Leverage trading is nothing but gambling

[harapan]

My finding points to one truth about leverage trading in crypto trading and it is no difference with gambling since whatever position you hold when the market goes against your prediction you get your money liquidated, so tell me what difference it is with gambling where you also depend on luck the win.

They are two different things entirely tho sometimes trading may be having some similarities with gambling but then they can't be placed together.in terms of trading you tend to lose funds when you don't have understanding about the markets and it involves applying some analysis but in mostly gambling it's majorly on luck and sometimes you might tend to follow some certain predictions but nevertheless it might cost you a win or loss, moreso gambling is highly addictive while trading is not. So in other words they ain't the same.

[Cookdata]

For a while now I have been reading traders' reviews on top exchanges and getting involved in discussions as regards various coins, their performance and market dominance coupled with how much loses have been incurred by traders and what form of trading makes the loss such an amount.

My finding points to one truth about leverage trading in crypto trading and it is no difference with gambling since whatever position you hold when the market goes against your prediction you get your money liquidated, so tell me what difference it is with gambling where you also depend on luck the win.

It's gambling, it's profitable when the market is bullish and very bad when market is unpredictable. I don't do leverage but I have use it on many occasions to make some quick money from trading. I had it on before the US election when Bitcoin hasn't pump yet, held my long position until Bitcoin cross $100k and I quietly exit. I have been shorting airdrop coins on the first day they are listed and I hold for atleast for 3 to 5 days before I close the position because airdrop coins usually comes with sell pressure that last for days before reversals.

How did I achieve this? I don't trade because people are trading, I do it for fun when I see opportunities, whenever I see rugs or sell pressure or buy pressure and I maintain leverage with max of 5x, anything bigger than  that, I don't gamble my money with it. Anytime you see people get liquidated, check their leverages you will see they use 10x to 50x and some exchanges offer 400x just because they know people are greedy but as for me, I don't fall for it and I don't think I have been liquidated in the last 3 months of leverage, I know when to stop and I know when I don't need to trade.

[Iranus]

To be fair, trading and gambling are different regardless of whether it is spot trading or leveraged trading but we should not deny that leveraged trading is much riskier than spot and is somewhat similar to gambling. Many investors suffer heavy losses, even bankruptcy, and the main reason is that they trade with leverage and use high leverage. Just like the recent market correction, billions of dollars were liquidated and the ones who lost money were all leveraged traders, and that may be why many people consider leveraged trading to be nothing but gambling.



https://x.com/coinbureau/status/1895312124068421714

[dimonstration]

My finding points to one truth about leverage trading in crypto trading and it is no difference with gambling since whatever position you hold when the market goes against your prediction you get your money liquidated, so tell me what difference it is with gambling where you also depend on luck the win.

It’s super gambling that is more riskier than regular gambling itself due to the manipulation from exchange that frequently liquidates open long and short orders both ways within a day.

Exchange is so shady for offering high leverage like x50 and above while the volatility results to high price swing both ways that will surely wipe out open positions with high leverage.

It’s better to gamble on casino compared on using high leverage trading because there’s no entertainment out of it if you liquidate or hit stop loss.

[Abu-Naim]

My finding points to one truth about leverage trading in crypto trading and it is no difference with gambling since whatever position you hold when the market goes against your prediction you get your money liquidated, so tell me what difference it is with gambling where you also depend on luck the win.

There is no much difference with gambling, in fact, I can say that it is another form of gambling since liquidation is involved.

Instead of leverage trading, I prefer to use large capital to do spot trading in the same signal I have for future trading, at least I will be safe with the coins I bought if the market go against my prediction, and I will manage the little profit I will get if my prediction went well.

Some people are very good in trading, and they don’t see it as something risky that much, but I am yet to be completely confident about it because whenever I place a trade my mind used to be there, there is no rest for me u till I am out of the trade.

[Gaza13]

Leverage trading would fall into gambling if you are not inclined into trading. However, if you are actually knowledgeable and skillful on the kind of trade you are entering, then it’ll never result into gambling, but leverage trading could even make you potentially more successful and profitable if you only know how to manage your bankroll and apply high risk management on it.

Many people believe that there are many similarities between leverage trading and gambling, especially in terms of risk and uncertainty, there are also elements of analysis, strategy and risk management that differentiate the two. Indeed, a trader could have the potential to be much more successful, but there are many things he must learn, not just managing money, there are many factors that can influence market movements. However, both of them sometimes need luck in their profits.

[Ojima-ojo]

To be fair, trading and gambling are different regardless of whether it is spot trading or leveraged trading but we should not deny that leveraged trading is much riskier than spot and is somewhat similar to gambling. Many investors suffer heavy losses, even bankruptcy, and the main reason is that they trade with leverage and use high leverage. Just like the recent market correction, billions of dollars were liquidated and the ones who lost money were all leveraged traders, and that may be why many people consider leveraged trading to be nothing but gambling.



https://x.com/coinbureau/status/1895312124068421714

Bitcoin in recent times has shaded off a lot of leverage positions and most of the leverage traders are the worst hit in all of the recent market dips from all indications, it shows that the risk in leverage trading os almost the same as that of gambling of the traders use high leverage on their trade positions, this has been the most recent happening just like the one you mentioned in the image above.

[Questat]

I don't do leverage trading so I don't know for sure whether doing leverage trading is the same as gambling which only depends on luck, but in my opinion, trading in any form, whether it's spot or leverage, if done without skills, only using feelings or instincts, then it can be said to be gambling, but if done the other way around, it is certainly not the same as gambling, because traders analyze with the knowledge they have to assess the direction of the market within a certain period of time and that is based on data, not feelings or instincts.

Everything that you do without knowledge and mastery, the outcomes will be the same with gambling. Especially that we are talking about how unpredictable the crypto market is.

However, there’s always an edge if you are trading based on your knowledge and skills, and with reliable experience that give you higher chances to succeed. But if you are just trading because you have been influenced by other successful traders, that won’t be enough, you still need to do a lot of research and studies, so you won’t fall trading blindly in the market.

[justdimin]

For a while now I have been reading traders' reviews on top exchanges and getting involved in discussions as regards various coins, their performance and market dominance coupled with how much loses have been incurred by traders and what form of trading makes the loss such an amount.

My finding points to one truth about leverage trading in crypto trading and it is no difference with gambling since whatever position you hold when the market goes against your prediction you get your money liquidated, so tell me what difference it is with gambling where you also depend on luck the win.

When you are leverage trading, if you do that with nearly zero knowledge, then yeah it is like gambling, in fact it's even worse than gambling because at gambling you have a higher chance of winning, but with leverage you will definitely lose eventually. But if you are a great trader, and you do amazingly at spot trading, then you know how to handle leverage trading and you could make good returns.

I have met with way too many people to deny otherwise, they all used leverage trading to make more money, by using less, and they are all retired basically, some even not trade anymore to not take risks because while it's not gambling for them, it's still a risk and they rather stay where they are with a few mill in the bank.

[traderethereum]

That is because he does not analyze to predict where the market go but just guess the market. We must follow where the market moves so we can make a profit. If we predict where the market goes but that is against with what happen in the market, our money will be liquidated and that is a lose for us. We can not just predict the market move without analysis because that is the important thing in the leverage trading in crypto trading. You need to understand with that so you can analyze before decide and know where the market move from your analysis.

[CroverNo01]

They are two different things entirely tho sometimes trading may be having some similarities with gambling but then they can't be placed together.in terms of trading you tend to lose funds when you don't have understanding about the markets and it involves applying some analysis but in mostly gambling it's majorly on luck and sometimes you might tend to follow some certain predictions but nevertheless it might cost you a win or loss, moreso gambling is highly addictive while trading is not. So in other words they ain't the same.

Trading and gambling are both pointing at the exact same direction in the space. We get involved in both sectors for what cause? We're here to print and lay hands on huge figures in the space and they're call profits. We firstly deposit capital in both trading and gambling before making our analysis. Trading and gambling are the same thing but what change? The language and settings of entire system? Yes, ofcourse.

There's more to learn to learn in both sectors since they're vast, you choose where you belong, either gambling or trading. Leverage trading is something to hold onto in trading, appears in future trading and it becomes very important for a trader to know exactly how to use this term and actually trigger this leverage order. Although, I've also seen a trader gambling with his portfolio in the market, the term is quite similar but different meaning in trading. Gambling in trading simply means trading with random guesses and motives, no actual plans or goals set.

[tvplus006]

That’s how people approach trading because they see many people with high leverage and high-profit sharing. A lot of people want that, but they don’t understand how leverage trading works and end up liquidating their money. It’s just so much of a problem if you don’t know what you are doing at the current moment. ..

For all beginners who want to earn a large amount of money quickly, without having enough knowledge for this and who neglect the risk management strategy, trading on the stock exchange turns into a casino where they can rely only on fortune. But luck is not permanent, and therefore such a trading strategy leads to a loss of the deposit.

[BABY SHOES]

Friends often ask this question... is leveraged trading the same as gambling? I can only answer this differently, of course from my own experience. But those novice traders come up with that question over and over again.

Maybe in terms of risk it's almost the same but the way it works is different, as we know a lot of experience in futures trading so it's not like gambling but traders who can manage from leverage how much to put up.

What is clear in futures trading is that there must be other skills and understanding so that you will understand the difference with gambling.

[Bushdark]

For a while now I have been reading traders' reviews on top exchanges and getting involved in discussions as regards various coins, their performance and market dominance coupled with how much loses have been incurred by traders and what form of trading makes the loss such an amount.


My finding points to one truth about leverage trading in crypto trading and it is no difference with gambling since whatever position you hold when the market goes against your prediction you get your money liquidated, so tell me what difference it is with gambling where you also depend on luck the win.

You can leverage to make more money in the market but it wouldn't make sense when you do it too much.
Every trade must leverage based on their portfolio which can give an amazing profit but when it's done in a greedy way, it wouldn't make any sense at all and that's what had been making many traders to accumulate loses in the market, even price is not against them.
Just imagine someone that has a $50 portfolio trying to leverage 100x to 200x. This is a pure sign of greedy and if the market price goes down or up a lot bit, it could lead to a huge financial losses.

[Maslate]

Friends often ask this question... is leveraged trading the same as gambling? I can only answer this differently, of course from my own experience. But those novice traders come up with that question over and over again.

Maybe in terms of risk it's almost the same but the way it works is different, as we know a lot of experience in futures trading so it's not like gambling but traders who can manage from leverage how much to put up.

What is clear in futures trading is that there must be other skills and understanding so that you will understand the difference with gambling.

Yes, both have risks involved but with trading leverage, there’s an equal chance to earn or to lose, depends on how inclined you are with trading leverage, but with gambling, skilled or not, one is actually bound to lose at the end of the day. So we can’t really tell that trading leverage is nothing but gambling, it will only fall as gambling if one trades blindly, without trading knowledge and skills.

[mindrust]

Leverage is indeed gambling. Trading alts is also gambling unless it is one of those established alts like litecoin, xmr, eth etc. Most alts are trash, therefore you are pretty much buying hot air with the hopes of selling it to a greater fool. Leverage trading takes it to a whole different level. It is just another dice game where you will get rewarded if you guessed the outcome right and get punished if you guessed it wrong. Most people think they can successfully guess the next market move based on the past data but they rarely do.

[mirakal]

My finding points to one truth about leverage trading in crypto trading and it is no difference with gambling since whatever position you hold when the market goes against your prediction you get your money liquidated, so tell me what difference it is with gambling where you also depend on luck the win.

You will just end up relying on luck if you don't have the deep knowledge and TA in trading. That is why many failed, because trading is not a simple job but absolutely risky and difficult. And we must know that trading is trading while gambling is gambling. It would only be the same if we traded and made calls on a wild guess. How can we assume profit if we are doing this? That is completely impossible unless we are lucky enough.

That is why if we want to become successful traders, then we work on it.

[Powerjumboo]

For a while now I have been reading traders' reviews on top exchanges and getting involved in discussions as regards various coins, their performance and market dominance coupled with how much loses have been incurred by traders and what form of trading makes the loss such an amount.

My finding points to one truth about leverage trading in crypto trading and it is no difference with gambling since whatever position you hold when the market goes against your prediction you get your money liquidated, so tell me what difference it is with gambling where you also depend on luck the win.

In fact, leverage trading and gambling can only be compared when someone bets on sports betting. Here, in leverage trading, you have to do leverage trading by making good predictions and analysis. Here, you definitely have to do good analysis and prediction, if there is a loss, you have to adapt yourself and leave it to luck, on the other hand, while betting on sports, you have to do good analysis and prediction, here we cannot leave it to luck because in sports betting, many times you can win a lot by making good analysis and prediction. And if you lose, you have to leave it to the luck just like in futures trading. So I can see a good similarity here because leverage trading and gambling have a good similarity.

[Oluwa-btc]

It’s difficult to compare gambling to trading since gambling mostly relies on luck. We also need to be specific when talking about gambling because different games have different house edges. In casino games, winning in the long run is nearly impossible, making it very different from trading since it's purely luck-based.

A better comparison to trading would be sports betting. Just like in trading, we rely on analysis and predictions rather than pure chance. With proper bankroll management, we can place serious bets and potentially turn a profit, similar to how traders manage risk and invest strategically.

However, both activities share the same significant gains but also comes with a high risks of losses.Leverage trading and gambling are subject to sharing some similarities and distinct differences.
On the other hand,Paying attention to this differences and similarities comes with a technical analysis and regulatory options too.While leverage trading can make gains it also comes with a high risks of losses to and same thing is applicable to gambling.

There's obviously no difference between the two fields it just requires a calculated  approach and an upgraded mindset to carry on.

[Negotiation]

Although leverage trading is not gambling, in some cases it can create additional risks that many may consider to be similar to gambling but leverage trading is something that you can make decisions by applying skillful market analysis and strategies. There is no place for any specific strategy or research in gambling it is completely based on luck. If risk management and analysis are done properly it can be a part of your investment strategy. Above all if you want to do leverage trading, you should do it with proper preparation and knowledge and be aware of the risks.