We are not Gambler, But Traders and Investors

[rachael9385]

It makes a difference what you do with Bitcoin or other coins you invest in. The example of October 11th showed us that trading can be gambling if traders are willing to trade with high leverage, and if everything can be lost in a few hours, it's definitely something dangerous and high-risk, not an investment. But if you buy Bitcoin to hold it for 5 or 10 years, that's a safer plan at least you won't lose your coins trading.

Even when those high risks pays off nothing changes the fact that it's still gambling, some traders fund their trading account with a hundred dollars and decide to do a flip and end up making a thousand dollars within a short period of time, in crypto this is common with people that buy memecoins. It's better to get a guaranteed profit slowly than to take a big risk to get rich quick, trading isn't gambling

[maknyos]

When it comes to risk, both have risk, but it's different because when you gamble, you can't rely on your knowledge to win.  Whereas when trading or investing, we can still use our knowledge and skills to be able to benefit. So just from that point of view, it's different. Unless someone comes with the mentality of still a gambler that they start the entry only relying on luck.
But if there are people who say the two are the same and they stick with that opinion, I myself cannot do anything because that is entirely their right. We can only explain the difference, while we cannot control their minds.

Both gambling and trading share a few surface similarities they both involve risk speculation and the possibility of loss but the underlying mindset and process behind them are completely different gambling is entirely dependent on chance no matter how much you analyze the game or the odds the outcome remains unpredictable because it’s controlled by probability and randomness in most cases the longer you play the more the house edge ensures you lose. Trading on the other hand rewards preparation knowledge and emotional control while luck can play a role in timing or market volatility it isn’t the deciding factor traders who consistently profit do so because they understand risk management position sizing market patterns and above all discipline they treat it like a profession not a game.

Many people fall into the trap of treating trading like gambling because they chase quick wins or follow emotions instead of strategy that’s where they blur the line between both activities once someone enters trades without a plan and hopes for luck to save them they’ve already crossed into gambling territory. It’s also worth noting that unlike gambling where every game is designed to benefit the casino the financial markets don’t have a “house” rigging the system against you the outcome depends on your decisions and understanding this is why proper education experience and patience are essential in trading.

I completely agree that there are some similarities, but that doesn't mean they're the same, right? In fact, just having a few similarities proves there are differences between the two. In slot machines, for example, we never know what will come up on the next spin; it could be good and give a multiplier, or it could be bad without any matching symbols.
Meanwhile, in trading, in the market, we can analyze, even if it's still possible to be wrong. For example, we might buy long when the market is at a support level, then we set a stop-loss to manage risk, and above that, we place a take-profit at a resistance level.

[EarnOnVictor]

We are not Gambler, But Traders and Investors
If it's not gambling, then what is it? High risk investment?

It's easy for some people to say they are not gamblers but traders/investors, but in reality, what they do with their assets, which is meant for trading/investing, will define who they really are. Simple!

By virtue, there are more retail crypto traders than its investors, and there are more crypto gamblers than "traders and investors" combined. The reason is simple. Most people invest wrongly and what they do is purely gambling with their money. This is respective of how trained the person is. One of the main reasons is emotion, and it will continue to plague the supposed traders and investors if more caution is not enforced.

[NotATether]

It's all the same.

Why do you think it's called high risk?

Because there is a large percentage chance that you will lose all of your investment.

What kind of person would want to trade that?

That's gambling.

[Vaculin]

It's all the same.

Why do you think it's called high risk?

Because there is a large percentage chance that you will lose all of your investment.

What kind of person would want to trade that?

That's gambling.

As much as you can't control the outcome of your trades or investment, then it's certainly gambling in the end. The only difference is that, you have all the chances to stay in profits rather than to stay at loss, that is if you know how to navigate them well.

But nevertheless, the nature of gambling cannot be ignored knowing the fact that they are both high risk.

[Viscore]

Everything that comes with risk, low risk or high risk, it can easily be associated into gambling. No matter how skilled or strategic you are as a trader or investor, losses are sometimes inevitable, and once you lose, that's because at some point you are gambling.

And until you are not confident on how to maximize winning from your investments, that's most likely you are still gambling.

[qwertyup23]

I do submit that there is no way that you can remove the element of risk, which is present in gambling, trading, and investing, among them.

Just because the three (mentioned above) have the same element does not necessarily mean that they are the one and the same. Gambling, investing, and trading are worlds apart if you compare them by their nature, risks, purpose, and other relevant factors.

INVESTING
In an investment, a person either purchases financial instruments or save their money inside the bank in order to mature its value. Others purchase stock as a form of long-term investment by taking advantage of the time for it to mature.

TRADING
In trading, a person either purchases or sells their respective stocks, foreign exchanges, or even cryptocurrencies depending on its value on the market. Given that cryptocurrency is volatile, meaning its value changes anytime, people use it as a form of trading for both short or long-term profit.

GAMBLING
In gambling, a person enters a land-based casino or plays in an online platform a variety of games (e.g. slots, roulette, poker, etc.) which may or may not involved any applied skill. You can argue that winning via gambling is 95% based on one's luck.

To wrap things up, if we trade and/or invest, are we considered as "gamblers"? Probably on its generic meaning, like we risk something for value, we may be considered as "gamblers" in the common meaning. But the specific meaning of being a "gambler" which exists solely on the platform of gambling, I do submit that we are NOT considered as gamblers.

[bettercrypto]

We are not Gambler, But Traders and Investors

I know some of us might have come across this maybe on the internet, but maybe we could just take a time and ask ourselves that same question and provided an answer to it.

If it's not gambling, then what is it? High risk investment?

As for me, in either trading or investment, I will prefer taking out the high risk and made an investment with Bitcoin for a long time and have no risk in it.

Maybe you also don't want to be a trader that will gamble away his trading fund, learn some additional skills, strategies and improve your competence and take away the high risk attached and trade to profit and not on losses.

You know, what you're saying is true, and I completely agree with it because it really is true. But I just have a question, OP, also for the information of others here, so they will also know,
of course. Is being a risk-taker as a trader/investor the same as being a gambler?

Because some people think that there is no difference between being a risk-taker and a gambler. Many arguments are being made on this topic, and this is probably
for the general understanding of the other crypto community members of this forum.

[Olatundespo]

It makes a difference what you do with Bitcoin or other coins you invest in. The example of October 11th showed us that trading can be gambling if traders are willing to trade with high leverage, and if everything can be lost in a few hours, it's definitely something dangerous and high-risk, not an investment. But if you buy Bitcoin to hold it for 5 or 10 years, that's a safer plan at least you won't lose your coins trading.

Even when those high risks pays off nothing changes the fact that it's still gambling, some traders fund their trading account with a hundred dollars and decide to do a flip and end up making a thousand dollars within a short period of time, in crypto this is common with people that buy memecoins. It's better to get a guaranteed profit slowly than to take a big risk to get rich quick, trading isn't gambling

Trading is not gambling directly but if you cannot apply your funds efficiently then it will be compared to gambling. Mental decisions to get rich quick are comparable to gambling because those traders take risks and earn high profits through a few bold decisions. In the case of trading, high risks should be taken by those traders who have sufficient cash funds and are risk tolerant. It is almost impossible to get high profits through those meme coins. It would be fair for you to have the idea of ​​getting rich slowly and in the long term investment.

In my opinion, trade as an expert but continue to practice by investing for the long term before starting trading. Crypto platforms are open to everyone but not everyone succeeds here. Those who can be patient and analyze the value of the coin and buy potential coins succeed. Sometimes taking risks increases your chances of high profits, which is like gambling.

[YUriy1991]

Many people fail to understand what gambling is. Gambling is when we invest money without a clear basis and rely on chance to win. However, in crypto trading, investors invest their money in exchanges by studying market movement patterns and reading coin regulations, which will evolve based on the project's official documents and the technology offered as its fundamentals. However, if you enter an exchange without knowledge but want to immediately make large profits, that's the difference between gambling and trading. Trading requires strategy and knowledge of market movements. However, pure gambling relies on luck as the determining factor in winning.

[Merit.s]

Many people fail to understand what gambling is. Gambling is when we invest money without a clear basis and rely on chance to win. However, in crypto trading, investors invest their money in exchanges by studying market movement patterns and reading coin regulations, which will evolve based on the project's official documents and the technology offered as its fundamentals. However, if you enter an exchange without knowledge but want to immediately make large profits, that's the difference between gambling and trading. Trading requires strategy and knowledge of market movements. However, pure gambling relies on luck as the determining factor in winning.

Trading is similar to gambling even though, they have different name. October 10th, recorded the highest liquidation in the history of crypto proved that traders are gamblers because even as professional trader, you will run at loss if the market goes against you. I actually, thought that traders ain't gamblers but when I realized that reading the chart of past trades isn't a guarantee that you will make profits because you cannot use past records to judge the future, I noticed, I was wrong.

Only trade with the amount of money that you can afford to lose and don't allow your emotions to control you when trading.

[Ayers]

Many people fail to understand what gambling is. Gambling is when we invest money without a clear basis and rely on chance to win. However, in crypto trading, investors invest their money in exchanges by studying market movement patterns and reading coin regulations, which will evolve based on the project's official documents and the technology offered as its fundamentals. However, if you enter an exchange without knowledge but want to immediately make large profits, that's the difference between gambling and trading. Trading requires strategy and knowledge of market movements. However, pure gambling relies on luck as the determining factor in winning.

Trading is similar to gambling even though, they have different name. October 10th, recorded the highest liquidation in the history of crypto proved that traders are gamblers because even as professional trader, you will run at loss if the market goes against you. I actually, thought that traders ain't gamblers but when I realized that reading the chart of past trades isn't a guarantee that you will make profits because you cannot use past records to judge the future, I noticed, I was wrong.

Only trade with the amount of money that you can afford to lose and don't allow your emotions to control you when trading.

In trading, even if we have knowledge and take the time to research, analyze deeply...But in the end we still can't know exactly what will happen next, we can't guarantee our predictions. We still need to rely on luck and hope that the market will go in the direction we have predicted. So, in my opinion, it is probably not wrong to say that trading is similar to gambling.

Indeed, they are just different in name and that deceives our senses. So if we dare to face the truth, they are all the same. Gambling and trading have many similarities.

[Pandu Geddon]

Many people fail to understand what gambling is. Gambling is when we invest money without a clear basis and rely on chance to win. However, in crypto trading, investors invest their money in exchanges by studying market movement patterns and reading coin regulations, which will evolve based on the project's official documents and the technology offered as its fundamentals. However, if you enter an exchange without knowledge but want to immediately make large profits, that's the difference between gambling and trading. Trading requires strategy and knowledge of market movements. However, pure gambling relies on luck as the determining factor in winning.

People who think trading is the same as gambling are mostly beginners in trading, who do not know much about trading but force themselves to trade futures. If they were trading spot, I don’t think they would consider trading to be the same as gambling. 
But there will still be those who view trading as gambling. Just let their perceptions about it be. They are not easily open to new ideas.

[bigimann]

Trading is not gambling, but because trading is very risky is the reason some people call it gambling. I always prefer to advice people to hold than to trade because I know how risky gambling is. Investing in bitcoin is passive but if the money is not touched for a long period of time, it will be highly rewarding than losing while trading.

To many (especially beginners and none traders), trading is the highest level of gambling ever. And I somehow agree with them. You see, any form of investment that does not guarantee you a significant level of assurance on ROI, it's more or gambling than investment.

Trading can make you go from something to nothing within a blink of an eye. And that is why it is always advisable that one should go in with what he/she can afford to lose and it shouldn't be more than 1% or his capital.

Trade responsibly === Gamble responsibly.

[M47AK16]

People who think trading is the same as gambling are mostly beginners in trading, who do not know much about trading but force themselves to trade futures. If they were trading spot, I don’t think they would consider trading to be the same as gambling. 
But there will still be those who view trading as gambling. Just let their perceptions about it be. They are not easily open to new ideas.

Them, and leverage traders as well. Because they do not know much and they end up trying to trade like gambling, all kinds of "yolo trading" without any information or research will end up with nothing good for you and that is how you lose money. Most people do not realize how this is actually a bad way to make money because if you do not do your research then you are going to lose money.

A lot of people lost money this way and I am hoping that they could learn there are better ways to make money. If you do research well enough then you are going to end up with a greater return and wouldn't have any kind of loss that you can't explain, even if you do lose at least you would know the reason behind it and why you lost.

[Ziskinberg]

But we all take unguaranteed risks, therefore we are still gamblers at one point.

Traders and investors do only trade and invest for positive outcome and bigger profits. With years of good experience and exposure in the market, it help us develop our best investing and trading skills and strategies, and increase our chances of success and profitable outcome, something that we can't guarantee with gambling.

[Mahanton]

Many people fail to understand what gambling is. Gambling is when we invest money without a clear basis and rely on chance to win. However, in crypto trading, investors invest their money in exchanges by studying market movement patterns and reading coin regulations, which will evolve based on the project's official documents and the technology offered as its fundamentals. However, if you enter an exchange without knowledge but want to immediately make large profits, that's the difference between gambling and trading. Trading requires strategy and knowledge of market movements. However, pure gambling relies on luck as the determining factor in winning.

Trading is similar to gambling even though, they have different name. October 10th, recorded the highest liquidation in the history of crypto proved that traders are gamblers because even as professional trader, you will run at loss if the market goes against you. I actually, thought that traders ain't gamblers but when I realized that reading the chart of past trades isn't a guarantee that you will make profits because you cannot use past records to judge the future, I noticed, I was wrong.

Only trade with the amount of money that you can afford to lose and don't allow your emotions to control you when trading.

In trading, even if we have knowledge and take the time to research, analyze deeply...But in the end we still can't know exactly what will happen next, we can't guarantee our predictions. We still need to rely on luck and hope that the market will go in the direction we have predicted. So, in my opinion, it is probably not wrong to say that trading is similar to gambling.

Indeed, they are just different in name and that deceives our senses. So if we dare to face the truth, they are all the same. Gambling and trading have many similarities.

Many people do not realize that trading and gambling are similar in some ways but not completely the same gambling depends purely on chance while trading mixes both knowledge and uncertainty in gambling you place a bet hoping luck favors you but in trading you use data charts and experience to predict what might happen next even so the truth is no one can ever be sure of the result. When traders enter the market without learning or having a clear plan they are no longer trading but gambling they are depending on luck to make money and this is why many people lose money easily in trading it is possible to analyze and prepare well yet still face a loss because no one controls the market.

A good trader understands that risk management is more important than chasing big profits they set stop loss take profit targets and control their emotions when trading becomes emotional it becomes gambling because decisions are no longer made with logic or patience. In the end both gambling and trading share the same foundation of risk but they differ in control gambling is all chance trading gives you some control if you know how to use it wisely that’s what separates a professional trader from a gambler.

[8rch7]

But we all take unguaranteed risks, therefore we are still gamblers at one point.

Traders and investors do only trade and invest for positive outcome and bigger profits. With years of good experience and exposure in the market, it help us develop our best investing and trading skills and strategies, and increase our chances of success and profitable outcome, something that we can't guarantee with gambling.

Huge difference way between gambling trader or investor in cryptocurrency due have make analyst firstly with possibility price how much raise up and down, if getting wrong analyst our coins still the same and value decreasing will recovery back one day later.
Its why trading or investing in cryptocurrency not gambling how the gambler only have way as winner or loser and there are not any option yet their fund keep existing.
The gambling purely luckiness and betting for loss or win without have any way to make analyst before with option get existing our capital, for trading we can get recovery back our loss but many people right now have moved to future trading with possibility get liquid or losses their capital such as with gambling.

[CageMabok]

To many (especially beginners and none traders), trading is the highest level of gambling ever. And I somehow agree with them. You see, any form of investment that does not guarantee you a significant level of assurance on ROI, it's more or gambling than investment.

Trading can make you go from something to nothing within a blink of an eye. And that is why it is always advisable that one should go in with what he/she can afford to lose and it shouldn't be more than 1% or his capital.

Trade responsibly === Gamble responsibly.

Those who trade responsibly tend to take advantage of specific moments when they want to trade, and they don't trade every day if the moment has changed from the previous one. For example, some traders now simply monitor and place buy orders at certain lower prices to acquire their favorite coins at lower prices than before. So, those who trade frequently also have their own way of being responsible for what they do, because they can't do it haphazardly without considering any factors when trading, as trading doesn't have to be done every time.

[Dickiy]

Many people fail to understand what gambling is. Gambling is when we invest money without a clear basis and rely on chance to win. However, in crypto trading, investors invest their money in exchanges by studying market movement patterns and reading coin regulations, which will evolve based on the project's official documents and the technology offered as its fundamentals. However, if you enter an exchange without knowledge but want to immediately make large profits, that's the difference between gambling and trading. Trading requires strategy and knowledge of market movements. However, pure gambling relies on luck as the determining factor in winning.

People who think trading is the same as gambling are mostly beginners in trading, who do not know much about trading but force themselves to trade futures. If they were trading spot, I don’t think they would consider trading to be the same as gambling. 
But there will still be those who view trading as gambling. Just let their perceptions about it be. They are not easily open to new ideas.

Yes, I quite agree with you that those who consider trading as such are also beginners, this means they do not have the proper knowledge about what and how trading actually is, usually the assumption of trading as gambling comes out after they are dizzy or stressed because of experiencing losses and usually such people do treat trading like gambling where choosing tokens or predicting prices is by guessing and not analyzing based on data and facts, but as you said, just let it be as long as we don't lose.