Ninjastic
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Board Gambling discussion
Re: Trading vs Gambling
by
BlockEye
on 30/08/2017, 10:27:17 UTC
Quote from: ethereumhunter on August 30, 2017, 06:26:52 AM
Quote from: Saidmod on August 30, 2017, 05:38:40 AM
Quote from: DaddyMonsi on August 30, 2017, 01:55:33 AM
Quote from: ethereumhunter on August 30, 2017, 01:45:14 AM
Quote from: Answerme2 on August 29, 2017, 06:37:02 PM
Trading is different from gambling trading is based on 50% skills and 50% luck and gambling is purely based on luck.if you talk about profit then gambling can make you rich overnight provided you are lucky enough and trading can make sure you have reasonable and consistent profits provided you have skills and patience.Both have their pros and cons and if i have to choose one over the other i would go for trading less risky then gambling my coins away. Tongue

beside gambling can make you rich overnight, we have high risk too and chance to losing our money if we are not lucky. but in trading, once we are loss in value when the price is down, we still have a chance to make profit in the other day. the only thing that we need in trading is patience to wait until the price is rise again.
Just to add, in gambling once your money is staked, theres only 2 results, you win or you lose, not sure if there's something like a draw, but in trading if you see that you are already losing 20% of your invested money, you can take it back and save the remaining and look for other opportunity to recover your loss.
So true in gambling there is only two result that we can't change unlike in comparison into gambling there are many possibilities to earn in sone percentage and to lose but we can do cut losses to minimize our loss and get back it on other coins.

agree with both of you but for people which want to enjoy the games, i think they will no problem to get win or loss because they only want to playing the game without thinking the result.

i realize that in trading no matter how much we are lose, we can take our money back with patience but if we can not patience, then the last option is cut loss and just hope that we can recover our loss in another chance.
Trading and gambling are both unpredictable they are both depending on that "right time" which we can't never tell, in gambling we can't tell when we can win even how much we analyze it, If that moment is meant for us then we can eventually win while in trading same thing goes where waiting for such value to rise or fall depending if we gonna buy it or sell, it also defends whether we grab that chance or we missed it.