We are not Gambler, But Traders and Investors

[dunfida]

I agree with you. Many people try to compare trading with gambling but they are two different things. Yes, but there is some similarity in one thing which is the risk. In short term trading the risk is very high and the possibility of losing money in gambling is also high.

Trading and gambling is both risky but many choose to go with gambling because they don't need any so called skill for them to gamble. You can play slot games, spin, forecast sportbook and still make money without knowing much about what you are doing. If you are trader, you will need to learn so many things for you to know how to trade the market without any help or free predictions from people that are pro traders.

Many people mix up trading and gambling because both involve risk and uncertainty but they’re really two different worlds in gambling you depend almost entirely on luck you can win or lose in a moment without control while in trading you have analysis charts news strategies and timing to guide your decisions. Gambling gives you instant outcomes and doesn’t need much skill or planning anyone can play slots or bet on sports with little to no research but trading is a process that demands patience learning and a deep understanding of the market you need to study price patterns learn risk management and use logic instead of emotion. Both can make you lose money but the difference is that trading allows you to control your risk and build a plan you can improve through experience gambling doesn’t give that opportunity it’s based on chance and luck once you spin or bet the result is out of your hands trading rewards discipline while gambling rewards luck and that’s where most people fail to see the line between both.

[Frankolala]

I agree with you. Many people try to compare trading with gambling but they are two different things. Yes, but there is some similarity in one thing which is the risk. In short term trading the risk is very high and the possibility of losing money in gambling is also high.

Trading and gambling is both risky but many choose to go with gambling because they don't need any so called skill for them to gamble. You can play slot games, spin, forecast sportbook and still make money without knowing much about what you are doing. If you are trader, you will need to learn so many things for you to know how to trade the market without any help or free predictions from people that are pro traders.

Despite all the efforts that you put into learning trading, you will still run at loss. This is why I prefer to gamble than trading since I know that I don't need any skill or deep knowledge before placing my bet. A lot of traders have run at loss and continue trading without recovering back their losses just like gambling too.

[GiftedMAN]

Despite all the efforts that you put into learning trading, you will still run at loss. This is why I prefer to gamble than trading since I know that I don't need any skill or deep knowledge before placing my bet. A lot of traders have run at loss and continue trading without recovering back their losses just like gambling too.

The reason why trading requires knowledge is because of the strategies they have to do with it and the various steps which must be known before trading to avoid losing a lot of money not that it is certain that after gaining the knowledge you will trade without encountering losses but in gambling you may not need to undergo the learning process like trading but you still need to start watching football matches or follow up the sports you gamble on to know more before you gamble or you study the statistics of the game before gambling still it doesn't make you no to lose at the end when you gamble.

[Dzwaafu11]

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.

People who relate trading to gambling I classify them as people who don’t understand what trading is all about; they view trading as gambling due to the high risk that is attached to trading, which is not trading. It is obviously different from gambling for people who understand it and how it works.

Even though it’s a high-risk investment, it’s a calculated-risk investment. Gambling can be done by anyone. As long as you can predict, you can’t predict the crypto market. If you are a crypto trader, you must do your analysis and every single thing that is needed before taking any further step, so trading is different from gambling.

[sharplines]

I don’t think trading is same as gambling. In gambling you just depend on luck, you win or lose without control. But in trading you use your mind, study the market, make plans and manage risk. Yes, traders often lose money, but they can learn and get better next time. Gambling don’t give you that chance, it’s all about luck. So for me, trading is not gambling, it’s a skill you build with time.

[cxtreenal]

I don't really see much risk in Bitcoin in the long term. You might ask why. The answer is that I am accumulating Bitcoin in the DCA method through discretionary income. This is a fund that I add to my expenses and consider it worth losing. But surprisingly I am not losing my wealth because long term Bitcoin accumulation are leading to the progress of my financial situation.

Short term trading is risky but experience can make you profitable by eliminating risk. That is why you have to pass the test of long term investment such as accumulation Bitcoin continuously. Since discretionary income is used this strategy gives away an investor to easily reach the target from a risky situation.

Using long term investment experience, you can use a part of the profit in short term trading and diversify your portfolio. The temptation to profit in short term ways without going through the long term process of getting profit makes you suffer more losses.

[SuperBitMan]

I don’t think trading is same as gambling. In gambling you just depend on luck, you win or lose without control. But in trading you use your mind, study the market, make plans and manage risk. Yes, traders often lose money, but they can learn and get better next time. Gambling don’t give you that chance, it’s all about luck. So for me, trading is not gambling, it’s a skill you build with time.

Yes I like this your definition in Trading it is a skill you build with time is not like gambling that you can know today and start Gambling that same day, some set of people thinks that Gambling is like trading but it's totally different, when it comes to trading you need time and you need to study how the market works very well, trading deals with crypto market while Gambling is about sports and other things that mostly comes with luck, it is true that trading also comes with luck sometimes but it is not something you should rely on because you really need to know how to study the market before you can be making profit.
Trading is very difficult it is not something that you can start and you start gaining immediately you need to have a lot of patience and you need to be trading for a very long time before you can become successful in Trading because you need experience.

[AYOBA]

Gambling is a game that is completely based on luck and decisions have to be made on emotions and assumptions. But when someone does trading and wants to succeed in it, he has to do planned analysis, do financial activities based on information and strategy. And if there is skill, knowledge and patience then a trader can succeed here. But when someone gambles, he does not analyze the reasons for financial losses, on the other hand a trader or investor learns from his mistakes, changes their strategy and makes the risk manageable. It is a game of skill and mind and there is no need to rely on luck here.

Yeah, honestly gambling is all about luck, which means the gamblers have to do with the risks, but some people want to win big, and they want to take a risk, and in this life, if we don’t risk big, we won’t win big. That’s all about the gambling, and it’s the same thing with the trading, and that’s what most of the investors and traders don’t do.

In terms of trading, some will have interest in the trading, and they don’t get enough capital, where by some will have enough capital, but they will lack knowledge about the trading, and instead of them going and seeing for knowledge, they try to know the fundamentals of trading so that they can be guided well, but they don’t want to seek for first, which is why most traders fail.

[letteredhub]

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

It's bitcoin for me too any day and any time. And one thing about bitcoin is that you don't lose except you FOMO or catch market FUD and sell prematurely.

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.

No matter how competent you could be as a trader there are days you would be making losses as well, having the competence and skills doesn't take away the risk if you're trading or investing in a pump and dump shit token. In my opinion, the risk whether high or moderate is base on the coin you're trading.

[Maslate]

No successful trader or investor that turns into a gambler. Otherwise, if you are gambling on your market assessment, most especially gambling with your funds, the most possible outcome will only be losses and regrets.  So gambling has no place in real trading or investing.

This the exact reason why trading and investing shouldn't be rushed unless if you have made good preparations for them. Gambling is just easy to deal with just depending on luck, but for trading and investing, luck alone without clear knowledge and real potentials will definitely not work in the end.

[Ahli38]

I don’t think trading is same as gambling. In gambling you just depend on luck, you win or lose without control. But in trading you use your mind, study the market, make plans and manage risk. Yes, traders often lose money, but they can learn and get better next time. Gambling don’t give you that chance, it’s all about luck. So for me, trading is not gambling, it’s a skill you build with time.

I personally consider trading to be the same as gambling in sports specifically, where we can use our minds to analyze the teams and even set a well-thought-out plan while managing the risks. But the difference is only in how we play or even how we analyze it. So I personally consider trading to be the same as gambling in sports as we can hone our skills along the way. And I think they require luck too. However we must be smart in our analysis as traders. We need to be aware of the risks and even the consequences. so we can manage the right portion in trading.

[ChocolateBitcoinK]

Gambling is based on luck and no matter how well you analyze it, the results cannot be guaranteed. On the other hand, trading requires analysis, planning and discipline to make decisions.
So, although trading and gambling are somewhat similar, their foundations are different. Many people get addicted to short-term profits and chase quick profits that they can beat the market, but this is a test of luck, just like gamblers chase losses in the hope of winning in gambling.
If there is the right understanding, knowledge, necessary skills and strategies, trading and investing can be made more manageable and profitable. So, when we think about trading or investing, we have to abandon the gambling mentality.

[Byebyebtc]

Trading is a business, and only the ones with good knowledge and psychology can get profitable in this type of business, and the good thing is that the profits can be life changing, unlike some other business that have little amount of profits,

But even as the profits can be life changing the losses can sadly be awful as well, but you have to be on another level of tolerance to be able to bear the losses that will later make you profitable after you have survived different stages in trying to be the best at that field

Mean while I still see no reason why some individuals call trading gambling, this is showing a high level of ignorance and lack of understanding. It takes another topic to be able to break down the difference between this two, but for those who thinks that trading is not gambling, your thoughts are right and very valid.
Because tell me how someone will grow an account brick by brick taking profits as a result of the skill you have learnt overtime and some ignorant individuals still call that gambling.

[hafiztalha]

Gambling is based on luck and no matter how well you analyze it, the results cannot be guaranteed. On the other hand, trading requires analysis, planning and discipline to make decisions.
So, although trading and gambling are somewhat similar, their foundations are different. Many people get addicted to short-term profits and chase quick profits that they can beat the market, but this is a test of luck, just like gamblers chase losses in the hope of winning in gambling.
If there is the right understanding, knowledge, necessary skills and strategies, trading and investing can be made more manageable and profitable. So, when we think about trading or investing, we have to abandon the gambling mentality.

Gambling is very very risky as comparison to our thinking because we lose money 99 percent of the time and if we have good luck we can get the lottery but there are only 1 percent chances of getting lottery or won gambling. People are blindly using their money on gambling and that are losing money. Trading is also risky thing but it could be beneficial with knowledge and good mindset because person should be free and there should not be tension on that and it he has tension he will lose money because he will take wrong trades and will be greedy and will take quick actions .
 Investment of gold and silver could be more risky than Bitcoin because youngsters want to invest in these things.

[maknyos]

Gambling is based on luck and no matter how well you analyze it, the results cannot be guaranteed. On the other hand, trading requires analysis, planning and discipline to make decisions.
So, although trading and gambling are somewhat similar, their foundations are different. Many people get addicted to short-term profits and chase quick profits that they can beat the market, but this is a test of luck, just like gamblers chase losses in the hope of winning in gambling.
If there is the right understanding, knowledge, necessary skills and strategies, trading and investing can be made more manageable and profitable. So, when we think about trading or investing, we have to abandon the gambling mentality.

Gambling is very very risky as comparison to our thinking because we lose money 99 percent of the time and if we have good luck we can get the lottery but there are only 1 percent chances of getting lottery or won gambling. People are blindly using their money on gambling and that are losing money. Trading is also risky thing but it could be beneficial with knowledge and good mindset because person should be free and there should not be tension on that and it he has tension he will lose money because he will take wrong trades and will be greedy and will take quick actions .
 Investment of gold and silver could be more risky than Bitcoin because youngsters want to invest in these things.

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.

[Crypt0Gore]

I agree with you. Many people try to compare trading with gambling but they are two different things. Yes, but there is some similarity in one thing which is the risk. In short term trading the risk is very high and the possibility of losing money in gambling is also high.

Trading and gambling is both risky but many choose to go with gambling because they don't need any so called skill for them to gamble. You can play slot games, spin, forecast sportbook and still make money without knowing much about what you are doing. If you are trader, you will need to learn so many things for you to know how to trade the market without any help or free predictions from people that are pro traders.

Despite all the efforts that you put into learning trading, you will still run at loss. This is why I prefer to gamble than trading since I know that I don't need any skill or deep knowledge before placing my bet. A lot of traders have run at loss and continue trading without recovering back their losses just like gambling too.

Trading is better because you can trade in 10 rounds and win all that trade, my friends have use 100x leverages in 10 trades and they all turned green for him, he already recovered all the money he lost in the past weeks.

You can never do such and have the same result in gambling, the system is rigged against gamblers, and like you said, in gambling you need no skills and deep knowledge before placing bets, this is why gambling sucks compare to trading.

With the knowledge in trading is why you will have positive result more than someone who is into gambling, with the skills I have in trading I choose to risk $1000 but I can not do the same if I want to gamble.

[Dickiy]

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

It's bitcoin for me too any day and any time. And one thing about bitcoin is that you don't lose except you FOMO or catch market FUD and sell prematurely.

Bitcoin is actually suitable for everyone, but it's recommended only for those with an ideal income and a basic understanding of investment, especially regarding the risks. There are certainly risks, but they aren't significant, unless you're involved in futures or forex. Oh, and one more thing, investing (of any kind) is only recommended for those with a strong mentality, as there are many cases where investors sell their assets when prices drop, when in fact, it's a market correction leading to a higher price.

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.

No matter how competent you could be as a trader there are days you would be making losses as well, having the competence and skills doesn't take away the risk if you're trading or investing in a pump and dump shit token. In my opinion, the risk whether high or moderate is base on the coin you're trading.

Of course, risk can never be completely avoided, as it's part of trading or investing. Everything has its risks, especially those involving profit opportunities. If extensive skill and knowledge could prevent us from losing entirely, then why do professional investors and traders still experience losses? I often see professional traders experiencing losses.

[Mahanton]

Gambling is based on luck and no matter how well you analyze it, the results cannot be guaranteed. On the other hand, trading requires analysis, planning and discipline to make decisions.
So, although trading and gambling are somewhat similar, their foundations are different. Many people get addicted to short-term profits and chase quick profits that they can beat the market, but this is a test of luck, just like gamblers chase losses in the hope of winning in gambling.
If there is the right understanding, knowledge, necessary skills and strategies, trading and investing can be made more manageable and profitable. So, when we think about trading or investing, we have to abandon the gambling mentality.

Gambling is very very risky as comparison to our thinking because we lose money 99 percent of the time and if we have good luck we can get the lottery but there are only 1 percent chances of getting lottery or won gambling. People are blindly using their money on gambling and that are losing money. Trading is also risky thing but it could be beneficial with knowledge and good mindset because person should be free and there should not be tension on that and it he has tension he will lose money because he will take wrong trades and will be greedy and will take quick actions .
 Investment of gold and silver could be more risky than Bitcoin because youngsters want to invest in these things.

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.

[letteredhub]

It's bitcoin for me too any day and any time. And one thing about bitcoin is that you don't lose except you FOMO or catch market FUD and sell prematurely.

Bitcoin is actually suitable for everyone, but it's recommended only for those with an ideal income and a basic understanding of investment, especially regarding the risks. There are certainly risks, but they aren't significant, unless you're involved in futures or forex. Oh, and one more thing, investing (of any kind) is only recommended for those with a strong mentality, as there are many cases where investors sell their assets when prices drop, when in fact, it's a market correction leading to a higher price.

Before you do put your money into anything business, asset investment you must have a knowledge into what it is and it shouldn't be done by what others have preached about it to you. You have to do your due diligence to understand the risks linked to it and the profit and then scale them to know if it's worth it. Very correct on having ideal income. A mistake which some persons do make is taking a path on investment with their savings in an asset without having a dependable means of income that they can lean on to survive as a financial safety net that can help to prevent panic sell.

[Baki202]

The reason why trading requires knowledge is because of the strategies they have to do with it and the various steps which must be known before trading to avoid losing a lot of money not that it is certain that after gaining the knowledge you will trade without encountering losses but in gambling you may not need to undergo the learning process like trading but you still need to start watching football matches or follow up the sports you gamble on to know more before you gamble or you study the statistics of the game before gambling still it doesn't make you no to lose at the end when you gamble.

How can you even trade with knowledge? It is not possible because where do you even start? The only thing is that maybe they will take a guess, either short or long, and in this case, you cannot be right, and you will easily lose your money, because how long do you want to even do guesswork? Is it not better for you to just sit down and learn? Because the only thing that can save anyone from losing money is more than knowledge, because then you have steps you can take that will put you on the right track, because that is one thing we are finding difficult to do.

And it is good when you learn because when you learn, you will even keep track of your money and if you are making a profit or not, and if it is not working for you, the best thing will just be for you to just quit, and maybe hold because it is not everyone that has the patience to learn.