Trading is not same thing as Gambling

[satpol_PP]

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.

Trading is not gambling if we have good knowledge and experience in making analysis and strategy. many people do trading and get profit consistently. because in trading we must be able to control emotions and of course make the right analysis and predictions. and all of that requires skills that we must hone, so it takes a long time to become a professional trader.

[Dr.Bitcoin_Strange]

Trading is not gambling if we have good knowledge and experience in making analysis and strategy. many people do trading and get profit consistently. because in trading we must be able to control emotions and of course make the right analysis and predictions. and all of that requires skills that we must hone, so it takes a long time to become a professional trader.

All you’ve said is true and while I agree with your statement, we also need to look at things from this angle, though it a true that there are traders who have studied the market and have developed their own personal strategy that enables them to navigate the market and make some profit from the market consistently, but that doesn’t in anyway make those strategies has the abilities to make the traders immune to losses, as they also in some occasional have their own share of the losses. And this unpredictable nature of the market makes it even more akin to gambling since gambling is also very much unpredictable.

[kai]

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,

It is very sad indeed because I see that gambling, betting and future seem easy to double money but on the one hand can immediately make the person poor. In my environment, gambling, future and betting are strictly prohibited because our environment defines that gambling, future and betting have more bad things than positive things. Personally, I go back to each of us as long as it does not harm others, for those who like gambling, please do so and those who don't like gambling are also welcome. DWYOR

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.

Yep, I keep away from the words gambling, betting and future because I have a principle to trade in cryptocurrency is only enough with Spot or become a top coin holder like Ethereum or Bitcoin. Spot cryptocurrency trading alone if our capital is above 1,000 dollars can also be profitable if seen from the calculation, we just have to be careful to read the market about Good and Bad news that gives the effect of price changes.

[Dr.Bitcoin_Strange]

It is very sad indeed because I see that gambling, betting and future seem easy to double money but on the one hand can immediately make the person poor. In my environment, gambling, future and betting are strictly prohibited because our environment defines that gambling, future and betting have more bad things than positive things. Personally, I go back to each of us as long as it does not harm others, for those who like gambling, please do so and those who don't like gambling are also welcome. DWYOR

Definitely, this is mostly about individual perspective, yes gambling can be harmful but in the long run, it still strictly depends on the individual's perspective and how the individual approaches gambling, this is what mostly determines what your approach and attitude towards it would be.
Yes there are definitely no approach or strategy in gambling that can completely eliminate the risks of losses and guarantee consistent wins but there's definitely an approach that can help mitigate the risk of losses and at least guarantee the gambler a healthy experience in gambling, it's just a matter of perspective.

[SmartGold01]

Trading is not gambling if we have good knowledge and experience in making analysis and strategy. many people do trading and get profit consistently. because in trading we must be able to control emotions and of course make the right analysis and predictions. and all of that requires skills that we must hone, so it takes a long time to become a professional trader.

Do you know that buying low and selling higher is also part of trading?
Yes, someone can buy bitcoin at 99k and sold 103k without even going much stress and doing much of their analysis because we all seems to see trading as something very that difficult. Though, trading is difficult depending on the kind of trading we are to go into because lot of people with what they want in trading and you may decides to go into future/derivative or option with this someone needs much of studying.

[Uruhara]

Trading is not gambling if we have good knowledge and experience in making analysis and strategy. many people do trading and get profit consistently. because in trading we must be able to control emotions and of course make the right analysis and predictions. and all of that requires skills that we must hone, so it takes a long time to become a professional trader.

Well trading is different from gambling because we as traders are directly involved in moving the market. This is different from gambling where we are not directly involved in the outcome of a game and we are just people who guess and hope that luck will come. In trading we are directly involved in the trade itself and have our own impact on the market. So it's true that trading is not gambling.

If we make an example then this is the example.

- (TRADER) We traders are like football players playing on the field.
 
- (Gamblers) if we are gamblers then we are just spectators who bet by analyzing the game and then guessing the score or result of the match and our analysis and betting are not involved in the game and have no impact on the outcome of the game.

I got this example from a forum where someone posted it. I forget who that person was. But I agree with this example. 

[rizqillah]

Trading is not gambling if we have good knowledge and experience in making analysis and strategy. many people do trading and get profit consistently. because in trading we must be able to control emotions and of course make the right analysis and predictions. and all of that requires skills that we must hone, so it takes a long time to become a professional trader.

Do you know that buying low and selling higher is also part of trading?
Yes, someone can buy bitcoin at 99k and sold 103k without even going much stress and doing much of their analysis because we all seems to see trading as something very that difficult. Though, trading is difficult depending on the kind of trading we are to go into because lot of people with what they want in trading and you may decides to go into future/derivative or option with this someone needs much of studying.

You are right buying when the price is low and selling when the price is high is also a form of trading that can be done. And many people also do not do analysis when they buy top coins.
because at this time following the trend is the right step to take, especially if we see the crypto market looks strong.
but for a trader they don't just buy and sell, there are those who play futures, margin and spot trading

[kai]

It is very sad indeed because I see that gambling, betting and future seem easy to double money but on the one hand can immediately make the person poor. In my environment, gambling, future and betting are strictly prohibited because our environment defines that gambling, future and betting have more bad things than positive things. Personally, I go back to each of us as long as it does not harm others, for those who like gambling, please do so and those who don't like gambling are also welcome. DWYOR

Definitely, this is mostly about individual perspective, yes gambling can be harmful but in the long run, it still strictly depends on the individual's perspective and how the individual approaches gambling, this is what mostly determines what your approach and attitude towards it would be.

It's true, sometimes there are individuals who gamble just for fun, for example their salary in their real job is 500 dollars in one month. The individual gambles with a capital of only 5 dollars and they say it's for fun. If they win, they must be happy because they say if they win with a capital of 5 dollars they can profit 100 dollars, I noticed they gamble on football. They also said that if the 5 dollars are lost, they don't want to gamble anymore because the measure in 1 month is only specifically enough up to 5 dollars.

Yes there are definitely no approach or strategy in gambling that can completely eliminate the risks of losses and guarantee consistent wins but there's definitely an approach that can help mitigate the risk of losses and at least guarantee the gambler a healthy experience in gambling, it's just a matter of perspective.

Yep, for myself, if I gamble I don't think I can control my emotions and gambling is not a game that I am required to play. It's better for me to avoid it from the start than later when I gamble I can't control my emotions.

[Dr.Bitcoin_Strange]

It's true, sometimes there are individuals who gamble just for fun, for example their salary in their real job is 500 dollars in one month. The individual gambles with a capital of only 5 dollars and they say it's for fun. If they win, they must be happy because they say if they win with a capital of 5 dollars they can profit 100 dollars, I noticed they gamble on football. They also said that if the 5 dollars are lost, they don't want to gamble anymore because the measure in 1 month is only specifically enough up to 5 dollars.

Yeah! 1% of one’s income or salary I believe is enough to allocate to gambling and if eventually that 1% is lost, there’ll always be an urge to take more from what’s left of your income and try again and maybe you might just get lucky. Setting gambling limits and budgets are not always the issue when it comes to allocation of the appropriate resources to gambling, we all know that the problem is sticking to those limits and budgets that you’ve been able to set for yourself, and not everyone knows how to control themselves when they come to this point. You might feel that 1 more percentage might really not hurt, but if you go ahead, one percent would lead to another percentage and before you know it, all your money is gone, it happens everyday and sometimes some gamblers don’t even know how they manage to get to that point.

[kai]

It's true, sometimes there are individuals who gamble just for fun, for example their salary in their real job is 500 dollars in one month. The individual gambles with a capital of only 5 dollars and they say it's for fun. If they win, they must be happy because they say if they win with a capital of 5 dollars they can profit 100 dollars, I noticed they gamble on football. They also said that if the 5 dollars are lost, they don't want to gamble anymore because the measure in 1 month is only specifically enough up to 5 dollars.

......
Setting gambling limits and budgets are not always the issue when it comes to allocation of the appropriate resources to gambling, we all know that the problem is sticking to those limits and budgets that you’ve been able to set for yourself, and not everyone knows how to control themselves when they come to this point.

Well, that's what I'm afraid of, even if my friend is smart at managing all his assets in gambling, he definitely won't know when to stop gambling or control his emotions in gambling, which could ultimately have a detrimental effect on himself.

You might feel that 1 more percentage might really not hurt, but if you go ahead, one percent would lead to another percentage and before you know it, all your money is gone, it happens everyday and sometimes some gamblers don’t even know how they manage to get to that point.

1% done in a few days can also go up and up to 10%, then it can also run out of our salary. This is what I'm afraid of in gambling, it's like an octopus or a virus in the body, it can spread anywhere at any time and it is very dangerous for our own finances.

[LUCKMCFLY]

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.

It's true and I understand your situation, but if you keep reading and practicing, the best thing is to practice in a demo account, so that you learn everything well, in a demo we can make mistakes, but in a real account a mistake is costly, I do it and the truth is that little by little it has been learned, sometimes work consumes us a lot and there are things that while we have activity we can do, trading is knowledge, experience, learning all the time, some of us don't Have much time When we are Employees , but since it is about money , it's worth it to keep learning.

[milewilda]

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.

Trading is not gambling if we have good knowledge and experience in making analysis and strategy. many people do trading and get profit consistently. because in trading we must be able to control emotions and of course make the right analysis and predictions. and all of that requires skills that we must hone, so it takes a long time to become a professional trader.

Trading will really be that only  considered gambling at the time that you will really  be not applying any analysis into the trades that you are making. On the time or moment that you will be serious on making up some analysis towards your trading position. Putting up some considerations on making up some trading position basing up on the knowledge you do have. If you do have that skills then trading skill is something that could make a living specially if you are profitable and someone whose really that sustainable. You are the ones who will really be on how to deal up with it.

[bayu7adi]

You might feel that 1 more percentage might really not hurt, but if you go ahead, one percent would lead to another percentage and before you know it, all your money is gone, it happens everyday and sometimes some gamblers don’t even know how they manage to get to that point.

1% done in a few days can also go up and up to 10%, then it can also run out of our salary. This is what I'm afraid of in gambling, it's like an octopus or a virus in the body, it can spread anywhere at any time and it is very dangerous for our own finances.

It is obvious that gambling is too much money if it cuts up to 10% of our monthly salary budget... I can see the similarities between trading and gambling when I realize how new people treat memecoins on the exchange... they buy with 1% of the budget for 1 meme coin, and hope to earn up to x20 in a short time... this hope is like a kind of gambling too, right? Because it is too speculative and does not think about strategies using data...

Traders who are not the same as gambling are traders who have good strategies and management... some gambling does use analysis, such as football gambling or other sports... but the speculation ratio is stronger for gambling, while we can still use a backup plan if we decide to trade.

[nakmantu99]

You might feel that 1 more percentage might really not hurt, but if you go ahead, one percent would lead to another percentage and before you know it, all your money is gone, it happens everyday and sometimes some gamblers don’t even know how they manage to get to that point.

1% done in a few days can also go up and up to 10%, then it can also run out of our salary. This is what I'm afraid of in gambling, it's like an octopus or a virus in the body, it can spread anywhere at any time and it is very dangerous for our own finances.

It is obvious that gambling is too much money if it cuts up to 10% of our monthly salary budget... I can see the similarities between trading and gambling when I realize how new people treat memecoins on the exchange... they buy with 1% of the budget for 1 meme coin, and hope to earn up to x20 in a short time... this hope is like a kind of gambling too, right? Because it is too speculative and does not think about strategies using data...

Traders who are not the same as gambling are traders who have good strategies and management... some gambling does use analysis, such as football gambling or other sports... but the speculation ratio is stronger for gambling, while we can still use a backup plan if we decide to trade.

I am just a trader who has never been active in gambling. I can say that trading requires proper analysis and strategy so that we can get maximum results.
Gambling also uses analysis if you are active in football gambling. But in my opinion the risk of gambling is too high, we should avoid it.
Trading with coin memes, if you don't have good analysis and experience, of course it's like gambling.

[JusticeDeGreat]

@Dr.Bitcoin_Strange Your point are just right. Most people do believe that trading is gambling the only scenario trading like gambling is when you don't know what you doing (trading without any proper knowledge). Most newbie thought that trading is all about buying low and selling when the price high they won't bother doing any good research all their aim is looking for coins with high volatility inorder to make quick profits which is wrong and also risky trading not something you just five in without analysing or researching. All you should be concerned on in trading is how to reduce your losses. While gambling depends mainly on pure lucks

Trading requires good knowledge so that one can follow the proper analysis and make good results from his trading.  Gambling requires good predictions to win, but in trading you're guided by your knowledge and experience you have in hitting the market.