Post
Topic
Board Gambling discussion
Re: Gambling is like day trading ?
by
ethereumhunter
on 14/05/2020, 16:57:30 UTC
Yes, I agree with you. In the trading, crypto or forex trading, we really need to have experience and skills to get the right coins so we can make a profit.

And that will not be the same as gambling.

If you think that gambling is based on luck, you would not really think that you can also consider gambling as a way like in trading where you can analyze  the game, the game that I am referring are not games that are played based on luck only, games with house edge because we can never win consistently in games with house edge, I am referring to sports betting and poker as well.

Gambling still needs luck, whether we say that skills take part in gambling or not. Trading can be a way to make a profit than gambling if you have skills in trading. But if you say that sports betting and poker can give you a profit, I think that can work well too as I know that some gamblers who bet in sports and poker can make money too. Well, not all people gamble in sports and poker since the lesson to skill to collect the data in the sports and poker games will be too difficult for me.


Yes, I agree with you. In the trading, crypto or forex trading, we really need to have experience and skills to get the right coins so we can make a profit. And that will not be the same as gambling. When you don't have luck, then you cannot get a win. But both, gambling and trading will not be easy to make money because we need to know the right timing to enter the market. In gambling, we need to know when we can stop gamble, so we don't lose all of the money.

Entering the market is absolutely not a problem, especially if you enter such coins as bitcoin, Ethereum, they can restore their price even after strong falls. The whole question is just about waiting time.
In order not to lose a lot of money in gambling, you need to be able to determine for yourself the amount after the loss of which you stop playing.

Yes, but many people cannot wait for some time, and they tend to panic if they see the price drops too far. If they don't know how to trade, then they might be a gamble because they will not see how the chance to pick the right coin. That will like a gamble for me Grin