Trading is not same thing as Gambling

[Dr.Bitcoin_Strange]

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.

[Thyplaymaker]

@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

[CryptoLaila]

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 

[kulkhan]

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.

[Mr. Magkaisa]

        -   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.

[Dr.Bitcoin_Strange]

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.

[DaNNy001]

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.

[de_prof]

Trading needs skill, experience and good management of emotion.
Gambling too. it seems the same...
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

[Geey]

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.

[jeraldskie11]

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.

[Hamza2424]

@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.

[UNIVERSE]

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.

[I-Bit]

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.

[Thyplaymaker]

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

[Carbitcoin]

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.