Why trading is better than gambling? - page 21.

shesheboy

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Quote from: canah17 on October 29, 2016, 12:13:56 AM

Hey! guys i need your opinion and help because i didn't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?

your friend is right and you should listen to him because trading is a way better than gambling, in trading theres also a risk to loose but you wont loose instanly and has a posibility that you can earn much if the price of your chosen coin has pump, unlike gambling youl loose and win instantly and if you loose you will loose your bitcoins or money permanenlty and has a lesser chance to win it back or in most cases you can loose more. overall trading is the way to go if you want a sure profit and less risk.

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Quote from: Caladonian on September 23, 2017, 06:26:45 AM

Quote from: el kaka22 on September 23, 2017, 02:26:13 AM

Quote from: MinMan on September 22, 2017, 02:36:39 AM

Gambling is indeed a game and games should be played for the sake of fun only. Whereas trading is a job, a profession where the trader needs to keep an eye on the changing prices every day so that they can make profits. It is a source of income with much less risk than gambling.

Gambling and trading belong to two separate leagues, like two parallel lines never intersecting, having nothing in common. Moreover, I don't consider gambling as much of a fun whereas trading is hellish challenging. A trader can use his skills for earning profits while enjoying the job at the same time.

People who value their entertainment more compared to money and earning opportunities are choosing gambling as their option to go with. For them, earning and then securing their future are not important.

seems to be right i terms of how the people thinks about the two options though both have risk but there's still a big difference on how we
execute and how we enjoy such activities, more or less most of us who's looking for a venue to earn go with trading.

With trading its possible to earn, if we have patience to move depending on the market growth. With gambling we can't make any moves in between. Just spend it, and however we make strategies at some point we're in a situation to depend upon luck. Based on this fact, people describe bitcoin trading to be effective.

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Quote from: el kaka22 on September 23, 2017, 02:26:13 AM

Quote from: MinMan on September 22, 2017, 02:36:39 AM

Gambling is indeed a game and games should be played for the sake of fun only. Whereas trading is a job, a profession where the trader needs to keep an eye on the changing prices every day so that they can make profits. It is a source of income with much less risk than gambling.

Gambling and trading belong to two separate leagues, like two parallel lines never intersecting, having nothing in common. Moreover, I don't consider gambling as much of a fun whereas trading is hellish challenging. A trader can use his skills for earning profits while enjoying the job at the same time.

People who value their entertainment more compared to money and earning opportunities are choosing gambling as their option to go with. For them, earning and then securing their future are not important.

seems to be right i terms of how the people thinks about the two options though both have risk but there's still a big difference on how we
execute and how we enjoy such activities, more or less most of us who's looking for a venue to earn go with trading.

el kaka22

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Quote from: MinMan on September 22, 2017, 02:36:39 AM

Gambling is indeed a game and games should be played for the sake of fun only. Whereas trading is a job, a profession where the trader needs to keep an eye on the changing prices every day so that they can make profits. It is a source of income with much less risk than gambling.

Gambling and trading belong to two separate leagues, like two parallel lines never intersecting, having nothing in common. Moreover, I don't consider gambling as much of a fun whereas trading is hellish challenging. A trader can use his skills for earning profits while enjoying the job at the same time.

People who value their entertainment more compared to money and earning opportunities are choosing gambling as their option to go with. For them, earning and then securing their future are not important.

MinerHQ

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Quote from: GreenStox on September 22, 2017, 10:33:30 AM

trading only better in terms of risk, but the advantage of it all depends on the player. Since both could also be profitable in a short time.

In trading you can't be profitable in the short term because in trading you may need some time to see the profits from your trades and if you do it correctly you can make decent profits from trading in a long time but in gambling I do agree that profits are only for short-term and if you continue gambling then you may lose your money back to site.

JL421

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Trading is more profitable than gambling there are less risks involved in trading you can make unlimited profit if possible snd thee is nothing called house edge in gambling which makes it more easier not lose much and get good amounts of profit more than gambling

Casabrandy

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Quote from: mrcash02 on September 22, 2017, 01:06:25 PM

Quote from: FasTroy on September 22, 2017, 08:36:37 AM

Quote from: oHnK on September 21, 2017, 11:03:12 AM

Quote from: Karmakid on September 21, 2017, 07:59:40 AM

For my point of view it is only better if you have trading skills,
But if you can't control your emotion I suggest don't try some alt-coin trading.

Gambling is unlike trading because if we want to trade then we need to have atleast some knowledge for it. If we dont really have any knowledge or skill then it will be gambling pure on luck. I dont think that every trader have the skill to trade, some just make it looks like gambling and try their luck. Atleast thats what I know but still it is better than gambling

You are right, In the worst case gambling it will be equal than trading, if a trader didn't know anything about trading with 0 experience, and no skills, But for peoples who know how to trade, and have good base of knowledge, They will prefer trading than gambling, because with this knowledge, peoples can increase their chances to win.

I believe if the trader has zero skills on it, his chances to make profit with gambling are much higher. If it's about pure luck let's play a luck game that is gambling and not trading that requires some skills, at least to know what currency to buy and hold. Without skills luck isn't enough in trading, you will probably buy a worthless AltCoin and hold it until the price is dumped to 1 satoshi...

We can use our skills in trading whenever luck is on us, unlike in gambling even we have luck on us we will just use it without wven thinking,having skills in gambling is unnecessary.

mrcash02

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Quote from: FasTroy on September 22, 2017, 08:36:37 AM

Quote from: oHnK on September 21, 2017, 11:03:12 AM

Quote from: Karmakid on September 21, 2017, 07:59:40 AM

For my point of view it is only better if you have trading skills,
But if you can't control your emotion I suggest don't try some alt-coin trading.

Gambling is unlike trading because if we want to trade then we need to have atleast some knowledge for it. If we dont really have any knowledge or skill then it will be gambling pure on luck. I dont think that every trader have the skill to trade, some just make it looks like gambling and try their luck. Atleast thats what I know but still it is better than gambling

You are right, In the worst case gambling it will be equal than trading, if a trader didn't know anything about trading with 0 experience, and no skills, But for peoples who know how to trade, and have good base of knowledge, They will prefer trading than gambling, because with this knowledge, peoples can increase their chances to win.

I believe if the trader has zero skills on it, his chances to make profit with gambling are much higher. If it's about pure luck let's play a luck game that is gambling and not trading that requires some skills, at least to know what currency to buy and hold. Without skills luck isn't enough in trading, you will probably buy a worthless AltCoin and hold it until the price is dumped to 1 satoshi...

GreenStox

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trading only better in terms of risk, but the advantage of it all depends on the player. Since both could also be profitable in a short time.

logicgate

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Quote from: julzcoinbit on September 20, 2017, 10:27:15 PM

Quote from: Mr.john on September 20, 2017, 09:25:34 PM

I think to trade is better than to gambling, and in trading our money are so valueable and it is cant be loss and in trading we are become a profitable, that's why our money will become double or increasing its number. While in gambling is it true that in gambling it is the easy way to earned money but in gambling our money are have no sureness because it is possible that our money will disappear when we are get losse that everytime we are taking a gambling. Trading, is good and because of it we are learned manny things and we are learned some techniques or manny possible way to become success in life. And i think in trading we are also developed our skills and we are get some experience, and soon if we are allready understand about all things therefore i was conclude that we are success in life. Finally trading is better than gambling.

Trading and gambling are very similar and both are risky. But to compare, trading is better than gambling because there is an assurance that you can have something in return. While in gambling, there is no assurance that you’ll win every time you gamble and you can’t get back all the money you’ve lose.

Basically there is only one difference and that is consistency, what I think. You are right that both are risky but yes they are somehow different. Trading always been a better choice because of its yielding in constant rate or about constant. But gambling is totally the game of luck. Bad choice.

FasTroy

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Quote from: oHnK on September 21, 2017, 11:03:12 AM

Quote from: Karmakid on September 21, 2017, 07:59:40 AM

For my point of view it is only better if you have trading skills,
But if you can't control your emotion I suggest don't try some alt-coin trading.

Gambling is unlike trading because if we want to trade then we need to have atleast some knowledge for it. If we dont really have any knowledge or skill then it will be gambling pure on luck. I dont think that every trader have the skill to trade, some just make it looks like gambling and try their luck. Atleast thats what I know but still it is better than gambling

You are right, In the worst case gambling it will be equal than trading, if a trader didn't know anything about trading with 0 experience, and no skills, But for peoples who know how to trade, and have good base of knowledge, They will prefer trading than gambling, because with this knowledge, peoples can increase their chances to win.

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Quote from: miningguru on September 22, 2017, 06:04:34 AM

Quote from: MinMan on September 22, 2017, 02:36:39 AM

Quote from: oHnK on September 10, 2017, 07:57:01 AM

Quote from: marcbitcoins on September 10, 2017, 06:01:39 AM

Quote from: canah17 on October 29, 2016, 12:13:56 AM

Hey! guys i need your opinion and help because i don't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?

Simply because gambling is a vice i dont believe that gambling is just an entertainment because many gambler had lost and destroyed their life because of being addicted to gambling. Trading is good because it will improve our strategies and skills to earn unlike gambling it will just rely to luck no matter how you skilled on the game.

Believe it or not gambling is just some kind of entertainment. We will be having fun if we want to have fun. It is the same as trading but in this case trading is not really fun because the context is pure about making money unlike gambling where as we can choose either to have fun or not

Gambling is indeed a game and games should be played for the sake of fun only. Whereas trading is a job, a profession where the trader needs to keep an eye on the changing prices every day so that they can make profits. It is a source of income with much less risk than gambling.

Yes, Many people think gambling is another source of income to them but I never agree with them because maybe losing chances are very high in gambling. Trading is professional even though we lost value may at one point the price may increase for sure.

That is correct in trading you will not lose all your money all of a sudden, and you will get a chance to sell your investment for some losses if you think that those investments are doing well. But in gambling either you double or lose all your money instantly. So gambling is for enjoyment and trading is for making money, in the long run, means sometimes you may need to wait for long to see profits from your investments.

Angeltwist12

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Quote from: Monnt on September 21, 2017, 01:01:52 AM

Quote from: FlightyPouch on September 11, 2017, 01:39:43 AM

Quote from: SaShiRaJaVu on September 10, 2017, 05:42:01 PM

Quote from: ?? on ??

I find gambling better because you have not to learn and think and just can have some fun, while successful trading requires to learn and study a lot of things.

Nevertheless, if you prefer trading I suggest to take a look at the Trading Discussion section here on bitcointalk.

Gambling and trading a different ends of the spectrum ,if you are wise enough you could make a good amount of money from the crypto currency trading platform ,gambling just depends upon you sheer luck and you might not win all the time,but when it comes to trading if you are having the right patience and luck you could earn a big profit.

Trading don't really rely on your luck and patience, Gambling might be the one which is being reliant to luck and patience but not trading. Trading is close to investing or maybe the same as trading because they need yes, patience and luck but more on your skill, experience and knowledge. When you have the combination of those three, I think you will be doing great.

Yes, trading doesn’t rely on luck and patience totally as they do matter. Luck doesn’t matter so much we can say about, but patience matters. Trading is also a game of fun, risk and mind. So we have to play it very patiently so we would what we want. Trading is better in every regard over gambling.

One thing that you basically have to understand in gambling and trading, the two things that do look different but basically the two things are the same and nothing different. Gambling requires skill and not luck, as well as trading. So from what you say above everything is very wrong, because nothing is a fortune to give us advantage. Except luck in the form of things outside in the search for a money (Health, happiness, pleasure, etc.).

miningguru

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Quote from: MinMan on September 22, 2017, 02:36:39 AM

Quote from: oHnK on September 10, 2017, 07:57:01 AM

Quote from: marcbitcoins on September 10, 2017, 06:01:39 AM

Quote from: canah17 on October 29, 2016, 12:13:56 AM

Hey! guys i need your opinion and help because i don't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?

Simply because gambling is a vice i dont believe that gambling is just an entertainment because many gambler had lost and destroyed their life because of being addicted to gambling. Trading is good because it will improve our strategies and skills to earn unlike gambling it will just rely to luck no matter how you skilled on the game.

Believe it or not gambling is just some kind of entertainment. We will be having fun if we want to have fun. It is the same as trading but in this case trading is not really fun because the context is pure about making money unlike gambling where as we can choose either to have fun or not

Gambling is indeed a game and games should be played for the sake of fun only. Whereas trading is a job, a profession where the trader needs to keep an eye on the changing prices every day so that they can make profits. It is a source of income with much less risk than gambling.

Yes, Many people think gambling is another source of income to them but I never agree with them because maybe losing chances are very high in gambling. Trading is professional even though we lost value may at one point the price may increase for sure.

michkima

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Quote from: MinMan on September 22, 2017, 02:36:39 AM

Quote from: oHnK on September 10, 2017, 07:57:01 AM

Quote from: marcbitcoins on September 10, 2017, 06:01:39 AM

Quote from: canah17 on October 29, 2016, 12:13:56 AM

Hey! guys i need your opinion and help because i don't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?

Simply because gambling is a vice i dont believe that gambling is just an entertainment because many gambler had lost and destroyed their life because of being addicted to gambling. Trading is good because it will improve our strategies and skills to earn unlike gambling it will just rely to luck no matter how you skilled on the game.

Believe it or not gambling is just some kind of entertainment. We will be having fun if we want to have fun. It is the same as trading but in this case trading is not really fun because the context is pure about making money unlike gambling where as we can choose either to have fun or not

Gambling is indeed a game and games should be played for the sake of fun only. Whereas trading is a job, a profession where the trader needs to keep an eye on the changing prices every day so that they can make profits. It is a source of income with much less risk than gambling.

That may be true, but generally a lot of gamblers think that gambling is a sort of job that would profit them in the long run. But not knowing the harsh truth they continue to do so. The problem is that they do not know the concept of gambling in terms of the mathematical explanation of how gambling works. Gambling probabilities does not change and it can't be influenced unlike your chances of profiting in trading.

MinMan

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Quote from: oHnK on September 10, 2017, 07:57:01 AM

Quote from: marcbitcoins on September 10, 2017, 06:01:39 AM

Quote from: canah17 on October 29, 2016, 12:13:56 AM

Hey! guys i need your opinion and help because i don't know about this trading thing i only know about how you can earn bitcoin by gambling but still my friend told me that gambling is not the way to earn bitcoin but if you try trading you will earn much profit why is that so guys? trading is better than bitcoin? how? why? where to find that trading thing?

Simply because gambling is a vice i dont believe that gambling is just an entertainment because many gambler had lost and destroyed their life because of being addicted to gambling. Trading is good because it will improve our strategies and skills to earn unlike gambling it will just rely to luck no matter how you skilled on the game.

Believe it or not gambling is just some kind of entertainment. We will be having fun if we want to have fun. It is the same as trading but in this case trading is not really fun because the context is pure about making money unlike gambling where as we can choose either to have fun or not

Gambling is indeed a game and games should be played for the sake of fun only. Whereas trading is a job, a profession where the trader needs to keep an eye on the changing prices every day so that they can make profits. It is a source of income with much less risk than gambling.

illicit

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Quote from: roadbits on September 21, 2017, 01:05:40 PM

Quote from: oHnK on September 21, 2017, 11:03:12 AM

Quote from: Karmakid on September 21, 2017, 07:59:40 AM

For my point of view it is only better if you have trading skills,
But if you can't control your emotion I suggest don't try some alt-coin trading.

Gambling is unlike trading because if we want to trade then we need to have atleast some knowledge for it. If we dont really have any knowledge or skill then it will be gambling pure on luck. I dont think that every trader have the skill to trade, some just make it looks like gambling and try their luck. Atleast thats what I know but still it is better than gambling

You have a point, not every trader will have enough knowledge to trade some people will just try with buying high volume coins and they do trading and make a profit. But this kind of trading will profit only one time or two times everytime it is not possible. To become a pro trader, you must learn trading first then only it is possible. Doing trading based on luck is not worth and a waste of your money.

Yes trading based on luck is just waste of money it's just like betting in some sports that you don't even know,
Just waiting for the results so it's just the same as gambling.

roadbits

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Quote from: oHnK on September 21, 2017, 11:03:12 AM

Quote from: Karmakid on September 21, 2017, 07:59:40 AM

For my point of view it is only better if you have trading skills,
But if you can't control your emotion I suggest don't try some alt-coin trading.

Gambling is unlike trading because if we want to trade then we need to have atleast some knowledge for it. If we dont really have any knowledge or skill then it will be gambling pure on luck. I dont think that every trader have the skill to trade, some just make it looks like gambling and try their luck. Atleast thats what I know but still it is better than gambling

You have a point, not every trader will have enough knowledge to trade some people will just try with buying high volume coins and they do trading and make a profit. But this kind of trading will profit only one time or two times everytime it is not possible. To become a pro trader, you must learn trading first then only it is possible. Doing trading based on luck is not worth and a waste of your money.

Oilacris

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Quote from: game-protect on September 21, 2017, 11:11:50 AM

Because when you gamble, your expected value is already determined by the negative house edge and the outcome mostly rely on luck.

Opposed to that, when you start trading and do it in a smart way, you will analyse the product or service you plan to invest and the outcome mostly rely on your personal skills and what other traders or consumers will do.

Hence, in trading you can use your skills and that can give you a huge advantage over other and often clueless traders.

Speaking on skills related then trading would really need it because you can able to increase the chances of having profitable trades which isnt really possible on playing gambling skills can be still used on some games like poker or sports betting but depending on how you gonna do it.I would really still prefer on trading because this thing would really sustain for long term goals.

game-protect

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Because when you gamble, your expected value is already determined by the negative house edge and the outcome mostly rely on luck.

Opposed to that, when you start trading and do it in a smart way, you will analyse the product or service you plan to invest and the outcome mostly rely on your personal skills and what other traders or consumers will do.

Hence, in trading you can use your skills and that can give you a huge advantage over other and often clueless traders.

Topic: Why trading is better than gambling? - page 21. (Read 20579 times)