Quote from: MainIbem on August 19, 2024, 07:20:25 PM

Quote from: Dailyscript on August 19, 2024, 06:29:47 PM

Quote from: EarnOnVictor on August 19, 2024, 07:45:39 AM

Quote from: JayJuanGee on August 18, 2024, 07:30:42 AM

Trading can devolve into gambling, and sure there are likely more conservative trading methods that might not really be gambling, so there are not exactly bright lines in regards to the various categories, of investing versus trading versus gambling but they might sort of be on a spectrum in which many of us might not agree upon the thresholds upon which one of the practices might fall into being the next one.

You have a point, though you did not explain it well. Trading and Gambling are often mistaken because of the risks involved in the two and the way traders/gamblers find themselves in a situation to choose an option that can either make them win or lose. Most people forget that the modality of the two risky activities is different. If you are trading, you are actually doing Business, this is because you are buying and selling, and everything anyone could apply to regular business (caution, patience, management etc) can also be applied to online trading. The only difference is that you are conducting the online trading electronically and the market is so sensitive, dynamic and volatile. If you buy when you were supposed to sell/wait, you will lose. this is not different from buying and selling physical goods in the market.

However, one can still directly gamble in trading if they do not know it but just forcing things. You can imagine the person who was not sure of what the market would do, instead of waiting for a clearer signal took a position. Such a person is actually gambling. The same goes for those who did not analyse the market but still opened a trade. This could be funny to you but some people do it. To crown it all with another gambling in trading, the main aspect of trading that is similar to betting/gambling is called Options trading. Anything outside these two examples when the trader is acting professionally is Trading which has every distinction from Gambling.

Arguably your response can be strengthened with the fact that one can easily differentiate gambling from trading. The idea of attributing trading in Bitcoin as it is in business is misleading as they are two different child components with different characteristics but from the same parent component because it involves buy orders and sell orders. You mentioned option trading, dont forget that option trading requires complex knowledge and understanding of the market. This can be very risky to the traders and not in similar to gambling which depends on pure luck.

However, when an investor is trading there can be a lot of gambling behaviors which comes from uncertainty and this happens impulsively because of a lack of market analysis. Although market analysis does not guarantee success but is beneficial to those who wish to trade.

What I understand about both is that they have similar features which are the risk factor, depending on luck, people involved in both have to depend on uncertain events to make profits, both involves predictions, both require risk management make to profit, both requires skills and good strategy and so on but they're different things altogether and one of the difference is that gamblers depends on odds from the bookies to make their predictions while traders make their own decisions by choosing whether to buy or sell not depending on any odds to makes predict the market.

All this agument of trading vs gambling does not really matter to me, all that matters is buying bitcoin regular with the amount withing your capacity or buying bitcoin with amount you can afford to lose with a long term goal having a disposable income that can keep you going, and working out other ways of increasing your discretion to be able to increase your regular weekly investment as fast as possible to meet up your target of the amount of BTC you have planed to buy and HODl for a longer time, before bitcoin becomes more expensive than expected. I think that is what we should be talking about right now instead of bla bla bla trading and gambling.