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Topic: Trader or Gamblers. - page 29. (Read 2431 times)

member
Activity: 155
Merit: 16
April 20, 2018, 01:21:33 AM
#50
Trading is not really gambling at all.  Gambling is usually something like a 50/50 chance most of the time, and that's nothing better than a coin flip.  You can mitigate your risk significantly by whatever trade strategy you employ, and thus nearly negate the risk entirely.  However, that being said, there are no guarantees here.  You can trade with lower risk than just gambling in a casino, but that doesn't mean something bad could happen to the project you invest in, causing you to lose everything.  You could say it's gambling, but I'd have to disagree personally.  Gambling is random chance, and just by trading intelligently you can usually come out ahead.  Just don't ever be too greedy. 
hero member
Activity: 1148
Merit: 504
April 20, 2018, 01:05:01 AM
#49
I prefer trading because gambling is something in which returns are not assured so you cannot predict what kind of amount you will have at the end. In trading you can predict the possibilities of trends and build and apply your strategies, this is a more scientific method to earn profits. On the other hand, gambling is not even allowed by some countries including mine so we have only one option to go with trading.
In other words trading depends not only on luck alone to be able to earn profits. there are several aspects or things to do to determine a prediction. if in most of the gambling you just rely on luck alone to make choices and predictions. but unlike trading there is a special calculation and strategy. that's why the risk will be greater in gambling than trading. I think gambling is just for fun brate..
hero member
Activity: 3010
Merit: 629
April 20, 2018, 12:54:08 AM
#48
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.
Agree its a common mindset of people who are eager to earn instantly, they take the risk without even thinking if its the right decision/time to let go or sell their coins. Trading using your emotion is not a good character if you're a trader because sometimes this is the cause of panic selling or temptation to not go as planned.

In trading you gamble to earn but that does not mean you are just relying in luck because it still depends how you deal with it depending in the market condition.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
April 19, 2018, 02:24:00 PM
#47
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.

Actually, you are right here in the trading arena you need to fight with yourself, your emotions, your sills, your confidence, your belief. Actually, the trading market is unstructured and we have the habit to deal with the things which are structured in nature and here the market is unstructured in nature and so to trade successfully in this market you need to make some structured plans and only traders can do this plan and plan their trade respectively which the gamblers can't do it.You just need to change your mindset and approach in order to be a trader and you must think like a trader and not like a gambler.
full member
Activity: 602
Merit: 111
April 19, 2018, 02:03:04 PM
#46
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 we are the one facing the market so the success or failure is in our hands,we can't just make money in trading through our lucks we need skills also to stay in this field so that is the point differenctiate the trading and gambling.But in trading wr can't make enough money as like in holding because we just buy and sell and repeat then finally have nothing so better to hold than do trading.
jr. member
Activity: 185
Merit: 3
April 19, 2018, 01:54:14 PM
#45
Gambling within trading is like the extension of each. You trade and you gamble that you didn't lose the opportunity to gain even higher, well for at least the greed doesn't eat you that much. It is much greater to trade than to just base your game in the roll of the dice. In trading you can control the minds of the buyer whenever you sell in such fair price in the market. Gambling feels so satisfying at its succession but really panicking when you didn't get the dice.
member
Activity: 199
Merit: 10
Now You Can Be The Bookmaker!
April 19, 2018, 12:20:53 PM
#44
I think trade is the only one I think. Your skills are needed to trade and you are confident about yourself.
jr. member
Activity: 266
Merit: 1
April 19, 2018, 12:12:55 PM
#43
Gambling and trading are same, there is using assets and can be to losses, of course strategy is important
for me gambling is quite interesting but I prefer trading with low risk
hero member
Activity: 1190
Merit: 534
April 19, 2018, 11:55:53 AM
#42
I prefer trading because gambling is something in which returns are not assured so you cannot predict what kind of amount you will have at the end. In trading you can predict the possibilities of trends and build and apply your strategies, this is a more scientific method to earn profits. On the other hand, gambling is not even allowed by some countries including mine so we have only one option to go with trading.
sr. member
Activity: 882
Merit: 269
April 19, 2018, 01:10:57 AM
#41
This might be the reason why we should becareful about trading and those that really make money are the professional traders and skillful investors. like op has said "you are the one making the decision" since you are the one making decisions you should take advantage of management your risk by investing wisely as you did not have control over the markets.
legendary
Activity: 2674
Merit: 1048
April 19, 2018, 12:51:17 AM
#40
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.
The main factor for earning income is ourselves. Yes, you are right, all decision depends on us. We can profit because we are patient, take a chance and not greedy. We can lose because we are in a hurry, just rely on others and greedy. That is the success factor we di cryptocurrency.

For me, trading and gambling in cryptocurrency have in common. The volatility price is the dice that will come out depending on what we bet on. The difference is only in capital and luck, in gambling if we bet and we fail then our money will be discharged directly. Likewise with trading, if we rely on greed, then the fate will be the same as when losing a bet in gambling. Trading and gambling, both will shape us.
full member
Activity: 235
Merit: 100
April 19, 2018, 12:35:28 AM
#39
for me i would like to becoming a trader, being a trader for me has a wide range of capability on how to earn money, there you can study the flow of the market, there are guidelines, on how you can increase your gain, or profit.. unlike to gambling its based on luck.. if you are lucky at that day then you could gain a huge amount of money.. but if not, you lose everything that you had
hero member
Activity: 1274
Merit: 516
April 18, 2018, 11:26:43 PM
#38
I agree that greed and lack of knowledge can make us losing a lot of money in trading, in fact the only difference between gambling and trading is the data for speculate, in trading we got indicator and data to help us to see whether the price will go up or down, it's not that easy to press down the greed, but if we must ablento control it, if we are losing with our greed then whatever we do, we will failed
jr. member
Activity: 40
Merit: 2
April 18, 2018, 10:51:14 PM
#37
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 will update my reply for this post later.
Lips sealed great
sr. member
Activity: 364
Merit: 256
April 18, 2018, 10:25:27 PM
#36
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.

You are actually right. In trading you must have strong mind in order for you to win. Oftenly people rely on their emotions or instinct in terms in trading but they forget that having a strong mind is also is important because some people that who had lost when digital crypto currency fell into a blood bath, a lot of people were panicked because of this situation and they had a emotional break down because they lose a profit.

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.

Some people has to taking the risks just to get into the easy money procedure even they might know or not that it might them to lead into loss profit. But I'm not saying that all the people, but just few of them.


jr. member
Activity: 42
Merit: 3
April 18, 2018, 10:24:38 PM
#35
Many gambling people think they are trading. Only when they lose it they realize that they are gambling.
For most people, the difference between gambling and trading is very vague. Why can you not be frank and admit that some of your tradings are actually gambling?
The more you can recognize that you are gambling, the more you can recognize that sometimes you are trading.
sr. member
Activity: 1400
Merit: 269
April 18, 2018, 08:59:40 PM
#34
There are big difference between trader and gamblers. Trading is you can analyze the price by reading some candle pattern, price movement, charts and news update. o you can calculate when is the best to buy and sell that enables to make profit. Gambling is pure probability that is completely random with no technical analysis and you just depend on luck.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
April 18, 2018, 07:17:35 PM
#33
In the widest sense every investment is a kind of gambling. You are risking your funds for profit but without any certainty that you will get it.
But in fact trading and gambling are not the same. I would say that trading is a virtue that takes a lot of time, knowledge and expertise if you want to be successful. With gambling I would say that you are depending on pure luck. But the problem is that many traders have the approach to trading like to gambling and they end completely burned out, disappointed and without money.
hero member
Activity: 1426
Merit: 506
April 18, 2018, 06:27:22 PM
#32
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.
Actually what are you trying to say here, are you telling that people are gambling with their investment in this market because it is not regulated or you think that the scammers are lurking to get hold of your coins ? either way if you know what you are doing and you have done the security measures needed, there is nothing to worry.
legendary
Activity: 1526
Merit: 1001
April 18, 2018, 06:11:08 PM
#31
if I own a better trade because the risk is also not too heavy and does not violate the rules of religion and law. but if the risk stakes big enough because it violates the rules of religion and law and can be in jail also if the police caught
Trading does have many advantages compared with gambling. I would be much more preferable to trading because it is much more certain than playing gambling that has no certainty. Everyone will have their own way and they will decide what they want to get. Everyone has a strategy and they have to account for what they do.
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