Post
Topic
Board Nigeria (Naija)
Re: The difference between gambling and trading.
by
Franctoshi
on 21/02/2025, 03:38:59 UTC
There is no much difference between gambling and trading, in gambling the gamblers are predicting the outcome of an event or games which may end up not happening the way they predicted while in trading the traders are speculating the price of crypto currency, in fact the process is just same since both have do with predictions. 
In gambling, analysis is required same with trading anThe risk of losing money in both is very high and they are always move by greed.
For trading it requires the trader to an in-depth analysis, whereas in gambling can bet without much of that, because I have seen people come pick random teams they just feel they will win without going through analysing things like H2H meetings, last 5 games played and the teams tactical system of play.

both traders and gamblers has one motive, which is to make quick profit within a very short period of time.

At some point here you got it wrong, not all traders are in for quick profit within a short period of time, there categories of traders, such as scalpers you can tag them quick profit takers and this set of traders can be tagged as gamblers,  the second set are day traders, and the swing traders, this set of (swing traders) can hold trades for weeks and months before hitting their target.