Quote from: sana54210 on Today at 08:10:44 PM

Quote from: Natalim on September 16, 2022, 09:28:10 AM

Quote from: Fireebrand on September 16, 2022, 07:06:59 AM

Not if everything is calculated! Gamblers lack market knowledge and have a wrong mindset when it comes to trade. They look for ways to make quick money. However, on the other hand, traders have an approach and they take many things into consideration before taking the final call.Hence, they have more chances of earning.

It is really to know that people haven't changed their minds but consider crypto trading as an easy way to make money or earn profit just like what they know about gambling - instant millionaire.
Trading requires knowledge and skill while Gambling needs knowledge, skill, and of course LUCK. And they are both risky but the chances of earning from gambling are very slim, unlike if we do trading.
Well, if they actually know the difference between the two will help them realize that they are wrong and change their market approach.

That's right, the luck part is the difference and the house edge is also another big reason. While gambling, the casino you are gambling against would have some sort of leverage against you, meaning you should be losing more often than you win, not in the amount of bets, but the money you earn is less than money you lose on each bet, and that makes sure that casino stays afloat.

When trading exchanges make money either way, even if you lose or earn, because they take a cut from your trades, meaning there isn't anyone trying to make you lose money, nobody cares about it, so if you are good at what you do, then you could make a good chunk of profit from it.

Thats how business works and gamblers doesnt really mind much about house edge but rather they would be mainly thinking about on the current things that they've been dealing.As long they could get those winning moments or situations then they would really make out bets for longer runs or as long as they do have those capital or money into their pockets.Risk is higher on something which you've been dealing
that has house edge.

COmparing up gambling to trading is totally different.Risk would be there but the level of risk would be entirely differ into each other and you would eventually find out for yourself
about these stuffs when you do have active dealing in both things.You would eventually realize the differences.