Re: Trading vs Gambling

I could not agree more with you mate. Gambling can just be one of the many places we can spend some of our money to be entertain and have fun and not necessarily make gambling as our main source of income.

Only a very few people are gambling just to be entertained and have some fun with their money. When you say that it is not necessary to make gambling as major source of income, you have to think about it again. There are so many gamblers struggling with this argument, they are supporting themselves for being a full time gambler because it is their own source of income as they are earning good with it.

A lot of people aim to become gambling as a source of income but unfortunately majority of them failed, that is because they don't have the skills or they don't play the right game where they can use their skills. There are two types of gambling which are the skilled based and luck based games, if you want a long term success you should focus on skilled based games but you need to develop yourself to improve because knowing the game alone does not guarantee a win.

Those gamblers that are aiming and looking at the opposite side of gambling not with it's entertainment that it can give but with the source of income will actually fall into failure. My experience in gambling isn't that extreme like others who are experts in gambling but I can say that it's worth it to learn the lesson. If someone wants to be in a way of earning more money better to go with trading.

Risk in gambling is more but most of the time it is used as a fun and not as a source of earning and mostly people try their luck in that, while as far as trading is concerned there are risk involved in this as well and you have to do an extensive research before do trading.

The risk in Trading is more worth it to try than the risk in gambling, because the risk in Trading is fair unlike in gambling. Trading is more easy to do also than gambling, you just have to choose carefully the coins that you are going to buy and then you could make profits in the long run if the coins that you just bought pumps really high, while in gambling? you need to spend a lot of money and still can't assure yourself if you are going to get something in return.

You are right. Trading and gambling both have their own risk but the loss is less in the field of trading. I think that being a trader requires you to have some good set of skills and wise decision that which coin would you choose to sell or buy earning profits in the end. Gambling is just a puzzle thing. You have to put all the right pieces together to have a complete picture in the end.

by learning some lesson for trading, i think we can trade with good and we can make profit although the profit is not too big and i am sure if we do trade in every day, our skills will be improve too. but in gambling, no matter how hard we've trying and there are no luck with us then we can not win the games and we can loss our money without mercy. but if we can maintain our bets and not to big for placing the bets, i think we can manage our money too but i still prefer to do trading than playing gambling.