Trading vs Gambling - page 22. | Bitcointalksearch.org

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: oHnK on September 10, 2017, 08:04:02 AM

Quote from: 8Habits on September 10, 2017, 05:55:24 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

Yeah. At first, if you're starting only with trading, there's not much of a difference but experience would be the difference maker. The more you trade, the more you'll be efficient in making good predictions since you've been into all different situations already. Unfortunately you xan't say the same about experience when it comes to gambling

oHnK

hero member

Activity: 1414

Merit: 574

Quote from: 8Habits on September 10, 2017, 05:55:24 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

8Habits

sr. member

Activity: 756

Merit: 294

Quote from: erwin45hacked on September 09, 2017, 01:44:37 PM

Quote from: streazight on September 09, 2017, 01:28:55 PM

Quote from: LuanX3 on September 08, 2017, 06:51:26 AM

Gambling is indeed just a game, some people believe that gambling is like investing in fast forward, since in investing there is still that we rely sometimes in luck to profit. But generally the risks in trading is quite different from gambling. In trading you can minimize risks because you can execute some strategy that can do this, however in gambling you cannot change the outcome of a dice roll.

Gambling is not a game at all. Games are based on strategies etc whereas gambling is totally dependent on luck. Indeed trading is risky but hell better than gambling because as you said, we are able to reduce the risk rate in trading by coming up with some good plan or strategy. Gambling sites should be banned.

It totally depends on how you see it. If you have a million dollar to risk for free then you will feel that it is kinda like a game and you dont have to worry about anything at all but if you are afraid of losing money then it is not a game. In the end, it is the same for both trading and gambling however you are going to get profit in trading most likely compared with gambling

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.

erwin45hacked

legendary

Activity: 1064

Merit: 1000

Quote from: streazight on September 09, 2017, 01:28:55 PM

Quote from: LuanX3 on September 08, 2017, 06:51:26 AM

Gambling is indeed just a game, some people believe that gambling is like investing in fast forward, since in investing there is still that we rely sometimes in luck to profit. But generally the risks in trading is quite different from gambling. In trading you can minimize risks because you can execute some strategy that can do this, however in gambling you cannot change the outcome of a dice roll.

Gambling is not a game at all. Games are based on strategies etc whereas gambling is totally dependent on luck. Indeed trading is risky but hell better than gambling because as you said, we are able to reduce the risk rate in trading by coming up with some good plan or strategy. Gambling sites should be banned.

It totally depends on how you see it. If you have a million dollar to risk for free then you will feel that it is kinda like a game and you dont have to worry about anything at all but if you are afraid of losing money then it is not a game. In the end, it is the same for both trading and gambling however you are going to get profit in trading most likely compared with gambling

streazight

hero member

Activity: 910

Merit: 502

Quote from: LuanX3 on September 08, 2017, 06:51:26 AM

Gambling is indeed just a game, some people believe that gambling is like investing in fast forward, since in investing there is still that we rely sometimes in luck to profit. But generally the risks in trading is quite different from gambling. In trading you can minimize risks because you can execute some strategy that can do this, however in gambling you cannot change the outcome of a dice roll.

Gambling is not a game at all. Games are based on strategies etc whereas gambling is totally dependent on luck. Indeed trading is risky but hell better than gambling because as you said, we are able to reduce the risk rate in trading by coming up with some good plan or strategy. Gambling sites should be banned.

PatronRH

full member

Activity: 322

Merit: 100

Quote from: slaz26 on September 04, 2017, 11:36:02 AM

Trading is better than gambling, because you can really use the analysis to get a constant profit. Gambling is used only for entertainment and very rarely to not lose a lot of money.

I am totally disagree with you, trading can't provide a constant profit because with the analyses it depends in infinitely of factors.
While gambling depends only in some statistics and some lucky predictions!

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: MinerHQ on September 08, 2017, 08:32:52 PM

Quote from: a14m on September 08, 2017, 04:36:37 PM

trading is much safer than gambling because you will never lose your all money in worst case you will lose lyk 80% of your investment you can even
left at 20 or 30% so it's safer than gambling but there is no fun Grin

I too agree that you will not lose all your investments in trading but not sure about how much % you can lose. But if you trade with leveraging option then you may lose all your money so never leverage while trading. Always have a stop loss in place to limit your losses otherwise you may lose a lot of money in trading as well. In general, trading is a better option to make money than gambling.

If you dont able to put stop loss then for sure it would potentially wipe up your entire balance this is why we should really set it up everytime specially when we do leave it or if we do have things to do.If you are an active trader then its just fine but having this kind of precautionary actions would really always been suggested and this is the thing what im doing too.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: a14m on September 08, 2017, 04:36:37 PM

trading is much safer than gambling because you will never lose your all money in worst case you will lose lyk 80% of your investment you can even
left at 20 or 30% so it's safer than gambling but there is no fun Grin

I too agree that you will not lose all your investments in trading but not sure about how much % you can lose. But if you trade with leveraging option then you may lose all your money so never leverage while trading. Always have a stop loss in place to limit your losses otherwise you may lose a lot of money in trading as well. In general, trading is a better option to make money than gambling.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: JL421 on September 08, 2017, 06:58:26 PM

Quote from: Fuhre on September 03, 2017, 12:20:37 PM

I choose trading, i think gambling just spent the fiat, Gambling vs trading obviously very different, Trading is a decision-making activity involving many aspects ranging from market research and analysis

Spending fiat on gambling is not a good idea with fiat if we gamble the house edge is really high and the casinos are said to manipulate the result and thus making us most of the time to lose in games against house edge , even if we win we have to fight with the casino to claim our winnings

Whatever you spend we cannot change the fact that gambling is created for entertainment to people but to make the operators profitable.
The house edge is always their because it is the only thing that will make them profitable, they have invested a lot of money in running a casino, of course they will be up for profit and they can make it since they created the rules and they have the edge.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: oHnK on September 02, 2017, 04:37:30 AM

Quote from: boyptc on September 02, 2017, 04:01:23 AM

Quote from: mudra102 on September 02, 2017, 03:34:33 AM

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.

Trading require us to be much more patience and If I have to choose between gambling and trading, then I will choose gambling and investment. I know that this is out of topic but Im sure that this is better option for me. I gamble for fun and make some money from my gambling site investment although it is not much

It does require patience and you must have that attitude and it should be practiced all of the time. There's no off topic when you chose gambling and investment as trading is also a type of investment so it all depends on what type of investment you will choose. You can also invest in some gambling investments like bankroll.

JL421

hero member

Activity: 812

Merit: 510

Quote from: Fuhre on September 03, 2017, 12:20:37 PM

I choose trading, i think gambling just spent the fiat, Gambling vs trading obviously very different, Trading is a decision-making activity involving many aspects ranging from market research and analysis

Spending fiat on gambling is not a good idea with fiat if we gamble the house edge is really high and the casinos are said to manipulate the result and thus making us most of the time to lose in games against house edge , even if we win we have to fight with the casino to claim our winnings

a14m

sr. member

Activity: 307

Merit: 250

trading is much safer than gambling because you will never lose your all money in worst case you will lose lyk 80% of your investment you can even
left at 20 or 30% so it's safer than gambling but there is no fun Grin

Whosdaddy

hero member

Activity: 1148

Merit: 527

Quote from: SportsbookBettor on September 06, 2017, 06:32:28 PM

I will do more trading than gambling, In trading there is only a small risk of losing your investment if you know where to put your money. The growth of our money in trading is depend on the progress of the investment we take. We can diverse all our funds in trading to avoid loses. In gambling, this is a quick money to earn and to lose. We only depend on our luck in gambling and we can win or lose in instant.

That was pretty good speech, I must say. I have never thought this deep. For me, gambling and trading are two different stories. Gambling involves high risk but in trading, things get better with time after occurrence of a market crash. I am afraid waiting for recovery in the world of gambling is stupid.

LuanX3

hero member

Activity: 756

Merit: 505

Quote from: cluit on September 08, 2017, 06:30:59 AM

Quote from: garmerys on September 06, 2017, 04:00:38 AM

Quote from: 8Habits on September 04, 2017, 07:08:42 AM

Quote from: RealPhotoshoper on September 03, 2017, 11:27:04 PM

Quote from: GoodLuck2 on September 03, 2017, 03:51:44 PM

Quote from: BigBos on September 02, 2017, 04:38:41 AM

Quote from: boyptc on September 02, 2017, 04:01:23 AM

Quote from: mudra102 on September 02, 2017, 03:34:33 AM

trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.

well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.

Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.

Actually trading sometimes feel like a game , yeaaa a game of money / game of predicting.
Both is so similar , but basically trading considered as a legitimate one to get a profitable income.
As gambling is -EV , you cannot expect always having profit there.

In trading, as long as you are not doing the margin trading, you are good because you will have the altcoins you bought forever to you and you will only going to profit or lose the time you sell it. So, if the price is down, better not sell it yet and only sell it to the price that you are already profitable.

Trading is much better than gambling. In the trading, there are a little chances of a loss if you are not doing trading at the margin or edge. This is because your altcoins will remain saved up besides as long as the prices are not high enough to deal with them. On the other hand gambling could earn you huge losses only in a matter of seconds.

I also prefer trading over gambling. Gambling is just a game, which most things to earn profits from whereas trading is a source of income. In my opinion, both are poles apart and a comparison between them is just a joke. Trading gives profits and its chances are always high.

Gambling is indeed just a game, some people believe that gambling is like investing in fast forward, since in investing there is still that we rely sometimes in luck to profit. But generally the risks in trading is quite different from gambling. In trading you can minimize risks because you can execute some strategy that can do this, however in gambling you cannot change the outcome of a dice roll.

cluit

legendary

Activity: 1176

Merit: 1016