Trading is not same thing as Gambling

[bounceback]

Yes. I agree with you that trading requires skills but not all trading is just trading that is something else. If we talk about binary trading, it's pure gambling. You just rely on your luck and you cannot do anything else except wait for it to get closed. When we rely on luck only, this is gambling. Future trading is gambling as well, but you could still say that future trading requires skills and a trader has to do a lot of research before they open the position. I guess the reason behind people call it gambling is because of binary trading.

Binary trading is the same with gambling pure of luckiness when putting our order, but in trading is difference including skill and knowledge will get bigger profitable to earn than gambling just depend on luckiness with our capital loss if wrong prediction. In trading indeed little mistake with prediction some coins we still has chance waiting price recovery and earn much profitable later.
I think Binary trading must removed their trading words because its not like as trading usually, binary pure of luckiness depend and the same with gambling way.

[UNIVERSE]

Gambling is for leisure
Trading is for income/profit making

Gambling is a fun matter, people gamble mostly through the games.
Trading is a serious matter, people do trading for a profession/job. True, they get profits in trading.

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.

The risk level is so much different. Gambling is surely higher risk, it even mostly depends on the luck only. The chance of success is not so high in gambling. It is different with trading, the risk can be lower if we have good knowledge. So, the key is about our knowledge, it determines the success. Even if no guarantee 100% but people who have better knowledge in trading, they always have bigger chance to be successful.

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.

If we have good knowledge, we can understand how to trade in a proper way. We can consider many things if we have good knowledge. Finally, it can lower the potential of losses. People who understand how trading works, probably have good chance to be successful. This never happens in gambling. 

[Jamal Aezaz]

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.

One cannot understand the difference between gambling and trading until he uses his knowledge in trading because the main dissimilarity between these two is the knowledge. One cannot get success in gambling because no knowledge is present for getting success in gambling but there is a better way known as trading in which you can earn through accurate knowledge.

Try to understand the difference between gambling and trading and one cannot get success from trading if he does not understand the fact that it is not a luck based game but it is based on knowledge and expertise.

[milewilda]

Yes. I agree with you that trading requires skills but not all trading is just trading that is something else. If we talk about binary trading, it's pure gambling. You just rely on your luck and you cannot do anything else except wait for it to get closed. When we rely on luck only, this is gambling. Future trading is gambling as well, but you could still say that future trading requires skills and a trader has to do a lot of research before they open the position. I guess the reason behind people call it gambling is because of binary trading.

Binary trading is the same with gambling pure of luckiness when putting our order, but in trading is difference including skill and knowledge will get bigger profitable to earn than gambling just depend on luckiness with our capital loss if wrong prediction. In trading indeed little mistake with prediction some coins we still has chance waiting price recovery and earn much profitable later.
I think Binary trading must removed their trading words because its not like as trading usually, binary pure of luckiness depend and the same with gambling way.

I can attest that Binary options type of trading could really be considered to be gambling, although you could really be able to apply some analysis considering that you are really that making some trading on which it would really be just that normal that you would really be making yourself that applying analysis on which it cause up for you to have that increased chance on making some good trading but since binary options are really that involved with few seconds or even just a minute trade then this is something that you cant really be able to draw any technical analysis or even be able to apply any fuindamentals and this is why i cant be considered to be gambling and pretty sure that majority will really be having that impressions too.

[doc]

Yes. I agree with you that trading requires skills but not all trading is just trading that is something else. If we talk about binary trading, it's pure gambling. You just rely on your luck and you cannot do anything else except wait for it to get closed. When we rely on luck only, this is gambling. Future trading is gambling as well, but you could still say that future trading requires skills and a trader has to do a lot of research before they open the position. I guess the reason behind people call it gambling is because of binary trading.

Binary trading is the same with gambling pure of luckiness when putting our order, but in trading is difference including skill and knowledge will get bigger profitable to earn than gambling just depend on luckiness with our capital loss if wrong prediction. In trading indeed little mistake with prediction some coins we still has chance waiting price recovery and earn much profitable later.
I think Binary trading must removed their trading words because its not like as trading usually, binary pure of luckiness depend and the same with gambling way.

I can attest that Binary options type of trading could really be considered to be gambling, although you could really be able to apply some analysis considering that you are really that making some trading on which it would really be just that normal that you would really be making yourself that applying analysis on which it cause up for you to have that increased chance on making some good trading but since binary options are really that involved with few seconds or even just a minute trade then this is something that you cant really be able to draw any technical analysis or even be able to apply any fuindamentals and this is why i cant be considered to be gambling and pretty sure that majority will really be having that impressions too.

I think I agree with you, Binary options type of trading seems a gamble.   Maybe we can't make truly accurate analysis and many people say it's like gambling that relies on luck... What type of analysis do we want to use?  It doesn't seem to have much of an effect there.  I'm not a professional trader, just a holder who has learned a little about trading.

[God Of Thunder]

I think I agree with you, Binary options type of trading seems a gamble.   Maybe we can't make truly accurate analysis and many people say it's like gambling that relies on luck... What type of analysis do we want to use?  It doesn't seem to have much of an effect there.  I'm not a professional trader, just a holder who has learned a little about trading.

I don't think any kind of analysis works in binary trading. It's pure gambling bro. You cannot really predict what will happen in the next one minute or in the next five minutes. If the market moves a very little like 0.0000001 USD, you still loss the trade which is 100% pure gambling. You lose the entire stake and not the part of it.

On the other side, when you trade on the spot, you may have some bad predictions, yet you won't loss the whole amount of money. You may lose a portion of it. But still, you have a chance to recover the loss if you hold it. But binary trades does not gives you a single second.

[Gurujebs]

One cannot understand the difference between gambling and trading until he uses his knowledge in trading because the main dissimilarity between these two is the knowledge. One cannot get success in gambling because no knowledge is present for getting success in gambling but there is a better way known as trading in which you can earn through accurate knowledge.

Try to understand the difference between gambling and trading and one cannot get success from trading if he does not understand the fact that it is not a luck based game but it is based on knowledge and expertise.

Even by knowledge, Trading and gambling are not the same, they are not even close. The only thing that joined the two of them is that they are both risk way of making money but the degree of gambling is above and high than that of trading. Gambling will take away your money completely but trading wouldn't if you do a regular trading.

If you do gambling and you lost, your money is gone and the money goes to the casino and doesn't has policy of returning it back to you but as for trading, you can buy a coin leave it on your wallet for a long time you want, you can sell when feel like you are having enough profits already and you don't need to even panic if the coin goes down, they always go up after some times.

[jeraldskie11]

One cannot understand the difference between gambling and trading until he uses his knowledge in trading because the main dissimilarity between these two is the knowledge. One cannot get success in gambling because no knowledge is present for getting success in gambling but there is a better way known as trading in which you can earn through accurate knowledge.

Try to understand the difference between gambling and trading and one cannot get success from trading if he does not understand the fact that it is not a luck based game but it is based on knowledge and expertise.

Even by knowledge, Trading and gambling are not the same, they are not even close. The only thing that joined the two of them is that they are both risk way of making money but the degree of gambling is above and high than that of trading. Gambling will take away your money completely but trading wouldn't if you do a regular trading.

If you do gambling and you lost, your money is gone and the money goes to the casino and doesn't has policy of returning it back to you but as for trading, you can buy a coin leave it on your wallet for a long time you want, you can sell when feel like you are having enough profits already and you don't need to even panic if the coin goes down, they always go up after some times.

I agree with you but I also agree with him in some point. Trading is not a gambling because it's just buying and selling; on the other side, gambling is always a gambling. Maybe it's good to say that you can trade like you're gambling if you don't have knowledge in trading. Their similarity to gambling if you don't have  knowledge in trading is the chance of winning a trade, like it's 50/50.

[Mr. Magkaisa]

Yes. I agree with you that trading requires skills but not all trading is just trading that is something else. If we talk about binary trading, it's pure gambling. You just rely on your luck and you cannot do anything else except wait for it to get closed. When we rely on luck only, this is gambling. Future trading is gambling as well, but you could still say that future trading requires skills and a trader has to do a lot of research before they open the position. I guess the reason behind people call it gambling is because of binary trading.

Binary trading is the same with gambling pure of luckiness when putting our order, but in trading is difference including skill and knowledge will get bigger profitable to earn than gambling just depend on luckiness with our capital loss if wrong prediction. In trading indeed little mistake with prediction some coins we still has chance waiting price recovery and earn much profitable later.
I think Binary trading must removed their trading words because its not like as trading usually, binary pure of luckiness depend and the same with gambling way.

          -  I think you're right about that because, in reality, other exploitative people use that as a front most of the time so they can fool people who don't know anything about this field of the crypto space industry.

I have often seen that they use it before in MLMs (multi-level marketing) just to show that they are still in the trend, but the truth is that you are really just putting money into their binary trading to waste money.

[alltalk]

One cannot understand the difference between gambling and trading until he uses his knowledge in trading because the main dissimilarity between these two is the knowledge. One cannot get success in gambling because no knowledge is present for getting success in gambling but there is a better way known as trading in which you can earn through accurate knowledge.

Indeed. Knowledge is the difference between gambling and trading. In gambling we mostly don't really need knowledge but we need the luck. But in trading, we must have knowledge to be successful. There is no way to succeed if we don't have knowledge because we are impossible to trade properly without knowledge.

In gambling people can succeed based on the luck. But in trading it is impossible. Even the luck is one of the factors of success in trading, knowledge will be the main part of the success. Most of us must be familiar with many advice from everyone in crypto forum that we must prioritize to have good knowledge first when we are newcomers in crypto trading.

[God Of Thunder]

I think I agree with you, Binary options type of trading seems a gamble.   Maybe we can't make truly accurate analysis and many people say it's like gambling that relies on luck... What type of analysis do we want to use?  It doesn't seem to have much of an effect there.  I'm not a professional trader, just a holder who has learned a little about trading.

I can give you a perfect example of why it should called gambling. if you go to bitwinup.com, you will notice that this web3 casino is different than others. You have to bet on the Bitcoin movement. There will be 10 sec period and you will have to predict if the price will go up or down. Which is the same as binary trading.

I always have been saying that binary trading is pure gambling and now a casino bitwinup proved that I was right. So, whoever was saying that binary trading is not gambling, you should check this website.

[albon]

Since your title is very big so i would like to analyze it in a small way. Trading is not only based on luck so you need to practice a lot in order to trade successfully. On the other hand, gambling does not require much practice so if you have money you can gamble anytime be it online or offline. Trading should not be handled as gambling but investment like short time and long time can give you good profit. Since crypto market dynamics are not monotonous, the loss rate here is also somewhat lower. But when you gamble and lose then your original money will be lost.

[UNIVERSE]

Trading is not only based on luck so you need to practice a lot in order to trade successfully. On the other hand, gambling does not require much practice so if you have money you can gamble anytime be it online or offline.

The success in trading will be based on skills or knowledge. Experience is another factor that has a role in the success on trading. Luck is just a small factor, there is no luck if a trader has no knowledge or skills. Sure, it is different if we take a look at gambling. The luck is the main factor in gambling, the knowledge or skills is just another factor for the success in gambling.

Trading should not be handled as gambling but investment like short time and long time can give you good profit. Since crypto market dynamics are not monotonous, the loss rate here is also somewhat lower. But when you gamble and lose then your original money will be lost.

Of course, never try to trade with the same way as in gambling. Trading must have its own way, knowledge and experience are 2 main things. That's why we must always improve our knowledge in trading, we never stop learning as traders. But in gambling, we even don't really need to update the knowledge, specifically for luck-based games like Slots.

[Gurujebs]

Since your title is very big so i would like to analyze it in a small way. Trading is not only based on luck so you need to practice a lot in order to trade successfully. On the other hand, gambling does not require much practice so if you have money you can gamble anytime be it online or offline. Trading should not be handled as gambling but investment like short time and long time can give you good profit. Since crypto market dynamics are not monotonous, the loss rate here is also somewhat lower. But when you gamble and lose then your original money will be lost.

Practice is needed for some gambling games and not just that, it's needed for users to get acquainted with some options. If you are a sport bettor for example and you love to used straight win or draw option in your games and you don't lose, there are ways you can explore and play around with handicap options and you will always win from your games.

I just think that by knowledge, gambling is different from trading but one rely more on luck than the other one. There are days you have luck in trading and likewise in gambling but you will enjoy it more in gambling than you will do in trading because only analysis will take you far in trading.

[Mr. Magkaisa]

Since your title is very big so i would like to analyze it in a small way. Trading is not only based on luck so you need to practice a lot in order to trade successfully. On the other hand, gambling does not require much practice so if you have money you can gamble anytime be it online or offline. Trading should not be handled as gambling but investment like short time and long time can give you good profit. Since crypto market dynamics are not monotonous, the loss rate here is also somewhat lower. But when you gamble and lose then your original money will be lost.

Practice is needed for some gambling games and not just that, it's needed for users to get acquainted with some options. If you are a sport bettor for example and you love to used straight win or draw option in your games and you don't lose, there are ways you can explore and play around with handicap options and you will always win from your games.

I just think that by knowledge, gambling is different from trading but one rely more on luck than the other one. There are days you have luck in trading and likewise in gambling but you will enjoy it more in gambling than you will do in trading because only analysis will take you far in trading.

          -     Then there are others who really think of trading as gambling because of the risk involved. If you look at it literally, you are taking a risk when you buy cryptocurrency on an exchange where you conduct trading activity.

But in the other term, trading is not in reality considered gambling because it uses technical and fundamental analysis, and gambling is no longer in these two, so they are not really the same. Because trading is a skill that you can develop, while in gambling you don't have any skills to actually acquire.