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Topic: Why trading is better than gambling? - page 63. (Read 20570 times)

legendary
Activity: 1288
Merit: 1000
October 30, 2016, 08:45:30 PM
#40
I recently read article about difference between gambling and trading (also called speculating) on Investopedia.
It showed me that these to activities are not that different as you might think. See for yourself:
http://www.investopedia.com/ask/answers/042715/what-difference-between-speculation-and-gambling.asp
legendary
Activity: 1456
Merit: 1005
October 30, 2016, 08:38:59 PM
#39
Trading is can't be better than skill based gambling, generally trading is also very risky and if anybody will pick something to trade without any previous knowledge than it is more like gambling and it depend on only luck there but skill-based gambling is more better for a person who has some knowledge.

If your playing against a skilled player in skilled based games then both should win right because both got game skills? But both can't win in any game, and only one will win got a luck along with skill, so the game decider is luck, not the skill. So gamble only for fun and invest some other places to grow your money.
sr. member
Activity: 364
Merit: 254
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October 30, 2016, 04:50:45 PM
#38
If you know how to trade, then I think there is more potential to make money with that than with gambling. But remember that even with trading, there is no guarantee that you will make money. I gamble and trade, but I do gambling for fun rather than to make money.
legendary
Activity: 1176
Merit: 1024
October 30, 2016, 02:19:35 PM
#37
In trading you don't rely entirely on your luck, with proper knowledge and tools you can make a lot of money by trading. gambling is just for fun, if you're looking to make money by gambling you'll lose more than you make.
But, I strongly believe for trading also we must need luck. Because when you're holding a position in your trading, you might need your luck to favor you so that any bad news will not affect your predictions of target. If you are unlucky when you are holding a position a bad news might change everything, till open a position we need knowledge but to reach target we need luck.
legendary
Activity: 1218
Merit: 1007
October 30, 2016, 02:12:21 PM
#36
In trading you don't rely entirely on your luck, with proper knowledge and tools you can make a lot of money by trading. gambling is just for fun, if you're looking to make money by gambling you'll lose more than you make.

I agree with you, trading gives us chances to learn and implement our knowledge on the right trade and get out in profit. But gambling is something different where losing once can make someone addicted to do it more and there is no way except to gamble.
legendary
Activity: 1400
Merit: 1009
October 30, 2016, 01:20:09 PM
#35
In trading you don't rely entirely on your luck, with proper knowledge and tools you can make a lot of money by trading. gambling is just for fun, if you're looking to make money by gambling you'll lose more than you make.
legendary
Activity: 1666
Merit: 1001
October 30, 2016, 04:28:34 AM
#34
trading is better than gambling because it is a skill based, it's mean you can earn money or profit based by your skill, the more you experience in trading the bigger your chances of getting profit, while in gambling you only rely on your luck and when you out of luck then you will lose all your bet, no matter how long you have gamble your winning chance won't be increase
hero member
Activity: 658
Merit: 500
October 30, 2016, 04:23:57 AM
#33
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?
At first all thing are hard to know especially if you don't know and experience it maybe you should try also trading to compare which is more better. Trading is about buying and selling while gambling is betting and playing much more on fun .in short if you want profit you go trading and for fun play gambling.
hero member
Activity: 728
Merit: 500
October 30, 2016, 04:10:56 AM
#32
You are good with them both if you do like professionals in trading or gambling. As a dreamer person both will be disastrous for you one because you won't be able to control your greed and will let even your initial money in pockets of casinos owners. Trading markets are often manipulated by big players that is not for everyone to succeed. If you are newbie then both are not good at all for you.
hero member
Activity: 686
Merit: 500
October 30, 2016, 03:46:44 AM
#31
Trading is can't be better than skill based gambling, generally trading is also very risky and if anybody will pick something to trade without any previous knowledge than it is more like gambling and it depend on only luck there but skill based gambling is more better for a person who has some knowledge.
legendary
Activity: 3010
Merit: 1280
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October 30, 2016, 03:43:55 AM
#30
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?
It depends on the person on what they prefer and how they want to earn others go for gambling because it only takes a few clicks to make profit while on trading you need to be patient before you rake some profit. You could start trading your bitcoin to other coins on yobit. I tried trading when one of my friend always telling me about some coin but I didn't make any profit in my experience.
Well, if you will ask me, my opinion is that there are more gamblers than serious traders. In gambling we can win more than 100% of our bankroll in a very faster way and we cannot do that in trading, and that is why more people are complaining about losing in gambling rather than in trading.

It maybe faster but the potential in earning with trading is boundless.  If you have skills and knows alot of strategies in trading, you can be able to book lots of profit in short period of time.  Unlike gambling where you can pull out your bet once you roll the machine,  You can exit in trading even if you have bought the stocks or coin anytime you want.
legendary
Activity: 3108
Merit: 1290
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October 30, 2016, 03:05:21 AM
#29
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?
It depends on the person on what they prefer and how they want to earn others go for gambling because it only takes a few clicks to make profit while on trading you need to be patient before you rake some profit. You could start trading your bitcoin to other coins on yobit. I tried trading when one of my friend always telling me about some coin but I didn't make any profit in my experience.
Well, if you will ask me, my opinion is that there are more gamblers than serious traders. In gambling we can win more than 100% of our bankroll in a very faster way and we cannot do that in trading, and that is why more people are complaining about losing in gambling rather than in trading.
legendary
Activity: 3346
Merit: 1914
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October 30, 2016, 02:45:11 AM
#28
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?
It depends on the person on what they prefer and how they want to earn others go for gambling because it only takes a few clicks to make profit while on trading you need to be patient before you rake some profit. You could start trading your bitcoin to other coins on yobit. I tried trading when one of my friend always telling me about some coin but I didn't make any profit in my experience.
sr. member
Activity: 336
Merit: 250
October 30, 2016, 02:35:45 AM
#27
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?

Youre  friend was right  its better to engage  into trading hence  you could able to  make profits  with it  rather than   playing gambling  which  would not give  you nothing  but   a lose  of soo much money.  Actually theres lot  of ways  to earn  bitcoin  not  only thru gambling and  trading though.   Trading  is  not  better than  bitcoin  because   you trade  on bitcoin itself and other  cryptos. Trading  is  just  buying  a certain coin  on  low  prices and  selling   on a high price which would generate profits. Trading  isnt an easy thing to do but  you could  still learn  it as  long you are dedicated to engaged with it.

Really? his right? but i don't have that knowledge of that trading thing my friend told me but damn! >.< its very hard i mean really hard to get that trading thing in my brain -_- i want to be good at that trading thing but gambling is in my way i can't really focus on trading because im really addicted to gambling and i just can't see me trading stuff i don't know the life of a trading guy but still it has greater chance that i earn much money but gambling is in my life and my friend is really really an asshole because he didn't teach me he just said to me that "learn by yourself you can do it" but i didn't >.<
legendary
Activity: 1288
Merit: 1000
October 29, 2016, 10:25:41 PM
#26
With trading you can find patterns, use information in the public to speculate on prices whereas with gambling the house always wins in the end.
And how many intelligent and experienced traders read and interpreted the signs and patterns in a wrong way before?
At first glance trading might be better because you have semblance of control over your assets but it hard - especially with cryptocurrency.
Where random price shifts and unclear patterns are daily routine.
full member
Activity: 210
Merit: 100
October 29, 2016, 10:18:45 PM
#25
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?
Yes Bro Its a True Fact that Trading Is Better than Gambling because In Trading You Can Earn With h Your Knowledge and Experience in Trading And Also Trading Doesn't Based On Pure Luck But On the Other Hand Gambling Is Based On Pure Luck and Your Knowledge and Experience Doesn't Matter Here.....
x4
hero member
Activity: 1106
Merit: 508
October 29, 2016, 09:59:44 PM
#24
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?
Don't say that as you know all about trading and gambling, not all traders are become successfull, its not easy to trade, its not just you trade with 0.001 then wait the price of that alt increase then thats all, so what your profit? Well its not easy though even the traders who have experince more than 2 years already got a problem from there trades and sometimes they cannot make profit on it because there's no easy way to make money. Specially in gambling, its designed to be fair but the winner always the owner of the site, there you have only 50-50 there 50% to win and 50% to lose in every bet so if you're lucky enough to have many wins, then its good for you not for the others.
legendary
Activity: 1134
Merit: 1598
October 29, 2016, 05:10:28 PM
#23
I think it's better because it's harder to be 'greedy' when trading. I have tried a few times and found out you cannot trade like you gamble (going all in on speculations and stuff). It's better if you cannot control yourself.
hero member
Activity: 1190
Merit: 525
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October 29, 2016, 04:36:24 PM
#22
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?

Currently with the bitcoin price rising, it's easy to earn a lot of profit by trading. I myself bought coins at 650 and sold it today at 704 which earned me a good amount of profit. With gambling, you are playing a game and if you win/lose, you lose the entire amount which is not the case with trading where you can withdraw your investment atleast.

Good deal you made. I tried this trade thing only once with an alt-coin and it wasn't good for me, so I never tried anymore.

I think it's better to trade with BTCs, it's more guaranteed, because we know BTC price is always rising, maybe the price can go down a bit, but surely will increase later. The alt-coins are very treacherous, we never know if they will "die" or not...
legendary
Activity: 1372
Merit: 1000
October 29, 2016, 04:32:28 PM
#21
Its because you have more control on the outcome than gambling. Gambling is  purely risky and you have no outcome on the result. With trading you can do your study and invest accordingly. For the same reason there are professional traders but no professional gamblers.
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