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Topic: Trader or Gamblers. - page 25. (Read 2401 times)

sr. member
Activity: 546
Merit: 255
April 25, 2018, 11:13:43 AM
Trading can also be considered as gambling in a way if you don't have enough knowledge or skills about it. Trading coin blindly without doing some technical analysis is a good example of gambling your coin other than literally spending it on gambling sites. On the contrary, if you have the capabilities to analyze the market and you know the do's and dont's then you would probably succeed in trading. In my case, I prefer trading over gambling.
full member
Activity: 406
Merit: 100
April 25, 2018, 09:56:17 AM
In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.
I agree with you we are free to choose where to invest but it is our duty to research first if the coin where we invest has good potential in the future. i can say you are a trader if you know where to invest your coin and you are a gambler if you are buying coin with out knowing its fundamentals.
newbie
Activity: 84
Merit: 0
April 25, 2018, 09:16:34 AM
Many people like to play. Someone chooses roulette, and someone chooses the stock market or the cryptocurrency market.
member
Activity: 406
Merit: 36
April 25, 2018, 09:11:28 AM
trust me trading is better than gambling

in gambling the site owner is always win (maybe my fault too, iam noob at gambling)
i ever win like 1 eth but lose more than 2 eth pffft

even when u dont know about trading
just bought good coin/token then invest for long term that better than gambling
experience will lead u to success
Far better indeed and I still tend to ask myself why a lot of people always consider trading and gambling to be on the same level, then I remembered that in trading, some people are actually always gambling since they have no knowledge or strategy to even pull of a successful trade unless they just end up getting lucky. Trading is a profession and people who are not ready to see it as such and also ready to learn will never be better than a gambler.
full member
Activity: 255
Merit: 100
April 25, 2018, 08:08:09 AM
In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.

of course I prefer to trade rather than gambling because when you play gambling you get a very big sin and not only that money you have can run out without being able to perform asset recovery, in contrast to cryptocurrency that is clearly more secure and money that you have will not disappear even not even a sin if you just apply the sale and purchase only.
Yeah thats truth but trading is also like gambling because if you do trade you will need to plan what coin will you buy are these coin will pump or dump in Gambling you have a chance to loss or win same with trading right? If you buy coins and dump you will loss money and Gambling if you have no luck you will loss money too. So that is just same.
full member
Activity: 560
Merit: 105
April 25, 2018, 07:55:38 AM
In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.

of course I prefer to trade rather than gambling because when you play gambling you get a very big sin and not only that money you have can run out without being able to perform asset recovery, in contrast to cryptocurrency that is clearly more secure and money that you have will not disappear even not even a sin if you just apply the sale and purchase only.
legendary
Activity: 2170
Merit: 1427
April 25, 2018, 07:44:21 AM
It would be better if we compare trading with other investments instead of gambling. The gambling is a very risky and tough as compared to trading is some else and gambling is something else. Trading is a very good opportunity for those who are with less money and want to use in business then trading is a good suggestion for them.
Gambling is a term that one can bend in various way to make it fit in certain comparisons, and trading is one of them. In general, trading, regardless of how heavily you apply technical analysis, is based on guessing and luck. It's basically; I buy at X price and hope the market does what I think it will be doing, so I can sell at Y price. It's a gamble, but one that won't make you lose your entire trade value, unless you are involved in options or extremely leveraged trades. Trading is only viable if you are aware of the risks and don't see it as something you do for fun, which is something a lot people here tend to see it as. The fun part will be over quickly once you start losing money due to your wrong attitude towards trading.

On the other hand gambling is a very risky game.
Actual gambling as in playing blackjack, sports betting, dice and whatnot, isn't even part of the discussion.
sr. member
Activity: 700
Merit: 250
April 25, 2018, 07:30:10 AM
High profit could be high risk, but that isn't a stupid concept that you will just continue risking a lot to get a high profit. That is a common misconception that traders thought that they will get more gains if they risked a large amount of their capital. It is our consciousness that makes us think that we should go for it and risk it in order for us to get higher returns.  I had traded quite a while, and risks becomes a scary story when you don't know how your trades will end up. Satisfaction is a feeling though if you got any sense of gain in your trades in the way that it makes you greedy, but that is where trap is planted though.
Trading is best against gambling. It would be better if we compare trading with other investments instead of gambling. The gambling is a very risky and tough as compared to trading is some else and gambling is something else. Trading is a very good opportunity for those who are with less money and want to use in business then trading is a good suggestion for them. On the other hand gambling is a very risky game.
You lose more and more than 90% of us can not be the winners in this game. I think you should learn how to trade because this is a way for you to make a profit every day, but if the trading loses you will lose less money, not everything. Best advice across gambling because it will make you take away the fast money
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
April 25, 2018, 07:18:40 AM
In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.

As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.
Yes, everyone wants to become rich quickly. But that is a wrong thought to be corrected.
I think we should think about how we will become a valuable person instead of how rich ourselves. Because money can make you a bad person at any time.
I do not think the trade is gambling. It's based on your experience in investing.
legendary
Activity: 1554
Merit: 1054
April 25, 2018, 06:23:18 AM
if I choose the traders, because trading is sure to earn you. you're not like gambler is 50/50 your money. so if. you would probably be in that trade. thanks ..
Trading should only be compared to gambling when you are indeed gambling. A lot of people do that since they do not have what it takes to trade. If you do not have knowledge of trading, you will never have any strategy and as long as you do not have strategy, then you definitely are gambling which is nothing different from the real world gambling in casinos. Nevertheless, with a lot of skills and knowledge to trade, it becomes a profession and in that case, you are going to be making more money in the long run. On the other hand, gamblers could not enjoy such an advantage with their gambling activities and even for those traders who are treating their trading similar to gambling.
full member
Activity: 336
Merit: 101
April 25, 2018, 06:09:22 AM
High profit could be high risk, but that isn't a stupid concept that you will just continue risking a lot to get a high profit. That is a common misconception that traders thought that they will get more gains if they risked a large amount of their capital. It is our consciousness that makes us think that we should go for it and risk it in order for us to get higher returns.  I had traded quite a while, and risks becomes a scary story when you don't know how your trades will end up. Satisfaction is a feeling though if you got any sense of gain in your trades in the way that it makes you greedy, but that is where trap is planted though.
Trading is best against gambling. It would be better if we compare trading with other investments instead of gambling. The gambling is a very risky and tough as compared to trading is some else and gambling is something else. Trading is a very good opportunity for those who are with less money and want to use in business then trading is a good suggestion for them. On the other hand gambling is a very risky game.
full member
Activity: 518
Merit: 103
April 24, 2018, 09:51:39 AM
I would prefer trading over bitcoin,  since I know a lot of people at casino, and they also promote e-games, they do sometimes rig the machine in order for one player to win, then they will all share the winnings, I just do not know about gambling bitcoins, if they do the same, because if the casinos today managed to do it, there is a higher possibility when it comes to gambling with bitcoins, since most of us who are into crypto currency knows a thing or two on how beat the system, thus the reason why some exchanges are being hacked, but I still go for trading, it is much secured, and it is less likely to be manipulated, except for the price of coins, once a whale is active.
full member
Activity: 406
Merit: 110
April 24, 2018, 09:47:16 AM
There is not a single person out there who goes into trading with the thought "I should lose at this" which makes your original statement obviously true. What isn't spoken about though is the effort given by all the market participants. It is fair then once you consider both factors that only a handful of individuals win at this, because only a handful of individuals put in the time and effort that is required to win.

The problem with your last statement is that "time and effort" is not exactly a recipe (because there is none) for earning money with trading.

Sure you can learn TA or charting or whatever all those trading tools are but in the end, crypto is highly volatile and one false piece of news can screw you or your trading patterns. This is why trading is like gambling.
full member
Activity: 476
Merit: 100
April 24, 2018, 09:43:04 AM
I would rather prefer of course trading. Even you are a newbie you can start there while studying about it. Then you can start at small amount of capital in buying in the platform I think at least 0.005BTC Tha's a good start anyway, in kucoin, Bittrex, Binance, coinbene and others.
member
Activity: 116
Merit: 10
April 24, 2018, 09:12:47 AM
In the crypto world I prefer to be a trader rather than a gambler because the trader is the same as trading. Which one we buy coin when the price is cheap (according to our estimates) and sell it when the price is high or when the profit from the coins we buy it is considered enough by us. Besides gambling is something that is prohibited according to my religion and according to my own state regulations.
legendary
Activity: 2674
Merit: 1048
April 24, 2018, 09:03:02 AM
As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
Same with gambling, the greatest enemy is yourself, only you will decide between losing and winning.

Well, you will decide which to choose. Trading and gambling are different, I mean have the same way but have different functions. Trading will make you think about the benefits because it can be used as a source of income. While gambling, just as a place to have fun, cannot be used as a source of income. I'm not sure if there is someone who claims that gambling is a source of income for his life.

Therefore, I argue gambling and trading have the same way but different functions. So I'll answer your question I will choose to trade to be a source of income, while gambling, I will make a place to find pleasure only. The intensity of trading than gambling in my life more often I use for trading. Because trading will support my life in the future, I'm not too focused to gamble only about twice a week I go to site dice.
member
Activity: 378
Merit: 10
April 24, 2018, 08:24:27 AM
I do  choose trading because the risk is low than gambling. There are some people want to earn money fast and easy so they will use casino and some site that they can play and gambling there money hoping to win but they always lose there money in gambling. I dont play gambling so i will stick to trade only.

Most of the people will choose to trade because they know potential how they can make money through trading if they have trading skills. Gambling is a completely different path to make money but very risky, few people will choose to gamble they want to make quick money. So they will choose gambling but major importance which i prefer is trading only.
member
Activity: 266
Merit: 10
BITCOIN TRADER 2016
April 24, 2018, 08:13:53 AM
both of them need luck but you should know if you have some tricks, information you still can win both of them.

Agree with that both of them are need luck but gambling is more risky than than trading. Actualy trading is like a gambling too and the only defirent with them is in gambling you have fucos your time and you have to play in real time you unlike trading you can hold your tokens for a long term and you can earn or lose without playing your money.
member
Activity: 756
Merit: 16
We All Can Make It
April 24, 2018, 03:32:45 AM
When I started trading, I felt like an expert when I was profiting but when I started making losses on my Alts; I did not stop loss and I lost over 70% of my holding.
Since then I learnt my lesson, learn to accept loss and move on to other better Alts. You can't be right all the time, I am not a Gambler but a poor Trader.
full member
Activity: 201
Merit: 100
Decentralized Ascending Auctions on Blockchain
April 24, 2018, 02:45:25 AM
both of them need luck but you should know if you have some tricks, information you still can win both of them.
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