Trading is not same thing as Gambling

[Basedjack]

Especially gambling and trading are different things. Gambling depends on luck. And trading depends on you, your skills and hard work. Being a trader is more interesting than being a gambler. Because why would you rely on your luck? From this you will develop yourself as an experienced trader. If you can use your hard work and skills effectively, you will be able to accumulate profits in your account. So I think an experienced trader is much more valuable than a gambler.

[Mr. Magkaisa]

There are other traders who are serious about making a profit from trading but do not study trading seriously, which is more important, because if we study it properly or correctly, the profit we are looking forward to will follow.

Because if they only have profit in mind, they will not last long in crypto trading, in fact, that has been proven to me because I have many acquaintances who said they were interested in studying trading but did not really study it seriously.

It is wrong to go into trading without efforts to study the rudiments of trading. There is nothing wrong with wanting to profit from trading but the profit will never come when the right things are not done. The right thing here is to understand the market, including price action, risk management, and market movements.

The market knows no friend, so a trader must be fully informed before engaging in trading. This is analogous to a student who wants to make First Class. It is a commendable ambition, but such a student must study. This is the same in trading. To make a profit, a trader must study and understand trading.

        -      That's right mate, time and effort are a huge part of someone who really wants to learn trading whether cryptocurrency, Forex, or stock market. No matter what aspect of the thing we want to learn, Time and Effort are really part of it.

After all, even in our studies from Elementary, High School, up to College, Time and Effort are also necessary. This means that it really contributes a lot to us, and this is what is often missing from people who say they are interested but don't have it.

[Rubel007]

Especially gambling and trading are different things. Gambling depends on luck. And trading depends on you, your skills and hard work. Being a trader is more interesting than being a gambler. Because why would you rely on your luck? From this you will develop yourself as an experienced trader. If you can use your hard work and skills effectively, you will be able to accumulate profits in your account. So I think an experienced trader is much more valuable than a gambler.

A person gets entertainment through gambling, but the purpose of trading is financial gain. And in gambling, one can also make money by placing bets if the luck favors him. So normally a gambler will never get the experience of trading, on the other hand, a trader will not get the joy of gambling. If some people think that trading in some shitcoins in crypto trading is almost the same as placing bets in gambling. But I think there is a difference too. Maybe there is a high return after investing in such coins, but the chances of that are very low. Moreover, currently investors are very careful about placing money in such coins. That is why although there are some similarities, trading and gambling are completely different.

[Alone055]

So I think an experienced trader is much more valuable than a gambler.

There is no doubt about that. Gambling, in general, is a way to try your luck, but some people take it differently, and they are wrong. If you think that you can make money from gambling on a constant basis, then you are wrong, and this wrong mindset is going to cost you money whether in the short or long run. If we do a survey asking people who took gambling as a source of income how it went, barely 5% of them would say it worked for them because it's not meant for that purpose.

Trading, on the other hand, can be a career choice because if you gain enough knowledge, increase your experience, have a good budget, and learn to stay patient in certain situations, you can make good money from trading in the long run. It's all about making the right decisions at the right time.

[doc]

Without doubt, many people would feel the same because there is a fine line between gambling and trading. No matter how much analysis is afforded to any possible transaction before completing a trade, there is no guarantee it will work the way expected.

Many say that trading is similar to gambling if it is not based on good knowledge and experience about trading. Becoming a trader takes a long time to always learn and practice, because the crypto market is unpredictable. And sometimes the analysis we make is wrong so we experience a loss. However, with good experience, we can manage finances and risks so that we can minimize the losses we suffer.

[DavetJack]

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.

Nowadays we see that it has become legal to earn money by trading in the stock market but training is like zero because if someone loses, you will earn and if you lose, someone will make a profit that day. Training is basically based on a person's skill or based on his own knowledge. But in terms of gambling, it is completely different. In gambling, we can never profit here by using any strategy or experience, so we see that gambling depends only on luck. And here there is no strategy and no analysis required to profit, so there is a lot of risk of losing money. So I would say that it is not gambling, but some people call trading gambling but it is not like that, I think we can call it business.

[zagreus]

Without doubt, many people would feel the same because there is a fine line between gambling and trading. No matter how much analysis is afforded to any possible transaction before completing a trade, there is no guarantee it will work the way expected.

Many say that trading is similar to gambling if it is not based on good knowledge and experience about trading. Becoming a trader takes a long time to always learn and practice, because the crypto market is unpredictable. And sometimes the analysis we make is wrong so we experience a loss. However, with good experience, we can manage finances and risks so that we can minimize the losses we suffer.

Usually, such words come from those that got rekt (especially someone new, who didn't know where the risk lies).

Eventually, everyone should acknowledge the fact that if you can do the analysis and put the factors in question one to another, it's not based on luck - but on circumstances and probabilities (the ones you can, theoretically, know more about, unlike in the sphere we are reffering to).

[milewilda]

Without doubt, many people would feel the same because there is a fine line between gambling and trading. No matter how much analysis is afforded to any possible transaction before completing a trade, there is no guarantee it will work the way expected.

Many say that trading is similar to gambling if it is not based on good knowledge and experience about trading. Becoming a trader takes a long time to always learn and practice, because the crypto market is unpredictable. And sometimes the analysis we make is wrong so we experience a loss. However, with good experience, we can manage finances and risks so that we can minimize the losses we suffer.

Only those people who do treat up trading as gambling as the ones who do treat up that way but for those who do know on what it is then applying up some analysis then they are the ones who do know on what trading is and on whats the correct approach into it. Trading could only become a gambling at the time or moment that you dont apply any analysis. You cant just having some trades without any analysis into it on which its normal that we do suffer loses and mistakes but its normal and this is where experience do build up and on the lessons you do learn out of those  things. Sometimes people are really just that too hasty on making money and thats why they do end up on making rush decisions and disregarding the risks involved with trading.

[robadams]

Trading involves analysis, strategy, and risk management, while gambling is mostly based on chance. If you’re serious about trading, it’s worth educating yourself properly and using reliable sources. I personally found a lot of useful insights at Traders Union, especially their broker reviews and trading guides. It really helps to approach the markets with a clear plan and not just "hope for the best."

[Mate2237]

Trading involves analysis, strategy, and risk management, while gambling is mostly based on chance. If you’re serious about trading, it’s worth educating yourself properly and using reliable sources. I personally found a lot of useful insights at Traders Union, especially their broker reviews and trading guides. It really helps to approach the markets with a clear plan and not just "hope for the best."

You are very correct but if you critically look at the two events, they have similarities though they are of different nature. Luck follow in the two, risk management follow for the two. Some people might say that where is the risk management in gambling? Mostly in sports betting, before you bet you have to mathematically calculate the game from previous games to the present squads to see who can will the game and for trading the rising and falling of the market must be calculated. That is where the risk management come to play. But the f you are good in trading there is assurance that you can have profit even though it is small every day but it is not for gambling the matter how you can play and be an expert.

Gamblers are not traders and traders are not gamblers unless they are trained or learn to be.

[Legion]

Trading involves analysis, strategy, and risk management, while gambling is mostly based on chance. If you’re serious about trading, it’s worth educating yourself properly and using reliable sources. I personally found a lot of useful insights at Traders Union, especially their broker reviews and trading guides. It really helps to approach the markets with a clear plan and not just "hope for the best."

I fully understand why you specify that there is one more significant distinction between thinking algorithmically or systematically, on the one hand, and thinking aleatorily on the other. This way, such references coupled with phraseology showing that you are looking for structured reviews are far more valuable, as this indicates that you are looking for more than a single answer or solution, but for reasoning for each decision made. Thus, I think that the approach with the help of experience and references is better because it does not allow making an impulsive decision. Trading is not a game of guessing; it depends on the kind of test that we give to the direction before putting something. And when it is performed constantly, it does not vanish but the approach to handling it is more moderate and proportional.

[JollyGood]

We are on page 33 of a thread that has already ascertained gambling and trading are two distinctively different propositions, however if trading takes place in a reckless manner then it is comparable to gambling. Agreed.

Now that has been clear for some time, how much more signature spamming will take place before the thread is locked?

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

[gunhell16]

Especially gambling and trading are different things. Gambling depends on luck. And trading depends on you, your skills and hard work. Being a trader is more interesting than being a gambler. Because why would you rely on your luck? From this you will develop yourself as an experienced trader. If you can use your hard work and skills effectively, you will be able to accumulate profits in your account. So I think an experienced trader is much more valuable than a gambler.

A person gets entertainment through gambling, but the purpose of trading is financial gain. And in gambling, one can also make money by placing bets if the luck favors him. So normally a gambler will never get the experience of trading, on the other hand, a trader will not get the joy of gambling. If some people think that trading in some shitcoins in crypto trading is almost the same as placing bets in gambling. But I think there is a difference too. Maybe there is a high return after investing in such coins, but the chances of that are very low. Moreover, currently investors are very careful about placing money in such coins. That is why although there are some similarities, trading and gambling are completely different.

We all know here that there is no other main reason that trading can give us but profit. But before we can do or achieve passive income in trading, it is not really easy to do this. Because like others, they know that knowledge and experience are important in crypto trading.

If you or we are serious about the trading we will do here in the crypto space, we will not think that trading is just like gambling, but for people who enter this field of crypto trading that it is no different from gambling, they are the typical people who are in a hurry to get a profit, just hoping for luck, lazy to study trading.

[Basedjack]

So I think an experienced trader is much more valuable than a gambler.

There is no doubt about that. Gambling, in general, is a way to try your luck, but some people take it differently, and they are wrong. If you think that you can make money from gambling on a constant basis, then you are wrong, and this wrong mindset is going to cost you money whether in the short or long run. If we do a survey asking people who took gambling as a source of income how it went, barely 5% of them would say it worked for them because it's not meant for that purpose.

Trading, on the other hand, can be a career choice because if you gain enough knowledge, increase your experience, have a good budget, and learn to stay patient in certain situations, you can make good money from trading in the long run. It's all about making the right decisions at the right time.

Yes, I agree with you, because gambling entertains people and takes money from their accounts. Gambling attracts people so much for entertainment that a person sits at their door with money all day long. Gambling creates mental stress on people. On the other hand, if a trader or a prominent businessman invests with experience and knowledge, then he can earn good profits from it. Because a businessman is never dependent on luck, his experience and skills are effective and he can use them to earn money periodically. If a businessman comes to the right stage and holds the investment for a long time, then he is able to earn good money from it.

[debra]

Many say that trading is similar to gambling if it is not based on good knowledge and experience about trading. Becoming a trader takes a long time to always learn and practice, because the crypto market is unpredictable. And sometimes the analysis we make is wrong so we experience a loss. However, with good experience, we can manage finances and risks so that we can minimize the losses we suffer.

The people who say they are similar, those people may not understand the fundamental matter of trading and gambling. If they know trading requires knowledge and skills, they will be aware that it is different with gambling. We know gambling doesn't require specific knowledge, we only needs to understand the way to play the gambling games. It is because gambling is luck-based matter. Meanwhile trading needs specific skills, ability, and sufficient knowledge. Without these, we only will have a big risk and the chance to lose money. In trading, knowledge determines many the success.