Trading is not same thing as Gambling

[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.

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.

There's no analysis that would really be able to fit out with this kind of trading on which it would really be something that will really be too fast in duration on which there would be no analysis that could work out. Even if we do say or make use of that scalping method kind of approach but still it wont really be enough for it to read up any possible movements considering the
very fast duration. This is why it would really be that considered to be gambling even if it would really be just pertaining or  talking about trading but the risks
involved is really that having that equal values i could say.

[LUCKMCFLY]

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.

I have always said one thing, when we speculate in the market you can say that we are going to make a bet with what we think will happen, there is no other way, if all goes well then things will turn out with profits, this applies to the casino, trading and anything in life, but betting in a casino is something else, because in a casino things are much more down to luck, and that is already for me dangerous and is risking too much money, I honestly would not do it, that is why there is always a lot of difference between betting and trading.

[Jamal Aezaz]

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.

As gambling can take away your money completely after a single wrong bet so similar can happen with trading also like if you choose wrong coins and suddenly that coins get scam then think that what will be the outcomes? Will the outcomes be similar to gambling? Or will the scam project again go higher and will turn into a worthy project? No it's not easy and not possible therefore try to understand that the main thing between gambling and trading is knowledge.

In gambling nothing can make you successful even if you learn from different sources, through watching different videos and applying various techniques but still there is a greater chance to lose money while in trading you can be a successful person once you learn about the selecting idea of coins.

[SmartGold01]

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.

As gambling can take away your money completely after a single wrong bet so similar can happen with trading also like if you choose wrong coins and suddenly that coins get scam then think that what will be the outcomes? Will the outcomes be similar to gambling? Or will the scam project again go higher and will turn into a worthy project? No it's not easy and not possible therefore try to understand that the main thing between gambling and trading is knowledge.

In gambling nothing can make you successful even if you learn from different sources, through watching different videos and applying various techniques but still there is a greater chance to lose money while in trading you can be a successful person once you learn about the selecting idea of coins.

Lemme go little dipper on what you have already put down there; in gambling we focused more on probability while in trading we focused more cerntainty. Meaning while trading you can lose money but when you understand what you are doing carefully then you would gain more knowledge to enhance your trading skills, that is to say after gaining the knowledge your profits is sure than gambling that deals with probabilities.

[|MINER|]

Trading and gambling are never the same.  Two completely different things.  Those who know about it well will never call the two the same thing.  Trading is completely dependent on skill.  Luck has nothing to do with trading.  But gambling is totally dependent on luck.To do trading one must have adequate knowledge and understanding about trading.  People who do not know about trading confuse trading and gambling.Trading and gambling have nothing in common.  So those who say that gambling and trading are the same may know only about gambling and have no idea or skills about trading.  Trading is entirely dependent on a person's discretion and skill to make a profit or a loss

[doc]

Trading and gambling are never the same.  Two completely different things.  Those who know about it well will never call the two the same thing.  Trading is completely dependent on skill.  Luck has nothing to do with trading.  But gambling is totally dependent on luck.To do trading one must have adequate knowledge and understanding about trading.  People who do not know about trading confuse trading and gambling.Trading and gambling have nothing in common.  So those who say that gambling and trading are the same may know only about gambling and have no idea or skills about trading.  Trading is entirely dependent on a person's discretion and skill to make a profit or a loss

I agree with you, trading is different from gambling. Trading requires skills, knowledge and experience so that we can have a good plan and strategy and make the right analysis. While gambling relies on luck and strong intuition, I always fail in gambling.

[pieppiep]

Trading and gambling are never the same.  Two completely different things.  Those who know about it well will never call the two the same thing.  Trading is completely dependent on skill.  Luck has nothing to do with trading.  But gambling is totally dependent on luck.To do trading one must have adequate knowledge and understanding about trading.  People who do not know about trading confuse trading and gambling.Trading and gambling have nothing in common.  So those who say that gambling and trading are the same may know only about gambling and have no idea or skills about trading.  Trading is entirely dependent on a person's discretion and skill to make a profit or a loss

I agree with you, trading is different from gambling. Trading requires skills, knowledge and experience so that we can have a good plan and strategy and make the right analysis. While gambling relies on luck and strong intuition, I always fail in gambling.

Indeed, it is correct that trading is not gambling at all. In trading we have to know about the technicals and the fundamentals and also know how to avoid a loss or gain an early profit regardless of the position held in the market. Speculative on the other hand is similar to gambling in that it has less solidity analyzing it from a strong premise. Unlike trading, in gambling, we see ourselves going deeper and deeper into unpredictable uncertainty after having made a mistake and learning nothing new about our skills. Therefore, dedicating time and energy towards trading is far more satisfying than basing it on blindness.

[Aanuoluwatofunmi]

We cant in any way compare trading to gambling, they are two different things are are serving on two different purpose, when we are trading, we are making investment on currency pairs as against each other in other to make profit, it could be either on a long or short time investment plan, while gambling is what we make use of our own personal money to play bets and either win or lose and have fun.

[Mr. Magkaisa]

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.

As gambling can take away your money completely after a single wrong bet so similar can happen with trading also like if you choose wrong coins and suddenly that coins get scam then think that what will be the outcomes? Will the outcomes be similar to gambling? Or will the scam project again go higher and will turn into a worthy project? No it's not easy and not possible therefore try to understand that the main thing between gambling and trading is knowledge.

In gambling nothing can make you successful even if you learn from different sources, through watching different videos and applying various techniques but still there is a greater chance to lose money while in trading you can be a successful person once you learn about the selecting idea of coins.

Lemme go little dipper on what you have already put down there; in gambling we focused more on probability while in trading we focused more cerntainty. Meaning while trading you can lose money but when you understand what you are doing carefully then you would gain more knowledge to enhance your trading skills, that is to say after gaining the knowledge your profits is sure than gambling that deals with probabilities.

         -     It may be true that the majority of gamblers want to make money from gambling, but there are still gamblers whose only intention is just for fun, and maybe this kind of feeling can be felt by rich gamblers. and the not-so-rich gamblers.

Now, for me, it's not right to say that trading is the same as gambling; well, in fact, they are very different and not the same. That's why I don't understand why others say that. Which for me is not really, because trading does not have card games or slot games, even poker; how are they the same? Simple logic and common sense are not really the same.

[SmartGold01]

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.

As gambling can take away your money completely after a single wrong bet so similar can happen with trading also like if you choose wrong coins and suddenly that coins get scam then think that what will be the outcomes? Will the outcomes be similar to gambling? Or will the scam project again go higher and will turn into a worthy project? No it's not easy and not possible therefore try to understand that the main thing between gambling and trading is knowledge.

In gambling nothing can make you successful even if you learn from different sources, through watching different videos and applying various techniques but still there is a greater chance to lose money while in trading you can be a successful person once you learn about the selecting idea of coins.

Lemme go little dipper on what you have already put down there; in gambling we focused more on probability while in trading we focused more cerntainty. Meaning while trading you can lose money but when you understand what you are doing carefully then you would gain more knowledge to enhance your trading skills, that is to say after gaining the knowledge your profits is sure than gambling that deals with probabilities.

         -     It may be true that the majority of gamblers want to make money from gambling, but there are still gamblers whose only intention is just for fun, and maybe this kind of feeling can be felt by rich gamblers. and the not-so-rich gamblers.

Now, for me, it's not right to say that trading is the same as gambling; well, in fact, they are very different and not the same. That's why I don't understand why others say that. Which for me is not really, because trading does not have card games or slot games, even poker; how are they the same? Simple logic and common sense are not really the same.

The main reason why people are terming it the same is the risk level index, many people do consider the amount (volatility) of one losing their money completely. So even in gambling when you stake if the bet didn't go as planned you lose money while in trading if your predictions didn't go as planned when you enter a trade you lose money except you have to hold on a long position for long to know if the market would changed direction and come to your favor. I think these two similarities are why people often classified them as one and nothing much, same fun people have while gambling others do attest to same fun while trading as well.

[Ujok]

I have always said one thing, when we speculate in the market you can say that we are going to make a bet with what we think will happen, there is no other way, if all goes well then things will turn out with profits, this applies to the casino, trading and anything in life, but betting in a casino is something else, because in a casino things are much more down to luck, and that is already for me dangerous and is risking too much money, I honestly would not do it, that is why there is always a lot of difference between betting and trading.

casino games many people know it with gambling and also the game system is very easy but winning this game with luck is hard to guess, this is where we will try our luck whether lucky or not. if we talk about the comparison between casinos and crypto trading it is very different even though both are equally installed but crypto must have knowledge about crypto and the market so that in trading it is easier to have the coins you want to trade.

[Agbe]

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.

Technically they are kind of similar because they involve taking risks but the dynamics behind the financial market is different from gambling. First of all when it comes to Gambling especially casinos you have no control over the outcome, it's strictly up to the house to so whatever they decide, this makes gambling more riskier because there are no systems to learn or patterns to maximise your profits. Crypto trading on the other hand requires a level of skill set, it's not something you can just jump into and expect to have full understanding of it, a trader that has dedicated his or time to the financial market and knows the technicalities Involved can have more profits than losses, like you said, you can't always have an accurate prediction of the markets direction everytime so when it's going your way it's best to take profit instead of waiting for it to hit the target, this is why having a mentor is advised if you are not really an expert. The luck required in trading is minimal compared to Gambling

[royalRitta]

I have always said one thing, when we speculate in the market you can say that we are going to make a bet with what we think will happen, there is no other way, if all goes well then things will turn out with profits, this applies to the casino, trading and anything in life, but betting in a casino is something else, because in a casino things are much more down to luck, and that is already for me dangerous and is risking too much money, I honestly would not do it, that is why there is always a lot of difference between betting and trading.

casino games many people know it with gambling and also the game system is very easy but winning this game with luck is hard to guess, this is where we will try our luck whether lucky or not. if we talk about the comparison between casinos and crypto trading it is very different even though both are equally installed but crypto must have knowledge about crypto and the market so that in trading it is easier to have the coins you want to trade.

You can use your knowledge and expertise in trading, whereas in gambling, luck decides for you and your potential profits.
They are different in that regard, though some trade the same as they gamble.

[Ricardo11]

While trading and gambling have some complementary relationships, they are not entirely the same. Gambling depends entirely on luck, in this case a trader has a sure chance to make money if they do proper market research and apply the right strategy while trading (but this is not possible for everyone, no one except the top traders can make money easily from trading ). But in gambling we cannot do any research or analysis, we have to leave it to luck and accept the results of immediate profit or loss, where most of the time the probability of loss is high. So even though there is risk in both cases, that risk can be minimized through skill and proper strategy in trading, which is not possible in gambling.

[satpol_PP]

While trading and gambling have some complementary relationships, they are not entirely the same. Gambling depends entirely on luck, in this case a trader has a sure chance to make money if they do proper market research and apply the right strategy while trading (but this is not possible for everyone, no one except the top traders can make money easily from trading ). But in gambling we cannot do any research or analysis, we have to leave it to luck and accept the results of immediate profit or loss, where most of the time the probability of loss is high. So even though there is risk in both cases, that risk can be minimized through skill and proper strategy in trading, which is not possible in gambling.

In trading we must have the right skills and strategies in order to gain profit, and trading requires this including the ability to make fundamental and technical analysis, I agree with this opinion. While in gambling we only depend on luck and maybe experience as a gambler. but if we have the perseverance in learning something we should choose to trade.