Trading vs Gambling - page 67. | Bitcointalksearch.org

boyptc

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Quote from: wuvdoll on December 20, 2016, 02:21:26 AM

Quote from: prtty2gal2 on December 07, 2016, 07:59:41 AM

Trading and gambling cannot be same at the same time can give same results if we are not lucky.

True. In other words they will not give same result even we are skilled in specialised fields in both of them. Yes there is no need of skills for gambling and there is no possibility of profit making in trading with no skill.

Trading and gambling have some similar aspects but completely two different things in overall characteristics analysis.

There are some gambling games that does require skills like in poker and sports betting. The skills that you need to be good in analysis which is the same thing in trading. But in trading, the smaller amount that you will have for investing for buying alt coins then the possible return is also small. Unlike in gambling if you are good enough even though you have small amount for capital, you can grow it if you are lucky.

warwar

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Quote from: ethereumhunter on December 07, 2016, 08:37:24 AM

Quote from: sweeeter on December 07, 2016, 06:25:05 AM

Quote from: butcherboss on December 07, 2016, 06:22:42 AM

Well I stopped gambling recently and about trading, I have been doing that since a long time. But now my main focus will be trading since no more gambling Cheesy

You have done well if you have stopped gambling totally and forever as it is the devils game. TRADING is also a form of gambling unless you are one of the whales/market makers. OP my vote would be only trade and never playing against the house at a casino.

i dont think trading is also a form of gambling because its need skills to analyze the trend of the coins and it need many experience and learning from the market and beside that we need to stay focus when we doing trading. but gambling is based on luck, almost all gambling games but its not for sports betting because in sports betting we need to read the info about the match and we should have a good knowledge for each team to win the games.

I agree but I think he is saying that trading is also risky one like gambling well you are right it is also risky if you dont know what your buying coin if you bought a died coin then you loose profit. I do agree that in trading you need skills and not luck to read and find what is good coin and in gambling it is all about luck if you are lucky enough then you will earn a ton of profits

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Quote from: Bestwishes745 on December 18, 2016, 03:21:32 PM

Quote from: BTCyuan$euro on December 12, 2016, 08:39:59 AM

Traiding is on the same level risk as gambling

But for me they are two different things and the risk level is also different in both of them because in trade you can control on your lose and win and it totally depends on time and your right decision and your patience while gambling is not controllable like that.

I agree both has a different risk level , how can he assume like that?
As in gambling you have a chance to lost the whole staked money , but in gambling you will still have some even you lost it.
It is worth to the risk however , as gambling give you bigger amount in return while trading has lesser.

wuvdoll

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Quote from: prtty2gal2 on December 07, 2016, 07:59:41 AM

Trading and gambling cannot be same at the same time can give same results if we are not lucky.

True. In other words they will not give same result even we are skilled in specialised fields in both of them. Yes there is no need of skills for gambling and there is no possibility of profit making in trading with no skill.

Trading and gambling have some similar aspects but completely two different things in overall characteristics analysis.

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Quote from: Blitzboy on December 19, 2016, 03:10:47 AM

Quote from: serjent05 on December 18, 2016, 03:41:19 PM

Quote from: Oralmat on December 12, 2016, 01:19:00 AM

Quote from: upsidedown75 on December 11, 2016, 01:29:05 PM

Quote from: prtty2gal2 on December 07, 2016, 07:59:41 AM

Trading and gambling cannot be same at the same time can give same results if we are not lucky.

You mean to say in trading also we must require luck to make profits ?
But this is not the case all the times because trading is not just based on luck factor. Maybe luck will multiply your profits but your skills will be more than enough to make some profits from trading. But in gambling you always need luck to have either small profits or big profits. No luck then no profits in gambling.

No way, in trading, definitely we need luck, that's why many people consider trading and gambling both are same. But i accept one thing that everyone have a different experience gain, So behind the experience, we have different thinking. But if i am talking about only luck, So i can't deny that without luck anything possible.

I don't doubt your experience but most likely only an amateur trader consider trading success as luck. Veteran traders, never rely on luck to be successful in their trading. they do intensive research and study on different stocks in the market, (coins in cryptocurrency) They also rely on news and at the same time on their knowlege on how to react in every market change. So definitely trading is not the same as gambling.

Yeah I do think so. Trading does not require traders to have luck, especially expert ones. In my opinion, only newbies and some amateur need luck in order to obtain profit. In general, experts have a wide knowledge in many fields. They know how to analyze the economic situation, world events and especially they can predict approximately what will happen so that they can reduce the loss. They are the genius.

that's why we called them pro since they already big edge analyzing the movements of the price allowing them to place their entry in the correct position and exit when things is not moving in their ways giving them the chances to limit their loses and buy other project to bounce back so its not just a luck game for them but expert analyze on a certain time.

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Quote from: serjent05 on December 18, 2016, 03:41:19 PM

Quote from: Oralmat on December 12, 2016, 01:19:00 AM

Quote from: upsidedown75 on December 11, 2016, 01:29:05 PM

Quote from: prtty2gal2 on December 07, 2016, 07:59:41 AM

Trading and gambling cannot be same at the same time can give same results if we are not lucky.

You mean to say in trading also we must require luck to make profits ?
But this is not the case all the times because trading is not just based on luck factor. Maybe luck will multiply your profits but your skills will be more than enough to make some profits from trading. But in gambling you always need luck to have either small profits or big profits. No luck then no profits in gambling.

No way, in trading, definitely we need luck, that's why many people consider trading and gambling both are same. But i accept one thing that everyone have a different experience gain, So behind the experience, we have different thinking. But if i am talking about only luck, So i can't deny that without luck anything possible.

I don't doubt your experience but most likely only an amateur trader consider trading success as luck. Veteran traders, never rely on luck to be successful in their trading. they do intensive research and study on different stocks in the market, (coins in cryptocurrency) They also rely on news and at the same time on their knowlege on how to react in every market change. So definitely trading is not the same as gambling.

Yeah I do think so. Trading does not require traders to have luck, especially expert ones. In my opinion, only newbies and some amateur need luck in order to obtain profit. In general, experts have a wide knowledge in many fields. They know how to analyze the economic situation, world events and especially they can predict approximately what will happen so that they can reduce the loss. They are the genius.

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Quote from: Oralmat on December 12, 2016, 01:19:00 AM

Quote from: upsidedown75 on December 11, 2016, 01:29:05 PM

Quote from: prtty2gal2 on December 07, 2016, 07:59:41 AM

Trading and gambling cannot be same at the same time can give same results if we are not lucky.

You mean to say in trading also we must require luck to make profits ?
But this is not the case all the times because trading is not just based on luck factor. Maybe luck will multiply your profits but your skills will be more than enough to make some profits from trading. But in gambling you always need luck to have either small profits or big profits. No luck then no profits in gambling.

No way, in trading, definitely we need luck, that's why many people consider trading and gambling both are same. But i accept one thing that everyone have a different experience gain, So behind the experience, we have different thinking. But if i am talking about only luck, So i can't deny that without luck anything possible.

I don't doubt your experience but most likely only an amateur trader consider trading success as luck. Veteran traders, never rely on luck to be successful in their trading. they do intensive research and study on different stocks in the market, (coins in cryptocurrency) They also rely on news and at the same time on their knowlege on how to react in every market change. So definitely trading is not the same as gambling.

Bestwishes745

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Quote from: BTCyuan$euro on December 12, 2016, 08:39:59 AM

Traiding is on the same level risk as gambling

But for me they are two different things and the risk level is also different in both of them because in trade you can control on your lose and win and it totally depends on time and your right decision and your patience while gambling is not controllable like that.

bitbob82

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Quote from: MinerHQ on December 12, 2016, 02:29:37 AM

Quote from: Oralmat on December 12, 2016, 01:19:00 AM

Quote from: upsidedown75 on December 11, 2016, 01:29:05 PM

Quote from: prtty2gal2 on December 07, 2016, 07:59:41 AM

Trading and gambling cannot be same at the same time can give same results if we are not lucky.

You mean to say in trading also we must require luck to make profits ?
But this is not the case all the times because trading is not just based on luck factor. Maybe luck will multiply your profits but your skills will be more than enough to make some profits from trading. But in gambling you always need luck to have either small profits or big profits. No luck then no profits in gambling.

No way, in trading, definitely we need luck, that's why many people consider trading and gambling both are same. But i accept one thing that everyone have a different experience gain, So behind the experience, we have different thinking. But if i am talking about only luck, So i can't deny that without luck anything possible.

I don't agree that gambling is same as trading but I do agree that some luck is needed make a money from trading or any other business. In trading we need a knowledge and experience to make good judgement but gambling is just a games for our entertainment so both can't be same.

yes i am agree with you, to me trading and gambling are the same thing, and both have the same kin of risk, but still i will choose trading as trading can give me good profit as in trading your experience and your skill can help you. while in gambling you mostly depend on your luck.

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Quote from: vasrasus on December 18, 2016, 11:03:32 AM

Quote from: Gotottack on December 18, 2016, 10:57:06 AM

Quote from: FlightyPouch on December 18, 2016, 08:37:00 AM

Trading is very important to us users of bitcoin, though gambling is more popular to us, trading is the best source of bitcoin. Gambling is more on risks and mostly depends on your luck. Gambling for me is a thing to spend my time, it is really fun gambling. Trading is the source of my bitcoin at the very start. Though trading has a disadvantage too, gambling still has many disadvantage.

True, another factor why gambling is much more popular than investing/trading is that because it is much easier to understand gambling. Investments/trading is really hard to understand and the learning curve is really high. You have to lose some money before you even earn something and learn from you mistakes. Unlike in gambling, you can just click and go. But the risk will always be higher in gambling than trading.

Both needs higher understanding and risk. I do both , I already got scammed in trading and investing. And I lose alot in gambling. The feelings were both horrifying, the feeling of being lost and betrayed is heartbreaking. So I think both really needs to undertake sometimes to learn and to gain more understanding in bitcoin. Learn from our mistakes.

What will be the point in doing both of them when both are not profitable to you. I guess every gambler here also must be a trader regardless of their performance in either one of them. But I became a trader only after I have quit gambling. I was thinking and also had chances to gamble again but I engaged to myself into trading just to stay away from it.

vasrasus

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Quote from: Gotottack on December 18, 2016, 10:57:06 AM

Quote from: FlightyPouch on December 18, 2016, 08:37:00 AM

Trading is very important to us users of bitcoin, though gambling is more popular to us, trading is the best source of bitcoin. Gambling is more on risks and mostly depends on your luck. Gambling for me is a thing to spend my time, it is really fun gambling. Trading is the source of my bitcoin at the very start. Though trading has a disadvantage too, gambling still has many disadvantage.

True, another factor why gambling is much more popular than investing/trading is that because it is much easier to understand gambling. Investments/trading is really hard to understand and the learning curve is really high. You have to lose some money before you even earn something and learn from you mistakes. Unlike in gambling, you can just click and go. But the risk will always be higher in gambling than trading.

Both needs higher understanding and risk. I do both , I already got scammed in trading and investing. And I lose alot in gambling. The feelings were both horrifying, the feeling of being lost and betrayed is heartbreaking. So I think both really needs to undertake sometimes to learn and to gain more understanding in bitcoin. Learn from our mistakes.

Gotottack

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Quote from: FlightyPouch on December 18, 2016, 08:37:00 AM

Trading is very important to us users of bitcoin, though gambling is more popular to us, trading is the best source of bitcoin. Gambling is more on risks and mostly depends on your luck. Gambling for me is a thing to spend my time, it is really fun gambling. Trading is the source of my bitcoin at the very start. Though trading has a disadvantage too, gambling still has many disadvantage.

True, another factor why gambling is much more popular than investing/trading is that because it is much easier to understand gambling. Investments/trading is really hard to understand and the learning curve is really high. You have to lose some money before you even earn something and learn from you mistakes. Unlike in gambling, you can just click and go. But the risk will always be higher in gambling than trading.

choppork

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Quote from: daringdiscovered on December 18, 2016, 04:09:19 AM

Gambling has higher risk of losing than trading. In trading you can minimize the risk of losing based on what you are trading. While in gambling it is difficult to win because of the house edge. There are many things that can help you in trading like its graph or you can based on news.

You can minimize the chance of losing in gambling as well by lowering the multiplier. I think the chart of altcoins are also random and there are no news about if it's going to decrease or increase. The only news that you can expect is the dev has ran away and that means the price is going to decrease. But then again even if the price has already decreased, it's not a good time to invest since it's just a scam coin at that time.

I haven't seen any news about the price increase. People don't announce if they're going to buy a certain altcoin at a certain time. The only sign that the price will going to increase is if the coin is starting to gain popularity and has shown potential of success.

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Trading is very important to us users of bitcoin, though gambling is more popular to us, trading is the best source of bitcoin. Gambling is more on risks and mostly depends on your luck. Gambling for me is a thing to spend my time, it is really fun gambling. Trading is the source of my bitcoin at the very start. Though trading has a disadvantage too, gambling still has many disadvantage.

dawnpot

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Trading outweigh gambling in every sense because it comes with discipline to wait for a long term turn over not an instant breakthrough like what the gamblers hope for. Gambling can also be turned into trading if the gambler has a particular order he/she follows over a long term.

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Quote from: BTCyuan$euro on December 12, 2016, 08:39:59 AM

Traiding is on the same level risk as gambling

I dont think so. For me gambling has a higher risk compared to trading. But their gap between each other is not that far. For example dice, you cant master it through the years while in trading the more you are do it you can master it.

daringdiscovered

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Gambling has higher risk of losing than trading. In trading you can minimize the risk of losing based on what you are trading. While in gambling it is difficult to win because of the house edge. There are many things that can help you in trading like its graph or you can based on news.

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Quote from: BTCyuan$euro on December 12, 2016, 08:39:59 AM

Traiding is on the same level risk as gambling

The risks of gambling and trading also does have almost the same level. but if we compare it with all the things that exist in the gambling and also trading then, I am sure we will vote trading. Because of all the facets of a more favorable trading and also more secure than we do gambling. one example that often we know that gambling will surely make everyone lose control while getting something good or bad. While in trading as they get it, and in fact become something of encouragement to mengalisa better again and eventually get better

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Traiding is on the same level risk as gambling

Script3d

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Quote from: Oralmat on December 12, 2016, 01:19:00 AM

Quote from: upsidedown75 on December 11, 2016, 01:29:05 PM

Quote from: prtty2gal2 on December 07, 2016, 07:59:41 AM

Trading and gambling cannot be same at the same time can give same results if we are not lucky.

You mean to say in trading also we must require luck to make profits ?
But this is not the case all the times because trading is not just based on luck factor. Maybe luck will multiply your profits but your skills will be more than enough to make some profits from trading. But in gambling you always need luck to have either small profits or big profits. No luck then no profits in gambling.

No way, in trading, definitely we need luck, that's why many people consider trading and gambling both are same. But i accept one thing that everyone have a different experience gain, So behind the experience, we have different thinking. But if i am talking about only luck, So i can't deny that without luck anything possible.

i disagree with you dont need luck in trading you just only need some skills and knowledge in trading but luck can be apply with trading , gambling too. in gambling you just only need luck except if your betting on sports,esports

Topic: Trading vs Gambling - page 67. (Read 24525 times)