Topic: Trading vs Gambling - page 57. (Read 24512 times)

Quote from: lite on May 08, 2017, 04:06:45 PM

Gambling is basically bad odds, it's not random it literally has bad odds for you, you know you will lose eventually, the math can't be beaten. Trading has nothing to do with gambling, sure you can randomly trade but no one that makes money with trading does that. It's not impossible to predict prices, maybe not perfectly but still accurate enough to make money, otherwise trading wouldn't exist.

I think everyone must have advantages and disadvantages in every job done. What you think is not necessarily appropriate to the circumstances. Trading and gambling is a job, everyone has their own choice.

Yes that is right answer the main thing is that every person if is going to adopt any of the job he have to take care of the main points and have to take care of the rules of that job and do not have to go for extreme in that job and have to keep control on his emotions he will be secured in any of them.

JengoFF_n0

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Quote from: forzendiablo on May 07, 2017, 10:10:40 PM

with exchanges going down - trading is same as gambling imo - or even worse Wink

No, it's not. which exchange is down? there's sometimes downtime probably due to ddos, that's all! storing funds at exchanges is always a risk, you can withdraw your funds after successful trades.

Quote from: freebutcaged on May 08, 2017, 10:29:43 AM

Quote from: forzendiablo on May 07, 2017, 10:10:40 PM

Trading is much more nice becuase in gambling. You would see it and knew it because trading can make us millinaire unlike in gambling that the owner of the casino is just the one that would me a millionaire. So definitely trading is much better than gambling for me hehehehe

Same here, I have never gone to any gambling website as I have read many posts here on the forum that many users got addicted to gambling and gambled away all of the money they were having and now living a miserable life.
I do trading and also invest in altcoin ICO which is many a times profitable.

Exactly, when people like you exist then people like scammers with an ICO every week can freely operate and get away with people's money.
Can't you see the same campaign managers and the same team only with different names and accounts with the same shills army are always
involved in these ICOs?
At least when you gamble you have a chance to win but when you send your money to ICO it's gone for good.
You are not taking anything in return when you gamble, in fact you are betting on the exact amount or wagering for more as you increase the odds.
Unlike trading you are giving BTC and taking an altcoin with the current market price equivalent in hopes of selling with higher price later.
I like gambling more than trading.

Not every ico is scam, there are some legit and interesting project(for example mobilego).

But you need to know which one is qualitative and without fraud. What one likes and does not like the other is this one circumstance but it's quite another not to be deceived.

lite

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with exchanges going down - trading is same as gambling imo - or even worse Wink

No, it's not. which exchange is down? there's sometimes downtime probably due to ddos, that's all! storing funds at exchanges is always a risk, you can withdraw your funds after successful trades.

Quote from: freebutcaged on May 08, 2017, 10:29:43 AM

Quote from: freebutcaged on May 08, 2017, 10:29:43 AM

Trading is much more nice becuase in gambling. You would see it and knew it because trading can make us millinaire unlike in gambling that the owner of the casino is just the one that would me a millionaire. So definitely trading is much better than gambling for me hehehehe

Same here, I have never gone to any gambling website as I have read many posts here on the forum that many users got addicted to gambling and gambled away all of the money they were having and now living a miserable life.
I do trading and also invest in altcoin ICO which is many a times profitable.

Exactly, when people like you exist then people like scammers with an ICO every week can freely operate and get away with people's money.
Can't you see the same campaign managers and the same team only with different names and accounts with the same shills army are always
involved in these ICOs?
At least when you gamble you have a chance to win but when you send your money to ICO it's gone for good.
You are not taking anything in return when you gamble, in fact you are betting on the exact amount or wagering for more as you increase the odds.
Unlike trading you are giving BTC and taking an altcoin with the current market price equivalent in hopes of selling with higher price later.
I like gambling more than trading.

Not every ico is scam, there are some legit and interesting project(for example mobilego).

crwth

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Trading is much more nice becuase in gambling. You would see it and knew it because trading can make us millinaire unlike in gambling that the owner of the casino is just the one that would me a millionaire. So definitely trading is much better than gambling for me hehehehe

Same here, I have never gone to any gambling website as I have read many posts here on the forum that many users got addicted to gambling and gambled away all of the money they were having and now living a miserable life.
I do trading and also invest in altcoin ICO which is many a times profitable.

Exactly, when people like you exist then people like scammers with an ICO every week can freely operate and get away with people's money.
Can't you see the same campaign managers and the same team only with different names and accounts with the same shills army are always
involved in these ICOs?
At least when you gamble you have a chance to win but when you send your money to ICO it's gone for good.
You are not taking anything in return when you gamble, in fact you are betting on the exact amount or wagering for more as you increase the odds.
Unlike trading you are giving BTC and taking an altcoin with the current market price equivalent in hopes of selling with higher price later.
I like gambling more than trading.

I don't think that Watershin is trying to say that ICO's are scams. Sure there are ICO's that are up for your money but that's not always the case. There are a lot of possibilities that you could earn from ICO's, whether it would be a great opportunity or not, as long as you believe in yourself and try to understand and research on what you are investing in and that's great.

freebutcaged

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Quote from: forzendiablo on May 07, 2017, 10:10:40 PM

Trading is much more nice becuase in gambling. You would see it and knew it because trading can make us millinaire unlike in gambling that the owner of the casino is just the one that would me a millionaire. So definitely trading is much better than gambling for me hehehehe

Same here, I have never gone to any gambling website as I have read many posts here on the forum that many users got addicted to gambling and gambled away all of the money they were having and now living a miserable life.
I do trading and also invest in altcoin ICO which is many a times profitable.

Exactly, when people like you exist then people like scammers with an ICO every week can freely operate and get away with people's money.
Can't you see the same campaign managers and the same team only with different names and accounts with the same shills army are always
involved in these ICOs?
At least when you gamble you have a chance to win but when you send your money to ICO it's gone for good.
You are not taking anything in return when you gamble, in fact you are betting on the exact amount or wagering for more as you increase the odds.
Unlike trading you are giving BTC and taking an altcoin with the current market price equivalent in hopes of selling with higher price later.
I like gambling more than trading.

torry28

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with exchanges going down - trading is same as gambling imo - or even worse Wink

I disagree with you. IMO exchange sites aren't down (Poloniex was down a little bit today because of stellar coin was too insane), there are few coins which rising too today. Trading is not same with gambling, trading needs more skills compared gambling which only depends from your luck.

Oilacris

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Trading is much more nice becuase in gambling. You would see it and knew it because trading can make us millinaire unlike in gambling that the owner of the casino is just the one that would me a millionaire. So definitely trading is much better than gambling for me hehehehe

Same here, I have never gone to any gambling website as I have read many posts here on the forum that many users got addicted to gambling and gambled away all of the money they were having and now living a miserable life.
I do trading and also invest in altcoin ICO which is many a times profitable.

You are on the right path dude and just continue on what you are doing because gambling doesnt really give any benefit at all.Its not actually bad to play gambling as long you do know the limitations on doing it then it should be fine.ICO investments are risky if you dont know how to spot a good project.Trading is really good than gambling it may generate profits a little bit slower but still okay for long term purposes.

Watershin

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Quote from: Bardman on May 08, 2017, 07:13:31 AM

Trading is much more nice becuase in gambling. You would see it and knew it because trading can make us millinaire unlike in gambling that the owner of the casino is just the one that would me a millionaire. So definitely trading is much better than gambling for me hehehehe

Same here, I have never gone to any gambling website as I have read many posts here on the forum that many users got addicted to gambling and gambled away all of the money they were having and now living a miserable life.
I do trading and also invest in altcoin ICO which is many a times profitable.

chris200x9

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Quote from: crwth on May 08, 2017, 05:41:38 AM

Quote from: crwth on May 08, 2017, 05:41:38 AM

Gambling is basically bad odds, it's not random it literally has bad odds for you, you know you will lose eventually, the math can't be beaten. Trading has nothing to do with gambling, sure you can randomly trade but no one that makes money with trading does that. It's not impossible to predict prices, maybe not perfectly but still accurate enough to make money, otherwise trading wouldn't exist.

Not really, not all gambling odds are bad. It's really random and it's not always going to be bad, just make strategies and you can probably win a lot and just stop. Don't get greedy because that's how you will lose with it. It's hard to predict because the price is always fluctuating.

It's not random if your chances of winning are 49% vs chances of winning 51%, you will lose more than you win, that's not random. Sure you can win on sports or horse betting or poker but those are totally different from casinos, roulettes and dice. You are doomed to lose playing dice, it's math.

casino games don't expect any income these games are just made for having fun not to make money. But sports betting and poker and card games are different here first importance is for our experience, and later our luck will decide we will win or not. Trading is full different it is a money making business, so the profit chance is also high.

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Trading is much more nice becuase in gambling. You would see it and knew it because trading can make us millinaire unlike in gambling that the owner of the casino is just the one that would me a millionaire. So definitely trading is much better than gambling for me hehehehe

Bardman

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Quote from: Strongkored on May 08, 2017, 04:53:43 AM

Gambling is basically bad odds, it's not random it literally has bad odds for you, you know you will lose eventually, the math can't be beaten. Trading has nothing to do with gambling, sure you can randomly trade but no one that makes money with trading does that. It's not impossible to predict prices, maybe not perfectly but still accurate enough to make money, otherwise trading wouldn't exist.

Not really, not all gambling odds are bad. It's really random and it's not always going to be bad, just make strategies and you can probably win a lot and just stop. Don't get greedy because that's how you will lose with it. It's hard to predict because the price is always fluctuating.

It's not random if your chances of winning are 49% vs chances of winning 51%, you will lose more than you win, that's not random. Sure you can win on sports or horse betting or poker but those are totally different from casinos, roulettes and dice. You are doomed to lose playing dice, it's math.

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Quote from: forzendiablo on May 07, 2017, 10:10:40 PM

with exchanges going down - trading is same as gambling imo - or even worse Wink

Comparing the risk of gambling with exchange down is not reasonable, if you are afraid your funds in exchange will be lost because the website is down then you simply put back your trading funds in your personal wallet and send back to the exchange if you are start to trading.
Gambling is not only high risk but also often gives bad effects to the mental especially if you can not manage the emotions themselves, But whatever choice there is gambling or trading I really respect it.

Transfer funds from the exchange site to you personal wallet? How could someone do that if the site is DOWN? I think you don't know what you have just posted. But it is true that if you are going to store your bitcoin in an exchange there is a possibility that it would be lost, that is why if you do have bitcoin in an exchanger site, because of profits that you have made on selling your Altcoins, then better withdraw it right away, than to lost it forever.

crwth

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Quote from: iqlimasyadiqa on May 08, 2017, 05:31:41 AM

Gambling is basically bad odds, it's not random it literally has bad odds for you, you know you will lose eventually, the math can't be beaten. Trading has nothing to do with gambling, sure you can randomly trade but no one that makes money with trading does that. It's not impossible to predict prices, maybe not perfectly but still accurate enough to make money, otherwise trading wouldn't exist.

Not really, not all gambling odds are bad. It's really random and it's not always going to be bad, just make strategies and you can probably win a lot and just stop. Don't get greedy because that's how you will lose with it. It's hard to predict because the price is always fluctuating.

FrueGreads

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Gambling is basically bad odds, it's not random it literally has bad odds for you, you know you will lose eventually, the math can't be beaten. Trading has nothing to do with gambling, sure you can randomly trade but no one that makes money with trading does that. It's not impossible to predict prices, maybe not perfectly but still accurate enough to make money, otherwise trading wouldn't exist.

I think everyone must have advantages and disadvantages in every job done. What you think is not necessarily appropriate to the circumstances. Trading and gambling is a job, everyone has their own choice.

I agree with you. The problem is that there are many people that thinks that is impossible to win long term form gambling, but that is not true if they go for sports betting or poker. If they go to those skill games, then I think trading or gambling could be exactly the same, if people get serious at it, and do it as their job. There are professional bettor, and professional poker players, and professional traders. So yes, it can be the same thing, but with a different approach.

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