Difference between gambling and trading..

[DavetJack]

We see that many people say that gambling and trading are the same. If that were the case, then what we see is that trading is based on a person's own knowledge. To become a professional investor, he has to overcome various obstacles and acquire various skills and find his success. And he has to pay attention to various social media and he has to gain a lot of knowledge so that when he wants to invest in a currency, he can analyze it well and invest in it, and so that he can profit from it.


But I think gambling is completely different from investing. Because it depends only on your luck. And as far as I know, there is no specific strategy that can be used to make a profit here. Maybe some profit can be made based on some time but most of the time you have to lose here and every bet puts you at risk.

             What do you think?? Share your own opinion.

[bitterguy28]

But I think gambling is completely different from investing. Because it depends only on your luck. And as far as I know, there is no specific strategy that can be used to make a profit here. Maybe some profit can be made based on some time but most of the time you have to lose here and every bet puts you at risk.

             What do you think?? Share your own opinion.

sports gambling is often played with strategies as well as games that involve cards while luck is generally needed there are some gambling games where you absolutely need some knowledge and analysis in order to succeed

but i also do not think trading and gambling are the same only for the fact that trading is not done for entertainment unlike gambling

[0t3p0t]

They do actually have similiraties like taking risks but trading really needs technical analysis and fundamentals and the only advantage is that it can be a very good source of income if you are on the right path and knowledge. Gambling especially sports related games are sometimes predictable but still you need luck to win.

[bisdak40]

We see that many people say that gambling and trading are the same. If that were the case, then what we see is that trading is based on a person's own knowledge. To become a professional investor, he has to overcome various obstacles and acquire various skills and find his success. And he has to pay attention to various social media and he has to gain a lot of knowledge so that when he wants to invest in a currency, he can analyze it well and invest in it, and so that he can profit from it.


But I think gambling is completely different from investing. Because it depends only on your luck. And as far as I know, there is no specific strategy that can be used to make a profit here. Maybe some profit can be made based on some time but most of the time you have to lose here and every bet puts you at risk.

             What do you think?? Share your own opinion.

I think trading and gambling are not the same. Trading needs learning, research, and good decisions. You have to study the market to make money. But gambling is mostly about luck. You can win or lose fast, and there's no sure way to win. So yeah, both are risky, but trading is more about skill, and gambling is more about chance.

[Sim_card]

I don't get your point OP, are you comparing gambling and trading or investing which of them. You should understand that investors are not traders and traders cannot be called investors. Back to the OP, trading and gambling has somethings similar to each other but they're not the same, because gambling is strictly based on luck, despite all your analysis if your is not on your side, you will lose your bet. Making profits in gambling is by chance. Trading is strictly on knowledge acquired to make profits.

[salad daging]

But I think gambling is completely different from investing. Because it depends only on your luck. And as far as I know, there is no specific strategy that can be used to make a profit here. Maybe some profit can be made based on some time but most of the time you have to lose here and every bet puts you at risk.

Difference with trading or investing? Because obviously gambling and investment are very different.

This has been discussed several times actually...but my view is clearly different because gambling is almost a victory of luck not because of any skill or strategy - even if there is a poker game that relies on skill then the rest still relies on luck.

[Mr. Allcrypto]

Gambling and trading are off similar resemblance although many other people would argue opposite saying trading is more preferable as it's suppose to give better results than gambling but if am asked I would even say the two are even the same thing because there is absolutely no certainty to any of them although traders still would say that trading is more technical and can be useful but for me I haven't seen anyone who can make consistent money from either that would make me consider them differently.

[|MINER|]

I don't think we need lots of debate on these topics because it is just a common sense gambling fully depends on luck and where trading is depends on skill even though some people were saying also that trading is also depends on luck but it wrong there says because they don't know the actual trading analysis.
So another facts what I can say here trading is a things what we can choose as a career but gambling is only for entertainment so we can't choose it for our career so those are the real difference between trading and gambling.

[Asiska02]

But I think gambling is completely different from investing. Because it depends only on your luck. And as far as I know, there is no specific strategy that can be used to make a profit here. Maybe some profit can be made based on some time but most of the time you have to lose here and every bet puts you at risk.

             What do you think?? Share your own opinion.

sports gambling is often played with strategies as well as games that involve cards while luck is generally needed there are some gambling games where you absolutely need some knowledge and analysis in order to succeed

but i also do not think trading and gambling are the same only for the fact that trading is not done for entertainment unlike gambling

Gambling cannot be in any where relatable to Trading, they are two different things and comparing them is not even making any sense in all ramifications. Gambling are mostly based on luck and not about how good your analysis can be even though it is important to analyse to have a more probability of winning a game than not even analysing at all.

The trading market needs a lot of knowledge to be better at it and to have the more chances of having and accurate predictions on the directions you’ve analyzed the market to trail on. When you have the knowledge of trading, you’ll begin to see consistent results overtime which will give you more confidence and confidence in your trades to win more.

[Rubel007]

But I think gambling is completely different from investing. Because it depends only on your luck. And as far as I know, there is no specific strategy that can be used to make a profit here. Maybe some profit can be made based on some time but most of the time you have to lose here and every bet puts you at risk.

If a person has financial knowledge and trading experience, then he can trade, but of course he will need knowledge related to trading. In the case of gambling, a person has to place bets only depending on luck. In the case of sports betting, there is some value in skill and experience, but there is no certainty. Even after doing good research, there is a possibility of losing a bet at any time. That is why there is a lot of difference between gambling and trading.

[Rruchi man]

             What do you think?? Share your own opinion.

It is always surprising to discover that there are people who still see gambling and trading as the same thing. Proof that there are lots of people who are misinformed, and sometimes I would like to say we owe them the responsibility to help them get out of this ignorant state but the problem becomes that some of them are obstinate with their idea and would rather pick an argument with you than listen to what you have to say with an open heart. I say this also because some of the people that think gambling and investing are the same have also heard before the difference between both of them, but because of their obstinate nature, have have refused to change their mindset and perspective on it.

[Joeboy]

We see that many people say that gambling and trading are the same. If that were the case, then what we see is that trading is based on a person's own knowledge. To become a professional investor, he has to overcome various obstacles and acquire various skills and find his success. And he has to pay attention to various social media and he has to gain a lot of knowledge so that when he wants to invest in a currency, he can analyze it well and invest in it, and so that he can profit from it.


But I think gambling is completely different from investing. Because it depends only on your luck. And as far as I know, there is no specific strategy that can be used to make a profit here. Maybe some profit can be made based on some time but most of the time you have to lose here and every bet puts you at risk.

             What do you think?? Share your own opinion.

Gambling trading share a real similarity, they are both risky in that things can easily go sideways. And also they both involve putting in something of value(money) in exchange for a higher profit or percentage. To be real with you guys, gambling is a form of skill in that people pay each other to acquire the skill just like it is in trading.
I had a friend of mine who wanted to go into gambling just that he didn't have the knowledge of it, he was rich guy of coz, so he had to pay people to teach him the secret to earning high in gambling, infact as I am talking to you right with you, he is a pro in gambling. So both trading and gambling are both skills which can be attained monetarily.

[Findingnemo]

First of all trading and investing itself different things.

Trading is usually said when someone is doing intra day trading which is to make some quick money and the same reason goes for gambling which is why some people relate both as same yet not entirely.

Gambling is purely luck based whether its casino games or sports betting, trading needs part luck and mostly analytical skills to predict the market movements.

[DavetJack]

But I think gambling is completely different from investing. Because it depends only on your luck. And as far as I know, there is no specific strategy that can be used to make a profit here. Maybe some profit can be made based on some time but most of the time you have to lose here and every bet puts you at risk.

             What do you think?? Share your own opinion.

sports gambling is often played with strategies as well as games that involve cards while luck is generally needed there are some gambling games where you absolutely need some knowledge and analysis in order to succeed

but i also do not think trading and gambling are the same only for the fact that trading is not done for entertainment unlike gambling

Trading and gambling are two completely different things. Trading is an activity that involves investing in various currencies to make money. It involves buying and selling financial assets such as stocks, bonds, commodities, and currencies with the aim of making a profit. And it involves analyzing and investing in a currency based on various strategies and your own knowledge. And on the other hand, gambling is an activity where one takes risks in the hope of potential profit, but without any reasonable expectation of profit. And I think there is a big difference between the two.

[libert19]

I don't get your point OP, are you comparing gambling and trading or investing which of them. You should understand that investors are not traders and traders cannot be called investors.

Thank you for pointing that out.

Back to the OP, trading and gambling has somethings similar to each other but they're not the same, because gambling is strictly based on luck, despite all your analysis if your is not on your side, you will lose your bet. Making profits in gambling is by chance. Trading is strictly on knowledge acquired to make profits.

I would say trading is luck based too. You can make your trades with all tools you have (ta, and what not) but still it's end of it's day luck as these tools don't guarantee 100% success; if they were to everyone would be rich.