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Author Topic: Trading is not same thing as Gambling  (Read 5400 times)

Offline Captain Corporate

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Re: Trading is not same thing as Gambling
« Reply #105 on: April 09, 2024, 04:17:23 PM »
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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Re: Trading is not same thing as Gambling
« Reply #105 on: April 09, 2024, 04:17:23 PM »

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Re: Trading is not same thing as Gambling
« Reply #106 on: April 09, 2024, 09:39:49 PM »
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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Offline armanda90

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Re: Trading is not same thing as Gambling
« Reply #107 on: April 10, 2024, 01:30:57 PM »
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.

Offline pacar_tiri

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Re: Trading is not same thing as Gambling
« Reply #108 on: April 10, 2024, 07:49:25 PM »
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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Re: Trading is not same thing as Gambling
« Reply #109 on: April 27, 2024, 04:29:05 PM »
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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Offline philipma1957

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Re: Trading is not same thing as Gambling
« Reply #110 on: April 27, 2024, 04:41:22 PM »
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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Offline Primo1760

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Re: Trading is not same thing as Gambling
« Reply #111 on: April 27, 2024, 04:46:14 PM »
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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Re: Trading is not same thing as Gambling
« Reply #111 on: April 27, 2024, 04:46:14 PM »


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Re: Trading is not same thing as Gambling
« Reply #112 on: April 27, 2024, 08:46:52 PM »
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.

Offline Mr. Magkaisa

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Re: Trading is not same thing as Gambling
« Reply #113 on: April 28, 2024, 04:26:28 AM »
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.

Offline Uruhara

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Re: Trading is not same thing as Gambling
« Reply #114 on: April 28, 2024, 09:39:02 AM »
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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Re: Trading is not same thing as Gambling
« Reply #115 on: April 28, 2024, 10:03:56 PM »
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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Re: Trading is not same thing as Gambling
« Reply #116 on: April 28, 2024, 11:36:17 PM »

          -   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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