Trading is not same thing as Gambling

[Gladitorcomeback]

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.

People who compare trading with gambling either don't know everything or they refer to a specific part of trading as having a resemblance with gambling because that is true, if we look at investors that invest their money in meme coins and shitcoins as you said, or those who make investments without conducting any research or analyzing the cryptocurrencies they are investing in are basically gambling with their money.

However, someone with enough knowledge would know that trading and gambling are completely different things because gambling is completely based on luck whereas trading requires knowledge and skills for one to be able to earn money.

[trendcoin]

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

This is an excellent analysis. When we trade, we make many rational assessments and we come to a conclusion. When we gamble, we also make some rational assessments, especially in sports competitions, but in the end it is luck that makes us winners. A person who buys Bitcoin today, even if it is close to the ATH level, can make a lot of money in 10 years, but a person who bets to make money today and in the next 10 years is always very close to losing all of his money. I don't think gambling is an activity that fulfills the purpose of making money. That's why it's a big mistake to even compare it with trading.

[Gideon99]

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.

You are absolutely right, they both in risk taking but are different activities. Gambling is a game of chance where you getting the opportunity to win , while trading is a skill that requires your understanding and strategy to carry out. Both are Interesting, trading is a long term success than gambling.its very important to learn develop and focus on skills base then luck .

[Charles-Tim]

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.

Professionalism is not what that matters. What that matters is to know that both gambling and trading are very risky. They are not the same but they are very risky. Someone can begin to trade and be losing. Grow in experience and still be losing. You can not profit from the price accurately and that makes trading to be more than that. Patience is required in trading. Example of the patience is having $500 to trade but starting with $100 which is less than 1x leverage and later increase the money if the market go against your direction. Also not to be greedy. This are used to support the technical analysis.

[bettercrypto]

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.

When you think that it looks like I will make money because it is noticed that if the increase continues, for sure you will lose in trading, Because you are only predicting your trading, you must have an understanding so that you can make a correct technical analysis.

If that is the only basis for a trader, he is not a trader who can be considered a gambler instead. That is not the concept of trading in the crypto space.

[Litzki1990]

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.

A professional trader gains enough skill in his trade that he can fully utilize his skill in his trade but a gambler cannot fully utilize his skill no matter how much he gambles because gambling does not depend on complete skill. Gambling doesn't depend entirely on skill it depends a lot on luck so no matter how much you gamble and win you have to sit on your luck. But in business you will be more likely to succeed if you rely on your business skills rather than luck. Since trading is not dependent on luck, we must rely on our own skill rather than gambling.

[DAMKAR]

A professional trader gains enough skill in his trade that he can fully utilize his skill in his trade but a gambler cannot fully utilize his skill no matter how much he gambles because gambling does not depend on complete skill. Gambling doesn't depend entirely on skill it depends a lot on luck so no matter how much you gamble and win you have to sit on your luck. But in business you will be more likely to succeed if you rely on your business skills rather than luck. Since trading is not dependent on luck, we must rely on our own skill rather than gambling.

I also see that a gambler only relies on luck, while a professional trader will rely on skill, knowledge and experience. A trader takes a long time to develop skills because he needs to focus and have almost accurate analysis and predictions, said several members here. And it also requires sacrifice, because we will definitely experience losses in trading.

[TopT3ns]

I also see that a gambler only relies on luck, while a professional trader will rely on skill, knowledge and experience. A trader takes a long time to develop skills because he needs to focus and have almost accurate analysis and predictions, said several members here. And it also requires sacrifice, because we will definitely experience losses in trading.

Gamblers and traders have almost the same needs because if you look at sports betting then you must have knowledge of the team you want to choose, the experience they have had, of course it requires an analysis of the health condition of that team, so that we can help determine this team has potential win or not. Likewise for traders who have to do what you have mentioned above.

[MUGNIA]

Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.

how can it be said to be gambling, we target the highest price we want instead of guessing the price, and we have chosen which coins we will invest in and then buy and sell,
So I think trading is not gambling, because clearly we carry out the process of buying and selling on the stock exchange, not putting our money on false hopes.

[Gurujebs]

You are absolutely right, they both in risk taking but are different activities. Gambling is a game of chance where you getting the opportunity to win , while trading is a skill that requires your understanding and strategy to carry out. Both are Interesting, trading is a long term success than gambling.its very important to learn develop and focus on skills base then luck .

I think gambling and trading both require skills, if you don't have skills you can't win in gambling irrespective of whether it's a casino game or sportsbets and you can't win in trading if you don't have the skills of trading, you need to understand fundamental of a coin and technical aspect of a coin to succeed as a trader.

However, the key difference here is that gambling loss is a disaster in a such a way that you can't minimize your loss, ones you loss everything is over, you have to use another money to gamble again but a trader can have loss and if th coin is not a shit coin, the loss will not take away his money completely like gambling and another adventage of trading is that you can hold if you have a loss as a that loss is unrealized one as long as you don't sell.

[EthereumDev_]

how can it be said to be gambling, we target the highest price we want instead of guessing the price, and we have chosen which coins we will invest in and then buy and sell,
So I think trading is not gambling, because clearly we carry out the process of buying and selling on the stock exchange, not putting our money on false hopes.

That's right, when you have bought coins, we aim to open a sell order at the highest price so that profits are maximized, but have you forgotten that there are several trading methods that are often found on several large exchanges, such as the Binance exchange. Future Trading, is this method the same as the one you mentioned above? From my point of view, these two methods have very clear differences and if measured from a risk scale, Future Trading has a higher risk than trading as usual.

[Uruhara]

That's right, when you have bought coins, we aim to open a sell order at the highest price so that profits are maximized, but have you forgotten that there are several trading methods that are often found on several large exchanges, such as the Binance exchange. Future Trading, is this method the same as the one you mentioned above? From my point of view, these two methods have very clear differences and if measured from a risk scale, Future Trading has a higher risk than trading as usual.

Trading is indeed different from gambling. Gambling is actually just a matter of guessing without us participating in the movement itself. For example, if we bet on the price of BTC going up next month to 77k but we don't have any bitcoins that have been bought and will be sold. But we're just placing a bet. Well then this is called gambling. Because those who bet are not involved in moving prices in the market, while their traders are part of moving prices in the market or are involved in the market.

In Future trading I also don't understand whether they belong to what type. It's just that future trading also has involvement in the future market itself. So the futures market cannot be called gambling either. It's just that they are almost approaching it. Maybe. please correct me if I'm wrong.

[DragonF]

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.

People who compare trading with gambling either don't know everything or they refer to a specific part of trading as having a resemblance with gambling because that is true, if we look at investors that invest their money in meme coins and shitcoins as you said, or those who make investments without conducting any research or analyzing the cryptocurrencies they are investing in are basically gambling with their money.

However, someone with enough knowledge would know that trading and gambling are completely different things because gambling is completely based on luck whereas trading requires knowledge and skills for one to be able to earn money.

The truth remains that both involve risk and some individuals relate both on the premises that you can record loss whether gambling or trading. This notwithstanding, there is a distinction between them. With skills, knowledge as you mentioned, and expertise in financial markets, a trader might be successful because successful traders rely on strategies, technical analysis, and a deep understanding of the assets they are trading. When you consider gambling, no amount of skill, knowledge and expertise can guarantee a gambler winning because gambling predominantly revolves around luck rather than skill so the outcome is largely unpredictable and dependent on chance.

[Faisal2202]

I think gambling and trading both require skills, if you don't have skills you can't win in gambling irrespective of whether it's a casino game or sportsbets and you can't win in trading if you don't have the skills of trading, you need to understand fundamental of a coin and technical aspect of a coin to succeed as a trader.

You are right, both need knowledge in order to increase success rates. But the chance in gambling is we will lose our all funds if we lose, for example, in a game where we have to predict the price of BTC, and if predicted wrong, while other opponents will predict right then all of your funds are there's. But in crypto trading, if you are in a spot, then you never lose until you have control over your nerves. For example, those traders who bought at $60K in the last bull run and then waited this long to book or recover the losses or profits, they would lose the funds if they failed to overcome their nerves and sell at low. Selling timely is also an art in trading, we don't have too many options to choose from in gambling, it's either in or all out but in trading there is still a chance.

That's why I won't say trading is gambling, as they are both two different things and we should know the difference, I don't gamble, but I do have a slight idea about how things works, then there comes those gambling platforms like that spinning bowl where a ball will stop like on some number and the owner of that number will win, that type of games require no knowledge as they totally based on luck, and thus that's the pure form of gambling I would say we should keep ourself away from gambling and relevant stuff.

[bayu7adi]

But basically it can make trading = gambling when someone only relies on stupidity and luck. Buying a coin with high volatility and waiting for it for a while in the hope of it rising by a large percentage if it fails maybe the asset will be held for a longer time or maybe forever... that's even the same as gamblers, right?

What is more like gambling is not the mechanics of how it works, but the expectations. Trying to earn big money with small capital without thinking is very similar to gambling. That's why daily traders have greater risks. Meanwhile, long-term investors have less risk when investing in trusted assets. Investors rely on asset growth, while traders must also have luck to be able to enjoy the results.