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Author Topic: Trading is not same thing as Gambling  (Read 4953 times)

Offline jonathancool220

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Re: Trading is not same thing as Gambling
« Reply #30 on: February 17, 2024, 03:07:28 AM »
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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Re: Trading is not same thing as Gambling
« Reply #30 on: February 17, 2024, 03:07:28 AM »

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Re: Trading is not same thing as Gambling
« Reply #31 on: February 17, 2024, 11:28:48 AM »
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.. ;)

Offline Learn Bitcoin

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Re: Trading is not same thing as Gambling
« Reply #32 on: February 17, 2024, 12:26:21 PM »
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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Offline robelneo

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Re: Trading is not same thing as Gambling
« Reply #33 on: February 17, 2024, 02:47:24 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 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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Offline DAMKAR

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Re: Trading is not same thing as Gambling
« Reply #34 on: February 17, 2024, 10:26:04 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 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.

Offline jonathancool220

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Re: Trading is not same thing as Gambling
« Reply #35 on: February 18, 2024, 12:46:07 AM »
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.

Offline Litzki1990

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Re: Trading is not same thing as Gambling
« Reply #36 on: February 18, 2024, 03:58:08 AM »
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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Re: Trading is not same thing as Gambling
« Reply #36 on: February 18, 2024, 03:58:08 AM »


Offline Mr. Magkaisa

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Re: Trading is not same thing as Gambling
« Reply #37 on: February 18, 2024, 04:29:40 AM »

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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Re: Trading is not same thing as Gambling
« Reply #38 on: February 18, 2024, 05:12:13 AM »
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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Re: Trading is not same thing as Gambling
« Reply #39 on: February 22, 2024, 04:53:44 PM »
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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Offline IvugeoEvolutionCoin

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Re: Trading is not same thing as Gambling
« Reply #40 on: February 24, 2024, 09:59:14 AM »
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.

Offline Uruhara

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Re: Trading is not same thing as Gambling
« Reply #41 on: February 24, 2024, 11:59:01 AM »
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.

Offline taufik123

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Re: Trading is not same thing as Gambling
« Reply #42 on: February 25, 2024, 11:34:40 PM »
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.

Offline I-Bit

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Re: Trading is not same thing as Gambling
« Reply #43 on: February 25, 2024, 11:59:14 PM »
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

« Last Edit: February 26, 2024, 12:01:45 AM by I-Bit »

Offline retreat

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Re: Trading is not same thing as Gambling
« Reply #44 on: February 26, 2024, 08:34:00 AM »
-snip-
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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