Quote from: Hamphser on Today at 07:57:54 PM

Quote from: BitDane on October 03, 2023, 08:47:56 PM

Quote from: savetheFORUM on October 03, 2023, 12:51:53 PM

Quote from: Mr.suevie on October 01, 2023, 10:25:05 PM

Quote from: BenCodie on October 01, 2023, 08:54:29 PM

Day trading & gambling do have similar features. Short term investing in blockchain does trump both of the latter I believe.

Indeed I will agree with you on this because short term trading is way risky as same as gambling and believe me I have had a taste of both and the results that yeilded from both field are the particular ones am not too proud of and I wouldn't ever advice anyone who is not an expert in trading to ever even venture into it. It's more preferable to just buy little coins and save and hope for the market to boom once more

You can't really blame trading for the mistakes you've made yourself, it's you who wasn't knowledgeable or experienced about the market and couldn't handle the trades very well which is probably why you had to face losses, and I'm pretty sure that you gave up after a single loss which is why you say that gambling and trading are similar which is not true. Even if you are making short-term trades, you can still manage to gain significant profits over time.

I second your belief that trading and gambling are not the same. When a person do trade without knowledge on what he is trading, it is considered to be an act of gambling because he tends to gamble his money and relies only on luck without using the mitigating factor that is available in trading. But this action does not conclude that trading and gambling is the same because in their true essence, trading have many factors that can mitigate or remove the risk factor of the activities while gambling has no means to lower down the risk.

Quote from: savetheFORUM on October 03, 2023, 12:51:53 PM

Gambling is totally dependent on your luck while trading requires knowledge and experience, and it isn't necessary for someone to have all their trades ending with profit, you will face losses as well but it is not like gambling where your losses will surely be more than your wins in the long run.

There are gambling that also relies on skill but the risk factor is still greater than trading because the uncontrolled variable is added to this gambling games in order to nullify the skills a person who is betting has. Life for example in a boxing match, sportsbooks add certain options like being KO'ed in a certain rounds or winning through decisions that make the risk of losing way higher.

On simply just making use of your own common sense then you can directly spot out on what are the main differences on which gambling and trading could have. Yes, both have some risks but the level of risks

would really be totally different and this is something that determines whether it would really be that something worth for you to deal with or it depends on what are the intents you do have in mind
whether you are thinking up for some investment type of mindset or would really be go for leisure. We arent that too dumb not to determine on which things do really fit out on that criteria
or wont really be able to point out fingers on which thing that suits out with your interest or intent. Both things could really give out that kind of opportunity for you to make
money but of course it would really be talking about different field since gambling and trading is really just that not the same and something that needs up that separate intent
basing up on what you do have in mind.

You'vr made quite a good post herrz it's just terribly structured. Sentences are continuing 2 line breaks away at some points!

You are completely right though; Intent, Leisure/investment, and and I think, expectations as well, all determine if we are aiming to gamble or trade (in a market or on a casino platform). An investing mindset is not going into a casino. A leisure mindset probably will (or an exchange with extremely high margin, lol).