Gambling a game of chance and luck or what?

[|MINER|]

When it comes to trading, one tries all possible analysis, using available materials that has been made to help against losses, but yet, news has more effect to determine what or where the market directions goes. This doesn't mean the analysis was wrong, it means even with well analyzed analysis, if the market will turn, your analysis won't stop it from doing so.
This same thing comes in for gambling. Gambling has no proved analytical tools to surely say this will go this way or the other way round. If luck is on your side, you'll end up having wins at the end of the game, but if it's the other way round, no matter how tactical, the game will turn against your favor. Outside luck in gambling, there's probably no wins, and I'm sure that real

So, for gambling, if your not a real time gambler, don't ever use what you can't afford to lose to gamble.

What you said that is also true even a news on crypto market that can be make your analysis fail in a moment.
But when you are a professional trader you must have also know about that source where you are making you investing or trade. Like you shouldn't be invest on those projects what can have a big influence on news or will. And that's makes you a professional trader a professional analyst, with great knowledge about market. This will also lead you when the negative news will published to leave from market.

[Gurujebs]

What you said that is also true even a news on crypto market that can be make your analysis fail in a moment.
But when you are a professional trader you must have also know about that source where you are making you investing or trade. Like you shouldn't be invest on those projects what can have a big influence on news or will. And that's makes you a professional trader a professional analyst, with great knowledge about market. This will also lead you when the negative news will published to leave from market.

Good traders don't listen to the news, they trade on speculations and when they found out the speculation is becoming the news, they quickly sell and move on to the next coin with speculation, they don't hold trade on the news that has been heard already unless it's announcement that will continue from where they stopped, that's what they can continue trading.

Gambling is a game of what you think it is. Just know there is luck but you can't be lucky all your winnings, you must have to develop a strategy that will work for you and gives you every step necessary to understand your gambling skills.

[|MINER|]

Good traders don't listen to the news, they trade on speculations and when they found out the speculation is becoming the news, they quickly sell and move on to the next coin with speculation, they don't hold trade on the news that has been heard already unless it's announcement that will continue from where they stopped, that's what they can continue trading.

Gambling is a game of what you think it is. Just know there is luck but you can't be lucky all your winnings, you must have to develop a strategy that will work for you and gives you every step necessary to understand your gambling skills.

Actually I will not say that good traders do not follow the news, because good traders often take their trades based on the news and that too based on their analysis. For example, by analyzing a news, they may get an idea where they can gain a good profit and that is why they trade based on the news.
Those of us who just invest based on news without analysis are not actually trading, we are gambling. Good traders can generate profits even by trading based on news.

[DragonF]

Actually I will not say that good traders do not follow the news, because good traders often take their trades based on the news and that too based on their analysis. For example, by analyzing a news, they may get an idea where they can gain a good profit and that is why they trade based on the news.
Those of us who just invest based on news without analysis are not actually trading, we are gambling. Good traders can generate profits even by trading based on news.

Those news are important for a trader and shouldn't be taken for granted. Analysis cannot expose a trader to everything, which is why keeping up with the news is critical. This is also how important football news can be for those who bet on football. Personally, I predict games after the lineup is revealed. This is to ensure last-minute fitness before making predictions.

I remember when I made a prediction and after placing my bet I began to notice an increase in the odd of the game and so i became skeptical. When I inquired about the reason for the sudden increase in the odds, I discovered that a key player was injured during last-minute training and has been ruled out of play. I lost the bet because the game ended tied. Thus, listening to news is important as it can guide gambling decision.

[Baofeng]

Everything still boils down on luck in gambling, although there could be some skill base games like poker. But still, gambling is the unknown, we don't know that the result is and that's where we are betting.

So with that, we don't know what the results is and there are probabilities of the outcome. There are math behind it, so many combinations but we can only bet on one outcome. And so if we are lucky, then maybe we can go and hit that one outcome out of possible hundreds or thousands or even million chance just like in lottery.

[|MINER|]

Those news are important for a trader and shouldn't be taken for granted. Analysis cannot expose a trader to everything, which is why keeping up with the news is critical. This is also how important football news can be for those who bet on football. Personally, I predict games after the lineup is revealed. This is to ensure last-minute fitness before making predictions.

I remember when I made a prediction and after placing my bet I began to notice an increase in the odd of the game and so i became skeptical. When I inquired about the reason for the sudden increase in the odds, I discovered that a key player was injured during last-minute training and has been ruled out of play. I lost the bet because the game ended tied. Thus, listening to news is important as it can guide gambling decision.

Yeap I would like to agree with your opinion that news are so important when you are doing the short-term trading and as well we know that by day trading.

But it could be different for the long term trader or holder those don't have to do anything with the short-news effect that create the FUD inside the people's mind you have take a wrong decision.

And in gambling What you have been mentioned in some cases we the sportbetting sometimes for good to check the team squad and as well the players condition. And these things we knows from only the news.

[bisdak40]

When it comes to trading, one tries all possible analysis, using available materials that has been made to help against losses, but yet, news has more effect to determine what or where the market directions goes. This doesn't mean the analysis was wrong, it means even with well analyzed analysis, if the market will turn, your analysis won't stop it from doing so.
This same thing comes in for gambling. Gambling has no proved analytical tools to surely say this will go this way or the other way round. If luck is on your side, you'll end up having wins at the end of the game, but if it's the other way round, no matter how tactical, the game will turn against your favor. Outside luck in gambling, there's probably no wins, and I'm sure that real

So, for gambling, if your not a real time gambler, don't ever use what you can't afford to lose to gamble.

What you said that is also true even a news on crypto market that can be make your analysis fail in a moment.
But when you are a professional trader you must have also know about that source where you are making you investing or trade. Like you shouldn't be invest on those projects what can have a big influence on news or will. And that's makes you a professional trader a professional analyst, with great knowledge about market. This will also lead you when the negative news will published to leave from market.

Yeah, that's true. News can mess up even the best analysis in trading. But if you're serious about it, you gotta do your homework and know what you're investing in. Avoid projects that are easily shaken by news. That way, when bad news drops, you'll know when to step out and protect your money. It’s all about staying smart and ahead of the game.

[Dr.Bitcoin_Strange]

Yeah, that's true. News can mess up even the best analysis in trading. But if you're serious about it, you gotta do your homework and know what you're investing in. Avoid projects that are easily shaken by news. That way, when bad news drops, you'll know when to step out and protect your money. It’s all about staying smart and ahead of the game.

Exactly why it’s crucial not to rely only a single source when doing research and analysis,  it’s true that news sometimes can be misleading to an extent, but I’m such case, one can only be misled when he rely only on that source for information. But when the investor has several other sources, then he’ll be able to verify the source and information thoroughly before making any investment decisions.

[pieppiep]

Yeah, that's true. News can mess up even the best analysis in trading. But if you're serious about it, you gotta do your homework and know what you're investing in. Avoid projects that are easily shaken by news. That way, when bad news drops, you'll know when to step out and protect your money. It’s all about staying smart and ahead of the game.

Exactly why it’s crucial not to rely only a single source when doing research and analysis,  it’s true that news sometimes can be misleading to an extent, but I’m such case, one can only be misled when he rely only on that source for information. But when the investor has several other sources, then he’ll be able to verify the source and information thoroughly before making any investment decisions.

It is very helpful to get information from various sources in order to avoid making wrong decisions. That is why there is a great tendency to consider only one’s perspective is that we may fail to look at some strongly impacting feature. Any received information needs to be checked again to cross-cheque with other resources in order not to be trapped in an illusion. The field of investments is always full of opinions and news that may occur to a person and to see an opportunity from a different angle, it is helpful to spend more time researching. Thus making decision, the chance of risk and uncertainty is less and every decision made and implemented is comparatively robust.

[Dr.Bitcoin_Strange]

It is very helpful to get information from various sources in order to avoid making wrong decisions. That is why there is a great tendency to consider only one’s perspective is that we may fail to look at some strongly impacting feature. Any received information needs to be checked again to cross-cheque with other resources in order not to be trapped in an illusion. The field of investments is always full of opinions and news that may occur to a person and to see an opportunity from a different angle, it is helpful to spend more time researching. Thus making decision, the chance of risk and uncertainty is less and every decision made and implemented is comparatively robust.

You’ve hit the nail on the head.
Some people in the investment sphere, especially the newbies are always fond on acting based on news or information without actually verifying the information. And this is why it’s always advisable to DYOR, the investment or crypto world is ever evolving and things come up everyday. Again, people’s investment expectations and goals varies and copying another person’s strategy or resources without actually verifying first if it’ll also be suitable for you could actually get you in trouble.

[pieppiep]

It is very helpful to get information from various sources in order to avoid making wrong decisions. That is why there is a great tendency to consider only one’s perspective is that we may fail to look at some strongly impacting feature. Any received information needs to be checked again to cross-cheque with other resources in order not to be trapped in an illusion. The field of investments is always full of opinions and news that may occur to a person and to see an opportunity from a different angle, it is helpful to spend more time researching. Thus making decision, the chance of risk and uncertainty is less and every decision made and implemented is comparatively robust.

You’ve hit the nail on the head.
Some people in the investment sphere, especially the newbies are always fond on acting based on news or information without actually verifying the information. And this is why it’s always advisable to DYOR, the investment or crypto world is ever evolving and things come up everyday. Again, people’s investment expectations and goals varies and copying another person’s strategy or resources without actually verifying first if it’ll also be suitable for you could actually get you in trouble.

The information which are available in the investment world does vary, and each person tends to put it in his or her own perspective. That is why some people act immediately without looking for other sources to confirm the information that has reached them. It can be understood that every measure taken without fail leads to some consequences and all the decisions made within the framework of the received misinformation are unlikely to yield the results anticipated. Furthermore, there is a continuous improvement in the investment world and brings to the table different new things that is likely to change the course of the used strategies. For this reason, the appearance of a strategy for how a person works with the data received will significantly influence the experience and outcome.

[DragonF]

Exactly why it’s crucial not to rely only a single source when doing research and analysis,  it’s true that news sometimes can be misleading to an extent, but I’m such case, one can only be misled when he rely only on that source for information. But when the investor has several other sources, then he’ll be able to verify the source and information thoroughly before making any investment decisions.

The reliability of the source is more important than getting news from several sources. Some sources purposefully choose the news they present out of bias, while others do not provide accurate and trustworthy news. This is why the number of sources does not necessarily determine the efficacy of the information, and ultimately, decisions can still be wrong.

For example, during the transfer window, there are various football analysts or blocs that provide transfer news, but only a few of those platforms provide accurate news about the transfer window, so it is preferable to rely on the news provided by a reputable platform rather than visiting multiple platforms to obtain news. The same is true for prediction sites. 

[LUCKMCFLY]

This has always been one of the things we ask ourselves the most when we are in this world of casinos, is luck the fundamental factor in games of chance? And the answer is yes, of course, but when it comes to betting, things change because it focuses on the degree of knowledge that one has , for me that is worth a lot, on the other hand, in casino games we can know a lot, but even knowing a lot you can lose a lot.There is nothing like playing in a casino with the money you are willing to lose. If you have that money, things are easier so that your life does not get out of control.

[|MINER|]

Yeah, that's true. News can mess up even the best analysis in trading. But if you're serious about it, you gotta do your homework and know what you're investing in. Avoid projects that are easily shaken by news. That way, when bad news drops, you'll know when to step out and protect your money. It’s all about staying smart and ahead of the game.

Indeed what you said that is also true, and we have to agree with your words also. If a trader make good analysis have the ability of professional technical analysis and fundamental analysis on news basis he can easily make good profit.
But this is not for the those trader who don't know about trading analysis but want to do trade on news.

[Dr.Bitcoin_Strange]

The reliability of the source is more important than getting news from several sources. Some sources purposefully choose the news they present out of bias, while others do not provide accurate and trustworthy news. This is why the number of sources does not necessarily determine the efficacy of the information, and ultimately, decisions can still be wrong.

For example, during the transfer window, there are various football analysts or blocs that provide transfer news, but only a few of those platforms provide accurate news about the transfer window, so it is preferable to rely on the news provided by a reputable platform rather than visiting multiple platforms to obtain news. The same is true for prediction sites.

You’re not wrong! But not everyone has access or are aware of these reputable source, for such a person, I still believe it’s important to consider several sources and then weigh the facts and I believe that through this means, one may also be able to critically scrutinize the sources as well as its authenticity before believing or acting on that information.