1
Cryptocurrency Trading / Re: Trading is not same thing as Gambling
« on: May 05, 2024, 06:42:09 PM »But when trading doesn't rely on research, it looks more like gambling. At least you know trading using the futures method. Do you think trading using that method is considered gambling? because what I know is that the future trading system guesses price movements and when our guess is wrong then all our assets are lost and cannot be returned.I am not a gambler and have no experience there. I'm just a trader, and that's not a professional trader. just an ordinary trader who trades when the market improves and the possibility of making bigger profits. As far as I know, gambling depends on luck and experience, while trading requires good analysis and knowledge.You are right, gambling is a game that depends on luck. Different from trading, trading requires experience, analysis and always monitoring the market. If you have good luck, it's best to trade. because this is more realistic.
Gambling requires experience, analysis if you love doing sport betting and of ofcourse luck and trading requires the same as well but the level of certainty in winning them is different, you can't open a bet and open a trade and expect to win something from each of them, you are likely to lost gambling before you lose money on trade.
If I'm to chose any of the two, I will chose trading before gambling because the lost in gambling is less and money can be made as profit if you don't sell. While in gambling, you don't have that kind of chance.