Post
Topic
Board Gambling discussion
Re: Trading vs Gambling
by
8Habits
on 04/09/2017, 11:08:42 UTC
trading need more time to get the profit,and gambling can quickly get rich (if you lucky),but gambling has a high risk

Gambling is fast and you will have a fast time to lose too. It will be hard for those people that only gambles but don't know how to trade. I'm a gambler and also a trader but I find it more profitable in trading because it gives me a lot of chance to earn unlike in gambling when you lose, it's hard to recover almost everything.
well, gambling is very fast can make a lot of money for us. but, if you're not lucky, it could backfire for you. honestly, I prefer trading from gambling, because trading still has a great chance to benefit from gambling.
Both involve risk but gambling risk can neither be analyzed nor be mitigated. Also, trading gives us huge profits while gambling is not even a mean of earning. Gambling is a game while trading is a profession and traders are seen with more respect as compare to gamblers. At least, I do.
Actually trading sometimes feel like a game , yeaaa a game of money / game of predicting.
Both is so similar , but basically trading considered as a legitimate one to get a profitable income.
As gambling is -EV , you cannot expect always having profit there.

In trading, as long as you are not doing the margin trading, you are good because you will have the altcoins you bought forever to you and you will only going to profit or lose the time you sell it. So, if the price is down, better not sell it yet and only sell it to the price that you are already profitable.