Trading vs Gambling - page 17. | Bitcointalksearch.org

rickadone

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Quote from: samputin on October 06, 2017, 09:40:27 AM

Quote from: fullypak on July 21, 2016, 10:52:18 PM

Quote from: es2thekay on July 21, 2016, 10:44:05 PM

both can be really profitable but also can make you lose a lot, gambling will ruin you faster tho

I don't think both are always profitable. If you gamble for longer time then mostly you will end up losing money to casinos and if anyone try to do day trading then mostly they also will lose all money. But if you're doing trading for longer time frame then one can make some decent profits.

Yeah correct, the longer you gamble the greater the money you lost. But the longer you trade the greater the money you earn and greater the chance that there is no risk.. because i believe in gambling you will win but i am sure thats only on the first but in the end all your winnings on the beginning will loose together with your all money.. while in trading, yes at the first it is hard, doubtable and too risky to loss money but if you continue it and study all the possible strategy in the end you gain a winnings.

Gambling is a useless activity which takes away all the money with time. It is like burning your hard earnings with your own hands. What I care about is not exactly money, it is the time, the time that a person can use to become a rich happy person is wasted in playing gambling. Trading is a respected profession and all the traders are at least not ruining their lives.

8Habits

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Quote from: Carmen01 on October 07, 2017, 07:48:56 AM

Both are risky but i go for trading because you can invest for long term to earn and its sure profit but in gambling you need a long process to be expert me i earn in gambling but not big like my earnings in trading so i go for trading but i like also gambling

I agree that you can make really good money with trading cryptocurrencies. This is the current trend among traders and when you are like the professional traders who always honing their trading knowledge and skills, then you are up for a big treat when trading altcoins with bitcoin.

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Both are risky but i go for trading because you can invest for long term to earn and its sure profit but in gambling you need a long process to be expert me i earn in gambling but not big like my earnings in trading so i go for trading but i like also gambling

chris200x9

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Quote from: pratik009 on October 06, 2017, 11:29:51 PM

Trading and gambling both are risky...but I choose trading in trading vs gambling..
Because in trading more chance for profit than the gambling...and it's also depend on your skills and luck.
Both are risky but the more risk you take; the more profit you got..its my motto.

The more risk you take you may get more profit but also there is a high chance that you may lose as well. So until you learn trading basics and experienced in trading shouldn't go for day trading to earn money faster. I never do a day trading but always buy and keep the coins until I reach my target. Definitely, trading is much better than gambling.

azguard

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Trading and gambling are similar in that they both attempt to create a capital gain, over a relatively short period of time.
Successful traders and gamblers are typically highly skilled and spend years becoming proficient. Success often means a steady regular income and not a one-time jackpot event. (This is something that i read in several lines online they all suggest that better is safe and slow rather then fast and harsh).

Both trading and gambling have seen the development of numerous mathematical techniques in order to increase their chances of success. On this I mean many bots that help you trading and many scripts that helps you betting.

pratik009

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Trading and gambling both are risky...but I choose trading in trading vs gambling..
Because in trading more chance for profit than the gambling...and it's also depend on your skills and luck.
Both are risky but the more risk you take; the more profit you got..its my motto.

samputin

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Quote from: fullypak on July 21, 2016, 10:52:18 PM

Quote from: es2thekay on July 21, 2016, 10:44:05 PM

both can be really profitable but also can make you lose a lot, gambling will ruin you faster tho

I don't think both are always profitable. If you gamble for longer time then mostly you will end up losing money to casinos and if anyone try to do day trading then mostly they also will lose all money. But if you're doing trading for longer time frame then one can make some decent profits.

Yeah correct, the longer you gamble the greater the money you lost. But the longer you trade the greater the money you earn and greater the chance that there is no risk.. because i believe in gambling you will win but i am sure thats only on the first but in the end all your winnings on the beginning will loose together with your all money.. while in trading, yes at the first it is hard, doubtable and too risky to loss money but if you continue it and study all the possible strategy in the end you gain a winnings.

bhadz

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Quote from: CaesarCipher on October 03, 2017, 09:37:24 AM

The fact is that gambling and trading have so much in common that it is difficult to differentiate between the two.

The successful gambler and the professional trader will both use a combination of education and experience with correct money & risk management to make profitable trades / wagers.

It really comes down to a question of semantics.

They have similarity and common in terms of the risk but gambling is much high in risk. You mentioned about professionalism on gambling and trading, education is needed and they'll be sure to apply those things they have learned and experience on their career. And if others are thinking to compare gambling and trading, we don't have to do it both has it's own beauty and disadvantages.

azguard

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Quote from: 8Habits on October 04, 2017, 10:05:23 AM

Quote from: Oilacris on October 03, 2017, 09:46:13 AM

Quote from: JL421 on October 03, 2017, 09:27:18 AM

Quote from: FasTroy on September 22, 2017, 05:46:12 PM

Quote from: JL421 on September 22, 2017, 04:50:34 PM

i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling

Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading.

i agree but getting skills in trading is not so hard you need to spend the required time you can't simply go check a coin and buy it you should have some basic common sense also and this involves money even if you spend hours and are able to make profit what's wrong in this gambling is simply luck which many people don't have

When it comes into trading you wont really get the way to be profitable specially on our first time or a total noob. Time and experience would really vary on here this is why the more time we do engage on trading the more we are molded to be a better trader which would potentially gain the skill as the time goes by which you can use for a lifetime.Gambling is just really dependent on pure luck.

that is so true that experience will really mold us into a good trader. Unless we don't learn in every trades that we have made. There is a saying amongst traders that in trading, we either win or learn. That is why it is really ok to have some losing trades during early stages of our trading path and we need to learn from it so that we can't do the same mistake in future trades.

This is correct even inexperienced traders can lose all the money they invest, or coin that they try to get profit. Trading is consider more like an art, you need to know the knowledge and need to see signs when how and how many to buy or sell in specific moment. While gambling can be divided in games related and then to safe clean and risky bets.

At the end it all end up with how much you can earn or get.

8Habits

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Quote from: Oilacris on October 03, 2017, 09:46:13 AM

Quote from: JL421 on October 03, 2017, 09:27:18 AM

Quote from: FasTroy on September 22, 2017, 05:46:12 PM

Quote from: JL421 on September 22, 2017, 04:50:34 PM

i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling

Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading.

i agree but getting skills in trading is not so hard you need to spend the required time you can't simply go check a coin and buy it you should have some basic common sense also and this involves money even if you spend hours and are able to make profit what's wrong in this gambling is simply luck which many people don't have

When it comes into trading you wont really get the way to be profitable specially on our first time or a total noob. Time and experience would really vary on here this is why the more time we do engage on trading the more we are molded to be a better trader which would potentially gain the skill as the time goes by which you can use for a lifetime.Gambling is just really dependent on pure luck.

that is so true that experience will really mold us into a good trader. Unless we don't learn in every trades that we have made. There is a saying amongst traders that in trading, we either win or learn. That is why it is really ok to have some losing trades during early stages of our trading path and we need to learn from it so that we can't do the same mistake in future trades.

Oilacris

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Quote from: JL421 on October 03, 2017, 09:27:18 AM

Quote from: FasTroy on September 22, 2017, 05:46:12 PM

Quote from: JL421 on September 22, 2017, 04:50:34 PM

i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling

Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading.

i agree but getting skills in trading is not so hard you need to spend the required time you can't simply go check a coin and buy it you should have some basic common sense also and this involves money even if you spend hours and are able to make profit what's wrong in this gambling is simply luck which many people don't have

When it comes into trading you wont really get the way to be profitable specially on our first time or a total noob. Time and experience would really vary on here this is why the more time we do engage on trading the more we are molded to be a better trader which would potentially gain the skill as the time goes by which you can use for a lifetime.Gambling is just really dependent on pure luck.

CaesarCipher

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The fact is that gambling and trading have so much in common that it is difficult to differentiate between the two.

The successful gambler and the professional trader will both use a combination of education and experience with correct money & risk management to make profitable trades / wagers.

It really comes down to a question of semantics.

JL421

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Quote from: FasTroy on September 22, 2017, 05:46:12 PM

Quote from: JL421 on September 22, 2017, 04:50:34 PM

i would say gambling few months back but as i started trading becauss of too many losses with gambling i now find trading more profitable and more easier than gambling in starting i used to panic when price well but slowly understood how the markets work and now make better money than i make from gambling

Trading is very good domain, It's more better than gambling for me, because when we talk about gambling we talk more about luck and not experience and skills, but in Trading we need an experience and knowledge about altcoins and the markets moves, So I think that Trading is a very good choice comapred to gambling, but we should learn how we can trades first, because without learning we can also lose a lot with trading.

i agree but getting skills in trading is not so hard you need to spend the required time you can't simply go check a coin and buy it you should have some basic common sense also and this involves money even if you spend hours and are able to make profit what's wrong in this gambling is simply luck which many people don't have

Osarman

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Quote from: KEPLER99 on September 29, 2017, 10:44:49 AM

Quote from: MinerHQ on September 22, 2017, 10:20:49 PM

Quote from: bleachX on September 22, 2017, 11:22:10 AM

But occasional trading also annoying, because if has floating minus long enough. So must be patient waiting to make profit even for only 5%. While in gambling, it looks so easy to reach 5%. but just sometimes.

That just sometimes is the key factor in gambling. It looks easy but you're not sure whether you can reach that 5% target or not in gambling. But in trading, if you do some research before investing than you will get a chance to reach that 5% profit range but it may take some time to reach your target profit. Money making always takes time and there are not instant options to earn profits without risking your money.

Trading is much better than gambling in all prospects. First of all, it is not that much risky. A person can earn good profits if he uses little brain. You only need to understand the changing market and sell out at high prices while buy when the asset is cheap. Gambling is just a luck game.

Not only this, one of them is a well respected profession while other is a bad reputed game. I myself am a gambler and trader as well.

I know a rare combo but I don't gamble very often and it is with my colleagues only at time but when I tell someone new about my gambling habit, a very heart breaking expression appears on their faces and when I reveal about trading, I see respect in their eyes.

8Habits

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Quote from: megynacuna on October 02, 2017, 03:29:36 PM

Quote from: 8Habits on October 02, 2017, 02:05:45 PM

Quote from: BossMacko on October 01, 2017, 02:46:08 AM

Trading is my main way to make profit in Bitcoin. There are many opportunities in trading as long as you know what you are doing. I also gamble but i only gamble extra money from my profit in trading, I only gamble for fun and leisure.

It is really so nice seeing people that have made it to success with trading cryptocurrencies. I am not really much of good at it at the moment but I am really in the process of becoming one to constant trading practic. Although I have good earnings from time to time, still I don't consider myself as a good cryptocurrency trader.

well you don't necessarily have to be an expert in trading forex or commodities before you trade in crypto-currencies as you can merely buy some bitcoins and save in your wallet and expect to grow it in the long term without having any trading experience.

I agree with you. But I am referring here about bitcoin as a leveling field for everyone because even an ordinary guy can have it and can earn it with convenience. Unlike forex where you need some identification, bank account, and all of those requirements, in bitcoin, zero requirements as long as you have a bitcoin wallet and some coins in there, you can literally start within few minutes after creating an account to exchanges.

megynacuna

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Quote from: 8Habits on October 02, 2017, 02:05:45 PM

Quote from: BossMacko on October 01, 2017, 02:46:08 AM

Trading is my main way to make profit in Bitcoin. There are many opportunities in trading as long as you know what you are doing. I also gamble but i only gamble extra money from my profit in trading, I only gamble for fun and leisure.

It is really so nice seeing people that have made it to success with trading cryptocurrencies. I am not really much of good at it at the moment but I am really in the process of becoming one to constant trading practic. Although I have good earnings from time to time, still I don't consider myself as a good cryptocurrency trader.

well you don't necessarily have to be an expert in trading forex or commodities before you trade in crypto-currencies as you can merely buy some bitcoins and save in your wallet and expect to grow it in the long term without having any trading experience.

8Habits

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Quote from: BossMacko on October 01, 2017, 02:46:08 AM

Trading is my main way to make profit in Bitcoin. There are many opportunities in trading as long as you know what you are doing. I also gamble but i only gamble extra money from my profit in trading, I only gamble for fun and leisure.

It is really so nice seeing people that have made it to success with trading cryptocurrencies. I am not really much of good at it at the moment but I am really in the process of becoming one to constant trading practic. Although I have good earnings from time to time, still I don't consider myself as a good cryptocurrency trader.

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Trade with a reasonable approach does not bring such losses as gambling, but if not analyzed, it will be the same as gambling. It all depends on the approach to trading.

BossMacko

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Trading is my main way to make profit in Bitcoin. There are many opportunities in trading as long as you know what you are doing. I also gamble but i only gamble extra money from my profit in trading, I only gamble for fun and leisure.

Caladonian

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Quote from: 8Habits on September 30, 2017, 11:23:51 PM

Quote from: Dannaey on September 29, 2017, 01:40:23 PM

Gambling has a fixed odds system for all major games. Trading in the markets is truly unpredictable. Trading and Gambling are quite different. To benefit from both you must increase your odds in order to win.

With gambling, there is a house edge advantage. Although sometimes, when you get so lucky, you will going to win and if you cash out right away, then you truly wins that gambling session. However, if you keep on playing the house edge advantage might be playing against you. With trading, you are finding ways to make it sure that you are buying in the low and will be selling on the high price based on fundamental and technical skills.

advantage is your keen to learn if your passion is to do trading and you are willing to research and find your advantage then trading is better to multiply your earnings while in gambling its a game of chance where you will always depend with your luck even you are really familiar with the games chances to lose are still there.

Topic: Trading vs Gambling - page 17. (Read 24534 times)