Topic: Outside risk: similarities between gambling and trading? - page 6. (Read 897 times)
I don't compare the gambling with trading there are lots of difference between them when comes to trading it will always work only with your your your hard work and smart work but in gambling is not like that you need to make trust and confidence with it if it was successful it all about your luck only.
I think the similarities between gambling and trading is we can get lose in anytime. We could risk the same things, but we have a chance to make a profit from trading. In my experience, gambling is riskier and danger than trading because in gambling, we don't know when we are lucky, and we can lose all money if we cannot manage and make a limit on every bet.
The main difference I think between the two is that Gambling is purely a fun activity while trading is professional activity. I don't think risk is right factor to differentiate between the two. Trading is as much risky as gambling is when it comes to crypto trading. Cryptocurrencies can fluctuate at higher degrees from small-small news and rumors. That make them very vulnerable investment. Until and unless huge inflow of capital comes to Crypto Market, crypto trading is nothing less than gambling.
It's Interesting you say gambling is fun for you. Some people think it is not fun because it involves investments and rewards.
As regards the part concerning huge flow of capital, I don't think this is necessarily true. Day traders don't really need the huge flow of capital to trade successfully . They earn reasonably from the regular up and down price movements.
I think the similarities between gambling and trading is we can get lose in anytime. We could risk the same things, but we have a chance to make a profit from trading. In my experience, gambling is riskier and danger than trading because in gambling, we don't know when we are lucky, and we can lose all money if we cannot manage and make a limit on every bet.
The main difference I think between the two is that Gambling is purely a fun activity while trading is professional activity. I don't think risk is right factor to differentiate between the two. Trading is as much risky as gambling is when it comes to crypto trading. Cryptocurrencies can fluctuate at higher degrees from small-small news and rumors. That make them very vulnerable investment. Until and unless huge inflow of capital comes to Crypto Market, crypto trading is nothing less than gambling.
I think the similarities between gambling and trading is we can get lose in anytime. We could risk the same things, but we have a chance to make a profit from trading. In my experience, gambling is riskier and danger than trading because in gambling, we don't know when we are lucky, and we can lose all money if we cannot manage and make a limit on every bet.
Both gambling and trading can be a way to make a big profit because when we are winning in the games, or we can sell at a high price, then it means we are making a profit. But many of us are too greedy in gambling and trading and make us get to lose the money. That is what we need to learn so we can prevent the big lose.
Both gambling and trading can be a way to make a big profit because when we are winning in the games, or we can sell at a high price, then it means we are making a profit. But many of us are too greedy in gambling and trading and make us get to lose the money. That is what we need to learn so we can prevent the big lose.
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading. For those that have been doing trading and gambling what did you notice as a similar among the two and through experience how much have you made from the both?
Based on my experience being with both trading and gambling, you can be able to gain an earning with both way but on different manner. Upon doing trading, you can earn based on the movement in the price market once you have put the desirable amount in any crypto currency that you wanted to trade off. It is just a waiting game until someone will get into the price you have set and then you can earn your money then. Upon doing gambling, the possibility of earning is based on your luck but it is really fun unlike trading because in gambling, you do have a chance to have fun on playing gambling games and test your luck to win the rewards which will enable you to earn from it. That is what I have basically experienced upon getting engage into the best crypto casino which is the Vegas casino wherein I do exercise the usage of my crypto specially Bitcoin because it accepts Bitcoin deposits to enjoy their variety of games like roulette, poker, slots and more as well as enjoying their great deals of bonuses for doing my deposits into it.
May i come this way, that similarities between gambling and trading are far apart from each other; gambling is a game of chance but trading is a game of skills even though is not 100% sure but without skills it amount to zero. The gain from gambling is much pretty high compare to that of trading which can come in bits or daily with an average percentage of 1-3%.
They aren't in any way similar. Gambling is mostly based on luck while trading is somewhat predictable. I could decide to trade today and be sure of making money that day. This isn't the case for gambling
not all gambling are based on luck because some are actually based on skills but they arent predictable because a loosing situation can can sometimes turn the tides and can make an epic comeback . trading on the other hand is not predictable because many factors can affect the price . some traders based on the charts and on other reference but why they still failed to make a good profit ? i do both trade and gamble . thats why i know how it feels .
Interesting. I didn't know this. I am new to gambling by the way. I have always thought it was a game of probability. Could you please show what kind of the gambling requires skill? I honestly never liked stuff I have no control over.
They aren't in any way similar. Gambling is mostly based on luck while trading is somewhat predictable. I could decide to trade today and be sure of making money that day. This isn't the case for gambling
But there same as well in the case of trading,we can't make anu assurance that we can make profits today because the prices are completely unpredictable.It will go upwards one day and completely downwards for few weeks so it is also need luck to be profitable. 
Even though gambling is so fast when it comes gaining quick profits because there's a tends that we will end up lossing capital suddenly because of being unpredictable.
This is just a myth and an universal truth at a same time. Gaining quick profits will never be possible in gambling but it is possible in trading and both in gambling and trading, we may lose in sudden. I mean the risk of losing is same in both gambling and trading. In terms of predictability, trading gets more votes against gambling hence trading becomes the favorite one for many people including you.Even though there are many similarities between gambling and trading, we cannot engage into one by having experience in another one. But, many people are not understanding this fact and doing trading with the experience of gambling and then biting the dust.
I believe studying the similarities between trading and gambling is good only for theoretical purpose only. Because, this kind of discussion should not help people to trade like how they are gambling as it will double their risk. But, I believe we may gamble like we do trading.
Actually tading and gambling are very similar because they are both profitable and risky. But for me in my opinon if i will choose both when it comes making profits. probably i prefer trading because it's so easy to predict and less risk than gambling . Even though gambling is so fast when it comes gaining quick profits because there's a tends that we will end up lossing capital suddenly because of being unpredictable.
I strongly believe that gambling is more risky as compared to trading forex and crypto currency in my opinion. Although it is more easy for one make high return if you are lucky in gambling as compared to trading which simply means the higher the risk the tendency for one to make more money.
It is better to get luck in crypto trading more and more than in the gambling because we are not going to see the luck will come to us in many times in gambling game. But in the crypto trading, we can see the luck will come to us in many times since we have so many coins that can give us the profit. But still, we need to have skills in trading so we can make that profit and if necessary, we could learn from many resources to help us to increase our skills.
I Think risk and reward are the two similarities between gambling and forex, stocks and cryptocurrencies trading.
In addition, not only gambling and trading are the same because we can also considered hodling crypto or even establishing a business as the same thing. They are all the same in a sense that you are risking your money in a thing you are not sure about. However, few of the stated exmaples are more feasible of gaining profits compare to others — these are doing a business and crypto trading. I believe that it's possible to earn through these because it is more of a strategic gameplay than just lucky-based. So for those investors out there, try first safer ways of earning money, set it as your training field before dealing in riskier ones. 
not all gambling are based on luck because some are actually based on skills but they arent predictable because a loosing situation can can sometimes turn the tides and can make an epic comeback . trading on the other hand is not predictable because many factors can affect the price .
Both trading and gambling are unpredictable and only up to some levels our skills are penetrable beyond that levels, we need to depend on our lack to favor us, nothing else could help us there. Both in gambling and trading, if our luck favors then we could fish on anywhere. Still in trading, your skills may push your luck to favor you whereas gambling is not having such room for maximizing chances for your luck to favor you.some traders based on the charts and on other reference but why they still failed to make a good profit ? i do both trade and gamble . thats why i know how it feels .
Even you are having all the experience and skill about trading, losses could not be avoided in a highly volatile markets. Because, market is influenced by 1000s of factors and no one could analyze all those factors to safe guard their trading assets. This must be the reason why some people do consider trading and gambling are same things to approach. They aren't in any way similar. Gambling is mostly based on luck while trading is somewhat predictable. I could decide to trade today and be sure of making money that day. This isn't the case for gambling
not all gambling are based on luck because some are actually based on skills but they arent predictable because a loosing situation can can sometimes turn the tides and can make an epic comeback . trading on the other hand is not predictable because many factors can affect the price . some traders based on the charts and on other reference but why they still failed to make a good profit ? i do both trade and gamble . thats why i know how it feels .
They aren't in any way similar. Gambling is mostly based on luck while trading is somewhat predictable. I could decide to trade today and be sure of making money that day. This isn't the case for gambling
I strongly believe that gambling is more risky as compared to trading forex and crypto currency in my opinion. Although it is more easy for one make high return if you are lucky in gambling as compared to trading which simply means the higher the risk the tendency for one to make more money.
The similarities of both are just the risk but the chances in trading to gain profit is higher than gambling. Gambling is about of your luck and skills in a certain games but trading is different, you don't need luck on this to know how to gain the profit. Once you have the knowledge, patience and skills, you are doing good in it as long as you gain a profit.
I have seen a similarity between gambling and trading was both the huge money making way but in gambling it will not be predictable by us and in trading it can be predictable a little more but a person will definitely need an interest for doing both these things.
The similarities of both are just the risk but the chances in trading to gain profit is higher than gambling. Gambling is about of your luck and skills in a certain games but trading is different, you don't need luck on this to know how to gain the profit. Once you have the knowledge, patience and skills, you are doing good in it as long as you gain a profit.
I find the risk with gambling higher than that of the risk one experience with trading. While getting into gambling we need to be prepared enough to loss, and should spend the one that will never affect our living at any instance, because the loss experienced is forever. With trading when market fluctuates we get an earning according to the variation. If it moves forward profiting takes place based on our holding. The same when falls low, we get loss reflected on the holdings.
I've wanted to post a similar topic, both comparing gambling, and trading. It's evident that both have risks and those risks are the ones that were going to let you get a profit or get a loss. That's the gist of it. If we're talking about trading, we will see that we need to predict the correct time of the price, whether going up or down (if we're talking about margin trading) or bet that we are going to be in a bull run (spot trading). For gambling, you would either go high or low, if you're playing on dice. That's the similarity for me. The risk that you are willing to take plus the amount you can get with the amount you are risking.
I think if you are going to choose between the two, it's better to select both because they are both in different areas. More chances of profiting with the right conditioning.
I think if you are going to choose between the two, it's better to select both because they are both in different areas. More chances of profiting with the right conditioning.
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