Trading vs Gambling - page 36. | Bitcointalksearch.org

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Well for me I like both but do prefer gambling on sports as I bet most days and seem to do much better then day trading which I have since given up on as I lost some BTC day trading so now I just stick to buying coins for the long term and just wait for them to go up to make my profit.

Gambling on sports is a bit safer though as you can practically know how each team or individual plays his game before staking a bet unlike casinos and other quick killer gambling games. Trading in the other hand is safe because you have parameters that you can set to guide your investments and so if there's any decline you'll not completely loose out.

but if we don't have skill in sports then its the same as we are prepare to losing our money. only people which have good skill in sports that can win. this is the same as trading, if we don't have skills in trading, then we can not make profit. but i am prefer to do trading than playing gambling because i want to make money in trading.

I agree with you, though I believe trading is about information gathering, so I think we better have skill on picking the best information made available to us through researches. I also believe that there is a huge difference between gambling and trading in terms of risk management. The difference is that, in trading we can nullify risk while gambling does not have that option.

In trading we can minimize our risk but we cannot ever eliminate it since we are unable to predict everything that may happen that could change abruptly the price of a stock or a coins we are trading, if the stock market collapses tomorrow out of the blue then that is a risk it was impossible to avoid.

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Quote from: boranes on July 21, 2017, 08:51:43 AM

Quote from: TelolettOm on July 21, 2017, 05:25:40 AM

We can not equate gambling with trading because it is so different. Gambling only relies on 99% luck. But for trading we can use analysis and many things that make us no loss

Gambling depends 100% on luck unless you are playing skill games.
But yes, for trading you need to wait for price to go down, buy coins and wait for price to go up and sell coins.
You can't do that in gambling, you place your bet and hope for best.

I think even in trading we also depend on our luck. although in trading we have a little chance to use our experience and skill but but still luck is also play important part in our life, so if a person is lucky he will make good profit from trading bitcoin but if he is not lucky then he cannot make money even from trading, to me our experience and knowledge only increase the chances of making money from trading.

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Quote from: boranes on July 21, 2017, 08:51:43 AM

Quote from: TelolettOm on July 21, 2017, 05:25:40 AM

We can not equate gambling with trading because it is so different. Gambling only relies on 99% luck. But for trading we can use analysis and many things that make us no loss

Gambling depends 100% on luck unless you are playing skill games.
But yes, for trading you need to wait for price to go down, buy coins and wait for price to go up and sell coins.
You can't do that in gambling, you place your bet and hope for best.

The margin call feature in trading is also entirely for luck, but in general there is a fundamental difference between trade and gambling, trading requires us to speculate more with analysis, whereas in gambling we are purely speculated in a short period of time. It depends on people who like to think fast or they think by using fundamental analysis.

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Quote from: OrangeII on July 11, 2017, 10:10:54 AM

Trading is the best and fastest way I've ever gotten to add bitcoin, but in gambling, I always lose my money, but most likely, more gambling players than trading. But I feel that trading is still better. Many are more likely to gamble perhaps because they really love the game that pumps adrenaline

there are lots of people in gambling because a lot of people doesn't know how to invest and how to do it or how to make their bitcoin grow in investing. But I agree that trading is better than gambling because most of the time we are just losing money in gambling.

There are many people in gambling because everyone wants an easy and fast money without doing any hard work and they think that it can be possible only in gambling. But in reality, they will not make money. Instead, they lose more money in gambling, and by the time most of the gamblers realise this it will too late and might have lost lot of money in it. Go to gambling only if you want to enjoy your free time and not to make money from it.

Exactly, that is true that some other people are playing gambling because they really want an easy money and fast money without doing a hard work they wanted to hit the jackpot in one click. Sometimes gamblers are lucky enough to do it, but some gamblers can't make it, because most of the time gambling is really more on luck. We can just do gambling with our spare time and if we want some entertainment or we want to use some of our spare money. Unlike in trading, trading is better for me because in trading we can make money in a long run and trading is for the person who thinks for their future.

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Quote from: TelolettOm on July 21, 2017, 05:25:40 AM

We can not equate gambling with trading because it is so different. Gambling only relies on 99% luck. But for trading we can use analysis and many things that make us no loss

Gambling depends 100% on luck unless you are playing skill games.
But yes, for trading you need to wait for price to go down, buy coins and wait for price to go up and sell coins.
You can't do that in gambling, you place your bet and hope for best.

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Trading and Gambling are both the same risk involved, and they're both big different to one another.
Because Gambling is commonly used for fun and relaxation for the majority players in the gambling site while Trading
is commonly used for doing trade in the platform where they can buy or sell bitcoin or altcoins. Meaning it is called your own business as
well and assets too.

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Quote from: 8Habits on July 21, 2017, 05:39:31 AM

Quote from: TelolettOm on July 21, 2017, 05:25:40 AM

We can not equate gambling with trading because it is so different. Gambling only relies on 99% luck. But for trading we can use analysis and many things that make us no loss

In fairness, there are gambling that requires similar skills to trading. Poker and sports betting are few examples of gambling that not only rely on luck but on skills. But yes, majority of gambling games are based on pure luck which is hard sometimes that people prefers to gamble than trade if their main goal is to earn profit.

That's true but still only few people has the skills to be able to win in the long run, I even tried to have my journey in sports betting but I failed because it was not easy as I think. Now, I realized that I will lose more money if I will pursue my goal so I just stop and let go of my loses, I can gamble now for fun and that is alright with me even if I lose.

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Quote from: TelolettOm on July 21, 2017, 05:25:40 AM

We can not equate gambling with trading because it is so different. Gambling only relies on 99% luck. But for trading we can use analysis and many things that make us no loss

In fairness, there are gambling that requires similar skills to trading. Poker and sports betting are few examples of gambling that not only rely on luck but on skills. But yes, majority of gambling games are based on pure luck which is hard sometimes that people prefers to gamble than trade if their main goal is to earn profit.

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We can not equate gambling with trading because it is so different. Gambling only relies on 99% luck. But for trading we can use analysis and many things that make us no loss

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Quote from: waynechong1995 on July 21, 2017, 01:36:20 AM

Gamble when you feel lucky, otherwise invest more time in speculating market and that's how i do Tongue

Do you have some radar on when you can feel that you are lucky? I personally say that it can't be feel anyway as long as you are in action and you keep on winning then you can feel that you are lucky. It's the same thing in trading, sometimes we are just lucky to buy those coins at lower price then after that the price starts to increase.

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Quote from: waynechong1995 on July 21, 2017, 01:36:20 AM

Gamble when you feel lucky, otherwise invest more time in speculating market and that's how i do Tongue

When we feel lucky? but how do we know that we are lucky? we dont know when do we feel lucky. Even if I feel lucky sometimes my luck will not work in gambling site and Im just going to lose again. I dont want to lose but it is not avoidable that is why I dont feel that it is something that can be controlled

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Gamble when you feel lucky, otherwise invest more time in speculating market and that's how i do Tongue

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Quote from: Shofiqul on July 21, 2017, 01:20:09 AM

Trading is something like gambling.But i think trading is something risk free if you become an expert.You can trade professionally and can gamble for entertainment.All is about your mind.

It is not al about mind it is knowledge and skills as much as you can ,Trading isnt a risk free all investments have their own level of risk and itcan be minimized only by your understanding to make an effective moves.

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Trading is something like gambling.But i think trading is something risk free if you become an expert.You can trade professionally and can gamble for entertainment.All is about your mind.

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Quote from: surtur22 on July 18, 2017, 09:42:37 AM

Trading bitcoin (like Forex) is almost the same as gambling IMO, unless you do it with effort and analysis, it might even be very hard for newbies to do analysis from my previous experience and more of gamblers rather than traders.
Of course trading is better than gambling, it's just common sense considering gambling is trading but with negative odds (house edge).

Trading is similar to gambling but they are not totally similar. They have still some differences, we are just talking about the risk that we may take in trading and gambling. If you want to be safe with your bitcoins and you want to earn slowly but surely then you may choose to go with trading. But if you want fast way of earning, go for gambling.

In general, trading is not similar to gambling at all. Although that does depend on the game. Poker can be similar to trading, since it involves a psychological aspect. But traditional "gambling" games are nothing like trading, unless the "trader" has no clue what he's doing and trading blindly.

I don't understand why poker is the only game you compared with trading as similar activities. They have both risk and needs extensive way of thinking and in that way that's making me and others believe they have similarity but has still some differences that makes it not totally and completely the same.

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Quote from: silvester4 on July 20, 2017, 03:55:23 PM

We like tradin better , it gives more ROI to people, we can make 50-100% profit easily from trading. Trading altcoins on Yobit can be very profitable.

Yes if a person is searching or money then yes he have to choose for to go to trading as gambling is a source of entertainment and making money with gambling is not sensible. With trading you can earn money with your skills but in gambling you can make money only if you are the owner of the casino.

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Quote from: silvester4 on July 20, 2017, 03:55:23 PM

We like tradin better , it gives more ROI to people, we can make 50-100% profit easily from trading. Trading altcoins on Yobit can be very profitable.

yes we can make that easily but you need to have more coins or alternative coins in trading you need to stock coins to be assured your earnings because if you are just depending on one coin only maybe you can't get your roi that fast maybe you need to trade or buy those coins that has possibilities to increase fast.

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Quote from: Monnt on July 20, 2017, 06:03:44 PM

Quote from: Kevin77 on July 20, 2017, 04:40:29 PM

Quote from: boyptc on July 20, 2017, 03:15:15 PM

Quote from: surtur22 on July 18, 2017, 09:42:37 AM

Trading bitcoin (like Forex) is almost the same as gambling IMO, unless you do it with effort and analysis, it might even be very hard for newbies to do analysis from my previous experience and more of gamblers rather than traders.
Of course trading is better than gambling, it's just common sense considering gambling is trading but with negative odds (house edge).

Trading is similar to gambling but they are not totally similar. They have still some differences, we are just talking about the risk that we may take in trading and gambling. If you want to be safe with your bitcoins and you want to earn slowly but surely then you may choose to go with trading. But if you want fast way of earning, go for gambling.

One small corrections : if you want to earn, you need to go for trading (for both slow and fast earning). If you want to spend, you need to for gambling (always as fast as anything). Remember always : earning is not possible from gambling and that is the differences between these two fields.

I do not agree that earning is not possible from gambling, it is always possible because we do see gamblers are sharing about their profit making but unable to withdraw due to greediness. I guess it is common even for trading because there are traders go for utilizing their profits and ending up in losing it.

I'm not saying there will be no differences between trading and gambling but there could be many similarities between these two. But most of the time I too could not find any big differences between trading and gambling.

If you cannot find any difference between the two, probably you are lucky in gambling or you suck in trading (sorry for the term) though I hope it is the first one

. Because in my point point of view the risk involve itself is a big difference between gambling and trading. It has been stated several times that the risk in trading can be manage while gambling cannot.

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Quote from: silvester4 on July 20, 2017, 03:55:23 PM

We like tradin better , it gives more ROI to people, we can make 50-100% profit easily from trading. Trading altcoins on Yobit can be very profitable.

trading inside yobit is very risky mate, chances of having problem with your withdrawal is on stake if you really love to trade go to trex or other
exchange that have more bigger volume, trading would be much better if you have a lots of time and you know how it works but if you are just
playing with the pnd coins better to watch out because anytime you can lose it all.

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Quote from: Kevin77 on July 20, 2017, 04:40:29 PM

Quote from: boyptc on July 20, 2017, 03:15:15 PM

Quote from: surtur22 on July 18, 2017, 09:42:37 AM

Trading bitcoin (like Forex) is almost the same as gambling IMO, unless you do it with effort and analysis, it might even be very hard for newbies to do analysis from my previous experience and more of gamblers rather than traders.
Of course trading is better than gambling, it's just common sense considering gambling is trading but with negative odds (house edge).

Trading is similar to gambling but they are not totally similar. They have still some differences, we are just talking about the risk that we may take in trading and gambling. If you want to be safe with your bitcoins and you want to earn slowly but surely then you may choose to go with trading. But if you want fast way of earning, go for gambling.

One small corrections : if you want to earn, you need to go for trading (for both slow and fast earning). If you want to spend, you need to for gambling (always as fast as anything). Remember always : earning is not possible from gambling and that is the differences between these two fields.

I do not agree that earning is not possible from gambling, it is always possible because we do see gamblers are sharing about their profit making but unable to withdraw due to greediness. I guess it is common even for trading because there are traders go for utilizing their profits and ending up in losing it.

I'm not saying there will be no differences between trading and gambling but there could be many similarities between these two. But most of the time I too could not find any big differences between trading and gambling.

Topic: Trading vs Gambling - page 36. (Read 24534 times)