Post
Topic
Board Gambling discussion
Re: Do you consider trading as gambling?
by
BitMaxz
on 01/10/2016, 23:59:26 UTC
yes I do consider trading as gambling but its of course your own choice what you want, I think it is the same, it almost has the same risks too.

If you start trading without much knowledge yes it will be same as gambling and also if you trade only for the day means short term then it is also called gambling because in this short format your just guessing prices may go up or down without any base. But you trade for the longer term then you got better chance of making profit and I don't think this kind trading is exactly same as gambling.
Both day trading and long term trading become a form of gambling if you are just hoping for the price to go up, in order to obtain consistent profits, knowledge and skill should be your primary weapons.

i would say day trading is a huge gamble and you would loose money eventually if you are doing it is a very risky investment i should say, mean while long term trading does not mean you will be gambling at its core and i would term it as investment rather than calling it gambling
We can be still say that trading is gamble even you are trading daily.  the difference of gambling they are priority to give entertainment for their customers unlike trading that you are buy something that can be valuable in the future its not a gamble because we are just buying it and we can buy and sell it in the right time.. if you choose newly altcoin it can be possible that you can make a good profit and you are just lose if you are not lucky..
Because 8/10 are shit coin or scam coins and 2 of them are legit..
So trading is not gambling..