Trading vs Gambling - page 9. | Bitcointalksearch.org

8Habits

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Quote from: oHnK on December 21, 2017, 11:17:21 AM

Quote from: Caladonian on December 21, 2017, 05:14:11 AM

Quote from: kikoy999 on December 20, 2017, 11:46:53 PM

I'm talking about gambling quicker than it is but it's just too fast to beat it, but if trading is the way to earn more money because you're thinking about it well and you have an idea about it right now but I'm in gambling hard to win because most strategy that makes you lose even because every gambling is a risk taker only.

Every gamble needs a big luck behind, I think that's the difference between the two, luck also needed to make a good money inside trading but analysis will have a big role, knowing fundamentals and learning how to read the graph is our edge inside trading but with gambling we are just guessing and we are waiting for luck to accompany us to earn from this activity.

Luck is not really the crucial thing needed for trading because what matter the most in trading is not luck but it is information. If we know an information faster than anyone else then we will be able to secure a trade faster which means that we are getting advantage over the others. This kind of thing needs practice unlike gambling that 100 % rely on luck

I could not agree more that when you have the first-hand fresh information about a certain coin, you have the advantage of positioning yourself early before anybody else will going to buy it and this could give you ample chances of gaining big profits in the process.

oHnK

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Quote from: Caladonian on December 21, 2017, 05:14:11 AM

Quote from: kikoy999 on December 20, 2017, 11:46:53 PM

I'm talking about gambling quicker than it is but it's just too fast to beat it, but if trading is the way to earn more money because you're thinking about it well and you have an idea about it right now but I'm in gambling hard to win because most strategy that makes you lose even because every gambling is a risk taker only.

Every gamble needs a big luck behind, I think that's the difference between the two, luck also needed to make a good money inside trading but analysis will have a big role, knowing fundamentals and learning how to read the graph is our edge inside trading but with gambling we are just guessing and we are waiting for luck to accompany us to earn from this activity.

Luck is not really the crucial thing needed for trading because what matter the most in trading is not luck but it is information. If we know an information faster than anyone else then we will be able to secure a trade faster which means that we are getting advantage over the others. This kind of thing needs practice unlike gambling that 100 % rely on luck

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This can be simple explained both are highly profitable and risky from some point.
Gambling always have 50-50 chances on win unless you play safe on some small margin bet.
Trading can be little defensive you can cash out if you see that your investment didnt go well or it was a bad call.

Caladonian

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Quote from: kikoy999 on December 20, 2017, 11:46:53 PM

I'm talking about gambling quicker than it is but it's just too fast to beat it, but if trading is the way to earn more money because you're thinking about it well and you have an idea about it right now but I'm in gambling hard to win because most strategy that makes you lose even because every gambling is a risk taker only.

Every gamble needs a big luck behind, I think that's the difference between the two, luck also needed to make a good money inside trading but analysis will have a big role, knowing fundamentals and learning how to read the graph is our edge inside trading but with gambling we are just guessing and we are waiting for luck to accompany us to earn from this activity.

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Quote from: kodes88 on December 20, 2017, 09:08:41 PM

Quote from: chalbinov on December 20, 2017, 02:27:26 PM

with gambling you can get rich faster, also you can broke faster but with trading you have usually an other chance.
Both are risky but with gambling you can lose everything.

In trading, if you are patient you will get a profit slowly. Even if you fail, you will be losing slowly too and have time to anticipate it so that no big loss. In gambling, you can get rich quickly if you are lucky, but you can also fall into poverty quickly and when that happens you do not have time to anticipate it.

besides that, if you do trading, if you fail and don't have time to anticipate, there will be another time to see the price increase back and you need to wait and hold the coins. but in gambling, if you fail without no time to anticipate then there is no time to see the money will back to you even if you are waiting.

kikoy999

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I'm talking about gambling quicker than it is but it's just too fast to beat it, but if trading is the way to earn more money because you're thinking about it well and you have an idea about it right now but I'm in gambling hard to win because most strategy that makes you lose even because every gambling is a risk taker only.

Finestream

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Quote from: kodes88 on December 20, 2017, 09:08:41 PM

Quote from: chalbinov on December 20, 2017, 02:27:26 PM

with gambling you can get rich faster, also you can broke faster but with trading you have usually an other chance.
Both are risky but with gambling you can lose everything.

In trading, if you are patient you will get a profit slowly. Even if you fail, you will be losing slowly too and have time to anticipate it so that no big loss. In gambling, you can get rich quickly if you are lucky, but you can also fall into poverty quickly and when that happens you do not have time to anticipate it.

High risk are not good for people who are not smart enough, gambling is a high risk activity and most of us will lose in gambling since we do not have an edge to win, it's better to take it slowly as long as you can consistently do it because all we aim is just to reach on our goal which is success.
We can learn in trading while we continue to do it, while in gambling it seems to be difference, we lose more when we get too aggressive.

kodes88

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Quote from: chalbinov on December 20, 2017, 02:27:26 PM

with gambling you can get rich faster, also you can broke faster but with trading you have usually an other chance.
Both are risky but with gambling you can lose everything.

In trading, if you are patient you will get a profit slowly. Even if you fail, you will be losing slowly too and have time to anticipate it so that no big loss. In gambling, you can get rich quickly if you are lucky, but you can also fall into poverty quickly and when that happens you do not have time to anticipate it.

batang_bitcoin

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Quote from: chalbinov on December 20, 2017, 02:27:26 PM

with gambling you can get rich faster, also you can broke faster but with trading you have usually an other chance.
Both are risky but with gambling you can lose everything.

And you can have hard time in recovery when it comes to gambling. But in trading, though there are times that your coins are starting to fall but after a couple of days or a week or two it will pump again. This is how the market in trading works and it's not for the weak handlers or for people that has weak heart and the same goes with gambling but in gambling everything there is very quick.

BUK2016

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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

Well, gambling and trading are almost similar but still there is a different between trading and gambling. I have had a lot of trading experience for so many years and I have made a lot of money from trading Forex and crypto currency but just started gambling of recent and am yet to see more of what I can earn from gambling as whether it can be compared with trading. Trading is not like gambling all you need to be successful is to have a good knowledge of technical and fundamental analysis.

chalbinov

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with gambling you can get rich faster, also you can broke faster but with trading you have usually an other chance.
Both are risky but with gambling you can lose everything.

megynacuna

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Quote from: Clarkduco on December 18, 2017, 06:31:41 PM

I prefer to trading than gambling. But since my account verification hasn't processed in poloniex and bittrex until now, while my bitcoin still stored quite large there. So, now i am really feel almost desperate, so sometimes i gambling and lose.

It's sad but most of these exchanges also need the verification to prove your identity, if you are not living in Europe or north America i guess you are faced with such verification problems but it normally pays off after you get verified so don't get desperate and loose your store of bitcoins... Hold them.

Clarkduco

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I prefer to trading than gambling. But since my account verification hasn't processed in poloniex and bittrex until now, while my bitcoin still stored quite large there. So, now i am really feel almost desperate, so sometimes i gambling and lose.

RealPhotoshoper

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Quote from: bhadz on December 13, 2017, 05:39:52 PM

Quote from: tmawheba on December 11, 2017, 11:55:26 PM

Trading and Gambling travel in the two different directions. One is Hard work and another one only on luck. One is if you not follow carefully there is chances of loosing your investment another one is if you not even carefully chances of loosing what you invested.

There are gambling games that you mostly need hard work too, working with analysis and that goes with sports betting and poker. Trading is given that you need more time to analyze and study on how the market goes around, how does it pump and where it solely getting it's price to be go down. While in gambling, you just need to used to it and study on how the game works and it's up to you on how you'll beat the game, your opponents but beating the house is impossible.

But still you know in the end luck always has bigger role to determine the outcome.
You cannot do much to expect any action could have a big influence into the outcome in gambling , all of them is random basicslly.
Where trading isn't random thing since first day it live.

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Quote from: 8Habits on December 18, 2017, 10:27:09 AM

you are right there mate that there is really good potential big gains when you buy a very promising ICO and that you need to do your home work and due diligence though before investing to new altcoins.

Not all ICO are good, we are calling it promising at the beginning and when suddenly it changes and implements it dark plans it will turn to be a scam. I'm not generalizing them but there are some it that aren't trustworthy so just avoid those projects.

Yanisumin

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Quote from: bhadz on September 25, 2017, 07:28:30 AM

Quote from: jamyr on September 23, 2017, 09:37:22 AM

Correct. But again investing on trades can be a lot painful if shit happens. Well shit happens most of the time, just like what happened to doge. It went from 25-100+ sats back to 25sats a coin. What a bummer

There's no investment that will not give you headache or pain when something is happening crazily. There are so many challenges that will make your heart stronger when you are trading with alt coin and this is going to be one of the hardest part in trading. But even this is happening I'm not going to give up and I'll keep on trading with alt coins while gambling also for my stress reliever.

Specially when the market is very volatile, but I guess this december is a good trading month because altcoins is up and almost everyone is up.
When it comes to the trading and gambling thing I think gambling is more intense because you can lose almost anything there, unlike in trading altcoins, when you are slightly late to sell the price, you don't lose everything but rather you lose a portion of your profit because you sell at the lower amount than what you buy. You can either take a step back and see if there are some other options unlike in gambling you have no options but to believe in pure luck which is unhealthy to your wallet. And yes gambling is a pretty much for entertainment but i think I can recommend doing both because you might lose what you have earned in trading.

Quote from: EdenHazard on October 10, 2017, 12:06:47 AM

Quote from: Soranith on October 09, 2017, 06:37:34 PM

Quote from: 8Habits on October 09, 2017, 09:33:27 AM

Quote from: Carmen01 on October 07, 2017, 07:48:56 AM

Both are risky but i go for trading because you can invest for long term to earn and its sure profit but in gambling you need a long process to be expert me i earn in gambling but not big like my earnings in trading so i go for trading but i like also gambling

I agree that you can make really good money with trading cryptocurrencies. This is the current trend among traders and when you are like the professional traders who always honing their trading knowledge and skills, then you are up for a big treat when trading altcoins with bitcoin.

Yes we can make a good money out of trading but then people especially newbies misinterpret this and jump into trading right away without any knowledge and that is the reason why they lose a lot of money. You are right that skills and proper trading should be equipped to be successful in this field.

even when you have done trading through proper way like making analysis , collect informations here and there , get a lot of experience you will still have risk to lose some money , you should know about that , trading was not as easy as people said.

in the end trading and gambling has a fair risk with fair return , you just have to choose to take the low risk or bigger risk?

Sometimes its not just all about analysis and technical stuffs,(because I trade main crypto, I only do that when there is a new coin in town) I trade ETH and other main crypto and patiently waiting for the price to change, what I'm just doing is let my patience turn through my entire veins, and I never lose my profit trading Ethereum to be honest.

8Habits

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Quote from: Bardman on December 15, 2017, 06:21:28 AM

I personally found out that investing in new ''promising'' coins is the best way to go. Sure most of them might not end up doing anything and some of them end up being scams but the ones that succeed have the potential to do a x100. From 100 coins that you invest in, only one needs to succeed and you will still make some profit (considering that is very hard to lose all your money in such investments because it's very hard for a coin to go to 0$ unless they fully scam and even then you have some time to sell your coins at a very low price)

you are right there mate that there is really good potential big gains when you buy a very promising ICO and that you need to do your home work and due diligence though before investing to new altcoins.

Bardman

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I personally found out that investing in new ''promising'' coins is the best way to go. Sure most of them might not end up doing anything and some of them end up being scams but the ones that succeed have the potential to do a x100. From 100 coins that you invest in, only one needs to succeed and you will still make some profit (considering that is very hard to lose all your money in such investments because it's very hard for a coin to go to 0$ unless they fully scam and even then you have some time to sell your coins at a very low price)

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Quote from: Ziskinberg on December 13, 2017, 05:10:32 PM

Quote from: EdenHazard on December 13, 2017, 05:04:25 PM

Quote from: noormcs5 on November 08, 2017, 10:41:21 AM

Quote from: Manchumichael on November 05, 2017, 07:05:53 AM

Quote from: BitcoinIsAlgebraic on November 05, 2017, 05:45:16 AM

Trading is better due to Bitcoin having a much more likely chance of going up in price whilst gambling there is always a house edge.

Yup we can't beat house edge, so doing trading is the best and here the risk is less to compare gambling.

Of course we can't beat house edge, in gambling we win or lose, most of the time, we have lost, winning is bless of our luck. Then in the other side, if we choose trading than gambling, so it is better for us, because in it, we have less lose, but we can't deny of risk.
But i said it always choose which thing suit you, now gambling suit me than trading, so i will choose gambling.

i just think gambling did not have a good ends for most people.

while trading has better story , if you look at other people experiences you will know that gambling actually has nothing beneficial . gambling always about how to make money quickly and how to lost it quicker than when you try to make it before and so on.

It does not only give benefits if you are greedy with the money or the amount you can win in gambling because you keep hoping to win and you will never gonna win as you expected. If we keep gambling hoping to win a big amount of money, we will end up losing only a big amount, so for me, the only benefits you can get is to solely treat gambling as a way to entertain yourself and nothing else.

even in trading when you go become greedy you will never ever get the benefit , just loss and more losses as time goes by it will feel like you are gambling , then there is no difference in the end , so make sure you really understand about everything involve in trading.

otherwise nothing good both on trading and gambling no matter what .

bhadz

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Quote from: tmawheba on December 11, 2017, 11:55:26 PM

Trading and Gambling travel in the two different directions. One is Hard work and another one only on luck. One is if you not follow carefully there is chances of loosing your investment another one is if you not even carefully chances of loosing what you invested.

There are gambling games that you mostly need hard work too, working with analysis and that goes with sports betting and poker. Trading is given that you need more time to analyze and study on how the market goes around, how does it pump and where it solely getting it's price to be go down. While in gambling, you just need to used to it and study on how the game works and it's up to you on how you'll beat the game, your opponents but beating the house is impossible.

Topic: Trading vs Gambling - page 9. (Read 24525 times)