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Author Topic: Trading is not same thing as Gambling  (Read 7573 times)

Online kulkhan

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Re: Trading is not same thing as Gambling
« Reply #135 on: May 12, 2024, 08:47:12 PM »
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.
Your point is very important that people who are ignorant or have no knowledge about trading can consider trading as gambling. But is trading really gambling? Due to high volatility a trader can gain high profit from trading and also lose. Many may compare this rapid change to gambling but they are making such comments because of their lack of trading knowledge. Those who invest in wrong places hoping for high returns can lose their money at any time. And because of this all trading platforms can never be considered as gambling.
Really you are absolutely right i think. Now a days we are seeing huge inexperienced people engage with gambling and luckily some people are wining, and people thinking it is trading. But trading and gambling has huge difference but ther are not understanding.

I think it happened because lack of knowledge. I think when anyone will involve with trading then he will understand different Between trading and gambling.

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Re: Trading is not same thing as Gambling
« Reply #135 on: May 12, 2024, 08:47:12 PM »

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Offline Jeffy112

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Re: Trading is not same thing as Gambling
« Reply #136 on: May 12, 2024, 09:29:52 PM »
Providing access to educational materials such as articles, videos, or online courses that explain the principles of trading and investing can help individuals develop a better understanding of the financial markets, in addition, teaching risk management strategies, such as setting stop-loss orders and diversifying investments, can help traders minimize potential losses and make more calculated decisions.

Offline EthereumDev_

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Re: Trading is not same thing as Gambling
« Reply #137 on: May 17, 2024, 06:45:27 AM »
Really you are absolutely right i think. Now a days we are seeing huge inexperienced people engage with gambling and luckily some people are wining, and people thinking it is trading. But trading and gambling has huge difference but ther are not understanding.

I think it happened because lack of knowledge. I think when anyone will involve with trading then he will understand different Between trading and gambling.
Those who fall into the trap usually use future trading, they think the way they are doing it is correct, so when we give them the correct information, they feel they don't want to be given the information and think we are the one who is wrong. When you find someone like that, leave it alone, we don't need to waste energy on people like that.

Offline Rubel007

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Re: Trading is not same thing as Gambling
« Reply #138 on: May 17, 2024, 07:07:45 AM »
Though trading and gambling are two different things, in my opinion those who are not well versed in trading related matters, there is no difference between trading and gambling. A trader needs to acquire various skills for trading. But gambling does not require much skill. Because gambling is largely dependent on luck. A gambler can gain a lot from gambling if he gambles with little knowledge of gambling but there is no chance of making quick money in favor of a trader.

Offline UNIVERSE

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Re: Trading is not same thing as Gambling
« Reply #139 on: May 17, 2024, 07:51:59 AM »
Though trading and gambling are two different things, in my opinion those who are not well versed in trading related matters, there is no difference between trading and gambling. A trader needs to acquire various skills for trading. But gambling does not require much skill. Because gambling is largely dependent on luck. A gambler can gain a lot from gambling if he gambles with little knowledge of gambling but there is no chance of making quick money in favor of a trader.
Gambling and trading are surely different. Gambling mostly depends on the luck, meanwhile trading will depend on our efforts in learning and acquiring knowledge. If we have more knowledge, it means the chance to succeed in trading will be higher. Even if there are gambling games that need skills, the success will still depend on the luck, too. So, basically, these things are very different. Maybe the same part of trading and gambling are using money to do it. There is no gambling and trading that can be done for free.  :D


Offline Jamal Aezaz

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Re: Trading is not same thing as Gambling
« Reply #140 on: May 17, 2024, 08:30:43 PM »
Those who fall into the trap usually use future trading, they think the way they are doing it is correct, so when we give them the correct information, they feel they don't want to be given the information and think we are the one who is wrong. When you find someone like that, leave it alone, we don't need to waste energy on people like that.

The better idea here is to not share any information with others because sometimes we think positive about others but they think that we are sharing information because it will give us profit. If someone asks you about any decision then you can give him otherwise don't consider anyone to be a friend with you as when they fail to earn money then they hold you accountable for this disappointment.

Future trading is not a good option and if someone is involved in it then try to clear facts about future trading for him but still if he doesn't understand it then leave him because we will not suffer from loss but the loss will be faced by those traders who are a part of future trading.
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Offline IvugeoEvolutionCoin

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Re: Trading is not same thing as Gambling
« Reply #141 on: May 18, 2024, 09:47:22 AM »
Though trading and gambling are two different things, in my opinion those who are not well versed in trading related matters, there is no difference between trading and gambling. A trader needs to acquire various skills for trading. But gambling does not require much skill. Because gambling is largely dependent on luck. A gambler can gain a lot from gambling if he gambles with little knowledge of gambling but there is no chance of making quick money in favor of a trader.
Gambling and trading are surely different. Gambling mostly depends on the luck, meanwhile trading will depend on our efforts in learning and acquiring knowledge. If we have more knowledge, it means the chance to succeed in trading will be higher. Even if there are gambling games that need skills, the success will still depend on the luck, too. So, basically, these things are very different. Maybe the same part of trading and gambling are using money to do it. There is no gambling and trading that can be done for free.  :D
Exactly, when new people enter the world of cryptocurrency they want to try to make a quick profit, they don't understand the differences in methods that exist in the world of trading. Usually they enter future trading. Future trading has similarities to gambling which we must be able to avoid.

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Re: Trading is not same thing as Gambling
« Reply #141 on: May 18, 2024, 09:47:22 AM »


Offline Dr.Bitcoin_Strange

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Re: Trading is not same thing as Gambling
« Reply #142 on: May 18, 2024, 10:26:24 AM »
Though trading and gambling are two different things, in my opinion those who are not well versed in trading related matters, there is no difference between trading and gambling. A trader needs to acquire various skills for trading. But gambling does not require much skill. Because gambling is largely dependent on luck. A gambler can gain a lot from gambling if he gambles with little knowledge of gambling but there is no chance of making quick money in favor of a trader.
The two concepts are indeed different but yet have something in common which is the involvement of risk, how successful you are in both of them depends on your risk management and tolerance.
Gambling is mostly more about luck and chances and less skill and experience while trading requires more of skill and experience and less luck and chance, to be a successful trader, youll need all the knowledge, skill and experience about thr market's dynamics in other to help you make logical decisions while trading.

Offline DAMKAR

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Re: Trading is not same thing as Gambling
« Reply #143 on: May 18, 2024, 09:55:52 PM »
Though trading and gambling are two different things, in my opinion those who are not well versed in trading related matters, there is no difference between trading and gambling. A trader needs to acquire various skills for trading. But gambling does not require much skill. Because gambling is largely dependent on luck. A gambler can gain a lot from gambling if he gambles with little knowledge of gambling but there is no chance of making quick money in favor of a trader.
The two concepts are indeed different but yet have something in common which is the involvement of risk, how successful you are in both of them depends on your risk management and tolerance.
Gambling is mostly more about luck and chances and less skill and experience while trading requires more of skill and experience and less luck and chance, to be a successful trader, youll need all the knowledge, skill and experience about thr market's dynamics in other to help you make logical decisions while trading.
Maybe gambling lovers will prefer gambling to trading. This is natural, because the decision depends on our abilities and preferences. Gambling prioritizes luck and opportunity. You are right. While trading requires experience and expertise, it takes time to become a great trader.

Offline JISAN

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Re: Trading is not same thing as Gambling
« Reply #144 on: May 18, 2024, 10:02:13 PM »
Though trading and gambling are two different things, in my opinion those who are not well versed in trading related matters, there is no difference between trading and gambling. A trader needs to acquire various skills for trading. But gambling does not require much skill. Because gambling is largely dependent on luck. A gambler can gain a lot from gambling if he gambles with little knowledge of gambling but there is no chance of making quick money in favor of a trader.
The two concepts are indeed different but yet have something in common which is the involvement of risk, how successful you are in both of them depends on your risk management and tolerance.
Gambling is mostly more about luck and chances and less skill and experience while trading requires more of skill and experience and less luck and chance, to be a successful trader, youll need all the knowledge, skill and experience about thr market's dynamics in other to help you make logical decisions while trading.
Maybe gambling lovers will prefer gambling to trading. This is natural, because the decision depends on our abilities and preferences. Gambling prioritizes luck and opportunity. You are right. While trading requires experience and expertise, it takes time to become a great trader.
Trading requires both skill and experience but gambling requires neither, you just need to know the process of placing bets. only then you will win the bet depending on your luck  However, with experience, the ability to make accurate predictions is often acquired in gambling. Trading and gambling are not the same in any way. But if you consider the aspect of risk, then the two can be somewhat combined. Because there is a lot of risk of financial loss in both places

Offline UNIVERSE

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Re: Trading is not same thing as Gambling
« Reply #145 on: May 18, 2024, 11:59:08 PM »
Maybe gambling lovers will prefer gambling to trading. This is natural, because the decision depends on our abilities and preferences. Gambling prioritizes luck and opportunity. You are right. While trading requires experience and expertise, it takes time to become a great trader.
Gamblers probably choose gambling if they want to try luck and get fun. But if they are serious to earn money, I think they must choose trading. Even the gamblers, they must know gambling games have no guarantee to success. It will be always difficult to win the prizes. Meanwhile in trading, it will be easier to get the profits if we have good knowledge and skills. That's why we must learn seriously before we do trading.



Offline milewilda

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Re: Trading is not same thing as Gambling
« Reply #146 on: May 19, 2024, 06:33:21 AM »
Maybe gambling lovers will prefer gambling to trading. This is natural, because the decision depends on our abilities and preferences. Gambling prioritizes luck and opportunity. You are right. While trading requires experience and expertise, it takes time to become a great trader.
Gamblers probably choose gambling if they want to try luck and get fun. But if they are serious to earn money, I think they must choose trading. Even the gamblers, they must know gambling games have no guarantee to success. It will be always difficult to win the prizes. Meanwhile in trading, it will be easier to get the profits if we have good knowledge and skills. That's why we must learn seriously before we do trading.
Gambling is for leisure
Trading is for income/profit making

With these two then you could already tell on whats their main difference on which of course when it comes to risk level then this is something that you would really be
able to differentiate and of course you would really be needing up to make yourself that determine on how you should really be gonna dealing with it.
It would really be that impossible that you cant really be able to make yoursel see those differences and on how you would be needing to act according into it.

 

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