Post
Topic
Board Gambling discussion
Re: Do you consider trading as gambling?
by
Invincibl3
on 27/08/2016, 10:12:39 UTC
Maybe? I think there are many difference between gambling & trading for example, Trading needs to be patience while the gambling
you need more luck. Otherwise if you don't have patience highly recommended not to trade!
Timing is what makes you succeed in trading, you do not need to wait for a long time before you sell your coins if you can take any opportunity to buy low and sell high at any given time, trading need focus on the market of coins you are planning to trade to have a good insights that would be use in decision making.
Therefore you need to have a long patience in trading, as not all the time the price is always in your favor. I agree timing is everything but you cannot do the right timing if you do not have the right patience, they work together to do trading successfully.

Trading is all about time. No rush things must be made since people will just add the risk.

If people are not that enthusiast for the method that will takes time before to earn a decent one, better don't consider trading as one of their method to earn bitcoin.
Definitely, because we need to have big patience in trading. It is not that all the time our prediction are right but with big patience we are able to wait for the price to rise again and then sell our bitcoins. Patience is also important in gambling because without it we will tend to chase our bets which will lead us to disaster.

Trading involves more of knowledge, technical analysis and money management.
Gambling involves knowledge, analysis and at times if a boat is too heavy it tend to sink.
I personally don't feel trading as gambling.