Which one is more risky? Skill-based gambling or trading? - page 4.

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Quote from: Phalo on November 20, 2017, 10:33:30 PM

I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

You are one person which i see who said that trading is more risky than skill based gambling. It is your experience, that's why you are saying it, but in my experience, i know skill based gambling, depend on our skills, so same thing is happen in trading. We do trading behalf of our skills then i don't see any different between skill based gambling and trading, for me both are same.

I agree. You see skill based gambling is a lot more similar to trading than most types of gambling games. You'll have a good chamce of getting good results if you prepare and study first the aspects that can give you an advantage. That applies for both.

Since they both requires skills to win or to earn, then it is really much better , having knowledge on something is already an advantage for us to be able to win, but still needs a proper timing and application to truly gain on both activities.

Just focus on what you think you have the advantage, skilled based gambling is not very popular because majority of the gamblers has no skills, they just want to be based on luck so they lose most of the time. What is the best way to make money now IMO is through trading because you control your destiny and the good thing is the entire crypto market is growing, so as long as you know how to manage your capital, you can earn regularly.

you could learn how to become a player that has a lot of skills, but the real question are about how worth it is?considering gambing would never give you profit in the long run you should decide what you gonna do then and that's pretty clear trading without any skill has lower risk than any kind games to gamblie. you won't get hurt much with trading.

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Quote from: BitcoinPC on November 22, 2017, 01:36:54 AM

Quote from: Phalo on November 20, 2017, 10:33:30 PM

I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

You are one person which i see who said that trading is more risky than skill based gambling. It is your experience, that's why you are saying it, but in my experience, i know skill based gambling, depend on our skills, so same thing is happen in trading. We do trading behalf of our skills then i don't see any different between skill based gambling and trading, for me both are same.

Both need the luck to make money, but both are not exactly same. In gambling whatever game you can play it maybe skill game or slot game finally your result will be based on your luck. But in trading is not like that you are looking for instant profit then you need luck or else if you wait then 100% you will make profit or else at least you can get back your investment,

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Quote from: Phalo on November 20, 2017, 10:33:30 PM

I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

You are one person which i see who said that trading is more risky than skill based gambling. It is your experience, that's why you are saying it, but in my experience, i know skill based gambling, depend on our skills, so same thing is happen in trading. We do trading behalf of our skills then i don't see any different between skill based gambling and trading, for me both are same.

I agree. You see skill based gambling is a lot more similar to trading than most types of gambling games. You'll have a good chamce of getting good results if you prepare and study first the aspects that can give you an advantage. That applies for both.

Both gambling and trading are risky because you put money on it. It will become more risky when it comes to bigger money involved. Not only gambling that need a skill but also trading because it needs analysis and monitoring.

it will be a risk if you don't have any idea with things you are working with, but if you have some the risk will be lessen, traders select this option
because they understand how to handle situation which is common inside exchange, with gambling mostly people with vices are the one who
played with it, those who easily got addicted.

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Quote from: BitcoinPC on November 22, 2017, 01:36:54 AM

Quote from: Phalo on November 20, 2017, 10:33:30 PM

I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

You are one person which i see who said that trading is more risky than skill based gambling. It is your experience, that's why you are saying it, but in my experience, i know skill based gambling, depend on our skills, so same thing is happen in trading. We do trading behalf of our skills then i don't see any different between skill based gambling and trading, for me both are same.

a little bit confusing when you keep comparing this two similar thing , let's take an example like how a skilful or professional gambler make money vs a newcomer in trading , which one will get the money ? of course a professional gambler.

in that case gambling better choice for them , so it is depends on the situation you compare it.

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Quote from: BitcoinPC on November 22, 2017, 01:36:54 AM

Quote from: Phalo on November 20, 2017, 10:33:30 PM

I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

You are one person which i see who said that trading is more risky than skill based gambling. It is your experience, that's why you are saying it, but in my experience, i know skill based gambling, depend on our skills, so same thing is happen in trading. We do trading behalf of our skills then i don't see any different between skill based gambling and trading, for me both are same.

I agree. You see skill based gambling is a lot more similar to trading than most types of gambling games. You'll have a good chamce of getting good results if you prepare and study first the aspects that can give you an advantage. That applies for both.

Both gambling and trading are risky because you put money on it. It will become more risky when it comes to bigger money involved. Not only gambling that need a skill but also trading because it needs analysis and monitoring.

If you want to make more profits then you have to invest a bigger amount in any investments otherwise you can't earn big money. Trading needs knowledge and if you don't know how to trade then better just buy some good coins and hold for its prices go high to sell. Skill-based games are very risky because results depend on our luck so better choose an investing on some good coins.

Actually, both are risky which will depends on your strategy and definitely on your luck. Choosing between two I prefer in trading, trading has a huge changes and having potential to boost the value of different altcoins and less percentage on its risk, but as long as you always updated or monitored all its value while in gambling having a high risk compared to trading because gambling may lead as you become greedy and might ruins your financial due to its challenges games.

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Quote from: Phalo on November 20, 2017, 10:33:30 PM

I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

You are one person which i see who said that trading is more risky than skill based gambling. It is your experience, that's why you are saying it, but in my experience, i know skill based gambling, depend on our skills, so same thing is happen in trading. We do trading behalf of our skills then i don't see any different between skill based gambling and trading, for me both are same.

I agree. You see skill based gambling is a lot more similar to trading than most types of gambling games. You'll have a good chamce of getting good results if you prepare and study first the aspects that can give you an advantage. That applies for both.

Since they both requires skills to win or to earn, then it is really much better , having knowledge on something is already an advantage for us to be able to win, but still needs a proper timing and application to truly gain on both activities.

Just focus on what you think you have the advantage, skilled based gambling is not very popular because majority of the gamblers has no skills, they just want to be based on luck so they lose most of the time. What is the best way to make money now IMO is through trading because you control your destiny and the good thing is the entire crypto market is growing, so as long as you know how to manage your capital, you can earn regularly.

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Quote from: gabmen on November 24, 2017, 05:33:07 AM

Quote from: BitcoinPC on November 22, 2017, 01:36:54 AM

Quote from: Phalo on November 20, 2017, 10:33:30 PM

I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

You are one person which i see who said that trading is more risky than skill based gambling. It is your experience, that's why you are saying it, but in my experience, i know skill based gambling, depend on our skills, so same thing is happen in trading. We do trading behalf of our skills then i don't see any different between skill based gambling and trading, for me both are same.

I agree. You see skill based gambling is a lot more similar to trading than most types of gambling games. You'll have a good chamce of getting good results if you prepare and study first the aspects that can give you an advantage. That applies for both.

Since they both requires skills to win or to earn, then it is really much better , having knowledge on something is already an advantage for us to be able to win, but still needs a proper timing and application to truly gain on both activities.

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Quote from: gabmen on November 24, 2017, 05:33:07 AM

Quote from: BitcoinPC on November 22, 2017, 01:36:54 AM

Quote from: Phalo on November 20, 2017, 10:33:30 PM

I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

You are one person which i see who said that trading is more risky than skill based gambling. It is your experience, that's why you are saying it, but in my experience, i know skill based gambling, depend on our skills, so same thing is happen in trading. We do trading behalf of our skills then i don't see any different between skill based gambling and trading, for me both are same.

I agree. You see skill based gambling is a lot more similar to trading than most types of gambling games. You'll have a good chamce of getting good results if you prepare and study first the aspects that can give you an advantage. That applies for both.

Both gambling and trading are risky because you put money on it. It will become more risky when it comes to bigger money involved. Not only gambling that need a skill but also trading because it needs analysis and monitoring.

If you want to make more profits then you have to invest a bigger amount in any investments otherwise you can't earn big money. Trading needs knowledge and if you don't know how to trade then better just buy some good coins and hold for its prices go high to sell. Skill-based games are very risky because results depend on our luck so better choose an investing on some good coins.

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Quote from: gabmen on November 24, 2017, 05:33:07 AM

Quote from: BitcoinPC on November 22, 2017, 01:36:54 AM

Quote from: Phalo on November 20, 2017, 10:33:30 PM

I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

You are one person which i see who said that trading is more risky than skill based gambling. It is your experience, that's why you are saying it, but in my experience, i know skill based gambling, depend on our skills, so same thing is happen in trading. We do trading behalf of our skills then i don't see any different between skill based gambling and trading, for me both are same.

I agree. You see skill based gambling is a lot more similar to trading than most types of gambling games. You'll have a good chamce of getting good results if you prepare and study first the aspects that can give you an advantage. That applies for both.

Both gambling and trading are risky because you put money on it. It will become more risky when it comes to bigger money involved. Not only gambling that need a skill but also trading because it needs analysis and monitoring.

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Quote from: BitcoinPC on November 22, 2017, 01:36:54 AM

Quote from: Phalo on November 20, 2017, 10:33:30 PM

I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

You are one person which i see who said that trading is more risky than skill based gambling. It is your experience, that's why you are saying it, but in my experience, i know skill based gambling, depend on our skills, so same thing is happen in trading. We do trading behalf of our skills then i don't see any different between skill based gambling and trading, for me both are same.

I agree. You see skill based gambling is a lot more similar to trading than most types of gambling games. You'll have a good chamce of getting good results if you prepare and study first the aspects that can give you an advantage. That applies for both.

BitcoinPC

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Quote from: Phalo on November 20, 2017, 10:33:30 PM

I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

You are one person which i see who said that trading is more risky than skill based gambling. It is your experience, that's why you are saying it, but in my experience, i know skill based gambling, depend on our skills, so same thing is happen in trading. We do trading behalf of our skills then i don't see any different between skill based gambling and trading, for me both are same.

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Quote from: Phalo on November 20, 2017, 10:33:30 PM

I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

I think that stat belongs to gambling, trading is a boring job and yet you can still find a lot of people who are interested on trading and they are optimistic that someday they earn financial success through trading. Skilled based gambling is like trading as well as you will only rely to your own capacity in order to succeed, your skills will determine your future and there is no house edge since you are betting against a platform or a person when it's necessary to beat your opponent in order to win.

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I do not think that both have equal risk. I think that gambling is more risky than trading. In fact in gambling we totally depending on our luck, while in trading it is necessary that we must have some trading experience, we must also have good trading skill, which are too much necessary for expecting profit from bitcoin investment and trading. Therefore we can say that both do not have the same amount of risk.

I think that both of them do not have equal amount of risk. Skill based gambling is something still unknown to me.
I mean that how could one claim the use of his skills in gambling even if the entire thing depends upon the luck of the person.

No amount of skill can help you to win the bet indeed. On the other hand risk in trading gets reduced with the passage of time after experience and some techniques to set the deal and buying of shares is understood wisely. So, it is better to opt for trading.

Poker is skill based. To a point. There is an element if luck in everything we do in life but poker gives you ways to swing things to your favour and of course the other players can drop this too so you need to worry about them and be better then they are at it or you might only win bery little. Then they big boys are always playing and know what they doing so yes it is skill but it is not very easy.

Poker is the only game that i believe will have big effect when you are skillful .
You can see a professional poker player beat newbies a lot pf times repeatedly , you think it was because of luck?
No it is clearly because of skill , they know the time to go allin or stop , bluff etc.

if the game is player against players well we will see most of the time pro will defeat a newbies as they have a lots of experience and strategy
but sometimes or there would be a time that luck will come and newbies will also defeat them, skills is important in such gambling as it will
bring you a good advantage just like trading if you know how to play it correctly then you will also earn a lot.

In the end everything depends on how you play with it , if you smart enough to avoid gambling with its impossible odds to win in the long run.
You will always prefer to trading instead any kind gambling games include the one that skill based game.
Gambling has bigger risk in the long run , while trading give you more chance to improve and get profit steady.

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Quote from: romero121 on November 20, 2017, 01:38:35 PM

Trading seems to be risky when the user makes himself much greedy expecting larger profit in a less time, also one needs to know to pick the right coin for trading or need luck to pick the growing asset. With gambling skill based gambling gives the opportunity to get a winning to some extent and finally the result is completely upon the luck of the concerned user. So whether it's gambling or trading, profiting is entirely upon the luck one holds.

The same goes with gambling both are very risky and I don't really think that it's necessary to compare which has the edge to be riskier. In trading, with a short amount of time everything can be a nice celebration because of great profit but also in a split seconds things can be worst.

The difference between this two, (trading and skill-based gambling) is the risk management. in skill based gambling, the last thing that will decide the game is not our decision but rather the cards that is in the deck, while in trading, we can do research, cut losses, or even take advantage of the fluctuation to get profit even though our stuff is fluctuating while it is declining. Risk in trade can be managed while in gambling, we cannot unless we stopped it.

Thanks for explaining the difference of both things. It's the reason why I'm mostly staying to take the risk in trading, managing on what you are about to do with your fund is very important and if you think that you can take the risk while having the trades, it's better. I still gamble with skill-based gambling like sports bet and poker but I find a very tiny luck in there.

You are not one of them who find a tiny luck in gambling, even i am also gamble with skill based gambling like sports, but unfortunately i am not earning from it. But when i started then i have earned everyday from sports betting, i think now the time is not good for me, that's why i could say that now luck not cooperate with me. But it is true, in trading, our lose and profit is on our hand, if we get right information and take right decision then we could earn more from trading, but in skill based gambling, everything is here in luck.

We both do have the same fate in gambling, tiny luck is there but still luck is there. Well gambling is gambling, so if we win then that's our time and if we lose then that's our misfortune. I'm much inspired with those stories that are keep on saying that they are winning in gambling such as in sports bet. Giving people free tips so that they will followed while witnessing their great gain.

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Quote from: leex1528 on November 20, 2017, 04:46:23 PM

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Quote from: leex1528 on November 20, 2017, 04:01:08 PM

You define Sportsbook as skill gambling, you are more than likely betting on sports, and unless you have insider information you do not have a house edge, so your expected value is negative. In trading you can at least analyze the facts, how cool the product/company is and make decisions based on fact so its a lot less risky.

Almost everyone here is defining sports betting as something that needs skill in able to win. Skill in a way that you know how to analyze and understand what will be the odds for you and on how your bet team will win the game. More of analysis and studying the backgrounds of each team / players that are involved for that bet. When it comes to risk both has an end but trading lost can be recovered easily unlike sports bet looses or it always depend to the gambler and trader on where they are really good at.

Thats fine that everyone defines it as skill, even though its not. If you were picking heads up with no line, yeah you can probably do pretty damn great. But when you get odds involved you are literally betting against people who do this for a living. Therefore unless you know something they don't, your odds are probably worse then 50-50, so you don't have an advantage.

We do have our own privilege to tell our opinions and if we think that sports betting is good as skill-based type of gambling let them believe. Always taking up the advantage while the odds are in favor to you, grab it. And if you are having some bad days with gambling take a rest and transfer yourself into taking another risk with trading. This works for me, changing the ambiance from gambling to trading sometimes we need to do it.

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Quote from: tabas on November 20, 2017, 05:51:34 PM

Quote from: serjent05 on November 20, 2017, 05:10:29 PM

Quote from: tabas on November 20, 2017, 04:48:43 PM

Quote from: romero121 on November 20, 2017, 01:38:35 PM

Trading seems to be risky when the user makes himself much greedy expecting larger profit in a less time, also one needs to know to pick the right coin for trading or need luck to pick the growing asset. With gambling skill based gambling gives the opportunity to get a winning to some extent and finally the result is completely upon the luck of the concerned user. So whether it's gambling or trading, profiting is entirely upon the luck one holds.

The same goes with gambling both are very risky and I don't really think that it's necessary to compare which has the edge to be riskier. In trading, with a short amount of time everything can be a nice celebration because of great profit but also in a split seconds things can be worst.

The difference between this two, (trading and skill-based gambling) is the risk management. in skill based gambling, the last thing that will decide the game is not our decision but rather the cards that is in the deck, while in trading, we can do research, cut losses, or even take advantage of the fluctuation to get profit even though our stuff is fluctuating while it is declining. Risk in trade can be managed while in gambling, we cannot unless we stopped it.

Thanks for explaining the difference of both things. It's the reason why I'm mostly staying to take the risk in trading, managing on what you are about to do with your fund is very important and if you think that you can take the risk while having the trades, it's better. I still gamble with skill-based gambling like sports bet and poker but I find a very tiny luck in there.

You are not one of them who find a tiny luck in gambling, even i am also gamble with skill based gambling like sports, but unfortunately i am not earning from it. But when i started then i have earned everyday from sports betting, i think now the time is not good for me, that's why i could say that now luck not cooperate with me. But it is true, in trading, our lose and profit is on our hand, if we get right information and take right decision then we could earn more from trading, but in skill based gambling, everything is here in luck.

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Quote from: poplolnman on November 20, 2017, 11:15:41 PM

Quote from: serjent05 on November 20, 2017, 05:10:29 PM

Quote from: tabas on November 20, 2017, 04:48:43 PM

Quote from: romero121 on November 20, 2017, 01:38:35 PM

Trading seems to be risky when the user makes himself much greedy expecting larger profit in a less time, also one needs to know to pick the right coin for trading or need luck to pick the growing asset. With gambling skill based gambling gives the opportunity to get a winning to some extent and finally the result is completely upon the luck of the concerned user. So whether it's gambling or trading, profiting is entirely upon the luck one holds.

The same goes with gambling both are very risky and I don't really think that it's necessary to compare which has the edge to be riskier. In trading, with a short amount of time everything can be a nice celebration because of great profit but also in a split seconds things can be worst.

The difference between this two, (trading and skill-based gambling) is the risk management. in skill based gambling, the last thing that will decide the game is not our decision but rather the cards that is in the deck, while in trading, we can do research, cut losses, or even take advantage of the fluctuation to get profit even though our stuff is fluctuating while it is declining. Risk in trade can be managed while in gambling, we cannot unless we stopped it.

don't need to compare more about which one better , trading has better chance for anyone to make money . gambling simply destructive most of the times , look at those people who become broke they are an addict do gamble no matter it's skill based continuously and don't know how to stop it . in trading you'll never get addicted , you can leave easily when you feel it's frustating .

Gambling and trading, it is definitely better trading. Gambling does not require skill but it needs luck and lcuk we can not always expect. Trading requires skill and skill should we have in order to do well. Gambling is a game and games are always addictive, games always make players addicted. While trading is not a game, but a kind of business.

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Quote from: serjent05 on November 20, 2017, 05:10:29 PM

Quote from: tabas on November 20, 2017, 04:48:43 PM

Quote from: romero121 on November 20, 2017, 01:38:35 PM

Trading seems to be risky when the user makes himself much greedy expecting larger profit in a less time, also one needs to know to pick the right coin for trading or need luck to pick the growing asset. With gambling skill based gambling gives the opportunity to get a winning to some extent and finally the result is completely upon the luck of the concerned user. So whether it's gambling or trading, profiting is entirely upon the luck one holds.

The same goes with gambling both are very risky and I don't really think that it's necessary to compare which has the edge to be riskier. In trading, with a short amount of time everything can be a nice celebration because of great profit but also in a split seconds things can be worst.

The difference between this two, (trading and skill-based gambling) is the risk management. in skill based gambling, the last thing that will decide the game is not our decision but rather the cards that is in the deck, while in trading, we can do research, cut losses, or even take advantage of the fluctuation to get profit even though our stuff is fluctuating while it is declining. Risk in trade can be managed while in gambling, we cannot unless we stopped it.

don't need to compare more about which one better , trading has better chance for anyone to make money . gambling simply destructive most of the times , look at those people who become broke they are an addict do gamble no matter it's skill based continuously and don't know how to stop it . in trading you'll never get addicted , you can leave easily when you feel it's frustating .

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Quote from: goku1525 on November 20, 2017, 05:24:15 PM

Quote from: serjent05 on November 20, 2017, 05:10:29 PM

Quote from: tabas on November 20, 2017, 04:48:43 PM

Quote from: romero121 on November 20, 2017, 01:38:35 PM

Trading seems to be risky when the user makes himself much greedy expecting larger profit in a less time, also one needs to know to pick the right coin for trading or need luck to pick the growing asset. With gambling skill based gambling gives the opportunity to get a winning to some extent and finally the result is completely upon the luck of the concerned user. So whether it's gambling or trading, profiting is entirely upon the luck one holds.

The same goes with gambling both are very risky and I don't really think that it's necessary to compare which has the edge to be riskier. In trading, with a short amount of time everything can be a nice celebration because of great profit but also in a split seconds things can be worst.

The difference between this two, (trading and skill-based gambling) is the risk management. in skill based gambling, the last thing that will decide the game is not our decision but rather the cards that is in the deck, while in trading, we can do research, cut losses, or even take advantage of the fluctuation to get profit even though our stuff is fluctuating while it is declining. Risk in trade can be managed while in gambling, we cannot unless we stopped it.

Yes, they're both skill based, but in terms of trading will require a trader in a good skills ,analyzation and patient to wait to gain profits. There is no doubt in the sense of these two same they have some same applied skills but more risky is still gambling because it's such matter how lucky you're in a game.

But the one that is more riskier is still skill based gambling, why? It is because it doesn't change the fact that gambling is still have more percentage of losing than winning even though you have the skills, while skill based Trading is so much better because if you are really good on it, then you know the best coin to buy that will give you huge profits in the long run.

Phalo

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I think trading is more risky.. As you said skill based gambling.. This is based on skill. Not anyone can just do it. So with skill, come a whole lot of lessons that will reduce your risks. I once heard a stat that said 90%/of traders lose their money.. That is why there's not enough money for anyone to pay me that would make me go into trading

Topic: Which one is more risky? Skill-based gambling or trading? - page 4. (Read 9562 times)