Which one is more risky? Skill-based gambling or trading? - page 24.

crwth

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Quote from: KennyR on January 14, 2017, 04:10:14 AM

Quote from: molsewid on January 13, 2017, 10:31:01 AM

I experience this twoo but in my experience trading is much more safer than gambling that they both risk money, In trading you can minimize how much you spend to grow , also in gambling but you can't sure your profit in gambling in trading you can assured your profit in short term of trading.

I too believe that trading is better than gambling for the above mentioned reason. Skill based gambling too is risky, because however perfect we make strategy finally we are supposed to depend upon luck. So all time gambling is just a do or die game to risk for an earning.

Depending on your skill on the game, you could say it's almost equal risk, if not better against trading. When you are excellent player with that, you could say that you could win easy money. It's still based on luck.

Trading is all about chance and timing with the price. It could also result into losses if you're not that patient and just wants to earn fast, better go with gambling.

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Quote from: molsewid on January 13, 2017, 10:31:01 AM

I experience this twoo but in my experience trading is much more safer than gambling that they both risk money, In trading you can minimize how much you spend to grow , also in gambling but you can't sure your profit in gambling in trading you can assured your profit in short term of trading.

I too believe that trading is better than gambling for the above mentioned reason. Skill based gambling too is risky, because however perfect we make strategy finally we are supposed to depend upon luck. So all time gambling is just a do or die game to risk for an earning.

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Quote from: Oilacris on January 13, 2017, 02:41:41 AM

Quote from: bhadz on January 12, 2017, 11:35:16 PM

Quote from: Johansson6 on January 12, 2017, 09:41:10 PM

Gambling stays more risky because you do not have any grab on it you lose or you win, trading is still a bit on the control.

If you think that gambling stays more risky and what do you think about trading? Isn't it risky either? Both of them are risky and it will just depend on the person on how he is good for each of them. Just like me, I can say that sometimes I am good with skill-based gambling but there are times that it is really not doing good with me, vice versa with trading. It really depends on the person.

Gambling and trading do really have risk and they are really different on how you gonna execute them and how good you are.There are gambling games do fully rely on luck and some needs skills and knowledge on which you will also need on sustaining into trading.We know that its not an easy thing and it really takes time before you could able to master it and lessen the risk.

Let's just remove those full luck-based games because we are going to be out of topic with it. Applying to both trading (or should I say it is also a skilled base investment) and skill-based gambling are not an easy way to earn profit. But I know some of the people here are so called professionals for both and making these two as their professions.

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Both are risky, and the answer to your question depends on the person who is doing it. If such person has skilled in gambling then I would say trading is more risky to him, it's very rare to see people that are good in many things. There's should be a source of income that you are extremely good. In my experience as a gambler and as a trader, I have more profit in the trading side, so trading it for me.

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Quote from: BlockEye on January 12, 2017, 11:32:35 PM

Quote from: bbc.reporter on January 12, 2017, 09:51:51 PM

All answers here are very simple and spammy bordering to nonsense. I shows that you people do not read a lot.

To answer the question, my opinion on it would be it depends. If you are a gambler in skill based games like poker or sportsbetting then the risk you are taking would depend on your style. Are you a loose gambler or a tight one? Another thing is the kind of poker game or sport you are gambling in. Some are riskier than others because of the nature of the poker game or the sport.

In trading it also depends. Do you trade cryptocoins or bonds? It has the same idea as explained because one is riskier than the other. Which one is that should be obvious.

LOL. IMHO, your opinion is not different to all the post you criticize above, You don't gave any answer and just enumerate and distinguished what type of trading and skill-based gambling. But i agree with you that all scenario has a case to case basis to decide for what is more riskier.

IMO, Skill-based gambling is more riskier because it is just a gambling no matter what how skilled a user, it is just a game of luck and probability to win. Unlike trading, you will not lose if you know much on it and not easily carried away for price pump/dump behavior. Actually loss on trading is just a paper loss once you didn't give up your coin, But always avoid shit coin because it is easy to distinguish

I have a question. Are you a professional trader or skill based gambler that has been doing it for many years for a living? If not then who are we all to say for sure that one is riskier than the other? I answered it depends because it really depends and I have no real knowledge on skill based gambling and trading except for the few bets and trades I have done. Just because I did a little of this or that does not mean I am an expert. That goes them same for everybody else who are not professional gamblers and traders.

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Trading stays in my eyes better but its also depending on what kind of gambling game, trading is risky but not more riskier than gambling in the overall.

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Quote from: molsewid on January 13, 2017, 10:31:01 AM

I experience this twoo but in my experience trading is much more safer than gambling that they both risk money, In trading you can minimize how much you spend to grow , also in gambling but you can't sure your profit in gambling in trading you can assured your profit in short term of trading.

to me although risk factor is involve in both trading and skill basses gambling, but still it depend on you if you are good in trading and you have good experience and knowledge about trading then trading is safe because sill skill based gambling you still need to depend on your luck.

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Quote from: molsewid on January 13, 2017, 10:31:01 AM

I experience this twoo but in my experience trading is much more safer than gambling that they both risk money, In trading you can minimize how much you spend to grow , also in gambling but you can't sure your profit in gambling in trading you can assured your profit in short term of trading.

In reality both have no big difference but I also will do agree trading is more safer as compare with skill based gambling. No doubt any person who have good knowledge about the market direction than he has high chance to make profit in short term.

molsewid

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I experience this twoo but in my experience trading is much more safer than gambling that they both risk money, In trading you can minimize how much you spend to grow , also in gambling but you can't sure your profit in gambling in trading you can assured your profit in short term of trading.

ArtPlayer

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For your average Joe it's obviously trading.

Simple people are often being convinced that you could make an easy buck "trading". Even by their own bank.

Most people who gamble are well aware that they won't get rich out of it, and those who lose heaps are basically addicts.

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Quote from: ethereumhunter on January 13, 2017, 08:28:14 AM

i think both is more risky even if we are skill based gamble or pro trader with many of experience in trading because if we are with the both option then we need the last option to make the risk is lower which is luck because all the things that happen with skill based gambling and trading is need luck to make money or profit.

Yes, luck is the final thing which decides the profits in both trading and in all types of gambling. Skill based a gambling sometimes seems similar to trading still there are many incidents from my own experience where even my skills did not guarantee any profit and I faced losses. If I were lucky, I would have made profits.

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i think both is more risky even if we are skill based gamble or pro trader with many of experience in trading because if we are with the both option then we need the last option to make the risk is lower which is luck because all the things that happen with skill based gambling and trading is need luck to make money or profit.

raaajlucky

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Trading is more risky, because without having the proper knowledge you can not able to do trading. You need to be a pro in trading then only you can able to make money in trading. And skill games also risky but here you will get a chance to use more strategies and for ex in sports betting if you don't know the game based on experts knowledge you can choose your bet. But in trading this type of facilities not there.

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Quote from: J Gambler on January 13, 2017, 06:49:02 AM

for me both of them are risky where if you don't know what to do you will be on the 50/50 % chance of loosing or bigger chance to lose your money. I don't considered newbie to try gambling just to gain experience i always based on trading where people need me to teach about this i haved group where they discuss about tradings of alternative coins.

Yes both of them are just the same when it comes to risk. But for me if we are going to see on what is more exciting, I will go with skill-based gambling. I usually try to make myself enjoy and fulfill some excitement that I've been looking for. Although trading is good to have some decent profit if you are also a skilled trader but gambling is more fun.

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Quote from: michkima on January 13, 2017, 04:38:12 AM

I think it would still be skill-based gambling. It is still gambling and you still rely on chance. If you're talking about poker, then there are still chances that the cards will never favor you throughout the game. In trading, you can remove some of the risks and increase your chances of earning if you put some effort in studying the assets you plan to buy. However, if you are just merely trading based on indicators, then that is a gamble which is similar to skill-based gambling already.

well you are correct chances inside gambling really have a hard to assess there's still a much bigger risk involved since you are just waiting for luck to come on your way, unlike with trading you have a lots of time to study and review the product or stocks that you will be buying knowing the flow and understanding it well to assess your edge.

J Gambler

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for me both of them are risky where if you don't know what to do you will be on the 50/50 % chance of loosing or bigger chance to lose your money. I don't considered newbie to try gambling just to gain experience i always based on trading where people need me to teach about this i haved group where they discuss about tradings of alternative coins.

michkima

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I think it would still be skill-based gambling. It is still gambling and you still rely on chance. If you're talking about poker, then there are still chances that the cards will never favor you throughout the game. In trading, you can remove some of the risks and increase your chances of earning if you put some effort in studying the assets you plan to buy. However, if you are just merely trading based on indicators, then that is a gamble which is similar to skill-based gambling already.

terrate

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Trading more risky.
Because it use time plus broker fee.
gambling simple, lose is lose. u can see your loses in short time.

but trading u will need to set profit/loss and maybe use more bankroll to keep your position alive.

If u have many funds, trading will less risk.

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Quote from: Kemarit on January 13, 2017, 04:07:50 AM

Skill based gambling for me is more riskier. While there is also a risk factor in trading, we are not totally in the dark. There are "tools" or fundamental analysis that can help you eliminate the risk as possible. Trading is not about luck, you can watch and analyze the market and keep an eye on it and based on your studies make your move.

Agree,trading is really much better for me compared on skill-based gambling because there are instances that trading could have higher chance of gaining profit or money but it would really need knowledge same as skill-based gambling but results or winning percentage arent the same in my own view.

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Skill based gambling for me is more riskier. While there is also a risk factor in trading, we are not totally in the dark. There are "tools" or fundamental analysis that can help you eliminate the risk as possible. Trading is not about luck, you can watch and analyze the market and keep an eye on it and based on your studies make your move.

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