follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: Difference between Trading and Gambling  (Read 1140 times)

Online IvugeoEvolutionCoin

  • Sr. Member
  • *
  • *
  • Activity: 669
  • points:
    28968
  • Karma: -2
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 07:54:21 PM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    Poll Voter 500 Posts Fifth year Anniversary
Re: Difference between Trading and Gambling
« Reply #30 on: February 22, 2024, 11:59:11 PM »
Sure, if we want to know the real difference between trading and gambling, we must do both of them first. However, if we don't have time to do both, we can read the story of other people's experiences. Honestly, I've done both of them, what I know is about the role of knowledge on them. Gambling tends to have luck, it doesn't really need much knowledge. Meanwhile trading, it really depends on the knowledge and experience. If we have lack of knowledge, it is difficult to success in trading.
Sometimes when they have done the trading they do, such as future trading, they still deny that they have done the trading well and correctly and not done the trading like gambling. Indeed,  only a few intelligent people will understand the good and correct way of trading. Trading like buying coins at a low price and selling them at a high price is a very correct way and safer than others.

Altcoins Talks - Cryptocurrency Forum

Re: Difference between Trading and Gambling
« Reply #30 on: February 22, 2024, 11:59:11 PM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open


Offline Aanuoluwatofunmi

  • Hero Member
  • *
  • *
  • Activity: 847
  • points:
    31672
  • Karma: 8
  • Coinomize.biz
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 06:19:48 PM
    • View Profile

  • Total Badges: 12
    Badges: (View All)
    Poll Voter 500 Posts Karma
Re: Difference between Trading and Gambling
« Reply #31 on: February 23, 2024, 11:48:57 AM »
There are trades you can go into and it will interprets nothing than being the same as gambling, such as derivative trading and arbitrage trading, despite all these, that doesn't mean they both have the same meaning, trading is quite different from gambling, the way and pattern to gambling is widely different from how we perform trade, so we cannot compare the two without having the understanding of their possible risk.

Offline gunhell16

  • Legendary
  • *
  • *
  • Activity: 1698
  • points:
    39346
  • Karma: 61
  • Your Privacy Matters
  • Trade Count: (0)
  • Referrals: 8
  • Last Active: Today at 08:45:51 AM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    10 Poll Votes Third year Anniversary 1000 Posts
Re: Difference between Trading and Gambling
« Reply #32 on: February 23, 2024, 03:38:24 PM »
Trading and gambling are very different but they can also be similar if people without knowledge step into trading. Gambling is highly risky but trading is also not without risk so I think you will be successful if you differentiate between gambling and trading and then use equipment and tools that helps you to minimize risk and increase profit.

If you know about the timings of continuing and stopping of trading then you will have control on your trader so it is possible that you will become successful trader in future but gambler cannot be successful ever. Both gambling and trading are risky so its up to you that are you learning well to minimize risk in trading or blindly put a bets to loss all money in gambling.

Yes, they are both risky, but you never need to guess the trading to get a profit from them. Unlike gambling, even if you guess, you can get a big winning price if you are lucky in gambling. Apparently, even if you don't know anything about gambling, you can win a large amount of money.

While in trading, you need to devote effort to learning it just so you can have a way to get profit. It takes time and effort to learn trading, so it is also called or considered a skill for a trader.
...Tumbler.io......Because.Your.Privacy.Matters......Bitcoin.Mixer...

Offline Uruhara

  • Hero Member
  • *
  • *
  • Activity: 1120
  • points:
    46471
  • Karma: 19
  • Coinomize.biz
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 03:29:55 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    1000 Posts Quick Poster Topic Starter
Re: Difference between Trading and Gambling
« Reply #33 on: February 24, 2024, 12:02:56 PM »
That's true and actually there are a lot of misunderstandings that occur among beginners about this. Usually those who consider trading as gambling are those who are not good at trading and don't even understand analysis in trading. And of course trading and gambling are two different things. Because trading involves interaction between traders. Whereas in gambling we fight with a random game system and we only hope to get lucky.

Offline Rubel007

  • Hero Member
  • *
  • Activity: 1025
  • points:
    48035
  • Karma: 44
  • Coinomize.biz
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 04:04:48 PM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    1000 Posts 10 Posts First Post
Re: Difference between Trading and Gambling
« Reply #34 on: February 24, 2024, 12:44:54 PM »
I really agree with what you said sir, trading is very different and even the way to do it is also different... why are those who say that trading is the same as gambling, because they don't know how to trade and they only hear from other people's words so they say things like .. if they did it directly how to trade, then they would say the same as we say..
In terms of method, it is very different, even in terms of theory, it is even more different, people who say that trading is the same as gambling, they are very stupid.
For some, trading and gambling are the same, but in reality there is a difference between them. Both the platforms have similarities in terms of risk taking and speculation but there are some differences in terms of goals and policies.
Generally high risk exists in gambling where a gambler can lose all his money if he loses but trading is completely different here a trader can reduce his risk by placing a stop loss while taking a new trade after analysing the market. Generally, trading is long-term while gambling plays a short-term role.

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod