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Topic: Which one is more risky? Skill-based gambling or trading? - page 22. (Read 9532 times)

newbie
Activity: 11
Merit: 0
Skill based game are still the most risky than trading because you can get any if you lose in gambling but if you are trader you know trading is much wise choice because you can gain a good profit and it is easy to make profit also you can not lose all if the price is going down you can be still sell them..
sr. member
Activity: 308
Merit: 250
- In my opinion, skill is only part of success, luck is the most important factor when trading or gambling
- Trading or gambling have a certain risks, but trading may be based on skills to reduce risk to the lowest level
- In gambling, skill is useless, it can not help us win

yes luck is the basic of all the games but still in trading experience  and skill with good knowledge also counts. therefore i will say that still skill based gambling is too much risky as compare to trading.
gambling is too risky than trading you can be skilled also in trading and i think you can prevent to lose more and manage it than in gambling if you lose in gambling you can not gain the rest or no guarantee unlike in altcoin if you see the price decreases you can be still sell it to recover some loses, or you can be still hold it and wait for the price increase before you sell to not lose. but most of the altcoin new are shit coin and they are turning dead few days back..
- In trading there are many situations that can happen, but we can use the skills and experience to solve problems
- In gambling only won and lost, we can not wait or hold the coin as in trading
- So I felt extremely safe trading than gambling
sr. member
Activity: 308
Merit: 250
- In my opinion, skill is only part of success, luck is the most important factor when trading or gambling
- Trading or gambling have a certain risks, but trading may be based on skills to reduce risk to the lowest level
- In gambling, skill is useless, it can not help us win

1. Skill is not a part of success, it's the reason why you had success on either skill-based gambling or trading.

2. That is true. But skill-based gambling requires skills too to reduce the risk level but sometimes there are unexpected things happening. Same when trading.

3. Nope, skill-based gambling would require for you to have both good skills and luck to win. Luck alone would just be purely gambling but when you used skills as well in skill-based gambling games like poker and sports betting, the odds of you winning are even better. You can see it from the name itself. "Skill-based".
- Yes, but it depends on the game, not any other game can also use skill, mostly have to rely on luck
- Even if we rely on the skills, the risk is still very high
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
I have voted for both have some risk.

Skill based gambling = Skill (<10%) + Luck (>90%)
Trading                   = Skill (>90%) + Luck (<10%)

We can't rely on luck but we can be confident on our skill which you can gain over time. So trading is better to risk if you have some trading skills.

What do you consider as Skill based gambling?

In my opinion Luck is taking a much bigger part in both of them, Trading is almost fully based on luck, you can not claim that the Luck percentage in trading is under 10%.
Unless you have an inside knowledge, I would say that Trading is fully based on luck!
Trading is not fully dependent on luck in my own opinion but still it really needs it in able to win a particular trade. Knowledge is the key on trading because how can you utilize your luck if you dont have any idea on trading?We cant rely on luck only since we do really need knowledge to execute our trades.Both things are risky but they do have different ways on making them both profitable.
full member
Activity: 238
Merit: 100
I have voted for both have some risk.

Skill based gambling = Skill (<10%) + Luck (>90%)
Trading                   = Skill (>90%) + Luck (<10%)

We can't rely on luck but we can be confident on our skill which you can gain over time. So trading is better to risk if you have some trading skills.

What do you consider as Skill based gambling?

In my opinion Luck is taking a much bigger part in both of them, Trading is almost fully based on luck, you can not claim that the Luck percentage in trading is under 10%.
Unless you have an inside knowledge, I would say that Trading is fully based on luck!
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
everyone would choose gambling as something more risky. because gambling need a fortune to get the best results.
while trading more leads to skill in thinking. when we can think carefully so we can benefit.

Not all the people does have the guts to choose more risky thing. And I'm pretty sure that more will choose trading because profits there are quite realistic and secure but with gambling you need to have full luck with it. Gambling is more risky as we all know about it and there are times that I'm sick of taking a risk and better to have sometime monitoring my trades.
sr. member
Activity: 1638
Merit: 300
I think both are risky as they all involve losing money at one point but I would feel comfortable playing as a skilled gambler as I might make a better profit in a short time than trading which requires patience for one to get a profit.

Yeah i think too that it is also a good one playing as a skilled gambler. Well i am a sports gambler but i still pick skill based gambling, it is because you can really make good decisions through that but i dont really know games and i am not really a good in skills so i will base on my analization.
legendary
Activity: 966
Merit: 1006
I have voted for both have some risk.

Skill based gambling = Skill (<10%) + Luck (>90%)
Trading                   = Skill (>90%) + Luck (<10%)

We can't rely on luck but we can be confident on our skill which you can gain over time. So trading is better to risk if you have some trading skills.
legendary
Activity: 1596
Merit: 1011
everyone would choose gambling as something more risky. because gambling need a fortune to get the best results.
while trading more leads to skill in thinking. when we can think carefully so we can benefit.
legendary
Activity: 2758
Merit: 1228
I would say that both of them have the same risk, since having a wide knowledge and skills on gambling is not a big guarantee for us to win on that aswell as in trading so i really can say that the said two areas are the same, theirs no good guy,lucky guys or whatsoever you can call that people who can make a passive profits on those sites,
hero member
Activity: 1470
Merit: 655
I think both are risky as they all involve losing money at one point but I would feel comfortable playing as a skilled gambler as I might make a better profit in a short time than trading which requires patience for one to get a profit.

They are surely both risky. As trading, it is an investment that has the risk to lose some of your capital as your profit is just depending on how the market moves. So, if the alt coins that you are going to buy will pump and you both that at lower price then you're profit will be guaranteed but when if their markets are falling, you are affected also.

the nature of the risk is very different in these things. for example in trading since you mentioned altcoins, nobody is forcing you to invest in pump and dump altcoins also known as shitcoins, you can invest in bitcoin and make profit or invest in good altcoins when they are cheap and not in a bubble and also make profit. risks in these both cases are easily predictable and manageable.

As long as you are already familiar with how the market moves then you can easily manage and predict markets for bitcoin and as well as good alt coins that has potential to include its name with bitcoin in the list. But I guess with skill-based gambling, you had also an advantage with it if you do have the right skill and familiarity with that certain game.

well that is true but it is not all of it.
in trading you can use stop loss strategies and that is not possible in gambling. for example on top of what i said before, when you buy an altcoin and the price of it goes down you can sell and stop the loss from getting big and then get in at the bottom to make back what you lost. and this is impossible with gambling.

generally you should try and have fun with gambling not kill your self on it Smiley
copper member
Activity: 2870
Merit: 1279
Try Gunbot for a month go to -> https://gunbot.ph
- In my opinion, skill is only part of success, luck is the most important factor when trading or gambling
- Trading or gambling have a certain risks, but trading may be based on skills to reduce risk to the lowest level
- In gambling, skill is useless, it can not help us win

yes luck is the basic of all the games but still in trading experience  and skill with good knowledge also counts. therefore i will say that still skill based gambling is too much risky as compare to trading.
gambling is too risky than trading you can be skilled also in trading and i think you can prevent to lose more and manage it than in gambling if you lose in gambling you can not gain the rest or no guarantee unlike in altcoin if you see the price decreases you can be still sell it to recover some loses, or you can be still hold it and wait for the price increase before you sell to not lose. but most of the altcoin new are shit coin and they are turning dead few days back..

Gambling has its ups and downs when concerning about earning a profit. You can't be so sure of it, you know? It's possible to get rich really fast in it, but it has its risk. When trading you can really maximize your knowledge with other alt coins, it could have a risk when you didn't research well enough.
hero member
Activity: 1386
Merit: 623
Maintain Social Distance, Stay safe.
- In my opinion, skill is only part of success, luck is the most important factor when trading or gambling
- Trading or gambling have a certain risks, but trading may be based on skills to reduce risk to the lowest level
- In gambling, skill is useless, it can not help us win

yes luck is the basic of all the games but still in trading experience  and skill with good knowledge also counts. therefore i will say that still skill based gambling is too much risky as compare to trading.
gambling is too risky than trading you can be skilled also in trading and i think you can prevent to lose more and manage it than in gambling if you lose in gambling you can not gain the rest or no guarantee unlike in altcoin if you see the price decreases you can be still sell it to recover some loses, or you can be still hold it and wait for the price increase before you sell to not lose. but most of the altcoin new are shit coin and they are turning dead few days back..
hero member
Activity: 588
Merit: 500
- In my opinion, skill is only part of success, luck is the most important factor when trading or gambling
- Trading or gambling have a certain risks, but trading may be based on skills to reduce risk to the lowest level
- In gambling, skill is useless, it can not help us win

yes luck is the basic of all the games but still in trading experience  and skill with good knowledge also counts. therefore i will say that still skill based gambling is too much risky as compare to trading.
hero member
Activity: 588
Merit: 500
- In my opinion, skill is only part of success, luck is the most important factor when trading or gambling
- Trading or gambling have a certain risks, but trading may be based on skills to reduce risk to the lowest level
- In gambling, skill is useless, it can not help us win

1. Skill is not a part of success, it's the reason why you had success on either skill-based gambling or trading.

2. That is true. But skill-based gambling requires skills too to reduce the risk level but sometimes there are unexpected things happening. Same when trading.

3. Nope, skill-based gambling would require for you to have both good skills and luck to win. Luck alone would just be purely gambling but when you used skills as well in skill-based gambling games like poker and sports betting, the odds of you winning are even better. You can see it from the name itself. "Skill-based".
sr. member
Activity: 308
Merit: 250
- In my opinion, skill is only part of success, luck is the most important factor when trading or gambling
- Trading or gambling have a certain risks, but trading may be based on skills to reduce risk to the lowest level
- In gambling, skill is useless, it can not help us win
legendary
Activity: 1148
Merit: 1006
I think both are risky as they all involve losing money at one point but I would feel comfortable playing as a skilled gambler as I might make a better profit in a short time than trading which requires patience for one to get a profit.

They are surely both risky. As trading, it is an investment that has the risk to lose some of your capital as your profit is just depending on how the market moves. So, if the alt coins that you are going to buy will pump and you both that at lower price then you're profit will be guaranteed but when if their markets are falling, you are affected also.

the nature of the risk is very different in these things. for example in trading since you mentioned altcoins, nobody is forcing you to invest in pump and dump altcoins also known as shitcoins, you can invest in bitcoin and make profit or invest in good altcoins when they are cheap and not in a bubble and also make profit. risks in these both cases are easily predictable and manageable.

Yup both are manageable and have the same risk. Trading requires yes more knowledge and investment and it depends on market price. But the profit is sure if you trade with the correct person. And here also we will get the loss but to compare skill games this is better. The skill games are completely depends on your skill set and luck. Sometimes if you have bad luck, your guessing will become wrong, and you will end with the big loss.
hero member
Activity: 1470
Merit: 655
I think both are risky as they all involve losing money at one point but I would feel comfortable playing as a skilled gambler as I might make a better profit in a short time than trading which requires patience for one to get a profit.

They are surely both risky. As trading, it is an investment that has the risk to lose some of your capital as your profit is just depending on how the market moves. So, if the alt coins that you are going to buy will pump and you both that at lower price then you're profit will be guaranteed but when if their markets are falling, you are affected also.

the nature of the risk is very different in these things. for example in trading since you mentioned altcoins, nobody is forcing you to invest in pump and dump altcoins also known as shitcoins, you can invest in bitcoin and make profit or invest in good altcoins when they are cheap and not in a bubble and also make profit. risks in these both cases are easily predictable and manageable.
hero member
Activity: 756
Merit: 500
For me both of them have a same risk but it defends on you how you handle that risk if you want to make more money to come on you  just do this both invest in trading and bet in sportsbook.

when you don't have the skills required for the games then it doesn't matter, both of them are the same. it is like playing poker for the first time against someone who is experienced in the game. you would be throwing darts in the dark.
but if you try and learn those skills required in those skill based games, you can slowly realize the difference.
Totally agree. If you do not have skills, you will definitely lose your money in both trading and sport betting. However, in gambling, I think no matter how skillful you are, the amount of loss can only reduce by 1 to 10%. In trading, you can become rich if you know some trick and obtain some experience from experts and you will easily earn some profit from this activity
Well its correct because in trading we have all the edge everything to make it successful are always available we just needed to search and study deeper so we can understand how we can get that advantage while in gambling no matter how good you are if luck doeant show up chances of losing is always at your side.
hero member
Activity: 812
Merit: 500
For me both of them have a same risk but it defends on you how you handle that risk if you want to make more money to come on you  just do this both invest in trading and bet in sportsbook.

when you don't have the skills required for the games then it doesn't matter, both of them are the same. it is like playing poker for the first time against someone who is experienced in the game. you would be throwing darts in the dark.
but if you try and learn those skills required in those skill based games, you can slowly realize the difference.
Totally agree. If you do not have skills, you will definitely lose your money in both trading and sport betting. However, in gambling, I think no matter how skillful you are, the amount of loss can only reduce by 1 to 10%. In trading, you can become rich if you know some trick and obtain some experience from experts and you will easily earn some profit from this activity

Skills base both are different, because in trading, we must need knowledge or skills. But in gambling, it depend on our games choice, which we are playing. But i can say that in gambling we can adjust without skills, because in gambling starting, we don't need skills and later on, everyone know every game how to play it. But in trading, without skills, we can't start it, even we couldn't do trading. In trading, first step to know the skill and knowledge than do it.
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