Trading is not same thing as Gambling

[$crypto$]

It should be like that, we must be able to restrain ourselves from having a bad mentality which is the main problem in life in this era. We see many people who are actually very capable, but they are constrained by their mentality.

This is influenced by many factors, it can be from the environment, family and so on. We must be able to identify something that makes us have a bad mentality and we can immediately stay away from it.

As I said before in our life we ​​must have a good and healthy mentality. because a bad mentality makes us pessimistic about being successful.
and I agree with you family, friends and the environment around us will help build our mentality.
so our mentality must be built well.

Yes, that can be a good approach, and family or people closest to us should also help us in building a good and healthy mentality.

I think not everyone can build their mentality without the help of others, especially family. There are indeed people like that, but there are not many and most of them must get support from people closest to them, especially family.

[Blaze]

It should be like that, we must be able to restrain ourselves from having a bad mentality which is the main problem in life in this era. We see many people who are actually very capable, but they are constrained by their mentality.

This is influenced by many factors, it can be from the environment, family and so on. We must be able to identify something that makes us have a bad mentality and we can immediately stay away from it.

As I said before in our life we ​​must have a good and healthy mentality. because a bad mentality makes us pessimistic about being successful.
and I agree with you family, friends and the environment around us will help build our mentality.
so our mentality must be built well.

Yes, that can be a good approach, and family or people closest to us should also help us in building a good and healthy mentality.

I think not everyone can build their mentality without the help of others, especially family. There are indeed people like that, but there are not many and most of them must get support from people closest to them, especially family.

That is the fact that encouragement from the people around us has a significant role to assist in construction of a healthy personality. People cannot always cope with different moments in their lives and family presence is the ground which allows to go through difficulties. For some people they may become able for some period to build their reserves through their own will power, to draw on those reserves, but never the less, these auxiliary forces such as friends, family members and other close acquaintances cannot be slighted. In this respect, confidence and determination when it comes to dealing with various challenges in life will also increase if one gets support from his/her family. That is why a positive environment could be the factor important in creating the stable and healthy mentality.

[Bobcrypto]

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

       -      This is true, it's up to the trader to decide how to recognize trading as the same as gambling. The majority also knows that at some point, gambling is really the same as trading. And I'm one of those who believe that it's true.

If we have the right mentality or use it, we will definitely get good earnings in the end, so if we can't do it, we're just like others who see trading as the same as gambling.

All the time Trading remains different activity from gambling except for those who are inexperienced traders, they may see both as same but definitely they are not at all. Trading is a professional carrier for many of us, while gambling is just an addicted habit of some people too.
As a matter of facts, trading shouldn't be compared to gambling because they are different business on different systems in my opinion. As an economicst, i have not seen the basis of comparing both activities in any way, though some are doing that, but i trade crypto assets based on my experiences and not buy luck. Gambling is 100% based on luck, while trading is 100% based on knowledge and experiences of the market overtimes.

[$crypto$]

Yes, that can be a good approach, and family or people closest to us should also help us in building a good and healthy mentality.

I think not everyone can build their mentality without the help of others, especially family. There are indeed people like that, but there are not many and most of them must get support from people closest to them, especially family.

That is the fact that encouragement from the people around us has a significant role to assist in construction of a healthy personality. People cannot always cope with different moments in their lives and family presence is the ground which allows to go through difficulties. For some people they may become able for some period to build their reserves through their own will power, to draw on those reserves, but never the less, these auxiliary forces such as friends, family members and other close acquaintances cannot be slighted. In this respect, confidence and determination when it comes to dealing with various challenges in life will also increase if one gets support from his/her family. That is why a positive environment could be the factor important in creating the stable and healthy mentality.

There are also many cases where someone becomes "damaged" not because of his desire but because of environmental factors that influence him, be it family and closest friends. But it doesn't stop there, the person also needs to build himself. because there are also people who actually get a lot of support, but they don't use it well. So this must be balanced between yourself and the environment.

[bayu7adi]

As a matter of facts, trading shouldn't be compared to gambling because they are different business on different systems in my opinion. As an economicst, i have not seen the basis of comparing both activities in any way, though some are doing that, but i trade crypto assets based on my experiences and not buy luck. Gambling is 100% based on luck, while trading is 100% based on knowledge and experiences of the market overtimes.

Does that mean, in trading you don't need that luck??? It's very strange and it can't be accepted logically... because both trading and gambling, the luck factor is always a part of every decision... many people claim that they are good at trading, but when bad luck befalls them, they will feel small... yes just because luck is not on their side, they lose everything...

[Gurujebs]

Does that mean, in trading you don't need that luck??? It's very strange and it can't be accepted logically... because both trading and gambling, the luck factor is always a part of every decision... many people claim that they are good at trading, but when bad luck befalls them, they will feel small... yes just because luck is not on their side, they lose everything...

When you are trying to make money form something that is uncertainty, there is high chance of you been lucky in making something or losing money from it. There are times you don't do much in trading and you make money that is even significant than the day you don't do much and similarly, it goes for gambling, the day you least expect might be your day.

Though I wouldn't advice anyone with long term trading experience be aiming for luck. If you do your home work very well, set up your trade properly, you will make good amount of money and when luck decide to shine on you, there is high tendency of you making 3 times of that amount.

[alltalk]

Does that mean, in trading you don't need that luck??? It's very strange and it can't be accepted logically... because both trading and gambling, the luck factor is always a part of every decision... many people claim that they are good at trading, but when bad luck befalls them, they will feel small... yes just because luck is not on their side, they lose everything...

Even if luck factor can be a part of trading, the role isn't the same as in gambling. When it is in gambling, the luck factor is everything. Meanwhile in trading, the luck factor isn't a major factor if we have proper knowledge and experience. It means we doesn't rely on the luck factor in trading. Sure, sometimes the luck factor brings quite significant impact, especially when the market condition is hard to predict. However, we must already do analysis and research before we decide anything in trading. It is much different in gambling where we even don't care with any analysis because at the end of the day everything will be determined by the luck factor. 

[dekafee79]

Does that mean, in trading you don't need that luck??? It's very strange and it can't be accepted logically... because both trading and gambling, the luck factor is always a part of every decision... many people claim that they are good at trading, but when bad luck befalls them, they will feel small... yes just because luck is not on their side, they lose everything...

When you are trying to make money form something that is uncertainty, there is high chance of you been lucky in making something or losing money from it. There are times you don't do much in trading and you make money that is even significant than the day you don't do much and similarly, it goes for gambling, the day you least expect might be your day.

Though I wouldn't advice anyone with long term trading experience be aiming for luck. If you do your home work very well, set up your trade properly, you will make good amount of money and when luck decide to shine on you, there is high tendency of you making 3 times of that amount.

Luck exists, but it will not always be on our side. We cannot always rely on luck in trading. That is why knowledge in trading is needed.
We can choose to be a trader or a holder depending on our ability and comfort in investing.
If we only rely on luck without knowledge in trading, it is the same as gambling.

[milewilda]

Does that mean, in trading you don't need that luck??? It's very strange and it can't be accepted logically... because both trading and gambling, the luck factor is always a part of every decision... many people claim that they are good at trading, but when bad luck befalls them, they will feel small... yes just because luck is not on their side, they lose everything...

When you are trying to make money form something that is uncertainty, there is high chance of you been lucky in making something or losing money from it. There are times you don't do much in trading and you make money that is even significant than the day you don't do much and similarly, it goes for gambling, the day you least expect might be your day.

Though I wouldn't advice anyone with long term trading experience be aiming for luck. If you do your home work very well, set up your trade properly, you will make good amount of money and when luck decide to shine on you, there is high tendency of you making 3 times of that amount.

Luck exists, but it will not always be on our side. We cannot always rely on luck in trading. That is why knowledge in trading is needed.
We can choose to be a trader or a holder depending on our ability and comfort in investing.
If we only rely on luck without knowledge in trading, it is the same as gambling.

You can mainly point out that kind of difference in between things on which this is something that you would really be that needing up to experience for yourself.
Even just that simply make use of your own common sense on which it would really be that able to tell you on what are the main differences of these things. You will really be able to determine that trading is never been that an entertainment thing that you would be able to connect it with gambling. You are the ones will really be able to deal on with it accordingly basing up on the level of risks and on basing on what are your intents towards it. There would really be no issues if you are really that treating it on the right way.

[DragonF]

As I said before in our life we ​​must have a good and healthy mentality. because a bad mentality makes us pessimistic about being successful.
and I agree with you family, friends and the environment around us will help build our mentality.
so our mentality must be built well.

To a reasonable extent, mentality is essential for success. A positive mindset will always produce positive results. I do not believe that family, friends, or environment can help shape a person's mentality. Mentality development must always begin from within. Every individual understands what he wants and what he believes he is capable of achieving, and this can help him develop his mentality.

When we look at successful people's stories, we can see that most of them were discouraged by friends and family, and their environment was also discouraging, but their intrinsic motivation drove them to push forward and become successful. 

[Salahmu]

Luck exists, but it will not always be on our side. We cannot always rely on luck in trading. That is why knowledge in trading is needed.
We can choose to be a trader or a holder depending on our ability and comfort in investing.
If we only rely on luck without knowledge in trading, it is the same as gambling.

Yeah there could be luck sometimes in trading because someone who doesn't no about it can just buy and immediately the price has gone up and they made some gains but that's not enough for someone to do it, I'm actually not into trading but I have a lot of basic knowledge about it and I cannot wish to use my money try if my luck will make me get some dollars.

But as for gambling is totally different thing, even the amount somebody would use to gamble will be very low than in trading. So for trading is better for someone going for investment instead of trading that they are depending on luck to make profit.

[Fivestar4everMVP]

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

You are right, I completely agree with you, every thing you have said about trading In the parts of your comment that I chopped out due to length are all correct, trading can never be the same as gambling because just as you have said, in trading, traders have several types of tools available for them to use in predicting the market better, so this I would say is more on the professional side of things, than simply being seeing as a game of luck like it is with gambling.

But then again, I do not think it's a choice to treat trading as gambling, trading can in itself be the same as gambling when the trader lack the knowledge required to guarantee some good level of profit from trading.
Trading without knowledge of how to be profitable is equal to gambling, it's a fact that not a choice people have to make.

[Mr. Magkaisa]

Luck exists, but it will not always be on our side. We cannot always rely on luck in trading. That is why knowledge in trading is needed.
We can choose to be a trader or a holder depending on our ability and comfort in investing.
If we only rely on luck without knowledge in trading, it is the same as gambling.

Yeah there could be luck sometimes in trading because someone who doesn't no about it can just buy and immediately the price has gone up and they made some gains but that's not enough for someone to do it, I'm actually not into trading but I have a lot of basic knowledge about it and I cannot wish to use my money try if my luck will make me get some dollars.

But as for gambling is totally different thing, even the amount somebody would use to gamble will be very low than in trading. So for trading is better for someone going for investment instead of trading that they are depending on luck to make profit.

           -     You think so? I don't think there is any luck in carrying out our trading activity here in cryptocurrency. Because I look at trading as a personal job, so if it becomes your passive income at the right time, that's great.

So I admit that studying trading is not easy, it's like being a student who is really studying, the only difference is that everything you learn from studying trading is that you can immediately apply it to actual trade if what you are studying is effective, so we will see in the long run the right and wrong that we will do.

[Hisbullah]

           -     You think so? I don't think there is any luck in carrying out our trading activity here in cryptocurrency. Because I look at trading as a personal job, so if it becomes your passive income at the right time, that's great.

So I admit that studying trading is not easy, it's like being a student who is really studying, the only difference is that everything you learn from studying trading is that you can immediately apply it to actual trade if what you are studying is effective, so we will see in the long run the right and wrong that we will do.

I agree with what you said, learning trading is not easy and it takes a long time to see the results of our learning. because we must always learn and practice to gain experience. By learning we can immediately practice it, I like your analogy.. because what happens is supposed to be like that

[Gurujebs]

Luck exists, but it will not always be on our side. We cannot always rely on luck in trading. That is why knowledge in trading is needed.
We can choose to be a trader or a holder depending on our ability and comfort in investing.
If we only rely on luck without knowledge in trading, it is the same as gambling.

Luck exist for both trading and gambling but one doesn't have to rely on the two because most of the time, it's your good skill that brings you luck. For example, if you are good at trading, you can pick a good trade that can give you good profits and if the coin do well, you will over get what you never expected in the first place.

Similarly, as a prediction person with good skill, you can assume something to happen in any event, when it later happen it will exceed what you have initially as expectations, this is how luck happen between gambling and luck, you need to be very good at both for luck to even come your way.