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Author Topic: Trading is not same thing as Gambling  (Read 34691 times)

Offline kai

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Re: Trading is not same thing as Gambling
« Reply #285 on: December 10, 2024, 08:20:06 AM »
......
Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
Dr.Bitcoin_Strange hello bro, warm greetings from us in Indonesia. I have a little unique perception about gambling and trading.

-Gambling is if we choose a coin at a certain price and the guess is wrong then our funds are immediately lost/run out/taken by the dealer.
-Trading is if we choose a coin at a certain price and the guess is wrong then our funds are not immediately lost but only the portfolio is minus, then the coin rises again from the purchase limit then our portfolio rises and profits.

2 words that have almost similar characters and are related to each other but have very different meanings. I have a different perception for trading and gambling, they have different meanings. ;)
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Re: Trading is not same thing as Gambling
« Reply #285 on: December 10, 2024, 08:20:06 AM »

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Re: Trading is not same thing as Gambling
« Reply #286 on: December 10, 2024, 05:01:48 PM »
......
Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
Dr.Bitcoin_Strange hello bro, warm greetings from us in Indonesia. I have a little unique perception about gambling and trading.

-Gambling is if we choose a coin at a certain price and the guess is wrong then our funds are immediately lost/run out/taken by the dealer.
-Trading is if we choose a coin at a certain price and the guess is wrong then our funds are not immediately lost but only the portfolio is minus, then the coin rises again from the purchase limit then our portfolio rises and profits.

2 words that have almost similar characters and are related to each other but have very different meanings. I have a different perception for trading and gambling, they have different meanings. ;)
Trading and gambling have many things in common but with only one difference which is skill. In trading, y0u can learn pratice and become a professional but in gambling you can only learn and cannot become a professional because gambling is purely based on luck.

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Re: Trading is not same thing as Gambling
« Reply #286 on: December 10, 2024, 05:01:48 PM »

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Re: Trading is not same thing as Gambling
« Reply #287 on: December 10, 2024, 07:13:46 PM »
If he seems not comfortable with future trading, it is better to focus on spot trading. It is not a must to trade in future, it is not the only way to gain money in future. There are many people who only focus on spot trading because it is safer for them. I am also focusing on spot trading only because I don't want to take the big risk in future. Using demo won't help much because it is not very similar with the real future trading. If you use demo, you will never lose your money.  :D

Yes, I am clear about that, but futures trading is very broad and good, I like that type of trading but I need to learn a lot, I know that in medium and long term trading, there is more option to react, on the other hand futures are another level, it is something that you will obtain the result at once, that is why it intrigues me and the truth is I want to master it, I have been studying many fundamentals, especially technical analysis which is what I see that is most fulfilled, the different patterns, the indicators, everything can give a good function if we apply it properly, but this takes time to learn.
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Re: Trading is not same thing as Gambling
« Reply #288 on: December 10, 2024, 09:24:56 PM »
If he seems not comfortable with future trading, it is better to focus on spot trading. It is not a must to trade in future, it is not the only way to gain money in future. There are many people who only focus on spot trading because it is safer for them. I am also focusing on spot trading only because I don't want to take the big risk in future. Using demo won't help much because it is not very similar with the real future trading. If you use demo, you will never lose your money.  :D

Yes, I am clear about that, but futures trading is very broad and good, I like that type of trading but I need to learn a lot, I know that in medium and long term trading, there is more option to react, on the other hand futures are another level, it is something that you will obtain the result at once, that is why it intrigues me and the truth is I want to master it, I have been studying many fundamentals, especially technical analysis which is what I see that is most fulfilled, the different patterns, the indicators, everything can give a good function if we apply it properly, but this takes time to learn.
I am also interested in futures trading and want to master it but we know that learning to trade takes time and focus while I have a busy real world that I have to do, because I am an employee. so I can't focus on learning futures trading. there are many interesting things in futures trading and we have to learn if we want to get maximum results in trading.

Offline kai

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Re: Trading is not same thing as Gambling
« Reply #289 on: December 11, 2024, 02:53:52 AM »
......
Conclusion: Trading is not the same thing as gambling, but if you want to handle trading as gambling, it's just your choice.
Dr.Bitcoin_Strange hello bro, warm greetings from us in Indonesia. I have a little unique perception about gambling and trading.

-Gambling is if we choose a coin at a certain price and the guess is wrong then our funds are immediately lost/run out/taken by the dealer.
-Trading is if we choose a coin at a certain price and the guess is wrong then our funds are not immediately lost but only the portfolio is minus, then the coin rises again from the purchase limit then our portfolio rises and profits.

2 words that have almost similar characters and are related to each other but have very different meanings. I have a different perception for trading and gambling, they have different meanings. ;)
Trading and gambling have many things in common but with only one difference which is skill.
In trading, y0u can learn pratice and become a professional
Thanks for this information, I didn't think about that and it turns out that it is true that this trader can become a professional trader and have many followers or subscribers on various social media like as Telegram.

but in gambling you can only learn and cannot become a professional because gambling is purely based on luck.
I totally agree, this gambling is full of engineering from the bookies and definitely requires luck. Sometimes I notice that all the gamblers are not successful in saving money, instead of using it for good, they spend their money on splurging. I don't blame the gamblers but that is their fashion in their lifestyle and they also sometimes get a Jackpot with an extraordinary big prize.
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Offline Dr.Bitcoin_Strange

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Re: Trading is not same thing as Gambling
« Reply #290 on: December 11, 2024, 05:05:24 AM »
Dr.Bitcoin_Strange hello bro, warm greetings from us in Indonesia. I have a little unique perception about gambling and trading.

-Gambling is if we choose a coin at a certain price and the guess is wrong then our funds are immediately lost/run out/taken by the dealer.
-Trading is if we choose a coin at a certain price and the guess is wrong then our funds are not immediately lost but only the portfolio is minus, then the coin rises again from the purchase limit then our portfolio rises and profits.

2 words that have almost similar characters and are related to each other but have very different meanings. I have a different perception for trading and gambling, they have different meanings. ;)
Greetings to you too mate…
You’ve got quite a nuanced perspective on both concepts, but then again, it also depends on the type of trade you decide to enter, if you’re trading on spot, the experience is totally different from when you’re trading futures, so whether or not your whole funds disappears due to a wrong guess or not is totally dependent on the kind of trade you decide to enter.

And yeah, you’re right, they’re indeed two words that has more similarities than you can actually think of, when you look at it from the aspect of making a guess pick, then we can say that they almost look the same, but the difference between trading and gambling is that, trading has strategies and you can develop and get better using a strategy that suits your financial goals and of course your risk tolerance as you continue to trade, you can gain experience overtime and these experiences are what may really determine your success in trading in the long run, but gambling is totally different because regardless of the experience and skill you’ve developed, your success is still fully dependent on luck.

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Re: Trading is not same thing as Gambling
« Reply #291 on: December 12, 2024, 01:49:17 AM »
Dr.Bitcoin_Strange hello bro, warm greetings from us in Indonesia. I have a little unique perception about gambling and trading.

-Gambling is if we choose a coin at a certain price and the guess is wrong then our funds are immediately lost/run out/taken by the dealer.
-Trading is if we choose a coin at a certain price and the guess is wrong then our funds are not immediately lost but only the portfolio is minus, then the coin rises again from the purchase limit then our portfolio rises and profits.

2 words that have almost similar characters and are related to each other but have very different meanings. I have a different perception for trading and gambling, they have different meanings. ;)
Greetings to you too mate…
How weather now in Philiphine?
Do you like football? If yes, for this week is AFF Tiger in Cambodia.
https://vietnamnews.vn/sports/1688591/a-new-era-for-asean-football-begins.html
You’ve got quite a nuanced perspective on both concepts, but then again, it also depends on the type of trade you decide to enter, if you’re trading on spot, the experience is totally different from when you’re trading futures, so whether or not your whole funds disappears due to a wrong guess or not is totally dependent on the kind of trade you decide to enter.
Yeps, my community advice to me to stay away from trading Futures, because Future has basic like as Betting or Gambling. Although Future has differences with Betting and Gambling but in my personal opinion the basic is the same, if we guess the wrong number in Long and Short sales then our funds can be lost or loss.

And yeah, you’re right, they’re indeed two words that has more similarities than you can actually think of, when you look at it from the aspect of making a guess pick, then we can say that they almost look the same, but the difference between trading and gambling is that, trading has strategies and you can develop and get better using a strategy that suits your financial goals and of course your risk tolerance as you continue to trade, you can gain experience overtime and these experiences are what may really determine your success in trading in the long run,
I also have a small community and was invited by my friend to get to know cryptocurrency,
First, make money on the internet
Second, learn about cryptocurrency
Third, learn about how Bitcoin works
Fourth, learn about Ethereum
Fifth, learn about forums like Altcoinstalks

And the sixth, I was taught not to learn Betting, Gambling or Futures by my community because when the word is very dangerous for our assets and our mental health.

but gambling is totally different because regardless of the experience and skill you’ve developed, your success is still fully dependent on luck.
Luck is very much on everyone's side if they want to bet and gamble, I personally prefer to avoid things like this because I want to have a safe, comfortable and peaceful life.
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Re: Trading is not same thing as Gambling
« Reply #291 on: December 12, 2024, 01:49:17 AM »


Offline Dr.Bitcoin_Strange

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Re: Trading is not same thing as Gambling
« Reply #292 on: December 12, 2024, 05:32:37 PM »

And the sixth, I was taught not to learn Betting, Gambling or Futures by my community because when the word is very dangerous for our assets and our mental health.
Your community definitely wants the best for you, because gambling and Futures trading isn’t a game for the feeble heart. Those who find it pretty hard to manage their emotions can end up falling into the trap of gambling addiction and taking risks without adequately calculating those risks. So it’s best to stay away completely from it. Sometimes even people who can manage their emotions could still end up falling into that trap, resulting in unexpected financial losses.

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Re: Trading is not same thing as Gambling
« Reply #293 on: December 12, 2024, 07:07:58 PM »
Some people still believe that since trading cryptocurrencies involves taking a risk, it is no different from gambling. To them, taking a risk is the same as gambling in general. It might be taken into consideration now, at least in some way.

But not in the same way that you play games where you only depend on chance. trade is not relevant here, as it necessitates understanding trade and strategy tools that will be utilized to generate future profits.
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Re: Trading is not same thing as Gambling
« Reply #294 on: December 12, 2024, 09:03:15 PM »

And the sixth, I was taught not to learn Betting, Gambling or Futures by my community because when the word is very dangerous for our assets and our mental health.
Your community definitely wants the best for you, because gambling and Futures trading isn’t a game for the feeble heart. Those who find it pretty hard to manage their emotions can end up falling into the trap of gambling addiction and taking risks without adequately calculating those risks. So it’s best to stay away completely from it. Sometimes even people who can manage their emotions could still end up falling into that trap, resulting in unexpected financial losses.
Trading is a type of business but betting is a game so these two can never be called the same.  But when one does leveraged trading it becomes very risky and sometimes it depends on luck which is why leveraged trading is often compared to gambling.  In trading you need to analyze a project's road map and development to predict how well that project will do in the future and invest in it.  But in gambling you can never predict with confidence that you will win that round of the game.  If you lose in gambling, you will lose your entire bet amount, but in case of trading, you will not lose the entire fund, even if your capital decreases slightly.  Therefore, trading and gambling can never be called one and the same
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Re: Trading is not same thing as Gambling
« Reply #295 on: December 12, 2024, 10:55:20 PM »
Trading is a type of business but betting is a game so these two can never be called the same.  But when one does leveraged trading it becomes very risky and sometimes it depends on luck which is why leveraged trading is often compared to gambling.  In trading you need to analyze a project's road map and development to predict how well that project will do in the future and invest in it.  But in gambling you can never predict with confidence that you will win that round of the game.  If you lose in gambling, you will lose your entire bet amount, but in case of trading, you will not lose the entire fund, even if your capital decreases slightly.  Therefore, trading and gambling can never be called one and the same
You seem to have forgotten the fact that the success or future of a project isn’t always dependent on what’s in the roadmap or what the devs of that project actually say, because every project, pump and dump or real projects would inscribe in their roadmap what they feel would attract investors to invest in their project, but as we already know, it doesn’t always happen that way. So even trading can also be as unpredictable as gambling.

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Re: Trading is not same thing as Gambling
« Reply #296 on: December 12, 2024, 10:57:53 PM »

And the sixth, I was taught not to learn Betting, Gambling or Futures by my community because when the word is very dangerous for our assets and our mental health.
Your community definitely wants the best for you, because gambling and Futures trading isn’t a game for the feeble heart. Those who find it pretty hard to manage their emotions can end up falling into the trap of gambling addiction and taking risks without adequately calculating those risks. So it’s best to stay away completely from it. Sometimes even people who can manage their emotions could still end up falling into that trap, resulting in unexpected financial losses.
Trading is a type of business but betting is a game so these two can never be called the same.  But when one does leveraged trading it becomes very risky and sometimes it depends on luck which is why leveraged trading is often compared to gambling.  In trading you need to analyze a project's road map and development to predict how well that project will do in the future and invest in it.  But in gambling you can never predict with confidence that you will win that round of the game.  If you lose in gambling, you will lose your entire bet amount, but in case of trading, you will not lose the entire fund, even if your capital decreases slightly.  Therefore, trading and gambling can never be called one and the same
There has been a lot of discussion about the comparison of trading and gambling because trading is not the same as gambling, I agree with you. Trading is a business where we have to do research and make analysis, after that we make the right strategy and plan so that our predictions are right and always monitor the market. While in gambling it doesn't need that and only relies on habits and luck, I agree with this because that is a fact that I have observed so far.

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Re: Trading is not same thing as Gambling
« Reply #297 on: December 13, 2024, 03:27:04 AM »

And the sixth, I was taught not to learn Betting, Gambling or Futures by my community because when the word is very dangerous for our assets and our mental health.
Your community definitely wants the best for you, because gambling and Futures trading isn’t a game for the feeble heart.
Basically, our community is also looking for safety because they don't want anyone to lose from cryptocurrency, yes, sometimes they lose time, mind and energy to work on airdrops, testnets, etc. but the main point is still to look for safety. Future Trading, Betting and Gambling are definitely on our radar to be prevented and are not included in the category of tasks that must be carried out in cryptocurrency because Future Trading, Betting and Gambling are very risky and dangerous.

Those who find it pretty hard to manage their emotions can end up falling into the trap of gambling addiction and taking risks without adequately calculating those risks. So it’s best to stay away completely from it. Sometimes even people who can manage their emotions could still end up falling into that trap, resulting in unexpected financial losses.
Among them is like what you said, that there is a friend of ours in the community who told us because his cryptocurrency asset future ran out and he had no capital, he said he also had a lot of Bitcoin but was tempted by Future trading so he lost a lot and his assets were gone. I think this is ridiculous and unable to control emotions.
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Offline Flavour

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Re: Trading is not same thing as Gambling
« Reply #298 on: December 13, 2024, 09:25:51 AM »
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 am 100 percent in support of all what you said, some people just have delusional mindset that it is gambling. I think I need to show this to my friends that think this way.

Offline Dr.Bitcoin_Strange

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Re: Trading is not same thing as Gambling
« Reply #299 on: December 13, 2024, 05:41:58 PM »
Among them is like what you said, that there is a friend of ours in the community who told us because his cryptocurrency asset future ran out and he had no capital, he said he also had a lot of Bitcoin but was tempted by Future trading so he lost a lot and his assets were gone. I think this is ridiculous and unable to control emotions.
This is why I try as much as possible to dissuade myself from trading or gambling because I definitely don’t wanna get to the point where I’ll end up losing all my assets because I was unable to control my emotions. Not like I’m an addict or incapable of controlling my emotions, but I’ve come to understand that some of the people who ended up in this situation are people who could’ve sworn they have complete control over their emotions but something happened at some point and they end up losing, even if not everything but a notable chunk of their asset to trading or gambling, it can happen  to anyone, so the best thing to do is try as much as you can to stay away from it, whether or not you’re sure of your ability to control yourself or not.

 

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