Re: Trading vs Gambling

If we do both our concentrations will be splitted, would be better to choose one of them. No doubt we know if gambling is great ways for making money fast and trading is good too, just for this it takes knowledge and patience to make a profit.

That's stupid. Why the hell your concentration will be splitted? Oh, I need to do 2 things, that's sooo haaaard, better to do nothing.

I agree, you can do both and there would be nothing wrong with it. You can always play and invest at the same time. Just make time for each one and don't really do it "at the same time" like at 1pm you gamble and invest at the same time. That would really cause a lot of problems if you do so. Schedule a time for both and you'll be fine.

That's right if you are gambling or trading then you need to give your active participation in both of them as you cannot simply put your money in it and forget it and in trading you cannot afford to miss any single fluctuation and if you do then you will miss an opportunity of making profits.

If one is going for quick profits from trading, then they need to worry about every minute and second, and it is almost same as gambling. Because in this kind trading no one can predict the prices very accurately and mostly depends on luck. But you buy some good coins and wait for prices to go up then no need to look at the prices every second.

Quick profits is not that hard in trading but in gambling it is always hard. There is greater risk to lose more money in gambling than if you are trading. Though in trading it requires a high level of skill to do which is not required in gambling. In gambling you just need to roll the dice, and you're either poor or rich. That is so different from trading.

Yes I agree you just have to learn trading once you think you're good at it then you'll have a great future making profit in trading not like in gambling all you need is luck to win.. though they are some games that requires skills and strategies like poker but some games you just have to roll like roulettes and dice games. Both trading and gambling have risks but you can minimize the risk in trading if you're going to be good at it.

in trading there is also some luck otherwise you can't explain why good traders sometimes lose without reason if they make everything right, sotrading is also a form of gambling to me, but there is also skill in trading that you acquire with experience, not only with learning, trading is very akin to poker imho, they both can have a +ev if you know what you are doing

No it's not and obviously you will lose sometimes just like the best football or tennis player losses sometimes. That doesn't mean trading is like gambling. Gambling is guaranteed to make you lose, trading is not. That being said trading is something extremely hard to master and actually make profit long term, only a handful of people can do it and most of them are not trading cryptos.