Trading is not same thing as Gambling

[Power420]

Basically gambling depends on luck, but trading usually depends on skill. I'm involved in trading and gambling myself, regardless of what other people say, gambling is an uncertain future so it's basically luck if you have a prize you'll win. But trading is basically a different thing because I usually see in spot trading, there are many people who trade only because of excessive greed and lose again and again. If I train myself to control my emotions and earn limited profits, I will surely succeed in almost every trade.

[bettercrypto]

Treating trading like a gambling is really a bad things and wrong perception anyway. It won't give any good result in the end most of the time. You may get profit if you all of a sudden  luck if luck comes in at the time when you buy a coin were suddenly get pump its price even you have no idea about trading.

Trading must seen as your own skills not just like a game where you are playing it same as gambling in a casino, because trading is not designed in that way actually.

[jeraldskie11]

If I train myself to control my emotions and earn limited profits, I will surely succeed in almost every trade.

That's true, if a person can control his emotion when they trade they have a better chance to win the trade. Just because we can manage our emotion doesn't mean you will always win. If you still losing, then your problem might be on your trading plan. Try to back test your strategy again to determine the latest win rate and to know if there is something to enhance for.

[Primo1760]

Trading can never be like gambling. Gambling depends entirely on luck but success can be achieved by your own efforts in trading. But if you come to futures trading platform then it can be a little different like from future trading platform you can lose your money in a moment at the highest rise and fall of the market like in gambling platform you lose money in a moment but in this case with your enough skill and strategy. Some of your trading can be saved on the futures trading platform. But apart from sports sites on gambling platforms, you can lose money instantly in unique games such as slot games, dice games, as it is completely dependent on luck. So I will never compare gambling with trading platforms because they are two completely different platforms.

[I-Bit]

That's true, if a person can control his emotion when they trade they have a better chance to win the trade. Just because we can manage our emotion doesn't mean you will always win. If you still losing, then your problem might be on your trading plan. Try to back test your strategy again to determine the latest win rate and to know if there is something to enhance for.

Traders who can control their emotion, should have a better chance to succeed in trading. They know when to take profits, they know how to deal with the fear of market correction. If people have no good control in his emotion, they can decide anything carelessly. Finally, this decision can end up with a regret. I see some cases that traders become lose of his emotion control, they end up with severe losses.

[nakmantu99]

That's true, if a person can control his emotion when they trade they have a better chance to win the trade. Just because we can manage our emotion doesn't mean you will always win. If you still losing, then your problem might be on your trading plan. Try to back test your strategy again to determine the latest win rate and to know if there is something to enhance for.

Traders who can control their emotion, should have a better chance to succeed in trading. They know when to take profits, they know how to deal with the fear of market correction. If people have no good control in his emotion, they can decide anything carelessly. Finally, this decision can end up with a regret. I see some cases that traders become lose of his emotion control, they end up with severe losses.

Controlling emotions is not easy, this requires experience and of course it takes a long time to become a professional trader who is skilled at controlling emotions. Apart from controlling emotions, a trader must have good analytical and predictive skills, because the accuracy of predictions will affect the profits or losses you will get.

[EthereumDev_]

Controlling emotions is not easy, this requires experience and of course it takes a long time to become a professional trader who is skilled at controlling emotions. Apart from controlling emotions, a trader must have good analytical and predictive skills, because the accuracy of predictions will affect the profits or losses you will get.

Everything requires a process to be controlled well, but when you want to try to achieve success you have to go through all the processes that lie ahead, including managing your emotions so that all the decisions you choose are in line with your expectations.

[KingsDen]

Basically gambling depends on luck, but trading usually depends on skill. I'm involved in trading and gambling myself, regardless of what other people say, gambling is an uncertain future so it's basically luck if you have a prize you'll win. But trading is basically a different thing because I usually see in spot trading, there are many people who trade only because of excessive greed and lose again and again. If I train myself to control my emotions and earn limited profits, I will surely succeed in almost every trade.

Although both gambling and trading seems like they have same attributes. Both involves uncertainty risk taking and it is not totally off to make them look same. I say so because both have similar rule of Not investing what you are not able to lose. However, trading requires skills and patience while gambling may depend on only luck. But whenever trading is done without experience or skill, it can be called gambling.

[pacar_tiri]

Although both gambling and trading seems like they have same attributes. Both involves uncertainty risk taking and it is not totally off to make them look same. I say so because both have similar rule of Not investing what you are not able to lose. However, trading requires skills and patience while gambling may depend on only luck. But whenever trading is done without experience or skill, it can be called gambling.

I think gambling and trading do not have the same attributes and the differences are very clear, for me trading is the way we make money from buying something at a certain price and selling it at a higher price than you originally bought it, while gambling is when you have entered then you have to guess movements that will occur in the future, if your guess is wrong you will lose your assets.

[I-Bit]

Although both gambling and trading seems like they have same attributes. Both involves uncertainty risk taking and it is not totally off to make them look same. I say so because both have similar rule of Not investing what you are not able to lose. However, trading requires skills and patience while gambling may depend on only luck. But whenever trading is done without experience or skill, it can be called gambling.

We can't deny that there is the similar thing between gambling and trading. Both of them have the risk of losing money. No people can always take profits in trading, and no people must win in gambling. This is the same thing between gambling and trading. However, most gambling games rely on the luck, meanwhile trading will rely on the knowledge and experience. If we have good knowledge and enough experience, we can increase the chance to take profits. That's why we must focus on learning first when we are in the beginner level. So, we have enough knowledge when we start trading.

[Report]

What is called gambling is that when we gamble, we will lose money and gain money.
Trading will definitely make money if we trade unless we deliberately sell cheap or make a loss.

This system is the difference between gambling and trading because both of them have different advantages and disadvantages and from a psychological perspective, gambling definitely experiences many rapid emotional changes.

[Celsius]

Many people consider trading and gambling to be the same, but in reality these two things are never the same but there are many differences between them. In trading there is definite guarantee that you can get a certain profit but in gambling you will not get any guarantee that you will get profit.
Trading mainly depends on experience and if you can enter the right market and trade at the right time then you are guaranteed to get profit.
But when it comes to gambling, luck is more important than experience, in this case you can get good if you are lucky or you can definitely go bankrupt if you are unlucky.

[bettercrypto]

Basically gambling depends on luck, but trading usually depends on skill. I'm involved in trading and gambling myself, regardless of what other people say, gambling is an uncertain future so it's basically luck if you have a prize you'll win. But trading is basically a different thing because I usually see in spot trading, there are many people who trade only because of excessive greed and lose again and again. If I train myself to control my emotions and earn limited profits, I will surely succeed in almost every trade.

It's true what you say: gambling is really just luck when you win in any casino. I don't believe that you win gambling because of skills. Because there are no skills
needed in gambling, whether it's cryptocurrency, stocks, or forex.

I can still believe that in trading, you need to have skills, and to get these skills, you must have an understanding of reading chart indicators in exchanges
in the crypto space.

[Uruhara]

What is called gambling is that when we gamble, we will lose money and gain money.
Trading will definitely make money if we trade unless we deliberately sell cheap or make a loss.

This system is the difference between gambling and trading because both of them have different advantages and disadvantages and from a psychological perspective, gambling definitely experiences many rapid emotional changes.

Well, for those of us who already understand the difference between trading and gambling, it looks very simple. But for those who are very unfamiliar with the term trading, they tend to equate it with gambling. And actually, more precisely, currently many people have a negative view of crypto. So crypto trading is often considered gambling by ordinary people. So the most important thing is to build an understanding that crypto is a very good and useful thing in the current era of digitalization. If someone already understands that crypto is not a bad thing, then they will not consider crypto trading as gambling. Crypto literacy actually still needs to be improved at this time.

[milewilda]

What is called gambling is that when we gamble, we will lose money and gain money.
Trading will definitely make money if we trade unless we deliberately sell cheap or make a loss.

This system is the difference between gambling and trading because both of them have different advantages and disadvantages and from a psychological perspective, gambling definitely experiences many rapid emotional changes.

Well, for those of us who already understand the difference between trading and gambling, it looks very simple. But for those who are very unfamiliar with the term trading, they tend to equate it with gambling. And actually, more precisely, currently many people have a negative view of crypto. So crypto trading is often considered gambling by ordinary people. So the most important thing is to build an understanding that crypto is a very good and useful thing in the current era of digitalization. If someone already understands that crypto is not a bad thing, then they will not consider crypto trading as gambling. Crypto literacy actually still needs to be improved at this time.

Lack of knowledge would really eventually be giving you that kind of vibe or kind of belief in mind because lacking about information or doesnt have any idea on things will really be giving out that kind of impression on which you would be ending up with those kind of wrong assumptions. Well, its normal for a noob but it would really be impossible that you cant really be able to notice
or determine it out in regarding with the risks levels but well it would really be just that depending on how you would really be able to make your differentiation in between the two.
This is why it would really be that best that you do make out that own research before making up conclusions.