Trading is not same thing as Gambling

[Agbe]

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

Yes, trading and gambling are different. But it can be the same if we trade with no proper knowledge. In gambling, people expect more on the luck to succeed. Meanwhile in trading, people will try to have enough knowledge to increase the chance for success. We treat trading in a different way, we rely on our knowledge and experience to ear good profits. But in gambling, there is no way to increase the chance for success if we have no luck.

I totally agree with you on this, trading can actually be gambling to an extent depending on how you has the trader handle it. Trading with zero or average knowledge about the market is gambling because you are not familiar with structures and technicalities of the market you are just after whatever you can get which makes it a risky gamble, traders that wait for trading signals are under this category, they just pick any trade an expert gives to them without studying the direction of the Market. Lastly those that trade against the trend are the biggest gamblers

[milewilda]

Trading is never been tha considered a gambling, it would become do so on the moment or time that you do make out some entries but without having any
analysis or strategies that you have applied.This is the time or moment that it would be considered out that you are really just that simply doing gambling
yet you dont really know on what are the things that could happen. We do know that when it comes into this approach then trading is something that could
bring out profits for long term and gambling is really just that for the sake of fun.

[36B]

Trading is never been tha considered a gambling, it would become do so on the moment or time that you do make out some entries but without having any
analysis or strategies that you have applied.This is the time or moment that it would be considered out that you are really just that simply doing gambling
yet you dont really know on what are the things that could happen. We do know that when it comes into this approach then trading is something that could
bring out profits for long term and gambling is really just that for the sake of fun.

The use of cryptocurrencies will also require a high level of awareness, mutual respectable and compliance to the law of the land to help in the development of a sound market for the same. The regulation of investors is one thing that the government should undertake while simultaneously seeing to it that operation in this market does not pose any harm. At the same time, the industry players require polices that enable them to continue innovating and which do not encumber the market.

Negotiating benefit will be advantageous to both parties in the government and users. By constraining the use of cryptos to meet the set standard, several people will have confidence in utilizing crypto as an investment tool and transactional tool all of which will enhance the public faith in this technology.

[debra]

I totally agree with you on this, trading can actually be gambling to an extent depending on how you has the trader handle it. Trading with zero or average knowledge about the market is gambling because you are not familiar with structures and technicalities of the market you are just after whatever you can get which makes it a risky gamble, traders that wait for trading signals are under this category, they just pick any trade an expert gives to them without studying the direction of the Market. Lastly those that trade against the trend are the biggest gamblers

Trading can be like gambling if we use random strategies. But if use proper strategy in trading, it is totally different with gambling. Only people who trade with less of knowledge that will do trading similar with gambling. Meanwhile for those people who have good knowledge, they will have certain strategy that can lead to a higher chance of profits. Doing analysis, have a research, and be selective in choosing coins are the ways to increase the chance of profits. 

[satpol_PP]

I totally agree with you on this, trading can actually be gambling to an extent depending on how you has the trader handle it. Trading with zero or average knowledge about the market is gambling because you are not familiar with structures and technicalities of the market you are just after whatever you can get which makes it a risky gamble, traders that wait for trading signals are under this category, they just pick any trade an expert gives to them without studying the direction of the Market. Lastly those that trade against the trend are the biggest gamblers

Trading can be like gambling if we use random strategies. But if use proper strategy in trading, it is totally different with gambling. Only people who trade with less of knowledge that will do trading similar with gambling. Meanwhile for those people who have good knowledge, they will have certain strategy that can lead to a higher chance of profits. Doing analysis, have a research, and be selective in choosing coins are the ways to increase the chance of profits. 

In my opinion, trading is not gambling or similar to gambling because in trading we have to learn to make analysis, read charts and have plans and strategies. While in gambling, people only depend on luck. We can practice trading to gain experience and this requires a long process.

[Crypto Library]

In my opinion, trading is not gambling or similar to gambling because in trading we have to learn to make analysis, read charts and have plans and strategies. While in gambling, people only depend on luck. We can practice trading to gain experience and this requires a long process.

We can conclude with one word that gambling and trading are not the same thing and that is that gambling depends entirely on luck, on the other hand, the success and profit of trading depends on your analysis skill. The better the skill, the higher the profit in trading.
I think those people who think trading and gambling are the same who don't know anything about trading. It may also be that they have invested here unknowingly, some may have made a profit, on the other hand, some may have lost, so they consider it gambling.

[debra]

In my opinion, trading is not gambling or similar to gambling because in trading we have to learn to make analysis, read charts and have plans and strategies. While in gambling, people only depend on luck. We can practice trading to gain experience and this requires a long process.

Trading is surely different than gambling. Gambling mostly relies on the luck, trading will rely on the skills. But to have good skills, it won't be easy, someone needs to have knowledge and experience. Many people misunderstand about trading, they think trading is an easy job in crypto. So many of them just trade with no proper knowledge because they don't want to take a process of learning a long time. So, as the result, they fail with severe losses at the end.

[smartaction]

I totally agree with you on this, trading can actually be gambling to an extent depending on how you has the trader handle it. Trading with zero or average knowledge about the market is gambling because you are not familiar with structures and technicalities of the market you are just after whatever you can get which makes it a risky gamble, traders that wait for trading signals are under this category, they just pick any trade an expert gives to them without studying the direction of the Market. Lastly those that trade against the trend are the biggest gamblers

Trading can be like gambling if we use random strategies. But if use proper strategy in trading, it is totally different with gambling. Only people who trade with less of knowledge that will do trading similar with gambling. Meanwhile for those people who have good knowledge, they will have certain strategy that can lead to a higher chance of profits. Doing analysis, have a research, and be selective in choosing coins are the ways to increase the chance of profits. 

I see both trading and gambling in two ways. Gambling can make a lot of money in a very short period of time and it is also possible to lose all money in a short period of time and become destitute. But if we do trading, there is no big risk in it.  There is a chance of losing all the money but in trading the chance of losing all the money is very less. So I think trading is much better than gambling. Sometimes I myself like to gamble in my spare time. But there are some people who see gambling as a profession. I think they are.  Still living in the realm of fools because gambling never makes one big.

[philipma1957]

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.

Interesting idea. It is possible to never sell at a loss. If you never lose you would not be gambling.

It is very difficult to follow rules of never selling at at a loss.

If I buy $100 usd worth of btc and never sell it at a loss I would not be gambing.

I would be a very slow trader in some cases holding for a year may be needed.

It is not a buy and hold it is a buy and sell at say %100 profit.

Now you could sell in a day or two if the coin goes up fast.


So if your trading move it buy and sell at 2x the price you can’t lose.


so you are correct about trading. If you are willing to trade slowly you are not gambling.


But there is one more caveat you need to trade blue chip coins.

Btc
Ltc
Doge
For pos
and
Eth as much as I hate it
Solana

[SmartGold01]

I see both trading and gambling in two ways. Gambling can make a lot of money in a very short period of time and it is also possible to lose all money in a short period of time and become destitute. But if we do trading, there is no big risk in it.  There is a chance of losing all the money but in trading the chance of losing all the money is very less. So I think trading is much better than gambling. Sometimes I myself like to gamble in my spare time. But there are some people who see gambling as a profession. I think they are.  Still living in the realm of fools because gambling never makes one big.

What happened is that they both depends on the types of trading you are involving yourself, let say for instance, binary trading, (option trading), then comparing it to gambling they both looking the same. But if you comparing bitcoin trading (spot trading) it's not the same but with binary trading there is every possibility to lose all money instantly just as gambling, but while gambling there may be some cases were you would lose all money in a single bet and can't be recovered back so it's applicable to binary trading as well.

Trading on spots there is every tendency that you would lose only some certain amount provided that you have set your Stop-Lose (SL) and Take-Profit (TP), the chances of losing will be very slime unlike someone who is gambling. But most times I often see people comparing these two things without much differentiation on how they works, that is why when people keeps referring gambling as trading then i don't really pay attention to them.

[Sim_card]

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

Yes, trading and gambling are different. But it can be the same if we trade with no proper knowledge. In gambling, people expect more on the luck to succeed. Meanwhile in trading, people will try to have enough knowledge to increase the chance for success. We treat trading in a different way, we rely on our knowledge and experience to ear good profits. But in gambling, there is no way to increase the chance for success if we have no luck.

I totally agree with you on this, trading can actually be gambling to an extent depending on how you has the trader handle it. Trading with zero or average knowledge about the market is gambling because you are not familiar with structures and technicalities of the market you are just after whatever you can get which makes it a risky gamble, traders that wait for trading signals are under this category, they just pick any trade an expert gives to them without studying the direction of the Market. Lastly those that trade against the trend are the biggest gamblers

You have said it all mate, in addition to what you said, trading is a skill that you can be a professional in it. But gambling depends purely on luck for you to make profit. A lot of newbies come into the crypto space to make quick profit from trading and end up into big loss because they have little or no knowledge about trading, they are the ones that are gamblers.

[Gurujebs]

You have said it all mate, in addition to what you said, trading is a skill that you can be a professional in it. But gambling depends purely on luck for you to make profit. A lot of newbies come into the crypto space to make quick profit from trading and end up into big loss because they have little or no knowledge about trading, they are the ones that are gamblers.

I have read alot of replies and I think this thread is about been subjective to what you understand. Some people are dropping their own opinion based on what they do and see trading as gambling. If it works for them that way, then I will say it's their luck and they can continue to do that as long as they are making money but trading and gambling are two different ways of making money.

Trading and gambling need skills, you need skill to excel in the two, you also need luck but the luck in the gambling is low, no matter how you are good, to can not be lucky all the time but in trading, you can make your money most of them time if the market is good. People don't even make analysis and they make money in trading, you can't try such in gambling, you will lose money.

[Gposas]

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.

I 100% agree with you, trading is far different from gambling... though luck could be a part in trading but they are not the same.
Trading requires appropriate knowledge and techniques especially for those on leverage, as a trader one has to acquire proper knowledge on understanding market trends, and studying candlesticks otherwise for those trading spot.
I can obviously say some people take trading to be gambling all because they don't research for essential knowledge about trading which I've been a victim of for sometime until I made a tangible loss that motivated me to sort for proper knowledge.
And I can now openly say that a trader don't place orders like a gamble, hoping the price will rise or fall as the case may be.

[Dr.Bitcoin_Strange]

I 100% agree with you, trading is far different from gambling... though luck could be a part in trading but they are not the same.
Trading requires appropriate knowledge and techniques especially for those on leverage, as a trader one has to acquire proper knowledge on understanding market trends, and studying candlesticks otherwise for those trading spot.
I can obviously say some people take trading to be gambling all because they don't research for essential knowledge about trading which I've been a victim of for sometime until I made a tangible loss that motivated me to sort for proper knowledge.
And I can now openly say that a trader don't place orders like a gamble, hoping the price will rise or fall as the case may be.

While it’s true that gambling and trading are two different things, we can’t overlook the fact that they have more similarities than you can imagine, such as risk management, inability to accurately predict the future and the need for short term gain. This and many more are the things they share in common, and while it’s also true that the reason why many traders tend to use the gambling approach is simply because they fail conduct adequate research on the pair or asset they choose to trade on. But the again, you can also agree with me, that no matter the amount of trading knowledge a trader acquires, he’s still not immune to losses, rather it can only help me mitigate the losses involved, Hence making it almost the same as gambling, due to the unpredictability of the market, regardless of the skill involved.

[Dr.Bitcoin_Strange]

Interesting idea. It is possible to never sell at a loss. If you never lose you would not be gambling.

It is very difficult to follow rules of never selling at at a loss.

If I buy $100 usd worth of btc and never sell it at a loss I would not be gambing.

I would be a very slow trader in some cases holding for a year may be needed.

This approach may no longer be considered to be gambling since the long term approach is being employed. The only way to achieve not ever selling in loss is when the investor holds the asset for a long term, in this case I wouldn’t call such a person a trader anymore, because traders are mostly after the short term gains of the market, and in this case, there’s not a guarantee of always selling in profit since one can’t be able to accurately predict the market in the short term.

And note that, this long term approach isn’t always compatible with just any kind of asset, especially the altcoins, since most altcoins are not built on a solid foundation like Bitcoin and so do not offer the kind of assurance that Bitcoin offers. I still wouldn’t advice anyone to use such an approach with altcoins, regardless of the history.