Purpose of the topic: for a simple clarity on what your thoughts are.
Key point: cash-out in gambling and stop lose/take profit in trading
Guys, there have been too many comparison between gambling and trading and some people says that gambling is totally different from trading while some people also think that they are both the same. Personally I believe that they have similarities in some things but they are completely different. That was my believe not until I saw a discussion comment that said that gambling is 100% the same as trading and while I argue that they are never the same, I even told them that there is no stop lose in gambling but it's there in trading. I was told that the cash-out feature in casinos is the same thing as stop lose in trading. I have been thinking about and I decided to bring it here. What do you have to say ?
Trading is trading and gambling is gambling, they are different from each other but there are some things that you can do to turn trading into gambling. If you invest in coins that came out of nowhere or in meme coins, then you are gambling. If you start trading with short and long positions on futures, you are gambling but if you do it with increased leverage, then you are doing far worse than gambling.
If you do spot Bitcoin trades with no leverage and no futures contracts (no short/long positions), then you are really trading and not gambling. How is that? There is no way to lose 100% of your capital if you trade with Bitcoin because it's never going down to zero but in gambling, you can always bet enough to lose your capital.