Trading vs Gambling - page 28. | Bitcointalksearch.org

shinchan123

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Quote from: OshiTravin on July 21, 2016, 11:11:52 PM

Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing Tongue

I'm just new here and I haven't tried trading. I've heard that you can earn a lot through trading but I can see risk when trading. I think it requires knowledge, skills, money and time. I've gambled a lot even before I learned about crypto currency.

8Habits

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Quote from: bhadz on August 19, 2017, 04:33:35 AM

Quote from: azguard on August 19, 2017, 03:18:16 AM

Quote from: bhadz on August 18, 2017, 05:24:40 AM

Quote from: kevinn669 on August 17, 2017, 12:06:21 PM

I believe that it is necessary to use both directions if they are of interest to a person, but for trading you need more time and analysis to make a profit, and in gambling you can just enjoy the game.

Both trading and gambling will depend to the person on how he can handle himself. If he's quite good in trading, he must stick with it and if he wants to gamble just for a little. As if he understands that the possible losing in gambling is too high unlike with trading you can focus with other altcoins if you are losing from your current trade.

Control is one of the key factors in both trading and gambling. Think that most made mistake and want to do both things in same time and then made huge mistake in process. Perhaps this is some mine opinion but both have good profit and high risk at the end.

Not only control is the key factors in trading, I will be specific first with trading. Knowledge, strength of your heart, patience and good practice with experience when you trade. And by focusing only on trading and let your gambling ego rest for awhile can do good for you. But as I know our hands are always wanted to take sometime to gamble so try to control.

Trading skill is very crucial - it is not buying anything, close eyes, and hope that the said altcoin you are investing with can grow to its potential price. This is not really the case, we need to learn the product, assess the market, and check the law of demand nd supply

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Quote from: azguard on August 19, 2017, 03:18:16 AM

Quote from: bhadz on August 18, 2017, 05:24:40 AM

Quote from: kevinn669 on August 17, 2017, 12:06:21 PM

I believe that it is necessary to use both directions if they are of interest to a person, but for trading you need more time and analysis to make a profit, and in gambling you can just enjoy the game.

Both trading and gambling will depend to the person on how he can handle himself. If he's quite good in trading, he must stick with it and if he wants to gamble just for a little. As if he understands that the possible losing in gambling is too high unlike with trading you can focus with other altcoins if you are losing from your current trade.

Control is one of the key factors in both trading and gambling. Think that most made mistake and want to do both things in same time and then made huge mistake in process. Perhaps this is some mine opinion but both have good profit and high risk at the end.

Not only control is the key factors in trading, I will be specific first with trading. Knowledge, strength of your heart, patience and good practice with experience when you trade. And by focusing only on trading and let your gambling ego rest for awhile can do good for you. But as I know our hands are always wanted to take sometime to gamble so try to control.

azguard

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Quote from: bhadz on August 18, 2017, 05:24:40 AM

Quote from: kevinn669 on August 17, 2017, 12:06:21 PM

I believe that it is necessary to use both directions if they are of interest to a person, but for trading you need more time and analysis to make a profit, and in gambling you can just enjoy the game.

Both trading and gambling will depend to the person on how he can handle himself. If he's quite good in trading, he must stick with it and if he wants to gamble just for a little. As if he understands that the possible losing in gambling is too high unlike with trading you can focus with other altcoins if you are losing from your current trade.

Control is one of the key factors in both trading and gambling. Think that most made mistake and want to do both things in same time and then made huge mistake in process. Perhaps this is some mine opinion but both have good profit and high risk at the end.

Kevin77

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Quote from: poplolnman on August 18, 2017, 02:30:44 AM

Quote from: JL421 on August 17, 2017, 07:20:52 PM

Quote from: PlanetOfBets on July 18, 2017, 12:09:09 PM

I've been gambling for years, witnessing that I've lost everything a lot of times, I know that trade does not always compensate for small losses.

Why not trade can compensate what makes you say that the next best alternative after gambling is trading over here you need brains luck won't work at all. In gambling luck also doesn't work always but trading if you have good sources and good brains you can easily make good profit

yeah it's makes sense if you expecting to make money through trading rather than through gambling it's a reasonable one indeed. besides trading gives you less risk with a little bigger rewards you can learn it by take a look to those people who successful enough invest their value by trading , pretty different for those people who successful through gambling it's work temporarily only, in the end mostly just get back to zero due the -EV .

I also cast my vote for trading. It is a respectful, admired and working way to get rich. It has risk but anyone with good analyzing skills and curious nature can overcome it. It does not depend upon one's luck rather hard work and patience are the only two factors that decide success in trading. Gambling is luck which may hit you at least once in a life but people get the wrong idea when they win.

bhadz

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Quote from: kevinn669 on August 17, 2017, 12:06:21 PM

I believe that it is necessary to use both directions if they are of interest to a person, but for trading you need more time and analysis to make a profit, and in gambling you can just enjoy the game.

Both trading and gambling will depend to the person on how he can handle himself. If he's quite good in trading, he must stick with it and if he wants to gamble just for a little. As if he understands that the possible losing in gambling is too high unlike with trading you can focus with other altcoins if you are losing from your current trade.

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Quote from: PatronRH on August 17, 2017, 03:28:26 AM

If you're lucky never try trading and enjoy your big profit as a gambler, but if you're not ! you better have to start learning and studying about trading !

That is if you are lucky but i doubt that we can always be lucky in gambling. There will always a down in everything. If you lose in gambling then all you can say is bye bye to your fund.but if the price of your holding in altcoin is decreasing, you can still take advantage of the opportunity and exit with a profit by taking advantage on the fluctuation of your trades.

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Quote from: fullypak on August 17, 2017, 01:49:19 PM

Quote from: kevinn669 on August 17, 2017, 12:06:21 PM

I believe that it is necessary to use both directions if they are of interest to a person, but for trading you need more time and analysis to make a profit, and in gambling you can just enjoy the game.

You spend time in trading you can able to earn money after spending some time. But you can spend n number of time in gambling you will get only fun not gain any knowledge that helps to your life. Trading will improve your skill set as well as it will give profit. Gambling always gives you profit, but rarely you can make a profit. Both have their own qualities.

I agree, in trading we can improve our skills, especially in analysing. We can earn money as well while we are learning and improving our skills, but in gambling we can just get some headache when we are starting losing money. We can get the enjoyment that we wanted at first but when we start losing, there is not fun at all, we can gain profit if we win and if we are lucky enough, but being lucky is not all the time.

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Quote from: el kaka22 on August 18, 2017, 02:52:56 AM

Quote from: kodes88 on August 17, 2017, 08:46:22 AM

Quote from: noormcs5 on August 17, 2017, 06:21:00 AM

Quote from: PatronRH on August 17, 2017, 03:28:26 AM

If you're lucky never try trading and enjoy your big profit as a gambler, but if you're not ! you better have to start learning and studying about trading !

You explain very well, but how we recognize that we are lucky or not?
So better to do both of them, because now bitcoin give us change to do trading and also gambling. But gambling mostly suit for owners of the casinos, because they could earn but as a gamble we face many time lose. Then in this way, trading has another way, where we learn first time and every time we could earn from trading with a less lose.

Yes we will never know whether we are lucky or Not if we do not try it. Therefore we just try both. After a while, we see and feel the results, which one is better for us? If trading, do trading, if Gambling, do gambling.

Let us get a dive a little deeper into this topic. Trading is less risky than gambling. Gambling is a pure luck. Traders do analysis and come up with strategies. Trading has given long term profits to countless people while gambling has proved to be good for very few people.

Trading is a respected profession where you really earn success on the basis of patience, skill and hard work but gambling is an entire different story. Moreover it is time saving to choose the right option than trying out all the options.

Actually there is still a lot of similarities why gambling and trading has always been compared. There are professional gamblers by the way, since you argued that traders are a profession. Trading also relies on luck. Sometimes you buy coins that suddenly pumps because a whale suddenly decided to buy a lot of it. Gambling may use strategies too, if you are playing poker or sports betting, there are plenty of strategies there.

el kaka22

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Quote from: kodes88 on August 17, 2017, 08:46:22 AM

Quote from: noormcs5 on August 17, 2017, 06:21:00 AM

Quote from: PatronRH on August 17, 2017, 03:28:26 AM

If you're lucky never try trading and enjoy your big profit as a gambler, but if you're not ! you better have to start learning and studying about trading !

You explain very well, but how we recognize that we are lucky or not?
So better to do both of them, because now bitcoin give us change to do trading and also gambling. But gambling mostly suit for owners of the casinos, because they could earn but as a gamble we face many time lose. Then in this way, trading has another way, where we learn first time and every time we could earn from trading with a less lose.

Yes we will never know whether we are lucky or Not if we do not try it. Therefore we just try both. After a while, we see and feel the results, which one is better for us? If trading, do trading, if Gambling, do gambling.

Let us get a dive a little deeper into this topic. Trading is less risky than gambling. Gambling is a pure luck. Traders do analysis and come up with strategies. Trading has given long term profits to countless people while gambling has proved to be good for very few people.

Trading is a respected profession where you really earn success on the basis of patience, skill and hard work but gambling is an entire different story. Moreover it is time saving to choose the right option than trying out all the options.

poplolnman

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Quote from: JL421 on August 17, 2017, 07:20:52 PM

Quote from: PlanetOfBets on July 18, 2017, 12:09:09 PM

I've been gambling for years, witnessing that I've lost everything a lot of times, I know that trade does not always compensate for small losses.

Why not trade can compensate what makes you say that the next best alternative after gambling is trading over here you need brains luck won't work at all. In gambling luck also doesn't work always but trading if you have good sources and good brains you can easily make good profit

yeah it's makes sense if you expecting to make money through trading rather than through gambling it's a reasonable one indeed. besides trading gives you less risk with a little bigger rewards you can learn it by take a look to those people who successful enough invest their value by trading , pretty different for those people who successful through gambling it's work temporarily only, in the end mostly just get back to zero due the -EV .

Bunsomjelican

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Quote from: OshiTravin on July 21, 2016, 11:11:52 PM

Just curious since the last discussion I had was about gambling vs trading. I know trading can seem to be a bit of a gamble as well, but I see it a little bit like poker. It's a combination of math and psychology. Maybe not the same ratio though, just generalizing Tongue

Those two are both risky, but most of the time we loss our money into gambling due to most gamblers are luck dependent every time they play in the gambling sites. While trading it maybe risky but if you do the right analysis and precise decision you can minimize your losses when you do trade or buy and selling coins.

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Quote from: PlanetOfBets on July 18, 2017, 12:09:09 PM

I've been gambling for years, witnessing that I've lost everything a lot of times, I know that trade does not always compensate for small losses.

Why not trade can compensate what makes you say that the next best alternative after gambling is trading over here you need brains luck won't work at all. In gambling luck also doesn't work always but trading if you have good sources and good brains you can easily make good profit

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Quote from: azguard on August 17, 2017, 03:44:00 PM

Quote from: owengtam09 on August 17, 2017, 09:46:31 AM

Trading needs analysis and Gambling needs more luck.
So when it comes in taking risk, gambling is more risky, but you must also needs to have a good analysis before you enter trading, so you do not lose a lot of money. In gambling there is a possibility that we can be addictive and out od control but it will still depend on a person on how they can manage themselves.

Both have risk and bad sides. Trading is more research then analysis and in gambling there are several factor and that factor are determined from what type of game you play and what you are playing. In trading you can always if you made bad call return some fund invested and in gambling again it depends from what type of game you play you can stop playing or you can win or lose.

Gambling is still riskier than trading. Gambling is very easy to enter that's why the risk is much higher whenever its sports betting or online gambling. While in trading, if you want to get a good profit, you need to be knowledgeable and learn how the market moves before putting a 'bet'.

But in gambling, you just know how to play or go with your favorite teams to put a wager. So gambling tricks us in getting profit, but its the opposite so we lose money out of it.

azguard

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Quote from: owengtam09 on August 17, 2017, 09:46:31 AM

Trading needs analysis and Gambling needs more luck.
So when it comes in taking risk, gambling is more risky, but you must also needs to have a good analysis before you enter trading, so you do not lose a lot of money. In gambling there is a possibility that we can be addictive and out od control but it will still depend on a person on how they can manage themselves.

Both have risk and bad sides. Trading is more research then analysis and in gambling there are several factor and that factor are determined from what type of game you play and what you are playing. In trading you can always if you made bad call return some fund invested and in gambling again it depends from what type of game you play you can stop playing or you can win or lose.

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Quote from: fullypak on August 17, 2017, 01:49:19 PM

Quote from: kevinn669 on August 17, 2017, 12:06:21 PM

I believe that it is necessary to use both directions if they are of interest to a person, but for trading you need more time and analysis to make a profit, and in gambling you can just enjoy the game.

You spend time in trading you can able to earn money after spending some time. But you can spend n number of time in gambling you will get only fun not gain any knowledge that helps to your life. Trading will improve your skill set as well as it will give profit. Gambling always gives you profit, but rarely you can make a profit. Both have their own qualities.

The more time you spend in gambling, the more time you make your money go away, that is the principle of gambling. There are a lot of gamblers that lost their money in this industry but still continue because they thought that they can still win, yes they can still win, but they can't ensure a win in the long run.

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Quote from: PatronRH on August 17, 2017, 03:28:26 AM

If you're lucky never try trading and enjoy your big profit as a gambler, but if you're not ! you better have to start learning and studying about trading !

Luck is a mystery and no one knows when it will come. Both trading and gambling need luck but in trading the chance to get success is a bit higher than in gambling one. Look at what bitcoin price trend in the last couple years. Price always increase so there's no way for traders to lose their money during that time period. If this trend will continue for the next couple years, start trading now and enjoy the prosperity in the future.

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Quote from: kevinn669 on August 17, 2017, 12:06:21 PM

I believe that it is necessary to use both directions if they are of interest to a person, but for trading you need more time and analysis to make a profit, and in gambling you can just enjoy the game.

You spend time in trading you can able to earn money after spending some time. But you can spend n number of time in gambling you will get only fun not gain any knowledge that helps to your life. Trading will improve your skill set as well as it will give profit. Gambling always gives you profit, but rarely you can make a profit. Both have their own qualities.

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I believe that it is necessary to use both directions if they are of interest to a person, but for trading you need more time and analysis to make a profit, and in gambling you can just enjoy the game.

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Quote from: Sidas_Crew669 on August 17, 2017, 10:20:57 AM

Quote from: SISA on August 16, 2017, 06:30:22 AM

See many people different thoughts about gambling and trading because they will act according to their situation on money they have but when it comes to me I used to play gamble with both of them because we don't have any guarantee in anything in this world when it comes to investment.

The actual trading with gambling have the same system, it's just gambling more leaning into huge losses and trade depends on how we can do an analysis. But it is indeed the way that we do for trading and also the same gambling, we should be able to analyze properly without it everything will go bad. Gambling is far more complicated than trading, as indeed we should be able to control myself and also strictly prohibited minded greedy. Because once it is not met, the game we're going to end up at a huge disadvantage.

I would say the reversed thing.I would treat trading is more complicated than gambling since we do all the important stuffs in able to be profitable on trading unlike on gambling which we can simply put bets without hassling too much our mind on making such decisions. Trading would only be the same as gambling if you do trade without any knowledge.

Topic: Trading vs Gambling - page 28. (Read 24512 times)