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 ?
I think both are not the same but there are several similarities as well as dissimilarities. On gambling, funds can be 0 but on trading, it will not be 0 even until sell it you can not make whether that will be a loss or not, and if loss then how much. For example,e if anyone buys 1 BTC at 100000$ and it goes to 75k then it will not be a loss unless the person sells it at 75k.