25, 2022, 05:49:20 PM

Quote from: rendravolt on September 25, 2022, 03:57:18 PM

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.

Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

What you say is enough to explain that trading is not gambling, no matter how great our trading skills are, it is impossible to trade without losing at all.
But what distinguishes trading from gambling, we can minimize the losses we experience when trading with an effective strategy. Very different
from gambling which does rely on our luck to be able to profit, so it is very possible when gambling we lose until all our capital runs out.
Therefore, gambling cannot be used as a source of income, while trading can be used as a main job if we really can generate profits which are greater
than the losses we experience. That is why professional traders who trade as a main job still suffer losses. Because in trading it is impossible
to avoid losses, there can only be minimize losses.

Not all gambling relies solely on luck. If you like sports betting, I think you will see the odds that result from 2 teams competing. together we must do research and gather information on what we will choose. in trading, it must be the same. Before planning, of course, there are tools used to make an analysis.
if what is being compared is sports betting, it looks the same, doesn't it?
maybe different if the comparison is a slot, dice, or card game.

blockman

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Quote from: CryptocurencyKing on September 25, 2022, 07:06:26 PM

Quote from: blockman on September 25, 2022, 05:49:20 PM

Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

Businesses and investing is you actually gambling with loses. I am not in any way saying that trading or investments is a gamble instead, I am saying, there is always a risk of lose when ever your trying to make profit on an investment or business.
Depending on your know how or how well, you are going to either profit or lose but, there will always be a difference as to what magnitude and how frequent you do this.
That's what makes the most difference in all else, you can't really shy away from being met by loses. It's not how the system of profiting making works!

Yes, that's the essential comparison of trading, gambling and investments, we're talking about it with the risks that they all have.
And they're not different for having it because they all do require to have risk and there's no risk free when there's a chance to gain money. The principle is what differs and everyone can have their own explanation towards the comparison of these ways of making money aside from gambling itself.

iv4n

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Quote from: Eureka_07 on September 25, 2022, 09:12:43 AM

Quote from: fuguebtc on September 25, 2022, 07:56:42 AM

There are gambling games that most of the time does not rely on luck, in which as like what you have said requires some knowledge and skills. One of these games is I believe a widely known game worldwide, Poker.

Sometimes trading is also being connected with gambling since you are taking risk. But these two are really different from each other despite of them being seemingly alike.

Well, poker is not so good example here, but betting on sports is! Poker is a live game, you need some different kinds of skills than for trading and sports betting. Following some team is similar to following a coin/token, you need to know the team, their weaknesses, and what they can do... then you add other teams and you have pairs, simply you need good research if you wish to make a good trade or to find some good pick in sports betting. And by the definition, if you invest in something to get more you are gambling, because there's no 101% safe investment, and you always can count your chances of winning and losing.

BuNga_cute

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Quote from: blockman on September 25, 2022, 05:49:20 PM

Quote from: rendravolt on September 25, 2022, 03:57:18 PM

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.

Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

What you say is enough to explain that trading is not gambling, no matter how great our trading skills are, it is impossible to trade without losing at all.
But what distinguishes trading from gambling, we can minimize the losses we experience when trading with an effective strategy. Very different
from gambling which does rely on our luck to be able to profit, so it is very possible when gambling we lose until all our capital runs out.
Therefore, gambling cannot be used as a source of income, while trading can be used as a main job if we really can generate profits which are greater
than the losses we experience. That is why professional traders who trade as a main job still suffer losses. Because in trading it is impossible
to avoid losses, there can only be minimize losses.

CryptocurencyKing

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Quote from: blockman on September 25, 2022, 05:49:20 PM

Quote from: rendravolt on September 25, 2022, 03:57:18 PM

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.

Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

Businesses and investing is you actually gambling with loses. I am not in any way saying that trading or investments is a gamble instead, I am saying, there is always a risk of lose when ever your trying to make profit on an investment or business.
Depending on your know how or how well, you are going to either profit or lose but, there will always be a difference as to what magnitude and how frequent you do this.
That's what makes the most difference in all else, you can't really shy away from being met by loses. It's not how the system of profiting making works!

blockman

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Quote from: rendravolt on September 25, 2022, 03:57:18 PM

If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.

Even if you learn and have knowledge in trading, you can't avoid losses. That's a fact that many traders are aware of.
Even if you're the best crypto trader in town having the knowledge, experiences and everything, you can't skip the fact that you'll still have those time that you're going to lose but, having those will minimize it.

rendravolt

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If you really learn about trading with the correct analysis and pattern, it's not gambling. But if you just guess it will go up or down, of course it's gambling. So the thing to note is that you have to learn and get a lot of knowledge about trading in order to avoid losses.

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Quote from: ScamViruS on September 25, 2022, 02:34:11 PM

Quote from: globalpain on September 23, 2022, 12:01:23 PM

on the other hand for traders and ordinary people who do not have the knowledge to trade correctly and only play guesswork of course it is called gambling,
not only trading crypto, trading anything in the real world must also have knowledge, if not you going to play gambling, that's very clear.

Most crypto traders start their trading career without acquiring proper knowledge of trading. They start trading based on guesses hoping for quick profits, but most of the time these activities prove wrong, they lose funds and cannot survive in the market. But gambling is really something else that is different from crypto trading. Once you get addicted to gambling it is difficult to get out of it and even your knowledge is not very effective here. On the other hand, if a trader can gain good knowledge about the market, he can make a lot of profit by trading.

We do all start on being a noob which it would really be that understandable that we would really making out those initial mistakes when we are still a newbie which we do really have those kind of beliefs on mind that

money making or profits would really be that easy on the time we do make out trades,yet this would be your main or common impression once you do saw someone who do make profits but you dont

actually know on what are the challenges and trials which a certain trader do able to pass out before they do become profitable.You would soon realize for yourself that its never been easy.
You would really be requiring lots of trials and errors to have a good grasps on this market or else you wont really be that sustainable.

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Quote from: judaspriest on September 24, 2022, 03:03:00 AM

Quote from: smartaction on September 23, 2022, 12:49:13 PM

Quote from: Outhue on August 25, 2022, 09:22:59 AM

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

Trading is not like gambling . gambling is totally different thing . trading is like a stock business . you can buy and sell a coin or product digitally . here one trader can get profit or loss some. but gambling is a bad Addiction and this is done by betting on something. There are two aspects here. A person will either win and win a sum of money. Otherwise he loses his bet and loses all his funds

Yes I agree with what you said that there is a clear difference between trading and gambling,
gambling is more dominated by luck but for trading it requires knowledge and skills,
Gambling will not make us rich and will only make us lose, sometimes profit

Trading also depend on luck some time. but it is normally depend in knowledge and good skill. and for gambling skill & knowledge also help to win. but must of the time it depend in luck

Gambling can also make someone rich but need a better luck . and trading can make someone rich to poor . it also can happen but we can't say gambling and trading is same. Two are different things and both have risk

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Quote from: globalpain on September 23, 2022, 12:01:23 PM

on the other hand for traders and ordinary people who do not have the knowledge to trade correctly and only play guesswork of course it is called gambling,
not only trading crypto, trading anything in the real world must also have knowledge, if not you going to play gambling, that's very clear.

Most crypto traders start their trading career without acquiring proper knowledge of trading. They start trading based on guesses hoping for quick profits, but most of the time these activities prove wrong, they lose funds and cannot survive in the market. But gambling is really something else that is different from crypto trading. Once you get addicted to gambling it is difficult to get out of it and even your knowledge is not very effective here. On the other hand, if a trader can gain good knowledge about the market, he can make a lot of profit by trading.

BobK71

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Many people consider trading and gambling equal but which is not true at all. Although trading seems like gambling but it always depends on luck but that is not appear in trading. Gambling is much easier than trading. Traders always want to avoid risk whereas a gambler has to gamble with maximum risk. If you think about it like this way you will see a lot of difference. So I don't think that trading and gambling are the same.

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Quote from: Eureka_07 on September 25, 2022, 09:12:43 AM

Quote from: fuguebtc on September 25, 2022, 07:56:42 AM

There are gambling games that most of the time does not rely on luck, in which as like what you have said requires some knowledge and skills. One of these games is I believe a widely known game worldwide, Poker.

Sometimes trading is also being connected with gambling since you are taking risk. But these two are really different from each other despite of them being seemingly alike.

They are situations that complement each other, sometimes you don't necessarily have to think about what they can be in the influence (-) of each area, it's the ability you have in each of them and use them in the objective you pursue.

That applies to any area in which your skills stand out, this comparison (Gambling) is always mentioned but in a negative sense, perhaps for some in the idea that since the results are not coming when trading they look for excuses.

smartaction

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Quote from: Outhue on August 25, 2022, 09:22:59 AM

Gambling is betting something valuable on an uncertainty outcome right? Isn't this the same with Trading?/i mean even pro traders said out of 10 trades you can lose 4 and win 6, is this not a form of gambling? I had this argument with few of my friends that are traders some hours ago and I will like to here from you all what hou think about this.

Trading is not like gambling . gambling is totally different thing . trading is like a stock business . you can buy and sell a coin or product digitally . here one trader can get profit or loss some. but gambling is a bad Addiction and this is done by betting on something. There are two aspects here. A person will either win and win a sum of money. Otherwise he loses his bet and loses all his funds

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Quote from: fuguebtc on September 25, 2022, 07:56:42 AM

There are gambling games that most of the time does not rely on luck, in which as like what you have said requires some knowledge and skills. One of these games is I believe a widely known game worldwide, Poker.

Sometimes trading is also being connected with gambling since you are taking risk. But these two are really different from each other despite of them being seemingly alike.

Topic: Is trading gambling in another form? - page 2. (Read 1401 times)