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Author Topic: Trading is not same thing as Gambling  (Read 6796 times)

Offline Altcoin1998$

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Re: Trading is not same thing as Gambling
« Reply #60 on: March 15, 2024, 09:22:20 PM »
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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Re: Trading is not same thing as Gambling
« Reply #60 on: March 15, 2024, 09:22:20 PM »

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Offline Charles-Tim

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Re: Trading is not same thing as Gambling
« Reply #61 on: March 16, 2024, 11:11:00 AM »
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.

Offline milewilda

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Re: Trading is not same thing as Gambling
« Reply #62 on: March 16, 2024, 12:38:30 PM »
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.

Offline Mr. Magkaisa

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Re: Trading is not same thing as Gambling
« Reply #63 on: March 16, 2024, 12:44:05 PM »
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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Re: Trading is not same thing as Gambling
« Reply #64 on: March 16, 2024, 12:45:32 PM »

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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Re: Trading is not same thing as Gambling
« Reply #65 on: March 16, 2024, 10:55:22 PM »
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.

Offline Google+

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Re: Trading is not same thing as Gambling
« Reply #66 on: March 18, 2024, 11:58:58 PM »
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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Re: Trading is not same thing as Gambling
« Reply #66 on: March 18, 2024, 11:58:58 PM »


Offline Litzki1990

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Re: Trading is not same thing as Gambling
« Reply #67 on: March 19, 2024, 09:19:04 AM »
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.

Offline Aanuoluwatofunmi

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Re: Trading is not same thing as Gambling
« Reply #68 on: March 19, 2024, 10:52:26 AM »
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.

Offline Charles-Tim

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Re: Trading is not same thing as Gambling
« Reply #69 on: March 19, 2024, 11:35:02 AM »
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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Re: Trading is not same thing as Gambling
« Reply #70 on: March 19, 2024, 02:09:51 PM »
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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Offline milewilda

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Re: Trading is not same thing as Gambling
« Reply #71 on: March 19, 2024, 02:24:42 PM »

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.

Offline Sim_card

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Re: Trading is not same thing as Gambling
« Reply #72 on: March 19, 2024, 02:51:00 PM »
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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Re: Trading is not same thing as Gambling
« Reply #73 on: March 19, 2024, 06:36:01 PM »

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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Re: Trading is not same thing as Gambling
« Reply #74 on: March 19, 2024, 07:15:15 PM »

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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