Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Dr.Bitcoin_Strange on January 04, 2024, 11:35:43 PM
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Most of the time, both online and offline, there has been some argument relating to the title of this thread. Some people think that trading is just based on luck, like the way gambling is basically dependent on how lucky the player can be. In trading, there are some trading tools and parameters that traders use to analyze the market. Despite the fact that the crypto market is quite unpredictable all the time, traders and some market analysts use most of the trading tools to analyze the direction of the market, and that's what gives them the insight to make some predictions that could actually be correct. Some market predictions may not actually be 100%, 90%, or 80% accurate, but in most cases, they could be around 60–70% accurate, and some traders will advise you to make sure you "take profit" where you have met a good sum of profit. It is better to take a profit than to wait for your prediction to actually be 100% of the price you expect to sell.
The crypto market is very dynamic, and despite the fact that crypto enthusiasts cannot actually be 100% accurate about the direction of the market, that doesn't mean that trading should be handled as gambling. As a trader, it's good to keep learning and developing your own personal strategy that can help you win in the market; otherwise, you'll experience more losses than profits.
Also, there are different kinds of trading, such as grid trading, spot trading, forex trading, and futures trading. Those kinds of leveraged trading, such as futures and forex, are a bit more risky than spot trading. Spot trading is what I actually prefer because it is just the normal buying of a coin or token when the price is okay for you, and you can sell after the price spikes a bit and generate little profit for you.
Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
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@Dr.Bitcoin_Strange Your point are just right. Most people do believe that trading is gambling the only scenario trading like gambling is when you don't know what you doing (trading without any proper knowledge). Most newbie thought that trading is all about buying low and selling when the price high they won't bother doing any good research all their aim is looking for coins with high volatility inorder to make quick profits which is wrong and also risky trading not something you just five in without analysing or researching. All you should be concerned on in trading is how to reduce your losses. While gambling depends mainly on pure lucks
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I'm replying according to your post title, I will continue to say it that there's great difference between trading and gambling .
Gambling will always be a false hope while trading is a future analysis on a share, stock or commodities boughted.
There should be a clear difference but I believe the way people compare trading is using only the digital aspects of fiat currency and crypto.
Yes there's still a long magnitude difference range between ,people loose most of their funds in trading because they allow emotions to overcrowd their judgment most especially greediness and once they experience this twice , Boom! they will start some failure comparison ;D
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Really agree with you, trading is not same things as gambling. Both are different things but some people think trading Trading is gambling. Because they have lack of proper knowledge about trading. And they think trading depend on luck only. And they think when price were down they will buy and when price will up then they will sell with some profit. They think it is only trading which depend on luck, if price were high he will profited and when price were down then he will losser. But trading is not too easy for proper trading anyone need proper knowledge about trading. Without proper knowledge about trading it will be seems as gambling. So i will tell Trading and gambling are fully different thing. Trading depend on proper knowledge but gambling depends on only luck.
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- For me, it is not correct to compare gambling with trading. They are very different and have nothing in common. Those who think like this in their minds are gamblers and not traders, because real traders do not have this kind of mindset as individual traders.
Because trading is a skill that can be considered, we can't devote time and effort to learning it in reality. And it is also necessary to understand what will be learned here.
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They are very different and have nothing in common.
Apart from the fact that they both do with prediction. In trading you have to predict the direction of price while in gambling you predict the results you expect from a game. Despite any slit similarities, they both have a wide difference which is not even wise to compare the two. As for those that compare it, they will face loses more than they least expect.
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They are very different and have nothing in common.
Apart from the fact that they both do with prediction. In trading you have to predict the direction of price while in gambling you predict the results you expect from a game. Despite any slit similarities, they both have a wide difference which is not even wise to compare the two. As for those that compare it, they will face loses more than they least expect.
I actually had the same thought about the two activity being the same thing but a friend of mine actually opened my eyes to some insight in the difference between gambling and trading. In his explanation he made me understand that trading has to do computer data that is already saved and their is possible understanding and repetition to these data being the candle sticks reading but gambling is something that one can actually foresee the outcome as there are certain things that can change the whole outcome or results of the games especially when it has to do with sportsbetting.
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Trading needs skill, experience and good management of emotion.
Gambling too. it seems the same... ;D ;D ;D
what's the difference?
What differentiates trading and gambling is the way of analyzing charts, candles, etc.
Learn the project, fundamental, man behind etc.
Gambling is game, Gambling is a game where we don't play analysis, just play luck
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That's right, I think crypto trading is not gambling as they imagine, but in crypto trading we have to study a lot of charts and know more about market movements and even have to look for a lot of information from the coins we buy, with that you will be able to start trading well so that you get big profits... if we don't have the skills in all of that, it's possible that you will suffer losses, because trading crypto is not as easy as imagined, you have to try... it's very different when trading crypto and gambling.
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
If someone trades the market blindly, he is definitely gambling. Trading without a trading strategy and risk management is gambling. We are all aware that if we rely just on chance in our trade, we cannot guarantee future profitability. Consider that even a trader with a trading plan and risk management cannot be profitable in his first year of trading; how much more if we rely just on luck. So we should avoid trading if we know we are only gambling to avoid losing money.
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@Dr.Bitcoin_Strange Your point are just right. Most people do believe that trading is gambling the only scenario trading like gambling is when you don't know what you doing (trading without any proper knowledge). Most newbie thought that trading is all about buying low and selling when the price high they won't bother doing any good research all their aim is looking for coins with high volatility inorder to make quick profits which is wrong and also risky trading not something you just five in without analysing or researching. All you should be concerned on in trading is how to reduce your losses. While gambling depends mainly on pure lucks
Weird, for a newbie, I would say this is the most efficient concept to explain what trading is.. If you are saying some newbies think, let me explain what I want to say. Answer we one thing what the purpose of trading any asset, pair (to gain profit obviously), so what is profit buddy profit is the amount to gain on the base investment which means you bought a coin/asset on X (Low) and sold it at Y (High).
Keep it simple trading = buy low sell high and now in the domain of trading there are many things price action, strategies analysis emotions psychology but still all these terms don't withdraw the real purpose which is profit and what profit is I've explained above.
So don't use a shortcut to explain trading to a newbie that trading is not just buying low and selling high and gambling is xyz.. explain what he knows and further explain whatever you want to in (How to Trade ?) because as I said trading is what newbies say (A concluded concept). So when it comes to comparing trading vs gambling I can explain with an example because we all know basically what is trading and gambling with this example we can explain the core concept.
Trading is like driving a car in which we start and end position with in journey we have control brakes, acceleration = our analysis, and blah blah everything.
Gambling is like throwing a ball starting and ending with zero control in the journey a discrete value moves based on input + random output.
Haha Hope so you've got the point of this newbie.
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Sometimes we think that trading = gambling.
That could be true, but it could be inappropriate. It is true and clear that someone who trades is completely without proper preparation regarding trading. Trading is not only about buying and selling but also about some of the analysis needed to make decisions, when not to take a position, when to go Short/Long, how much margin, how to anticipate if the market suddenly changes direction, and so on. It is necessary to have the ability and knowledge to analyze the market and also have various additional tricks in order to avoid or minimize risks in each market condition. And this does have knowledge and must be studied. so don't just put up a position and just surrender, no. There are special efforts on how to minimize risks and optimize profits in trading. And this may be different from gambling, trading is not just based on luck.
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
Yes, trading and gambling are different. But it can be the same if we trade with no proper knowledge. In gambling, people expect more on the luck to succeed. Meanwhile in trading, people will try to have enough knowledge to increase the chance for success. We treat trading in a different way, we rely on our knowledge and experience to ear good profits. But in gambling, there is no way to increase the chance for success if we have no luck.
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They are very different and have nothing in common.
Apart from the fact that they both do with prediction. In trading you have to predict the direction of price while in gambling you predict the results you expect from a game. Despite any slit similarities, they both have a wide difference which is not even wise to compare the two. As for those that compare it, they will face loses more than they least expect.
you're right abs they won't be able to grow because they would keep on trading like they are gambling hoping that one day the price would move to their direction though it might but you still having such mindset that trading and gambling are same and not wanting to improve your trading skill, there's are chances that you would still end losing all funds.
Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
If someone trades the market blindly, he is definitely gambling. Trading without a trading strategy and risk management is gambling. We are all aware that if we rely just on chance in our trade, we cannot guarantee future profitability. Consider that even a trader with a trading plan and risk management cannot be profitable in his first year of trading; how much more if we rely just on luck. So we should avoid trading if we know we are only gambling to avoid losing money.
you right, most people do engaged in bling trading. Just buying any coin they see dip without making proper researches most ebdup buying a pump and dump coins and their funds would just endup decreasimg with the funds while some will endup buying coin that was delisted from the particular exchange. So as you're trading always do so to work on your trading skills and risk in trading there's no point you can say am done with learn let's just focus on earning alone (wrong) as you earning keep the learning going so that you would be trading instead of gambling with your trading funds
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
Yes, trading and gambling are different. But it can be the same if we trade with no proper knowledge. In gambling, people expect more on the luck to succeed. Meanwhile in trading, people will try to have enough knowledge to increase the chance for success. We treat trading in a different way, we rely on our knowledge and experience to ear good profits. But in gambling, there is no way to increase the chance for success if we have no luck.
A trader who trades on a rational basis takes into account the role of chance, but does not blindly count on luck - but builds a trading system so that a series of chance events ultimately produces a profit. A trader with a gambler’s psychology has a different approach: he trusts his intuition more and hopes to hit the jackpot.
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- For me, it is not correct to compare gambling with trading. They are very different and have nothing in common. Those who think like this in their minds are gamblers and not traders, because real traders do not have this kind of mindset as individual traders.
Because trading is a skill that can be considered, we can't devote time and effort to learning it in reality. And it is also necessary to understand what will be learned here.
Trading and gambling both are different but if we are considering both as same then its our big fault and due to such thoughts people always loss more than they earn. For gambling we just choose to bet but the win or loss is concerned with fortune but such thing does not work in trading therefore keep learning if you want to get profit from trading.
Its a matter of thoughts that are you able to differentiate between gambling and trading or not because your positive thoughts and concept can only make you successful. Trading become more riskier than gambling if one fails to understand it and considering it as a luck based game.
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- For me, it is not correct to compare gambling with trading. They are very different and have nothing in common. Those who think like this in their minds are gamblers and not traders, because real traders do not have this kind of mindset as individual traders.
Because trading is a skill that can be considered, we can't devote time and effort to learning it in reality. And it is also necessary to understand what will be learned here.
Trading and gambling both are different but if we are considering both as same then its our big fault and due to such thoughts people always loss more than they earn. For gambling we just choose to bet but the win or loss is concerned with fortune but such thing does not work in trading therefore keep learning if you want to get profit from trading.
Its a matter of thoughts that are you able to differentiate between gambling and trading or not because your positive thoughts and concept can only make you successful. Trading become more riskier than gambling if one fails to understand it and considering it as a luck based game.
Trading would really be considered as gambling on the time that you wouldn't really be applying any analysis into it or simply making up some trading position with just your gut feeling on which
this is something that you shouldnt really be doing when doing trading. If you do have that kind of approach into your trading activity then it would be better that you should really be doing gambling. You would really be making out those realizations on the time that you've been able to compare about the risks factor in between trading and gambling on which we know that in gambling there's no way that you could be able to apply when it comes to stategies and other correlated aspects. If you do trade for long term then you should really be removing
that gambler like mind.
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There are moments when it is similar, like newbie trading margin or leverage/futures etc, those are like gambling and I sort of understand why they happen. But at the same time I have to say that its not going to be all that easy to handle it all, its going to be quite tough. Hopefully we could get to a point where we could see it move further, it should be something that we could benefit from if people could stop gambling while trading. Long term holding or day trading with some indicator knowledge or chart reading skills, those are not gambling and people should be going towards that a lot more.
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Trading and gambling both are different but if we are considering both as same then its our big fault and due to such thoughts people always loss more than they earn. For gambling we just choose to bet but the win or loss is concerned with fortune but such thing does not work in trading therefore keep learning if you want to get profit from trading.
Yes, basically this is different. However, the problem that we often encounter is how to trade, which is what makes trading more like gambling.
Trading without knowledge and only relying on luck is like gambling.
Trading without good risk management and provisions will also be as risky as gambling.
Trading without wise money management will turn into gambling and can cause losses without any reason.
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If you talk about spot trading then it totally depends on own strategy and it is not like gambling at all but if you talk about future trading then I will tell you future trading is very much like gambling. Futures trading usually gives me the opportunity to trade both long and short and based on leverage I am usually given a loan and we trade with that loan. In this case if we use excess leverage then it can be seen that the level of risk becomes excessive if the market goes up by some amount or if the market goes down by some amount but our money is likely to be lost completely so I consider this high risk trading as gambling.
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
If someone trades the market blindly, he is definitely gambling. Trading without a trading strategy and risk management is gambling. We are all aware that if we rely just on chance in our trade, we cannot guarantee future profitability. Consider that even a trader with a trading plan and risk management cannot be profitable in his first year of trading; how much more if we rely just on luck. So we should avoid trading if we know we are only gambling to avoid losing money.
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So as you're trading always do so to work on your trading skills and risk in trading there's no point you can say am done with learn let's just focus on earning alone (wrong) as you earning keep the learning going so that you would be trading instead of gambling with your trading funds
Some traders think that their knowledge is enough when they can manage to make profit in their couple of trades. But trading is not like that, the market will not always do the same way it used to be. Our mindset should be harmonized to the smart money to determined and avoid their possible next move since their aim is to take out our stop-losses. That's why we should always keep on learning and don't be over confident that our strategy will always work, sometimes we have to enhance it to be more effective in the market.
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I just can't help but make a meme on this.
(https://i.postimg.cc/fTZc21Zy/cover.jpg)
I still can't understand why people think that Gambling and Trading are the same thing. Yes, they are somewhat similar tbh but that does not make them the same. In gambling (except for sports betting) everything is based on luck. You can not change your luck based on your skills. You just place your bet amount and push the button. That it. But in trading, you need skills, analysis, strategies etc. And you can control your profit and loss based on your knowledge and experience.
I don't know how people mix up these two.
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I still can't understand why people think that Gambling and Trading are the same thing. Yes, they are somewhat similar tbh but that does not make them the same. In gambling (except for sports betting) everything is based on luck. You can not change your luck based on your skills. You just place your bet amount and push the button. That it. But in trading, you need skills, analysis, strategies etc. And you can control your profit and loss based on your knowledge and experience.
I agre with you, gambling is based on luck. that's all.
But In trading, needs skill, analysis, strategic, management of emotions etc. Trading is need experience and also knowledge about the coins and the projects.We should have good analysis and do research before buy the coins for trading.
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
If someone trades the market blindly, he is definitely gambling. Trading without a trading strategy and risk management is gambling. We are all aware that if we rely just on chance in our trade, we cannot guarantee future profitability. Consider that even a trader with a trading plan and risk management cannot be profitable in his first year of trading; how much more if we rely just on luck. So we should avoid trading if we know we are only gambling to avoid losing money.
-snip-
So as you're trading always do so to work on your trading skills and risk in trading there's no point you can say am done with learn let's just focus on earning alone (wrong) as you earning keep the learning going so that you would be trading instead of gambling with your trading funds
Some traders think that their knowledge is enough when they can manage to make profit in their couple of trades. But trading is not like that, the market will not always do the same way it used to be. Our mindset should be harmonized to the smart money to determined and avoid their possible next move since their aim is to take out our stop-losses. That's why we should always keep on learning and don't be over confident that our strategy will always work, sometimes we have to enhance it to be more effective in the market.
you are right having a little knowledge cannot make you to be a successful trader it may only help you at the starting of your trafihg given you a beginner luck profit. Without knowing that trading not something you can control (you can't control the market) or a task you just do and get paid No! Trading takes times to master you always learning from your mistakes shows that you are improving but I'm a scenario you keep on making that same mistakes like letting your emotions to get the best of you always shows that you have not being improving in your trading what skills. So as a trader you got to be determined and ready to learn and more you learn and more you realise that trading is not gambling.
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Trading needs skill, experience and good management of emotion.
Gambling too. it seems the same... ;D ;D ;D
what's the difference?
What differentiates trading and gambling is the way of analyzing charts, candles, etc.
Learn the project, fundamental, man behind etc.
Gambling is game, Gambling is a game where we don't play analysis, just play luck
why not delete you opinion.
"gambling is betting at unfavorable odds."
it is not a game it is taking unnecessary risks where the odds are against you.
Trading can be gambling because you can do it in a wrong manner.
Or it can be profit making if done in a correct manner. ie not gambling.
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"gambling is betting at unfavorable odds."
it is not a game it is taking unnecessary risks where the odds are against you.
Trading can be gambling because you can do it in a wrong manner.
Or it can be profit making if done in a correct manner. ie not gambling.
Some people may learn about trading but losing. Some people will leave trading and see it as gambling. Some people may continue and look for better strategies as some people will continue to lose than make profit. I prefer to post about trading like this because according to many researches, most traders are losing.
Trading is not gambling but we can say they are cousins. Do not mind my example. Trading and gambling are not the same at all. But their risk are almost similar. Although, if done rightly, it is true that the trader will make profit, but it is worth it to let people know that most traders are prone to losses.
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"gambling is betting at unfavorable odds."
it is not a game it is taking unnecessary risks where the odds are against you.
Trading can be gambling because you can do it in a wrong manner.
Or it can be profit making if done in a correct manner. ie not gambling.
Some people may learn about trading but losing. Some people will leave trading and see it as gambling. Some people may continue and look for better strategies as some people will continue to lose than make profit. I prefer to post about trading like this because according to many researches, most traders are losing.
Trading is not gambling but we can say they are cousins. Do not mind my example. Trading and gambling are not the same at all. But their risk are almost similar. Although, if done rightly, it is true that the trader will make profit, but it is worth it to let people know that most traders are prone to losses.
yep because there are fees. So the more rapidly you trade the more you pay in fees.
if you go in to a coin at 100
and set 2 ladders one for sell at
150 sell 20 percent
200 sell 20 percent
250 sell 20 percent
300 sell 20 percent
350 sell 20 percent
and a buy ladder at
80 buy 25 percent
60 buy 25 percent
40 buy 25 percent
20 buy 25 percent
and ignore all of the above for a few months then check results you have already succeeded in making very few trades which takes a lot of the gambling out of the plays.
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yep because there are fees. So the more rapidly you trade the more you pay in fees.
Frankly the fees are sometimes 0.1% which is very less comparing to the profit you can make or at-least you look forward.
If you even have a goal to make 0.5% profit in trades then you are still in profit. But ultimately the exchange loss noting, they earn from your buy and sell both orders LOL. Over time this 0.1% becomes a lot for them but you don't feel it because you are not paying much in each trades. I think it's psychological.
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- For me, it is not correct to compare gambling with trading. They are very different and have nothing in common. Those who think like this in their minds are gamblers and not traders, because real traders do not have this kind of mindset as individual traders.
Because trading is a skill that can be considered, we can't devote time and effort to learning it in reality. And it is also necessary to understand what will be learned here.
Trading and gambling both are different but if we are considering both as same then its our big fault and due to such thoughts people always loss more than they earn. For gambling we just choose to bet but the win or loss is concerned with fortune but such thing does not work in trading therefore keep learning if you want to get profit from trading.
Its a matter of thoughts that are you able to differentiate between gambling and trading or not because your positive thoughts and concept can only make you successful. Trading become more riskier than gambling if one fails to understand it and considering it as a luck based game.
What he said is right; trading and gambling are not the same. Even I, also believe in that concept too. Because if trading and gambling are similar, it should be called a trading casino, not just trading. See the logic?
Very simply, trading can be considered a profession, while gambling is not. If you have extensive knowledge in trading, the chances of you getting a profit are also high, while in gambling, whether you know something or not, you can win a large amount if you are lucky.
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Trading and gambling are completely different although they might have little similarities, because they both involved taking risk but gambling has a chance of winning, hoping for the best because we are just trying our luck but trading is what we do with caution because before we go into it, we will make a decision.
Also gambling is mostly dependent on luck and chances while trading requires more of experience rather than luck and chances.
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Trading is switching coin A and coin Z without having to lose coins (A and Z) but there is an increase and decrease in the value of the coins.
Gambing diverts coin A with the choice we choose, if the guess is correct then we get more than our capital but if the guess is wrong then coin A will be lost.
In the statement that I have written, it can also be seen that trading and gambling are two very different words.
I prefer trading even though the value is not big, but I don't like gambling at all and I stay away from everything about gambling.
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Trading is switching coin A and coin Z without having to lose coins (A and Z) but there is an increase and decrease in the value of the coins.
Gambing diverts coin A with the choice we choose, if the guess is correct then we get more than our capital but if the guess is wrong then coin A will be lost.
In the statement that I have written, it can also be seen that trading and gambling are two very different words.
I prefer trading even though the value is not big, but I don't like gambling at all and I stay away from everything about gambling.
I'm trying to understand your opinion.
In trading we switch two coins A to Z, only the coin will increase or decrease, it's small loss if our prediction will wrong.
Meanwhile, if you are gambling, you choose coin A, if it is wrong then you lose your capital to buy coin A.
If you say two different word, there is no need to discuss it.. ;)
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
In the worst-case scenario, trading is worse than gambling. There are a couple of types of trading. Spot trading, leverage trading, forex, and binary trading. I would say only Spot trading is a safer option regarding risk. You have to research the asset you will buy and act accordingly. The risk of losing is minimal if you have picked the right coin.
In comparison, if you do leverage trading or binary trading, then it could be worse than gambling. I have discussed this several times on Bitcointalk. Especially, binary trading is worse than gambling.
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
I did not take trading seriously but I gamble often, It is a too different thing but the element of luck is present in both, on luck based games your chances are always on luck no method can be considered to win continuously on sports betting you can analyze the game but it's still 50/50 because there are circumstances where your analysis can fail.
Trading takes time and you need constant monitoring, on gambling you just have to feel the game and hope that things will go your way.
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
I did not take trading seriously but I gamble often, It is a too different thing but the element of luck is present in both, on luck based games your chances are always on luck no method can be considered to win continuously on sports betting you can analyze the game but it's still 50/50 because there are circumstances where your analysis can fail.
Trading takes time and you need constant monitoring, on gambling you just have to feel the game and hope that things will go your way.
I never do gambling, because I don't have the skills and good feeling there. I'm just a holder, who buys and holds some potential coins. In my free time, I trade and even though I am not a professional trader.
I agree with you when comparing trading and gambling. Trading requires a lot of time to monitor the market.
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Trading is switching coin A and coin Z without having to lose coins (A and Z) but there is an increase and decrease in the value of the coins.
Gambing diverts coin A with the choice we choose, if the guess is correct then we get more than our capital but if the guess is wrong then coin A will be lost.
In the statement that I have written, it can also be seen that trading and gambling are two very different words.
I prefer trading even though the value is not big, but I don't like gambling at all and I stay away from everything about gambling.
I'm trying to understand your opinion.
In trading we switch two coins A to Z, only the coin will increase or decrease, it's small loss if our prediction will wrong.
Meanwhile, if you are gambling, you choose coin A, if it is wrong then you lose your capital to buy coin A.
If you say two different word, there is no need to discuss it.. ;)
Yeps, that's my opinion about the difference between gambling and trading because these two words also have very different meanings.
But in trading there are also elements that provide the basis for gambling, such as Future, Margin and Option trading (after I saw this feature on Binance).
More precisely, I don't really understand Future, Margin and Option trading because I don't trade on Binance very often and I'm also not an expert in trading.
But indirectly, Future, Margin and Option trading on Binance is like loan trading but there is a limit on losses or profits and if the loss is large then Binance immediately takes our assets because it is not strong enough to hold our loan funds.
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Gambling and trading are two different things and the context of the two is completely different. Money has to be invested in business and money can be earned by doing business in the right way in which there is no chance of losing money or capital completely. Gambling, on the other hand, is largely based on luck, where if I bet on a certain thing, the thing is that either my capital will not be lost or some amount of profit will come with the return of the capital. One wrong gamble is enough to lose the entire money. Where you are earning money with hard work you can lose it in moments by gambling. I am a gambler as well as a trader but I try to do both very responsibly so as not to put my money at excessive risk.
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
I did not take trading seriously but I gamble often, It is a too different thing but the element of luck is present in both, on luck based games your chances are always on luck no method can be considered to win continuously on sports betting you can analyze the game but it's still 50/50 because there are circumstances where your analysis can fail.
Trading takes time and you need constant monitoring, on gambling you just have to feel the game and hope that things will go your way.
- So you mean that luck also exists in trading, whether forex or cryptocurrency? Is that right? Maybe in other cases, what you say can happen, mate. It's like if you're just a beginner and suddenly the crypto you bought is pumped. But it can still be said that you take a risk for it even if you have no knowledge of crypto.
But as you said, gambling is really different from trading in reality. Because of trading, it uses technical and fundamental analysis, and it cannot be owned by those who do not have an idea or understanding of this trading.
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Gambling and trading are two different things and the context of the two is completely different. Money has to be invested in business and money can be earned by doing business in the right way in which there is no chance of losing money or capital completely. Gambling, on the other hand, is largely based on luck, where if I bet on a certain thing, the thing is that either my capital will not be lost or some amount of profit will come with the return of the capital. One wrong gamble is enough to lose the entire money. Where you are earning money with hard work you can lose it in moments by gambling. I am a gambler as well as a trader but I try to do both very responsibly so as not to put my money at excessive risk.
Totally different thing on which we know that trading could really lead into further money making opportunity or could really be making as an income source if you have done it well.Whereas, this thing cant really be that possible when dealing up with gambling even if we do say we are dealing on something strategic like sports betting and card games. We've been hearing off that there are
gamblers who do make it as a living on which we cant really be able to prove it out but pretty sure it would really be something that should really be avoided in the first place.
We do know on how risky gambling is and how its advisable on keeping the risks as minimal as possible.
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Well, what I can think about this is that the tradition will Always have logical bases, of analysis, both technical and fundamental, that is something that we must see and feel that it is good, on a personal level I have always said that Trading is based on What we know and the decisions we make are the ones that will make us win or lose, and sometimes they have the logical part and very little given to luck, but it cannot be ruled out, in Reality gambling is just having luck , of course when They play things like ruleta, crash, slots, all this makes a difference, and yes, it has a lot to do with luck, although sometimes the strategies do work, but the strategies do not imply that they are or represent almost a whole.
For the things that we are currently Seeing, it is not good to bet on trading or make strategies in gambling as in trading, for me things have to go further , each thing has to be known how to do.
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Totally different thing on which we know that trading could really lead into further money making opportunity or could really be making as an income source if you have done it well.Whereas, this thing cant really be that possible when dealing up with gambling even if we do say we are dealing on something strategic like sports betting and card games. We've been hearing off that there are
gamblers who do make it as a living on which we cant really be able to prove it out but pretty sure it would really be something that should really be avoided in the first place.
We do know on how risky gambling is and how its advisable on keeping the risks as minimal as possible.
Gambling and trading cryptocurrency are of course very different activities. In trading, you only need to buy and sell assets when you feel you have made enough profits, but when gambling, your assets will disappear instantly if you make the wrong decision. encounter in gambling will certainly get bigger and very dangerous.
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Topics like this are widely discussed not only in crypto forums but also on social media and in telegram groups. Those who lose in trading and are frustrated with trading sometimes blame trading and say trading is gambling. However, trading is trading and gambling is gambling. they are two different things. We can analyze trading carefully and it is even very easy to make a profit if we understand fundamental analysis. This is different from gambling where everything is just based on luck. because there is no way to analyze like trading. There is only speculation without fundamentals.
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Gambling and trading cryptocurrency are of course very different activities. In trading, you only need to buy and sell assets when you feel you have made enough profits, but when gambling, your assets will disappear instantly if you make the wrong decision. encounter in gambling will certainly get bigger and very dangerous.
What you say is completely true, but some trades such as Binary Options trading can be said to be gambling under the guise of trading because it is just a price guess, there is no asset you hold, you just need to bet with your money and if you predict wrong then your money will be lost.
But of course gambling will be very different from Spot trading, Futures trading or forex trading, because we still have a number of assets that we hold as a form of trading that is done.
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Gambling and trading cryptocurrency are of course very different activities. In trading, you only need to buy and sell assets when you feel you have made enough profits, but when gambling, your assets will disappear instantly if you make the wrong decision. encounter in gambling will certainly get bigger and very dangerous.
Of course, gambling and trading are very different. Gambling should be more dangerous because it has no guarantee at all, purely relies on the luck. While in trading, the knowledge and experience can increase the chance to get profits. We can trade in a more secure way if we have good knowledge and experience, it is because we will choose a proper strategy to use.
In my opinion, gambling and trading aren't comparable because the factors to succeed are too different. They only have the similarity in the result, that the goals of those activities are to earn money. :D
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In the statement that I have written, it can also be seen that trading and gambling are two very different words.
I prefer trading even though the value is not big, but I don't like gambling at all and I stay away from everything about gambling.
Simply put, trading uses technical and fundamental analysis, strategy, and risk and emotional management on pairs in a dynamically moving market. Meanwhile, gambling is when someone puts their money into one thing with the hope that they will be able to get money from that thing. So trading and gambling are two different things, even though the aim of both things is to make money.
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Simply put, trading uses technical and fundamental analysis, strategy, and risk and emotional management on pairs in a dynamically moving market. Meanwhile, gambling is when someone puts their money into one thing with the hope that they will be able to get money from that thing. So trading and gambling are two different things, even though the aim of both things is to make money.
When we trade, we need complex knowledge. That's why we must have the ability in analyzing of the fundamentals, charts, and we must have the ability to control our mentality. But in gambling, we don't really rely on the knowledge about analyzing the fundamentals or charts. We just need to control emotion and know how to limit the budget. However, both trading and gambling have the same risks, it is about the chance for losing money. ;D
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In the statement that I have written, it can also be seen that trading and gambling are two very different words.
I prefer trading even though the value is not big, but I don't like gambling at all and I stay away from everything about gambling.
Simply put, trading uses technical and fundamental analysis, strategy, and risk and emotional management on pairs in a dynamically moving market. Meanwhile, gambling is when someone puts their money into one thing with the hope that they will be able to get money from that thing. So trading and gambling are two different things, even though the aim of both things is to make money.
What you say is interesting because in particular I am a person who has always seen trading as a deep study of stocks and that can give very good results if proposed, I am also one to do the fundamental analysis first because that is where I encompass my knowledge that I have about the world, the things that are Happening and that helps me try to Predict the things that can happen, but in another order of ideas things can be different because they basically happen if I choose that it could be done alone Technical analysis with the Wykoff method and fundamental analysis, helping me with what the great Jesse Livermore thought, who was one of the great explorers of the years 1800-1900.
But everything that is and how you can analyze the market is great for me, because they are a way to see the market in a different way and that is the enrichment of this, the more we know about the market I think it translates into more entry of money.
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When we trade, we need complex knowledge. That's why we must have the ability in analyzing of the fundamentals, charts, and we must have the ability to control our mentality. But in gambling, we don't really rely on the knowledge about analyzing the fundamentals or charts. We just need to control emotion and know how to limit the budget. However, both trading and gambling have the same risks, it is about the chance for losing money. ;D
The main thing here is knowledge if you have knowledge and are able to read price chart and work according to it and also you know that which time is better to do a trade then you can get success but if you don't know anything and have a zero knowledge then it means that you does not posses the ability to differentiate between gambling and trading.
The better thing to reduces your losses in both gambling and trading is that don't be too conscious about your loss and forget what has been done in the past. Fix few days for it and don't use too much money in trading and gambling as they can destroy you because in trading you cannot be successful without knowledge and gambling will not allow you to be successful always as it is a game of luck.
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I agree that trading is significantly different as compared to gambling. While both involve risk, yes, trading uses analytical tools and market indicators to make informed decisions, which provides a structured approach to forecasting market movements. Gambling does not have this degree of predictability and strategic planning, so on that basis alone its completely different. Trading depends heavily on a trader a skills and strategy rather than just luck. So I completely agree with you on that front.
I guess it's worth mentioning what type of trading we are talking about. Because there are a lot of trading these days. All the facts you stated are true when it comes to crypto currency trading (spot) and forex trading. But, when it comes to binary trading, it is worse than gambling. I have lost over a hundred dollars a week ago because I am stupid enough that I become interested again to try these scammy binary trading.
If you would like to discuss this further, you can contact me via my Discord:
This is public forum and we love to discuss these thing with each other so everyone can learn new things. I do not understand the point of asking a member to contact in private to discuss trading related things. This does not look good. You know what I mean.
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Actually, it's not the same. But as most members here say, it can be the same because of the various actions of the traders. Because trading is equally high risk, it requires very mature and mental preparedness. So we also have to start understanding what we have to do in trading so that it doesn't refer to gambling, including how we can anticipate markets that change at any time.
And of course this may be different from gambling. It might be much better if you carry out trading but really with a concept and well managed and also with sufficient competence. This will show that we are different from gamblers, more than just relying on luck.
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Simply put, trading uses technical and fundamental analysis, strategy, and risk and emotional management on pairs in a dynamically moving market. Meanwhile, gambling is when someone puts their money into one thing with the hope that they will be able to get money from that thing. So trading and gambling are two different things, even though the aim of both things is to make money.
When we trade, we need complex knowledge. That's why we must have the ability in analyzing of the fundamentals, charts, and we must have the ability to control our mentality. But in gambling, we don't really rely on the knowledge about analyzing the fundamentals or charts. We just need to control emotion and know how to limit the budget. However, both trading and gambling have the same risks, it is about the chance for losing money. ;D
- That is correct mate, in trading there is a lot to consider and do before we have extensive knowledge about it, and besides that it is normal that there is risk in doing it. But this does not mean that it has a similarity to gambling, of course it is not like that.
Because we don't do trading just to play, but we treat this like a profession, skills, just like to have a job, well actually it is a job where we can be able to get profit via trading concept here in the crypto space.
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Simply put, trading uses technical and fundamental analysis, strategy, and risk and emotional management on pairs in a dynamically moving market. Meanwhile, gambling is when someone puts their money into one thing with the hope that they will be able to get money from that thing. So trading and gambling are two different things, even though the aim of both things is to make money.
When we trade, we need complex knowledge. That's why we must have the ability in analyzing of the fundamentals, charts, and we must have the ability to control our mentality. But in gambling, we don't really rely on the knowledge about analyzing the fundamentals or charts. We just need to control emotion and know how to limit the budget. However, both trading and gambling have the same risks, it is about the chance for losing money. ;D
yeah, you're right. trading needs knowledge, good analysis, and how to control emotions. it takes a long experience to become a trader. And also the ability to manage profits and losses that will occur. I am not a gambler, I only know gambling is a gamble without the need for experience and knowledge like trading
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yeah, you're right. trading needs knowledge, good analysis, and how to control emotions. it takes a long experience to become a trader. And also the ability to manage profits and losses that will occur. I am not a gambler, I only know gambling is a gamble without the need for experience and knowledge like trading
But some people rely on their trading boss. They wait for signals to open a position and wait for their boss to give another signal about when to close their position. People always like to make money and they find a quick way to make money. This is why they look for signals and do not want to learn how to trade. This is one of the reasons people consider trade as gambling. Yes, it's gambling for those people who do not know how to trade. If you are opening position without knowing how it works, it is pure gambling. Isn't it?
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Most of the time, both online and offline, there has been some argument relating to the title of this thread. Some people think that trading is just based on luck, like the way gambling is basically dependent on how lucky the player can be. In trading, there are some trading tools and parameters that traders use to analyze the market. Despite the fact that the crypto market is quite unpredictable all the time, traders and some market analysts use most of the trading tools to analyze the direction of the market, and that's what gives them the insight to make some predictions that could actually be correct. Some market predictions may not actually be 100%, 90%, or 80% accurate, but in most cases, they could be around 60–70% accurate, and some traders will advise you to make sure you "take profit" where you have met a good sum of profit. It is better to take a profit than to wait for your prediction to actually be 100% of the price you expect to sell.
The crypto market is very dynamic, and despite the fact that crypto enthusiasts cannot actually be 100% accurate about the direction of the market, that doesn't mean that trading should be handled as gambling. As a trader, it's good to keep learning and developing your own personal strategy that can help you win in the market; otherwise, you'll experience more losses than profits.
Also, there are different kinds of trading, such as grid trading, spot trading, forex trading, and futures trading. Those kinds of leveraged trading, such as futures and forex, are a bit more risky than spot trading. Spot trading is what I actually prefer because it is just the normal buying of a coin or token when the price is okay for you, and you can sell after the price spikes a bit and generate little profit for you.
Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
There is a big difference between trading and gambling
1) trading involves risk management whereas gambling isn't
2) trading is based on analysis, fundamental and technical analysis whereas gambling isn't.
3) trading is based on take profits and stop losses whereas gambling isn't.
4) trading is about trends, directions and strategies whereas gambling isn't.
5) trading is about stocks,shares, crypto currencies whereby gambling isn't.
These are few points of mine about trading and gambling.
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People tend to confuse between trading and gambling. They are two different things entirely, in trading experience and equipments to analyze the market before traditional is required and when you have all the requirements then you can make profits more than gain. While gambling is based on luck, it is 50-50 either ,ou win or you loose .
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People tend to confuse between trading and gambling. They are two different things entirely, in trading experience and equipments to analyze the market before traditional is required and when you have all the requirements then you can make profits more than gain. While gambling is based on luck, it is 50-50 either ,ou win or you loose .
I think trading and gambling have very clear differences, trading is basically buying and after that waiting for the price to rise then selling if you want to make a profit, whereas for gambling you have to guess something that is not certain to be true. If you guess wrong then your capital use will disappear instantly.
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People tend to confuse between trading and gambling. They are two different things entirely, in trading experience and equipments to analyze the market before traditional is required and when you have all the requirements then you can make profits more than gain. While gambling is based on luck, it is 50-50 either ,ou win or you loose .
I think trading and gambling have very clear differences, trading is basically buying and after that waiting for the price to rise then selling if you want to make a profit, whereas for gambling you have to guess something that is not certain to be true. If you guess wrong then your capital use will disappear instantly.
That's why, and that's what I'm thinking too, dude. There are even others who consider gambling to be an investment. When I read that, it made me wonder how gambling became an investment if the only thing you do as a gambler is to bet on a casino game.
Whereas trading can really be considered an investment because you don't have to use the funds you entered to equalize it in a game, instead you buy and then wait for the price to rise to what you want so that you have the profit you want to get, gambling is not like that.
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I don't directly compare trading with gambling because in gambling there is no possibility of loss recovery but in trading there is definitely possibility of loss recovery. But there is a lot in common in both cases, both trading and gambling have uncertain chances and you can never guarantee profit. Trading should never be over-emotional and greedy. Similarly, gambling should not be over-emotional.
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I don't directly compare trading with gambling because in gambling there is no possibility of loss recovery but in trading there is definitely possibility of loss recovery. But there is a lot in common in both cases, both trading and gambling have uncertain chances and you can never guarantee profit. Trading should never be over-emotional and greedy. Similarly, gambling should not be over-emotional.
You are right, besides that in commerce things are more the responsibility of our thinking and acting wisely choosing the movements of the market and if we make a mistake it is entirely our fault and not by chance, although sometimes the random part of gambling can happen. compare with market volatility, but basically in the crypto market, and like Bitcoin, our decisions have a lot to do with what we win or lose, for that reason when playing in a casino any type of game is related such as roulette, slots , since it is focused on luck and strategy it does have a weight, but it is the luck factor.
Furthermore, trading like gamling is something that is not recommended, you have to make movements very well calculated and with a lot of logic, not in the game, we can play very well with all the logic in the world, but you can still lose .
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I don't directly compare trading with gambling because in gambling there is no possibility of loss recovery but in trading there is definitely possibility of loss recovery.
Both in gambling and trading, there is possibility of loss recovery. In trading, using low leverage or trading in the spot market and using a good coin to trade like bitcoin makes the possibility of profit and unrealized loss recovery to be high, but in gambling the possibility to recover back loss is low. Be it high or low, there is still possibility of loss recovery in both.
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I don't directly compare trading with gambling because in gambling there is no possibility of loss recovery but in trading there is definitely possibility of loss recovery.
Both in gambling and trading, there is possibility of loss recovery. In trading, using low leverage or trading in the spot market and using a good coin to trade like bitcoin makes the possibility of profit and unrealized loss recovery to be high, but in gambling the possibility to recover back loss is low. Be it high or low, there is still possibility of loss recovery in both.
In trading you think you bought bitcoins and immediately the market went down instead of going up. If you wait to pump after the market is dumping, you can be sure that the market will recover at some point in your trading.
But in case of gambling you bet on a football match and you lose the bet you can never recover your bet dollar amount after losing but you have to bet again to recover the previous bet money.
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In trading you think you bought bitcoins and immediately the market went down instead of going up. If you wait to pump after the market is dumping, you can be sure that the market will recover at some point in your trading.
But in case of gambling you bet on a football match and you lose the bet you can never recover your bet dollar amount after losing but you have to bet again to recover the previous bet money.
Trading is not as easy as this. Some people will say if they do not make profit, that they will not sell. If not selling for a long time, did you know that is becoming holding? Also in comparison, what is similar to trading like it is in forex is future trading in crypto. How it works and the leverage people are using will not make them wait for long and hold but do the real trading with stop lose and take profit set while they open a position. Know that there are many traders that are trading not just bitcoin but also trading shit coins. What you think as unrealized loss will be a realized loss for them as they can close a position at anytime to avoid more losses.
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In trading you think you bought bitcoins and immediately the market went down instead of going up. If you wait to pump after the market is dumping, you can be sure that the market will recover at some point in your trading.
But in case of gambling you bet on a football match and you lose the bet you can never recover your bet dollar amount after losing but you have to bet again to recover the previous bet money.
Trading is not as easy as this. Some people will say if they do not make profit, that they will not sell. If not selling for a long time, did you know that is becoming holding? Also in comparison, what is similar to trading like it is in forex is future trading in crypto. How it works and the leverage people are using will not make them wait for long and hold but do the real trading with stop lose and take profit set while they open a position. Know that there are many traders that are trading not just bitcoin but also trading shit coins. What you think as unrealized loss will be a realized loss for them as they can close a position at anytime to avoid more losses.
Dont get yourself that being hyped up on the time that you would really be able to see someones trades on which you are really that even trying out to believe that it is really just that too easy
for you to deal with.On the time that you would really be making out such approach on which you do tend to deal up with trading with having that rush engagement then you are really that making it as a gambling. Trading isnt something that a skill that you could really be able to learn in a short period of time on which it would be needing up that proper
approach and learning on things because you wouldnt really be able to make yourself that sustain if you would behaving on this way.
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I don't directly compare trading with gambling because in gambling there is no possibility of loss recovery but in trading there is definitely possibility of loss recovery.
Both in gambling and trading, there is possibility of loss recovery. In trading, using low leverage or trading in the spot market and using a good coin to trade like bitcoin makes the possibility of profit and unrealized loss recovery to be high, but in gambling the possibility to recover back loss is low. Be it high or low, there is still possibility of loss recovery in both.
- What you say is true. We all know that in trading we can earn and we can also lose, but the loss can still be recovered through the skills of understanding that we have in trading. Because if we don't know anything about trading, everything will just end in losses.
Unlike gambling, it is not the same as trading, because in gambling, we only gamble the money that we bet with no certainty that we will get a profit in the end.
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Dont get yourself that being hyped up on the time that you would really be able to see someones trades on which you are really that even trying out to believe that it is really just that too easy
for you to deal with.On the time that you would really be making out such approach on which you do tend to deal up with trading with having that rush engagement then you are really that making it as a gambling. Trading isnt something that a skill that you could really be able to learn in a short period of time on which it would be needing up that proper
approach and learning on things because you wouldnt really be able to make yourself that sustain if you would behaving on this way.
Agree with what you said, trading is not an easy thing, it takes a long time to learn. because it requires experience and accurate analysis in predicting the market. If trading was easy then the majority of investors would choose trading, whereas we know that most choose to be holders
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Agree with what you said, trading is not an easy thing, it takes a long time to learn. because it requires experience and accurate analysis in predicting the market. If trading was easy then the majority of investors would choose trading, whereas we know that most choose to be holders
Trading carried out has very high risks, as you have said, trading requires experience and analysis, but there is still something you have not mentioned, the most important thing is to manage emotional conditions so that you are not easily influenced by the conditions of the exchange location. Sometimes, when you have done a good analysis, you still lose when you can't control your emotions to enter cryptocurrency well.
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Agree with what you said, trading is not an easy thing, it takes a long time to learn. because it requires experience and accurate analysis in predicting the market. If trading was easy then the majority of investors would choose trading, whereas we know that most choose to be holders
Trading carried out has very high risks, as you have said, trading requires experience and analysis, but there is still something you have not mentioned, the most important thing is to manage emotional conditions so that you are not easily influenced by the conditions of the exchange location. Sometimes, when you have done a good analysis, you still lose when you can't control your emotions to enter cryptocurrency well.
Exactly, emotions and patience are very important keys to success when you want to trade. The very fluctuating conditions of exchange places sometimes have an impact on people who are often unable to determine the right price to enter and exit with the profits they have obtained.
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I don't directly compare trading with gambling because in gambling there is no possibility of loss recovery but in trading there is definitely possibility of loss recovery.
Both in gambling and trading, there is possibility of loss recovery. In trading, using low leverage or trading in the spot market and using a good coin to trade like bitcoin makes the possibility of profit and unrealized loss recovery to be high, but in gambling the possibility to recover back loss is low. Be it high or low, there is still possibility of loss recovery in both.
Gambling or trading are two different things and the context is different. Although futures trading is somewhat compared to gambling, it means trading but not futures training. We always say that futures trading is always risky and it is a lot like gambling. Just like in gambling you can lose money in a moment, in futures trading you can lose money at any time, but the risk in futures trading is much less than in gambling. In futures trading a trader gets enough time to protect his money from losing money if the person has enough money. Although there are such benefits in futures trading, there is no such opportunity in gambling, so we can never match business with gambling.
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Trading is something different from gambling, but we can be making it appears as if we are gambling under the kinds of trades that we make, but we should not forget that they are not the same and cannot, if we are into trade and we understand how to trade, then the level of risk we are going to be exposed to will be minimal because we know the direction at which the market in going to an extent if we give it time speculating, gambling is something completely different because its all abut having fun and entertainments.
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then the level of risk we are going to be exposed to will be minimal because we know the direction at which the market in going to an extent if we give it time speculating
No excellent indicator or perfect tool that can 100% let you know the direction that the market price of a coin is going. The lesser the duration of time, the less accurate will be your indicator or tool used for it. The only time that you can get it right perfectly is if you are a holder and if you are patient. Traders needs other strategies to make profit than loss.
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Trading is something different from gambling, but we can be making it appears as if we are gambling under the kinds of trades that we make, but we should not forget that they are not the same and cannot, if we are into trade and we understand how to trade, then the level of risk we are going to be exposed to will be minimal because we know the direction at which the market in going to an extent if we give it time speculating, gambling is something completely different because its all abut having fun and entertainments.
The only time I can say that gambling and trading is the same is when you involved yourself in future trading, with high leverage you are doing more than betting because you are betting against another person through a contract which means that you are having a predicted price of movement of a coin. If it favour's you, fine and it's doesn't favour you that means your money is gone.
However, if you use leverage of 2x in a trade, it's always difficult to get liquidated when trading, it's more like you are doing spot trading or margin trading which has a minimal risk as compared to futures.
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Dont get yourself that being hyped up on the time that you would really be able to see someones trades on which you are really that even trying out to believe that it is really just that too easy
for you to deal with.On the time that you would really be making out such approach on which you do tend to deal up with trading with having that rush engagement then you are really that making it as a gambling. Trading isnt something that a skill that you could really be able to learn in a short period of time on which it would be needing up that proper
approach and learning on things because you wouldnt really be able to make yourself that sustain if you would behaving on this way.
Agree with what you said, trading is not an easy thing, it takes a long time to learn. because it requires experience and accurate analysis in predicting the market. If trading was easy then the majority of investors would choose trading, whereas we know that most choose to be holders
You would really be ending up on being a holder once you have been able to bought on the peak but if you are someone whose really that holding for long term then it wont be an issue.
Trading could really be only a gambling if you wont really be applying an analysis through it but if you do apply it out then it isnt on gambling approach on which as it should be.
You would really be able to find for yourself on the time that you have put up your foot into this industry on which this isnt really needing up some intuition kind of approach
or with just some gut feeling.
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I don't directly compare trading with gambling because in gambling there is no possibility of loss recovery but in trading there is definitely possibility of loss recovery.
Both in gambling and trading, there is possibility of loss recovery. In trading, using low leverage or trading in the spot market and using a good coin to trade like bitcoin makes the possibility of profit and unrealized loss recovery to be high, but in gambling the possibility to recover back loss is low. Be it high or low, there is still possibility of loss recovery in both.
They both have similar features. Gambling is based on luck, but trading is not based on luck, only new traders that jump into trading with have any knowledge of it, that can be lucky to make profit at the first start. Trading can be learnt and you can become a professional trader, but no one can become a professional gambler. However, being a professional trader does not mean that you will not run at great loss when you make the wrong move. They both mess with our emotions.
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They both have similar features. Gambling is based on luck, but trading is not based on luck, only new traders that jump into trading with have any knowledge of it, that can be lucky to make profit at the first start. Trading can be learnt and you can become a professional trader, but no one can become a professional gambler. However, being a professional trader does not mean that you will not run at great loss when you make the wrong move. They both mess with our emotions.
You are right, there are no professional gamblers, but professional traders. Even though they both have the same profession. Trading requires analysis, knowledge and experience to be able to predict prices accurately. Meanwhile, a gambler only relies on luck. I chose to be a trader rather than a gambler.
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
I completely agree...
Investing in crypto assets is not considered gambling if done correctly.
Crypto trading is the same as traditional markets in general, namely relying on technical and fundamental analysis.
Investors use strategies and approaches based on data analysis, and accurate information, following their financial goals and risk tolerance.
But unfortunately, some people prefer to buy shitcoins, hoping that the price will rise 1000% and hope to get rich overnight. They behave like gamblers.
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Investing in crypto assets is not considered gambling if done correctly.
Crypto trading is the same as traditional markets in general, namely relying on technical and fundamental analysis.
Investors use strategies and approaches based on data analysis, and accurate information, following their financial goals and risk tolerance.
But unfortunately, some people prefer to buy shitcoins, hoping that the price will rise 1000% and hope to get rich overnight. They behave like gamblers.
People who compare trading with gambling either don't know everything or they refer to a specific part of trading as having a resemblance with gambling because that is true, if we look at investors that invest their money in meme coins and shitcoins as you said, or those who make investments without conducting any research or analyzing the cryptocurrencies they are investing in are basically gambling with their money.
However, someone with enough knowledge would know that trading and gambling are completely different things because gambling is completely based on luck whereas trading requires knowledge and skills for one to be able to earn money.
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Trading needs skill, experience and good management of emotion.
Gambling too. it seems the same... ;D ;D ;D
what's the difference?
What differentiates trading and gambling is the way of analyzing charts, candles, etc.
Learn the project, fundamental, man behind etc.
Gambling is game, Gambling is a game where we don't play analysis, just play luck
This is an excellent analysis. When we trade, we make many rational assessments and we come to a conclusion. When we gamble, we also make some rational assessments, especially in sports competitions, but in the end it is luck that makes us winners. A person who buys Bitcoin today, even if it is close to the ATH level, can make a lot of money in 10 years, but a person who bets to make money today and in the next 10 years is always very close to losing all of his money. I don't think gambling is an activity that fulfills the purpose of making money. That's why it's a big mistake to even compare it with trading.
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Most of the time, both online and offline, there has been some argument relating to the title of this thread. Some people think that trading is just based on luck, like the way gambling is basically dependent on how lucky the player can be. In trading, there are some trading tools and parameters that traders use to analyze the market. Despite the fact that the crypto market is quite unpredictable all the time, traders and some market analysts use most of the trading tools to analyze the direction of the market, and that's what gives them the insight to make some predictions that could actually be correct. Some market predictions may not actually be 100%, 90%, or 80% accurate, but in most cases, they could be around 60–70% accurate, and some traders will advise you to make sure you "take profit" where you have met a good sum of profit. It is better to take a profit than to wait for your prediction to actually be 100% of the price you expect to sell.
The crypto market is very dynamic, and despite the fact that crypto enthusiasts cannot actually be 100% accurate about the direction of the market, that doesn't mean that trading should be handled as gambling. As a trader, it's good to keep learning and developing your own personal strategy that can help you win in the market; otherwise, you'll experience more losses than profits.
Also, there are different kinds of trading, such as grid trading, spot trading, forex trading, and futures trading. Those kinds of leveraged trading, such as futures and forex, are a bit more risky than spot trading. Spot trading is what I actually prefer because it is just the normal buying of a coin or token when the price is okay for you, and you can sell after the price spikes a bit and generate little profit for you.
Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
You are absolutely right, they both in risk taking but are different activities. Gambling is a game of chance where you getting the opportunity to win , while trading is a skill that requires your understanding and strategy to carry out. Both are Interesting, trading is a long term success than gambling.its very important to learn develop and focus on skills base then luck .
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You are right, there are no professional gamblers, but professional traders. Even though they both have the same profession. Trading requires analysis, knowledge and experience to be able to predict prices accurately. Meanwhile, a gambler only relies on luck. I chose to be a trader rather than a gambler.
Professionalism is not what that matters. What that matters is to know that both gambling and trading are very risky. They are not the same but they are very risky. Someone can begin to trade and be losing. Grow in experience and still be losing. You can not profit from the price accurately and that makes trading to be more than that. Patience is required in trading. Example of the patience is having $500 to trade but starting with $100 which is less than 1x leverage and later increase the money if the market go against your direction. Also not to be greedy. This are used to support the technical analysis.
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
I completely agree...
Investing in crypto assets is not considered gambling if done correctly.
Crypto trading is the same as traditional markets in general, namely relying on technical and fundamental analysis.
Investors use strategies and approaches based on data analysis, and accurate information, following their financial goals and risk tolerance.
But unfortunately, some people prefer to buy shitcoins, hoping that the price will rise 1000% and hope to get rich overnight. They behave like gamblers.
When you think that it looks like I will make money because it is noticed that if the increase continues, for sure you will lose in trading, Because you are only predicting your trading, you must have an understanding so that you can make a correct technical analysis.
If that is the only basis for a trader, he is not a trader who can be considered a gambler instead. That is not the concept of trading in the crypto space.
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They both have similar features. Gambling is based on luck, but trading is not based on luck, only new traders that jump into trading with have any knowledge of it, that can be lucky to make profit at the first start. Trading can be learnt and you can become a professional trader, but no one can become a professional gambler. However, being a professional trader does not mean that you will not run at great loss when you make the wrong move. They both mess with our emotions.
You are right, there are no professional gamblers, but professional traders. Even though they both have the same profession. Trading requires analysis, knowledge and experience to be able to predict prices accurately. Meanwhile, a gambler only relies on luck. I chose to be a trader rather than a gambler.
A professional trader gains enough skill in his trade that he can fully utilize his skill in his trade but a gambler cannot fully utilize his skill no matter how much he gambles because gambling does not depend on complete skill. Gambling doesn't depend entirely on skill it depends a lot on luck so no matter how much you gamble and win you have to sit on your luck. But in business you will be more likely to succeed if you rely on your business skills rather than luck. Since trading is not dependent on luck, we must rely on our own skill rather than gambling.
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A professional trader gains enough skill in his trade that he can fully utilize his skill in his trade but a gambler cannot fully utilize his skill no matter how much he gambles because gambling does not depend on complete skill. Gambling doesn't depend entirely on skill it depends a lot on luck so no matter how much you gamble and win you have to sit on your luck. But in business you will be more likely to succeed if you rely on your business skills rather than luck. Since trading is not dependent on luck, we must rely on our own skill rather than gambling.
I also see that a gambler only relies on luck, while a professional trader will rely on skill, knowledge and experience. A trader takes a long time to develop skills because he needs to focus and have almost accurate analysis and predictions, said several members here. And it also requires sacrifice, because we will definitely experience losses in trading.
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I also see that a gambler only relies on luck, while a professional trader will rely on skill, knowledge and experience. A trader takes a long time to develop skills because he needs to focus and have almost accurate analysis and predictions, said several members here. And it also requires sacrifice, because we will definitely experience losses in trading.
Gamblers and traders have almost the same needs because if you look at sports betting then you must have knowledge of the team you want to choose, the experience they have had, of course it requires an analysis of the health condition of that team, so that we can help determine this team has potential win or not. Likewise for traders who have to do what you have mentioned above.
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
how can it be said to be gambling, we target the highest price we want instead of guessing the price, and we have chosen which coins we will invest in and then buy and sell,
So I think trading is not gambling, because clearly we carry out the process of buying and selling on the stock exchange, not putting our money on false hopes.
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You are absolutely right, they both in risk taking but are different activities. Gambling is a game of chance where you getting the opportunity to win , while trading is a skill that requires your understanding and strategy to carry out. Both are Interesting, trading is a long term success than gambling.its very important to learn develop and focus on skills base then luck .
I think gambling and trading both require skills, if you don't have skills you can't win in gambling irrespective of whether it's a casino game or sportsbets and you can't win in trading if you don't have the skills of trading, you need to understand fundamental of a coin and technical aspect of a coin to succeed as a trader.
However, the key difference here is that gambling loss is a disaster in a such a way that you can't minimize your loss, ones you loss everything is over, you have to use another money to gamble again but a trader can have loss and if th coin is not a shit coin, the loss will not take away his money completely like gambling and another adventage of trading is that you can hold if you have a loss as a that loss is unrealized one as long as you don't sell.
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how can it be said to be gambling, we target the highest price we want instead of guessing the price, and we have chosen which coins we will invest in and then buy and sell,
So I think trading is not gambling, because clearly we carry out the process of buying and selling on the stock exchange, not putting our money on false hopes.
That's right, when you have bought coins, we aim to open a sell order at the highest price so that profits are maximized, but have you forgotten that there are several trading methods that are often found on several large exchanges, such as the Binance exchange. Future Trading, is this method the same as the one you mentioned above? From my point of view, these two methods have very clear differences and if measured from a risk scale, Future Trading has a higher risk than trading as usual.
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That's right, when you have bought coins, we aim to open a sell order at the highest price so that profits are maximized, but have you forgotten that there are several trading methods that are often found on several large exchanges, such as the Binance exchange. Future Trading, is this method the same as the one you mentioned above? From my point of view, these two methods have very clear differences and if measured from a risk scale, Future Trading has a higher risk than trading as usual.
Trading is indeed different from gambling. Gambling is actually just a matter of guessing without us participating in the movement itself. For example, if we bet on the price of BTC going up next month to 77k but we don't have any bitcoins that have been bought and will be sold. But we're just placing a bet. Well then this is called gambling. Because those who bet are not involved in moving prices in the market, while their traders are part of moving prices in the market or are involved in the market.
In Future trading I also don't understand whether they belong to what type. It's just that future trading also has involvement in the future market itself. So the futures market cannot be called gambling either. It's just that they are almost approaching it. Maybe. please correct me if I'm wrong.
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Investing in crypto assets is not considered gambling if done correctly.
Crypto trading is the same as traditional markets in general, namely relying on technical and fundamental analysis.
Investors use strategies and approaches based on data analysis, and accurate information, following their financial goals and risk tolerance.
But unfortunately, some people prefer to buy shitcoins, hoping that the price will rise 1000% and hope to get rich overnight. They behave like gamblers.
People who compare trading with gambling either don't know everything or they refer to a specific part of trading as having a resemblance with gambling because that is true, if we look at investors that invest their money in meme coins and shitcoins as you said, or those who make investments without conducting any research or analyzing the cryptocurrencies they are investing in are basically gambling with their money.
However, someone with enough knowledge would know that trading and gambling are completely different things because gambling is completely based on luck whereas trading requires knowledge and skills for one to be able to earn money.
The truth remains that both involve risk and some individuals relate both on the premises that you can record loss whether gambling or trading. This notwithstanding, there is a distinction between them. With skills, knowledge as you mentioned, and expertise in financial markets, a trader might be successful because successful traders rely on strategies, technical analysis, and a deep understanding of the assets they are trading. When you consider gambling, no amount of skill, knowledge and expertise can guarantee a gambler winning because gambling predominantly revolves around luck rather than skill so the outcome is largely unpredictable and dependent on chance.
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I think gambling and trading both require skills, if you don't have skills you can't win in gambling irrespective of whether it's a casino game or sportsbets and you can't win in trading if you don't have the skills of trading, you need to understand fundamental of a coin and technical aspect of a coin to succeed as a trader.
You are right, both need knowledge in order to increase success rates. But the chance in gambling is we will lose our all funds if we lose, for example, in a game where we have to predict the price of BTC, and if predicted wrong, while other opponents will predict right then all of your funds are there's. But in crypto trading, if you are in a spot, then you never lose until you have control over your nerves. For example, those traders who bought at $60K in the last bull run and then waited this long to book or recover the losses or profits, they would lose the funds if they failed to overcome their nerves and sell at low. Selling timely is also an art in trading, we don't have too many options to choose from in gambling, it's either in or all out but in trading there is still a chance.
That's why I won't say trading is gambling, as they are both two different things and we should know the difference, I don't gamble, but I do have a slight idea about how things works, then there comes those gambling platforms like that spinning bowl where a ball will stop like on some number and the owner of that number will win, that type of games require no knowledge as they totally based on luck, and thus that's the pure form of gambling I would say we should keep ourself away from gambling and relevant stuff.
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But basically it can make trading = gambling when someone only relies on stupidity and luck. Buying a coin with high volatility and waiting for it for a while in the hope of it rising by a large percentage if it fails maybe the asset will be held for a longer time or maybe forever... that's even the same as gamblers, right?
What is more like gambling is not the mechanics of how it works, but the expectations. Trying to earn big money with small capital without thinking is very similar to gambling. That's why daily traders have greater risks. Meanwhile, long-term investors have less risk when investing in trusted assets. Investors rely on asset growth, while traders must also have luck to be able to enjoy the results.
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Basically gambling depends on luck, but trading usually depends on skill. I'm involved in trading and gambling myself, regardless of what other people say, gambling is an uncertain future so it's basically luck if you have a prize you'll win. But trading is basically a different thing because I usually see in spot trading, there are many people who trade only because of excessive greed and lose again and again. If I train myself to control my emotions and earn limited profits, I will surely succeed in almost every trade.
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Treating trading like a gambling is really a bad things and wrong perception anyway. It won't give any good result in the end most of the time. You may get profit if you all of a sudden luck if luck comes in at the time when you buy a coin were suddenly get pump its price even you have no idea about trading.
Trading must seen as your own skills not just like a game where you are playing it same as gambling in a casino, because trading is not designed in that way actually.
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If I train myself to control my emotions and earn limited profits, I will surely succeed in almost every trade.
That's true, if a person can control his emotion when they trade they have a better chance to win the trade. Just because we can manage our emotion doesn't mean you will always win. If you still losing, then your problem might be on your trading plan. Try to back test your strategy again to determine the latest win rate and to know if there is something to enhance for.
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Trading can never be like gambling. Gambling depends entirely on luck but success can be achieved by your own efforts in trading. But if you come to futures trading platform then it can be a little different like from future trading platform you can lose your money in a moment at the highest rise and fall of the market like in gambling platform you lose money in a moment but in this case with your enough skill and strategy. Some of your trading can be saved on the futures trading platform. But apart from sports sites on gambling platforms, you can lose money instantly in unique games such as slot games, dice games, as it is completely dependent on luck. So I will never compare gambling with trading platforms because they are two completely different platforms.
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That's true, if a person can control his emotion when they trade they have a better chance to win the trade. Just because we can manage our emotion doesn't mean you will always win. If you still losing, then your problem might be on your trading plan. Try to back test your strategy again to determine the latest win rate and to know if there is something to enhance for.
Traders who can control their emotion, should have a better chance to succeed in trading. They know when to take profits, they know how to deal with the fear of market correction. If people have no good control in his emotion, they can decide anything carelessly. Finally, this decision can end up with a regret. I see some cases that traders become lose of his emotion control, they end up with severe losses.
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That's true, if a person can control his emotion when they trade they have a better chance to win the trade. Just because we can manage our emotion doesn't mean you will always win. If you still losing, then your problem might be on your trading plan. Try to back test your strategy again to determine the latest win rate and to know if there is something to enhance for.
Traders who can control their emotion, should have a better chance to succeed in trading. They know when to take profits, they know how to deal with the fear of market correction. If people have no good control in his emotion, they can decide anything carelessly. Finally, this decision can end up with a regret. I see some cases that traders become lose of his emotion control, they end up with severe losses.
Controlling emotions is not easy, this requires experience and of course it takes a long time to become a professional trader who is skilled at controlling emotions. Apart from controlling emotions, a trader must have good analytical and predictive skills, because the accuracy of predictions will affect the profits or losses you will get.
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Controlling emotions is not easy, this requires experience and of course it takes a long time to become a professional trader who is skilled at controlling emotions. Apart from controlling emotions, a trader must have good analytical and predictive skills, because the accuracy of predictions will affect the profits or losses you will get.
Everything requires a process to be controlled well, but when you want to try to achieve success you have to go through all the processes that lie ahead, including managing your emotions so that all the decisions you choose are in line with your expectations.
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Basically gambling depends on luck, but trading usually depends on skill. I'm involved in trading and gambling myself, regardless of what other people say, gambling is an uncertain future so it's basically luck if you have a prize you'll win. But trading is basically a different thing because I usually see in spot trading, there are many people who trade only because of excessive greed and lose again and again. If I train myself to control my emotions and earn limited profits, I will surely succeed in almost every trade.
Although both gambling and trading seems like they have same attributes. Both involves uncertainty risk taking and it is not totally off to make them look same. I say so because both have similar rule of Not investing what you are not able to lose. However, trading requires skills and patience while gambling may depend on only luck. But whenever trading is done without experience or skill, it can be called gambling.
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Although both gambling and trading seems like they have same attributes. Both involves uncertainty risk taking and it is not totally off to make them look same. I say so because both have similar rule of Not investing what you are not able to lose. However, trading requires skills and patience while gambling may depend on only luck. But whenever trading is done without experience or skill, it can be called gambling.
I think gambling and trading do not have the same attributes and the differences are very clear, for me trading is the way we make money from buying something at a certain price and selling it at a higher price than you originally bought it, while gambling is when you have entered then you have to guess movements that will occur in the future, if your guess is wrong you will lose your assets.
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Although both gambling and trading seems like they have same attributes. Both involves uncertainty risk taking and it is not totally off to make them look same. I say so because both have similar rule of Not investing what you are not able to lose. However, trading requires skills and patience while gambling may depend on only luck. But whenever trading is done without experience or skill, it can be called gambling.
We can't deny that there is the similar thing between gambling and trading. Both of them have the risk of losing money. No people can always take profits in trading, and no people must win in gambling. This is the same thing between gambling and trading. However, most gambling games rely on the luck, meanwhile trading will rely on the knowledge and experience. If we have good knowledge and enough experience, we can increase the chance to take profits. That's why we must focus on learning first when we are in the beginner level. So, we have enough knowledge when we start trading.
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What is called gambling is that when we gamble, we will lose money and gain money.
Trading will definitely make money if we trade unless we deliberately sell cheap or make a loss.
This system is the difference between gambling and trading because both of them have different advantages and disadvantages and from a psychological perspective, gambling definitely experiences many rapid emotional changes.
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Many people consider trading and gambling to be the same, but in reality these two things are never the same but there are many differences between them. In trading there is definite guarantee that you can get a certain profit but in gambling you will not get any guarantee that you will get profit.
Trading mainly depends on experience and if you can enter the right market and trade at the right time then you are guaranteed to get profit.
But when it comes to gambling, luck is more important than experience, in this case you can get good if you are lucky or you can definitely go bankrupt if you are unlucky.
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Basically gambling depends on luck, but trading usually depends on skill. I'm involved in trading and gambling myself, regardless of what other people say, gambling is an uncertain future so it's basically luck if you have a prize you'll win. But trading is basically a different thing because I usually see in spot trading, there are many people who trade only because of excessive greed and lose again and again. If I train myself to control my emotions and earn limited profits, I will surely succeed in almost every trade.
It's true what you say: gambling is really just luck when you win in any casino. I don't believe that you win gambling because of skills. Because there are no skills
needed in gambling, whether it's cryptocurrency, stocks, or forex.
I can still believe that in trading, you need to have skills, and to get these skills, you must have an understanding of reading chart indicators in exchanges
in the crypto space.
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What is called gambling is that when we gamble, we will lose money and gain money.
Trading will definitely make money if we trade unless we deliberately sell cheap or make a loss.
This system is the difference between gambling and trading because both of them have different advantages and disadvantages and from a psychological perspective, gambling definitely experiences many rapid emotional changes.
Well, for those of us who already understand the difference between trading and gambling, it looks very simple. But for those who are very unfamiliar with the term trading, they tend to equate it with gambling. And actually, more precisely, currently many people have a negative view of crypto. So crypto trading is often considered gambling by ordinary people. So the most important thing is to build an understanding that crypto is a very good and useful thing in the current era of digitalization. If someone already understands that crypto is not a bad thing, then they will not consider crypto trading as gambling. Crypto literacy actually still needs to be improved at this time.
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What is called gambling is that when we gamble, we will lose money and gain money.
Trading will definitely make money if we trade unless we deliberately sell cheap or make a loss.
This system is the difference between gambling and trading because both of them have different advantages and disadvantages and from a psychological perspective, gambling definitely experiences many rapid emotional changes.
Well, for those of us who already understand the difference between trading and gambling, it looks very simple. But for those who are very unfamiliar with the term trading, they tend to equate it with gambling. And actually, more precisely, currently many people have a negative view of crypto. So crypto trading is often considered gambling by ordinary people. So the most important thing is to build an understanding that crypto is a very good and useful thing in the current era of digitalization. If someone already understands that crypto is not a bad thing, then they will not consider crypto trading as gambling. Crypto literacy actually still needs to be improved at this time.
Lack of knowledge would really eventually be giving you that kind of vibe or kind of belief in mind because lacking about information or doesnt have any idea on things will really be giving out that kind of impression on which you would be ending up with those kind of wrong assumptions. Well, its normal for a noob but it would really be impossible that you cant really be able to notice
or determine it out in regarding with the risks levels but well it would really be just that depending on how you would really be able to make your differentiation in between the two.
This is why it would really be that best that you do make out that own research before making up conclusions.
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I keep seeing this type of comparison all the time and everywhere. I think its quite obvious that they are not the same but for some reason it must be "feeling" same to some people. If you are not using TA or FA, if you are not reading the charts, if you are not putting your entire trading knowledge into each trade, then yeah you may feel that way. Still doesn't mean its gambling, but a newbie just randomly picking something may feel a little bit like a gambler. I believe that as long as we get to just have a positive return or at least potential to it, the lack of house edge alone makes it quite possible for you to be fine.
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It's true what you say: gambling is really just luck when you win in any casino. I don't believe that you win gambling because of skills. Because there are no skills
needed in gambling, whether it's cryptocurrency, stocks, or forex.
I can still believe that in trading, you need to have skills, and to get these skills, you must have an understanding of reading chart indicators in exchanges
in the crypto space.
Well, there is a part of gambling where you don't only need luck to be able to win but you also need knowledge and experience, it's sports betting. In sports betting, your winning and losing are determined based on how much knowledge and experience you have about the sport you are making your predictions in, and luck only influences a few games in sports unlike gambling games where results are completely based on luck.
However, it doesn't mean it should be compared with trading because trading is still a different thing. You can learn trading, learn about indicators, charts, and everything, whereas for sports betting, you need to have knowledge about the sports and that can't be learned and you must have been following that sport for a long time.
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Well, there is a part of gambling where you don't only need luck to be able to win but you also need knowledge and experience, it's sports betting. In sports betting, your winning and losing are determined based on how much knowledge and experience you have about the sport you are making your predictions in, and luck only influences a few games in sports unlike gambling games where results are completely based on luck.
However, it doesn't mean it should be compared with trading because trading is still a different thing. You can learn trading, learn about indicators, charts, and everything, whereas for sports betting, you need to have knowledge about the sports and that can't be learned and you must have been following that sport for a long time.
Right, in sport betting need knowledge and experienced for large winning chance because we know some teams of football club before betting on that club, however with knowledge prefer in gambling couldn't be comparison with trading.
In trading still has opportunity when outside of our prediction with our assets keep existing but in gambling when prediction wrong and get loss our funs gone. I don't think good comparison depend on lucky in gambling has the same function with trading need skill, research and most important trading never loss yet our fund if trade on spot trading.
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Right, in sport betting need knowledge and experienced for large winning chance because we know some teams of football club before betting on that club, however with knowledge prefer in gambling couldn't be comparison with trading.
In trading still has opportunity when outside of our prediction with our assets keep existing but in gambling when prediction wrong and get loss our funs gone. I don't think good comparison depend on lucky in gambling has the same function with trading need skill, research and most important trading never loss yet our fund if trade on spot trading.
In the world of trading, when you make a wrong decision, the assets you have can still be stored properly and wait until the price goes up again, but in gambling, if you make a wrong decision, it will cause us to lose our assets forever. So you really have to be careful when you want to trade. All decisions have risks that must be understood well.
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Right, in sport betting need knowledge and experienced for large winning chance because we know some teams of football club before betting on that club, however with knowledge prefer in gambling couldn't be comparison with trading.
In trading still has opportunity when outside of our prediction with our assets keep existing but in gambling when prediction wrong and get loss our funs gone. I don't think good comparison depend on lucky in gambling has the same function with trading need skill, research and most important trading never loss yet our fund if trade on spot trading.
In the world of trading, when you make a wrong decision, the assets you have can still be stored properly and wait until the price goes up again, but in gambling, if you make a wrong decision, it will cause us to lose our assets forever. So you really have to be careful when you want to trade. All decisions have risks that must be understood well.
Your explanation is correct, but true coins will not disappear on the market. If you buy coins on the market and are delisted on all exchanges, how can you wait for your assets to return. I am discussing shitcoins too, because these are coins that are also dangerous to trade, because the prices are really surprising. Suddenly it rises high and can become completely worthless.
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proper trading lowers your risks a lot.
it does not always fit the gambling definition.
gambling the odds must always be against you or it is no longer gambling.
Pick a coin lets say solana.
I buy it today and hodl it until it doubles in price.
I can only lose if I choose to sell at a loss or if it delists.
I may need to wait a year or two or three for it to double. so it can be very very very very slow trading.
wrong way to trade is buy 1 solana today and sell in in 7 days even if it loses.
many traders move to quickly which turns trading into gambling.
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Right, in sport betting need knowledge and experienced for large winning chance because we know some teams of football club before betting on that club, however with knowledge prefer in gambling couldn't be comparison with trading.
In trading still has opportunity when outside of our prediction with our assets keep existing but in gambling when prediction wrong and get loss our funs gone. I don't think good comparison depend on lucky in gambling has the same function with trading need skill, research and most important trading never loss yet our fund if trade on spot trading.
In the world of trading, when you make a wrong decision, the assets you have can still be stored properly and wait until the price goes up again, but in gambling, if you make a wrong decision, it will cause us to lose our assets forever. So you really have to be careful when you want to trade. All decisions have risks that must be understood well.
If spot trading is done on the trading platform then if the market goes down from your bought position you will lose but your money will not be lost at once there will be possibility of recovery if trading with good coins. And whenever you engage in futures trading on a trading platform, your wealth will be at risk because if you buy from there, if the market goes down, then there is a possibility of liquidation, and if you liquidate, then your wealth will be lost and never recovered. In case I can compare futures trading platform with gambling platform because in gambling platform if the bet is lost then the money is lost forever.
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Trading and gambling are totally two different things. Gambling is a lucky thing, if you make a wrong move you would lose all your assets. In trading, if you make a wrong move, you can sell any time and save much of your funds.
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Right, in sport betting need knowledge and experienced for large winning chance because we know some teams of football club before betting on that club, however with knowledge prefer in gambling couldn't be comparison with trading.
In trading still has opportunity when outside of our prediction with our assets keep existing but in gambling when prediction wrong and get loss our funs gone. I don't think good comparison depend on lucky in gambling has the same function with trading need skill, research and most important trading never loss yet our fund if trade on spot trading.
In the world of trading, when you make a wrong decision, the assets you have can still be stored properly and wait until the price goes up again, but in gambling, if you make a wrong decision, it will cause us to lose our assets forever. So you really have to be careful when you want to trade. All decisions have risks that must be understood well.
If spot trading is done on the trading platform then if the market goes down from your bought position you will lose but your money will not be lost at once there will be possibility of recovery if trading with good coins. And whenever you engage in futures trading on a trading platform, your wealth will be at risk because if you buy from there, if the market goes down, then there is a possibility of liquidation, and if you liquidate, then your wealth will be lost and never recovered. In case I can compare futures trading platform with gambling platform because in gambling platform if the bet is lost then the money is lost forever.
- That is why some people always say that it is good to use spot trading if you are an individual newbie entering the crypto business industry. Never try to enter the futures trade right away because if you make a mistake with the setup and the balance, you will be eaten for sure.
And there are a lot of experienced beginners who have tried that. Compared to spot trading, what you put in is the only thing that will be lost if you lose or if you win in profit, of course.
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Trading and gambling are totally two different things. Gambling is a lucky thing, if you make a wrong move you would lose all your assets. In trading, if you make a wrong move, you can sell any time and save much of your funds.
For those who don't quite understand the definitions of gambling and trading, it's natural that there are still many who misunderstand the equation between trading and gambling. Even though these two things are different as you said.
Gambling is just guessing and testing your luck by betting on something and our bets have no impact on that something. But trading means that we are directly involved in the market and our participation is also a driver in the market itself.
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For those who don't quite understand the definitions of gambling and trading, it's natural that there are still many who misunderstand the equation between trading and gambling. Even though these two things are different as you said.
Gambling is just guessing and testing your luck by betting on something and our bets have no impact on that something. But trading means that we are directly involved in the market and our participation is also a driver in the market itself.
For many new traders, trading is just gambling because both gives them the opportunity to get rich. For me, capital management ability is not a reliable criterion to distinguish between trading and gambling, because an experienced gambler will also manage capital really well when participating in gambling.
I think the most important criterion we can use to distinguish them is the ability to make judgments: trading is conducted based on trading history, market data and tools that the trader can use to make possible scenarios for price fluctuations, then decide and manage orders. Meanwhile, gambling does not give any suggestions to players based on past data, or the dice have no memory. Most of the results will have the same probability, outside the player's efforts. All the player can do is manage capital and stop when necessary.
I myself never touch gambling, I want to focus on trading and control my investment carefully with my personal ability, not just relying on probability.
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- That is why some people always say that it is good to use spot trading if you are an individual newbie entering the crypto business industry. Never try to enter the futures trade right away because if you make a mistake with the setup and the balance, you will be eaten for sure.
And there are a lot of experienced beginners who have tried that. Compared to spot trading, what you put in is the only thing that will be lost if you lose or if you win in profit, of course.
The problem on future trading is that if you don't know how to use the leverage properly and calculate the lot size before placing a position, yes you will end up losing much capital or you might be liquidated.
Spot trading is different and you can only make a profit in spot trading in holding and when the price increases and you can only lose profit when the price drops.
The only advantage of trading futures is that you can also make a profit on price action ups and downs but without knowledge about leverage and risk management you better stop trading on futures because that's not the right place to trade without studying risk management.
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The problem on future trading is that if you don't know how to use the leverage properly and calculate the lot size before placing a position, yes you will end up losing much capital or you might be liquidated.
Futures trading is only for experienced and knowledgeable traders, it's as simple as that. Traders who are brand new in the market will tend to lose money if they get into futures trading only because they believe it has the potential to give them huge returns on their investments.
Spot trading is different and you can only make a profit in spot trading in holding and when the price increases and you can only lose profit when the price drops.
The most important thing about spot trading is that you don't lose anything as long as you are holding. If you sell when the price is low, you will lose, but it's your choice, you can hold and wait for the price of that asset to go up again. In this matter, it's important to understand which assets to buy and hold because not every cryptocurrency goes up after going down significantly.
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I keep seeing this type of comparison all the time and everywhere. I think its quite obvious that they are not the same but for some reason it must be "feeling" same to some people.
Indeed, but honestly, there more many people who are doing trading like gambling, not using any analysis and only using luck a. this is bad enough because the risk will be much higher. Usually, a person will equip themselves with sufficient knowledge and insight when trading. Not only that, trading requires a variety of analyzes that can help us to minimize risks, increase opportunities, and also determine what we will take, in what position, how much, in what coins, and several other things. Because trading is complex, so it won't be as simple as entering numbers and taking the profits. It's not that simple,
Because of that, we must have this understanding at least to equip us in trading. Because nothing has zero risk, so trading must also have high risk, but this shouldn't just be based on luck. because once again, trading is not gambling.
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I keep seeing this type of comparison all the time and everywhere. I think its quite obvious that they are not the same but for some reason it must be "feeling" same to some people. If you are not using TA or FA, if you are not reading the charts, if you are not putting your entire trading knowledge into each trade, then yeah you may feel that way. Still doesn't mean its gambling, but a newbie just randomly picking something may feel a little bit like a gambler. I believe that as long as we get to just have a positive return or at least potential to it, the lack of house edge alone makes it quite possible for you to be fine.
Its true, any activity where a newbie jumps in and just hopes for the best can feel a lot like gambling. Its about luck for them at that point kind of like playing the lottery. If you're not looking at charts or putting your knowledge to work I can totally see why it might feel more like a gamble. But processes that you can control or predict more than 80% can hardly be considered random
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I keep seeing this type of comparison all the time and everywhere. I think its quite obvious that they are not the same but for some reason it must be "feeling" same to some people. If you are not using TA or FA, if you are not reading the charts, if you are not putting your entire trading knowledge into each trade, then yeah you may feel that way. Still doesn't mean its gambling, but a newbie just randomly picking something may feel a little bit like a gambler. I believe that as long as we get to just have a positive return or at least potential to it, the lack of house edge alone makes it quite possible for you to be fine.
Its true, any activity where a newbie jumps in and just hopes for the best can feel a lot like gambling. Its about luck for them at that point kind of like playing the lottery. If you're not looking at charts or putting your knowledge to work I can totally see why it might feel more like a gamble. But processes that you can control or predict more than 80% can hardly be considered random
A beginner just relies on luck because they don't have the knowledge to do research and make analysis, it's natural that in the past I just looked for news and followed my friends' steps when I was a beginner. And after that, just start learning to do research, this is a process. so it takes time to become a great investor or trader
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I keep seeing this type of comparison all the time and everywhere. I think its quite obvious that they are not the same but for some reason it must be "feeling" same to some people. If you are not using TA or FA, if you are not reading the charts, if you are not putting your entire trading knowledge into each trade, then yeah you may feel that way. Still doesn't mean its gambling, but a newbie just randomly picking something may feel a little bit like a gambler. I believe that as long as we get to just have a positive return or at least potential to it, the lack of house edge alone makes it quite possible for you to be fine.
Its true, any activity where a newbie jumps in and just hopes for the best can feel a lot like gambling. Its about luck for them at that point kind of like playing the lottery. If you're not looking at charts or putting your knowledge to work I can totally see why it might feel more like a gamble. But processes that you can control or predict more than 80% can hardly be considered random
A beginner just relies on luck because they don't have the knowledge to do research and make analysis, it's natural that in the past I just looked for news and followed my friends' steps when I was a beginner. And after that, just start learning to do research, this is a process. so it takes time to become a great investor or trader
Gambling is a luck based game and gambling is an entertainment place but trading is a place of earning money. if someone want to invest in trading then they must have good trading, analyses, research skill but who don't have those knowledge they just trade based there luck and they believe trading depend on luck. so you have to believe that trading is not for everyone.
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A beginner just relies on luck because they don't have the knowledge to do research and make analysis, it's natural that in the past I just looked for news and followed my friends' steps when I was a beginner. And after that, just start learning to do research, this is a process. so it takes time to become a great investor or trader
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.
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I keep seeing this type of comparison all the time and everywhere. I think its quite obvious that they are not the same but for some reason it must be "feeling" same to some people. If you are not using TA or FA, if you are not reading the charts, if you are not putting your entire trading knowledge into each trade, then yeah you may feel that way. Still doesn't mean its gambling, but a newbie just randomly picking something may feel a little bit like a gambler. I believe that as long as we get to just have a positive return or at least potential to it, the lack of house edge alone makes it quite possible for you to be fine.
Its true, any activity where a newbie jumps in and just hopes for the best can feel a lot like gambling. Its about luck for them at that point kind of like playing the lottery. If you're not looking at charts or putting your knowledge to work I can totally see why it might feel more like a gamble. But processes that you can control or predict more than 80% can hardly be considered random
A beginner just relies on luck because they don't have the knowledge to do research and make analysis, it's natural that in the past I just looked for news and followed my friends' steps when I was a beginner. And after that, just start learning to do research, this is a process. so it takes time to become a great investor or trader
Newbies don't have much idea about this so they can't think and trade like experienced traders. But now as there are many mediums of learning so a new trader should first learn about trading well and then engage in trading. Maybe a new trader can start trading with a demo account first and practice there. With a small amount of money, if he applies practically, he will get a rough idea of the business and he can gradually learn from the rough idea and continue his trading well as he learns. Risk must be taken because if there is no risk then we will always have that fear and we will never gain proper knowledge about trading.
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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.
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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.
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.
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
From what point of view would anyone say that, because it is clear that dicrypto trading is the same as trading in general, where there are sellers and buyers, where the selling and buying prices have been agreed upon by both parties, to gain mutual benefit,
If gambling is obvious, we just hope for luck to win, and guess at prices and points
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I keep seeing this type of comparison all the time and everywhere. I think its quite obvious that they are not the same but for some reason it must be "feeling" same to some people. If you are not using TA or FA, if you are not reading the charts, if you are not putting your entire trading knowledge into each trade, then yeah you may feel that way. Still doesn't mean its gambling, but a newbie just randomly picking something may feel a little bit like a gambler. I believe that as long as we get to just have a positive return or at least potential to it, the lack of house edge alone makes it quite possible for you to be fine.
Its true, any activity where a newbie jumps in and just hopes for the best can feel a lot like gambling. Its about luck for them at that point kind of like playing the lottery. If you're not looking at charts or putting your knowledge to work I can totally see why it might feel more like a gamble. But processes that you can control or predict more than 80% can hardly be considered random
A beginner just relies on luck because they don't have the knowledge to do research and make analysis, it's natural that in the past I just looked for news and followed my friends' steps when I was a beginner. And after that, just start learning to do research, this is a process. so it takes time to become a great investor or trader
Newbies don't have much idea about this so they can't think and trade like experienced traders. But now as there are many mediums of learning so a new trader should first learn about trading well and then engage in trading. Maybe a new trader can start trading with a demo account first and practice there. With a small amount of money, if he applies practically, he will get a rough idea of the business and he can gradually learn from the rough idea and continue his trading well as he learns. Risk must be taken because if there is no risk then we will always have that fear and we will never gain proper knowledge about trading.
Everyone starts on being a noob on which on the t ime that you would really be touching up trading without having that entire knowledge then you would really be definitely be having that common newbie mistake whereas you would really be finding out those real things on what are the needed up for you to be able to handle yourself towards this space. Trading isnt gambling, it would really be turning out tobe gambling on the time that you would really be that doing trading without having that proper knowledge. On the time that you would really be having that knowledge
then its an another story.
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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.
Yes, gambling really depends on luck, there is nothing to analyze there. Maybe we can analyze the betting in sportbet, because we can see which team is stronger.
Meanwhile, trading requires more analysis and knowledge of the market that we will trade. Experience will also be very influential, but in gambling experience does not matter because I have never heard of an "experienced" gambler for example.
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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.
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.
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.
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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 don't need to be a gambler to know it. You can read an article or read the experience of other people. There are many articles or videos that can describe it to us. ;)
It is true that most gambling are depending on the luck although some of them require specific skills. But in trading, skills and knowledge are everything, this will determine the success in trading. Luck is just a small part in trading, it won't determine anything if we have no knowledge.
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Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
Yes, trading and gambling are different. But it can be the same if we trade with no proper knowledge. In gambling, people expect more on the luck to succeed. Meanwhile in trading, people will try to have enough knowledge to increase the chance for success. We treat trading in a different way, we rely on our knowledge and experience to ear good profits. But in gambling, there is no way to increase the chance for success if we have no luck.
A trader who trades on a rational basis takes into account the role of chance, but does not blindly count on luck - but builds a trading system so that a series of chance events ultimately produces a profit. A trader with a gambler’s psychology has a different approach: he trusts his intuition more and hopes to hit the jackpot.
Rational traders understand the role of chance in trading but rely on a well-thought-out system to ensure long-term profitability. They recognize that luck plays a part but do not rely on it. In contrast, traders with a gambler's mentality tend to depend more on intuition and hope for a big win, often lacking a structured system to manage risk and ensure consistent returns.