I have been reading through many of the topics on gambling and based on my knowledge of trading I had to think of something that if people treat gambling the way they treat trading will that increase their chances of success?
It never works completely with that. If a gambler treats gambling as trading, they'd rather choose trading instead. But I say it was not the case where gambling and trading are the same. It's too difficult to increase our odds of winning in a game of luck. Unlike in trading, it is possible if we have enhanced our knowledge and skills. If many gamblers lose money, many traders do the same.
But why do some people choose to gamble over trading? Because it is not about money and chances, but rather about life satisfaction and wants.
I think many people prefer gambling to trading because gambling has a plot. For example, if we talk about slots, they have a very beautiful interface and bets are very similar to travel. Each spin can lead to a turn where a treasure lies and at the same time there are multipliers that can multiply one bet by thousands of times, and there is nothing like that in trading. Except maybe in memecoins. No matter how many deals you make in trading, it is unlikely that any of this will increase your trading position by a thousand times.
Yes, gambling is much preferable to trading because it can instantly make a player's future very good if he is lucky. Just like you are talking about slots for example, I have seen a few people who have won a lot of money by gambling quickly. Especially Crazy Time where there is a twist that can increase a thousand times and make a person financially independent in his life. However, very few people win in it but most people lose money, basically there are thousands of lucky people who can profit from gambling. However, since gambling can be a good slot but there is no such deal in trading that does not increase quickly and is not profitable, yes, memecoin increases but it is not for a long time.
Only a few people can win by playing slot games. Only those who are lucky can win some amount. Gambling is uncertain and at the same time the possibility of winning a large amount of money immediately but trading is also uncertain and there is no possibility of losing all your money so which one should you choose? The logic in choosing between such questions can be between the two. Here it depends on which one you are more attracted to. I choose and play most of the gambling because there is entertainment on this platform and the possibility of winning a large amount of money. There is risk in trading but losing money depends on your experience and prudence. Which coins you buy and in what amount and the time and strategy of buying are the chances of getting your future profit by researching each thing correctly but it spends more time.
Luck would be always the main determining factor on why people do win up on doing gambling whether they are that involved with casino games or with those sports betting. Gambling and trading are both different things on which it would be just depending on what you do really want to do. Trading is never been considered to be that a leisure thing and same goes for gambling on which this isnt considered for you to make it as a source of income on which trading could give. In speaking about strategies then you cant be able to apply any strategy in gambling for you to make use in trading on which it will be needing up with that different approach. There are those times or moments that you might commit out some mistakes but its never been that recommended that you should be thinking up on this way. Gambling is just that only for fun and entertainment and trading is just that good for long term approach on making income or making a living with it but of course its not something that you can be able to learn in a short period of time or simply it do takes time.
It would be that impossible that you cant be able to determine the difference.
Out of curiosity on which you are trying out to make some use of some gambling strategy on trading then you try it but you should be doing this for the sake of curiosity and wanting to prove out for yourself that neither it works or not but pretty much sure it wont be that applicable because both things are different. There are just that those times that if things doesnt work then you would be testing out another approach on which its normal but once you had proven it out and it shows it doesnt work then never ever tend to force it out to work because it will be just that making you have that deeper loses. In conclusion then its not that good on making things to be that on similar for you to deal and treat it out. Make it sure that you would be having that separation in both things if you dont want to have that messed up application when it comes to strategies. Its never been the same no matter what angle we do saw, its just that trading could become gambling if you wont be putting up analysis into it.