Trading vs Gambling - page 4. | Bitcointalksearch.org

Shikaina

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Quote from: OshiTravin on July 21, 2016, 10:11:52 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 dont do both. I just work and earn in coins or tokens then hold them, wait till they get s good price in the market. So it is like i am working and earning crypto. Much better, tendencies of losing is very small compared to gambling and trading

BTCeminjas

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In gambling, you can directly know whether you have your profit or loses because of gambling no need to hold coin if you see that your profit was not there. Unlike when you are in trading you must have more time to monitor the price value of cryptocurrencies that you are in purchase to avoid big loss if ever. Trading is lower risk than gambling but it is almost like in gambling when you invested or trading another coin must have more skills in trading.

Gheka

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Quote from: pluMmet on March 08, 2018, 06:03:03 AM

Quote from: ethereumhunter on March 08, 2018, 05:43:48 AM

Quote from: mirakal on March 08, 2018, 01:02:58 AM

Quote from: emberbekas on March 07, 2018, 11:22:06 PM

Quote from: genology on March 07, 2018, 09:17:17 PM

If you're just starting, I recommend trading firstsince it is safer and you can do your own research to predict the outcome. Gamble only with extra money since it is very risky. You will either earn a lot or lose a lot.

Trading is also risky especially for newbie because I believe their emotional control ability is still untested especially when faced with difficult situations. For example when the price drops dramatically. Most newbie will immediately cut their losses for fear the price will drop further. It would be better to start trading from below, using less money as a learning step.

As long as you understand the risk you won't be trading at a high risk.
Everyone starts as newbie but they grow and mature in trading because they are open minded and they accept their failures
in the early part of trading, it's really important to fully understand that it's not an overnight success but rather a long term success.

I admitted that trading has a high risk but we can prevent the risk by using the analysis and if we can handle our emotion then we can avoid getting big lost. and even if we are getting lost, we can recover it in next day when the price is increased. but in the gambling, we cannot avoid to get a lost because once we place a bet, we only need to wait what the result and our chance to win is not too big.

I agree if trade is safer, because the risk of small and as experienced loss we can fix this, but in the gambling when we already started we can not do anything other than waiting for the results, and when lost the loss of it would be very large and can not in improve again

Yeah, gambling does not allow us to wait or hold, the results will appear soon, we will only get win or lose results, and most of us will lose because gambling always has plans to control the activity in the game, the chance of winning is zero. With trading, risk can be high because too many things can happen but we can limit it through news, strategies and skills, and we can hold and wait after we fall into a bad situation, someday, good results will come, that's the point that makes trading better than gambling

pluMmet

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Quote from: ethereumhunter on March 08, 2018, 05:43:48 AM

Quote from: mirakal on March 08, 2018, 01:02:58 AM

Quote from: emberbekas on March 07, 2018, 11:22:06 PM

Quote from: genology on March 07, 2018, 09:17:17 PM

If you're just starting, I recommend trading firstsince it is safer and you can do your own research to predict the outcome. Gamble only with extra money since it is very risky. You will either earn a lot or lose a lot.

Trading is also risky especially for newbie because I believe their emotional control ability is still untested especially when faced with difficult situations. For example when the price drops dramatically. Most newbie will immediately cut their losses for fear the price will drop further. It would be better to start trading from below, using less money as a learning step.

As long as you understand the risk you won't be trading at a high risk.
Everyone starts as newbie but they grow and mature in trading because they are open minded and they accept their failures
in the early part of trading, it's really important to fully understand that it's not an overnight success but rather a long term success.

I admitted that trading has a high risk but we can prevent the risk by using the analysis and if we can handle our emotion then we can avoid getting big lost. and even if we are getting lost, we can recover it in next day when the price is increased. but in the gambling, we cannot avoid to get a lost because once we place a bet, we only need to wait what the result and our chance to win is not too big.

I agree if trade is safer, because the risk of small and as experienced loss we can fix this, but in the gambling when we already started we can not do anything other than waiting for the results, and when lost the loss of it would be very large and can not in improve again

ethereumhunter

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Quote from: mirakal on March 08, 2018, 01:02:58 AM

Quote from: emberbekas on March 07, 2018, 11:22:06 PM

Quote from: genology on March 07, 2018, 09:17:17 PM

If you're just starting, I recommend trading firstsince it is safer and you can do your own research to predict the outcome. Gamble only with extra money since it is very risky. You will either earn a lot or lose a lot.

Trading is also risky especially for newbie because I believe their emotional control ability is still untested especially when faced with difficult situations. For example when the price drops dramatically. Most newbie will immediately cut their losses for fear the price will drop further. It would be better to start trading from below, using less money as a learning step.

As long as you understand the risk you won't be trading at a high risk.
Everyone starts as newbie but they grow and mature in trading because they are open minded and they accept their failures
in the early part of trading, it's really important to fully understand that it's not an overnight success but rather a long term success.

I admitted that trading has a high risk but we can prevent the risk by using the analysis and if we can handle our emotion then we can avoid getting big lost. and even if we are getting lost, we can recover it in next day when the price is increased. but in the gambling, we cannot avoid to get a lost because once we place a bet, we only need to wait what the result and our chance to win is not too big.

krishnaverma

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Quote from: 8Habits on January 22, 2018, 06:54:32 PM

For me, when you just trade randomly without a clear pre-planned strategy to follow in all your trades, that is gambling and high risk.

And that is common to 90 5 of the new traders. They read some fake article online how someone managed to make $100000 or so in a week or so and then join that trading exchange using his affiliate link. Most of them will fail as they simply gamble ( pick the same trade used in that article without checking its relevancy or current performance).

Quote from: 8Habits on January 22, 2018, 06:54:32 PM

My point is that, we should have good knowledge, skills, and pre-planned trading strategies to follow so that emotions will at least be minimize in our trades.

Most of the people are not patient enough to wait till they require these. Best option is to practice on demo platforms before doing any real trade.

mirakal

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Quote from: emberbekas on March 07, 2018, 11:22:06 PM

Quote from: genology on March 07, 2018, 09:17:17 PM

If you're just starting, I recommend trading firstsince it is safer and you can do your own research to predict the outcome. Gamble only with extra money since it is very risky. You will either earn a lot or lose a lot.

Trading is also risky especially for newbie because I believe their emotional control ability is still untested especially when faced with difficult situations. For example when the price drops dramatically. Most newbie will immediately cut their losses for fear the price will drop further. It would be better to start trading from below, using less money as a learning step.

As long as you understand the risk you won't be trading at a high risk.
Everyone starts as newbie but they grow and mature in trading because they are open minded and they accept their failures
in the early part of trading, it's really important to fully understand that it's not an overnight success but rather a long term success.

emberbekas

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Quote from: genology on March 07, 2018, 09:17:17 PM

If you're just starting, I recommend trading firstsince it is safer and you can do your own research to predict the outcome. Gamble only with extra money since it is very risky. You will either earn a lot or lose a lot.

Trading is also risky especially for newbie because I believe their emotional control ability is still untested especially when faced with difficult situations. For example when the price drops dramatically. Most newbie will immediately cut their losses for fear the price will drop further. It would be better to start trading from below, using less money as a learning step.

genology

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If you're just starting, I recommend trading firstsince it is safer and you can do your own research to predict the outcome. Gamble only with extra money since it is very risky. You will either earn a lot or lose a lot.

rowjen

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Weel 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.

BlockEye

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Quote from: piloder on January 25, 2018, 09:45:14 AM

Quote from: axicron on January 25, 2018, 09:00:16 AM

Well, both have risks. So why don't take risk having fun? Wink

Gambling with cryto is kinda like investment too, as coins price that you won can grow with time.

Taking risk and having fun is two different thing.
Watching your total crypto portfolio going up and down within short period of time also feels lot more like gambling. Grin

I am Down by 40% within one month period because of correction Angry

Every holders and traders lose due to this correction, but look on the brighter side, this correction is our way to buy new alts or collect more potential alts, thinking that last week is a sale time for alts at low price. It's risky just like betting in which alt will boom yet we still try since we felt the thrill and we believe somehow that it will pump like what we do in gambling.

arthotdog

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Quote from: OshiTravin on July 21, 2016, 10:11:52 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 will become bias but im not into gambling so my answer is Trade only,yeah trading has a bit of gambling as we really know perfectly what coins wont grow yet we are putting funds towards that coin..but i rather choose pure trading that has small amount of losing.while gambling only relies on luck and nothing more

piloder

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Quote from: axicron on January 25, 2018, 09:00:16 AM

Well, both have risks. So why don't take risk having fun? Wink

Gambling with cryto is kinda like investment too, as coins price that you won can grow with time.

Taking risk and having fun is two different thing.
Watching your total crypto portfolio going up and down within short period of time also feels lot more like gambling. Grin

I am Down by 40% within one month period because of correction Angry

markkeian

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trading vs gambling?oh well I can do it both,putting my wins on gambling to trading and vise versa.but I always prefer trading,in long term you will not lose in trading,rate may go down but still you have the coins while in gambling when you lose your money its not yours already.

axicron

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Well, both have risks. So why don't take risk having fun? Wink

Gambling with cryto is kinda like investment too, as coins price that you won can grow with time.

ethereumhunter

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Quote from: LiberateDPigeon on January 25, 2018, 06:36:49 AM

Gambling is purely based on luck while trading is based on speculation with technical analysis. More people actually end up losing in the long run if they gamble long enough.

and if we don't use the analysis or we don't know how to determine the price is up or down, then its the same as gambling because we only count on with luck that the price will go on with our expecting. this is too dangerous for us because we cannot survive if we do this and we only lost in the long-term and we need to fix this before our money is run out.

LiberateDPigeon

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Gambling is purely based on luck while trading is based on speculation with technical analysis. More people actually end up losing in the long run if they gamble long enough.

Nanot

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Quote from: OshiTravin on July 21, 2016, 10:11:52 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

For me when it comes to gambling and trading..it has a big differences. All because we know that when we say trading is a contracting a bussines that is needed to give more time and effort and also strategic and idea thinker. While we know also the gambling is a gaining for profit and we know that it is unpredictable rather than trading that you can vision on what was happening through it. Like wise they are both working just to have more money and growth as gain more additional income and profitable things.

Karmakid

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Right now I am only doing some alt-coin trading I don't really gamble much this days,
I only gamble when I am bored and want to enjoy my time so basically I would choose trading more than gambling,
Because for me gambling should only be for your fun not for the profit you couldn't really make a good profit from gambling that could support you for a long time.

carlisle1

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Quote from: Shutup on January 23, 2018, 04:44:32 PM

Quote from: OshiTravin on July 21, 2016, 10:11:52 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

For me trading is more important than gambling because you can earn in trading in a long term profit. If you just succeed in trading that leads you to succeed in life. For me trading is more good than fixed income. Because if got lucky in trading you can earn a lot of money. You can climb up to a higher level of your life. Because bitcoin trading is the best Hope for us to be rich. While in gambling there's no assurance for a long term profit. It's just you hope for your winnings.

we have same outview in this matter mate,though i think trading has bit of gambling since we really dont know perfectly what would happen to the coins we bought,but still small amount of risk than one we got in gambling..i would rather choose trading instead of gambling for the reason that research and analyzing would help me out to find what coins may give me profit,while gambling is purely luck and only 30% chance of winning.

Topic: Trading vs Gambling - page 4. (Read 24534 times)