Post
Topic
Board Gambling discussion
Re: Do you consider trading as gambling?
by
ethereumhunter
on 24/08/2016, 09:56:47 UTC
I see no difference between trading and gambling. I think the only difference is the time frame. In gambling, you can get your results in an instant. While in trading, you can wait for days/weeks before you sell your coin. The instant of you selling your coins in trading will decide if you get profit and how much or you get less than what you've invested. Nevertheless, trading would always be better than gambling because you can do tons of research first about a coin before you invest on it.
I see somehow there is a similarity in trading and gambling because there are gambling games can be studied or research to gain some knowledge that can be useful for you to get the advantage, and I am saying sports betting gives you that opportunity. In addition, sports betting provide a leverage for the bettors to do sports arbitrage which has no risk which will guarantee you a win everytime.

Yeah but how can dice be researched and studied? Its pretty much basic probability. Only method that doesn't quite work well is martingale and usually leaves most gamblers with no BTC after they hit a huge losing streak.

Yeah, all strategies cannot work on dice because the result is random and give more odds on the house. So to have a steady on dice is to have a really good luck. But it is different in trading, you can study trends, apply techniques and strategies to actually make money. It is not all based on luck but on a careful study of the market.

in other word, trading is different than gambling. trading is based on learning the market, how we analize the market, when we can buy and when we sell. and gambling is based on luck for the most factor beside of strategies in each of player.