Trading vs Gambling - page 20. | Bitcointalksearch.org

8Habits

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Quote from: BitcoinPC on September 23, 2017, 11:17:54 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.

You cant compare trading and gambling. Both have advantages and disadvantages and both attract different types of customers. Traders are mostly professional and they trade to earn a living. Gambling is a game which is play by most people in leisure time and it is not necessarily a fixed income for most of the gamblers.

not to mention those successful cryptocurrency traders possess a great deal of patience apart from the trading skills and knowledge in cryptocurrency trading. crypto trading is a different beast from ordinary stocks and forex trading.

BitcoinPC

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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.

You cant compare trading and gambling. Both have advantages and disadvantages and both attract different types of customers. Traders are mostly professional and they trade to earn a living. Gambling is a game which is play by most people in leisure time and it is not necessarily a fixed income for most of the gamblers.

ardentvolcanoes

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Quote from: jamyr on September 23, 2017, 09:37:22 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.

Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer

Indeed mate.. that happened to me once and it really hurts for losing a big amount of money in trading. So now I'm always careful when putting money in trading and same goes with gambling I always make sure that I'm always in control.

jamyr

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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.

Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer

MinerHQ

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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.

BunnyShibe

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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.

in fact most of the people are here choosing as investment, but to me i think it is depending on your experience, because there are so many people who treat gambling their their mean of earning and therefore they have more interest and good experience in gambling and they are also getting a decent amount of money from gambling. but those people who have good experience in trading then trading is the best option for them to invest their money.

FasTroy

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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.

JL421

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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

bleachX

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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.

Chikitita2004

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I would go for trading. I may not be too lucky in trading but atleast i can avoid total loss if i know when to and when not to do the trading. While in gambling it is more frightening to me by just thinking about it.

Text

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Let's say trading is just like gambling but it is based on skill. There is a high chance to make profit by waiting the price to rise and target sell. But in betting, you will lose all your money in a blink of an eye if you are unaware of managing your bankroll properly. So I more preferred doing trades than wasting my coins on gambling.

klf

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Quote from: machinek20 on September 22, 2017, 06:04:25 AM

Quote from: chris200x9 on September 21, 2017, 07:30:52 AM

Quote from: 8Habits on September 21, 2017, 06:16:49 AM

Quote from: zzSunZZ on September 19, 2017, 02:37:24 PM

If you're a lazy man , you will definitely choose gambling. Why? All things you have to do is just checking some teams, head to head history, who got injury bla bla then use all the logic to guessing and if you're lucky ? Easy double money. But with trading, your choose is very important and it's a long term decision.

Wow, make sense.. With the sports betting, I really have no problem with it because it involves some level of skills and not just based on pure luck. That being said, I will for sports betting. But from time to time, I play dice games just to kill some time and have some fun time..

Trading is more of a serious business and you need to check many factors and establish patience as your main virtue.

I also don't have any problem in doing sports betting. i am good at to predicting some games based on my sports knowledge, and i have the capability to win at least 1 game out of 3 guessing. And also I will not choose all sports, which sport I am comfortable and pro only that game i will select to place my bet. Come to the trading as you told it is like a job we have to spend time and invest money and have many things to do to make money in trading.

I think it is easier to do sport betting rather than trading, it is easier to predict the sport result rather than trading, there are too many factors and after deep analysis I still suffered losing money, and when we do sport bet we can have fun watching the games while gambling

You're mixing both and confusing yourself. As you said gambling is for fun and enjoyment, but how you can use it to make money instead you need to spend money for those fun activities. Even in sports betting you can't just win based on team or players past performance and if that is true then by now many sports gambling should have closed, and many gamblers should have become rich. Even in sports betting there are many things which you can't predict, so it is very difficult to make money from it.

Clavulanic

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Quote from: machinek20 on September 22, 2017, 06:04:25 AM

Quote from: chris200x9 on September 21, 2017, 07:30:52 AM

Quote from: 8Habits on September 21, 2017, 06:16:49 AM

Quote from: zzSunZZ on September 19, 2017, 02:37:24 PM

If you're a lazy man , you will definitely choose gambling. Why? All things you have to do is just checking some teams, head to head history, who got injury bla bla then use all the logic to guessing and if you're lucky ? Easy double money. But with trading, your choose is very important and it's a long term decision.

Wow, make sense.. With the sports betting, I really have no problem with it because it involves some level of skills and not just based on pure luck. That being said, I will for sports betting. But from time to time, I play dice games just to kill some time and have some fun time..

Trading is more of a serious business and you need to check many factors and establish patience as your main virtue.

I also don't have any problem in doing sports betting. i am good at to predicting some games based on my sports knowledge, and i have the capability to win at least 1 game out of 3 guessing. And also I will not choose all sports, which sport I am comfortable and pro only that game i will select to place my bet. Come to the trading as you told it is like a job we have to spend time and invest money and have many things to do to make money in trading.

I think it is easier to do sport betting rather than trading, it is easier to predict the sport result rather than trading, there are too many factors and after deep analysis I still suffered losing money, and when we do sport bet we can have fun watching the games while gambling

Actually it's really easier to do compared with trading, but I am sure that trading is much more profitable rather than gambling. In trading some might said they lose money and effort when they seen price dropped and made them panic most of the time, but still they got their asset but not into complete amount. Unlike with gambling scenario, all funds is lost including the investment capital will be gone.

machinek20

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Quote from: chris200x9 on September 21, 2017, 07:30:52 AM

Quote from: 8Habits on September 21, 2017, 06:16:49 AM

Quote from: zzSunZZ on September 19, 2017, 02:37:24 PM

If you're a lazy man , you will definitely choose gambling. Why? All things you have to do is just checking some teams, head to head history, who got injury bla bla then use all the logic to guessing and if you're lucky ? Easy double money. But with trading, your choose is very important and it's a long term decision.

Wow, make sense.. With the sports betting, I really have no problem with it because it involves some level of skills and not just based on pure luck. That being said, I will for sports betting. But from time to time, I play dice games just to kill some time and have some fun time..

Trading is more of a serious business and you need to check many factors and establish patience as your main virtue.

I also don't have any problem in doing sports betting. i am good at to predicting some games based on my sports knowledge, and i have the capability to win at least 1 game out of 3 guessing. And also I will not choose all sports, which sport I am comfortable and pro only that game i will select to place my bet. Come to the trading as you told it is like a job we have to spend time and invest money and have many things to do to make money in trading.

I think it is easier to do sport betting rather than trading, it is easier to predict the sport result rather than trading, there are too many factors and after deep analysis I still suffered losing money, and when we do sport bet we can have fun watching the games while gambling

micleeiu398

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Quote from: oHnK on September 10, 2017, 07:04:02 AM

Quote from: 8Habits on September 10, 2017, 04:55:24 AM

Make sense. With trading, if you don't know what you are doing and you just keep on trading without any plan at all as to when to exit or sell, you are just like gambling. Much more if you are trading money that you can't afford to lose - it would be painful.

We should first make sure that the money we use for gambling or trading is something that we can spend or afford. I still think that we will have better chance to get money in trading than gambling although Im not really a fan of both because I will choose investment if I want to get some money

Gambling and trading both involve a lot of risk, especially the first one so it is a good move to invest only that much amount in both that one can afford to lose. Otherwise, the consequences can prove to be fatal also. Trading is a little better than gambling with respect to risk and profits.

chris200x9

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Quote from: 8Habits on September 21, 2017, 06:16:49 AM

Quote from: zzSunZZ on September 19, 2017, 02:37:24 PM

If you're a lazy man , you will definitely choose gambling. Why? All things you have to do is just checking some teams, head to head history, who got injury bla bla then use all the logic to guessing and if you're lucky ? Easy double money. But with trading, your choose is very important and it's a long term decision.

Wow, make sense.. With the sports betting, I really have no problem with it because it involves some level of skills and not just based on pure luck. That being said, I will for sports betting. But from time to time, I play dice games just to kill some time and have some fun time..

Trading is more of a serious business and you need to check many factors and establish patience as your main virtue.

I also don't have any problem in doing sports betting. i am good at to predicting some games based on my sports knowledge, and i have the capability to win at least 1 game out of 3 guessing. And also I will not choose all sports, which sport I am comfortable and pro only that game i will select to place my bet. Come to the trading as you told it is like a job we have to spend time and invest money and have many things to do to make money in trading.

shintosai

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Quote from: 8Habits on September 21, 2017, 06:16:49 AM

Quote from: zzSunZZ on September 19, 2017, 02:37:24 PM

If you're a lazy man , you will definitely choose gambling. Why? All things you have to do is just checking some teams, head to head history, who got injury bla bla then use all the logic to guessing and if you're lucky ? Easy double money. But with trading, your choose is very important and it's a long term decision.

Wow, make sense.. With the sports betting, I really have no problem with it because it involves some level of skills and not just based on pure luck. That being said, I will for sports betting. But from time to time, I play dice games just to kill some time and have some fun time..

Trading is more of a serious business and you need to check many factors and establish patience as your main virtue.

correct with trading there's alots of things that we needed to consider not just one aspect but those news and updates which is moving around
the exchange, i love trading more than gambling i learned a lots when i do my research.

8Habits

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Quote from: zzSunZZ on September 19, 2017, 02:37:24 PM

If you're a lazy man , you will definitely choose gambling. Why? All things you have to do is just checking some teams, head to head history, who got injury bla bla then use all the logic to guessing and if you're lucky ? Easy double money. But with trading, your choose is very important and it's a long term decision.

Wow, make sense.. With the sports betting, I really have no problem with it because it involves some level of skills and not just based on pure luck. That being said, I will for sports betting. But from time to time, I play dice games just to kill some time and have some fun time..

Trading is more of a serious business and you need to check many factors and establish patience as your main virtue.

youdacapt

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GOD is TRUE

Quote from: zzSunZZ on September 19, 2017, 02:37:24 PM

If you're a lazy man , you will definitely choose gambling. Why? All things you have to do is just checking some teams, head to head history, who got injury bla bla then use all the logic to guessing and if you're lucky ? Easy double money. But with trading, your choose is very important and it's a long term decision.

It's true that the analytical logic in trading is much more complex, but if you have the convenience of fast thinking without having to look at charts, gambling is the best, it does not mean I'm lazy to think, but because I am used to thinking and doing the recovery process quickly. Gambling revenue is much bigger and very balanced with the risks. Afraid? that's no excuse.

zzSunZZ

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If you're a lazy man , you will definitely choose gambling. Why? All things you have to do is just checking some teams, head to head history, who got injury bla bla then use all the logic to guessing and if you're lucky ? Easy double money. But with trading, your choose is very important and it's a long term decision.

Topic: Trading vs Gambling - page 20. (Read 24534 times)