Trading vs Gambling - page 80. | Bitcointalksearch.org

fullypak

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Quote from: bering on July 23, 2016, 02:56:57 PM

both are very risky to losing my money but my knowledge in trading very less and that's why i personally prefer to gambling although my gambling results not always good but i felt confident to gambling than do a trading

Yes, if a person doesn't know how to trade then both got almost equal chances of losing money. But if one got some knowledge of trading then they may not lose all money quickly in trading like in gambling. Anyway, gambling is meant for having fun, but we all are using it for making money out it and in trading we can't enjoy that fun part. I prefer to do trading to make some profit over gambling.

Ryan Dugan

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Trading is better you can learn the market place and stocks but gambling you can learn nothing with but lose everything. Seems very easy for making a decision for which to do.

jostorres

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Quote from: maku on July 23, 2016, 03:25:43 PM

To summarize this topic: If you are afraid of losing money - then either gambling or trading is not for you.
The only risk free method of gaining money is bank deposit with interested rates. Other than that you will risk your money.

Discussing what is more risky gambling or trading has zero chances of ending with the right conclusion so we better stop now.

Yes, well said. Just wanted to add little more :
Gambling can never be a trading. But trading has chances to become gambling.
If you believe on your luck then your trading will gamble with you. When you are gambling, your luck is being traded.

For a common man both gambling and trading might seems same. But, when you are into either on of them, you will realize the differences.

maku

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To summarize this topic: If you are afraid of losing money - then either gambling or trading is not for you.
The only risk free method of gaining money is bank deposit with interested rates. Other than that you will risk your money.

Discussing what is more risky gambling or trading has zero chances of ending with the right conclusion so we better stop now.

olubams

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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 agree with you that both possesses a common characteristics which is on the basis of winning on both which is chance although that makes them similar but not the same thing because what differentiate them is the amount of risk involved and this is a major factor in deciding which one to go for out of the two options... My 2 cents...

bering

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both are very risky to losing my money but my knowledge in trading very less and that's why i personally prefer to gambling although my gambling results not always good but i felt confident to gambling than do a trading

Daffadile

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Quote from: BTCdoaA on July 22, 2016, 08:22:46 AM

gambling is good but trading is the best because it depends on knowledge only no need for luck here an old tips for fresh comers :

https://bitcointalk.org/index.php?topic=1340284.new#new

Those are not really tips those are basic and common knowledge. I agree though that trading is better, you can make a lot more you can even fold your money over multiple times just like with gambling but sometimes it;s just small amounts but at least it is some and much more consistent than gambling will ever be.

StoreBit

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if you really want to remain safe and do not take risk of losing your money then you should only compromise on trading. because there is comparatively less risk of loosing your own investment as in gambling.

Ryan Dugan

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For trading you must have knowledge. For gambling you need nothing only luck to win. Knowledge will increase the chance with betting and also something does happen unexpected you can lose but it is more fair then to gamble. To gamble it isn't fair. The win on the gamble has no knowledge or skill.

bitcoinboy12

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Quote from: poptok1 on July 22, 2016, 08:32:42 AM

Quote from: SyGambler on July 22, 2016, 06:43:03 AM

trading is gambling in definition , where you have to risk money in order to win money
and i you just buy and hope or open random orders then trading is worse than gambling
but you can make money if you work hard and study the market , same with poker which is considered as a gambling too

Yes, you are right. In definition they are very close to each other but practice shows that they are completely separate. Subject like risk management, crowd behaviour, fluctuations are distinguishing them both. There is one more feature which makes them different from one another and its a fun factor

Yes, you can take joy from trading but only when you are successful, gambling however, different story. For me trading is like hard work where gamble is pure fun. Risks are similar, rewards also can be alike but fun never will be.
Personally I find trading more stressful, much more than gambling.

Yep. And if you think about it. The stress in gambling only comes after the game. Whether you won or lost an amount. There will always be stress that accompanies a gambler. It's an addiction it's a real problem for some others.

poptok1

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Quote from: SyGambler on July 22, 2016, 06:43:03 AM

trading is gambling in definition , where you have to risk money in order to win money
and i you just buy and hope or open random orders then trading is worse than gambling
but you can make money if you work hard and study the market , same with poker which is considered as a gambling too

Yes, you are right. In definition they are very close to each other but practice shows that they are completely separate. Subject like risk management, crowd behaviour, fluctuations are distinguishing them both. There is one more feature which makes them different from one another and its a fun factor

Yes, you can take joy from trading but only when you are successful, gambling however, different story. For me trading is like hard work where gamble is pure fun. Risks are similar, rewards also can be alike but fun never will be.
Personally I find trading more stressful, much more than gambling.

Mark02

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Quote from: buddu on July 22, 2016, 08:24:48 AM

I will prefer to do altcoin trading because it has very good potential to get decent amount in return. Trading has very good safety as compare with gambling where we have no chance for survival. Although I'm playing on some dice sites and like sports betting too.

Good point, to be honest I started earning bitcoins by gambling. So, I became addicted to it because i'm winning. But, there was this time that all of my BTC's are constantly loosing to gambling sites so I decided to quit it and find another investment that will make me earn BTC with less risk. And that was the time that I started trading. And it has a positive impact, now i'm earning BTC by trading and hoping to reach my goal(have at least 1 BTC) and soon, i'm going to do that. Cheesy

buddu

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I will prefer to do altcoin trading because it has very good potential to get decent amount in return. Trading has very good safety as compare with gambling where we have no chance for survival. Although I'm playing on some dice sites and like sports betting too.

BossMacko

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Trading is better than any gambling game. Because if your expectation did not happened you will not lose instant. You can wait until you think you will earn or you can give up sell the coin and buy a different coin that you will think you will earn. Unlike in gambling there are many methods but every methods will make you lose in the long run.

BTCdoaA

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gambling is good but trading is the best because it depends on knowledge only no need for luck here an old tips for fresh comers :

https://bitcointalk.org/index.php?topic=1340284.new#new

Bestwishes745

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Quote from: European Central Bank on July 22, 2016, 06:34:07 AM

if i had the skillz i'd be trading but i don't got the patience or the knowledge. gambling's strictly fun for me. i don't think trading's gonna have quite the same fun somehow.

If you start to take interest in trading and become serious for starting trade then it will take no time for you to learn trading with bitcoin, The actual problem with you is that you got fun at gambling and now you are unable to leave that place.

neochiny

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Crypto.games

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

yes they seem a little bit similar in that area, but very different in longer time period, e.g. if you play poker continuously
you might win, but if some new player enters the game your win streak might be beaten even if you are an experienced poker
player, unlike in trading if you do trading longer and gain more experience you will be more successful the longer you
do trading.

densuj

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I trade cryptos coins using system of trading ( some people call it trading plan) are like analysis tecnical, management margin and risk, time for exit and entry to market, psicology trading. And on gambling i just can apply some way are like management margin and risk because i play gambling just for fun.

pvaspecialist

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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

Trading and Gambling both are different.In trading you need experience and you have control over your trade,you can trade by market watching,prediction,people intention etc and you have control when ever you want to quiet.beside Gambling you can just wait for your luck,if your luck is good you will win if your luck is bad you will lose.you don't need any technical experience like baby's game.

Wendigo

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Trading is a lot more time-consuming and requires a lot more knowledge and free time than sportsbetting for example and that's why I don't like it very much. Gambling is perfect for having quick fun with the perspective of earning some free cash here and there and that is a lot more convenient for me. And as I have a day job I can't be spending any time day trading as well and that is a major no-no for me.

Topic: Trading vs Gambling - page 80. (Read 24512 times)